THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMEIYT)S REPORT AI¥D ACCOUNTS FOR THE YEAR ENDED 31 ocfoBER 2025 Company number: 3270753 Chari number 1063528 THE ERAShWS DARWIN FOiiNDATION COUNCIL OF MANAGEMENf's REPORT AIYD ACCOUNTS FOR THE YEAR ENDED 31 ocfoBER 2025 Company number. 3270753 Chari number 1063528 CONTENTS PaBe Council of Managemerht's rep)rt Accouotsnts rewt Swement of financiaj *ivsti& io Balar￿e She¢¢ StaiemEr]t of Movcm¢nts on Stwement of Cth Flow 14 Notes to the accounts 15-26 Page 2 THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMENT'S REPORT AND ACCOUNfs FOR THE YEAR ENDED 31 OCTOBER 2025 Company number. 3270753 Chari numbtr 1063528 ADMif41STRATIVE INFORMATION Trn$¢ee$ of the Charlty Trn5tees Dlrtetors *$ Council of Management durirtt the year Professor D Amigoni18ppoinwl 6 June 21r251 Mrs J E Arthur J Barlow The Reverend Canon A N B8mord Miss D G BIake-R0￿rts R WBrow Mrs M.E. 13udgen Ireiired 6 21n51 DrN A Cambrid8e Dr S D Chaplin (retiTed 7 NovemFKr 2025) Dr M M Dick l appointed 6 Jun¢ 2025) DrPFFara S Harris {reti￿ 7 October 2025) D.J. Kershaw Dr C M LoGkwood Ireiired 7 Nov¢mixr 2025) Mr5 J Redman (appoint￿ 6June 2025) Page 3 THE ERASMUS DARWIN FOUNDATIOIY COUNCIL OF MANAGElktENf's REPORT AND Accouwrs FOR THE YEAR Ef4DED 31 OCTOBER 2025 Company number. 3270753 Chari numb¢r 1063528 ADMINISTRATIVE INFORMATION Secretary N C Faunch Charlty Trumbtr 1063528 Company numbrr 3270753 Prlneipal •ddr nd rrylsttred ofnce Ern8mus t)arwin HOL Beacon Street Li¢hfield Staffory15hire WS13 7AD Actount4nts Wynniatt-Hu5ey Ltd ChArtwed AccouTr￿ts 8 Bore Sireel Lichfield Stsffordshire WS13 6LL B*nke Nai We81 PLC MarkLt Sirlx Lichfseld Staffordshire Solldtors Ansons LLP St Mary5 Chambers S B￿dmarket Stre Lichfjeld St8fford5hire WS13 6LQ Pag¢ 4 THE ERASMUS DARWIN FOUNDATION COUNCtL OF MANAGEMENT'S REPORT AND AccouNfs FOR THE YEAR ENDED 31 OCTOBER 2025 Company number: 3270753 Chari number 1063528 REPORT OF THE COUNCJL OF MA14AG£MENT The accounts have been prepared in acc(xdwKe with accounung policie5 sei out in note I to the accounts and Comply with the charity's Memorandum and Articles the Charities Act 2011. the Companies Aa 21K)6 and Accounting artd Re￿nINg by Charitses.. Strtrmeni of RecommeJ)ded Practice applicable to Charities preparing iheir accounts in accordance with Financial R¢portinK Siandard a￿1￿￿ble in the UK and Rwbli¢ of lJrlaTrJ {FRS1021 sttond &lition ￿blIshed in 2019. Structure, Covern*nce *nd M•MgemtAt ove The organisation i% &charitabl¢ ¢omp8ny Itmited by gLMrantee. Thecompany was formoj undera Memorandwn ofA&qKiation ¥vhtch e&ablishcd the objects and powets of the tharitable compary and is govemcd under its Artitl¢s of A5sKialiim. Any pcr50n Jnoy become a n)¢mber on paYmLni ora $ub5UiPiion. The meJnbe¥s have a liabilily restric*d to £1 m¢mber on ivindtng u nlm unci ofm The directors of the wnpany are alw thrity thtsfe¢s for the purrx6&% of cjwitsble law and under the company's Artic1¢5 a￿ known membeFS of the Council of mat￿gemen(. Under the ternis of the Metnorondum a￿1 Articles orA&￿￿tatIon the membus of the Council of Mallageme￿ a￿ divided tnto three ca*gories. Of the rtrst wegory of Founder memtr￿ there are none Temaining on Colln¢il. Five metnbers ¢an be nominated by Bodies under clause 31(al. (Xher are atwinted by the cl￿n¢1[ for renewable fixed teTm& Membership of the Council of M8nagement ts from Ewsitw voluntsry and a¢adwi¢ srfior5 to provide a broad range of skills to the thwriiy. ni NWY iru5tees or¢ inviteil to ￿tend an indudion mLwing ￿ iamiliarise th¢rrt5¢1vcs ivith chari¢y and the context within which it O￿ate% These are led by the Chairnlan of the Managon¢nt CoTnmii*e and Cover the obligations of Coun¢il of Management Mefflbc￿ the legal franjework of the charity, ￿soUrCe￿ and t￿Tret)¢ rJnanci￿ ￿)SitIOn. and slratw. Thr Council of Managemcni have c(¥Klucted a ￿vieW of the major risks to which th¢ charity is cxposed. The risks are recorded and reviewed annu￿ry. Where appropTi￿e. systems have been established to miiigate risks. External risks to Ltsl to rt8ulaF Trviews io establish oew funding sources. Intemal control risks are minimi5ed by supervision and control prrKxdur¢& Pr￿j￿r¢S are in place. and are regularly reviewe4 to enwr¢ compliance with H¢8]th and Sdfety and other ￿levant legislation. Pa8e 5 THE ERASMUS DARWIN FOUM)ATION COUNCIL OF MANAGEMENT'S REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2025 Company llumber. 3270753 Cbari number 1063528 tructure Day to day provtsion of services are provided underthe control and syrvision of a Ma[￿eMen¢ Committee and the House Managtr. The Mana8em¢nt Committee is reg)onsible for ensuring that the Charity delivtrs ihE 5pecifial ser¥ice5 aThJ thai key pcrforniance iThdica¢ots are met. The Manager has responsibility for the day (ts day opeNionaJ Tha￿ag￿￿en1 of the House. I[￿1vidUal SUFtrvision of the staff team and ensurin8 that the te￿ wrrtinue to thVe1￿ their ￿[O￿a]ce and skills in line with go(NJ praciite. The charity work5 closely wth Lichfield Cathedra] and Ltchfield Diwiu aThJ City Council& No memberof Council is ¢onn¢cted with eitbKr Ix)dy. Obltets Aetivltles The Charity's objects are to¢reAte manaBe atKI develop a suithble memorial to Fxasmus Datwrn. including arter￿ts 0￿d me4norabili4 and an a￿h1val r￿u[Ce and learning environmeni committed to a sthndard of ¢x¢clltnce beliuing the life •)d works of Fx&gnvs Dar¥￿￿ and of the ￿lIdIng in Lichfield which w&4 his home. The rAJli¢i¢s *JoNed in of ihese objects ar¢ ￿ mainiain a strate8y of marketiThg 8nd p]Dmotion of the charity'5 premises and L¥Jnients and there has bets no change in these ￿)lICIeS during the year. The trustees ¢onfimJ they hhwe TEf¢rred iothe guidDnce conthined in the Chariry Commi&%ion's general 8ui¢lance on public benefit wlKn ]Eviewin8 the Foundation's aims arKJ objertiv¢s and in planning future acihvitie Afhievements pprf0rnl•￿c¢ During the year the Charity continued to dcvelop the ac¢ivitie5 of Eragnus tknvin Hous Fln*nclal revk Although tlKre was an inettase in income for the year the Charity exper￿￿￿ an unexpxaed increw in uiility alld other running ¢osts. There was a deficir for ¢hc yearof£6.973. Prln Aside from ihe income g¢nw•ted by donty& visitors and users of the the prithcipat funding sources coniinue to be Lichfi¢ld City Council ￿ other grdnt rKoviders. THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMENT'S REPORT AND AcCou￿rS FOR THT YEAR ENDED 31 ocfoBER 2025 Company number 3270753 Chsri number 1063S28 Investm Although tlr Charity rthiw a prudent amtyjni in rewves each year. most ofthechartty's ￿ndS are to be S￿n[ in the thort term so t1￿ a￿ few fun(is f(Y long term investmenL li is the policy of the charity that unre&riaed liquid fimds should be miintairKd ￿ a level equivalent to (our month'5 expendilwe. The trustees considerih8t r&seryes at this level will thw, in the event ora significdnt dr(ip in funding, IhLy i4.ill be able to conlsnuL the charitv's current activitie5 consideralion is gÉv¢n 10 ways in whith additio1￿j fwds may b¢ rni5e Pl#n5 for future The Council plan5 continui￿ the aciivities akne in forth¢x)ming years ￿bie¢l to Wisfa¢tory fundi￿ arr8ngemeTh None of the memFErs of the Council of Managemeni h&5 any F*nrficI￿ int¢r&st in the comrAny. All tsf the members of the Council of Managementaremembers of the comrAny and gilaJ￿tee to contribute £1 in the ev¢nt of a winding UP. Page 7 THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMENT'S REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2025 Company number: 3270753 Chari umber 1063528 REPORT OF THE COUNCIL OF MANAGEMEKr Respon5ibtllties of the Management Cojnmittee Compwy law requires the Council of Manag￿￿ent to prtyare financial aatements foreach financial year which give 8 true and fair view of the of affairs ofthe charitable company as at the balance sheet dale and ofiis incomtng resources and application of resour￿& including ino)ffle and expendilure for the rinancial year. In pr¢paring th)se fIr￿1Cl￿ Sta*Men￿ the cl￿nell of Managunenl should follow best PrnCIiL¢ 41nd.. select suitsble ￿(￿ntIfi8 ￿)1￿CleS and then apply con&stently' observe the meihods and ryinciples in the charl￿ SORP 2029 IFRS 1021" make Judg￿entS ar￿ ￿1rna￿ thai are rewnable a[￿ [￿￿1¢￿( 51aie whelher UK Accounting Stan(knrds have been followed. prepare the tinancial statements on a going unless li 15 inapp1D￿l￿e to presume that the Charity i¥ill continue on ihal F*si& The Council of Management is responsible for main(aining prO￿ar¢ounting re￿rdS which disc105e wilh Te&81)nable a¢curdCy ai any time the tinan¢ial r#)silion of ihe charitable company and enobl¢ it ￿ ensure ihat the linancial ￿atr￿ents ¢omply with the ComFvnies Act 21K￿. The Council ofmanagemeni is a150 rLsponsiblL for EafLguJrdinE ihe asse15 ofih¢ charild7>le cotTrpan)' and hLmC¢ for iaking r(￿able s*p5 for the pjyveniivn and daection of frnud other irregulariiie& Mem er5 uncAI f MA emt m¢m￿r$ of the Cwncil of Management. who are di¢￿r$ for the of ¢ompaoy laiv, and trusiee5 for the purp)se ofchariiy law, who servtsl durin8 the Yeara[￿ up io the dale of this report are sd out on page 3. Approvuj by ihe C¢MJncil of Managemeni on HrKi sIg￿j on its behalf by: Dr N A Cambridge Chairman Daied.. 12 June ?026 Page 8 THE ERASMUS DARWI￿ FOUNDATIO COUNCIL OF MANAGEMEiYf?S REPORT AND AccouNfs FOR THE YEAR ENDED 31 ocfoBER 2025 Company Dumber. 3270753 Chari nmmber 1063528 ACCOUNTANTS REPORT TO THE COUNCIL OF MANAGEMEKf ON THE UNAUDITED ACCOUNTS OF THE ERASMUS DARWtN FOUNDATION In ordff io 8SSi51 you ¢0 fulfjl your duties under the Compnies Act 2(#)6. we K7ve prepartd for your approval the rinatt¢ial st&ements of The Ern*nus Damn FoLrndation for thE year thded 31 October 2025, Set out on pages 10 to 26 from ¢h¢ accounting records and infO￿￿10n and explanatioos you have given ￿ us. It is your duty io ¢[￿1[¢ that The ET&qnus tknvin Found￿10￿ h&$ *JequaL¢ ￿cOunting recojth and to Prepare slatutory financi￿ ststemeDts lh* give a trut and fair view ofthe liabilitie5. fiJMn¢iaJ position and profit of The Erasmus Darwin FOU[￿a￿ON. You ¢on5ider ihat Ehe comrAny is exempt from th¢ sthtuts)ry requirem¢ni for ajj aLHlii forthe year. We have ¢)ot instnKtcd to carry (xrt an audit or a review of the financial statemeots of The Er&wnus Darwin Fou[￿atIon. For thÉs reason. we haye not verified tk ￿tUra¢Y or completeness of the accounting records or infom)ation and explanations you hwc givffl to us aThJ we do thertfore, express any opinion on the statutory financi￿ s￿teMen Wynniatt-Husey Limited Chartered A¢¢ounthnts 8 Bore Street Lichfield Staftord5hire WS136LL Dated.. 12 June 2026 Page 9 THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMEiYf's REPORT AND ACCOUNfs FOR THE YEAR ENDED 31 OCTOBER 2025 Company number." 32707S3 Chari number 1063528 STA TEMENT OF FtNANCIAL ACTivrriES (NCLUDtNG NCOMB AND EXPENDITURE ACCOUND For ihe year ended 31 ou0￿r 2024 2025 2025 2025 2024 Untesrriaed funds Restri¢ted runds Ino¢ 15) 36.748 Tot fund5 Total runds ncome tkjnaiions and grar)ts Charilable activitie5 Investmenl income 44.019 80.767 80.696 48,288 5.358 10.978 10,978 Totsl incomlng r¢so¥Ytes 748 141411 134J42 Costs of gcneraiing volunlary tnLome 14.777 14.777 11.887 Direci clwitBble ex￿di￿￿e 13WK) 18.878 20,620 Funthaising c¢)sts 544 120 Mana8¢ment & thinistration 83.51Y) 83.618 70,929 Tot81 rt50urtes ¢xpeDde l12ffj36 Sl8l 117,817 103356 movement in (6.973) 31567 24594 30,786 Reconciliation of funtts- Total funds Iwought fonvdrd 51.499 57.879 27.093 Total funds carried forward 44J26 37,947 82.473 57,879 The ne¢ movement in r￿d& is afterdwxing DepreciatÈoTh lJ16 1,183 1499 1.343 The Statement orrinancial activities inclu(ks all gains a￿j 105ses in the year. All incoming rÈ50urcts and resources ¢xpend¢d deriv¢ frojn conlinuing activitie Page 10 THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMENf's REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 ocfoBER 202S Company number: 3270753 Chgri umber 1063528 BALANCE SHEET AS AT 31 ocfoBER 2025 Notes 2025 2024 Fixed assets Tangible &s*ts io 15.045 1.147 Current &88¢ts Stocks Debtors Cosh at bank and in hand 1,150 5.017 67,110 73377 1,150 5,714 101,754 11)4618 Creditor5.' amounL5 fallttlgdue within oney 12 {5,849) (51.886) Net ¢urr¢nt assets 67.428 56,732 Net I￿ets 82873 57879 Fund5'. Genernl funds Restricted funds 44.526 37.947 2,769 55.110 57179 Page 11 THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMENT'S REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2025 Company uumber: 3270753 Chari number 1063528 The ETr5mus Darwin Foundaiiott is a PTiYaie campany limitrd by gwArat)l¢¢ incwrdied in England ar Wale& The registered offJ¢e is DmÉn House. Bcacon StreeL Lichfiel4 Sthffordshire. WS13 7AD.' For the financial year¢nded 31 (kiobLY2025 the company wa5 enliiled ￿ ¢xcmption fr￿n audit under section 477 ofihe Companies A¢1 2(KI6 rElaiinE io companie& No rntmber5 have r¢quird th¢ company 10 an audit of its fjnancial s￿eMentS for the year in que5tiort in accordance wih seaion 476 of the ComrAnie5 Act 20(kn. The director5 acknowledge their resw)nsibilitie5 for ¢(Mnplying i¥ith the requimntnts of the Cotnpanie5 Aa 2(K>6 with re5peci lo accounung recon15 and the prewation orrinarKia] Aatement These fjnancial siatements have ken prepml in ￿)[dance with the provisionsapplicable to ¢ompani¢s whieh are subject io the small companies, re8im¢. The financial statements were approved aNI aulh(￿l7￿d for issue by the Board on 4 June 2026. The rK)les on pages 15 10 26 fonn ofthes¢ finat)¢1￿ statemenLS. Dr N A Cambridge TnJsi¢e Pag¢ 12 THE ERASMUS DARWIN FOUNDATION couNctL OF MANAGEIIIEKf?S REPORT AIYD ACCOUNTS FOR THE YEAR ENDED 31 ocfoBER 2025 Company number: 3270753 Chari number 1063528 STATEME￿[ OF MOVEMENTS ON RESERVES Year ended 31 (kiobcr 2025 2025 2025 Unre5trietol iic5trict Funds Funds 2024 Unrerri¢(ed Fund5 2024 No Funds At l N0vemF￿2024 as previously sta￿￿ 2.769 55.110 15.549 Adjusuneni rt Lichfield CJihLxlral l.uan 48.730 (48.7301 Reserves re-St&ttd 51A99 15J49 {tkficiiysurplu5year ende4 31 Oclobet 2￿25 {A973) 31567 (12,780) 43.5(6 At 31 O¢i•ber 2025 44J26 37,947 2,769 55,110 Page 13 THE ERASTrWS DARWIN FOUNDATION COUNCIL OF MANAGEMEKf's REPORT AND AccouNfs FOR THE YEAR ENDED 31 OCTOBER 202$ Coillpany number: 3270753 Chari number 1063528 STATEMEKf OF CASH FLOW Year ended 31 October2024 N￿¢$ 2025 2024 Cash louiflowyinflow fr￿n activitia5 13 Capital expenditure 10 {l8.7251 116J971 30.194 Nd c&th flow from opcrntin8 ¥tivitics {35.1221 30.194 Cash flow from invetting aL1iviti¢s Interest recetved 478 983 Nd cash flow from tnve5tiThB aaivÈtLes (34.6441 Net (decreaseyincre in ¢&sh and cash equiv￿￿ts {34.6441 31,177 C&sh and cash equivajents tffought forward JOI.754 70,577 Cash and cash equivalents carrted foThvard 67.110 101,754 C&8h and cash equivalertts CO￿ls1 of". ai bank and in hand 67.110 101.754 Cash and cash equivalents 8t 31 O¢tokn 2023 67.110 101,754 P4e 14 THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMENf's REPORT AND ACCOiINTS FOR THE YEAR ENDED 31 ocfoBER 2025 Comp*lly Dumber. 3270753 Chari number 1063528 NOTES FORMtNG PART OF THE FINANCIAL STATEMENTS. AecountlllE polkl¢s Th¢ occounttttg policies are summaristsl iK401I'. Th¢ xcounti￿ poli¢i¢s have been applicd Con￿stent[Y throughout the year and in the prtcedinE y¢ar& I.L BAgL% ofAceountlnK The Er&￿nu$ Darwin Found￿10￿ ISA dwitable comF4ny limited by guarantre. Ttystered in England ynd Wales. ltt the event of the ¢harity bein8 wwnd up, the liability in tEspe¢i of the guarante¢ is restrirled to £1 r membEr. The charity is a public ben¢fit enlily defined by FRS102. The ftnwKial sta*meThts have been prepared in accordaoce with AC￿￿￿tIng and Reporting by ThaTities.' Statrment of RecommeNled Prnctice applicgble to chariii¢5 pre￿ring th¢ir acwjnts in accordance with the Financial Re￿nINg Starhdard appli¢able in ihe UK and Republic of Ireland (FRS I￿21, the Chariiies Art 201 I. ￿ Comp*ki¢sAd 2006 and UtL g¢rscrally c¢p*d accounting Prnrti￿ ar4)liable from l January 2015. The rtnancial Aatements werAred on agoingcon¢trn basis under the hi￿1¢al e05t convention. The tinanLial 5tatL"niLnts are p￿Sen1￿ in sterling ithith is th¢ fimcti¢m2J Lurre￿cY ofihe Charity and rounded Ihe nearest pound. In preparing th¢ 4ccount& TnTrste&s have Wnsider￿ wheth¢r in 8￿Y￿nE $Cry￿ntIng p)liei¢s r4uiTed by FRS102 and Ih¢ Charitie5 SORP FRS 102 a resthternerrt of comwative items was nttded. No re5taiements were require5t aTrJ sKt realisable vabue. PaEe 16 THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMENf's REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2025 Cotnpany llumber: 3270753 Chari number 1063528 NOTES FORMING PART OF THE FINANCIAL STATEMENTS 1.6 ReteiY8ble$ pay*blts wltbln year Debiors and crcditors with *attsJ in*ffst ￿¢ ar¥J receivable or payable within one ytarare recorded at ¢rnDsaciion price. AThy lo￿ 8rising from impairnient art reco￿*S¢d in eX￿di(￿l￿. 1.7 Provtslon5 Provisions aTe Tecognised when the ¢harity has an obligation at the bal3[￿¢ shcet date as a Tesult of a past eveni. it is prd)able that outflow of economic bcnefits will be r￿ll1[ed in settletrtent and the amount can reliably estimatal. 1.8 Ewploy¢e beneflts The charity operate5 u Ikfined coD¢rihJiithi pension ￿hem¢ foT the benefit of all cinplovee& The assds of the SLhem¢ are held s¢paT*ly fTOlll thos¢ ofth LJwiLy ￿ an ind¢p¢nd¢nLly admhniAered Sbh¢mr. contribut10￿ pyable ts) the the are charged io the SOFA in the wi(Al ￿ which they r¢late. 1.9 Leu Renthls payable under 0(￿r￿]ng leos¢s 8re ¢horyl ￿ the SOFA on a straight linebasis ov¢r th¢ pertod of th¢ le&8e. 1.10 Txx The charity is considered to have p&wd the tests set ¢)ut in Paragtyh I Schaule 6 Finance Aet 2010 and therelore meets the definiLLon of &thwitable eompany lor UK ￿10t) tsx Plwses. .1 l Golng toncern The finaThcia] si(ili¥n¢Dts have b¢cn prepared on a going Ivt)bern basis ￿ ihe irnsices believe that no materi81 un¢enainiie5 exisL The trnwes have considered the Itvel of funds held and the expected level of income and exp¢ndiiure for 12 months from the authorization of these rinancial statements. The trustees consider that ihere is a rtasonable cxpeethtion that the Charity has adequate Tasources to continue in operational existence for the ftsTe5¢eable future. The Charity iherefore ¢ontsnues to oper*e thc goillg con¢¢rn basis preparing lis financial Statements. 1.12 Jud8emellts xttd kny uBetrt*inty There have bcen no judgemens (apan from those involving esiima¢esl made in the process of applying the above accounting txjlicies th* have had & $i8nificant e(fect on amoun rccognized in the rtnancial $￿eMents. There are no key ￿umptIonS ¢onc¢rntng the firture and other key of estimati¢)n ncenainiy at ihe reporting date that have a significarrt risk of rau5ing a ma￿18[ adjustment Page 17 THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMENT'S REPORT AND AccouNfs FOR THE YEAR ENDED 31 OCTOBER 2025 CtsmpAny number: 32707S3 Chari number 1063528 io the carrying amounts of assrfs and li8biliiies within the ncxE flnancial year. 1.13 Museum exhibits The Charity's exhibits arise from two main source5: those acquitoj from the Dean & Chawer. a￿1 other ￿hibits ￿qUI￿d with the help org1￿1 The exhibits 8Te c0Th5idered by the Trust¢es io be fabr reco8nition of the work of Er&smus l)arwiT4 and it is the Museum's genera] policy not ￿ add to or disKN)se ofLthibit8 unless io do so had the effeci of enhan¢ing the integrity of the col1c￿l0Th For this reason there have been no addiiions or dispth sitKe 2015. colle￿10n$ management Th¢ tru￿Ll%. PfiiMaN objeeiive is to 5afeguaThl atKI Ikvelop Ihe exhibits %b th￿ Ihtt, can iK made as acce55ible as p055ible. This obj¢ctiv¢ is delivered through [￿gra[[IM£S0(dl$pjaY& events, public&tion& websi￿. fieldworL re￿ dcrtumentati¢￿ and coll¢ction5 care. ObJ￿ts from the wlleaion c4n be either displayed in the museum and ott our websile, ot tnade available via loans to third p8rtie& Storage w)d Care The eollection is displayed and wed accL¥diDs inrernationd stsnda￿ for the prevention of material de*r]0￿10n. Library and archive s¢ordge fxilitifs ar￿ exhibitiorks are uwn and informa by the requirements of BS 5454 and The Natiooai Archives for Record RqMk8itorie& Documentation Exhibits are documented in aC￿rdanC¢ with Arts Council FA]gland wuirernet￿ and SPECTRUM. The Musetsm has secure tLtle to all ohiects in the ¢¥hibiis eollertion. holds daiaon every objeci 50 th81 li bc uniquely idenutied and th¢ wIl￿10ft Judi￿d regularly* atKi enyjres ]u*rd5 relating lo objeLXS in the collection are enhan￿j m*kavailabl¢ to wdierttswherc ar￿￿OPriat Inclusion of the exhibtts in the Balan￿ Sheet The colle￿￿onS are inc1￿Jed in th¢ ba]tnce sheet at original ￿st less depreciation. No atianpt h&s been ma& to rr-sthte ihe exhibtllotjs at vaLu&iort &5 it l5 COt)sid¢red that thii would b¢ a ti¥ne-consuming and subjeaive &xercise with little ¢ommerckal advantage. Page 18 THE ERAS￿lUs DARWIN FOUNDATION COUNCIL OF MANAGEMENT'S REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2025 Company Dumber: 3270753 Chari number 1063528 NOTES FORM￿￿ PART OF THE FINANCIAL STATEMENTS. 2025 2025 2025 2024 Funds To¢ai Intome from DottAtloDs *nd Gr*ttts Grdnts Local Authorities Donaiions 17J98 15,034 32.632 2.174 25,821 44.019 21.714 36.748 47.535 80.767 77.522 80,696 Principal Grant Providu5: To unrestricted fu￿1% Garfield Wcston FOund￿lon To rerricled fund5'. FrieNd5 of Darwin House Lichfield Conduii LandsTn]s Swinfen Broun Charitable Trust Ineome from charl￿ble Actfvitlu Adtnissions Book5 guides and souven￿5 Conirnct lettings ar￿ weddings Oihcr income Even￿ 21.480 3.774 10.026 287 15.0 21,480 3,774 10,026 ?87 15.098 25.6￿> 6,024 8.167 685 7,722 Inieresl receivable Reni receivcd 478 ioJ 10,978 478 IOJ(K) 10,978 983 4J75 5J58 Page 19 THE ERASMUS DARWIN FOUNDATION COUNCIL OF mANAGEmE￿'s REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2025 Cojnpany number: 3270753 Chgri number 1063528 NOTES FORMtNG PART OF THE FINANCIAL STATEMENTS. 5 Totil r¢sourcts expettdtd 2025 2024 Unr¢striaeA Rewided fi￿d$ Total Costs ol-Generaiin8 Voluntary Incom¢ Salarie5 14,Tn 14,777 I 1,887 Direct Charithble Expenditure Direa costs of sale Repwrs and maintCnonc¢ Cleaning Depre¢igLion 6J31 5,578 581 6.331 9,467 581 2.499 IV78 8,413 10,068 796 1,343 20h20 3.889 1,183 Sfj72 13W6 F￿ndraISing ¢05ts Advertising 544 120 Page 20 THE ERASMUS DARWIN FOUNDATION COUNCIL OF mANAGEmE￿r,S REPORT AND AccouNfs FOR THE YEAR ENDED 31 OCTOBER 2025 Company number: 3270753 Chari number 1063528 NOTES FORMfNG PART OF THE FINANCIAL STATEMENTS. Total r¢wurces exptNded 2025 2024 Unre5trictd R￿ErtC*d Funds fvnd5 Totyl Towl Management and Administration Salaries Pension Tr&ioin8 Rent Rate5 Heal. lighi and water PO$￿ge Ststionery and IT TelEphone Bank chprges Subs¢ripiions n$urar￿¢ 29J54 528 520 32519 138 IlJl8 2,384 1176 382 118 3,872 29.554 528 i20 32,519 138 IlJ18 2,493 2.176 382 23,775 507 27501 417 7,988 2.132 329 1.786 4591 70929 3,872 83ffj18 109 7 Council of MaD*e¢ment None of the Council of Matb6g¢ment (or any rKtsorts connth with them) re£eiv￿ any remuneratson durin8 the wiod. Page 21 THE ERASMUS DARWIN FOUNDATION COUNCIL OF LklANAGEMEKf's REPORT AND ACcOU￿s FOR THE YEAR EIYDED 31 OCTOBER 2025 Company number. 3270753 Chari Dumber 1063528 NOTES FORMtNG PART OF THE FNANCIAL STATEMENTS. 8 SIAff costs numlJeT5 Number ofemployees The overdge monthly twmberof employets dufingth¢ kKri¢xI w&5: 2025 Number 2024 Number ManageTnent Administration and sup[rt￿l Analysls of net *xsets bttwten Total Tangible fixed assets Curreni &%sets CurrL'ni liabiliiiL5 Nel asseis ai 31 O¥10￿r 2025 5,347 44.828 15.849) 44526 9.498 28.449 15,045 73.277 15,849) 8Z.473 37.947 Page 22 THE ERASMUS DARWIN FOUNDATJON COUNCIL OF MANAGEMENT'S REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2025 Company number. 32707S3 Chari number 1063528 NOTES FORMING PART OF THE FtNANCIAL STATEbAENrs. 10 T•ngibit flxed Assets Fixtures, fi¢iings & equipment 2025 Cost At l November 2024 AdditlODS At 31 October 2025 228,248 16,397 244,645 Depr¢ciaiion At l NovemFrtr 2024 Charge for the rKriod Al J l Octo￿r 20?4 227.101 2.499 219￿10 Net book value Ai 31 October 2025 15,045 Ai 31 Octoiw2023 1,147 11 Debtors 2024 Trdde dcbtors Other debior5 1.705 3J12 3,080 2,634 Page 23 THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMENT'S REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2025 Comp2ny nllmber: 3270753 Chari number 1063528 NOTES FORMING PART OF THE FINANCIAL STATEMENrs. Nrfe 2025 2024 12 Crtditors: amounts f8lllng due wlthtn OTr¢ ytxr Other C￿dI¢01S Loan fTDm Lichfield catheth￿ Previ￿slY WTillen off 5.849 3,156 48,730 51086 5149 13 Re¢oth¢lllatlon ofnet Inoome ts net ¢ash flow from operatI￿g activities 2025 2024 Net surplus Inierell receivcd Depreciaiion and impBimeni of fixed DecTea5eJ{in¢reasey in debtors DeeTease it) st(Kk (Dee￿&￿e￿in¢TCaS£ in ¢rry11t￿5 ¢&sh loutyinflow from activities 24,594 (478) 2.499 697 30,786 1983) 1.343 {2,04T) (46.037) 11&7251 295 30,194 14 Related parths There are no r¢la(td ￿)rt¥ trat)sactions. Page 24 THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMENf•s REPORT AND ACCOUNTS FOR THE YEAR ENDED 3J OCTOBER 2025 Company Jhumber. 3270753 Chari umber 1063528 NOTES FORMING PART OF THE FtNANCIAL STATEMENTS. 15 An•lysi4 of movem¢Dts restrfettd funds B¥lan¢e 1.11.2024 Incowe Exp¢llditure Balattce 31.10.Z024 Surgery refwbishment Lift renewal CCTV G8rden Fund to repay Lichfield Cath Siairc&8e refurbi5hmeDt Darwin Settus Edu¢8tion Curntori&l equiwi¢)It 162 (162) 17.5(KJ 6.520 1214 l7.5(N) 6,S20 230 1,270 (2,045) (48.1301 (1.6￿) (1,242) 1.061 50.( 1.696 10.458 9,216 1,8 1.8LK) 391 $5.110 1,020 36.712 (53875) 37,947 Bthnc* 1.11.2023 Expenditsr¢ B8iance 31.10.2024 Young Roois Proje¢1 Surg¢ry ￿rUrbI5￿m¢Tht Art Projecl Archway re￿ir Garden Fund ¢0 rqjay Li¢hfield Cathedrnl stairc￿ refurbi5hmen¢ EdU￿tIOn Curatorial equipment 1.695 325 479 4.5(X) 1,049 (1.695) {163} (4791 {4.5(K)) (613) 162 625 1,061 50,000 1.696 1,81K> 391 55.110 1.696 500 51.125 (I09) (7J59) Pd8e 23 THE ERASMUS DARWIN FOUNDATION COUNCIL OF MANAGEMENT'S REPORT AND ACCOUNfs FOR THE YEAR ENDED 31 ocfoBER 2025 Company number: 3270753 Chari number 1063528 16 Leue OpeEatinx iette-kssee Total minimum leDse pOyma￿ und¢r non- wKellabl¢ rq%ratin8 leasts art as follows.. 2025 2024 Withln on¢ y¢or 2-5 y¢ors Ovv S years 35.IXKI 144.000 684.000 33.000 143.000 720.orv) 17 from Lichfitkl C#¢h¢dr•l The Foundation had pr¢viously agr¢¢d with Li¢hfi¢ld Cath￿rat that any surn ¢¥)uld be paid tow)rds the of a Soan of £48,730 from the Cathedral if ev¢rsurplus fijnds were to ben)mc availablc to the Foundaiion. The loat) was writt¢n back to fjeneral Funds in 2007 •twJ describe44 in th¢ accounts &% Contin8ent Liability. but h¥$ now been rcctsgnised ￿ a liability in the balance sheet at 31 O¢tober 2024. tksThatiorts sufficient ￿ repay the1090 were made to the Fouthdatiott during the year ended 31 Othber 2024 the b)on was repAMI in full in Febnwy 2025. P88e 26