REGISTERED COMPANY NUMBER: 032891)93 ffjngland and Wales)
REcisfERED CHARITY NU.)IBER: 1064735
REPORT OF THE TRusfELS AND
UNAUDfrED FINANCIAL STATEI)IEKrs
FOR THE YEAR ENDED 31 DECEfvIBER 2024
FOR
THE liYfERNATIONAL FOUNDATION FOR ARTS &
CULTURE
lulbeny & Co
Chartered Certified Accountants
Easigate House
Dogflud Ivay
Farnham
Surrey
GU9 7UD

THE IIYTE1￿AT1ONAL FOUNDATION FOR ARTS &
CULTURE
coKrEKfs OF THE FINANCIAL sfATEMENrs
FOR THE YEAR ENDED 31 DECEII IBER 2024
Page
Report of the Tn
Independent Examiner's Rew)rt
Statement of Fin*Dcial Activities
Balanre Sheet
Iyoles lo the FillAncilll Ststements
7 to 11
Detailed Statement of Tringncial Artivities
12

THE INTERNATIONAL FOUNDATION FOR ARTS &
CULTURK
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees who are also directors of the charity for the purposes of ihe Companies Act 2006, present their report with
the financial statements of the charity for the year ended 31 December 2024. The tnjstees have adopted the provision5
of Accounting and Reporting by Charities: Sthtemenl of Recommended Practice 4>plicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
OBJEcfIvES AND AcfiviTIES
Objectives And aims
We review our aims. objectives and a￿1vIlleS each year. The review k￿kS al wh* we achieved iK)th in this charity
and its Sister charities. at international level. with common goals and the oulcomes of our work in the previous 12
months.
The review ILX)ks at the success of each key activty and the benefits ihey have brought to those groups or individuals
we are set up to help. The review also helps us ensure our aim. objeclives and activities remained focused on our
stated purposes.
We have referred to the guidance contained in the Charity Commission's generdl guidance on public benefit when
reviewing our aim and objectives and in planning our future activities. In particular. Ihe trustees consider how
planned activilies will contributc to the aims and objeclives ihey have seL As mentlDned in the Review pardgraph
below, Ihis has meant funding opportunilies in the year.
Public beneflt
Our main activities and who we ty lo help are dcscribed below. All our charitable activities focus on the
advancement of the education of the public in all foTmS of arts and cUl￿re. This may lake any or all of the following
forms:
The promolion of global cultural exchange
Supporting of the arts activities beyond the iK)undaries ofnaiion& languages and religions and
Assistance in the training of artists and musicians.
To achievc these goals. the Foundation pertodically undertakes a variety oifund raising cvents and activitie5. In
addition specific sponsorship is undertaken with regaTd to students in certain specialist colleges.
Pag¢ I

THE INTERNATIONAL FOUNDATION FOR ARTS &
CULTURE
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED31 DECEMBER 2024
ACHIEVEJMENTS AND PERFORMANCE
Charitsble activities
The Trustees continued to promote the aims of the charity in the year under review, projects being developed in the year
through the main benefactor to the charity, ils sisler charity IFAC Japan, in addition a contribution towards running
costs was received from this source. The charity acts in conjunction with its sister charities in Japan. Australia and
Arnerica.:
The Charity continued to provide SUPFK)rt for the following organisations:
The King'5 Foundation { fornierly The Prince's Foundation) and its work in the fields of art and ¢ultu
including its School of Traditional Art4 in fuifilment of IFAC'S commitment to donate USS 250.000 annually
over ten years commencing in July 2020.
The King's Foundation ( fomierly The Prince's Foundation) for work undertaken within its Architecture and
Heritage DepartmenL in fuifiImenS of IFACS further COTnmRtrnent to donate US$250.000 annually for ten years
commencing in August 2020.
As reported Previously owing to some delays on planned initiatives at ihe King's Foundation. some of the pledged
support h&s been delayed. However we are pleased to have donated £104.167 in support of arts and cultural activities al
the Foundation during the year.
FINANCIAL REVIEW
Principal funding sources
The ch#Tity's principal funding source is its sister charity IFAC Japan. bascd in Japan.
Reserves policy
The tNstees have revicwed the reserves of the charity.
This review encornpassed ihe nature ofthe In￿)me and cxpenditure stream4 the need to match variable income wilh
r￿ed commitments and the nature of the reserve4 particularly the unrestricted fund. The benefactor was aware of
the amounts left in reslricled rcscrves and suitable application will be made in due course of these funds so these
have been moved to unrestrlcted reserves.
The revieiv concluded that to alloiy the charity lo be managed efficicntly atMI to provide a buffer against Inten￿pting
ongoing commitmcnts as Nvell as new charitable projects. a gencrdl reserve needs to be maintained. As at 31
tkcember 2024 the unrcstricted reserve was £96,456 reflecting the prc5cnt level of activity. The level of reserve
will be reviewed regularly to ensure sufficient funding fn)m the principal benefactor.
srRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its goveming d(Kument. a deed of In￿, and conslitules a limit¢d company. limited by
guarantee. &$ defined by the Companies Act 2006.
Risk management
The t￿Stee$ have a duty lo identify and Teview ihe risks to which the charity is exposed and to ensure appropriate
controls are in place to provide Teasonable assurance agatnst fraud and error.
REFERENCE AND ADMINISTRATIVE DETAIIS
Registered Company number
03289093 (England and Wales)
Page 2

THE INTERNATIONAL FOUhI>ATION FOR ARTS &
REPORT OF TTtETRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Registered Charlty nnmber
1064735
Registered office
69-71 East SIT¢¢t
Epsom
Surrey
KT17 IBP
Trvsteo8
Sir T P IADkester
M Miyazaki (resigned 191112024)
B Scannell Director (appointed 191112024)
N C Patel Dirwtor (appoini¢d 191112024)
Company Secretary
N C Patel
Independent Examiner
MullKny & Co
Chartetcd Certified Accountants
EaLoate House
Dogflud Way
Surrey
GU9 7UD
This report has been wepared in accordance with the special provisi(￿S of Part 15 of the Compaaies Act 2(MJ6 T¢lating to
small compani
Approved by order ofthe board of trustees (ffl 21 Oclober 2025 and signed on its behaifby.
SirTP

INDEPENDEKf EXAIMINERIS REPORT TO THE TRusfELSOF
THE INTERNATIONAL FOUNDATION FOR ARTS &
CULTURE
d¢peDd¢o1 tx*min*$ report to tho tnLrtets ofThe kntern*ti¢bMI FoundaliDn ForArts & Culture Cthe Company,)
I rewJrt toth¢ chaTity trustees on my exatninalion of thexcowtsofthe C(MnpaDy forthe 31 D£cember 2024.
Reswfvllxibilitles *ttd b*sis of re￿rt
As the cbaritys trustecs of th¢ c£￿ (wd ￿ its direths for the of company law) you are le for the
Having ￿lYfied myself that the a¢LThmts of the Comp•ny ar¢ Awl r¢quml to be audited wmkr Part 16 of the 21)06 Act
are eligible for i[Mkp￿t I rqN)rt in rryert of my cxamiD*iOD of your dwitys ￿)Unts as c8ttied o
under Section 145 of th¢ Clwitics Act 2011 2011 Ace). In ¢wing my examijthtion l F4v¢ follovrtd the
given by the Clmtity Conunissicffl under Sect*)n 145(5) (b) ofthe 2011 A¢L
giving mc cau% to bcji
the (k) not ClKDply with the aLU)￿lIng wuirem•ts of s¢&*i(￿ 396 of the 20(hS Act other than w)y
reqtiirem￿t that the accourtts give a tn* aDJ fair view which is a maltrx w￿lder￿j as part of all independent
accord￿ with the Filw￿l￿1 Rqxwting st￿nd￿ awlithle in the UK Rwblic of [telat￿ (FRS 102)).
Mark Lester Mulbury BA (
cqts)FCCA CTA
Dogfiud Way
Farnham
SuNey
GU9 TUD

THE I￿ERNATIONAL FOUNDATION FOR ARTS &
CULTURE
srATE.11E￿ OF FLNANCIAL AcrtvTrtES
FOR THE YEAR ENDED 31 DECE,IIBER 2024
31.12.24
Total
funds
31.12.23
Total
funds
Unrestricted
fimd
Restricted
funds
Notes
tNCOI)IE AND END0%￿IElyfS FRO,M
Donations and leg&ies
104,167
104,167
222,166
EXPENDITIJRF ON
Charitable activities
Governance costs
Supporting of the culturdl activities
(40833)
(40.833)
104,167
(345}
204.595
104,167
Other
1.430
1,430
Totgl
(39A03)
104.167
64.764
204250
NET INCOhlE
39,403
39.403
17916
RF.CONCILIATtON OF FUNDS
Totsl funds brouoht forward
57,Ili3
57,053
39.137
TOTAL FUNDS CARRIED FORIVARD
96,4)6
96.456
57.053
The Mtes forni part of these fin2n¢ial statements

THE INfERNATIONAL FOUNDATION FOR ARTS &
CULTURE
BALANCE SHEET
31 DECEMBER 2024
31.12.24
Total
funds
31.12.23
Total
Unrestricted Restricted
Notes
CURREiYf ASSETS
tkbtors
84132
754J59
839,191
504.911
CREDITORS
Amounts falling due wilhin one year
11.624
(754J59)
(742.735)
(447,858)
NET CURREKf ASSETS
9fi456
9Q456
57.053
TOTAL A&SETS LESS CURREI
LIABILrriES
9&456
9&456
57,053
NET ASSETSIILIABILITILS)
96.456
96.456
57.053
FUNDS
Unrestrtcted fimds
9A456
57.053
TOTAL FUNDS
96,456
57.053
The ¢I￿ltable collwany is e￿1tkd to exemption from audit ￿)der Section 477 of the Compantes Act 2006 for the year ended
31 Decelltt￿r 2024.
The members have required the conipatry lo obtain an audit of its fllw)cial statements for the year ended
31 December 21Y24 iii accordance ivith Section 476 of the Companies Act 2006.
The trustees acknowledge their respo￿tb111tieS for
(a)
ensurlng that the clwitable company kceps accounting ttcords Il*t compty wtth Sections 386 and 387 of the
Companies Act 2006 and
preparllig financial stalements whith give a truc and fair view of the state of affairs of the charitable Company as at
the end of each financial year and of its sU￿lUS or deficit for each financial year ID accordance iyith the requirements
of Stttions 394 395 and which otheThVI￿ comply with the requirements of the Companies Act 2(X)6 relatiDg to
6nancial sL*ements. so far ￿ applicable to the charitable company.
(b)
Thcse financial ststements have beffl prepared in accordance with the provtsioL8 applicable to clwitable companies Subject
to the small companies regiDK.
The financial ststements were approved by the Board of TnL81ees and aulhorised for issue on 21 October 2025 and were
signed on its behalf by.
T P iAnkester. Tn￿tee
The notes forni part of these fin￿la1 statements

THE wfERliATIONAL FOUYDATION FOR ARTS &
CULTURE
NOTES TO THE FIJ'ANCIAL STATEMENtS
FOR THE YEAR ENDED 31 DECEIIIBER 2024
AccouKfiNG POLICIES
Basis of preparing tbe fmxncial statements
The financial statements of the chariiable company. which is a public benefit entity under FRS 102, have been
prepared in accordance ivith the Charities SORP (FRS 102) 'Accounting and R¢￿rtIllg by Charities." Statement of
Recommended Practice applicable to charities preparing their accounts in acconknce with the Ftnancial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Reportin"
Standard 102 The Financial Rew)rting Standard applicable in the UK and Republic of trelan(r and the Companies
Act 2006. The financial statements have been wepared utmler the historic21 cost convention.
Ineome
All income is tEco￿lSed in ihe Statement of Financial Activities once ihe charity has entitlement to the fimds, it is
probable that the income ivill k received and the amount can be measured reliably.
Eipenditurt
Liabilities are recognised &$ expenditure &8 s(x)n &8 there is a legal or co1￿]ve obligation covnmitting the charity
to that e.xpendilur4 it is probable that a transfer of economic benefits will be required in settlement and the amount
of the oblioaÉion can be measured reliably. Expenditure is accounted for on an accrua15 basis and has been classified
under heading5 that awgate all cost related to ihe category. Ivhere costs cannot be directly attributed io particular
headings they have been allocated to activities on a b&sis consistent with thc use of resources.
Tantion
The charity is exempt from cortK)rdtion tsx on its charttable activitie
Fund accounting
Unteslricled funds can ￿ used in accordance with the clwitsble objectives at the discretion of the tTUStee5.
Restricted funds can only be used for particular Te5tricted pUr[X￿ within the objects of the charity. Restriclions
arise ivhcn specified by the donor or when funds are raised for particular testricied purposes.
Further explanation of the nature and puryM)se ofeach fund is included in ihe notes to the financial slatements.
Foreign currencies
Assets and Ilabilities in foreign C41Trencie5 are trdnsiated into steTiing at the Tates of exchange ruling at the balance
sheet date. Transactions in forei￿ cutrencies are translated into sterling at the rnte of exchange ruling at the date of
transaction. Exchan- differences are taken tnto accounl in atTiving at th¢ operating result.
TRUSTEES, REITrlUNERATION AND BENEFITS
There were no tru5tC¢5' rerni]neTation OT other I￿erts for the year ended 31 December 2024 nor for the year ended
31 December 2023.
Trustees. expenses
There were no tmstees, expenses paid for the Y￿ ended 31 December 2024 nor for the yrdr ended
31 December 2023.
Page 7

THE bYfERNATIONAL FoU￿ATION FOR ARTS &
CULTURE
NOTFS TO THE FINANCIAL STATEfvIENtS- eoDtiDued
FOR THE YEAR ENDED 31 DECEMBER 2024
Co￿￿[PARATIV&s FOR THE STATEATrIENf OF FINANCIAL AcrtVlTIES
Unrestricted
Restricted
fimds
Total
YCOIMK ENDO1V￿IENTs FROM
t%)nations and legacies
20.(KKI
202,166
222.166
EXPEf*'DITURE ON
Ch4ritable arlivittes
CM>icrnancc costs
SuptK>rting of the cultural &Xivilies
1084
(2,429)
204.595
(345)
204.595
Total
NET tNCOITrlE
17.916
17,916
RECONCILIATIONI OF FUNDS
"I"otsl fimds brought foThvard
39.137
39.137
'IOTAL FUIYDS CARRIED FORIVARD
57.053
57.053
DEBTORS: ￿lo[lLyfS FALLING DUE WITHtN ONE I'EAR
31.12.24
31.12.23
Amounts held i%qih PLfvtL
839,191
504,911
"PF.ML' _ Pca Events Imanagcrncnt Limited holds fillids for the charity to a(hninistcr pavtncnts on its instriKtions
undcT agrccmcnt.
CREDftORS: IOUNfs FALLING DUE wrrHtN OINE YEAR
31.1224
31.122J
Other creditors
ACcn￿$ and def¢rted income
741,113
1,622
44?.568
5290
742,735
447.8)8
P￿￿e 8

THE ￿ERNATIONAL FOUNDATIOLY FOR ARTS &
CULTURE
NOTES TO THE FINAh'CIAL STATEfvIENfs- continued
FOR THE YEAR ENDED 31 DECEINIBER 2024
,IIOVE1¥IE￿ IN FUNDS
Net
movement
in funds
At
31.12.24
At 1.1.24
Unrestricted funds
Generdl fund
57,053
39,403
96A56
TOTAL FUNDS
57.053
39,403
96,456
Net movement in fund& included in the th)ve are &$ follows:
Incoming
resources
Resources
Movemenl
An ftmds
Unrestricted funds
Generdl fi￿d
39,403
39,403
Restricled funds
Thc KTrng's Foundation
104.167
(104,167)
TOTAL FUNDS
104.167
(64.764)
39,403
Comparatives for movement ill funds
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted funds
General fund
39.137
17.916
57,053
TOTAL FUNDS
39,137
17.916
57.053
Page 9

THE l￿fERNATIONAL FOUNDATION FOR ARTS &
'OTES TO THE FtNAI¥CIAL sfATEMEhTS- continued
FOR THE YEAR ENDED 31 DECEfvIBER 2024
IOVELMENr IN FUNDS- continued
Comparative net movement in fund% included in tbe alx)vc ate as folloiys:
Incoming
rcsources
Resources
expended
Movement
in thnds
Unrestrirted fvnds
General fund
20,000
<2,084)
17.916
Reslrieted funds
The King's Foundation
201166
(201166)
TOTAL FUNDS
2?2.166
(204,250)
17,916
A current yrar 12 monihs and prior year 12 fflonths combÈned wTrsition is &s follows:
Net
movctnent
in funds
At
Jl.12.24
At 1.1.23
Unrestricted funds
Gcncrdl fund
39.137
57J19
96,456
TOTAL FUNDS
39,137
57.319
96.456
A current year 12 months and prior year 12 months combined nct TtK)vement in fimds. included in the alx)ve are Is
follows:
Incoming
Resources
expended
Movement
in funds
Unrtstricted funds
General fund
20,000
57,319
Restrieted funqb
The Kino's Foundation
306.333
(306,)33)
TOTAL FUNDS
326J33
{269.014)
57,319
Page 10

THE INfERNATIONAL FOUNDATION FOR ARTS &
NOTES TO THE FINANCIAL STATEfvIEhYS- eontinued
FOR THE YEAR ENDED 31 DEcE￿]BER 2024
RELATED PARTY DISCU)SURES
There were no related paty trdnsactions for the year ended 31 December 2024.

THE INTERNATIONAL FOUNDATION FOR ARTS &
CULTURE
DETAILED STATEI)IENT OF FINANCIAL ACtivrriES
FOR THE YEAR ENDED 31 DECEIIIBER 21Y24
31.12.24
31.12.23
INCOIME AND ENDOIVhlEKtS
Donations xnd legacies
Donations
104.167
222,166
Total incoming resources
104.167
222,166
EXPENDfriiRE
Charitable activities
Kino's Foundalion
104.167
204.595
Support costs
Governanee costs
Accountancy and legal fees
Bank charges
Forcign Exchange (GainW)ss
1.430
2,007
85
(2.437}
(40033)
(39,403)
(345)
Total resources expended
6£L764
204,250
Net income
39,403
17.916
This page does not fomi part ofthe statutory financial stalements
Page 12