2024-03-31-accounts

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FINANCIAL STATEMENTsrrRUSTEE REPORT YEAR ENDED 31 MARCH 2024 Company Number . 03422207 Charity Number . 1068887

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE YEAR ENDED 31 MARCH 2024 CONTENTS PAGE GROUP AND COMPANY INFORMATION TRUSTEES, REPORT 2-12 FINANCIAL REVIEW 13 STATEMENT OF TRUSTEES, RESPONSIBILITIES 14 INDEPENDENT AUDITOR'S REPORT 15-18 CONSOLIDATED AND COMPANY STATEMENT OF FINANCIAL ACTIVITIES 19 CONSOLIDATED AND COMPANY SUMMARY INCOME AND EXPENDITURE ACCOUNT 20 CONSOUDATED BAIANCE SHEET 21 COMPANY BALANCE SHEET 22 STATEMENT OF CONSOLIDATED CASHFLOWS 23 NOTES TO THE FINANCIAL STATEMENTS 24-41

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TNstees W David Wareing. Chainnan Denr#5 Mendoros OBE DL Naz Z8man Donna Ho Neil Wèlsh Sarah Pickerll Raj Dev Management Rae Brooke Karen Morris Jufiet KnvJht James Proctor Charfty regk8t8red number 1068887 Company regl8t8red number 03422207 Regl&tered office.. Cornmunlty Foundatlons for Lancashlre arKI Mgr5QyStde rd Floor Siathy Bullylng 43 Hanov8r Streèt Lwerpool L13DN Banker8: Santand8r Brldlo Road BO0￿e L30 4GB Independent Audltor¥'. m11c￿ll Ch8rle8WOrth 5 Tempk Square Liverpool L2 5RH SOl￿tors.. Brabn8rs LLP Horton HouBe Ey£h8NJe Flag$ Llverpool L2 3YL Inve8tfnent Managers., Rathbonè8 Group plc (Ir￿rporatl￿g Investecl Port of Liverpool Bullding Pier Head LNerpoc4 L3 1NW CCLA Investment Management Ltd One knggl Lane LorKlon EC4R 3AB

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT The directors of the chartiabfe compary are Sts tnjstees for the purposes of charty law. The Trustees present Iheir repcxt and th8 a￿J￿e￿ fina￿la1 statements of the charity for th8 year eTrJed 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Prartke ISORPI "Accountlng and Reportlng by Charltles" in preparln8 the annual report and financial statements of thè charity. The financial 81atemenls have been prepared In 8cc¢rd8nce wtth the eccounling pokles set out in notes to the accounts and compty with th& charitls gov8ming document, t￿ Charltles Act 2011 and Accounting and ReportlrvJ by Charities.. Statement of Recommended Practice appkable to charilK8s preparing their accounts in accordance wth lh8 Financial Reportiw SlarKlard applicable in the UK Republic of Ireland published in October 2019.. The charity. CFLM, Ls con8tituted as a cornpany limlt8d by guarantee and not h8￿ng any share capital. The cornpary 15 reglslered kn Englar￿ and Wal88. number 03422207, and It8 pdncipal govemlng document is the company Memorandwn and Article8 of Association (as amended by speckql ￿$OlUtion on 4 December 2013 aNI fOrner￿ merged on 1 Apdl 2014). The charity also regsteTed wllh the Charlty Commisslon, number 1068887. Trustees and Senlor Staff The directors of thè Charitable company are Its Iwslees for the pwposes of charity bw. The persons who have acted as Trustees during the ye8r were.. W D Wareing. Chalrman A Myers. Vke ChaSr (reslgned 2 November 20231 C Wardale, Trea$ureT {re8igned 2 May 2024) A Roberts (re5b3ned 2 November 2023) D Mendoros 08E DL C Blls8 Ir881gned 2 Novamber 2023) A Meachln {re8lgn8d 21 December 20231 N Zaman D Ho￿tt N Welsh S Plckerfll lappolnled 2 November 20231 R Dav (appointed 2 Novémber 20231 The sen)r management team (SMTI during the yèar ware.. R 8rooke. Ch￿f Executive Officer K Morris, Development DSrector J Knlghl, FSn8rt8 Dirgctor J Proctor. Programme Direcic Summary of our Purpose & Aims The Community Foundaliorts for Lanc88hire & M8r8eysid8 operate as one indeperKlenl registeod charty aTrJ are part of a UK and intgmational movement of Community foundations that distribute communty fUThJ￿g, including via granl-making, facllttalhg and 8dministerlny Lyjmmunlty phllanthropy, and cortsbutlng to achIe￿ng p0s￿l¥e social chary 88 IcKal commU￿Y leaders. Our VisKJn is to enrich the fves of people in and around L8ncashire and MerseysKJe and Ihrough them create unlted. Ihrfving and prosperous communities. Our Misslon is to Irwest fundlng slralegicaly under charty bw that meets the need8 of Ioc81 ￿MMun￿les, placing us as the charity of Ghoice for pliPanlhropi%ts and fundry pa￿r8, and the primary fun(ler for areas, Social sector Our Strategy is to understsnd the needs of loc£1 communitles ar¥J those wlK> care about those ￿MMunItIeS (Phli anttwopists. HNWIS. faMil￿s, trusls. public I private I third sector orgallisationsl to create partn8rships to ertsure that needs Df both are mel, growng stronger coMmunit￿S 10gett￿r. Wa brirnJ together indlvhj￿s. famihes, foundations, and businesses to buikl better communitps and make a differerKe. Our Theory of Change Is: "We he￿ indiwduo18 a￿1 organiSat￿n5 9T￿ lo causes that matter lo t￿rn. whore there is most need ond ￿ere li will h8ve greatest Impact. Enrfching Ioc81 people's fives arKI supportlng the creath)n of unit8d, prosp8rous and thri￿ng communibes." Our Valuos are: Prije. Transparerw. Worklng Together arKI Community Leadershlp.

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT 202312024 Annual Revlew Introduction Community Foundatlon funding distrlbutlon has taken plac8 in Mer5eyslde since 1999 and In Lancashlre since 2007, Investing in total over £71.5 rnillion in ovér 16.000 grants to voluntary and communlty groups durfng that tirne across Lancashire and Merseyside to support communities to be prosperous and thriving. Overvlow of 202312024 In awarding grants from 55 dlfferènt funds and foundatlons during the ye8r we dlstributed over £3.24m. This Included 512 grants to comrnunlty groups and individuals across Lancashire and Mer8eysid8. as well as grants to 23 groups outside of our rggions. Our loinl endowment fund stood at £21.3m by March 2024, having begun 8ndowment bullding in 2007 with around £130,IX)O. We admlnlstered 55 funds and foundatbons In 2023124. worklng In collaboratlon with phllanthropl8ts, famllles, tru8ts and companies who are committed lo irnproving local lives. This work included edministering 13 funds in Lancashire. 38 funds in Merseyslde, 3 that covered both L8ncashire and Merseyside and I which also included areas In the rest of th6 UK, This includes the funds of the John Goore Charity which CFLM administrate and audit as 8 corporate trustee. This 8ndowment Investrnent Is a slgnificanl ccntrlbutor to our sustainabllity as well as ensuring community 18gacy In Lancashire and Mer8eyside for future generations. Other Slgnlflcant Events In 202312024 Challenglng year for endowmont bulldlng wlth upllft in flow through fundlng Endowment building achieved the minimum largat this year of over £400k, with main contributors bèing Marsden Building Society. Liverpool Ladies Institute and Liverpool ONE. Endowment building continues to be a challenge although In our current pipellne a polentlal slgnfflcant trust transfer of £25m has advanced and18 looklng incredibly encouraging. Flow through funding In contrast h8s seen an incr8ase this year from £2.8m to £3.2m. Major contributors 8re'. Know Your Neighbourhood Fund £586,222 (Publlc Seclor) NHS Community Partnershlp £347,464 (Captain Tom charitable donation) Football For Change £288.805 {Charitable partnership initiative) Llverpool ONE £241,998 (Corpor8ta> A new flow through fund, LF Foundatlon, has been established to focus on St Helèns and surrounding areas. The Fredmill Trust has bggun working wlth us to support the Women's Fund 8cro5s LanGashire and Merseyslde. Gosl of Ilmng orisis has continued to be a major focus this y8ar. In order to assist front line group5 SUPPOrting disadvantaged communitie5 W9 have infiuenc9d donors to be fle￿ble in contributions to group core costs and multi- year funding of projects.

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT Profile and PR CFLM have attended a high volume of events throughout the year, the notable ones being: Merseyside Women of the Year Awards, NW Family Business Awards, Football for Change fundraisers, Red Rose Awaftls, EVAS, Professional Liverpool. Saffron networking events including Diwali, UCLAN and East Lancs Chamber events. The Football for Change events have resulted in significant profile raising for CFLM due to the support of sports and music celebriti8s and the PR that comes as a resull of that. Amanda Park8r, the new Lord Lleutenant of Lancashlre. taklng the ￿18 of our Presldant In Lancashlre and our nevAy appolnt8d Trustees (Ruj Dev and Sarah Pickerill) plus the appointment of TIM Mitchell as new CFL Senior Business Development Manager were featured in the Lancashire Busine85 View and East Lancs Chamber newsletters. Our Patron Cherie Blair supported our profile raising at the Merseyside Women of the Year AvRrds by participating in an interview with CFLM CEO which resulted in significant online coverage. Addltional Polnts to noto durlng tho year Dovelopment of Lancashlre Invo8tor8 In Communlty - The fonner High Sheriff of Lancashire and current Chairman of Booths supermarkets, Edwin Booth CBE DL, has charnpioned CFLM wth the Lancashire Investors In Community initiative to support CFLM core costs and growth plans. 24 businesses were Investing in LIIC by the end of 2024 financ￿81 year. Tim Milchell continues to build support for the initiative in the early stages of hi8 appointment. 15 Year Mll•8ton•8 Both Liverpool ONE and 23 Foundation marked 15 years of working wryth CFLM. Llverpool ONE held an w4ent at Hope St Hot81 and Jamle Carragher partlcipated In a vldeo. bDth reflectlng on the impact of the jolnt partnership with CFLM. Our Partn•rshlp$ a$ a Catalyst for Change We admlnlsterad 55 funds and foundations in 2023124, wA)rking in collaboration with philanthroplsts, famllies, trusts anrj Gompanies who are committed to Improving local Ilves. Thls work Included admlnistering 13 funds in Lancashire, 38 funds in Merseyside. 3 that covered both Lancashire and Merseyside and 1 bthiGh also induded 8r8as in the rest of th8 UK. As an enabler for private change, we strive to support thos8 who choose to work with us to be effective in their giving and to have the greatest impact. We thank all our partner5 who work with us collaboralively each year for and with communities.

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT Working wlth Philanthroplsts and thelr Families We continue to work with many business leaders with connections in the North West, facilitating théir local giving for communlties, Includlng Sir Mlchael Blbby and Sir Terry Leahy. We also work closely with a number of families such as the McQuéen family for The Mark McQueen Foundation. the Barnett famlly for the OllvS8 Rae Foundation, the Webster famlly for the Chri5tal Foundation, the Syke&rreasdBle family for the Blue Sky Foundation and the Lancaster fomily for the Lancaster Foundation. Worklng wlth Trusts & Foundations Trusts and Foundations who work with us includ8 the 23 Foundation, Football for Change Foundation, John Goore Chadty, Lancaster Foundation, WO Street Foundation and the Westmin$t8r Foundatlon. Working wlth Companle8 Liverpool ONE Foundation remains the biggest corporate foundation held with CFLM. AI 31 March 2024 the value of this fund was £2,910,335. CFLM contlnued Ih8lr annual work wlth North & W8Stem Lanca8hlr8 Chamber of Comrnerce on th8 B8 Insplred Business Awards Foundation, linked lo the Be Inspired Business Awards to recogni$e good corporate citizenship In the county and 5UPPOrt local communlty work and enlerprfse. We thank all the companies that choose lo work In collaboratlon with us to support the Gommunltles In whlch they do business, including Hill Dickinson. Rathbonés, Liverpool ONE, Evelyn Partners, FPC, Momentum Group and Marsden Bullding Society. The support of our Lancashire Investors In Community is also much appreciated and include: Booths, UU, MarBden Bullding Soclety, Brow8holm8 Hall, CKS Caterlng Equipment, Dewlay, DSM AccountantB. Harrison Drury, J8mès Hall & Co Ltd, MHA Moore and Smalley, Nybble Ltd, Panaz, Stsr Tissue UK, Workhouse. Backhouse Jon8s Sollcltors, Envirosystems UK Ltd, Norl HR, Business Ne￿ork. UCLAN, Porsche Centre Preston, Essenlialise Workplace Wellbeing Ltd, Fortvale, IOT Horizon Unlocklng Dormant and Inactlve Trusts Our work In th18 area contlnues with the backlng of the Charfty Commlssion as a pr8-approved admlnistratlon option for trusts and foundations that are in8Ctive. Ineffective or dormsnl. Working wlth New Donors and Fund Holders The Charity Commission's endor59Tnent of communlty foundations as an altemative to ragistering a charity provides a welcomed endorsement of our work locally and as a UK network of 47 community foundalions. The Charity Commission slates that "this saves the time and effort of setting up and running a charity then closing it once the original need has b8en mel. Dependlng on the charity, you can say wher8 you wanl the money to go." Our approach to income generation and fund development to bring on board new fund holders involves worklng with e%istsng and new donors within Lancashire and Merseyside who a￿ committed to our Ioc81 communities. Via research, project vlslts, rneeting5, events end community funding distrfbutlon we have built valuable relatlonships. W8 secure publlc sector funding prograrnmes via tend8r or pitch processes, in Ilne with their requirements and policies for tha distribution of public funds. We secure contracts to be regional or local agents of fundlng programm8s vla our urnbr8lla body, UK Community Foundations as Quality Accredited Community Foundations. We thank all those people and organi5atlons who have committed to donating and working with us, especially in building endowment funds with us, for current and future generations of communities.

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT Our Investment in Communlties We supported charities, community groups, social enterprises, vulnerdble individuals and households in need to improve the lives of local people across a variety of social themes. The 460A success rale for applicatlon5 in 2023124 was lower than the previous year of 57%. A breakdown of our overall funding approved for distribution to communits'es is outlined below. Total Fundlng Lancashire and Merseyslde and other: £3.2m 46 10 of appllcation5 were approved and of the SucCe￿ful awards.. 99 grants wEre distributed In Lancashlre 413 grants were distribLrted in Merseyside 23 grants were distributed across the rest of the UK Avernge Award Slze Average Av￿rd Size.. £6.446 Lancashire: £15,641 Mer88ysida: £4,488 Other. £2,018 Fundlng For Lancashire Funding was distribuled in Lancashire In 2023124 vla 99 awards to community organisations. Our average award slze was £15,641, whlch Is an Increase on 2022123 average grant slze of £11,994. Funding For Merseyside Fundlng for Merseyslde In 2023124 was dlstributed to communltlgs vla 413 av￿rds. Our average award size was £4,488 which was an increase on 2022123 average grant size of £4.417. We dlstributed 23 awards In 2023124 outside of our typical Lancashire and Merseyside area. This was due to our v￿)rk with donors who wshed to support V￿rk in specifiG areas of the country in addition to their grant-making in Lancashire andlor Merseyside Our Community Leadershlp We are committed to our strategic view to understand the needs of local communities and donors and, by creating partnerships and involving donors, ensure that these needs are rnet via a social tharvJe agenda. Our community knowledge is increasing in its importance and further informs many aspects of our work. Our research. highlighting community concerns and priorities, plus our community visit programme and consultation ajntinues to guide giving and our grant-making in LancaShI￿ and Merseyside.

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT Our Governance The merger of Community Foundation for Lancashire and Community Foundation for Merseyside in April 2014 was a slgnificant mllestone. Th15 merger contlnues to reap the boneflts of 8fflclencles. Our Board since the merger is clearfy defin8d in the following ways.. A thlrd representing Lancashire., A third representing Merseyside., A thlrd made up of speciallsts. such ag legal. HR flnance and grant-maklng. Vla thls approach wrftt8n into our governlng document we are able to Ma￿mISe our reach, repre8entstlon, 8xpertise and influence across Lancashire and Mersey8ide. Our Board adopts 8 business approach In a charitsble cont8Xt to ensure CFLM is on a sustainable pethw8y and is flt-for-purpos8 In an ever-changlng economlc and poll¢y landscape. Our Flnanclal Management & Growth CFLM for the 58cond year operated with majority public funds, compared to majority prfvate funds in the year8 before 2020121. Th8 surplus for the year ended 31 March 2024 continued to ensur8 that we ar8 breaking even over a thr80 year p8rf0(l. From our current £21.3 rnllllon endowmerrt funds held. our ambltlon18 to rgach £24 mSlllon by 2025 and £37 rnillion by 2030 for full susl8inability. Our endowm8nl funds have been impacted by ongoing Worfd events: and Ihe recovery of the funds conllnues to be slow. We plan for the exce85 re88rves to be Invested prlmarily in our growth and for organi5alion81 improvements as finances allow. Our Oryani8atlonal Development CFLM operates in an aver changinp economic and political18ndscape. Due to this we work proactively to b8 rrt for purpose and re18vant to our communltles In Lancashire and Merseyslde. CFLM h88 dov8loped in w8y8 to allow It to operate switching between majority private and majority public funding. Our organisats'on815tnJcture consists of 14 staff (approx. 13 fv11-time equivalents), working across Ihe function8 of Programme8 (5), Financ8 and Operations (3), Business Development and L8adership16) The commitment and passion of our Staff te8m is hugely valued a5 deliver our growth, community leadership and legacy agenda. The Senior Management Team comprises of the Chief Executive, Development Director and Finance Director and Dirgctor of Programs. Remun8ration levels are set according to salary bands which have been bonchmarked by reference to other cornmunity foundations within the UK Community Foundation ne￿Ork. Annual perfomance objéctives are set by reference to key perfomiancè Indlcators agreed by the Board.

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT Key Partnerships CFLM have 'norHlorK)rf ￿latIOnShipS with mary key players. Ey2mples inclLKle local bor￿gh arKI district authorities, central Govemment arxl local buslress groups, incbJdlrwJ Knowsley Chamber of Commerce, North & Westem Lancashire Chambèr of Comm8rce the Liverp￿1 City R8gion Combined Authority. Also included are our profession81 advisors Brabners, CCLA, Raihlx)nes, Parker Kelly and Mitchell Chartesworth who have al been appointed due to thelr expertlse, (x)mmitment to phllanthropy or corpM)rat6 social r8sponsibilty arma beirvJ based In tho region. Nationally we work with and are supported by our membership organisation. UK Communlty FourKlatlons and exchange best practKe with coNeagues In the nebhtor Our Patron, Presld•nt, Ambassadors and Volunta•rs Th8 Board arKI Exec particularfy wi8h to note their appreciation for th8 SUPPOrt of the Community FourKJation for MerseyBide's Patron, Cherie Blair and our Presidents, Amanda Parker. the Lord LieuienBnl of Lar￿ashIre and Mark Blurbjell. the Lord Lieutenant of Merseyside. for their continued commitment to the work of the charity. We wish to thank Edwin Booth {CBE, DL, Executive Chairnian at EH Booth & Co Ltd), Moira O'shaunessy (Managing Partn8r, FPC). Blpln Patel (Dlrector, Guld8 Securfty> and Ram Gupta (CEO, Nybble) for th8lr contirMJ8d support of CFLM. They have been Ambassadors of our work and facilitated our growth vla their investment of time end network connections. We are grateftA for the contributlon made by volunteers who are champlons and ambassadors for our work, including panel m8mbar8 who recommerMJ our communiiy fundiro distribution. All of our pan81 volunle8rs are Inducted 8rvJ trained, 8nd generally contrfbule up to four or flve days a year to the organlsatlon to help ￿ to distribute fundiro effectlv81y to communiues. Th8ir contrtiution of knowledge and expertise is hugety valued in the Suc￿sS of our community investment and in tenns of er6uring local kno￿edge and accountabiltiy. A special ackrK)wledgement to Mark O'shaunessy who has supported us wtth the gatherlng of communlty intelllgence and insight via vislting groups across Lancashira and M8f86ySKIe. Our Donatlons In4<1nd CFLM has been afford￿ use of an office by Lrverpool ONE the Westsninster Fund at 3rd Fl¢)or Stsrley BuildirKJ, 43 Hanover Street, Liv8rpool on an in-kind basis as our main office for Ythich we are grateful. Plannlng for 2024125 onwards Our aimB for 2024125 include the foilowing KPls.' achieve a r8turn on investments on a 5% retum basis. growing our entlowment furmj by al least £1m a year arml arnbitious￿ £2 million a year, improNllng our use of our digital capabillty aThJ diversty'rwJ our community fundlng optlons to meet social needs. Our Strategic ObjectiV8s in 2023124- 2024125 will be.. We WIN be infonned by our communty knowledge. We will enab18 social change in our communities es their bxal community fourKlation; We will grow philanthropy arKI charitable gNing for Lan¢ashire and Merseyside communities: We VAII continu8 to operats on a sustalnable pathway: We will continug to be a professional, credible arKI valued charitab18 entiiy,. We will work together with others for our communities arKI our network. We will monitor our progress quarterfy during 2024125 against an annual plan and KPIS and our three year stratsgic alms in a new economic and polltical envlronment, beirg informed and drNen by our communty knO￿edge.

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT Overview of our Governance & Operations The Objects of our Charlty Th8 objects of our Gharity, as s8t OLrt in the CFLM Memorandurn and Artic18s of Association. are the promotion of any charitable purpose5 for the beneflt of the communlty in the Unlted Kingdom but primarity wlthin the following areas: The five Metropolitan Boroughs presently constitutlng the area of the County of Mersey8ide narnely the City of Liverpool and th8 Metropolitan Boroughs of Wirral. Sefton. Knowsley and St Helens tog8th8r with th8 area of Haiton Borough Council: The County of Lancashire and the BoroLwJhs of Blackburn with Darwen and Blackpool. Slgnlflcant Activitles The maln area of our charitable actlvlty is th8 awardlng of charltable fundlng wlthln the local communty. Thls is achieved by raising donations from private, public charitable sources and redistributing them {or the income they generate in the c85e of invested or endowed fund5) as constructive gr8nts to the local cornrrunity, according io the donors, wish88. The charity has relatlvaly little unrestrlcted ir￿orne that it can use for grant-makSng. The Board Th8 Board d8legateB responsibility for the day-ttkday operational management of the organlzation to the Chief Executive. CFLM is run by a Board of Truste88 which is responsible for setting tho stra18gic direction of the organisation, for establlshlng pollcy and for maintalnlng proper govemance. It meets quarterly and comprlses representatives of andlor ejperts in the privatg, public and voluntary sectors. Average trust88 attendance is 850A-90Yo Wlth absences lypically due to holidaylsickness. All trustees have job descriptions and person gpecifications. The Board dalegates responsibilty to sU￿¢0MMIttee$, rf r•quired due to the Community Foundations. need. Trustee Recruitment, Appointment and Development Th8 trustees are normally appolnted by the members of the company and up lo one-third of the trustees will normally r8tire each year and be eligible for re-eleCt￿n at the Annual General Meeting. Truste8s can seNe two terms of three years wlth re-election for each term and a third three year term if there is a case for the organlsation's bu51ness plans. No places on the board are re8enMI for specific individuals or repre59ntatiV8s of particular organiryations,. detailed procedures em in place for the nomination and appointrnent of trustees. Annually the Board assesses the e>pertise and skills within the 8oard membership and proactively recruits new trustees wtth specific experience to ensure a full complement of expertise and skills In order to govern the charty and deliver our charitable objectives for public benefit. AJI new trustees are given an induction session by the Chaiman and Chief Executlve to explain the operation of the charfty. Regular tralning and tallored up4ates for Irustees tske place to update them and to ensure they are fuly engaged with the work of the Communty Foundations.

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT Our Publlc Benefit Th8 trLtstees confimi that th8y have referred to th8 guidance cnntained in the Charity Commissron's general guidance on public benefrt when revlewing the charit￿S alms and objectlves and in planning its future activitles. The charitys public benefrt is assess8d on an annual basis by the Board arKI staff to ensure we ar8 continually improvir our perfomience 8g8irtst our Charitab￿ objects, vlslon, mlssion and strateglc soc181 aims. The charity benefits the public by securing income for charitab18 programmes and funds administ8r8d by us from publlc and pr￿te sector, and then di5trlbuting this In collaboratlon with those funders and donor5 as charfiable funding to support charitable activities in communiti8s as a charitable intermediary. Funding programm88 and funds are established, developed, decided upon and monitored in line with the social needs and aspirations of the local communitie8 we 59rve which are identified by local communty leadgrs. Subject experts or local donors as wel as social intelligence, data, research and community consjltstions. Funding 18 u8ed towards (but not restrict8d to) the following purp0888, provided that In each ca8e. the purpose 16 recognised Bs being charitable according ta the law of EnglarKI arKI Wales: The prevention or rel￿f of povety,. The advancement of educatk)n', The advancement of health or the of live5; The advancement of cltlzen5hlp or communlty devek)pment, whlch includes: rural or urban regeneratlon and the promotion of civic responsibilty, volunteering. the voluntary sector or the eff8ctivenes8 or efflclency of ch8ritles' The advancement of arts, culture, h8ritag8 or sci8nce', The advancement of amateur sport; racial harmony. or equalty and diverslty, The advartement of environmental protection or improvemenl: Th8 relief of those In need by reason of youth, age,111-he8ith, dlsabillty. financial hardshlp or other disadvanlag8', The promotlon of the effklency of the armed forces of the Crown: pollce,. flre arKI rescue seDAces: or 8mtKAanca services. Furn4lng is not to bè u59d to support the folowirg: The advancement of religion., The advancement of polltlcal b811efs or paty politics: Aciivilies understood to be the exclusive responsibility of Staluiory authorities. RetroBpective funding (i.e. paying for costs incurred b8fore a decision on an application to CFLM for support can be made). The funding of any publlo or prfvate sector compensatlon and l or mttlgatlon. The policy of the chanty is to award furwjirvj to irL1ivrduals and organisations that have made a fomal application for grant, that fulfil the requirements of the relevant programme or fund and whith have the necessary systems in place to admlnlster a grant. All fundir¥J applicatiorts are subject to a fO￿nal appraisal by our staff before being presented to the local grant panel. or the donor, for a ￿cOMMendat￿)n. A scoring system and process is used to guide dedslons. All pan81 or donor recommendatlons are ratified by the CFLM'S senlor staff or trustees prior to any offèr being made. Fundiro distributed is reported quarterly to the Board by fund, locality and ￿Cial theme. Before any funding is distributed, we carefully and thoroLwJhly assvss the charitable arnl public benefts of the proposed aci1v￿les. The impact of our community funding is then r8FQrted to fuThJers, donor5, Stakeholders, staff and th8 Board as a measurement of the social impact achiev8d. 10

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT Investment Powers The Chariws Investment Powers ere pre￿ribed in its Memorandum and Artides of Association. The Board of Trustees has approved a document called 'Policies on Fund Management and Financial Control,, relating to the management of all of Its funds and which includes the strategles for the investment of Its endowment fund. The purpos8 of investment in the endowm8nt fund is to generate a sustainable income for grant-making and meeting Tunnlng costs. Th8 organisation has appointed professional investment managers to manage the endowment. During th8 year these wefe managed by CCLA and Investec. As approved by Board and folowing a terKler process, effective 1 October 2017 investm8nts are to b8 managed by CCLA for public sector funds and charitabl8 trust transfers, and Inve8tec for corporate and individual endowment donations. Investrnent perfomance targets are Issued annualy to Investment managers., wlthin a framework of m8lntalning a low to medium risk porffollo. inv88tm8nt perfomance is measur8d by the board and finance committ88. Each manager is required to maintain a diversrfied portlolio, with focus on UK and overseas equities, debt instruments and cash; Investment in derivallves or "hedge funds. Is mt permltted w6thout the express C£fy￿ent of truste8S. Invesimenl performance is monitored by the board on a quarterly basis. using benchmark8 such as the FT All Stocks Govemment Index, the FT All Share IrKJeK the FT World IrKlex (exduding UK) and th8 IPD Index as well as a omparison of the current investment managers, p8rfomiance with oth8rs in the field. Investment perfomiance is reported to Board on a querterty basis and rewewed annualty. For the Community First Endowment Challeng8 from 2012 2015 CCL4 manages the funds b888d on an Investment policy agreed by our UK umbrella organlsation, UKCFS wlth approval from our Board. AllhoLvJh not classrfied a8 permanently endowed funds, CCLA manage funds under a total r8tum policy. calculating the irKlexed value of initial donation on an annual b8sbs and enabling withdrawal of SurpIL￿ over and above this figure to supplem8nt income received during the y8ar. This method of calculation has b8en applied since comm8ncem8nt of the programme 80 can be precisely c81culated by CCL4. During the previous year. CFLM began to conduct a review of tha Ethical Profile of our Inv8Stment portfolios with our Investmenl Managers. Each Trustee and member of the SMT were InvSted lo complete the survey to establish whethar any adjustment needed to be made to where our portlolios sat. This process is Still in progress. Our Rlsk Revlews Our Board of Trustees undertakes a ￿gUlar review of the rksks that the organisation faces., these are published in a fomial Organlsallonal Risk Register and are reported in a Charfty Commission advised 'heat map, format quarterly to Board. All risks identwled were add￿SSed and mitigated as far as posslble during 2023124 arKI looklng ahead, no identified risks remain unaddressed. Th8 Risk Assessment is subject to formal annual review and update by the trustees, with interim moniioring on 8 quarterty baFis by the senior staff team. The organisalion also Uses 8 traffic light System to monitor and measure progress against a sèt of key organi5ational targets. Progress against targ8t is assessed by the staff team on a monthty basis a￿1 reported to the Board on 8 quarterfy basis, using a delivery forecast system. 11

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES. REPORT Our Reserves Policy Our Board has contlnued to endeavour to bulld and malntsln a level of reserves approprfate to its comm￿mentS over th8 comirvJ years. However. it is keen to ma￿Mise its chantable objectivès and public benefit. The Board cl￿tinueS to strive to ensure that ￿selveS of six month5 running costs a￿ hekj at any time as per our policy, in line with the Charity Commi88ion's guidance. Current Ir88 gen8ral res8rves at the year and of £784,297 are sufficienl to cover YO months of budgeted costs for 2024125. CFLM has builijoint reserves as per the policy and covered the budget deficit and cor8 costs jointly as appropriate for suslalnability, especlally investm8nt In our community impact. Any r8serves held above the six month policy level are linked to a ReseNes Spending Plan. regularfy reviewed and approved by Board to support CFLM'S development and sustsinabllty, Our Audltor In accordance with the Companls articles, a re801utron proposlng that Mitchell Charfesworth be reappointed as audltor of the company wlll be put at the AGM. Small Company Th15 reFKIrt hBs been prepared In eccordance wlth provlsions wlthln Part 15 of the Companles Act 20D6 as they relate to small compani98. In approving the Trustee8' Annual Report, we also approve the Strategic R8POrt induded therein, in our capacity as company dlredors. By Order of the Board Wllllam D Warnlng Chalr 05 December 2024 12

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Funding The Trustees are committed to seeking funding from a wide range of sources, ensuring that income streams are dlversified and CFLM is not overly reliant on any slngle source of fundlng. Flnanclal Ststements The financial statements have been prepared in accordance with the Companies Act 2006. Charities Act 2011 and FRS102 and comply with the Charities Stalement of Recommended Practice on Accounting. The movement in funds is shovffl on the Consolidated Statement of Financial Activities. CFLM realised a surplus in ils unrestricted funds of £69,420 (2023.. surplus £19,756). CFLM'S total funds (unrestricted funds, restricted immediate impact funds and restricted endowment funds) amounted to £24.386,489 at 31 March 2024 (2023: £22,261,051). The Trustees have passed a total retum resolutlon for pemanent endowTnents more infomiation is included in note 13. Reserves Pollcy Th8 reserves of CFLM are composed of restricted and unrestricted funds. These funds 8re maintained at sufficiant level In order to allow the smooth opèration of our activities. Unrestricted Resenrfes: The Trustees are committed to building up general reserves to ensure that the core activities of CFLM wll continue into the future. The target is lo have a minimum of six months, core c051s In unrestricted reserves - based on our 2024125 budget this w?uld amount to £462,276. The free generdl reserves of the Foundatlon (our unrestrlcted reserves less our fixed assets) at 31 March 2024 amount to £784.297 {2023.' £778,610). Any surplus is invested. Reslricted Reserves.. The restricled funds at the year end were either held in the form of cash in bank accounts or investments. Details of investments held are shown in note 13. The current level of restricted funds, and lh8 ongolng funding arrangements relating to those funds, is sufficlent to maintaln the speciflc projects they relate to. Invostments Policy Investment policy is reviewed annually by the finance and risk committee and board. in conjunctlon with a reviaw of investmant perfomiance. Investment managers retain authority to trade in mark8t securities withln the mandate of retaining a w811-diversified portfolio of medium risk. Our policy on fund management and financial control is evailable on request. Commibnents The Truslees had made no commitments to future capital purchases. nor given any guarante8s, at the balance sheet date. Wllliam D Wareing Chair 05 December 2024 13

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF TRUSTEES. RESPONSIBILrriES COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE 'The trustees (who are also directors of CFLM for the purposes of company law) are responsible for preparing the Trustees, Annual Report including the Strategic Report and the financial ststements in accordance with appllcable law and United Kingdorn Acccyjntlng Stsndards (Unlted Klngdom Gen8rally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the flnancial siatements unless they sre satisfied that they give a true and falr view of the state of affairs of the charitabie company and of the incoming resources 8nd application of resources. Includlng the Income and expendSture, of tha charitable company for that perfod. In preparlng these financial ststernents. the truste8s are required to: Select sultable accountlng policies and then apply them consistently., observe the methods and prlnclples in the Charities SORP 2019 (FRS102),' make judgements and estimates that are reasonable and prudent., state whether appllcable UK Accountlng Standards have been followed. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the Gharitable company wryll continue in op8ration The trustees are responsible for keeping adequate accounting rec(￿dS that disclose with rea80nable accuracy at any time the financial position of the charitable company and enable them to ensure thal the financial statements comply wth the Companies Act 2006. They are also responsible for safeguarding the 8ssets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other Srregularitie8. In 80 far as each of the Trustees is aware: there Is no relevant audit Informatlon of whlch the charitable company'5 audltor are un8ware', and the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audlt Information and to establlsh that the audltor Is aware of that Information. The trustees are r8sponsibl8 for the maintenance and integrity of th8 corporate and financlal informatlon included on Ihe charitable company's website. Legislation In the United Kingdom governing Ihe preparation end dlsseminatlon of financlal stat8ments may differ from legisla￿On In other Jurisdictions. 14

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE Oplnion We have aLKlite(i the financial statements of Community Foundations for Lancashire and Merseyside (the 'charitable compaw) for the year ended 31 March 2024 which comprise the consolidated and parent Charitable company Stslement of Financial Activities (the consolidated and parent company summary income arKI e￿e￿IltUre account). the consolidated and parent charitable company Balance Sheets, the consolidated Cash Flow Statement arKI notes to the financlal statements. including slgnrficant accounling policles. The financial reporting fram8work that has been applied in their preparation is applicable law and United Kirodom Accounting Standards, including Financial Reporting Starthrd 102 The Finanu81 Reporting Standard applicable in the UK and Republic of Ir81and (United Klngdom Generally Accepted Accountiro Practbce). In our opinion the financial statements.. give a true and fair view of th8 state of th8 charitable companls affalrs as at 31 M8rch 2024, and of ils incoming resources and application of resources, irKbuding its income 8nd expenditure, for the year then ended: - have been properfy rKepared in accordance wilh Unlted Kingdom Generally Accepted Ac¢ounlirKJ Practtce. arLI - have b88n prepared In accordance wlth th8 requirements of the Compani08 Act 2006. Basls for opinlon We conducled our audii In accordance wlth Intemational Standards on Audltlng (UK> (ISA5 {UK>) and applicable law. Our responsibilities under th088 StarKlards ar8 further d8scribed in th8 auditor responsibilities for the audit of the financial statements section of our report. We ere independent of the charilable company in accordance with the ethlcal requlrements that are relevant to our audlt of the fInar￿la1 statements in the UK. inckJdlrvJ the FRC'S Ethical Standard, arml we have fuffi118d our othar ethical responsibilities in accordance with these requirements. We belleve that the aLhJit 8vhYence we have obtalned is sufflclent and appropriate to prollde a basis for our oplnbn. Conclusions relatlng to golng concern In auditlng the financlal statements, we have COr￿luded that the trustses, use of the golng concern basls of accounting in th8 preparation of the financ5al statements is appropriate. Based on the work we have perfomied, we have nol Identified ary material uncertalnties relating to events or conditions that, individually or collectNely. may cast S￿nIfICant doubt on the charitable companys ability to continue as a going con¢em for 8 period of at least ￿e1ve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concem ar8 de5crib8d in the relevant se¢lions of this report. Other Infomiatlon The other Infomiatlon compri58S the Informatlon included in the trustee5 anrnjal report , other than the finanGial statements and our audiiorfs report ther80n. The Irust8es are responsible for tha other infonnation contained within th& annual repo&. Our opinion on the financial statements does not cover the other infornation and, except to the extent othe￿iSe expliciuy ststed in our report. we do rKJt express any form of assuratKe conclusion thereon. Our responsibilty is to read the other InfoTmatlon aThJ, in dolng so, consider whether the other Information is materially inconsistent wilh the financial stalements or our knowledge obiained in ihe course of the audit or olherwise appears to be materially misststed. If we identrfy such material inconsislencie5 or apparent material mi55tatements. we are required to determin8 wh8ther this gives rise to a material misstatsment in th8 finan(aal stalomentsthemselves. If. based on the work we have performed, we condude tFBt there 15 a material misststement of this Other Information, w8 are required to report that fact. We have nothing to report in this regard. 15

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE Oplnion on mattgrs prescribad by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information glven in the trustees, report which includes the directors, report prepared for the purposes of company law for the financial year for ￿1¢h the financial statements are prepared is consistent with the flnsncial statements., and the directors, report included within the trustees, report has been prepared in accordance with applicable legal requirements. Matter8 on whlch we are required to report by exceptlon In the Ilght of the knowledge and understsnding of thg charitable company and Its envlronment obtalned in the course of the audit, we have not identified m8t8rial misstatements In the trustees, report. We have nothing to report in respect of the followng matters in relation to ￿1c￿ Companies Act 2006 requires us to r8POrt to you If, in our oplnlon: ad8quale accaunting records have not been kept, or returns adequate for our audlt have not been received from branches not Vi81ted by us; or the financial statements a￿ not in agreement with the accounting records and returns,. or certain disclosures of trustees, remuneration specified by18w are not mad&,' or have not received 811 the information and explanaticns y￿ requi￿ for our audit. Re8pon8lbllitles of trustees As explained more fully in the Trust88s' Responsibilities Stat8ment set out on pag8 14. the trustees (btho are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such inlernal control as the trustees determine is necessary lo enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the charitable company's ability to conts'nue as a going concern. disclosing, as applicable. matters related to going concern and using the going concem basis of accounting unless th8 trustees either Intend to Ilquidato the charitable company or to cease operations, or have no realistic altematfve but to do so. Audltor's responslbllltles for th• audlt of the flnanclal statements Our objectiV8s are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to Issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that an audil conducted in accordance with ISAS (UK) will always detect a material misstatement when it oxists. Misstatements can arise from fraud or error and a￿ considered material if. individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial Statements. 16

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT AUDrroR'S REPORT TO THE TRUSTEES OF COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE Extent to which tho audit was considered capable of det•ctlng Irregularitles. including fraud Irregularities, including fraud, are instances of non-compliance with laws and ￿gUlations. We design procedures in line wryth our responsibilities, Outlined above. to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of delecting irregularities, including fraud is detailed below. We identify and assess the risks of material misstatement of the financial statements. whether due to fraud or error, and then design and perform audlt procedures responslve to those risks, Includlng obtainlng audlt evidence that is sufficient and appropriate to provide a basis for our opinion Identlfying and assosslng pot•ntial rfsks r•lat8d to irr•gularftie$ In identifying and a&8essing risks of material misstatement In respect of Irregularities. including fraud and non- compllance lavts and regulatlon6, consldered the followng: . the nature of the Industry and sector, control envlronment and buslness perfomance; . the charity's own assessment of the risks that irregularities rnay occur either as a result of fraud or error., the results of our enquirie8 of management and members of the Board of Trustees of their own identification and assessment of the rlsks of itregularilles; any matters we identified having obtained and reviewed the charitls documentation of their policies and procedures relating to.. identifylng, evaluating and complylng Trmth la¥￿ and regulations and whether they were avMre of any instances of rK)n-compliance; . detecting and responding lo the risks of fraud and whether they have knowledgé of any actual, suspe¢t8d or alleged fraud; and the Intemal controls established to mitigate rlsks of fraud or non-compliance wlth laws and regulations; and • the matters discussed among the audlt engagement team regarding how and where fraud might occur in the flnancial statements and any potential Indicators of fraud. As a result of these procedures, we considered the opwxtunities and incentives that may exist thrythin the organisation for fraud and identified the grealest potential for fraud in the following areas.. (i) The presentation of the charitls Statement of Financial Activities, (li) the charitys accounting policy for revenue recognition (iii) the overststement of salary and other costs. In common with all audlts under ISAS (UK), are also required to perfomi specific procedures to respond to the risk of management override. We also obtalned an understsndlng of the legal and regulatory framework that the charlty operates In, focusing on provisions of those laws and regulations that had a direct effect on the detemiination of material amounts and dlsclosures In the financial stalements. The key laws and regulations we considered in thls context included the UK Companies Act and the Statement of Recommended Practice - 'Accounting and Rep(xiing by Charities, issued by the joint SORP making b(xly . 17

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF COMMUNITf FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE In addition, we considered provisions of other laws arKI regulations that do not have a direct effect on the flnancial slalements but compliance with whlch may be fundamental to the charlly's ability to operate or lo avoid a materia penalty. These included Data Protaclion Ragulations. Audit responsè to rlgks Id•ntifled As a result of perforniing the abov8, we Sdentified the presentatlon of th8 charity's Statement of Financial Activities, revenue re￿gnitIon and ov8rslatement of wages and other costs as the key audit matters related to the potential risk of fraud. The kéy 8udil m8tlers section of our report explains the matters in mor8 detail and also describes tt specific Pfc¢•Jures we performed in response to those key audlt matttr8. In addition to the above, our procoduras to respond 1¢ risks Identrfied Includ&a the following.. revi6wlng the flnancial 81atem8nt dlgclosures and ts5tlng to supporting docum8nlatSon lo 888e68 compliance wlth relevant laws and regulations descdbed above as having a direct effect on the financial Btatem8nts • enquirlng of management and members of the Board of Trustees concerning actual and potential litigatSon gnd claSm8; peformln8 anBlytlcal procedures to Identlfy any unusual or unexpected relationships that may Indlcate rlsks of materlal misstatement due to fraud,. readin8 minutes of meetin8s of those charBed with 8overnance and reviewing correspondence with relevant authorities where matters Identifled were 51gnlflcant.' in addressing the risk of fraud through management OV8rride of controls, testing th8 appropriateness of journgl entrie8 and other adlu8lments,' a8se88ing whether the ludg8ments made in maklng ac¢ountlng 88llmates are Indicatlve of potential bi85,' and evaluating the business rationale of any signific8nl transactions that are unusual or outside the nomal (x)Ufse of business. We also communicated relevant Identifled laws and regulations and potentlal fraud rl8ks to 811 engagement team members and remalned alert to any Indlcatlons of fraud or non-compliance vAth laws and regulatlons throughout the audit. A further descrlption of our re5ponslbilltles for the audit of the flnanclal statements is located on the Financlal Rqx)rtlng Council'$ website at http.'1lW¥￿.frC.Org.uk1audl1orsre8p0n$IbIIilie$. This descriptlon fomi8 part of our audito¢$ report.. U• of our raport This report is rnade solely to the charltable company's membors, as a body, in accordance with Chapter 3 of Part 16 (rf the Companies Act 2006. Our audit work has been undertaken so that we might state to Ihe charitable company's members those Matters we are requir•J to slate to them in an auditorfs report and for no other purpose. To thg fullest extent permitted by IBW. we do not accept or assume re5ponsibilily lo anyone other than the charitable company and the ¢harilable company's members as a body for our audil work. for this report. or for th8 opinions we have formed. Louise Casey 8A KA (8•nior Statutory Audltor) For and on behalf of MITCHELL CHARLESWORTH (AUDIT) UMITED Statutory Audltor 5 Temple Square Llverpool L2 5RH 09 Dgcernber 2024 18

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE CONSOLIDATED AND COMPANY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Noteo Unr•strkted Funds R•thcted End￿fflent Fund• Fund• 2024 2023 Incoming rnsources kncom• and endowm•nts from.. Donations Iwias 138.393 5.982 411,547 1.169.814 ch￿718￿￿ actI￿tI￿5 42 300.3•6 3,106,394 3,4DI792 3,144.863 Investments 143.058 531,256 74.314 557,107 T4)ts1 3 112 356 942 803 4 637 008 4 871784 Expondltur• on Ral8lng fijnds 1130,3751 137,7441 1168,1101 1148.249) ch￿1&)1¥ actl%AtI88 Grant ME￿n0 (7448401 13,245,156) 13.989,11951 13.978,6001 Totsl 1875,2151 13,245,155) 137,7441 {4,1se,114) 11,124,849) R••lwl yln w Inv•itm•nt •••• Unrnallwd qaln on Invostm•nt •s1ot• N•t Incom&ll•xp•nrlttur•) Tr•n•f•r• b•lw••n fund• N•t mowmont In fund¥ R•conclllatlon ot lund• Tolal fund• Isrought lorw•nl Total fvnd• cmrrlod lorw•rd 286,013 1305.536 2.496,606 286.013 1360 $31 2.125,430 22,088 1,222 051 1453.0301 13 54,995 1236,3711 1132.7891 484 909 92.700 69.420 392.110 1,703.908 2.125.438 1453.0301 782,605 852 025 1,843.728 2 195 836 19,634.720 22 261051 22,714.081 21336 628 24 386 489 22,261 051 stat￿ent of flnanclal aCtl￿tI￿ Includes dl galns and IrA89B In thg yw. All Inwlling res￿r¢85 rnYOUTCO8 gxpendod deT￿o from CNbtlnulng ilvliles of thè chartty. n(*•s ￿ p&ao8 24 to 41 fomi part oflh•g• 19

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE CONSOLIDATED AND COMPANY SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Gros• In¢ome from all •ourc Less erKlowment Income Total Income Total oxp•ndltur• Less endovrfnent eypendllure Transfer8 from endowment fund8 Net in¢ome for th• y￿r 4,637.008 942,803 3,694,205 (4,158.114) 168,119 792,700 496.910 4,871,784 1,528,526 3,343,258 (4,124.849) 35.535 886,188 140.112 Th• nots8 on paga• 24 to 41 forni part of tho80 flmnclal 8t•t•m•nt•. 20

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 TanglfAe a55ets IntwbaiL4e assd6 Invegtrnenls 1Z 11 13 3.7ni 63,950 21,969,067 3,995 2Q.210,164 22.030,795 20,214,159 CurrentAzMts D8blors Cash * bunk and in knd 14 161.420 2.569,012 2.730,432 45,450 2,452,056 2,497,506 cRED￿OR8. •ffl¢Junts falliThJ due wlthin one ygBr N•t Curr•nt A80otB 1380.7381 1450.e141 2,349,694 24 3B6 489 2.046,892 22,261 051 Th• Fund dth• Charlty En(Jthwnent Funtjs unrtrtCt￿ Funds Roslnct&l Fund8 T¢)thl Chrlty Funda 21,338,628 8S2,025 2,195,836 24 366 489 19,634,720 702,605 1,843,728 22 261 ofjl 19 18 Th8oe fin8ncial 8tatwnenl8 hw b•on preparthl In oocts)lanco with the prtr418kn8 8PF4icobl¢ ltt eomp8nie& iublt to th• Small C￿n￿nI•s, rtylme. Appr¢w•d by th• s￿1￿ of Truit••8 and authorf••d lor bMu• on OS Decqmb•r 2D24 W D W•r•lnv ¥¥ Cornp•ry Numb•r 03422207 Th• n¢ié• on Pa9￿ 24 to 41 form part of thu• fin•n¢S1l •l•t*m•nts. 21

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE COMPANY BALANCE SHEET AS AT 31 MARCH 2024 2023 Flx•d Aslets Tanglble 8ssét# IntthJlbl8 assets Investm￿1$ 12 11 13 63.950 21,969.087 20,210,1e4 22.1)36,795 20214,1S9 Curr•nt AM•ts Deblo Cash at bank In hand 14 161.420 2,569,012 2.710.432 45,450 2,452,056 2,497,5C CReDITORS: •rnpunta fdling duewith"n ¢Jne yoBr Not Curr•nt A•••t• Total N•t AaJ•ts 380 738 450,614 2,046,892 22 261 051 24 386 489 Tho Fund• of th• Ch•rty End¢7•rnent Funds UDre8lrfct￿ FundB R•Btrlct•J FuThJ5 Total Ch•FIty Fund• 21,338,021 052,025 2,195,836 24 386 4B9 19,634.720 762.805 1,843.726 22 261.051 19 The80 fi￿CIal 8￿t￿ents have boan preparwj In ￿ec￿8￿c0 wlth the ap￿1¢￿ ts uThpanleB 8ubl*l lo the Small compnloJ' r8gim Approv•d by th• Board of Tru¥to•¥ and •uthorlx•d lor kn•u• OS O•c•mb•r 2D24 W D WAr•lng Cthnpony Nufflbor 03422207 Th• notm on 24 to 41 fovm part of th•u IIMncW •t•t•m•nt•.

COMMUNrrY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE STATEMENT OF CONSOLIDATED CASHFLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Cmh Ilow• Irorn op•rallny •GtlvM•• N•teash us•d In op•ratlng •CtIv￿1•4 160•,6421 11.152.020) Ca•h flaw¥ from Inv•sllng octMtI•s 493.512 Ill2,3￿) 12.1521 63.950 315 051 457.494 18082021 12,5851 Cash (advanced tol trom Inv8slrnent• Purchase oltsngible a55e15 Purchase of inthgible o$$0ts N•t ¢a•fv Iumd Inl Inv••tlnq artlvltl•¥ 153.293 Cu•h flow• frarn flnanGlff 4 •¢tMtI•• Rec8isX d ey4Jendab18 andD￿￿ent Ca•h pro¥ld•d byflnAn6lng Actl¥ltkn• 411,547 411547 1,034,165 1.034.185 knu•A•• I ID•crna••l In cAih and ¢••h •qulval•ntB In th• y••r 118,951 271.128 C8h •nd ¢••h •4ufvl•nt• at th• b•qlnnlnq of th• y••r 2,442,OlJl 2,723,184 T•t•l ¢••h Ind ¢a•h •4ul¥•l•nt• •tth• •nd ￿ th• y••r 21 2 S69 012 2 452 056 23

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 GENERAL INFORMATION The Charity is a registered charity in ErKJland and Wales and is a pfvate company ￿Mited by guarantee without share capital, reglstered in England and Wales under the Companies Act. The addrèss of the principal is Third Floor, Stanley Building. 43 Hanov8r Stre8t, Liverpool, L13DN. ACCOUNTING POLICIES Summary of significant accounting policies and key accounting estimates. These policies have been Conslsientty applled to all y8ars presented unless oth8Nrfse ststed. Ba818 of preparallon The charity constitutes a publlc bonefit entity as defined by FRS 102. Tha financlal statéments have been prepared in accordance with A￿oUntIng arKF Reportlng by Charftie& Statement of Recommended Practice applicable to charities preparing Ihair accounts in a￿Ordar￿8 with the Financial Reporting Standard appliGable in Ihe UK and the Republic of Ireland (FRS 102) (effective October2019>- Charthes SORP (FRS 102), the Financial Reporting StaThJard applicablB in the UK and Republlc of IrelaTrJ and Ihe Comp8nles Act 2006. Th8 Staternent of Flnanclal Actlvf(ies and Balance Sheet Consolldate the financial statements of The Charity of John Goore (Charity Reg No 238355) which was acquired on May 2nd 2017. The Communty FourKlatlons for Lancashire and Merseyslde meets the definition of a public benefit entity under FRS 102. Assets and liablilies are initialty recognised at historical cost or trartsaction valu8 unless olhen4vise stated in the relevant 8ccounting policy notes. Golng concern The trustees are satisfed that the accounts shoukl be prepared on 8 going concem b8sis and have con8idered thi8 for the pèriod of ￿1ve months from the date of approwal. 2.34 Incomlng resource• Incomiro resources a￿ included in Statement of Flnancial Activities (SOFA> when they become receivable, except donatlons and glfts in klnd. Donations are Induded when th8y are received. Grfts In kir#J are valued 81 an estimate of market value where this can be readily ascertained. Deferral of income lakes place where grants are recelved substantially in advance of the e>penditure to which rt relates. Where grants include a contn'bution to costs for distn'bution of restricted funds, is recognised on distribution of funds. Investment retums are drawn In accordance wlth a total return pollw 8fKI trartsferred to restrlcted funds for distribution. with an agreed propjrtion trdnsferred to cover management and adMinistrat￿n costs. Income lo cover costs for management of the invested funds is recognised when ￿ceiVed and income to COV8r costs for distribulion of re8ufting restricted funds is recognised on distributp)n of those funds. Incomirvj resources from governfflenl funded entities are accounted for in the same way as other income. 24

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Icontlnued) 2.3b Donated Services and Facilities Donated professlonal serwces and donated facilities are recognised as Income when the Communlty Foundation has control over the item. any ￿nditionS associated with the donated item have been me( the receipt of ecor￿MiC benefrt from its use is probable and the economic benefil Can be measured reliab5y. In accordance with the Charities SORP {FRS 102), the generdl volunteer time of volunteers not recognised and usets of these financial statements should refer to the Trustees. annual ￿port for mora information about their conlribution. On receipt donated professional services and donated facilities are recognised on the basls of the value of the gift to the charity which is the amount the charity would have been willing lo pay to obtain services or facllltie5 of equlvalent economlc beneflt on the open market., a corresponding arnount is then recognised in expenditure in the period of recelpl. Resources oxpended Resources expended are Included In the SOFA on the awuals basis as a118bllity Is Incurred, based on work done or services provided in the period. Expenditure includes irrecoverable VAT. arKI is rewted as part of the expenditure to which it rekqte8. Grants payable are reco9nised as expendiiure when the commitmerrt 18 made and monrtoring of previous commitments is complete. Costs of Generating Funds includes the cost of brochures, advertising, fundraising and other promotlonal events deS￿ned to Increas8 publlc awareness of the FouTrJaUon, together with other costs directly attributable to fundraising a¢iibities. Charltable expenditure comprlses those costs Incurred by the charity In ￿ delfvery of Sts actlviti88 and services for its beneficiaries. li includes costs that Can be allocated directly to such activities and those costs of an Indlrect nature necessary for the activities of the charity. Govemance costs inclLKlè those costs associated with meeting the consututlonal a￿1 statutory requirements of the charity and indude Costs linked to the strategic management of th8 charity. All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the r88ource. Costs relating to a particular activity are allocated dlrectly, otr￿rS ar8 apportioned on an appropriate basis as set out in note 5. 25

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Icontinuedl 15 Tanglbl• flMd ou•ts Tanoible fix￿ assets are stated al cc6t les8 accumulaed dep￿latIOn. The cc6ts d rnIn￿ addItic￿S r Iho8B CC6ting under £500 are not wltalised. Depreciatlon Is prowded to wrlte off the cost of assei w Its eycted u8eful Ilfe u8ing the fdlowinB rates and rngthLxI8: FIx￿re5 and flttlng8 Offie8 wu1pm￿l 33% straght Ino 33% 8trdght Ilno Impalm￿l remews are e8rrled I￿1 08 and ¥th ￿￿enCe corn85 to Ilght that the fBCDver8ble amount of 8 funcliongl fiwl 88BOt IJ bel￿ 118 r￿t b(x]k v8lu8 du9 to dJrnBge, C￿￿￿CenCe or other relevont factry. 16 Intan9lblD fFx•d ••••ts Intangible flxed a888ts are utated * ca5118ss ￿UmUl￿ de￿laIM. The eAJ818 of mlnor oddlllon8 Cf ¢hu58 C￿lIng undgr £5CIJ are not ¢aprtall8ed. AmortiBation 13 provlded lo write off th8 c￿1 of 888gt its ￿eCt￿l us8ful Ilfo ujjing the fd1￿wIng rates and rnathuJs: W?b81ts and Softw￿re development 20% slrwght Ilnp Fix•d u•t Inv••tm•ntg Inv881M￿t9 are includ&J at farr ￿lu8 8t the 8frftet dqte. R&allsed gns and losses Investm￿15 are caLulaled as th9 dllferenc8 bgivmn procged$ arwj their falr vafufy al the Btort of the ypar. or Iheir subGequwl cost, nfjt ol Iransaclion ccfjts, and are Charg￿ or credlled lo the stalemonl ol nnancid a¢ti￿lI$S In th& war of dispoBal. Unrealls8d gains and105￿ represent tha movement in I￿r during the y63r and are credll&J or charge4J lo th• slaternent of Iinancld 8cIIMli8s based on lh& l¥ir ¥Alu&. as ad¥A6&y by the chartlls Inv8slmenl m¥nag8rs, at Iho ywr end. All endrmed fund8 recoN8d arè m8no99d in a lold inwslmenl relum bas15. Cr•dltorn and Provl•lon• c￿lI10r balonces erè account&l for once an obli9atlcfi lor pgymÉnts Is cornfim￿. Grant Paymènts ar• occru& Wh￿ approv& lor settlement. pwnenls fcf sertht are accrued once th& $8N¢e has baen del￿red. P•n•lon• The company ¢onlrfbutM to Indlvidu41 P8r8ond Pgn8lM Fdl¢le8 f¢Y It8 wnpbyg•5, C￿tributIon1 gr8 charged lo thg SOFA in the pthod lowhich they rdat 2.10 Fund accounting Unrestric￿$ fundg are incoming rgsource8 ￿￿thIe c gener8tttl for the obj8cts of the charfy wlhout further Specified purpc9 and which can ￿ used in 8cwdarrR the charitsble ct>jects at the dI8¢TrIc￿ crf the tru8teeB. Restricted funds are to be UB&d lor Spec￿1¢ purF4)ses as lad by the don￿. EKpgndilure %thich theBe criterfa18 Bharg& to thF fund. EndTrhmonl funds are held Ifx long lerm rdums lor Ihe Foundat￿. A per¢enlage W51hdr￿al from the funds Is disiribuled In ac¢ordance wth the wishes of th origlnal donor. Capital gans or loss&q arising on Ihe invesbnents lomi part ol the fund. Charges for inve5trn8nl managmenl and ad￿¢¥ are charg&J to lund a5 incurred. Income earned on end(Avrnenl fund$ is Iransferred to reslricl￿l anej unreBtricted fun¢Js. 26

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOMING RESOURCES 2024 2023 Income from donatlons and lega¢l•s Endowments Received Sponsorship. Donations and Membership Gifts in kind - Use of offic8 Glfls In kind - Rates Gifts in kind - Other 411,547 56,045 70,000 4,843 13,467 555,902 1,034,185 51,310 70,000 83 14.236 1,169,814 &2 Incomlng Resources from Charltablo Actlvltles 1892 Foundation TIA Moore & Smalley 23 Foundatlon Fund 23 Foundation 1 Oth Anniversary Fund ACC Llverpool Foundatlon Fund Anchor Community Connection Fund Bernle Flemlng Alntree Lung Cancer Fund BIBAS Foundation Fund Big Local Trust Beechwood Fund Blg Loc81 Trust Northwood Fund Blue Sky Foundatlon Fund BRC- Ukrainian Support Fund CFLM DISGrellonary Fund Chang8 Liverpool Ifornierly Home Str88t Home) Fund Clean Air Fund Community Cashback Fund DJ Battle Football For Chang8 Fort Vale Foundation FPC Foundation Her Majesty Th8 Queen Platinum Jubllee Fund Hlgh Sherlff & Mérsoyslde Police Fund Hill Dickinson Fund John GDore Trust Fund John Laing Charitable Trust Fund Know your Neighbour Fund Lancashire Community Invèstment Fund Last Choir Singing LCR Care5 Dlgltal Indu5ion Fund LCR Car8s Community Wealth Building Fund LCR Cares Mental Health and Wellbging Fund Let's Create Jubilee LF Foundation Fund Liverpool Care Leavers Fund Liverpool Ladles Instllution Fund Liverpool ONE Foundation Fund Carrlad forward 23,743 14.575 21,424 23,000 12.000 5,800 36.666 584 14,112 197,702 137,339 7,000 2.653 3,493 106,631 78.530 43,580 4,233 1,183 74,058 111,000 19,987 335,476 45,500 44,538 997 22,100 442,459 20,834 9,706 16,917 26.254 17.281 56,153 85 22,400 635.400 2,780 25,000 150,500 37,400 143,866 25,000 96,750 150,500 11,000 2,461 91,000 50,000 10,901 275,000 2,412,417 301,997 1,600,136 27

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOMING RESOURCES Icontd...) 2024 2023 42 Incomlng Resourc08 from Charltable Actlvllle8 (Contd...) Brought foTward Mark McQueen Foundation (Combined) Fund M8sonlc Charitable Foundation Fund Merseyside Comrnunity Inve8trnent Fund Mam8ntum Foundatlon Fund MVRP Sports, Arts & Culture Fund Nalionwkje Foundation Fund NHS Communlty Partnershlp Grant Fund PHP SocLal Pres¢rlblng Fund Preston New Road Communty Fund Red Rose Responding Fund RWE Innogy UK Ltd Hameldon Hln Wind Fami Communlty Fund The Fredmill Trust Fund The L8nc88hlre WomenB Fund The Mar3den Building Society Charftab18 Foundation Fund Th8 M8rsey81de Women8 Fund UKCF Communf(ies In Crisk% Appeal Fund Youth Dfver8ion Fund 2,412,417 1,600,136 3.000 35,000 8,932 5.058 23.218 250.000 544,492 42,099 421,509 95.000 1.000 15,335 13,847 99,000 367,686 1,031 8.309 14,527 124,000 5,839 23,674 5,776 3.000 162 257 3 406 792 31,350 7,715 56.818 169.830 3 144 863 Investmont Incomo Bank and other Intere8t Inv05trnent Income 145,293 529,021 674,314 45,078 512,029 557,107 Total Incomlng rnsourcos 4.637 008 4,871,784 28

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 4 INCOMING RESOURCES (cont....) 4A Comparatlve Statoment of Financial Acllvitles Unrostrtcted Funds Restrl¢ted Funds Endowment Funds 2023 Incoming resources Income and endowments from: Donatlons and18gacl8S 135,629 1,034,185 1,169.814 Ch8rit8ble activities 280,153 2.864.710 3,144.863 Investments 62,743 23 494,341 557,107 Totsl 478 525 2 864 733 1528 526 4 871 784 Expendlturo On: Ral8lng funds Raising funds (112,714} 135,535) (148.249) Charitab18 actlvltles Granl making (635,351) 13,341.2491 (3,976.600) Total 748 065 3 341.249 4 124 849 Reallsed gain on Investment a8$0ts 22,088 22,086 Unrealised galn on investment assets 23,895 1 198 156 1,222 051 Net Incomo1(expenditure) Transfers be￿Ben funds 1293,435) 313,191 (476,5161 572,977 316,921 (453,030) 886,168 Net movemont In funds 19.756 96.461 1569,2471 {453.030) Reconclllatlon of funds Total funds brought forward Total funds carriéd forward 762.849 1,747,265 20,203,967 22.714.081 782 605 1843 726 19634720 22 261051 29

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 5 TOTAL RESOURCES EXPENDED Basr4 of lo￿1￿ Grant Raislng Fund• GthErn•nG• 4upwi Total 2024 Tot•1 2023 GMt8 P8kl Iso0 note 61 staff ¢￿t$ snd rfe81 DIr￿t 3245.155 3.245,155 3,341,249 Dlrn¢i Dlr8ci 211,830 4.923 34.498 5,162 120 328,478 579,98B 13.479 510. 9.487 Publuty8nd OIfiEe gjpplles & PP8 P¥lng costs Ornce CLWts Ind Mt Dlract 11,855 18,855 5,316 1,313 85.880 15,771 Sljff nm• Dlrecl Dlre¢i 5,318 1.313 85,860 5,458 1,515 81,511 il & trx4unlon¢yf••o 14,802 I4,8￿2 15,766 33,458 13,112 4,282 6,258 17,472 412 11,783 2,389 Dlr¢ci st•ff nrnB Dlrrfl Ugago SIAff Trn• Dlr8ca Dlr• DlrBtst Dlr• 14.270 14.689 18,308 11,667 15,766 33.458 13.112 4.282 6,25B 8.400 412 11.783 2.369 Ctynpuloi C￿1 Sub8CrtpWmB Bknk ¢harg InwJranc• S.256 15,956 1,551 9,679 4.404 481 9,072 Vdunt••r8ypen Other D•Weda￿On L8g41 & wvfD98bnal fBB Inw51monl M￿89￿ment COBts Mork8tlw & PUbl￿ty 6,888 37.744 37,744 46,224 35.786 26,618 4e.224 3,461.908 B2,116 26,790 587,300 4.158,114 4 124 849 8upwl C￿11 005.048 23.039 3.969.995 62,252 1587.3001 168 119 A IS8 114 The ov8th8•Js BbM In¢lud• £88,310 01 dM•led gooda for ihe Ccmmunily FoundJULW¥ pay no con$￿er811¢￿. On¢B IhBBO don•ied s¢>Jd6 •r• dedud•d from cor• INP￿￿41UrO lh¢ l•xdudlno omnt8 Owatd & In¥t81moni managem8nt ¢all8lwnouni to £786.905 (2023.. £663,746). 6 GIIAIITIJ AWADED I lh• undgrt•k•n bylheth•rlty 1•pr•￿t gMh•kJnq. Furlh•rl•i•lkn Ih•gMIs m8tt• In tho >wropn b• Mon kn Nd• 18.

COMMUNrrY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NET INCOMING RESOURCES Nel incoming resources are stated after charoin9.' Depreclatlon Audilorfs remuneration - Audil - Other 2024 2023 2,369 4.403 14,802 13,850 420 STAFF COSTS 2024 2023 Wages and salari08 Social securlty costs Other penS￿n costs 488,211 44,605 47,172 579 988 430,723 39.173 40.668 510.564 2 empkjyees received ern0￿ments li the band of £60,001- £70,000 {2023'. 2). Total emoluments pald lo key management personnel In the period were £260,071 (2023.. £ 250,083). The roles of the kay personnel were as follows: Chlef Executive Devabpment Dlrector & Deputy CEO Finance Dyector Programme Director Tho chartty contrfbutes to Indmdual Personal Penslon pollcies for 811 lis empbyees. The assets of the schemes are held separately from th08a of the Charty in independentty adminisler8d funds. The penS￿n charge of £47.172 12023: £40.668} repre8ents conlrfbutions pald by the Cha￿ty to the funds. There were £5,460 oustanding contribuuons 8t 31 Merch 2024131 March 2023: £137). STAFF NUMBERS Tho avèrage number of emplospes (excluding tru8teesl during the yearwas 85 fok*ws.' 2024 2023 No Grant maklng Cosl of raBi)g funds Support Total full time equival8nl8 13 13 Tolal staff empbyed 14 14 10 TAXATION The charily is exempt from tax on income and gains falling within S8clion 505 of The Taxes Acl 1988 or Section 252 of The TaxatDn of Charitable Galns Act 1992 to the extenl Ihat these are appkd to charitable oblectlves. 31

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11 INTANGIBLE FIXED ASSETS (GROUP & COMPANY) Softwarn Dev•loprnent A•Tots under ¢onAtructSon T¢Jlal Co81 At 1 Aprl 2023 Additions Al 31 Mirch 2024 16,607 16.607 47.343 47,343 63.950 63,950 Daprn¢l•tlon At 1 Aprl 2023 Charge for year Al 31 M•rGh 2024 Ngt book valug At 31 March 2024 16,807 47,343 63,950 At 1 ￿1￿1 2023 Durfng th8 year UKCF began work on devekjplng a new Sal8sfor¢8 CRM. at the year end11 had not yel come In Io u86. Ajso, CFLM comm186ioned a thlrd paty lo redevek)p thelr web8lte8 v*l¢h are due lo go I￿ In Wlnter 2024. TANGIBLE FIXED AS3ET8 (GROUP a COMPANY) 12 Flxturo• & Flttlng• Offlce E4ulpm•nt Total Co8t At 1 April 2023 Addltk)n8 At 31 March 2024 1,983 16,949 2,152 19,101 18,932 2,152 21.084 1,983 D•praciatlon At 1 Aprll 2023 Charye foryear At 31 Mar¢h 2024 1.916 67 1,983 13.021 2,302 15,323 14,937 2,369 17.306 Not book v•lue At 31 March 2024 At 1 2023 67 3,928 3,995

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13 INVESThIENTS. GROUP + COMPANY INVESTMENTS UK listed investments 2024 2023 Investoc Wealth & kwBBtnnt Mark8t Value al 1 April 2023 Addl￿on5 Di5kX)Bats at markat valu• Revaluaticm galn I Ilossl 10.551.252 419.925 (347,206) 463,934 11,087,905 67.939 11,15S844 11,661.054 353.194 1639.008) 1867.3131 10,507.927 43,325 10,551.252 Cash de[￿lts in the UK Sub lotsl kn¥•st•c Wo•lth & InvMtm•nl CCLA Common knve>trn•nt Fund M8rkèt value a11 April 2023 Addillons DI8[￿#L9 at market value Rev8luaUc) gain I (Ios61 Sub iot•l CCLA 9,051,357 257,714 8,509.424 984,184 1111,4081 1330,8431 9,051.357 841,602 10,150,673 CCLA CFLM Dl$¢r•tion•ry Inwltmont Market valuo 811 April 2023 RoV￿u&l￿n aairn I Ik)ssl Clo•lnq m•rk•t wlug 607,555 54,995 802,550 631,450 123.8951 607,555 Tot￿ In￿•1M•h￿ 21,969,067 211,210.104 Hl•torir•l ¢Nt 16,034,482 18,304,029 Ll$t¢d Inv?slrn•nts UK k)voslment8 Over8888 an(J thr inwlment8 CaBh depLiis 10,027,391 11,098,562 243 114 21.969,067 9,781,641 9,925,434 503,089 20,210,164 A CCLA ond Inves18C Pjrtldio totslling £1,003,23312023'. £934,884) r8pr88ent ihg 882Ot8 of th• Ch￿ty of John Goor In company b818nea shoet Ih88e hav8 been rofknt8d •8 an Inv8Stm8nt in subv6d1￿ In xcordsn¢& ￿1h Iho SORP requlrsm8nt8. Th& trust￿ t>)nsld•r 1nds￿dUal Inv•slrnent hd(Ing8 In eY£•B3 016% of th• FQrtldlo valu8 lo t¢ m8Aerlal. No Individual shareho￿lD99 Cf Inmlm•nts ar• ￿nSIder￿a ir￿1￿)u811Y to be mat•rf81 wSth Ihe rn0rk￿ values an¢J woportion of Iho portfdlo 8hown as al 31 March 202412023 '. Ncrt The inwe8trnent$ are hekj to on in￿Stment r•lum to th6 charty. Unappll•d total r8lurn rel•¥8Bd to In￿rn¢ Total Endowment At 1 Aprll 2023 Glli Comprm8nt of End(wmgnt.. Unapklfftl total return Total Endty*rn•nl 14,973,577 14,973,577 4,661,143 19.834,720 4.861,143 4.161.143 14.973.577 knrn8nts In the r•portlnH p•rlod: Glft of eyFendabk endowrnent Investment M8nago7)ent Fee Di￿dendS Inl8rest Reo1is&J and Un￿lIs&j Galn51Losses Ttstsl 411,547 411.S47 531.256 1.591.549 2,121805 531.256 1,591,549 2.534J52 411,547 unapp11￿￿ total retum rdeasad to inccfflè 1792.7001 1792.7001 Net movern¢ni¥ In reportlDg pgriod 411.547 1.330,105 1,741.652 At 31 March 2024 Gift cornp￿ent cl Endrwrnent UnapOied total retum released to Income Total 15,385.124 15.385.124 5,991.248 21.338,628 5,991.248 5,991.248 15,3￿124 33 The fair value ol listed invesbnents 18 deiennined ty referwe to quoted mathet pYice8.

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14 DE8TORS (GROUP & COMPANY) 2024 2023 Olher débtors Prepayments & accrued inccme 54,509 106,911 161420 500 44,950 15 CREDrroRS: amounts falling due wllhin oney (GROUP & COMPANY) 2024 2023 Gwt crndttor¥ Other ¢￿jitor3 AccruaL9 Othertax & Bocial 8ecurlty Def￿r￿ Int￿ (note 161 219,449 27,DB1 47.743 2.507 13,95 380.738 305.087 8,098 37,542 99.889 18 DEFERRED INCOME (GROUP & COMPANY) D8f8rrad Income r4mprlse8 InconKt roc0￿￿1 in adva￿ Ihal tho charfty 18 nat ￿ntraCtual￿ onulled to di8trllxrte 8t 31 March 2024. 2024 2023 8alance as a11 ADrll 2023 Aryv)unl relwgd to In￿ne é8med from charftabl6 8th1 A￿Unt def&Tf8¢ In year Balonce as at 31 March 2024 99,889 150.3921 81,446 171.4151 89,858 99.889 17 PENSION SCHEME The ch8rlty opero10$ 8 d•finod Conldbull(￿ F4n9hJn pbn for Its •rWoyMs. The 8mount recogn188d a8 an •yn8e In th• w85 £47,172 {2D23- £ 40,668)

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18 RUTRICTED FUNDS (GROUP a COMPANY> Mo¥8ment In R•6ourco8 Ihtorning G•ln8 & Translern 1 Aprfl 2023 31 March 2024 1892 Fwndtyb(￿ TIA Moore & 8m•llty 23 Ftsjndaiic ACC Lhrpod F￿J￿￿￿tIon Fund Akfj￿ge F¢xJndaNc Awffjo sh￿T￿st Fund Anchcf Cornrnunlty Conn8clknn Fund Anrs Ray M8688r FoundJllon B¢rnlJ Flèmlng ￿￿tree Lunq c8n￿r Fwnd•ibn BHP 8llton Fund Be InsptrBd 8u8lness Foundallon Bb Loc4 Trosl Bb) Tnjsl Nonhwwd Bluo Sky Found81￿ Fund Brftl9èbullder Foundju Cd18 Chwll•bb Trust Fund CFLM OIw8llonary Fund Change L￿rpOOl Ifomety Horn• StMÉl kn81 Fund chth1￿ FtrJndaWM Rthnuo Fund Chwhylln8 Ann Found•ll Cl88n Alr Fund CcmmuntyGa8hbock Fufid DJ 8aiiJ8 Evonl Evth PErtn￿5 M8rney¥ldg Ch8rflobh (fDrn•tymln Inwslment M8n8gementl Fund Fo￿b￿l tr Ch8ng Fcrt Vdo Found8lbn FPC FoundaliL Fund Gorna Bank Twst HBlion Foundolknn HANcn Chambor Dfcommqr ion FoUnd81￿￿- Knluht8 Hou88 Hdton Foundatian Fund HBlton Foundation Vvidnu Edu￿110￿ FuTrJ HBr Mala•tyTh8 auqqn Phtlnum JublknB Fund HkJh Shodff & MIrn￿[dO Pollca Fund Hll Di¢thoon Fund Hundoy & Palmgrn Fund InvoJlocW•akn & Inv8ltmBnl Fund J•pano4o TBunaml Fund John Goorn 8oJk lokeni Fund John Gtrjre TwBt Fund John LAing chaltt￿kn Tluil Fun Jc4eph HorkyFund Knuwyour Nalllhbour Fund Kno• F￿nd￿lIDn Frgd Curran FlmThu• Fund FwndBllpn Fund Knob Huylon RDbyWBr DiEtr6sB FbwThNgh Fi LBnca8hire Ctxnrnunlty InveBtmenl Fund L•nrknhirn FbJod Fund (Generqll LBnCayhI￿ ReEo¥8ry Fund ILancaBhlrel Lon¢othir8 Rerovery Fund (WyTel L￿n￿￿COM￿unIlY Fund LBwtw Fwndllllon Fund LB51 Chcir5ungln9 Community Fund LCR Cares D￿lta1 Inc4u5ion Fund Lethy Found8tion Fund LF FE4Jndalknn Fund LNerPO￿ Cwe Leavprs Fund Liver￿4 Ladle8 Instilubm Fund LI￿rpo￿ ONE C(Ordlnator Crots LisErwd CYPMW PrL¥Famme TY*V LIbE￿lI CWE CYPMW Re5iliBncB Tralnlng Fund Li¥erpoL4 ONE FounLlolion Fund LI￿rpOl￿ Tennls Foundality) Fund 8plane• cath•d fon¥•rd 2Q.972 12,B28 5,104 120.0881 148.3101 15,4601 (9,ODOI 116,8701 133.3331 115.0711 20.884 745 9,038 57.180 44.095 29,477 309 829 8.850 47,186 33.333 45.717 2,151 11,091 6,175 44,210 3B.990 96.951 30,648 l67Q 17.987 18.594 183.489 32.113 67,920 527 14.0001 10.896 12.419 188,543 125,472 149,2641 1132,3491 192,e511 53.820 11,6081 1,776 2.263 14.321 9.066 115.6221 19.3991 476 1.603 f.091 3.724 1,087 15,97 125,97SI 10.000 70,e33 100,000 23,931 152,4591 1100,4811 111,3281 1•,J74 2n 11608 759 2.081 19.233 PS.3381 8.184 535,879 288.B05 44,000 42.311 8S4.873 44QOO 42.OB9 4,240 4,839 1,￿2 35,320 5,513 4,438 13.5521 14,&251 11,0001 16.1821 16.8821 2BS 435 8,123 2,227 317 497 35,281 1.070 4.753 6,917 1,785 1,440 15,380 80,698 1372451 140,7991 19.110 9,493 2270 1,682 4182 21,177 4710 1,689 1,101 400 14,139 10,200 18,815 400 24.146 58 20.000 110,4811 130.2001 13.6831 15B6.2221 14.5281 20,437 2.313 17.Z45 Se8,222 5.239 3,284 2,324 13,402 30,961 9,445 17,191 4,528 74 1,579 3.621 537 2.SC3 121,0001 8,212 1177 30,901 9.445 17.191 1.387 14.5281 114,9431 122.0001 1140,tKIoi 1.387 14.869 22,000 140,000 59.953 26,127 1,É08 8&080 88,000 50.000 10,901 fjD.000 1.750 Zi.420 105.218 3.819 1B7,1•2 252 1,936,511 1501 118,3971 129,5691 11.2WI 09.0491 19,817 75,700 5,019 165.452 252 1.454.506 zo.000 59,137 241.998 111.2391 2.201,647 P.034,3061 314,664 35

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 RESTRICTED FUNDS (Conid...} (GROUP & COMPMYI AlowJm•At In Aooourc•8 Inmmlng Out4olng 1 2023 Gwlns & 31 Maroh 2024 7ranÉf• 8olanc• brought forwa Mark M(Queen F￿NdatIon Icomblmdl Fund MÈdip4Bh IBwide Ctthmunlty Inveotmanl Fund Wg Fund FActhantum Foundfilkn MVRP Spcrft&, ArtA & CukurB Fun NH6 Communlty Partnership Granl Funtt oN￿a Rae FOUndatic￿ Fund Ped Porti 500 Fund Pendlg Mu&ic BuréBry Fund Prnslun Ro8d Comrnunity B8n6fft Fund Huuslng A¥¥wlalbn Llmllod Fund Rud RM• RwDndlnq Fun Ro¥iondHkn Communty Fund RoJill•r Foundatlon Fund Rurnl 8 ￿￿h1 Fund RWE Inncqy UK Ltd HITh￿0¢￿ Hkl Sefton MBC Educatron 4 L•ornlng Fund S•fton MBC Tayknr Fund Shr1￿n9 SiFr¥ F￿ndatIon Shcp Di￿1 Fund Sl Chrt$lophern Trual Fund Surthng Wlnter Lan￿l￿rr s￿￿¥1n9 Winter Mer$•￿Ide Th& BXB F￿￿ndstIOn Fund Tha FreJMIII Tru&t Fund Tha L•ncpyhlre WamqnJ Fund The Mjrsden Bullding Sctw Charfl•bl? Ftyjnda The Mernes?￿l Fund Tho Wlndki Utd Chadty Fund WO Stro8t Lancaihlre Fund WO Slr•ol Fund Ywih Di￿￿10￿ Fund Other Fund• 1.454.SOB 2,071 7,945 10.882 46.662 2.996 2,201,647 12,034,308) 125,5021 314,6e4 23,431 2,076 8,882 24,768 217 1.934511 10.021 1M30 27A20 4.451 123,2861 143.0001 113.6851 1228.2001 1347.4641 11.5001 20,432 228.200 347.464 4.30 18,879 446 1.194 4.042 3,255 6,973 42.979 41,063 8,974 1.930 110,9241 139,8931 114,48ai 11501 110,1841 32.055 11.510 2.509 3J47 1D,140 531 2.167 10,764 4.36 7,478 53,540 28,308 23231 1.137 536 J7.900 19.605 2&115 1,371 13.207 121,9101 13,7161 3.600 234 1538 1,457 7,907 1.408 111.0941 1346 (24.6011 1,248 188 1,500 112,500 6,540 18,853 5,071 1112,4991 16,U521 132,0001 110.1351 13,7001 IT7,4011 121,2741 1143,7171 143 30.580 1.988 8,985 41,211 20A33 1,QJO 14.005 1.843,728 12) ZU.110 7,E77 3,676 2,888 40,047 8.795 1.173 3M57 2,054 4,790 14005 2,19&818 147,507 3,112.356 3,245.155 484,909 Fund b8￿nceS rBprnsenl grnnlB rec8itAblè frr Iho chorlty lo d11th￿tI In ar￿5￿co ￿tfv Iho terrn$ •nd condlllonj of Ihi domr. Ub th• nda ropre8enl undl$irfbuled ftjnds h•ld In tho bank iecxjunts M Fundl awllllbkn, tDQath•r ith Ihe crfl•rtM, prt0rf1￿. CO¥•TtyJ qThl proca•• Iro do1•"t•J w wr w&•l¢• Ot whw.18nCsftsunda￿￿.OrS.Uk ww.th•rnoyéWe.org.uk Nrrt• 28 4etdkn the ¢omp•Niiv8 mo¥em¢nt ￿ reBtrd•d fvndB. 19 UNREJTAICTED FUN IGRQUP a COMPANYI M£ry•m•At In R•wurc IhEDrnlng t9￿ 1 W12023 Oiln¥ & Tranof•r8 31 M)￿h ZD24 Vnr88lrfcted fiJnd8 782,eos 875215 362.786 852 025 36

COMMUNITY FOUNDATIONS FOR LANCASHRE AND MERSEYSIDE NOTES TO THE FINPJICIAL STATEMENTS FOR THE YEAR ENDED 31 MPRCH 2024 20 ENDOWMENT FUfrIDS (GROUP & COMPANY) 1 Apr112D23 Incornlng Outgolng and Tr•nthr# Galns 31 Ilarch 20Z4 1.149,816 1BW.904 33.014 6¥J9.78 {33.0141 1797.4301 102,775 1,488.774 1252.591 20,086,037 Eypendable brth•Ment 942,8 830.444 1,591. 21.338.628 1 Apri12013 Incornlng Out4oin9 and Trnn•f•rn Galns 31 Mareh 2024 P•rmanent •ndowrnvnL Rowdalg Communlty Fund S•kn MBC Educ8bon & Leamlng Trust 4 Other FuTrd8 Th• Charfty of John Gcm 157,287 167.831 202.181 622,507 4,573 4,880 S,461 18,100 14,ST31 14,8801 15,4611 118,1001 14.237 15,192 16,998 171&24 183,023 219.189 678,855 Expondabl• •nd•wrn•nl". 23 Fwnd8tith) Aldridge Foundaticffi CF Enduwmont Alr8d Shew Tru8t BHP 8llllton Blut Sky Foundation EndMn8nt Fuftd CFLM DiserellonBry CF Endtr￿￿8nI CFLM Generld EndtyrtTh8nl Chrfstsl FwThdatbn Evglyn Pather8 Morseysld• Chqdtsbl8 Endtr•rnt Fund If0￿8￿Y Tlln8y Inveolrnent M8nagBTnonll John Gt>y•TwBt Endthvment Re$9 Gorn• 8ank TnJBI CF End￿ment Hollon Found8I(m- ￿8110Th Ch•mberof Cornmw¢y> CF End(MThent Fund Halton FoJnd81Sor- Knlght5 Htyj￿ Charlty Endovm)wt Halton Fwnd#llon Trust Transfw Fund Halton Fwndatlon Widne8 Edu¢B￿.0n End(rt¥rn8nt Fund Hlgh Shwffs and Merseyslde Polic4 Tr Hill Dickirt￿￿ Found8tion HunU8y & Palrners E)¥andabl• Endtr•miont Fund Invejtec Wedth & In¥0stsn•nt Endwnént John Gojre Trust Jc6eph Hart8y Endty•rnenl Knobvsl¢y Foundth"on Fred Cun¥n EndrY￿￿ent Fund Kncw51ey Foundthon General EndNment Fund LancBshlrg Cornrnurnity I1￿1m8n1 CF EndobYThnt Fund LancBshlre Cornrnunity IweBlment ENJw)enl LancBshlre G8n8r81 Endowment L£ncBSter C(rnmunity Endwn8nt Fund L£nc85tEr Foundalon Leahy Foundalon LIVO￿007 L8dies Infjtituti￿ Endthvment Fund Llverpool ONE Foun¢J8llon Mark McQueBn FouTrJats"on Ccmblned M•dlca8h CF End0wm￿t MÈdlcash Endowrwt Fund Mèrsty8ide Community knvgStm8nl MJB Fund Momènlum Foundatlon Endo%￿1 Fun Clivia R8e CF EndchTnent Other EndTh￿)ent Funds Ped Pcqts 500 Endth%Thènt Pendlè Musc Bur5ary- Ruth Sutton CF Endu4mw PrugTEss kbJu5ing As%Klation Lld EndrthThent Fund Rutni arjd Rishi Fund The RiJss118r Fallily Fund Seftun MBC MhurTaylor Fund Er¥kAwignt Softun MBC Educabonal TrL￿t Fund EThlrthTh8nt Shop Dlrecl CF Endolwnent st Chrt$t￿herS Trust End0bVrr￿rt The Cells ChavtA)le Tnjst The Marsden Buudkng Scdety Chortlable Foundayon Thewlndle Unlted Fund WO Street L#nc08hlre 37 WO Street Mersewde 1,181,176 60,059 496,797 291,877 1,S76.796 106,977 21,097 92a,177 29.e23 1.746 14,445 7.319 39,684 187,1921 11,7481 114,4451 116,6021 182,2181 82,952 5,438 44,969 20,496 111.252 9.683 1.481 88,333 1,226,SSQ 65,49S 541,786 303.090 1,645,516 116.660 21.907 901,988 529 23.537 11,2001 128.0811 593,4fjfj 18,994 20,627 17.256 117.2561 53,719 147.185 18.994 22A94 eoo 16001 1.867 31,567 434,337 145.585 22.475 596.431 502,021 60,642 45,074 312,37T 61.959 61.588 38,098 7.881 4.932 171.421 37,148 1,078,098 1,122,9D1 918 12,629 12.ODS 653 15,492 14248 1.520 1.130 7,834 19181 112.6291 14.2921 16531 130.2011 117,0201 13,4581 12,5641 117.7681 13,5241 2.857 39,315 14.182 2.034 44,608 43,671 4,257 3.165 21.933 4,351 5.575 3,449 713 346 12,036 2,608 97.587 92.467 34h24 473,652 167,480 24AOg 26.330 542.920 62,961 46.005 324.378 64.340 67.163 41.547 1,791 1,106 229 124 4.299 932 31,348 30.842 98,195 123,1 15,739 42 1,3B2 8.051 19,984 6.504 938 12811 19.7501 12,1131 131,3481 145.22Ql 1871 5.121 178,006 30,575 1.175.685 1,200,990 9,976 2,910,335 151,739 1.574 5T207 325.309 800.301 13.035 35.170 13.117 33.178 319.724 281.060 344.709 299.419 6.507 35.812 115213 612.569 137N38 725A31 223,41S 1.133,054 226,614 21,33B.628 2,682.598 627.027 1,443 55,091 309,694 769.902 5.815 32.251 13.117 31.951 293.186 271.625 316.098 288.342 6,￿7 34.4B7 105,650 561,723 126,030 415252 204,870 1.090,162 219,148 19 634 72Q 218,754 44,072 131 3,866 23,195 57,499 1.064 2.919 135.6991 1421 13,1341 115.6311 139,0641 1348 19381 800 8.524 6.812 9.191 7,ZJ1 157 865 3.072 16.333 3,665 263.906 5,957 27,35e 5,479 942 803 11,8171 18,5241 115.4501 2.244 26,538 19.073 28.618 20247 439 2,421 9,583 50.846 11.408 60.179 18.545 76.617 15,327 11e.4011 13561 11.9611 13.0721 116,3331 13,8651 113,9061 15,9571 161,0811 113.3401 30

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 21 ANALYSIS OF NET A56Efs 8ETWEEN FUNDS (GROUP & GOMPANY) 2024 Genw81 unrESthrJ8d EndMn8nt Rastrfcted Total Flxed ass•ts 67.728 67.721 098.37e 21.270.089 21,969.OB7 135.700 67.939 2,36S,285 2.569.012 Nat curmt liabilltle5 49,869 852.025 169.449 2,195.036 1219.3141 24,386.489 21.338,621 Gen8ral unfv6fficted 2023 ErthATn•nt T¢>t•l xed 8888ts 3,995 Inve8trnwts e18.7eg 19.591,395 20.210,184 C8•h 259,918 43,325 2.148,813 2,452.056 Net wrr•)tllabllllle 100,077 782,605 305,087 1,843.726 405.164 22,2fj1,051 19,634,720 22 RIC¢Y4CIUATION OF NEf IEXPINDITUREI TO NET CASH FLOW FROM opeRArnO ACTwmE$ 2024 2023 Nel lexpendliuml for the ye8r lthcreaBel In debtorn IDqu8aoel in Cr￿ttC Dep￿1410n 1426.1051 1115.9701 105,0761 2,389 1809,6421 1744.7431 117,6941 1393,9861 4,4K13 11,152,020) 23 TRU8TEES' expEN8E8 No Inj$t•￿ r8munerallon. Trwd won￿6 ￿¢j toth• folltrAlng TN810#.' Arthur R¢èert• £18812023-£847} £25512023. E1101 £3212023- £7941 E4912023. NAI An(ly W Davh# War¢ln Rul O•v Atthey8Brwd. £49 waB OW8d to Ruj Dev. 24 RELATED PARTY TRANSACTIONS M8 D H￿tt, a tru5t88, is Pla¢B StrBt8gy DlrlDr 81 LiveTro(A One who have provSdJ 1n.klnd offlc¢ premkse5 to Ihg lound8ttDn Slnee Janu8ry 2011, Indud8d In thes¢ 0¢￿nIS 91 a £70,00012023.. £7D,0001 value durlno the year. Llvwpoot ONE dso donole4 fun¢1 lo conltjbule to ral Included In Iho8e accoun¢s of £4.84? PC23'. £831. £11.018 12023.. £11.4291 towar118 electrlclty costs pnd £2.449 12023.. £2,B081 toward8 tdephone c£ts. Llvwpod ONE hcld gn¢o¥yment and resmcted furbd8 wlth Ihe foundatkn. The Llwocl ONE ￿daWrnent fund w valued at £2,910,335 ￿ at 31 March 2024. The lun¢ gener8tèa £123,100 12023.. £120.3081 duiing ￿eYear, of whlch £41,16712023." £3B,77fl1 donal&J tty¥ards thè cos of CFLM. wth the balancp transfu￿d lor éi$tributson Ihrough thr resiricied fiJnd. CFLM ractived addilii)n donations to the Llverpod ONE fund loialling £100,000 12023.. £100,000) frorn th8 Westminstor F￿Al￿all¢n and E200.00012023.. £200,000) from Grosvencr Iwlh £50.000 12023.. £50.0001 of th81 amtrunl being transfe￿ed iothe LIver￿xI ONE loundaum endLA¥menll. rhe LiverpoDI ONE funds aw8rded £258,215 thr￿ghoul 2023r2412023.' £219.8961. 25 CONTrIGENT LJABILrriES The reStriG￿ tund ba18n￿ cBrri8d fo￿Anj at 31 Mawth 2024 repr8Wt fund5 avallable due to Ihe lirninq of th8 rw£5pt of gmt funds and thdr diStrfbuO￿. The ccndlUon5 4tt8chTng lo IhE funding stre8m5 are such that Ihe balances ￿present income hr the ye8r a5 defined In the CharitseB SORP. 26 POST BALANCE SHEET EVENTS There a￿ no pogtbalance Sheet eV8nts. 27 MEAIBERS. UABILir< 38 The ch￿ty ts a private company Ilmited by guar8ntee ccnsequenty does not hg¥e shere capiw. The rnembèrs are liable ID ￿￿t￿l￿1t￿ ma￿￿￿M of £1 each tryrdrd$ th6 Bssets ofthè charlty In the went oflhe t￿MpanY bein9 wtyjnd up.

COMMUNrrY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCiAL STATEMENTS FCIR THE YEAR ENDED 31 MARCH 2024 COMPARATIVE RESTRICTED FUNDS (GROUP & CIMPIIY) Aat 1 Aprll 2022 Mo¥em8nt In RMouve•8 InGomlng Outgolnq Galn8 & Trnn¥l•rn 31 March 2023 23 Foundat AGC lI￿rP￿1 F￿ndation Fund Ajdridge Foundalion Ajfred Sh8w Tru8t Fund Ann and Ray Ith88er Fl￿ndation Bemie FlemirvJ Lung Cancer Foundation BHP Billllon Fund Bfj In8Wr8d 8u51n855 AtwardB FouTrJdon Blg Local Trust Bo¢¢hwoo Local Trust Northw￿1 Blue Sky Foundab'M Fund BRC- Ukralnl8n SuppJrt Fur ridg&builder Foundation Cells ChoritAblè TnJ&t Fund CFLM DIBcxelionary Fund Chrfslal Foundallon R8NBnu• Fund Chrtilna Ann FoundatlLJn CommunItyCa$hb￿k Fund Dulrton Tru$1 Fund FLWJtball for ChwrvJ• FPC FoundatlDD FUTr Gorne bank TwBt HBlton FeJnd8b"on H8tton ChBmbor of Commèrc• It(ffi FC￿nd8￿0n- l(nloht• HDua• H8lton Found￿1)0 Fund Haiion Foundalon Widne8 EthIc8￿On Fund Her Molasty The Queen A811rwm Jubllee Fund High Sherlff & ￿r8e￿de PollcÈ Fund Hill DkklnBon Fund Home Slwt Homa Fun¢J Hunloy & Palmern Fund InvostsG Weahh & In￿Strn0￿l Fund Jap•n488 Tsun￿1 F￿d John Gts)r• Book tokw6 FuThJ Jehn Goya Trngl Fund J¢hn Lalng Ch#rfiable TruBI Fund Jcseph Harfey Fund Know Your NeWix)ur Fund Kno￿TI￿Y Fwndadon Fred Curron Ra¥eN• Funo Know81ey Foundation Fund Kno￿￿eY Huylon wilh Robyww Dl$tro58 Through Fi Lancashlre Gvmmunity In¥ostmenl Fund L8ncaslgr Fc¥Jndalon Fund Lanc85hire FlorY Recowry Fund ILBnca8hlrel Lanc8shlr8 Flooj Recowry Fund (Generall L8ncashlr& FIocpJ Reco%w FunLI IWyre} L8nca51er Community FuTrJ Lagt Choir Singing CrmmthtyFuTrJ LCR Care8 CommurrityWe8tth Buildlng FUTh LCR Care8 Mental Hea#h & Wellbeirvj Fund Le8hy Foundatlon Fund LI￿rpD￿ ONE CoQrdlnotor costs Liwwpc¢4 ONE CYPMW Pwramme Two ONE CYPMW PrDactiw FuThJ LiwrpcKI ONE Fujndaiion Fund Lherpocl Tenn15 FoLmthlth F￿d Balanc• corFi•d fornard 79.825 2,421 1140.9451 (12.2361 42.890 20.884 745 9,03e $7,188 45,717 2.151 11.091 6.175 44,210 990 951 10.560 1.953 18,330 42,568 63,117 6,581 11,489 3.101 72.307 74,Q97 135.243 11.71D} 117.400} 1S,OJOI 110,9981 570 10.6 3,074 96.342 68,119 1124,41391 1103,22ei 185.960} 139.eoo} 47,688 39.6C¥J 1.608 18,014 7.098 14,600 2,748 100,000 11.e09 150,358 1.eoo 14321 13.6B31 4.261 33.926 12,2941 132,5501 12,7001 1109,2411 15.976 10.IYJO 759 407,951 19.792 IZ2,4301 118.64UI 35.879 240 4839 1.0 34320 5,513 4A36 uo 4,188 5,830 34,525 9,978 4.096 67.649 9,489 3.431 1.927 47,150 1,730 1.101 400 8.202 I1,￿9 17,Q62 671 1.051 6.572 2,418 340 129,8001 21,164 15.753 15,B19 15.7771 16,8791 146.6751 138,7921 140,7501 11.9401 148,0591 13,3eOI 16,056 23,351 917 1.788 1,637 1,101 400 14139 10,200 18.615 S6 33,200 (14.8831 (34,9891 16971 1135,3331 20,764 2.2YJ 135,333 4.3Q7 2.708 1,813 20,563 93Z 576 3,284 2,324 15,412 74 117,4701 135,0001 10,349 35,Q74 148,1521 3Q,961 17,191 57,597 30,961 17.191 4528 3,179 I22,￿0) (go,￿0) 1140,DJOI I25,c￿j) 117.5191 I156,4￿) 140.0ts) 46.585 19.336 g11WJ 5.019 13286 752 88.368 18.QOO 139,[ 69.953 19.B17 78.700 5.019 105A52 252 1,434273 266.897 (45.8871 150D} 11,673.01n {67.8241 1.302,020 1,430.618 375.652 39

COMMUNITY FOUNDATIONS FOR LANCASHIRE AND MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ov•m•nt in R•Bour Inc<>ffllng Outyolng 141rf12022 Trnn•f•rn 31 March 2023 l•nEe brought fon¥ord MBrk ￿cQueen Founda￿On Icornbinedl Fund Masonlc Chwltable Found8tlon Fund 1.301020 11.597 1,430.61B 11.873,0171 133,6381 131.5001 375,652 21.472 1,4352n 2.071 31,5CKI 5.898 20,149 52,916 2.788 2,047 12281 27246 210 7,945 10,882 45,662 MWSO￿ld6 Communlty In￿lmEnt FuThl MJB Fund Kynwlum Found8Uon PIVRP Sputs, AA5 and Culluro Fund Natlonwldg Found8tlon Fund NHS Ccrfnmunity P8rtner8hlp Grant Fund Old￿8 Rae Foundo￿on Fund Pe81 Port& 500 Fund P6ndl& frjuslc Buruary Fund PHP SodBI Pr85crfblng Fund Pr8Bton New Ro&J Comrnunlty 8Bnefit FurKI Prr>arfrBs HDuBing Ae8ODg￿Dll Lirnil•d Fund Rad Rose Re¥pDndlng Fund Ro••4ndal8 CommunityFund R088ltw Foundatlon Fund Ruffll & Rl8hl Fund RWE Imowy UK Ltd H6m•ldon Hlll Seftgn MBC Educ4tlon & Legrnlng Sèfton MBC TO￿or Fund Shoollnll Star? Foundauon Shop Dlr•Gt Fund St Chrtutopho￿ Truil Fund ¥Ang Wlnt8r LBncashlrq ng Winlar hthr$•￿IdO The 8x8 Foundation Fund ThB Fredmill Tmsl Fun¢J The Lanca$hlM Wom8n& FUTh Th• Morsd8n Bulldlng Soclety ¢harltabl• Fowd•ll¢ The Plw8ah8lde Wom8n8 Fund Th• Wlndle Utd Fund Tllneylnw¥lm•nl MBnogem•nl Fund UKCF Cornunltlea In Crf818 App9¥1 Fund WO Str8el L￿n￿ShITe Fund WO Str•el Mers8yAiOe Fund Youth 01￿1¢n Fund othur Fund* 077 129,62EI 134,50QI 4￿.492 37.927 409.942 1495,4B21 I37,￿7> 1409,9421 3,228 16,718 15.853 1,081 1,160 9,823 16,87B 125.47el 165.2501 I12.6￿) 14,5451 141,5651 14,5001 121,D821 85,250 55,579 36,744

.887

1,169 10,611 43.268 25,41S 19,110 909 42,9 41,063 8,974 1,9JO 9.e64 29,800 5,261 10,471 1D,284 10,842 53.640 14,S97 111.7041 12,75UI 6,886 228 23331 1,137 13,4521 3.453 124,e011 124.1011 1,248 1,5C ),wo 190,0001 11,398} 143 30,080 30.00) 7,430 38 8.￿$ 16,W8 (5,4801 12,5001 119.0501 156.2081 153,3701 11,4701 1153,2101 3.100 19.335 1•,23J e4,208 56,171 13,412 38,410 8,591 41211 154,210 1,000 14,006 1,843.726 14,¢))5 1,747,265 2.864,733 13,341,249) 572,977 cr)MP*RATNE UNRESTRICTED FUNDS {GROUP a ¢OMP•JIYI l Aprfl 2022 lrtomlng tBolng Trnnsf•r• 31 Mareb 2023 UnreBtrict• 762.849 1748,OB3) 289.290 782,105

COMMUNITY FOUNDATIONS FOR LANCASHRE AND MERSEYSIDE MOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 COMPARATIVE ENDObVMENT FUNDS Ironld) IGR(YJP & COMPA14Y) Asat 1 Aprll 2022 Outgolng an Trnnsfor¥ In¢omln@ Gln• 31 March2023 COMPARATfdE ENDOWMENT FUNDS Pe￿anent End¢)wment Eypendable Endowmqnt 1,203,108 19,000,859 20,203,967 32,262 1.496.264 1.528,526 140.4151 881.288 921,7031 145.13BI 1.130,9311 1.176,070 1,149.816 18,484.904 19.634,720 Perrnanent ?ndowment: Ros8endale Gornmunity Fund Sefton MBC Education & L8aTnlng Trust 4 Other Funds The Chadty ofJohn Gwre 166,594 177,761 211,764 646,989 4.595 4,903 4,6fj4 18,1tt) 17,5411 18,0451 16,7291 118.1001 16.3611 16,7881 17,5081 124,4821 157.287 167.631 202,191 622M7 Expond•bl• •ndrMfm•nt.. 23 F￿nd8￿C Jdridge Foundollon CF EndLwmont Irad Shaw Tnjst BHP Billilon Blu8 Sky Founda￿an Endovment Fund CFLM Dlscr8llon8ry CF Endowrnent CFLM Ganer01 Endtyth•nt Chr18191 Fwndauon John fjoLY• Tfust EndtYTnont R•8•rv• Gorse Bank Tru81 CF End￿men1 Hdtcffj Foundon- Hafton Ch¥mb8r ol Cornmerc• CF I H￿1£￿ Foun(Idon- Knlghts Hou18 Hllcffj Foun(JgUon TTUSt Transfer Fund Hallon Found8ULw Wldn88 EducatlDn EndtrMn•nt Fund High SheriW8 and Mernty91do Pollce TruBt Hil Dlcklnson Foundallon Hunley a PdmeTB Wendable Endrttnnent FuThJ InvestaGWedlh & Inve6lrnanl Endowment John Gcue Trust Josoph Had8y Endowmont KnrIh￿OV F￿ndation Fred CU￿an Endrnwnont Fund KTKM81ey Fourdation Gon•ral EndowrnBnt Fund Lancaihlre Community Investment CF Endtr￿M•Trt Fun. Lanc8shlr Communlty Inv￿lment Endo￿onI LancBShlrn Gener81 Endowrn8nt Lancthrcommunlty Endtr•Th•nt Fund Lanc881er Foundauon Leahy F￿rndatiOn Llverpoc4 ONE Fwn¢JgYr Mark mCQu￿n Foundalon Ccmbln Med1¢￿tt CF Endl￿ment Medlcash End0¥Th8nt Fund M8r8eyaldg Crynrnunity Invostmonl MJB Fund Mrynenlum Foundguon Endowment Fund alvla Raè CF Endo*rn8nt Other Endthyment Funds Peel Port8 500 Endwnent Pendle Ywng Musirians Bursary Progress Housing Rumfj and Rishl Fund Tho R055rter F8mily Fund Seftcffi MBC Arthur Taylor Fund EndcwThent Sefton MBC EduGational Trust Fund EndowmBnt Shcp Direct CF Endowment St Christopher5 Trnsl EndowmBnt The Cell8 ChBritsble Trust Th& Mar8den Bulldlng Soaety Charftabla F￿ndat￿Tr TheWlrKlle United Fund Tllney knvestsnpnt manag￿ent WO Street L8ncashlre WO Slre8t M8r6eyslde 1,313,555 63,565 525,949 324,593 1,739.419 113,235 23,461 1,024,066 18,994 21,831 33,430 451,419 151,311 23.359 856,092 533,969 67,648 50,126 347,390 68,904 64,010 39,597 8,341 5.485 19o,e34 41,312 1,141,048 1,212,851 2,855,435 697,975 1.527 61.266 340,600 847.045 6466 34.177 13,117 35,531 310,377 302,070 334,553 320,661 6.969 38,353 111,832 28.017 l.T55 14.511 6,923 37,290 3,125 501 21,832 {e5,2531 12.8351 123,5881 116,1281 173,4351 15,0621 11,1e61 101.5711 195,1441 12,4261 120,0751 123,511) 1126.4781 14.3211 11,6991 174.1601 1.181.175 60,059 49I797 291,877 1,078,796 lo6￿77 21.097 920,177 111.994 20,fj27 31,517 434,337 148AaS 22,47S 596,431 502.021 60,642 45,074 312.377 61,9YJ 61,588 803 922 12.fj29 4,233 653 14.683 14.172 1.441 1.088 7.409 1,4eg 1,791 1,109 1,041 117 4,088 881 31.488 30.317 120.308 14,887 42 1.307 7.73fj 19.18g 138 19741 11.5091 112,6291 14,2331 18531 131,8e51 122,4521 13,5531 12,4901 117,280) 13.4231 11,7911 16331 11.2701 117.0821 15,7261 18841 142.6591 123,6681 14,8941 13,6301 125,162} 14,9911 12,4221 11,4881 13181 13981 113,8081 12,9921 143,5421 163.517} 1180.2381 150.5571 15BI 14,43BI 122,0801 155,2131 14891 11,3041 11,1831 (2721 19,4711 12,OS31 (50,89ei 15e,75CI 1132.9091 134,6781 1681 13.0441 116,se21 7,881 4.•32 171A21 37,1 1,078,098 1.122,901 627M27 1043 55.091 309.6 769,902 5,815 32,251 13,117 31851 293.186 271,626 316.096 288.342 6267 11,5641 758 8.564 6,443 9,232 6,839 148 817 11,7f 51 113,9091 1%5,0081 114,9231 115,9311 13461 11.9051 15.00a1 IB.2281 13,6651 11,1681 15,9571 (28,0391 15e,5481 12.5731 111,8461 121,8801 112.7861 123.2271 15041 12,7781 142681 19,1821 14,9571 1,973 18,057) 123.971) 187.7491 117.6871 105,650 561,723 126030 416352 204070 593A66 1mO,162 219.14B 679,131 3,665 414,445 5.957 17,335 130,987 212,927 628,141 1.210,615 244,641 5,205 20.203.967 1 528,S26 19.634.720 41