NEW SPRINGS UK ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 NEW SPRINGS UK LEGAL AND ADIAINISTRATIVE INFORMATION I*XLin LE115XH NG5 1AP NEW SPRINGS UK copirEpirs 9-19 NEW SPRINGS UK TRUSTEES. REPORT ONCLUDING DIRECTORW REPORn FOR THE YEAR ENDED JI DECEAIBER 2023 (effB(ai¥e 1 2019). ways In 2023. Minth Twn ty peylrq tlvn kn att•rAS ts *e•k4W Ellm Le•lernt4p Sunmlt In NEW SPRINGS UK TRUSTEES. REPORT IINCLUDIIIG DIRECTORS REPORT) ICONTINUED) FOR THE YEAR ENDED 31 DE￿BER 2023 I￿oI1ft9 fomard Into 2024 at tho pos6bi illty rApkntsYJ a thurth in the PA#llarnl& .2024 wlll see (rf ow Minikn kn Traiits. Pastrr ￿•¢. boiry Orda￿ hy Il¥ Elkn NsCAr￿￿ with tt* t￿ik1￿￿j fLYtho Fwnltrrf￿thty Cwttrn. she intwth to wetwe 81 the ernl of %124. at this kMI enswa tw kn thè thnnt af 8 in %%lll be ablè to the thrivs NTXLin MrNknw Mr P NEW SPRINGS UK TRUSTEES. REPORT ONCLUDING DIRECTORS. REPORT) (CONnNUED) FOR ThE YEAR ENDED 31 DECEIIBER 2023 (pc we-AlJ6£) NEW SPRINGS UK STATEMEMT OF TRUSTEES. RESPONSIBIUTIE8 ill cryrtinue kn ri)trth. NEW SPRINGS UK INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF NEW SPRINGS IIK endgd 31 Docwnber 21Y23. R••poMllAihlM •nd b••l• alff•port Ha¥iTrJ •atikfied mywlf that thè IlnvK491 ol w• ncrt rnwirnd lo ￿ ￿dIled Part 16 Df the 2Cth A(a and ara indwrnknt ex*ninaicm, l rnp(xt li resF•(a d my ex•ninotiM Lrf the fjnan(a•l Statements wi•J (￿rt Sec*¢￿ 145 of Ih Ch*ltlos 2011 (Ih8 2011 Ady In cafrylng my oflhe2011A 145 ot the 2011 I cfjnfirni that l q￿[fAd tr) IhD ex*nlnatsM l am o af of IrdraKI IFRS 1(r21 •h￿Ad l)• dr•An in Ihls NG6 IAP NEWSPRINGS UK STATEMENT OF FINANCIALACTMTIES INCLUDING WCOPAE AND EXPENDrruRE AccouKr FOR THE YEAR ENDED 31 DEcaiBER 2023 fund• 2022 .1 S(ll1 79.468 1Q745 376,383 37Q383 84.952 Olher kncaT 10.745 14.W2 13.¢ Totsl Ine•n• ,137 13.(XXI .137 IY65 482.1ffj X788 405,121 6,085 462.185 W.786 6.335 40&121 134.912 865) 128237 1,351 64,016 FuTrJ baknw ￿ 1 J•xwy 1275 6.685 957.910 893,924 891924 Fund at 31 1.(hry8.177 1.0￿.177 1,275 6.665 ￿[,940 NEW SPRINGS UK BALANCE SHEEr AS AT 31 DECEMBER 2023 12 1￿89.761 1.514.858 13 40.961 41.922 43.931 33,312 Cath and kn h?ThJ Tl,243 y•Ar (20.481) (67,870) 9.373 1.832.163 1,524.031 1545.9 1666.(*1) 1,(th.171 957,940 6,885 957.275 1.IM.177 1.086,177 957,940 2Cth, for tho year erKJed 31 2023. a¢AthrK• vith XeL1ion 476. The fim NEW SPRINGS UK STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECalBER 2022 127.316 142226 191758) {188.310) (99.756 (188.310) (18,330} {18. 118.3YJ) •qulvaknts 810 (44,414) 3&312 33,312 NEW SPRINGS UK NOTES TO THE FIMANCIAL STATEIIENTS Cffiip0nie& Ad 2(￿. FRS 102 'The F￿￿ri￿ Slar•Y¥d in thé UK w#1 Rept*lic of lrnlarrf fFRS 10T) aThl the Ch•iUes SORP "Ac(¥Amting RewliTrJ by Clwitso& of Rwtirya Slsrmlord in Ihe UK and R4￿1C d Irelwrtl IFRS 102). loiftidiw 1 Jmry 2019). Th orrty is a P￿IC Benefit Entrty as dBfjrN•l trrf FRS 101 1.3 CIMrti•bh fund• 1A In¢om• NEW SPRINGS UK NOTES TO THE FINANCIALSTATEMENTS (CONTr4UED) FOR 7HE YEAR ENDED 31 DECalBER 2023 T*4lbl• Ilx•d Fre*Kld18nd •KI 11x1 8trftWft kne 6 8trapJht kn• 4 51rn¥JM 1.8 Ca•h and emh •qulv•l•fits 1.9 Fln•ncl•l -10- NEW SPRINGS UK NOTES TO THE FINANCIAL STATEAIEiirs IcopinNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 vfflthln Jw ore nL¢ ¥nt*￿￿J. 11 NEW SPRINGS UK NOTES TO THE FTrIANCIAL STATEMENTS (COIfflNUED) FOR ThE YEAR ENDED 31 DEcaiBER 2023 fund• 318.930 57.453 11X),C 51KJ.189 94,B19 281,564 5(X), 189 374383 f￿dI fund• 14.566 9,298 fimd• l¥nds 2022 10.497 10.497 14,ttWJ 13,IX 27,800 10.745 10,745 14.WJ2 13.L 27.802 10.745 14,800 13.002 .12- NEW SPRINGS UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIIDED 31 DECEMBER 2023 {ContIn￿d> 10.745 I*A 2022 832 136.￿3 17&735 40.W3 131837 173.540 3.1 41.6&1 23,rn1 22.fd9 Pip￿,19￿ & 750 24.248 CatwfTrJ 24248 11.245 13.727 111 Mlssv 14n 6.251 18,837 1423 5,474 10.626 4.475 14,583 1616 1&221 1423 Mlnl8trle8 & 3,810 11,281 3.242 7,307 25.213 4.874 120 1,675 1761 1.195 Dl8dwA•*• & Trnini 3.137 25213 4.764 2,647 Orants to PACE 17,765 17.765 22.229 110 aCti￿ty & Y01.{￿ in th• y•8r 51.319 14.135 179,229 25,149 &652 239.11x1 &370 85.454 %)4,378 13,922 283.751 1.478.075 84,128 7.558 1,569.761 1,454.741 12,Y28 1,614.658 15- NEW SPRINGS UK NOTES TO THE FINANCIAL STATEIIENTS (CONTINUED FOR THE YEAR ENDED 31 DECalBER 2023 2022 40,792 3,139 40.￿1 43,931 2022 551.402 578.353 Pay8bl8 ts om ye 11,416 10,262 666.091 of26 yws. with £487.159 (2022: £513.604) fBIIry tkn m(n fma yearn. 16 Cmdlknm: ameAmt• f*Ukng wlhln y•ar 14 11N16 1.195 7.870 10,262 50.INXI 20.481 87,870 14 545.986 586.091 8.841 -16- NEW SPRINGS UK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 (PACE) 8 cryony that 18 0Th11s * a ct4 iIK paMI KÉrf £2,582 (2022: £1.317) In of d8•11i and PR cix Nvw Swir• UK yothl a £25213 p(r22 £17,7e6) PACE% •MI At31 (6.665) At31 2022 13.C I6.￿) 2023 951.275 $9D.402 (45S.SC#)) 1.CQ6.1TI -17- NEW SPRINGS UK NOTES TO THE FINANCIAL STATEMEpifs ICONTINUED) FOR THE YEAR ENDED 31 DEcaiBER 2023 (Conllnu•d> X422 At31 2022 893.￿24 456,137 (J8.7 951275 Total 2023 At 31 D•c•mbw 2023: T￿dib￿ry assats Cunwrt •Wlithilltle8) Long tomi liablft*• 1.W761 1.569,761 62.4tr2 (545.986) (545.986) I,0￿.177 1,IW.1TI fuiKI• 1.514,658 2.71 (566,091) 1.614,658 9.373 (586,091) Low knn lioNttie• 951.275 957.940 33.312 8.810 41.922 LfAns fallry >•ar (10.2V2) (5e6,Cfj1) (1.154) 20,105 (11,416) (545,986) (543.041) 27.561 (515.480) -18- NEW SPRINGS UK NOTES TO THE FINANCIAL STATEMENTS IcoKllNUED) FOR THE YEAR ENDED 31 DECEalBER 2023 for IM y•W 128.237 4.016 (48,543) 51.>21 127.318 142,228 19-