ReEi.stci'ed C.IIAI'lty Niimbei. 1071026
The Gen Foiindation
ALcounts
For the year ended
31 December 2024

Tlie Geii fi oi]Ii(IAtion
Accoiiiit8
Yeai. en(led 31 Deceiiibei" 2024
Cunteiils
Pfige
orriLei's & professioiial advisois
Aiiiiiial I'ei)oi'l of the Ti'iislees
Ii)depeiideiil exai))iiiei s repoi'l
Sialemenl of Financial Aelivilies
Balance Sheer
Notes lo tl)e accoiiiits
7-10

The Gen fi oiiii(latioii
Officei"s & Pi'ofessioiial A(Ivisoi's
Yeai. ende(131 Decejnbei. 2024
Ailili'tss
33 Con)liill
Loiiduii
EC3V 3ND
Ti'ustees
Di. Y Shiiiiizu
Mr J S Riclie5
Mrs S Farr
Gibson Booil)
New Coiii'l
Abbey Road Noi'th
Sliepley
Iluddei'sfield
HD8 8BJ
Soli¢itoi's
Witliei's LLP
20 Old Bailey
Loi)don
EC4M 7AN
BHnlcei'5
Barc18ys Bank pl¢
212 Regeiil Sti'eet
Loi)doii
W128GG
Iiivcstiiieiit
Evelyn Pai'lnei's Groiip Liiiiiled
40 CJl'esliai)I Sii'eel
Loiidon
F.C2V 7BG

Tlie Gen fi oiiR)datioii
Aiiiiiial Repoi't nf tlie Ti'iistees
Yeai. en(le<l 31 Decembej. 2024
'riie Tr1151ees liav¢ plea5Lire iii pi'esei)liiig Il)eii' repoi'l and thc finaiicial slalenieiils of Ilie Cliarily foi. Ilie yeai. ei?ded
31 Deceiiibei. 2024.
Legal .statiis
-rhe Cl)ai'ilable Ti'iisl was establis1)ed by deed daled 18 Jiiiie 1998 aiid Wi15 regisleiEd with the Cliarily Coniii)issioii
on l 4 Augiisl 1998.
Objcctives of Ihe Clini'ity
Tl)e pi'incipal objective of the Chai'ily is Ilie idvai)cenienl of ediicalioi) via Il)e pi'ovision vf giants, scliol8is1iii)s,
l)Iiisories or awai'ds lo the sliidei)Isli'eseai'chei's to enable Iheii) lo sliidyli'eseai'cli natural scieiice, ii) pai'li¢iilai' Food
Scieiicesrrccliiiologies.
Tl)e Ti'ustees 11)ay also apply Ilie Iriisl fiinds towards the fiii'iheraiice aiid piDinolion of Rny oil)ci' excliisively
¢hai-itable ot)jecls aiid piirposes iii aiiy pirl of the world as they see fil.
Oi'gaiiisxtioii
Tlie Ti'u%lee8 Ineel twice a yeai. and decisions ele deterinii)ed by a sin)plc Inajoi'ity. The powei. of appointing iieiv
Iriisle&s is vested ivilli Ilie Boai'd of Ti'uslees and iievv Ii'uslees cai) be appoiiiled at aiiy liine.
I'i'iistee Iiiductioll and Ti'aiiiiii
Neiv trustees aiE bi'iefed on theii. legal obligalioiis linder cliai'ity aiid coiiipany law, the coi)lenl of Il)e cl)ai'ilable deed,
the biisiiiess plan ai)d receiit fiiianeial performance of Il?e charity. Ti'iislees are ei)eoiiraged lo alt#nd app¥oprihte
exlei-i)al Iril111ing evei)Is wher¢ these will facililale the underlaking nf the role.
-I'i'iisl iiioi)ies i))ay be ii)vesled al Ilie Ti'uslees, disei'eiioii aiid wiilioiil limilalioii. I'lie Triislees air also eiiipoivei'eil i()
appoiiit iiiveslnies)l advisors. Ii)veslin¢nl i)olicies al'e I'eviewed al least 01)ce a yeai..
Revieiv of Activilie
Iii FY?024, Ihei'e ivere 25 appli¢aiils, arid we awaiyled gr¢2tils to 2 r&seai'chers.
Tlie investinei)l alllOLiiII has inci'eased by approxiiiialely 6.54/0 as of Decembei. 2024. coinpai'ed to tlie pi'eviou5 yeai..
'riiis reflells a i)ositive reliirn aiid steady groivih ovei. Il)e period.
'I'lie 2025 applicalioii period slai'led on l Noveinbei. 2024.
riitui'e (levelopiiieiils
11 lias beeii observed that ilie niimbei. of applicants has Iiot iiicieased, pai'licii1411'ly iii Ilie aftei'maih of Il?e COVID-19
pan(leinic. While attracliiig a lai'ge voliiiiie of applicants 1.8 1)ol oiir pi'iinaiy objective, we I'einaii) coii)Iiiitted lo
eiis111.ing that Ilie pi'ogi7117 I'eiiiains llccessible and appealiiig lo I'eseaiil)eis. Oi)¢ poleiilial factor coi)Ii'ibiiling lo Ilie
liiiiileil iiilei'esl lllc1y be I1)e I'elalively iiiodesl grai)t ai?ioiinl8 ciii'ici)Ily listed 011 Il)e website, Ivliich are eonsidei?bly
loi¥ei' thai) Il)ose offeied by othei. foiiiidalioi)s. Fiirtl)eriiiore, these figiiies Iiave Iiol beei) adjiisled lo refleet ii)flalion
i)v¢i' the past decade. wl)icl) Inay fiiriliei. diiiiiiiisli Ilieii. perceived valiie amoi)g i)1'0spec(ive applicants. To address
Il)is issiie, Ive pi'opose revisiiig Il)e gi'niil raiigc fi'oiii tlie ciii'reiil £.f 00 to £5,000 lo a iiew I'ai)ge of £2,000 10 £1 0,000,
effective fi'oin tlie iiexl fiscal yeai.. Tliis cl)aiige slioLII(l also be I'eflecled oil Ilie foiindalioii's iyebsile. 11 is believed
Ilial Iliis a(ljiisliiieiil will eiihailce tlie pi'aclical vallie nf oiii. siippoi'l aiid attracl api)licants froii) a bioader pool of
pi'oiiiisiiig IEsearcliei%.
As we coiisider ii)Ll'easiiig Il)e grant 111110111)Is, il is iinpoi'lniil lo cai'efiilly I'eview each ai)plicatioii to eiisiiie that il
iiieels OLII. Cl'ltei'a and is fl'ee fi'oiii deficieiicies, Mainlanii)g a I'igoioiis aiid Iiaii%i)ai'ent evaliialion piocess is essei)lidl
lo eiisiire Il)4t f(Iiids al'e (lisli'ibiiled sti)i?roi>i'ialely aiid lo upliold il)e ci'edibilily aiid effe¢liveiiess of oiii. foiii)dalioi).
As i)ai'l of oiii. eFfoi'15 10 51iyiigtlieii the s¢lection process, Nve al'e coiisidei'ii)g Ilie incoi'poialioii of A I lecliiiologies to
a551St ii) caiididalc sci'eeiiii)g. Wliile this appi'aoeli i))£ly 111)pi'ove efficiei)¢y> ive ackiiowledg7¢ 11)o1 Iliei'e aiE slill
"oiicei'iis regai'diiig Il)e IiieihodoloLS1 aiid I'eliabilily of siich Sysleiiis. FLiiilici' cai'efiil evaliialioii will be i)ecess1c I'y

Tlle Geii fi ouii(l#tion
Aiiiiii¢ql Repoi't of tlie Tj'ustces - coiitiiiiie(I
Yeni" eiiileil 31 Deceinbei. 2024
ri Iitiii'e develoi)nients (conliniied)
Ailditioiially, ¥viili Jolii)'% plaiiiied Icsignalioii fioni the board iii April 2026. it is esseiiliRI foi. Ilie foiiiidRlioii lo
ideiilify a siiilable siicccssoi. Riid coinplele Il)e iiecessaiy Ii?nsitioii i)ro¢e(IuiES wiil)iii Iliis cal¥nilai' yeai,. Takiiig
liiiicly aclioii will ci)Slll'c a sinootl) l)ai)dovei' aiid Inaiiilaiii Il)e effecliveiiess aiid coiitiiiiiily of Il)e boHI'd's opei'alioiis.
Ilesei'ves
11 is Ilie iiiteiilion of Ilie cl)ai'ily lo iiiaii)taiii iiiii'esli'icled funds at a lev¢1 lo cover tlie wind dowii of Ilie charily, pIIis
its geiieral I'uiiiiiiig costs. for Iwelve ii)01)ths.
Risll IilllllRgeiiieiit
Tlie .1 rii8tees havc ass¢ssed Ilie Inajor risks lo wl)icli the cliai'ity is exposed, in pai'liculai. 11)ose I'elaled lo Il)e
opei'ati()iis aiid finai)¢es of tlie Foui)dalioii, aiid aye satisfied that syslenis ai'¢ ii) place lo niiligale Ilie exposui'e lo
Ti'iistees
Tlie Triislees wlio sei'ved Ilie Cliarity diii'ii)g Ilie period weye as follows..
Di. Y Sliiii)izii
Mi. J S Richcs
Mrs S Farr
Signed oil behalf of the Boai'd of I'viislees
Mr J S Riches
TYu51ee
Dale..
..PA¥...*.(é... '2J-

'riie Geii r(oiiii(latioii
lii(lepeii(leiit Ei xaniiiiei's, Rcpoi't to tlie T)'Iistees
Yeai. en(le(131 De¢embei' 2024
Icp()I'l lo Il)e cliai'ity Ii'iislees 01) Iny e.xainiiialioii of Ilie ac¢oui)Is of Il)e charity foi. Ilie yeai. ei)d¢d 31 Deceinbei. 2024, whicli
air sel out nil pages 5 10 1 O.
Resi)cclive I'esi)Dn5il)Tlities of Ti'ustees aii(l XRIiiiNer
As Ilie chai'ily's Iriislees yoii arc responsil)le foi. the prepai'ation of Ilie ac¢ouiils iii accoi'dance with Ilie I'eqiiireiiienls of Ilie
Cliai'ilies Act 20111'il)e Act,)
I iei)oi'l iii I'especl of iiiy exan)iiialioii nf the cliai'ity's accoiinls cai'i-ied out Linder Seclioii 145 of the Act ai)d in cai'iyiiig out Iny
eyaininatioii I l)ave followed all the aiJi)licable DiiEclioi)s giveii by Ilie Cl)ai'ity Conimission undei. sectioii 14515)(b) of Il)e Act,
lii(lependeiit xainiiiei s StRlenieiit
I Iiave coiiiplcled my exaii)inalion. I confirin that 110 tntilei'ial matteiy have conie to niy attenlioi) ii) conii¢clion with the
Lxainii)alioii giviiig iiie cause to believe Iliat iii ei)y i))alerial respecl..
accounliiig recoi'ds wei'c iiot kept iii I'espcct of the cliarity as requii'ed by seclioii 130 of the Act. oi.
2. Ilie A¢counts do iiol accord witl) those recurds, or
3. tlie Ac¢oLinls do iiol coinply will) Ilie applieable ieqiiireinents conceii)ing the forin aiid conleiil of acLouiils sel out in the
Chai'ities IAccoiii)Is and Repoi'lsl Regulalion5 2008 oihei. Ilian aiiy reqiiiirineiil Ilial Il)e accouiils give a 'li'ue aiid fail. view,
vhich is iiot a mattel. consideied as pai'l of ali indcpendeiil exainiiialion.
I l)ave no concerns aiid have coine acyoss 110 oihei. matters in coi)i)eclion willi Ilie exaniiiialioii lo wl)ich adenlioii should be
di'awi) in this report iii ordei. lo enable a proper ui)dtrslaiiding of the aceoiiiils lo be IEaclied.
(L￿£ S
ALISTAIR RUSSELL FCA
Iiidependcnl Exaiiiinei.
For and on belialf of..
Ciibsoii Bootl)
Chai'lei'ed Accoliiilanls
New Coiiit
Abbey Road Noril)
Shepley
Hiiddei'sfiel(I
ID8 8BJ

Tlie Cien fi oiiii(lation
StaleniL'iit of fi iiiaiiLial Aclivities
Yeai. eii(le(131 Deeeinbei. 2024
Unresli'icted Expei)dable
Fiiiids
Eiidowinelll
-rola]
Funds
Nol¢
2023
Iiicoille Riid cii(loivmenls
Inveslineiit ii)coi)ie
Bank intei'esl
26,517
2C)U
26,777
26.517
260
26,777
7,865
3,587
11,452
Expeiiditui'e
Cl)ai'il#ble activities
Inv¢sliiieiil Inallagemenl cosls
19,91
12,763
19,910
12,763
25.971
6,624
32,673
32,673
28,595
Y¢t exiiciidiui'e
(5,896)
(5,896)
(17,143}
Othei, i'ecognise(I gAIIIS all(1105ses
Realised pi'ofit oli iiivesli)ieiits
Unre¢ognised pi'ofit 01) iiivestmei)ts
5,368
90,564
5,368
90,564
10,172
66,953
Nel nioveineiit lil fun(Is
{5,896)
95,932
90,036
59,982
RÈenn¢iliatioii of funds
l 0121 fuiids broiigl)t foi'wald
349,476
1,277,922
1,627.398
1,567,416
TotAI funds eAI'R'ied foi'iyai'il
343,580
1373,854
1,717,434
1,627,398
All ii)¢oRie aiid exi)eiidiliire derives fi'oin coiiliiiuiiig <iclivilies.
Tlie slulei))eiil of fii)ai)cial activities iiicliides all gain5 and losses i￿ognised iii tlie yeai..

Tlie Geii FoiiiidAtion
BAlance Slleet
31 Deceinbei. 2024
2024
2023
Noie
rixed as%el8
l-¢?iigible af%els
1,691,899
1,691,899
1,581,954
1,581,954
C.'ui'i'ent asset.8
31,055
50,484
Ci'editoi'.s.' Ainoiiiits fRIIiiiR due
IVTtliiii oiie yeai.
5,520
5,040
Net eiii'i'ent assets
25,.$35
45,444
'rotRI asse15 le.%$ ciii'i'eiit liRbililles
1,717,434
1,627,398
Fiiiids
Fxpei)dable endowmei)t
Iiieome
Uiii'esli'icled
1,373,854
1,277,922
343,580
349,476
TotAI cliAI'ity fiiii(Is
1,717,434
1,627.398
ri)ese financial st1( teii)¢nls iveie ai)pi'oved by tlie boai<l of Ii'LlStees and auilioi'ised foi. issiie on.
202+
Di. Y Shiinizii
¢%¢l 2t
Mi. J S Riclies
Mis S Fail

Tlie Geii fi oui)datioi)
Notes to tlie Accoiiiits
Yeat. en(led 31 Deeeinbei. 2024
l Genei'al liifoi'niation
Tlie Gen Foiii)dalion is ali iiiiiiicoi'poi?ted chai'ity I'egislered iii Ei)gland & Wales. The address of Il)e prii)cipal
office is 33 Coi'nhill, Loi)don, EC3V 3ND.
Tii¢ Fuundalioii coiistitLiles a ptiblic beiiefit entity as defii)ed by FRS 102.
2 Slaleineiit of coini)IiAMce
Tli¢ financial statements have been pi'CPdre(l iii accoi'dai)ce iviil) Accoiinliiig and Repoi'ling by Cliai'ilies..
Slatemei)l of Recoi)Iii)¢nded Practice applicable lo cliarilies pi'epai'iiiE their accoui)Is in accoi'dance will) the
Ilie Finftncial Reporting Standai'd applicable iii ihe UK and Ilte Repiiblic of Irelai)d iSSLieil iii Oclobei. 2019,
the fin8iicial Reportiiig SlaiidaY(l applicable in tlie UK an(1 Rei)ubli¢ of Irclai)d (FRS 1021, the Cliai'ilies Act
20 5 l and UK Gei)ei'ally Accepted Accoiinling Prdclice.
'l)e significaiil accouiiling policies applied ii) the prepai?lioii of Iliese fii)ancidl slate5neiils are sel oiit below.
These policies liave been consisilei)IIy ¢1pplied lo all years pieseiited unless slated otherwise.
3 A¢eoiinliiig policTe8
Basis of pi'epAI'Atioii
The fii)ai)vi#l slatemei)Is l)ave beeii pi'epared on i going coiicei'n basis and iii)dei' the 5iistoYic cost eoiiventioii,
as ii)odified lo iiicliide cei'laii) itei))s at fair valiie. The fiiiancial slateiiienls are prepaied iii sterlii)g, whi¢li is
the fiinclional cui'reiicy of tlic ei)lity.
Goliig concei'ii
There are no iiialei'ial unLertaiiilies aboiil Ihe cliarily's ability lo coiilinue.
ruii(l Accountiiig
Fuiids lield by the chai'ity air..
Uiii'eslricled fiiiids Iliese repi'esei)I those resoiirces whicl) Inay be used Iowtii'ds Inecling ai)y of tlie objects of
the charity al Ilic disci'elion of the Ivuslees.
Expeiidable ei)dowii)eiil - Iliis repi'esenls iiiii'esli'icled funds, bill whicli l)llve beei) iiivesled 01) a loiig lei'i)) basis
lo piodiice incoine aiid cai)ilal gYoM¢h. Tliei'e is iiD actual I'eqiiireinemt lo spend or apply Il)e capital iinless, oi.
111)til, the trustees decide lo speiid it. Thei'e is no Yeslri¢tioi) 8S to the iise of the iiicoine dei'ived fiDm the
Iiicome
Inveslmeiit iiicoine is eai'ned Ihioiigh holding a%sets for iiivesiii)enl purposes ai)d includes dividei)ds aiid
inlei'esl. Whei'e it is i)ot pi'aclicRble lo ideiitify iiiveslmct)I Iiianageii)enl ¢osls inciii'red wiiliiii a scheine iviih
I'easoiiAble accui'acy, the investineiit iiicoine is rei)0i'led nel of these cosls,
Foi. doi)alions lo be I'ecoEnised 11)e cliai'ity will liftve beei) notified of tlie aii)oiiiils aiid Ilie seltlen)enl dale in
wi'iliiig. If Iliei'e al'e coi)dilions attached lo Ilie donation ¢ind Iliis I'eqiii¥es a level of pei'foi'inai)ce before
enliileiiieiit cai) be obiaii)ed Iliei) ii)come is defei'red iii)lil those coi)dilions al'e fiilly Inet or Ilie fiilfilmeiil of
those conililioiis is withii) Il)e coiiliY)l of'ihe ¢hai'ily (111d it is piDbable Ilial Iliey will be fiiifilled.
I xpeii(liliii'e
Exi)ciidiliii'e is iiicliided oli ali acci'iials basis, iiicliisivc of VAT.
Liabilities li'e recogiiised as I'esoiii'ees expended a5 sool) Is Iliei'e is a legal or consli'iiclivc obligalion
coininittiiig Ilie chai'ity lo Ilie e.Yp¢iidiliii'e.
Cl)arilablc doi)atioiis are payineiits to third pai'lies iii Ilie fiii'il)eraiice of Ili¢ ¢l)ai'ilable obje¢ls of Ilie
Foiiiidalioii. Doiialions al'e accoiinled foi. when eiil)ei' Ilie I'e¢ii)iei)I jills a I'easoiiable expeclalioii Ihal 11)ey will
receive a doiialioii ai)d Ilie Iriislees l)ave agi'eed lo pfiy Ilie doiialiuii wiil)otit coiidilioii, oi. Ilie iecipieiil l)a£
rcasoiiable eypectlc lioi) tlial they will I'eceive A doi)atiOl) ¢oii(lilioii atlacliiiig lo Ilie doiialioi) IS OLII.side
I1)e eoi)Ii'ol of Il)e foiiiidalioii
Gov¢i'iiaiice costs coii)Iii'ise ¢osls for Ilic I'iiiiiiinLT ofil)e cliai'ily itself as ali oi'8ai)isalioii.

Tlie Geii fi oiin(latioii
Notes to tlle Accoiiiit8
Yeai. eiide(131 Deeeinbei. 2024
3 Accoiiiiting policles {ennlliiiic(l)
Tfiiigible Assets
Taiigiblc assets al'e initially recorded 91 cost, and siibseqiiei)tly slated al cost less any acciiniiilated depi'eciatioii and
111)paii'inenl logses.
Dei)p'eciniloii
Depi'eeialioii is calculated so Hs to wi'ile ofTihe cost oi. valiiMlioi) of ai) asset, less Ils residiial value, ovei. Ilie iisefiil
ITivestinciits
Listed iiiveslmei)ts are n)easiired al fail. valiie. will) chai)ges in fair value being recogi)ised iii the Sialemeiit of
Financial Activities.
4 ClIMI'ilAble xelivilies
2024
2023
Ediiealioiial awards lo iiidividiials
Offiec costs
Travel expenses
ndepei)denl e,¥aniiiici's fee
Leg81 & pi'ofessional tees
9,000
4,829
12,000
3,891
233
3,600
2,247
4,5C)O
1,440
19,910
21,971
S Taiiglble fiyeil H5sels
Coiiipiilei.
eqiiipniei)I
Cost
Ai i Jaiiiiaiy 2024 & 31 Decetnbei. 2024
1,249
Depi-eciAtioii
Al l Jaiiuaiy 2024 & 31 Deeeinbei. 2024
Net l)ooli I'¥liie
At 31 Decciiibei. 2024 & 31 Decembei. 2023
1,249
The closii?g i)el book value I'epiesenls assets iised for geiiei'al 1nan8geiiieiil aiid admiiiislration.
6 Iiivesliiients
Mai'kel
viliie
2024
Market
valiie
2023
Cost
2024
Cost
2023
Listed iiivesliiienls
Casti Iiel<l oli deposit with Sfockbiokci.
Total ii)vesliiienls
1,527,802
15,812
1,676,087 1,502,280
15,812
12,720
1,569,234
12,720
1,543,614
1,691,899 1,515,000
1581.954
All iiivcslii)eiils al'e Iield a1 valii¢ilioii. Tlie foir valiie of Ilie lisleil ii)veslinenls is Ilelei'i)iii)ed by I'efereiice to Ilic quoted
pi'ice foi. idenlicHI asscls 111 ali aclive iiiai'ket on the balai)¢e sl)eel Ilale.

Tlie Gei) fi oiin(lation
Notes to tlie Aeeouiits
Yeai. Liiided 31 Deceinbei. 2024
7 Cliaiigc iii InAI'liel Vi?liie of Iiiveslniciits
Mai'kel valiie al l Jai)Llary 2024
Addilioiis ot'qiioled inveslmenls al cost
Realised gail) 01) sale of ii)veslnieiils
,581,954
345,568
5,368
3,092
(334,647)
90,564
Proceeds fi'oiii sale of iiive%lnienls
Gaiii on ii)vestiiieiils
larkel valiie al 31 D¢¢eiiibei' 2024
1,691,899
8 Ci'editoi's
2024
2023
Acci'iials
5,520
3,040
5,520
5,040
9 Fuiiil reetsiiclliAtion
Balance al
l Jail 2024
Iiicome
Expendilui'e
Gains
Balaiice al
31 Dec 2024
Ui)resiricled fiiiid
Expendable eiidowineiil
349,476
1.277,922
26,777
(32,673)
343,580
1,373,854
95,932
1,627,398
26,777
32,673)
95,932
1,717,434
ljalaiice al
5 Jan 2023
Iiiconie
Expei)dilui'e
Gaii)s
Balai)ce al
31 Dec 2023
Unrestricted fiiiid
Expen(lable eiidowi))eiil
366,619
1,200,797
11,452
{28,595)
349,476
1,277,922
77,125
1,567416
77,125
1,627,398
Uiii'esli'icled fiinds Iliese IEpirsenl those IEsoiirces whiLh In¢iy be Iiscd lowaiils Ineeliiig hiiy of Ilie ol)jecls of Ihc
clicl1.ity al Ilie discrelioi) of Ilie Ii'Lislees.
Expeiid8ble ei)(lowinenl Iliis rei)reseiils iiiii'esli'icled fiiiids, bill wliivli liave beeii ii)ve51ed on a loiig lerin basis lo
pi'odiiee iiieoi)Tre aiid capital gi'owili. Tliei'e is iio acliial reqiiii'¢iiicnl lu speiid oi. api)l)' Ilie capital iiiiless, oi. 111)lil, tlle
lyiistees decide lo speiid it. Tlieie is i)0 I'csli'iclion as lo tl)e iisc Dfil)e iiicoi)ie dei'ived fioiii Ilie capilal.

'riie Geii Fouii(latioii
Notey to the Accoii)Its
Yellj. endc(131 Decembei. 2024
10 Aiidlysls of iiet assets betivceii fiiii(Is
Uiiresti'iLled Expeiidable
Tolal
Fiiiids
Eiidowiiieiii Fiiii(Is 2024
Taiigible assets
Inveslii)enls
Cash ai baiik and ii) hand
Cirdiloi'.8 less Ihaii 01)e year
1,691,899
1,691,899
31,055
15,520)
31,055
IS.5201
1691 899
1717434
Unre51ricted Exi)endable
Total
Fiinds
Fiidowmei)l Fiiiids 2023
Taiigible assets
Iiivestiiienls
Casl) al bank alld ii? hand
Ci'edilors legs Il)aii oiie year
1,581,954
1.581,954
50,484
(5,040)
50,484
(5,0401
1581954
1627 398
I l Ti'ii Ilsllctloiis ivith ti'ustees aiid eoiiiiected i)ei'sons
Mi. J S Riclies is u consultant ii)einbei' al Wiilieis LLP wlio provided legal sei"vi¢es lo the Chai'ily of £nil.
No ITUStee or coni)ecled persoiis received iiiy otlier rerniii)ei'alion or expenses.