CUMBRIA COMMUNITY FOUNDATION Report of the Trustees and Consolidated Financlal Ststements for the Year ended 31 March 2025 A Charitable Company Limlted by Guarantee Company number: 3713328 Charity number: 1075120 Cumbria Community Foundation Yearended 31 March 2025 Index to the Consolldated FtnanciaE StotÉments Page Chaimian's StsteFrwt Q>Fwany InformatK)n Tru*ee5' R￿Ort RepJt of I'he Auditors 27 StsleTrEnt of Finanaal Activlties 30 Group B6larKe Sheet 31 Comwy BEda[￿ Sheet 32 Group C3shfloW StstemeDi 33 Notes to the FinarKial Ststemert5 CUMBRIA COMMUNITY FOUNDATION ChaSrnian's Statement Cumbrla C(Mnmunity F(yJndat5on's over-architvJ pwpose is to brlryJ people toge￿ to use thelr expertise, tln* and donatlons to impyove the lives of Cumbrlans aTrJ to make our communitles stronger. We do this by maklTrJ high quality grants In support of our most effeCth￿ charitres arKI communlty cryanisatiors, tsrgeted to ajdress the greatest n*d In county. A remlnckr of our 0jr￿t five-year strategy: Our vlslon: Cumbrla Is a where needs are nrt ard everyone can reth their potenual. Our strateglc priorities: Create positive and lasting charvJe thrO￿h our grBnt maklrKJ Grow funds avaSlable for distrSbutlon We continue to be extremely ambltious In sething to develop and grow our activities 9) that we can adNeve our deslre to make a growing dlffererKe to the people in our county. l am ￿e1￿hted to re￿rt that, d￿ to the generosity of all our don￿S, the hard work, skllls and dedlcatioTr of our fanta51ic team, the y￿nd￿fUl 5UPPXXt of our volunteers aTrJ the work of so many amazing charits'es, Cumbrla Communlty FouTrJation contlnues to award more fundliyj per cBplta than any other Communlty FoutKlation In the UK. Thls Is 9ynething of thich we can all be very pro(Kl. Ttmlng to our accounts I would er￿1￿Je to read the re￿t that prthiides a k)t of detall In terms of many &￿VitIeS In thls financval year. (I will refer to pages withSn thls report below). A brief summary follows: Jncome thls year was an amazirMJ £11.5m - a cOM￿'nation of grant furNls atKI new er¥J(Mment funds The biggest part of ￿r Ir￿ relates to ow flow throLyJh furMIs - CAJr hgge5t flow through funds are Transfomiing West CumlKia futKled by Sellafield Ltd and the Nuclear Decommissioning Authorlty with 5UPtxJrt from some of their supply chain. a numt*r of NHS programmes. UK Shared Prosperity Fund a￿j the DCNS Know your NelghbouthcM)d Fund. A list of some of ttie other flow through acknmties is on page 13. We are dependent on flow through funds large and small - from the big funders to the hundr8Js of peorAe who generously contrlbute to (￿r winter wamith programff In additlon to these furKts we W￿ also able to grow our erKYovKnent furKls by nearty £4m wlth 4 new endowment funds established and additions to a number of existing funds. Our endow&J fijnds stsnd at £32m. Promotion of phllanthropy Is a loThJ-temi p￿)ceSs. Tr harsh reality Is that what V¥t do has never been MO￿ Impcrtant. with the contlnulrvj ￿onoMIC pre55wes of tcxlay we otKe agaln ￿ that the hardest hlt a￿ who are already off. We are tthfore hwely grateful to all our furmjus and su)porters wh) ￿e enabllrKJ US to contir￿￿ to devdop and expatKI our actlvltle CONNECtING PEOPLE WHO CARE CAUSES THAT MAThER Page I CUMBRIA COMMUNITY FOUNDATION Our grant making this year was, again, over £6.8m. A really fabubjs PJtKxlarly 2 years In succession. This comes from a W￿￿e range of sour￿5 (p.10-13). We are hugely indebted to all tFKJse fund FKJlders, flow thrO￿h funders armd IrKlfviduals wh) are collectlvely helping us to support so many charltle5 a￿1 people withln Cumbria. In total, 1138 direct grants were awarded to 718 (￿anISatiOns/￿T￿l1vIdualS (many organisatlons recelve grants from multi ￿e fuThds). We cOntIn￿ to d￿elop our programmauc ￿ant givlng whith Is now a significant p￿t of our grant maklng attivitles. This has become a very iMp￿tsnt ￿pabil￿ ￿1[hIn Cumbria Conwnunlty Foundation. The staff and grant team volunteers are to be coNJratulataJ and thanked for all their hard VA)rk In progresslng thls hlgh level of grants. As Chair of the board of Cumbria Community Foundation, I am pleased to Introd￿ our accounts for a very busy and successful year. It is a great privllege to thair an organisation that has responsibllSty for directlng the charltable gifts of so many klrKI and generous people and organisations. On behalf of all Trustees, I record (￿r thanks and wamE5t appreaation for their SUPPC*t and trust In CCF. In this challengiTrJ world In which we Ilve, all the volunteers and staff at Cumbrfa Community Foundation ￿rnaIn commltted to suppjrtlro the people of Cumbria through the very many wonderful tharltles thrO￿3hOut our county wh) are really making dIffe￿￿e for so many people lfving In challengiThJ arKI dlffiwlt orcumsiarKes. nally, thls Is my last Chalrman s reFK)rt as I compl&e my maxlmum 9-year term. In that time the programmatic approach has really developed, grant glving has massively increased, and our er￿lowment has grown very sonificantly. So I W￿ld Ilke to finlsh V•ith a heartfelt personal thanks to all of our worKIthI Iklnors, large and small, to our fantastlc staff and volunteers who ensure the funds are put to good work and to the IOOO'S of inspirlng people who work and volunteer In the wide range of charitsble organisations that I￿p so many peq)le and undoubtedly hdp to make Cumbrla a better pl￿. Davkl Beety- thaErnian CONNECTING PEOPLE WHO CARE WtrH CAUSES THAT MATtER Pèje 2 Cumbyia Community Foundation Yearended 31 March 2025 Key Infonyjation AMBASSADOR&' Lord Bra93 of Wlfjton DL Mr laines Cropper KCVO Mrs Claire Hensman CVO Mr Peter Hensman DL Lord lTrJlewootE DL CHAIRPW4 Mr D G Beeby DL VICE-CHAERMAN Mr K Wash HOIYORARY TREASURER Mrs A John5lon COMPANY S£CRETARY Mrs X Ma(knark TRUSTEES: Gro¢Jp A (See page &8) Mr l Jthnson Mrs G B Marrlott Mr K WB15h p B (See paJe 18) mrDGBe￿DL Mr F A Scott HM Lttd-LE&enurt and woirrf)te any ¢haniable pwp05e5 ￿ Ihe r¢kef of Fovuty, the adVor￿ement ot educati(Jn {inclwilng trainiTrJ for employment or work), the advancoment d reli4Jion. the Wtectton or promotion OE Social wellb&iixJ, oood liealth ￿tIl physical and meiital, and f(* chafitatle purposes in conne£b'on wit the Ftt)vi5•)n, m3inteTrance and improvement of a publlc paik C￿ other public or anpnity andl or the ejEttI￿, M￿nten￿(e, rep3ir, or resioratioTr of a lyJildw or other stfLKture fLY the LEnefit of conThlflitres, (￿ganIsatI(￿Se gfoUPS andl or I￿ly￿S￿l5. l) in the County of CumtM1a ￿]d it5 In¥￿d￿te no¥JIt￿rI)￿d (the 'PrlTKip4 A¥ea of 8enefif}; aFkdl (il) outgde the Princ4)al Area of Benefit provided that the svpport or prorw:ion of Such ¢Qnlf4urÈities, organlsatJOn5, groups andl or 1ThJÉNic￿l5ls to sui4)crt of chariÈ(Ibk purposos henefitting the Prin(ipal kea of Benefit. &gdl or (ill) OLJtsith the Prlncipal Arca of Benefit where grants ￿ rther paymnts ￿ made from a fwd lield by thc cC￿anY WI￿re S￿h [￿d is akn to ￿nefIt charitable In the PrifKrpal Area of Benefit, aTrJ/ (8) arw other diaiiÈablo p￿￿se for the ￿nefit of A (D andl or {ii} or [iii} Grants Dr £333,124 V￿re awacded actsvilies undertaken othsiie the Co(mty In 2024125. £1?.4,470 of tkese gtanis were in rdatloo lo Ihe Beck Buin Windfarm Fund, the WinLlfarm is ba5cd irF ￿￿aSt£U￿brl Élke coinrwrHty fuThl Irt14*Jes p￿ts of Sotrjth knlland. £183,589 Ti¥ere grant5 P3yable fn)m Nl4S ￿ENc￿rthern Carttr Allance whlth is a collaiJ4)ratioii with Durliam CF and CoitNnwiiÈy FoufKlation Worth East. Tr bala1x￿ of £2.5,06)r of these grants w?re In relatiorb irj the ENIAIL Storm Arwen Community ReStlIen￿ Fund, Thrlve, and Cumberlond bs Community F￿rf, Activitles fr￿ pubfic benefit The Trustee5 confiym that they have re.fErred to the Conta4￿ Th the CcthmissK>n s geneTd gUI(&in￿ on publ￿ benerrt revlewing the Foundation's am5 ar¥4 objectives In planning hjlwe ?cli￿￿t*S and seit'ng the gr￿t ￿￿1rng p(4IL7 f(x the year, The ￿ndalK)n ￿¢#￿S to fuN its obje£ts by. Uslrg It5 reS￿r￿ to inake gtants t4J volunlary group5 arKJ Indi￿ld￿alS that malch conwfxjnily needs Pron¥)tFrKJ givrng bj enable tho gr(Mth of pr￿Es￿Onal¥ i￿ar￿ged ethyment fvrtds to makeoianis In the future Beb)9 ready to qui¢*ty to now arKI em￿ging need Page 5 Cumbria Community Foundation Report of the Trusteas for the year ended 31 March 2025 Being rcwte c4 ChJE￿ fty both Fndividl￿s and wblic bDthe5 MsNng to give Ch￿l￿￿1e funds for the kw)efft of tt* cO￿ty Most of FOL￿dation'S artivity falls ifito two areas: grant m(Iklng and PFomotirYJ effective cFkariloble giwing. In to making grants from its funas, it manages and administ￿5 grants pf£¥3rarnmes ¢a behalf of indlvidual donors, companies, trusts, and ceritral and local goveYnn*nt. Grant making policy Tlke Foundéiron ¢cbrrtInU￿ to rrtaswe rrokiTh3 Ihe grart rfokiThJ w¢crities. Tllese a5 follovds: Jmyoving the kve5 of disa Wha) the re¢ipiert Is ThotEf￿d of ￿ award. tly a￿ sert a fFt* to d*ir or4ine Cmd-of.gr￿t rep(yt form, whlth is ￿pulated wsth Information and budgct flgures From thelr applicaborL Tr reorxent can See iFk advan￿ the infc¥m4tKJn thcy wlll be requlred tD report on and ensuie Ehey collect tr* approprlale data for thc dLV8tii)n of their proJecL The recipicnt will be ¥eq￿tre￿ tsp coM￿tE etvj-of-grant rep(xt withsn two morrth5 afte¥ I1￿1r fLifKllng s￿l &te CLN Ic¥w tf tlw necd ￿￿e time to oJFled ￿equate feedback abrAJt the FJDiCCt). If the recipient lias not Spent the fvnthrtrg axoK*ng to le￿n5 condittDns (rf. il)e Fouf¥Jatbti, has an uMkr¥end OFI Lhe wojecL wll ￿￿oI1V be rLYFuired lo rebjm fuTKIs. Pro3)M>tiny glvin9 A cthtral te￿t cl Ihe comts￿l￿ty foundatlon moveTt7Bnt is to er￿QlIr09e tthilanthropy by making pe(yle awa￿ of Con¥￿rnty aTrJ W offering gr*)t maknno seNKeg taibred to doM¥s' rewlrement& The Fo￿datI(￿ Trustees have wode the stfabjr Ikcism to dedicate res0w￿5 trj de%E1o￿nt work to secwc ¢yart mak￿9 funds in PLKsuIt of fulfilllty our airr CLthbna CoyElfTxJnlty F￿￿10b￿ dotXVS to make ? difference by c(xinectiTrJ them w41h groups and causes that refiect tPei¥ intuests aEid oddress priority communlty r￿ed. TKnescale5 are flexible: donat¥)n5 t(5 eTrloMfmeni fLEnd5 genelate a retufn IDr grant in perpetulty, whacflow-throuth glant m&th9 furmts wdl nO[Tr￿lI¥ spent wlthln 12 fflDnth> The FoU￿13t￿n withes to develop the widost possible base Df donorE in stJ[Jport of ks wcyk. To 5UPPOrt tkiis objoclive a memberslip Scheme eKists for individuals, faimllies, bv5jriesses and volunt¥y group5. Members receive regular ir)formation about the work of the FDundètiCbn ￿kd can nonwn&e an<1 elecl TNstee% In aildltlon, tlie F¢uttdation supports an wents prog￿MMe wl¥ch F*ovkles a means of promdir¥J w(￿k of the Fou￿1atk￿, the nceJts In the c￿nty and the gerteya￿n of ackjltlonal income. The FovThlation ts ￿lStered witli ar£1 p¢1￿ the volunt¥y lery to the F￿(￿-&￿Jn9 RegL&att￿. we have a(thetod lo code of fiJndrai4ng practice thr¢I￿hOut the year. We do riot use proFesSI￿731 ￿n[Fr81$Èrs or conrner¢ial participators to raise inconio for Ihe Foundalion. No u)mplatnts w&'e ￿ceIVed refjardlng fL￿draIs￿l9 activltles. fundTBIS5fkg ts carried out by the slaff of tho Foundation with SLrtport frofft Trustees, C￿￿MIttee. 8nd s￿pporters. Page 7 Cumbria Community Foundation Report of the Trustees for the year ended 31 March 2025 HOW DID WE DO: ACHIEVEMENTS AND PERFORMANCE EN THE YE•lR Grant nTaking perforMatKe The Fovt)d3tion measures 115 pethfnatxe by recLYthng nurrf)er wolE* ￿ grants by stiateglc aim. As part of the gr3rt monitorlng menlÈoncd above grant feciFxerits report on how the rxant was ￿2ftt and the dltference k has ¥nade to the Ilves of loc61 people. Reports include 5reclfic outc(ThS as well as non- quantifiatye tenefit& Grant makxig thls year against last year 15 ￿1c￿ eath priority. ants awarded ant5 vzkn Strate*Jic aim Actual Prky Ilctual prty￿3r Improving the M¥es cl disadvaErt3ged cl¥ldren fawllks ImprOvh￿ the Etfe 5kÉiFs. eAlucatian, ei)Iployobility enterprisc L dIsa<￿￿tag￿ t£o#e supp￿tIng vulrEr&le oldei. PEopI¢ lfflproving the I￿o￿h and weil-be4ng or the peDple of Cumbria stNig*hoThTrJ arKI SEVpDrt￿Ig fragle communities Enab&rt9 fJeOF￿e to a￿$5 arts* SPJrt4 culture. ￿rItage aEI(I the en*iFWtment Total 51J8•6 612,240 47 1,480,140 697,639 1,51X>,247 L,137,051 365 45 339 61 1433,748 1,997,J4Y 334 28 ¥S53,928 1,356,392 294 143 15 45 935 717 5S9 6 712 892 I"he numb(¥ of gr8nts av￿rded atsjve difftr5 to the 9rant making by fund tatle bePJw ¥$ 285 (2024 - 292) gants werc aElocated to more than one fLEnd. In some instance5, *Eows the ￿n￿at￿J￿ iD award the full rxoied c05t which li has nol always be￿ able to do In the i)ast. thjrlny Ihe Ye￿ the Fovndation a￿rded (2024- k06) mullryear gTant 8ward& This ￿ somethlng the gyants ￿aM have been f￿￿n9 on for a few yeat5, as It alli)ws organisations to be nxsre financiai sustatn&JFe by supporting an organr5¢ltion for longer thar4 one Yeat. Cumbria Community Foundation Report of the Trustees for the year ended 31 March 2025 Below 15 an Infograrknic whlch give5 headline statlstics of our grant making In the past ￿ar. The f￿ureS Indude grants awarded in the year for Truas where we assess grants derision-makirwJ rests wlth rdevant Twsts Trustees. £14.583 £6,844,217 wianled In total •v•Yage gyoup grant 142 fund 4￿rd•d yrants Th• larg?5t gr4ntw•$ • 909 £419,896 applications rèceived and the smallegt 9rant was 00 18 new lunds established FUnlD 452 180 o-o-o-o su¢cessful group appllcations. 94 were first time applicants •ppllcants recelvèd multl-y•arfundln YEAR of successful group applicants had an Income of 63% 00.000 orless 718 suecessfvl appllcants 266 people iecelved Indlvidual grants. 249 w•reflrst timo appllcants 380 of appllcants were new to CCF 285• appll¢at5ons Oe£951 Irom multipl• fvnds average Individual grant 79¢¥0 appllcatl&n success r•t• Cumbria Community Foundation Report of the Trustees for the year ended 31 Mardy 2025 Summary of Grants Auucated by Fund FWKI Abbeyfkld tsrlisle Sctiety ￿gnM￿lty fiist F￿d Carli4e ￿tetY over 55 Community FÉr5t F￿1 Aler¢A3le FknEklayi Aclivilies. and Fool Prowarrrne AESt{￿ Pth)or £(￿MunIty Fur Barrow Cwmunlty Tr4St FurKJ Elarn)W-iiFFwness Grassmots Fund Beik Burn Wind Farm Crynmwilty Fund Beik 8urh Wind Farfft Ccxnm4mlty Educati￿￿ &r&3ries Beo. by Famly Rjnd Better TcfftrrOW5 Fund Beverley Charl￿￿ Trust F￿d Bord￿. Fund Brian and Cknr* Furld 8roughton Moor Form Carr's GroLP F￿d Castles & Coasts HousiTNJ A550tiotion ComiNinlty Call?￿l￿e ￿Je￿inder Gras5mots FLmd CCL5eoJTe Coynm￿ft¥ F￿d L)FR ComEll￿ty FF(￿d Res1*e￿e Flmd CN Gro￿ Crofton T￿st F￿d Cumberlond and Weslmorlartd Hcrald Fund CLwd)erland Buildir¥J Society Community F4¥KE Cun*er]and Ed￿ati￿al Foundatlon FuThJ Curri)r%i cOmn￿r¥CattoTr Prosett Fu￿1 Curd)ria ￿tUral fund Dwett Grants Fjjnd Qjnthrkl Fund mbria Gra5srrx)ts Fwd Cumt4'Fa HOn￿-*rom.H0rnQ Fu Cbmbi ia Endustries prnenl￿s FLmd Cumbria V￿lim5 Charitable frust fund Cumbrla Ycung People's Furxl Cumkyia Ywng P￿P￿,5 &assroot5 Fund lols KI￿ Your Neigpkbouplxjod Fi￿0 (X)Fa BeeForth Memwial RFEuI Lknwker Blndbss (hniy FUE Ed￿ RLwal C(Hnmunlty Fund Ednx)nd Ca5Ue EdKatFonal Trv5t FUTr Elitabeth Fetl Men￿rIal Trust FLrnd ENWL Stcrni l*wen Commwkty ResilE￿￿ Fw Evenlng Hill Grassro<*s Fund Falfftld Wlnd Farm Q)miwDity Derkefit Fur Fryer Grassroots Fund Ge￿$1$ H(Mnes CoiyuThJixty Fu￿1 No ofgrants 18305 32637 3163 15J98 2269 949YS 45270 6Xb95 415898 11 12 45 16 26 4056 50046 4600Q 2187 J3400 16 15 T240 51910 3987 3517 952 24199 60046 I9￿0 4TJ7 13 1005C 4r1 117CH) 91(Y) 17 16 190 615461 38 69i 1730 10589 iooo 132729 Ji 10 17 l(M)00 4999 4fX>O Page 10 Cumbria Community Foundation Report of the Trustees for the year ended 31 March 2025 c￿ffreY Blake Alth1t￿ra1 Heritage Fund rney Charaabk Trust FWKI Ilriqg W￿d Fann Convmniiy eehefit FurKI HI￿ Pow Comm￿tty Furxl igh Shetlffs Conwrnnity F￿d High sh￿iff$ CThEneEeat HutrteT Da￿￿$ Fund Jalinson FuThl K4)bTrJ fo* 01￿ PeoEAc pliry FUMI fof Younger PEoF* rkby Moot Wind Farni CDrrwnunlty Benefit Fund Laxqlaw f(¥ the En¥¥￿￿￿￿ LawK>nt ￿ldM￿C th$5roots Fund Lawrence Fund Liddle Tlvjmyjn CtsThnunlty ￿'￿t Live the Dream Fufid Lor(l Egrernc￿t F￿d West Cumbrla Ma¥Y Gr?ve T￿st Ftjnd fvJ(Yhouse &asyoots Fund FnyLakelaThl F￿d NHS ConNnuThty Ment¢tl FEeaf(h Transfonration F￿d NHS Gyeen So(ial PfescflblTrJ gevekjttyent Fw NHS North Cumbria 8etter Care Fur NHS North Qjmbria Dwwrge Sur4Jt*t Fund Out of Eden TrJE Prland Arts Trust Weslnx>rland Family CDmnxiriW ￿nd Willia￿ MilLxJrrk Charitabte Trust Cofftmunity flrst Fund Vlin9 Cdr H Thonwxjrb & Rev J L Grassr￿$ Fund Winter Wwmlh Fund Gr6rrtS vEnbri6 ti5aSter Fund herdyfu)d EducatK)n Fund (Cwrknria) TWC VJC COVIO.19 Conwnunlty R￿￿0very & Rem¥al Pr(xjr￿￿fftC TWC WC COVID-19 Con¥nLmity R￿0very & Rewal py￿raMme Fiiiancial Hardship Transfofmk7g West CumlTla BT Six Fu￿1 Iiluckar Waste SeNus LLVrfR GrassroDt5 FtsNI TWC WC COVJTr19 CLrnEthIW Recov(yy and RerEw Pr(IJrarbV￿ . Bedr<£k DigtÈaE fiansfor(lliiig WesÈ Cumbr53 - WeMEHrrfJ Fund Lairel House Brampton Fund Di5ablily FuThl for ￿M￿ria Fibrus Commthity Fund Cvmbria The Jeffrey Bond M￿noTIat FLHX Pltrad Babjjck Gra55r[￿ Fwd Nuvia Furn Btidget's Magkal Mu5[£ Pot Fu(kd Barker FarTrty FU￿ Beck Bum Vhnd Farm Padshlcommunty C0￿c￿5 FETh BuTnetts Thrive Fund Care Leavers Project ?0?4 cHIF-Cts￿￿lde General FLmd CHIF-Furne55 L￿alitY Get￿raE F￿d CHIF-Mgry Nebrton Legacy Fu￿j MiH¢xn CHIF-MIIILKn l.105￿￿tal kurKI cH1F-￿Lth Lakes Lc(ality G￿Tal fuThd currrtjts TO￿lSM 50th Ar¥klversary FLmd t>avld aThY Marwet Rankkn Fund Cdwin a(¥J Aniia Mthy Fund Eii glith Lakes Hote15 Furmi Gibb Chdrtlable Trustr Fund Ja￿lIa Tq)sy LBid3w Fun Kiekby Lonsdale Fire Cqsaster ReCoV￿y hJrKI New Bala￿e Get A£ti¥e Fu￿1 NHS Bulldiw Ehe R￿*t Supwrt: Tra￿￿tIon ftirtn Ho¥xtal S[￿- Fulld NHS IIENC Nort￿[￿ Can(Y AlkiarKe ConinwThty FurK NHS NENC Northern Canw Alliance Ru)d NHS NENC PlortheTn Canw AIRance PrehaEylitatKn Fi**] TrahsF¢m)ii)g West Cijmtxia - FaTrily SwFQrt Fu￿1 TWC ￿￿tal He0￿h Wdlbeing Vl(*k5h(y5 fwKI 325 15435 535 3729 10 31E634 21(K) 763Q io 1171 110585 30592 61517 15 4019 218Y 6(￿55 269) 5% 1828 ioTr) 6589 5E5 9536 74995 6D56 9369 711 9504 7871 12 5(XhO iy)o 2500 3822 91%0 15686 40(M)o 109 183589 13594 190fY)O 75549 io Paoe 12 Cumbria Community Foundation Report of the Trustees for the year ended 31 March 2025 TWC We# ￿m￿xIa Mental b*alth Per￿rs1*p blfjnscales MO￿ Farfft Cc¥Miunlty Fu￿j Worbngton (Ashfield) lawn TCMIS Club Fund 363396 13827 2000 Totsl Grdnts Glven £6,717,559 iioo Tho Foundati¢Yt asse￿ grants for the Hdd7irdTrust a￿£ Jo¥LE Wi&lng)n TrusL Dectsion maklng rEYna wilh the4r"fru5tees. T￿5 all]ws Independer* trusts and c*her oiganisations to be￿flt fll￿1 the FouFtht40n's 1 knOw￿dge 3FxI exFeiientt In yant maknng, Grants awanl¢d In the year frr>m fvnd5 tttanaged lor others k*)leh¥d Trust Jcpffjc l1fj1k1ns￿ Trust Total £ No 45,455 81,203 16 126.658 38 rotsl grnnt maklng managEd by the Foundailon £6,844216 Programrnes During the financFal yeaf, ￿ contui￿d to sEr4tegr. irrTJatt-led arr¢SS Vie C￿unty. with a f￿V5 on lorMJ-torm d￿nge throtsjh I'argeted prograrnmes, The Foundatlo¥l'S appro3cli was th8rarterised bl col*bDratyJTh, taibred supprxt. and a com￿¥1ment to ?&Jressing sysiemt dwIl￿gC￿ Trarsftstming West Cumbria Trwsfoyming West CufftbrÉa ￿WC} is a flagshlp initiative dellvered by Cumbria c0mrw￿ty FcKJndatitin 8t￿1 flindecl Ihrough Sellèfidd Ltd'5 Social Impact, Multiplied (SIX) pmgramme. L￿ncl￿d kn 2020, thé £6.5 Inillton pr¢4Jramme was designed to tackle West Cumbrja's most entrerKhed sociaF and econow challenge5 through a partn￿liP-l￿, olacè4)ased ai¥Jfoach, TfE prograll¥rE cOEy￿rE9e5 seven InterconneratÉDn, •iO a Inore rEsilient VCSE yectrx. PiuJramme Lelcl: tsafdinated rte1￿￿ry. feswrce uso, aT*l iasling generatimal diange. TWC'S tlexÈble, thla-drtven approach enabled It ta respond to emerging necds, [n¢l￿1r￿j PDSt-pandeinic mcnt31 health crFSiS and 11)e cost-of-living prp55ures. It fostered col(akK)ration 8crTr55 strt￿ reduced seDIKe ￿￿￿￿c311￿, aFKI empoweTed ¢pmmoJi)Èties to ka(i ch?IvJ& Brlghter FUt￿yeS Lththed as a £315,WQ irYtiotiVE, Bryhter Futtres swyrKts care•(tr￿nc￿l yOLmg pecple aged 18-25. gelivwed iri p¥tnersliip ￿71￿ Qmbria Youth Alliance, En5Ptra, ?NI CLrnberlèrKI Westm(xlond and Furness Q)uKi15 the Prog￿Mme offe¥5 metstoiing, lifg skills, hnd work pl￿MEntS talbr&l to irbdividual spiratiths. Enwloyers recelye tralnlng to bettEr support these yOLFng adulls, with the atm d InfluencFng i)ational creatiny Sustainable pathway5 t¢ lrtdependei)ce. (hEr 30 ycxJF¥J engaged In ye3r one. Wlth slrong outojmes io eMploYm￿t, &I￿at1￿. and Independent living. An I￿leP￿r￿1ent evaluaiion is uThkn¥ay to assess Impact and irlorm f￿Ule development. Page 13 Cumbria Cornmunity Foundation Report of the Trustees for the year ended 31 March 2025 B1￿hter Future5 is P¥t of tr¢ national Care Le3vers P{warm￿ managed try UK C(JTrmunity FoundatiDn5, 3 £16 mdbon match f￿d stheme fuhded by the Local AulhoTiEles' Mutupl Tny¢Sim¢nt Trust (LAMIT), a shareholder of CCLA, with match c0rbtrl￿t1tsthS frw Jcthn La&ig CharitatAe TrusL Francis Scoit TTu* BAE Sy5tcm¥ ¢¥)a ￿dIVIdual philanthropists. Better TomurTOW5 Ttie Bel'ler T￿l￿rrOW$ Ffoof&TmC tsuttlied ia 2021, airns to expand acte55 to qualiiy yfXIt& work aryoss Cumbn"a. By tt* enij of Year 3 (March 21J24 - febru(iry 2025), Ihe wts3ramme had raE5ed ovu £15 mlliion from nM>re than SLI funder5, In¢14*J*i9 Tr NatKxd Lottery Crxnminrty Fl)￿1. Key Kliieverrpnts inclEKIe: 8,055 young peoWe enga9ed acr0&5 th￿£ >rars with 2,720 iEi Year 3 a(xi& 22,230 hLAErs of youth work dc&verd. 62 quzlffiod youth yirxkers a￿1 54 >￿uth th jd)5 ￿t￿le￿. 166 new volmteers re(TUited. 24% of y￿FIg people Teporled iftiprthEd e[Wen￿ in &lucati[￿. 32.8% i￿reaS￿ COnfKJeD￿. and 24% gicater rE5F5ien¢e. TraFning Ctelfvtry tr￿SI￿rECE Nxce55fully to an ofillne l￿de1, improving ac￿e￿￿bIlty afKI cOT￿le{l￿ rate& The progfamth¥5 s¢¢ial irrtpact Ès s(gnificant'. f(x e*ry £1 ￿ve*ed, estimated rebx n 15 £3.20-£&40, equatln9 to £1¥16 millFofk in public benefit. The evaluatiui h￿l￿￿Jhts Better'foff￿rrv￿S ?$ ? natMJial exerr¥)lar of ccllaborative, pla￿-baSed youth work, al￿fi1r￿ vAth eme¥gin9 Stattitory guidan￿ dnd tl)e forthcoming National Youth Strategy. It thntlniie% to derrM)nstrate t1￿ transformatlve power of youth work in bLNkJing re5111entt, sk1￿5 and communty cobespon, Age Friendly South Lakeland Age Fr4endly SDulh Lakeland (AFSL) 1$ 4 ￿lIablyal1￿? initiatt4e led Lry (£F 31x1 a rrnJR1-￿ry Steenng gr(￿lp1 •ming to make Soulh LakelarKI tlje best ple￿ to grow old. With over 28% cf the p)t)ulatloD aged 65*, and prohtions ris￿9 to 33% by 2033, the KY)n to maintain arKI develq) rclationsl)ips ￿th 0Jr[￿t and polentwl donor Promot￿￿ Givino: byllOln9 endowment funds oevclopm￿tt v*)rk is partly directed to FCEJring donatFon5 to the. Fwndations en(k)yK￿. nt. Durlng tlie year fwr new endowment fund were setup with several top-ups to existiny funds, The F￿ndatIO[￿ fecefved d￿at%)n9 £4,022,92g to ei¥Jowrnent furKIs t*Rmg the year. 3uilding endcmment fwKls wai enab* Frxwthtkw) to Contin￿ fts SUF1)￿ to QimkTia's LD5MXJThtte5 in the year5 to oxnc. Promoting Giving: fiow through funds De¥eÈopment work Is d1￿cted towards securing new fk)w il)rough fl￿ts to rnat*ge f¢r fvndlidders. The nwni*4r of flow through fLJThJs we managed has increased ¢1gain tIIs s￿ar ￿rith e4thL new fu¥¥Js *tup, Ouring the year we received ￿ndS of £1,16m froEM the UK Shared Prosperity Fuiid, £653,￿0 for Transforming Wo5t Cumbrla, 1.6Jfi,000 frDm f)CM5 lthow Youi Neighborhood Fund, £375,000 for the HH5 COMM￿lty Mental Heallh Transforination Fund. £214,000 for the NHS North CLKnbrra Di5chdrge Support FuTrl. £?.2D,DCA) fr(Hn Beck Wind Fgrm, £183,OQO for Better Tom(rr￿S Fmd, £237,U(* from the CIFR COMM￿lty Ftood Res114ence FLifKI, £12,WO the Gire Leaver5 Proie¢t. Thb Ig a snapshot rf thc funds recwied ovei the year, A list of. fl(￿ throLtgh fund5 ￿ t¢ fO￿d on note 25. PromotÉng Gi¥ing - meMbe￿[P and G¢nernl givff Membership Coi'porlte mom1￿. rs￿'P The InCrea￿d fees of £BQO and £67S fof 5tandarcf corwrate memborship were IntrcKPuced fro￿ 11¢ The I'radin9 envwonment and rising i unning costs undoubledly had an ifftpact on new ctnd coiitinued ¥Mcmtersts"p. In total there were IS lapsed rrEmbef5hip5, Reasons given iAcILMled risFng tradiTrJ costs, amakjamatkjn of. businesses cy buyouts and a decision to support their own chosen charilies. We had 3 new membe￿shir￿ {1 si'aryl¥d 3nd 2 challenge). At 151 ApriE 2025 tI￿re were a ttstsi (rf ILK) n*ittber& CUM￿.8 thb We COF}Un￿ lo allraGI nevi mcmbprsliip Ihrough events arFd gt.r*ral publciÈy 8bwE OUT work. iIfiEI] 8 lapsed and 7 new membEJs, Ihe tol21 number remained $12lic at 299_ Events Virtual Coast to Coast Wirtual C*allerye The key event f(y the year was the Virtuil Coast to Cvast CofP(rate O￿lerKje hckl foT 6 week5 (iuring May afid ]￿￿. The evenl w35 devsed to SUPWrt corporate engagcfiiEnt trlebrdte (>Jr 2) Anniversary. The Chall￿￿J0 bre￿ght out tEEe competitive. slde of our mernber5 W¢th Wtr Ltd ￿￿nn1n9 both team and dtvidual d)allen￿ to (rJmplete tlie route. With 18 teams (2 nOn-￿￿1￿be1s} a￿1 130 people taklng part it Successf￿[¥ ra15efl ow Profi￿ ralsed £15.000 for the FourKJalic¥b, Adventures in Philantlwopy Followiny ￿ fr(￿ the first Advthtwes e￿t in kne 2023, corKept nvJved toward5 s￿NCT, kntimaie h05ted dinner wtles with existi￿3 and patentially new dor5(Ks. Y￿Se allow [￿ d4)er LYfftversatÈons with gtjests on phiknthropy and their own thoijghts and an￿tIOnS on ch¥itable gmrg. The year saw 3 events held and klndly liosted by SPen￿r anrf r)?one Hannah, Herdyt May 2024 Page 15 Cumbria Communlty Foundation Report of the Trustee5 frjr the year ended 31 March 2025 JarEt Lefton on eeAe Jsle, Awvst 2024 T(Y Maclaren Lwi Cavendish at January 2025. sI￿e 2023 th* have generated an a&litk>n)1 £82,fM) in dofBtKins iD eA4StiThJ prDgrdft￿S such as Brigm'er Futures Better T￿￿[rO￿ otFker e￿EntS yRre held throughout thc year t¢ rffDnM￿e awarerÈ55 of Ihe FDurKl&iM, engage with r*w Oonijrs and enttjtsrage fltrther donaklons frum cxisllng sUp￿rters. Th& were Fu￿￿oI¢￿r ar¥J thèllenge M￿r￿er >xlal gathuwig at Lev•is Hall ￿7 W. Sponsored by Pathbor*s. All suppcxtrr eMI at ca￿lSIe spor60￿ ty 8rewiTh DdFthin. REl￿n(￿ of the CEvnbrla Fund arKI Bwkett cdetsatK)n & Rheged. sp￿sOred Lv w￿rIan6 Ltd. Annual Dinnor, The Halsion, Caplisle. by CCLA 3TYJ Worn￿e 8wi D&ckin￿n. Helplng the vulTreYable elderly: ￿1mbria Winter Wa¥mth Fund OLJr oThnual W￿ter WaTmth Mppeat contlnues to provide vltal support to ¥￿Terable older FEDp1e In Cwnbri Ilving in fuol povaty, helping them stay warm 3rKL well duiirbg the harshest rrK)nth5 Of IIE year. E 2024125, the co&-of41￿n9 crisÉs persisted, with energy prices remaining hlgh and 9ovrynrnent stspporL mea5urES redu￿d. Many older people, oarticularly those just alK)ve the tt¥c5h¢4d ltsr I￿n￿rEt5 faced irnpossitik choi￿5 bthe£n heatii)g and eatlng, In rewiise, we Li￿die{l the 2024125 Winter Warmth Appeal with a mot¢h chaMÉnge pot of £2?.5,otID, U)anks to tl)e generO￿ty of our supportefs, ratsed a totol of f.48£,260. Oonations were mat￿d Él:£1 d￿rIng the campaign period, doubling Uie impact of every coniribution and enabllng u5 Eo reach even people In need. r the wwrtef, 1,227 h(￿sehOld gfBnts vlere by Ouf ddivery part￿r5, b￿)effl4￿ clver 1,50 jiidÈvKlual& C￿r partEier5- A* UK BarrLY•V, Age UK Nc*th Cwnbria (f¢m*¥ly Age UK Carlisle & Eden), Age UK SoLrtli L*l￿d, aNI Copeland Age aiid Advicc Servi¢e {CAAS) - also stipporteLI in&viduals In da#niiyJ £661,743 In Sjathlated benefits. Notablyt three In four ieclplefits 1p￿d alone, and ¥rrwi ha¥ were In te¢eipi of Penthn CfedÈL hrghll¢Jhting the depth of iieed in our wmmvnitie£ A two-year ￿ant also awwded to Futurwod Qjmbria (formerly Ifnown as Cumbria Action for Sustsinabiltty ((XfS)) to deliver an encrgy advi￿ WlFce and ii)*all drau4il£roofifig n￿aSjres ifi the h[￿e5 of ￿lI￿rable otdor people. Each 9rdnt, tytAcBly £200 or £3(KJ, hel￿￿d cover es*#ial costs th as ItaliEig, warm (k*hlrvJ. tyansport to medlfal ¥pc4nt￿￿nts, and tsjd. Beyond finariLial support, Dur paftner5 provjded ber£fit checks, energy Ivice, and ￿ri￿ding ￿er￿eS-. ho4]2ng rec￿lent5 ￿￿e5"0 fwther assistan￿ arKF redLLe Isola￿n. We extend ouy I￿rtfell Ihard(s to our dunors. fundcrs, cominuiiity fundTalserS, bus&)￿505, arxl match fund champions- induding WCF Ltd. lohn Lalng Charitable Trusl, fyÉnberland Ctxjndl, westm￿larKI & Furtkess ¥JtxiI, El£(tri￿Y Narth West, Hadfield Trust, P&psel?nd Trust, Nu >Yon¥Jte P￿n F￿d5, B a VFde¢ wa5 prcyjwl for the ￿nI%￿rsary celebratlon dinner, ccrfnplllng h)otsgo of funders and bcneflclar￿s from the past q￿rter ￿tUry. Page 16 Cumbria Community Foundation Report of the Trustees for the year ended 31 March 2025 TranthmThJ West Cumbr(a p￿Ik[ty irKlud¢yJ pr¢Yrtotion of Positive Enterwise to I￿gniSe the a¢hieven*nts of the young peoplc 5UPP¢rted duri￿ its second year and ￿rL11t the ttext o)htsrt fo¥ year three, throu￿ pre55 rel￿Se5, website updates, videos. 50ci81 metsia posls ar)J updatcd application packs. We a50 pr(yntrted the Famlty Wellbeing programft*, sharino oxAfftples m)jects gJPFQrted to dale and news of a further E2(bO,OQO awarded, and the Famlly Support FLrnd, to help Wesi ￿[F￿rIan famllles In flnanaal haTd5F¥pj and West aJ￿￿a Nentat klealth Partnershp. mMJ-tEtrn eval(otion report also recojved o)nsiderabk c￿erage. Many fthids %%EFe supported wth promolion tnduding Bcck Burn being ￿qnised ft)r awardtyig £lm irb gra¥Jts since It was e*ablt5hed, UK Shared Prosperity FEJnd (UKSPF) arTd Rural England Fl-osperily Fund (REPF)awanJl¥¥J almost £¢iOO,WO In 'levelling up. funding. and the myLakdafKI Ccromunity furKI awardin9 nKYe than £150,IXIO In ￿a￿ls. FYogra¢Ytmatic work including Brighter future5, 5uopQrtHI9 Cdre eY4)erienced ung Fajple, arHJ Age Frtendly Scxith L3keland. were pJ5o widely womoted. 35 well a5 the KFFkby Lonsdale Flre Disaster Rec¢)knery Appeal. The website feview has been into 202512fj txh" tIE ste cprtlN¢% to be n￿[￿l￿Ed iipdaEed on a regul￿ basi Mafketlng material was treated to support events Induding tho artnlversary ￿lebratiC￿ dHI￿r, member and Support￿ eiEr*ts at Lever6 Hall and Tulliq 8e.tterTirtnorrows ￿lebratI£ll evertt a5xI the Cun*]riè ￿ltural Fund relatmch at Rheged, Th£ie was gcod cowJage of CCF in Pfint and otifinÈ me¢fia throughout the year, as wel105 TV •id radio Itetviews feaiijring the Winter Warnith Appeal and the Virtual Coast to Coast Ch¥kng2. than 9] fLKKt rerxlrts. vRre isgJed to funéholders, alongsi(k more I)￿epth reF￿E5 for Winter Wairth AFx>eal, Warm gpots Fund and the NHS Dtschwge FurxE. The iegm also FYoduttd the Review, rrthtlfv In Cumbrla arl'lcles, the iJ'_nx)nlhEy Ccf newsleiter and designed arKJ ueated (ecr￿ltment packs for several vacancies. Work got urKienw (n communlty reFX)rts. for Cwli4e &￿d Wc5t Cunthria. to be rdeased In 2025126. OUR PLAIIS FOR THE FUTURE The F(xJndat#)ri is year 3 of ihe S-year strategy wth the F(4k>sYit¥J objeLtives: Cxeate po&tive arid Fasting change throu9h our makkng, in J year5, tin￿ wlll Iwv& Glo4￿ 5U51ained knEs9.t¥m grant maklw. R￿U(ell wverty. trryjiiwed qUal￿Y c* lif& 8uHt stroTr￿r and mare resilient a)tnfflunitie5. ttitEDyecl rnore pDwcrful partnerships. Ath￿ed amual grant maKIng OF at least £6 Grow fijnds 3vaaiable for ¢fiStrfbU￿on, irF 5 yehrs, t"Trne we WIL flist Choi￿ for phllanthropy and ch6Trtable 91¥ing in tho courty. Increase awareness of c#sr wotk. Gfow ow erid0wrn￿t k¢ at leasi £4Q Biildlng ori a highty SLKce55fd second year of the Strate￿ a revkn of p￿￿[e55 agairtst key obJecEtves and ad1vk1￿ was LFn(EErt6ken In January 2025. A detailed work plan was Forikkulabj for tho year aFiead. The wor* plan des¢*lbes the major strands of work ￿1111 kev performancE indicattws to Irack progre55. It IS tkeseDted to I[￿stee$ on a quarterly basis to ensure oversight and performorKE m¥rtagemetit. The folloKYng Is a swnniary of the work ￿eaS of 2025126., Create Pvsitlve and Lasting Change Through Our Giant Making A fwiew of grant maklng PEiorities was undertaken, bullding on the (£￿Su1tatIOn dIScL￿h}nS that Informed the 5year 5tr3te9y. As a i esult, a iiew gi'ant makifKJ Stfotw was de￿￿￿ed to address the Page 17 Cumbria Community Foundation Report of tthe Trustees ft>r the year ended 31 March 2025 d)atleffjes fac4TrJ cOr￿nuT￿￿es a￿1 to m&mi* our inwt irÈ C￿nbria a tAace where everyone can thrive. Our fytsre gant maktho will ￿￿jj5 Ots., l) EmprovlThJ lib￿5, four txiority weas: • Rethciro Povety - providillg opportun1t1￿ to lift peDple. out of p • Re3chirfj Potential - proV4dtng ski115, educ3tlon and trait71f4g • Imwoving %eallh . helpin4J people live healthief, happier lives . Ta(*kng S(xial Inequallty . promcllng eq￿lity and inthsl¢¥) 2) stren9theryiyJ comnWn￿IQS, wlth two W￿r[ty area>. lurknlro Sense of Pl￿e - creatlfig st'ronger and inclusive c￿ME￿it￿5 . Actino on ain3te Change - taking local octton to 5tren#hen (ommLmit4es and peq)le's abHfy to be re5]￿Ent and Yespond to cllmats change A review oFgrant ￿*¢(￿ gO￿r{￿n￿ and practK2 W?s alsD ￿dertOken. Infoi'md by the ￿lewS of grants commlttee membw5 and trusiees, recomniendalions t) In)prove practlce wlll be Implemerttd froin April 2025. Wrxk O￿ttnu£S With regard to rflve*s&ty. equity and Inclusion practice, With plans developed for the future recrtjltment of grants ￿MMIttee member5. fht5 t¢ ensure grant 14d and ￿p[1)rt 15 as accessible. as p055blc io miiiorilÈsed and vulnerEblc communities and that dI￿lS1On5 are takth close to cornmiinltles. In addition. consideration (tnÈlnues ts) be given to poltcy and trTa¢li￿ Wlth r8Jard to Ihe i55U¢ af chmate change" 'Acting on Climate thange, forms one of oiir grarFt making prK)ritie& The plefflentab￿ of n¢•+Y grant n￿nagement 5oftsv¥e witl enable the Intr0dL￿tiOn of tEW Mc￿ltOrI￿g Systsms whlch ￿11 furtltr ethaKe the ablHty io measure rmpact and Eearn fr￿n the viFormation collected from ¥ant rerylents. A signiflc*il C¢xnpC￿ent of tlie Foundotl¢n's grant making Is delI￿red through prtyramincs which liave been darh)ked #i coEEabocatl¢ft with funders, grantee5 and Other slakeholder& Thls appro￿ alkows for sliaring of ?mongst orantees and innDvatlon In Servi￿ dellvery. It also for improved use of re%1￿CeS, oreater IiTrJerstandirfj be4ween the Foundalicxi and the groups it r￿d5 a￿1 ultim&ely ￿tter oUt(on￿S fcf peo* in the conm￿lIty. W¢*k was ￿dertaken to the5h tr* West thmbfla OpF(rtunlti￿ and ChanuEges cormiunlty tieeds re￿)rt nd to deyelcy a ¢ommiA)Èty needs report for CaTllsle' both repjrts are (kje to be pthl¢5h￿ ifj Juno 2025.'fhe Fo￿d￿tica,S community needs reports ropresent an iiicreasingly Impartant resour￿ to bnyoim giant making ded4ons, enable Inftsrmed discu%4ons 3moTrg5t Stakeholders with regard to community issues and unde."Fqn the pr(*mii?ft of l(Kal rtbiknuwopy. A prfority is retentian and devdopmert of all mairx FXDJrammes, iickndtng the TrandorTnmg West Cumbiia S￿lar hivest1h￿1t programme, Better Tomorrows Brighier F￿vre% Age FricrKlly SoLrth Lakeland, Kr￿¥ Your NryI*J￿r￿)odS and vartous NHS programmÈs. In addition, there is a sttoro ccrnltment to (oDlÉnue Winter Warmth Fund and WOFk closely ￿th trth Cvmberiantt and weStr￿1￿￿k and FuTllc55 counti￿ to iderbtify partner￿9 opp¢rturTritie& Ttr￿ FoundatKJD s c¥acity to responcE quÉckly and eflectively at times of eineigenty arvj dtsster a>ntlnues to bp a stre￿th. as eviden(Ed by the launch OF the KJ"¥kby Lon5(lale Files Disaster Appeal b) t*cembcr. WOrk￿g in partnershlp with the Klrkby Loiis(Eale 8usiness and C(Jmmimily Recovcry Wner5hip and WestinDTtarKI ai¥J Fumess C￿￿11 IIE was laur￿￿ to a&Jre55 hard5hlp caused by a fire ihat dwasted the lom. Cumbryd ¢ai) bÈ r￿rnEe fr(xn natK)poI rdKY M&ir4J natk)i￿1 furKJp55 arKI t1￿ will bo ckwJte.d io malntsiniw Ilnks with natbhal fiindeis to hlghbght ttrE dJoFlefiges the peopk of Cur￿)ria artd 4JPP￿tuD￿tses for partnertng trnvesl￿nL Grow Funds Avallable for Distrfbution Tho promotion of philanthropy and ra(slng awareness f(r Ihe I￿ed for thilaythropic gly￿￿ to eKiStbng and potential SUpp￿erS drive5 the Foundation's ability to effect Losltfve Ch￿ge in commLmit4e Page 18 Cumbria Community Foundation Report of the Trustees for the year ended 31 March 2025 Fund ckve&)PTEnt re5pmslbilitses ￿e shar8J be￿e￿ Il* Oevelq)ment ManaFr aTKI Dired¢r of Pmgrdmme5 PartI￿ls￿p5 their team meTr4)Èrs. The knk)w*nt pl￿ contsins targets frx n￿1 etKk)wmenL. f￿}d4 Sec￿0. d, eKpansK)n of merrthrship of the Cwnlxl8 Club. Corporate Nembershlp ScFTr8me, maintertan￿ and growth ¢f rdati)nshlps wlth pr¢fession61 al￿SerS, the development of ncw'a¢om funds,, donatloThs to the Home fiDm Ftome FLFnd an(J tho tiansfer of ynall th d(Amant trusts. This wGYk b underpinned by an events wogramme ar conY(￿￿CZth)rs both of wl)Èch Serve to h￿￿&￿t (rfOrtthlt￿S to give arKI deepen ieFatlffis with nthv a)d existkng SuPEXbrt￿5. ReC￿t rapid grobyth in gtsnt makiTr] and the nurntEr of dc*wlions f￿d5 has meant the rr£d to refflect and plan on ifi the Iviure. AdaQtlng to c113nging enviro41ments both ewMNdca1ty and operatIc￿allY to ([&￿e t]oth fe551k(Ke and catTradty kn vwiaging oxi5ting commibiionts arKI wwth in the future. A key priority vrill be to altract, engage atid insprre more donois. BuildiNJ w wor* starterf wFth consultancy Jack & Grace ènd thr4)LKJh th&r supporL devekjp agree a T*W comnwnicatkons strBtegy to create a clear way fcrnaid attractlTrJ arKf svA)C*tirfj existing IwJacy gift5 become an ￿(feaS1￿j￿ itMFUrtanl' Ir￿r￿ creatlng new f￿d5 donations to existlng fun (2024 - £nil) ￿ expenses were either patcf to FoundatFon's Trtfsteos or pald dirertly to a thlid tharty for Mi￿a￿ and expenses in(uned on beth0￿ OF IhÈ FoLFfKiètlon. The Prtt&5 of Associ*ion wThide that the maxtmLHn nu￿t￿r of Tlustees Is twutythree. TrLTrStees are and eEected ty m¢￿er$ as Ic4kyK: . GTQUP A - Not than thrEe TkiEtees frc*n any ￿ganIsati￿, nct efigiE4c urKJer GroLP B. with diarilable DbjeCts￿S workirKJ Whol￿ or partly in Cumtx-ia; Group B - Not mt¥e than tliree TTUStee5 whD are any person, bcvjy of personsf grant-rnoking charltable tru* Companyi Partncr5hiD or otlie¥ onJanisal4(M, not berjg ell￿b￿ Under Group D, who *jb￿lbE tTrOFFey to the Company or WIKS contrFbute (ther assets or 5ervKe5 3tyaged by the Trustees to be beneficéal to tFie Company; Grow) C- Nol EThJre Ilian th¥ee Yruslee.s to be appointed annually from any Icrel aUth￿lty or othor pubflc ixyjy wholty or partly ifi Cumbria, of whofft one appoiFhtee shall be a senio." officer r￿rn￿ated C￿Mbrkl Coijnty Council; Grow) tTr- Nc* nK]re than ¢ive TIu5WL from any organisatlon wlth 3 view to profit whtch wbsuibes money to the Company w CLN)Eribute5 asseis or setvKe& thought b¥ Trtsste&s to be benefEcJal to the C¢mpany. In addIt￿, theTru5Eees 8l' ariy time may co-opt not more than nine persons having special expertEse voluablo to t1￿ work of the Trustees P3ybng due rcgaro to erwing that so far as possible the Truaees reflect the ¢ovr)ty-wido femFt or the ComtKRny. Onc third of T￿st0￿ in each of the Groups A, B, and D and all those Trustees in Gjoup C or v4)0 have been co.opted ret1￿ at the Annual General Meeting. Retliing Trusiee5 aro ell9lble for re*l￿￿)n, re-nomirkation or re-co-(ption provithd that Ihty have setved Iw Thine years, with e￿pt￿n of a Tetlllng Chair. A Trustee who has for years may te rtreleEted, rtrnominoted or Te-CO-OPted aft￿ an intewol of at least ￿tIT. I"he tha¥ a￿1 Offters are appoirtrt£d by the Trustees from èm¢J)g t￿1r nLrnbeT. The B03rd meets qLMrtety. Commlttees have been set for advice and stspport a5 ftffjow Managament and FITran￿ conTrmittee Investment COm￿tice MaFn GrBnts ¢omiYbittee West Cumtxia Grants Grants commlttee Pers(￿￿￿21 ¢cyNnitt Each comr(¥ttee ha5 its owii teEns o* refefer£e. AJI tho crKMiltt*s may Indu￿ meThl>ers who are rKt Trv5tce5 but must indLKle at one Trustee. Task and flnish gr¢xJPS can a150 be setup for particula ta*s or tssue5. Oi) appo1ntffl￿t each Trusiee 4$ gwen ￿ inductk)11 pack whKh includes relevaftt th>cuff￿nts, wcli as tlie buslness plan, afKI ? c£Jpy of Charity Commission leaflcl C£3, 'Tl)e E5scntial Trustee.. Be￿e agreelrtg to become a Twstoq wtentlal Tiustee5 meet with the Chair ancllor Chief Exe£utNe, who outline the ommltmefil which the Foun¢8tlan expects of its Twstee5. Chalr and C￿'Ef Exec￿1ve wll also di5CU55 wlth e￿ Trdstee I1￿ coi*i'ibution whlch they may moke to the Foundation. New Trustee5 are invlt ed to ¥n indudion tour of the offitr, Tra￿l￿g needs ?re as5essad. and tfalnlng 5e55i(X15 are hek4 f¢r i￿lIVIdualS or for the Board 3$ requireé. Page 20 Cumbria Community Foundation Report of the Trustees for the year ended 31 March 2025 Management afid staffl Currt)ria ComrwT¥ty FoLJndaiion Trustees have del￿ated day-lo-d¥y management of the CfgaFllS?tion to the Chief Execut•ie who ￿portS on the performance a9?Inst the strategic agreed in the buslnes5 plafi. The Chlef Ixe£utlve hag r@SPDnsibility for planning and developing scNi￿ ?fKI strategies the FoUThjats￿ ￿ll¥Tr g￿J￿IneS set i)v tlie Trtkstees. The Chlef EXecUtp￿ was 9JPfA)rted by the Seni Leadership Team of the FFnance DiTector, Director of Programmes and P￿tn￿5￿1)S, Head rf Ciants Pract￿ & ProfJgrNrE5 and the De@elopment Manager durlng the year. TkE Fujantt Otrector repryts ￿18 Management and Finantt C4)Inmitieo on the financial posÈtton and perforn￿￿ against btHlget. Flkll management accaunts are recEived quarterty by the ma￿ageMent and Finance comnwliee aio ale re￿Ived a5 a Standing item by the Boaid. The pay of the charivs staff 1% reviewed aniluany by the Personnel Commfttee 0)Th￿IseS the Chief Ex8cilti￿e a￿1 fTuStees who ha￿ been o5e¢teLE members Dr tkie ct)mmitttt. There ts normaly an onftrual Hicrease to covtt increa5e5 in the cost of livlng. RemU￿￿tIon És ￿nch marked wJatn5t yrant-making ch*It￿S of a smibr stze and activity to ersure Ihat reiwneratitin *t Fs faFr not out of line with that eraNy p3id for $8rilar role& Rlsk ManY•Jement The F4Jthidalion'5 risk register 15 Mfmally revlewed 3Thd updated each year. The TrLF5tccs mnftor the work and intErnèl oxitn]I pr￿ed{IreS of the FoundatiDn and ensure t￿1 the relevant polictes and praclices are in plate to manage TEIEse includc. , Em￿DY*￿ professiond staff with awopriate skws tr6inlrKJ. iness t4onningi vAM'ch indudes con￿18btIn vfflth key stakehokler5, Ion9 terni planning Tegarth'ng fLInd￿lSIn￿ iJrant &5tr1buth)rk poIIcYt 5taffirrfa. Trustees mL¥kltor against busmess Llan taigets. Tho MakwemL¥rt aThJ Fin¢Mce Committee receive quarterly m*kagement aCcO￿t5 antt wntten re￿￿rts QEI ?It asF*cts ofthe Orgar￿sai￿?n's actI￿*1eS, Gr<4>f EMa(irrfJ kYoc&wc5 irKlvde monltorng of aB want av￿rdS, spot thec*5 owards aThl 4[￿t ￿￿ttOr￿9 vi51ts ty statf and trustees, Members of the Inveth￿. nt w*ommlttee receive rekK)rts M In￿StMent rErf0Yma￿e fityn Envcstment Managers, The Clkilr aml Executive meet reguLarly to dlscuss ￿1[$ revlLWU Fngre55. to the ￿r￿JaI athlit, fouTKlati￿ s gfwds rA￿rarM￿S may be nder)endentty a￿l￿t￿, frtow DID WE AFFORD IT: FINANCIAL REVIEW C4*nbTta thnynunity Fo￿datIOn Is both a fth&aiw arKJ a grart maker. BeCa(tse gi ant fTS]klrKJ Is dep@ndEnt on fundro15iro and develoifftrL Trustees need to ¢)Frowiate ca￿CIty in fwKI development Flrfltle Funding sources The a¢kninlstiatlve costs of grant maklng are CDvefed ty don(rs and tn&5, wl)iEe fuMlralslThJ and development ¥4tJ(k is funded by membershlp fees, grant Income anrf ¢t￿r LFnre5trttted reietyje ￿COme. Sponsorship and gifts In kind The RwThlatton also receive5 valued sw)port IF￿0t￿tt sponsorst*p In-k4NI ck)nation& Do¢kl and Co, Acc￿ntaNts, ¢l￿tin(le to FWOVKle Payrol Se￿￿￿. Page 21 Cumbria Community Foundation Report of the Trnstees for the year ended 31 March 2025 The lotal va￿@ Df Qifts In ki(¥J In ￿ year was £2.(MXI. The Tru%tee5 w(￿1(& Ske to take the ow>ortunity to tharf( D(￿ and to fof trEir contlnutng suwcxt. en)lJershlp MetNberthip alhJw5 the of Cvrnbrta to have a Tole wilhÉn the Foundètion wo¥xles a valuable sourtt of re￿n￿ incc*rt. There aye d¥ee caioJtyÉes of membershÈp of ihe F￿nd￿t￿￿. IndI￿d￿lI. Cor(KJr*, and VOl￿tary Sect(Y, Members of the FOuNj4tk)￿ pay SUbsu￿n arKJ have f(11 vot￿￿ rÉght5. Re5eFva¥ OLJI conYnltrfEnt to buil¢JlTrJ ￿ eAdOWn￿lI fund to IEnoftt Ojmbrla in the fuiure is a primary ts￿t Df ihe Cnmmunky ￿t￿latIon a￿1 s set (wt ￿ our fflsgon stat￿Trt (whlch FS slata on Page S vrtder ObjeLtfves ?Nl Activiies) de4gnated as eEktkTrwments are lar9ely unrestricted a￿￿ so the Twstees hove the txmer to allocate Ihem for oTrJoirbJ support of the Foundatton in the short temi should Cir¢LEmstaKes defI￿[L However, these fuThI5 are an expresston of long-term commitmenl to the people of Csjmbria and they held as endcwLxl Investments to 4JerErate a return for grant maktng. The Trustees retaln an unre5trictesnately S months, opWati￿7a} from nèxt yearfs biidget (not inclLidin9 investmeiit management cost5). This kNDvides a buffer ag3inst the risk ot falling membcrsliip incom&, aiid to secure development Ktiwlies for the comin9 Nelve m(rf)ths. Free ￿r&riCted rt2ervÈs currently stand aÈ £1,003,355 {as st*ed a)(xe), ￿1(h Is above the mlnrnum corc resove of £51KI,OLMI. Thi5 is ￿e to an incrèase ￿ ￿4[eStrICted reserves over the ￿75t 12 nK>nth& Investments Tlie Tru*ees have absolute thscretion in the i￿VeStMent of the funds af foundationi e¥(ept frjr those hold1T￿5 Yihth are donated to the Foundation on condltion that they are retained eidEr in ￿[)e.1U1tY or fDr a pefftjd of t￿0. The f n￿cIal CbjeCti￿ of the FtxJndaÈion ts to g•ierale a stable sUStalnal*e retum on the knvestment of the assets to fund graiit makir49 and to support thE operalional costs of the tyganlsati)n whitst maintalnino the real ￿dIue ot a55Et& TE￿ Foundatton relEs ofi the InveslEnent return io funLI yxne of ow gr￿1 m*lt¥. The key risk to the long- iefm su5tairFabilty of FLwfkdatlon Is I￿13t[on. and assets ShOL￿d ￿ Fnvested to rr*lvJate thi5 li5k ¢ver Ehe long temi. The InVeSt￿￿nt obicctlve Is to generate a tcrtBI retum of ￿fla1￿0n, as nwswed by ConS￿r Piin d)aritable CQTrpany. IDLI)n￿ from the BF2abdli Fell r4eni￿leY1 TnFSt Gras5rC￿ts Fund is pakd out in wants thrwgÈi the Cwbria Comnxjnltv F0￿datiOrb Trust. An knvestment reknm'n of É7,995 from the Barrow De￿￿p￿lt TFUSt FIKd was transfw*Ed to the &)rri>w comm￿ltY T*ust Fur￿ of tharitable company (kjrlng the year. Al￿), an IrNestment reknrn of £18,505 from the Frami5 Scoit Trust rund was transferred to the Cumbrla Grants Fund of tho cPkvlt8ble company rtutirtg ihe year. The Ellzabetli Fell Mcmgfial Trust GrassroDts Fund awarded I grarrt tokEllng £l,OOQ durib)g the year. TFr TTusiee confrm5 ihat Q has rofeTrThl to the ￿Xda￿e c￿laIned In the Charity CnrbW15511)n's general 9uidance oi) pith"c IRnefit whe.n reviewing the Trusls ain￿ and objectives arKE In ￿tin9 ￿an1 making policy fcy the yew. A5 at 31 March 2025 the Tr¢Bt had tT5triCted fuThts of £939￿21 {thls InclLMJe5 an ￿K1(￿M￿L £933,559). Cvmberland E￿¢*lOnal Foiindation The Foundat#)ft was appolnÉed Trustee of the Cumberland Educaiton?l FouncF3tK)n, chaTIty number 1075120.. 2, under a 5dEme aporoved by the Charity Commlssion on zo¢h t)c(2mber 2001. The cbpttives of the Trusl are to pirxnote the education (includlng 50ci31 and ¢hysècal training) of per￿nS L￿[kIll)e age of 25 who are Page 23 Cumbria Community Foundation Report of the Trustees for the year ended 31 March 2025 (r wIx)5e parerts are re9dwtt in Brea of the forn￿ C￿nty of cumber19￿1 WIKJ are in neod OF firt?nci31 asSistsn￿. Th￿c obieLts fall those of the FoundatTh i￿) geC9raphKal￿ and, as tfv reFaie to children voung FEwle, ED the furtlierancè of oducattrorTr and rellef cl po•. e fourmlaticn ￿thIeVeS s objects and prowdes IM￿1￿ bEnefil ty fti?kFng grants to dlsa(fvartaged wung people aE￿ to k)ca1 charit¢es WOTkttkg with disadwantageii young people in the forrrÉr CO￿lIY rf Cwnberland. Ourlng yeari the Fo￿dati￿ awarded 13 grants tolon￿9 £6D,046. On the 151 of ]￿Y 2019, the Trus￿£$ passal a reg)lutkni lo apFty tpt Charffcies (rt*al Retum) Regulatitxts 2013 to the perMa¢￿￿t enthjswnent, rmre detsil can be fourtd in note 36 trj the a￿OUnts. The frustee confirms that rt ha5 lefe￿ed to the guFtrdnce CDFttoined In the Chatity CommiSs￿n,5 general guldanLE on pxjblic benef¢t when reviewlng the FoundaliQnS aims and objective5 and in SEttlrKJ grBnt makSFWJ wlicy for the year. As at 31 14arch 2025 tlie Fcxmdatbn Testrkted fuTK15 of £k,091,151 (This ind￿leS a permanent eTrfjryM￿nt of IIWO2,733), Dowker Woss Charlty The Dowker Bhidtoss Chority, chai ity number 1075120-5. ￿ds fomied ￿ 1987 frrxn the Trtrger of tWD IoThJ- establlshed clwitie5; Miss DovdkEr's Spin5tets Hospital establlshed Èn 1831 and the will of Agnes SarBh Bindlo*s set up in 1895. The objects of the chaflty ale to address disadvarktage in l(Midal. Tntheshli) of the charity was from Ke￿la1 Town CouTKit t¢ Cyn*ria Commur#ly Fo￿da￿.￿ In N)ril 2012. Ch¥ity aC￿ve5 its d)Ject5 aThJ providos willc berEfit by makiTr3 grarEts to and ¢L*nmvnÈty organisatlons SUEI)trttTrJ the restdents Df Kendal. Nri(KJ fv year Chariiy I grènt tOtall￿g £695, The Twstee ccrfirms that It has tÈferred to the gu#l3nce Cjnlalr￿d In the (harlty CAHnmÈ55ron¥ general gUId￿Ce t￿ wblic benefit revieMng the Chorlly's obJec.libEs arKE in Sdl¢sY3 the grant maklng pollcy ￿ the year. As al 31 March ?025 the lJ)arity bad rethicted [￿d5 Df £28,686 (tl)ts indu(k5 a pwmanent en￿w￿rIt of £21,8981 Edmond Castle Educatlob?l Trust The R]undat40ri vi35 appointod ds sole corpo*aie trLLStee cf the E41moThfj Q75tle Edlrcats'onal "frw4 charity numbcT fi07512D-4, on 4th May 201?. Th.e Tnkst ￿lat$ its obiect by making grants (a) in fUrtherd￿￿ of t￿ ed￿atIOn and trainkng rl {1) any child or y￿rEg person who is or wtiQ at any time has beery in tEke care of or proviLkd witli ￿0￿nm￿￿3t1Qn by or urthr the of the c￿fity ￿l￿ClI (2} airy ¢hdd or youfig person ne￿ ￿lt￿￿n the meaning of 5ectlon 17 (10)d the children act fi989 (3) any thlld Of Wisng person resident in the area of the couiity of Cumbria (4) in payment to any charitable or VE)luntary organisiiliDn whose objeds educatloD and tr8kning of dmldren or wun9 pe150ns. The Trust Its obje(Es and pro￿deS mttc ben&rt by makbig ￿ants to Indivxluals and charitable 0rganl5ati￿5. Dull￿3 tlie year, the Trust awarrled 10 giants tolalling £10,589. The "frustee confim75 Ihat it ha5 referred to Ihe guidanc£ contasned h) the Ctsrlty GJThnission's general guidantt Oti puilic benellt when ieviewing thc Trusts aints and oblertlves in setl*s9 the grant m?kiiig ¢ollcy foi the year. As at 31 f¥10￿h 2025 Ti ust uire51riCted fwids of £337,344 (thF5 kn)ckJdes an gAperxlalAe ts)th)wment (rf £321,378). The Beverky Chanlable Tr￿t The f(xiTrlaiI￿ was apwjinied as ￿le corporate trustee of the 8eveYley Chafitabfe Trust. tharTty fitymbe 1075120-8, #h Maf¢h 2018. The obsects of the Trust are to provlde asslslance to Ch¥itable organisatlons or to proytde èsglstance and relief from poverty to individLpals, Page 24 Cumbria Community Foundation Report of the Trustees for the year ended 31 Ma￿h 2025 The Trust theve5 its &)Fcts and pyovideg public beneFIt by makiw QTBnts to cFwitabte (￿ganIsati￿5. DuTing the ￿ar, the Frust asvaffjed 5 tyaNs totaHing £22,Stio. The TrLth o)nfirms that it ha5 reterred ta tlie gJ1dan￿ antained In Chadiy Comir¥5Si￿'S general g￿ldarKe ty pulyic bw£ft f*wityJ the Trusls aIrr￿ and Ctyct1￿￿5 ond in setting Ihe grant m*ing policy fijr the year. Ns at 31 March 2D25 the TTuSt hèd uirestricted fundsof £l.C67,622 (this Irdu(ks ￿ ex￿lidal￿e endowFncrt cf £l.Crf15,941). The Mary Grave Trust The Found3t￿n wa5 appD&IIEd Twstee of tlie Pétsry Grave Trust, d)arity ￿M￿r 1075120-3, on 17 Febnlary 2009. Yhe ot￿e¢t (fj the Trust is the advaiiceme.nt Df education by the provi5i0n of Kholarshi￿ 9rants and MaIntenan￿ allowances to persons bebyecn th¢ ase5 of 11 and 21 borfi in the fi)rr￿r ownty of CumbertaiKI (extsutfing Ibo* born in. and whose Mother was a resident of, tho City of Carlisle). Tliè T¥ust deed 5&5 (Kjt the reoulrement5 drgibfity for &JPPOrt, It b cwtstrah)ed to s￿pp￿ young Feop belmeen the age5 of 11 and 2.1, and Were torn in the dd Couniv of Ci¥nberbnd area. those bwn in a￿1 whose ffKJtF*r was a resident of the Cdy of Qrli51e a5 dofined prloi to Aotll k974 at of the birth, and who we attending OT have ottended ai least two >pa15 an e51abli5hrrtnt of secondary or further edUca￿Tr In thiii area, and who are not eÉETploO 1)y Brit4"sh Steel or NatN)rd Coa1 BDaTd, wlvj are in iieedy de5erVin9 clr£uMst￿￿. The Tryst ach￿￿e9 fts obiect and proNide5 pthIK by [T￿1￿j grarks to suppctt ywrwJ t￿TFrig the year, the Tnjst aV￿rthd 62 grants totollkn9 £48,769. The Trustee confi ms th& It has ref￿red to gjidafts ¢cmt&r*d in OIÈ Llsarity CL)rrwnissicm s geffleral guidan￿ ￿ ¥wL4ic benelit r*wirg the Trusts aims and objectives and in seUir•J the gr￿t marCiFbg policy for the yew. As at 31 March 2025 the Tr￿t had resErthd futhts of £I291,338 {ttys I￿udeS a wmanerteMINmenE of £2,172,627}. The Westmorland Arts Trust The Foundation Yia5 appointed ag corporate Tritstee of the Westrrorland ArtsTru5t, tharty 1075120- 7, th 26" Juie 2011 The ci)iect% C￿ tFie Trust are to prrJmDtc the educaltori ￿ the wbtsc in the southern part of C(unbfTa, whkli ft)rmei'ly comprl."ed the County of Westmorland, in MUSFC droma and the visval arts. En the furthe[a￿e Df xjth obl￿t but fiot otherwise the Tru%L' may award grai)ts, wtside funthng for oidlnBry Alu¢ational LuiTicuLI Df rDaklng perfornian￿S and wcrk5 of hlgh artis1¢ qualty n￿re readFly acc£ssiblc to thildren and adults. The Trust achieves its object and provides publ￿ be￿it try making g¥artS lo ch¥it*le oYgani>Jtioos. Drjrir the year, the Trtw& 7 ￿ants totalling £15,435. The Trustee ctjrftrms that it has referred to the quidancc conlalned In ￿ Chanty Comnyssicffi's gefteRI gUIda￿e p41)lic I￿nefIt whon reviewing the Twst5 aim5 and objectivcs and ITh settlng ￿ grant illaking )licy for the year. As at 31 March 20Z5 'fru5t had unrestricted fu￿15 of £￿0,882 (INS I:Idu(ks an exp￿￿b￿ erK1(y•¥m￿rt of £38Q.292). PJJe 25 Cumlxia Community Foundation Report of the Trustees for the year ￿ded 31 March 2025 STATEMENT TRUSTEE'S R£SPONSIBILtTIES The Trusiees {4%110 are also directo¥S of Cumbria Coinmuiityl Foundatlon lor the purpases of c(ryany law) are iesEYJr>th for PTeparlng the Tmsiees, Report and the fiiiaficial ststrments in ac(or(kince with applÈcable kw and United Kingdom Accoiinting Stsndards (Llnited KirKJdom General￿ Accepta Aca￿ntIng Practice). Cofflpany law rewire5 the Trustees to prepare financl81 st3tements fr)r each fmBrKial year. Under company the Trustees must noi approve the flnarkcEa5 5tatrmeftts unles5 they are satksfied that they g¥ve a true and falr view of the stste of atrdlrs of charitable company aThd 11)e gnyjp onrf rf the *TrcorrirbJ reY)yrces and aFplIcat￿n of res￿r￿S, inclLkllng the incarne ènd expenditUTE, Of the chantable grwp for tl?at perlod. Jn wep3ring these financial statetrEnts, the TN5teQ5 a￿ req￿Ired to: a) sdott 5UFtab1e a(countlng polrcie5 ¢ind then apply them o)nsi*entty' b) ¢I)Se￿ the rrEl*od5 arKI gflnciples in the Charlties SOFiP. c) make JudgemEn15 31)d accounting estimatC5 th?t aye reasonable and wvdentr, d) preparc ibe flnancial 5tstemenls on the goin9 cortr£rn basis unle55 It FS InapproFNiate to wesume that ch¥itabYe gTOUP wlll Contin￿ in q)eratio The Trustees we re5px)n5ible for keeplrbg adequatc awoulltlng rea)rds thal are sUffic4￿t to sh¢yW and explain the chaTi&ible mmpany and the group'5 transaclFons and dlsdoge with reo>Jaable aoturty at arky lime thc financi31 wsltk)n of the charit6blc yroug and eriable them to erwrt that the ftnanct?1 statements comply th the Con¥)anies Act 2006. are also re5pDn5ible for safeguardlng the assets of the cliatiiable (ompany aThJ the gr￿p rEn￿ for takkn9 reas(fftth Steps t￿ the Froventp>n ￿teCti￿ of fraud arKI othEF irregularilÈe DISCLOSURE OF ENFORMATION TO AUDITORS Eath of the w￿>t75 who are Tru5toes at the tinx Wh￿ this Trustee5' reFfJrt is aptyovd h&% conf1m￿d Ihal,, a) 50 35 far as ihat Trustee 15 awaie, tste is m Televant au(%t lnfornpt'i￿l of tr￿1(h the charitablo grok4)'s a￿l[lOrS are Unèware, and bj that Tru5tEe 195 taken all the steps that Wght to have t￿en laken a5 a I rLtstee kTh older to be aware of any relevant audlt iT4formation and to establlsh that the d)orlt¥ble groLP'S audltors are aware of that information. Aulitors A resdulion that ArrrthoffJ V￿t50r1 A￿lIt Limited ￿. te.-apwinted as a￿lItOrS for the Charity for the efisiilng yeaT wlll ￿ PLFt to the AnNtil Gwal Mecting kn a￿ord￿n￿ Wkth settion 487(2) of the c(Wnp￿t$ Att 20(￿. SIGNED AS APPROVED BY ThE TRUSTEES Nrs H Mackman Conipwy 5EYT¢taty 23rd Se#ember 202S Page 26 Cumbria Community Foundation Independent Auditor's report ts the Members OPINIOII We have auditod the firwicka statements of Cunkn%i c￿nmUr1kty F(wThJatx)n (tr￿ t)arent charfty,) and its 5ubsi¢4aries (the 'groLJP') for the yeJr ended 31 Mard) 2025, whlth conwrÈse consolidatett Stateiment of FlrEaiciaE Aclivilies, the consolidaied Balan￿ Sheel parent compw)y Sheet, the (x*)solidated Cashflow Statemert and the related note5. The fiFb?neial YepLtyrtKig fra1￿eb￿rk thal has bee )￿led in tr£ir maralion is appli(able Iw aNI Uniled Klngdom A￿an￿.ng StafKlardS, Encluding FIF￿n(la1 Reporting standard 102 The Financlal Reporting 51andard atwkat4e in the LK Republlc or Irela[￿, (United K￿9d0￿ Gencrally Acceptcd ACCOUn￿n9 Practrce}. Ifi ok4nlon ilie ffflanclal stateff£nt&' give a twc arKJ Vie￿ of the sl&e rl the ￿,$ and of parent charitatrde corryanvs affairs as 8131 Marth 2025 aftd of il% groutys Ino)minq res￿rceS arNJ appkalk)n of re50urce5 In¢￿￿1ng its incon* 3nd eX￿ntht￿e foy the year then aided. have been ￿D￿lY prepa¥ed ￿ ￿C[)￿￿n￿ with United Kingdom Geiwally Accepto. d A¢(XX1r￿ng Practice. and have prepared In aCCOTdarLe vhth r¥ure￿ntS of the C(mpanies Act 2006. BASIS FOR OPXNIOII We C{￿(￿Cked QLEr aEKlit in èlCCLYdance with ErtterthatLNial StaAlard5 ￿ AIKliliro (UK) (JSA5 {UK)) 3pplicaFAe Faw. Ow resFXbn5iblli1les urThj￿ th0￿ standards are fijrther de%rlbed in the Audtlors. reS￿n￿bilItieS ￿ the audit of the financlal statements 5￿tIm of tsur rep￿t. We are In(kr*ndenl of the group In 3cccYdan￿ wtth the ethical requlrements ih3t ale reteiant lo our aL￿1t of the financlal sLite￿￿nIS IfTr the Uniied KÉngdom, irEcluding the Flnanclal RepDrtÈng CvUncII's Elhical Starxlard, and we have fulfil￿d otE*r ethical respoThsibilitie5 in ￿(orda￿Ce with these ¥£quYements. We bdieve that the audit e11deE￿ we haye Obtai￿[F Ls suifi¢iei)t aEid aptxowia¢e to prtY4ide a ts5i5 for our QPlDle*). CONCLUSIONS RELATENG TO GOING CONCERN We rnthit¥J to rewrt ￿ rfspea of the folkviiro matters xi rela16￿ to whkh IW {tIK) reqLiiro us to rewrt to you wtEre' Ule TrLJStees' u￿2 of Ihe gvlrg concern basis of accouirt4fKJ the Pl￿ra11(￿ of the finan(Fal Statements nc* apw)txiat£; TTUStees have Trot dis¢Eosed in the fmarKial stateinent5 any ider*ifi￿ mater4al uncertatntie5 tl)at may cast signifkcant doubt aETraut the goup'5 Dr tFie pwent Charitsb￿ companvs ability to c￿tinue io adopt the g¢Jliig concorn ba&s of atcountinG for a perbd (I. at leasÈ months from tk d* when the flnancial sEatemints afe èuthorised for issue. OTHER INFORMATION Trustee> ale responsible for thÈ other lifomth. other information compngeg the fflformatio inrtuden with cwr athlit [￿tI* financ4al stalwO￿ts, re5pon5t]dlty 15 to ie*J the ￿heT Inft*mal¥orn and, in dting so, consgdel whether the olfrker inf¢rmation is matorialky IKonsistent wth thc finar¢clal staten￿1)IS ￿ ow knowledge obt4lned In the audit or otherwise appear5 to be fftateilally misstated. If we klentify S￿h m4t£rlal inconsi5ten¢Ées or Bpparent rk7aterial mIsstate￿nt4 wc are requlred to deterFr4t* Wheth￿ there Is ? rnaterial ftLlsstatemeTrt Fn thc r￿karKFa1 Stste￿nts QF a malttl?I mlsstatement of the other inforrnatlon. l(, based on the work we have perforthed, we condude that there IS a rtN1t￿la1 mF55tatement of this Other informabon, we ale requlfed to report that fact, We have noth*ng to fepL¥t in thi5 regard. Page 27 Cumbria Community Foundation Independent Auditor's report to the Members OPINION 014 OTHER MATTER5 PRESCRIBED BY THE COMPANIES Acr 2W6 In ayr opinron, based on the work undertaken In Ihe course of the avdlt., Ihe Infr(mation gfvefi In the Trusteeg report indutth?g 11)e Group 5tfategi¢ repjrt for the flnancÈal E6[ fE* whlch the financlal sÈatements are prepa￿d 15 conslstent with the financial s&rtements, the Trv*ees' wort afid the strategK rep)rt 113ve been Prepa￿ in accordarKe ￿t￿ app1Kable1￿èl requ¥ernents. MATTERS 011 WHICH WE ARE REQUIRED TO REPORT BY EXCEPTTON li) the I￿ht OF oui knowledge an(l understanding of Uie charitable company afK] *s env1r0nn￿rbt obEalne(I in the course of the auth"L we have nol Identified Mèterlal mi55talcments14) the Tru5tces' replyt includlng the Grc￿p strategc re¢KJrt. We have [￿thIng to report in reS￿l cf the tFkattus In rel8ÈÉon to whlth the CL)nyx￿e$ Act 2(Ki£ ￿QureS u5 to Eporl. to you if, In aui opinion: parent cltaritable company Eèa5 1*)1 kept adequate and sufficEnt accwnling teccffds, or returns adequate fDr tjjr au(kt ha¥t rtot ljeen i'ecdved frtxn Ex aTthe5 n(A rfslted by tJS' tk¥ent d￿ritable Cc*Mp￿Y fi¥*fbcwI stat￿nents are not H) agreernert with accoffitlng recor(È returEW, QT certa￿ dis¢knsures of Tru5teeg reMutie.rati￿ s￿[ir1e£l ty law r￿t rn￿e,, or we h￿e bmjt ￿1Ve￿ 311 tho rnfom3aÈlon Wnations we ie(Biire for otr aLKliL RESPONSIBILITIES OF TRUSTEES As explalr£d rmre fully IA the Trustees, re5pon51bilitles statement, the Trustee5 (who are also the dlrectOf5 c( chaiitable company for the purposes of company law) are 1£spr)n4ble for the preparation OF Ihe fina￿al statement5 and (or baing satisfiett that they glve a trve and fair view, J)d f(Y s￿h internal control as Trustees determine is necessary to enable the prErMrntlon of finarthl staiéments triat are free ffvm maierial nyssta1ei￿nt, whethÈr d(Fe to fraud or Iri weparThg the niiancial state￿￿ the TrLtstees are restK)nsi)Ee asSe￿ng the group's and Ihe po￿nt ¢hariabEe compaw'5 ability t¢ conlinue as a going concern, th$do￿ng1 as ¥Jt41&*)Fe, malter5 ¥elatod to g￿ng concern and USFng the goiiig ojncern b4SiS of ￿CoUntr￿9 iinles5 the TFUStees either intend trj the 9OUP Qf Ihe parent charitsble company ￿ to ￿ase Op￿at￿J[* or have no realiStIc alter￿tiVe b(rt to do so. AUDITORg RESPONSIBILITIES FOR THE AiIDrr OF THE FINANCIAL STATEMEKrs Our objectlves are to Dblaln reasonable assurance abovt whether the financlaF Slat￿￿￿tS a5 a are ffee from rrklterial ffA5StatErr*nt, vthether io fra￿1 or error, and to i55ue an Authtwg repDrt that I￿su￿e5 ouy OFxnKJh. Reasonable assuran￿ is a liigh tevel of assurance bLrt Is not a guarantee that an ((Indude(J in accordance witkk ISAS (UK) WIEI alway5 deted a i)￿terIal mlsstatemail w4]en it exlsl% sstalerrEnts can anse from fraud or effor and aTe (Dn5idereiJ ￿k)i￿la1 if, inOvKlualty ￿ in the 39sregate, they C￿ld reasoEEably be eypeciEd to the emrx)mk (*C1s￿n5 of users taken on tho bass of the* firtanaal stateffl￿ts. Our opproach to idcrtlfono aTrJ assessing 175ks OF material rN5Statement ￿ re5P(xt of Irregularitle iKludifig fraud arbd n0rF-complÈan￿ With laws and regulallons w35 as folpws: the CfvJa4JeErtent partner ensLtred that Ilie engagement team collectlvely l?ad W￿￿ptIate 0Jmpe￿￿, capabllltles and skllls to idtfjlify ¢ty recognise mn-c0mpl1aD￿ With ￿￿1(able law5 and laii0¥I% such as the Health & Safety at Wor* Act 1974, Charitie5 Act 2011 and Comw4Fes Act 2006. . Idenlifitd Ihe and tegu]atFons ap1￿1C3ble to cbarh* throu￿ di5cusslons with Tru51eeS ond other management, . we a55essed the extent of cDny)l*rt￿ vrith the law5 reswlati(Th id¢ntsfied abchE thowli making eiN1ix￿5 of m￿lagenient, and Page 28 Cumbria Community Foundation IDdependent Auditor's report to the Members identlfied kn￿5 ond re9LFlations were oJ(nmwMcated withln the auth teJn regularly aNI team re(naÈrse(J alert to inslan￿5 of non-¢omplianie througliout the au(*l. We assessed the susteptibility of the ChaiR¥'4 finanaa1 stateiTtents to materi& nNsstateffent, induthng (￿taIn￿9 an Lmdor5tanding of how fraud Tniohl Dccur, by". . makitu cn￿e wkth laws and Yeglalations canrK)t be expect￿ to detert all frBud and non-comi￿l3nce with I￿lIS arKI regLdatKJn A flrther descriptK)n of our reswfigbilAies for Il* audit cl ihe lÈnancial statements 15 locdted on thc FIna￿la7 RetM)rting Coun¢Ws w2bste at: NY*YbY.fio￿g.ukjauditorSre$iy>nS￿>AItleS, Tbis descrioKin forms part of OUF A4Jdltors' report. USE OF OUR REPORT Thi5 Yeport is n¥de y)lely to the dkrltatle cwnp3tiy's momkrs, as a t￿y, iii aca￿d￿ce WFth Chaptor 3 of Part 16 of Ibe Cnmpcinies Act 2Q06, Our audit work has been unde.r13ken so that we might siclte IQ the charft*)le rDmpany's memljers those matters we ai E reoulreil to State tv them in an A￿￿ltorS. rEport for ￿ olher ￿jr￿Se. To fullest extent pern7itted by law, wc (b TrL* accEPt oi assume Fry￿11&bilty to Other tlian the dian16blo cpmpary and it5 MeIn￿ts, as a bo(ly, for ow awjit JTK for tFw"5 rcwrt, or fLY the opinton5 vJe have ft)rfi￿. Karen A R3e FcfA (seni￿ #atutyy aufFtor) fcy 6nd on behalf of Arrnstrong Watson A￿dit Limited Ch¥teTed A￿OUnt￿ts & Statutory Audrltys 5tatut¢ry A￿lit01$ Cartiste Py29 Cumbria Community Foundation Consolidated Statement of Financlal Activitles for the year ended 31 Marth 2025 {incorporating Income and Fxpenditure Account) 31 Mardi 2025 Unrestrided Restricted EndvAThents 2D24 Totsl Total Iftcome GeneTated funds Donètlons and ]eg￿leS other tradlng acti¥itie5 Income from Investr￿ntS Charitable actiVitl¢s Grant makir¥J progra￿ othet charlt3ble activities 161,398 24,420 216,967 1,456,952 4,022,929 5,644279 24,420 979,176 2,676,819 13,671 855,063 156.092 596,119 ioi,ooo 12,337 4,705,150 6,880 4,813 030 -1,876,119 12,482 Totaf In￿rne 516,122 6,328,194 4,625,928 11,470,244 7,434,154 Expenditur¢ on Ralslng furKEs C*aiitaWe activii'les 524,389 684,976 56,412 29,342 580,801 7,235,339 487,905 7,132.104 6,521,019 Total expendltur¢ 1,209567 6521,019 85,754 7,815,140 7,620,OQg NE&t In￿me/expendItWe before investment gains (693,245) {192,825) 4,540. È74 {185,855) Net 9gins1{losses) o Investments 14 {4,3751 (1,119,174) (&123,549) 155,128 Net in¢omÉl(expendituYe) before trdmsfers {697,62U) (192.825) 3,421,0 2,530,555 1,969,273 TraDsfers between [￿ttIs 767,655 258,250 <1,025,905) Ilet movement in fund6 70,035 6S,425 2,395,095 2 530,555 1,969,273 Toial funds ￿oUght f(Kward I,QX)6,340 4,286,831 29,583,789 34,87*960 32,907,687 Total funds tsl Assets less Current Liablllties 37.407,515 34,876,960 Funds Unrestricted f￿( Re5trirted lunds Enoowment funds 19 20 21 1,076,375 4,352,256 31,978,884 1,006,340 4,28G,831 29.583,789 37￿07￿15 34,876,960 These fl￿anc[al 5tat£ments E&ivc. ￿yeP￿ed in accoid¥Ko wah the S￿(101 prcNFsI(ms of Part IS CA the Companies Act 2t*J6 Frkt]n9 Io small companie Approved by the trustees arxl Sign￿ otk tl*ir Mr D Beel Mrs A JLth5ton Ddte: 23rd Sepl¥rd)er 2025 n<*es farm wt of flroncial gtatements Fage 31 Cumbria Community Foundation- Company Company no - 3713328 Balance Sheet as at 31 March 2025 31 ma￿ 2025 31 Mwch 2024 Fixed A55ets Tartgltsle fix2d ossets Land Investments Ollier inveslmtrts 13 70 20,000 30,788,415 loo 14.757 20,000 29,Z%3,795 IGD k4 15 30,817,215 29,3IB.6X2 Current Assets Debtor5 Cosh al bank harrt1 (Re5trKted) Cash & bank ￿K1 ￿ h¥rtl 16 4n052 5,090,518 1,598,172 272￿53 4,916?29 1.149P51 7.161,542 6,337,433 Creditors: an￿￿t$ f3lUng (lue withln year CrEditor5 hnd accruaks 17 571,242 779,125 Net cul￿Tht •tssots 6*90,300 5,550,30t5 T¢tsl Assets less cU￿￿t LièblIit￿S 37,407.515 34,876,960 Funds Unre5trlctéd (und5 Restricted fufyJs Eadowfflent futsls 19 20 21 1,076,375 4.352,256 31,978,884 LOC6,340 4,286,831 29,583,789 37,407￿15 34.876,960 These financial staternents have been piepared lit ￿r￿*￿irKe wKh the ycid prwt5Fors crf Part 15 of the Companies hct 2ty)6 FelatNig to 5Thall cory¥aEkie& porov(xJ by the irustees arrfl ggneAI ￿ thor telialf r D Béeby Mr5 A Jthnston Date." 23rd SepEen*er 2025 The mte5 fonn part flroncial sLitemerrt5 Cumbria Community Foundation Consolidated Casli flow ststement far the year ended 31 March 2025 2025 2024 Net cash genttated from oporating Itctivsiles L327,956 (631523) Cash flows from Investing actilTiti Puydiases of eq￿Prnent Sale of equI￿￿nt Divrdencb. InteresR re￿1ve(s (kss wmuL*d d￿) Addlt4ons to #TrfeslnEnts Dravkn frEYn it)NE5tm￿l5 (2,290) {7,943) 979,178 {&681,533) 855,063 (s38.￿6} 154.713 461927 (1,704,645) Ilet Increasel{decr￿e) ir4 (3sh and casli in hand 623 311 {169.596) Cash at barbk and In hand at beginnlng of y=ar 6,065,379 6.234.975 Cash at bank aml in hand at end of year 6,688 69 6,065,379 The Fujtes form pwi of these f￿ncE8F sts[eM￿lS Pago 33 Cumbria Community Foundation Notes to the Finanual Statements for the year ended 31 March 2025 i ststement Df Conyliance Cumbri3 comnwn￿Y Foundatton Is a Ilmiied company In¢(J¥poraied England and wa￿5. Tr gddress of its reglstered and 1xi￿1p￿ pl* of tx6irw is Dovenby Hau, t)ovenbyi C(th¥mouth, curr￿rIa. CA13 OPfrI. 'rhe ￿1rrIpal a￿5￿￿ty of the cofftparEy is to impruve the quafity of communlty Ilfe for fv por4Jk ofcumbria. It d￿$ tktss Ery womotlng philanthropy and managing grant Inakjng Ivno15 on bdia¥ of indlviduèlg, larrib￿ ￿SIr£S5e5 and Drgan1satlr￿s. Th& finabKÈal sl&emenls ETrave been presented rn Pourxl sierhrvJ as this Is the cur(eKy of the wlmary econtAnic en￿rOnment in syhich the ComtNJny opeTOte5. Z Accgtslltln9 Policies Basis of preparatlDn ¢f fhTrnoal statements aNI evnsolldatic The financial 5tètements have been prepared in accordance with Accc*&nbng and Reporting Ch¥itiE5: Statement ￿ Recommended PradFce applicable to charltles prepaTing theif ac￿￿lts li acmrdance with Financia5 Reporting Startdard 102. thc Finan031 Reportin9 Standard aH)licable In the. UK and fvitFeS (SOFA) a￿1 Bakn sI)￿t corwlkl*e fin￿cial 5kntemen￿ of the Curnbr￿ special EwJ)t Company ￿h￿S ￿inpaTry 15 dornai)t). ki sepwate SOFA Iws be￿ ￿eSerted for Clmnpany atone a5 ttrmttted by Scctiork 408 of the CDmpa¥*es Act 2006, Company status The CLwnpany is ¥ company limked by guarantLY, n￿er5 of the Cc￿)ary are the Tr4theg named on page 3, In event c* company be¥n9 wourKI up. the liabillty in respett of the warante£ is limFted lo £1 per member of COM￿￿¥. Fund ?ccollnting LIr￿sE[ICted fvnds aTC av81&ble for use tit the digJctior4 Df tFte Trustees In fUrth￿an￿ of geoer?1 obpctlVC5 of cowarry and wrhich have de￿rk?ted for other wr￿￿5. Designated fUr￿S comwise Fffjresificted furxls that 4ave betri sèt agde by the Trustees particul8r rtO5e& The aim and use cl ead) des]￿tIted a￿ ser oul In the note5 to the fw)3fLI* staltyncnt5. Restricted funds uc funds v4FIKh arE to IE usal in accordafice with 5F¢cA￿ restrictions imwJ5LxI by donors Aiich haNE ken rased by 1fr￿ catThP3ny for particular w tM)5es. of ra¢sing Wkd admif4iSterlng 5uth fund5 we charged against the speofic fund. The atm and use of each re5thcted fuTKI are set out in r￿E¢S io the financidl statement& J6JwmeJrt f￿d$ *¥e long tem funds wt¥th are li)￿Sted lo geFkerate rebJm5 foT 4Jront mk*)g. Investmert I￿Jm4 gain5 and losses are **aied to the apprcpkiate fund. Xn¢on) All income is recogni5ed On￿ the c￿Y has entitkmeni lo the I￿orn> it Is probable that the Inwme wil LE received, and the amount of kncome ¢ao be Inea5urod re1kn￿. For legacles entttlemenl Is taken on receipt. Fieceipt of a le9acy, in whole or In part. is only consldEied probable the ?mount can be measured feliab1y, and the (ompany h3s l￿en t￿tIf*d of th& executorf5 Inlenl4)ii to make a d15tYbuti¢n. Where kgacie5 have been nolif¢4 to the cornpartyl or the mnwany is Page 34 Cumbria Community Foundation Note5 to the Financial Statements for the year ended 31 Marth 2025 avdare of the ￿a￿n9 of the Cfiteria fc¢ iici)rrE r￿o￿lt￿)n IV￿ not been met, the 15 treaiEd as a condngert asset arKI dithsed Ir m?terEI. lknn*d seThices QT *adl4les we recctrgni*d *theii t1￿ ctryanv has (￿tr￿ over the lem, aFW LDnditlOFIS asscdated with d￿tated item have been recoipt of economic benolt fr(¥n tf¢ use of the ￿ lo ￿Ve$trrEnt 15 fwni5ed at thE t1Fr￿ the y?¥estment ￿Ct¥￿e is ￿)vabl JrKome from grant makirkg programmes Is Yecogrwsed either on re￿Ipl cr when Ihe conthEKJn5 Stated in the pr¢grdmmes (￿d agTeenient are fnet. Expernliture ExPe￿Il￿re is recognised D￿e therc15 a legal or constructive obllgatioTr to rnake wment to 3 thsrd paity. il is pmbabEe ttrEat settlement will be rcquired, aiid the amDunt of the ttbllgalicn (an be me3sured relipA)ly. l expeThliture ks accauitEd for rjn an armays basi5. AEF expenses indu(Sng supwrt Costs and gOverF￿nce costs a¥e allocated lo the appltcable expenditure headings. (>*r￿￿d costs ate elther all(￿atod dirertty lo the ￿5t of generating fund5 Dr arc 4lOCated towards grant Gr3nts payabk ?re reojgnlsed as eyrtditUTe either the reElINent 1135 a rea5LYklle exfwtgt'ion that ¢Ew ￿11 recove a grant ar￿ Tfusteés have a￿Eed trj the gi￿¥t. TangThi le fi¥ed Assets and depreaatioii Agsets used fc*r charitsble puip¢¥ses, with an eApected u*ful life exccetFrtrJ ￿al. are capftaltsed in the balan￿ 5h£et. Tangiblo fixeql assets are 51at&Y & cost less (￿￿. Depreaation is orovjded at rates caltsjated to Wflte. c4f the c05t of ffted assets, less theÈr estimatcd residual vabe, over their eK)eciÉYl useful Ikve5 on fob(MEn9 bas ComwI￿ ewipmwt oirKe equrpmoir Written off tlyee J¢ar5 c*Tr a strarght-lne bas15 25% cffi a reduclTrJ balarELE ba515 Investments Fixed as*t inve5tmcnts are. a form of f￿rK[al InStr5￿ent arKJ are irdtBIty recogni*d at Ihelr traD5action C05t arKI gJlw￿ntIY measured at fair value al the Balance sheet daty urile55 fatr V4lue cannot be nieasured reliably In whi(h o5e It is n￿aSured at rL)st le￿ Fmpaimient. I￿veStI￿1t 4]ains a5yd ID55es, whel11￿ realk5ed or tsnrealised, arc comblned and Shown In the heading 'GaiTh51(IDsses) on investmeDt5' the StateM￿t of firkafickl Kti¥itie5. Subsidiary urtdertakings InvB5lfflEnls in subsidiaries are vaknd at cost * pllNisi(￿ fty im1￿￿[1?ent. Debtors frodc BrKI ¢ther debtors are recfMt%d selller￿t amDunt *er ry tr￿& dlstowt dfered. P(epayFnents are valued at the amunt prepald net af any trade dtywnts due. Page 35 Cumbria Community Foundatiort Notes to the Financ￿1 Statements for the year ended 31 March 2025 Cash At Bank and in bartd Cash at barÈk and lyb hand indudes cash 3ttd Short term highly liquid inVe51rnents Ylith a maturty of three rnnnth5 or le55 from thc date ¢1 ?¢qUSibon oi opervng of the deposlt or sin¥tar accoJnL Ilab511ties and proviston5 LiabilÈbes are reco9n15ed when the￿ ts an obfoatlon at the Balan￿ sheet date as a resuEt of a pastovcnl, It Is probable ljiat a transfer of e[0F￿MFC benefit will te required in settlement, the armunt of the Seukmutt ￿ be estlmated reliably. Liabilitie5 recognFsed at the amGunt that the oxnpanyantlcipales it wil pay lo setite the debt or tlie amount it has recf ived as advan(TrAI paymen15 for tl* g(X)ds or seivices it ff￿st provide. Plov15Éons afr measured at the best estimate of the amounEs requirEd tD sEttlc ihe obligabon. Where effect (* the ttme vakie ot fr￿neY ts malerlal, the pro￿90n Is based on tlie present value of thDse dtxounted ot the discount late that refiect5 the It5k5 5pecKK l¢ the l*blRy. Tbe unwtndiry the (liscount 15 recO9nsW Wkl¥n Inteyest ￿y3t￿e and smilay clw'4Je& Pensions The compaFby opefatQ5 a defFft&g ¢ontribution pension stherne the PÉYk5ion tharge ioprosents the 90￿unts payable by the c￿an¥ to the 14End In respect of the year. Qperatihg le4ses Rentsls uTrler operat¥)q ￿aSe5 are trj the Statememt of fIn￿claF actiiryiie5 Iffi a straight-*Eie ba515 0￿r the lea* term. G¢ln9 corJe£rn i'he financlal slatements been WepOr￿j on a g(MrKJ conrkrn b05iS as the Tri*% bekeve th?t r materFal iincertaioties e￿$t. Tae Trystees have cL￿51dered the level of funds hetd aThJ the expected level of li￿OMe eynditure J.2 monlhs from akhor4sin4J these fil￿ncIal 5￿ter￿lts artd havc concludcd thai ihe tsjdgeted irKonTre and Eevised, rf rlwisith affc. cts only that period, c>r 41 the ￿r￿)d of the arKI f&we K￿l£KI$, If the F￿v￿On affects brtl) current futLkre TE￿ uitrcal jLkIgem￿ts that drrect(Jf% have rrode lèi Ihe Frocess of 3pplying the cLInp￿y'S accounting pokit% thai have the most significart eff￿t cm the a￿￿1ts re¢ognE*£J in Ilie statutory finai)cial ststement5 are di5CLF55ed bekwi. (F) Assesslng li￿1(￿0¥S ￿ impairmoc In as5C5sing whether there have been any incficator5 of impatrrmcnl a55ets, the directtrs have considered both ffAternd and intci nal 5oUT¢es of Informati￿7 such as market coiidition5 and eWer1￿ Df iecovery. T1￿￿ have been irmlicators of impatrrmetts K4enlified diiilng tl?e current fir%8ncial year. Revehue r￿TritIOn h tex)ect of legaaes Tl* oynpany h35 estimated the value of legacles ty k)thi￿ al valuations of estates prDVi(kd by the exECUtor. TrEse valuations cai Ir￿lUde as5et5 that hayc not been realised yet, any varIaY￿S to tbe e5timate5 coukl [￿FI IrF the ¢¥er (r re(xwNtion ￿ revwkue. DeterMlnrf￿ resithal values and u5ehl lives of eqU4)meAt The comparky depreciates lan9ible assets over theii. estimated tjseful lives. The estIMatk￿ of the useful lives of assets F5 basod on hLstOTk p¥forn￿nCe as as exFEctrtR)n5 about futUFe use and thE[e￿¢ Page 36 Cumbria Community Foundation Note5 to the Financiol StatemeAts for the year ended 31 March 2025 requiros estinaie5 arKI aS￿]MplIC￿$ to be applied by managem￿￿t. The actual lives of thesc a55ets rAn vary depending on a variety ¢f factors. IrK1th￿ ted￿￿OgIcal iftnovatrjn. prCrt1￿t lifo cy(ks and Maintenan￿ ptogiamme5. )￿gemen1 Is appltÈd by management when detprfflinino the residual vaknos frx equtpment. When detÈrmTn4ng iesidua valuo ntranagement aim to assess the amoufii that company would currendy Obla￿ for the disposal of the assoL if 1¢ were already of the o>n(iltlon eKpe¢ied &. the eNI d its useful ecibnoThiic l¥e. Where wssible tli6 6 done ref¥￿tr to ext￿￿* nkrket prico5. Paoe 37 Cumbria thmmunity FoundatiLTrn - Consolidated Accounts Notes to thé Financial Statements for the year ended 31 Marth 2025 Titsl Tota Lthrestiited Restr£cted EndDwmèTht 31 Mar¢lJ 2025 31 Maich 2024 4 Dortatlons allil Iryac£&* Indwidual and 4Joup doTr4tnns Coiporate (bnati[￿ Local èuthoniy dofdkjns Ctharltèble trust5 Mombeishii Leoacles Gfti $ Ifi 41nd T4xalrort reCover*￿e 50,235 24,7&) IW19.266 983,(65 2,051￿56 27&554 Il57,4t 2,460 719 IJXe501 1317,752 106,700 14É.198 75.316 14,643 1,20Q IlQ,209 78,526 577,778 577,778 2,CffjQ 363.(M)O 52,432 304,691. 16L 396 1,456,952 4,022,929 5 641 279 2.676,819 2D24 Totals 2L3 016 1,720,DD2 2,676 819 Total T£*al Ur¥e5trirted Restrktsd E[Xkn¥￿￿rt 31 M4rch ID25 31 blarch 2024 5 Otliertradln9 PCtivilie5 Events (intome genEr3tlD9) 24,420 24.420 13,671 2024 TolpFs ,a90 671 Total toral ithrests*ted RLi51¥rted EhdownkTrnt 31 March 2025 31 March 2024 IAves*Ment income Inleresl on (ash depo&ts other ifiierest receivat Refjt recèivable Siock ptsrtfolS) 209,656 211￿99 26 460 767,1)93 I20,049 22 460 734,532 60 £63,689 5%,IL9 16s,a92 596.1 L9 979 178 855.063 2024 Totals 127,512 165,1185 5£Q.665 855,063 Totsl Total Unrestrlciod Resl¢ict8d Enrft4￿nent 31 Mar¢k 2025 31 fv1ar(h 2024 7 ch?Titab￿ actlviTries Grart m*iking programmes Grants receivab]e'. Loial ADthorlKS CorpDTrtr Ltsno Ret4rrn of Charitable tFusts and voluntary sector or9arusai￿ls Xealth authorttles Gra￿t reftiDd5 1,656,m k,314,2rJ 1,654TI8 1021.153 671,990 1,911.5154 6,880.00 681,2z8 827,731 225.L40 681,ZZS 928,731 225,140 67B,852 52I222 9J.471 ioi,000 IOL,OQO 4,705,15 6.8BO 4,813,(130 3.876,119 other th3Yltable qrti¥it4ts Grant •Jminlsfratl￿ fr¢s recer￿1 Other charttsbk aclwQle5 12337 Il337 Jè4BZ 12,337 Il337 Ji482 Totsl clhirltBble acti¥iilÈs 113 337 4,705,150 6,B80 4 815 367 20Yt Tota5 3 888.601 P￿36 Cumbria Communlty Fotnidation - Consolidated Acrounts Notes to the Finandal Statemerts for the year ended 31 t4ar¢h 2025 8 Expendit¥r• G¢n¢ratlThg Funds Grant TrAd1 2024 Grants 2025 DTtoct cost *&ants Isoe g) Staff IYAS {See note 121 Ewent o)slS Reiruilrtier*n9 èNJ wblKity ctht5 work to develop row flow thi'ough antl I￿9 ierm grani fvrxjs. These costs pwmcbilonal lea￿ts and r*w4(TrttWS, and meetlng %Mth por¢nriAI doTrDTS advisers. F￿*￿ation'S even15 pfLtyiamme is or¢J3nird l• piDftle wyth PDlw*ixI ¢thy.s nd EhJE specik inc1x￿ genwAlion. Exp&hfknre ha5 l*ri spll. lythten ienei¥AI9 fl￿5 and fol￿.. Generat4119 Grant Fimds Maki119 Staff (osts /oThr Lnstrs Recrullinent costs ff travel Eran ￿L￿tIng5 &nd yolunteets Fees IDforffjatiDTr terhWy and sresent the corknibuth)ns payth by tt)e Foundation In tF* year. There were Cr￿tI1b￿tIC￿s of £￿1 a￿rue¢ at the year ervj (2024 - £r¥l). PèJe41 Cumbria CommunSty Foundation - Consolidated Acwunts otes to tho F￿￿n￿31 ￿ateM¢￿ts far Ihe year ended 31 14arch 2025 13 T•MJlb1• FFxtd •Asets rot4) and Tfnanis ogfice vlpro¥éme￿S ewpmert lo￿1pMOnt TDtsI Cost Elroiitsm" krnxd Addltsons Dlsposa15 3,196 kL,7I7 33,646 iHsx 4&,54g 2,290 11145 50th9 8Toufjht frlward chiirg* Qn ￿E¥lOSalS È,Efj4 GW3 33,791 8?48 IF19 2.Th9 31.173 et Book ValuE 31 March 2025 467 7DQ 31 MNch 2014 4,834 All hxed wets for ch*tsblÉ Inve8tmenls Grnup and CoMp*Jy Tolal 202S T&al 1024 Market valuè At l AprÈl 2024 AclUiS*lrQ)s at co lilo pmceaJ5 Net oain ir* In ye 29,283,795 3.681,533 (53J64) [1.123.549) 21792, 538,g¢J6 l?Q3,175} 2,155,128 At 31 201ts 30 788415 2fy.2&3 745 ¢¢st at 31 •tstth 2025 26 770 779 24.823 695 Mfirk¢t 1025 Market v 2024 COIF Chafrt*s itwoamert Fffis Rèthbone C.¢to IF￿st￿ent FuTwJ CJarfide5 palh￿Fi¢$ Man￿￿7¢ 16,S64230 1,329,886 IQ,54F 697 I113B,850 706,652 16*21413 L,362,5&7 10593,330 Olhor 699.465 30.788 415 29283.795 15 Other Inveknents 2025 1024 Shwe% ifi undert&illg5 IIKJ orthary with vèlR ct El in Ctjftthrla s[￿ EveTrts Cryafjy i￿￿11&L Curnbria wcl31 ￿rtS CryAny Uinlted Is a doméfit J Fs uAJH&I. ThE com[￿V k ￿5t￿e￿ ￿ E#W an& Wde5 with company number D7972111. 16 Deblprs Gmw Comparry 31 Mat2025 31 2024 31 Mar2025 31 2024 PfepatrYnw*s •Kt Incc rets>veralle 220,395 252,457 2711,316 J.?Jl 22D,395 252,457 2yf>.316 1,717 8$2 472 852 Page 42 Cumbria Community Foundation - Con501idated Attounts Notes to the Finanaal Staternents for the yea¥ ended 31 14arch 2025 17 Cr¢dltor6• arnounts laBiny due wltkln •)n¢ year Group Cunwany 31 Mar 2025 32 M¥ Z021 31 Mar 2025 31 Mar 2024 Trade c¥editor5 Ac(ruals ￿ deftrrèj Ifrtome Grants payable 011￿r taxe5 seLurliy 21,245 71,669 664,173 15.938 ZS,W4 65,DGO 464,692 15,3U6 27245 71,169 664,173 15,938 64,960 464,692 15,386 571,142 779 025 <¢n￿ts deferi&l I￿u￿¢S ¢efurEd i¥K()rnt of Ellil {2r)23 - £PIII) vihi(h14 ftJn(fing rElea1￿ Fn adV￿￿e for KbMtie5 wll yEar. 779.125 18 6(antf¥nding con￿ltmentS Group and Company 31 Mar 2025 C(￿mI￿entS at the start of ltre irants appioled tILe seaT s pMI the year 664,173 6,844,217 ,041,539) Comrrttrnenfs t the LTr1 0¢ the 464 692 19 Unrostrlcted Funds Group and CDrnpo7ry Tot És I 2024 Galfi on In¥vtmerts 31 IV25 Expenilibjre Trèftste itrwe5tfitted reserves I9￿ted fwds 898,432 lQ7,9Q7 4,041 172,rffji {83L779) 6ts,7 161,919 (4,375) 1,012,05S 64,3211 1,006.340 516,122 t 209 366 767.655 (4,375) 1.076,375 za Restrftted Fund8 Gi'aup Company Trt N¢￿$ 2024 Total 31 Mar ZOZ5 Irr ExpeNlilure Generdl Qr&nts 6ra&v{￿S grants Comm￿*Y Firsi grants FIOLV Thi0￿ funds AppE&15 22 533,846 63,104 473.443 38,4frf> (444,B09) {130,201) 252,3Q. 68.8 814,861 40,137 24 38,9 3,404%￿6 36,SP) 5,568,GGe 115,Q52 95,951 (35,028) (5.645,223) (103,513) 116123S) 36.325 3,165,054 17,2 278,617 (162XJ7J [1,4En iOS,kXI 239.7TJ 4 286 1131 6 328 194 6.521.QJ9 352 z56 21 EnrfowmÈrt Fub)ds Group Con7p8ny Gain Q Iiwe5tJiMJ.n15 TDtaf 31 MBV 2025 l Apr 20M TTb2)me ExgKdt4tt Tratsftts Goneral Enthin￿￿t Grassroots crXtr￿ent fI￿dS Community ￿5t 3Q L3.477,323 31 2156,￿9 4,2S6,I 78.48 (59,885 (6,4H) (566 CB7) (106 540) 1536,42l) {84.942) 16,571,110 1236,807 32 beslgn3¢ed etH1uwn￿t fijvts 33 linked Char*tles endown%rt 2,366,812 5,201,753 <62> (10,?571 (110,279) {157,001) 256,471 5,070,IOB 271,E68 (191.555) 34 6.181,643 (9,(Y6} (161,7J3) (230,531) 5,844,389 29.583.789 4,625 926 1015 905 1,119.174 31 978,884 P*Jè 43 Cumbria Community Foundation - Consolidated ALrounts Notes to the Nrrancial Statements for the yoar Énded 31 Marth 2025 12 Rcrtricted Funds- General grants fumds Group and Company Total l Apr ZQZ4 Total Irthme ExpeiKliture Trèn5M. 31 Mar 2Q25 Alston thor CAThmun*y FurKI Barker Fu￿1 Sorrow Communty TfVS1 Fund Beeby Famity Fw¥l Bvrrom Pratt Fijnd Brlan and Ar￿ Clark Fund Bridgeb Magr(61 Mu5[( POE Buen Pa 6urnetJs Thrlve CN Gioup F￿￿7 Ciofton Trust Ftmd CumbErlattd aNI WesEt)Y)rlafid Herdld fwKI Cumtsria Cultural Cunibria Heallfi ImproveMt Fund Cumbria Inth[St￿5 AffjeDities F￿r￿1 Ciimbria y￿fty PeopEè's Fulld Davtii & B￿kIrt Fug Disabtlity FI*￿ lor Cumbria iiora Beeluth Memi(Il Fun Eden kurd Communty Fuod Education Fur￿ {CutYkbrla} Edw¢n and Anita P4ackay English Lakes Hotels Trust Sustalnability FtThJ Geoffrey Blake ArchlettuFoI Trleraaj Gibb Cb¥Tlt*le T[￿St Fu￿j Gurney Chorttsb￿. Tryg FvNd High SAerlffs Ctimeljeal Fund H(FnteT Da¥ie5 Fund J4netta Tcpsy Laldlaw FLYKI leffrey Bood Memorlal FurKI johnson Fund Kipiing FuThd for Yujnger PeDple Kiplln9 Fund for ¢lkkY People latdlaw Fund for ihe EnyFriyitMi latsrel lavirence FUMI Itve Ilie Furtd V4a LW Fur4J Out of Edep F￿xI PapwJallinc¥ Fu￿d Prinlor5 xnc Mobillty Fund Robinson Fornty FwKt Stsff 10th Amlverwy F4ryxJ Swales Trust Fwxl Burdet Fund v￿(el L4idlaw Yrttst F￿}d (3,163) 3356 (6,5WJ) 3,584 {15,IB3) 10,123 {61095) (136,994) 1,886 58,046 1,493 4,Q9Q (n) 3.987 19? 3,￿0 5,G16 39AOD 7,J116 261,452 7,741 101064 I,B86 2,QOZ 1,800 1,853 )?58 (60.046) (I,o(xJ) 2.293 5.943 25.77Z 6,010 (lQ,524} (3,987) (3,517> (952} 912 9S2 2,011 172,236 165 627 I4￿63 9,453 (5,996) 3,761 (4G,912) 56.575 (A,UllO) 1,042 (35,363> 35,￿6 (5,000) 10,0 12E,894) 20,37g (3,800) CI,73D) (1,346) (1,500) 14.639 197,354 207 L230 3,.522 1.774 1.730 1.346 5.915 401 4,415 6,5 195 (3,544) (5DO) (7,SLII) (2,600) (1,119) (3,822) (2,690) 3,7A4 4,429) 24,&23 (I,ooo) 1.fj51 <4,304) (1,500) k,764 <4,019) 6,3rf1 (6,000) (16,885) 24iMI (J,628) <4,000) 6,953 (48,599) 39.945 (12,760) 12,780 {2,920) 2.619 (4BO) 478 {2,100) fj,119 (4,056) 3,177 (1,936) 4,420 1,051 1,159 4,587 6,450 3,041 1,719 1024 2￿21 651 2,327 I,ooo 971 (322) 3,270 15,443 942 i.ooo 2,404 395,QCfJ 1235 36S,750 2,428 2,127 1.926 879 826 S,945 248 533 846 473,442 252￿￿2 The tran5fEp5 of £2S2,382 are mDde up as follows. - E433,245 In¥esbnenE drawdvwn (or grant NakirNJ. - £4,237 conlribution ro tlie Foundatiort* FunnlThg cosis. - {£185,1￿) tran5frTi¢d ia othèr granE making (unds a5 wJree¢ dThrs 44 Cumbria ¢(mimunity Foundation - Consolidated Accounts Notes to the ￿nandal StstetY*nts for the year ended 31 14arch 2025 22 R¢strlcl•t FuDds- GenefHI gTWEt tuJMls (tOnt￿￿ed} fjro￿p and Ctxryny Tre Cfymnwnlty r.und gi￿ lor dArtabl¢ trerEFtt cl the wish ol AlstOA. Tlie &irkex FunLf gran15 tu oryaftlsailons ibai young PEople yJpport the adv¥¢tymerrt or e4Eucatron, ifflckthyj Farmers wha are agd under ?.5 hve In CvmEiri?. The Tn￿t rnakes wls lor the the ￿OplE olthe Bor￿(*1 DF Bafrow414urn T11e 8e2by Farrfi Ptnl trj the IFf Iusafvamogoth Child￿ and peuple ui Cunknty giV¥WJ pfiTJriLy to Ihc¢e Vt*Jkn in the Yrlla*5" and ¥t*al convnvnl%wle5 The EyeUier tol￿ake mvslc of ary FarKI ￿ Wtst arft*Jrla wwtod help raise their E&￿all￿oI alr&¥￿* (￿ter ispirnllon. "rhe CN iknp ￿lInEts. tv grassroots oroups ￿ the th5trlbuli0o1 Jrè& The Qoftryi Tr￿t FI￿ EtRkes to IlrOftTrQEQ ihe educatkn rf the Fthlic w¥tulturt ftrestry the countfW"de. The c￿1￿￿er1•￿j aTrd Her* Fund 9llXWS pe4¥de In F*iè16's tNin ciiculotson area. Tlie Q4nbrla C￿1 EnakES ro IltOlnQEe ey￿eltencE art5 CL*wal life (( Ihe Co￿1￿. ThE LU(hbrla Me&* Imwovemert Fu)LS is split lThl0 16 sub frjnds, ThE fuTrJ5 are to support WEllbeino w prtr1e1*￿ projects, servi￿$ p4utprnent that are likely to dpsi￿r mosl iinp* kn ierft f l(nYi (Y41ng t￿ h￿tth wellbein9 Ilio Lkn)bria IM￿s￿eS AMult￿ Fvnrj grants to 5UPPOrt disabl￿ peopl¢ kn il* Carlisle Jea. TliÈ Cljmbrla Ywng Pu¥Ads FLind Diakes gr￿ bj beThEfit ¥f￿ PEO* ¥dwJ i i ro 22 who in Curnbrio or Yélw up ￿ C￿nbria. DaviLI a(K1 marg￿et ma*es 9rgnts fw Individuas arxl to £LJtrTrrt or opportwliies for yOLtrwJ PEople in thè vlsL¥al or litera￿re, Dlsabllity Fund lor Cuibria I￿akeS qrairts for grovps and Indi*T{k￿l& 5M4¥XXt pYacK& t Pr￿0￿ th2 NIu5ion rf dI￿bled people in erylwikyil. The Dora Ileptrll? 14enu¥ial Fund tnakts grartts io >xkry PEqle port4>lt¢ b yrr or rareigfi Ira¥d. Tl* Fty¢Tr Rural Camiunity Fund rft*és gr¥ts lo txnefil res41e￿5 tIE former tYstyt¢ SL1rro￿n( vAio rtythre W and care LO eTrablo. Il*n to live-Trtteoendently ai)d safely lai ihoir oym hDnieL "I￿ Education Fund (Curt¥iQ} make5 f￿ ¢(t￿t￿ Indiwidubls gro f people ¥vho res%* In CLtrrttyk, and hTrlta Mackz¥ ￿er￿Nial ¥ryes for corlvnunity gro￿ and TroieYneAW ¢wses. llie Geoffvry hchikectural 14erft3go Furtd sJPPUrt5 (UTTHnut)ity based pr&Jeciq tn Cumbria of orditie t*J. Tlio Stslf 10th Imlkwsary & rt)￿)r •Jwse4 seL LW try st*. r Tlie Sw*s lh￿ airn5 b] Ui¥t S*FVCrt DI twvJ cth(*ed fN r(TEStry &iO rb"uJEturtl thtknstsy, The &rthr ￿akeS lo that tss r* Lrther thDS¢ PrI￿lif17 irnltho lo skills c4jrf#SE￿y.. The ￿018t Tiust Fbrx1 ￿L￿O￿LS Feo>K* ift the tstllde arp.a •$ è regJtt thuo ?dOlQ#)n. dO)ffE>￿￿l￿nc￿ lamlly breoldwln 014J meiiQl 111 t*ath. 29 Rostsicied F￿nd5- Gra55roOtsèF4rt8 71ie cath￿￿￿11e￿dIr Gry)ur￿J ￿.￿1)E è9È4114 1tr f eIt￿r li¥t IA gterfi L¥) til Cumbila. The ￿x0[k &4WOLNS fyant5 Flints makos ro￿[5 ro Wp Wliaibns In Its. thmpaiyft erwlLVrt¢s pf r*Sidon￿. The Fvenir¥J GrasyeAts Grarts F￿1 f￿￿1£ qtOLV5 kn arep4 ￿ ￿9¢ vlt4 ble e￿Ity 4Y itll yrthJ Feth:. Thp. FryL+r GrawrAtsGor4ts W *Tra￿S 4raN5 to ￿rA1￿5 *Thd ￿tt￿l￿"r8 th11fv arnl p￿. W a ￿0£e yJrwrtlrwJ 1& 16 V￿r olos irot The Gra￿lS Grard- Fwtj for Bar￿ moks %yli hifrF the foirnei 8Droyyh rfB&rthrii-. fwi*ss. ThE cird5y￿ts Grarn5 yants throuyhDuLlhè Lwi)ty. 11 xioports giiJiy4 li i I￿al conilnue ￿ ey4Jarirf Ihelr WOFk In(liioing and PfWIgCrfI. ThE L￿rt P(ILknLv¢ GJLsthit5 Gr8rtEs rnatE yrarts io or0a￿slIMs tfwt knpra¥e Ihe li¥ES d pe(* kn We5tCw*i* ty ￿lsIrty Il*ir awiratson athié¥omtnL Th¢ fYas5"rO¢AS f￿￿E5 FutKI EnokE5 to sm¥ poJ&x •l¥ly IA C¥irknfta. The Ekiarry WGras5rorts Gr4rtts Iljno tNk¢8 9wAS Iltho a pÉftronto IOT the tsrmer Mr Merthfe Thv. 5hEplty &￿￿Gra55T￿13 Grarts F￿d iia*£5 prefererKe r The 3Jcob5 fr￿ thal*s to *th￿teer *6￿￿￿￿￿0)•¥rllrrtv ycijp5 The Th(￿5 &*srocts traots Trwkes ro trKfea5e parbciFRth)n In Spj The V13* St￿YeS LLWRGrw4Jth F￿1￿ or?rrt5 •) ￿&11 proiptt5 In the fomw C4Teknd d*JtL ThE unswalerTr¥5t ¢knirDrts makes g1* ¥¥kh a Were￿iE thE r(JEn di5tnit. The Wlw CAlr. Tlximpwii fdiE &P2Y. l. L. &ÈQri fjtèSSlD¢XS fKJnts Fund males ￿•¢1￿ of &w4)wth.FurM5X In pKtI(Ldar ED support peopl& Pw46 Cumbria Community Foundation - Cons01idatsd Accounts Notes to the ￿an￿al Statements for the year ended 31 March 2025 23 Re5triCteel Punds- Grassroots gThnts funds (￿￿t￿￿ed> Graup and Cornpany Tota Total J Apr 2024 Incory* Expttthtre Tr￿}sfer5 31 Mar 2025 Trther1￿e AleyaKI l>a55rodS Grtnts Fund C￿MbFFa Young p£ryle's Grtsrt4ts Grants Fund tWan babc¢ek Gras￿0￿ F￿d EvEnifLQ Hll Grants Fund Fryer Grasyu Grthts F￿nd Gras5fOttts Grants Fund Ba¢row GraSSfOQts GranLs Fund thiytbrla La￿ts￿t Prldmore Grd55roots Érants Fund Moorh0￿ TnJsE Érants Fund Quarry Hli GfaS3Foob Granis Fund Shepley (>iw Grdssro)ts Grants Fund stofjbèrts Lbj Grassf(y)ts nts F￿n Thorrtas Gra1}￿l Gra5￿￿ Grants Futml UK i*WM Ltd Grants Fund U115ViiiEr Trust Gra5sfoDtrs Grants F(Jn¢ West CuMbti4 Wing Cfy.. H. Tl¥JnpsN) MBE & 977 {Q336) 855 (19￿18> 16J35 7A3S 596 3,326 326 2,642 1,343 (5,1i53) 1243 175 (2,259> 269 (4,999) 6,403 1,4a4 {1580) 1565 9D9 137B (13,541) 11,256 749 7,863 3,572 (9,>15) >.y 1522 7,980 3,591 1,434 k.116 &117 4,839 3,430 (10,093) 3001 31,246 {￿,7￿55 (w) L672 3,961 (6,793) 1,327 (5,250) 446 523 (1,043) I￿9B GrèDtrs Fund 38.40D (130 201 6&.E134 I'he EraTr*is 01 £68,834 are up as folldv+S: - £73,209 In¥esLm￿rt drqiwdcA¥n for 9iant Makifig. - {£4,375} QLwtr￿￿t[0n ro ttFe Foundalions rui)ning costs . (£0) transfets fffjm txlw lund$ as iy¥*O 2A Re5tTirted Fwds- Comrnunkl Flr6t 9rants tunds Company Gro The Wfleld Swiety First Fund pr￿ideS pE￿È Mnh Cutrtraa livinq in the Carlk51e, Julerdale and Eden Ltxol AUtI￿rILY are85. The Atèeyfiefd 0¥2r 55 CLMmunÈty FErSt Fund provide5 9JPPXt f(r 0￿r rerw5¢, cyrr aQ of r5, In DQrth OMh$3 In the CaAisFe, Allerdale and Eden loc&1 Aiithprlty weas. ￿ddlE7?￿n￿l CL￿muniY Hrst Fund make5 grtrys to (cthnllwlity uYwJ5 whose t*4ets txnv.fil y9￿n5 In tkno formu Cadi* ¥KI AlleTdaÈe Ol￿rI&S. Rcwan Cr￿m￿nI￿ Fk5t Fund wil rnake to Pro￿ YhLkh fctus ffl Un￿￿1¢Ym￿1)t trair* for ol&r and youvg people. The strut1￿¢reè*rtO CoffAixxNty Fw5t FLnJ wll ad1￿ at a lora Cumiyla. The WI￿aM 14lburn Cnmrtwnity Pund will support gffxws wxj OrgaK'5atiix￿ kniihln ihe of fjrimptorn aTrJ surroundlo9 a￿35. P•Je 47 Cumbria Community Foundation - Consolidated Accounts Notes to the finanaal Statements for the year ended 31 March 2025 24 RestriLted Fund5 - Conimunlty ￿$t grants ftsnds (L￿ntInued) Company and GTOItp Yotal Irjcome Expendlttjre Trar6fers 31 Mar 2025 I 2U24 AbbeyfreFd Sc*cl(I Cunrnyrkity *Wtr415 gTa¥s trJ c￿￿￿rt& Kith Maof COMM￿nE￿ rnakes ￿al￿5 for grtr4thS fty local com5)wnitie5 located ¢d)ge to tl* Klrkby IILV w1n6r￿. The Ktw Ycrty NtlghbouiPwd Fu￿d pr(Nldes th￿nISatIL￿5 kn Bwrow In th l&icre3se and ￿￿OrtS pet4Jte la rÈthttclxor*ic lorthss. U>fd Ikè9D for WigLtwt. thafits for Indiv*Jtials aged IL-25 who re5iL6E W 51ttdy wigton, or frJr gr{￿p$ SUPFrfxllns ilnLI yOLry peO￿e in W$9toik. to engage In pu5il4vp adiviiiQS iholov bccess e&K&ioft 8irurvJ iui58s a*w&i#n. The Lottl 14Jrcmtht Fupilf Tvr WPA iuiibria SVPPOrts mmffluttily o5ganl￿b.UTr= that •¢h44rQS 4Ytrork 5ur410rts ￿￿e In EgremO￿l, fAJ¢kÈrMtsu￿l and bhe surmuRdrnq OFea. The Mortal Heo5th Fwnd f)r West Cumbria giY¢S graEirs h West CufflbyKB to txpÈr*ntho menlal ¥robloms. tmse r¥riTr] peorle aTra tr￿ ¢th5fv) M•rene55 urKkr#arthg hÈaMh prL*>IeTh￿. App>15 wups that lryruwE theith al￿ well)elrbJ of lorèl geopSE prt¥ÉtlS ilwt protErt the enthlrnnt, prkyty lo¢atÈd ki Soth) takelaTr vrf Ba￿n￿ Get ktivv Fund gives ￿ants to r*?rit&bt¢ èiirl Con￿￿￿nIty-ba$e￿ Orkvnl￿t1j1￿s Ihat siyprrt and yrun9 AYyJal Heatth Cthrks kn:rKliv4d￿a1¥ aged 14+ kn*h a *4inlng O￿t•*Y 1) the kKmer ¢1sirids f hller¢84 e*kle afid Ede S the 5w4>JFt'f¥xlwi fr¢¥n H05p*a F￿ld. A sknule Wort ts0 VJ ￿e¢rt P2y• d9 Cumbria Cornmunlty Foundation - Consolidated Accounts Notes to the Financlak &atements for the yoar ended 31 ma￿ 2025 25 R•strlcted Funds- Fl4)w TlJmu*k FU￿4$ (centlnued) Group and C<•mp0ny Tre PWS NENL Fk>rthem Cancer AThaAce FtsDd gt3ntrs ftyr ￿a$$r{￿￿9 cha¥l&*lo tyganisabcfis to latslly ￿ceSSI￿. knfoTffjatiOn and swort f￿ arryone olFetted by uncer, I￿(]UdIr1￿ (d￿r5, lartty and fe.etk¢& Tre WS Green So¢W Presctftry 94wts 4¥4J¢JPs irrytye to (kkn.based ￿tivItieS ror POPLtlatsDnS èt fisk of exper￿n(l￿g health iTheoalitles. The NS Il¢Kh Cumbria Dischèrge 5uptJort Fvlld awards 9lalliS trj 9roup5 bj SUPPDrt nI&JitaE￿• OptI￿ed patienks d&s£￿]rged Irom èatr. and CK]tnthiErliiY hwhr¥ls In Vloth Ojmbria and lo pre4Ert adni*iions. Fw¢in9 W511 help pE¢￿e regJwi ar¥J tsr bkJerHKknY * hDme the commw*v ow a Rwr *vk per4U Th¢ NHS CunrFxA4iy MeiirJ Health TrwSforfMII￿ F4¥KI W0¥￿e5 grantrs r(p work with adults yyith swere fflent8 illTrES5 whlch IJ Target the hEalih risks of sffloklnq. obEsity and frt*lty, 2) H* ¥d￿S to statutory and o)mmunily rnental Iiealrlr seNlces and to develop rrJmnvJrlty W plan5. The PappagalliN) Age FrI￿dIV Fulld 15 to 4 age thendly iorrditiator role in tFE Souih Lèke5 P(rtti¥e Erterpri5e 45 è thmi]eEIElon to PTo¥ide dISa￿￿agWj ¥[￿¥2 people in CtspÈlaA6 WILI tne opportunlty to hwe 1P￿tr arrtAtion5 heard. 14Dgramme ProSea PartnErs SrKidl Impact Fwd for I￿￿thi￿ls wi grw n the f￿er lo￿1 authurlly weJs oc Allerdale and Copd&t￿ lo enable ait&s to educèiloD)I w trainity aclmty, r81ses ore sWabOn￿ pe(* -work ready" emplOYry￿ RDselands T Group and Company Total Exwllture Tr*er$ 31 Mar 2025 1 *4Jr 2024 Incor FDught fotylafd Warm SFvts VWElcctre Fund West C￿￿10 CX)VID-k9 co￿￿Unity P£ioN WE5tfftoA¥KI FamiFy Cotwnwnity F￿nd WIFnKale5 MOOT Wli)d r.aym Community WinieT FwKt WoikingtThi (Aslifield) Lawn T¢￿Tri5 Cl4dJ Fun Youfig Opportunity Fund 2,197,851 4A69,934 23.813 20,163 342 75 943.409 62.681 72,192 8,1EB 535,495 (4,640,763} (125,298) 2 301,724 135,924 2.261 10J13 ($48 {13} 56 l571.121 124,418} 410.551 <54.632) 1094 ?.8.454 <74,417) <1546) 10.172 1325,638) {14.3571 402.709 P,138) {362) i.Q71 1242) 242 19,(fJ7 207,209 3.571 3,404,Lt6 5 569.668 (5.645213 16 39 3 165,D54 FIDW Ihrc44h fu￿d5 arE generalty spent within ijne y of the d(rfioA rs rÈ¢Èived. The transfers (f (E162,3Y7) are math up ag f￿1￿￿.. - (I369,904) cc41Iribuliw to the foundalton5 runn¥B eost - £195,976 Eranslers to other funth a5 ag￿e0 wlth ¢fyxKrfS - E3I,531 lwe51r￿t tkawdo%Yn For rnth￿. 26 Restricted Fwids - Appeats Group and Company Total Total l Apr 2Q24 Irm ExpEnckknrè Transfers 31 Mar 2025 ¢yrhbrla Dlsjster Fund Kkkby Lonsdal& Fire DisasÈP Re￿¥￿￿ Furxl 7.154 {2,234) 101.289 103 523 (76) 1,341 J,417 115,052 7 154 115,D52 Tho transfers rf £1418 ￿e rno¢le vp as follows: - U418 conttkntioft trtr the Foutthtiops runnliko cosls. The C￿1)rIa Di5astw iyas setup in 2016 Tfvllh a £50,0￿ frffji Cwr•)rla C(N￿mU1¥ty Fovndatx>n. Ttds Ls to rel￿ve ￿dshiP In CqimèT4a caiJ4e.d dire￿1￿ by loc31 crisast￿& The Klrby Lonsdalo Dr5aSter Recovery Fund ivas SÈL up In De(EmbET 2024 fDIIov*ThJ a fFre in the ￿tre of Kir lollsdèk. The fund Set up to rel*ve hardslisp caused diFetUy or b)dtre(Ily by the (ire in KiTkby L(￿S￿de oil Paye 52 Cumbria Comrnunity Foundation - Consolidated Accounts No￿S to the Financial Statements for the year ended 31 March 2025 27 Designated funds Group and Company Total Apr 2024 Total 31 Mar 2025 ExpaHiiture TraThshys Cmitria ￿k￿d Qrljsle Opwrtunities & Chaltenges ReP￿t West Cumtxia OppKJrtunJties & Challenges Rqjcrt PuTneqs l.dwation & Skiys Researth 43,432 IS7,081 (335,768) 161,919 26,664 25,C 35,OOD (26,OC¥JJ 13,994 24,475 (12.482) 11.993 Is,000 (3,331) 11,669 f)7 17 377,5 161 919 The transfers ￿ £161,919 ¥e n7ale up as folEo - É133,74B knve51mErt drawth)wn for grant makihg. . £1,490 tra¥￿er to Other f￿ndS as agreed with donors fcy grant FI￿k￿K￿, - £26.681 Cnntr%J￿1M to the Foundation5 iunnÉn9 COSt* IB L5n1￿ Chatitles grnnt fiinds Group and Ctynpany Totsl Apr 2024 Total 31 Mar 2025 ITKrJme ExpendltLYe Tran5teTS Beverley Chaiitsble Trust Cumberland Edl￿tIonal Foundatiori Cumbria Commurmty roundatiolb TN5t Dowker Blndlos5 Chartty EdmorNI Castle Ed￿atI￿oI Trust The Mary Graw Trust Westmorland Arts TrLEt 49.063 (22,5￿} 21,781 51,373 30.865 (60,645) 66026 88,419 29 3,157 844 (1,128) (695) (267) (139) 5,760 788 778 IS,538 117,356 1,667 (ID,589) {51,243) (15,435) li,Q56 (7,279) ,150 16,005 118,711 590 59,877 k,208 95,95 162,2J5 10.5 12B 78,617 For fvrther detaib of eath Charty sce the Trustees I'er(rt, 1rdl￿e[S of £105,128 are Fnae ijp as foE[0￿. - (£13,091) lA)rrtrltu￿n to tho Foundati(InS running c05t - £131,555 ￿veStMent drawdown for grant m?ki (£13,336) Ir?nsfer to Dther Ivnds 29 Cumbria Ctsmmunity Foundattrm Tiust grant I￿rdS Group and Company Total l Apr 2024 EXp*￿artLFrO TraI￿re￿5 31 Mar 24J25 Elizabeth Fdl Nemofial Trust (kassr(Kts Fund 3,998 3.157 1.128 (267) 5,760 ,998 26 5,7fj0 Page 53 Cumbria Community Foundatioki - Consolidated Accounts Notes to th¢ F5ttattclal Statements for the year ended 31 NAr¢h 2025 YO Endowmèrt Fuybd8. General ¢ndowmont G8ln Yotal Di * 2024 kKiffj)e Expen&lure fransfer5 kneStn￿nts 31 M)r 2U25 Alstofi Mtst)r ComTrMbnity fthrnert aEk￿ I..￿n0 Er4Jowirnent B3rrovi CoTfTrLn*i Tr￿st fndtr4lm￿E Bceby F*ifl)iW FLKMI BofiLrf r.U￿d B(￿n PTalt EThkJwm¢rt F￿d Bria￿ Oatk fndowoxnt Fv BrlEtgei'5 Najka pat E¢pS)wrnert Fund BuEn P¥¥0 FL Clr'5 fj¥¢Ug ithdt7wr¥j￿￿ Ajnd Endtyth￿ert fgjnd CJ4 GroLkP EnLbvllrpnl Cr4)f¥4)n Trv5t Endwml Cyook *8veley En¢kn¥rnert FNd C41mboiland olld we5lrn0r￿d Enlt74YHa* Jmbrla Cultural ￿0￿￿01 OJmbri4 HeHtth ifjyovecrjent Fun vmljrfia 147dustrth kniEie5 Efjdow¥ou Ojmbrla YourKJ Pewre's Enthwrnert Dayirf YHr9èret R£rl¢l• fwnd DisB¢iLiLY Erthwrnent F￿d for ￿¥￿bri• tjora Beefith Nenity1￿ tnthwrv2r5t Erfen Rvral Lonuwnty F￿j ￿￿¢atIOn EndowThert FIEnd afid Anita Pqa¢kay 1.ndowme￿t FLWKI Engfi5h 13kÉs t￿le15 Tn￿ s￿sta1￿￿￿111ty Fund Endo Fdrest Faffilly Funrj Geofliey 81dl¢ Prf%teLtsral Ile￿¢￿ tn¢k*rJr￿rt Giljts Irust Endowfftenl Gumoy Charkntle Trust EniJLMvt￿nt T.{ l¢Jh Sfierifffs EndJwrnert Hunte¢ Daffts £￿d￿llent Fund Jaftotta'foF6y Laithw TN51 Indthwner& Jeffrey P￿tid MéiiNxlal FMd .lohnstrn enrtwmefit Fun Xlpllng fijfid fDr YoLwÈr pec* EMowrn¥* fi￿1ng fijfjd for LNth People fndLWIEnÈiit Laidiw F￿nd Envrxornfierkl frLdowrAer4t Lakeland Disa5Jilty 5¥pwi Lau￿1 HoiÉ La1VrÉft￿ Erthwrnert the DrearTr Eryknvm4nt MaI￿r*t EWIÉ ploTh￿rIal FuThl Nu¥&i OJrr.thrla FurKJ Ermknywnt out tsf Eden EnththTrenl FLEixa Pappaqailtno FrKknivmÈftr Prinlers Sottdl MoLility Ent￿￿￿¢111 Pl￿¢j RoblnsM FNnity FuThJ Slaft Eoth Fu￿1 EthrneAI 5wates Yrusl EnLknment SO¢der Endrw¢rrtnl Fund VlolEt Latduw &￿1*￿¥￿￿JEf Wesbmoft¥Dd Fwaly IndowThRnt FurK4 101.85 10ts,725 127,217 3fj5.282 472 (3Ui} (4.261) (S,6￿} (4,433) (3,9011 (1,246) (4,151) {4,titi3> (i.Q52) (15.314} (tJ,071> {4) 1181 (66> [296) (2,319) (2,LÉJ6) [4,49￿ (81,193} <67072) (fj35) 11,72n (z,oDg) (309) {5,3un (S,91A) 353 {932) 169) (L,132) (361JJ (5,057) (4,33el (34&] (3,RLKI) (2,834) IA3) {778) 1308) 184) CJ,2fr9) (1,036) (13,L761 9,446 {2.W71 {3a36I <70.879) (S7,100) (1?25) <2,134) (3,269} (*5,594 (3Y.L3L} <529 (9.92Z) {J,385) I I.3B3> (26,201) (21,295) {40fJ (3.398) 13,oMI) <4991 (5,941) {5,L564) (Lfi97) 11,V.7) {￿7} (7,7.32) {6.21L> (27> 1436) (q+> (I,oi.s) {573> (3,855) (53) 1725) 1646) (B,Q83) (3,247) (3,5￿) l 197) (1,87k) 1283) (1,9$3) 1491) (3,&￿) (2.134) (33,830) {28,29fy) {a09) 12,134 (1,7K) {4,208) (3,595) {￿y) {2259) (1,919) (4,293) {Al,162) 1521) {8,04J) (6 529) [2&S) 13,718) (3,19U) (E,662) (31,tx]4) {26,lJr4) 1286) <750) {£6 189) Iw) {1,02Q) [$96) I9P16) ft1.371) <4,422) (58,354) {49,164) {4M) (4lk74) {35,51&) [264) 13R96) <91) <565) 1591) {I,r22) (6,657) {&L2) f3,7rJ4) (3,45ftr) 1192) <1,653) (1,477) {L.778) (Y,lJ8) {z9,139) 90,118 102,596 121,524 344,7D2 1,801 57.932 1,797,075 53.528 163,54(b 25.38 29.785 114,143 74,586 11,J81 17,264 78,607 1,506 752 29,835 1,029,703 112,721 4.￿7 8,&57 45 61.250 1.9D4.525 55.457 46,107 ¥.879 31.565 120,961 79.941 631 2,937 1.919 112 71tr1 28.8 83,3L52 11s,IP 31.516 1.091.207 126.SS? 14,5LI7 2.4x3 3,*47 e413.258 84.723 80,JiS 135,l34 3ts,566 167,506 11,493 74￿17 101,471 I9￿￿8 211898 87,067 49,121 Sl,645 IQ4,2S7 740,292 47,255 94,590 50O9b 2,044,523 J75,QF8 B3,940 GB&362 485,674 25002 lJ6,062 2,317,774 93B,446 Y4,991 14,364 175,174 *O,9S3 36,B79 Y68,198 4fè.8G3 4.277 295 37,967 2.61 491 5,475 2,240 1266 1,52 ?.,654 19,119 1,216 2,434 3?9 2.078,915 4,455 12,18 J?. (91) (4247) (853) <9.473) (805) (2,139) {2.168) 2D,22B 225,625 52,162 S4.73D 1 lQ,537 785,933 50,07S 10Q,24 53,514 08,954 729,476 J7,711 Y12,899 2E?,919 654 208,811 45,23q 1.39S,of38 1,Oi3,YY6 194,448 24,084 F9.4$S 1,92& 14.747 811 185,631 4&7 96.385 7,34 41,202 I,oor 814.074 J9,744 13 477,323 4 256 190 Endnwrnert we EO pro¥lde an erKkniw sow(e of rethrn lo rnak¢ gr•lJlS. Yhese are expEnd6ble ¢i*kn*fflenL ljut ihe FO￿nd￿lians invesErnert rjoky Ilth tho assets sh¢xrhJ be Ill￿5tEd tr• "9* the ie& ofthe I￿51m0n1 red￿Ck1￿. 16S71 A*0 Pb￿ sq Cumbria Community Foundation - Consolidatsd Accounts Note5 to the Financlal staten￿nts for the year Ènded 31 March 2025 30 En(*Jwment Funds - Ge￿￿1 ¢ndown*nt fiinds (Continued) GTOUP and Company Tl*se cTrJahYr*nts a￿ hekl by Q*iiMa CtxrYTr￿ty F￿lipTh were matched frrffi eknr Ihe Gfasg00ts LY CommufiÉy frt swrammes. TIE Iiansfer5 c( {É536,422} a¥e made up as follows: - {£ID4,95k} (ontrtbuloon to the FouYtdar10Tr5 rufin5ng ￿￿E5, {É431.472} hveslmetit drawdown for gY4nt rnakÈng. 31 Éndowment Fundg- Grassroots endowmEnt funds Group and Cvthparty Cialn on Total 2024 Jrnome Eyn(ktL¥e Tfan5fers Inves￿ 31 Mar 2025 Aensmlin Acoi'n Grassi(x*s Fu￿1 therine #kxan CJasyiM)ts F￿3 mbtiè Y<￿)g Po¢¥AE'S Gr35sYiots FL¥KI Dth)san13ataKk Grassroots Fw EvenirKJ HIH C*a55roJts fvnd Fryer £kassrcd5 FepTh Grassro(*5 Ethmellt row Fund Gragsro&s Erthwment Cumbna Fund James Crcwer Gra&sToX5 29.591 717 63 (1.365) {1,(fj0) 27,819 12S.CM)1 3.Q72 {3￿ (5,511) {4,467) 117,795 50Q675 12.331 [1.427) 123,31 f ) (18.1981 476,070 16,114 go.280 61963 392 2,481 1.551 ($6) 1285) (13B) (731) {4,10B) {2,973) {579} 13,239} (2.268} 15,2Q 85,129 60,115 81.600 1,4 (171) {1825] t2204} 57,893 173,B( 4,213 ¢413? (8,0391 1£218} 163,350 192} 11.9701 C1.516} 39,839 Larn￿lt Pr￿lI￿re Grassro￿5 FLrnd oorkK]Lfae Trust GrassKA*s Fund Quarry Hll Gra&5roots Fu Sliepley Croup GtasThts 47,717 2,FJ81 (3721 (1.761) 46,699 2￿,878 165.678 7,410 4.Ctr16 <7431 (14.123} {1 0,936) 3891 17.6681 (5.927) 287.286 15S,710 9￿.333 <445} (1.809) 128,724 5tobb&ts Ltd Grnsyoots 30,281 (65) (t,407} 11.083) 28,460 Thorn3s Gi ahèm Gra5￿C(ts 154,991 {431J (&628 {5,550) 146,186 UK NWM Ltd GrassroTJt5 FiffMI Ullswater T4'U5t Ctssroots 46.927 {149) (2,138) (1,691) 44,493 218.374 18,(107 {513} 9.682 <8,230) 217,950 WestrTh)rldrnl Ltd C*7ssioots Fulld Wit¥J Cdr. Fi. T1￿ M8E & Rev. J. L Green GTr5yopts F4N 98,825 1281 } (4.525 13.536) 91879 45,976 1.114 1121} {2.115> <1,844) 43,210 2 356.259 6,4S4 2.236 807 The Gra5vOOts ftTh1s were wErated thr4W a goverrir*fit fvnded rrmitrhry lrttlathre vthich rafi frum 5eW*Er 2008 to March 2011. Th￿ funds ¥e expe￿b￿ £TMJoY*Trirt the FoiMKlations iratertllon Is to keep the real value of the inYesimÈTht. The tra1￿15 of (£106,540) we ￿1¢ 14J ag follows: - (£21,497) to the Foundayons C05t - (E85,043) Investiratt tha￿a￿ for gant makiTrJ* 106 540 Pap 55 Cumbria Cixnmunity FoundatEon - Consolidated Accounts Notes to the Flnancial Staten*nts for the yaar ended 31 Marth 2025 32 EDdowmont Funds- First Endowment Fwmb Gnbup Ti*¥ Total l Apr 2024 Jncwrt Ttanslers in¥estMe￿$ 31 Mpr 2025 Abbeyfteld SoJetycorrrnY4ty rst lor Currtwia Abbeyfield Sockty S5 CofflnxKMty 'rst Fwrfj for CiiF¥bria Acoitt Coinmunfty first FtThl for ￿lI￿vki Carr5 G￿vp CorThnwuty FIF Fund fcf QThbria Cafherlae Aknander CDNWYH fl*st FuTrd ft>r C￿brIa CumbriA Young pÈoplgs C(thmLln Flr5E rtryj far Cumbrl Fryor c￿Munity Fkst Ftwml for CurnbT L¥motkt Pridmore Communiy First for Cvtnbrla LlddFe TIHxn5th th)Iff￿lty First FL￿* lor C￿l￿￿rIa VWR Corrffj*U(&y Flr& Fund for cuthbria MaarhobSÈ Fiist FLThJ for (lJmL)I"I Quèrry Hll COn￿￿n Flrst FtThJ for Cumbria Cwmilnity Ftst FUK1 for Cumhria Shepley CorTwniw¥ty Fli* Fufid ror Cufftbria Stru[w￿( Callng CoMvThty First lor ljmbri Th￿aS C(rfnrNrity Fiist F￿1 for QKnL)rl Ullswaler Cwiirx¥llty Fyst Fw ror Cufttsi weStr￿￿and Lt¢ CLYllENnily First Fuxj for al￿rI? Willram Pllbuam QTrmrruity "rsL for Wi(i¢J Cth H Th￿￿0￿ MBE and Rev JL Gleen c(ym￿J￿1fy Ftrsl Fuiid for Cuthia 391,452 (18239) 373,213 391,452 CIBX19) 373,Z13 15,036 (7Qi) 14,335 46,619 (2,172) 44,447 33,839 (1,5Y7) 32,162 117,OJ7 9,452) 111,565 4￿498 (1166) 44,332 35.9 {1,674) 34,256 33.026 {1,539) 31N87 217,798 {10.14B) 207.650 22,72S (1.059) 22.666 73,657 (3,1132) 70,225 (1845) 68,555 (3.194) 66,24g (3.087) 118,757 (rJ $33) 113 224 (3,164) 64,736 2k4,aKH 16Z) 2D4,352 326,740 (15,224) 311,516 (844) 110 279 356 812 62 256 471 Tlio Cor• Fi¥St funds ￿ generated throilgh A qowJnrtlÈnE htthled maichliw initiatro whrch rw for four ye.ar5 and èr￿ed In Marth Z914, Tliese (unds arc a150 cxpÈndablÈ the has Ihe ¢pttDn to drawdown any excess of the valuE & the èi)dowiWt ovor rr.l)il prKe5 ir¥*x k Page 56 Cumbria Community FLiundatlon - Consolidated AttC￿nts Notes to the Finhnclal StaiEmEnts ts the year endeAI 31 March 2Q25 33 DEsi9nated èndowrdert Grv)￿ and Company T(tsl Total k w 2Q24 IncrAne ExpEn¢JRuty Tra￿lErS 31 14&r 10?5 The ￿ f￿a4¥￿e￿ Fufid fJ15pus EfidD￿ fund c￿￿}￿rty &Thknmert Fund Grogg F￿d End￿rtI ensrnan Arcfn E1￿J￿rnErt Ch61ity sai￿ g¥ire5 End(yMnÈfii Jgcftos Cropper <J¢Jwment Han¢Jelsbonthi EtsdowmeTht FvrKI Hèrvw F￿1¥ W0¥￿ert HSGC l.und Endcb¥M￿I Lalfig FouThJab"on ErthtTrert Martyn ard C¥4)k's Cornnwnity Fund MiL*lebrot& FovrKloiion Endowrnw 1411￿1¢nrK FunLI Naplh¢rt5 Endtprtrnertt Fufid Ntsrthern PAXIL FrAJndabdn Eodo¥Ywt Shomg Enlo4¥fflert Fund Vtsojiint Wlriolaw ErK*J¥Yrnent WJsli Fynlty knn EI￿l￿￿￿ kn3nde¥ Le15￿ Funtt £14,gJl J0.7L2 2,r38,75) 341,069 S8.Z81 620,0¢ 76,E63 14.279 225,Q52 74J,811 17Ei,3 250 lQ8,569 IEI,821 31,376 425,543 2,7 2,199 9&,05L .24k 2,669 23,350 (2tyJ) (4*84) {4.tVJ3) (21S) (3,851) {3,245} 15,993) {E17I172) (¥9981 {741) (14, Jf31} {L2,231> {i>)) (2505) (2,D96) 108,435 85.59Q 2&14.73B 311 56,2l9 683,35Q 43,851 13,475 212,368 66,B49 168,279 5,991 Jol4S1 25,120 30,255 4DI,559 6,079 55,869 30,D29 57,757 {3l812) <511) (6￿yO) (2￿40) 16,395) (iti) I3￿93} (795) {I,L45) (152601 316 5,461 1.rt4J 4,33 5,93 2.636 7,308 1,446 10.332 6,2B6 923 31.867 1,252 (53) (sio) (151) (40>1 (8J (2351 <588? (9,568) P,Qlg) (?,5?7) (4.fj26) (173) (241 {k.3t￿} (9231 (1£.ts3J (4) (82> (51) {136) 38.OU {k,6ai) (75G} {1,rf7) (1.363) (IA37) 50.171 5,070.108 The Foiind*4Jn 6 cornmiited ￿ b￿1[11￿￿ a long terrrk fuiid tEb benefit Cumbrla in thE fylure, u￿￿tr#￿ed dDnatytsJ)s rtcot¥ed aE dp.51￿￿otÈ￿ ty Twst¢E5 •5 Jddluans lo desigrbated hjnds. *hoiher held è5 5?tKHr iiaf))od Dr 8d(Ee41 to Curnbria Fur>d. Jnatlons may bo Iield as shares 04 donètcd or w k* iftr rhe l."IAwthtKn ir4¥e5tm¢rf w1fokn. Ir4con* fitsrn Ehese fvn(k is desEgnated Tiusteos for the thmbril CirarLls FLHKI rnd bE U5ert a5 Ektr4olng fne triinslers c4 l£k91,5551 made up as foMows= - (£44,019) contr4wtiW4 to the Ffjunoalions rutinlng tC6ts - (£147.530) uwestrnert for ¢jr￿￿ Llnkod ChaTities Group ?qd rot31 1 *gr 2Q2A. Gakn rot&l eThfknre Trartsfus ftAvestrneTrts 31 Mar 2D25 F4￿rItY Chmlable Tiwc Cumtserf3rKt E(ktstvJrtal 29, (8W) (36Jt, {4&,L73) 1,005.941 i.U3376 {6Jl) (72231 (3&.375) 2,002 733 l.uiiibrld C(MTThurity l.oundEt￿fi Tru4t CknwkTI" BjD¢lt&s Ch¥A¥ Edmo￿1 Castle 9W.223 29,262 14,2fj8 {572) (36,9)0) iy) <37,¥￿) (1363) 933 559 27.899 335,661J 226L,i 398,159 9,117 I3￿) IIIT22) (5,369) (1,39&) {El,693) {11,393) 181,7ts8) {13,639) 321.339 2,IYI617 3¥0 292 The Mary Yiwt WE51ft*xland Art5 Tr( 713 44,389 For ILfftlw det*ls of lilik￿ Cha￿* See Trustees iepxNt Ilie tra(¥5fers (4 IEIfjL,713) a￿ rnade iry) as lollow5'. (19,SW> CfTrnlfitKfUon b) thE ￿￿n￿all(￿n5 runRiny costs. - (É￿,[1?) ITh￿$¢￿ert dfawdovm for￿￿￿* Page 57 Cumbria Community Foundation- Consolidated Accounts Notes to the Financiat statements for the year ended 31 2025 35 Cumbrla Fountstson Trust endowft￿nt funds Group and Company Total l Apr 2024 Galn o Totsl IrNeStr￿Its 31 f&r 2025 IrKoff* Expendxure Transfers B•¥LW DE4È1opment Trust FvDd Ellz*th Fcll TIL￿ Grassrpot5 Fwj Th2 Frands Scoit Ch41ten9e Fu￿d M￿gareL Tèylof Fund Nithael Hart ￿nd for Barithy it) Furness 17?,4É6 2,740 (IG51 (7, (6.4k21 165 644 116.3%3 (66} 112,299 Ji,548 (245> (k8W} (14526) 396,330 143,345 <83> (4*76) 138,3B6 <73) {4,078) 120,900 980 215 or these I￿1$ aye held ty Ile Cumb¢ia Community FpuDdatttsn ri￿st wl)Icli b a separate c￿lty to Cuytbrla Comrninity Foundatxm. The Trust IFOS br£n IrAkeO io the FDi1ndatio￿ lor reportin9 aTrd a￿￿￿￿1￿9 pvrposE Tl?e tran5fvs OF (É26,500) arE as f￿10￿. - (£S,938) C￿￿1)ur10￿ to the FOU￿(ratiD￿$ Cost - <£20,562) Invesiment drIv￿O￿n for rnalt Barrow Development Trust Fund These Mo￿eS %Yere endoweo by Borroyi Bor￿titute the knffcla va￿e of the Cherity's unapp%ied totsl roturn, at the 31st March 2D19 this was £526,565 The Tr￿leeS akn recc*dal th* ￿ is tP&p.Ir pre*nt thtiLm tD: . *)rAy the maxirnum Sum year th3t Gin be oppned froth the ￿r￿[￿lled Fnccyne fund to the vestTrErt fund under the RegLflaliOn5. - Retain in the u¢wpp14ed incotme fund tP￿ or greater part cf the SLIM lield SD that i￿)Me of TrLlSt does rnt de¢rease. - fy)p4y to the incoine tEFnd Ihe wholo or Part of ary adc¢itions to the vnwr4ied Ivnd So to enable the Trust to financE greater awards and grants In the ftslure by spe.nding ifiC0￿ ond at the Trustees S(TQt¥JrF sfAiie of the capiial appredation, at the samo time presetving the value of tl)e enck)Wment. UTrapplied Endowment Total Retum *)enlThJ vaFk* as at l Awil 2024 - Pern￿nent endowment - Un 30,fi93,401 3fj,E08,515 1,4ts3,605 7,161,541 {13,122J (571,242) Total nèt assets 1076,375 4 352 256 31,978 BF4 37,407 515 29 583,7fj9 34 676 960 34,876 96D 24'f¢A&l 4.2B6 B31 A55els by fund L*Ye51skled Restrthj Enttwmer4ts" Total 2024 gev¢rk¢y ChayitaiAé t*ust 7ai)9lJ* fixefj a55ets Inwstfflents Current Assels CredÈtDf5 Éall¥Jg éue i¥irhin 14,652 33,693 971,Q94 ty85,746 98A28 (16,550) A.050,868 6A431 <6,585) 27,886 {14,5.fj0} {2,4￿) Total net assets 1005,943 1 110,714 2024T¢X01 49,063 l Q61.AS1 1110,714 N¢tAssets by un￿￿[Cle0 ReslrKts4 Totsl 2024 CuiiibÈtland Educattonal FOiIDdBtio TangiLle fTaed •ssets 5tineNS Qrrrent knetrs Cre(litLYS fa￿ng ¢kn 5¥1761&1 one year I￿LI2,892 I,QOl992 104,827 (16,SOY) 1,139,894 16,408 {16,408) 88,419 {159} 111,083 Total netass•ts 1,002 733 L09 L165.347 2Q24 Tot L,113 975 116&347 Nrt Assots by furtd ilYe5trKtEd ResvKted TOt?I 2024 cuinfrTla Communtty Foundati￿ Tangible ftted a Jfi¥estmErrt5 CJJTrEllt AsseLS Crethtors falin9 due one 929,7(iJ 929.700 118,140 {108.521) 9 319 ￿23 9B4 223 (J34.5tJi 62,750 (73026) (108,382) Total net ossels 3￿24T0￿1 Page 1) TDtal net Msets 188 27.899 28.68Y 3D,012 20Z4 Total 29.262 N¢t ty fund Total 2D24 Edmorsd Castle Education¥1 Tr¥5t Tènglblc fixed Jsetrs IRVeStments Current knets CrcrfitoTh fèllng 4kn year 9,434 6,512 311,904 9,480 (49) 321,338 20,558 [4.555) 337.899 {4,506) <2￿14) Tot•1 netasseEs 16,0( 311,335 336 668 337.341 35L20 2Q24 Tota H¢t Assets Total 2024 Ylie Mary Grave Trust Tanuibk ￿￿e0 1195¢rs InYe5tsllertts' oJ￿￿t Assets ed110￿ falElvJ Krhin OnE ye 2.172,627 l17¥627 139,942 (IL231) 263.056 132,493 [16.49D> 21,231 (21,231) ,71J 1,379 2024 T(*al 117.356 2.26k 303 2 379 059 t4elAssets by fund Unreslridetf 14estitted EthiJneThts' TOt)I 2014 WeslmtyFan41 Arts Trt Tangible ffxed 35*ts Investmertts QiryeDt Pa*ls CletlilDrs fatting 5Wc ÉL215 (10,625) 369,077 38fj,292 Ll,172 39,540 {571 {38,950) 4XI,682 22,024 (22.877) 38.8g3 138.893) Total netassels 2024 Tot 590 380 292 1,6g4 i*.J61 399,u29 38 Flnattclal InstNmeNJ Gr¢u 2075 Ctsmpany Z015 2024 2024 nan(ial B8sets Fliiancl41 Bsseb are debt in*umatL5 easwal •E amorWd (ost 6 863 413 6 304 r))9 6 Ef3 413 Fihafie5af H*SIIUes FinarKial li&ililies debt tstrsuments swed?r anFYt15e¢ cast 691418 490.795 691.4IB FinarKFèl a55ets mEa5urut at ornorti%fF cr6¢ (C￿VrIse acct￿1 in(onw and W?rkces PlngrKlpl Niblilles Ir*aaHEd at anortised cn Trust. DwSn9 ￿ year i*£ Fwnd*ion TEC￿ed a oyrtilbut40n tT>wards c05t5 of £2,250 {3)24 - £4548} ffom 11ie 71ie Beverlw CharitHL4e Tru5f. was to rJ)ver cosls incurred by the FwMJatk)n. The Fo￿dat￿Jrb rKdved a mntribvtloti rowanf5 costs froin the CiimbcrkAd EdLtcatk)nal R)UfKJatlM of E6,Q05 (?024 - £7378). Thb was to C￿er w*s incvrre(I by the FoLkndation. The Fourtdallon T￿)Yed a ccrtributiork towaid5 costs fr￿n the Mary &47Ve Trv5t d £9,754 (2Q24 - £8￿97). Ihi5 waJ to c(yrt co*& Itwred by the RJvndal(Jn. rhe F(￿1￿1110￿ rLreiveO a cffltrit4ÉirHI t(wards costs from u￿ We5tm(*tand Arts £1,698 (2024 - £3,729), Tbis was to (Liver ￿sts I￿urred by ihe Foundatitrt. Yhe Fwndat40n recelved a c£rtrli Wty) t(￿aTd5 costs fr￿) EdtnofKI Castle EdLThts)nal T￿t or EJ,w) (2024 - £1.28J). Tl4s was to coltr crrt5 I￿e￿ ty F(xndatK)n. The FWndatlc￿ re￿1￿ a c¢nirkbut1t￿ tcwards cosls fr￿ the [￿￿ke¢ Bkn(kn5 Ch￿lty of £139 (2024- £A30). Thls wa5 to c{￿r costs kKMrred by the F(yJnditbYr. The F￿n(latI¢￿ ier£ived a con1rbut1r￿ iovords C¢)5ts ffcffj the Cumbria Comniyf¥t¥ Fc￿datIjn Tntst of £6533 (2024 - E6,279). was to rnver cosis ￿KUrred F(￿ndatE0[￿ Dur¥wJ the year Th Fo(￿at￿)n ￿K$ Dodd & Co Llmitcd, of whlth trtk5tee AIF5on Jtshns￿ Is a thrert￿, £2tlO (2024 - £258) foT services, tEy 015¢ d¢nate(i seThiccs to the value rf £2,(X)0 (2024 - £1,200) DuThNJ the ytsr Tr Fo4K*JathJn PaKI ￿￿￿k￿e LLP, of Ythich Rxhad ts a thrErtor. £1￿1 for kgal seFViCf5. ft1[￿,￿ gr￿t5 wer¢ given trj ¢¥gati￿1(￿￿ ¥thKh ¢1 Trustee has Tholvemait wlh: Appli¢4tit ArnC￿nt st MaiV5 Ftvice £3,000 G Sm*li Headway So&h Cwnbria £650 G Marrirtt Cltmhriè VId1n￿ Chai*abte TrtLSt £9,100 M E Reid ftrthErknglwrb & G Mauhjtt AWAZ {CwnbrY4) UC £3,000 M E Reid Fctherlngtkwn Cwnbyla ¢x)ern CoM￿nY £3,QOO M E Reld FotherK*otrwn Cafers Support South ￿￿e5 £20,000 P Boggon Soutli whilEhav￿ Yqxtth Pwtners £31,881 S E Wilsijn Furf￿ Multkultufal Fwjm £ID,650 S E Vli19)n Rosetrlll Theatre £21,996 S E Wi150ri The TFu&es li￿d atrt)VC V+we nat Thrlved in U* assesytEnt ¢x déckyon [* tFE 9rart ¥plcatioTrs. 44 Ultimate Contrpl￿n9 party The F￿￿atIOn is cDrtr0l￿ boattl of dilett￿% are a150 TrtStEe5, wP¥Jse [r￿berShi1 is set (xk ￿ pa92 3. 45 Member< lablity Ihe liability of Ihe n￿berS15 limite6. Every Imember of the charlty undcrtak¢S io contnlFute to the a￿e15 ot Ilie charity, In the event of the organisation belng wcund up whlle he or she ts a manber, or Yrthyl one year alter he of she (2ase5 to be a member, for payrnellt of the debts and liab4ht4e5 ¢f the charity crffjtrècted befoye he cf she cease5 to be a membcr, and of cDsts, chofges and ￿pen￿ Df kninulng w and f(f the adjustrnemt of the of the c(x#rltHknrS tI￿ns￿Ve5, such hmowt as rnay he rewittsl, txkt n e￿￿edIng £1. Page 63 Cumbria CKpmmunity Fowdatiori- thnsolidated Accourbt5 Noths to the Finanrial fq* tho y4ar eaded 31 Mar£h X125 46 orgreknthaN l4) grthpi MDte C¥5512 Xey Tlpiè Ly)(￿￿1¥e5t Whl¢kniy¢rJ Carnnu￿1ty Tf HoJse ICEtff*ri)) 5,DJO 5.1)Jn rWadr%J rnttre99Q% t•Jln9 4r¢ *1 C•tfythiY>J Iffy*, I 5,fy)O sU￿rt 41t¢keru￿t5 5.th10 Ernplyrfrtfil b &IRFnsAthitor 8MID c￿TrIy￿rrt 4,460 Pmj￿r(o.arl￿￿￿fareabY Ba5k5 We51 (Bb Staff IhteE g,l¢J9 Poyw l.eam 9,2O£ T(w&e4ni%yI 10.OJlJ trt{￿ts {renll In,￿0 Satsry ForQet¢ thKh1optw￿e a)LPilU bcferls¥i ￿lS￿l￿1j￿r￿j %>bzrDWe det4 io.ojo R￿1￿11￿)￿￿ 1>15 JD.(QD ￿ce.B￿s￿￿v￿1wEIY lorÉJCMS KYN &vr .￿S￿￿31￿￿￿￿ lorOCMS kYt4 8¥mw JQ.J50 PlitE.B￿Pj IDr rJcM5 KYt4 PJttJr)irtht, 11,528 Tr•ix(Dtfwg We51 f*.•￿41 [r￿￿￿1r￿7 PIDJXI 13.fAID TWC Farniiw surwrt 15.(OU s5.￿0 tseitAth￿r 51.(Q7 I9&10 Chil*en ard PaMIlY5 WrthrrA PL3y IhErnp15t Jy.E54 wat Meniu PJoJpct 25Mo n¥c Furnlly 5urwrt P•rtnLTrll¥l Agrttfi*M S$￿0 &¥litrrf'uWr¢5 YJ.995 1w4Thte*FUtd￿ HI￿111 Fornjlyl￿l OurmE5bFAi¥l¢ gitvrt in L Ebn Lfjye BatrrOW FomUk5 (JC F.IlmthMff￿nIty 55 ￿￿[liCUl￿￿1￿￿l￿rnly r¢(p UJIw￿lty Ith￿%1￿ clcufftrs kn¥gill f'Jmily l.'efjtre Neil*.rTrAII Lar.c45htye (Tr5J Vknthjrwr. CufflniurAv F.ffl¢*My R45rts15è LDve fsir¥ L G￿Nj￿01$ 11orth Ew-rf p£thylll FamI￿Cent L￿￿knO ￿th Wliwrc IC CuTr*na Y￿￿?1 Pjlim ICYAi (li*￿$ ttsp￿d [11b￿S lJtÈ%S 42.532 aYAryJ5. 5opo 2 56,CCII Troivl4ThVJ W¢# irKknskn IImpD¥l￿g thelllesklJ& eth￿1[￿. •JW•¥l¥ilpiy *nd ￿tery￿'s￿ of yO￿h Zo s,f￿0 fgrJur4DrTew L(*dtrlJ Yt*sl ftUEnixYoJlh fvoxX.t s.aoD W*tCwii¥il 5XkJil s¢allatthofuUn fer(la59t￿mIknlr SJJOD ElLryi￿n ardQpEryU¢IE Mar4)￿7r&￿0ry s￿0D &ght Star M?5 lor P Lèkknl sJJ￿ ￿pi￿g ie&TPJS s￿00 &Iu3141n arJQWurs MaN￿r 5* 5.OL)) CoLA3e5 al 11-19 )t•rd 5,OOJ ii-iy S,OW bLYsary Irq your¥ lir4nRf5 nN¥ Erlryrts InCwikn•ftr Chlktren apAI Youw f*oAo Pwrt 5,Qt>) VEryJF hitt4nJ 4441 l¢r p•i4Qt ¥trJth I2-r￿￿th p*È s,orYJ Aspit&ig Prttthl lots>) 5ts.9&1 52.lj t￿lfarrir<￿tY￿￿l C yquih %W)r£¢rs￿lry rlr.*larL￿dE[￿l1lU PErf4w*E Jl.7J) tI.IA7 14,115 Jq.140 7•M%4t ? owfftHaw*ntptoy•mmÈYJi lo￿￿￿t￿SEr4 ino tyY**Fp¢mi5 ¢rfff (￿lY￿rt￿l￿1l I￿￿) tNvrnn c4f*d￿.1 51114etdJe9et 15.q¢fk 15.Q IS.al* 11.5CG rthY¥d$￿ieO01btry￿SL¥a1b￿*S￿ll{￿S￿S ￿lEY￿￿ L3 yjÈrling￿￿T￿•[￿￿￿fllWTr4St 1r.$OtTrwlC￿1lfluh1l¥T¢¥ 2fj.344 2Lfj53 23.161 21.2 21.4M 24,￿1 31.gJ2 [Cl￿115 4riti IJ w,n Mtftsrs C[Qund￿￿￿ N£i(11 2OJGts*I￿ •m89￿The8￿ riu&t rw 24.955 Y•uihvmf&4ts 2XOtr) ￿(￿5*r 3ÉW81 uUIWQ1￿Ar￿ tuKC•ii￿Q Éijin CIiT SO)) 5oiilh1￿1EhIrfLw 50)) S￿[1￿￿% Lu&élriÈrMbNVllOkbTJifjh Land SnEdurniu rxfpnw￿ETj￿Ufflb1￿41 71¥tr￿ryIcc Enyth¥iddilrw15 ioPenfflh 5,DDI %SA1¥55tcto 5,242 its7V•￿stylkn¢1WrnMUn1*S 5,16Tr IltstCuifikfv4 P4rtorJkp- t¥th• gÈy b12ddEr WtrtLSfO(Ibl S)lfjh Diswt Qnt.lo•ne 5E5wn& OJn&tsnCW.11 7,1 7,155 Wethr S(4rt4r5forihu ￿uth ryf• L￿Me P(£￿ F.E•¥I 7A71 4,wJ 411fJ 4,171 4.33) 5Qi*w￿fflttd C8)S¥ary Yc£e￿. 5•pJIt Iyvjy I1￿ Sa>rrtyYDifjNuwr&tiiT¢• iJo50 55.W) 110Oifjy•UV45 ITrnD5E s1rt*oiiU un%￿￿￿1l$clC kths) Jxll f¢ 1•.122 ￿4￿￿¥￿e0MmL&1l¥ P4itwhig 2QO s￿v￿*￿vr￿J￿￿rth p￿ -gSEihti¥Y•( 15* 741r FArrify$4WtP•￿1trf&rl¥1￿￿Wrt Cvmbria Clxnthuttlty F(Amdalion- Consolldated Ac¢ount4 tlr*tr$ totheFMk￿Ciil 5t*Dwts lor lthe year erktlEd 31 M*rb Xfi2S 46 Grants of •rgrwlov Pli t&tDywslcoLltknwdJ IMprtsYln9 Ihe*Èts## ￿￿oI￿rnIJ￿ 25.WQ [] rwc Fjmly ¥WtpthtspiMiu MrEwp.nt CO￿ Vfrr<￿I1￿r IU.1S valunlrol r•y*w)rt9ifA115111UI15Q¥PEr1w￿th*I0m•KTh *vlty¢S h W. 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CwLI ,DtyJ 'frI￿r¢S Iheu4 oLrt43rEd Iu55a fvrllyAihi •i¥J PV rovndwtyk Np*Ntaoand CLYnkna rovnrt%ytyk NvtN ￿#and CLThhla vr¥XY4trK CLvJ¥hl 1&1,9¥q P•OierJhy DfCL¥JThJrt￿*y I￿,975 ¥¢fvllrs (l&1 (eA4S)f Cumbria Community Foundation - Consolidated Accounts Notes to the Financial Statements for the year ended 31 March 2025 47 Compar*lves for Consolidated Statement of Financlal A¢tlvitles 31 March 2024 Note uryrestr￿ttd RestrKted Endc*ments 2Q23 Totsl Totsl Intt4me Generated fund$ rk)n&iL￿5 an(J legacle5 OthcT trading *ivéttes Fne0￿ from irnestm￿ts charltable activltles 71ant nydkiry F¥O￿am￿£S lither dpritabk me 361,555 1,301,464 7,434 154 6,945,998 ExpeTrditure On Rai￿9 fytsjs Chgrit4bJe ￿tiviS2$ 438,683 507,478 6,608,Y60 49,222 15,B46 487,905 7,131104 341,310 6,224,321 Total expenditu 946,162 6,608,78 65,068 7,620,U09 6,565.631 Plet Iriconie/experrflkurÈ befor¢ investm9* wns bjet gain¥{losges) c investfflents (584,607) (B40,645) 1,239,395 (185,855) 370.36/ 14 2,14&265 2,155,128 (1,338,704) Net income/(expendlture) llefore transfers (575,744) (840,645) 3,385,661 804,904 141754 969,273 C968,331) Transfers bahveen (947,658) Net m0ven￿￿ In f￿ndS 229,E61 (697,891) 2,438,￿3 4,984,722 27.145 786 3I907,687 1,969,273 (%8,337) Talal f￿)d$ brwght forwmd 777,10 33,876,024 Total funds carried forward IXI06,3fj0 4,286,831 29.583,789 34076,960 32,907,687 Page 89