2025-09-30-accounts

Charlty numb•r: 1082142 The Worshlpful Company of Communlcators Trust (fomierly known as The Company of Communlcators Charitable Trust) Un•udllod Trust••$' R•port and Flnanclal Stat•m•nts For th• Y•ar End•d 30 Septsmber 2025

R•f•r•nc• •nd Admln18tratlv• D•tall¥ of tho Cmrfty. Ils TnM100• and Athl8•r• Tru•l••s' R•port Ind•pnknl Ewnln•e• R•port stst•rnnt of FIMn¢l41 A¢d¥ltl•• B•l•nc• Shmt Not•s to th• Flnanclal Stat•ffl•nts 8-17

Th• Wor8hlplul Company of comM￿lc10￿ Tnt Ref•rence and Admlnlstr411ve Detail¥ of th? Chwmy. Its TnMtM• and Advls•rn For Ihg Ygar End•d 30 Soptombgr 2025 Tru8te•• Kevln Moore, Chair John Morgan. Trustee 8 Jlly 2025 Sakly-AM sy￿ Trustee G(th Adams. Truslee lappoint8d 3 November 2025) Andrea Debbane. Trustao (ap￿)Int•d 3 Novamber 2025) Charfty rWthr•d nufflb•r 1082142 Princlpal offi¢• CJO Worshipful ConyAny ofGlazlorn and Paintern of Glass Glazlw8 Hal 9 M￿lague Ckn8e SE19DD Acoountsnts Kre81￿ Reeves LLP 2nd Floor 168 Shorodit( Hh Strnet E16RA Pag8 1

Tru•t•es' Roport Fty th• Y•ar End•d 30 Wknb•r 202S The Trust8es pre￿nted the￿ anrNJal rowt Tmth s18nts of th• Ch&ity for th8 to 30 Septèmber 2025. The Wor8hipful Cornpany of CommUn￿al018 Tru81 Is a rngotef•J rnrnber 1082142, and is Gon6tituted under a Trust deed. Thts managwneni of th• Clwity Is thfr respN￿ltsl1ty of ￿ Tr￿Sle@S are eloctod 8rxI c( opted wder the twms of T￿1 da•d. The WcrthiF￿l Company of Communicaknrs Tr￿t has due and woper ward for th8 Chwty Commiss)n guklance on ￿b￿C bènefft and wmmitin6nt b) be￿ft as set (xTrt in the Charitable TDJst Deed. Our Charltabt• Trust W88 ￿b￿Shall to lIn￿￿elty clwitatA• (xgarw¥8tions aThl rau8•s that ar• relevant to communicati￿. 11 Is managwj and adminwred ind8pgthrty of tho C(Thp8ny by a t)ord of TNstees. Tha Componl8 Ch8rllabl8 Tfust h88 fw TNslO88.' the Ch8ir, Kèth Moor8 (P8St Masier). th• SKretsry, P8Èt Master and Treasuror. Saty SW(es (IAasler 2023 - January 2025 and D8puty M8Sttrr 2025 - Jwtuary 20281, Gordtyi Adams (appointed 3 November 20251, arKI ArKlrea Debbane (appointad 3 Nov8mber 2025). John Morgan {lomier Cwrt A8slstanll r08bJned as a 8 Juty 2025. The Chalr of Ihe c￿npan￿6 CharNy Commlttee and the current M8s•tsf Invltsd to TnJs1o• meelnus eX￿fflO. The Trustofrs meet 3 or 4 tlmos year. togolhor wlth Iho Trust'B Investsnant Manag•r8 and are supported by the Clo￿ Dr lan Wingfidd. The Choir of Iho Charitsbio Trust kq ￿ desqnatod conl8¢t for th• Charty Commi5sN)n and ￿Sur•S that filiTrJ$ to th• Commimon are accuratè and up to dalé. Th8 Company Treasu￿ rn￿ages the bnks wlth HMRC on Gfft Ad. Tho Court appoKits the Trustees. Thwe aro no constitu1Th￿l prov511￿ the ippoinlmort of Trust80•, The Tru81••8 tend b fovtyjr char#l85 lI￿t 8UPVt wtTh• abwty to c(Mnmu￿clt& or enjoy the ben￿tI 01 crJmmuric8tm￿ ar• irty1￿J. The Tru8ts1$ make ￿ls•flo$ b•8ed ￿ •ppLratknns th•t meel th• Charity8 ¢riter4. The Trustees t&ke a long- tem aFvoach to ste#ard￿9 thg and maintan 18 In) ts fvl)Jre by t&%lrvJ step to enwro It• value does nol drop boknv £3CrfJ,(KJO. Tho Twslees af￿ thwr Inv•8trnont m￿•3￿S havg an in¥fj8￿ strJtO9y 7hlKh maintslm tho Nwluo of fund golng foThArd, vffjth th• abilty to mako grants arfsing from irwr ￿rplUS•S (aft•r inwtm•nt manag•monl costs •rKI Irfflakn 81kM•nces1. Trustees hovo f¢￿Sed rffj IxAkJkng up lund to ts rnwls#o £300.DXI Ihreshold en8Uing th8 Company to prc4aresJ to full Wor¥hlFrful ststus. The TTUSt•os ¢uffonlly omsldeflng Ihoy frame and align the Tru6t and the CompanY$ future Invgstmenl and disbursem•nl strategy, irthjing definlng the18v•l of reservo now Ihi5 h8¥ been athieved. Tlig Trusté•s the Trust'¥ Inveskn￿{ mwa9￿ hove o risk loieranc8 within th& curr•nl fund that can a¢xommodate a Xl p8r cent reduclv)n. fy)Ing for4rd. the Trustees inteThd trJ re¥￿￿ tho rigks and benefits wGh that th• is yeserved at tho mbnnum £3(X),(JXJ thrn8hohd plus allov+8nces fvr inflation, wth surpluses retaw (mlnu5 cxts inllal>Jn al(hYm) 8￿j Warded as w&)t8 In ￿r. as pgrfomarbce The Trustge5 manay th? financfj81 assets of I￿ Chorit4>b• Trusl in lin with tho requkomwts of tho Chariti95 Commissi(￿. All the monoy Ihat has boen raised for lh8 Tnnt Ihe pas( and vlll be raised n the future, will be safeguarded oTh1 prth#ed In pwuity tr. Supprmt thafilablo aTrJ g(Mxl ￿ relovart to ctsnmunlcat1￿$. Support and maintain the ￿mI0￿t of £300.IYJ]. Tho Coc charitatJl• committee 18 dgvgkying a 9r8nl 4)KWOgth 5gthng out the prirtlpl•s for gI￿n9 and Ihe typ98 of ￿nIg￿l￿& wa wpp(yt. Tr￿1 estabUBh8d to fvifd Iha clwitstde alms of The W(xstopfvl C(mp8ny of Cornnwni&thrs, which are to suprxirt w$•s that rn18v•rt to uxnmunK8kn. Tr Tnst YJ[o￿ts the Companl8 awwds for charftabl• en(leavrAw.

The Worshlplul Company of Comffwnkatorn Trult Tru8tsa$' Rèport {¢ontlnued) Far th• Y￿r End•d 30 S•ptsmb•r 1025 Tho Company rK8s8nts $8ts of awards gvory y8¥. The Clarlty In C¢)nwnunloall¢)n¥ AwaTd is wwarded lor exceNenc• n cwimunThticn8. It r8cognis8S communlcalk>ns aclfvty wthlch Is carrfed by an Indlvldu81 or C￿￿pary th011s not 4 PTrfessional c4)mffluniGalion practbtioner. and who Is also linked to the mov8mgnt Ihg charrtabl8 $￿tOr. The aw8rd Is made In partnor8hip wrth tho Wor8hlpful C¢)mpany of Glakn and Painter8 of Glas6. wh) c4)mmlssloned tho unlwa glass roundel that is prnsenled to the wM8r. The worshipf￿ Company of Glowrs has the 2025 Clty in Charity Commurd¢ats'ons Award fty its Ir￿p￿￿￿j Inttlalva. Vlrtual Raalmy arKI Assl8kn - Ikvjlrwa a for ￿t￿ng p8ok4e with aub8m" ompelllion. The Clty of London Solicitors, Company comiNJ runner5￿p for its Social campahjn to mark Int6rnalional Women's Day lo b8 part￿￿18T￿ cre8tiv6 and for such a wDrthy cause as the Rights for Women chorty rl mbatting Violence 8g81nst Women and Gits. Tlw Comwy d HR Prole68lon818 arKI spodolty lh Past Master Andrea Eccl&8 wer8 also commW￿8d for th8lr 8x¢eplkin81 rknnc8 kn r•achlThJ tho £￿).1￿ law to become a IVor8hlpful Compwy. Th• Plllltsry Communl¢•tor Awwd• aro prosmled al the Companys Aftnu81 Militsry Dlnner lo r8c4)gni8e th8 broad range ol DefewA c4)mnwnicatws1gnt across the whole mlitary 8errflce. Wlnn•r8 Includ•d Sarah Goldthorp (Amiy). Hannah 8oume (Ro￿1 Ngvyl, Squodron Leader R08erve Ogn Chorfgy IRAFI, and Chloe Hobbs ICMI Servte), aactt rKtsJnl￿d for •X￿p110ThaI achl•v•marls In tslllng the $torle8 01 lrffr, 1fr8ding media ¢ampoKJns. and supp)rting inlernalh?nal Cfjwations. A sp•cial eommerdalion wènl to May RKard 'Rrf Cd8 RM for NB oxtawv& ctintithtt(m to mlHtsry modla and InfO￿ation operations. The Trust has reached endtr•meTrt requlrement of £3(Kl.(KrfJ. Th• FoLwthr U4wynen eatsgory corrtlnue8 to prove siK¢es8fv1 In raklng fLnls tho Tnjst. Tho fU￿j has doutknd Sn vglue in th8 Lgst 6 ￿1$, desplte some volallity In global mwkets. We have continued b fund LNery Schoc48 Link and ¢4)ntrbule to Polinalkng LuKfon Together as W￿11 a5 makl conlributiono ￿ Cty and Mayoral chwithble knrt1a1iv￿. The Coc hos e5tsbli5he£l Ilnks vAlh cadet unlts In the Amiy and S88 Cadets, as ¥￿11 as ￿1ft￿ thè Am•d Forc•s' Cov•nanl and whil8t th•s• ar• Company Klp￿tIes, not the Charitable T￿￿1. they serve lo und9rlin8 the link8 with our amied forces. Th8s0 incl￿8 (y)ntsibutw¥J to Cty events cxxmiemwating R•m•mbrarK• Oay. 8tat•m•nt of Trust•M' r•SpOn￿bIll￿•# The TnJ$toe$ are roopon￿blO proporyvd Tru¥tfjO8' TeFK¥t and the flnanclal slalomerts In accordan(x wlth pplica￿e law and United Kb¥dom ACcountr￿ Stsndwth lu￿19d Krydom Gonfrrally Accapl•d Ac¢ounting Practic4). The law applicable lo charthes in Engla￿ & Vlale8 wulres the Trnsta8s to pry8 financial statements for 8ach flnanoal whkh glv8 a truè and fair view ol the stste ol 8ff8irn of tho Ch￿ty and of ts IncomlThg r&sourc88 and apF4ication of resources. Inc4uiJng Its In(xma and oxporKlture, for tho1 pgwl. In preparing these finar￿la1 8tstemerts, the Tn￿lee5 afE requwed lo: selecl suftable accx)unt'ng policies 8r¥J then a￿Y Ihwn t￿￿$1St0nty. absem tho method8 and prin(aF4es of th8 Charrties SORP (FRS 102): make judgments and accounting e8timale8 that ¥e reasonatlg and pnJ8nt; state Wheth￿ ¥)pIts￿e UK AectyJnbng Standds {FRS 1021 have been foNlY￿d. subject to any material departures disdosgd and explain8d in the financial slatemerts" prepare the fmnci81 statements on ts g¢JrYJ eontèm basis ur4oSS it is wwpnwriale lo presume that the Charity wlll continue in busines8.

Th• Wor8hlpful C•ny of ctynMU￿Cator8 Trust TNsttos' Report {¢ontlnu•d) For Yo•r End•d 30 S•ptombv 2025 Th& Trustees are resptywibb fty keep￿￿ adequate r￿d9 Ihat ar8 suTrient to shw and expLgY% the Charitys tsan$action8 ar￿ digdose vlih reas(mble at 8ny time the knxal rA)tsthi of th8 Charity d anab￿ th8m lo ensure Ihat the flnwKlal stOt8rnetts c￿pIY wlth the Charltl88 Act 2011. the Charity {Aw)unts arKI Reports) Regula11¢￿ ￿18 and the wohlons ol the Tw$t Deod. They are also resKm81bk for safFguarding the os$ets ot th8 Ctwity henc8 lor l&kirvJ r￿S(Th￿ steF6 lor th• provwrtion and det￿)n of fraud arKI other irr•guloribes. Approv by ol mbor8 d thg b)oril of TnthN on thalr behaff by: (Chair of Tru Data:

The Worshipful Company of Communicators Trust

Independent Examiner's Report

For the Year Ended 30 September 2025

Independent Examiner's Report to the Trustees of The Worshipful Company of Communicators Trust ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 September 2025.

Responsibilities and Basis of Report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: 10 July 2026

Richard Spofforth FCA Kreston Reeves LLP Accountants London

Page 5

Stat•rn•nt of 11nanGlal actlvlll•• For th• Yur End•d 30 Soptsmb•r 2025 Total fund* 2025 funds funds 2￿24 16,411 9.347 16.416 9.347 38.150 Investment Total Incom• 25,763 24763 45,830 EXp•fid￿r• on: Charitable advkl88 11.7Y8 Tolal •xp•ndllurn 11.T16 11.776 9.453 13.917 13.987 36.377 29,867 Net g8lns on Inv95tments N•t mov•m•nl In lund• 34.893 66.244 R•¢onclllatlon Irf lundD: Total fund8 brought foThvard Net mvernent ￿ lund8 326,309 260.065 66.244 Total lund• carrl•d fonmrd 361,202 361,202 326,309 The Slaiem8nl of FinwKlal IDcaths afi g￿rI4 and l(MeS TwIB•J kn tho yw. Tho notes pages 8 to 17 fwm partc4 finwKlal •latsnwts. Pay6

The Wornhlpful ol CtynmurfcJtor• Tru# Balonco Shoot AB at 30 Soptomb•r 2025 2025 2024 Plx•d a8••t8 Inve8tsm8nts 10 343.840 309.482 309.482 Dobtor8 Cash al bank and In hand 11322 9,150 473 18.364 21.472 18,837 Currnnt Ilablllll CredtsJrs". aThwJunts follirwJ due 4tlyn ( 12 {4,110 (2.010) Net curr•nt IT.362 16,827 Tot1 n•t a•s•ts 361302 326.309 Ch•rlty fvnd¥ Reth¢ted fund$ Unr•8tdct•d fund# 13 13 361.202 326,309 Total fund• 361,202 326.309 Tho fina al latements vmre appr￿1 and a￿l¥)￿sed for168ue by the Trugtees and slgned on Ihelr bèhaff by: K•vln Moo (Chair of T Dal•: Th8 nots8 on p 9888to17 pBrt ol fvse firwKid ¥tatement&

T￿ Wor8hlpful Comp•ny of ConMnuth•torn Tru Nots• lo th• Flnan¢l81 Statsm•nts For th• Y•ar End•d 30 S•pt•mbw 2025 G•n•rnl Inlormathn The Worsh¥￿1 Cornpany ol communicat(￿ Tntsi (tho charity) is domI￿led in the United Kingdom. Tha address of prindpal ollke 1$ Clo WLKshipful Compony of Glaziers 8nd Pakntèrs of Glass. Glaziers Hall. IMonlagu8 cl￿e. L￿d(￿ SE1 900. Tho ¢hanty vrds estsblk5hed to fuffil the cknar1tab￿ alms of The Worshiplul Ci)mpany of Ccrfnmunulors, aro to support caus8s that are rolgvont to communication. The Tntst60s Iherefofe irt•nd tr) few￿r (thaith8s that supp)rt pw)plct whose abilty to cwnmunicat& or an￿ the ￿nOfft8 of eA)mmtrriThll￿ il saverdy inyayed. Accountlng polkl•s 2.1 Ba•kn of prnp•raek)n of flnan¢lal lt•m The finanthl Stat•M￿ hove b••n wepared bn a¢Xxmd￿ wilh thè Charfti8s SORP {FRS 1021 . Accountsng Rgwytlng by Cbwrtw: Sl8temenl of Reo>nm¢nd¢d PraGliGe applicable tri chariti•s kygparing th¢lr acccunts kn a¢¢tyd8nc8 with Finarti81 RepO￿l￿d Slarnlord applirAqbl• In th• UK a￿j RepublK of Irdand (FRS 102} (affKtive 1 January 20191. the Financi81 R•wtlThJ Stsndard ar&cable in the UK and Rewbk of IrelaThl IFRS 102) the char￿85 Act 2011. Tho ff Mn¢ld slatem￿ts have b8èn wep8r8d to • trje fw'rf and have departgd from the Chartties IAc¢ounts aThJ Reports) R8gubètlons 2ry)8 to th• •xt•nl requirEd to Iruo and lalrf viow. This dèplure has irNolved fo10￿rIg charit￿$ SORP IFRS 1021 publlshed in Octob8r 2019 rnther then tho A¢xoJnting arrtl Reporting by Charitl•s.' Stslement of ReGommondod Practico offective frofft 1 Aprd 2(NJS wh￿h ho5 $inL beM vthdrawn. The WornlWI Company d Commurdc8th TA￿1 m•ols Iho of a b￿offt •nty ur#l•r FRS 102. Aswts aThd 118blllUe5 we ￿ll$allY w4nl8od at hlstwKal cost or transaction valu8 2.2 Incom• l kncomg Is rec•Jktse(i th• Chwty hos ertillement to lh• kKome, It 15 prd>fjbb that th• c(mo w411 bo WKI ts ￿n￿nI of rwxl¥th can b• n￿o5￿r9d rellabty. Incomg tax recovornblo in rela1￿ to investmènt iKX)me is MctsJni8ed at Ilm8 the Inveslmenl Income18 re￿I¥¥ble. 2.3 Exp•ndlturn Expendrtur• is rwThs&d Ilwe is a Wl ( c4)hg8tion to tran8f•r ￿)noMiC benefit tNrd party, it 18 wob8tl¢ that 4 tr￿fer of econcry ben8fits wll be requred in sgtuemont aTra Ihe afflount of the obh'galicm can be measured rekably. Expendriure is c18Ssrf￿ by acti￿ty. The costs of each actiwty are mado up crf lh• tctsl of dlrect costs aTrJ Bharod c4)8ts, includlng support Costs knYo￿ad In Lmdertakkng each acfivity. Dlrect e08ts attributsble to a SI￿ activty aro ￿l￿ted dlrectty to that activity. Shar&J c#Jsts which ￿ntr￿￿te to m￿1 one aC1fv￿ and support which are not attnbutatle to a ￿ts￿lty OWB app(Xt￿d Ihw ad￿ry￿e6 on a basls cons18t0nt v the uso of rosources. Exponthlure on ch￿table acl1¥rfti￿ i& irKuff6d on dlro¢ty urKlertakiTrJ Ihe ￿lMt￿5 wfi6¢h fvrther the Charitys oithe$. 8$ t￿￿1 as any assodated SWKWI (rAts. Grqnts pa￿ org cfvryed in Ihe th8 Crt8r is mado •xcept In those cases where the offgr is c4)ndFbonal, su¢h grants rncognised 05 expgfKlure wtron tho c£ThJibon8 attaching are frjffiI￿d. Grants offered 5Ut4ect to condiiJns which have not been met at the year end a￿ notsd as a clxnmitment. but not acuued as 8￿￿￿re. All expend￿re is ir¥Jusi4E of Irrec0￿ble VAT. Page 8

Th¢ W•)T¥hlpfvl Comp•ny of COMMU￿•11>￿ Tnt Notes lo th• FIDancl•l Statomfrnts For th• Year Endpd 30 S•ptomb•r 2025 AC￿￿ntIng poll¢ies (conlknu•d) 2A Intsr••t r•c•lv4bl• Intsrest on finds hdd on dep￿tt 18 wtn rocv&i8 amount can be mea$urgd mliabty by th• Charlty. th18 is r(ffiialty utM)n n￿lficati)n of thg interest paid or payabkn by th• institution with whom the funds are depoted. 2.$ Inv•thnts Flxe¢J asset investmants arg a fwm of fknanclal ￿nstrUment aThJ are Inlually recognlsed al their tr8nsaction cost and subseqwnuy measwod at f8ir v8luo at Balance Sheet date, unless the valuè cannot be measured rtliably kn ￿tilCh CAS8 it is rrthqsured at cost less impaimienl. Inve$lmenl oains and losses, whether realised or unrealised, ara combOn￿l aThJ weBonted as 'GainsllLos588} on Inve8tmen18' in th8 Stalemonl of Financial Activit￿. Inv•8lmonts h•ld •8 Ilxad ￿88t8 arn al cosl less p￿￿10n lor Imp8trmènL 2.6 D•bl¢rn Trade and other deblorn are reoJ3nisèd al th• 8OtUemont amount after any trade dl8eouftt offered. Prepayments ore vakjgd 8t prepE4kJ n81 of any trade discounts ￿0. 2.7 C••h •t b•nk •)d In h•MI Cash at bank In haTh1 indudès ¢ash arnl sh¢Jrt4erni hty3hly Ilquld invthnents with a 8hort malurty of three month8 or la88 from Iho d818 crf ac4uisttK) Oropeni￿ of Ihe depostt or simllar •c￿￿nt. 2.8 U4blllU•• and provl•lon• Llabi11ti88 aro rocognlsod wth•n trro k8 an oblig81h)n al the Balarts Sh¢et d&lg as 8 rg¥uk of a past event, rt 18 probai40 that 8 tr￿Sfer of ecor+omk benefft b• r•qLrir•d In 8•ttlem8rt and the amounl ol the seluement Can be estimated reliabty. LkbIlIl￿ we reccgnlsed al the amount Ihat the Chty antklp8te8 It Yll pgy to Jetue the debt or the amounl it h88 recefvod a8 paymonts the wods or seNtces il musl provhl0. ProvisK￿$ are measured at Ihe best e81knate of th8 amouniy réqulrÉd to sotU8 th? obligailon. Where the effect of thè time v8l¥Je of monèy 1$ material. the provssion is based on the pr856nl valuo of th058 amcmjnts. dIsCount￿ at the pr&tax dscA)unt rato that rBflBGts thg rnks SFecffic to the Mablllty. Tha unwlndng of discount is rfjco3risg(l in thg Ststoment of Flnanclal Acttvltlès as a finance cost. Ig Flnancw In•trun The Charfty onty has financi81 asgels arrtj than¢ial Ik8bilits$ of a kind that quallfy 89 basic financlal instruments. Ba8ic financial wtslrnrn8nts are fftitially recognised al transacb'on value and subsequenty measured at thelr selknenl ¥￿8 lth thè exc8Ptk)n of bank loans vthlch are subsequenty measured at amorusfjd Cost u&ng the effective interest melhtyy. Pap9

Tho W¢r•hlpfvl Compwry ol Conmunl¢ators Tr￿1 Notss to th• FlnanGl•l Stat•m•rts For th• Y••r End•d 30 S0ptsrn￿r 2025 At￿intIng pollclm {corttinu•d) 2.10 Fund accourrtlnq 0881g￿￿￿ fund8 comprise unTe6tricted fund8 that hove been set a8Kle by Trusw lor p8rUoJlar purposes. Thg u88 of 88th des1￿9￿1 Is 801 out In the noles to the flnaThSal siatements. Um#trkt•d Totsl fuThd• fund• 2025 2023 16.416 16N18 Unrestrfdod Jndj 2024 Total fund8 2024 t￿natI(￿S 38.150 38,150 P40 10

Th• Wornhlplul C¢Jrnp•ny of Conrnnl¢th Tru•t Notes to the FlnanGlal Statom•nt¥ For t￿ Y••r end•d 30 8•pt•mb•r 2025 Inv•8tm•nt InMm• Unrestrlcl•d lund• 2025 Tot•1 funds 202S ome frixn listed Invastment Income- b1￿k inlernst 9,269 78 Tot*1 2025 9.347 9,347 Unrestrlct8d fuThY8 2024 Total funds 2024 Incom• from118tsd Investments Investment I￿)M0- bank Intor08t 7.556 124 7.556 124 Total 2024 7,680 AMly•l8 of grant• Gr•nl8 lo GMts to In•lllutlonA Indlvldu• 2025 2025 Total hJnd8 2024 fund• 2025 Drm•lion8 988 Page 11

Tho WornhI￿1 Company of ComffAmlc•tOfS TnMI Not•s lo th• Flnanclal Ststsm•nts For tho Ymr End•d 30 S•plombor 2025 Summary by fvnd typ• UnMtrl¢t•d lund• 2026 Total 2025 Donallons AoxwntanGy fpfj 2.1th) 2,100 Sèc¥ètafial 88r¥lrAs Inv•strnent manag•r fo88 3.866 4,234 T*)tal 2023 11,TT8 11,771 fvr4ds 21]24 Total 2024 3,450 514 1,860 3,829 3.450 514 1,860 3.629 Office oxp8n8es S•crniart81 $on4tO5 Inv88tmont manag•ffaes T¢Xd 2024 9.453 9,453 Pffj8 12

Th• Wor•hlpful CompAny of C¢xnmthator• Tnffjt Noto$ 10 tho Flnanclal Stst•m•nts For the Yo•r Endod 30 SeptembDr 2025 Analy•i• of •xpendfturn ty athKI•• Grnnl lundlng of •utfvlll 2025 Support ¢¢￿t$ 2025 Total fund8 2025 Don¥tiorb5 Accountancy fe68 Office expenses Socratanal sèrvixs Inv￿tMent fftanager5 fws 2.100 588 3,866 4,234 2,100 588 3,866 4.234 Total 2025 10,788 11,776 Support cnsls 2024 Total nds 2024 Account8ncy lees 3,450 514 1,860 3,829 514 1,880 3,629 SècT•tsriAI serv￿$ Inve8trnent managqrs fees Total 2024 9,453 9,453 Ind•p•nd•nt •xamln•f• r•mun•rntlon 2025 2024 Fees poyable k> the cha￿￿9 knjependgnt exanknr lor th# kndyThJgnt •xaminalion of tho Charity5 annual accounts Fees pay8bl8 lo the Chariti/s exmr in re8poct (t. Other accounts￿ servicos 2,100 1,770 1,680 Tru•t•M' r•mun•ratlon •nd oxp•hs Ourir#J the yew. no Truslees recei¥d any rgmwwakn or bgnefits {2024- £NILI. DurirKJ the yew ended Y) September 2025. no TTUSte8 expens85 hav8 been Ir￿rred12O24 - £NILI. P8ge 13

Th• Wor•hlpful Comp•ny olCommunI￿ Trust N¢>tOS to th• Flnanclal Stat•m•nt• For th• YMr Endod 30 8•ptemk￿ 2025 10. Flx•d M••t Inv•lm•nt• OthDrflx•d Inv••tm?nt• Inv•stm•nts Totsl Co•t or valuatlon At 1 Octobor 2024 AdditM)ns DIsp08ais Revaluatlon8 309265 29.438 (27,483) 16.549 217 15,854 309.482 45,292 {27WI 18.549 At 30 S•ptemb8r 2W25 327.769 16.071 343,840 M•t bo¢ v•lu• At 30 S•pt¢mber 2(r25 327,769 14071 At 30 September 2024 309.265 217 309,482 11. D•bl•rn 2025 2024 Du• wlthln on• y••r Am¢JJrts by CrybV8ny of C(knmunlc8torn Prepayrnents •¢cN•d kncom• 12,296 473 12. Cr•dltorn: Afi￿nts lalllng ikn wllhln an• >* 2025 2024 Acixuals and deferred IrK 4110 2,010 4.110 2,010 Prye 14

The Worshlpful Company of ConThinlcorn TnJ•t Notss to lh• Flnandal Stt•ments For the Year End•d 30 Sapt•nkn 2025 13. 8t•t•m•nt ￿ ￿ftds 8t4t•m•nt of fwKl•- ¢urnnt ygar B•lanc• al 8•lllnc• at 1 O¢tob•r 2024 30 GOIn￿ S•pt•rnb•r (LoM••) 2025 Ine¢)m• Exp•ndllur• Unr••trlct•d lund¥ D•51s￿St•d funds Designalod FurKI8- al 12,1)60 12,060 G•n•rnl lunds General Funds- all fvr 3143 25,763 (11,776) 20,908 349,142 T¢)tsl Unr••trl¢tsd fw 24763 111,776) 20,906 361202 Tho D6sign8ted FLWKl$ ¢Mipriso thè Friend Fund *hich. thibst being hehl as an addltion lo general ¢harilable lunds, is lo b• used particulwty lo pr¢fflote education, bost waclke and the sharing of knowl•dg8 In th• Ilethl of P￿>1￿ rgltytlons. St•t•m•nt of fvnd•- prlor yw Balance at Balance at Galn81 September ILosso8) 2024 2023 UflM•trld•d fvnd• DMl9nat•d lund• 088lgnated FurK18. 8U fl￿d$ 12,060 12.060 G•n•r•l fund• G•n•ral Funds- all furKJs 248,IYJ5 45.830 (9.453) 29.867 314.249 Tolal UnrnstrIcl￿ lund• 260.065 45.830 {9,453) 29,867 326,309 Page 15

Th• Worshlplul CompAry ol CMMThml¢rtorn Tru•t Notes to th• Flnanclal Stat•m•nts For th• Ymr End•d 30 S•pl•mbw 2025 1& Surnmary offvnd• Summary ot￿nd - wrrnnt y•w Bal•Tr￿ al Balan￿ at 1 Octob•r 2024 G•ln•l 8•pt•mb•r InMm• Exp•ndtuw• (LO¥￿ 2025 Da8lgnatod lund• Genefai lund• 11CrfO 314249 12.060 349.142 24763 25,703 (11,7701 361,202 8ummwy of fund¥ . Pflor y•ar Balance at Balance at 1 Oclober 2023 Gain&1 September In¢om ExpwvJi￿I• {L08888) 2024 D•nat•d fiJrK fvrK 12.060 248.005 12,060 314,249 45,830 (9.453) 29,867 260.065 45.830 (9,453) 29.887 326,309 15. Anly•l• af n•t M••ts b•lw••n fund• Unv•trt￿•d fund• 2025 Total fvnds 2025 Fixed asset in¥ostrnents Current assets Credltors dua ￿￿thIn ong 343,840 21.472 {4,110) 343,840 21,472 (4,1101 Total 361.202 361.202 Poge 16

The Wtyshlpful Company of Communlc•torn Tnxt Note# to the Flnanclal Statsm&nts For th• YMr End•d 30 S•pl•mb•r 2025 15. Analy¥l8 of n•1 b•lw•on fitnd• Icontlrn Analy•l• of not a88•t• be14Ye•n fund•. prlory•v Unrostrlctod Jnds 2024 Total funds 2024 Fixod asset Inve8trn8nts Current assèts 309.482 18.837 12,010) 309,482 18,837 {2,0101 wilhin yw Totsl 326.309 326,309 16. R•lat•d party trnnMction• OurlNJ tl* ywr. Th• WcrtiiplLrf C¢xnpany of Ccrfnmufl￿tOrn Trust Ch8W} ontsred Into tran8actlonG whh The Worswul C(Ynp8ny ofComrNthlorn. 8 wnpany undw common eorltrol. As al 30 Seoombor 2025, The Worshiplul C(xnpany of Communlc8tors ¢y48d £12,296 to tm Char {2024. £473) for t$)nall￿ on tho CharlW8 bohalf, Two Trustèès 12024 - Two Trustegs) tho porbj totallng to £17612024 - £5.200). No r9sti1￿10￿S aw11￿ to ¢onats"on$. Pay 17