Charfty regl8tration number 1084065 (England and Wales
THE MANOUKIAN CHARITABLE FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
) xeinadin

THE MANOUKIAN CHARITABLE FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Tru8taoB
Mr S Pre5S
Dr A Sarki53ian
MTS T Manoukian
Charlty number (England and Waleg)
1084065
IndgP8ndènt axamlner
Hazel Day
Xeinadln
Nightingale House
4648 Easl Street
Epsom
Surfey
KT17 1HQ

THE MANOUKIAN CHARITABLE FOUNDATION
CONTENTS
Page
Truslees, report
Sialement of trustees, responsibilities
Ind8P8nd8nt examiners report
Statement ol financial actlvilies
Balance sheet
Slalement of cash flows
Noles lo Ihe llnancial stalemenls
8-14

THE MANOUKIAN CHARITABLE FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Irustees present Iheir annual report and financial slalements for the year ended 31 December 2024.
The financlal statements hav8 been prepared in accordance wilh the accounting pollcies set out in note 1 lo the
financial slaternenls and comply with the charity's governing document, Ihe Charilies Act 2011, FRS 102 "The
Financial Reporting Slandard applicable in the UK and Republic of Ireland. and the Charities SORP "Accounllng
and Reporting by Charities.. Slalemenl of Recommended Praclic8 applicable to charities preparing their accounts In
accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ifeland (FRS 102)
ObJ8ctlvgs and actlvllles
The objects of the Charity are the promollon ol general charilab18 purposes.. Ihe Trustees give partlcular ÈmphBsIs
to projecls wllh medlcal, educallonal or cullural aspects and those that relate to Armenian matlers, allhough théy
consider applicalions for other charilable purposes. This policy is Teflected in the typ8 and level of donalion as
disclosed in note 4 to lh& accounls.
Public b8n8fi1
The Iruslees have paid due regard lo guidance issued by the Charily Commission in deciding whal activities the
chaflly should undertake.
Granl making policy
Request8 for grants are received IhTough personal contacls of the Settlor and the Tfustees,
As slated above. applications are considered on the basis of whelhef Ihey meat th8 g8n8ral aims of th8 Foundatlon
and the nalure of the project concerned. Th8 Foundation will consider providing assistance lo projects that may b8
partly funded by otheTS if this will enable the projecl lo proceed. The Trustees have tended lo glve greater
consideration lo educational, envlranmenlal and cultural projecls as well as those whlch are Inlanded lo r811eve
poverly, Illness and suffeilng.
Achlevement8 and performance
Signific8nt activities and achi8vomenls againsl objecliv8s
The charity Teceived grants of £947,461 (2023.. £1.150,360) in the ygaT. During the year £1,031,925 (2023:
£1,448,181) of granls and donations to other charilies and good causes were made. The Trustees contSnue to seek
to malnlain a low c05t ratio V￿1h1n Ihe Charity
Donallons and grants made can be broken down a8 follows.,
Social Sepiices and Relief
Cultural
ReliglOUS
Medical Research and Care
Education
Envifonmenlal
278,729
119,018
276.087
83,616
84,476
190,000
Flnanclal revlew
Investment policy
The Foundalion has received granls for Its general charitable purposes, which 11 has allocated lo general and
designated funds and has disbursed Ihese throughout Ihe year.
Given Cuffent low interest rates, th8 Trust88s have taken Ihe view Ihal there would be no material benelll In
maintaining spare resources on deposit, and therefore for adminislralive ease, all fund5 are held on current accounl
pending disbursernenl.
The Trnstees intend to pursue similar policios with respect to granl making in 2025 and do not anlicipale any
significanl deviation In Ihe patlem of donations.

THE MANOUKIAN CHARITABLE FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
structure• govèrnan¢o and managemènt
Govgrnlng do¢ument
The Manoukian Charitable Foundalion is consliluted under a trusl deed dated 8th March 2000 and is a regisl8red
Charity no 1084065. Over the years the Charity ha5 received gifts from Sources associated with th8 Manoukian
Family and does not actively fundrais8 Irom third parties.
The Trusl68s have referred lo Ihe guidance contained in the Charily Commisslon's general guidance on publlc
benefit when reviewing our aims and objectives and in planning our future activities.
The Trustees who have seNed during Ihe year and those who are currently In office are set out below. The Initial
TTUSte8s were appointed by the S8111or and any subsequent appoinlmenls are made by the Trustees. There Is no
sel period for which the Trustees are due lo Se￿e. The Trustees meet at least once per year, and declde on any
mallers that Involve Ihe Charity in a commitment with a duration greater than one year. Grant approval is made by
discusslon between the Trustees. The day-to-day running of the Charity is dealt with by one of the Trustees, Mr
Steven Press
The trustees who s8Ned during the year and up to the dale of slgnalure of the financial statements were:
Mr S Press
DrA Sarkissian
Mrs T Manoukian
Recmllment 8
app
inlm8nt of Iwslees
The tru
repo
was approved by the Board of Twslees.
MrSP
Tru8tse
2{[oql L￿L(

THE MANOUKIAN CHARITABLE FOUNDATION
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
The Iruslee8 are responsible for preparing the TTUStees' Report and the financial slalemenls in ac￿rdanCe with
appllcable law and United lQngdom Accounting Slandards (Uniled Kingdom Generally Accepted Accounting
PracllGe),
The law applicable to charities in England and Wales requires the Irustees to prepare financial slaternenls for each
financial year which give a true and falr view of the slale of affalrs of the charity and of the incoming r8sourc8s and
applicalion of resources of the charity for that year.
In preparing these financial slalements, Ihe ttustegs are required to..
selecl suitable accounling polici8s and then appty them consist8nUy:
obs8Ne the methods and principles in the Ch81ities SORP..
make judgemenls and estimates that are reasonable and PTudent',
slate whether applicable accounting slandards have been followed. subject lo any maletial departures d18cIoBed
and 8xplained in the financial statements. and
prepare the financial slalements on the going ¢on¢eTn basis unless It Is inappropTlale lo presume that th8 charity
will continue in operalion.
The Irustees are responsible for k88ping sufficient accounting records that disclose wilh reasonab18 accuracy al any
tim8 the financi81 position of Ihe charlly and enable Ihem lo ensufe Ihal Ihe financial statements comply wllh the
ChaTilie5 Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the PTovlsions of the trust deed. They
are also responsible for safeguarding the assets of Ihè charity and hence for taklng reasonable steps for the
prevention and detecllon of fraud and other Iffe9ularilies.

THE MANOUKIAN CHARITABLE FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE MANOUKIAN CHARITABLE FOUNDATION
I report to the Iruslees on my examinallon of the financial statements of The Manoukian Charitable Foundallon (the
charily) for the year ended 310e¢ember 2024.
Responslbllltles and ba818 of report
As th8 Imslees of the charity you are responsible for Ihe preparation of Ihe finan¢lal slalem8nts In accordance wilh
the requlrements of Ihe Charities Act 2011.
I repori In respect of my examinalion of the Charity's financial slatemenls carri8d out under section 145 of the
Charities Acl 2011. In carrying out my examination I have followed the Dlrecllons given by the Charity Commlssion
under section 145(51{b) of the Charilles Act 2011.
Indepèndent examlnorf$ ¥tatemont
Since the charity's gross incom8 exc8eded £250,000, th8 independent examiner musl be a member of a body listed
in secllon 145 of the Charilies Acl 2011. I confiim that l am qualified lo und@rtak8 th8 examinallon because l am a
m8mber of the Instilule of Chartered Accountants In England and Wales. which is one ofthe1151ed bodies.
Your allenlion is drawn lo the fact that the charity ha5 prepaied th8 financial 51alements In accordance wllh th6
relevanl version of the Statemenl of Recommended PraclSce applicable to charili8s preparing thelr financial
51atemenls In arKord8nce wllh the Flnancial Reporllng Standard applicable in Ihe UK and Republlc of Ireland (FRS
102) in preference lo the Accounting and Reporting by Charilies: Statemenl of Recommended Practice Issued on 1
April 2005 whlch Is referred to in the extant regulations bul has now been wilhdrawn. l understand that thls has
been done Sn order for Ihe financial statements lo provlde a true and fair vlew In accordance with UK Generally
Accepted Accounllng Practlce.
I have comp181ed my examlnallon. I confirm thal no mallers have come to my attention In ¢onnecllon with the
examlnatlon giving me caus8 lo believe that In any malerial respect:
accountlng records were not kept In respect of the charlty as required by secllon 130 of th8 Char6tles Acl 2011.
the financlal stalements do not accord wilh Ihos8 f8cords- or
the flnancial st81ement$ do not comply with the appllcable requirements concernlng Ihe fom and content of
financial statements Sel out in Ihe Charilieg IAccounls and Reports) Regulalions 2008 other than any
roquirement that the financial statements give a true and falr view. whlch is not a matter consldered as part of
an independenl examinallon.
I have no concerns and have come across no olher malteTS In connection with the examinallon to whlch attention
should be drawn In Ihls report In order lo enabl8 a proper underslanding of the financi81 statements lo be reached.
Hazol Day
Xeinadin
Nightingale House
46-48 East Slreet
Epsom
Surrey
KT17 1HQ
Dale: ..aG¥S..Ee*.e￿￿￿ twas

THE MANOUKIAN CHARITABLE FOUNDATION
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
UnreBtricted
funds
2024
Unrestrlct8d
funds
2023
Note8
Incomo from:
Donallons and legacies
947,461
1,150,360
Tolal Income
947,461
1,150,360
Expendlture on:
Charitable aclivilies
1,115.376
1,527,718
Total expendlture
1,115,376
1,527,718
Net expendlture and movement In fund8
(167,915)
(377,358)
Reconclll&tlon ol fund#:
Fund balances al 1 January 2024
429,999
807,357
Fund balances at 310ecember 2024
262,084
429,999
Th8 Statement of financial actSvilles Includes all gains and losses recognised in the year. All income and expendlture
derlve from conllnulng acllvilies.

THE MANOUKIAN CHARITABLE FOUNDATION
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Notes
Current as8018
Cash al bank and in hand
264.724
435,279
Credltorn: amounts falllng due wlthln
one yèar
10
(2.640)
(5,280)
Net Current a880t8
262,084
429,999
Tho funds of tha charlty
Unrestricted funds
11
282.084
429,999
262,084
429,999
The financ
temenl8 Were approved by Ihe trustees on .
MrSP
Tru8te8

THE MANOUKIAN CHARITABLE FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notos
Cash flows from operatlng actlvltl88
Cash absorbed by operations
14
{170,555)
{376,878)
Net cash gèneratod from Inv88tlng actlvltle8
Net cash generated from flnanclng actlvllle8
Nat decrea8e In cash and cash aqulvalants
(170.555)
(376,878)
Cash and cash equivalents at beginning of year
435,279
812,157
Cash and Cash equlvalonts at end ol year
264,724
435,279

THE MANOUKIAN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Ac¢ountlng pollcleB
Charlty InfoTmatlon
The Manoukian Ch8ri1able Foundalion Is a unincorporated charity.
1.1 Accountlng conventlon
The financial slalements have been prepared in accordance with the charity's governing document. tha
Charities Acl 2011, FRS 102 "The Financial Reporting Standard applicable in th8 UK and Republic of Ireland"
and the Charilles SORP "Accounting and Reporting by Ch8Tilies.' Stal8ment of Recommended Pracllce
appllcable to charitles preparing their accounts in accordance with the Financlal Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)" The charity is a Public Benefit Entity as d&fined by
FRS 102.
The financlal statements have departed from the Charilles (Accounts and Reports) Regulatlons 2008 only to
Ihe extent requir8d lo provide a tiue and falr vlew. This departure has Involved following the Slalemenl of
Recommended Practice for charities applying FRS 102 ralh8r than the version of the Stalement of
Recommended Pracllce which Is referred lo in Ihe Regulations but which has since been withdrawn.
The financial 8lalemenls are Prepared In slefling, whlch Is Ihe functional currency of the charlty. Monetary
amounts In these financial slalements are round8d lo the nearest £.
The financial statements hav8 been prepared under the hlstorical cost conventlon. Th8 principal accounllng
pollcle8 adopled are set out below.
1.2 Golng ¢onc8rn
Al the time of approving the financlal statements. the twstees hav8 a reasonab18 8xpe¢lallon Ihal Ihe charlty
has adequate resources lo Contlnua in opeTalional existence for th8 fore5eeabl8 fulure. Thus the trustees
contlnue to adopt the golng concern basi5 of accounllng in preparing the financlal slal8m8nls.
1.3 Charltsble funds
UnTeslricled funds are available for use al the dlscfetion of the Iru8tees In furtherance of Ihelr charitable
objecllves.
Resldcted funds are subject to speclfic condilions by donors or grantors a8 to how they may be used. The
purposes and uses of Ihe re8ltlcted funds are set out in the notes to the financlal statemenls.
1.4 Income
Income15 recognised when Ihe charity Is legally enlllled to it after any performance condltlon8 have been met,
the amounts can b8 measured reliably, and il is probable that income will be received.
Cash donation5 are recognised on receipt. Other donations are recognised once the charily has been notified
of the donation. unless performance condilions require defeffal of the amount. Incom8 tax recoverable in
relallon lo donallons received under Gift Aid or deed5 of covenant Is recognised at the Ilme of the donation.
1,6 Exppndlluro
Expendilure is recognised once there is a legal or conslruclive obligalion to transfer economic benefit lo a
third party. it is probable that a transfer of economic benefits will be required In 5elUemenl. and the amounl of
Ihe obligation can be measured reliably.
Expenditure is Classified by adlvity, The c0515 of each activlty are made up of Ihe lotal of direct cosls and
Sharèd cosls, including support cosls involved in undertaking each activity. Direcl costs allribulable lo a single
activity ar8 allocated directly lo that activily. Shared costs which contribute to more than one activity and
support costs which are not allributable to a single adivity are apporlioned between those activities on a basis
consislenl with the use of resource5. Cenlral staff cosls are allocated on Ihe basis of lime spent, and
depreciation charges are allocated on the portion of Ihe asset's use.

THE MANOUKIAN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollclg5
Icontlnued)
1.6 Cash and ea8h equlvalents
Cash and cash equivalents include cash In hand. d8POSits held at call wilh banks, other short-lerffl liquid
Inveslmenls wilh original maturities of three monlhs orless. and bank overdrafts. Bank overdrafts are Shown
wilhin boffowings in current liabilities.
Baslc flnanclal assets
Basic financial assets, which include debtors and cash and bank balances, a￿ Inilially m8asured at
Iransaclion Price including Iransaclion costs and are subsequently carried at amortlsed cost using the effecllve
interest method unless th8 arrangement constitutes a financing transaclion, where the transaction is
measured al the present value of the fulure receipis discounted at a mafk81 rate of Inleresl. Financial assets
classlfied as receivable wilhin on8 year are not amortised.
Baslc financlal Ilabllltles
Baslc financlal liabili1188. induding CTeditOTS and bank loans are Initially Tecognised al transaction price unless
the ariangemenl conslilules a financing Iransaction, where Ihe debt instrument is measured al the present
value of Ihe future payments dlscounted at a market rate ol interest. Financial liabililies cjassified as payable
withln one year are not amortised.
Debt inslrumenls are subsequently carried al amortised cost. using the effective Intere3t rate melhod.
Trade creditors are obligations to pay for goods or sepiices Ihat have bean acquired in lh8 ordinary course 01
opeTalion8 from suppliers. Amounts payabl8 are classified as Cufrenl li8bili1185 il payment is due wllhin one
year or less. 11 not, they are presented as non-cuffent liabililies. Trade creditors are recognised initially al
transactlon prfce and 8ub$equenlly measured at amortised COBI using the effective inlerest melhod.
Dorecognltlon of financlal Ilabllitlej
Financlal liabililies are dereco9ni5ed when Ihe charills ¢onlractual obligations expire or are dlscharged or
cancelled.
1.7 Employee beneflts
The cost of any unused holiday enlillement is recoanised in the period in which Ihe employee's services are
received.
Termination benefits are recognlsed Immedlalely as an expen58 when the charity Is demonstrably commitled
lo lerminale Ihe employment of an employee or to provide termination benefils.
Incomo from donatlonJJ and lega¢le8
Unre81rl¢tsd Unrestrlct8d
funds
funds
2024
2023
Donalions and gifts
947,461
1.150.360
Gfanls received, included In Ihe above, from CAF Ametlra tolalled £947.461 in 2024 (2023.. £1,150.360).

THE MANOUKIAN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expondlture on charllablo actlvltles
Grants to
Grants to
In811tutlon8 Institutlon8
2024
2023
Dlr8ct C08t8
Grant fundlng ol aclivilies (see note 4)
1,031,925
1,448,181
Sham of 8UPPOrt and govornance costs (see note 5)
Support
Govemance
81,051
2.400
78,837
2,700
1,115.376
1.527,718
Analy81• by fund
Unr8slricled funds
1,115,376
1,527,718
Grants payable
Grants to
Grants to
InBtltutlong InBtitutlons
2024
2023
Grants to instltullons..
Other
988.362
1,438,181
Giants to Indlvlduals
43,563
10,000
10-

THE MANOUKIAN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Grants payable
(Contlnuodl
2024
2023
st Yeghiche Armenian Church Parish
Church property and liability insurance
Aris Nader
Mission Enfance
The Pap8￿el9hI Tnjsl
Loubnaniyoun (Minhall Scholarships)
Kelna 3Ayleh
Chubb- Church FlreAlarm System
Queen Mary College University- Ayushma GuNng
Associalion des Amis des Nouvelles d'ATmenl8
Oriel College
AGBU Armenla
Couvenl Salnl Joseph Jrabla
Oui Lady of Lebanon Church
Royal Opera HoLfse Covenl Garden Foundalion
Association Beirut Bkhelr
Vatche and Tamar Manoukian 8enevo18nt Foundallon
Piinces5 Alice Hospital
The American School in England
The Caring Family Foundation
Chain of Hop8
TO Foundallon
Chronlc Car Centre
Jusl Giving
JEBID (Belrul)
Kayan8 Tambullan Medlcal Treatment
Coc Akdedian- Accofflodalion Vienna
Insllliile for Cancer Vaccines and Immunolherapy
Music in Secondary School Trust
Universilal Vienna
Aclion Innocence
Naked Heart Foundatlon { Switzertand)
40,000
55,009
10,000
11,350
25,000
40,004
81,310
8,489
8,563
21,821
10,000
7,918
15,620
10.000
18.800
94,273
136,527
5.000
15,000
190,000
50.0(MJ
80.397
78.616
50
20,178
40,000
33,889
10,000
11.150
25,000
41,039
80,314
22,380
8,737
10,000
500,000
50,000
83,448
83,340
20,100
6,480
4,5BO
1,000
50,000
6.661
270,525
89.538
1.031,925
1,448,181
11

THE MANOUKIAN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support Costs allocated lo actlvlllas
2024
2023
Staff costs
Professional charg88
Accountancy
Bank charges
Govemance cosls
78.663
1,850
74,111
182
1,980
564
2.700
538
2,400
83,451
79,537
Analy8ed betWO9n;
Grant8 to Instllullons
83,451
79,537
Net movement In fund$
2024
2023
The net movemenl In funds Is slated afler thargingl(credillng):
Fees payable for the Ind8pendenl examinallon of the charlvs flnanclal
slalements
2,400
2,700
Tru8toes
None of the Irustees (or any persons connecled with them) recelved any remuneralion or benefils from the
charlly during the year end8d 31 December 2024 nor for the year ended 31 December 2023.
There were no trustee8' expenses paid for thp year ended 31 December 2024 nof for Ihe year ended 31
December 2023,
Employe08
The average monthly number of employees during the year was:
2024
Number
2023
Numbor
Charitable aclivili85
Employmenl costs
2024
2023
VVag65 and salaries
Social security costs
71,330
7.333
67.330
6.781
78.663
74,111
There were no employees whose annual remuneiation was more than £60,000.
12-

THE MANOUKIAN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Taxatlon
The charity is exempt from laxalion on its activilles because all Ils income is applied for charitab18 purposes.
10 Credltor8: amounts falllng duo wSthln one year
2024
2023
Accruals and deferred income
2,640
5,280
11 Unre8tricted funds
The unrestricted funds of Ihe charity comprise the unexpend8d balances of donatlons and gr8nls whl¢h are
not sublecl to speclfic conditions by donors and grantOTS as lo how they may be used. These include
d6slgnated funds which have been set aside out of unre81ricled funds by the t(ustees for speclfio purposes,
At 1 January
2024
Incomlng R8gource8
rn8ource8
expended
At31
Decembèr
2024
Designated fund
General funds
405,666
24,333
947,461
(1,115,378)
237,751
24,333
429.999
947.461
(1,115,378)
262,084
Prevlous year..
At 1 January
2023
Incomlng
rnsource8
Regourc@g
expended
At31
December
2023
Designated fund
General funds
783,024
24,333
1.150.360
(1,527,718)
405,668
24,333
807,357
1,150,360
(1,527,718)
429,999
Deslgnaled Fund
The designaled fund was established lo meet expenditure relating lo St Yegich8 Afmenlan Church, Cranl8y
Garden5, London SW7. Following furlher discussions with CAF America, the usage of Ihe Fund was
expanded lo include general charitable purposp5.
12 Related party tran3actlons
Th8Fe were no dlsclosable related party transaclions during the year (2023 - non8).
13-

THE MANOUKIAN CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
13 Contlngent Ilabllltles
Income receiv8d in prior years lolalling £1,212,814 wlll need to be repald to th8 donor if future Income levels
are In excess of expenditure. As Ihere is no obligation lo pay except in those specific clrcumstances the
amount has pr8viously been included in incom8 and no provision is made for any potenlial repaymenl of this
afflounl.
14 Ca¥h ab80rbed by oporatlons
2024
2023
Deficit for the year
(167,915)
(377.358)
Movemonts In worklng capltal:
(Decreas8)Iincreas8 In Cfedilor8
(2,640)
480
Ca8h absorbed by operatlon$
(170,555)
(378,878)
15 Anaty818 of chang05 In net fund8
Th8 charily had no material debt during the year.
14-