2024-03-31-accounts

Bedfordshire and Luton Community Foundation REPORT AND FINANCIAL STATEMENTS For the period from I" April 2023 to 31 March 2024 Company Registration Number: 4141953 Charity Registration Number: 1086516 Member of the UK Communlty Foundatlons Network UKCOMMUNITY FOUN DA TIONS GIVING FOR LOCAL GOOD

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 Contents Reference and Administrative Inforn)ation Chairfs report Trustees Report Structure, Governance and Management Objectives for Public Benefrt Ach￿vementS 2022-2023 9-12 13 -14 Financlal Review 14 Investment Policy 15 Risk Management 16-17 Affiliations 17 Future Plans 18 Statement of Directors, Respjnsibilities Report of the Independent Auditor Statement of Financial Activities 19 20-23 24 Balance Sheet 25 Statement of Cash Flows 26 Notes to the Accounts 27-43

Bedfordshire and Luton Community Foundation Annual Report April 2023 - Marrh 2024 Reference and AdministratSve Information Charity Name Bedfordshire and Luton Community Foundation Company Re81strati¢￿ Number 4141953 Charlty R￿l$tratIOn Ntmber 1086516 Registered office & Opeiational Address Enterprise House Wrest P3rk Si1s0e. Beds. MK45 4HS Oirectors and Trustees Susan Hughes Viviane Vay5sieres (retired 31 December 20231 Rory Herbert (resigned 9" May 2024) Judith Barker lan Tayk>r James Western Christopher Collett Lorraine Hughes Iresigned 14 November 20241 AimeeGomez Louise Mackenzie lappointed 7 June 20241 Giles Neoh (appointed 12 June 2024) Honorary Patrons His Grace the Ouke of Bedford Mrs Helen Nellts. Lord Lieutenant of Bedfordshire Mr Geoffrey Farr, MBE. DL Rt Rev Richard Atkinson OBE. Bishop of Bedford CEO Karen Perkins

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 Independent au￿ltor HW Associates Limrted Chartered Actountants Portmill House Portmill Lane Hitchin Herts. SG5 IDJ Principal Bankers National WestmiDSter Bank PLC 41 High Street North Dunstable Bedfordshire LU6 IJU CAF Bank Ltd 25 Kings Hill Avenue King5 Hill West Malli Kent ME19 4JQ Investment Brokers Rathbones Investment Mana8ement CCLA Investment Management Ltd North Wing. City House l Angel Lane 12&130 Hills Road London Cambridge EC4R 3AB CB2 IRE Soli¢it¢ts Taylor Walton Solicrtor5 2844 Ama Street Luton LUI 2PL

Bedfordshire and Luton Community Foundation Annual Rep)rt April 2023 - March 2024 Chairfs Report This Is my first review as Chair, having taken over in January 2024.1 would like to begin by thanking my predecessor. Viviane Vayssieres. for her hard work aNI leadership over the past six years. That BLCF has developed so successfuliy during her tenure reflects her efforts and stewardship. During the last year BLCF has continued to undergo rapid growth and diversbftstion of its funding base. C2reful examination of the need5 of Bedfordshire's communities has enabled the Foundation to respond effectively to the economic and social challenges of the past year. Awards of dose to £4.3million have been made to 266 grantees benefiting over 211k individuals. WOfing with sixteen donors acro55 nineteen funds. includin8 the Luton Citizen Fund and the Stability Fund. Work to ensure that BLCF operates to the hi£he5t standards continues. IT security has been upgraded to comply with best prartice. and we continue develop our focu5 on inequality and diversity through participating in a range of initiatNes to measure our effertpieness and improvement. alongside developing an Equality, Diversity and Inclusion Strategy. To support our ambIt￿n to grow our funds and to diversify our donor base we have recruited to the new post of head of Business Development. vkno will also leèd on Corporate Social Responsibility and Social Value. We have a150 seen a S￿nrfICant increase in grant applications. reflettNe of the growing levels of need in our communities. and we have further strèn8thened the team to manage this throu8h additional recruitment to manage and deliver the work here and free up senior leadership cap￿lty. The BLCF December 23 AGM and Board rneetI￿ marked the term-end for four Trustees. including the Chair. We have been fortunate in securing the Services of five new trustees to take their place, bringing a highly relevant range of skills and experience. which Yll enable the Board to provide effettive support and scrutiny. The trustees have rLYxamined the risk profile of the proposed property purchase. in the li8ht of sues with some of the investment needed, and the Board has decided not to progress this project in its current form, while maintaining 5tron8 SUPPOrt for other approaches to delivering the Charities Hub concept. Highlights of the year have included the BLCF Business Brunch, devised to build on our engagement with Bedfordshire businesses and to offer them support with their CSR and Social Value propositions. Also of note is the work underway to further develop our retationships wtth organisatsons across the County and our developing work with Luton Borough Council land more widely) to build social return on investment into contractual relationships. In CO￿luSion, I would like to thank all involved with BLCF- our patrons and trustees, ourstaff and volunteers for a remarkable year of delNery. We are fortunate to have a team with suth an appetite to see BLCF flourish and grow, and who are all. indimdualfrrf and together, prepared to work so hard to realise our vision and mission. Sue Hughes Chair of Trustees. Bedfordshire ￿ Lvton Community Foundatlon

Bedford5hire and Luton Community Foundation Annual Rep)rt April 2023 - m￿￿h 2024 of the Dlrectors and Tntstees For the ear end" 31 rch 2024 The 8oard and Staff ef BL(F present their report and audited financial statements for the year endin8 31. March 2024. Trustees and Dlrert¢xs The Directors of the company. Bedfordshire and Luton Community R>undation (the Foundation or BLCFI. are its trustees for the purposes of charity law and thro￿Out this report are colleCtNe￿ refeffed to asTru5tees. The Trustee5 who held office during the per￿1 l. April 2023 to 31￿ Marth 2024. and to the date ofsignature of the accounts are listed on page 3. The Company is limited by guarantee and. as such, has no share capitsl. Eath memberfs liability is limited to £10. Structure Governance and Mana ment The Foundation is a charitable company limited by 8uarèntee. incorw)ratsJ on 16fy January 2001 and registered as a charity on 9th May 2CiII. The company was estabf￿hed under a Memorandum of As50tiation which established the objects and powers of the charitable comparry and is governed under its Artlcles of A550Ciation. Trustees meet four times a year and Board meetin85 wor to a standard agenda and detailed reporting system provided by the Chief Executwe ICEOI and enables the 8oard to maintain a consistent approach and understanding of how the team are delivering against the plan. Tru5tee5 are satisfied that this procedure 'ves time for both bu5irE5s matters and open discussion on issues related to the strategic direction of the Foundation. Business is Conducted between Board Meetin8S through executive committees which are responsible for operational stewardship. The executive committees cover Finance. Fund Development and Governance issues. each is led by a Trustee chair who report5 back at each board meeting. A mandatory Impart workshop is an annual event directed by the Chair and CEO bringing together the data and impact information cdlected for the past year through research Completed. grant award infographic data and case studie5, using this to reflect and share learning and infom the future yearfs actNltie5. Focused task and finish groups are convened as required to focus on tsrgeted p￿e5 of Trustee wor suth as developing an EDI Str*egy. Trustees Can appoint specialist advisors to the Board to provide expertise in areas where skills gaps currentty exist or where spe(ifK time l#nited projects require IL Appolntments to the Board of Trustees The B03rd mainLlinS a regular overview ¢)n the spread of knowledge and skills withln the organisatlons governan￿ The Board identifies gap5 in its makeup and seeks to fill these by approaching appropriate identified candidates and by placing advertisements aimed at specific skill sets and gaps. Trustees are recruited through a transparent process by following a recruitment policy which includes an online application proce55 and subsequent interview. The role and responsibilities of Trustees are carefully explained by the chair before applicants are even invited to meet selection panel. The Trustee5 are appointed against role descriptions for the 3 key roles of Trustees. Vice Chair and Chair. These roles are reviewed regularty by the board along with the recruitment process. Trustees undergo an annual Declaration of Interest check and are DBS checked, and skills are regularty audited to identfy strengths and gaps. On joinin& Trustees are iNted by the chair to sit on an executive committee that matche5 their skills. The executive committees include governance. fund d￿elOpment and finance. with tssk-an&finish groups which relate to specific projects that might occui.

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 T￿￿ inductlon and tra￿￿ Once appointed all new Trustees are invrted to a detsiled ind￿tIon meetirg with the chair and CEO, vtho will hi8hli8ht key items from the Articles of Assooation. provKle them viith a synopsis of the strategic plans for the organisation. This included 3 presenLitirJn about the purpose and processes of the foundation and an introduction to key stsff and operational systems as well as trustee role and responsibilities. Trustee Training All Trustees are encouraged to spend time in company of the senior Leadership Team fcomprising the CEO, Head of Impact & Programmes and Head of Business Devek)pmentl and otherstaff members to gain a deeper understanding of the role of the F¢wDdation within the local community. Atrainin8 plan for stsff and trustees is maintained and specific specialist trèining in Grant Panel work is mandatory for all Trustees in line with the Grant Making Policy. delivered by the Foundation's Head of Impart & Programmes. All Trustees are required to attend a panel at least once a year to ensure due diligence processes are followed by the presiding Grant Manager5, ensuring Foundation policies are followed. At least one Trustee is required but two s preferable. when possible. to ensure legacy and ongoing peer team1￿ are maintsined. Copies of appropriate Charity Commission publications a￿ prowded by the Chair to all Twstees before they join, and they cart sign up to the mailing of the UK Community Foundations network for additional information and gurdance. Trustees may be encouraged by the chair to tske a position on a specific UKCF board relevant to their 5ki11s. and to attend the annual UK Community Foundati¢)ns conference. Regular electronic updates are sent to all Trustees outfining Foundation i55ue5 and highlighting national and regional issues that might have an impart on our work. Formal and ￿fOrMal events are organised for trustees and staff to meet. Patrons The Patrons of the Foundation act as honorary ambassadors and their support is much appreciated as we seek to strengthen our profile within the communit￿5 of Bedford5hire and beyond. UK Communlty Foundatlon The Foundation is a member of UK Community FoundatK>n (UKCFI. the national nety￿rk which connects and represents the 47 accredited community foundation5 operating in the UL During 2021-22 the Foundation undenwent a quality accreditstion IQA51 assessment pr(Kess by external as5e550rs appoirited by UKCF and was pleased to be notified that it had gained accreditation which will stay place for 3 years and be supported by a development plan oligned to the foundations new strategic plan. The Foundation has incorporated the feedback and actions identified in QA5 into Its Strategic Delivery Plan to ensure they ale addressed and is starting work to prepare for the planned QA6 durin8 in Spri￿ 2025. Organis*lon The Board of Trustees delegate5 the day to day running of the Foundation to the CEO. ID terms of award Maki￿ the Board has delegated decisw)n-making authority to its awar(ts panels, with the proviso that any award more than £15.0(Kl must be ratrfied at a full B03rd Meeti￿ or ex￿Ptional￿ by mail, following a dear auditable process. The Board has also authorised that awards of under £1.500 can be made on the recommendation of the Head of Impact & Programmes subject to the approval of one Trustee member of the general &vards panel, orof the dornr. The Foundation has 24 volunteers who 5tt on three award making panels. The 8eneral grants panel meets, on average, three times a year to discuss funding applications for its regular programmes and to agree which of these most ¢losety rnat¢h the criteria of the funds available for distriiwtion. In addition. specialist panels

Bedfordshire and Luion Cornmunity Foundation Annual Report April 2023 - March 2024 are convened for programmes where specialist skills from communities or where donor representstion required. The Youth Fund panel. which oversees awards from the Luton Youth Fund. meets twice a year. The Community Investment Fund panel. whith oversees awards from Luton Risin8. meets OTh￿ every threeyears to award 3-year funding agreements. Grant programmes for one off contract are managed either through offering the donor representstion on the General Panel or by presentations on applications at the donorfs Board or Governance Meetings. A Foundation trustee is inmted to sit as an ob5eNer on all panel rneeting5. This ensures that the FOundat￿n 8rants team are compliant with our policies. The Foundation operate5 thro￿ use of secure IT systems to ensure Strong èuthittrail and accountability and due diligence. This include5 our Salesforce CRM system, whith records all donor and grantee engagement SharePoint for our files management security supp)rted by Virtual IT. and a new information architetture structure in place to ensure good proces5 arKI file management is maintsined. Cknline security from LastPass password software. Mimecast email checks and multifactor authentTrcation are mandatory and used to ensure hEhest level of security- Wirtual tr provides an annual cyber security review and Cyber Essentlals certification was awarded in June 2024. The CEO ensures changes and compliance with Th Security system5 are maintained. Trustees are provided with secure access to a BLCF email account. SharePoint ffile acce55 forTrustee minutes and meetin8s infomation and a deital communication channel called Slack to mana8e ur8ent communicatlon and minimise risk of security breac￿$. In earfy 2024 with the arrNal of new trustees we reorghnised the managing of risk to spre￿1 ownership 3cross our Executive Sub Cornmittees to ensure the m05t appropriate scrutiny ?nd reporting into the main Board throu8h our new Risk Register management proce55.

Bedfordshire and Luton Community Foundation Annual Retx)rt April 2023 - March 2024 Obhectlves and Actlvltles undertaken by the Fwndation forthe Publk Bemfft The Foundatk)n's Strategic Plan for 2022-2027 The Foundation has completed the two years of its deli4¢ry. Its vision is to ensure ioctrl Focus. Lostlng Change across the county whilst playing its part in a global context by aligni￿ its Wofk to UN Sustainable Development Goals. The Foundation ensures delivery of this work is set within the strategic context of its partners, funders. and stskeholders. Delivery ￿ managed and maintained through a Delivery Plan developed to ensure it deliver5 impact. and that it contributes to the landscape Of support available for the voluntsry and charity sector in Bedfordshife. Its work is measured thro￿ clearly agreed deliverabbes and targets and reported at the Board meetiryd through a CEO Reportl Progress Reiyyt. Our W15ion We want a Bedford5hire which is thri¥in& collaboratbve and indusive-where there 15 Opportunity for all and the lives of the most disadvantaged have been transformed through innovative, communty-based solutions. Our Mission Our mission is to be a ¢atstyst for positive social thary in the county by ¢onnerting people, ideas. resouros nd needs to make a lastirg difference in Bedfor(tshire. OurValue5 A new set of values has been developed by the operational team. Reathy to Challenge- enabling us to excel. our partners to have impact. our communities to work togetherand for all to help shift the balance ofpowerthroughthevalue ofourdata, insght. and knowledge. Deliver Lastlng we use influence to make thange happen that 15 long lasting and Impactful for our community partners and individuals. Embraceopportunlties-we have an appetite to take calculated risks to ensure ourown and the charity sectors sustsinability and to help us grow and explore new opportunities. Always Accountable - we are trusted by our partners. our funders and the people of Bedfordshire. We understand the needs of the communities and build that knowledge through relationships. built on tsirness, equality. and transparency. Local Focused - we value our local 'plao based. knowledge and expertise gained through our connections and networks ensuring our wider geographic reath. Ever Curious- to bYOW our understanding of bcal need through our collertive curiosity and Strive to 31ways understand and be infomied of the eVerchangI￿ needs we aim to address. Hlghly Skllled- We are a skilled and passionate teèm working within quality standards and growing our reputstion, experience, and professional development. Refiect and represent - the communities we serve and draw on our lived experiences to inform our woth and seen in the makeup of our staff teams. volunteers. panels members and Trustees. Our Roje: As a grant maker. en5urin8 effective grants which meet donorfs charitable interests and address the communivs changing needs As a philanthropic advisor. offering infomiation and advice whith helps donors achbeve their objertwes and improve the community As a community leader. stimulatin8 community dialo8ue and decision makin8 which help define common 8oa15 and 50fve crucial problems. The objects forwhich the Charitywas established are set out in Dur Memorandum ofAssociation and Articles of Association -

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 l. the promotion of any charitsble purposes for the benefit of the community in the geographic county of Bedfordshire arKI in particular the advancement of education the protection of good health both mental and physical and the relief of poverty and sickness. other exclusively charitsble purposes in the United KiNddom and elsewhere which are in the opinion of the Trustees beneficial to the community induding those in the area of benefit. There are no specific restriction5 on the operation5 of the Charity. but it is intended that the greatest proportion of monies will be spent in the geographic county of Bedford5hire. Two of our donors ask that we make awards within parts of Hertford5hire and Buckin8hamshire on occasion. and we link with the Hertfordshire and Buckinghamshire Community Foundations to support this process if necessary. A summary of restrictions and inve51ment powers is laid out in the Governing Document. The Bedf¢rdshire arHI Luton Community Foundation is dedicated to improving the quafty of Community frfe of the people in the county of Bedfordshire. including Luton. and in particular of those in special need by reason of disability, age. financial or another di53dwantsge. Our priority area5 of need have been identified through c105e workin8 With INsIGF￿ oursmal tharities forum and are: To eradicate poverty in our county To create a healthy Bedfordshire To grow stronger communitbes The Foundation is further committed. through its new Strategic Plan to reviewing and implement three Goklen Threads which wll be addressed through its operational worK its advice and the Services provided. These include l. Addressing inequality acr055 all protected tharacteristiCS 2. Li5tenin8 and leaming frorn our community partners 3. Contributing to addressing the Climate Crisis In earty summer of 2023. the foundation repeated the 2017 research work called vital Sign5. Thi5 is a tool kit developed in Canada Community Foundations and used w￿elY across Community Foundation network. The findings of vitsl Slgns 2023 will be revIev￿d and share with donors. partners and stakeholders and used to inform and shape ongoing Strategic plan and its delivery. Toward the end of 2023 we also published out first Annual Rep(Kt 2023 which showed to 311 the breadth and depth of our work and Identif￿ the often unseen sUPPOrt we provide to the VCSE sector and our partners. Critical to the FoundatK*n's operational sustsinability has been to diversify its funding and reduce relian and therefore the risk of a single d(￿Or contributing a13rge amount to the running of the charity- Over the last 12 months the foundation's grants income has grown and diversified further through working with 16 donors across 19 funds and in new CSR partnerships. The foundation has awarded £4,169,605 through 266 grants awarded following review of 514 applications. This represents a 51% success rate and has benefited 211,300 people. This increased amount was due to the allocation of Community Inve5trnent Funding. In 2023-24 the fund moved to a 3-year award and a single panel t¢)ok place to a8reed 3 years of funding. 10

Bedfordshire and Luton Community Foundation Almual Report April 2023 - March 2024 Our priorities are Managing an effective grants programme which distributes funds to charitEs. voluntary and community organwtions whith meet the Foundation's criteria, and the criteria set by Funders. and are aligned to a tlear understandiw of the needs of our communities. Increasing the endowment and revenue funds under management by providing flexible, donor-centred management semces and ￿ retaining existing donors and attracti￿ new ones to diversify and derisk our operational costs. Ensuring that all levels of the organisation operate to the highest level ènd that remain infornied and connerted to our donors. partners and stakeholde To listen. learn. adapt and change to align with need. through strong link5 to our communities thrO￿h our networL peer learning and partnership work, $0 that our work has ma¥imum impact. Publlc Benefft The Board specifically ensures that its work meetsthe Charity Commission requirew*nt to consider each year whether the work carried out bs of public benefit and tests this by looking at the kyojects we fund. the issue5 that these addre55 and the outcomes that we can see. Each application for fundin8 is assessed to ensure that it meets our Public Benefit checklist. Whilst we know that the al)ove issues cannot be wl¥ed ovemight, the board of Trustees and staff are dedicated to to making a difference in these areas. We have established grant programme5 to try and tackbe these themes through 19 funds we hfft delNered in 2023124 including: Community Trust Fund. Community Investment Fund13 yrs), Small Grants Pro8ramme. Luton Youth Fund {2yrs) Near Neighbours Fund. Greener Futures Fund The Stability Fund. Luton Citizens Fund. Whitbread Chairrnan5 Fund Community Recovery Fund. Luton Collaboration Fund, Bedfordshire Cultural Support Fund. Central Bedfordshire Mentsl Health Collaboration Fund, Wilkes Ams Fund Marmot Town Equity Prize LuDun Fund OPCC Safer Streets 5 Fund Frank 8ranston Fund Evofve Social EntrepreneurAward Various Corporate Social Responsibility {CSRI prograrnmes Supporting group5 and communities who face discrimination and barriers to accessing support continues to be our priority. Through our better understaryling of need the Foundation has been able to sign up to the FREA IFunders for Race Equalitie5 ￿lIanCe) and IVAR5 (Irstitute of Voluntary ACt￿n Research) Open and Trusted Gront Making Principles to address inequality. The Foundation joined the BAOBAB inequity network and vrds a foundlng member of Luton's Faimess Taskforce. Data on the impact of our WO￿ on 11

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 diversity and ratial inequity for 2022-23 wa% published in summer 2024 and we reported an improvement in supporting groups whose mission ènd purpose is to work with specifi¢ communities experiencin8 ratial inequity. with 36% of grants meeting these criteria compared to the national average of 24%. We have also kept on track with our per￿ntage of grants awarded to groups led by representatives of the communities they serve Idefined as 50% of management znd 75% of the boardl at 34% of our grantees. which is up 1% from ¢ur 2021-2022 dats. The percentage of our grants awarded to groups led by people who h￿e experienced racial inequality stsnds at 36% against a national average of 24%. ènd we have scored well on grants designed to benefit communities experiencing racial inequity. with 40% of our grdnts going to applicants who are doing work with specific community focus compared to a national average of 27%. Data for 2023-24 is to be reported in 2025. We were part of 2023124 cohort that completed the Foundatw)n Practice Rati￿. We achieved a very positNe overall rating of B however we scored k¢wer on rfiversity la C ratir¢l and have therefore started wor* to develop our own EDI Strategy to understand and share data on our work to address inequity through our grant makin& staff and Trustee recruitment and partnetship work. We have recruited a new Trustee with expertise in thi5 area to ensure Strategic ownership of the work. In 2023-24 we worked hard to adapt to the needs of our Communit￿ and break dovm barriers to accessing our funding. For example, in the last 3 years we have delivered l. Three rounds of Luton Citizens Fund-aimed at reathing all wards in Luton with a fast-tr￿k option forgroups who face b¥riers to a¢ce5sing fvnding. In total we awarded £527,940 to 153 applicants with. potentialty. 52.440 beneficiaries 2. Bedfordshire Community Support Fund (Windrush fund). We tsrgeted grassroots groups and supported the process of application writing. In totsl we awarded for £44.853 to 10 group5 and 7075 beneficiaries. 3. 3 rounds ofthe stsbility Fund- to support core work of charities who en8age with those with highest levels of needs al￿ who fa￿ inequity. In total we have awarded £875,472 to 36 groups with 55.554 beneficiaries The Foundation continues to diversify its donor portfolio and grant programmes as part of ts long-terni sustainability. Endovments and legacEs rem3in a focus, but this is a slow process and $0 more work will be done over the coming year. For the past year we have worked closety with experts at UKCF to explore dormant funds and rewtalise trust programmes, working with Charities Comrntssion and DCMS to untock charitable investments and repurpose them into grant making. Some of thts work has seen earfy opportunities to deltverErants for other organisations as a means to build trust and grow a relationship that can in future be explored as an endcwment to the foundation or as match funding opportunitie5. During 2023-24 Trustees and CEO were working to identify and secure acquisition of a freehold property to act as an investment ar￿ a new home for BLCF. During this year we secured 2 external grants to help shape this work. A Vlablllty Grnnt of £7.LWXI from Architertural Heritage Fund to explore the viability of the conservation defficit woposal for the project a grant of £15.(K)Ofrom The Reath Fund wh￿h is supported by Charity Bank and was used to explore the market potential of the Pfoject and bvild a case for investment. A change of Chair in January 2024, and the recruitment of five new Trustees brought about a risk review of the investment in this project, and challenges over the release of our endowment to SUPF)Ort the acquisition of the sile was felt to indicate a higher risk than initially thought. As a result, the decision was made to halt the projert for the time being to rethink its appropriateness arsd explore other ways to deliver the ￿rne outcome. 12

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 Achievements 2023-24 The year has seen the Foun(ktion complete the second year of our new Stwategic Plan with 9￿ of our priority actions agreed for 2023-24 underway or completed. The Senior Leadership Team are now working on a process to review the strategic plan in year three to ensure it still meets the needs of the Foundation and the CEO will work with Trustees as part of this rewew in the autumn of 2024. Successes and key work delivered in the last 12 months include: Completed recruitment of addltional personnel to the te3m, including a new Senior Grants Manager and an additional Grants Manager to bring more Ca￿lty to the 8rowing portfolio of our WOTk. In addition, we entered into a fiexible contrèct with two freelance Grants Assessors who have been trained in working in the county and with our systems and provide flexible and ready support for peak5 in assessment work. In turn this extra capacity aims to release the Head of Impact & Programmes from day-to-day delivery and fo£￿$ on data and impact work and the development of new models for delivery and growth. In addition, we su¢¢essful appointed our Head of Business Develownent to bring much needed capactty to grow our CSR and social value work and to Increase enga8ement and partnership with local businesses. Trustee changes include the resignation of 4 Trustees includin8 the Chair. whose term had ended. In turn five new Trustees were appointed with skills around finance. investment, legal and HR. And a full skills autht in now underway. We started work on the upgr* of our $3lesforce CRM system as part of a Community Foundations Network upgrade project called t¥TA that will upgrade and personali5e ow system by the end of 2024. We have attended 15 Communlty and BUSY￿ networft events in the last year i￿lUding the development and iaunth of our own first Business Brunch. Whe￿ we shared our model for supporting local businesses. CSR and social Value work. 60 people signed up and 47 attended and three positive new opportunities for grant makirg came from this. The event will develop based on our leaming and become an annual feature in our c31endar. We secured a new four-y Contract for worf( wlth Luton Rlsln8 and a transformation of the programme based on our learning from the past three years, including need for multiyear grant5 and greater focus on monitoring dats and impact reporting to drNe investment. We also secured a further three years of fvnding wtth London Luton Alrport ILLA) and togetherthis boosted our going contrrn status by woviding long temi securtty for our finances. We piloted a new partnership with Steel Trust and Amateurs Tn￿. delivering pots of regular funds into programmes to secure the fvture of our VCSE partners (Stability Fund). The decision was made to dose the Evolve Membershlp project and to move the current balance of Mark West Fund back into the control of the Foundation's grant making team and reposition it as an ongoing bursary programme with the fomer EVOLVE Board acting as a 8rant panel for future awaTds. With our new Head of Business Development. we have built a pIpe￿fie of 31 CSR business prospects of which ts¥o are already in the later stages of agreement and dellvery has alrea stsrted with one other. while several more appear real prospects. We have stsrted work to shape a new Social Value proposition for Luton Council's procurement team, to offer companies tendering for contracts a rneaningful way to support communities in line with the Social Value Act. This wtential traded offer will advise, support and even write th￿r 50ckil value proposttion as part of the tender process. In addition, we have started work with Luton Council. LLA and Luton Rising to connect in this area and to explore vrdys ol demonstrating their Sorial Retum on Inve5tnwit (SROI) from their work. We have fvrther diversified our donor relationship through workin8 With new partners including the Office of Pollce Crime Comntsloner {OPCCI. the NHS Public health team in Central Bedfordshire and developing a new partnership bmth Bedlord Borough Council. 13

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 We have delivered £4,169.605 d yants across 266 ￿3rd$ made following 514 applicatlons Iso 3 51% success r*e). benefiting an estimated 211.300 Indlvlduals. Flnanclal Revlew For Companies Act purposes the profrtl(lossl for the year (excluding the net movement of Endowment Funds) wa5 2024 £323.84312023:1£458,8CK)11. The principal funders dWI￿the year We￿ as follow5: Luton Rising London Luton Airport Operotions Ltd Luton 8orough Council Centrol 8edford5hire Council All other fun(ts come from a spread of sources. The balance of unrestricted funds increased to £484,607 The tn￿tee$ have designated an element of unrestricted funds to a property reseTve, whilst ensurtng that the ￿serveS policybelow 15 maintained. At the 314March 2024 the property reser4Te amounted to £210,910. The chief S¢)Ur￿ of restrirted funds awailable to the FourKlation are derived from the Luton Rlsing projects. These funds a￿ not kept by the Foundation but are drawn down on a quarterfy basis. Restricted funds increased by £233,771 to £1538.093. The endowed fund5, hekl in a separate account increased by £105.257 and were valued at £1,715,334 as of 31 Mard) 2024 with investment income or an agreed percenta8e of the fund value being transferred to our award making accounts. The trustees are confident that the Foundation can continue to meet its liabilities as they fall due for the foreseeable future and that the accounts should be prepared on a going concern basis. ReseNes Pollcy The Trustees consider it prudent to maintain an appropriate level of unrestrKted reserves. Such reserves could from timeto time be required to avoid any diSrupt￿ntO the charttable work, given that by their nature. certain sources of income are erratic and diffKult to forecast. The optimal level of reserves is considered to be the equiv3lent of six months of aikninistratt¥e expenditure. This s revifftved annually at a Trustees meetin8. At the end of the year £231,811w35 held in reserves. Remunerntlon Policy The Foundation operates a remuneration policy vthereby an annual percentagÈ award is considered for all directly employed staff. from 1st April each year. and that the individual percentage be so calculated to include.. 31 Personal perfomianre of the Employee. during the year and a55es5 through the annual appraisal. bl The Financial perforn)ance of the Foundation during the year- and CI C05t of limng and inflation response benchmarked alorgside the offer of other Community Foundations through the UKCF network In addition, we entered into a contract with WPA health to offer a NHS Top Up beneffts package to all paid staff which was adopted in sept 2023 at a cost of £1.218 14

Bedfordshire and Luton Community Foundation Annual Rep)rt April 2023 - March 2024 The average employee headcount during the financial year was 7 plus contracted freelance support from 4 external bodies procured through a new Procurement Policy to support development aNI delrvery ofthe new Str3te8ic Plan. Thi5 induded finance management. executive sUPPOrt services and Ma￿eting provision. One employee earned more than £60,0￿. and the totsl remuneration paid to key mana8ement personnel during the year wa5 £72,09212023: £66.5441. Investment Poll¢y arnl Performance The Board discusses the investment strategy each year. In the year ending 31st March 2024. funds were maintained partly with National Westminster Bank and higher interest-bearing accounts with CCLA investment management Itd in thwr COIF Deposit AccounL The endowment is managed by Rathbones Investment for active Idiscretionary) management and CCLA Investment Mana8ement Itd. Regular reports are re￿iVed from these investors abyl Trustees can meet with Rathbones to discu55 investment prartices. CCLA investment is managed by a committee fonned of UKCF staff and Trustees. Investment Obiecbves The trustees have a reSpO￿lbIlIty to invest and mana8e the Foundatim's funds safety and professionally paying due attention to risk whilst. at the same time, maximi5in8 the return on the funds invested. The trustees have dedared the followin8 objectives: Income should be maintained in real terms to maximise the income available for the Foundation's primary objective. the provision of grants. This will also provide the liquidity necessary for payment ofgrants durin8 each kn"nancial year. The cèpttal value of the invested funds shall be maintsined at least in line with inflation over time but re¢ognizing that there will be short term fluctuations due to market perfom)ance. A reasonable balance between short-term income and long-term preservation of the real value of the fund5 held shall be estsblished and maintained Investsnent Performance Investment performance is reviewed quarterly by an executive committee. with involvement of finanaal professionals and based upon the fomal Quarterly performance reports fr¢Th R3thbones. Overall, the performance is considered satisfartory and in line with Investment Objectives. Speofically. the overall value of investments has increased over the period. lrnrestmènt in property Durlng the year the Trustees investigated optN)ns to repurpose endOW￿t$ into the purchase of a property for Its redevek)pment into a Charity Hub. The model was to create a place for small charities to access below market affordable offKe space and in turn support from the foundations team to build their 5U5tainabilitv. The benefit for the foundation was a new home and redLKed relian￿ on rental accommodation and also to 8row an asset on the balance sheet to support any future risks to income. As discussed. a heritage site in priority place (Lutonl was identified and work done through legai. survey and professional advice to establish 15

Bedfordshire and Luton Cornmunity Foundation Annual Report April 2023 - March 2024 a conseThation def￿￿t calculation thatwould enable a heritage grant to be secured from the National Lottery Heritage Fund. The Trustees looked at ways to release our investment to Use for the purchase, however caveats round use of the CCLA Comrnunity First prevented access of the main parts of our investment and the Rathbones investment, whilst not working hard for the foundation, was Ilmited due to the foundations inability to gain support from one of the endowments largest contributor vlhich if it had gone ahead. could have caused damage to a long term relationship. As a result, trustees recognised an increased risked and agreed to halt the development projert. R15k rnana8ement The Board of Trustees has overall responsibility for rtsk management to ensure that the Foundation is not exposed to any major risks and that its governance procedures are such that any risks ère able to be mitigated. They review a full risk Register at the startof the yearthat is developedwithTrustees and managed by the operational team lead by the CEO. It scores all risks using a RAG rating and then the top'Red' risks and many major movements are reported to each Board meeting for monitoring. Ri5kownership is shared across 3 executrve sub committees who lead on speafic areas of risk and report centrally to the Board. All financial and employment legislation issues are being man4ed as appropriate to the size of the org3ntsat￿n and the Board 15 kept fulty advised of any necessary artion. The FoundatKJll is accrecfited under the UK Community Foun(ktions -Quality Assurance" scheme. The renewal accreditstion process was completed n April 2021 and confirniatiDn re￿iVed in Ortober 2021 that it had been awarded for a further 3 years. In late 2024 work is set to start in QA6. The trustees have identi￿d the following kry 'Red risks for the organisation aloThd With the mitigating artions to be uNlert3ken.' otenlial Rlsk of major flow through undlng Streams leading to inabilty to over our operating costs itigatlng Artion5 reation of an ongoing and sustained Fund Development Plan 2018-28 to ecure income to cover core costs with mixed income model r8￿n8 review of endowments growth Worki￿ with UKCF/ Charitie5 ommission/ DCME 5UPPOrt to grow core financial support. New Comms strategy to promote our work and impart to new funders and ndowment opportunities. lose working with UKCF to maximise opportunities to access nat￿n31 fundin rogramme. Networked team of senior staff and ￿0 to ensure opportunities are eveloped including new focus on CSR through prospecting and new Buslness Brunch BLCF network event i5prowtlonate impart Luton Rlslng fvndl￿- n operational costs eading to unstable funding icture 55 of reputation as a rusted Grant Maker- ecured new 4- arK] 3-year contract with Luton Rising {LLOLI and London Luton Airport ILLAI. Diveryfication of donors and fundersecured 19 funds in 023-24 through 16 partnership5 ffective govemance and review of systems and policies by Governance ommittee. 16

Bedfordshire and Luton Community Foundation Annual Report April ?023 - March 2024 causes funders to leave us nd applications to reduce ollow up all cornplaints within 5 days in line with complaints procedure. espond within an agreed time period tg queries from donorslapplicants etc ighly trained stsff and trustees making assessments and decisions on Grants ndependent grant panels membership which is diverse and reflect whole ounty Regular communication and peer learni￿ with grantees and attendance at ey strategic partnership meetings and board to maintain awareness of BLCF nd the work offered. ck of awareness of the ork of BLCF- leading to ack of Investments mproved relationship with IA'S and funding partners to see us as 'Bo to. rganisatton forgrant making induding new contracts with Bedford and ntral Bedfordshire Councils. OPCC and NHS roxtively raise profile and credibility via social media and new website hanges ew approath to businesses under CSR to do targeted campaigns with 31 ew CSR prospects in development argeted messaging and data mining to ensure stsff have tools to explain hat we do to partners and funders espond wtthin an agreed time period to qL4eries from donors/applitants etc nual irnpart think tanv day with stsff and trustees to understsnd our trategic direction and learn from past work and inforrn future campa￿n$ and wareness raisin8 By the end of the year only I remained red whith relates to the impact of the one major donor Luton Risin& although the contribution to the charitys income from this reduced in this financial yearfrom 59% to 56% of total income and a diversification of ttre fundi￿ plan ￿ place through a signifKant Fund development Plan to address this. Affillations The Foundation remains affiliated to the UK Community Foundations Network IUKCFI to whom we pay an annual fee. UKCF keeps us in contartwrth other Foundations. offers trainingand support and runs the qUa￿ty Mark scheme. Also, membership of the Association of CharTtable Foundations IACFI further provKles traini advise and benchmarking services supporL In addition. close links are rnaintained wrth local Counul for Voluntary Service sectororganisations, the Rural Communities Charity. Learning Partnership, and local and regional Government via a range of consultative pane15 and a regular log of netwo￿*ng into communityforums is maintained and delegated and shared across the operational team ensuring correct level of information and expertise is prowded. All network learnlng and research is shared across the organisation to inform understanding of need and how we deliver our priorities. In the year 2023-24we have grown ournetworks sEnificantlywidening our reach and partnership5 across all the county. The CEO and Senior Leadership Team sit on clo strategic boards and use this to understand need. promote our work and connect with partners priorities to shape our offer. 17

Bedfor￿h1re and Luton Communily Foundation Annual Report April 2023 - MaTch 2024 Future plans The new Foundation, Strat￿C Business Plan 2022-27, sets out overall aims for the next three years and in under review in 2024. These are linked directy to the three key objectives set out in the past strategic plan. This plan shows the development of a new direction for the Foundation and will deliver 4 key Outcomes: Our Priorlty Outcome l is to- Wklen Our Reuch- to grow to be the 'go to, grant maker working with and for our partners to ensure we deliver the greatest impact across the county through our grant programmes. Building a relationship of trust. openness, and transparency. Our Priority Outcome 2 is to- Llstrn, Leom. Adapt ond Chonge- to address the needs of the communitie5 we support and respond thro￿ our initiatives and wogrammes stsmpbn8 Out inequality. Our Prlorlty Outcome 3 is to- Olftrexcellence- thro￿ our methods. models. systems, and team to provide exemplary seNice that 15 transparent and valued. Our Prlorlty Outcome 4 is to-svstoln gniw, thrfbr- to ensure a strong sustainable future for the Foundation and therefore the VSCE sector through our long-tem ethical developments, investments. growth, and strategic partnerships. 18

Bedfordshire and Luton Community Foundation AnnuaL Report April 2023 - March 2024 ststement ot Dlre(tor< ReSp￿sibIlItIeS Cornpany law requires the Directors to prepare finarKial statements foreach financial yeèrwhich gNe a true nd fair view of the State of affairs of the Cornpany and of the income and expenditure of the Company for that period. In preparing tlv)se financial statements, the directors are required to: Sdect suitable accounting policies and then appty them consistently. Make judgements and estimates that are reasonable and prudent. Observe the methods and principles in the Charities SORP. State whether applicable UK Accounting Standards have been followed, subjett to ary material departures disdosed and explained in the financbal ststernents; and Prepare the financial statements on the going conwn basis unless it is inapprowiate to presume that the Company wll continue in business. TPte directors are responsible for maintaining proper accountire records which disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the finanaal ststements comply wth the Companies Act 2006. They are also responsib￿ for safeguarding the assets of the Compary and hence for tsking reasonable step5 for the prevention and detection of fraud and other irrègularities. So far as the directors are aware, there 15 Tr) rethnt audit infomation ofwhich the Cornparfs auditors are unaware and we have taken all the steps that we o￿t to have Liken as dirertors in order to make (￿rSelveS aware of any relevant audit information and to establish that the Companws auditors are aware of that information. This report has been prepared in accordance with the provision5 applicable to companies entitled to the small cornpanies. exemption. S H¥hes Chalr of Trustees 19

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 IndepebKlent Auditorfs Report tothe Members ol Bedfordshire and Luton Community Foundatlon Opinion We have audited the financial statements of Bedfordshire and Luton Community Foundation Ithe charital￿e company) fortheyearended 31 Marth 2024which c(￿priSe thestatement of financial activities {incorporating an income and expenditure account), the balance sheet. cash flow statement and notes to the financial ststements, incluthng a summary of g8nifKant accounting policies. The financial reportin8 framework that has been applied in their preparation is appficable law and United Kingdom Accounting Standards, including the Financial Reportir8 Standard 102 Tr Financial Reporting Standard applicable in the UK and Republic of Irelanrf (United KiThddom Generally Accepted Accountin8 Practice)- In our opinion, the financial statements.. Bive a true and fair view of the state of the charitsble compan￿5 affairs as at 31 March 2024 and of its incoming resource5 and applKètion of resources for the year then ended: have been properly prepared in accordance with United Kin8dom Generally Accepted Accountir Prartice- have been prepared in accordance with the requffements of the Companies Act 2QN)6. Basb5 for oplnion We condurted our audit in accordance with International Stsndards on Auditing IUKI 11SAs (UKI and applicable law. Our responsibilities under those stsndards are further described in the Auditorfs responsibilities for the audit of the financbal statements Section of our report. We 3re independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial ststements in the UK. includingthe FRCS Ethical Stsndard, and have fulfilled our other ethic31 responsibilttles in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and apprOPr￿te to provide a basis for our opinion. Conduslons relatlngto gui￿ con¢em In auditing the financial ststements, we have concluded that the trustees. use of the going concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed. we have not identified any rnzterial uncertainties relating to events or condttions that, individually or collertively, may cast significant doubt on the charitable companls ability to continue as a goin8 concern for a per￿d of at leost 12 months from when the financial Statements are authorised for issue. Our responsibilities and the responsibifities of the trustee5 Tmth respect to going toncem are described in the relevant sections of this report. Other information The other infomi3tion comprises the inforniation induded in the trustees. annual reprt other than the financial statements aThl our auditorfs report thereon. The trustees are responsible for the other information contained within the trustees. annual report. Our opinion on the financial sLitements does not cover the other inforrnation and, except to the extent otherwise explicitly staled in our report, we do not express any fom of assurance conclusion thereon. Our responsibility is to read the other infom)ation and, in doingso. considerwhether the other inforMat￿n 20

Bedfordshire and Luton Community Foundation Annual Repjrt April 2023 - March 2024 is materially incons1Stent with the financial statements, or our knowledge obtsined in the course of the audit, or otherwise appears to be materially misststed. Jf we identify such material inconsistencies or apparent material misststements, we a￿ required to determine whether there gives rise to a material misststement in the finanoal statements thernSe￿. M. based on the work we have perfomied. we conclude that there Trs è material misstatement of thts other infomiation. we are required to report that fart. We have nothin8 to report in thi5 regard. Opinion5 on other matters wes¢ribed by the Companles Art 2C In our opinion, based on the work undertaken in the course of the audiL the infomation given in the trustee5' report. whth induded the dirertors. report prepared for the purposes of company law. for the financial year for which the financial statements are rrfepared is consistent with the financial statements- and the directorf report induded within the trustees. report has been prepared in accordance with applicable legal requiremen Matters on whlth we are requbred to report lry exceptM)n In the light of the know5edge and understanding of the d￿rity and its environment obtained in the course of the audit. we have not identrfied material rnisststements in the trustees. report. We have nothing to report in respect of the following matters in relation to whKh the Companies Act 2006 requires us to report to you rf. in our opinion: adequate and proper accounting records have not been kepL or retums adequate for our audit have not been received from branches not V15fted by us: or the financial statements are not in agreement with the accountivvd records and returns: or certain disclosure5 of trustees. remuneration specffied by law are not made: Dr we have not received all the inforMat￿n and expEanations we require forour audit: or the trustees were not entitled to prepare the financial statements in accordance with the small companie5, regime and tske advanta8e of the small companies, exemptions in preparing the trustees, report and from the requirement to prepare a strate8ic report. Responsibilities of trustees As explained more fully in the trustees, responsibilities statement the trustees {who are also the director5 of the charitsble company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the trustees determine is necessary to enable the weparation of financial statements that are free from material mlsstatement. whether due to fraud or error. In preparing the financial ststements, the trustees are reS￿nsible for asse55ing the chartsble companrfs ability to continue as a 8oing concern, disclosi￿ as applicable, matters related to going concern and using the going concem basis of accounting unless the trustees either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so. Awlitorf5 responslbllltles forthe audit of the financial ststem Our objectives are to obLiin reasonable assurance about whethef the financial statements as a whole are free from material misstatement. whether due to fraud or error. and to issue an auditorfs repcrt that 21

BedfoTdshire and Luton Community Foundation Annual Rewrt April 2023 - March 2024 inc[￿leS our opinion. Reasonable asswance is a h8h level of assurance but 15 not a guarantee that an audit conducted in accordance with ISAS IUKI will always detert a material mi55tatement when it exists. Misstatements can arise from fraud or error and are considered material if. indrvidually or in the aggregate. they could reasonably be expected to infiuence the ecoMmi¢ dec6ions of user5 tsken on the basis of these financial statements. Irregularities, incl(Kling fraud. are instsnces of non<om ￿lan￿ with laws ar￿ re8ulations. We design pr¢xedures in line with our responsibilitie5. Outlined above. to detect materlal M￿Staternents in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularitie5, ￿ detailed bel￿1. The extent towhich the awllt was consldered capable of detectiry kregulxities Includlng fraud In identifying and assessi￿the risks of material misstatement in respectof irregularities. induding fraud and non-compliance with laws and regulations. we considered the followi The nature of the industry and sector. control environment 3nd business perfonnance including the desien of the rernunerat￿n kK)licies. key drivers for trustee iernuneiation. bonu5 levels and performance targets: results of our enquiries of Man38ement about their own identification and assessment of the risks of irregularities,. any matters we identffieil having obtained and re4iew the charitsble cornparfs doCuMentat￿n of their poliae5 and protedures relating to. Identifyi￿ evaluati￿% and comptying with law5 and re8ulath)n and whether they were aware of any in5tsnces of non-compliance; deterting and responding to the risks of fraud and whether they have knowledge of any actual. susperted or alleged fraud: the internal controls established to mitigate risk5 of fraud or non-compliance wth laws and regulations: the matters discussed amongthe audit engagement team re8ardin8 how and where fraud rnlght occur in the financial statements and any kM)tential indicators of fraud. As a result of these procedures. we corfjidered the OPFM)rtunitrs and incentives that may exist within the organisation for fraud. Sn common with all audits under ISAS {UKI. we are also required to perform specifK procedures to respond to the risk of management override. We also obtained an understandir8 of the legal and regulatory frameworks that the charitable company operates in, focusing on prow5ions of those laws and regulations that had a direct effect on the detemilnatKJn of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companles Act. In addition. we considered provisiorLS of other laws aThJ re8ulations that do not have o dirert effect on the financial statements but cornpliance with which may be fvndamentsl to the companvs ability to operate or to avo￿ a material penalty. These induded the Employment law. 22

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 Audlt response to risks identified To address the risk of fraud through managernent bias and overrtde of controls. we: perfomed anatytical procedures to identify any unusual or unexpected relationships. tested journal entries to identify unusual transact1¢y￿- a5ses5ed whetherjudgernents and assumptions made in detem)inire the accounting estimates were indicative of potential bia5- and investigated the rationale behind significant or unusual transKtiOTh5. In response to the risk of irregularities and non-compliance with laws and regulations. we designed procedures which inclth4ed, but were not limited to= agreeing financial statement disclosures to undertying supporting documentation: reading the minutes of meetings of those tharged with governance: and enquiring of management as to actual and p)tential litigation and claim& There are inherent limrtations in our audit wocedures described above. The more removed that laws and regulations are from financial transècth)ns. the less likely it is that we would become aware of non-compliance. Auditing standards also IKnit the audit procedu￿$ ￿qUired to identify non- ¢ompliance with laws and regulations to enquiry of the directors and other monagement and the inspection of regulatory and legal correspondence. if any. Material mi55tatements that arise due to fraud can be harder to detect than th95e that arise from error as they rnay inw)Ive deliberate concealment or collusion. A further description of our responsibilities is available on the Finanual Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This desuiption forms part of our auditorf5 repofL Use ot our report This report is made solely to the charitable compan(s members. as a EM)(ty. in accordance wrth Chapter 3 of Part 16 of the Companies Act 2CKJ6. Our audit work has been undertaken so that we might state to the charitsble compan￿$ members those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law. we do not Kcept or assume responsibility to anyone other than the charitsble company and the charitsble companvs member5 as body. for our audit work. for this report orfor the opinions we have forrned. Mark Hjertzen BA FCA (Senior Statutory Auditor) For and on behalf of HW A550ciates timited ate: oz* Portmill House Portmill Lane Hitchin Herts, SGS IOJ Chartered Accountants Statutory Auditor 23

Bedfordshire and Luton Community Foundation Annual Rew)rt April 2023 - Marth 2024 Bedfordshire and Luton Commun" Foundation Statement of Finantial Artivlties includin income and ex forthe ear ended 31" March 2024 enditure account RestrKred Urwestiirted Total Y￿r en¢d 2013 tel Inc(¥ne ander￿0Wmtfftts Donat￿n$ and legac￿5 Charitabte actsvites Investments 1.865 4.380,407 610 5,702 340,312 85.799 42.415 474,228 7,567 4,720.719 131.656 42,415 4.902.357 7.774 4.294,798 60,851 19,645 45247 Totsl i￿01￿ 45247 Expendltwe ott: Ra￿￿K¥und$ Charitable ac1w￿￿eS 5,557 IKI,264 241,546 185.821 4.408.519 165,737 4,688,427 4.166.973 Tot•1 expendlture 5557 4J66J73 421010 4￿94.340 4054,164 NÈtlneomè beforp pinslllossesl on WNe5tmEnts 39.690 215J79 52,418 308.017 (471.0951 Net 8ainslllosse51 on iThvestmeE)ts 121.083 121.083 {86,8331 Net I1•Mp￿d￿re} 160.773 215,909 52.418 4Z9,Ir 1557,9281 Is5￿16) 17162 37.6Y NEt mo¥emertlnfwds 105257 2347n 90on 429Jl)O 1557.928) R¢¢oncllllon of fimd5: Total funds brought fo￿ard at l Awil 2023 1.610,077 L304.322 394.535 3,308.934 3,866.862 Totsl Wr￿df•￿d •t31 M•rth 2024 1,715334 Note.. for Comp3ThQ5 Att purpose5 the wvfiVlk￿I for the year the rt mtsvement of Enth)wrnent Funds1 was £323,843 12023.'1£458.81TJII 24

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 Bedfordshire and Luton Communi Balance Sheet at 31 March 2024 Foundation 2024 Notes FIXED ASSErs Investments 1.788,630 1,671,109 CURRENT ASSETS Debtors- accrued Income Cash at bank and In hand 777.181 2,916,084 3,693.265 734.734 3,159,441 3.894,175 CREDITORS: amount5 fallir% due within one year 11.743,8611 12,256,350) N￿CURRENT ASSFrs L949.404 1,637.825 TOTAL ASSEf5 LE55 CURRENT LIABIUTlf5 3.738.034 3.308,934 INCOME FUNDS Endowment fund Restricted funds Unrestricted funds 1,715.334 1.538,093 484,607 1,610,077 1,304,322 394,535 3.738.034 3,304934 These accounts have been prepared in accordance with the provi5#Jns ap￿ICable to companies subject to the small companies, re8ime. The financial statements were approved by the Board of Trustee5 and authorised for issue on 4 December 2024 and are signed on its behalf by: S Hughes Chair Cornpany Umfted by Guarantee No 4141953 25

Bedfordshire and Luton Communiry Foundalion Annual Report April 2023 - March 2024 Bedfordshlre and Luton Comrnuni Statement of Cash Flows for the ear ended 31st March 2024 Foundation Totsl 2024 Tolal 2023 Cash Ilows from operatkni aclivltFeN" Donations and legacies Charff¢able actlvities-grants received Other income Awards and grant return payments Salary related expertdlture Other expenditure Net Cash pro¥kled by0perati￿ ¥lk4llles 7.638 7,703 4.731,303 4,243,828 35.015 20.726 {4.724.1511 14.691.166) 1258.9391 1227,4301 1153.5331 126,5631 (362M71 ￿772￿12) Cash ftows from ￿vestI￿8 athltle& Investment withdrawals Dfvidends and interestfvLNM investments Bank deposit interest Net Cash pro¥lded by investing actmtles 13372 29.830 75.608 119.310 13,724 29,380 16.788 59092 Ch8bV In cath osh equiv*)its in the reportn perlod 1243.3571 13.010) Cash and cash equivalent5 at the beginnlng of the reportin8 pèriod 3,159,441 3.872.451 Cash and cath equivalents atthe end of the reportln s¥eriryl 916,084 3.159fv11 26

Bedford5hire and Luton Community Foundation Annual Report April 2023 - MaTch 2024 Bedfordshire and Luton Communi Foundation Notes to the financial ststements for the ear endln 31" March 2024 i. Statement o* Accounti￿ Pollcles Company status and Inforniation Bedford5hire and Luton Community Foundation is a private company limited by guarantee incorporated in England and Wales. The registered office is Enterprise House. Wrest Park. Silsoe. Bedfordshire MK45 4HS. In the event of the charity being wound up, the liability in respert of the guarantee is limited to £10 per membeT of the charity. Basts of preparatlon The accounts have been prepared in accordance wtth Accounting and Reporting by Charities: Statement of Recommended Prartice applicable to charities prepari￿ their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 102} leffective l January 20191{as amended by update Bulletins l and 2 in Ortober 2019) and the Companies Act 2006. The charity is a Public Benefit Entity a5 defined by FRS 102. The presentation currency used in the ac¢ounts is poun(ts sierlir Assets and liabilities are inrf(ially recognised at C05t value unless otherwise stated in the relevant accounting policy. 12 Goln8 concern The trustees are confident that the Foundation Is able to continue to meet Its liabiltties as they fall due for the foreseeable future and that the accounts should be prepared on a going concern basis. Incoming resources al Award income iq credited to the statement of financial artrvities vA)en it is receNed or is receivable in accordance with the arrangements specified by grant making bodv. bl Donations are recognised as income when cash is received arml recorded in the accountin8 records. c) Donated services and facilities are included in the Statement of Financial Activitie5 there the benefit is reasonatAy quantifiable and measurable. dl Proportions of endowment or restricted fijnd awards and donations may be allocated to unre5tritted funds towards core costs by agreement with the donor. Re50urce5 expended al babilities are recognised as resources expended as soon as there is 3 le8al or construrtive oblytion tommitting the charity to the expenditure. bl Award5 payable are charged to the statement of financial activities and included under Yotal resources expended" when the payment thereof has been approved. cl An analysis of total resources expended is Set out in note 4. All awards made are allocated to charitable expenditure. whilst all other expenditure is apportioned betsveen headings on an item by item basis. eX￿pt for 5t3ff costs which are apportioned between activities on the b&is of estimated time spent. dl Pension costs represent the payments made in respect of personal pension policies. 27

Bedfor(Lshire and Luton Community Foundation Annual Report April 2023 - March 2024 Bedfordshlre and Luton Communi Foundatlon Notes to the financlal statements for the ear endln 3151 March 2024 contlnued l. Statement of Accounting Policies (continued) Fund ACC￿#￿1r a) General funds are unrestricted furrtts which are available fw use at the discretion of the Trustees in furtherance of the general obieclrves of the charity and which have not been designated for other purposes. bl Expendable endowment fund5 arise from grants and donations given specificalty to be held as capital unles5 the Trustees resolve tFy may be spent. They are invested to provide an income return which is then used to fund Charitsble artivities, in accordance with any restrictions specified by the donor, by way of transfers to the relevant restricted award-makin8 fund. The Trustees may also approve transfeTS to uft￿triCted funds towards core costs. cl Restricted fvnds are funds which are to bp used in accordan￿wIth specific restrirtions imposed by donor& Details ofthe nature and purpose of each type of fund are set out in note 9. Investments a￿ stated at their fair value. HoldiFV in common investment funds are stated at the mid-market price. The Ststement of Financial Activities includes the net gains and losses arising on revaluations and disposabs during the year. Where practI￿ble, investment income is reported gross and ￿ costs of mana8in8 Itwestments are reported separately. With collectwe investment scheme5. such as unit trusts. or common investment funds. investment management costs may be included within the bid-offer spread or recovered by transaction and portfolio charges rather than by a fee Charged directfy to the charity- Where it is not practicable to ascertain the aciual or a notional apportionment of costs tharged to the indNidual participants of such schemes with reasonable aCCLbracythen the investment income is reported afterthe deduction of such fees. Taxatlon Bedfordshire and Luton Community Foundation 15 a registered chèrity and therefore is not liable to income tax or corporation tax on income or gains derived from its charitable activitie5, as they f311 within the Var￿US exemptions available to registered charities. 28

Bedfordshire and Luton Community Foundation Annual Rewrt April 2023 - March 2024 Bedfordshire and Luton Communi Foundation Notes to the finandal ststements for the ear endin 31° March 2024 contlnued 2. Statement of Financial Artivities (InclUdH￿ income and expendlture account) for the year ended 31$1 Mar¢h 2023 Notes Expendable Endowment Unrestrirted Total Income and endowm•ts from: Donations and le8a Ch•ritable activityes Investments other Total in¢ome SA15 3.970220 2,359 324578 16.788 19,646 363.3n 7.774 4.294,798 60,851 19,646 4383.069 44AJ63 44,063 3,975ffi55 Expendilure (￿. Ralsing funds Charitable aCti￿ties 5,598 160,139 186.199 165.737 4,688,427 4.502,228 Total expenditure 5598 4¥12228 4.854.164 Net Income before 8alns on h)vestments 1526.593 17.033 1471m51 Net gains on investments 186,8331 186,8331 Nei I526￿93) 17,033 (S57g281 TAnsfers between funds (So,7￿) 135.7061 86.466 Net m(¥¥ement kn funds 199J285 1562299) 103A99 1557O28) Retondllatk￿ olfynds. Total funds brought forward at l April 2022 L709.205 1,866,621 291.036 3,866,862 Total fund5 £arrled lorward at 31 March 2023 304322 394.535 3,308,934 29

Bedfordshirc and Luton Community Foundation Annual Report April 2023 - March 2024 edfor(lshlre and Luton Commun Foundatlon Notes to the financlal 5tstements h)r the ar endi 31" March 2024 continued 3. In¢omlng resources 2013 Donatk)ns and legacies other donations. lega¢res andfund-raisin8 attl￿t 7.567 7.774 Charftable artivrties Income from other grant making and charllable bodies 4.720.719 4,294,798 Investment Income Distribution5 from COIF 1n¥estff￿Dt Fund Income from listed securities aank deposrt interest Total Imiestment intome 29.380 15.868 86,408 131,656 29.380 14,683 16.788 60.851 Other Intome Fees for manaÉement and other servicÈs Grants received Totsl Othw Income 20.415 22.C()D 42.415 19.646 19,646 TOTAI INCOMING RESOURCES 4,902.357 4,383,069 4. Analysls of trtal resowces expeThled 2OZ4 Total 2023 Total Endry•fflKnt Restrirted iJnYestrlcted Charitable actsvllies Awards pald (see note 121 Awards payable Awards returned Unspent 8rant funding returrEd External Audit Staff costs Isee note 51 Other 2.676,¥7)8 1.492.697 115.557) 2.725 2.676.908 1.492.697 115.5571 2,725 6,900 173,364 10.200 4.347,237 2.44L325 2,060,075 15.2741 11,1871 6,962 167,887 18.639 4,688,427 6.9CIJ 173.364 10,200 4.166.973 180,264 Ralslng l￿d5 Fundralsin8 Costs Subscriptions Staff costs (see note 51 Consultanry Off1ce rènt and Insuran Qtheroffice costs Website. Internet ènd telephone Training and conferences Legal and professional fee5 Investment managels fees Travel and 5thirten 8,994 11.950 4.270 59.413 37,057 19.313 21,670 427 2.894 87.106 53.659 26,154 31,156 959 670 24.029 87,106 53.659 26.154 31.IS6 959 670 24.029 5.557 5,925 247.103 879 5.598 4,780 165,737 5,557 5.925 241,546 5.557 Total resources expended 5.557 4,166.973 421,810 4,594.340 30

Bedfordshire and Luton Community Foundation Annu21 Report April 2023 - March 2024 Bedfordshlre and L￿0￿ Commun Not hefin ncial sta emen Foundatlon tor 31° March 2024 S. staff costs 21)23 Salaries Social security costs Penslon contrlbutSons 232,926 17.549 9,995 202,349 15,659 9.292 260,470 227,300 Allo¢ated.. Charitable activities Ralslng funds 173.364 87.106 167,887 59.413 260.470 227.300 The average number of employees in the year was 712023: 71 One employee rectwved emoluments above £60,OLK)12023: 11 The total femuneration of key management pusonnel £ 72.(FJ812023.' £66.S441 6. Flxed Asset Investments Total fund5 Investments heW to inveslm¢nt rttwn Markel Value at 1st 2023 Reinvested Incorne Management fees Withdrawn Revaluation 660.672 15,867 15,557) (13.8721 29.619 1,010.437 L671,109 15,867 15.5571 {13,872 121,083 91.464 ma￿et Value at 31° March 2024 686.729 1.101.901 L788.630 Hlstorlcal cost at 31° March 2024 584,416 597,949 1.182,365 Listed securities- COIF Invesbnent Fund Listed seturikne5- Rathbones Cash held wlthln investment portfolio 1.101,901 674,123 11606 1.010,437 651,537 9.135 Total market value 1.788.630 1,671,IC8 31

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 Bedfordshlre and Luton Commufi" Notes to the financial ststeme lorthe ar endl 31" March 2024 contlnued 7. Creditors: amounts falllng due within one year 2024 2023 Taxes and soclal security Attruals and other credbtors Awards payable Income received in advance 17,157 22315 1.492.697 211,692 1.743.861 4,506 14,719 2,￿0.075 177.050 Z.256.350 8. An?ty5i5 of net assets between funds Endowment funds Restricted funds UnrestrittÈd funds Total funds Fixed assets Current assets Current liabilities L715.334 73,296 3.069.994 {1.605.1971 1,788,630 623,271 3,693,265 1138,6641 11,743,8611 Net assets at 31° March 2024 1.715.334 1.538,093 484,607 3,738,034 32

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 Bedfo shire and Luton Communi Foundatlon the financlal statements for the ear end" nu 9. Fund Accountlng BalarKe at 31sI March 2024 2023 IAc¢ne EXp￿rrt￿e Transfers Urtrertrkted General Fund-Grani makjng Good Éxthange Big Gi¥e 2021 Core costs 24J61 734 6,838 XQ.033 162,569 4,971 3S.034 468￿26 I421￿10} 114,9381 47.621 231.811 210,1 a94￿35 474.228 421.8101 37.654 Hl8hSheriff Awards Cemie Relièf Bedfordshire Hardship Ltrton Hardship Fund London Luton Airport OperatKffj5 LLAOL Green¥ F￿y￿S Fund Grassroois Grants Beds Luton Vital Signs Wobwn 1998ChxitableTrust Jane CarVsTrust Oiher doTrorAd¥￿d GVC Fund whIt￿e3d Pk F R Cawley Cordova G Farr Luton Risits8 comm￿lty Irwe5tmert Fund LL%OTh Rlslr4 Youth Fund LLKon Ri%lng Small Grants Fund L￿on Ris1r￿ NN Fwd l{￿d￿ Luton ￿'r￿)rt Area Fund LI￿un E¥ofve/ Mark West Memorial Comm￿ltieS In Cr Warm Spa¢es Comrnwity Recovery Fwld Luton Cityzens Fund Bedfordshire Stsbillty Fund Collaboration Fund CBC PHM Mental Commurwty Hubs Lut￿ Mealih Ewallty Prize FyThl Frank Branston Wikes Alms Windrush Fund Art CounCilJubi￿e fvrnl 7.127 4.S82 S3.421 312 34.991 13,4621 3,66S 4.S82 53.671 318 60,tM9 I￿.Co0 27,727 2SO 197,610 J22 1172,5521 189.3221 25.449 43S 17.454 82,223 850 2.057 1278 14351 1.510 19.286 18501 18,964 83.734 (17.7751 2,057 40Tr1 1.616 14.337 143.S751 1.439 12.716 177 L621 Ill￿} 9.284 191,957 492.142 22,547 2.9)4,823 12.9)L968) 1208.1(￿) 1231.5251 166.5CIJI 133.527) {5,(X￿} 7.139 274,085 394,117 14.020 91.750 32,8Y 10,806 11697 1751 111.8011 16,7631 10.522 ii.(*J)I 102,197 22,012 4.043 4.697 45.654 41,497 78,093 9L999 1919 4S.654 1152.1521 Is.( 1537 107.1È10 19.2CLI i(y), 43.893 193381 I￿.(0)} 1116.0381 125.oc 191.1801 172.4891 144.8531 22.049 91.CO) 11471 I.￿4.312 4JB1882 14,166.9731 17,862 1.538,093

Bedfordshire and Luton Community Foundation Annual RetN)rt April 2023 - March 2024 Bedfordshlre and Luton Commun Foundatlon N tes to the financial skteTnents for the 31" March 2024 coniiNied 9. Fund Account1￿ Icontinuedl Whit￿ead 1998 Endowment Gra55roor5 8edsand Luton EThJowr*nt Woburn 1986 Gfassroots Enth)wmwt Grasgroots Jane CartsTru5t Community First- RF Cawl Community Fir5t-6 Fa Communty Fir5t-Corfo¥a Comrnunity First-janecarfsTr￿t Commynrty First- LUDUA ICrf).303 57.548 38.156 415.2S7 9.254 2.639 84998 350.￿3 551.859 1,610.077 19121 1523 13471 13.7751 14.9741 12.8541 (J.8921 112A57) 12691 1771 i0i.B81 S8.4S4 38.7S6 429,526 10.LF32 2.879 92.692 379.260 601,794 1.715.334 L494 2.789 l.B49 20,121 838 240 10,780 269 1471 10,522 16,rMo 45.247 114,0821 I6.C￿0 55.5161 32.757 49.935 121.083 15,5571 Total furrf15 3.308.934 4.￿2,35? 14.594.340) 121.083 3.738,034 Unrertrirted Funds Unre5tri¢ted funds comprise thosÈ furnls whith the trustee5 are free to use In accordance wth the charitable objects. The tru5tee5 have desF8nated an amount of £47.62112023: £162.5691 toa pmpertyreserve. This comprises anyreserves atrK•ve 50% of the operating budget forthe next financial year. Restrbtled Funds Restricted funds a￿ funds which have for particular purp05e5 and projects. High sheriff s Fund The Foundati¢)n is manawng an annual Otizenshlp awards event for the irKumbent High Sheriff plus additional events durin8 the year London Luton Airport Operations Ltd. London Luton Airport 5UPPOrts projects vth￿e those t￿e￿tting come from LLrtort. Central Bedfordshlre, North Hert5 District. 5tevenage, St. Ajbans ￿$tr￿t or the Aylesbury Vale Listrict and whith match the wishes outlined in its C(xnmunlty Eny8ement Strategy. including the creation of a skilled workforo building healthy communities, supporting arts and culture and environmental proie¢t& London Luton ￿'rport OperatM)ns Itd Greenèr Futures Fund Supporting communlty groups tryinq to tackle b￿l￿￿SIty arKI carbon ffjductlon ￿thin a radius from Luton Woburn 1998 Charitable Trust Maklng grants to small communlty groups in the Mid Bedfordshi￿ a￿. Jane CaTtsTrust Making grants to cler8y, and thelr dependants. and for the relief of poverty in the DunstatAe area. Frank Branston FUNI Making 8rantsto charth"e5 and community 8roup5 lThwwryJthe li¥es of residents of BÈdfordshire

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 Bedfordshlre and Luton Commun Foundatlon Note to the finandal ststements farthe r endl 1° Marth 2024 9. Fund Accoun￿￿ Icontjwedl Whitbread PIC Awarding grants from the Whitbread ChairTnJn'5 Fur￿ forthe benefft of community groups a¢rts￿ swth Bedfordshire Bedfordshwe Hardship Ajoint project wTrth Incomefrom rwtionol appeals and I￿al authorltyalmed ai helpingtho5e in fuel FO￿rtY. Cordova An endowed fund. the proceedsfrom whith are to bt used to benefit propcts in Dunstable. Luton Rlslng Youth Fund Funding projects aimed at SUPFrfXtiTr% young pe￿e across Luton, fvnded by L￿on Ri5inK. Luton Risln8 small grarrts fund and Near Neigh1￿Irs fuThJs Supportlng projettsthat create safer and strongercommunitles. ertvlronrn￿Ial and economlc development, health and Wellbei￿ 3rd children and You￿1 people. Luion Ri5in8 Community Investrnent furKI A large grants programme to address local issues in Luton Bedfordshire Stsbility Fund A second kthase to provide funds for on80ing siwort in ts county. Comrnunity Recovery Fund. Collaboration furhd and LLrton ￿ti￿rLs Fund Fundsto SUPPOrt the re¢(5veryfrom covKi within the Lulon community. LuDun The aim of this fund is to wovide access to training and edwation to adults with physical or learning disakilities Mark West Memorial Fundl Evofve A fund specifically aimed at helping girls women to make posltyve thary in their li¥e5. CentT31 Bedford5hire PHM Mental Health Communrty Hub A furtd specifically for the improvement of mentsl health ￿ 1&25 year olds in Central Bedfardshlre

Bedfordshire and Luton Community Foundalion Annual Report April 2023 - Mar¢h 2024 BedfO￿$hlre and Luton Comm Foundatlon Notes to the financial ststements forthe 31" March 2024 continued 9. Fund AtwintSng {canthxd) Endowment Fund5 The endowment funds represent t￿ assets whlth must be held in the form of an expendable endowment by the ¢h)rity. Income arising on the eThYowment funds can be used in xcordance wth the obj'ects of the charity and Is included as unrestricted income except where it isderived from a specific endowed fvnd. ThèTruslees discuss at regular intervals the prOport￿n of funds that are to be made availab￿ to Eiant making. The Income arising from the Gra55roots Ermlowment and Community First fvftds for Luton and Bedfordshire can be used in line with the crrteria ol the Grassroots and Community First Endowment Match Challenge contracts. 10. Related Party Tran￿￿10n$ No trusteesldlrectors recaved any reffluneratK￿ dUrTr￿ the year12023.' £nill. V Vayssiere5 re¢•ved reimbursed expenses amouniing to £ 61312023.. £801. I Western received reimbursed expenses amounting to £14112D23: £nlll in addition, the following payment for award5 wa5 made by the Foundath)n to an organisation where staff or Iru5tees had a dirert interest.. . Trnsteelstaff ' member A. Gomez Phab Ltd FLmdrai51ng £14,625 11. Donors arKI Volunteers I￿r 6rateful thanks go to the foll￿￿ne donors for theIrsup￿t of ourwoTk: Luton Risini London Luton ￿rPort Operat￿5 Ltd L￿on Borough Council Central Bedfordshire Cwncil Arts Council England MrGRDFa RCDandLMWalker UK Community Fo￿d￿til)n5 whitbread PIC The Amatwjrs Trust The Connolly Foundation Steel CharitsbleTfUSt And to those who have sVp￿ed our work ty att￿dIng a range of functKJns and events durin8 the year, or who have chosen to &ve anonymously. Tr* Foundation relies on the gener￿ty of vdunteers who sit on the two grants pane￿ to assist in the decision making of awards. The wotocol and processes to manage the recruitment and retention of volunteer5 15 set out In the 8LCF Voluntew P(Aicv.

Bedfordshire & Luton Community Foundation Annual Report April 2023 - March 2024 Bedfordshlre and Luton Commun F￿ndatIon No to the financlal statement fw the ear endl 31° March 2024 ntlnued 12. A￿drdS paid Luton Rls Small Gian Fund Allf CoMmun￿leS i0.L￿.00 Shafflhona Women's rou io,ow. BanKladesh Youth League British Alrican Caribbean Culture i Association Bushrfiead Ladies aub 14.(XlO.00 Small Acts of Kindne5S 4,(KKI.00 s.(￿l.C(l Strathmore Methc4Jist Church 4.000.00 2.OLXY.00 Thecourt Foundation io,(KJo.00 Cosmeti¢ Toil & Perfumery 3,580.1x1 The cUl￿ra1 History ac 4,000.00 Five Pillar5 Comm Grou 9,280.00 £157 709.00 Hockwell Ring User Commitlee i.tNx). Ho e Church Luton Trust 6,51YJ.CKJ Luton Risi Near l)ours Kee¢h Hos ice Care 6.rJxi.i)o BEEE Crèattve CIO Charlton Village Neighbourhood Forum 3.000.00 Kokni Communi 3,5￿.00 90J.00 Lea rave youth i.(th.00 Communities 1st 2.CQJ.00 Lewsl Comrnunity Garderb Grou 2250.00 Herts Vision Loss 2.656.00 Lords Tavernèrs 2.orioo Home Start Hertfordshire 3.(X)O.00 Luton Cornmunity Chaplaincy 2.SCiI.(K) Open Art Box 5,000.00 Luton Irish Forum i.c￿. Res ite at Home 2,OLKI.00 Lutoft Uterature CIC 7.1X￿•.[￿) Southill Patrsh Council 5,0(KJ.00 Luton fown Hoce 3.￿.lKI The Need ProAect TheRe lation Station CIC 2,750.00 4.821.LKI Oak Communi Services CIC 5,1XQ.(K) V Box Donation scheme s.￿0.￿] Outre•¢h Musi¢ Grcwp 6.CQJ.Tr) Pargrav C(Ynpany limited 5.IKQ.00 £36 127.1)0 Purbachal rrhe eastern S 4.(KQ.00 Puttefld e Cormiunl Nursery 4,OC(J. Raynham W Community Centre Refugee and Migrant Development Association 2￿79.￿1 6JK(I.CKI Revdution Fltness l.L￿.c RYH Academv i.(xx). Several Seats CIC 7.CW. St Hughes Church 4,220.IM) 37

Bedfordshire and Luton Community Foundation Annual ReFK)rt April 2023 - March 2024 London Luton Al rt O at101￿ Ltd Watford and Three Rtvers Trust 6,CKKI. I" Eaton Bray and EdleSbor0￿h Scout Group Yes Futures 5.000.00 7.tXKI.CQ Youth Concem 2.oc￿.00 Amicu5 Trust 5.iXIO.fKJ Young Peoples's Pu pet Theatre 5,500.00 Barrel Or8an 1.710.(KJ Youth Talk 5.$00. 8edford Credit Unlon 5.5(Kl.00 Biw)13r VK 1,730.thJ I Caring Halr 4.994. Luton Rlst Youth Fund Citizens Adwce St Alban5 Citizens Adwce Luton 4.835.1 ATtIOTIVE Social Ent rise 20.4CQ.CXI CHAT 1.5(Kl.IXI Sa¥e5 Liwe5 CIC 21.116.25 Dunstsble Town Council 2.540. t Paths Su rt ac 4.096.75 Give Help Share 9.980.00 Cajdwell Youth Comfflunty DevekJrMnent arbd Growth cic 24,CQO.00 GRIT; Growi Resillènce In Teens ?.(￿.c￿l 33.000.00 Happy Days Children's Charity 2.766.00 Create Wellbein Partnerships CIC 7.$00.1)O Crescent Summff Sthod ac Headway Hertfordshire Limited i.LMJO.00 25.158.00 nk to Chan 15.orxJ.LM) Lteanna's Wish Luton Allstsrs FC Lutort Town Football Club Communrty Foundation 5,20J.00 i Lej hton Unslade Helpers 4,696.00 49.500.00 Luion Town Walki 5.ofKJ.¢XI Ma Seacole H￿singAsS0Cfatl0n Mitalee Youth Associatlon 22,800.00 Mediation Hertfordshlre 2.IXQ.Ch) 20.WO.00 Parallel Live5 Programme ac SALTO Gymnastics Charrtable Foundation Itd Samaritans of Luton, south Beds and Harpenden Stop Advlce and Training Centre ofaass 47,000.00 9,992.00 St Giles Trust 20,944. 2.800.CKI Stopsley Baptist ￿Urch The Barber Pro'ect CIC IS.¢XJO.00 Somethine to Irxjk forward to 5.182.00 7.000.00 Swim Slip ETh 6.(KX).(KJ Uamma Ltd 5,293.56 Tan led Feet Theatre Com You Turn Futures 38,O&J.00 The Heather aub 6,IXK).LX) Youthsca Ltd 15,000.00 The Hygiene Bank Luton 4.%KI.¢XI The Narrators Lens 1750.(KI The PathwaySTILL CIC 2.5(Kl.r The Red Shed CIO 6.847.1KJ Thriftvale Scouts i0,(￿.C¥) Trirnty Co¥Thnuni Pro 7.(￿.£￿)

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 Communltles In Crlsls L Greener Future Bangladesh Youth Lea￿e GrtyJnth1￿rk East Luton Carnival Art Maidenhall Prim Marsh Fam) Futures Penrose tions Someries junior S¢hool Fund Tennysots Road Primary School The Friends of Bradgers Hill The Wildlrfe Trust 6.IKIO.00 10,000.00 io,000.oo 9,652.00 9.914.00 9.856.00 3,900.(N) lo.￿0.00 6.425.00 9,575.00 I Saints Shlllln on I￿.() Ban8lade5h Youth League Dunstsble Communlty Halls 3,(KJO. H¢)pe Church Luton Trust Mind BLMK 500.00 i The Gos el Pentecostal Church 500.00 Ra nham Wa Communi Centre 500.00 St Luke's Leagrave Shanthona Women's 500.00 ou 5CJ.00 End Good Nei hbour Scheme 500. Comnwn Sundown Park Bapt15t c￿rCh SVP Holy Cross Church Word of Faith Centre AUF (￿nMUNI1les 6,000.00 500.00 Associatw)n of MUs￿m schools Ctc 8.[￿.00 Azalea 7,195.00 adesh Yovth Le 15.680.LL) Frank Branston Fund Boxin Saves Lives CIC 8,332.00 CHUMSCharity 5,0(M).00 BEEE Creative CIO CHUMS Charity Commullity Wowks4U CIC Ethnic Foodbank Gran e Acade JustU5 Kin s Arms Project Omiiston Familre5 Project 229 Queens Park Community Or Re- engage Smart OS Tibbs Dementia Foundation Veteran5 Community Network 3.000.(LTr 5,500.(10 Communlty Needs 15,(W.00 Famtlies Urhited Network 16,500.00 9.999.C 9.999.C 9.999. 6.OCQ.C 5.0[￿. 4.114.1)0 9399.(Xl 3371. 5.000.1)O 9.825. 1,775.( Groundwork East 4.1(Q.Tr) Head￿ Luton 5,266.LXJ Hope Church Lvton Trust 5.450.00 anisation Khayaal Theatre Com an lo.￿0.00 Levd trust 16.512.00 nkcommun Centre CIC li.￿0.00 Luton FoLNJbank 16,000.00 £86 181.(X Luton Ir￿h Forum s,(￿0.00 Revenue Fu Lutrffj R￿na Trust 2.346.00 Manshead Academ StAu ustines Academ St Augustines Church iO.LW.00 6.275.00 L5(KJ.00 Mary Seacole HousinB As50ciatiDn 10,000.00 Mitslee Youth A55CCiat 7.333.CKJ Music24 7,C#JO. £17 775.(Kl Penrose 8,321.00 Phab Llmited 14,265. 39

Bedfordshire and Luton Community Foundation Annual Rewrt April 2023 - March 2024 Whitbread PLC PoetslN 12.928.LK) Send￿R¥e Association 6,540.IY) Barton-le -aa Parish Counc 4,C(().LXI Shlne Learnin and Training Centre CIC Soclety for the Advancement of Black 7.040.tsJ Bedford Cwtive Art5 2.5W.C 8,OCM).(KI Canal & RiverTrust I Community Link Project of ht 2.340.IYI The Culture trust li.5￿. 2.OCA).tsJ The Disèbilit Resource Centre 7.98LD) Ounstèble Sea Cadets s.orKJ.00 U ala the Asian People5 Su rtGro lo,0￿.00 in on Fwester Women's aid in Luton 9.954.00 4.000.CL) Youthsca eltd 16.000.00 Full House Theatre Compa S.000.L You Tum Futures 8.333.(rf) l Houghton R sBa tist Church 1,000.00 Kids in a¢ti 4,O)0.00 Makln Me 4,575.00 Bedfordshlre Stabi Musk24 1.348.00 Access Bedford 10.308.00 Ringcraft Boxrn limited 2,500.00 8edfordshire Refugee & As lum .c￿.00 Rotary Clubof L on Linslade 2,160.00 i Toddington Willa ema zine Faith Queen's Park 6.7(K).LKI 3.000.(KI Friends for ￿fe Bedfordshlre Vwes fcojndation 1.250.00 Lei hton Linslade Hel Luton Carnlval Arts Deveknpment Trust 7,5(Kl.th) £44 673.00 25,CMJO.OD Luton Health E ual prf￿ Fund Liwn8 It Up Event 7,200.iKJ Grow Your Poten￿al CIC Hatters Health Primary Care NÈtwork £5,OC(I.00 Shanth¢)na Womens Group lo,th￿.00 krfed Counsellin 5,6cKI.rJJ £iO.(KK).00 The Ebonistè Pro"ect CIV The Friends of St Mary's Chwch stevin on 9.987.C Luton Boro h Council £io,oco. 15.LUI.00 £25 The Trauma Healng Collective OC 5,cKpJ.( £127 295.IN) Greer￿ Gr07 £3.000.00 40

Bedfordshire and Luton Community Foundation Annual Report April 2023 - March 2024 Warm S The Wllkes Alffts Ch Jshmead Commthit ￿￿b ArrioTIVE Social Enter rise 6,000.00 Community Needs Autism Bedfordshire lo.0￿.00 owerin Education Ltd Boxin Saves Lives ac 5,000.00 Hrgh Town Baptist 8u2zer 8uses (Dial a Ride I Itd io.000.00 Luton Irtsh Forum Freddlea￿l Friend 7,974.00 Parlsh of luton Parish of Luton. St Ame with St Christo Kids ¢￿t 5,000.00 Rotsry aub of Lei ton Linslade 8,6￿.00 Raynham Way Communlty Centre s￿.1X1 um Commun 6.015.00 St H he5 Church 589.00 Evo Mark West St Lukes Leagrave shri Guru Rawdass SCU Alex Deards £i,rKJO.00 Stanton Road Baptist Success Makers Limried Word of Faith Centre 1610712(KXI £75.00 WiThdrush Fund £75.C#) All Salnts Church Collaboration Fw Ameina cent￿ CIC Le8aty of Windrush ￿Cendants and friends 4,350. 5,LJXI.00 Azalea £24,692.00 Marsh Fam) Futures 2,963.iXJ izens Advi￿ Lu1￿) £37,500.00 Nine Red Pfe5ents S.[￿. Luton Chrfstian Fel￿wshIP £20,000.00 Outrepth Music Gro 5,(KY). iuton Foodbank £6,620.00 Pulse of Luton s.￿.(￿) The Disabili Resource Centre £49.982.00 RestOrat￿n Revival Fellowshi 2.(￿￿7.(￿1 TOKKO Itd £15,100.00 Samsons Academ Chari 4.940.00 Society for the advaKement of Black Arts 5,LYJO.00 £44 41

Bedfor&shire and Luton Community Foundation Annual Re]y)rt April 2023 - March 2024 CBC Mentsl Health Commun Hubs NOAH Enterprise £71.000.00 Penrose £32,984.25 Bedfordshire Rural Communities Charty £24349. Penrose Qjtions £20,OCKJ.00 Carers in Bedtordshlre £58,920.CKI . ht Concern Bedfordshire £100,900.00 PoetslN £16,904.(K) Stepplng Stones ILutc £136.200.00 £100 173.fy) stroke As5t>ciation £46,5CKJ.00 The ￿fer Lutw Parthership £70,150.00 Luton Rlslrg Communlty Investment Fund TheTrauma Healing Collecti¥e CIC £16.925.rNJ V￿M su £251.525.00 Active Luton £47,￿.(￿) WoThn's Aid in L￿On £61,850.00 Age Concern £123.(X#).C(I You Turn Fuwres £42.225.00 Alzheimerfs Soc £39,2(M).(Kl £2 692 640.75 Autism Bedford$hirè £266.5fNJ. CHUM5CIC Community Voluntary Sexvice Bedfordshire £30,7(MJ. Lutm Crtitens Fund £5&650. Early Years Alllance £216.775.00 A Cwtive Exprewon Itd £3.312.00 Groundwork East £20.675.00 Amgiving back £3,960.00 eadW￿ Luton £4L122.fKI Blenhdm SCO￿ Grou British Community Professional ment Trust £4,1￿.c Ickn￿￿ tistrict Scout Council £23,2COJ.(J £2,936. Kèech Hospice Care £17.800.00 Community Need5 £8.0￿. Level Trust £20.CW.C Dallow Farl Boyin aub £2,OfK). Luton Actess- Cltizens Ad¥ice Luton £309,155. Dilkhush Weilbein aub £3,750.IKI Luton Access- Luton Irish Forum £26.109.50 wÈring Ed￿ltIOn Limlted £4.OCQ. Luton Acce5s- Luton Law Centre £161.711.¢XI Hart Hill Nursery School £3.984.00 Luton Access- Luton Rl hts £106,711.QO Hope Churth Luton Trust £3.800.00 Luton All Women's Centre £90.2CiJ.C House of Abraham £4,000.00 Luton cam1￿1 Arts Develo ment Trust £31.2rx).rmJ nk Commun Centre ac £4,0￿.00 Luton Council of Fatths £47,423.LKI Lullingtort N £958.00 Lyton Foodbank Mary 5eacole Hou5in6 A%so¢iatlon Limited £56.750.00 Lugus Ceramis ac £4,IXIO.00 £4,000.00 £23.51KJ.(xi Luton Carni￿1 Arts DevelDpment Trust £2.000.00 Mind BLMK £86,2CKJ. Luton Community Chaplai 42

Bedfordshire and Lulon Community Foundation Annual Report April 2023 - March 2024 Luton. Dunstable & Surrounding Kenyan Community Forum £4,(KKI.CiI TheTrauma Healing Cdlectlve CIC £4.c￿0.00 Luton Indoor bowls club £4.5￿. What Next £3.995.00 Luton Keralltes A$s￿latIOn ILUKAI £4.5CO.C won￿.5 Aid In L￿On £4,000.00 Lutort Litèraturè ac £4.00).C(I Wory*ns Sto Point £4,000.00 Luton Town Boxing Club £4,000.t)) £202 209. Luton Women & Glrls Cricket dub £4,LKKI.00 Mum2Mum Luton £3.500. Next Generation Youth Theatre CIC £3,580.(XI NOAH Ente £4.OCMI.CiI N abin&i £4.OQJ. Pulse of L￿on £4,{￿￿1.¢Xl Putterid e Cornwnuni Nursery £8.(LIO.(KI Pride in Luton £4.￿.00 Putteridge Primary School £4,LKKI.(XI Raynham Wa Communi Centre Revive Youth & Community Famity Foundations É4,l￿.c £4,COD.LKI Risin Stars Youth aLJb £4.CW.tKI Ross Park (Lutonl Scout Gro £4.497.(Kl St Andrews Parish st Augustine's Church with Holy Trinity B15￿t £4.5CQ.I)O Total awards ststement of Flnan¢ial Activities £4 736 982.31 £4,(N)J.¢JJ St Au8UStinès Scthjt Group £4,(￿.( 5t Jose s Scout Group Luton £3,831.LKJ St Kitts Nevis & Friends Association £4.(K)O.c st Luke's Church £4.SOO.CKI St Thomas, Parish Church £1.￿￿1. Shanthona Womens rou £4,CQ). Simply Oeè2 events £4.L￿1.(1j Shrl Gunj Aavida$5 £4.(￿. 5t0 51 Vnited FC aduhs £4.(W.OJ Strathmore Methodist Church £4.500.ty) The Slll Lab CIC