Trustees, Annual Report for the period CHARITY COMMISSION FOR ENGLAND AND WALES From 1. January 2024 to 31 December 2024 Charlty name: The Ditch Foundation Charlty registratlon number: 1087448 Objectives and Activities SORP reference Summary of the purposes of Ihe charity as set out in its governing document To advance the Christian religion by providing financial support to train and educate in bible teaching skills Christian workers who are or will be involved in Christian ministry with students in Europe and the fomer Soviet Union. Para 1.17 Summary of the main activities in relation to those purposes for the public benefft, in particular, the activities, projects or Services Identified in the accounts. The principal activity of the foundation this year has been to provide rinancial support to the work of Graduate Impact- particularly towards the travel and accommodats'on costs of IFES staff, students and graduates attendlng events and conferences. Para 1.17and1.19 statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit. The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Trust's aims and objectives and in planning future activities and setting the grant making policy for the yaar. Para 1.18 The Ditch Foundation makes grants to organisations and individuals known lo the trustees to facilitate our charitable objects. No grants are made in response to unsolicited applications and our funds are fully committed for the foreseeable futu￿. Policy on gr8nt maklng Para 1.38 Achievements and Performance SORP reference Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. During 2024, the trust continued to support the ministry of IFES Graduate Impact in mentoring young Christian adults during the formative years of their professional life. Our grants to IFES Graduate Impact have helped provide invaluable support to young Christian adults in the early years of working life in more than 25 countries across Europe and Eurasia. Speafic details include training through the Bible and Culture programme, in Berlin and also the training of European Cross-current leaders throughout the year and via a training event in Spain. Parn 1.20 We have also supported the translats.on of Cross-current resources into Spanish, French, and Poriuguese, and we have supported the launch of an e-Learning course on Christianity and politics. Financial Review Review of the diarty's financial position at the end of the period Statement explaining the policy for holding reserves stating why they are held Para 1.21 We hav8 not, in this period, reached out to any new supporters. The trustees aim to hold beiween 6 and 12 months of funds in reserve based on the normal requirements of the work supported through IFES Graduate Impact. Pata 1.22 Amount of reserves held Para 1.22 Cash reseNes were £17,963 at the end of 2024. Explanation of any uncertainties about the charity continuing as a going concern Para 1.23 The trustees are confident that the ch8rity remains a going concern. Structure, Governance and Management Description of charily's trusts.. Type of goveming document Para 1.25 The charity is governed by a trust deed dated 3 June 2001, How is the charity constituted? Trustee selection methods including details of any constitutional rovisions Para 1.25 The Ditch Foundation is an unincorporated association. Appointment to the board of trustees is carried out by Ihe current trustees with reference to the range of skills needed to govem the chari effectivel Para 1.25 Reference and Administrative details Charity name Registered charity number Charity's principal address The Ditch Foundation 1087478 Dove Cottage, High Street, Shiplon-under-wychwood, Chipping Norton. OX7 6BA Names of the charity trustees who manage the charlty Name of pgrson lor body} •ntltl8d to Int tr￿ts• {If an Tru•ts• name Offlce (If any) Dat•• •¢t•d If notfor whol• y•ar Timothy Wickers Andrew Evans Rupert Shelley Chair Declarations The trustees declare that they have approved the trustees, report above Name.. Timothy Vickers Position: Chair Signed.. Date.. CHARITY COMMISSION FOR ENGLAND AND WALES The Ditch Foundatlon Receipts and payments accounts CC16a For the period from To 0110112024 3111212024 Section A Receipts and payments Unrestricted funds to tho nearost Restricted funds to the nearn8t Endowment funds to the ne•r•ot Total funds to the n•areat Last year to th• nearest A1 Recei Conference fe85 12.633 24.418 12,633 24,418 3,559 19.437 Donations Other reven Refunds 35,494 68,490 ross income or 37.893 37.893 A2 Asset and Invostmont sales, (see ota 37.893 37,893 58,490 A3 Payments Advertl8lng and marf(etln Awountanc lees 171 1,020 250 1,020 250 787 Bank lees 59 conferen￿ and accommodation 4,713 4.713 Con3ulllng Genèral expenses IT Softhre & consuMa￿e8 220 220 96 3.343 Postsge, Freight, coUr￿r Resourcès 8,102 8,102 6,S22 206 Subsistence Telaphone & Interr￿1 Travel- Inlemational 1,214 34,688 109 1.214 34,688 109 880 44,826 1S0 Travel- UK Sub total 54,611 54,511 67.758 A4 Asset and Inve$trnent purchase$, see table Sub total 54,511 54,511 57,758 Net of receipts/(payments) A5 Transfers between funds A6 Cash fundg last year end Cash funds this year end 116.6181 116.6181 732 34,581 17,963 34,581 17.963 33,849 34,581 Section B Statement of assets and liabilities at the end of the period Unrestricted Restricted Endowment funds funds funds to nearest £ to nearèst £ to nearèst £ Cadegthi'ies Oètails B1 Cash funds DStch charity ateount NaM*st ¢]perating accounl Amex credit card Iliabilityl Total cash funds 12,1S6 7.852 12,0441 17,963 lagra8 b￿ances￿1h tB¢8lpls and payments acrtsJnll511 Unr9$trlctsd Restrlctod Endowment funds funds funds to nearèst £ to ngar•st £ to neoroll £ Detalls Fund to whlch $Bset belon Co8t tlonai Currwt valu• lonal Details B3 Investment assets Fund to whlch a8•et belon Colt lonal Curr8nt valu• lonal Detai15 B4 Assets retalned for the charfty'5 own use Fund to whl¢h relat•& Arnount du• lonall Wh•n du• lonall Details B6 Llabllltles Signed by one or fft Iruslees on behalf of all Ihg trustees Signature Print Nam8 Date of roval Timoth Vickers er THE DITCH FOUNDATION FOR THE YEAR ENDED 31 DECEMBER 2024 Inde endent Examiner's Re ort to the Trustees of The Ditch Foundation I report to the charity trustees on my examination of the accounts of The Dltth Foundation I'the Charity'l for the year ended 31 December 2024. Responslbllltles and basss of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance wlth the requirements of the Charities Act 20111'the Act'l I report In respect of my examination of the Charity's accounts carried out under section 145 of the Act. In carrying out rny examination I have followed all applicable Dlrections given by the Charlty Commi551on under sectlon 14515)Ibl of the 2011 Act. Independent examlner's statement I have completed my examinatlon. I confirm that no materlal matters have come to my attentlon In connectlon wlth the examlnation giving me cause o believe that in any material respect: (11 accounting records were not kept in respect of the Charlty as requlred by section 130 of the Act; or {2} the accounts do not accord wlth those record5. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understandin8 of the accounts to be reached. J R Caladlne FCCA CTA FCIE Caladine Ltd Chartered Certified Accountants Chantry House, 22 Upperton Road Eastbourne, BN211 BF Date: ".uz(