T&J MEYER FAMILY FOUNDATION LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS Year Ended 31 December 2024 Charity Registration No. 1087507 Company Reglstratlon No. 3990117 (England and Wales)
T&J klEYER FAkllLY FOUNDATTh LIMrrED CONTEKrs PAGÈ LeyHI ¥ndAthvnistrallve inlorrytion REPCrtvfTru5tees Repr¥¢of irKlepeThrt4udik &7 Statement olfinan¢ial acbvitst5 8aKrync• she•l C•5h I1$1tMnL 10 110105 to Ihe staknent& 11_16 Pago 1
T8J MEYER FAMILY FOUNDATION LNfTED LEGAL AND ADMINISTRATIVE NFORMATION jmr O Dree5 E F•lkm•n Sefil)r Man¥g¢rn•nt e Neffieth LReden BJnkerB Cthms & C¢ WC2R CQS Sdldtoys 2001d 8ailty EC4M 7AN Audltor LLP 61h Fo gAFg¢4d StrO•I Lrtn ECts2AP Reglstered and prfnclpal addre•s 6 Re Mew4 TlFF L1 don SW7 31 Chor5ty r*glstrnllDn 1Ce7507 Cornpany Tr91stratlon wmbor 039K1117 Page 2
T&J MEYER FAMILY F¢JUNDAYIOM LWITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DE¢BER 2024 The Twsteo8 wesènithw annu81 iepmand Int4a statwnfrrts fcrf Iheyvrgndod 31 t)etenkni 24. Tho $Mi0rrts haye an prÈpared in a(cordatKoWlh accountr4 Sel lThrnte I crylywththe CritieS Act2011. Cowl85 Act 2006 and the FRS 102 StsternenioF RecoffoVd Prarlice lov Chmbes. Obltcts of thE Foundatlon TheT8J Meyer Femity Founthtion its a ieaisteFed cli11h Il (Jarity C¢kwnissJnand 15 a notf¢wafil%ftd cthyry gtsvemod ty 1¢$ M8rryaTrJm and ArtiGT•s o1knoc1at dated 20April 20CQ. Th&dreOr$OfthO charlty ar& truStA iortha purp5 ofth¥ity IW•ThI OwwlWlh• réport are crec¥Y rehryed to as Ihe trust Tiustitss are 8bl& to appty th& to any PLttPO8e or IrslNuUon ¢ut¢J• tr• lled Ifmthjrn and in wch a tbJl¢ b•nrflt Tfuslees Hware of IIT¢ guldanu onChily Puble Benofit arKI c4)nfifrnthlt théyhave eeryl•d vAlh th&thJty h Seciion 17 Ihe Ch•rili•5 Acl 2011 to ha¥0 dua re9ard 10 Thoy CQNdèf I fi1 inf0mtion foDaw& in anNal rvpLt. abtyjt foundatiorS a1rn5. 8Ctivilie5 4nd lèvomentG In th• areas ol Ini•resl Ihlllho fwndoUDn5LPPOrts donn51rdI•S tho b•n•filloi¢S be(6r1es. and It Ihem that 4ris• from IbD5e 8¢ube5. Or9anlsatlon TfUStee5 4rè r¢sponslbl¢ for fft¢ dtre¢b¢fi pol¢¢y•lth• d. 8Lied any I0¢nIdall Io exer¥• ¢rknaymÈnL rnak8 a4 $vbJt4nuY• In to the F•$1. Trvsle•s mo6181108S1 lour t¥Th$ a to con5thrgrafii (mmendatiorl. r•¥ltwinvornnt perfwmanr• •nd dJcus$ maiier80f8 straleolc mIstiaveoJrn. TfU#tegi may be appth'ntéd by. and s•r¥e 41 Iho vall ¢fth¢ T&J Meyer Fwroty F1Ja¥¢Th Lin¢tyJ. Nw Twioes i9¢•n Inthjdlon lo acquaint IhgmvAth th¢ gov•man¢g pulidos 01 fv F¢urtdèiiM, 0$ well ¥sthai1s eXFd ollh•m sn I11r rek. cld tralrriry for Trustees is undertak•n Ihrthgh u1$, sm4n8r6 and conferen¢•5. Grnnt miwng poll¢y The obleGIs •nd povnr8 ts1 thè FadatiOn allwTN¥l•K to r•ty r•iwhwb••p4Y ¢hOrit•N¢ldS. TtrrtoJrrentgo¥w ¥•1 by IT519&S IB t¢ aupport 0rggn1s4tlon$tsJnp •r¢4$ oftt¢alth. •duci and conseThatson I0p IN>s•TrJStin Med. Th• support can t• Slruclur¢d 45 gFanlS. loans or oouity inwg$trnert$. I¢h ¢Jttyslos dh¥en by S14[ arté the oppcrf(uThty lo SLAtn8bkry 50lubC¥IS. Sodal lryw£l pertOM8nce and 31ral¢g•> ai itréiewed Èowd Theuros. arKtth• 9r4rttts)thng policYVI1j •1 leastnlI. Res••$ pollcy Tho curnont wliwof Ihw Foundauon isto hoks al b"m•1 suffident cashaTrJ c45h equht¥l•nts to(o¥er gmnls owratims ts bè paid ov•r thè nexl 12 month5. As at 31 Decembof 2024, lh• tharfty had total feserwsot $18,61S.41ts5 otthi¢h $3.32Q864 r•fiad$ free res¢& Th• I•1 ol froè t¢swo$ h• al Ihtt Èfid o12W24 Is rnore than lh• réqulred l¢r lh• Chanll$ 20Z5 t81 ts9¢1 d $1.200.CW. n&thr• and uih r8seNas are rev1•d èt gtrard mo•tyry. and tho rg¥erm pdi¢y •1 It14¥. Invostm?Dt PLsIIcy Undgrthe Mom¢i•ndum an¢J Anth OlAa•t[C. lh• chwityhas the pmr lo mik• ary InVe5bnI thai IlwTrusteo$ fil. ThÈ c1 pofry oti Fo11n 1$ praserye prte1. sg•Wrs and en90 ¢$1$1•nI arvj r•lable IrKtyM Inv¢siwl porf¢rn•rte •rtO $trthegi•s wè i¢td •1 BOPA rnéetiryjs, and th• Inve$iTrii LY reviawed ai ro831 r¥Ity. Fundmlilny The charity ¢ke$ not erwge in fvndrJing a¢tsvib¢> Srtd no dortthons ar• souohl Iwm pubTfio Th• Foundakn doo5 nol u5• Ildvd pirtie8to 884stl lundrd5ing arKI Ghwrity rKelved no QJT¢)18ints yq¥rregarthn9 118 fthidrai¥ng pr•tht4s. The charity had no fvndrahlng requring thsdoxv L¥msle2A olthe Chari2011 dur¥ig tr¢ fib)•1 year. Actlvlt106 and JChIernentl Th• F¢)undabtsn ¢¢nunu¢s ru( bts th i91• rn8ltyrffj policy 8nd itlJ Ih Ttusthts Ini•AIEan to contiThJe 4c4rg 5 T¢t¥l •ip¥nthr0 for tte yegrwaF $1.339A98 r21r23.. $1.668.OW. N•1 nN)Y4m)t In luNl% IOT the of S3,071.77512023.. S12Z6841. I0• Total Iftc f¢r Ihe year ¥myed ityS537.633 12W23. S467.855). lnyeslmth)I¢ft eamedwas highwthi8year•s a r•wll ol 8 lnrtsase In renl Incom. inleresl and diyirJend5 recei¥od. The FxJndo&M mana9os11$ 8$58ts • w retum basis so Iha¢the IrNe$t5r*nt inctsno Is $iryJy< mponintofth• ovw811 raleot r11& Grants and donatlons 7MÈ Fcundaiion mad•27 gténts taiallvvJ S769.LVJ412023. S1.0rf5.7951. 14 list olthv on pagB 12 P8g¢ 3
TSJ MEYER FAMLY FOUNDATION LIMJTÉD REPORT OF fHE TRUSTEES ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2024 kwostrnent porfom)•n The markèt ¥ue oftha Fourntation's wuolio ai 31 D&tembw2024was s15.).057 (20rJ. s18.686.030. Ths hasboen sFlit fixerl assel 5nye5lrnts IS3.239.929). InlmerI prLwerfy he for sa{$9.048.8?2> and otheJcursul 855elinve5twEnts Is3.343). Al tkns date, tho inv¢sthnt puuolit) is COFwsed tsfPrite eqiily. worerty. and raslL The on inv•5knents and thè In rnkèl ¥Utt I%rèdeèrt satisfacw. Rlsk rnanagemertt Th8 Fovnttaiion's currént n8kmry9NrbI apwoh focwesujthe mglw rtsksto th•dwlty 1$ éypoKedwithh thè foltoA9 framth¥crt Tn15108S rèv¢wth# risk managtyrtht syswms ai lastaMualty. il Cai%lalwE¥fjFvalion ollh endowft imiested in a rfiyersifd pothlK) of a55ets. TDJgleÈs meet repulatywiLh Iho Foundation's IrWéStttt Mgnagèr to dis&6 asseL1(%l0Tr raCorM. r•vlw kèy risk paramotérs. i.re ¥alLtSk, vokiulity 1ov¢ts. and ltywgn ¢xthang¢ ill Rl$kOfnon.pynA10lMffi1s6d4rQrtts The Trlee% (lefine a 9raitm4.ng butha•twth Iln inwknont mathègef. wE)Is 18quw•d to hL4d suf15clt fundti In cash and caah coyer 12 LMnlhsot Cfjwattons F4wned donallw illl Go¥wnance, lIRaoISLI ofsupporfiw smaR•ndfftwy ¢h•rt•s.Th•Tfttsta•S U584n thngw•OJ8 proce35 Yitlh tailDred reqr6¢nets lo •Thsw• wanl•81¢gitirn•w. sc4¥•nty. 8nd Iwesl r¢ ofirtthThled iv) Couniry andpdAicalJlskoflnt•mationalgrnnl ma#79. The 15 gItsMI. wilh 4 thgh ¢¢trati OforgaS81n8wKk[19 In SuWh¥an Afrf¢4. T1 Trusl6es u$¢ 4 fv¥k R¢Oisièr toid•fthfy •ndirni¥itstp¢itffjlial rtsks rTh1?n9 5tsalB9i95 nd 8cVons. Includlng s11• v151ts. •qulv4oncy d•tvrn5nabw aThJ best pracllce welocols (9ood 9overnJnc•. c¢k1•5 ¢1 dIa, •nll.Iraudlbdberyl. VI GIOW Trt¢¢ort1 USats¥suffjpe8n ItK¢h7abQrnl. engolng poucy $Nfts In globol trAdè •rnd I IMI •1 intematipnol ald wow51on by US and European g0y&rnmr5 consiilul• m8ierial n$k$ the Foundation'5 fvtw• pljni. Inv•skn1e aftd oranlmaking $trateQl8S. 8TrJ tJd9elirYd proc8ss•s. Th• efl•cl ) 2025 aCDWitrèS hve beén considèréd hi Note 1.2, Gthn9 Conrn. The fiusleas have rw481j th• Fd''S iiik mrernent laeLa in fitht Ollhese risks and wo s•tisfied th Trnii¢drto #no mitigliM syatsms ITh pl•¢•. R4l•l•d parths and eoatsperntlon wlth otheror9al¥allons None of Ihe frusw85 r•c8tv• rerThJneratlon frorn Ihèir wlh d(ty. Aty beNMon a busleo w sqnlov lIh 8 third paty c•nlraGtL¥ mLOi bL dlidos¢d to IM full eowd tsf TnJstst& sior•m¢ni olTruitees' r•sponslbllltS•8 The Tntsiees <0 ar8 8lso direciers lor Ihe wrpase5 of Jr• r•¥pun¥lt4• le< wpArirtq IhÈ T$160, Report and the onrI #iat•Mérts In •Gcord8nco Vth epphe8t4• law Uniied Ifirwm Accounlirvj S14ndardS IUnrfwJ Kir&dcrt G?ngrdly Aw•d Att4Jnllrq Pfact irttjyth'ng FRSIty2 Th• Fln8wI ReporUn9 Stsndwd •p1b in tho UK and ftowblK ol IT•t•d. ) Cwny lthy r•quTf•S TrusM•s l¢+ prwr• find 8¢aiem•nls fu exh Ilnand81 year tll¢h 91¥0 •nd latr of stat• cl atl&r5 01 lh• ch8ritabl• cornpary Incomlftg iasources and applKat'¢n ol restyJre05, Indwjlng Ihe incom• 4nd •Jpvndilw• ¢1 the ¢thwiiJNe CampY for Ihal p¢iiod. ITh prepAri Ih¢s¢ finondal 810l¢WnlS. lh& tswie¢s 8r• rèquired lo. - sélèei suit8bl• d¢¢amllng WF¢l•s arld IM•r• apply ¢htl51$t.' ob3iryq Ihg rn8thody aNJ prIncipS In ihe chan1& S(JRP. - mokoludG•monis a.-.d •5irnales ihai ar• i•¥s¢DaLqe arxl prIeI, - zlJl• belhor apptlekbte UK Atttsurttity $ldarli8, FRS 102 hwe been l¢)Ifo%d. 3ubj•d lo any maierial aep8rhw 4S%lwed •nd eXpld in finandql 51alW4nIs. - State Ythether ¥ Sl6lomont of Recomm•ndod PrnEi¢• ha$ b•én aprAd and hAs been 1011. to aThy m•rbal dBPrfLxe$ which are •¥)lalned in Itt• flnn4 slat•mn¢S. nd . wepare IhQ financial SleA on the ooirKJ cu%em basls 7•5% N is io Fiesuw¢ that me ¢knoritable corrtlrwJ8 In J$in¢s& The Tru31e•5 ar• r¢swi$i¥le fty ketpino prqier r¢¢ords Ih•l 1Sxlos• Ms0ble •wJrn¢y èt Ihe fin8n¥41 Posit of th8 ¢hantable ¢Lxryany and onJbl• Ihern lo ¢n5ur• th8¢ fmartyal stalemwils ccryily the Cornpari•• AGI 2ff6. Thoy arè 41s0 responsIb for 5Jlgg¥ardlng Ih& a$$èts ol Ihè th8ritaoi8 compawwd henco reas¢YWtle sleps l¢v th# prevtrMon detettI ol fraLJ Oihw irregulwlbes. In 50 as theTNsl••s orfj tt•1o Is M roltvanl audllhforrThitiA afthicTh the coftyarfsauthiWiS un8[0 Ihe Trusiees have taken all sieps thai they cughl lo have tsken to m•k¢ themsd¥¢s r¢ ol •ry )thlit informtiticn and lo eslabli5h thatthe guthtor is aw8re gf th•1 infoorL Tlis rèw has been prepared In aBeord8ncq the $pff1 fO¥i$1On& ol P1 15QttheCL)Mples Aci 2Lf& Approved by Ihe Yru5teps 0 ¥d¥ 2WdS sign¢doni15 bphallty. Meyer rustqe P&ge 4
T&J MEYER FAMLY FOUNDATION UMITED INDEPENDENT AUDITOR'S REPORT TO ThE MÉMBÉRSOF T8J IAÉYÉR FAMLYFIYJNDATI(I4 UIIITED Oplnlon Wo have audited Ihe finc4al of T&J M6y•r Ftta1 Lknlied Clhg CthTpaW) f¢r th8 yoar 31 Oetymb¢r 2024 ccrylse Il Slaterneni of Fin8n¢i81 Ac1vit5 lincorwang the knry CoMe ond Eypenthwre Acco1}. the Bane &EeL the Cash Fltsw Ststewl ond notes to tho finandal staiemènts, nd1Th9 a sunrnary ol signlTuTht poSae& Th& finJc4al roporbny that ha5 been appllod In their Pr¢parat 1$ aFplcable la¥ and Urhied Acct gan¢lJds. In¢dIng finanrial Rewting Slandard lir2 The FinJrK4al ReTh9 SA8ndard ApplicaLle in UK and Irel6 (Urriled Kingdcn ClyA¢¢PpIedA¢Crth9 Praclic81. In OLW op1n. th• flnand¥ siaieniwts. - G¥ve a true ond lalr wew of Ihe state ol Ihe tharilatsle comparw'5 affoi55 a5 0131 Derryrtxr 2024 ol 6t5 11KDl regthrce8 a1 application ol resowces. incWin9 Sts IncofiNry and tynthlur•, lor ts y¢ar Ihen erKled.. - have boen properly prepared in wth Unitéd ¥JThJdtsm GentslY Accepted AcethrttirKJ Practico: - ve bèèn prèparèd in act0rdar th& ol1 20CO and IM ChwlU•5Aci 2011. BaJl• toroplnlon Wè condJ¢d ¢ur in ace4rdanc¢ vdlh InwnaW0nal Slond¥ts wt A11114 IUK) IISlgUK)l ar•Y awkatle I. Our t•5r¥JnSl11tlO5 uTrl•r Ihpso 5tandwds we fvrther dwritr•d in the Alt91$ RtrsptshlmI1Es ky ts èuthi L4 Iho 1th8ntial statements section ol wr ieporL We ar• iThl•p•ndèni ¢h4riiablé tompany in atttsrdartee wlll lh¢ ¢tnical fewifemwts th ar¢ r¢lovart io tr a&trYit ol th• financ4al 5ts1emort5 in the UK. Iho FRC'S EINcal Sl•ndard. wp hav• fulfilled txjr othèr eiibc roskn%lI1•0j In 1rdnCe1h th•s•fewinnerts. W• belleve thalthe •vldÈrté hive obt&lned IJ strffidentand ÉppropnÈiè tts ptovidts a $15 foreur¢¥inio Con¢lu$lons r•liiing to golng ¢onc•m In aud10 th• finanal #t&tomen¢$, we hOV¢ Cord9 th•11 Iws¢•os' ollh• oc•ryJ ¢•n¢•m Of•Xrykn9 in weparatEOts dufiNan¢Eal st4iempn15 Is apkfofxiale. Basod have 9qrforme hav• notldtNifi¢d •ny e¥rt"ntseS rnl•iiw Ofc¢rdbMS thal. Ind1&1#yarcdIectlvely, m8y C8$1 $1gn¢ficant doubl on the charitable cc¢twnYs ab51ty lo xnlnue w • E+Jnc•rn lar a p•dod olal leat ff)nth$ tr¢xm when the finarrA•l slatemonli are atsthonaed tor IlSIJè. Our 1•5ptsn¥1lilI•5 and rn5ponsitllilles ol Iha Iru$tees ith resp8th Io gilty 8re describBd In thorelevanl sectlon¥ oftNs rèwL Other lnlorni4tlon Th¢ olhw inlormobon cornwlses tha Inl¢rnuDon ITr thtr r¢pJr( ¢lh¢r Ihan th¢ fi¢wci41 and ¢w ad¢¢$ r¢port IM•reorL Thè Irus1•6$ ala r0$wnsie tor th6 other hlorm8lon. Ow opnion Ihe fina01 $tsVants doe6 nDicovw othBr and. except to lh& extent Olh8MqS8 expliciity slated in our 1opJrl, VA do not •xwes9 c4 •¥¥wanc•rnnchJ¥loD Ih•r•on. In CnectiOn Olff audit ol th8 fin8nciaF Slotwwnls. ¢)w rwwsily.lity Is tg r••d thw olh•r Inforrtbattw rKt. In dolng SO, Clwider %thother lh• olh&r Informailon 15 mat•d8lly In$•lIenT the fin4rt¢i41 $ts¢•wnt8 ¢t ourkntytrl¢dge obla11n Ihe ayrfil eK¢Ihts1 appoars t¥ rnalelially th>8tated. Ir vrt Identsfy such mei¢ri•l Incon6ist¢ndes w •ppargni rro¢en mis¥14•mN$. w• ¥• r•wil to dèithne vtheiher thwe i& 8 material m155t81•ml lh• finand81 $ternen1ts C a m8ierf•l rn1551ai•rtKinl ol olher ifil&rrMIsDn. li, based ¢)n have PerfOnrl. we t]u Ih81 thwtr i & matèrial S$irtent ol Ihis cllwr Informati¢n. w? èrt reqLvr¢dio report Inalf•¢L W• hav• notNng tg f•PQrn In trls r¢yid. Oplnfon6 on olhor matter5 pr•5¢rlb•d byth• Companlts Act 20t4 In o•ni0n, based On th¢ w¢rk urJert4ken lh• c¢dWof1 au¢Nt . Ihe hloinwtion 9lven In Ihe IN5te04' •nnLi r•portlor ihe yew for b4M¢h firt¢141 •f• w¢par•d Is Mi31tnI the ffiBnclat stateme5. 8nd - the tru6lees' annual r•pcrL hHs lJo•n pr•pwwl in 8FphGthlo al reqUvewI$. Mottwrs onT*thSch w• are Tr4uld to rEport by trP1k1 In thD Ilght of the knedge and vndorslan(Ih9 Ot CCnVAy its otknined Ihe of Ihe audi( have r¥)t Identllad material talements In ihe iNsiees' amual rew Page 5
T&J MEYER FAUILY FOUNOATIOFJ UED
DENDENT AU0170R'S REPORT TO THE MEMBERS OF T&J MÉYÉR FAMILY FtXINDATr3N UkllTED
We ha¥e nothing to report in spe of Ihe fojlwirbg mjtter5yAIt Chwities Ad2011 requ u510 iep0rtllby( if. in owcVn
. thè inf¢xmation gven in the TnJ5tees'Anrw81 R•Wtisiran$iStl in any E)Wterial respeCtilhth•fowrI statémort6." or
- tho fin0n81 stetfrm•nls ar• norn greÈnrtwth Ihe aCcnn9 reco$ 8nd w•ttvns". Lf
- tho ¢harrtabl& CCInY hag noLkew adoquatè accounbry recud$. or
- Ihb financl81 statomanis ar8 noi In agreernentwlh lh¢ atswnlirtg red$ aThS iebjrns. or
- we have nc4 recved al the infcThliDn aTrJ eYplaryatyon5 reqwed ftv our
R•sponsibilitÉs ol Iru8tèe8
Ax expttitsed nre lully in tho Irustees. ¥esp¢n51Miies stxtemÈrt sel ¢Art art pago 4. the trus0& (vh) w• th the diféetors of the thaffta? eampy for
rhe purposes ol cOmpy1¥wI are rosponslbb for thÈ kY¢paratiJfi thè finènoa suiemgnls lor b•ng 5ali5fied Ihal they glve a irue fair view. Bnd
f¢rf Sh Internal ¢trol 89 the tru5te5 dfrtorn4n•1s 53ry lo enab[• Iho pr6wation ol (5n13151aleMnts th81 ara fléa Ircm Maleri nysslal•mtnt,
alher the lo lia4 w •Thor.
In wep81in9 th• fin•nclJl at8M•t. th• truithéx Itswi&1Or91SQSS1ft9 Ihe abilty to aB a ¢L¥er. aixb6ing,
Os swlcabkn. ¢natt¢rs idatt are upable of deiodJNd
irrrfuloriD¢$. Indtsdlng Ir•ud i¥ d•lail•d b•ltrw.
&xp14n•tlon 46 io what •xi•ntlh• atsdltvrts eoMEder•d pbIe ol delcllng Irrng•rfIkn, lrycludlny Imud
Tn• ¢bl•¢Uv•) ol wr au¢lt In rospect ol wr0, 41è, t<+ idents.fy ond d6kS ol Ir4tarf81 MB6t•nTrI ¢1 lh• st8iémènts (lue to Iraud.. 10
oblaln suffid8nl 8Fpropriale 8udil 8¥KIen r8swdh9 Ihe •13[1 rlsks ol m•ieri81 misslaiemeni to fraud. Ilywh deslgrirs and ImF4enxnVDp
appropriale responses to Il¥)se 8550J¥qd risks. And to rspMtl 4)Pfwatdy toinst4re¢s cl frnud •r 3Usped¢d fraud i4entifi¢d IrIng the 8udlL wth¥er,
• prirnary responsikn'lty l•r lh¢ rasis wth both man49emenl Ih05e rh4r98d 1th y•marKa of thj Chirtlgble
cernpany.
l)Jr appr wa• •• k41ows".
- W• ¢Èi•ned thidèrgtaTrJlw of the i¢yI #od r¢gulatw rwIt¢s apPts.b1è loth8 charitabcOMPenY JTrJ Wldre that the mosi
51onlficant aro Companies AEt 2(IK lh• ChgO11•¥ Ad 2011. thtrth¥ity SORP. and UK finanrja sthndards 89 Issued by th•
financial Reportmg Counc41.
- tsbigined 8n understan Ofknc Ih•chartthW• ccffiparty Gw)p15 lIh uie'."._uireAThts by thscusons manigwrtnt gTrd
¢harged wthooY¢rnarto.
- Vve asyessed Ihe ri¥k of rnoterial rrllSStsttyrnntal thu ¥en5. tyicknying Ihe risk of ff•t•fi•l ¥SIatnI ¢SJo to 11a# howit
Trlghl ocr. by hofdlng dlscu¥sions rnwerneni and ih05• govern#tKè.
. Wg Inqred ol m•na9ernent and I)• ¢1w98Oilh9uv•rna $ 10 knts%ninst45 oliwnrycompli8Tu or gJspÈLed noTr¢omWiance
th IM and regulaiions.
. Ba54d thls undWSlthty. we designed $pe&ll¢ •ppmprl• woeeth¢ÈS 10 haÈAtify ofnoTrcornr4iooc¢%%ilTr) laws
ie¢ulation$. inetuded Man0 enqdries drywiooeffnt aryl Ihosv thorged llh goveman¢e 8nd oblair¥w addlonal w¢Jborative
•vldTrno 8$ ityqutrad.
A$ part tstan audit Iri accotdance%Mlh IW (UK) exeI$ePrOfv5S1crn1Iag¥r¢fyI m•HV4in Prof%1¢91 scepucisffl IOah¢t1hÈ )udil. W• ¥lso'.
- Idenbfy and assiss the nsk6 01 matedal owv ThttherOJ• to fror trtot. design and perfm •uthi
proredures rE¥ponsi¥e tollK>se ii8ks. and otth"naI eyithnre Ih41 i¥ jhEnt ¥nd appr£•riate t0pr¢ a bJ515 for vwopiti¢fi. Th? or
notdllecting a materiat rrisslalemeni resu9 fromfiaud Is 1kn lor resulbn9 from error. 85 fraLKI rnay In¥¥ coltusion. forgery,
irneNional omisslons, Dsreye58niations. LY the oveNidè ofis)témal ets)IfoL
- obiain an In2t$lThO of Intem eentrol ielev8nt 10 ihe4sKtI • order >#yO11 wo¢¢dL¢S that ar8 awrowate in the
but nol fof tre wrppses ol ExrAessDio an opir0 onthe eifectivere55 olthe tha15tse rnwany's ifflemal coThtrc4.
- Evaluate Ihe8wropNatene55 01 cOuN$Twa pots'ries U5ed8ndthe rèasornabl8n8ss olaccwntsw 1r0•(e5 and related i6closur8s mado by
lh& trLLStees.
- Conclude w Ihe Hppropriaten¢5s cl trustees" olthe wn¢em baSkS ol and. based on Ihe auoll ewdence obtoinèd.
vknethfjr a fflatpnal uncertainty èjusts refalod ioevx5 C(mLllion5 Ihal may casi swhcafit doubl the charitable companW$ 2bilily to
¢oniinue as a goin9 £trKem. Ifwe Cond that a meriaT LrKertnty eiis, wèe rtquiftrs 10 d¢v8tten11 in w aJdil0I5 iepDrt lote
felaled d15EIp$4He5 in Ihe finanaal 5taleftEntg or. it%h disdowres are inadp4uale. to tIdIfy our0nion. Owconclusims are based on the
•u¢it evidence abtane<l up Io the date ofwr r•pcrL HL4wer. lur0 Èv4nts Wt))rtQitions wcause the iwilabl• coryawto
ceasè to CONintse as a gc4rvJ corKerrL
Page 6
T&J MEYER FAMILY FOLINDATIOhl LIMITED INDEPENDENT AUDITORS RÈPORT TO THE MEMBERS OF TU AIEYER FAMILY FOUNDATION LIMITED - Evaluate Ihe overall pre5entabon. struclyre ornl ctsriteftt ollhe fjn)cial slarenrts. ind• Ihe <risdosLs. arKI thlhwihe financ481 siatémenls r8preseTht un¢Jerlylng tran5acUons in a matw IW athev¢s f•r pr¢sentaien. - obtain sulfiupnl approrMi31e wdit evidenry Ihe Informa16on ofthe entities iy bu5ine55 aEbTr•ties thtr charilable Crrary Its ttxptess an opniofi on the nsIdated linanci815tatsmnts. We responsthlè larlhè (fwècbon. supÈrvldon and perlo¢Th4nc¢ ¢f the aurt. We ¥ernain 501ety wesponsible lor our 8j1t iÈp we Corrrnnica Yhlh those tharged g¢vemartt regaidino. other mtws. the plaThied 5Eope ond of Ihe awlit $19Aficant audit rindin9$, induding xny#iynificaM dofioénties fft in1wl traI Ihat w Klenh"ty durlTrJ OuraL Us of our report This roport 15 mad8 501ely lo th• charills truees a$ a body, in arce wath Chayer 3 o( Part 8 of IM Ch3riti•s Acl 2D11. Ow atsdit wyk has been uNleMaken so thalwe rrltht slate lo the coThpany's membeps thos maV¢vs are rnwired lo slalè 10 them n an •Jdilo¢s reporl for Oth purpose. To the fullèst extent perrrHlted by law, w8 do not 8¢c•pt or asM0 rewsiL¥lity to aty party lIrt tho dMnty and tharflY¥ twstws as a body. tsr a11 wwk for rfjport. or far Iha Opinion wehave tsrfrned. rt. (£f 8 July 2025 Lyk¢ Holt (Sonlor 18j10ry Audilor) t¢x and OA behoifof lfjryslon LLP. S1)ryAdEar 61h Floor g AppDld Sts¥¢t London E¢V4 Moore Klngston Sh LLP Is dllllbl to o¢t 4$ in ¢¢mw olSKlknn 1212 fAth•¢Thmwi•¥kl 2{. Page 7
TSJ MEYER FAMILY POUNDATK)N LIMITEO STATEMENT OF FNANCIAL ACTMTIES INCLUDING INCOME AN[) EXPENDITUREAccouKri FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Unrtstrtctod fur 20tJ UN851nEied Income Inv95tmeni sncorne 537.635 487.855 Talal lfteomé 467.855 Expendllur• on: Reisin9 funds. Inv•5trxnl man89omAi co$ ¢harflable actwilios 45.57• 1.293.328 23.98B 1,e44.018 Total gxpènflrtu 1.338.898 Net lexpEndltUTÈI barn I10s8è%1 I galns on Inv•strn•rrt¥ 1801.265} I1.2{,11) Net Uossq¥l I g&ln& on rev8bJ8tlort of Investments Net Ilossasl /gnS on Inv•sim8rn5 Ntl 9aln$ I I1¢s$05) on forei9n exchangeof inv8strnenls II206.76• 55.277 II2fj2,Q421 291.843 n4.798 1.088.439 Net IExpendlturel forth• y•ar 13.063,J071 {133.7121 Otherrecoynlsfjd119559$11galns Oih•r not Ilos$es}Ig•in$ on ex¢h¥n 18.4681 11.048 N¢t mttYnonti In fund8 13,071.77S1 1122,8641 T¢)tsl funds broht loThvwd 18.687.240 18.80>.904 TO1 funds el• lo1 IS.615 18 887.240 Thè stalemertt ot rin8ncl81 rKUvili•s Inde¥ an g¥ns •nd losses wr*$ed Tnth• yw. All Incon9 r050ur¢es and re$owc¢$ eon dtrN• fr¢m Mniinffj ¢>pWal1$. Th? nol¢s on pJg•¥ 11 lo le part èf fjrtgnoal $tOt¢m•m$. Pa9e8
Y&J MEYER FAMILY FOUNDATK)N UMtrED BALANCE SHE AS AT 31 DECEMBER 2024 2024 Note FSxed assols In¥èsknents 10 3,234929 3.210.777 Curront A&$èt In¥8simeni Propeftss (He k S4k91 Invèstmefits DablQF$ Calh atbank ar•J In hond 12 12 4016,87Z 11.457270 4,017.991 2.100 128.260 15.805,621 127.276 11$17.404 CtOrs. arnounls lalllng du• wlthln on¢ ar 13 141.818 129.1 N¢t ¢urr•nt Dssèi$ 15.476.483 Total 4s¥•ts 1•ss curnnt Ilbllltl•i 15.615 485 18.e87.240 Fund8 Sh•r• upit•l Vnreskncled resÈr¥ 14 155 1561S310 155 18 887.OBS 15.815 485 19.887,240 Tho ace015 have beon preparnd In I¢¢¢¥d¢t ¥e¢l P•rt 15 Ctyyl•i Act 2(Th. Th• act0#ere #pprowed on 14 . 2o.zg srgn•don its bqhallty M¢yei ru¥le• Cofflpany rtrolstratlon nurnb•r 0117 Th rttsies on pl9 11 trj 18form panofthese Page 9
T&J MEY FAMLY FQUNDATtON LIMITED CASH FLOW sTATENT FOR THE YEAR ENDEO JI DECEMBER 2L124 Note 2024 2023 Ntl Cash ISed inl oper41ing odivilies 15 11.324,0891 {1.6n.2>n Cash flows from In¥esWng 4d5vltles AddllloThs of investmenis Otherinvestmenl01rbYoIs OividEnd Interest in£¢xHE rqc?ed Rent reteived Not cash provldèd by In¥é8tlng actl¥itl•i {103.529 869.W1 1,216.265 498.404 1 323 1DS 431.970 1.684.120 Changè In ¢Bsh and cash equfvaknts tn theye?r 8.823 C4sb and cash èqulvalènts at béginning of y•ar 128260 121.438 Cash and ¢a$h ¢qul¥ihMts •t •nd 4ly••r 127.276 128.2&) A; Analysls of cash and cash ¢Ql¥alentS 2024 2023 C85h ai b8nk snd in hand O•posits 127.274 1280 Toial cash and $h e9ulv3lents . An8ly515 of (e5 In net debt 019n44 C4•h Flows 31-Der.24 Co#h 126.280 19841 127.276 Loans f811in9 due within ¢m• year Loans falling dufr aft•r rnore Ihan one year 128 Page 10
TaJ MEYER FAMILY FOUNDATION LiurrED NOTES TO THE ACCCaJhlTS FOR THE YEAR ENDED 31 DECEMBER 2024 1 AcwunliDu polir 1.1 Basis of prEparat10n The FwTrJ4tion Ls a registered th¥4ty and cowy ¥w•led by shar¢s IrKorra¢ed In England Wak5. The COranY is a benefit enlity for purpDses of FRS 102. The financi slalErnwrf5 have been prepared urmler Ihe lystoricol c05t Conv110 and in awdonGe Aceounlirw and Reporrino by Chtiitie$' Staiewri of Recc•nmended Prauice appkJNp lo ckniie5 Ihor 8ecounl$ in acwrdenc8 ith Ihe Financial ReporNrvJ SIdald in Ihe UK and Reput4ic d liel8fKI (FRS IW iVrvj update tsjllebn 2. Ihe Financial Repth"r@ Slandard app5G8blE irt thtr Imited Kywm 8ThJ Rtwbficof Irelaftd (FRS 102). thecbwities Ad 2011 #nd the CtrDwiesAcl 2006. Tho finw441 518torngntx arg In us o)llars, 1$ thè thJrKbonal ol Ch8nty. mtary HIrntS In thè finafjaol staiémnts aré roLnded 10 neare us dc41ar. 1.2 Goln9 ¢on¢•m TNO TtstePS assèssdd wh•th•r the Lty• c4 c£¢•M Is spwwiat6 th pFewTrJ finanrid 5totsrrffjnls ha csidr0d possib[¢ evenis Iirc¢ndi0n% Ihat Trghi 5143>)t on rf thant4bl• cgrnparbylo as a wnp The Trustee5 hav• de Ihs a$S•55fnI lor a period of at Iva51 yw frorn Ihe ol Ihe approval d these slalemwis. In parbculw. the Trustees con51df rqd hD Irnpacl Ihat prevaibng 4cenMuc conthlion$ such as ¢?1 3rowI(I gl)bal tradv plAv$. IrrfatiDn #nd u#eresl rates had and conlnue lo have the Foundaon'5cpvralm5 an¥ tsec4st5. ond hyv• lkn ofpfessures on valuats"Dns and incom•. Ihe 21rd4 rental Incornt 5tr•¥rn5 may not im 2025. these noie>pecthd b nweNally arftct the Found&ivn's ¥bility to conti8 tp awraio. vtr 4r¥ThiJ or supwt ils Lneficiaries Ihe ne months. The Trustt•s have IhTqfttr cor1¢ Ihal thwe Is roasonBe expeua1 Ihai Ihe ¢hanty hos adeqv• w•¥owu> lo rmllr•Je Lwrational >islence for the fornsoeal)l• luwr•. Th• FoLmdallon te10T& eOnbrnS tolopi thèw¢YJ ¢ortembasl$in wepariw ils finanval at•m•nls. 1.3 In¢om• Oonaiions and invésbThni Income w• iewlwl vknttn rectigl is prabawe. th¢ ¢h•rity1$ ¢nbO•d 1¢4 lh• In¢thrn •mt#Jnt 1$ m•aswabi•. Inv•mtntS donaied ¥• Ill¢l¥dOlJ Al to th¢ ¢lw'ty efft•dth•r• ¢ts0 woThUfl•d. IA Expendltur• bpendiluro Is r8¢ooniseiT h Iho P9d ITr whith il Is EwdihW• 1ftd 81tr1tth VAT n¢t b• rocovtred ithd 18 011•10 ko lral¥1tyyknele Ihe cosl rele$ Io Ihat acbvkty. dllurw. whlch Is thwgtrd on arn acuual$ baBis. is dlocale¢J befvfftn I costs ol rslnq Inthithnll ffonagw Iws anLI rqnt•l gywns•4 •Tr3 ¢xp•ndilur¢ on ¢h•rti¥t4• •¢Nvib"•s Ilu08$ payabte ofowh•8¢J40d %upwl $¢ Support C$ Indude c•ntral IwKOoThs nd h&Vt tse Alltsled la a¢b eoiis catwos on a b•sb• consis11 •r¢ Ihe use Of f¢g¢W¢¢S, •.0. siatl costs by Ihè spN 0011•t$0fjr usag•. 1.S Gtthnti piy•blo Or•nl¥ mad• attthnt•d for than want has t4en 8Fproved by Ihe TN51ees and no11fl In ltsth• bènèf¥. &hJtti yef praths arè 8tt4uni•d lor ellhw Iho r•¢11 h•s b reanbIt eyct•tion I1 they VAI fecYe a grlftt ld th• Twstet$ hov• 8iYetd 10 Ply lh• granl vAthout 10. or tha reeiÈnt h8$ ltwonae eyeiaiiori UWI Ihty ittr• a gr8N and any con¢itiOrt wth¢hed l¢+lh¢ ar11$ oulaid8 the contr£4 ef 1.6 lrtv¢stmont$ ErtvesiM•nis as fixed ass4 8ro reV?ed 41 shed dai artd th• 9•n ¢¢ loss iak•n to the S18ment Fthandal Aciivlljes. Extharye g8lns ¢r lassès ort in¥¢$tts JewihoW in Iw¢igA cer ¥# 0 in g9ln9Ao5xJ Qn I[trPnI 1.7 IrN•Stmortt Prop•rllts Investment pper¢s •¢ inthded at ¢p?n mwkei val. Changes b) Ihe v8tue ol grv l¥k•n w th• St&témenl ol Financial Al11193. Exthztffje gdns or105se9 C Inweslmenl Proper'e¥ oreindudetl ingwnlwx5oninveyimMts. Any Inv?¥tyMnl prvpèrtiès du8 ba dWthInC•10Ye8r aro incIjethlTr ¢pJrr¢rrt 055•llrw051mw 1M Finartcial tfisiAffleM$ il Basic FY%incialA5selS Baslc fjnanyal wsel¥. fr•de Wd0trI¢¢¢1Y•t•e$ and ¢•sh ¥TrJ b)nk b8l¥Kes. are Trmtsally ff8sured •tthe amowt r•celvth• end ¥tJbse4uentJy •JNKted for i11rent0lolheVV1e in 5111) ewted to rtterrfed r•i 5eUlwnBnL 111 Fin¥1 knabilities B9$4¢ nIn&¥i I1&ille$, ineluding trade wJ othef payat4es are lrfllaly m•Jsurnl ai ihe ptyaw bs0quÉrtuY a4Lsied for any Changès incon6ldw* e>yethed to be pad SeNInt. 1S Urtréstrl¢t•d funds Unrtslnded 816 dtrnalKEbS 8ThJ othw incon9 resowc85 receivrtle for Ihe obJeGts gf fv thJTitywithwl frjther spe&fied PUfPOS8 anil are av8dable &s general fLmds. Page 11
T&J MEYER FAMILY FOUNOATtOhl LIMfFED NOTES ro YHE ACCOLJN7S ICONTINUEDI FOFI THEYEAR EKOÈD 31 DÉ¢ÉM8ÉR 2024 1.10 FX etsnvèrnion rates Ch8rit•bltr thatiOr havé tonvertd at Ihe rate of exch&i90 appbtrA9 cn Ihal day. all CO have be) £orwertad at fv averagè ra for the year. £1 the équivalÈnE to s17861. All e105irrfJ bala$ haw >0 ¢Mw¢rW at lh¢ ytar ¢nd exthanoe rate. Tre exC0e ialt al th? year eThSvAs thai£1 was wivdent lo $125651 1.11 Cash and cash equivahntS Cash ond cash tnckKt• fASh In hd, dèposits bank aThY other51ffitwm Iquld D1v•sirMits wlh ¢ttgln maiwlllos of thre¢ rronlhs or l¢$ 2 Crffl¢•l aputIn vstlrnatas tts of judgement In prepar5r financlal statements it 15 necess lo MaerextwnNgeentS. estim$ and assurOn5 Ihat affect the amwts rttoyni8ed In Iha stalemerns. The Truste•5 consKl•r fv esbmttes irnfolvd in the v81uats.on of i850t5 tv have ¢ffe¢t en omounts iecognl$e¢ $taiernpnt5. As p?r a¢UbnQ pc4Ke$ 1.6 and 1.7. InYe5tmenLs arn St al market va¢ In the balAte slweL Ch&nge¥ in Ihe rrwktl vol areincluded in the Slalemenl of Fin4noal Acknvrfit¥ as reabsed and Lrf•akn'sed Itwe5knent gains or1055•s In thw yèar in vhtich ari5a. Inv8siThnlS denomrnaied in Torért tutyértues ar6 wajuéd at year4nd faios of &xdwgfr. See Nole 10f¢r d•tsits ¢ft th• valual rrthod5 U50d kn¥esmont5 and a55Lrylians wnvA4rb lh• v4Ualn$ are based. 3 knvo•tmert Incomè 2024 2023 DIvt#•nd rni•r05t reEWalle Rent recelvatlo otrInV¢S1rtl Irro 32,167 2,45 498,404 31.337 20,109 431,970 15.561 487.855 $37 6SJ 4 Gr4nts p4y4blg C¢)unlry lrnpact•d 2024 EDUCATION Buildng ToWrroW F¢¢¢tya¢k Madag•5w1£81.Vd31 Educ•t?I Funik Rol)oU¢s Lln¥l•J Los Ljlvos Sthool FndIb0n Pepo La Turnwnl 1£10.thJOI Roys Qt Ho Santo Ynoz F•rity S¢h•ol Shfvi81£11.F681 Str•tl Bu51n•55 Sthaol VtrMF¢x Gltl$ Inc. 75.QDO 94.0 so,or¥J 10,000 7.OOD 12.124 Maaagas¢4r 79,164 u0d8 USA Kenya Mll us4 10.025 10,QC 10,0 30,078 25.000 1,500 1S.059 GIDbal s1ht HEALTrICARE Angk¢r H¢Sprt farGhildr8n Oandtrlicn Afnc& NakL 'rgct Rell•l Easièm Congo lsli8bvè Iniegraw He31th 40.QDO 10,000 75.0tr) KoAy US4 ORC fyjinta Gh•na Ugand Gh)bal U9thJ Madagascat UK&l>¢thl 10.C 50.C KHbubhJ Dvvelopmenl Proiecl La$tMile Ae8llh Nama Crffwlty C•nb• PIVOT Woths Roy21 M4rsden 19.40) 200.000 40,QC(J CONSERVATION Another W•y1£l0.( Beaver Trust1£25.000 819 GNO Tru511£10.OLK)I Blwvanturés IE20.OCfll Cllmaie Rellere JusOce fuNJ Cree$ Four•Jation EdEn Project. Youth En¥irorffj¢rtsl Swvice 1£33,IX Gr•8n N KL¥)l Tan8lE2,620) Gtobal Gr8eWrlS1£1O.O¢j ONG d8 p&$arroloOe¥ (¥portunity Green1£50.¢MI RiverAciion l£%s.iJJoi TechndoayMailer5 TeTrTWa1£15.OWI UK UK UK 12.930 32,013 12.624 25.248 31.087 20,995 GkbBI 15.IXO UK Madagascar Glc4)al 42.704 3.Z02 12,718 10.OCQ VK UK 63.128 1S,Cth) 18,863 Makn 18.935 Loeal commL5ty & ReseaY¢h AOVANCE1£5.1fJ Conduil Club (e1.3001 Enyironrnental FLmdeE5 NetPdDrk1£1.S F•wwd Global Tho Fundin9 Nthark132001 Tru55dl Tru 1£20.fXQI 12.575 UK 1.631 Gthal UK 12.orx) 4,138 18.361 25.1S0 2024 Grants Total 2023 Grants Total 763.094 1.045.795 Pago 12
TSJ fAEYeR FAMILY FOVNDATIQN UMITED NOTES TO THE ACCOUNTSICONTINUEDI FOR THEYEAR ENDED 31 DECEMBER2D24 5 Exp¢n
T&J MEYER FAMILY FOuNDATN LIMITED NOTES TO THE ACCOUPITS IcoflliNuEDI FOR THE YEAR EPJDED 31 DECEMBER 2024 9 T•xatton The ¢tNY Is a regEStered tharlty and m pro0Th iscons5derqd necossaryfor laxakn. 2024 Total 10 Flxed 455et Inve5tment5 Unssted 23 Maikei value 81 l J8nuary Additions lo inveslments ai cost Nel {10sse5V9&ns upon revthètiD Markel valu• at 31 Oecomber 210.777 103.529 4.37 1210,777 10J,$29 74,377 3,239.929 1074.137 136640 3.210.777 lrtvèstNnts in lunds held in thè Llrll•d Stst•s¥rvJ lh• Uruted lfjffjdDrt 11 D•bto 2024 2tr23 Qhor debl¢xi 2.1fy) 2.1cl 12 Currnnl as$•E Inv•stmont¥ 2024 PrortY (Hdd lorSal•l 2024 23 Prrty for S81el 2023 Imiostmonts mketvaIJ0 al 1 Jary Reinve$i InGwT• Invè4knent Funo Mmgtr F•t> am p•ynKgnts Olhor Wthdrawal Nèl In¥è$irn¢nt N•i1105s9syo•ins JRg yur Mathel v41u• 4t 31 O•r•rnbqr 11.A57.27(+ 4.Q17.991 39.46 142$51 1317.7531 1613.5161 42.985 170,J33 10.8S2,380 4,896299 53.940 14.6461 1753.eLY)I 1503.1381 25.991 301.445 4 017.991 410.398 9.016.872 804.89J 11.457.270 Th• Idlvthng In¥esbriiits ttc¢tht formty• th•ft S% ofth• to1 Roy81 Bankofcanoda USD BDN wth01117f25 IthVS2.202.854 1024 2023 NotsUK li$i•d Inv¢simerts Non-Llste& Invrtkn•Tht$ NOu Cash UK NOLiSted Invèstrrtn 1995.H9 394,833 $47,008 11 e92.168 15 630,057 4.015.022 439,91S I4.S.1B7 18.695.7 Thè lair valuè ofinY¢strn•ntw¢wni•s h•$ •rrl¥edatbased on a INid pty W•bon Oli O¢P¢lli¢S by Kright FrK ¢ontheted M•th 2024 r•cudnl$8d ai £7,2QO.CQO. P89e 14
T8J MEYER FAMLY FOUNDATION LIMITED NOTES TO THE ACCINTs {CQNTINUEOI FOR THEYEAR ENOED 31 DECEMBER 2024 13 Crnditors: Amounis fallin9 due wit on8 year 2023 Tr8de credilor5 T&xBtion and sooal security Acwals and dèfegrad irtom Otharcrndltors 13.129 9,¢OJ 37.783 81,953 141.868 1,995 9,427 3S,652 82.085 129.159 14 Sharn eaplt 2024 2W23 Authorlse¢J ICX) Orrfirw shares 01 £1 155 155 All¢tt¢&, ¢allgd up and lulty p•ld Icll Qdln•y $har•s 01 £1 each 155 155 2024 223 15 Cash IltswA from oporatlty aellvHI•• NÈI n)¥oMan1S in frJNd¥ Aquslment5 for.. Investrnnt Incorn? DIVIder incom& Renl recdvable Other lTrve$im¢At ifj¢ome Ntt galn On InvoBim4nts Incr•8se In dobtor5 Incr8as•lld8creas81 In trerfstovs 1&071.7751 1122,6641 12.4501 132.15n 1498.4041 14.0221 2270.510 2,100 12,709 120.1091 131.3371 {431,9701 15.561 11.077.48n 18.470 127,7811 N¢t G4sh lus•d Inl opw•tln9 •atlvltl•s 1324089 1 677 297 16 Op•r4llng 1945• Incomq At Iha repo9 dale chartty h1 wlsl•nthTrJ lu¢ rP1S Itatses. wtiieh lall as loHwJ.' 2024 I23 Du8 In l¢¥$ th•rt 17 Contml Th• umpwy 1$ ¢Mlrolled bythe M•y•rChaAtaLle Tiusiiy 18 R•Tatod porty transartlon5 ArMLmiS 101811in9 S120,42612023. $89,587Iw6fe paKI to Mco knces rTh1od Ihe Yr. a COryY In vJNth TtusieeJ Moyw is dlr•ctsr. of%thich S92.120la1ed to manaoomem lees 12033 s89.ssn $2B.342 frfhargedpr¢p¢rty rf•¢¢d ¢xp•nditure. Al 31 Doemb Z024. Indujed In other creitor8 $6 an amunt Mco SfrNr¢s Lknrlt•¢ 01 $13.$01 12023" $6.4471. tn 2023. Lynn Hotlings Urniled. a mpanY in Mluth o IllY ol Jane Meyer ¥grvv3 'TeCt. 188sed its prewMS85 at KqTrJrick Mews. LorOn SW7 )HG lo T Mey•r FoundatEon fry • l•• cl £4.397 fir01¢¥j VATJ Januwy lo M•r(tt 2023 and E4,4¥2 11ndL10 VAYI theieafter Until 31 Decèm 2tr23. The ase was ittminaied as of 31 Dec•nbor 20?3. •nd #9 • we$1. SAI {2023: $66.1271 wa¥ p•d lor oifice ront lo Lynn Ho[dw5 LiryMt•d duriry 21r24. In 2023. ch¥lty erroneou51y PaKI an on behalf ol a In180 due to deric err¢x5 I•¥10 In * receIvfie balanc6 01 $2.1k bthng from the trusMe at Ihe reportlr¥J ¢Jats 0131 Decener2023 15ee Mt¢ 11}. Thtr arrrf•JrtW4s fully le¢Ov¢ as 014 Aprfl 2024 Page 15
T&J MEYER FAMILY FQUhlDATION UkltrED NOTES TO THE ACCOUNTS ICQNTINUEDI FOR THEYEAR ENDED 31 DECEMBER 2024 19 COMPARATIVE INFORMATION.. STA7EIIE14T OF FINANCIALACTMTIES IWCLUDlhlG INCOKIEAPID ÉXPENDITiJRE ACCOUNTI FOR YEAR ENDED 31 DECEMBER 2023 2023 Unff 5trt¢ted 2022 Unre5tricled ld$ Inoom• Inv85trnenl In¢orne 407.855 7.302 Total Incoffle 467.U55 507.302 Expendllurt - Raisin9 fvnds. Investm•n¢ mJnageThnt 1¥ ¢harttthè a¢tfvitièS 23.988 1.644.018 48,314 1.303.813 T•tal oxp•ndlI• 1.668.0 1.352.127 N•t i¢xptnL¢itiiipl tsel•m gatfis 8 10$sos or InwstM¢nt 1 2tQ.1S1 1844.875 N¢1 Ilo$$esi Oft r¢vAluatl¢n £f Invwm•n N81 goin5 11kns5•51 on 5ovo¥tmènts Nol gain$ i Il0$s¢$1 on l¢rei9n •x¢hang• ol 291.643 r14.79S 1.086.439 (1014591 11.598.172 1 701631 Net IE¥pendltur•l 1133,7121 (2,S4&4Sel Other r•c¢gnlsgd (k$5 9alns Olher nei yin5 Illo$se&i on Ielen (81.9481 trt movements In funds 1122,8841 12.806,4041 TOtl tund8 brou9hl foThVaf 18.809.904 21,418 308 Totaltunds e•rrfd lor•rd 18.e09.904 Pege 16