Docusign EnvelopÈ ID". F6F7462F-C0634804-80954CE88B493D16 Ref.. NT62 Registered Charity Nuinber: 1088977 THE JK FOUNDATION REPORT AND FtNANCIAL STATEMEwrs For the year elided 5 April 2026 Docusign EnvelopÈ ID". F6F7462F-C0634804-80954CE88B493D16 THE JK FOUNDATION CONTENTS Page Referen￿ and Adniinistrative Infornialion Trustees, Annual Report Report of the Independent Examiner Statenieiit of Finaiicial Activities Balance Sheet Notes to the Finaiicial Stalenienls 8-13 Docusign EnvelopÈ ID". F6F7462F-C0634804-80954CE88B493D16 THE JK FOUNDATION REFERENCE AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 5 AFRIL 2026 The JK FouIidation ivas established linder a Ti'LI5t Deed dated 28 Au8USt 2001, svhieh determined the objects and poivers. The JKFoundation is regkslered ivith tlTreCharity Comniission lor England and Nvales as Cl)arit}' Nuniber 1088977. TRUSTEES Joaiitia Kate King Rachel Mary Wardall Willian) Lawreiice GreeAi&vell SIiFaii PRINCIPAL OFFICE The SK Foiindatioii clo RFT Maiiagenieiit Services Liniited 14 Bisckiiighttni Street Loiidoii WC2N 6DF INDEPENDENT EXAMINER Ha7.leivoods LLP Windsor House Ba)Jsliill Road Clielteith<11n GL50 3AT SOLICITORS Ciirrey & Co LLP 33 Qiieen knuie Street London WIC 9HY REGISTERED CHARITY NUMBER 1088977 'age I Docusign EnvelopÈ ID". F6F7462F-C0634804-80954CE88B493D16 THE JK TrOUNDATION TRUSTEES ANNUAL REPORT FOR YEAR ENDED 5 APRIL 2026 Tlie Triistees preseiit tlieir repoLt to8eihei' Kvith Ilie fiiiancial statenieiits of the chiirity for tlie yeai'eiided 5 April 2026. Tlie fiiiaiicial statemeiits havebeeii prepai'ed li) accordic lice Ivitli tlie Charity's Trust Deed, Ilie Charities Act 201], 41S £linended, and the ieviewed Statciiieiit Df Recon)Iiieiided Practice Accounting aiid Reportii)8 by Cliarities ISORP 2015). Refeipnce and administratiire informatioii set oiit oi) page i Eorms parl of this report. STRUCTURE, GOVERNANCE AND MANAGEMENr The Triistees ii,ho held office tliroushout the year are slioivii on page l. The Trust Deed stipulales that tl)ere sliall not be lesg thali three Triistees. Neiik Triistees, ivheii required, are selected by tlie seriPjI)g Ti'ustees and are appoiiited by a Resoliition of existiiig Triislees. Trustees are infornied of Ilie liistory of Ilie Ch2( rity aiid clCqlt£ljllted ivith the actiiiities of the Charity. No Trustee receives a £ee for the service Ihey provide to Ilie cha8e 6 Docusign EnvelopÈ ID". F6F7462F-C0634804-80954CE88B493D16 THE JK FOUNDATION BALANCE SHEET AS AT 5 APRIL 2026 NOTE 2026 2025 FIXED ASSETS Inveslnieiits 1,659,935 1,468,306 CURRENT ASSETS Casli at Baiik Debtoi's li 12,666 3,310 15,976 11,023 3,714 14,737 LIABILITIES Ci'editoys.. anioiiiit lalliiw due iyithin oiie year io (3,7561 13.5921 NET CURRENT ASSETS 12,220 11,145 TOTAL ASSETS LESS LIABILITIES 1,672 155 1,479,451 Represeiiting.. UNRESTRICTED FUNDS Expendable Eiidoivnient ljieome 1,656,179 15.976 1,672,155 1,464,653 14,798 1,479,451 Approved b}T 11)e Triistees aiid sisiied oli tlieir behalf by.. JKKING TrLlStee Date J11111Q Docusign EnvelopÈ ID". F6F7462F-C0634804-80954CE88B493D16 THE JK FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 ACCOUNTING POLICIES IA) Basis of PreparatÉon Tlie financial statemeiils have beeii prepared in accordance iyitli tlie Fiiiai)eial Reporting Standard applicable in the UK and Repiiblic of I1'e1￿]d IFRS 1021. The Cliarity is a public benefit entity foi. the purposes of FRS 102 aiid a i'egistei'ed chai'ity aiid thereEore has also prepared its fijiancikl stateinents in accordaiice with the Statement 0£ Recoinniended Ptactice appliccible to charities prepariiig tlieir accounts li) accoi'daiice with tlie Fii)ancial Reporliiig Standard applicable in the UK and Republic of IrEland {Tlie FRS 102 Cliarilies 50RPI, ￿ld Cliarilies Act 2011. The financial stateiiients are prepared li) sterliiig, wliicli is tl)e fuiictioiial currency gf tlie Charity aiid rounded to tlie neaiEst pound. (b) Going Concern The Trustees c0115ider that there al'e no material uiicei'taiiities i2bout tlie Charity's ability to coiltiiiue as a going coiiceni. The most sisiiificaiil areas of un￿rtaIntY tl)at affect Ilie ¢arryii)g valiie of assets lield by the Charit}i are the level of ii)vestnient i'eliirii aiid tlie performhl)ce of 11ivestmeiit markets (see the iiivestnieiit policy aiid perfOlm￿l￿Ce aiid risk manc2senieiit 5ectioiis of tlie Trustees, aiiiiual repori for mol'e infoi'mationl. Icl Fund Slrncture Uiireslricted Fuiids coiiiprise Illuse fiinds ivhich the Tfllstees are free to use iji aCcord￿l￿e wlth the cliai'itable objects. The Expendable Eiidoivmeiit Fuiid teplpsetits those assetslcit Pltal M,hich are lield for the loiiger term for the Charity, in accordaiice ivith tlie ternis of the Trust Deed. Tjie Expendable E11dvi¥nient Fuiid can be used iii accordaiice ivith Ilie objects of the Charity atid is incliided iii the Uiirestricted Fiinds. Aiiy capital gains or lusses ai'i51nS OJI tl)e iiiipestmeiits lield iii the Expeiidable Eiidoii7meiit Fuiid form pai't of that fiind. To the exteiit that grants patd exceed tlie amount available froin inconie fiinds, traiisfers al'e made Elom the Expeiidiible EndoiK?nieiit. Income aristng oil tlie Expeiidable Endoivmeiit Fuiid cali be used Èn the Unrestricted ljicome Ftiiid. Id) Income All income is reco￿liSed iii tl)e Siatenieiit of Finaiici¢il Activities (SOFA} wheii the conditions for receipl haire been met and there is reasoiiable aSSLifiiiice OE receipt. Wliere a claini Eor i'epaymeiit of inconie tax lias or Mpill be niade siicli iiicume is grossed lip for tlie tax recoverable. The folloiving accounting pollcies are applied to diflereiil calegoi'ies of iiicDme.' I'a8e 8 Docusign EnvelopÈ ID". F6F7462F-C0634804-80954CE88B493D16 THE JK FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026 (CONT'DI ACCOUNTING POLICIES ICONT'D) le) Expenditure Liabilities al'e Yecogi)ised as sooii as theIe 15 a legal or consti'uclive obli8atkoii committing the chai'ily to the expendituye. All expeiiditure Is accounted for on an accTua15 basis aiid has beeli classified uiider lieadings tl)at as81'egate all costs related lo tlie category. The followiiig accoiiiiliiig policies are applied to tlie different categoi'ies of expei)ditiii'e'. Costs ofseJier(ttiiigfvJiAs Tlie costs of geiieratiiig funds coiisisl of iiiveslmeiit maiiagemeiit fees and related costs. ChNrit8ble A¢ttvities Costs of cliaritable actiipities iiiclude5 gi'aiits made lid suppoi'l and goveriiic nce cost5. Donations payable are i'ecogiiised ivlieii they are approved by tlie trustees and the recipieiit of tlie 8tai)t lias been ii)formed OE tlie amoiint paid. Siipport & Goveriiaiice Cost$ Siipyoi't aiid Governaiice costs comprise all costs iitvolviiig tlie public accouiilabilily of the cliarity aiid its conipliantr with regiilation aiid good practice. Tliese costs iiicliide cosls related to the iiidepeiideiit examiner's fees, prolessioiial fees, and siipporl costs. Fixed Asset Investment5 liivestmeiits are stated Itt market iralue at the balaiice sheet date. The SOFA iiicludes tlie net gaiiis aaid losses on revaliiatioii aiid dispv5als tliroiighout the year. Igl nealised and Unrealised Gains and L055es All gains aiTrd losses aye takeii lo the SOFA as they arise. Reiilised 8aiiis and losses oii iiivestmeiits a¥e calculated as the differeiice betiveeii sales proceeds and opeiiiiig market ITaliie (purchase date if later). Unrealised saii)s and losses al'e ealciilated as tl)e differeiice betiveeii the i)iarkel value at the year end aiid opening market value lor piirclia5e date i( later). Ihl Critical accounting estlmates and areas Df judgeinent li) prepariiig fiiiaiicial statements, it is iiecessai'y to m