DocuSign Envelope ID: 454D1E5A-84D1-4726-AC5D-878926ADC364 ## **C H A R T E R E D A C C O U N T A N T S | B U S I N E S S & T A X A D V I S E R S** **Registered to carry on audit w ork in the UK and regulated for a range of investment business activities by t he Institute of Chartered Accountants in England and W ales Cameron Baum Hollander Limited • Company Registered Number - 4 6 3 10 8 5 • Registered in England & W ales** Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 CAMERON AUM HOLLANDER REPRESENTATION L￿ER This is a letter from the trustees to us. confirming all information has been provided ond where necessary, reaffirming explanotions given durin9 the course of the preparation of the occounts. Please can you and Joel sign and date this for our files. AGM MINUTES AGM Minutes are required for the company's statutory books. Please check these carefully ond once satisfied. please con you and Joel both sign and date them. Kind regards Yours sincerely Daniel Baum Encs.. Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 Grahamo Charitable Foundatt¢)n Limited (By Guarantee) Financial Statements Year Ended 31 Decefflber 2020 Charity No . 1102332 Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 Grahame Charitable Foundation Limit￿1 Report and Finandal Statements for the year ended 31 December 2020 Contents: Page: Reference and administrative information Report of the trustees Independent examinerfs report ststement of finanaal a￿1vilieS Balan￿ sheet 9-11 Notes forming part of the financial statgnents Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 Grahame Charitable Foundation Limited Reference and administratlve Inforniation Directors and Trustees MrA G￿hame Mr J M Greenwocmj (resigned 6 May 2020) MsSMShaw Mr J A Greenwc Mr E Z G￿enwoOd (appointed 6 May 2020) Secretary Mrs G Grahame Principal Office Unit 102, 116 Ballards Lane. London. N3 2DN Registered Office 88 Crawford Street, London. W1H 2EJ Charfty Number 1102332 Company Number 05010268 Independent Examlners Cameron Baum Hollander Ltd, 88 Crawford Street, London, W1 H 2EJ Bankers Bank Leumi {UK} Plc, 20 Stratford Pla￿. London W1 C 1 BG (acoyjnt dosed January 2021) Metro Bank Plc, One Southampton Row. London, WC1 BSHA Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 Grahame Charrtable Foundation Limited Report of the Trustees for the year ended 31 December 2020 The trustees present their report along with the financial stalements for the year ended 31 December 2020. The financial slaternenls have been prepared in accordance with the accounting policies set oul in the notes to the acojunts and comply ￿1h the (*aritls trust deed, the Chartlies Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended PraCts.￿ applicable to chartties preparing their accounts in accordan￿ with the Finanaal Reporting Star)dard applicable in the UK and Republic of Ireland ISORP (FRS 102)). Structure, governan¢e and management The company was incorporaled on 8 January 2CrfM, registered as a charity on 25 February 2004 and commenced charitable activities on the same date. The charity is ￿nstituted as a company limited by guarantee. The company was established under a Memorandum of Assouation and is govemed under its Articles of Assooation. In the event of the company being wound up members are required to Contribute an amount not exceedirKJ £10. Recruitment and appointment of trustees The directors and trustees, who are also the dire(knrs for the purpose of company law. and who served during the year were: Mr A Grahame Mr J M Greenwood (resigned 6 May 2020) MsSMShaw Mr J A Greenwood Mr E Z Greenwood (appointed 6 May 2020) The Board has powers to appoint additional trustees as it considers frt to do so in aC0)rdan￿ with the Memorandum and Artides of Assoaation. The trustees hold Offi￿ unb'l retirement. There is no maximum number of trustees that the company may have and there is no restridion on their length of office. However, there must be at least two trustees. The trustees do not have a recruitment policy for appointing trustees and currently the trustees do not consider it necessary to appoint further trustees. Trustee Indudon and training Due to the size of the company there are currenuy no fomial systems in pla￿ in relation to trustees, induction and training. These wll be reviewed as and vthen the tW5tees deade to recruit new trustees. Oryanlsalional structure The charity is organised so that the trustees meet regularly to manage its affairs and to decide on the distribution of funds. There is no relationship Mth any other charity or organisation. Risk management The directors and trustees have assessed Ihe major Tisks to which the charity is exposed. and are Satisfied that systems are in Pla￿ to mrtigate exwsure to the major risks. Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 Grahame Charitable Foundation Llmlted ReFK>rt of the Trustees for the year ended 31 December 2020 Objectives and activities The charitls objects and its principal activities are that of the advan￿ment of education, religion and th8 relief of povety anfftere in the worfd and to ad as a chariiable fund. The income is derived from various investments and charitable donations. Its trustees have had regard to the guidan￿ issued by the Charity Commission on public benefft. Grant policies The charity considers 9rant requesls from organisalions that fall within the criteria of the charity's objects and makes such grants from cash resources available. Achlevements and perfomiance During the year the chartty has ttjntinued to provide support to various charibes in the United Kingdom and abroad. Flnancial review The Statement of Financtal Activities shows net (expenditure)firTrcome of £1105,577), (2019: £10,155) after the revaluation of listed share investments. Unrestricted funds at the balan￿ sheet date were £81.517 12019.. £187.094). Charitable grants made during the year were £202.510 (2019: £169.546). The trustees consider that the perfo￿anCe of the tharity this year has been satisfactory and that the present level of funding is adequate to support the ￿)ntInUatIon of the objelas of Ihe charity. There have been no changes in the activrties or strategy of the chanty. Reserves policy The charitys policy is based upon the application vlithin each year of a signtficant proportion of such unr8Stricted funds as are available. Princlpal funding sources The charity s main sources of income are from donations and covenants and also the retums on the investments held by the charity. Investment policy and powers The charity is authorised to invest in property and ￿MpanY shares as slated in the Memorandum and Articles of Assoaation. The policy is to rnaximise inix)me and capttal growrth whilst still keeping a relatively low risk strategy. Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 Grahame Charitable Foundation Limitsd Report of the Trustees for the year ended 31 December 2020 Plans for the future The tnjstees wntinue to seek way3 to ma￿Mise the charivs In￿Me from its investrnents to enable it to continue to meet its charitable objectives. Statement of dire(￿or5 and trustees responslbllltles The charity ITUStees {who are also the directors of Grahame Charitable Foundation Limiled (by Guarantee) for the purposes of company law) are ￿sponSible for preparing a trustees. annual report and financial statements in accordan¢x with applicable law and United lQ'ngdom Accounting Standards (Unrted lQngdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare finanaal statements for each year whith give a true and fair view of the state of affairs of the charttable company and the group and of the incoming resources and application of resources. including the income and eXPendrtu￿. of the charitatJe group for that period. In preparing the financaal statements, the trustees are required to.. select suttable accounting Oiryes and then apply them consistentiy, observe the methods and principles in the Charities SORP". • make judgements and estimates that are reasonable and prudent; state whether applicable UK accounting standards have been foll0v￿1. subject to any material departures disdosed and explained in the finanoial stalements,. prepare the financial statements on the going 0)n￿rn basis unless it is inappropriate to presume that the charity WTII continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable awuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. the charity's goveming document. the Charities Act 2011 and Accounting and Reporting by Charities". Statement of Recommended Pra￿1￿ FRS102 effective 1 January 2015. They are also reswnsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detedion of fraud and other irregularrties. Approved by the trust8es'. Alan Grahame Trustee Date Mr J A Greenwood Trustee Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 Grahame Charitable Foundation Limited {By Guarantee) Independent Examinerfs Report to the Trustees of Grahame Charitsble Foundatlon Llmited (By Guarantee), Charity No. 1102332 I report on the accounts of the company for the year ended 31 December 2020, bthich are set out on pages7to 11. Respe¢tive responsibilities of trustees and examiner The trustees {who are also the directors of the company for the purposes of CA)mpany law) are responsible for the p￿ParatIon of the a¢￿VnI$. The trustees consider that an audit is not required for this year under seclion 144(21 of the Chariiies Act 2011 (the Charities Act) and that an indepeThlent examination is needed. Having satisfied myself that the charrty is not subject to audit under o)mpany law and is eligible for independent examinatTon, it is my responybilty to= examine the accounts under section 145 of the Chariiies A to follow the procedures laid down in Ihe General Diredions given by the Charity Commission under sedion 145{5)(bl of the Charities Act. and to state whether particular matters have Lxjme to my attention. Basls of Independent Examinerfs report My examination was (2rried out in accordan￿ with the General Directions given by ihe Chaiity Commission. An examination includes a rewew of the a¢￿UntIng records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disdosures in the a¢￿unts, and seeking explanations from the trustees con￿mIng any such matters. The procedures undertaken do not provide all the e￿den￿ that would be required in an audit and consequently no opinion is given as to whether the a(xounts present a 'true and fair view, and the report is limited to those matter5 set out in the next statement. Independent Examlnerfs sL*ement In connecLion my examination, no matter has come to my attention.. {11 which gives me reasonable )44651 1174,3871 N¢t in¢0m￿{¢￿￿nd1IUTrI Wore other Yecognised gJnslllosses1 176.789) 12.406 Other racognlsed gain￿l0¥se¥I Loss ¢n revaluat￿ of fix&J asset inve51men15 Total Other recognlsatl gaIn￿lo$se5) {28.7881 12.251} 128.7181 12.2511 Net rno¥ernerrt in lunds (105,5rn 10,155 Bala￿e at 1 January 2020 187.094 176.939 Balance at 31 Oe¢￿ber 2020 81.517 187.094 All relate to urwestriclat ftsnds, aThY e(Xlbrning acbmities. The notes on p&3es 9 to 11 ftym part ol these finanaal Stat￿ents. Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 Grahame Charitable Foundation Limiled Balance Sheet as at 31 December 2020 2020 2019 FiJt•d a¥sots Investments 41.9)2 70,690 Currnnt wssets Cash at bank and in hand DebtOTS 44.164 110.955 10.000 44.164 120.955 Current Ilabilitiès Creditors.. Amounts falli￿ due ￿1th1￿ one year 14,5501 {4,550) Totsl ng1 assets 81,S17 187.095 T¢)tal funds Unrestricted fijnds Fair value reserve 81,517 174,9)9 12.186 187.095 81,517 Th8 dir8dors and trustees are satisfied that Ihe company is entiued to exemption from the provisions ofthe Companies Aci 2006 relth.ng to the audrt of the financk41 statements forthe year by wrtue of section 477. and that no member or members have ￿qUeSted an audit pursuant to section 476 of the Compani8$ Act 2006. The directofs and trustees 8thnovAedge their resp)nsIbil￿e8 for.- ensuring that the company keeps adequate accountry reo)rds compty wth section 386 ofthé Acl. and preparing financial statements which give a true and fair view of the state of affairs of the company as 81 Ihe end of the finanoal year and ol its profit or bss for the finanryal year in accordance with the requir&m¢nts of Section 394 and 395, and which r)th¢ti%ise compty with the requirements ofthe Act relatiThJ lo finanual statements so far as applicab￿. These 8ccounts have been P￿Pa￿ in &cordance with Ihe Pro￿￿onS applicable to small ¢ompanies subi8Ct lo the small companies regime and in accordance ¥bYih FRS102 SORP. Approved by the tnjstees on knL Atan Grahamo Tiustee Mr J A Greenwood Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 Grahamo Charitable Foundation Limited Notes to the Financial Statements for the ear ended 31 Decembor 2020 £counting policies 8asls of pr•paralion Ttte finanual Statements have been preparf in a(xx)rdanr£ with A(xounting and Reporting by Charib'es.. Stalwnenl of Reo)mmended Prac11￿ ap￿icable to charilies preparing Ihwr acwunts in accordance wrth the Financial RepoitiNJ Standard appItsb￿ in the UK and Republic of Ireland IFRS lo21.￿￿ the Charitie5 kt 2011. b) Incomg and endowmonts All incr￿9 and eTrYowments are indudal in the SOFA V1h￿ the charity is1gJally to the inoyne and the anKkunt (2n bè quantth*1 with rea￿na￿e ￿0j￿3cy. Grnnts arKI donalions Grants and donations a￿ only iThJLrt1ed in the SOFA whe¥) thegenual income rg))gnifjon are rnet15.10 to 5.12 FRS102 SORP). dl Expendibjre *)d Ilabllllles Expendituré has b88n dassrfied under he3diros Ihat aggr￿Jate all Ix)sts relat￿ to tha category. whe￿ rx)sts cannot be directly altributed ¢0 parbajlar headings they have b￿n 8Ibca￿l to actNib'es on a basis wrth use of the re9x1r￿. Liabilities a￿ recognised where rt is nvjre likely than not that th￿ Is a legal or o)nstructive obligation c¢)rnmitting the thartty to to pay OLrt r850ur(xs arKI the arrrfjunt of thè Obl￿ati¢)n can be measured wrth reasonable certainty. They are initialty rerronised at mst and Ihen sub5equenlly measured at the best ests'mate of the amount ￿Uired kn settje the obluab(m at reporting dat8. [n￿trThents Ltst8d investments LY)Mp￿e putAidy li%led share5, whth aTr indUd￿l in the balance sh8et inthalty at cost and subsequentW at Ih•'r market value at the reporling date. unl￿t￿ investm￿ts a￿ hdd ai cosl l&ss impainr*nl as thks ¢s the trustees. best esbmate of mathet Value as at the rwrting dat8. Debtors Debtors are In￿allY rwntsed ai net setllement amount. sUbs￿U￿￿y, thoy are rneasu￿ at thè aypected wsideratiort rwivable. 9) Crgdltors Thg Charity h85 (xeditors whith we rneasu￿I * settlwnwt anK)unts less any dis¢xwnts. Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 Don¥ti¢)n¥ 2020 2019 Covenants and t*)nth"ons 129.346 129.346 181,780 181.780 Inv•stsnont ineom• 2020 2019 In(xYne from list*1 inv&8tsywnts Interest T￿Vable 2.327 4,634 379 5,013 Expendlfvr• on chaffltable a¢¢lvllles byactl¥lty type 2020 2019 charitab￿ donatyons Support costs- gOv￿nar 202,510 5.955 208.465 169,546 4,841 174.387 The charity has made charitable donatk)ns io variou5 in5titutsons dunng the year and these have be￿ made for general Chartsb￿ pU￿oSe$ withÈn the obpth'ves of Ih8 tharty. To the extern that these dona*'ons to Inststutions are material. they have rK)t be￿ disdosed bec2￿ this would sariously prejudicè th$ chanty and rts wprents. The charily has prepared a separate publi13ti￿ of granis made. The Grahame Charitab FoundatM)n Limited Sch￿VIe of Grants In 2020. Member5 of the ¢2n wuest a copy of this by writing to Mr A Grahame at the Prinopal Office address. Gov8mance costs 2020 2019 Legal and PrOfesS￿nal fees Bank Chargas Insurances 4.800 195 4.550 291 5.955 4,841 alysls of legal and professional fees 2020 2019 Independent examinerfs fees Other lees payable lo the ltxlepend￿¢ examin 1.000 3.800 4800 1.000 3,550 4,550 10 Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 FIX￿ a￿•1 inv•8tm8nts 2020 2019 Li8tgJ Investments Unlist*l Invesbntt 41.838 70.626 41.902 70,690 Please see bdcw f¢x an an81￿lS of the moverwt ￿ the valua[K￿$ of li51ed investments Valuat•)n at 1 j￿u￿Y2020 AdditK)ns Rev81tJali¢)ns Disposals Valuation at 31 D￿￿lber 2020 70.626 128,788 41,838 Cash at banks and In hand 2020 201 Bank Leurni Cwrent Metro Bank Current Metro 8ank Deposit 6,218 110.955 44164 110.95S DeIrt0￿. Arnounts f￿ling dye wilhin one y￿r 2020 2019 Othsr debtors 10.000 10,000 This unsecured was setw on 13 Febnjary 2020. Creditors: knourts falling due w6th1n one 2020 2019 cruals 4,550 4.550 Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 GRAHAME CHARITABLE FOUNDATION LIMITED Charity No. 1102332 Minutes of the annuol meeting of theTrustees held by telephone conference On 2 September 2021 Present. Mr AGrahame MsSMShaw Mr J A Greenwood Mr E Z Greenwood I. IT WAS PROPOSED to consider the draft financial stotements for the year ended 31 December 2020. 2. IT WAS RESOLVED that these be approved and that 2 trustees si9n the balance sheet and the trustees report. 3. IT WAS RESOLVED to consider and once satisfied. thot 2 trustees si9n the Letter of Representation to the accountants. 4. IT WAS RESOLVED to ask DANIEL BAUM FCA to act as the accountant and submit the accounts. There being no further business the meetin9 terminated. Trustee On behalf of the Board Trustee On behalf of the Board Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 GRAHAME CHARITABLE FOUNDATION LIMITED clo Unit 102, 116 Bollards Lone. London. N3 2DN DANIEL BAUM FCA 88 Crawford Street London WIH 2EJ 2 September 2021 Dear Sirs, REPRESENTATION LETTER - YEAR ENDED 31 DECEMBER 2020 We confirm as trustees. that the following representations are made on the basis of enquiries of management and staff with the relevant knowledge ond experience (and. where appropriate, of inspection of supporting documentation) sufficient to satisfy ourselves that we can proFerly make each of the followins representations to you in connection with your preparation of the financial statements for the year ended 31 December 2020. (l) We acknowled9e os trustees our responsibilities under low applicable for charities, for preparin9 financial statements for the year ended 31 December 2020 and for making accurate representations to you. (2) All the accounting records hove been made available to you for the purpose of your accounts preparation and where these were insufficient we have given director's representations. All other records ond related information. includin9 minutes of oll management and shoreholders. meetin9s. have been made available to you. (3) The trust has not had. or entered into, ot any time during the period, any arran9ement, transoction or ogreement to provide credit facilities (including loons, quasi-loans. or credit transactions) for trustees or to 9uarantee or provide security for such matters, and that there are no other related party transactions that need disclosure other thon as shown on the accounts. (4) There have been no events since the balance sheet date. which necessitate revision of the figures included in the financial statements or inclusion of a note thereto. (5) We confirm as trustees that in our opinion. the trust can continue to meet its day- to-doy requirements within its current facilities, for ot least the next twelve months. (6) We confirm as trustees that the trust had not. at the year end, authorised but not controcted for., or contracted but not provided, for any capital commitments. (7) We confirm as trustees thot thetrust has not entered into any new commitments in respect of leases or other forms of contract. other than shown in the notes to the financial statements. Docusign EnvÈlope ID." 454D1ESA-84D1472&AC5tk878926ADC364 (8} As trustee& we ore not aware of any breaches of law or regulations. which would have a material impoct on these financial statements. (9) We confirm that management ocknowledges ts responsibilities for the implementotion ond operations of accounting and internal controls which are designed to prevent and detect fraud and error; and that we have disclosed to you ony significant facts relating to any frouds or suspected frauds that moy have affected the entity. (10) We confirm that we agree with all of the journals prepared during the accounts preparation. We further confirm that we are satisfied that ony uncorrected misstatements in the financial statements. which have been aggregated during the occounts preporation ore immaterial. both individually and in a99re9ate and we are therefore sotisfied that no odjustment to the finoncial statements is required. As minuted by the Board of Trustees at its meeting on 2 September 2021. Trustee On behalf of the Board of Trustees Trustee On beholf of the Board of Trustees