2023-09-30-accounts

BISWA8 FIXINDATION (A oompony knltod by Chrty 11Zl•)9J

THE B18WA8 FOUNDA170N mt thè rewk8mgnts kr a dlrectOY8' ryrt 8nd accounts frr CoNyanle8 Act purpw& The firw)dal 81atThn18 axryty wlth the CarfUe8 Ar 2011, th& Ccrfnpan198 Act 2006. Ihe Vomornndurn arml 89 of Asscdoucn. 8nd CharfflB8 slat0n￿ d R￿X)MM￿nd￿l Prth8 fcharfUo8 SORW) (èpplkable to Larkte8 preparlng thèlr a¢L¥)mt8 kn a(xcdancè Iha Rnand81 R8pcxlng 8tandar¢ appll¢abig In tho UK and RepubllG rf treland: FRS 102) Isyjod In (￿￿r￿lI9. OUR PLRP08E8 AND ACTIVrn Pun)08o¥ and Alm8 Th& wirFrf)8e8 cl the thartty8 1. Th8 provkkn ol Ondudng arvl pl)￿L4 tralnlTrJ) fcr thlldren, young pwwns arxl adults rgddwt ￿wI￿O In the worfd, w￿￿14r. In Sn nood by reawn rrf thglr p•. dest[￿1￿￿ wdl kn Indk . Yknrkl. but In In k¥l8. 4. To r88e8r( Into ltr (aus ¥NI Irwtswdd18eQBBB and Ill hedth ￿ taffl￿ trAt th8 u8￿1 199[￿ts re88ar¢h ￿1th1. . Ta promoto for thè publl¢ LMefft th8 stydy of and r888arth Into ts ￿r(￿rnn( huu81ng. sclence, Iterabjrn. ¢Ltttw8 and muelo Wtylded knfttth& rethol outh r88ewth aro publahad. 6. To provJd8 a￿1 >xlal 81 on ￿¥jn(Xnk co81 to thoB& In of rollaf by reaeon ol am111 ha8Jth. (Ysabllty. 11ngni￿ hard8hbaTrJ rrther d18adv￿l￿ an>Trtwa kn the wThld, lThding El￿nd. The (awlty currenly ry•m8 41 gwafBd frNn tho l&drvJ of th880 tYoperts8, atsr expo￿1￿Jrfr, kn u8od io make thnatiQYFB to Charty. Tr BlvaÈ Educatknial FourKJall¢M, In Sou Cal¢ulta, a8 as makkng donadt%)8 to dthng d)arts kn tTr&s t¥￿nty a8 88 aLYoad. Ilow wrPAlvllloJ d•llYer Pth Bpnefft plamkng our acthAtI88 for tsyew w k4)t kn mlrnl the Ccml86kn1's gLknc on publk E￿9fft al our dlrècto￿ mealings. The purFQ88 charfty18 ￿ effrrtb) ￿￿te tho ty tho moat thlldren In To ￿hlave th18 dm the cc%npa)y nMk08 duMflcfflB tu The Bkn EduL¥lonal Foundthn In Indl to fvnd the r￿mIng of an uphany WKI a 8thLx4 In Kdkala ftt dest￿te ￿an￿, abthn￿ chlldr6n. Ildren ol poc¢ vA¢JOy￿ nTr)Ihw8 ofB&Y￿kn, of whom are 6tr68t ¢hlkl

THE BI8WA8 P(￿1NDAl10N IA eompfyDy iknlt•(I by Gufnnt••) 3Q SOPt￿b•r2o29 A¢H%￿mE￿ra AND PERFORMANCE At 30 SepteM￿r 2023 Tho h&1 a rx)nv￿n9 41 wr¢)erlla8 trov]ng 317 bgd 8paco The rKopth tn the ptywolk) ar8 let by 3 propwty H￿Ir￿leY Pywly {HP8). IAve been womng for th8 FLwndallM the knnafion of thg chaty. Fonlh8m HOTh8 Lld. vkno havo be￿ worklng for th& F¢Jmd&Uon for the past 6 G&D Hou8w Ltd who ha￿ bean ￿￿tkIng for the Foundalon for tho p86t 3 y6gr8, larw eThJ mor8 swtgllÉ8d prowM68 Rlghl Lot L•gd8 Ltd. a h&h otrnet.b88ed Wng a￿GY thal h88 WL¥kod th8 Fowdalkn 4bcwt 10 18 kj SO￿ tonfint8, FPS 133 b￿j 8p8￿ (ar); Fornlh8m Lld 118 Bgd Opa￿ {8omg 38% of the ￿rtfolIo},' G&P H(Ktslng Ltd manap fdl Bed (bqWn 16-16% gf Ih F￿0[10) ol the Portlojlo) an(1 wa manag6 lh8 re8tof tho propartl Wa bolbve It18 Impthtcw rKopth m8lrrf8kn￿. Thè ofthe propty no¢d to ￿ brlth( I￿h1 aTrJ Invlung 88 we n8&J ts) coryoté wtkn ots ac¢4xnmodakn p￿der8. Our ¢xi8tornets aro matnty Ing 2nd-ye8r 8bJd8nts fm LInfv￿8￿•B would hm SP￿tt ts Itr8t yoHr crf thelr U￿￿r£KY In To a(￿￿ the alm The Fwnthlh)r) Lld m&kes dona1kn8 charty The E(lJcÉlkn81 Fou￿31￿ ITBEF) b8•J In vlliggg Nava￿, In pra&￿I￿r. 8￿jIh 24 Porgana8, W08t B8ngal, kndia. We ar8 0)MTh￿tte￿I to dwung LW.OW.Iy) ￿nudY to help th• tspfv8d. thg co8t Inojrred lo njnnlng the fthmdatk)n In India as ¥￿1] 88 OW (¥)ntri)LIk￿ lo thè o)nstwtion of the f￿￿alk)n bulkllng. the yw wp dona￿ £210.0￿.09 to TBEF. A f27W wa8 dcnatod to olher charTrlabl& cau8a8 malnly In rrdtcal roowch and ho4)k athiU68.Note 7 to th8 aC￿￿nt9 FKovld88 S breaké(yn oftho nHI8. Tho BL4was Edul￿n81 Foundatlon (fBEF) The maln b8nafidyof our dcthljons ¢xr 8knter d•Tha BIM*B Ethcaional FoundNtkJ) (fBEF). an orphanwi tho Ananda Bhawan in 2011 Th18 Wure or￿up8n￿ of'pamxl Bhavan,. rTth momber8 ty Mve at fhg Anand Bhavan. alo n￿mb￿S Mv¢ and 8tuty In a (￿￿￿ted 8ethi rf the ￿ b￿dkn￿ P4xonlng tr) West go￿r￿jg￿t gendws carYKt undw tho roof bayond thg of 11 years.

THE B18WA3 FOUNDATION Company Umltgd by 80 80ptombar21Y23 TBEF delfvw8 quamy wJuQall￿ at a mliknwm &)8t to cmthw ba)rKJkng kn th8 ￿n¢¥y￿aly V•wkgr 88otlon of 80dety kn and arrxJrKI the whgro TBEF 18 ba￿1. In fre8 oduoaurxt IB W0￿d￿[l ftr tho thlldron ol the 0￿hanage. To aohth Th6 S¢xth Cdcutts PutAks Sohod (SCPS> 88tabM8h&d In 2016 In on8 of our prth kn(yn a8 Ehanl Bhavan, (abod8 of pèatx). Al tho f8$60n8 (In dlgltal dg88rorrfns) 8r8 offwed kn E￿Il6h excw of cow88 ts1 the people taught th6ir re￿1￿81 laryuag8 Bwll 8rKI tho nathJd HM. St￿1•n￿ crf8CPS In a claBBroom Th18 ￿Cture thows 6kndgnts In 8 da68ro¢xn k)WrpOra￿ wllh to enhan¢0 the (x)wasrfw ettKlerrt partbJp8Uon 8ThJ Iniern(thn. T4knblod da$Srw￿￿1fjVgrngQ m￿￿m￿la rewirceB 8uch aB vkl8c4 ￿kn￿on$, and to make1&8ft¥ nKxe ￿lty and Inf0m￿tIVe. D]gltal Dekn wch as tablots, and t(th Irrtwatsd do8W(th18, fadlltalFno th1181)(KaUv• leamlng orn1 9i1kknt10s￿ d8lkvy. TheB8 Immwth9 and oducsUono1 In￿rn￿ r￿dulk￿l￿ te&lTrJ me11￿ Inwrtykng 8ts¥Jontund￿Btsndkn A Sd￿0[ txJldk)g io h¢thè tho S(￿)1 b urtr ￿l￿￿￿1DTr and hopefulty w]11 ￿ fxmpI8 wllhtn the yow. Tho VAII hove 67,OIK) 8q.fl. cl Ik¥>r aroA owr 6 Il¢N)rs. It ts howj that vknen thè trxJlldl￿ b flnISh￿ It h•1 bo ￿]8 trj ￿lL￿* up kn BOD 8d(Itt(ffl to daBwom8 offlco8 for Ihe 81aff aml He&(kn8816r bkn wll ￿ lalxrat(x188 . thyth8, C1￿￿[81ry bk4¢JJy 8EMI a wputsr L9b vlth at 1688t 40 Cornw￿r ter￿￿￿18. In adthli(ffi. b8 8 Nbw ￿dents vlll to erthur8g¢d

THE B18WA8 FOUNDATION (A Conyiny Llmlt8d by Gu￿￿•••) 30 Thore er8 c￿r￿ty 4CQ at SfPS (All8 16 ys.). the Intonlun 16 to kncrea8e that Nmber to 800 Thlthln th8 next I￿ aB ho￿ 8f&t￿l that tha 8th¢y)t faclllty 0￿￿mmIXIatO 800 ¢x Nvdl 8dMKbl Bulldlpw uThlor GoMlJucti The Sh￿ th8 rrwkn t￿￿￿tth and a wdknenL Th& kn>ol building and Its of 1n(A4re8k-tsl￿nk uth Calculla SLml hAs apw ID of EthKa11(m (CB) tr an affillats to op￿￿te ckn b 10 and bayonij (10+21 Aithe k) d8B8 818 belng operad, and CBSE offldaF8 hwrf8 tITe 8c4K)Ll 00v￿Al thTh6, deM￿h)u ￿takn arFd safdy ground8, whkh top levd and th18 Iw bgen dcTh. pg Stalrca8￿ al Anxl allwan

THE BISWAS FOUNDAIION (A Company Umkod by Gu8r4ntoe) DIRE￿, REpoKr 30 8W•mbar 20Z4 At tho Shanu ￿4¥an wlwe ￿pS18 I¢￿￿￿ th8 CBSE ￿der0d ¢yJtddg 6taIrCa￿ to b6 Inolalt&J and th18 ha¥ baen done. •SCaW 81alroa8•s at 8hantl Bha In 4dLqtth lo Ihe orphanage thth. IBEF Ixmtrw88 b) InvoKe liself In 80dal Blfare. The wvokty froo modlc81 centr8 for m(kprthrflepJ MIAgotB omlknugd 18 opernion with 8n MBBS I)r￿ and Nr8e free +y4er 1W pallbnts Imthty 80rAor dUzer16 8NI thlldr6nl from Ft annu. IAthI a week (￿￿lY ¢>n Sunday) where the d￿tor and nwee 809 tho palents In a dhk. arn akn dTornd by i￿7 ph9ml￿A9& Patkn18 not havo to p for tha ¢0st of tha mo(kln06 ab th8 Mits I￿r bM8ki tha TBEF the Foundakn pay8 tho blll8. TBEF took th8 knIOatl48 for a +thtrklTra waler wip k> 5￿¥9 th8 IcThl pe(yb r•llh (y)lJ water and gluco80 (G￿￿ThD) dLRlry the Inkn80 ofWI outsldfy lompakno ox(oded 40°C. On Wortd Envknnmwrt [ aY2& Ihe ￿ndafkn pbntwl Twlthln the b￿d•￿e& ol The B18wa8 Educatlon81 Foun[￿1￿.8 faltie8, 88 ￿ (kn8B >w. Tho thldr8n of knanda Bhavan and a fw SCPS S￿dents tad( pwt In tha a(th11188. ThIB exw(*8 ￿t a rn898agb to sodgty, and In Ilghl of tho (Wrront￿y1rQnM4kn1 ￿lI¢￿￿en( IBEF ha8 fJJm[tt￿I tr) r18thg 51KI tree8 durkng Ihe next tBn ya8rs.

THE BISWA8 FOUNDATI¢Y4 (A Company Llmlt•d by GuarAnt••) DIRECTOR8. REPORT Olher of TBEF knthdo: On 15th August Tho BI￿ Edwlk4AI F￿￿&¥1 ond s￿1h Calojtta Sch￿1 h)Intty ithbratsd Iho 76th Dayd INI The 8ixlents htsmgllcThl Yoga DBY arnl warAkn w on thal day I￿&18 almty part of thelr Flgur• Y Intsrnatlonal Y•>ga D4y ¢•1• Dr. Subhgndhu Bhatta&w￿. the n8w H9kn, wa8 appdnW 10th AN# X123. Dr ahaliw*e8 gol N8 PhD from Bon￿8 Hndu Unl¥•.

THE BISWAS FOUNDATION (A Company Limited by Guarantee) DIRECTORS, REPORT 30 September 2023 FINANCIAL REVIEW During the a¢Gour¢tsng year ending W) September 2023 ren131 i1￿me ￿n8rdted by the propgrties of The Blswas FouThJation porlfolio vrds £1,409,698. A furthw £342,997 was invested in equities n the Lond￿ and the New York stwk exchanges. The net surplus for the year was £6,521269 of which £698.328 related to a surplus on operating a¢tivilies, £4.389.6tK) related to gains from fair valug adjustsnents lo the chariws freehold investment properU8s and £1,435,341 related lo gains from fair value adjustments to th6 company's stock market investments. Donatlons made In the Yèar Durfng the year The Foundafk)n mad8 dc￿allonS tolaling £237,250 as detalled und8r [￿r 'Achievemenls And Performanc*. of thi¢h £210,000 was to our slster Charlty. The Biswas Educational Foundall￿ In Ind18. Prlnclpal Fundlng Source8 Rentsl income fr￿ tho conwanys Inveslment prop8rbes És the prinoipal souroe of funding. In &YdiUon Inveslm8nts are held in st¢xks and shares a fair value of £4,157.352 at 30 Soptember 2023. Inv8stmont Powers and Pollcy Under the Memorandum and Articles of Assoc4at#)n. Ih8 charitable u)mpany h8$ the power to make any investment which the trustees see flL At 30 September 2023 the thartV8 p￿0110 in stod(s and shares in the UK and the US stock markets stood at £4,157,352. The dfversified investrnenl pcthlh) is r8gul8rfy rewew8d by the direotors with a view to schlevlng capltal growth so thal funds may b8 remitted annually to our 818ter ¢harity, Tha Bu51n85S Educational Foundallon, In Indla. In the year under remew the p￿￿10 had falr valu& gains of £1,435.341. RosefVOS Pollcy and golng concom Thg directors have reviewed the charitatAe cx)mpanys needs for reserves in line with the guidaric8 issued by the Charity Commission. Aside from retaining a prudent amount in reserves eath year. appr0￿Mating 3 to 6 months running costs, the inlenticn is that most of the tharital￿e companls cash furids are dc￿ated to the Indian Charity. The Biswas Educational F￿r￿Jation, and also to othw deserving causes in the UK and throughout the wortd, particularly in th8 field of medK¥l researth and in the field of education through scholarships, bursari&s et At 30 Septembw 2023 the ￿MpanY held eAsh lunds of £227.598. Ihe DirgGtws c(￿1￿ thal there are no mat￿181 uncertainties about th6 charitable CoMpan￿S ability to ¢ontinue as a g￿ng corKem.

THE BISWA8 FOUNDATION (A ComFW Llmltod by DIREcfoR8' REpoFrr 30 8•pknbw 2023 PLAN8 FOR FUTURE PERKID8 We plan to Lxjnlnug io ￿(￿8￿ ow w(¥rU88 ￿ an b8818 k) ￿sUr8 8 gorKI rentsl Incomg IB r¢¢afv￿ ￿ that tjonalkm ethttnue to iw tt) (Njr $181¥ cawtty kn Th8 Blswag Educ#lonal Wa lan lo makntdn (w 8rvJ thwo8. REFERENCEAND ADMINISTrATNE INFORIi4TIOM Tha Blwas F(xmdall Chadty Rfjg15trat￿n Number. Comp)y Raglsfratlon NunMr. 11Z1096 rth87075 20 S￿(fr￿10r tkn Wg8l y￿6, LS17 YDG Tha dlrath have Ser￿d du￿ tha yew Dr N Blsw Mr P A Blswas cOmp￿Y Sttcrnlary Mrn A Bliia8 31A Flnkle Str¥at Selby Y08 4tyr Bankers Ltyd8 Bank HQ PO Box IOOO BX1 ILT ayde8dal& B￿k Illn￿ Pl Glasgow G12HL

THE B18WA8 FOUNDATION (A Company Um11￿ by Gwvant) DIRECTORB, RFpoKr JO S•ptwTrbgr 2023 Govwnlng Ik>cumo Th• w18&￿c￿ Is ellarf￿16 Gonwny Ikrthl ty Gwwan IrmpNatsd on 2 2008 and regl8tfftl a8 a charlty ¢)n 9 Doc￿ber 2008. ￿ 0)mp8ry 58 081a￿l&hod undw a m￿randU[n of ABsodaUon, e8t8E4t8h&l th6 r ptrw8 of the dwit&blg oxnpony and18 govemad under Ido9 of kn8odatkn. In th? th8 o)nwany wourvj up m￿b81$ requlrod to ¢ontslbulg an Thxwrt rnt 9X￿dIng £10. RKNltsnenl and Appolntsmnt of Dtrotttorn Th6 Dtr￿ of the comkwryare al￿$ Intst688 kn thfr of (knlty law. Tha charlty w88 MJll¢W by Dr N. BI￿ N8 brothw WKI 818tervkn4aw 8N the flr8t dlr•Jtm oftho thadtable WnTJany. N6w dlroolor8 may be dwAc DlrMknr•' Indurlton Tralnl Al now dltector8 reclvp a ltrwh InthRkn by Dr tr1 lh8 m ptrAF488 and 8ttu of tho charfiable company. Oryanloatlonal 8ITucluro The rx)mpary has 3 dlré()r8 rt8raet rngul8fy. ofthe Dr K Bl&￿.19 r88PC￿N1bl￿ lor thg Rel•d Partl8 A rthjrfty, Tr BI￿ Edu￿1¢￿81 FourVJati￿', has knm&J In Kolk8￿ lrnla. Thg BtswAB F￿ndallOn gFarrt8 tD Iha Indk3n charity lo lh9 W￿n￿datIOn, dothlng, gduc¥tl¢)n. ' hffilth oaro rncr8afjTh)al f8t41tbs lo det¥hwd parwrf In Kolkata. Pay Polltylor Sonlor Staff Tho dr8clor8 C￿￿d￿th9 boanl ddkntorn, th arg tho TA￿￿8 as thg key manauemenl personnel of the ¢h8rtty kn tAwe rf dk&Slng and L¥Jnlr(>llnJ IwallTrJ the Foundatkn on a day to day ba$18. AN dlrectsr8 fino fr* and ¢lrgXor renWr￿alIOn In tha yo8r. No 8t8fl arg emplty¢d by fhe cFth. Rlsk IAinagfftnt txytng th¢ year the corry>arty ha8 toklenufy and awB iho nY4or rlBk8 faelng Ihy LKwlnoBB. moot tho ro¢wlrwJ tsrg6ts. th p(xxty Bra klenlmed and d$Po8￿1 cl.

THE B18WA8 FOUNDATION (A Compary Umltpd by 10 The dkeotor8 (tho aro IlrgolDrn for the PwpO￿ of Cwy and tsu6t96G for th9 purp08& of Clrfty lthw} ¥8 rospoYwIIIg lor preparfng tho DlreckB' ANWI R8port (r>)mFxlthg tho 8treleohJ Raport and tXrnctorf8 R￿)￿1] and the finandal 8tatam•its h ￿1rd￿j￿• u4th app1kAb￿ law and thg Unltod I(￿d0M Cofflpeny reqLAr88 th8 (UreciTh to ead) Iln8ndal ye8rwhlth and fak vlw of tha stat8 of affatr8 of th8 4arltA8 (¥7wy aThJ of th8 I1￿OI￿ng rewurts8 and )Ikatlon ¢A r880urceB, kndu4ing th8 ￿)d wandtlTr. fc¢ that P8y1￿1. In wop8thg th6$0 lknan¢l81 81&tsM￿ts the (Irth we rwutrJ w[knblea(v￿nur￿a tK4k4e8 ￿K1 41Ptyth￿ 4))thnty: ob8m tho molK￿$ and pl1￿4P188 kn tho Ch8rtUgs SOFP, Ma￿d￿ements and 09tlm8t68 that pe and wJden¢ 8tats vkn8lher appl￿￿• UK a(winlng thdards hav8 folml. wb1￿1 to any mWal dopattY88 d801t)J and frxpwngd In fln8ndal 8tAtemont$,' para thA lln8nclal ststsments on'lho go]ro bo U￿?811 L8 knapprDprlat8 10 that the thartld)1g (lunp￿¥thI1 contlrw kn IxAn886. a￿Ur￿ et ony Urng the In8ndal of tha tharltsbl& wany and engbkg them to th4t the lknand81 statem8t7ts compty thg Comp￿18$ Ad 21￿. Th￿ 8r6 al80 le8F￿sIb￿ for 8of&JuardlThJ tho assats of th8 chafitth company ab¥J for tthg T83&￿ab[& Jtops for the prnMl1c￿ orHI dethtbn of frnud end othw Irrewiarlll88 STATEMEKf OF DISCLOBLIIE OF IWRMATION TOAUDrroR8 The dlrn¢tors ol thg CWi8ny Ixkl ¢)lkn at lh8 dBte d apwovpl rf th18 knnuol Roport a8 * oirt abov8 eKh th81'. So far as they 8ro 18 ralwar 8udlt I1rf￿1n8Ikn (Infom)atlon ne8d8d by 1X￿Pa￿S ￿K￿l(l3 In preparlng knlr repNi} c4 %thkh thg companys aud￿ are anil Ihey h8Vo Ihe J8 that ougrt kn ha￿ tsken In order to rnBke th￿88￿8 awarn of any rpknvart a￿lIt knfcThth)n and to abikn thatthe (x¥npty8 aurkn arn aw&re ￿ th8t InlomiattCfL Au0￿oR5 O'Brlen & Cl￿rter8d TAI rollre as awjkns ￿ tho oJnp8ny follrywlng apprtypj ol tha FFnanold StknnlB. ov&a by tho board cl on 25 8ept8nknr 2W24 aTrJ on ￿ b8halfby. DR N B18WA8 Dlrevlor

THE BIMA3 FOUNDATICI (A Gollwary Unthod ty Guwwlw} 11 JD Sgptantsr 20 llnl+ 30 8ap 2023 oJmM09 thB StstBmert Lrf Ilrnludkng ) IrKK4no yY ExpwKI￿jffjA￿x￿W. thb Bal8n(e 8hert ￿ Slat￿n￿￿ C•h FkhYBTrl Inan¢￿ Blthm8nts. Inclu(Ing ￿rIfiCAnt Fdbbg. Tts flnaTh&pJ tst h88 appllwj In pr￿ h &ppllctho law ￿MI knuJnliry s￿￿d6, InthKJlnu FR8 1tr2 Tho Flhgnd Rop0￿￿ Slond4ré appllrAbla UK and R￿uLth rf Irdaryj (ihknj KJWTh Gwally Acith Accwnllng P￿￿ In ￿tr￿r￿JgI 8 truo fdr ol tha 81818 cl￿￿￿ afdrn AB d &1 sep￿ 20Yd ol ]t8 Pr8ct gnd Hthfor uplnl Wo 0￿￿u￿£d our h) &arthd8 on (UIQ {I&AB IUK)> FyIEcgblo l. Ojr royF￿1b11kn IFw)59 818ndwd8 •rn furiTrw dth(A1bèd kn the rwpon6Wlth8 for Ihe audk of thg of rwr rerf Wg arn of the thwltablB (xjmpry In ￿41)rd￿￿ h ts thl thatare oura¥Jll oflh&fingncJal 6t8teJnert8 In ts UK Iho FRtr8 Ethka st￿ havg f￿filed othw •thtc respon8ibllMo5 In th680 rwplromenb. We Wl8vgllHI lh&a￿￿t thc• C(oicluelon• I￿￿210 golno ¢onogrn tho KryaratkM of1￿11r￿￿44l statun￿)￿l￿ BBBgJ crfl tho 4Yk wa hAYè pthftrtd. wo hwe kterth matorfHI b) WBnts or ￿nd1￿8 ltrL [nyl¥1th￿￿ OT oIIBclfvdy. mw o¥at tknjbt on thBrltsbla o)miArf8 abllty to a8 8 ¢y)Nsm fcr 8 Fthod of at l&H•t 12 months from th tha fknancl slaiemwts 8r6 Y reBSrrfvJIIAINkn P￿d thB dlr•#orn I88pth￿ tsj gjlro In othgr the lIFr1￿ sltherts aml our rwl thmi. Thg aro tBswmsIWe knr Ihe 8rty fom of Bèouf8TU CondUsk￿ thwoon. tr￿n8[￿￿1W1th th8 flnoThYal slalmits kno￿e￿a? stslnwJ In th8 cour88 Off￿ atyjlt. or 0thgr45¢ 8PPWS to mai• rnl9818t￿t. Idrfy material Inwrnll￿03 or 8PP8lQrt r￿Ul[￿l to d¢Thtna lh rfye to g matorfal mlBBlatqnonl In m#tetsl mlgqtmwrtclll <thw knftyrngtkn, WB we iryAr&J to rwifhf&* We havonc4thg kn rwln ta¥ Iwd.

ThE FOUNDArnM IA ¢wp4ny UM1￿ byGuN￿l1•j JO Wnthw2023 12 VffjEPEMDENT AUDITORIS REPCRTTO TfrE MFJIBERS ThE B18WA8 FOI11￿AT1Cl (i¥oThfjhNwdl In our(f4thb b9wJ on in •A' In the Ight Df Ihe trth%ledgo And (rf th8 (wltabb tt¥ky)y lo tyv¥lTorffient ctaknod In oflh& oudl WB hava TrAldwiOfiod m8torfd Eirgcx8.AnnU￿ Rw utr68 VBto rqy)rt to)￿ ll. In C￿1 Ih8ltngMd rxrt In Th￿18 on(1 rotLThS; or .audtCf &Yp1akn￿[ lj1￿ dr￿(￿ 8toknwrt OTr py IDJ. thè dtrth re8tKywlble preparolTon ofts ffln8rtht fitatem￿ts ond aBI￿ed tkAt a true WAI falr ar¥J lty hlwnef a¥ ts fi￿ dgtomilng 18 w to tho prgparth of In the Ilwdd the [B5PL¥￿￿1g for 9s80881ro the thwlt8bl8 0)Mp￿y￿ a￿￿ty to s# o ￿h1O oJn¢Am, dB(ao¥kvJ. aB *bl&. n781kn fdated a>rnn ond u81r

THE B18WAS FOUNDATIOM 13 30 &pkmbei 2FJ28 INDEPENDENfAUDrroRP Rpjiofff TOT+E IIEMBER81%THE BJVIIA8 FalNDAIION (¢&Wnuod) fw Ym maf&lal rn8tatthrf t)8thar dugto traud orwtor. to gn rewtth81 Incr￿163 ur opknk)n. Re￿tIo wJr&Ke wur8￿, l¥Jl ￿ Mt 8 uuMtg9 Ih81 ￿ audll ndurted kn ac(wdmYllh ]ShJ {UKlx• * d1 a It gxl& Mt¥pl¢lw￿ in 8th from fraud crf error ¢￿k1￿￿j mat•fal Ir. or kn th& 4ggr•, 81a1￿•Th￿. ItreguLgrfll8s. fr8￿1. se kn81gnLg Thqfh rWJAal￿ts. We iknlgn Proc￿1￿ In Ilrk ￿lIh ￿r rnSKowlhlllkn. tr) nwI￿1￿1 mI88latan￿ h rw ol Irrngulartll￿, Incl¢JJW fr￿￿. Thg to oro do InEgUl9r￿, frwd bd¢w. C)y l() gnd a98888h￿ ijf materfd In rnBpwA of 5rwi Su￿ 8•r. tho flnaftd￿ 6tot9fflwrt8.￿ OFW81or• rf IhB ￿9ry. Com￿195 Ad 2fTh, mBldwJ erqulrkn ol M￿g￿nont wJ Inthdhg obtthh¥ by. Ma￿ e8 oJn8klwed t*re wa& 6uwtllllty to fJxHI(lorfThJ the In￿￿81 In fo fwd aKI wkh I ragulatk>nw, and To rf8k0ffr&￿ thr￿h manwwt cpMkl• (rffXrtd8. o Inthf4thrn ￿ potwthl btss: OTKI

THE B16WAS FfXINDATKN (A C¢mp#ny UMlt4d ty (knrnnts•) 14 roguialc￿￿ frIAD flnandd tr8MacknB. Ikdy n 18 thgt Wo tt¢k1 become aware rA Tr) (x)mpllarKx Audlty tstandards 8kn llmlt 119 ￿dI1 TwJ￿ad to lkntty MrtrOJmpll￿0wlth la¥4 and to￿tyry ofthgdlto¢kn the l• of rwJ]thy 8nd1ougJ gspx(Jenw If ￿. A lUrt￿r dthplh)n ol w rBspLmMU• Ib the ¢W￿V at Th18 d&¢rfptktfamB pertdour wJtt(<8 rwt U8D olour r•port Patt 18 of tha CompnleB Pd 2rx)6. Ow 8udSt Kyk hB6 Lw undtrlakth 80 thal rntom 8tato to I ¢hwIt4l￿ cffii8 m#mbw8 trme matws wg 818 Io 81 to I1￿ In an report 8Trd knr no rAlwr purp¢m. To tho fiJll&t OMt4rt [￿￿1￿1 by ￿. aw w a5swng won8W)lllty ary￿ne rAhttt￿ thè rthble •Jrw wjt rf Sxthlts retm orlorthg ophkrn ￿have formed. St4)￿￿ CyBri￿ FCA 8enknF8latubry Atth for and ￿ behallof CxBrf￿ &G) Sta￿￿y￿￿j1or IAFknthSt 8￿y Y08 4DT

THE BI8WA8 FOUNDATION (A Company Llmltfjd by Quwanlgo 1S 8TATEIIEKf OF FINANCIAL ACTivmES (Includlng In¢om8 and •xpondhurn ￿Count) for I￿y￿Rr w¥lgd 30 8•pt￿bar2023 YCOME 7,174 5,69B Ino)m• frtyn Charli¥bl• Aotm . IrN68tm6rt I￿￿me fN24310 1,214,683 Totsl In¢om• 1220,301 EXPENDMJRE Exp￿dIt￿ra on Charltabh ActfvMla• r&8,1E 944.1P Total ExtxndI￿rn 944,1 27&181 Not G4lns 1 (Lo48ft•) on Not Incomo and net mov•m•nt In lund8 for tho y ,5ta 1873,027 Roconclllallon of FundB Total Fund8 broutht forward 21,￿9￿6 19J)76,498 21,949 625 Th8 8tatement dltnandal a¢Uv]tkn Indutho al gth s￿1 kJBw In Jffjv. The notss on pagos 18 ts) 24 fomi part ofth88o statem￿18.

THE BISWA8 FOUNDATION (A Company Llmltsd by Guwanto9) 16 BALANCE 8HEEr 30 8eptomber 2023 FIXED ASSErs Fre8hold Investrnent Propwty Inv88tm Tot81 Flxad A880ts 13 14 zrw).( 4 167.352 31,437,362 22,￿,0 26,194.536 CURRENT A88Ef8 Debtor8 Cssh at Bank & In Hand 21,D21 228.798 17 CREorroR8: am￿nts fallhw Ythn (¥ne >par 16 NEf CURREiif <UABILmE8) 31,373.204 26,IX4,405 CREDrroR6'. wnounts f8111ry du8 17 2,WA10 3,114,970 TOTAL A88ETS LESS CUIUIEKf LIABUTE8 21 FUND8 UnM8trfd Fund• The ao)wnts ap prep0red n a(xJxdarK*th knllhln Pwt 15 of Iho Companle8 Act 2008. The8oflnwKlal ¥tstsmerrt8 ￿re approvwj tythe B(thl of Dtr8rtorn ￿ 25 Sepknbw aY24 arKI 819n￿l on h bohaEf DR N BISWAB Dlyoctor Compwy no: 08087075

THE BI8WA8 FOUNDATION IA Company Llmltod by Ouwarkno} 17 GA8H FLOW STATEMENT For tha yoar 30 2022 CgDh gengrgd ty owrnllng a(thlt 19 ae8M76 Ch flow8 fr<)m Invejtlng actmtlos Improvements lo fr89FK4d Invethont try Sath of Inve5trnents .FlJrCl￿88 d Inve8trn8rts {￿.4(¥)) 265,641 613118 182.416) 394,415 Caoh outnow from Invesuffj actMlk• (417,876) (281724) R4wient of borrth*1n98 Cash wl In flnanGlng a￿vItI0 201678 Incr•aM I (Do¢Ma89) In ¢aBh ¢a•h oqulvalgnts In th• ywr (117,724) 'Caoh and cash equt¥al•nts at Iho boglnnlng of thg ygv 154.102 271.W28 Totsl Gash and ca8h ￿U[valOrI8 & th9 ond ¢f the yoAr 227

THE BISWAS FOUNDATION (A Company Llmll¢d ljy GuaMnt•è) 16 NOTES TO THE FINANCIAL sfATEMEKf8 36 Septwthor 2023 ACCOUNTING F￿[c￿5 The prfndpd at4Jimllrw Fdd88 8re sLMm￿ bth. Th8 have bean jn81slthlythr￿llhtsJttr￿ >w ONJ kn tha pr6(tho >w. The 8tatements hwe b8Bn rKerffid In wrd8nee wlth thè CharlU88: Statement of R¥￿Mmendad Prddt( {appIl￿bla to prepth￿ t￿1r &counts In acwrdanc6 thrfth the Flnandgl RepcUng Standarrl In the UK and ReNknll¢ of Irthnd (FR8 1tr2)) (Issu￿ In 2019). (Chwltles SQRP (FRS 1tr2)), lh6 Fu)arthl Rofvg stand￿ applhe In th UK and RapU￿[C of I￿l￿d (FRS 11r2) and com￿le$ 2(N]6. The B18wa8 Foun¢J8llon meth ts d811nlkn ot a beneftt enllty under FRS 102. A&9ets arKI lthlitkn ¥e Inlualty re(￿gn￿ed 81 hlutorkal t￿1 or tr￿a￿On va￿0 unlass stat￿1 the rdevwrt nots8. Golng Conc• Tho dlrfjcaor8 ￿nSider Ihat thorn w8 no mthfal at•)ut th8 ch8ftltablo ￿jmpa￿8 abllty to conUnu8 as a plng conc•m. Th8 Iru8tees do not con51der Ihat thare are any 8rAJrce of eBUmatlon Ur￿[alAty 81 the reprtkng d that haNB 8 8￿1￿(￿t rk a matsri adJu8lmont to thB rarryiffj am(xrnts d a88&8 ￿d11￿1111oB th Iho nèxt rèptffury pwkyj. Inoomo Rwinltlon Pollol•B Items of IrMme aro rwThBod and IrKlUd￿ In th cl fobthg crit￿ aro md: • ¢h8rtty ha8 enlttlern&tt to thts furxls; • any pWro￿an(￿ (ondttlon8 tr) th8 iW8) of knoYn& Imvo m6t or are ftlly vAthln tho ¢ontrd ofih8 ch8Jlly, • there b wffident oert8lntythat rectrfth• Ix¥)m8 b ￿n$￿1&d mbable; and Donatod sprvI￿ and F￿111•6 Donal8fJ seNk8 ¢xfaolltttas are a8 trK¥Jme kn tho thaTIty h88 c#)ntrol ov8r tho Item, ary [￿ndItIonS a880Ck￿ vlth lern have baen MOL tho rocelpt of ￿￿￿MIC benofft thg u88 ty the dwlty of the Mem L8 arml Ihat eL￿n0M bènefft¢8n bo mea8u￿1 relktty. On ￿1p( donatsd ser1￿& and fa￿lI￿aS are rnctrantsed on Ihg bas15 ofthg value of the gftto the ¢h8rliy lh8 snowt the (wtty V￿1￿ have bggn wllllng to pay to obtain 8oTrvke8 Orfad1￿e8 d 4uWenl wpjrwnlc b8n8fft ￿ the open mth¢ 8 cx)rre8wfKllng amount is the￿ rwrlged kn in Ihe period of reclpL DMdend8 & Int8r•8t R￿1¥b Dlvldends aro recogn!￿] orwje the dMd8nd18 b8en and nollnoallon haB boen reoefved of tho dmdend due, Intor88t on fund8 on arml ￿Tr￿n1 ¢an bo measw•J rellabty bythè ¢h*. r￿rn￿ty Ukwi fKthatlon of the hrtwe8t pald or payable ty thg Ban

TrIE 8iSWAS FOLINDATK)N (A Gompany Llmlled by Guar￿1 19 NOTES TO THE FINANCIAL STATeMENfJ (Conllrrfl￿) 30 8gpt8mber 2023 AccouKfiNG POUCIES (oon¢knu8 Fund Accountlng F￿d8 herd by tho charlty aro urn&trktsJ ￿ne￿I fiJr¥ls. Tha90 ar• fwrtll whlth oan ￿ u8•d In a¢¢ordm ￿th the L4wttatlb oblth at the dt8ry9lbn rf tho trusts&B. Expend1￿rn and lTroMv•rknl•VAT Expgndliure Is re&)￿16¢d onc• thera ￿ a l cf obllgakn io makg a ts) a fhlrd paty. h18 pmbgFle 80tlknont wll rwknl the ¥nounl (rf tho ob]Igatrin can bo mea¥ur&l rellAIIy. Expendtturn on-charttatAgthA198 th8 (xts of provkllw 8tdrth) oary <￿t of th6 ¢harty and thbtr 8UPWt (Thts. wa8 In￿ll￿d. Alk)cadon of Support Costs Supwt (X>8ts are thcwfundons tst ￿thIthe (wly l¥Jt do n¢X (e¢Uy und￿tsk￿ chaltable 8dfvltl65. Surwt knrJud8 back ollk• cogts, fir￿r￿, p8t8onnd, and g(wemwKe mqts whkh 8UPWJrtth6 (x)mpanl8 8LMeB. The baso8 on b¥hk SUp￿rt o)sts have dlocatpd am Sel (Mrt kl rK)ts 6. The Inve8trnent prcrArtkn held as fw a88d8 are vfilued at th fyal￿ attha Wanct SI￿t ate wy881186d b8Be8 we rwil8•1 In th8 IrK£rfn8 and E¥pendliur• Accwnt. Invesknents n shown atfatr th8 sh￿1 dal& R88lknd galn8 on InveBknents r8(x)gnW In It￿me and Exwdknekny￿nt. R•all8od ¢)aln8 axl Lo880 AB ￿1[[8 ar￿ k>88es ar8 tsken to Ikfj Staementil aB &lse. RoallB8d galnB and 108888 on Inve81ments ae the dIffw0￿ betrthn Sal08 proceads thdr ¢)penlng (w￿r￿￿ vdue cy their wr(knse value tf wulr•d thwuent to tho first day of the year, Unrealssj ￿nS 8nd1055es aro edculated 8B kn dlTwenca Ihefalr at Iho efKI and Ihelr corwng valuo. R8allwl S￿1 u[￿￿￿ed gth I(we8 Tr)mblned kn Iho StateM￿rt of Fin8nd4 ￿mIeS. D•btor8 Tr8d8 arnl debtors 8r8 f&i¥ydMI at tho 8moLrt duè thr any trade lyado dIs(x￿ntS duo. Cash 4t Bank and In Hmd Cash at bank cash In hand IB kn resp￿1(￿bank

THE BISWAS FOUNDATION (A Company LIMtt￿ by Guwantso) NOTES TO THE FINANCWL 6TATEMEiif8 (Co￿[￿•d> 30 8¢ptombw 2W13 ACGOUTrrnNG POUCE8 (¢ontln Crodltor• and Prov181oM Credjtorn S￿1 pro￿¥￿￿19 are rwknl whom thoclty h88 a PT8Srt obllggth)n r8BulUng from a past 8v8rf( thaiw111 pub8bly reg￿t tn tha trensffyr offunds to a thhl p￿ty￿K1 Iho amount due to 8etUo the b8 m￿￿ed or 0811m&gJ rellat￿y. CrwJllor6 and dlseffjun18 duo. Flnanclal In•tnmionts ' dwlty 01￿Y ha8 flnerKAd a880ts WKI IIthWtl88 of a khj Itot quallfy aB ba8 fin￿￿101 InstruM￿ts. flnancl81 InstrUm￿ts ata kn￿lly rew180d at value and sutrAequenlly meaBur8d at theLr BetIlem￿t value ￿ th8 ex(4￿On of b8nk10ons whlch are 8ubEew8nly mea8urod v4ue pkts Intwe8t le88 rgpayment& 81gnlll¢ant Judo•mort8 and E•tlrn In atrjlylnglts 8¢x0￿11￿ pdldes the ￿mpary thj nc to m0 Nnoantk4dgom8nts. or estlmate8 LEGAL STATU8 OF Foul￿TIoN The Foundatia) a txynponyl1n￿t8d by gLw8nt88 ar<1 ha6 no slHre Lypltal. In th& wrt ofthè (wNy b8lng ts118bWtyln rtsofts warankn18 Ilmlw io £10 p6rmombw otlhg ctsrlty. 2022 DONATK)N8 RECEIVED Dr N Bl8wa8: In k Dr N BIsw, of the dke(th. Irurrwl oxwthiro of£7,174 on t*haWofth charlty. VE8TMEKf IMCOME Rentsl IrKiYno D￿jaftd Incorn I,409,￿8 14.612 1,204.170 121486J

THE BISWAS FOUNDATION IA Cumpany um11￿1 by 21 NOTES TO THE F114ANCL4L sTAT￿NTS (ContIn￿d) 30 8optambar 2023 ANALYSIS OF EXPENDMIRE ON CHARITPJLE ACTivmE8 ]nve8tmert Donthrn T¢Aal Tot8J DoFMYon8 Mada {89e nckn 7) Agents, Commmon Prop8rty Malnienance Propety Cwlng & Gwdw In8uran¢e Ucenc Councl Tax & Waier Ughl & He tDr Exp8n88B Tdephor. Prln( Po8tsga & Slakwy Loan Inl8r8St Bar C￿rg85 2372FAJ 237,250 78,819 124,858 22,840 447,150 113,980 104,180 12,259 20,086 7.820 8,112 15.323 4041 78,819 124.858 25,61Kl 1.4 15,409 1,490 15,409 11.891 4,￿0 5.747 183.708 6.747 183,760 172.317 75 1,471 6,1KI 1,117 1130 1,117 2.130 Legal & Profes8lonal Governgnce Costs (8eo Njle 8) Supwt Costs (see note 6) Tolal Exp￿dItU 9,825 495 ￿ 237 250 ANALY818 OF ¢30VERNANCE AND 8uppoKr COST8 Thg comp8ny Inltt8Jty Idenlifi88 Ihe coBts of it¥ 8t1pp￿1 ￿￿￿8.11 then Idontlfkn tIv)8e Ix)8ts whkh rd4to lo th8 9Jvenwy(% f(mctrL The tabb bdfA¥ 88ts (xrt ba￿5 for ￿￿onI Ml the analW8 of supwt arvj g)ywnanc ccts. FurKon 2D23 7.680 attlual costs 9.825 aotual COb48 Tcth B8818 Fun(th 7,2eA) 8Lml 6v 15 104 adual Gosts 15.104

THE HI8WA8 FOUNDAT]ON Cornpany Llmlted by Gu¥Mtsg) NOTES TO THE FINANCIAL 8TATEMEpif8 (cothu•d) 30 September 2f23 AMALYSIS QF DONATION8 IrfADE Thg Bbwa8 Ethjcatlonal FourMlal1 zhfylm8Tts R8se¥ch In8tht8 ofCpJw ReBe L8gds Hosplia st Gemma'8 HoBpk Le&J8 UnE Fixrtstspg FurNJ 210.CM)O lo.￿0 10,000 430,¢y)o 10,In) 8,100 130 130 2023 NEf GAINS J ILOSSES ) ON IIIVE8TMEpif8 N8t Galn8 on F￿￿k1 ITWtmert Pr(wty Not Galn61(Lo8889) on Invtrrffj 4,389,000 3,￿17,586 420,739 NEf INCI>IE FOR THE YEPR IB sta￿1 after charylro l (crn4•[l￿>. Audli Nel &gln81 Lo888s) on Inve￿ (Th)ta 8) 7.560 10 srAFF COST8 & NUAIBERS No 8laff emFlo>d duth I￿1 nll) 11 No reM￿￿Te￿ wa8 paid to any dkectty (2￿. £T•). No dIr￿ rwafved any8xp￿Se8 (2022.. £nlll. One oftho dlroctor8, Dr N BI￿￿ pmnalty Ino{￿￿ of£ 7.174 (20Y2: £L%,W} on bahaifof 12 TAXATIQN As a c4)artty Th8 B18was Fr￿￿]atkn Is exemptfrom tsx ￿ Irttime and ￿1n8 racknl wRhln ¢at890rt05 ry)vered byCh3pter 3 P& 11 Cc*wJr8th)n Tax Act 2010 ¢x 8258 of Taxatlon ofChary8gtlg Galn8 Act1992 trJ that to obJ&ts. No t8x has 18en In thg ￿.

THE BISYIA8 FOUNDATI(h (A Company um11￿ by Guwantw 23 MOTE8 TO THE FINM4CIAL sfATEMENT8 (¢(¥thwd) 30 8opt•mbor 2023 1022 13 FREEHOU) INVESTMENT PROPEirrY Far Valua at q Octc4Jw %r22 knprovements at (x)st D18P08als at Va￿8 Add net ￿[nE from fak v￿e adJu8trr•w Farr Valué at 30 Soplembw 2￿28 2203D.(MM) 19.730.000 82,415 3017 585 The I￿8h￿d propwUe8 vth rwalu&l tythe dIr￿￿￿ on 30 Sepknbw2023 (m thè b4BIB of ext6tlno uBo. The freomd woporU68 w8r6 la8t ty8xlornd valwrn kn 2014. 14 Falrvaiuo at 1 OrAob8r 11)22 at D18FwIB at Carfft Value Add nat ￿n 1 (1058es) from f value fAIJ Fa￿valUe at 30 Sept￿b￿ 2023 2.364,536 813,116 {270,567) 2,584.988 694.724 (443,W4) ..LEsled on UK st(￿4( Market Estad on US PAod( Market Lt8ted Over8ea8 Equttk98 Ca8h hdd vthwi the Invwtrfftrt Prytfolk) 286.IT2 3050,0￿1 17,T78 3,342 212,007 2.147.540 10 LEBTOR8 Tradè DebtrJr8 2022 10 CREDrroR8." amtyjrts fat11￿ the thln w. . Trade Credtorn Bank Loan8 Olher Tr&lltl¥8 14,528 228,418 ,0 292,946 41,783 213.381 The ¢ornpaTry has tsken out4 bank k)an& At 30 21Y23 Iho108n d8lak were: £2.342,449 ¥Ath Intorest ai a fixed rato of 5.6V £295,897 th a v8riaile Interest rnte. OJrTEr 3.25% £156,871 th 8 V8rlatk Inlgr8St rat￿ ujrrarlty 3.26% £3&3,610 ￿1h 8 varfaL49 *tsrg8t rale, ￿lfeth 3,25%

THE B18WA8 FOUNDATION (A Company Umlted by Guarnrkno) NOTES TO THE F114ANCIAL 8TATEMEp¥f6 (¢onUnu SO Soptwnbor 2023 nts falllw aftw m(Tr tlwn cfflo w. Barl( Loans (for krtere8t kn 8ee Mjts 18) .410 3 114970 Anw rf bank Icén Instalments fdl duo for payrimt afier IrÉiYè than 5 y 18 UNRE8TRICTED FUt4D8 Al 1 Oth)￿raY22 InrAmlng Rfj8￿r 21,949,625 1.431,484 (733.158) 5 824 941 28 472,794 Nel G$ln# l (Lo88e8) on InVe8th￿ Propwty8M on Investr￿t6 At 3) S•ber 2W23 RECONCILIATION ￿ NEf MOVEMENT W FUNDS TO NEf CASH FLOW FROM OPUIATING ACTtvmES 2022 Nèl movernenl In fuNIB Fak Value PAllustments DecTraGO In dobtor6 {De(YÈa80) I Irvrn In (¥edlkn¥ 6,523,269 (5.824.941) 19.821 (￿.255) 2,873. (ZW,846) 83.527 Nat Lxsh u8ed In acthltl88