CAMBRI[￿￿ IN AMERtL'A (UK} LIMITED
REPORT AND
FINANCIAL STATEMENrs
roR THE YEAR Ef¥DED 3 1ST JLtLY 2025

CAMBIUDGE IN AMERICA {UK) LIMrrED
[￿ANCIAL STATEMENrs
FOR THE YEAR ENDED 3 1ST JULY 2025
CONTEwrs..
PAGE..
TnL8tees Report
Auditors Report
Statement Df Financi81 Activities
Balance Sheet
Statement of Cash Flow5
Notes to the Financial stsiements
10-14
Registered Offi¢e'.
15c MiltOD Road
Cambridge
CB4 IXE
Auditors..
Prentis & Co LLP
& Auditors
115c Milton Road
Cambridge
Bankers..
Barclays Bank
I Churchd] Place
Leicestrr
IE87 2BB
Wise Businc5S
56 Sboredilch High Street
tA>ndon
El 6JJ
InY¢stsnent Brokers=
Cliarles S￿￿tY & Co Litnited
1st Floor
3 Station SquaTe
Cambridge
CBI 2GB
Registered Charity Numlw..
1128757
Registered Company Number:
06804777

CAMBRtDGE IN AMERICA (UK} LIMITED
TRUSTEES REPORT
FOK'f14E YEAR ENT)ED 31 SI. JULY 2025
The Trustees ue ple&L8ed to present their annual Trustee5 Report together with the fu￿ncial State￿¢￿ts of the charity for
the yeftr ending 3 1st July 2025 which are also prepared to meet the requirements for & directofb report ￿]d accounts foT
Companies Act purpose5.
The f]nancial Ststements comply with the Charities Act 2011, the Cornpanies Act 2006, the Memoranduln and Articles of
Associ&tion, and Accounting and Reporting by Charities". Stdtemeni of Re¢ornmcDded Practice applic&ble to ¢hariti¢s
preparing their accow)ts in accordattce with the Financial Reponin8 Statmlard applicable in the UK and Republic of
[rel￿d (fRS 102) i55ued October 2019 <eff¢dive l Jpnuary 2019).
DIRFcfoRsrrRUSTEES
The directors of ihc charitable company (the chariry) ore its I'n]ste¢s alld Brc collectively referred to as the Bo3xd of
Trusiees. The inernbers of the Board of INst¢es during the )Ear weTe a% follows..
WilliaEll Janeway
Adri￿ Weller
Kuth Whaley {r￿Igned 4th Julle 2025}
Robert Sansom
Paul WarreTh
'the Trllstees have the power at an)time to apwint any persoD to be a Trustee of the charitsble company. Ther¢ shall
be a minimum of two Tnjstees, but no maxllJUm.
K¢y ManagL&ment Personnel
e Trustees consider that they cotuprist the key managem¢Jrt of the cljarity in charge of directing and controlling,
running, and operats'ng the charity on a day to dav basis.
()BJF.CTtVKS ACTIvfiiES AIYD PUBLIC BENEFIT
Lanibridge in America (UK) Limit¢d's chariiablc objcttive js to advance education and 5ciencc, in particular by
supporting Cambridge in America and Ihe University of Can]bridg¢ and it's con5titucnt C4)Ileges.
'Ibe University of Cambridge uses the fiTnds it reVi￿'t& from Cambridge in America {UK) for charit3ble purposes.
Foi. example, students benefit from molli¢5 used to create bLtrsaries and to 5UPPOrt sports,. faculties and fellowships
benefit from funds donated to th¢ college5 and departmenLS" and the public benef￿ from the funds received by
vrrious areas of thc UDiv¢rsity, includintr the Library.
The charity fimdraises in order to provide grdnt support. During the year, the clthrity continued its fundraiSi￿g activities,
raising donalions of £4, 101,999 (2024.. £606,246) including rccoyerable Gift Aid, and donaling a total of £4,)93,624
12024.. £592,440) to th¢ University of Cambridg¢ aT￿ TVS constitllenl Collegds.
Public Bencfit Statement
'lThe Truslec5 haye had regard to the Charity Conmiission's guidallCQ whith sets out tbe requirements for charities to
demonstrate that their aims and activities ￿e for the public benefiL
FINANCIAL REVIEW
During the ytaT ended 3 1st July 2025, the Ch￿Ity rec¢iv¢d donation5 (otaliiug £4,609.334 (2024.. £510,275) of which
£4,609,334 (2024: £510275) were rertTiCt¢d. In addition, the cbarlty recovervj Gift Aid of £92,665 {2024: £95,971)
on donations.
Expcnditure for the year totallcd £4,403,646 (2024: £606,438). £4J93.624 (20?4-. £59",440) of this kntsl related to
grants made to the UDiV¢TSity of ca￿bI1dge and it's constilucnt Collcge5.
The funds at tl)e year end totallcd £438,155 (2024: £120,960) of which £253.133 (2024.. £NtL) was restricted and
£185,022 {2024'. £120,960) was unrestri¢Éed.

CAMBRIDGE IN AMERICA IUK) LIMITED
PAGE 2
RUSTEES REPORT
FOR THE YEARENDED 3 1ST JULY 2￿25
Reseryes Policy
Th¢ Tnth¢s havo reviewed the requirement ofthe charity foTTeserves and have determI￿that1he level of Te5tricted
fi￿d5 allow the charity to undwtake its fuh]r¢ ¢lwit8bl¢ a¢tiviti¢s &8 a grant giving entity. The Trustees, policy is to
distribute the majority of iucom¢ received ill tho yBar.
Fu￿dra￿1ng Polky
The c]wity aims to ￿]eve best pradiG¢ itt thB ID whith it communicates with donors and other Suppl￿￿. li takes
care with both the tone of its commullications alld the accuracy of its to miDimise the presS￿e on 5UPWrt¢TS. Et
applies best PTactice to protect supporters. dats and never sell dat4 it never swaps dats and eusur¢s that corllmuttication
prefrrenc¢s cau b¢ rballged at anytitne. The charity Jllallages its fundEaising activities and does not employ tbe
serviGEs of prof￿]Onal funthaisers. The chaTity undertakes to reaetto and invemigate any complaints regarding its
fimdraising a¢tiTritie5 and to l¢arn from alld illJprovE its service. Jknin8 the year to 31 Juty 2025, th¢ clknrity
received no rornplaiDts about its fundraising activiiies.
STRUCTURE, GOVERNANCE AND MANAGEMENT
CoDstilutlOD
Cambridge in America (UK) LiD]it¢d is a registered charity, Charity R¢gi5tratiOD Nu￿ber 1128757, and a150 a company
with shar¢ ¢apital, Company Registration Nwnber 06804777. The £1 ordinary share eapital is owned by Cambridge in
Arnrric4 all organisation b&5¢d inNew Yort USA The dwitsbie company is governed by its Mellwrand￿ and
Articles of Association.
Risk Management
The Tn￿e£S have a554ss¢dth< rnajorrisk% to wbich the charitable company is exFw)seQ ID particu]ar th09¢ relating to the
operation of the cbaritAble c4)n)pry arLd its fina￿8. Given the Dature ofthE ¢lwitable artiVitiES. the risks
are limited. The Trustees pJe awaTe of the need to rnoDitor grant expendits￿e alld manage foreign exchange risk. Monies
ar¢ gtynted to a restricted number of reelpients within the University of Canthridge ivs ¢ODStituent Colleges, and the
charitable company does not Con￿nIt to Traking until illcotlle has been received to cover the grallt.
STATF,MV.NT OF TRLSTEFS, REPONSIBILrriES
The charitsble COll)pan￿s Trustees (who are also directors of the charity for the puTroses of WDpaDy law) are respongAI)le
for preparing th¢ aDnual iewjrt and fjnancial statemeDts in ac￿d￿n¢t with applicable law and United Kingdom Generally
Accepted Accounting I)racti￿.
Conwany lawrequire5 the Trnsttts to prepHre fiTthneial statements for each financia] year whith give a true alld tsir view
of the state of affairs of Cambridge in A]nerica (UK) LitDited and of its incotne and expellditw¢ for the financial year then
ended. Ill ptr¢paring these fJnaDciaJ ststement& tbe Tn]st¢¢s aTC fEquired to..
• select suitable Keounting policies and then appty them consiste￿.
• ob5crve the meth(xls and prin¢ipl¢8 in A¢¢ounttng ond Re￿rt[￿g by CFJarities.' Siatemutt of R￿OrnMended PTactice
applicable to chaTities PTepaTillg their accot]nts ar(X)rdats￿ with the Financial Reporting Stsndard applicable in the
United Kingdom aDd Republic of Ireland IFRS 102)-
• rnake judgements and &stin￿les that are reasonable aud pthn¢
state whether applicable UK ac¢outtting standards have been follow&1 subject to any material departures disclosed
and explained in the fillaD¢ial staLements'
' prepare the financial statements on th¢ going conc¢rn bwis Ut]1¢ss it is iwpropri&tc to pre5Ltme that the charity
will eontinue in operatio
The TTU$tees are responsible for maintainjng proixr accounting records which disc105e with reasonable acGurw at any
time the fJnancia] po5itiun of the charitable company and Mthich ¢nable th¢m to cnsure that the financial statements
comply with the Companies A¢t 2006. Th¢ TTustr£s ar¢ also w5￿)nSible for safeguarding the assets of tbe ¢h¥ystable
COTnp&ny and hen(% f(K taking reasonabl¢ Sty forthr PTev¢ntioll and dEtection offrdud and other irregularitie5.

C.AMEIIIITXTI-. IN A￿lLRICA IUKI LltvllTf.D
TRUS ri.i."% kF.PORT
roR I'IIF.. YLAII ENLICD 3 1ST JULY 2025
Sl'A Tk'MI ENT ()fr' I'RUSTF.FS' RF.PONSIBILITIF.S
l-.acli ofthe lrttsiees confiTDiS Ihu-
far as Ihc fru51L* is aware. LIK￿ wa5 no rtle¥?hi audit informdioTr ofwhith the eh&riuble cDnipanv'5 audiioi. Is
Iiflaw14 rc,. and
th¢ I'rug￿l. lin5 trkcn all st¢PS Ihai helshc oyghi to hJvc takeft as a l-ruY2e in order 10 m*E hilltseifih¢r5eif&war¢ pf
any r¥levdiil 4iudii infornialion fuid to establish dic C1￿14b1¢ coiThpanls auditor is awarc of th&t i1..foni￿ljQTh.
IThis Luftfinn&iion 1$ given and should be iDterpretEd ITh Bctordatscc wilh the of s418 of the CompanieE Acl
2006.
Sloiicd on behalf ol-lhe Tnisle¢5 by..
PAV
'rrLLsiec
.4ppro¥ed b). lh¥ TrustLrs tsn

CAMBRIDGE tN AMEiUCA (UK) LIMITED
PAGE4
INDEPENDENT AUDITORS REPORT TO BOARD OF TRUSTEES OF cAmBR￿￿E fN AMERICA (UK)
LIMITED
FOR THE YEAR ENDED 31 ST JULY 2W25
OpiDh)n
Wo hktve auditedthe fJnancia] Statem￿ of Can]￿idge in Am¢ri¢a (LK) Limited for the year ended 31st July 2025,
which compri9e Ststemenl of Finaticial Activitie5, Balau¢¢ SbEeL Cash Flow Statements and DOte5 to the financial
sthtements, inGluding a 5urnrnary of significant acwuDttug policies. The financial rep)rtiDg fram¢work that has been
applied ill their preparation is applicable law and United Kingdotn Accountiug Standards, including Fin8ncial Reporting
Standards 102.. The Financial Reporting Standard app]icable in the UK Rq)ubli¢ of Ireland (United Kingdom
Generally AcceW¢d Accoutrting Prartic¢).
In opinion, the financial Statements".
' giv¢ a true and fdir view of the state ofthe CbaTity's affair5 as at 3 Ju]y 2025 and of its ir￿￿1￿ re5011rce5 #nd
application of r¢souTces for the year thett ended..
. have beell PTop¢rty prepared iti accor￿ with United Kin8dom Generally A¢¢epted Accouuting Practice.
. havo be￿ prepar￿1 ill 8ccordarJce witb the reqUIren)￿ of the Compalli&8 Act2LK￿.
Basis of Opillion
We conducted our audvt in 4GGordance with Internation￿ Stamdud5 OD Auditing (UK) {ISAs (UK)) ¥nd applicable law.
Our reS[￿s1￿]I1ties UDder those stsDdards aT¢ further descnl>ed ID the Alldithvs responsibilitie5 for the audit of the
rma￿la1 stslements section of our report. We are indepeDthnt of the Charity in accoTdance with etb]￿ require￿¢llts
that are re1¢y￿1 to our a￿111 of thE fillancial slat¢ments iu th¢ LX incluthng the FRC'S Ethical Stamdart and we have
fulfill￿ our other ethical responsibllille5 in a￿orda￿Ce these wuircmthts. We believe thatthe dlldit evidence
we havE obtained is sufficient aThd appropriate to provide a basis foT our OPXlliOJL
Conclusiolli Re]atiDg to Going ConeerD
In aLiditing the fina￿131 ststetnent5. we have Concluded that the tr￿c<S, ￿￿e of tbe going concern b&sis of accounting iti
the preparatioD of the financial stst•nents is appropriate.
BaseAI on the Work w¢ have wfornie(L we bave not identif￿d any llwt¢rial uncertainti¢5 T¢lattDg to events that, individually
or collectively, may cabt significant doubt oll the charitys ability to continue as a going concern for a peii(Ki of at leoyt
twelve month5 from when the fiDBncial ststements are auth0ri5cd for i￿uc.
Our responsil)ilsties and the responsibiltties of the tr￿rtee5 with res￿¢0 going col￿rn aT¢ dewjbed ID the relevajrt
5¢ction of this ryTL
other IDfonnalioD
The trLstees are respO￿sible for other infomation. The other infortDation C4)Inprise5 the I￿r￿￿tIOn included in th6
atmual report other than the financial statemvnts lnd OUT Auditovs report thuein. Our opinion on the financial $tat¢ments
doES not cover the other infonnatian ond, except lo the ¢xtaht othThise explicitty stated in our report. WE do not expre5S
any fornj of assurance conclusion thereon.
In connection with OUT audit of the finaDcial sts1eDrt our re5ponsxI)ility is to re￿j the other infOrn￿lI0ll aud, in doing
so, eonsider wh¢tber the other inforTll&tion is ]nat￿la￿lY inwn5i5tent with the financial 5ts1ements or our knowledge
obtained in the audit or otherwise appeaTS to be materially misstated. If we tdentify Such material inct)nsistencies or
apparent Inaterial misstatern we are req￿￿ed to determi￿ whether there is a llthterial misstatem¢nl in the
finaDcial statemenls OT &material misstaiem¢nt of the other infoTmation. 1£ b&sed on the Work w¢ have perfornied,
we WnGlude that there is 2 material mi&stat¢llKnt of this other inf0m)atiO￿ we are required to report that fact.
We hav¢ Dothing to report in this re￿
Opinions on other mjtters prescribed by the Compamie5 Act 2006
In our Opinio￿ b&8¢d on the WOTk UDd¢rtgkcn in the course of the audit
. the inforn)ation given ID the aT]nual rem forthe fiti2ticial year for which the financial statements are prepared is
consist¢nt with th¢ financial statements; alld
. the aDllua] re￿)rt has been prepared ID accordance with applicabl¢ legal requirements.

CAMBRIDGE IN AMERICA (UK) LIMITED
PAGE 5
INDEPENDENT AUDITOBS REPORT TO BOABD OF TRUSTEES OF CAMBRIDGE IN AMERICA (UK)
I.IMITFJ)
FOR THE YEAR ENDED 31ST JULY 2025
Matter5 on whlch we are required to repjrt by exception
In the light of the Imowledge Understa￿jI￿g of the Charity aDd it environ￿1 obtsined in the COUTse of th¢ au¢3iL we
have not identified Y￿eTIal mi&ststeTn¢nts in the An￿￿1 RepoTL
W¢ have nothing to report in Ttspect of the following matters ID ￿latiOn to wbich the ConwaDTres Act 2006 requires us to
report to you 1£ in our opinion:
' adequat¢ arGOUlltAnB records have not been kept orrettrtLS thquate forour auditbave notbeen received from b[￿CheS
not visited by ￿s.
. the financial 5thtements are llot iu agree￿¢￿t wffith th¢ T￿l￿d5 aud retsms.
' certain disclosures of trusttts, remunertion specified by law are not n)*. or
' we have obtsined all the information and explanatiotLS ntte&8ary for the purp(￿ of ow audit.
Responslbilltles of the Truyttts
As explained more fidly lli the trustees. wp)nsil>i]ities Statem￿ Oyt on page 2 th¢ Irustees are resrrt)nsible forthe
pr¢paTrtioD of th¢ finznGial statements and for being satisfied that they give a true and fair vlew. and for such internal
e4)ntrol as they deterniine is necessary to eTJJble the prqwation of fiDancial that are free frorn mateTkal
misstatement, whether du¢ to fr4ud or ¢Tror.
In preparing tbe financial 5tatement& the twslees are re5p)nsib]e for asse&8ing the Ch￿l￿S ability to conttnue as a goi]Jg
concm disclosin& as applicabl¢, rnatteTS related to goillg concern Using th¢ going conceTn b￿18 of accountkllg
unless the trustees either intend to liquidate the Charity or to Ce￿ oE*rations, or have no realistic alternative but to do so.
Our r&¥ponslbllities for the audit of the fiTr8ncixl statements
OUT objectives are to obtain reasonabl¢ assuranc¢ 21x)ut wheth¢rth¢ fvJaTKial Statem￿ &s a wbole are free from m&i¢rial
mithatemenl, wh¢th¢T du¢ to fraud or ¢m>r, and to iksue ￿ Auditovs ry)ort that includes our opit)ion. Reasonable
asswawe is a higb level of ￿suranCe, it is not a guar8ntee that an wdit conducted in accordance wtth ISAS (UK) will
alwty& deduet a material mi&%latement when it exi5t5. Mis5talem¢nts caD ￿15¢ from fraud or error alld considered material
1£ individually or in aggregate, they could reasoDabty be ex￿ed to ttttluence the economic dccisioll5 of users taken on
the basis of these fit)ancial ststetnents.
IdentifyryDg asJe55ing potElltial ri5k5 related to irregui*riti£¥
Irregularitie% iD¢luding are instsn¢es of non.compliatice with laws and re8ulations. The prAm8ry responsLI)ility for the
prevention a￿1 detection of ittegularitie5 includin8 fraud rests with FM)th the mall￿￿t and those charged with goverDance
of the charitable cimipany. We design pr(Kedures in lin¢ with our r¢sEx￿5[￿lIit1¢4 outlined above. to detect materiil
rni&statements in respect of itregularities, includiDg fraud.
We have considered th¢ nature of the sndustry and sector, control enYironmenL laws and regulations and business perfomiance
of the charitsble company. Iaws and re8￿]￿tIOnS consid￿ed included, but wer¢ limited to. the Con]panies Act 2006. FRS 102,
ch￿ity SORP pnd UKtaxation Icgisknio
Wc have enquiTed with the maDagement in Tegards to their owi &ssessment of th¢ risks of iTr¢gulaTiti¢$. iti¢luding fraud. We
also enquiT¢d ofmanagement and those charged with governance as to any kiM)iTrn instances of non-compliance or suspected
non.¢iJmpliat)ce with law5 and regulations.
W¢ obtained releYaTrt documentation aDd TepreseDthtiOnS ill OTder to fonD an opillioD on ￿tential ittegularities, including fraud.
We considered th¢ opportunities and incentives that exist within the orgatiisation for fraud.
Based on this UnderStar￿]ng, we designed specific audit prLKedures kn identify instances of non-cornpliance with law5 and
regulations, including obtsining additional corroLxyrntive evidence as required. Examples of procedw included reviewing
l#rge and Unusu￿ tronsaction& Teviewing large utTrexmed VJTiancr4 re￿cwIllg journal Bntries and reviewing relevant
le8al CO￿¢spOndenc£.

CAMBRIDGE IN AMERICA (UK) LDAITED
PAQE O
INDEPENDENT AUDrroRS REPORT TO BOABJ) OF TRUSTEFS OF CAmBRI￿E IN AMERICA UJK)
LIMII'bD
FOR THE YEARENDED 31ST JULY 2025
There are inherent limitations iti the audit Pr￿edureS descnl)ed aix)ve. not least a5 5allJpliJg is us¢4 Jnternational
Auditing St2ndards. therefi)re not all trausactiolls aT¢ rEviewe& Therefore, there is a risk we wiu rtot det¢¢t ¥411 irregularities
including those leading to a rnaterial misstatemem in tr￿ financial Statern￿ or nonpcompliance with T¢gulatioD5. Th¢ risk
of not detecttDg a material misststemeni due to fraud 15 a150 higber than th¢ Tisk ofllot detecting one from e￿Or, as ftaud may
involve d¢liberat¢ concealD]ent by, for examplc. forgay. coll￿10￿ OTni&sion or intrntiona] tnisrepresentalion.
A fillther description of our resFMHL8JI)iliiies for the audit of the fmaDcial statements 15 locatrd OD the Financial Reporting
CouDCi]'s website at.. wWw.frc.o￿uL1audlt0rSresp0DSlbllTtie5. This d¢s¢ription forn￿ pgrt of our Auditoes report.
Use ofour Report
This report is made solelyto the Charitgs membtt& &% a body, in accorthce with Chapter 3 of Part 16 ofthp Comp4nies
Act 2006. OUT audit work h&s been undertaken so that we migbt 5tste to the Chariws Members tIM)se matter5. we are
Tequiredio $tste to them in a Audil0rf5 report alld for no other purFX)se. To the hllest extent pennitted by law, we do not
a￿ept or a¥sume respon8ibility to anyone other t}￿tt the Cbartys manbeTh &$ a body, for our audit wo￿. for this r¢porL
or for the opinions we hay¢ fonlled
igel Prentis FCA. Senior Statutory Auditor
for and on behalf of Prentis & Co LLP, Accountsllts atul Statutory AuditOTS
I l5c Milton Road
Calllbridge
CB4 IXE
lov￿ ZOZS.

rh J

CAMIIRIDCII.. IN AMF.IIICA IUKI LIMI-I'I.-D
17AOI. %
BALANCE SI IEE:T
AS A"1. 3 Isr JIILY 2025
2025
2024
No1￿5
Ciirrcjil A55Ct$
Cash at bank
441,585
44 1.)¥5
Cre(liiors
(3,429)
'ET ASSF.'rs
438,156
120.961
TIIE F'UINDS OF TIIE CIIARITY..
Callcd Jp 5hLFE tapiial
Restricted fjjnds
Unrestricted funds
General fvnd
18i,022
120,960
438,156
Approvixl b} the Bo&¥d of"fruaees .
'rRUSTEr
P PUL IA5AILILc
ThL noics on pagL¥ 10 14 Fonn part ofihese finw1￿￿1 staterThettts.

CAMBRIDGE IN AMERtCA (UK) LIMI'fED
PAGE 9
s'rATCMBNI' OF CASH FLOWS
FOR THE YEAK ENI)ED 3 1ST JULY 2025
2025
2024
Not¢s
Net cash provided byl(used i￿) operating activiti¢s
13
3 15,467
(40,920}
Change in cash and cash equivalents
in tbe reporting period
C￿h and cash equiyalents at the
beginning of th¢ reporting period
Cash aiid cash equivalents at the
at the end of lh¢ reporting period
315,467
(40,920)
126,118
167,038
441,585
126,118

CAMBRtDGE IN AfvfERICA {UK) LIMI'I'ED
PAGE 10
NOIES I'O THE FINANCIAL SI'ATEMENTS
FOR THE YLIR ENDED 3 1ST JULY 2025
ACCOUNTING POLICIES
Basis of preparatiun and assessment ofgoSng eoDecrn
The financial statements have been prepared under the historical cost convention with items recognised at
cost or transaction Yalue unless otherwise ￿ated in the releyant nO￿S to these fmancial statements. The
fiDanckal statemcnts hav¢ bo￿ prepared in accord8nce with the Statement of Recommended PractiLe.'
A¢couDtitig alld Reporting by Charities preparing the￿ accounts ID accordance with the Financial RetK)rting
Standard applicable in the Lnited Kingdorn and Republic of trEl8nd (FRS 102) issued on Octokn 2019 aLd
the FinarAcial Reporting Stalld￿d applicable itt the United Kingdom and Repub]ic of Ireland (fRS 102),
Charities Act 2011 aTLd the Companies Act 2006.
The Charity constilutes a public benefit entity Is defined by FRS 102.
The present2tional CUTr¢n¢y of the financia] statoments 15 th¢ Pound Storling (£).
As%tssment of goin% eoneern
The I'rustses have assessed whetherthe we olthe going concern assumption is appropriate in prep￿illg
the fmancial statements. rhe 1'n￿te¢S have made this a5se5smenÉ in respect to a peri￿1 of one y¢ar from
the date of approval of these fJnancia] StrAte￿eDts.
The Trustees of the charity have Collcluded that there are no n)ater1￿ urncvrtainties relatsd to events or
conditions that mav c&%t significani doubt on the ability of the charity. to continue as a going cnncern.
The TTust¢es are of th¢ opinion that the charity bave Sufficient resources to merf its liabilitie6 as
they fall due.
Critical accounting e5timatcs and areas of judgement
Othcr than the ass¢ssmoLrt of goino concern. the preparatiojh of the f￿￿n¢la[ statements did not require
the Trustecs to ]nakc any significant judgcments or estimates.
b)
Inco]nc recogllitioll
Income is reGo￿lsed in the period in which the charity is entitlcd to re£eipL the amount oall be measured
reliably and it is probable that income will be received. Income comwises donaiions which are recognised
when the Charity has confinuation of i¥)th the amouni and settlement date. In the event uf donations
pledged but tkot received, the amount Is accrucd for Thhcr¢ the r￿elpt 15 considcr¢d probable. Ip. the event
that a donation is subject to conditions that rquir¢ a l¢v¢l of p¢rforn]all￿ b¢fore the charity is ¢ntiiled
to the funds, the income is deferred and not recogni5td until either those conditions are lully tnct, or the
fulfilmeni of those condilions is wholly within tbt control of tbe chdrity aDd it 15 probable thdt those
conditions Mill be fulfilled in the reporting period.
Expcrnditurc rceo£nitioll
Ltabilitics are recogni.4cd as cxpenditure as S(K)n as there is a legal Dr CODStructive obligalio￿ committing
the charity to make a paymerrt to a third party. it is Probable that 8 transfer of econotnxc benefits will be
will b¢ r¢quircd in settlcmcnt and the a￿oUr￿l of obligation can be meaqured reliably.
Expenditure cornpriscs gra1￿ payable as part of the ¢hariiYs cljaritknle activities, as well as administrative
05ts pertaining to the charty and its grdnt-makitw Gmts payable are ftticluded iti the Statement of
rinancial Activities whell approved and when the intended recipient has either rcceived Ihe fvllds or b¢en
infortncd of the dccision to make rhe donation and has satisfied all relaicd conditions. Grants approved
but not paid at the end of the financial period are accrued for. Grnits where the be]ieficiary has not bcen
infonncd or has to meet ccrt4Lin conditions before the gront is released are not accrued for but aTe noted
as fitwicial commitsnents in the notes to the fuwicial Statements.
All cxpenditure is stated inclusive of irrecoycrablc VAT.

cAN(BR￿GE IN AMEIUCA (UK) LIMI'FED
PAGEII
NOTES TO THE FINANCIAL SI'AI'EMENrs
roR fIiE YBAR ENDED 3 ISI. JULY 2025
d)
Cash gt bank and in hand
Cash at bank and in hand represents such accowits and instrnments are available on demand or havc a
maturity of less than three tnonths from th¢ date of 8WUiSition.
Creditors
Creditors ar¢ r¢cogoi%d wh¢r¢ there is an obligation ￿the ba1￿ce Sheet date as a result of a past cvent,
it is probable that a transfer of economic beDefit will be required in settlement, a￿d the atnount of the
settlement can be estimated reliably. Creditors are recognised at the amount the charity anticipates it
ill pay to settle the obligarion.
aceounting
ThE untEStricted general fulld comprises those monies which u)ay b¢ used towards meeting the ¢haTitsble
objectiyes of the chariry at the discreiion of the Trnstees.
Regtricted fulld5 comprise mOniES raised for, ortheir we restrictcd to a specific purpose or coThtnbution
subject to donor imposed Conditions.
Forelgn eurrene5es
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at
the balance sheet dale. TIansactions in foreign cunEncies are translatrd into sterling at the rate ol
exchange ruling at the daTe of the transaciion. Exchange differences are tsken into account in aTriving
at the net movement in funds.
DONATIONS ANI) GIFf An)
Totsl
'lotal
unre￿ric¢ed Restricted
Funds
Funds
Unrc5tricted
Funds
Reslricted
2025
2024
Donations re¢¢ivablc
Gift Aid roc¢ivable
4.609,334
92,665
4,609.334
912.665
510,275
95,971
510,275
95,971
4,701.999
4,701,999
606246
606,246
OTIIER LYCOMF
Total
Total
ruiids
2024
Unrestricted RestriLied
nds
b￿rtds
Unrestrict£d Restricted
Funds
Funds
2025
Intcrest reecivable
r4oreign exchange gains
18,842
18,842
18,842
18,842
CHARITABLE EXi)ENDITURE
Totsl
Totsl
r.unds
2024
Unreslricled Restricted
Funds
Funds
Unrestricted Restrictcd
Funds
2025
Grants to the University ofcambridge
Administration costs (note 5)
foreign exchanges losses
4,393.624
4.393.624
9,725
297
592,440
592,440
11,051
2,947
9.725
297
11,051
53
2.894
10,022 4,393.624
4,403,646
11,104
595,334
606,438

CAMBRIDGE IN AMERICA (UK) LLMITED
PAGE 12
NOTES TO THE FNANCIAL STATEMENTS
FOR THE YEAR ENDED 3 1ST JULY 2025
ADMifqisThTION COSTS
Total
Total
Fullds
2024
Unrestriued Restricted
F￿5
2025
Auditor5 rem[￿¢TatiO
Auditors ranuntrution- non audit work
Professional fees
Bank chatg¢s
Su]thy
Travel snd subsistence
3.100
5,078
250
3,100
5.078
250
186
62
1.049
3,136
4,8(M)
2(M)
40
40
335
2.500
3,130
4.800
200
40
40
335
1500
62
1,049
9.725
9,725
11.051
11,051
ET (EXPENDITUREYINCOMK IN FOR THE YEAR
This is St￿ed after chargiDg:
Auditors remuneration
2025
2024
3.1(M)
3,136
TRUSTEES REMUNERATJON
No Truste¢ received ally remuneration (Y p•ymeDt f￿ expenses in Teyct of their 5ervic¢s Trustee
during the year (2024.. non¢).
TAXATIOFI
Cambridge in Am¢ri¢a (UK) Limited is a rwteyed aDd therefor¢ is not liable for ]r￿oMe tax or
corpjrationtsx on income derived from its charitable aclivilie4 35 it falls within th¢ var10￿9 exemptions
available to registered ¢harities.
CREDITORS
2025
2024
Aecruals
Creditors
Grantpayment
3,367
62
3,207
40
1.910
3.429
5,157
2025
2024
l ordiTtary sbalt of £1 . authorised and called up
The £Ish￿ capitaL is wholly ownedby CambTidge in Ameriw organisation based irj New Yort us
who is also the parent company.

CAMBRIDGE RN AMERICA (UK) LIMI"fED
PAGE 13
NOTES TO THE FINAbCIAL STATEMENTS
FOR TFIE YEAR ENDED 31ST JULY 2(P5
ii.
Ar4ALYSIS BETWEEN YUNDS
YEAR ENDED 31s'r JULli 2025
Foreign exchLnEe
gainsl
1st Augusi
Adnun F
3151July
2025
2024
IDcome
ExpenditsJr¢ R￿ained
Chrsst's Coll¢g¢
Clar¢ College
Conservation Leade￿hip Programme
Corpu5 Christi
En]rnanuel College
Fitzwilliam Collcgc
Fitzwilliammuseum
HugF.es Hail
Murray Edwards Collcgr
Qucens College
Richard Elphick Restarch FuFtd
Sansom ConseJv8tiOiL Leade￿bip
UEnni FUJ
St Cathtsitit's Collc8e
Trinity Hajj
Open Zettascale Lab
5,0(M)
1,050
200,775
(202,894)
4,651
(4.392)
(214>
52,836
<49,779) (2046)
5.570
(5,432)
(256)
80,536
(83,708}
38225
(36,262) (1.709)
21.945
(21,000)
1945)
3.566.376 (3.511,875) (66,7J4)
9.363
(8.9J9)
{421)
(4,775)
1225)
(47}
1,003
2,119
(451
(7111
11
3.172
(254)
14,363
(3)
2,130
189,297
(189,380)
(24,591) (1,159)
(597)
(28)
(250,000)
83
625
500,000
250,000
R¢#ri¢ted fi￿d9 total
Unrestricted funds
4.701,999 (4.393,624) (74,084)
{9,725} 74,084
18,842
(297)
253,133
185,022
120,960
120,960 4,701,999 (4,403,349)
18,545
438,155
ANALYSIS BEl￿T￿N FUNDS
TrTAR F.NDED 31ST JUI,Y 1024
BalarLCt ai
ISE August
2023
For¢ign exchange Balancc at
g&insl
Ilossts)
Adn)in F
Expenditur¢ RetsiAed
Intome
2024
Churchill College
Corpus Christi- Student Bllrs
Depariment of EnEinetring
Department of Geogr8phy
DepartmeDt of loo.0
Ede Fund at KEttic's Yard
b[nM¢￿Vel College
Facthliy of Economics
Fitzwilliam Collcgc
rior impiovinE access toTrinity Ctsllegt
ruundatiun Y¢&r in ArL8
Jlughes Ha'.1
Murray Edwards College
NeLiIDdiversity Irtitative for the
rounda iDts Ycar
4,976
5,000
142,531
101.458
7,487
60,998
50.960
15,000
985
,000
5,000
(4,783)
(K,721)
{140.874)
(100.274)
(7,487)
{60,287)
{48,905) (2,305)
(15,000)
(937)
(1,910)
{5,000)
(38,8281 (1,830)
(28TJ
(13)
{226)
{269)
33
21
(1.657)
(1,184)
969
(711)
250
(44)
(90)
(4)
358
300
11,390
(11.390)
Oph¢liaCI&-ke Studentship
St John's College
Sidney Sussex
St CgiherinLQs College
53,861
60.000
44,000
(51,437) (2,424)
(57.300) (2,7001
(49 D20) (1,950)
Restricted fuid5 total
Unr65tricl¢d funds
969
120.175
606246
(592,440) (11,881)
(11,051)
11,881
(2,894)
(53)
(2,947)
120,960
121,144
606,254
(603,491)
120,960

CAMBRIDGE IN AMERICA (UK) LIMITED
PAGE 14
NOTES TO THE FINANCIAL STATEMENrs
FOR THE YEAR ENDED 3 1ST JULY 2025
ii.
ANALYSJS BETWEEN FUNDS .....leoDtiDued
All restricted fi￿d$ relate to monies restricted to making donations to particu]8r colleges and faculties within the
Universty of CaM￿ldgE as dwib¢d alM)v¢.
12.
RELATED PARTY TRANSACTIONS
One trustee (2024. two tNStees) D￿de donati￿ aTnwnkngto £319,470 (2024.. £255,907) to the ¢harity
during the year ended 31￿ Juty 2025.
13.
RECONCtLATEON OF EXPENDITURE TO NET CASH FLOWS FROM OPERATlh'G
ACTIVITIES
2025
2024
Net movement in funds
Adju5knents for:
(Decrease)IiDcTe&s¢ ill creditors
(In￿e￿4c)IdeCre￿$e in debtors
Net C&5h Provided by/(uqed iti} Iyerating activiti&y
317.195
(184)
(1,728)
(41,706)
970
315,467
(40,920)
J4.
FRC ETHICAL STANDARD- PROVISIONS AVAILABII FOR SMALL ENTITiF,S
lu co￿￿0￿ with many otber b￿sin￿seS of Olr size 8Dd natLre. we we our auditors to prepare and submit
returns to the t&x authoriues and assist with the preparation of the fiEJan¢ial sthteu￿ts.