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K.C.U. Ltd Contents 2104 5t07 10 11 Nol•s to th• FInarrf SIthY 12t¢22
K.C.U. Ltd R•f•r•nc• and A¢knlnlstratlv• D•tall• Vktcrn BO, (Ch•w•¢vb) Sc<i Ethards (appo 18 W 2024) Payne. (freasurer) {woYrt•d 18 2024) %)24) Prfndwl Ollk• S1 G¢1 Str••t K[V4 416 8JB Compwry R•o••tr•tkn Numb•f 05695S11 Chary R•gl•tMllon Numbw 1131360 Ind•Po•nt Ex•mlnw OavKI Tumer. APIS ACC& 32 Caxton Hw80 Kmgs Pwk Road. Pwk North•mFrton NN3 6LG
K.C.U. Ltd Strategk R•port for th• Yw End•d 31 March 2025 oNlfAI 31 M8rch 2025. In c¢>wkn• vAh 1414C crf th• Curyme• Act 2)6. b) leamI. CfeMty. arKI wlxpre$6i Enle arKI Supwi uswa ol th• 111# Io Ilw tsrtef•ts lor tho lder cLYnmunrty w¥J ¢Jther aw¢1 To swwt &h1OMe rA r cPorrt•Lqe tectg, OLV W4ed pkn rKIlIeS {202&2Q2T) on WO to help Jddrm poverty and th• ¢•uM• of pov•rty by w)Imulng to prTh• acc8s$ to food. ¥1¥1 debt aThJ and lh• most vulner•b tho proviJTh ol m•fonn¥b•lfTrJirrtJ. rrteW1rMj roles 8rKI by off•r Ihrough vwiou8 volunteerng rolo8. CrtInU• our •dKallon •nd 1•arntr provtskn by makntabn¥ •nd l1rvI KCLfs partner8r wth k•y and l•amirg provthr8 to a rar¥Je of C¢r5•$Io1ksr InckKllng approKhM to lupport confKlwo b8tt•r mwt•l h•dth afxl vffjlbwg", re5earchtng Potont fundlng oppwtunths to crtin? wwdirmj ESOL IEn'sh Sp•akern needj of all use s•nlce 1hfoU m9ntomg1oefrwfflg,. wpp(xt for 111. refu9OeS ar a$uM •e•k•rn.' ¥Kreasmg lUnte eft9•9wbth lo beiler reFKttenl cwr c(mmunty. usln9 (XX Pflnc lo respond to to qu wxl Justfy deciiw m&knng orKI lo widtrp¥i fi•xl to •d•x cMm•t• chwyi by I(••8 ¢othutX to oddregffj nogth• cn our •nwonmenl through 4brrkihop¥. f•du¢ng food w•ts Ihrtyjgh ¢OLing dassos and t•ty funthn9 to %Mt•ln UF¢5¢erlb9 xtsvty lo kew tt•m8 rArt al rAg to help pecple move to a pb¢• in Ih•lr Iv•s. alx) ain to be a wovider of Cl¥, d auf ptsiors ccffltirbu*ly l•U to 'keep dcffg we domg arnj in tho way thal y<)u do f. To retain wr fom M 't w• do ttrwy. as Ivh•l wè do,, on ow lo Pw2
C.U. Ltd Strat•glc R•port lor the Year End•d 31 March 2025 We want to V•Qfk •Kle ty Jije evw>x W• Ilslen Ow nffi4radlbonal lood prov1$K qxr• a ¥¥e' m(yJel. P•oplè ¥ lo ool a focl voucher, lake th6 to an wJentifi8ble foodk In Ihdr comrnty th•n f•Pe their sttyy a9. Ft)xl prrfc•l8 Ipad(•J ty v¢knte•rs In xr c•ntr¥l hub) pAe defverod to partner organisthff4 (e.g. provkllrffJ •• trMt•d dsrmty through discreet xces$ io fwd 8t Ihe fr PO•It of cont•c( Wha al 9.1¥a Its af the revwrt CynalK io h8¥) addrnsi the rolrA why they ne0 ft)od SUFWt In th• first plx•. c[9 th• y•w. clDurAj discree¢ lood staff * our h05Prfal arg •truggTrng to me ends m••t •$ a r•sull d th• eWKThiC rAigiJ gljo Wtrre tr nwAls pfesfrfrted, added support. •xpana•d our wJvts6on io m&•t the needs d IIKW 8••k I)d 8WJWt 10 pIrt 14. iklirwJ on thlty mod•L vAh NfvnFkn¥htre. a 'Hdith R•. * ther c(¥nmunity allokn•nl lor I188 fai5 rto locJ Ir4Kunty thjmg Khool hc&dw Ih•'r nebA0• and we fed durir¥a the dry. WTrii1st Iha¢•, thty oxA( a fam meal lo take home wd are PTry¥vJèd wrth a dupltale s•¢ ol Irof•dt5 to r•cpes Thij meDns tsmilies experrtmg Chikkn 14eKI &16 y•ws) d l•nM krNn lo tsl ito food irwcurty ¥• thscroth r•l•rrtAI by tw11. Thrwgh fvrKSiTra ha d#k¥•J the Dwty ProJ•ct whKh PI•vUlty prtrc•hr•d •Fpkaw to h(yn•s in th• Kelterwig ththci, to 8 modol (m10 knwowm•rt pru¥KlwJ ty)dr¥wJu 18wn arKI practK• upc¥ocstlry •ki118. Maths Of•d¢jod to bl8 luncAlonal mahs to b•c¢rM m¢y• •1)1e to the u•er. Ow uprn9 mcthl reducffi tr nwnber cl rlwnj ten lo lJrMffiI, wth StuthS Ort1 kwg c* th• b•irs sc+J Pa9• 3
K.C.U. Ltd stratsglc Report for th• Ymr End•d 31 March 2025 Ir M1¢9•1rlendIrrfj 8uppcMts ¥uln•rJl• pecylg arKJ tho•• with ccrfnplex n••th lo O•al h8 thwn aclM•v• and flnd s0knK5 to Ihwr th¥n lffle 90 (m•rtor#ig). Thr¢x4h tlalra irK(Th uft8mpkn. D•llv•fthl in • 'non4nSts1on•I, enV1ment, this Aracts p•cpbo h• vtho noad axtra h• ts) fully durlry th• y•trf lo on IT Skth u m(>re swvicm we 0170 Jince the partht a1 thrtw Icul gov•mrrbent rvforn. ESOL (Eryhh for Spoak•fS ol Olhor LarvJu•3•s> 888ffjt with th• mcr•aslng nts•1 of refugees are& DwfYJ th• y•v dr•0 Std cjr8e6 thl•ws ¢0 dv¥ekp Iheir 80ft okil to a futy iKIu5ive Offr& voknt••mg •nd Drk eXnCe to PWF4• reach th•r potèrthl. Indudiry thrA• b8 givw OF•Inrt elw•hwe lo ra rqjort was wro4YJ ty the trteel !•1.tsgJ.&>?S 14rwd tt• b•h•W by. P•a• 4
ILC.U. Ltd TnMtsa•' R•port the Iln•KJal stalffi)enls d the chariabkn c4JYrf>ary fw th• >¥•r ¢ThJed 31 M8rth 2025.
pl•'s gt8blty PA 8ub•equent hoaRh lIb. ThJ nrt Croat orwng Its91•d lo make end• rneee arKI kxcfxn• mor• rehant on fyjf ••r¢£•s. DMprt¢ th• chryM, IIKI bfoishl for swport to hlp meel tlx) dwn8nts. F •xampl•. th• Supwt Fd {HSF} lo kKal lor dtr1¢. u8 to geojre fUrtr lknancol support threwh the yur to meet orgoiry derna for l¢(#J •nd trvough •xp•ndir4 hawa galn•d th• confKIe oxperwbce ID secure tyntl. wr8u• furthw ¢dK•ti. wen Ilwt th•r own prry'xts wlUI KCU that ha evc+4•J ak)rvJs¥Je ttwir neats. such a8 ffl0 £197.1 $3 irKome gerated (e,g. bfty) lor lrtal potylo and £134.366 mwnw, O di8ereei lood $POrt Con1ml. In th• >ar, 2276 34ay food pwcds supplF•d lo 3616 F•C¥ (cl whth 2710 V•we thlj 8rKI 6 we chlktrenl. In ¥(chS fw f¢xJ anOr fuel vffjr• trIa tlvW Cad•rt •8 p•rt ol lh• Trumell wrfFYnh¥l. Our nrybin5tttui1aEWs educatKMI •nd Iwnkng prov111 hel)i 3dul3 W knto Iwnl stkng iw atterKI ITtI8 Oue io past i)ty•tN• •xpwencM). Thrw merrtorInefrid1ry. vt• us•rs unteI are often helped to Ihdr lul Polent ty prtr4kJirrfJ jdrtrl 8UPWt (ts av•knbl• s•ttmgb. In th• , 323 •JLKlwrt W• have 86 itidi¥idLKqI8 in wr vohJnleer pcd Ow vthrrt••rlry profi• conllnues lo dirgOy, m(xe yOg pwle Irn9 us. Addnion•l fundng hm enat4&Y UJ to rerJKA'E more ¥YJlunl•8rn to support •¢ young p•ople through mxI 8wvk8. Twgrf•d tr•Yxn9 fr•x¥•d on youth mentsl hoth. •mp#htt $LWFth as they the ycxmw PWF4e try •hwed ItMS 18nry wth p•tr•f8. We lo knpm•nl a prvgrm of (Ji8ted la81 yew> to lulurwc¥)f KCU to lo strogr prKyrtM obj&ts in 8 char¥4iThJ 8NI hwnan resoLrn (slaffknlw)1è8fS) and mathetmg arml c<ynmunic*Jr4.
K.C.U. Ltd Tru•t•••' Report Futurn plwm Our fvlur• plans WKIJe CAY strategic Fkn pr•vicAtsty nolod. wme ret8ining redr serfvic88. Ir t•)r4 M th• h•v• fwther reinlorc•d imp(xtwc• ol an lrt•gral•d pwtr)erJhip aPph to ertatAe Ixbfy to m••1 our aThl the dr¥erne d8 Ilhxe Wa cortfflu• to t4xwOs bec1 a futy In61¥• orgwiutM)n ctsproducl inlwnal Y)rkthcpi for vclurrteern to eMhanc• Ihw It¥. IKh w to grn wxbJnAw 1¢ tlxx• who are scaaty artsy m•rginalMod. Flnancl•l f•vl•w (r fm¥ces r•mab)•d rorJ Ihrough grarts, pr£ KI ccmpary dat#18 •nd m•nlthlry ic $hw Inccrne. A Fthno StralW rc4ed wt h85 ado lo •wyJrt d•ll¥wy ol th• strwc PL•n. Thi• kok8 back * tho pr•vkwi slratryy. pr•wits • fir4rKial fundin9 1(wrc•• ov•r years. lo1¥j by k•y fN Werknrm iu•lainabty. Trusi••s (as part ol gcod IlnWC Set Ircm unrestrthd Ir•• r•servu a Gw)w¥l Reserv0 of a minvnwn 6 m(th funnknw costs crf the Clwty. Due to incxeasod co618, th6 wll 8tructur•. gov•rn•nco and m•nagwMnt KCU & • c¢%np kntsd •• drfaied ty th• Cth))p•The8 AL 20. TnAl8e• w• hwe (krties sel ¢)ul by Charity C¢Jrrffiiswn. KCU wthi'n its MeMrKIn Artbcl88 As8Lxialirm (rOd In 20211. Trusl•M recognffjo thoir mw r•8pMsits1ty * to •niw• 9(xxI arNI •Fpfopf gu¥emC• of KCU •) wth Chwty guKlolirw 4rKI lo d tho 9u¥J¥K• N relevanL eleclKn 0¢•88 lor a Tru¥t•• N by rK¥Mx)n at a Bowd mo•tlng and b•brg ty an backwxfflth r•lwrt Io guFoth'ThJ the CThwty. rtr•l•ckn L•$ pl•c• at AGM. knwkn•nl&J. tran)9 frrm 8 ttrdweclN to a sryl• CEO. Trusl•M akn corfi)t trj hohl Rl•k m•nagThnt op•rknnal fks. A pwt th¢ Str Pkn revivw. key ri8k8 that KCU m•y tsJrr•)tly fx• or coulj face in the Ire hl•ttfvd. A fk •5gesw1 ar¥J ManagnI 18 in pl&x •rxl, as befcrte. M r•vKrrtl * bwl annuoly. Tho lo mliW• rlsk• th apwopr•te. Ri$k mattw8 rngulwty olicld, arKI wd•¢M. rijks. af• r4rteI to lh•
K.C.U. Ltd Tru8t•••' R•port Th• *•• apwmd by ts trwlee8 d thè chwty on .' Jufjan P P•9• 7
K.C.U. Ltd 8tat•m•nt of Trt¥6' R•spon8lbllltl•• Th• trwt•M (wlw) we •kno thr•th of K.C.U. Ltd of cryPY pcmible IN prepamg th• tru8t•os' rw th• f•iwcl stattynts in •ccud•nce with lh• Ilw give a true and fgir vw slate ol all•rs ot the charkn company arKI al It• CLnI r•soufC•S and applICatK cl rnsourcu. MKlwJwwJ rtg irKome expenditure. for Ihal perhxl. th•t ch•f•bkn cortwany wil in ljw'ness. •>W•n the ¢h•rrt•blo c(¥npBty• trw•actKm arnl diickr wlth rwonabl• eUr4¢Y al trne th• rfÈarKJal posIn ol lh• clortsbl8 cc#rp•ry t11 to Wre Iha¢ the fman¢41 Clyn wAh the Act 20(. TTrw we alBO rospons*l• for sa1891rdj •Mels ol the WKI dher irr•gularth•. Apwmd by th• of 14.01 Itss, arKI oiw•J 18 bohgff ty.
K.C.U. Ltd
Ind•p•nd•nt Examln•e• R•p(t to th• tnJsto•• of K.C.U. Ltd
l Tepryt on lh• th• chwty >•tr ••xlfJ 31 hlwch 2025 vhM w• •ql ¢Jn pao•1
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R••p•clh• r••pon•H>llU ol tnMt•ffi and •xafflln•r
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K.C.U. Ltd Stat•m•nt of Flnan¢lal Actlvlll86 for tho Y•ar Ended 31 March 2025 Ilncludlng Income and Exponditurn Account and siat•m•nt of Total Recogni¥od Galm and Lse•> Total 2025 23,859 51,219 19.370 156.278 43229 213.495 3,874 IK¢xn• 84.952 Exwdltsn on: 1,465 319,911 Trjal Exp8rnlttw• 190.465 319,911 (105.513) 46,2CI) (59,313) (35,808) 123.405) ($9,313> RKon¢Ml•tkn ol fvnd• 119.7CIJ 168.999 288.705 12 83,798 145.594 229.392 Tot41 2024 fund• lund• 41,901 45,591 4,228 251,414 4,228 91.no 267.414 ExpwMJurn on: 124.84 11,321 188 Total EJpwx*urn 124.84 211.321 336 168 12 966 M(ne kn fuThls (33,12n 12.ge8 152,833 275.739 12 168.999 288.705 nd$ for 2024 • in nc¢e 12. Pap 10
C.U. Ltd (Regl$tratlon niNnbor. 05695S11) BIn Sh•ot as at 31 March 2025 2024 TawlL40 •Mel8 147 10 16,514 218,521 6.734 289,195 295,929 Cash •t b•th and in hwMI 235.035 11 5,7 419 288510 229.392 FuThl• ol th• eh•rlty: R••trlcl•d fund• 145,S94 188.999 Unrn¥trlcted Incoffi• fund• UnrestrKted luTrls 83.798 119,7 Total lund• 12 288.705 Tho ffi•n on Pa9 10 to 22 YAy• •pwrnJ by tho truitg••. And 4uthNIMd lof
ILC.U. Ltd Not•• to th• FInancI Stst•m•nts lor th• Y•ar End•d 31 March 2025 trust•e• l• ll• to wtsibule an Trjt ex¢••thn9 £NII th• •M•ts d th• . Summary of 819ant counlhvJ pc1¢ and k•y •¢¢ountlng ••llm•t•• TPhi prwKipal Kcountry appkd n the prewalKJn of t¢ fmancial gt•lwnenl¥ are oel t>A C1&.. st• ol R•CmeTh•d Prxtic¢ •pplicAe to chprthl th•lr XCOUn in Cord ith the Repybng aPFa¢l• kn th• UK RepLIK of Ireknrxl (FRS 102) {effects 1 Jarnary 2015} - ICh•nts SORP IFRS 11r2)), R•iortlro SlaTrJ•d 4PFl• UK •nd R• of Ireknd {FRS 102) and th• Act 2((rf. B••l• of prnparatlon KC.U. Lld m¢ets the 0ofinli(m rf 4 FRS 102. AM• arKI liobillie• arn iti' recogni5 at hl8trrfk•l cost ky vwlu? oth•rnffl• 8tat•d i•lw•)t Golng cryK•m The chwty opiod to aLknpt Bulebn I p&JliJW M 2 FdJNary 2016 •)d hm Itwotse In¢om• and •ndoTwm•nts be re1 ond the 8nKAWlt the irrorm Iv10 can b• me4surfAI r•1. ent de, In the e¥vit thgt a dOr1K is condthm perfomMnc• by th• chwty b•f¢)re the ch•rty N enlitbj to the fwth, the income li ddofrnd and nc lecc8rwd wtil ether th088 I meL the furn•r ol Ihole c4xthKTh 18 vAhln th• control of Ih 4j rt th•1 I1•e lje lh• Pap 12
K.C.U. Ltd Not•• to th• Fln•nclal Stal•m•nts lor th• Y•ar End•d 31 March 2026 ExPdI1• prthoble settlent 13 rwuffed aTha the can be rnusur•d r•li&)ty. All costs wo •I•é to aFykabl• •xpMthr• ho•thrvJ aggreg¥le synlar ¢o8ts lo thal cal•3cry. wre costs rArYKJl be dirtly triled trj partKui¥ tlw ha be•n a)caied on • bosi• C•nI wrth tr• ol re$T¢. wlth ¢trI1 ¥t•ff co¥ts aJced the of irn spert and xfKi•IIci 8upport crA •xp•ns•i. Tax•d T ch¥ty is conslw•d 10 pass th• leits Mt Parawwh 1 Scodukn e d th• Flian Acl X110 d thpJeforo I meets th• d•finthn af a chwlbl• ccffjp•ry LK clypor•t tsx pUrPX. Awdmgly. lh• chwty l• pol•nlth •xWn frun rnsp•ct 0¢ mccx• N wrtal gai ¢4'vwJ vth calegor8 co4ered ty Chao•r 3 Parl 11 cl th• CorpNatiM Tax Acl 2010 Sed¥)n 258 of lh• Taxa¢k>n of Char9t•ble G•in• Acl 1991 lo th•t wch mcom• Cff 9th• •pphed ex54¥ to ¢h*rtabbe pwu. TangIb llxod ••••l• Fumrtur• Ownert 25% rnAl b•knc• ba•18 Pa9• 13
ILC.U. Ltd Not•s to lh• Flnanclal Stat•m•nts lor th• Y•ar End•d 31 March 2026 Tr•d• d•btorn Tr•J• delkn aro re¢(yJnts al tr•rwkn pru. TIW ore 8ub6equwrtty m8asmd ai lI¥J lh• •ff4ctr4e inlerul methoj. le8a lor ffipalmwL A provisn ts t Imp8timent Irade debttys ts •stabthsh•d there is cty'•ctr eVIdee th91 chwty ncl C4¥h cwh •gufv•l•nt• ly4u iftv•strnerts thot we to a wnowrt cl •h WKI ore lo •n Tr•d• cr•dllorn Tr•J• u•d118 w• p•y ft>r wv<•• In th• rrfdkn•y cours• ol bu¥irE$8 Irrn swpliws. Accwrts paykn w• ag cu1 rf the charty does r1 uncor¥Jrtional r¥M. at the end d the refn9 pfKxI. to dder get11en (rf the edrtor fty 8t loa$t months l•r th• r•r•)riry dale. 11 thwe 4 tncondilMX)al rYJhl lo d•l•r prct4Jb. net and Ihe amo(ml dLAry on rTAIptwI W rwni••(l u a payl• XKI gvnilar thwge9. Bmiings •re classlfied 05 currerrt Wills unkns ihè chwty h•• 111#>1 rWI to d tueft ol the li•blty lor •t l•a•l morth• after the rwing date. Fund •tiu¢iur• UnlId are genw fu th•1 Mil• lty At th• tnAtthM'i In fUrthernn d the cJocllve8 of th• ch R••trthl wK¢Yne fvrKli dw4rt•d fof in • P1 ar•• or Pu. th• Pwe 14
K.C.U. Ltd Notes to th• Financial Stat•m•nts for th• Yr End•d 31 March 202S FIMn¢lal In•tiuni•iits Fwwnc41 h'abifths arn¥ Iwuty Instruments ar• ¢INed xctydrq lo th¢ qthlMce of Ihv c<Yththl ¥r¥oan13 •nt•f•d fflto. An equty is c¢ntrxt erfwjwces a r•S1th te$l In the 00get• (rf the tharty r d•duclry dl ol Is Il)Il sls). exc thom firNgrKial Bslg cI85sffjRd 8$ al lar valL throL4h PfrArt or k$8s. •hthlch a inibBIty meawred at taff (¥fyhth li norm the tr•nSi¢tK prK• excknlirv tr8ns8ctK•n colts), lou lh• arrary•nl c<xNtrtule• o M an cfrtrtutm • fin•nwJ transxkn, fina •ss•t or fl1&•1 bablty ij Me[d & the WenI vth• d lh• Fwwncwl amets arK1 we off¢ ln th• sW•ii•nt cl fin•ncMI po•i¢x KI th•r• •xlsls a ltyalty •rorc•th righl lo set crfl Ihe recogntsed ¥nounts ar#J Ihe ch¥ty Ira•ndB •rth•f to Mlll• M 4 r bo91•. QY to rea&•e the aJset s•ttl• the l• Simulweoly, Fin•Klal as%ts are defecowised when Mly th a) the conlraclual rwg to the cagh Ib from thè financ41 ass•t expr• ar• b) the dwty to party iStantllY P49• 15
ILC.U. Ltd Nots8 to th• Flnanclal Stat•m•nt• lor th• Ymr End•d 31 PA•rch 2025 the 1¥• IniwMI rneihod.. (•) Th• ctralI1 rel to lh+ h+)Idef 19 ffl a fwed amount.. {Ih a pos11r fixed rnl• or a Fo8lK• varith rate: or (iii) a ccmbinalim ol a pNth• cy • Iad ar#a 8 P¢)$rt rate. (b) conlraci may provKl• for T•P•Tn•rts c4 lh• pMcp•l Ihe felLxn to Ilhl holder (bul nol b(th) t¢ be Inked lo a relev•tt 8¥Ie irMJex ol crf th• cwr•ncy n wtKh t dobt mstrumlIa Oernmln•lthl. sh Ilri •r• . the inilrumwrt. prry¥Kled thot (II the rale (a) th• varwlth li ¢¢nlW future ennts othw than {11 a thang• al • r•, (2) to protecl the hder •JawY4t credl dderWJratl of the iJ•uer. {3) cher¥Jes in by a c•1i bK crf wt4lTrJ Irtjn chang•s In r•l8v•rt or l•wf. or l¥l rate li a mwkel fale of intsr•st arnl Iatffjl (•), wt to Ihe bBlty• moturty we fvtur• •v•nl•. +)ther thgn to prcrtecl Ihe Id•r ag•nst th• d•t•rMyth of the asuef or • ¢hvJ• •i ¢tsc4 01 Iho Issu•r, (¥ lo pr•¢1 the holder or 8uw aga4 l•v •iplknd by • c•rKrnl bwk ty .91 frm ¢h¥yp• 1ob•fy of porwm {&) to (¢}. L)ebl n$trlents that we dassrfffjd 88 paylo w r•ctr¥abl• wthin on wil1 wrtion aFMI ar• rn•asur•d al f•r v0 through profrt or h)M. c1 (whlch may be rnl) fftp•lmi•nl. shw•2 ar• trAIt Iradthl of th•k lair vakn• rt r•kats m•asur)lel are m&qsured at vabje 8Ltsitharn8 KqL4red ICK coMderati shar88 waltyng loi mwger roh81, cosl l• mDawr•d by ral•f•nc• to lh• n(xninal <rf tho sharEs is51 u8 foir of Pa9• 16
ILC.U. Ltd Not•8 to th• Fin•ncl Stst•m•nts lor th• Ymr End•d 31 MJfch 2025 The charty u$es tJe¢ThiTQ fwtanc4al knstrwn•ts io oxFxJsur• lo forBYJn •xchange rigk and •rter8st ral• movwnants. Th• ch¥ty nol holJ or i08[ dwr4ve financial m8tftii8nts fr>r b2•wW r•m•asur•d to Imlf l•r • at rwiry dalé. Tho muknig galn or I• r¢¢ognig•J in ¥latemth of xlivths ynm•dot•ty unles• thè dwire w nated arrtt 1oCtNo as a h•dgilVJ mStnAn•fL In ewrt timing crf the in slatwn•ffl ol firwc•l a SrtI1 IV d time sinc• t tr•1sxlM t(x)k pe. ff tho rrt¥k•l li Trx ath4• •rKI rocw Total 202S Tolal 2024 fvnd• 23.859 19.370 43229 19.370 43.229 Total 25 T1 2024 lund• 128,525 NNC FFS3 6T.201 OT.201 Natonal L¢Xlwy . IT Oih•r. Dbnty kn Cn 18,708 5L¥I 25,OC¥) 45.253 6,788 45,253 5,788 Oth•r 11,723 PwJ• 17
LC.U. Ltd Nots8 to th• Flnanclal Stat•ments for th• Ymr End 31 March 2026 funds Total 2024 fvnd• 25 8,178 41,185 47.363 Wwrn SpKe• Cows• SLVPQrt FuTrJ D•h1 Centr• 2.746 57219 166.276 213.495 fund• T•)¢•l 2025 Tolal 2024 13•n•r•l 3.874 Total 2025 Tolal 2024 lundj 117.010 118,270 110.416 Allc¢ated $wyxl 120,943 80.898 126.835 98.917 64.448 16.250 19).465 tivity Gf•nt ufid•rtak lurmllry ol •ctfvtty 319.911 336.188 2025 2024 117,010 118.270 14,191 2,469 3.742 110,416 14,067 Te*Fth 129 3,742 925 1,198 6233 53 Vcamtew & Slaff Trainl D8S Check8 8.642 111.5 9,642 120,943 9,007 128,835 Ptyo 18
C.U. Ltd Not•• to th• Flnancial Statsm•nt• for th• Ymr End•d 31 March 2025 Giant undertaken furKllry ol dl Total 2028 Totsl 2024 3,427 21.692 Prknms R•nt a Rotyn Hir• 12.953 3.S41 3,237 16,1&XI 5,824 Equlpiiwt . InchA9 Conput Rwrs and B•rt( •ThJ olh•r Charp88 19.272 239 87 2,592 816 11 10.T20 Inwr•K• Helt, Lwtiiwj. clo9 IndeperwJ•nl Ex•nlnallon. IrfKI 1,574 10.412 1.$14 10.412 1,5 130 3.775 311 190.465 319,911 .188 £1).485 (2024 . £124.847) rf the )ove fas I•bIl Io Im6trrW funds w¥J £129,44612024 - £211.321) Io f•kl•d fund•. 7 Slaff costs 202 2024 Wag•s sakwwjs Sc¢*1 sKurty colts 112,149 3,9WJ 2,131 118270 105.623 2.953 110418 io th• trusw•8 £M (2024., £M>. P•9• 19
K.C.U. Ltd Not•• to th• Flnancial Stst•m•nt8 for th• Y•ar Endod 31 March 2026 • T•x•t Furnlhtr• Total At 1 Awll 2024 At 31 Marth 2025 35.331 36.331 35,331 O•pr•¢l•il At 1 Aprl 24 ChwBe At 31 Mart* 2025 35.136 48 35.1 35.184 M•t book valu• At 31 Mwch 2025 147 147 At 31 Mwch 2tr24 10 D•bl0rn 25 2024 Oth•r d•tAorn 16,514 6,734 11 Cmdllorn: rnnts hllng du• wlthln ¢Xbe yow 2024 1.838 4.453 7419 Pago 20
LC.U. Ltd Not•s to th• Fin•ncW Stat•m•nts for th• Y•ar Endod 31 March 2026 12 Fund• 1 Apro InM9 R••ourt•• 31 Il•r¢h (115.T29) (84.952) I.465 (69.&JS) (79,821) 1119,7C6> (84,9W 1Y),465 129.446 (89,8(K51 (83,798) 145 594 tricl•d funds Totsl lund• 288.705 319.911 229.392 Bal•nc• at B•l•nc• at 1 Ineoffllng R••ourc•• 31 M4 2024 {152.833) 1219C (91.720) 257 414 124.847 {119,7CO) 168999 RMlrfct•d I1• 211.321 Tot•1 fund• 275,739 288,705 lj An4y¥l al n•1 ••••ts b•tw••n fvTrd• fund• G•n•rnl fund• T(tsl lund• (147) (89,441) (14n {235,035) Cunent Curfwtt Ith.18 {145,594) 83,798 145 594 229,392 Pty• 21
C.U. Ltd Not•• to the Flnanclal Stat•m•nts for th• Y•ar Endéd 31 March 2025 14 Anw of n•t fvnd• At 31 Idwch At I WI 2024 C••h l*)w C••b at bw1( 289.195 (70.874) 218,521 289.195 (70.6741 218,521 Po90 22