2020-12-31-accounts

Charfty Dumber. 1140413 The Bradley and Katherfne Wickens Foundation Trustees, Report and Financial Statements 31 Dec8mber 2020

The Bradley and Kathorfn• Yll¢k•ns Found•tion REFERENCE AND ADMINISTRATIVE DETAILS OF THE FOUNDATION, ITS TRUSTEES AND ADVISERS For tho yoar endod 31 De¢8mbeT 2020 Truslg B Wickens K ￿￿keD¥ G Fuller Charfty r¢gl$tered number 1140413 Prlnclpal offi¢0 Pudlicote House Pudlicote Lane Chipping Norton Oxfordshire OX7 3HX Audltors Blick Roth8nb8rg Audit LLP Chartered A¢countants 16 Great al￿en Street London WC2B SAH Banknrs Citi Private Bank 33 Canada Square Canary Wharf London E14 5LB Page 1

Th• Bradlgy and Katherlne Vllcken$ Foundation TRUSTEES. REPORT For tho year ended 31 Decembor 2020 The Trustees present their annual report together with the audf(ed financial statements of The Bradley and Katherine Wickens Foundation for the year ended 31 December 2020. The trustees confirni that the annual report and the financial slatemer)ts of the foundation ¢ompty with the current slalutory reqUI￿rne￿ts. the foundation's goveming document and the provisions of th& Statement of Recommended Practice ISORP} applicable lo charities preparing their accounts in accordance wf(h the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} (effective 1 January 2019). Results The net incoming resources for the year ended 31 December 2020 were £350,37712019- £65.4351 R•vièw of governance and managemont The Br8dley and Katherine Wickens Foundation I'lhe foundation"} 15 a trust, with charitsble status and governed by Trust Deed. The foundation's opèrating name is The Broad Reach Foundation. The Trustee5 meel periodicalty to agree fijnding policy. monitor incom& and e>PenditU￿ and all¢xate funds. New appointrrenls must be proposed and agreed by current trustee$. The Bradley and Katherine INi¢ken$ Foundation seeks to advanc8, promote or carry out, such charitable purposes as the trustees in their ab501ute diserelion see fft. The foundation ¢arries out these objects by pro￿lding grants to surtable institutions in line with the foundation's grant making pc4icies detsiled below. The Trustees consider that they have coMpl￿d with Sertion 4 of the Charities Act 2011 with ward to the guidance on public benefit published by the Charty Commission. Tryst•• The Trustees during the yearwere 88 follows.. B Wickens K Wickens G Fuller Review of activitles During the year end8d 31 December 2020, £261,020 (2019 - £230.0001 was granted to charitable organisations. Grant maklng pollcles Th8 Charitls main cbjectives are to seek to improve the outlook for children and young people in the UK and the Emerging MarketB by providing for a better education, improved heakh and wellbeing and a more balanced relationship wrth their environment. A further objective 1$ to seek lo Improve the outlook for other people in the UK by providing for • better education, Improved health and wellbeiw. The board of Trustees select thé institutions to be supported aThJ formally approve support during one of tsvo annual board meetings. The charitys gran15 are made lo sefected instf(ution3 that address specrfic educ'on and wellbeing issues, wth a focus on girls. education. girls, wellbeing, heatth and hygiene and birth control and family pknning issues. The charty may also support largeled environmental issue$. particularty nature conseNation, by supporting organisations that work closely ¥Mth loeal communities and wider audiences lo estsblish, prolod and maintain natural conservation areas that are threatened and vilal to the continuation of a balanced and diverse environment. Grants may onty be made for purposes which are charitable under UK law. All grants are made to UK re9i8tered charities. Dotsib of grants made in the year can be found in note 4. Page2

The Bradley and Kath•rln• Wkkens F(wndallon TRUSTEES. REPORT (CONTINUED) For the year ended 31 0￿0mb￿r 2020 Volunteor& The foundion rell8S the contn"bulion of its Trust•tr8 Ttho pr<yThle thetr s￿¥￿e free al charg¢+. Reswv•s policy The foundation has been prlmarity funded Ihrough contribthtrjns from Spinnaker Capttd knmrted. No furKlraislng from oul6lde contributors is expected. Initially the foundation aims lo fund operating èxpèn￿8 and Gharitable distributions 8(Aety through ￿ income on the investrnenl of rts liquid a¥8ets. The charty has no 8ubstantsal fixed assets, no dedicatèd olfice, and no employees., thu8 11 does not have reseThes lied to ffixod assets. As a result. no addttional reserve5 need to b8 set asido lo réspond to potential drc4)$ in inveslment returns or overall income. knve5tment polScy and p•rf<wm•n The Trustees have n¢Xed their responsibility to ha¥ re9ard to the suitabilty of inve8tThnt8 to chwity. considering the proportion of the Trust Fund being invested, the level of risk of the investrnents, and the accessibility of the Trust monres while inveslad. Th•y have •lso noted the need for appropn81• dN•rnfficat￿ c investments. In order to dlver¥lfy risk, invoslmenls should be div•r8ified as fol1cY￿s'. cash or other short4em rrKThy market in6trumenl8 with maturities of no more than one year. no le85 than 20% of the Trust Fund equttpos.. no more than 20% of the Trust FUNI borKl$." th• rèmainder of the Trust Fund no indlw'du81 B8cuithes to comprise Thmye than 10.% of Ihe Trust Fund The Trustees m•et twice per year to dBcuss ts inv•strnenl8 in the Trust fvnd rnrfiow rncc4rfftndation8 lor fvIuTe investment activity. At those meetings, the Trustees revitrw and. rf agreed. approve investment recommondations,. and ￿vIeW the investmen18 of the Trust fund lo ensure that they continue lo fulfil the standard investmonl crilena described above. The foundation currenuy invests in bank r￿U¢l•ry deposits and m￿￿Y markets. This F)olicy will be reviewed annually. The aim of the invoslments is to ensure that Lyorallng costs and grant making activlty can be funded solely with the In￿m8 on those liquid investments. Major rl•k• As noted above, Ihe foundatic•n aims lo lund lis xtfvitieg through the income from the invèstrnenl of ils liqu assets. Iherefore the Trustees consider th major risks lo rdate to the I￿OrMarbCe of th8B8 investments and of the wNJer global fjquth"es. fixed incom2 and currencies matkets. Trustees are cothlenl that the n8cessary management syslems and strate9￿ hav¢ been implw))ented to mrtvjate those risks. TTu•toes' r••ponslblllll•s statement The Irustees are responsible for preparing the trustees, report and the financial statements in accordance with applubLg law and United Kingdom Accounting St4ndard8 (Unrted Kingdom G6nér81ty Accepted Act￿nting Practice). The l appllcable lo Charit￿ in England & Walos rwuires the trustees to prep8re financial statements for each finanaal ygar wh￿h give a tn￿ and fair wew of the stale of affairs of the foundation and of the incoming resourc8s and applic*ion cé r¢wurco8 of the foundalKm for thal perKrfJ. In prepamg these financial statenwnls. the Trustee$ are required to: Pay3

The Bradley and Katherine Wickens Foundation

TRUSTEES' REPORT (CONTINUED) For the year ended 31 December 2020

• select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP;

• make judgments and accounting estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the foundation will continue in operation.

The trustees are responsible for keeping proper accounting records that are sufficient to show and explain the foundation's transactions and disclose with reasonable accuracy at any time the financial position of the foundation and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the foundation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditors

Each of the persons who is a trustee at the date of approval of this report confirms that:

So far as the trustee is aware, there is no relevant audit information of which the trust's auditors are unaware;

The trustee has taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

A resolution to re-appoint Blick Rothenberg Audit LLP as auditor for the ensuing year will be proposed at the annual trustees meeting.

Approved by order of the members of the board of Trustees on t 4-. 03. 202.2... . and signed on their behalf by

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Th• Bradl•y and Kathèrln• Wlcken• Found•tion INDEPENDENT AUDITOR'8 REPORT TO THE TRUSTEES OF THE BRADLEY AND KATHERINE CKENS FOUNDAnoN Oplnion We haN audited the financ491 statemmts of The Bradley and Kathenne WKkens Fowdation (the 'chariVI for the ￿ ended 31 Deeen8r 2020 whth comprise the Slatement of Financial Activities. the Balance SP￿t and Ihe related notes. i￿luding a sunwnary of Slgnffj￿n1 aetounting polic￿. The financial reporting framework thal has been appl￿￿ in their preparation is ap￿1￿•￿ WKI Unrted Kingdom Accounting Standards. including Financi81 Reporting Stsndard 102 'The Financial Reporting Starnlwd applKable in tho UK Republic of Irdand {United Kingdom Generaly Acwted Accounting Prxlice). The finartial staterythls heve be￿ prepared in accordance wth Accounting and Ropoth'ng by Charit preparing their ￿CountS in accordarto with th• Finanaal Reports"ng Standards applicable in UK 8nd Republic of Ireland IFRS 102) In pref6rence to Ihe Accountin9 and Reporting by charit￿S.. Statement of Reconwnended Pradice issuod on 1 April 21x15 whlch i• r•f•Tr•d to in the exlanl wUlati￿￿ but ha5 been wittrrtJram. This h86 been done in order for the accounts to PTOVKle a true and lair viethv in accordance with th• Gen￿1 Accepted Accounting Practice effective for reporting peritrds beginning on or after 1 Janu￿ 2015. In our opinion the financial 8lalement8'. give 8 true and fair vi8w of the state of the charity's 8ff8irs 88 at 31 Decents 2020 and of it# incomw resourc&s and application of re$our¢o$ for the year then ended., have been property pr•p•r¢d in ￿Or￿an¢9 with United KiThJdom Generalty Aee8pted Acc￿nI￿9 Practice: and have been prepareil in awordanGe with the wuirements of the Charit(¢s Act 2011. Basls for oplnlon We conducted audit In accordance International Standards on Auditing (UK) IISAS IUK}l and applicab19 law. Our responsibilitiès under those 8tandards are further described in the Auditor's responsibilrties for the audit ofthe financial statements sèction of our report. Wè am independent of the eharity in accordance with the ethical reqUIre￿nIS that e rdthnl lo our audit of the financial ststements in the Unrted Kingdom, including the Finan￿al Reportin9 Coun¢ifs Ethul Standard. and we have fulfilled our other ethi¢81 responsibilit$ accordance these requirements. We belw• that the audrt evthnce we have obtained 18 sulficnl 4)propriate to provide a bo$k8 for our opinion. Con¢luslons relatlng to golng ¢onc•rn In a￿l11Th9 the financial stslemenls. VIP have conduded Ihat the T￿￿tees. use of the ￿n9 corK•m ba5V4 of countin9 in the prep8ratK?n of the financial stsleffents is apprcpriate. B8sed on the work have perf0m￿d. ￿ have nc identrfd any material un(xtainlies relating lo events or condition5 that. indmdually or collèclivety, may ￿$1 8ignfieanl doubt on the charitls abilty to continue as a going concem for a Pgfth of at least ￿1ve mnths from when the fina￿la1 statements are authonsed for i55Ue. OUT responsibilitie$ and the rgspon8ibllil￿ of the T¥u8toes with resFCt to wng concem are dewibod in th• relevant sections of this report. Other Infomlallon The Trustees are responsible for the other Information. The other infomation Comprises the information Indud¢d in the Annual Report, other than the financial stalements and our Audrtorfs Report thoreon. Our ownion on the fin•nual Statements does not covor the other infomialion and we do not express any form of assurance conclusion thereon. In conngctDn wrth our audll of tha fin8nck41 statèment5, our responsibilrty Is to read tho other infornalicffl and, in doing so, consider whether the other Infornalion is materially inconsistent with the financial slalemenls or our knowledge obtained in the audlt OT othe￿1$e app88rs lo be malerialty misstated. If we identify such mal8rfal Inc(￿$1$1￿ncles or apparent material mi$3tatements, we are requirgd to detemiine whether there is a mat8rtal misstatement in tho financial stalemgnls or a malerial misslatemenl of the other informal￿)n. If. based on the work we have perfomied. we conclude that there is a materid misst*em8nt of this other infom)ation, we ¥ uwed to rerKlrt that fact. We have nothing to report in this rega￿. Page S

Tho Bradlgy and Ka¢hgrfno Wickens Foundatlon INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE BRADLEY AND KATHERINE WICKENS FOUNDATION {CONTINUED} Matters on whlch we arn requlred to report by oxception We have nothing lo report in respect of the following mattvs where the Charities {A¢counts and Reports) Regulations 2008 requires us to report to you if, in our opinion.. the informats'on given in the Truste8s' Report is inconsistant in any materkgl respect wf(h the finanrjal statements- or SLrfficignl accounting records have not been kept., or the financial statements are not in agreemnt with the acwunting records and returns,. or we have not recwved all the infornation and gxplanations we requiro for our audiL Responsibilities of trustees As explained more fully in the Tntslefrs, Responsi￿1￿1¢$ Statement, the Truste&s are rasponsible for the preparation of the fin4ncial statements which give a true and fair view. and for such internal control a8 the Trustees delemine is nocessary lo envknle the preparation of financial statements Ihal are free from material misstatement, whether due to fraud or error. In preparing the financial $tslem8nts, the Trustees are responsibl& for assessing the charitys abilty to continue as a going concern, disclosing, as applicable. matters related to going concern and using the going concem basis of accounting unless the Trustees either intend to liquidate the charity or to cease operations. or have no realkqtic altemalive but lo do so. AudltoV$ ro$pon$ibilities for the audlt of the flnan¢lal stalgm8nts We have been appoinlgd as guditor under section 144 of the Charities Act 2011 and report in accordance wth the Act and relevant regulations made or having effert thereunder. Our objectwes are to obtain reasonable assuranGe about whether the financial slalemenls as a whole are free from material misstatement. whether due to fraud or error, and to issue an Auditorfs Report that includes our opinion. Reasonable assurance is a hrgh level of assurancg, but is not a guarantee that an audit conducted in ac¢oidance with ISAS IUKI will always detect a material misslal8m@nt when il exists. Misslalements can aTIS$ from fraud or error and are considered material rf. indiwdually or in the aggregate, they could reasonably be expeGled to influence the economK derisKJns of users taen on the basis of these financial slalements. Irregul8rrties. ineluding fraud, are instances of nOn-Cc￿plI8nGe with laws and regulations. We design procedures in line with our respon$ibilrtieS, Olrtlined above, lo d8t8Ct material misstatements in resp￿1 of irregulariti85. Including fraud. The 8Xtenl to which our pre￿dureS are capable of detecting Irregularit￿5, including fraud is detailed below. We Kjèntrfy and assess the risks of merial misstatement of the financial statements. whether due lo fraud or error. and then design and perfomi audit pro¢edures reSpc￿Sfve to those risks, including obtaining audit evidence that is sufficienl and appropriate lo provide a basis foT our opinion. In identifying and assessiThJ risks of material misslatemnt in respect of irregularities. induding fraud. and noncompliance with laws and regulations, our procedures included the followng.. enquiring of management conceming the charity's policies with regards identifying. evaluating and complying with laws and regulations and whether they were aware of any instsnce$ of non<ompliance." enquiring of management concerning the charity's policies detecting and responding lo the risk$ of fraud and whether they have knovledg& of any actual. suspgded or al￿ged fraud., enquiring of management concerning the charity's policies in rektion to the inlem81 controls @slablished lo mrtigate risks related lo fraud or non-compliance ￿th laws and regulations., discussing among the engagement team where fraud might occur in the financial statements and any polents'al indicators of fraud,. and obtaining 8n understanding of the legal and regulatory framework that the charty operates in and focusing on those laws and regulions that had a direct effect on the financial $talgment$ or that had a fundamental effect on the Operat￿n$ of the charty. The key laws and regulations we considered in this contèxt included the Charities Act 2011 and applicabl8 tax legislalKJn. One particular focus area was the risk of fraud through monagemenl override irf controls. Our procedures to respond to risks identified included the fdlowing.. performing anatyti¢al procedures lo identify any unusual or unewcted relationships that may indicate risks of matenal mi$stalement due to fraud,, revlewing the bank statements of the charity for eviéence of any large or unusual xtivity which may be indicative of fraud.. enquiring ¢)f management in relation to any potential litigation and ¢laims,' testing the appropriateness of joumal entries Page 6

The Bradley and Katherine Wickens Foundation

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE BRADLEY AND KATHERINE WICKENS FOUNDATION (CONTINUED)

and other adjustments.

Another focus area was non-compliance with the rules of the Charity Commission. The charity was authorised and regulated by the Charity Commission throughout the period. Our procedures to respond to risks identified included the following: reviewing correspondence between the charity and the Charity Commission; reviewing in detail the grants made by the charity during the period; and discussion of regulatory matters with the appointed officers of the charity.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify noncompliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: w .frc.orq.uk/auditorsresponsibilities. This description forms part of our Auditor's Report.

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an Auditor's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Blick Rothenberg Audit LLP

Chartered Accountants Statutory Auditor 16 Great Queen Street London WC28 5AH 22 March 2022

Blick Rothenberg Audit LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

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The Bradley and Katherine Wickens Foundatitin STATEMENT OF FINANCIAL ACTIVITIES Forthe year ended 31 Docembgr 2020 Unrgstrlctod funds 2020 Total funds 2020 Tot* funds 2019 Note Income from: DonalKJns Investments 480,798 67,382 480.798 67,382 71,275 Tolal Income Exponditure on: Charitable actwi(ies Other expendrture 548.180 548,180 71,275 261.020 32,479 261.020 32A79 230,000 43, 766 Total expendltur• 293A99 293,499 273, 766 Net incomellexpèndlturel bofor• other recognised galns and los$e5 Gains on revaluation of fixed assets 254,681 191,856 254,681 191,856 (202,491) 267,926 Net movement in funds Reconclllatlon of fvTrd$: Total funds brought forward Net m¢)vemenl in funds 446.537 446,537 65.435 3.965.137 446,637 3,965.137 446,537 3,899.702 65,435 Total funds carrled forrtard 4,411,674 4A11,674 3,965.137 All activitie5 relate to continuing operations All of the foundation's incoming resouree8 and resources expended relate to unrgstrictwj fund$. Thg notes on pages 10 to 15 form part of Ih8so financial ylatements. Page 8

The Bradley and Katherine Wickens Foundation

BALANCE SHEET As at 31 December 2020

----- Start of picture text -----
2020 2019
Note £
Fixed assets
Investments 7 4,056,883 3,802,114
Current assets
Debtors 8 121,142 28,270
Cash at bank and in hand 240,129 139,133
361,271 167,403
Creditors: amounts falling due within one
year 9 (6,480) (4,380)
Net current assets 354,791 163,023
Total net assets 4,411,674 3,965,137
Charity funds
Unrestricted funds 10 4,411,674 3,965,137
Total funds 4,411,674 3,965,137
The financial and authorised for issue by the Trustees on
14. 03. 2022 and signed on their behalf by:
t
BWickens
Trustee
----- End of picture text -----

The notes on pag 10 to 15 form part of these financial statements.

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Tho Bradloy and Kathorln• Wi¢k¢n• Foundation NOTES TO THE FINANCIAL STATEMENTS For thè year ended 31 Decembor 2020 Accounting polici08 The following accounting policiès have been applied in dfraling with items which are considered material in relatIC￿ lo tho fOUndat￿)n'3 financial slalements. 1.1 Basls of preparation of financial statsm8nts The financial $L￿eMentS have been prepared under the histori¢aJ Gosl convention with f(ems recognised al ￿$1 or transaction value unless othemise slated in the relevant n¢)tes to these accounts. The financial $tatement$ have been prepared in accordance with the Charities SORP.. 'Accounting and Reporting by Charitie$'. Statement of Recommended Practlce applicable to charities preparfng their accounts in accordance with the Financi81 Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 102}, issued on 2 October 2019, the Financial Reporting Standard applKable in the United Kingdom and Republic of Ireland IFRS 1021 and th8 Chariti8$ Act 2011. The Bradley and Kathorine Wicken$ Foundation constitutes a public benefft entsty as d•fined by FRS 102. 1.2 Donatlons All income is re￿gnIsed once th8 foundation has enlitlemenl to the in¢ome, If is probable that the income will k received and the amount of income recewable can bè measured reliably. 1.3 Expendlture Governance costs are those ￿cUrred in Connection with administration of the ft)undation and complianee with constitub'onal and statutory requirementy. Charitable actr'Mtie8 and Governance costs are costs incurred on the foundation's educational Operath￿S, induding 5UPPOrt costs and costs relating lo the governance of the foundation apport*)ned lo charitable artivitie5. Grants Payable ara charg8d in the year when the offer is made except in those cases where the offer Is eA)nditional, such grants teing recognised as expenditure when the conditions attaching ore fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as c¢)mmitrnenl, but not accrued as expenditure. 1.4 Cash flow The financi81 statements do not ￿Clud0 a state￿￿nI of cash flows because the foundation, as a small reportirq entty. is exempt from the requirem8nl to prepar8 such a statement. 1.5 For•lgn ¢urronci The foundation's fu￿tIonal and pffj$entsb'onal currency Is GBP. Monetary assets and liabilities dencminoled in foreign currencies are translated into 8t•rfing at rates of exchange ruling at the balance sheet date. Transactions in forei3n CUTrencies are tranS￿ted into sterling ot the ral8 ruling on the date of the transaction. Exchange gains and losses are recognised in the statement of financial activities. Page 10

The Bradloy and Kath•rfne Wl¢ken$ Foundatlon NOTES TO THE FINANCIAL STATEMENTS For tho year ended 31 Decembor 2020 AGcountlng pollcles {contlnued) 1.6 Inten%t rocoivabl• Interest on funds held on deposk Is Included when receivable and the amount can be m&%ured reliably by the foundation.. this is normalty upon notification of the interest paid or payable by the Bank. 1.7 Inv￿tM$nts Listed investments are a form of basic financhgl instrument and are inf(ialty recognised al their transaction cost and subsequently measurèd at falr value at the balance sheet dale using the closing quolt market price. The statement of financial adivitigs includes the nel gains and Ioss8s arising on r9valua￿n gnd disposals throughout the year. 1.8 Debtor4. creditors and provisions Trade and other debtors are recognised at th9 5gttlement amount after any trad8 discount offeied. Pr&pa￿entS are valued at the amount prepaid net of any trade discounls due. 1.9 Cash at bankand in hand Cagh at bank and in hand includes cash and short temi hffJhty liquid investments with a short maturity of three months or less from the dale of a¢qui$ilKJn or opening of the deposit or similar a￿￿nI. 1.10 Othgr fin•neial instrnments The foundation only has financial assets and financial 1k9bil￿eS of a kind that qualfy as basic fina)cial instruments. Basic financial instruments are initially recogni88d at transaction value and subsequent measured at their settlgment value with the exception of bank loans vrfhich are subsequent measured at amortised cost using the effoclive interest method. Llablllty of tru$te•s The trustees shall not b8 liable for any105S to the Trust fund unless by reason of wilTrJl or indrvklual fraud or dishonesty orwrongful omission on the part olthe Tfuslee who is Sought to be made l￿ble. Investment Income Unrnstrlct•d funds 2020 Total funds 2020 Incom8 from listed investments Bank interest received 66,467 915 66A67 915 Total 2020 67,382 67,382 Page11

The Bradloy and Kathorin• Wl¢kon$ Foundatlon NOTES TO THE FINANCIAL STATEMENTS For the year ondod 31 December 2020 InveslJngnt incom• {conlinued UnrgstriGt4gd funds 2019 Tot funds 2019 Inc¢me from listed investments Bank intere¥t reGeived 70,564 711 70,564 711 Tot812019 71,275 71,275 Expenditurn on charitsblo •ctiviti•s Grants to In$titutlon8 2020 Total funds 2020 Grants to institutions 261,020 261,020 GTrnts lo Insb7ulions 2019 Total funds 2019 Grants to in5tilulion$ 230,0 230,000 During the year lo 31 December 2020 the foundab'on made grants of at least £S0,C#)o to the fdltr•Ying institution$'. 2020 EMPower UNICEF AlzheÉmerfs Research UK 80,000 55,148 so.000 Page 12

Th• Bradley and Katherlne Wlckens Foundatlon NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 Decembor 2020 (Xh•r •xp•ndltur• Unrostrlcted funds 2020 Total funds 2020 Audit fees Foreign exchange los$ Other operating cests 2.100 11,385 18.994 2,100 11,38S 18,994 32,479 32fv79 UnrnstriGted funds 2019 Tolal fvnds 2019 Audit fees Foreign exchange loss Other opèrating ￿$t5 Zit 23,785 14487 2, 100 23,185 18.481 43.766 43,766 Taxatlon As a registered charty the foundation 15 exempt frem co￿ratIOn Tax. Page13

Th• Bradley and Kathorlne Wl¢kons Foundation NOTES TO THE FINANCIAL STATEMENTS For tho ygar ond•d 31 De￿mber 2020 Flxed asset Investments Other securilies invostmonts Total Cost or valuatlon At 1 January 2020 Additions at cosi Disposals at carywng valu8 Revaluations Fore¥n exGhange movemgnl 3,74S,241 942,003 1911,6661 191.866 {1411 56.873 3M02.114 942.063 1911.666) 191,856 32,516 32.667 At 31 December 2020 3.967,353 89,530 4.066.883 Net book value At 31 December 2020 3.967,363 89.530 4,056,883 At31 iknembgr2019 3, 745,241 56,873 3,802, 114 Debtorn 2020 19 Gift Aid recerveable A¢crued interest 90,180 24,982 28.270 121.142 28,270 Crgditors: Amounts folllng due wlthlTh one year 2020 2019 Accru81s 6,480 4,380 Page 14

The Bradley and Katherine Wickons Foundallon NOTES TO THE FINANCIAL STATEMENTS For the year èndgd 31 Doc•mb•i 2020 10. Statement of funds Balance at 31 Galn81 December (Losse¥l 2020 Balance at I January 2020 Incomo Expend5ture Unrestrlcted funds General Funds - all fund¥ 3,965,137 548.180 1293.499} 191,856 4,411,674 Page15