ChaFIty r•gl8tratlon numbor 1141206 Comp•ny reglstratlon nUmr 07567138 IEngTand 4nd W41*$1 STELIOS PHILANTHROPIC FOUNDATION -. ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 •AE6CD15J• 291111202S ¢CfftIPANIES HOUSE
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DOsrIen¥eIlO." 6AC24B92.1728404243C2415BOIACq8L STELIOS PHILANTHROPIC FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Sw Siekns Ha1OannoU JeaTrClaude EIe Peter Barton David 1$ Donald Manass& Nikos MOUO91ann1s Irene Roltha Pan har6ty number 11412 Cornpany numl>er 07%7138 Reglstgr•d offir• 34 Thurh)e Squ South Kensffig SW7 2SR Auditor Kwk RKe LiP The c#T Hwjh Street Ascot Berksh¥e SL5 7HP s*
rh)¢u$4n En¥dcpe ID. 6AC24892.172fAo42-A241Seo•A0 STELIOS PHILANTHROPIC FOUNDATION CONTENTS Page . Tru8lees' report In*Jependeni audilorfs StenI offirwKaal aci¥ibes Balance she•1 . ststemenl of cash ff 10 .Note5 10 the finanaal staterrnrts
STELIOS PHILANTHROPIC FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 30 SEPTEMBER 2025 The trustees (who a also di($ of the ¢hoAtaNe conwary for purF>)ses of ihe Companies Actl Psent Ihelr annual-report together wth.the audited finanoal slatement5 of steb.tss Phlanthrorx¢ Foundaticn fth• charilabte company" or'the foundation'l for the year ended 30 Septsmw 2025. ._The tru51ees"confirm that the"annual report and finantial statennts of the Charitable Mpat have been prepad ..In aCCordare with Ihe attounb.rg polves sel in note 1 to the finanal slatentS and compty with the charity's . gtsverning documents, the CompanEs Act 2006 and -A¢countin9 ond Repon9 by Charibe5." Ststement ol RecommeTrSed Praclice aWi¢able to ¢arities prepanng thew accounts in accordznce WTth the Finaal Repoiting standard applicable in the UK and R•puilK of Iland (FR5 1021" leffeclrye 1 January 20191. obtives and activMI¢$ Pollcles and obJecli¥es .The foundation's mis$iM 1$ to support a divetse range of c8ritaNe causes. place$ where the Trder andhis faft4y have Ied and worted". the UK and Ireland. Greece and Cypws. Mortaco aThJ Frdnts. 'The loundab'on maintain5.at least 6 web5ile5 in Older to inftm members otthe wbh"c and potentHI benefv'aiies ol th• ways r( gNe5 back to soaety.. 5tdios.org stelios.foundation steliosloundalion. Steliosfoundat)n.¢Qrn.¢y stelios.mc stdio$. mowe0. it mointain5 5e¥e¥al page5 on Lmikedln under the rnain pa9e". vnw.llnkedin.com1cLxnpytsleIhl1rOc4OUThd01k)nI Fundralslng a¢liVQ5 The prinupal bJnding source for tharty s lenty the donatms Irom easyGroup Lwniw. Sir Stelv)s's for- profrt Company an¢J owner of the ez5y faty of brands {w4w4.easy.com and easyHk%iory. info). The cumulative totsl of the donatons gNen by Sir Stel$ or his various entitS to Ihe chaiitabte FoundatK1Th5 (the UK Foundation . and its affiliated FoundaK>n in 2010 ro cE122 milion. The founda1 gNes its supwrt in the foknjing ways: 1. Helping the neediest people in Greece and Cypru¥. and also nowthe UK. Fran¢e and treknnd wiih-Food From.The. Heart" Thi% program..started fft 2013. offÈts focJ and snacs wahout discrirn1Thatjn lo people w) to one of the designated distributJn centre5 and ask forthern. 2. Fundin9 xho1ah1Ps for youn9 people to attend sdw15 and unryer5its. dUdIng but nDt hmited to the on8s where the founder was himsew edUted Itjoukas H¥Jh School in Athens. London Sthc4J of E¢on(¥niG8 aThl Cty UnNersity in London). 3. Promoting la$llng peace on the Island of Cyprus a0. $inu Jll O¢tob¢f 2025. In tr¢land. Since 2007 we have offered several bTr<timnwnal awards to teams ¢orynn9 one Turkish Cypriot aTra one Greek Cyprio( who are cooperats.ng In bu5ines5 011 the i51and a5 a way of buiKlin9 0)nfide beeefi Ihe two cornmunities. In Ireland the airn is to promote North-soulh business cooperation on the island of Ireland by en¢ou(agirJ businesses in the RePu1C of Ireland and Northem Jreland. part of the UK. tts do busThss together for la$tiThg peace and econornLC prospenty. 4. Donatlng money to oth¢r ¢harlti¢s a thwers¢ wge of rauses- mainty in the naty In our StaMertt a$ being close to home.
STELIOS PHILANTHROPIC FOUNDATION TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) ICONTINUEO) FOR THE YEAR ENDED 30 SEPTEMBER 2025 . 5..SupporUn9 entr¢Ve¥ In Iht Uli Gre. Cypw$. •nd PAona¢o •nd Frnn¢e". We 9ive $h grants to Ihe rr)st successfvl enpner$ who have started the rr•m bu5ifiess in order to encouTrge Ihe creation of more busine$$ $tart•UPS Wh is the best way of creating new iobs in an economy. In the UK there is an award for -.disabled entreprefieurs inyathership the disaknlity charity Leonard Cheshi. Some ol Ihe projects In Fra . and Mona¢0 are managed ty Ihe affi&ated loundatM)n in Monaco, FOndaln Phlanlhropique Slelos. Publlc benefft siaitm¢nt -The trustees confim Ihat Ihey have referred to the guwJan( conts1d in Ihe Charty CommissJn's general guidance on public benefft vthen re¥thThg the charitaNe MpanS aims anl olyeCes in plannlng lor the ftrture and in seth'ng the grant rnakn9 Ocy for the year. Sirat¢gl¢ report The description under Ihe headings-Athievernents and perfarKe. aThJ"Fnanrial revi•¢ Thel Ihe company L requirements for Ihe Injstees to pre5enl a $trateg¢ rep¢xt Aehlw•ments and p•rfornan Revlew of a¢tivitie$ The year undef review saw the c1•11)n of the core actr¥ilie5 01 Ihe chaiitable c¢ryany and rt rs antryated thal .in¢ome ex(8d èxpendilure during.the lorthconNn9 year. The trustees are grateful for ihe wbstantial donatkn$ received Irorn both individuals and Organisatn5 during the year. Flnan¢ial revlew Rev6ew of the year The tnjstees present Ihe fiftancial stsiements ftsr the year ended 30 Septenr 2025. Total incomin9 resources tor .the year amounted to"£14.376,341.-In'addilTron. a net gain on iniestrYni$ of £XE.2(M) wa5 realised durin9 the year, bnnging Ihe total income to £14.882.$41. Resources expended on charitatAe adivrti2s. Including lI1-year cornnutrnent5. totslled £13.117.779. comprising tharilabk donation$1£9.$06.1481 and charty costs1£3,611.6311. -The overal movem•nt in lund balances lor the y8arwa5 an inrnase of£1.764,762. Goln9 ¢on¢•m The Foundation has suffj¢ietit reSr¢t5 so that it can dixhar9E its liaNleS for at as1 a year fvorn Ihe date the financh?I slalements are approved anl ensure adequate resources lo continue in operatnal exislenr for the foreseeable future.. Fw thi5-reason. Ihe Tru51ee5 conlinu• to ath)pt the going concem basi5 in preparin9 the financial ststemenls. Furthèr details regarding Ihe adopbon of the going conrn ba$1$ can be found in the countin9 pob¢ies. Reserves policy As 3t 30 Septerythr 2025 unrestricied re5erye5 •wnied to .273.080. Th& tru5t0•5 have adopted a poIry to maintain wrestrted lunds, wlmch are the free reseNe5 of the charitsble company, at a bgvel whKh equates to approximaty 12 monlh$ restriCted expenditu and donation$ by ea¢h year end. In addthon. and fo&wAng Ihe change of the ¥iKks of a$8odaJw wlth a ne• investsM)t [1¢Y adopted 10 April 2024, Ihe charitabl•'compary %¥iM invesl its Su$ fvnds in order to generate its own recurring income from which rt can lund tuture donab"ons. The sum 01 £1.083.813 wa$ eamed in the year to 30 September 2025 trc premk9 on selling optKsn5 and artsed caprtal gains. Since 26 Juty 2019, when ihe charrtable Coryany adopted rewsed aitides of a0)n sliptjlating that certa priwpal prope(e$ $houk1 be retsined ID pwpetuty ty Iwndalton. ihe net book Wae of Ihe5e pfoperties is represented in endowrnent fd$.
Oocu8l•n En¥el¢ye IO". MC24892.f72&4042-AJC241SBD4AO STELIOS PHILANTHROPIC FOUNDATION TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT AND STRATEGIC REPORTI {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Plans forfuiurt perf¢)ds Future d¢velopments . The charitable corrwany plan5 to Cclltinue to thJ)aie lunds in accordarte with its Wtles In the foreseeabb fvtrjre. The trusiees have deoded to use s(Mne of Ihe chanws avai cash to invest in another subst•tial prknwal property in LOlld. UK. in order to act as the Sleli05 Pbibanthropic FoundalK conlererbce hall and. IA the Sarnè way a$ Plaka in Alhens. Greece. make it avalble to other charitie$ lo use for free for their fvntlfaisers. Structure, governa and managemenl Con$tituti¢n . The company is registered as a charitable cornpany thted by guarantee and was in¢ewraled on 16 Marth 2011 ..under..the charIty.nurnber_11412r. The governing documents we Ihe updated rnerrKJrarthm and artKfes of a550ualion adopled on 10 Apnl 2024. The directoTr. trustees, and fflembe ofth? chawltsble cornpany The dirertars olihe charitable Company are also tmstees for the purposes of ¢arty I. The d1ctorS and tsuslees of the ¢hanlable cwyany who held offtt duthg Ihe ye¥ THe Slr Ste50$ Hal annou, Peter Bart. JeaTrClaude Eje. Donalj Manasse. Nikos Mourkogianni$. 08¥h¥ Wat50n, and Rena ROVrth8 Panou. -. The members.of.the foundat•M during the yew were Ihe foknwknj 17.. &r Steh)S HaJITrloann. Peter Barton, Jean£laud¢ Evd¢. D¢ndd Manasse. Nikos MWrk0gftnks. David Watson. Irene Rouvitha Panou. Orfa Murphy. Ana Hay-bann%yJ, Tracy Ghory. Alan mah. Ken GTrJgs. Panws Hassapvs, Lora Galrtzine, Manos Mi5Sirtt5. Hugo Modderman and Mary Telemxhou. The lull delails of the 17 members of the Charitab MPanY 17 trustees and ." 10 associate mEfr>prs1 can be found on oui website hlJp5Jlste1s.fOUDdaty.Onl. Method of appolntment orelectlon of trn5tee5 The man39ement of the charitabk Company is the responsknhty of the trustees who are elected fAWed derthe lerrns olthEArtK4es ofAsSouatjn. Trustee5 a appoinled at the discretb)n tsf Sir Stebos Haji4oannou. The e$b"n9 twstees ore sponsb1e for the ductKsn ol any twslee. whh invths awarenes5 of a trustees reS[nsI11es, the goveming documwt5, administrative pro1UreS, and the $tMY )d phih)sophical apwoath ofthe dwrtsble rny. Rlsk managomont .The tru$tee$ have assessed the nw risks to Wh the ¢harrt¥bk ¢onN)any 1% exposed, in po¢U1ar those related lo the finances of the Charitab company. and are 5alisfied that system$ arK1 prc£ethJres are in p¢ to miliga¢e the foundation's exposure to the map)r risks. The rnain risk io the income of the Iwndalion is rf sorrlhing happens affects the profits of ea5yGroup Ltd and its abilrty to donale most tsf $vth proffts to the charitsble Company eacth year. 11 this were lo happen, the founder will step in 10 prowde Ihe charitable cornpany wth SUffiCnt funds to rneet its cornmitrrnt5 a5 they fall dtse. As most of the commitments are one-off payrrnts ea¢h year. in Ihe eventualty of redwRd income the cantable cornpany coukl substanbally dUce ts Outgoings within a lew rnonth5.
STELIOS PHILANTHROPIC FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STrATEGIC REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Slatement of trus$. rnsponslbllltles ""The Iwstees. who are also the directN5 of Stelios PhiLqnlhropiE FouTrJaknn for the purpose of parbY law, are responsible lor prepallng the Trustee5' RepDrt arKI Ihe finanLyal Slatets in a¢¢¢xdanre with appli¢aL4e l•v anJ -united Kinath>m Accounbng StarJards Iuniled Kingdom GeneraltyAcceptedAccounling Prae}. Cornp8ny requyes Ihe tntstees to wepare ffinancial Statemerts for each firwncial ye0rwffi gNe a true and l'r view of the stste ol affairs of Ihe charty and of the incoming resource$ and applrab.on ol sOue$, induding the incorne and expenditure, of the chaiilat4e compary lorlhat year. In preparing these finanrA slatempnts. Ihe trustees We requited lo." - selecl suitable ac¢oyntmg pok$ and Ihen appty Ihern ¢0nsslen'. - observe the methods and prinaples in the ChalitS SORP.. - make judgemenis and estimate5 that are reasonat4e and wudent; and -. prepare the finanoa 51atements on the going ¢on¢¢m basi5 unless rt is inappropriate to prtsume that the charity ill ntinUe in operation. - The trustees arè"responsiblè"for"ke8ping adequate accounbng records Ihat reasonabkn accuracy at "any timlhe financial po$itknn ol Ihe chanty and enabbe them io ensufe that the financml statements compty with the Companies Act 2006. They are a150 $POnSi for safeguardin9 the o55ets of the tharity and hen for taking .reasonablÈ sleps for the.preventson and delection ol fraud and other •egUlaritIeS. This responsbility extends to . ensuring the maintenanwand inte9rty" of Ihe corrx)rale arKJ finanrial inf0Mt)n intJded on the chanty's websiles. Audltor In accordance wilh the coryany5 a..$. • resobjbon try05ng that Rre LLP be thippointed as ol the (xynpany Mll be wt at a General Meeb"ng. Disclosure ol infonnation to auditor -Ea¢h ol the trustees knaS.nfiMd that Ihere fK 5nfomiation of Ihey a is rdevant to Ihe audit. bul of which the auditor is unawzre. They have furfher CMfirrrd th3t they have laken approprie steps lo . idenify su¢h rele¥anl m10mtiOn and to establish that Ihe aurfitor is aware olsuth inlom781l£. .T.he tru5tee5' report. induding the strategic report. was aped by th? Board olTrustees. *pAdbr. Sir Ste105 Haji-loannou Chalr 28111r2025 Date".
OocJJ$Nn ID." 6AC24892.17264042AJC2.F15BDIW STELIOS PHILANTHROPIC FOUNDATION INDEPENDENT AUDITOR'S REPORT TO TfrIE TRUSTEES OF STELIOS PHILANTHROPIC FOUNDATION Opinion We have audiled the financial statements of St•los Philanthropic Foundath)n (the '¢hanty'l for the year ended 30 September 2025 which ¢omprise the st8temert of financial athits. the baknce sheet. the statement of cash flows and the note5 to Ihe finanoal stalemen15. in(knJiny $ignthcant accounting polKae$. The finanoal reporting frarnewotk that has been applied in their preparation is aPicable law aThJ Unrted Kingdom Accounting Standards. ClUdIng Financkil Reporting Standarrj 102 Tre Finonoal Re Standard aptyffcable in the UK and RepublK ol Ireland Iuniled Kingdorn GeneraltyAc£epled AcCtin9 PTrciKel. In our opiiw)n. the finanaal 51aternents". .gNe a tnje and fa view of Ihe slale of Ihe tharilatAe txryarrfs affaws as at 30 September 2025 and of its ..incoming rescw¢es.and applicaknn of $0yrte5. ljding its incom and expertdkwe. for tho y•ar then ended., . have been propety wepared in a¢¢tyd¥¢e United .d0M Gentralty Ac¢epied Accounting Practice: and have bwi prepared in (dance wilh ihe reqments of the CorryaniBsAd 21x6. Ba818 foroplnlon We.con¢Jucted our audit in accordance with Intemaiional Standards on Audrting ILIKI IISAS IUKII and applicable law. Our SpOnsibe$ under those Standards are further des(xibed in Ihe Autyrfots sPon&illIs lor the 8udit of the fviancial statemertts seclHJn of our reporL a independent of Ihe ¢harity in a¢cordance with the ethical requ1mentS that.are rdevant to Jjur audil of the finanoal StatentS ITh the UK. inthdg Ihe FRC s Ethical StaNlarl. and_we have fulfilled our other ethical reSponbrS in acwdanc ith these QUIreMents. belleve thatthe au¢Jit evidefice we have obtained is suffiuent and appropiiate to provide a basis forow opinion. Conclusions relatlng to yoing ¢oneern In audit9 the financial statents, we have conduded that the tru5tee$' uso of th? gokng corKem ba51$ of aCcoun.j in the preparnlion ofthe statements is appmpIe. Based on the work we have Ferformed. we have not identrfd any material uncertainbes relalirpJ to evenls or condth.ons thaL Individually or Colkctvety. may casl signrfthnt doubl on Ihe ¢hatys abl1 io continue 85 a going . corFcem 1or_apevd of al leasttwthe month5 ttom vknen the financial 51ateThnls we athorised for issue. Our responsibile$ and the responsblles of the trustees with respect to 90iry concem a described In Ihe rele¥anl sections of this POrt. Oth•r Inlomi•tlon The other infoma.0n ¢(xnprises Ihe infonnalion induded the annual report olher than Ihe finanoal $latements and our auéiforfs reporl thereon."The trv5tees are spOnSit4e for thE other infNmation contained within the annual report.-Our_ opinion on the financkql statements does not cover the other fOrMatiOn and, except to the extent othewi5e expliotlv $taie"d in our report. we tlo ntst express any form of a$suran¢e condusiDn thereon. Our respensibilty is to read the oth2r Information and. in doing so. consder whelher the other InfOrntIOn is malerial Incon$isient wth the finanoal statewnts or our knowledge obiained in Ihe course of Ihe audit. or Olherwise appears lo be materially misstated. If we idenbfy 5uth matefial Inconsislenc4e5 or apparent rnaterial fflisstatemenls, we afe required to delernwne whether gNes rise to a mateiial misstatement in Ihe ffinancwl ststements themsefves. N. based on ihe wcrk we have performed. we condude that Ihere 15 a material rni55raierDeni of thi5 Other l0rrnat1tsn. we are reqred to report that f have nolhirwj to report kn th[$ ward. Opinions on oth¢r matters pres£Flbed by th• Comwp¥ies Act 2006 In our opinth. based on thework uTrJertaken Ihe r$e ol our audit." the infomialon 9Nen in the tru51ee$' pOlI the finanrial year for whKh the ffinanual statements a prepared, which indudes Ihe directors. report and Ihe strate reFO)rt prepared for the purpo$e$ of corryany , 1$ ¢on$i$tent vAlh the financi 51atemenls." and Ihe Strateg port and Ihe direciois. pOrt inth¥Jed witlwn the trustees, POrt hav• be•n prepared in accordance wilh appli¢able legal reqvirerrEnt5. sÈt
STELIOS PHILANTHROPIC FOUNDATION INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF STELIOS PHILANTHROPIC FOUNDATION Matter¥ on thich awv r•guiTrd lo by gxcgption In ihe light of the kned9e and underslandiig ol the tharity and it5 envitonrnent obtai in the coutse of the udit, we have not enIffied matewial rni55tafefflents in the strolw"¢ rewt orthe directors. report ded the tru$iees' report We have not"Trg to rewt in resFrtt of Ihe fdkr•&ing matters in io the CompanE$ Act 21x6 requires us to report tts you rf. in our opinK)n= adequate a¢¢ountin9 rerS have not been kep¢ ¢¥ retL¥ns ade9te for our autht have not been receed from bfanche5 not Vi5iled by vs- o Ihe financial statements are not in agent wlti the ac£oting records and relums., or certain di$¢I)Su oltrustee$' remuneration specthed by law are not Tnade." we have not f¥1Ved all the infom11 and explwiJthx we au ResponsibMits85 of tru5ts•s As explained fulty in the $latement of trustees. $pts1AlTh. th• Irustees, are also the directots of tbe charty for the purpose ol company Law. are responyble for the weparatp)n of the fmanck21 $tatements and for being satisfied that they give a true and fafr wew. and for such infrmal ¢ontr a5 Ihe InJstee$ detemine 1$ ne¢$sary lo -.8nable the preparalion of financk41.statement$ thai are free from matenal rnisstalemenL whether éu8 to fraud or error. In preparing Ihe financial statements. the trnee$ are re$wisibk for asse$$in9 Ihe chanty's alIty to continue a5 a going concem. disdosing. as appS¢able, maiters related to going concern and using the 90ing concern basis of accounting unless the trustees either intend lo bquidale the charitable company or to cease operats'on$. oi have llD ll$liC altematNe lo do so. Audltor'$ responslbiliti8s for the audlt of the Ilnancial statements Our ¢Jty'ectives are to obtain reasonable assurnnce abo ¥Yhelher the financkql ststernenls as a Who are free Irom . material mi$stateffenL whether due.to fraud crf error, and to issue an audrtof$ pOrt that indudes our Op10n. Reasonable #$$urance 1$ a high Of assuonce bul 15 not a gvarantee thal w audit conducted accordan with ISAS IUKI w1 atrays detect a matwial misstatement whan rt exi%is. Misstatements ¢an arise trom fraud or etyor and are Nsided material if. indNKlualty or in the a99regate. Ihey couhj rea50nabty be expected to inlljence the eConOrn decision5 of u5er5 taken on ihe basis of these finaThcl siatements. The extent to whKh our a ¢ap ofdetecliry irreg85. I[Kding fraud, detaiknl bel¢y. Our audit approach wa$ de¥ekJped by oblaining an understsnOin9 of the ch81ity's aclwthes. the key fvnchons and Ibe overal contrul environrnenl. Based on this understanding we assessed Ihose aspects of Ihe charity's .trans8dions and balances whith were Thjst likety to gNe rise trj a m8tefial misststement and were nK)st SusCepbI? -to.irregUr1eS inthding fraud or error. Specfftalty. we Kjentified what we c0Th5idered to be key audit n5ks and "planned our audit approach ac£¢xdingly. Induded in these key audrt risk$ w8s managemÈnt o¥rride of controls with respect lo expenditufe re))wibon and paymenl. impropei accounting fo¥ trsaCS in foTe40 oJrTerties, and inappropriate revenue reo)gnit)n procethres. We applied prolessonal xeplTrusm and ¢JesvJned audit proceduies lo respond to the risks. recognisir¥J that th• risk of not detecting a material missiatewl due lo fraud is hvjher Ihan the rBk of not tle¢ectin9 one Su111n9 from error. as fraud may Invve delberale concethent by. tor exarrpk, forgery. misrepresentations orthrough co1bjsTr. In re$poning to the risk of managent overrfde. we anatysed the imFmentalK)n aThJ effectNeness of authorisation controls place for onl'ne bank payrnefjts. as wel as performirKJ ioumal testing 8nd evaJating whethef there was evK1ence of bias by key management personnel in deveknping accounling estimates and wi apptying accounbryJ pokies. To assess the approwateness of revenue re¢o9nitTh we have oblained comfori tters and reviewed yearnd bank paymenis io nfIrM proper 0jlff. The risk of nappropriale accounting for loreign transactions was mthgated thrgtt the recakuLal¥)n of various expenditure trans•clion$ tested throughwl the audit at the exthallge rate WEvath"ng on the transac date, and the retransFation of sigTrfficant rnonetary assets and liobilthes at the year•end sp)t rat
Docthi9n En¥el¢ye ID.. 6AC24892.172W42A3tr2-F15BDMC8BE STELIOS PHILANTHROPIC FOUNDATION INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF STELIOS PHILANTHROPIC FOUNDATION .There are inherent Imitstions in Ihe 8j11 procedure5 debed above. The fijrlher removed non-cornpliance wlh laws and gUlationS is from-the events and transaclin$ retscted in the financial statements, the less likety we woukl become aware ol it. Appropriate enquiry was made of senior ManagenI as whether there had been any identified Of $uspe¢led.fraudulenl activities or non-CoM1an¢e with relevanl L8W5 aThJ regulations during the period. The minute5 of tTUStee meetings-wwe 0 reviewed ¢0 iLkntty any 1¢¥torS ol non•cornplk3nc wrth law5 and rggulation$ and potents"81 or suspected fraud that cOd read to a material misslatemenl the fiDanoal 51atements. A ftjther descriptw of ¢JJr SpOnsibS Is on the Finanoal Retw)ning coun.$ webslte at.. hltps.'Il vw.frc.org.uWauthtor5responsknrfibe5. Thi5 de5uybon forms p8rt ofour aLJitorf5 report. Use ol tsur report This prt 15 rTrade 501ety to the ctiarftabTe"¢onwans member¥. 85 ¥ body. in a¢¢oTdan(twith Chapkr 3 of Part 16 -of the Companies Act 2006. Our audl w¢yk has been undertaken so that we nmght Stale lo Ihe charrtable companvs members those matters We.8 required to $tate to Ihem in an audrtof $ reJxrt and for no other purpose. To the . fullest e¥tent penllitted by law. we do ritst a¢¢ept ¢x a5surybe responsbdity kn anyone other than the tharilable cornpany and the charilabie companys n%mbers as a iw. for ow audit woth. for thi% rewl, or fowlhe onnS we have formed. Graham Jennlngs.ISenlor Statutory Auditor) lorNI on bohawof lQrk Ric• LLP 2W1112025 Stattrtory Audltor The Courtya Hbjh Street Bwkshi SLS 7HP
STELIOS PHILANTHROPIC FOUNDATION STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025 . UnrtStri¢t¢d Endowvnent funds nds 21125 2025 Total Un¥¢strkt¢d Endo%bYThen¢ funds fund$ 2024 2024 Tol41 2025 2024 Noies Donations and legacie5 Charitable acbwiios Investnts . 12.813.792 116.725 1,445.814 12.813.792 116,725 1,44S.824 15.849.704 79.888 1.02S,(S 15.849.7Q4 79.888 1,02S,065 Total incomé 14.376.341 14.376.341 16.954.657 16.954.657 ndllur• o Raising funijs CharitaNe a¢b¥rtie5 ' 44.091 12.689.993 44.091 383.695 13.073.688 34.522 9.112.767 34.522 385.548 9.498.315 Totsl oxpendltur• 383.695 13,117.779 9,147,289 385.548 9.532,837 Nel gaIno$$es) on investments 13 9)6.2tsJ 506.2Lk) Net Incomellexpendlfyrel for thE y•rl Net movwnent In funds_" 2.'148.457 1383.6951 1.764.782 7.807.368 1385.5481 7,421.620 Fund balances at 1 Odober 2024 24.124.603 15.070.616 39.195,219 16.317,23S 15,456.164 31,773,399 Fund balances at 30 September 202$ 26273.IMO 14.686,921 40,959.981 24,124,603 15,070ffj16 39,195,219 The $tatemenl of financial a¢b.V"es IrdeS 1 gains and knsses recognrsed in tr year. All irK¥)rre and expendrtur¢ delive Irom ntLling aclivities. The statemt of financial akn requirerrents for an orne and expendtture ac¢ouni under the Cornpanie5Act 20C6. The noles on pages 11 to 30 f(rfm p4rt ofthese nlOI statem.
STELIOS PHILANTHROPIC FOUNDATION BALANCE SHEET AS AT 30 SEPTEMBER 2025 2024 Flx¢d a$s•ts Tangible assets 15 17.399.220 17.686.808 urrenl assets Debtors Cash at bank and in hand 18 5,774 26.592.418 3,249 22.722.130 26.598,192 22.725,379 Credltors: amounts falllng wlthln y•ar 17 11.444.431) {716.968} Net currenl asset5 25,153,761 22,008,411 T*xal ass•ts 1¢$$ ¢urrnni Ilab411U¢s . 42.552,981 39.695.219 Creditor5- amownts lalllng after moro.than on• y•ar 11,593,C¥)01 Isoo.0001 N•t a8$6ts 40,959.981 39.195,219 Income funds Endowment fvnd¥ Unrestricted lund$ 14.688,921 26.273. 15.070.818 24.124,603 40.959.981 39.195.219 The fie$ on pa9es 11 10 30 fo part ollhese ffinanoal swemen 28111r2025 Th8 anclI statements vme approved by the Tnlee$ on............... . FA54EI Sir Stelios Haji-loannou Tnmtee COmY reglstratlon numb¢r07567138
DooAbJn ErtloFe ID.. 6AC24892-172W42-A3C24158D4AOg STELIOS PHILANTHROPIC FOUNDATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEAIBER 2025 2025 Ca$h flows from operatlng activiti05 Cash generated frorn opera1$ . 2.293.754 7.31e.539 Invgsting acti¥ities Addrtions to tangible fred assets Purchase of inveslrnents Proceeds trom disposal tsfinvesbts Investment Income reNe¢ P91.8801 113.552.8CQI 14.059.IX(I 1.445.824 1485,7771 1,025,C65 Net cash genernted from Investing act1¥¢9 1,fj00.144 539,288 Nt CB8h used financing a¢iivitseS Ilet in¢r¢ase In ¢ash and cash equlvalents 3.953,898 7.855.827 Cash and cash equNaents at beyinning of year Effed of foreTr •x¢hange lates 22.722,130 183,6101 14.835.514 .789 Cash and cash equlval8nts at end olyear 26.592,418 22.722,130 The notes on pages 11 to 30 lo part olthese fitial statement¥. 10-
DovJn Envdwo10."IAC24B92.172&1042AX2$15BD4A09BfA8 STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 A¢¢ounting polleles Charity infonnation Stdios Philanthropic FoUnda1A is a charitable o)nwny limed ty guarantee •rrpaIed in EThJland and Wale5. The règistered office i% 34 Thurfoe Squafe. South KensiTrg. London. SW7 2SR. In the event of the company being Und up, Ihe 1kqkn.lty in resFd olthe guarantee is &mrted to £1 per m•mber olthe company. 1.1 Accountln9 conventlon The ffinancial statemen1$ have been prepa in accwdance Ihe charity's Artths of Asso¢ration, the Cornpznies Act 2006. FRS 102 FinaAtsal Repoiting Standard appkable in the UK and Republi¢ of Iland. I"FRS 1027 and the Charits"es SORP "Accounbryj and RepOrj by Charities.. Stalernent of Recomrnended Pracbce #p¥bIe to thar1$ wepann9 the accouTrt5 In a¢cffllan¢ with Ihe Financial Reporbng Standard applKable in'lhe UK and Reput4"c of Ireland IFRS 1021- leffectNe 1 January 20191. The charity is a Public Benefit Enty 0$ defined by FRS 101 The finanoa 51alernent5 a prepared 5terbng. whth is the knctional JeTr of ihe tharty. Monelary amounts in these finanL¥al statements are rwnded i¢ the neare$t E. Thè financol siatements have been pe the histo7 ¢&)¥ti0Th. rhe prinopal ac•)unth"ng poIKies a(lopted are set wl bdrw. 1.2 Goin9 concgm . The Foundation has sufficient available resources io discharge its obtgatiNs for at kast one year from the . date of .apprOV of .Ihe financtal statements and ensu adeyuate $Oue$ to wlirNJe in operath)nal exisience for the foreseeable fvturè. There WÈ no mateiial uncertaint5 reL4bng to events or ¢4ndrfTon$ that ¢asl significant'doubt upon the'thartys ablty to continue as a goirBJ concem. The Trustees therefore . eontinue to al(yt the g0kn9 wiwn basis in preparing ffinarKia stsnn 1.3 Ch¥ritsble lunds General funds are unreslricled frjnds •ch are avalabfe fc¢use al the discretion of the trustees in furtherance . of the general obiecbves of the.chafftab Ix)mpany and have not been tlesi9naied for other purposes. . .EndoMxent fiJnd$ revTrI assets hekl ty the &)mwythat a iiii&ided fr use in perpetuty. 1A Incom¥ Income_is recogni$ed .when.the chanty obtsins legal enMrnenl for $u¢h inrne, 6t 1$ probable that the . income will be recei¥ed. and tre arrolt of in¢ott CvatIe can be nasUred iehabty. Ca5tt dcffjations and other donati$. indIng donabcn5 in kd. are inckAed Ihe charrfy's ac¢ounts when received, provided Ihe value of the donation can be measured reliabty. The value to the charity of donated assets is Ihe arnount that the (harty wouhj pay in the open market for an oltemauve assets tha¢ provide a benefit to Ihe charity equfvaknt io Ihe donated iiem. For donated land and buihlings, this is the Land reg15try prvperty value on the date of transfer. Investment ineorno is tamed from holdfftg a$s•ts and, as disc)5ed in Nole 18, s•lling derivative ffinan¢ial instruments for inveslment purp)ses. Invesbmenl llKome inchths Int$t accrued on surplus fvnds and premiurns re¢eNed on Ihe sak of pul OPtK)ns. These amounts are recogni5ed when eamed and are used in the or4lnary charStable activibes of the drity. Inwme Irom Charilable actMis relates to rental rme from the lea$ing of Cine Poris. an open•a¥ anerna located on the rooftop ofthe thanvs Plaka ¢¢nIe[e hall. Rentsl arwjnls are recognised ¥then eamed and a $tNC1u lo In8$e in line wilh expeded 9eneral inftatK)n of 3% to cx)mpensate for the tharitys expected inffBtionary cost Crease5.
STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting poli¢s Icontlnuedl 1.5 Expendllure Expenditurt 1$ fecognised Or there is a kgal or Oaltin io transfer erA)rth1 benefit to a Ihird paty, It 1$ probable Ihat a transfer ol beneffts b• rryquired in selllennL and Ihe wnount of Ihe obligation can be measured reliabty. Expenditure is dassffled by a¢bth. The of eath actmty are made of Ihe total of dwect Costs and shad costs. inclJdin9 SUPPOrt Costs invofved in uThJertaknng each thty. Direct costs anributabk to a gngle . actlty.8 alkated dweclty. to that acti¥ty. Shared costs ffiich contrknute io more than one actNity and ' support ¢OSts whth a not attributaNe to a sin apporfFoned bets¥eeA those actMtie$ M a basis - consistent with_ the .use .of_ resour$. Central 51aff costs are allocated OTh the b35is ol time 5F<nt. and depreoatin carges are albxaled on the ofthe assefs use. . Governan are. those. in(wr in nneC1)n vAh admnistraliw of Ihe charitablg company tompliance vnth n$Ml)01 ar staiutory requirerrents. Charitable actfvities are costs incurred on Ihe Charrtable companys operabDn$. inthdin9 $UPPOrt costs cosls relabng to Ihe governance of the conyny apportioned to tharitalAe actNif5. Grants p8yatAe are tharged in Ihe year when the offer r4 made except in Ihose case5 th the offer is cOnd.0al. $u¢h grants bwng recognised as expenditu when Ihe condffions atta¢hing are fulfilled. Granls offered 5ubj•ct 10 ¢ondibon$ wttsch have noi b••n at ihe year end are nod a5 3 ComNiment. not a¢¢rued as expenditure. Grants vknere the 5ettment of the obl3a1)n 1$ deferred by rTK¢re Ihan 12 rnonths are feGogni5ed ak the present valut. Al expen(liture L8 Incfus6¥e olirrecfjvefatle VAT. 1.6 Tanglble fixed assets Tangible fixed assets are in41ty maswed al cosl and 5ubsequenty rn81d at cost or valuation. net of depti8"0ft and any inwairThnt k)sses. .DeNeciabon 1$ OgnISed $0 as to vnite off Il $1 or ¥aluat¥Jn of assets less theic Jua1 vak$ over fvir usefijl INts on the fdltrwiig ba585.' Freehoby land and budLtir Propety improveftnts PlaN and equipment FU$ and fthings OffKe equipment rh stratht b.ne 10%- 20% strayhl Sne 33.3% $ts8vJht th.ne 33.3% Straht th.ne 33.3% straabl &ne The ga or arisingon the dwsal of8Th assei is detefftned a5 the dIffenCe betW88n Ihe sale pr£eedS and Ihe carryiN4 vdue of the asset. and 15 recognised in the statement olffinaIaI actie$. 1.7 Impolrment tsf fix¢d ass•ts At each rewrtin9 end date. the charity ¥leS the carryin9 aThTrts oi its tsngibk assets to delemiine whether thefe is any iTrJicat)n Ihal Ihose assets have suffered an impalmt loss. tl any such indKalion exist5. the recoverat4e amount of the asset is estirnated (rfder to determine the extent of the ImpalmnI loss Irf any). 1A Cash and cash equfvalents Cash and cash equlvants intjude cash in hand. depo$its hebj al banks. other short-temi liquid investments with original mantieS ol Ihree nIh5 le55. and bank o¥erdraft5. 8ank overdraft5 are shown wrthin t¥rrowings in current tsabilrt*s. 12-
STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 A¢¢ounllng poI¢i•s Iconllnugdl 1.9 Financial in5tNm•i .The ¢harity ha5 ele¢ted to th• of sea 11 '8ax Financial Instruments, and Section 12 .'other Finanrial Instruments Issue$. of FRS 102 to all of its fmancial lnslrurnts. Financial inslrurnents are recognised in the chaiitfs bala¢ sheet Tthen the chlty beeome$ paty lo the ¢ontradual provisions of the instrument. Fir081 assels.and hab&15 are oftset. wth the armjrts prEsenled in the fmanc4815talement$, when there is a le9ally enfor¢eabbe rtght lo Set off the re¢ognoed anK)urts aNd the is art intents.on to setdg on a not basis or to realise the asset and setue the liatxlity 5iffluttaneousty. Basi¢ fin•ncl•l •$$ets Basic financial assets IncJde.other debiors and prepaywnts. Other deNors ar¢ recc#3ni5ed al Ihe 5elll8rnent ' amourii after con$Kleration of trade dts¢wnls offwed. Prepayments a ¥ae at the prepa net ofany trad8 dscounis duè. Otsrflnanclal assets -Olher financial assets. cj'ng investments in eqiwty InstrntS %fiich are not subslarIes. aSSaleS or joint Ventu$. are inrtialty-measurnd at fair vabje. which is norrnaty the transadion price. Such assets are .-subsequenlly carried at lair valje and the thange$ tsir value a recognised in in¢omelleXpendilu). except thal investments n equty instruments that are not pubhcty traded and whose faw value5 cannot b¢ mea$ured liab are measured al cost kns impaimnL Derecognitlon of finan¢i•l as58ts . Financial os$ets a derecognised onty when Ihe contradual rwjhts to the cash fiows from the a$set expir¢ or are setded, or when the charty transfers Ihe financ1 asset and 5ubstanthl1ty 81 the risk5 and rewards of owiership to anollier enlAy. SO sKJnifK2nt risks and rewards of ownership are retained but control ol Ihe-a55et has tran$ferned to another paty that 15 abltr its sell the assei n its entirety to an unrelaied Ihird party. 8aslc flnanclal Ilabllltles Liabilrties are reco9nised when there is an oblbjation at Ihe bthnce sheet dale as a resutt of a pa51 eveTrt. it is probable Ihat a transfer of econom¢ beneffts ill be requwed in Setttnt. and Ihe anTrt of such setmement can be e5timaled reliabty. .Liabilities ate recognised al Ihe arTr)urtthat the tharitae company anbuwe$ it wll pay to selue the debt or .the arnount * has rec8Ned as advanced paymerts forthe goods or See$ rt may provid8. Provision5 are mèasured al the best estimale of the amunt5 requ¥ed to settle Ihe oblgalion. ere the effe¢t of the tsme value of money is material. the FKovisKJn is based on the Psent valje of those amounts. discounted at the pre-tax discount rate that reflects the vsks speafrc to the lè.1ty. The umvlnding of the discount 1$ rewnised within intewt payable aThJ simiLqr carge Other financial liabillies Derates. in¢lutling opbons. are not basic InSmeN$. Deiivatives are initialty re¢ognised at fair value on the dat? a den"vatNe contracl is entered into and are subsequenty rHasured al Ihetr falr ¥ae. Charwe$ in the fair value of derIle5 are recognised in finance co$ts orfinance income a5 appropriate. D•r¢¢ognilion of finan¢i•l liabllti¢S Financial liablth"e$ are dereryjgnised when Ihe tharrfY$ ¢[tral expire or are di$charged or cancelled. g* 13-
Oorjjwrn Envel ID." eAC24B92.1726404241suD¢A0 STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Aeeountlng poIi¢i•s Icontlnuedl 1.10 Taxatlon Stelios PhikniiwopK FouThJatix is a registered Lary and. as Such. rfs inftme )d 9ains wrthin Se¢tson$ 466 to 493 of the Cofporaith Tax Act 2010 or Section 256 ofthe Taxabon of Chargeable Gain5 Ad 1992 are exemo corporation tax to the exient Ihatthey are appld to its charitabk obiethves. 1.11 Retlrernent benefits - Payrnents to defvd con1Nthji r8tweffnt benefft sthern85 arn d4rged as an 8xpens• 35 Ilw fall due. 1.12 Fof¢lgn •¥¢hang¢ Transactions"in VjrrerieS otlr Ihan pounds sterling are recorded at the rates of exchange prevailing at thè -date$ ¢if"Ihe Iran$a¢lv)ns. At each rewDn9 end late. mnetary assets and liabilits.es that are denominated in foreign cJJrrencie5 are retran51aled at the rate5 prevail¥ig on the reporting end date. Gains and1055e5 ari9 --on translati in.the period are recogntsed in the statement ol finanual a¢lNities incowatirvJ incorTr8 and expenditure a¢¢ounls. cC&1 accounting estimate¥ and ludgement8 In the applicalion of the thaty's accounting polKies. tt tru$iee$ are required lo rnake judgements. estimates an¢ assumpts.ons about the carryir¥J am¢MJnt of assets and Ikqbilibes that are not readity apPanI frorn other -sources."Th e5b"mate$ and as%>Lyale(1455Utrytion$ a based on hist1 expe and ¢lher or thal 'are conshlered to be relevant.Aclual resutts may dtffei from Ihese estii)ates. The.estirnate$ and undetyin9 a55umptrJn5 •re on an on909 basis. Re¥l$ty to a¢coun"ng -.estimales are recognised in Ihe period in lch the estimate is re¥i5ed where Ihe revision affecis onty that period. or M) the period ol the rew5ton and fvIU Pd$ where Ihe revision alfe¢ts bolh curnt and fijlure periods. Donatlort& and kgacles lthrtstricted Unresirf¢tsd fvnd$ fund8 2026 2024 Dona16ons and gifts 12.813.792 15.649,704 Donalions and gins Cash dO#thS O¢nation$ in k 12.813,792 15.849.703 12,813,792 15.849,704 Come fram ¢harfiable •¢tlvie* Unrestrfcted Unrnstrlclod funds funds 2025 2024 ChaiitotrAe rental 4Kome 116,725 79,888 14-
th)w$ban ID".W24892.17Z&4042A21sBpIAo9 STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Income fram In¥estrAents Unrestricted Unre$trt¢led fvnd$ funds 2025 2024 Option prerriums Inte$1 ¢al 577.613 .211 235.130 789,935 1.445.824 1.025.065 Raising funds Unmstri¢i¢d Unreslrf¢ted lunds lunds 2026 2024 Events and awa9 other event MThn9 costs 44,091 34.522 Ch8rttalAe a¢iivili•s Charitabh Charitable Expendlture E¥pendltUfe 2025 2024 Actlvlty costs Slaff c05t5 F(Kxl From The Heart g)sts F¢wd From The H¢art cOnSnts I Professional fee5 Advertising Other cost$ Assotyate members fees 272.613 1.762.779 177.249 3.920 257.609 307.399 109.107 192,375 442.489 164,734 3.970 595.698 259.424 68.288 2,8gKI.676 1,726,978 Grants 9.506.148 7.215.971 Support fX)St$ Governan c05t¥ 082.008 15.1441 431,984 123,382 13,073.688 9.498.315 An4tysi$ by lund Unre51rided funds EndoTnenl fvnds 12.689.993 9.112.767 383.e95 385.548 13.073.688 9.498.315 sst 15-
STELIOS PHILAPMIROPIC FOUNDATK>N NOTES TO THE FINANCIAL STATEMENTS ICONnNUEDI FOR THE YEAR ENDED 30 SEPTEAIBER2025 fvftd 8ankth•r9OS 4.332 3S.9$2 11.220 30.769 61. 411.687 n239 79 7*018 14.957 14.951 iUISI0) <N610) .SY1
31
579.47T 15.915 19.w 11.220 30.759 61,4 195.792 26,119 5,548 2Y8.212 A1441 87& 315.548 2YB.313 ¢S.1441 SlQ0ts4 123,
STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Chaiitablt ¢onwnitments ented into In Ihe year FY 2025 FY 2024 ". Dir•¢l donations made by St•lios Phllanthropk Foundation UK t• oth•r¢haiiti•s Including yearnd cornrnitments Awards BCornW31Awd5 ICYI 5tdiosf0undation.¢¢)rttylrW5I Young ED¢[epneU5 Award¥.IVK).- $telios.fpundab"onlne Dk%aNed EnIrepners Awards IUK)- $telios.ftyJndatiofilne• -young Entrepreneurs Awards IGRI- sle1hf0Undatk)n.grlneaokdhPwsel. Young Entrepreneurs Awards ICYJ- Stehosfrrkn.com.¢Y1nwX 350218 300.000 300.000 259.516 171.925 300.000 200.000 168.719 83.535 Tolal Awards 1209.734 924.179 Scholarnhips London School of Ec0rKXr Schola"rships IUW- Ise.a¢.uk . Bayes Business School- Cty Univer5ty London {UK)- bayes.i?tysigwes.8C.L Air League IUKI- airfeague.¢o.uk-"' BCAColk9e S¢h¢larships {GRI- bca.edu.gr Omega Colkge Athens (GRI- rnankniieacademy.omega.gr London N8UtKal IUKI- Ins.org.uk George Gn$ Schocl IUKI- georgegreens.com Univetsty ofcyprus MBA Pro9ramme (C-..a¢.CY LSE- S¢hc4arships RecxLJrtment IUKI- ke.aouk Corpus Chrisb" College Oxlord (UKI- ccc.ox.ac. Doukas Schc4ar5hip IGRI- dka5."e1u. 255.rA)o 110,000 98,000 50.189 48.650 45,000 255.OOD 130.ODD 60.OOD 59.161 42.515 26.117 38,123 13.026 5,11)D 119,4251 Tota Scholarships 662.956 583.501 01ct donatlons and rnultlwear commllrneThts The Earlhshot PritÈ {UK)- earthshctprtie.rMy Kin9'$ FoundatK>n IUKI- knngs-foundation.org Marine So¢iety- Sea Cadets (UK)- mw. Britssh Red Cross IUKI- redrxoss.org.uk Togetherforchildren (GRI- maz•Jiatopa•Ji.gr Hellenic Red Cr05s IGRI- redcross.gr soal Support Body ICY}- secialsupport.gov Gb55door Homeless Chaitty [v- glassdoor.or9.uk Let)nard cheshi Disabthty Donati)n (Um- leMardc5h1TeThY Elepap (GRI- ekpap.gr Mede¢in tlu Monde Greece (GRI- mdnvjreece.gr The Snwle of a Chihj ICRI- hamogelo.gr Spet$e8 Authorities le Centre Repairs (GRI- spetses.gov.gr Commitiee lor Missing Persons in Cywu5 ICY)- cmpcypws.(Mg Cooperation Ireland IIEI- cwrats"onKeland.LYg Trinty College Library Drin {IEI- 1cd.ie 3.C(Kl.Cl)o 201.200 117.tKIo 1rK).000 66284 2,091 62,081 151.200 45,ODD 100.OOD 42,922 85,844 45,ODD 20,OOD 42,868 43.737 43.737 43.316 43.007 37.828 35.000 34.647 42.922 34.160 g£t 34.385 17_
STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Charliablo ¢ommitin•nts •nt¢•d into in th• y¢atr (Continuodl FY 2025 FY 2024 Cw¢er Researth UK IUK}- CanrreSear£Uk.c9 BrSh Heart Foundabon IUKI- bhf.org.uk London AirAmbLdance IUKI- l0ndor1raMbUraCe.Org. Seafarers Charty IUKI-IheSeafarer5¢hafty.y Medecins san5 FrOntre5 IUKI- rrtsf.0¢9.uk The Greek Cypriot Brotherho¢d IUK)- g¢tyglhwh(#)d.co.uk Sailing lor Vi¢tory I¢YI- pa0sontides.cl UNDP Cyprus ICY)- undp.orglcyprus Make a 5h Foundation (GRI- makeawish.9flen Red Cross Nico$4 ICY)- rel¢ross.fxg.¢y Red Cross Li7)assol ICY)- re¢fcross.or9.1 Pedotslas Community Cound ICYI- pedouks.org.cy The HelnIC Inrtk?ti¥e IUKIUSI_-_thehdlenwrfiabve.org Migration Museum IUKI- migratiofimuseum.org Friends Organi$atK)n ofAyia$ Skepk8 IGR)- agia$kepi.¢¢m Lania Village ICY)". wsrtcyprus.conVdsco¥er-cyprU8lruraV¥aages-nDVlar CyprusAn1canCef Society IcYI- anticaKersothty.org.cy Cbjb Boubouth"na IGRI- 5pelsesfeserve.yrleommuntynnecli0nY Royal Museum$ Greenwth IUKI- m.cO.uk The UN Refvgee Ageri¢y UK for UNHCR (UK) * wefvgees.wJ.uk GaL Onmond Street HCC IUKI- gosh.org Na"onal CoaslCh IUKI- nci.org. cranfield UnNersty IUK)- uanfiuld.ac.uk Spetses ter Taxi (GRI- spetsesreserve.gflw4axi-boai-uuisesl Boat Buading Acadeftw (UM- boatbuildingacademy.(x)m UNHCR for Gece (GRI- uefUgees.¢jfg.Uk SOS Chldren's Vllages Gre9 IGR)- SOS-11?985.gf Sis Tech (GRI- s5.tech xion Hellas IGRI- axw)nhelas.9r Pieia House IIEI"_ pth.ie Insh Red Cross IIEI-' red¢ross. Cypru$AsstscitslK)n of Kidrw Pats"ents Friends (C- facÈbook.comltyprusassouatp)nthidneypabentsandfn"ends Laura Lynn CSH TnJst IIE}- lauratynn.ie Theotokos FoundatTr ICYI-.theolok05fvundatim.org Centre lor Pre¥entaliv• Pediiatics ICY)- wp.¢y9.Cy MuThKipality of the Greek of Spetses IGR}- spet58s.gov.gr Bloombury Football IUK)- bk)¢MourylO0Ib8ll.c4rn Now Tea¢h IUKI- novAea¢h.org. Aerobibly IUK)-aeroblty.o)m Mind lU- mind.ory.uk Saitors Chfidn.or9 IUW- wlorsthMren.ory.uk Shelter From The St¢ym IUK)- sfts.org.uk Prosl8te Canf*r UK IUKI- prostatecancewk.org D$ Trust IUKI- dOgstrt.¢g.tsk Magit Breakfast IUKI- m4icbreakfasl.com Sl¥ 8rits$h ExF4oring.or9 IUK)-bn"tishexFknng.org 30.OOD 30,OOD 30.000 30.OIXI 30.000 30.000 26.844 25.90D 25.747 25.000 25,000 25.000 44.504 25.000 25.000 25,000 25,000 24.931 20.000 20.000 20,000 20,000 20.000 19.721 18.450 17,500 17,455 17.455 17.447 17.301 17.301 16,798 30,CX)O 30,000 30,000 30,000 30,(1)O 12.299 34.284 25.897 25,709 25,299 25,0 25.ODD 17.163 25.543 21,461 42,922 17.192 17.192 17.265 12.976 12,500 12.500 10.742 lo.0 lo.0 10.000 iO.(K)O 10.000 10.1100 10.000 10.OLX) lo.0) 10.OCM) 12,765 25,744 34.(M]O 10,OJO 10.(MJO 18-
DotsJ5bn en¥drye10". 6AC24892.172W42AX24ISBD& STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIIDED 30 SEPTEMBER 2025 Charltable commltm•nts •nt•r•d Into In the yea Icontlnuedl FY 2025 FY 2024 Food and Communty (UKI-fcthJ$ oming Star Trust IUK)- msl.org.uk Kensngton & Chelsea FoundaloTh (UKI- thekandcfowTrdab.oC0m Disaed SaikNs FtyJTrdaixsn IUK)- disabkd5ailing.org Moorfjelds Eye Charfy IUIQ- mo0ffiehtseyecharity.g. Saik)rs Soc4ety IUK)- sa01(%efy.o The Human Edge Gro IVK)- hvmanedge.Ofg.uk Scrum Theat IUKI- scnJrnlheatre.co.uk Teach Firsi {UKI-.teachfit.0ry.Uk Litue Village IUKI" ITilJevilla9ehq.org Homeless Link IUK)- homeless.org.uk Atlantic Youlh Twst IlEI- allanlicyouthirusLofg Irish Heart Foundati IIEI- irishhewLie Irish Cancer So¢th {IE)- cwKer.be Waler Safety Ireland"IIEI-watersalefy.i Kemal Saracoglu Foundalion For Chldren ICY)- kemalsaracoilu. GreekAsSOCtatit)n for Modem Pertstljkn {GRI- eorTh)p.9r CYMEPAICY)- cyrnepa.ory.cy . Assoriation ForThe beThj Of PeoF4e Wth Mental ICYI $eana.OFg. Cancer Patientsd"Ass0o#tofft ICY)- thyd.org SOS Children's Vth9e$ Cyprus ICYI- soscocukkoyu.org The Society for the Protecth)n of and Nature ICYI- Kuskor.org Arrinon¢ IGRI- arrdrnoni.gr Northem Cypws Turue ProteciK)n Associa)n {CY)- cywu51urfkn.tyg Seamens Church InstiDJ forJim Lawranr lUSI- $eameThschurCh.orglts-all-abwt4he-peopk4"irTrKrenfflbered1 Fn8nds of Greece (GRI- beStddleseeCe.lel Fiimley Heamh IUKI--fnft.nhs. Durnlrie5 House Tru IUKI- ng5-fod•1Ityi.oI9 Tall Ships Youlh Tw5t IUK)- laltsh)$.or9 Cyprus EconomK So(iety IC. ¢ywuseccfflomicsty.<rfg Spetse$ Care forknimats IGRI- scfa.gr Westgate Foundation IIEI- westgatefour*Jal¥Jwkie St James Hospiial Foundation IIEI- Sliames. Ronafd mcDon$ House Charty IIE) 1th¢. Chil¢Jren's Leukaemia A$siatiOn IIEI- da. Diabete$ Ireland IIE)- diabetes.ie FoaJ$ Ireland IIEI- focugreland.ie Enable Ireland IIEI- eMae118nd. Cliona's FJndathJn IIEI- 41¢yS Ih Cr055 IIEI- b¢croSS. ckjow HoSpt Irelarhj OEI-Oth.ithk Jigsaw.ie IIEI- jigsaw.ie Asilo Aniaion in mernory ol M5 Samara IGRI-asylonaniaton. gÉ+ ANERA IIEI aneta.org 10,000 10,000 10,OCKJ 10.0(hJ 10.000 10.orx) 10,¢X)O 10,¢XIO 10.IYJO lo.0 10,000 8,728 8.651 8.651 8.651 8.366 8.7 8.596 8.S96 8,540 8,333 8,333 4.069 8.333 B.333 8,333 7.851 7.816 7.492 6,107 6.000 12,823 12.000 5.CK)O 4,778 4.788 4.364 4.364 4.298 4.364 4.331 4,331 4,331 4,331 4.325 4.318 4.246 4.298 4.298 4.298 4,298 4,298 79-
DouJ5b3n Er¢dcye ID.. 6AC22.17o42thX2.FlSe04AOgCfj STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 'Charitable commotments" entered In the year {Conts"nu•dl FY 2025 FY 2024 .Conservatton colleth.ve CypDJs Envw¢)nment ICYI- cypru5eNronmenLorg For the Love of Chibjren Funraising ICY)- faiSIng.019.cY Lilde Heroes ICYI- rn¢kr¢iiroe5.com.cy suprM)rtAs$otsa$Th lorADHD Peopk ICY)- add-adhd.org.cy Europa Nostra ICYI.--europanostra.or9 Pan05 Evripidou Foundabon ICYI- panosfrwjndatw.org Cypnjs ANtCancel Sti¢iety IC.Yl- antKmr50¢iety.ty9.¢y Advenlures offsho"{UK)- offshore.org.uk Aoibheanns Pink.T(é IIEI- abheannsPlThktie.- Bbod Bike Lein5tèrllEI- bknodbes.i? Communty Synergies Spetson (GRI- spetses.go¥. Sl John Ihe Bapli$l Church IUKI- bamelpwishchurch.org.uk Haringey Shed IUKI haringey5hed.org ' TheAnnual National Setyi¢e for Seats IUKI-thesealwerstharity.Ory zheimer ftelf IUK)- ftmtsculardystrophyuk.org RNT Sport5 Glving IUKI- sportsgiwng.co.uk The Xenophon Protopapas FouDdatb?n IUK)- thexenoph¢)nprolopapa$fournlotion.com Friend of Chichester iri Mernory ol Brian Cordery IUK)- friendsofchichesterhosmals.org.uk Dancesyndrome in.fv4érTh)ry of Mrs Pion IUKI- dwwdrC.t0.u Sickje Cell IUKI- stCkJecellsoty.o The King's Trust IUKI- kingstrusl.org.uk Fondation PManthropN4ue Sleh"05 (MC)- stdios.o UNICEF IUKI- unlf.0g.Uk_ Medecins sans Frontiere Gece (GRI_ msf.gr SpetsesAuthorilY&s ÉV sla and Fire TnKks (GRI- spetses.gD¥. The Hellen Inrfiatwe (GRI- thebe1ennTIk?tlve.IXY Indepentleni Sock31 {c- socialsupport.gov.cy The Mission to Seafalers IUKI- mtssionto$ealarers.org The Hellenic FoUndatn (GRI- heHenthuThla1.Org Spinal Mu5CularAtroFY IUK)- smauk.Ng.uk Foundab'on Vasli Papantoniou IGRI- bpf.grl Breathe Hellas (GRI btheh¢I18s.rn UNICEF for Gaza IUKI. unKef.org.uk1¢Jixte/ChIIorengazls-8pPe8v heelS Foundatvjn IUM- WeheetslUndat.g Naftemporiki boc4 (GRI- naftenw¥hi.9r 80ry51henes NGO {GRI- bory51heThes.gr HALSE IGRI- IseahJmrri.grl?page K1=586&1ang-tn KEMEL cent IDrVolunteer Mana9W5 lor Gfeece {GR}- kwiw.gr Foundation of Research and History IGRI- t.gr Open Minds Foundats"on IGRI- openMJndsfoundalw. Medical Pre¥ention NGO (GRI- wdepsis.grlen St WIfrNI'5 HospKe in mery of Jess Frfs Mother IUK)- 5hbth.¢o. Andrew Sirnpson saASsOcia0n IUK)- areW51fOU4tsw.g sÉt Fwd for Nature (CHI- w*A.chlen 4,167 4,167 4.167 4.167 4,167 4,167 4.130 3.000 2,618 2.599 2.581 2,500 2,500 2.000 2.000 2,000 1.000 4,298 4,298 4.291 25.709 2.000 2,562 2,579 2.000 l.(KlO i.ooo 1,1)OCl.O$ 655.092 640.OC¥) 464,758 104.820 50.862 42.849 31.600 25,758 21.638 21.088 20.OCO 17.OLKI 12,930 12.894 12.841 12.658 12.656 12.622 12.622 10.OCKI 10.0 8.637
STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Charitable cornmilrnents entered Into In th• year {Continu•dl FY 2026 FY 2024 Elpra Charity Concert {CY)- Jxy.org Arcluros (GRI- arduros.gr Anima ca IGRI- anirnacart.gr Friends ofSI. BartholomeW$Angliran Cmrch (USI- $tbarthohrnewsangliranchurc.comh¥ekomenhe4riends Friend5 ofAboyne Hospit in Memory ¢Jf Nancy Fergu50n ILl- facebook.comwfhe-Fiiends-OkAboyntrHo$prta1c)C591s0e6gl7 Agia Triada Church Gree¢e IGRI- spetsesreseNe.gflchurcthes Spelses Church IGRI- spetses.gov.grl Paws wlh Love for Chandri'5 Christenings (GRI- Paw>.81 Donation$ unoer GBP.1.500 Organisation of Chddren in Mernory ofG Hadzar8s {GRI- filoipaid¢JFdis.blogspot.cc 8.628 8.584 8,391 8,141 4.351 4.199 3.374 2.000 1.712 Tot t1ire¢t ¢J6nation$ and mwar coMtnIS 5.270.791 4,724,035 Donatlon6 for use of 34 Thurfo¢ Squ•rn for¢hl1¢•b1¢ e¥•nts Gtss5door IUKI-.gL8"ssdoor.rKg. r League IUKI.. airleague.co.uk Adventu$ Offshorè IUKI- offShore..k Spinal Mus¢ularAtrophy IUKI- SMauk.9.I Homeless Link IUK)- homeless.org.uk Kensington and Chelsea Foundation- thekandckndalion.com Trussell Tnjsi Iuw-.trus5ell.org.uk King's Twsi IUKI- ngStrU$L0f9.uk Aerot41ty IUK)- aeroblAy.CA)m Nalional coasatch IUKI- na.org.uk 10.000 10.000 10.000 10.000 10,000 10.000 10.000 10.000 10,000 10,000 Total donatK)n$ for use 0134 ThwS)e Square 11)O.lJOO Donatlons for use of Sl•lios Foundallon ¢onf•r•nce hall In Plaka. Athens. for ¢h•rlt•ble events Helenic Cypriot CutturalAssouation IGRI-cultwakassociatson.org Prolepsis (GRI- prolepsis.grlen Openous (GRI- ¢)ers.0renfftoMe lefos NaosA9ias (GRI- ayrdlrwJapeira•)s.t409Wt.com l-PaJi (GRI- iaidi.gr Bayes Business Sthool IUKI- bayes.¢rty$tgeorges.ac.uk SOS Children's Ifillages Ge (GRI- sos-wlage&9r Hellenic Heart FoundalK)n IGRI-elikar.gr Hetrnepa IGRI- he1Wp3.gr AonI IGRI- aMI)nI.gr EUrOpeanAryl0lence {GRI- antiv)kncfrneLeu sit Eik0$ Logariasm05 (GRI- e*e.uoa.gr 13,082 13,082 13.082 13.082 13.082 13.000 12.864 12,831 12,801 12,801 12,631 12,626 12.622 13.000 12.949 21-
Docusb3n En¥•lcpe ID.. 6AC24892.172&4O2I5B[W STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Charltable comrnltrn8nts •nt¢red Into Sn the year Iconthnugdl FY 2025 FY 2024 Medeun$ sans Frontieres (GRI- msf.ortygreece Anats"psiakiAthina5 IGRI- develop.ihisisalhen5.org EcolcgKal Elafonisos (GRI- dafoni505eto.¢)rg Hub Labs MKO IGR)- athefi$.impa¢vb.n Sonora MUS Therapy Organi5ation (GRI- sonoramusthrapy.o Ayion Helas (GRI- Bxionhella5.gr Ellniki Etaiiia Gia Ti IGRI-eliei.grle ". Delense for Children IntemationaE (GRI- ¢JefWKeftyft.ortydljreece Body ofGreek Institute IGRI- thehelenicinthafve.org Sis Tech IGRI- si5.teth Medeons du Monde (GRI- mdmgre8ce.gf AIESEC Hella$ (GRI- esec.gr IKY ScholarsAssociatin IGRI- itysrjlars.gr Brsh Councl (GRI- brilj'shcwnol. Oeb8tE House IGRI-'debatehou5e.gr The Smile ollhe Child (GRI- hamogekn.gr Syn PISIAe (GRI- sYmpk..0rg Special Olympics Internation IGRI- SCHr>s.Qr9 Social Impad and lntiovab.on (GRI- swalinrx)V.yT The lting'$ TnJ$t Intemational IGR}- kingstsu$knternational.org Ornega Training Cenlre IGRI.'iiIaritiffacade.QnWa. TEOXAthen$ IGRI- tedxaihens.com "12,612 12.612 12.589 12,587 12,578 12,548 12.513 12,503 12,501 12,501 12.501 12.500 12.500 12.500 12.500 12.482 12,466 12.466 12.466 12,632 13,000 12,670 12.S58 Tota donab.ons for use of Plaka 392,889 89,531 Dlrect donation5 made via the affiliatod'Fondation PhilanthropKiue Stelios. r¢gl$t¢red In Monaco d ¥MbJlrfe Foundsn- 25 Ocl 2024 (CHI-V1¥.¢x9 Fondation Prin¢eAlbert11 de Manaco- 25 Od 2024 IMCI- fpa2.or9 Worfd Imldlrfe Found8t)n- 17 Sep 2025 (CHI- vIlldfe.0rg Fondation PrinceAJbert11 de Mana- 17 Sep 2025 IMCI- fpa2.org Make a Wsh IUSI- worknw5h.org Fondation du Palriiyxiine (FRI- 1DrthtsOrIw[.0[y Le5 Re5tos du Coeur (FRI- reslosducoeur.org MC & Frenth Reviera YwThJ EnlrepreneufAvrdrds IMCIFR)- stelios.mcJ$tekns-aw8rd8-irm08¢fyand4hrl¥ra The HellenK InthatNe (GRI- thehellentrinitiatNe.org FFTH- Les Restaux du Coeur paJ lo Bondudle (FRI- restosthcowr.or9 FEMUR Sl Barth IFR}- sbhonline.cornlsl-bart5-guKl•lf•TWr-5trbartS-foti0n SNSM Station de Hyeres (FRI- snsm.OTg Chancelerie de la Legion d'Honnew (FRI- legiondl¥Mnew.fr Commufiautee Hemenique de Monxo IMCI- Atr League Monaco IMCI- wrfeague.m¢ FJhtAids Mon0 IMCI- fightaKlsmona¢o.org IF Gustavts Yacht Club IFR}- 9U$tawayatMclub.org 259.955 259.955 246.958 246,958 173.304 86.652 75.820 80.656 85.273 42.637 45.059 43,391 43,326 43.326 43.328 41.107 33.614 25.996 19.728 80,157 42.637 17.907 49.128 25.582 15.733 -22-
l)ooJ5kn7 En%hiF4 ID.. 6AC24B92.17264042th3c2l5)¢&O9B STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL sTATEMEPs (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Charitsbh commtknents •ntefed Into In Ihe year Icontlnuedl FY 2025 FY 2024 A550¢iation Le5 Anges Gardrts de Nice (FRI. le5angeS9ardnsne.corn Monaco Disease Power IMCI- monacodiseaserther.¢c¥m Amicale de fE¢ole Pftmal de St Banh IFRI- facebook.cortV5hare118bY7zPT4Llknibextid-IK¥XIfv Asso¢iatsn Cullurelle Orthodoxe Grecque NKe (FRI- hellenice.frlpa9e13026527-presentalion St Barth Festival de Musique (FRI- soin1barthThkslIval.ojrn St Barth Yacht Club IFRI- slbarthyachldub.com St Maarten Yatht Club INLI- $ntyocom Children arn1 Future NFL 2024"IMC}- nffl.chr8nandII.c0rffjThsh SNSM Station de Sl Bath (FRI- 5n5m.9 Fondtybon Plincesse Charfene IMC)- fDndaknwcÈsst¢harterte.rnc Associalion Mona¢L> Vol a Vole jMCI- asSociatKjn0DegaSqde-¥OkWorfe.rn OUard 8wnd Mor0 IMCI- offlwardboundmnaco.irrfo Le$Arni$ du Liban Monaco IMCI- amisdul)annwa¢o.ory Mission Entsnce IMCI- rnsslonenf.Org APEM Franco¢s d'Assise Nicola5 8affe IMCI- fanbJrKleco Ecole Francoi5 d Assise N4¢01a$ Barre IMCI- lanb.rnrJe¢ole Societe PrOledri des Animaux IMCI- spaThJn8to.ft Fondation Prfncesse Chartene (Rugby Impys) (MCI- - fondaOnpftrKe$se¢harfene.e3c0lIek$-MPnI4eThlrnte5 Association AmykJsÈ Ma18 IFR)- 8mykJseAsso.fr A5sockqlion Monegasque de5 HandKapes Moteurs IMCI- arthm98.com Asso¢otion MMG T8th0 2024 IMCI_ --fa¢ebook.COrTeQpIeIMmQnaCtrmaIofheGérn¢I1qUeSI10c1)9o7237I Action Innwnce Monaw IMCI- acboninrwnc. AmKale des S8peurspomw8r5 de Sl 8arth (FRI- facebook.cornlsharelg11cw270kjMWrnitexiJdiwXIfr Assoc?110n H#ndi relai de St Barth (FRI- fatebook.coml$hare11 FpOKRwFsof)mibexltswATXItr Fondation PrfnceAbert11 in Me)ry IMCI-fpa2.0ry Kate Pvers Foundatin IMCI_ katepowersftyJndab"on.com Fondation Princesse Grate IMCI- fondatW-P5se-gra¢e.n Centre Hospita[ Princesse Gra (MCI- thp9.n The Duke of Edinbur9h Awards IGBI- th)le.or9 St Barth A4Ilhori"es IFRI- comsibarth.trlseNices-en4tyJne A5souation da I'Eghse Angbtane St Paul de Monaco IMCI- stpau&monaco.com Yatht Club of Greece- Spet5e5 IGRI- ycg.gr Etoiie de Monaco IMCI- etoiledemonaco.ccrfn Federotion Monegasque de Rugby (MCI- monac4>rugty.o Donaknns underGBP 1.0 17.330 17.330 12,998 17,055 8.527 8,527 12.998 12,998 12.738 10.459 10.398 8.665 8.665 8,665 10.971 10,233 17,055 8,527 8,527 8.665 8.665 8.665 8.665 7.528 6.499 8.527 10.233 7.248 5,199 4.333 4.333 4.&33 4,264 4,333 4,333 4.333 4.333 4.333 3.203 127.910 87.831 85,273 21,318 10,574 6,822 5.116 2.559 i Tolal donatws rnade Via Fond1 Philthropb4ue Stelos 1.974,128 826,151 gÉt
En¥YknF10". &4C24892.I72o4IJ¢2-FI5BOl)9 STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 h•riiobl¢ ¢ommknionts ¢ntr¢d into in the y¢•r (ContU•d> Tolal donation$ to in$littthns Grants to indNKluals . Grants to IndNiduals'lMCI Discounling of niu1year comrrknts (see note 231 9.610.498 48.317 4,333 {157.0001 7.147.397 60,048 8,527 Toial dMations 9..148 7.215.971 .GR- Greece. MC-.Moriaco. CY- CyFrfUS. UK- United FR- France, CH- &MtzeTland, US. imited Stales ofAmerica, IE- RepubfK of Iland 10 Nol movément In funds 2025 2024 Net rnOV8rrnnt in fwmls is stated after Cha•{¢re¥¥4I Audrtoffs remUneraln Depreuation of owned langslle ffixed assets LossllGa*) ¢)n breign ex¢thw9e 14,957 579.468 183.6101 10,570 411.688 30.789 11 Trustees Durin9 the year. no trustees received any beneffts in kind I2tr24.. £. The ¢harity p•d for travellfftg expenses linked to evenl$ of Ihe knjndation and board megts.ngs tsy$tgos lo a total of £7.38912024.. £19.3031. .Three ble¢S.(2024.. The1. D Mana55e, N MoLukogiannis. arnl I Panov 1ve0 muneI of É2.(XJO ..12024.. Q.COJI per rrnnlh each In thelr roles as trustees. as Ferrnitted by the provisions in the 9ov8rng . d(>curn•nt of the tharitsbk rnpany. The rnnJn8ralion for September 2025 was wpaid at peiiod end wtl as been recognised wthin acwabs. 12 Employee¥ The average monlhty numberof enwloyees durin9 Ihe yearwas.. 2025 2024 Number Nurnber Dislribution Administrab¢)n Tot gÉt -24_
Do$13n ID.. 6AC24B9Z.17284042-A3C2.F158DIN09Bt STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 12 Employees (Continued) Employm•nt¢osts 202S 2024 Wage5 and salarie5 Soual security costs Other pensw $13 231.313 39.041 2,259 161.934 29,120 1,321 272,613 192.375 -.The nuthr aferrployees annual was hr Ihan £60,IJXI 1$ a$.foll.. 2025 Number 2024 Number £60,000- £70.CK¥) 13 Galn$ ond I¢¢8 on Investmeiits Unrestri¢ted Unrestrlcttd funds fund$ 2025 2024 GainslOoss•s} aiising tyl". Sak of veStMènts ..At period end. In accordance with the PrS of the charitabbe c¢)mpany granted tsnder the of AssoCiatn, adcpted 10 April 2024. Ihe entty has pled9ed suwus cash of arca £17m as a securty fty the sale of put options on exchange traded funds IISF.LNI wknich tracks the FTSE 100 index consi¢Jeration for ¢a5h prerniutns. These derivab¥e financiol in5trurnents fall nder the Scope of FRS102".12 and wll inlb"8lly be "recognised at cost, which is invarhly nil, and subsequenty al fair value through profft or b5s. As at period- "end. the wt optsins"sold, bul not MatUd. are out4oFthe-ftW)ney and a rteemÈd 10 have zero cost and zero .fsir vahje. th any value being immaterial. This assessmert of fair value ha5 been rnade using quoted prKes avadable at the London Slock Ex¢hange. In"th8 event of Ihe share options being exercised. Ihe charity wthjld Utile its pledged eash deposits to purthase the equnlartt value of the exchange traded funds at the strike prKe. The ents.ty wwld then hold the Shares and CO1Ct &Mdend5 unbl Ihe value creaSe5. Once the ptice has suffiuenty irTheased, the entity would sell call options to gAfe a counlerpaty the rigm to buy svch shaw at a pnce which Wou represent a reali5ed capital gain of the dwiity. Put options reprEsenting Cash pfedged of £13.6ffl were exerthsed during the period. Call opb"on$. en81Th9 Ihe charity io seu Ihe exchange traded funds at t14.1m. were subsequenity •xercised during Ihe peii)d. resU1ng in a reamd ¢)n investrn1 of (Irca £O.Sm. Th• entity holds Th) exchan9e traded fvnds at perknd end. The tharrtfs investment stralegy 1$ ended to generaie a retwn COMry interest generated on cash deposits hela vrilh banks. irtluding cash F4edged as se(yJrity. premium5 eamed Irom the Se of Opbons, Nidend income from excarye traded fvnd$ held, and iealised capst81 gains deriwn9 from Ihe exercise of coll optron$. s*
Don En¥ ID." 6AC24892.17trIO42<lS8D4A STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 14 Tax•tlo The tharty 15 exernpt frtyn lax on Income and gain$ falling within sectKJn 505 of the Taxe$ Act 1988 or sedon . 252 of Ihe Taxalh?n of Chargeable GainsAcl 1992 to Ihe extent that Ihese are apie to its chaTilatAe objects. 15 Tanglble fixed as$tts FrnhoW bhd PMp•rty pknnI FIRl¥rnS •Thd T4)ts1 •4vlpmenl Co$t At l Otaober 2024 Addibons- ' 16.$68,233 2.187.715 285.985 413.165 82.480 89,188 19.340.781 5.896 291,881 At 30 Septembef 2025 16.568.233 2.473.7 413.165 82.480 95.084 19,632.662 D¢preciation and Impalnnent At 1 Oclober 2024 Depreaation charged in the year 694.238 791,798 82.480 85.457 1.653.973 128.542 309,482 137.722 3,723 579.469 At 30 Septembw 2025" 822.780 1.101.280 137.722 82.480 89.180 2.233.442 Carylng amount At 30 Seplernber 2025 ..15,745,453 1.372.420 275.443 5.904 17,399,220 At 30 September2024 15,873,998 1,395.916 413.165 3,731 17.686.8 1$ D•btors 2025 2024 Amounts i•lllng due withln one year. ppayrneDts aTrd attjued iA¢Ori 5.774 3.249 17 Cr•dltors: arnounts flllng due TAlthSn one yr 2025 2024 otherlaxan and security Grants payab Trade creditors Olher uedlto cnjals and dfrloryed incl 43,539 1,096,414 208,085 23.893 72.500 30,1B4 378,998 76.246 32,890 21KI.850 1,444,431 716.968
DwA4bJn £nlope ID." 6AC24802.17264042-Af21¥8DLB STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEIA8ER 2025 18 Credttors.. amounts faNlng due aft¢r mort than one year 2025 2024 Grants payable. 1.593,OTrJ so0.0 19 Rellremenl benefit Schemes 2025 2024 D•fin•d ¢4)n¢ribulion Kh•m•s Charye to profrt or bjss n re5ped ofdeffined corthbu¢w s(emes 2,259 1,321 .The chanty.operales a defined conlribution pens scheme for al quahfying empWee$. The assets of the scheffle a hdd separatety Imm those ofthe chaiity in an Indeperthnuy administered fvnd. 20 Endo¥rnent funds Endowmenlfunds present assets which must be hebJ permanenty by the thariiy. Income arrsing on the endowrnenl fvfid5 can be used in accordan with the objecls of the charity and 15 induded a5 unrestricted income. caPrt gains or losses on the assets fomi part olthe fund. 2025 Permanent endo¥rtnents 34 Thurkn"e Square IUIQ 5 Mathou OTrkou ICY) 5 Aopekis (GRI . COnfence Hall Pkqka IGR) 9,293.958 1.¢)84.081 2.131.672 2,946.453 {113.347) {23.3831 1120.5551 1128.2631 9,180,611 1.tW.698 2.011.117 2.818.190 {i(n.8891 9,079.722 123.3831 1.037.315 {120.5551 1.890.562 {13B.8681 2,679,322 15,456.164 13B5.5481 15,070,616 1383,6951 14,686,921 On 26 Juty 2019. Ihe charitat adopied wised Aitths ofA$sl $b"pu"Th9 ¢erfain propertp$ should be relained in perpeiuty by Ihe dwrity. At each year end, a transfer is rnade be unrestri¢¢ed lunds and endowments funds repre58nliThJ additTr$ of. and depreciauon char9ed on. rèstricted fued assets during the year. SQ¥ -27-
ID.. 2492.17264O¢2-AX?1S8Dw$ STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 21 unrestclod funds The unrestrt¢ted lund$ of the charity comprf$e the unexpenlled balances of irwming resowces are [1 subject lo specti Cond¢tnS by donors as to they may be used. At 1 O¢tob¢r kn¢ornlng ft•sour¢•s G•lrffj arrfl At30 2024 resourc•8 expended 1098•s S•ptsmber 2025 General ffimds 24.124.603 14.376.341 112,734.0841 Sc6.2 26,273.IXO Pvevlous year. At 1 Octob•r Incomlng 2023 ¥9Yr¢¢$ Resources expenthd Ga5 and k)s$¢s A130 S?pt¢mber 2024 General fvnds 16.317,235 16.954.657 19.147,2891 24,124,603 22 Analys1$ of n¢tas$ets b¢¢w¢¢n funds Vnrnsthcted EndoMnent lund$ lunds 2025 2025 Totsl Vnyestrlc Endg*vnent fund$ fund$ 2024 2024 Tolal 2025 2024 Fund balances al 30 September2025 are represented by.. Tangible 85sets- 2-.712.299 14.686.921 17.399.220 2.616.192 15.070.616 17.686,808 ..C-urrènt asset18bth$I-_Qs.1S3.76I 25.153.761 22.IW.411 22.008.411 Long tern) la""e$ I1,593,0) 11.593.000) (5trJ.CWI 1500,00(11 26.273.060 14.686.921 40,959,981 24.124,603 15.070.616 39.195.219 gÉ¥
STELIOS PHILANTHROPIC FOUNOATION NOTES TOTHE FINANCIAL STATEMEpifs ICOlfflNUEDI FOR TIIE YEARENDEDJO SEPTE118ER2Q25 A•4tJO. A•t30 S¢W orchwbty TEar£ThE11 PthiHRH Pthc• ThE'sT¥t 3X4XIX (7>).)1 129).rmi I138.) pi.Noi 2,114.3 478.660 27.JS3 24.437 21.503 13.051 IOA 145.1781 1.gM) s,) 01Ths SpotsoD HOSP Unwertty OfCytyu$ KB4S(th 43.tyJ7 26,1IT 10,WJ 12.471 71 ¢60.5711 110,rmi ioj B76.7 J.INM57 11210.4101 {157.fm) 2.889.414 I.IIB6.414 1.593.K J•aft9ronBar(rth fal Z.6B.414 Gran15xwi( iz wE5¢nts91th
STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 24 Operat5 lffas ¢ommiknents 0p8rab.ny k35e commilmwts represenl the lease of Cine Paris. an opeaIr aneThH bxated on the moftop of the chanty'$ Plaka conferencè hall. to thwd parf$. The lease is for a terrn of 9 years from 1 January 2024 and rEntals teNable art adjusted eath calendar yeai at a rnte of 3%. calojlated on the rent of the p¥u$ rental year. ".At tho rep9 •nd dale th? tharity had contrxled v•lh tenants tr receipt of the folkTr9 rninirrnjm kase payments.. 2025 2024 Ihin one year Beh¥een hvo and five ye¥$ In over five year$ 114.930 495.250 305.028 1C.703 459.799 415.388 915,208 981.890 25 Related party transactions Tn¢tIOnS with relatrd P•¢5 DoTrati¢)ns Yecel¥ed 2025 Donatsons p•id 2025 2024 2024 easyGroup {common Ilffluet) FondatloTh PhInthrOx9Ue Stebos- Monac Icornrnon inffuencel Sir Ster$ Haji-loann¢u 12.7CrfJ,IXKI 15,818,420 1,978,461 1,489.770 12,7LKI.IYJO 15,818,421 1.978.461 1,489,770 . As disclosed in Nole 11. I re(iveil reMer01)n in their role as bNstee$ during lh8 p8riod tolallin9 £60,931 12024.. £62,552) and tnJ5tees were rwrrthr5fjd fDr lJa¥eling 8xpense5 01 £7,389 12024." £19.3031- Seven 8SSOU8te members. AM8rsP. L Gabtrine. M Tefemth. H NlcJdemwn. P Hassap6s. K Grygs, and M Mi55irfis, retewed total fees of £109.107 12024." £103.2611 durin9 the period with respect to consuhancy seNces prowded to the loundots¢n. The fee anwunts lor Septembei 2025 wwe wpaKI at period end and have been retognised thin acuual Additionauy. one associate member, T Ghori, received Tennets and other beneffts und8r a contract of ftJlPb"me emOyMent of£72.93512024.. £75.999}. The Charity pakl lor travel expenses Inked lo evenls of the frJundalifyi and both etingS for assodale mernbeis to a totzl 01 £5,69212024.. £5,(th1.
STELIOS PHILANTHROPIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Controlllng party The uMate ¢ontsoUirwJ party is Ihe Iw$tees. 27 Cash genernted from operniions . 2025 2024 SUs for the year 1.764,782 7,421,820 Adwstments tr. Inve$lment income reCOgrsed in.slateftnt of ffinan(aal thibes ForevJn exchange dnlerences Donations ITh kind Gain on tjisposal of.inve$b7nts DepC.0n.n"d irripaimnt oflw9it fixed as3 (1.445,8241 11,025,065) 83,610 130,7891 506.2CQI 579,477 41t,667 Mo¥ements ift Work1r Capit.. Iln¢reasellde¢rease in debtor$ In¢rea8e in fxeditors 12.5341 1.820.463 5.562 533,345 Cash gen•rat•il"from OP8in1ioi': 2.293,754 7.316.539 28 Anatysl8 ol changes In net debt The ¢anty had no debt dwiThJ the year. gÉt -31-