UND
(A company Ilmited by guarantee)

Al
Reference and Admlnistratlve Detalls
Report of the Trustees
2to3
Trustee5' Respon51bllY(le5 In relafjon to the Flnanclal Ststements 4
Inde￿tht Examlner's Rewt
ststement of Flnanclal AthvlUe5
Balantt Sheet
Statement of Cash Hows
Notes to the Flnanclal Statements
9t013

ND
Iv
T Ward
C 8anham
LQ Banham
MJ Hallatt
P Rodda
SL L￿S
J Banham
S Barry
G Brarnwell
M Herbert
WF Banham
20 Thomsett Road
London SW18 4EF
07325044
1141423
Russell Joseph ACA
Bourner Bunock
Chartered Accountsnts
Soverelgn Hou
212-224 Shaftesbury Avenue
London WC2H 8HQ

REN
The trustees whD are dlrettors for the purposes of company lawl present the annual rep￿t together wf(h the
finanthal statements of the charitdble company for the year ended 31 December 2020.
The accounts have been prepared in aCC￿danCe wlth the aCcoun￿ng polldes set out In note I to the
accounts and corn￿ with the C.hèrity's deed, the Charities Art 2011 and 'Accountlng and Reporting by
Charities.. Slaternent of Recommended Pracllce applKable to charkles prepa￿ng thdr accounts In accordance
with the Finandal Reportlng Standar(J appllcable Sn tlie UK and Republt of Ireland (FRS 102) (effective I
Janvary 20151"
Mr T Ward
Ms C Banharn
Mfs L Q Banham
Ms M J Hallatt
Mrs P Rodda
Mrs S L Lewls
Ms J Banham
Mr s aarry
Ms G Bramwell
Ms M Herbert
Mr WF 8anham
Structure* qov•rnanc¢ affid management
Nafvre ofgmnhg L*JcunK¥Jt
The charItab￿ cornpany Is constituted under Its Mernorandum ol Assoclatton dated 23 Juty 2010.
The rxjwer to app)lrt new trvstees rests wrth the exlsbng trustees ol the charty.
Induc*on Jndtrèin*79 oftru5tees
On appointsnen¢ the de￿$￿￿ mak'ng process of the charlty is explalned to new trustees by one of the
exi5tlng Trustees a150 provide an overview of the administrative procedure5 employed by the
FoundatIc￿,
ObJectlvts ind •ctl¥ftl•s
The charty FrO￿deS fundlng to other Brltish regtstered Chartt￿5.
The trustees conflrm that they have cornplied Mth the requirements of Section 4 of the Charit(es Art 2011 to
have due r￿ard to the publlc beneffc gUIdan￿ wblished by the Charty Commi55ion for England and Wa￿s.

EMBER 2020
Grant.makingpolK
Currently the Trustees, poli￿ is to accumul*e all written appeals received and to consider them on thelr
indlvkiual merits at each Truslee meet5ng. ApFlicants are nobfied of the Tru5tees' deci￿On.
The use of volunteers
The charity has no pabd staff, however admlnlstration 15 prwded on a voluntary and prtrbjno bas15 bv
Banham Group.
Achievements and performance
The charlty'5 objects are fai￿ng and collertlng money and donations to chaiitle5 reg15tered with the
Comrnission or any successor regulators.
In Ilne wlth these objects, during the year the charfty gave grants to other Biity'sh charitie5. Excess of incon
over expendY(ure In 2020 was £677,543 (2019.. excess of expendltuie over Income was £11,720),
The fund balance at 31 Decernber 2020 was £2,767,697 (2019:£2,090,154).
Plans for future perlods
Ains andkey objethveshr fvture
The charlty will contlnue to pro￿de fundlng to other Brldsh re9lstered charlues In fijture perlcls, The Tru5tee5
shall hold the Fund5 upon trust to appty donadons to such charttsble bodies or Instlutlons at such times and
In such manner as the Trustees may* In thelr ab&)iute discretion, thlnk fl¢ within the remit of the chaiity's
objects.
Rlsks
The Trustees have not bjenvfied any major ￿SkS other than 5tsck market fluctuations and they w+ll conb'nve
to mOn￿Or the adequacy of their wstem.
ReseThesgolicy
The Charrty15 a grant-makin9 company and it5 incorn*generating assets a￿ therefore held as cash depo*ts.
The Trustee5 apply the Income derNed to gNing grints In accordance with the objects of the company. In any
gNen year, a surphjs or deficit on net resources wlll arise,. its si￿, whether surplus or detk￿, wlll fluctuate and
be largely dependent on the ImSng (A donations r￿￿ed and grant payments rn&Je.
Subsequentevents
On 30 January 2020 the Worfd Health Organlsation declared the outbreak of the Coronavirus ICovid-19)
pandemic to be a publlc health Emergency of international concern. Thls Is a non-adju￿n9 event, os k 11oes
not impart the valvation of assets as at the year end date.

MFOU
ED
ATE
ENT
F TRusfEE'S RE￿￿&1￿
The tru5tee5 (who are also the dlrectors for the purpose of company lawl are res￿nsi￿e ts preparing the
Annual RepKJrt and the flnandal statements in accordance wf(h applicable law and regulations.
Company law requires the charty trustees to prepare flnanclal statement for each flnanaal year. Under the
law the trustees must prepare the financial statements in accordance wrth un￿ed kn'ngdorn Generalty Accepted
Accounting practi￿ {Unfted Kingdom Accounting Stsndards and applicable lawl. Under crimpany law the
trustees must not approve the finèndal statements unless they are satisfied that they give a true and fair vjew
of the stste of affairs of the charIta￿e company and of the incoming resources and applICa￿on of resour￿$,
Including the incorne and expenditure, of the charitsble company for that period.
In preparing these financlal statements, the trustees are required to..
selert sultable accounting tK)lioes and then apply them ConsiSten￿vI
obseNe the methods and prlnciples in the Charities SORP.,
make Judgements and accounting estimate5 that ère reasonable and pn>aent;
state whether aFpllcable UK Accounting Standards have been foll¢)wed, subject to any m)terfal
departures dbxlosed and explained In the financial statements,. and
prepare the financial statements on the going concern basis unless It Is Inapproprlate to
presume Ihat the charitable company wlll contsnue to 0￿rate.
b)
dl
The tnJ5tees are responslble lor keeplng proper accounting records that a￿ suffldent to thow and explaln the
charitsble cOm￿ny,S transactions and dlsclose wlth reasonable acojracy at any tlrne the flnanclal position ol
the charitsble company and enab￿ thern to ensure that the financial statements comply wlth the Companles
Act 2006. They are also responsible for safeguar(Ilng the assets of the charity and the group and hence takn'ng
the reasonaL4e steps fcf the preventlon and detectSon of fraud and other Irregulartdes.
Approved by the trustee5 of the charity ¢fi ...
and Igned cffi Its behalf by..
Mr T Ward
Trustee

GES
11
I repjrt io the tru5tee5 (who are atso DlrettLY5 for the wrp05e d £￿aTry lawl on mye¥4mknallon of the
atements tsf the &anham Foundation Umll£d I'the charNo* for the year ended 31 DÈtrmber 2020
whlch the Statement of FinJndal Attlviues, the *kince 5heeL the sts1c￿ent of Cash Fbws and rdaled
notes.
Thls rewrt ￿ made srldy 10 the chariV5 trusle4 as a boty, In xcordance secucii 145 of tho Charlues Art
2DII. My work has been undertakw so that I rn￿h1 rtate ro the chadty'5 bwstg95 those matters l am rEqulred to
ie to them In thL5 report and lor no other purpose. To the fuNest extent perrnitted by I do nol èctept
S5ume respongblly lo anyone other than the tharity and the charltys tru&ees 15 J body. for nyy work, for IN5
ryr¢ or for the oplnlon5 1 haveformod.
R••pO￿lIbl1￿l￿ and bailiof report
s the trustees Of tho chor1tèb￿ company you ère *espUn￿￿E for the prepwauoTh af the finandal stat￿ents In
atCLYdance W￿[Th the requirements the Comp4nles AL1 2006 Ilhe 2￿6 Ad'l.
Mavlno so115f￿ myAr thai Ihe nnandèl statem•it5 ￿ the £hèrnaLqe carnpany ore not rwulred lo be audlled
under Part 16 of the Alt Jnd are for Indepthident examlnatlon, I rewrt In respett cf my examlnaiion ofthe
hadtatrAe company% flnandal siatemwts iarrted under Seal￿ 145 of the ChJritle5 Act 2011 I'lhe 2011 ALt'I
and In carryino uul my ex4mlnabon I hsve follmd aPFltable DIrt{￿r6 by the CnirfLy cDmrn￿Sl0n
uTrYer socUon 145(Sllbl of the 2011 ACL
An Independwl exèmlnailL￿ doe5 nct In¥r4ve gatherlng al the v41¢ence that woukl to reqylred kn on audlt and
¢Onstqvenl￿ does not cover all the matters that an èuéiiof eOWder5 In gI￿n￿ thelr opinion on Ihe finanJal
starements. The ￿aTrnIng and cunducL ol Jn audlt goes boyond the 11m￿ed issurance that an Independent
eXamDa1￿ can prowoe. Consequenuy l exwe55 as to whether the flnind& staitsnents wesent b tnje
Ind fairf ￿eW and mv reoort Is limited ID those sue£lNc mittersset In the Indeoendent examin*s thternenL
Slnce the chorttable coM￿nY,5 gross IncL¥ne exce•J&J £250,OCpJ y￿r ex4mlner be 8 mimber boty Nste
In séctlon 145 d the 2011 Art. I connm th)1 l orn quilifled to ￿￿ertake the tx)mlW1￿ oecause l èm 8 fflember
cl ICAEW, whlth of ihe tlsted bodl
I have cw¥lded my examlnjiion. I (￿nmI t￿1 no rn•tertal mauers howe ecme tp rny att•iikn In connedkni
wtth the exorn1nal￿Tr gmnq me uu5e to wieve that ITr any moterlal re5pert'.
Iccountlng reccrts were not kept ITh re5pea or the chorbts￿e rowyany 05 required by 5eEUw 386 of
2006 Act. or
the n￿an￿lI staiem•its éo not aCCL*d those rewds,. or
the flnandal statements Oo nct cixnpty ￿th the xcountlng re￿1r￿rt5 rf sethon 396 LY ihe 2￿6 Art
other than any reqU1￿ment that the flnand415tstemwts glve a and fak, vlew whlth Is not è milter
COD5Sdered as pwl of an Indepthident Exaffllnatlc￿.
the Ilnindal stJlemeni% have nol been pryred In ￿ctr￿anCE wth Ihe rnethcés and PrfndpI￿ of the
statemenl rf RecLynm￿ded Prathce accounllno and reptring by charlt*s preparlng tholr 8ccaunts In
accordance ¢he Flnènual Rtwtlng Stsn¢ar4 appUcaL4e In the UK and Repuilk d Irthnd IFRS IQ21.
I have N concexn5 •nd have come airDS5 nu other motter5 In (onnedon wlth the examlnalltsi lo whth attEnutsn
oukd be drawn In th15 report In trder to en•Lqe o proper wderstandlno ￿the flnandal ￿terneDts 10 be wchLYl.
Au
11 Joseph ACA
eourner Burnork
Chortered AcC￿￿tIn
Sovdgn Hwse
221-224 5haftÈsbvry A￿nue
WC2H 8HQ
Date..
23.08.2021

ND
N LIMITED
ENT
FFIN
In
Total
Funds
Total
Funds
Unrestrlcted
DDnations and Legaaes
Investment Income
879,599
2,713
879,599
2,713
373,342
6,782
882,312
882,312
380,124
charitab￿ Actlvltles..
204,769
204,769
391,844
204,769
204,769
391,844
Net movement in fund5
677,￿3
677,543
{ii,no)
Total Funds Brought Fornvard
2,090,154
2,090,154
2,101,874
Total Funds Cafried Forward
2,767,697
2,767,697
2,090,154
All of the charthble company's art+vlttes de￿ve from convnulng oFerafjon5 durlng the above
perlods.

PAGE 7
BANHAM FCUNDATION UMrrED
BALANCE SHE
FOR TH
ED
(Registration number,. 07325044)
ro
Cash at Bank and In Hand
2,771,057
2,091,154
2,771,057
2,093,154
Amounts falling due Wlthin One Year
io
(3,360)
13,0001
Net Cu
2,767,697
2,090,154
2,767,697
2,090,154
Unrestrlrted Funds
2,767,697
2,090,154
2,767.697
2,090,154
For the flnandal year endlng 31 Decemtrtr 2020 the charlty was entlued to exemptlon under secyon 477 of the
Companies Att 2006 relating to small companles. No Trustees have requlred the Company to obtaln an audit of
Its accounts for the year In question In accordance wlth sectbon 476. The Trustee5 ackn￿￿edge thelr
responslbllity for,. (i) Ensjdng the Company keeps accountlng records which compty wth secilon 386,. and (111
p￿paring accounts which give a true and fair view of the State of affairs of the Company as at the end of Its
financial year, and of Its EYofit and loss for the financial year In accordan￿ wlth secUon 393, and which otherwlse
comply with the requirements of the Companles Act relatlng to accounts, so far as applicable to the Cornpany.
These accounts have been prepared In accordance with the prO￿￿e1)s appticaL4e to companSes SubJ￿t to small
companles, regime within Pt 15 of the Companies Act 2006.
nanci
I st*ements on pages 6 to 13 were awroved by the tru5tee5, and authorised for issue on
signed on their behalf by..
MrTWard
TrLStee

TtON LIMITED
FLOWS
(RegSstratyon number,. 07325044)
Total
Funds
Total
Fund5
Cath flows from operatlng •ctlvltle8
Net movement in funds
Deduct Interest incrme shown In Investlng aCti￿tieS
Decrease In credltors
677,543
(2,713)
360
(11,720)
{6,782)
(1,320)
Net cash used In operatSng acfjvlties
675,190
119,B22)
Cash flows from Inve•tlng actMtI•s
Interest and dividends
2,713
6,782
Net cash prO￿￿ed by Investing athv
2,713
6,782
Caih flows from flnjndng •ctlvltle•
Net cash provided by flnandng actlvltles
Change In calh and c4•h equlvalents In th• y••r
677,903
- 13,040
Cash and cash equivalent trnught forward
2,093,154
2,106,194
C••h and ush equlvalents carried fonvard
2,771,057
2,093,154

Summ•ry of Jlgnlllcant atcountlng pollcles and key att¢NnYng estlmatss
The prindpal accountlng polkies adopted, judgements and key sources of e5Urnatlon un￿rtaInty Sn the
preparatlon of the flnanclal statements are set out below. These pollcles have been con￿stent￿ appmed
to all years wesented unless othern15e staled.
BJ•ls of Prep•rntSon
The flnanclol ￿ateMentS have been prepared ln accordance wlth A¢¢ounllng and Reportfng by
ChJrftles,' Ststement ol Recommended Practice appllcable to charftles preporfng thelr accounts In
accordance the Flnanclal Repjrtlng Standard applICab￿ In the UK and Republic of Ireland (FRS
1021 (effecbve 1st January 20151 Icharltles 50RP FRS 1021, the Flnandal Ret￿ng Standard
apF41table In the UK and Republlc of Ireland (FRS 1021 and the Companles Act 2006.
Banham F￿ndatIon Llmlted meet5 the definilion of a Publ￿ benefit entlty under FRS 102. Assets and
IlablllUes are Inlllalty recognlsed at hlstorical cost or transactlon value otherwtse gtlted in the
relevant accountlng pollcy notes.
GOI￿9 concerTr
At the tlme of wpadng the flnanclal staternents the Tru5tee5 have a reasonab￿ exportatlon that the
charlty h¥s adequale resources to contlnue In operallonal exlstence lor the loreseeabk future. Thus the
Trustees tontlnue to adopl the golng concern ba￿5 01 accoUTr￿ng In preparfng the flnantlal staternents.
Income
Voluntary Income Includlng donatlonsi glfts, legacles and grants that provbje CO￿ fundlng or are of a
general nattjre 15 recognlsed when the charlty ha5 entltlement to the Income, 11 Is probable that the
Income wlll be recelved and the amtsunr can be measured wllh sufflclent rellat41rty.
Exp•ndlture
All expendlture Is recognlsed once there 15 a legal or cOnstruct￿e obllgatlon to t￿t expendr(ure, It
Probab￿ settlement & requlred and the amount can be meagJred rellabty. AJI costs are allocated to the
appllcable expenditu￿ headlng that aggregate slmllar costs to that caregory. Where costs cannot be
dlrectty attrlbuted to pa￿CUlar headlngs they have been alkjcated on a bals consSslent wlth the use of
re50urce&
Char5tsbl• icll¥ltlo
Charitable expendlture comprises those costs Incurred by the tharlty In the defvlery of ts actfvlues and
ser￿ceS for Its benef*kryrle& It Includes both costs that can be alk)cated direcuy to such actfvitle5 and
those c05t5 of an Indlrect nature nece5SBry to suppDrt them.
Grant Provlslons
Provlyons for grants are ffi￿e when the Snteniknn to make a grort ha5 been communtated tD the
reciplent but there s uncert6lnty about elther the tlmlng or rhe grant or the arnounl of grant payab￿.

PAGE 10
ANHA
Ml
TES
Governance costs
These Include the costs attrlbutable to the chariV5 compllance with constitutlonal and statutory
uirements, Including Independent examlnatlon, Strategic management and trustees, meellngs and
reimbursed expenses.
Taxatlon
The charrty is consldered to Pas5 the tests Set out in Paragraph I Schedule 6 of the Flnance Act 2010
and therefore il meets the deflnltlon of a charits￿e cofflpany for UK corporatlon tax purposes.
Accordlngly, the charity Is potentially exempt from taxatlon In respect of irncorne or capital gains
teceived withln catsgorie5 covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Sectlon 256
of the TaKatlon of Chargeable Galns ALt 1992, to the extent that such income or galns are applled
eKclusivety to chartsble purp05e5.
Flnanclal Instruments
The trust onty has financRI assets and flnandal 1Sabilitles of a klnd that quallfy as basic financlal
Instruments. Basic financlal instruments are Inltlally recognlsed at transaction value and sub5equendy
measured at thdr seitlement value with the exception of loans whlch are subsequently measured at
amorbsed cost uslng the effective Interest methcll.
•nd ￿•h equlvalents
Cash ancl cash equlvalents camprlse cash effj hand and Call deposits, and other short-tem hlghty Ilquld
Investments that are readlly cc￿vertIb￿ to a known amount of cash and are subject to an inslgnlflcant
rbk of change In value.
Tr•de credltors
Cred￿OrS and ￿0VIsIOnS are recognlsed where the charty has 3 present cbbllgatlon resulting from a past
event that will probabty re5utt In the transfer of funds to a third party and the amount due to settle the
obligation can be measured or esb'rnated rdlably. cred￿Or5 and prowsions a￿ normally recognised at
their settlement amount after allowing for any trade d15counts due.
Fund accountlng
Unrestricted income fund5 are general funds that are avallable for use at the trustees, dlscretlon In
fijrtheran￿ of the cijjectives of the charlty. All fund5 for this and the prevhws period are unrestricted.

ITED
CIAL WATEM .
inue
ED
I DECEMBER
Judgoments and key ¥ources ol estlmatlon uncertalnty
The preparabon of the financ*1 statements requires managemenl to make judgements,
estimates and assumptions that affect the amounts ￿ported for assets and Ilabllltyes as at
the balance sheet dats and the amounts ieported for income and expenses durlng the year.
However, the nature of esUmaUon mean5 that actual outcomes coukl dlffer from those
estimates. In the Trustees, there are no significant Judgements or key sources of
ests'mation uncertalnty.
Regular glvlng and dcfiatlons
879,599
373,342
879,599
373,342
Znterest recei￿￿￿4e on tsnk depostt5
2,713
6.782
2,713
6,782
Grant
Total
Total
p￿dIng grants (see Note 6)
Governance costs (see Note 7)
Support Costs - bank charges
201,036
3,720
13
201,036
3,720
13
390,155
1,680
204,769
204,769
391,844

PAGE 12
Grants to
Analys1• of grants
Hea
Savlng Llves
Community Devel)pment
The Arts
Retlef of Poverty
21,800
40,000
88,000
24,236
27,000
201,036
Grants to
M•terl•l Gr•nts: Name of InBtitutlon
MacmSllan Cancer Support
ChrIS￿ma Nobk chI￿renS FoundatbTh
Dandellon Tlme
Queen Ellzabeth's Fourbdatlon for [1Sa￿Ed People
London Alr Ambulance
Refuge
The Searn Foundatk)n
Cri￿S
Watts Gallery- Curatorfol
The Safvatk•n Amiy
Clher InstituYon5
6,300
34,000
20,000
9,000
25,000
10,000
iO,OOD
11,000
24,236
7,000
44,500
201,036
Nel outgolng resou￿tS for the year Include..
2020
2019
IndeFendent Examlnerfs remunerntkjn
3,7ZO
1,680
3,720
1,6BO

PAGE 13
NHAM F
NDA
OTES T
(Contlnuedl
There were no employee5 during the year, or the prewous year.
No trt*stees, nor any persons connected wtth them, have rece5ved any remuneration from
the charty durlng the year12019.. £NII).
No trustees have recelved relmtKJrsed expenses or any ¢)ther beneffts from the charlty
dvring the year (2019.. £Nil).
2Q
io.
£tod11￿ . Amounts falllng due Withln One Ye
Accruals
3,360
3,000
3,360
3,000
ii.
The charlty 15 a private company limited by guarantee and consequendy does not have
share capitsl. Each of the trustees Ss liable to contribute an amount not eX￿edIng £lQ
towards the assets of the charity in the event of liquldation.
12.
Durfng the year unrestricted donailons recelved from the Tru#ees and companles under
common control totsled £879,599 (2019.. £373,342).
13.
On 30 January 2020 the WDrfd Health Organi5ation dedared the outtKeak of the
Corwovlrus Icowd-19) pandemic to be a pubjic he3￿h emergency of international concem.
Th15 is a non-adjusting evenL as ￿ d¢xs nrt impaLt the valuation of assets as at the year
end dale.