REGISTERED CHARITY NIIMBER: 1141997 FOR THE YEAR ENDED JI H 2•24 FOR Sh•w Gibh (A￿111) Limit Ststtltory A￿jitOr 25 St Tlb)mu Str Hamp5birc S023 9HJ LAW FAPtllLY ABLE FOUNDATION IIIE FINANCIAL STATE FOR THE YEAR KNDED JIST MARCH 2ts24 Refere•ce iod Admhlrtrnllve Detllk Tr•sttts' Ryrt stste￿¢￿t of TrwtttJ' RE¥owslblliti ep•rt of ¢he ind¢p¢llde•t Awdtorj 7 10 9 state￿ent •f Fltt*AthI Aeli io SIK¢t Cth Fkny Stateme#t 12 Notu to th¢ C￿￿ Flow Stst¢men¢ 13 to the Fkn*neknl Statements 14 w 20 Det*lkd st*t¢￿¢￿t ol Fl•••¢W Aedv 21 to 22 REFEREN E AND ADMIMrnTIVE DET FOR THE YEAR ENDED 31ST MARCH 2024 TrUSTEES AEIAW Mr5 Z Law {Tesi8ned 21.62024) Caxton Eur(ye ASS￿ Manag¢wt 40 Berkl¢y SqyaT¢ WIJ SAL REGlStfBID CIIARITY NUMBER 1141997 INDEPENDENT AUDITORS Sknw Gibbs (Audit) Litt)i¢ed 25 St ThLYtw Street S023 9FU soucrroRS 31 Hill Street WIJ 5LS Coutts & Co 440 Srand WC2R (QS FOR THE YEAR ENDED 31￿ MARCH 2•24 The ffitsttts Pr￿ellt thcir rewt with th¢ 5tstCrn￿rS of the ¢hwKity for th¢ yr•r endul 31s1 MaT¢h 2024. The tn￿te¢S b8v¢ gdopted the Provisions of Accounting and Ret￿nIng by Ch•ri¢i¢s: of Rrxommended Praclice applicabl¢ to cbarities Prepari￿ their acCO￿ts in accotdance wlth th¢ Fin8ncial ReportiD8 Stantsd applicable in the UK and Republic of ItrlaTrJ (FRS 102) (CfftCti￿ l J￿ry 2019). Legal *Jthinistr*tive itifomwtxffi s# O￿Ort the infornmiion p•Be fOrn￿P￿ of this IIE OBJgcfivES AND ACTIVIT1ES Obleetlvd attd The Tru￿ was r5tsblislKd undeT aTnth Dced dthj 24th MaTcb 2011. The obj¢dtve of thr Tru￿ is to hold futtds wbich public 800 Pwb¥¢ bthefit The Tn￿¢￿5 tlwt thty have tskth of tl* (Jwity Cornmi55ion% Benual guida￿e on publhc bellefiL PUTpose. Most 8rant aid ts dite¢trd to Te8iS¢¢red clthTilies. In with othtt trusts. tyj followhng currettt clwity 1¢8isI*ioD, The L•w Family Clwi"tsble will CO￿lder applic*ioM from c4)mmuAity in¢¢res¢ ¢ompani¢s Do£Us￿ Ert¥•fy ID., E433941441503468m78&74C9￿12￿IJ LAW FA TRUSTEES. RE OR THE YEAR ENDED 3 ACHIKVEiWIT AND PERFORMANCE Ch%rltAbl¢ activltie5 The Law Family Charitable Foundation (LFCF) w85 set Wy in 2011 t￿th a ott Edwiioffj H¢41th, aad the Art8. It has yincc broadcned 10 inelude enviroLnThtsl woie¢ts. Speaker8 for Scbooh LFCF rernains the priticipal fithder of the UK'S larges¢ social Thbility ¢h¥ity. Th¢ mi&¥ioD of the cbarity 15 to close the oppomnity g8p •nd level th¢ p]ayll￿ fi¢ld for 211 11-19-yW-old $ta* ￿1￿)01 colleges pupils by providing inspirational ts]ks alld facilitating acce&s to WO￿ experiu￿ that will help them to rcach thciT full c•xeer pot¢llti￿. Clos¢ to 25W stste schoo15 a￿1 collc8es re8￿ aiwside •PFwximatcly speakers •od 350 ¢mployer In totsl £4.743m w&8 disbu￿ to the dlarity. Th¢ L•w F*nLlly Edtyc#th>*￿ Tr• LFCF kn conlillu¢d to supM The LAW F*nily Educalional TnLSt that i% thc pro￿4 sponsor of the Launjs TNs¢, A Multi Academy Trust (MAT) headquartered Cheadle HuJD4 near Matthter. The MAT cncornp8sses the 4.18 48¢ 'Our visb)n 15 for everyone, ffgardltss of or ¢irCurny￿. to b¢ thriv¢ in all ertvirtittm￿ts. io GT¥nts hayc cnablcd a rin8c of sport4 voice. other ¢￿0]rrI¢￿ ￿1VitieS io b¢ Provided creatin8 a morc IcYcl- playing field with privat¢ ￿{)01 pwvisi£m. £1.89m was disbwsed to LFET in th¢ pmod Eartkjhot prize LFCF is a global alliatt¢¢ founding parther 0(EanI￿1 The Earthshot challenge is a 5impk but ambitious and unive￿1 goBI fw 2030 thai if a¢hieved, will r¢pair the planet befoTe irreversible damage orcw5. DEv¢loprd in Gol]abLxalion with l￿dIng wvironmeAtal exr￿lts the go815 ar¢ to Protec¢ artd Restore Nanjre. cl￿ ourAir; R¢vive our(ke•lls" Build 4 W8Ste-FTee World: and Fix our Clirnat¢. A n¢w prograrn￿ of grani was agreed in DKmb¢T 2022 of £3m PAy•bl¢ ov¢¥ 3 yeats and iti lirte wilh sfactory delivery of th¢ proie¢L A totsl of £lm was di51xJrs&4 in the year. Scknte Museum (M*nekttttr) LFCF rn￿e th multi-yeard(wtion iti su￿￿ort of the rtxM)v•tiM of th¢ SGielltt MusewN both for the Power Hall and an education pD)grnm. The Pow¢r Ha]1 will b¢ based iti th¢ 1855 shipping shed for Liverpool Koad statio￿ the WOTld& first purpos¢-built pl￿Nger railway sta1￿. It is placed to lye one of the m05t beloved industrial heritsg¢ galleries in ihe country, ￿￿siD8 ott¢ of the UK￿ lar￿ Coll￿10￿$ of workin8 Steam engl￿ the majority of which w￿¢ built in Man¢lwsier. An edu￿1"On tKO8raw i5beiTr8 devetoped alon8side the proJe£L £0.9m was disburscd in thc per1￿J. Pl•¢e2be. Tke L•w F*mJ]y Mford Rex*r¢h projert TRU FOR THE AR ENDED 1ST hfARCH 2024 Salford Th¢ ith¢ent 1$ 4]$0 to provide evth￿¢ of P￿¢2B¢.$ iniawehtion beD¢fit pw>il$, parenls, and teachets. liecent P￿11¢ Health fi8wes 5knw that 139.3 p¢r IIKI.(KKI in Salfotd Ih8vE bEen thirted to hospital with rntntal hcalth issues. The overnil r* Eogiarf is 89.5 ebildren ptT 100.000. With cbiidrell and young pwle ross Salford suffering at a muth higher ra* the UKavw Saiforf was An Ide￿ p14¢¢ forth¢ proj¢d. A total of£780.(W was di51m]￿xI in the year fTOTn 4 tsjtai e4Jxled mUlti.Yearprn8r￿ Df £2.7m Tkn FAetory International. ahettd of its openiD8 iti 2023. This will be i global dcstinthots for art& music CuirU￿ cooMniuioniD8 J pTes¢nl i y¢ar.roundpro8ramnK of ¢xtrwrdwory. wow￿-break￿& Ind Int¢￿.￿1P1IDary by lead￿ artists. A total of £2.9rn has bezn comnlltted.. £2rn for eX￿￿11th *Thl ¥ fiwther £9LKI.iKKI tow*th The F4dory A¢adethy to help youDg people work in the tt810￿ £694.iKKI Wds dithmtd iti the pui(*l Pro BoD0 Etomomkl PBE use eeottomic attalyw their miique corned1￿ w the SLXi81 Sed￿ help ¢haritieK. fimder4 and poli¢ymak¢rs. To8etber th¢y coikctively t¥kl¢ th¢ 2nd ￿nst¥V¢¢$ oflow puwl weUbein8 iD the UK. 8 aD example of their work IPBE) unveiled. ID December. a very in¥￿*￿1 new T￿￿ on the sllbjed of eoutwlling for Mothets. LFCF sp)n50red the Law Family on Civil Society. as we41 as wingbmadu A total of £584,(th di8bw¥td in the ￿1. I￿veStment performirtee Durillg the penod lh¢ investnKDt porrfolio eeneratrd ill¢(￿e of U65.983. The disFosai of SE￿￿eS in the peri￿1 were th to # traDs(cr of iDve5tments to a new ￿￿88¢[ and did Dot give rise to any Tealised yin or losses. Tr movemeDt in m￿k¢t valucs get￿￿Ted ullttalised gains 01 £4.654.497. Al th¢ ￿riod end tr* iftv¢sllneN portfolw was valued £80.045,434, an irt¢reas¢ of 42A from th¢ ryior year. The Tn￿¢¢$ reaffinned the Investment ￿lleY aThl L￿j￿1ve%. The tsitste¢s' illV¢SEm¢nt policy i8 to rnaximise IoD8 term toral retllrn. tski08 inti)rne and L3pi¢al 8ains tO8cts witkn undue risk. Fthming YearalhjcallL￿ to be consi￿ a draw on casts. curr¢ntiy balatt¢¢d atsl apprroriat¢ for the peritsl abea& T￿In8 the year oveMII p#f￿￿*￿e of the irtV¢￿ed fuTM15 w&$ appTOXim•te]y 7￿ The wyres with the ARC £ B4ian¢ed Cknty +7.2Y• IiXI +9Y4 FtSE +250 + Th Gill indic¢8 +3%}. We soutted higller Yield1￿ rnoney rnatket accounts rather thaD c&%h to expknit the highcr inlaCS¢ rates. We n*•¢ial pojitio At 31st March 2024 the b•laTK% £71551684 (2023.. £74.gn.856}. Pr5￿*1 f¥Ddllli W￿r¢¢$ TRUSTEES, REPORT FOR THE YEAR ENDED 31S FINANCIAL REVIEW Investment poliry ¥nd objectlves The trustees, iDYeslment policy to m*xl￿ IoDg terni to￿ lelu￿ tskitig IT￿Me and capital 8ains tO8cthct without uttdve risk. Ruervu poil¢y li is th¢ poli¢y of the TnLSt to rnaintsin the free reservej of the Trust it a level to Fwovidc suff￿1¢￿¢ funds to ¢ov¢r FUTURE PLANS The Charity will cotttinue to provth grafft￿ to kknitabl¢ W8￿ls2t10￿S a8 xel ￿J¢ in its obicctiVC5 aTKI #im STRucrU￿ COVERNANCE AND MANAGEMENT Governing doc￿￿¢ Retrultm¢•t •nd xppolDtrne•t •f D¢w tn•ttes The Tn]stees of the cFLarity are listed on thc inf0rnmti0￿ pagc. Ncw trus*¢s may be appoitiied by th¢ settlor andlor existin8 tNstcts. In aPPOiDliDg a DCW Trusf¢c th¢ scttIoT or ¢XiMi￿8 Twstees will t8kc ith account the bencfits of appointiti8 a persots who is able by ¥]￿¢ of bi$ or ber pasonal OT P￿r￿IDn￿ qualification5 to makc a contriiwjtiort to the putsuit of tbe obj¢¢¢ive$ OT m4llO8¢wi of the Chan"ty. Th¢ Tn￿ Lked provides for a rniDitnum Dfhvo tnts*¢s and a M￿lMU￿ of ei8ht. The T[￿￿ttes rnttt at leLst tivice a year to discu58 aDd rykment policy. Decisions Ore n￿de by 8 $in)ple majority of vote5 cast at a rneeting of theTtU5tees. Rlsk maDageme•¢ Th¢ TnLslees have ¢attig1 oui a r¢vs¢w of ttrx ¢haritys activities and the risks ￿ whith it is expose418rtd ¢onfym thAt controls are place to mitigate those riskL The main Tisk to the charity C(**¢rns the invesbnents The trwtees Yeview the valuation of iDYeBthMts and th¢ income strc#m gcDerated. Approved by of the knard of trustees 24th J*nu*ry 2025 and its bthlf ty. A E Lgw- TnL3t¢¢ 23D18WJ5 Roger sadewsky TATEMKNT FOR THK YKAR ENDED li¢able14w and United Tratig&)m A¢¢ouw Sta￿1•y￿s (United Kingthm ￿e￿lY Ac¢eNa A¢countin8 P￿tiC¢}. The law applicabl¢ to cb￿ltie¥ in Fm8JaTrJ Wales. the (Jwrilies Act 2011. CtiaTity (Accounts I￿j Reports) Regulations 2(￿}8 and the provisions of the trust deed requires the trustees to prep*r fin•n¢ial ststemetsts for each financial year which give a tsue and flir view of the sts¢e of affai￿ of the ¢l)arity and of the incoming resour￿$ and application of resourtes, including the ittc4)me exp&i* of the (*arity for that In prepsrin8 thole seleci sui¢able ￿cOuntIng policies and thett them - obsery¢ th¢ methods and ryin¢ipl¢s in th¢ (hrity SORP. . stslc whether applicable attounw standards have been followaL Abject to •Dy m*iiai d¥￿Te5 disc105cd and explained in the finatt¢iai statements. . pr¢p4Te the finatKial sta¢en)¢nts on the 80iTh8 basis yo1¢s5 it is to that th¢ dJaTity will continue in busineu. ¢b¢ posilion of th¢ cFwiry trj enable them io ¢ngJre that th¢ finan¢ial sta*Dxnts with th¢ tharities Act 2011. thc cI￿lty (Accoullts and RtwL8) Rt8ulatMJ￿ Xl)8 and the provisioos of the trust deed. Thcy are ￿10 r¢spoDsibk for safcgwding the •55ets of the charity a￿1 for taking T¢8sonable 5tCP5 for the preyettti￿ alld de¢edion of frawl other I￿egul￿1￿￿. INDEPENDE AUDITORS TO THE Opinlott We have audited the financia] Sththents of The IAW Famity c&￿118b1e Foundation (thE '¢harity? fw th¢ year ¢nd¢d 3 1st Ma￿h 2024 which COllViBe th¢ Statement of Financial Adivities. the BalaThce Skn¢¢( the C¥h Flow Statement nd notes to the firtancial sthtemenK irt¢ltsding a gJnyn•ry of signific￿[ x¢ounting policies. The financial rcporting fraMEWo￿ that has be￿ appli¢d io their preparntiott is applic•blt l•w and United K￿¥d￿rn AteOWltiDg Startdar Iunited kngdom Generally A¢¢epted A¢¢ountiog Prxtic¢). In rA￿0P1n1Oll the f￿￿￿la1 ststcmcnts: 8ive a true and fair view of the state of the charitys affaiTh ￿ •t 31A m*￿ 2024 and of its in￿MiDS re*)ureeA 8ppli¢ation of res()w¢¢s, fot th¢ year Mdai. have beet) properly pr¢par¢d io a¢¢ordan¢¢ with i1n1t￿ King&th Genernlly Accepted Acc(wting Praciice. and . have been ptqjared in accor￿ with the n4UItem￿1sof the (Jharitics Act 2011. Basb for oplDltsn Wc conducted our a￿di1 in a¥YordATKe with lttfern&tico81 Ststyjwds ott A￿3)ling OJK) (ISAS IUK)) alld opplithlr law. Our resp)nsibilities under tIM)se sthndarth are fiJrtheT descn.bed in the Auditors, Tesportsibilities fw the audit of the f￿ancial wtements section of our report. We are Inth￿ndent of the tharity it) g¢¢old￿¢¢ with th¢ ethirnl r¢quirements that are relevant lo our a￿111 of the fujancial stsIem￿ts in the UK, illcludin8 the FRCS Ethical Standard. and wc have fuifilkd our other ethical responsibilities in x¢ordwKe with thes¢ requirements. We belie￿ that th¢ audit cviden(¢ we bave obtaimed is suffitiettt and 4)prwi* to wovid¢ a b&sis for our opllhion. Con¢lu51oNs relatlng to golng MRcern In audititJ8 the finaDCia] thtcm¢n¢S. we have ¢LxKluded thttt the trustr¢s' us¢ of the going concern basi5 of acc¢￿ntIng Based on the work we have ￿[ornI)I, w¢ hav¢ ftot idenufied any rnateri￿ U￿ertainti¢s relating to events or conditions that. individually or ¢ollectively. may ¢ast signifLCallt thubt ￿ the ¢harity$ ability to coniiniie a going CODcern for a period of at ka5t t￿1ve months from wh¢n the fuban¢iai s¢atrm¢rtts ar¢ a￿￿1$￿1 for i55ue. Our resp)nsibiliti¢s the responsibilities of the tru#ees with tesFttt to going conrffli d¢8uibed in th¢ r¢l¢vant sections of thiB r¢po Other lttf•rm•tb)tt The tri￿¢¢$ are responsTri Ile for th¢ othu inforD)aM. Th¢ dh¢r inforn￿￿ conyises the itifonnatiott induded in th¢ Annual R¢poTi other than the fuwicial stat¢m¢nts and ow Report ofthe IDdepetht Auditors th¢r¢on. OUT opinioll on the fm•Dcial 5tstczn¢nts doES cover thc (th¥ infrym*ion cxKpt to the exttst othenyise explicidy swed in oMrtArt we &) expffM wy forn of awrnDce CO￿l￿510nthcr¢l￿. In Cont￿ctiOn wRth our awlit of the fmanciai stst¢rn￿ts. OUT resp)￿7)111ty is to reld Ibe other inforroation znd. in (knin8 $0. consider whether the othcr infoTmalNM is materially inconsist￿1 with the financial 5tatcmcnts or our knowled8e obtained in thc audit or othenwi* 4years to be nhthli￿IY 11 w¢ idrntify sucb mater￿1 inCODsisiencies or apparent tnaterial miSs￿eMents. we *e to derttmiA¢ whether giv¢s rise to a material mi55tat¢ment in the finoth¢ial ststw¢nts themselvts. If. b&8ed the work we h8Vt tKrfonn& we eoncltyk thai theT¢ 1$ a material t))isslat¢m¢nt of this other infonnation, we are requir•J to rqxxt thatfxL We h*ve nothit)g ¢C*Teport ID this Te8ard. Matters wlrfch wt #r* rtqiirtd to rep•rt by *x¢•ll•• We have nothing to report in r¢sp￿t of the followin& mDt¢cT5 wIKre the Clwitiej (Accwits and Reports) Re8u]auons 2(M)8 requiT&% U% io re￿ to you if. iti ouropltti￿. the InfO￿allon giv¢n ill th¢ In￿re¢S R¢rKrft is io¢owist¢nt io aDy llbaterial w with the financ￿1 staterneDt4' OT suffici¢nt ¥COUDli08 recor& have DDt been kept" or the finawial statements are not in agreemuLt with the acco￿11￿8 records*￿1 1¢DJn￿. w¢ hav¢ not tEceived #ll th¢ iDfomwtith and exp1amil￿￿ we relwire forow 0￿￿11. UD￿0 TO T11E TRU Respo•slbll#l¢s •f tryst¢ As explained more fully in the Ststetnent of Truste￿ ReVD￿?¥111t1eS. the InLStees are rc5p¢Jn5iblc for the prcp8rnti¢)n of the finaTrCi￿ ￿enThts which give a true and fair view. and f¢x illtemal control ￿ the Iru5tets det¥mine is nx¢ssary to ¢nable the w¢paratbOn of finattci￿ ftte from thuterial mi$51at¢rnt, whether du¢ to fraud w erroT. tn prcparing thc fManCi￿ 5tstcrncnts. the truskes are re5p)n5ible a&se55ing thc tharitfv ability ty ¢Otttinu¢ as a going Conce￿ dis¢lo$itig, Is appliclbk m•tters relA*d to going c￿eM and using the going c￿eM basi$ of 4c¢ouniin8 un1¢5s the tsw*¢s eithu int¢nd to liquidat¢ th¢ dwitywlo c¢as¢ or haye ￿ realistic alternative butto th> 50. Omr r¢sp•wlbllltl¢s for th¢ •ydlt ofthe fi#au¢ial sl*t¢Thats We hav¢ been apwjinted as 4uth"tor8 under Se¢ll￿ 144 of the Charill￿ Art 201 l and t¢pxt in W[dan￿ with th¢ Act (hjr obje¢tives are to obtsin re￿onab￿ assutw abw¢ the $tatemeThts as a whole are free fmm material misstatemeni whether due to frawj or ¢ryor. and ￿ iw a R¢port of the l*endeTht Auditors th&t includes our opinion. Reawnablc Is a hi8h le￿1 of asswantt. but is not a 8uarantre th8t kn audit Conducted i a(￿rdance with ISAS (UK) will alway5 ddcct a matcrial misslat¢rncnt when it exists. Misstsienlents can arise from fraud or e￿or and are ¢OnsI￿ n•t¢rial if, i￿lIVIdUally or in the aWEgat< th¢y could re&wnably be expected to Th¢ ¢x¢¢n¢ to which our are c•pthof thttding utegul*riti4 itt¢lbtsJing frnd is det•iled b¢low: W¢ obtained an of the Ae821 *¥1 regu]*￿ a￿lICable to the chuity via discu55i¢)ns with the trustees and our previous knowledge of the cllarity. Thii identified that the most sibThificant lThs and regulalion5 rela* to the fonn and con1￿¢ of the fuwwiol thiements as the Ch￿111¢$ A¢t 2011, the Cbariu¢5 SORP (Fils 102) and Fitwiciai RetN)rtin8 Stalldard 102 The cb*ity complies with these laws ood Te8uLati0ts8 by apprO￿at¢1y qualified PTofe58ionals to prepare the rmanc1￿ ststements. As partof our planning pmcess we assessed suwibility of the eJwiiYs f￿0￿¢5&] sra*ments io ma¢¢ri41 ti)isstst¢ments, it)¢ludin8 bow fraud might octur by making *n asses$n￿t of tb¢ key risks. The k¢y Ti*5 identified in respect of The Law Family Cbaritable FoundatTh is revenue recognitK￿ and eligibility of ¢lwitsble giving. Th¢ trustees confirnied no KtuaL swted or4llegeAI ca5e5 of fnu B￿d on this 85s¢ssm¢nt we desi8n¢d OUT Auth"1 pr(K￿￿￿¢S ￿ address tb¢s¢ k¢y rith •Tta• with an aryhasi$ on I￿11 the income and gains on thc invtstnKnts, and the dwiuble donations mwle. A fivther dexYiptio* of ow wsibiliti¢S for the a￿dI¢ of the fthuKi81 st*meThL8 1$ I(￿ted on tk Fin8n¢ial Keponing cow￿11￿ w¢bsit¢ al htlpsjlwwiv.fi¢.org.ukllibT8rylstsod•Tds-￿Ies-￿lICYlaydIt-a￿Wall￿￿ndutherby's In5tibJte Icultswal leaders pmAr￿) The Savage Fo￿dati￿￿Aide￿ Slllne Ailaniic Partoerthip t¢lass- Stsg¢ Right Other donations under£l.or Maggi¢'s 4.743.• iJ9O,•00 8,71xI.(￿) 3,rKKI,( 319.3CiI 140,0 7SOOO .000 000 120, 50,OC 75,000 6,527 3926 3.832 I,(w,( 8.106.674 The Earthshot Prize The Scicncc Th¢ F*ory Tn￿t Th¢ Sutton Tnjst Finito Education Limi Britlsh Fashion Council Art Hislory Link_up PhotOgrap1￿r$ Gall¢ry The AtlaDtic PartheTrh 3.(M)),LKKI 3.1￿,(￿￿• 888.617 33.( 15,Otxi 15,0(Ml 7.500 1.100 FTan¢is Hollattd Torai grnnts to organisai¥ons GTrllts payabl¢ to inth"vNlual$ ITh the paK#J: A Williams MBE- for the ￿blICation of Racivti in Foothall Other donatioDs urth£I.O &460hfj6 30J87.550 5,000 6 30 392 $50 Pag¢ 16 ¢oniiAua... UNDATION THE FINANCIAL STATEMEKrs. R THE YEAR ENDED 31ST MARCH 2024 SUPPORT COSTS Costs Totsls 19 Support costs. I￿luded in the ab(>v< we as follows: 2•24 Charitsble givin8 2023 Total activities Ren¢ 25J31 Offlce costs Advcrtisin Depreci&iio 7W3 &255 1,043 42 Goveroaoet Costs 2024 2023 Totsl ¥¢tiviti¢s ghving Auditor¢ remun¢ratiott 2J40 9J7S 2,288 2S1 Consultancy Legal fees 19 TRUSTELS, REMUNERATION AND BENEFITS No Intytee rKeived aoy renum￿Ort except ¢imsult¥ncy fe¢$ of £9.375 (2023 . £25,(W) rlArged by Rog¢r SAdewsky (tn￿1¢¢) frjr 4 VOTi¢ty of SP￿lfi¢ non-ttw Wrt inchth8 due diliseDce and mODLtoring of f4uknkd Thrrr were no trustees, expensts paid for the year ended 31st March2024 nor for the year ethled 3161 March 2017. Page 17 continued.. THE IAW F FOR T MARCH 21114 11 STAFF COSTS 11. TANGIBLE FIXED ASSETS uipnTht equipnKni C05T At 1st April 2023 and 31•t Marth 2024 DEPRECIATION At 1st April 2023 LThw8e rory 42 42 At 3 1st March 2024 NET BOOK VALUE At 3 1st Marth 2024 126 At 3 1st Mar¢b 2023 168 11 FIXED ASSET INVLSTMEiYrs C&8h and settlernents MARKETVALUE At 1st April 2023 Additio 76.76S4811 I¥377￿47 (2•.720.¢M) 74829,462 183TIJ47 I.IK13928 (19,71&072) Rev31uations At J 1st Marth 2024 l Q67 9111 434 NET BOOK VALUE Ai 3 ist Mar¢b 2024 At 3 Ist March 2023 76 765 480 76 829 462 H1#or1￿1 cosl of investr￿ts at 31 Ma￿h 2024 £54.101.iKKI(31 M•Kch 2023: £61.424.fXK)). Page 18 ¢ontinue(L.. THE W FAMILY TO THE FINANCIAL STATEMEN FOR THE YEAR EIYDED 31ST MARCH 2024 13. CREDITORS: AMOUNTS FALLING DUE WIThIN ONE YL4R 2024 2023 Gtants payabk 5103082 4.840328 14. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THhlY ONE YEAR 2023 Grants ￿y￿ble 5 790 020 I& MOVEMENT IN FUNDS Nct ovemeni At 1.4.23 31.324 Unrertrkt￿ Gertera] Ojttd 74￿02￿56 (2J49J92) 72￿52 49 72 52 Net mov¢JneJ)t ill i￿luded ID th¢ •lw¢ aT¢ as followT: Mov¢m¢nt in fimds losse5 G¢tJrdl fund lJ20J8• 18J24J69) W97 1¥749,992) TOTAL FUNDS Com￿[41fvel for nwvewe#t ltt [￿d$ Net At 31.3.23 At 1.4.22 in funds U￿restrIcted General fiuwj 68.761.(KJ6 141,850 74.902.856 6 141850 74 902 856 Page 19 continued... FOR THE YEAR ENDED 31ST MARCH 2024 Gains gnd Moyemettt Unrestrlrted 36.073.￿6 {30.488JI I) 557.155 6.141.850 TDTAL FUNDS 557 155 6 141 850 I& CONTINGEKT UABIL There is o ¢onth)8enl liability present for 8rant *ward&J to ProBoM Economics totallin8 £2(Kl.(l)O. The 8rant is contingenl ProBo1￿ FLOr*￿S xbievin8 a level of fixulin8 that will then be rnatched by The L*w Family Charitable Foundation in the 2025 yf•X. 17. rtteived * ￿1#1 of £6ffi33.CKKI in 8rnnts froth The Law Family a￿ll￿ble F￿jA￿tIo￿ in th¢ period ¢fftd¢d 31st 2024. The IAW Family Educaiional TTUSt esthbli51Kd to 5UPPOrt the Lawu5 TTUSI (a Multi A¢•d¢my Tntst) to provide sponsorship atMI fuTh]ith8 ¢0 sdw)ols and e&b¢￿I￿n￿l progTrnfftes in the Manrhestu are& The IAW Family E￿￿tIonal TnA%t is wbolly futsdedbyTr Law F•thily Cbritsbk Fouoth Mr A E Iaw is the chairman and cbief executKve officer of Cuton Associths. Ai 315t March 2024 Th¢ Law Family cI￿l￿bIe Foundation held invath￿nts worfh £30.056.288 which 15 by CaKts)n AwKtates. Try did not charge ￿Y InveStsn￿ man•gemthi fees thwing the year. Mr A E tAw is a tnLStee of The taw Famify awfitable who rnp•Je total donations ID thr year of £718.706 which qualified forgift ¥1 Pa8e 20 THE D￿AlLED STATEME￿ OF FThANCIAL A￿lEs OR THE YEAR ENDED TMAR 2024 2024 2023 Don•￿009 •nd leeade5 Donations Gift aid 719.145 2(61￿,(￿￿1 198122 35.750,OLXI InvestheDt Ill￿￿¢ Portfolio incomc Dcpo8it acc04Wt iThtcr¢st 56S,983 55 276,920 621 Total Into￿kn¥ Ttuour IJ2O,•J80 36,073.Th)6 Investment tn*N*gernent costs 41174 20,545 Chlrftable &¢tlvltles Maggie's events Gratlts ¢0 iostinitions Grants to individuals 2.800 30J87,550 8.46ffj6Q6 8A613O6 30,395.350 Support ¢o$ts M*nag¢meot Rent 2&468 U04 7W3 iJ68 42 25,331 2,483 8,255 1.043 56 Offic¢ c05t5 Adycrlising Offi¢¢ equipnKni 4ffj015 37.168 GOvÈr￿Met Auditors, rrmuneraiion Accouotancy ConWlts￿Y Legal f¢¢5 2J40 9J75 2.288 25.iNYJ 19 35 Tothl resourc￿ eX￿d 569 30 488 311 Net (expElldliU￿}f1Nc0rnt before galns •md (7,•)V891 5,584.695 P4e21 CHAIUTABLE TAI STA FOR ThE YEAR ENDKD 31ST MARCH 2024 2024 2023 Gau￿(LoS5e5I on fixed asset inveslments 97 557 155 Net {expendI￿rty1tyt•m¢ 6 141850 This page thes part of the staTht(￿ f#W￿la1 slattments