REGISTERED CHARITY NUMBER.. 1145325
Report ol the Trustees and
Unaudited Financial Statement5
for the Year Ended 5 Aprll 2023
for
Laura Kinsella Foundation
GCSD Accountants Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GLIO 3UT

Laura Kinsella Foundation
Contents of the Financlal Statements
for the Year Ended 5 AprS12023
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Flnancial Statements
9 to 16
Detailed Statement of Financial Attivitles
17 to 18

Laura Kinsella Foundatlon
Report of the Trustees
for the Year Ended S April 2023
The Trustees present their Annual Report and Financial Statements for the Charity for the year ended 5
April 2023. The Trustees have adopted the provisions of Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January
20191.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charlty number
1145325
Prfnclpal address
Bates Wells & Braithwaite LLP
2-6 Cannon Street
London, EC4M 6YH
Trustees
Mr S Kinsella
MsAMSJollv
Mr M J R Ditkson
Mr T E Kinsella
appointed 20 August 2022
Independent Examlner
Matthew Rawles FCA
GCSD Actountants Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GLIO 3UT
Legal Advlsors
Bates Wells & Braithwaite
Scandinavian House
2-6 Cannon Street
London EC4M 6YH
Registered Office address for appeals
Bates Wells & Braithwaite
Scandinavian House
2-6 Cannon Street
London EC4M 6YH
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity 15 controlled by its governing deed dated 30 December 2011.
Page I

Lauia Kinsella Foundation
Report of the Trustees
for the Year Ended 5 April 2023
STRucfuRE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
The Appointor Stephen Kinsella has the power of appointing new or additional Trsjstees dijring his lifetime.
Indurtion and tralnlng of new trustees
There are no fomal policies or procedures adopted *or the induction or training of Trustees. However, all
current trustee5 are familiar with the Charity Commission guidance.
Organisational and decision making structure
The Trustees review applications for funding, investment performance, income levels and the financial
statements. No fundraising is undertaken to support the work of the Charity, but has the right to accept
donations.
Risk management
The Trustees have a duty to identify and review the risks to which the Chority is exposed and to ensure
appiopriate controls are in place to provide a reasonable assurance against fraud and error. The Trustees
have not identified any major risks apart from the financial markets volatility affecting investment
performance and they will continue to monitor the adequacy of the system.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Trustees hold the Trust Fund and its income upon trust to apply them for all objects which are
regarded as exclusively charitable under the laws of England and Wales as Trustees from time to time think
fit. There have been no chanEes to the Charity's objective5 during the year.
Grant making policies
During the year under review, the Trustees resolvèd to make donations in the total sum of £311,618. All
donations are made without any implications or commitment to future donations. Only successful
applications are notified in writing.
ACHIEVEMENT AND PERFORMANCE
Investment performance and pollcy
The Trijstees review the investments and the risk strategy on a regular basis. The overall financial objective
is to at least maintain the real value and to generate a sustainable income and return to fund annual grant
making. The Trustees invested in listed stocks and shares during the year.
FINANCIAL REVIEW
Reserves policy
The Trustees consider a balanced investment policy and distribute income on an annual basis and retain
capital for the maintenance and growth of the Fund. Recently the income generated has not been sufficient
to fund all grant making and the monies were applied from the gains of the sale of investment5.
Page 2

Laura Kinsella Foundation
Report of the Trustees
for the Year Ended 5 April 2023
FINANCIAL REVIEW
Review of the activitles
The total income generated was £33,278 12022.. £26,873), the total expenditure was £337,192 12022..
£272,191) with £311,61812022.. £246,958) being committed to charitable donations and £32,07112022..
£26,627) to other costs as well as the exchange rate profits in the sum of £6.497 in respect of the foreign
accounts and investments resulted in net outgoing resources of £303,91412022.. £245,318).
Going concern
The Trustees have a reasonable expectation that the Charity has adequate resources to continue in
operational existence for the foreseeable future. For this reasons, they continue to adopt Boing concern
basis in preparing the financial statement5.
PUBLIC BENEFIT
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's
general guidance on public benefit when reviewing the Trust'5 aims and objectNes and in planning future
activities and setting donations to be made in the following year.
Trustees believe all the donations made are for the benefit of the public.
TRUSTEES. RESPONSIBILITY STATEMENT
The trustees are responsible for preparing the Report of the Trustees and the financial statements in
ccordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice) including Financial Reporting Standard 102 The Financial Reporting
Standard applicable in the UK and Republic of Ireland"
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Account5 and Reports)
Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements
for eath financial year which give a true and fair view of the state of affairs of the charity and of the
Incoming resources and application of resources, including the income and expenditure, of the charity for
that period. In preparing those financial statements, the trustees are required to
select suitable accounting policies and then apply them consistently;
obseNe the methods and principles in the Charity SORP,.
make judgements and estimates that are reasonable and prudent,.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charity will continue in business.
The trustees are responsible for keeping proper accountlng ￿COrdS which disc105e with reasonable
accuracy at any time the financial position of the charity and to enable them to ensure that the financial
statements comply with the Charities Act 2011. the Charity IAccounts and Reports) Regulations 2008 and
the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Appro
byor
of the board of trustees on
I r.-JL
and signed on its behalf by:
5 Kinsella - Trustee
Page 3

Independent Examinerfs Report to the Trustee5 of
Laura Kinsella Foundation
Independent examiner's report to the trustees of Laura Kln5ella Foundation
I report to the charity trustees on my examinètion of the accounts of Laura Kinsella Foundation Ithe Trustl
for the year ended 5 April 2023.
Responsibilitie5 and basis of report
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 20111'the Act'l.
I report in respect of my examination of the Trust'5 accounts carried out under section 145 of the Act and in
carrying out my examination I have followed all applicable Directions given by the Charity Commission
under section 14515llbl of the Art.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Trust as required by section 130 of the Act. or
the accounts do not accord with those records,. or
the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reportsl Regulations 2(KJ8 other than any
requirement that the accounts give a true and fair view which is not a matter considered as part of
an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Matthew Rawles FCA
GCSO Accountants Limited
7015tonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL103UT
Date..
Page 4

Laura Kinsella Foundation
ststement of Financial Activities
for the Year Ended 5 April 2023
2023
2022
Unrestricted Unrestricted
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
445
Investment income
33,278
26,428
Total
33,278
26,873
EXPENDITURE
Total expenditure
337,192
272,191
Total
337,192
272,191
Net gains/llosse51 on investments
1158,8881
166,652
14ET INCOME/IEXPENDITURE}
1462,8021
178,6661
RECONCILIATION OF FUNDS
Total funds brought forward
2.908,720
2,987,386
TOTAL FUNDS CARRIED FORWARD
2,445,918
2,908,720
The notes form part of these financial statements
Page 5

Laura Kin5ella Foundatlon
Balance Sheet
5 April 2023
2023
Unrestricted
fund
2022
Total
funds
Notes
FIXED ASSETS
Investments
2.297,858
2,549,580
CURRENT ASSETS
Debtors
Cash at bank
50,025
101,245
50,025
314,460
151,270
364,485
CREDITORS
Amounts falling due within one year
io
13,2101
15,3451
NET CURRENT ASSErs
148,060
359,140
TOTAL ASSEfs LESS CURRENT LIABILITIES
2.445,918
2,908,720
NET ASSETS
2,445.918
2,908,720
FUNDS
Unrestricted funds
li
2,445,918
2,908.720
TOTAL FUNDS
2.445,918
2,908,720
The
Ina
cial tatements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by..
S Kinsella Trustee
The notes form part of these financial statements
Page 6

Laura Klnsella Foundation
Cash Flow Statement
for the Year Ended 5 April 2023
2023
2022
Notes
Cash flows from operating artivities
Cash Benerated from operations
1312,2471
1266.7521
Net cash used in operating activities
1312,2471
1266,7521
Cash flows from investing activitles
Purchase of fixed asset investments
Sale of fixed asset investments
Interest received
1932,9831
1,025,818
6,197
1769,7111
1,085,587
9,686
Net cash provided by investing activities
99,032
325,562
Change in tash and cash equivalents In
the reporting period
Cash and cash equivalents at the
beginnin8 of the reporting period
1213,2151
58,810
314,460
255,650
Cash and cash equfvalents at the end
of the reporting period
101,245
314,460
The notes form part of these financial statements
Page 7

Laura Kinsella Foundation
Notes to the Cash Flow Statement
for the Year Ended 5 April 2023
RECONCILIATION OF EXPENDITURE TO NET CASH FLOW FROM OPERATING AcfiviTIES
2023
2022
Net expenditure for the reporting period las per the Statement of
Financial Activities)
Adjustments for:
Losses/lgainl on investments and reorganisations
Interest received
Increase /ldecreasel in creditors
Increase in debtors
1462,8021
178,6661
158,888
16,1971
12,1361
1166,6521
19,6861
552
112,3001
Net cash used in operations
1312,2471
1266,7521
ANALYSIS OF CHANGES IN NET FUNDS
At 6.4.22
Cash flow
At 5.4.23
Net cash
Cash at bank
314,460
1213,2151
101,245
Total
314,460
1213,2151
101,245
The notes fomi part of these financial statement5
Page 8

Laura Kinsella Foundation
Notes to the Financial Statements
for the Ye?r Ended 5 April 2023
ACCOUNTING POLICIES
Basi5 of preparlng the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
(effective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements
have been prepared under the historical cost convention, with the exception of investments which
are included at market value, as modified by the revaluation of Certain assets.
Income
All income is recognised in the Statement of Financial Activities once the charity ha5 entitlement to
the funds. it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expen(liture is
accounted for on an accruals basis and has been classified under headings that aggreBate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have
been allocaled to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a
commitment but not accrued as expenditure.
Charitable activlties
The charity undertakes its charitable activities through grant making and awarded grants to a
number of individuals and institutions in furtherance of its charitable activities.
Governance costs
Governance costs comprise all costs involving the public accountability of the charity and its
compliance with regulation and good practice. These costs include costs related to statutory
examination and legal fees together with an apportionment of overhead and support costs.
Allocation and apportionment of costs
All sijpport costs have been allocated to charitable activities.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of
the Trustees.
Page 9
continued...

Laura Kinsella Foundation
Notes to the Financial Statements- continued
for the Year Ended 5 April 2023
ACCOUNTING POUCIES - continued
Fund accountlng
All funds are unrestricted funds.
DONATION5 AND LEGACIES
2023
2022
Donations
445
445
INVESTMENT INCOME
2023
2022
UK Dividends
Foreign Dividends
Foreign deposit interest
Fixed interest
10,932
16,149
4,335
1.862
9,300
7,442
6.055
3,631
33,278
26,428
GRANTS PAYABLE
2023
2022
Grants to institutions
Grants to individuals
306,193
5,425
230,224
16,734
311,618
246,958
Page 10
continued...

Laura Klnsella Foundatlon
Notes to the Financial Statement5 - continued
for the Year Ended 5 April 2023
SUPPORT co¥rs
Governance
costs
Other
Totals
Investment management costs
Other resources expended
18,296
3,787
18,296
7,313
3,526
3,526
22.083
25.609
Support costs, included in the above, are as follows..
2023
2022
Investment
management
costs
Other
resources
expended
Total
activities
Total
activities
Sundries
Administration support fees
IT support costs
Investment management fees
Legal fees
Accountancy fees
3,316
3,316
2,617
295
208
20,438
210
210
18.296
301
3,486
18,296
301
3,486
3,065
18,296
7,313
25,609
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 5 April 2023 nor for the
year ended 5 April 2022.
Tru5tees' expenses
The sum of £3,316 in respect of various expenses related to charitable activities on behalf of the
Charity were incurred by Trustees.
Page 11
continL¢ed...

Laura Klnsella Foundation
Notes to the Financial Statements - continued
for the Year Ended 5 Aprll 2023
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donations and legacie5
445
Investment income
26.428
Total
26,873
EXPENDITURE ON
Charftable artivities
272.191
Total
272,191
Net gains/llossesl on investments
166,652
NET INCOMEIIEXPENDITURE)
178,6661
RECONCILIATION OF FUNDS
Total funds brought forward
2,987,386
TOTAL FUNDS CARRIED FORWARD
2,908,720
Page 12
continued...

laura Kinsella Foundation
Notes to the Finantial Statements- continued
for the Year Ended 5 April 2023
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 6 April 2022
Additions
Disposals
Revaluations
2,549,580
932,983
11.104,2831
180,4221
At 5 April 2023
2,297,858
NET BOOK VALUE
At 5 April 2023
2,297,858
At 5 April 2022
2,549.580
There were no investment assets outside the UK.
C05t at 5 April 2023 is represented by total cost of £1,996,785.83.
DEBTORS
2023
2022
Amounts falling due within one year..
Other debtors
25
25
Arnounts falling due after more than one year..
United Authors loan
Subscription Rooms loan
30,OCX)
20,000
30,000
20.000
Aggregate amounts
50,025
50,025
Page 13
continued...

Laura Klnsella Foundatlon
Notes to the Financial Statements- continued
for the Year Ended 5 April 2023
io.
CREDITORS: AMOUNTS FALLING DUE INITHIN ONE YEAR
2023
2022
Other creditors
3,210
5,345
ii.
MOVEMENT IN FUNDS
Net
movement
in funds
At
5.4.23
At 6.4.22
Unrestritted funds
General fund
2,908,720
1462,8021
2,445,918
TOTAL FUNDS
2,908,720
1462,8021
2,445,918
Net movement in fund5. included in the above a￿ as follow5..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unre5trirted funds
General fvnd
33,278
1337,1921
1158,8881
1462,8021
TOTAL FUNDS
33,278
1337,1921
1158,8881
1462,8021
Comparatives for movement in funds
Net
movement
in funds
At
5.4.22
At 6.4.21
Unrestricted funds
General fund
2,987,386
178,6661
2,908,720
TOTAL FUNDS
2,987,386
178,6661
2,908,720
Page 14
continued...

Laura Kin5ella Foundation
Notes to the Financial Statements- continued
for the Year Ended 5 April 2023
ii.
MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resource5
expended
Gains and Movement
losses
n funds
Unrestrlcted fvnds
General fund
26,873
1272,1911
166,652
178,6661
TOTAL FUNDS
26,873
1272,1911
166,652
178,6661
A current year 12 months and prior year 12 months combined position is as follows:
Net
movemer¢t
in funds
At
5.4.23
At 6.4.2021
Unrestrirted funds
Ger¢eral fund
2,987,386
1541,4681
2,445,918
TOTAL FUNDS
2,987,386
1541,4681
2,445,918
A current year 12 months and prior year 12 months combined net movement in funds, included in
the above are as follows..
Incoming
resources
Resources
expended
Gains and
losses
Movernent
in funds
Unrestricted funds
General fund
60,151
1609,3831
7,764
1541.4681
TOTAL FUNDS
60,151
1609,3831
7,764
1541,4681
Page 15
continued.

Laura Klnsella Foundation
Notes to the Financial Statements - continued
for the Year Ended 5 April 2023
12.
RELATEO PARTY DISCLOSURES
The total sum of £45.435 was donated during the year to Clean Up The Internet a not for profit company of
which the trustee Mr S Kinsella is a co-founder. Mr S Kinsella is also a co-founder and deputy chair of Law
for Change and REPRIEVE respectively, organisations supported by the Charity. The amounts donated were
£50,000 and £20,000 respectively.
Page 16

laura Kinsella Foundation
Detalled Statement of Financial Activities
for the Year Ended 5 Aprll 2023
2023
2022
INCOME AND ENDOWMENTS
Donations and legacies
Donations
445
445
Investment income
UK Dividends
Foreign Dividends
Foreign deposit interest
Fixed interest
10,932
16,149
4.335
1,862
9,300
7,442
6,055
3,631
33,278
26,428
Total incomlng resources
33,278
26,873
EXPENDITURE
Charitable artlvities
Grants to institutions
Grants to individuals
306,193
5,425
230,224
16,734
311,618
Finance
Bank charges
246,958
Other
Subscriptions
Meetings expenses
866
5,593
6,459
Support costs
Other
Sundries
IT Support fees
Administration support fees
3,316
210
2,617
208
295
3,526
3,120
Governance costs
Investment management fees
Carried forward
18.296
18,296
20,438
20,438
This page does not form part of the statutory financial statements
Page 17

Laura Klnsella Foundation
Detailed Statement of Flnancial Activities
for the Year Ended 5 April 2023
2023
2022
Governance c05ts
Brought fO￿ard
Legal fees
Accountancy fees
18,296
301
3,486
20,438
3.066
22,083
23,504
(Profit) / Loss exchange rates
16,497}
11,3941
Total resources expended
337,192
272,191
Net expenditure before gains and losses
1303,914} 1245,3181
Realised recognised gains and losses
Realised gains/llossesl on fixed asset
investments
238.431
23,609
Net expendlture
165,4831 1221,7091
This page does not form part of the statutory financial statements
Page 18