Docusign Envelope ID.. 30F59CCF£E82418&9tKE45792E4E280A Charity number: 1149025 THE IAN & NATALIE LIVINGSTONE CHARITABLE TRUST UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Docusign Envelope ID.. 30F59CCF£E82418&9tKE45792E4E280A THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST CONTENTS Page Rof•rnn¢o and admlnlstrative dotall$ of th• ¢harlty. Its Tntsteos and advl$•rs Trustses. report Independent examinerfs r8POrt ststom•nt of flnanclal a¢tlvrtlo8 Balancè 8h••t Notes to the financlal statements 8-17 Docusign Envelope ID.. 30F59CCF£E82418&9tKE45792E4E280A THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees lan Livingstone Natalie Livinostone Mark Levitt Charity registsred number 1149025 Prln¢lpal offic• 16 Great Queen Street Covent Garden London WC2B SAH Accountants Blick Rolhenberg Limrted Chartered Accountsnls 16 Great Queen Street Covent Garden London WC28 SAH Ind•p•nd•nt Examln•r Pela Parker FCA LevAs Golden LLP Chartered Accountsnts 40 Queen Anne Street London W1G9EL Bankorn Coutts & Co 440 The Strand London WC2R OQS Page 1 Docusign Envelope ID.. 30F59CCF£E82418&9tKE45792E4E280A THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report together with the financial slatements of The lan & Natalie Livingslone Charitable Trust for the year 1 April 2024 to 31 March 2025. The financial statements have been prepa￿￿ in accordance with the a¢￿UntIng policies sel out in note 2 to the financial statements and comply the chariWs Trust Deed, the Charities Act 2011 and the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applKable in the UK and Republic of Ireland IFRS 1021. Objectivos and activities a. Poll¢l•$ and oblectlv•8 The charity's objects are focused on the support of charities whose focuses are on children and disadvantaged groups. There ha5 been no change In this during the year. Public 8gnefit In compliance with Section 17 of the Charities Act 2011. the chanty continued to support charities whose focu5es are on children and disadvantaged gTOUPS. This was achieved through grants made lo various inslilulions connected with Children's and youth's welfare as dixlosed In Note 4 to the financial slalements. The Iru$tee$ have paid due regard lo guidance issued by Ihe Charity Commission in deciding what activities the charty shoultj undertake. 11 is the policy of the Trustees lo make grants lo a vnde range of charitable bodies, focusing on children and disadvantaged groups which are registered %wth the Charity Commission for England and Wales, or are exempl charities within the meaning ol the Chanties Act 2011. Grant applicab.ons of up lo £250,000 wll be considered and may be made towards revenue, ¢apital or project expenditure. Applications from individuals seeking personal support will not be considered. A¢hlev•ments and perf¢m)ance a. Main a¢hiev•m•nts of tho charity During the year, the chanty continued its support of young Londoners and other disadvantaged group charities by making major grants awarded to Chabad Jewish of £50,000 and Lrtue Village HQ of £121.500. Total grants awarded by the charity during the year amounted lo £215.500 12024." £357,487>, representing 65% 12024." 128%) of incoming resources. Income from donations and legacies during the year amounted to £330.40912024.' £279,305) which induded Gift Aid claim receivable during the year of £44.221 12024.. £55.7611 and gifts in kind of £3,00012024.' £3,000). Flnan¢lal r•vlew a. Going concern The charity's total funds were in defiat by £1,84612024'. £107,875), which is covered by future donations from lan Livingstone. After making enquiries, the trustees have a reasonable expectation that the charity has adequate re50urce5 to continue in operational existence and meet ils liabilities as they fall due for the foreseeable future. This spans a period of al least Iwelve month5 from the dale these financial 5talement5 were approved. Accordingly. they continue to adopt the going ￿nCeM basis in p￿paring the financial statements. Page 2 Docusign Envelope ID.. 30F59CCF£E82418&9tKE45792E4E280A THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 b. Reserves policy It is the policy of the charty that unrestricted funds have not been designated for a specific use should be maintained at a level equivalent to ￿ month's expenditure. The trustees consider that reserves at this level wll ensure that, in the event of a significant drop in funding, they wll be able lo continue the charity's current activities while consideration 15 given to Vfdys in which additsonal fund5 may be raised. Al 31 March 2025 the reserves amount was a defi¢i( of £1.846. The Trustees are aware that the reserves al the reporbng date do not meet the Criteria of the reseNes policy. Ho￿Ver. the Trusteees are of the opinion that they wll maintain the required level of reserved in luture years. ¢. Prlnclpal r18ks and un¢•rtalntl•$ The Iruslees have assessed the major risks to vthich the chanty is exposed, and are satisfied that 5y5tems are in place lo mits'gale exposure lo the major risks. d. Princlpal fvnding The charity's income is made up primarily of donations and gfft aid daims. Governance co81s related to independenl examinerfs fees. The chorily recorded a net surplus of £106,02912024'. deficit of £87,932) for the year. e. Flnan¢lal rgvl•w The Statement of financial aetivilies sel out on page 6 of the finanual stslements shows how the Trust'g incoming resources have been expended in the year ended 31 March 2025. Total in¢oming resource$ amounted to £330,40912024.' £279,305), which comprised income from donations. Resources expended amounted lo £224,380 {2024.. £367,237), £215,500 12024.. £357,4871 defrayed in making grants and £8.88012024." £9.7501 on govemance costs. Overall, the nel increase in fvnds for the year wa$ £106,02912024'. net decrease of £87,9321. The statement of financial position set out on page 7 of the finanaal statements shows the financial position of the Trust al 31 March 2025. Nel current assets amount lo £65.65412024." nel current liabil￿e$ of £17.8751 vknich is represented by debtors of £44,221 12024.. £55.7811 plus cash at bank and in hand of £80.18812024'. £5,759), less current liabilities of £58,75512024.' £79,395). Total nel Iiabililie5 amount lo £1,846 12024". £107.8751 which is represented by the closing balance on the unrestricted funds after tsking into consideration the donations payable after more than one year of £67,500 12024. £90,000). Structure. governance and management a. Constitution The ¢harty was estsblished by a charitable Trust Deed dated 9 May 2012 and ￿giSte￿d on 20 September 2012, and is an unincorporated charitable trust bound by the proper law of England and Wales. The settlors are lan and Natslie Livingstone. Page 3 Docusign Envelope ID.. 30F59CCF£E82418&9tKE45792E4E280A THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure. governance and management (continued) b. Methods of appolnlm•nt or •lKtlon of Trusts•$ The Iruslees ￿0 served during the year and up lo the date of signature of the financial statements were.. lan Livingsltsne Natalie Livingstone Mark Levitt The power of appointing new or addth.onal trustees ve51s v￿h the existing trustees and they must be appointed by a resolulitsn ol the Trustees passed al a special meetsng called under Clause 15 . There musl be al least two Trustees and no more than four Trustees. e. Organl8atlonal structure and declslon4naking pollcle¥ The entire resources of the charity are unreslricted and the trustees have complete discretion for their us8. The trustees meet al property convened meetings to review the assets and finances of the charity and lo consider new donation appeals. There are no significant restrictions in the way the charity can operate and there have been no changes of policy since the signing of the Twsl Deed. The Iruslees, investment powers are unrestricted. d. Poll¢S0s adopted for the Indu¢tlon and tralnlng of Tru$te•$ Training of the trustees, is undertaken on an infomal basis. Each new Trustee upon his or her first appointment will be given a copy of the Trust Deed an(J any amendments lo it. as well as a copy of the Charity's lalesl report and statement of a¢counls. All Iruslees are kept infonned at meettngs of their duties and obligations under the law in addition to their proper conduct. Plans for futur• poriod$ The trustees have no plans to change the chanty's activities. Approved by order of the members of the board of Trustees arKI signed on their behalf by.. lan Livingstone Dale.. 08-Oct-25 | 14."06 BST Page 4 Docusign Envelope ID.. 30F59CCF£E82418&9tKE45792E4E280A THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST INOEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent examiner's report to the Trustees of The lan & Natalie Livingstone Charitable Trust Ilhe charity'l I report to the trustees on my examination of the financial statements of The lan & Natalie Livingstone Charitable Trust I'the charity'l for the year ended 31 March 2025 which comprise the Ststement of Financial Aclivilies, the Balance Sheet and related notes. This ￿port is made solety lo the charity's trustees. as a body. in a¢cordan¢e vrfrth se¢b"on 145 of the Charities Act 2011. My work has been undertaken so that I might stste to the charity's trustees those matters l am required to state to them in this ￿port and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charty's trustees as a body, for my work, for this report, or for the opinions I have formed. Rosponslbllltlos and basls of report As the Trustees of the eharity you are responsible for the preparation of the accounts in accordance wth the requirernenls of the Charities Act 2011 Ilhe 2011 Act'i. I report in respect of my examinalion of the charitys accounts carried out under seth'on 145 of the 2011 Act and in ¢arrying out my examination I have followed the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. An independent examinabon does not involve gathering all the evidence that would be required In an audit and consequently does not cover all the matters that an audrtor consi¢Jers in giving their opinion on the financial statements. The planning and conduct of an audrt goes beyond the limited assurance that an independent examination can provide. Consequently l express no opinion as to whether the financial statements present a 'Irue and fair, view and my report is limited to those specifK matters set out in the independent examiner's slalemenl. Independent examlner'$ ststem•nt Since the trust's gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145 01 the 2011. 1 Confirm that l am qualified to undertake the examination because l am a member of ICAEW. which is one of the listed bodies. I have cornpleted my examinatson. I confirm that no material matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect.. accounting records We￿ not kept in respect of the charity as ￿qUired by section 130 of the 2011 Act,. or the accounts do not accord with those records,. or the accounts do not cofflply Y￿th the applicable requirements conceming the form and content of accounts Sel out in the Charities {A¢¢oun15 and Reports) Regulations 2008 other than any requirement that the accounts give a true and fai¢ view which is not a matter considered as part of an independent examination. I have no concern5 and have come across no other matters in connection with the examination lo which attention should be dravm in thi5 report In Order lo enable a proper understanding of the financial slalemenls lo be reached. Signed.. Pela Parker Dated.. 9 (ktober2025 FCA Lews Golden LLP Chartered Accountants 40 Queen Anne Street London W1G 9EL Page 5 Docusign Envelope ID.. 30F59CCF£E82418&9tKE45792E4E280A THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST STATEMENT OF FINANCIAL ACTwillES FOR THE YEAR ENDED 31 MARCH 2025 Unrnstricted funds 2025 Total funds 2025 Total funds 2024 Nots Incomè from: Donations and legacies 330.409 330,409 279,305 Totsl In¢omo 330.409 330,409 279,305 Expendlture on: Charitable acliwtses 224.380 224,380 367,237 Total oxpondlture 224.380 224,380 367,237 N•t movomtnt In funds 106.029 106,029 187,9321 Reconclllatlon of funds: T¢lal funds brought forward Nel movement in funds 12 1107.875) 106.029 1107,8751 106,029 119,9431 187,9321 Total funds carrlod for￿rd 11.8461 11,8461 1107,8751 The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 8 to 17 fom part of these financial stslements. Page 6 Docusign Envelope ID.. 30F59CCF£E82418&9tKE45792E4E280A THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST BALANCE SHEET AS AT 31 MARCH 202S 2025 2024 Mole Current assets Debtors Cash at bank and in hand 44,221 80,188 55.761 5,759 124,409 61,520 Current Ilabllltlos Creditors.. amounts fallin9 due within one year 10 158,75SI 179,3951 Ngl ¢urr•nt a$s•ts I1Sabilits$ 65,654 117,8751 Total a880ts l襥 ¢urrent1Sabilltles 65,654 117,8751 Creditors.. amounts falling due after mo than one year 167,5001 190,0001 Total not 11ablll￿è$ 11,8461 1107,8751 Charlty fund$ Unreslri¢ted funds 12 11,8461 1107,8751 Total fund# 11,8461 1107,8751 The financial ylalemenls were approved and authorised for issue by the Trustees and yigned on their behalf by.. lan Living5tono Dale.. 08-Oct-25 | 14..06 BST The notes on pages 8 to 17 fomi part of these financial statements. Page 7 Docusign Envelope ID.. 30F59CCF£E82418&9tKE45792E4E280A THE IAN & NATALIE UVINGSTONE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Gonoral inforn)ation The lan & Natalie Livingstone Charitable Trust is an unincorporated charity registered in England and Wale5 wlh charity number 1149025. The piincipal address is 16 Great Queen Street, Covenl Garden, London. WC28 5AH. The financial statements are presented in Sterling 1£), vthich is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. Accounting policiès 2.1 8asis of proparation of financial statemonts The financial statements have been p￿pared in accordanee with the Charities SORP IFRS 1021 Accounting and Reporting by Charrties." Slalement of Recommended Practice applicable lo charities preparing their financial ststements in accordance wth the Financial Reporb'ng Standard applicable in the UK and Republic of Ireland IFRS 102112nd Edition. effective January 20191 I'charities SORP"), the Financial Reportin9 Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial slalemenls have been prepared lo give a 'lrue and fair, view and have departed from the Charitie$ (Accounts and Report$l Regulabons 2008 only lo the extent required to provide a 'lrue and fair view,. This departure has involved lollowng the relevant version of the Statement of Recommended Practice applicable to charities preparin9 their financial statements in accordance with the Financial Reporting Standard applicable In the UK and Republic ol Ireland IFRS 1021 rather than the Accounting and Reporting by Charities.. Stslement of Recommended Practice effective from 1 April 2005 v4hich has since been wth¢Jrawn. The lan & Natalie Livingstone Charitable Trust meets the definition of a public benefit entity under FRS 102. Assets and li8bilities a￿ initially recognised at historical cost or Iransadion value unless Othe￿1$e staled in the relevant accounting policy. 2.2 Golng conc•m The charity's total funds were in defi¢rt by £1.846 12024.. £107,875), which is covered by future donations from lan Liwngslone. After making enquiries. the Iruslees have a reasonable expectation that the Chanty has adequate ￿$oUrCeS to ￿ntinUe in operational existence and meet ils liability'es as they fall due lor the foreseeable future. This spans a period of at least ￿e1ve months from the date these financial ststements were approved. Accordingty, they continue to adopt the going concern basis in Preparing the financial statement5. 2.3 Income All income is recognised once the charity has entiuement to the income. it is probable that the income Mll be received and the amount of income receivable can be measured reliably. Income tax recoverable in relation lo donat￿￿5 received under Grfl Aid or deeds of covenant 15 recognise