CHARITY COMMISSION FOR ENGLAND AND WALES PH Media Group Foundation Trustees, Annual Report for the period: 0110112024 to 3111212024 Charity registration number: 1150920 Objectives and Activities The objective of PH Media Group Foundation (the Charity) is to benefft the public by supporting charities (cy organisations that further a charitable purpose or purposes) whose aims include: the relief or prevention of poverty; the relief of those in financial need, hardship or distress,- the relief of sickness or disease; and at the discretion of the trustees lo further such other charitable purpose or purposes (charitable under English law) as they see fit from time to time. In setting the objectives and activities of the Charity the trustees have given regard to the Charity Commission guidan￿ on public benefrt. Achievements and Performance In the year the Charity made payments of £45k to national and local charities In the UK and a further £61k to intemational charities. The beneficiaries included the Mind. Shelter, Shriner's Hospital for Children, The People's Music School. The Cancer Council NSW and The Movember Foundation. These charities were nominated by PHMG staff and reflect the Charity's aim of benefiting a broad range of causes across society as a whole. The Charity's principal source of funds are Please Hold Media Group (PHMG) and the Company's staff who were responsible for the £105k of donations in the year. Financial Review The Charity collected donations in the year of £105k and made payments of £106k resulting in a planned deficit of £1 k. The defiGit for the period reduces the Foundation's reserves to £172k. At the year end the Charity held cash funds of £172k. The Charity does not have a reserves policy as the intention of the Charity is to distribute all receipts in line with the stated objectives. The balance of £172k held at the end of the reporting period arises from the timing of receipts and payments, and will be fully distributed in subsequent a¢￿unting periods. At the signing date of this report the Charity had made payments to other charities in 2025 of £76k reducing the surplus cash held. The Charity does not fa￿ any uncertainty regarding its going concem status. The Charity has no material costs, therefore the reserve balance held would be sufficient to sustain the activities of the Charty for a period of at least 12 months frorn the date of this report. CHARITY COMMISSION FOR ENGLAND AND WALES Structure, Governance and Management The Charity's organisation type is a Trust and the Charity is governed by a Tnjst Deed dated 2110212013. The trustees of the Charity are appointed by the directors of PHMG. Reference and Administrative details Charity name: PH Media Group Foundation Other names used". PHMG Foundation (working name) Registered charity nurnber: 1150920 Principal address: Oakland House Talbot Road Old Trafford Manchester M16 OPQ Names of the charity trustees who manage the charity Trustee name Chris Berisford Jason Daye Office Trustee Trustee Dates acted Whole year Whole year Name of appointing body PHMG board of directors PHMG board of directors The Charity did not employ any staff during the period. Funds held as custodian trustees on behalf of others The Charity held no funds on behalf of others and no funds were held by trustees on behalf of the Charity. Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees: Signature c/-/i' Full name Position Date Chris Berisford Trustee 1611012025 CHARITY COMMISSION FOR ENGLAND AND WALES h.3ri ame PH Medla Group Foundation IuTiber 1150920 Receipts and payments accounts CC16a Forthe period from To 01101r2024 3111212024 Section A Receipts and payments Unrestrictsd funds RestTiCted funds Endowment funds Total funds Last year to th¢ neam8t £ to nurest£ to the nearp5t £ tothe nearpst £ to thè nÈartst £ A1 Recei DonatiDAS in 104.838 104,838 73,630 Sub total (Gross income for AR) 104838 104 73.830 A2 Asset and Inveslment sales, (see table). Sub total 104,838 104W8 73,630 A3 Payments Bank charges D¢￿￿tirA)s ¢￿t io 26,594 106.162 106.162 Sub total 106.162 If*.162 26,804 A4 Asset and investment purchases, (see tsble) Sub total 106.162 106.162 26.604 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 1.324 1,324 47,026 173.278 171.954 173,278 171.954 126,252 173,278 CCXX Rl accounts ISS) 1611012025 Section B Statement of assets and liabilities at the end of the period Unrestricled funds Restricted fund$ to nèarnst£ Endowment funds to noarnst £ Categories Detalls to nearest £ B1 Cash funds Cash 171,954 Total cash funds 171.954 actowK511 Unrestricted funds to ngargst £ Restrlctsd funds to nèarest £ Endowment funds to nearest £ Details Fund to whrch asset belon Cost loptionall Current value {QPtiona4 Details B3 Investment assets Fund to whleh asset balongs Detalls Cost loptlonal) Cuffent valug {oplionall B4 Assets retained for the charity's own use F¥nd towhi¢h liability relate5 Amount duo loptionall Whèn dut loptlonal> Details B5 Llabilltles Signed by one or two Iwstees on behalf of all the trustees Signature Pnnt Name Date of proval lo CCKK R2 accounts ISSI Independent examinerfs report to the trustees of 'PH Media Group Foundation, Trust I report on the accounts of the Trust forthe year ended 31 December 2024, which are set out on pages 3and4. Respective responsibilities of trustees and examiner The chariV5 trustees are responsible for the preparation of the accounts. The charitf s trustees consider that an audit is not required for this year under section 144(21 of the Charities Act 2011 (the 2011 Act) and that an independent exzmination 15 needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act to follow the procedures laid down in the general Directions given by the commission under Section 14515)Ib) of the 2011 Act to state whether particular matters have come to my attention Basis of independent examinerfs report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting record5 kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the account5, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view and the report is limited to those matters set out in the next statement. Independent examinerfs ststement In connection with my examination, no matter has come to my attention: 111 which gives me reasonable cause to believe that in any material respect the requirements: to keep accountin8 records in accordance with section 130 of the 2011 Act and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met or {2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Name., Address: Date: Lucy Richardson 2 Cooke Pla￿, Salford, M5 3U 16/1012025 Signed: