Cb*rity Registration No. 1153738
Company Registered No. 08636434
HMRC No. EW40609
THE ALLEN & OVERY FOUNDATION
(a company limited by guarantee)
Annual Report #nd Finaneial Ststemettts
For the year ended 30 April 2021
*JAJIA%JH*
17112r2021
COMPANIES HOUSE
COMPANIES HOUSE
BELFAST
17 DEC 7021
RECEPTION JEfK

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APIUL 2021
CONTENTS
Page
Refe￿nce and AdTninistration Information ............................................................................................
Trustees, Report...................-.-...-..-....-.......
Independent auditors. report to ihe mewnbers of The Allen & Overy Foundation...
Staiemeni of Firbancial Activities (Includin8 the Income and Expenditure Account) .
13
Sraiement of Financial Position...............................................................................................-............ 14
Statement of Cash Flows...........
15
Notes lo ihe Financial Staiements.
16

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRA TION NO. 1153738
COMPANY REGISTRATION NO. 08636434
REFERENCE AND ADMINISTRATION INFORMATION
FOR THE YEAR ENDED 30 APIUL 2021
Trustees
H van der Baan
A H Clist
B Hannigan
M E Johnston
M J Mansell
P J Mansfield
JMPage
A van der Pauw
F J R&n¢ro
A R Wedderburn-Day
(Appointed 6 August 2020)
(Appointed 9 July 2020)
(Resigned I S June 2020)
(Appointed 6 August 2020)
Registered Address
One Bishops Square
London.
EI 6AD
Bankers
National Westminster Bank pl¢
49 Bishopsgate
London
EC2N 3AS
Solieitors
Allen & Overy LLP
One Bishops Square
London
EI 6AD
Independent A￿dItorS
Pri¢¢wat¢rhouseCoopers LLP
charter￿ Ac¢ountanis and Ststutory Auditors
M¢r¢hant Square
20-22 Wellington Place
Belfast
BTI 6GE

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2021
The trustees of The Allen & Overy Foundation (the Foundation). who are a150 directors for the
Purposes of the Componies Act 2006 (the Aet). present their report together with the audited financial
statements for the year ended 30 April 2021 and for the comparative period being the year ended 30
April 2020. The trustees have adopted the provisions of the Aci and the Statement of Recommended
Practice: Accounting and Reporting by Charities (Chlrities SORP).
Reference and administrAtive information
The Foundation is registered with the Charities Commission (Charity Number= I153738)- is a company
limit¢d by guarantee registered in England (Company Number.. 08636434). and is also recognised as a
¢harity by HM Revenue and Customs (EW40609).
The information wilh respect to officers and professional advisers set out on page I fomis part of this
report.
Struetur¢* governance attd management
The Foundation is a charitabl¢ ¢ompany limited by guarante¢.
The trust¢es of the Foundation who served throughoui the financial year and up to the dat¢ of signing
th¢ financial statements, except as noted, were:
H van der Baan
A H Clist
B Hannigan
M E Johnston
M J Mansell
P J Mansfield
JMPage
A van der Pauw
F J Ranero
A R W¢dderburn-Day
(Appoinied 6 August 2020)
(Appointed 9 July 2020)
(Resigned 15 June 2020)
{Appointed 6 August 2020)
The Foundation and the appointmeni and retirement of trnstees are governed by its Memorandum and
Articles of Association (as amended).
New trusl¢¢s are provided with guidance and training in relation to.. Ihe conl¢nt of the Memordndum
and Articles of Association. sub-committee tenns of reference, decision-making processes, the
objectives, policies and recent financial performance of the Foundation. All new trust¢es are 8iven the
opportunity to meet key personnel and oih¢r trustees ￿ discuss th¢ activities ofthe Foundation. Trustees
are provided with appropriate external trdining and updates where this will fa¢ilitat¢ the undertaking of
their role.

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHAIUTY REGISTRATION NO. 1153738
COMPANY REGISTRATION INO. 08636434
TRUSTEES, REPORT FOR THE YEAR ENDED 30 APIUL 2021 {CONTINUED)
Risk ststement
The irustees acknowledge their responsibility in relation to risk management and in a￿ordanCe with
the Foundation's risk management ￿licY, they seek to identify potential risks Ihat the Foundation may
encounter in ihe delivery of ils charitsble aims, including when granl-making. fundraising or
undertaking new initiatives.
The trustees identify risks by= {1) looking at the Foundation's objectives. mission and Stra￿gy. and (li)
¢onsid¢ring oiher factors such as= changes to the legislation. the Foundation's reputation. previous
problems encountered by the Foundaiion- and the risk management strategies of comparable charities.
All risks identified by the trustees are recorded on a risk register which is reviewed annually. li¢ms
which are considered to b¢ higher risk are subject to constant review.
During the financial year. the trustees have identified oversea5 charities- financial stability of recipients.
reputaiional risks associat¢d with recipienis and th¢ impact of Covid-19 on the viability of grants as
risks which should be subject to constsnt review. Such risks are miligated by fin8n¢ial and reputational
due dilig¢n¢¢ ¢ondu¢ted on all ￿1plent$ and maintaining regular communication with recipients.
Financial risk management
The financial risks are bome and wnanaged by Allen & Overy LLP and are disclosed in the publicly
available financial statements of Allen & Overy LLP.
Key performance indicators
Given the strnighrfotivard nature of the business and its principal activities, the trustees ar¢ of the
opinion that analysis using key p¢rfom)an¢¢ indi¢atots is not necessary for an understanding of the
developmen¢ perforniance or wsition of the Foundation.
Objeetives and activities
The Foundation was established with the aim of providing donations for the benefit of any one or more
qualifying charities. In the trustees. opinion. 811 donations have been made to organisations for purposes
which are exclusively charitable and in line with the Foundation's grant making policy outlined on page
4. Funds are generated through donations from Allen & Ov¢ry LLP partners. Key activities undertaken
during the year ar¢ stated within th¢ achievements and perforniance section of this report along with the
short-temi and long-terni plans of the Foundation.
The Foundation has thr¢¢ grants sub-￿MMIttee5 (Global. IA)ndon and Belfast) and each has a particular
focus on a specific geographic location. allowing support to be provided to Iwal communities and its
own reporting requiremenis for its grani¢¢s. These are summarised and reported annually lo the Irust¢es.
The trustees and sulFcommittee members deterTnine success based on the grantee organisations
achieving the objectives agreed in the initial grant agreements. Measures include the number of
b¢neficiaries the grantee organisation has helrKd. the impaci of the work being funded and the use of
funds.
The Fouftdation does not mak¢ us¢ of swial investment and does not have gen¢ral volunteers.

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRATION NO. 1153738
COMPANY REGISTRA TION NO. 08636434
TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2021 {CONTINUED)
Publie benefit reporting
The tru51ees have be¢n advised ofthe guidance contained in the Charity Commission's general guidance
on public ben¢fil when reviewing the Foundation's aims and objectives and in planning ils future
activities. In particular. the trustees consider how planned activilies will contribute to the aims and
objectives it has set.
Gr*nt mAking policy
The Foundation's grant making policy is sei io enable ihe Foundation to achieve its aims. The
Foundation's policy 15 to support charitable causes associated with providing relief in response to
national or international disasters. advancing access to justice- advancing access to education and
employment. and in ex¢¢ptional Cases, providing relief to those in need generally. as well as other
causes which are associated with the pro-bono programme of the partners and staff of Allen & Overy.
Applications for fijnding are considered at sub-committe¢ meetings.
A¢hievemenls and perfornianee
The Foundation received £1.621.313 (2020: £1.842.847) of donalions in ihe year and mad¢ gifts to
charities of £1,487,961 (2020= £1.445.551) during the financial year.
The most significant grnntee during the financial year was Hope and Homes for Children. 8 charity that
works to end institutional care of children. The Foundation donated £373.787 (2020= £339,761).
Throughout the year. Allen & Overy LLP and the Foundation provided extrn support to Hope and
Homes for Children to deal with the effects of the Covid-19 pandemic - in particular with the dual
threats of children being driven into instilulions in large numbers al the same time as panic closure of
orphanages, forcing thousands of vulnerdble children back into families with no plannin& preparation
or oversi
By extending the partnership and funding. the Foundation has helFKd Hope and Homes for Children lo
reach 150.230 children during the year. keeping them safe. paying rent for families at risk of eviction,
providing food and medicines. deploying frontlÈne sccial workers to respond to a surge in domesti
violen¢e and protecting children at risk of being sexually exploited or tra￿iCked itlto forced labour. The
relationship ended in July 2021 and a new two year path¢￿h1P wilh Stre¢t Child UK launched in
S¢pt¢mb¢r 2021.
The Foundation continued its sUPPOrt for those affected by Covid-19 during the year through its Global
grants sul>committee. providing a grant of £25.000 to Gavi COVAX AMC via the Go Give One
¢ampaign. The donation is being used to fund Covid-19 va¢¢ines in lower-income ¢ountrie5. The
Foundation leveraged support from staff and partneTS at Allen & Overy LLP, who raised a further
£12,899 for the campaign.
Additional disaster relief funding was Spent 5UPIM)rting people in the Sahel, Mozambique and the
Central African Republic.

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED B Y GUARANTEE)
CHAIUTY REGISTRATIOIY NO. 1153738
COMPANY REGISTRATION NO. 08636434
TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2021 (CONTINUED)
Aehievements and performan¢e (¢ontinued)
The Global 8rnnts sub-committee also funded five international d¢velopm¢nt charities working in
countries in Africa through its annual grants round of funding. Of these organisation5, 600/0 were
working to increase access to education or employment and the remaining 400/r• were working to
increase a￿eSS to juslice.
The London grants sulKommittee funded 42 chariti¢s during th¢ year across England. £170,OIXI was
directed towards 18 chariiies on the iheme of access to education and employment and £161,000
towards 18 charities on the theme of access lo justice. £21.500 was dir¢ct¢d to fund university students
from low socio-economic backgrounds by way of a bursary. £40.000 represented seven grants to
charities to support Allen & Overy employees who have made a significant contribution. £IOO,000 w
allocated to Allen & Overy's Match Giving Programm¢ to provide Allen & Overy employees with up
to £1,000 per annum for their fundraising effort5.
The Belfast grants sub-committee provided grants to six organisations. with 23ts/0 of funding going to
a¢c¢ss to justice charities and 774/0 to education and employment initiatives.
Financial review and reserves
For the financial year ended 30 April 2021. the Foundation has unrestricted r¢serve5 totallin8 £813.732
(2020.. £679,688). The policy of the trust¢¢s is to maintain funds ihat are available for committed and
emergency grants. The unresiricied reserves will be used t() enable funds to be available for the
Foundation's general purwses. emergen¢y grants and oth¢r uvs¢s. The total balan¢e of gront
ommitments al 30 April 2021 was £375,000 (2020.. £200.000) payable in future years strictly subject
to Certain conditions being met by the b¢n¢fi¢iary. All of th¢ ben¢ficiari¢s hav¢ been infomied.
Investment policy
Whilst the Irusiees have a broad power to invest the Foundation's funds. the majority of funds received
are dispersed by way of grants during the period of r¢c¢ipt. The policy of the trustees is lo invest in
high inierest deposit accounts. The trustees keep the Investment Policy under eonlinual review.
Going concern
The IrU￿eeS have 2 reasonable expectation that the Foundation has adequate financial resources to meet
ils operational needs for a period of ai least one year from the date of approval of the financial statements
and therefore the financial statemenls have been prepared on a going concern basis.
T4xation status
The Foundation is a regislered charity. and as such is entitled to certain lax exemptions on in¢om¢ and
profits from investments. and Surpluses on any trading activities carried on in furtherance of the
Foundation's primary objectives, if these profits and surpluses are applied solely for ¢harilable
purposes. The Foundation is not registered for V AT and a¢¢ordingly. all its expenditure is recorded
inclusive of any VAT incurred.

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2021 (CONTINUED)
Plans for the future
The Foundation plans to cijntinue the grant making policy ￿ferred to above. It has learnt over the past
seven years the value of unrestricted and multi-year funding, and therefore will continue with this
TT]odel.
Additionally, the Foundation would like to explore opportunities to provide additional pro bono and
professional support to its grant¢¢s to enhance their pro8ramm¢ delivery as w¢ll as their operational
¢apacity.
Reco8nisin8 that the impact of Covid-19 has not yet been fully realised, the Foundation remains
committed to res￿nding to grantèes. needs (such as by offering flexibility with grant temis) in the
months ahead.
Currently all grants awarded by the London grants sub-cotnmitt¢e, to charities under the th¢m¢ of a￿¢$$
to education and eTnployment. are ring-fenced to those who operate in. or are based in. Tower Hamlets
or Hackney. The London grants sub-wmmitt¢¢ have a8r¢¢d to lift the geographical r¢stri¢tions for the
Impact for Assessmenl Award. a multi-year grant of £25,000 peT annum for 3 years in 2022.
Whilst London, and in particulaT Tower Hamlets. has the highest percentage of child deprivation in ihe
Country, the attainment gaps in knindon schools is the smallest in the county. Tower Hamlet5 is now
considered a social mobility hotspoL being one of the ten most socially mobile areas of the country.
The focus for the Impact for Assessment Award will take a more national approach. rather than local.
This will also align to Allen & Overy's commitment to social mobility. to do more where possible to
support areas of ne¢d across the world.
Qualifying thÉrd party illdemllity provisioiis
The ultimate parent. Allen & Overy LLP. has entered into qualifying third party indemnity
arrangements for the knefit of all of the trustee dir¢¢lors in a fom and W*pe which comply with the
requirements of the Act. These arrangements were in plac¢ during the financial year and remain in place
as at the date of approval of this trust¢¢s" r¢port.
Exemptions from disclosure
The Foundation has not taken any exemptions trom disclosure.
Funds held as custodian ¢rus¢ee on behalf of others
There are no funds held as cust¢JJian trustee on behalf of others.

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED B Y GUARANTEE)
CHARITY REGISTRATIOIY NO. 1153738
COMPANY REGISTRATION NO. 08636434
TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2021 (CONTINUED)
Statement of trustees, r￿ponSibl11ti￿ in respect of¢he fEn4nci¥l statements
The trustees are respotisibl¢ for preparing the trustees. report and the financial statements in accordance
wilh applicable law and regulations.
CompaJ)y law requires the tru51ees lo prepare financial statem¢nts for ¢a¢h financial y¢ar. The trustees
have prepared the financial statements in accordance with th¢ Aet- lh¢ Charities SORP and Uniied
Kingdom Generally Accepted Accounting Practice (UK GAAP). including Financial Reporting
Standard 102 ' The F1P￿￿ela1 Reporring Standard applicable in ihe UK ap￿ Republ￿ of Ireland,
(FRS102).
Pursuant to the Act, the trnstees must not approv¢ the financial statements unless they are satisfied that
they give a tru¢ and fair view of the stale of the affairs of the Foundation and of the income and
expenditure of the Foundation for that period.
In preparing these financial statements. the Iruslees are required to-
select suitable accounting tK)licies and then apply them consistently.
make judgements and ¢stimat¢s that are rwonable and prud¢nL
state whether ihe applicable United Kingdom accounting standards have been followed. subject
to any material departures disclosed and explained in the financial statements. and
prepar¢ the financial stal¢ments on the going concern basis unless it is inappropriate to presume
that the Foundation will continue in busines5.
The trustees are responsible for keeping adequate accounting reeords that are sutTicient to show and
explain the Foundation's transactions. disclose with reasonable accuracy at any lime the financial
position of the Foundation and to enable the trustees to ensure that the financial statements comply with
the Act. The trustees are also responsible for safeguarding the assets of the Foundation and hence for
t8kin8 r¢asonable steps for the prevention and detection of fraud and other irregularilies.
Statement of disclosure of ittformation to audilors
Each of the persons who is a trusiee at the dat¢ of approval of this trust¢es' reporr confirn)s that..
so far as ihe trustee is aware. there is no relevant audit information of which the Foundation's
auditors are unaware. and
the trustee has taken all reasonable steps that they ought to hav¢ tsken to mak¢ themselves
aware of any relevant audit inforniation and to establish that the Foundation's audiiors are
aware of th￿ information.
This confirmation is given and should be interpreted in accordance with the provisions of section 418
of the Act.

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED B Y GUARANTEE)
CHARITY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
TRUSTEES, REPORT FOR THE YEAR ENDED 30 APRIL 2021 (CONTINUED)
Independent auditors
The independenl auditor. Pricewaterhousecoopers LLP. ha5 indi￿ted its willinw to b¢ r¢appointed.
Approval
Approved by the trustees on 8 December 2021 and signed on their behalf by Franz Ranero.
Franz Ranero
T￿Stee Director
Date.. 8 December 2021

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED B Y GUARANTEE)
CHARITY REGISTRA TION NO. 1153738
COMPANY REGISTRATIOIY NO. 08636434
Independent auditors, report to the me7nbers of The Allen
& Overy Foundation
Report on the audit of the financial statements
Opinion
In our opinion, The Allen & Overy Foundation's firthncial statements {Ihe"financial statemenis'?=
give a true and fair view of the state of the eharitable company's affairs as at 30 April 2021 and of its incoming
resources and application of resources, including its income and expenditure, and cash flows, forthe yearthen
have been properly prepared in accordantt with United Kingdom Generally Accepted Accounting Practlce
(United Kingdom Accounting Standards. comprising FRS J02'The Financial Report2Dg &aEJdard applicable i
the UK and Republic of Ireland-. and applicable law): and
have been prepared in accorda))ce with the requiremenis of the Companies Art 2006.
We have audited the financial statements, included within the Annual Report and Financial Statements {the 'Annual
Report.), which COTnprise.' the 5taternent of financial position as at 30 April 2021.. the 5tstement of financial activities
{induding the income and expenditure account), the $13tement of cash flows for the year then ended,. and the notes to the
financial stateTnents. which include a deSCTiPtion of 5isnificant accountins policies.
Basis for opinion
We conducted our audit in accordanc¢ with International Standards on Auditing (UK) ("ISAs IUK)") and applicable law.
Our responsibilities under ISAS {UKI are further described in the Auditors. responsibilities for the audit of the financial
atern¢nts section of our report. We believe that the auditevidence we have obthined is sutTicient and appropriate io provide
a basis for our opinion.
Independence
We remained independenr of the charitable company in accordance with the ethical r¢quiT¢m¢nts that are relevant to our
audit of the fjnancial 51aiem¢nts in che UK. which includes the FRC'S Ethic81 Standard and we have fulfilled our other
eihical responsibilitie5 in acrordance with these r￿UIrements.
Conclusions relating to going collcer
Based on the work we have perforrned, we have not identified any material uncertainties relating to events or condition5
thaL individually or colleciively. may c&8t significant doubt on the charirable company's abiliry to ￿ntinue as a going
concern for a period of ai Iwt twelve months from ihe dale on which ihe financial statements are authorised for issue.
IE) auditing ihe financial siatements, we have concluded thai the trustees. use of the going concern basis of accounting in
Ihe preparydrion of ihe financial sthtements is appropriate.
However. b¢cau5¢ not all futur¢ events orconditions can be predi¢t¢d. this ¢onclus?on is not a guaranree a5 to the ¢haritable
company's ability to continue as a going concem.
Our responsibilities and the responsibiliiie5 of the trusttts with respect to gotng conctrn are deKribed in th¢ r¢levant
sections of this repon.
Reporting on other infornlation
The other infomation ¢ornpris¢s all of th¢ inforTnation in the Annual Report oiher than the financial ststements and our
audiiors. r¢port th¢r¢on. Th¢ trustees are responsible for ihe other infomation. Our opinion on the financial statements
does noi cover the other information and, accordingly, we do express an audit opinion or. except to the extent otherwise
expliciily st4t¢d in this f¢FrfJrt, any forni of wurane¢ thereon.

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGIST114TION NO. 1153738
COMPANY REGISTRATION NO. 08636434
Independent auditors, report to the members of The Allen
& Overy Foundation (eontinued)
Reporting on other information (eontinued)
In connection with our audit of the financial 5taternen￿ ow re5pon5ibility is to read the oiher inforniation and. in doing so.
onsider whether The other infoTTnation is materially in¢on51St¢nt with ihe financial statements or our knowledge obtain¢d
in th¢ audit. or otherwise appears 10 be materially misstated. If we id¢ntify an appar¢nt material inconsi5t¢n¢y or rnaterial
mi55taternent, w¢ ar¢ required io perforn) procedures io conclude whether there i$ a rnaterial misstat¢rn¢nt of the financial
statements or a material mi55tatement of the other inforniation.
If, b&sed on the work we have performed. we conclude Ih* there is a material misstsiemeni of this other inforniatTron, we
are required to report that fact. W¢ have nothing io report based on these responsibilities.
Based on our work undertaken in the course of th¢ audiL th¢ Cornpanies Act 2(M)6 requires us also to report certain opinions
and matters as described below.
Trustees" Report
In our opinson, bas¢d on the work undertaken in the course of the audil the infomiation given in the Trustees, Report. for
the financial year for which th¢ financial statemenis are prepared is consisteni with the financial s(atemenis.' and the
Trustees, Repon has been prepared in accordanc¢ with appli¢abl¢ legal r¢quir¢m¢nis.
In addition, in light of th¢ knowledge and understanding of the charithble company and its environment obtained in the
course of ihe audit, we are required io report if we have ideniified any maierial MiSs￿leMents in Trustees. Report. We have
nothing io report in this respect.
Responsibilities for the finaneial statements and the audit
R¢spoi)sibilities of the irusiees for the fiiiancial staiements
As explained more fully in the Sthtemeni of tnjsrees. responsibiliiies in respect of ihe financial statements, the tNsiees
(who are also ihe directors of the charitable cornpany for the purposes of company law) are responsible for the preparaliijn
of rhe finaJKial statements in accordance with the appliubl¢ framework and for being satlsfied that they giv¢ a true and
fair view. The trusiees are also responsible forsuch internal control as they detertnine is necessary to enable the prepaTaiion
of financial staiements ihat are free from maierial misststement. wheiher due io fraud or error.
In preparing the financial 5tatem¢nr5. the M￿te¢S are responsible for assessing ihe charitsble company's ability to continu¢
as a going concern, disclosing as appIl￿ble, matters relai¢d to going concern and using ihe going concern basis of
accouniing unless the trus(ees either intend to liquidaT¢ the ¢haritabl¢ company or to cease operations, or have no realistic
alternative but to do so.
Auditors. ￿SponSibl1111¢s for th¢ audit of the financial stateinents
Our objeciives are to obtain reasortable assurance about wheth¢r th¢ fJnan¢ial 5tatem¢nts a5 a whol¢ #r¢ fre¢ fr(bm mat¢rial
rnisststement. whether due to ft3ud or error, and to issue an auditor5. report ihai includes our opinion. R¢a50nable a55uran¢¢
is a high level of assurance, bui is not a guarantee that an audii ¢onduct¢d in acwrdance wilh ISAS (UK) will always dete¢t
a material missiatemeni when li exists. Misstatemenls can arise from fraud or e￿or and are considered material if.
individually or in the awegate. chey could reasonably be expected to influence th¢ econornic decisions of users taken on
Ihe basis of these financial siatemenis.
Irregularilies, including fraud, are instsn¢¢s of I￿￿-¢0mpli4nce with law5 and regulations. We design procedures in line
Wlth our r¢sponsibiliti¢s, outlined above, to detect mar¢rial rnis51alements in respect of irregularities. including fraud. The
extent to which our procedures are capable of deiecring irregularities. including fraud. is detailed below.
Based on our undersianding of the ¢hariiable company. we identified ihai rhe principal risks of non-compliance with laws
and regulations related io data proieciion. employmeni and lax legislation, and we considered ihe ex*nt to which non-
compliance might have a material effeci on the financial statements. We also considered those laws and regulations thar
have a direct impact on the financial ￿atemen[S such as the Companies Act 2£￿6.
10

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHAIUTY RIGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
Independent auditors, report to the meinbers of The Allen
& Ouery Foundation (continued)
Responsibiliti￿ for the financial statements 2nd the audit {continued)
Auditors, responsibilities for the audit of the financial statements (continued)
We evaluated management's incentives and opportunities for fraudulent rnanipulaiion of the financial siaiemen
(including the Tisk of ove￿Ide of controls). and deterniined that the principal risks were related to posting inappropriate
journal entrses to increase profit, inappropriate recognition of revenue and management bias in deiern)ining accounting
estimates. Audit procedure5 performed included..
Evaluation of the design of managemeni's conirols designed io prevent and deteci irregularities.
As5essmeTri ofwhisileblowing mallers reported. and investig￿lOnS perfornied by management (if applicablel-
Identifying and iesting unusual joumal entries, in partscular those journal entries posted with an unusual account
combination,. and
Evaluating and. where appropriaie. challenging assumptions and judgements made by managernent in
determining significant accounting e5timaie5
There are inherent limitations in the audit PTocedures described above. We are less likely io become aware of instances of
non-compliance wilh laws and regulations (h￿ are noi closely relaied to events and transactions reflected in financial
5tstements. Also, Ihe risk of not deteciing a maierial misststement due to fraud is higher (han ihe risk of not deiecting one
resulting from error, &$ fraud may involve deliberate concealmeniby. forexample, forgery or intentional misr¢presentations
or ihrough collusion.
A furth¢r description of our responsibiliiies for the audii of ihe financial statements is located on the FRC'S website at:
www.frt.org.uk/auditorsr¢sponsibiliiies. This des¢ription fomis pan of our auditors. rep￿t.
Use of this report
This reFbOrt, including the opinion5, ha5 b¢en prepared for and only for the charity's members as a body in ac¢ord¥nce with
Chapter 3 of Part 16 of the Compani¢5 Act 2006 and for no other purp05¢. We do not. in giving th¢s¢ opinion5, accept or
assume responsibility for any other purpos¢ or to any oth¢r person to whom this report is shown or into whose hands it may
come save where expressly agreed by our prior ¢ons¢nt ID writing.

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED B Y GUARANTEE)
CHARITY REGISTRA TION NO. 1153738
COMPANY REGISTRATION IYO. 08636434
Independent auditors, report to the members of The Allen
& Overy Foundation (continued)
OTHER REQULRED REPORTING
Companies Act 2006 exception reporting
Under the Companies Act 2006 w¢ ore required ro report to you if, in our opinion..
we have not obtained all the inforn)ation and explanations we require for our audit-, or
adequate accounting records have Dot been kept or return5 adequate for our audit have not been reeeived from
branches not wsited by us- or
rtain disclosures of tw$tees' remuneratiorL specified by law are not made: or
the financial statements are not in ag￿emellt with the accounting records and returns.
We have no exceptions to report arising from this respoiisibility.
Entitlement to exemptions
Under th¢ Compani¢s Act 2006 we are Tequired to Tewrt to you 1£ in oui opinion. rhe trusiees were not entitled to.. tak¢
advantage of th¢ Small cornpanie5 exemption from preparing a Srra(egic Report. We have no excep(ion5 to report arising
from this responsibility.
Brenda Heenan (Senior StatutoryAuditor)
for and on behalf of Pn￿WaterbouSee00pers Ll
Chartered Accountants and Statutory Audito
Belfast
9 tkcember 2021

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHAIUTY REGISTRATION NO. 1153738
COMPANY REGIST114TION NO. 08636434
STATEMENT OF FINANCIAL AcftVITIES (INCLUDING THE INCOME AND
EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 30 APRIL 2021
Total
Unrestricied
Fund$
2021
Tot#1
Unreslricted
Fund$
2020
Note
Income
Donations and legacies
Interest income
,621,313
692
1,842.847
1.552
Total
1,622,005
,844.399
Expenditure
Charitabl¢ activities
1.487.961
1.445.551
To¢al
1.487.961
1,445.551
Net income and llet movement futtds for the
y¢2r
134.044
398.848
Unr¢5tricted Fund balances brought forward
atlMAy
679,688
280.840
Unrestricted Fund balances carried fonvard
at 30 April
813.732
679.688
The notes on pages 16 to 25 are an integral part of these financial statements.
The Foundation has no r¢cognised gains and losses other than the ￿SUItS above and therefore no
separate statement of total changes in equity is presented.
All income and ex￿ndItuTe is derived from continuing activities and is considered to relate to
unrestricted funds.
The net movement in funds of the Foundation for the year was £134.044 (2020.. (£398.848)).

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRA TION NO. 1153738
COMPANY REGIST114TION NO. 08636434
STATEMENT OF FINANCIAL POSITIOIY
AS AT 30 APRIL 2021
2021
2020
Note
Currettt assets
Debtors
Cash ai bank and in hand
265.841
614.891
159.562
554.626
Total eurrent a￿¢¢$
880,732
714,188
Current liabilities
Creditors.. amounts falling du¢ within one year
io
(67.000)
(34.500)
Iyet eurrent a￿e¢S
813.732
679,688
The fund$ of ¢he ¢harity
Unrestricted income funds
13
813,732
679,688
Total charity funds
813,732
679,688
The notes on pages 16 10 25 are an integral part of these financial ￿atementS.
The financial Siatements have been prepared in accordance with the provisions relating to small
companies under Part 15 of ihe Act.
The financial statements on pages 13 to 25 were approved by the trLtstees on 8 December 2021 and
Signed on iheir behalf by Franz Ranero.
Franz Ranero
Trustee Director
Date.. 8 December 2021
14

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUAIL4NTEE)
CHAIUTY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 APRIL 2021
2021
2020
Note
Cash ioflow (rom oper*¢ing a¢tivities:
Net ¢ash inflow from operating activities
60.265
249.286
Change in cash and cash equivalents in the reporting period
Cash and CLsh ¢quival¢nts at the beginning of the reporting period
60.265
554.626
249.286
305,340
Cash and cash equivalents at the ¢nd of the ￿pOrtIng perl
614,891
554.626
Cash 2nd ¢¥sh equiv*leots eoo$ists of:
Cash al bank and in hand
614,891
554.626
Total cash and eash equivglents
614,891
554,626
The notes on pages 16 to 25 are an integral part of these financial statements.

THE ALLEN & OVERY FOUNDATJON
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
NOTES TO THE FINANCIAL ST ATEMENTS
FOR THE YEAR ENDED 30 APRIL 2021
GENERAL INFORMATION
Th¢ Foundation was estsblished to provide donations for the b¢n¢fit of any on¢ or more
qualifying Charities. Funds are generaied through donations from Allen & Ov¢ry LLP pattrers.
The Foundation is a private company limited by guarantee incorporated and registered in
England and Wales with its registered office at One Bishops Square. London. El 6AD.
SUMMARY OF SJGNIFICANT ACCOUNTING POLICIES
The principal accounting policies applied in the preparation of these financial statements are
set out below. These policie5 have been consistently applied to all of the years presented. unless
otherwise stated.
B*sis of preparation
These financial statements have been prepared in a¢¢ordan¢e with the ACL Charities SORP and
UK GAAP, including FRSIO2.
The financial staiewnents have been prepared under the historical cost convention.
The preparation of financial statements in conforniity with FRS 102 rquires ihe use of Certain
critical accountin8 estimates. It also requires the trustees to exercise their judgement in the
pro¢¢ss of applying accounting PKJlicies. The ar¢as involving a higher degree of judgement or
complexity. or areas where assumptions and estimates are significant to the financial
stat¢m¢nts, ar¢ disclosed in note 3.
Going eoneern
The irusiees have a reasonable expeciation that the FoLtndalion has adequate financial resources
to meet its operational needs for a period of 31 least one year from the date of approval of th¢
rinancial ￿atements. The trU￿eeS therefore coniinue to adopt th¢ going concern basis in
preparing these financial statements.
Incoming resour¢es
Jncom¢ is recognised when ihe Foundation has eniiilement to the funds. any p¢rfomianc¢
onditions attached to ihe items of income have b¢¢n m¢L it is probabl¢ that the income will I
received and the amount can be measured reliably. The specific basis used is as follows:
Voluntary income
Voluntsry income received by way of donations, gifts and gift aid to the Foundation is included
in the stat¢m¢nt of financial activiti¢s set out on pag¢ 13.
16

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRA TION NO. 1153738
COMPANY REGISTRATION NO. 08636434
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2021 (CONTINUED)
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Incoming resources (continued)
Fund accounting
' Unreslrieied incomefvnds, r¢f¢rred to in the statement of financial position on page 14 are
donations and other incoming resources received or generated and which are expendable at the
discretion of ihe Foundation in fiirtherance of its ObJ￿Ilve$.
Deposit interest
Deposit interest is accounted for on an accruals basis and credited to the unrestricted fund.
Expendi¢ure
'Charitable activities. (see note 6) are accounted for when the trustees (or the members of the
suIKommittees) have approved the funding appli￿lOn and the recipient of the grant has been
notified. Governance costs include those incurred in the governance of the Foundation's assets
and are as￿lated with constitutional. statutory and strategic requirements.
Other re¢eivables
Other receivables are initially recognised at fair value and subsequently carried at amortised
cost and reduced for estimated irrecoverable amounts.
Cash and cash equiYgleDts
'Cash andcash equivalents. refe￿ed to in the statement of cash flows on page 15 includes cash
in hand, deposits held at call with banks and other short-terni highly liquid investments Wlth
ori8inal maturities of three months or less.
Other payables
Other payables are initially measured at fair value subsequently Ca￿led at &mortised cost
and reduced for discounts given by suppliers. Financial liabilities are dere¢ognis¢d when the
liability is settled. that is when the coniracied liability is discharged. ￿ncell¢d or expires.
CRrricAL ACCOUNTING ESTIMATES AND JUDGEMENTS
Estimates and judgements are based on histori￿1 experience and other factors including,
expectations of future events thal are believed to be reasonable and constitute management's
best judgement as at the date of the financial stalements.
Th¢r¢ are no critical ¢stimal¢s or judg¢m¢nts in applying the Foundation's accounting policies.
17

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APIUL 2021 (CONTINUED)
DONATIONS AND LEGACIES
2021
2020
Donations including amounts received via Gift Aid
1.621,313
1,842.847
All income received was credited to the unrestricied fund.
LEGAL STATUS OF TEIE CIiARITY
The Foundation is a company IiTnited by guardntee and has no share capitsl. The liability of
each member in th¢ event of winding-up is limited to £1.
CHARITABLE AcfiviTIES
2021
2020
A¢c¢ss Your Right
Action Tutoring
Afrikids Ltd
Azrush Iqbal
Amala (Sky School Limited)
Ambition Institute
Adam Brown
Aware NI
Ali¢¢'s Ar¢
ATLEU
Bail for tmmigration Iktainees
Barnardos Tiwne 4me
B¢llevill¢ Wix Academy
Birbeck Universiry of London
Cara Friend
Cambridge Cyrenians
Causeway Education
Centre for Military Justice
C¢r¢bra
Charities Aid Foundation
Central England taw Centre
10,000
25.000
5.000
250
50.000
10.000
10.500
5,000
20.000
i 0,000
i 0.000
12.000
20.000
10.O(K)
5.0
10,000
2.51x1
10.000
2.500
10.000
10,000
125.655
25.000
311, 155
25.000
JJ5,250

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
NOTES TO THE FINANCIAL ST ATEMENTS
FOR THE YEAR ENDED 30 APRIL 2021 (CONTINUED)
cHARr[AB￿ ACTivrrJES (CONTINUED)
2021
2020
Subtotal carriedforword
Christ Church Primary Brick Lane PFA
Centrepoint EDP
Civil Liberties Trnst
Changing Lives
Child Poverty Action Group
Choice in Ha¢kn¢y
Deaih Penalty Project
Depaul UK
Drive Forward Foundation
East End Community Foundation
Enabling Enterprise
Envision
Equal Education Law Cent
Extern
Fair Tria15 International
Flourish Nl
Franklin Scholars
Fundacion Entreculturns
Gavi COVAX AMC
Greenhouse Sports Limited
Hackney Migrant Centre
Haslings Advi¢¢ and R¢pr¢sentation Centre
Helen Bamber Foundalion
Harrow Law Centre
Hearing Dogs for Deaf People
Help Age International
Hop¢ and Hom¢s for Children
Independent Parental Special Educaiion Advice
Integrated Education
International Senior Lawyers Project OSLP)
Intouniversity
Inquest
151ington People's Rights
Jenna Wilkins Foundation
Just for Kids Law Ltd
JUSTICE
311.155
10.000
115,250
2,500
5.1)00
2,SOO
5.000
9,917
50,000
8,000
so.000
i 0.000
39,800
25,000
10,000
50,009
5.000
10.000
10.000
10,000
50.009
25.000
10.000
9.560
50.000
25.000
25.000
5.000
9,000
10,000
10.000
4.950
50,000
339.761
373.787
9,000
5,300
10.000
10,000
5.000
10.000
10.000
10.000
5.000
5,000
i 0,000
952.i02
i 0.000
882,996
19

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHAIUTY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2021 {CONTITrIUED)
CHARrrABLE ACTtvrTIES (CONfINUED)
2021
2020
Subtotal carriedforward
LASA
Laura Ukpokolo
Law C¢ntres Network
Leamin8 With Parents
Lisa Tabard
London Legal Support Tnjst
London Youth
Madeline Mcmillan
Maggie's Barts
Migrants Organise
Mousetrap Theatre
Nana Yaa Adu
Norfolk Community Law Service
North Kensington Law Centre
Orwell Panthers Athletics
Peter Jones Foundaiion
Place2Be
Power2
Praxis Community ProjKts
Prisoners, Advi¢e Servi¢e
Protect
Redthread Youth Ltd
Reach out Youth
Reprieve
Saf¢ Passage
Samphir¢
Solicitors Pro Bono Group TIA Lawworks
Spitalfields Crypt Trnst
Sidal Daghan
South West tA)ndon tAw Centr¢
Southwark Law Centre
School-Home Support
Shania Charles
St Giles Trust
Surviving Economic Abuse
Support Through Court
952.502
882,996
5,000
250
25.000
25,000
10.000
5,000
i 0,000
7,000
10.000
15.000
5,000
5,000
i 0.000
4,371
250
9.000
i 0,000
5,000
5,000
5,000
5,000
10,000
i 0.000
5.000
10,000
10,000
i 0.000
5,000
i 0,000
i 0,000
5,000
5.000
10.500
20,000
7.000
20.000
10,000
15,000
i 0,000
5.000
5,000
1,047.367
5.000
I.JOI.502

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2021 (CONTINUED)
CHARITABLE ACTIVITIES {CONTINUED)
2021
2020
Subiolal carriedforward
Syria Relief
Samuel Cole
Talent Ed Education
Taxaid
Th¢ A￿esS Project
The Acces5 to Justice Foundation
The Aire Centr¢
Th¢ Brilliant Club
The Cardinal Hume Centre
The Civil Liberties Trust
The Dash Charity
The Economist Educational Foundation
The Girls Network
The Hawk and Owl Trust
The Literacy Pirares
The kn)ndon Community Foundation
The Public Law Project
The RCJ Advice Bureau
The Red￿$S Trust
The Turnaround Project
The UK Career Academy Foundation
Tower Hamlets Education Business Partnership
Toynbee Hall
Trees for Cities
UCL Development Fund
UN High Commissioner for Refugees
Upreach
Voi¢¢ 21
War Child
Why Me? UK
Women for Women International
Working Families
Yajvee Kowlessur
Young Cilizens (Fornierly Citizenship FoLEndation)
Yusra Siddique
Zacchaeus 2000 Trust
Total gifts to ch8riti
Bank Charges
Expenditure on Chgritable activities
J.J6J,502
1,047.367
333
250
5.000
i 0,000
i 0,000
25,000
25,000
i 0,000
10,000
i 0.000
5,000
i 0.000
10.0
6,000
2,500
10,000
25.000
5,000
5.000
5,000
5,000
50.000
5.000
6,600
6,700
20.000
6.700
20.000
10,000
7,000
loo.000
75.000
i 0,000
10.000
54.001
5,000
50.000
5,000
15.000
7,650
250
25,000
25,000
1,487,952 ￿51
7.650
1,487,961
1,445,551
21

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED B Y GUARANTEE)
CHARITY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
NOTES TO THE FINANCIAL STA TEMENTS
FOR THE YEAR ENDED 30 APRIL 2021 (CONTINUED)
GOVERNANCE AND OTHER COSTS
Fees payable to the Foundation's auditors for the audit of the Foundation's annual financial
stalements have been borne by the Lbltimate parent undertaking for the year5 ended 30 April
2021 and 30 April 2020. The fe¢s borne by the ultimate parent undertaking were £1.500 for the
year ended 30 April 2021 (2020= £1.500)-
Th¢ Foundation has no employees and no paym¢nts of r¢wnun¢ration or expenses have been
made to the trustees and thus no k¢y management compensation is required (2020: £Nil).
RELATED PARTY TRANSACTIONS
All of ihe trustees ar¢ or have been, members of All¢n & Overy LLP. In addilion to what has
been disclosed in note 4 and the funds generated through donations from Allen & Overy
partners, Allen & Overy LLP provides support setvices to the Foundation on a pro bono basis.
During the year. Allen and Overy partners donated £1.175.116 (2020.. £1.458,397) to the
Foundation with a further £180.356 (2020= £171.700) in donations havin8 b¢¢n re¢¢ived from
Allen and Overy employees. Additional Gift Aid on partner donations in the year totalled
£265,841 (2020.. £212,750).
There ar¢ no outstanding balances with related parties at 30 April 2021 (2020= £Nil)-
DEBTORS
2021
2020
Prepayments and accrued income
265,841
159,562
io.
CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
2020
Accruals and deferred income
67,000
34.500

THE ALLEN & OVERY FOUNDA TION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRATKON NO. 1153738
COMPAL¥Y REGISTRATION NO. 08636434
NOTES TO THE FINANCIAL ST ATEMENTS
FOR THE YEAR ENDED 30 APRIL 2021 (C0Tr4TINUED)
ii.
NOTES TO THE STATEMENT OF CASH FLOWS
Net ¢ash inflow from operating activities
2021
2020
Net income for the year
Adjustments for=
Movement in r¢¢eivables
Movement in payables
134.044
398.848
(106,279)
32,500
(159,562)
10,000
Cash inflow from operating *etlvlties
60,265
249,286
Net debt analysis
Asat
Imay
2020 Cash flows
Asat
30 April
2021
Cash and cash equivalents
554.626
60.265
614,891
Total
554,626
60.265
614,891
Asat
l Nlay
2019 Cash flows
Asat
30 April
2020
Cash and cash equival¢nts
305,340
249.286
554,626
Total
305.340
249.286
554.626
12.
TAXATION
The Foundation is a registered charity and as such is exempt from taxalion on its income and
gains io the extent that they are applied to its charitable purrM)ses.

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHARITY REGISTRATION NO. 1153738
COMPANY REGISTRATION NO. 08636434
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APIUL 2021 (CONTINUED)
13.
UNRESTRICTED FUNDS
2021
2020
Atlmay
Total incoming resources
Total resources expended
679,688
280,840
1.622,005
1.844,399
(1.487,961) (1.445,551)
At30 April
813.732
679.688
14.
ANALYSIS OF FUNDS
Balance
Imay
2020
Balance
30 April
2021
Incoming
resources
Resources
expended
Trnnsfers
Unrestricted
Funds
Reserves
679.688
1.622.005
(1,487,961)
813.732
Total Funds
679.688
1.622.CK15
{1.487,961)
813,732
Balance
Imay
2019
Balan¢e
30 April
2020
Incoming
Resour¢es
expended
Transfers
Unrestricted
Funds
Reserves
280.840
1.844.399
(1.445.551)
679.688
Total Funds
280.840
1.844.399
(1,445,551)
679.688
15.
LIABILITY OF MEMBERS
Pursuant to the Memorandum and Articles of Association of ihe Foundation the liability of its
members is limikd to an amount not exceeding £1.
16.
GRANT COTrtMITMENrs
During the financial year, the Foundation granted donaiions of £525,000 {2020.. £50.000). The
total balance of grant commitments at 30 April 2021 was £375.000 (2020.. £200,000), payable
in future years strictly subject to Certain ¢onditions iKing m¢t by the beneficiary. All of the
beneficiaries have been infomi¢d.
24

THE ALLEN & OVERY FOUNDATION
(A COMPANY LIMITED BY GUARANTEE)
CHAIUTY REGISTIL4TION NO. 1153738
COMPANY REGISTRATION NO. 08636434
NOTES TO THE FINAIYCIAL STATEMENTS
FOR THE YEAR ENDED 30 APIUL 2021 (CONTINUED)
17.
FINANCIAL INSTRUMENTS
2021
2020
Finanei21 assets held at amorti5ed cost
Cash at bank and in hand
614.891
554.626
Financial liabilities held at amortised ¢ost
A¢cruals and deferred inwme
67.000
34,500
18.
ULTILVIATE PARENT UNDERTAKING
The irnmediate parent. the ultimate controlling party and the ultimate parent undertaking of the
Foundation is Allen & Ov¢ry LLP. Allen & Overy LLP isthe parenlundertakiftg ofthe smallest
and largest group to which the Foundation belongs and for which consolidated financial
statements are prepared.
Copies of the consolidated financial statements of Allen & Overy LLP can be obtained from
In-House Legal, Allen & Overy LLP, 68 Donegall Quay. B¢lfasL BTI 3NL.
25