GINGKO (A company limit¢d by guarantee) Report a?d bjii.anrj,g1 Statements Year ended 31 DecLinb=- 2023 Lharity number.. 1158548 Company number.. 08565380
ContL'nts Page 2 Ttuslees, Report Page 12 Ind¢pcndcnt Audito- Page 17 Statement of Finan=jil Acltviiies Pa&Fc 18 Balance Sheei Page 19 Siatement ofcash Fl.ows Pagje 20 Notes to the accoiints
Trustees, Report The trustees are pleased to present their annual direciors. repon iogether with ihe audiled financial stalements for the year ended 31 December 2023. The report meets the requirements for a directors, report and the accounts for Companies Act purposes. The financial statements comply with ihe Companies Aci 2006, the Articles of Association, and Accounting and Reporting by Charities. Statement of Recommended Practice applicable 10 charities preparing their accounts in accordance with the Financial Rew)rting Siandard applicable in the UK and Republic of Ireland (fRS 102) (errectivL l January 2019).
Our Purposes and Activities The Trustees pronioie and facilital¢ dialog.ie bctti'een t.ie Middle East and the Western viorld througJh grants, scholarly publi¢a(ions, and int¢rfaiih felloivship retreats. In the lace of an in¢.-easingly virulent divide between East and West, we enable ¢onstw¢tive, inlornie(L and open discussion. giving a voice io a new generaiion of thinkers and opinion forni¢rs. The objective of ihe eharity is= To advance education concerning tqe Middle East and Nonh Africa (MENA) region for Ihe public benelit The charity carries out it5 objcclivc by awarding granls, an intcrfaitli f¢llowship piogrammc. promoting research and publishing related materi.-! ihu5 enhanning and disscmii)aling knowlcdgc, 2nd adv1¢ ncing education for the public benefit. Our events are transnational. multicultur.. rnt¢rfaith eveni4Tr att¢nded by boih pcoplc ofweslem backgrounds as well .Is people from, or iviih roois in, Ihe MENA -egion. The aim of su-li events is to fosl¢r dialogii¢ between people of differeni ¢ihni¢ities p.-d culiures, and promoie mutujl undersla]iding based upon shared iil1Lrests and concenis. By sUPPOrtin&y and cnbTa• &Tingi acadcmics, :4t¢ll¢ctuals and public figures we gcncralc ividcr ii)Icresl in and knowledge of tlie Te8ion and underslandii"y ol its culture, both in the Wesi and in the MENA region its¢lf. charil>' also promoics rcsearch on ihp region by a%iiardiiig r¢scarch granis and org 4 ising forums for the pr¢.%L'lllalion of papers and dcbale. We akin lo publish t4¢ outCOin¢s of ihe rcscarch prcsLI)led or subgequenily ubiniltcd. Vlc also publish original and trgnslated ivor!:s of scholarship rclcltcd io thc MINA region irt order lo ILlrtHer OL:r LliarilJbi¢ objeilll'eg. In all these matters the Trnslees hav¢ had -.gard io lh• Charity Commission's guidelines on operating for ¢h¢ publi¢ b¢n¢fil. N'ote that by il)c tcrm MEN'A. we conceive the region as i.:volving noi Just the Arab Lountries, bill also Turkey, Iran, Israel. Ihe Kurdisl) "ions. e¥C.
2023 Activitii'$ and ImpJ¢t Interfaith Felloivship Retreat and Symry3Jium Thc 2023 Interfaith Fellowship Retreat ard Syrnposium had 28 attend¢es. including both GINGKO Felloivs and participanis put fonvard by th¢ Int¢n-.aiional Cenier for Comparative Theology and Social Issues at (he UniTrersity of Bonn. All attendees wer¢ afiiliaied wiih an Abrahamic relib¥ion aDd were aged between 21-50. Nationalities varied. but the majority were Egyptian. Iranian, Gernjan. or Bri¢ish. Atiendees were students or rcligion, sttidying io become religious leaacrs, or ihose intercstcd in inlcrfaiih dialoguc. Thc first part of the Relrcat, held in Bcnsberg, consisied of ac?dcmic lectures. whcrcas the second part. held in Aa¢h¢n, ¢onsisi¢d of a series of public events. lii BLnsberg' the participants giathered in ?. lecture hall each day 'he one of the convenors provided an acadeiiiie session on a topic known to the. ."irticipants in 2dv?nce. Mosl sessions followed a stmilar structure, "•r ¢onsisling of a brief lccture, folloii'ed by lions and.1 gencral discussion. During sone of the sessions, the discussion was ongoing ihroughoul thc le¢.iirc. After thc aP4CrnOOn scssion ih¢rc was an cxtcnded break b¢fore dinii¢r. During ihis break, participanis wer: Able to contrinu- conversations that had started during ihe seqsions or siinply spend lime geltinbp lo know eacb other be(tei'. Tbe ei'enings were siinilarly frle for th¢ P21 rtICIP<2n(s lo spend as Ihcy wishcd. All mcals duri-g ihc Rctregt M'prc providcd at thc vcnu¢. confcrcncc ccnl-,= in Bcnsberg. Ihc Thomas-Morus-Akademie. AftLr Ihc final half-day in Bcnsherg. p>,Itcipants Ira'.'cll¢d by coach i? Ihc ncishbcijring ciiy of Aachcn. GIINGKO had oriyanised a reading by Niivid Kcnnani -1 ihc Suremondt Ludivig M4JC'UllI. Kerniani re£id froin his book Wonder Bey(Ind B¥lief.. On Chri4.liunity and il)c reading ivas followed by a di".¢ussion modi'rated by Professor Klau5 von Stosch. After a bri¢i break, the eecond public event, 'Art as Hosl, commenced. Here, ¢lircc respondcnts. includin¥ a Bishop, Rabbi. and an Imam, discusscd one of tl)e paintings from the museuin's colltIOn. The painting in qi'¢slion dcpicicd ihe circuineision of the Christ child. Afieiivards Fcllow.% weTC invited to join GINGKO Trriifce Dr Mclanic Gibson for a Nisit lo b.achen Cathedral, a UNESCO World Heritage Silc. On ihe final day? Iho:- participants who had 5u¢c¢ssfully sybmilted proposals in response lo a '¢all for Pli pcrs, issucd by Mohammcii Jamal Abd.elnrur and Emm3nucl Kwsnie T¢(te.y - the winncrs of Ihc 2021 GINGKO Felloivship Collaborpl'on Prize- r.-:senied ih¢ir research. The Symn?siuin was cortvcned by the two Collaboration Prize winners i-. each of Ill- seesions was modeited by a rppresentative of one of tlic Abrahamic faiths. This final day gave the participants a char,= lo present .hei-th research and engagp viith ttrie research of the other prebcn¢cr5. A5 It was Friday. all partlcipcilts were abl,: to attend Jummah Prayer .i th,. Islamic Ccntcr Bilal Mosque. In ihe ev¢iiing, all participants k- i'.cd the Syr,-gocue in Aachen, Ivhere thev at:iided Shabbat s¢rvi¢¢ and dinner. For many gf (he participaii Is, TS was ihei-. first ever visit to a s>'naos,-: An evalijation of the Retreat iyas coiidunt?.4 to measu*p j'< impact. Th¢ evaluation in¢loded an oiiliiic 5urvcy both before and after the Retreat usinéF v.uesiioAiS ¢.eveloped by ihc Woolf Insfjilu. in C41mbridg¢. The qu'estions werc answcred by the panicipat.ng attendees anonymously, using only a sclf-selectcd idcnlification codc used to track progress.
Ahe.2d of the Retr¢at, Ihe attendees. expecdltions viere mainly related to Strengthening heir academic career, as well as m¢¢ting n¢w 2nd old friends, colleagues. aid potcniial collaboration partnpr5. After the Retrat. respondents d¢s¢rib¢d it as '¢y¢-openino' d as a pla'-e where they could 'hoThestl)' express how each feli about common theological issues, They ',so reported thgi ihe Relreal weuld P4ave a life-long impact with long tenn friendships,. Aspects that werc. brought up a5 points for reflection ahcad cf nexi year's Retreat included the acddemic level (eApert avd.'Nnces vs. g-.ncral audiences) aj iv¢II as kgsher and halal food resiriciions, although feedback in this rcg?rd ivas generally posiiive. Atlcr thc Rctrcat. an ip.crcascd numbcr o. .rsponden15 report¢d feeling 'fvll of hope. wh¢n (hinking about rh¢ future of .Muslim. Jewish and Chrisiian rp1411ions. An i4.creased number of r¢spond¢nts also rcponed feeling Tnore conlident in thcir knoivledge abour'boih iheir oiyn faith. as ivell as the other Abrdhamic faiths. More Ihdn half of Ihc respondents said that their views aboui people of other laiihs had (positively) Changed during the Retreat. Moderuted Session * At the end of December, GINGKO oftercd a moderaibd session to lis Fellows, hopinn ¢0 provide a virtual • space ivi14in ivhicli ihc Fcllows could SLlJf thcir ihoigliiS Jr.d fccling% aboul th= oi',poing Isracl/Pulc5tinc coiiflici. AwarL (hai such a conv¢rsalion ilould bencfit from professional struciurc, GINGKO ci)giag?cd Julic Siddiqi, an experi¢ii¢cd modcrator of iLAierfaiih diJ!ggu¢. The s¢ssion had 11 atteiidees and ii)cluded Porlicip4lnis ol. Muslim, Jewish and Chrisiian faiih. FeLdback 41trL¢r the seknrion i.Iclu(led: .1 rcpally (Ipprcjcialed itic conveisalion ihi7.' .'ookplace qnd ihe ivise niodEralion ef Ms. k4iddiqi. Tnose spaces M.hercJpcA?kile cali voice ilieir concerns. qli.?tlions. andjinda couiilerparl lIh a differeh.I view bill slill lioldiiig I'c'spL'¢ifiil (i¢¢P ex¢liaiigu ai'¢ rar¢ li ilijs ijne. Having r¢¢¢iv¢d positiv¢ l¢¢dback after b¢ssion. Gtr4GKO hopes io host similar even15 in 2024. Grants PrrMMe • In 2023 GINGKO launched ils GraT': ProgrmTe. Th¢ grants are aimed at supporting academic research iinlo lh¢ history, art hisiory and rcligions ol irffNA. as well as to sUPPOrt inlcrlaiiWinlcr¢ultural Liicounters tliat bring togeiher people frow MINA ano the West. GINGKO offers thr: kinds of grants.. The Werner Mark Linz MeTr..-,ial C.rJnt ir a medium-scale aivard to fiind academic research projects, conferenc¢s or sympc_'_ums on onc or more of GtNCJKO's acad¢r.:ic subject areas the history, art his:ory or religions ei ihe NIENI'k region- in any time pcriod. The Rpse47rch Gr47nt is a small-. le aiiard i- rid academic resparch, confcrcnces or symposium5 on onc or mor¢ of GINGKO'S irademic subject are)s - the his'LOry, art history or religions of th¢ MENA r¢gion- in any lime pc.':?d. The Encounter Grant is 2 sm-, -ocale aivard io A5]nd interfaith andlor inie-.ci"Itur21 encounter. brinTh logeiher pcople Irom MEPJA the l.les4. that
20?3 Grant Recipients In ihio fir4t year of ou-l Grant Programme, applications were received and 5 grdr,'ts ivetyb aivarded. Grants were awarded to th05¢ rrojects m051 c.:earlv detlloli Strdted Iln intentier. aD.d ability tn improve mupJal understanding beiwecn MENL A and the W.=5t in an imp¢hciful ivay. fiutheri41g GINGK.O's charitable objective. Dr Fatima Tofighi and Dr Ulrich Schmied. l (WMLM Crdnt) Clii':siian-JVs[IThI Polilical Theolo. A Coniijuralive Cunipunion as a Foundotionfor heH, Research .4gendas r N'lonica Hanna (Resetsrch Grdnt) Coiliitljr_E/.'tOlog¥,' Wriiiiig a Crilical PY:..ory ofEgv<-loi-gv Dr Hiba AhiA Dr Deniz Bcyazi.. D.- Guy aurak, ar.d E._ S-.. .esearc4 kJraryl) •0 Froin WL)¥l Africa io Soiiih Easr Asio.. Th¢ Hi5101y ofh'i.,hainniadal-Jazuli s Dala'il al-K,4ayrat A raier Book (frovj ihc, fifieenih io ihe 'tlleÈ.h century, Mg Roberta Marin (Encounler Grant) Searclii.Ygfor ihe Lishi Ikssistant Prufcs¢or Oziin 07.avci (fncour..: Grant) 711¥ Lciii.i'(IllllL' IWc)liiLni 100 Ye(Iri Oil.. liilpl,i.i.%cipliiiar, li.iierveiiiions (5ucea¥sfully co.71,- PubliciitiOIIS GINGKO'S publication series ontinued lp 2023, 1.iih ;4e puElicaiion of the folloi'jing i'olumcs: TJieJ' all Made Peace- Whol i.s Pén-e? by Jon- ',hai) Conlin and 0r 07_IV¢i Izii,'.+ Cera.¥iiey ai the Benakn Mu."-'i ry Edit¢J by •lohii Cilfs¥'dcII and l. fin- IdGrai:ou wilh -4ie Gibson conKribulioTri.s by fAel. I r.qn Gtobul fjecolonisoiioii ¢- "cd bj Fircc.-eh Kasb.ani-S?.b=i ap. J Dgkert ::eele Procioiis MfilArivl,S by Anr.-:.e.Ile Co liric" Tclal Linils 501d iTiorldivide were 16 /0 hig-' challenging 3¢8d¢mic book market. Ihar. 2022, whi=h lye consider a positl '- ¢Utrom.e in a Revenue at PAacmillan Distribulion Ltd ("who act as ihe ChaTity'S di5*ibu:or fgi tbp. Uk, furope, India, Pakistan, and ihc fvf.iddlc Eastl )Nas doiyn iv i <II/D 2e?2 bal r¢mained aLofv- 2e21 -'ie".s. Iwhile (he domestic market dipp: export sales (excludir.g lJorth .4mcrira! were up 580/.. Export lo Cb,n&. Australia, Japan, Canid,., pnd Sciitheast Asia fwTlains lim.'tv:l. bLlt there £ire indications Jak- -n anJ Sou+theast Asia may bc Iireas of tUre oroivth. In Nof.h America 2C.-" saiv a 47Q/¢) if&rrease in units pold. Na+abiy. a new distribkntion agreement in Australia saw units sold in iiinreas¢ 87/.. The number ol worldivide ¢_b(KJk downl=ads increa.gnd 200/ts, Wlth &1 increastng iiurnb¢r of acadew.ic aiid university. libraries choosing lo a¢quir¢ d,. ilal edilions ai new works.
Til¢. r,umber OA if4-to_Con$r.cr Lnjts o- boo.k talk.q- Doth of ivhi¢b ¢on4inue to all. v th fiwii., Oi)line sales grew 4'/o ir 2023. with urjlts sold dTreptly through gingko.org.uk inore than doubling indicption of our impi'oved outrpach and discoverabilitri online. Eveii though 202) siw growtli slow wh.I compared ..vitli previous ycars, for a iFAird consecutive year our publications conlinu¢ to find niore read¢r.- :nd have a ETD a¢r impad overall. Stafl In March 2923 GINTGKO hir¢d a Charity &dministrJto-. Duties of ihe role inc'.Iide adn)ji)14lration of the Grants Progir:Iiiiin¢. adinir.istratioii of th¢ wcbsilc/-nlin¢ prcscnc.c, siST1ng thc CEO in bcr dulirs and io help org2nise •ii il]1: 1¢ niiuiil FLllowship RtrCal and L4c thing progr0nLe. FiindrAisinu and Pii.-Inerships CTIN.CTKO is gralcful lo Axcl aiid Chriv4ianc FlansiDfj fo-. their resiry:.'rd do'.ia'.icn of £5.000, ain)cd at ¢uppor¥ing ihc Inicrfai¢h Fellowship. Gltr',:..KO is also i.lat. ful for its p.-rtn-rship ivith 14e University ot'13011n, Ihc SuLrmoid: Ludw,.. quseii;_ boili of i" ?o-..I w¢r¢ crucial 'n ib.c suLccrsf.Jl ¢on)pl- 211?3 1 ¢110"0sliip Rcireai. riiian¥ial re)'ieM' Barbara Scliwcp¢k¢ r4ade d donation to C.'NGKO of eo&litips valucd ai £1,087,462. Th.1" donation waE made lo honour Lh¢ wishes of hLr latc moih¢r, li ry Ilsc schwr.(c. Ilsc Schwcpcke had bccn active and ¢ii¢roii.8 SUPPOrter of GINGKO since its Igundation in IOI 4, and gified Barbara E500,090 with iFJ¢ intention * i• Ih.-.t She sliould donate it to GtNTGKO. B1'bara hers¢lf e.PCided lo match her l)tc mothcr's genLrosity 41nd v tnade the combincd doi)4ilions in the fonn Jfa sip.glc ¢11[), transfer. S¢p&rat¢ly. Barbara Scliivepckc made d ca5b. doi)ation o1'£35,984. This is the larg.( do?110 the Chariiy has received to date 4nd 1¢ intended to 5U5tI1:n our a¢tivitieo for a fiv¢-y¢ar P¥rioc'. Invi'.=t,:nv nOi¥iL'-s a.-.r. policy é. io'the Chail".l'r p)'islj.-_g v.Jknrve and drawn upon . * by ihe ChiriLy as anj wi-.p eqiij.-efS, 1Tr. -.ve<ted 4.:.?t".olin managed by FN'el-m PurFner.. The aim of the In /est1YF'i to Firi'i:d: 2nd -.L ?tab':e re The Tiusteeg have .)ure tl,.- investmeni. .*y rilnll1g¢ cn tr¢421f cf "4- Lliarity ar¢ in%iLbled rcspon8i?ly and ethic211,y and tha: ESG fac'_ots ar¢ welÈe(l alongside traditiersal rtnanci.-I :onqid¢rations ivhcn investment decisions ar¢ made. Tlie TpJrtr.-es ¢onliiiu¢ '? Fei"iooi¢&lly revipw the invesi'.M¢ni.£trategy.
Plans for 2024 C.INGKO Interfait felloivship GINGKO plans io liost a Fellowship Reliat in Egypt in Seplcmber 2024. The L riJ.%tfvf&S are mindful of ihe palitrical instability in the regTon and ivill peek advi¢e f-om partn¢rs and mo:)ilor the si*Liation as it develops. GtNGKO is also ¢xploTing alternative loc='.iorkS for the Reireai tn ihe UK, enabling us to ¢hangc thc retreat location at short noiicc if required io do s". GINGKO ITFIII continue to offer:noderated scssions to ils Fellows -%sicd in piirsuing collaborative proj¢¢ts in tle field of interfaith in 2e24 and hopcs to SUPPOrt fellows in'.- uiiderstsinding. In 2024 fjINGKO will continue its an annual ¥rant-givi-.g progrnmme. offeriD.g grants to support resear¢li 8i)d cncounters. and for larger scale academic vhsearch proi"CiS. The grants .or research and encounters will offer fiindingy up lo £3,000 and as many as thr¢c r¢scarch grants and thrce cncounter g&tsllt8 will be awardeth. The larger graiit, Ihc Wcnicr Mark Lin£ MLii)tirial (WMLhl) Grant. will bc for up 19 ¢10,O)J aiid a maxiniuin of one WMLM Granl will be awarded. The g47nls will be advertised widely and promoied ihrough academic and interfaith neiworks. Applicaiion requirements will citTe-, depending on the ¢Frant applied for. b,Jt all dpplicJtion5 w'ill be as5esscd by the CEO, selccicd apap deinics, or thosc with a Iracl:_."ccord of orpai)ising cncoui)ters. All grnnt rccipients iiiust ha'ic complclcd ihcir projccts wiiliin two-years of rL'cciving thc i)iai)I aiid i'iill be requircd io subinit a report ap4 budgvet io C.INGKO on ihe projcct'ts Colfp ioil. As in 2023, lh¢ deadlii) foi. gi'ani applications is 6 April .'ft,'Ih decisionc on awarding grants Inade in JLpc. l)ublicyt10115 GINGKO will continue to Fublish scholar.. works eror.)Oling a more delfj1,.ea understari East anJ North African (MENAI region. Fi;bli¢aiioilS -,'h:dul¢d for 2024 include.. -ing of the Middle .4.7Jj rtiid ihe Arts ofPilgr:.mage.' i. f.'ays ir Hop:.'ii ofPlnsser Da:'id K.4alili Rpginjp C.laiig:. Nviv l.Jor4&OnS ir :lamic %.i-¢ I'.Yd ".lj.siiai Ciiliiir. ,Vulioiialism iii ihe Archileclure o"1/4oderii Ira li'laim and Chrisiionity in Reluiioi.: ".9 Science ar.d fivilizalion Measuring Impact In 2023 GINGKO made use of a ioolkii ,.leveloped b;, Ih- Woolf Insiil'jte in Camb~.'dge desigmed for (he evaluation of interfaith engagement to ass£S and ineas1.re tlie impact of the 2023 Intrr-t Fellowship Retreai. In 2024 GIN'GKO I'iill corJiinu¢ io lake sleps io improvp j'.8 leaming a..d impact .-AsI'.-erncn1. 4. Our Volunteers Adv3sors GINfJKO 1$ 8raiefiJl for the sJpport and li.JsP ihroughoi-.: 2023 of volunteers vihose 5UPPOrt enables the ¢iiariry to continue to meet its objects.
S. Referenc& and administrative detils Charity number.. 1158548 Company number.. 08565380 Registered Office.. 4 Molasses Ro",-I, London Sltll13UX Audiiors.. Guy Playfer, Malthouse & Company Lirnitcd. Chartered A¢¢ountanis and Statutory Auditors. America Housc, Rumford Court, Runi.ford Place, Livcrpool L3 9DD Bankers.. HSBC, 76-78 King's Roa4, London SV13 4TZ. UK Solicitors.. Russell_CIK)ke. 2 Pulne)J Hill. Londoi SW15 6AB. UK Investment Managers= Evelyn Par.14eTS. Onslow House. Onslow St, Guildford. SutTey GUI 4TL Directors and trustees Tlie directors of the charilable company {tl!c charity) arff ils truslees for the purpose of cF.arity law. The Iruslees and officers scrving during lh¢ ypar wcrc as fo!!oTpiJ. Barbara Scliwcpcke (CEO) Ilarry l-lall (Chair) Georgi0% Maiigyinis MclaniL Gibson Axcl Hansiiig {resigned 28 March 2024) Cliriqtian- Hansing (resigned 28 Mar¢h Nlohoinin¢d Gan)al Abdelnour StLph¢n Sklarolf (appoinicd ?7 Scpicmber ?023) SLcreiary.' Luz AgTuilera S.2 KL'Y personnel Charity Adininistrator.. Nadja Harvard 6. Structure, Governance and Manag¢-. ent 6.1 Coyerning Docijment GINTGKO is a cotllPl£ ny limltcd by guarantrpe govcrned by its Articles revisd in Augus: 2017- it was incorporatc(l on I l Junc 2013. It is rcgistc:""d as a chari y 1th thc Charity Comtv.i.ssion. Anyon¢ over the age of l 8 can bccome a member of thc Ccmpany and i.fjere are cutTently 2 members {2 tn 20221, each of -Jing £10 e-. ch in the event of the charity winding up. The whom agrces lo Coniribute a sum noi ¢xc:-' company Lhan8¢d ilb liam¢ from Gingko brary to Giigk4 in March 2023. The board of trustecs, '.vhich CUYenily lia- x member" administers lh¢ Founaaiion. Tk:n trustees meet at least three times each year, and the meetings re.J:inely cover.!ei'elopment. ongoing projects, finance and personnel. Members of ihe board of Trust¢es are exppcted to give advice and encouragement, and to offer warnings. All decisions about plan]iing. progrdmmes ar.4 proj¢¢is are made ai the executive level. New trustce5 undergFo ali induction proccss to bricf them aboui ih-.ir oblig21ions and they are encouraged to 2ttcnd appropriate and regular directors, meetings to help und¢rs"and their Tole.
TNstees are further responsible for.. Ensur:n(r that the charity is carrying out i"r purposes for ipc public bcncfit Compjying with the charity's govcrning eil)cumcnt ana thc law Acting in the ¢harity's b¢st interests Managing thp charity's resources responribly Acting wilh rcasoi)ablc ca4e and skill Ensuring tliat thc charity 15 8ccoun¢ablc 6.4 Related partles and co-operatlon Mltl other org?.iilsqtlons The truslecs receive no remuneration or other bcncfit from their work with the Foundation. Any connection between a Trustee with any contracted consultant or supplier musi be disclosed to the fvll board of trustees in the saine Wdy as any other contractual re'ationship willi a relaied parry. tn tl)e Cuen1 year no such related party transactions were rcportcd. The pro¢¢ss of striking off Gingko Librnry (Trading) Ltd ivas bcgun in 2022 and the Company was dissolvcd on the 14 Marcli 2023. 6.5 Cyerman TrLuhandsilftung clo.qely affiliated willi GINGKO is a Ge.-)ian Trcuhardst:'ftun8 (Stiftung Gingko Library). Eslablish:d by GINGKO 011 30 Junc 2015, aiid admiiiistcred by ihe H4ryUS des Siifi¢ns in Munich, 'Siiftung- Gingko Library, Liiablis Gcrinan ¢axpRyers io doi)ate ic -.INGKO tax c]cie1)lly. The 'Stiftung Gin&Fko Library, is an ftiliatcd orgianis¢ilion io GTN'GKO and fi"r.ds donaicd :o ':.i-ftung Gingkg Librdry, arc uscd ¢x¢lusivcly to support projccli ciihcr iniiiaied by GINC.KO or ihat further GINGKO'S aims. 'Stiftung - Gingko Library, Lil',,pi' sends funds dire¢ily 10 GINGKO 10 buppori il.% clariiable c2clivitie5 or disburses fui)ds dirccily to funlier oiir el;'.Irilabl.: uilll5 211d objects. 6.6 Ilisk mJnn¥ement GtNGKO hopcs io incr¢35e ¢hc Icvcl of dgnalions in receives in the next 34 year p('.riod. To realisc ihis, GINGKO ivill develcp a fundraising stral&.gy in 2024. 6.7 Reserves Polley It is a policy of the Charity lo hold frec Ysetvcs at levcl wliich will pro'iidc assis:4nce for fjJtur¢ year5, operations. At 31 December 2023 unrestricted fr=e reserves were Ll,570.407. Tnveslments increased significantly durin8 the year follovJin8 a p.')e-olT doll110 ivhich has iiicrea5ed reserve5 at the year end. The Irustces inl¢nd io draiv doivn invcbimcnio In fund thc ckiarity's activitlC5 gvcr a pcriod crup to fiN'¢ years. 7. Trustees, responsibilities in relation , ) Ihe finlln¢i: riTratements GINGKO'S in'.stees {who also the dir".-4ors of GTr4'JKO for the purposes of CQTI .pa.-.y law) are-.csponsiblc for P&Lparing a Irustce- annL'al r -port r.ap.¢ia. st2&¢m-i1s in a¢cord3r.¢- Ivith ,*pp'.icablc law and Unitcd Kingdoni ALCOLinting Stc1pdards (Unitc. Kingdom i.Tenerally Ac¢epteii Ac¢oun(ir.&, Practice), in¢luding Financial R".poiing Star.dar(i 102. 'The -...Jan¢ial P.¢porting standard a1.'¢able in thp UK and Republic of Ireland.. Comnany law requir¢s the charity tw$1=5 lo nrepa.-e financial sialements for ea¢h year wliich give a trLTrC av.fj fair iiiLW of ib.e state of affairs of .b.e charitable company and the group and of tlie incoming resources nd .'ppli-dtion of rcsourcc5, including t4: incomc and pxpcndilurc. of tF- haritablc group for that pcriod. In pr¢p3ring the financial siateme4is, th¢ trustees ar¢ r¢qLtired io: io
select suitable a¢¥ounting poli¢ies:Ind then apply then ¢onsistenily,' nbserl'e the meihods and principle¢ in the nhar.iies SORP- a.:e judgm1$ ap.d esiitnates tha.. 91 reasonable ar.d ?tudeni' to stdie iyhcther applicablc UK accouniing standard% havc bccn followed, Subject io any malerial dppartures disclosed and explained in th¢ financial siateinents- prepare the financial st&tements on the going cop.cery basis unless it is inappropr.ale to presume that rhc charity will contin14C in businc¢s. Tlie trust*es are rcsponsiblc for kcÈ?ing propcr 4C-OUllting rccords tbat disclose with reasoiiable accijracy at liny time the financial YTr05ilion of tl]n charity and io enable ihetn io e1surc Ihal the fiiiknoneiai Statem¥nts comply with "..e CoTnpanies P.-- 2006. They are also respo;'sible for pafegliarding the assets ol'the ch=;. .1 and the graup and hence taking ie&sonable steps for Ll)e prevcn:ion a'.Id deteckion of frnud knl)d other irreuulaities. The (rustees are iespoiisible for tl)e iiiaintpnancn apd :ntcgrily of the corporatc and Èinap.cial inforniation includcd op. the ch3rit8bl¢ ¢Otnpany's websile. giS1110n in:h- Uniied Kin&'di)m gos'eming ¢he preparatioii und disseminaiion ol- financial stat¢m¢nis may difTcr Trrom l¢gislation in other jurisdic:ions. Iii so far 85 thp Trustces arc awar¢-. Ter0 is no relevant iiudit ::r,Jrn]aiion o. jph thc charitable eoniparL> s.-.udiiors are unaware. ar The iruslee& have iap.cn all ieps tliai ihey ciight to have takei) lo make tb.cmselves awarp of any relevanl auoit inform¥: on and io esiabllsh that the auc.itars aTe aivar- ol'tli.-t intonnation. On behalf of tb.c board of tNslccs H41ry Hall {Chair} Da¥¢: 29 OULY 2024
RL.POIlT OF THL INDEPEN1. AUDITDRS TO THE MEKIBL.RS OF
GINtiK(
{.4 LJbllTÈD ily UUPMNTEI
l)pinlon
V,. lill'j iuditcd thr finJ5KiJI %lJl¢mi'nii ef fJlNCJKO IA r.wpJn)' Limiicd . Cjuaranierl Itbc 'Lhonlihlc
)1&an1'1 Inr i. yc)r ¥nJLd. 11 IThIv O?.? ,h1¢h ¥i¥npr'se ihe Si3:¢BnI •( trii'an¥ial Acii¥iiic$. thc f4alJncc
lid Lniicd Kiii&idoTn Arrountin¥ Siiiv&ITd5 {UJiiird Kingdom Irenmll% Ac¢4'PtLyJ .-IcrouD1i& PrJrii¢¢i. in¥ludin
Iil-.Ill¥iAI Stand.-iid 11)2 -1.he Fiih)IKial Re18, SL)Id iiwlJcabl¢ itt the L.K Republil ol.
Iiai'c IK'en pKopcrly PSLparcd In aLL¢. lliih 1¢L Kiiiblillilii LllY AiCLYIL41 .4iwuniiilrl
h."i%'< bLYn in J4¢urJnl with ilK C'oli4)th¥ A¢1 2(thfi.
Ive jiMiIIuLl4xI o'Jr XU¢li: In Ls111a•Kr H-iin Iiiiaii4ijiSnJl Sid8rd$ AtyJil1l iiiki IISA> IIJKI) ai
aPl71i&ahl¢ la Thii rt>p)nsibiliiie% iltth iho.&¢ %iaAtsftl% Jre fwihry desL'ribtd in ihe ALNlii•rs' r¢%ry)ii
XF.P()RT OF THE INDFPf..N'DLKT AUDITORS TOTHE MI.JIBI.RS or IA COMPANY UNIITLD IIY GuA4'TL.) ()Ihpr informalhb "I hi Ini%l¢ii JT¢' r¢%pii%ible torthc oilitw (amtiOn. 'fbL' imfomwtloii O)nipnse& the InfomlI0n iiicludvj Iii ilw Aiiniial K¢wn. iiiheT rhn thL' finath¢thl >LICllJhL% our Re0[ ih¢ Ind¢p¢tht Atwliiors Ilier)n. Oui opini(iii Ihc IinwKial SI4M¢h[> hiit iht oih¢r infornyiion aNI. except w the ext•ii 0111¢Th4"1 L'.xpliiiily si)icQ in our F4wfL iwe do ixpf¢sS Wl) forniof as$wi44 ¢vn¢lu>iOth I1)ly¥Il. In wi)nii¢¥llON with our audit ofthe fijbancial lIeIL. our rap)nsibiliEy 1% 10 read ihe her iiifornkg1ii)ii d, in doiily ¥onsid¥r %vheLher th¢ uth¢r iiifunl)dlilJll Is Iiiaiiiiallv ITrlsicnI W¢Lh ihe liiiaacial a¢CLi11& iir i)u kthiwlcdbpe i7Ulne1j in IhL' audii 4)rlrwi appe to makrially mi%gi•d. If 't ideniity 4Uih iiiaierial iii¥oniisi¢n¢ics or apparcni m31irial mi%s¢aincnts, arc rc4uin%l lo dcierminc MhiihLY ihii ri4¢ To a ma4¢fi411 mI5%1aMell 111 Ih¢ linancial %iai¢iii¢nts ihrms¢l%'ts. l(. bj (1 Ili¢ ,¢ lJ8i¢ p¢i'liinned, wc LCIIILliiJL IliJi IhtrL Is J IIKIILnal mi%MalLYMmt of thi5 Trihcr infOrnln. WL. lo r¢wrt ih41 fJGI W¢ Iblniknm%thn&thor niiittrs pr¢xeribod b) lhecomnlC5 rlci 2 Ihe Inlorinoiion b•ivei) In the RerAirt ui ihe Trusi¢es fur ihe lilwcIdI yL4r for whicl) Ili¢ financial %lalL'I)nrs Irc Ilykparcd iy cnlS¢Cl wilh fiiiAiicial staleThiS.. and Ihk Rcwii lifth¢Ttvy5hylrtCrt pr¢pwvd J.'i wiihwli¢¥ble l¢yl rtxivir¢nD In IliL' Ii,,Iii th¥ kiivii.l¥d¥L UDJ¥l4ianJiiib' vl Ihi lhJWisk tULnpthy and its bm¥iMiin¢ni 1111 in Il ioiirsc ul'ihc 311. lie Iiaw¢ nui idrnlifi¢d li{ nal missiai¢iiK'1115 in ihc vf ihc Trusl.b. Vc INidiiiiB io r)rt In TLr1 of rhc fullowini nwicTY whLYe ihc CuiiwJniL% 2( TLNIILTCI U% io Jde4iiatL a¢LI)llntin¥ rt¢()rd%hx%'¢ h¢¢n kq>ioTwurI forouraudit Iver>t Ixn rttYid from branchc5 11(rt Vl%iied by iiy. Ihi. linwKiiil ititeinniits.Ir¥' no¢ ino8r¢¢nnt %Vith Ih¢a¢¢Ountitt(0rd$Ud r¢tum5' Of LLX1iiin Ili%ilibufL% ul.in1%¢l.l ILmlinLrititrn tLIf1( b¥. IJW noi Liiude: UT w¢hJ¥cnot r¢r¢iv¢J all ilie infttymaliots txrlanJtiOL% W¢f¢guifL. fnrnurtyudit.. IhL' Illi>lL'LY ISCTC nQl Liiliill iakcwJYJibt.rybY Lbri. wwll comp411ics e¥enwiKM froiii ihL' rquircmcni lo prCr& d sirniebilc liewi i)r in prcparLn4 illi ReN iifthe TrusrL%%. Ri'5yvn>lbllllle5vf irnilLY ixiilJiii&d iiivri liill) in Ihe SiaiL'iJKni ol Tnibliiry, RLWlJS..biliiies. ihL' Ln151ccs {MhLTr aik also dLfiYIvT$ or thi iharilablc 4QlllPany (or IhL' pury) vf ¢i>rthpany lJul ort T¢%pJn$ibL fur ik. pt4iaf4111>fi vf lh¢ fiiianciol dL'ILrm1nL 1% io cnable ihe WLyardiM>Ji o(14naTrcial ihai Iwir& iiuIL'tial mi55th1ciini. lu pr¢pariDg Ihe liDan¢wl statortnts. lh¢ trus'.tt% aw¢ rtqM)Nsibl¢ fw lh¢ ¢h3nknbl¢ ¢ompatt)'s thiliiy i{1 ri)IItiiiuc 3 ¥ioin¥ fOTKL'rn. appli£ablr matta5 lo yoiih¥T ftsn¢crn and Ii&in& ihL &TrI)jTLg' concerii bas15 ol- accouiiiiiiyi iiiilcks ihc InLSiCC5 CITh¢r inrrnd k) liqujdatc Ihc cl-.ariiabl¢ ¢onipan>' oi t.* ¢¢a OPLrJiions, orhav¢ no rea1151iL alierThdiive bw 0 50. 13
REPOR"roi.-THI." INIII."PI.',WI)F%T AUDITORS TO THE MI."MBL.RS or
tiIN'(iKU
IA C'OMPANY LIMITLD YY GUAW%'Ti.kl
Oiir rnipoN$ibilities for ihe 4udil DI ih¢ fi&•1
IrDiii iiia¢Liial liiiS>UlillK'nl. .clh¢r Ju¢ Iraiid 4)r Lmil. Almt 10 R¢ ot. thc I'pCthI Auilitvrs ihai
inclth% i)ur ibpinioii Re4)Uabl a>sUrat Js 4 high l¢i.d bui is nDi a guara¢ ihai &lU(IIt
in aLLi)rdance w'iih ISAS (UK) will a nuierial niisslaieil Jr ¢i14TS.
MIy%lalCIII¢TIIS iifii¢ fr¢Xn fiutsd Or etmi aiid te i(¥Ider•I I1¢11•1 if. IDdL%'iduall!' (>1 Jii Y¥bireydl¢. IIKY
siaieiii4nis. As p#rt of an audii In aC¢or1C 1th TSAS IIIKK '¢ professio11 judscinc¢i¢ aiMI moinltiill
profi'k4ityllal N¢¢pii¢i$iii ihmughoiir rhe Judii. We also..
- Ideniily the nskn ibl. IMIx51ai¢m¢nl ihL' cbiiritslbli filmla1 swicmcni>. .lbr
de%ibA and Al11 prw¢dw¢s lis111¢ io lh lis nudii
Illl>lllLlll4111 fi>iillin¥ fr91 fr4u41 Is li1¥.r I1 fiif f¢5ultinb fyoThi ¢¥ror. fTaud ilwy ki)IluiiUII.
ri)fLt¢ry. inienii•n81 IlllllS%jl>lls. miSr¢pris¢ni4iiu$. or IK. thi¢¥ri& vf iiii¢rnl ¢CathlMJ.
billin An iiiidLfslJiMlin8 (Trt. lnienl fonirol riTr th¢ Wwlil in orthr tts &'¥igii alidil pfi>C¢41ur¢% Ihil¢ ar
ps?ri)priali In thi ¢I¥Cull)%lJli¢l, t1 ¢h¢ purw4¢ of ¥n q)Illi thL IITIYIIV£llLAS uf ihc.
¢vJluUtL Ihe Dppropriai¢nL'SS of WLLAN1InS 4rAI Lk- trimMbILcS of acwiiLltiii# csiiiiia¢o¥ ali
l..Ilid by ihe In¢¢.
¢(IlliliiilK oil IhL' app¥opriai¢nK5S of t. In¢<%. oc ih¢ w)In# eoMc¢rn ba61$ 01. ccouThiing Jixi. h#.4Ld on Ih¥'
iklil Whl.r a mJi¢riil unc¢nainiy LXl>l% Tclali (li1 QT {on(Iili(Mi that Ilwy L'nhl
d•1¢ of our AuJiioi Hth¢%cJ, (uiur¢ ¢%cnib or i711110¥15 1114).
fiiuse Th ¥liibfiiiibl¢ ¢<)iiipJny to ¢¢45¢ io cnniiiiii¢ 0$ 4 1118 COIK¢
RFP()RTOP TIIF. INDFPF_NDEKf AUDITIIRSTOTIIF NIÈfvIIIF.RSnF
GINGK()
1.4 CONIPANY LIMITf.D tjl. GUARANTt.r.)
%'( idL'illifi¢d thc laws and iegulaEiOnS applicabl& 10 Ih¢ chdiiiabk C4MnpaDy thiough diSkU%Sitrll5 lIh Iru¥1$
i)Ihcr ii1ana¥LlnC1. and Iroiii our ioiiimerciid I knVThlL¢ ll1 ¢xpcTJrn¢¢ of thc (rI1•bIL r¢Mttpany's Siilor.
%4.¥ Iocused &)n &pecific laws and re7allon whKh cojbswjded ma) hair a dir1 matrrial effcffl (w lhe
linanLial %lJlCTllLnil4 lir ihL UPLWIIILID% uf ihc rharilJbiL' ClWllPany.-
'e .Is%e%%ed ihe exEeni of compli#nie M'ith ihe laws and te¥ulaihMs ideMifLcd ihrough nuking ¢nquiij¢% of
INiI¥L'lliLDi in5plI ILYI CVTf¢5pxMkn¢c.
W¢ A%%¢SNed lh¢ %usLep11biliiV of ihe ¥1114bk u)mpaAV'S fiThaiKial Sl¢lent$ Ini551aiemeni.
Illiliidiiiy thuiiiin¥ ai) Wth.rNtaiidiy frnl iiiighi Uf4ur. by-.
. Inakinbr LqUirI¥ 41f rrnSlyCni 45 LO where ilw LwdLY thcre a5 $USNIbIli1Y lo fraud. Ihcir knoivlulgL'
(If H¢tuil. >I15Cled and alleg fraud..
¢i)nsiJcnnb Iht ini¢rnal ¢onrA)l$ In pla¢t kn miiL8aie nsk$ Of frnud I1 n¢M4omplian¢e I.?¥ An¢J
I'oHddr¢As Lht riskal'lraud thr8 rn?nis¢m¢mi biJsnd ts%'¢rrid¢of¢Mirols.
. perfiirmed Antslyriilll wo¢re) 10en11fyJThymJw150TwKxKtt1Cd rclationthip&
- iliSe>thl .he£her 8$5uinprions in dereniiining Ihe e0[liS estimaies 'ly¢ imJi¢Jiivt of
In lo lh¢ risk of iirr8iilpiiries aijd n¢xb
RF.P()RT OF THF. INf)F.PF_NDF.NT ..IIIDIT(hRS TO THF. Nir.'klllF.R% OF CIlN(JKO IA C()NIP4lNY I.IKIITF.D B Y CIUARANTEF) [1st &f Oiir rer 'I'lii% r¢wit Js mild¢ sol¢l! 10 th¢ ihariiabl¢ iompani's nJ¢mtrs. &% a h)d¥. 111 l¥llh Lhapi¢r 3 1)I' Pari Ib lil- IIIL. ('iimpaniLS Aci 21M16 Our audit iioik has bn th 11817 slYIC 10 ih¢ chxriiablL' cvnipaii)'s InLniiK'rs Ihosc maiLL'IS ari tC4iiirrd 10 %LthiC 10 In a1¢{[). rewrt llif Iio i)IIIL'r I)IIry)D*L .1 o ih¥ liillLSI ¢Xtiili p4r111¢4 b) laii. 14¢ th) i)01 #i¢¢Pi or sum¢ r¢iJh)nsibili15' 111 4n!'ttll¥ Dth¢r Ilwi IhL' Lhariixble Ll)IIIPilll% 41nO Ehe klithrilblc nIP1>.5 m¢mkrs ay a ld}. for otyr #uJit for ihis i¢pon. cir liu) Plii%f¢r IIA I.I'A ISeniorSiaElltoo AydtknWI ri)r Hiid hlD I.htI.{?I'NlalrhthILWth ('ompaA)' C-hnn¢[ Accouniwits Ilou%¢. Kiimfordccburt I.IvL'ryK17 1)4¢e l Au8115121J24 16
Sttew.tnt of F5nantil A¢t51'lt5¢$ for year JI Dv.:mber 2023 2023 2022 rirfed Toial FM•ds Unreslric¢td Re5trlrled Fuods F¥r¢ds TolAI Fyndi Income Donaiions lind GTArtIS llicoinc froni oihLr Irading 1243.080 60.(th 1.303.080 140.795 40.480 181.275 67.jll 15791 89: 18.831 67.ill {579 894 18.837 24.739 108 588 3.373 24,739 108 588 7,375 Gain oil curreticy ¢xehan8e liileiL¥I rcLLiv&bl¢ Inroii¢ fra illVC5Menl$ 'rotl Incorne 1,329,S43 60,0 1.389,543 ',69.605 40.480 210,085 Expentilturt Expendiiurc on rai5in8 furth.. Tradin¥ JClivili¢s ¢ost .'Ip¥ni.iiJrc on LliariL.bl¢ {33.76£) (4,1591 137,9271 119.3021 1164.JJ?) 1109.2771 {273.6341 1214.1341 155.8151 1269.9701 'I'olyl fyptiiditlire 1198.12: 1113,4361 (111.5611 123=.9961 (55,S 461 1289.8321 Guinlllossl from inv¢sim¢ni 77,755 77,756 134,7201 134.7201 Net:ncome l{txptndlturel 1209.114 153.4361 1.155.738 (99.1 101 115.3:6} (114.4661 lie¢up.L.'IIAtiuii vf funds Toial fvr,r15 brought rori&ord 19 361 •13 67.178 428,411 460.344 542,878 Tola5 iunds carrled (onY#rd 1570,1.(7 1).742 1.584,149 361.233 67.-, 78 J28,41 I All incomc and expenditure derive from continuir.g affliviiies. Th¢ slal¢m¢nl of finan¢ig1 aclivili¢5 includ¢s all and105S¢S T.%ogDiMyJ duTiThg the y¢ar. 17
B4lan¢e Sleet asrJl Drttmbtr 2023 Ccmpny ijumber 08565380 Note UJbre5tricled Restricttd 202J Unr¢5tA¢t¢d Restricicd 2022 Fixed assets Investments .332.742 1,332.342 Toial Flxed Assets lJ32J42 I JJU42 Current Isseis SILKk Debtors lrtvesthi¢ois Casli at bank and haiid 14 85.444 39.227 85.444 39.227 23.214 16.SQ5 251.714 16,S(JS 251.714 13 l82.11)8 13.742 195.850 74.4(57 67,178 141,645 TnlAI current 5sets Ll&bllllles 306.;.79 320.521 365,900 433,078 CrLdiiuTS- Amounis 17 168,7141 1611,714) 14,6671 14,6671 I cl current 4sscls 238.(05 13,742 251,1107 361,2JJ 57,178 428,411 'I'ul#l UYCty le55 rurrenl 1370,407 13.742 JS84,J49 361,2JJ 67,178 428,411 '¢1 Assrts 13.74: l J84.149 JOl.Z33 67,178 42¥,411 ehthrlrv,. un¥trICI¢d income funds R¢valuJlion $Cry¢ Eiestrieied in¢ome runds 19 1.514280 56,127 1.514280 56.127 13.742 332,$12 28,721 332,512 28,721 67.178 13.742 67.178 TotAI Charlty Fiinds ,570 t,C7 13,742 .584,149 361.233 57,178 428.411 The flnancial statcmcnts wcre approvcd and authorised for issue Èy the Board on linsei approval datel Signcd on bchalf of the board of mjstecs Ilarry Elall, ChaiTof Irusiees Daic.. 29 JULY Z024 ie notcs on pagcs 17 to 28 fonn pan ofthese xcounts. CoiDpatty i¢brjblialion rLUtnb¢r'. 08565380 18
Stat-meDt of Cash for >'earedIllg3I Dffctkber ?011 Nol¢ ZV23 2022 Cash ieneritd In op¢r2ilng xcilvltles: 18 1,037,925 141.05ZI C$h flow¥ (rom lthi'tslln£ icilvltles: Dividciids and Inieresi from >n%'esim¢n¢s 18.837 77,756 894 3.375 134.7201 260 Gal105$ on sale of s¢¢vri¢ies liiiercst r¢ceived Lossl gain on cutTency exchan8e {579} 108 ,Ytl tfish 2tther#ied In InvtstlthE #cilvliles: 96.908 130,9771 Increasc in Lashand cash equivolciits in ¢hc year 1.134.833 172.0291 Cash and cash equivalcnisai the be¥innin8 of theyear 393.359 465.388 Tvlul ¢a$h caih equlvalents at ihe end ollhtyur .528.192 393,359 Cli ih <Ash eiiuii'*l¢nls ¢onslst of: Cthsh Jt bank and in hand 195.850 141.645 Tradc secunties (included in ¢ur(¢nt a8S¢t inv¢sthIts) .332.342 251,714 ,528.192 393,359 19
P4otes to tht 4cwunts
I Sumrnary of slgnllleant aceountiTrg policies
I CetherMI Sthforniation and basis olpreparalion
Giithko is 3 rumpdny limited by ¥uaiartiee, irtcorwraied in England and Wale5 With a Tegisl¢icd nwnb¢r 08565380. The reg2siered
ofliee is 4 fvlolasses Row, London, SWI 1 3UX. In the cv¢nt of the chariry b¢ith8 wound up. the Ihabilit). in respect of ih¢ guarantee
is limil¢d lu £10 P¢T metDb¢r of ihe charity.
The charity conslitutcs a publi£ bcncfiE ¢nlily dL'f]n¢d by FRS 102. T]ie financial siaiemeiits have been piepa"_¢d in 3rrordan¢¢
Wltb Accouniing and Reponing by Chariii¢5'. Sial¢m¢nt of R¢¢omJr.ended Praciiee applicable charitjespreparing Iheiraccoun15
iii accurdantc wilh Ilie FirtartLial Reporting Siat)dard applieablc ITh th¢ UK and R¢publi¢ Df wland issoed in October 2019, Ilie
Financial Rcporiing Standard Jppljcable Lt) Ihe Uniied Kingdom R¢public of Irclarmi {FRS 1021, the Chariiies Aci 2011. the
Coinpunics Ari 2006 and UK Gtrterdlly A¢¢¢p*d P.ccouniin8 Praciice.
Th¢ finan¢ial siaiem¢ni$ are prepared on a 80in8 concern basis under the historic•1 ro$1 ¢onv¢niiokn. modified io include certain
ilcnis ai fair valu¢. Thc finan¢ial al¢M¢t$4TC pres¢nted in sterlir.8 which is ihe functional CUTrcncy of iht ¢haTity and rounded 10
Ilie nearesi £.
Thc significani accouniin¥ policies Jpplicd in thc p(cp4rntion r]nan¢ial stsiemenis ar¢ w oui below. Thcsc policies have
b¢en ¢onsisi¢nily applicd to all years presented unless otherwise sthied.
l)) Fund%
Unrc51riLied fwids areavailable to spendonactivititsihat further anyofthepuTposes of charity.
D¢$i¥nai¢d (und$ ar¢ unre$iri¢i¢(I fund$ of th¢charity whi¢h ihe have decided ai their discrclion to 5¢t H5id¢ lo usc for
spcLifir purposc.
IlcslTLLicd fiinds arc donalion5 whhch Ihc donor ha5 5wifi¢d arc to b¢ solely used for parli¢ular 4re8s of ili¢ chariiy'$ work or for
5p¢Lific art151ic PTVj¢¢ts b¢in¥ undertJk¢n by the ¢h¥ily.
rl ItLinm¢ r¢¢ogniilon
Iiiioiii¢ i.q r¢ro¥iii%L¢J wli¢n Ih¢ charily hJ5 Cnliilallcni EO th¢ fr. apy p¢rfutmanr¢ rondilion$ allached 10 the Lkmlsl of income
114vc b¢¢n ni¢1. 1115 probabl¢ Ihai ihe incom¢ will bc T¢c¢bv¢d. and th¢ amoypi b¢ m¢a$ured reliably.
. For donaiion5 io bc rccogni5cd ihc ch4riry w'ill hJv= b¢eD noiifid ofihe amounts th¢ settlertieni dale 14 wriiinb. If there llre
Londiiioiis aiiachcd 10 Ihe donaiion ond ihis r¢quircs a level of perfomiancc bcforc ¢nliil¢ni¢nl ran b¢ obiaiiicd. Ih¢rt in¢on)¢ is
Lfci rL'd iinlil those coiidiliorts are fully mei or Ihe fuifilmeni o(Ihosc ¢ondiiions is wiihii th¢ control olthe ¢haTity, and 1¢ 15
probablc tlat Ihcy will bc fuifillcd. InYcsiyn¢nt inrime 1$ Trfo8ni$l a r¢¢¢iv•bl¢ b8$1S.
dl Donated prof¥slonAI servl¢es Ind fa¢ililie5
Donaicd prof¢s4iOtLal scrvires pnd donal¢d farilili. s aT¢ rrfovj5¢ as itKom¢ ivhen the charily has conJol over Ihc iiem. any
condiijons asso¢iaicd iviih iht doDated iicm havcb_yn met. 14c Ttheipl of ccorbomic bcnefil from Lhc us¢ by ihe ¢hJrity of the iiem
1.4 probablc and that econotnic henefil can bc meas'Jred liablY. I:) accordance with the Chariiies SORP IfRS 1021. the seneral
voliin:evr titnc of the friend5 are not recognised.
On rcccipl. donaicd Profcsstonal S¢Tvi¢es Qnd donited factlitics are Tcrogni5¢d on th¢ b¥rj% of Ihc valu¢ of the gift to the charity
which is Ihc amouni ihe chariiy would have b¢en i'
rotes to Ibt Ar¢ounts l ArcountiTrg Pojiciey Iconlinutdl el Expendiiure ExpL'ndiluTe Is recognised once ther¢ is a l¢gal QT con$tructsv¢ obligation to make a payment io a third party. it 15 Probable that settlem¢nt will b¢ rcquired. artd the amount of th¢ obli8aikoTh can be mcasured rcliably. Exp¢rtditiire Is ¢151f1¢d under the followinbp aciivity headit)gs'. Expendilurc on chaTiiable activities includes the costsof conf¢reJ)ccs. in¢luding the fl18ht ILckcts. and acconimodaiion of the speaker5 undertak¢J) to funh¢T th¢ putposes of the ¢hariry and their associa1 suppon w$is. Othcr exp¢ndiNr¢ Tcpre$¢nts those ii¢ms noi fallin8 into the caiegorhes above. D Supporl cnsis alli>¢ation Suppi)rl ¢0515 are Iliost thai assis1 Ihe work of Ihechariry bul do diT¢¢tly rcpreseni ¢hatitabl¢ actlviiies and include eice cosis, ¥OV¥IllJnCL LU¥ts. adinini51raiivc payioll ¢osts. They are incurred direaly in 5uppon of eXp¢ndint oil Ihe obj¢¢is of lh¢ ¢harily and include projccl managcmenl carried oui al HcadquartCf5. Wh¢r¢ sypport ¢o$is ¢annoi bt dLrecily aitribuied 10 headings. Ihcy hdv¢ b¢en allui.Iied 10 LOSI of raLSin8 funds and exptndiiure on ¢knible a¢iiviii¢s on a basis ¢onsisi¢ni wilh use ofi11¢ resources. 21 Crtdiiors proilslon¥ Crldilurs and pruvisiuns afL iecognised where the charity has a PTcxfbt obligaiion rcsulting from 4 pasi eveni that will probably r¢sul¢ in Ihc lran.sfer of fund5 10 a ihiTd party and th¢ amouni due to serile Ihe obligaiion can be measurcd or csiimalcd reliably. Crediiors and provision5 are normally recognid PA:h¢ir 5¢111¢mcni amounl 4fLer alluwin¥ for any iradc discounis duc. h) Corporlltlon Tax Tlie clitsrily is exempi frf)m x on iiieome and ¥iains iallin5v wiihin kyiioo 505 of ihc Taxcs Act 1988 or$¢rlion 252 of ihe Tux?tiun of ChJr¥cabl¢ Gains A¢t 1992 10 th¢ exient that these are applied io its chari18ble objecis. il Loing 'rii¢ fin811¥iAI yiaicniiii15118ve b¢en prcparcd on a going conc¢rn basis 15 th¢ Inte¢S bcli¢v¢ that no maicrial uncenaiiiiits exisi, The InisiL'CS havc ciinsidtred Ihc level offunds hcld and lh¢ expled Icvel of incom¢ Hnd ¢xndItuTe for 12 nionihs from xythori&in¥ Ih¢s¢ financial siai¢m¢nis. The bud8¢d incom¢ and ¢xpendiiure are sufflcieni with the level of re5crvcs for the harity lo b¢ able It> £onlinuc a5 4 going ronccm. 11 Slgnlfitattt ludgemethts xthd cstlm*tcs Th¢ lollowing Judgcmcn15 lapan from th0 involving ¢51imat¢sl haye b¢¢n Thad¢ ID th¢ process of applyiTh8 the above ac¢ouniin8 policils Iliai hdvc had Ihc inos1 si¥nificani cff¢ci on amouThis TccoBnis¢d in ihe fipaThcial siai¢m¢nts'. Apportiolini1fjr support and9¥¢Tha¢ rosi$acTQSS tharilablL a¢iii'iiies. Thc most si¥nifiranl accouniin8 ¢sliThat¢ 15 lh¢ Valualion of $t¢¢k- see Dole 14. Thc istimulc5 and undcrlyitL8 assumptions arc l¢Wed on In ongoiig b)si$. kl Current Asset Investment Thc ch.ariiy has invcsim=nis in iradc sccurili¢s which li hold5 for r¢581¢ orptndin¥ th¢ir 5a]¢ and rash cash equiwal¢nis wiilj a maiurLly daic less than ont ycar. Thcsc include cash on dep051t and cash ffjuib'alents vq.th a maturity da'Le of l¢ss than one year hcld icr inv¢51rn¢Tt puTros¢s rath¢r than to m¢¢1 5F_ort iemh cashcommiiments as they (all due. Trad¢ sccuriiic5 have been valued ai,'AaTk¢i Valuc at Bal.3nc¢ Shcct datc. 11 Siock Siocks are v21ued at rhe lowerof cost and nelrealistblcvalue, aftcrmaking du¢ &llow8nc¢ fvTobsol¢t¢ 8tLd 51ow-movingsiocks. 21
Otes to tbt attouois 2 frorn donalions and grants 2023 2022 Donations Grallfs Donated f¥jlili¢s 3nd swvitt5 .135,654 51.222 22.627 107.426 107.426 1.303.080 181.275 The iTh¢om¢ frorn donations 3nd 8Tants wa5£1,303.080{2022.. £181.2751 ofwhich £1,243.080 was Utir¢51riEl¢d12022.. £140,795) ar £60.LW resiri¢ied12022.. £40.480). Restricltfl donailons And lrt¢ludc= Kh&l511i Fiiiilicnsi- £50.000 lolyaid Th¢ Hajj AThd lh¢ Art50f PiIgnn¥e Khalili publication. Axel Hansin8- £10,000 WardS The Fellowship Retr¢thi pwj¢¢i. Unr¢¥trl¢i¢d donallons and graDt5 Include: Bdrbfjra S¢hw¢p¢k¢- £35.984 in ¢ash Hnd £1.087,462 in Trading sccuriiic Th¢ charity 15 Very 8rai¢ful io Haus Publitht48 for lis¢.11ue support seconding hVO$tiff mcmbcTS to help wiiS1 Proj¢¢t manag¢methi. Book produfflion Accots. The eMim8ied value of these services is £33,92(7 IL022.. £33.9261. Tilt Charity ¥OJiliou¢s lo b¢ncfil immensel j from ihe support of ils volunteers. Dr Ilarbara SChWe.ke and r)r fvfcl4lliiC Gibson. who proi'ided professicnal servi¢es dLifirt8 the year as Chi¥f EX11v¢ nfficvr and Art Serits E(liior rL5peciively. Ili¥ ¢Slirryal¢d value of th¢se seri'iccs is £63.51yJ12022.. £63.5LKII. It 1$ also v¢ry gr4E¥ful 10 Dr 13aTbaia Schweixke who prLivi4ed'the offlce spac¢ for ih¢ rhAiily to oprni¢ smooilily. Th¢ V&llu- of $urh prol¢s510Y& al s¢rvices and f"¢I1111t5 are reLO8nise(I w'ithin inroming re50urccs as donation, and an equivalcni thaT8e Lncluded ivithin th¢ T¢l¢vani ¢o$i c¢nI5. In accordaThcc wilh FRS 102 nd Ihe Cliarili¢$ SOKP IFRS 1021. Ihc onnIC ¢opiribuiion of 8eJJeral volunieers is not reco8ni$ed iti the a¢¢ounl5. 3 In¢omt from trgding activities Rulrict¢d ds 20L. Uart51ricled Fvnd5 2023 Resirlcied urtds Unrtstriclcd unds 2022 2022 Book sa]¢5 67.311 24,739 To'1 incomp fr¢)m tradinB aetiviiies 67.311 24.739 4 12kttsm¢ earne&. (roni snve5tment Tli" iesu115 Of th¢ group's Iiii'csim¢ni of£9C,J9312022.. £7-..344 defieiil arises from profits on d2$posal ol inYc5tmenis, dividends and itJieres1 Teeeived fJY>m jni.estrtT.t if% tsad¢ secutities.
Notes to the ¥ttounlS 5 Anglysls of expendlture ldIng tstdty4tlts Fc5trirtrd UDrtslrirt¢d Funds Funds 2023 2023 R¢$tri¢tcd Fund5 2022 Unrestrl¢ttd Fknnd5 2022 Book Salese0mmi1Oll Book publicityand pronioiion Book distribution and sioyage 9.176 4.962 5.724 4.159 7.109 14.841 4.159 33.768 19.862 6 Ansl>51s ofrxptndliur¢ Ojb ch#rliable artli.ltltS Year Z023 FcUow5hlp PubltshlDg Gr4nt5 Toial Book prcduction cxpcnscs Fellowship r¢lrcaV&pranpr0jects Graiiis Govcrnancc costs Iscc noic 7) Gcn¢ral supw>n Costs Iscc noic 71 63.746 63.746 32.076 12,000 35.360 130.452 32.076 12.000 14.144 J2,613 14.144 41.745 7.072 56.094 87,965 126.912 55.757 273,634 The total ¢xp¢nJiiur¢ on ¢haTilabl¢ •¢tivit1¢5 W4$ £273,03412022.. £269.9701 of which £164.357 w. unrcslri¢lcd12022.. £214,134) ?lld £109,277 'assTriCIcd{2O22.. £55.8361. All r¢51Ticl¢d CKpcJiditurc wa$ r¢laicd io Publsshing. Thc Charity initially idcnlifics Ihc cosis ofits support funciions. It ihcn idcniifics ihose costs which rclaie to the 8vv¢rnan¢¢ lunclion. Ilaving id¢niified its gov¢mancc cosis. Ihc rcmaining suppon cosis ILigcilicr wilh ihc g&lV¢rn41n¢¢ ¢0515 ar¢ apponi<mcd bciw¢cn lh¢ Ihrcc kcy chariiablc aciivjiics und¢nakcn15ec not¢ 71 in lh¢ year. Refcr 10 Ihe 12ble below for the basis for apponionin¢n( and Ilie atthlysis L)f suppon al 8tsvernance costs. Year 2022 F¢lloMJhip Publishitto Gr*ttti Tot21 Beok prudu¢iion expci Fellowship retreaLl¥ranislproje¢ts Govemance eosis {see noie 7) General support Costs (sec no(e 7} Sl236 51,236 40.392 33.121 145.221 40.392 29.809 65.349 3.312 79,872 liS.551 134.420 169,970
Notes tothe actounts 7 Analv5is of goYernanc¢ 5UPPOrt Costs Governance cosis are apportioned acTOSS ihc charitsble aciivilies. 5plii 40120140 {2022.. 901IO/O} b¢Xv¢en Fellowship reireai, publishLng. and gTanis. Thisapportionmethi isdiciaied by an tslimaie of Ihe respeeiive lime dedicated by the irnsiees to eath aciivily. Support costs have bccn apportiontd usirt8 an estimate oftheiime speni ort idminisiraiive kS by Ihecharity on eJLh Lif th¢ artivili¢s. ExpendiNrc on the Retreatconsiimie5 financial support fororganising thcGingko Inrf11th Fellowshhp Retreat. Yetsr2Qll GtThcrnl 511PPOrt GoitTnnct (umtilo Bills of Total apportionment General admitsisirniion ¢xpis¢s Staff ¢osis Audilvrnn(1Cnt R¢vi¢w¢T F 33,026 97.426 33.026 JnvoLc¢d 126.786 AIL(¥J gi 29.360 130.452 3S,360 165.812 Yetsr 2022 General support Goi'ern#nce Ba51s of Toill 8pponlonment CJ¢ncral adminjsiralion exrnses Staff costs AudilorllnJepthMlthii Reviewer Fe¢$ 47,795 97.426 47,795 Invvittd 129,047 I,S(M) 31.621 1.51KJ 145.2ZI 33,121 171342 8 Auditor's remuTherallo The auditor's rmun¢TaliQn anKJunts loan audil lind¢pendep.1ttominaiion ftt of£6.OW n¢1 of VAT12022.. £1.51. 9 AnalyJl$ o(st4lf cos15 2023 2022 Salaries Social security cosls Pcnsion costs Seconded Staff Volunl¢ff5 29.360 31,621 881 33.926 63.5(K) 930 33,926 63.SLN) 127.667 130.145 The Irusiees wNenoipaidorTece2ved any oiherbethefits from employment with the Trust in the )'eir(2022.. £nill. Only oii¢Trust¢¢ clainJ¢d expense5 from ihe Charity dunng Ihe year. MT Mohanimed Gamal Abdelnour was reimbursed for travel costs amounting ttr £1.651 {2022.. £nill. No chariiy ttusiee receLved paymtnt (or professional or other setvices supplied io thp charity12022: £nill. No employ¢¢ ieceiv¢d employee b¢nefits from Gingko of mQT¢ than £60.000. 24
ID Ben¢fit$ in Kind DuTln¥ ih¢ y¢aT two of thc 5 stsff wcre employed by Hau5 Publishing and SOa¢d lo the Charity. they worked part ijme. the other sthff were ¢mploy¢d dircclly by th¢ charity. 11 SOFA.. TIIL. SOFA layout hasbeen ehon¥d frotn th¢ 2022 a]nts. 1# 2022 dividends and in1¢51 re1ved from invc5tmcnts were included itl the line aInl{lO$s) from investhienl.. In thi5 ycgPs arcounis thi5 iDcom¢ 15 shown on a separaie line called'Income from Invesimenis,. Also. Ihe'Gainlllossl from invesim¢rti' fJ8ure has b¢¢n itlocxied aJ)d [W app¢aT5 W)der Ihe Toul expcndi¢ure' figur¢. 12 Below i$ th¢ SOFA for Ih¢ PViOuSy¢BraS i: wa5presenthl in the A¢Unts for Ih¢Yearendcd 31 Dec 2022. 2U21 Unrwirlcied Fupdi R¥I¢t¢d Toil Trullds Fynds Unrtsiriclod R¢strlrled Fujbdi FuThds liicom¢ Donaliothg andGTants Iniome from other trading XIIVILlea 140.795 40.4) 181275 431.367 61760 494.127 24.739 24.739 Gain on currency cxchan8¢ Ini¢rcs1 rtt¢ivabl¢ fjaikvllossl froin invests$ 588 131JA41 775 7J21 131 J441 7.521 TDtvl Inromt 134.885 40.410 175.365 439.663 fi2.760 502.423 Exp&ndllrt Expendiiur¢un rAJsing funds.. (19J621 119.8621 Erypendihircon charitsble 4¢tiviLI¢& Q14,1341 1$5,8361 1269.9701 {217,O391 133,6301 12SO.6691 Tol41 Expendllure 1233.W61 155.836} 1289.8J21 017.0391 133.6301 1250,6091 N¢t In¢fyme I Itxptndiliirtl 115J561 114.4671 222,624 29.130 2S1,754 RteDts¢lllAtloD of Total fund5brou8h¢forward ¥2.5J4 542.878 53,41M 291,124 Toi*l fviids ¢arricd forward 361233 67.178 428.411 460.344 52.534 542.87R IJ Investment Fixcd asset invtsiment {?022." curt¢nt ats¢l inv¢srm¢ntl. Thecharity has invcsied in Trade Sccurilies which aTC valu¢d initially al cost and subsequenily ai fair valuc (their market valucl ai the ycarcnd. 25
ote5 to tho accounti Market valu• atOI.01.23 .ddi4ions Di5posa15 CapirJl atkl¢d Revaluaiion 251.114 1,339.440 11.402.4?1) 1.087,4$2 56.127 rdarkctvalue ai 31.12.23 lJ32.342 Tb.¢ inve$iments Irt held in tt lfOllO nwna8¢d by EvclyTh PoTth¢f5and are wJ•lysed as follows.. 2023 2022 B0dI th'rlinB Bondsfiilier Ali..'piaiiv¢5 and mulii a53¢ts UK EIlV'.II¢S Ov¢r.7$ Equili¢$ 272i17 87232 55.SY)I 19.87? 66.815 28,8?7 so,!01 27-..9$4 492. po Total 1,332.42 251,714 14 Stock 2023 20•2 IJovk$ 15.444 23.214 IS D¢tr$ 2023 2022 Tradcdebiors Oincrdr.biors 75,426 3.801 12.2(K) 4,305 19.227 16.5e< 16 Cash btsnk #nd ith hand Th... fii>iirc incllidcs casn held as a pan.jf the invesimep.I ponfoliLTr of £100.067 (2022.. £29,236) and ¢ash iii khe Charity'5 Clltr¢Dt end d¢wb51. i¥ry£un¢s tk-. 'rr¢nt and th¢ prior ycar. 17 Crtdlttsrs: #mounts fsllinB d¢ rfihln on- ye•r 2023 202 Trade Credito Tdx artd social security AccNAIs 00,594 1,010 7.200 1.857 1.010 1.81h) 68.714 4.667
Note5 to tht #t¢outtts 18 Rv.onc'l¢a¢ioll of Det movem¢n* in funds'.e net ta5h (loi-., froin opera.ing artll'bties 202 2022 Nel movclnent in fvnds Gainsllloss¢slon &Trvulm¢nts Di:'idcndsand inlrrcstfyom inv&sini¢n15 Inl¢rc51 rcttived LO9gain Oncu¢¢Y exchange Incre¢ (dera5¢) in OCk Incrcasc Idwra%l in dcbio Itycrw¢ I($¢) itt ¢reditors 1.155.738 (77.7561 (114.4671 34.720 (18.8371 {894} 579 1622.101 (22.7:21 64.ts17 13.375) (2) (1081 1232141 66.997 {lJ461 el ¢ash generAleLI operatlhg I.037. 141.052} 19 funds Restrlcted Tot81 Funds as 1¢ l January 2023 In¢¢nie for Ihe J'L 361.233 1209.1:. 67.17¥ 4?8.411 153.4361 1.155.738 rundb u5 ul 31 Dcceinber 2023 1.570,4P7 13.7A2 1,584.149 UIIL.%- ijrevlobs J.tr Vnrtstrleiei. R¢strleted Fi'.nd% as ai l Janub'ry 2022 NLt IExp=ndiiureV]ncom¢ forth¢ }'car 82,534 34?,878 (15,3561 1114,4671 Fund.595 ul 31 Dccembe.. 2022 3612J3 67.178 428,411 F41ovemcnl 5n Funds an 2022- 31 Dtc ?023.. 1.110,063 (68.7t)21 1.041,271 Reyxlullilon reserve 2022 56.127 28.721 27
Notes to ih- Ac£ounts 20 Relted pllrty transicliun Infomiaiion abour Telaitd party fraa¢fi0& and outstanthng batatK¢s i$ovdined below.. Ou1512nding bJAthtes Dr/lCrl CommitmctL¢ Tntomt Exptnditur¢ Nawie.. Siiftung Gingko Library NaDJro of relationship.. Iknnor Ai end 31 DeL 2022 Ai ¢nd 31 2023 16.627 Siifiuiig Ginbvko Library is a Sliftun¥ lehaTL'.yl rc¥i51ed in G¢rmany that wascsiablishcd in 2015 10 Tai5e funds in Gemiany for Ginsko, the UK ¢hanty. P¢riodically, funds rai5cd by Ihe siiftung are donaie41 to Gingko. Two Trusiees Illarry Hall and Barbm S¢hwyk¢l are •150 mcmbcrs of the vorstsnd (board) or Siifttlng Gingko Library Out#tndlng b•l8llf¢S Drllcrl Co71]11Ment Exprdi¢Te Ndinc.. Ilau5 Publi5hin¥ Lid NaDarc of rel71nSh7p.' Supplier Ai eiid 31 De4 2022 A¢¢nd 31 Dec 2023 33.926 33,926 2.147 3,721 501 556 Two Dir¢rtorsuf Huus Publishing Ltd are 1]. Trusittsof Gingko. Haus Publishing Lid provide5 5crvicc5 tn the Charity at cosl pricc including sales commission. rA)$12g¢. provides dats iiilc5 lo the book industry. 511ippiiig serviLes, and peiision afjminisiraiion. Two staff m¢mbers ¢ 5¢¢0rHkd by Haus Publishin8 Ltd 10 Ciin8ko to a$si$i w'iih rrojcct managcincnl and attouiil%, lic vulu¢ of ihcir SCTViCeS proviiie(l io Iht Chaiily for lh¢ y¢ar 15 £33.926120•2.. £33 0?.61 Ihc vdlue of Ihc5¢ donat¢d scrvicc5 Is ineluded in IM)Ih In¢om¢ and ex[111U. follciving UK GAAP. The 55Llary 1Saiis Publishinby Lid paid 10 Ihe tw'o $Esff m¢rDkrs are as follows.. Harry Ilall £62.315 and Luy AguilLr# £45.OtKI r Ilarry I lall Is Ihc Chabr ofTnisttes ofGLn¥ko ond 1$ a Dir¢ctor of Ilaus Putlishit)8 I Id. Dr Btrbar SLliwcp¢ke is a TTUSl¢¢ of Gingko and a Dirccior of Haus Publishing Ltd. She arts a5 CEO of Gingko and TeC¢iV¢S 110 Tenumeraijon fcr this wwk. Ours1gndln2 balan£c$ J)rllCi) Co4Jnilimtni .r¢Ollb¢ Experdllure r4am¢." The AnnrhoirTrnvclleT i The Boukliaus Lid Nature of redi11ion5hip'. S¥pplieT Ai end 31 D¢c ?022 Ai end 31 Dec 2023 13.312 42,462 2.447 8.IX)3 2.432 Dr Barbara Schepckc 15 also Ihc Dirttior of The ATmch&irTTai'¢ll¢T ai The Bookhaus Lid. a eomp#ny thai provides disiribuiion services and siord8¢ Icr ail Tille5 tht Chaily publishes ai cosi pric=. Only onc Truste¢ rl&irt)cd expenses from Ilit Charily dunngthe year, Mr Mohanimcd Ganal Abdclnour Was T¢imburs¢d for travel costs amowitii)2 kn £1,651 (2022_. £nill.