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 M4*JC'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 coll￿tIOn. 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.elnr*ur 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>'na￿os,-:
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 iho*igliiS 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 Pr￿￿r￿MMe
• In 2023 GINGKO launched ils GraT': Progr*mTe. 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- r￿id 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-JV￿s[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 kJrary*l)
•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 ￿'t￿lleÈ.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 0￿r 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
if￿*4-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 R￿trCal and L4c thing progr0nL￿e.
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¢ wel￿￿Èe(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 Reli￿at 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 delfj￿1,.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 Int￿rr￿-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 det*ils
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 revis￿d 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 CU*Yenily 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 Cu￿en1 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 doll￿110￿ 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 a￿￿1.'¢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 judgm￿￿1$ 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. ￿giS1￿110n 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¢-.
T￿￿er0 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 INDEPEN￿￿1. 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 I￿￿ThI￿v O?.? ￿,h1¢h ¥i¥npr'se ihe Si3:¢B￿nI •( trii'an¥ial Acii¥iiic$. thc f4alJncc
lid Lniicd Kiii&idoTn Arrountin¥ Siiiv&ITd5 {UJiiird Kingdom Irenmll% Ac¢4'PtLyJ .-IcrouD1i￿& PrJrii¢¢i. in¥ludin
Iil-.Ill¥iAI Stand.-iid 11)2 -1.he Fiih)IKial Re￿￿1￿8, S￿￿L)Id iiwlJcabl¢ itt the L.K Republil ol.
Iiai'c IK'en pKopcrly PSLparcd In aLL￿￿￿¢￿. lliih ￿￿1¢L￿ Kiiiblillilii ￿￿￿L￿llY AiCLYIL41 .4iwuniiilrl
h."i%'< bLYn in J4¢urJnl￿* with ilK C'oli4)th￿¥ A¢1 2(thfi.
Ive jiMiIIuLl4xI o'Jr XU¢li: In ￿￿Ls111a•Kr H-iin Iiiiaii4ijiSnJl Sid￿￿8rd$ 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<il?IlitlL
ri)r iF.¢ J￿11111 inin¥iHI >lJlil1￿nl5 S¢cllun of wr W¢ Jrt ind¢i*wl¢r*l of I1￿ .'hsril3blL' cili11￿nY in
V.. IiiliL%L IhJi I1￿ okndii ..li(k￿¢ 11¢ hJ%.' obiaineJ 1> sulli¢itDI ts]>prthpftai¢ tlP Pli)¥idc
. liblkifE'% i.'ILludcdiii ilic IiiianeiDI staicwrtnv in r¢sF¢:ofih¢FriorpYityJ W¢￿N￿dI￿1.
¢*JTr¢frn
Wb hp%.' thal ihc IThL%iL*¥' USL. ol th¢ Sol￿ conce1￿ hsi¥ or
IL&0iiIILi￿U in IhL IXL ￿lIally￿ ol Ih. lilill￿¢1&l ￿..,¢1114111$ 1$ Rf4Yopr•it.
I 1111 Ilie ii'c Ii¥Yc p¢rformcd. M'e il Jve ￿>1 ideniir￿d thill. ftmierial unien4iniit$ ￿¢￿111￿¥ lo ¢%e1115 L)T
OTItIliUL' .'1 bioin¥ for J ￿rIOd ai le1￿1 nv¢lve mLMiili¥ fioiii ￿kn¢11 di¢ f}ni￿¢1￿1 •￿1￿￿1¢￿¢S #rc
niii r¢5￿￿41b1li1i¢.* arvj the rcsw.'IsibiliilU I)4
..k' In151ces %iili Are (kK'iibLQ 1fL tlie
12

XF.P()RT OF THE INDFPf..N'DLKT AUDITORS TOTHE MI.JIBI.RS or
IA COMPANY UNIITLD IIY GuA￿4￿'T￿L.)
()Ihpr informalhb
"I hi Ini%l¢ii JT¢' r¢%pii%ible torthc oilitw ￿(am￿tiOn. 'fbL' imfomwtloii O)nipnse& the Infom￿lI0n iiicludvj
Iii ilw Aiiniial K¢wn. iiiheT rh*n thL' finath¢thl >LICll*JhL% our Re￿￿0[ ih¢ Ind¢p¢tht Atwliiors Ilier￿)n.
Oui opini(iii Ihc IinwKial SI4￿M¢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$wi44 ¢vn¢lu>iOth I1)ly¥￿Il.
In wi)nii¢¥llON with our audit ofthe fijbancial ￿lIe￿IL*. our rap)nsibiliEy 1% 10 read ihe ￿her iiifornkg1ii)ii d,
in doiily ¥onsid¥r %vheLher th¢ uth¢r iiifunl)dlilJll Is Iiiaiiiiallv I￿￿￿Tr￿lsicnI W¢Lh ihe liiiaacial ￿a¢C￿Li11& iir i)u
kthiwlcdbpe i7￿Ulne1j in IhL' audii ￿ 4)rl*rwi* appe￿ to ￿ makrially mi%gi•*d. If ￿'t ideniity 4Uih iiiaierial
iii¥oniisi¢n¢ics or apparcni m31irial mi%s¢a*incnts, arc rc4uin%l lo dcierminc MhiihLY ihii ri4¢ To a
ma4¢fi411 mI5%1a*Me￿ll 111 Ih¢ linancial %iai¢iii¢nts ihrms¢l%'ts. l(. b￿￿j (￿1 Ili¢ ￿,¢ lJ8i¢ p¢i'liinned, wc
LCIIILliiJL IliJi IhtrL Is J IIKIILnal mi%MalLYMmt of thi5 Trihcr infOrn￿l￿n. WL. lo r¢wrt ih41 fJGI W¢
Iblniknm%thn&thor niiittrs pr¢xeribod b) lhecom￿nlC5 rlci 2
Ihe Inlorinoiion b•ivei) In the RerAirt ui ihe Trusi¢es fur ihe lilw￿cIdI yL4r for whicl) Ili¢ financial %lalL'I)*nrs
Irc Ilykparcd iy c￿n￿lS¢C￿l wilh fiiiAiicial stale￿￿ThiS.. and
Ihk Rcwii lifth¢Ttvy￿5hy￿lrtCrt pr¢pwvd J.'i wiihwli¢¥ble l¢yl rtxivir¢n*D
In IliL' Ii,,Iii th¥ kiivii.l¥d¥L UDJ¥l4ianJiiib' vl Ihi lhJWi￿sk tULnpthy and its bm¥iMiin¢ni ￿1￿*11￿￿1 in Il
ioiirsc ul'ihc ￿￿311. lie Iiaw¢ nui idrnlifi¢d li￿{ nal missiai¢iiK'1115 in ihc vf ihc Trus￿l.b.
Vc INidiiiiB io r￿￿)rt In TL￿r￿1 of rhc fullowini nwicTY whLYe ihc CuiiwJniL% 2(￿ TLNIILTCI U% io
Jde4iiatL a¢LI)llntin¥ rt¢()rd%hx%'¢ h¢¢n kq>ioTwurI￿ forouraudit I￿ver￿>t Ix*n rttYi￿d from
branchc5 11(rt Vl%iied by iiy.
Ihi. linwKiiil ititeinniits.Ir¥' no¢ ino8r¢¢n*nt %Vith Ih¢a¢¢Ounti￿tt(0rd$U￿d r¢tum5' Of
LLX1iiin Ili%ilibufL% ul.in1￿%¢l.l ILmlinLrititrn ￿t￿LIf1(￿ 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 Liiliil￿l iakcwJYJibt.rybY Lbri￿. wwll comp411ics e¥enwiKM froiii ihL' rquircmcni lo
prC￿r& d sirniebilc liewi i)r in prcparLn4 illi Re￿N 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 mi55th1cii*ni.
lu pr¢pariDg Ihe liDan¢wl statort￿nts. 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$ibilities for ihe 4udil DI ih¢ fi&•￿￿￿1
IrDiii iiia¢Liial liiiS>UlillK'nl. ￿.￿clh¢r Ju¢ Iraiid 4)r Lmil. Almt 10 R¢￿ ot. thc I￿￿'pC￿￿thI Auilitvrs ihai
inclth% i)ur ibpinioii Re4)U￿abl￿ a>sUra￿t Js 4 high l¢i.d bui is nDi a guara￿￿¢ ihai &lU(IIt
in aLLi)rdance w'iih ISAS (UK) will a nuierial niisslaiei￿￿l Jr ¢i14TS.
MIy%lalCIII¢TIIS iifii¢ fr¢Xn fiutsd Or etmi aiid *te i(¥￿Ider•I I￿1¢11•1 if. IDdL%'iduall!' (>1 Jii Y¥bireydl¢. IIKY
siaieiii4nis. As p#rt of an audii In aC¢or￿1￿C ￿1th TSAS IIIKK *'¢ professio1￿1 judscinc¢i¢ aiMI moinltiill
profi'k4ityllal N¢¢pii¢i$iii ihmughoiir rhe Judii. We also..
- Ideniily the nskn ibl. IMIx51ai¢m¢nl ihL' cbiiritslbli film￿la1 swicmcni>. ￿￿.lb￿r
de%ibA and Al￿11 prw¢dw¢s lis￿111￿¢ 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￿$. or IK. thi¢¥ri& vf iiii¢rn*l ¢CathlMJ.
billin An iiiidLfslJiMlin8 (Trt. lnien￿l fonirol riTr th¢ Wwlil in orthr tts &'¥igii alidil pfi>C¢41ur¢% Ihil¢ ar
ps?ri)priali In thi ¢I¥Cull)%lJ*li¢l, t￿1 ¢h¢ purw4¢ of ¥n q)Illi￿ thL IITIYIIV£llLAS uf ihc.
¢vJluUtL Ihe Dppropriai¢nL'SS of WLLAN￿1InS 4rAI Lk- trimM￿bIL*c￿S of acwiiLltiii# csiiiiia¢o¥ ali
l..Ilid by ihe In￿¢¢￿.
¢(IlliliiilK oil IhL' app¥opriai¢nK5S of t￿. In￿¢<%. oc ih¢ w)In# eoMc¢rn ba61$ 01. *ccouThiing Jixi. h#.4Ld on Ih¥'
iklil Wh￿l￿.r a mJi¢riil unc¢nainiy LXl>l% Tclali￿ (li￿1* QT {on(Iili(Mi* that Ilwy L'nhl
d•1¢ of our AuJiioi* Hth*¢%cJ, (uiur¢ ¢%cnib or i*71￿1110¥15 1114).
fiiuse Th￿ ¥liibfiiiibl¢ ¢<)iiipJny to ¢¢45¢ io cnniiiiii¢ 0$ 4 ￿1118 COIK¢
<IIU&IILT4' ill Lhe (Inll￿.￿al siQiethl¢ftl%. including ilK d15LlI)%urei.
3n¢l MIILthLr ili¢ finxnrial ¥ioi¢mcnt$ wpr¢6¢ni tAMkrlyinK %l'¢n¢> lTh 4 ￿line{ ihoi achi¢>o
Vo 1gtninuni¢llEE willi ilios¢ Chayyd *iih r¢84Tdin& &*h¢r nMll¢r5. rh" planii¢d &nd
Iiiiiiii¥ of Ili¢ audit a￿¢j %ignifi¢¥iii 4111lii fiNltn8& l￿wIn1 athy signifKAni defKien£ie5 In i￿*m￿l ￿1n1[￿l thai
we idLii¢ify our owiii
Thc ¢Xteiit io NFr proceduru att ¢ybk ot dp*(im8 ivr¢8u1￿lI¢& i￿1￿1n8 hxud IS ddaikd klo*':
Diir approiirh to i&nLilying aX*L*sin8 Ihe 11sks thf iiwkrial n11s5rJi¢Th¢m ID F¢5IK¥I irrt8uluniies,
iniluiliiiu fyolld and non-complipnce ￿.1¢￿ bws •nd TeyylJiims. as
the enga¥eiiieii¢ paiiii¢r ¢iisuryd That ¢nvBciblthl l¢aiil Collecti%elv had ihe 8pprO￿al¢
cthpubiliiies and sk'ill.i 10 ideniify w recognisc r0)n￿O￿p11ll￿ *"iih appliiabl¢ la￿ ￿ r£8ulsiion$.'

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¥LlnC￿1. and Iroiii our ioiiimerciid I knVThlL￿¢ ll￿1 ¢xpcTJrn¢¢ of thc (￿rI1•bIL r¢Mttpany's Siilor.
%4.¥ Iocused &)n &pecific laws and re￿￿7allon* whKh cojbswjded ma) hair a dir￿1 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 in5p￿lI￿￿ ILYI CVTf¢5pxMkn¢c.
W¢ A%%¢SNed lh¢ %usLep11biliiV of ihe ¥￿1114bk u)mpaAV'S fiThaiKial S￿l¢l￿ent$ Ini551aiemeni.
Illiliidiiiy thuiiiin¥ ai) Wth.rNtaiidi￿y frn￿l iiiighi Uf4ur. by-.
. Inakinbr L￿qUirI¥￿ 41f rr￿n￿Sly￿Cni 45 LO where ilw L￿wdLY￿ thcre ￿a5 $US￿NIbIli1Y lo fraud. Ihcir knoivlulgL'
(If H¢tuil. >I15￿Cled and alleg￿ fraud..
¢i)nsiJcnnb* Iht ini¢rnal ¢onrA)l$ In pla¢t kn miiL8aie nsk$ Of frnud I￿1 n¢M4omplian¢e I.?￿¥ An¢J
I'oHddr¢As Lht riskal'lraud thr￿8￿ rn?nis¢m¢mi biJs*nd ts%'¢rrid¢of¢Mirols.
. perfiirmed Antslyriilll wo¢￿￿re) 10￿en11fyJThy￿mJw150TwKxKtt1Cd rclationthip&
- iliSe*>thl ￿.he£her 8$5uinprions in dereniiining Ihe ￿e0￿￿[li*S estimaies ￿'ly¢ imJi¢Jiivt of
In lo lh¢ risk of iirr8iilpiiries aijd n¢xb<oiiipliin¢e with laws aTrJ rc¥ularwn& w¢ de51sned p￿*￿Ur¢S
wlii¢h InLluded. bui Iimil¢d io
- a¥recing financial sthie1iK￿I disclosun* Eoundcrlyin8wrtin8thxw￿ThW￿n.
. reJJinB ih¢ niinuirsLTrfmttiLn¥s of1￿$t¢]￿ls￿ with 8thY<rnWKY.'
- 4n4iiifin8of math48rm¢ni w510￿lU￿1 and￿￿¢ni111 lill￿11￿ W￿¢￿im$."
Therc IirL' inh¢rcni limi¢aliDns in our awlil p[(KduTL￿ ac￿￿1￿ aiKwe. Thc IhAI Illws luid
rL'giii141tii>ii& are friiill lii>anLldl I￿n￿ClI￿￿ th¢ less likely li ts that woukl b¢v)trK ￿￿,￿1¢ 111)1141)mplidnce.
Au¢lilin¥ %[￿11￿drds al￿? limit Ux. Jiidii rLNUitLMI ki id¢niify non-COll4)liu￿C wilh low& IcgiilAIiots
Iii £n(IViF¥ vf ih¢ di￿￿T$ alld tsihcr maTra8¢n*ni aLvJ ih¢ ocTC￿la￿ atyj lryal rorTcwiid¢n¢¢. if
Mai<riJl itti5)1?l¢tM¢M5 IhJi arisc due io Iraud be hardw io detrci rhan rhos¢ thal ans¢ Irom crror Ihcy nuy
Inknlve diliber11 ie conieJlii*nt or iollll¥ion.
,4 l jiiihiT d¢scnpiion Trl. our rewsibililies for IhL 4￿j11 of ihc fuwicial 51aicnKlliis Is l&ica*4J •ii the Fin4nripl
Re￿inIn¥ L'oiiiic11'% WLbsiie a( or¥.ukl•LNlJror5veswfL%ibilities. This de5criNi(sD (oniLf Part of (￿lT
RLTrDrt ol'thc Indepcndent Audiiors.

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¢mt*rs. &% a h)d¥. 111 l¥llh Lhapi¢r 3 1)I' Pari
Ib lil- IIIL. ('iimpaniLS Aci 21M16 Our audit iioik has b￿n th* ￿11817￿ slYIC 10 ih¢ chxriiablL'
cvnipaii)'s InLniiK'rs Ihosc maiLL'IS ari tC4iiirrd 10 %LthiC 10 In a￿￿1¢{￿[). rewrt llif Iio i)IIIL'r
I)IIry)D*L
.1 o ih¥ liillLSI ¢Xtiili p4r1￿11¢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 klithril￿blc ￿nIP￿1>.5 m¢mkrs ay a l￿d}. for otyr #uJit for ihis i¢pon. cir
liu) Plii%f¢r IIA I.I'A ISeniorSiaElltoo AydtknWI
ri)r Hiid hlD I￿.h￿tI.{?I'NlalrhthILWth ('ompaA)' C-hnn¢[￿ Accouniwits
Ilou%¢. Kiimfordccburt
I.IvL'ry￿K17
1)4¢e l Au8115121J24
16

St*tew.tnt of F5nanti*l 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$
'rot￿l 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
as*rJl Drttmbtr 2023
Ccmp*ny 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 U*YCty 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 >'eare￿dIllg3I Dffctkber ?011
Nol¢
ZV23
2022
Cash iener*itd In op¢r2ilng xcilvltles:
18
1,037,925
141.05ZI
C*$h flow¥ (rom lthi'tslln£ icilvltles:
Dividciids and Inieresi from >n%'esim¢n¢s
18.837
77,756
894
3.375
134.7201
260
Gal￿105$ 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¢sthI￿ts)
.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 w￿land 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¢ f￿r￿. 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'<illing 10 pay io obtsin services OT fa¢ilili¢s of ¢qiLivaleni economic benefii on
thc open market,. a corrcsponding amount is Ihen r.xogniscd in exp¢ndiDJT¢ in the pcni>d of r¢¢¢ipl.

r*otes to Ibt Ar¢ounts
l ArcountiTrg Pojiciey Iconlinutdl
el Expendiiure
ExpL'ndiluTe Is recognised once ther¢ is a l¢gal QT con$tructsv¢ obligation to make a payment io a third party. it 15 Probable that
settlem¢nt will b¢ rcquired. artd the amount of th¢ obli8aikoTh can be mcasured rcliably. Exp¢rtditiire Is ¢1￿51f1¢d under the
followinbp aciivity headit)gs'.
Expendilurc on chaTiiable activities includes the costsof conf¢reJ)ccs. in¢luding the fl18ht ILckcts. and acconimodaiion of
the speaker5 undertak¢J) to funh¢T th¢ putposes of the ¢hariry and their associa￿1 suppon w$is.
Othcr exp¢ndiNr¢ Tcpre$¢nts those ii¢ms noi fallin8 into the caiegorhes above.
D Supporl cnsis alli>¢ation
Suppi)rl ¢0515 are Iliost thai assis1 Ihe work of Ihechariry bul do diT¢¢tly rcpreseni ¢hatitabl¢ actlviiies and include e￿ice cosis,
¥OV¥IllJnCL LU¥ts. adinini51raiivc payioll ¢osts. They are incurred direaly in 5uppon of eXp¢ndin￿t oil Ihe obj¢¢is of lh¢ ¢harily
and include projccl managcmenl carried oui al HcadquartCf5. Wh¢r¢ sypport ¢o$is ¢annoi bt dLrecily aitribuied 10 headings. Ihcy
hdv¢ b¢en allui.Iied 10 LOSI of raLSin8 funds and exptndiiure on ¢kni￿ble 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 recogni￿d 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$¢rlion 252 of ihe
Tux?tiun of ChJr¥cabl¢ Gains A¢t 1992 10 th¢ exient that these are applied io its chari18ble objecis.
il Loing
'rii¢ fin811¥iAI yiaicniiii15118ve b¢en prcparcd on a going conc¢rn basis 15 th¢ In￿te¢S bcli¢v¢ that no maicrial uncenaiiiiits exisi,
The InisiL'CS havc ciinsidtred Ihc level offunds hcld and lh¢ exp￿led Icvel of incom¢ Hnd ¢x￿ndItuTe for 12 nionihs from
xythori&in¥ Ih¢s¢ financial siai¢m¢nis. The bud8¢*d incom¢ and ¢xpendiiure are sufflcieni with the level of re5crvcs for the
harity lo b¢ able It> £onlinuc a5 4 going ronccm.
11 Slgnlfitattt ludgemethts xthd cstlm*tcs
Th¢ lollowing Judgcmcn15 lapan from th0￿ involving ¢51imat¢sl haye b¢¢n Thad¢ ID th¢ process of applyiTh8 the above ac¢ouniin8
policils Iliai hdvc had Ihc inos1 si¥nificani cff¢ci on amouThis TccoBnis¢d in ihe fipaThcial siai¢m¢nts'.
Apportiolini￿1fjr support and￿9¥¢Tha￿¢ rosi$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 F*iiiilicnsi- £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¢￿.11￿ue support seconding hVO$tiff mcmbcTS to
help wiiS1 Proj¢¢t manag¢methi. Book produfflion Acco￿￿ts. The eMim8ied value of these services is
£33,92(7 IL022.. £33.9261.
Tilt Charity ¥OJiliou¢s lo b¢ncfil immensel j from ihe support of ils volunteers. Dr Ilarbara SChWe￿.ke and
r)r fvfcl4lliiC Gibson. who proi'ided professicnal servi¢es dLifirt8 the year as Chi¥f EX￿￿11v¢ nfficvr and Art
Serits E(liior rL5peciively. Ili¥ ¢Slirryal¢d value of th¢se seri'iccs is £63.51yJ12022.. £63.5LKII.
It 1$ also v¢ry gr4E¥ful 10 Dr 13aTbaia Schweixke who prLivi4ed'the offlce spac¢ for ih¢ rhAiily to op*rni¢
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¢nI￿5. In accordaThcc wilh FRS 102
nd Ihe Cliarili¢$ SOKP IFRS 1021. Ihc ￿on￿nIC ¢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.estrt￿T.t if% tsad¢ secutities.

Notes to the ¥ttounlS
5 Anglysls of expendlture l￿dIng tstdty4tlts
Fc5trirtrd UDrtslrirt¢d
Funds
Funds
2023
2023
R¢$tri¢tcd
Fund5
2022
Unrestrl¢ttd
Fknnd5
2022
Book Salese0mmi￿1Oll
Book publicityand pronioiion
Book distribution and sioyage
9.176
4.962
5.724
4.159
7.109
14.841
4.159
33.768
19.862
6 Ansl>51s ofrxptndliur¢ Ojb ch#rliable artli.ltltS
Year Z023
FcUow5hlp
PubltshlDg
Gr4nt5
Toial
Book prcduction cxpcnscs
Fellowship r¢lrcaV&pran￿pr0jects
Graiiis
Govcrnancc costs Iscc noic 7)
Gcn¢ral supw>n Costs Iscc noic 71
63.746
63.746
32.076
12,000
35.360
130.452
32.076
12.000
14.144
J2,613
14.144
41.745
7.072
56.094
87,965
126.912
55.757
273,634
The total ¢xp¢nJiiur¢ on ¢haTilabl¢ •¢tivit1¢5 W4$ £273,03412022.. £269.9701 of which £164.357 w.
unrcslri¢lcd12022.. £214,134) ?lld £109,277 ￿'as￿sTriCIcd{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 In￿rf11th Fellowshhp
Retreat.
Yetsr2Qll
GtThcrnl
511PPOrt
GoitTn*nct
(umtilo
Bills of
Total apportionment
General admitsisirniion ¢xpis¢s
Staff ¢osis
Audilvrnn(1￿￿Cnt 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 exr*nses
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.. £1.5￿1.
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 S￿O￿a¢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 r￿e1ved 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¢ P￿ViOuSy¢BraS i: wa5presenthl in the A¢￿Unts for Ih¢Yearendcd 31 Dec 2022.
2U21
Unrwirlcied
Fupdi
R¥I￿¢t¢d Toi*l 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&ndll￿rt
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 l￿fOllO nwna8¢d by EvclyTh PoTth¢f5and are wJ•lysed as
follows..
2023
2022
B0￿dI 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¢￿t￿r$
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
20*2
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
LO9￿gain Oncu￿¢￿¢Y exchange
Incre￿¢ (der￿a5¢) 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.t￿r
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 Rel*ted pllrty transicliun
Infomiaiion abour Telaitd party fra￿￿a¢fi0￿& and outstanthng batatK¢s i$ovdined below..
Ou1512nding
b*JAthtes
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¥i51e￿d 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#t*ndlng
b•l8llf¢S
Drllcrl Co￿71￿]11Ment
Expr￿di¢￿Te
Ndinc.. Ilau5 Publi5hin¥ Lid
NaDarc of rel￿71￿nSh7p.' 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 Cha*ily 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.