REGISTERED CHARITY NUMBERI 1160212 Report •ltbo #Nd Group FlfjAD¢lAI sti•1* r•r th¢ Y¢ir 31 Decemb¢r2•23 4 Wal Chirllablo Voundlllon X¢in1n Audlt Llmitso Ch•rt¢r¢d A¢WUrL1S & S¢atuli)ry AlIE0r8 HI¥470 Hou¥¢ 7 Ccnire Court Trefore51 Indus1ri41 Estsl¢ PontyrKldd Rhondda Cymn Toff CF37 SYR
Ru• 4 WAlea Charfiible Foundi¢loA Co•tMI8 •f the FlandAI Stat•rnMt for the YeRr Knd¢d 31 December 2123 Pa R¢p¢rt 01th•TrlIll R¢pgrt of th¢ Lmdependeol Audl¢on C.fj••tslidaied $t•t•nK•t of Flnllltlil Adlvltl¢i Co•MIW8t¢d TrIn¢¢ Sh¢41 chrtty 11¢¢ Sheet io Cottiolhl•ted Co4h Flow St•i¢th•nt NotH t• th¢CoAvilldled now Stil¢Th•nt 12 Not¢¥ t• Ih¢Cox)Ildnt¢d Flnwtknl Sthttmtth 13 to 22
Rwi 4 wal Chirif8bl¢ Fommdatlo Report ottbe Truite for th¢ Perlod l January 2023 to 31 Der.ember2023 The Tn3stee8 PW¥lit thgtr ryrt wltll tho co]wlldit¢d ruW]ci 5ta¢¢m¢nls of the chwity foi the l Jjrywy 2U23 to 31 DecetDb¢r 2023. 1¢ Irustecj havc the ptt>visio of Ae¢olllltin8 K¢portill8 by ch4rlli.' st&trn1 of Recomrn¥ndod Pra¢Uca ippJi¢•ble lo chhriiies Prqin8 Ir tKcounts in aewrdBftcewith Ibe FlllaLoiBi KyrtlstADdard applic4bl¢in tknUK olldRopublic of trel8nd (Trs IQ2) l¢ffediv¢ l JwJuy20191. ObJ4¢tiv¢a Ind ain The oblectoftbe liutt4 Woles Chtht•blFFound&tk)tt (the Founthh)nl L4th¢ promotion of commuruty partibiF4llon iTh h¢ailhy r110[1 for th4 benefitof Ihe thhabii&nts pf Wtslo. by th¢pmvl¥iDn of forrutining and atlLleti¢s (Hlono or lA¢onj( wlth othws). PblIC b•D¢nt The Trw51¢¢¥ confm th41 tly have r6feffw] th¢ gllidBllCa contilned inthe chatlty ¢(FJWlli8Jlu[Wl&IidDnCD on publio b¢Mfitwh¢n Tcvlowln Iho fund's glm obleetly¢ In platJYb activltiay. GrAhltmAkl In 2015 th¢ Charity e$tllbllshed A 8Lxnl makkn8 lo 8¢hkv¢ Ils obJt¢tlv¢s. Thtsptoctt Inclu&s lh¢ follDwlDB Iteps. l. Cornpjotlon of appliOll fonll and Jubrnitjion (o Tnjsteu forcoithliorL 2. F1140n W 4ywilon And 5¥35ion wlilj (he Trl¢ll. 3. L6tt¢rofconflrm8tion. wffith condllion& If 8pproprl8te. ClttEVEMENfAT4D PERFOIIMAN Charllablt H¢¢lvlll¢i Fulluwiry Ih¥pguJkn8 of 4 risoluli¢)n bylhty Thiste¢$ to &>ym a joint with UiTr¢)Jn Marrttt Bv¢nt4 tho liun4 WAICharlble Follttdatsoll Ils ninth YOr oall0 to conduct &stsAl88ie revieiv and 8ppoknt a naw BogJdofTrustc¢J to supw)rt its operation 8oln8 fWld. Thc icfrcshcd BoBrdiupports th) broBdcrOroup vi8Jon of"fn¥plTinK A¢tlvlty' And hA¥ 8¢¢ out th¢8ty8t¢gic bmbldon the Foundgdon Blmplsfi mlssSon $lDlumont whlth now t¢D'. To knlcr, ¢ncoiw•8e Dnd doveJDP niithin8. walkin8 ond athl¢tiC9 A¢roi Wale8 lil QBu8tsthllhlp WAY Ilial ifflprovoi pl lnhrthcgs PeIe'S liv¢s. pIcI1)HI.lY yOWl8b d154dvanla8ed, ond mirRinAlised Brwps nnd8TOi¥S Ihe ijillb ofpeople Involved in thi5 a¥ B8o¢lal thd iN>rtln¥ 4divlty Th>TNNtoos ¢xpe¢1thBKl fflnklng tivi11¢1 to rqcommcn in 2024. Pag# 3
Run 4 WltJ ChAritabltr Vouhdatlox Report of the.1'rle for Ihe P¢rknd l Jathuary 2•23 to 31 Dte¢mb¢r 2011 rir4ANCJAL REVtEW R¢xrv¢s poll¢y Ihe irt)siets Bim 10 frte rnser In the Charhy's unr¢8trickd Ibttds level whiLh ¥4u&i¢y tiTr ur@rtrxithY yrae5 cost8 for charlty. Giv¢n Ih¢ blni V¢nthJrc with LME. th¢ TruAIC¢S pxe conductln8 1 roviewofthe ser¥e8 wlllcy .8TRIJC1'11RE. GOVERNANCE ANTJ MANAbEMÉNT Guvernln8docum¢nt The charity iswnlvolkd by It$guv¢ming dorom¢nL fj dccdof Iw$i lStIlUteS Lharity.Th¥ Charity Is ¢unl¥oll¢d by 5isyvernkn do¢um¢r¢t 61st¢red on 29 JonuBry 2015 Attd ctsnsiiDJles a ChBTliabie 0¥%1$8110. Ae¢Mltmtthi appolttiMtNt of Iru¥te¢i I'ru51ees are 4WLniedor rupwts)red an11llY 41 Annual 0¥rNI M¢LIii F.very Irustes mwi be w)Iii¢ed tor fy rM ol'lhree y¢ar5 by o resoluilon pxed a property ¢Ad m¢¢lin8of ihe ¢harity Iru5tKS. W¢15h Aihkilcs Niay UP10 Ltharity InJslea$, Thc Riwd11oy overfill r¢8lkXisibility fnrthc ¥overnwitt ofihe (:hortty, It m¢¢ts &¢ le&sl twke r&T. The BoNI delegales QUbrItY to th¢ Lhief Jx¢culiv¢ who IE¥4Js thy.io-dDy rn¥Aa¥6mciil of ihr I'.hthrity, working within th¢ tln6nciol (1om#work. proetyjures oThJ 11¢13 ¥¥1 dowii by Ihe Board. Th¢ LhKI'Ex¢culiv¢ hDJ d¢108ed llulhority f()r ie8uurce pl¥DAl. empluymMt, ¥tr. dr.¥IDnI.l Nrrfl IlnnKer. The S¢EJivr m4¥¢nI¢ll1 T¢anL WIIBi$ts Dfth¢ folk)win8 p0rtl.. . ChrCx¢¢UIly1 paril NON of thr trusi¢es receive rernunci'RtioA ony oitKr hBnEfil fttrm their wnrk wilh Ihv ihority. Any nnliOn b¢lwÉen a IruJlt¢ ots¢nltsr muno8er rlf lh¢ ¢hrity Jiiwlicr rn51 bo digdthd 10 lh¢ Thjll bDwdoftr1151eei in the sonie w4y a5 wiy oihcr L(Intraetunl rclai1on3hlp with u relBied wyly. In 11)c c'urr11 yeAr nu ¥Nh r¥I¢d p9rty tr4ThsA¢lii)ti3 w¢re 1x)rted..flK ¢hwity'% wh)Ily owned subgldi•ry. 4 Wales Lirniled, is a nDI.f41r.pmfit Ill1116 tsr¥unianlioii whleh wns 1 up 10 pminoi¢ mwor swrtinR ¢V¢1115 iii IllaleJ. Rlik 1¢e0Tht I'h¢ syslcm8 And inicrnfjl nIr01% GstRb1i51d l)y Ihc Ik)urd &'biuTh¢d ITr piuYid¢ r¢gsoiiAblo, bul tJDI ablte, ¥gUrli¢ u8Hln5t mul¥ri81 iiil%%laieiiietii Tr$105.1. Tru51cc5 &iid xiiiDr.%lnlTeerry uu¢ Ilie rlik HS5%5nlffiI, In¢ludiny Ihc wriilng Anil rrvlew ol 4 ri rLY1'1' in aidrr lu wnfirm that the mRjor rl$k8, io which ihe Chtsrity 1#eY¢5¢. have heui reVIew ond systems ¢51ablithed 10 mlilBoie th)5e rl3k¥. Tho Boords ItIr1ed I followiTrg k¢y I'i%k otc.. - (loV¢r¢¢ rinHn¢ial . Compliunoe wilh Laws & Re8ulotions RETr"LRFNCC AI¥D ADMINIS'IWIl'lVF. DETAII RtKknltr¢d Cliarlty Trvmbtr Il6Q212 Pylntlpal Ad+Jru¥ Vod I Capli1 R¢iail Park tx¢kwilh Road Cardill. CFII 8EO Pa8e 4
RUN 4 WAk8 Chavltobl FoudAtion Report of th4 Trustees for Ih? P¢rlod l Jnu8ry 202J to 31 D¢t¢mbor 21123 RDCok L E JoD¢5 C Oouyh CRMoss L 8 Willlams Auéltf Xeinadin Audil l.imlied Chartered Ae¢ourJlrts & Sik)IY AltOyS Hi8hd•lc Houy¢ 7 Cvhite Louri Trttforost Induslriol Pontypridd Rhondda Cynon T&ff .F37 SYR 'I'RUSTEL¥I KbbP014SIiIIUTY STATEMENT The iiu$lee& &re re$yosibIl for pr¢p8rlnB the liyr¢ ofihe1 ru¥tees atid Ihe finwKi•l 8l&lenicnl¥ In ordInc¢llh applla4hlc law and lknlted KITh Ac¢ounlinBSIBndw'ds IlJniie4 Klngthm(?enernlLyApf¢d A¢wuni{n8PrncllI IlUdIng7..1nC1ll1 RrpDrtin8 St4ndJrd 102 lTre FinanclAIReportSn¥ SINTd Hpplicabh in Ihe UK R¢publi¢ ol'lreliThJ'. Th¢ l&w applleable 10 Ch111¥$ In Bn8knnd 8n¢J w¢& t Chw'llks Act 2011. CJi¥tity (AL'counis aNJ R¢purt%l Re6ulalMHl¥ 21)08 •nd lh¢ prvYiy1Is ol Iho trtijt d¢ed 41[re$ the trlIS lo flnancial slulcmoniR eoch fin&m¢lRI yc4r whlrh Blv# • Irue and fair viMY of11 slalr of ylT&lr5 of thE ¢hprily ofih¥ ill¢Oibiiri8 resoiirL%y and ippllL'oilon of ITKl¥diTr8 Ihe Incurne ond tt%pendlttJr•, of th• ¢hwity ft)r that perkid. In PTeperlnR thosu finn¢1•1 slal¢mcmt4 Irusteey Bre Wuld sckei 511ilfyble ALLX)llniliw rA)1Scie5 Iheth apply Ihem con¥i¥lcntlyi obswvg th¢ inolhuds Itsd prirt¢lpf¢s in ihe Chdiliy SOV., makelud¥¢menis B¢MI c5timc Ihai Ire wwnable w'udmi., slate whciher llppll¢Hble xcounllng ytalnrd¥ hllv¢ been ftllod. $ubJ¢¢i Nrty mllcrlttl dEpwtyre8 d58clo ond ¥xplAirKd in ih¢ financlgl rcm¢nts: pr¢par6 Ihe fthlln¢l•l $111¢meil ()Ji Ihv goiw ¢ottc¢m Lhigij Ml#55 il is inaAJropria10 prnsuni¢ Ih41 Iheharfiy wlll ¢oTrllnu¢ In b1th¢. 'I'h¢ tTUSte¢5 responsible kceping proper accthitIg rcL¥)rd8 whi¢h diAclo3e wilh roLion•blc &¢cuitcy It Any Ilm¢ th¢ flnoncial p¥iiion ofih¢ chai'ily ond lo ¢n•blv Ihom iu eiisuit thai the fin•ncial 51Jiemcnls comply wilh th# Charities Ael 2011. Ihe Charliy IAcc(Kthi# and R£rtl Re8ulailon8 2008 ènd Iht ptovlsions of Ihc tr1 th. 1hey are d150 fc8wnslble for 8•fo8dI17B Ihv 853018 ofihc ch&rity end hcncc for tthklnx rthsontthlc Cp1 T. lh¢ Ind dgle¢iknn uf fiaud (jOtr iir¢8uloriii Appmvcd by Ortr ofilie bDnrd of tryC0Th,......... Hibd 518ned bthllf l>y.' RDCok-I'rns Page 4
Kport of the llldepe•deD¢ Auditon Its the of RUD 4 w11 ChAYltxbl• FodtIO Uplnlo We have audited the finan¢til slJleThents of Run 4 WAleg Charitabl¢ FoUnOr1 {the'¢harhl} kn. the year ttth13l Ik£ember 2023 thich mplI th¢ Slat¢m¢nl ul fin8llL'ial A¢iivliies, Ilie RalllAtt 5hEcl, lh¢ La8h Flow Slaimienl And rtotes tts the finBn¢ial 0ten. IrKIdin & SmlarY of sIBnlil(wii occouniln8 w>ls¥i¢5. fillaii¢ial r¢i)urttiiB fThmc%vork Ihal has b¢¥ii ¥pplKd in I11r PtIon is apiili4bk IRW 8nd ilnlied Ksii8d( Accounlini SIttlrds Iunilod Kin¥dom GL,1rl[Y Arc¢pkd Ac¢tsuniing Prxiicel. iDrludln8 PinBft¢iAI R¢portin& sIndard 102 'The Finwal R¢prth>g Sisnd8¥d 154)liuble in Ihc UK and Rcpublie ofiy¢lDnd'. In ourypinion Ihc finanty17 51alemertli'. E¢V¢ A li arid flir vlew ol'lho slats of tk ch¥itys iffnirs &s 31 Decemb¢r2023 •nd of sls incornlng f¢Jour¢cs and 8ppllt4¢1tkh ofLE8ouireJ, for IhL yEur I.11 ¢ndL.d; h4v¢ b¢¥ii prwKrly pr¢pued kn Rcci)nlnnte wilh Vnil¢d KwBdorni (JeltRI Acwd A¢counlinB Prti includi118 Fi¢11 R¢p)Hin8 Stsndard 102.1 h¢ finaKiul R¢pDrtin% SI7dr applic&tt In Ihu UK ld iiewbll¥of Irelanrf,. end hovo bccn prOpL. in oc00Th0O %viih th¢ roqulremenr5 of the Chvliie.% Ar.1 ?.fll l. for oplrtlon We Londucd our4udii in AccordlL wIEh IniemthliiillHI oil Audiiliii IIIKI IT%A5 IIIICII and 4Jpli(ble IDKY. Qur ¥¢grnstbl1Lllc% urtderthase st)dards gr¢ tl'lTr1cr des¢ribcd inthv AuditoiJ' rt%rffjn$ibilitles for Ihoaudiiof Ihr fiisan¢i41 slllemcrils $t¢i¢onuf our re[mI. We Arc indopenlent of thatiiy IN aÈL'ordRDLY with the ethical rcyiiiiem¢iils IhAI Brt rol¢vnnl lo Ar I11 r th¢ filncilI1 stalNnenl¥ in thc UK, Sn¢luilinR Ihe FRC'S Ethi1 St•ndHrd, and WL. ¥¢ fuifsll¢d uur olhrr ¢lliic&l respIlbIll1l¢ iii u(¢ortlun¢¢ with Ilies¢ rtqiiirwi¢nts. We Ixlltve I1 itte audit evid¢nco we hBv¢ 0¥1ed Is wffl¢l¢DI knd appr¢)priaio w provldc i bosis forour (Fpinlon. Cuni'lu•loni r¢liflni lo golr•8 In audiling Ik i#wm¢ni8. we hdya Wn¢lUdedth th¥ Irw•$' of lh¢ 8iin¥ ¢on¢¢rft bJu15 of•¢Wl181 Ihe wEwiilonofthe tknancl thtcmen15 is BpproprlR BAd oa Ih¢ woyk we hAV¢ pcrform¢4 tsDve rK)l id¥nlifxda)y material wnttrtainiies r¢ialin¥lorvcnls orcondilKbn¥ Ih81, indivi¢Yuallyor collL'cilvely, mY c1 si¥nifitxni(loU onl1 th8rliy'8ablllty to ry>NiiThueas a8oin8 coneein fora p¢riodofal leiVe1¥•mOnlbs frvm Wh finaDri81 s¢4¢cments arv fjulhori5 for i85w. (hjr Ir8ponJibllliles ondihe iespnnilbllliks afihe INst¢¢y ivlih re%1 lo iolnB eonc¢rn Bre d&¥A4bed In the yolevant s110$ of ihl& rewrt. Other Iiiformiiion Tl% Irwlces arl respon8¢blB fiK lkne oikr Infor110. The oihEr itLfDrm&iion ¢ompv&¥y thv InfDrmdtlon loelLxled in IheAnnual RE5XFrt. oiher Ih8n Il rinwi¢i41 slOlrm¥iils and our Repori ot IIK InLndent Audi1$ ih•r¢un. Our opinltttt Dn lh¢ Ilnun¥i#l sl¢in¢iiii hnl tovcr the oihr iThformntiun #nd, exwi Ii) the exienl otherwi8¢ ¢xpll¢lily 5th1ed in our rrport. we do ot ¢XPSS wly fvrm agsuiJAf¢£nMelu8ion Ihvr¢on, Ill ¢OIMli0D wilh our 8udli ofihc fiThJn¥i#l siNi¢nbents, our iespoNlblllty 15 1(I rtttd the iDformi(ion 4nd. Iti do5n8 8P, curts111 W[hel Ihttoih¥r inform8liott IJ nthterSblly in7¥1¥[0nI willi (he finwl81 Sluiemenl¥ oi. oui, knuwled8o OblDed in Ilie 8udii or oihuw15c appe8V8 lo bB 7[#1fy mlssiuied. Irw# Itify ¥Ih mHlevial incon8isl¢ncies or lltwrcnl nialcrli1 m18$1¢ml8, wc are requiiyd 10 d¥KniiiN wheihcr Ihi5 givey Ase I m&ierial mlthRtem¢ni in lh¢ finCl1 %licni¢nl¥llKniyelYes. If. bty¥L'a on Ilic wk we hJv¢porfonned, wecon¢l¢ IhotihcrL' 1$ a muibrial mi11¢11)ellt ofdjii oiher in1ortoI1ol4 we are wulr¥J lo 1'crI thu f4LI, Wo httv¢ lo rr6X)rt in Ihl8 Yeg4rd. Mnltcrb on whlrTh Nrt requlre¢J to rntbQfl by c%¢¢pllo We li&ve noihing lo r¢p>rt in r¢JpBdof the fi>lluwlng rnaiieKy wli#r¢ lh¢ Chilie% IAc¢ouiil¥ T(epDrlS} ReBulalioM 21108 rewirts us 10 rvwrt to yo f, bl our opiiilon: lh¢ Infthrni&llnn ¥iven lh¢ Rert ofiLK Trytsiee$ Is Incon5istsnl any ¢r181 r¢speLI wlih the fitWGiBI s*alenionis: or suffic1cE O¢COUting records have not been k¥pi', or the finanLlul 51ak4iienlS ir¢ not in tyBreoMenl with Iho 8cc(HJniinE ond rctum5,' or wc h&ve not recelved oll jh inforrnylivn 4t¥J txpl#n&lioths w¢ f(br our nwlit. Yage 4
Report of the IJLdtpBnd•nt Awdltorn to lh Trll8teH of 4 W•l¢s ChArltAble Found&tlo Resp•n&lbllllltJ oftruitl As ¢xplairKd mor¢ fulty ir• tk ThJ51ees' RewsIbil¢S Slartment, Ihe truts we reyjnslbk fty th¢ preFdroiSon ofihc finan¢iil thlemeiits whlth Ilvg B trllE &tMI f•ir viow, Hnd for such inlevDal conlrol as the IEwse5 derermine is Inthle Ihe pr¢PSt10n orrin8nclal st4tM)Mts ¢ho1 ¢ free tkom matetlal mlA9thThen¢ whelhy dueto (loudoreOr. Itt PTcparln8 thc flopffic siaiemeiiis, IhB Irusltes e re4K)tK8lble for Ik ch¥lty's abllity lo contlnuc 89 & Bolng wnctm. dlxiosin& a5 pIlble, mA¢fm TeIttl io #olng e0n¢L goln8 (¥)ncem basli of ¥L¥>untirJg unless th¢ Irueu eilher Iftlth to Ibwitht¢ th¢ ¢Jwlty or to t¢ox orhvc tho rtlllijtic altem1ve lyjtto do . P88¢ 5
R¢porl tsvtht Ind¢p¢Md¢nt Auditors to tILe Ti'uJt¢¢J of Run 4 W8le8 ChArltsbh FoiDdgtlon Otyr reyponslblllilts for th¢ aud1( vf the nnAnrJ•l ithtemel$ We hove be¢n aNx)inied Bs awJit¢)r8 und¢rS¢fflion 144 of tho CtwiliE¥ 2011 and repiwt in 4ceord4nw wilh Ik¢ Act and r¢l¢vant r¢#ulaiiong ma(k 01 havi6 ¢ffgt Iher¢under. (hLr objeclivc¥ ar¢ lo obt4ln reasoll4N# a¥yuranc¢ Jboul Mthetber th¢ financial.vtsterncnlx ft8 8 whDl¢ ar¢ fr¢e from mtwi81 mls51alem¢oi, d 10 fraud (>Terror, atid to i¥&e x Report of lh6 Ind¢p¢Trdenl Audllors th&1 incl1¢& (>uropiniun. R¢asonable IL%Suf8tKe18 a hl81i kvel of8i%urtsnct. bui is Iiola8uaNiiee that an budil wndurkd in dceA)rdRnce willi I%As IUKI will olw&y& dcw a mAi¢rial mi581olementwhen il exists. Missiaiem¢nl3 lIar1 rrom lyuud¢x'¥rrurund &inSIdere mwedil Ir, individually ov wtt.'#al¢.Ih¢ycould r¢a50nably bto%p¢¢i•dlu Infl11¢¢ Ili¢¢eonomie dccisioiii f utrs 10k¢T) on the b1¥ nf flnancial Th¢¢xtoni lo whlrh ouryiKedurns ar¢ CApthle ofdeiedlng ItT¢gul}l1Yth. frad li delwkd brlpw.. IdentIfyl and pfytentll r15ki relltd tts IrreAulrltl¢• Iii ithnlifyiLi¥ a%5G55ill8 r5sks ofmol¢ri&l rnlsslQtemenl rczp¢cl of irr8iiloriilts in¢ludth8 fnud and non-compllance wlih Inw¥ TeBiilolii)nA 14 h•ve ¢(Fn51dL,J lh¢ follvwinu.. (HI Tkrt niluiy of I1 Sndumry ind X¢loT. eonlrol¢nYironmEN and busln¢¥& rft)rrnanl; Ibl R¢8uli% (If lIrnI111¢S of DIiITlO8em¢ni oboui Ih¢ir own Idenilfiioilon and wwsm¥ni of lh¢ rlski of irr¢8iitsritlcs'. 1¢) Any niAtter5 havc idcviificd httvlg ob14iiJed And rLvlLwd Ili¢ c()mponys th)¢unicniThiion ofth¢ir p)lioi¢5 Dnd pro¢¢duwb lo11n8t0'. 111 id¢ThllfyiiiK, ev&luaiinx artd cnmplying with l&w8 and r¢8wlniiDn¥ And wheiher IbÈy wtro &wpre of ony lthiuncts5 of nonrfomplianlw: {lil 4Thd reJpundiDH ¢0 th¢ rSsk$ tsffruud und Wh¢trfY havc kmivledg¢of Bny Ddolll, suspcci¢d orall¢gcd f¢wd.. liiil the iniurn81 Conti1 ¢51obli8li¢d lo mii188ie ilgksof frwdor non-LolPlICC with laws and ttBulailoM,' Ilvl Ik InwiieTS discus%tsd th¢ WH¥wii¢nl Le ie8&'dbn8 how aad wli¢r¢ fr4u41 mi8Jil OCCUT Inthe nnETKlul $10(ements p my PDl¢n1141 Indlefttors orrrnud. A¥ u sU11 ofihe8e prDcedur¢8, w¥ wNid¢rd Ihe opportunli1¢8 8nd irK•nllves th•1 rnay ¢xl]lth1Tr Ihe oYugni%ulivn for fr•ud ¥j IdtMi(Id Ih¢¥re¥l nli81 for frnud Ihe fnllowinB 8naa'. IBI'I'irnin¥ ol rt¢ognilion of Income In common wlih 911 atsdlN under I%As IUKI, Bie al r¢quirtd lo perfomi 5peoific pro¢ediiKs lo reswid Ir Ihc rfyk ofmiM8emtni overrld W#•lgoobtoined an un&rst4n(Jln¥ ol'the le¥thl und wuluiury frnm¢¥wi'ks Ih41 chw'iitsblo Lomp8r)yopBIil¢¥ in, IiiGUSSnHortproviyl(bTh5ofih) laws r¢8ulnilon% thAth4 dir¢ci cffc¢i I1 drf¢MiintsilonufI41iHl nmUUttls4nd ditsclusurL'¥ in finunL'ial ¥luli'niciil¥.'Ih¢k¢y la%v¥and rt8ul8llons vo Cnn8)ded In Ihl.% conl¥xi Included VK Lc)nipot)iLs A¢1. 1VIYnWlll liiv, Ii¢alili yiif¢ly. pcnsion¥ 1¢8i%lfilioii l&K legislsilon. Inrld116on, we conBlderedpr(bVi3ionsofottrKr Ift HrtdiuBulitiom thtsl thnDI hnve ttdlttcioffl the nnan¢i415tat¥'mnts bwi compliOTL¢ewlth whlth may he fndentral to th¢ ¢horllHble compthY8 &bility lu opcrat¢ or 10 thid B matL'wlDI peMIty. Our prIdUre% 10 re%pond i(1 risk-s i&'iiiifiLd iti4liided Ili¢ full(>win8'. (el Rcv4civlii% Ihe finpiiti41810lLmviii dI105r¢S wid Ivsiing iu Suprrtin¥ doruTnthiBlkJn to 9$ colnpliCt with wovisions of r¢l¢vant laws cl P¢rfThTmiTIB i#1y11¢1 pr•¢dur¢8 lo tthniify wiy unu%iiol or unL'xpttcied r¢l¥iion¥hip51kn1 may iimllule riik8 of niala1 missts18menl due lo frwd., (dl ID 8ddrrs$inR the risk or rraiid Ihroii811 Mage1Cl fiveid¢ nf wlmls, 5118 thc appropriottnosg of Joumal cnliles and orhor ad191M¢1S'. 9$5¢%%iA¥ W.111¢r Iha judReiiiciiiy iii&de In mJking ll¢cuuiiiin% ¢8lhn81ei Brtt Indilive ora W¢oliul bi45', and evRIuhliiiB Ihc l]u¥inoii rgtion8lc of any ignificani Iro¢iSlI0]IS Ihol llr¢ i111*u&l oroulsidc ihc Mmial ¢rgE of bu%ino88. We al%0 ¢ommuni¢ated i¢lev4nl idBniltlthl l¥w¥ reBulailuns and potcnti¥1 fvud risks ¢u ill ¢D8wm¢nl l¢wTr Diemlxv5 reniain¢d al¢rt lo Y Indlca¢lons of frA ornvn-(x)rnpliwi£B wlih Iy4WS HTid Ihrou8lMiutth Budil. Page 6
Report of the Independent Auditorn to Ihe Tru5t¢es or
Ryn 4 W4lts C&&ritxblt boyndg¢10
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Run 4 WAles Ch•rl¢•bl¢ FouThdatlon C.iin••lldted Statement of frinfihcial Activltlej lor the Yegr Ended 31 December 2023 Pertod Y¢v Tr.nd¢d 10 Unr¢$tri¢t¢d fund Restricted fund TDI81 rund5 Total fund5 Wow¥ INCOME AND ENDOWMLNTS FROM ChorltAhl¢ Ictivill 169,106 Oihcr IrRdin¥ &divili¢s Intresiincnl Inwiii ()Ih¢r iiwome 9.355 Y.335 %.R85 14U662 1,282.629 8.885 140662 Tot•1 150017 ¥,1¥5 J.431.735 ExvLr4DI'fiivF. OY RaisiiiR lund8 3,060PI% CThovlthbl¢ ui'llvltltj RunninB Ik Aihl¢ll¢% lolrtl 3,138849 Nol &iJin.s on Inve$thicni¥ 499 950 ri.T IliCOMTr. 145Jla 508.835 654,153 312.8116 IJ:C'.OYCILIA'I'IOli UF FLNDS l¥lthl fund8 bNbughl forword 18.232 TOTAI. FIIiYDS CARRJLD FQRWARD 47fJ 4J6 SOX 1.15 r()Nl'INUIYC. OPTr;IIATIOlS All incumc ld ¢xp¢ndilurc lSun from Eonlinuinbi ¥Llivili¢8, Th¥ no¢¢s lomi part ofihese finanLial statement5 Page 8
4 WAlu Charitabk FourtditloD B11£¢ Sheet 31 D¢¢emb•r21)23 31.12.23 TotBS firnds 31.12.22 Totsl funds Unre51ricted fund Re&triFl¢d ttd FtXED ASSETS T8b8ible Inv¢5tmenls 14.575 14 501188$ 508,183 501415 so8,5 14.575 cuR1T ASS1478 D¢bto Cayh ai t4nk 477 227 477,228 477228 474.698 CREDITORS AryK)uttis follinAdu¢ wiihln 0Y¢Ar 17921 150) {842) 1503.049) NETCURRF.PIT ASSETS 476 436 50) 476 386 28 TOTAL AssEfs LESS CURRLINT UAIIILrri 476,436 501833 981.271 113,7761 NET ASSE'I'S 470 436 508 83J 983271 FUNDS UDYewrlctsd Resir5cwd 476,436 113.776 TOTAL FUNDS Y8J271 13 77(Tr1 The fkwJ¢lol Jiilemw)ts w•r ived by th¢ Board of'TrLttteei 8tbJ 0or1e¢0 fD113? on.,...... .. .,............ ,........ .... Bnd wyxt )n Iij iholf by.. RDL le-'I'nisi¢ 'Lle rtote4 form plrt of thes¢ firtancial sthtemvni$ Pago 9
Run 4 W8Jps ckirl1Ae FoundAtio Con•olWit¢d Cfv$h Flow Sl•t¢ment for the YeY Ended 31 Dmb¢r 21123 Yur EBd¢d 31.12,23 31.12.22 Nu4 CA¥h 110 from Dperntlni ictlvlllÈi Cajh serrd from opcrnlio 2 473 4841 123 872 Iw¢d inyprovidvd by Op¢rIng aclivlt1¢5 2 473 4B41 123 872 C'h fyhm lTr¥Ntlni tllvlélei PUWh5 Df tÉn8lhle fL¥od a5s¢15 S0 of lunglble flxed SD1¢ of liKd a%sei invcslni¢nlS 110,J471 881 Nel eosh provld¢d hylluxd lThl MY11n$ lIVI1 IK)0 ('.hany Iwj ¢aih ¢Nih t1Vale ITh the reportlthi porlod Ch nd ¢uih eqylvil¢nts it thr (1h¢ r¢porllni yer11 {1,97J,484} 24130711 2 33649¥ C*sh ctsh t4uiv•lenti It lh¢ ¢nd •f the reporihi p¢rlTrd 477 227 2450711 Thc not¢s form pfiri of these fin&n¢iil stotements Page 10
Run 4 W•l¢g Chrlt•hle Voundaliow Note¥ tTr the CDnsolldAttd Cash FIDW SlateJDenl foy th¢ Ytrty Ended 31 December 2023 RECONCILIATION OF Nl'f JNLYJI¥ILf 10 NET CASH FLOW FROM OPKIIA TING ACTIVITIFS P¢ri Yew Ended 31.12.23 31.12.22 tt In¢om¢ for tht roportlng IA Per the Stsl¢ment •f ActlYl¢lMI 654.153 312.846 Dopr¢¥iulh)Th chBr8es Prollt ond15posal offix¢d a98¢ts ttev&luAilon of invosirn¢nl Dre in dtbiors rJ¢¢re&%c in creditors BJ61 12221 (415.4251 {5th4,4411 183,437 2321208 34,220 251 J80 N•t Njh {uied iThyprovlOed by 0ra110 2 47J 41411 123872 ANAI,YSI$OF CHANGES IN NF.'I' FUNDS Ai 1.1.23 C19h flow tll.12.23 N¢t elih Cash il bonk 245D711 973 484 2450711 1973 484 477 227 Total 2450711 1973 d84 477 227 The notes fonn part of thc5e Fin&nci•l st8tem¢nts Poge 11
Run 4 Wales Chri¢•ble FDund•¢lon Nol¢s ¢0 tke ConsolldAted Flnathtl%l $t8t•menli ror th¢ Ye•r Ertded 31 D¢c¢mber 202J Accour417NG POLICIF3 The financiul sr01¢1¢nIS ofihv ¢harily. whioli is a publi4 b¢rtfit cniLly FRS 102. have be prepored in ac4Jrdance wilh th¢ Ch?riliiy SI)RPIFLS 1021'A#ounitn8Bnd R¢wrt4118by CHr11¥.. Slalunerti ofRewmni¢o(kd Prn¢il¢e&ppli¢8ble lo ¢hariiies pr¢pfiriii8iheira¢counts in Rccordwicc wilh FiiianciAI Reporting sipndfjrd applicabl¢ In IIK UK Kcpubl¢L of Ire1w {bR% 1021 l¢tl¢¢livc l Jthnufiry ZV191'. rin&icial RL'rknrii118 SidThl8rd 102'Thc I'-j¥w]cI Re¥y)Ifiny Sthn(lard appl¢cable Ihe UKaDd IILpiibliL of Iwl4nd Ynd I1 Cliarii¢u Act 2011. 'Ihe IliwJciH] 81¢mclS h&v¢ F¢ePBr¢d utsthi. th¢ his1or11 ¢031 ¢unvenilon, with lh¢ ¢xewion of i¥¢¥1M¢Th which Ineliided Jiiaiket ¥thluc. llic prn11 rneY Is £ St¢tllnM. ¢proup Vlth¥rtelil Stilem¢nti Al Ihc stort uf Ik,yctsr c.harityd18rrf)d of IOO%conlrol ol'lliirt 4 Wdl¢4 Limiicd lo M4 l VetR Liniiiidmnd I1$nJ IUv%4usLirol of M4 15 Li11¢. subrt4[ 10 Ihly ikne C.h#rity disrMx4ed of SOV4 ol'm4 EY¢ni8 Lilili1 JTwkin¥ il a jviiil Yviiliirc i&ih¢r Ilwi i sub5iJiwy. Consolidalod ¥wurtts ha been PYVPAr¢d lor M4 Bvenls ond Rurt 4 Wal¢s Ll111td for Ihe year to 31 [kmb¢r 2023 iiKorpuraiing the full y¢w s r¢5uli%ufihc buh$1•ry. The $ialemenl offlfjtsTh¢lal ouivitlel In th¥ Lharity rpfl¢¢is the r¢1 ol'lhe tharity, Ik Im¥llkJn arTr)unls of Run 4 W•leg Llmlicd bc¢omrn8 rJolnl weU rnthwihonu xubsldlthry lh¢ 50% Dtih¢ r¥bwli¥ of Ihe ¢oJuolld4t¢ Nled abovo (or 2U23. 'Th¢ balaiiee shecl r¢llw15 Ihr Charity only In¢luth$ Ihu luini v¥iiliir¥ lis 2022 valuHIiDTh plus the Jhprb lif th¢ ¥11$ noted above. ljb fvfvte ye81$ Ihe slfytsnL¢fil of finciAI atilviiies ruiilla And halanLY Jh¢ei ftsr the 8t4nd alwK C.horlty Ihe WDxolldal¢d p051tion wlll ile Ihe 'IlwM fin•ncl•l staienwnly knve bctn pr¢p4r¢d on 11n8 L¥)ncll b8%iJ. In miikmig IhelT K%q¥imenl vfihc RoItt8 uf IIK. Lliarity, Ihv Tru¥lccs h&v¢ r¢vic%vcd alhl ¢onsWtred oll relnn1 infomiation. Th¢ ClIArityhh¥ unreqlrlcd 9h r¢Mirce8 lu be suffKl¢nl lo nitei Dn s(Fi9 liBbililie3. [neme All Income is in lh¢ Sialemetti ol'finJnGiul AclivlilEa Mte t7 chthly h•9 thililomeni lo lh¥ 11 Is pmhble Ihal th¢ incoime will b¢ r¢t¥ivtyl WLiOUthteaTr be TheurEd reliBbly, F%ptndltur¢ .iubilliiL'% orL' ¥e¢o8llls¢d tts expe1idi1u u¥ svDn IhwL' is u l¢kul or 4oiwirllLli¥¢ (>bli%ali(bll COtLimiiiinR Iho vhoi'ily lo IliA oxp¢nQitllre, &1 18 priibtsblv Ihrf n Iroll5f¥T of ecoiiDmiG b¢n¢lll$ %vlll bL rcquiwJ iii sylll6iiwni ld IIK wiioiini 411. Ihe obliBolion clln bc IJi¢K8urcd liablY. F.KpcMdliiJir1s Rccounicd fijr uii ¢LIUllls b8$ Aiid bucii G1I¥5incd iJnd¥r li¥111¥¥ Iljul ug'8r¢Al¢ 811 rusl rtIH¢¢d Ihc ¢plcHDry. AII 4Y)51s L'QTh direK¢ly illribiitrd tn IIKir porticlar rosi Wln (Srants 0[fed %ubjccl locondilioni whi¢h hov¢ Nt bcen mei 41 ih¢ y¢pr¢thd dato Irc n(Acd #S a wmmilm¢nl but thDt rUed ¢xp¢Adliu Supi)0rf c0515 IIKk4e furi4liuTW Uidl &%5131 th¢ wcAk of Ihe Lhwiry b1 dD not dI¢11Y unthilikc charil#blc livIt9. Tr b1513 on whlth yuppori eDs18 11¥ 811o¢ed Bie sei i>u¢ iii tsDl¢ 7. TIM8IW¢ fixed ft51ets D¢pwLwilon Iy provided at the follthwln8 8nrtu£l rfjtC5 in othr lo ivrlfv off ¢Ach &8$ei over ilse511rnaid u¥eful life. Finture5 an£1 fittinAs Compulerequipm¢ni 20%on C51 25Yoon wst Page 12 continued...
Ran 4 Wilej Chari¢hble Founditlon Noles to tht Consolldated St4t¢m¢nl¥- cuDtIAu for the Yefir ENded 31 Deetmber 2023 ACCOUNTING POLICIES- ¢on¢ltbuÈd TAxIIo Tr ¢lBrity is exempl from t0 ilg ¢tIbl¢ YKtlvlii¢s. HCtoiintlo8 Unr¢5tr1rta flinds b¢ us¢d wt 8CLrdan wilh Ihe tharitable objecitves il the dlicreilon Dr the trustees. 'Ihe day to doy aclLVLlie8 of the Charity arc uthtestricied. Reilri¢led furth can Thily bo usod for partIClar rrilrlct¢d puipojmwlihltt the obJ¢rLs of tho ¢haTity. R•$irk4ions Eri% when ¥Fx¢jr by lh¢ thyThir or whcn fvnds arc rgis¢d foi partitiilr rtArictcd puryosas. The resliiL4 fijrtd r¢IeS to Ihe joint vMlvr¢ in M4 Ev¢nli Ufftiid. Tho bnlan¢c T¢flxlJ the 2022 v&luNth)n of th¢.IO% p)nlrol held ojmg wilh the 2023 Sh (>fr¢8thts. B8ch yeJrthB wlll be ITh rtiHtloTh to the vilu4tion as w¢ll as lh¢ ¥h4Yc ofre¥iiltS to bc ¢¢wgnlK¢L OTIIF.R TIi4DINC. AcfJviTIES P¢rKid Y¢llr kntsi 31.12.23 31.12.22 i)ItKriradlngoptrrationJ Oih¢i Sncom¥ 9,-155 2,S()7.4Q4 3H5,2?.J 3 282 (129 Th¢ previousty wknlly 4Jwned IixdiwJ wb5idiaryi liun4 Wilrs Limil¢d, l¥ lrttorp)riled in Ihv Unil¢d Kin8dtsth {eompuny numlKrOR057072). 'The compkny organ15¢5 m*iugcy v4rivwi swIThA eveni¥ thffju8Jx)ul I eounlry. A wmmury of the iradlng resulis fov Ihe prSur yeÈr I noied bolow: 31.12.22 .1 urnov¢ Siindry ¢1p1S liive51mvni nvemen1 Cinv¢rnmeni grgn15 C.Ik¥l of Sal 4iJd Admlii151railon w519 3308,024 121..1911 169,106 29417741 N¢( PrvfIl 509.1 mou¢LI Gifl Aid¢d lo Ihc ¢harlty 173,247) TBXiIiO Rained in the sub5idillry Pag¢ 13 ntinu¢d...
Run 4 Wa]eJ Ch8rllble Note lo th¢ Cousolldft¢•d FIMAn¢l*l Slitem¥nts- colllinued roi. Ihe Year Endtd 31 D¢¢¢mber 2t123 INVFSTMENT INCOME Period Yw Eft(kd Jl.12.23 31.12.22 Invcgtmmt INCOME FIIOM C7IAIUTAllI.Ic AcfiviTIE8 P¢ricd Yvr F.nded Jl.12.23 To¢dl a¢tivilio¥ J 1.11.22 Total uclivi¢i¢S Oov¢rnmert 169 106 irIn¥ Ihe pr1 ylae Run for Wil¢s Limlied r¢c6lYed furthei'8r0M inL¥me Trom Ik Weljh GoYtrrnm¢tLI, Thts 8rml w¥ Rlvm its Ihrou8h IhL' p¢riod whete it kn been most Impwed by th¢ wrr¢nl Covld rnlr8. RAISINC. Fuf4DS P¢riod ye Ethd 31,12.23 31.12.22 lialsSn8 tbnd8 30001111 CIIAHITABI.E ACTIVITIES cosrs Gnnt funding of IIVLtLeS (gee note Sypport ¢0$18 {s¢¢ nol¢ 8) 7) TolDIs RunniTh¥ & Athl10$ 675 Pago 14 (x)ntinucd..
4 Wl¢8 Chrftftbl¢ FouDdAtio Noiw to th• Coa8olldAtod Sl4l•ment¥- ootstlnued ror the Ye•r Emdtd 31 Detemhr 2023 GRAN'TS PAYABLE Ytsr En41¢d 31.12.23 31.12.Z2 Running & Aihktic 075 8VPPORT COSTS Finance Costs Toiils Ruw)In8 & hletIC• 704 Survt eolli Included Sn the lollowB.' od Ye4r Ended 31.11.23 Rvnrtini & Aihl¢ticJ Jl.12.22 Total iotivlil Depreellltlon DfiBnglble Jrld hwlwuJ¥¥ts Loas OTh oftsnglblt flx¢d ns9 Riles4nd waler Bvnk diarB¥s 8,368 12221 4,217 220 414 1,895 61,243 ltes Ind wthi AlvlS¢Y and k8lll TRUSTEES, REMUNEIIATJON ATrID ThILbi%r¢ tio IMke8' remuneiadonor DIFA bcnefiti for the yeBr Ortd 31 DrMrI023 nor for the per5od 31 D¢c¢mb¢r 2022. Truiitu. expeD4 There no tsusle¢& eXnY p41d for Ihcyw ontsl 31 D¢¢ber 2tr23 tx>rtor the wicrtl ¢n(111 l Detvmbet2022. 15 ¢ontit)ued..
Run 4 W#lei Ck¥Jrltble Vo¥Ad¥tl• Notu to tho Co•oolldAtsd Fln•llclal Slot¢rnÈnts- eontinyed for the YeAr Knded 31 D•c•mb•r 2023 10. STAFF COSTS 31.12.22 31.1122 I IJ1070 averll8e monthly numbtrof wttploys thjrlns Ibe ye8r WAS ts follo.. Perlnd VttHr P.nd¢d 31.12.22 AdmlnlsknTrti Supjxjrt J mpIo¢S r¢rdv¢d¢nM>lwn¢nts xcess of £6QTh)O. rAFF f.OVS Thtr dmrlty omployee5 fo¢ih¢ wrrenl or pr¢wJln¥i•w. COMlbARA'fJVES FOR TIIE SIATEMENTOF VINANCLAL ACTlVtTIES Vnreslrld¢d nd tNCOME AND ENDOWMETrm IIROM Chrltnbl¢ I1vIlle1 Rlinlg & Athktl 169,106 Ou1 trJing *lfvMle 3 2112 629 Totll 3451735 EXPENDI'TURE ON Rui5ing fvn 3,060,018 Ch•rfliblo tIVItI%3 Runnlng& AIWaics 78.831 Tolil 3 118849 NETINCOME 312,830 oNc1L1AT1oN oir FUFIDS 'lullll rld¥ broughi 18232 Pg8e 16 eortilnu¢d...
4 WAk• Chai4tabh FoundAtIoD N•ta to the Consolldlttd FlthnclAI Stil¢m•nts- con¢lAu¢d foi. th¢ Ye8r Ended 31 Deeembor 21123 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVFTIES. conV Unre$trict¢d nd TOTAL FUNDS CARIUED FORIVARD TANGIBLE FIXED ASSETS FIXI Computer equiwneni rittln8Y Tothls Al l Januury 2023 Dlipo$81$ 35,477 35 4771 39,098 39 U981 74,J75 Al 31 December 2023 DEPRECIATION At l Jftnw 2023 Ellminll on d15pOl 35,477 24,J23 60,OIMI Ai 311)¢cembor 2023 NET BOOK VALUE Al 31 tkc¢mbor 2023 Ai 31 Dpxmbor 2022 14. FIXED ASSJLT INvEsfMKNIS 31.12.23 31.)2.22 ShThr¢s Joini Vrrtur¢ 4.544 SUB 885 w¢rn np ¥hnOTht as vwijkle UK. Investment•(n¢ltlw11stod Njr unlistcdl fftl10. 31.12.23 3T.12.22 Joknt Venttxe Pa88 17 contInu1...
Run 4 W•lu Chlrllgbje FondItIon Nt lo ilie Coiisolldat•d Flhft Thtlll Stxtemortts- ¢ontiutd loi. the Year Ended 31 Dtoomber 2•23 15. DEBTORS: AMOUNTS FALLING DUEWITlllN ONE YEAR 31.12.23 31.12.21 Trid¢ d¢btim 01h &btNS VAT Prewm¢nt5 xcrued income 162,096 2,015 18343B CThrlty 31.12.2J 31.10.2• Oth¢rdeblors I& CREDI'I'UR¥., AMOUN1B FALLINC DUEWITHIN ONE YEAR 11.12.23 31.12.22 Trade ¢rtdithr¥ 1'&Yatlon and so¢l•l E¢eurfty olr ¢redliorJ 41 198.441 122.14 2001508 801 842 2322 15Q r.h#dly 31.12,23 31.10.22 her ¢r)IltorA Inrluded wlih5nuih, eredilvrn is In Bmwnl uf£nll12022,. £1,170.5541 r¢wgsrnling fDY dtftned cvemi8. In wjdilivyj 4u&l5 Ind deferrt4 Inry)mc i#¢ud¢5 £nll 12022.. £50O.(MX)I In rel0 i(J fthnds Ihat were recelvd in adY8rKe of thc ¥TQI4> IrslruduTe. 17. r*lOVEMEN'r IN FUNDS N¢1 mr>vement in funds At 31.12,23 At 1.1.23 IIMrtsidEi¢d Oencrol fvnd 145,318 476,436 Ilegtrltted fun¢Ji InVent J08.B35 308.835 TOTAL FUNDS 054 153 985271 Pag¥ 18 ¢ontinu¢d,.,
4 WAle4 ChAi4tahle Foundtloth Nott8 lo the COnlIdAted Fl#ntll StAtewoDts. ¢ODilnu•d forth• YeAr Ended 31 D#¢¢mb¢T 2023 17. MOVFMENT IN FUNDS-ronliDy¢d movement Inf In¢Juded In the above ftsitowB'. InrnIng Oaln5 Movement in fiffid8 ¢xpded Unrutrkt*d G¢DEf41 fund 150,017 14h991 145J18 Rutrltled hndi Invcslment 499.950 $01.835 TOTAL FUNDS 138902 499.950 654 153 Cowp•r¥¢lYu fTrr moveNe#t Iw At movemet In funds At 31.12.22 UnreJlrlc¢td fund4 Ourtrgl fjjnd 18232 312,816 TOTAL VUND8 Comparalive n¢t mijvumpnt In fvnds, In¢lud¢d In lh¢ abDv¢ Av¢ 01 folioW$: lrtcomlng R¢suurc& expended Movemenl In fbnds Unveitrkied fund• GeneAI fund 3,431.735 (3.138,8491 312.086 TOTAL I,'UNDS 3431735 3 13BB491 312 X%6 ge19
Rlln 4 W8lu ChHritgbl4 FoDndxtlon Not¢$ to th¢ Coniolldfited DlnAc141 StatementJ- comtlntted for the Yt4r Emd¢d 31 Dectmher 2023 17. MOVEMENT IN IIUNDS- ¢•Milnued Movements Ichirftyl Not mov¢ment in At l.l.23 At31.12.23 (Iw¢i&l fvnd 113.7761 490.212 476.436 Rrttrkl¢d Fundi Inv¢5fm¢nl 508.835 508,13S TOI'AL FUNDS 985271 NkL movemoTrt lund4 knClUd lrt Ihe aboY¢ &1 follows.. InmIng resou¢$ Rcsour¢¢s expended G&lns and lo¥y¢$ Movcmenl in lund$ Ilnr¢Jtrlct¢d nd 494,911 14,61411 49n,212 Rttlrl¢lwl Inve51mettt 8,885 499,950 JOB.811 TOTAL IfuNDS 4yy I)50 999047 CDmprAtlv¢i for mov¢m¢nts In lknnth{C.h•rltyl Ncl moYBhieni In Ind8 At31.12.22 Ilnveitrloled fvndi Oencrnl fuiid 26.938 140,7141 113,7761 TOTAL VUNDS Net movmenl in funds. infjlwJ¢d (Th Ihe •buv¢ u¢ B6 follows.. Incomin r<sA)Ur$ tiexourc eXPEttded Movein¢nt In UiirulTl¢led G¢n¢¥al fvnd 73.237 (40,714) PAR¢ 20 continu¢d...
Ru# 4 Walm Ch•rltabl¢ W0dO to the ConJolldat¢d Ststthi¢nts- ¢onliipod foi, tho Y¢Ar Ended 31 D•e•mber 2023 A& RELATED PARTY DISCLOSITRES Durin8 th¢ y¢8r, iiun4 W•1¢3 Limltod 4KodtD m9&0 0 th)Mlionof£9JS512022.. £73,2471ts th¢Ruts 4 W•h8 LhwilobleFoundatbJL Atth¢ &reNI th¢th4rtty 0d£n11(]oI2.. fnlll lTrom 4 Waiu Limltrl. Pag¢21