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¢in￿1n Audlt Llmitso Ch•rt¢r¢d A¢WUrL￿1S & S¢atuli)ry A￿lIE0r8 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 Fl*andAI Stat•rnMt for the YeRr Knd¢d 31 December 2123 Pa R¢p¢rt 01th•Tr￿lI*ll R¢pgrt of th¢ Lmdependeol Audl¢on C.fj••tslidaied $t•t•nK•t of Flnllltlil Adlvltl¢i Co•MIW8t¢d ￿TrIn¢¢ Sh¢41 chrtty ￿11*¢¢ Sheet io Cottiolhl•ted Co4h Flow St•i¢th•nt NotH t• th¢CoAvilld*led now Stil¢Th•nt 12 Not¢¥ t• Ih¢Co*x)Ildnt¢d Fln*wtknl Sthttmtth 13 to 22 Rwi 4 wal￿ Chirif8bl¢ Fommdatlo Report ottbe Truite for th¢ Perlod l January 2023 to 31 Der.ember2023 The Tn3stee8 PW¥lit thgtr ryrt wltll tho co]wlldit¢d ruW]ci￿ 5ta¢¢m¢nls of the chwity foi the l Jjrywy 2U23 to 31 DecetDb¢r 2023. 1￿¢ Irustecj havc the ptt>visio￿ of Ae¢olllltin8 K¢portill8 by ch4rlli￿.' st&tr￿n1 of Recomrn¥ndod Pra¢Uca ippJi¢•ble lo chhriiies Prq￿in8 Ir tKcounts in aewrdBftcewith Ibe FlllaLoiBi Kyrtl￿stADdard applic4bl¢in tknUK olldRopublic of trel8nd (Trs IQ2) l¢ffediv¢ l JwJuy20191. ObJ4¢tiv¢a Ind ain The oblectoftbe liutt4 Woles Chtht•blFFound&tk)tt (the Founthh)nl L4th¢ promotion of commuruty partibiF4llon iTh h¢ailhy r￿￿￿110[1 for th4 benefitof Ihe thhabii&nts pf Wtslo. by th¢pmvl¥iDn of forrutining and atlLleti¢s (Hlono or lA¢onj￿(*￿￿ wlth othws). P￿blIC b•D¢nt The Trw51¢¢¥ confm th41 tly have r6feffw] ￿ th¢ gllidBllCa contilned inthe chatlty ¢(FJWlli8Jl￿￿u[Wl&I￿idDnCD on publio b¢Mfitwh¢n Tcvlowln Iho fund's glm obleetly¢ In platJYb￿￿ activltiay. GrAhltmAkl In 2015 th¢ Charity e$tllbllshed A 8Lxnl makkn8 lo 8¢hkv¢ Ils obJt¢tlv¢s. Thtsptoctt￿ Inclu&s lh¢ follDwlDB Iteps. l. Cornpjotlon of ￿ appli￿Oll fonll and Jubrnitjion (o Tnjsteu forcoithliorL 2. F￿￿1￿140n W 4ywilon And 5¥35ion wlilj (he Tr￿l¢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 WAI￿Charl￿ble Follttdatsoll Ils ninth Y￿Or o￿all0￿ to conduct &stsAl88ie revieiv and 8ppoknt a naw BogJdofTrustc¢J to supw)rt its operation 8oln8 f￿W￿ld. Thc icfrcshcd BoBrdiupports th) broBdcrOroup vi8Jon of"fn¥plTinK A¢tlvlty' And hA¥ 8¢¢ out th¢8ty8t¢gic bmbldon the Foundgdon Blmplsfi￿ mlssSon $lDlumont whlth now *t¢D'. To knlcr, ¢ncoiw•8e Dnd doveJDP niithin8. walkin8 ond athl¢tiC9 A¢ro*i Wale8 lil QBu8tsthllhlp WAY Ilial ifflprovoi pl￿ lnhrthcgs Pe￿Ie'S liv¢s. p￿IcI1)HI.lY yOWl8b d154dvanla8ed, ond mirRinAlised Brwps nnd8TOi¥S Ihe ijill￿b* ofpeople Involved in thi5 a¥ B8o¢lal thd iN>rtln¥ 4divlty Th>TNNtoos ¢xpe¢1thBK￿l fflnklng ￿tivi11¢1 to rqcommcn￿ in 2024. Pag# 3 Run 4 W*ltJ ChAritabltr Vouhdatlox Report of the.1'r￿le for Ihe P¢rknd l Jathuary 2•23 to 31 Dte¢mb¢r 2011 rir4ANCJAL REVtEW R¢xrv¢s poll¢y Ihe irt)siets Bim 10 frte rnser￿ In the Charhy's unr¢8trickd Ibttds level whiLh ¥4u&i¢y tiTr ur@rtrxith￿Y yrae5 cost8 for charlty. Giv¢n Ih¢ blni V¢nthJrc with LME. th¢ TruAIC¢S pxe conductln8 1 roviewofthe *ser¥e8 wlllcy .8TRIJC1'11RE. GOVERNANCE ANTJ MANAbEMÉNT Guvernln8docum¢nt The charity iswnlvolkd by It$guv¢ming dorom¢nL fj dccdof Iw$i l￿StIlUteS 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$8110￿. Ae¢Mltmtthi appolttiMtNt of Iru¥te¢i I'ru51ees are 4WLniedor rupwts)red an11￿llY 41 Annual 0¥￿rNI M¢LIii F.very Irustes mwi be w)Iii¢ed tor fy ￿rM ol'lhree y¢ar5 by o resoluilon pxed ￿ a property ￿￿¢A￿d m¢¢lin8of ihe ¢harity Iru5tKS. W¢15h Aihkilcs Niay UP10 Ltharity InJslea$, Thc Riwd11oy overfill r¢8lkXisibility fnrthc ¥overnwitt ofihe (:hortty, It m¢¢ts &¢ le&sl twke ￿r￿&T. The Bo*NI delegales QU￿brItY 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¢1￿3 ¥¥1 dowii by Ihe Board. Th¢ LhKI'Ex¢culiv¢ hDJ d¢108￿ed llulhority f()r ie8uurce pl¥DAl￿. empluymMt, ￿￿¥t￿r. dr.¥￿ID￿nI.￿l Nrrfl IlnnKer. The S¢EJivr m￿4¥¢nI¢ll1 T¢anL WIIBi$ts Dfth¢ folk)win8 p￿0￿rt￿l.. . Ch￿rCx¢¢UIly1 paril NON of thr trusi¢es receive rernunci'RtioA ony oitKr hBnEfil fttrm their wnrk wilh Ihv ihority. Any ￿￿nn￿liOn b¢lwÉen a IruJlt¢ ots¢nltsr muno8er rlf lh¢ ¢h￿rity Jiiwlicr rn￿51 bo digdthd 10 lh¢ Thjll bDwdoftr1151eei in the sonie w4y a5 wiy oihcr L(Intraetunl rclai1on3hlp with u relBied wyly. In 11)c c'urr￿11 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 Ill￿1116 tsr¥unianlioii whleh wns *1 up 10 pminoi¢ mwor swrtinR ¢V¢1115 iii IllaleJ. Rlik ￿1￿￿¢￿e￿0Tht I'h¢ syslcm8 And inicrnfjl ￿nIr01% GstRb1i51￿d l)y Ihc Ik)urd &'biuTh¢d ITr piuYid¢ r¢gsoiiAblo, bul tJDI ab￿l￿te, ￿¥gUr￿li¢￿ 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 ￿ I￿￿tIr1ed 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 Capli￿1 R¢iail Park tx¢kwilh Road Cardill. CFII 8EO Pa8e 4 RUN 4 WAk8 Chavltobl* Fou*dAtion Report of th4 Trustees for Ih? P¢rlod l J*nu8ry 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¢ourJl*rts & Si￿￿k)IY A￿ltOyS Hi8hd•lc Houy¢ 7 Cvhite Louri Trttforost Induslriol Pontypridd Rhondda Cynon T&ff .F37 SYR 'I'RUSTEL¥I KbbP014SIiIIUTY STATEMENT The iiu$lee& &re re$yo￿sibIl 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(?enernlLyA￿pf¢d A¢wuni{n8Prncll￿I I￿lUdIng7..1n￿C1ll1 RrpDrtin8 St4ndJrd 102 lTre FinanclAIReportSn¥ SIN￿￿Td Hpplicabh in Ihe UK R¢publi¢ ol'lreliThJ'. Th¢ l&w applleable 10 Ch￿111¥$ In Bn8knnd 8n¢J w￿¢& t￿ Chw'llks Act 2011. CJi¥tity (AL'counis aNJ R¢purt%l Re6ulalMHl¥ 21)08 •nd lh¢ prvYiy1￿Is ol Iho trtijt d¢ed ￿41[*re$ the tr￿lI￿S 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 Wul￿d 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 c5tim￿c* Ihai Ire wwnable w'udmi., slate whciher llppll¢Hble xcounllng ytal￿nrd¥ hllv¢ been ft*llo**d. $ubJ¢¢i Nrty mllcrlttl dEpwtyre8 d58clo￿ ond ¥xplAirKd in ih¢ financlgl rcm¢nts: pr¢par6 Ihe fthlln¢l•l $111¢me￿il ()Ji Ihv goiw ¢ottc¢m Lhigij Ml#55 il is inaAJropria*10 prnsuni¢ Ih41 Iheharfiy wlll ¢oTrllnu¢ In b￿1th¢￿. 'I'h¢ tTUSte¢5 responsible kceping proper accthi￿tI￿g 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£￿rt￿l Re8ulailon8 2008 ènd Iht ptovlsions of Ihc tr￿1 th￿. 1hey are d150 fc8wnslble for 8•fo8￿￿dI17B Ihv 853018 ofihc ch&rity end hcncc for tthklnx rthsontthlc ￿Cp1 T￿. lh¢ Ind dgle¢iknn uf fiaud ￿(jOt￿r iir¢8uloriii Appmvcd by Or￿tr ofilie bDnrd of try￿C*0Th,......... Hibd 518ned bthllf l>y.' RDCok-I'rns Page 4 K*port of the llldepe•deD¢ Auditon Its the of RUD 4 w11￿ ChAYltxbl• Fo￿￿d￿tIO Uplnlo We have audited the finan¢til slJleThents of Run 4 WAleg Charitabl¢ FoUn￿￿Or1 {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 ￿0t￿en￿. IrKI￿din￿ & S￿m￿larY of sIBnlil(wii occouniln8 w>ls¥i¢5. fillaii¢ial r¢i)urttiiB fThmc%vork Ihal has b¢¥ii ¥pplKd in I1￿1r P￿￿￿tIon is apiili4*bk IRW 8nd ilnlied Ksii8d( Accounlini SItt￿l￿rds Iunilod Kin¥dom GL,1￿r￿l[Y Arc¢pkd Ac¢tsuniing Prxiicel. iDrludln8 PinBft¢iAI R¢portin& sI￿ndard 102 'The Finw￿al R¢prth>g Sisnd8¥d 154)liuble in Ihc UK and Rcpublie ofiy¢lDnd'. In ourypinion Ihc finanty1￿7 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 (Jel￿tRI￿ Acwd A¢counlinB Pr￿ti￿ includi118 Fi￿￿¢1￿1 R¢p)Hin8 Stsndard 102.1 h¢ finaKiul R¢pDrtin% SI￿7d￿r￿ applic&￿tt In Ihu UK ￿ld iiewbll¥of Irelanrf,. end hovo bccn prOp￿L.￿ in oc00￿￿Th0O %viih th¢ roqulremenr5 of the Chvliie.% Ar.1 ?.fll l. for oplrtlon We Londuc*d our4udii in Accord￿lL￿ wIEh IniemthliiillHI oil Audiiliii IIIKI IT%A5 IIIICII and 4Jpli(*ble IDKY. Qur ¥¢gr￿nstbl1Lllc% urtderthase st*)dards gr¢ t￿l'lTr1cr des¢ribcd inthv AuditoiJ' rt%rffjn$ibilitles for Ihoaudiiof Ihr fiisan¢i41 slllemcrils $t¢i¢onuf our re[￿mI. We Arc indopenlent of thatiiy IN aÈL'ordRDLY with the ethical rcyiiiiem¢iils IhAI Brt rol¢vnnl lo ￿Ar I￿11 ￿r th¢ fil￿ncilI1 stalNnenl¥ in thc UK, Sn¢luilinR Ihe FRC'S Ethi￿1 St•ndHrd, and WL. ￿¥¢ fuifsll¢d uur olhrr ¢lliic&l respI￿lbIll1l¢￿ iii u(¢ortlun¢¢ with Ilies¢ rtqiiirwi¢nts. We Ixlltve I￿1 itte audit evid¢nco we hBv¢ 0￿¥1￿ed Is wffl¢l¢DI knd appr¢)priaio w provldc i bosis forour (Fpinlon. Cuni'lu•loni r¢liflni lo golr•8 In audiling Ik *i#wm¢ni8. we hdya Wn¢lUdedth￿ th¥ Irw•$' of lh¢ 8i*in¥ ¢on¢¢rft bJu15 of•¢W￿l1￿81￿ Ihe wEwiilonofthe tknancl thtcmen15 is BpproprlR BA*d oa Ih¢ woyk we hAV¢ pcrform¢4 tsDve rK)l id¥nlifxda)y material wnttrtainiies r¢ialin¥lorvcnls orcondilKbn¥ Ih81, indivi¢Yuallyor collL'cilvely, m￿Y c￿1 si¥nifitxni(loU￿ onl1* th8rliy'8ablllty to ry>NiiThueas a8oin8 coneein fora p¢riodofal le￿i￿Ve1¥•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 s￿110￿$ of ihl& rewrt. Other Iiiformiiion Tl% Irwlces arl respon8¢blB fiK lkne oikr Infor1￿￿1￿0￿. The oihEr itLfDrm&iion ¢ompv&¥y thv InfDrmdtlon loelLxled in IheAnnual RE5XFrt. oiher Ih8n Il rinwi¢i41 slOlrm¥iils and our Repori ot IIK In￿L￿ndent 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 ¢XP￿SS wly fvrm agsuiJAf¢£nMelu8ion Ihvr¢on, Ill ¢OIM￿li0D wilh our 8udli ofihc fiThJn¥i#l siNi¢nbents, our iespoNlblllty 15 1(I rtttd the iDformi(ion 4nd. Iti do5n8 8P, curts11￿1 W￿[hel Ihttoih¥r inform8liott IJ nthterSblly in￿7￿¥1¥[0nI willi (he finw￿l81 Sluiemenl¥ oi. oui, knuwled8o Ob￿lDed in Ilie 8udii or oihuw15c appe8V8 lo bB ￿7￿￿[#1fy mlssiuied. Irw# I￿￿tify ¥I￿h mHlevial incon8isl¢ncies or lltwrcnl nialcrli1 m18$1￿¢m￿l8, wc are requiiyd 10 d¥KniiiN wheihcr Ihi5 givey Ase I m&ierial mlthRtem¢ni in lh¢ fin￿Cl￿1 %l*icni¢nl¥llKniyelYes. If. bty¥L'a on Ilic w￿k we hJv¢porfonned, wecon¢l￿¢ IhotihcrL' 1$ a muibrial mi￿1￿1¢11)ellt ofdjii oiher in1ort￿oI1ol4 we are wulr¥J lo 1'c￿rI 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¢ Ch*ilie% IAc¢ouiil¥ T(epDrlS} ReBulalioM 21108 rewirts us 10 rvwrt to yo f, bl our opiiilon: lh¢ Infthrni&llnn ¥iven lh¢ Re￿rt ofiLK Trytsiee$ Is Incon5istsnl any ￿￿¢r181 r¢speLI wlih the fitWGiBI s*alenionis: or suffic1c￿E O¢COU￿ting 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 IEws*e5 derermine is Inthle Ihe pr¢P￿St10n orrin8nclal st4tM)Mts ¢ho1 *¢ free tkom matetlal mlA9thThen¢ whelhy dueto (loudore￿Or. Itt PTcparln8 thc flopffic￿ siaiemeiiis, IhB Irusltes *e re4K)tK8lble for Ik ch¥lty's abllity lo contlnuc 89 & Bolng wnctm. dlxiosin& a5 pIl￿ble, mA¢fm TeIttl￿ io #olng e0n¢L￿ goln8 (¥)ncem basli of ¥L¥>untirJg unless th¢ Iru*eu eilher Iftlth￿ to Ibwitht¢ th¢ ¢Jwlty or to t¢ox orhvc tho rtlllijtic altem￿1ve 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 ithteme*l$ 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 havi￿6 ¢ffgt* Iher¢under. (hLr objeclivc¥ ar¢ lo obt4ln reasoll4N# a¥yuranc¢ Jboul Mthetber th¢ financial.vtsterncnlx ft8 8 whDl¢ ar¢ fr¢e from m*twi81 mls51alem¢oi, d 10 fraud (>Terror, atid to i¥&￿e x Report of lh6 Ind¢p¢Trdenl Audllors th&1 incl￿1¢& (>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 Infl￿11¢¢ Ili¢¢eonomie dccisioiii f u*trs 10k¢T) on the b￿1¥ nf flnancial Th¢¢xtoni lo whlrh ouryiKedurns ar¢ CApthle ofdeiedlng ItT¢gul￿}l1Yth. frad li delwkd brlpw.. IdentIfyl￿ and pfytentl*l r15ki relltd tts IrreAul*rltl¢• 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 lI￿rnI1￿11￿¢S of DIiITlO8em¢ni oboui Ih¢ir own Idenilfiioilon and wwsm¥ni of lh¢ rlski of irr¢8iitsritlcs'. 1¢) Any niAtter5 havc idcviificd httvl￿g ob14iiJed And rLvlLw*d 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 W￿h¢trf￿Y havc kmivledg¢of Bny Ddolll, suspcci¢d orall¢gcd f¢wd.. liiil the iniurn81 Conti￿1* ¢51obli8li¢d lo mii188ie ilgksof frwdor non-Lol￿PlI￿CC 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 $10(ements p￿￿ my PDl¢n1141 Indlefttors orrrnud. A¥ u ￿sU11 ofihe8e prDcedur¢8, w¥ wNid¢rd Ihe opportunli1¢8 8nd irK•nllves th•1 rnay ¢xl￿]￿lth1Tr Ihe oYugni%ulivn for fr•ud ￿¥j IdtMi(Id Ih¢¥re*¥l nli81 for frnud Ihe fnllowinB 8naa'. IBI'I'irnin¥ ol rt¢ognilion of Income In common wlih 911 atsdlN under I%As IUKI, Bie al￿ r¢quirtd lo perfomi 5peoific pro¢ediiKs lo reswid Ir* Ihc rfyk ofmiM8emtni overrld W#•lgoobtoined an un&rst4n(Jln¥ ol'the le¥thl und wuluiury frnm¢¥wi'ks Ih41 chw'iitsblo Lomp8r)yopBIil¢¥ in, IiiGUSSnHortproviyl(bTh5ofih)￿ laws r¢8ulnilon% thAth￿4 dir¢ci cffc¢i I1￿ drf¢MiintsilonufI￿4￿1iHl nmUUttls4nd ditsclusurL'¥ in finunL'ial ¥luli'niciil¥.'Ih¢k¢y la%v¥and rt8ul8llons vo Cnn8)d￿ed In Ihl.% conl¥xi Included VK Lc)nipot)iLs A¢1. ￿1VI￿YnWlll liiv, Ii¢alili yiif¢ly. pcnsion¥ 1¢8i%lfilioii l&K legislsilon. Inrld116on, we conBlderedpr(bVi3ionsofottrKr Ift￿ HrtdiuBulitiom thtsl thnDI hnve ttdlttcioff￿l the nnan¢i415tat¥'mnts bwi compliOTL¢ewlth whlth may he f￿nd￿￿entral to th¢ ¢horllHble compthY8 &bility lu opcrat¢ or 10 ￿thid B matL'wlDI peMIty. Our prI￿dUre% 10 re%pond i(1 risk-s i&'iiiifiLd iti4liided Ili¢ full(>win8'. (el Rcv4civlii% Ihe finpiiti41810lLmviii dI￿105￿r¢S wid Ivsiing iu Supr￿rtin¥ doruTnthiBlkJn to 9￿$￿ colnpli￿Ct 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 nia￿la1 missts18menl due lo frwd., (dl ID 8ddrrs$inR the risk or rraiid Ihroii811 M￿age1￿C￿l five￿id¢ nf wlmls, ￿511￿8 thc appropriottnosg of Joumal cnliles and orhor ad1￿91M¢￿1S'. 9$5¢%%iA¥ W￿.111¢r Iha judReiiiciiiy iii&de In mJking ll¢cuuiiiin% ¢8lhn81ei Brtt Indi￿live ora W¢oliul bi45', and evRIuhliiiB Ihc l]u¥inoii rgtion8lc of any ignificani Iro¢iS￿lI0]IS Ihol llr¢ i1￿11*u&l oroulsidc ihc Mmial ¢￿￿rgE of bu%ino88. We al%0 ¢ommuni¢ated i¢lev4nl idBniltlthl l¥w¥ reBulailuns and potcnti¥1 fvud risks ¢u ill ¢D8wm¢nl l¢wTr Diemlxv5 reniain¢d al¢rt lo ￿Y Indlca¢lons of fr￿￿A ornvn-(x)rnpliwi£B wlih Iy4WS HTid Ihrou8lMiutth Budil. Page 6 Report of the Independent Auditorn to Ihe Tru5t¢es or Ryn 4 W4lts C&&ritxblt boyndg¢10 No in51anLfY ol'ma(eriDI Th)n-Lofftpli4ni¥ werc iJ¢Aiified. Hi>wev¥i, lh¥ likeliho￿ 01-de￿ding irr¥uu]¥Titio%, inclwling fraud, iy limitcd by Ik inh¢r¢nl diifiLulty dclL'Lling jrregulBrili￿. th¢ cJfoclivcnc.48 of Ihe ¢ntiW5 tyonlrols. gnd IIK naturc, iiminÈ and ext¥nl of Ilie audil prO￿d￿l¢S ￿rforMed. IrTcgularilies Ihai rnsuli from frwd might hL' InhLrnnily rno¥¢ diWi¢ult lo d¢lccl Ihan irregulwiii¢5 Ih4l rr4uli fru5ll t¢ror. As explttincd &kn¥e. Ih¢rc 14 an un4woid4blr rigk that Maicrial tnay noi k d¢*cigd, 4Yert l*Y*ugh Ihe lludil hus bEen planned and wformed in with ISA$ IUKI. A furthcr descrlpiioll of re$r￿)nA1hlLl1lQ4 f thc eharily'8 trusie¢$, Js a body. in B¢Cnrdp￿¢e wilh 1Sdrt 4 of tk Ch4rilK8 IA¢¢ouiits Rtptirt%l REButrdtiOn5 21108. audit work hax b¢¢n unthll4k¢ii g) that ¥￿. miyhi slilc lo Ihc cherlly's IIu51¢¥¥ IlwsL mthiicrs WL. llrL fL'4uiied Iu SlalL w ih¢m in 411 ulldilur¥' rera>rl rur ￿ vlhLY pufpibtsL. To lh¢ full¥st exleiil pvrfflilled by 18w. we do rK)i a¢£BPI ur rc5PDn%?biliiy lo anyon¢ oihcT IhJn Ihe Lhuriiy Ihc chariiy's Iru51L*s a ￿￿y. 4udit wiik. for Ihi& vr fur Ih¢ opiniryil w¢ hthvc forined. Xoinlldin Audii l.irniivd C.'hMrlcr¢d A&14Tr1Int4ni & Slaiulory Aiulilury 7 Ccnirc Louri I'rcli)rcEI Ind1151ripl Esia Ponlyprldd Rh(>n(Idy CyNTr'lalY Cb'37 JYR Dllle., Ib.12*................ Paxe 7 Run 4 WAles Ch•rl¢•bl¢ FouThdatlon C.iin••lld*ted 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;IIATIOl*S All incumc ￿ld ¢xp¢ndilurc ￿lSun from Eonlinuinbi ¥Llivili¢8, Th¥ no¢¢s lomi part ofihese finanLial statement5 Page 8 4 WAlu Charitabk FourtditloD B￿11￿£¢ 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 cuR￿￿1T ASS1478 D¢bto Cayh ai t4nk 477 227 477,228 477228 474.698 CREDITORS AryK)uttis follinAdu¢ wiihln 0￿Y¢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 i￿￿ved by th¢ Board of'TrLttteei 8tbJ 0￿￿or1e¢0 fD113?￿ on.,...... .. .,............ ,........ .... Bnd wyxt *)n Iij i*holf by.. RDL le-'I'nisi¢ 'Lle rtote4 form plrt of thes¢ firtancial sthtemvni$ Pago 9 Run 4 W8Jps ckirl1A￿e FoundAtio Con•olWit¢d Cfv$h Flow Sl•t¢ment for the Ye*Y Ended 31 D￿mb¢r 21123 Yur EBd¢d 31.12,23 31.12.22 Nu*4 CA¥h 110￿ from Dperntlni ictlvlllÈi Cajh ser￿r￿d from opcrnlio 2 473 4841 123 872 Iw¢d inyprovidvd by Op¢r￿Ing aclivlt1¢5 2 473 4B41 123 872 C'**h fyhm lTr¥Ntlni *tllvlélei PUWh5￿ Df tÉn8lhle fL¥od a5s¢15 S￿0 of lunglble flxed SD1¢ of liKd a%sei invcslni¢nlS 110,J471 881 Nel eosh provld¢d hylluxd lThl MY￿11n$ ￿lIVI1￿￿ IK)0 ('.hany Iwj ¢aih ¢Nih t￿1Vale￿￿ ITh the reportlthi porlod C￿h *nd ¢uih eqylvil¢nts it thr ￿(1h¢ r¢porllni yer1￿1 {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 Ch*rlt•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 D￿re￿ 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 0￿ra110￿ 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 Ch*ri¢•ble FDund•¢lon Nol¢s ¢0 tke ConsolldAted Flnathtl%l $t8t•menli ror th¢ Ye•r Ertded 31 D¢c¢mber 202J Accour417NG POLICIF3 The financiul sr01¢￿1¢nIS ofihv ¢harily. whioli is a publi4 b¢rtfit cniLly FRS 102. have be￿ prepored in ac4Jrdance wilh th¢ Ch?riliiy SI)RPIFLS 1021'A#ounitn8Bnd R¢wrt4118by C￿Hr11￿¥.. Slalunerti ofRewmni¢o(kd Prn¢il¢e&ppli¢8ble lo ¢hariiies pr¢pfiriii8iheira¢counts in Rccordwicc wilh FiiianciAI Reporting sipndfjrd applicabl¢ In IIK UK Kcpubl¢L of Ire1w￿ {bR% 1021 l¢tl¢¢livc l Jthnufiry ZV191'. rin&icial RL'rknrii118 SidThl8rd 102'Thc I'-j¥w]c￿I Re¥y)Ifiny Sthn(lard appl¢cable Ihe UKaDd IILpiibliL of Iwl4nd Ynd I1￿ Cliarii¢u Act 2011. 'Ihe IliwJciH] ￿81¢mc￿lS h&v¢ F¢ePBr¢d utsthi. th¢ his1or1￿1 ¢031 ¢unvenilon, with lh¢ ¢xewion of i￿¥¢¥1M¢Th￿ which Ineliided Jiiaiket ¥thluc. llic pr￿n1￿1￿￿ ￿r￿neY Is £ St¢tllnM. ¢proup Vlth¥rtelil Stilem¢nti Al Ihc stort uf Ik,yctsr c.harityd18rrf)￿d of IOO%conlrol ol'lliirt 4 Wdl¢4 Limiicd lo M4 l Ve￿tR Liniiiidmnd I￿1*$n￿J IUv%4usLirol of M4 ￿￿￿15 Li￿11¢￿. subrt4￿￿[ 10 Ihly ikne C.h#rity disrMx4ed of SOV4 ol'm4 EY¢ni8 Lilili￿1 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 Ll￿111td for Ihe year to 31 [k￿mb¢r 2023 iiKorpuraiing the full y¢w s r¢5uli%ufihc buh$￿1•ry. The $ialemenl offlfjtsTh¢lal ouivitlel In th¥ Lharity rpfl¢¢is the r¢￿￿1￿ ol'lhe tharity, Ik Im¥llkJn arTr)unls of Run 4 W•leg Llmlicd bc¢omrn8 r*Jolnl we￿U￿ rnthwihonu xubsldlthry lh¢ 50% Dtih¢ r¥bwli¥ of Ihe ¢oJuolld4t¢ Nled abovo (or 2U23. 'Th¢ balaiiee shecl r¢llw15 Ihr Charity only In¢luth$ Ihu luini v¥iiliir¥ ￿ lis 2022 valuHIiDTh plus the Jhprb lif th¢ ￿¥￿11$ noted above. ljb fvfvte ye81$ Ihe slfytsnL¢fil of fin*ciAI 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¥)nc￿ll b8%iJ. In miikmig IhelT K%q¥*imenl vfihc RoItt8 uf IIK. Lliarity, Ihv Tru¥lccs h&v¢ r¢vic%vcd alhl ¢onsWtred oll rel￿nn1 infomiation. Th¢ ClIArityhh¥ unreqlrlc￿d ￿9h r¢Mirce8 lu be suffKl¢nl lo nitei Dn s(Fi￿9 liBbililie3. [ne￿me 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 The￿urEd 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 b￿8￿$ 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 portic￿lar rosi Wln (Srants 0[fe￿d %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 b￿1 dD not dI￿¢11Y unthilikc charil#blc ￿livIt￿9. 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$ei over ilse511rnaid u¥eful life. Finture5 an£1 fittinAs Compulerequipm¢ni 20%on C￿51 25Yoon wst Page 12 continued... Ran 4 Wilej Chari¢hble Founditlon Noles to tht Consolldated St4t¢m¢nl¥- cuDtIAu for the Yefir ENded 31 Deetmber 2023 ACCOUNTING POLICIES- ¢on¢ltbuÈd TAx*IIo Tr ¢lBrity is exempl from t￿0￿ ilg ¢￿tIbl¢ YKtlvlii¢s. HCtoiintlo8 Unr¢5tr1rta flinds b¢ us¢d wt 8CL*rdan￿ wilh Ihe tharitable objecitves il the dlicreilon Dr the trustees. 'Ihe day to doy aclLVLlie8 of the Charity arc uthtestricied. Reilri¢led furth can Thily bo usod for partIC￿lar rrilrlct¢d puipojmwlihltt the obJ¢rLs of tho ¢haTity. R•$irk4ions Eri% when ¥Fx¢jr￿ by lh¢ thyThir or whcn fvnds arc rgis¢d foi partitiil*r rtArictcd puryosas. The resliiL*4 fijrtd r¢I￿eS 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 n￿vemen1 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 R￿ained in the sub5idillry Pag¢ 13 ntinu¢d... Run 4 Wa]eJ Ch8rll*ble 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 i￿rIn¥ 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$18 {s¢¢ nol¢ 8) 7) TolDIs RunniTh¥ & Athl￿10$ 675 Pago 14 (x)ntinucd.. 4 W*l¢8 Ch*rftftbl¢ 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 Surv*t 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 ns*9 Riles4nd waler Bvnk diarB¥s 8,368 12221 4,217 220 414 1,895 61,243 ltes Ind wthi Al￿v￿lS￿¢Y and k8lll TRUSTEES, REMUNEIIATJON ATrID ThILbi%*r¢ tio IMke8' remuneiadonor DIFA bcnefiti for the yeBr Ortd￿ 31 Dr￿M￿rI023 nor for the per5od 31 D¢c¢mb¢r 2022. Truiitu. expeD4 There no tsusle¢& eX￿n￿Y p41d for Ihcyw ontsl 31 D¢¢￿ber 2tr23 tx>rtor the wicrtl ¢n(1*11 l Detvmbet2022. 15 ¢ontit)ued.. Run 4 W#lei Ck¥Jrlt*ble 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 wttploy*s 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 Ch*rltnbl¢ I￿1vIlle1 Rlin￿l￿g & Athktl 169,106 Ou￿1 tr*Jing *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 r￿l￿d¥ broughi 18232 Pg8e 16 eortilnu¢d... 4 WAk• Chai4tabh FoundAtIoD N•ta* to the Consolldlttd Flth*nclAI Stil¢m•nts- con¢lAu¢d foi. th¢ Ye8r Ended 31 Deeembor 21123 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVFTIES. con￿￿V 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 d15pO￿l 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 contInu￿1... Run 4 W•lu Chlrllgbje Fo￿ndItIon N￿t￿ lo ilie Coiisolldat•d Flhft Thtlll Stxtemortts- ¢onti*utd 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 CTh*rlty 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 ol￿r ¢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 4￿u&l5 Ind deferrt4 Inry)mc i#¢ud¢5 £nll 12022.. £50O.(MX)I In rel￿￿0 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 InV￿￿￿ent J08.B35 308.835 TOTAL FUNDS 054 153 985271 Pag¥ 18 ¢ontinu¢d,., 4 WAle4 ChAi4tahle Found*tloth Nott8 lo the COn￿lIdAted Fl*#ntl*l 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'. In￿rnIng Oaln5 Movement in fiffid8 ¢xp￿ded Unrutrkt*d G¢DEf41 fund 150,017 14h991 145J18 Rutrltled hndi Invcslment 499.950 $01.835 TOTAL FUNDS 138902 499.950 654 153 Cowp•r¥¢lYu fTrr moveNe#t Iw At moveme￿t In funds At 31.12.22 UnreJlrlc¢td fund4 Ourtrgl fjjnd 18232 312,816 TOTAL VUND8 Comparalive n¢t mijvumpnt In fvnds, In¢lud¢d In lh¢ abDv¢ Av¢ 01 folioW$: 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 Dln*Ac141 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.. In￿mIng 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 CDmp*rAtlv¢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