Charity registration nurthr 1160782
Company registration number 07473153 {England and Wales)
GNANAM FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

GNANAM FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trty¥t
Aiadurai SIVa￿MY Premananthan (Trustee and Secretary)
Alliraiah Subaskafan (Resuned on 13106120251
Dr. Ravikumar Mulhukaluvan
8•cretary
Aiadurai SNasamy Premananthan
Charlty number
11e0782
Company numb•r
07473153
Prlnclyl•addreB•lR•gl•t•r•d-offlc•-
3rd Floor
Walbrook Building
195 Marsh Wall
London
E149SG
Ind•p•nd•nt Audltor•
Sterling Young Limited
Sullé 50 238 Merton High Street
mbledon. London
England SW19 1AU
B•nk•rn
ICICI Bank UK PLC
l Thomas More Square
London
E1W 1YN

GNANAM FOUNDATION
CONTENTS
Trustees. report
statement of Tfuslee$' ￿Spons￿.1rtIes
Indepfrndenl audilorfs rnKh)rt
Statement of financial 8clfvili¢$
Balanc• sheet
iu
Notes lo the finan¢io1 statements

GNANAM FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Tru8lees present their annual rerM)rt and financial statements for the year ended 31 December 2024.
The finanaal statements have been prepared in accordan￿ with the accounting polici8S S8t out in note 1 to the
financial statements and compty with the chafily's goveming document, the Companies Act 2006 and AccounlirwJ
arKI Reporting by Charities. Slalement of RecoMw￿nded Pracbc8 applicable lo chanlies preparing their accounts in
accordance with the Financial Reporting Slandard applicabl8 in the UK and Republic of I￿laThJ IFRS 102)
{effective 1 January 2019).
Obloctlv•s •Thd •ctlvltle•
The aim$ and ¢Jbjeclives are the provis￿n of financial support to Gharilios in Untted Kingdom and elsewhere whith
work lo improve the INes of vulnerable and mafginalized gfOUP8. The chafty 8¢h￿Ve5 Ih68e alms by making grants
lo tharilies regislered in the United Kingjom and lo inslilulions carrying out projects con$i4tenl with ils charrtable
purposes in Sn Lanka.
Publ1¢ Bonent
The Trustees have paid due ragafd lo guidance Issued by the Charity Commisslon in de¢Kling what activities the
chairty shoutd undertake. Thls was achieved by funding SLtpport provthd lo Inslltullons bolh in and OUts￿e the Uniled
Kingdom working lo improva the livo$ of vulnerable and maiginalised gfOLIPS.
Gr•Tht pollcy
The Trusteey have Implemenl8d a grant making policy. The Tru$lee3 decided that their initial locus would be the
Ptovislon ol gfanl funding to ¢h8nties working in United Kingdom. Sri Lanka. India. Nigeria, Tanzani8. Philippine8.
Romania and Sudan to alleviate povety.
Th8 ¢horily wlll not carry out proJeci8 in Its own ryhl bul r•lher, woll make gran18 lo charillès that have hyenlifkd
individuals who require assistance.
An apPI￿nI charity musl provide the charity wrth evidence that its intended benefiGiaries are peopl8 in povety wilhoul
the means lo otherwise iryrove their standard ol livlng.
The charity will have 8 strlcl pro¢edure in place in felatson lo furKling UK chariti88 operating overseas, A potenlwl grant
application will detail the history behmd the project and how il woukl benefit the people and how mtsch il would ¢osl.
The charity will rrK>nilor expendiliifè lo ¢n$ure that ils lund8 ale Spent correctly, lo asséss Iho impacl of Ihe wo
carl￿d out and 6nsur8 th81 funds are u8e(l in furtherance of the charity's charilable purposes.
Through ils due diligence and n￿nitoring procedures, the fru$tee8 will ensure Ihat ts lunding Is u88d lor 11$ charitable
purposes and in compllanc* with all 8pplie4ble UK lavo8 and regulations.
Achl•v•m•nt* Ind pwfomi•n¢•
The charity made grants in the year uThJef revtew of £1.(w)6,142 88 delail8d In note 5.

GNANAM FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnanclal reviow
The nel income for the year was £2,047 (Nel expenditure of 2023- £77.5571
The total I￿)rne received was £1,110,89112023- £421,500) consi81ing ofdonalions from ￿nnec1ed parbes (see note
11). The iruease In tolal ￿me received is athibutable to the i￿reaSe in requ8sts for ￿C￿alKIn8 receNed from
connected and third parties Isee note 31.
Tolal exp6ndilure was £1,090.84412023. t499.0571. The in¢￿8$e fesulled from a higher level ofgranl$ made during
Ihe year. Support and other costs rose by sum of£36,438 (68%) to £84.701 (see note 41.
Golng Concern
The chanly has ￿pOrted a not income for the yearof£20.047 {Nel expenditure £177,557; 31 December 2023)
and as al 31 D￿rnbel 2024. il has nel liabililE$ of £1,703 Inel liabilili8s of £21,750 , 31 Oecember 20231 The
Trustees have assessed a cash wqe¢tion for al K8asl 12 ffK)nlhs from the date ol sKJred ffinanoal slatements lor
year endirvj 31 Decentsr 2024 and wncluded Ihal %thilsl most Of1￿ chanty cL)sis are d￿cre￿0nary, t￿ere 6 sbll a
potents'al for a Cash otstftow due to possib￿ ￿MIr￿a d￿renCES wth wrd$ lo donati¢)ns Irom Lyc*nobile UK
LlMrt￿ Ilargesl donor ol the charity and a r￿n￿anY whereAiadurai Sivasamy14emananlhan is the direclof who
is also the Trustee of Gnanam Foundalionl. Aiadurai Siv888my Premananlhan as a Trustee has Ihefefore
nfirmed a continuous financial support lo the chafity lo meet Ihe Cash requirements confirmed lormally Ihfough
tter of supwrt for al least 12 months from the dale OIS￿ned financial ststemenls for year ending 31 December
2024. is lo avoid any p)Ss￿le scenanos of a net cash deficrt, Based on thts, Ihe Trustees have a r88sonablo
expectation that the charity has adequale rèsources to continue In operational exislence for al least 12 monlhs from
the dale of signed financial statements.
The finan¢ial support from the I￿SleeS 18 not légalty binding The large616ingle donor ol the charity, Ly¢an￿bIle UK
Limited, is currently in dispute with HMRC in relation lo a lax matter. The Trustees have formed a v￿W Ihal the
mallef 1$ unlikely lo be resolved within Ihe next tsyo year. Due lo the significance ol the dispule. whi151 Ihe Truslee8 are
nfidentthal allernalive Sources oldonalions CA)uld be airarKJed rf required thI￿gh sw)port from Ihe Tfustee. there
are uncerlainlies presenl in Ihis regard which indicate Ihal a material uncertainty exisls Ihal may cast doubt on the
chanty'8 abilty lo continue as a going COn￿rn.
Ro•erve8 pollcy
Tt* Tnjsl has no set Merves policy and rel￿ on Ihe continuing $UFPOrt ofthe TNStees and Ihw'r connections to
operate g￿ng fO￿ard which they have ifKlicaled wll t* forthcomirKJ.
8trnctur•, governance •nd m•nag•mont
The chanty Is a company limited by guaranbe artd was sel up by memoraThJum and artKbs of as80ciallc￿. The
thanty w88 lormalty registered with the Charity CoMmiss￿n on 9 May 2015.
The Truslees who served during Ihe year and up lo the d8le ol81gnalu￿ ofihe financial slalemenls were..
Aiadurai Sivasamy Premananthan
Alliraiah Subaskaran (Reswned on 1310612025)
Dr. Ravikumar Mulhukaluvan

GNANAM FOUNDATION
TRU8TEE8' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEM8ER 2024
The ol •ppolthwrt ol new TnJ8lee8 ￿ ¥8Biod kn the ￿1¥In0 Tvult￿, h h th& pfylry ol thg ¢h•rtt•b
cunp•ry lo piovhle any new TnJ8t8é8 8wrdnted ¥Alh bgthgfoiind Infomiallon rnowdbVJ Ils gff•lrn. Ind￿lIft9
a¢¢c￿￿tI. In wdgr th41 ¢•n olA4ln 8 sufflclem le￿ ol kn¢yAledgè to th￿) io perf¢Th ihdr role#
•fferAlb*ty. Fwltrw Imlrfnp *llb• provlded 88thkn18 eon61dered •PPfWthe.
NM• oftha Tnmiéts ho8 •Trrf l)w￿l￿dIrt4re8I Intho e¢mp•ny. All ofth& TnMi•M ol Im eompa
Jftd 0￿1￿nto• lo contthrt• £1 1nlhtre￿Trl of • ￿n(Ing
Th• O•y lo mantyemenl ol the thath Is by th• TNth••. PrnJ•d• w¢llk•ll¥ 8•*gn•d lo IrthOu•l
Tn*l•o• forthdrfthltr• Ind mthtorfno.
In •cwd•nc• wlth Ihe cornp•nY• •rtlcle•. a rn•0kbll￿ th•1 Sl•rt*y YouTrJ Lld be r••ppothl•d •* •udllor
01 lh8 comp•ny ¥AI ￿p￿t at • G•nernl Me*lng.
Dknclo•uv• olthfommljon to •udllDr
E•ch c4 th• Tnrnt•es h&s conllmi•d thai Il*rn kn no In1¢xM•U￿ ol fhthl¢h Ih•y •m •W•Y• T*hl¢h * r•l•¥•rt to th•
•udlt. ￿ ol wP4ch Ihe auditor i• unmr8. Th•y h•v• furth•f canlkni•d th•t thffji h•w• t•ken approplat• thps lo
ktértbfy 8u¢h v•lw4•nt lrftym•llon and to •It•b1￿h thai Ihe audMor18 ol iuch Inlonn￿l0n.
•pprn¥od by
v•b•my

GNANAM FOUNDATION
STATEMENT OF TRUSTEES. RESPONSBILrriES
FOR THE YEAR ENDED 31 DECEAIBER 2024
The Trusl•trs, vkno are a160 Ihg dir•dors ol Gnanam Foundatson fof the purpo￿ of company law are r•spOnS￿le for
pffjparing the Tiustees, Report and ihe financial slat•￿ntS in acryJrdanc* with ￿fflpanY law and Uniled Kingdom
Ac￿U￿tIng Sl#ndgrdg (Unrted Kingdom Gen&roHy Acc4pted Ac¢ounlsng Pr8dl¢el.
Th• law applicable lo ¢harrt*$ in England and Wah* r•quw•8 Ihe Trusl•*$ lo prepare finanual $t•tfrmnts lor •o¢h
fmanciol year which give a Ir￿ oTh1 law y￿W ol Ihe 8lale ol affai18 ol the chafty and ol Ihe incomin9 iesourcés 8n
applicalion of resource8 of th• ¢h8rity for that ye8r.
In p￿￿ring IhoBe finana41 TAal•m•nt8. the TnJst••$ or• required to..
- gelect 8Urtgble accounllng poll¢ies 8nd Ihen appfy them o)ftglStentty'.
. obGer¥e the melhods and principl•s In th• Charibès SORP,.
. make judoèmenls #nd e8limoie8 Ihal re8sonoble gnd pNd8nl'.
ilale whether appluble UK accounting $tOnd4￿¥ h¥v• been lollowéd, iubl•d lo any material d*p•rtures di$do2ed
and explained in IM financial $18lemenls. and
pr•paf• Ihe fin•nci•l il¥teTh*nls on Ihe gosng conc•rn b•$i¥ unleig11 Is Inopproprijle lo P￿lUMe Ihjl Ihts th•rlty
wdl continue In operaUon.
Th• Tw$te•s are lospon￿￿ for keeping suifKlenl accounllng r•cofd8 that di8clo8e wrth re•8onabl• aGcuracy al
any lim the finanaol posth'¢)n of the charity and enaljle th•m to ensuie that thè finanty81 statement# eA)mpty vllh Ihe
Ch•rrtie8 Ad 2011, the Chaiily IAccovnt3 and Reportsl Regulations 2008 and the prov1510M ol Ihe tw•t deed. Th•y
or• al80 iespon#ibl¢ lof saf•guarding Ihe a880ts of lh• ¢harity•nd h¢n￿ lor t4king 1•o•onabb $top8 lor the prtsv•nt￿n
ol Iraud and olh•r iii•gularilies.
Llablllty Llrnll•tlon Agr••m•nl wlth Audltor
In 8¢Co￿anCe with Sèclion 534 01 Ihe Companies Ad 2006. Ihe ￿MpanY haf enlered into o liobilily limit8lion
gwm•nl with It8 exlemal audrtor, Slerflng Young Limlted.
- Th• prlndp•l t•rm ol th• Agr••m•nt.' Th• •udilofs l￿bIlity lor statutory •thlil woth *• hmrt•d to thfe8 bmel the •udll
lè•, In iespect of any daim ¥ri$ing from or in CA)n￿￿1￿ wth the audit work.
- O•t• ol R••o14rt1on Approvlng thfr Agr￿ment Tho ligbilty lirnllatlon •gre¢fflent WAI 8pprov¢d by the sh4itrholdei
of Ihe compartry on Augu*t 1 S. 2025, th •cLoJtl8ne* Tlthh lh8 cwny's Anid&s of A88OC441ion and rel￿an1 pro¥ffjton$
ol th• Coswjanies Act 2W6.
The Ilmrfs 6pecified above shall be the mwximym amounts lor whi¢h th• auditor. rts trv•t&¢8, and ernpknyeeg yhall b¢
liable lo
11 pefsons party lo Ihis a9reen*nl, and atso lo any olhef p•w￿nI wilh whom the auditor has agreed th• limrtS.
Bs In8y
ly on the audiloi s wo
Th1$ di
Ihv te
Sure
made In
ity limit41"
banc• wrth S
akr4em•nts.
clion 534 of the Cofflp4ni#¥ Act 2006, whKh mandates di3dosure ol
Al•dur•l
Ti
•nth•
110120

GNANAM FOUNDATION
INDEPENDENT AUDITORE REPORT
TO THE TRUSTEES OF GNANAM FOUNDATION
Oplnlon
We have audrted the financial slalemenls of Gnanam F¢)undation Ilhe'charrt¥l fof the yearended 310eeember 2024
which compnse the slalement offinan¢ial aotivilies, the balance sheet 8nd notes to the hnancial slalem8nts, including
S￿nIfICant accounting polKie$. The finanaal reporting fram&work that ha$ been apPl￿d in their preparation18 8pplicable
law and United Kingdom Accounting Standards, induding Financial Reporting Standard 102 Th8 Financi81 Repothng
Slandardapplicable in the UK and Republi of lftland Iunrted Kingdom Generalty Accepted A¢¢ounling Practir*}.
In ouroplnion. the finanaal staten￿nIS give a true and fair v￿W of the $lale of the charity's affairs 88 at 31
December 2024 and of rts incoming r880urc8s and applicat￿n of resources, for the year then ended.. have béen
properly prepared in accordance with United Klngdom Generalw Accepled AcC￿ntIng Pr4ctkè', and have béen
prepared in accordance with the ffjquirements of Ihe Cha(rt￿s Act 2011.
B*•l• lor oplnlon
We conducted our 8udll in accordanc* with Inlemallongl SIAndards on Audillng IUKI IISAS IUK}l and 8pplieAble
low Our responsits'lilies under Ihosg starbdaids are ILtrther described in the Authlorfs rgsponsibililies lor the audit of
the KFn8nc181 st81em8nls seGtion of our ieport. We are independènt ol the tharlly In accordance wilh the ethical
requiremenls Ih41 are felevanl lo our audit of the financial s14lemgnts In the UK, including the FRC'S Elhic81 Standard,
and we have fulfilled our other ethical responsibilrtie5 in accordance with these reoulremenls. ￿ believe Ihal the audrt
evidence we have obtained N suffidenl 8nd gppropriale lo provhde a ba818 for our opinlon.
Matsrl*l uncert•lnty r•lat•d to golDg concem
Wo draw attention to note 1.2 In Ihe finoncwl ¥tatements which indicates that the charity is dependent on financial
8UPPOrt from the Truslee lo meet the cash requlremenls lor al least 12 month8 from the d818 ol signed finanti81
$lalemenls for year ending 31 December 2024. Tl* financlal Support from the Truste8 Is not l¢gally binding. The
Igrgesl 8ingle donor ol the charity, Lycamobilg UK Limrted, is currenlly in dispute wilh HMRC in relation lo a lax matter..
In this eonlexl, whil81 tho Truslees are confident Ih8t 8llernallvé sour¢es of donations could be aNanged as r8quir8d
through support from the Trustee, there ar6 unr*rtainlie8 Pfesenl in this regard. As slaled in nol¢ 12, these evenls or
Conditions indicÉl6 that a material uncertainly exi818 Ih#l may cost swnificorit doubt on the chan￿$ ability lo ￿ntInUe
as a going concern. Our opinion 1$ not Modifi￿ in respecl of this malter.
In auditing the financi81 slal8menls, we have cpn¢luded that the directors, u80 olihe going con¢ern ba$1$ of accounting
in the preparalion of the financwl stalem8nls is appropriate.
Our responsibilitie¥ ¥nd the responsibilities of Ihe trustees with re$pe(* lo going ¢oncefn are described In the relevant
Se¢l￿n$ of this report.
Other Inforn)•tlon
The other Informalion wmpri8es the infomation included in the annual report other than the fingncial st8t8m&nts
and OLtr auditovs report Ihereon. The Trustees are responsible for the olhei information ¢onlained wrthin the annu81
report. Our opinion ¢￿ the financial slalemenls does not cover the other informolron and we do nol express any form
ol assurance conclusim the￿on. Our iesponsibilily Is lo read the other informal￿n and, in doing so. ￿nSIder whether
the other inform81ion is materially kncon$i$tenl wrth Ihe financial 81atem&nts or our knowledge obtained in the course
of the audil, or olhemise appears lo be materially migslated. If we hdentify such material inconsistencies or 8pparent
material misslalemenls. we are required lo determine whether this gives rise lo a malef￿1 missL8lement in the financial
statements themselves. If. based on the work we have pefftIm￿d. wé ex>ndude Ihatthore is a material mtsstalement
of Ihis other infoimalion, we a￿ required lo report that fact.
We have nothing to report in this fegard.

GNANAM FOUNDATION
INDEPENDENT AUDITOR'S REPORT {CONTINUED>
TO THE TRUSTEES OF GNANAM FOUNDATION
Matters on whlch ￿ are requlred to report by exceptlon
In the light of the knowledge and understanding of the charity and ils environnwnt obtained in the course ol the
audit, we have not Klentir￿d material misstatements in the tfUStees' report.
We have nothing to report in respect of the folhjwing matters in relation to which the Chariti'8$ (AcGounts arKI
Reports) Regulations 2008 require Ils lo report to you if, in our Opini￿..
the information gwen in the financial slalemenls 1$ inconsistent in any material respect with the Tru8te¢s'
report, Of
suffKienl accounting records have not been kepl,. or
the financ￿1 8lalements are not in agreement with the ac￿￿nts.n9 record$. or
we have not rerkived 011 Ihe information and explanations we require lor our audrt.
R￿ponsIbIlItIeS of TruBtee8
As explained moo fully in the statement of Trustees, re$pon$tiililies. the Trustees r88ponsible for the preparation
ol the linancial slalemenls and for being salisf*d that they gwe a true and lair view, and foi such internal control
as the Trustees delemine is nècèssary lo enable the prep8rat￿n of financol slalements that are free from material
mi88tslem&nl, whether due to fraud or error. In Pf8paflng the financial slalemenls, the Trustees are responsible for
85s8s3ing the ch8nty'8 ability to continue as a going concern, disck)8ing. as applieable, matters related lo going conc*rn
and using the going eontsrn basis of accounth'ng unless ltte Trustees ether intend to cease o￿latiOns. or have no
real1st￿ altsrnaliv¢ bul lo do 80.
Audlto¢• rMpon•lbllltlM for th• oudlt of th• Ilnanclal statements
We have been appolnled 09 auditor under Sect￿￿ 144 01 the Charllb$ Act 2011 and report In accordanrA wlth the Aet
nd relevant regulat￿n$ made or having effect Ihereunder.
Our objectives are lo obtain r•ason4blg 88sufanc4 about whether the financial slalemgnt8 as a whole are frée from
material mlgslalem&nl, whether due lo fr8ud or error, and to i$¥ue gn audilorfs report lttal Includ8s our oplnion.
Reasonable assurance is a high level of assur8n¢è bul is not 4 guarantee that an audit corKluded in accordance
wilh ISAS IUKI will a￿ayS delect a material misslalemenl when rt exists. Misslalemenls can arise from fiaud or
erfor and ar8 ¢on$idgred malerial if, Indiv￿￿81￿ or in thè aggregalo, they could reasonabty be expected lo influence
tho economic decrnlons ol u8ers taken on thè basis of these financial slalemenls.
The Oxienl to whkh our pfocedtsres are capabl$ ol detectlng irregulanti88. includlng fraud, is detailed below.
Extent to whlch tho audlt wa• con•ldered c•pablfr of dotsctlng Irr•gularltle•. Includlng fraud
Our audit proc*dur¢s were prlmaflly directed towards lèsling accounting systems in operallon up)n which we
have based our a8￿$sment of the finan¢lal $t•ten*nt8 for the year ended 310¢￿mbor 2024.
We planned our audit so that we have a reasonable expectation of detecting material mi$$ial•menls in the finan¢lal
slalernenis resultin9 from Irregularit￿5, Iraud or non-compliance wrth law or regulalions.

GNANAM FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF GNANAM FOUNDATION
In identifying and assessirwJ risks of material misslalement in respect of irregularities. including fraud and non-
coryliance with laws and fegulalions. our procedure8 irKI￿led the following:
The engagemenl partner ensured that the engaggmenl team collectively had the appfopriale competence,
capabilil*s and 8kill8 to wjenlfy or recognvie non-compliance wrth applicab￿ laws and regulations.
Enquiring ol management of whether they are aware of any non-compliance with laws and regulati¢￿3.
Enquiring ol management whether they have knowledg8 of any aciual. suspected or allw Iraud.
Enquiring of Manag￿ent Ihelr Internal controls 8stsbll8hod lo mth'gate risk related to fraud or non-
corrf)liance wrth laws and regulations.
Discu$sion$ amongst the engagement team on how and wheR fraud might occur in the financial statements
and any potenkn'al Indi￿10￿$ offraud, as part of ourdiscussion. we ￿￿ent￿led potential for fraud in the following
area$', posling of unu$uo1 journal$.
Obtaining understanding of the legal and regulatory framewo￿ the charty operate8 in focusing on those laws
•nd regulations that had a direct effect on the fin8ncial $tslements or that had a fundamental effect on thè
operalions. The key18ws and regulations we Cons￿er8d in this context includèd Ihe Chafities Acl.
Audlt r•spon•• to r18k• 4d•ntlll•d
Fraud due to m4nap•m•nt O￿lTI￿•
To addfess the risk of fraLKI Ihrough management bi48 and override ol controls, we..
Perfofmed 8nalyiical procedure$ lo identify any unusual or tsnexpected rèlalionshys.
Audited the ftsk ol manag8m8nt OV8rrido ol controls, including testing of loumal 8ntrio$ for
approprial8ness.
Assessed whether judgemènls and assump110118 made in d6tQfmining the a¢counllno t$limales such as
pTopertlg5 valuation ware indicative ol poienllal b￿$,. and
Invest￿ated the ratsonale bèhind signifi¢#nl or unusual Ir8nsaction8.
Irr•gul•rltleB 4nd noTr¢ompll•n¢• wlth laws and regul•tlon*
In response lo the rtsk of irregularilies and non GompllarKo with laws and regulations. designed procedures
whith includod. bul are nol limsted lo.,
Agreein9 financial slaiements di8c108ures lo underlying ¥upportin9 documentstson.
Revh?wing minutes ol meetings of tho88 chafged with govèrn8no.
Enquiring of manageThnl as lo actual ond potential 1rt1g8l￿n claims.
The le81 n8lure and other inherent limil8lton$ of on oudil, togelhef with the inherènt linilations of any accounting
and intern81 eonlrol systsm, mean Ihal there is an unavoidable rtsk that evèn som8 maler￿1 mi88lalemenls in respect
of irregularil¢es may femain undiscovered even though the audrt is properly planned and performed in èctordance with
ISAS {UKI. Furthemiore, Ihe m￿8 removed Ihol laws and regulations are Irom financial Iransaclions, the less likety
that we would become awafe ol non-compliance.
Our exgminglion ¥houkl Iherefofe not be felled upon lo diyclo¥e all such material miss18lemenls or fraLbJs. error¥ or
Inslances of non-compllance that mwht exi¥l. The responsibility lor safeguafding the assets ol the company and lor
the prevention and detection of fraud, error and non-compliance wllh law or regulation5 rests wtth the IfU81ees.
A further de8cription ol our r8Spon$i)ilit￿5 Is availgble on Financigl Reporting Coun¢if¥ website al.. hllp8.'11
www,ffc.org.uklauditorsresponsOlliik?s. Th13 da￿T1P110n forms part of our audil0rf8 report.
Othor m•tteY•
Your 8ttenlitin is drawn lo Ihe fact that the charity has prepared financial slalemenls in accordance with "Accounting
and Repotts'ng by Charrties,. Slatemnl of Reeknmmended PractKe applKable lo chariiies preparlng thèir aeeounts in
accord8nG8 with the Finan¢ial Reporb'ng Standard applicable in th8 UK and Repub￿¢ of Ireland IFRS 1021" {as
amended) in preference lo the Accounting and Reporting by Charit￿. Statement of Recommandèd pr￿11¢e issued
on 1 Apfil 2005 which is referred to in the extant regulations bul h8s now been wrthdrawn.
This has been done in order for the financial stslemenls to provide a tw6 and fair vièw in a¢¢ordance with current
Generally Accepled A¢xounling Praclice.

GNANAM FOUNDATION
INDEPENDENT AUDITORS REPORT (CONTINIIED
TOTHE TRUSTEES OF GNANAM FOUNDATION
il•• olour
Tl45 reF4yI B madè sol8ty to 1rust￿$. as a bc¥Jy, m accudw wth pwt 4 ollhe Ch8riM IAwints
and Re￿￿8) Regula*'ons 2t)08 Our ￿drt work ha5 I￿￿ underfaken Jo Ihal we mym slatè lo the chwrtyl knslees
mattern we tr) Ilw in and for noo#w FwN>se To 6x￿nI
pemrtted by law, we do not a¢¢¥ or a5swne reswnsibil'ty lo 8nyone other Ihan the charty the chanty
trustees 8$ a W, lor o
audil woth. for IhBroPQrt. or lof Ihe opinions we ha￿ foffl￿d.
8hoolkn Gtrl•h*umarYagnlk (FCCA, ACA, PQDM81
For•nd on b•h•llolSt•rflng Young Ltd
Ch•rt•rnd Ae¢ounl•nts
Su#• 60 231 IA•rton Hlgh 81rn•t
Wknbl•don. London England SW19 IAiI
0*: 311101202$
Yow is elyknkn for •Kpovthwnt as 8￿rtOr o1th8thty ty virlu• oets dgibllty loralp￿￿trO￿ 49 authlor
ola fAry4ry wKler gectif￿ 12 oflhe comp￿ie$Act 2Q

GNANAM FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrn¥trictgd Unrestricled
funds
funds
Total
Total
2024
2023
Income from:
Don8tion$ an¢J legacies
1,110,891
421.500
Expendlture on:
Chairtable activ*i88
(1,090,844)
1499,OS71
N•t IrKrfexpndlturn) for tho year
20,047
177.$571
R•conclllatlon of futh:
Brought forward
121,7501
55,807
C•rrl•d fomard
11,7031
(21,7YJi
The statement of finan¢BI acllvilies include8 41198in8 And los¥e¥ fecognised in the year. All Intt*m¢ and expenditure
denve from continuing actrvilies.
The note8 on page8 1110 16 fomi port of these financial 8tatement3.

GNANAM FOUNDATION
BALANCE SHEET
AS A T31 DECEMBER 2024
Cwr•nt •M•ts
C••h •t b•r* and th Iw¥l
Crndli•rn: •mwnl• fAlllng du•wlthln
OD• y••r
10
1402711
Il•tCUff•nt IlibMlll••V••••ts
11.703)
121.7SO)
N•tlknblMU••yu••ts
(1,7(X3>
121.750)
Fund•
Unrttlrfd•d
(1,703)
121.760)
c4ry4ny l• •rtW lo th• •nmpUon from lh• conWn•d In 477 01 fv Comp•nl•• Ad
2￿, lty th• y•w •rKl•d 31 DO(￿nber 2024, olihough •n •uthl h•• IM•n undw M¢llon 144 of th•
Ch•rflkn 2011.
Thvln*ieoJ K*nvA*dgelhelr reopon8lbluu￿foreU￿PtyIA9 requwemenh olthe Companle•Act 2006t*lth
M8p•a to •c¢ourtkng rncofdi andlho prepirntFon tsffflnandal li*Mmènt8.
tri￿n¢1￿1 #lthleme
•1 c(rnpMle8 r
d In aecoftlancè *lthth• proll￿Oni *pr4l&•W• to¢ampanl•¥ ￿tIo¢t
me.
ft￿1
• w•r• •wty•d ty I
•Mffly P
-10.

GNANAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng polkl•s
Charlty Inform•tlon
Gnanam FoLsndalion is a privale company limiled by guarantee incorporated in England and wales. The
gislered Offi￿ is Floor, Walbrook Buildin9, 195 Mafsh Wall. London E14 SSG.
1.1 Accountlng ¢onvonilon
The finant4al statements havg been prepared in accordancfj wlth charity's goveming documenl. Ihe Compan*8
Ad 20LK, Ihe Financial Reporfing Standard ap￿1¢able in the UK and Republic of Ireland" ITRS 102,1 and the
Chaf*li88 SORP Accounting 8nd R8POrting by Charlig$.' Slalemenl ol RecommeThJed Pracllce apoi¢abl6 10
charilies preparlng their acLounls in ac￿rdanCe with Ihe FinancAal Reporting Slandard applicable in th¢ UK
and Republic ol Irel8NJ IFRS 102} (effective 1 January 20191. The charily B a Publlc een8lil Enlily as defined
by FRS 102.
The financial slalemenls have departed from the Chafilies (Accounts and Reports) Regulalions 2008 onty lo
the exlenl required lo provide a Irue and laif view ThB (Jeparture has involved lollowing Ihe Slalemenl of
Recommended Praelic£ lor charrties applying FRS 102 lather than Ihe veislon ol the Slatemenl ol
RecommerKled Procllce whlch Is relerred lo in th8 Regulalions bul which ha$ Since been wllh¢Jrawn.
The financial statements are prepared in sleiliThJ, which Is Ihe lunditsrml Gurrency oltho charity. Monelary amounls
in these financial slalemenls awe iouThJed lo the n&a(esl £.
The financial slat8m8nl8 have been prepared undef th& hl8lortC81 cost ￿nvenI10￿. The prlndpal accountlng
policlgs adopted are sel out below.
1.2 Golng concern
The company's 8Ctivilig$. logelher wilh IhB faclors likely 10 8ffecl is future developmen1$ wlll be b88ed on Iruslee8'
as$ossrnenl olt1onor compan￿8 fund ralslng plans and fundlng commllmenls Irom the donor compani95. Tfuslees
have reasonable exp8dalion lo conllnuè the charitable act1vil￿5 over the future years, at l&a$l for next 12 months
from Ihe dale ol approval of Ihe financlal ¥latemgnt8,
Hence financlal slalemenls are prepared using Ihe going concern basls of accounbng. Th8 related donor company.
Lycamobile UK Limlled will conllnue lo prowde ils fundlng requiromenl proacbvely and Ihere has been no Indicalion
that fun(16 will not continu8 to be available es réqulred lor lulure ¢h8fltsble aclivilies.
1.3 Ch•rlt•bl• fund•
Unie81rlcted lund8 are available lor use al Ihe discrètlon of Ihe Truslees in furthÈr8n¢¢ ol the1rcharllab￿ objectives,
+11

GNANAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pdlcles
{Continugdl
1.4 Income
All Int))rr￿ is recognized once the company has entillemenl lo the incom8. It is probable that the income will
be re¢ebved and the amount of income re￿Nab￿ Can be rna5ured feliabty.
For19gaci8s, enlillement is taken as the earlier of the date on which either.. Ihe company is aware that probate
has been granted, Ihe estste has been finalized and nolificalson has been made by the executod51 lo the
Trust that 8 di$lribu1￿n will be made. or when a di81fibution ts reeeived fr¢)m the estate. Receipt of a legacy. in
whole or in part, is only cA)nsidered probable when the amount can be mfrasured reliably and the company
has been notified of the exetsjlorfs intent￿n lo make a dtstribulion. legaues have been notif*d lo thfr
¢ompany or th? company is aware of thè granting of probate, and the cnleria for income recognltlon have not
been mel, ihen the legacy is treated as a conlingenl asset and disclosed if maleilal.
In 4c¢ordance with the Chari118s SORP 2019 and FRS 102, the general volunteer tsme of the Friends Is not
recognized in the financial statements.
Donated piofe8810nal 8eNlc*s and donated faali1￿$ are recognized on r8eA8lpl based on the value of the gift
lo the company whlch is Ihe amount the company would have been wrflin9 to pay lo obtain setvKes or
facilili68 of equivalent economic benefit on Ihe open mathel. • t￿rr￿SPondIng ar￿Unt is then recognized In
èxpenditure ir) the p8rK*d ol reL%iPI.
Income tax re¢overabb in relat￿n lo donation8 received under Gift Aid or deed8 of ￿venIn¢ is recognized al
line of the donation.
1.5 Exp?ndlturn
Expendiliife 1$ ￿¢09n1Zed once there 18 a legal or con81ructive obligation lo transfer economlc benefit lo
third party. il is probable thal a transfer of economic ben811ts wlll b8 requiffjd in ¥elllement and the amount ol
the ob1wat￿n can be measufed ieh'abty.
Expendilure is clasSif￿d by activily. The Costs of each gGli¥ily are made up of the total of direct costs and 3har¢d
osls, including 8UPPOrt cos18 involvèd in undert8king ¢ach aGlivily Olrecl c08ts attributable lo 4 singlè 8ctivrty
afe allocaled directly lo Ih8t activity. Shared costs which contribute lo more than onè aclivily and support costs
whlch 4r8 not attrlbul*ble lo a slngle activity are appOrt￿ned behveen thosè a¢livilies on a basis consislenl with
Ihè usè ol resources. Central staff cos18 are allocaled on th& bo$i$ of lIn￿ spent, and depreciat￿￿ ch4rges
alb¢8ted on tho portion of the 48s81$ use.
Support CO818 are those costs incufred directty in support ol expendiluce on the obsects of the cor￿anY and
include project man8g8ment carr￿d oul al HeAdquArtets Governance costs are those incuNed in Gonnection
with adminislralion ol Ihg company and compliance with conslilutionol and slBlulory requirement8.
Charitable activitss
Costs are ￿81$ InGurred on the company's education81 operation$. in¢Juding ¥upport costs and costs relallng
to the govefnanc¥ Oft￿ ccrfnpany apportioned lo Charitab￿ a¢tNrti¢$.
Grants payable are thafged in the year when the offer is made excepl in those ca588 where the offer is
condrtion81, s¥Jch grants bèing le￿nIzed as expenditure when the condllions attaching are fulfilled. Grants
offered sUb￿Ct to coTrJil￿nS which have not bean mel at the year-end are noted as a commitment, but not
accrued as expenditure.
1.0 Cash and ca8h equlvalents
Cash and cash eqtsivalents include cash in hand, deposrts hekj al call wilh bank$, other short-term IK4uid
investments wrth original maturiti'es of three monlhs or less. and bank overdrafts. Bank overdfafts are sh¢)wn
within b¢)rrowing$ in current I'abililkrys.
12-

GNANAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollclo5
(Contlnued
1.7 Flnartlal Instruments
The charity h#5 elected lo apply the provisions of Section 11 '8a$i¢ FinanGial Instruments, and SeCt￿n 12 '0ther
FinaneJ31 Instruments Issu85' of FRS 102 to all of its finanual instruThpnl5.
Financial instruments ale fecognned in the chariv? balance sheet when the charlty becomès paty lo the
conlr8ctual piovisions of Ihe inslrumenl.
Financial assfrts and liabilrties are offset, wllh the nel am¢)unts presenled in the financial slalements. when there
is a legally enforceable right lo set off the recognised amounts and there is an intention to $etUe on a net bas
of lo realise the asset and sell1¢ the liabilrty simullaneousty.
8a8lc fin•n¢1￿ amets
Basic financ￿1 8sse18, which Includè debtors and cash and bank balanc88, are inllialty mèasured •1 Iransacaion
price including transaction costs and are 8ub8equ6nlly caffied at 8morti8ed cost using the effective inlerésl
meth￿1 unles8 the arf8ngement conslitules a financing Iransaclion, where the transaction rn mèasured al the
Pf88enl value of the fulufe reoipts discounted at a market late of inter8s1. Finan¢ial 03sel¥ classilied a8
ro¢oivablè within one yeai are not ar￿rt￿d.
B••lc Iln•nelal Ilablllll•s
Basic fi'nancial liabililles, Induding creditors and bank loans are ini11811y recognlsed al transaction pri¢• unless
the arfangemenl constllules a financing Iransaclion, where the debt inslfumenl is ￿￿8¥yred al the present value
ol the lulufe payments discounted al a market rats of Inteffj$l. Financlal liobilibes cla88ified as payablè wilhln
one year are not amrtlsed.
Debt inslrumnls are sUbsequ￿tIY ¢arr&?d al amortised Cost, U8ing the effective interest fale n*thod.
Trade cfedrtor8 are obligations lo pay lor goods Of seivic89 th81 h8ve beèn a(4uired in the ordinary cour88 of
operaltons from supplters. Amounts payable are classthed a$ current Ilabililles if paymenl is due within OM year
01 less. If not, they are presented a$ non-currenl liabilil*s. Trade Cf6dilors are récogni$ed inilialty al tran8action
piiee and ¥ubsequenlly measurnd gt amorttsed cost U8ing the eff8¢1ive interest I￿thod.
D•re¢ognlllon ollln•ncl•l Ilabllttl
Financial liabilrtiej are dwecognised when the charliY$ ￿ntraCtUal ob1val￿n$ explre or Are di8ch8rged or
¢ancelW.
1.8 T•xatlon
As a regi81ered chanty the Foundalion is exempt from tsx81ion on 118 aclNrtI88 whlch fall wllhin the scopo of
Section 505 of Taxes Act 1988 4nd sedlon 252 01 Ihe Taxation ol char￿able Gains Acl 1992.
1.9 For•lgn exGhang•
Monetary assets and liabilities derbominated in foreign currencies afe translated inlo sterling at the rate of
exGhange ruling al the slalemenl of financl81 po$ilion date. Transad￿n$ in foreign currencies afe recorded at
Ihe rate ruling at the dale of the transaction. All foreign exchange dffteren¢e$ are induded to the income
Statement.
1.10 Cash flow statement
The Trustees have 18ken advantage of the exemption from incIL￿ing a ca8h fflow 8tatem8nt in the financi31
8talerr*nls on the basi8 that the compsny is small.

GNANAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Crltical accoun¢lng estlmales andJudpm•nts
In the applitation of thg Ghanvs accounting poliaes, the Trustees are required lo make1￿Jgement3. estimates
nd assumptions about the carryiThJ amount of assets and IBbili1￿8 that are not readily apparent from other
sources. The estimates and associated assunwltons ofe based on hi51orical experience and olhor factors that
are cons￿ered lo be ￿leVan1. Adual results may differ from these e81imat8s.
The estimates and undertying assumptions are reviewed on an ongoing basls. Revision$ to a¢¢ounts'ng eslimates
are recognised in the period in whth the 881imale is revised whert the re¥￿￿n affects only that per¢od, or in the
period ol the levis￿n and fuluie penods where the revis￿n afle¢ls both curront and future per•)d8.
Incomè froffl don•tlons and l•gaGles
Unre•trlcted
lund$
2024
Unrestrletad
funds
2023
Donation$ 8nd gifts
1,110,891
421,5Cw)
Expondlturn on ¢harft*bl• aGtfvtt
2024
2023
Dlract colts
Gront funding oladivilie8 {8ee note 5}
1.1)J6,142
448,794
Sh•ro of lupport and governanc& co•ts
Support
Govemanc8
31.gy11
52,801
31,373
18,890
1.09),844
499.057
Analy418 by fund
Unreslricled lund$
1,090.844
499,057
14-

GNANAM FOUNDATION
NOTES TO THE FINANCIAL STATEmE￿rs (CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2024
Grants payabl8
Total
2024
Total
2023
Brlllsh Red Cross sOc￿tY
Gnanam Foundalrion (Sri Lanka)
John Taylor
Reio InntilulG and Modw)al Sooioty
Royal Brampton Hospital
Other
5,000
384,￿)2
36,892
10,CM)O
1.003.920
14,500)
6,722
7,500
1.006.142
448.794
Net movemont In fund8
2024
2023
The net movem8nl in is staled aftor ¢harging'.
Fees pay8bl& lo Ihe charrty's audrtor..
fw the 4udil of the charit￿9 finano'al statements
lor gGcounts preparation
8.000
2,000
8.OCKI
2,000
Tru•tg0•
None ol the Trustees lor any per8on8 connected with them) f8¢0ived any remuneration or benefi18 from thè
charity during Ihe yoar. No expen8es were paKI lo the Irusteos in Ihe year under ievlew
Employeej
The averag8 monthty nunknr of employees during the year was..
2024
2023
Numbor
Total
16-

GNANAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Amounts falllng due wlthln one year.
Olher debtrys
30.1)00
30,000
The brought fo￿ard balance for debtors represented donations in advance whKh have been released In th
current year.
10 Crodltord: amounts falllng wlthln one year
2024
2023
A¢¢ruals
40,271
54,100
11 Related party tranuctlon8
Lycamobll• UK Llmltsd
The company re￿IVed unreslrKted donations from the Lycambilè UK Limited amounting lo £l,1)80,89112023-
£391.5001 where Aiadurai SN8samy Premananlh•n 18 diredor who 1$ a180 the trusleeldirector of Gnanam
Foundat￿n, consid8red as related party.
Lycatsl S•rvl¢o¥ Ltd
The compgny received donation8 in kind from Lycatel S¢rvi¢e¥ Limile(l Jmounling to £30.00012023- £30,OCN)I
for year end 31 December 2024 wh8reAiadurai SNa¥amy Premananlhan is director and is also a trusteeldlrector
of Gnanam Foundation.
Gnamm Foundatlon18rl Lanka
During Ihe period Gnanam Foundat¢on proV￿ad general grants to Gn8n8m Foundatson IRegi81ered Charity in Sri
Lanka) amounts'ng lo £1,003.920 12023 . £384,902), wnsldered as related party by virtue of the 8plrlt of the
company.
12 Audltor Llablllty Llmltatlon
The conwany has enlered inlo a li8bllity limitat￿n 8greemenl with Sterling Young Ltd, the slalulory auditor, in
respect of the slalulory audit foi the perioJ ended 31 Deagmber 2024. The proport¢onale liability agreement
follows the 81andard terms in Appendix B lo Ihg Financial Reporting Counul's June 2LN)8 Guhlance on Audrtor
Llabilily Agfeemènls, and wo¥ approved by Ihg sh8reholder on 15 August 2025.
16-