2025-03-31-accounts

Do¢￿Sign Envelope10'. 6E781876-8D3543CB-87FF-OB97C43E559A Company registration number.. 9483822 Charity registration number= I I60948 Foundation for Future London (A Company limited by guarantee) Consolida￿d Annual Report and Finiu)cial Statemertls ror the Year Ended 31 March 2025 AEIIJJ2F 2317212025 COMPANIES HOUSE A08

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Lucrafi Hodgson & Dawes LLP Ground Floor 19 New Road Brighton East Sussex BNI IUF

Docu$ign Envelop• ID: 6E781876-8D3S43c￿7FFl18slc43£ss9A Foundatlon for Future London Contents Reference and Administrative Details I to2 Co-chairs. Reporl 3to12 Tru51ecs' RC￿)rt 13ts) 15 Stalemenl of Trustees. Responsibilities 16 Lndcpendcni Auditors. R¢port l71020 Consolidai¢d Siaiem¢nt of Financial Activities 21 Consolidaitd Balanee Sheet 22 Balance Sheei 23 Consolidated Swemeni of Cash Flows 24 Staiemcni ofcash Flows 25 Noles lo ihe Financial Statements 261047 Prior Period SOFA 47

Docusign Envelopt10.' 6E761876.8D35.43C&87FF.0897C43E5S9A Foundatlon for Futtire London Reference and Administrative Details Patron H]iH Princess Royal Trustees Mr Joseph Lyons Ms Sarah Lo¢khart Mr Andrew Adcdipe Baroness Lola Young Sir David Bell M5 tnUi5c Jcffrtys Miss Charlottc Thom50n Miss Amy Shepherd (resi￿ed 31 January 2025) Ms Umm¢ Halima Khanom Mi55 Sophi¢ Bca81¢5 Miss Lauren Tamzin Lee (appointed 2 November 2024) Mr Abdul Hussain (appointed 2 November 2024) Ms Anne Marie Mullins (appointed 2 December 2024) Mr Vaibhav Negi {appoinled I l November 2024) Mrs Clara Mari& Solmi (appointed 2 December 2024) Si*ff Team Sarah Nelson. CEO Alice Devi¢t. Dir¢cior of Fun(traising and Business Dcvelopmenl Guy Ka55on80, H¢ad of Fin￿)¢¢ A5hion Mullins, Grants and Programmcs Mana8¢r Amy Zamorripa Solis, Communications Manager Rosy Awival, Govern&nce and Events Manage Adam Jay< TNsls and Foundations Manag¢r Printipal Offite 14 East Bay Lane Queen Eli7alKth Puk LLJndon E20 3BS The charity is illCOTpor&ed in England and Wales. Page I

Docusign Envelope ID 6E781876-8D3543C8-87FF-OB97C43E559A FoundatlOD for Future London Reference and Adminlstrative Details Company Registration Number 9483822 Charity Registration Nurnber 1160948 Solicitors Russel Cooke Pulney Hill Putney London SW15 6AB Bankers C.Hoar¢3 & Co 37 Fleet Street London EC4P 4DQ Audltor Lu¢raft Hod850n & Dawes LLP Ground Floor 19 New Road Brighton East Sussex BNI IL Page 2

Docusign Envelope ID 6E781876-8D3543CB-87FF-DB97C43E559A Foundation for Future London Co-Chair5' Report Sir Dxvid Bell and Baroness Lola YounE• Co-chairs The Foundation for Future London has celebrated another exemplary y&4r from 2024 to 2025. We WCTC plcascd to see so many fruitful and authentic collaborations and relalionships with local communitie5 and partners through our various programmes across the East London boroughs ol Hackney. Ncwham, Tower Hamlets, and Waltham Forest, 8s well as across the UK. In Junc 2024, wc ivcrc honourcd to welcome our patron Her Royal Highness The Royal Princcss to Thc Talcnt House, Straiford io launch the second y2ar of our UK-wide youih progTammc, Culturc Exchange, ¢o-funded by our partner Westfield Stratford City through our WcsifKld Ea51 Bank CT¢alive Futures Fw]d. What a thrilling day for all thc young pcoplc involved in the Culture Exchange pilot ptO8ramme, as well as artists, staff and voluntcers from our fiindcd organisations based ai The Talent House. E&st London Dance and UD, plus othcr cotnmunity partT]ers. The second yeat of the Culture Exchangc programmc was dclivcrcd from June to October 2024 in Bradford, Nottin8h2m and East London. again to Stunning and impact￿] Tesulis for marEinalised young people's livcs. Another highlight W&4 watching the growth of our ncw Community AJJ)b&ssidor programme. This neiv programme invites a wide [l￿ge of vRluc-driven individuals who we passionate about our E&st London communitics to support and clBvatc our ivork In Seplember 2024, Tiiva King w&s appointed as the fir51 Community Ambassador io lead the piogramme. Tiwa is an inlernalionally known singer, wellbeing ¢onsultani, two-time TEDX speaker. hDSt. BBC radio contribulor, auihor. award-winDing socia] ¢nlrepTeneur and Founder and CEO of Beyond a Song CIC. ThrDugh hcr Icadership. she has helped us recruit Jazal Babar in December 2024 and Communicaltons professional Katie Balcombe in March 2025. We have bcen impressed by the Continu￿ way in which our community-focuscd pro8rarnm￿, grant schcmes and capaciry building oppDrtunilies respDnd to local needs and challenges. wheih¢r ihat's through the evolution of our ward-winning Westfield E￿i Bank cr￿lIve Fulures Fund lo campaigns on saf¢T spaces, care leavers and young pcople. CEO'S Welcome SA Tah Nelson Since taking on the permanent CEO role in April 2024. Ihc foundalion foT Fulure Lortdon leam and ihe Board of Trustees have noi only been implcmenting our fivc-ycar sirnlcgy lor 2(124-2029, but Also building on new and existing partncrship5. Forging exciling new collaboraiions and continuing lo deliver our flagship We51field East Bank Creative Futures Fund programme. Alongside ihis. wc havc dcvelopcd an ambitious new portfolio of proorammes. We were also proud to be recognised for our work. b¢coJning both a runn¢T-up and la(er a gold winner in scveral industry award5 for our flagship collaknraiion wilh Wesifield SIFatford City. Highlights ovcr thc past ycu includc cxpanding our Empoiyeiing Safer Spaces campaign, ensuring that the ¢Otnmunitics ivc scrv¥ shape what safei space5 mean to them. Ive have also evolved our capacity building programme to go beyond training delivery. creating meaningful opportunitics for rollaboration and ncw platfonns for grassroots organi5alions to I￿1Ve. We ii'ere d¢lightcd to launch our Community Arnbassador Programme with Lead Amb&ssador Tiwa King, later velcoming tsvo additional ambagsadors lo help shape the nexi geneTation of leaders and support the Foundation in evolving its Strategy and programmes. The Board has been strengthened by the appoinlment of five new truslecs. wh05¢ insighi and guidancc are already helping to drive our strategy and deepen paJtner5hips. Our growing profile hu a150 Ird to invitations to present at key scctor confcrcnccs, including thc Covcntry Youth Confcrcncc. Ihc Buckingh&rnshire Arts and Cultural Conference and the Univcrsity of East Lotthn's new Creative Industries Fesiival, Ivhere we have gone on to become a corc 5UPPOrtcr. Pagc 3

Docu8iGn Envelope ID-. 6E78187&803543C8.87FF.0897C43ESS9A A particular hi8hliEht of the year was the honour of welcoming our Patron. HRH The Princess Royal, who visiied io learn more about our cultiir21 exchange programme and io officially law)ch it5 second year. Like many charities, 2024 has brought challenges. However. the Foundation has remained resilient and optimistic. with a CIC￿ focus on stratcgic fundraising and partr]ership development, work ive will continue to prioriti5e throughout 2025, 2026 and beyond. 2024-25 Hishlights WE8CFF laun¢hes Year 5 community 8rant scheFne and awards £210k to 15 Gommunity or8ani8alion5 and individuats, with a total of£2,144,482 awarded lo 185 cornmunity or8anisation5 through th¢ Westfield Easi Bank Creative Futurcs Fund. 55 OTganisaiion$ received capacity-building ￿an1$ during 2024.25. 50 young pec)ple gained paid work experience chrough ihe CulNral Exchange, Y¢gr I programme. • 81 /ts of p)rticip&)is reported dcvelopin8 teehni¢al and se¢ior-spe¢ifi¢ employment skills. ,070 pani¢ipants received capacily building training and support Key ihoughi leadership pieceg in national press, 1.25 million audiencc reach Launched and 5uccessFully delivered OLLr flrst participatory community grant-giving pan¢1, including iTaining and fair payment for panel members. . Prescnled al thc Coventry Youth Confercncc. Buckl[￿h￿rnshire Arts & Culture Conference, and UEL Crealive Industrics Fcstival. Introduced thE Found&lion's Community Ambassador Programm¢. wrlcomin8 Tiwa Kin8 (Lead), Jazal Babar and Kalie Balcombc (Communirations Lcad) Hosied a celebratory event and launched the second Cultural Exchan8c Programme, attended by HRH The Princess Royal. . Culiur¢ Ex¢han8¢ Year 2 (Jun¢-O¢iober 2024) in Biadfoid, Nottingh&m, East London Delivered iwo high-impa¢t workshops and thoughi-leadership events, advancing our Safer SpaG¢ campaign. Built new siralegic partnerships, including with the GLA oJ)d UEL. ke¢ruiied five new trustees and appointed a fvll-iime Governant£ & Events Manager. Achieved recognition as Runner*UP al the Third Sector Charity Awards in the Mid-Term Partnership ¢ai¢gory. Won Gold at the Corporate Engagement Awards for Best Arls & Culwre Progr￿nMe. Sponsor for"Cr¢ai¢ and Thrive AW￿d, for 2024 Ncwham Civic AW￿d$ in association with Berkley Impaci produced Funded 2024 Great Get Together in the Queen Elizabeih Olympic Park PROGRAMME: Wt5tfield East Bank Cr¢4tiv¢ Futures Fund Throughout 2024.25, we conlinued progressing loi¥ards the final yeBr of the fiv¢-y¢ar W¢51fi¢ld E95t Bamk Creative Futures Fund (WEBCFF). The impact of Ihc pro8ramm¢ is b¢coming ever more visible, M'iih iangible social chang¢ evident across the communilies w¢ 5crve. Non¢ of Ihis would be possible without the exlraordinotry generosity of Westfield Straiford City, whose £10 million donalion has powered well ov¢r 19,000 new jobs. leaming, Iraining and educational opporNnili¢s thal Ihe pro8roJnme is committ¢d lo. I'h¢se opportunilies have been unlocked Ihrou8h the Iransformaiive poiver of art, culiure. innovation and creAlive placemaking. Ai ifs heth, the pro8Tamme remains rooted IA tht vibrant and diverie people, grassroots orgartisations, social enlerprises. and communilies of Neivham, Toiver Hamlets, Hackney and Ivaltham Forc5t. As WEBCFF h& groivn. il also expanded its reach through ncw slralcgic prioTitIC5 and partncrships, including collaboraiion5 with Newham Spark5, the British Council, the Greaier Lotmlon Authority (GLA) and others. These relaiionships are increa5Lngly interivoven iviih our campaigns. slrengthening both delivery and long-term impact. Crucially. the WEBCFF programme continue5 lo evolve in direct respDn5C to consultation and fccdback from granieGS. Stakcholdcrs and communitics. While rnainlaining its corc Strands and Project activities a￿0 ensuring Ihal all kcy targcts ivcrc con5iStcntly mct, 2024 also saw neil. and ambititrU5 initiatives. Among these were a highly successful UK Culture Fx¢h3nge pro8Tamme and lh¢ launch of a Safer Space cAmpAign, both of which ivill 8fOIV fvrfh¢r in Y¢ar 5 and dre expe¢ted to 8enerat¢ impa¢ts w¢ll Ixyond the life of WEBCFF. Page 4

Dotusign Envelape ID. 6E781B7UD3543CB47FF41897C43E559A Th¢ FuThd ¢onlinues to deliver impact through six interwnne¢led strands: . Comm)Jnity Strands (Small, Medium, Lar8e Grants) - delivered with the ¢ommunity grants panel . East Bank Pannership CollaboTative Employment Strand Capital & Capacity Building Training and Funding Strand UK Culture Exchan8e EDI, Suslainabiliry and Addiiionality Impa¢1 Evalualion and Monitoring Impa¢t in 2024-25 The ivide-ranging aeiivity across these 9tr8nds delivered Si￿11r1cant ou¢comes this year: 2.568 Icarning opportuniltC5 providcd 676 employThthl OPPOrfunities achieved . 1.860 young peA)ple engaged in Ihe programmc 525 entrepreneurial opportunitie5 creatEd 39Y• of participants irnproved their etnployability 690/0 Teported incieased sell-confidence and belief in their potential 26Yo feli empowered io innoyate or start their own busincss PROGRAMME: Empow¢ring Safer Spaces Campaign In 2024. we launch￿ a n¢w ￿paIgn to ¢xplor¢ what 'saf¢r spa¢¢s' mean lo young peopl4 under-resour¢ed and marginalised communittes across East London. Wc bcgan by mapping the ¢xisting provision of safe spac¢s in local borough5 through a Fr¢¢dom of Infomation (FOI) requesi io London borough Gouncils. This resear¢h then inlomied a tailored community consulialion, designed lo undcrsiand people'5 views on what a saf¢ space mearts lo ih¢m and what they ii'ani from it. Recognising ihe imp(prtanee of amplifying young people's voices, we developed a bespoke lamguage workshop that fed inio a wider consumer survey and a deep-dive pancl event. The programme has been shaped from the ground up, guided by a bortom-up approach with Ihe lon8-l¢nn ambition of driving tornmunity-led change. At ils heart is the creatiort of suslairtable networks across Easl London, built on principles of co4esign. ¢apacity building and collaborative development. As the programme has tvolved, it has been underpinned by a mulii-seelor partnership of siatuiory, charitable, gras5rools and commercial stakcholder5 working on issucs of 3afcty and 5afcr spaccs. Togciher. Ihey have shared learningi emrA)ivered communities and built uncxpccted collaborations. 'ro daic. Ihe programmc has becn SUPPDrted by partners including Westfield SITaifoTd City. Ihe M￿ropOlitan Police and Public Healih departmenls, oiganisaiions that often ivork on safety bui use differcni language and framelvorks. By breaking down these silos, we are keeping conversations alive. strengihening trusl and ensuring communilic5 arc mcanin8tully involvcd at Cvcry 5ta8C, PROGRAMME: Communil) AmbA5sadors 'rhis year, w¢ pmudly launthcd our ngiy Community Ambassador Pro8ramm¢, designed io nurtur¢ fijlure Itad¢rs with lived experience and deep connections lo their local areas. The programme empowers residenls lo become a8¢Dls of Ch￿8¢ in thc ￿MmUnItIeS (hey know best. Our ambassadors ar¢ volunteers from across the boroughs we serve and are 5elecled J)ol onl). for iheir skills and experfi$¢, but above all for their p&8sion to share the Foundation's vision of driving equitablc oppornini(ies and fair T¢gener31ion across East London. To help shape the programme from the very be8innin8, we appointed a Lead Community Ambassador, someone who could work olon8side the Foundation tearn lo rcGruil gnd support fvture ambassadors. We ivere deli8hted tts amnovn¢e ihai award-winning singcr enlrepr¢neur Tiwa King b¢¢ame our first Lead Community AMb￿adOr this yrar. Page 5

Docusign Ellvelope10.. 6E781876-8D3543CB-87FF-0897C43E559A Community Ambassadors rcpr¢s¢nl th¢ faG¢ of th¢ Foundation's work thTou£h advocacy. representation and championing our mission. But this is also a two-way commitment.. just as ambassadors champion the Foundation, ve champion them. We are dedicat¢d to recognising and amplifying their skills, knowl¢dge and liv¢d experience, 8howGasing them lo our networks, pgrtn¢rs and audi¢nGcs ut hish-profil¢ ¢Y¢nls. W¢ also provide t14yning, development and networking oppOr￿nities, as well as f￿r financial recognition for their time, expcrtise expenses. PROGIL4MME: Capacity Building Our Capacity Buildin8 Pro8rpmmc Gonlinues to providc the foundation for growth and sustainability for current, P&81 and fviure parti¢ipant$. IL has grown from strength lo strenglh, offering a wide range of skills development and training OPPOrtunilies, while also crcalin8 spaces lo connect with like-mind¢d people, forni new partnerships and spark collaboration5. Our n¢twork and plaiforni-raisin8 offer acts as a portal for sharing information, best practices, collaboration opportunities and one.lo.one guidance and ha5 grown by 18.20/0. Notably, 800/0 of ihose supported id¢nlify as coming from underrepresented background5, rcflecling our commitment to equity and inclusion. The iraining delivered ihrough the programme has focused ort practical and impaciful are￿, including.. Writing successfjJl funding applications One-page impact reporting maglercla5$ Dtfining tnission. vision & values Westfield Eust Bank Crtaliv¢ Fvlures Fund appli¢alion feedback Branding strategies Logo design masterclass So¢iHI media strategy Making freelancing work Project risk assessment besl practice Bid and proposal writing, strategy planning & policy PROGRAMME: Culture Exchange The UK Culrure Exchange was developed as an innovative nationwide arts and cultural exchange programm¢. Its purpose is to connect young people, cultural and innovation organisations cotnmunilics in East London with Ihoye in other UK citics, Using Grealivc and inclusive pla¢emakin8 as both a learrting tool and a driver of leadership and Gh&ngem8king skills. The firsi pilot concluded in 2024 and brought together East London young people with those in Preston, Shcffield, and Birmingham. It noi only gave young people valuable cxpcriencc, skills and pathways into training and ¢mploymcnl, bul also slr¢nglhcn¢d th¢ grassroo15 or8Pll15alions that SUPPOrted th¢ d¢liv¢ry. 'fhes¢ organisalions reported significant benefits, includin8 increased confidence, expertise and recognition, helping to build their long-ierm susiainabilily. The pilot demonstrated re￿ impact.. raising aspirations, il gave young p¢oplc a platform to share the richncss of Ea51 London'5 cultures with pc¢rs from other cilics. It showed how cultural exchang¢ can help ¢rcalc a more level playin8 fi¢ld aGr05s th¢ UK. Key findings from the pilol in¢lude'. 50 young people accessed paid work experien¢¢ ai London Living Wag¢. 27 particip¥nts received Applg iPads, ensurin£ digital inclusion throughout the programme. 8 grmssrools or8anisalions fi￿ded lo teach on the programme, supporting organisational development and sustainabilily. I DOi/>¢ of participants came from working-class ba¢k8rounds. 90Q/o of participants identified as from Black, Asian, or minority ethnic backgrounds. 800/0 of participants faced significant barriers to wellbeing, including financial insecurity, care eyperiellce, criminal justice involvement, caring responsibilities or young parenthood. Each participant received an average of 2.5 hours of tailored weekly mentoring over 30 weeks, designed around their individual needs and ￿pirations. Page 6

Docusign Envelape ID. 8E78187&8D3543CU7FF-OB97C43E559A • 3 young people r¢lumed to fvrther educalion and I proyessed to university. 5 secured new, sustainabl¢ employmeni, while oihers ar¢ pursuing creaiiv¢ development. 17 young peopl¢ re¢eived £ I,01)O etsmmunity projeci granis, SUPPOrfing personal and creative growth. I OO•/o of parti¢ipanls gained paid work experience. alongside essential employability skills such as CV writing, interview preparation, and Communi￿10Th. I OOO/o of participants raised iheir future aspiraiions, and 95•A said ihe programme built their ¢onfiden¢¢ in their own pocent1￿. 90Yty felt better equipped 10 manage ditTi¢ult emolions. The success of the pilot WLS celebTaled in the sprinE of2024 at an inspiring showcase event at Plexal, Here East, attcndcd by participants, 5takcholdcrs and local paJlncT5. Wc M'crc ihcn thrilled to launch the Second exchange in June 2024, wilh our Pairort Her Royal Highness The Princess Royal as the Euesl of honour. who awarded p￿t participants with Alumni Cerlifjcates of Achievemenl. LOOKING FORWARD The Year Ahead Throughout 2024-25, Ihe Foundalion has undergone than8es and strategic shifts. have built a strong programme of work that complements our granl-giving, Ivhile for8ing n¢w and meaning￿] partncrships acroys E￿t London, wider London and cilies acros5 the UK. In 2025-26. w¢ will ¢ontinue to strengthen this approach, while also revisiting and refining our strai¢gy. Through WnSul￿10ft and reyiew, we M'ill ensure that our vision remains at the heart of everything we do. As part of this slral¢8ic rcview. we will r¢flecl on th¢ impacl a¢￿'¢Y￿ over the past four years, ¢elebrating what has been aGcomplished in payln¢rship iviih grassroots or8￿1$all0￿S, individuals, ¢ommunities, key partners, and 51¥J(¢holders. Ai th¢ s￿ne tim4 w¢ will conlinue icp ￿nsul1 ivid¢ly. ensurin8 our snission r¢mains r¢l¢vanl, our practices remain robust artd our efforts create ihe gTeatesi impact where li is moii needed. These insights will directly shape our fjjture programmes and fvndraising priorilies. We arc mindful of the ongoing challenges in the Mndrabsing l￿dS¢&￿. Siill, we Temain resolut¢ in our ¢ommilmenl to workin8 alon8sid¢ wmmuniiies aDd stskehold¢rs ihTough ¢rue eo-design and participaiory pra¢ti¢e. In 2025-26, this Ivill in¢lud¢ a fts¢us on k¢y priorilies idenlified over the past year, such as supporting care leavers and those with cart expeTience, $trenohenin8 our lobbyin8 and advocacy work, ekpanding safer spaccs initiatives and growing our Communiry Amb￿sadOr schcmc. Wc look forW￿d Eo &dvanGiiig this work wilh partncrs including UEL, Ihe GLA, and a range of UK-wide organi5ations tliat Share our values. W¢ ar¢ also eAcited to see th¢ culwninotion of the Iifth and final year olihe Wesifield East Bank Cieaiive Future5 Fund, which will place particular emph&sis on saler spaces. Underp1(￿ed by CDll&borative. cros5-sector partnerships, OUR FINANCES 2024-2025 Overvie This year we ¢onlinued lo ivork on our fvndraising plans lo achi¢vc lon8-¢erm financial sustainability by developing our fundraising for in¢om¢ groivth, whil¢ keeping ¢xp¢ndilure under ronlrol and reviewing the charity's operational resource Tequiremenls, io ensure we eontinue io mainiain required levels of reserves for the furtherance of the Foundation's charitable objecis. The neiv Foundation's tT systems ihal were migrated 5ucce5sfiJlly onto Microsoft 365 E3 in ihe previous year wilh a neiv uniqtse ienanl ID have alloived more efficient operations across Ihc organisation. Our budgets, forecasis and plans integrate the challenges of the general fiuiding environment. Page 7

Docusign Envelope ID. 6E781876-8D3543C8-87FF-OB97C43E559A Financial Review In year 2024125, our total operating ￿ndS amounted to £1.482.005 (2023124= £1,313,385), with £2,206,033 held in cash and short-tcrtn invcstfflents at thc cnd of the yeaT. Our investment income was £91,482 from bank intereston short lerm dcposits duTing the ycar (2023124.. £52,435). Our oveiall income was £1,451,219 compared to 2023124 at £2.554230. TottLI expenditure was £1,282,598 (2023124: £2.604.865) a dccrcasc ol £1.322,267. This decrease i¥as largely driven by the grants awards iyc committed to Westfields Creative Funds and City of London proorammes. Our cost of charitablc octivitics rtmained our priority With the economic situation whi15t wc further invcsted in Fund raising. The cost of raising ￿ndS includes our fundraising costs foT consultants and stsff time. WHO WE ARE Foundation for Future LDndon 15 an indcpendcnt charity dedicaled to building CA)mmunity equity and etnpoiverment through arts, culture, heritage. S￿rI PAnd thc cnvironmcnt. Wc see these as powerful catalysts for equitable regeneration, primarily across the Ea51 London boroughs of Hackney. Newham. Tower Hamlets and Ivaltham Forest, with a growing foBu5 on widcr E￿1 London. London and beyond. London is one of the tnosi unequal ciries in the UK. and E&81 LA)ndon reflecls somc of the stsrkest chullenges. Eas( Londoneis eam less, have fewer qualifications, fBce hI￿er uncmploymenl. live in poorcr housing conditions, and cxpcriencc worsc hcalth outcomes than other I￿ndone[S Tower Hamlels and Hackney are thc two most deprivcd boroughs in London, Ivith Towcr Hamlets ranked as the mosi deprived in the country. In Ncwham-wherc a third of rc5idcnts undcT 25 and over 70 /D are from Black. Asilln and eihnically divcrsc backgrounds-rapid Gh8ngc can ereatc both opportunity and frar. I'ogctber. residents speak move ihan 104 lan£uagcs, demonstrating the cxtra(Trrdinary riBhncss and divcr5ity olthc arca. Our ncw fiyc-ycar stratrgy, lautiched in early 2024. drives a holistic appioach centred on proBrammc dclivcry and granl-giving. underpinned by clpacity building. community leadership, peer cxchangc. safer spH¢es. grassroots programming, 5liategi¢ inve5tmeni. advocacy and tM)licy changc. This approach is Vltal to lll¢klin8 in¢qualiti¢s and unlocking opportunitie5 for local people and places io ihrive At thc hcart of our mis5iDn 15 a uniquc par1nership fflodel, rooled in genuine co-design and participatory practicc. We listen to and amplify local voices while connectin£ communilic5 Ivith in5titution5 alld stakeholders, frorn grassroois organisation5 to statutory partner5. Our commilmcnt to div¢Fsity and inclusivity is ihe bedrock of resilient, flourishing commiinitiE5. By empowering unders¢rvcd groups M'iih resources and opportunities, we help unlock l¢adcrship, improve health wellbeing, and enable rA)mffiunily ownership of &ssets. East London. home lo mole ihan tw'o million people. is rich wilh creativity. rcsilicnce and poccntial. To date, Ivc have partnered with over 500 Eras5root5 organisalions. supporting thc creation of more than 35.000 trdinin employmcnt, youth and cntrcprencurial opportunitiC5. Ow user-ccnlred iheory of change guides and me&8Lires the impact of our ivork, cnsuring that coinmunilics remain at the h¢aTi oleY¢ryihing we do. Thc ch8llenge5 we faGe &TC not uniquc to London. Cities across ihe UK, including Bimiingham, Nottingham and Sheffield, experience many OF Ihe Same inequalilies and barriers. That is why wc arc cxtcnding our modcl nationally. Ivorking with like-mindcd organisations io sharc knoiylrdgc. align best pra¢ti¢e and amplify ¢olle¢live impact. Togcthcr, Ivc 8Jc Gommittrd lo driving sy5tcmic changc. l) Our Vision Throu￿ our croSs-borou￿ working 8JJd uniquc investment and eDgagemeni model, we ivant to see our East London communitic% empoivcred to become Fesilieni andthrivin& dei'eloping prosperous and sustainable creative and social cconotnics. This ivill bc aGhicYed through access to equilable oppoilvnities and Fair regeneration thToughout East London iviih dynamic and lifeknEinE possibilities. Page 8

Docusign Envelope ID". 6E781876-803543C&87FF-OB97C43ES59A 2) Our Model and Theory of ChAnge As a small tcam, it can bc casy to focus on day-to-day otmtions. At ihe Foundation, we ensure we don't, and we never lose sight of our mission. Our approach is inclusive. accessible. agile. and collaborativc, dcsigncd to support economic development. local employment. and the creation of inclusive pl¥ces and communities. Ai ils core, we arc committcd to strcngihcning partnerships with local organisaiions, tommunities, and stakeholders, while championing equality, inclusion, sustainable developfflent. and enviTonmental responsibility. A commitment to ¢o-d¢sign aJ)d participatory approaches Funs through everything we do. Ive don't just focus on large. impressive KPIS that may nol Irdnslale Io Tcal impact. Inslcad. wc usc our user- entred theory of changc, co-de5igned wilh communilic5. local peoplc, and partners. This is underpinned by a strong Impact Framework that not only sets out the change ive want to makc but also tracks ihc stcps involved in achieving it. Our Impact Framework captures all inputs and oulcomes. pioviding evidcncc of the short- medium- , and long-terni impact we are making together with our r4)mmunilics and partn¢rs. This model ciiablcs the Foundation ￿ deliver a unique approach to community investment, ensuring our involvetnent goes beyoJJd the ba51C transaciion of project funding. Inslead, it fosters longer-term networks and rclationships. Our engagemtnt cA)nnecLS 14.ith auihenlic voices and ensures access io ivrap-around and sustained support, parti¢ularly for under-re50urced commwiities. We put this into pracrice through flexible application and grant managemenl processes. alon8side a transparent. communiry-led participatory grant-giving panel. Our widcr programmc5 arc built frorn the bottom up, informed by consistent feedb&ck and intelligcnce from communitiC5 and gT&%siools or8anisotions. In particular, our aJT]bassador and capa¢ity-buildin8 pro8ramines pioi'ide skills. Irainin& and platforming opportunitics that dirccily strengthen our social impact. 3) EquAlity, Diversity & Inclusion and SustAin)IbilAty Equity, diveryity and inclusion (EDI) underpin all ihc Foundation's grant-making and programrtle aclivilies. Every programme we deliver is designcd to reach a ividc 5pcclrum ol bcn¢ficiari¢5 and GQTnmunities. reflecling diversily across demographics. eihnicity. age. lived experience and need. Our participatory. co-designcd approach cnsures that underrepresented voices are at the centre of decision-making. whilc our wraparound support reduces barriers so that grassroots and marginali5ed group5 can accs5S OP1K)rtuniti￿. Our EDI commilm¢nts aJe embedded across our wider strategy and valuej, ensuring that inclusion and lairne55 of opportunity are not only principles. bul praclices ihat shape how ive ivork. This is rcinforced by our pledgc to se¢ur¢ the 'Trusted Siandatd, matk for good governance and EDI by 2029. our comtnunity aTnbassador programme that elevalE5 authentic voices, and our expanding grdnl-8iviy)g pancls ihat r¢flcGI rhc rommuniti¢s w¢ serve. Our mission lo drivc 5U5tainablB and inElusivc dcvclopmcnl in Easi London is diTe¢ily aligned with the United Nations Susi&inable Developmeni Goals (SDGS) and intcrnalional good practicc. In particular, our work contributes to.. SDG 4 Quality Education.. Ensuring inclu51V¢. Wllltable and high-qi)8lity r.Aiir.alinn W￿.]e. promotins lifelon learning opportunities for all SDG 8 - Decent Work and Economic Growth.. Supporting inclusiv< susiainable economic groivth and creating pathways to employment 3nd decent work for all. e5peGially Ihose underiepresentcd in the labour market SDG 10 - Reduced Inequalitie5'. Tackling inequaiilies iyithin and betivcen communitiC5 by addrc55ing structural barricrs and cliampioning cquity in acccs5 to funding. skills. and opportuniti SDG I I Su51ainablc Inclu5i¥c Cilies-. Contributing lo cilics and wmmunitics that arc inrlusive, safe, resilient and sustainable ihrough equitable retyeneration and placemaking Through this inlegraled approach. we ¢llSUT¢ that EDI is nol a separale slTand but the golden thread running Ihrough our straiegy, shaping homp we invesi. how we partner. and h￿¥ ive empower East London communities to thrive. Page 9

Docusign Envelope ID. 6E781876-8D3S43c￿8?FF-OB97c43Ess9A 4) Our Values & Investmebt Prin¢ipl¢s Values.. Inclusive • Collaborative Trusted Authentic Investment Prin¢iples'. Enviionmertial Sustainabilily Fairnc5s of Opportunity Economic Inclusivity ￿ld Suslainability Inclusion. Diversiry and Equaliry 5) Investment And Fundraislmg Thc foundation for Fulurc London conlinued in 115 role as a fundraiser and inycslor in our communiticy L￿d thcir income-generating Capacity. We have four priority Inc￿Me streams-. trusts and foundations,. corporate partnerships. 51atutory, including thc Lollery and thc GLA- and major iThlividuals o(fering the ￿SsibIlity of highcr-levcl 8ifts. Our fiJndraising p¥rtncr5hip wilh Wc51field Straiford City focused on d¢liverin8 ¢04esigned community and capacity-building pro8rammes. All other fundraising falls under ihe aegis of New Business Development as we reach out lo and monelise exisling and neiv relalionships. We have developed particul￿ expertise in fijndraising with partners such as UEL. We are developing a new partnership with ihe GLA to fi1ndrai￿ for Ihe Transailanlic Slavery Memorial.. The Wak¢, whi¢h will offer particularly $lron8 OPPOrtunili¢s foT tOTP)rat¢, individual and trust and foundation partn¢r$hips. Sirong partnerships across mk)ny sectOT$ underpin our fuThJraising approach, and we have begun developing a range of pro￿arnMe9, including Empoivering Safer Spaces, Care Experienced, Cultural Ex'change, Creative FuNres and Civics programmes across London arbd ihe UK. Our relationship fvndraising builds on the strengths of OUT neiworks, ideas, impac¢ dala. community SIOFies and repu(aiion as we continue lo seek funds for community inveslment. We tniliated partrtership conversalions about how we ean eftsure Social invesiment ig more inclusive artd focused on Ihc communicics that are traditionally mosl cxcludcd. with a p05siblc partnership in Barking Dagcnhpm. Through early 2025, we ivorkcd ioward5 introducing care exrKrienctd co-crcalion Event5 that ivill lead to powcrful proposals locusin8 on adVoC￿Y and d¢di¢aicd Cvliural Exchange projects, %vhth a focus on Swutory. trust and foundation sources. A focus on sp¢cific underscrved groups has broadened Funding opportunities. Ve will continuc to act as a fundraising instigator. capacity builder and connectDr for all Sectors, from statutory scrviccs. including Public Flcalth, Climate Aclion and Ncwham Data. to a rangc ot propcrty developers dcveloping ncu, brownfi¢ld sites acro55 Ncivham. Our partncrship wilh UEL is leading toward5 joint 2025 applicalions for inclusive research fiJnder$, includin8 UKR as well as Green Skills, Cr¢a¢iv¢ Futures and inGlusiY¢ Al projeGIS, 6) Governan¢e Good govern8nce underpins the foundation's work, ensuring accouniability, IranspaTencyJ and effective delivery of our mission. In 2024, thi5 Iva8 fvrihcr sir¢ngihened ihrough the appoinlmelll of a dedicated Governance and Events Manager. Our gov¢manGe framework is regularly reviewed io ensure Wplicies remain fit for purpose, aligned with our values and principles, ¢omplian( with changing legislaiion, aJ)d responsive io d¢velopmenis in equity, diversity and inclusion (EDL). Each policy has a designmed stsff lead to ensure accountability. Page 10

Docusign Envelope ID". 6E781876-8D35-43C8-87FF-0897C43E559A Our five-year Strategic Plan is underpinned by a rolling 12-to 18-month Operational Plon and a dynamic tusk Register, both of ivhich are actively monitorcd and rcgularly refreshed. Additionally, we continue lo strengthen B0￿d Icadership through trustee development and besi pradices in governance. Key Activities in 2024.. Undertook a tTUSt¢e skills audit, supporting succession planning and thc induclion of ncw Iruslccs Delivered a Tnjstee A way Day to review slratcgy and cxplore futhrc diTeciior) Rcviewcd and updatcd thc Articlcs of Association. ensuring ihey TeAnain fit for purpose and arc registered with Comp8lliC5 Housc Refreshed the Risk Register, now including clcar policy rcvicw cyclcs Proi'idcd safcguardin8 training for the CEO. r¢infor¢Èng leadevship responsibilities Establishcd ncw Boud committees, each thaiied by a truslee". a) Finance, Audit & Risk b) PR & Communications c) Fundraising & Dcvclopmcnt Subscribed to a new FIR support provider. thcing or8ani5alional rcsiliencc &nd compliance_ Ve remain committed to aligning with thc Charity Govcrnamcc Codc and TcI¢vaDi Charity Commission suidance 8nd arc activtly working towards the Charity Trusted Stsndard Mark. The Foundation is prDud io be & metnber of or accrediied by.. Association of Charitable Foundations (ACF) Disability Confidcnl Inclusive bmployers Living Wag2 l&oundation . NCVO Chority Structure: Foundalion for Futurc LondDn 15 a th￿ItabIC company rcgislcrcd with the Charity Commission for England and Wales (Re8lStralion No. 1160948) and 2$lablished as a company limiled by guarantce, reB15trred in England and Wales with Compani25 HDuse (Registration No. 09483822) Sub5idiAry: Future London Enterpriscs Limited (FLE) 15 a trading cotnpany and wholly owned subsidiary of ihe Foundation for Futur¢ London chgrity and exists solely to raise funds to use for ils charitable purposes. FLE is a private company limiied by shares (registration no. 09807606). Ivilh ils parcnl charity being its solc sharcholder. Rtview of the Arliclty ofAsyoci*tlDII: The BOl￿d of Tru5tEe5 reviewed Lhe Foundation's Articlcs of Association and wa5 providrd wilh PTofessional advice on ainendlng the article5 to align with the Foundation's updaied SiTaiegi¢ plans, as well as good 8overn2nce prèclicc. Bo2rd And Committees= The Board OF TFUStees meets quarterly and comptises 14 mwnbers. Trustees are als0 Company Directors. The Board has approved a resolution to increase the Board to a maximum of15 tTustec5, providing scope for a wider range of skills and experience. Fivc new tru5fres have now been recTuiled. including a nciv Chair of the Finance and Audit committcc. Pag¢ll

Dtscusign Envelope ID. 6E781876-8D3543C&87FF-OB97C43E5S9A The Finance and Audit Committee mecls quarterly. with delegaid r¢5pon5ibility on behaif of the Board, for ovcrsceing all f￿ancial aspeKlS of ihe ChaTiry. li has primary responsibility (or monitoring and reviewing financial and other risks and associated controls, corporaie governance and financial assuranrx. Wc are Currently r¢¢ruitin8 a trustee who has expertise in audii and risk io fi￿her stren￿hen ihe commine¢. Two new Board committees, Ihc Fundraising Committee amd lhc PR and Markeiing Committee, have been ¢stablish¢d, ensuring that there is grealer depth and focus in Ihc discussions. A Risk Committee has also been fornied to $upport Ihe Finartce and Atsdit Commiiiec and provide gre￿¢r oversight. Board Dev¢lopmenl: A Board away day w&5 arTangcd. bringing iowhcr continuing and new trustees, enhancing teamwork and providing tru5t¢C5 thc opportunity lo discuss and align strategy, mission and goals. The ncivly recruited trustec5 have been guided throuEh the trustee on-brthrding process and provided with rclcvant induciion 8JJd support. Truslte RevS•w: comprchcnsivc trustcc 5ki115 audii has iren conducted alongside individual consultation meetings. 51r¢ngthcning trustee cnga8emcnl and cn5urin8 Ihal their knoivldge and expeitise are being applied more ¢ffccliv¢ly. Thc co.chairs have conducied iruslc¢ T¢Vi¢W mcetings consuliations, further slrengihening gov¢rnan¢¢ and ac¢ounl8bility. Ri$k Management: Our slral¢8ir plan is supported by an op¢raiional plan and an adjoining risk register. The risk register has been reviewed and comprehensively updaied io beller support the management of risks and deci5ion-makin8. The conf]ict of intcrcst policy has be￿ mainiained, M'iih the Trusiee de¢laration of interesls recorded. Poli¢ie$ #nd Pro¢edure$: Th¢ Foundalion is a member of NCVO and Ihe Assoeiaiion of Charitable Foundations. The Foundation is also working towards the TTU$ted Standard quality mark, which ensures ihat we &e ¢S￿b]IshIng good practice in all aspects of the Charity's operations and procedures. Key policies can be found on the Foundèiion's websile or available on request. Thc Foundation's fundrpi5in8 policy and PToGcdurcs knvc applied aloo8side the ethical policy ivherever Televant, when applying for fimds and in fvndraisin2 activity Granl giving, as a key componenl of the Foundation'5 PlQ8ramme atxi output, has been regu5ated and guidcd by the Charity's grant givinE policy and procedure. Page 12

Docusign Envelope ID.. 6E781876-8D3543CB-87FF-0897C43E559A Foundation for Future London Trustees, Report The Trustees, who are Directors for the purposes of company law, pres¢nt th¢ Annual Report logeihcr with the financial statements of the charitabl¢ company for th¢ Ye￿ ¢ndcd on 31 Mar¢h 2025. Report of the Trustees for the year ended 31$t Martb 202S 'rhe Trustees ar¢ pleased to present their Annual Report together with the financial stalemcnls of thc charity for the period of l April 2024 10 31 March 2025. Th¢s¢ are a150 pr¢pared lo m¢ct th¢ requirements for a DirecloT'S Report and Accounts for Companie5 Act purpos¢s. The Corporat¢ infonnalion on pages I lo 12 also foms part of thi5 Trust¢¢s' Report. The firtartcial statements comply with the Charities Act 201 I, Ihe Compani¢5 Act 2006. thc m¢mOr￿dum and Articles of Association, and Accountin8 and Reporting by Charities.. Statement of Recommended Practice applicable to charili¢s pr¢parin8 their accounts following the Financial Reporting Standard applicable in the UK and R¢publi¢ of Ireland (FRS 102 effeclive l January 2015). TAngibl¢ fixed *$sets No tangible fixtd asstis wert htld as of 31 Marth 2025. Investment Powers and Policy The Trustces, having regard to the liquidity requirements oFoperating the charity, have kept available funds in an nlerest-bearing deposit accounl and seek to optimise its return on operating funds whilst always focusing on the security of such (unds. Reserves Pollcy Our reserves ar¢ our nei assets, and on 31 Mar¢h 2025, our unrestricted funds were £1,219,087 (31 March 2024,, £1,251,721). The charity holds reserves lo enable il lo support ils ongoing operations as il impl¢m¢n15 ils futsre plans and strategies to deliver ils charitable objeclivcs. The £1.2 Im represents considerably more th8n the target level of re5erv¢5. As thc chHrity's strale8y is lo fo¢us on diversified fvndraisin8. and for the Foundation 10 become a larger, more impacifijl charity, our expenditure urrenily ex¢eeds our income. This is deliberat¢, as ihese planned deficits alloiv us lo invest in ￿ndraiSIng growth lo diversify and ￿0W income iviih a view to breaking even in the medium lo lon8-l¢rm, while Gontinuing 10 maintain and deliver a range of Signific￿tlY vital pro8rammes, to achievo our charitable purposes and strategy. This major investment in fundraising groiyth plan is lo se¢ The F.oundation tr￿)SItIon1n& from ils previous ruiiJraitsiri¥ Tnud¥l, in which the capital fijndraisirtg was retained for East Bank and the income funded only capital grants, and in which our impaci was modest and could not increase,'to a ￿ndraiSing model in wE]ich fundraising and inve51ment income forms just one of a more diverse range of income streams for program5 which, in lim¢, en¢r8l¢s mor¢ funds so ive can make even mor¢ of a diff¢r¢n¢e. Thc Trusice5 Gon5idcr it prudent lo hold re5¢rvc5 highcr th￿ the iar8ei range. li is ¢xp¢¢ied that th¢ level of r¢s¢rv¢$ will decreas¢ over the n¢xl two years, Jmd this trend is reflected in future Organisational plans. The rtstrvcs policy level of unreslrictcd rclcrvts are rcvieiv¢d by the Finan¢¢ )lld Audit Comtnittee befrf)re ratification by the Board of Trustces. The Gurrent policy is for thc ch￿lty to hold a largel rangc of reserves of not less than 12 months ol- expenditure over the short temi. The Board of Trustees continue to monitor this arca to ensure that the level of reserves aligns iviih this policy. Page 13

Docusign EnvelopÈ ID. 6E781876-8D3s43c￿7FF4jb9?c43E559A Restricted and Desigllllted Fithd$ The charity had restricted reserves of £262,918 at the end of this financial year (2023-24.. £61,664). Th¢ Trustees ¢onsidered il prudcnl lo designare funds for rtSlrueoJring and transfom)ation and £150,000 was designated from uore$iri¢ted fiJnds inio a re$tru¢ture and iransfomaiion fwid. This fijnd remains designated al 31 March 2025 and will be available for use in any resIn￿l￿re or IraThsforniaiion aclivi¢y ￿1$in8 from the finan¢ial strategy and business plart in the fuDJre. Sub5idiAry CompAny FFL has onc trudin8 subs)diary> Future London Enierprises Ltd (FLE). founded on 3 October 2015. The trading subsidiary is wholly owned by the Foundalion for Future London (FFL) tharity. It CKi5t5 501ely to raise funds lo use for its charitable purposes, and il is a privaic company limitcd by sharcs (rcgi51r&tiDn no. 09807606). with its parent ¢hvity being its sole shareholder. FLE continued lo be aclive duTing ihe financial year 2024-25 ns part of the successful ￿ndIng and donation from WSCIURW for sponsorship fees and aclivities rela￿d kn events. markcting and communication. ]ryLE has its own sets and liabilities and the required Icgislation and duc diligcncc are obscrved and adhered to. The last sponsoTship donation Il'as receiv¢d in 2024, and the Irusees plan to commission a strategic review of FLE during the year 2025. Plans for Future Periods Going Con¢¢rn A vital shift for the Foundation for Fulure London 15 Ihe development of various ¢Ovcreated programme strands, which bas¢d on local needs and respond dir¢¢ily to issu¢s arising from ow Easi London community, particularly in response to the COVID-19 pandemic and the cosi.o(-livin8 crisis. Th¢se are built on our ¢xp¢rti$¢ in partnership workin8 with local communiiies. We know that our fundraising is impacied by Ihe impac(s of COVID-19 p￿deMiC th¢ I'csulting r¢du¢lion in publi¢ money thai is avJilabl¢ io ihe non-profit se¢ior. A5 men¢ioned abov¢ and in previous years. Ive continue lo manage oura¢tive pipelines of fiJnding prospects across various relationship fiJndr2ising income streams. ineludin2 mid. and high-levcl individual5, trus15 and foundalior]s, and corporatc and slatulory partncrs. Pro8re5S 15 Inanagcd through a robust, re8ular repc)rting 51ructUTC With cxccutivc and non-cx¢culivc ov¢r5ighi including ddicaied cofflmiilccs.. fundrai5iR8. financ¢, and audit & risk. These groups meel iviih the Executive l eam and Ihe Board of Truslees. We have widened our PFoposals beyond grant 8ivin8 to social investmenl. Oui ilAique approach has attracted considcrable interest from the social investment scctor. Prospeclive partncrs from thi5 Sector arc supportiv¢ of our plans bccau5e of our gcnuinely original means io sup￿rt ¢orwnunilies' access io SOGial investment. This confirms our eslablishtd posilioFb as innovaiors in ihis are4 'ahcad of the zei18cisI', polenlially etthancinE our bidding success. The board reaffimied its commilmenl lo mainiain an income.generJling model in which significant growth in impact is possible and c8n happen lor the long-tcrm fIn￿CIal suslainability of the Foundation. We plan for significant in¢oine ￿01¥(h. alongsidc somc controll¢d ar)d limil¢d 8rowth in spending, while Gontinuing to deliver impaci effeclively. The Trustees m&inlain a risk Tegisier detailing (he liktliho¢d and potential impact of identified risks, the controls established lo mitigate coTr$equen¢¢s and ihe individuals responsible for revie%vin8 and managing cortlrols. Page 14

Dotyjsign Env•h)p• ID-. 6E781676.8D3S43CB.87FF-OB97C43E559A Foundatlon for Fulure London Trnslees. Report The main risks f3¢inB the charity are the depletion of reserves and setting and sccuring realistic fundraising taTgets

deliver our programmcs and developing and maintaining the partnerships to delTrvei our charitable objectives. d the deyaslating imp3cI of COVID-19 and budEet cuts on the arts and culture sector, as a significanl reduction in doml and philanthropic gifts for art5, ¢ulture and capital projects. Adions lo manage risks are r¢vi¢w¢d agreed r¢guI￿ly. As part of its risk management policy, FFL ￿ntinueS to keep a constant review of ils current and fuNre operational plans and strategy. FFL ivill be (he custodi82) of the project's legacy and will coniinue to work collaboratively 10 valuc kno¥vled8e equity and deliver On ils obj¢¢ls, irtclusive of.. • Safe spaces and creative placempking with under-resourced communities and vulnerablc 8roups • World-class ans, culNr¢, heritage and sports Sup￿Tt for and pathivays into.. skills developrheni. traininc and tmplr>yment,' entrepreneurship Programme delivery through cultural exchanges, capacity building and gr&85root5 programming . Co(nmunity advosaBy and policy chamgc The IM)ard has assessed the charity's ability to conlinue as a going concern for the foreseeable future. We have nsidercd a Ivide sp¢¢trum of intcrnal and cxternal risks. operaliollal plans, budgct5, finpncial for¢c¥ts including cash flo1¥ and r¢s¢rve5. 'fhe board is Sjlly satisfied ihat th¢ rharity is a soing concern lor the next 12 monihs. 1&12-2025 The annual report wa5 approved by the ITU51¢c5 Ihc charity on .... ajid sign¢d on ils b¢half by.. Sir David Bell Truslcc Page IS

Docusign Envelope ID. 6E781876-8D3543CB-87FF-0897C43E559A Foundation for Future ￿ndOn Statement olTrustees' Responsibilities The trustecs (Ivho are also thc director5 of Foundation for FutUTe Londoj) for the purposes of compa￿Y laiv) &e responsible for preparing the trustees. repod and the Iinancial $￿eMentS in accordance %vith the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounlin8 Practice) and applicablc la￿, and rcgulations. Company law requires the tIU5tees to prepare financial statements for each financial year. Under cA)mpany laiv the trusttes tnusl not approve the financial statements unle&s they we satisfied that they give A true and fail vieiv of the stale of affaiTS of the charitable company and of its incoming resouTces and application of resources. including its income And expendilure, for that period. In preparing these financiBI stalemenls, the trustees are required to.. select suitAble ac¢ouniing policie5 and apply them consisiently: observe the m¢thods and principle5 in the Charilies SORP. make judgements 8nd tstimatr5 that art reasonable and prudcnl- slate whether applicablc UK AEGounlin8 Standards hav¢ becn followcd. subjec( ¢0 any material departures disclosed and explained in the financial slalemcnls: and prepare the financial 5tarements on the going u)ncem basis unless it is inappropriate io presume that the charitable company will continue in business. The trustees ate responsible for keeping adequale accounting records th31 aTe sufficicnt lo sholv and explain the ch}￿]tablC company's transactions and disclose with reLwnable accuracy al arty timc the financial position of thc charilablc compgmy amd cnablc thBm to cnsurc Ihal ihc financial slalcmcn15 Comply with the Companics Act 2006. They are also responsible IDr safeguarding the assets of the chaTilable company aJ]d hence for takin£ reasonable steps for ihe prevention and deieciicn OF fraud and oiher irregularities. The iruste¢s are iesptsn5iblc for thc maintenance and integrity olihc corporat¢ and fLtLancial itlformaiion included on the charitable company'5 ivebsite. Legislation in ihe United Kingdom governing the preparation and disscmination of financial statements may difFer from Icgi51ion in oiher jurisdictions. Statement of dlsc105ure to our auditors In 50 fat &s the Trustees are aware ai the lime of approving our Trustees. annual report: Thcrc is no rclevant information. being in(omiaEion necdc41 by the 8udilor in conncction with prcparing ihcir rcporl, of which the auditDf 15 unaware. and The Trusiee5, hving m&dc enquiric5 of fellow Trusttts ihai ihey oughi to have indLVLdually ¢aken. have each iaken all steps that he15he is obliged to take &$ a Trusice in order to rnJk¢ thcmselves aivare of any r¢levatLI audit infotmation and to ¢stablish that the audiloi is awarc of that information. 16-12-2025 Approved by the tIU5tees of the charity on . and siB￿d on ils behalf by.. Ots¢uSlgnd by-. Sir David Bcll Truslce Page 16

Docusign Envelope ID. 6E781876-8D3￿3cB-S7FF-QB97c43ESS9A Foundation for Future London Independent Auditor's Report to the Members of Foundation for Future London Opinion We have audited the financial statements of Foundation for Future London (the 'charitable parent company,) and its subsidiarics (the 'group'} for the year ended 31 March 2025, which comprise the Consolidated Statement of l-. inancial A¢livilies, Consolidaied Balance Sheet, Balance Sheet, Consolidated Statemcnt of Casli Flows, Stattment of Cash Floivs and Notes to the Financial Statements. including a summary of significant accounting poli¢ies. The financial reporting fiameivork that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'Thc Financial Reporting St8J]d￿d appli¢able in the UK and Republic of Ireland. and applicable law (United Kingdom Generally Accepted Accounting Piactice This r¢port is madc solely to the charitable parent CoMp￿Y'S Irustces. as a body. in accordan¢e with Chapter 3 of Part 16 of thc Comppnics AGt 2006. Our audit work has been undertak¢n so thal we might state to the group's trustees those matters we are required lo Slate to them in an auditor's report and for no other purpose. To the fullest extent permirted by law, we do not accept or a5sumc responsibility to ￿yone other thon th¢ ¢harilabl¢ parenl company and its trustees as a body, for our audit work, for thi5 r¢port, or for the opinions we have forn¢d. Ln ow opinion the financial slalemenls.. give a true and fair view of the state of the group's and parent charity's affairs as ai 31 M￿Ch 2025 and of the gTOUP'S resu115 for the year then cnded. hav¢ been properly prepared in accordance with Unit¢d Kin8dotn G¢n¢rally A¢c¢pied Accounlin8 Practice. have been prepared in accordance with the requirements of the Companies A¢1 2006. B85is for opinion We conducted our audit in accordance with International Standards on Auditin8 (UK) (ISAS (UK)) and appli¢8ble law. Our responsibilities under those standards ¥re ￿rt￿or described in the Auditor's responsibilities for the audit of the finanGial sialem¢nt$ 5¢Gtion of our r¢port. We are ind¢pend¢nt of the group in accordartee with ihe ethical requirements that are r¢levani 10 our audii of the financial $lalemenls in the UK, including the FRC'S Ethical Standard, and we have fijlfilled our other ethical responsibilities in accordanc¢ with Ihe5c r¢quircmcnls. Wc believe that the audit evidence we have obtained is sufficient and appropriat¢ lo provid¢ a basis for our opinion. Conclusions relating to going concern We have nothing lo report in respect of the following matters in relation 10 ivhi¢h the ISAS (LXK) require us to report to you whcr¢'. the Iruslees use of the 8oin8 wnc¢rn b&81$ of accounting in the preparation of the financia] slalemcn15 is not appropriate; or the trustees have noi disclosed in the financial statement5 any identified material uncertainlies that may cast significant doubt about the group's ability to continuc to adopt thf. gning rA?nr.p.rn is of accnunting for a period of at least twclvc months from the date ivhen the financial statements are auihorised for issue. OthÈr information The Irustees art responsible for the other infomiation. The other infomiation comprises the information included in the annual r¢port, other than the financial statements and our auditor's rcport thcreon. Our opinion on thc financial statements does not Cover the other infortnalion and. excepl to the extent othernvise explicitly stated in our report, we do not express any form of assurance conclusion ihereon. Page 17

Docusign Envelope ID.. 6E781876-803543C8-87FF-OB97C43E559A Foundation for Future London Independent Auditor's Report to the Members of Foundation for Future London In connection with our audit of the financial statements. our responsibility is to read the other inforniation and, in doing so, consider whether the other infonnation is materially incA>nsislenl ivith th£ finamcial 5tatemcnts or our knowledge obtained in the audit or othtrwise appears to be matrriJlly misstated. If we identify such material inconsistcncics or app8Jtnt material misstatcments. wc arc required to delem)ine i¥hether there is a material missialement in the financial slalemenls or a material misslalemenl of ihe other inforn)alion. If. b&sed on the work we have perfornied, we conclude that there is a material misslalement of this other information, we are required to report that fact. We have nothing to report in thi5 regard. Opinion on other matter5 prt5cribed by the CompaDie5 Act 2(N)6 In our opinion, b￿ed on the work undertaken in the course of ihe audil-. the information givcn in thc Trustees, report Truslees. Report for thc financial ycar for ivhich thc fin8ncial statcments are prcpared 15 con5i5Lcnt with thc financial 5tatcmcnls- and the Trustees, report CD-Chairs' Report TnAStees' Report h&8 becn prcpared in accordance with applicablc Icgal rcquircmcnts. Mstttrs on whith we Ire required to report by e%ceptio In the light of our knoivledgc and understanding of the group and ihc parent charitablc company and its environment Dbilined in ihe cours2 0( the audit. we have not idcnlified wDaierial misslalements in th¢ Trustees, report Wc havc nothing to rcpDrt in rc5PCEt of the following mallcr5 whcrc Ihc Companic5 Act 2006 rcquires us co report to you if, in our opinion.. adequale accounting records hai'e not been kepi by the parent charitable company. or rctums adequate for our audil have not been received fTOm braqchcs nol visited by us. or the parent charitable company financihl sLilemenls are nol in agreement Ivith the accounting records and retums. or certain disclosures of irusiees remuntraiion sptcified by law are not made" or vc havc nol reccivcd all thc inforniation and explan￿LOn5 we require for our audi(. Rtsponsibilities of tru5tee5 As cxplaincd morc fully in thE Statcmcnl of Trustees. Rc5rM)Trsibililic5 [set oul on pasc 161, the trustees aTe rcspon51blc for thc prCP￿V4tion of ihc financial slalemcn15 and lor bcing sali5ficd that thcy givc a (ru¢ and fair vieu,, gnd for such internal control as the trusiees ddermine is necessary io enable the preparation of financial statements thtLt are free from material misstatement. wheiher due to fraud or error. In preparing thc finanGi&l 51alcmcnls. Ihc trustec5 rcsponsiblc lorasscssing ih¢ group's and ihc parent ¢haritable company's ability to continue &4 a going concern. disclosin2. as applicable, matters related lo going concem and using the going concern basis of accounting unless the trustees eiiher intend to liquidate the group or the parent charitablc company or to Be￿¢ OPErations. or have ￿ realislic al￿rnative but ￿ do so. Auditor's responsibilitie5 lor the audit of the financial stateTrents Our objectives are to obtain r¢&sonable assuiance aknut whetheT ihe r)nancial stal¢rn¢niS as a %vhole ale free from material tnisstatcment, lvhether due to fraud or error. atid to issue an audilor's TCPOrt that includes our opinion. Reasonable assurancc is a high level of ￿su[ar￿. but is not a guaranlee ihat an audit conducted in accordance vith ISAS (UK) will ali¥'ays detECt a material misstatement when it exisis. Misstatements can arise from fraud or error and are ¢oiisidered material if, individually or in thc aggrcgatc. Ihey could reasonably bc expected to influence the economic decisions Df users taken on the b&8is of these financial staktncnt5. Pagc 18

Docusign Envelope ID. 6E781876-8D3543CB-87FF-OB97C4H59A Foundalion for Futhr¢ London lodependent Auditor's Report to th¢ Members of Foundation for Future London Irr¢gularities, including fraud, are insiances of nDn.compliance wi¢h laws and r¢%ul#tions. We design procedures in line Nvith our responsibilities. ouilin¢d above. io d¢l¢cl malcrial misststements in respect of irregularities. including fraud. The ¢xlcnl lo which OUF procedures are capable of delecting irregularities, including fraud is detailed beloiv.. W¢ ensured Ihal the engagement team eolleetiv¢ly had ihe appropriale competence, ¢apabilitiC5 and skills 10 identify or reCo￿lSe non-compliance wilh applicable laws and regulations. The laws and re8ulations applicable lo the charity through dis¢us$ions wilh IrLbsie¢s and oiher management, and from our commercial knowled8¢ experience of ihc ¢hariiie$' Se¢iC*r. Of Ihese laws and regulations we focused on those that we onsid¢r¢d may have a dircci m)t¢rial effe¢1 on Ihe financial siafemenis or ihe operaiion5 of the cliarity, includirtg the Charities Commission Sthiemeni ofRecommended Praclic¢ (SORP). the Companies Act 2006, l&xalion legislation and employmeni law. We also considered GDPR and anti-nioney laundering legislation Ihroughout the audit. We &ssessed thc susceptibility of Ihe charity's fjnancial slaiemtDts io material misiatemenl, including obia5ning an undcrslandin8 of how fraud mighi occur by: Making enquiries of management as io where ihey eonsidered there was susceptibiliry to fraud, Ih¢ir knowledgc of actual, su5pccled and allcgcd fraud- Con5idcring the incernal ¢ontrols place io miligaie ri$ks of fraud and non4ompliance Kvith laws 8J)d regulations. To address thc risk of fraud ihrough managcmcnt bi￿ and OVCTridc of controls, we.. Pcrfortncd anal￿1(￿1 proccdurcs lo idcnlify any unusual or unexpected relationship5 or balances.. I"ested journal entries to identify unusual transactions- a Assessed whethcr judgemenls and assumptions made in dclcrniining the accounting esiimaies olihe company 'erc indicativc of po¢cnli81 bia5. and Inv¢stigated lh¢ Talionalc Ixhind 5i8nifi¢ani or unusual iransaclions In response lo the risk of iriegularilies and non-compliamcc wilh laws pnd r¢8ulation5, u'e designed procedures which included, bul w¢r¢ nol limil¢d io.. 4 Agreeing fin8n¢ial statement disclosures io underlying supp)rting documenration,. Enquiring of managemeni as lo achjal and poienlial liligaiion and claims,. and . Reviewin8 interim board minutes, and Ihe company's legal advisor5. Obtain an understandin8 01 inlernal wnlrol relcvant lo Ihe audil in ordcr lo d¢sign audit procedures that are appropriat¢ in th¢ ¢ir¢umsian¢es, bul not for th¢ purpose of expressing an opinion on Ihc effectiveness of the group'5 inlcrnal control. Evaluate the appTopriai¢nes$ ola¢counlin8 policies used and ihe reasonableness of accounling eslimales and related disclosures made by Ihe Iru$iees. Con¢lud¢ on th¢ appropria¢tne￿ of ihe Iruslees use of Ihe going concern b4L8iS of accounting and, based on the audit evidence obtained, whether a material uncerfainly exisis related ￿ events or conditions that may ¢a5t $igniticant doubt on the group's OT Ihe parenl charitable comwy's ability lo continu¢ a5 a goin8 conccm. If we conclude that a Materi￿ uncertainry exisis, w¢ are rcquired io draiv all￿[10￿ in our auditor's r¢porl to the r¢laled dis¢losur¢s in ihc financial s¢at¢m¢nl$ or. if such disclosures art inadequate, io modify our opinion. Our conclusiorts are based on the audii evidence obtained up ￿ th¢ datc of our &uditor's rcport. Hoiv¢v¢r, ture evettts or condilions may catsse the group or the pattnt ¢harithble Company to cease lo continu¢ a5 going concern. Evaluate the overall PTesentalion. Slriithure and Content of the financial gtaiemenls. including th¢ disc105ures, and whethcr the financial slalements reprcscnt the underlying trd115action5 and ¢vcn15 in a [n?￿ncr ihat &¢hicvcs fair presentation. Pagc 19

Docusign Envelope ID.. 6E781876-803543CB-87FF-OB97C43ES59A Foundation for Future London Independent Auditor's Report to the Members of Foundation for Future London Obtain 5uffici¢nl appropriat¢ audiL ¢vid¢n¢e r¢S￿ding (he financial information of the enlitics or business a¢iivili¢s wiihirt the group to express an opinion on the fmancial slal¢m¢nt5. We 4r¢ responsible for the direction, supervision and perfornian¢¢ of th¢ group audil. We remain solely responsible for our audit opinion. We communicate with those charged with governance regarding, arnong oth¢r matters, the planned scope and timing of the audit and Significant audit findings, includin8 any 518nific8nl d¢fi¢i¢n¢i¢s in inlemal control that we identify during our audil. There are inherent limitations in our audit procedures described abov¢. The mor¢ removed that laws and regulations are from financial transactions, thc Icss likely it is th?t w¢ would become aware of non.compliance. Auditing standards also limit the Audit pro¢edures required lo identify non-compliance with laws and r¢8ulations lo enquiry of ihe Irusl¢ss and oiher management and the inspection of regulatory and legal corTcspond¢nc¢ where present. Material misslalements that arise due lo fraud can be harder to detect than those that arise from error as Ihey may involve delib¢raie con¢¢almeni or collusion. A further desciiplion of our re$ponsibililies for the audit of the financial glalemcnts 15 located on the Financial Reporting Council's website al www.frc.org.uklauditorsrcsponsibilitics. This description forms part of our auditor's rcport. As part of aJ] audit in accord8J)ce with ISAS (UK), we exercise professional judgement and m&intain professional scepticism throughout the audit. We also.. Communicate wilh thoge charged with govcrn8nce reg&ding, atnong other matters, the planned scope and timing of thc audit gnd significgnt audit findings, including any significant dcficiencic5 in intcrn&l control that K'c idcntify during our audit. This report is made solely to th¢ charitable compAny's trustees, as a body, in accordance with Chapter 3 of Part 16 of Ihe Companies A¢1 2006. Our audit ivoik has been undertaken so that ive might state to the charity's trustCCS those matters ive are required to slate to them in an auditor's report and for no othcr purposc. To th¢ fvllest exlcnt pcrmill¢d by law, wc do not acccpt or a55um¢ re5pon5ibility to anyon¢ oihir than th¢ chatilable company and ils trustees as d bodyi for our audit work, for this r¢port, or for the opinions we have forned. Adam Hi For and icFCCT TT (Scnior Stalulory Auditor) behalf of Lucraft Hodgson & Dawes LLP, Statutory Auditor Ground Floor 19 New Road Brighton Ca51 Su$s¢x BNI IUF Dale.. Page 20

Docusign Envelope ID." 6E781876-aD35-43C￿7FF￿B97c￿3ESS9A Foundalion for Future London Consolidated Statement of Financial Aclivilies for Ibe Year Ended 31 March 2025 (Including Consolidaied Income and Expendilure Attouol and Statement of Total Re¢ogni$ed Gains and Losses) Ubreslritled fund$ Total 202S Totxl 2024 Rtsiricted fund$ Not Income And Endoivmenls from: Donations and legacies Other Iradin8 aclivities Investment income .234.737 ,234,737 125.000 2,293.462 208,333 125,000 Total Income 216 482 234 737 1451219 2 554 230 Expenditure on: Charitable activilies Raising fijnds Cost$ of trading a¢livities (65,874) (151,383) (1.033,482) (1,099.356) (151,383) (2,354,131) (229,461) Total Expertdibjre 249116 1033 482 1282 598 2 604 865 Nel (¢xp¢nditur¢)lin¢om¢ Net movement in ￿ndS 201255 16862l {32,634) 201,255 168,621 (50,635) Reeonciliation of funds Total funds brought forward 1251721 1313 384 1364 020 I'olal funds ¢arried forW￿d 20 1,219087 262.918 1,482 005 1.313,385 All ol'ihe group's accivities derive from conliftuing opcra(ions during the aknve two pcriods. The funds breakdown for 2024 is shown in note 20. PaEe21

Docusign Envelope ID. 6E781876-803543C8-87FF-0897C43E559A Foundation for Future London {Registrntion number: 9483822) Consolid2ted Balance Sheet as at 31 March 2025 2025 2024 Note Current As$ets Debiors Cash at bank and in hand 16 15 35,151 2 206 032 2,241.183 660,815 1 916 662 2,577,477 Creditors= Amounts fAlling due within one yeAr 17 759 178 1264 092 Net a55Ct5 1482 005 1313385 Funds of the group: Restritted funds 262.918 61,664 Unrestrlcted Income funds Uniestiicted funds 1219087 1251721 Total funds 20 1482 005 1313 385 16-12-2025 The financial statcmtnts on page5 21 to 46 were approved by ihc Iruslec5. and authoriscd for issue on................... and signcd on thcir bchalf by.. D(•cuJlined by.. "U2DBBDFE4FPA4FE" "' Sir David Bell Trustcs Page 22

Docusign Envelope 10". 6E781876-803543C8-87FF-OB97C43E559A Foundation for Future London (Registration number: 9483822) Balance Sheet as at 31 March 2025 20Z5 2024 Note Fixed assets Investtnents Current assets Debtors Cash al bank and in hand 16 15 146,351 2 098.355 2,244,706 666,340 1914 836 2,581,176 Credltors: Amount$ f211ing due within one year 17 755 614 1267 792 Net current a5s¢Is 1489 092 1313 384 Net assets 1489 093 1313 385 Funds of the charity: Rt$tri¢t¢d fund$ 262,918 61,664 Unre$tritted income funds UnT¢stri¢ied fvnd5 1226 175 1251721 Total funds 20 1489 093 1313385 16-12-2025 The finan¢ial stal¢menlS on pages 21 to 46 w¢r¢ approved by the Irusl¢es, and aulhorised for issue on . and signed on their behalf by.. DouuSlBnq4 by.. ' rnBe•PÉ¥FWA4Pf.:" Sir David Bell Trustee Page 23

Oocusign Envelope ID 6E781876-803543CB-87FF-OB97C43E559A Foundation for Future London Consolidated StAtement of Cash Flows for the Year Ended 31 March 2025 2025 2024 Note CAsh flows from operAting activities Net cash flo¥vy from operating activities 22 197,888 (63,280) CAsh Ilows from investing activities Interest receivable and sirniljr income Net dccrtase in c&sh 8nd c￿h equivalenls 289,370 (10,845) Cash and cash equivalents at l April 916662 1927 507 Cash and cash tquivaltnts at 31 March 2 206 032 1916662 All of the cash flows are derived from continuing operations during Ihe above nvo periods. Pagc 24

Docusign Envelope ID 6E78187&803543CB-87FF-0897C43E559A Foundation for Future London Statetnent of Cash Flows for the Year Ended 31 March 2025 2025 2024 Note Cash flows from operating activities Net Q￿h incomel(expcnditure) 175,709 (50.634) Working t#pitAI adjustment$ Deciease in debiois Decrease in creditor$ 16 17 519,989 512 178 217,916 179953 N¢1 ¢ash tlows from op¢ratin8 aclivili¢$ 22 92,038 165,106) CAsh flows from investing Activities Interest receivable and similar income Short-terni inveslmenls 91,482 52,435 N¢1 Ga5h flows from inv¢sling aGlivilies Net increase/{decre&8e) in cash and cash equivalents 183,520 112,671) Cash and cash equivalents at l April 1914 836 1927 507 Cash and cash equivaIenls al 31 March 2 098 356 1914 836 All of the cash flows are derived from continuin8 operation5 during the abov¢ ttvo p¢riod5, Page25

Docusign Emvelope ID. 6E781876-8D3543CB-87FF4)B97C43E559A Foundation for Future London Noles lo ihe FiDan¢ial Statements for the Year Ended 31 Morch 2025 I Ch•rity sltu$ The tharily 1$ a charity limiied by guarantee and consequently does not have share capiial. Each of the tsusiees is liable lo conirilxjic an amounl not cxcccding £Nil towards the a5SCts of thc charity in the cvcnl of liquidalion. 2 Atcountillg policits Summary of signifitnt *ctoufttin% polities and key xe¢ollnting estimAtts Thc principal accounlin8 PDlicies applicd in thc preparation of thcsc financial statcm¢nls arc 5cI oui bcloiv. Thesc polici¢s havc iwi consistently applird tD all the ye￿S presented, unless otherwise slaied. Sialement of complianee The financial slal¢m¢n15 hav¢ b¢¢n pr¢par¢d in aG¢ordanG¢ with A¢Gounting and R¢porting by Chuiti¢s'. Siatcmenl of Recommended Practice applicable to charities prtpaxing their ac¢ounls in accordance with the FinanGial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeclive l January 2015) (Charili¢5 SORP (fRS 102)), th¢ Fin&n¢ial R¢porting Stand￿d applirAblc in th¢ UK Republi¢ ol Ir¢land (FRS 102) and iht Companies Aci 2006. B35is ofpr¢p3r#tion Foundaiion for Fuwre London mttts Ihc dcfinilion of a public bcncfil entity under FRS 102. Asscis and liabililics are iniiially reco8nis¢d ai hisiori¢al c051 or Iran52Ction value unles5 otherwise staled in ihe relevami ￿coun11n8 policy noie$. Sub$idi&)ry Fulur¢london Eni¢rpTises Limited (fLE). COMp￿Y number 09807606 is a privatc limiied wmpany limited by $hare capital intor￿rated in England and Ivales. The ttsmpany'$ registered office 1$ ai 14 East tjay Lkne, Queen Elizabeih Park, Lon(bn, E20 3BS. Basls of consolldatlo The ¢onsolidJied financial statttmcnts wnsolidate the f￿8￿claI statements of the charity and its subsidiary undercakings drawn up ￿ 31 Mvch 2025. No statemenl of Iinancial aGlivitlCS 15 prcscntcd for thc charity a5 pcrmittcd by scction 408 of ihe Companics Act 2006. The subsidiary ffladc a loss aftcr for th¢ financial ycw of £7,088. (2024.. £nil) Page 26

Docusign Envelope ID. 6E781876-8D3s43CB-87FF-OB97C43E￿9A Foundation for Future IA)ndon Notes to the Financial Statements for the Year EDded 31 March 2025 A subsTrdiary is an entity ¢onirolled by rhe charity. Control is achieved where the charity has the power to govern the finaneial and operating policies of an entity so ￿ to obtsin benefits from its activities. The results of subsidiaries acquired or dispostd of during the year are included in the statement of financial ctivities from the effective date of acquisition or up 10 ihe effective datc of disposal, as appropriate. Where necessary, adjustments are made to the financial stalements of subsidiarics lo bring their accounting policies into line with those used by the group. The purchase method of accounting is used to account for b￿lnesS combinations that result in the acquisition of Subsidiaries by the group. The cost of a business combination 15 me&wred as thc fair value of the assets given, equiry instruments issued 2nd liabililies incutred or assumed ai ihe daic of exchange, plus cosis directly attributable to the business combination. Idenlifiable asws acquiied and liabiliiies and contingent liabilities assumed in a business combination are me&sured inilially ot Iheir fair values at the acquisition date. Any excess of the cost of the business combinaiion over Ihe acquirer's interest in ihe nei fair value of the identifiable assets, liabilities and contingent liabilities recognised is recorded as goodwill. Inter-company transactlDlls, balJnce5 and unre￿iSed gains on Iransaciions behveen iTrLe charity and ils subsidiaries. Ivhich are relaied parties, are eliminaied in full. Intra-gTOUP Ios5cs arc alSD climin¥4lcd but may iiidicalc an impairnicnl thal rcquirc5 rccognition in thc Gonsolidaled fin3n¢ial statemenlS_ Accounting policies of sub5idiBries have been changed where necess8ry io ensure consistency ivith ihe policies adopted by the group. Non-controlling intcrest5 in Lhc ncl &s5Cts of consolidated 5ubsidiarics arc idcntified separately From the group's equity iherein. Non-conlrolling inleresis consisi of the amount of those inlerests al ihe date of the original bu5ines5 combination and Ibe non-wnliollin8 shareholder's share of chsmges in equity since the date of the combinatiDn. Total coinprehensive income is altribuled io non-controlling interests even if this rcsult5 in thc nDn-conlrolling intcrcsts having a dcficii balancc. Going concern The trustees consider thai there are no material uncenainties about the group's ability to continue ￿ a soing concern nor any significant ￿e￿5 of uncertainty thal affect Ihe carrying value of &sset5 held by the group. Judgements Foundaiion for buture London h&5 made the following key judgcincnls and estimai¢s in preparing (hese a¢counts. Donatcd scrviccs in kind have been recognised in ihe accounls based on an amount calculatcd by the provider. This is due to thc difficulty in finding rA)mparablc cosis ihat ihc charity would pay in thc opcn tnarkcl. Support Cosls have been allocaied io charitable and tundraising aclivity based on thc perrcnfagc of total staff costs expended on charitable and fundraising cxpcnditurc. for 2024r25. I￿/. (2023124.. 20 /) of indirccl cost5 wcrc allocated to fundraising activity. 15L/¥o (2023124-. 27Yo) allocated lo gOVerna￿Ce and suppon costs, split evcnly bctwccn charitable activities and fundraising costs and 66Yo (2023124.. 530}0} to charitsble aciivity. Jncome and endoivmcnts All income is recognised once the Charity has enliilement to ihe in¢om4 it js PTobable thai (he income will be received and the amounl of the incotne receivable can be measured reliably. Tumover for the subsidiary i5 shown of saleslvalue added tsx. returns. rebates and discounts. PaEe 27

Oocusign Envelope ID." 6E781876-8D3543CB-87FF-OB97C43E559A Foundalion for Fulure London Notes to the Finan¢ial Sialemenls for ihe Year Ended 31 March 2025 Donations and legacies Donatiorts are recognised when the charity has been notified in ivriiing of l)oih lh¢ ￿nO￿nt settlcmeni daic. In the event chat A donation is subjecl io condiiions thai require a level of performance by the Charity before the harity is entitled 10 the ￿nds, the iD¢ome is deferied and nol reeognised until either those Conditions are fully met, or the fuifilment of those conditions is ivholly wiihin the control of the charity and it is probable that thesc condition5 will be fulfilled in the Teporting period. Leg2cy Eifts are recognised on a case by case basis folloivin8 the grant of probate when the administratorlekeculor for the estate has communicatcd in writing both ihe amount and settlement date. In the cvcni ihat thc gift is in thc form of an asset othcr than cash OT a financial èssd irdded on a recognised stock exchange, recognition is subject to the value of ihe gifi being weliably measurable wilh a degree of reasonable accuracy and the title to the asset havinE been transferred io the chatily. Durin8 2023-24 Foundalion for Fu¢urc London r¢c¢iv¢ in kind Icr, HK gnd farilili¢s S¢TVi¢eS from London L¢8acy D¢v¢lopmcnl Corporalion (LLDQ. On rK¢ipl th¢ donald XrVir￿ and facilities ar¢ r¢¢o8nis¢d as income on (he besis of the eslimaled value provided by the donor. A corresponding amount is r¢co8nis¢d ￿ expenditure in th¢ p¢riod of rcc¢ipl. Ii is di£fi¢uli io ￿11￿[¢ wh¢iher lh¢ ajnounls compaxable with what the ch￿lty would pay, in the op¢n market and th¢T¢fore lh¢ ￿lImated valuc provid¢d by LLDC is inrluded al th¢ amount cal¢ulated by the provid¢r. No in kind services weTe received during 2024-25. Grants recelvrtble Gr8nl$ are recogniscd when Ihe 8roup has an enliiltmeni to ihe funds and any ￿nditionS linked 10 the granis have been mel. Where perf0rn12nce condilions are atiached io the grani and are yet to be met, the income is recognised as a liability and included on the balance sheei as deferred income io be released. DeJerred income Incom¢ r¢¢¢ived in advamc¢ is deferred unlil Ihc criteria for income r¢cognition are met. DonhÉÉd sÈrvlcès oAdftryelliil Nvhcrc scrvicc5 or facilitics are providcd ihc charity a5 a donalion that would noTinally bc purcha5Ed from our supplirrs, this bencfit Is included in th¢ financial slalcmcnts al il's laTrr valuc vnlc$5 il's fair value cannDi be rcliably measured, then at ihe cost to ihe donor or ihe resale value of goods ihat are to be sold. Inlerest rcÉlvablÉ InteTesi on the ￿ndS hcld on dcposit is inclLMJed whcn receivable and atllount can bc mcasurcd reliably by the charity" this is normally upon rbolificalion of Ihe int¢resi paid or payable by the bank. Expenditure All ¢xpenditure 15 r¢cogni5¢d once Ih¢rc is a Ic8al or wnstrucliv¢ obligation ¢0 Ihal expenditure, il is probablc settlement is required and ih¢ 4mounl can b¢ measur￿ r¢liably. Exp¢nditur¢ is rl&ssificd under the followin8 activity headings., Costs of raising ￿ndS comprise Ihe costs of fundraising and Iheir related supporl and goi'ernartce cosi. Expcnditure on chatrilable aclivilie5 includes Ihe cosis of culiural and educalion81 programmes and other a¢livilies underiaken to furthcr Ihc purposes of the chajity and iheir relaled suppor1 8ovcrnanc¢ costs. Other one-off ¢osis directly relale lo the ¢stsblishmeni of lh¢ OT8anisaiion in its initial period and do not fall into ¢ilher of th¢ above headings or govcmance cosis. . Governance costs comprise of Trtsstees expen$e$. legal and accouThtaneylaudil service cost$. All Costs directly #ttributabl¢ to chariiabl¢ aclivitics cost of Fundraiying ar¢ allocated directly. Support ¢0515 are apportioned a¢¢ordin8 10 the Percentage olstaff costs for each aciivity. Page 28

Docusign Envelope ID." 6E78187&8D3S43C8-87FF-OB97C43E559A Foundation for Future London Notes to the Financial Statements for the Year Ended 31 March 2025 Support costs Support costs include fimctions that assist the work of the clwity but do not directly r¢latc to either ch8ritabl¢ or fundraising activities. Support Costs include office costs, finance, FtR, payroll, LCT and oihcr costs which support the charities activities. Support cost5 havc been allocat¢d bascd on thc pcrc¢ntagc of staff costs incurred for charitable and fundFaisin£ activities. Taxation The charity is considered lo pass the tests sei oui in Paragraph I Schedule 6 of the Finance Aci 2010 and therefore il me¢ts the definition of a charitable company for UK coTroration tax purposes. Accordingly, thG Gharity 15 pol¢nlially cxempl from t8xation in respect of income or capital gain5 r¢c¢ived wiihin Gat¢8ories cover¢d by Chapter 3 Part I l of the Corporation T&% Acl 2010 or Section 256 of the T&%ation of Chargeable Gains Act 1992, to the exlenl that such income or gains are applied exclusively to charitable purposes. The subsidiary, Fulurelondon Enterprise$ (FLE) 1$ a private company limited by shares and is subject lo rporation t&Y in accordance with the Corporation Act 2010. Tangible r￿ed assets Foundation for Fuwre London and fulurelondon Enterprises Limiied have no tangible fixed assets. Bu5in¢$$ ¢ombination5 Busincs5 combinations arc accounted for und¢r the purchase mclhod. Wh¢r¢ n¢¢¢5s￿, adju51m¢nt5 mad¢ lo the finan¢ial $iatemenlS of subsidiaries to bring the a¢¢ounting policies used inlo line with those used by the group. All inlra-group iransa¢tions, balan¢es, income and expenses are eliminated on ¢onsolidalion. In accordance with Section 35 of FRS 102, Section 19 of FRS 102 has not been applied in these financial slalcm¢nts in r¢sp¢ol of business ¢ombinalions effected prior to th¢ date of transition, Fixed asset investments Fix¢d asset inveslmenls, other than programme related inveslmenls, are includcd at market value al the balancc shecl dale. Realised gain5 and losses on investments are calculaled as th¢ difference between sales proce¢d5 and Ihcir mark¢l VV4lu¢ al the start of ihc ye￿, or their subs¢quenl cost, pJ¢ ch￿s¢d or Gredit¢d lo th¢ Stal¢m¢nt of Financial Aclivilies in the period of di$posal. Unr¢ali5¢d gains and1055cs represent the movement in mwkcl valucs during Lhc ycar and Gr¢diled or charged io ihe Statement of Financial A¢tivititÈ btstd on th¢ marktl value al the year end. Trade debtors l-radc and othcT debtors art recognised al the settlcmcnt amount due aftcr any trade discount offered. Prepayments arc valucd at thc amount prcpaid net of any tradc discounts duc. Cash and cash equivalents Cash and cash equivalents comprise ¢ash in hand. in¢lude highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit 01 a similar account. Short-term investments Short-ierm investmentg include instruments With a maturity Df six to livelyc months from the date of acquisition or opening of the deposit or a similar account. P2Ee 29

D¢cu$ign En¥8lop•10-. 6E761876-6D3543CB-87FF-0897C43ESS9A FoundalioD for Future London Notes to the Financial Statements for the Year Ended 31 March 2025 Trade creditors Tradc creditors arc obligations to pay for goods or services that have been acquÈred in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not hai'¢ an unconditional right, al Ihe end of the reportin8 pcriod. to d¢f¢r s¢¢¢l¢m¢nt of th¢ creditor for at least tw¢lv¢ moDihs aficr ih¢ reporting date. If there 15 an unconditional Tighi to defer sertlemerti for al least t%velve months after the reporting date, Ihey are presented as non-current liabiliti¢s. Crediiors and provisions are rccognis¢d ai their scttlemeni ￿OUnt afier 8llowin8 for any trade discounls due. Fund slr•¢tur¢ Unresiricicd income ￿ndS are general fvnd$ thai are available for use at the tru$tee$'s discretion in furtherance of the objeclives of the Eroup. Rcstricled income fvnds are those donatcd for usc in a parlicular area or for spccific purpoxes. the ust olwhich is rcslriclcd to Lhat arca or purposc. P¢m5ions •ud other p05t retirement oblig8tlQllS Founda¢ion for Futt)rc London has a defin¢d contribulion pension scheme with Royal London that ¢ommenced opcraiions on th¢ l July 2016. foundation for FU￿1¢ London cortlribules 50/0 of each employee's gross salary loivards the pension scheme. Outstanding pension conlribulions &$ at the balance sheet date are included in crediiors. Financial inslruments roundation for Future London only has financial assets and financial liabililies of a kind that qualify as basi rinancial instrumcnts. Basic Financial insrrum¢nts are iniliall)I re¢ognised at transaction value and subsequenily measured at rheir 5ettletneni value iyith the exception of eontessiortary loans Kvhich are Subsequently measured at amorlised c051 using the effectiiwe interest mcthod. Fulurclondon Entcrprisc5 Limitcd only ha5 financial in5trurncnts which would meei the definition of basic fingncial instrumBnlS. 3 In<om¢ (rom donations and le8a¢ies Total 2025 Tolal 2024 Restriotéd funds Gianis Dottat￿ services facilities ,234,737 I,234,737 2,261,469 .234.737 1.234,737 2,293.462 Page 30

Docusign Enveltspe ID. 6E781876-8D3543CB-87FF-OB97C43E559A Foundation for Future London Notes to the Financial Slatements for tbe Year Ended 31 Marcb 2025 4 Income from oihtr trAding Activlties Unr¢strict¢d funds Total 2025 Total 2024 General Sponsorship income 125 000 125 000 125 000 125 000 208 333 208 333 S Investment ineome UDr¢strieted funds TotAI 2025 TotAI 2024 GenerAI Interest reccivablc olld similar incom¢,' Interest receivable on bank deposits 6 Expenditure on charitable activities Unrestricted fund$ Tot41 2025 Total 2024 R¢$tri¢ted funds Project grants Projccl delivery costs Project management Project evaluation Support and Gov'nce 625,737 6,700 36,908 4,770 359 367 1033 482 625,737 6,700 36,908 4,770 425 241 1099 356 TotAI 2025 1,771,950 2,533 47,595 55,568 476 485 2 354 131 Total 2024 2025 Unrestricted 2025 Restricted Salari¢s, Ivagc5 and rclalcd Gost5 General office Cost$ Gov¢Tnan¢¢ ¢osts Freelance co$t$ 50,462 7,828 3,735 271,082 64,659 321,544 72,487 3,735 361,090 37,044 24,765 J59 367 425,241 476,485 £65.874 (2024 - £209,101) of the abovc cxpenditurc was attributable to unrcstri¢ted funds and £1,033.482 (2024 £2.145,030) lo r¢stri¢led funds. All support costs are allocal¢d based on ¢h¢ percenlage of lolal staff costs for fundraising and ch￿itable activity. Page31

Docusign Envelope ID 6E78187&803543CB-87FF-OB97C43E559A Foundation for Future London Notes to the Finallcial Statements for the Year Ended 31 March 2025 7 Expenditure on raising fund5 Analysis of costs on raising funds Total 202S Total 2024 Cost (Jf raising funds Other Costs Cost of rai$in8 fund$ sal￿1¢3, wages and related osty Gcncral office cos1$ Freelance 114,361 114,361 160,826 160,826 17,462 17,462 l8.098 18,098 n5ultanc y costs Support 24.489 24,489 goveman e ¢051s 151383 151,383 229.461 229461 b) Costs of trading activities Unre$tri¢ted runds TotAI 2025 Total 2024 Gener41 Note 'I'rading Subsidiary c0515 31,859 31.859 Page 32

Docusign Envelope ID 6E78187&8D3543C8.87FF4)897C43ES59A Foundation for Future London Noles to the Financial Statements for tbe Year Ended 3] Mareh 2025 8 Grant-making Arhlysis of grants Crllts to instltutioos 202S 2024 An41ysi$ Westfield SITatford City GeneT31 608,737 ,767,950 4.000 1771950 625 737 The support ¢o$is associaied wilh grant-makirtg are £407,745 (31 March 2024 - £373,080). More deiail is provided in note 6. Wesifield Siraiford City Capacity building FFL'S free provision tD access a Capacity Buildin8 Programmc ihal provides ihe ￿d[Ock foi Erowth and suslainability for trM)ih current. PBSt, and fijturc granlcc5. Scc pu8e 6 ir) ih¢ 'frusie¢ Report. CTealive Fulures - The community strand of th¢ Westfield East Bth Cr¢aliv¢ FuluF¢S Fund. The Community strand's main purpose is lo create inclusive and suylainablc opportyJnili¢s for IIK individuals, gr￿$ rooi organi5alions and comThUnili￿ as a wholc within th¢ four boroughs that n¢ighbour E&%1 Bank. This is Ihrough the meon5 of arts. Gvltural. edu¢aiion and heritag¢, all those elements that will be synonymous iviih Easi London as it develops lo bec¢)me a cenlral culcural destination for all. The community sirand is brok¢n down into thrce ¢aie8orie$'. Small - To aecelerate new proj¢¢i ideas, startups, education, training, skills and qualificaiions or community initiatives that build on or provid¢ a¢cess to OPPOnunilies and improved possibilities. Mcdium - Allow ihe scaling up Or iiiovin8 a project / piogramme of activities to the nexl stage with the purpos¢ of achi¢vin8 a lar8¢r impact anWor ¢ngag¢tnenl gfaudience within the East Bank boroughslcornmunitiC5. Largc - For projccts that will support local organisations that show collaborative parts)ership working. PiojectS nccd io Tcflcci ihc cultural divcrsity of thc East Bank COmTnUnities by crealing community assels that will open opportunilies to all. ExaThplcs of projects fundt4J in this 5lrand can bc 5ccn on pagc 6 in th¢ 1'ru5t¢cs report. Page 33

Docusign Envelope 10.. 6E781876-803543CB-87FF-OB97C43E559A Foundation for Future London Notes to the Financial Statements for the Year Ended 31 Marcb 2025 Capital Grants 8J¢ for activities that covcr the following.. o A building project as defined by any type of ¢apital work that is required to comply with staDJlory approvals such as building or pla[￿Ing regulations and you musl demonslrale Security of tenure and ail statutory approvals have been applied for. o The IUBA Plan of Work Org￿lS¢S th¢ PTO¢¢SS of briefing, designing, conslruclin8 and operating building proj¢¢is into ¢18ht stages and explains th¢ stage oul¢omes, ¢or¢ tasks and information exchanges required al ea¢h stage. If you are following the RtBA design stages, your project musl be developed to at lea81 IUBA Work Stage o Smail organi$ations do not need to adhere to RJBA bul will be asked lo produce plans that have sustainabl development goals. o Buying assets such as furniture, equipmtnl, instruments vehicles, where Ihcs¢ will sUPPOrt the delivery of activities that contributc towards outcotncs listcd within this guidc. o Improving existing facilities lo enhance accessibility. o Building work to improve an existing communityl cultural building, o Installing neiv tec[￿OI0gieS and upgrading buildings to facilitate activities that will deliver on outcomes listed within thi5 guidc. o Purchasin8 or developing managcTncnt s}'stcms to eJthan¢¢ ¢ngagemenl and or88nisaiional growth for a¢iivities thal will deliver on outcomes listed within this 8uid¢. o Environmental sustainability costs including installing or retrofirting sustainable tecFu)ologies or upgrading ¢X151ing building fabric. o Professional fees (Ihal do not exceed 650/0 of the requesicd funding) as$o¢ial¢d with Capital spending on your proje¢l* provided the 8ppointm¢nt5 have b¢cn mad¢ in ￿cord￿n¢t with meeting outcomes Iisird within this guide, for example using local or new start up suppliers and contractors. o New placemaking community irtfraslructure installations such as signage, community sensory gardens, environmental or SUSlain&ble resources elc. o Include proj¢¢ts thai n¢ed¢d additional Gapacity buildin8 support such a5 or8anizational d¢v¢lopmcnt, EmployabilitylCultur¢ cxchange.. The cultural ex¢hang¢ programmc has been devised against Ihc 'l¢v¢lling up, backdrop and is an iniiovalivc UK-Ivide ex¢httn8¢ progr8mm¢. Th¢ Mim of th¢ prograJnm¢ is Iv ronn¢¢l young people, 9rt5, ruliural rLnovalion organisations and communitieg xcross East London and othcr UK citics, using crcativc and inclusiv placemaking as a learning tool. See page 6 in the Trustees Report. Page 34

Docusign Envelope ID. 6E78187&8D3￿3cB-S7FF-oB97c43E559A Foundatlon for Future London Notes to the Financial Statements for the Year Ended 31 Morcb 2025 New Talent: . New Taleni Fuiure Leaders, progran)me aims to connect local people from diverse ¢ornmunitie$ and those under- represenied in ihe ivorkfor¢¢ io the employmeni. eduealion and business opportunities generaied from ihe growth deliv¢r¢d by E&si Bank. These opportunities will emerge in the higher cducation sector and ihc cultural. cr¢alivc, f&shion and lechnology industries. The projcct commenced in April 2021. Scc pag¢ 14 in th¢ TTusIcc5 TCPOrt. Easi Bank Partnership Provision of funding for various collaboTative projects with the East Bank partners. all of which have a focus on yauth trainin8 and employment opportunitics. An example ot which can bc sccn by ihe Easi bank Sumtner Programmc 2022. Sec page 4 in thc Trustee5 Report. Pagt 35

Docusign Envelope ID.. 6E781876-803543CB-87FF-OB97C43E559A Foundation for Future London Notes to the Financial Statenjents for the Year Ended 31 March 2025 9 Net incomingloutgoing resources Nei incomingl(outgoing) resources for the year include= 2025 2024 Group Staff pensions Truste¢ expenses Audit fees Legal and professional fees 17,313 24,532 791 34,610 3,450 32,350 7.234 Net inmmin￿(oUtgO1ng) r¢sourc¢s for the year include.. 2025 2024 Charity Staff p¢n5ions Trusl¢cs cxpenscs Audit fees Legal and professional fccs 17,313 24,532 791 30,960 3,450 28,500 7,234 Pagc 36

Docusign Envelope ID.. 6E781876-8D35-43C8-87FF-0897C43E559A Foundation for Future London Notes to the Financial Staten)ents for the Year Ended 31 March 2025 10 Staff costs The aggregate payFoII costs were as folloivs-. 2025 2024 StAff costs during the y¢Ar were: Wages and salaries Social security costs P¢nsion co$1$ Freelance 381,925 36,632 17,313 451,687 44,237 24,532 435 870 544 945 The number of employec5 whose emolumcnts fell within the following band5 was.. 2025 2024 £60,001 £70,000 £70,001 £80,000 £80,001 £90,000 £90,001 £100,000 £ioo,001 £iio,000 £110,001-£120,000 £120,001 £130,000 £130,001-£140,000 £140.001 £130.000 £130,001 £160,000 £160.001- £170,000 The charily Trustee$ were not paid nor did they receive any other benefits from employment with Foundation for Fufvre London in the period. During the period, Foundation for Fulure London Trustees incurred expenses which w¢r¢ rcitnbuT8ed by the charity lotalling £nil (2024., £791), bxp¢n$es reimbursed included meelirtgs expenses. No harity Tru51ec r¢¢eived paym¢nt for profrssional or other servi¢¢s supplied lo Ihe ¢harily. The key management personnel of the charity comprige Ihe Truslces and the Executive Director. Th¢ lolal Gosl of the key management personnel for 2024125 were £90,000. (2023124.. £120,000). Page 37

Docusign Envelope ID. 6E781876-e03￿3C&87FF-OB97c43E559A Foundation for Future London Notes to the Finan¢ial Statements for the Year Ended 31 March 2025 The monthly average numb¢r of persons (includin8 senior monag¢m¢n¢ ¢eam) employed by the 8roup during the year ¢xpressed as full lim¢ cquivalcnts was as follows: 2025 2024 Programme delivery Fundraising Adminislralive 11 Relattd PArty trAnsAcIioJbS Foundatiort for FuNre London is required ￿ disclose transactions wilh relaied parties- orgarus&tions OT individualg that have the potential to conlrol or innuence Foundalion for Fuiure London or lo be conrrolltd or influenced by Foundation for FU￿r¢ London. The related parties ivher¢ ihere were transaciions wilh Foundalion for Future London in 2023124 or 2024125 are.. Futurclondon Entcrpri5es Limiied IFLE) 2025 Income Dohtioll- in-kiDd Expenditure Debtor Charity FLE 126 569 2024 Donation- in-kind Eip¢nditur¢ D¢btor Charity 187060 FulureLondon,Enl¢rprises Limiled is a ivholly owned subsidiary ofFoundalion for FU￿re London (FFL). During the period FFL provided managemeni services to FLE. FFL rcceives and pays inwme and expcndiiure on behalf of fLE, this was treated as a loan Ixtiveen the companies. Th¢10on was uns¢¢ured, intrresi free repayabl¢ on dem[￿d. Durin8 (he year under review, FLE purchased services including siaff resources, IT services, offi¢e spa¢e and equipm¢nt from the ¢harity, Foundaiion for Fuwre London, ioialling £94,807 (2024.. £84,745). At the end of the year amount of £nil remained outstanding in T¢sp¢¢i of Ihese purchases. FLE donated it's l&xable profits (O Al's pgi¢Trt charity, Foundation Future Lortdon. For Ihe )iear ended 31 Mgrch 2025 this amounted to £4,042 (2024: £102,315). Page 38

Docusign Envelope ID. 6E781876-8D3543C8-87FF-0897C43E559A Foundation for Future London Notes to the Financial Statements for the Year Ended 31 March 2025 12 Auditors, remuneration The amount recognised in the Statement of Financial Aclivities for fees in respect af the audit services provided to the group is £32,350. (charity £28,500), (2023124= £34.610. charity £30.960). 13 Taxation Tax chargedl(credited) in the statement ofrinancial aclivili 2025 2024 Group Currertt tkx&tio UK corporation tax Chkrity The charity 1$ exempr from tax on income and gains fallinE within scction 505 of thc T&xcs Act 1988 or scctioii 252 of thc T&Kation of Chargeablc Gains Aci 1992 10 ihc cxicnl ihal th5c arc applied to its charitable objects. The subsidiary, FuturelDndon Enterprises Limited is a irading subsidiary which is not exempt from t&Yation. The Cotportion lax due for the year ended 3 1st March 2025 was £Nil. (2024.. £Nil). 14 Fixed Asset investments Charity 2025 2024 Shares in group undertakings and participating interests Shares in %rDUP undertJkinKs and p4rtieipating inleresls Subsidiary d¢rtakin¥s Totsl Cost At l April 2024 At 31 m1￿ch 2025 Ntt book value At 31 March 202S At 31 March 2024 The charity holds one share Df £ l in its whDlly owned subsidiary compaJ)y. Futur¢London Entcrpriscs Ltd, Ivhich is incorporaled in the United KingdDffl. I"hese are thc only shares allotted. called up and fully paid. At 31 sl March 2025 the subsidiary had nei assets of £(7.087) {2024= £1). and made a loss for the )'ear ended 31 sl Mai¢h 2025 of £7,088, (2024.. £nil) Page 39

Docusign Envelope ID. 6E781876-8D3S43C&87FF-OB97C43E559A Found8tion for Futhre Loodon Notes to the Finan¢ial Stgtem¢nts for the Year Ended 31 March 2025 15 Cash and c4$h ¢quiv4l¢DI$ Gr0￿P Charity 2025 2024 2025 2024 Cash al bank Shorl-tcnn deposi15 1,834,760 371272 2 206 032 1,045,191 871471 .916662 1,827,083 271272 2 098 355 1,043,365 871471 1914 836 16 Debtors Group ChArity 202S 2024 2025 2024 Trade debtors Paym¢nls on account Pr¢paY￿rnI5 Accrued income Othcr dcbtors 1,21 156 1,200 156 9.840 8,586 126 569 146 351 914 6.142 613.930 914 6.142 613.930 9.840 8.586 666 340 Pagc 40

D¢cu$ign Envel¢w ID: 6E78187fAD3s43cM7FF￿B97C4JEs5sA Foundation for Future London Notes to the Finanelal Statements for the Year Ended 31 March 2025 J7 Credilors: amounts falling due within one ye&r Group Charity 2025 2024 2025 2024 Trade crcdilors AcC￿al5 Talation and p¢nsi(yn5 Deferred In￿Me 62,865 d37,220 14,093 245 000 759 178 109,980 1,149,014 5,098 62.865 433.370 14,379 109,980 l.145,363 12,449 1264 092 755 614 1.267 792 18 P¢m$i¢)n and other ￿h*M¢S .D¢fin¢d ¢on¢ribu¢ion péffislom schem4 Thc group operates a defined eonlribulion pension scheme. The pension Cost charge Cor ihe year rq)resent$ ¢ontribuliOns payable by ihe group tts the scheme and arnDunted (0 £17,313 (2024 £24.532). 19 Financial illsfrnments Group 2025 GTOUP 2024 Charity 2025 Charity 2024 Crediiors D¢biors Cash {759,178) 35,151 2 206 032 1482 005 (1,264,092) 660.815 1916 662 1313385 (755,614} 146,351 2 098 355 1489 092 (1,267,791) 666,340 914 836 313 385 Page41

Docusign Envelope ID, SE781876.803543CB47FF￿￿97C4YE$SSA FoundalioD for Fulure Londo Notes to the Flnaneial Statements for the Year Ended 31 March 2025 20 Funds Croup Balance at I April 2024 IDcoming Re50urce$ expended Balance at 31 March 2025 Unrestricted fund$ Gtiier General Fund$ 1,101.721 216,482 (249. 516) 1,069,087 Designaled Designated Funds 150 000 Total llnr¢striet¢d funds .251.721 216,482 (249.116) 1,219,087 Restri¢¢ed funds Restricted Funds 1234 737 1033 482 262918 Tollll funds 313 384 Balance at I April 2023 451 219 IncominE resourc 1282 598 1482 005 Balance at 31 Mfftrch 2024 Rt50urces expend¢d Unrestrieted funds Genérrtl Gen¢Tal Funds 1,268,797 292,761 <459,837) 1.101,721 DÉslgxAied D¢signai¢d Funds Total llnre$tricted fllnd$ 150 000 1.418.797 292,761 (459,837) 1,251,721 Restri¢tf d fund$ Restricted Funds 2 261469 2 145 030 Total fund5 1.364.022 2 554 230 2 604 867 1313385 Page 42

Docusign Envelope ID. 6E781876-803543C8-87FF-OB97C43ES59A Foundation for Future London Notes to the FinanciAI Statements for the Year Ended 31 March 2025 Charity BJ14nc¢ al I April 2024 Resourtes expended Balance At 31 March 2025 resourt Unrestrlcted futtds General Geneiai funds 1.101.721 190,931 (216.477) 1,076.175 Designated Design&ted fi]nds 150000 Total Unrestricted fund5 .251.721 190.931 (216,477) 1,226.175 Restricted fund5 Wesifi¢ld Siratford City 1234 737 1033 482 262918 Total funds 313384 Blffite al J Aprll 2023 425 668 Inconblng sOU￿tS 1249 959 1489 093 Balance ot 31 March 2024 Rtsourcts expended Unrestrlcttd funds G£nérAI General ￿ndS .268,795 271.488 (438,562) 1,101.721 D￿ls￿l￿terf Designated funds 150000 TotAI unrestricted funds .418.795 271.488 (438.562) 1,251,721 Restricted ftsnds Westfield Straifurd City 2 261469 2 145 030 Total funds 1364 020 2 532 957 2 583 592 1313385 Page 43

Docusign Enwlop• ID.. 6E78187PAD3543c847FF￿g7cd3E559A Foundation for Future London Noles to the Financial Statements for the Year Ended 31 Mareh 2025 Deslgnated Fumds Th¢ TrU￿t¢S designated £150,000 from th2 general funds into a de81￿1￿1cd rc5tructUTing atm] tranSforn￿lOn to meet ￿>tential eXp￿dit￿e that may ari5t in Founduiion for Futurt London operalions. Wesffitld East Creatrye Futhres Fund The Wesifield Easi Bank Creative Futures Fund is a £10 million, five-ycar creativc prograJnmc ihal will providc jobs, l¢arning. Irainin& and ¢ducational opportuniti¢s through th¢ m¢ans of art, cultUTq innovation and creative pla¢Nnakin8. The out80ing r¢sour¢¢s represents indir¢¢t support ¢osts for wsc fom)ing part of Ihe programme. Page 44

Docusign Envelope ID". 6E781876-803543CB-87FF-OB97C43E559A Foundation for Future London Notes to the FinanciAI Statements for the Year Ended 31 March 2025 21 Analysis of net Assets betweeD lund$ Group Restricted funds General Total funds 2025 Cash at bank ond in hand Current asseisl(liabilities) ,943.114 724.027 262.918 2,206,032 724.027 Toial net asseis Restrl<ted furtds GenerAI T(JtAI funds 2024 Cash at bank and in hand Current &sset51(liBbilities) 1.306.637 (54.916 610,025 1,916,662 (603,277) Tota] net &8sets Chlrity Restricted fund$ General TotAI funds 2025 C&yh at bank in hand Current &ssetsl{liabililie5) .835,437 262.918 2,098,355 Total net &55Cts R¢5trictf d funds Gener•1 Totsl funds 2024 Cash at bank in hand Current &setsl(liabilities) 1.304.811 53 610,025 1,914,836 Totai net asse15 Page 46

Docusign Envelope ID. 6E78187&8D3543CB-87FF-OB87C43E559A Foundation for Fulure London Notes to the Financial Statements for the Year Ended 31 March 2025 22 Reconriliation of net movements in funds to Det £11sh flow from operaling activities Consolidated 2025 2024 Note CAsh flows from operating activities Net cash expenditure Investment income Dccrease in debtors Decrease in creditors (54.821) (91,482) 601,205 593 392 (347,362) (52,435) 257,968 220 006 16 17 Ncl cash flows from operating aciivilies 138490 361 835 ChArity 2025 2024 ]Yolt Cash flows frDm operating &ctivities Net cash incomel(expendilure) Inveslrnent income Dccreasc in dcbtor5 DecTease in creditors Dccrcasc in defErrcd incDmc 175.709 (91.482) 519.989 (267,178) 245 000 (50,635) (52,435) 217,916 (179,952) 16 17 Nct cash flows from operating aclivitits 92.038 Page 46

Docusign Envelopè ID.. 6E78187MD3543c847FF￿8g7c43EsS5A Foundation for Future London ]Yote5 to the Financial Slatements for the Year Ended 31 March 2025 23 Prior year compaTi50n of SOFA for the year ended 31 March 2024 UnrtstrittÈd funds Totsl 2024 Rtstricted f￿ndS Note In¢om¢ and Endowments from: Donations and legacies Other irading aclivities Invesimeni income 31,993 208,333 2,261,469 2,293,462 208,333 Toial In￿rne 292 761 2261469 2 554 230 Expenditure on: Charitsble aclivilie5 (209.101) (229.461) {2.145.030) (2.354,131) (229.461) Raising funds Cos15 of trdding aGliviti¢5 Total Ex￿nd1 459 835 2 145030 2 604 865 Nel (expendilwe)lin¢ome 167074 116439 Nei movemenl in fiind$ (167,074) 16,439 (50,635) Re¢on¢iliali•n of (¥nds 1.0101 funds broughi forward 1418795 1364 020 Toial funds carried forward 20 1251721 1313385 Page 47