C'ompanj. Teyxtraliorl T1￿￿[.. 09614?26
Chanty re8iStration llL￿nber.. 116.1753
Epic Foundation UK Ltd
(A company lirnited by gu8r8ntee)
Annual Re￿rt and Financial Statements
lor lh¢ Year Eth 31 tkeember 2023
Flintham Mackenzie Audit Limited
ch￿l¢rEd Accountants and Statutory Auth"tors
277- ?79 Chisiviok High Road
Lurmlon
W4 4PU

Epic Foundation UK Ltd
Contents
For the year ended 31 Dtttmber 2023
Reference 8nd Administrative Lktsils
TnLStees' R¢p)rt
2to3
Strategi¢ Rewrt
Slaternent of TnLSt¢e$' Resp)nsikn"litics
tndEpEnd£nt Auditor$' Re￿￿t
6t09
Statement 0(Filla￿l01 Activiti¢9
io
Balar￿e str￿t
Ststernellt ot Cash Fknv3
12
Note$ to the Find￿tal Statements
13to24

Epic Foundalion UK Ltd
Reference and Adminiytrative Details
For the year ended 31 December 2023
Mr Alexandre MaT¥
Ms Myriam Vander Elst
Mr ch￿l¢S Prevost
Suit¢ I
7thFloor
50 BroadwAy
London
SWIH OBL
The charity 18 inoorFornted illEnslan(L
09614226
Re*tr8tlon f4￿￿ber
Cbarlty ReOJti*ion
1163753
HSBC
City of Lts￿ll Br8n¢h
60 (￿een Victoria Sttwt
London
EC4N 4TR
Auditt)r
Flint[￿ M&cktnzie Audit L1rnit￿l
Cb&rt6red AccouDtaJrt8 And Statutory Audito
277 . 279 Cl)i9￿ck Road
Londo
W4 4PU
gel

Epic Foundation UK Ltd
Ti'ustees, Report
For the year ended 31 Deeembei. 2023
'rhL trLst*%. ￿,hO are Lilbii direLtorb tor the piwses É)t the Cumpanies Act 20Q16, pr¥$enl reEXIrt the
Iinan¢ial 51atcmcnts anLI aiiditors, rerM)rt of the chaTJh. lor Ilie veor enikd 31 DecemEer 2U23. 1.he Irusiees hai'e
adoptrd the pr()Iqsii?ns of Accountin8 and Rctx)rting bi, Charili¥s". statement ot RL'commended Praclib¢
applifyable Iv cbaTlties prerMTing their ii¢¢ounts in aet0rdll￿L Illth the Financial Reptsrting .Siandurd applicable
In the UK alid Republic {)[ Ireland IFRS 102) ieftrLli¥c l JanuaTh' 2015).
Objettiles And a¢¢lvi¢i
Objecls andoijp
pio FoiwLdation UK Lirniled is a re8lStered Charilable organi￿tiOn in the Uni*d KinB<&)m founded on May
29, ?015 iTrith the mission to siipwirt charirable and non-8oI-ernmLYital orBanisaiions iwludin8 biit not limited to
thos¢ on child d¢TrElopm¢11t and Mrlfare and thc proieelion OF Ihe enTr'ir(mmcnt Epic foundation
acc4)mplishes thL'S tnission either dyough ¢ontributions to any one or more ¢hatithblc or8anisatiottq or M. dLfLGt
fuwn¢E. l¢Glllllcal or tnanag¥￿1 assistance. but in all events tor ¢haritsble putwses, and ty ¢ngatse in un}. other
a¢iiTritics incidentsl there ti) or in adI.￿l¢¢m¢￿t of tlie fure8oin8 pufwbes.
Epic Foundation UK is primdTilv I(￿U￿e& on the ￿kIng of sJants to sothal and eharitable ownisatii)n$ ihat
promote the than￿ble al￿ of Epi¥ Fowidati()n UK. &)cial Liwritobl¥ organi5Qtions ivill ￿ ahle to apply for
llllt5 in accordartCL' iiith Epic Foun<Lqiion LK'S ￿aI1t p)lici. In dctor(14nc¢ ￿￿th Epic Foundaiiun's
Grant tnaknng p)Iicv in 2011 Epic FO￿)datIOn UK has 8tantLd £1:164,7m in tutdins to 15 noA-prolLts iit¥tkin8
]n 6 Countries gluiwllTr' to iinproN'¢ the lilt$ vf disadN'antaged children and yO￿h and the eniininment. The
Or￿niSatiOnS 1￿C[¢ seleLted bv th¢ ¢xc¢utiTre t￿￿ of Epi¢ Fi)undation UK in collahttrAtion Mith rese41rch
conducted b), F.pic I'oulldations and subsequetrtlh" rei'ithi'ed and dpproi'ed by the Directors ()f Epi¢ Founthttson
Objtt(¥ivu. stratye$ 4vNdudiipilies
(￿sa￿S￿tIOnS supwrted Epic Foundation UK as grantees are cumtl}' worki1￿￿ io mtsk"c ft me&5urable impacl
on topics including, but noi I￿lted to".
(a) Reducjng abuse, ne8lLcl and expluithtion ot'children and ￿'outh
(bi Prc)tecting nkntal health
Icl AdN?n¢ing gender equity.
Id) P[On￿ting or adi'anLing the al￿ future likelthoods of ehildrcn and youth
(el Supwrtins communities fL8h(￿8 Wvertv
In Proi¢clin8 the eniironinellt foT future 8cnerations
Pubhcbenefit
Th¢ trustces ci)nfImi that tky complied the requiremen15 of section 17 of tht C'harities Aci 201110
e due r¥gTutd i() IIIL public bcnLfit ￿1)da1]C¢ published b}. thb Chatity. Commissiun flir Ensland and WalLs.
(dl I'he allns c)f IlL' or8iiniiation Lvnlinue to be chariiable".
(bl'l"he aims and tli¥ i¥ork done identif￿￿le benefi￿ to ts Lkniilable sector and both indirrctl) and dirt*tly
tc) Indi￿d￿lI18 in netd.,
lvl Th¥ Eencfiis for the public. arL not unreasonal)Iv reslricled in any iin). #nd ¢¢rtuinl}' rwt b), abililv iLI paTr':
Idl Th¢re is no detrim¢n( i)r arising Irom the aitns actii'iliL¥.

Epi¢ Foundalion UK Ltd
Trnsttts, Report
For the year ended 31 De¢ember 2023
The ¢h9n'ty has £￿blished its W n￿)￿8 p)li¢y io dchieve its obje¢tives for the public IKnefit. Those ￿allt
kiw ar¢ c8Trfully con¥ideTed foT the ￿tUre scoF of the recipie￿1,8 a¢tiiYtte8, the cknritys obje¢ts •nd
the recipicnt'5 ability to prowly apply the wts towards th¢ aims of the
The rep)rt &pprov¢dlry thr trustees of the charity on... .... ..........
and si￿d on its t¢h&lf by..
d'l Fts%le
Pag¢ 3

Epie Foundation UK Ltd
Strategic Repoit
For the year ended 31 December 2023
The tn￿ters. iTtho are directors fgr the purN)5es of Comport￿ la￿. present their strat¢gi¢ rwrt foi dLe year end¢d
31 D￿nber 2023. in complionc¢ with s414C ot'the Compani¢s Act 2006.
AthieveDxDts and perfornwiee
The Qharity 5u¢cessfuily cattied out its objectives by makin8 grants and award5 in accordance with their
obJ"ectiYes.
During ts year. the charity Jn&dE 8fdnts of £1,164.700 (2022.. £1,076,549) a￿1 had related c08t8 for 0￿ratIonS
of £422.306 (2022.. £340.888) to i?rious ownisations includio4 edu¢atiOT4 sports. health. social care 8nd
othets.
Fln#ndil revieTV
The Irllstees ¢kli8hted to recei￿ donations and legacies of £853.49) fro￿ the Unit￿1 Kingdom. £669,276
from Europe. £104.766 from rest of the ivorl4 iyhich rnaik the lotal te¢eived of £1.627.532 for the year ended
31st tkcem&r 2023 {2022.. £1.763.236}. Of this £733.833 {2022.. £804,254) wa5 Testricted
TotAI rEsour¢es el￿nded for the year Wds £1,587.005 (2022.. £1.417.437} and the cFJarity tan rq￿rt a
net increase ill fund of £40.i27 (2022.. increase £345.799). Totsl urJrestri¢ted fund held a$ at the year en
3 1st Decemlxr 2023 £610.764 (2022.. £605,569) find total restrictal hI￿1held was £439,267 {2022..
£403.935).
PtslKy on reserve
The chprity ha5 Powtr tt> set oside in¢ome as 8 res¢rve agairn8t future exttnditute but only in accordance witb a
itten Policy about reserves to wver admjnistr811￿ ¢OSt$.
P14n$ for fu￿re perlod$
Aimf andkry otj* ed1V￿￿Or￿mÉmp¢p¢II0ds
The CO￿ of the clmrity's objectives are to emp)wer a￿1 prote¢1 Childr￿ youth alld our planet. The ch&riry will
contsnue to M￿rk with its key in the Epic I￿rkS and help more youn8 people.
The strategic reFQrtIN8$ &ppfoTrEd by the tnthES of the clkqnty on . .
nd SI￿ on its behalf by..
xandTe M
chai￿ Li
rs
Page 4

Epic Foundation UK Ltd
Statement of Trustees, Responsibilities
Foi. Ihe yeai. ended 31 Deeember 2023
ThL' ttusiees (Ivho also Ihc dirLclors i)t F.pJc I'L)undTrtiiiii UK Ltd tiir the PLirtX)ies Ot CL>IMPLiny laiil ar¢
respinsiblL tor PTLyaring the t[USl￿$, rewrt and thc tinLillLiiil slatemL'nl% in acc()rdaiicL Ivlth ihc United
Kin<Fdi)In Acci1￿)ting Swndar&' (Uniied K￿￿￿)M (ienLrdlli' AknLWted Acci)untlLlg Practjccl and appI1￿L￿1L laii.
Ind tLsiilalions.
Companv requitL'5 Ihc tTU5tL'L% to prcpArc finanLial %tatLm¢nt8 foi each financiiL l }'ear. lJrtder ¢ompxin!, laii.
the trustees must ni)1 approic tl)e fii)anctal %tstements unlc5% IhcTr' are sati%tied that thw. gii'e IL true and fair ￿le1V
of the stste ol. aff4iirs ol- the chariliibl¢ al￿ of its inil)min8 resowccs pplicatii¥n (s1- rebour¢es:
inclidin8 Its iTKC)nie and e.￿￿nditUrtt, for Ihiil P¢Tiod. preparin8 tile¥¢ f]nunGial statemL￿ts'. the tn]SiLLS are
required to".
el¢¢t SLUtablL aC￿)Uni1ng p(?licies appls, th¢m uMtsiilLnil)':
Ob￿￿tt the m¥lhod8 and principles in thc Charilies Sl)RP..
]x]akL judgetnenls and eStit￿leS thut are reas1)nable and pnLd¥'ni;
State ii'hether appljcahlty UK A¢¢ountin8 Standard¥ ￿]1..￿ tollo￿ed. subject til any nmteiial dep2rtures
di￿10s￿ and eiplained in thc financial .%taiertwn15: at
prewiL thc financial slaternenls on the going conLem babib unL¢ss it 15 inappropriaty t() prLsume that the
¢haritablL companv iiill continuc in h]SiAe%s.
'I'he tnLSte¢s respcinsible tvr k¢¢ping adequate a￿o￿nI1￿￿ rL'cords that ore butY1¢2ent to show and eipliiin the
cliaritablc compLln3I'S Irlln&?clii)ns dnd di￿¢10¥¢ ii"Llh rLas1)nable £lCCUtaLV yl an) tllnL thL fittancial pJsitioii i)f tlie
¥liariiable c1)lli￿n}, ond Lntsblb th¢m tii cnsurc thai the lin.?ncial stalemeiitS LC)mplF ivilh the Ci)mptnie% kn.I
?￿6. TheN' arL' albo rebyt>nbihl¥ Eor safc8u4￿d1ftg the aSiLt% lif the iharitable ci?tnpani' Qnd hence tlir iak'ing
redsonahlL bteps tor Ihe preiEnliiin and del￿tiOn of fraud and i)Ihcr i￿c8￿.11Ls.
Disclosure of 1nfOrnwt￿n to auditor
Each irustee has lakerl sl¢ps they ought lu haie takLn os a trnSiL'e In (Jrder Ii) make thLmsL,li'es awarc of anv
relei.anl audit intu[[￿117On and ic) establish that th¢ ¢haritV'% duditor is i1i4Jr¢' ot tliat intomk2li(>n trustees
¢ont-]mi that therL' is ni) relLI'Nnt intomution that thE}' i)ft'and ot. iithiLh they kniiik the auditor 1$ unaiiiitL".
Reappoffintmenl of auditor
In acci)rdan¢L Iiiih section 48) c?fr' th¢ C(Impanies AL't 2(h)(), il r¢solulion for the r¢-apFKiinlrnent of FIiL)Iliam
Ma¢Len2ie Audit Limited as auditors of th¢ charity. is ti) l)e proposed at th¢ tortlL'omin8 Ann￿￿1 G¢DLrlll
REp)rt of thc trii%tLe¥. ITicorwTating a stTategic r¢rK>Tt. approi'Ld b). thL trustees of the charitt. on ...
signed on ils ￿hall.￿..
Mr Alcxondre
Chaim]on '
rublL¢
Pagty 5

Epic Foundation UK Ltd
Independent Auditor's Report to the MembeiB of Epic Foundation UK Ltd
Oplnlon
We haiE Liudityl the linan¢ial stalcment> otr F.pic Fi)I￿l{l[L(l[l IJL Ltd (thL chariTr'l tor year ended 31
DecEm￿r ?023. Ikhich ciimprise die (¥l'Finoncial Actii'ities_ BnlJncL.Sheel. Siat¢Thcnt ot Ca%h Fli)iis,
and Notes tv Finanii<il Staletnenls, including sil1]￿ary. ol. bignilic&i)i aLc()unling px)licJcs. The tinancial
rLfrt)rtino
frnrt)¢iTriirk that has l)een applIed in Ih¥'iT yfLparaiii)n is United KingTd()m A¢Loutttin8 Sian￿rdS.,
e()mprising CharitlL5 SQRP - fRS 10? The I ￿ancial Rept)rtin¥ Slandatd api)ll￿ble in the IJK und RepubliL of
Ir¢kind' and applicablL lllii, IUnitLd Kinsdorn tiencnlly A¢oLPtLd Accounlins Practice).
This report is wlelN' i() Ihe cl]aritabl¢ ¢omrffjny's mEmbLY%. as a ixxJ}'. in a¢bordancL 14.ith CknptLY 3 01 Part
16 of the Companies Ati 2006. Our audit iiDrk l￿dertaken so thai iii migFhi slalt to thL charitable
compnnv's mcmi)er* thi)sc mattLrs lic are rtt4u￿ed ta bli4 1¢ lo in art audit()es Tepi)rl and r()r n(¥ vihbr
pwp)sc. To the fullest Lxtcnt perni1ttL￿ Liii., thi noi accLPI 01 as%un]e reswnsibility tlTr dn5.one vih¢r Ihan
th¢ ¢hurilablL Lompany ¥nd the charitable ¥onl￿nY,ts LncmlKrs ix)di'. lor QUF oudit iiDrk., for thi's F¢P)rt. ()r
fort￿ opinii)DS httv¢ forni¢d.
In our opinion th¢ finoncittl stateinents..
gii"c a tru¢ and fa]r of th¢ blate of the chariti b atluirb as at 31 tk¢¢mkr 2023 i)f Its results iiir the
year then Lndcd.,
hai'e beL￿ properly preparLrf in a¢cordan¢e ivith United Kingd()Tn (ienerall}' A¢¢ept¥d Accountill8 PraclicE:
and
haie b￿n pr¢porLJd in &cc¢)rdun¢¢ ii'ith thc requircmen¢b l)f tliL Companies Act ?006.
Basis for oplnlth
W¢ ¢onductcd our ll￿111 in accordance iiqth Jnlv5natii)nul LTrn Audilins IUKI IISAS IULII and
appli¥able laii. Our r¢¥y)nsibilili¢s under thi)8e %tandard% arL turther (￿￿¢￿Iled in AudiloT S Testx)nsibilities
Ii)r the diidit of th¢ financial sldtem¢nt¥ section ot. our rEkN)rt. Wu orc ]n<knFL￿aL￿l i)f thL charity In 0cLI)T￿l￿cc
Ivlth thL cthiC￿l r¢quiremenls Ihal ore releiant to our audit i)t the t-ll)anciol ilJlLillents in the UK_ Including thc
FRC'.% Etkncal Standard. and fultill￿ our otlw'r ethical restK)nsibilili¢s in a¢Lor&]n¢¢ ￿￿th tliese
requirernentb. W¥ ￿li￿Ve that the aii¢Jit ei'idcnce iiL. hai'e obtained i5 buffieierrt and apprnipriate kn proiick
isis IL)T ourupinion.
This report is rnodL solely to th¥ charitoble compary's m¢rnl%r5.
conckn%￿nI relatin% to going coneern
Wc ILII'L niiiliing tt) rcpL)rt III T25￿¢t lil- the folloiving maiiLrs in relation io ii'hi¢h thc ISAS (UK) requirL us ttTr
rLy>rt ts) iou ii'lK're'.
I￿. ttuslees Lise orth¢ b7llin￿ c£)nLem ba¥is of U¢bounting in the pr¢Faration of the IiiiiiTKiJI stalLThnL% i¥ nc?t
rvri)priatL. OT
the Iru¥lL¢b hai"e not di￿10￿d in thc tinanLial %ldteIEILiils ￿?1. idcnliti¢d Tnatcrial ill￿er￿. intlLS thal St
51glltlicani a{)u￿ aEK)Ut IhL ¢liai1t)"' s ability io ¢(¥nlinuc to aLii)pt the goin8 ciii)cLYn bd8Js nt. ucLountin8 tc)r a
I￿riOd i)I'at lusl li%'¢li"¢ mtsiiilts tti)m Jole tlw tinanciuj 51atcment% tsTe auihi)ri%¢d Èor i%%i
Page (I

Epic Foundation UK Ltd
Independent Auditoi s Repoi* to the Members of Epic Foundation UK Ltd
Other iTrform*tion
Thc tnL%tees arc rc5EK)nsiblL for t￿ oth¢r iiiti)n￿ltIon.-rhe other Infc)IIndlion cwnprises the irfomidtlL)n in¥lud¢d
in the annuol ieport, other thlln the financial 5tatemcnt8 aiid i¥ur audili)r'5 rep)rt thcrei)n. ()pinivn (In the
lll)ancidl ￿at￿MentS d()es not ¢ov¥r th¢ vther int4)nnation an(L Lieept to thc cxtent othenwse explicitli. ¥lated in
OUT TetK)It. 11¢ do not t￿pre￿$ ani, li)tm of assurance con¢lusi()n Ih¢reon.
In connection iTrith our audiÈ ol'the fin&wial %taletn¢ll15, our rLswnsibility is to lead the other inlÉirmaijoii and,
in doing $0. t(>nsid￿ l1.hcd￿r the otheT intornwlion is matLrialls in¢i?n5i5tent ivith finaiicial slalement% or
our knoii,ledg¢ iilAainLd in the uudit vi ot1lL￿1i￿e ap￿r* ti) b¢ malerially misstThttd If identity, such mai¥rial
U￿OnSibLeD¢ies or dpparenl maleTial n)IssthieTn¢nlb-, 14¢ required to deteTtninc whether ihcre 15 a moterial
i8statemcnt in the fIna￿l&l slalenrnts- or a material misilatement of th¢ othet intonnation. It. ba]%Ld on thL
14K>rk M'e haN'¢ ttrtornied, c1)n¥1￿1¢ that there is U tllulerial missLLiemeni ul. ihis it)fomiaiiun. iTre are
required tv T¥tx)rt that ta¢t.
We I￿ve nothin8 to reFX)rt in this regard.
Opinion other matters pre8L,dbed by the Compmnles Ad 2006
In Ol￿ Opinio￿ ba8ed on the und¥"rtaken in the coursc of thL 8udit.'
informlltiim ￿l'cn in thc Strale8ic Rewrt 'frdstee5' RepK>rt for the l-]nancial Tr'eor f()r iv]ll"ch the
financial statements arc PTcp&red is consistent ivith the fjnancial state￿￿t5. aml
tFL' SITalegic R¢wrt and Tnxsl¢¢s' Report hLi¢ EL'en prepaTLxI in a￿￿[dance with applicable IL8al
rcquirements.
Matters on which we *re re4ulred tv report bv ex¢¢ptioD
In the 118lit of our knoii"led8e aiid u￿derstandIng ()f the Coin￿nY and its cnvironmLmt obtaincd in the toursE of
the audit, I￿e not iikntified rnaterial misslalemEnts in lh¢ StraieBlC ReFK)rt and the Trusit*s' Kewrt.
We hai'e nuthin8 10 rewrt in respxt of the f(Illo1i￿g maticN ivh¥rc the Com￿￿1¢$ Act ?006 requires 10
rery>rt to )'oii if: in our opiniiin.
adwuate aecountints [￿OrdS tmi'e not kcn Lept. or r¢iurrL% adequate tor VUT a￿lt haTre not been re¢eANEd
rrvTn branches not i'.isil¢db}' us. or
thL financial %latements are not in agrcenent i*ith the acci)unlin8 r¢coTds and relwns; or
cerlain disclobures 0l-tn￿leeb remuneration >l)rrilied bTr' laiv arc not madc" or
have noi reccii'ed all th¢ inti)rmotJon and eNplanaliO￿% lie require ltsr au(ht.
Responlibililies of tYu$lees
A5 more tiilty ￿ tlic .sthi¢ML￿t of I'rustee5' RespL)nsibiiilies lsd uul on pige 51. Ihe irusteeg ore
reswnsible fi)r the prcparatiÉ)n c)f thc financial thlctneirts and tor bein8 salistied ihat tliev gil'e a trLI¢ lair
and for sii¢h Int￿￿1 control as IIK. tr￿teL% de¢emiine is nLceJsary to enablc the preparolion of fJnanLial
ststcnKnts that are Iree froni ￿terial mibslateineDI. ii,h¢thLT io traudoi eTror.
i preputing th¢ r[1]ar￿7aI %iLlteinciits. thL tru¥tcc% are rLsrx)nsible foT a55¢5bll)8 th¥ ¢hatils' s abililv to ¢'i)ntinuL as
li gi)ing discli?sinu ab applicahlL. mnttLrs related i() 8OLll8 concem u5in8 ihe going tOTJ¢¥Yn ba￿lS i)1
accounting [￿lesS Ihv tru¥l¢¢s either intend iv liquidate thty ￿h￿ri￿ or tl) (wratii)ns, or haie i]D realistic
alietnntii'c but to do $0
PiigL 7

Epic Foundation UK Ltd
Independeni Auditor's Report to the Members of Epic Foundation UK Ltd
Auditor'5 respon$lbllilie5 for the Audit •f (h¢ (Inanelal statements
(J]r vbjwtiirs are Ici i)biain reD50nablc ￿$surAn￿t aLx)ut Sil￿tI￿r the financial stal¥tnents as a ii.IM)le are free
nmlerial misstat¥mEnt, i*hether due to f￿￿1 i)r ¢￿)r, and tc¥ an auditl)T'S report tK?t include% i)ur
opininn. Reasi)r&ible assuran¢e is a h]sb I￿e1 ol. assuTance. bul is n(>i a (Tuaraniee thiTrl aiTdil ci)nductoJ
accordancc iK*th ISAS Iukl li?11 ali¥avs deleGt a material missi4￿n￿￿1 iTrhen it exisii Missl4i¢mcnls ari¥e
from or error and orL' cÉ)nsideTcd materjol it. indiiiduallN or in the a¥￿e￿ate. they could reasL)nablv be
eipe¢ted to influcnce the e¢i)nornic deci8iott% of u5eT% taken i)n the basis Lif these financial sia(eLnenl¥.
A¥ part of an audit in a¢cordance ividi ISAts- (UKI, eNer¢is¢ pwfLSsional judgement and rnainiain
profL%sion&l 8cepii¢i%m throu8hÉ)ut the audit. We alsi>'.
Identify and awss the risks of rnut¢tial misstatLTt)¢nt ol. the financiol sttAtemellts. iTrhether due tu fraud or
eLTor. desiw and wfomi alldil prvcedures rtsp)nsivt to tliose risk-& and obtain &udit Ll'idenG¥ that is
SLitlicient and appTowiate to proN'ide a Imsis for our op1￿￿ll. The risk- vf llot dLlecting a matcrial
isstat•n¢ni resulting from fn)ud i% hi8her than foriine resultin8 trc)m eTt()r. as Lraud ini'.uli.e collusion,
tor8ery. ￿t￿nI10nal omission& misieprescniat10115. or the oi"Lrrid¢ of internal contrul.
01)thin an undersknndiL)g ol- Irlternal conirul t¢ltTr'ant lo the audit in order to d¢sign Audit procedure8 tha( arc
apwopriatc in the cir¢uEnstance8_ but not for the c)feNpre5sillLt an opinion on the elfe¢iiiYness of the
chariry s inlenml Wntrvl.
Eialuale the appropTiatcness of accountill8 rM)lictes used and the rea5v￿bleneS5 of u¢¢ouniing estimotss and
related disclo%￿ madc bv the In￿l¢CS.
Ci?nLlude on th¢ appri)priaien¢ss of the irus¢¢<% use of the gc)inrN ei?ncem basis of &ccounling and: hased on
the audit ¢N'idenc¢ i)htsined. Ivheiher a uncertaintj e.Kisl>' related lo ei'ents or conditiott% that ma},
cast SI&￿1r1¢allI doubt on the Ghority s abiliry lu ci?nlinue 2E S d Boing concem 11 11¢ bonclude thai a mJterial
UYILLfiainty exists, lie are requ￿ed to draiTh attcntion in i)w audilor"s re￿rt to the related disclosur¢s in the
tinoncial sidletn¢nts i)r, if s￿h ditsclosures are inJLl¢qualL, IÉ) nM)dityi our opini(>n OL]T cnnclusiDns are Ew¥¢d
4)n thL' audit eigdence obtained up to the ddte ot our auditor s r¢EK)rl. Hoii"cTr'er. tlliUT¢ cvents or c()nditii)ns
Ca￿$e the charity. ti) cease t() continue as a g()ing concern
Evaluat¥ th< over4i11 presentaii()ii, structure and ci)ntcnt of thL tinuIicial statemets15. includin8 the di5closwes,
Dnd ivl)ethcr the til)1( ncicil stuternaits re￿¢sent tlLe ￿]d¢[1)Ing transa¢tii)ns eNEnts in a TnannLY that
achieN'¢s fair prcseiitatiort.
Obi£iin tswffjcieni appropTiate audit evidence re8OT(Jing the tinancial infÉ)mwtion i)f the entities or business
ctIVLIic5 iTritliin the charity. to express an i)PilliOll l>Q th¢ f]nancial state￿￿￿[5. Wc a￿ tCSEX?iisiblc fur the
direction. ond pertorrllancc of the LhaTitTr 4udit. We r¢TMLll ￿le1}, respxmsible for out audit
L)pinion.
We ci)rnniunicat¢ ii'iih th05¢ churuLad ivith gtsi.ern￿kne r¢garding, &mtrng other nwtters, the pLinned scope and
liming c>f thc a￿17[ and si8nJtiLonl audit findin85. incluth'ng Jni. bi8nifi¢ani dEficiLncies in inÉLrnal control that
ideniif%. dunng our ttudit.
Page 8

Epic Foundation UK Ltd
Jndependent Auditor's Report to the Member5 of Epic Foundation UK Ltd
Use ofour t*pfrrt
This report is madc solely to the tharilable coTrpany's t￿￿tees, as a Ert)dv, in 4ccordanR ￿th Chapier 3 of Part
16 of tlLe COME￿nIeS Act 2006. (￿r audit work ha$ Eten unikrtsk¢n so that mi8ht state to the charity's
tn￿lee$ those rnatters w¢ ar¢ requirsj to state lo them in an auditor'$ resK>rt and lor no other purpose. 'I'o the
fullest extent pemutted by law. we do tM)t ac¢ept or Trsponsibility to anyone other than the choritable
L'.% ab u Ixid!.. Ic)r our aiiLtit for thL'8 reixirt. or for tbt opinions we have fornied.
Brij'l'antja (.
'(Ir Jnd i)n IK.
Aiiir Stdluio4 AuJ]"Ic?Tl
ilt ol. l.'Itnthuin ￿￿￿K"￿￿.1l Audii Limited, Stat￿Ory Auditor
Chartered Accounthnts and Ststytory A￿￿"torY
277- 279 Chiswick High Road
London
W4 4PU
Page 9

Epic Foundation UK Ltd
Statement of Financial Activities for the Year Ended 31 December 2023
(Ineluding Income and Expenditure A¢¢ount and Statement of Total Re¢ognised Gains
and Losses)
Unrestrf¢ted
nds
Regtricte
Tot
2023
Note
come and Endowment$ from:
Donation& and leguciL
Tothl income
893,699
731,833
1.6?7.j32
893,699
733,833
1.6?7,532
Exp¢ndi(ure on:
Raising tunds
Charitabl¢ u¢li￿tieS
(199.984)
1688,i191
(26,284)
(67? ?17)
1?26,2681
[1.-160.7361
Tothl exrenditure
Net income
(888.503)
1698.501)
(1.587.0041
i.196
3).332
40,528
Net Th)NEment in tunds
5.195
3),132
40,528
Rteonciliation of funds
Total fun(L8 brought f0Th￿d
Total cArtied lor4Trard
60i.569
4(k3.935
1.009.5n4
17
610.76)
43C),267
Restrict¢
Unri'%tritled
ds
Tot*[
2022
Note
*nd EndoHTh*nt¥ from:
lknnations and ley¢ies
Total incoTn¢
958.982
804.2i4
1.763,?.16
J58.982
804,2)4
1.7(?3 136
Expendithre on:
RaJsin8 funds
Chdfltable ￿cti￿tieS
1126,233)
(i52_705)
152.4411
1686.0581
1178.6741
11 ?38,7631
Total expEnditLtre
Net income
1(17X.938)
1738,4991
11.417,4371
?80.O44
6i,755
345.799
Net moi"ernent in tu￿1$
?80.()44
6i.7i5
345.7CJ9
ReconL,llkntlon of funds
I'otal funth brou8hi fonkard
Total funds ¢atricd forni?rd
325.525
3314.180
CI63.70i
17
i.5CI9
403_93i
I.IM)9.i04
All of the Chariti s a¢tiiilies deri1* fft)tn ¢iintiniun8 opcrations the aknve Thvo ￿[l￿d&.
The tLuN15 bre8kJ)wi fur ?023 is shoiNn in TK)te 17.

Epic Foundation UK Ltd
(Registration number: 09614226}
Balance Sheet as at 31 December 2023
2023
2022
Note
Flxed *ss¢ts
Tangible assets
Current *ss¢ts
tkbtors
Cash atb8nk" ond in band
247
493
12
13
258,241
834,136
175.091
895.41)
1.092.377
1,070,5(kS
Credltorn: Ahmnts falling due wlthiTr fjneyear
Net Lwrrent ￿tIS
14
{42.5921
i(?1:495)
1,049.785
l.(K>9.011
Iyet assets
1.050.032
Funds of Ihe charity:
RestJiet¢d f￿ndS
Restrict￿ fl
439267
403,93)
Unrestricted fithds
UnT2Stricled funds
610,765
605.569
Total fwids
17
1.050.032
1,009.i04
anci&il stai¥￿i￿nI￿ c)n pugc% Iii til 24 iiLre apFr(Iiid bi. thL trust￿￿. and auth1)ris￿ flir s*8￿ L)n
>i&JLsd i>n thLir EK'half lD".
Chairn)an
d'l"TU
Pa8e 11

Epit Foundation UK Ltd
Statement of Cash Flojvs foi. the Year Ended 31 Derember 2023
2023
2022
Not¢
Cash flowi from fjp¢r4ting xtivities
Nel cash incoll
40.528
345,799
Adjustments to Lxih flows from DOn￿8$h Itern¥
tkpTe¢iauon
246
246
40,774
346.(W5
Working capital ¥IdJ￿￿ttneThts
Increase in debior5
LkGrease in creditor5
12
14
(83.1501
118.9031
137,392)
Net ¢ash flow5 from 0F￿ratIng &CtiFiti¢s
Cash Iloivs from inwestlngAdivities
Purchase of ran8ibl¢ fLxed assets
(61.279}
297,i17
(740)
Net (decrease)lincrease in cfrsh and cash equiiilcnts
Ca5hand cash w￿1£￿15 at l Jalluary
Cash and ¢ash equiTralents at 31 Dtt¢mttr
(61.279)
296.777
895.415
598.638
834.136
895.415
All of the cath flows are derived from ¢ontsniiin8 operations durin8 the atx)v¢ hv(p FTiod&
Pa8e 12

Epic Foundation UK Ltd
Iyoles to the Financial Statements for the Year Ended 31 Deeember 2023
I Charity stalus
The charity is limited by 8uarant￿, incorN)rated in England, and con8¢quentt)' does mi have share capital. Each
ot the trust¢¢s is liable to Contribute an￿>￿t rK)t &Nceedin8 £1 toW￿d$ the assets of the charity in the event of
liquidatioJL
The address of tts rwstered otTi¢e is".
Suite I
7th Floor
50 Bn)8dway
LoT¥lon
SWIHOBL
2 Aetountlng polioi¢s
of significant &CL￿UntIng policie8 and key aecMhting¢stimate5
The pnncipal accounting ￿liCleS applied in the PWaTation of tbese fJnan¢ial statements are set out ￿lOw.
These p)licies have t¢en consistently appliedio all the years presented. ￿nIC5S Other￿Se stated
of Complian
The tI￿ncIal statements hav¢ t*en ptcpared in accordance with A¢¢o￿tIng and R¢FQrtin8 by Chan'ti¢s.'
Staterllent of knommended Practice appli¢able to charitles Ixyrin8 their a￿0￿1[5 in accordance with the
Financial R¢p)rting Stgndard applicable iti the UK and Republio of Ire12nd (FRS 1021 (effe¢tiTrE l January
2015) - (Clkqritie$ SORP (FRS 1021), the Fillancial Rewtin8 Standard applicable in th¢ UK and Republic of
Ireland (FRS 1021. Tkny also comply witlL the Companies A¢t 2006 and Ch&tities Act 2011.
B&$ls tsf prEpar4t￿n
Epic FouThlation UK Ltd Tneets the defmition ol. a public iEnefLt entiry ￿der FRS 102. Assets and liabilities are
initially recowed at h￿riG￿l cost or ttansaction value unless stated in th¢ rcl¢v4llt accounting
)li¢y Th)tes.
Going effli¢trn
The financial ststerllents have been preparedon a going ¢oncern b4si$.
As at the date of thi$ report, the tn]siees Consider the charity to be r¢silienl considerin8 its healfy fu￿le181
EK151tion ￿th Contin￿￿8 donations Eeing received. the support of the trustees atMI robust ¢hariiable continuity
plan& Notwithstand]n8 thL5 the tn]stees re¢ognise an I￿reASed level of ￿erta]thty over tILe st￿rt temi
optK)rtunities and are continuously ¢valuatin8 the risk.s of ¢COTK>mic factors as they ullfol
The tr￿teeS believe that there are no Tnaterial uncotsinii¢5 eff¢cltll8 t1￿ charit% s ability to continue a5 a 80in8
concem nor any significant ￿eaS of concern that aff￿t the Ca￿ing value of the a￿t5 F¢¢ld by the Charity.
Incon* and endowmeTrts
All incomt is re￿8￿￿$¢6 ouce the charity ha5 entidement to the incorne, it is tffotthble thot the ￿￿OMe will be
received and the amount of the I￿OMe receiN'able can be n￿L￿1 reltab]y.
Pa8e 13

Epic Foundation UK Ltd
Notes to the Financial Statements for the Year Ended 31 December 2023
Donations and kgades
11)natic>ns are Tecn8nks¢d I1￿¢ll li￿ ￿h￿it& 1kns1)een ni)lifiLd iii iiTitillg ol'bi)th th¢ ￿4)￿￿1 l￿d tsLttlLmLnl di?te.
In tlK' ei'eiil Ihol a di)i)iltii)n is sul4'Ltit to ￿]ndit]￿n5 IFL1t reLiuifL' d l<N"el i?I' peili)ttnunLe b). the b1￿￿ttY E¢fore rh¢
dmrity. is cniitled lo IhL timds, thc Tneiime ib dLfcrrd and Thil ILi08nis¢cI until either tlic)gv condiliorib arL I'ulli,
m¢1. {)[ the tuttilment i)f thi)s¢ ¢onditkiJnS is TrTrlx)11}' ii'ithin thL Loniri)l {)[ th¢ charity. and il is pn?bal)le tlut thi%L
7nditions ivill Ee fultill¢d in the rep)rtins ￿riL)d.
Eipenditure
I ￿￿￿'TK1itUrL is r¢ci)g)ised thcre is a ICJO I c)r ri)n%tructiTrE obli8ation tu that Lynthture, it is wc>baF>le
settlthn¢nl is required and th¢ aTnoLint can bL mett%ur¢d rLliabl)'. All ci)8ts atL' ullncated ti) the applic£1ble
eipLnd1li￿e hedding that ￿￿gre8alL similar ¢()51s ti) that catL?81)n,. WheTe c()stb cannot kn. directl}, altsihuted Ic)
portiGiilar headin&s thev haiE been allc)cated c>n a busis Li)nsistL￿1 ii'ith th¥ ub¢ ol resources, Ivith ¢eniial
¢o%tb allocated on the ba%is ot timc sTrnt, and deprttialion cKiryeg allo¢tsted the ol. lh¢ asset's ￿..
(Mer biipport costs ar¢ allo¢ated Ex]sLQ ¢)n thL' 8pread i)f stnft LÉ)%t
R*l$kng fvnds
These dre ¢L?Slb' inciwred in attra¢ti]Ig I"i)luntary inii>mL. thL mana8Lmcnt of I￿￿￿￿¢T￿entS ortd th0sE incutTed in
tradin8 aCtiviiiE5 that raise fillOs.
Cknaritmble a¢tivilies
CharilablL LxpendiluTe cL)tnprisL% those IncU￿ed bl the ¢liiirily iii dclii'¢ry (jf ils actiiilie% and ser¥iees
lor its. betwficiartLS. It i￿lUdl.￿ FK)tli costs tlwt Can k" alliKal¥d directly Io b￿￿ aclii'ilies thL)be ct)%ts ot on
inth'r¥cl nature ￿¢£￿Th, lu suppN)n thcm.
Gn)nt eommitments
c()Mniiln￿t for 8iant¥ ale ￿ade ii,hen di¢ inientii)n to makc a IYt)nt has communi&ited io thts" reeipi¥nl I￿1
ar¢ subj'ect to condiliurLStI)at have Th)1 l*¢n at i'￿T end.
Support costi
Support costts- it￿lU{]￿. central fwc150ns l￿d Ic) actii'ity ¢v¥t cute8ories on a bas1% COtISL>ILnl
th the ￿%¢ lit resL)urces_ fvr exaLJLpIL, allocdting PTopuh' co4ts b}. floor tsreas, or per capiia, c()5ts l)v the
tim¢ S￿nI and other u)sts by their Uba8e.
I'hese include c<)sts Jitribwabl¢ lii the charity-s ￿l￿pIla￿Le iwith cons(Itutii)nal and ¥tatutors- requtremenls:
ir￿lUdIn(￿ audit, 51r&tesic maTri8emLiit and tru%tLes' mLrlin85 aiid rL'1mb￿5￿ eiprfnses.
Tax¥tio
Th¥ LS ciinsidered til pabi the tests >i¥t ()ut in Parasrnph I Sc￿di￿L 6 01. th¢ filMn￿ AL't 2010 aTtd
tlwrL'liirt Lt meets tlie dL'tinilii)n ot d Lhariiabl¢ cornpanv fK)r UL ¥0￿miTati(m lax PLifposL%. kn.LL)rdinsli'. th
charTlI' i) LXLnwl fTI)m taxation In [¢8￿¢1 i)t' inci)niL i)r capital gains receii-Lxl iiithin LjiiebTiiriL%
oi'eTed M Ch&pÉLr I Vail I l i)I' Ihc CorFK¥ralic)n'l a% Act )0111 ()[ Sectiun ? )() ot- Ihe TIix4?lion i>t' Chiirgbiilile
CiditLS Act 11)92, 10 exlLiil thL?1 Inti)mL l)r gain% are appliiQexclusi%EI!. Ici choril4?ble purwstti.
Tangible a55cts
Indii'idLioI tJNLd assets arc 1illtiallTr rL'Eorded al Li)51. ILSS iinTr SLI￿.￿u¢n[ ￿LumUl￿lted d¢prL'cialion ond
SU￿-e￿￿enl accLllnulaied imi)airmcnt IossL%.
Pa8¥ 14

Epic FouThda¢ion UK Ltd
Notes to the Financial Ststements for the Year Ended 31 De¢embei' 2023
DepTtd*don #nd *knirtisation
tkpre¢ithtion is provided on tangible fixed assets so a$ to i￿rit¢ off the cost or valuatioll, less any estiTna*d
residual value, their expected ￿sefUl eCo￿)mit life as follom's..
Asset eJasJ
otYi¢e Equipment Depreciatio
Dep￿￿tIon method and rnte
33Yo Straight Line Method
Cx$h #nd fash equivalenti
Cash and cash equii?lents cornprise Gash on ha[￿ and Call depo$il$. and other 8bort-tem] highly ]iquid
inv¢sttnents that 8re readily conTrErtible to a knowi arnount of cash and arc 5ubj¢ct to an insignifi¢ant risk of
¢haT¥ in val￿.
Forelgn exehang¢
Transllctions in forei8n cufTen¢ies are recorded at the rate ot. exchange at t￿ dat¢ ol. the trallsactiorn Monetary
asset$ end liabilities d¢nomin4ted in forei￿ curreneie5 at the balan¢e sheet date are reportcd at the rates of
exchan8e pre￿il]ng at that dat¢.
The resu]ts of overseas opeiations are trdnslatd at t￿ avera8e rates of txchaTJ8e dun'n8 the Fri(xl 8nd their
t￿lance sheets llt the T*tes nJ]in8 ai the balance sheet date. Exctw]ge differences 4ri$ing on translation of th¢
opening nel asset$ aJLd results of overscos 0￿rationS are rwrted ￿ other cOmp￿￿enSIVe ￿coMe dnd
atcumulated in equity lattritwivj to noo<¢mtrollin8 interests as appropnate).
OEh¢r excknge diff¢r¢rLces are reW￿lS¢d ill the Staten￿t of Finan¢ial Activitie$ in the period in whi¢h they
arise except for".
11 exclwwe dityerertes on transactions en*red into to hedge ￿tta]n fo￿18￿ currency risks (see alx>i'e);
2) &xchallse differences arisu]8 on gains or 1055e5 on non-m0[￿stV items which are r¢¢o8nised in otljer
¢omweknive in¢om¢: and
3) in the case of the cort%olidated fjnancial slalrTn¢nls. eNcban8e differeTKe5 on monetary items receivable from
or payable to a forei￿ OFtration for whi¢h sclllcment is neitheT Pla[￿ed nor Ilkely to o¢¢ur ItIMeEore foTming
part of the net im'estsneni in forei8n 0￿&¢10￿), which are recO￿ls¢d in other comprehEn5ive It￿Me and
[tE￿¢d under equtiv.
Fund strneture
Unr¢stricted iwm¢ funds are selle￿1 funds for OFtrntions (F￿gr￿￿T￿tlc and 80ve￿all¢e} as well as
non-earnwked donaiioDS for ￿ntmakIng, to ix allwaied at the trustees's dI￿retiOn in turthe[a￿e OE the
obj'ectiits of the cbarity
Restri¢t¢d incorlle fuThl8 are tlK)5e donated for use in 8 5Mrticular ar&L or for SFe¢ific purp)ses, the use of Thbi¢h
Is r¢stri¢ied to that ar¢a or PLllPOSe.
Page li

Epi¢ Foundation UK Ltd
Notes to the Finall¢ial Slatsments for the Year Ended 31 December 2023
P¢n$lons and Other post retirement •bllgatlon$
The chrity or£rates a defind ¢ontribiTtion Fension stheme whith is a peTLsion plan u￿leT which fixed
contributions OTf paid inlo a pension fund and the chatiry has ￿ legal or con$tru¢tive obl[￿tion to pay fllrtl￿r
contributi()n$ ￿'en it. tlie [[￿ does rK)t hold sUtli¢i￿t assets to ￿5. all employee$ the ￿￿etit8 relatin8 to
empioyEc s¢Tricc in the culrent and prior periods.
C￿)tri￿tio￿s to d¢fmed contnbution plans are teco8nised Jll the Siaternent of Finan¢ia] Aciivitses when are
th￿. tf contributionpayn*nrs exceed the contribution foi s¢rvicc. the elcess is reco8nised as a prepayrnent.
3 Incotne from And l¢8a¢l
Unreslricled
tlthds
Restrltt
Total
21123
Total
2022
Gener•1
Lhnations and le8atie5'
Donations tr(>m Indiiiduals
893.699
733.833
1.627,532
1,763.236
893,699
733,833
1.627,5?2
1.763.236
4 Eipendlthre on rni81ng fwids
Costs of genorntlng donations and kg4cies
Unrestrleted
fund3
Restrieted
lI￿d$
Total
2023
Total
2022
Gener41
Note
Fund roisin8 events
AIIoc4ted suptx)rt ¢L3Sts
55.819
144,165
26.281
82,100
144,1()8
4i.S()9
132,76)
199,984
26,284
226,268
178.674
5 Expendithre on th4rit4bie aetlvlrfe$
Page 16

Epie Founda¢ion UK Ltd
Notes to the Financial Statements for the Year Ended 31 De¢ember 2023
Unrestrieted
nd*
Rtxtrieted
fund$
Total
2023
To¢ai
2022
Gen¢rnl
No
Grant fu￿J)ng of
activities
Ailucated 5UPPOrt ¢o$ts
Governatte cost5
492,483
146.656
49,380
672.217
1.164,7(K)
146.656
49.380
1.076.549
120.232
41,982
688.519
672.217
1.361),736
1.238.763
Unrestricle
d$
Re$trlet¢d
Total
2023
Total
21122
CenerRJ
StK>rt$
Health
Edu￿tIO[L
So¢ial care
Others
53,000
7216
26.071
337.951
264,281
li.(KK)
93.084
237.129
226.049
100.955
68.IMJ)
l(M).3(K)
263,200
564.000
365,236
I￿.272
84.913
522.648
263,038
177.892
688,i19
672117
1.360.736
1.238.763
Pag¢ 17

Epic Foundation UK Ltd
Notes to the Financial Statements for the Year Ended 31 December 2023
6 Anafysis of rnising funds support w$tsy govern4nce diaritsble Bupptsrt eosts
Support cost& Allocated to r*iskng fund8
Unre81ricl
fund$
Rutrk¢ed
nd5
TotAI
2023
Tot41
2022
General
Offi¢e eyttL%es
568
359
359
Wa8es and salaries
Sthff NIC {Employer5)
Pension ¢ost
Trnv¢lling
9),154
9.)90
2,528
6,466
3.666
1.319
968
12.96l
66
47
10.762
2.724
10.762
2.724
7.6il
182
2,572
13.407
7.6il
182
2,572
13.407
TraLk SU￿¢riptiOn8
Consultancy fees
Bank" clwges
Bank ¢h￿Se5
(Xher IKnefits
i18
3.311
144,165
518
3,311
144.168
132,76)
Govern￿¢¢ co$ly
The 2023 fmancial state￿￿￿ts include costs ithi¢h are corn(ly allocatyl any)nw fthLdrAisin8, governan¢e and
supw)rt cate8ories as thB delinitions i]k the Not¢5 to the Financial Ststements lor tbe Year Ended 31
tkeellthr 2023.
UDre8trftted
fimd$
Tot
2023
TotMI
2022
General
Sthff ¢05t
Wa8es and sa]#ri¢$
S￿1￿1 8ecurity ¢ostS
Pension costs
Other ststT cost5
Audit fe¢s
Au(h"t ot. the fLtJancial State￿￿nts
Other tees paid to auditors
Other 8ONEman¢¢ costs
12,149
{8.3831
255
2.098
12.149
(8.383)
2)5
2,098
396
10,?57
8,41KJ
24,604
10,257
8,400
24,604
9.600
10,760
21.226
49.380
49.380
gll,982
Page 18

Epie Foundation UK Ltd
Notes to the Financial Statements for the Year Ended 31 Detember 2023
202J
21122
aiitAble wpport eosts
Wa8es atul salaries
Enterta￿meTht
Staff NIC IEmploycr5)
c￿¢￿ benefits
Pension cost
Tra￿111￿8
71.967
233
6,855
1.427
.315
5().lJ48
j.(b5?
Trade subscriptions
Consu]tsn¢y fee5
57.250
146.655
7 Trnjttts rnwneration and ￿penSeS
There iveT¢ no tnJsi¢e$ reruuneration or other ttn¢fLts for the year endd 31 DEceTnber 2023 n(x for tbe Jear
ended 31 tkcember 2022.
Trnstetst Exwses
£4,399 was in¢urred for travel and a¢¢omTTKthtion for Ms M VaJkn4et El￿ as trustee's travel eX￿)Se$ for the
ye8r ended 31 DeCe￿I￿r 2023 (2022.. £7.132)
8 Staff eosts
The a88rega* payroll eosts as followd..
2023
21122
Staffeosts the yur were:
Wa8e$ Salan"es
Social S￿urIty Costs
Pension Costs
ClhEr staff costs
186.227
9,235
4.691
6.836
l52.lQ2
15.242
4.245
206.989
171,i89
The rnonthly avera8¢ llLunlKr of [￿r￿nS (includin8 senior rnaDagem¢nl team) employa by & charity dwiti8
tiR year expressed as ￿1] titnc equiv2]ents as follo1￿3..
21123
2022
Average nwnt*r ot ernplo}'ees
l employee re￿]ved enK)Iw)Nit$ of rnore than £50,(KM) dutill8 the year.
Pa8e 19

Epic Foundation UK Ltd
Notes to ihe Financial Statements for the Year Ended 31 December 2023
9 Audltorj. ￿m￿nerAtion
2023
2022
Audit ofthe firnNial btateynLmts
9.6(Xl
Paue 20

Epie Foundation UK Ltd
Notes to the Financial Statements for the Year Ended 31 De¢¢mber 2023
Thc auditors cbar8ed £4.8(K) for wn-audit s¢rvice5 12022.. £6,OCK)) arKI anassociated f￿M charBcd £3.600 (2022..
£4,760) for other accountancy seTh'ices.
10 T¥Jxatlon
The ¢harilTr' 15 a ie8iStered ciwity and 1$ therefore exernpt frotn taxatio
11 Tangible fixed ￿lets
Furnl¢ure And
equipment
Total
Cost
At l Janu8ry 2023
740
740
At 31 De¢¢miEr 2023
740
740
Dtpreeig4tion
At l JauuaTr 2023
Charge forthe yeBr
At 31 Decetnlrr 2023
247
246
247
246
493
493
Net book valu¢
AL 31 DecemEtr 2023
247
247
At 31 DettmEer 2022
493
493
12 Debtorj
2023
2022
Trad¢ debwrs
ents
(hher debtors
2>7,324
917
174,S89
500
2)8,241
175.091
13 Cash o)sh ¢qulv*krtts
2023
2022
Cash at banL-
834.136
895.415
14 Creditors: ￿n￿ll￿t$ falling due Tylthin one yeAr
Pa8E21

Epic Foundation UK Ltd
Notes to the Financial Statements for the Ended 31 Detember 2023
2023
2022
011￿ tAxation md ￿1&] seGwity
Oth¢r ¢LEdito
Accruals
3,745
20.542
1&305
3.981
32.189
25.325
41592
61,495
15 Penslon and other 8theD
Defilled cwtslbu￿n
The eh8rity ¢)F¢rates a def￿￿ ¢ontsibution pensiott schern¢. The wjsion cost clthtge for tbe ye4r r¢pre8Ents
contributions Wdyable by th¢ charity io the xheme and 8mowht&J 10 £4.691 Q022-£4.245)
P48¢ 22

Epic Foundation UK Ltd
Notes to the Finaneial Statements for the Year Ended 31 Deeember 2023
16 Other finaneial eommi¢n)tnts
GrxntconuThtDxnts
2023
2022
Note
Totlkl ¢0M￿lt￿£T￿
A7 Funds
B*tance #t 31
D¢￿Mber
2023
Incoming
ReJouTeeJ
expended
J*nuary 2023
UnrHlricted funds
Gtneral
60i,i69
893,699
(888,5031
610.765
Rextri¢ttd fimds
403.935
733,833
1698.5011
439.267
T(*¢al
1.009,504
1.627.532
I l.i87_(KH)
l.OiO,032
Balanee at 31
December
B81￿Ce at I
Janknary 2022
Incoming
Resour¢r$
expeDded
2022
Unrcstrlcted funds
GeTJeral
325.5?5
958,98?
(67%,938)
605,i69
Re3¢Tleted
138.180
804.2)4
(738,499)
403.935
Total
663.705
1,763.236
11.417.437)
I,(K)9,iJ4
18 kntysis of a$$ets between fund5
UTrrestricled
funds
R¢8ttl¢ttd
nd$
Total funds
2023
Tangible fixed assets
Cu￿et* as¥¢ts'
CurrLml liabilities
247
245.)97
142,i921
847.080
1.09? 377
142:il)21
TL)lalnet ossets
?02 (J j2
847,080
I,U50.032
Pa8e 23

Epie Foundation UK Ltd
Notes to the Financial Statements for the Year Ended 31 December 2023
Unrutiicted
funds
Re$lri¢ted
funds
Total
2022
Gen¢rnl
Tan8ible fixed a￿t$
Current assets
Curt¢ni liabilities
493
102,614
161.4951
493
1.070.5C6
967.892
Total net a85et$
41,612
967,892
1.009.504
19 Analysts of ne¢
AÈ31
December
2023
A¢ i JanM*ry
2023
Fhandng
Cash aibankand in h8tJd
895.415
1(11279}
834.136
Net fimd5
89i,415
161.279)
834,136
At31
Dtcember
2022
At l JaDUF4ry
2022
Fth*Treing
C8sIL at and in h&nd
598,638
296,777
895.415
Net fu]Kls
598.638
296.777
895.415
211 Related party tr&nsa¢tioni
Durin8 the ye4r 2023 tFK charity the followin8 relatedwty tranwtions..
la) The trustee Mr Al￿alth Mars together Mqtb entiti¢$ associated with him donated £179.574 (20*2..
£354.221) durins the year.
(b) Epic Foutmlaiion UK received £IO.(KK) from Epic FraNe in accordan¢e with a Service zyeernEnL
(cl During tk year. Epic Foutmlation UK disbursed tWL) 8rants of SIO.000 and $50.(KX) to tTr￿ tndian
or8anis&tions on behalf of Epi¢ US. E￿¢ fouts42tion UK ]ncUrr￿ a forei8TL exclwjw lo￿ of £2,044 due to the
Pa55 through tran￿110
Page 24

Epie Foundation UK Ltd
Detailed Staiement of Financial Activities for the Year Ended 31 December 2023
2023
2023
Un￿￿trIcte
funds
RestrKted
fund$
Total
2022
General
Income En4hwmehts fro
tkinatiolls and legacies lonalysed
below)
893.699
733.833
1.627.532
1.763,236
Toral irLcorne
893.699
733.833
1.627,532
1.763,236
Exp¢n(lilure on:
Raising funds (analysed txlowl
ChAritable activities (allalysed ￿101￿)
Total expenth'ture
Net incom¢
(199,984)
1688,519)
126.284)
(672,217)
(226,268)
(178.674)
(1.238.763)
(888.503)
161)8.iVI)
(1,587.004}
(1.417,437)
5.196
40,528
34i,799
Net moven*nt in funds
5.196
35.332
40.528
345,799
Reeonclliation of thbd5
Total fLllJd8 FKou8ht foniwd
Total fLuth c4uried foTwurd
605.569
403,935
1,009,i04
663.705
610,765
439,267
1,050.032
1.009.i04
Pa8¢ 25

Epic Foundation UK Ltd
Detailed Statement of Finaneial Activities for the YeAI' Ended 31 Deeember 2023
2Q23
2023
Unre5trlcted
funds
GentrAI
fimdj
Tthtal
2022
DonatioFts andlegrties
COntri￿tIOnS lrtslTlCtcd)
Contri￿tIOnS (gift in kind)
Contrit￿￿ons (UDrestsicied)
730.182
3.651
730,182
3.651
893,699
893,699
9)8,982
893,699
733,833
1.627.532
1,763,236
2023
Unrestrfeled
nds
21123
Re$¢rictcd
fund5
Total
2022
Ceneral
Tol*l
Raisingfund5
Office experjses
EvBnts & Sutnrnits
Events & Swnrnits
(568)
(26281)
(26,281)
(55,8191
1359)
(102,111)
110,762)
12.724)
145.909)
{55,819)
(359)
Wag¢s and salaries
Stsff NIC (Emplo}'ers)
195.li4)
19.590)
12.528)
(6,466)
(3.6(6}
(1,3 19}
(968)
112.961)
166)
147)
{10.762)
12,724)
Pension ¢ost
Travelling
TraNElling
{7.651)
(182)
{2:i72)
(13,407)
{7.651)
{1821
Q,572)
113.4071
{3)
{5181
Trade wbs¢riplions
Consultancy fr£s
Bank charges
Bank" charges
Other FKnefits
{3)
1518)
1199.984)
(26,284)
1226.2681
(178,6741
Pa8¢ 26

Epie Foundation UK Ltd
Detailed Stalement of Finan¢ial Activities for the Year Ended 31 December 2023
2023
21123
Unr¢s¢ricteil
funds
Restricted
funds
TotAI
2022
G¢n¢r
Total
Cknrtsqble4diiyti
Grants (restritied)
Grants (Lq]restricte(t)
Entertainment
Wag¥s and ￿lan¢S
StstrNtC (E.mployers)
(6722ITJ
(672.217)
(492.483)
(233)
(71,968)
(6.8)51
(1.315)
(6.608)
1686.0581
(390.491)
(492,4831
(2331
171,9681
{6.8)5)
(1.315)
{6.6081
(56.9481
(i,651}
(1.3211
(2.1911
1621)
15(M))
{53.0(M)I
Pe￿10￿ cost
Ttavelling
Insurance
Trade 5LLbscriptii)ns
Consulrancy fees
Other t*nefits
otlice exFtnses
Entertainment
A¢countanc}' monthly fees
Auditols fee5
A¢¢oullIa￿Y an￿￿1 lees
Eichan8e gaiTrqoss
Wa￿5 and salaries
SralYNtC (EmpLoy¢rs)
{I,000)
{57.250)
(1,427)
(1,795)
(241)
(3.6(K)}
110.2i71
(4.81X)I
12.7751
112,1491
8,383
(2)))
11,648)
14,346)
(1.0811
12.197)
(2.013)
(1.000)
157.2501
11,427)
(1,795)
L241)
13,600)
(10.257)
{4.8(M))
{2.775)
(12.149)
8,383
(255)
(1,6481
(4.346)
(1.0811
(2.1971
12.013)
(5721
{2081
14,760)
(9,600)
{6.(K)O)
Pension cost
Staff rccruitrnent
Travellin8
1396)
(4.846)
11.8961
Trade sul)scriptiOn5
Advertisin8
Le8uI and professional Eee5
Bank ¢har8es
DepreciatLonof offi¢e equipment
Oth¢r I￿efItS
(8901
{11,3761
{5581
16331
(2471
(9.271}
19271)
(639)
1246)
14iO}
11,360,736)
1246)
1688.5191
1672.217)
11.238.763)
Page 27