THE SWIIS FOUNDATION CHARITY NUMBER 1164705 TRUSTEES, REPORT AND ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 THE SWIIS FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The Trustees are pleased lo present their annual Trustees, rekK)rt together with the finaneial slalements of the charity for the year ended 30 September 2025. The financial ststements comply with the Charities Act 2071, and Accounting arTrd Reporting by Charities: Statement of Recommended Practi￿ applicable to charities preparing their accounts in accordance with FRS 102. REFERENCE AND ADMINISTRATION DETAILS Trustees Gurdev Dadral Kamla Dadral Timothy Nolchell Principal Office 4th Floor Prince House 43-51 Prince Street Bristol BS1 4PS Solicitors BDB Pitmans LLP 50 Broadway London SW1 H OBL Registèred Charity Number 1164705 THE SWIIS FOUNDATION TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 STRUCTURE The SWIIS Foundation (the CIO) was established on 4 DeGember 2015 as a Charfjtable Incorporated Organisalion. The CIO'S governing document Is Ils Constitutiorl (Foundation Model) dated 4 December 2015. The CIO is regist8red with the Charity Commission for England and Wales under Charity Number 1164705. CHARITABLE OBJECT The objed of the CIO as stated in its Constttijtion is restricted specifi¢alty to the application of CIO funds, at such time or limes and in such a manner, for the public benefit as the charity trustees may in their discretion think fit for any exclusivety charitable objects and purposes in any part of the worfd. APPOINTMENT OF TRUSTEES Trustees are appointed in accordance with the constit￿lon of the CIO, a copy of which is held at Ihe CIO'S principal addiess and which may be inspected by appointment. ACTIVITIES The Trustees plan on making charitable grants in aocordance with the CIO'S object. bul none were made during the period covered by these a¢counts. The Tru51ees have had due regard to the Charity Commission's guidan￿ on publsc benefft rn exertising their powers and duties. FINANCJAL REVIEW The CIO is dormant and has not yet Carried out any activities as il is in the prO￿s$ of opening a bank account. Accordingly, the CIO held no cash at the end of the peTlOd. RESERVES POLICY Given Ihat the CIO has remained dorman( il had no reserves as at 30 SepterNber 2025. EXEMPTIONS FROM DISCLOSURE There are no exemptions. THE SWIIS FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trustees are responsible for preparing the Trusle8s' Report and the financial slalemenls in accordance with applicable law and United Klngdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The Twstees are required lo prepare financial slalemenls for each financial year which give a true and fair view of the slate of affairs of the CIO and of the incoming resouTC85 and application of rèsources, including the income and expenijiture. of the CIO for that period. In preparing these financial slalemenls. the Iruslees are required lo.. Seleot suitable accounting policies and then apply them consist8ntly' Observe the methods and p￿ncIpleS in the Charities SORP- Make judgements and esllmales that are reason8ble and prudent., Slate whether applicable UK Accounting slarbdards ttave begn followed, subject lo any material departures disclosgd and explained in the financlal stalemenls.. Prepare the financlal slalemenls on the going concein basis unle88 it 18 inappropriate lo presume that the CIO will contlnue in businass. The Trusleas are responsiblè for keeping proper accounling records that disclose with reasonable accuracy al any lime the financlal position of the CIO and enable them lo ensure that the financial statements comply with the Charities (Accounts and Reports) Regulations 2008 issugd under the Charities Act 2006 (now Charities Act 2011). Thay are also responsible for safeguarding the assets of the CIO and hence for taking raasonable steps for the prevention and detection of fiaud and other irregularilles. On behalf of tho Trust68S Tlmothy Notchell Date.. 22 June 2026 THE s￿ls FOUNDATION STATEMENT OF FINANCIAL ACTMTIES for the year ended 30 September 2025 Notes Unrestricted Fund5 2025 Total Funds 2025 Income and Expenditure Unrestricted Funds 2024 Total Funds 2024 Income and Endowments from: Capitsl receipts Income re￿iP1s.. Deposit interest Total Expenditure on: Charitable expenditure.. Grants payable Management and administration of the charity Total expènditure Net incomel (expendlturel Reconciliation of Funds Balances brought for*7rd at 30 September 2024 Balances Ca￿led forward at 30 Septembèr 2025 The notes on page5 6 and 7 form part of Ihe financh?I ststements THE SWIIS FOUNDATION BALANCE SHEET 30 September 2025 Notes 2025 2024 Current Assets Cash al bank Net Assets Funds.. Unrestricted Fund The notes on pages 6 and 7 fonn part of the financial statements Approv￿ and signed on behalf of the trustees by.. Tlmothy Notchell Datè: 22 June 2026 THE SWIIS FOUNDATION Notes forniing part of the financial statements for the year ended 30 September 2025 1. PRINCIPAL ACCOUNTING POLICIES Accounting Con¥ention The financial slalemenls have been prepared in accordance with the Ststement of Recommended Practice awicable to Char￿e5 preparing their accounts in accordan￿ with the FRS 102 Icharities SORP FRS 1021 effective 1 JanLFary 2019. Incoming Resources Voluntary income is recorded when recerye Resources Expended Expenditure is aGcounted for on an accruals basis. Donations and grants are re(xJrded when the trustees have made the decision to p4y therr, unless the donations or grants are sul4.ect to condrknons being futrilled. FundAccounting u￿reSt￿Cted funds are those whth are used for the general adVan￿rnent of the CIO'S objectNes. During the accounting perKJd Ihere were no transa¢tions. 2. DONATIONS RECEIVED- CAPThAL RECEIPT 2025 2024 No donations were received tn Ihe year ended 30 September 2025 3. INTEREST (paid gross} 2025 2024 No interest was re￿ived in the per#)d ended 30 Septamber 2025 THE SWIIS FOUNDATION Notes fomiing part of the financlal statements for the year ended 30 Soptember 2025 4. CHARITABLE EXPENDITURE 2025 2024 GRANT PAID No grants were made in the year ended 30 September 2025 MANAGEMENT AND ADMINISTRATION OF THE CHARITY (support ¢osts) {Expendablo Endowmènt Fund) 2025 2024 No adminislralion costs w&rè taken in Ihe year ended 30 September 2025 DISCLOSURE OF TRUSTEES REMUNERATION, BENEFITS AND EXPENSES None ol the trustees have been paid any remunerallon or recelv8d any other benefits from the CIO or a related enlily. no Iruslee expenses have been incurred and nor have there been any rela18d party transactions in thg reporting psriod that r8qulre disclosura. S. CURRENT ASs￿s lea$h at bank) 2025 2024 No c8sh or bank account as at 30 Sèptember 2025