Charity number. 1165634 THE DAVIO COLLINS FOUNDATION UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEmE￿r8 FOR THE YEAR ENDED 31 DECEMBER 2024 TRUSTEES Mr lain INatson (Chair), Trustee Mr David Kendall, Trustee Mr Colin Edney BA FCA, Trustae Ms Katherine ￿lttOn. Trustse Mr Raymond Paynter. Truste8 CHARITY REGISTERED NUMBER 1165634 REGISTERED OFFICE Mr lain Watson, David Collins Studio knrrlted, 74 Fami Lane, London. SW6 1QA TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their annual report together with the financial statements of The David Collins Foundation (the Charity) for the year ended 31 December 2024. The Trustees ¢onfirm that the Annual Report and financial statements of the charity comply wilh the current statutory requirements, the requiréments oflhe charity'g goveming d￿UMentand the provisions ofthe Statementof R￿Ornmended Pracb'ce ISORPI"knountingand Reporting by Charitle5" 15sued in March 2005. STRUCTURE, GOVERNANCE AND MANAGEMENT Con8tltutlon The charity is regislered as a charitable incorporated organization Iwistralon charity number 1165634) and was set up on 18 February 2016. The management of the charity 18 the responsibility oftheTrusteés. Risk management The Trustees have assessed the rna￿r risks to which the Charity is exposed. in particular those related to the operations and finances of the Charity and arè satisfied that 6yStems and prc¢edures are in place lo mitKJ8le our exposure lo the major risk5. OBJECTIVES AND ACTIVITIES Pollcl•s and ob￿lIve8 The prlnciple objectives ofthe Charity are forthepublic benefit to further such purFQS&S as are exclusNely charitable in accordance wlh the law8 of England and Wales. Donatlon maklng pollc All don8tions are revlewed and a88wJed on the basis of compatlblllty with the ￿nCiPal oblecJves. ACIEVEMENTS AND PERFORMANCE Golng ¢oncorn .After making apPropr￿te enquiries, the tru51ees h8ve a reasonable exFectation that the Charity ha8 adequate r8sources to continue in operational existence forlhe foreseeable future. Forthis reason, they continue to adopt the going con￿rn basis in preparing the financial statements. Furlherdetsils regarding theadoptlonoflhegting Conoern ba8i8can tfjfound intheAccounting Policl6s. This report was approved by the Tru818ès and slgned on their b8half by: Iwa Date: on, Tru8tse TRUSTEES. RESPONSIBILITIES STATEM ENT FOR THE YEAR ENDED 31 DECEM BER 2024 TheTrustees are responsible for preparing the Trustees, Report and the financial ststements in accordance wth applicable law and United Kingdom Accounting Standards {United Klngdom Generally Accept￿ Accounting Practi￿). Company law require8 th8 Trustees to prepare finanaal statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resourc8S. induding the income and expenditure, of the charitsble company for that peric(l. In preparing these financlal statements. the Trustee8 are requiréd to: select suitable accounting policies andthen apply them consistenuy., observe the methods and princlples of the Chariti8sSORP', make judgments and accounting estimates that are reasonable and prudent,. prepare the financial stat8ments on the going concern basis unless it is inappropriate to presume that thecharitable Company wlll conts'nue in operation. TheTrusteesarerespon8ible for keeping adequateacuuntingrecordsthatar88ufficientto show and explain the charitable company's transactions and dls¢losewith reasonable accuracy at any time the financlal positlon of the charitable company and enable them to ensurethatthe finanaal statements comply with thecompanies Act 2006. They are also responsible for sabJuardingthe as88ts of the charitable ￿rnpanY and hentxfor taking reasonable Steps for the prevents'on and detection of fraud and other i￿e9u1ar1tIe8. STATEMENT OF FINANCIAL AcTIV￿lEs FOR THE YEAR ENDED 31 DECEMBER 2024 INCOME AND EXPENDITURE ACCOUNT Income B1FV￿D Income £102,816.50 £ 61,038.00 Total Income £163,854.50 Total Ex nditure £ 20,000.00 Balance as at December 2024 £143,854.50 BALANCE SHEET AS AT 31 DECEMBER 2024 Intercom Total Assets an - Debtors £143,854.50 £143,854.50 Revenue reseNes Total reserves £143,854.50 £143,854.50 The financial statements were approved by the Trustees and slgned on their behalf, by.. I Watson, Tru•tee Dats: Independent Examinorfs Report to the Tru8to0¥ of the I report on the financial statements of the charity for the period ended 31 December 2024 which is Set out on page 5. Thig report is made solely to the charity's Trustees, ag 8 trM)Jy, in accordance with section 145 of the Charits'es Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the charity's Trustees those matters l am required to state to them in an Independent Examiner's Report and foT llo Other purwse. To the fvllest extent pemiitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my work or for thls report. Re8PaCtlvo R￿ponSIbIl￿10• of Trust•o8 and Examln•r The charity'g Trustees are resFonsible for the preparation of ttre financial stslements, and they consider that an audit is not required for this penod under section 144121 of the Charities Act 2011 {Ihe Act) and that an independent examination is needed. It Is my responsi￿lIty to.. al examine the financial 8tatements under section 145 of the Act., bl follow the procedures laid down In the general Direct￿n5 given by the Charity Commlssion under secfjon 14515llb} of the Act., and c) stste whether particular matters have Come b my attentK>n. Bal• of Independortl Examlner's Report My examination was carried out In accordance wlth the general Direction8 glven by the Charity Ccmmis8ion. An examination i￿ludeS a review of the accounting ￿¢¢r￿S kept by the charity and a comparison of the financial slalemenls pre9enled with those records. It also includes considerab'on of any unusual items or disclosures in the financial Statements and seeking explanations from you as Trustees concerning any such mallers. The priKedures undertaken do not provide all the evidence that would be required in an audit, and consequentty no opinion is 9lven as to whether the financial stalaments present a 'lrue and fair vievl and the report is limited to those matters sel out in the statement below. Independent Ex•mln•rfs Statomenl In connection with my examination, no matter has come to my attention.. 111 thich gives me reasonable cause to believe that in any mat8rlal respect requirements: lo keep accountlng records in accordance wth sectlon 130 ofthe Nrt, and to prepare financlal statements whlth accord V￿th the accounting records and comply with the accounting require1￿11$ of theAct have not been met,. or 12}to which, in ry opinion, attention should be dra￿ in order to enable a proper understanding of the fi'nancial statements to be reached. Sadiq Leon Chartered Accountant clo David Collins Studio Ltd, 74 Farm Lane, Fulham, SM 1Q 02 1c)4/ 202£ Charlty Davld Colllns Foundallon Tr•nsKUaft¥ liT￿24 WBFWO Fq&24 ThEIrtEFwrthl Ptsr.24 ￿￿¢￿1¢* 0•tr24 tknitknThfrcfflDCStoDCV Re5•￿ebra*h11oNI￿fr￿m1o23 Ans FknThthtlon FuWresAw4rds1024 ABtund lo?￿16 PwChilty4nnu•l r•tyrn•rdlorlB