REGISTERED CHARITY NUMBER: 1168728
Report of the Trustees and
Unaudited Financial Statements
for Ihe Year Ended 5 April 2025
for
The Neumark Foundation
Salisbury & Company
Chartered Accountants
Irish Square
Upper Denbigh Road
Sl Asaph
Denbighshiie
LL17 ORN

The Neumark Foundation
Contents of the Fina￿la1 Ststements
for the year ended 5 April 2025
Page
Report of the Truslees
1 10 4
IndèpendÈnt Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
8 to 12

The Neumark Foundation
Report of the Trustees
for the year ended 5 A41ri12025
The truslee5 present their report Wtth the financial slalements of the charity for th8 year ended 5 April 2025_ The tnjstees
have adopted thB provisions of Accountin9 and Reporting by Charities.. Statement of Recommended Practice applicable
lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of I￿land IFRS 102) (effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal object of the charity is for the benefit of the public to promote any purpcws that are charitable according to
the laws of England and Wales.
The charitable objects must apply the income. and all such parts of the capitsl as the TTUStees think fil Iwhethef Ihrough
donations to other charitie5 or by any other charitable means). for or towards such charitable purposes the Trustee5
think lil.
Publi¢ benefit
The Charity Commission, in ils "Charities and Public Benefiv, Guidance slales that there are Iwo key principles to be mel
in order to show that an organisation's aims are for the public benefit= firstly. there must be an identifiable benefit and
secondly, that the benefit musl be lo the public or a seclion of the publ￿. The fru51ees are salisfied that the aims and
objectives of the charity, and Ihe activities reported on belDW to achieve those aims, meet these principles.
Grantmaking
The Charity provided grdnts lo other charitable institutions in order to help fund the charitable seNices they provide_
Page 1

The Neumath Foundation
Report of the Truslee5
for the year ended 5 April 2025
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Income for the year was £421,62312024- £48.437) 2nd lolal expenses were £256,015 (2024- £167.206)- This produced
Surplus for the year of £165,608.
During Ihe year grants of £221,713 12024.. 134.729) were ma(Je lo inslilulions_ Unrestricted funds al Ihe year end were
£978.070 (2024-. £812,462)
The main achievement during the year was the continued provision of charitable grants lo a rangè of various, national
and inlemational organisations.
The Neumark Foundation has successfully continued to fund tharilable organiSa￿n9 and projects against the remits
set out by the Iru51ees throughout the year.
The focus of The Neumark Foundation remains stricily wih Improving the lives of children and young people living in
North Wales, lo enable them lo overcome disadvanlages as a result of socioeconomic challenges within their families or
units, health challenges and disabilities. and those whose lile Ghoices have led them lo require guidance and support
from outside agencies and other organisations, to enable them to reach their true potential. Improving and enhancing
educational. social and personal development. in addib.on lo wellbeing improvemenl. are the Foundations, key priorities
when considering activity for fijnding.
Funding is direcled towards or9anisalions and projects that have proven effectiveness in their charity business models.
and regular monitoring through our monthly reporting requirement ensures that we are quickly able lo idenhfy any good
or PODr practice, or any other iSSLtes that occur during the funding period and raise issues or highlight good practice with
funding recipients. Reporting templates are nol standardise(l. but designed alongside each funding recipient, lo suit the
nature of the activity the Foundation is supporting.
The Foundation's application and decision-making processes continued lo be dearly communicated and reviewed
during thè year. Early conversations. meetings and visi@ are ioutinely undertaken lo ensure alignment with the
Foundation's obieclive5 and lo avoid tsnnecessary work for applicants. Application development 15 SUPPOrted by the
Project Funding Manager and CEO, and in some cases applicants are invited lo present directly to Irvslee5 where Ihis
would support informed decision-making. particularly for complex or innovative proposals. Most funding decisions are
made al quartlerly Board meetings. with flexibility retained to consider urgent or exceptional applications where
necessary.
The Foundation retains a sirong preference lor supporting smaller. locally-based otganisalions whose impact may not
be widely recognised due to limiled capaGity or resources. We a15D spend titne researEhing and identtfying, approaching
and communicatiro with these organisations. lo see if. for suitable organisalions. there is anything that we may be able
lo support with.
Beyond grant funding, the Fcwlldalion continued to provTde value-added support to funded organisalion5, including
networking opportunities, introductions to relevant partners, and guidance to support organisational development.
DLtring the year this included SUPPDrt for KIM Inspire. enabling the progression of a pioneering project supporting
neurodivergenl girls and young women from a six-monlh research and (Jevelopment phase into delivery.
The FDundalion also supported CDllaborahve working belween exisliro beneficiaries. A notable example was a
partnership befween DangerPoinl and Youlh5hedz. combining expertise in youth education to develop an innovative
virtual reality knrfe-crime prevention film. This resource will now be used by North Wales Police as part of their
prevenfalive education work.
The Neumark Foundation procps5es and procedure5 continue to develop year on year, lo ensure Bontinuou5
improvamanl wilh th& support ￿ provid8_ We conStan￿Y assess our relationships and our role as a fund8r. We
proactively build and maintain relationships in a wide range of sectois. We listen lo hoiv areas that we are interested in
supporting are operating, and how, using our assets as a funder and connector, we can help lo make 3 difference. Our
approach. we think makes us a kinder funder who looks to build strong relationships with the organisalions we ivork
with. We've ￿allY brought to life the principle of being relalional and we will continue to put Ihis principle in aclion.
Fundraising activities
The Charity had no fundraising activities requiring disclosure under S162A of the Charities Act 2011.
Page 2

The Neumark Foundation
Report of the Trustee5
for the year ended 5 April 2025
ACHIEVEMENTS AND PERFORMANCE
Investment pèrfomiance
Since 1st April 2025, the Charity's investmBnts have been managed by Union Banque Privee (UK) Limited - formerly
Kleinwort Hambros.
For the period from 6 April 2024 to 5 April 2025, The Neumark Foundation Discretionary Portfolits (managed to a
Resptsnsiblo Balanced Strategy). retumed 4.49% vs benchmark return of 0.94Dk.12023-24. 8.28% and 7.19'knl.
For the period from 6 April 2024 to 5 April 2025. The Neumark Foundation Execution Only portFolio returned 2.42%
12023_24. -5.310/D)- There is no slated benGhmark for this Execution Only portfolio_
FINANCIAL REVIEW
Principal funding sources
The principal funding of the trust is by donations received from P Neumark.
Reserves policy
The Tmsleès consider that the r8s8rv8s of the Trust should bè sufficient to guarantee the long term future of the Trust.
Unrestricted ￿serveS of Ihe Trust al 5 April 2025 was £978.07012024.' £812,462).
Golng concern
After making appropriate enquiries. the Iruslees have a reasonable expectation thal the charity has adequate resources
lo continue in operational Q￿StenCe for Ihe foreseeable future. For this reason. they continue lo adopt the going concern
ba515 in preparing the financial statements. Further details regarding the adoption ol the going concern basis can be
found in the Accounting Policies_
FUTURE PLANS
The Charity's plans for the future are to continue lo provide grants of a charilable nature.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing documènt
The charsty is controlled by its governirvJ document. a deed of trust and constilules an unincorporated charity.
Charity constitution
The Neumark Foundation is con5tiluled by a Tru51 Deed mad8 on 19 April 2016 and is a registered charity. number
1168728.
The Charty is controlled by its goveming documenL a Deed of Trust, and consiituted an unincorporated chartty-
Organi5ational structure
In setting the Charity's policy and planning its activities. the Trustees have given careful con5ider3tion lo the Charity
Commission's general guidance on public benefit. The management of the Charity is the responsibility of the Trustees.
Risk management
The Iruslees have a duty lo identify and review the risks to which the charity 15 exposed and lo ensure appropriate
cr)nlrols are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRAllVE DETAILS
Reg15tered Charity number
116B72B
Principal address
Ivy House
37 Kennedy Road
Shrewsbury
Shropshire
SY3 7AA
Trustees
Mr P S Neumark Company Director
IAr R A Salisbury
Ms M N Prytherch
Mr S Becker {resigned 2416124)
Mr J G Barnes
Mr T P Elliott
s M B J Neumark
hAs R E Neumark
Pagg 3

The Neumarf( Foundation
Report of the Trustees
for the year ended 5 April 2025
REFERENCE AND ADPalNISTRATNE DETAILS
Independent Examiner
Salisbury & Compar*y
Chartered Accountants
Irish Square
Upper Denbigh Road
Sl Asaph
Denbighshire
LL17 ORN
Approved by order of the board Df trustees on 17 December 2025 and signed on its behall by".
Ms R E Neutnark- Trustee
Page 4

Independent Examinerfs Report lo the Trustees of
The Neumark Foundation
Independent examlnerfs report to the trustee5 of The Neumark Foundation
I report to the charity Iruslees on my examinalion of the account5 of The Neumark Foundation (the Tru5t} for the year
ended 5 April 2025.
Responsibilities and ba515 of repc)rt
As the charity trustees of the Tru51 you are re5pon5ible for the preparation of the account5 in accordance with the
reqL¢irements of the Charities Act 2011 ('Ihe Act,).
I report in respect Df my examination of the Trust's accoun15 caryted otrt under Section 145 of the Act and in carrying out
my examinalion I have followed all applicable Directions given by Ihe Charity Commission under Section 145(5llb) of
the Act.
Independent examlnefs statement
Since your charity's gr055 income exceeded £250,000 your examiner musl be a member of a 1151ed body. I can confirm
that l am qualtfied to undertake the examination because l am a mernber of the Institute of Chartered Accountan15 in
England and Wales. which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my aMentlDn in connection with the
examination giving me cause to believe that in any material respect:
accounting records were not kepl in respect of the Trust as required by Section 130 of the Acl., or
the accounts do not accord ￿th those records.. or
the accounts do not comply ivith the applicable requirements conceming th8 form and corilent of accouftls set
out in the Charities (Accounts and Reports) Regulations 2008 olher than any requirement that the accounts give
a true and fair view which is not a matter considered as part of an independent exarnination.
I have no concerns and have come across no other matte[5 in conneclion with the examination lo which attenlion should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Jeremy C. Salisbury
The Inslilule of Chartered Accountants in EnglaNJ and Wales
Salisbury & Company
Chartered AcGounlanls
Irish Square
Upper Denbigh Road
st Asaph
Denbighshire
LL17 ORN
17 December 2025
Page 5

The Neumark Foundation
Statement of Financial Activities
for the year ended 5 April 2025
2025
Unrestricted
fund
2024
Total
fulld5
Noleg
INCOME AND ENDOWMENTS FROM
Donations and legacies
419.965
39.733
Inveslm&nl income
1,658
8,704
Total
421.623
48,437
EXPENDITURE ON
Raising funds
16,849
7.857
Charitable activities
Donations
239.166
158.938
Other
411
Tolal
256,015
167.206
NET INCOMEI(EXPENDITURE)
165,608
(118.7691
RECONCILIATION OF FUNDS
Total funds b¥oughl lopNard
812.462
931,231
TOTAL FUNDS CARRIED FORWARD
978,070
812,462
The notes fom part of these financial stalernenls
Page 6

The Neumark Foundation
Balance Sheet
5 April 2025
2025
2024
Total
funds
Unreglricted
fund
Notes
FIXED ASSErs
Tangible assets
Investments
577
923,523
742
731,197
924.1
731.939
CURRENT ASSEtS
Cash al bank
54.070
81,998
CREDrroRS
Amounts falling due wthin one year
{1(KJl
11,4751
NEf CURRENT ASSErs
53,970
80,523
TOTAL ASSETS LESS CURRENT LIABILMES
978,070
812,462
NET ASSETS
97B,070
812,462
FUNDS
Unrestricted funds
978,070
812,462
TOTAL FUNDS
978,070
812,462
The financial statements were approved by fhe Board of Trustees and authorised for issue on 17 December 2025 and
were signed on its behalf by..
Vr,
Ms R E Neumark - Trustee
The notes fomi part of these financial statements
Page 7

The Neumark Foundation
Notes to the Financial Statements
for the ￿ar ended 5 April 2025
ACCOUNTING POLICIES
Basis of preparing the financial ststemenls
The financial statements of the charity. which is a public benefit entity under FRS 102, havè been prepared in
accordance with the Charities SORP IFRS 102) 'Accounling and Re?orting by Charities- Statement of
Recommended Practice applicatjle to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 1021 (effective 1 January 20191., Financial
Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Charities Act 2011. The financial statements have beèn pr2pared under the historical cost convènlion, with the
exception of inveslrnenls which are 5ncluded at market value. as modified by the revaluation of certain assets.
Income
All income is recognised in the Slalemenl of Financial Activities once the charity has entsllernenl lo the funds, it
15 probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive Obligat￿1n committing the
charity to that expenditure. il is probable Ihal a Iransfer ol economic benefi'ts will be required in sèlllement and
the amount of the obligation can be measured reliably. Expenditure is accoknnled lor on an accruals basis and
has been classified under headings that aggregate all cosl related to the category. Where c0515 cannot be
directly altribuled lo particular headings they have been allocated to activities on a basis consislenl with the use
of resources.
Grants offered subject lo conditions which have not been mel al the year end dale 3fe noled as 3 commitment
but not accrued as expenditure.
Tangible fixed assèts
Depreciation is provided al the following annual rates in order to write ott each a55et over its è5timaled useful
life.
Plant and machinery
20Y(t on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charilable objectives at the discretion of the Iruslees.
Restricted funds can only be used for particular reslrided purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension Gosts and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension
Scheme are charged lo the Statement of Financial Activities in the period to which they relate.
INVESTMENT INCOME
2025
2024
Dividends received
Interest received
Revaluation of Investments
13.527
2,817
(14.686)
10.199
1.555
13,050)
1.658
8,704
Page 8
continued...

The Neumark Foundation
Not25 to the Financial Statements - continued
for the year ended 5 April 2025
RAISING FUNDS
Raising donations and legacies
2025
2024
Support Costs
860
1.008
Investmerrt management costs
2025
2024
Support costs
15,824
6,849
Aggregate amounts
16,849
7.857
TRUSTEES, REMUNERATION AND BENEFITS
There were no Irustees. remuneration or other benefits for the year ended 5 April 2025 nor for thè year ended
5 April 2024.
Tru5tee5' expenses
There were no trustees, expenses patd for the year ended 5 April 2025 nor for the year ended 5 April 2024.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Uftreslricled
fund
INCOME AND ENDOWMENTS FROM
Donations and legacie5
39,733
Inveslmenl I￿orne
8.704
Total
48,437
EXPENDITURE ON
Raising funds
7,857
Charitable activities
Donations
158,938
Olher
411
Total
167,206
NEf INCOMEIIEXPENDITURE)
1118,769)
RECONCILIATION OF FUNDS
Total funds brought forward
931,231
TOTAL FUNDS CARRIED FORWARD
812,462
Page 9
continued...

The Neumark Foundation
Notes to the Financial Statements - continued
for the year ended 5 April 2025
TANGIBLE FIXED ASSETS
Plant and
machinery
COST
At 6 April 2024 and 5 April 2025
824
DEPRECIATION
Al 6 April 2024
Charge for year
82
165
Al 5 April 2025
247
NET BOOK VALUE
At S April 2025
577
Al 5 April 2024
742
FIXED ASSET INVESTMENTS
Shares in
group
undertakings
Listed
investments
Totals
MARK&f VALUE
Al 6 April 2024
Additions
Disposals
Revaluations
100
731.097
300,000
1100,000)
17,6741
731,197
300,000
(100,0001
17,6741
Al 5 April 2025
100
923,423
923,523
NET BOOK VALUE
At 5 April 2025
100
923.423
923,523
Al 5 April 2024
100
731.097
731,197
There were no inveslmenl assets outside the UK.
Cost or valuation at 5 April 2025 is represented by:
Shares in
group
undertakings
Listed
inveslments
Totals
Valuation in 2022
Valuation in 2023
Valuation ir$ 2024
V21uatitsn in 2025
Cost
1,217,604
1412,286)
{74,2211
192,326
1,217,604
1412,2861
174,2211
192.326
100
100
923,423
923.523
Page 10
conlinuèd...

The Neumark Foundation
Notes to the Financial Statements - continued
for the year ended 5 April 2025
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
202S
2024
other credilor5
100
1,475
MOVEMENT IN FUNDS
Nel
mtsvemènt
in funds
Al
514125
At 614124
Unrestricted f unds
General fund
812.462
165.608
978,070
TOTAL FUNDS
812.462
165.608
978,070
Net movemenl In fund5, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
421.623
1256.015)
165,608
TOTAL FUNDS
421.623
{256,015)
165.608
Comparativès for rnovement in funds
Nel
movement
in funds
Al
514124
At 614123
Unrestricted funds
General fund
931.231
1118.769)
812,462
TOTAL FUNDS
931.231
(118.769)
812.462
ComparatNe nel movement in funds. included in the above a￿ as follows-.
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
48,437
(167,206)
1118.7691
TOTAL FUNDS
48.437
(167,206)
1118.7691
Page 11
continuèd_

The Neumark Foundation
Notes to the Financial Statements- continued
for the year ended 5 Aprll 2025
MOVEMENT IN FUNDS- continued
A current year 12 month5 and prior year 12 months combined position is as follows-
Nel
movement
in funds
At
514125
At 614123
Unrestricted funds
General fL+nd
931.231
46,839
978,070
TOTAL FUNDS
931.231
46,839
978,070
A current year 12 months and prior year 12 months combined net movement in funds, i￿luded in the above are
as follows:
Incoming
resources
Resources
expended
Movement
in fLtnds
Unrestricted funds
General fund
470,060
(423.221)
46,839
TOTAL FUNDS
470,060
1423,221)
46.839
10.
RELATED PARTY DISCLOSURES
At 5 April 2025 and 2024. Ihe Charity owed £100 to Veloce Mjtorsports Limited in respect of unpaid share
capital.
Page 12