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← The Framlingham Foundation Trust T/A The Ed Sheeran Suffolk Music Foundation

2024-12-31-accounts

Charity registration number 1170682 (England and Wales) Company registration number CE009334 THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees W Ashurst S Camp S Hardwick Charity number (England and Wales) 1170682 Company number CE009334 Registered office 41 Great Portland Street London W1W 7LA Independent examlner Astute Services Limited 44-46 Regent Street Rugby England CV212PS

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION CONTENTS Page Trustees, report Independent examinels report Statement of financial activities Balance sheet Notes lo the financial statements 8-10

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are pleased to present Iheir annual report, together with the independently examined financial slalemenls of the chaTlty for the year ending 31 December 2024. The trustees have adopted Ihe provisions of the Accounting and Reporting by Charilies: Statement of Recommended Practi￿ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (as amended for accounting periods o)mmencing from 1 January 2016). Objectives and actlvlties The objeclives of the charity continue to be: 1) To contribute towards or for the benefit or furtherance of such charitable instilulions or charitable purposes in such a manner and (if more than one) in such shares as the trustees shall in their absolute discrelDn from lime to time determine and in particular but wilhout prejudice to the generality of the foregoing to or lowards or for all or any of the charilable purposes 2) To make grants principally in respect of drama, music and arts leaching at Thomas Mills School and, secondarily. to make grants for other applications by pupils at Thomas Mills School in relation to sports and other activilies 3) To make grants to persons under the age of 18 years to assist wilh the costs of the study of music and singing as well as coaching in live musical performance and to include without limitation the cost of buying musical instruments, vocal coaching, associated musical equipment, the cost of rehearsal rooms and the Gost of putting on of live performances.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Achievements and performance Signilicant activities and achievements against objeclives Further grants were given to Thomas Mills High School, lo continue to provide students and leachers with top class learning reSoUr￿s. The main focus of this year's increased grant has been the refurbishment of the changing rooms. Both areas were re-designed and re-fitted improving the accessibility, increasing the practical space and rebuilding shower and changing areas lo create a variety of options for users. New lighting and repairs to the heating and ventilation systems have brought the Iwo areas up lo a higher standard generally. This has been greatly appreciated by pupils, staff and the wider communily who use our facililies via our Sports Centre. Alongside this we have implemented a more vigorous maintenance programme for Ihe Multi Use Games Area (MUGA). This is coming lo the end of its practical life but this programme is designed to maximise this until such time as we can replace il- and may be a project we approach the Foundation about. Our planned idea of creating a covered space has been held back awaiting the potential wider development of that part of the school with an Arts facility of some form. We are looking forward to further discussion on Ihis and realing something special. Instead, we have invested in our exisling facilities to ensure they are kept at a high standard and improved where possible. This ranges from lighling in the PerformancelDrama sludio, repairs and improvements lo the Fitness suite, improved heating lo Sports Hall 2 etc. We have also invested in maintenance and upgrades to the Music department Mac suite- an immensely important asset lo the department and school particularly now it is used in conjunction with the Gingerbread Studios. The main event of the year for the school was the Anniversary Gala Concert at Snape Maltings - an amazing event which withoul the support of the Foundation and contributors, would not have been possible. It gained national press and recognition of the school's special ethos which supports Ihe Arts at a lime when they have been sidelined or abandoned in many other schools. The concert look place just as Ed published his open letter to the Govemmenl aboul the importance of the Arts within the curriculum. The Art department continues to thrive and as a result of the grant has been able to continue trips and events otherwise not available, offering exceptional artistic opportunities to our pupils. The ambition of the staff is wonderfully demonslraled by making use of a local art gallery to display this yearfs exam work, both for moderation and public display, thus truly involving the school within the local community. Richard Hanley - Director of Music "l am very excited to be able to continue the incredible legacy of music-making at Thomas Mills, so fimily established by Richard Hanley. We are so privileged to have Ihe amazing Gingerbread Studios, with cutting-edge lechnology to rival any professional sludio. l am looking forward to ensuring this facility is used to its full potential. I also hope lo further expand the musical opportunities available lo our pupils, particularly in music produclion and popular music. Wilh such generous financial support, we can continue lo make Thomas Mills a centre of musical excellence in Suffolk.. Anna Ducker- Director of Music "We are hopeful that a new govemmenl returns focus onlo the arts more widely and Thomas Mills is well placed to be ahead of that curve thanks lo the support of the Foundation. Imagination is not just about the arts.. the skills both art and music offer in developing our pupils is hugely impadful. Nikki Scholl - Head of Art The Framlingham Foundation support forThomas Mills High School & Sixth Form has created a unique opportunity for its pupils and we are committed to using Ihis unparalleled opportunity to ensure all our pupils benefit on Iheir learning journey with us.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 As already mentioned, we are together discussing ways of bringing even further emphasis on the arts, and in particular dance and performance, with the development of some of the space around the school. We appreciate this is a long-term project that needs careful consideration and planning. We are moving fO￿ard wilh other developments though: A grow our own projecl run by our pupil-led Eco Council in conjunction with our caterers, with the design of a polytunnel area and garden under way. The aforementioned covered area can be progressed, depending on the larger plans as mentioned, but could be completed as a standalone. Possible support for specific staffing in the arts, which could also include widening the scope lo increase art. The school is grateful for the early paymenl of the grant which has helped the school enormously across 811 of the arts and P.E. My plan is lo patjse in the 25126 academic year to allow further discussion on future projects and budgets. We hope that you agree Ihal we may use this years, money to more directly support staff costs in Music, Drama and ArtIPhotography as we consolidate our posilion whilst wailing for the lagged funding that will follow the large increase in pupil nLtmbers arriving in September. we would welcome a meeting at some point with the Foundation and stakeholders to assess their priorities and our ideas for future developments. The charity donated fijrther funds lo Morabe Rural Music, to addresses inequity in music education and widens and improves opportunities for children and young people, and across the local community, in a spedrum of activities and opportunities across all age groups, ranging from pre-school to our local care home at Rendlesham village. MRM develops the suslainability, reach and diversity of its engagement with this village school and its community. Fostering new skills, social and cultural capital, and excellence. Lastly, the foundation continued to grant young applicants funds under'The Ed Sheeran Suffolk Music Foundalion, fund. ESSMF is a charitable music foundalion which aims to help young people under the age of 18, and living in Suffolk (UK), with small but useful grants to help with studying or playing music. These granls could be used for almost anything, such as buying an instrument, funding your music studies, or paying for rehearsal space. Flnancial review Reserves policy 11 is the policy of the charity that unrestricted funds which have nol been designated for a specific use should be maintained at a level to allow the work of the charity lo continue going forward. The truslees consider that reseNes at this level will ensure that, in the event of a significant drop in funding or any unexpected but necessary expenditure, Ihat they will be able to continue the charity's current activities, while consideration is given to ways in which additional funds may be raised. structure* governance and management The charity is a company limited by guarantee governed by its Memorandum and Articles of association. 11 is regislered as a charity with the Charity Commission and Ihere are currently 3 trustees, all of whom do not have a beneficial inlerest in the company. The trustees, who are also the directors for the purpose of company law, and who seNed during the period and up to the date of signalure of the financial slatements were: WAshursl S Camp S Hardwick Recruitment and appoinlment of tnjstees The charity currenlly has one employed staff member, with the routine buslness of Ihe Irust being carried out by Ihe truslees. The management of the charilies asset5 are monitored by the board of trustees solely. The trustees meet regularly throughout the year and communicate frequently by lelephonelemail to discuss trust matters and policies.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The Truslees, report was approved by the Board of Trustees. W Ashurst Trustee Date: 29.11. 1

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrlcted Unrestricted funds funds 2024 2023 Notes Income and endowments from: Donations and legacies other income 892,528 2,716 367,854 3,912 Total income 895,244 371,766 Expenditure on: Raising funds Charitable activities other expenditure 186,474 324,048 365,759 19,500 444,103 2,524 Total expenditure 876,281 466.127 Net incomellexpenditurel and movement In funds 18,963 (94,361) Reconciliation of funds: Fund balances at 1 January 2024 244,153 338,514 Fund balances at 31 December 2024 263,116 244,153 All income and expenditure derive from conlinuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION BALANCE SHEET AS AT31 DECEMBER 2024 2024 2023 Notes Current assets Debtors Cash at bank and in hand 235,242 31,614 360,226 266,856 360,226 Creditors: amounts falling due withln one year 11 <3,740) (116,073) Net current assets 263,116 244,153 The funds of the charity Unrestricted funds 263,116 244,153 263,116 244,153 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Acl 2006, for the year ended 31 December 2024. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 wilh respect lo accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance wilh section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. Zq.:!O:LS The financial statements were approved by the trustees on .-. W Ashurst Trustee Company registration number CE009334 (England and Wales)

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting pollcies Charity infomiation The Framlingham Foundation Trust is a private company limited by guarantee incorporated in England and Wales. The registered Offi￿ is 41 Great Portland Street, London, W1W 7LA. 1.1 Accounting convention The financial statements have been prepared in accordance with the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in awordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019) and Ihe Companies Act 2006. The charity Is a Publio Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial slalements are prepared in slerling, which is the functional currency of the charity. Monetary amounls in these financial statements are rounded to the nearest £. 1.2 Going concern At the time of approving the financial statements, Ihe trustees have a reasonable expectation that Ihe charity has adequate reSoUr￿S to continue in operational existence for the foreseeable future. Thus the trustees continue lo adopt the going concern basis of accounting in preparing the financial slalements. 1.3 Charltable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. 1.4 Incoming resources Income is recognised in the Statement of Financial Aclivilies, when the charity is legally entitled to it, can be measured reliably, and is probable Ihal income will be received. 1.5 Resources expended Expenses are recognised in the Statement of Financial Activities, when the charily has a legal or constructive obligation, which can be measured reliably and it is probable that a transfer of economic benefits will be required in settlemenl. Expendllure is accounled for on an accruals basis and have been classified under headings that aggregate all cost related to the category. 1.6 Flnancial instruments The charily has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Seclion 12 'other Financial Inslrumenls Issues, of FRS 102 lo all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabililies are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an inlention to settle on a nel basis or to realise the asset and settle the liability simultaneously.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Donatlons and legacies 2024 2023 Donations 892,528 367,854 other income 2024 2019 Other income 2,716 3,912 Raising funds general 2023 2024 Fun Slaff costs 185,178 19,500 Tradi Support costs 1,296 186,474 19,500 Expenditure on charitable activities Grants and Grants and donations donations 2024 2023 Direct costs Grants to Thomas Mills School Donation lo Familingham Parochian Church Council Morabe Rular Music Donations lo Under 18 Suffolk based music students 280,000 280,000 10,000 35,000 9,048 154,103 324,048 444,103 Analysis by fund Unrestricted funds 324,048 444,103 Trustees No trustees, nor any persons connected with them, received any remuneration or benefits from the charity during the year to 31 December 2024.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 other 2024 2023 Insurance Other cos15 Postage Website costs Bank Charges 572 357,384 5,818 822 1,163 448 488 443 1,145 365,759 2,524 Taxation The chariiy is exempt from tax on income and gains falling within section 505 of Ihe Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to Ihe extent that these are applied to its charitable objects. Debtors 2024 2023 Amounts falling due within one year: Other debtors 235,242 10 Loans and overdrafts 2024 2023 Bank overdrafts 108 Payable within one year 108 11 Creditors: amounts falling due within one year 2024 2023 Notes Bank overdrafts other creditors Accruals and deferred income 10 108 2,336 1,296 110 115,963 3,740 116,073 12 Related party transactions There were no related party transactions for the year ended 31 December 2024. 10

Charity registration number 1170682 (England and Wales) Company registration number CE009334 THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees W Ashurst S Camp S Hardwick Charity number (England and Wales) 1170682 Company number CE009334 Registered office 41 Great Portland Street London W1W 7LA Independent examlner Astute Services Limited 44-46 Regent Street Rugby England CV212PS

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION CONTENTS Page Trustees, report Independent examinels report Statement of financial activities Balance sheet Notes lo the financial statements 8-10

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are pleased to present Iheir annual report, together with the independently examined financial slalemenls of the chaTlty for the year ending 31 December 2024. The trustees have adopted Ihe provisions of the Accounting and Reporting by Charilies: Statement of Recommended Practi￿ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (as amended for accounting periods o)mmencing from 1 January 2016). Objectives and actlvlties The objeclives of the charity continue to be: 1) To contribute towards or for the benefit or furtherance of such charitable instilulions or charitable purposes in such a manner and (if more than one) in such shares as the trustees shall in their absolute discrelDn from lime to time determine and in particular but wilhout prejudice to the generality of the foregoing to or lowards or for all or any of the charilable purposes 2) To make grants principally in respect of drama, music and arts leaching at Thomas Mills School and, secondarily. to make grants for other applications by pupils at Thomas Mills School in relation to sports and other activilies 3) To make grants to persons under the age of 18 years to assist wilh the costs of the study of music and singing as well as coaching in live musical performance and to include without limitation the cost of buying musical instruments, vocal coaching, associated musical equipment, the cost of rehearsal rooms and the Gost of putting on of live performances.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Achievements and performance Signilicant activities and achievements against objeclives Further grants were given to Thomas Mills High School, lo continue to provide students and leachers with top class learning reSoUr￿s. The main focus of this year's increased grant has been the refurbishment of the changing rooms. Both areas were re-designed and re-fitted improving the accessibility, increasing the practical space and rebuilding shower and changing areas lo create a variety of options for users. New lighting and repairs to the heating and ventilation systems have brought the Iwo areas up lo a higher standard generally. This has been greatly appreciated by pupils, staff and the wider communily who use our facililies via our Sports Centre. Alongside this we have implemented a more vigorous maintenance programme for Ihe Multi Use Games Area (MUGA). This is coming lo the end of its practical life but this programme is designed to maximise this until such time as we can replace il- and may be a project we approach the Foundation about. Our planned idea of creating a covered space has been held back awaiting the potential wider development of that part of the school with an Arts facility of some form. We are looking forward to further discussion on Ihis and realing something special. Instead, we have invested in our exisling facilities to ensure they are kept at a high standard and improved where possible. This ranges from lighling in the PerformancelDrama sludio, repairs and improvements lo the Fitness suite, improved heating lo Sports Hall 2 etc. We have also invested in maintenance and upgrades to the Music department Mac suite- an immensely important asset lo the department and school particularly now it is used in conjunction with the Gingerbread Studios. The main event of the year for the school was the Anniversary Gala Concert at Snape Maltings - an amazing event which withoul the support of the Foundation and contributors, would not have been possible. It gained national press and recognition of the school's special ethos which supports Ihe Arts at a lime when they have been sidelined or abandoned in many other schools. The concert look place just as Ed published his open letter to the Govemmenl aboul the importance of the Arts within the curriculum. The Art department continues to thrive and as a result of the grant has been able to continue trips and events otherwise not available, offering exceptional artistic opportunities to our pupils. The ambition of the staff is wonderfully demonslraled by making use of a local art gallery to display this yearfs exam work, both for moderation and public display, thus truly involving the school within the local community. Richard Hanley - Director of Music "l am very excited to be able to continue the incredible legacy of music-making at Thomas Mills, so fimily established by Richard Hanley. We are so privileged to have Ihe amazing Gingerbread Studios, with cutting-edge lechnology to rival any professional sludio. l am looking forward to ensuring this facility is used to its full potential. I also hope lo further expand the musical opportunities available lo our pupils, particularly in music produclion and popular music. Wilh such generous financial support, we can continue lo make Thomas Mills a centre of musical excellence in Suffolk.. Anna Ducker- Director of Music "We are hopeful that a new govemmenl returns focus onlo the arts more widely and Thomas Mills is well placed to be ahead of that curve thanks lo the support of the Foundation. Imagination is not just about the arts.. the skills both art and music offer in developing our pupils is hugely impadful. Nikki Scholl - Head of Art The Framlingham Foundation support forThomas Mills High School & Sixth Form has created a unique opportunity for its pupils and we are committed to using Ihis unparalleled opportunity to ensure all our pupils benefit on Iheir learning journey with us.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 As already mentioned, we are together discussing ways of bringing even further emphasis on the arts, and in particular dance and performance, with the development of some of the space around the school. We appreciate this is a long-term project that needs careful consideration and planning. We are moving fO￿ard wilh other developments though: A grow our own projecl run by our pupil-led Eco Council in conjunction with our caterers, with the design of a polytunnel area and garden under way. The aforementioned covered area can be progressed, depending on the larger plans as mentioned, but could be completed as a standalone. Possible support for specific staffing in the arts, which could also include widening the scope lo increase art. The school is grateful for the early paymenl of the grant which has helped the school enormously across 811 of the arts and P.E. My plan is lo patjse in the 25126 academic year to allow further discussion on future projects and budgets. We hope that you agree Ihal we may use this years, money to more directly support staff costs in Music, Drama and ArtIPhotography as we consolidate our posilion whilst wailing for the lagged funding that will follow the large increase in pupil nLtmbers arriving in September. we would welcome a meeting at some point with the Foundation and stakeholders to assess their priorities and our ideas for future developments. The charity donated fijrther funds lo Morabe Rural Music, to addresses inequity in music education and widens and improves opportunities for children and young people, and across the local community, in a spedrum of activities and opportunities across all age groups, ranging from pre-school to our local care home at Rendlesham village. MRM develops the suslainability, reach and diversity of its engagement with this village school and its community. Fostering new skills, social and cultural capital, and excellence. Lastly, the foundation continued to grant young applicants funds under'The Ed Sheeran Suffolk Music Foundalion, fund. ESSMF is a charitable music foundalion which aims to help young people under the age of 18, and living in Suffolk (UK), with small but useful grants to help with studying or playing music. These granls could be used for almost anything, such as buying an instrument, funding your music studies, or paying for rehearsal space. Flnancial review Reserves policy 11 is the policy of the charity that unrestricted funds which have nol been designated for a specific use should be maintained at a level to allow the work of the charity lo continue going forward. The truslees consider that reseNes at this level will ensure that, in the event of a significant drop in funding or any unexpected but necessary expenditure, Ihat they will be able to continue the charity's current activities, while consideration is given to ways in which additional funds may be raised. structure* governance and management The charity is a company limited by guarantee governed by its Memorandum and Articles of association. 11 is regislered as a charity with the Charity Commission and Ihere are currently 3 trustees, all of whom do not have a beneficial inlerest in the company. The trustees, who are also the directors for the purpose of company law, and who seNed during the period and up to the date of signalure of the financial slatements were: WAshursl S Camp S Hardwick Recruitment and appoinlment of tnjstees The charity currenlly has one employed staff member, with the routine buslness of Ihe Irust being carried out by Ihe truslees. The management of the charilies asset5 are monitored by the board of trustees solely. The trustees meet regularly throughout the year and communicate frequently by lelephonelemail to discuss trust matters and policies.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The Truslees, report was approved by the Board of Trustees. W Ashurst Trustee Date: 29.11. 1

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrlcted Unrestricted funds funds 2024 2023 Notes Income and endowments from: Donations and legacies other income 892,528 2,716 367,854 3,912 Total income 895,244 371,766 Expenditure on: Raising funds Charitable activities other expenditure 186,474 324,048 365,759 19,500 444,103 2,524 Total expenditure 876,281 466.127 Net incomellexpenditurel and movement In funds 18,963 (94,361) Reconciliation of funds: Fund balances at 1 January 2024 244,153 338,514 Fund balances at 31 December 2024 263,116 244,153 All income and expenditure derive from conlinuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION BALANCE SHEET AS AT31 DECEMBER 2024 2024 2023 Notes Current assets Debtors Cash at bank and in hand 235,242 31,614 360,226 266,856 360,226 Creditors: amounts falling due withln one year 11 <3,740) (116,073) Net current assets 263,116 244,153 The funds of the charity Unrestricted funds 263,116 244,153 263,116 244,153 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Acl 2006, for the year ended 31 December 2024. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 wilh respect lo accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance wilh section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. Zq.:!O:LS The financial statements were approved by the trustees on .-. W Ashurst Trustee Company registration number CE009334 (England and Wales)

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting pollcies Charity infomiation The Framlingham Foundation Trust is a private company limited by guarantee incorporated in England and Wales. The registered Offi￿ is 41 Great Portland Street, London, W1W 7LA. 1.1 Accounting convention The financial statements have been prepared in accordance with the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in awordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019) and Ihe Companies Act 2006. The charity Is a Publio Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial slalements are prepared in slerling, which is the functional currency of the charity. Monetary amounls in these financial statements are rounded to the nearest £. 1.2 Going concern At the time of approving the financial statements, Ihe trustees have a reasonable expectation that Ihe charity has adequate reSoUr￿S to continue in operational existence for the foreseeable future. Thus the trustees continue lo adopt the going concern basis of accounting in preparing the financial slalements. 1.3 Charltable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. 1.4 Incoming resources Income is recognised in the Statement of Financial Aclivilies, when the charity is legally entitled to it, can be measured reliably, and is probable Ihal income will be received. 1.5 Resources expended Expenses are recognised in the Statement of Financial Activities, when the charily has a legal or constructive obligation, which can be measured reliably and it is probable that a transfer of economic benefits will be required in settlemenl. Expendllure is accounled for on an accruals basis and have been classified under headings that aggregate all cost related to the category. 1.6 Flnancial instruments The charily has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Seclion 12 'other Financial Inslrumenls Issues, of FRS 102 lo all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabililies are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an inlention to settle on a nel basis or to realise the asset and settle the liability simultaneously.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Donatlons and legacies 2024 2023 Donations 892,528 367,854 other income 2024 2019 Other income 2,716 3,912 Raising funds general 2023 2024 Fun Slaff costs 185,178 19,500 Tradi Support costs 1,296 186,474 19,500 Expenditure on charitable activities Grants and Grants and donations donations 2024 2023 Direct costs Grants to Thomas Mills School Donation lo Familingham Parochian Church Council Morabe Rular Music Donations lo Under 18 Suffolk based music students 280,000 280,000 10,000 35,000 9,048 154,103 324,048 444,103 Analysis by fund Unrestricted funds 324,048 444,103 Trustees No trustees, nor any persons connected with them, received any remuneration or benefits from the charity during the year to 31 December 2024.

THE FRAMLINGHAM FOUNDATION TRUST TIA THE ED SHEERAN SUFFOLK MUSIC FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 other 2024 2023 Insurance Other cos15 Postage Website costs Bank Charges 572 357,384 5,818 822 1,163 448 488 443 1,145 365,759 2,524 Taxation The chariiy is exempt from tax on income and gains falling within section 505 of Ihe Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to Ihe extent that these are applied to its charitable objects. Debtors 2024 2023 Amounts falling due within one year: Other debtors 235,242 10 Loans and overdrafts 2024 2023 Bank overdrafts 108 Payable within one year 108 11 Creditors: amounts falling due within one year 2024 2023 Notes Bank overdrafts other creditors Accruals and deferred income 10 108 2,336 1,296 110 115,963 3,740 116,073 12 Related party transactions There were no related party transactions for the year ended 31 December 2024. 10

THE FRAMLINGHAM FOUNDATION TRUST T/A THE ED SHEERAN SUFFOLK MUSIC FOUNDATION INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE FRAMLINGHAM FOUNDATION TRUST

I report to the trustees on my examination of the financial statements of The Framlingham Foundation Trust (the charity) for the year ended 31 December 2024.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of ACCA, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Rob Henderson

Astute Services Limited

44-46 Regent Street Rugby CV21 2PS England Oct 31, 2025 Date: ............................

Signature:

Rob Henderson (Oct 31, 2025 10:32:02 GMT)

Email: rob@astuteservices.com

Framlingham report

Final Audit Report

2025-10-31

Created: 2025-10-31 By: Stephanie Hardwick (stephanie@41gp.com) Status: Signed Transaction ID: CBJCHBCAABAAWWkz0VpEIsc2R2yfgfEsYmZqX21z0xqh

"Framlingham report" History

Document emailed to astuterob1966@gmail.com for signature

2025-10-31 - 10:31:26 AM GMT

Agreement completed.

2025-10-31 - 10:32:03 AM GMT