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← Nuclear Community Charity Fund

2024-03-31-accounts

Do¢usign Envelope ID.. 88CCF9C1_AF5640A&B186-92692BD15AFC Charity Registratlon No. 1173544 Company Reglstratlon No. CE011133 (England and Wales) NUCLEAR COMMUNITY CHARITY FUND TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Docusign Envelope ID.. 88CCF9CI-AF5640AC-818&92692BD15AFC NUCLEAR COMMUNITY CHARITY FUND LEGALAND ADMINISTRATIVE INFORMATION Trustses Mr l Hall (Chaiman) Mr W Long (Treasurer) Mrs T Morris (Secretary) Mr T Jeffery Mr D James Mr R Hyde Mr R Frost Mr L Howland Mrs L Bainbridge Charlty numbor 1173544 Company number CE011133 Prlnclpal addr••8 91 Stonehill Caslle Donnington Derbyshire DE74 2LZ Audltor Newby Caslleman LLP West Walk Building 110 Regent Road Leicester LE17LT Inve8lJnont advlsors BlackRock PO Box 545 Darlington DL19TQ Bankern CAF Bank 25 Kings Hill Avenue Kings Hlll West Malling Kent ME19 4JQ

Docuslgn Envelope ID.. 88CCF9C1-AF5MOAC-B186-92692BD15AFC NUCLEAR COMMUNITY CHARITY FUND CONTENTS Page Trustees, report Independent audltorfs report Statement of financial activities Balance sheet 10 Notes to the financlal statements

Docusign Envelope ID.. 88CCF9C1-AFSNOAC-B18&92692BD15AFC NUCLEAR COMMUNITY CHARITY FUND TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees of the Nuclear Community Charity Fund ('NCCF°) are pleased to present their annual report and financial statements for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities.: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (2019). Ob'octives and actlvities The charty's objects are to support the Nuclear Test Veterans community through the funding and running of a number of projects. The NCCF was established by funding received from HM Treasury by way of grant and endowment under the Aged Veterans Fund. The Objectives of the NCCF are.. (11 The organisation is established to deliver education, research and support activities to ease suffering, increase health, wellbeing and enhance social inclusion of the British Nuclear Survivor Community. This community is formed of veterans ofthe British Nuclear Testing Programme, theirfamilies and descendants, extending to any person who may have encountered potential clastogenic exposure of radiological or chemical agents in the service of the nation and their families and descendants. {2> To conduct or promote research into the causes and effects and treatment of such clastogenic exposure and to disseminate the results of such research. (3) To provide financial assistance and support by way of grants gifts or otherwise in deserving cases of need of any of the identified beneficiaries. {4} To gather and preserve the heritage of the experiences of the member8 of the British Nuclear SuDiivor Community and to facilitate acts of remembrance. (5) To provide a communications network to disseminate any interesting or relevant news and information throughout the British Nuclear Survivor Communty. {6) To work in 8UPPOrt ofthe benefit of the members of the Brrtish Nuclear Survivor Community. During this financial period, the NCCF carried out these objects by.. Contributing professional support to the management of the Centre for the Health Effects of Radiological and Chemical Agents ICHRC) at Brunel University London. This support enabled the CHRC to.. act as a national knowledge hub for scientific, health & wellbeing and, policy-related work deliver a programme of scientific research make information accessible and provide evidence-based education and training enhance care and wellbeing through increased understanding coordinate activities with partners at the international level This activity was primarily focused on our beneficiary community. The continued delivery of the Care Wellbeing and Inclusion Fund to beneficiaries, which directly addresses the reduction of suffering and increase of wellbeing, by providing good5 and services to address those issues unaddressed by the State. Communications activrties are principally delivered through the charity's magazine 'Exposure' and its online website. Other activities supporting the organisation's aims are delivered on a more opportunistic basis, allowing the NCCF to adapt and change to address situations within the community while maintaining the charity's aims.

Docusign Envelope ID.. 88CCF9C1-AF5mOAC-B1￿926g2BDISAFc NUCLEAR COMMUNITY CHARITY FUND TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Adopting this approach has seen the NCCF increase its support across the beneficiary community following the introduction of the Community Care Check Pilot, funded by a £70k two-year grant from the Office for Veterans Affairs. Publlc Beneflt In fomiulating and applying these objectives, the Trustees have referred to the guidance from the Charity Commission on Public Benefit. The Charity meets its public benefit requirements by providing grant funding for research, providing goods and services for beneficiaries, and communty outreach (in particular communications and remembrance). Achlevements and erformance The NCCF'S adaptability and continual development philosophy have been evident in our new activities. The board has adeptly used remote working facilities and app-based automation to manage rising administration costs effectively, demonstrating our commitment to efficiency and innovation. Our commitment to the nuclear community has been unwavering as dramatic events involving other organisations unfolded. The BNTVA CIO trustees, recognising our dedication, asked the NCCF to become the custodian of their community responsibilities, a testament to our integral rofe in the nuclear community. The NCCF has achieved significant milestones, taking over the responsibility for community activities relating to Remembrance, Reunion and Communication. Under the banner of BNTVA Connect, we managed the National Atomic Veterans Awareness Day at the National Memorial Arboretum and organised the first Nuclear Community Convention for May 2024. Our Exposure magazine now features a BNTVA editorial section, and we have provided support to the BNTVA Museum Communty Interest Company, preserving the unique heritage of our beneficiary community. While the number of General Grant applications remained steady, the launch of the outreach stage in January 2024 saw a significant increase in the Office for Veterans Affairs-funded Community Care Check Pilot scheme. This proactive approach demonstrates our commitment to enhancing our services and meeting the needs of our community. The new trustees recruited at the end of the previous year have added diversity from perspective and expertise to the board, cementing their ability to deliver against aims in the coming year. Building on the early lessons of the Community Care Check Pilot, we have incorporated automated systems and refined our general grant decision and delivery systems. We eagerly await the assessmenl and publication of the project report in mid-2025, as it will guide our future strategies and ensure the most affective delivery of our aims. Flnancial revlow The resums for the year ended 31 M8rch 2024 are set out in the statement of financial activities on page 9, which the Trustees consider to be satisfactory. The Trustees consider the results to be acceptable with total income increasing to £188,182 (2023 £111,014), total expenditure increasing to £195,578 (2023 £147,096}, gains on investments were £50,668 (2023 - £341,877 loss) and the net movement in funds was an increase of £43,272 (2023 - £377,959 decrease). The principal source of income is the annual income from investments. The Trustees regularly review the organisational health of the charity to enable implementation of the charities aims. Reserves pollcy Reserves are needed to cover any immediate drop in income caused by external unforeseeable circumstances. It is the policy of the board of trustees to maintain unrestricted reserves at £50,000, being approximately six months of unrestricted support costs. Other unrestricted fund expenditure, including grant expenditure, is funded through drawing down capital from the expendable endowment, with the exception of goods and services for beneficiaries which is funded through dividend income.

Docusign Envelope ID.. 88CCF9C1-AF5640Ac-B1￿92692BDl SAFC NUCLEAR COMMUNITY CHARITY FUND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Total reserves at 31 March 2024 were £2,992,681, this includes endowment funds of £2,866,044, and restricted funds of £48,940. This leaves unrestricted funds of £77,697, which the Trustees deem to be broadly in line with the resenies policy. Risk Management The truslees have considered the major risks to which the charity is exposed and have reviewed those risks and established systems and procedures to manage those risks. Through our contractors BH Associates, we have facilitated the d&velopment of systems to identify risk and also undertaken training to enhance trustee awareness. The trustees consider the variabilty of investment returns on the pennanent endowment to constitute the charity's major financial risk and recent extreme volatility in world stock markets has demonstrated this risk. Our principal investment8 are through BlackRock and the trustees avail themselves of BlackRock's provision of investment presentations and activities to enhance their understanding of and ability to make decisions on the invested funds. The trustees take account of the outlook for investment returns and keep the level of awards under review. The Care Wellbeing and Inclusion Fund grants are managed by our service contractor who ensures close attention to minimising risks of overspend and inappropriate resource allocations, all under the oversight of the trustees, thus addressing those risks. Struc uro ovemance nd mana em•nt The Nuclear Community Charity Fund INCCF) is a Foundation basis Charitable Incorporated Organisation, registered charity number 1173544 governed by its constitution of April 2017 as amended in May 2018. The NCCF was established by funding received from HM Treasury by way of grant under the Aged Veterans Fund. The Charty is run by its Board of Trustees, with the day to day running of the charity contracted out to a specialist supplier, BH Ass(xiates, subject to the supeNision and approval of the Trustees. The seNice area activities for BH Associates com rise.. Communications Reception Services, Letter Writing, Post Services, Website hosting and maintenance, azine roduction sical and virtual General Project Management, Event Management, IT system maintenance and develo ment. Bookkee Services Invoice Mana ement Auditor Liaison. Governance consultation, compilation and submission of regulatory documentation, Maintenance of re ulato re isters. Beneficia database maintenance. Processing applications, Researching and presenting to grant panel. Sourcing, anisin and Mana the rovision of oods and seniices. Mana emenl fees for delive ofke five service areas. Operations Finance Governance CWI Fund Mana ement In benchmarking the value of the contract awarded to BH Associates, the trustees have considered the cost and effectiveness of undertaking these activities in house or through outsourcing with different suppliers. The Trustees who served during the year and up to the date of signature of the financial statements were.. lan Hall- Chairman William Long- Treasurer Tracy Morris - Secretary Tony Jeffrey Donald James Richard Hyde Laurence Howland Roger Frost Lisa Bainbridge

DocusSgn Erwelope ID.. 88CcFgC1-AF5eAoAC-B1￿92692BD1sAFc NUCLEAR COMMUNITY CHARITY FUND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 New trustees are appointed by the existing trustees and serve for an initial probationary 12 months after which their appointment may be confirmed resulting in a further ￿0-year appointment after which they may put themselves forward for re-appointment. Trustees who have already served for a minimum period of two years may put themselves fonNard for further three-year appointments. The NCCF Constitution provides for 8 minimum of 3 trustees. At the Annual General Meeting, the trustees agree on the broad strategy and areas of activity for the CIO. including consideration of grant-making, investment, reserve5 and risk management policies and performance for the forthcoming year. In be￿een AGM'S the Trustees communicate via secure on-line discussion groups and prearranged video conferences to discuss and resolve and key decisions requiring a timely reaction. The day-to-day administration of grants and the pr￿essing and handling of applications prior to consideration by the relevant subcommittee is delegated to the Chairman who uses the Services of our retained contractor to perform all daily activities. A Grant Panel drawn from the body of trustees, conduct reviews of applications for support via physical meeting or on-line discussion to ensure they fulfil the relevant criteria and make recommendations as to the funding. The Grant Panel also consider the monitoring infomation concerning the performance of grants to date and make recommendations to the trustees concerning the extension, cessation or suspension of existing grant approvals. The trustees have an open recruitment policy, looking to enhance the charities abiltties by the recruitment of trustees with diverse experiences. This has proved essential given the average age of the founding trustees and the need to future proof the charity. A policy that new trustees seNe for an initial 12 months to ensure both parties are happy with the arrangement was introduced during the year and it is hoped that thi8 will provide a more appealing recruitment factor. The charity has in place a series of Policy statements, Documents and registers ensuring full compliance with all Charty Commission guidance on charity management. This portfolio of documentation is also subject to regular review and throughout the year actions have been taken, where required, to ensure the charity compliance ability is fully achieved, On appointment new trustees sign a model truslee declaration statement committing them to give their time and expertise. They also complete the requisite Anti-money Laundering checks and make the various COIIROI and Related Party disclosures. They receive access to the confidential charity intranet where they can access all governance resources including,. A brief history of the NCCF, Trustee board and any sub- committee minutes, All Annual Reports and Accounts, Constitution and copies of the Charity Commission's guidance 'The Essenlial Trustee.. What You Need to Know, and 'Charrties and Public Benefit,, All other policy and guidance documentation issued by the charity and any other Charity Commission guidance that the Trustees feel they need greater awareness of. A basic trustee competency training package has been piloted to enable trustees to obtain a certificate of competence in their legal responsibiif(ies under UK charities legislation and we intend to further develop this facility in the future enhancing the abilrties of our trustees. All trustees give of their time freely and no trustee remuneration was paid in the year. Details of trustee expenses and related party transactions are disclosed. Trustees are required to disclose all relevant interests and conflicts, registering them with the Chairman. In accord with NCCF policy individual trustees will withdraw from decisions where a conflict of interest or a conflict of responsibility may arise. None of the trustees has any beneficial interest in the charity. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding-up. Statement of trustees. res onsibillties The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Docuslgn Envelope ID.. 88CcF9C1-AFSfAOAC-B1￿92692BD15AFc NUCLEAR COMMUNITY CHARITY FUND TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give a true and fairview ofthe stale ofaffairs ofthe charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the charities SORP 2019 (FRS 102)., make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statemenls comply wrth the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. They are also responsible for safegu8rding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. A resolution to reappoint Newby Castleman as our auditors will be put to members at the forthcoming Annual General Meeting. On behalf of the board of trustees Mr l Hall (Chairman) Trustee 16-12-2024 Date..

Docusign Envelope ID.. 88CCF9C1-AF5640AC-B18&926928D15AFC NUCLEAR COMMUNITY CHARITY FUND INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF NUCLEAR COMMUNITY CHARITY FUND Opinlon We have audited the financial statements of Nuclear Community Charily Fund (the 'charity') for the year ended 31 March 2024 which comprise the statement of financial activities, the balance sheet and the notes to the finan¢ial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including FRS 102 The Financial Reporting Slandard applicable in the UK and Republic of lrnland (United Kingdom Generally Accepted Accounting Practic81. In our opinion the financial slatements.. give a true and fair view of the state of the charity's affairs as at 31 March 2024 and of its incoming resources and application of resources. including its income and expenditure, for the year then ended., have been properly prepared in accordance With United Kingdom Generally Accepted Accounting Pract￿￿,. and hav8 been prepared in accordance with the requirements of the Charities Act 2011. Ba818 for oplnlon We Conducted our audit in accordance with Inlernatlonal Standards on Audlllng (UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audlt evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons relatlng to golng concern In auditing the financial statements, we have concluded that the trustees, use of the going concem basls of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identrfied any material uncertainties relating lo events or conditions that. individually or collectively, may casl significant doubl on the charrty's ability lo continue as a going concern for a period of at least twelve months from when the financial statements are authorised for Issue. Our responsibilrlies and the responsibilities of the trustees with respect to golng concem are described In the relevant sections of Ihis report. Othor Infornlatlon The other information comprises the information included in the trustees, report, other than the financial statements and our auditor's report Ihereon. The twstees are responsible for the other informalion contained within the trustees, report. Our opinion on the financial stalemenls does not cover the other information and, except lo the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is lo read the other infomiation and, in doing so, consider whelher the other infomiatlon is materially inconsistent with the financial statemenls or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparenl material misstatements, we are required to determine whether Ihere is a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required lo report that fa¢t. We have nothing to report in this regard.

Docuslgn Envelope ID.. 88cCF9C1-AF5￿oAc-B1￿926928DIsAFc NUCLEAR COMMUNITY CHARITY FUND INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF NUCLEAR COMMUNITY CHARITY FUND Mattern on which we are required to report by exceptlon We have nothing to report in respect of the following matters in relation to which the Charities {Ac¢ounts and Reports) Regulations 2008 require us to report lo you if, in our opinion.. the infomiation given in the financial statements is inconsistent in any material respect with the tTUStees' report., or the charity has not kept adequate accounting records., or the financial slatements are not in agreement with the accounting records and retums., or we have not received all the information and explanalion5 we requir8 for our audit. Re6pon$lbilitles of trustèe8 As explained more fully in the trustees, responsibilities statement set out on page 5, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as Ihe trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the ¢harity's ability lo continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend lo liquidale the charity or to ¢ease operations, or have no realistic alternative but to do so. Audltorfs r•sponslbllltle8 for tho audlt of tho finan¢lal 8tatsments We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that act. Our objectives are to oblain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an audilorfs report that in¢ludes our opinion. Reasonable assurance is a high level of assurance but is nol a guarantee that an audil conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Mis51atements can arise from fraud OT error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basls of these financial statement8. Irregularilies, including fraud, are instances of non-compliance with laws and regulations. We d8sign procedures in line with our responsibilities, oullined above, to detect material misstatements in respect of irregularitiès, including fraud. The extent to which our procedures are Capable of detecting irregularities, including fraud, is detailed below. Extent to whlch tho audlt was ¢on•idored capable of detsctlng Irregularfties We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perfomi audit pro¢edures responsive lo those risks, including obtaining audit evidence that Is sufficient and appropriate to provide a basis for our opinion. However, responsibility for the prevention and detection of fraud ultimately rests with bolh those charged with governance and management of the charity. In identifying and assessing risks of material misstatement In ￿SpeCt of irregulaTilies, including fraud and non- compliance wilh laws and regulalions, our procedures included the following.. obtaining an understanding of the legal and regulatory framework applicable to the charity by considering the nature of the industry in which the charity operates and enquiring of management., and identifying the key laws and regulalions considered to have a direct impact on the financial statements inciuding the UK Charities Act 2011 and UK Generally Accepted Accounting Practice,. and assessing how the charity is complying with the applicable legal and regulatory framework by making further enquiries of management and obseNng the Company's control environment regarding compliance with regulations and fraud prevention., and assessing the susceptibility of the charity's financial statements to material misstatemenl, including how fraud might occur, by considering the effecliveness of the charity's accounting systems and controls and how these were monitored by management. ￿ere the risk of material misstatement was considered to be higher in certain areas, further audit procedures were designed to address this increased risk- and discussing amongst the engagement team how and where fraud might occur in the financial statements and any potential indicators of fraud.

NUCLEAR COMMUNITY CHARITY FUND

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF NUCLEAR COMMUNITY CHARITY FUND

Audit response to risks of irregularities identified

Our procedures to respond to risks identified included the following:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditors-responsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Newby Castleman LLP

23 December 2024

Chartered Accountants Statutory Auditor West Walk Building 110 Regent Road Leicester LE1 7LT

Newby Castleman LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

Oocusign Envelope ID.. 88CCF9c1_AF5￿OA&Bl8￿92692BD1sAFc NUCLEAR COMMUNITY CHARITY FUND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Unrestrictsd Restricted Endowment funds funds funds 2024 2024 2024 Total Total 2024 2023 Notes Incomo from: Donations Charitable activities Investment5 18 18 70.000 118,164 70,000 118,164 111,009 Total 118,182 70,000 188,182 111,014 Expendlturo on: Charitable activities 174,518 21,060 195,578 147,096 Total 174,518 21,060 195,578 147,096 Not gainsl{losses) on investment$ 12 50,668 50.668 (341,877) Net lexpendlturolllncome {56,336) 48,940 50,688 43,272 {377,9591 Transfers be￿een funds 16 55,034 (55,034) Net movemont In fund• (1,302) 48,940 (4,366) 43,272 (377,959) Recon¢lllatlon of funds Total fvnds brought forward 78,999 2,870,410 2,949,409 3.327,368 Total fund8 ¢arrlod forward 77,697 48,940 2,866,044 2,992,681 2,949,409 The stalement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

Docusign Envelope ID.. 88CCF9C1_AF5NOAC-B1￿92692B01sAFc NUCLEAR COMMUNITY CHARITY FUND BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Nots8 Flxed assets Investments 13 2.866,044 2,870,410 Current assets Debtors Cash at bank and in hand 14 97,693 38,295 48,347 36,642 135,988 84,989 Credltors: amounts falllng duo wlthln onè year 16 (9,351) (5,990) Net current assets 126,637 78,999 Totsl assets less current Ilabllllles 2,992,681 2,949,409 Charlty funds Endowment funds Restrided funds Unrestrlcted funds 16 17 18 2,868,044 48,940 77,697 2.870,410 78,999 Total charlty funds 2,992,681 2,949,409 16-12-2024 The financial statements were approved and authoTised by the board of trustees on on ils behalf by: and are signed 813n•d by.. by.. ¢taLL Mr l Hall (Chaiman) Trustse Mr W Long {Treasurer> Tru8ts0 The notes on pages 11 19 fomi part of thes8 finan¢lal statements. 10-

Docusrgn Envelope ID.. 88CCF9c1-AF5640AC-B1￿y26g2BD1sAFc NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policles Charity Infomiation Nuclear Community Charity Fund is govemed by its constitution. 1.1 Ba$1$ of preparatlon The charity is a public benefit entity as defined by FRS 102. These financial stalements have been prepared in accordance with.. The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {"FRS 102.), Accounting and Reporting by Charities- the Statement of Recommendèd Practice for charities applying FRS 102 (2019), the Charities Act 2011 and UK Generally Accepted Accounting Pradice. The financial statements are prepared in sterfing, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include investments at fair value. The principal accounting policies adopted are sel out below. These policies have been consistently applied. 1.2 Golng concem Al the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue In operational existence for the foreseeable future. Thus the trustees ¢ontinue to adopt the golng concern basis of accounting in preparlng the financial statements. 1.3 Charltable fund* Unrestricted funds are available for use al Ihe discretion of the trustees in furtherance of their charitable objedives. Reslricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular Purposes. The cost of raising and administering such funds are Charged against the specific fund. The aim and use of each restricted fund is set oul in the notes lo the financial statements. Endowment funds include an expendable endowment, which should be maintained for 15 years. The capital can be drawn down and used over the course ofthis period. 1.4 Income re¢ognition Income is recognised when the charity is legally entitl8d to it after any performance conditions have been mel, the amounts can be measured reliably, and it is probable that income will be received. Cash donations a￿ ￿cogniSed on receipt. Other donations are recognised once th8 charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation lo donations received under Gift Aid or deed5 of covenant is recognised at the time of the donation. Income from charitable activities includes income received from grants. Such income is recognisèd at fair value when the charity has entitlement after any performance conditions have been met, it is probable thal the income will be re￿iVed and the amounl can be measured with reliability. If entitlement is not met, then the amounts are deferred. Investment income is earned through holding assets for investment purposes. It comprises dividend income as well as bank interest and is recognised on an accruals basis. 11

Docusign Envelope ID.. 88CCF9C1-AF5640AC-B186-92692BD15AFC NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng poll¢le$ (Continued) 1.5 Expendlture recognition All expenditure, inGiuding the awarding of grants, is accounted for on an accruals basis and has been classified under headings that aggregate all cosls relating to the category. Expenditure is recognised when there is a legal or constructive obligation to make payments to third parties, it is probable that settlement will be requirèd and the amount of the obligation can be measured reliably. It is recognised under expenditure on charitable activities. 1.6 Support ¢08ts Support costs are those that assist the work of the charity but do not directly represenl charitable aclivities and include office and governance costs. They are incurred directly in support of expenditure on the objects of the charity. Support costs are allocated to expenditure on charitable aclivilies on a basis consist￿1 with use of the resources. The analysis of these costs is included in note 8. 1.7 Flxed asset Investments Fixed asset investments are measured at fair value at each reporting date. Changes in fair value are recognised in net incomellexpenditure) for the year. 1.8 Cash and cash equivalonts Cash and cash equivalents include cash In hand, deposits held at call with banks, other Shor￿terM liquid investments with original maturities of three months or less, and bank overdrafts. 1.9 Flnancial Instrumonts Financial instruments are racognlsed in the charity's balance sheet when the charty becomes party to the contractual provisions of the instrument. Debtors and credilors with no stated interest rale and receivable or payable wilhin one year are measured at transaction price. Any losses arising from impairmenl are recognised in the Statement of Financial Activiti&s ("SOFA"I. Crltlcal accountlng 08tlmates and Judgements In the application of the charity's accounting policies. the trustees are required to make judgements, estimates and assumptions about the Carrying amount of assets and liabilities thal are not readily apparenl from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo awounting estimates are recognised in the period in which Ihe estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. The truslees do not consider there to be any key sources of estimation uncertainty Ihat have a significant effect on the amounts recognised in the financial statements. 12-

Docusign Envelope ID.. 88CCF9C1AF5640AC-B186-926928D15AFC NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from donations Unrestrlctad funds 2024 Totsl Unrestrided funds 2023 Total 2024 2023 Donations 18 18 Income from charllabl• activitles Unrestrlcted Restrfcted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Grant income 70,000 70,000 Income from Investmants Unr88trlctad fund$ 2024 Total Unrestricted funds 2023 Total 2024 2023 Dividends Interest receivable 117,721 443 117,721 443 110,779 230 110,779 230 118,164 118,164 111,009 111,009 13-

Docusign Envelope ID.. 88CCF9C1_AF5640AC.B18&92692BD15AFC NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on charltable a¢tivitie$ Actlvltleg undertaken dlrectly Note 7 Support Costs Total 2024 Total 2023 Note 8 Research Care, wellbeing and inclusion Communty outreach 10,639 120,167 34.304 3,047 21,328 6,093 13,686 141,495 40,397 7,496 100,995 38.605 185,110 30,468 195,578 147,096 Unrestricted funds Restricted funds 174,518 21,060 147,096 195,578 147,096 Expendltur• on actlvltles undortakan dlreclly Rosearch Care, wollbelng Communlty and incluslon outreach Totsl Total 2024 2023 Goods and seNices for beneficiaries Communications Service contractor fees (note 20) 56,332 56,332 37,375 13,026 8,913 95,752 77,350 13,028 21,278 10,839 63,835 10,639 120,167 34,304 165,110 123,638 14-

Docusign Envelope ID.. 88CcF9C1-AF5640A&B1￿92692BD1sAFc NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendlture on support costs 2024 2023 Travel A¢¢ommodation and venue hire Bank charges Audit fees Legal and professional Insurance Service contractor fees (note 20) 2,253 8,859 88 6,564 47 2,018 10,639 2,927 5,046 100 6,252 2,033 1,950 5,150 30,468 23,458 Analysed be￿een.. Charitable activities 30,468 23,458 All support costs have been allocated to charitable activities based on their usage. Support costs include governance costs totalling £8,629 (2023 - £10,235) which are associated with meeting the Constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity. The amount Charged to the SOFA in respect of audllorfs remuneration was £6,564 (2023- £6,252). Taxatlon The charlty is exempt from taxation on its activities because all its income Is applied for Charitable purposes. 10 Trust••s None of the trustees (or any persons connected with them> received any remuneration or benefits from the charity during the year, or in Ihe previous year. 6 trustees were reimbursed for meeting and travel expenses totalling £1,512 (2023 - 8 trustees were reimbursed £1,812). 11 Employ••s Ther8 were no employees during the year. 12 Net galn81(1088es) on investments Total 2024 Total 2023 Revaluation of investments 50,668 (341,877) 15-

Do(#Jsign Envelope ID.. 88CCF9C1AF5640AC-B18&926928D15AFC NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 13 Flxed asset investments Llstsd Investments Cost or valuatlon At 1 April 2023 Valuation changes Dividends reinvested Disposals 2,870,410 50,668 114,966 (170,000) At 31 March 2024 2,866,044 Carrylng amount At 31 March 2024 2,866,044 At 31 March 2023 2,870,410 14 Debtorn 2024 2023 Amounts falllng duè wlthln ono year.. Prepayments and accrued Income 97,693 48,347 15 Credltorn: amounts falllng du• wlthln one year 2024 2023 Accruals 9,351 5,990 16-

Docusign Envelope ID.. 88CCF9C1-AF5640AC-B18&92692BD15AFC NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Endowment funds Endowment funds represent assets held by the charity as an expendable endowment following a grant by the Aged Veterans Fund. When the trustees decide to use this capital a transfer is made out of this fijnd. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestri¢ted income. Any Capital gains or losses arising on the assets fomi part of the fund. Movement In funds Balance at Incomlng Resources Transfers Revaluatlon Balance at 1 Aprll 2023 resou￿0$ expended gains and 31 March losses 2024 Expendable endowmgnts Endowment fund 2,870,410 (55,034) 50,668 2,866,044 2,870,410 (55,034) 50,668 2,866.044 Movement In funds Balance at Incomlng Resources Transfers Revaluatlon Balance at 1 Aprll 2022 Mource8 expended galns and 31 March 108808 2023 Expendable endowments Endowment fund 3,294,852 (82,565) {341.877) 2,870,410 3,294,852 {82,565) {341,877) 2,870,410 17 Restrlctsd funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust sublect to specific condrtions by donors as lo how they may be used, At 1 Aprll 2023 Incoming Resourcvd At 31 March resources expended 2024 OVA Grant 70,000 (21,060) 48,940 The aim of the OVA Grant restricted fund is to enable the charity to deliver a bèspoke programme thal helps to r8cognise and support Nuclear Test Velerans and their families. The programme will help to deliver the Govemment's commitment to recognise the Nuclear Test Veteran community by supporting Ihe development of memorialisation or educational activity and the delivery of direct support. 17-

Docusign Envelope ID.. 88CCF9C1-AF5&40AC.818&92692BD15AFC NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 18 Unrestrlctod funds The unrestricted funds of the charity comprise the unexpended balances of donations and granls which are not subject to specific conditions by donors and grantors as to how they may be used. At 1 Aprll 2023 Incomlng Resources resources expendod Transfers At 31 March 2024 General funds 78,999 118,182 (174,518) 55.034 77,697 Provlous year: At 1 Aprll 2022 In¢omlng Resour¢•• resourc expended Transfern At 31 March 2023 General funds 32,518 111,014 (147,096) 82,565 78,999 19 Analy818 of nèt assets betw•on fund8 Unrostrfctsd Re$trl¢tod Endowment fund8 fund8 funds 2024 2024 2024 Total 2024 Fund balances at 31 March 2024 are Tepresented by.. Investmen18 Current asselsl(liabililies) 2,868,044 2,866,044 126,637 77,697 48,940 77,697 48,940 2,866,044 2,992,681 Unrestrfcted Restrlcted Endowment fund8 funds funds 2023 2023 2023 Total 2023 Fund balances at 31 March 2023 are represented by.. Investments Current assetsl{liabilities> 2,870,410 2,870,410 78,999 78,999 78,999 2,870.410 2.949,409 18-

Docusign Envelope ID.. 88CCF9C1_AF5640AC.818&92692BD15AFC NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Relatsd party transactions Trnnsactlons wlth relatsd partles The trustees have delegated the day to day running of the charity to BH Associates, who report back to the Board of trustees and are therefore deemed to be key management personnel. During the year BH Associates invoiced £107,231 (2023 - £82,500) for their seNi¢es. The scope of BH Associates servi￿$ is set out on page 3 of the trustees, report, with the cost allocation split between direct costs (note n and support costs (note 8). 19-