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← Nuclear Community Charity Fund

2025-03-31-accounts

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 Charity Registration No. 1173544 Company Registration No. CE011133 (England and Wales) NUCLEAR COMMUNITY CHARITY FUND TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr l Hall {Chairman} Mr W Long (Treasurer) Mrs T Morris (Secretary) Mr T Jeffery Mr R Hyde Mr R Frost Mr L Howland Mrs L Bainbridge Mr N Kilby Mr A Kirk (Appointed 5 July 2025) (Appointed 5 July 2025) Charity number 1173544 Company number CE011133 Prlnclpal address 91 Stonehill Castle Donnington Derbyshire DE74 2LZ Audltor Newby Castleman LLP West Walk Building 110 Regent Road Leicester LE17LT Investment advlsors BlackRock PO Box 545 Darlington DL1 9TQ Bankers CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND CONTENTS Page Trustees, report Independent auditor's report Statement of financial activities Balance sheet 10 Notes to the financial statements

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 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 2025. 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"ectives and activities The charity'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.. (1 } 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, their families 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 othe￿iSe in deserving cases of need of any of the identified beneficiaries. {4} To gather and preserve the heritage of the experiences of the members of the British Nuclear SuNivor 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 Community. (6) To work in support of the benefit of the members of the British 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 ICHRCI 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 goods and services to address those issues unaddressed by the State. Communications activities 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.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Adopting this approach has seen the NCCF increase its support across the beneficiary community following the continuation of the Community Care Check Pilot, funded by a £70k ￿0-year grant from the Office for Veterans Affairs. Public Benefit In formulating 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 ServI￿S for beneficiaries, and community outreach lin particular communications and remembrance). Achievements 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 role 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 Community Interest Company, preserving the unique heritage of our beneficiary community. While the number of General Grant applications remained steady, the impact of the continued Community Care Check Pilot maintained the significant increase of grants made under the scheme, as evidenced in the previous financial year. This proactive approach demonstrates OLbr commitment to enhancing our services and meeting the needs of our community. The trustees have continued to develop their abilities and contributions to the charity, ensuring the organisation maintains its ability to deliver against its 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 assessment and publication of the project report in mid-2025, as it will guide our future strategies and ensure the most effective delivery of our aims. Financial review The results for the year ended 31 March 2025 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 decreasing to £77,115 (2024 £188,182), total expenditure increasing to £301,170 12024 £195,578), losses on investments were £90,385 {2024 - £50,668 gain) and the net movement in funds was decrease of £314,44012024 - £43,272 increase). 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 policy ReseNes 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.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Total reserves at 31 March 2025 were £2,678,241, this includes endowment funds of £2,561,304, and unrestricted funds of £116,937, which the Trustees deem to be in line with the reserves policy. Risk Management The trustees 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 development of systems to identify risk and also undertaken training to enhance trustee awareness. The trustees consider the variability of investment returns on the permanent endowment to constitute the charity's major financial risk and recent extreme volatility in world stock markets has demonstrated this risk. Our principal investments 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. Structure overnance and mana ement The Nuclear Community Charity Fund {NCCF) 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 ofgrant under the Aged Veterans Fund. The Charity is run by its Board of Trustees, with the day to day running of the charity contracted out to specialist supplier, BH Associates, subject to the supervision and approval of the Trustees. The service area activities for BH Associates com rise.. Communications Reception Services, Letter Writing, Post Services, Website hosting and maintenance, Ma azine roduction sical and virtual General Project Management, Event Management, IT system maintenance and develo ment. Bookkee SeNices, Invoice Mana ement, Auditor Liaison. Governance consultation, compilation and submission of regulatory documentation, maintenan￿ of re ulato re isters. Beneficia database maintenance. Processing applications, Researching and presenting to grant panel. Sourcing, Or anisin and Mana the rovision of oods and services. Mana ement 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

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 New trustees are appointed by the existing trustees and seNe for an initial probationary 12 months after which their appointment may be confirmed resulting in a further two-year appointment after which they may put themselves fotward for re-appointment. Trustees who have already served for a minimum period of two years may put themselves foNard for further three-year appointments. The NCCF Constitution provides for a 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, reserves 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 processing 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 information 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 abilities 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 serve for an initial 12 months to ensure both parties are happy with the arrangement was Introduced during the year and it is hoped that this 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 Charity 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 trustee 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 Essential Trustee.. What You Need to Know, and 'Charities 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 responsibilities under UK charities legislation and we intend to further develop this facility in the future enhancing the abilities 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 onsibilities 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).

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 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 fair view ofthe state of affairs of the charity and ofthe 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 IFRS 1021., 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 statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. They are also responsible for safeguarding 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. Auditors 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 l)•¢u81ith•d by.. '1382702FEEBC4BF.: Mr l Hall (Chairman) Trustee Date.. 23-01-2026

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF NUCLEAR COMMUNITY CHARITY FUND Opinion We have audited the financial statements of Nuclear Community Charity Fund {the 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet and the notes to Ihe financial statements, including a summary of significant accounting policies. The financial reporting framewotk that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the state of the charity's affairs as at 31 March 2025 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 Practice; and have been prepared in accordance with the requirements of the Charities Act 2011. Basis for opinion We conducted our audil in accordance with International Standards on Auditing (UK) (ISAS {UK}) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilib'es for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements Ihat are relevanl to our audit of the financial statements in the UK, including ihe FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit 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 basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubl on the charily's ability to continue as a going concern for a period of at least ￿e1ve months from when the financial statements are authorised for issue. Our r8sponsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. other information The other informalion comprises the information included in the trustees, report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the trustees, report. Our opinion on the financial statements does not cover the other information and, except to the extent othemse explicitly stated in our report, we do not express any fom of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsislent wilh Ihe financial slatemenls or our knowledge obtained in Ihe course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or appar￿t material misstatements, we are required to determine whether there is a material misstatement in the financial statements themselves. If, based on the work we have perfomed, we conclude that there is a material mBslatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND INDEPENDENT AUDITOR'S REPORT {CONTINUED> TO THE TRUSTEES OF NUCLEAR COMMUNITY CHARITY FUND Matters on which we are required to report by exception We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports} Regulations 2008 require us to report to you if, in our opinion: the infomiation given in the financial stalements is inconsistent in any material respect with the trustees, report., or the charity has not kept adequate accounting records-, or the financial statements are not in agreement with the accounting records and returns., or we have not re￿iVed all the information and explanations we require for our audit. Responslbllltles of trustees As explained more fully in the trustees, responsibilities statement set out on page 5, the trustees are responsible for Ihe preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the 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 charity's ability to 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 to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Audltorfs responslbllltles for the audlt of the flnanclal statements 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 lo obtain 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 auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance th ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or 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 basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, oullined above, to detect malerial misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below. Extent to which the audit was considered capable of detecting irregularities We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to 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 both those charged with governance and management of the charity. In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non- compliance with laws and regulations, our procedures included the following.. obtaining an understanding of Ihe legal and regulatory framework applicable to the charity by considering the nature of the industry in which the charily operates and enquiring of managemenl., and identifying the key laws and regulations considered to have a direct impact on the financial statements including the UK Charities Act 2011 and UK GenerallyAccepted Accounting Practice., and assessing how the charity is complying wilh Ihe applicable legal and regulatory framework by making further enquiries of management and observing the company's control environment regarding compliance with regulations and fraud prevention., and assessing the susceptibility of the charity's financial statements to material misslatement, including how fraud might occur, by considering the effectiveness of the charity's accounting systems and controls and how these were monitored by management. Where the risk of material misstatement was considered to be higher in certain areas, further audil 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 26 January 2026 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.

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted Endowment funds funds funds 2025 2025 2025 Total Total 2025 2024 Notes Income from: Donations Charitable activities Investments 18 70,000 118,164 77,115 77,115 Total 77,115 77,115 188,182 Expenditur8 on: Charitable activities 252,230 48,940 301,170 195,578 Total 252,230 48,940 301,170 195,578 Net gainsl(losses) on investments 12 190,385) {90,3851 50,668 Net {expendlture)Ilncome <175,115) (48,9401 190,385) (314,4401 43,272 Transfers between funds 16 214,355 1214,355) Net movement In funds 39,240 (48,9401 1304,740) (314,4401 43,272 Reconclllatlon of funds Total funds brought fomard 77,697 48,940 2,866,044 2,992,681 2,949,409 Total funds carried forward 116,937 2,561,304 2,678,241 2,992,681 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies.

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Flxed assets Investments 13 2,561,304 2,866,044 Current assets Debtors Cash at bank and in hand 14 20,989 101,938 97,693 38,295 122,927 135,988 Credltors: amounts falllng due wlthln one year 15 {5,990} 19,351) Net current assets 116,937 126,637 Total assets less current Ilabllltles 2,678,241 2,992,681 Charlty funds Endowment funds Restricted funds Unrestricted funds 16 17 18 2,561,304 2,866,044 48,940 77,697 116,937 Total charlty funds 2,678,241 2,992,681 The financial statements were approved and authorised by the board of trustees on on its behalf by.. 23-01-2026 and are signed Owu819Tr•d by.. Do¢u8lJn•d by.. .13￿02FEEeC46P.:.' 91125DsrJ97￿49B:. Mr l Hall (Chairman) Trustee Mr W Long {Treasurer} Trustee The notes on pages 11 19 form part of these financial statements. 10-

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information Nuclear Community Charity Fund is governed by its constitution. 1.1 Basis of preparation The charity is a public benefit entity as defined by FRS 102. These financial statements have been prepared in accordance with.. The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {"FRS 102,1, Accounling and Reporting by Charities.. the Stalement of Recommended Practice for charities applying FRS 102 (20191, the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial statements are prepared in sterfing, which is the functional currency of the charity. Monetary amounts in these financial stalements 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 set out below. These policies have been consistently applied. 1.2 Golng concern At 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 trLk8tees continue to adopt the going concern basis of accounting in preparing the financial slatements. 1.3 Charltabl8 funds Unrestricted funds are available for use at the discretion of the trust88s in furth8rance of their charitable objectives. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charily 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 out in the notes to 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 of this period. 1.4 Income recognltlon Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipl. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised al the time of the donation. Income from charitable activities includes income received from grants. Such income is recognised at fair value when the charily has entitlement after any performance conditions have been mel, it is probable that the income will be received and the amount 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.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.5 Expenditure recognition All expenditure, including the awarding of grants, is accounted for on an accruals basis and has been classified under headings that aggregate all costs 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 required and the amount of the obligation can be measured reliably. It is recognised under expenditure on charitable activities. 1.6 Support costs Support costs are those that assist the work of the charity but do not directly represent charitable activities 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 activities on a basis consist￿t 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 incomel{expenditurel for the year. 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original malurities of three months or less, and bank overdrafts. 1.9 Flnanclal Instruments Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Debtors and creditors wilh no stated interest rate and receivable or payable within one year are measured al transaction price. Any losses arising from impairment are recognised in the Statement of Financial Activities ("SOFA"). Critical accounting estimates 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 that are not readily apparent 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 to accounting estimates are recognised in the period in which Ihe estimate is revised where the revision affects only thal period, or in the period of the revision and future periods where the revision affects both current and future periods. The trustees do not consider there to be any key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements. 12-

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations Unrestricted funds 2025 Total Unrestricted funds 2024 Total 2026 2024 Donations 18 18 Income from charitable activities Unrestrlcted Restrlcted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Grant income 70,000 70,000 Income from Investments Unrestrlcted funds 2025 Total Unrestricted funds 2024 Total 2025 2024 Dividends Interest receivable 76,158 957 76,158 957 117,721 443 117,721 443 77,115 77,115 118,164 118,164 13-

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activities Activities undertaken directly Note 7 Support Costs Total 2025 Total 2024 Note 8 Research Care, wellbeing and inclusion Community outreach 14,924 202,512 36,697 4,704 32,926 9,407 19,628 235,438 46,104 13,686 141,495 40,397 254,133 47,037 301,170 195,578 Unrestricted funds Restricted funds 252,230 48,940 174,518 21,060 301,170 195,578 Expendlture on actlvltles undertaken dlrectly Research Care, wellbelng Communlty and inclusion outreach Total Total 2025 2024 Goods and services for beneficiaries Communications Service contractor fees (note 201 112,971 112,971 56,332 6,850 6,850 13,026 29,847 134,312 95,752 14,924 89,541 14,924 202,512 36,697 254,133 165,110 14-

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on support costs 2025 2024 Travel Accommodation and venue hire Bank charges Audit fees Legal and professional Insurance Service contractor fees (note 201 4,245 20,283 88 6,612 47 839 14,923 2,253 8,859 88 6,564 47 2,018 10,639 47,037 30,468 Analysed between.. Charitable activities 47,037 30,468 All support costs have been allocated to charitable activities based on their usage. Support costs include governance costs totalling £7,498 {2024 - £8,629) 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 auditor's remuneration was £6,612 (2024- £6,564). Taxatlon The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 10 Trustees None of the trustees lor any persons connected with them) received any remuneralion or benefits from the charity during the year, or in the previous year. 4 trustees were reimbursed for meeting and travel expenses totalling £822 (2024 - 6 trustees were reimbursed £1,512). 11 Employees There were no employees during the year. 12 Net gainslllosses) on investments Total 2025 Total 2024 Revaluation of investments 190,385) 50,668 15-

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Fixed asset investments Listed investments Cost or valuation At 1 April 2024 Valuation changes Dividends reinvested Disposals 2,866,044 190,385) 85,645 1300,000) At 31 March 2025 2,561,304 Carrying amount At 31 March 2025 2,561,304 At 31 March 2024 2,866,044 14 Debtors 2025 2024 Amounts falllng du8 wlthln one year: Prepayments and accrued income 20,989 97,693 15 Creditors: amounts falling due within one year 2025 2024 Accruals 5,990 9,351 16-

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 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 fund. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund. Movement In funds Balance at Incomlng Resources Transfers Revaluatlon Balance at 1 April 2024 resources expended gains and 31 March losses 2025 Expendable endowments Endowment fund 2,866,044 {214,3551 190,385) 2,561,304 2,866,044 {214,3551 190,385) 2,561,304 Movement In funds Balance at Incomlng Resources Transfers Revaluatlon Balance at 1 Aprll 2023 resources expended galns and 31 March Ioss88 2024 Expendable endowments Endowment fund 2,870,410 (55,0341 50,668 2,866,044 2,870,410 (55,0341 50,668 2,866,044 17 Restrlcted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll 2024 Incoming resources Resources At 31 March expended 2025 OVA Grant 48,940 (48,940) Prevlous year: At 1 Aprll 2023 Incomlng resources ResouKes At 31 March expended 2024 OVA Grant 70,000 (21,060) 48,940 The aim of Ihe OVA Grant restricted fund is to enable the Charity to deliver a bespoke programme that helps to recognise and support Nuclear Test Veterans and their families. The programme will help to deliver the Government's commitment lo recognise the Nuclear Test Veteran community by supporting the development of memorialisation or educational activity and the delivery of direct support. 17-

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. At 1 April 2024 Incoming resources Resources expended Transfers At 31 March 2025 General funds 77,697 77,115 (252,2301 214,355 116,937 Previous year: At 1 April 2023 Incoming resources Resources expended Transfers At 31 March 2024 General funds 78,999 118,182 (174,5181 55,034 77,697 19 Analysls of net assets between funds Unrestrlcted Restrlcted Endowment funds funds funds 2025 2026 2025 Total 2025 Fund balances at 31 March 2025 are represented by.. Investments Current assetsl(liabilitiesl 2,561,304 2,561,304 116,937 116,937 116,937 2,561,304 2,878,241 Unrestrlcted Restrlcted Endowment funds funds funds 2024 2024 2024 Total 2024 Fund balances at 31 March 2024 are represented by.. Investments Current assetsl(liabilitiesl 2,866,044 2,866,044 126,637 77,697 48,940 77,697 48,940 2,866,044 2,992,681 18-

Docusign Envelope ID.. E38C7550-A67F4261-B663-F950C8781AF1 NUCLEAR COMMUNITY CHARITY FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Related party transactions Transactions with related parties 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 £149,235 (2024 - £106,391) for their services. The scope of BH Associates services is set out on page 3 of the trustees, report, with the cost allocalion split between direct costs (note 7) and support costs (note 8). 19-