THE BALASURIYA FOUNDATION CIO
CHARITY COMMISSION REGISTERED NO. 1175296
STATEMENT OF ACCOUNTS
for the year ended
31 December 2023

THE BALASURIYA FOUNDATION CIO
Charlty Inforniation
Charity number: 1175296
R•gl$tgr•d Offlcg
Panthera Private OFfth LLP
Aldemiary Hous6
10-15 Queen Street
London
EC4N ITX
R8jasinghe 8alasurrya
James Balasuriya
Anna Carol 8dasuTiy
Panthera Private LLP
Chair
8•nk•r•
Metro Bank
One Southampton Row
London
WC1B SHA
Indop•nd•nt Examln•r
K.J. Maggs B.4 F.CA.
Hoekman Way
Spalding
PE11 3HE
Page 1

THE BALASURIYA FOUNDATION CIO
Annual Report
for the year ended 31 December 2023
The Iru81ees present th￿"r report with the financial statements for the year ended 31 December 2023. The
financFal statements compty wlh the Ch8nbe$ Act 2011 having prepared on a receipts and payments
basis.
The Balasurya Foundation CIO was registered in England and Wales a5 a Charrtable IncOrpo￿ted
Organisalion on the 23 October 2017 with charty registered number 1175296.
The objects of the charity shall be the a¢fvan¢ement of chaTitabl8 purpose8 {•ccording lo the law of England
& Wales) for the benefit of th& public, as the trustses see frt from time to time. in particular, but not limilod lo
making grants to chariti&s, or oiher org8nisakn"oThs or indivKluals *Drking to advanc& charrtabb purposes.
Tru•t•o8
The Iruslees who are 8180 the m8mber8 ar¥J servod th• charity during the pBriod are detailed on Pag¢ 1.
New Iruslees are 8ppoinled by the current truslges from peoFA8 over 16 who hava shown a keen Intarest In
tho work of the char¢ty and have 8bilitie6 wuired on the goveming
The board shall eon$isl of at least three trustees and at least ontr of the trustees musl be 18 years of age Dr
over. When they are inducted the trusi8e8 are presented with a current copy of the conslrtulion and latest
annual report and financ￿1 81alements.
TruIt•￿ ro•pon•Sbllltl•
Th¢ Tru8le8s are required lo prepar8 financkgl statements for each ffinanc￿l Fer￿ which give a tfue and
lair vw of the state of affairs of the Ch8nty and of its irKome and 6XFenditiJr• for that ￿ried. In preparing
those financ￿1 statements, the Tw$lee8 are required to".
select suitsble ac¢ounling polici88 and then appty them consislantty..
• make judgements and e$bmate8 that are raasonable arvj prud•ni',
• stste whether applicable accounting ¥tandard& and 8tatem•nts of recommonded practic8 have
lollowed, 8ublect lo any departurgs di8dosed and oxplai￿a in the financial stalem8nls,' and
preparo the financial statements on the 90ing concarn basts unless rt is inapproprkgt8 to presume that
the charty will continue In Operat￿n.
The Iru5tg8s are responsible for keeping accounttng ror￿d8 whth di8closg wth reaBon8ble accuraey the
nancial posrtlon of the ch8rrty and which enablg them to en8ure th81 the financial ststemenls comply with
tho Charrtie8 Act 2011.
Flnanclal r•vlv*
The re8uIts for the charty for the financial year are d8lailed on p8ge8 5 to 7.
Aehlgv•monts, perforn)•nc• and d•v•lopments
The foundation has generated ir¢come and ￿lded grants as sholm ¥￿thIn the financial $tst8menl$. Tho
charity has been able to offer support the follow.ng main charIt￿ a8 well as other smaller grants lo
inslilulions amounts.ng lo £2.769 {2022- £2.150).
The Royal Natr'onal Lrfeboat Institut￿￿. a tharity registered in England and Wales lllumber 2096031. 18
committed to being one of the mosl effioent charities In the UK and Ireland. As a charity, separate from
the coastguard and tndependenl from govemmenL they are ￿1[ant on volunlary donats.ons to power their
lrfesavTng work.
Although vdunteers are the lrfebloc#J of the RNLI, making up the wast majority of RNU ¢￿e, givtng
their time for free. giving them everything they need, and deserve, lo savo INes at sea is costty. Money
donated helps our lrfeboal crew6 save INes quithty, safety and effective￿. There a￿ over 5.700
volunteer crew members and over 4,000 ¥￿unteer shore crew al 238 lrfeboal stations around the UK
and Ireland. These c¥ews all rety on training. ki( rescue equipmenL lrfeboats and lrfeboat stations lo
save lives at sea.
Page 2

THE BALASURIYA FOUNDATION CIO
Annual Report (continued)
for the year ended 31 December 2023
Achievamonts, p8rfomi•nco and dgvgk*pmonts {¢ontlnuod)
St. Clarn Wgst Essox Hospice Carn Tnmt also kn¢Jwn as St Clare HospKe 1$ a charity rogisterad in
Englond and Wales, number 1063631.
Sl Clare Hospice exists lo meet the physul, PS￿oI0g1ca1. social and swrrtual needs of those wth
advane*d and piogr8ssNe lrfe limttsng illness and of their carers, through the provision of specialist
palliative care serviees, based on need. as far as its resources alk7W.
It is a local chanty and each year, they care for hundreds of people a¢r¢)ss Wesl Essex and the East
Hertfordshire border. The charity provides free, Mmpass￿note eare and support to adults who alè liwng
with a life-limiting illn8ss, facing the of hle or eXFeriencing bereavement.
South East Coast Ambulan¢0 Swvlco NHS Foundatlon Trnst Charft•blo Fund is a charity
registered in England and Wal98. number 10S9933.
The charity raises funds to support South East Coast Ambulance S6Mce NHS Foundation Trust and il
uses grfted Mon￿ to bgn8fit those in the ¢ommunrties who use its servKg and also lo improve the
welfare of tho Tru¥l's staff and volunteers. Funds can also be used for projects and equipmént that 1$ not
sUppl￿d by Government NHS funding.
The Mckorn Charlty Is a chaity regi318red in England and Wal88. nufflbor 1178580. The charity was
gstsblished by Henry Smrth, businessman and philanlhroFXgt, a p8r30n direcdy connected to the
con8equence8 of knif• crlme in Land￿.
The charity promdes ftee after school actiwtw to the communty. offer8 SUPPOrt and servi¢88 to schools,
and delNer$ employabilty work$h¢¥% and prcgrwnmes. The wsion 18 that'every ¢hihJ has the ability to
fulTIl their full polenliaf and the charity targets UnderprM￿ed young people from East London.
R••orrf
The chaTIty aims to distribute 811 its incom& on an annual bo818 ly)t there mey be res¢Nes remaining due to
incomg in readine88 for di¥tribul¢on to worthwhile projects. In the long term it is planned for some form of
inv¢slments to be (Jonat8d and Ihus the chanty to rai8e it8 fvndiro for worthwhile causeB.
Publlc b•n•
The trustees consKler that the obj'ecbves and aclN¢ties of the charity are in accordance with the Charity
Commission8' general guidanca on public bgnèfrt. The details of public benefit are covered within other
areas of this report espacialty under the heading of'Achi8v8ments, wFomiance and developments,.
The foundation makes grants to chsrities, or other organisatbns working to advance charitable purposes.
which gives bènefit to children, the èldèrty, Iho¥e wrth di8abilitie8, thr￿• of dfforonl athnic or wral ongin.
Rl$k aMe88m•nt
Thè trustees have considered the major risks lo which the charity is exp)sed and consider that those fisk6
have been currentty been negligible. When the chanty makes investments then it will need to re-address
those risks and ensure that suitable mrxes are used and assets are covered by adequate insurance.
The trustees do have a grant making policy whth incorporates ensuring thot the institutions to which grant$
are made are surtatrAe and charitable In their cmn ath"vib"es.
For and on beha￿ of the trusteos..
Raj*h8lnghe Bal26urtya
Trustee
Dale..
Page 3

Independent Examlnerfs Report to the Trustees of
THE 8ALASURIYA FOUNDATION CIO
I report lo the charity on my examination of the accounts of the chanty for the year ended 31 Decemt*r
2023 whieh are 8Ot out on pages 5 to 7.
R•spon$lbllltl88 and ba¥ls of r•port
As the charity twstse8 you arè respOnS￿le for ￿ preparation of the acL))unts in accordanc8 with the
r84uirements of the Charrbes Act 2011 (Ihe ACV).
I report in respect of my examination of the chaiFVs accounts carried out under sect￿￿ 145 of the Act and
in carrying out my examination I have folbwed all the applKable Direciion8 given by the Chanty
Commission under se¢tlon 14515){bl of the Act.
Indop8ndont •xamln•rf• •tatement
I have Completed my exaMinat￿n. I confim that no material matter8 have come to my attention in
onneclion with the examination gNing me cause lo beI￿ve that in arry material respgct..
1. accounting re¢ord8 were not kept in le8￿t of chanty 85 required by 8￿tion 130 of the Atr, or
2. the accounts do rK)l am)rd those records.
I have no concem8 and have come across no other mattèr8 in connectK)n with tho examination lo whlch
•tt8nlion ¥hould be drawn in thi8 report in ordgT to enabl8 a proper undgrstsnding of the accounts lo bo
reached.
IU. Magg
Moore Thompson
Chartered Accountar
Spakling
Page 4

THE BALASURIYA FOUNDATION CIO
ststement of Flnancial Activity
for thè year ended 31 December 2023
2023
2022
Incomlng rnsourc•$
Voluntary Income
Donations ￿eNed
Grft Aid
17,800
6,013
8.880
6S8
23,813
9,538
In¥e8tmont Income
Interest received
15
Total In¢omlng mourc68
23,828
9,538
RO•Our¢￿ •xp•nd•d
Charftabl• A¢tlvftl••
In8titutlon•l grants mad•:
halow project
Royal National Lrfebcjat Instftubon
South East Coast Ambulance Service NHS
Foundaty"on Tfilst Charrtable Fund
St Clare W8sl Essex Ho5￿ Care Tru•t
The Pickering Cancar Drop In Centre
The Wickers
Small GT8nts - In8titutional
5,000
1,OLWJ
10.(h)O
s,000
5,000
2.769
2.150
21.269
12,150
1,000
Individual grant8
Support Co•ts
Bank Ch8Tges
Independent examiners fe88
Professional Fge$
351
695
2,125
1,860
3.2C
24,475
3.051
Total rO￿Ur¢08 exp•nd•d
18.2DI
N•t d•flclt lor tho y•ar
(6471
16,663}
Cash fund$ brought forward
Cash fund8 carrl•d forniard
10,211
2.901
3,548
All actmlw undertaken related to Unresir￿ fund8.
Page 5

THE BALASURIYA FOUNDATION CIO
Statement of Net Assets
at 31 December 2023
2023
2022
Cash deposits
Cash al bank
2,901
3,548
Dobtord
Grft
1.563
Mon•tary au•l•
2,901
5,111
Crndltorn
Accrued axpensos
Independent 8xaminerf$ fo8
Mon•tary Ilabllttlo•
1,980
695
715
2.775
2,675
Totsl n•t a•8•ts
126
2,436
These accounts vnre apprO￿d by tho board cm .Z.%....C&kn 202*
R•la8lngh• Bala•urfya
Trustee
Slmon Rb88•11 cffl tehatf of Panther8 Prwate Office LLP
Tru8tee

THE BALASURIYA FOUNDATION CIO
Notes to the Accounts
for the year ended 31 December 2023
1 Accountlng pollci88
The financial statements have been prepar&J in accordance with the exemptions applicable under the
statement of Recommended Pract￿ on A¢￿unt.￿9 by Charities and the Charfties Act 2011.
The stslements of financial activrbes has been prepared on a receipts and payments basis.
The statement of Net Assets shows the assets of the charty and any amounls due to or owed by tha
chanty. The ststement will not Indude any prowsions for liabilities and charg8s. The trustees are of the
opinion that should any signthcant matters 0¢￿r prior to the year end, they will be disdosed within the
notes of the aG¢oLtnts.
2. Tru•teo• r•munoratlon. •xp•n80* and control
There have b89n no remuneratson or expenses paid to any of the trustee5 durlng the curTgnl or prKir
year. The charty decisions arè made by the tmslees as a bcdy and are detailed on page 1 of thi$ report.
No one Iruslee or group of trustees has a (kjminant control.
3. Rel•t•d party trnn8a¢tion•
2023
2022
Donatlon• r•¢•lv•d
P8rti&s connected to Iho tnJ8tees
Other donations received
17,800
3,880
5,000
17,800
8,880
Thare havo bean no other relatod party transa¢tions during the current or I￿￿r year.
Pag& 7