2023-12-31-accounts

RECtsrERED CHART￿ 1SlJMBER: 1175992 CX)MPAF¥W NUMBEL. 10409442 Th¢￿1 e Fe]Eow teds and StatemenL8 For The

ellow Contents of the Financial Sttt¢mellts forthe Ended 2023 Retxbrt of th¢ Truste 2107 Ind¢pendent EAaoJllw's Re￿)rt StateM￿lofFi￿anCiaI A￿]VitieS Balance SI￿¢t io Sta*ment ofC&sldk>w Notrs to th¢ Financial Stathcnts 12to20 D¢tailed statellL¢ntofF]t￿(iaI Adtviiits 21

of tht TTUStces The tÉwte￿ w¢s¢nt il)eir arfflual reFth withth fin8n¢￿ &ot¢m¢ntsofthe awity forth¢ye•r¢tml￿ 31 D￿l￿tr2023. The financial statementshaVebeenprinacL))r￿￿Lththe￿tiD8[X)I1cla￿ setoutonpa8e5 twelveto fowte¢n of the attxhed xcounts and comply witb the Charity's Artid&s of AS￿¢latiO0 tbe Charities Act 2011. regulations applicable to that A¢ and Accou[￿g attd R¢￿Tti￿g by awities: S(etDellt of R￿￿Mertd¢d Py¥ti¢e applicable to ¢h8rities preparing theÈr a¢¢ordanc¢ with the FiDallcia] Rwting appli(ble inthe UK otsd Republic of Ireland (FRS 102). eff¢ctiNe from ￿COunti￿8 a)mMU￿l￿g IstjanU￿ 20I9 ￿ Jater. RKFKRENCE Af4D ADhlINISTRATIVE DETAIiS Registered Chaiity Jlllmber 1175992 Regis￿ CompAAy l%mbtr 104(W442 Board of Trusttts Dr Christine Taylor Mrs Jane Patten Mrs carol)￿ Drivcr Mrs Cttiiiaorchard Mrs Jessica Streetin8 Ms Georg[naWin￿1¢1d Mrs Carol W31tort DT Emily Mcwhirt Mrs Josephine Bonb Dr Valerie Th￿e Mrs j￿72 Sn]ith {K8igued 13.0223) Principal address NightingaleFeliowship Office 6 Tru]J Fam) Buildings T¢tbwy Glouce6trshire GL8 8SQ Ad[Kin￿trAtorS The Trt￿l Partr¢rship 6 Trull Fm BuildiD85 Tdbury GIouLYStetshire GL8 8SQ B¥Dker5 CAF BankLtd 25 Kings Hill AV￿tse Kings Hill West Malling K¢nL ￿19 4JQ Natiotd Westml￿er BankPI LATrlldon Bridg& PO Box 35 10 SouthwaTk Street Lo￿10￿ SEI ITJ tdeptndent Ex4mikner Dunkley'5 w(￿idIa￿]5 Gra[￿e WOodla￿lS Latte Bradley Stoke Bristol BS32 4JY Investment Advisers 16 Bab￿a¢S Stred Londoll SWIY 6AH

rtof thc Tn￿te¢S for the Year Ended 31 Decernber 2023 STRUCTU￿ GOVERNANCE m￿NAGEmENr Governlxg docu￿¢# ARTICLES OF ASSOCL4TIOIY TheNighiingaleFellowship wasregi5ter¢d &saCharitable C￿Mpa￿Y￿1th¢omp￿) 104(FJ442 a￿j ChaTitynuTnkr 11759WI on thc 29th Novemlxr 2017 having convcrted from their [￿lOuS unin￿l￿rat￿l OrE￿isation stabJs as th6 NIghting￿eFe11oWship luninwrwTad association). The￿IghtIngaIeBe￿evol£￿tF￿KI {227911) and th¢Esmond Bequest (287381), with a further special tru5tknwn as th¢SirGwlTr¢y Batemall AwanL AttheIr￿LEtll￿ OD J2th May 2018, thc Trtsstees sI￿d thcDttd of Rtsolution rjnalisiDgtheF￿cedu￿ forthe (x>Uv￿iOL •xdthetr8nsferof 8ll ￿s&stOthe new ¢ntity. The Company. (registered 4 Octokr2016), is Eovaoed by Articles 0fAssociatiolld￿ed 2￿N0Ve[￿ber 2017. Th¢ Trust remains agrdttt gii'ing charty. A5 TKTried iTLthe o(xounts (note& p8e 16) ￿ErSor £3fj80.578 were tran5ferredto the new charitable ¢ompaAy in 2018. This Re[￿rt a￿1 AcLX)unts re[￿5 wlety the TW for th¢ Snanct81 year ending 31 December 20￿. Tke Trnstees The tntsiees who strved the djaxity dwiDg theycarwffe&s follows: Dr C Taylor Mrs Y Patten Mrs C Driv s C Or¢hard J Streeting Ms G WiDgfield Irs C Walton DrE Mcwbirter Drv Thurtie Mrs J SmFth Appointment ofTTu<% is governed by the Articl&% of A￿cIation of the h'ig]J¢ith8ale Fellowship. The Council of thc 'ighting31¢ Fellowship (tbe Council) is a￿t￿r￿A lo ar(M>iDt new trustefs to fill V￿anCIeS zrÈ5ing resignation or d¢ath of 3n existing trL]Ste& The Council c4)nsi￿￿ of the PrtsideDt (who is elerted every yews by thc Council of Trustees and C8￿ act fortwo conse¢￿1vetermS and <htring tbis ¢ime is ao ]M)norary officer). plus two offi¢¢rs {to act as S¢cret8ry. Treawrer. apFQllLted by the CouEKil For fouryeaTS andwho aTC cligiblcforre-apwbintment) and assisthnts io ihe honorary Off￿rS, who are elect￿ by the CounGi] from tirne to to hold offi¢¢ foT such period as the Council may di%ide. Previously thert wtrc two Council meetiw and five CQllJmrttee held ¢y￿ year. but with handover of the funds for knth thc Esmond Bqucst and the Sir Geoffrey BaÉen]all thrte elettronieally held committee me¢tingsareno JongerT¢quiruL Th¢r¢foT¢thereareN)wlwoCouThulmeetirw and. if require¢twocommiitte meetiDgs held evcry 8t￿ aDirccknr'5 AGM. K¢yM##g¢wthtPersotttt TheTrusie&4 consider thattlry COTUPTtseth¢ key mwgemortofthe CJMity Inc]WEeofdi￿tingarK1ContrQjIlDg, rL]nning and operalkng the Charity on a dw.ÉW isi& The TTus*es receive ￿ rejnunt￿t10n for their duti¢s but th) re¢¢iv¢ reinbursenent of exp￿8￿. org4nT￿1i￿ts4I s¢ry¢t•r¢ As previously notrd. theEsmond Bequ25t wasgiftd to ThcNighillJ831cFouthI￿ in suptthof a Scholar. by way of an atmual Nightingale FdlowshipEsmond Awar Th¢Nightinga]¢ F¢liowship Benevolenf Fulld (the BenevolentFuThQ. &8 of I"JaDuary 2021 beth admintstered by the Cavell NuTse6' Trust as per th¢ 5igrL¢d agree]ntht.

TheNi eFel ort of the Trustees for Ihe Etrjed 31 December 21Y23 Connected org￿LIatIoD The B¥nttvu1e￿t Fund is Klated to the Feuowsbip through haviDg atyi v)rnplwntary obje(iv Previousty thi5 legister￿ charity shared COrnTllonlrustets and ad￿JniStra1ioll witb the ￿%)CiatIOn &q follows: maint¢JJa]x¢¢ of the benevolt￿l fimd bas beej) devolv￿ to tr Nigbtso8ale Fellowthip B¢n¢vol¢nt Fwxd, (now nnoved ¢haEity ￿. 227911) The hightin8￿e Fellowship 1175992 thblished to (Try on th¢ &tivities of th¢ Bthewol¢nt Fun4 th¢ Esmond B¢qu¥t and the SiIGeotTr¢y Bot¢mw Aiiard lkning 2021. theNigbtiDgai¢Felk>wship 1175992 starkdto pyrdy ¢oY¢r the B¢n¢voleThtFund. Risk management In line with the rouirement for Tr￿Slee5 10 utsdert&"e & risk asseL￿1¢1￿ exercise a￿1 ott $atDe in th¢ir reporL th¢ TTuStc￿ ha￿¢ looktd at the Tisk& The Trustees havt Id&￿ified fiv¢ main attas wllue risk8 may occur and considtted how they m(ght miiigaÉe a8￿￿the￿. GDverll&Dce and r￿k I￿k at the risk the Clwtty might 5uffff from thE Ixk of d￿r￿tiO14 the skills and training of the Trustee5 aod the g¢xKI w¢ of it5 The T￿e¢S undertkn sLrW reviews kn ensure the charitsble objcctiV¢5 are meL The Tnk¥ttts are offtred gnd takeup attd admiri￿lVe sUp[￿rt from The Tnjst Partnership sures propcrmwrjneth of thc CIMrity. Op¢r¢iothl risk lor accountir inappropriate investment￿lICI¢S. etc. Thecharitics finattces atereviewedbj TnLStets at￿TnI8teeMeeIltig8 wherethey considtt invcstnents 2nd availablc forts The80A￿ atcouots alt ind4>￿d￿t1y revtew&t ReputatioDal risk I￿kS atth¢ ￿1b1¢ dwnag¢to the Clwiws rW[atio￿ thrwgh a&%ociation with un5Uitable chaTtties, or with inappropriate ￿tivity. There are rMTrlicies regarding Cortllid of Inlrf Ikn Pro1cci￿)n as well as appropriatc considerationofthe Chariti&s activiti&s aDd &ssociatio laws r¢gukntiolls externa] and emvirommeitsl Ti5k ]￿kS at the effwts of gov￿ll￿ policie5 aTLd th¢ WDsequenc¢s of noll.CO]np]i￿CC with the laws and r￿1￿10￿5 a￿] the effecr of eX￿[nal rnalth on the Cbarities iuv£%tmet)t rxirtfolio. The futrj maintsrjs effe￿1ve liaison with prof&wJJal advig)rs itt¢ludin8 Dth￿ey's Auditor4 The Trllsi Partnership attd the Charity Q*mmissK)ti. HwDg a&s¢s5ed the major risks to wbiGh thE C&￿Ity is ex[￿￿. inparticular to its fitwKe5. the Trustee5 believe tI￿t by monitoring re5￿Clevel4 ty. ¢nSUTingth&colltrois exisiovttkey finattci81 S￿te￿& and bvax8miniDgthe owional business risks faced by the ChaTiiyy thcy havccstabli5hedelT&tive Sys￿S io mitigate those risks. Charity GoveThantt Code The Tn￿ttt￿ considered thc Charity Governallce Code l￿d￿all attd Véill eontinLK to give due regard to the Code's seven principl£qoforganisationalpws& l¥jdershI￿ inte8r1ty.decision-￿8kLll8,rI￿. 8ndwntrol. hlardeffectiven￿.d1vers1ty. and op¢nness and 8¢￿￿tablI[1v. The T￿tst￿ will ¢olltinueto review the Code awwally.

tin ale Fellowshi rt of the Tntst¢es for the Year Ended 31 Ik£ernber2023 OWF.CTIVES AND ACTMTIFS Objectlvts Ahns The ObJ￿￿Orthe Clwity fflx'obj￿ts') l The relief of full me4nbtt5 ar¢ inne¢d thro￿ fingncial h8rdsbip.dist￿s or ill 2 The thancttlleDt of EdU￿tion ofeligibl¢ aT¥J midwivc5 Fhethet infkn Uttit&l Kiti2￿0r e]sewherc 3.1 The 8dvancem￿1¢)f $uchtsobjeLt8 or pU[rA￿ ITh anyptof the woAd whEth are ¢¥GIu5ivdy tharitpwt a¢tordiTh8 to the law of England and Wa]¢s and ate in the opinion of the Trllstr£s w]Joeded with nur5iDg andlor tnidwifcry arwj ail or8tty of the Sdll)ols in suCh￿anner as the TrLL5tees n]ay intheiraiwlut¢ ¢Jis(zthn thitik fiL 3.2 Tn these articles c]Jaritsble mthtts c]Jarfttable in acLX)rdaoce with the law of FAEland and W'ale5 provided th it will not includcat]y purtX>5e which is noÈchaTitsbk inaccordanccwith 5cclion7ofthcCbaritiesandTrust¢e Inv¢sttnent (S¢otland) Act 2005 and l OT section 2 ofth¢ C￿1(1&5 kn (NoTth¢m Ireland) 2￿. For the avoidwE of dou￿ tbe Syste￿ of law 8overnillg the eonstitutiots ofthe clwitv isthe law of E￿g[alld and Waje Publre B¢Mèfit In 8ettitLg th¢ Ch￿ity'S objectives slld plwing its ￿[vitt¢S th¢ Tru￿￿ Iwv¢ givoj L￿fiJI co￿lderatIon to the Ch¥ity Commi&sion's general guidaTLceon ￿blIC be￿ffjL Charit¥ble adivitie$ Total &tive rnembership s{￿dat l.th4 ￿31&D￿b¢r 2023 ofwkntll 713 were lif¢ MonberS,havingt￿t1fied the offir£ thcy h1 reached the 28cof 70 years. Ihere are l.(KJ3 fvlly thscribin8 Ont edttionof theNightingai¢ FdlowslLipJournalW8swblisl￿1ln Augustdurin8tbeyear. A]BoinFdxuary, aN¢wslEttcr IRd bcen sent OUE io all paid up member The Benevolent Fund gmts are advertised via the Journal and on thewebsitefo enrourdg¢ w1]￿tionS. The B¢neYolEnt Furf un(krth¢ adtllini5tralion Df Cavcll Nur5as' supw)Tkd seve￿ individualswith £14JOOgranted during 2023 (2022: twelve I￿]ividUaL8 £15.41X)). One award w&8 also mad¢ via ChaiTrnatt's Adiots ditttly by th¢ Hottorary Officers in tbe sum of With th¢ Tftrlaining of the GwlTr¢y B•emwJ 0]hJ B￿U￿t having Fen trallsfared OUL previoudy, grants no long￿ iring mad& The oLtsourcingof admittistr&ionto1heTr￿￿parIlluth1p which has ID pIKe for ftsurt¢tnythts isreviewtd aEnually a￿d ¢ontinues to work eff¢rtiYeiy tyith wksitiye fea1kn* from the m¢mlMship.

Re rt of the Tru5te£5 FINANCIAL REVIEW Income Th¢ subsiyiption in(J)me was £1&480 {2022: £19,156). M￿) MernE￿S coDtillDe to sub5cnl)e aDnually in the form of donations forwhich WE are Ycry ￿¢￿1 audtbese. al￿ othE ¢kMWiODS. tots]led £8,820 (2022.. £1.039). Legaci utLted to £(122) {21Y22.. £56,898), £122 having to Ix ￿fillled regard]￿the E#8t¢ ofMTh NinaBa]Jard Investment PErform2nce InVestm￿]ts of the former NigbiitLgale Felk)wship etrtttiG8 wett tt8rt8ferr￿l to The Nightiwle Fd]ow4Jip (CJ)aritable Compatky) the lyt Jamsary ?018 Valu￿ & £3.l85.678. Durtng th¢ assets tsts]ling £315.422 wE¥e ¥￿Id (2022: £859.486) alld £2W.539 was invested12022: £845.243). R¢ali5ed unrea]ised ￿lDS were £28&3(KJ (202?: losses of £l89.443). To￿1 Inve5ttllcnt irtcomc ftom Traverton wa% £51,981 (2022: £45.975). Th¢ value of inve#&l tund$ &% w 31 1Xxrinl￿ 2023 £2,489,791(2022.. £2,226J74 Rts¢ry¢s polley Reservcs are ￿￿illIa7￿¢d at a FAfficient levd io provide 8D approrn ￿]r￿1 wnual i1￿0m¢ for ¢￿Itable tivity cludillg gT8nt giving ￿ continue at IL8p￿ent level. coveringtwo>'ears •lld for8ny liabi]itie8 should th¢ tharity C¢￿ to ¢XiSL Sumson deEx)sit njay itused if ne¢ew. Reservescu￿￿d). andat£198.943 uDreArictsJ. Wh1¢hrq￿G￿t￿ mo than two of expenditttr. Jxvestrnent poiKy and objtttives The Trustee5 have ￿ annual mcding with tht Mvcstmtht ManaE&% Wavtrton Inwesthjent Manaxement Lirnit&L Th¢y gjf 5¢nt quarterly rqx)rts hav6 ar£￿$ as ￿ when required to wav0t0￿ induding Via all onlirEe port81. This ensur(s that they keep abr¢ast of the change5 in diTrideMI rett￿[￿ atld tk ￿sItIon of itivc8tmtnts overdll. Long-terni growtb is ugllt 5ubj¢¢t to generatiDg alevel of illLx>me sufficient forgrdnt 8lViI Gokng eoxttrx The TTUStees bav¢ Assessed wlKther the usc of the going cOll￿rn a8Wion is apFffopriate in PTryiDg these finsllcial State￿ellt￿ The Trustets have m￿e this &85ess￿l iThre4XCI lo of w year the d￿t ofapJwvaI of th finanGia] stat¢]n¢lll& Thr Tr￿￿¢$ oftk Ch￿Lty have o)]Klvtsi thalth￿taJCTr) Ma￿la] u[Kyrt￿t8 rdatedto eventsor condition5 that￿&Y t sigiifirp￿t doubt on the ability of the (￿artlY to contiDue a EOitiE Even against the on-Eoing cha]lenges of the a]rrent eco￿)my, the TnL%tecs art still of ihe opinion that thc Charity will still havc sufficient rt$oU￿t￿ to mceL its libiiities 9$ thw fall d Effort8 continue to to Y81idthe th￿taship databw pro￿￿ th¢F¢llowship wjd its fiuththrough the Journal. All tthliciry fortheB¢D¢vo1¢nÈFut￿ isow1￿8vIthej0U[nal.the￿ oftheweE6iaThd alsoby Cayell Nurse5, Trust. TheTnJsteeshavingreviewed tber Stra(CEY astotheloDgl￿ ￿t￿￿Or￿eFej1tsWsbIp, ￿l￿gI￿￿1￿dthe fa]litigirtcome as mcmbcrship dctlincs, and tisin8 costsof thini%tratii)n Imve formally agreedtothB closure of the Fellowship of Dec¢mb¢r 2025. Du¢ to this d￿lSiOn. the currart TTudffs have all agteed to stay in [￿)St ￿rti1 c105ure.

e Fellow rtof fi)T tht Ye8r Ended 31 Dttcmber 2023 srATEMENf OF TRUSTEES, RESPONSIBILrriLs The Trust¢es are K%1￿sIble for prwin8the TnL8tets' t4￿anda¢CoUllts In￿ordan￿ with a￿li¢ble18W arhl Unittd Th¢ l&w applicabk to chariti&% in En8laaMI and Wal&% r¢quit¢S tk Tn￿ fo a(￿)unts for t￿ fU￿￿la1 year whi¢h give atrje and fair Triew of tbe state of affairs of tharity of the incorne ajd of th¢ Cb8rity 6)r that period. Inprep￿ill2 atrA>)un￿ the Tr￿te$ aye rtqui￿l ￿. select suithbk aceounting [￿11¢￿ES and thffl a￿ly￿￿TR conSi￿tlY. ob3crve themdI￿ andp[tt￿ip]C5 in AccouDtmgandRerA)rtingb>"ataritith s￿eMent0£ Recommend&1 Prncticc 4)plicablc to cl]aTitics prq>aw their ￿0rd￿¢ the Finan¢i81 R4￿rtillE Stalld￿d applicable in the UK andRep]bli¢ of ]rtJ￿d (FRS 102)" make judgetllents and &8tiEThaksthHt￿¢ reambl¢ pnthi¢ SLate whLttkr applicablc Unitcd Kingdom AcowDtin8 S￿￿larth have be¢Ek followed, subjed to any matetia] departu￿ dis¢los¢d aJNI ¢xplaitic%i jntheac0)￿￿ 8nd pffp￿t the a¢¢ounts w the goin8 co[￿￿ uole&s it Is to pr￿￿￿¢ that thc dwity will The TT￿slees are respo1￿ble forkeeping accow)iingrecor(15 th8tdisclo8e with rea50tthk t(￿a¢Y at any tim¢th¢ f￿anCial P￿Ition0rth¢ CharItyaTdeT￿bl¢th￿tt to etsuEe the&tounts (x)mplywiththe ch￿illes Act2011. applic&blE Charity (AGcounts and Re￿r￿} iiegulation5 3]]d the provi5ion5 of the Ch3Tity's Articlcs of Association. Thcy ar¢ eJBO responsiblefor Safeguarding th6 ofthe CharityatNJIK￿C Iortsknngr¢￿[￿8blc5I¢ps ￿￿￿PreVentIon a￿d detedion of frzudaTMI other irrtgu]¥itics. The Trllste￿ 8r¢ r&sp)nsibl¢ fi>rthE maintrnpnrt atK1 itit¢8rity of the￿ry￿t¢ aj￿ EDallcial infom￿l0￿ iucluded OD the Fcliowship w¢b3it& Independent Exatllin t￿leY,$ were re-aprotitted a8 clrttable 0)Mp￿￿S in¢kirtht cAaminu duringtlK year aThJ hav¢ ExwesJ th¢ir willijwiessio contin￿ that ¢￿￿lty. This rwrt has been pryarcd in wiib the provisio￿ appliL¥bie to compAnie5 wbjert ￿ the small companies. regllne of thc Compani&s Act21XI6. ON BEHALF OF THE BOARD: 415Q8GklT+ll Dr C TaYlOr-P￿sidc￿t Aug 2, 2024

ellde￿t ExsmiDe￿$ Re ort to the Trx%tets èf The Ni bti ale Fellowsbi I report kn the charity truSt￿S on my examithon of the XCWLts of L¥)mpatLy for the year ￿ 31 Dectmb¢r 2023. whi¢ are yetollt on pa8¢5 9 to 20. RespoDsibilittes b&sis of report As the charity's tnJstre8 of Ihe company (a￿9 akn its dircdors for the purpD5es of o)rnpany law) you are responsible for thepr¢p2rÉtionolthe accollttts in accor￿ wilh the r￿utremellts of the Compp￿l¢S Act21K)6 I'the 2006 Act,). Having satssfied mystir t1￿ tbe XCOLLttts of the coJw)anv are not required to be ￿dIted urKia Part 16 of th¢ 2006 Act are eligible for indepc￿ exami[￿lIon, I rcp)n in respcct of my examination of vour cknity's aC£4)unts as carried out undw s￿li0n 145 of the Ch￿1t7£S Ao 2011 (thr '2QII kn.). In Lrrying out my examination I have followed the DireGtiOJk8 giv￿ by tk CoJnini5SiOD uth S¢Gtiou 145(51(b) of tbe 2011 A(1 Independent examinerf5 5tatemellt I have (x)mplctcd ny cxaminatiOD. I confirm that matr5 have come ￿ my attelltK)D in tr)ntie¢t￿ with the Xgjnination givingty¢ cause to believ¢.' u¢itiil8 re￿rdS were not keptin res[￿1 of the comp￿Y as t¢qillTed by S￿¢10￿ 386 of ts 21K16 Aci. or 2. th¢ aC¢o￿lS do not with those accounting reeorth,. QT 3. the aco)unts do wi c4)mply with the reqUireM￿ts of section 396 of the 2006 Artoth¢rtha 8￿Y requir¢merAt thatthe accounts giv¢ a'knr and f8ir' itt¥ whith ts rtoi thrt8i(kttd &8 part ofan independent examinatsoll" OJ 4. the g¢wufjtshave notbeettprepared in acCord￿tt with the tDetlxyJs and prrnciple5 ofth¢ o( RecomTllended prddicc fOr￿)Unting a]HI￿￿￿￿tIg by th1t1￿ appliGableto charities prewitlg their accounts in accordanix with th¢ Fitwllc1￿ Rwrtsug Stzntsdapplteabk in LK armi Rwbjic of eland (FRS 102). I hav¢ tLO C4)fLC¢Ttts ￿ldh8¢COme auoss ntsoth¢rt)￿ inwnneLtionwith thEexatThinationto whi¢h attttlti should Ftdrdwn in tbi$ rwt in ortsto enable aprnperu￿1￿￿80f theeountskn k rcthd. atthew DobbiTt5 FCA Dunkle￿$ Woodlants GrnEe ￿C￿dIa￿d5 Lant Bradley Stoke Brisiol BS32 4JY Ib(o&l

The Ni ti ale Fellowshi tetllent of Fin￿elaI Activitie5 for the YeaT Endtd 31 Decembtr2023 UnTethid￿ Re5trided 31.12.23 31.J2.22 fi]nds Total fuDd5 T￿￿lSUnd& COME DO￿￿tIOnS and I£g&i&8 tllV¢5t]n¢llt5 26528 3,494 715 27.243 55.475 77,168 46,682 51,981 Totsl iA¢om¢ 30.(122 51696 82.718 123,850 RaTsing fi￿dS Charitabte activiti&% 15,653 56.162 15,653 84J45 14,843 2&183 73,800 T￿ts1 Èxptttdlthré 28,183 71 J15 99,998 88,643 N¢t los8￿[&al￿s) 4)n I￿vements (288JOO) (28&3001 J89,443 NET ThCOME 1.839 269,181 271,020 (154,236) RECONCILtATION OF FiIP4DS Total funds brought forw 197.104 1306)70 2.503.674 2.057.910 19&943 2.575.751 1774.694 2,503,674 Then& movement in fi￿d$ forthe year ￿1$¢5 from thechty's v)ntiDwDg op¢ratiL Thenoieson pag&$ 12 10 20 fonn rrtof I}￿ acaTruTh

¢Ni e Fellowshi 9442 Balall￿ Sh As at 31 Decen)kr 2023 31.1223 Totsl fuT¥ 3J.J2.22 To¢alfynaF Notes FIXED ASSETS Jnvestments 2,489,791 2,489,791 2,226,374 tkbto C&8h aÉ bank 146 291912 5fi479 233.J95 199.682 2230 199,828 92230 292,038 289.674 AtllouDts falling duewithiTrolle year io (8851 (6270) 17,155) (12,374) NET CURR£Nf ASSKIS 217 151 277,3f TOTAL ASSETS LESS CifRRENT LIABJLITIES 19&943 2.575.751 2,774,694 2.503.674 NKT Assrrs 1575.751 2 774.694 2,503,674 Unr¢stri¢t¢d fuThJ5 Restritted funds 198.943 575.751 J97.104 2 306,570 TOTAL Furws 2.503,674 For the year ending 31 DeCember2￿j, the compajy was arttdqjkn exempti4)n frollj awlitunts section 477 of the Comp8nie8 A¢t 2006 relingto sm•ll COTOP￿1¢& The kne not required the LX)mrAny to oFain all a￿lt of its a¢eounts for th¢ yw in qu¢stion iti aecordajjce with S¢L%ion 476. The dire¢tOTS thowkdgetheirresw1￿%lbIlitJeS for￿yIng￿1th d￿requIreMents0ftheAu with re4)eL to arcountiug [c￿[d5 and the prepardtion of aLXX)unts. Thest accouTrls have prqmrd in &(x)rdaKe with the provisions arvjicable to t￿￿panIeS subjeL to the small rD]npanK¢s' Ttgime. The finan¢iai stat¢mfflts apw*W￿ by th¢ Board of Tru￿￿ on I lth May 2024 aTKI were signed on its IKhalfby: The notr5 on Fdge5 12 to 20 forni ttht of tbege 10

Th¢Ni e Fell wshi Statemeat of Cash Flows At 31 DecemFr 2023 2023 2022 CASH FLOWS FROMOPERATING ACTIVTIILS: NEt ¢4sh (rnsed ii) opeTtiDg attlvitlts {seÈ btlow) 66,329 Dividcnds and iTrlcrrsi fro￿ irtvestments Proce¢ds from $al¢ of iJv¢stments Purchaseof inVestsn￿lS 55,475 315,422 (290539) 46.682 859.486 (545.243) Net ¢*sb provided by {u8ed in) imvtstillz activit￿. 58 cha￿ge in cth alld cash wival#]ts in the year Cash at¥J (x5h equivalents at the beginnin8 of theyear 58.717 233.195 (5.404) 238,599 Cash and ¢0sh ¢quivaknts •t th¢ eThl ofthe year 291912 233,195 RECONCILIATIODI OFNET fNCOMFJILXPEiwrruRE) TO NET CASH Ftnw FROM OPERATING Ac￿￿1￿8 et intome for the year per the statement offi￿%￿¢￿￿ adivit 271.020 f154.236) Adjuslments for. {GaiDs) on investttK DividerK]s aDd imerest from inYe51tll¢nts ITrKrea8ey dtcrease ill debttK3 IT￿rease1 (decre￿) itl £Yeditors (288.300) (55.475) 56,333 (5.219) 189.443 (40,682) (52,380) (2.474) N¢t ¢a$h iol op¢rating Ittwili

ale FelloTh3bi Not&8to the Financial Statem¢nts- Cotitin￿￿1 r tbe Year En(kd 31 December 2023 ACCOUTr4TINC POLICIES Tb¢ principal a&x>untitiE wplicits adorrteLiUdgeULa￿ and key soutos of e#imatiOT] thK¢Jtsittry in ￿ prep8ration of the ￿)Unts are laidout bebw. B￿15 of prepArAtion aax)unts hth"¢ being CODc¢m is appmpriate in prwing these financi31 s￿¢￿ents. The Tr￿ have thi8 &$st￿e￿I ifj re¥Kth to a period of on¢ year froTll the d8t¢ of approval of ttk8e ￿n￿claI ststejnents. The Trusitts of the Ctwtty havr ¢ondud&l that tbere are r￿) materie] unc¢rtaintits related to ￿e[rtS or <x)nditions ttot may cLstsigDific8nt thubt OD the ability ofthe Charity io ton(inlle gs a going concern. Given the on-going Cost of Living Crisis and with ihe IMp￿t oftemporary investment losses inmind, the TTU5￿ are still of thc opinioD that Chartty will 5ti]I have suffi¢i¢4Jt r¢sources to Me￿ its iiabitities &8 they fall (h ststUS Th¢ Charity is a Oiegistration 104094422) I1￿1[ed by Euardntte and has no shar¢ cgpital. It 15 coD#inrted under Memorandum and Articles of Ass(Ki&ion and h&% grdntryj rhdri¢abl¢ stattES by Cbarity Commissiett (Charity Registration Nuttlber 1175992). In tb6 ei'¢nt of th¢ ¢Jwity wouod up. the True ndcmuifits the Dir¢¢tors manbEXS ￿ Ihe vatue of I agairstally liability in rrsp¢c£ of th¢ ch•sty. Income recognitio Income isrtcoglli5ed intheperw)d in whith theaJ8rity ethithantijt tothe irKx)m4 theatTrountof illcom¢ wj b¢ easuredre]iably. a￿1 it ts pro￿￿1¢ irLCOme will ir r¢fftY¢ ItKome is deferr&l oD]y when the group or Charity has 10 fulfil ￿￿j1[1￿￿5 brfoTt bec0Mll￿ L￿titled to it or wher¢ th¢ dotJ)T 3pKified that the income is experAkd in a firture xcoulltingwiod Incorne compri5e5 dDnations and It8￿1￿ gift aill inv&8m¢nt income ?￿d inTe#Teceivable. th)nat%ons ar¢ re¢ognisedththttJ tht Clwity confmafioD oftsTrththe a￿OUnt a[￿Settlementdal¢. It) theeveThtof don￿lon5 pl&lged but notTeceiv¢d. the is where the ￿elp1 is considered wbable. In the event that ath)[￿lOn i8 3ubj¢¢t to ¢￿￿ltionS that requir¢a level of wfornknqllce before th¢ ChaTity is u]tit]edto funds. the itKx)m¢ is (kr¢￿1 atLd Th)t Tewgryl￿ until eithrr tlw wndithns are fully neL or the fulfiltnent of those GolldiliDT15 15 wholly withith the control of the awity aryj it i5 proEoble that thosetondilioL8 will be fiJ]filkd in th6 r¢tx)rtiDgperi(NJ. Legacies art included inth¢s￿ment of ft02￿12] &tivititts the c]￿lty is tntitledto the legaqj thc ¢xrrntois haVee￿abIiStr￿d that there ate sufficient wplus &45&s in the pay the L¢g8cy. any o)nditions attachd to thc lega¢y ar¢ within the wntrol of the th￿tty. 12

aI¢ FelLo e Financial Statements- forthe Year Ended 31 Dtt¢#nber 2 F2Xtitlement is tak¢th &8 the earlier of (kte which ather. ￿arity i5 that probate ha5 b¢¢n gran the c5tate hasbeen finaliyed ￿￿1(all0￿ h35 bw lE￿bY the exeLlth)rto the Charity tbat a dkstrjl￿titsn will i ade. orwhen a distritrtion is rettiv￿ fronl the cslat& R￿cl￿ Oral￿?￿ in whole Dr ITr i&0￿Y w￿ld2T¢d prolJabl¢ whrn the Ca￿be￿¢aSWed re]tably. atsl th¢ Clwityba% be¢n￿￿tified ofthc eX￿Utor'S int￿rtiOn lo make &distrtbutio Where legac]￿ have IMI notifial to the CJJzTity. or thc (Jwity is aware of the ￿till8 of but the Lyiteria for incojne rttognillon hav¢ not beenxn¢ th¢n the kgy i8 treaitd as a tolltingeni 8t￿ disclosed if materid. In the event that the gift i5 in the forTtL of an asset othtt than OT & fJt)8n¢i81 asset tradal on a rtcogDi8ed stock exclwige, reeognttion is to the Val￿¢ of th¢ king r¢Jtably n￿ll[￿lIe with a degtee of re£wnable accurthry andthe title of thtas%et haviug tr￿￿f¢trtd tothe (Tharity. Dividen(ts are re¢x)Btil￿ 01￿ th¢ dividetyj h&$ I￿ declared and ￿LIf￿￿tic0 h&8 y¢¢¢iveJJ of th¢ dividffld Intetest on fiuth he1don1k￿Slt islncluikdw]￿ re£etvabl¢andtheamountcatLbe tDwJredreliably by the tharity: this is nonnaliy u[x)n￿liri¢&i0n of th¢ itrtrresiyaid or ￿)thI¢ by the tDL Expenditure recogDitio Liabilities 8tt reco￿￿1$¢d 48 eK￿ld1th as 5fXm there 15 a Icgd or Co[]5ttI￿IiyC obligation c1)m￿]tting the group or ¢htrtty to apayment to a third ￿. it is probable th&t atraTL%ftr of kntfit5 will be r4llired in settlffllleth aDd the amount of th¢ obligion can ir [nea￿ed reliably. All exp¢Dditure i8 XCOUllt&l for on an iwi5 a￿1 i￿ludES attnThutabl¢ VAT which caThttot r￿v￿C￿. Expenditure Compri￿ dtrect atsd supwrt ty)S& All expenw ittllldiJJ8 Surwrt wsts. 8r¢ alli)ccd to the applicable ￿pa￿litt￿r hcadin Thecost of charitabl¢ ￿tryIti69 wrnpri5ts grants rAykto Ixneficiaries atsj 8]lo¢akd SUPEK>rt ws Grants payabIc arc ll]clud¢d in the State￿¢￿1 of fi￿￿1?1 tiviti¢s wb¢i] awrO￿￿j and whth th¢ intended recipient has either [eceIv￿ tht fuD(L8 or bEen iDfonDd of the dccÈsiOn to Tn&e the grgnt atKi has satisfied all related onditioH& All￿(￿tio￿ of support governance costs port co8[5 rwo8ent iTdire£t chartt3ble ex[￿]￿￿& Ini￿￿￿10 Olltthe primary PWK)w oflhe charity tt is necew to provide sUp￿t in the fonn of fiMKial and 80v¢m￿< PTQViSiOn of offi(z 5erYice5 and 4uipin¢nt 8nd a 3Uitable worL"iog envimnmeDL (&)Vernal￿ costs LKkTtLprise all Lx>sts rd&in8 to the wblic ￿￿untablI[ty of the L&ariry and its compliance with Tegulation and gix>d prdCtic¢ These costs irtlwt¢ (X)sls relating lo the Indep￿dellt exam1t￿tioll of the fm8n¢ial statements and IcEal ftr& Support Costs alld goverJJan¢e¢osts are allocated kn the cknity'$ singlechaTitÈblea¢tivity. Inwestments Listsd investm¢]tt5 31E afoTtn of basic fiTncial it￿l￿ent ￿d aff initiaity reiwised at th¢irtr8nwtioTh value and subsequently ￿￿￿red at tkir fair value as at thE balarKe shed dat¢ using the closing qL¥hted mark& prÈce. Th¢ Charity does noi Iwllire pui optiOU& deriTratIv¢soroth￿ wmplts fIn￿la] it)#rwnents. As noted above the tJ)ain form of fiwn¢i8] risk (￿ed by thc CIMTity is of volatility iTr Equity Tnarkets and inv&8tment markets due to wider ¢coty)Enic ￿d[tionS the tir￿ of i￿¢$¢0￿ to itiV¢Styient Tisi gJKI changes in viii) Re2lised gaitis (or1055es) on invcstrncnt &8SCts are ca]cu]atcd the diff¢rgK¢ ￿￿'ten di5P05aI rffo£r¢ds attd their opening Ganyingvalueor ttxeirpurcha%e valtt i$a¢qUiTed 5ubscquenitothc firsldavoftk financia] ye8T. UTw¢ali5ed gains attd lossoq ar¢ (ala]J4ted as the differtnce betwe￿ the fzirvalue atthe year and their¢aTt>'ing value atthat datc. RcalisrAI and WIr￿lSed ]AVem￿t (or low) aTE (yjmbitjrd in the 5tate]nfflt of f￿an¢Ea1 activities at)d are credited (or debited) iD thc year in which arise. Other InYeshll¢tLts we includd ￿ cos¢ whtth is u)tisidtredty) be appTOXttEMto their trtarket value. 13

ale Fellow e Financial tarÈn￿1s. continutil for the Yew Ended l December2023 Debtors Debtors are rewgJ]isedat the1rsf£lleDje￿ amouoL aDy PTOViSiOtt r￿j￿)n-[e￿￿Vu￿l1lty. PTepayrn¢nts v￿Utd at the arnciturt pryaid. They have dis(X)U￿ kn th¢ w¢5￿1 Val￿ of th¥ ¢&th t￿lpt where $u¢h discounting ismaterial. Crediton and proviqioDs Creditors atks provisions aff Je¢ognised kn the￿ Ès an obligxtion at the b￿all¢e sheet dat¢ &8 8 result of a p8St ev¢nt,ii isprobablethat a¢r¥J￿fffof£¢4)rM1r￿1CbenCfilWlII b¢requir￿1 in s¢ttl¢JnenL andtheamo￿￿ofth¢$eftleMent ¢an Ee estirnat￿ reliabty. Creditors and provisM>ns are recognIs￿ & the amount the (Jwity allticipatts Itwilj pay tts setLle the debt. have been disththitrd LO thewesttki value ofthe firtute wmcjjt where suth dtscountiThg is materi￿. at bgnk Cash at bènk ond in hand repw¢nts suth a¢wunts aod inthments ttwt tr¢ available on dematml have a mabJrity of less thzn threeTnonths from the de of xquisilioD. R￿trIcd fund4 are moni&8 raised for. and their used tcstrictedto. astttifK pur￿5¢ ordotJatiQTJS SLthje¢tto donor- Imwks￿ wnditions Unr¢stricted represent those montes that we freety mllabk for appliciontowards blevi￿ any clwitabl¢ purpose that fall within the (awitys cbaritable obje¢t& TaxatioD The clwity is exempt from Tax in its charitabk aLivitic& DONATIONS AND IEGACIFS 31.12.23 Totsl 31.12.22 T￿￿1 Donation8 nd ￿￿CleS Membership Subscription Donations GiftAid IEgacies 1&480 8,105 65 (122) 18.480 8.820 65 (122) JJl,156 1.039 75 56,8S)8 715 2023 2022 26528 70.393 715 775 27.243 77,1&8 77.168 31.12.23 Totsl 31.12.22 ToÉal Re5tri(% Investment 1￿cOMe Divid¢nds Bank. Interest 51.981 51.981 3,494 45,975 707 3,494 2023 2022 3.494 7f17 51.981 45.975 55,475 4a082 44682 14

tin aIe Fcllowsbi Nottt to thc Fina(Lcial 31.1223 Totsl 31.12.22 rolol Unr¢strirtvJ R¢5trided ChritsbleActivity Gifts and Do)atioJJs Gr3ntsto Individua]s Grantsto OrganisatsoTh& FN Foundation (￿yS & St TknmasNHS Foulxlation 3.404 14,800 1.228 15,400 14.8(K) 3,4[ 14,8 18204 10,628 Support Costs Mana8emeDt Charge journal PubIlLi￿& Travelling Truse Me¢tithgs Print PO￿ swi¢)n￿Y Stong¢ Gtfts and DonatN)ns Website alld IT Bank Charges 9.979 23255 14.166 33 436 l J17 655 439 33234 14,166 5,583 6,027 1,881 907 841 21 30,549 9,056 a214 4,237 2,458 1,575 758 134 5,550 5.591 564 2)2 211 Govrrnttf¢ Costs Legal Auditl tt£nd&)i e￿￿i￿•￿)t) f¢¢ Profwional Feas 1.740 455 35 1,740 1,516 35 640 J,5J6 35 Expelldithre 24.779 41.362 6@141 57.172 2023 Tot•1 txpeDdtthre 28,183 56,162 84,345 73,800 2022 To#] expenditsre 22.900 5Q.840 73.8110 15

TheNi ale Fellowshi Notes to the Financial Ststements- for thc YtarEndcd 31 December 201 TRUSTEES, REM(fNERATIOIY AIYD BENEFrIs Staff costs and remuneration of key TraDageaK•t PV50DRel The Charity anployd no melllbers ol stdf duriDg the pUK￿A (2022: rme). The thin1￿0￿ and fiEMKK&i atwent ofthe of ￿eCTr￿lty is ¢M]tsourthlto Th¢TnLSt The Trustrcs conside1th8ttheycomp￿etheke}. tDaDagernartoftheCharity iTrchargeof dir¢Lingand coutrollij n]DDingalld Op￿tingthe Charity on a day.io-day t&8is. The TrIL￿ee8 receivoj no remuneratM)n orother beneftts for the y¢ar ellded 31 DeceIn￿2￿￿ (2022: £bfil). Trn5tees' T￿￿te¢s. expen￿5 paid were £5,573for the y¢%¥ tttdcd 31 Dtc4ath 21r23 (2022.. £6214) paid Edween 9 (2022.. 14) of thc Fcllowship's TnLStccs. Expc[Lse￿ giv￿ Pri￿a￿lty for tra￿cl atd 5usIEnanc¢ rtlatcd to Trllstet e¢titLg5. REIATED PARTIK8 2023 WII. (2022: Wil). trt 2018 Thehi8htiw]eFellowthip 1175992 was esr8blishatO ¢8rry onthe activiti&8 of separale enttii&%. The ¥i£htin8aie Fellowship Asswiation), The I￿ghtIng￿l¢ Fellowship Benevolent FUNI (the ChaTity) attd TheEsthotsE Beque (tk Bequest). Th¢truSt￿ oftheCIMrity5erYed as tn]steesofaUthree entiti&8. In Orderto simplify and strettgthfflthe govrncc of Associ8Èiofy th¢ Cljattty attd the kn]uest one stsuclltre 2txd obtain the benefits of in￿rpDrated status. thc Associatio￿ th2 Charity and the BqLscsI wrxe Irn￿ht together ￿mIe% the utnbrclla of the Compally atna]ganation a5 approvd by th¢ COU￿17 and thr mEmb¢r5 of the Associalion. The a￿oUnts traosaad by tr￿SfU dced from cadj related tArry to TheN￿ting81C Fdlowsbip 1175992 wffe: TheNightingale F¢llow3hip {kn)c) General Fund TheNightingale Fellowship (AS￿¢) R&srricd Fund Benevolent Fund Restricted for￿￿￿v0]enCe Esmond Restrittf%l Esmond B￿￿ Sir Ge￿ffi￿> Bat￿8￿ Rcstricknj 91.763 89.825 1971.092 510,742 17,li6 3.080.578 On trBnsfuthBfi]nds w￿¢tobe USed￿rdIngtothetrorl&na[ pu￿seY pr1]llarityl￿nevo]cncc, thnughthcobjects ofthe A55￿1i0￿ th¢Charity ￿Ldth£B¢qu￿ whith wcre ￿n501]dated in thenew Article5of A550Gialion of Th¢ IghtinEalc Fdlowship. The Bentvoknt FDMd which provides agsistrnte ￿ fiLII methkn oftre KIEhtingale Fellowship who are in need through h8rdship, distress or ill h¢aldL The PerseverdDte Trnst Fund which wa8 made to suptxjrt the New Nigbiingale Fellow5bip project atvj 5UPFa)rt the provision of a r¢gul¥ ¢ommuni¢ation including the Jourtthi publication athl viathe Websil¢. 16

e Fellomshi Notes to tbe Financial strte￿&Lts- ¢Othinu forthe YearEnded 31 D￿¢￿]ber 2023 INVFSTMEwrs Listrd inv¢stsnents 31.12.23 31.12.22 At l January 2023 Sale of inYestttKn15 Purch&8eof InvestEDcnts 22?6.374 (315.422) 290339 2.430,0 (859.480) 845.243 Realiseivutire81is￿g9trt3 or loss¢s 288.300 (189,443) At 31 Dectmtrtt 2023 2.489.791 2,220.374 NET BOOK VALUE At 31 D￿¢￿i￿r 2￿25 1489,791 2.226,374 There were inyethcllt as￿ of £1.785.419 outside UL At the Balance s[￿t d￿e. tbe histor£eal CO￿ of the Inv&8to￿ts w&% £2.(K)5.744. A$ 81 31.1223 Jy) ]m)ldingh￿ a i'alueof>5Y• of the mLet vatueof the investments. DEBTORS: AMOUNTS FALLING DUE wmiiN ONE YEAR 31.12.23 31.12.22 Gift aid ulj￿strt(t Legacy income U[tr￿lri<tEd 146 81 56,398 l46 IIJ. cRED￿ORS. AMOt)NIS FALLll¥G DUE IVTnllN ONE YEAR 31.1223 31.J2.22 Accnjed R¢rided Accrued expe[￿ UnTestriGted Acc￿￿e￿￿[￿eS iiestrictcd 2.OJ5 8.759 6,271 7.155 J2,374 17

Fdlowshi NoÉ¢s to the Financial Sts for the Year Ended 31 Dec 2023 11. MOITMEf*T LY FUF4DS Nct movemwt AtOi.0123 At31.1223 Unrestrl¢ted General thd 197,104 1,839 198.943 Rtstritttd fv•ds R&stri¢trd fijt 13(kn,570 269.181 2.575.751 TOTAL FUNDS 2503 674 2,774 694 Net movement in fiJnd4 iTL¢lud¢d ID the 81we art as follows: Nd Movement in fu￿15 Ullrestricted fDRds 30,022 (2&183) 1.839 Restricted fuDds Restr￿ted fijnd 51696 171,815) 2883(M) 269,181 82.718 288 271.020 12. Cffj5 ••d Gaw (kns%e5) Total 30.022 (3.404) (22549} 12,230) 1.839 iiDre5trictedFu]thTotAI (3.404) (22¥49) 1039 R￿Es￿Le￿IF 51696 (14.8LX)) (41.788) (14.166) (1.(￿1) 288,3 283347 (14.166) RestrfictedFvHdsTotal 5200 a4.8tyJ) 269.181 G￿￿￿T0￿1 82.718 291) 288PtM) 27JJno 18

tin e Fellowsh. Notes to th¢Fina￿la] statem￿ts- wntinu 13. Compgrntht Statement ofFSrtanti*l ActiYi15&s forthe Y￿rE￿a¢a 31 D¢¢¢mb¢t2022 31.12.22 Total fiJJJds Unr&%triL#ed Restricted COM DoI￿tionS and Lcgaci Inv¢stm¢nts 76J93 7WI 775 45,975 77,168 46,682 Totsl into￿t 77,1 46,750 123,850 Raising fun 14,843 14,843 ch￿￿table aLtivities 50J40 73.800 Total expendithre 65.683 88,643 E4et lfys$¢s on invpstmellts 189,443 189,443 P4ET VICOME 54.140 (208J70 {154230 19

Thelii c Fellowshi Not£8 to the Financial Statemcnts- contitt￿￿ 14. CoDtparAtive Bl#Ate Sbtt As at 31 D¢¢¢thb¢r 2022 31.12.22 Total fjjnds FIXED ASSETS InY¢siTnerrt5 2226J74 2226374 Dcbtors Cash #t bank SQ479 143 56,479 233 195 199.719 89.955 289,674 CREDrroRS Amout)ts fallit]gduewithllxoJ* year (1615) (9.759) (12.374) NET CURRENf ASSEI3 277.31X> KT ASSETS 197.104 2J06.570 1503.674

Thelii ale Fellowshi 'led StatCrnCX2t of Financial Activities for the End¢d 31 Dec¢tTrb¢r V>2 31.12.23 U)restrid&l R£%triLd TDtsI 31.12.22 rotal COME tkn)ations and Iwic5 Invcsbnent Income 26,528 715 51,981 27243 51.981 3.494 77.1&8 45,975 707 3.494 Other Income Totsl ixtome 30,022 81718 123.850 Raising Fund Manager Fea8 15,653 15.653 14,843 CILarilble artivilits Gi118 alld t￿[￿li0￿S 3.404 3,404 14,8 1.278 15,400 14,8(N) Chr(tb]e Expe￿d]l￿ 14,8(K> 18.204 16.628 Sllp￿rt Costs Mallagem6nt Chasge Joumal publications Trnvelling Trust¢¢ M¢¢tings Prini Po* St3tionery &orag¢ Gift5 DonatiOll5 ¢bsite IT BaDk Charye$ 9979 23255 14,166 33 436 .317 655 439 33.234 54.166 5.583 6,027 1,881 907 SQ,549 9,056 6,214 4,237 2,458 J.575 758 134 5550 5591 252 211 211 Charitabk Supptyrt Cost Expelldith 40.301 62,850 54.981 Governance Costs Lcga AuditlInd¢￿￿thteXami[18tIOn ft Professional Tr¢ts 1.740 455 35 1,740 1516 35 1.061 J,516 35 Total govtrnaD¢t tosts 2230 1.061 3291 2.191 Totsl expeDdithre 28,183 71.815 84,345 8&643 Nel Oossesy8ains on investments 288,3 288JOO {J857,443) P￿T U4COME 1,839 269.181 271,020 (154236) This paEe rtsTrt forn) rArtofth¢ ststutory finaTKial 21