Charity registration nUM￿r. 1178930
The Gareth Neame Foundation
Annual Report and Financ¢al Statements
lor the Year Ended 31 March 2024
DSK Partners LLP
D S House
306 High Slreet
Croydon
Surrey
CRO 1NG

The Gareth Neame Foundation
Cont8nts (continued)
Reference and Administrative Details
Tru$lees' Report
2to5
IrKlependent Exxminerfs Report
Statement of Financial A¢b"vities
StatemÈnl of Finanual Positson
Nolgs to the Financial Statements
91014

The Gareth Neame Foundation
Reference and Administrative Details
Trustees
B Wliams
C Stothatd
G Neame
W Townrow
Ms O Long
Principal Office
Elsley Court
20-22 Great rrt¢hfigld Str￿1
London
W1W 8BE
Charlty Reglstratlon Mumbèr
1178930
Regl$teT¢d CIO numb•r
CE014426
Inde￿ndOn1 Examingr
DSK Partners LLP
DSHous
306 High Street
Croydon
Surrey
CRO 1NG
Paye 1

The Gareth Neame Foundation
Trustees, Report
The trusteas presènt thèir report the fInants￿ statements of the charity for the year ended 31 March
2024. The trustees have adopted the provisions of AGGounting and Reporting by Charilie5.' Statement of
Recommended Practice applicable to tharities praparing thèii accounts in accordance wilh the Finan¢i31
Reporting Stsndard applicable in the UK and Republic ol Ireland {FRS 102) (effective 1 January 20191.
The trustees present the annual repNt together with the finarK4al stslements of the charsty for the year
ended 31 Marth 2024.
The accounts have been prepared in accordance with the a¢counb"ng policies sel out in nule 1 to the
a¢¢ounl$ and comply with the governing documenl. the Charities Acl 2011 and 'Accountin9 and
Reporting by Chatib"es.' Statement of Recommended Practise applicable to charities preparing their
a¢counts in a￿OrdanCe with the Financi81 Reporb"ThJ Stsndard applicable in the UK and Republic of
Ireland IFRS 1021" las amended for accounting periods eommen(ing from 1 January 2016).
Obj•ctiv8s and aeuvltks
Objectives andpolici
The principal objective of the charity is to appty income and all or su(th part gr parts of the capital of the
CIO, at su¢h lime or times and in such manner to. or for ihe benefit of such exdusively charilable objeds
and purposes in any part of the worfd as the Iruslees may in their disc¥etion think fil.
Publle bénèlit
Trustè93 have paid due regard lo the guidance on public benefit PToduced by the Charity Commission
and are confident Ihal the work of the ¢Jhartty meets all the crtteria for public benefit.
Giant making policies
The trustees consider grant making an effective means of athie¥Mng the charitys objects for the public
benefit to improve the ¢onditions and fve5 of people through education, advice and training.
All grant proposals must be made in writing. Proposals must explain in delail lThJw the grant will be used
and put forward a strong case for supwt.
The Ghaiily trustees welcome proposals Ihal support iheir fvnding priorities from organisations and
indiv[du￿$. allhou9h the Irvslee5 are particularly keen lo support the following sectors.. education in music
& drama. young peopl•, consetvation & herita￿. the arts generalty. veterans and cadets.
Page 2

The Gareth Neame Foundation
Trustees, Report Icontinued)
Achlevements and perfOrn￿nce
Kèy financial pèrfom)ance indicators
Thè charity trustees will take steps to monitor the use of the grant and verify that the grant is used for the
purposes that have been agreed. The arrange￿￿nIS for monitoring wll vary according lo the naturè of t
grant, bul the Charity trustees a￿ayS wk to ensure that the arrangements are appropriate a
proportionate.
Arrangements for monitoring use of the grant may indude a$king the wipienl to provide copies of formal
records.rÈgular written or verbal updatès showng progress to date. management accounts to show that
funds have been used for the purpose for whth they have been awarded and in accordance wth the
terrns of the grant and a final wfitten report on cornpkb.on of the wotk lunde(I by the grant.
Review of activities
Durin9 the period, the tharity re￿Ved tstal donab'ons of£350.
The charity supported 13 different organisattons in the year. donations totalling £55.000. In line with
the Gharity's objectives the Iruslees made the following donations.. £S.000 to TGFSL - Together for short
lives, £5.000 lo The Ulysses Tru51, £2.500 to Household Cavalry Foundation. £l.000 lo SeGrel Garden,
£12,000 lo Trinity Laban Conservatoire of Musi¢ & Dan¢e. £2.000 to the R¢>yal Eirmingham ConseNaloire
Tmst. £10.000 to the UnN8rsity of Birmingham. £2.000 to Royal Briiish LegK*n, £2.000 to ABF Charitable
Trust, £1,000 to The Garrick Charitable Trust. £2.000 lo Pallanl House Gallery, £500 to Romney Marsh
Hisloiic Churches Trust, £10.000 to the Royal Central Schod of Speech and Drama.
Financlal revlew
At the slalemenl of finanual position dale. Ihe funds avaikqble for distsibulion w￿e as ftTrllc>ws.' £1,273,400
of unrestrictèd funds: £MIL of restricted funds.
Princlpal fundlng sources
The foundation is primarily lunded by Garelh Neame.
Pollcy on resems
The trustees aim to mainlain reserves at a levd which would cover any future commitmenls 01
expenditure. The trustee$ consider that the amount wll diJate future donations 8nd will consist of
donations recé1￿ by the tharity whTrd) are yet to be donat&d to individual charilies and causes.
The teserve5 al the end of the financial peri(xJ We￿ £1.273.400.
Page 3

The Gareth Neame Foundation
Trustees. Report (contlnued
Golng conceTn
After making appropriate enquiries. Ihe trustees have a reasonable expedalion that Ihe charity has
adequate resourcès to etrntinue in operalional existen￿ for the foreseeable fulurg. For this reason they
¢ontinue lo adopt the going concem basis in preparing the finanaal statements. Furthèr dètsils règarding
thè adoplion ofthe going concem ba$1$ can be found in the Accounting Pdicies.
Futuro d•v?lopment
Th& funding of the charity wll conbnue to be revtewed. The trustees exwt to make donations to
organisations and individuals the aim of improving the INe$ of indimduals, in line with the charity's
objectives and aims.
Strn¢turoi govgmance and managemonl
Nature ofgovernlng documont
The charily is controlled by its goveming document. a deed of trust and conslrtul&$ an unincoTporaled
thaiity.
Constitution
The charity 1$ an incorporated foundab"on, con5tiluted under a Foundation CC￿St1t(rt10n dated 26 Junè
2018 and is a rÈgislered charity in Ihe United Kin9dom. ¢hartty numbw 1178930.
Re¢rullment and appointmentof trnsteès
Thè managemènt of the chaiity is the iesponsilm.lrty of the trustees who are elected and ¢)>opted undér
the terms of the Charitable Incorporated Organisation ConstittAb"on.
Organisational structure and deeiTsion making
Al the annual Irustees, m¢elin9. Ihe trustees agree the board strategy and arèas of for the
foundation, includir¥J consideration of grant making. invèstment. ieserves and iisk management policies
and perfotman¢e. The day lo day administratron ofdonations is d&g8ted lo the administralor.
Inductlon aftd traiTning of trustees
Trustees are encouraged tr) attend appropriate external training events where these wll facilitate the
undÈrt8king oftheir role. Speufic training is wnducted as part of a board meeting where appropriate.
Page 4

The Gareth Neame Foundation
Trustees, Report (continued)
rrustee's responsibility statemenl
The trustees are responsible for preparing the TDJslees' Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Slandards (United Kingdom Generally
Accepted Accounb"ng Prath"￿1 hnduding Finanrial Reporb"ng Standard 102 "The Finanaal Reporting
Standard applicable in the UK and Republic of Ireland"
The law applicable lo tharities in England and Wale5. the Charthes Act 2011, Charity (Accounts and
Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare finanryal
statements for each financial year which give a true and fair view of the slate of affairs of the ¢harity and
ol the incoming resouices and application of resouf¢es. induding the income and expenditure, ol the
chaTity for that period. In preparing Ihose financial statements. the trnslees are required to
select suitable accounting polic4es and then apply Ihem consb5tenUy".
observe the methods and principles in the Charity SORP.,
make judgements and estimates that are reasonable and prudent..
prepare the financial statements on the going cDncem basis unless il is inappropriate to piesume that
the charity will Gonlinue in business.
The trustees are responsible for keeping proper acrDunting records whith disdose vrith rea3on8ble
accuracy al any tirne the financial position of the charity and tts enable them to ensure thal the financial
statements cornply with the Chanties Act 2011. the Charity (Accounts and Reports) Regulations 2008 and
the provisions of the trust deed. They afe 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 annual report was approved by the truslees of the tharity on
2Yand signed on its bèhalf
V@aiil4
B Williams
Truslee
Page 5

The Gareth Neame Foundation
Independent Examinpr's Report to the trustees of The Gareth Neame Foundalion
I report lo the charity trustees tsn my èxamination of Ihe a¢¢ounts of the ¢hJrity for the year ended 31
March 2024 which are sel out on pag•s 7 to 15.
R•sponslbllltlès and ba$S$ of r¥port
As the charity trustees of The Gareth N¢am¢ Foundation you are responsible for fhe preparation of the
a￿ount$ in accordance with the requirements of the char￿eS Ad 2011 1.thè Acl'l.
I report in respect of my examinalion of the The Gareth Neame Foundation 's acr￿unts carried out under
section 145 of the 2011 Act and in carwng out my examination I have fc4bwed all the applicable
Directions given by the Charity Commission utwjw seclion 145{5}(bl of thè Act.
Indèp•ndènt èxamifftor'$ Statsment
I have completed my examination. l +x•nfim) thal no material matters have come to my attention in
)nnection with the examinalion giwng me (3use to believe Ihat in any material r&spect'.
accounting records were not kept in respect of The Gareth Neame Foundalion as required by
section 130 of the Act., or
2. the accounts do not accord with those records", or
3. the aC¢LKJnls do not comply wlh Ihe accounting requirements conceming tha form and contènl of
accounts set out in the Charibes (Accounts and Reports) Regulations 2008 other than any
requirement that the accounis give a 'truè and fair ￿ whth is not a maller ¢onsidered as part of
an indÈpendÈnl Èxamination.
I have no concems and have come actoss no other matter5 in connection with the examination lo which
attenb.on should be drawn in this repcffl in wder to enable a prO￿r undérslanding of the xecounl# to be
reached.
Romit Basu FCA
DSK Partllers LLP
D S Houstr
306 High Street
Croydon
Surrey
CRO 1NG
Date..
2411012024
Page 6

The Gareth Neame Foundation
statèmerrt of Financial Activities for the Year Ended 31 Pdiarch 2024
Unrestricted
funds
Total
2024
Tot81
2023
Nol•
In¢omo and Endowmont$ from:
Donation$ and legaaes
Charitable activities
Investment incowe
Net gainlloss on investment
350
1,222
22,226
71.120
350
1.222
22.226
71.120
250,350
358
7,992
25,fj83
Total income
94.918
94.918
233,017
Expenditure on-
Raising funds
Charitable a¢tivitie$
Other expenditure
(14.591}
(57.676}
161
114,591)
157,676>
16)
112,2531
(102,0501
{32
Total expenditure
2.2731
172,2731
1114,3351
Net in¢ome
22.645
22,645
118,682
Net movement in funds
22,645
22,645
118,682
Reconciliation of funds
Total ￿rKI$ broughi forward
1.250.755
1.250,755
1,132,073
Total funds carried fO￿ard
1,273.400
1,273,400
1,250,755
All ol the charity's activities derwe from continuing operations during the above periods.
The funds brèakdown for 2023 is shown in notè 9.
The notes on pages 9 to 14 fomi an integral part of these financial stalemenls.
Page 7

The Gareth Neame Foundation
(Registration number: 1178930)
Statement of Financial Position as at 31 March 2024
2024
2023
Note
Fixed assets
Investments
1.216,032
1.130,270
Curr*nt assets
Cash al bank and in hand
63,644
126,635
Crèditors: Amounts falling due within one year
Nat currènt assets
16.276}
6,150
57,368
120,485
Nat assats
1.273,400
1,250,755
Funds of the charity=
Unrtrstricted income funds
Unrestncled lunds
1.273.400
1.250.755
Total funds
1.273.400
1.250,755
ancial statements on pages 7 to 14 were approved by the trustees, and aulhofjsed for issue on
and signed on their behalf by".
B Wi
ams
Trustee
The notes on pages 9 to 14 fomi an integral part of these finan(ial statements.
Page 8

The Gareth Neame Foundation
Notes to the Financial Statements for the Year Ended 31 MarGh 2024
1 Accounting policles
statgment of compliance
The finanfyal statements have b￿n p￿pared in accordance with Aci>)unting and Reporting by Charities..
statement of Recornmended Pradice applicable to charities weparing thèir at￿Unts in aeLordance with
the Financial Reporting Standard applicable rn the UK and Republic of Ireland IFRS 1021 leffeclive 1
January 20191- ICharits"es SORP IFRS 1021). the Finan￿al Reporting Slandard applicable in Ihe UK and
Republic of Ireland IFRS 1021 and the Charities Act 2011.
Basls of preparatlon
The Gareth Neame F(MJndabon meets Ihe definrtion of a publi¢ benefft enthty under FRS 102. Assels and
liabilities are initially recognised at hi5toricaJ cost or transaction value unless othèrwise statèd in the
relevant a¢¢ounb"ng polw notes.
CurrgnEy
Tho financial slatemerts are wepared in sterling which is also the fvnctional currency of the charity and
rounded to the nearèst Pound.
Going conc¢r
The finanLYal statements have been prepared on a gorng concem basis as the trustees believe that no
material Un￿rtaIntieS exist. The trustees have considered the level of funds held and the expected levol
of incorne and expenditure for 12 months from authorising these finanaal statements. The budgeted
income and expenditure is suffic4ent alon9 Wrth tha lev¢1 of r¢serves for the charity lo be able lo Continue
as a going concern.
Page 9

The Garelh Neame Foundation
Notes to the Financial Slatements for the Year Ended 31 March 2024 Icontinued)
Incomo and •ndowm•nts
All income is recognised in the Statement of Finanaal Athvil'es once the chaTity has enlilbement to thè
funds, it is probable that the income wll be re￿Ned and the amount can be measured feliably.
For I￿a￿@s, enlitlemÈnt is takèn as the èarfiÈr of the date on which either.. the charity is aware that
probate has been granted. the estate has been finalised and r￿lIf1¢8￿"0n has beèn made by the
execulorls} to the trust that a distribution wll be made, or when a distribution is received from the estate.
Receipt of a legacy, in whole or in part, only considgred probablo when Ihe amount can be measured
reliably and the charity has bèen nolified of the exècuto¢s intention to make a dislribution. Where legacies
have been notified to the charity. or Ihe charity is aware of the granting of probate. and the criteria for
income recognib.on have not been mel. tren the legacy is treated as a contingent asset atMI dIsC￿Sed if
malorial.
Donated services or faalrties are recognised when the charity ha5 control over the item. any ￿ndItI()n$
as$oeAatéd ￿th the don*ed itèm havè been mel. reeAipt of economic benefit from the use ol the
charity of the item is probable and that economic benefit can be measured reliably.
On refjoipt. donated professional seM¢¢s and dtsnat¢d faditi.es are recognised on the basis of the value
of the gift to the charity which is the amcyjnl the charity would have been wlling to pay to obtsin 8ervice5
or facilities of equivalent economic benefit on the open market.. a corresponding amount 1$ then
recognised in expenditure in the period of receipt.
Income lax recoverable in relation lo donations received under Grft Aid or deeds of covenant ig
reco9nisgd at the b'm¢ of the donalion.
Income lax recoverable in r￿at￿ to investment ino)me is re￿gnISed at Ihe time the investment income
is receivable.
Page 10

The Gareth Neame Foundation
Notes to the Financial Statements forlhe Year Ended 31 March 2024 (continued)
Expendituro
Llabilities ale recognised as expendtiure as soon as there is a legal or construciive obligation ctsmmitting
the charity to that expenditu￿, il is probable ihat a transfer ol ecA)nomic benefits will be ￿quIrerf in
settlement and the amount of the obligation e2n be measured reliably. Expendrture ts accountèd for on an
a￿rual5 basis and has been dassified under headings that aggiegate all cost related to the category.
whe￿ costs cannol be diredy attributed to particular headings they have been allocated lo actwib.es on
a basis consistent with the use of iesources.
Costs of g8nerating funds are costs incurred in attracting voluntary income. and those incurred in trading
activities that iaise fvnds.
Charitable aclivities and govemance costs are costs Irw)jr￿ on the Charit￿s operations. induding
support costs and cos15 relating lo the govemance ol the charity apportioned to (*aTilable activities.
Grants paYa￿e are charged in Ihe year when the off6r is made except in those cases where the offer 15
conditional, such grants being recognised as expenditure when the condibons attaching are fulfilled.
Grants offered subject 19 wndilions whith have not been met al the yoar end ale noted as a Eommitment,
bul not accrued a$ expenditure.
Taxation
The charity 1$ exempt from tax on its tharilablè 8CtbvrfiÈs.
Fund structhre
Unreslrided fvnds be used in a¢￿dan￿ ￿ the charitable gbJe¢ANes al the discretion of the
trustees.
Rèstrieted funds tAn onty be used for paitcular rnstri(￿ed purposes vAthin thè obj8cts of the charity.
Restrictions arise when speaffied by the dor￿ or when funds are raised for particular restricted purposes.
Further explanation of the nature and pu￿lse of each furHI 1$ induded in Ihe notes to the financial
ststemenls.
Investments
Fixed asset investments are a form of financ4al instwmenl and are initially recognised al their t¥ansaction
Gosl Subsequently measured at fair value al the stalement of finanual p0S￿On date, unless lair value
¢annot be measured reliably in which case it is measured at cost less impairnienl. Investment gains and
losses, whether realised or unrealised, are combined arKI shown in the heading 'Gainslllossesl on
Investrhents, in the slalement of financial aclivities.
Pa9E 11

The Gareth Neame Foundation
Notes to the Financial Ststements for the Year Ended 31 March 2024 (continued)
2 Investment incomg
Unrostrict•d
funds
Ganèral
Total
2024
Total
2023
'vidend income
22,226
22,226
7.992
3 Expendlture on rai$ing funds
a) Investment manag9111gnt costs
Unrestriclad
funds
G•n•ral
Total
2024
Total
2023
Other investment management costs..
Other portfolio management costs
Allocated support costs
10.505
4,086
10,505
4,086
8,653
3,600
14.591
14,591
12,253
4 Expondlture on ¢h#ritable activilles
Unrestrtcted
funds
General
Total
2024
Total
2023
Grant funding of activities
Governance costs
55,000
2,676
55,000
2.676
99,500
2,550
57.676
57,676
102,050
Page 12

The Gareth Neame Foundatlon
Notes to the Flnancial Statements for the Year Ended 31 March 2024 {continued)
s other expenditure
unrt9t￿ct•d
funds
Gengral
Total
2024
Total
2023
Nots
Allocated support Costs
32
32
6 Trust•o$ romun•ratlon and •xpèn$•$
Therè wère nts trustees. rèmunèiation or olher beneffits for the year ended 31 March 2024 nor for the
period ended 31 March 2023.
Trustees. expenses
Ther8 were no trustees, eXp￿SeS paid for the year ended 31 March 2024 nor for the peri￿ endèd 31
March 2023.
7 Fixed a$8et investmonts
2024
2023
Other investrnents
1.216.032
1.130,270
Included within £1,216,032 of Unhsled investments is £71.120 of unrealised gains.
Othor Inve$tmonts
Unlisted
inve$lments
Total
Cost or Valuation
At 1 April 2023
Revaluation
Additions
Disposa15
At 31 march 2024
1.130.270 1,130.270
57.349
57.349
334.680
334,680
1306,2671 1306,2671
1,216.032 1,216,032
Net book value
At 31 Mareh 2024
1.216.032
1,216,032
At 31 March 2023
1.130.270 1,130,270
Page13

The Gareth Neame Foundation
Notes to tha Financial Statemènts for the Year Ended 31 March 2024 Icontinued)
8 Creditors: amounts falling due within one year
2024
2023
Accruals
6,276
6.150
9 Fund$
Balancè at I
Aprll 2023
Ineomlng
resources
R•soure•s
expended
Balanco at 31
March 2024
Unr•$trl¢lgd fund$
General
1.250.755
23,798
{1.1531
1,273,400
Balance al 1
April 2022
Incoming
rèSoU￿eS
Resource
èxpÈnd•d
Balanco at 31
March 2023
Unrestrlcted funds
General
1.132.073
258.700
{140,018
1,250.755
10 Related party transactions
There were no related party transacti￿5 in tho yeai.
11 Independent Èxamlnerfs remuneratlon
2024
2023
Examination of thè financial statements
2.676
2,550
Page 14