Charlty r8gl$tratlon number 1179087 IEngl8nd and Wal9$1 THE SAVITRI WANEY CHARITABLE TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 • xeinadin THE SAVITRI WANEY CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Tru8t• ACWaneyOBE G Waney J Waney A sh￿d0$an1 E Bond R Bijur J D WaTr8y Vsuri O Waney (Appolnted 19 November 20241 Charlty number {England and Vlal•BI 1179087 R8918tered office Thomas House 84 Eecl68ton Square ctOri8 London Unlt8d Klngdorn SW1V 1PX Audllor XeSnadinAudit Limlled 4648 E89I Str881 Epsom Surrey Llnlled KiNJdoM KT17 IHQ THE SAVITRI WANEY CHARITABLE TRUST TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 Ihè Boaré of twsl£es pregenl thelr 8nnual rep)rt and llnand•l slal¢mgni$ for tho year ended 31 March 2025, The finandal stat•m8nls hav8 b8en wepgred In accordance ￿th the accounlng polldes set out In no18 1 10 the fi78nclal statements snd eomply ￿th tl& eharftls goveinlng document, the Chartlles Ad 2011, FRS 102 "The n8n¢l81 Reportlng St8ndaril Applicab18 the UK and Rèpublic ol I￿land. And th8 Charities SORP "Accounlifig d Reporting by Charilies.. Sl8tement of Recommended Practic8 applicabl8 to charitlas prepsring IheSr a¢￿￿nts In c4rdance with Iho Finanual Reporting Starnlard applI¢8b￿ In th¢ UK and R¢public of I￿land IFRS 1021". C,bJe¢tlvts8 and a¢tlvlti strateg1¢ ObleGtl¥e8 Savtlti is a small charilobfe TNst based In tho UK. We aro drfven by Ih• b8f¢8f that ev8ryon& has right to good Fsallh. Sinc4 2001 we have funded programmo8 tr81 improve the he8lU) and Well￿e1ng of communitl&s. parueularty IF rural Indla palliative care and eyè¢are progt8mmè8. Whi181 we conllnue lo fund this important ivork. In réeMt ars our gr8nls have expanded to In¢lude mre prqects that addrgss envlrenrnental health with 8 broader fjgraphical fo￿5 bayond India. Wo prioritise our furt￿1n9 towards the followng progr6mmo 8rea8.' 1. Healthy Commur$11198 2. Catlng forlh8 Land 3. Slopplng Ham)fvl Chemlcals 4. Champlonlng Ch8ngemak8rs S. Discretlonary Grants S8vilri 1$ rx)mmitl8d to maklng thg most efffdent use of donated fiJnd$. prtsthlslng that 100% of any donallons celved go lo the projects they are e8rm8rkod lor. Twslees are proud of lh• publ1¢ benefit undertakon by sa￿1￿ aid hsve due fegar(f to Ihe Charity Comffli$8iorJ'8 guioance on Ihls. We hre ur8t&ful to our Implèmen￿￿0 pwthers. D)1188gue8. nelworks, frign¢Js and donors- sll of ¥vhorn m$kg it tx>ssiblg lor Savllri tc LyJnlinu8 to work In thls way. Cvervl8w 2024QS Tiroughoul th8 year, the Trusl grantècS & bial £876.262 to partners iyorklng on Communlty and En*fronmental 8llh Iniliatlves. We continue lo slrenglhen our appr08ch lo coll8boraUv8 grarit maklng with many grant$ dlreeted trrough fundin9 IR partnership with other funders or a form of poolèd funding. The majorily olgrants thls year wer• o)nllnuallon grants reflecting the strategy lo commll lo mulll-year fundlll9 cydes. Our pariners arè delivarfng work =ro8s thg globg, wmh 22 crants dlreGled toward$ proloCt$ 8nd p8rfnefS fn the Global South. ms, Oblettl¥os and Acflvltlès Savitrt s CIO Constilullon, tho board ol Ttust$è¥ award grants In Ilne wllh the lollowlng obl&cllv•s'. tha relief of those In n88d. by reason of youth. agé. 111 health. dlsablllty, flnandal hardship or anoth8t disadvantage, the promolron for Ihe b&Trefit of the publio of the con3efv8tlon. prot8Ctlon ènd Improvement of Ihè physle 8nd natLFral environmgnt.. and for svGh other exdu$ively ¢h8rilable puwes as Ihe t￿￿888 may from Ilme to Ilm* de¢lde. wo¥[dw￿8. through the provision ¢1 gr?nlg and advice. Tio Tru$l seèks to (t81iv8r these aclNili8s throuyli Id8nfrfwng, rnonilorlnu. and gvalualing new and exlstlng partn9r8. nonwvemmtrnlal organlsallons IMGOsl &nd indlviduals. to deliver Ih15 wowk. Throughout 2024.25 th8 Savitri Twst gEanled 38 Indlvldval granis to 35 partners workinu in Communlly and Envlronm&nlal H8aMh- a8 detalled on pag8S 2-5 of Ihls report. THE SAVITRI WANEY CHARITABLE TRUST CONTENTS Tru$teg5 report Statemenl of liust888 ra$￿SIbIlItIeS io Ihd8pèttdenl aijdttofs report Stslemonl ¢f ffn•ndal 8¢ttville$ 14 B818n￿ 8heèt 15 Notey tolhg Ifnanclal stat•m8nts 16-26 THE SAVITRI WANEY CHARITABLE TRUST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Gralll maklng Summary 2024.25 l. Hoal¢hy Commullhl¥$ In total £207,595 w88 granled In donalons towards three long-t&rm partneFS dollvorfng Eyec8re and P￿lF￿￿'ve Care In rursl North East Indla. Tho Yuyrlshl Shrlram Sharma Acharya Charltable Trust . £34,983. Thls Is Ihe registered tharlty for whlch th8 charitable eye hospital Akhand Jyot* ￿ye Hospllal IAJEHI Is a bontfidary. Our fundlng, laised by our r￿lSUT8nt partners. LPM and TheArts Club dirÉctly subsldlse(11.295 fre8 ¢ataffjd £ui9èriè8 at th& Savitri W8ri8y Eye C￿1r9. Purnl8. Ernmanuel Hospltal A980clatlon IEHAI . £1f9,145. EHA ha8 hospitals In some of the remo¢g518nd poorest parts ol Indts8. This y88r marks our ninth consecutiv9 year af fundlng palliatlvo Care 5eNc8s wythin Ih15 orgèni8ation. Our ndillg Is directed lowaf4J5 lh8 Doctors and Nurses supporung Ih&ir 8ffortB lo Integrale comprehenslve horne-baBod IllaNvo care serwkg$ oGr066 thelr hospllals In Northeast Ind)a. a$ ￿11 as palllollve care tralnlw kn Ihelr 8t8ff leam5. Cachar Canc•r HoBpllal & ReSea￿h Centre ICCHI - £53,407. CCH Is based sn wral As$8fft and wovld6s mch n88ded c8ncer care services lo Ihe peO￿e In the region of Ihe 88rack Valloy. Thls y88r was cmjr fihh ¢onseculiv& year of support for th8ir Hom8-Based P811iaiivè Car@ Program. This yèar a total of £586.e87 w&s donatèd lo partners to Improve the health ol our planet. Any Wofk 8è8king lo orol8d and Improve enwmnfflgntel health wi15 In8vltabTy b& far-reachlng however our br08d focus are88 Span lollowlnu programm8 th8me$; Caring for the Land (121. Stopplw Hamifvl Chemlcals {81 and Champlonlng -hang8mgkgr$151. 2. CaTlng for th• Land Farmln9 tho Futurè l￿FI - £50,000. FTF Is a tolledve ol funders. grantees, 8dvl$or$ and ambassadors from trhin ihe UK fo￿ artd Fa¥millg movemenl wllh an ambllious 81rn to 18dlllat8 cdlabor8tive 8clion lor a rÈgen&rslN8. agioecologic81 fulure In food and farmlng. ThB Coll￿11¥0 lakes a strategic and èxperiment818pproach, roDled In Je¢p cooperation within and across th6 whole system, froffl how food Is produced and distrlbuled to who Is Induded 3nd excludèd from aecess lo good food *nd th8 fand. Tho Gala Foundatlon . £20,000. G¥la's Sged PrawamTllg alms lo restor8 the UK'8 traddlonal kngvAedg& of $84d 3avlng to Stienglhen (he counltys ssEd $overeLgnty thgraforg ¢nsurlng our food sy518rn 19 rnoro ia8I1i8nt agalngt Imato chang& and olhei pr8ssures. Th1815 the seventh conseeuyva y¥ar Savltrl h86 supported thls prelocl. Tho Soll Asso¢lotltsn.£S.000. Thè Soll As￿l&¢fo￿ work ￿th farmers, bu$ln8sses. pollcymakers and ¢ommunI￿oS d8vèlopworld4e8dlng Standards io prot8Ct th8 fIrtU￿ health of p8QPt9. Rnlmelsi plants and lh8 envlronmèni. >top E¢o¢lde Internallonal ISEII £20,000. Sttsp E¢wde Infemalional Is tlevewng global cross-soclor support tr an International crfme of ecO￿d&. Th1$ year m8Fked Ile end ol a throfj-year gr8nt cycl¢ in th￿19bOratIoft wlh four er foundattons; Be Ihe Earth, Bprlh8 FountfstloR. Gower Street ond the Roddi¢k Fcun¢atlon. Aalna £17,674. A81n8. an Indlan NGO based in Od5sha. Is now In It5 Sgcolld ye8r ol fundlng for a prole¢l mpl&mented Irs partfiershlp ￿1h dellvery partner Sambhav. Thls InlU&Uv8 has grown slgnlflcanlly. focusing on 'ralnlng women Irotn farmln9 communitles In organlc larmlng pra¢tl¢e$. The go81 Is for Ih88e wom8n to e$l8b115h '11119g•4èv￿ 588d bank$, halplng them bulld k>￿g-t8Trn re$ll1￿ce and stren9lh8n Ihelr Ilvellhoads Sustalnably. 8h8rat A9roe¢ology Fund, Indla . £30,QOO. BAF Is a pooled fund, estsblished to er6È1e alllanc8 of to $upport thè trsnsition of 5rnallhDld8r and marglTr81 farmers In In¢Jia towards agroecologic81 farynlng pr#ollc8s that h¢lp mlllgale ¢limale chango. Gr¥nvlll• Communlly Kltchpn £10,OQD. Gr8nvi18 Community Klt¢hon 16 8 communily food hub. offerfng food tred aclfvi1188, and Iralnlng. Gr8nvllle CoTnmunlly Kl¢ch8n woiks In p8rln&r8hlp with thgSr local communlly, coire8tlng r8sponses lo soclal Is$u8s. OUT grant Is 5UPPOrting Ih8lr 'Good Food Box. whlch b8g8n uring the COVID19 pandernlc, a r6dical vgrslon ot a vegetablgllrult tKJx scheme seeklnu to provide cutturally xpproprla18 Iwll and vogotables. u$lng dlffèrent paym¢nl modds deptrndlng on p80p￿,5 abllty to pay. Thls gr•nt vll be ustsd tLI h81p support th8 Good Fotsd 8ox le8m to dellver iho Inlll8tFv8. THE SAVITRI WANEY CHARITABLE TRUST TRUSTEES REPORT (CQNTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 Synchronl¢lty Earth . £19,278 Synchronlryty E8rth work5 tD addre88 ovèrlooked and und8rfunded ¢onseN8tto chall&nges for globally threal8ned 3peclg8 and $£osystoms. Through th￿r Floutlshirlg Divorslly programme. they also support IndigenDUS Peopt&S 8nd local commun1118$ to prolecl znd reV￿e blocullufal dlver81ty. SynchroTrl¢ily are fadlltaling IhB Savlm grant for pyol8cts wtih communllles itt thèAtl#nd¢ Fore$l end Ihe Guaranl ICGYI Communltles Of Brèzll, focused ors Land d8marcalton. iefa¥estallon and Ègroec(40gy. Furldo Soclo Ambl&nlal Casa £28,902 Many Bmall envlronm¢fttal groups in South AmerTh havg limitèd resources wlth lillb a￿esS lo Internalbnal ￿ndIng optttsns. Fundo Casa's knowledge nctwork recommends grassfools organlsatlons in Braal lor a pod8d fvnd Inlliabve made vp of a neb¥oFk of funders who share gn iTrlention to collaborabvety Ajnd and exchanoe 188mlnc. Th8 fund primarily supports Inltiatives artsing from indig8nou5 and fore81 peopl8$ and IhBtr 8llles. Voo DB Vespa-£9,816- Led by lh8 Roddick Foundatlon the Voo da V6spa proJ8Ct Is Indtg?nous Ipd fund almed ai provldlng emeroency fundlng to fronlKnfr defenders vlthln thè Amazon reglon. In 2024. 15 Indlqenous 18ad8ts were supporied Wth stipend5. Global Divèrslty Foundatlon .£25,000 7h& Global DIv8rslty Found81ion conH6¢ts over 6￿ ¢hangemak¢rs around the wodd, prowdlng them with thè resources Ih8y n88d lo aehleve sc4ullons lo complex challonges. The Global Envlronmenls Summer Academy is a 3-monlh folk)wsttlp for changemaker8 worklno to find solulions lo ¢ompl&x planètary challenges. The Academy pro¥￿ed rnentorfjng, support, gyi4an¢e, loo18 and gXP8rti$e, serving as a dyTr8mlc plarform for collabor8tion. Inspiring IrFt)DYaUve solullon$ lo global chaR8￿g88. Th& 6th GESA, hgld sn 2024, w&$ part funded by Savllrf. The LUSH Sprlng Prfio 2025. £9,861- Th8 Lush sp￿n￿ P￿ze b o blennlal £200.000+ prlze fund 8nd other supp¢rt activilltss, thal 8e&ks lo bulld c8pacIty for Ihose repaldng th8 earth's dam8ged sysièms. It 15 8lolnt venlure behveen Lush CosmetiG5 and the EthicBI Consumer Re$earth Assouali0r￿, whh bolh organlsalions shaplng the d8velopmenl and coordlnaUon of th& projèct. Savilrt's gr8nl Is supporting the wlnner ol the 'lndlgenou$ KnO￿edge & Wi&dom' category, The Cultural Conseryancy. 3. Slopplng Harml￿1 Chèmicttls CHEM Tru8t-£40,000. CHEM Tiust works wlh Oicy mBkers, S￿EnI1$ts, olher 8oclgty groups and to campalgn for reslrictions on hazatdou8 chEmkals and ensurg that Ihey ar8 r8placed W￿1h saf8r a118rnatives. Thls is our4th ¢onsecullve uranl. Women's Envlronm•nl Netrwork IWENI- £20,000. WEN holds a vlslon for a su8tah)abte and toxlc fre& future - so all PaTenl8 8nd carers Can make sale. healthy and affordsble ehok8s for thèmsefv8s 8nd thelr ¢hlldren. SO% of Ihis grant is Un￿Std¢tÈd while th8 remalnder Is the year 2 of a 3 y¥ fe$trict6d grant towards fvndlng WEN'S Grggn B8by Project. Th8 project sims to pysh Strong leglslatlon lo protect curfgnl and future gen8faUons. i? ￿mpaign aims lo educate parents, rnldwiv8S. snd he8llh piofesslonals on how lo create o salef 8nd Tnore sustalnable envlronmenl for prognallw. b8bles and chlldren. Wot8rshed In¥estlgatlon$. £IS.000. Wal&rsh8d p8rth8rs with natlon818nd Intematlon81 mgdla lo run high impacl artlcles and Inv88tsgallon8 focuslng on 811 of the water crtsl$.- pollulbn. resource8, over•8b3tradlon, ￿ld1118, puNlc h88llh. ewronmenlal Iv5￿ce, and the Impacls of dlm*e ¢han98. CllontEarth-£100.000 The fvndlng from s#￿trI Is restrlctsd towards the te2m of lawyers who y￿rk on Iha Ihemg of 'PlaslScs and Harmful Chemlc81$'. Their focus 1$ lo Id8ntify h8rmful substances, ban Ihèm whére wssI￿& and Bdvoc8le for accesslblg and Iran8parent Infom)alion and systems aboul cheml(als to ensure there is 8ccountabllity by Industry and deelslon makèrs. THE SAVITRI WANEY CHARITABLE TRUST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Pesllcldos Actlon Ngtwoik UK (PAN UK). £40,000. PAN UK 8rè th• only UK charily focus8d enurely oft sthno thq problems cau$8d by pesticlde us8. They wovido saf8 811ern8tivos lor pesticides In f#rrnlng1 9srd8n¥, and homè le. In additlon 10 provldlng solutsoTrs, thtry 81so tackl& the ¢au58 ol P￿tl￿d? damag$ by confvoTrbng p￿1¢Y mak¢rs. go￿rnments, and r8gul8lor8. P•sll¢ldè Aollon Network Indla (PAN Indla) £34.242. PAN Indla works to emptswar faThlng communlt18$ lo reduce the of tox1¢ pesllcldes and agrochemicals, and lo take up norrch8mi¢al methods ol faTmlng piacfee$ th81 ch8mplon traditional kni)wledg8. bIOd￿er$1ty, Énd farmer pertlcipaled reséafch la atlalnlng suslalnabllity. Our funding Is b&lng dlreclers t¢)w8rrfs a 3-yeaT project worklng wth Cardamom farmers ill Keral8. C8n¢er Pr•vgntlort 8nd Educatlon 8oclety ICPESI. £10,000. CPES we￿8 to foilv¢è Ihe Incldenee of c8rKer and olh8r dl$8asgs, communi￿￿ng the lalest research to key technical and polloy aud18nce8 lo make the rA8e for Improved cheml¢8ls r£gulatioTr. Tho UK h88 the hlgh85t Usg of ielardanls IFRsl In th8 world. Our grgnt fundlng 18 dlr£cte niov8menl. Thè tour alsg msrkfjd the 8oft laun¢h of 8 n8w filrn docum8ntlng Debal's story. Ironied by much-loved d lourn81161 Dan Saladlno. THE SAVITRI WANEY CHARITABLE TRUST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 S. Dlser•tlonary Gr8nl Ntsw. more Ihan evgr, Iherols a demand lor emerG8Thoy grdnls Ir¢ response to hurnanltadan and nglur81 dis85t8rs. Rocognl$lng Ihat Savltsi Is not b8st placed lo d¢￿'V8r long-lerm slra18glt support IA response lo such a range ol CailS88, Ihose gran18 tond to be mad8 on 8 on0￿basIS to local NGOS who can respond 8ff8clivaly to thelr spedflc snd emsryent needa. Thls year.a totsl of £82.000 was graTh￿ lo.. NGOS provldlng emergenw ffledltral ald rellef to Gaza, tsyo NG05 Pro￿dIng m8al8 ané nutrmonal progr8mmes to vulntraU8 commbn5118$. Èn educatlon scholarshlp progr8mmè In Thalland and a horneltsssness proleci In tha UK. In addilkJTr. 8 numbèr ol dls¢retlonary grdnls w8r8 dDn8tÈd to mark the passlng ofour much40¥8d Ch8irolTrusle8s. Ihe late Devik8 W8ney Mokhlarzad8h. Tho Savltrl Foundaflon W6 guamntee quality loc¥1 understandlng, due dilrgenc4 and monitoring of our Indiaft partners through ovr sister org&nlsatlDn the 6gwtri Wanoy Ch8rit8b18 FounLl8tion whlGh Is baseé end reglsleied in Indio lundor thg M8harashlra Publlc Twsts A¢l.. E-215181. No direct grants wsfv fflade lo the Foundatton. but wè canunue to work dosely tts support our exlsling partllershlps iMth iurol tommunlty heaIth prol8Cts-Akhand Jyoll Eye Hosp11al. Cachar Cancer Hospllal and Emrnanuel Hospllal Assodalion. In addltlon, our parln6tshiwts ￿th Iho Pesll¢ld?Adlon NgiwoFk IPANI Ind18. Aalna and Yhe Bhardl Agfoècology Fund, 811 of which are 5upporlng f4rmlng cornrnunlll•s ro shlft to more agro8tologl¢al and regenerntlve fam)Ing fechnlqu8S to help Improve oulcomes¢or th8 pèopla ond the planel. Looklng Ahead Thg Trust WHI eonllnu& lo selecied prosects Ihat a￿ di$¢u$sed and ￿￿eWed throughoul lh8 ye8r and 17nalised th Trustees. Thfy Tw8t expects to be able ￿ ttJntinu6 ihts through svpport from its dongr ne(WOffk, fiJndra1slng partnershlps and Ihe ￿reful stelvardship of ils exlsling Inveslments. The oveFho8d w518 of rnnning the Trusl ￿51 eontlnue to be mgt In Ilno ￿th the Objectiv￿ of th8 Ghaiity. THE SAVITRI WANEY CHARITABLE TRUST TRUSTEES REPORT (CONTINUED) FOR fHE YEAR ENDED 31 MARCH 2026 Flllancl?I revlew THE SAVITRI WANEY CHARITABLE TRUST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Revlew of In¢omg In 202￿23 a total of £489,189 w8s recefved yla w•r81 Income streatTrs a$ d8talled b•low. Small Cljange for Blg Ch8ngo.- Donallons arg recelv8d from a £1 vaktntary Cont￿but¢on trom dlneTS of LPM. Zuma, Coya and Rok8 restguranls In London. A total of £206,078 wag tslsed ¢o11gclNely by our restsuiants., LPM rals8d £33,885 and the Ajts dub ialsed £4,866 restrfcled towards 8yerar& programmos. Coya ralsed £25,776. Zum8 ralsad £50,086 and Rok8 r65tauraTrl$ Ivenuè#'. Mayfalr, Ch8rf0tt8 StrEel, Ald¥vy¢h 8nd Csnary Wharf) r8ls8d £92,383 as Un￿stAti8￿ don81ions tOW8fds all prolect areas. At the yèar end. Ihère was £45.391 du8 from the re8t8wonts. Individu81 Donallons.. A tolal of E52,199 was recelved from indivNJual donatbns. Of thi3 lotal £2.109 of funds were unr851riclfjd and £50.090 of fvnds w8rg r851llcted lo 8peGifJc prole¢t spending. GiftAid.'Atotal of£6,fj69 was fac&￿￿￿ Investmentlncom8.' Atotal of £223.842 ivas recelv8d from Inv•$lmtnb and Inlgro8t. Funds brough( fDAvaftl from 2023-24.. In 8ddltion to the funds re¢aived Ihroughoul th8 year. s8V8ral donallons tof8111ng £58,970 wÈr8 brought forward from previous fin8nd81 yèttrs Funds Io ¢81ry fo￿8rd.. Restri¢l¢d fLmds totalling £7,769 aro to bo carrfed f¢Jword to the financial year of 202&26 hen Ihey can be Implem8nl8d. Revlew of Expendlluro In 2024-25, a total of £1.147,389 8P8nl cdlecllvely on.. Ch8rit8ble ortlviues (Grants: £876.262} Ov8rhBads Ineludlng audtrt cosl$=1£203.4011 and Inv8Stment mAn8g8m8nt f8es1£67.725). Related Parlles D8t£i15 of thè Tntrst's r85818d partles and the tr8nsa¢llons whlth hAvè taken place have been dl$cu8serf In note 22 of the financlel st8terngntS, Page 25. Jnv05trnent P&rfomianc8 R•port 2024-25 Thè SavNrf Twsl'5 Inv85tfflant portfolios arg m8naged by CIU, C82ènov8 Cspttal (C8z8nov81 and Bank J Saffo Sarasln IGibrallarl, London ljronch IBJSSI In fhe UK. Each b8nk provtdos wular reports to the Sa￿111 Trust so Ihat p8rforfflanGe ol ￿th prfolio can be monllored and analysed. Summary of thè ￿tr, 1 Aprll 2024- 31 Mar¢h 2025.. The performancè of all the porWoli08 flucivaled throughout tha perfod. Id1th￿n9 9bbal markets. Th6 MSCI World index incre8sed 5.73% durfng th8 peiiod. However, lh8 disuplinvit drawdown $lralegy arAo88 th8 Trust's portldios ensur8d that all gr&nt ¢ommllmgnl¥ were ffl&l In fvjll. Th& portfollts In Cltl conUnu&s lo be In Sell down mode alld currently contalns th8 remalnlng InYestm8ntg IrE real g$tste and prfvats equlty. Tot81 A8sel$ 8cro$s all portfollo¥ on 31 Mareh 2025: £8,808.648 (USD 11,263,156 1.29112024.. £9,449.0411 Ca£enove Balance as 0131 March 2025.. £5,041,852 (USD 6,503.989 @1.29) CaLefiovg tlftl8 wèighted Rturn., 1.3% BJS5: Balance a5 of31 M2r¢h 2025.. £3.721.958 (USD 4,801.32T @t.29) BJSS tlme weSohled relurTr= 3.01% 1. clllbank.. Balant8 as 0131 March 2025.. £44,838 fUSL) 51.641 1.29) Thls porlfollo 15 In 8911 dawn mod? 8r¥F cur¢enlty ¢onl8lns r8m8tnlng Inv8Stment8 In r881 051819 and Pflval8 equlty. Publlo B$nofflt Compllance Ststèmènt In lurth8ranc8 to thè Trust'$ Charftabla objetllv8s, Ihe ch8riVs trustees have complied the CharitièsA¢(201110 have duè regard Io the guldance ¢onlalned In the Charity Commlsslon's published general and televanl S￿￿e¢lOr 9uld8n¢o conc¢rftlng th$ op¢r4llon ol Ihe p￿lIC bgftèfrt rwutrement undertheAcl. THE SAVITRI WANEY CHARITABLE TRUST -RUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Th& Tru$lee$ have con$ldeTed thè Tmsfs financlal posltlon and Ihe tsks 11 fa¢es. A8 the Thst maats all of Its upport costs and grant comrnllm6nls Irom fts resgrves, the Trusl•8s' pollcy Is lo malntaln 8uftlcl8nt unreslrided rgsetves tts enablp thB Trusl lo coftttnue ils 8dfjvili8s and meet Ils obllgallc>ns gs th6y fall duè. Th8 Trustees aim lo Fold unreslricte(S ￿serveS equivalent to a minimum of one y8ar's andcipated Nnnlng costs logèlhaf wllh provlsEon f)r cornrnflled future 9rants. This level of reserves is revieYRd regularly and is consldered od¢4uale to provTdg f nandal stability and onsuro Ihg effecll¥e OAd ongotng operation of the Twst. At etKI of year 31 March 2025, the charlty has £34.927 In Restflclod reseFves and £8,911.415 In Unrestrfcled serves. TolalA6sets less currenl1l8bll1￿¥S'. £8,946.342. Seve181 measures are in place to m8n8go ii5k. Th8 Imsle&s adively review Ihe major risks th&tth& ch8rfly faces c t ¥egular basis and b&ll¢v$ wntrds overkey fin8nual re$ources in the oveThl ofadverse conditlons gre èngugh. The twsta88 h8ve also examlned olhor operauonal and buslftess risks Ihal they are faccd with and confirm Ihat they ave established sysl8rn8 to manage any $1gThificahl rfsk. PAey Manaoem¢nl Personnel Remun8Tallon Polloy Thè key managernettt of the Charfly arè règardéd 88 Its Trust88s 2nd th8 Twst Dlreclor. The Yruslees do not celvg any remunerallon or benefit$ ln kind. Th& TNSI Dlrector reeélv8S S818Ties b8sed OTh market rote wlth no t8nefits In klnd. The Sawm Trust aims to pay steff a falr salery Ihal is compelillwè vrithln the chadty $8clor, FroportiDnJle lo lh8 Cornplo￿ty ol each role, ond responslbl8 In Ilne wtlh the tharltsblè obSecllves. The ￿mUneration Fdicrfs 6ullabllity ané rèlevance are reviewed as 8pproprfat•, Induding rèfèran¢o to comparisons wilh other th8rilie$ ensuring Savilrf Trust remain8 8onsltl¥e lo pay and employment condltions in th8 broader $*¢lOr. Structure. goveinan¢• and monagoment On 1 Aprll 2019 011 thg 8sselB, liabllllles and E¢fiwtles ¢f the (Mglnal tfU8t ICh8rfty Commlsslon Reglslr&llon number 10879721 were Ir&nslerred to the Savlld Waney Charltable Tfusl ICIO Foundatlonl (Charity Commlsslon P.egistr81ion number 117908TI. The tr118te￿ who 88ry8d during th6 year 8nd up to Ihè data of slgn8lur8 ol Iha flTranclal statemen1$ weie.. AC Waney OBE Gwaney JWan8y . sh￿￿&88￿1 718 D Mokhts¢2ad&h E Bond P. 8ljur J D Wanèy 'Su D Waney 108C88S8d 18 October 2024) (App￿nted 19 November 30241 Pecmi7menl end8ppolnftnentof Iru8teg8 The power of appolntlng new or addlllonal t￿￿tee$ Is vested lolntly thB Settk)rs of lh& Trust. The Setirors and [Ilrector ol the Trust are respon$lble for the Inducllon and Iralnlng of n8wIy 8ppolnted trnst88s. whlth Invdv8S vareness of Trustee ¥8sponslbllll18S, the governlng do¢umenl$, ¥dmlnlslrallon proc8dur8s. hlslory, and ethos ol the Tn¢$l os o whde. Th& day.Io-day running operattons are dèlegattd fo the Trusi Directtsr, Gr8nis M8nag8r and E4okkeèper. THE SAVITRI WANEY CHARITABLE TRUST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 In Lovinp Memory of Devlka Wanèy Mokhlarzadth 1115 walh heavy h88rts Ihal In Oclober 2024. we pnnoun¢e¢J the p3$slno of our Chalr of TNsle&s, D6vik8 Wangy m0khla￿adeh. 08wka was a drfvlng lorc8 bshind the Savllrt TrrJ5t sfn¢e Its Inception, wor￿Jg aloTrgslde hBr mothèr. Juilllh and f8th¢r. ￿vA VVan8y 08E. to shape and guld8 our ml8slon. Sh8 pas81onalely sp9arhead8d Impacfful communtty haamh PTolect# Ècross Nral Indla rdnglng Irom ma¢emal h$8llh. chlld malnutrtl¢on. turablè bllndness. pa111a￿ve care, aFHI Improvlng Ilvellhogrfs. In re¢enl y8ars. Do￿k*S deep hv8 for th8 n8tUf81 ovethdhfrto ourprogrammos 8nd b8g8n to sh8p& our work yft new 8nd meanlnBfvI w8y8. Shp champlonedprofvcls that brldged Ihe hgalth of both p60ple 8nd the pl8not. fo¢uslng on agroecology, biocullureldiwerslly, youlh 8dfvisls and th8 fwhf 8g8insl ¢h8ffllc8lpolluNon. She wa$ iruly e¥cit&d byth8 possI￿lity of a more just8ndequilsbl& wortd,. th8 goldfynpromise th&t wea￿, In ourfinypart, working towarrls. Sh8 bpliewed in fundinu in communty,. workltjg loqelher wilh olhers tts lackle complex glob81 IssJJ8s. and she w8S not arre￿￿ to challengg Its tradilional approach lo phil8nthiopy. Anvays pushlng herselrgnd I1￿89 Bround her to th)nk mtsre deeply 8nd ed boldly. A cons18nl presence at th• heart ofihe Savitri Trust since our formayon, D&vlka Ivas involv8rlln 811 aspects olour work. She led wlth 8 generous hg8rt •nd 8 ¢uFlgus mlnd. She brought fun andjoy lo oursmaMt&am here fhe UKaNd Indi&, encour8glng us lo èppm•ch ourwopk wllh Ihe sgme enthusF8STII 8nLI love. Beyond Ibat- sh8 w85 8 true friend, m8nlor 8nd Insplrallon lo njany, and her I￿nesty. compssslort and wemith ￿1¢ b8 gre8tly m&%s6d. She on¢9 Said, 'Hop6. love ol beauEy, and p8rfeGlti)n of Ihs n8tutsl worfd o drfvérs for ma. We 611 h&ve dlllerenl re8$oAS. Iitsl hopÈ 18 th8 Postfivè outC4>m&. Whèl rn0￿ cen we daim Ihen th81P" Our Ihouphtg are wilh hèr famNy and Ir18r￿S ond $11 who loved her. Togèther w6 ￿11 her hope. a¢￿￿sM and p8sslon lorlh6 pgoklo ond th8 ￿8¢e$ sh8 carfjd g￿vI, through Ihg work of th8 Savilrf Trust movlng forward. Orgènisall¢nèl8tn￿tUI0 Thg Tnjsl is prificlpally UK•asgd ￿th Ils offic¢s In London. Please rnfgr lo lh8 19081 and 8dministratN6 pag& for rnore details. Olhermattors Manag8ment of th• Trnst The Trusl Dlrector Is Emlty Kerr Mulr, who w8s app￿nted to ihi8 role in Febwary 2018. The Granls M8ngg¢r Is Siobhan Mccarthy Prflorton who wa$ appointe(I Ir* S8pl8mber 2023. The Bookktaper Sam Fmst Was appolnled in February 2024. The tru8ts8 port W8$ 8pproved ty the Board ofTru$log8. D W8ney Tru8teg Date.. THE SAVITRI WANEY CHARITABLE TRUST STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The liuslee$ 8r$ rèsponsible lor prtsparfng th& Tmstees R8lXIrt and Ihe fin8no81918tèmnts In a¢￿danCe wlh tppllcabTe law and Vnited Kingdom Accounllng Standards (Uniled Kingdom Genarally A￿￿pIed Accounting Practtcel. The18w applicable to chariti&s in England and Wales requlres the Irus18e$ lo prepare flnancAal $t81gm&Trl$ for e&th fth•fi￿al yèAr whlch glve a true and fair vltsw of th8 81818 ol affalfs ol thè eh8fity and of the In¢omlng re$outces 8nd ppllc4lEon of r8sourc¢s of the thority for Ihal year. In prnpering these llnanclal stalBm?r*ts. Ihe trustaè$ ar8 requlied lo: $8leet suhab18 accounllng pollc165 and Ihen appty them con$l$lenNy', observe thtr methods and prtndr40$ In thè Charftles SORP.. m&k8 judGements and estim&les that are rèason8bl8 and pwdenl., stèlè whethèr applir£ble accounllng 818ndardg havè b88n follow8d, subl8¢l to any matarfal departu￿6 dlsdosed end explgined In th8 financ￿al statemgtt1$- and prepare the fin8ncT21 $lalemonls on lh6 going eonc8m basis uftless11 Is in8pprowt?tg to presumo th&t Ihè charity I conunuo In op8r8lkOn. Tha Iw8t¢es aF8 fospDn5ibla for keeplng sufflclènt aeeountlno r8cords that dlsdosewth reasonable accuracy at any ne tho fnanci81 posluon of th8 charity ?nd enab16 thom to 8n8ur8 that Ihè flnanclal statements comply ￿th Ihe Chadles Act 2011. Ihè Charfly (Aecounts and RÉporl$l RegulalTons 2008 and Ihe provl8kJns of the trust deed. Th8y e 81$0 responslble for $8feguarding the Sssels of Ihe charity af¥J htrnce for tsk4ng fe8son8bl8 81eps lor th6 Fxtsvènllon and d8ts¢llon of fraud and olher i(feguLgri1ies. 10. THE SAVITRI WANEY CHARITABLE TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF THE SAVITRI WANEY CHARITABLE TRUST Qplnlon We havo audlled the flDandal 51atem8nt8 of Th8 SBvltrl Wangy Charllable Trust Ilhe'¢hartty'l for th8 year eTrded 31 March 2025 whlch comprlse thg stalèmènl ol financlal acti%Ati&5, Ihe balance sheet Axd notes to tho ffingnclal slalemenls. Includlng slgnlflcant accoun￿ng polcles. Th@ flnanclal reportlng framawo£k th&t has been appllèd In thelr preparallon Is applle8ble law and Unlled Kln9dom Accounlng Standards, Ineludlng FlnantlBI Raportlng stdndard 102 Trè FinsKtclal Reportin9 S18nd8rd appllc8bf8 In th& UK and Repiibllo of Ire18nd {Unil8d Idngdom GenorallyAcceptedAcLounting PffjGlk*l. In our O￿nIOn. thefinandal &ta18m8nt8: glve 8 truè and talr kt8w of the stato of the ch8rfVs Aff8ir$ as at 31 Mar¢h 2025 and of Its lllcomlng resourc*s 8fid 8pplieAtlon ol resourcos, lor the year Ihen end8d.. havg been properly preparBd in a¢eordance ¥wth United Kingdom Generally Aecepied A¢¢ounting Pr4CtI(t: and havè been prepared In 8ccord8nca wlth the Charfll88Acl 2011. B8$1s for oplnlon We conduc18d our 8vdll In ecc4)rd8n¢g wllh Iniemallonal Stand8rds on Audillng IUKI IISAB (UK)) and eppll¢8blo law. Our fEspon51blllllFs under th088 standards are further des¢rtbad In the Auditorfs respon6lblllUg¥ for th8 audii of the Ilnan¢lal stst8m9nf8 $8ction of our report. We Independenl of th• charfty In accordanee wlth tho elhlcal requlrem8ntÉ Ih8l are relevant to our audit of Ihe finanGlal $lal8menl8 In the UK. Indudlng the FRC'S Elhlcal Sl8nd8rd. 8nd wè have lulfilled our othèT 8lhlc81 responpJblllll8s In accordance ￿th thesè requlremenls. We bellev8 that tha audit èvidence we hav8 obt8lnod Is sthdanl and appropriate to pmide a basis for our oplnlon. Concluslons iolallng to golng conc8m In au6tting the flnan¢lal slat8menls, we hav& concluded Ih8t the trnsteg8 use ol the golng ¢ontem basls of Accounllng In th8 preparaooa of the Ibnanclal statgmgnt$1s 8pproprtate. Based on tho woth we have p8rfomied. we havè not klentified any matertd uncerlalnti85 re18ting lo pvenls or eondllions Ihat, individvalty or eolleclively, may ¢8st $19nificant dpubt on thg ¢haritrfs ability lo wnlttTrue as a 90in9 concem fora period of at least iwefv6 mDnlhs from wh8h Ihe finaA¢io1 slataments arè &uth￿)Sed for issue. Our r9$ponslbllltlgs and th9 responBlbi1th85 of ttt8 trnstees wllh resperl lo going concgm dgwlb8d In Iho relov8ntsectloTrs ol this rgport. Othèr Infomiatlon Thè olher ifirofmalk￿ o)mprlse$ the informglion induded In Ihe annual report olhgr than the finandal stalÉmenl$ and our s￿110￿$ report th&reon. ThB tEusIE?s aro responsible for other 1nlorm8b.orn wnleined wtthln th8 8llnual report. Ouroplnlon on th8 fingn¢iel Glatèmènts dogs not cover the other InloFfflalion and we do not exprès$ any form ol assurance condu8ion Ihereon. Our fessx)nslblltly Is trj read thg other Inlormallon and. In dDlng so. ¢onslder whglher the other Infotmalli)n Is Mate￿￿lY Incons18tent the financlal statemenls or oui kno￿edge obtalnen The flnanelal slèlem¢nls have been Nep8￿￿ In ac￿rdanCe wilh the charilws governlftg document, th8 Charitles Act 2011, FRS 102'The Fln8nual RepDrting Stan￿ard gpplicaNe in the VK and Republlc ol Irelaftd" 8nd the Ch8rllle8 SORP "Aeeounllng end Reporttng by Charities.. Sl¥t¢m¢nt ol Rgcomrnended Pr8cUce ¥pplicabb tp thorft188 pieparlng thelr a¢￿￿nts kn accordan￿ wllh thg Flnanclal Reporting Standarij 8pplifjable In th& UK and Repul￿1¢ ol Ireland IFRS 1021.. Tho ¢h8ri1y Is 8 Publ1¢ Benefil Entty as def%ned by FRS 102. The ¢harfty has tsken advantsge of rhe pro￿$10n$ In thB SORP for charfUg8 not lo prepare a sl&t8m8nt of cash Ilows. The fln8oclal stalemonls have {Jo￿rted from the Ch8rftl8s lAc￿Unts 8n¢J Ra￿￿$) Regulations 2008 only to the &￿ent requif¢d lo provlde a tru• and fatr ￿ew. Thls departu￿ has Invo￿&￿ I￿lOW4ng the Siatemenl ol Recommefided Pr8ebco lor charities applying FRS 102 r8lher th8n the vwslon ol the Slai¢tnoTrl of Rewmmended Pr3Gllc8 whkh is referred to In th& Regulations which SI￿ been withdrawn. The fiTranclal slalements are prepared In steAkig. whieh l# th& functlonal currency of Ibe ch8rfty. Monetary 8motsrts In thesa finandal sta16m8nls are rounded to Ihe nearest £. The fin8ndol ststemenls h8V8 b88n prep8r•O ￿d•r th8 hlsioric81 cost convention. Th8 prindpal accounllng polleiès adopt8d are set out below. 1.2 Golng concem At th8 tima ol approvlng IhE fin¥nci81 &t8lemenls, the twstees have a r6asoAable 6xp8clalbn that Ihe charfty has a(fequate r8sour¢es lo contlnue in operational eylBt8rKe for the loreseeablg fuiure. Thu8 Ihg ttvstees convnue to adopt Ihg golng conceFn besls of acGounting In pr8parfng the financial statements. 12 Charitabl• funds Unr8sldot8d fund8 8rg available lor us¥ at th9 disGrelion OF thg tsvBle8s In Ivrth8r#Trc8 of Ihe¥r tharilablg obloctve$. Reslri¢led lunds ar• subje¢t lo specific wndllions by donors or grantors a8 19 how Ihey may bo u$Éd. Tho purpos&s and uses Df the restllcted funds ar9 Set ou11n the notes io thè flnan¢lal slatèmonts. IA In¢om& In¢oMe 1$ recognisetj wh¢n Iho chartly is leo811y enlllled to il after any pewfomianca conditions h8ve been rn81, the •mounts ean bè Measur￿ rollabty. and it Is probabl¢ Ihat incomo wll bo recelvod. Cash don&lloRs Sre r8cognlsed on recèlpt Olhar donadons are reco9nised oncs the eharfty has b88n nollfi8d of donallon, unlèss p&rform8nc& tx)ndititsns requir8 d8f8rral of th8 amount. Income tax reCo￿rabl￿ In r¢lation to donallons r￿1Ved undèr GIft￿d or de￿$ ol co￿nant 18 iecognlsad at th8 limg ol Ihe ¢Jonalton. Legacles art rocognfsèd on le￿1pt or olhgtwse ch8rity has been n￿lfiert of an Impendlng distrIb￿tiOn, the arnount 18 known, and r8celpl Is èxpected. If the arnounl 15 not knowfj. the legacy Is treated as conlng8nt è55el. 16- THE SAVITRI WANEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollelbs Icomlnugd) Interest on funds held on d&po811 Is Included wh8n r8caivabl6 and tho amount bo mèasured rdlably by the ¢harfly.' IhTs 18 normally upon nolifie81ion ofihe illle￿$t pald or paYa￿e by the bank. Divid8nds are r6(#)gnised oTrce th8 Oivldend h88 bé8n and notlficallon has been recelved ol the dikldend due. Rental Income Is ÉeeA)Ullted for when receivable. Inveslrnent income is all￿at￿ to reslricled and upreslr£ctsd lund8 based on Ihg proportion of ass81s hold withln éach lund. 1.5 Expenditure Expenolturè Is fecognlsed once Ihero Is 8 leg81 or coThstN¢bv8 oblkJ8Uon lo transfer oconomlc benefit to 8 thlrd paty, It Is prob8bl8 th81 a Ir5nsfer of ecorKKnTC ban8fi18 wll be reqtJlrEd In setllemgnl, pnd Ihe 8rwnl of the obflgation be m¥8ur8d T811&￿y. Expandllvrè18 cfa$sifièd by acthlty, Th& costs of each actlvlty ara mad8 up of the total of dlract costs and shared costs, Includlng support Cosls Involved ln urrfertaklng 8acb acllvity- Dlrecl ¢osts atlrlbutablo to a slngle a¢tivity 8ro allo(ated dI￿¢￿Y to Ihal activity. Shared c051s whtch conlribule to mDf8 than on8 8dlv51y 8nd $upport costs which are not att#butable lo a slnglo e¢llvlty are 8pportloned boiween thosè 8etivili6s on A basis C4)nsislenl Krfth ihe use ol resources. Central 818ff cos18 ale allocated on the basis ol SP￿{, and depreclallon chargos are allocated on the porfon of the 888et'8 118e. 1.6 Flxèd a$s•t Investments Flxed asset Invaslments are iniUally me£sure¢J at Iransacllon prke excluding tr8n$8cUon costs, 8nd are subsequeTrlly measured at f81r value al 6a¢h repoFUng date. Chang8s In falr valu9 are re¢ogni5ed itt net in¢omel(gxpendilurel for th8 y82r. Trdns8dlon costg ar8 èxpensqd 88 Incured. 1.7 Cash and ett5h equlv8len18 C8sh and cash equivalents includ8 cash hand. dÈposit8 hèld sl c£ll wth banks, other shori.lerm liquid InV88tm?nts with original maturities of thr88 month5 or less, and bank OV?￿raftS. Bank overdrafts arp shown Ihln bOrr￿￿ng$ in cuttènt IlabillU8 1A Flnanclal In8truments Tho charily has elected lo apply Ihe pro￿$10￿3 ol Sedlon 11 'Ba81¢ Financlol lJ)strumgnts' and Sec￿1)n 12 'oth8r Fin8TICI81 In8trumgnts18sue¥' of FR8 102 to 411 of Ils knanclgl Instruments. Flnan¢Pal Instmmenls 819 recognlsed th the tharfty8 baLgnc8 sh881 when lh8 tha￿ty b￿0m•S party to th& conbactual provl¥lons of th8 InslrumenL Flnanclal sssels and Ilabllllies arè olfset. wllh lh6 ttet amounts wesented In lh6 financl81 stat8menl8, when there Ss 8 189ally Énforceabl8 rlght to Sat ofl th8 r8cognis8d amounts and th8re TS an inlenlion to settle on & net basls orlo reaUs• th• ass•t and settlo the Ilabllity simuitsneously. DeMeognlÉion of ffn8n6l#lll$blllU8S FlnBnci81 IIAbllitt8s are d8recognls8d w￿n th8 cha￿ty,$ tt1ntraC￿aI ot4igallons ex￿re or are dlseharged or Gancelled. 1.9 Employe8 bènefifs ¢4J$t ol any unus8d houday entllleffieJtrl Is rewgnlsed In th6 F￿0d In whlch the employee8 setmces a re¢%￿d. T¢rMlnatlon b8n8flts ar8 r8Cn9nls8d jnimedla￿IY 88 an expans8 wh8n the Charity 1$ dernoD51rabty cornmltted lo ¢emilnate th• èmployment of employee or to pr¢¥fjdè l&rmlngtK)n btnefits. 1.10 R?IITgm8nt beneflt8 Payments to deftned ¢ontrlbutbn retlremenl benefrt s¢hern•$ aro chargad a$ 8n 8XP8n8e as they fgll dv8. 17 THE SAVITRI WANEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 A¢counllng poll¢lo$ IContlnuod> 1.11 Forelgn ox¢hang• Transactions In curfenoes olhor Ihan pounds slerlino are iecorded &1 the rates ol exchange prevaillng at Ihe dates ol the transadk)ns. Al each reporting end (Salff*, monelery assets and ￿￿bIlitI￿5 that 3re denominaled in loreign currenci88 aF8 retranslateLI al th8 rates prevalllng on th$ roport]ng ènd datè. Gains 8nd loss&% 4rfslng on Ir8n$lallon In th6 petlod ara Indudgd In profilor kJ88. Crltlcal aecountlng •stlmat6s andludgemwts In thè ApplicatloR of th? cherivs a¢¢ountlng pob¢los, thp trvst8es are required to makelvdgomènts, esllmates and assumpllons about the carry(TrG amount of assets and liabili118$ th81 are not r83dily apparonl from other sources. The esllmates and assoclated a8¥umplI0￿ 8r8 bas8d on hlstort(xl 0X￿rE&J￿8 olh8r f8dw that arg con81dered to be r8levanl. Actual resuks may dlfferfrom these estimates. Th• a$Vmèl6s Ond undèrlying 81￿MptIonS are r8vI8w8d on 8n ongolrLg b8818. RevlsEDns to accountlng esllmales affj ￿COgnISed In the pefiL¥J in whith the èslimale Is revised wherè Ihe revlsion effects only thal riod. or tn Ihe period ¢f the revl$lon and future period$ where Ihe th81on 8Karts both cuff￿nt and frJtur6 pertods. Income from dotTratlon$ and18oarlo$ Unre$trl¢t#£l Roslrlct•d funds fund 2025 2025 Total Unrn$¢rlctsd Restrf¢ted funds ftjnds 2024 1024 Total 2025 2024 D?natlon¥ and gfft8 170,733 94,814 2e5,547 195,688 76.508 272.196 Incomg from Inv•stmonts Unrèstrlctsd Unrestrtcted funds funds 2025 2024 Intrjme fiom Ilsted Inveslments Inler8s1 rerAivable 185,199 38,443 173.850 8,933 223.642 182,783 Expendlture ralslny lund8 Unr•strlcted Unre$trlcted fundB fund$ 2025 2024 Inve¥lmgnl m8nagemeDt 67.725 71,035 16- THE SAVITRI WANEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expèndlluro on ch•Titsbl• actlvltlgs charftablo attlvltles 20Z5 Chailtablo actlvltlès 2024 Dlrecl costs Grant MrKlinu 8Lqi*ities Grant funding of activitlas {seo note 71 876,263 855.129 Share of support and governanc8 ¢0$ts Ise¢ note 81 Support Gov£manoe 185.600 17,800 136.950 20.394 1.079.664 1,012.473 Analysls by fund Unro$Ir￿10d fund8 Rostflcted funds 987,504 92.160 ,oe7 6T.406 1,079.864 1.012.473 THE SAVITRI WANEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Grants ￿Yab Cherlt4bl• aGtlvltle5 202S Charttable acllvllles 2024 Granls to In5titutlons: AJEHIYSSACT Emmanuel Hospital Assoei8llon IEHAI Cachar Cancel Hospltal Tha Gaia Found8tion (Seed Sovereignty Prol8dl The Gara FouThc181ion (Love Trust Grant) Global Grgengrants Fund UK IBAF and Thp Ir18 Proledl Aalna Fam)ing the Future ISoeAal Ch8ng8 N8s1) Farming the Fuiur8 IPrlsm th8 gift fund) Soil Assoclalt¢)n stop Ecocid& Grariville Comrnun¢ty Wotnens Enwronmenlal Ne￿Ork {r6s1￿Cted) Womens Environmental Network (unroStri¢t¢dl Cancer Prever¢tion Educotlon SoGety CHEM Trusl CllentEarth Pesllclde Acbon Nelwork UK Pe511¢ldeAcl(on NetWQFk Indla Watershed Inv8$bgations F￿nd0 Socio hmblontal Casa 8￿C￿nICIty Earth Groupo Sauva (Vao da V85pal Glob81 Diversity Foundation The Cullor81 ConseryartGy (Lush Spring Priztsl Coalititsn Wlld Forcè of Naturè Y(xtrth for Suslainabl?Travo1 ILAYCSI TheAmos Trust The Big Glvo Thg Tulsi Chanrai Foyndalon Olh8rand dlscrellon4ry 34,983 119.145 53,467 20.000 5.ODO 45.ODD 17,674 50,000 188,268 81,942 34.572 30,000 45,DOO 18,085 75.000 10,000 20,000 6.Qtx) 20.000 10.000 10,000 10.000 10,000 40,000 loo.000 40.000 34.242 15.000 28,902 19,278 9,816 25.000 9.861 7.894 20,000 10,000 24.000 10.QCKI 10,000 40,000 100,1)00 40,000 34,068 1 Jr,000 14,405 22.009 10,000 3.872 15.QOO 5,000 22,906 30.000 82,000 876,262 855.129 -20- THE SAVITRI WANEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 Support Cogts allocat#d lo a¢tlvltle8 202S 2024 stsff Costs Bank charges and ex¢hangp d￿ferenCeS Offico ci)st S18ff tralnlng TrdvaS Govem8nEe cos1$ 115,450 16,694 44.881 6,022 2,553 17,800 90,189 1.411 36.081 6.648 2.621 20,894 203.400 157,344 Anolystd b&twe&n'. Ch8rit8bl8 actI￿lIeS 203,41Y) 157,344 2025 2024 Governan￿ Costs cornprls&: AuOIt f088 Aoxuntsncy 10.800 7.000 20,394 17,800 20,394 Nel movement In funds 2025 2024 The n¢1 movement In funds Is ltaled afterthargkngllcreditingl.. Fee5 payttble lor(he audlt of thg eharltys flnandal slatembnts 1D.8QQ 20,394 10 TruBIg9¥ None ol the tr*J&leei ltsr any persons conn8Cted Kryth fheml received tny romuneration or benefrts irom Ihè ch8rlty durtng the year. 11 ￿MPlOyeeS The averbgè monthly numb9r ofèrnpknyees durfng Ihe y88rw8s'. 2025 Number 2024 Number 21 THE SAVITRI WANEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 11 Employ?$$ (Conflnu8d) EmploymentCQ8t$ 2025 2024 Waoes and s81sri88 Soclal St￿ntY costs other ponsion ¢08ls 106,914 6.324 2,212 80.632 8,489 1.068 1IS,450 90,189 There wore no employees whose 8nnual remunerallon was rn0￿ thgn £60,000. Remuneratlon of k4y managèm¢nt pgr8onno1 The r6munerntlon of key m8n89gment peTsonn$l was as foll￿¥8.. 2025 2024 Agoregatts ¢ompÈneation 61,432 60,172 12 Galn$ and l(Iss•¥ on In¥èslmenl$ Unr•stilcted Unr8strl¢t¢d fund8 lunds 2025 2024 GainFIUD55e51 arI￿ll9 Qn.. Sale of Invaslmanis 1172,248) 429,345 13 Taxaflon Th8 charity ts exgmplfrom laxalion on its activtties because all ils Income Is applled loreharitable purposes. -22- THE SAVITRI WANEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Flxèd osset Inve$lmgnl$ Ll¥t8d ¢a8h held In InvoStm8nts Invo$Ement portfolS0 Cost or valuatlon At 1 April 2024 Addlbons aluatton chang85 Investment Income Exchange mcvernenl DI8P0881s M8n2g8rnenl lees 8.982,519 1,929.271 1172.2481 466.522 2,314.044 9,449,04f 4.243,31S 1172,248) 189.768 189,758 42.156 11S,1171 27,039 12,314,DI41 12,546,488) 14.860,532} 175.679} 175.6791 At 31 March 2025 8,487.654 333,040 6.800.694 CaYryln9 amount At 31 March 2025 8.467,654 285.315 8,732.969 Al 31 Mgrch 2024 8.982,519 466,522 9,449,041 15 Flnbn¢lal Ih8tNm¢nts 2025 2024 CaTrylng amount of flnan¢lal a$s•ts Inslrvments rne￿U￿d atlalrvalLtè through profit or loss 3dU,$94 466.522 16 D•blors 2025 2024 Amounls f4lllt7g du• wllhlll on8 y8ar. Tradè debtor8 45.665 58.970 17 Credltors: amount$ falllng due wlthln on& year 2Q25 2024 Trade ¢redltDrs other creditors A￿l￿alS and d8f8rred int¥Jme 372 14 35,527 1,054 32,896 35,913 33,950 -23- IHE SAVITRI WANEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Retlr¥mgnt benefrt seh8mos 2025 2024 DeffR8d contrfbutltsn g¢h8mos Charg8 lo profit ¢y bs$ in respect of dBfined o)nlribullon $¢hèm¢$ 2,212 1,068 Thg ¢h8rity operal6s A defined contrfbuktsn pen81on scheme for 811 qu8litying empk+yegs. The 8$8ets ol th8 seh8rn9 are held separately fiorn Ihose of th& chartty In en independenuy ¥drnlni8tered fvnd. 1B R¢8trtcted funds The reslrtcted fuftds of the charity tomprpse Ihe unexpend6LS balance8 of donalbns and gfanl$ hold on Iwst 5ublfj¢l lo speclflc cond11￿n9 by donors as to hDW they may be used. At 1 Aprll 2024 Incomlng re8our¢ Resour¢&s At 31 March oxpended 202S Eyscare IAJEH) PAlliqtiv8 car& 32,273 38,541 56273 185,8871 156,2731 34.927 32,273 94.814 192.1801 34,927 Prevlou¥ y¢ar: At l Aprll 2023 Incomlng resources Rè$our¢e$ Al 31 Moreh expendod 2024 AJEHIYSSACT Tulsi Chanral Foundatton Palllallve Care 263 22.908 75.308 143.2981 122,go81 {1,200) 32.273 1,200 23,171 76,508 167.4061 32,273 Eyecarè IAJEHI Fursds ale ialsed thmugh Ihe partner rèslaur8ni In London ILPMI, Tho Arts Club ond Indlvldu&l donations. Thls tsproS8nls funds which are reslri¢led towards fijndlng eY￿are IAJEH}. Palllatlvo Gar& Fund5 are rai88d through Indlvldu81 don8lons which ara roslrfil4d tDw8idB the palltative care prograrn. .24. THE SAVITRI WANEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Unr•sl¥Scled funds The tjnreslrlcteo fund8 of thFJ Charfty ctsmprtsg the uTr8xpended balafic85 ol donat10Th5 and grants whlch are )tsublect to Specific condlllon8 by donors and grantors as lo how Ihey may be usèd. These lllclude dèsignated funds whleh hav8 beèn sei aslde outol unr8È11ielèd lund8 by Ihe tNsiees forspeeiflc purtK)S8$. Galn¥ and At JI Marrh 108$? 2025 At 1 Aprll 2024 In¢omlng re50￿r¢8# Re50ur¢es expgnded Generallunds 9,744.517 394,375 11.055,229) 1172,248} 8,911.415 Pr¥vlou$ year: At 1 Aprtl 2023 locoming RasouKes r•sour¢e8 ¢xp6nded Galn• and At 31 Mar¢h ltsss•s 2024 General funds 9.952.803 378,471 11,016,102} 429,345 ,744,517 21 Anolysl8 Ot net a$¥gts bBlwe*n funds Unr•gtrl¢ted funds 2025 R851rf¢ted funds 2025 rofal 2026 At 31 March 2025: Inveslm8nts Current 8$set8Illi•bihlles) 8,808,648 102.767 8,608,648 137,694 34,927 8.911,415 34.W27 8,946,342 Unre5trl¢ted funds 2024 R08tr1cl8d fundB 2024 Total 2024 At 31 Match 2024: Inveslmonts Current 885etsllllgbiluesl 9,449,041 295,476 9,449.041 327,749 32,273 9,744.517 32,273 9,776, -25- THE SAVITRI WANEY CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 2• Rolaled party Irans8¢tlons Th8 SavHrl Ftyjndatlon Wh11st no dlrect grants were m8d8 to Ihe Sawlri Foundalon Ihis year la 18ro& part of the woik wos funded uslng a corpu5 donallon by the Trusl In prevlous years) w8 conllnue lo woth ¢bsety with the Fouftdèiion to monilor and malnl81rt 8￿SlIng project partnerships a$ well 85 Carry oul ￿$￿arch and dvo diligence of new potenlial proj6ct partners Indla. The Found81Sor* works Sn partnership wilh the Trust aTr¢ Mr8 Devika Mokhian?4gh 8a1 88 a Trust86 on the Foundailon's bt8rd. Tha Restaurant Pthrtner8hlp Dudng tho yoar donallons arè rec81V￿ from our partnér restattranls In London, UK. Donation$ ar& r8c81ved from a £1 voluntary conirtbullon from diner8 of LPM (Azur Ltd), and Zuma, Roka and Coya IA2uml Group) and Th8 Arts Club. MrAryun Wanéy Is Founder, DirÈ¢ioT 8nd Sharehoker of Azuffli Ltd and Shareho166r ol Coy8 Restau￿nI Lld. 8nd Coya Angel Ltd. He 1$ a Shareholder ai ThèArts Club. Mrs Judith Wan8y 18 Sharehdder and Dlreclor olknmi Ltd and ThèArts Club. Th& Late Mrs Devika Mokhl8rz8doh, and Mr Jai WEney are a180 Directors of Azuml Lld ènd Th8 Arts Club. During the year, LPM ralsed £33,885 Zuma raiseit £50,086 Roko ralsed £92,363 and Coya raisad f25.778. Th& Arts Club rydlsèd £4,666. At the y?ar end, Ihere was £4￿r,391 du& from th? r6stauranls. Th¢ Trustee$ The S8Mtrt Trust somallmes r8cÉlves eor*trlbulons from the Trusta8S towards project Cosls. 1DO% of ovefheads are bome by th8 Family Twsl Corpus wllh 100°A of all publlo ijonatlons dlreetsd to our SUPp￿d Pro￿¢1$. Inijuded ￿rythIn donallon and legacies ￿e￿IVed during the year. donalions tol811ing £50,000 roceived from Iwo Truste¢s was f881ri¢led towards the Palllauve Care twgramm¢s. A further £9110 uftreslricted donalth)n wa8 re¢¢lvod from 8r￿herTrV#le8. Thg Tr￿st hok18 Its InvBslmonl8 wllh thre& o)mpanlgs.' Clli Bank, c￿￿￿0ve and J. S&frè S&r881n. Mr8 Rlna Bllur ItnJste81 15 Man8glng Dlrector and Head of Prfvate Banklng ￿th Safra, and as such gxru5gs h8rsdf from any conversauons or meetings ￿1$￿vant to Safra'5 investment declslons. Th1$ year. thè Savilri Trustdid not hD518ny lund¥8ising events. -2e-