! JIAID CHAIUERED AccouwfAwrs J.A.D. Associates Limited 4 Bloors tane, Ralliham, Kent, ME8 7EG T: 01634 375222 E: admin@j.adaccountaiits.eo.uk www.jadaccounlants.eo.uk THE EDWARD SHOWLER FOUNDATION ANNUAL REPORT AND UNAUDrrED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Charity registration number 1181330 (England and Wales) ICAEW CHARTERED ACCOUNTANTS Re8i*r41 in England & Wale8 No. 2416462 1 VAT No. 522 S6457 DPCoh¥el] MAAT I DI Crombie IfA I A tknwdy ECCA I4¥Jtr
THE EDWARD SHOWLER FOUNDATION LEGAL AND ADMINIsfRATIVE INFORMATION Mrj J Sho Mts E J st*r DrcDPaI MrMRFra Ms K M Hamilt Dr C N Atklns arity number (England and Wales) 1181330 Independent examlner 4 c1)r5 Lane Rainham ME8 7EG
THE EDWARD SHOWLER FOUNDATION CONTENTS Trustees, rrt ststemart of tnthes, r¥tlitIeS IndewdeJ)t e¥amtnetrs reF(*t Statement of flnatthl aVIlIeS Balance st Notes to the financial statts 8-14
THE EDWARD SHOWLER FOUNDATION TRUSfEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The tnjstees pret thdr annual aThJ finandal statents for the en(knJ 31 DMI 2024. The financial statements have been pwar&1 In adae wth tt aLThting tK)liaes set t In fK>te I to the flnanclal statements and CoMY the tharity's govthThJ d(urnent, ts tharttie5 A(t 2011, FRS 102 Yhe Flnancoal RetX)rtrng Standard aptAlcalAe In the UK RblIC of Ireland" and Charities SORP "knunYng and Rewrting by Charities.. Statement of R0merded Pc awkalle to drItieS preparfng ttidr a(rounts In acCOrdar wlth the Financial Retxxting Standard applKable In the UK and Rewblic of Ireland (FRS 102).. Objecthies and activities The obiett of the charity is to a1 kyotect the Flry21 and m*41 I1th cf suffws (rfsarcon In the Unlted Kinglom through prw5iort of fina71 astae, yjtwt arKI V(Zti(. The bustee5 have pald due rgjard to gUIdae issu&1 lry Charlty ccffimlsSk In dgJdhJ what VItI& the tharity should undutske.
THE EDWARD SHOWLER FOUNDATION TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Achlevements and performance Edward sh£er wds a (kxtor 1kfng at the Royal Fr Hoswal in L(¥thn when In 2016 he was dl&Jnosed with metastatlc aear Cell Sarix)ma. Ed sadly d1 just 8 nnthS lattt at age 28. Sarcomas are rdre tytEs of cancw that affect connth t¢swe aiKI 1xx. Clear Cell Sarcoma is a very ra sub- type that mainly aff young adults in 1r 20's and 30,& patieJkts dk?gnosed th Cl&3r Cell Sarcoma the Is often pxjr as Ilttlels kn(Mn atout the (bsease. The Eoward Sly)er knndatton is a regltsed dlIty that set up ty Ed's family and frlerKIs in his menK)ry. The F(wndation has contiftu8J to PUtstE tys a1fft5 of suppJtir#J r(h Into aear Cdl SarcoTna, tTornoting better cknctor patlent communlcaUons, th an emFthas15 on eThJ of life care a1 SUPkKrt tffe tranng eXperieres f rlousty ill young adu% The work of the FOUndaon suFyxtd Lry ft5 re(rw8I frun ()rS dthu In the supwrt of charlty The Founda has set a target of ralstng É1,500,fAXI. At the cl Manth 2025 It has ralsel over £l,000,IXrt]. The F(NJndalon Is a vcluntsry-run chaTity that has alnKJSt ztro overh&ids and has strCg govnanC4 through a voung and talent&1 Lx)ard of trustees. We aim to u all the M(leS fdis&J to fu the specifK aims of the Foundalon (rather than teiThJ spt on adminlstratkx)} arKI have continued to te succesthl In achlevsng this. On requ&t, we wlll ring fen donaticK)s to ud wifiCal ftx aear Cdl SarcDma rerCh. The maln thrust of the FouThJath)n's rk is in 9Jp1 r&earth irto aear Cell Sarcoma, through a tryramme Into the gencKnk causes and dthers of disease. I"r¥j Undertak at Car& Institute at UnIvety Qlege Lonthn by a team undu the sutthth of Dr NEthalan Th'llay. tyogramme is now In its year and has collected a large 5atnple (for such a rare disease) of aear Ceil Sarcoma Ussue samples from the bio bank at the Royal Nalitwjal 0rttKjtH1lC Fkistxtal arKI from ottr rcoMa ntres acsos5 the UK and EurokE. Many of these have tten &ICallY squetKEd a1 analysed to Eetter understsnd the CaLs and drlvers of the dsea*. Foundatycm has rewtly agregl an extenslon trj thls arth 7M)rK TlI(h Ls 9 part by a grant (rf £L20,0 fmm Sarcoma UK. Thls furthw wlll fuLwJ a PhD stthtship, will invdve (J)tlatxxation wlth Oxfgrd Unlversity cutting edge sngle cefi 5equerring of Qr Cdl Sarcoma cells arxi will have a drug compOnt element Ung a new da of d called PRODAX and other protein rnders. To further wr alm of promoong tetter paknt (nmnwJnKzti(5 are FA4rt fijnd a FthD studertshlp at Cambrldge Urnlverslty In dc£tor patlent CommunlcaucS, with an emphasi5 Utx)n end of life care. The sucwsful aolcatlon Is a consultant In Palliative Care and wll lake up his time tx>st under the supe( of a very str(g panel of exEErts In the fldd drawn from CamExkJp uruty arKI Univty College London. To yJpwrt Ilfe-enhanclng exFErfences for serf(xth 111 y(xHvJ aduM5 we gfve an annual (ksnation of £5,(KYO to the WSllow Foundatlon. To date we have glven a total of £30,500 to help Willow to ([1 the exlIent work they do. Flnancial revlew The net inu)miru OueS totalled £%,651 suOu&
THE EDWARD SHOWLER FOUNDATION TRUSTEES. REPORT {cor1HuED) FOR THE YEAR ENDED 31 DECEMBER 2024 StNcture. governance and management A Board of TSt of up to six memkrs meet walty to &Jmlnl*tr the UrIty. The charlvs constbttrtion was adcpt&l C 21 Dttemtv 2018. Trust5 a ap[KAnt annually at the Annual GEral rneeilTWJ. The trnstees who Serv durlng the year alxl up to the date of of the finarKial statUMts were.. Mr J J Showl Mrs E J Showl Dr C D Paluth Mr M R Fraser Ms K M Hamlthi DrcNAn5 ed report ds awr by E4)ard ofTntsts. J J Slw)wfer te:
THE EDWARD SHOWLER FOUNDATION srATEMEKf OF TRUSTEES. RESPONSIBILtriES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are responSIe preparlNJ the TnJS, Rewt aTKI firJaI statnts In )rdan with apICaLle law and Unlted ngdoM ACCjnI1ThJ Stsrxlaftts {Unitsl lfjng(bm Generally AcTrptaJ ACCOUnng pract4). The law appllcable to d)arldes In jIand and Wales rqui the trusth5 to Fyepare flnandal sktements ft)r each flnandal year whkh gfve a true and falr vlew of the stste of affalrs CA the ¢tharfty and of the IrKomlng rurCeS aTh appllcadon of resour of the charlty for ihat year. In prqjaring these finatKkal statements, the trusiees are to: - select suitaL4e accountlng wllc4& ènd then awly ¢rrisMtJy; - observe the methcxjs and pdrriples in the Charities R, - make judgements and esumates that are rea$thte aNI fvnt; - stste whether applicable accounung standards have bn fcAlowed, Subj to any materfal departtJre5 dlsdosed and explalned In the finala1 ststeMts; a - prepare the finandal ststements C the ba9$ unth it is InaFvwlate to prume that the drity 11 ConnUe In operatifM. The trijstees are rewnslNe for keeplng ac£(xtIng reaYds that dlxlo reasonatle accuracy at any me the financial till) of the tharity arxl enatAe them tr) re that the flnandal statements comtAy with the Charl Att 2011, the Charty (Accounts arKJ ReFM)Tts) R8Juktions 2(M)8 and the [VIsIonS of the tst deed. They are also res[xx{Ee for SafUard1ng the a&%ets ( Ihe dlity aTrJ hen for tskiro reasonab stets for the prevention and deton of fraud and ilarItieS.
THE EDWARD SHOWLER FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF THE EDWARD SHOWLER FOUNDATION I report to the trustees my examlnaljon cf the finaThJal Statents of The Edmrd SlTh)wlw Foun(t4tlon (t charlty) for the yr end 31 December 2024. ResponslbllFtles and basls of repoit As the trusts> of the thaiity you are re5FM)n5iiAe for the try)aradon of flnandal atements In acCordall wlth the requ1refflts of the Chariti Act 2011. . I rei)xt In res of my examlnatbn (l the charfvs finandal statemts carrled out under 145 of the Charitles Act 2011. In carrylng out my examlnation I have fdkyAeJ Dlrvyjons gIV by the Chaty Commission under Secu¢ 145(5)(b) of the ChatIeS Art 2011. Independent examlner's statement Your attentlon Is drawn to the fact that the charity has Freparad the ftnandal statements In accordance with the revant verslon of the Statsment of Re£0mMed Fyactke aprdKable to charides preparlng thdr financial statements In accordan vilth the FinarThl ReFKytiTrJ Standard apF4icable In the UK aThJ Republlc of Irnd (FRS 102} In Weferen to the Accwntsng arKJ Reymting try lJarities: Statement of Recommended pract1 Isgjed on I Aprfl 2005 which is rrr to in the extsnt regulatK)ns ht hds now teen withdrawn. l understand that thi5 has been done in order for the financlal atanents tD Fyovide 3 tyue a1 falr In cOrdan v¥ith UK General Acc¥ted Accounti Prdcbce. I have completed my examination. I cmi that nkitters have con to my attentbn In OnectI with the exaMInati giving me cau to believe that in any mat&ial res accoUnng rrdS were n( kert in rew of the thaiity a5 rry4uir&l iry 5ectkM 130 of Charfttes Art 2011, the flnancial StateMts th) not CCj those raxffds; or the finandal stathents do not MplY wth appI71)le rryjulrements corKernlrrfJ the form and content of flnancial ststeMts set out in the ch3[e$ (Acoxjnts a1 Reputs) Regulations 2008 other than any reqUinent that the flnarKial *atements give a twe atKJ falr view, whith i5 not a maite¥ a)nsidJ as part of an Indedt examInati. I have no concems and have txjme across no other rnatters In wlth the examlnatlor to vthth attention thould be érawrb In thls rep)rt In to unLknLatwJing of the financaal statets to be reached, Davld Crombie FCA [Inde[KJt Examinw) J.A.D. A550ciates Ltd 4 Bloors Lane Ralnham Kent ME8 7EG Date: .....
THE EDWARD SHOWLER FOUNDATION srATEMENT OF FINANCIAL AcfivITIES INCLUDING INCOME AND EXPENDmiRE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Totsl funds 2024 fun¢ts 2024 funds 2023 funds 2023 2024 2023 Income from.. Donations and legaaes Investments 134.717 13.(M)5 134,717 13,CQ5 180,423 180,423 4,679 Total Income 147,n2 147,722 185,102 185,102 Expenditure on: Raising funds Charltsble activ]tles Cther eXtEndre 1,393 86.698 36,69) 562 50,665 86.698 360 li 37.870 9),665 88,535 88,451 88,451 Net Incomel(expendlture) and movement In thnts 109052 (50.665) 59,187 96,651 96,651 Rt¢ondllatlon of funds: Fund balan at l January 2024 247.953 300,953 151W2 53,000 204,302 Fund balan at 31 0¢b# 2024 2,335 360,140 247,953 53,&)D 3CKI,953 The ststsment of financial athttÈs indudes all gains and105ses recogni5e(I the year. AJI irKcrfne aThJ detive from LrffltinuiThJ ackn.
THE EDWARD SHOWLER FOUNDATION BALANCE SHEEr AS AT 31 DECEMBER 2024 2024 2023 Current assets Cash at bank and In hand 361,280 301,853 Credltors: amounts falllng due wlthln one year (1,140) {9(KJ) Net rrent assets 360.140 3DO,953 The funds of the charfty Restricted Income furKts UnbEsthcted fijnds 14 15 2,335 357.805 53,000 247,953 360,140 300,953 al statwts wwe apwwed ty the trustts ........ .. ............. Showler stee
THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting pollclag arfty infomiation The Edward sher Foundatlon i% a wbtk Lwefit altlty and wtstered charlty In EnglaThJ and Waks arKI is unlrwM)rdtl. The acklress of the wlndpal offte Is Tr Wdl Ftouse, Sextrles Fami, (hurth Lane, Nongton, Cantfftxry, KenL cr4 7AF. 1.1 Accountlng convention The llnanclal statanents have trttn in aCc(Yd3e with the dwrity's wvwning thxurrent. the charleS Act 20LL, FRS 102 'Tr Flnancial Rwiing StarKlard at¥Aicabie in the UK and RepublSc of Ireland" and the Char4tles SORP "Accounttng and RetMylSng ty Chartties: Ststement of Recommend& F¥actice applicable to charftyes preparir¥J tsr accounts In Finaal Repwbng Standard arwlicabie In the UK arKI Re[MA1 of Irdand (FRS 102).. dkirity ts a FNIC Bfit Entity as defi1 by FRS 101 The charfty lS tsk of wov15 in SORP for tharitle5 nrt to tryre a ststement of cash flows. The financlal Ststem¢ts have dert& fiDm Ihe Charities (AccDJnts arKI Rewrts) RJUlatIonS 2008 only to the extent rUIred to provide a true arKI fair Mew. This departure has Inv(Aved foll1ng the Statement of ReCommded Practke for tharitie5 aWyirvJ F45 102 rather than the verslon of the Ststement of Recomm Pracuce vkuch 15 refwred to In R8Ju1atlcS t4rt has wttkKlrawn. The flnancial statements a kyepared In stsdlThJ, whlth Is the rUnrtkal curTerKy cl the charlty. M(N)etary anTh)unts In these finaniial statements are rot&Klal to nearest £. The finanoal stments have be prar the hIstcl cOnv&iti. [m(KJfied to Indude the aluatron of freelM)Id protrties and to iThJuth investMt propertEs a1 (knln finandal Instruments at fair value]. The prtncipal accijjntlro pJlKies are set out bdow. L2 Going concem At lime of apFKovirKJ the finaThJal stateMts, trutss have a rea9)nable eXrtIOn that the charity ha5 adequate resour to contlnue In ¢]atIcl exIstee the foreseeabk fvture. Thus the trLt continue to a(kJFt the gc¥r@ (xxKem baS of acc()unVng In preparlro the finaThJal statements. 1.3 Charrtable fund5 Unrestricted fvrKls are availatAe use at the distrthn the tlltst In fvrthere of thdr tharitsie objectives. sublt to SFwIfic c(XKJitK)n5 ty d(S grantors as li) how they may ul. The purposes and uses of the re&ricted funds are SEt out in the n[e5 to the finatmial 5tstements. En(bwment funds are SLtyX to stejfic ccThlitkns that the capital must i maintaln8J by the charity, 1.4 Income Income 15 recognid when the tharity Is 18Jalty titlej to It aftw any perfornIan cmjitlons have bn meL the amounts can be meayjred relkatdy, and St Is probatle that income will reve. Cash donatlons are rdrconised on rereipt. Othw dctICK are rayyJni5ed On Ihe d)arlty has been Th)tIf of the L)naUc, unless Ffffornkin CKtIonS rwjire deferral of the anK)unt. Income tax r0Verable ln relaljon to datk)nS recdval urKler Gift AKI cr de8J5 ¢Jy4enant is rnIsed at time of the donatson.
THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANCIAL sfATEMEpirs (coKriNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 A(rounting policies (Conkn"nued) Legacitt are recLpJniA on raHpt (r OtheTh Ir the tharity has Th)trfied (fj an ImtH)ding dBtrlbuUon, the amount is kW, arml rpt is extaj. If the am(xJnt is rx)t krn, the 18JaLV treated as a contingent asset. 1.5 Expendlture Expenditure Is rn1$j t]e Is a b>al ¢x cc)stnth olA3a1j0n to transfer ecc4)0M befit to a third party, it Is w(thble that a transfer of econom tQEfits ¥11 r1rd in Sethen¥ Bnd the amount of the 0ation can be measurej rdlaw. Expwditure is classfied by acuwty. costs of ead) a(Jivlty are mède up Df totsl of direci costs and shar1 costs, includiw SUPFWNt co&s Involvej In lllthtsng eh axlvty. Dlrect costs attrlLyJtstle to a single activty are alloCatj dIrtty to that athtty. SharBJ costs which (nntritxrte to mce than one athvity and SUPFM)rt costs whith are not athbutable to a Ingle actlvlty are apportk?r¢ betrEn those athtE5 on a bass consistent wlth the u of ur. Cethl staff costs a alkJ2ted on the basls of tlme spent. and depredaljon charyes are alltl the of the assees uge. 1.6 Cash and (ash equivalents Cash and cash 4u1vants irdude (ash in ha1. hekl at call banks. Oth short-term Ilquld inv&ments with orlginal maturitie5 of three less, atKJ tkrynk overdraft& Bank ovthfts are slv)wn thin tK)rroMngs In current liatMlitEs. Bcfinanala$Sets Basic finanaal assets, whlch and cath aThJ bank balartts, are Inthlw meaSUrj at tra[th Ice I[ldIng transactlon costs and are gjt67Y carrled at amorb.wj cost ng the efftIVe intere meth(Ml unless the arrarrfJement Constit a finandng transacUon, ffte transattlon Is Measur at the [esent value of the futwe rtS nted at a Maet rate of Interest. Flnandal assets dasyfied a5 receIvae wthln one year are t amortlwj. Baskfinandalliabililies Basic finandal lIalIdes, iL1ng (rat5 bank kors are inltially at transacdon unless the arrangement constitwte5 a finarDr¥J bBnsacbon, whwe the tht instrunEnt is Measur at the present value of the futrre payments discounted at a mad(et rate of interest. financk?I IlItIeS classified as payable wlthln one year are aMOrti1. Dtht InstNments are sut68]uentty at amort158d cc¢ uslng effth InteSt rate methryj. Trade crojltors are obllgittons to pay fw or have acqulred In the ordnary course of owatlons from SuplerS. AnTr)unts payable are dassitsj as CUent IlabS1itles If paYMt Is due thin one year or I$. If no¢ they are pre1 as rrt Ikibllllks. Trade croyltors are reClSed initially at transactlon pr1 and b50]endY measurej at amCsl o)st ng the effecvve Interest meth(yJ. Derecognltlon offinanaalbIhtI Flnanclal liabilities are dere11 when the tharivs contracts1 olgationS explre are dlscharged or cArd1J. 1.7 Employee benefits The cost of ary unused hdiday entiuemert is r11 in the wi(xl in whh the empknyee's are TmInatIOn benefits are immlIatY as an extEnse when the tharity is demonstrably commltted to twmlnate the emFthrymet ( an emtkn¥ to tywde terminati¢m iNyfitS
THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Crftlcal ac(x¥unting estinwtts and JudgeMtS In the apICaon of the charivs ar£ountiTrJ Oicie5, the tnts are r4uired to make Judgemts, esumates and asSUmp0n$ atN)ut t rarryng arncnt of assets and liabilitie5 that are not readily q)parent from Oth ur. The imates a1 asYriatl a55umption5 are based on hist(MKal experien and other factors that are to reknnt Actual rwlts may differ from dstlmates. The e5tlmates and underlying dMPtK are reVEXI on an wing basis. Revis trj aCCotIng estlmates are recc4Jni5ed in ts WKKI in the estimate is revwl vhEre revision affts On that p0, or in the p1{KI of the revi5KJn arxl future kne the reslon affs both curwt arKI future Inclxne from donations and 189ari85 funds 2024 funds 2023 Donath)rns and grfts 134,717 180,423 Income from invastmwts Unre5trirted Unrestrkted funds funds 2024 2023 Interest recwaEAe 13,IX)5 4,679 Expendltsre on raising funds Unrestrithd Unrestricted funds funds 2024 2023 Fundraising and pubmclty other fundraislng costs 609 1,393 10-
THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Expenditure on dritable actlvltles 2024 2023 Dirnct costs SuptK)rt costs 1,199 1,201 Grdnt 1rj of aLJvlties ( note 7) 86,165 85,497 87,364 86,698 Analysi5 by fund Unrestrtcted fvnd5 Re*rictd funds 36,699 50,665 86,698 87,364 86,698 Grants payable 2024 2023 Grants to Insdtuttons: The Willow FourKlatk UCL Royal OrttY)paedlc HosF4tal Sarcoma UK 5,500 &),665 5,000 75,390 107 86,165 85,497 Net movement in fuThis 2024 2023 The net [VeMtt In fuNI8 Is stated aft th3rglngl(creJttOng): Fees payatrle for the IndewKiert exafflinat of thariws finanaal ststeMts 1,140 900 None of the (cf any [9)nS 1xnl vlth thun) red any remurffitiC or benefits from the charfty dudng the year. 11
THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {coprfINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 10 Employees The averdge monthty numiy of em duriryj year vos: 2024 Number 2023 Number Total There were no empYS annual remunuaIl was mc*E than £60,orJ). Remuneratlon of key management peThne7 The remun¥aUon of W manag7t was as folkrw5', 11 other expeThlitsre Unrestricted Unrestricted funds lunds 2024 2023 Flnan(ityJ costs S62 360 12 Taxatio The charfty Ss exempt frcrn taXaOn C Its actlthtles all Its In(x)me Is apFll&l ftir charitsble purFo 13 Creditors: amounts Pdlllng due wlthln one year 2024 2023 AC{al5 and deferr&J IroMe 1,140 900 14 Restrlcted funds The $tr1CtJ funds of the charfty comfft the of (k)natio[ and grdnts held on trust Subject to spedfic C(lI10nS by th)nC as to h(yAT tty U1. At l January Resouros At31 2024 eXpded December 2024 Research 53,fJ)O {50,665) 2,335 12-
THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 (Continued) Prevlou$ yaar. At l January Resources At31 2023 Research 53,000 53,OCX) IS Unrestrlcted funds The unrestrktej funts of the charity comprise the urey)ended balae5 of (kThtiors and gnts whlth are not Sub to sFEcMc cOltiOnS kry dmxs afKI grantors as to how they rrw be us&l. These fjnclLe des¢nateJ funds which have Set aside (xrt of unre51rthJ fvnds by the tnjSt for speclfic purposes. At l January frkcomlng Resources At31 2024 resour expended December 2024 General fijnds 247,953 147,722 137,870) 357,805 At l January Intoming Resources At31 2023 General funds I512 185,102 (88,451) 247,953 16 Analysls of net assets between funds Total ftmds 2024 fund$ 2024 2024 At 31 Detember 2024: Curmt assetsl(1Sabilities) 357,805 2,335 360,140 357,805 2,33S 360,140 Totsl funds 2023 futKts 2023 2023 At 31 December 2023: Current ats/(lIabEitteS) 247,953 53,000 3tK),953 247,953 s3,)0 300,953 13-
THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 17 Rel•tsl party nsa(m Thffe vtse dlgknatrAe reL3ted party transths dur1 the y63r (2023. rn). 14-