JIAID CHAiifERED ACCOUNTANrs J.A.D. A8socAates Limited 4 Bl￿ts Lane, Rainham, Kent, ME8 7EG T: 0]￿ 375222 E. admlli4adaccountants.co.uk www.iada(rountants.co.uk THE EDWARD SHOWLER FOUNDATION ANNUAL REPORT AND UNAUDrrED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Charity registration number 1181330 (England and Wales) ICAEW CHARTERED ACCOUNTANTS R(g1s￿d tn FJElir nd & Wale5 No. 2416462 1 VAT No. $22 ￿ 57 DiTedotts DPColweU MAAT I DJ CTOTnbie FCA l Atk)wdy tfCA 14YtPryr THE EDWARD SHOWLER FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION TThstees mrJJsh￿ Mrs E J ShJ¥yler Ctr C D Pallxth MrMRFra M5 K M Ham1￿( Ltr C N Atklns Charfty number (England and Wales) 1181330 Independent &xamlner Davld Cn)mt4'e FCA 4 Bkjors Lar Ralntkam Kent ME8 7EG THE EDWARD SHOWLER FOUNDATION CONTENTS ststement of YesF¥N￿trAilIleS Inde￿d￿t examI￿S reFMJt Ststunwt d finaThJal a(J Balan￿ sheet 9-15 THE EDWARD SHOWLER FOUNDATION TRusfEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The tnjstees pwnt Iher annual repc¥t a￿1 firtancial ststemats fc* ts year 31 [￿ernber 2025. The finanaal statanents have t￿1 prqAr￿1 in accrrtthrKe vlth the a¢xcu)tlThJ Olcies set In rKTrte I to the finandal si3tements and CoM￿Y with the tharivs sY)vwnlvKJ d(￿m￿t, the a￿￿tIeS Act 2011, FRS 102 'The FIna￿ts1 RepKJrbng StsThtsrd aF¥Jlicable in the UK atKI Rq>ublic of ]r￿an￿ and the Charitles SORP "Ac(Duntlng and Rewrtlng by thariti&%'. Statement of Rec￿nmen{￿ applthble to tr￿￿tieS preparing thdr accounts In accordan￿ wlth the ￿nandal R￿￿n9 StarKlard in the UK and RepU￿k of Irdand (FRS 102)" Objectlves and actlvltles ob]￿t of the charity is to prcrfTh)te and mect the phy*al aThJ M￿ts1 twllh of afftrers ￿ sarcoma In the Lknited Kingdorn throu￿ tyowslon of finar¥ial aSSstan￿, W and exlwtK)n. Publicbenefit The trustees have pald due regard to gUIdan￿ Is%BI ￿rity comrrrfsgc￿ In d￿lding vthat aCyviti￿ charity should urthrtake. The past year was very ￿￿tIVe f(￿ Ed 5 FWrKL31l￿ a￿1 have m&Je srxne Maj￿ wyjress towards putting i ce the steps that wlll lead to fiThllThJ a t￿￿ ts aear Cdl Sara)ma (Ils). In FeLYuary we Pass￿ the landma￿ of havarYJ rdw £l.(KKI,(KKI and have ncpN thls target to rnlse a fijrther mllllon pJund& Thls was a Mef moment to reflect on athlevlng a mile#one whith Y￿ cixjkl not have envlsawj reAd)Ing wFEn we formed Eé's ￿jnda￿on. It w5￿ut sawng this uwkl ￿ have tr￿n achleved wthut the kindness and genW0s￿ of others. Ed wanted hls Ilfe to make a dIffere￿e and the reas￿ ft* sellin*up the was to ty al￿ achleve this on his tehalf, by flndlng an effethve treatM￿t a￿j ultln*ty a cure f(r Oear Cell Sarcoma (CCS), wTrld) we now feel is within reach. The money that we are raI￿rrtj Is funding the E￿rd FThJndation CCS Re5earth Prryjramme at the Cancer Ir)stitute at UnIv￿ty College L(￿thn (￿L). The fiJrKls wovthl have SUFWrted thls prcKJramme and Fpve also teen a catstyst for other d￿￿￿eS to Invest dlrecty into the tycmyamfne thr￿gh UCI; Sarcoma UK, The Jean Shanks Foundatlcffi, Tran￿lj Sarcoma crtlw ththldi nct have ha￿￿￿1 thut the F(KJndatic havlng Invest&J flrst. In January we recelved the flrst of tsvo InstaIn￿$ of a gift EIOO,000 fn)m a prfvate don￿. Ths ha5 t￿en used to fund a laboratory ￿n￿lan to coll* CCS tissue samtkn of ga*rOlnteSd￿ll (GI). lTris has extendej the of the programme arKi wlll In(y&4se txjr u￿kr￿a￿jIng of C(S c( the GI and dlfferentiatE tFi5 tyte of C( from CCS of the soft bssue. This will lead to a b&tsr unL*rstandlr¥J aThJ PD&%lbly to tr&4tmerts speciflrAIIy target this varlant of the dI￿Se. We also wanted to ralse awareness rf CCS a￿1 h3ve tsken to do th1& P&thaps rK)t surprlslngly, most pwle donl even know *rtoma Is g) why thld W krx)w ab(Mrt an ultra- rare gjb.tyte of the dlsease. Noiwithstandlngft we have rai*1 aWa￿n￿, p3rtI(￿laty In the Sd￿tIfiC a￿j m&ii(al IDmrnunty and have helFed to 9alvanlse r￿ear(th tEJng undertaken in different ktc*atcths auoss Eurtp and the UK to be awa￿ of each other. This of course could rKJt have ha[￿￿￿1 wAlJ￿1 the wH[lngn￿ of others to Colla￿rate In clder to athleve greater wl, THE EDWARD SHOWLER FOUNDATION TRUSTEES, REPORT (COKllNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 LKL have e5tat4LtheJ a ￿ of instilwtkns are Try4¥ c￿ researth whbth the West German Caw Centre (Essen), the fmn Cancu R￿Tr￿ Centre 1trktht￿g), VIB-KU C￿tter for Cancw (L￿Tr￿. BebJlurrt), UnN* {* Zurkh (s￿￿tZerfand), The Insthte for CarKer Research at the Royal Marthn Fk)4)ttal (Lonthn), Rwssy (Pari5), The thrlstle {MarKhets), th*tute Curfe (Pads), Blopdth LatrK)ratory (Cxa* Rewbik), Cort( Lknwsty Hcqital (Ireland), aTrJ the MaYKal Unlverw Graz (Fra￿e). Vlhen we started thls Journey there had Ilttle rewrch lrto the causes aTrJ dfvers rf crs and the ￿lT￿l[01 Identsfylng tsryets for tr&3ts￿n¢ or r￿r[￿ATrJ thujs aTrJ 9JFpi￿rQ dlnlcal trlal& Most of the Inltlal alms have a(*knl thanks trj the (bjiotul crf F*ofesgN Nlthla) Hllay arnl hls team at the Sarcclna Ger￿￿(S Lab at UCL. Qrtle, iwj, Skjl M¥J ¢Ah The genes U%￿llY IrNrJ%ryl in C(S are EWSRI and ATFI, wNth lThJxr&tty In what Is known a5 a trdn51Qca￿¢￿. ]n vtry rnre ￿￿e5 there are L*tw Ixrt EWSRI Is always Irwow. The rwr¢h has COnfirr￿ thls mutatlon through gaEtkally wuuKlrvJ laffJe batdi of CCS t155ue 5amF4es ￿llected so far. rrtj ￿a￿*s of sam￿S, varbxs tèthnkiues 9)me of ￿lch are $0 novd tfv w*re dilable wA)en v* startad the fiwramme, ts hdFdng to furtlw un(kn5tsnd ts dlsease and vknat controls its iKI a￿ Iwklry at (byaders that wlll desw ts EWSRL: ATFI by ¥pJfkalty ts￿r¥j Ihe AIFI gene w(KlucL Towards the end of last year, a gnyjp of xlentjsts and clinkaans from Unlv8slty of ￿￿jUry.Es￿ aThJ the German CarKw Research Centre In HeK*llxry, fc1Tr￿d a CCS ¥KrtJro grtsjp a￿1 have thlatx)ratirrfJ c CCS rEsearch and shartng Inforn￿. We are partkular lThl&taJ to PrLkn S&Ja&lan Bauer. Dr Wa Chudasama, Dr Dawid ￿lesa a￿1 Fycltsgy lknlan Hllay their tln* commltmeJ)t to thls dfort. A￿sIng frnm tNs ￿lIat(￿t￿M was t￿ first e*V htternatkjnal Cjear Cell Sarcoma Wixk¢x)p, whld) Wds hejd at the Rcyal &)dety cl Methine In L(th on the 17th a￿1 18th Sepkntv aThJ vms JL¥ntW hotsl by UCL a￿1 the Edward S￿￿er 93ve the thèr￿ CCS 9￿e￿Sts, re5eatYhers, dlnldans arml ￿t￿lS to m The flrst day of the Wc*ksFvJp was S￿￿fical￿ padents athcK3te5 to exthange aThJ to dtrAJJss thelr dlsease some of the top Sarcoma dI￿anS In Eurt*E. It %YdS a150 an q)pytuty to thare the dfrerttc￿ of future research, a vltal C(Th[(￿￿t Infc*Tnlro the day rf Workshcp, whlth was for ￿len￿Sts, re￿rth￿S aThJ d￿kIanS from ￿ UK arKI is, to dxuss dfftrert ap￿0acheS to fijiure CCS researth. Neady 30 sd&)ttsts atterKl8J and ￿tre knvltal to ryewrtthns (m diffrnt a4)￿ crf C(S, cowlng a rdnge of tt*mes frc#M its bk*)Jy, tknrtiibc and dE*alls (rf praliritBI trials arnl tfan4aUonal research. Fd1ry￿￿g the W(J**), a RO￿]Map for the C£S has t￿en wcduc&l whlth wtll thape the fuhjre w(yJamme rf ¥w)k aThl wh&e It vall te uTh*tsken 141th InteJDati￿I cdlaiANatlon kdng central to how this A ￿ weas after the Workshi4), the F(MJrxktion fcff the NatfirJ)al Jn5tttute of Heath (FNIH) In the US, anTh)uncal its ULTRA Programn* had se￿ted CCS and arrktrEr sarcoma, fmm OV￿ rare orKers, cffl whkh to fcojs thelr fvtsjre research efforts. The FNIH *ks to f￿M pulJlc-txlvate partnQ5hit￿ tr> ac(duBte tkn8Jlcal researrh arKI has ratsed over $1.5 bllllon ￿larS Ft Yrts f¢￿rKknl In I￿. THE EDWARD SHOWLER FOUNDATION TRusfEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 They 5dettgJ CCS b&ause C(￿ it W a Mutati￿ th4t is t3rg&atk, to the Ilmtsj numiH of Ffjtknts affthl, Itls unllkdy comFwbs *iU 4thlly irN& to fiTrJ a ajre, lkn o flnal rnte, in res￿ d CCS th&aixes, Is an upJ)mlng dnjg tsfjal for metsststk CCS patients IS4RC 045), is the to stsrt reuuiting in earfy 2026. We as a trial for a d￿￿ Wfiolty ta￿r￿j C(5 Is rd The tdal dru9, call8J KlmmtraK L8 ￿Ing ImM￿Kr(Ke, a UK ba￿[ Etsrm￿knl conwy. Tr trfol TrMII wrult In ￿treS In the US and at ts Royal Math H(4th1 (RMH) In We a￿ In cC￿￿t ￿ the RNH to provlde as￿stsrKe In rayuitlng patiats for the trtal. Jre&s Is a19) belng made on Ihe I pat*nt commu)thti(ms r&arth we are fiJNIINJ t*Ath Camlxldge Unfverslty. Arjun ￿ngth)m, Is uTrlertakiry rwrth a part bBsls +years has (tynrAet￿ hls first year. Aijjn has ￿41￿j la￿ aft￿nts d dats aThl has Start￿ anaWrKJ tNs and 9)me very hterestlr firMliThJs are alreaty ￿JIr￿j. ￿ Irrtemtkn Is to get the of thfis re*arth Int&Jatal Into medical tralnlro and ￿un has alreth vdth of Health *KI Care at))ut a "patI￿t ￿ntred. We a further £5,IXrf) to the IKilkJw to gjpwt (kys ¢Jrt termlnalty111 y￿r￿j adults. We Tr￿ve n￿0¥ dr#￿ted £35,5(Kl to Wllkhy. Hnalty, V￿ W￿ld Ilke to thank everyone th) has ran, S1￿M, walkoj, e4V)t ry rthe4vA* 1￿mSe￿￿ to raSse m¢xry for Ed's F￿ndat￿￿. Y(w are amazSry1 Flnandal revlew The IncomlNJ resou￿ tc*all8J £16,225 A P£ord drr￿￿£S of up to slx rtrjulaty b) almknl*tr I￿rIty. The charws was aw 21 2018. Tr￿￿ee5 a￿ aFpSnt&l amualty at Annual ¢￿tta1 m*lNJ. The tnjstees who servoj durlng the year and ￿ to Ihe d* of s￿tu￿ of fi￿￿la1 slatenents vBe: Mr J J Showler Mrs E J Showler Dr C D PalLKh Mr M R Fraser K M Hamllion C N Atklns THE EDWARD SHOWLER FOUNDATION TRusfEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 ' rewrt V*d5 appr￿1 by the B(k7NI of T￿￿e￿. J Show THE EDWARD SHOWLER FOUNDAnON STATEMENf OF TRusfEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2025 The tTUStees are fty kYepaTlrvJ the T￿￿￿. liepjt and the fir￿rth1 statrnts In accordan￿ vlth aFplkatJe afKI Unl￿1 ￿r￿j[th)m I￿￿ntIr￿j Stsndanjs (Unltsl Klngt*MI knepted AcoxntlrKJ Pradke). The law aFvllcable to charftks In Engla￿1 aThl Wa￿S the tsitss to finarKlal s￿ter￿ flnanclal year whlth glve a true falr th of the stste cf affalrs ¢￿ the dwity of tre IrKrAnlThJ reyxJrce5 aThJ apF4kaYon of rwwces the dk2rtty for that year. In pr￿rIng finarKial Stat￿ts, the truS￿S are to: . s￿￿t ￿(rA￿tir￿j p)IrJe5 and then t1￿￿ . make arKI e*mate5 that are rea9Thtle aThJ . 51ate whetlw apFAK3ble acc¢urtUng stsThJards have folk)wJ, S￿b￿rt io ary matatsl deFkirkJre5 disdcEal and ex[Aaln￿ In the finanoal statem￿ts. aThJ . prq)are the flnanclal #atrnits (m the ￿ng basls urtess * Is Inakycylate tD that th3TSty wlll conunue In 0[￿ratiOn. The tr￿Stee5 a￿ rtsFMn4t4e fcK k¥)Ing gJffbMt rths that w￿al￿e acasracy at any tlme the finarthl cf the tharlty aThJ enat￿ tI￿n to that the fina￿￿41 *aiema)ts comtAy with the (harllles Act 2011. Owrity (Accounts and RqyNts) R￿t￿m)S 2Crf)8 arml the of the tn15t d&, Thev are also reSp￿tr￿e fty 5afeguardlNJ ihe the dwrlty aThJ for rea9)nab￿ ste45 fcr the ￿￿)tth arKI Ikt&tM)n cl frats8 and other Irwlarlti THE EDWARD SHOWLER FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE EDWARD SHOWLER FOUNDATION I reFQrt to the injstees rrry exBmlnatkn ￿ the flnarxlal #attn￿$ of Edward Foun(ktion (lJ)e tharty) for year 31 2025. As the trustees cl the charity W)u are r￿[￿￿tle fv the weparatkn cl flnandal StateTr￿ts In accordar￿e vAth the the (ylari￿ 2011. I In regxt of my eAamlnalJon (rf the tharf￿s flThiKdal stst￿T￿ wt 145 (( the Charltles Act 201L. In carylro ujt my EAamfjnatlcffl I have the glvffi a)arty Commlssh)n urKl¥ s￿￿On 14515){b) of the Charltles P£t 2011. Independent examln*s ststement Your attenty(￿ Is drawn to the fact that the chartty has wer4qral the firk7tMial Staten￿ In accordar￿ with the rdevant verskn of the Str￿￿t of Pra¢Jke ap￿￿￿t￿e io dwrTlies wq)arlng tsr financlal statements In a¢tha￿e ￿ the Hnar¥ial strTh￿rd in the UK and Rewljlc of IIEla￿l (FRS 1021 In to the A(countiThJ aThJ 141 cha￿￿e&. Staten￿t rf RwnnEnded Practte I )ri12(N)5 Is referreLI b) in the extant WLAatlons ￿9S r¥Y￿ t*en ￿ttKJrdWn. I uThlerstand that thls has iwi In (ts fcf finarthl Statem￿ to PY￿•1de a In￿ and fair vlew In aL￿)rdan￿ vAth UK I have (J)mpleW ry ￿MInatIC￿. I conflmi thit no maitws ujme to my att￿ty0n In wlth the eydmlnatlon gMThJ me Ca￿ to beI￿ve that In any mat&lal rw ac0￿n￿ng r￿ordS wwe not kept In resFel of the thatlty as sth 130 ijw11￿ P£t 2011. the flnarKlal ststements th) a)))rd vrtlh ￿0)rds. or the finandal statements (kn rh)t comth wth the a￿lICabie the f¢m arKI c(ntent of flnanclal StrteM￿ s& out in Charllles (koyJnts Rqx*ts) Rowlalkns 2￿ ither than any requI￿nt that finaTrial *ate￿n￿ts fft a aTrJ fabr ￿, whkh is ￿)t a matter as part of an IThJe￿￿t e¥amiDaticffi. l no cr*K￿n$ and have C£¥￿ aJoss mattws In CtyThJl(￿ with the erdmlnatlon to vthth att￿on Ym In thls rqtrc in crder to w￿bIe a kXLW uTrkr*rKling of financbal aatements to be reathed. Davld (hm&4e FC4 {I￿IeperKlent Examlnw) J.LD. Assodatss Ltd 4 BI￿ Lane Ralnham Kent ME8 7EG Date: .... THE EDWARD SHOWLER FOUNDATION STATEMENT OF FINANCIAL AcfIviTIES INCLUDING INCOME AND EXPENDrruRE AccouKr FOR THE YEAR ENDED 31 DECEMBER 2025 Totsl Unrestsirted Restrirted fund$ funds 2024 2024 Total funds 2025 funds 2025 2025 2024 Income from: Donations and ￿gaaeS Investments 130,r27 13,n3 130,727 13,n3 134,717 13,005 134,717 I3,(￿5 Totsl income 144.450 144,450 147,722 147,722 Expendlture on: Raising fijnds Charitsble ath*ibes other e&tEnliture 8,527 119,130 8,527 119,130 562 609 36,699 562 609 87,364 562 50,665 li Total eXpendI￿rn 128219 128,219 37,870 50,665 88￿35 Net Income and movement in funds 16,231 16,231 109,852 (50,665) 59.187 Recondllatlon of funds: Fund balar￿S at l January 2025 357W5 1335 360.140 247,953 53,000 300.953 Fund balan￿ at 31 December 2025 374,036 2,335 376,371 357,805 2,335 360,140 The statement of financial activities includes all gair6 and 1055es recc#3nised in ￿ year. All 11K￿ and e4)eryJ1￿re dwive fr(xn continuing activibes. THE EDWARD SHOWLER FOUNDATION BALANCE SHEET AS AT 31 DECEMBER 2025 2025 2024 ent assets Cash at bank and In hand 377,534 361,2 Creditors: amounts falllng due wlthln one year (1,163) (1,140) 376,371 360,140 The funds of the dwrlty Re*rtcteAI Incon* fur Unrestricted futyjs 14 2,335 374,036 2,335 357,805 376,371 360,140 or THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANaAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Accwntlng poli(ies Charfty bnforniatlon The Edward Showlw F￿ndatIc￿ Is a entlty atml dwrtty In Erty￿1 Wats arKI Is ￿nI￿j￿)0rdt￿. The a(klress of pr1￿PaI crffte Is The Wdl H(NJse, Wlrles Fami, Churth La Nad￿n9t￿, Qntffiw, K&)L CT4 7AF. The flnandal state￿ts hm te￿ In Kc(YdarKe tke tharfws govemlng thcumwtt, the 3Tltles Att 2011, FPS 102 Tr FlnaThJal RqxNVNJ StarKkird applKatle In the UK and Repulllc of I￿la[￿l, aTrJ the Chart￿￿ g)RP "ACcoUn￿r￿j and Rqxxting lry tharltbe5: Statemert of Rernmme￿ Pra( applTrtJe to dkirftles ￿￿￿￿rI￿j thelr acmmts In acc(￿n￿ wlth the Financlal Rekx)rtlng Stanthrd appllcab In ts UK aThJ Rq)ut41c of IrelaTrJ (FRS 102).. The chthty Is a 14JlAlc Per￿ Entlty as ddln&J ty FPS 102. The (harfty has tsken athant&p of the In the SORP for nrt to [￿re a stat￿n￿t of ash flows. The flnandal Statern￿ts hwe de￿llrt￿ from the Charlt1¢5 (knyJnts arnl Rqvts) RwJulatknn5 2008 only tD the wuTraJ to armj fair Niew. TIMS de￿rts]re Iws invow followlng the Ststement of Re£ommatsl Prattj￿ dwlyes FRS 102 rather than vwslon of the Statement c¢ Re£0mm￿￿ P1acti￿ vthth Is to in R8wL4tb)r6 Ixt whlth has Sn￿ Leen Wththavm. The flna￿la1 5tsterw)ts aR pEpar&l In 5tslb￿J, whhth & the functk)nal ￿rr￿£V crf ts dw. Moneiary amcvnts In thtte finaTrJal statttnwts are rourthj to the wrest É. ilcles a(kwtsJ a￿ set ujt tekw. 1.2 Golng c•ncwn At ￿ tlme rA atPTcNlng the ftnandal siatem&ts, tsustees have a r63s¢￿able £￿￿ta￿On that the charlty has od4uate r￿Ar￿5 to tOntIn￿ In c¥kntxThl exISten￿ f￿￿￿￿e futu￿ Thus tn&ee5 c￿￿nue to co￿￿ bads ￿COuntIng In Fyeparfng flnancial Slatem￿S. 1.3 Charftable fund5 Unrestrlcted futKls are avallable ￿e at the c< the tnts kn fixthera￿e rf tsr d￿rital Jjectlves. Restrfct&J fur*J5 a￿ io unJiti(xis ty (kncrs cr graniws as to IKYAT tty may Ix Us￿. The rkmy￿S aThY uses of tke rethbj furnts s& Iwt kn the rths tt> the finarnial *tonents. Endo￿Th￿t are ￿b￿t to that the must be malntsln8I ty the 1.4 Income Income Is reCJred at the value of the future payments dlX(xJnt￿I at a Ma￿ tBte ￿ Interest. ￿na￿la1 IkitAiitbes dasslfiejj as ￿ya￿e wthln one year are Tr)t Tr* cr8lltc￿ are obltr￿￿ to In the C￿Inary cowse of ¢wa￿onS fmm gJFYlus. AnNxJnts are dassmed as c￿1 llat411￿ If payment Is due wlthln one year (* les& tf ML are a5 rb)rpornt Ilat41itie& Trade credttors are reccgnlsay InI￿al￿ at trnnsactlon measuryl at a￿thiS&j cost u4rHJ the effectlve Interest methcé. Dwwnition offfnanclalnabllldes Flnandal Ilabllldes are derecognlsed Wtr￿n the charlvs ojrtratsl otAbJatior6 explre (T are th9tharg8J cancdled. 1.7 Employee benefits The cost cl any unusefj trjthy Is wl*l kn ttE wkxl In the eM￿0Vee,5 are rennlnatk)n ttheffts are rox•JnlwJ Immtrjiatdy as an exFense when the chartty Ls demonstrabty o)mmitted to termlnate the eMF4oyM￿t cl an emttye or to provhje termlnatKm benefi 10- THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANCIAL sfATEMEtirs {COKllNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Crltical accounting esUmat¢s and judgthents In the apF41catton of the tharfty's a(rounOThJ the tn&ets are reQuIr￿ to make Judg￿￿ts, e5￿MateS aThJ a￿UMp￿On5 atrKut the orrylro anKsunt ¢* assets and Ikbtlfoes that are not readily apparent from other 9Jurce5. The estimates arKI awmptmms are based on hlstorfol ewence and other factors that are con51der￿1 to l* rdevanL Actual rroy d6ffw from these esvmate The estlmates and Und￿￿.￿￿ awm01￿ are r￿¥￿￿ c￿ an rylrrfj ba515. ￿S1onS to account5ng estlmates are r￿nISed in the In ¥yNch esttnJate Is r￿Sey Nthere the rE￿$1¢)n aff￿ts only that CMJ, or in the F*riod of the ￿1￿C￿) a￿1 future kne the revlslon aff￿S both current and fub&re Income from donations and legades funds 2024 2025 Donatlcns and grfts 130,727 134,717 Inc4%ne from Investments funds 2025 funds 2024 Int&ESt recknbie 13,n3 13,005 Expendi￿re on raising funds funds 2025 funds 2024 Fundraising and publklty other fu￿raiSing costs 8,527 609 11 THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANCIAL sfATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 202S 2024 Dlred costs Sukwrt cost5 1,134 1.199 Grdnt fuThlrrfJ of ￿tt￿tIes (see rth 7) 117, 86,165 119,130 87,364 Analysls by fund Unrestrlcted funds Rethcted fu￿5 119,130 36,699 50,665 119,130 87,364 Grnnts payable 2025 2024 Grants trfy InsYtiJth)ns: 5,500 80,665 uo 112,996 117,996 86,165 N¢t movement In funds 2025 2024 The In fuThts ts stataj after ctsnJlngl(a￿lttng>: F￿5 payable ftr the ttyamlrwon CA the thorlvs fi￿?1￿￿1 gatem￿ts 1,134 1,140 tharlty durlng the year. 12- THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANCIAL sfATEMErirs (coitrINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 10 Employe85 The averdge m(Mthly numiEr of empl￿5 during the year was: 2025 Number 2024 Number Totsl There were em￿OyeeS hthose arfftual Temurffili(n was mcye than £60,CKK). 11 Other expendliure Unrestrfr*ed Unrestrlctsd funds funds 2025 2024 Flnanclng costs 562 12 Taxatlon The d)arlty Is exempt tsxal1￿i on Its attits all Its Ino)rrE Is for tharitstAe tXJr￿Ses, 13 c￿lItOrs. amounts falllNJ due wlthin (me y￿r 2025 2024 AccTuals aThJ Ino)me 1.163 1,140 14 Restrlcted funds The restrlcted funds cl the d)arfty oJmwÈe the urE¥t￿thI balan￿ of (k)natlons and grants held on trust biect to swific o)ndltknns by as to h(yN tkw may LE U￿1. At l January Resouros At31 2025 expended December 2025 Resean 2,335 2,335 13- THE EDWARD SHOWLER FOUNDATION NOTES TO THE FINANCIAL sfATEMEKrs (coKrINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 14 Restrlcted funds (Continued) At l Jjnuary Resourc At31 2024 expended December 2024 53,C(JO (50.665) 2,335 IS Unrests4<*ed funds The unrestrfC￿ funds of the chadty COM￿1* the uneXp￿thI th4larKe5 c¢dc￿atICrts grants whlch are not Subj￿ to s[￿fiC c(￿￿tionS by d￿￿5 grant￿ as to how may IR Ltwj. Ihe5e InclLKle designated funds Trhl)ich have set asi[* of UnreStrkt￿ fund5 by the tn￿eS spedfic pUrkxj￿. At l ￿nuary Incomlng Resources At31 2025 resourras expended December 2025 Gen￿al ￿dS 357,805 144,450 (128219) 374,036 Prevlous year: At l January Incoming Resouros At31 2024 General fijnds 247.953 147,n2 (37,870) 357,805 16 Analysis of net assets beiwew f￿d$ Unrestricted R&rlLted funds funds 2025 2025 Total 2025 At 31 Decamber 2025: CurTent assetsl(IlaI￿ll￿e$) 374,036 2,335 376,371 374.036 2,335 376,371 Total funds 2024 nds 2024 2024 At 31 December 2024: Current assetsl(liatMllties) 357,805 2,335 360.140 357,805 2.335 360,140 14-