Charity registration number 1181341
Company r¢glstratlon number 10701630 (England and Wales)
FAMILY PHILANTHROPY LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

FAMILY PHILANTHROPY LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Richard Hayden
Susan Hayden
Spencer Taylor Hayden
Lindsay Hayden
Charlty numbèr
1181341
Company number
10701630
Registered office
17 Kensington Park Gardens
London
W11 3HD
Independent examiner
Gravits11 LLP
30 City Road
London
EC1Y 2AB

FAMILY PHILANTHROPY LIMITED
CONTENTS
Page
Trustees report
ststement of Trustees responsibilities
Independent examinels report
ststemenl of financial activities
ststemenl of financial position
Notes to the financial statements
7-12

FAMILY PHILANTHROPY LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2023
The TrLJStees present their annLJal report and financial statements for the year ended 31 March 2023.
The financial ststemenls have been prepared in accordance with the accounting policies sel out in note 1 to the
finan¢i81 slalements and comply with the ¢harity's governing document, the Companies Act 2006 and 'A¢counling
and Reporting by Charities.. Stslemenl of Re¢omm&nded Practice applicable lo charities preparing their 8¢¢ounls in
a¢cordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Iroland IFRS 1021 leffeclive
1 January 20191"
Objectives and activities
The charity's objects are spocifi¢ally reslri¢led to, in each caso for the publi¢ benefit, the advancement of religion,
science, literature or education, and the prevention of Cruelty to children or animals, or SLJch other exclusively
charitable purposes as the Trustees may in their absolute discretion determined.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
Achievements and performance
During the year, the charity continued lo make donations to various inslilulion5, primarily with focus on Arts £52,650,
he81th £17,000 and £477,567 to a foundation focused on improving lives.
Financial review
During the year the charity had nel oulgoings of £561,642 12022 - £69,786), income included income from
investments of £31,96112022 - £34,524). There were no don8tions received in the year. The charity made donations
of £547,21712022 - £153,750) lo various organisations. Gift aid du& of £1,500 was written back as not claimed in
the correct period.
Golng Concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate
resources to continue in operational existen￿ for the foreseeable future. For this reason they ¢ontinue to adopt the
going cOn￿M basis in preparing the financial statements.
Reserve policy
11 is the policy of the charity that sufficient unreslricled funds which have not been designated for a spe¢ifi¢ use
should be m8inl8ined al a level equiv8lent to cover future commilmenls. The Ttuslees considers that reserves al
this level will ensure that, in the svenl of 8 signrficant drop in funding, Ihtry will be abls lo continue the charity's
current a¢livili&s while consideration is given lo ways in which additional funds may be raised. This level of reserves
has been maintsined throughout the year.
Principal funding
During the year the charity did not hold any fundraising activities and no income was generated from voluntary
donations.
Investment policy
The Trustees retain the power to invest in such assets as they see fit.
Rlsk management
The Trustees has assessed the major risks to which the charity is exposed, in particular those related to operations
and finances of the charity, and are satisfied that systems are in place to mib'gate exposure to the major risks.
Plans for future periods
The Trustees will continue to support organisations in line with the charity's objectives.

FAMILY PHILANTHROPY LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2023
Structurè, gov•mancè and manag8m8nt
The charity is a charitable company limited by guarantee and was set up by a Memorandum of Association on 31
March 2017 and is a registered charity nurllber 1181341.
The Trustees, who are also the direclors for the purpose of company law, and who served during the year and up to
the date of signature of the financial statements were..
Richard Hayden
Susan Hayden
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of
the MerNorandum ofAssociation.
The Trustees report was approved by the Board of Trustees.
Richard Hayden
Trustee
05 Dec 2023
Date..

FAMILY PHILANTHROPY LIMITED
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2023
The Trustees, who are also the directors of Family Philanthropy Limited for the purpose of company law, are
responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting practi￿).
Company Law requires the Trustees to prepare financial statements for each financial year which give a true and
fair view of the state of affairs of the charity and of the incoming reSoUr￿S and application of resources, including
the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistenuy.,
observe the methods and principles in the Charities SORP.,
make judgements and eslimales that are reasonable and prudent., and
prepare the financial statements on the going concern basi5 unless Il is inappropriate to presume that the Charity
will continue in operation.
The Trustees are responsible for keeping ¥dequ8le accounting records th8t disclose with reasonable ac¢ur¥¢y al
any time the financial position of the Charity and trnable th&m lo trnsU￿ th8t th& finan¢i81 statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the p￿ventIOn and detection of foud and olhor irregularities.

FAMILY PHILANTHROPY LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF FAMILY PHILANTHROPY LIMITED
I report to the Trustees on my examination of the finanaal statements of Family Philanthropy Limited Ithe charity) for
the year ended 31 March 2023.
Responsibilities and basis of ￿pOrt
As the Trustees of Ihe charity land also its directors for the purposes of company lawl you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006 Ithe 2006
Act).
Having satisfied myself that the financial stslemenls of the charity are not required lo be audited under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's
financial ststements Carried out Ljnder section 145 of the Charities Act 2011 (the 2011 A¢tl. In carrying out my
examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl
of the 2011 A¢t.
Independent examiner'5 statement
I have completed my examination. I wnfirm that no matters have come to my attention in ¢onne¢tion with the
examination giving me cause to believe that in any material rèspect..
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or
the financial statements do not accord with those records., or
the finan¢ial statements do not Comply with the accounting ￿qUIreMents of section 396 of the 2006 Act other
than any requirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination., or
the financial statements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I have no concerns and have come across no other matters in connection with the examinalion to which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
4. 11 LLP
Gravita 11 LLP
30 City Road
London
EC1Y2AB
05 Dec 2023
Dated..

FAMILY PHILANTHROPY LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
Unrèstricted Unrastrictèd
funds
funds
2023
2022
Not8s
Income from:
Donations and legacies
Investments
11,5001
31,961
34,524
Total income
30,461
34,524
Ex
ènditurè on..
Charitable activities
552,684
160,711
Net gainslllossesl on investments
10
133,6911
62,043
Net outgoing resources
1555,9141
164,1441
Othar rècognlsod galns and lossès
Other gains or Ilossesl
11
15,7281
15,6421
Net mov&mont In funds
1561,6421
169,7861
Fund balance5 at 1 April 2022
576,239
646,025
Fund balances at 31 March 2023
14,597
576,239
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from wntinuing activities.
The statement of financial activities also complies with the requirements for an inCOTne and expendrture account
under the Companies Act 2006.

FAMILY PHILANTHROPY LIMITED
STATEMENT OF FINANCIAL POSITION
ASAT31 MARCH 2023
2023
2022
Notes
Flx•d assèts
Investments
12
578,787
Currant assets
Debtors
Cash at bank and in hand
14
1,500
92,109
18,197
18,197
93,609
Creditors.. amounts falling due within
one year
16
13,6001
196,1571
Net current assetsllliabilitiesl
14,597
12,5481
Total assets less Current liabilities
14,597
576,239
In¢ome funds
Unrestricted funds
14,597
576,239
14,597
576,239
The company is entitled lo the exernplion from the audit requirement contsined in section 477 of the Companies Act
2006, for the year ended 31 March 2023.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect lo accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statemenis for the year in question in
accordance with section 476.
These financial statements have been p￿pa￿d in a￿Ordance with the provisions applicable lo companies subject
to the small companies regime.
05 Dec 2023
The financial statements were approved by the Trustees on
Richard Hayden
Trustee
Susan Hayden
Trustee
Company registration number 10701630

FAMILY PHILANTHROPY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Accountlng pollclès
Charity inforrnation
Family Philanthropy Limited is a private company limited by guarantee incorporated in England and Wales.
The registered office is 17 Kensington Park Gardens, London, W11 3HD.
1.1 A¢¢ounting Convention
The financial statements have been prepared in accordance with the charity's governing document, the
Companies Act 2006 and 'Accounting and Reporting by Charities.. Siatement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" The charity is a Public
Benefit Entity as defined by FRS 102.
The charity has taken advantsge of the provisions in the SORP for charities applying FRS 102 Update Bulletin
1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the fLJnctional currency of the charity. Monetary
amoLJnts in these financial statements are rounded to the nearest £.
The financi81 stslemenls have been prepared under the historical cost convention, Imodtfied lo include the
revaluation of freehold properties and lo include investment properties and ¢ert8in financial instruments al fair
valuel. The principal ¥￿tsUn11ng policies adopted are sel out below.
1.2 Going concern
Al the lime of approving th& financial ststemenls, the Trustees have a reasonable expe¢lation that the charity
has adequate resources lo continue in operational existence for the foreseeable future. Thus the Truste&s
continue lo adopt the going ¢on¢ern basis of accounting in p￿paring the financial slalemenls.
1.3 Charltablè funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
1.4 Income
Income is re¢ognised when the charity is legally enlilled to il afttrr any ptrrformance Conditions have been met,
the amounts Can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation lo donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit and can
be measured reliably.
Support costs are those costs incurred directly in support of expenditure of the objects of the Charitable
company.
Goveman¢e costs are incurred in ¢onn&clion with the administration of the Charitable company and
compliance with constitution81 and slalutory requirements.
Charitsble activities and governance costs incurred on the Charitsble company operations, including support
costs are apportioned to ¢haritable activities.

FAMILY PHILANTHROPY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Accounting policies
(Continuedl
1.6 Fixed asset investments
Fixed asset investments are initially measured al transaction price excluding transaction costs, and are
subsequently measured al fair value al each reporting dale. Changes in fair value are recognised in nel
incomellexpendilurel for the year. Transaction costs are expensed as incurred.
1.7 Cash and cash equivalents
Cash and cash equivalenis include cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.8 Financial instnjments
The charity has elected to apply the provisions of Seclion 11 '8asic Financial Instruments, and Section 12
'Other Finanaal InstrLJments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charitls balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the nel amounts presented in the financial statements, when
there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on a nel
basis or lo realise the asset and settle the liability sirnultaneously.
Baslc flnanclal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured al
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
interest rnelhod unless the arrangement constitutes a financing transaction, where the transaction is
easured at the present value of the future receipts discounted al a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilitlgs
Basic financial liabilities, including creditors are initially recognised at transaction price. Financial liabilities
classified as payable within one year are not amortised.
Dergcognition of financial liabilitlgs
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
Critical accounting estimates and judgements
In the application of the ¢harity's a¢¢ounting policies, the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The eslimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
esb'mates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.

FAMILY PHILANTHROPY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Donatlons and 18gaclès
Unrestricted
funds
T¢)tal
2023
2022
Donations and gifts
11,5001
Investments
Unrestricted Unrestricted
funds
funds
2023
2022
Income from listed investments
31,961
34,524
Charitable activities
Funding of Funding of
activitiès
activitiès
2023
2022
Bank charges
Accountancy fees
Reallocation
1,987
3,480
{5,4671
1,341
5,620
16,9611
Funding of activities Isee note 61
Share of governance costs (see note 71
547,217
5,467
1 S3,750
6,961
552,684
160,711

FAMILY PHILANTHROPY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
Grants payablè
¢harity
a¢tivities
2023
charity
a¢livili8s
2022
Donations to institutions=
Education
Health
Arts
Global challenges
Other
20,000
10,000
22,750
95,000
6,QOO
17,000
52,650
477,567
547,217
153,750
Other grants payable in 2023 related to the transfer of shares and cash lo the Hayden Family Foundation, a
US based foundation for charitable purposes.
Support costs
Support Govemance
costs
costs
2023 Support costs Governance
costs
2022
Accountancy
Bank charges
3,480
1,987
3,480
1,987
5,620
1,341
5,620
1,341
5,467
5,467
6,961
6,961
Trustees
None of the Trustees lor any persons ¢onne¢ted with them) received any remuneration or benefits from the
charity during the year.
Employees
The average monthly number of erllployees during the year was..
2023
Numbèr
2022
Numbèr
There were no employees whose annual remuneration was more than £60,000.
10

FAMILY PHILANTHROPY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
10 Nèt galnslllossos} on Invostmènts
Unrestricted Unrestricted
funds
funds
2023
2022
Rev8lu81ion of investments
Gainlllossl on sale of investments
140,3661
6,675
62,043
133,6911
62,043
11 Other gains or105ses
Unrestrlcted Unrestricted
funds
funds
2023
2022
Foreign exchange lossesllgainsl
5,728
5,642
12 Fixed asset inve5trnents
Unlisted
Investments
Cost or valuation
Al 1 April 2022
Valuation changes
Disposals
578,787
140,3661
1538,4211
At 31 Mar¢h 2023
Carrying amount
Al 31 March 2023
Al 31 March 2022
578,787
13 Financial instruments
2023
2022
Carrying amount of financial assets
Instruments measured al fair value through profil or loss
578,787

FAMILY PHILANTHROPY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
14 Dabtors
2023
2022
Amounts falling due within one year-
Other debtors
1,500
15 Loans and overdrafts
2023
2022
Other loans
92,137
Payable within one year
92,137
16 Creditors- amounts falling due within one year
2023
2022
Borrowings
Accruals and deferred income
92,137
4,020
3,600
3,600
96,157
17 Analysis of net assets between funds
Unr&strict8d Unrastrictèd
funds
funds
2023
2022
Fund balan￿S at 31 March 2023 are represented by..
Investments
Current asse1511liabilitiesl
578,787
12,5481
14,597
14,597
576,239
18 Related party transactions
During the year the charitsble company took the decision to transfer its USA share and cash investment
holdings lo The Hayden Family Foundation, a USA charitable Foundation in which Susan Hayden is also a
director. The charitable foundation has the same charitable purpose of improving lives through charitable,
educational and scientific endeavours. The value of the investment and cash transferred was £477,56712022.'
12


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Tue, 5th Dec 2023 14:11:38 UTC Shona Claire Munday - Signer (496318ee86e7900e897a437ae113bb03) **Audit history log Date Action** Tue, 5th Dec 2023 14:11:39 UTC Shona Claire Munday viewed the envelope (51.142.102.51) Tue, 5th Dec 2023 14:11:38 UTC This envelope has been signed by all parties (51.142.102.51) Tue, 5th Dec 2023 14:11:38 UTC Shona Claire Munday signed the envelope (51.142.102.51) Tue, 5th Dec 2023 14:09:35 UTC Shona Claire Munday viewed the envelope (51.142.102.51) Tue, 5th Dec 2023 14:07:50 UTC Document emailed to Shona.Munday@gravita.com (18.130.245.17) Tue, 5th Dec 2023 14:07:50 UTC Sent the envelope to Shona Claire Munday (Shona.Munday@gravita.com) for signing (20.68.180.137) Tue, 5th Dec 2023 14:04:06 UTC Shona Claire Munday has been assigned to this envelope (20.68.180.137) Tue, 5th Dec 2023 14:03:48 UTC Document generated with fingerprint 972bdc3b96b1f0d457da2a7287a1f9d3 (20.68.180.137) Tue, 5th Dec 2023 14:03:45 UTC Document generated with fingerprint 8e416593da1c93b67cb95488fde3066e (20.68.180.137) Tue, 5th Dec 2023 14:03:30 UTC Envelope generated by Ilana Diamond (20.68.180.137)