Charityregithtionffjumbw. 1189045 The Richard Porter Family Foundation (A¢ompary limited by 8yrnl¢o) Annua] Roport￿dFinSll￿l Sta¢em¢nts fortheYeArEnded 31 Dee*mber2023 Wesdake aarkA￿LIF 7 Lynwood Court Pri¢sil8Mth Plie LymiD8kn HAmpshi S0419QA Th¢Rkhard Port¢r F#mlly Fouwla¢ion Contents Slxlt 7&)12 The Riehard Porter Family Fouudatlon Refer¢n¢¢ Ind AdmhLthtlv¢ Dethlb RMPthtsr DMRA RMPthl Pthdp41 Ollk• 10 BH23 IBZ 16 ￿t¢￿sAY￿￿e BH23 IBZ 12021533 w¢s¢l8k¢c￿A￿i1 U 7LYnlK￿ Cmt Pffiestl4nd5PIK4 Lymin $0419GA Th¢ Rl¢haTd Porter F8mlly Foundatlon Trns¢w' Report The tnsttts pre¥eni the attn￿1 r¢wt llnon¢iil slaten￿ts of the chorlty for tho yetr •tthd 31 De¢¢rnber 2023. Th¢ finth¢knl 8tAtMi¢nts bEM prepArtd In oc¢Ordats￿ wlth tho ac¢ountlDU pollcl¢s $¢¢ oyl kn note i to th A¢counts ind wnply ivith the ¢hHrity'l constltutlon. ihe Chariltes A¢t 2011 llnd Ac¢oulllin8 alld ReportlThB by QhDtl¢￿. Sts*ttLenl of Re¢omMeKded Pr4¢tio applicwbl¢ to ¢hwl¢ks pr¢pgrin8 thELr a¢counls In 8c¢ordance wlth the Fitt￿¢1•1 ReportiDB Stsnderd applk•bl¢ in the UK •pd Republlc of (FRS 102) (eff¢¢tlv¢ l January 2019). ObJectfvH andAttlvk The in￿te￿ ¢onnrm tha¢ haveeomplled wlih th¢ Y¢quir¢m¢nts of3¢￿0￿ 17of th¢ TharitlesAd2011 to hAve thi¢ r¢8RTd ts Ili¢ public ben¢fit 8uidBnce publishcd by the Charlty Commbsion forEngliThd andW8ks. FlnaDelal ObJ&A￿s￿￿dP￿lldel The¢hAr1￿$8¢t1VltleS e%pos¢ li nwnberof financial rlsks includlnl ¢wJlt d*. cash tlow r19k¥t￿ Ilquldlty rl8k. Thp use of fin•n¢tsl d￿1¥&￿V¢S ts 8ov•rnod by th¢ ¢harity'$ pollcle$ approved by th¢ L¥>ird of kn131¢￿ ivhl¢li provlde wrfiten piin¢iples on thu us¢ of finartdal derlvilives ￿ min0￿ rlsks. Thq ¢h•rlty do¢s nol 111¢ dorivatsve fiLIA¢hl uistvuments for5p¢¢ulailv¢ purpJMI. RrfsdrvuPol Tht chftrfty requlrnb ￿ I￿ld * te•st£J,000 In r¢BprveB to cov¢rthe CWAtloRIl ¢oJtsofthe buslnejj for ￿ l¢•sl A monih perlod. The¢h&rlty rejtrvey unonly be 8pent ivlien tILt TruJte¢J clew thw¢ are Snmo itreami frJrnc&u to ¢ov¢r And Tfjpl￿ th¢¥¢ Thi9 pollcyls reviewed on bMIs. Rdit4d PArtIu Durini th¢ ye•r Ihere i•Krn no r•lAt¢d porty Iw$&ciEoDs. Dlsclo$ure ofinfomAtlon to the examlner Fach trus¢e¢ hu lik￿ at41s thAt they oumht to have tsk¢n v a INstM in order kn Tnake them￿¥¢9 ofany r¢1¢￿ttl infonnjlion and lo establith Ilial the Ind¢pend¢nl ¢xan)intr is iw&r¢ of Ihal Infornmllott. The Ir￿1¢¢5 that there Is ttor¢levAn¢ Inforn￿10ti th#1 th¢y know of ond of whic]i ihey kth)w I1￿ oxeinln¢r i¥ tyJrt ￿ProVed by th¢ tswst¢es of th¢ch￿lty ¢m..... ...... ....... 4nd ¥i8nedon tts behalf ty. R M PoT¢¢r Ch1Srm#th*nd lrni¢ee The Rlehard Porter Family Foundation StAtem¢nt of Tnts¢¢eg' Responslbllities The¢hw5tyfrkw¥e reAp)nu￿]efOrp[ePar1￿8 the truste¢lreportAnd thefitwc"i￿stafcrn¢nts ill ￿rdance with the United Kittgdom A¢cowrtkng Stwthrds (United Kin8dom Geu¢rally Artw A¢eaiJntihg Prncti¢e) #Tld applirAble law and r¢8uja¢a￿S. The laiv4pplicabl¢ to inEn8lattd and Wales require5 the knSlee5 ￿ prtpfjro sthi¢m¢nts for ¢a¢h nanc1￿ year. The ￿$t¢¢9 mustnot opprov¢ Ihe finAnci81 stAtements unlttglhty are satisfied that th¢y give 8 tn 4ndf4irvi•vof1he￿aleolI[fd5rS0fil￿t ch8tityattdofits i0¢rrfnin8R5our￿4nd BprAI￿l￿tiOrr¢sQUr¢gs, includinB its In￿m¢ #nd expthditlJTe, for Ihit period. Jn wepariDg these finall¢ial statemenK the In￿teeS 8re Trqyiffd tth. sele¢t suitsble occounling poli¢i¢s and apply consist￿ty, ob5eEve Ihemeihods andprllwÉples in the Charilies SORP, make jtyonts and esiimat¢s th•t#r¢rnsoDpbleandpth¢ ¥tatE ￿￿ther applicable UK AcCo￿tEllg Stsnd8tds hove be¢n follo￿*d, Sllb￿ to w materld departy disdosed and ¢xploiTr¢d in the fuLBtt¢ial stllementi: Ind prep*r¢ the fin8rKial 51alemen$ on the golnE conc¢m basls unless it Is Inappropri* to pre¥ume that t dMrftabl¢ ¢ompw willcontlnue In bustnts& The In￿tte3 ate responsible for k¢¢pin8 adequak accourtting rem￿$ #re suffi¢ioDt to show And ¢xplaiD th¢ harity's lTATh5a¢ti0￿ disclose with rea50n•ble atturacy at 8ny time tkn finandal posltion orth¢ charity and enoble thtm to ertsure thAf the finall¢tal stst¢m¢nts o)mply wlih ih¢ Charfttu A¢1 2011, th¢ Chwity (AwouThl$ 4nd Reports) R¢gula¢ion$ 2008 atknl tho ptOViSiOD8 of the charityb ￿nstitutIo￿. They tre ￿90 r¢4>ollsibl¢ for safeguaTdinBth¢wetsofth¢ ch•rlry andhencefortakit)gre&sonablesteps frjr th¢pr8velltion AnddetKtion of fr4ud andother iTTegultrities. Thetr¢tst¢es ar¢ reSpo￿lble for Ihe miintentsrtce and integrity of theelwltyattdthe fmn¢ial inform￿10￿ inoluded on the ehwity's website in 4¢wrd4D¢¢ with 1¢8i51ativn in the Unikd KinBdom gDvemln8 tkn pr¢pgNion dissemination of financial s¢al¢ments. Approval by the tn&ees of ¢he ¢hw?tyon.. d sign¢donits i*half by, M Porter ch11nn8￿ •ndtrustee Page 3 The Rkhard Portey F8mlty Foundatlon Indtptndent Ex4nbln¢Ws Rtport to Ihe Members ofThe Rlch*rd Porter F¥mlly Found#ilon I r¢portwtrK Iwsteeson my¢xamln*l¢m ofthe Ilnkn¢1￿ ￿1￿m¢n￿oI The Rklwd POrt¢rFmilyP¢￿0d10￿(cJ0) ror th• yw endod 31 DO￿thI2023. Ilespo•slbllltlu atsd bmli ofr¢pott As ihe ¢huily'S IIiiii¢wi you are réJp0n￿b1• for th• pMpaT￿lDrt of tlhi IlnJMlal SlAf¢bneThis a¢¢W4￿ with the r¢qyhrm¢Dts of ihE ththttesA¢t 2011 I"Ih¢ 2011 A¢1° Ir*pcrtlni¢gpeclofmy ¢xamtnalionof thech*rlty'i finuKiil *al¢ll￿lIA¢@I￿rOQ￿ undersedlDn 145oftheCh#llles Aa 2011 (Ih¢2011 A¢i). In ¢•nykn8OUi my 6KamiD•tion I hwve folloThYd •ll tho W]{￿blo Di￿￿0￿ llvcn by Ch•Tbty CaDimlg5ion uftd¢r#¢lloft 14J(5Xb)of the2011 Aot. I hve ¢ompl¢*d my UknLthHilon. l ¢onnnn th* no m*tien hove my ui eoJttK¢tton with th¢ mlM•¢loD 8lvlD4 tlle ¢ause to be1k￿ Ihlt In Any ￿￿1¢r581 r¢Jp¢cl'. l. a¢ Ra8ul￿10M 2001 rAlier th#ll w reqwlrnffli lh￿ the A¢COURII 8lve• and fiirvieiv wlikh 1$ not A mAll¢rwMid¢rtd u pNIor￿ ITthp¢Ml¢nl ¢xnminBtlon. I hft￿ th) wn¢orn5 and hAve c4Jffl• woss no oih¢T m•rf¢n In ¢onTre¢lkn wlth ts ¢x8rni¢j￿iOn KI whkh ￿lE1￿1￿ )uld bedrnwn In ￿15* Yryort In or(lir10 ¢￿￿1¥ • k4Y)p¢r ¥nderstind5118 of Ihe fin￿¢1#1 $ta¢¢nKThfJ to h¢ YEo¢h¢d. mo8on*n4¢D PilltyCh¢lvAMi8vm FCCA We￿1&ke Cl1￿ Audii LLP Chartertd A¢countAn ?LynwoodCowi Prl¢ylonds Plw¢* Lymkn8¢M H￿PIll11¢ S04190A e4 The Richard Porttr Famlty Founda¢lon Statement of finax¢i*l Activities for the Year Endql 31 Deeember2023 17nclMdlng IN￿MI 4nd Expejditore Acwinl and Stst¢m¢llt ofTotal RwLqed Galns And L(wes) Nole 2023 eowe frora: 587 25231 587 25.231 In*5tment iwome Total Irmme ExpeBthIMr¢ o (26J79) 47 126579) 47 Oth¢r¢xpthllwre Total cJp¢nditt Net ltt¢ottKKexpndityrn) 32 32 (714) {714) R¢conelll•tlonof r Tothl ly0￿1 fomArd Tothl futsts ￿r1edrO￿* 191996 82 1198 16 UArestrlded Total 2022 llleom¢ eDdowmeThts ffom: D)rt&ioM le8&les IM50.000 5.467 5.467 TothT 67 Elpepdlt￿Y¢ oll: awiiabk ¥tivities (i Joo) 459 {1500) 439 959 53 I￿53￿08 11153 JOI R¢contill*tloll•rrund% Totsl fijnds ly0￿ fonwd Totsj fthmls cIrri￿1 fonvxd 14SA88 1198996 145.488 16 All ofth¢ChaT1￿s a¢tivitiu thri￿ th¢•btyt two Th¢ fimds breakdow 2023 ts SI￿1vn in 16. The Rkhard Porter Famity FoundAtioD B*l•ll¢e Shtel a$ 4t31 December2023 Note 2023 2022 Flx¢d ayiets 13 659,907 659907 Curr¢nt wiets C&8h at athl ill]￿nd 14 539515 540589 Cr¢dilorB: Amounts hlllDK due wltblll olleyear Netcwrent 15 538 539 Netwset8 82 1198996 Fwmls of tbecbwrity: UDrestrl¢led ixome fondl Unresliicled fun 1,198 I 198 282 ￿96 1.198 282 ￿96 Totsl 16 The finfin¢ial Blat¢ment$ott pag¢$ 5 to J2 ￿ Jpproved by the truste4 and WthOri￿ for18sue on....... . . signed on th8irbehAlf by., Port¢r awlrniAll ￿den Th¢ nth% on p#8es 7t0 12 fomi an inlegtalpanofthese finBn¢ial stht¢m¢ P88¢ 6 The Rl¢hYdrd Portor Famlly FoundAtAon Note8 to th¢ Mn#ncknl Statement& for th¢ Year Ended 31 December 2023 aJ4rlty&iat Legal status of ¢h• chaTIty Th¢organlsitioAtsa¢harftablo IncQry￿￿j ¢yganlMtion(ao)rg8lst•rEd¥odMrltywlth IheChthtyCommtssloA ¢)n 14 April 2020 (Chbrlty no. 1189045>. Each of thts tntsiM5 is Ilablv to ¢0rtirlbU￿ ￿ aThwunt not &¥ceed5ng£NII ttswards th¢ 45¢tsVfi￿ In ihe ev¢nt of liquidotlon. Th¢addT¢SS of its re8isl¢r¢d offtco i& 16 QlleensAvertQ8 Dott BH23 IBZ 2 AcfollntlThgpolkl Summiry of 8lgnlllcan¢ 4t￿￿￿11￿1 pollelu k•y •eeountlnguilTh4t The prtn¢lyl ¥countin8 Fvli¢ies opplled ID th¢ proporatlon ofthuo f￿￿¢011 sthtemrnts aro xl Out below. ThM¢ polkle$ b&v8 been ¢onshtenily applled to all thoywspr•wt•d. VA1•51 od*rwlx 811l¢d. stntement •f¢mpllAne* The finattelAI sMiwn¢nts have b¢¢n prepu¢d In Kg)thn¢e w(th' Ac¢ouniin8 thd Reportln8 by Chvliiu: Slatlment of Recommended Pro¢tio¢ &ppll¢#bl¢ to chRflii¢s pryrln8 Ihelr Accounts In ocMrdan¢¢ wlth lh¢ FlnanoSal BAportin8 St•ndard Applk&ble In th¢ UK aTLd RtPllbli¢ of Ir¢l&ttd(FRS 102) (eff*¢tlv¢ l Janwary 2019)- (Chdtle5 SORP(FRS 102)R¢vl%d). th¢FirMn¢lal R¢mln8Stwthrd ￿p1kAble InthoUKwndRepubli¢oflreland IFRS 102). also ¢omply ivith the Chlrliiw A¢t 2011. The ch*lty hu thk¢n adv* of the provliloni In lh• SORP for not w wepr• a Stthn¢nt ofcuh Floivs. Bask ofprepArAilon The Ri¢hATd Port¢r F4mlly Foimdltlon Is A charftable IncoYpornt¢d or81th4tton Icto) reglstored wi¢h Ch¥FIty Commls51on. Th¢ addnss of It5 r¢8l$tered Is 8iven in the charfty inforniatlon OD l of lh¢￿ flnlncial shi¢m¢nls. Tlw niwT• of tho ChArilysoper8tlonsand prlnclpal gcliviilel are 8lven pa8e 2. The ChJrlty rnea￿ the defmitlon of 8 publ1¢ boneflt en(lty iind¢r FRS 102. Assets Hnd Ilab1111195 4re inltlllly r¢wi8ed at hIs￿rE￿I ¢ost or Iransa¢tion value unlo$5 oihenYi$e sthied in the relov•nl *1))thikli118 policy notej. The fina￿1￿1 ststem￿ts ¢ontsln InfomwtioD Nboui The Rlth•rdPort¢rF•mlly Founda￿On •8 1nd1v1d￿1oh￿Ity only. Th¢ fJwn¢hl statements ar¢ pr•s¢nt¢d In Pmwd ￿erlIn& whl¢h 1$ th¢ fin¢¢1￿11 ¢urrnrKy of th¢ Chqrlty and unded kn th¢ne•rest £1, The tru*