REGISTERED COMPANY NUMBER: 11735722 (England and Wales) REGISTERED CHARITY NUMBER: 1189671 Whitemoor Davis Limited 5th Floor 111 Charterhouse Street, London, EC1M 6AW Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 for PETER MARLOW FOUNDATION
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Report ofthe Trustees 3-21 Independent Examiners Report 22 Statement of Financial Activities 23 Balance Sheet Notes to the Financial statements 25
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 The trustees who are also the directors of the charity for the purposes of the Companies Act 2006, present their financial statements of the charity for the Yeai Ended 31 December 2024. The trustees have adopted the piovisions of Accounting and Reporting by Charities.. Statement of RecotnTnended Practice applicable to charities pieparing their accounts in accordancewith the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l [anuary 20191. INCORPORATION The charitable company was incorporated on 19 December 2018 and gained charitable status on 27, May 2020. GENERAL NOTES Quarterly rneetings WLth trustees continued to help push forward the charity's objectives. Fiona Naylor continued as Chair of the Foundation and Robert Husband as PMF'S secretary. GOVERNING DOCUMENTS & POLICIES We have implemented the following policies Safeguarding, Equality, Volunteer and Privacy. We have applied for grant funding during 2024 and have successfully secured funds from.. Talent Accelerator {DLWPI Chalk aiff Trust Conde Nast Jaskirt Dhaliwali-Boora (Via Arts Council) University of the Creative Arts STRUCTURE, GOVERNANCE AND MANAGEMENT The Charity is controlled by its governing docutnent, a deed of trust, and constLtutes a limited COTnpany, limited by guarantee, as defined by the Companies Act 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registered Cornpany Nutnber.. 11735722 (England and Wales) Registered Charity Number.. 1189671 Registered Office Address.. 13 Britton Street, London, ECIM 5SX
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 TRUSTEES Fiona Naylor (appointed 19.12.2018, re-appointed 19.11.2021, term to be reviewed in 20251 Robert Husband (appointed 19.12.2018, re-appointed ig.11.2021, term to be reviewed in 20251 Torn Harvery (appointed 20.03.2020, re-appointed 19.03.20231 Max Naylor Marlow (appointed 20.02.2020, re-appointed 19.02.2023) Felix Naylor Marlow (appointed 22.02.2020, re-appointed 19.02.20231 Fiona Parker (appointed 20.03.2020, re-appointed 19.03 2023) OBJECTIVE To advance education in the arts, in particular the art of photography by the establishrnent and n]aintenance of a gallery, archive and library of photography, books and photographs, in particularbut not byway of Limitation, of theworks of Peter Marlow. AIMS To encourage newwork, new observers of society, new image makers and storytellers. To celebrate Peter's work and the photography of humanity, focuSLng on social realism. To bring school age children from different socio-economic and cultural backgrounds together through photography. 4. To improve visual literacymryth increased access to photographic practice, education, and employment for local cornmunities, particularly young people. In a time of Al, contribute to a greater understanding about the various roles that images play in society and how to critically engage with them. 5. To allowaccess to the Peter Marlow archive. 6. To provide access to the growing Peter Marlow Foundation library. AIM 1 OUTCOMES: ' THE ENGLISH CATHEDRAL, TOURING EXHIBITION The exhibition has been successfully hostedby 7 cathedrals this year, making that 23 of the 42 Anglican cathedrals to have hosted the exhibition so far.. Wells Cathedral.. 5 December120231- 14 January Manchester Cathedral.. 23 January- 11 March Rochester Cathedral.. 19 March - 7 April Peterborough Cathedral.. 14 May- 13 June Derby Cathedral-. 18 June- 14 July Exeter Cathedral.. 23 Iuly- 29 August Chester Cathedral.. 10 SepteTnbei- l October Cathedrals confLm]ed for 2025 - Chelmsford Cathedral, Truro Cathedral and Lichfield Cathedral. Interest expressed for 2025-26 fron].. Chichester, Leicester, Sheffield, Salisbury, Southwark
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 FUJIFILM EXERCISE & COMPETITION The FujifilTn exercise and competition continued and took place in all cathedrals running alongside the exhibition, and some lovely images were taken of the cathedral, exhibition and its visitors. 7Mqnners were chosen and 7 estate stamped fine prints were awarded to the cornpetLtion winners. Aselection of the instant images have been displayed on the PMF website and Instagram profile. 'TheEttSli£hCarhedrJl',ho>tbY WorctsrerCardra1. 2024. IVorc¢>t¢TaBillvBolron
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 PHOTOGRAPHY [_ Each exknbition has been photographed by Billy Bolton, our photographic partner, with the itnages again being shared across our website and social channels.
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 PR The Foundation continued to work with Sam Trenerry, a PR specialist, to ass1St with the press and promotion of each leg of the exhibition. Togetherwe worked closely with each cathedral teatn on an individual press release for each host cathedral, alongside additional promotional material such as website imagery and a bespoke board to be exhibited as part of the exhibition. Sam spoke to the regional press for each cathedral and secured coverage across multiple tides. Some examples below. Wells CathrA1 host"Pèt•r Marlovr.The English Cathedral" exhibition T)erb}' Inarks iiiid point of l)clcr Ilarlo. 'xliibiLic)ii THEthTIMFS | tit onlv by the dawn, trathedralseapturedby a Mw]um phoiographer Cathedral exhibition by legendary photo- grapher FeteriN)Tou8hQthedtal i5hD5hng alteEexhibitionbythelaleMaK- MaTl0wwa5odl1YmThS- siDnedbyRoyalMailiDphDtOKtaph cathÈérÈlÈtornaYkthÈ3ODth ah)nlv¢rsary0FthetoMpieQtto[$t Paul'$5ntthdvnln2QQS 'TheWlshQthedtal'¥ves¥tslt- DtEanopwrtunitytD3dm5reth tDa#CalwaytheledéryIen8. mancapturdthetimele55ma]e5ty p]ete,hDwwer,theTenoYdnEd o1eyeryknweih1nethofEng- snappEtlpltin5piredtocattyon.
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 SELLABLE ITEMS Where possible the Foundation provided items for sale within the cathedral shops. This included postcards of the host cathedr31 and a postcard pack of the cathedrals that have hosted so far. We also worked with Merrell Publishers to proiryde copies of the second edition book'The English Cathed1,. The percentage cut for the cathedL71 remained the same as in 2023, at 20Qh. Royalties received from the sales of the book will continue to be donated to the Foundation, alongside the sales of postcards and books from each cathedral. nni PLUTO II: PLANNING APPLICATION We have continued to encounter challenges with the planning application continuing into 2024. We have been workingwith our assigned planning officer and since Ivlay 2024 worked with a pLanning consultant to secuie a positive ie5ponse fiom Natural England. Sotne progress was made on defining the conseLvation effort expected of us during the developn]ent. Natural EtLgland continues to raise the issue of a small arnount of habitat being inipacted by the design.
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 AIM 2 OUTCOMES: YOUNG CREATIVES COLLECTIVE The Young Creatives Collectivewas formed in Bexhill, East Sussex as a Tnentoringproject for young people from asylum seeker, refugee and migrant backgrounds to explore their creatIty and achieve their creative education and career ambitions. This project is a collaboration between the young people, The De La Warr Pavilion, The Dltagnurn Photos Foundation, The Peter Marlow Foundation, The Refugee Buddy Project and The Mosaic Rooms. During this first phase of the project participants were offered a series of creative workshops and worked towards an open studio event showcasing the results of the workshops, their personal projects, a collaborative Tnural and public progratnTning as part of Refugeeweek celebrations in June 2023. The second phase of the project received funding frorn the University for the CreativeArts and the tea there behind the Fast Forward Putting Ourselves in the Picture projectwith Trolley Books and started in February 2024. The group travelled to the UCA Canterbury and Farnham campuses to meet with students and faculty, hear about the various courses that are available, participate in taster workshops and discuss the types of roles that these courses would prepare you for. We also provided mentoring and networking opportunities with industry professionals and UCA faculty and support the growing peer and professional network cleated around this project. The gioupwere also offeied piactical support on woiking in the creative industries, ranging from CV advice, InteeW techniques, working as a freelancer, tnarketing, applying for internships and fellowships and funding and grant writing. The young people continued their personal projects and collaboration working towards a newspaper publication and exhibition at the De La Warr for Refugee Week in June 2024. Youtvd Cieativeb ColleLtive at UCA Fainhatn for a workshop with Cami]Le Serisiei & Gideon Fisher Image credit.. Gideon Fisher
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 The Youngcreatives Collectives met theyoung Vic's Young Curators group as part of a youngpeople's programme exchangeat the De La Wair Pavillion. Itnage Credit.. Andrew Grainger. FRACTURED LANDSCAPES laskirt DhaliwaL Boora was successful in her Arts Council application to work with a nurnber of photographers around the country, to host online learning and knowledge Sharing sessions around her socially engaged photographic work with women who have experienced domestic violence. PMF will be paid some £3000 to support photographer Lynda Laird who was recently a resident artist at Derek Jannan's Prospett Cottage, to run a workshop with a local partner working with women, families and young people who have experienced dornestic violence. We are currendy in the planning phase for this project with Lynda Laird and Oasis, a domestic violence service provider. Workshops will start in JanuarylFebruary 2025 and will culminatemryth an exhibition of the workshop work and Jaskirt s personal work in May 2026 at the New Art Gallerywalsall and Open Eye Gallery in LiverpooL io
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 Acyanotype froln workshops ledby Lynda Laird and developed with women through Oasis, a domestic abuse charity, aspait of the Fiactuted Landscapes pioject conceived by laskirt Dhaliwal Boora li
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 MANOR PARK MEDIA Following on from the successful Manor Park Media project we worked Mryth our comrnunity-led partners to develop the next phase of this work in partnership with international publishing brand Conde Nast. The CondeFuture London pilot is a collaboration between comrnunity-led and mainstream arts and media organisations to create quality, relevant, creative education and ernployment opportunities with progression pathways for young people in marginalised communities. It focuses on developing more accessible and inclusive media and publishing industries by integrating an innovative careers pathway, working with Youth Workers on recruitment, mentoring and ongoing support. PMF made the shortlist for Foundation for Future London funding and was one of 40 projects being considered for 10-12 funded projects. If we are successful and receive the £20k (£30k total budget with Conde Nast's funding) we would start in April 2025 and run until the end of ottober, working with a core group of 20 young people (including the Manor Park Media group) and a wider cohort of 30 who would join lectures and events. We would workwith an expanded network ofyouth Workers across East London for them to better understand the roles available in the niedia and publishing, howto support young people into these roles and to help us recruitwithin their networks. The core group of 20 Mryllwork with Conde Nast staff on a East London based version of Vogue, Conde Nast Traveller, Vanity Fair, the New Yorker etc and learn about rhe various roles within these publications. We will host a public exhibition and programming to showcase their work and the issues we are seeking to address through the work. MAKING YOUTH WORK VISIBLE This project is a creative collaboration between the youth organisations that PMF worked with on the Ivtanor Park Media project- United for Change consortiutn, SEEIt Working TSt, Taking Shape Association, Peter Marlow Foundation and the students and staff of the London College of Conitnunication. This project was born out of a recognition that there is a lack of public awareness about the important and challengingwork youth workers do in our comn]unities in London. Our project has a special focus on Newhan]where our organisations work to support youngpeople to achieve their full potentiaL Students exhibited their work on May 27th in Bethnal Green at Acrylicize. The Youth Workers are planning another exhibition of the work in Newham lin a gallery but also pop ups of the work in local spaces) with a series of talks about their work induding our work together on Manor Park Media. 12
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 A group photograph ol London Collegeol CoTnrnunication photojournalism students and the United lorchange consortium ofyouth workers from the London borough of Newham, as part ofthe'making Youth Work VisibLe" coILaboration. Itnage ciedit.. Shannon Ghannat 13
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 Kevin Stuart, CEO and Founderof Taking Shape AsboLiation fiotn the"Making Youth Woikwisible" seiies Lieatedby London College ofcomrnunieation photojournalism students. Inge credit.. Hassan Alhussain Opening night of the "Makingyouthwork Visible" exhibition a5 created by London College of Corntnllnicatio photojournalism students. Image crediL. Hassan Alhussain 14
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 SCHOOLS PROGRAMME: In 2024 PIIqF continued to develop partnerships around progratntning for school aged children. These projects are currendy still at the fundraising stage.. PMF is partnering with Photoworks to deliver a high-quality programrne of artist-led, arts-based leaming opportunities for young people in formal education settings. The programme targets schools in levelling up for cultural places (geographical areas with historic low cultural engagement) and responds directly to the needs of teachers and students in each setting. Together, we will develop and test partnership working as a way of delivering quality photography engagetnent opportunities Wlthlfor schools at a national level, specifically testing new approaches to blended (face to faceldigitall learning in order to retain quality of experience for pupils. 2. PMF is partnering with Photoworks, photographer and Kingston University lecturer Nana Varveropoulou and the LIFE Centre at Hornewood School in Tenterden, Keni to collaborate on an innovative pilot education project. The project gives the opportunity for partners to use their various skills and experiences to explore and research the use of photographic storytelling as a tool of intervention to support young people in formal education at risk of exclusion. pAvtF met a local teacher at Greatstones Pritnary School who is hoping to create ayouth Club in a disused standalone school building. PMF is keen to build niore local relationships locally to Dungeness and is seeking funding to run a pilot project using photography with the group of young people who use the Youth aub. This partnershipwould also support other fundraising efforts to develop the Youth Club.. 15
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 UNIVERSITY PARTNERSHIPS Our university partnerships are progressing well, evidencedby the Making Youth Workvisible collaboration above and a new project we are developing with the University of the Creative Arts follomryng their support of the Young Creatives Collective. We identified that we should find a university partner on the digitisation of the library and archive. We spoke to our project partners and funder at UCAand subTnitted a 8.5k application for a Knowledge Exchange grant, where UCAwould fund a PHD student to workwith us. The PHD student would work with PMF, UCA and external interviewees to compile best practice on physical and digital photographic archiving and library practices. They would also look at the future roles needed to maintain and actLvate the PMF archive and together we would design a trainee progran]me with UCA grads and NEET (Not In Employment or Training) young people in mind that would deliver a programrne of work lan ernerging repeating Model across our projects bringing together university students and young people who have experienced barriers to engagement). PHOTOGRAPHER SUPPORT PROGRAMME: In 2024 we continued to develop our thinking about howwe support emerging and established photographers and howthose relationships Support our mission. These include artist residencies in Dungeness that allow us to support photographers to explore Peter's archive, develop new work and share their talents and expertise with our community. Photographer Chloe Dewe Mathews was our first resident in lune 2024. ¢hloedewemathows I'm ¢omirtO t•th• •niJ of &rti¢t f#id¢rt¢y •t thty @pètÈr_rtlarlow_fouhdatitsn irt n8ho$$. Th• buildirts I bo•n Ètaying in call•d Exp•rimontal gtation, whieh waÈ e• us•d to togt 109 hNns ard optieal tyst•ms for lighthous•s all ovortho country Now it's surroundod by wild flowors4nd vp.r &x)kp(I hythp dpr.nmmissinnpd pnwprqtatinn fp.rtilp @nvironment for somÈ'gp3cè ar tlm@' a¥w. rèflÈctln¢ on recent woiecls and develoDing nevé ideas. tt's a godsend really and I've been savouring every minute. Thank you $0 much to Fiona Naylor for sharing wr exquiwte $P8¢e and supportin9 pfthographers in Potw'$ memory. Thank you also to @shannonghannam for woposing and then organising thB re5Klency lancl for all thB ftuitfvl convEf5atK)t y've had in between). 11 s goiw lo bevery hard lo leave.. I QF 3& Liked by_lyndala¥d and 69Sother6 a comment... Post Instagram post by Chloe Dewe Mathews during her residencyat the Peter Marlow Foundation in Dungeness, Kent. 28]une, 2024. We also developed a commercial offering of a creative retreat for emerging and professional photographers and will trial the first one in February 2025. 16
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 A group of 12 photography based practitioners will have the opportunity to work together with their peers, alongside EtnTna Bowekett (Director of PhotOgPhy, Curator and Educator), Kalpesh Lathigra (Photographer and Educator) and Shannon Ghannatn (Director of Developtnent and Programtning, PMF}. We will also bejoined by Lynda Laird (Photographer, Picture Editor and Educator) whowill share her experience ofa recent Derek Jarn]an residency at Prospect Cottage and how the natural landscape of Dungeness informs and inspires her work. This unique experience, spread across 4 days, would suit photographers at varying stages of their careers and would be particularly useful for those facing some of these common challenges as a creative. How to approach projects and research How to edit and sequence long term projects How to pitch and promote your work How to navigate the financial realities of being a freelance photographer How to reignite passion for your work Applicants will be asked to share their creative challenges and ambitions for the retreat when applying and we will tailor our sessions to best address these for the group. Whilst this is a retreat focused on photographers we also recognise the tnany iniportant roles across photography and welcon]e applications froni anyone who is working across photographic practice (picture editors, curators, educators, researchers) and who think they would benefit from this experience. tar1rfndt7n CREATIVE RETREAT with Emma Bowkett IDlrqal0rPhtvgrWphY.Q1QrWE1YQ) Kalpesh Lathigra [Phrfo8Tw¥É1U¢th1tr1j Shannon Ghannam ID1rqolorofD4vMnt&pEr&rnmInPIF1 Lynda Laird (PholVaPhr.[1tiVr0EdI1nd£du1i1¢il peter_mèrlow_Ioundationwe4re to8nrthn¢e owlirst creativB r8tr8at inth8 beautiful surl0undK$f Qui hom9 In Ouro9n955. Kent. Agroupof 12 pknt0yrartybasedpract1tnrsWIlhIYth OPPDrtunitytowork togethErwiththpirpEers. alOngse @em5_bOWketI (Director Df PhDtDgr4phy, Cur4tar4nd Edu¢a¢tyl. @Wpeshlèlhiyra (lgrapher3nd Edv¢atoil and shannonghannaffl (Diiecwrof DelOpt4lld Programmire. PklFI W&¥11 atsob8irined by Q_lyndalaird IPhotogr¥her. Pictu Editorand Educatoil whowill sharÈ her eyr1èr?ofJ recent OqrekJ4tm&n r@senCY at Praspect CDtt4ge and hDWthB natur41 landscaOf DunY8Mssinfoims inspires herwork. T13V1QllE ExpprietKe. spre4dBcross4 days. ll1d sult PnDTugraphet5 atVaWllg5IaBE5gfthelrrareEf5anUwuulU DE FEBRUARY 7-10, 2025 DUNGENESS, KENT PETER MARLOW FOUNDATION C)QF Llkedtyda¥ldtshahwhoto and 186otherJ Adda¢0mr(rt.. Post Instagram post promoting our first Creative Retreat at the Peter Ivtarlow Foundation in Dungeness, Kent. 17
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 RESEARCH: Led by Shannon Ghannam, PMF is exploring the role our work can play in a nurnber of interdisciplinary research and related policy discussions. Some examples of this include being a part of "Creative Health" networks (the use of creative artivities and approaches to improve health and wellbeing, and prevent illness) led by the Kent County Council and the East Sussex County Council. Another exan]ple is the use of the Manor Park fvledia project at a Mayor of Londonviolence Reduction Unit event about the role youth work land in our case creative youth work) can play in tackling Knife Crime and gang violence. Tn 2024 PMF continued to build relationships with Universities and independent researchers across these and other themes related to our work. AIM 3 OUTCOMES: WEBSITE & INSTAGRAM We continued to post on our Instagiam profile at least three times per week with a variety of content froTn Peter's archive, dOcUenting the various stages of The English Cathedral exhibition as it tnoved around England and our latest progranin]ing. At the end of 2024 the Foundation's Instagrarn profile had approxin]ately 27, 000 followers. The Foundation website has been kept up to date, with newjournal posts being added frequently to ensure regular content is available for our audience. The second stage of the website, enabling online sales, has been mapped out in 2024 with the aim to launch in 2025.
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 MAGNUM SQUARE PRINT SALES The Magnum Square Print Sale is a bi-annual, week-long tirned sale of 6x6" prints, signed by Magnum photographers and estates, as well as any invited guests or partner organisations. Over 70 photographs are selected from the Magnum archive for each sale. All proceeds from the sales of Peter Marlow Prints are donated to the Peter Marlow Foundation. 2 square print sales took place in 2024, the first in April and the second in October. The first print sale of the year was a collaboration between Magnum Photos and Granta magazine, it featured available 85 images on sale for one week only. Exploring the theme Fable, the sale celebrated the symbiosis between visual and written narratives through a collaboration with threelter$, who have composed stories and poetry inspired by a selection of images from the sale. DATE.. April 2024 THEME.. Fable SOLD.. 38 CAPTION.. 'Sheep in thevillage of Blaenau Ffestiniog, Wales, who walk the lIage streets during winter as the tarmac is warmer than the surrounding fields and hills., TEXT.. 'Aesop's Fables.. The Town Mouse and the Countiy Mouse HoTne is a place of peace and safety." The second square print sale of the yearwas a collaboration between magnurn photos and The Photo Society, a collective of over 200 National Geographic photographers. 40 photographers from the collective submitted images. The theme for this sale was'Eden' celebrating and appreciating the beauty of our planet and all that contributes to our diverse world, while also reflecting on the degradation and change that is happeningat a rapid pace. DATE.. October 2024 THEME.. Eden SOLD.. 25 CAPTION.. A family holiday in Zakynthos, Greece. Peter's partner Fiona and their children Max, Felix and Theo. 2008., 19
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 AIM 4 OUTCOMES: THE MAGNUM TOKYO LIBRARY At the start of the year, we shared legal documents with the shipping company's Tokyo agent and awaited transDOtt confiLThation. We then secured an agreement with Japanese solicitors to act as exporter, and Magnum signed the necessary documents. PDP Freight Services coordinated with the Tokyo exportei to aange container shipment to the UK. Additional paperwork, including a book valuation for invoicing, was sent to the solicitors, who now have everything needed to begin the export process planned for 2025. 22.11.2022 MAQNUII TOIIYO LI8RARY PETER MARLOW FOUNDATION PETER MARLOW FOUNDATION PETER MARLOW FOUNDATION 20
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 FUTURE PLANS The charity is led by a stable and mutually cornmitted Board of Trustees who bring a range of talents. Torn Harvey, Fiona Parker, Felix Naylor Marlow and Max Naylor Marlow were re-appointed in 2023 and had their terms extended for another 3 years. The terms of Fiona Naylor and Robert Husband were reviewed in 2024. We will continue searching for potential new Ttustees to diveisify our govetnance, add expertise, in particular areas such as education and programtning, and develop our networks. We would look to establish a cotnn]unity advisory board, with n]embers fron] the comtnunity, local cultural organisations with participation from Kent County Council. The educational Mission is continued to be developed through the programrne which we will continue to work to gain external funding to bring these into fruition. Despite the building yet to have been built, the Foundation will work to successfully establish itself within the Kent CotnTnunity, particularlywith Kent based educational institutions. We will continue to engage with the plannerswith the intention of the buildingbeing granted planning pertnission in 2024 $0 work can comn]ence. We will continue to resolve the roadblocks to successfully see Magnum Tokyo Library transported to the UK, where it will be held in storage until the building is ready. REFERENCE AND ADMINISTRATIVE DETAILS Independent Accountants Whitemoor Davis Limited 5th Floor 111 Charterhouse Street London ECIM 6AW Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 3111012024 and signed on the board's behalf by. Fiona Naylor F Naylor (TRUSTEEICHAIR) 21
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notos Incomln resources from Donations and legacies Investment incorne enorated funds 34,854 1,288 22,378 20 36,142 22,398 4,697 Incoming sOUrceS from charitable 8th"vities Other incomirvJ resour(xs 1fj Total Incomlng r•soure•s 36,158 27,095 Ro$our¢o$ ox ndod Charitable activities Charitable activities 74,291 35,876 Governance costs 6.586 5.760 Total resources •xpendod 80,877 41,636 Net expendlturg for the yoarl Not movement In funds 144,7191 114,5411 Fund balances at 1 January 2024 106,231 120,772 Fund balancos at 31 Dgcgmber 2024 61,512 106,231 The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. 23
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notes Current a$t9 Cash at bank and in hand Credltors.. amounts falllng due wlthln on• yoar 66.380 107,056 14,068} 18251 Total assots l•ss eurr•nt Ilabllltl•8 61,512 106,231 Income fund¥ Re5thcted lunds 3,675 Uniestricted funds 61,512 102,556 61.512 106,231 The con]pany is entLtled to the exemption froTn the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2024. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these accounts. The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and o( its incoming resources and application of resources, including its incoTne and expenditure, for the financial year in accordancewith the requirements of sections 394 and 395 and which othermse complymqth the requiretnents of the CoTnpanies Act 2006 relating to accounts, so far as appb"cable to the company. These accounts have been prepared in accordance with the special provisions relating to sn]all companies within Part 15 of the Cornpanies Act 2006. The accounts were approved by the Board on 3010912025 Robert Husband Trustee Company Reglstratlon No. 11735722 24
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies Basis of preparation The accounts have been prepared under the historical cost convention. The accounts have been ptepared in accordance with applicable accounting standards, the Statenient of Recornmended Practice, 'Accounting and Reportingby Charities" issued in March 2005 and the Cornpanies Act 2006. Donations and legacies 21)24 2023 Donations and gifts 34,854 22,378 Investment income 2024 2023 Interest receivable 1,288 20 Other incoming resources 2024 2023 Other income 16 Total resources expended 2024 2023 Charltable aetlvitles Activities undertaken directly 74,291 35,876 Governance costs 6,586 5,760 80,877 41,636 25
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees None of the tLstee$ lor any persons connected with them) received any iemuneiation during the year. Employees There were no employees during the year. Creditors: amounts falling due within one year 2024 2023 Trade creditors Other creditors 4,866 825 4,868 825 PETER MARLOW FOUNDATION 26
REPORT OF THE TRUSTEES FOR YEAR ENDED 31 DECEMBER 2e24 INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF PETER MARLOW FOUNDATION I report on the accounts of the charity for the year ended 31 December 2024. Respective responsibilities of trustees and examiner The tiustees, who are also the directors of Petei Mallow Foundation for the purposes of cotnpany law, are responsible for the preparation of the accounts. The tStee5 consider that an audit is not required for this year under section 14412) of the Charities Act 2011, the 20ll Act, and that an independent exarnination is needed. Having satisfied myself that the charity is not subject to audit under company lawand is eligible for independent examination, it is my responsibility to.. lil examine the accounts under section 145 of the 2011 Act., lill to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(511bl of the 2011 Act., and (ill) to statewhether particular tnatters have come to tny attention. Basis of independent examiner's report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undettaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a'true and fair Iqew, and the report is limited to those tnatters set out in the statetnent below. Independent examiner's statement In connection with my examination, no rnatter has come to my attention.. lal which gives me reasonable cause to believe that in any material respect the requirernents.. (il to keep accounting records in accordance with section 386 of the Companies Act 2006., and (ill to prepare accounts which accord with the accounting records, complywith the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities., have not been met,. or (bl to which, in n]y opinion, attention should be drawn in order to enable a proper understanding of the accounts tobe reached. Roy Davis Zome Accountants Limited Chartered Certtfied Accounlanls 5th Floor 111 Chanerhouse Street London EC1 M 6AW Dated.. 301.0912025 22