RrLisrcRLLI CIIARITY NIIMIII,;11.. 1191313 Repoi of theTYiialeo foi, Ilit Y¢ii' EndLYI JI De¢*inbti' 2023 Th¢ Neweorc FoutLdAtItsM Obvieii & ViulncT AcLX)iiiiIAiit% & Bu%irt%5 Advlsy)r¥ I l N¥ Siieei NP44 IEE
The N¢wcoi* l%ouiidRtion Cont¢ntB of tlit Fln•iiel•l Sthtcments rov thc Year JGnd¢d 31 D¢comb¢r 1023 I1lAble¢ Sli¢tl Nnloi lo Ilto FlnHiIL'knI StAIEmtiTrtJ
The NewtoY¢ Founilitloii R¢port of the Ti'iisleei for tlie ye1. End¢d 31 DeceJnb¢r 2023 Th¢ Iriist¢es pr¢seiii Ih¢ir irport iwtli IIK f¢nwiciAI $thilnI.1 of Il diaTily for Ihe year end¢(131 ljeceniber 2023.'1'h2 Ir115te¢5 h4v¢ adopled Ilie pnivisions uf Aeco11nlin¥ ftiid liepoiiing by eiiarilic5- S't&tOiMeiii of RtcDiiiiheiidcd Pra¢iitt appli¢#ble 10 tliaiilies piepw'itl8 Ih¢ii' 1CoUn1$ in nco)rd&nc¢ wilh the f4inhtt¢ial RepDrIln SIBiiIIHLd upplic4>le tlie UK Kcpiiblic of. IIEIHiid IFRS 102) Icllaclivq l JRnuftry 20191- OIIJECI'IVbS AND ACI'JvrriES ObjcclivL' xlm 'lo Ad1,4¢¢ sudi )Rri1&blO pl1rpos {CordI1)E lo Imv nf &wland 8iid W41esl 8S th¥ I1$18 ¢ fit froni tiiii¢ to tini¢. I pthieiilllr bill nul liiiiile(I tu vlL11]C1Il5 of educR111. ndvlliiccnThIS nf healih, Ihc rolKf ofiliose in iievj and &LlVinceiifiIs or In plnnning our nctiviliey for Ihc ycar wc klpl Iii ijili Ihe Lhni'ity LolniiliioN'¥ 8iiidarK¢ oil p¥blic l1r11•1 oiir Ii'iisi¢e iii¢tlin¥x. ACIIIEvfM£NI- AND pERfoiiMANCr, lThe cliarity rcceived dDiIHltons of £102,402 duriiig11 yc•r niid iiiAdc yanis ro wv¢rnt¢¢n oiianlsAilon& thialllii¥ £92,750. INANC.IAI, RFVIFW Roloi'lTr pnllcy lli¢it i¥ Ih) pthli¢y in pl4tt. l'li# ¢[N¥e¥ Iii¢¢l re¥Lil¥uly rtiVi¢iV Ilw firiuii6il piisilivn vf Ihtt h¥rIlY Jrvi¢iY ¥¥bwrv¢¥. TI1¢ Ip¥21'v¢s hBIJ #l JI D(wnibBr 202.) lol&lled £38,331, all ofivhich nr¢ Iilirc51ri¢ied, oro conside¢od 10 lufficni 10 ineoi lh¢ STiiucfiiRF,, COVCtINANCI ANI) MANACEMLN'I, rrllV•I'niiiR dThcuni¢l nic cliDrily IYA5 iC8iStcird PA g CIQ on lfi Scpicinki. 21120 and is w11111 by its ¥o¥trniti8 ¢knuiittiii, * deed of In1tt thiid Reti11¢1 hd App•lAilern¢ nf btw Iriiieti R&fcRENCE AND ADP¥llNI.gTRATIVC DEI'AILS Pi'intlijxl ddi•i Eo41¢ Holis4 5th Mui¥li•ll Slr¢41 I,ondon WIF 911Q H W J LIGlY- Chuir N Sni'Wi¢l H J Sfivoiy K fenn.Siniih REIILRKNCLI AND ADMINISTRAI'IVL t)L-fhlLS IndcibtMd¢ni fxthmlntr O'Llri¢ii & l)niinci8 Aount111)Is & Hiiyincyy Advisur I l Nciv Sireei Po¢ilnciYydd cwmbri NP44 Irr, Ai)provcd by Dithr uf tho LKMrd of1111sliw on 21.Iu.2J2_ lid si8ned on il¥ lia1rbY-. N Siwkl)el.'f¥iis¢ee Pa¥e I
Independent Exarn(ner's Report to the Trustees of
Tbe Neweore Found8tlon
lo"dependtnt ex#ml#er'i rtptsrt lo the trustee5 of The Nev¢or¢ Found#don
I repori th iho d]aTily ttyjsiecs on my uamination of thc accovnts of The Newcor¢ Foundation Ilh¢ Chwityl for th¢ year ded
31 Dcc
The Neweor¢ Foundatio Slolemtnl of Vliianclil Aeilvities for Ibe Yeir Kllded 31 D¢e¢mbei' 2023 vlRr Illed 31 D¢ttiiibEr2023 31 DttorihT21122 I*¢omL' l)oiiaiions kwi Othrr ¢118- Cilft Akl ()¢hcr rc[PI1- InloTe¥l rnLxivvJ 102,402 64JC 27 I14.3} 64,3QJ pcnthtiii CliJrilfjbl¢ •tt(ivliie8 (92,750) 11,(K)01 (6U) I100,0) 19WI Indupcfftda cxan)iWs l)Ih (93.8101 IIiY),9811 20,49) 136,681) rArb)rdtsry hthn% N•t Ih fNdS 20,49 (16,6811 Phge 3
'rhe Neweore FoiiwilAtio BAIAne¢ Sheet A$ il 31 De¢emb¢i' 2023 Jl D•toMr202j 31 D•cenbEr2022 1,0 ikbtors 9.27S 30,056 020 9.1 Ctssli at Ll¥thk 39.331 17,841 Cui'NTht UAblllilri 12,0001 Nel CuiiY#( Aist T¢11 liANllilei Ne¢ kn¥•ii JBJ31 17M41 INnrE$irid t)Jndi 38,331 17,841 'I'vtl F¥Trd¥ 3¥JJl 17.1141 'rh¢ fin•117 SlAieieiii% werc pVyEd by Ihe Iloftl ofiiii¥ltt% Auihui'lsE(I for DI LKhyifby', i. ID.2Y alLd N Surkli¢l.'fni¥ie 'rh¥ iiotEs funi) prt of iliese fii)x1)cial slalciiieiits P4ge 4
The Foiiiidltion Notes to Ihe Tr'Inae11 SIAttM¢llt$ fol. the Ytgr Eii<led 31 Deeembtr 2023 ACC.ouwfiNG POI.ICILS The finaii¢lAI £iii¢ltIl of lh¢ ihurily. IvliiLII is D wiblic IKncfil cnlily lIn'i' fR8 102. liivL' hocn pirpAI'ed in dLLurJ¥nL¢ 10 cIIRrit% prcpuring thrir &Bwuiils lii aecoYdllnL'¥ willi dje Fiv4iicl¥l l<#poitlng SIHndJril #ppliLaiil¢ Iii IM, UK and Rei)ubli¢ of IKlan6 IFIIS 1021 lerrebii¥e l Jmiu4Ty 20191,, financial ficrIlLI& SiondJrd 102 fftIL' l.'inwii¢ial Rtpirling Slnndoi pplble in Ilie IIK and Rel)blic nl'lrclRnd' find Clillrilics A¢1 2Ql I, Th¢ fl114ne¢al $ii¢iiicni% hve bcM ppaI¢ isiidttr (lie All in¢orn¢ is ro¢o811is¢d ITh I1 S¢atemeiil ofFinlliicil ALtiVillLS OIWL. Ilie dithrity h115 cnliMEinElll lo I1 nindy. li is probAb Ililll I1 inconic will hc e£l¥Ed, 814d the Riiioiint con be nieiwr¢il r¢llbly. thggr4TrAie 411 ¢v¥i Itl&led 10 Ik LiieÉory. wh¢ costs cnn0( be dire¢ily ullribiilcd io rtI¢ll1&r hondin85 Ihoy lifvv¢ bc¢ii I1(¢d lo &cli¥ll4 on o bD5is 111¢1 ivilll Ilic iiso of r¢gnilY( Theeli&rily li exct]ipl fyoni il% ¢harilobl¢ a¢¢ivitl¢& Uiii%sirl¢id funda¢ be in accDrdoACC iviili Ilw clirilnblcobjoelivci nl Ihc discr¢tion rf Ili¢ Irwtc¢B. spe¢Ill by Ihe doiioi or i¥lle I18 oiE Tri%¢d fDI' ptsriiciilnr rosirlcied piiiposei. TRII8TTr:FY' iir,fvlllNLRATION AND IlLNfI'I's 'I'li¢K no Inisie•¢ iYmiiiitt8ilon Lli'oiher betniS foi, Ihe yearended 31 r)ettniber 2023. I'riiyl¢¢i' ¢spIJe T1 WC InistCC5'¢xpcnyes piiid foi. Ilie yeKr eiKkd 31 De¢eirbei' 20?.3. ,IOVFMENT IN FIIND4 N¢t Ai 31.12.23 AtOI.01.23 Genernl Ilind 20,490 'I'OI'AL I,-IINI)S Nei Inov<KKThl in fiiii¢ls. #i¢liideql in th¢ atrx)v¢ Drc follnw%'. IiicoinittE resolircc Restsu, Lxp¢nded MovtiM¢nl in flind5 114,3tJo 193,IllUI 'IO'IAL IPUNI)S 114.30(b Y3810) 20.490 l)a¥e 5
The Neivcoye FDun(lilion Noles lu Iljt Fiii*JLL'ixI stKInlI1- iuiitlniieil ror th¢ Yui. Iliid¢d 31 December 2023 IILLA'I'ED IbAR'I'Y D18CLOSURES Diirinz IIK )'¢iw durwlii)Mg 'r¢ rt¢¢lVEd fruin Mr H W J I,l¢ivelyii. Irivltee uf IIK Cliarity, Hiid Nciv¢oi'£ C'qpilal MonaA¢ineni LLP. #ii UrgnIAll011 lo ivliicli thc illi8ic¢s ir¢ ol%0 unnncrlcd.