2024-12-31-accounts

Foundation Chofily Mwkner.. 1191357 TRVSTEES. REPORT& ACCOUNTS for th•yoartnded 31 DeC•m￿r 2D24

THE CLARKSON FOUNDAMON CONTENTS PAGEISI Charli y Infomalion T￿less, Fitycrta Statement of Ttusiees. Respw81)1￿bÈs 2to4 Independw* Audilrws Rewrt SID7 Stslemeni of FIn￿larACtIVIb.es siatemenlofFlTrwlalPa￿tIOn Slaternent ofcash Aows 10 NLle$ lo the FinHn¢i4 Siatemcnt5 11 10 1S

THE ¢LARK8ON FOUNDATIOM CHARITYIMFORMAIION TrU3TEES I V AtmaB- appolnted 3 July 21124 LAsksroll L R Bagsha R H•kne$ Rkn K E (heaon. arwntsd 3J￿Y2O24 D SrfdWAn K Th￿p30Th Jwoyda (Chotr) SECRETARY O Abrehwl. reslgd 3 Sep¢emb¥5125 P Fhar. 3 Sep1￿20?5 IieoJ$TERED NDDRESS ConwnoL¥iy Quay SI KBth8rfn& D¢xks Londc E1W1BF CHARITY IIUIABEB OROANISAMON TYPE chafvb.ki Irw¢rnled Oollnlsal¢Jn ICIO) DATE OF RE018TRATION 18 $8ptefflber W40 INDEPEIIDENT AL￿lITOR G•ll(vway6 AwoLnttrg UTh￿{8d 16 West Straai E8sI Sussgx BNI 2RL gankof Scol4rn1 it718, 1e7 EC2M 6XQ

IklE ¢LRKSON FOIINDAllnM TRUSYEES. REPORT FOR THE YEAREIILIED 31 DECEMBER 2024 Thp Trytslees ofThe Clark5w Founda11L￿ I1￿ FOUnd￿On' ur Ihè Yhaiiw? ha¥epleasure In pre¥entlr4 th¢IrTr￿tQ0¥ RgFKrtand fjnan&al 8taternwls for li charlty fwlhgyearenthj j100￿mler2w24. ThE aLwJnts been wepqred in actyxd￿￿ wunurpj pr4klB5 ¥¢1(wl M O)B nots$ to Ihe fi￿n¢la1 slatsmAnts ar￿ EDMpty￿11h Foimdallon's cor￿dIU￿0￿, thè Charilv2s Ad 3Q11 ond the provtsions ofAcCo￿lIng and R¢wrWng by Ghwtltlo6-. $141Em&nt otRv¢wmended Pracllctt ISORPI applic8b￿ lo charities preparrt tmr accwnts kn I￿Ordan￿ lh8 NnanThal ReportlThJ SI￿ard 8prabkln IJK Repullk of (FRS I0¥ leffE¢U¥e 1 January 20191. The Foundall¢n Is rek15tered￿￿h ttCh•lty inEntyknO andW•les 1191&5n. Ollrlrformalknn rthtirJ th the FtyJndatkn has been 511 on pay8 1 of IN$ r•p(wland fms part olilis rÈporL PURPOSE &ACTIVITIES FOR THE puBuc eENEFIT The Fcvnd8ticY'5 buwe Islofvm rJiBthIAe purpoBe$ ihe lawofEr¥AL4rn1 Wales1 B5 irtTrusteeB sep ft from lime lolimÈ. by pi0vij1￿ gran1$ to orgaThsattm%, tharlties 8ndummbnMe exrJusNti¥ lorlhe pthlic benefit. ils granl-gl￿rq, the Fr￿n03110￿,& is trj mea tanyW¢aff4teneeaThJ al851￿ hTPAEI. D￿n9 mod• to22 charItab￿¢￿a￿0$. TM frubtsÉ5' $trate9y ￿ lo wt4ecl5 ID%i4Wrt )nd dufv4 lh6 wv)d iherewèLrm￿rI 8re48 oTfow5,W￿eh we'. lal Relef ol rovtrty., Ib) Rel￿f01S￿L￿8S¥ oThY prewthn of ￿th,. 1¢) HDrndes$rt88S', Id) cornrnuntyth&rlllos.' lel klarilimtrrdatéd ehath¥ (Tr D]sasler rdief. The T￿te88 alsO￿￿￿j¢r gronls Ihal fdl oth￿de ol IhÈse ar8a5 pthidtrd thtyarE Sa￿ Itwll furfhÉrJ Foundaliorfs pwp05¢ 4rd18 an 4)pmpriatr use oTlund¥. Th￿T￿Ste￿ mD5tysowo projects ITr suppTrrtthrfMJgh con<kK¥ry thew resÈarcN sta￿ Ollhtrclorksvn PLC group ofComp￿￿51'c1¥Ik60nsl sre so encoLwa9ed t0putf¢￿wd cha￿￿eS for con5hYfjraUan. Tr Trugtee5 be1￿¥&}hiS 2nablès the CharflY8 Ilmlied ruwrceB to beused irt Iha m051 effectl% AS￿￿4￿01￿￿ actMly¢•i bef￿￿ bdowU￿er"Achkn¥gffjBQts & Pthrrry￿'. TheTnts have had due iegardtoth¢ gLldEnce on PtslAIGbeift( as publlshBa by th• Chary Cumm￿8$10￿, In exercisirq art•j￿&s. Trustees were tyovldedarn IndLKhonpack othrvj I￿1r key reJpDrnibKlls, thl¢h incathl Ihe Ctytsutullth. Ihe charitycomrn15siDn￿ 9uld8nce' E5SBrnt￿1 TwBtee'. WhBtYou Need lo KnoW,.'Fthi¢Benefil.' The Pthllc BerEfi Requlremenv and'AGuidl toC4wporaie Found8ilon¥'. MMI￿trathjn LWtbythB ¢hadV8 aTwJ Seuetsry. as 8$ Yrlunleered tIme1Th)Q￿￿80￿¥ slaff. TheTntstè8s have consid0r￿ lh• Chariiy Commlsthrfs On pl￿￿Ctenef￿ thè gLldgrtt,￿1Obel￿rrt'. tunrr#J a (PB2)'. AGHIEVEMÉNTS a PERFORWJ4CE Thp FO￿ddI10rIs rn&n sol￿ oflnccmè dtsrfNJ lh8 period underTÉ￿owWas do[￿110￿8 frrynClatwPLC, toiallw £1.88fj,50312021' £750.0001 Afurtfrér £2,300 (2023". E2,3301 ￿CeiVed Ihrov9h thÈ Gl¥È As You Earn srheme. £97.gJ4 (2023.. £36.18D) ￿1verf through CL4rk50ns ern￿oyee [￿J$Ing and oeneral dtsnauons and ES1.578 r2023'. £23,353) wa8 colkrled as ￿t￿est on lh8 FouTrYalknn'& borlrf a￿our1. Al IrKtyme rec¥lvBd in thÈ perbdtr4$ domted wlhrwl raytrldans. A lulal of £1,742,32712W23.' £456.89DI wps uranied to 22 Chatltabk cwsas P023.' 271. as dlscknsed in Ihè Note& ID thv Fin¥￿191 Statements. noie l The ardles sypprth dutin9 ths pertod 18ckle igsuea hGI￿An0 ktysical ￿ rneTht￿ health. C￿ldrEn'S heollh, PDVPtty )d h¢m810s5ne$5. Gran18 made ni the Th8 FOundau￿ eantknU8d ittetr wpwt oT?pre•i a SMI￿ to heb Elthy s￿e￿Y laugMErto $arfok111 eNkJr8n a 114Nerth UME. s Ir￿ude$ lundlrvJ enlwi8l￿[SlD[￿yr￿￿ ￿51t3 and small OftA 81 ceiebraliry2vthtS SUGh 81 81 Gf¢i&lmas. Yhis charity IDc4Ly tr) eThJing youlh haMBkn￿t8Y In the UK Our grA io IB ¥UPPOrting Indppsndsrt ts"wn9 Prowmme. offws youry p)p 8ff¢¥dÉ14E 8saf••nd sarue enbiwnwl tI￿rri￿¢ I￿P 5rkn ¥ep￿dentI￿Nj. Slela Marts l¥ i rn￿1￿ lo In e¥ery PDM, and BtaThJ alr4wlde $eafarors Ihhers lo •rwr• Ihetr righi% are 4)hdd. Our grBDt allav￿d ftsr a naw van In Mombasa, Kenya, thlch enot4È Ihe tharlty lo •xpAnd N5 Dlrtreach VJDrk. pl￿01￿ drettÉupp¢rt to Seafarers and fl8hw¥ th sorne of Ke￿a'S mosti8mote ¢04sla [Tr￿n￿ ¢omnYJrulE5.

ThE ¢LARKSOPI FOUNDAMON TRUSTEES, REPORT FOR THE YEAR ENDED 31 WEMBER ZOZ4 ACHIEVEIAgNTS & peRFORIA4NeE (.4vnlthu6¢ ocks 'SaH This year we coniinued our EUPPOrt ol SoHK¥ vthh a oranl to h their glrfs. prOg￿mMe at Bacons cdkge. Soulhwk, and 8 boys. progTamme At Weslmkn818r City Schooi. The SOH￿9 prDyTrrnme uses ru9by Se￿￿￿9 combined with on&on￿￿e monlorshEp lo praviae guidance to oludortts who are fadr6 challenge5 and would bonefil frorn 3ddllionBI supporL Dvj Deep aths to tran8torm ?¢c•s¥ tc+ ts8n wtér, tsafe ttylets aTrJ go￿ hygiene for the I mwlon pwJplE of BDry¥•t County, K•nya. mtsslon * ¢0 ¢¢Uabotth the Kenyan gover4mani. cal and c¢mmunlWes, to Iransfo￿ 8¢x888 to th¢s9 rf41 In a h'DIigtiB and sv5tainabb wy. Ourgrnnt is hEfpiry thorn take sfeps t0￿rd5 th18, 8pEcif￿lY ty jnveskng in [h￿r$P￿> protecbon project8 and bthfding olsafe laiftnE fa¢ilhies at 8chool&. The Lotus NO￿r provklo5 ¥LVPOrt to women and girf5 who haw been wnpactsd by wnflk helping the¥e Vulnerab￿ wamon deal th thE past and bu $U8t•inat4e firture& The FwTrJall¢ns grant has helped Ihè Nnning rosts Of support5 Gentres al canys In Kurdlstan. Tlus charity provideB SUFprrt forwom•n whD havé ngd from or trthers, and are pregnaht a young thld. seethg intemalion protectim the UJL Dur grant ftjrided the provh'lon of h08pltal bags, baty aod chlhj dothas. and ernergency SUPPOrt pa(de$, in￿￿n￿ food VoUd￿5 and phone pl•ns. FINANCIAL REVIEW Durtng tha yoar. I￿ Fouodation reCe￿d £2,036,285 12022.. £611.e631 ￿ manBtary teNn8. The Foundauon Intymd 0xpendi￿re of £1,742,327 12023.. £453,890) on grant éXP9ndllure £19,8W 12023.. £81ei for the Ind&￿ndEnt e%8mlnthn. Mmini$Ir8l￿n corrykl8d by volunte8rEd bmp from Cl8JkBon88talt, the cosl of thi¢h is Mgllgl>le. This ensurell that the FoundaU¢)n mointairts runnfng costs. Thg only as8Qt held bythE Foundalh]Tr Is calh, Ind M Investments are At t￿ 8nd of p8Jlod th¢ Foundallon held unreslrided funds 01£929.8￿ (2023.. £544.697). The Charity does not hBve 8 reseNe$ ptrli¢rf. The Fwrydalbn mak85 grant8 from av8Wle lunds. Confim8d grants are only Irom 5urptU8 fundg. tbus ensurtTrJ there nol bo a shortrall. Tiuslees fvgularly reviawthe ￿8h posftion to en5ufv they mthlgate any risk HS5DciaW vllh not having a Rg¢N¢s poli¢y kn ￿aCe. snivcTUR4 GOVERNANCE & MANAGEklENT Thè CI8Tkson Fthjndaltm is TEglstered ￿th the Charity Crrnm15s1oD In England and Wales (number 119135n. Th8 Foundatkjn is a Charitable Incorpvrale Organi8a￿an I¢IOI governed èy its conslilutr"on, d4tsd ie S¢pf¢mber 2020. Other Information relatlry lo the Foundalion h88 been s8l out on poge 1 of this rep)rt •nd rn)$ partolthl$ ￿port. The cortsthulh￿ sets out that trher8 must be a mlnimlm of three Tru5te8s. shou￿ thp number fall beltw th￿ rnknimwrt, th• ¥emainlng Tru5teelsl may aGI only to appoi￿ ? n6w Tw5teo. The M8￿MuM nurnber ol Truslees Is 12. Th£ Trustees may at time decKIB to appoint a new TrusteB. provldèy Ihat trè lrynit 0112 15 not eveded. Every Charity Truslee must be a ClaTkson5 m8mb8r ol staff the dufatson of thetr appointmenL A Trustee wll cease lo hokl ots If ha or ¥ho (¥B$88 to bp a Staff member of ￿alk$on$. All TNst885 Ihat W8r• 8cNve Ihe year, up to the of this report, have been named on pag8 1. Any new Tw$te4&1 ￿11 be &ssessed to en8UT that an approrrri balanR of skilkn and &We￿enCe bs malntinéd on thE BDard. Ay 5tatad Dn pag8 t, 4ppointrn•nts wwè mad Yllhh th8yearan¢J were no resiwation$. The Trustees have ?dDpted a confllcts OF iniatsl pofi¢y kn m8naBe thè relatimshlp with CLgrk8on PLC. whlcth pmviles the Founda￿0￿,$ math soure• of [￿￿￿9. Th& Trustees o¢t mdepondenly OF Glarkyn$ Or￿ rnake dE¢YSlQn8 5dely in the intwests ol the Chanly 8nd vAthout any wdua influence. The Founda￿0￿ has also adopted a gth-m8klng wthlch guldÉ8 the TnthÈJ' éed1knr￿rn8kIng wjth rosFed to gran1& due thwce Bnd owol monitoriny of grantees. The TNstees meèt WtAarty b discharye thBir and during the peiitrJ me￿￿￿& wre lo grants. operlIon￿ mtlas, gts¥erDan rangements and anymall•s ofcorwn. FUTURE PLANS T1￿ Fc￿nd￿ll0n wlll contknue gran￿MI￿l￿a and seek ¢harftabT• ￿010£t$ to 5upF￿ that we forth? publlc Th& Foundallon ￿lI￿0k lo ratsè •thtonaS frJnd$ throwh Increaslng ayr4r8nw oythe Chlty to Cl•ths¢n5 eMpby￿8WOIIdWida, th •Y(fftIDn tothow*18rm8riUmg mdu4ty.

TrE CLARKS¢)N FOUNDATIIN4 TRUSTEES. PEPQRT FOR THE YEAR ENDED 31 DECEMBeR 2tyd4 STATEMENfoF TRUSTEES. RESPONSIBILMÈS Tho Trnstees are rewn$b￿ lof th¥ Tru•t888' R•port and thè [￿an￿1 51aiements In ￿0)rdIn￿ with appli¢at4B Iw and UnNed Wd¢m Accounluw Standards IUnl•d KIn9ac￿ Gtsner4ty Acew ￿[lUding FRS102 Tr Fin•nG1￿ Reporting S18Nl•rd appkabb ￿ th• IJ< and Reputth"¢of Irehnd.. Tha I￿ aFpMcle to chanUe5 in Enolan4 and wa￿ retylre• th¢ T[￿￿ee$ to proparo fInand￿ 6takn0rts finwK41 ytarwhicfft gwe a •nd fair of thg iiale vf affr8 of th8 Chwity and of the Incomirg reseurL8 and •pplution ol ￿SOUrceS of Ihe Charity for that p¢iityJ. ITr prOPèTiNJ tho$0 finanual statements, thoTru8tees are roquirnd to." . 8d8¢t swtsble aCty￿￿.￿j then apptyth•m . obsem I￿ meth¢ds and prfnc45 li the Charities SORP. . mskejvdyerrnls 8StSm•te¥ thwl Ire ￿•sonaL48 and wud¢nl', st•to whethtrappjklbkn eccounlllig S￿idal￿S have bo¢n fdl)vd', and ' thtrf)anaal staternents on th8 goiTrJ concem tras￿ wles5 it 1$ kn•pproprtste to prewm• IW tharity ￿lIe￿nIlUe buslness. Tl Tr￿t￿ 8r• wespon51ty￿ for propEf aGwun￿9 rernrd$ that digdose r•asOnab￿ aL¥JJacy at any time the fmnual F4j5it￿Th d Ihè Ch8rly •nd onaNe th8m to ensure that financial staternenls compfy wrth Ihe Act 2011 the Ch8Trty (Accounts and Rapotsl Re9ulatwn$ 2008 the p￿￿110￿ ot the ¢on$iitUllon. Thay arn 8kn i•spcffj4bl8 for SahguM￿ th• assets of trE Chwly and hence foi tkng rnsponsiblB slep¥ for Ihg detsclh)n offraud •nd 0tth1rw￿a1lI￿?$. Detsls ol the Cbarfty on pw 1. App bythg Boar¢ ol Trusts•5 al￿ ne¢ on kn tdwll.. halrof TriMle8s 28 OL¢ber 2025

THE CLARKSON ÈouNDA710PI INDEPENDENT AUDIThg'8 REPORY FOR THE YE￿￿ ENDED 31 DECEhlBER 2024 Oplnlon We have audiled Ihe nnangal st4temBnis ofThÈ ¢lafvon lthe'charWI for IheyBar eTrleO 31 n2￿ber 2024 vANth comprise the ststerrnl of nandal aclfvll8. IhÈ b2lants $heet. the st&lemenl tyf c8Jh and noles fo the fmErtial tslaiements. S￿nIfir￿rA account￿ pvlld#8. The nancl81 reporting fotrEwort Ihat has b£ell ¥plled in IhEir prppatati￿ Is applIGB￿e 14w Unii&J Klngdom Ae¢trunllng Slafjdirds, Incluairp Finand Reportiw Stèndord 102 Tre Fin¥nGial Repofilng Stsndth applcable In ￿ UK and Reputrf￿ of Irr4and IUnRed Klngdom Seneralty Accèpd Accounling Prauel. In •w￿1n￿o￿ tho fkn8ntial stak>rnBnb'. glve a 4rrtl falrwewoflht $tate Dflhe charfty'$ affak$ 05 Bl 31 Decembw2ffk4 and of tt8 h)?0m1￿Y and aps41calknn ofre60ur￿s, fOrtt￿Ye3rth￿ 8￿ed., have ba￿ property wepared in a¢¢C￿￿￿e wilh Untied Kingdi)rn G8n8rAcL¥ed IcE￿nI￿ Pra¢tts', weparad In a¢cordanceitylth lh¢ Chafflks Ac12011. B•8Bt forDplnlDn We conthxted ew audll In xcorfan¢e Wilh lThlematlMI siandarts In Authy IISA8 lUK)l8r￿ aprfir•trle Iw. Ow resp)rts￿lI￿8 unthr Ilp)3e stsndard¥ are lurttter described In IhE Autl¢orf5 fe$pDnth>ll￿as for th? audll Df Ihe fina￿81 $18i•nerts seciliffi ol our repa￿ Wè indepqndwt of I ¢harity ID 4¢COEdancevalh the ellwc81 requkÈmen&lhal are reley8ni tts ouraudk ofthe $lal8mBnt5 In thE UK Ind￿￿ Ihe FRC's Elhal Swjard, and %% havè fulflllEd our other elN¢g1 respon¥ltilllUes in a¢¢¢¢d4ncB Ih¢s¢ rE￿￿￿nts. We b8lwe thai Ihe v53enoe Obta￿ . sufff¢i&trt appYopriateto prowtsa b851¥ foruuT O￿nkn. Concluslon¥ wlathig to golng 8udllMg the IrAncial stat￿￿￿, Cc0d￿jed IhÈ Inty¢eo¥' uge ofthB 9olrpa wncEm baBls of AfOun￿ kn M preparauon ol It ffnonwl stalernenL81$ 8PN0P￿l￿. 8Jsed onlhe have perf¢miBd, [wI￿ent￿led wry m8terfJi uneertaintles rdaling lo 8vw45 or co￿Ttl0r ￿al. v¢ol￿diVe￿, may cast 8w)rMfic4rt doth On the ¢h8My's 8kn.fify lo contlnue as a goity Mncem a Fripd ofat le88t IKl%E monlh¥ the financ1 gtstsments athori8ed trls¥ Ow,reBponB￿l1ll0& ar• ts ￿EPor￿￿OifIls• of ttEtru$le88V4ith reipedb ¢oncsm we d•s￿bod in the rYrt 8ed¢>nB olthb Oth•rlnfornBtIory The thfarmatrm eomptses 1nftymal1￿ Ihè ann￿1 wort OUr Ihgn 8tatwnts ènd ¢w •sdFtOfs rEwI The tru¥teo5 4re re5PfJA¥itl• ftr thè olh•r Infomatlon contained V¥fihln Ihe annual Op1￿0￿ on th• ffrwdpl sIaler￿n13 dDe$ not c¢vÈr Ihe OlhEr iNlormdllDn and not xpre55 aDy tom) 0fa55uran￿ th￿￿n. Cxw reSpL￿1b1￿Yls lo re•Y 0th8r rfomiètlDn and, in $0. ¢orSYer the oth8r Infom86on i& materiANy Inetwlstsnt vith IhD In9no 8lal8m8t5 or ow knowAedge oblalned In the Cothse of th8 audtt. or Olhe￿￿& appear5 fo be m8Terlaty mbGI¥Ed. If ￿ Id8DtIfy materi I￿o￿￿ten￿leS Dt app8rent mtsstslemerttts. 9r8 r8qulr•Y to detsrmJ￿ ther th1$ glves ri¥¢ lo a materwl mK%sta￿Trert in thg lemerts lhern8e￿￿. If, based on th8 vjrk we have perfom)ed, ￿ rm1￿10 that Ihere Is s materw mlSStatemenl ol Ihls infornallon, we are requ1￿ to" ifjpDrt Ihaifact. We ha¥eTrJW loraport In1116 rg3ar Matt•rs on ¥Y• am roqutred to r•port by •xeèp1￿Th We h#vE notNry to report in re5ppcI ￿ the follo￿ng m&tlqvs In relattw to Kii¢h thB Chajlues (A¢¢ounth RepNtsI 2008 10 report lo you rf, In owopsnlgn.. th¢ nifvrfflgllon glv8n InlPfflMntlHI $talemeE4$ Is ary matèrial fe$pl¢tVA￿ the tr￿18¢8. rpFvL' ffi¢iprf pcrounUrv4 records hav• been k8pI; r th& fiftancSal 81818M￿lS are not ) agrnemttniwilh IhE wunong records,. or hava not received all in10￿￿U0n and ex8n¥t]oniMrtqure fu ouraudlL R•¥ponslbillti•É Df tru¥t••s As ewained fuw in the Slat￿ent ol tru5teES' r•5wn51biiks. truslges wpOn81b￿ for lh¢ pftplralknn of IIR fknBnd81 9t8tÈn￿￿ts and for befn9 BBllsW thal they glve a Iwe and wav, and for 5uth IDI￿al Control •5 Iho t￿1996 detarmkna L8 neeeioary lo enabje Ihe ￿8Para￿ olfinanct lalements thBI Ire mBlgifg1 Th16slalem8nl. ￿efher¢uetO fr￿d or¢rfty. In p[qP￿ry the Ilnanc￿l Stat￿ords. Iho trustses responsi￿& ts as$e¥th9 the dillS's ablity to tAJnlrnE 08 a golry ￿[tsM, ttt%¢io8&￿. a5 applicatsl8, matters rdated th otiiw t￿¢eM ￿sIng lhe ookng con¢em ba515 Df aEcountlng i*JsteBs ellhBr IntfjThJ to opwg1kn¥. or have no realslc 81tsrn8tFve Lmtt to do so.

The GL•IIKSQN FOUNDATION IMDPPEFIDENT AUDITOR'8 REPORT FOR THE YEAR ENDED 31 08CEM8ER Z024 AuditorfN ••ponolbl1Mt8#forl￿1￿drtOfthI Ilbmiclal 51at8m•nt¥ We have been appdnted al akltor ￿der'SeCtIOn 144 Of Cha¥1￿88 Act 2Lk11 a0xr￿Ce..¥thm Ihe Ad ￿(1 wul8lh)n8 mtth or havlng efffj￿ thereutKIw. l)JrObjeèUbs are lo 0lain rejsonatye a8surthce obuyt ￿th81herthefkn0ncl￿l 5tr1emwtS a5 •Yknrd@ar¢ Ireefrrffl Material Msslaiem￿t. whelhwdu?to fraud orerror. a￿$ lo i55uÈ aD Buditova r40rt knal includes ourop5tlon. Reasonable a55ur8ncE Is 4 b1￿161 cl •s%Yantr b￿1% Dol a guaranlee Ihat it cthlucted In 6cccAdanceK4th IFA5 (UK) wll always ddgcla mèlefiol mlsstsidnentvthen il eX￿lS. mLS$tsi￿￿s Gan wlse trom frwj ororvw￿daffe onsklered maledal If. indiwduolyorinthe 8ggreg•ie. they could reaBonaNy be expeded ID knfluence the ecommlcdedstcm du5ers tskeThon the flPE8e fffi8nctyt slateirwi$. The rts th1¢ owprrfedure$ 8P tap8blfr ddetecting fve9￿a￿lI8￿. IKludknu fraud, Is thlled b. engguBmenl pthr8nsur•J thattre engayemEnl team cced% hadUE Opp￿?[[&lee0fflpetenv, 5kMsto hjwlfyor recogni% compUanctrwAh aPp￿c•&￿1￿¥ 8rnJ FegulstkTh; We 1dpnl￿lqd and 8tvlkable lo IhechBiity IhMthdtscw¥lor¢￿fth management, and from OUT kn￿edge and We focused on SPEufK law& aThJ WE BDnsthed mayhave 8 dITe￿ malaTlal effect Dn Ihe fimnclal 51alernents w the tspÈratlDn5 of thè charty, i1￿lU0￿ the cha￿￿ SORP 2019. C￿1￿￿esA¢l201I, and dJtaprDte¢tton. anlfj4rfbery, En￿r0￿m￿t￿l h&alth and 5• IwI￿all0n'. We a98e8sed ￿eXtent ofC¢tWonco￿kn Ih8lJw and￿gUla￿S Identlff8d abw? Ihrwth" ffjakhj Er¥￿[1e8 0fmw￿rtI and IrMpe¢llng cLfftsp)nd&nce.' and kJwlffEd las 8nd wulatIo￿￿￿T• C4)wm￿rA￿aIed vlthkn Ih• 8th111 leam Iheteam r￿al￿d akrtiè in$tance5 ofnoTrcomWlarth the aLk11L We a55eiied si)sc4MIty ol the st4thentslo m11￿men15, I￿1￿11￿9 ol fraud mb3ht occur. ty,. anwTres ￿man8geMentaS toth8re Ihoy ¢Dnsld&edtherewas SLwepiiNifty lè fr8u¢ Ihdr knoYAed9E or actual suspected aTrJ alleg• con51d￿9 the Irrteml coAtrdB In pla¢0 lo m￿gaterf$kS Off￿ and law5 End rrfulaknNI. To adr￿lI￿ risk of ftaud JhTOUgh fflanosemenl bias 8rK% owTrld& qlcontsDSs. %'. Perftsmied prcttdures to ￿en￿ty any wfijwaior unexkEcied rllorffjW', T8Stedlo￿rnth ID id¢nlWy LryJLwaIif8￿IcOD￿s", A8seB8ed wthetI￿r￿dgeMent5 oTrY assurnpUon5 made in a¢cawYng estknate5wts Ind[¢¢￿e ufpDtstrtial bhs., aroj eltip￿the rktthalo tehlnd 8wififAhl orunusud trw#timi. In re$pwe tott rknkof1rregultirii￿ and non4oryll￿ca￿AIkn regu141tons, de8h3ned proc4¢knesMtiiL Ind￿1•￿." bulw• mt limtted to: Agrth statehnt di#dost¥es lo un(fertylng 5upwrVng docW￿l￿ll0D.' Enqulrfry ofm8nJernenl 8510 ocwal &rKI po18nW Ilbgdtion cfalm5', R•l•¥lng corraspondwKoW Ch¥ity CommisvAory, rdwar wla1tr5 and Ihe chaOty¥ leg810th)r8", Rgvkn¥iig MIn￿e5 oftru¥lee boavd me&ws. There are iiherenl Iimwon$ In M a￿11 proLY1dL￿ (knsoilvd HbD%. The mwe removètt tho1 lay￿ 8NI Wulat￿r0 are Irom finaftd￿ transB¢iitshs, I 1&8s likely11 Is thal Y+￿ul￿ tstome awaTe of ￿-￿T￿p￿nce. Audlurtg standards 9190 limu a￿11 procedures re4ulied lo Iden15fy rthwmr4anEevAih Iw¥ ar￿ teyulalton5 toewiry ollha Iru5tees 8nd otherm8n4g￿enl arn1 Ihe Inspecllon ofiegLdaloryand kgal W￿1p0￿dente, rf8rrJ. Malerfal Trlsst4twem8 Ihal arlse lo fraud can be to deled It￿ thot atse from error 8$ Ihoy d￿lbe￿te ¢oA¢e3bw or A fUrt￿ld2￿￿p0th of our rè5p)nslbiT6I8$ Ib on Nna1￿[El Re￿rYa Coundfs ¥wb6tt8 aL' hltyi'.IAv•N4JrLug.uWaudllorst8spwffjitAIKRs. Tl des¢fi￿on lorn¥ p#rt ofryxauthtorts repryt. In Ihg a¢¢<wAtng pertad, tntslees Dftrn clwrty. loc aoknl8ge of a￿￿¢ exernptKMX urthr ts. 1WI11 of IhE CPoritieÉ ALI 2011. Therefore, fftè ior ydl'rtlnanclal 8lBiemerts ￿renot $ui"e¢i

THE ¢LAFU(SQN FIXINPAMON INDEPEWDENY AUDITOR'S REPORT FOR ThE YEAR EPIDeD31 DEGEIIBER 2024 U8• ol ow rnpart Th18 rewt Is mad8 ic44y Ic ch81itrfs tru51e25, •$ a body. in 8cCC#￿4￿￿e vAth Part 4 rf.the Ctwih6S lthounts arKS Rewr181 RegLlaUorts 2CQ8. Qur audltwrfk has b8en thderfth SD Ih8t we might sl lo Ihe chtty's thts1é6S Imose ￿￿tter$ ¥e ￿q1￿[£d ¢0 Sl•to tp Ihern kn in aU￿t0￿.8 report olh¥ purpose. To the fv#esi oxtènl KErmill¥J ty law. do rKI afjcepl u a58ume roSp0￿1b1Ity to aryore otrer Ih8Tr Ihe tha￿ and ￿ thar iru51ee$ 45 a body, for oura1￿11 work, fo¥trls re￿rt, or forthi owloni h81Atforffled. G4IovAysA¢¢ountsng UDI 15Wttt 9At&t Brighton Ea81 Su5 BN12RL SlaluloryNJJMor 28 October2025 G8IIowBy8 ACC￿lIr￿j (Audtt) Llrrated (s eJPJlNi )r apptheni as a￿￿¥ (rf It￿ (arly by of Its dIg￿lI￿Y IDT 1ppdrfffl￿t a5 •Jdltor ol a Cl￿ dér aeeuon 121z ¢1 theCL¥np8nles NKt21K¢.

THE CLPJIKSON FOUNOAT FINANcIALsTA￿lENTs 8TATEMENT OF F114AtIClALACmVmES FIJR ThE YEAR ENDED JI DECEIIBeR2024 UNestrkd Un¥lrfGted I.9￿107 SIAYB 7W,$1 23.3fj4 ToT￿}NComE 1038.115 811,863 Exp•ndturg0n'. 11,751121) 1467.7061 TOTALEXPEND. TfURE 11.YG3.12n 1451.7081 NET INCOMEI FXPENOITUREJ 216,158 354117 Tatalfurth ImBFrJ $4697 NeImo¥w￿nl1nkndS 286.160 35i157 TOT￿ FUNDS CARRIED FORWABD 129,'85S 544197 e M r8Grynigty19Blrts 0[￿ to￿ cthttth￿the￿I fCrI￿ Frfud. M Inwm8aroJ &yn¢llure<i¢rK*s fmm conOrn4n9 cFoYablXI& Doles settyjt on 11-13fLMm Part ￿tr￿Sefo•￿1 ¥tstemMts.

THE GLARKSON FOVNDAT]ON FIMANCIAL STATEhlEiirs STATEMENT OF HIIPIICIAL PO81Tr)N AT41 DECEIIBER 20Z4 31 Do¢ 2023 2024 GuTrntA88•ts: Cash41 bankJM inhBn 4N655 374 TOTAL CLRRENT ASSETS 860,6 560,374 U4bnhh¥: CREDITORS.. ￿rA￿(BIll￿ (knvAttln ofteyea 130,8001 114177) TOTAL ASSEYS LESS CURRENfuNBIUTrES 821.855 J44.897 N￿A&￿ET8 829,US 614,697 Funts oftho chvliy. Llwestrict8d oerral funds 829.81$ 514,697 rorAL FiNDS 829,955 544697 Tl noles Bet on pag81 11.13 forn) p8rtoflh8￿fn#￿[8l¢taIèThonts. Tr*ffirort¢rél Bl8t&nents a[9r￿d W aAhorfs•l for ASuetythe Board of T￿￿te0S on 28 OEtober2025 oTrJwwe s￿)Red Its beh4f by. ol Tru51£e5 ' 8 Odober2025 Th& aartson Found811on Charity regk%lMbon nthb￿. 11913V

THE CLARKS"ON FOUIIDAIION FINANCIAL STAIEME1115 8TATEMENTOF CASM FLUW8 FOR THE PERIOD ENDED 31 DECEhlBER 2024 31 Dae NBtlncome l ftythè rwUng pwlc¥J 286,158 2¥4.157 tmEth Iw. el (DecreB8el In cr•dior* 41,1 300281 312,992 C•#h r4sh ￿￿¥aBnt5 8tIlTO b8glMlrvJ ollhp p•lrJ 580.374 247,382 ¢as'h•nd q4uhYai•n(8 atthe •n¥ ofthop•rfod 860,655 Th&notes on PL¥3e5 11'.131orm pgrt L4lh69etr8rdd $ttyrtorts:

ThE c￿KSON FOUNDAIION NOTES TO THE FINAficiAL 8TATEMENTS ACCOUNTING POLICIES (•) OENERAL INFORMATION althson FoLttbJattDn is ¥ wbwj barfyfrt enlty 89 defined ty FRS 102. Tme wa5 wLslered on 18 WtaYther2020 ￿1th eh8rityCommls in Ewland and W¥les INmber1191351). Ckrkson PL¢ sol•ThErrérotlh• Fmdafj￿, w41h85ght frv5 rJJrrentty ¥Ntinq M Ils Board of Trusttts. Ifs retued offlre h CLKnmodllyQu•, Sl Kthartne Ducks. Lorthn, E1W 15F. Ib} &4S1S OF PREPARATION These llnantial 51atemerts have beèn WBP8reO wder the hi51wlcJl cpsl convtnrion, excepi for Invesknetts we irKluded at ma￿le1 valL and lh¢ rev81u8U￿ ofcerto fix£d èssels1n accord8ncevdth the Charllies SDRP IFRS 1tr21 Acco￿11￿ Reportlng by Ch8rlfjes.' Slalemeni of Recommend Pr2￿ce appllGablg lo ¢hariiies preparing the1ra￿￿￿3 In 8ccord8nce Wlh the F5nBttd RA￿AIry siandard appllEablB kn the Unitho Kln9dom an& Republ1¢ of Irel8nd IFRS 10>11èllec14¥e 1 January 20191,, Flnortll RepDFUng SI￿d￿d IQ2 Ihe Fin8ndat Report￿9 Slandard ￿p￿i￿ab In th8 United l(wdam and Rer￿￿1¢01 Ir￿and (FRS 102), ChaMo8A¢i 2011. ThE finanrw staternents havt p￿Pared for Ihe trom 1 JOn￿ry 2024 to 31 D8￿Mb￿ 2024 are prosort￿ kn 81trfiro, rnundÈd to Ihp rea￿51 PDLW Th& Clarksan Fowdatlon CIO mtA t￿ of a b8nèfft eAbty underFRS 102. Assèts Ar￿ U•bilths we hllk8ly recogn￿ ot hisforfc81 c￿1 or tran8aetw)n ¥￿0 unk¥• ￿t￿￿￿1$9 Staled irblhE Wicv ￿￿1￿1. Ic) CPJTr¢ALAccoUTrm￿ JUDGEMENTS AMD ESTIMATION uNcERT￿NTy Olher Ihe 8sse&8mBnt Df con￿￿ W4w, thR preparation of.ts f r￿da1 8tslemÈnts reQlA￿ ts Tnttstees tr Tnyke ￿9￿￿C￿l JudgeMIs oreslimattrs. Id) GOING CONCERN After maklng du8 enquh1e6, the Tru518eB a rtA50ngb expeel•iK) trat Ihl the FOL￿d2110n has adequab reswrtes to conllnue In OPefaunBI len¢e fofihe foresee¢bk bdr¥J at leait 12 m￿l￿S frorn the dale the%e slaierrtrt5 are wroved, and ￿ve no materia u1￿￿tal￿e reg8rdry chorftyj abllty to conlwue In operthn. Amyth￿lY. Ihe 5talemerds teÈn 5y¢pare￿ Ihe gt4ng eon¢￿￿ basts. under Ihe Iw5tori&il roslconv￿¥￿. lel FUND ACCOUNnNG The charity mnl&ns 3 general fund whtth represents fv￿5 whlth &re eywdablè al the of th Tru#ts8t kn fytherawe of the dbie¢ts or1￿￿￿11y. funds mty t In ￿der 10 Ikwn¢e bothWc￿rQ ¢apiti and c8pital ￿vÈSbnerf gnatÈd comprfs& tsf unreslrfcted TuTht$ th•tha¥oJ)een 8•la￿d9 bythe Twhtaes 1wpath￿ér purpog88. Re51rfGI funds are ￿oSe to be used kn acco￿anCe Yllh 8p¢¢If￿ I￿￿UCtIOnS imposed by da•N8 or bw ty the for sp8￿ffi¢ puwes. 7hese funds •rè rtot Bvalabk lor FI￿tte3 ta App]y ai lh￿r(k£rthn. Pèlity aflhe 8oard ol to Garefuly awication ollhc6e fund8 kn gccor0•)¢e thB rests1dKJf6 pIKed upoTrkn. re l¥ no fO￿TraI pollLy 0ftrwot8rbe￿Thfinw30r Ihe offtTrly lo d25iwwlEdAuNJs. oM)erthaiihai desc￿￿1 aix>w. AJI ￿e1V￿1 or ratsed In IhB year underrw¢wwore unr88trtw. INCOVE RECOG141TION IroomE is recogrJ vthen the F￿￿thn hw5 or4lUem9ntto ￿rt￿$, sry p3rfwman￿ CO￿l￿On8 atta¢hed t¢ Ine kncume hB¥e b88n met, il is prci>&t4y that e inctsTr.vAII betÈeeW aTrJth& amourlcan b8 méasured rfjllably. (91 DONATED SERWCES AND FACIUTies l)onaleO prol&s￿O￿al services and donated facllrfies s￿ retognised as inGume vthen ihe Charity ha$ over ItÈm, aty cornYIUons 8s8o¢lai wi the donaled Iiem nave been met, FecBPI of EGpnamlc ben•fll from Ihe u¥e by ihe Charity of th2 Itèm * probable and thai eEoncmic Ln2fi1 be m8a8wed relatsty. In aBrord&nce chEF￿È$ SORP IFRS 1021, trie ge￿[31 volunleeriime OfCL4rks￿s staff l• t￿t rBcognised. Ihl EXPENDITURE RECOGWYTON LlabllMl•s are recffjnl8ed #ts P￿TrYI￿re 00 loon 88 th8re 1$ # leyl or ¢[￿truL￿V2 obllgayon ¢arnnNtlng tharfty lo that expendihrip, It18 proble that 5￿U0￿￿￿t knill bg requSre0 8rK1 Ihè 8mwrrt ofthe 0￿￿1￿) c4n be mea6ured reKHbly. AU expeThllure Is ac¢coJnled lor On an &¢cru￿5 bas15. ExpÈndttLYe rA)mpviw grarts payèt a5 PBrt aflhe Fwndalknrf8 eharll4bl? athvates, As as adminlstrallve tri$ pertvirM¥J to IhecharftyaKI Ils grart- m8kiw Grarty payable 4re Ind￿led In sl&ternentotfrJanl 8¢tswlks wthen approved vkn¢n IhB IntendBd rec￿lent h88 elthÈi reEei¥¢d1I9 knd5 or be8n of Lhe dothi¢n to make Iht dolla1￿n and Jw oallsfied 81 relalèd e¢ndftlow. Grnn15 approved Iwt not paid al th¢ end of the p8rfod are aB¢n￿d for. Where Ihe benefidary h89 not bEen InfoftKed ty h35 to moet certaln cond111￿ beforeth• grar Is rdègsed. are Mi ac¢nxd fwbut ae Nled 86 Fffj8nual CLYnmthier￿S note510 th8 statam￿t6. Go¥ema￿• ¢08ts Ihe G06ts of the independ8ntexarnlnll￿0n ofthis WDfL (D CASH AT ￿4￿(AND IN HANO Cash al ba￿and th haTrl lrtlL#lÈs cagh kn h8nd aTh1 ea•h￿k4 Fowlbts"on'# b8rt¢ eunpA"bccour*. 11

YHE aL￿KS014 FOUNDATION NOTES TOTHE ￿NANCIALSTATE11￿s ACCOUNTWG PQUCIES ￿oNI1MuEDl QI ¢REDrrog8 dllorn arn re¢c4JnlK4 vthtnlhe Charity haso prevrrlobvythn resLdling trom a paglevent thatw411 Pmtyjtyy Fas￿1 in trw¥fer.offunth lo ¥ 114rd nd arnouhtd￿tO 8eille theot4galon can be me8Bwed tf 8sllmalwJ rd3bty. FINANICAL INSTRLIMEMrs The ts￿Y has fmrKial a¥èts and ol that quthfy a¥ baslG InstwM￿ts. Ba5ttt •rÈ rev4nlBed a1lr3n5athn vabje subseqwnfy mea&wed 81 1h￿r.521￿em￿N v&Th￿. TAXA.nDN A$ 8 re&4Etsred chJlty, charty 16 6¥emF4 from in¢thne aThJ corporaUM laxlctsE exient that its Incorn& owns are aP￿￿?￿e kn rhorilable piw)¥ onty.ValueAdded Tax WAT) is and iheretre Il eXP￿dIt￿rS5 Ind￿ve ofvAT¥fvre appIcab￿. INCOME 20Z4 20 DOnati￿s tseel¥d 1986,707 781.510 Interest In￿me 61,578 4364 iQ38.28S 111,163 AH donatlon5 race￿￿ wreglricted gonera1 fvrd¥ ayali #b￿l)rthern￿leestD Npply• ￿ffi1 lo furftw lhoFixJndat￿ pu￿080. Oonatrtrts ￿0e￿￿d froD) Caartsffi PLC In th6 yearwere £l,865.$03 (2023." £75D.000). Tr￿at8￿ 8¢rthB rth¢t1￿ Ctsstofun￿d genernl Vthrl?er￿ lrne from cjarkso￿ ttaff. Th￿$ Ison ￿ ad-hoG bBwi ttnd ¢ATthtb6 relkbly mea&wÉd. F￿￿ern￿re. Vatun￿re￿ ITme ba rètthed. the Foundelk)n W￿k nd have ￿p10yed edditsonal tv ￿￿JertaketIIme ser￿e5, bul ralherwtyjd bB èy tr¢ Truslee5. Th￿ theeLw￿lbLrt[0n olw8ral w￿￿tErS Is Indlthd 88 InEX>mÈ IDDrpÈndtbJre In note 31 ￿ th2financial slatements. ARITABLE ACTIVMES 0￿1 Go¥emancg co8t8 1,742,327 10.800 4&89Q 816 I.7￿,1￿ 457,706 Oov8m8nce Msts ¢omprbqstrlTrJeFendent sudW$fe4. 2024 Cw)trepth Dwj De8P The LDIUS FINV Spread a Srnl £ch(x4 of Hbrd The Ren￿554￿Ce Fmdallon The Happy 8Bby Crffjmwity Sldla Thpwava Project" Other¢hllr11411e Qry•iatl￿. Carw Convnuylty Ips¥4i¢h C£rtnmU￿ty8LLy Crf4ts Wtr4e(epd Mission loo.￿) IlX7.Q 29,1eo 27,5QQ 20.000 13.WO lo.￿0 1.742.327 ' Thosel￿[￿de all donal10￿gran1ed th a ￿ue under £10,0￿. ' ThK8 grartw¥s cothmiitéd to 81 the end of2024 bulnot pald urtilthe th￿rIa￿. Igwls made h lheYeaF￿rt m¥Jtftsrchgrflable purposes. 12

ThE CLARI(SON FOUNDATIOII NOTES TO THEFWANCFAL8TAT&IENT8 8TAFF 14UM88RS AND C08TS Thè Fwrfati¢ndoas not &￿p￿e8&. Kgy maTrag¢ment PBrnonrf¢Ythe Charlty.vthowe kn eharge of¢knrJing and eA)rtio￿. and Ow8￿n9 Ihè Charty ￿naMed on poge 1 oflN& ffwrt, ana ￿Mp￿eth0 Trusteès 8nd Secret￿. In addionto key manawerrt personn￿, all vrdunb•f5 thm9h(￿rt its perfod trrf.Clwk50ro. thS88￿ wwo proVK￿j free ofch8rg8. No remurwioh ba￿ were pa.ld trjaty key Ma￿98ment durts¥ ble p8rfrxY. ¢REDITORS.' AMOUNTS FALLING DUEIAITHIN QNE veAR 202 Actyua￿ for.grnrl$ pwle ArGtu fgr g￿e￿ance collto ZQ.QVD 10,800 13.e 15,677 AG al thÈer#t oflhl year. th8fe fvn¢w9 ¢Dmitmentfor£20.fy)D.vthkhwas p?Td lo Ihe 9￿18( 1202& IALY818 OF CI4•ATfABLE FUNDS 23 Urmtrkt¢dfvntJs browjhl Incow Ekpenthtum 544,697 2,038,285 11.753.12n 19).540 817,863 1457.706) Urrntrlctéd fuThl&è&rri¥J lowrd B19,B66 4&097 TRUSTEE8 AEMUNeRAnoN & RELAYÈD PARTYTRMSACIION8 TheTnJyle8s S￿ set oul rm pall8 1 Of1h￿ rpJx¥t. N(hTr oflm Trust888 Ioiw PErwn connect8d hilh theml haw0 be¢n rem￿rnt￿n or rec8WI arw 0￿¥benefit firm Ihe Foundalion6uriNJ they881. PJITrustoesMtye remwerd aTrJ recthd othèr bènefits t￿lough tr¢lrempknyffert￿th Clarkson5, a relaledpaty to the Chary. D￿￿￿9 the perf￿. monotaydttnau￿ loialThn# £1,885.50312023.. £750.OOOlwa& reGdved from Cbrl$on PLC, Iho x48 merrIj8r￿th￿ FOL￿d￿l¢￿. Onp Truste8 Li ap8k3 di[￿￿ of Clart50n PLC. docs nol inclwJ# for Ihdr rolE as a Tvusiee.