R¢gister¢d number= C.E024062 Ch#ritv llumb¢r= 1191627 Delamere Dairy Foundalion CIO Trusttts, Report and Financial Siatements For the year ended 31 December 2024 Delamere Dairv Foundation Contents Page Ref¢ren¢¢ xnd Admlthl$tr¥tlYe Dtia)Ils of the ChxrltV* Its Tru$ttts #ttd Adi'lsers Tru5tees' Report Independent Examiner's Report Stfittment of Fln*n¢l*l Aetlvl*l¢s B#lane¢ Sheet Notes to the Financial Statements 9- 15 Delamere Dairv Foundation Referenee and Admioistrative Details of the Charity, its Trustees and Adi'isers For the year ended JI Detember 2024 Tru5tee5 F. J SalL Chair L A Sutton NJ Hcollins Company registered number CL024062 Chlrltv reglsiertd ttumber 1191627 Registered offite Y¢w Tre¢ Farni 1SL¥ion l.ane Knuislord C'hL%hirL 'AlOg1111 Aecountgnts I lursi ALYi)unthnts LimiiLd IndLPLndcni l..xamincrs and Chanercd Accountants .1 %ii)Lkrxirt l.-¥LhangL Ii)ikrrtin 'h&%hirc %KI 3(rfi P&el Delamere Dairv Foundation TThstees' Report For the year ended JI Detember 2024 The I ru5tees present their annual re￿rt logether u'ith the financial olthe Charitv for the l Januarv 2024 to 31 DeL¢rnher 2024. The annual rewrt seti'es ihc purP￿S of both a Tn￿(tt￿' repTrrt and a dIreC￿rS. rwrt under compan! law. The Trusices eonlimi Ihai (he annual rerK>rt and linancial siaiemenis of the charitsble compan). compl). ii'iih the current stsiutory, requirements. the requiremLnts ol- the charitable eompanl's goi'erning docuineni and ihe proi'isions of ihe Ststemenl of ReLiirnmended PrdLIILe1S()RPI appliLdble chariiits preparing iheir ucc()unt5 in ￿LI)rt￿lli¢ ihe FiiianLial Ilep(irting siandard applicable in the Ilk and Republic of Ireland IFRS102I ielTective l JanuaTr 20191. SinLL the Charitv qualifie5 as small urbder seclion 38? ol-the Companies Aei ?(th. Ihe strategiL re￿rt rcquircd of rnLdium and lurge uirnpanie5 under ihe C'(Imt¥Lnies ALt 201K> I%tra￿B]L Rqx)n and l)irtcM)rs' ReFXIrtI Regulali(In5 2VI 3 hu5 been ()miltLd. Objectives and xetivities Polleles and obl¢¢tlvts ThL I)LlumLrL I)uir¥ Fi)undulion. csttthlishcd in Ik.i()IK'r 2020. is a SL'if%()NLminJJ. indL'pL'ndLnl rLJsi.4lLrL'd Lhurily with LILar pur￿)￿L ()I' ¥ii'ing ￿,k IoLal and ￿"Ider communilics thwugh thL proi'i$i(In of disLTLtii)nary und i¥ihLr linanLial a%%i%taniL. 'I'hL I'iiundJtiiin's Lhariiable (TrbjeL1iI'es are.. 'I'hL udvanLlmL￿t (Il'ugriLuliurL and i)l-LnvironmLnthl PnMLXli()n: 'I'hL adfvunLLmLni ol. lilc in %(lUn￿ ￿M)pIL bi dci'cl<)ping thLiT &upabilili¢s so thai th¢J ma} maiurc as Liintribut()ry' m¢mh¥r% ()l-M)ii¢¢J: 'I'h¢ r¥li¢l'c)I' hJr(lship: -[ hL Jdi'JnLL'mL'ni iil-LduLalii)n: and -l-hc rclicl'ol'sicknc5S, IhL pr£ii'i511)n lil. grants and 01h￿ financiul as5i51anr¢ ai the "I w51ee's discrclion including in suppiirl lo C'huritlLS unLI othir (Irg3ni%a¢l(In% furthcring ihc% purJx>s¢s. iithich mai" b¢ nomin*¢d bl" thc 5tsff vf D¢'liimwi l)air) Limi￿￿ (Ir thri)ugh IhL' I)L'lJmLrL' T)ain Fi)undaiii)n nnmination pft)Le￿ In 5Ctting objccliv¢s and plannirt8 for activitiek ihe Trus1¢¢5 have gii"¢n due con5idcralion io gcncral guidancc publishLd bN' ¢ht Chari¢) Commi55i0n r¢laling ￿ publir tKncfiL including thr 8uidanc¢'Public t￿erIt.. running a rhariti 11>1121,. b. Strategies for achieving objertives The Lharii>"s main acilVLties are deLgiled ￿l01v. all of ii'hieh further our aims and objeetii'es for the public's benefil.. arding Small to medium grants to the charitsblt Wies M'e sufft lo enable them lo ca￿Y out their iiork and irnproNe p¢opl¢ 5 qualit%. of life or ihe Datural eni"ironThenl Miiniti)ring the granL% ail'arded thniueh i'isils. LX)ni"ersaii(Trns and an F.nd ()fcirani Mcinili)ring F()mi ts) enahle eontinuous impro%'Lmcni ofhoiv i¥c supp)rt ollr Lhariiies and impro%e the imyaa madc Irom our grants. Delamere Dairv Foundation Trnstee5' Report {coDtiDued) For the year ended JI Detember 2024 Achievements perfornianee Main 8chitvemtnts of ihe Charity The FuuDdaii()n measures its ￿[￿Tma￿le using the followin￿ kc) ￿r(()Mi￿nLr IDdiLak)rs- Donations receil'ed in the Ftriod.. £74.056 D(Inutions received ITOM Delamere Dair). Limited= £74.056. NumbLr ol'organisaiions supwn¢d in ihc wriod.. 30 Agri-Laiion C IC. l)r(IgrL%sa> ImpaLI CIC. HLrk%hirL Auli%tiL %(>ciel)' Bliiiid} Arna/.in¥ ('IC .1 uminbi L'i)rnLrs Jn%LJ M.41) 'I'hL Apl l>nijLiI (".[('. Alliiin l.iir RLlugLx% ¥511k I lJnd Idnd%i%'i)rth IlilpinB I lanJ% NL¥lWI)rklibur l.Ll.4 l.ami l..xtrJ ('[(' ThL P()und ArL%'l"ru%l l.IliN%tÉii%'L Youth Dcvclopmcrtl CprL)UP -rhL lJaiLh%ii)rk. (IdrJ¥n '['% I l%(iuih WL'%II ('IL -rhL Rlaikmorc Valc kilii)n CirangL F.nTrironment cl￿tre Pn?j¥¢l Indi Fldih C'ilv l.dmi ThL BLI'ricndin8 8Lheme Rl..AC-I' L6BI' Rett IIK 'I'h¢ I lon¢}'N>t Child￿n,5 Charity. CJfi)l% lil SLhiMiI CIC - Amount of monc), donated to w'orthj causes in the pLryi(wJ= £IAI.169 b. Inwestmtnt polity -I'he overall objectii'e5 aTt ¢0 creale suITicienl incorne and capital gToiith to enable the charitr to carrv out its purpose5 nSiSt¢ntl)' ￿'¢￿iT￿)n-)¢aT H"ith due lind prupEr wnsiderJtion for future nth" and the maint¢nan¢¢ of th¢ volu¢ of th¢ inve%ted fun(L% w'hile the) rdained. The investment manager prowides an annual review" of r*rfonnance and a rn'iem" of actii"iTh' to the Trustees and the Folicy will be regularly reviewed to ensure the oierall objectives continue to k achieN'ed. Delamere Dairv Foundation Trnstee5' Report {coDtiDued) For the year ended JI Detember 2024 Achievements perfornianee (contin￿ed) ¢. Fin*tt¢i*l review The I'rustees ai%'arded charithble grants totalling £90.169. The kntal income for the iTras £74.056 and expense5 of admini%tering the Chariti, were £7.058. Financial revie *. Golng co￿¢¢￿ AIILr muking (Ippr()priutL lnquiTiL￿. thL' TrustLx'% ha%L a T￿$£)￿￿bIL Lif&xuii(In thai thL ChuritN hu4 udLyuulL rL%i)urLL% t(1 u)ntinuL in i)￿ra11()nal exisiLmLx, fi)r the fiJresL'L•blc lulurc. For Ihi% rLay)n. thl￿ u)Illinu¢ u) aLli)pi ihL gi)ing LOll¥LTn ha%1% in pr¥paring IhL linancial si*em¢nts. Further ddails w8arding ih¢ adopiion orth¢ going ¢on¢¢rn basis ian bc found in the a¥¢i)uniin8 PLIIIii¢￿. b. Re$erve$ pollty A% part (If IhL' iing(Trin8 aCti%'ilics of the FtTrundaiion. re%erves ￿thI11Th8 L734.170 WCTe held ai 31 1)LLLmk'r 21124. '1'hL%L arL hLld i(} Ln%urL thL aiailabilili i)l-ii)nlinuLd lundin¥ for ihoK aLtii iliL% arL dLXITILJ %uithblc hy ihL 'I'ru%iL'L%, and musl bL' %ulliLiLnt lil i1)￿Lr IhL (A￿LIld unnual udmini%lraliiL and g()i'LrniinLL CM)￿* (If thL C'hurit!.. r¢¢ r¢%¢r¥￿ iotdll¢d £734.17Q. S1)m¢ ()fihis is ¢xrrt¢i¢d In h¢ wni in thc n¢xi 12 month% and th¢ r¢$¢ ￿111 b¢ ini'i8i¢J t() iILllL'ralL' an i)ng(?ing inLI)mL %ifL'dm iihiLh ivill k. U%LxI liir ihL' C'hdrii%-'% k.nLfit Thc rc.%cTrc% w11L￿ 1.% micwcd annually. Structur¢* gov¢rnanet *nd m#n*gemeDI Cort5titulion DLlamcre Dair¥' Foundation rc8iStercd a Charithblc IncorrM)raicd Or8anisaiion IC101 on 5 (￿.￿hCr 2020 and rcBlStcred M'ith Ihc Charil). Commission undLY charil). number 1191627. b. Methods of Ippoiiitment or eletllon of Trustees -I'h¢ managrm¢nt of the Lharily is thc ￿5￿￿nsibIlI1). of ihe'l'ru51¢¢5 WIK) are clKt¢d and CWPi¢d under the term5 of the Trust deed. P&e4 Delamere Dairv Foundation Trnstee5' Report {coDtiDued) For the year ended JI Detember 2024 Statement of Tru5tees' responsibilitie5 The Trusitts Iiiho are also ihe direciors ol-lhe C"hariii' lor the purwses ofcompan). laivl are resp)nsible for preparin8 the Trustees, report and the linaneial 51aiements in aecordance ilith applhcable law and United Kingdom Aceouniing %iandards ILlniied Kingdurn Generalll. AcLepted Accounting Prnciicel. Company law requires the Trustees ￿ Prepare linancial ststements for each financial Llnder company la￿, the Trustees mu81 ni)t approi'L the linancial siaiemenis unless thth. are saiislied Ihai Iho. gil'e a ¢rue and lair i'ieii. ol-llie %taie of al'lair% ol. thL' c'harli￿ und i)I' its incoming rex)urcL'S and applicaiiorb ()f resource& includin8 its incorne and elpenditure. lor thal rii)(l. In prLpuring Ih¢* lin(￿lia1 %th¢L'mL'nL%. the Tru.4tLX'% required u).. select suitable aecouniin8 ￿liCieS and ihen arvli. Ihem eonsistrnilj: ()bsL'TrL IhL tnLthi)ds und prinLiplL% ()fihL Ch￿￿lli(* S()RP (FR% 11121- mak¢judgmLnis and aL[￿U￿(in8 ¢stimat¥S ihat ar¥. N-&wnabl¢ and prud¢ni: 1¢ %￿hlthLr appliLable IIK ALLI)uniin¥ %lundards 11.R% IV2) hul'e been folloived. subjeLi io an) muleriul dLparturLs disll0￿.d anJ ¢xplained in ¢h¢ linaniial sts¢¢m¢nis: prLpafL IhL linanLial statL'mLnts on ihc 80in8 Lx>nccrn knis unless li is inappropriate io prcsumL ihai ihc C'harily M'ill Li)ntinui in hu.%ini%s. ThL 'I'rustLLS are TL%rrtTrn.sible for keepin8 adequa￿ acwuniin8 recor&% that are suifieient ￿ show, and L'xplain thL C'harilv'% Iran%aLli<)n% and di%LI(ISL 11)th rLJ%(InablL aiKi1rnL￿. ￿ ani. iimc ihL linanLial rrfi4ili(In ()1. IliL (..h￿l1). ai)d LnablL ihLm ti) Lll%LirL that IhL linaniiul %lutL'mLnl% LM)mpli iiiih ¢hL C'i)rnPiiniL% ALL 2111Ki. 'I'hLi ￿ al%) rL.4tMin%ihlL l()r 4uliguaiyJiii¥ ihL u%Kls c)I'thL C'hJriii und huld ￿. drawn in this rerx)rt in c)rder t4) enable a pft)per undeT%thndin8 ofthe aLKM)unLS (4) he reaLhed. This rcport 18 m#d¢ snlely ¢0 th¢ C.'harit)"'s Twstces. as a WI-. in aC￿rdance ilith Part 4 of the C.'hariti¢s IA¢¢nunts und Ri￿)rt￿l Ri'gulJiii)ns 211118. Mi" Isiirk hJs ￿¢n und¢rtJk¢n 50 thai I mighi 5tal¢ li? IhL C'hariiN'% .1 ru%lLi% ihii%¢' m4llLr% l am required li) .%laie [() Ihem in an indyndeni e.¥aminerfs rerA)rt and Ci)r M) i)Iher puryrt)%e. I i) Ihe fullest exleni ￿MIllied hy laiv. I do not aLLcpi or a55umc rcstK>nsibilit!' 10 an)onc other than ihc charl￿ and ihc Charit) s Trusiecs a knd).. for Ins, work or for this rc￿>rt. Signed.. D￿£d.. 17 Jul 2025 Helen Elesani RaberLs FCA Hurst Accountants Limited Independent Examiners and Chartered Accountan15 P&e6 Delamere Dairv Foundation Statement of fittantial *rtiviiies littttsrporatikng expeknditure attounti For tht year endtd 31 Detember 2024 UDrestricted fund5 2024 Tolal fvnd. ?0?3 fund5 2024 Note Income from.. Di)rtatiÉ)ns aod legacies Ini'eslments 74.056 17 21Q,445 17 Total income 74.073 74,073 ?1(1,452 Expenditure on: 90.169 90.169 7,6.48 l)IhLr ¥.KpLnditur¢ 9,Q79 Total ¢xp¢ndltur¢ 97827 97,827 39,Q79 Tr4et lexpenditurellincome before net ￿7n5 on inveslmeDts NLI &Tain% (In ini'c.%tmcnLs 123.7441 69.947 123.7441 69.947 171,373 3LS,4119 Nti movemeni In furbd$ 46.193 46.193 ?1)7,",11? Reeoncili#tlon of funds: .1 i)iJl I'und% hri)ughi l(In¥drd NL￿ mi)ILrncnt in fund% 687.977 46.193 687,977 46.193 411fi, 195 7()7, 7N2 Total fund5 carried forw*rd 7J4.170 734.170 CpeK7, 977 The Statemeni of l.inonrio1 Aclii it1¢5 includes all gains and1055es rccOgnis￿ in the >ear. The noies on pa8e$ 9 to 15 lomi part ofihe* financial S￿￿entS. P&e7 Delamere Dairv Registered nurnlier: C.E1124062 Balance Shtet As al 31 December 2024 21b24 2023 Current gissets InN'¢slrnent5 731.662 2,508 631. 715 ?6. ?62 Cash ai bank and in hand 734,170 687.977 Net current #ssets 734.170 087.977 Total net #sstts 734.170 ot17.977 Chirlty fund$ RL'%triLl¢xl lunds IlnrLsiriLtLd funds io io 734.170 0117.977 Totxl funds 734.170 OX7,977 -rh¥ finaniial w'¥r¢' appr()i'¢d and auihoris¢d for issu¢ M. thi I'n1$￿¥ and signa th¢ir bL.hJll'by.' EJSalt Chair ot-Trust¢L Date.. 17 Jul 2025 The n(iies i)n page$ 9 Ici 15 fc>mi part ofthese finanLial ststements. P&e8 Delamere Dairv Foundation For tht year endtd 31 Detember 2024 General information De[￿lTn￿re F(iunLla¢i(In was ￿￿lS1¢re[l a LhJritJble in¢x)ryK?rated ()r¥￿￿1%￿lL11)n i)n 5 C)Ll()b¢r 2020 unLI rL'gisiLred ii'iih the Charit}. Commission under charit). 11916?7. Th¢ ¢haril}'s prin¢ipal olli¢c addrcss is YLW Tree Fami. Bexton LanL. Knutstord. WA16 9BH. Delamere l)airy Foundation's registered number is CL024062. Accounting policies 2.1 B#$l$ of prep•rntlon of finaD¢i•I 5¢iiitm*Trls Th¢ finon¢ial siaiemetlts ha%.¢ pr¢par¢d in o¢wrdan¢¢ M'ith th¢ C hariiies SORP 11--RS 1021- A¢¢ouniing and RcpLirtin8 b) L'hariiics.. %iaicmeni ol- ReLommendcd PraLiiLe applicahle to charilie% prcparing tl)cir Li)unL% in aLLX)rdunLL lylth ihc l.inancial RcrrtiniTh8 SLmdurd applicablc in ihL IIK and IILpubliL i)I' IrLland 11.'R% 11121 ILIIixiivL l JanuJr% 21114)i. IhL I.'in￿lia1 RLrrt)rting SundJrd JppliLablL in thL IIK and RLpuhliL (Il. Ircland (FR$ 10?) and Ihc Companie.% Aci 21)06. Ik.lJmir¢ l)air)' I'iiunilJiii)n m¢x4% lh¢ d¢finiLion c)f a publii ￿,n￿liL ¢nLll>' undir l.-R% 1112. an liabilitic￿ JrL iniiiall). r￿￿)gni5¥,d di hisii)ri¢al iy)sL or irdnsaLiion ￿alu¢ unless oihLrwisL SULLd in IhL' rL,ILvanl aLLX)unting rx?IiL 2.2 Goln% ¢oneerts Aft¥r makins appmpriJi¥ ¢nquiri¢s. lh¢ in1s1¢￿ hotr¢ a w8$1)t)Jbl¢ ¢xrrt¢OLlI)n ¢hJi ihi ¢hariii ha% Jd¢quJt¥ rL'%i)ufLL'S II) L(TrniinuL in (￿[￿￿￿111)nal LNI.%IL'llLL fc)r ihL liirL'%L*'JblL fuiurL'. l.()r Lhi% rL'a%(?n. IhLN Ll)llLinuL' tl) adopt thc 8oin8 concern b&sis in PTcparin8 Ihc linancial sthiemenis. P&e9 Delamere Dairv Foundation For tht year endtd 31 Detember 2024 Accounting policie5 (continued) 2J Income All inL(Imt is Tec(Ignised the Charit). ha5 entitlcmeni ￿ tht inL()me, il ib pr()bable ihai ihe inLx)rne will be recei￿ed and the amouthi of inLome Te¢ei%'able ¢Jn ￿ measurtyj rel1Jbl￿. Th¢ recognition of incom¢ fmm legacies is dependeni on esLgblishin8 eniitlcment. Ihe probabilii}' of receipl and the abiliti, io esiimaie M'ith sutTicieni aceurde!. Ihe amount Teceii'able. Li'idence of entitlement io a Icgacv exi%L% iihLn thL C.'harit} has suifiiicnl ei'idcnLL thai a gill h&s bL￿ left to iliLln Iihrough knI)￿,1Ld￿L ()I' thL ¢xi%ttnL¢ i)f u ￿￿lId iiill iht deiith (If the l￿Der￿lL11)rI ihe eN¢LuliiT 1% 4ati4fied thui lh¢ pN)p¢ri> ii) quc%tii)n i¥ill ooi iK' r¢4uirLxl io Lltsims irt thc cs(aic. RLxiipi uf a ILga¢J mu51 bL T¢Lugni￿Ll ￿h¢n li i probablL tha¢ li ii'ill ￿ rLx*ii'¢d and ihe lair i'alu¢ ol. lh¢ amouni r¢ceii'abl¢. ￿'hICh l4.ill gen¢ralls h¢ the ¢.XF¢Ct¢d ¢￿h amount ￿ b¢ distribu￿d w th¢ Lhsrii).. ¢on ￿ r¢liablv m¢&sur¢d. WhLrL thL d()na¢Ld go()d is a fixcd il i% mL&%urL'd al fair i-aluL. unlL44 it iinpraLliLal t() niLa4urL Ihi .liubl). in iihiih ihL LN)%l (IfthL' iILm Ic) thL d()rH)r.%h(iuld IK. u4uJ.'l lit. gain 1% TLL(i¥ni%Ld inL(ImL Ir()ni di)Jlalii)ns and a LC)rrtsrrt)nding ￿l)UnI 15 iniludlxl in thl appnipTiaiL li¥Ld asx'i Llass and dLpfLxiuiLd i)K'Lr lh¥ us¢lul ¢ionomi¥ lil¢ in a¥¢orJJn¢¢ with ih¢ c'h￿1¥,5 a¢¢ouniing wliiics. l)n rLLL'lPt. th)natLd pr[}fL￿￿1()n￿j ILL'% and fuLiIiiiL¥ arL' rLXx)8niK￿ i)n ihL b&%is (If LhL I'uluL' i)I' IhL bjill ti) thL C'haril) whilh is thL Jm()uni il haic iiillin¥ l(} puv (() ()btsin %LT%iCL'% ()r fJLililiL4 (Il'Lyuii'alLnl cLI)nc)mii bcnelil ihc markct: a ¢orr¢8TX)nding amount is thcn reLogni%cd in L￿￿nditUre in Il)c pLri<)Ll Inei)me ia.K rLL(Trl'Lrdble in relaiioTh 10 donailons rcceii'ed undcr Ciill Aid or decd% i)fL4)vLnJnt 1% rcLI)8ni%cd al thL IIML l)fihL. di)nali(In. Income lax re¢ovcrabl¢ in rclatii)n io infv¢51mcni incomc 15 r¢¢o8ni5cd ai th¢ iimc the in%¢5tmcni incomc is recci￿￿h1c. 2.4 Expendlture F.XFtnditurc is rel￿gnIs¢d once thcrc is a Icgal or con51ruciivc obligalion lo Iransler cconomic hcncfit io a ¢hird partN'. il IS PTobable ihal a Iran51er of economic iKnefits ii.ill be requiTed in seiilenient aiid ihe amount of ¢hc obligation lan b¢ Mcasur￿ reliabls". LAp¢ndllU￿ is rla55ilid b! arli￿ll}. "I"h¢ w5ts Ol- calli activi1} ar mdd¥ up lif th¢ Lt?ial (if dir¢iX L(TrSts dnd shdwl ixTrsts. iniluding suprKin u)sts inN'i)Iv¢d in undL'fiJkin¥ Ld¢h aLll¥ltv. DircLt eo%LS aitributhble 10 a 8in8le aLll%ll%' are alloLaied direLLlI' io thal aLLIVllV. SharLd LosL% %¥hiLh conlributc lo MOTC Ihan onc aLlii iii. and supp)rt Costs i¥hich are noi attribu￿bIC lo a sinBlc acliNit! arc aprrt)rtioncd bctiNccn Ihosc aclii'ities on a basis cons1slcnt li iih ihc usc of rc50urccs. Qentral 5taft' cost5 arc alloLat¢d on the b3515 of titn¢ 5p¢nL and dep￿CIall0￿ rharge5 allocatrd on the ￿rtiO11 ofthc assel'5 use. F.xpeniiiture c?n Lhthtsble JLliiitiVs is inLurred (In dir¢LII! und•uking the J¢tlfvlLie$ ￿h1¢h fllrther the CharitN's objLLtiies. as i¥ell as an!. assM)ciaied supp)n Losts. (irant5 pa)'able are charged in the year 14then ihe otTer is made except in those Ca5￿ where the otTer 15 onditional, Such gTants being rerognised as exFrndi¢ure iithen the conditions attaching are fulfilled. Grant5 tTer¥d suhjeLt tc? L(IndiliiTrns M"hiLth hai'e rtot i)een md ai the end are ni)￿1 as a ¢ommiimenL bul n()1 acLrued a% expenditure. All expenditure is inclusive of irrecoierable VAT. Delamere Dairv Foundation For tht year endtd 31 Detember 2024 Accounting policie5 (continued) 2.5 Interest reteil'able Intertsl on funds held deFx)51t 15 included iihen recciiublc and the atn(iunl can be rneasured rell￿b]Y by the Charitv.. Ihi_% 1% nthmiJll) up)rt tl0lificaiii)n tsf the intcrL'si ]Mid or pa￿able by the irt%titulian ￿1th Hh(5m the lunds arL' dLrM)siteil. 2.6 TAxation 'I'hv C.hurii) is L(In.%idereJ t() Pass the le.415 i)ul in P4wugraph l %Lh¢Llul¢ 6 11( lh¢ l.'iniinLe ALt 211111 unLI ¢hLrL'li)r¢ li mceis ihl JLlinilii)n i)f J ¢haTithblL Lomp)n% ItiT IJK u)TrA)raiii)n puryK)%L8. ALLc)rLlinglv, th Lharit). IS WlLniio11)' excinp Irom thxaiion in res￿¢( ol. in¢ome or capitsl gain% rL*eii'cd wiihin caieBorie% ciiwerL'd b). C'hapter 3 l>art I l of ihe C-cbrp)rJiion 'l'ax Aa 2(TrIO i)r %eeiion 256 0l-thL .1 axaiion (Il. L'hargeable ins ALt 1992. 10 the LXlLni ihJi such inL()me or gains Jre Jpplied Lxclusi%'el!' to Lhariuble purpi)SL5. 2.7 Inve5tmtnt$ ixkd in1.￿lMentS ar¢ a forni or rinan¢Éal inqnjmcni and ar¢ initialll r¢cognis¢d ai ¢h¢ir iran%a¢liL)n ¢i)$i and suhsL'4u¢nilJ mLasur¢d ai (air ialu¢ ai lh¢ balana. lhi￿lI doi¢. lh¢ idluL Lannoi bL rn¥J%urL￿d rL'liabl>' in iYhiLh LJ%L' it Is mLJ%ufL,d ai LX)si I(.￿5 impainnL'ni. Ini'L￿(rnLnl 8Jin% und l(15%L*. IvhLihL'r rLJIi%L'd iir unTLali%Ld. aTL L(ImbinLd ￿lj prL%l￿Icd '(pain￿lI.()￿SL*1 ()n ini'L%imLnts' in ihc %laiL'mLnl i)l- linanLiJl aL'iivi¢iC%. 2.8 Cish si bank hand Ca%h at bank and in hand include5 L&th and 5hort-ILrym hi8hl)' liquid invesunLmLS iiith a shi)rt muturiij ()I'ihrLL m(Trnths or Ics5 frorn thL dalc ofacqui51tion or 0￿Ing ofthL dctx)sil or similar aLLX)unl. 2.9 Fin*n¢i*l in5trurtbeni$ The Chari1> onl). h&s finanLial assets and financial liabiliiies of a kind ihaL qualif>, &s ha%iL finanLial in.%lrumL'nls. B&siL linanLial insirumLnrs are iniiiajli ree08ni%L￿ al trJnsaLiinn i'aluL and %uh%L4uLntli' rncasurLd at thLLT SLYIILryllLnl i'aluc iiith the CXLLplion of bank loan5 i%hiLh arc sub5cqucnily mLasufLd al amortised cost Using the elTcclii"e lnier￿¢ tneihod. 2.10 Furtd #ttountlng (icneral lund5 are unre51ricied lund5 which are aiailable for use al ihe discrclion of ihe TTusIcc5 in turihcrancc ot the gcncral objeclii"e5 01-thc Charits. and ithich ha¥"c not ￿en dc5ignatcd tor othcr pur￿seS. Invesiment inLom¢. gains and 10&5¢5 a￿ allo¢aied io ihe appropria* fund. Pagell Delamere Dairv Foundation For tht year endtd 31 Detember 2024 Income from donations and legacies Ullrtstrlettd runds 2024 Ttstxl runds 2024 Toiul 20?3 Di)rt&tii)n% in C&%h 66,398 7.658 66J98 2fjl.3￿ 9.n79 Donations in Kind 74.056 ?l(J,445 Investmenl income Llnre5tri¢ttd fund5 21124 Totgl funds 2024 fiiiiU.% 2f)93 InlLrL%t ()n I'unds hcld dcrA)5il 17 17 An¥lysls of ¢xp¢ndltur¢ ¢harlt*bl¢ a¢ti%.Itl SummAry by fund type Unrestricttd fund5 2024 TotAI 2024 Toial 2023 Charitable donations made 9(J.169 90,169 jo.ooo Ath41ysi$ of tApcndi¢urt bv arlivitics Grant lundiDg or actii'ilie5 Total fund5 2024 Toial nits 2024 ChJritdble donalion5 rniide 90.169 911.169 30.nlp Page 12 Delamere Dairv Foundation For tht year endtd 31 Detember 2024 Other expenditure Ullrtstrlettd runds 2024 Ttstxl runds 2024 Toiul 20?3 Uiher resources expended 7.65¥ 7,658 9,079 Tru$te¢$' r¢muntr#tlon Ind expenses During th¢ Jear, no Trusle¢s r¢¢¢ii'¢d gni. remun¢rJiion orother ￿n¢fits (21J?3- £NILI. l)urin8 the Jeur ended I I l)ecernber 2024. no Trustee expenses haie been incu￿¢￿ (2(123- £NII.}. Cyrr¢nt asstt Investm¢n¢s 2024 2093 l.i8i¢d invc8im¢n¢s 731,062 31.715 Page IJ Delamere Dairv Foundation For tht year endtd 31 Detember 2024 Staternent of fund5 Staternent of fund5- turrenl )'e•r B*lAntt At 31 December Balance At I Jxnuarv 21124 GAin51 (Losses) Income EApenditure 2024 Unrtslrltted funds tienerdl l.und5- all lund5 687.977 74.073 197J271 69.947 734,170 SIAtCnbeni of funds- prior ye*r l Joniiury 21)23 311)L'L'£'nthLJV Income E¥pendiiNre (L(is,se.¥) unreltrltt￿ funds CiLnLrdl l.'unds' . all I'und5 4I1P. 195 ?10.452 139,1179) 36,4n9 I￿11, 977 SummAry offunds SummAry of fund5- eurrenl ye*r B#l#nee #t 31 Dettmber Balance *1 I J*DUary 2024 Galn51 I￿sseS} Income Expendilure 2024 O¢n¢ral tund5 687.977 74.073 973271 69.947 734.170 Summxry of fund5- prior year Bala￿e al l Joniiur). Bulance ul JOlPlS' 31 IlecenTbei' (La¥se.¥) 2023 Incon ndiliire 2023 tiencral tunds 48IP. 195 210.452 139.079) 36,4Q9 68Z,Y77 Page 14 Delamere Dairv Foundation For tht year endtd 31 Detember 2024 12. Analysis of net assets between fijnds Analy$i$ of nel a$5ets betwctn fuDd$- current period Unrtslritted funds 2024 Total funds 21124 Curr¢rtt ass¢is 734.170 734.170 Total 734.170 734,170 Analysis of net assets between funds- prior period brtre.Ilric'ied 2Q25 21123 C urrL'nt as&L*s 687.977 087.977 Total ON7. 977 C)117.97", 13. Related part). tran5*Ctions l)i?na¢ions tolallirtg £74.056 ￿tre re¢¢ifv¢d fn)m iklamere l)4in. Limiied. a ¢ompanN ihai has Common directors with th¢ ¢harl￿.. Page li