Chartty registration number. 1191897 Company registration wfflber." 12436438 The Jean Lanning Foundation Iumfted by Guarantee wtthout havlng a Share capllal) Annual Report and Financial Statements Year Ended 31 January 2026 *AFIU9QID* 11105r2026 COMPANIES MOUSE A9 #247 Tho Joan Lannlng Foundation Annual Report and Flnancial Statements- Year Ended 31 January 2020 Conlonts Page Charity Reference and AdM￿l$tratiVe Delalls Truslee$' Annual Report {Including Dlredors, Report) Independent AudFtor's Report ststement of Financial Aclivities 4-5 Balance Sheet Statement of Cash Flows Notgs to the Finandal Statements 12 Th• J•an Lanning Foundatlon ¢harlty Reference and Adminlstrativ• Detsils - Year Ended 31 January 2026 Charlty reglstrotlon number 1191897 Company reglstratlon numb•r 12436438 L Janaway C Kisko C Bailey Roglstered offlco Floor 8 71 Queen Victorta Street London EC4V 4AY Audltor Cochrane & Co Accountants Limited 38 Kings Road Leeryon-the-solent Hampshire P013 9NU Sollcltor Wedlake Bell LLP 71 Queen Victoria Street London EC4V 4AY Page 1 of 12 The Jean Lanning Foundatlon Trustees. Annual Report (Including Dlrectors Report) - Year Ended 31 January 2026 The Trustee8 P￿sent their re￿rt and trte audited financial statements of the Charity for year ended 31 ' January 2026. The trustees have adopted the provisions of the Statement of Re¢ommended Practice {SORP) °A¢counling and Reporting by Charities. in prepafing the annual report and financial statements ofthe charity. Trustaes of the Gharlty The diredors of the charitabfe company are its trustees forthe purposes of charity law. The trustses who have served during th• yaar and $in¢o the year-end were as follows: L Jan8way C Kisko C Bailoy ObJectlv•s and actlvltles The purposes of the foundation aro; tho advan¢ement of heallh for publlc ￿ftefrt by supportlng the Rom$ Hospital and such other hospitals as operated by th& Southem Health NHS Foundation Trust and the advancement and promotion of knowledge and education by woviding funds to support medical research for the publi¢ benefit In all aspe¢ts of healthcare. The foundation is aimed al providing financlal assistance to fund Items and services not required to be provided by statutory authorities arKI medical Te5earch. tho useful results of which wiu be published. Publlc bonefit statemenl The charity alms to assist the advan¢ement of healthcare for publlc benefft. The tsu8te8s have had regard to the Charfty Commlsslon guldance. Structur•* 90￿Man¢• and managqment The Jean Lanning Foundation wa$ ¢on$tituted as company Ilmited by guarantee. on 31 January 2020. The power to appoint new or additional trustees is vested in the trusl8es. The number of trustees shall not be less than three persons and shall not be greater than five persons at any one time. Apart from the first three trustee$ all trustees serve a Ihree-year term and upon retiring are ell9lble for reappoiDlment. Llabilitl&s of the directors is restricted to £1 eath. The trustees wrfl allocate the funds of the Foundation, and 811 disbursements will be rnonitored and assessed for their appropriateness in line with its charttable objectives. Achlevements and perfornianc•'Grnnts awarded. During thg year the Foundation made donations tolalling £165,000 to support the advancement of health for public benefit in line with its charitsbl¢ Obje￿IveS. Of this total, £150.000 was granted to the Canlne Geneli¢s Centr8 at the Universlty of Cambridge 8nd £15.IXJO to Haemochromatosis UK Trustees. r•sponslbillti•s The Trusto09 (who arè also Dirèctors of Tho Jean Lanning Foundallon for tho purpos9$ of Company law) are reswnsiblo for preparing the Trustses, Annual R8port and the financial statements In accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountlng Pra¢ti¢o). Company law requires the Trustees to prepare financial statements for each finandal year, which glve a true and fair vitw of the state of affairs of the charitable group and of the incoming resources and application of resour￿$. including the income and expenditurè. of th6 d)aritsble group for that period. In preparing these financial statements, the Trustees are required to: select suitable accountlng policies and then apply them consi5tently- observe the methods and prfnciples in the Charitie$ SORP 2019 IFRS 1021: make judgements and estimates that are reasonable and prudent. prepare th8 fin8nclal statements on the going concern basis unless it ts inappropriate to presume that the Company wdl continue in operation. The Tnjstees are reswn5ible for keeping proper accounting records whlch disclose wllh reasonable accuracy al any time the financial position ofthe Charitable Company and the group and enable them io ensur8 Ihat the financial Statements comply with the Companies 2006. They are also responsible for safeguarding the asset5 Qfthg Charitable Company and the group and hen¢efoF tsking reasonable steps fow th8 prevention and detection of fraud and other irregularitles. Page 2 of 12 Tho Jean Lannlng Foundatlon Trustoes, Annual Report (Includlng Dlrectors Report) - Year Ended 31 January 2026 DIsGlosure of Inlomiatlon to Ihe audltors We, the direct(￿ of the company who held office at the date of approval of these Financial Statements as set out above each confimi. so far a5 wo are aware. that.. there Is no relevant audit ink)rmation of whrch Ihg company's auditors are unaware: and we have taken all tha steps that wa oughl to have taken as directors In order to make ourselves aware of afty relevant audit infomwtion and to estabftsh that the company's auditors are awa￿ ol that Information. In approving th& Trustses. Annual Report, in our caparyty as company dir•clors. On behalf of the board. Lee Janaway. Trustee Page 3 of 12 The Jean Lannlng Foundatlon Independent Auditor's Report to the Trust•es of th• Jean Lannlng Foundation Year Ended 31 January 2026 Oplnlon We have audited the financial statements of The Jean Lanning Foundation for the year ended 31 January 2026 which comprise the Slalem8nt of Financial Activities. the Balance Sheet. the Cash Flow Slalemenl and the related notes to the financ181 statements, including a summary of sign4r￿ant accounting policies. Thé finan¢lal reporting frarnework that has been applied in their preparation Is appllcable law and United langdom Ac¢ountlng Standards. including Finan¢ial Reportlng SLqndard 102 The Financial Re￿rtIng Standard applicable in tha UKand Republic of Ireland (United Kingdom Generalty Accepted Accounting Practice). Use ol th1• roport This report Is made solely to thè charltable company's trustees, as a body, in accordanc8 wilh Part 4 of tho Charities (accounts and Reports} Regulations 2008. Our audit work has been undertaken so thal we might state to Ihe Charitab￿ CoMpan￿S members those mattsrs are required lo stste to them In an audilorfs report and for no other purpose. To the fullèst exi8nt pemiitted by law, we do not accept or assume respon$lbllity to anyone other than the char6tsble company and the charitable company's trustees as a body or our audtt work. for thls report. or for the opinions wg have fomed. In our opinion the financial 5tatements'. give a true and fair view oflhe state of the Gompany's affalrs as at 31 January 2026. and of its incoming ources and application of resources. Includlng Its Income and expenditure. for the year then ended: have been properly prepared in acc￿rdanCe with United Kingdom Generally Accepted A￿OuntIng Pra¢ti¢e,' and have bean prepared In accordance with the requirements of the Cornpantes A¢t 21x16 a515 for opinlon We conducted our audll In accordance with Intematsonal Standards on Auditing {UK) {ISAs (UKII and applicable law. Our responsibilities underthose standards are furtherdescribed in Ihe Auditorfs responsibilhies for the audil of the financial statements se¢tion of our reporL We are Independent of the group and parent haritable comparby in accordance with the ethical ffjqulrements Ihat are relevant lo our audit of ihe financial statements in the UK. induding the FRC'S Ethical Standard. and we have lulfilled our other gthical responsibilibws in accordance with these requirements. We belleve that the aud6t evidence we have obtained is sufficient and appropriate to provide 8 basis for our opinion. Concluslon8 r•latlng to golng concern In auditing the ffinancial statements, we have concluded that the trustees. use of the going concern basis of a¢¢ounting in the preparation of the financial statements is appropriate. Based on the work we have p¢rf¢miad, we heve not identifbgd any material uncertainties relating to events or Gonditions that, indlvlduaxy or collectivély, may cast signrflcant doubl on the charitablg coMpan￿S ability to Gontinu• as a going ¢oncgm for a pgriod of atloast ￿e1v0 months from when the financial ststements are aulhorised for Issue. Our r9sponsibillties and the responsibilities of the tru$te&s with r￿peCt to going con¢em are described ￿ the relevant seclions of thi5 report. Other Infomiation The trustees aR responsible for thg Other information. The othgr information ¢omprises the Information included In the trustees, annual report, other than the financial statements and our audttofs report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent olherwise expliGilly ststed in our report. we do not express any form of assuranco ￿ndus5on thereon. In connection with our audit of the financial statements. our responslbllity is lo read the other Infomialion and, In doing so. consider whether the other information is materlally inconsistent with the ffinancial statements or our knowledge obtained in the audtt or otherwise appears to be malerlally misstated. If we Identify such material inconsistencles or apparent material misstatements. we are required to delemine whether there is a material rni55tatement in thg financial statements or a material misstatem8nt of the 0th8r information. If. based on the work we have perfomi8d. we ojnclude that there is a material misstatemont of this other infomiation, we are required to ￿POrt that fact We have nothing to rgport in thi$ regard. Page 4of 12 The Jean Lannlng Foundatlon . Indopendant Auditor's Report to the Trusteos of thè Joan Lannlng Foundation Year Ended 31 January 2026 Mattern on whlch we are requlred to report by exceptlon We have nothing to report in respect of the followlng matters In relation to whtch th8 Charities I8￿0Unts and Rgports} Regulations 2008 requlre us to report to you ff. In our opinlon.. the InfoTmallon gfven In the financial statements is inconsistent in any mateilal respect with the trustees. report: or Ihe charitable company has not kept adequate accountlng records; or the finanaal Statements are not in agreement with the accounting records and retums: or we have not receivod all the infomiatlon and explanations w• require for our audiL Responsibilities of trust•es As gxplained more fully in the Irustees. responsibilities ststemenl set out on page 2, the trusleos (who are also directors of the charitsble company for the purposes of company law) are responsiblè for the preparation of the finan¢lal statements and for belng satisfied that they give a true and fair view, and for such intemal control a$ lh8 trustees delermine is nacessary to 8nable the preparation of financial statements that are free from material misstatemenl, whether due to fraud or e￿or. In preparing the financial stslemonts. the trustees are responsible for assessing the charitable company's ability to continue as a going concem. discloslng. as applicable, matters related lo going ¢on¢em and uslng the going con¢em basis of accounting unless Ihe trustees erther Intend to liquidate the group or the parent charitable company or to cease op8ratlons, or have no realistic altemaltve but to do so. Avdito¢s rosponsibililies for the audll of Ihe finan¢ial statom•nts We have been appointed as audltor under section 144 of the charities AGt 2011 {as amended) arFd report In accordance wllh regulations made under se¢llon 154 of that Acl. Our objectives are to obtain reasonable assurance about wheth6r thè financial statements as a whole are frea from rnaterial misslaternent. whether due to fraud or effor, and lo issue an auditoVs report that indudes our opinion. Reasonable as$urance Is a high level of a$suranGe but ts not a guarantee that an audit conducted in accordar￿e with ISAS {UK) will always delect a material misstatement when il exists. Misstatemanls can arise from fraud or error and are considered material if, individually or In the aggregate. they could reasonably be expected to influence the economic declslons of users taken on the basis of these financial statements. Irregularities, Including fraud, are instances of non-compliance with laws and regulations. We design proCedu￿S In line with our rO$F)onsibilities, outlined above, to detgct material misstatements In respect of irregularlties, induding fraud. The extpnt to which our procedures ar8 Gapable of detecting irre9ularities, includlrtg fraud is detailed beli)w'. Because of th8 inherent limitations of an audi( there Is a risk that w& wlll not detect all irregularities, in¢luding those leading to a material misstatement in the financial ststements or non-compliance wilh regulation. Thls risk increases the more that compliance with a law or regulation Is removed from the events and transactions reflected in thefinanctal stalernents, as we will be1gs5 likely to bec(￿¢ aware of instanGes of non-compliance. The rfsk Trs also gr•at¢r wardin9 Irregularities occurrin9 due to fraud rathor than ?rror. as frau¢J Involves intentional concealment. forgery. collusion. omission or misrepresentation. As w& aro able to wviow all transactions in the year, it is felt OUT ¢han¢é of detection 1$ increased. A fvrther description of our regkYJnsthJililies for the audit of the flnanclal ststements Is to¢ated on the Finanaal Reporting Council's IFRCI website at: www.frc.org.ukAlbrarylxtAndards-codes-policylaudit-assurancewand- ¢thicslauditors-respon5ibililtes-for-the-audlV. This description forms part of our auditofs report, We communicate wlth those charged with governan¢e regarding, among other matters, the planned scope and tsming of the audit and signlfi¢ant audit findings, including any slgnificant deficiencies in internal control that we identrfy during our audit. Joanne Cochran8 Bsc FCA (Senior Stslulory Auditor), For and on behalf of Cochrane & Co Accountants Limited. Accountants and Statutory Auditors 38 Kings Road Lefron-the-solent P013 9NU Page 5 of 12 Tho Joan Lanning Foundatlon Statement of Financlal Actlvitle$ Yoar Endod 31 January 2026 2026 2026 2025 Unr••tthted funds Total Total lnr.ome and endovmients from: Don8tlons and legacies Interest receivable 896 133.691 122,605 122,605 Total In¢omg and endovnn•nts 122,605 122,605 134.487 Expendlture on: Charitable activlties (165,000) 1165.000) (62.7001 Govemance arKI support costs {17,1101 (17,110) {17,696) Total •xpondlfyr• (182,1101 (182.110) (80,396) Net income I l•xynditur•) (59,505} (59,505} 54.091 Not mOVom•nt In funds (59,505) (59,505) 54.091 Reconclllatlon of funds: Totsl funds brought forward 3.234,331 3.234,331 3,180,240 Totsl fund8 carried forward 3.174,826 3,174.826 3,234.331 All income and exponditure derivo from continuing aclivities. Pag8 6of 12 The Jean Lannlng Foundatlon Balance Sheet - Year Ended 31 January 2026 2026 2025 Cuffent assets D•htnTS Cash at bank and In hand b7,966 3.111,078 66.157 3.172.194 3,179,044 3,238,351 Cr•dltor•'. amounts falllng due wllhlii tsi1• y•ar (4.218) (4,020) Net ¢urront as80ts 1 {Ilabiliti6s) 3.174,826 3.234.331 Total as8ets188$ curr•nt Ilabllltles 3.174.826 3,234.331 Net assets l (Ilabllltles) excludlng p•nslon Ilablllty 3.174.826 3,234.331 Not assets l (IlablI￿o5) 3,174,826 3.234,331 Charity Funds Unrestricted funds 3,174,826 3,234,331 Total charity funds l (dellclt) 3.174.826 3.234.331 The financial statements were approved and authorised for issu8 by the Board on Signed on behalf of the board of trustees Lee Jana The notes on pages 9 to 12 fomi part of these financial statements. Company registration number.. 12436438 Page 7 of 12 Th• Jean Lannlng Foundatlon statement of Cash Flows - Year Ended 31 January 2026 211215 2025 Cash Ilow from operallng actfvltlos Interost paid 10 181.912 79.386 Not cash Ilow from 0￿ratIng actlvltle8 181.912 79,386 Cash flow from Investlng actlvltles Intarest received 120,796 123,680 Not cash flow from inv•sling acthiltles 120,796 123,680 Cash Ilow from Ilnanclng actlvldes N•t cash flow from finan¢ing actlvltles Net Increase l {decrease) In ¢ash and ¢ash equlvalents (61.116) 44,294 Cash and cash oqulvolonts at slart date 01 February 2025 3.'172.194 3,121,90ts Cash and cosh gqulvalenls at end dato 31 January 2026 3111.078 3.172,194 Cash and ¢ash equivalents ¢onsigts ofr. Cash at bank and in hand Short term deposits 3.111,078 3.172,194 Cash and ca$h equfvalents at end date 31 January 2026 3,111078 3.172.194 Page 8 of 12 The Jean Lanning Foundation Not•8 to the Flnanclal Statsmonts - Y•ar End•d 31 January 2026 Summary of signifiGant accounting policies (a) General information and basls of preparation The Jean Lanning Foundation is a constituted as a limited company In England. The address of th¢ registsred office is given In the charity information on page 1 of Ihese financlal statements. The nature of tha rharlvs operallons and principal activities ar• the athanG¥Jiiient of health for pUt￿1G bérl8llL The charty constltutes a publ1¢ bonofft ￿ as defined by FRS 102. The financial statements have been prepared in accordance Accounting and Reportlng by Charilles: Statem8nt of Recommended PraGti (SORPI applicable to charities preparing th&lr accounts in accordance wMh the Financial R8POrtin9 Standard applicable in the UK and Republi¢ of Ireland issuod in October 2019, thè Financlal Raporting Standard applicable in the Untted Kingdom and Republic of Ireland IFRS 102). thè Charities Act 2011 (as 8mended). the UK Generally Accepted Ac(￿Unting Practice and Companles Act 2006. The financl81 statements are prepared on a going Col￿n b8Sig under ttle historical eost conventlon, modified to include certaln items at fair valu8. The financial statements are presentsd in sterling which is the fvnctional ¢JJrrency of the tharity and rounded to the nearest £0. The significantaccounting policies applied in the preparation ofthese financial statements are sel out below. These policies have been consistenly applied to all years presented u￿9$S othen+Jl88 Stated. (b) Funds Unrestricted funds are available for use at the discretion of tha trustees in furtherance of the general objectives of the ¢harlty and which have not been designatsd for other purposes. The charity has no restrtcted or endowment funds. (¢) Income recognttion Al incoming resources are in¢luded In the Statement of Financial Actlvlties (SOFA} when Ihe charity Is legally enliued lo the income after any perfomiance condllions have been met. the amount can be measured reliabiy. and it is probable that Incom8 will be received. For donations to be recognlsed the charity wdl have been notified of the amounts and the $etUement date in wrfling. If Ihere are conditions attached to the donation and this requires a18vel of perfomance before entitlemènt ¢an bt obtained, then income is deferred until those conditions are fully met or the fvlfilment of th1)58 conditions is within the control of the charity. and it is probable that they will bo fulfilled. For legacle$. entitlemgnt is the earller of the charity being notified of an impendlng dlstribution or the legacy boing received. At this polnt incomo is récogniséd. On o¢c4sion legacios will be notrfied to thè tharity however it Is not possible to measur8 th• amount 9XP¢Cted to bg distributed. On these occasions, the legacy Is traaled as a contin9ent asset and disclosed. Investment Income is eamed through holdin9 assets for investment PUfPOS8s such as shares and prop8ty. It includes dividerKls, interest and rent. Where it 1$ not pra¢ti¢able to identsfy investment management costs Ir￿￿￿ed within 8 scheme with T8asonable accuracy the investrnerbt income is reported nel of these costs. tt 1$ in¢luded when the amount Can be measured rellably. Interest income Is recogni8ed using the effective interest m8thod and divKl8nd and rent income is recognised as the tharity's right to receive paymént 1$ established. (dl expondituro rownition All expenditure is accounted foron an accruals basis and has been classified under headings that aggregale all costs related to the category. Expenditure is recc#Jnlsed Whe￿ there 1$ a legal or rAJnstructive obligalion to make payments to third parties. it is probable that the settlement will be required, and the amount of the obligalion Can be measured reliably. ft15 GategoTisgJ under the foltowlng headings: Costs of raising funds-, Expenditure on charitabl? acllvltles: and Page 9of12 The Jean Lannlng Foundatlon Notes to the Financlal Statements - Yoar Ended 31 January 2026 other expenditure represents those Items not falllng Into the categories above. Irrecoverable VAT is charged as an expense against the activty for whiGh eynditure anjse. Grants payable to third parties are wlthin the charitable objectives. Where un¢ondhional grants are offered. If¥$ b accnjed as soon as the recipient is notified of the grant. a$ Ihis gives rise to a reasonable expectation that the Tedpiont will receive the grants. Where grants are condltlon81 re18ting to performance then the grant Is only accrued when any unlulfilled condwons are outside of tho control ot the ¢h8rity. {*) Support eosts allocatlon SupFWJrt costs are those that assist the work of th8 charNy bul do not dlre¢tly repr8s8nt charitable activitles and includ8 office costs, govemance costs. administrative payroll costs. Theyare Incurred dlrecuy in support of expenditure on the objects of the ¢harity and indudo proj$ct management carried out at Headquarters. Where support costs cannot be directly attributed to particular hoadings thgy have beèn allo¢atfjd to cost of raislng lunds and expenditure on charitable actlvilies on a basis conslstent wlth u8& of the resources. Fund-raislng costs are those inGuTred in seekiTrJ voluntsry Gontributions and do not Include the costs of dlsseminating Information in support of the charilable activities. (fj D•btors and mdilovs recelvable I payable wllhln one yoar Debtors and crediiors w¢th no staled interest rate and receNable or payable within one year are recorded at transaction price. Any losses arising from impairnent are recognised in expenditure. {g) Provlslons Provisions are recognised when tho ¢harity has an obligation at the balance sheet date as a resull of a past event. it is probable that an ouffiow of economic benefits will be required in settlernent and the amount can be rellably estimated. (h) Tax The charty is an exempt charity within the mthning of schedule 3 of the Charities Act 2011 (as amended) and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and theiefore it meets the definiknon of a charitable company for UK corporation lax purpose8. (l) Golng COn￿M The financial statements have been prepared on a going concem basis as the trustees believe thal no material uncertainties exist. The trustees have considéred the level of funds held and the expected level of income anu expenditur8 for 12 month$ from aulhori$ing theso financial statements. Thg budgeted income and gxpgndilwe is $uffi¢iont with the lavel of reserves for tharity to be able to continue as a going concem. Ul Judgements and key sourcos of estlmation uncertalnty No signlfi¢anl judgements have been made In the process of applylng the above accounting policies. Page 10of 12 Tho Jean Lannlng Foundatlon Notes to the Financlal SLitoments - Year Ended 31 January 2026 Income from d (4.218) (10.3881 {4,020) 110.3331 1192} 99 17.696 Audito￿* r•munoralion The auditorfs r8muneratlon amounts to an audit fee of £4.218 (2025.. £4.0201. Trustees. and key mJn•oement personnel remuneratlon and expenses Th8 trustees relmbursed expens88 during the year were £2,086 (2025.. £1,892). No employee r￿1ved remunerath)n exceeding £60,000 in ellher financlal year. Page 11 of12 Tho Jean Lannlng Foundatlon Notes to tho Flnandal S&itements - Year Endgd 31 January 2026 Debtors 2026 2025 Other debtors Prepayments and a¢¢Tued Incoma 172 67,794 172 65,985 Credltots: amounts falling du• wlthin one year 2026 2025 Accruals and deferréd ineomè 4.218 4,020 Fund reconeillalitin UnreslriGtsd funds Balanc• at 2025 Incorne E¥p•ndiiuY* Transfers G•ln•l (los¥•sl Balan￿ at Unrestricted 3,234,331 122.605 (182,110) 3.174.826 10 Re¢onclllatlon of net Income l {expendllure) to nel cash Ilow from operatlng actlvltles 2026 2025 Net In¢ome l (expenditure) for year {59.505) 54,091 Interest receiveble Increas81 (d8creasa) in ¢r8diiors (122,6051 198 {133,591) 114 Net cash flow from operating advlllos 181,912 T9,386 11 Related paty iransactlons There wa$ no related pafty tr￿SactIOn as defined by th8 Financial Reporting Standard 102 during the year. (2025: £920. the settlement of the Lanning estate produced a lax charge paid by the Foundation). 12 Future charltablo commitmfrnts The foundation has committed £1,200,000 to support Oakhaven Hospi¢e. The donatlon will be pakl In instalmgnts starting during the financial year-ended 31st January 2027. Further Commitments remain in spect to the Canine Genetics Centre at the University of Cambridge with outslandlng commSlments totalling £395.004 (2025= £150,000) of which £357,281 Is expected lo be payab18 Wlthin one year. No liability has been recognised in respect of the remaining grant instslments at the balance $he¢t date. as payment of future instslrnents is conditional upon Ihe reclpients complying Nvlth the terms of the respective grant agreements. The trustees retain discretion to withdraw fundlng where those conditions are nol met, and accordingly no pre$ent obligation existed at the rerthing date. Page 12 of 12