Chatiil" registr&itsn number 1192097 (England and Wale%l THE PETER HARRINGTON FOUNDATION Annu41 ￿port and un4udit¢d financial st4tements For the )'ear ended 31 December 2024 THE PETER HARRtIYGTOIY FOUNDATION LEGALAND ADMINISTRATIVE INFORMATION Thistees Mr R E Sandall MT P L HarTingi(In Mr Famonn O'l)omhnaill {Ap￿inted 5 1)ecernbeT 20241 ChArity number IEDglAnd and l*'alts) 1192097 Independent examiner WSM Adi'isor5 Limited Conneli Ilouse 133-137.41exandra Road Wimbl¢th)n SWl97JY THE PETER HARRtIYGTOIY FOUNDATION CONTENTS Page Trusiee5' report Independent examiner's rerM)rt 8tat¢m¢nt ol. linan¢ial a¢¢ivitic$ tatLmLnt ol'ia¥h 11(Trws Ni)tL% ti) thL finanLial slaiLmienis THE PETER HARRtIYGTOIY FOUNDATION TRUSTEES, REPORT For the )e4r ended 31 Dffember 2024 'I'he tru5ttes present thtiT annual reFKbrt and financial statements for the l'ear ended JI Decemkr 2U24. Thi PLsILr Harrirtgion Foundation is a Charitable Inu)TfA)taied Organisatitsn iegisterLsd 30 OLtr)1￿'r 2020 wilh Charity Commission undLr chariL> nUM￿r 1192097 and Companies Housc under rL8is￿yed nUm￿r CE023167. 'I'he linuncial siaternents have been prepared irb accordance ii.iih ihe accouniing pKilicies sei oul in ni)ie l li) Ihe financi￿11 slat¢rn¢nt% ' funds aciii'ities. for the public adi'anLc educaiion ol'pergms M'orking or aspiring to ￿￿rk within the rare ixy)k iradc in ¢he UK: rL'IiLI'L and assist PLopIL in n¢¢d in gni. pan orth¢ ivorld ii'ho are subj¢¢t ￿ p)i'¢rti' bN' w'ay of S￿la1 or LLI)nomiL LirLum%tanLe%'. rLliLI'L unLI PLiipIL in neLYI in an). part ofthe ivorld ii'ho arc the i'lClim$ ofu'aT or naiural di%&%lLr or LaiiLslr()phL'. prc)iidL ¥rdn¢s or th)naiions io ad￿￿￿¢¢ such charitsblc purp(bs¢$ laccording io ihc lam. of F.n¥land and 11.'ulesl us the trus1¢x￿ s¢¢ fil fr()m lim¢ ici lim¢. l)urin¥ 2(124 thL l(iundali(Trn has surwrtcd u nUrn￿ of local and naiionul LhuriiiLS in linL iviih i)ur purrrt)%L%. makin rant% in l(1 LYnirgLnL)' und appliLuli(In5 111 thi -I'rutsl Ir(?m rLgi5lLrl￿ churiliL4. WL al%ii LiiniinuLd iiur Iiin¥ ILrm lup￿7r1 i)I'ihL AIIA l.-duLaiii)nal-IN¥l. iihiih pr()m(IlLs and suprrt)ris LduLJiiiin Jnd rLi¢arLh in ihL liLld ill. rurL' h(icik%. and I'unJ¢d N¢hcilJr%hip% f£)r ih¢ir YAIIS pr()gramme. 'I'hi Iru%tLLS ha%'L puid duL TC8ard 8uidanLY issucd b). Ihc Chariti. C()mmissii)n in dcLidin8 whal aLlii'iliL% ihL Lhurit> sh()uld undLrtakL. Achievement5 and performance 'I'hL Foundati(In is proud lo ha￿C s￿￿50T¢d liyo altcndcc5 al thi York" Antiquarian 13(K)k %crninar in 2024. M'hich uim% t() hllp pc(Iplc lrttrr or grow a rarrcr in ihc on¢iquariJn ix)ok b)d¢. 05 14"¢ll J5 folliinuing ¢0 supp(irt lh¢ broadcr work of ih Antlqudrian Ilii(Ik%eller*' Al￿￿1￿114)n l.'duLdll(Indl 'l'nJsi. lThe Lhariii- al￿) L(Iniinued iii %uppirtLd inlemdiii)nJl ImLrgLnL) disJblLr rLIiLI' Lifi)rts and 14)Lal hospiials. Lth)kin8 11)Thi'ard 10 2025. Ihe TnIs1LL￿ haNL a8fLLd ihJt thL 111)rk i)I' thL Lharitv sh()uld locus morc 5pcLilicalI￿. on our corc objcctiics and 14.ill incrcasc SUPFK>ri of cduLaiion and training op￿rtunitIeS for ne￿. and pro5￿ctIv¢ mrmkr5 ofthe aniiquarian ixK>k trad¢. Financial review 'I'he l.oundation h35 unrc5triiXed fund5 r¢maining in th¢ bank ￿ ih¢ ¢nd of tht finanriJl ieaT i¥hich are availuble foT di%tributiiin c>fgrtint% and di%hur%emeni% in aLL(IrdtinL* li.iih the LhariL& % PLLrrA>%es and ￿hen the TnJ%iee% *e fit. It is the policN of thc ch42rih' th4?1 unrtstrictcd funds iihich hai'c not dcsignatcd for a spceific usc should maintained at a le￿.¢1 equivalent ¢0 iK¢He¢n thr¢¢ and 511 monih-5 Cl￿ndIture..lffie trustees consider that Tesern'e5 al this l¢v¢l ii-ill ¢nsur¢ that. in ¢h¢ ¢i-¢nt a 5ignifirani dtop in fundin& tho- i%'ill ￿ able lo cvnlinue lh¢ charilv s current aciiiiiies ii'hile LÉ)nsiderniion is giien io liai'% in %i.hiLh ad41iii()rtal fun&% ma}. be raised. Thi% lei'el of re%en'es h&$ been rnaintaincd throu8hout ihc Trcar. Stru¢ture* governanct man9gtment Thc charits. is govemcd bv a Foundaiion model constLIULiiin THE PETER HARRtIYGTON FOUNDATION TRUSTEES, REPORT (CONTINUED) For the )e4r ended 31 Dffember 2024 'I'he trustees ivho Serv￿ during th¢ l'ear and up to the date of signaiure ofihe financial statements were.. Mr R F. qanLlall Mr P L Ilarrington Ms S Caeihoi'en Mr Eamonn O'Domhnaill IResigned 5 December ?0241 IApp)inied 5 DccL'M￿* 20241 Peier Harringion retired by rotsiion on 2 Septrml*r 2024 and lias re*1¢¢￿1 for a further temi of ihree }ears. 'I'rusiec5 are selecied hal'ing regard to the skills. k[￿lI.1¢d8¢ and ￿perIenCe needed for ihe effeeiii'e administration ot-the ('IO. AptK)inlrnLnt l￿d rL-UPExiinlmLni is bv rcsuluiivn pusseil at a Ll)n%Lned nicLling (If thL'I ru%lLL%. NonL ol. lh¢ IrusteLS s an%, ￿nLI￿Lia1 in1¢r¢￿E in ih¢ ¢ompani'. All ol. lh¢ IWs￿ are m¢mb¢rs of lh¢ ¢ompanN and guarnniLx' 10 L￿ntribulL £1 in thL L%Lni ot'a %vindin8 UP. ThL Irus¢ec$' rLy)rt was approi'ul b). Ihc Board of TruSic￿. Mr l..amiinn l)'l)i)mhnaill Trustee 15 1)Ll(Iher 2025 THE PETER HARRtIYGTON FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PETER HARRINGTON FOUNDATION I rcwrt to ihc irus(ecs on m!. cxaminaiion ot-the flnanci￿ SL9￿ments of The Peter H￿rington Foundation Iihc Charit￿.) for the >'ear ended 31 Ikcember ?024. RtSP0115ibilities b*5is of report .l% IhL' Iru4iLL'.% ()l- thl Lhi￿lIN. Nc)u arL' rtrw)n8ible for the prepar*ion of the financial %ia¢ernenL% in ULLtsTdance i¥ith the requirL'mLmiS ol'the Chariiies.ILi 2011 Iihe 2011 ALtI. I report in respect of rny examination of the charily's financial siaiements carried out under S￿rtIOn 145 of the 2011 Act. In LurTh in¥ i)u¢ tnv ¢.¥amin￿lI1L￿n I hair foll()Med all the applicahle DireLii<)n4 giien the Charil) C'i)Din114%i(In und¢T tion 1451illbl ol'th¢ 201 l All. Independent exY4miner's statement Yi)ur ailLniii)n is drJii'n to thL IdLt Ihai Ihe chariiv has prepared financial stsiements in acei)rdance w'ith Accountin8 and IILP()rting L'haritlL% PTLparing IhciT dLLX)unLS in dLLX)nJancc i¥ith ihc l.inanLiJI RLrK)ning Suiidard appliLablL in the IIK RLpuhlii i)I' IrLland I l.'R% 11)21 in PTL.fLrl￿¢£. t() tht. AiL<)unting and Rl￿}ning h) ('IiaTlI)L%.' %iulLmLnl i1( RLLc)mmLnd¥d PraLtiLx' is%uLxl i)n l April ?(￿5 I4"hiLh is relcrrcJ 10 in ihc ex(ani rlgulaiions bui ha% noi¥ iK'Ln iv1ihdra￿n. undLr%tand that this has done in onler for financial sthiemeThls 10 proiide a ITUC and fair in acLI)rdancc with (iLnLrulli' ALLL'PILd AIL£)untin8 1)rnLtILe erreLtii'e fur rerA)rtin8 PL'riods hryinnin8 (In i)r afler l Januur). 21115. I hJi'c ¥ompl¢i¢d m) cxaminaiion. l ¢onlim) th91 no ma¢i¢rs hai'e ¢om¢ 10 mi. aii¢niion in ¢onnc¥iion i¥ith ihc IxJminttiic>n 811 ing m¢ ¢au.K' li) b¢li¢i¢S ihai in Jn%- mai¢rial rn'%p¢il'. dl¢()uniing r¥'¢()rd% i¥¢ri nc)I k¢pi in r¢%￿¢¢ c>l'ih¢ ihori¢)' #% r¢quir¢d b>. s¢¢iion 130 of¢h¢ C'.hariii¥% A¢1 2011. IhL IinunLial %tal¢mLnls Lh) n()i aLLI)rd ￿"11h th()%c rcLxbrds: OT thL lindnLial siatLmLnt% dii n(Trl L(}mpl￿. Iviih IhL JppliiablL fLyUITL'mLnLS LiinLL'rnin8 11)L l()rni and L()nlLnl iir ULL(iunls SLt out in ¢hL C'haritics IAL£ounls and RL ￿)rLs1 Rcgulalivns ?(K>8 ()thLr ihan un)" rL4uirLmLni Ihal ihL a¥¢()unis gifv¢ a tru¢ and fair vi¢ii- i%.hi¢h is noi a maii¢r ¢(Trn%iJ¢r¢d as part of an ind¢pLndeni eiaminullOI). I havL no LnnLLrn.s and havc u)me acr(>&s no ￿her mailers in u)nncclion v'ith the examination to Mhich alLLnLii)n shi)uld bc drawn in thi.% re￿rt in ordcr lo cnablc a prO￿r understanding of ihc financial 51atcmcnts ￿ bc Teachcd. Simon Marsh FCA WSM Advlsors Llmlted 133-137 Ale¥andra Road Wimblcdon SW197JY Dated.. 15 Octobcr 2025 THE PETER HARRtIYGTOIY FOUNDATION STATEMF.NT OF FINANCIALACTIVITIES Ir4CLUDING INCOME AND EXPENDITURE ACCOUNT For the )ear ended 31 Defember 2024 Unrestritted funds 2024 Unttstritted funds 2023 Notes Income fro￿. l)onuiions and legacies Invesirnents 44,893 42,866 Totgl income 44,900 42,86 Expenditure on: hariiable a¢iii'iiies 29,095 12.237 Total expenditure 29,IW5 12,2.17 Net It)com¢ ind mov¢m¢nt In futtds 15.1105 30.624 Reconclll4tion of fun(Is: l. und h&ilanLLs Ji l .lanLiar¥ 2024 74.248 43.619 Fund bilanees #131 Deeethber 2024 911.V53 74.2411 'I'hi stJl¢m¢ni ()f finan¢iJl a¢ti%'iti¢s inilud¢s 011 gains und I￿￿¢S r¢￿)gniSed in lh¢ )'¢Jr. All inLLirnC and L.XtKnditUTL deri￿¢ from continuin8 aciiv1liL￿. THE PETER HARRtIYGTOIY FOUNDATION BALANCE SHEET As 4t 31 Decernber 21124 2024 2023 riotts Current asset5 Dcbiors Cash at bank in hand 14.899 76.314 63.423 91.21J 75.404 Creditors.. gmounts fAlling due within one year 11.1601 N¢t Current Assets 90.053 74.248 The funds of the chgrity Unws¢riitid I'unds 90.053 74.248 YU.U53 74.24¥ 'I'hL linthnLial %ta¢¥mcn¢s wcr¢ appro%'cd bv the tru￿¢¢$ on 15 (k-¢(?bcr 2025 Mr l..am(Inn Il'l)(Imhnaill Trustee THE PETER HARRtIYGTOIY FOUNDATION STATEMENT OFCASH FLOWS For the )e4r ended 31 Dffember 2024 2024 2023 Cash flows from operating x¢ilvlilts Cash gLnL'rdtLd trom Or￿r￿li0rtS 12 12.884 17.426 In>esting a¢tivitie5 Iniesirnent inLome received N¢¢ ¢a$h g¢tt¢r*i¢d from Invtstlhg *¢ilvliks Net cash generated from financing aetivitie5 N¢t Inere*$e Its ¢￿h tash tqulv•l¢n¢$ 12.891 17,426 C'ush and cash equivalents at be8innin8 Ot'>'ear 6.1.423 45.9Y7 C#sh e#$h ¢qulv#ltn¢$ #t tttd ofvt4r 76.314 63.423 THE PETER HARRtIYGTON FOUNDATION NOTES TO THE FINANCIALSTATEMENTS For the )e4r ended 31 Dffember 2024 Atcounting pollcles c.harity inforrnation 'I'he Peter kla￿1n8¢0￿ l.oundaiion is a charip. Tegisiered in Lngland and Il'ales ￿1th the Charit). Commission under Lhurit}' nurnber 11921)97 and ( i)rnpaDies H(Iw5e under C-F.n2i l(17. The regis￿red ()Ifice 1% 11)0 Fulharn Riiad. London. $1I'3 6HS. 1.1 Basis of preparation Th¢ linanLiul 4Uletnenls ha￿¢ ￿¢￿ prepareij in aLLX)rdanLe %i"ith the charii!"s goi'erning doLumenL ihe ('harili¢s Ait 2011. l.'R% l(l? -I'he Fintsnciol RL￿Trrting StJ[td￿tI ￿IPpI1¢ahle in tht. IIK RepuhliL c)r Ir¢11￿￿. i-FR4 102.1 and IhL C'haritlLS %ORP"A¢wuniin8 and Rewrting bi L'hariii¢s." %taicniLni ol. ReLommended Practi¢¥ appliLahl¢ to LharitiLs prLparing thLir aLLounts in accordance iiith ihe l.inancial Rerx)rting %iandard applicable in ihc IIK and RepubliL i)l- Ireland IF R% 1021" lelleLllI'e l Januar). 20141. -I'he Lhdrii). is u l)ublic Ilenelil l..niili' &s deliiied b). FRS 1112. ThL linanLial slalement¥ haN'e dcparted from ihc C'haritic% IALcounL$ an¢J RLrrt)rLsl RLgulalion% 200tI (Inlv t() IhL L¥ILni rLNuirLd 10 pr(Ji'idL a IruL and fair i'iLi%-. 'lThi4 JLparturc has ini'oli'eJ li)Ili)i%'in¥ IhL 4thiLmLni i)I' RLLc)mmLnd¥d l)raL¢iL¥ ltir Lharili¥s appl! ing l.'R% 102 rn¢hLr th￿ Ihl i Lrsion ol-IhL siaiLmLni i)I' R¥Liimm¥nJLxl PrJ¢¢i¢¢ which is r¢l¢rr¢d io in lh¢ R¢gulaiions but iyhich h&$ $in¢¢ ￿lIhdra￿fft. 'I'hL Iinaniial S¢a¢¥m¢nts arn. pr¥par¢Q in ￿ly11n8. i¥hi¥h is thi. funiliojwl ol'ihi ¥harii%. M()niiary amount in IhLSC linancial sthtemLllis ofL' rOllr￿L￿ io lh¢ nLuresi £. 'I'hL linuniial %ts)tL'mLnLS have bccn pr¢par¢d under ihc hisiorittLI ￿*1 ¢{)nii¢ntion.'lkne principal accountin￿ tx)IiLiL8 ad(?Plixl urL out ix.loi¥. 1.2 Golng ¢on¢erts At ¢h¢ limi 1>1. appr()i"ing lh¢ fLnan¢iJl slai¢m¢nts. th¢ trus¢¢¢5 hai'¢ a r¢ag)nabl¢ ¢xpLxt#¢ii)n that ihL ihariii. lia8 JdL'4UJIL fL%()ufLL* tl) L(TrniinuL' in c)PLrJiii)nal e¥isienLe fi)r ihe fore4eL'dhlL fulure. lThu% ihL Ifu%iL'L% Li)niinuL ts) adopt Ihc 81)in8 Loncern basis ol'acLM)untin8 in prcparin8 ihe financial stalemenls. 1.3 Chxrltmble funds Unr¥'s¢ri¥tikd funds ar¢ availabl¢ for ￿¢ 01 ih¢ diKrdion of th¢ tno%i¢&s in futth¢ran¢e of th¢ir ¢haritsbl¢ Iibj¢¥XiN'¢S. 1.4 Income Inei)rnL is reLiIBni8Lxl when ihL charii). i.s le¥alli L'niiilLxi io li aller any ￿r[c)miance condiii(7n% haie been rnel. Ihe amounts Lan EK" mLasurLd rLliabl)'. and it is probablL thai inLomc li ill bc TLYcii'L￿. C'(￿h dvrtatiiins Jr¢ r¢Lii¥nis¢d on r¥r¢ipL. nth¢r diTrniLLion5 a￿ rviognisd onr¢ th¢ rharit). h#s bv¢n n(ItIf1￿ i?f th¢ di)naiiDn. unle.%% ￿rIO￿anCe L()ndiiitsn% require 41elerrnl ol"Ihe amouni. THE PETER HARRtIYGTON FOUNDATION NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) For the )e4r ended 31 Dffember 2024 Atcounting policies (Continued) 1.5 Expendlturt ExpenJilure is re¢(>grtised tsnce the￿ is a legal i)r ¢lJn%tru¢iii e i)blig#tioii 10 irJnsfeT t￿)nOMI¥ benelil ti) ) third part).. il is probable ihai a iranstcr of ee4)nomic t*netiis ii'ill ￿ rcquired in scitlcmcni. and the amount ot. the obligation can be measured reliabli.. F.¥￿ndItUTe 15 LIassili￿ b) aLlib'it)'. The ¢￿51¥ (If ￿L1]I'll). rnwle up of the l(itsl ()f dir¢Lt vosls und shured Losis. inlludirtg suptX)rt Losis iniolild in uthdL4tsk"ing L•¢h aL¢ii ill. DiT¢LI ¢tsSts aitributJbl¢ t() a singlc aciii il) arc allixated direLilv io that aLti%'ii%. SharL￿d l￿sts iihiLh coniribuie 10 mojr Ihan onL athiwiii and support Losts i%,hiLh are noi aitributable to a sin8le aLiii'it!' are ap[￿rtIoned bdii.een ihose aeiii'iiies on a basis consisieni ￿lih ihe use ol- re5(iurLL.%. C'Lntral siall-LostS dfL ullocatcd un thL imsis of lime sFxnL dnd dLprcLialiL)n LhdrgLs arc ulloLdiLd L)n ihL portii)n i>l'thL &4%LX'S use. GranL aiiards are reeognised once there is a l¢gal or eonsirueiiv¢ obli8aiion kn transf¢T economic benelii ￿ a ihird party. 1.6 C*$h 4nd e#sh ¢qulvaltrt¢$ C'J%h and ia%h ¢quii'al¢nis in¢lud¢ cash in hand. d¢Jx)%iis held al ¢011 14.iili hank's. i)Il)¢r shi)ri-i¢mi liquid iniL%imLnt% i¥iih c)ri8inal maiurities ofihree monihs or le&s. and hank o%'crdrdlLs. Ilank. oi'CTdrall% arL %hi)w'n ii'iiliin h(Irr(iwing7% in LurTLnt liabilitics. 1.7 FlnY4ncl*l InstrnmentS -I'hL LhaTlt& hi% LILLtLd li) appli. Ihl pr(11 isii)ns i)l- SLLliiin I l -IlasiL l.'inanLial InsvumcnLs und %LL(i()n 12 '()IhLT l.'inunLial In.%¢rumLni% 155UiS (bf l.'R% 102 t(b all ofiL4 linancial instrumLnts. FinanLial in.4lrumLnL% are rLKM)8ni%cd in ihe chariii s balance shed ￿hen the Lharit>' beLomcs pJrl>' ti) IhL' L(IniraLtual pnivi%i(In.s ()fihL' LnsirumLni. l inanLial asscts and liabililies arc olTs¢i. Ii'iih ihc n¢1 amounts prcscnicd in thc finanrial $￿ICMCnts. whln ihcrc is a l¢¥alli inl()r¥itthli ri¥hi i(1 %¢1 ofl- th¢ rn%J)8nis¢d amiiunts and th¢r¢ is an inicniion ￿ s¢iili on J nil bu%1% i)r ¢1) rLalisL. thL a&sLlt and SLitIlL ihL liabiliiv simulune()u41v. BosicfinanciTal ￿Sets IIJ%iL linanLial ￿￿￿elS. i*hich include debii)rs and cash and bank balanLes. are iniliall>- measured ai trnn%aLllI)n priLe inLludin8 transaLtion Losls and are subsLquenil)' carried ai amoriiscd LOSI usin8 thc Lllccliic inLerLs1 mLihiid unlL%S thc arrangement consiilutcs a financing transaclion. iyhcrc ihc transaclion is mcasured at thc PTcsLnt N"aluc ot. thc luturc rcicipts di5COUlltcd al a mark.et rale of inleT¢sI. l.'inancial a55e15 cla55ifi¢d a5 rectivablc Mithin onc vLaT arc niii am()rtis¢d. Busleflnanclal Ilabllllles RasiL findllfl41 liabili¢ie5, inLluding CT¢dits)T5 and bank l()an5 atr in1¢iall￿ i¢ciTrgni5fd a¢ Iran5a¢liort price Unless ihe arrangement Li)nsiiLuies a finanLing transtiL(ion. iihere the debi instrumeni is me&%ured al ihe present ialue i)f the lulurc pa>mcnt5 disLounied at a mark'ei fdlc of intcrcsi. Financial liabilLIjCS classitied as pa}'ablc %￿lIhIn onc Ncar are noi a￿OrtISed. Debt ins¢rum¢nis subb¢quentl)' rarricil at amortisd using th¢ Cffw¢i￿e ini¢rr5¢ rate mdhod. TradL Lreditors arc obligations to pai for go(xts or services ihat haNe becn acquircd in the ordinarv course of OFEration5 frotn Suppliers. Amounts pa!"able are rla5sified as current liabilities if pa!"Tnent is due u"ithin one Near or less. If n(It, Ih¢Tr ar¢ preS￿led a5 nL)n-iurT¢n¢ liabililie5. Tr3d¢ c￿17t0[5 are Teciigni5¢(l initially at tTansacti(In priL¢ and suhequently measured ai amortised c(>s( u%in8 the effertiie irtteresL method. THE PETER HARRtIYGTON FOUNDATION NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) For the )e4r ended 31 Dffember 2024 Atcounting policies (Continued) Derecogni¢ion offintyncial1ia￿Ii1ie5 FinanLial liabilities arc derecognised ivhen the ehariTh' s eontraaual obligaLions expire or are discharged or cancelled. CritlCAI *ttounting estimates and judgtments In thL' upplicutiiiD ()fihe Lhariti, % tsLLx)untin¥ TX)liLi¢K th¢ trw%t¢<% are r¢quireiJ ¢() muk¢ ju(IgL'tnL'nLs. ¢4litnut¢s and assumptions aTrx)ui ihL ¢#m ing amouni of#w*ts and li0bilitiL￿ thai arl noi l￿dI]v #pprL'ni Irom oth¢r sour¥Ls. 'I'he e%timates and assoLiaied assumpiions are based on historieal experience and OLher factors Ihai are considered to be TeleN'ani. Actual re5ulis maj. dilTer fTom these esiimaies. I'hL ¥stimaiLs and urtdLrl} ing assumpiions Jr¢ ithi¢J Jn ongoing basis. Rl￿11$10ns 10 JL¢ounting ¥siimaiL4 aiL ri'¢oBnix.d in (h& pirio4J in HhiLh th¥ L¥iimaiL is rl￿ is¢d i%hLY¢ ¢h¢ i¢iision alliLiS onli ihai wriod. oi in th¥ pLrioil ol-IhL' rL'￿i51t)n and luiur¢ pcriods iihere the r￿'1s1On all¢￿S ￿)th curr¢ni and luiure pcri(Ids. Ineome from don#tlon$ #tsd legacles Unrestricted fund$ 2024 Unrestricted furhds 2023 l)(>nutions und gills 44.8413 42.8(1() Intome from Investments UnTeslTlCted Unrestricted rund5 funds 2024 2023 Interest receii'able THE PETER HARRtIYGTON FOUNDATION NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) For the )e4r ended 31 Dffember 2024 Expellditure oll ¢barit&ble *¢livitits c.haritable aetliltles 2024 c.haritable 21123 Direct ¢osts Cjrtint I'unding ol-aL¢lI'ilies 27.800 10,918 Share of support and governance tosts15ee Ibote 61 CiOI'ernanLL .295 1.31 29,095 12,237 Anglysis by fund UnrL'siriiied lunds 29.095 12.217 Support ¢ostS gllocated to Attlvltles 2024 2023 li(>vkrndn¢i ¢o%is 1.295 Analysed between: 1.295 1.319 2024 2023 Govtrnfinct tosts tomprise: Accountancy Bank ihargcs 135 189 1.295 Trustees Ntsne of ihe tnisiees l()r an). ￿r8{)n$ conneLxed ivith them) reLei%'ed an!. remuneraiion 4)r kenefiis fmm ihe charily durin8 the iLar. Employees Thc ai'era8c monthl) numtr*r of cmplol'ees during the I.￿r iv&s O12023= 01. 10- THE PETER HARRtIYGTON FOUNDATION NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) For the )e4r ended 31 Dffember 2024 Debtors 21124 2023 Amount5 falling due within one year- Accrued income 14.899 10 Creditors: amounts falling due within one vear 2024 2023 ALLrua15 1.160 .156 1.160 Related party transactions 'I'herL ￿ere nu disLI()5able related parti. irdnsaciions durin8 ihe )'ear. 12 Cash gtnergted from oper#tio•$ 2024 2023 Siirplu% l()r thL )L'ar 15.805 311.(129 AdJu$¢m¢rtts for., Ini'LsimLnt in￿)￿¢ r¢rognis¢d in 51atcmcnt of financial a¢tii"ilies Moverntnts In worklng capital.. IlnLr¥iLwI irt dibii?r5 Inc￿&5¢/(drcrcaScl in crcdilors 12.9181 11.2221 CAsh genergted from oper*tioDs 12.884 17.426 IJ AnAIy5i5 ofthange5 in net funds Th¢ (h￿ltY hail no mdl¢ridl durin¥ th¢ )"¢Jr.