The Loui5 de Wet Foundation Registered charity number 1192387 Unaudited Financial Statements Year ended 31st December 2025 The Loui5 de Wet Foundation Financial statements for the year ended 31st De￿rnber 2025 Reference and administration details Charity re8istrntion number 1192387 Registered office address Wenlock Abbey Barrow Street Much Wenlock TF13 6EN Accountants TCA Ishrewsburyl LLP Third Floor 21 St Mary's Street Shrewsbury Shropshire SYI IED Bankers Virgin Money 154-158 Kensington High Street London W8 7RL Handelsbanken Shrewsbury Business Park Michael Place Anchorage Avenue Shrewsbury SY2 6FG Sollcltors Aaron & Partners Lakeside House Oxon Business Park Shrewsbury SY3 5HJ Trustees GMDeWet J E Cowburn S E Murray DTShaw The Louts dÈ Wtt Foundatson Finaniial statements for the year ended 31st December 2025 Contents Pale Trustees. rep¢xt Independent Exarnlners report Recelpts and payments account Statement of funds The Louis dè Wet Foundation Trustees Report for the year ended 315t December 2025 The Trustèes of The Louis de Wet Foundation are pleased to present therr report and the financial staternents foi the vear ended 31st December 2025. StNcture. gtsvernan￿ and mana8ement The charity was registered with the Charity Commission as a trust on 18th November 2020 and is governed by a Trust Deeil dated 18th May 2020. Oblectl¥es and artivitie5 The trustees shall hold the capital and income of the trust fund upon trust to apply the income and all or such part or parts of the capital for the pubSic bÈn?fit at such time or times and in such manner as the trustees may in their absolule discretion think fit for or towards-. lal the preservation. protection and improvement of Wenlock Abw indudin8 its ancillary buildings and 8ardens.' Ibl the pre5ervalion. protection and improvement of all furniture. pictures. historic records. tx)oks, manuscripts, sculptures. muniments. porcelain. silver and gold. objetts d'art anil other chatte15 or items of historic, artistlc Of scientifK Trnieie5t associated with or displayed in Wenlock Abbey; Icl the encouragement of the provision of access to and thè study of Wenlock Abbey and its preservation and enhancement by the artist louis de wet iogether with all its ancillary buildings and gardens. furniture. pirture5 and other chattels or items. by members of the general public,. and Idl the educattron of the general public and in particulèr. but without prejudice to the generality of the foregoin8:_ lil the increase in their knowledge. understanding and appreciation of any matters of historic. artistic. architectural. aesthetic or scientific interest-. and liilthe promotion of the Study of horticulture and ecology. The Trustees have had due regard to the revised Charity Commission guidance on public benefit Mèthods used to recruit and appolnt new trustees In actordance with the Trust Deed the power to appoini new trvstees shall be vested in the Settlor, G M De Wet, during her lifetime and thereafter in the Trustees. Financlal re¥lew and reserve5 polici Dufing the financial year the charity re￿IVed unrestritted donations of £68.963 and incurred costs of £21,020. The freè reserve5 of the charity at the year end were £74,74512024= £26.8021. The Board have no concern5 about the chariws ability to wntinue as a going concern. The reserves FK)liry 15 to hold suificient funds to ensure the objectives of the Trust 3rÈ met and the Board will continue to monitor thi5 going forward. The Louis de Wet Foundatlon Trustees Report for the yearended 31st December 2025 as15 of Accountln8 The accounts of the charity have been prepared on a receipts and payments basis in accordance with cha¥lty regulations. Future plans On 27ttt March 2025 a Charitable Incorporated Organisation I CIO'I was registered with the Charity Commission. a150 called The Louis de Wet Foundation (Charity number 12127191 and it is the Trustees, intention to transfer the assets of this charitable trust into the CIO and eventually close this charitable trust. This report Wa5 approved by the 8oard and signed on its behalf bv GMDeWet Trustèe Date- 18th June 2026 The Louis de Wet Foundation Indtpendenl Examiners Report for the year ended 31st DecÈmbÈr 2025 I report to the charity trustees on my examination of the accounts of the charity for the year ended 31st December 2025 which are Set out on pages 4 to 5. Thi5 report is made solely to the chaTiWs trustees, as a bodyi in Bccordance with section 145 of the Charities Act 2011 and regulations made under section 154 of that Act. My work has been undertaken 50 that I might state to the chariws trustee5 those matters l am required to state to them in an Independent Examiners Report and for no other purpose. To the fullest extent permitted by law. I ijo not accept or assume responsibility to anyone other than the charity and the charitvs trustees as a body, lor my work or for this report. Responslbllltles and basis of report As the charity's tru5tee5 you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act'l I report in respett ol my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145lSllbl of the Act. Indepèndènt Exarniner'5 Statement I have completed my examination. I confirm that no material rnatters have come to my attention in connection with thè examination giving me cause to believe that in any material respect-. accounting records were not kept in respect of the charity as required by section 130 of the Act.. or the accounts do not aceord with those records. I have no concerns and have come across no other matter5 in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mrs C L MoÈlwyn-Wllliams Bsc FCA TCA Ishrewsburyl LLP Third Floor 21 St Mary's Street Shrewsbury Shropshire SYI IED Dote- 18th Juw)e 1016 The Loui$ de Wet Foundation FIMn¢l•l statements forthe year ended 31st De¢ember 2025 Re¢eipts and payments account U￿re￿roU¢d 2025 Resiricled 2025 Total 2025 Total 2024 Recelpts Dtsnations (including G*ft Aid) 68,963 24.(K18 Total Receipts 68.963 24,(K18 Payments Professional char8es Accountancy Website costs Bank char8es Subscription 20,197 660 20,197 660 4,649 636 415 37 126 37 126 Total Payrnents 21,020 21,020 5.7Th) Net IPaymentsllReceipts 47.943 47.943 18,308 Cash and bank balances brought forward 26,802 26A02 8A94 Cash and bank balances carried forw3rd 74.745 74,745 26￿02 The Louis de Wet Foundation Finanaal statements foi the year ended 31st De¢ember 2025 Statefflent ot funds 2025 2024 Monetary assets Current account I Current account 2 76,389 4,245 26.196 Debtors Creditors 74,745 26, Fund5 Unrestritted Funds 74.745 26,802 Restritted Funds 74.745 26,802