W20 FOUNDATION
(Reglstered Charlty 1192437 and Company No. 12811926)
REPORT OF THE TRU5TEE8 AND FINAN￿ STATEIAENTS
FOR THE PERIOD 13 AUGUST 2020 TO 31 DECEIIBER 2021
*AbS6￿5D*
3110512022
COMPANIES HOUSE
#57

W20 FOIWIDATION
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE PERIOD 13 AUGusf 2Q20 TO 31 DECEMBER 2021
Page
Amual Report olthe Trustees
Independent Exaffwrfs Report
Statement of Financial {I￿lUding Income and EXp￿dIlure kcojnt)
Balance Sheet
Notes to the Financial Statements
9-12

Page 1
W20 FOUNDATION
REPORT OF THE TrUSTEES AND FINANCLAL STATEMENTS
FOR TPE PERIOD 13 AUGUST 2020 TO 31 DECEMBER 2021
The Trustees present their ￿port and 1nde￿dentty examined fiftan(ial statements of IV20 Foundation
('Ihe Foundation" or 'lhe Charitable Compann. for the penod from i￿ration ￿ 13 August 2020 to
31 December 2021. These have been prepared in accordance with the acia)unting policies sel OLrt on
pages 9 to 12 and (x)mply with applicable charity Lthv.
The Trustees have awed the of the Stalemenl of Re￿rnn￿ded Praclu (SORPI
"Accounting and Reporting by Charit￿. in p￿paring the Truslees Rewl and Financial Statements.
REFERENCE AND ADMINISTRATIVE DETAILS
W20 Foundation. (Registered Charity No. 1192437 arKI Company No. 12811926) is based and
administered in the United lfjngdom. The registered address is Third Floor. 20 Old Bailey, London,
EC4M 7AN
Trustees:
The Trustees of the Foundalion ¥tho are the Direclors tho hekl office during. the period and
onlinue to s8￿e at the dale oftrms report are:
Iliam Cakins laprM)inted 13 August 202Q)
Richard (appointed 13 August 2020)
Withers Tiusl corP￿￿40n Limited (appointed 13 Augusl 2020)
The Trustees dld nol IK)td any benef￿￿1 interesl in the Foundation at 31 Decertier 2021 or at any
time during or ￿nce the penod PJKI.
Bankers:
CAF Bank Ltd
25 Kings Hill Avenue. Kings Hil, West Mall'ThJ, K￿1, ME19 4JQ
8ollcltorn:
Wrthers LLP
20 Old Bailey, London. EC4M 7AN
A¢¢ountants:
Rawlins(m & Hunter LLP
Eighth Floor, 6 New Street Square. New Fetter L￿. London, EC4A 3AQ
Independent Examiner.
Yueling Wei FCCA
EvJhth Floor, 8 New Street Square. New Fetter Lm. London, EC4A 3AQ

Page 2
Vf20 FOUNDATION
REPORT OF THE TRUSTEES AND FINANCIAL STATEMEKfs
FOR THE PERIOD 13 AUGUST 2020 TO 31 DECEMBER 2021
STRUCTUR& GOVERNANCE AND IAANAGEMENT
The Foundation is a charitatAe company limited iry guarantee govemed by its Artick5 of
Association dated 12 Au9USt 2020 and is regislered as a charity with the Charity Commission for
England and Wales and Companies House.
The Twstees have r86ponsiblty for Getting tho Foul￿ation's goa56 and strategy and moot to
C￿nsider grants for exelusivety charitable purposes fw the public beneffl in line with the
Foundation's Grwt Making PcAry."
The number of Trustees shall be a mrnimum of tw) al any one time and new Trustees shall be
appoinled by (Kdinary resolution by the existing Trustees. The range of skills represented on the
Trustee Board wll be kept under revi￿ as Ihe F£Jundalion develops twer li￿.
Induction and Training
As part of their training. Trustees are 9bven an wrform*K)n padt vthich Ind￿ Ihe Foundation's
Memorandum and Articles ol Assoaation and the Charity Cornmission guidance on TTUStees'
Responsibilities. All Tru51ee5 are aware of their le9al dulle5 and oblyalion5 in respect of the
management of the Foundation. NKhJding in relatr.on to the protection of its assets.
Statemwrt of Trustees, Re•pM$ibiliti#s
The Trustees (who are also Th'reclors of V￿0 Foundati￿ for the purposes of company law) are
responsible for preparing the Annual Report of the Trustees and the financial stalemenls in
accordance wfLh applicable law and United Kingdcwn Accountiry Standards (Unrted Kingdom
Generalty A(￿epted Accountwig Prth).
Cornpany law requires the Trustee5 lo prepare finan¢ial statements for eath financial period.
Under company law the Trustees musi not approve the finanaal statemerrts unless they are
Satisfied that they give a true and fair view of the state of affairs of the charrtable company and of
the incoming resources and application of resour¢es, In¢￿d1￿j Ihe income and eXpendI￿re, of the
haritabk ￿rnpany for Ihe period. In preparing these financial statements. the Trustees are
required to:
select suitable a0￿￿￿1ng polK￿5 and then apply them c(￿sIsten￿y.
obseNe the methods and principles in the Char￿.e5 SORP 2019 {FRS 102).,
make judgements and estimates that are reasonable and Prudent,.
state vthelher applicable UK Accountin9 Standards have been foll(AYed, subject to any
material departures disdosed and explained in the finanoa statements.. and
prepare the financial statements the g(xng concem basis unless it is inappropriate to
presume that the chaiitable cornpany *ill ciNrtiiue in opu8t¥>n.
The Trustees are responsible fly keeping adequate accounting re¢(￿d$ that disclose with
reasonable accuracy at any tvne the finan(ial pl￿11￿￿ of the charitable c#)mpany and enable them
to ensure that the financial statemen15 CCWTWY ￿1th the Companies Act 2006. They are also
responsible for safeguarding the assets of the charrtab￿ company ar)d hence for taking reasonable
sleps for the Ple￿ntIon and dete￿On of fraud aThl othw KregularitEs.

Page 3
W20 FOUNDATION
REPORT OF.ThE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE PERIOD 13 AUGUST 2020 TO 31 DECEMBER 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT Iconllnued)
Internal C¢)ntrols
The Trustees have overall respowbilty for eTrsuring that the FoundalKm has appropriate systems
of internal contrds. They are responsible fw keeping propef act￿untIng rec￿d$ whith disclose
with reasona*￿e accuracy at any time the fmancial wsition of the F￿ndat￿n and enable them to
ensure that the finan(ial slalemenls fofiow best wath'ce and all applicab* regulation and
guidanEe. The Trnstees are also responwble fcff Ihe Foundath'on safeguarding its assets and for
lakry ￿8$onable steps the prevention deleth.on of fraud and other Yregularities.
The system of internal is desgned to pro¥* rea￿able, bul not absolute, assuranc£
against malerol rnisstalement (Y loss.
Ri¥k Management & corp￿?te Governance
A risk assessmerrt hag teen undertakn comprises..
An annual re￿eW of the the Foundati(￿ face:
The eslabli5hmenl of sy*erns and procedures to rnit￿ate those fisk$; and
The im￿en￿nIa￿.0n of procedureg designed to minimise any Wential impaci on the
Foundation should those risks materialise.
This continuing process wdl identty risk areas to vthich the Foundalion vulnerabte and highlight
any necessary safeguards that will need to be put in pL¥£. No m4or risks were idenlrfied at Ihe
dale of these accounts.
The Truslees have swJned frt and propw dedarations in with HMRC guidance.
In addition. the Trustees have tsken due C(￿51derali(￿ of GovernarKe - A Code for the
Voluntary and C(mmunty Secttx, ensunng Ihat the seven main wnciples of the Code are adhered .
to. These we..
UnderstandiThJ the Trustees. role:
t)oing what the organisalion vras gel up to do..
Contrd..
Behaving with integrity..
Equalty. diversty and indusion" and
Openness and acCes￿bthty.
The Trustees recognise that good go¥emance pW an essential part in securing the future of Ihe
Foundation and confirm that the said main of the Code are Idlmd by them in lead#w,
directing and rnanaging the Foundation.
No Trustee received any remunefation durwvj the period frcAn 13 Augusl 2020 to 31 Decen
2021.
The Foundat*)n does not c*ry (xrt fvndraiswig acti￿tres from the wbli

Page 4
W20 FOUNDATION
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR THE PERIOD 13 AUGUST 2020 TO 31 DECEMBER 2021
OBJECTIVES AND ACTMTIES FOR THE PUBUC BENEFrr
The objects of Ihe Foundation * restricted speuficalty to the applicatK)n of FouThJall￿ funds, at
such lime or lin￿ and in such manner, for the publi¢ benefrt, as Ihe ¢hanty trust•e$ may in their
discretion think frt for ary exdusivdy tharitable purposes in ary part of the world. The Foundathin
operates a5 a granl-rnakM)g charty. supportiThJ thanlatle proiects and organisations with g¥ants of
varying sizes and duration$.
The Trustees ha* defined a programme of grantarn*ing to charities. For the foreseeable futu￿,
the charilYs primary ftMYJS ￿711 be to..
prevent ￿ ￿lIeVe w¥ety I￿r￿l￿e for individuals In need:
advance the health arKI weNbeing of the general public linduding prevenliny or relieving
sickness, disease or suffefing, as well as the prmAion of good heath>," and
supwi programmes which pr¢￿Ote and advance the edUc*￿n of the general publt
The Trustees have pursued a broad stralegy of ensuring proper due diligence in the assessment of
potential grants and ensuring that grants are male subJe¢t lo appropriate temis and conditions.
Statement of Public Benefft
As a grant-funder. the FourKJation's adivities will wovide public benefft to the individuals and
o)mmunities who are benefThries of the Foundali(￿'S funded projects. The Foundation's pubiic
benefrt is not limited with reference io ge(wJraphy, by the Charging of fees or olheThvise. The
Twstees are aware of the Charty C￿MiSsion guidance on Public Benefrt and ¢onfimi Ihat they
have complied *ith the duty in Sedion 4 of the Charbties Act 2011 lo have due regard to il. They
consider the infcffmatson *thich follows in this annual report. about the Foundation's aims. thities
and achievements in the areas of interest that the FoundalK)n Supp￿$. demonstrates the benefit
to ils benef￿aries and Ihrough Ihern to the pubk, that arise fr(xn those athvilie5.
Grant Making Pollcy
The Trustees. grant makiThJ poliry has been to generally consider making donations by way of
direct funding also by way of grants lo charitable orgwisatKM￿ re￿gniSed as such in their
respective jurisdictions for projects that are exdusiv* ctsritable under English law. The
Foundation has begun lo put in Pla￿ sound grant arrangeTh￿nts 50 that it can properly select
appropriate granlees impose prudent term$ on grants, irtduding, as appropriate, monitoring
and ewdluation of the way in funds are apw by grante
ACHIEVEIAW AND PERFORPAANCE
Chatltable Activiti•g
During the period Sin￿ inception the Trustees IK) gr￿ to two organisation8 totalling
£4.000.
In the initial pefi(wJ the Trustees have fr￿5ed their efforts Klentifying suitable grant Tecipients
and eslablishing a strategy for furthering their objects. It is an1￿1Pated thai grant acti¥ty V￿11
I￿eaSe in the lthming Per￿d.

Page 5
W20 FOUNDATION
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS
FOR TrE PERIOD 13 AUGUST 2020 TO 31 DECEMBER 2021
FINANCIAL REVIEW
The Stslemenl of Finanrial Actth t)n page 7 show5 toL21 incomirrfJ resources for the period of
£405.000 There was rn expenditure on Taislng furKls, grant expendrture amcrfjnted to £4,0(K).
Governartt c￿15 amounted to £5.568 and ale induded within charitable actiwtie5.
The balance ol reser¥es at 31 Decemiw 21r21 is £395,432 vthith is unreslricled
Reserves Poll¢y
Th8 Tru5tee5 have examined the Foundation's requiremerrt for TPSOUfces in lighl of the main risks
to the organisalton and have no oulstanding commitments or cash demands which are not
adequalety covered ty extstrng re%￿r￿ The net assets of the Foundalion are regarded as free
reserves and the lunds at 31 D¢￿rnber 2021 v*ll be retained to make grants in ac¢ordarwE with
the Foundab"on's ch*itabfe objects and any polic￿. The Trustees consider that the freety
expendable funds are appropriate and adequate taking inlo xcounl pkn5 for grants to be awarded
in future and have at present therefore not designated any $pecrf￿ reserves. However. the
Trustees wll keep this WKler conslant rerfi￿. ln future years. a SFwfic reserves politry may be
Tequired.
The Covid-19 pandemic ha5 created sijnificant operational pressures on all charities. The
Foundation is in the positK)n of habing signrfic4nt a55ets with expenditure requirements within the
control of the Tnjslees. The paThJemic, there1￿e. has fM)t had a sKJnfftant negative impact on the
financial sustanabilty of the Foundation and therefore, the TThstees consider the adopt￿ d the
going concem basis in preparing these finanual 5tatemenls ￿1n￿'nues to be approwate.
PLANS FOR THE FIrnIRE
The Trustees do not W0￿Se to deviate from the Current obiecbves and acti￿5 ol the Foundatlon
as detailed in Section 3 of this rep￿£ but wrll further de¥ebp and refme their slrategies. polioes
and pr￿dureS in future.
, fvIr**￿IDteha1f of
Withers Trust Corporation Limited .
slee
Director
Director
charfes Efjward Tee

DEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES
OF W20 FOUNDATION
I report to the Foundal*)n Truslees ￿ my examinatM>n of the Finanraal Statements of V120 FoundalKJn
('charitsble comparf) for the period 13 ALVUSt 2020 10 31 December 2021 which are set out on pages
7t012.
Respomibllhles and B•sls of Report
A5 lh¥ Ti'u¥il¥e¥ d Ili¥ dii#iidlA¥ ￿li￿anY (and aso ils for the purpose5 of company law) you
are responsible for the preparation of the Fin￿￿1 Statements in accwdance *ith the requirements of
the Companies Act 2006 {'Ihe 2006 ArA').
Hawng satisfied mysdf that the fina￿14 statements of Ihe cbaritaLqe company a￿ not required lo be
audited under Part 16 of the 2006 Ad and are eligible for independent examinat￿n. I report in respect ol
my examNialion of your ¢haritabie ¢rynpany's Financyal Statements as carried out under section 145 of
the Charbties Act 2011 (Ihe 2011 Act'l. In carrying out my ex￿InatiOn I have lollowed the Directions
given ty the Charity CommissiM urmler seciw 145($1{b) of the 2011 A(1
Independent EX￿Ine￿5 Slatem•nt
I have completed my examinalk)n. l 1x)nfi￿ that no matters come to my attention in c(x)nection
with the examination gmng me cause to believe that in any material respect..
accounliry records not kept in ￿sPeCt of the charilable conyany as required Lry section 386 of
the 2006 Aci., or
2. the Financial Slatemenls do not arzcKd those reC￿d5. or
3. the Financial Statements do not comply *ith the alxounting requirements of section 396 of the 20(
Act other than any requwemenl the finawal staterwits gNe a and fair view. whi¢h is not a
matter COns￿ered as part of an independent examination: (
4. the Financial Statements have not been wepared in accordance ¥￿th the methods and prinryples of
the Statement of Recommended Practice for accwnting and reptyting by charities applicable to
charities weparing their Financaal Ststwnents in actsjrdance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102).
I have no concems and have come across no other mattws in connection with the examination to which
attention should be drawn in this rewyt in order to enai4e a wopu understanding of the Financial
Statements to be reathed
Yueling FCCA
Eighth Floor
6 New Street Square
New Fetter Lane
London
EC4A 3AQ

Page 7
W20 FOUNDATION
STATEIAENT OF FINANCIAL ACTMnES
FOR THE PERIOD 13 AUGUST 2020 TO 31 DECEIABER 2021
Page
2021
Incorne from:
DoTp1K￿9 {note 2)
11
405.000
Tot•1 Income
405,000
Exp¢nditure on:
Chwitable AG*Mties (note 3)
11
9,568
Totsl Expenditure
9,568
Net Income
395,432
Net movement In funds
395,432
Tolal Funds C¥rrled Forwanl at 31 December 2021
£ 395,432
All amounts relate to c￿linU1￿
There wdre no reo)gnised gains and losses f(ff the per￿ from 13 August 2020 to 31 08cember 2021
other than those induded in the In0)n￿ and Ex￿￿llUre AcrA)Urt
No Trustee received any remuneration ￿ reimbursefflent of expenses duty the period from 13 August
2020 to 31 December 2021

Page 8
W211 FOUNDATION
(Registered Charity Nth 1192437 and Company No. 128119261
BALANCE SHEEr
AS AT 31 DECEMBER 2021
Page
2021
Current Assets:
Cash at bank {r#kn 4)
12
400.952
Total Current Assets
400,952
Llabilities
Creditors- amounts falling due vithin one year (rN)te 5?
12
15,520)
Total Liabilitie*
15.520)
Net Assets
395,432
The funds of the eharrtr.
Unreslricted funds
395.432
Total charity fvnds
395,432
For the financial perKAI in question the I*￿Illable ￿MPanY was entNled to exemption under 477
of the Coryanies 2006 relatry to smal cL¥npanies.
No membws have required the charbtable cowy to obtain an audit Df ts accounts for the period in
questKffi in accordance *ith section 476 of the Ciynpanies Act 2006.
The Trustees Ivtho are also the Directty5 of the charits￿e company for the purposes of Company L¥•¥)
acknomrfedge their respOn￿bIlty for comrtyng with the requirements (rf the Act *ith Tespect to
accounling records and for the preparatKJn of ac￿unts.
These accounts been prepared in ac(xJrdance ￿1th the wow5iOn5 appiicable to cixnpanies subject
to the small companies. regi￿￿.
The financial statements *re apwoved and authoriseLI for kssue by the Truslees were s4qned on
For and,.ori b8half of
Wlthers Trust Corporation Limited
19 May 2022
Dat•
Director
Director
Charfes Ethafa Tee
J￿13

Page 9
W20 FOUNDAT1014
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 13 AUGUST 2020 TO 31 DECEMBER 2021
ACCOUNTING POUCIES
Bas1$ of Preparation of Flnancl•l Stst•ments
"W201F"oundatiO'ry,'{'.ih"e';
an'.in¢o"W¥rale'"cliaTity...Iirnrted,'ky,.:
ualanree.￿Iit"h1re.9islefed chanly,.;.niimi)er. .1-1.92437". and:_coinp.anx.;nurTibérL 12811"92'6:' is based'i.arid,.
iadminislered',in':tlie,Uniled'.Kingdom': Th"&regis_lere(J,'gdOress is:.T.h'ird'.F"loor... 20-Qld 8aile.y..,i..London.,
trusteeb','.A'r¥nd'al'.Repcirl":'
In Ihe event of the FOU￿¥￿ btyng wound up. the Ik*ilty rn respecl of the gu¥antee is I￿lted to
£1 per pefsonal member:.
T.:hq'finon¢ial staiéments..: ha?ie."'beenjprepafed..irF. aCC￿-rdancé i•￿111 Acci>unliry:,and j1epgrti_i￿ .ty.
",C.'h-aYi_liÈs-: Slale'mént￿of*ReCtsrnr1lended,Pract1ce.(8p.pliexbje...ta.chariIies,.P.reparing.'t1l'etr."at￿unlS in
accordance':'wblh.":tlie: Firiancial:.Rep(iitrrig,Ftan"dard";"applicable.' in Ihe UK." and-'AepLTrlilic ofi..
I{FRS.":!"O2S, !;Cb-h"arilies S"ORP.'.FR"S-iO?_.l..:"!he':"F.inancial)Rewl.irig1.Stsndard¥apFiicab'le'..in,-,the.Uniled,"
K.ingdom and'Rep.ub"lic"of Ireland IF.R-S. 1.0?y. llie.C.hanti'es'.A"ct ?011'..,IheiC_oriip.anie"s..-A¢i:.200"6"anil.
The Four4d'alion has appl￿"d,1he proinsions set wt in FRS102 as published in 2019 and does not
incJude'.a ¢ash Ilow slaterrithil on th.is.'*a5i&
The Trust con$lilutes a wblic benefft entty as defi￿1 by Charitres SORP FRS 102.
ITr.￿ppty.jng'
ilh"e.,,fiRancial".re'po"Itirig."'fFamew(*k';"..ihe T.'tustees"liavÉ.":to mak"e"suty"ecbvR. judgemenls:.
for. eyanip.le respect" ".of" "significant. .?ceounliFig.. E5timales-:. Ésliiiiales:. and .judgemerils'. are,
coi)liniially., 'evaiuateili, and,. ..are. ba5è¢.' ion lhi￿Or$cal exiièriiè"nce.,' and,, .olher,
factors.., .incJudin'g
iexpectstwjns .of'..lulure:;evènls' that arè-:..believefF to ..be"". Yèas(inable unde! the circumslaricès": .Ti he
irialure'.,ol.-,Ih"e. es11malir)A'-￿eans :'the. aolual .oUt￿)Mes..covld,.,dlffer.. Irom .th05e-. esliinales.. T.hé,.
-T.rvslee¥ ihwe.. 'nol nia-de, any., signifitsni:'.e"sliinalèst antt judgemenls.':.aiiectsngi. illiese."'financial:
stalerrièrits...
.T..lie sTgn"ificant accounting pOI￿leS appl￿d, in the preparation of."tlie5e',financia! st*emenls xr,e sel,"
out b'el.obv. These FX)IKies have been &insistenlty apPl￿d to all:'ye.ars'. Ki.r.e.5ented unless oth"eMaè';
In￿TrIng Resour¢e$
All incoming resoiir.tss' are,'includèd in ttriè SOFA:when the FouThJation is entit￿d to the income
and the amouri'l'.¢ari.".lie."qUanlif￿d-.wlth reasonabie"￿racy.
'.Vtiluntary.. donations."1nd￿fe" donaliorts:under"GifJ..4IU..*ith the asstikiled tax uedits inGluded when
.oeiiial>le', Inte!e"sl-fr0m￿erQf￿t..aCcc>￿nIS..are'lndu"d.ed Tthen re￿ved.

P•Jt10
W20 FOUNDATION
NOTES TO ThE FINANCIAL STATEMENTS
FOR TFE PERIOD 1J AUGUST 2020 TO 31 DECEMBER 2021
Resources Expended
All expendrture'rs. iDcluded ..£￿ an accruals..ba5i$ and is .reeo9ni5ed when there Is a Ivyal or
onslTUCtive oblwation committ'iNJ Ihe'Truslee lo.the eypend'iture: Irrecoverable VAT 15 chatged
againsl the activity ls)r whith exp"pnd.iluré was iiioirred.
Charitable aetivitres wKlude governm costs Incu￿ed (iumg the period and we expended
througf4.,i.he.'SOFA Ihe offer is (*thyed to Ihe ieciiyenl.
"'Governarice.costs relating to general running of the Foundation. #s opposed to the
,'nioriagemént fundions rnherent n genefatri￿ lunds.
GAnt¥ payable
Granls,p8yab!e are'.inade lo thir(i parties in.liii1hèrance of tlie"Found'alion'sDtyec.ts.,Single or mulii.-
' ¥eaT grants are accc*iinled for ￿￿en.￿l"her the recrpieril has.a reasonable expeclaliLin tha Ihey wlil.
receive'a graRt and the Trustee has 89reed to pay Jhe grant wilhoul c(Indilion,.or the.reciPient'has
reasoriable:expedatiCin Ihal they *ill Tecèi¥e a grant and th.at any condition attach'ing lo thé. grant
Is outside of Ihe Eonltot of.lbe Fourthtton..
FlnaThclal instrnments
The Fourtdation only has".financial assets..and financial liabilities of a kind that. qualfy as basic
financi81 in5Irur￿ntS. 8a'siF financ4af Anslrumenls are recognised at transacaion value and
subseq'uentty.measLiTèd al théir seltkrt*nt.value.
staths of fvnd$
The.enlire re.sgurce$.of the fund are unrestricted and the Trustees have ctyTr#ete discTetN)n for
Ibeir use in puTsiiaricé.of its.obieet6ves.
Taxatlon
The Foundation is not suty'ect to any taxes on its th¥Itab￿ a¢AMties. Irrecoverable VAT is ch¥ged
agairtst Ihe ralegory of rescwrces expwthd IN Ivhth it Incur￿d.
Creditorn payable *4thin on• y••r
Creditors wrth no slated inlerest.rate and payable" *tylhin one year are ￿Orded al transoction price.
Ary Ipsses wising from impaimient a￿ recognised as B%￿￿lIu10.
Cash and cash wuiv4lents
Cash and cash.equivalénls include cash" in hand, deposits held on oll with banks, other short-terrri
h¢g.hly liquid inveslmenls wilh Drigina maturities of three m￿th& or less and bank overdrafts. Bank."
.overdrafts, when applicable..are ￿￿thIn borro¥￿n9 in currenl liabiltties.

P¥9911
W20 FOl￿DATIoN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 13 AUGUST 2020 TO 31 DECEMBER 202t
ACCOUPMIIG POLICIES (contlnu•dJ
Provl¥lonJ
'Pro¥isv)ns aTe re￿nISed the Foundation has an d)Itgalion at the Balan￿ Sheet date as a
rEsuII of a pa& event. it is. probaNe that an OLrtfkn* d es01K￿ benèfi15 V4ill b8'required in
selllement.and Ihe amount can be.rekably estimaled..
Golng concern
'The"Tntstees ha4E assessed *thether the use of the going concem assumplion 15 approwiate in
preparing these xctxmts. The TNstees have made this asgessffent in respect of the porknl lo 31
lJecember 2021.
The. C0vith19".pandem￿ has C￿atell srynrfwt oixr81iortal.and financlal pressures oil the...g￿ty01
èconomy. Having eon¥deFed the contingen￿. plans in place". the suppo¢1 lo businesses announced
.6y.Ihe UK Government and ha.ving. revIe￿*d updated ¢ash tltiw forerast5. the Trustee5 oinsi#eT
the 'adopliun of the, going concern basis in preparirvj these financial slatements ¢oDtiftues to be
appropriate.
Page
2021
tr4COME FROAI DONATIONS
£ 405,000
ExpeNWURE ON CHARITA8LE ACTMnES
rants pa￿b￿.
Chwlty No.
MIND
Juvenile fA'abetes RewTch Foundation Limited
219830
295716
2.000
2,000
T4)tal Grants p•yable
4,000
Support Co¥ts.'
Accountancy fees
8ank tharse$
5,520
48
Totsl costs
Tatal Charilabl• Acllvities:
9,568

Page 12
O FOUNDATK>N
NOTES TO THE FINANCIAL STATEME14TS
FOR TrIE PERIOD 13 AiIGUST 2020 TO 31 DECEMBER 2021
2021
CASH AT 8ANK
CAF G8P Cuffeftl
E 400.952
CREDITORS. amounts falllng dye *ithin one y
5.520
RELATED PARTY TRANSAcnoNS
The Foun¢Jatbyt reteive¢1"dorial￿r1s.IolèIry £405,OOCt fr(Th the Tn* duriThJ the from 13
Avgust"2020.to 31"De"cember.202:1..
No Trustse reCer￿d ary remunwation (K [wn￿r$em¢ftt of expen¥es during the period from 13
August 2020 to 31 Decwra)er 2021.
ULTIMATE CONTROLLING PAR
The Twstees conS￿er..1h31 the Foundation is 1x￿tra￿ ty the TNstees and that there is no
ulb"vn31È ￿ntrol1[n9 paitw..
FINANCIAL INSTrIJMEMTS
Page
2021
The cary amounts oflhe FoundatK)n's fina￿81 in$tnhme￿ are as lol(YKI
.Fln'anÈl4lra$$ets
Mea¥ure"d' al'"Yair.value through SOFA.
Cash,at".bank.and in hand
12
40Q.952
Flnan¢ial Ilabilities
Measured'al'aroprtise£l co¥t
-creditors
12
5.520