COMPANY REGISTRATION NUMBER: 12320737 CHARITY REGISTRATION NUM8ER.' 1194280 10x10 PHILANTHROPY UK LIMITED Company Limited by Guarantee Unaudited Financial Statements 30 November 2022 BRINDLEY GOLDSTEIN LIMITED Chartered accountants 103 High Street Waltham Cross Herts EN8 7AN 10x10 PHILANTHROPY UK LIMITED Company Llmlted by Guarantee Flnanclal Statements Year ended 30 November 2022 Page Trustee5' annual report Independent 8xamlnerfs repoit to the trustees Statement of financial activities statement of flnancial position statement of cash flows Notes to the financial statements 10x10 PHILANTHROPY UK LIMITED Company Llmlted by Guarantee Trustees, Annual Report Year ended 30 November 2022 The trust8es, who are 81so th8 dlrectors for the Pufposes of company law, PTe8ent thelr report arKI the un8udll8d financial Statements of the charfty for the year ended 30 Novembgr 2022. Rel•renc8 and admlnl8tratlv6 dgtalls Reglstered Charlty name 10x10 PHILANTHROPY UK LIMITED Charity raglstratlon number 1194260 Company roglstratlon number 12320737 Prlnclpal offlce and regl8tered 103 Str8el offlce Wallham Cros8 EN8 7AN England The trustees M.A Kalnlh M Kuperard E.J Mar8hbaum A.E Popeck Independent examlner Brindley Goldstèln Llmited 1D3 Hlgh Street W8ltham Cross EN8 7AN England structure, governance and management Thè company Is a not for profflt organisauon whlch Is Ilmll8d by guarantee. It was InrL)rporaled In the UK in November 2D19, havlng been launched In Sydney, AuslrRlla. ts) 2013. Slnc8 launchlng, 10x10 Phllanlhropy has grown to 14 cilles In 7 COL+nlrle8 and ralsed over $5 mllllon for earfy stage and grassroot5 not-for-profits. It uses a phllanlhropy rrbodel where each person brings 10 frlends lo an organlsad event. The company invests In new Ideas generaled by soclal purpose org8nisatlons whlch attend th6 organlsed events. It eME￿arS volunteers who s8ek a Ilfe of purtose by accesslng IOx10's tools, resources and knowledge, to Sdenllfy grassroots soclal purpose organlsallons lo sdvo soclal problems by organislng an event lo ralse funds and awargness. Stalu$ and Admlnl8tratlon Tha company has a board of (Jlrectors, whlch Is co-chalred by Iho co-founder, Edward Marshbaum, and Morgan Kainlh. Flsk Managament The trustees have a duty to Identy and revlaw the rtsks to whlch the charlty Is exposèd and are $81isfled systems are In place to mlllgate Its exp08ure to those rtsks, In parUculaT those to the operallons 8nd flnances of th8 charity. 10x10 PHILANTHROPY UK LIMITED Company Llmlted by Guarantee Trustees. Annual Report Year ended 30 November 2022 Oblectlves and actlvltles To provlde th8 platfofm for sklll8d volunt88rs dlsc£Jver the most OLttstBndlng sod81 purF¥)8e organisatlons who innovating to 801ve problems for vulnerable p8opl8. To organlse events to ralse funds, awareness and support. To Invest In new Ideas to aw9br8te support for., dlsablllty, homelessness, mental heaKh, domesllc vlolence, fcK)d Insecurity, marglnallsation and olh8T benevolenl cause areas. Achlovemonts and PBrfom)ance Charltable Actlvltlo8 Dudng the yéar th8 company contlnu8d to ralse fvnds to bo dl8lrlbuted to charltBbl8 organlsallons and ttauses. Inoomlng resources were £32,48812021.' Nlll. Grants glven to organisalion amunted to £12,578" {2021: NII)- Flnanclal rnvlew The Iruslees r6t8ln retseNe8 a8 necessary an(J where approp￿al9, consolidate funds In order to flnancg tha operation of the Charlly, and lo make payments as approprlate. Plans for future porlods The oh8￿Y plan8 to conWnue trj collect and make donaUon8 In 8ccord8nc8 ￿th ￿S grant maklng policy lor th& for88ee8bl8 futLtr8. There are no plans for any major changes. Small company provlslons Th18 report has b88n pr8pared In accordance with the PrO￿$tOn8 appllcable to rKJmpanles entlued to the small ￿MpanIe8 exemption. The trust88$' annual report was approv8d on 12 October 2023 and 91gned on beh81f of the board of twstees by: M.A Kalnlh Trustee 10x10 PHILANTHROPY UK LIMITED Company Llmlted by Guarantee Independent Examlner's Report to the Trustees of 1 OX10 PHILANTHROPY UK LIMITED Year ended 30 November 2022 I report to the trustees on my examlnallon of the financlal stat8m8nts of 10x10 PHILANTHROPY UK LIMITED {'Ihe charllll for the year ended 30 Novambor 2022. Responslbllltlès and ba816 of rgport A8 the Iruslees of the company {and also Ils dlreclor6 for the purposes of company law} you are responsible for the preparauon of the flnanclal ststsments In accordance with the requlr8m8nts of the Companles Act 2006 {'Ihe 2006 Act'i. ￿8￿ng 8a118fled my88lf th81 fhe accounts of the cump8ny are not requlred to be audited under Part 16 of th8 2006 Act and are ellglblo tor Independent examlnauon, I report In respect of my axaminatlon of the charltls accounts as carried oul under sectlon 145 of th8 Charitles Act 2011 ('Ihe 2011 Act,). In carrylng out my examination I h8ve followed the Dlreclk)ns glven by th8 Charlty Comm18slon under sectlon 145{51{b) of the 2011 Act. Indopondent examlnefs $tatem•Dt I have completed my examlnallon. l Gonfirm that no matters have come to my attention In oonnectbn with the eXamIna￿On glving me cause to b8llev8: accountlng re￿r￿S were not kept In r8sp8Ct of the charfty as r8qulred by 8eGtkJn 386 of th8 2006 Act,. or the flnanoal stslements do not accord wlth those reoords., or the flnanclal statgment8 do not comply wllh Ihe accounung r8qulrements ol sectlon 396 of the 2006 Act other than any requlremenl that the accounts glve B 'ln28 and falrf vlew whsch Is not a matter oonsidered a8 part of an Ind8pendent examinallon; or the fln8nci81 slalemBnts have r)ol bgen prepared In accordanc8 with the methods and princlples of Ihg Statement of Recommended Practice for accounllng 'and reportlng by charities appSlcable lo charities prep8rfng thelr accounts In accordance the Flnanclal Raportlng Standard applloable In the UK and Republlc of Ireland IFRS 102). I have no concems and have come across no other matters In connectlon wlth the ex8mln8lk)n to which attenllon should be drAwn In th18 report In. ￿l￿r lo enable 8 proper underslandlng of the accounts lo be reached. Brlndley Gold81gln Llmbted Independent Examlner 12 Octob6r 2023 10x10 PHILANTHROPY UK LIMITED Company Llmited by Guarantee Statement of Financial Activities (Includlng Income and expendlture account) Year ended 30 November 2022 2022 UnreSt￿Ct8d fun￿8 T¢)tal fund8 Totsl fvnds 2021 Income and ondowmgnts D"onatk)ns and legacle8 Total Sncom 32,488 32,488 32,488 32,488 Expendlture Expendllure on ralslng funds.. Costs of ralslng donatlons and legacles Expendllure on charttable aGtlvltle8 Total expendllure 2,730 13,670 16,400 2,730 13,670 16.400 Net Incom8 and net movomont In funds 16,088 16,088 Reconcillatlon of funds Total funds brought forward Total fLtnds carrl8d forward 8,098 24.186 8,098 24,186 8.098 8,098 The 81816menl of flnanclal Bctivltles Includes all g8lnÉ and k)$88s r&cognlsed In the year. I ￿n￿me and e4uendllure derlve from conllnulng aclivltlos. Thè notes on pog&s 7 to 11 form part of the89 flnanclal #tat8mènts. 10x10 PHILANTHROPY UK LIMITED Company Limited by Guarantee Statement of Flnanclal Posltlon 30 November 2022 2022 2021 Noto Current assets Cash at bank and In hand 25,206 8,098 Cr•dltors: amounts falllng due wlthln one yèar Net ¢urrent assets 13 1,020 24,186 24.186 24,186 8,098 8,098 8,098 Total a8set$ Iw38 current Ilabllltles Nèt assets Funds of the charlty Unrestrlcled fund8 24.186 24,186 8,098 . Total charlty funds 14 8,098 For the year endlng 30 NovgmboT 2022 the ¢harfty w88 8ntKled to exemptlon from audll under section 477 of the Companlos Act 2(X)6 relatlng to small comp8nles'. . Dlrectors, respon8lblllUes'. The members have not requlred the CL)mpany lo obtaln an audlt of its financlal statements for th8 year In questlon In accord#nc8 wlth section 476; The directors Ackn￿edge Ihelr responsSbllltles for complylng wlth the requlrements of the Act with respect lo accountlng record8 and tho preparallon of financlal 6tal8ments. These financlal statements have baen prepared In pccordance wllh tho provlslons applICab￿ to companle8 subject to the small compgnle8' reglme. These financial stalem'@nts were approved by the board of trustees arKI author18ed for issue on 12 Octob8r 2023, and are s1gned on behalf of the board by.. M.A K8lnth Trusta8 Tho notas on pages 7 to 11 fom) part of th81• financlal ststèment6. 10x10 PHILANTHROPY UK LIMITED Company Limited by Guarantee Statement of Cash Flows Year ended 30 November 2022 2022 2021 Cash tlow$ from operatlng actmtles Net Income 16,088 Adjustmonts for. Accru8d expensès other op8rBting cash flow adluslm8nt Cash gèn8r8ted from operallon8 Net cash from operayng acthiltles 1.020 8,098 8,098 8,098 17,108 17,108 Net Increase In ca8h and Cash Dqulvalents Cash and cash equlvalents at beglnnlng of year Cash and cash equSvalants at gnd of ygar 17,108 8,098 8,098 25,206 8,098 The not•8 on pagas 7 to 11 form p4rt ol thas• flnanclal Jtatements. 10x10 PHILANTHROPY UK LIMITED Company Limltsd by Guarantse Notes to the Flnancial Statements Year ended 30 November 2022 General Inft>miatlon The Gh8rlty 18 8 publlc benell gntity and a prlvate company limlted by guarantee, reglslered In England and Wales and a reglslered charlty in England and Wal88. The addre88 of the reglstered offlce Is 103 High Street, Waltham Cross. EN8 7AN. Enoland. statement of c(vnpllance These financlal statements h8vg been prepared In compliancè wlth FRS 102. 'Th8 Flnanclal Reportlng Standard appllcable In the UK and the Republlc of Ireland,, the Slalem8nt of R8comrn8nded Practlce appllc8ble to charflles preparlng their accDL*nts In accordance wllh the Flnanclal Reporllng Standard appllcable In the UK and Rgpubllc of Iraknd {FRS 102) {Charhl8s SORP IFRS 10211 and th8 Companles Act 2006. Accountlnu pollclgs Basls of preparatlon The flnBnckql stal8mpnts h8ve been prepared on the hlslorlcal cost bas18, as modlfled by the revaluallon of cert8ln flnanclal assets and liabllllles and investment propertles measurgd al faSr value through Sncome or exp8nditure. The flnandal 8talem9nts are prepared in slerllng, whlch18 th8 functbnal currency of the enllly. 'Golng ¢oncem Th8re Ofe no mal8rlal uneert81nlles about the chadty's ablllty to continue. Dlsc106ure axempllons Dlsok)sure8 In r8spect ol fln8nolaS instruments hove not been presented. Judgemont8 and key 80urces of 0611matlon unc•rtalnty Th8 preparallon of the flnandal 8t8tements requlr8s management to make ludgoments. esllmates and assumptlons that affocl the amounts reported. These e8llmAtes and judgements gre conUnuBlly rgvl8w8d and are basgd on expertgnc8 and olh8r factors. Includlng expectsuons of future ev8nts that aro belleved lo be r8asonable und8r the clrcum8tancos. In tho process of applylng thg entily's accounting pollci8s no slgnlflcant ludg8ments or key sources of esUm81Ion were madg by management that have any 819n￿lO8nt effect on the gmounts recognised In th8 financlal statements. 10x10 PHILANTHROPY UK LIMITED Company Limlted by Guarantee Notes to the Flnancial Ststsments {¢ortlnuedJ Year ended 30 November 2022 AcCoUn￿n9 pollcl•$ (contlnuedj Fund accountlng Unreslrfcted funds 8r8 avallable for u88 al the di8crellon of the Irust98s lo further any of the h8rlty's pvrposeB. De8lgn8lad fund8 are unreslrfcted funds earmarked by the Iruslee8 for partlcular fulure project or commltment. Restricted funds are sublected to restrfclbns on their exp8ndllure declar8d by the donor or through the lems of an appeal, and fall Into one of sub-classes.. restrfcted Income fund8 or endowment funds. Incomlng ro8ourcg5 l incL)mlng resource8 are Included In the slBtement of flnancial acllvllles whon entlllam8nt has Passed to the oharfty.. It Is probable thal the econornlc benèfits assoclaled with the Iransactlon wlll flow to thè charlty and Ihe amount can be rellabty measuyed. The followlng sp8clfic pollcles are applled to particular categodes ol Income: Income from donAtlon8 or graTrls Is recognlsod vthen thera Is evidence of enlltlèmenl to the glft, recelpt Is probable and Its amount Gan be. measured rell&bty- iegaGy Income Is recognised when recelpt Is probable and gntlllement Is established. ncom8 from dongled goods Is measured at the falr value of the goods unl8ss thlB 18 Impractlcal lo measure rellabw, in whlch ease the value Is dedve(S from th8 cost to the donor or the esllmated resale value. Donated facllllies 8nd servlces are recognlsed in the accounts when r8C8lved If the value can be rellably measured. No amounts are induded for the conlribullon of gen8ral volljnteers. Sncome frorrb conlracts for th8 supply of servlces Is recognlsed wllh the dellvery of the contracted seNlce. ThB Is c18ssiled as unrestrtcled fvnds unless there 18 a contractual requlr8m8nl for It lo be spent on 8 parucular purpose and retumgd If unspent, In which cRse it may be rggardod a8 restrlcted. 10x10 PHILANTHROPY UK LIMITED Company Llmlted by Guarantee Notes to the Flnanclal Statements (conllmièdj Year ended 30 November 2022 Accountlng pollcles (contlnu8dJ Rosource8 oxpondod Expendlturè18 recognl$ed on an accruab basls as a Ilablllty Is incurred. EX￿ndIt￿re Includ88 any VAT which c8nnot be fully recov8red, and Is daSs￿l8d under headlngs of the Stslemenl of flnanclal activlues lo which it relates.. expendlture on raislng funds Includ8s the costs of all fundrdlsSng actfvilies, evènts. non-cherft2ble Iradln9 acllvllies, and lh8 sale of donated goods. expend￿￿re on charll8ble actlvllles Includes all costs Incurred by a charliy In undertaklng actlvilies that further Its char5table alms for the benefll of Its boneficiarfes, Including those 8upporl costs and costs relallng to the governance of the charlty apport1(￿ed to charitable actlvllle8. oth8r 8xpendllure Include8 8118xpendllure that Is nellhef feialed to ral8lng funds for the charlty PBrt of Ils expendlture on charllable advlties. Al costs ar8 allocated to expondlture categorles reloctlno the use of tho resource. Dlrgct Costs 8tlrfbulabl8 lo a slngle acllvlty are allocatgd directly to that activity. Sh8r8d costs are appo￿onad 4)etween the acllvlllgs they contrlbute to on a raasonable, justifiable and conslstgnt ba51s. Llmltsd by guarantse Th8 corrbpany is limited by guarantee and ha8 no share cap1tal. Every mamber of the company undertakes lo contrlbute to the 8ssels of the company, In the event of a winding up, such a amount as m8y b8 requlr8d 8xceedlng £1. Donations and legocles Unrostrlcted Total Funds Unr8Strfcted Total Funds Funds 2022 Funds 2021 Donatlon8 Donatlons and glfts 32,488 32,488 osts of ralslng donatlons and legaclos Unrestrfctsd Total Fund8 Unrestrfcled Total Funds Funds 2022 Funds 2021 C08ts of rAlslng donauons and legades - evgnls 2,730 2,730 10x10 PHILANTHROPY UK LIMITED Company Limited by Guarantee Notes to the Financlal Statements (¢onNnuodJ Year ended 30 November 2022 ExpendltutB on charltable actlvltlos by fund type Unrestrfcled Total Funds Unr9stricted Total Funds Funds 2022 Funds 2021 Charitable aCt￿lI18S Support costs 12,650 1,020 13,670 12,650 1,020 13,670 Expandlturn on charltabl8 actlvltles by actlvlly typg undertaken Grant funding directsy of activities Support Total funds 2022 TotBI fijnd 2021 Chadlablè activi1Ses Governance costs 72 12,578 12,650 1,020 13,670 1,020 1,020 72 12,578 Analysls of grants 2022 2021 Grants to In$titutlons Granls to instilullon8 12,578 12,578 Total grants 10. Indepgndgnt examlnatlon fees 2022 2021 Fe8s payable to the Independent examlner for: Independent oxamlnauon of the financlal 8talements 1,020 11. Staff costs The average head count of employègs during the y88r was Nil {2021.. NII). No employee r8¢@￿ed 8mpbyee benefits of moro than £￿,000 durin9 the year {2021'. Nil}- 12. Trustee rpmuneratlon and oxpense8 No rernunerallon or other benefits from employment wllh tho charlty or a related enllty,worè Ge￿ed by th8 trustees. No trustees expenses have been Incurred. 10 10x10 PHILANTHROPY UK LIMITED Company Llmlted by Guarantse Notes to the Flnanclal Ststements (contlnu•O Year ended 30 November 2022 .13. Credltorj: amounts falllng due wlthln one ￿4r 2022 2021 Accruals and deferred Income 1,020 14," Analys18 of charltabla funds Unre$trlct•d tunds Al 1 December 2021 At 30 November 2022 Income Expenditure G&neral funds 8,og8 32,488 116,400) 24.186 Al 1 Decembar 2020 At 30 November 2021 Income Exp8ndllure General funds 8,098 8,098 15. Analysls of not assets between funds Unrestdciad Total Funds Funds 2022 Current assets Creditors less Ihan 1 ye8r Net assets 25,206 11,020} 24.186 25,206 {1,020) 24,186 Unrestrlcted Total Funds Fund8 2021 Current assets Credltors188s than 1 ygar Net assets 8,098 8,098 8,098 8,098 16. Analysls of changes In net d&bt Al At 1 Dec 2021 Cash lows 30 Nov 2022 Cash at bank and In hand 8,098 17,108 25,206 11