Chllrlty i'eg15tratlon ￿￿1￿be1. 111)5Z$9 THE LUCY RAYNEII FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEIVIEN'rs FOR THE YEAR ENDED 31 MAY 2024 THE LUCY RAYNER FOUNDATION LEGALAND ADMINISTRATIVE IIYFORMATION TrutstLie T Sims J Leniiy R Picrrc S MLliihew R Sicph¢ns0 D 8liaiY E S Snelyov ChArftY J195259 RegSstered oFnL'e Siii¥c 5, 2nd fioorToiv¢r IIouse 3 Crom￿￿11 Iluad R¢dhill sUr￿Y RIII IRT examltter thTrtrLli Hanjiiig ACA fccA DChA Richard Place Dobson SETVICCS 1-7 Stglion Road Crawl¢y West Siisstx KHIO IHT THEI LUCY RAYNER fouNDATION CONTLI NTS IVa%e Trusl¢¢s' wport Iiidcpcnd¢iii ¢X14 It)Inc¢s Y¢port Bulance sheL*r Note$ 10 th¢ f$￿￿j7¢11l ￿nIeMe￿L* 7- 10 THE LUCY RAYNER FOUNDATION TRUSTEES, REPORT FOR THE YEAR EJVDED 31 M.4Y2024 I'he Irt&lccs presciil th¢ii' aiiNiial rtpori 11 nd firtattLial slalcniLml8 lor Ilie year cllded 31 fvTay 21J24. The fiJJ&iicinl 51aicmclli% liai'c been pttpared its aCCOEdiin¢e Ivilb Ili¢ llccounlins polieic5 scl oiil in nole I 10 Ihc finRKeial S￿le￿¢t11% coiiii)ly ii'iili tlie cliaiily's Q'l(l Trouiidalioi) CoiisliiuLiOli. dic Cl￿ritI￿5 Aci ?01 l 'A￿O￿lI11￿g aiid RtDoi1ing by Chiiriiic%: Sfatriiiejii uf R¢Loinincii&d Pr41LficL %ippIiL#blc Iij rhritilits ptciiHi-in¥ Ilicir dlCIIiIIITS 111 ilLLvrdaiiL'e Ivitli Ik¢ iikiiieial Reportil￿ Stall Lclll ￿7CC£s5 Qlll. Se)w*ces v%a self-refelrnl ih¢ ￿¢b$ll¢ whtie ive cwi AliliouBli ive woik PTedomEnJllily wii11 youi>kJ dd d￿[1¥ we do iiol tv exclude aTryoiie toi. reacliiiiLP Dut to lis foi. $uppDrt aiid Iliut is wliy ive o*Y¢r o_16n EleL>rL'¢ SUPlIDlt for Iniii. wtsiiii'J% both vDliii¥ aii¢J facc ID fR¢¢. Tli¥ Suppl￿ woups hLIp indiNidual$ %vlio arc stri1￿11￿￿T ¥Yilli Iliclr illenial l*alili ui. ￿'bO suiTrporl friclldx or faiiiily and *re lookinb for our ¥uppurl, guidancc Dnd inforiiiJiioii OD bcsi praLiice%. LrrttuiTr ivc I￿ve ¥upparied 566 iYoiii¢n via our ivcekly oTrlille and fts¢c 10 fa¢¢ o(f¢riTrgJ ll 5afc $pate lo jusi bo auiheniic."I"li¢se gt(nips olY¢r ex¢rcisc, rclaxaiion. self.enffjLlry. peer ￿ peer¥LiPPDTi attd fyi¢ii(tsliip. .le￿,3 group wc hav¢ suii]KJrtcd 438 iiieii attd ive arc I￿1￿{1 ofivhdi wc havc ovliici'cd licrc as Ihis is jin arca iliai is cniiiiiionly klloii'ii ils hard ro itach. We ofter a ii'eckly fa£c kn face s&fc for to ¢oni¢ rogeiher and hRie holle5t oiiireT%Alioii wiilioul judg¢iiieiit. Tliis supi)ort group is a￿11 IÉ) all as1¥5 and is ivejl alleiid¢d. 'Just Talk,.￿W 77 f#niili¢s thar Iidve wulked Ihruugh oui. dwrs al oiir nic)iTr(hly In¢¢r ups. uver H LWP vf Icu vr LLiftee and a biscutl, fiiidlljg I￿dLrstDlld1llg ￿nd 511PVL)rt trotti Ili¥ teaiii and L%acli ollier. Oft¢rin¥ a r¢I￿x￿ &Lid safe plcTrce tli¢ whole raiiiily froih biibic¥ Io gTsndi)arcnL%. Fakisly 14 al Ilic licBrt ol'cY¢rylhing Ihal wc Ih). i¥r# I THE LUCY RAYNER FOUNDATION TKUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 Tlbe si1r￿¥ SuleitiL' Ilei'eoveNieyit 8ervlce (&8BS1 Is li SL'rNitt thEIt iJrni'ide$ PTTr¢lic￿l siipport. giiidancc Riid (o farnilies thai Iigvt Iieeii b¢rei?ved by ￿￿1(1d£. Tlpis ser4.ice h&% roiilinu¢d lo QPL'filte iviiliiii Sunty since 2017 aiid lias bee£1 rccob)1117.LIE as oiK' of I¢Ddiiig bupptsii sirviiLs for bL'reclVL'IIIL'iiI iii STirr¢y. suppN)1lLd Dvcr 50 faiE]ily IllLmk'Tb ivliu I￿v6 bcth bcreaved by svici41¢. S¢hoDIF Prvg¥iiin W¢ lauJiLh¢d Ihl Schuols Prowjn sn 2020121 wr w￿. iiior¢ njorn, youijg Lluldteu di¢ uf 14 years preseiiiing to oiii. chai-ity four counselling &rtd ive ivere boin8 api)ioa¢lJed by lehchcFS iylio iv¢i¢ ovciTrYlielmed ivitli the Ihai Ilic lockdom'n Iiad on Ilicir SI￿dC￿lS. Tlic Schoo15 PIDgixni thrgcls Icachcrs, pupil.% arKI parc￿15 lo olTcr a %vliolc school &PPI0￿￿¢￿ to wellbeii)8 wiibsii ￿1¢ s¢liool selliii¥ lu ixise a￿.￿r*I¢8$ of th¥ e￿ilY wailliiig sigJi¥ ot. mekiial ill hoJlih young ve()Iile. Tlie Lucy R&yiier Fi)￿n(l￿til￿l19.%I y¢gr d¢lIVer￿lI the lollTrwiiig serviLes Ill SLIILwIs.' In 20￿ we siipported.. 489 ediiclllion41 prof￿%81￿nE1IS air YnuTlI Meiitsl Ilealih ￿li,￿lAid trained 2K Ediiialiviial profi'%sjDn5 in Adiili Mciiial Hlalih Fitsi Aid 1rn51iEd 16 eduL'aiionol sIalT￿r¢ Youih ML*l&l Ilcalih Fiysl Ai(1 Chainpioiis 386 pupili us111 I￿rLOU￿Se11inEChcek.in %crn'ieL iY*tliin tIK lcliool ￿111￿ 190 childtett rcceivcd mcl11￿?1 healih aivarcne&% Iraiiiing. 167 Éneiilal lirdlili fit¥1 aideiN to PMHWIYI)uih WoTkYr% in Surrey ReaLlied 896 yotsiiL peopL. IlJrrni¥lJ oiiixhTrnl'% pri)LryJinme SuppDrted 86 pc(ple ilJtvu¥li OUT Siti¢ide Bereavtjllcllt Senr5C¢ Tmincd (Ilo pareftts, Cryr¢￿, Icacli¢rs dnd ycliool 4lall'thrDiigh our ivork81￿J)￿ Supported fj88 youii¥ FKviJlL throu￿17 uur6 iY¢¢k 110 I founselling sen4j¢C. 33 ￿l￿tj)ded otir 4 Ive¢k'&ipportiitD youl" Faniilv'8 Meiithl Ile?Ilh and Wellb¢iiig' i)trvgram Tlie Wellbtlng Chock-ln Sei'Yl¢¢ is detllafftd lit tlie Sch￿15. is whertt we tleploy coiill%ellDrs Iiito scIM)015 rty vftcr 51Jort èCSSiOIIS Wbili younu studLnl¥ lo giv¥ IliLitrJ opportiiiiily tu ialk alNlUI ilieiy fLL'liiTrgry in Jii(t bl.LE¥￿' 5paLL' Ivlthin IIiL s¢liool stllin¥. 118iv¢¥ IIE¢ You￿￿ pcrsun Ihc UPPOTliiTriiy 10 (>ifiothd *llyihiTb8 iliai is ii'fftiblinbv Ihem so Ihii i ilicy coniitriit I b¢ able 10 fociis and learn ai scliool i￿8(cad ofihtii. silualion ¢5calating soiiielhi*¥ iiioiE %¢rious. 'I'liis is ￿ gruwiiig %Ln'lCC wiiliin.8iirrey. Cainpalgtts Raisiiig aivarcness of m¢iildl hcalih ihc S¢FVit¢ of Ihe charily i5 (If QL)r aims %2nd objtclikrs and Ihai 1% why c&mpai￿lS e so imptsrtani to Iwrehaj'ity,. cbristm￿ CampRlgn- whiclt wa5 forus¢d around ¢aiillg dtsorderg, w¢ bcgall by do&iiE a sunpey arou1￿ Christttkis OL Ilow InKlI li)od 1% Luin%utned aroiiiid Illi.% iiine. We .spake In lome vt. Ihe IcaOiii¥ Lhai-ili&8 Ih&t foLW% l)Fi Laliiig di.%i)rdei% 4ucli os SEED aiiinJkiIi￿1ty cspccially ivhell Ihks Eubjcct 15 nknsily hid(kii secreltrv¢. LRF V SNAPCHAT iilEdbrr￿1kjIiL leiJ¥ de%igned 10 f#Lililul¢ upei? cwiveTbalii>n LIiLuuraLTe yOUDg peoplg li? expFe￿ tIi¢iT einoiioii¥ tynecti¥ely. 'riie L¢ns iv&s laiinched on 29di Janiiary 2024- 1 l Marcli 2024. in lime for Cliildr¢n'$ Mtnlal Hcalih Aiirllreness Week (5-1 l or cbi￿ary ?0241. willi Ilie ilieiiie'my Vvi¢L MEllIe￿,. The leiii wJ% availahF¢ oii.SiiWLIi￿t iviih a mE%%illI) 10 and.￿p￿rt R5 lli811!' 14- 25-y¢ui-olds p(￿sIble witliii).Siirr¥y. Thc bc%i)okc Ici1% giviw a i'OlLf ID youn¥ pcopli by pix)vidiiig %lJJ easy woy for il% Io iv1￿(C d Inc￿5￿￿￿e rcacli ou4 fuT siipporl in a dirCL1,-￿rc aiid coiifidcnlial inanncr ivliicli ¢oul(I provi(k lifL-¢liaii&*ing Slip￿)ri for soincoJi¢ in nccil. pa￿1¢ 2 THE LUCY RAYNER FOUNDATION TIIUSTEES, IIEPORT (CONTINUED) FOR THE YEAR ENDID 31 MA Y2024 -hc C￿mpaI6)t) Iva% g7lLLI1 ri'ach OVCT 862.922 sntspchthlfei'% diirElibi Ihc 2 111(wihs i)f ¢iivÈIv. v￿e% Trfr ilie lens.. 2,4fi1,1131 II'il11 PI8ytiMl¢: 12.575 1fty￿.9￿¢ 1-12$) JI Da). ChAllortxe iii Mthreh futsdTJ15et5 con1￿11 Iii ¥ .1] d%iy chal1vi￿re ftoin abstr1￿1￿￿ fr(InJ n#ugbiy fuod%, IvFiluiLv il poein. niiiiiiiig. ￿liji¢1ii￿ ci*ry day foi_l I days. Klnd2Mind in May wllcrc wc rdt5ed LIO,ODU Dii the Mov¢ foi. Mebithk Il¢olth Camp4iign, u¥cllits¥ people 10 ¥el movit]8 out of Ilic lii)iise ID d(> acliirillts like ll4r(k'ning. runnin￿, Ivalkiug, goTrn&y Ili¢ gyiii, eyeling. Illi￿￿£ IlirLI can b¢ Ihe bndy iiittving. El'ents Wilh Ili¢ Éxi%1 ¢)f liviiig cri%1% ili¢r¢ hy% dip ID pv&wle ¥ii'iTrig lo liq t?% Ihey ii%ed lu %0 we hav¢ liad li> b¢ reTrlly Lyvdtive i Tal5iThg Ili¢ i?cLdrd fiinds foT Ihc chaTity. Wc I￿1.¢ liad to pui oll inorc ¢v¢nts to diflcruii comiiiut)itILS. Evuilb itiLliidiiig sk-itt1¥s. iOTnivals loDiball TnalGI￿'S, 11111SIV LV¥Llts. ¢Uln*ttUtiity days woiii¥n ￿lL￿. Rcigalc. Oxfoid MaTrsihon, Xmas Mr&ppitiu, quiz ￿8h￿s, 31 d4y bl)JlIcnge, Psy¢hit NiLThi%, fjoifD￿Y$, Lads¢$ Liinches. Our Iiiain iv¥ni of ihb year is LRF ADnwl Dinncr'Going lor Gold, )vhicli is ai Ihi Epsthii Racc Cou¥¥c ivli¢T¢ iY¥11081400 p¢oi)Ic lil ou¥'Shine ihe LTghi on Mcnlal TTeallh' Dinn2r7vhr￿ iv¢ £62.496 IhL nighi. Fln•rk¢l81 revltly Tlic l.iicy Ruyftcr Fnundalion has lookcd ai Ihi risks aiid Ihc ftsrc¢asi for Ih¥ ytar aheth(I, hastrf Ihi8 iiiforiiiliioii. iii au4LLmc'iii witii the ThiistEes ivL' tsav¢ abkfi'L*d utsi Irsetvc policy ofiJoldii)u t￿￿ligh fitlldx to covLr J- 6 tTriuLihs CKFnditsr¢. Curi'etitly iliL re4LIVL5 %tand £239,12312023 1907.199}, fTrt'iYliiLh £9C>,3%6 uiirc%lrict¥d12073_ L37.44C)I, StJ'u¢luFei LIDI'eYnxnL'¥ and Jnnn#gem*nt Th¢ cliii rily 1.5 a Cho1Titdble Iiicorpor4ted o￿111tS￿tiOI1 ihllt ivas Èiicorpoiuled oil 22nd Jiily 2021. Thc Irustccs who 8cncd during Ilie yellv up 10 ilie d￿L ofstgiitslur¢ vl'ih¥' fi￿4￿¢￿al %ialciii¢nlli w¢ty J L¢n￿Y 11 Pi¥tre S Maiihcw Siephensoii D Shaw ? S Sllelu>rov¢ Ajiiy King Res5uned 16 ￿'lOber 20231 IRc%igncd 13 Jiily 20231 (Re51￿]ed 14 Mllrc'h 20241 IAippDinlcd 4 July 2023 ￿sE11￿C￿l28 April 2C1241 C.ai)i?i in T Lutraine J Abdool Tru¥ice.% 91¢ appoiiiled al Ilie Ciener81 Meeting or dJriiig Ihe year al Ini%lees illee11h￿. Thc I￿%￿L¢s, TCEMirt wa¥ lippro￿(] by Ili¢ of Tnjylcey. D Sliaw Truste* &l¢'. g8/112 THE LUCY RAYNER FOUNDATION INDEPENDFNT EXAMINER'S REI PORT TO THETRUSTEI ES OFTHE LUCY RAYNER FOUNDATION I rcpTrN to the tsu4rees My eximittition of the tinttR¢ial skntCmLnLS Qt I'l￿ Lucy Ra￿lLy r.OllEMl21ion Ilhc ¢￿irl(Y) tor t1￿ yeur ¢iid¢d JI May 2024. Ile$poEb$lhllltl¢s und lJa5is of IYPQTI As IILC Iru31¢c% of tlie cliaTity yau ale responsibltt for the prepArR*it>J) of ilie ￿t￿li￿l¥l sts*mtrnts in acco￿ance ivith the requi[L￿111￿719 ol'ih¢ Cliariiies Aci 2UI I 1111¢ 2(11 I ALtI. I tepTrrt iii lE%￿et af my exoiiiii)8litiii (Trf tl)¢ Lhai'iry'8 fin#fici#l %lalcnienLs cairiEd out undui. 8YL'liciK 145 nl. Ihe 2Ql l Act. Iii uarryitl¥ Vlll Iny ¢xdiiiinaliun I li￿v¢ tollowcd dll thL dppIiLable DireLliolls given by tlie Charity Cutninis¥ioJi uiider seL'Iiuii 145(Sllbl of t12¢ 2VII Act. lTrdcwndLiJit ex*rtiintr'g stkttmtrtl SiRcL' Ihc cliarily's income cxcccdcd £250.000 youi. ¢x8iriiier inusl b¢ a imwnbcr of 8 body li.4lcd in ¥eclion 145 of thc 2011 Acl. I cornfir1￿ Iliai l ani qiialifi¢d lo undcrlakc ilic cxaminalion EK'cause l an] d incinbcr of ILAEW, which is ottc of Ilie Iisii'd budiL'%. Yoii* allL'nlion 1% dk-aivrt 10 Ihe fact Ilidt Ihe churiiy 118& pr¢pJird financial blaieinenls itt Accoidancc iyiih AccounliTrg ¥nd tporlintsj by Llidrili¢s piTI)aring Ili¢iJ' ace011￿1$ in a¢corda*¢¢ ii'illi Ilte Trinanctal Ilepttrliiig Sthadai'd aiiplicabl¢ ti? Ilie UK and Rcpiiblic ()r iirliiiid IfR8 10fjI iii prefcrLnLL li) tlic ALCIMllltinLi Iijid Rcpi)Aiiiu by CliatillCS.' SIRiemciit ()f RecomTnendcd PrAcriL'e issued oi) l April 2005 whiLli rcftrrtd tfp in IIJU ¢kt4ttt EL'&ilatioiis 1?iii I￿5 iiow witbdrdMI). un(Iw%ic1nd Ihlli this hds b￿n dvn¢ In QTd¢r fvi. finAnciul sialciwiii¥ 10 pruyidc * Iiiii fllir viciv in QCf41TJHn¢¢ iviih fjentrally Acc¢pled A¢counlii& Praclict errttiive for r¢porting PL>iods b￿￿l￿ning on or after l January 2015. I hove ¢D]npldd Jny ¢x&i]JinolioD. I ¢(￿r)n)1 thai no niatt¢rs liaye coine 10 Iny iiiieijiiun iti toDTrec(ioD with the exaininalion ccoiiniii)g record8 were ttot kepi iii ie%peci of the cbaiity RS reqiiired by Sectiv￿ 130 vf 2011 Acl: or Ilic findnciil tsldiwnenls do noi a¢L￿r￿ %viih Ilio¥¢ rccords- 01. tIiL fiiioTKi%il sl&l¢inciiis do not comply ivitli tli¢ appliciible FeqiiircMciits coii¢¢niiiig tlic forni %ind eoiiiciit Of attounlF 5cI <)111 Ell the C.knTilie& {-4ccoyiil4 8iid Rcporfs) RegUl￿tI￿11S 2n08 1)Ili¥i Iliaii aiiy rLxiiiiremeiil that the accoiiiits Eive ￿ InÈe gild fair vilw wliscli is iiol # imaiiercoiisidered as part of k)ii independcnt LxaE]iiiiatlDII. I have li(> concerns aiid have coille acros8 liv oiher In￿lerS ith t￿lI1e¢[l￿n iibiih the ExlliniJ)Dlioii lo ii'hicli atleiition shfjuld br Jniwii iii thi% repi)ri iii [￿Jer lo *ial)le a p￿per uildeT%laiidiii￿vf th¢ IiJianii#l %14iem¢i?ts tij b¢ rtacli¢d. Darre￿ Har(E Ricliard Placc Dob¥on Scrvice5 Liiiiiled ACA FCCA DCbA C'rawlcy W¢st Su5S¥X DJl¢J.. THE LUCY RAYNER FOUNDATION STATEMENT ofi FINANCIALACTIVITIES INCLUDING INCO￿lE AND EI XPENDITURE ACCOU.NT FOR THE YEAR LNDED 31 MA Y2024 I1￿￿¢5¢rIct¢d fuiids R¢$lrltted funds 2024 Rt4lrltttil funds 2Q2.1 rund$ 2023 2024 2024 2023 As R¥$l&ted Notes ViicoDic frn Donaiions alld l¢¥a¢ies 72,536 107.438 117,X02 3 J76 lQ9.5fJl 1¥2,037 107.438 1 I7,%02 3,376 272214 249,945 522,15Y Oih¢i iygdin¥ aLIiI'IIi¢.¥ Iiivc¥trnenlb TTunsftyr iii fT0173 unin¢oiporai¢d ¢haTiIy 201 20E 58,307 309,389 Tolal IKeoine 301,152 IUY.501 410,653 331b,722 SUl,027 831,749 iidltllie Rai%iiigk fuTrls 4,514 4,514 9,258 9,258 211,Y?8 222,237 434,215 69.8.1() 4R5,4(Tr2 555.292 216,492 22? 237 438,729 79.nllx 485,4C)2 564,550 Net Illl￿￿1￿￿(1>￿Igts1￿￿g) L'80ureos trAD5for 84,660 128,076) 251.6J4 15,565 267,199 Gro$8 lrnn%f¢L btlivtekn fuiid8 125.72D} 25,7211 214,IN Yet liteomel{Èxyendlthi'el the yearl N¢t moyciiicnt In fvmds 51¢.94D {R7,0161 128.0761 267.199 Fulld bxlaiicts at l Jlliie 2023 A5 OTigiRally TCPQrt¢d >tiar ycBr adju$lii*nl As r¥stalLd 115IY.1112J 195.63,5 -47.446 425,31SI {195.02,Y) 229.75. 207.199 267.199 Fulld bAlanet4 ht 31 hllly 21b24 96,386 142.717 219.123 -37,446 229,75.3 267,199 Thc slalcmcni ol'fina￿laj Bthivili¢s iii¢ludLs all ¥uins &n(5 lossLs tecoLFlliScd ill ihc yTrnr. All ijicome aiid eXpeJ￿itUE¥ d¥rive fiom Lu)nliiiiiiLl¥ llctiviiies. pa￿* 5 THE LUCY RAYNEI R FOUNDATION BALAtYCE SHECI T ASAT31 MA Y2024 21b24 2112.1 A$ RestTrled ,YtJtL'S IKed A￿tt$ 13 3,752 Ciiyrellt Jsseis Debt%)rs C¥sh si bank and in hand 14 7,841 251,632 4.50D 26S,121 251J,473 269.621 CredltQlS'. 4JMounts fRlllngdue ivitl1l￿ oue yeRr 15 93,1641 16,1741 NeÉ ¢ur¥cnt ass¢ts 236.309 2CJ3.447 Totfil a¥$ets IESS ¢uYi*NI Il#bSlltles 239.123 267,199 Income fund ResiriLIth funJ Unie81ri¢ied fund% 18 42.737 96,3N6 229,753 37,44C? 239,123 267,199 2810812024 The financiil siai¢i#enlS wcrc aPPTovcd by ilio TFuslfcs on....................... D Sliai¥ Trustee ptsble 6 THE LUCY RAYNER FOUNDATION NOTES TO THE FINANCIAL STATEMEI NTS FOR THE YEAR ENDED 31 MA Y2024 Accountlng p•llde% ChHrity iTkfornia¢Son I.t Accoiinting ¢oni'eiidon Tli¢ fiii8iicial slatLme4Jls have Eieen i)repared iii dctoilgnc¢ with the ¢bJiitl5 CIO Fouiid¥tioii CoiisiituliTriJ. rbe ClTrii¥ltieg Ail 201 I. >IIS 1112 'ThL FiiidllLial RLPOrting qraiicl&Td api)licable iii tlie UK ￿]Id Rcyublic of Ir¢land" {"FRS ID2-1 and Ihe Cbiirilies SORP'AicThinlin¥ Reporting by fjbatsli¢s.' Slalcinrnt of Pr4cliL¢ applicable to charities i)reparin8 il*ir accounL% in Rccor(lance iviili I1￿ Fii)4ntial Repoiting SiandaiLI appli¢thbl¢ in Ihc UK ￿nd R¢public of Irelaiid ITrRS IQ2}" Icffcclii'c l Jaiiugry 20191.-fiic ¢hariiy is a Public Bcii¢fii Etilily Hs dcfis)ed FRS 102. The Lhariiy11#s Idk'C￿ advanlagc of provisioii¥ in Ili¢ SURP foi charilics nvl lo piw¥c y s￿l¢l￿en1 ofcasli Flows. Tlie linaiiLial slfllerkKnls IIAve thparttd tioni Ihe ChHriliEs (Accounts Rnd Re￿￿$> Re¥iilation¥ 2W8 OE)ly 10 Ihe extent qiikr¢d ltt pyovith a truc and t&ii vicTh,. Tliis dLPJrturc 113$ illvolv¢d lolloiving tliL SialLIII¢III of ￿￿0￿711￿￿dCd Ptuclicc ruF £hoTiliLs applyinLI fRS 102 rnihcr Ihun iho Vcr51￿ vf Ihc Sialcincnl tbfRcconimendcd PrJclic¢ ivliich 1% licfcrred lu in tli¢ fiegvlaiiojis bul wliieh lias %iiitt bccii 11.511idrnwn. Tlie linancilll.8lal¢iM¢n15 grv. p￿pared iii $liTli1￿ wliicli is ili¢ fullctiollal cwr¢ncy of I1￿ chariiy. MonLII*ry QliiOUlll$ in th¢%¢ finunclal sitsiciiic￿1& iiFL' miiiidctl lo I1￿ REaTC51 E. Th¢ finaiicial sl*r¢iii¢nts Iwve bg¢n Pfvdted tJii(kr the liisloriLal Lost ioHv¢nlioti. Tli¢ priii¥xpal H¢cvuntiii¥ 13vIiii¢s dvpled 4r¢ set otti below. 1.2 Going co￿¢cr￿ Al Ihc iiiiK vfapi)roving Ili¢ finanei81 siMi¢iiicnls, Ihc truslccs hthvc * rcasobiibl¢ cxpcclalion Ihal Ihc chnTily h48 4dequ*l¢ resoiii'ces to ¢oniinU¢ in opcm1i0￿Ql ¢Kssl¢ncc foi. IliL fUrCsL￿.￿b1e fulure. Thus lh¢ Iiuslcc5 coniintre lo adopl Ihc going concci-n ba515 01'aL￿OI1￿11￿B iii prcpkrbnLp ihe fJniE hciRI ststcnyni IJ Charll&ble funds Unnslricicd ftsnd% ￿1￿. dv¥iknbl¢ foruw ai lh¥ di5crilion uf Ibc Inr61ccs in furfliLEHnL'¥ u1-ll￿￿T 14iaTiI14blo objcc(ivLs. Reslticted funds 3Ie subiLYt to >pwifi¢ rondilioLb by dvtsoTS Js lo li0￿. I1￿Y u)ay bc us¢d. The putPO8es uses of tl r¢sirici¢d fuiidy Mr¢ $¢1 oul in Ilie nute% ID fiiionciol sllltcniellls. I1￿01￿￿ 15 reCO￿lIS¢d wh¥t) Ihe iliarity is legolly lo it llfter 4uiy perf(Iimaiiff Vuiidii￿olis hai'e beeii Jnet, the aiiioiinls cali ix Thi¥llbur¢d Irliably. oticl li is probablL thur incomc will b¢ nf¢TVLd. C&511 do1￿11￿n¥ ar¥ r¢co8iiibd on ￿¢¢1p( Olh¢i donations and grants arL' Tecopiised onc¢ lh¢ clwity has bc¢n iivlifitd of Ilic dciiialiun, Iiiilcss Ir¥foI'indi￿c con(lilions require defcTral of Ihc aThounl. Iiiioiiic la.x ircovcrable its rellllion lo donation8 re¢¢iv¢d undtrGiA Aid ordccds ofcovcTranl is rccogniscd al Ihc lin￿ ofihe domation. InYc81511eni inconie. whicli illcliid<8 illl¢r¢si rffciyable i% incliKted ifi Ilie Slaltiheni ofFiiior¢ial A¢(ivi(ies Ilie ycaF tn Ivhich it is Y￿ell￿bIc. 18 receiired froill ￿￿e clthriLlble it chvity, ￿[11¢￿ is, M¢iIii￿ l Hea£ih Siipport 1111 of whickn is itcogni5cd in tile i whsLh Ihe iiiL(>nie is ie¢eivgbl< ivhirh 1% wlieji Ilie cliaiiiy lieLuii)es eiilitled to tlie re50ur¢us. liicotne tio]Ji Inding aoliviti¢s r¢lat¢s lo fiiJJdr%lising evenis. •ttd this incoth¢ is r¢cognised in Ihc ivhich ihe tncotllo ix Irceii'able, wliicli i.g when Ihc eyenl iakc.4 placc. THE LUCY RAYNER FOUNDATION NOTES TO I'14E FINANCIALSTATEMENTS (CONTINUKD) FOR THE YEAR ENDED 31 MA Y 2Q24 A¢couThllll% pollclcs {CoDllnuedl 1.5 &¥ptn(litu) Exi)tynLliiiirv 18 reLtrgnik.d onLL ihere is a lebal urLoLsiniLlkvc obSiuation to knnsfLf ￿91￿[￿lL b¥nifJt tv a ihird p3rty, li is pr(IMble thut ll tlWL8fei of ¢cononiic ben¢fils %vill bc i¢quiied ill seiileille￿ alld Ihe 1E of Ibe obligntion can be ￿lIablY. L￿￿nditUre is ¢1￿￿rI¢L1 l)y acliviry. T]ie co.￿% of t￿h aciivily Are inade lip of the ioial of direLt CO515 aiid shred ¢ost8. iniliidtn¥ SLIPPDrt rosls involvknTrd ill lin￿'TI￿k1￿¥ activity. Dirlxt btssts atlribiil4bli Io a sinblL JLIiviiy *lL alloL'I21L'd diterily IL) thai aclivity. Sbar¢d cosi% wbicli coovibiiit io more I1)d￿ L)tse tstltvily and siipport COS15 Ivliich fjrc not aiiyibiiiable to a siiiglt a¢tii'ity apporlioned betweeii IIMb5C aclii'iti<* a bas%8 ¢onsi8l¢nl ivitli ITr￿ u8e of rc.$ources. Cciili71 %latT costs arc Rllocalcd oli Ilic l)Nsis of iiinc s￿￿1. aiid dcprecE*ion LliatLTeS re 4111tttstcd thc Iiortion of rlic asset's u¥e. 1.6 Tlttelhlt fiitd R5so15 Taiigiblc fixed 14 $8cIs ivÉii4lly Ellc&sur¢d at cost an(1 SLtbs¢qucitily n*asured oi tosi oi. Iraluaiiots, nti of dcprctialion and any iliiPQiFlllCliI Ilkws. D¢p￿ciall￿11 is recognistd so as 10 ivriie off ihc cosl orvaluoiioii of asseis l¢ss Ihesr 1i8idual vthlues ovcr Iliciy IL4¢￿1 liv¢5 ot7 the fi)IIrJ￿,IEi8 I)￿S￿.. Cvnipul¢r E4illPIII£III 2n%.8IMibFht Lijie T1￿ 882n (Ir lo¥¥ vii disp￿11 uf aIi ￿￿et is deleiThiiued lls thE difference benv¢¢ii ihe sale pl￿￿¢¥￿¥ alld tke Laryiiig valiic tsf thL ags¢t, its Nwgiiisid iii tli¢ stalu13LJJI tsf fiItU5JciuI ￿tiviti￿￿. 1.7 Imp&lrmtiit of fixed a%scts Ai eael) repoiaing cnd dal¢. Il?c charily re￿ie￿'S Ihc ¢arryitt¥tr ainou1115 ori15 langibl¢ a$s¢ts (o d¢lc¥miK ivli¢ihcr III¢iE is Ilivii diul Iliuxc IiElVC siiffcred ali impaiiii￿TrÈ1Q%4. IfRny Siicli iiidiLalioii exists, the re4overnblc atnuuTrt of the d$set ]% e.¥limaled iii orderto determine the exl¢iJl of iIiL iinp*imiBni l(x&s lit aiiy). 1.11 Castt Aiid t4511 cqulY*leiits osh c8s11 cquiv&l¢ttls Include ¢asb hattd. deposi15 lield at call with baiik5, gili¢rshoTr-l¢rk) liquid Èllvesiinents witii Dl'lg11l1￿ I iiiaiuriiiL% nfiliree iiioftilis or les$. a￿d bJiik t>vcrdrafts. Ronk oi'eFdrnfl5 %1(c %hoi¥n iviiliiii Lx)rrthwih&s cui'i¢iii 1.9 Pln*nel*l Instruments ie ¢h￿l'lty liclb eleLied ¢0 lli)ply the proviiioiis nf Se￿i(>￿ I I 'B&si¢ Fi*4111tyial lii%irumviil8' aiid 8eLli()ii li 'Oihei' FiD8iiki81 ID5tniui¢n16 I￿1#5. of FRS 102 iu trlits fikiwicial in￿r￿MentS. Finttncial iii%irkJlticnts arc reco8ui.%ed Ihc ¢1121'iiy'$ balancc sliL¢i ivlicn Ihc charily betom¢% party io Ihc coRlI?ctual l¢gJlly crlorcejblc ribTlii 10 $cl tslTihe ¥ctogntstd amwiiis Ili¢r¢ is Jn I￿lCDI70n lo scill¢ oil D iici b*%is or 10 reNlise IhL BoY.%leJlJioRrlhlrt&sei.¥ lJa%ic fiiiancial nmels. wlii¢h inclitde deblors *iid e&%li ind knk bqlances, iiiilially measured ar Iransaclion prite iiicludiiib Itunsncliuji L￿51% lind arc %ub%c4ucnlly Ltirrird dt& l morti%e(l Lo%t usiiib fli¢ ¢ffi¢lii-c iiiieiest rnthli(Ml uiilc4¥ rhe 8rrt*ngeilleJ]f coRsiittites 2 fiMDLin8 traJ)sa¢iÈott, Ivbere ibe t[dn￿rtIOn is Riea51ired llt the pr¢5¢1M value of Ihc r¢ceipls d5SLoiin1L￿ at & Ina¥ket ralL ol'iiiler¢s1. Fiiiaiici?l Trs5ets vly55ificd ?s r¢¢eiv&ble williin ithe ycir nut aRiortiBcd. THE LUCY RAYNER FOUNDATION NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MA Y 2024 A¢counilAE poli¢ir$ {Cfjntmu¢dl BtT.ficfirtnp¢i#lli¢ilJililie5 B&$i¢ liabilities. inLlllding CTulilvTS &nJ bank loans are iniii2lly t￿OLyni$¢d llt trBnsaciion pk?¢L unlLSS IhL' ariMDgetneni coDstiliit¢s D fllikillcin8 lrnnsryciio#, wheir the dcbi &rtstruii¢lll is incas￿red ai Ili¢ preseni valiie of tl)e fvmre [kTryil￿n1$ dis¢i)iiiitcd al a iiiai*'cl ralc of inicicsl. FioaDc1141 li4ibililics ¢L1ssified as payllblc iviiliijt onc ycai. Moi a￿01t15£d. D¢bt instruinLnls aT¢ siibsLyucnily cA￿led At aimorllsL￿ CO￿1, u&ing Ihb. ¥ff¢cliv¢ inf¥r￿t rntc Inclliod. Tradc cirdiiors ail obligalions io p&y for go(%t$ or seiYiee% Iliai havc bccn ucquired in Ilie ordinary cour%e of opei21ion% rroin SiLiJpliei%. Amoiiiill P8yclblc *r¢ ¢lissiti¢d as ciirr¢nl liabilirics if payment is diic within oiic yc&i' Or Ic*%. If iiol. Ilicy are r>rLSClited ds li￿1-cUntIl[ lillbkliiie* TrRd# Lrerttloi¥ are reeoBnised iii¥lj8lly JI traJi¥actioiJ price iwid liubswuuiils, Finon¢iJl liabiliti￿tr dre dir¥wblll)5cIi Ivi￿*￿ Ilic ¢hgTiiy's con1m¢l￿al obli8alioiis cxpirts orafe discli*rB¢d ur¢attc¢llcd. .10 EmplTryotr Iioll*ni$ Tke gf any unui¢d holiday ettiiilebiieni is rtCOLinised in Iho period iii ivhi¢h the eJnploy¢¢'b s¢rvicey are i'e¢eived. Trmiinatioii be￿￿1$ ar¢ itCQUDiscd Imnicdinicly ns 4?ti cxpcii%t wliell ihc cliorÉly is dLnionstrably tommiltcd io tcKll)inaic Ilje employm¢nt of oil eiiiiTrloyee orto prowide leniiiijotiui) l)¢ii¢fiis. 1.11 Rtllrenjeiit b¢Th¢fit# Paym¢nr% defined conlribiitioli Teiircjiiwil benL'fJi %¢li¥Tnes are cliar8ed ai) expeii%e they fdll diie. Crillclll estimgtcs judgements T* ihtt 4ppli¢Rlion of Ilic chariiy's accou￿lIng policics. Illc trusites req￿lrea lo m#kc judgcJnetsl5, esliiiiBles a￿VI)Ipli01)s aboul Ikc carryi￿8 aiiiouni of ass¢18 and liabililic% Iliai aic iiol rtr4dily dppdiL'nl f1￿M oih¢r souYc¢5. The e51imat￿ aiid gsso¢iaicd assuillpiioiis bll5td on hisior*cal oxpetiLttce And other facioLS Ihal Considcied lo be IElei'4tit. ALktlL I results nia). diftei. froni Ilie4¢ esilillaies. The esiiiiiale¥ afjd Ill￿¢[1>￿￿g a5¥11D)pIioDS t￿¢ r¢viewed on ongoiTr8 basis. R¢v15ioi￿ 10 actounlitibT ¢slsknarcs are recu8ni%ed in IhE period iii whieh Ilie ¢BlTrlJltslc 1% tcvi%eil iYlieY¢ Ili¢ r¢vi%ion rretis only Ill￿ pBriod, or in Ihe PE¥iod or Ihe rcvisitsrl gttd fviujx periods whew Ihr ITYisioii affccis bolh ¢TrJtYCnl 2Dd fiilwe pcriods. Donati(kns leg4¢les Urtrtstrfftcted liestrrrted lund5 fund¥ Thlil Vttrc51rlctod Restticled fiillds Toial 2024 2024 2024 2ts23 202.1 2n23 66,8(?7 5.6(?9 35.nori 74.501 101,867 2.11,419 40,795 159,425 9U,520 .390,844 GranL$ 72,536 IOY.501 182.037 272,214 249,945 522,159 THE LUCY RAYNER FOUNDATION NOTLS TO THE FINANCIALSq'ATEIVllINTS (CONTINUED) FOR THE YEAR EIVDED 31 MA Y 21124 Montal 2023 Siipporl 2024 107,4.18 Otli¢r tradliiLi afflvltle¥ u￿r￿trICt¢d Total 2024 2U23 riindTaitsiugy events 117,802 Unrestrffttred Unrestviei¢d runds lknnd¥ 2024 202J Iiit¢r¢st ￿￿¢tV￿b]C 3.37f> 201 Ra151ng ￿lld$ Ullr¢$trlcted Uiirestrlcted rundy 21124 2023 Slaging fuiidrllising ¢v¢AI Advertising 454 .804 4.514 l.'uii(Ir47iSirtg PLibliLity 4.514 9,•58 4.514 9,258 g¢ 10 THE LUCY RAYNER FOUNDATION NOTES TO T14E FINANCIALSTATFMENTS (CONTINUED) FOR THE YEAR EIVDED 31 MAY 2124 Ch41'llablt i¢ilvltles He￿Ilh SuppDrl 2024 Hellltli Supporr 2023 Staff costs C.a51s ofgwth sold Dircct ￿81S C".liai'i14ble Ikinaiions Cansllllii1¥ Rcnl Preini%2% ttxpèii%e% YlJll-Iraining 23¥,961 71,%%9 16 257,422 113.77)I 80.264 54,460 15,438 R,475 19,974 4Ug,213 4951.415 sha￿ of siipport CU51s Is¢e llofe 9) Sliarc of goi.ct￿RIle￿ coqls18oe noie 91 52.180 3,(￿1 8,371 434,215 S55,2Y2 AiiAlysl¥ by 69.%30 485,462 Reslriblcd fiit)ds 222,237 434,215 555.292 ¢ I I THE LUCY RAYNER FOUNDATION NOTES TO THE filNANCIALSTATEMENTS (CONTINULD) FOR THE YEAR ENDED 31 MAY 21124 Support ¢•stS Supijort cos1$ Goveriianre Iv5*5 2U24 Support tosts Goi'tJ'iiall¢¢ ¢uyls 2023 r)cJ)rcciiilion CoJiipuicJ' exi?iiTrw¥ Pi'iniinb, poslabic SLaiioiiaiy Muli)r expense sub￿1"1P1loIlS En1vrI￿inmelll Travel Ji subs'iyl¢]￿£ Tcleetsiiiniunicgtions 93% 13,211 938 13,231 938 15.234 Y3% 15,234 133 133 57 2.149 23,503 432 57 2,149 23,$03 432 325 325 715 715 1,837 8,U30 1,1137 8,030 Sundry tO81S 1.2¥6 1,2116 AcLUlllltan¢y Baiik f¢es Book.kL'¢Plltg 5.65 563 2.150 5,658 563 2.150 459 2,3.18 459 16.Ck? 25.OD2 52,180 5S.877 AnAly%td b¢Th¥erii 16,fj31 8,371 25.(1()2 52,INV 3.697 SS,¥77 tiovcrijancc coslx iiicludes pttymciits lo the iMdcp¢ndMI cxaJ*irte¥s of*2.70D {2U23- £900) foi. iRd¢pcndcni txaiiiinaiioii rees. 'ui* vf the tn151ees {OF any peTS0115 coniie¥led iviih Ihrtn) trc¢svrd Jiiy iemuii¢rali¥n or beii¢fil$ fr()In tbE LthRTity diiLryng tli¢ y¢ar. 11 Eniplo)rt£% The &veragc iiioiiilily nuin&Tofcinploy¢¢s sjuring I1￿ y￿r was.. 21124 Numbi'r 2023 NuinbLir THE LUCY RAYNER FOUNDATION NOTES TO THE FINANCIALSTATEMENTS (CONTINUED) FOR THL YEAR ENDED 31 MA Y2024 Employees Icolltlnuedl EmplDvineJil c05ts 2024 2023 Illllgcs niid salaiies SociRI 6ccurily Losts Other costs 201,519 26,Y6Y 10,473 17,209 6,774 238,961 257,422 'I'hc I1￿.%1¢c% ¢oiiÉid¢r two i*einbc¥s i¥f%iarrio bc kcy inanag¢incni pe¥sniiMel.-lThc lolal einploym¢nl bewfils ofkcy ittuINiuriMent persuiii)el iveJ'¢ L121),014. Thc nuiiib¥r of ciiiployces Ivhos.c ￿lI1￿ncr*I1Qll wa& iiiorc Iliart £60,(W is as folloM'%'. 2024 mb¢r 2023 ¥Q.UOl - £90,(]UU 12 T&xarloii Tlie eliarity e.xempi frum Iiix OD ¥IiL(sill¢ diid bTai115 fallinLT within secliun 505 ()f rh¥ T*xe% Act 19811 or seclioii 252 Of tli¢ Taxa(ioD ot'Cli¥rg¥Jblc Gaiiis ALI 1992 kn IhL' cxt¥'iil tli8t Ilicgb JrL IippliLd to its. Lliarildhl¢ 1>b3￿t5. Taiiglbjt fixtd *s%et Comyiikr Eryulpment Ctb$t Ai l Juli¢ 2023 690 AI 31 MLY 2024 4.690 DcprcCl￿t1Tr￿ Rnd ImpRlrDTrLiEkt Ai l Jiint 2023 Dep￿1￿£11)R L-knTLIL'd in Ilic 938 Ai 31 May 2024 Carryln¥ am(punt Al 31 May 2U24 2,814 At 31 May 2023 3,752 THE LUCY RAYNER FOUNDATION NOTES TO T14E FINANLIALSTATEMENI'S (CONTINUED) FOR THE YEAR £ND£D 31 MAY2024 14 Del)h)rg 2024 2023 Odier debtots PrcpEiymtrJ*i.i aiid th¢eri￿lI inL'onic 451 7.390 7.841 4.500 15 Cftdili>r5: ¥niiiunt$ (alllng witliin year 2024 2023 Odicr thxllti￿7 SLKial secLIriry Dcfcrrcd incoillc Trthde ciedtlots cir(lilo aiid d¢f¢iird iiicoiiie 4,221) Ifi 81x1 4,1195 1,625 23,164 6,174 16 Deferrtd lrteonj 2024 2023 ()Ilier deferred incoine 12,580 t)¢fvrcd incomc 18 incltsded ift IhB finanoial sthicincnis a$ follows.. 21124 2023 D¢f¢rr¢xl luc0￿lle is %n¢Juded wilhitt.. CUT￿￿1 liabFIi1scs 12.580 Moi'¢incn14 in lh£ yc#r'. D¥f¢Tr¢d iTILonTr¢ at l Jiiiie 2023 Rewur6c6 J¢fcTrcd In th¢ ycsr 12.58 D¢l¢Thcd incDSEiC al 31 Muy 2024 12.58U 17 Retlr¢nieNt benelll sch¢me¥ tB ihprity opLrR1<5 3 dLfiii¢d iVDlribiiti(Hl I￿151011 sclithnc fur ￿1& qvalifyijib) ¢iiiployLCS. Tlie cliarg¢ io prolit or1055 in tcspccl of dcftncd ¢oiiiribuiir¥it Ichcines wa% 110.47312023- £6,?741. Pabie 14 THE LUCV RAYNER FOUNDATIOIY NOTES TO THE FI(YANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MA Y2024 18 Ile$trittert funds The Intoinc funds vfihe ¢haTIIy Iki¢lvdc r¢%liiclcd fvnd% comi)risiTTrg Ibc following ￿neXpelided biilances donalions and gFaiii$ licld on In151 for $1)Ecific purposc%.' MoTL'mL'lIt fuiid5 Iiirotnlng Tr￿￿$[el resilUf¢t5 MoYellJciit In fund¥ Inro*>lrtg Rfsoiirny5 th'Aa6fors reS0￿￿te$ BolAllep*t alAn¢e it 31 Il*y2024 C).1,021 188.3151 25.294 Mcnthl Ileitllh 7,8711 12,1681 5,710 5,710 Suriey SIiiLide B S&'rvicc Suppoii (imiip5 S¢liools Prosrn ijf exFJ2dittire lieiween Ihe varii)its funds, Ag a tre%iiltol'ihi¥ r¢view.￿>1lle ot Ilitt adju%ii))eiii4 iini)4Lled tli¢ pi¥vi()Iii puiod tlir%i lidve herii Inllde aL'L'ordiiiLkly. PIEge 16