Chwlty r•ghtrnllon numb•r 1195432 Clp• r•O•¢r•kn Dwnb•r IYI31493 (England and Wal••) S P LOHIA FOUNDATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
S P LOHIA FOUNDATION LEGAL AND ADMINISTRATNE INFORMATION Mr Sri PaSh Lra Mrknit Loh Mr¥AArtiknrt Mr SarpyP4# 1195432 Company numlmr 13231493 Prfn¢WI addr• 6th Floor SY0 SW1Y&JD Audltor 314 Regwb Ro•J FTh*
S P LOHIA FOUNDATION CONTENTS TDJst•es' Mpc IndgpJnd•nt awAif5 T•wI ance shpel 10 statemt01¢08h 11 11 12-16
S P LOHIA FOUNDATION TRUSTEES. REPORT IINCLUDING DIRECTORY REPORT) FOR THE YEAR ENDED 3f DECEIIBER 2023 The Tntstses r•wt ¥h1 Stalents 31 O#rmb&r 2023. fifianci s1nIS and comr wrth lh• fouTrJafrC.s and Arbcg ofAswakn, the C¢JnpanhrysA( 2¢XO and "Aco)unlry ar¥J RFthtng ty Chths St•tsm•nt of Rocommgnded Pro¢c8 to chaths prepariThJ Ihwr in accudance V+h the Fina¥al Stwvtsd in t UK and ReputrAic of Ireknd IFRS 1021" lèfflctivo 1 January 20191. ObJ•etl¥•• and •¢lfrAtt8 tyne lo brne dotsmiim. Grants Icahn Sthod ol MOdn• at Smi t1.610.6CKI - The don'on wo5 lh• sokn pp of uealW a earthovasojar ¢(ting of Miwamy rorognE•J physK4ans a)d researchers 2. Vogu• Ttl IChanlio¥ A•J Fowbjationl to SFuficaly swport vrk Ilwt yaks b) seeing a oftr fvnds gory J Organas[ r•Kes•nt ofc4wse fflake up beab.ng heart J¢rffiunty. 3. S•v• Grnnt E24.CQ0.p that wJes seed w¥lo1 fry o phil•thropic bwur¥. $portS •xl$try Mak-ySh UK £15,IXiI. was m•J• t(vxdg lh8 chaffj to 9r•ni me41 wNh•s kn thren y¢xry pe ffjh14rrfJ lrfethroatsThirg ikno88• S. The Royal InstilulJ of hknation81 Aff•'(s £10.OC#)-Tr th)noti the Irtsllute w.rth ils mission to gobmm•nts sou•tios W • susl•not Se. Kwosp8rous lust world. ryry rlsat. 7. Praina Sth)lar £24.740 - A schh 8WlOrtI d)thknn of •xtonded famity of F4oy88s to attth tcy dob8ly. Th• scMknI4) tAI cfjwr triti'on fo•$ li¥ing eypgn39¥ for ¥K4dem rfvmarTh. 8. Venkotskrwtha £11,0(fj- Tr was m•Je ¢0 Ixryiw ol land to tsibj th• once th01ond has xquwed. undation shoulj und8rt.
S P LOHIA FOUNDATION TRUSTEES. REPORT IINCLUDWG DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEIIBER 2023 A¢hl•¥•m•nl• and p•rforniwK• Sthool ol Mednts at m¢ Sin81 £1.610, - T colbOratIOn. the patierts the t(trqualty. rcs$8ry to hèalth. A kèy èxnpla tsf neeriTrJ reswth 4itth h CVCJ o Y••ty IV study. wtrich i% wmed at rndudn9 high of knw- dor1 Ipcprotsin thde¥tsrol ILOLI} pob wih ¥Yy h LDL4 l•¥Yls. ar who •xpenC 8ffBd¥ to 13h4ow stn¥. Undèf thè dirnction of Dr Annapooma Kini, MD, thè Ytlow IV Irial wil study the effect ol a lipKI4owervJ m•dication on hvJh4isk pats•nts stat4• cornnary arbry (lis•aae (CADI.The trial wil enrd patiarts on tho "ghest d¢)6e of a stab"n who peNstenly hh LDL-C lèvels. Er. kni hopos the trial wrill hg Iwo¥e our un¢JerstsndirY4 of mechantsms rtSp(Sth lor 'wwH85ponse" to llp¥J4cwgrw whilg Kknbfying palErfg at high lor thr3e heamh outccwnes. 2. voah {Charibesd Foundatwl £80.(KXI- Lonoon Fund for ihe Performing Arts. wlh th• SUFPOrt ol grant makiThJ ooltion CAF. ¢de Nasl has alrety n¥ted lo donate the net venUe ffThm th.cket sakn and we are inbknJ a $8lact8d w of to iowi in svpporting Ferfcffjiing arts in London. 3. Seva Grant £24,000. Thw• ww• thr•• grartO•S s•¥J momy to support chitatlè cau. - Mr. Abd H¥is Fitii wi Indola me•j a colab)ralM wth th• P•juang Cancr Foun(l•Jn in In(hywia io proyide paiwts wilh of medKAbon. doctor ¢hep$ and nutritb)n. grart 30 paborrts untjer the ag8 of 14 rec4Ned Ihrwh the grant •rwblad cus ki bB8r gro1 as wo11 •5 the necessary . Mr. sas VakntlM Chkniadom li Nwjeria meelved aKI ui F0dIng trwning for Community youth to IlOp WLtrepronwJshp sknls. Mary of Ih& youlh 8r• OlKthans. bby ond I wivi18ged. ThroW the pWkne(sh ith Samchuks EntrepreMur5hip FouTrJ)n. thè prqed proMd8d foundatiOr1 and proc'cal S15 for owr 1c parb"rApants. Tho FourKla'on to of praLcal traming indwlry $hoemakirJ. faryning. baking. nd lumrtur• making. Each traing mc#Yule irwratsd a bknKI of th.¢01 knedge and praciKat appIlion. enswwwJ pa"1Pants gained a w&VrDund8d urthstarbJirwJ of Iheir tho field. A totsl of 127 pac•pants succlty •nr¢ll8d and CLIMp thè prtgam. ¢Jwnonstrating ir MitMent to ye•0¥nt and 00M w0nt. Th• projad 8nd8d th a tssu8d to all the b8neficMri8S. . Togoth8r Tmth tho MrH)rofit glS80 K•nn•ih Johnson FouThJation and Wara Cornmunty De¥dopment n Ni9•ria. tP#¥ w)t &d•d In o)mmunAy sonsitisatie. srt rnobthn. r¢rnowal ol the obj Str# layry th• foundatSon81 blocAs lor tha n•w rnarko( as 11 as 81edri1 a1 ropaintirg 01 rnarkeL 4. M&k&A-Wsh F(3"0n UK £15.(OJ. On abErJo klawvblgh grants aFvwmatdy 1.000 Msh8s per yew. In 2023. tlw grantsd obr 1,2 rysh05. An of the that 7Apre (knINwgJ SU53 aro Iw was tralnty tr> be a balot dr ctthFt•d har dmoth8rApy pgrbjd whgrg 81 leted in theAII England Nabonal ba fn. Her7Aish was kj SForyJ at a ballat company. ar1 sh8 also altend the Nutcr attr NatyLal Opera Hwse. 5. The Royal Institirto of hrtomath?nalAffair8 £IO.OCQ {Chatham FbyJse}-Tr S.P. Lohia FrallOn ryoMd•J rnh rOdad unr85tn"Lal flmding in fv amount of £10,IJ)0 in 2022r23. Thg Fujndabon 9rwit has been used. aloffjspja olhef r051rKted th)natK$. to 8n5urg w¥fainabkn kn ol chal• House. rnwntainin9 r abilrty to conveno m••tiiy. bJ •mwwJ •roas of nd tts r¥•¢h 1 oThJgge a m(Ke dN•rn• audierK•. 6. ChibJren'$ TNst £9.6th1- Th"$ wl W (knaity to bjy SFeoallst •Went kn halp With brabn injury or neur1'1ty. tt has thJThJed a rarrtjg cl swtrJory WjpTrt 4oryKle kaluie walWw aThJ blir•Js to tt8at8 an uTrJor th8 water IhEm81 The w9ht thben Ir48 in Cheslnut How are nty bonfitiTh3 from a tovdy int•raLth enw¢Jwnort 7. Pr8lna Sthow £24.740 . Th sche4*sNI was to HLMwwn Umarov of Uzb&Wan at AJrLon rsty.
S P LOHIA FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR ThIE YEAR EbVDED 31 DECEaik8ER 2023 It il Ihe polty Lrfthfr trJwJai(ffi thal hjrth haNB not be despaled lor a spe(ifi¢ shwhj bè maintsined at a wtsYateTht to btheen I1 and six thth.$ Tn)51 9)n¥er that rèsowvos at thi8 level vdl gmurè thai in th• Mnt of • sry4fic4rt tjrw in lundw¥J, thgy bp abkn to conth'nue th& fourJation's cuwrent a¢bMls i5 9wn bways •Jthbonal knJ5 may h rais. in tAace io mW Ilhx8 MW 1. Tlw foundoion is ¢urr8w a US wgwwtion to dowlop a tr• amateur on m8nt81 hatt Th8 fikn th• stwy of inrn n a hVjh4rity pri¥m vhw) The fOW)dab is a company knited ty guwants• ¥h1 r6 go¥pmed ty its MWTb0rJLrn OfASda1n. The lowdation was 27 Fobnmry 2021 was regi as a on 8AugLt 2W21. Tho Tru8toes, who aro dir¢¢tor¥ fty thè ofca)¥wty I. 8ml dunrg up to the d ol slg)aiurg oftho financi stat8m•nts we(•." Mr Srf Prnk•sh Lthiw MrAmft Lohia Mrs A&tAmit Loiaa Mr Si0yAg#ral Unknss ottrwo0 dOt•ffl by thè Tnjskes. Il• of Tnxlo•8 ghal noi b•188s thr but sh1 not b• 8ulwdto ary maxiblum. The Trustees thal hav• th• at lim *) any able aNI Wrti go to ts a Tw5te8. Audtor Jitorolth? cryany ata Gene1 Meetry
S P LOHIA FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTOR8. REPORTI (CONTINUEDI FOR THE YEAR ENDED 31 DECEAIBER 2023 DI•dUr• ol InfornonI• •uth)r Eath ol the Trustees has confinned Ihat tr? 15 no whith Ily are aware wh•th B rgknnt to th8 bul of tuch the au¢knr is WaTe. TW haw fwther Corf Ihat they ha taken pw¢)pria¢tr step8 to J8nbfy 9uth rdevart infrJmiats)n 8ThJ to4$1 that ofsuth irfonnal Appfov•d by thè Trustegs gigned on bthalr. Aarb"Amit Lolaa 9 October 2024
S P LOHIA FOUNDATION STATEMENT OF TRUSTEES. RESPONSIBILMES FOR THE YEAR ENDED 31 DECEMBER 2023 Tho TpAt•o1, al ts (r•ctcn ol S P Ltha FljaI ts thè of company law. are reSpolb fr)r preparing IM TNslees' and th• statsmwts in at£ordanc wslh law a1 Unitod diw¥J tho wiceme and expendrture. ofthe clwilA• ctryany Iwlhatjtw. In wepathg finandal siakntt T•iM8s w• tu. . obstTrA method$ prfjnc*s Chth SORP. foundati V441 nrJe in operatY)rL ry t¥Dg thè finanu41 pogitK>n olttlè fouTrYatsJn and thwn to ensure t1 ts financial statements Cpty wilh the Ccffipafiies Act 2(#)6. Thèy are also reEF(rtb tr sof•3uwthng the assets of th• four#l•tion aTrJ henc•
S P LOHIA FOUNDATION INDEPENDENT AUDITOR? REPORT TO THE TRUSTEES OF S P LOHIA FOUNDATION Oplnlon have a4Klited tt ffinan¢•l ¥lal8rn8rts of S P Lolla FouTrJdhJn (Ih8 knTrJabthi'l ffi)r thè y•ar ended 31 December 2023 Whith cryise Ihe slat8m8rt of aLvibtsS, th• shoot, thè siment of ¢ash and notes lo ts finarv815tat8rnen svJrMficart pol[. reporting framewo Ihal hag b88n applBd in Iheir pryarnts.on is l• aThJ Unibj Accounbwa sta1819, indudin9 Finana81 R8portsy Starthrd 102 The FinaKial Repcwtinu StwhS¥d applrth iii the UK and Repubfyc d ireland (Unitad Kingd GenorallyAoxptedActs)unting Pracb"ce). In our thg finon¢i4 8tstwnents.' give a tnje and f•r ¥w of th8 8t of aff•r$ as at 31 Dé¢Ambèr 2023 8rKI of ils and 8Ml• ft>r oplnlo LxThlucted our aLwJ ilh S¢WKlth on AL¥thbng IUK) I1 lu> AA)kthlb law. Our re5p(Thiblths bknsè frJrtr d•$cd in th• A10 rnsponsS for thg off thg n81state1ents socb¢Jn of our fep)rL V are WhYeper#JI ol TtyJndan in 8rdanCe the ethical rgquir8ments thal af• rd8vant to tyjr audit ol the flrwual Statnts in UK. the FRC'S Éthical Standard, and we have fvlfdled ow ethical responsilties in accordan¢8 with r8quirgrnents. belvd Ihattr a111 eTh¢e habp £thij i8 suffwrtaTrJ to probl9 o ba¥is for ow [PIDn. In al.ng th• finanti81 sthtèmlnts. wè habe tnd that th• Tntststs. us• of ts gory e4rt•m basis of ac£ounting in th• ry4)arati of lh• stthmonts Is appr. condthn$ Iha( lrnlinJua w ¢ole(bp. moy c8St swJnrfK¥rt doubt on th8 four¥Jatb)n's alxlity to tsjnlviue ## going f?)eM for a pw>J least m(mlh5 from Trtntho f81 Ststemts arn aOr#d trjr issue. Our r95ponsbilths aTrJ Iha rnsponsiblth ol lh• TnAt8•s wlh ros to going cor are descrted r¢k8vant SeCti¢x o11tr4s repo Oth•r Inlorni•tlo Th& olher Info9 com[888 tha wrf0rrnai the Tr180#. r•wrt oth•r Ihè finantsal stat•m•nts and ow authtorfs report tharnon. Thè TrLat••s am r•sp(¥tsth lor lh8 cts inS)mMbon eonWn8d within tr TJu8te8S' opmwon on ffnan¢al stsknents do&s cOr tha (thr thfrymatlw J, exrApt to lh8 extent olhamse eXpY stJ reprt eywess kjmi of assu1ae conduwn theteon. thr r•sponsilty is to read the other infcffjiab.on and. so. consKler whether ts otsr inforrnion is material inconsislent the final statemenb cwr knry4ed9e obtaned in the oflhe audit, orothervi¥e apr$ bo Material mi8gtabJ. 11 we bJents% such rnaten.al In91?[¢S w apparent mi551atemgnts, w8 are rwuired to dots1[ whether ttws to a rnateri MIlaternnI In firwnc4al stat8m8nts th8m5th5. If. b888d on th8 wowk p8rfonn•J. w• tsjickvjè that thw• is a Malw mtsstthm•nt of ths other irrformalhn. w• ar8 rnquw•d to rnport that facL vit have n¢Yhry b) report in this r•g¥d Oplnlom on othtt mati•rn prn•¢rfb•d ty th• ComnI•l Aci 21J06 In our opinion. based on tho wryk und8rtkn in ts cours0 of ow a the info¥t)n gi¥en in the Tn188 rwi lor Ihe fjnancia ltsr whith thè finan¢% ar• prop1. thi¢h indudès the th"r•cth' rBF¢rtweFwed for the purprès of company law. is cn$ist•ntwth I fvanci81 stments: the diroGlors' f•FQrt dJ•d wllmn Ih TrL01$. rw bew wepw•J in adnc wlh ?pplicable1ggal rUiremen1$.
S P LOHIA FOUNDATION INDEPENDENT AUDrroirs REpoirr (COPMNUED) TO THE TRUSTEES OF S P LOHIA FOUNDATION IA•tt•r¥ w whl¢h w• av• Thqutr•d to v•w¢ ty •xwllo In t W of th• und8rstrrt•rg of ond ts 8nMrDnm•rt e&tsirthJ kn thè course of ts audl havg not vJ8nhfd matrl $Stathts .fft ts Twustt¥ rnport lirthding th• dir•rtorn' have nthrs to r•port in respert of th8 mallws kn relalkn ) ¢nI88 2LYhS r•qulr•s to report to you rf, ouropini trom branth ThAvisrted by us". Ihe knaThial statnts arn not in accrity records hava not rerW al explwlTh we requKB (Dr our wJ¢ or Ihe Twuses not onbled to pp tho f•nraal slatsm•nts ffi ac#))aT8 tr• smal CLYnp19 réoimt atsj tak• 4dv4n ol the srnall ¢p1. in tring the TrlI' rewt and from thg rwirnmwtto w•par• a Strat tepNL RP0A81b1llll# 0fTnl••I louTrl8tion for th8 ol cfyrwny Iw. are resp)110 for tho pwation of th• fffianclal sta•nI$ and lor bgir¥J thBt tw gr¥e a I ar¥1 fw aThJ lor such 4)tsmal f4)ntrd as TnJstee8 detenTrIr i¥ fi$$#ry b) efobkn the of fmancial siatthmnls that we treo from molw¥l mBslatwwt. whkn due to fraud or eThof. In pr[¥j the finaal slalements. Tru5es awe r85Fwb for a$8e55iThJ lh• loundatth's abilty to continue 83 a going corthm, dtscaosry 85 aFpkcatrAa. mattars r•lat8d to goiNJ coKem ar•J using the ing coneém ba"$ of accth#VJ"ng urfess the Tn5 to tharrtaN• ctynpany or to ¢oa¥e oporations, or ha no reotic altefflati Ixrtto do so. Audltorf• v••p•n•lblllllM torth• dth•llnan¢W Our oty'ectiNw arg to oblail ma80rta• as abtyA the stsl¥mgnts as a aft free from matsrial mis$tatwnent. whoth•r to Ir•J LY &) an IBPOrt that Iude$ our opinK)n. ROnab a&ur4rtt is a hyh level of not a guararth• Ihat an 8t cond in accNdanc• with ISAS (UK) will aw detsrt a rnaterial rnisstal Tth•n It •xts. lknt4tomonls ran from fraud or •rrcrf and qffj coere matsrial rf. or •) Ihe aggwate. tw could bo gyp¢thd t4 infv8nc Iff•gULwo$. inchAin9 fraJ. are of nLTrcomrfjanc and wul8iw&. d¢s•Jn WidUr•S In IIM w5th our I•$PsIbIl outhn8d abo. to ¢tstect matsn.al wi$ststwn8nts in resp8tt of irWUri&8. kxlud Bag•d on our urffJwstsrvJiTrJ of rt OFw•M thè printspal rogtiO tho1 d¥eclty affert ts finaniyal stat&1)1$ b) be tho chwill Art EmplOsrytAd arKI TrIta0 Ad. stl8mtnt itams. In additiory the charity Li SU1¥• tr otsr laws and reqaty th8 cwuenctt ol non<onWl•nc• coulj have a n1101 •ff•ct on or disdoswe5 in thg fclaI 5tat8m•rts. kn instanc* through th8 iMFon olffims w1"gab.0n. ALKJrtvy 8taThYard8 knitthe dit pirxeduresto ideTrts"fy n0n-coryliars Ihose Laws and wulations to ofthe Tr85 ¥AI man&)1t wxl inspectb)n of regulatory and logal CorrespIenCe rf ary.
S P LOHIA FOUNDATION INDEPENDENT AUDrroR'S REPORT (CONTINUED TO THE TRUSTEES OF S P LOHIA FIXINDATION Enquiry ofman•aement thos• ¢haW arourJ a¢Auo1 wbnlial "gats'0n d•irNs.' ETh]uiry ofentity staff to hnbfy any IftsnLS tsfth)nt•mpkt with IAv8 Mgulats"on$." RevwiThJ fflinutes ofmbngs of Ih¢)#• ehty with 9o%ffjma RevMwiThJ sla1 discbsur•s aThJ knsttng to supportmg dogJnentsl)n trJ asse Mpl1Ce with OFFIKabl8 lawts r•gultAK)nS. aTrJ otr afiusbnents fe¢ awjropriateness, ov8luatirJ th8 rnlioThaK8 of Slan¢81 transacbons olde Ihe nonnal ¢(1$e ol bLBiness a)un"r9 oslmkn tor bkas. 88u$¢ ofthg inhgrenl trnita[ of an th8r• is a that not detrLt au Ia[S. induding thosg 1o•Jing to a material mi55tatorn8nt in th• fmanc41 slarts nwKcmplianrx with regulal'on. This risk increases firAneial statements, as • iN b• loss thk•ty to of instsr¥x8 of rbybvcompliance. The risk 15 al$u gr•atsr re9aryling irrogulariw ocoJrring to frd as frA1 IOnal c<rthalm fopjery, colusion, Orn$n or misreprentrj ¥Aww.frc.¢y9.Jauitor3re¥ This frKm¥ part ofour audhof$ r¢FQrt Thè prior yèar Inanc4al stAmonts rfj Un81j. SuffKaent appmpriats evKI8 wa¥ oblwed to ensur that th6 openlrg balances were fr¢• mnal rri8slalwngnl thot rnoy affed Ihe cwrent peinjs financial U• ofow Mport report ig rn•Je $018ty to th8 chawilth tn$ members as a tKJy. in occwdar¥x t•Ath Chaptsr 3 of Part 16 ollh¢ Coryani8sAd 2¢J]6. Our has teen jertth so that myht 18 to ts ¢arilabb Cjjrnpans mémt•rs thos• mattws wo ar• Mqi¥r&l to st to lkn aLVJtS, report arKI fDr no othèr mtsse. To the fijlknt ext•nt P8m)IA•a by law, do accept re¥*)n¥iNity to WryDng 0th8r than the charitaile compary •nd Ihg dw"tabkn 8J a tKrfJy. tDr our forlhis rwi or ler tha +)pknions ha¥e fornwj. A¥ Yad•v FCA. FCCA18•nlorStsluloryAudltry) for •nd on b•hllWof B•rk•lty FkKh Lknll•d Ch4rtw•d Ac¢ounlant• ststutory Audltor 9 Octob8r2024 Fkn 314 Regents Pork Road London NJ 2JX
S P LOHIA FOUNDATION STATEMENT OF FINANCIAL ACTivmES INCLUDING INCOIIE AND EXPENDrruRE ACCOUKT FOR THE YEAR ENDED 31 DECEAIBER 2023 f4md• fund• 2022 2¥ tlonthns Ind l•garAos ,LMX) 1.610. 2.110.6CfJ 505.000 Charrtabie thli88 413.618 1,610.8Th) 2.024.218 TJ2.950 N•t In¢am• forth• ymrl N•t mov•mont In fund• 272.OSO Fund balarw at 1 Jwwy 223 272.eAO FuTrd blAKM at 31 D0mb•r3D?3 3S432 272,050 uryjer Ih? CorrYnAd2Cth.
S P LOHIA FOUNDATION BALANCE SHEEr AS AT 31 DECEAIBER 2023 Curr•nt I41• 3.424 48.521 240.759 Cash at barth and 287.280 Cr•dltovs: •mount• f•lllng on• y•ar 13&891) {15.2301 Net ¢urr¥nt Bssats 272.050 In¢om• lund• 271050 271050 Thesè financial ststements ho be wepwed in acgxdwKe 1h the aFpliCa* to comp1•5 suwci to the smal compan$ rewe. MAorb. Arn Lohi• TnMts• Comp•ny r•g1•1r•llon ThJnb•r 13231493 -10-
S P LOHIA FOUNDATION STATEMENT OF CASH FLOWS FOR ThIE YEAR ENDED 31 DECEMBER 2023 2422 Cuh IloM Irom op•railng •¢llvll•• C¥¥h opwaon5 12 150.140 240,759 N•i¢a•h u••d kn knv••llryi 4dlvlll•• No1 u•h •• In flnlndnq 150.140 240.759 Cash and cash vAuivaknts at bow¥rwJ 240.7S9 Ca•h ¥bnd fjqth74l•nts It •nd oly 240.759
S P LOHIA FOUNDATION NOTES TO THE FINANCIAL STATEPJiEPW6 FOR THE YEAR ENDED 31 DECEMBER 2023 A0119 polcl Ch•rlty Inlonnallon S P Lohia FoundatK)n is a wfvate rAmp•w knknj by Thwanto9 Iroyp)rated in Ervjand Walgs. The T90d olke and athl$ ts eih Fknr. 86 M}yn StreeL Lon. SWIY 6JD. 1.1 Ac¢ouThVng com18nOn The fmancKg1 slatsments hm rn>¥ed In •CL¥xd frx¥hJ#iiw'g V•nowdum •nd Arti¢los ofAgsoaabJn. fv Cpanies Ad 21XI8, FRS 102 'Thè Finantsal RepNlir¥J Standard in thè UK and Republic of IrBW fFRS 10r) aThl Ihè Chaittis SORP "AttOLmting and ReputirKJ by Charits89 Statern¢nt of ReconThndQ PraLco ataL to charities wepapr¥J theii in aldan ¥Mth the Financ1 R•ports"ng Standard applicabl6 Ai the UK aTrJ RWJk of Ireknd IFRS 1021" l8ffects.ve l January 20191. The fothJatson is a Benefil Erty as deknj ty FRS 101 The fmancial staterne been wepar•J hiJlyKpl ro¥t c(x?ntiryL Tr prinupal accounlwvd policies adopbJ we set wt t¢1 12 Oolbw ¢onMm fouThJalon has adw•ia resources to Con kn cwaUonal etstwKe for Ihe fre&ab fuiwe. Thus Tnjstees o)nts"Ne to adcW ts gory bags of acownkng m kyepwwig the finwKial 8labmanlS. IJ Charltsbh fund• Re5trirted fwKl$ are subiert to sFeLxfK JtionS trrf dDfKX5 a5 lo thgy may be . Th? purPC uses ofthe restricted fvrJ8 set In to the fttwcial slat8m8nts. 1A Incom# Ca¥h donatims arè rgrSed on Other (h)nakn 8A• race5d orK the foundabon has been relation to doTraloM r•rxwd urth &ftAJ or deeds al¢ty4•Mrt IB reco9nssed at the time ofthe donabon. a contmgenl asset 1.5 exp•ndlw• E¥peTrJiture 1$ re¢ognis•J Ilwe B a W or C1Kth ot4&Jation to trartslèr •eonomic bonaffit ta a lh1 pa. it is proba that a trarth b$ be re¢yfvY Mi a•111 aThJ th• arnc of Ihe obl¥Jation w be measured rth"abty. Is dassffled by acts¥ty. Thè costs ol acmy up of ts lotsl of direct costs shared costs, Indling supwt $1$ in¥cknd in urNJwlak]"r4J •ath ()Yect )&19 altributable to a single •cb"vty 0(j thr•c that aGw"ty. Sh¥ed cosls wlmth conlribyte to rnore than one OLMty support cosls arg offrI)Ula to ¥ Wh?ngd bgMwn thos8 BcIMts"gs on a ba¥i? )nsistent ilh th8 of rèsourtss. Centrdl #toff ttsts arè axatèd on th• of t•m• sp8n( -12-
S P LOHIA FOUNDATION NOTES TO THE FINANCIAL STATEMEPn (coiinNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 A¢¢ounllng polld 1A C48h and Gmh •qthial•nts Cosh and cash gJuivaIts Thaude ca¥h in h&. dep)th hehj •t iih bath. ¢Atr ShoterM Ii4UKI Inbsbn•nts orwal rnatiwi of thrno monlhs or less. and bw ovwdrafts. Bank obprdrats gr& shown DwllunB and acl fund• furtrJ8 2023 202¥ 2023 Donabora and glts SLKI.(XKI 1.610.600 111D.600 $0S,OQ) Ch¥Stsb Ch•rtt•b Exp•ndllur• EMp•ndSturn 2022 33,137 51,447 Trnvel and s51 Aolwikn3 ar#J put rdatK 183,953 20,673 218.988 83,740 Grsrt lundirg of Is•• 41 Share ofgovamonc• coats Is•• no S) 1,769. 3S.2 121,OC 28.210 2.24.218 232.950 An•l• by fwd Unrnstn'Cj lund8 Reglncted fuTrl$ 413,618 232,950 1.610.Wg 1024.218 232.950 13.
S P LOHIA FOUNDATION NOTES TO ThE FINANCIAL STATEMEP4TS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Grani• p•yabl• Charh•bl• Charab Expdr Eypend 23 2022 arts to Irthbom.. The Royal Instt'tute of lnteffonaAffa The Ch&Yrnn$ Trust LondoTh's AirAmbulan( The ma1(01 Gallery Trust VI8takkna VruThlavana UK Lind hnamuib FoUndaTr Tt Ltd M&A-Wsh Foundab"on UK Vogue {ChaiitSAwj F¢)urthlbMI Grants Icahn Sclvx)l ol Medicrn at Swwi 10.000 10,000 10.000 11,000 ,000 I1.J0 5.ODO Is.(0 60.0 48.740 1.610,10 1,769.940 121,CJJ Support colts 2022 Legal aThJ pfof•ssional IridèF•idènt 8x8mim¢s 24. 24.r 24,539 24,539 2.400 AwounlarKy aThJ pwrfl 240 1.194 77 Otsr co¥ls Insurance 77 2.150 2.150 35,29) 35.29) 28,210 28,210 Chanla>ig acbvit 35,2 35.2 28.210 28.210 foundathm (lurfng tr yw. fOUndatK duriThJ the yaar. 14-
S P LOHIA FOUNDATION NOTES TO THE FINANCIAL STATEMEKf8 ICOPfflNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Employrn•rt coBts 2022 33.137 45.929 5.518 33.137 51.447 D•biorn 2022 ArnouDt• fallng th• Th*hlTh y••r. Other debtors 414 1010 46.$21 3.424 46,521 Cr•dlknrn: amowbts falllng du• T•kn y• 2022 Tradg t¥•ditors Grants payable 15. 11,885 12.830 35.891 15.230 -15-
S P LOHIA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 10 R1ct•d donthrns and wants hdd on Injst hr Sp•ifKpwpt'. IAg¥•m•nl In lund• 2023 Icthn Sthool ofMe(kvi? at Mount STh1 1,610.6CAJ 11.610.800) Thè donalfion was mado ffi)r thè of a tIO¥al¢u18T errri1 iNsbtLrtè corwstsn9 or naonalty recogn phylvians arnl reS•¥C wh) diTht41 trials #NI ilC•JfrL)ratè thè lat•st 11 R•lAt•d pgty trn•a¢Uth 12 C••h g•n•rnt•d from op•rntl¢)M 2023 2022 Swplus lor the year 2711)50 Mov8m•nts in wol[V t•Y21 DevaglVe8S?) in debto Inu8ase in ryedrto 43,097 20.861 146.5211 15,230 150,14] 240,759 13 Anatysl8 olch•ngo• In r*tlknd• The ndation had no 16-