Chwlty r•ghtrnllon numb•r 1195432 Cl￿p•￿ 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 P￿aSh Lra Mrknit Loh Mr¥AArtiknrt Mr SarpyP4#￿ 1195432 Company numlmr 13231493 Prfn¢WI addr• 6th Floor S￿Y￿0 SW1Y&JD Audltor 314 Regwb Ro•J FTh* S P LOHIA FOUNDATION CONTENTS TDJst•es' Mpc IndgpJnd•nt awAif5 T•wI ance shpel 10 statem￿t01¢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 Stalen￿ts 31 O#r*mb&r 2023. fifianci￿ s￿1￿￿nIS and comr* wrth lh• fouTrJafrC￿.s and Arbc*g ofAswakn, the C¢JnpanhrysA( 2¢XO and "Aco)unlry ar¥J R*Fthtng ty Ch*ths 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 MOd￿n• at Smi t1.610.6CKI - The don*'on wo5 lh• sokn p￿p￿ of uealW￿ a earthovasojar ¢(￿ting of Miwamy rorognE•J physK4ans a)d researchers 2. Vogu• T￿t￿l￿ IChanlio¥ A•J Fowbjationl to SF*uficaly swport *vrk Ilwt yaks b) seeing a oftr* fvnds gory *J Organ￿a￿s[* r•K*es•nt ofc4wse fflake up beab.ng heart J¢rffiunty. 3. S•v• Grnnt E24.CQ0.p￿ that w*Jes seed w¥lo1 fry o phil•thropic bw*ur¥. $￿portS •xl$try Mak￿-y￿Sh UK £15,IXiI. was m•J• t(vxdg lh8 chaffj to 9r•ni m*e41 wNh•s kn th￿ren y¢xry p￿e ffjh14rrfJ lrfethroatsThirg ikno88• S. The Royal InstilulJ of hknation81 Aff•'(s £10.OC#)-Tr th)noti￿ the Irtsllute w.rth ils mission to gob*mm•nts sou•tios W • susl•not* Se￿￿. Kwosp8rous lust world. ryry rlsat*. 7. Praina Sth)lar £24.740 - A sch￿￿h￿ 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 Med￿nts at m¢￿ Sin81 £1.610,￿ - T￿ col￿bOratIOn. the patierts the t(trqualty. r￿c*s$8ry to hèalth. A kèy èx*npla tsf neeriTrJ reswth *4itth h CVCJ o Y••ty* IV study. wtrich i% wmed at rndudn9 high of knw- dor￿1* Ipcprotsin thde¥tsrol ILOLI} ￿ pob￿ wih ¥Yy h* LDL4 l•¥Yls. ar￿ who •xpe￿nC* 8ffBd¥ to 1*3h4ow st￿n¥. Undèf thè dirnction of Dr Annapooma Kini, MD, thè Ytlow IV Irial wil study the effect ol a lipKI4ower*vJ 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 h*h 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. vo￿ah {Charibes￿d Foundatwl £80.(KXI- Lonoon Fund for ihe Performing Arts. wlh th• SUFPOrt ol grant makiThJ oo￿l￿tion CAF. ¢￿de Nasl has alre*ty ￿n¥￿￿ted lo donate the net ￿venUe ffThm th.cket sakn and we are inbknJ a $8lact8d w of to iowi ￿ in svpporting Ferfcffjiing arts in London. 3. Seva Grant £24,000. Thw• ww• thr•• grartO•S s•¥J momy to support ch*itatlè cau￿. - Mr. Abd￿ H¥is Fitii wi Indo￿la me•￿j a colab)ralM wth th• P•juang Canc*r Foun(l*•Jn in In(hywia io proyide paiwts wilh of medKAbon. doctor ¢he￿p$ and nutritb)n. grart 30 paborrts untjer the ag8 of 14 rec4Ned Ihrwh the grant •rwblad *cus ki bB8r gro￿1￿ as wo11 •5 the necessary . Mr. s￿￿a￿s VakntlM Chkniadom li Nwjeria meelved aKI ui F￿0￿dIng trwning for Community youth to I￿lOp WLtrepronwJshp sknls. Mary of Ih& youlh 8r• OlKthans. ￿￿bby ond I￿ wivi18ged. ThroW the pWkne(sh￿ *ith Samchuks EntrepreMur5hip FouTrJ**)n. thè prqed proMd8d foundatiOr￿1 and proc*'cal S￿15 for owr 1c￿ parb"rApants. Tho FourKla'on to of praL*cal traming indwlry $hoemakir*J. faryning. baking. nd lumrtur• making. Each train￿g mc#Yule irwratsd a bknKI of th￿￿.¢01 kn￿edge and praciKat appI￿lion. enswwwJ pa￿"1￿Pants gained a w&VrDund8d urthstarbJirwJ of Iheir tho field. A totsl of 127 pa￿c•pants succ*￿￿lty •nr¢ll8d and CLIMp￿ thè prtgam. ¢Jwnonstrating ir ￿MitMent to ye￿•*￿￿￿0¥￿nt and 0￿0M￿ w￿0*￿￿nt. Th• projad 8nd8d ￿th a tssu8d to all the b8neficMri8S. . Togoth8r Tmth tho MrH)rofit ￿g￿lS8￿0￿ K•nn•ih Johnson FouThJation and W￿ara Cornmunty De¥dopment n Ni9•ria. tP#¥ w*)t &d•d In o)mmunAy sonsitisatie￿. srt rnobth￿￿n. r¢rnowal ol the obj Str￿￿#￿ layry th• foundatSon81 blocAs lor tha n•w rnarko( as ￿11 as 81edri￿1 a￿1 ropaintirg 01￿ rnarkeL 4. M&k&A-Wsh F(￿￿￿3￿"0n UK £15.(OJ. On abEr*Jo klawvblgh grants aFvwmatdy 1.000 Msh8s per yew. In 2023. tlw grantsd ob*r 1,2￿ *rysh05. An of the that 7Apre (knINwgJ SU￿53 aro Iw was tralnty tr> be a balot d￿r ctthF*t•d har d*moth8rApy pgrbjd whgrg 81 leted in theAII England Nabonal ba* fn*. Her7Aish was kj SForyJ at a ballat company. ar*1 sh8 also altend￿ the Nutcr￿ attr* NatyL￿al Opera Hwse. 5. The Royal Institirto of hrtomath?nalAffair8 £IO.OCQ {Chatham FbyJse}-Tr S.P. Lohia F￿r￿allOn ryoMd•J rn￿h r￿Odad unr85tn"L*al flmding in fv amount of £10,IJ)0 in 2022r23. Thg Fujndabon 9rwit has been used. aloffjspja olhef r051rKted th)natK￿$. 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 neur￿*1'1ty. tt has thJThJed a rarrtjg cl swtrJory Wjp￿Trt 4oryKle kaluie walWw aThJ blir•Js to tt8at8 an uTrJor th8 water IhEm81 The w9ht thb*en Ir48 in Cheslnut How are nty* bon*fitiTh3 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￿ desp￿aled lor a spe(ifi¢ shwhj bè maintsined at a wtsYateTht to btheen I1￿ and six th￿th.$ 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& four*Jation's cuwrent a¢bMl*s i5 9wn bways •Jthbonal knJ5 may h rais￿. in tAace io m*W Ilhx8 MW 1. Tlw foundoion is ¢urr8w* a US wgwwtion to dowlop a tr• amateur on m8nt81 h￿att￿ Th8 fikn th• stwy of ￿ inrn* n a hVjh4￿rity pri¥m vhw) The fOW)dab￿ is a company knited ty guwants• ¥h1 r6 go¥pmed ty its MWTb0r￿JLrn OfAS￿da1￿n. The lowdation was 27 Fobnmry 2021 was regi*￿￿ as a on 8AugL*t 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 S￿i0yAg#r￿al Unknss ott*rwo0 dOt•ffl￿ by thè Tnjskes. Il• of Tnxlo•8 ghal noi b•188s thr￿ but sh￿1 not b• 8ulwdto a*ry maxiblum. The Trustees thal hav• th• at lim *) any able aNI W￿rti go to ts a Tw5te8. Audtor Jitorolth? cryany ata Gene￿1 Meetry S P LOHIA FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTOR8. REPORTI (CONTINUEDI FOR THE YEAR ENDED 31 DECEAIBER 2023 DI•d￿Ur• ol Inforn￿onI• •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$￿1￿ that ofsuth irfonnal Appfov•d by thè Trustegs gigned on bthalr. Aarb"Amit Lolaa 9 October 2024 S P LOHIA FOUNDATION STATEMENT OF TRUSTEES. RESPONSIBILMES FOR THE YEAR ENDED 31 DECEMBER 2023 Tho TpAt•o1, al￿ ts (*r•ctcn ol S P Ltha F￿ljaI￿￿ ts thè of company law. are reSpo￿lb fr)r preparing IM TNslees' and th• statsmwts in at£ordanc* wslh law a￿1 Unitod diw¥J tho wiceme and expendrture. ofthe clwil*A• ctryany Iwlhatjtw. In wepathg finandal siakntt T•iM*8s w• tu. . obstTrA method$ prfjnc*s Chth SORP. foundati￿ V441 ￿n￿r￿Je in operatY)rL ry t¥Dg thè finanu41 pogitK>n olttlè fouTrYatsJn and thwn to ensure t￿￿1 ts financial statements C￿pty 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 aL*vibtsS, th• shoot, thè si*ment of ¢ash and notes lo ts finarv815tat8rnen￿ svJrMficart pol[￿. reporting framewo Ihal hag b88n applBd in Iheir pryarnts.on is l•* aThJ Unibj Accounbwa sta￿18￿19, 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¢WKl*th on AL¥thbng IUK) I1￿ lu￿> AA)kthlb law. Our re5p(Thiblths bknsè frJrt￿r d•$c￿d in th• A￿1*0￿ rnspons￿￿S for thg off thg ￿n￿￿81state￿1ents socb¢Jn of our fep)rL V* are WhYeper#J￿I ol TtyJnda￿n in 8￿rdanCe the ethical rgquir8ments thal af• rd8vant to tyjr audit ol the flrwual Stat￿nts in UK. the FRC'S Éthical Standard, and we have fvlfdled ow ethical respons*ilties in accordan¢8 with r8quirgrnents. belvd Ihattr* a￿111 ￿￿eTh¢e ￿ habp £thi￿j i8 suffwrtaTrJ to prob*l9 o ba¥is for ow [P￿IDn. In a￿l￿.ng th• finanti81 sthtèmlnts. wè habe t￿nd￿ that th• Tntststs. us• of ts gory e4rt•m basis of ac£ounting in th• ry4)arati￿ of lh• stthmonts Is appr￿. condthn$ 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 T*rt*ntho f￿￿81 Ststem￿ts arn a￿Or￿#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 Info￿9￿ com[￿888 tha wrf0rrnai￿ the Tr￿180#. 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 cO￿r tha (thr thfrymatlw ￿J, exrApt to lh8 extent olhamse eXp￿Y st*J reprt eywess ￿ kjmi of assu1a￿e conduwn theteon. thr r•spons**ilty is to read the other infcffjiab.on and. so. consKler whether ts otsr inforrn*ion is material inconsislent the fin￿al statemenb ￿ cwr knry*4ed9e obtaned in the oflhe audit, orotherv*i¥e ap￿r$ bo Material￿ mi8gtabJ. 11 we bJents% such rnaten.al In￿￿91?￿[￿¢S w apparent mi551atemgnts, w8 are rwuired to dots￿1[￿ whether ttws to a rnateri￿ MI￿latern￿nI 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• Com￿nI•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 Tn￿188￿ rwi lor Ihe fjnancia ￿ ltsr whith thè finan¢%￿ ar• prop￿1. *thi¢h indudès the th"r•cth' rBF¢rtweFwed for the purpr*ès of company law. is c*n$ist•ntwth I fvanci81 st*ments: the diroGlors' f•FQrt ￿d￿J•d wllmn Ih TrL01￿$. rw bew wepw•J in a￿d￿nc* wlh ?pplicable1ggal r￿Uiremen1$. S P LOHIA FOUNDATION INDEPENDENT AUDrroirs REpoirr (COPMNUED) TO THE TRUSTEES OF S P LOHIA FOUNDATION IA•tt•r¥ w whl¢h w• av• Thqutr•d to v•w¢ ty •xwllo In t￿ W of th• und8rstrrt•rg of ond ts 8nMrDnm•rt e&tsirthJ kn thè course of ts audl ￿ havg not vJ8nhf*d matr**l ￿$Stath￿ts .fft ts Twus*tt¥ 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 stat￿nts arn not in acc￿rity records hava not rer*W al explwl*Th we requKB (Dr our wJ¢ or Ihe Twus*es not onbled to p￿p￿ tho f•*nraal slatsm•nts ffi ac#))￿aT￿8 tr• smal CLYnp￿1￿9 réoimt atsj tak• 4dv4n* ol the srnall ¢￿p￿1￿. in ￿t￿ring the TrlI￿￿' rewt and from thg rwirnmwtto w•par• a Strat￿ tepNL R￿P0A81b1llll*# 0fTn￿l••I louTrl8tion for th8 ol cfyrwny Iw*. are resp)1￿10 for tho pw*ation 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 fina￿al slalements. Tru5*es awe r85Fw￿￿b￿ 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 Tn*5 to tharrtaN• ctynpany or to ¢oa¥e oporations, or ha* no re*otic 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$tatwnent. whoth•r to Ir•*J LY &) an IBPOrt that I￿ude$ our opinK)n. R￿Onab* a&*ur4rtt is a hyh level of not a guararth• Ihat an 8￿t cond￿￿ in accNdanc• with ISAS (UK) will aw detsrt a rnaterial rnisstal￿ T*th•n It •x*ts. lknt4tomonls ran from fraud or •rrcrf and qffj co￿￿ere￿ matsrial rf. or •) Ihe aggwate. tw could bo gyp¢thd t4 infv8nc* Iff•gULw￿o$. inchAin9 fra￿J. are of nLTrcomrfjanc* and wul8iw&. ￿ d¢s•Jn Wi￿dUr•S In IIM w5th our I•$P￿sIbIl￿ outhn8d abo￿. to ¢tstect matsn.al wi$ststwn8nts in resp8tt of irWU￿ri￿&8. kxlud Bag•d on our urffJwstsrvJiTrJ of rt OFw•M thè printspal rog￿￿tiO￿ tho1 d¥eclty affert ts finaniyal stat&1)￿1$ b) be tho chwill￿ Art EmplOsry￿tAd arKI TrI￿ta0 Ad. st*l8mtnt itams. In additiory the charity Li SU1¥•￿ tr* otsr laws and req￿a￿ty￿ th8 cwuenctt ol non¥ed In •CL¥xd￿ frx¥hJ#iiw'g V•nowdum •nd Arti¢los ofAgsoaabJn. fv C￿panies 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￿ PraL*co a￿taL￿ to charities wepapr¥J theii in al￿dan￿ ¥Mth the Financ￿1 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 fr￿e&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 ￿J￿￿tionS trrf dDfKX5 a5 lo thgy may be ￿￿. Th? purPC￿ uses ofthe restricted fvr*J8 set In to the fttwcial slat8m8nts. 1A Incom# Ca¥h donatims arè r￿gr￿Sed on ￿ Other (h)nakn 8A• race￿￿5*d orK* the foundabon has been relation to doTraloM r•rxwd urth &ftA*J 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 C1￿Kth 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, Ind￿ling supwt ￿$1$ in¥cknd in urNJwlak]"r4J •ath ()Yect ￿)&19 altributable to a single •cb"vty ￿ ￿0(￿j thr•c* ￿ that aG*w"ty. Sh¥ed cosls wlmth conlribyte to rnore than one OL*Mty 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 a*xatèd 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 gJuivaI￿ts Thaude ca¥h in h&￿. dep)th hehj •t *iih bath. ¢At*r Sho￿terM Ii4UKI Inb*sbn•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 $0S,OQ) Ch¥Stsb￿ Ch•rtt•b Exp•ndllur• EMp•ndSturn 2022 33,137 51,447 Trnvel and s￿51 Aolwi*kn3 ar#J put* rdatK 183,953 20,673 218.988 83,740 Grsrt lundirg of Is•• 41 Share ofgovamonc• coats Is•• no** S) 1,769. 3S.2 121,OC 28.210 2.￿24.218 232.950 An*•l• by fwd Unrnstn'C￿j lund8 Reglncted fuTrl$ 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• Char*ab Exp￿d￿r* Eypend 23 2022 arts to Irthbom.. The Royal Instt'tute of lnteff￿onaAffa The Ch&Yrnn$ Trust LondoTh's AirAmbulan( The ma1(￿01 Gallery Trust VI￿8tak￿kna VruThlavana UK Lin*d hnamuib FoUnda￿Tr T￿t Ltd M*&A-Wsh Foundab"on UK Vogue {Chaiit￿SAwj 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,C*JJ 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 R￿1￿ct•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 errri￿1 iNsbtLrtè corwstsn9 or na￿onalty recogn￿ phylvians arnl reS•¥C￿ wh) diTht41 trials #NI ilC•JfrL)ratè thè lat•st 11 R•lAt•d pgty tr*n•a¢Uth 12 C••h g•n•rnt•d from op•rntl¢)M 2023 2022 Swplus lor the year 2711)50 Mov8m•nts in wo￿l[V￿ t•Y*21 De￿vag￿l￿Ve8S?) 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-