TRIQUETRA FOUNDATION Charitable Incorporated Organ5sallon (CIO) Reglster•d Charity No. 1195838 ACCOUNTS FOR ThE PERIOD ENDING 5 APRIL 2024 Prepared by: Chartes Russell SF*echlys LLP 5 Fleet PL London EC4M 7RD TRIQUETRA FOUNDATION CONTENTS Trustees, Annual Reptyl Statement of Financial Actiw1￿S Balance sheet Notes THE TRIQUETRA FOUNDATION TRUSTEES. ANNUAL REpoirf AT 5 APRIL2024 Administrativelnfomiatk*n Dats of Constltutlon 17 September 2021 Trustws Cynthia Joséfina Francine Bemheim Sarnlra Joséfina Talavera eemheim Robert Henry Blower Fiona Pearce (app(Mnted 31 Juty 2023) The lo appoint new Trustees 15 vested in the Current Trustees Register•d Charity Na 1195838 Reglstered Addr•ss clo Charfe5 Russdl Spe&thlysLLP 5 Fleel Place LorKIc EC4M 7RD Solicitors Charles Russell Speethtys LLP 5 F￿1 Place London EC4M 7RD History and Objects The objects of the CIO are: lo advan￿ such charrtsble Wffposes (atxor¢ling to the18w of England and Wales) as the charity trustees see fil. in partb)Jlar. bui not limited to. the prowsion of financial grants lo organisations whrh are working lo: Promote social Indu￿on for the puwic benefit by pre¥enbng people from becomirrfJ socially exduded, relieving the needs of those people who are swally exduded and assistir¥J them to integrate inlo souety. For the purpose of this clause'sooalty excluded, means bw.ng exdvded from swety. or parts ol society, as a result of one of more of the fdl(ywing factors.. ur*mployment: fina￿135 hardship.. wjuth or old age,. ill health {physi¢al or mentsll- substance abuse or dependency induding alcohol and drLQS- dlscriminalion on the grounds of sex, race, disability. ethruc ￿l￿n. religion, belief. creed. sexual orienlab'on or gender r84ssignment'. poor eduCat￿nal or thlls attainmenL r81ati￿￿iP and family breakdown" poor houwng {Ihal is housing that does rK)I meet basic habitable standards: crime {eitheT as a victim of crime or as an offender rehabilitating into soaety). Promole for the benefit of the public the conseTration kYotecb￿) •)d improvement of Ihe physscal and natural environment. The CIO was c￿st11u1ed with a view lo receiving fLmds from indNiduals C￿neCted wilh Ihe thadty. No asseis or income were r￿￿Ved during the period covered by this account. as the Trustees were in Ihe process of considering the strategic priorities for Ihe CIO and makiro initial administrative arrangements for the charity. It IS 8ntiripaled that when 8ssels arKI irm are received in the lulure, the charity ￿11 become grant making tharity. Tho Accounts The Trustees dld nol hold any assets al the date oflhe last accounts15 April 20231 and did nol hold any assets al 5 April 2024. They did not receive any assets or I￿orne during the period under review and this THE TRIQUETRA FOUNDATION si ion Is re In Is accoun Revlew of th• Y•ar Durir4J the year. the Trustees discussed the administrathve ￿angements required to enable Ihe FouThJallon lo operate effecbvely as a grant maker. TW adopled several policies. appointe(l an independenl Irustee and considered the Foundation's strategic priorifres for grant making. There w￿e no transachons ofany kind in the year under review Ino income or outgoingsl. Futur• D•v•lopm•nt¥ The Trustees envisage that when funds are rewved in the fijture. grants of a whdly charitable nature will be made to other charilable organisations and indi￿dual$ in fvrtherar￿e of tstr staled objectives. After the period covered by Ihese attwnts the charity has recaved furKls lo enable it to ci>mmence charitable grant making acthvity- Reserv￿ Poll¢y No Income has arlsen In the period covered by this acrXJ￿l18nd consequently the￿ are no ￿$8￿e$. Should income arise however. the Trustee5 will discJJss whether all income ￿ Teceived by the Charity should be fully distributed, taking one year with another. or whether the￿ are ciroJmstances wh￿h would justify Ihe creation of reserves. The Twstees will review their reswes p￿iCY annually. Rlsk A$sos$ment and Investm•nlPolky The Truslees I￿ve assessed the Ma1￿ risks to whth Ihe Charity is exprffjed and. given their funding lo date, ctsn￿der that their exposu￿ to risk is minimal. The Tnjstees expect that. in fubJre. the major risk 15 likely be their anticipated exposure to Ihe effect of stock market cornlitms and other prc*)lems associaled with managing Iheif inyeslmenls and other assets {principalty cashl shoLdd they receive subslanlial hjnding. They plan lo contain this risk in so far as possible by employing an investment manager lo invest any such nding on a discretionary basis. Shcyjld this occur ￿ Twslees. in conjunction vAth their dwen investment manager, will formulate a suitable inve5trnenl policy. Public B•n•fit stat•m•nt The Truslees confirm that they have complied wilh Iheir dity to have regard lo the giidan¢e on public benefit published by the Charity Comrnissc￿ in eX￿c4s1ng their power5 aTrJ dutie5 in so far as 15 necessary aThJ appropriale in Ihe circumslances. Approv Date THE TRIQUETRA FOUNDATION STATEMENT OF FINANCIALACTIVMES FOR THE PERIOD ENDED 5 APRIL 2024 Urwestricted Income A¢count Unrestrlctod Capital Account Total Funds 12024) Total Funds (2023) Not• Incomlw Resources Resources Usad Tolal resowces Nèt Incoming Re￿￿rte$ Gains and Loss•s on Inv•51m• Ass•ts Balance as at 5 Aprfl 2023 Balance as 8t 5 April 2024 THE TRIQUETRA FOUNDATION 8ALANCE SHEET AS AT 5 APRIL 2024 2024 2023 Ass•ts R•pr•sented by: UNRESTRICTED CAPITALACCOUNT Balances at S Aprd 2024 UNRESTRICTED INCOMEACCOUNT B8lan¢es at 5 Aprl 2024 Approved by ..on behawofall the Trustee5 On ........ 2025 Signed.. THE TRIQUEfRA FOUNDATION NOTES TO THE ANNUAL TRUST ACCOUNT FOR THE PERIOD ENDED 5 APRIL 2024 1 Prfnclyl A¢¢ounilng Polkl•s la) Basls of A¢¢ourtlng The financial stalernents are prepared under the historical cost comiention as mc4Jified by th8 revaluation of investh)ents and in accord8rte 7Mlh the Charib'es {Accounls and Reports) Regulations 2008 arKI the r8wsed Charities Statemonl of Rew￿rn￿ded Pracb'ce2005. Ibl Inv•stm•nls and Inv•slm•nl Ineomo Quoted current osset investsnents will be staled at mid-market Val￿ al balance sheet d8te. Investment income wll be credited to the Irthme Accounl vthen receivablg. Realised gains losses on the disposal of investmen15 arKI urwealised gains and losses will be credited loldeducled from the Capital A¢￿￿nt. (cl For•lgn CurrencS•s Assets and monetary li￿lI111e$ in olher curren(ye5 at the balarrE Sheet date will be translated into sterfing at the rale ruling ¢)n Ihal date. Transa¢lions during the year will be translated into stedlng 81 the rale ruling on the date of transaction. Exdbange differer￿S arising during the year will be deall with in the InCc￿ne or Ca￿tal Accwnt. {dl IwAxnlng Funds Funds added to Ihe Trust VAII be crediled to th8 C8pitsI A(%0￿t¥￿ received. {e) Charltabl•Donatl¢)ns All donallons wll be distributed from the In￿ Acojunl fdltrwing approval by the Tru5tee5. Re￿wICe8 Expended Resources expended will be accounle(I forf￿ an accruals basis inckL%Ne of irrecoverabk VAT (the Charity is Mt VAT registeiedl Igl Funds Policy All funds will be unrestrTr¢led and wtrwe Ihere hs a defit>t Inc(Th Acc(xJnt. it VAI be covered by a transfer frcrfn the Capital Account where possible. 2 Infomiatton regardlng Trustees and Employees The Trust had no employees. no Trustees received rerwneralion and no tnBtee experbses were paid during the year. The Trustees have not purc*ased indemtty insurance. Robert Henry Blower 1$ a partner in Charles Russell Speechlys LLP.