REGISTERED CHARITY NUMBER: 1195838 REPORT OFTHE TRusfEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2025 FOR TTIIQUETRA FOUNDATION Berringers LLP Chartered A¢¢ount8n Lygon Houst 50 LATriidoii Road Bromky K¢nl BRI 3RA TRIQUETRA FOUNDATION CONTEiwfs OFTHE FINANCIAL STATEMENTS for ihe yeAr emded 5 April 2•25 P•g¢ Report of th¢ trust¢ts S¢aiemett¢ of trnsle¢s' ropoLsibiiities Independenl tumimer's report Statement of financial #¢11￿¢1¢5 B41ante shttt Notes tt) the f￿1•¢1￿1 statements Detailed st*ien*nt of fth•nti*l xtlivities TRIQUETRA FOUNDATION REPORT OF THE TRusfEES for ihe year ended 5 April 2025 The trustees presetit their report with th¢ finan¢ial statements of the charity for Ihe year ended S April 2025. The Iru5tee5 have adopied the provisions of Accountino and ReportlnD by Charilics= Statetnent of Recommend¢d Practice appli¢abl¢ to cliarilies preparing their a¢counts in a¢¢ordon¢e ivith ihe Financial Rewrting Standard applicable in the UK Republic of IrelaDd IFRS 1021 leffectiye l January 20191. OBJECTIVES AND AcfiviTIES Constitution And Objects The objec15 of Ilie CIO ar¢.. (o advanc¢ su¢h clwiiable purp)ses (according io ilie law of England aiid Wales) as tlie ¢harity trusiees see fit. in particular. bul limitd io. the provision of financial grants io organisations ivhich are Ivorking to.. l. Proniote social inclusion for ihe publi¢ b¢rtefit by Preventing people from becoming socially excluded. relieving the n¢¢ds of those people who are socially excluded and assisiing ihem 10 ithiegTaie inio sociery. For the purp05t of this Clause 'socially eX¢ll￿ed. means being excluded from sociery. or part5 of society. a5 a resLilI or otJ¢ of n)ore of the following factors.. unemploymenl: fitwicial hardship- youth or old ag¢- ill healih Iphysical or men(al}' sub5taiice abuse or depcnd¢n¢y in¢luding al¢01￿] and drvgs: discrimiTh21ioii on the grounds of se& race. disability. eihni¢ origin, r¢ligion, belief. creed, sexual orieniation or gender re4ssignni¢n¢: pool edu¢atioiial or skills aitaiiii￿el?i. relationship and faniily br¢akdtsivD: p(y)r knusing (that is housing thai does noi mtei basic habitable staThdard5', crime leither as a Viciim of crime or as an offender rehabilitating into 50ci¢tyI. 2. Promote for th¢ benefit of the public the CO￿ervatIon protection and improvemeni of the pl)ysical aiid nAtural ¢i1vir￿lIn￿1t. The CIO wa5 constitiited with a view to receiving funds from individuals conne¢ied i¥ith ih¢ CIO. In ihe period under review. such fwids iv¢r¢ re¢eived bui the only expe]￿ilUre Wds for profe5sioNal fees as the Truuees ¢ontiJiue to ¢oiisider lh¢ siraregic priorities for ihe CIO. li is anti¢ipat¢d thai when funh¢r assets and inconie are reeeived in Ihe fulure, the CIO ivill comiiien¢e lis graiit-making activiiies The Accounts The Trustees did not hold an). asset5 in ihe financial year ended 5 April 2025. The only assets or i￿ome received durijig the peTLod under review ivere a singl¢ unr¢siricted donation of cash from Cynihia Beniheim and this situatiotl is reflected in rliis accouni. Expenditure during the peri(xl under review was limited to the paymeDi of profe5SK)nal legal fees only. Publit Benefit StAtement The Trus*es coiifimi t1￿1 they have complied with iheir duty to ha￿ r¢gaTd ￿ ihe guid*ice on publi¢ benefit published by tlie Charity Cornniission in ex¢rcising I￿•r pOi￿rts and duties in $0 far as is necessary and appropriale iii the circumstances. ACHIEVEMENTS AND PERFORMANCE Review of ihe Year During the year. Ihe Trustees dbscussed the admini￿ratIve auang¢men(s required io enable ihe CIO to operate effectively a5 a 8rant maker and ¢onsider¢d (he CIO'S strategic prioriiies for 8rani making. No grants ivere made by ili¢ CIO in the year under review. The CIO'S only expcnditure during ihe }'ear under revi¢iv for pmf¢ssional fees. FINANCIAL REVIEIV Risk Assessment and Inve5tmeni Policy The Tru51ees have assessed Ihe niajor risks to ivhich tht CIO is exposed and. given their lack of funding 10 date. ¢onsider Ihat their exposilre lo risk is minhmal. Thc Tns¢e¢s ex￿1 that. in hiture, the major risk is likely be their anlicipaled cxposure lo ihe effect of stock market conditions and other problems associaled ivitli managing ilieir invesimenis and otlier assets {pri1scipally cash} should they receive subsianiial fijndiiig. They plan (o contain ihis risk in so far a5 Possible by employing ats iiivesimeni manager io inve51 any such fvndiiig on a discretioiiary basis. Should this Cur ihe TrU￿¢C$, in conjunction with iheir chosen investment manager. Ivill fomiulatr a suiiable investment poltcy. Re5erve$ Policy The CIO 15 yet 10 commence grdnt4naking a¢tivity and a$ such no eash is held as reserves. The Trustce5 will di5CU5S Ivhetlier all in¢om¢ r¢¢eived by the CIO Should be fully dislribut¢d. or ithethrr there are ¢ir¢umsianees Ivhich would justify the erealion of reserves. The Trusiccs I￿11 review their reserves ￿lleY anthually. Page I TRIQUETRA FOUNDATION REPORT OF THE TRUSTEES for tht ye*r tThd¢d 5 April 2025 FUTURE DEVELOPMENTS The Trus￿$ envisage that when fijnher funds are received in ihe fiLllLre, 8ranis of a wlM)Ilv charitable nature will be made to othcr charilable or83lli53tiOn5 in furthcrdnce of the Cl(Ys ststed objectives in a¢cordan¢e with the Grant Makiiig Poli¢y ath)pied by ihe Truslees. STRUCTURE. GOI'ERNANCE AND MANAGEMENT GoverNiThg document The charity i5 controlled by it5 governing IkKurnent. a deed of trust and ￿￿111￿1¢$ an unin¢orporaied charity. REFEREIYCE AND ADMINISTRATIVE DETAIIS Registertd Charity number 1195838 Principal addre$5 Clo Charles Russell Speechlys LLP 5 Fleet Plact London EC4M 7RD Trnstees Ms C J Bemh¢im M5 S J T Bernheim R H Blower M5 F Pearce Jndependent Ex*miner B¢rrin8crs LLP Chartered Accountants Lygon House 50 London knd Bromley Kent BRI 3RA Approved by ordcr ofihc trf)ard of trustee$on ........ . and signed on lis behalf by". Trustee Page 2 TRIQUETRA FOUNDATION STATEMENT OF TRUSTEES. RESPONSIBILITIES Cor ihe year ¢*d¢d 5 April 2Q25 The Irustees are respon5ibl¢ for preparing the Rwt of thc trustees and the financial siatemtnts in accordance witli appltcable law aiid United Kingth)m Accouniing Srandards {UnÉied Kingdom Generdlly Accepted Accounting Practice). Charity law Tequires the irusl¢es to prepare financial stsiemenis for each financial year. Under thai law, the trustees have ¢l¢¢ted io prepare the financial 5tatem¢nts in accordance with United Kingdom G¢t)ernlly A¢¢¢pied Accounting PTa¢ll¢¢ Iunited Kingdom Accounting Stsndards and applicabl¢ law>. Uiider cliarily18iv lh¢ intsiees musi approve the financkal sia*menls unk55 they art 58t15fied that thcy giv¢ a true and rair vieiv of Ilie slate of 8ffaiT5 of the charity and of the incon)Ing resources and applieatioii of rtsources. ineluding the income and expenditu￿. of the ¢barity for thai period. In pr¢p8rin8 those financial sthiernents. the ITuslee5 are reqiiired to selecr suiiable accounting wTrlicies and then apply them ¢onsisiently" observe Ihe method5 and principles in ih¢ Charities SORP,. mak¢ judg¢m¢nis and esiijnales thai are reasonable and prudenl. prepare tlie fjnancial 5taterneniS on th¢ gtsing ron¢ewn basis unless it is inappropriate to pre5uine that ihe cliarity will ¢oJiliTru¢ In business. The trustees are responsible for keeping Proper accounting records which disck>se ivtih reasonable accuiacy ai any lime lh¢ finan¢ial wsition of the charity and to enable theffl 10 ensure ihol ihe fiTwi¢J81 Slatemenis comply with the Chariiies Aci 201 l and The Charity (Aecounts and RewTrns) Re8ulaiions 2(I08. They arc a150 respoThsible for Safeguardin￿ the asseis of the charity and hence for ¢aking re8siMable sieps for the pyeventioii wid deteeiion of fraltd and oiher irregularitbes. Pag¢ 3 INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES OF TRIQUETrA FOUNDATIOF4 Indtpendent ex*BJioer'5 report ¢0 ike ¢rn$tees tsf Trw•etr• Foundati• I rep)rt ¢0 the charity wu5tee5 on my eX￿nin1110￿ of the a¢¢ounlS of Triquetra Foundwion (the Tn￿) for the year ¢Nded 5 April 2025. ReSpo￿95b111ti¢$ Ind basis of report A5 Ihe charity irus1rt5 of Ihc Trust you are rtsponsibk for the preparation of th¢ axounts in a¢cordance willi Ihe requirements ofthe Charith¢s Act 2011 {Ih¢ A¢V). I report re$prft of my examitkaiion of thc TnJs¢s accounts carried M¢kr S¢¢tion 145 of the A¢1 and in ca￿Jn8 oul my examination I have followrd all appli¢abl¢ Dirt¢tions given by the Charity co￿15510￿ under Scctioij 145(5Mbl of the Act. Indepwdent exAmio¢r'$ Mltenent I hav¢ completed my exami￿10￿. l ¢¢)nfirni thai ￿ maierial m#llcr5 ha￿ ¢onK ￿ my attention in conThectTron with the ¢xaniination giving me cause w believe thai in any m*i¢Tial respect". a¢coutrting r4wrd5 ￿le not keo of thp Trnst as r¢quired by S¢¢tion 130 of the Ad. or Ihe accounts th> Th)1 accord wth those records- or the a¢¢ounis do noi comply wilh the applicable requiremcnis conc¢rning the fornL and C￿tellI of xcouthts $¢1 out In the Charitl¢s (Accounts ahd Rewrtsl Regu￿110￿$ 2008 other than aThy wequirement that the &ccount5 give i In* and fair ￿tW ibthich 1$ not a matter considewEd ￿ part of an i*ndenl exami￿l￿)n. I have ￿nCernS and havc come a¢ros5 no other matyrrs in conn¢¢I￿)n with the exarninaiioty io which attention S￿￿Id be drai￿) ith ihis Tep)rt in order ￿ eThabl¢ a wper undersi•dinB of the 1¢w￿ts to b¢ rexh¢d. Paul Al tn Bsocsc FCA Th¢ Institlllc of Charwed A¢¢OUnfW￿ in Englwl thlld M'aks BE￿In1¢r5 LLP aw*red AcEountsM5 Ly80Th House 50 London Road Bromley Kent BRI 3RA TRIQUETRA FOUNDATION srATEMENT OF FINANCIAL ACTivrriES ror the year ended 5 April 2025 2025 Unre51ricted fund 2024 Total funds Noies INCOME AND ENDOwmE￿s FROM t)onations and legacies EXPENDITURE ON Oiher 34JOO NET INCOME 15.81NI RECONCILIATION OF FUNDS Total funds brough¢ fonvard TOTAL FUNDSCARRIED FORIVARD 15.8011 The no*s fonn part of these finarKial stat¢m¢Dts Pag¢ 5 TRIQUETRA FOUNDATION BALANCE SHEET S April 2025 21125 Unrestricted fund 2024 Total fund5 Notes CURRENT A&SETS Cash at bank 17.11011 CREDITORS An￿untS falling due within onc year (1200) NET CURRENT A&SETS TOTAL Asstrs LESS CURREKr LIABILITIES Isioo NET ASSETS 15.8110 FUNDS Unrestricted funds TOTAL FUNDS 150IHI The fi ncial 5tat¢rnents were approved by Ihe Board of Trn￿ees and authorised for issue l.o..U.. and We￿ signed on its bchalfby.. on Trustee The notes fomi part of these financial sthiements Page 6 TRIQUETRA FOUNDATION NOTES TO THE FINANCIAL STATEMENTS for the year emded S April 2025 ACCOUNTING POLICIES Ba5l5 of prewring tht finanti*l statements The fii)aiicial 5tateineiits of rhe charity, Iwhich is a publi¢ benefi¢ enlity ulldeT FRS 102. have been prepared in accordance wth ihe ChoTities SORP IFRS 1021 'A¢¢ouniing and R¢porting by Chariiies.. Stsiemeni of Reeommended Practice applicable lo charities preparing their accounts in a¢¢ordan¢e wilh ¢h¢ FinaD¢ial Reportbng Staiidard appli¢abl¢ in ihe UK and Rep￿blIC of Ireland IFRS 1021 leffeciive l Jaiiuary 2019}', Fitjaneial Reponing Statldard 102 The FinaTbcial Rewbrting Standard appli¢able in t]K UK and Republi¢ of Ireland. and ihe Chaiiii¢s Aci 2011. Th¢ finan¢ial sthiements have been prepared under Ihe liislorical cosl convention. All income is recognised in the Ststerncnt of Financial Activities once ihe charity has eniiilemenr io the funds. il is probable thai tlie iiicome will be received and the amount can be measured reliably. Expendilure Liabiliiies are recognised a5 eypethdilure as 500n as there is a legal or ¢onStru¢iive oblig3¢ioii coniniiiiing ￿1¢ cliaTity 10 Ihai expendiiure, li is probable thai o transfer of econonlie benefits ivill be required in settlenieiir aiid Ihe ainount of Ilie obligation can be iiKa5UT¢d reliably. Expenditure is accouD¢¢d for oli ali ￿CTUal5 basis 3nd lias betn classifitd under hwlings thal aggr¢gatr all ros¢ ielated to the tategory_ Where cosrs cannot be direerly attributed io particular headin8s they have been allocated to aclivitie5 on a basis consistent ivith the use of resource5. T*xAtioTr The charity is ex¢mpi from iu on its tharitable a¢iiviiies. Fund xecounting Ui)resiri¢¢ed fumls can be LL5ed in accordance ivith the charitable objectives at the discreti￿1 of the Iru5tecs. Rcslrir¢ed futhds can only be used for particular rtstrieied purposes within the objecls of the charity. Restriction5 arise w5ien specified by the &)nor or when funds raised for particular resiri¢i¢d purposes. Further explaThaiion of the nature a[￿ purpose of each ful￿ is included in the noies ￿ the financial 5Miemenis. TRUStEES' REMUNERATION AND BENEFITS There were no Irusiees. remuneration or other benefit5 for the year ended 5 April 2025 nor for th¢ year ¢nd¢d 5 April 2024. Trustees expenses There were no truslees, expenses paid for ihe year ended 5 April 2025 nor for ihe year ended 5 April 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES Toial fur￿$ NET INCOME TOTAL FUNDS CARRIED FORWARD Pag¢ 7 continiied... TRIQu￿RA FOUNDATION NOTES TO THE FINANCIAL ￿ATEME1yTS-