2024-03-31-accounts

CHARrrY RFLisrn4Tiof4 NUMJER• 1197936 The Chris BaDton Foundatlon Financial Statements 31 March 2024 Chartered accountants & staiutory auditor Rawdon House Rawdon Terr￿e Ashby de la ￿uch L£icestershire LE65 2GN

The Chriq Bantsm F(Mmdatlon FlnanclAI SIAtenxnts Year onded 31 March 2•24 IndeFtht audi¢orfs le￿rt ￿ the n%mi*rs Statement of financial activiti of fin￿¢111 tA>Sition Swtement of cash fk)ws io N(ttS tothe financial statemMts li

The Chris Banton Foundatlon Ye8r epded 31 Much 2024 tl )K¢Trled 31 M￿7 2(Q4. rk+ Bloorlnv¢thMNts Limlttd M¢3%ham STWOdlirat DE12 7JP John Siuu¢ BI￿r NiCkSin￿rt BknT Cork JohTMon & Hwyt Ashby d¢ IR Zth Ixjww5hire LEh5 2GN The chvity wu r4lAaryl x • CIO on 16 F¢tuKy ￿22. It w&8 uwblithd by ￿Y of th¢ ￿￿1¢1 C(Mutitsrtion dawl16 F¢ivwy 3)22 and fowthlby JLth Bloor. thtte tsu%¢L 7YK firni alf ￿11¢kd to I￿1 offiv ￿11 Iky we •bxe without I¢obrt ￿}￿AllY Lr nmtsjly itwabl& ar¢ diSq￿lificd from aains av A ITue c •1¢ from offlce by rw)Iwion of Founthr. Tr cto will SI￿ to th¢ CknrityConuniMiM advice traini￿ aml rmIu￿￿ of InMI Ihlkny to day ￿￿•V￿Orth¢¢I￿1ty I$￿￿1Cd ryttby the finowttsff ofBbr Inb%5t>T*rtq LiMite4L

Tr Chrts Banton FoundAllon Y¢ar eaded 31 Morch 2024 Tr obp¢ts Lrf tr FOUn&ti￿ Fay tt Awly ¢hpithl incon w or knwyds OT for the i￿1 or iiw in mamr in S￿h 8# tl% eh8Tity trusteu miy from IlW to time dettrniK. 1ktse 8 for benrfrt of the publi¢ iNlydlDM• limiwd ￿ ihe 5UPPrt ft A￿1£41 rele￿kn. clwer Thi Fouthti(XL wpp)rt•J thiiies in Ilne with their obii¥¢s dw?ng th¢ Frifylof I￿OuTrL Thi irtludrs supp)rt for Kvttal &Dall¢r IC<￿ eFAriliU in and aTouThI th¢ l￿M￿N￿li1¢S WI￿ Bh)ty Insu A finwKin8 fa¢illty of £50m Ix¢n wMed knr8e biomedi￿1 in&ltU￿ 11 range of Ilf¢dwittgillneJse& will crntitbut inw thi folltswinB >tar. Id to gti5fy fwxlln8 ipplle•ior4 wthicll th¢ ¢Nider obieeri¥eJ of the Cbwity. JI March X)24 unreicNI Tw¢r¥¢s of £4313Jl31 held. Tr h• oriul oui Ift overnll risk &s¥¢sm%rt to ithlify ts risks with therTN¥riim of i trurtuJ • Mde r•1 of ¢hriiiul)tyh kx•lly Md nadornlty. applicabk knv And Unit¢d A￿untIng (Unid C¢MTally Ac<eptsJ £(￿mil#8 Thp law ¥ppJicllb]e to ehritie5 Eng1W￿ W81ts rwuir¢5 thB charity tru¢i W Pt¢pwe fInaKI￿ sta*llWrts for eath T•thith 8lye a In￿ f#ii vi¢w of the Ote Of affaSrs of the chuity #MI of the iftwmlD8 aTht w11c￿l￿n ofwur(4& of the thriiy fry wiod.

Pa8¢ 3 The Chris Banton Foundation Trustees, Annual R¢portfeoNknAed) Y¢Ar ended 31 March 2024 In PTrpariDg these fLnatt¢sal %1&tem¢￿￿. ¢h¢ trus￿5 ar¢ rtquired ￿. select suiiabl¢ accountsng polKie5 ami ihen apply iblem con%isienily: oblier¥¢ the meihLXt.s and principks in the Jpplicabk Ch¥ritie% SORP: make judgments and ￿coUl)Elng e%iiEnab thai Jre reAwnabl¢ arxl r￿Ude￿I¢. ¥iaie utheihcr Jpplscable UK AccouniiTrg StaThJurd% hav¢ been folIDi4￿. wbject to llny maierial dep8rtUTe% disc105¢d a￿¢ explained in ih¢ finunrial siaiem¢nts: prepare the finBnctal statements on the 80inR concern b￿lts un1&85 it is IMpproprith￿ io presume ihat ih chariiy will wThtinu¢ in buyines. Tk tru4iees are westx)nsible tor k¢epi#g odequatc 4¢eounlirt8 fe¢ords thai are ¥uffi¢ieni io show #nd explain the clwity'% iransa¢iion> and dis¢10se with m%onable accuraey ai any time ihe finan¢ial FK)SLILOn of Ihe Charity a￿1 ettable them ¢0 en%urt th￿ the financial SEatemcnt% comply wilh ihe Chariiie% Aci 2011, ih¢ app[￿¥bEe Chariiie% (Accottnts and Report%) Re8ulaiions. Ihc provi$ion5 of the Tru%1 D¢ed. They arc also ￿SPOnSIble for safeguthling the &sseLS of the charity and hence for riiking reasoDuble Sieps for t￿ pr¢veniion and detec11￿ of fra￿ and thher irregujiiriues. Tr tnJsttt¥' otmual r¢port approved on 17 seP￿Mbtt 2￿24 iLrtd sigoed on beh￿[Of the of iws*¢g by: Dinesbkumar l. K. Mehia Truste¢

The Clwls BantOD Foundatlon Yw ewJ¢d 31 MAreh 2 We thB finwid of lThe C1rri5 Ban1￿ Found￿1(￿ (the 'ehNflty) foT the yeor ¢rthl 31 MAYch 2024 whith conyls¢ th ￿lI¢M￿￿ of fin￿111 wivlii of finaLKilll stsliion. st8ternerf of calh flo￿ ltd ik l¢la￿j i1￿l￿di￿ & yjmmary o15isnifitOW p)licles. Tr r¢wling frauth that h•s been applied irt trir pyeparatkn 51 applicabk knw aMi United Atuiunlifjg FRS 1ry2 The Fln•rKiLI RePty￿nI Swthrd appli¢•bk in the UK apd Rryblie of Al￿ • gMI f#Tr of the of the ckniws •% at 31 Matth ￿ aNI Df its inC(¥ni118 re¥JurwMI ylluikw oftr¥•rn iwlud1￿its Inwme a[deX￿Nji￿ye. kn the Jttr eTrJ¢d; t w prepred IA with thi fviulr¢mDts ofth¢ ClwiueAAd 2011. We ¢Oldu¢￿ ￿ll io ￿0[dI￿ with Ini¢rnatiortal sta￿ on Auditittg (UK) (ISAI IUK)) aThl ¥plicAblt l•w. Ojr rtswxwbiliiie5 Under $thndgrds aY¢ tkndler ￿￿1b¢d ITh th¢ rewwibili fw the aud1¢ of lh¢ finaNi41 s￿1?￿ of ow rel￿tt. We are of the ¢hwity in tAryth the ethical tequiTeThthts that Are rekvanl ¢0 ow ll￿111 of the finunci￿ ID th UK inrltNTrn8 The FRC'S &hkal ANI h&v¢ fulfilko our othu ethicd ff4¥xslbilili¢¥ kn with tl Iwiiren￿￿ We iliev¢ the evide￿% w¢ hAv¢ ¥kninEd T• to • In 2￿j1[ln$ th¢ flnAnclsl 5tht¢nKnts. kn9￿ wlwlcd it￿1 the of the b￿1% of ¢uxlitsOthS thaL iTKh"viilU￿Iy or collecdw¢ly. may doth on the dwitls ability to con11n￿ for aPryYL)Jof 81 le#1 twth mDnth% fyom finw￿l81 forisA Ow wibilittes aTrl fuFth%1knlit￿ ￿ tkn •ryth 80in8 ¢uK¢m ¢ dexribed in tt fekvont ￿lOr* of this rei

The Chris Banton FouDdatloD bidepend¢nt AudltotrB Report to the MembeTh rfThe Chrkn Foundth(•thrf Year ended 31 Martb 2024 Tr ottrr Infornm￿ the iTlfmi￿1rffi In * attnU￿ ￿thEn the finwKial 4nd awlitor's dt¢on. Tr lnL1￿ Irr Lrspon%ibl¢ thr other infonNlkm. opits1￿ thè ￿ver ihe ￿her ipforsNiWI ￿ e%¢¢pl to •xtew¢ ¢xpllciily A¢d In with ¢)w awlii wrwK)MÉbllity li to thrinrotiM￿ in th)ing w, ¢￿ider whe11￿ the (ts infrynxlion is nri8lly with fiTrwial siaiennts or LX knowledg¢ cthained in th¢ avdit or 0￿￿15¢ ¥PW to tr Thtuidly If identify nMtui•l mis518te￿n¢ inthe Iln%i•l or A tnawial MI￿181¢n￿L of the If. bued wNk WE have th¢w ii a mi#w¢m¢rd of ￿h¢r inf(miiuk we rtquiftd to that fKL We h•Trt nothi￿￿•T¢￿tt ittthis ffBard. In the lighi of the kmkd8¢ a￿1 of the ¢lArity aTO hs Its thp of ¢ •tyJil. h•ve jdÈrtifi¢d mtrTiAI wls3t#WDEnrs in rep We In r¢6p of folltywinB n•tterJ in rtladon to ¥A￿kn th?Cbarid¢ Act 2011 Tequi toyou if. In ow opinion: the ipftyn￿ in the reF￿ 1$ incoTMi¥t¢n¢ in Jny ￿￿￿)&1 Yupeet with ihe tlrthwial * Dot the Infrniion ATr1 t%￿a￿￿ reqyiT¢ forw audiL A8 expl8iNd fully in Iru¥ttty' wsibiliiies stAf¢M￿t. the ￿&t#S for the ￿eparat of the fin￿111 frjr satisficd ily 8tVe • tnx aThl f•ir view, •Thl for su¢h inWD•I crniml as tl ws¢s ddermine is sxcewry w c￿b￿ ts p•ion of fin￿181 free fr￿ mttritil IN preprini finwid swteDxntK the we rt4Jon%lble for th¢ chwi￿8 thiKty io CLMiiNDe 80in8 discloAln8. 4s applthl4 m&iw5 relwed io 8oiTh8¢otyxrn aTKI wing ihE ￿1￿¥ l*￿ern b￿1% of

Pale 6 The Chrls Banton Foundation Independent Audltor's Report to the Member5 of The Chrls BantOD Foundation Ye¥r ended 31 March 2024 Audltfjr's responstblliues for the •udlt of the fin8neld st4ttlWDts Our obieciÉves #re io 0￿￿1￿ reosonable )%%uranc¢ about whdher the finarteial s(at¢menls' ds a wllok are free from eridl Mi%S￿leMent. whether due 10 fraud or crror. and 10 INS￿ an wditor'5 rew thdl inclvd&% our opinion. Rejsonable a¥8UTance is a high level of a%suTunce, bui is #oi a guarllne ¢hai • audil conduci¢d in dccordance wilh ISA% IUKI will alway% detect o mllkrial Miss￿ment when li txists. Mi&siatemeDt$ can arise from fraud OT error atld #re ¢onsideTed mtsieriul if. individually or in the aggT¢8ate, they Could rwonably bc expecT¢d to iDfluertt the ecwomic decisiMs of uy£rs tokcn on the b4si& of the￿ financial stan￿nI4. ITTegulariii¢% irtludin8 fraud, are instances of pon40mpliance with ltsws and regulaiipn&. We design pr¢¢edurex in line wilh our reswn5ibililL&$. QUtlin¢d above. 10 deictt mdwriaj missthtrnynts in r¢spe¢i of irreguborities. including frau(L The extent io which our prrttdurt% Bre rapable of dcl¢Cting iff¢8ularitie$. irK1￿Ing fr4ud h de¢ailed below.. We id¢niified are4s of law¥ regulaiioD% I￿1 ¢ould reEL%on&bly E¢ ¢xpKt&J ro h￿¢ a mori41 effed OTh the financial %EatenEfkt% ihrough di%¢us¥ion with the Tru%iees and other Managen￿l, requirtd by wditifjg SWKt2rth. W¢ had regard to ltsw& and re8ulaiotLS in areus ihai direcily affeci financial I￿l￿ding financial reporting and iaxalion legisluiion. We eonsidered the ¢xtrn( of complia￿e wilh thu￿ laws ab regul&iions as part of OUT pmcedur&% on ihe ]Ylaied fithaneial ￿l￿¢MCn(s. With ¢XttVion of any known or poxsibk non-complian¢e. ond a¥ ￿quired by audLltn8 %illndarth. our WOTk io respect of these WJS limit¢d 10 cwuiry of the TTlbsiee¥. We ¢ommuDicaied identified law.% and regulaiionx Ihrybughout our tearn Ond Ytmained al¢rt to any indicatio￿% of non-compliance Ihroughuji the audii. We addresed Ihe risk of fraud through managemctht override of control& by i￿t￿8 ihe appropriaknE>S of journal enirit% other adjusiments. JSS¢5sing whc¢heT ihe jud8em¢nis made in makiD8 ac¢ounling estima￿￿ are indicaiivc of a potential blu5. llnd cvaluuiing urky sisnifiLopt Ihai are or outsid¢ ihc normal eDvrse of bu%ioe%s. % pan of an audit in amrdance wilh ISAS. IUKI. we excTcise prof&%liional judBTncni and Tllairtain professional 5ttPticism throu8houi thc audit. We al%o'. Idenrify a%¥x%s Ihc ri%k% of m)￿rill mis%i&tement of the finonc>ul statcmenLs. wheiher due to fraud or effor. th%ign and perform audil prwedure% Te%wn.4ive io iho%c ri%k%. Jnd otsain audil ¢VLdeD¢e that is $uffici¢Ai aTrd appropriait to provide a b2%1% for our OPiDion. The risk of TLOI detsciing & wicri41 misswtemtni resuliin8 from i¥ higher th￿rt for one r¢&uliing from cm)r. &4 fraud may involve collubion, forgery. inte￿Ilot￿l omiiiions. mi%tepr¢seniation>, OT the ov¢ffide of El)￿M8] control. Obiain an undeThwNJirt8 of irtierndl conirol rekydnt to the aydit ID order io dtSiBn audit procedures Ihai •r¢ appropriaic in CiTCUn8tonc¢$. but t)oi for ihe purpo¥¢ of expressing an opinion on th¢ ¢ffectivcnes5 of Ik In￿m￿l control. Evaluaic the appropriAwneb% of ￿tO￿nI*￿8 policies #tld ihe ffasonablen&%s of xcourtLIII8 esiin>ale% nd rtlated di%tlo8ure¥ made by ITU51ee%. CorKlude on ihe apPropri#teK￿s of ihÈ iN5te¢h' of the goin$ con¢ern bi%is of &ecounyTr8 and. based oft tlte aud)i ¢videY￿e obknined, whether u material un¢¢nainiy exi%ls related io events or condiiions thtti may c&41 significant doubt on the chllriiy'b dbiliiy ￿ COniiDue 8oing wncern. If wt ronclude ihdt a Jllaierial unttrtainiy exi¥lS, we are rcqyirtd io draw Jiienlion in Our auditor's report io the T¢l2ieAt ds5cj0%ure￿ in Ihc rinancial siaT¢menu% or. if such disclTh%u￿s ate tnade4uule. io modify our opinton. Our conclusiony are based on th¢ audii cviden¢e obtained up (o ihe dare of our audiior's terrtirt. However, fuiure evefti% or ¢ortdi¢ion% may cause the charity w eea¥c to continue a gOiD8con¢crn.

The Chr18 Banton FoundatloD BV￿ll tr ovwll %uv¢wr¢ aThJ ¢ODtent of the finwKi•l th And ￿ether the finar¢iil sthwments the unthrlyin¥ tr8Na¢W qnd events ID a iimiD8 of audii •NI si8nifkrant wdlt fiAdiD8s. lttlwlin8 d¢fiLionw IN iffitern￿ i%Ntsol tdemify duri￿￿•￿IlL U•e fjf •UT V•POrt This W li ftle ilely to th¢ a tdy. in vpilh srztion 144 of tk Clwilie Ad 2011 ond R8ulioN mtde under 134 of Aa. Ow work undNtkn ¢xher To th ￿lie￿ exterf rmit¢td by law. do or ouume T¢wwl)l]ity to thRn (l chariiy the charitys me1th￿ 96 • iwAly. fw ow audii this TepYL or for opiniw* A W Siini IfA (Senior &￿UlOry Auditor) For and on behalf of JohD%on Murkeii & Hurhl Chanered a￿oUn￿tIl¥ & ¥¢QiUiOry audiLOF R&wdon House Rawdon TerNc¢ Ashby de la Zouch L£icesiershire LE65 2GN 17 September 2024

Tbe ChrSs Banton Foundation sthtenKnt of ￿nancIal Aclivlties Year tnded 31 March 2024 lri(x] to 31 March 2023 Year to3A Mr¢h 211 UnT¢51rithed fund% Totsl runts T¢)tal furtds Noit Incon and en&)wAMts Dot)SitoThs and legxies 26.107.C4J) 26,iirimo 26.107.0(X) s107,￿1 7,703.(XKI Total Ineon 7.705.( EX￿￿11¢￿t Expenditu￿ i)n charitabl¢ 4e(iviiie¥ Totsl ¢￿￿•dIl￿re sffi 22.278.465 22278,465 22.27&465 22378A65 7.220JfrI 7.22LIJ04 Nel inL)Tr¢ Det movenTri In f￿1 3,828,535 3828135 484.496 Re£oncillath)n of furtd Tthal fun¢L% brought fO￿aT[l HI fvnds earried forw4Td 484.496 4.313,031 4313131 484.496 The sta*m¢ni of financial activities Incl￿￿￿ 811 gThins and r¢co8ni¥¢d in ihe ye4r. All Jnd ¢xpeuliiure ¢kriv¢ from ¢anÉinuing xiivitL&S.

The Chris Banton Foundation Statement of w1na￿la1 Position 31 Marth 2024 2•2 2023 Pfogr4mme rel•td inve%lm¢nt 12 4J15381 351h Current Awets Debior Cash ai bAnk and in hand 13 4oww) 870 135.8( 135.81K* Cyedllors: ￿•hIn 0￿yeAr Nel ¢urrtDt IlalJlM¢i¢5 Tfjt￿ le36 wrrent I1&b￿lI1 14 8M+3.12• (2,2511) 4J13,031 4Jl3031 132.806 484.496 484.496 Fund5 of tht ¢haTi¢y UnreAiiaed funds Trt•l rharfty Iwbds finapcial We￿ appro￿ by th¢ board of inL%W #nd autllorised for is%ue on 17 Sewcmber 2024. and are ¥i8ned on khulf ot the i¥wd by.. 484.496 4JJI031 4J13031 Is 484,496 DinethkuTnor l. K. MehtA TnI%￿e

P•y i• The Chrls Banton Found&doD state￿￿1 ofcath no Ye4r endul 31 March 2024 2024 2023 3￿8￿35 484. Adiusimenisfow." B￿k£I￿r 504 120 3,829￿18 488,(KKI (863) 1504) 487.496 ithteY¢st I351.6￿) {351.fi9U) (1963Wi} Nd uw•l irt Inwiin8￿1vl 1134,9361 IJSJ06 135.81 135.8(

The Chris Banton Foundation Notes to the Flnancial Ststem¢nts Year ended 31 March 2024 Gener1 Infornmtknn Thc Chri% Baniott Fouthlaiion is a public beoefiL entily ihal 1$ COtLgiiiu¢ed as & regis￿red charitable incorpordid orgoni5aii(￿ ICIOI ifi England and Wales. addTc55 of ihe prin¢ipal offJc¢ i& clo Bloor lrtv&%imen15 Limited. Ashby Road. Meashdm. Swadlittcote. DE12 JP. The awourtts for the prior perioJ exceed 12 FMllth$ as the CIO was incorpornied on 16 Fcbnkary 2022 Jnd its fjist a¢¢ounting period wa% the dale from inwrwraiion 10 31 Ma￿h 2023. Ststemeni ￿ thmplS•nte Tr%¢ fiaaneial %tH￿r[Wits have be¢n Prepared in compliance wilh FRS 102. Tr Finan¢ial Reportin Standard #ppli¢ible in UK arKi ¢he Republic of Irel&nd'. Ihe Siaiemeni of RecOTnMe￿td Practirt pplicable to chariti￿ preparing Their dcttsunib lrt uccord4Dce wirh the Finatcial Reportiog Standllrd applicable in ihe UK and Republic of Ireland IPRS 1021 ICharaiiEs SORP IFRS 10211 afid ihe Chariiies Aci 2011. Acwuntiry yolldE5 Bsls of pre￿￿tiO rinanci¥l siaiemenl% have been prep￿￿ on ihe hi¥iorical b&¥i%. as nKKiified by the revaluaiion of certain financiol ayKis and liabililie% and ifivesim¢ni propertieh me4suKd at fair value ihrough incow or expenditu￿. The financiul &i&LemeDTS are prepared in s￿rlIng. which is the fvrKIioDal currcn¢y of the ¢niily. Going eoThcern Thew are no material ￿￿ertaInli¢S aboui ihe charity's ability to continue. JudgementyaDd key sour£¢s of esllmdthll uncertalnly Thc PT¢puration of the finanr5al stuiemenis requires Tnanagernertl to make jud8cmenib. estimates and %sumpiion% ihai affe¢1 the amounts reported. These e%iim&ies and judgements are Conlin￿llY miewed arKi are b&sed on experience arld oibEr faciors. In¢l￿j15)g exrrtta(Io￿ of fuiule evenLS ihai belitvcd rea50nabl¢ under the ¢ircumsiances. Fund acLuntln UnTEsiricied fynds are llvailabie for u%e ai the dI￿¥￿10n of ihe I￿51te$ to furth¢r any of the chariiy% All incottx is included In the SULierneni of find￿19[ adiviiie5 th eniiilemeni ha5 p&ssed 10 cbartty. trt is probdble ihat the ccowmic benefi1% ￿￿clated wilh ihe irnNsae¢ion will fiow 10 the charily and ihe amoum be relsably mcasured. The followirvg %p2csfic p)licieii xr¢ applied io ￿rtie￿I￿r cagorics of iDrome from do￿140091 or Brants 1% recogni%ed when there 1% cvidence of ¢vlitlem¢nl 10 th¢ gift. receipt i probablc its llmouN con be me*%ured ieliJbly.

P4e 12 The Chri5 Banton Foundation Notes to the F5nancial Sla¢ements Year ended 31 Marth 2024 AceounilpK w)ikks (¢Drtrl#¥c4 Resourees expertded Expendiiure 1$ re¢o8ni¥ed aCc￿lS liat)iliiy És inLxJrred. Expendilure Ineludcs any VAT which ¢anrnt ￿ fully recovered. and a& ¢l&ssified Under heodin8s of the S￿Leme￿I of fitWnCi￿ aciiviiies to which il relute¥'. eXpe￿IllUre on Nisin8 fonds in¢lude% the ¢o¥¢S of all fundrai51rt8 actiYiti&%. evenr5. nonts churitsbl¢ aim5 for Ihe benEfii of ils benefJ¢irie5, InCI￿lIn8 thos¢ support Costs and Telxljn8 10 the govcmancc of the ch4rity aptxlrtioned io chdritable iiviti¢x. other exp¢Niirure includes all expEndi¢ure neiiher re14Lted to rdising fuDd¥' for the charity rtOT ptyrt of 11$ ¢xpcThJiture on charitable activiiies. All cow are allocaied 10 expcndiiu¥e caie8ori&% reflcciing the use of ihe resource. DiTect cnqts aityibutable to a sirigle aciiviiy arc a1lttll￿d diTec¢ly io Iltol aciivily. Shared ¢WL% are llpportioncd bdwcen the acuvi(ie% Ihey contribute io on a rtasonilble, ju%¢ifiable and consis￿￿1 bxsix. Prngramme relt¢d Investrnents Progrnmrne r¢laLed invesfmeni$ are made exclusi¥¢ly io further thc chariiy's aim5 by fundit>8 %pecific acliviLie5. Where a loan is myde and it Is ¢ither inicresl frrt or ai a below wevailLtI8 tnarkei rnte. thi5 1 TeferFed 10 88 a con¢¢55ionary loan. The FoundaiiDrt h&s el¢cicd to sniii311y nrasulc rh¢ loan ai the amouTri paid and then odjuswd in Subsequent yt4rs io tefleci repaymeni¥ and any impoirnwm. Progrumme r¢luted inveslWIIL% that are meisured di L05k or Jmonifcd co4t are &%lie%5ed for obje¢iive evid¢n¢e of impuirnn( ai th¢ end of e￿h rew)rtirtg ptriod. Any irtyairnni ioK%es are recognihed imndi•iely us a co%t wiihin'expendiiure on chariiuble rfiiYi¢i¢&' tn the sta¢enni of fihthnciaj aetiviiyes. FinaKial Imtrnthents A firtancial asset or a financial liabiliiy s5 rccognised only when thc enliiy become% o PALly 10 ihe ¢oniraeitsal PTovi¥ions of ihe tnsirumenl. Hu5ic fjnancijl snsirutr¢ni% llre iniiially reeognisryt lil tht amoun[ receivable or paydble i￿l￿din8 Olly relai¢d 1¥an￿¢ll￿rt co¥i$. unle$$ The arrun8emenl con%lltute% a financing IrarLNacijort. where 11 l¥ Te¢O8nised at iht pre*ni value of the fuwre ￿yMentS discOun￿d at a m￿k¢1 ratc of interest for a sirnil#i debi insirumeni. unre5lri¢￿d T￿•1 un￿￿￿¢(ed Tothl FuTh15 Fuod% Funds 2023 Don8tkn DoDaiior 26,1()7.(￿ 26,107,W) 7.705,(K() 7,705.(KKJ

PwJ3 The Chris Banton Foundation Notes to the MD4ncyal S￿ten￿nts(￿￿AW￿j Year ended 31 March 2024 EX￿re OD thrlthbl¢ Adlvitl¢s by type Unr¢striLx¢d Tolal Funds UDrNirided Toui Fund¥ 2024 Funds 2023 7.214,IMM) 7.214XItKI 6.504 Donatsons Support co¥ts 22.274,482 22374482 3.983 22.278.465 2237&465 7.220JiM 7.220.504 Expewllture M <brltsbl¢ xdlvltle& by *olivity type Grani furtdiDg of aciiviti&% SUp￿rt costs Totsl futhds T￿ll1 fu 2023 22374A81 7.214.(IXI 6JD4 Do#aiion5 Govcrn8rKe co￿% 21274.482 3.983 3.983 21274,482 7.220J04 Analy¥i% of supwL COSIS Totsl 2•24 TO1￿ 2023 63 3,120 3,983 FinDne¢ costs Govern8￿ co￿$ iizo

The Chris Banton FoundatloD Notrs to the Financial Sthtements(ffvth•vdJ Year ended 31 Marth 2024 AnW815rfgr4nts Pertod to 31 March 2023 Ywto31 Gr•nts lo 5nstltutlo E#ll An8lia'% Children5 Hospice Childrettts Hthspice South West Seb8Stiun'% Aciion Trllsl Birmingham WoDKn'¥ and Chil(tren's Hospital Chafily Helen And Douglas Houxe RaiNtK)WS orn% Children'% Hospl¢e D¢sfoTd Colliery Band Frdncis Crick Ins(Èiuie Hope Hou&e ty Gobi#i S¢ashell Trusi Shakes￿1￿re HNP Go Bcyortd Th¢ Priw ThLSI Probia* Canttr UK Car￿￿ Resea￿lt Silvtr Lining Ch•ri(y S￿W on the Wold & Distria Rugby aub Meosh4m Ev¢nt% Gr￿P Newpjrt Si ￿e￿SeY Day 5amapth• L￿tY Ball & Rw]and Ci)mmuniiy Foupdatio 250.1)00 71Y).000 s￿.0 s￿,(￿A) 5(X).IMM) 5110) 17JKI,I 2.5th.U 20.￿￿7 51X).(KiI i io.¢ I.(KK>.¢ 150.( 21x14482 24274082 7.214.C 7.214.¢XX) Totsl grllnLS Audltors Period to 31 March 2023 Yegrto JI Ma￿kn 2024 Fee¥ pay&ble for lh¢ a￿111 of ihe fLn#nciul xtaiemen 3.120 111. Sl•ff The Fourtdaiion does noi employ any %taff aThl ikrefott nDI inctsrrtd QDyemploymeni cost%. li. Tr￿ reuKwera¢lDn And txpeThs No have Ee¢n waid remuneration oi received other benefiL% from cmploymeni with the chariiy or r¢laied eniÉiy. NotnLStc¢ cxp¢rLses b&ve ittn incuThed.

Page is The Chris Banton Foundatlon Notes ¢0 the Flnanci81 Stst¢ments feortrfdrfd) Year ended 31 March 2024 11 Programme relttd ITh¥￿1￿￿nts On 22 April 2022. Ihe Foundaiion granied a nOn.r￿0Ur%e loan facility to The Francis Crick Insiiiute Limiied. TIK loan facility is for £50m dnd ean drdwtt down ai any time. The funds will be used for funding.%Ftcified projtCL8 &t the discreiion of Th¢ Crick In¥iiiuic. Ifa proj¢¢i is sold on ¢omwrci#lly io an iftve%ior in the fuiure. then Ihe fsjads advunc¢d repaid 10 the Fouthlo1io#. If the proje￿ i$ Th)1 commercrdli5ed and viable, the I￿n for ihai projcct is wriii¢n off and 1% ireated w a donztion. The Charity Commission has previou&ly thc term'progrnmnr-relawl iftvestnnt' to ￿e￿ribe a ehaiÉiy inV&S11118 miitnly to achieve il% purpole. Thi% iem) is ￿ longer used as it is covered by the Clwily law dcfinilion of 50ciJJ invtsimeni. The Chariiie5' SORP FRS 102 FrmiL% the u¥K of ihe 'pro8ramme-relaied invesimeki. term. A Programme relatrd invc51ment 1$ one made exclusivc5y to further the chan'tabl¢ aiJTL¥ of Ihc invc%ling charity by funding specific a￿)VIll¢S of J third pany which, in turn. cwtribuie io ihe Inve￿￿$ own ¢horit#ble purpolxs. The loan facility is a l¢)att iTr thai iotert%¢ is chargeabk. Ai 31 M8wh 2024, a to¢ai of £4,315.281 had been drawTr dowo againsi vwious proj¢cts. 13. Debtws 2024 2023 Otkr d¢trAOPi 8,IMMI,I After dale iTKome has ken included a$ 4 4¢tAor #s the w35 Jw¢dcd to faciltthie the paywn¢ of Ihe gifi &gre￿￿n( deuil¢d in note T4 ￿lOw. ItL Credlt•fL' tallin8 due wlthln one year 2•24 2023 Accruuls and deferred DonaiiorLI payablc 3.12 &•)0,( &IMI3.120 A 8ifi ggreenxni dated 12 May 2023 Jgreed io moke a donalion of £17.(KX),(M)O 10 the Francis Crtck I￿11(￿1¢ in .¥uppo¢i of ihe cre41ion of Skyldb. The fir51 in%ialmerti of £9.(￿,lKX) wos paid on l July 2023. The %e¢ond instalmenr of ￿.(MI),(￿￿> i% due for paymeni on or t¢fore l Yuly 2024. The second iKL%ialmeni w&$ pusd on 28 June 2024.

P•y 16 The Chris Banton Foundation Notes to the FI￿n¢la1 st¢eMentsfrM￿￿j Year ended 31 March 2024 I ADgly81s of charftalth runts UMrtstri¢lod fv•ds Ai l April 2023 Al 31 Mrth )24 Incon Ex￿ndI1Ure Generdl hnds 484.496 20,107.CiIO (22.278.465) 4J13.031 Ai 16 F¢bNary 2022 At 31 March 202J IKome Exwditure General fund& 7.705.LNX) 17.220.504) 484.490 J& An•1￿16•1 net btlween huMIs U•wrytrictr4 Totsl Fund$ 21)24 Investments Currem CRdiiopi less ih4rtr l y¢ar 4.315,281 8.(MM).870 (8.IM)3,1201 1003.120) 4,313,031 4J13.031 4J15281 Unr¢Mri¢i¢d Totsl Funds Funds Inve%iwnts Cuwrenr assets CrrAlitors than l )tar Net 88ets 351,6 135.806 13.IKIO) 351,690 135.8( 13.(Kl)I 484.496 484.496 17. of£hoD8es ID n¢tdebl Ai l April 2023 At 31 MArth 2•24 Cth¥h flo bank and in h￿¥j 135.806 {134.9361 870 18. RelAted partles All of the do￿110115 INO Foynd#uon are from Bloor lrtY¢%tsr¢nis Lithi￿1. Thili comyny is Under the c¢)ntrol of Mr John Sknjart Bloor. who is al￿ othe of the compiiThy directOT%. who is a Iru%*e of ¢hKs' Foumiaiiort. Mr Dineshklbmor l. K. Mehits 1$ al￿ a direaor of BI￿r IThvestmellts iamitcd and a trustee of the Foun0a(i￿.