Charlty Number 1199077 Salata Family Foundation Trustees, report 2025
Contents Trustees, Annual Report Auditor's Report Statement of Financial Activities 15 Balance Sheet 17 Statement of Cash Flows 19 Notes to the Accounts 21 Detailed Statement of Financial Activities 30
Trustees, Annual Report
Trustees, Annual Report The trustees present their report with the audited financial statement5 of the charity for the period ended 31 May 2025 and confirm they comply with the requirements of the Charities Act 2011, the Constitution and the Charities SORP {FRS102). Reference and Administrative Details Charity Number 1199077 Principal Office Salata Family Foundation CIO Sedulo London Ltd 605 Albert House 256- 260 Old Street London ECIV 9DD Solicitors Bates Wells 10 Queen Street Place London EC4R 1BE Trustees The following trustees served during the year: M. Genieser M. Pong J.E Salata Rothleder J,Simons Lord W.A. Waldegrave Auditor Meer & Co Chartered Accountants 1 Cochrane House Admirals Way Canary Wharf London E149UD Salata Family Foundatio
Objectives and Activities The purpose of the charity as set out in its governing document is to provide grants to a variety of organizations that it decides will best benefit from funding within it5 charitable purposes. including schools as an initial focus, providing grants to help them further their charitable activities. The objects of the Foundation are to advance such charitable purposes (according to the laws of England and Wales) as the trustees see fit, One of the projects that the Salata Family Foundation had anticipated funding, the Etonlstar partnership continues to be indefinitely delayed, A second project that the Salata Family Foundation anticipates funding is a Wellbeing Centre at Wellington College, with a proposed gift of £5 mil lion (five million pounds) over a five-year period, with gift distribution commencing the June following when planning permission is granted. The Salata Centre will be a home for Global Citizènship and Climate Education. The trustees confirm that they have referred to the Charity Commission's guidance on public benefit in reviewing the charity's aims. objectivesand future plans. Details of how the charityfulfilsthis responsibility are given above and, in the activities and performance section below,, Achievements and Performance The Foundation intends to make grants to fund projects which support its objectives, including providing funding for educational institutions and programmes. As a grant-making foundation, the Foundation's general charitable purposes will enable it to support a wide range of charitable activities. The key areas of charitable activity which the Foundation wishes to focus on in the short term are education81 projects in sch¢)ols and colleges. The Salata Centre will be the defining building within Wellington's new wellbeing campus and a major step forward in Wellington's Excellence & Access strategy. It will brin9 together the following strands: wellbeing, global awareness, the ethical use of Al, creativity and innovation, service to others, and the ability to work and think ¢ollaboratively, These elements already sit at the heart of a Wellington education; the Salata Centre will give them 8 dedicated home and the facilities they need to flourish. Thebuilding itself will provideflexible, modernteaching spaces.. roomsforgroupworl(and interdisciplinary projects,. areas designed for reflection and informal learning,. and a lecture and presentation hall for workshops. talks and visiting speakers, It will sit alongside the new Counselling Suite and the Nutrition Hub, creating a coherent cluster focused on wellbeing, character development and future-ready learning. Salats F8mity FndatIOn
Financial Review The primary source of the charity's income is donations received from its trustee5. Out of the total income of £15,000 received during the year, no grants were disbursed. Funds will be donated and injected into the Foundation based on the planned donation programme as required. The trustees aiTn to uphold a reserve of unrestricted funds at a level equivalent to approximately three months of governance costs. The trustees believe that maintaining this level will ensure suff icient lunds to address both support and governance costs. The balance held in unrestricted funds as of 31st May 2025 was £5,328 (2024: £5,302) The trustees have undertaken a review of the principal risks and uncertainties that the charity faces, categorising the risks betweenlhoseaffecting the governanGe and managementofthe charity, operational ri5k5, financial risks, reputational risks and those which occur because of circumstances outside of the charity's control such as changes in govemment policy, laws and regulations. They regularly review the measures already in place, or needing to be put in place, to establish policies, systems and procedures to mitisate those risks identified in the annual review and ensure that action is taken to implement changes to those policies, systems and procedures should they be needed to minimise or manage any potential impact on the charity should those risks materialise. Having assessed the major risks to which the charity is exposed, the trustees believe that by monitoring reserve levels, by ensuring controls exist over key financial systems, and by examining the operational and busines5 risks faced by the charity, they have established effective systems to mitigate those risks, Plans for Future Periods The Foundation will provide support to schools and educational institutions, which will improve the students, education and lives more generally. The Foundation proposes to provide support to a variety of schools throughout England and Wales. Additionally, the foundation is also following the progress that Wellington College is making with the Wellbeing Centre, "The Salata Centre., The Salata Centre will be part of the new campus which will have a nutrition hub, 'Grubbies' that will have a teaching kitchen and teaching spaces. In addition, there will be 8 mental health counselling suite as well as dance, health and litne55 Studios. Following refinements to the planning process, the proposal is with the planners and we now anticipate securing planning approval in Februarylmarch 2026. Construction is scheduled to begin in Juneljuly 2026. Slllats Fami Fourthlion
Structure, Governance and Management SALATA FAMILY FOUNDATION 15 a Charitable Incorporated Organisation (CIO) governed by its Constitution dated 7th March 2022 and it is a UK registered charityl11990771 with the Charity Commission. The foundation was registered with the Charity Commission on 25 May 2022. The Trustees consist of the Founder of the Foundation, Mr Salata with his wealth of experience in philanthropy activity, the distinguished Lord Waldegrave. Ms Melania Pong, Ms Martha Genieser and Mr. Jonathan Simons. Any person who is willing to act as a Trustee, ar)d who would not be disqualified from acting undèr the provisions of constitution, may be appointed to be a Trustee by a resolution of the Members or by decision of the Founder notified in writing to the Trustees. The Board of Trustees takes responsibility for general management and control of the charity and to ensure that it operates within the guidelines dictated by the Charity Commission and its own governing documents. A board of trustees meets annually to discuss and review the operations of the charity. At these rneetings, they also make appropriate decisions regarding the operation of the charity and its activities. As part of their responsibilities, they approve the grants and the viability of the projects that have been implemented or are in the process of being implemented, as well a5 to ensure compliance with regulatory requirements. A board of trustees administers the charity and meets at least once in a year. Statementoftrustees, responsibilities in relationtothefinancialstatements The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities requires the charity trustees to prepare financial statements which give a true and fair view of the state of affairs of the charity and of the incoming resource5 and application of resources of the charity for that period. In preparing these fi'nancial statements, the trustees are required to., seled suitable accounting policies and then apply them consistently,. observe the method5 and principles in the Charities SORP,. make judgements and estimates that are reasonable 8nd prudent,, state whether applicable UK accounting standards have been followed, subjed to any material departLbres disclosed and explained in the financial statements,. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. Sats Famity Foundd
The trustees are responsible for keèping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the finar)cial statements comply with the Charities Act 2011, the 8ppIic8ble Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Statement of disclosure of information to auditor So far as the trustees are aware, there is no relevant audit information of which the charity's auditors are unaware and e8ch trustee ha5 taken all the steps that he or she ought to have taken as a trustee in order to make himself or herself aware of any relevant information and to establish that the charity's auditors are aware of that information. Signed on behalf of the charity's trustees J.E. Salata Rothleder Trustee 2nh March 2026 Salala Famly Foundatiori
Auditor's Report
Auditor's Report Opinion We have audited the accounts of SALATA FAMILY FOUNDATION (the 'charity'l for the year ended 31 May 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the Notes to the Accounts, including a Summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland, {United Kingdom Generally Accepted Accounting Practice). In our opinion the accounts: give a true and fair view of the state of the charity's affairs as at 31 May 2025 .and of its profitlloss for the year then ended, have been properly prepared in accordance with United Kingdom Generally Accepted Accoursting Practice,. and have been prepared in accordance with the requirements of the Charities Act 2011. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the accounts section of our report, We are independent of the charity in accordance with the ethical requirementsthat are relevantto our auditofthe accounts in the UK. including the FRC'S Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the accounts, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the accounts is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent charity's ability to continue as a going concern for a period of at least 12 rnonths from when the accounts are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. S818to Family
Other Information The other information comprises the information included in the annual report, other than the accounts and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the accounts does not cover the other information and we do not express any form of assurance conclusion thereon. In connection with our audit of the accounts, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the accounts or our knowledge obtained in the audit or otherwise appear5 to be materially misstated. If we identify such material inconsistencies or apparent material misststemÈnts, we are required to determine whether there is a material misstatement in the 8ccounts or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exception We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion.. the information given in the accounts is inconsistent in any material respect with the trustees, report,, or sufficient accounting records have not been kept,, or the accounts are not in agreement with the accounting records,, or we have not received all the information and explanations we require for our audit. Responsibilities of trustees As explaine¢J more fully in the trustees, responsibilities statement found in the trustees, report, the trustees are responsible for the preparation of accounts which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of accounts that are free from material misstatement, whèther due to fraud or error. In preparing the accounts, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. S21ala Family Foundati
Auditor's responsibilities for the audit of the accounts We have been appointed under the Charities Act 2011. s.145 and report in accordance with the regulations made under the Act and relevant regulation5 made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor'5 report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guar8ntee that an audit conducted in accordance with ISAS (UK) will alway5 detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of userstaken on the basis of these accounts. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. How the audit was considered capable of detecting irregularities including fraud Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows: The engagement principal ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognize non-compliance with applicable laws and regulations,. We identified the laws and regulations applicable to the charitythrough discussions with m8nagement and trustees and from our knowledge and experience ofthe charity sector,. We focused on specific laws and regulations which we considered may have a direct material effect on the accounts or the activities of the charity, These included but were not limited to the Charitie5 Act 2011,. Accounting and Reporting by Charities,, Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the United Kingdom and Republic of Ireland (FRS 102),. and We assessed the extent of compliance with the laws and regulations identified above through making enquiries of the trustees and the review of minutes of meetings of the trustees. We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by,. Making enquiries of the trustees as to where they considered there was susceptibility to fraud and their knowledge of actual, suspected and alleged fraud,, and Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations, Sala18 Family Foundation
To address the risk of fraud through management bias and override of controls, we,, Performed analyti¢al procedures to identify any unusual or unexpected relationships; Tested and reviewed journal entries to identify unusual transactions,. Carried out substantivè testing of expenditure,. and Investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to: Reviewing the minutes of meetings of trustees,, Enquiring of management as to actual and potential litigation and claims,, and Agreeing accounts disclosures to underlying supporting documentation As a result of our procedures, we did not identify any key audit matters relating to irregularities. There are inherent limitations in our audit procedures described above. The more removed that laws 8nd regulations are from financial transactions, the less likely it is that we would become aware of noncompliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any, Material misstatements that arise due to fr8ud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities for the audit of the accounts is located on the Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Salata Family Found8uon
Use of this report This report 15 made solely to the charity's trustees, as a body, in accordance Part 4 of the Charities (Accounts and Reports) Regulations 2008, Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as 8 body, for our audit work, lor this report, or for the opinions we have formed. Haroon Rafiqu8 (Senior Statutory Auditor) For and behalf of Meer & Co Chartered Accountants and Statutory Auditors I Cochrane House Admirals Way, Canary Wharf London E14 9UD 27th March 2026 Meer & Co Chartered Accountants is eligible for appointment as auditor in terms ofthe Companies Act 2006, s.1212. Slllata Family Founthtion
Statement of Financial Activities
Statement of Financial Activities for the year ended 31 May 2025 Unrestrlcted Funds 2025 Total Funds 2025 Total Funds 2024 Notes Income and endowments from: Donation and legacies 15.000 15.000 2.130.000 Total 15,000 15WOO 2.130.000 Expendlture on: Charitable Activities 2.110.000 Other 14.974 14,974 20,146 Total 14.974 14.974 2,130.146 Net gains on investments Net (expendlturo)Ilncom• 28 28 (146) Transfer between funds Net [expendlturelllncomo before other gainsl(losess) Other galns and losses 26 26 (146) Net movement In fvnds 26 26 (146) Reconcillatlon of funds: Total funds brought forward 5,302 5,302 0,448 Total funds carried forward 5.328 5.328 5,302 S81ats Family Foundation
Balance Sheet
Balance Sheet at 31 May 2025 2025 2024 Notes Current Assets Cash at bank and in hand 11,328 11,302 11,328 11.302 Creditors: Amount falling due withln one year Net current assets (6,000) (6,000) 5.328 5,302 Total current assets less curront reliabllltles Net assets excludlng pension a*8•t or Ilablllty Total net assets 5,328 5,302 5,328 5.302 11 5,328 5.302 The lunds ol the charfly Re8trlcted funds 10 Unrostrlcted funds 10 G8neral funds 5,328 5,302 5.328 5,302 Reserves 10 Total funds 5.328 5.302 Approved by the trustees on 27th March 2026 And signed on their behalf by.. J.E Salata Rothleder Trustee 2nh March 2026 Salata Farrily Found81
Statement of Cash Flows
Statement of Cash Flows for the year ended 31 May 2025 2025 2024 Cash flows from operating actlvllle$ Net incomel(expenditurel per Statement of Financi81 Activities 26 (148) Adjustments for: Increase in trade and other p8y8bles Not cash (ud In)Iprovlded by operating actlvitles 28 (146) Net (decrease)Ilncrea80 In ¢a$h and cash equlvalents Cash and ¢ash equivalents at the beglnning of the year Cash and cash equlvalents at the end of tho year 26 (146) 11.302 11.448 11.328 11.302 Componenls of cash and cash equlvalonts Cash and bank balances Il328 11,302 11,328 11,302 S3la Family Foundation iio
Notes to the Accounts
Notes to the Accounts for the year ended 31 May 2025 Accounting policies Basis of preparatlon The financial statements have been prepared in accordance with Statement of Recommended Pr8Ctice'. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) and the Charities Act 2011. Change In basis of accountlng or to prevlous accounts There has been no change to the accounting policies (valuation rulès and method ol accounting) since last year and no Changes have been made to accounts for previous years. Fund accounting Unrestrlcted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. De81gnated funds These are unrestricted fund5 earmarked by the trustees for particular purposes. Revaluatlon funds These are unrestricted funds which include 8 revalu8tion reserve representing the restatement of investment assets at their market Values. Restrletad funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Income Recognltlon of Income Income is included in the Statement of Financial A¢tivities {SoFA) when the charity becomes entitled to, and virtU811y certain to receive, the income and the amount of the income can be measured with sufficient reliability Incoffle with related expenditure Where income has related expenditure the income and related expenditure is reported gross in the Statement ol Financial Activities (SOFAI. Donations and legacies Voluntary income received by way of grants, donations and gifts is included in the Ihe SOFA when receivable and only when the Charity has unconditional entitlement to the income, S8lata Family Fourbd8tion
Notes to the Accounts for the year ended 31 May 2025 Tax reclaims on donations and gifts Incoffle from tax reclaims is included in the SOFA at the same time as the giftldonation to which it relates. Donated services and facilities These are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable. measurable and material. Volunteer help The valu8 of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Galnsl(1088as) on rovaluatlon of fixed assets This includes any gain or loss resulting from revaluing investments to market value at the end of the year. Galnsl(losses) on Investment assets This includes any gain or loss on the sale of investments. Expenditure Re¢ognltlon ol expenditure Expenditure is recognised on an annual basi5. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates, Expenditure on ralslng funds Expenditure on charitable activitles These comprise the costs associated with attracting voluntary income, fundraising trading cosls and investment management costs. Expendlturo on charitable activltles These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basi5 plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. Governance costs Thèse include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other Expenditure These are support costs not allocated to a particular activity. Salats Family Foundation 123
Notes to the Accounts for the year ended 31 May 2025 Taxation The charity is exempt from tax on it5 charitable activities. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts, In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the charity's cash management. Trade and other Crndltors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of fundsto a third party and the amount due to settle the obligation can be ffleasured or estimated reliably. Creditors and provisions are normally recognised at their settlement emount after allowing for any trade discounts due. Forelgn ¢urrencles Monetsry assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are taken into account in arriving at net incomelexpenditure. Recelpt ol donated goods. facillties and 8ervlceg All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity, sata Family Found8tity7
Notes to the Accounts for the year ended 31 May 2025 Statement of Financial Activities - prior year Unrestrlcted Funds 2024 Total Fund8 2024 Income from: Dontations 2.130,000 2.130.000 Total 2,130,000 2.130.000 Expendlture on: Charitable activities 2,110,000 2.110.000 Other 20,146 20.146 Total 2.130.148 2,130,148 Net expenditure (146} (146) Net income before othor galn81 (losses) Other galns and10889$ (146) (146) Not movement In funds (146) (146) Reconciliatlon of funds: Total funds brought forward 5,448 5,448 Totsl funds carried forward 5,302 5.302 Sjlots Family Foundation
Notes to the Accounts for the year ended 31 May 2025 Income from donations Unrestricted Total 2025 Total 2024 Donation5 Received 15.000 15,000 2.130,000 15,000 15.000 2,130.000 Expenditure on charitable activities Unrestricted 2025 Total 2025 Total 2024 Grants made 2,110,000 2.110.000 Sa8 F8mlly FtyJnd8ti
Notes to the Accounts lor the year ended 31 May 2025 Analysis of grants Actlvlty or programme Grants to institutions Total 2025 Total 2024 Grant-Eton College 2,000,000 Sustainability and Environmental Education (SEED) The PTI 60,000 50,000 2.110.000 The grant to Eton College is to refurbish and improve the School H811 and its related facilitie5. Other expenditure Unrestricted Total 2025 Total 2024 Ger)eral administrative costs 481 481 301 Legal and professional costs 14,493 14.493 19.845 14.974 14,974 20.146 S81qts Family FwrO8lK>
Notes to the Accounts tor the year ended 31 May 2025 Net (expenditure)/income before transfers 2025 2024 This is stated after charging,. Auditors, remuneration 6.000 6,000 Staff costs There wer8 no employees during the period. Creditors, amounts falling due within one year: 2025 2024 Accruals- Audit Fee 8,000 8,000 6,000 8.000 Soljla Farnity FOutkA)
Notes to the Accounts for the year ended 31 May 2025 10 Movement in funds At 1 June 2024 Incoming resourc89 (includlng other gain8llosses} Aesourc•s expended At31 May 2025 Restrlcted Funds: Unrestrlcted Funds: General funds 5,302 15,000 {14,974) 5,328 Tolal Fund8 5.302 15,000 (14.974) 5.328 11 Analysis of net assets between funds Unre8tricl•d funds 2025 Total 2025 Net current assets 5.328 5,328 5.328 5.328 SJlat4 Fjrnily Foundation 129
Detailed Statement of Financial Activities
Detailed Statement of Financial Activities Unrestricted Funds 2026 Total Funds 2025 Total Funds 2024 Income and endowments from: Donation and legacies 10.000 15.000 15.000 15.000 2,130.000 15,000 2.130,000 15,000 2,130.000 Total income and endowments Expenditure on: Charitable Activities Grants made 2,110,000 2.110.000 Total Expenditurg on charltable activltles Bank Charges 2,110,000 301 481 481 481 481 301 Legal and professional costs Audit fees Other legal and professional costs 6,000 8.493 14.493 14.974 14,974 8.000 8.493 14.493 14,974 14.974 6,000 13.845 19.845 20,146 2,130.146 Totsl expendlture of other costs Total expendlture Net gain on investments Net {expendlture)lincome Net income bolore other gainsllosses other gains 26 26 (148) (146) 26 26 Net movement In funds 26 26 (146) Roconclllation of funds: Total funds brought forward Total lunds carried forward 5.302 5.328 5.302 5.328 5.448 5.302 Salats Family Fowdation
Salata Family Foundation Charity Number 1199077