Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
REGISTERED COMPANY NUMBER.. 14017653 IEngland and Wale51
REGISTERED cHAR￿y NUMBER.. 1199371
Report of the Trustees and
Unauditèd Financial Statèmènts
for th8 Yaar Ended 30 Aprll 2024
for
GALLEON FOUNDATION

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Contents of the Financial Statements
for the year ended 30 April 2024
Pag&
Report of the Twstees
Independent Examinerfs Report
Statamènt of Financial Activiti•s
Balance Sheet
Notes to the Financial Statements
9 to 13

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Report of the Trustees
for the year ended 30 April 2024
The Tru5t885, who also act as Directors for the purposes of company law, are pleased lo prgsenl their rgPQrt wth the
independenuy examined financial statements of the cornpany, 'Galleon Foundation. I'lhe charitable company'l
Iregistered in England and Wales), for the year ended 30 April 2024.
The Trustees confirm that the Annual Report and independently examined financial statements of the charitable
COTnp3ny CoM￿Y with the ourrent ststutory requirements, the requirements of the oharitsble cornpanys governing
document and the provisions of the Statement ol Recommended Practice ISORPI, applicable to charities preparing
their accounts in accordanee with the Financial Reporting Standard applieable in the UK and Republic tsf Iieland IFRS
1021 issued in October 2019.
The independenlly examined financial statements wmply wlh the Charities Ad 2011, the CoTnpanies Act 2006, the
Mernorandum and Articles of Association, and Accounting and Reporting by Charities.. Stalernent ol Recommended
Practs"ce applicable to charities preparing their accounts in accordance with the Financial Repotting Stsndard
applicable in the UK and Republic of Ireland IFRS1021 issued in October 20191 Charitses SORP FRS 1021.
Page 1

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Report of the Trustees
for the year ended 30 April 2024
Structure, governance and management
Govèmin
documènt
The Charity is a company limited by guarantee (No. 140176531, governed by ils Memorandum and Artides of
Association and was incoiporated on 1 April 2022. Its Charity number is 1199371.
Govomancè and mana
amont
The charitable company is managed by the diligence ol ils Trustees who meet regulady for the discussion of its
businèss, relevant mattets and financial reports. Trustees are eleded at the Annual General Meeting, in accordance
with the requirement ouuined in the governing document and in accordance with the requirements of the Charity
Commission.
The Trustees of the charitable company during the period were as follows..
Mrs A F Chapm8n-D8niel. Trustee
Ms S A Chapman-Daniel, Trustee
Mrs D P Wilson, Trustee
Rlsk mana
èmant
The Trustees have assessed the major risks to which the charitable company is exposed, in particular those related to
thè opèrations and financès of thé charitsblè ctsmpany, and are satisfiÈd that systèms and procédurés arè in placa to
manage the exposure lo the major risks.
2024 was considered to be a wntinuing challenging period due to factors such as., increasing inflation in both the UK
and globally, other impacts were seen as a result of the war between Russia and Ukraine and the attack on Israel from
G8za and subsequent trou￿es. These Clrcutnstan￿S have continued to itnpact upon the availability of iesources and
put strain on supply chains. increasing costs generalty across the board.
The charitable company has regularly reviewed ils cost base in order lo identify and rninimise costs incurred. The
Trustees operate a rigorous review and ensure all expenditure is appropriate, reasonable and maintained at a level
which is financially sustainable wthout irnpacting th8 ability for the charitable company to continu8 SLJPPOrting th8 arts
and heritage sector.
The Trustees met regulady throughout the period and have ￿ntinued lo do so after the yearend. All committed
funding and charitable income is reviewed at these meetings, and the Trustees satisfy themselves that adequate funds
ar8 held lor all commitn18nts. Funds ar8 also h8ld with the intention ol ke8ping th8m on a IOng8r-te￿ basis.
Grants and donations are ￿vieWed on a casewbywcase basis and are entirely at the discretion of the Trustees after
ensuring sufficient finanoes wll be held post-granl for the charitable company lo remain in operation lor the
foreseeable future. The grants and donations given are unfettered and the charitable company does not expect to
realis8 a r8tLJrn on the arnounts giv8n.
Ob
ectlves and actlvltles
The objectives ol the charitable company are to support a wide range ol organisations, such as volunteer and local
community groups, particulady those that have a primary focus or operation within the arts and heiitsge space.
Organisalions lor which the charitable company may provide grants and donations are identified by the nature and
aims of their ongoing work, including their impact and strive to Improve and enhan￿ opportunities within local
communities, both in the UK and globalty.
The grants and donations that the charitable company agrees to enter into are reviewed on a c8se-by-c8se basis and
are entirely at the discretion of the Trustees. The grants and donations are unlettered and the charitable company does
not 6xpÈet to Ioalisè a rèturn on tha amounts givèn.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidan
published by the Charity Gommission relating to public benefit, including the guidance 'Public benefrt.. running a charity
IPB21'.
Page 2

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Report of the Trustees
for the year ended 30 April 2024
The trustees confirm that, in the exercise of their powers as Charity Trustees, they have had due regard to the
published guid8n¢8 from the Gh8rity Cornrnission when renewing the charitsble COTnp8ny's 8itlls and objectives and in
planning future activities.
Inv
The Trust88s have adopt8d an inv8Stm8nt policy to 8nsur8 that the charitab18 company's funds ar8 manag8d prud8ntly
and in line with its objectives. The policy prioritises capital preservation while achieving a rnodest return to support the
charitable company's activities.
The charitable company primarily invests in money market inslrurnents with a maturity of up to 12 months. These
invÈstmènts are selectèd to maintain liquidity and rÈduce risk, ènsuiing funds arè rèadily availablè to moet opèiational
needs.
The Charitable company is building its cash reserves from whieh it has started making grants and donations in the
advancernent of its objectives. This activity and the making of some grants and donations have continued.
Whilst th8 charitable company d085 not expect to gener3t8 a retum on the grants and donations tMad8, the Truste85
have sought routes frorn which financial returns can be oblained on the cash balances held. the retums of which will be
directly reinvesled and used for the charitable company's primary objectives and charitable activities.
Charitable income
The charitable company's income is derived from donations which are received from private individuals.
The charitable wmpany does not C8rry out any other specific fundraising actimty, and any other retums are generated
from interest income earned on cash balances held and on temporary fixed-temi deposits.
Page 3

GALLEON FOUNDATION
Report of th8 Trustees
for the year ended 30 Aprll 2024
Plans and ob
ectlves forthe future
The ch8rit8ble company's activities hav8 begun 8t a gen8rally low18vel during the initi81 period while rAsh r858rw8s 8r8
LY)Istered by investment income but it is reviewing and providing some grants to suitable parties, supporting new and
existing projects in the arts and heritage spa￿.
Should the charitable company require additional funding they will consider the prospect of fundraising actniities and
discussing ongoing support with private individuals and donors. The cash balances and assets of the charitable
company will b8 continually revi8wed and, where excess cash or conv8rtib18 assets are h81d, these may b8 considered
to be invested or provided on a ShOrt-te￿ basis to generate a financial retum, whilst ensuring satisfactory liquidity and
a¢￿ssibilitY to maintsin financial stability. It is intended that any financial return generated would be used wfx)Ily lor
the furtheran￿ of the charitable Company's objectives.
Flnanclal revlew
The staternent of financial activitie5 for the peri￿ ended 30 April 2024 shows net incotne of £63,902 12023..
£1,125.1971. As al 30 April 2024. the net assets were £1,189,099 12023.. £1,125,197), of which £679,447 12023..
£1,140,300) was cash h81d.
The expenditure during the peri(Kl primarily consisted of accountsncy costs, grants and donations made in the
adv8ncement of the charitable company's objectives. As the charitable company h8s now been operational for over a
year, these costs reflect its ongoing activth"e5 and cotnrnitrnentto achieving its charitable goals.
The Trustees considerthe finanual position of the Foundation as at 30 April 2024 to be satisfa¢tory.
Reserves
The Trustees have decision-making authority on how they manage Reserves and Investments. They have considered
the scale, complexity and risk profile ol the charitable company and taken account of the funding base. which mainly
consists of donations. The Trustees aim to balance the needs of current and future beneficiaries. On an ongoing
ba￿s, the Trustees plan to generate sufficient income from investment adivities, including holding ex￿SS cash
balarn￿$ in high interest yielding accounts, such that financial ￿tum$ are generated which will enable the charitable
company to fund activrties for current benefiuaries for the short. medium and long-term.
Unrestricted ￿serveS are available for use by the TtU5tees in furtheran￿ of the general objectives of the charitable
company and enable il to meet its cash flow needs. The Trustees monitor these fund levels to ensure they are
suffici8nt to fund th8 ch8ritable (x)mpanls core expenditur8.
Restricted reserves are for expenditure on the purposes stipulated by ttx)se who provide specific funding.
AJI funds were applied in accordants with the objectives of the Foundation.
Reference and administrative dètails
Reglstered Company number
14017653 (England and Wales)
Registered Charity number
1199371
Registered office
One Bartholomew Close
London
EC1A 7BL
Trustees
Mrs D P Wilson
Mrs A F Chapman-Daniel Chief Executive Offi￿r
Ms S A Chapman-Daniel
Page 4

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Report of the Trustees
for the year ended 30 April 2024
Reference and administrative details
Indèpèndènt Examinèr
Cooper Parry Group Limited
CUBO Birmingham
4th Floor
Two Chamberfain Square
Bimingham
West Midlands
B3 3AX
Trustees, responslblllty statement
The Truste8s who 8rg 81s0 Directors of Galleon Foundation for the purposes of company law are responsible for
preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounb"ng Practice).
Company law requires the Trustees to prepare financial statements for each financial year, which give a true and fair
view of the stste of affairs of the oharit8ble cornpany and of the incorning resources and 8pplic8tion of resources,
including the income and expenditure, of the charitable company lor that period. In preparing these financial
statements, the Trustees are required to..
select suitable accounting poliues and then apply them consistently.,
observe the rmethods and principles in the Charities SORP 2019 IFRS 1021.,
make judgements and estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been ft)Ilowed, subject to any matèrial departures
disdosed and explained in the financial stalemenls..
prepare the finanual statements on the going concern basis unless it is inappropriate to presume that the
haritaiAe Gompany will continue in operation.
The Trustees ar8 responsible lor keeping adequate accounting records that disclose with re350nable accuracy at any
tirne the financial position ol the charitable company and enable thern to ensure that the financial statements comply
with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and
hence for taking re8son8ble steps for the prevention and detection of fr8ud and other irregularities.
The Trustees are responsible ft)r the maintenanee and integrity of the corporate and financial information included on
the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of
financial statements may differ Irtsm legislation in other jurisdictions.
Legal status of the charity
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of
winding-up is limited lo a maxirllum £10.
Disclosurè of information to indè
èndènt èxaminèrs
Each of the persons who are Trustees at the time when this Trustees, Report is approved has confimed that..
so far as that Trustee is aware. there is no relevant audit information ol which the charity independent
exarniner5 are unaware", and
th8t Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any
rdevant audit information and lo establish that the charity's auditors are aware ol that informats'on.
This report has been prepared in accordan￿ with the speaal provisions of Part 15 of the Companies Act 2006 relating
to small companies.
16 January 2025
Approved by order ol the board of trustees on ............................................. and signed on its behalf by..
d by..
- CLw4W-goJAXLI
FF202AS8EBWC2
Mts A F Chapman-Daniel - Trustee
Page 5

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
Independent Examinerf5 Report to the Tru5tee5 of
Galleon Foundation
Indèpendènt examinèr's raport to thè trustèès of Gallèon Foundation I'thè Company'l
I report lo the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2024.
Responsibilities and basis of r8POrt
As the charity's trustees of the Company land also its directors for the purposes ol company lawl you are responsible
lor the preparation ol the accounts in accordan￿ with the requirements of the Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the accounts ol the Company are not required to be audited under Part 16 01 the 2006 Act
and ar8 eligibl8 for independ8nt examination, I report in respect of rny examination of your charity's accounts as carr18d
out under Section 145 of the Charities Act 2011 I'lhe 2011 Act'l. In carrying out my examination I have followed the
Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Act.
Independent examinerfs statement
I have completed my examination. I conlim that no matters have come to my attention in connection with the
ex8minalion giving me cause to believe..
aooounting records were not kept in respect of the Company as required by Se¢tion 386 of the 2006 Act,. or
the accounts do not accord with those records.. or
the accounts do not comply with the aecounting requirements of Seetion 396 of the 2006 Ael other than any
requirement Ihat the accounts give a true and fair wew which is not a matter considered as part of an
independent examination., or
the accounts have not b8en prep3r8d in accordance with th8 methods and principl&s of the Statement ol
Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their
ccounts in accoidance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 10211.
I have no oonoerns and have cotllg acros5 no other rn8ttgrs in connection with the ex8mination to which attention
should be drawn in this report in order to enable a proper understanding ol the accounts to be reached.
Glen Bott FCA
Cooper Parry Group Limited
CUBO Birmingham
4th Floor
Two Ch8mberl8in Square
Birmingharn
W6st Midlands
B33
Date..
17 January 2025
Page 6

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Statement of Financial Activities
Ilncorporating an Income and Expenditure Account)
for the year ended 30 April 2024
Period
114122
Year ended
3014124
Unrestricted
fund
3014123
Total funds
Notes
Income and endowments from
Donations and legacies
50,1100
1,162,000
Investment income
44,007
2,385
Total
94,007
1,164,385
Expendlture on
Raising funds
8,564
Charltable actlvltlgs
Antigua & Barbuda Youth Syrnphony Orchestra
Bohd8n Ilnytsk
Support costs
Other
6.299
5,000
13,052
5.754
22,046
1,000
7,578
Total
30,105
39.188
NETINCOME
63,902
1,125,197
Reconciliation of funds
Total funds brought forward
1,125,197
Total funds carried fO￿ard
1,189,099
1,125,197
The notes fom) part of these financial statements
Page 7

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Balance Sheet
30 April 2024
2024
Unrestricted
fund
2023
Total funds
Notès
Current assets
Debtors
Investments
Cash al b8nk
6,179
511,470
679,447
961
1,140,300
1,197,096
1,141,261
Creditors
Amounts falling due within one year
10
17,9971
116,0641
Net current assets
1.189,099
1.125,197
Total assets less cuThent liabilities
1,189,099
1,125,197
NET ASSETS
1.189,099
1.125,197
Funds
Unrestrided funds
1,189,099
1,125,197
Total funds
1,189,099
1,125,197
The charitable company is entided lo exemption from audit under Section 477 of the Companies Aci 2006 for the year
ended 30 April 2024.
The m8mb8rs have not reqLJi18d th8 Cotnpany to obtain an audit of its financial stat8m8nts for th8 y8ar 8nd8d
30 April 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
lal
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the
Companiés Aet 2006 and
preparing financial statements which give a true and fair view ol the state ol affairs ol the charitable company
as at the end ol each financial year and ol its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 8nd which otherwise comply with the requirements of the Companies Act
2006 relating to financial stalemenls, so far as applicable to the charitable company.
Ibl
These financial statements have been prepared in accordan￿ wth the provisions applicable to charitable cornpanies
subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue
..lffj-..ianua.r.y..2fj2.5....... and were signed on its behalf by..
on
SW•d by..
IF￿2*S&EE*Hcts.................
A F Chapman-Daniel - Trustee
The notes fom) part of these financial statements
Page 8

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Notes to the Financial Statements
for the year ended 30 April 2024
Accounting policies
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Chaiities SORP IFRS 1021 'AccoLJnb"ng and Reporting by Charities.. Statement
ol Recommended Practice applicable to charities preparing their accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffedive 1 January 20191,,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost
onvention.
Income
All incom8 is recognis&d in the Staternenl of Finanoial Activities once the charity has gnlilletngnl to the funds. 11
is probable that the incorne will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charrty to that expenditure, it is probable that 8 transfer of economic benefits will be required In settlement and
the amount ol the O￿lgatIOn can be measured reliably. Expenditure is accounted lor on an accruals basis and
has been dassified under headings that aggregate all cost related to the category. Where costs cannot be
diredly attributed to particular headings they have been allocated to activities on 8 basis consistent with the use
ol resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment
but not accrued as expenditure.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accountlng
Unrestrieted funds ran ba usad in aceordanca with th6 charitabl6 objéctivès at thé discrétion ol thè trustsès.
Restricted funds can only be used lor particular restricted purposes within the objects of the charity.
Reslriotions arise when spe¢tfied by the donor or when funds are raised for particular restri￿ed purposes.
Further explanation ol the nature and purpose of each fund is induded in the notes to the financial statements.
Cash at bank
Cash at bank includes c55h held in current account5, deposlt accounts, and money market accounts tnaturing
within three months of the year-end. These balances are slated at their nominal value.
Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the charitable company
becomes a party to the contractual provisions of the instrumenl. Tiade and other debtors and ereditots are
Classified as basic financial instruments and measured at initial recognition al transaction price. Cash and cash
equivalents are dassilied as basic financial instruments and comprise cash in hand and at bank. Financial
liabilities are classifigd in 8wordanoe with the substsnGe of the wnlraolual arr8ngetnenls entered into and the
definitions of a financial liability.
Going eoncern
The Trustees, having considered the financial position of the charitable company as well as its future aims and
forecast cash flows, have conduded that the charitable company will continue to operate lor the foreseeable
future and al least until 12 months from the signing of these fin8n¢ial sl8temenls. As a result of this. the
financial statements continue to be prepared on the going concern basis. The financial statements do not
InclLJd8 any adjustn18nts that would be requir8d il th8 going conc8rn concept was not deemed appropriate.
Page 9

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Not•s to the Financial Statements . continuèd
for the year ended 30 April 2024
Investment income
Pèrlod
114122
to
3014123
Year ended
3014124
Deposlt account interest
44,007
2,385
Raising funds
Raising donations and l•gacias
Period
114122
to
3014123
Year ended
3014124
sUp￿rt costs
8,564
Support costs
Governance
costs
Supwrt costs
13,052
sUp￿rt costs, included in the above, are as follows..
Finance
Period
114122
Year ended
3014124
Total
aetiviti8s
3014123
Total
aetivit18S
Bank charges
78
Governance costs
Period
114122
to
3014123
Total
activities
Y•ar ènded
3014124
Support
costs
Auditors, rernuneration
Independent examination lees
Accountancy and legal lees
7,500
4,800
8,252
8,564
13,052
16,064
Pag8 10

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Not•s to the Financial Statements . continuèd
for the year ended 30 April 2024
Net incomellexpenditurel
Net incomellexpenditurel is slated after chargingllcreditingl..
Period
114122
to
3014123
Year ended
3014124
Auditors. rernuneration
Other accountancy services
Independent exatnination lees
7,500
3,000
4.800
Trusta•s' remunèration and banafits
There were no trustees. ￿MUneratIon or other benefits for the year ended 30 April 2024 nor for the period
ended 30 April 2023.
Trustees, expenses
During the year, the Trustee, Ann Frances Chaprnan-Daniel, incurred reimbursable expenses totalling £197.
This amount is induded in creditors at the year-end.
Comparatlves for the statement of financlal actlvStles
Unrèstrietèd
fund
Income and endowments from
Donations and legacies
1,162,000
Investment income
2,385
Total
1,164,385
Expendlture on
R81sing funds
8,5fj4
Charitable activities
Antigua & Baibuda Youth Syrnphony
Orchestra
Bohdan Ilnytskyi
Other
22,046
1,000
7.578
Total
39,188
NET INCOME
1,125,197
Total funds carrièd forward
1,125,197
Pag811

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Not•s to the Financial Statements . continuèd
for the year ended 30 April 2024
Debtors: amounts falling due within one year
2024
2023
Prepayments and accrued income
6,179
961
Current asset investments
2024
2023
Mongy markgl investments
511,470
The charit8ble company holds money rnarkel instruments classified as current asset investments. 85 they
mature after three months but within one year of the reporting date. These instruments are stated at amortized
cost in accordanc8 Wlth th8 charrtable cornpanvs accounting policy.
10.
Credltors.. amounts falllng due wlthln one year
2024
2023
Other creditors
Accruals and deferred income
197
7,800
8,564
7,500
7,997
16.064
11.
Movement in funds
Net
movement
in fund5
At 115123
At 3014124
Unrestricted funds
General fund
1.125.197
63,902
1,189.099
TOTAL FUNDS
1,125.197
63,902
1,189.099
Net movement in funds, induded in the above are as follows..
Incoming
rasourc•s
Resources
axp•ndad
Movement
in funds
un￿strICted funds
General fund
94,007
130,1051
63,902
TOTAL FUNDS
94,007
130,1051
63,902
Pag8 12

Docusign Envelope ID." 33EOF6F1-810(HA84-9F33-90D18FB35666
GALLEON FOUNDATION
Not•s to the Financial Statements . continuèd
for the year ended 30 April 2024
11.
Movement in funds- continued
Comparatives for movement in funds
Nèt
movement
in funds
At 3014123
Unrèstrictèd funds
General fund
1,125,197
1,125.197
TOTAL FUNDS
1,125,197
1,125.197
Comparative net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
In funds
Unrestricted funds
General fund
1,164,385
139,1881
1,125,197
TOTAL FUNDS
1,164,385
139,1881
1,125,197
12.
Related party dlsclosures
During the year, the charitable cornpany re￿iVed donations lotalling £50.000 12023.. £1.162,0001 Irorn related
parties. This indudes £25,000 from the Trustee, A F Chapman-Daniel and £25,000 from O Daniel who Is a
close family merrber of the Trustee.
Pag8 13