2026-03-31-accounts

THE MAKESWORTH FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 4 DECEMBER 2024 TO 31 MARCH 2026

THE MAKESWORTH FOUNDATION LEGALAND ADMTr41STRATIVE INFORMATION Ssah IGiri R ￿rth19 Ashreslha (Wle(14 Dacember 20241 (Winled 4 December 20241 (Wnted 4 December 20241 (Appthtad 4 Dac8mber 2024) Chalrty numb•r 121129) Chrfty 1•g￿trat[On R•gl•t•r•d gffl Ub* 101. Flrjt Floor HA1 1PD

THE MAKESWORTH FOUNDATION CONTENTS P•9• Tw8198B' Wrt st•tem?nt of flnan¢lal 8th11106 BalarÈce 8h•¢l Note8 to Iho Ilnanclal 8lalam•nt•

THE MAKESWORTH FOUNDATION TRUSTEES. REPORT FOR fHE PERIOD ENDED 31 AIARCH 2026 Th• trust995 prosenl Iher annual reptyl and ffirwKial slatwn8nts f¢xthe pwxyj w¥Jod 31 Marth 2026. The financial 81atem8nts hwg be•n prepared in Ihè aco)untAig Fdicies set oul in 1 to th fmancial statements and camply 71rith the d￿rity$ gO￿ry dowrrwrt. the Charilie5 Ad 2011. FRS 102 Yhè Fln8nc481 Reporting Standord in Ihe UK Reputc ol Irèlgrf and the Charllies SORP 'Ptcounting and Raporting by Charfle$'. Statement of Reo)mm8rded PratAlce applkatle to charthes pTepariro their acrounts In ac£¢rdance wilh the FInarKi￿ Roi>xtiThJ Standard aF9&￿tI& UK arnl Repul of Irolond {FRS 102}'. ObJ•rtlv•s and a¢tlvldes Tho prlncipal oblecJves of The make￿r)rth are to Prthnt ar￿ refw8 poverty In N8pal. promo1 ucallon for thè publ￿ bfjnofft in Ngpol aThJ tho UK and prmioto the consorvalon. and improv8mtrnt of th8 phy¥kal and nalur81 emiwonmenl for the benofil of the Wic in Ihe UK. The Fouftd81Ton seeks ty achl8ve t￿0 obSectives by FKwdirvJ grants. goods 8nd S￿1ceS to inthviduals arKI orynwtions In nead. supporting educational ¢)pportunit￿$ induding sthdarships and other oducotonal asslnce, and und•rtakin9 that ¢￿t￿bUts to envlronmentsl sustainablllty. Durlng the perk)d. the FourHlaliM's ac0vl1￿S ￿ve Induded supportlr¥J dlsadvanlaged ommunilies 8cholarsl)ips arml cMiiiablè proA8cls. aNJ uthtakwu environmental and wstainablty 8cttvit￿8. Public benefft The trustees have pald dug rogard lo issued by tho lJarity COMft￿ in didwYJ what acknvit1￿ the charty Shou￿ undertako. S&nMlcanl actlvllles and 801￿8V8M8￿ts ggalnst oty&ths During tho perk)d. tha F￿ndation made Wl3r8ss in furtlrnn¢g of hs ch¥ilth c4ji0￿¥8Y by $upp)rting educètk>n81 opportunibes through schrdar5hips. wovlrfmg sp)nS0￿h￿l 8UPPOrt to those tn need and o)nlribuknng tOW8rd$ g￿rOnMental Inrtiative8, frK4uding tree pknting. Tho Trnsl8•s plgased that Ihg FoLmdaUon was ab￿ to use the fund8 a¥arlabl8 to proide direct sw to t￿8￿Ciall¥S aTrJ COMrn￿lfy inibabves. As a smal] arKI dovfjlopir￿ ¢harity. Ihg Foundatkn conlwiues to build its and p8thorshlps wlth the alm of Infe￿Nd th6 reach and impact of its tharitatrAe wovk in future p8rkth. Flnanclal revlew During the period. the Fowxlakn rece¢ved of £S.&)O. ujmpmiry a thjnation recel¥ed Irom a related party. The Foundation appw ils resour￿ tcwards its charitatla obi&i¥es, ￿ryth expendilure induding £943 on s¢holarshSps. £2.611 on sponsotshlp aclivlti.es gnd £238 on tree pknting WKI ￿￿[￿r¥￿ents1 athiti95, 109ether with other charitable an¢J administrative expeThJitLFre. Tr Trusioes havo sowJhl to ensure Ih81 the funds ovalb8ble to the Foundation were used 8ppmprialdy in ftwthernnce of its corltth observes. At the year end. the Foundallon had £1,680 01 unr8Stricted lunds avallable to support its ongoNvJ ivltles. The TNslees win conlSnue to Sgak appropri81e fvnding donations to ¢n8ble th? FwKlalion to de¥ek4) its dwitth acaivthes in fvbjre periods. The Mak8sworth Foundalion L8 a CharKable Organlsattcffi (CIO) rn￿$1ered wlth the Chaflty Commission for England Wales and b govThd by its OY￿bI￿. Th• Foundation is ov8rs8on by 8 board of fourTrustè•$ who a￿ re5ponslbl8 for thg overal governa￿. stralegk dlreclfjon an(1 managemenl of lh& cha￿ty and for ensuring that its 8Cbwties aro out li o¢c4ydm ￿ its ¢hgrttabl8 ob• 8nd OP￿ICable leg818nd rylatory r8qulr8ments. G￿eTr the small slza and of Iha Fr￿Ja￿On, ts Trusts89 dosely thvolvèd In the daY-￿daY ovgrht of rts athtios. induthng the approval and n￿nit0¥Y￿ of charilable expenditure and th8 uso of fund8. Tho mlei aTrJ coThNnLFrthats as WLthT8d to con8ld8r th8 Foundolion'$ actmdas and financl81 poslU( and lo maka decAs•Jns in th8 b&st interests of Ihe carity. The F(XMKlalth h8$ no emt4oyo0s and operats8 wilh a slmplo managoment structure approprfats to Its size and xlIvk￿$. Thg trusie8B who ￿r¥od durlng the porfcrfl and w to lh• date olslgn8lure ofts nnand818ts10rn8nts were.. Ssah {AwLNn￿j 4 [kn￿r 2024) IGIri IAFvrfnled 4 08cembgr 2024) R Gunjng (Appcrfnted 4 08cember 2024) A Shro$th8 IAppL¥nted 4 0o¢emb8r 2024)

THE MAKESWORTH FOUNDATION TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2026 Tho Iru8t88s' roport was approved by tho Board ol Tr￿$. Ssah TN8ts0 17 ALtgus

THE MAKESWORTH FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNn FOR THE PERIOD ENDED 31 MARCH 2026 Unr•strl¢tsd fund8 2026 Inaam• trom: Donatk)n8 and bgodo8 Total In¢am• exp•fidltur• on: Cho￿¢able activltl•i Totsl •xp•ndllur• 3,820 Not In¢om• •nd mowM•nt In lund• R•¢on¢lll•tlon •f lund•: Fund balances al 4 December 2024 Fund b•lane•8 at 31 M•reh 2028 1.680 Th• •tat•ment ol financkl actMl•s Includ•0 all o8ln8 and 108895 r•cognls•d In th• p•dod. All In¢om• and •xPgndl￿ro d•rfv• from conilnulng dcifvllles.

THE MAKESWORTH FOUNDATION BALANCE SHEET ASAT31 MARCH2026 2026 Curront a8Mt# Cash 01 bank and In hand 1,e80 N•t curr•nt aS8•t8 Th• funds of th• charfty Unrestrlcted funds 1,680 1,680 The nancial statements were apwoved by the Irusteos on 17 August 2026 Trust09

THE MAKESWORTH FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARGH 2026 A¢c•untlng poll¢S Th• M•kosworth Foundalion * a cl)8rity reg1sw￿ irt Enghr#l and Wal88. reglstration nuntsr 1211250. 118 reglstsred offic oddress i8 Unlt 101, Flrst Fh)y. Cervantes House, &9 Headsto￿ RoBd. Harr￿, HA11PD. 1.1 B•81s of pr•parat Th8 fina￿181 stalefflents h8ve t￿On prnparnd In •c￿nce Th th• govomlrwj document. Ihe Ch#rities Act 2011, FRS 102 Tr Flnandol Reporting Standard opplic8bf8 in thè UK and Reput4ic of Iroland. •nd the Charlues SORP 'Acc4Junllng and Reporfin9 ty Char6tles'. Statemant of Recommended Pracllce aPF4ic•bh to pr8pathg thelr in accMlanc4 wilh tho Flnancial Roporung Stand8rd p￿1c•bI• In ts UK Rfjpublk of ￿and {FRS 102r. Tr dwrlty ts • B•n•fft Enuty ai ¢finèd by FRS 102. The fln8nd81 stslèM￿ts •r8 Fygpar￿ kn stethng. the ￿rr•￿ of tho Monethry 8mounts In theso fln8nclo1 statem￿ts 8r• to tM ne￿81 L The flnanclal J18teM￿ have b¢¢n prepwed hlstorfcd cost convènkn. The wlnclpal accountlng pollu•$ adopt￿ are ￿1 ￿1 bdow. 1.2 Golng ¢on¢•rn Al the tlmo of approvln9 the fln8ndo1 $t8tWn•￿. tho tr￿18&$ h8¥e o exped3tron Ih•i th• ¢h•rfty J •d•qu•le T•￿ul￿8 to ¢OnlIm￿ In op•rntkn￿l oxlstenc• lor th• fornseoable futur•. Thu• th• tr￿t••$ ntlnuè to 4dopl 9olng con¢wi bas18 018c0￿￿ting in prop8rtr4J tho finoncl•l sto18m￿ts. 1,3 Charltbl• fund• Unrestslclad fvnds ar• 8v•ll•bb for al th• d18¢r•Uon ol th• tru8t••• In luth•Mc• ol ¢horltab oWecllve8. Endtr4vm•nl furvjs w• iubl•ct to coThJllth that ¢xpknl muit b• malntalned ty th• 1.1 In¢om• In¢x)mè18 rtW$8d wh•n the d￿rity ig legally entitl•d lo il Jfter any perfonngnce Cly￿1￿￿# have boon mel, the amounts can be measured rdhbty. and it 08 pmbobl8 that IrKtm ￿11 bè receIv￿. C8sh donallons arn r￿n￿¢￿ on recglpl. Olhr dcmtlorn aro rer4)gnIS￿ once If¢• ch8dty has baan notfflad ol Ihe donation, ur48$5 performèno ¢>)nditions rlquirn ddwral ol Ihg omwnt. Incom• tax (eMver8ble In tlon 10 dongkns receWI und8r Gfftfvjd or doodj ot rmn•nt ts r•cogn18•d al lh• Ilm• of tho donatlon. 1.S Ex￿ndItur• Expenditure 18 roccgnls•d onc• ihero h a b981 or o)nslnKtiv• obJaI￿ lo iranslèr •¢cmmlc b8ng11110 third party, tt Is probable that a tran¥fer of Kwomic beneffts req￿0d In solJomgnL and tho amount of obugotlon be measured Expgndlturo L8 dassifd by aaw. The costs ol 90th ar8 rnadg up of tho lotsl of dIr￿t and gh8red costs. Indudkng support c￿ts thvdved Iri underta￿n9 activity. Dlrecl altrtbutstl& lo 8 ￿ngle activity are 8lhMied directy to thal 8cbvity. Shared costs whJ) contri1￿t• to mtre than oGO¥Aty and SUPPOTI costs vknlch are not attrlbutable to a SW aLvlty ara apwUon8d tiw8en those advllbs on a basbs Con￿$¢?n1 Wblh Ihe LL8e of rog￿lc¢S. Centr81 staff rnsts are aifocaled on thg bo918 ol time 8pen( and

THE MAKESWORTH FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONnNUED) FOR THE PERIOD ENDED 31 AIARGH 2026 Accounllng pollclo• IconlJnuod} 1.8 C••h •nd ca8h •wI¥￿•Th￿ Cash and 8quiw4fjnts Thludo CO8h in hand. do￿118 hotd at wlh b8nk¥. other 8hort48m b'quid h)vèstm8nts wllh orlgb)d m•tuwttl85 ol threg nKffjths or bss. ¥¥J bank ovfjrlrafts. Bank overdrafts arg Shown wlthin borrowlngs in ￿Thent lIa￿litIes. B•k ffNn¢l•l•M•l¥ 8&Bic finan¢lal ass•ts, vthlth Irtdudo d•btorn and c48h and bank ba19n￿. arg Inlbally mg08ured at iran88CtEon prte• Indu(Ing tranucJon costs and th 8ub88qu6nty ￿nIed 81 amort188d o)81 uslng Iho effoctlvo Interest methc41 ur￿e$S the •rrangem8nl c4)n8Otutos a Ilnani>ng tron￿cl10n. whern the Iransackn 1$ measured 81 tho pr880nl Val￿ of tho fv￿r¢ roc•lpts d18¢wnd al a mwkat rate of Fknandal 888ets d4sslfied as rec￿￿ts18 wiltmn c￿8 yaar arn not •nortis￿. Crltlel xeoundng ••llmat•• and JudgMn•Tht• In the appllcation ol tho dwrW$ acL¥>untsn9 pokies. th8 tsuslegs arn r•wtrgd to Mak8)l￿￿M0ftts. 08lim4lBs and a18umpllons about tho amounl of a￿1$ and liètMliJ•s th•1 •rn nol re8dlly awrenl frorn other Ioufces. Tho esllmates and assooated 8ssumptions arn based on hl8tOfkai 0Xpert￿¢8 and oth•r fqclors that The 08tlmalo8 and undfjrfylng WUrnPtIci8 aro r•vbed on •n Wfvj b9$1$. RovTrsbn8 to a¢¢￿￿tIng •8￿M)leS are r•c(4nlged tn ts wiod in th• eJtimat• Is r￿sed whore thè revi8lon affect8 that p•riod, or in Iho PgrtcJ ol Ihe rw8ion fulur• pododa tw• rnv161on oflod8 bth ¢urMI and futu ods. Incom• from donatlpn• •nd hg•c Unr••trlct•d Unrn•trl¢t•d fund• lund• 2028 Donal¢)n$ I￿1 4 Exp•ndlluv• on ch*rlt•bl• •cllvlll•• Fund• 2026 Dlr•¢t ¢Mt• ACCA 8cholernfip Benk charges Swsorships Tree pkqntsng 28 2.611 238 3,820 An•ty•l8 by fvnd 3.820

THE MAKESWORTH FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARGH 2026 Tru8tee8 Noné of Ihe truslees (or any pw8ons ¥thith thgm) rocvgd any re￿WallOn or bongfits from the charity during the perifyJ. 2026 Numb•r Taxallon Unro8trl¢t•d furKts The ￿laStrIl￿Od funds ofthe th8 unexpenw bnLX of donati￿ and grnnts whk aro not $vbied lo SFwr￿ &)nditbns by donrys and gr8nlors as lo how thgy may bo used. indudg d0s1gn8￿j fund8 vthith have b88n set asklg ¢xrt of unrestsictfyy luThYs by the twstees for sp8clfi¢ purpo$8s. A14 Incomlng Resour¢o8 At 31 Mar¢h r•sour¢es oxpmded 2026 Generd funds 13.820) R•l•t•d party tran8a¢tlon8 10 Cash g•n•r•t•d from oporallon$ SuWus forlh8 11 Anafy¥l8 of changes In not fundglldpbtl The charity had no mial debt the year.