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 Reput*c 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 assl*nce, 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 c*Miiiablè proA8cls. aNJ uthtakwu environmental and wstainablty 8cttvit￿8.
Public benefft
The trustees have pald dug rogard lo issued by tho lJarity COMft￿ in d*idwYJ what acknvit1￿ the
charty Shou￿ undertako.
S&nMlcanl actlvllles and 801￿8V8M8￿ts *ggalnst oty&ths
During tho perk)d. tha F￿ndation made Wl*3r8ss in furtl*rnn¢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 pro*ide 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 Inf*e￿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 c*orltth obser*ves. 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 ovgr*ht 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 c*arity. 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 T**h 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 Charlt*bl• 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$5 performèno ¢>)nditions rlquirn ddwral ol Ihg omwnt. Incom• tax (eMver8ble In
tlon 10 dongkns receWI und8r Gfftfvjd or doodj ot rmn•nt ts r•cogn18•d al lh• Ilm• of tho donatlon.
1.S Ex￿ndItur•
Expenditure 18 roccgnls•d onc• ihero h a b981 or o)nslnKtiv• ob*JaI￿ lo iranslèr •¢cmmlc b8ng11110
third party, tt Is probable that a tran¥fer of Kwomic beneffts req￿0d In solJomgnL and tho amount of
obugotlon be measured
Expgndlturo L8 dassif*d by aaw. The costs ol 90th ar8 rnadg up of tho lotsl of dIr￿t and
gh8red costs. Indudkng support c￿ts thvdved Iri underta￿n9 activity. Dlrecl altrtbutstl& lo 8 ￿ngle
activity are 8lhMied directy to thal 8cbvity. Shared costs wh*J) contri1￿t• to mtre than oGO¥Aty and
SUPPOTI costs vknlch are not attrlbutable to a SW aL*vlty ara apwUon8d t*iw8en those advllbs on a basbs
Con￿$¢?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¢wn*d al a mwkat rate of Fknandal 888ets
d4sslfied as rec￿￿ts18 wiltmn c￿8 yaar arn not •nortis￿.
Crltle*l 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 WUrnPtIc*i8 aro r•vbe**d 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 Pgrtc*J 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) roc*vgd 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 b*nLX 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 m*ial debt the year.