Charlty reglstration number 1212319 (England and Walps THE TADEUSZ BRADECKI FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 THE TADEUSZ BRADECKI FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ms K Sinclair Mr M Sims Mr J Slnclalr IAppolnled 27 February 20251 (Appointed 27 February 20251 (Appointed 27 February 2025) Charlty registration England and Wales 1212319 Accountant5 BK Plus Limited Alverton Pavillion TY6wilhen Road Penzance Cornwa11 TR18 4LS THE TADEUSZ BRADECKI FOUNDATION CONTENTS Page Trustees. report Accountants, report Slalemenl of finandal actNitie8 Balance sh691 Notes lo the financial statements 6-10 THE TADEUSZ BRADECKI FOUNDATION TRUSTEES. REPORT FOR THE PERIOD ENDED 31 MARCH 2026 The trustees present their annual report and ftnancial statements for th8 pedod onded 31 March 2026. The financlaS statements have boen PTepared in accoidance wilh the accounting policies sel OLS1 In note 1 to the financial statements and comply with the charity's governlng document, the Charities Acl 2011, FRS 102 "The Financial Rèporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "P£counling and Reportlng by Charities.. Statement ol Recommended Piactice applicable to charities prepaiing Iheii accoun15 in accordanc6 with the Flnancial Reportlng Standard applicable In Ihe UK and Republ5¢ of Ireland IFRS 102)" Objectlves and actlvltle5 The object ol the CIO Is.. For tha public beneflt, lo advanc¥ the art of literature, partlcularfy In works of literary merit that combine story-telling Ilclion and non-fiction wrillng and that cross and connect artlslic genr8s, disciplines, culture5 and subjects and that expose th6 roading public lo dlverse perspectives, cullures and experiences in particular bul not exclusively through.. A. The award of an annual prize for books first Plsblishéd in Engllsh or translated into English from a European language and published In the UK OT Europ8', B. Other events such as reading8 and small Illerary feslivals., and, C. To create an aichive whlch relates lo Tadeusz Bradeckl's work. Public bener The Iruslees have pald due regard to guldance issued by the Charity Commi88ion in deciding wh318cllvitles the charity should undertake. Achlevemgnts and performance Significanl activities and 8chievement5 agains( objectives During the period, the charlly hosted ils ffrst awards night and Illeiary fe8ttv81. Flnancial revlew Donations have been received solely from Ihg ft)undlng Iruslee. The chartly is in Its eaily years, and has the ¢onlinued support of the Iruslees. Reserves policy It is the policy of the char51y Ihal unrestricted funds which have not been designated for a speclflc use should b maintained al alovel equlvalenl lo between three and six month's expenditure. The Iruqlèes consider that reservos at this level will ensure that, in the event of a significant drop in funding, they WI15 be able lo conlintje the charity's citrr8nt aclivitles whil& considerallon Is glvgn lo ways In whtch additional funds may be ra186d, Structure, governance and management The chaflty is a Charitable Incorporated Organisalion ICIOI, regislar6d on 27 February 2025, The Irusleas who served durlng the period and up lo the dale of signature of the flnanclal statements were.. Ms K Sinclair (Appointed 27 February 20251 Mr M Sims (Appointed 27 Fcbruary 20251 Mr J Sindair (Appolnled 27 February 20251 THE TADEUSZ BRADECKI FOUNDATION TRUSTEES. REPORT (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2026 ft8cruilfftenl end 8ppoiJJlmenl ortw$l8o$ Apart ftorn the firsl chsrity trustees. every lrnste8 must be appolnled for a term of Ihree years by a resolution P4$5ed at a prtspefly convenod mo•ting èf IhB cherity truste05. In selecting Individud$ lor appoinlinenl ¥ charity trustees, lh8 tharity knUStE8S riwsi havè regard to ttie sldll4 knowle￿￿ and è%pBrf*>nc¢ ne¥ded lor the èff8cti¥e 8dminlgtration of Ihe CIO. If the CIO is w¢)und up, the Mfymbe￿ Ol the CIO have no liabilty to conlribtrtè to its assets persona1 18sponsiblNy lor$altling its debts and li?bilil(es. Th¢ charity 1$ corttrolled by its uovemlng dDuJment, and ¢onstibJtss a Challlable Iri¢orpor8ted Or9ani6ob"on. OthermJ31t8KS R8gi$t8r8d Chwty nvrnbey. 1212319 Ragislor9d offitè= 8 BENBOWROAD GROUND FLOOR FLAT LONDON W6 OAG rhe trustee5' reportwas approved by Ihtr of TnJ$te¥ts. Ms K SinGI&F Th$teg THE TADEUSZ BRADECKI FOUNDATION CHARTERED CERTIFIED ACCOUNTANTS. REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE TADEUSZ BRADECKI FOUNDATION FOR THE PERIOD ENDED 31 MARCH 2026 In order lo asslsl you to fulfll youi dulles undgl the Chari1185 Act 2011, we hav8 pr8par8d fo¥ your approval the financlal slalemonts of Thè Tadeusz Bradecki Foundation for the pertod ended 31 March 2026. which comprlse th8 statem8nt of flnanclal aclivilie8 and th8 r8laled notes from the charity's accountlng records and from inlormatlon and &xpIBnalons you have given u8. As a praclislng mgmb8r rim ol the Associatlon of Ch8rtèr8d Cèrtifled Accountants. we are 3ubject lo Its Bthical and other professional requlrements which are detailed at www.accaglobal.¢onVwlebook.html. This report18 mado lo charity'5 trustee8, as a body, in accordancé wtlh Ihe torms ol our engagem9TII letter dated 24 S6pt•mber 2024. Our work ha8 bggn undertaken solely lo prepare for your approval the flnanclal slalemenls of Th8 Tadgusz Brade¢ki Foundation and state those matters Ihal we have agreed lo state lo the charltls trustees, as body. in this r8POrt In acctsrdancg with the r8qulr8m8nts of thè Assoclautsn of Chartered Certified Accountants as dgtslled at W￿.￿Ceagltrba1.coml¢OnlenVd8mlAcCA_G1ob8lrreChnlcal11a¢Utl-audlt-eXOmPr-C0mP￿n1ès-J&n-24.pdl. To the fullest extent permitted by law, w8 do not accept or assume responslblllty to anyone other than The Tadeu8z Bradeckl Foundation and the ch8rity'$ Irusto&s as a body for our work or for Ihls report. It Is your duly io ensurè that The Tadeusz BFadgcki Foundatknn has kept adequats accountlng r$¢()rd8 and to prepare 8tatulory Iln8n¢lal 8tatetr&nt5 that give a true and lair view of th8 assèts, Ilebllllles. financial position and surplus of The Tadeusz 8radeckl Foundation. You consider that Th8 Tad8usz Bradeeki Foundation Is exempl from the slatulory audit requlremenl foi th8 perlod, and Is not required lo obtain an independent examin8rf5 repDrt. We have not be9n Instructed lo carry out an audit or 8 18Vi8w Of lh& Ilnanclal statements of The Tadgusz Bradgcki Foundation. For thls reason, w8 hava not v6rifled the accuracy or complglene88 of Ihp awountlng records or Informatlon and explanations you have glv6n lo us and we do not, Iherefore, express any oplnlon on the statutory financial stat8ments. BK Plus Llmited Chartèr8d CertSfl8d Attountants Alverton Pavilllon Trewlthen Road Panzance Cornwall TR18 4LS 17 July 2026 THE TADEUSZ BRADECKI FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES IINCLUDING INCOMEAND EXPENDITURE ACCOUNTI FOR THE PERIOD ENDED 31 MARCH 2026 Unrestricted funds 2026 Notes Income from.. Donations andlggacies 8,000 Totsl Income 8.000 Expenditure on-. Charitablè activides 7.378 Total expendlture 7,378 Net income and movement In funds 622 Reconcillatlon of funds: Fund balances al 27 February 2025 Fund balances at 31 March 2026 622 The slaloment DY flnanclal activities Inoludes all gains and losses recognised in the perlod. All in¢om8 and expenditure derivo Iiom continuing aclivllles. Thè notes on pages 6 10 10 fomi part of these financial slalements. THE TADEUSZ BRADECKI FOUNDATION BALANCE SHEET AS Ar 31 MARCH 2026 2026 cuN¢nt assets C&sh at bankand In hand Net euimrtt assèts 622 Th¥ fvndg ofthts charlty Lknre$th¢t￿ lunds 10 622 622 The iioles on poge$ 8 10 10 IIKM part olthts$8 stÉtemeNS. rh8 fiftand?1 gl&tementswe¥e aPPToved by the trustees ors... Zoz MÈ K Slndali Trn$le THE TADEUSZ BRADECKI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 Accounting pollcles Charlty Inforniatlon The TadeLJSZ Bradeckl FoundaliDn Is a Charitable Incorporated Organisalion. Registered in England and Wales Number 1212319. The regisleied oftice is.. 6 BENBOW ROAD GROUND FLODR FLAT LONDON W6 OAG 1.1 Reportlng period The accounts cover a perlod ol over 1 year, from the date of reglslralion127 February 20251 lo the accounting reference date of 31 March 2026. 1.2 Ba$1$ of preparatlon The financS8l slalemenls have been prepar8d in a¢Bordance with the ¢harity's governing document, the Charities Act 2011. FRS 102 "The Financial Reporting Stsndaid appllcable in the UK and Republic ol Ireland" and Ihe Charilies SORP 'Accounling and Reporting by Charitie8'. Statement of Recommended Pr3cIIc8 applicable lo charities preparing their accounts ITr aGbordance with thè Financial Reporting Standard applicable ig the UK and Republic of Ireland {FRS 1021" The ctiaity Is 8 Publlc Benefit Enllty as defined by FRS 1 D2. The tharily has taken advantage DI the PTovlslons in the SORP for charities not lo prepare a stat￿8n* ol cash flows. The flnanaal stal8menl$ have departed frDm the Charities IAccounl8 and Reports) Regulations 2008 only to Ihg exlgnl requir8d lo provlde a Iiue and lair view. This deparlure has Involved followlng the Slalemenl of Recotnmonded Pracllce for oharilies applying FRS 102 Izlher than the version of the Slalemenl of Recommended Practice which is referred lo in the Regulations bul whlch has slnce been withdrawn. The Ilnan¢lal statements are prepared in sterling. whl¢h is the lunclional currency of the d)arity. Monetary amounts in these financlal Statements are rounded lo the nearest £. Thè flnancial slalements have boen prepaied under (he hislorlcal cosl convenllon. Thè princlpal accounllng pollcies adopted are sel out below. 1.3 Golng concern At the lime of approving th8 financial slalements, the tFUStees have a reasonable expeclalion that the charily has adequalB resources lo continue in operational existen¢6 for the foreseeable lulure. Thus the trustees conh'nue lo adopt the going Boncern basls of accountSng in preparlng the financial 81alemenls. 1A Charitable funds Unrestricted funds are availab16 for use al the discretion of Ihe Iru5tees In fL*rtheranoe ol Ihelr charitable objeclives. R?slricted funds are subjeel to specific Conditions by donors or granlors as lo how they may be usad. The purpo888 and uses of the re$lrfct8d ILJnds are set out in the notes lo the financial slalèmenls. Endowment funds are subject lo speclfic condS1ions by donors that the capitsl musl be mainlalned by th charity. 1.5 Income In¢ome is recognised when the charfty18 legally entl￿ed lo11 aller any pBrformance condllions have been mel. (he amounts can be mea8ured reliably. and il is probable that income will ￿ re￿ived. THE TADEUSZ BRADECKI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE PERIOD ENDED 31 MARCH 2026 Accountlng policles IContlnLtedl Cash donations are rgeognised on receipt. Olh¢r donallons are recogni88d once the charity has been notSfl8d of the donation. unless perfoimance condilions require deferral of th8 amounl. Income lax recoverable in relation to donations received Ltnder Gift Aid or deeds of covenant is recognised al the lime of the donation. Legacies are recognlsed on recelpl or othenmlse if the chaiily has been nolilied of an impending distribution, the amount is known, and recelpl Is expected. 11 the amount Is not known, the legacy is Irealed as 8 conlingenl ass¢l. 1.6 Expendlture Expendllure is recognlsed once Ih8r6 Is a legal or constructive ob1iga15on lo Ir8nsfer economic benefll ID a third party,11 Is probable that a transfer of economic benefits VAII bo required in settlement, and th8 amount ol the obligallon can L)e measured reliably. Expenditure is classifièd by aclivily. The costs of each a¢tivity ai& made up of the total of dIr￿¢ costs and shared costs, including support costs involved in undÈrt8king each adivity. Dirèct cosls 2tlrlbulabJé tD a single acllvily are allocated diieclly lo that aclivity. Shared costs which contribute to more than one aclvlly and support costs whlGh are not allribLJtable to a single activity are apwrtionad beNvoen those aclivilies on a basis cons151enl with the use of fesources. C8nlral staff costs are allocated on the basis ol Illne spent, and depreclallon chaTges are allocated on the portion of the as8el's use. 1.7 Ca$h and cash equtvalenls Cash and cash equivalonls include cash In hand, deposils held at ¢all wllh banks, other shorl-term liquid investments with origlnal maturilles of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowlngs In current liablllligs. Baslc financial assets Baslc linanclal as5els, whlch indud8 debtors and ￿sh and bank balances, ar8 inllially measured al transaction price Including transaction costs and arè subsequently carried al amortised Gost using the effectiv& interest method unless tho arrangemBnl wnslilules a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market late of inlefesl. Financial assets classified as receivable within one y&ar are not amortlsed. Basic financlal liabllities Baslc financial liabilities, including creditors and bank loans are Initially recognised at Iransa¢tiDn prlce unless the arrangement constitutes 3 financlng Iransacb'on, where the debt instiumenl is measur&d al the present value of the lulure payments dlscounted al a market rale of interest. Financial liabililies classifigd as payablo within oné year ale not amortls8d. Debt instruments are subsequently carried al amortised cost, uslng the effective Interest rale Tnelhtsj, Trade creditors are obllgalions to pay for oood5 or servl¢É8 Ihat have been acqulred In the ordinary course ol op8ratlon8 from suppllers. Amounts payable are classlfied as currenl liabilities If payment Is due within on8 yoar or less. If not, they are pre$6nled as non-currenl liabililles. Trad8 creditors are recognised Snilially at transaction prlce and subsgquenlly measured al amortised cost using the effectlve inl8rasl method. Derecognition or rinanclal liabililies Financial liabllilles are der8cognised whBn the charity's contractual obligallons expSre or are discharg6d or cancell8d. THE TADEUSZ BRADECKI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2026 Accounting policles (Contlnuedl 1.8 Employee benefits Th& cost ol any unused holiday enllllement is iecognlsed in th& perlod in whlch the employee's servlces are receSved. Termination benefits are recognised immediately as an oxpense when the charity Is demonstrably committed lo lermlnale the employment ol an omp5oyee or lo provide tgrminalion benefits. Crltlcal accounting estlrnates and judgements In the appliBallDn of the charlly'5 accounting polSaes, the Iruslèes are r8qulred lo make judgements. estimates and assumptions about the Carrying amount ol assets and Ilabililies that are not readily apparent from other sources, The eslimales and associated assumptions are based on hlstorlcal experience and other factors that are considered lo bo relevant. Actual results may dlffer trom thèse 681imales. The estlm8tes arKI underlying assumpllons are r8viewed on an ongoing basis. Rgvlslons lo aGcounllng estimates &rg recognised in the period in which the estimsle is revlsed where the revision affécls that perlod, or In the period of the rtrvision and future PèTlods wh6r8 the revlsion affects both current and fulufe periods. Income from donatlons and legacles Unrestrieted Unrestricted funds funds 2026 Donations and glfts 8,000 Expendllure on charltablè acllvStles Prlze award Literary festlvals 2026 Total 2026 2026 Dlrect costs Prtzes Prize event costs Lilerary gath$ring costs 749 3.604 749 3,60AI 481 481 4,353 481 4,834 Share of support and governance costs (see note 61 Support 2,544 2,544 6,897 481 7.378 Analysls by fund Unreslricled funds 6,897 481 7,378 THE TADEUSZ BRADECKI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2026 Descriptlon of charitable actlyltles Pii ward A - The award of an arknual priz? lor books first published in Engllsh or Iranslaled Into English from a European language and publlsh&d in the UK OT Europe Lller fesllv B- Othei events suoh as readings and small literary festivals Bradecki ar C- To create an archive whlch relates to Tadeusz 8radeckl's work Support costs allocated to actlvities 2026 Admlnlslration costs Markellng Bank charges f.285 1,225 34 2,544 Analysed between: Prlze award 2,544 All support Costs in tho year relate lo the prize award. Trustees None of the Iruslees lor any per8on8 connected with them) received any remuneration or banefils frotn the charity during the period. Employees The average monthly number of employees during th8 period was.. 2026 Number Total There were no employees whose annual remun8raliDll w28 more than £60,000. Remuneratlon of key manayemènl personnel The r8muneralion of key managgmenl personnel was nil. Taxatlon The chaiily Is exempl from tsxalion on ils activities because all its income is appliod fc>r chaillable purposes. THE TADEUSZ BRADECKI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2026 10 Unrestricted funds The unreslricted lunds of the charity comprisè the unexp8nd6d balance9 of donallons and grants which are not subjocl lo specific Condillons by donors and gTanlors as lo how they may be u8ed. These Includ designated funds whlch have b9en sel aside out ol unrestrfclad funds by the Iruslees for specifi¢ purposes. At27 February 2025 Incoming Resources At 31 March resources expended 2026 General funds 8,000 17,3781 622 11 Related party transactlons Transactions with Telated parties During the period the charfly entered into the following transactions with related parties.. Unrestricted donations from Ms K Sinclair lolalled £8,000 during the period. No Irustees were relmbursed expenses durfng Ihe year. 10.