2025-06-30-accounts

Foothold Supporting engineers +1 &T' Annual report 2024-25 Foothold (The Institution of Engineering and Technology Benevolent Fund) Registered in England. Registratlon no. 00441284. Registered charity no. 208925

CONTENTS The Trustees, Report 04 Welcome from CEO and Chair Financial summary, key policies and principal risks Financial statements We present our report for the year ended 30 June 2025. This report covers a review of achievements and performance. a financial review and plans for future periods, consideration of the principal risks we believe Foothold faces. and the audited financial statements for the year ended 30 June 2025. 46 70 71 Statement of financial activities 06 Demonstrating our commitments Our structure, governance and management 54 72 Balance sheet 73 Statement of cash flows Our year in numbers Summary of our plans for 2025-26 07 60 The Institution of Engineering and Technology Benevolent Fund (otherwise known as Foothold) Is registered charity No. 208925 and company limited by guarantee Incorporated in England and Wales with the registration No. 00441284. It Is managed in accordance with its Memorandum and Articles of Association (amended by Speclal Resolution on 19 May 2010) and under the terms of a new Charity Commission Scheme of 29 January 2010 that established The Speirs Fund {which replaced the Chesters Trust Deed. otherviise known as the Speirs Memorial Trust. subsequently varied by the Charity Commissioners Scheme. dated 15 July1975). Note5 forming part 74 of the financial statements Our reference and administrative details 08 Our purpose and ambition 62 Statement of Trustees, responsibilities 10 Our community 64 12 Our impact 66 Independent auditor's report Our progress towards our 2022-27 strategy 13 Foothold is the working name of Th• Institution of Engineering and Technology Benevolent Fund and is referred to as Foothold within this document unless required to be ststed in full. Throughout this report. lightbulb icons represent our future plans. 2 Foothold Annual Report 202￿25 www.myfoothold.org 3

WELCOME FROM CEO AND CHAIR for the community. Continuing to grow the diversity and volume of oui income stieams remains pivotal lo our approach. and we will be launching our new Fundraising nd Communications strategy in November 2025. those most in need in our community, and expand our health and wellbeing resources to bolster their resilience. Details of our 2025-26 plans can be found on e60of this report. 2024-2025 was the first full year of working within our revised operating model. designed to maximise our impact for our community while maintaining the real value of our investments, as we once again found ourselves living with a backdrop of global conflicts and uncertainty in the financial markets. Whether you gave your tirne to support us, shared your storyi or donated; whether you're a volunteer. donor. supporter or staff member: we would like say thank you on behalf of our engineerin9 community. for helping us to ensure that no engineer or their family has to face life's challenges alone. Our volunteers are also a vital piece in the jigsaw that makes us what we are as a team. We were delighted with the response to our call for volunteer conlenl presenters. who will help us by sharing engaging stories that highlight the support Foothold offers, raise awareness of challenges engineers face, and support our fundraising efforts as our digital health and wellbeing programme expands. During the year there were ch<inges in our Trustee 8oard. Our Chair, Dr Dolores Byrne OBE Bsc MBA PhD CEng HonFIET retired in September 2024 8fter five years in the POSltion, and we would like to offer our sincere gratitude for her leadership during this time. Mr Thomcis Budd Bcomm LLB LLM was appointed as the Chair after serving two years as Vice Chair. maintain a healthy work-life balance and navigate the challenges of long-term health conditions and caring responsibilities. Our approach Wa5 Clted 85 one of the main factors behind the overwhelming response we received lo our advertisements for new posts in the year, which was heartening lo see when so much of the sector is struggling to recruit in the current climate. and guidance around issues facing our neurodivergent community members. We can see the community s appreciation of our health and wellbeing resources by the uptick in Ljsage, views and reposts of our digital health and wellbeing content. especially on some of our new channels such as TikTok. It also motivates our community lo lundraise to help us continue wilh this crucial work. as demonstrated by the Walk to Work Challenge undertaken by MJ QL*inn this year which raised vital funds. Our relationships with our stakeholders both in the wider engineering community and the Institution of Engineering and Technology conlinues to grow, enabling us lo deliver more campaigns designed bolh to increase awareness of our support and fulfill our requirement for income. We also said congratulations, and unfortunately goodbye, to colleagues who were offered promalion5 and moved onlo other organisations. These changes provided us with the opportunity to realign the focus of our teams in response lo the reduction in our donation income and outsource some core functions, such as finance. helping us lo maximise our limited resources. With the tightening of our eligibility criteria, we focu55ed on providing added value for the cofflmunily by extending tools such as the My Money Checker service to everyone applying for our support, even where they didn't meet our eligibility criteria, and increasing the scope of our Advice and Guidance service to members in six countries outside the UK. Expanding the ways in which our community can support us was another key focus for the year and in June we launched our first ever lottery in partnership with 'niiike a smile, lotter . We also undertook the preparatory work for Ihe launch of our partnership with octop.us Le acy in 2025-26. which will bring attention to this irnportant subject as well as highlighting the irnportance of gifts in Wi115 to our ability to provide support for the community. Jane Petit, CEO We are pleased to report that the measures brought in during 2023-24 enabled us to deliver a small budget surplus for Ihis year. Our focus for 2025-26 will continue to be on maintaining the real value of our investment portfolio to ensure Foothold is able to meet its obligations in the future. continue to financially support Our digital health and wellbeing service5 expanded with the introduction of our Mental Health Check-ln tool, which has been well used by the community, and we continued to highlight and provide support The health and wellbeing of our team is of utrnost Importance to us and our approach to remote- based and flexible working continues to be appreciated by our staff team, helping them Thomas Budd, Chair 4 Foothold Annual Report 2024-25 .myfoothold.oig 5 ?

DEMONSTRATING OUR COMMITMENTS OUR YEAR IN NUMBERS £1.2m £." 1,257 spent delivering instances of support We're bold We're encouraging Constantly scanning the horizon for opportunities to develop our approach to grantmaking and Income generatlon, such as the 'make 8 smile, lottery. Making tools such as the InBest Benefrts Calculator and Mental Health Check-ln available to empower our community to find their own solutio in47 countries YOUR FOOTHOLD IS HERE to 1,226 people We're empathetic We're open-minded Actively listenlng to our community. seeking to hear dlrectly from those affected by issues and developing our offer in response. Ensuring Ihat we conslder new approaches. such as the use of Al. that could add value to our work with our comrnunty. £968k 226 108 donations nd legacies new people applied for s people received one or more grants ort We're joined-up We're trusting Ensuring our systems are integrated so the whole team understands our relationshlps with community members and other stakeholders. Continuing our commitment to remote and flexlble ways of working. enabling our teams to focus on delivering OLrtcomes for our community. 2,245 23,002 sign-ups to online support hubs and webinars digital health and wellbeing sessions delivered 6 Foothold Annu81 Report 2024k25 www.myfoothold.org 7

OUR PURPOSE AND AMBITION Our beliefs Our strategic framework Every call for help must be heard The best support empowers Asklng for help takes courage A problem shared Is a problem halved Our strategic objectives We work to achieve our ambltion by: ENABLE our community to participate in a socially inclusive lifestyle by: OUR PURPOSE OUR AMBITION OUR IMPACT We exlst lo ensure that no engineer or their family needs to face Ilfe's challenges alone. To Increase the wellbelng of engineers and their famllies worldwlde. l am supported by and support my wider community of engineers. 1.1 Achleving a household income of75% of MIS level for ellgible communlty members 12 Amplifying volces of organisatlons advocatlng for social change around povety and associated issues PROVIDING financial grants for our community to cover living costs to prevent povety. EMPOWER our community to increase their resillence to life's challenges by: WORKING 2.1 Creating connected communities 12 Developlng digital health and wellbeing offers 2.3 Engaging with new partners to wden our scope 2.4 Creatlng posltlve change by developlng our understanding of equality. diversity. equity and Inclusion issues and how we can address them with our partners to provide advice and guidance for our community. ENABLE EMPOWER SUSTAIN Capacity O Internalprocesses o Stakeholders o Resources OFFERING 2.5Being a barometer for the heafth and wellbeing of our englneering community digital support through webinars. blogs, our app, Wellbeing Hub, Differently Wired Hub and Mental Health Check-ln. SUSTAIN support for and from our community by: .1 Engaging our communty wlth our purpose 2 Developing and implementing a dlgital strategy ENCOURAGING 3.3 Increasing our voluntary income 3.4 Maintaining expenditure within budget 3.SCreating innovatrve models of volunteering the community to feel they can ask for support, and give support in return. ENGAGE CREATE INNOVATE Foothold Annu81 Report 202￿25 www.myfoothold.org

OUR COMMUNITY Employment status Carer 12% Cannol work due to disability 11 5% Cannot work due to ill health Employed 30% Self-employed Wl 6% Full-time student Foothold's wider community includes current and former IET members. their families. and engineers around the world who need care and disability support. Right now. about 7,000 engineers and their families engage with Foothold, sharing our news and supporting us by giving their time and resources. 15.9% (566 people declared disability 15% Retlred • 9% Unemployed 23% Other 113% Location Disability Aulolmmune dlsease 0.6% Cancer 0.6% Chronic pain 109 countrhs Deaf or hearing impaiment 0.7% Mental illness Gender Motor neurone dlsease 0.2% Female Ilncluding transgender women) Male (including transgender men) Non-blnary Prefer not to say Prefer to self-describe Muhlple sclerosls 0.1% 19% Neurodivergent 5% Physical impairment 5% 0.5% Severe disfigurement 0.06% Vlsual Impalrment 0.4% 1.2% Prefer to self4escribe Ethnicity Age range <26 •16.5% 26-35 ￿ 15.9% 36-45 ￿ 14.2% 46-55 ￿ 16.9% 56-65 19.5% 66_75 ￿ 13.2% 76-85 ￿ 10%

85 13.8% IET connection Aslan or Asian Brltish backgrounds 13.V Black or Black British backgrounds 27.5% Mixed ethnic backgrounds 4.6% White backgrounds 46.1% Any other ethnic background 4.3% 68% 8° 18°A 8% Prefer not to say 3.6% IET member, lapsed member orfamI￿ member IET student member. lapsed or famity member Links to engineering No links to engineering 10 Foothold Annual Report 2024-25 YwM.myfoothold.org 11

OUR IMPACT OUR PROGRESS TOWARDS OUR 2022-27 STRATEGY SUPPORTING .>> 1,226 PEOPLE 139 178 94 grants for direct financial support My Money Checkers advice and guidance letters 2,142 54 49 webinar sign-ups Differently Wired Hub sign-ups Wellbeing Hub sign-ups AS WELL AS DELIVERING 23,002 OPEN-ACCESS DIGITAL HEALTH AND WELLBEING SESSIONS 138 6,951 app downloads Sleepstation registrations 'How can we help you, sessions .>> 7,379 4,022 blog views YouTube views 12 Foothold Annu81 Report 202￿25 4w.myfoothold.org 13

ENABLE our community to participate in a socially inclusive lifestyle by: Our financial grants provide regular support with the costs of living. as well as one-off awards for counselling. household goods and costs related to disability assessments, equipment and adaptations. Our grants support a wide range of households in the UK and abroad, with 41% of our financial grants going to community members under the age of 35 and 44% providing support for community members with a disability. 1.1 Achieving a household income of 75/ of the headline minimum income standard for eligible community members MY MONEY CHECKER AND ADVICE AND GUIDANCE SERVICES £423,613 ;,';'; With the lightening of our eligibility criteria and financial support thresholds, we wanted to provide what support we could - even where we were not able to provide a grant. So. we expanded our My Money Checker service to anyone applying for financial support. We also broadened the scope of our advice and guidance to community members in countries outside of the UK. •178 MY MONEY CHECKER LETTERS SENT TO 122 PEOPLE ADVICE AND GUIDANCE LETTERS SENT £392,547 £22,081 £10,185 in regular grants in one-off grants for mental health, disability support & medical costs in one-off grants for cost of living support Thfough the research carried out by the Grants team. the My Money Checker and advice and guidance service was expanded to cover the six countries frorn which we received Ihc most applications, and where there was information available on stale or charitable support using online information or information from community members living in those countries. O In 2025-26 we will begin real-tlme monltorlng of the Impact of our grants. O Our communlty members told us that our application forms can be difficult to complete. so for 2025-6 we will be introducing a simpler. onfrstep application for all our support. between the ages of ° a 18-94 in17 countries 66 103 people 19 Thank you for the My Money Checker letter. l￿ft had a look through it and thère wefè a couplè of thlng$ I didn't already know abouL so I'm going to have a closer look at those in the coming day&" o In 2025-26 we will research a further six countries to inc5ude in our advice and guidance Services, including the USA and Greece. 66 received regular payments to help with the costs of living of these people also received a one-off payment people only received a one-off payment So f4r I have reached out to our l¢)cal council to reduce council tax and am in the process of reduclng my mortgage.- 14 Foothold Annual Report 2024k25 www.myfoothold.org 15

IMPACTFUL GRANT OF THE YEAR AWARD 2024 IMPACTFUL GRANT OF THE YEAR 2024 ADAM'S STORY Engineering Neurodiverse Futures programme We were delighted lo be worded 'lmpactful Grant of the Year 2024. at the Association of Charitable Organisalions Awards. 66 ACO In these worrying times we're all facing, it's easy to become consumed by anxiety, but Foothold gave me light and I'm so very grateful for that." Adam Payne Tho award rocognisod the impact our Engineerin9 Neurodiverse Futures programme is having on the lives of neurodivergent engineering students and apprentice5. I'm Adam. an electrlcal engineer from Mid Wales. I've always had an eye for electrical engineering and have been fascinated by this area for as long as I can remember. So, after finishing school in the eighties. I couldn't wait lo become an apprentlce electrician. Research shows a greciler incidence of neurodivergence in engineers, with around 820,000 neurodivergent engineers working in the UK alone. support. This was a huge rellef because as the money came in, my financial worries instsntly eased. Knowlng the Foothold comrnunity had my back was so reassuring. Now, l am In a more secure place. no longer in need of Foothold's financlal support. I'm continulng my courses. educaling myself on mindfLtlness and assertiveness, and volunteering at a repair cafe. Myjourney's shown that perseverance and self-care are key to regaining my identity and ovefcoming challenges. Recognising these challenges, we sel about changing the slalus quo for tomorrow's engineering talent, by launching our Engineering Neurodiverse Futures IENFI programme. At the time of the award. I still had my other issues to contend with. but now I could focus on working through them viithout worrying about how I was going to pay my bllls or feed myself. Despite the strengths that being neurodivergent can bring, many aspiring engineers may never achieve their dream of building a career in the sector. This is largely due to higher-than- avercige dropout rates among students with neurodivergent atlribules. 12 students had been through the programme. receiving more than The programme provides personalised support for engineering students and apprentices, including access to tailored funding. resources and opportunitios lo help Ihem thrive in their studies and build a rewarding career In the industry. £18,000 in grants. My unprocessed childhood trauma led me to retreat from social situations and eventually I left my course. This led to a downward spiral of anxiety and depression. affecling my Income and sense of Identity- I was grateful to Foothold's befriending service during the Covid-19 lockdown as the Isolation at this time brought additlonal challenges. Thls really was a lifeline to me during a very lonely time. reported increased O day-lo-day wellbeing These dropoul rates stem from the challenges neurodivergent people face ir) getting support. Access to support often depends on getting a diagnosis, which can be diff icult due to costs, long waiting limes, and fear of discrimination. In these worrying tlmes we're all facing, it's easy lo become consumed by anxiety, but Foothold gave me light and I'm so very grateful for that. 80% felt more included in the engineering community Just as the strain of ry financial situation was becoming desperate. I was referred to Fooihold by the I was able to chat to a peer about both engineering and personal things - we got on like a house on fire and I was SO thankful for the company. The ENF programme continues to expand and develop. and we're committed lo ensuring our support remains responsive to the needs of aspiring engineers. 66 If you're going through a difficult time. dori't he51tate to get in touch with Foothold as they might be able to help you rebuild your life too, one step at a time. Foothold's support has been a blg mllestone for me. I know it will charrye my lrfe tor the better.- ENF student My caseworker reviewed my circumstances. and I began receiving regular financial 16 Foothold Annual Report 2024-25 www.myloothold.org 17

PAULINE & TRISTAN'S STORY 66 66 Foothold have been a godsend to Tristan and our family. The grey clouds are still around us, but Foothold have been a constant ray of sunshine in the darkness, reaching out to us and giving us some hope. I hate to think about where we'd be without them." There has been a ray of hope throughout all this. I've never been one to ask for help, even when things are really tough. But I knew we couldn't keep on providing for all of Tristan's care needs on our own." Pauline HI. I'm Pauline. and I'm a full- time carer lor my adull son Tristan. disorder with nausea & vomiting, ongoing daily pain. a dysfunctional bladder. hyperhidrosis. respiratory issues and several other issues. He seldom complains. even when in great pain or discomfort. Tristan was 14 when he first got sick. He h85 very high care needs. so I gave up my full-time job lo care for him. Whilst this allowed me to ensure he was getting the best support we could give him. things haven't always been easy. But I soon realised there was nothing that I would rather do. than care for him. After a few years of me no longer working. our saving5 ran dry. It got to the point where we simply couldn't afford all his care needs. We even had to choose between getting him new blood pressure monitor when his first one broke. or keeping up with his prescribed daily vitamin & electrolyte wateTS. To have to make that kind of choice as a parent is heartbreaking. As you can probably imagine, living with these various illnesses has pul a huge strain on his mental health too. 8eing told by doctors & specialisls that there is no cure is a hard reality to face. He requires a constant monitor for his blood pressure, as this can often fluctuate wildly. Sometimes. even just getting out of a chair cau5e5 him to feel faint and pass out without warning. He also mlssed a lot of school. but we were supported. did work al home with him and he managed to pass his exams. Words can't describe the pain we went through when we were given that devastating diagnosis. this vital equlpment. Even this single act of kindness meant we no longer had to choose which support we could afford to give him. If you ever find yourself in a similar sitLtation, where you can't afford the things you or your family desperately need, don't walt - contact Foothold as soon as you can. We have chosen to live one day at a time and Tristan always says that he is grateful for each day. Life needs to be accepted as a gift and he tfies very hard to show kindness to each person he meets. But their help didn'l stop there. They've also supported us with a monthly grant. so we can continue giving Tristan the care he needs. They can give you stability and support. and not just in the moment. No matter the support you get, it makes a huge difference. They have changed Tristan's life as well as my own they may be able to do the same for you. In the first few year5 we often felt that. as a family, we were just surviving rather than living. especially during the years of exploring options. Then we heard something that no parent ever wants to hear. Medical professionals told us Tristan's life expectancy was around 30. He was already in his early 20s and we were devastated. He's 29 now, and some statistics suggest his life expectancy is somewhere between his 305 and late 40s. This regular payment to Tristan makes the world of difference to not only his life. but to mine as well. There has been a ray of hope throughout all this. I've never been one to ask for help. even when things are really tough. But I knew we couldn't keep on providing for all of Tristan's cafe needs on our own. Tristan suffers from EhleTs Danlos Syndrome, hypertension, POTS (postural orthostatic tachycardia syndrome). cardiac dysautonomia. ME Imyalglc encephalomyelitisl. hypermobility. gastrointestinal Foothold have been a godsend to us and helped give Trislan a bit of freedom back in his life. It feels like we are actually living not Just surviving day by day. Now, 15 year5 after Tristan first falling ill, we have adjusted our live5 well. Keeping him Safe and free from illnesses and viruses has become our top priority. especially since Covid. Foothold offered to first fund a new blood pressure monitor. so Tristan wasn't going without 18 Foothold Annual Report 202￿25 ww.myfoothold.org 19

EMPOWER our community to increase their resilience to life's challenges by: 1.2 Amplifying voices of organisations advocating for social change around poverty and associated issues, such as housing 2.2 Developing digital health and wellbeing offers By developing relationships with arganisations lobbying for social change. we can increase their reach by introducing their work lo our community. and in turn gain expert knowledge in areas significant lo our strategic developrnent. OUR WEBINAR PROGRAMME WINTER WARMTH NETWORK px We're pleased to have continued to build on the enormous growth of our free monthly webinar programme for the engineering community. Coth Wc were really privileged to be signèlories to the Wiiiter Wiirmth Network, a campaign supporting vulnerable individuals and families lo find holistic financial support. spearheaded by htnin Reach. Organisations such as Lightning Reach and Gin erbread reported that families with children and especially single parents were struggling the most with the costs of energy. Our webinar programme delivers insightful and actionable information and advice across a wide variety of wellbeing and financlal toplcs. In 202&￿25. we delivered webinars on toplcs Includlng mlndfulness. creatlng an effectlve work-life balance. embracing neurodiversity. and the importance of estate planning. We've started to explore what makes a webinar success. and what the success of the programme will look like going forwards. Ilie associatlon ul charitable organisation5 We're now keenly looking at In.webinar engagement, the number of community members who return for future weblnars, and experimenting wlth new topics - nol lust ones that wlll guarantee high sSgn-up rates - so that we can continue to offer holistic support for our community. Group5 such a5 the elderly. people with a disability and those with caring responsibilities were also encountering difficulties. JRF In 2024-25, 72% of our enquires were for financial support, with many engineers descri bing their struggles to meet their daily household bills. Having signiflcantly grown the popularity of the webinar programme since October 2023, we re excited to have begun to move the webinar programme Into a new phase of growth. JOSEPH ROWNTREE FOUNDATION By signing up to the campaign, we were able to link our community members to more than 2,500 support schemes covering energy and home essentials. as well as a wide range of other support. Thi5 15 a shift that began in 2024-25, and will be developed in the next financial year. This year, for example, we hosted a webinar on a topic we've never covered before.. gut health. This topic was highly requested following a community survey. There was gieat engagement during the live evenl. with numerous questions in the webinar chaL 66 2,142 +15% WEBINAR SIGN-UPS IN 2024-25 NEURODIVERSITY I've been struggling with my finances and especially struggling to pay my energy bill. In October it was nearty £900." Foothold community INCREASE IN SIGN-UPS OVER 2023-24 Thi5 year we also hosted our most popular webinar yet, with 325 people signing up to 'Future Finances.. The Importance of Estate Planning and Making a Will., 325 SIGN-UPS TO MOST POPULAR WEBINAR 20 Foothold Annual Report 2024-25 www.myfoothold.org 21

MENTAL HEALTH CHECK-IN The webinar was really insightful and informative. tt gave me some ideas that I probably wouldn't have thought of myself had it not been for attending, and was presented really well. There were some great questions throughout. Everyone was really engaged." Thanks for teaching me some fantastic techniques which I definitely will try for my anxiety and stress." In September 2024. we launched Mental Health Check-ln. Developed in collaboration with mental health experts htste s. this clinically validated tool gives engineers and their families access to personalised mental health support. Christopher Moore. attended 'Good Gut Health, Roya Ershadi, attended 'In Practice= Mindfulness. Visualisation and Meditation. The tool was used 325 times in 2024-25 I found the session very Informatlve and It gave me some useful strategies I can follow to remain healthy as l age." I was surprised to learn just how much poor nutrition and physical problems can affect mental health. The weblnar content was laid out In a clear and easy-tt> understand way and was well presented." Free There were 113 uses in the launch month Quick to use Clifford Penton, attended 'Healthy Ageing. / Confidential Richard Bismark. attended 'Men's Mental Health. Available 24n At first. the age group with the most users was age 56-65 {22%), and 64% of users were male It was a great experlence. I will try to get up and start running more." Very well constructed and professlonally presented weblnar." Jeffrey Akhidenor, attended '8oost your Fitness. Eric Earnshaw. attended 'Boost your Energy.. We'll start with queslions around wory and anxiety. In June 2025, having expanded our reach onto TikTok, we saw a big uptick in uses, with 53 uses in June alone. It's fantastic to see new topics resonating with attendees. and we have started to receive direct emails from returning webinar attendees confirming their attendance, or sharing thelr thoughts after the event. It has become clear that we're bullding a community. familiar names greet and share their thoughts in the chat. and we have many regular attendees. we now have a more comprehenslve overvlew ol what's going on with webinar ttendance than ever before. Over the last two weeks. how often have you been bothered by... We're looking forward to building on the growth of our webinar programme in the coming year. We will be encouraging conversations. continuing to ask our community member5 what topics are of interest to them, and experimenting wtlh new content 1.Feeling neNous. anxious or on edge We now have access to more information on the demographlcs of those who slgn up. Including the proportion of retLtrners and newcomers for each webinar. and how they've rated both the webinar content nd speaker. At the same time, the demographic tipped towards young women. with 57% of users being female, and 68°A age 25 or under. Of coutse, this sense of cornmunity is more challenging to report on than sign-up numbers. but following data management work this year. 22 Foothold Annual Report 2024-25 www.myfoothold.org 23

2.3 Engaging With new partners to widen the scope of our offers Working with our partners. we were able to provide 94 community members with advice, guidance and signposting to other organisations such as occupational benevolent funds who may be able to offer support. We continued to develop our relatlonship wlth InBest. whose mission is to improve people's financial resilience by helping them access the benefits they are entltled to in the UK. Their quick slx- question form is embedded into our webslte and provides an estimate of the benefits someone could receive if they are based in the UK. New for thls year, the form Is avallable In 249 languages. Mentsl Health Check-ln Is the latest addition to our growSng bank of onllne support resources and Is designed to empower people in the englneerlng community to better understand how they feel and take control of their mental wellbeing. answers. alongslde expert tailored Tecommendations and advice on where they can access relevant support. They can also download a copy of thelr report for future reference. or lo use as a starting point for dlscusslons with their GP. Howevei. as Foothold expanded its social media content output throughout the later part of the financlal year. we were excited to begin to reach a new audience of young fernale engineers. Inbest q advkeFINDER AdviceFlnder is a national diiectory of contact details and seNlee information for organisations that provide advice and support on wide range of topics including social welfare issues such as debt, houslng, consumer issues and more. In June 2025 we saw huge change in the demographics of communty members uslng the tool. Much unlike the preceding months. in June most users 157%) were women. with of all users being aged 25 or under. As well as being free to use. Mental Health Check-ln Is quick. completely confidential. and avallable to use 24n. y glving engineers and thelr famlly members access to a quick and easy-t¢>use tool to understand and Improve their mental health. we aim to empower even more people in our community to live well and thrive. Ste6hange We directly referred 5 community members to Stepchange, the UK'S most comprehensive free debt advice service. As well as providlng advice. they help set up debt solutlons and offer continulng support. The tool works by asking users a serie5 of questions from the clinically validated GAD-7 and PHQ-9 questionnaires used by heallhcare professionals. Users are Invlted to consider their experience of woiry. anxiety and low mood, and are given a personal mental heatth score based on their We were able to refef 5 community members to SheHer's Helpllne Plus which provides specialist telephone casework around complex housing issues. This is offered directly to the client, or by co-working with non-hou5ing Professionals to manage cases with complex housing, debt and welfare benefit issues. or where client5 have higher support needs. We discovered this new audience reflects the demographic viewing our recent content on TikTok. Usage of Mental Health Check-ln has since soared. and we look forward to supporting many more communty members in the next year. SHELTER In 2024-25, the tool was used 325 time5 by our communlty members. 64% of users were male. with the majorty in 56-65 years age bracket. All our community members have access to a free sleep assessment through Sleepstation. We referred 2 community members for a course of cognitive behavioural therapy, providing more tailored sleep support. Sleepstatfion 24 Foothold Annual Report 202<k25 ¥ww.myloothold.org 25

TAKING CONTROL OF HIS STUDIES THROUGH FOOTHOLD'S ENGINEERING NEURODIVERSE FUTURES PROGRAMME 2.4 Creating positive change by developing our uT)derstanding of the equality, diversity, equity and inclusion issues affecting our community and how we can address them DONAT'S STORY I noticed they have a support programme specificalty aimed at engineering students. offering the opportunity to access a funded diagnosis of a neurodivergent condition. It sounded like a really good opportunity. especlally as Foothold also provides additional financial. counselling and career support if you're found to be neurodivergent. The next stage was to access the diagnosis itself. Foothold gave me some suggestions of providers both near to my university In Leeds. and also back home in Cambridge, so It was nlce to have some say over where I would take the sesslons. However. after looking into the various options. I decided to go down the online route instead as this felt most comfortable for me. 66 Before l accessed Foothold's support I felt like I was running out of options, like everything was outside of my control. But my diagnosis has helped me to learn more about myself, and has enabled me to approach my studies and career in a better way. Donat In 2024-25 we: It's irnpacled all aspects of my life. and helped me understand and embrace the behaviours I exhibit. It's Ilke the window has finally been flung wide open. allowing me to break free from the vicious cycle of continuous slruggle and escape into a world of possibility. o Embedded learning for our 2022-24 action plan. Even though my younger slster had been diagnosed with autism. I never seriously considered that I could be neurodivergent too. I thought I was making excuses for myself. and just needed to try a different study method. Plus, the long waiting lists and cost of a private diagnosis had made me think.. Yhis isn't the right ts'me. and it's not for me.. o Increased our understanding of who and where our community are through our triennial survey (see 2.51. o Continued developing our datobase of soc181 support available in countries where our community live to provide more equitable support and advice. At the end of the assessment. it was confirmed that I have ADHD. I'm wailing on an officlal letter of diagnosis to be sent through by the assessor. and I've also been prescribed some medication which Is currently being sorted out. I don't know what I would have done without Foothold's support. All I do know is I would have flown under the radar. continuously slumbling from sludy method to study method and achieving less than I'm capable of. O Used lived experiences lo raise awareness about opportunities <ind chollenges faced by our neurodiverse community members. staff and volunteers. Hi. I'm Donat and I sludied an electrical and electronics engineering course at Leeds University. I've always loved learning, and have high expectations of myself. But not long into my 5tudie5, 1 noticed that I was starting to struggle. But the email gave me the push I needed to take action. I decided I had nothing to lose. and even if I discovered I wasn't neurodrvergent it would mean I could eliminate this as a possible cause, and focus on other potential factors. Unfortunately, I mi55ed the wlndow to get on my university's exam concesslons list. I wish I'd done the assessment earlier to avold thls, but Ihe process also took longer than I thought it would. However. I can apply for mitigating circumstances. which I couldn't before. It's even lit up a fresh spark for learning in me too, and I'm now interested in discovering more about myself and others. and maybe even pursuing a career in bioenglneering. as this feels more natural to me. In 2025-26 we wlll ￿. Collectlng data from our community members lo better understand the needs ofthose with caring responsibilities. At first. I kept thinking that l just needed to work harder. But as time went on. the problem seemed to spiral. I was getting increasingly frustrated. as I knew I was capable and I wanled to do well. But there was a blocker in my path that I couldn identify. The first step towards being accepted for Foothold's programme was to complete an online screening tool. I was sceptical at first, but the pre- assessment showed that I met the threshold for a formal diagnosis. so I stsrted to think I maybe did have ADHD. Now that I've expeTienced first- hand the benefits of accesslng support and getting a diagnosls, I'm thinking of volunteering for Foothold too. to give back. O Implementing the outcomes of our accessibility audit on our website. But the biggest benefit to me is that I can now access Foothold's additional support for the remainder of my studies. Then, in December 2022.1 received an email from my unNersty about Foothold's neurodiversty SLFPPO 26 Foothold A ￿nual Report 2024-25 ww.myfoothold.oYg 27

HEALTH & WELLBEING SURVEY 2025 How our community rates their wellbeing in 2025 Financial wellbeing 2.5 Being a barometer for the health and wellbeing of our engineering community Health Respondent profile Ages 16-85+ Quality of life 0% 20% 40% 60% 80% 100% 85% men ery poor Poor Neither poor nor good Good Very good In Aprll 2025. 7%14591 of our community responded to our yearly health and wellbeing survey. Respondents answered questions about their quality of life, wellbeing and financial situation. The result5 will shape the support we provide our community golng forward. Living in 37 countries across 6 continents Over 50% own their home with no mortgage 1.2 are couples with no dependent children Financial wellbeing How thls data Informs our plans for 2025-26 30% 22% We changed the format for thls year's survey uslng the WHOQOL-BREF questlonnaire. This is a self-reported questionnaife which assesses 4 domains of quality of life: 21% are from non-white backgrounds ol ouf community are are only just getting by experiencing poor financial wellbeing. from payday to payday. We wlll continue to work towards achieving an income of 75% MIS for eligible community members. 94% are past or present IET members and their families 15% are not confident they could find money foi an emergency such as a roof repair or broken boiler. 32% ol households have Incomes below the Joseph Rowntree Foundation's MIS. 1. Physical health 2. Psychological hearth 3. Social relationships 4. Environment The changes to the questionnaire have enabled us to gain a deeper understanding of our communty'5 needs. However, we were still able to draw comparisons from OUT 2022 and 2025 suryeys and noted some changes. Health We wlll continue to focus on neurodlverslty and developing new models of grant Ivlng for community members with a disability. 32/ of our community told us they have a disability. 48% reported being satisfied or very salisfted with their health. In addition, there are 2 items that measure overall quality of life and general health. O have physical pain that stops them doing what they need to. 71/ The queslionnaire has been validaled for use in a variety of cultural groups and a variety of locatlons. Demographic comparison The 2025 responses showed: require medical treatment to function in their daily lives. Broader dlversty To help us understand more about the financial 51tuation of oui community we also included specific questions on financial wellbeing. o Slightty younger age range Quality of life We wlll continue to promote our Mental Health Check-ln tool and develop our peef support groups. Increase in responses from women 112%. up 7% from 2022) O told us they have a poor or very poor quality of life. Over said they d had negative feelings quite often or constantly over the last two weeks. 40/ Increase in responses from non-white ethnic groups Full details of the survey results can be found at oothold.or Only reported Ihey were satisfied or very satisfied with their social relationships. 32% This was most common in engineers under 65 years old. o Slightly wider geographical reach 28 Foothold Annual Report 2024-25 www.myloothold.org 29

SUSTAIN support for and from our community by: Foothold's individual giving data published on 360Giving 3.1 Engaging our community with our purpose Foothold 1.3k £3.2m Da r•nq• 12nQ015 • ￿￿02$ Grants Arnount awarded OPEN SOURCE PUBLICATION OF OUR GRANT-GIVING DATA A¥Anl D•. Numb•r at 9rnnts fjram PYogrwnrn• IIU•. Numb•r ol Branty Fw4 1 2024 ar•nts by Ind•x ol mulllpl• d•prt¥¥llon IbaJ•d fanll- 1jmb•r￿ grnnts GrnntAmourt. Numb•r o19rants In 2022 we joined a project steerlng group chaired by the Association of Charitable Organlsatlons IACOI, the umbrella body for organlsatlons providing grants to individuals, looklng at the posslbllity of publishing individual grant giving data through the 360Giving platform using the 360Giving Data Standard. In 2019, the 360Giving Data Standard was approved as the UK government open dat standard for the publlcation of government grants. f5141ty) 10142fy) f l.QD14Z.I)OQ The steering group developed the templates for Individual grants data and approval was given by the 360Giving Data Standard Stewardship Committee to incorporate these Into the standard. We expressed our desire to publish data on our International grants and thls Is on the workplan for 360Giving going lo￿ard. Currently our international grants are noted as 'unknovm location.. t2.￿145.1) We were also proud to be part of the 360Giving 10" anniversary celebrations In Juty 2025. contributing to the wlder benefrt of UK grantmaking comrnunity. ar•nt A￿1•n. Ilumb•r afqnnts Qrnnt Num1￿1 ol gr¥nts 360Glvlng was founded In 2015 to support funders to publish their data using the 360Giving Data Standard. helping them to share information on who, where and what they fund. 360Giving also provides lools, training and support for people to access and use this data to improve charitable giving, furthering their vision for grantmaking In the UK to become more informed. effective and strategic. An additional benefrt of being part of 360Giving is that there is emerging evidence that it's being used by funders to search for organisations to Include in 'by invstation onl funding rounds. wthich may prove beneficial to Foothold in future years. In January 2022 we moved the administration of our grantmaking processes to Beacon CRM. This move provided the functionality for our Data Manager to be able to work with the 360Giving team and our first data set Was published in March 2025. 1X The standard allows open data to be useful to a broad audience as it can be easlly looked at and analysed with dats from other organisations. insi hts.thr@esi ivin 13601individvals select'Funder view, and choose Foothold from the dropdown menu .or 30 Foothold Annual Report 2024-25 www.myfoolhold.org 31

ENGAGING WITH THE WIDER ENGINEERING COMMUNITY THROUGH NEW RELATIONSHIPS 3.2 Developing and implementing a digital strategy As with many other charities. Covid-19 accelerated our plans to move to a digital first strategy as we found ourselves working remotely with only a short period of preparation. Although we adapted to the new world quite quickly, we did so in a piecemeal fashion with the teams utilising what they were familiar with or following recommendations from other colleagues in the sector. ENGINEER Eng n*ring Our digital health and wellbeing resources are free to everyone in the engineering sector, not just IET members. As those resources aim to build the resilience of engineers, It has become Increasingly important to raise awareness and engage engineers through a broader range of communlcation channels, proactively taklng our messaging to them rather than waiting for them to be referred to us when they are already struggling. We have kindly been offered space in The Engineer magazine on more than one occasion. where we promoted resources such as our new Mental Health Check-ln tool. Towards the end of the year. we also agreed to test a 12- month partnership with Electrical Engineerlng magazlne across both thelr digital and print editions to bring our messaglng to a new audience. also supported our objective to maintain our expenditure with our budget. To reflect that. we have made it our intention to amplify reputable third-party information on our social platforms. often when it coincides with key awareness campaigns of our own. Our relationship with the IET'S markeling and communications team has also strengthened over the year and we have each amplified each others. content on our own channels on a number of occasions. Movlng to our own Microsoft tenancy in 2022 and integrating Beacon CRM in our operations meant that all our electronic records became centralised, and it became apparent how disparate some of our systems had become. We used our in-person team day as an opportunity to debate our answers and agree our assessment of our currenl Posltion and where we would like to be as an organisation in two years. Following this. we used the NCVO'S free Digital Maturity Matrix tool to assess our strengths and weaknesses and help us to see what we need to do next to improve. We assessed ourselves as achieving SO% of the potential score, with an ambition to move that to 79% in the coming year with mprovements across all eight domains. It has also been important for us to recognise that we don't operate in a vacuum. There are many subject-matter experts who produce information that is valuable and interesting to the Foothold community. So, in 2024-25, we took the first step towards developing a digital strategy.. discovery. Our Head of Business and Volunteering oversaw a mapping exercise of our digital footprint across all our teams which proved a great point for discussion and began a rationalisation of the tools we use, which Our team members completed the eight groups of statements about best practices in each area of digital maturity. ranking them as= Building long-term relationships with third paty communications outlets, whilst also embracing the new social media channels where engineers may be engaging, have become part of our focus over the year. not started. some activity, some success, or highly effective. 32 Foothold Annual Report 2024-25 www.myfoolhold.org 33

Foothold's digital maturity matrix ENGAGING WITH NEW PLATFORMS To ensure we proactively reach as many engineers as possible, rather than passively waiting for them to find us, we expanded OUT social media presence beyond our existing channels.. Facebook, Linkedln. YouTube and X. strategy Secunty aThJ The social media landscape is constantly evolving. with existing platforms introducing new features and emerging competitors taking market share from the established ones. After considering the type of content and the profile of the communities on various platforms, we decided to test content on TlkTok, Reddlt, and Bluesky. * 15 Remaining flexible in our approach to social media communications can help us raise awareness of the support we provide to people who may genuinely benefit from it. Our new short format vldeo content allgned partlcularly well with TlkTok and helped dellver Increased visibility. attracting users with a clear Interest In engineering. Reddil and Blues offered us a different opportunlty. both belng more conversational plarforms. to start engaging wlth clearly defined communitles that are harder to target through traditional outreach methods. Data aThJ carnpawjns NEW APPROACH TO VIDEO Secw m&xinNMn s¢rye O WTr•e are rw? ( J to be? Our focus remains on creating contenl that Is Informative. accessible. and engaging. By adjusting our video strategy and exploring new digital plattorms, we have positioned ourselves to better serve both existing supporters and new audiences. W• curr•nty Kor• We plan to score L•adershlp and strat•gy 11121 78121 Expertise and capacty 8118 14118 Il Over the past year, we revlsed our vldeo content strategy to balance long-form and short-form fomiats. While In-depth InteNiews contlnued to serve our established audience. we observed higher rate of engagement and follow-through from shorter videos, typically around one minute in length. These bite-sized videos attracted new viewer5 and increased click-throughs to our webpages, indicating their effectiveness in reaching fresh audiences. Te¢hnol¢gy 12124 15124 In 2025-26 we will devise and Implement an action plan to develop our digitsl maturity across all of our acttwties. S•rvlce d•slgn 10124 17124 Foothol,. Content 16130 27130 C¢mmunication$ and campalgns Data and insight Security and data protection ".WHAT ARE. BLUE ZONES? Keep your mental health in check 14121 20121 12124 22124 12127 16127 Mental HeaLth Chock.In We also began producing 'explainer' videos about the different types of support we provide. and how to access them. to help make our support more accessible. 34 Foothold Annual Report 2024-25 www.myfoothold.oig 35

• FINALIST 2025 108 IIIT FELT LI A MORAL FAILING." 3.3 Increasing our voluntary income •rwJln••r Mlkne Sanchez for #ADHDAw,?rpnegsMo Our fundraising £968,363 ;: £29,913 GIFT AID SMILEY CHARITY FILM AWARDS by 2,336 individual donors across 22 countries our long-formèt ADHD awareness interview with neurodivergent engineer Mikaela Sanchez was a key example of impactful content. positioned our work as credible, Creative, and capable of reaching professional standards recognised by the wider charity and communications industry. The interview was an open and honest account of the impact of ADHD on Mikaela's studies and fledgling career. Our entry was shortlisted in the long-form, £SOOk- £5m turnover category and then selected as a finalist in the category, with an awards evening taking place at the Indigo venue al the 02 in London. 1,415 328 annual givers monthly givers It was also our first entry into the Smiley Charity Film Awards. The nomination provided an opportunity to showcase Foothold's storytelling credentials and see how other charities were using Storytelling in support of their cause. 11 While we didn't win, being confirmed as a finalist was a credit to both Mikaela's story and the 66 people in challenge events corporate collaborations -CHARITY FILM grants from trusts and foundations WE'RE FINALISTS 10 legacy gifts crJAWARDS. 36 Foothold Annual Report 2024-25 www.myfoolhold.org 37

FUNDRAISING STORIES 131 miles walked £5,000 Over raised Support from corporates We are grateful for the continued support of MJ Quinn and Matchtech. in both their fundraising efforts and their engagement with our resources. We look forward to building more collaborations and relationships with companies in the coming year. MJ Quinn mJ(l￿n I n Mental Health Awareness Week 2025, two members of staff at en9ineering company MJ Quinn took on a S-day Walk to Work challenge in support of Foothold. Jono and Kev travelled from their hometown of Leicester to MJ Quinn's Head Office in Knowsley, Liverpool to help raise awareness and open conver5ation5 around mental wellbeing and connection. Jono, Senior Operations Manager at MJ Quinn said about the challenge.. Jono and Kev welcomed staff to join them along the way and share any challenges they may be facing. or to simply Join for the fresh air. exercise and good company. 'Mental ill health is a silent epidemic, claiming the lives of too many men under the age of SO. This demographic represents a significant portion of our workforce, and in recent years, we have faced the heartbreaking loss of five colleagues who suffered in silence. In an effort to raise awareness and foster open conversations about mental health, we shall be to walking 130 miles to work over five days." Each day they uploaded a video diary documenting their travels. It was wonderful to follow their journey and get a glimpse into the scenic rovte they took. Their efforts didn't go unnoticed the BBC picked up their story and f eatured it in the news. Together they raised over £5,000 for Foothold. At MJ Quinn, we believe that supporting our people goes beyond the workplace. Partnering with Foothold allows us to offer meaningful support to those facing personal challenges. helping them access the resources they need to thrtve. It's a prlvllege to stand alongside a charity that shares our values of care, resilien¢e. and Community." The pair aimed to create a space for staff to come together, have open conversations and support one another, reminding each other that there 15 always someone to talk to. A huge thank you to Jono and Kev and the whole team at MJ Quinn for taking on this challenge. Kate. Operations Director- Service Delivery. MJ Quinn 38 Foothold Annual Report 2024-25

Support from individuals Trusts and foundations Our fundraising practices Registered with FR FUNDRAISING REGULATOR Donations Legacy gifts Donations from individuals continue lo play a central role in our fundraising. with donalions frorn IET members and others from the engineering comfllumity generating £189,520 this year. The liming of legacy gifts can naturally be unpredictable, but they remain a vital part of Foothold's voluntary income. £11,980 Foothold recognlses the requirements of the Charities (Protection and Social Investment) Act 2016 which contains a range of provisions aimed at raising standards in fundraising. We also voluntarily subscribe to the Fundraising Regulator and all of our fundraisers are expected to work in line with the Code of Fundraislng Practice. received from trusts and foundations We are incredibly grateful for the generosity of those who remember us in their Wills and were honoured lo receive 10 gifts lotalling £743,152 lup from £236,566 in 2023-241. We were delighted lo receive donations from both the Optigene Foundation1£10.0001 and Foundation Lod9e 82- Cheltenham Freemasonry 1£1.9801 lo fund our work. We would like to Ihank both for their support and hope Ihat we are able to build further funding relationships like ihese in the coming years. We do not employ professional fundraising agencies. We have one relationship with commercial participator. make a smile lottery. who operate a multi-charity lottery which Foothold joined in June 2025. Prior to entering Into that agreement. due dillgence was carried out and a comprehensive Commercial Participallon Agreement was signed. £189,520 in donations from individuals 0,0 £743,152 received in total from 10 legacy gifts Changes lo the donation collection process in thc IET membership renewals in late 2023 me¢ins that donor5 now need to donate directly lo Foothold instead of alongside their renewals. We do not undertake door-t<Fdoor or face-tov face fundraising. and our direct mail fundraising Is onty addressed to people who are already known to us. Sincere thanks to the following people whose legacy gifts we recognised.. Aside from our commercial relationship with make a smile lottery. all our fundraising Is carried out by our small in-house team. Thls year there have not been any breaches of regulatlon or code. and no complalnts have been received. This is the first full financial year since the change and Foothold anticipated that this would lead to a fall in individual donation5 compared to the previous year 1£243,7311, which proved to be the case. Alice Newman Brian Hardy Clive Norris David Crecraft Kenneth Swinson Mona Robson Neil Gilchrist Percy Gatliff Peter Cullimore Ronald Cross We take particular care to safeguard and protect vulnerable supporteTS. and our staff receive annual training in this area. We also pay close attention to the changing regulatory environment to ensure our fundraising is transparenL honest and non-intruslve. We are incredibly grateful for the donors who have chosen to donate directly to Foothold during the year, and for the ongoing support of those who have sel up either monthly or annual direct debits with us, giving u5 certainty about voluntary income to help us plan our support for engineers. In addition, a further four people notified Foothold that they have pledged a gift in their Will and we are extremely grateful for their support. These pledge5 help us Wlth our long- term planning to maximise our support for the engineering community. It Is our practice to keep supporters up to date with the impact their gifts are making. BLrt communty members are given the option to control if and how we contact them and we have proce55es in place to 5UPPOrt this. We do not sell our supporters. dats and we do not purchase extemal dats lists. 40 Foothold Annual Report 2024-25 www.myfoothold.org 41

CHARITY OF THE YEAR AT * THE ENGINEERING AND MANUFACTURING AWARDS NEW WAYS TO SUPPORT FOOTHOLD'S WORK make a smile lottery People naturally support Foothold's work in ways that suit them best. We have been looking at opportunities to provide additional ways for people to support us financially. helping us diversify income and provide support for generations ol engineers and their lamilies lo come. In June 2025 we launched the first of these new partnerships. joining forces with make a smile lottery. -'oothola make a smile are a well- established lottery operator. registered with the Gambling Commission and running their lottery with more than 20 charity partners. They underlake all the regulatory and administrative elements of the draws (players must be 18+ and GB residents in order to playl. We were honoured to be the chosen charity partner al the Engineering and Manufacturing Awards 2024. The event took place <71 the prestigious London Marriott Hotel, where we had the pleasure of attending a 5. star ceremony, This provided us with an excellent opportunity to raise awareness and connect with the engineering sector. £1,748 raised by silent auction event As guests, we were treated to sit-down dinner accompaniecl by live Music and the captivating presence of celebrity host, Dominic Holland. The highlight of the evening was witnessing the presentation of 15 awards to leading engineering companies. The awards recognised outstanding achievements in various categories, including 'Industry Leaders','STEM Ambassadors., and 'Rising Stars, within the manufacturing sector. It was truly inspiring to see these companies being celebrated for their innovation. research. and impacl. DLiring the evening, a silent auction was held. with all profits being generously donated to Foothold. The auction raised a total of £1,748. which will significarTrtly contribute to Foothold's work in supporting engineers and their families. Players can choose which of the partner charities to support when signing up to play and draws lake place weekly. costing £1 per ticket. Players eilher play regularly via monthly direct debit, or by purchasing single tickets whenever they want to. The Engineering and Manufacturing Awards 2024 was not only a celebiation of excellence in Ihe industry bul also an unforgettable evening for Foothold, filled with support, generosity, and a shared commitment to making a difference. As the charity pèrtner, Foothold also benefited from substantial exposure throughout the event. Our messaging and presence were prominently displayed on every table, as well as across al digital screens and printed materials. moke a smile We're excited to be working with make a smile and will continue to assess other potential opportunities for the Foothold community lo help fund support for fellow engineers and their families. Vlottery 42 Foothold Annual Report 2024-25 www.myfoothold.org 43

Volunteer hours 2024-25 3.4 Maintaining expenditure within budget 3.5 Innovative models of volunteering 603 700 total hours Commltteo members We regularly monitored income and expenditure against the budget through: o Beacon CRM dashboards Building on the great work of our volunteers this year. we followed on from the success of our video shorts series feaiuring Mikaela, an IET member. talking about hei insights around neurodiversity in the workplace. and developed a new video content presenter role. This taps into a new skillset in our comrnunity and has attracted several new volunteers. 600 o Monthly management accounts 500 Ouarterly Finance and Audit Committee meetings Local rops Ouarterly Board meetings 400 Volunteers o Review of our banking and investment management provlslon 300 Trustees We introduced an update of the top line financial data, to be: Shaied at monthly team meetings 200 Followed up with individual team discussions In 2025-26 we will develop a volunteer moderator role as part of our pilot peer support group pro9ramme. 100 We monitored the changes made to our eligibility criteria in 2023-24 and: o Modelled future spend patterns using Beacon CRM data Hours O Introduced uplifts to our grant payment amounts in line with the revised MIS figures released in September 2024 o Increased our eligibility threshold from 60 to 63% of headline MIS for eligible community members Video content presenter Would you like to help bring engineering stories to life and be the face of Foothold's digital content? We kept our staffing under review as changes occurred, which: o Led to changes in our Fundraising and Communications team in March 2025 As a volunteer conlent presenler. you'll play a key role in delivering engaging video content that highlights our services, supk)orts our lundraising, and raises awareness of the challenges engineers face. Whether remotety or In person. you'll make a lastin9 impact on the engineering community. O Will enable development of a Relationship Fundraiser post to strengthen our Fundraising team in 2025-26 hold.o Ivolunteer- resenters 44 Foothold Annual Report 2024-25 www.myfoothold.org 45

OUR FINANCIAL SUMMARY, KEY POLICIES AND PRINCIPAL RISKS Income Our income comes from three main sources: donations and gift Bid. legacies, Bnd investments. Donations and gift aid £190k The reduction in our donated income was primarily due to the changes in the IET membership renewal process, which began in October 2023 and continued to influence donation patlerns in 2024-25. (£243k in 2023-24) Legacies £743k Our legacy income remained strong, with £479k being recognised after 30 June 2025, but still being included in the 2024-25 accounts in line with the Charities SORP. (£237k in 2023-24) Investment income £607k Although we saw net losse5 on our investments of £234k in year. our fund levels Increased by 0.6% to £24,598,883 (£24,444,215 in 2023-241 and remain ahead of the real value agreed by the Board In May 2024. (£654k in 2023-24) Expenditure Overall charitable expenditure Charitable activities 78.5/ Itolal expenditure minus cost5 of raising O funds and investment managers, fees) £953k (£1.7m in 2023-24) The reduction in total expenditure reflects the full effecls of the Te5tructure of the tèam, tightening of thÈ eligibility criteria, and the levels ol financial support available to our community members. Our strategy to mltlgèté against the loss ol voluntary income continued in 202ts25 wlth further dlvefsification of our income streams, Including the18unch of the Foothold lottery in Q4. The full effect of the new Income streams such as the lottery and online legacy platform due to launch in July 2025 wlll be seen in 2025-26 and will feed Inio the development of our new FundraisSng and Communications strategy foi 2025-28. Raising funds £149k (£194k in 2023-24) These changes were part of the revised strategy agreed by the Board in May 2024. de51gned to reduce our expenditure to a level which WOLJld maintain the real value of our investments going forward in line with our finance policy. Investment fees £135k (£120k in 2023-24) The financial results of the year are set out in the Statement of Financial Activities on e70 46 Foothold Annual Report 2024-25 www.myfoothold.org 47

The funds Foothold assets Reserves policy It is also imperative that Foothold has reserves that it can fall back on either when there is a deficit dLJe to feduction in voluntary income. a drop in investment relurn or there Is a sudden Increase in demand for Foolhold'5 services. We annually review the adeqLJaCy of Foothol(J's ieserves, which in this case are defined as that part of Foothold's accumulated surpluses that are available to spend once it has met its commitments and covered ils other planned expenditure. often called free" reserves. It excludes endowed funds that have been invested to provide a secure and predictable income stream," property held for Foothold use.. funds accumulated for a designated purpose within the overall purpose of Foothold.. and restricted funds. General Fund Speirs Fund Our expenditure continued to reduce as planned in 2024-25 £1.214.61612023-24 £2,054,4211 leading to a surplus in income of £360.86512023- 24. minus £895.0421. Whilst Foothold received an Increased level of legacies in 2024-25. this incorne stream is subject to variability over time. In the same way, returns from our investment funds are dependent on many factors and can also fluctuate. Having two mainstream sources of income greatly increases Foolhold's resilience to exlernal factors. Funds derived from voluntary Income including donations. glft ald and legacies. Spolrs P•fmanont Endowment Fund Fund Funds derived from the sale of Speirs House to be reialned for the future use of Foothold. whlch will be increased or reduced by any capftal galns and losses. Funds derived from those previous￿ held in Chesters Trust or Speirs Memorial Fund. plus Income from the Speirs Permanent Endowmeni Fund which is transferred Into the Restricted Income Fund to be spent on the charitable objects of the Spdrs Fund. This results in general free reserves excluding the above being £1,055,29712023-24 £366,590) as of 30 Juno 2024. Investments are designated, as they are vital to the annual income generation. This level of free reserves represents 11 months12023-24 2 rnonthsl of annual expenditure. Used to Provide flnanclal and wellbelng support to current and former IET members and Ihelr dependants. Used lo support current and former IET members and thelr dependants, 8s well as people with an interest in englneering. The total reserves as of 30 June 2025 were £24,571,206 (30 June 2024: £24,444.215) Investment policy stream which at least maintains its real value in future years. and al least lo maintain the real capital value of the portfolio over the long term. total ieturn basis, compared to the composite index benchmark Iwhich is used for shorter term comparison purposes) of 4101.2%. High inflation and difficult markel conditions have led the investments to fall behind theii investment target, however il is still Judged that CPI +4% remains an appropriate long- term target. During this year, the portfolio produced a total return of +1.5%. behind the composite Index benchmark which returned +6.9%. as concentrated markets Ireturn5 driven by a very srnall number of companies) in the first half of the period, followed by a sharp rotation out of'growth, stocks in favour of more value-orientated names, as well as economic and geopolit5cal uncertainly. impacled our investment strategy. Our investment powers are governed by charity and trustee legislation and regulations. Foothold's memorandum of association permils it lo invest monies not immediately required for its purposes In securities. property, or other investments as may bÈ thought lit. OLSr investment manègers are signatories to the United Nations-backed Principles for Responsible Investment, and we have decided not to apply any further social. environmental or ethical limitations on the Foothold s investment. Restricted funds £4,080,930 When we identified Foothold as a 'retail investor, we decided to move the portfolio to Rathbone Investment Management Limited and to adopt the Total Return style of investing. However, currently we do not use total return accounting. Free reserves Unrestricted funds £15,581,415 Designated funds £14,526,118 £1,055,297 Total resepoes Represents 11 month5 of nnual expenditure £24,571.206 Investment performance Endowment funds £4.908.862 The investment target is set as a total return over a 10-year period ol CPI +4%. Since inception (January 20151 until 30th of June 2025 CPI +4% has been +108.4%. Over the same time period the investments have delivered +83.8% on a Our investment policy was reviewed in 2025 and the investment objectives are to generate a sustainable income 48 Foothold Annual Report 2024-25 www.myfoothold.org 49

Grantmaking policy Viabilitylgoing concern Principal risks and uncertainties to Foothold and steps taken to manage or mitigate them Our policy lays out the eligibility criteria determined by the Trust deeds of each of our Funds. The level of our grants are reviewed at least annually as part of the budget setting process and are designed to provide as rnuch support as possible whilst remaining within our financial envelope. These guidelines are a comprehensive list of rules and guidance and include the mandatory aulhorisation process. Decisions are authorised via a 5yStern of strictly enforced delegated authority levels, in linè with their monetary value nd complexity. It is oui view that Foothold remains financially viable. Given the volalility of the global economy and uncertainties around the longer-lerm effects of COVID-19 pandemic we and the senior rnanagernent le3m regularly reviewed the costs of providing support against our financial position to maintain control of our expenditure. We have now seen the full effects of the IET s decision lo no longer collect donations for Foothold alongside the annual membership subscription from October 2023. Despite this reduction in our income we are assured that with our ongoing oversight and considering our reseNes, ongoing development of our voluntary and inveslmenl income streams. reduced eligibilily criteria fof support. reductions in our slalfing and current cash flow forecast. there are no rnalerial uncenainties about ihe ability 10 continue as a going concern. Risks Mitigations Foothold 15 8 charity set up for the prevention and relief of poverty and Foothold helps individuals and families who fall within the remit of its objects and oligibility criteria wherever they are in the world and regcirdless of their background. Long lerm sustainability following the IET no longer collecting voluntary contributions from the IET membership with their annual subscription renewal, leading to loss ol income from member donations and legacies, leading to potential reduction and sustainability of services, declining relevance of Foothold to the IET. fundraising conflict and competition from IET. o The management team have prepared a detailed recovery plan with Is being implemented from Augusvseptember 2023 to communicate with IET mefflber5 to inform them of the changes. The success of this strategy to be reviewed at all Board meetings. o Ongoing review by the Board of strategy for fundraising from IET members lo be included in the Annual Strategy Day. We have interpreted 'poverty' to mean not only those who are in desperate financial need but also those who cannot satisfy a basic nood without assistance. We use the Charity Commission definition. people in poverty generally refers to people who lack something in the nature of a necessity. or quasi-necessity, which the majority of the population would regard as necessary for a modest, but adequate slandar(i ol living" o Foothold's fundraising strategy to include this important donor group covering donor recognition and communication about Foothold's achievements. o Fvndfaising strategy lo be approved anF)ually by Board. Pension liability O Continue to build relationships with the IET Board and senior management team by both Foothold Board and senior management team. Foolhold has a historic pension liability. After rnew case law Imerchanl Navy Ratings Pension Fund Trustees Ltd v Stena Line Ltd 20151 there was no longer fell to be a risk of a Section 75 Pensions Act 2004 debt repayment requirement. The triennial pension feview as of 31 March 2017 revealed that the previous plan dated 5 March 2015 had been insLJfficienl to clear the deficit by 31 March 2017 due to the pension investments heavy weighting towards gilts. In 2023 we were informed that there had been a slight change to the asset values in the Scheme which are now confirmed from the final audited Account5 of the Scheme meaning that the valuation results show that the SAAS overall èt the valuation date of 31 March 2023 was in surplus by £1.7m (previous triennial valuation al 311312020." deficit of £16.Olml. For Foothold this meant that payments to the scheme ended in March 2024. Turbulent economic environment leading to potential violent fluctuations in the value ol Investments and potential considerable increase in applications for assistance by the charity. O Review of economic environment by Board to be included at Annual Strategy Day. O Ongoing review5 by FARC and SDC of investment income and grants made. Furthermore. not everyone who is in financial hardship is necessarily poor, bul il may still be charitable to relieve their financial hardship or to prevent poverty. O Additional meetings, if required, of FARC for overall monitoring, including investment strategy and updates from investment managers. reporting back to Board. o Review of Foothold strategy by Board, making adjustment5 as required under the prevailing environment. These criteria are used. alongside monetary thresholds, to determine each community member's eligibility for our financial sUPPOrt. Our grants are means-lested. and we use the Minimum Income Standard Calculator produced by the Joseph Rowntree Foundation. This establishes a threshold below which no one should fall if they are to ffleel their minimum needs and participate fully in life. Changing Governmental policy on welfare benefits could have a dramatic Impact on the number of applications for assistance that are received including from overseas beneficiaries. O Review of Government policy and, where necessary, International Government policy and law5 by Board to be included at Annual Strategy Day. O Maintain currency on Government policy and welfare benefits that impact the charity. O Review setvices lo beneficiaries in light of changes in Government policy taking account of Foothold financial constraints. o Inform potent181 beneficiaries of how the charity may be able to help them. 50 Foothold Annu81 Report 2024-25 www.myfoothold.org 51

Principal risks and uncertainties to Foothold and steps taken to manage or mitigate them (cont.) Public benefit Social and ethical responsibilities In setting out the activities for the year, we have complied with the duty set out ln Section 17 of the Charities Act 2011 to -have regard- lo public benefit guidance published by the Charity Commission. As a charitywe take our environmental, social ènd ethical responsibilities very seriously. Risks Mitigations Ineffective relationship with the IET, particularly after they have ceased to include donation requests for Foalhold with their annual renewals. Leading to significant loss of revenue for Foothold (covered in risk register 3.51, inability to get Foothold mission and fundraising requirements across to IET members. failure to understand the need5 of the IET (particularly as a corporate body) and its membership and dependants, inability to obtain the information and data that Foothold noods from the IET and the IET continuing lo distance itself from Foothold leading to a doterioralion of the relationship between Foothold and IET. o Work through the management'lET changes campaign plan, to ensure that Foothold can build direct relationship5 Wlth IET members to donate directly to Foothold. There are no specific ethical exclusions on the investment portfolio. However, the portfolio should be invested in a socially responsible manner and our fund managers, who work to the UN sustainability goals should lake into account and report to Foothold on their approach to ESG issues in their investment analysis and decision-making process, and engage with company management when appropriate. o Review of relationship with IET by Board at Annual Strategy Day to strengthen relationship with IET. All the charitable help is provided free of charge and community members do not need lo have donated lo Foothold to be eligible for our seNices. We are aware that this represents a sizeable number of individuals worldwide, any of whom can approach Foothold for help at any time. o Continue to build strong relationships between key functional points in both organisations covering governance. membership. finance etc. O IET nomin3ted Trustees to annually update the Board & SMT on the Institution at Annual Strategy Day to help enable development of strategy and fundraising. O Regular contact with the IET Presidenl, Board, CEO and operational executives lo help build relationships and understanding of Foothold and its mission. Furtheimore. the lange of support piovided means that it is not iusl the individual person who benefits. By helping someone at a difficult time, their close family are also helped and possibly Oihers who have an interest or inforrnal responsibility towards the person whether they be friends. relatives or close acquaintances from the local community. Foothold to cultivate relationships with IET Presidents before their ppoiniment. Prepare and offer a cooperation agreement between IET and Foothold. We have reviewed whether any of the help that we provide could possibly cause any detrirnent or harm and have not identified any example where this might be the case. The only -downside- in terms of public benefit is Ihat the work of Foothold has led to an increase in the uptake of State benefits by its communily members. Clearly this is an added cosl to the public purse: that said. it Is only a case of people now claiming benefits to which they were already. or have recently become. entitled. 52 Foothold Annual Report 2024-25 www.myfoothold.org 53

OUR STRUCTURE, GOVERNANCE AND MANAGEMENT Our governing document Our Board Our Trustee recruitment process and competencies Foothold is a company limited by guarantee, incorporated and registered as a charity on 27 August 1947. Foothold was established under a memorandum of association which established the objects and powers of the charitable ompany and is governed under its articles of association. It is administered by a Board of up to 10 Trustees. who are also the diiectors of Foolholé for the purposes of company law and under the company s articles. Trustees also serve on Foothold's committees that conirol various aspects of Foothold's business under delegated authority. All Trustees give their time voluntarily and feceive no benefits from Foothold. Any expenses reclaimed from Foothold are set out in note 7 10 the accounts. The Articles of Association were amended by special resolution of the members of the Fund on 23 March 2006 10 help strengthen Footholds links with the Institution of Engineering and Technology IIETI. This allowed ihe IET Board of Trustees lo appoint two Foothold Trustees with the necessary skills and experience lo contribute to the governance of Foothold. and also gave the Local Representative Assembly a significant representation on the Board. The 2009110 Working Group included the appointment of Trustees as part of it5 review of the Articles of Association. il was fell that the appointment system for Trustees worked well and should not be changed. We actively manage succession planning for our Trustees and committee members. In advance af a Trustee vacancy arising from retirement, the 8oard considers the skills it requiros to fulfil its responsibilities for the strategic direction of Foothold. With reference lo the Trustee skills audit. we agree the competencies it require5 in any new post. A role description for this appointment is drawn up, together with a recruitment pack and the role is advertised widoly. Candidatos aro askod to submit a CV and covering letter which are then considered by the Remuneration and Nominations Committee and where appropriate an interview is offered. Our administrative details The Local Representative Assembly is entitled to review any Board appointed Trustee and in exceptional circumstances may, if it considers it is in the interests of Foothold, recomrllend to the rllember5 that their statutory powers to remove a Trustee under the Act should be exercised in respect ol that TrLJStee. The Trustees appointed by The IET are subject to The IET'S process of appointment. Reference and administrative information sel out on paAe 63 forms part of this report. The Financial Sialements comply with current statutory requirements. the memorandum and articles of association. the requiremenls of a directors. report as required under company law. and the Stalemenl of Recommended Practice Accounting and Reporting by Charities-. SORP applicable to charities preparing their accounts in accordance with FRS 102. A Trustee Skills Register is aintained in accordance with The Institute Of Chartered Secretaries and Adtninistrators Guidance and we are asked to complete a skills audit form as part of the annual review process. 54 Foothold Annual Re 2024-2 www.myfoothold.org SS

Our induction and training Our committees Our Local Representative Assembly The Service Development Committee has an overview of the policies and principles governing giant decisions and decides on unusual cases and high value grants. The Service Development Committee membefs also regularly review a cross-section of cases to ensure due process has been applied.11 works closely with staff lo identify trends in requests for assistance particularly where there is a need for new policies Ibolh financial and non-financiall to help meet the ever-evolving needs of IET members and the wider engineering community. Recommendations for new policies are presented to the Board ol Truslees lor the Board's approval. The Remuneration and Nominalions Committee serves two purpose5. As part of our induction we receive information from Foothold to brief us on our legal obligations under Charity and Company law. We also receive information on the organisation's objectives and recent financial performance. as well as online modules on our Training tracker database covering subjects such as GDPR, staying safe online and safeguarding. Some of these modules are also repeated annually by all of us and successful completion supports the mitigation for some ol the risks identified on the strategic risk register. We are also encouraged to undertake external training to broaden our knowledge of both our role as Trustees and of the issues affecting the wider charity sector. Our Local Representative Assembly consists of Local Represenlalives who are nominated by a Local IET Network and appointed by the Trustees. A Local Representative shall hold office on the Local Representative Assembly for a term of three years from the dale af their appointment after which the Trustees may appoint them for one or more further terms of three years each. As the Remuneration Committee ils purpose is to determine the appiopriale remuneration and any changes lo terms and conditions of employment ol the stsff of Foothold. A record is maintained of training undertaken and in 2024-25 we completed thirteen Training Tracker module5 on topics such as equality ènd diversity. GDPR and sexual hèrassment in the workplace. As the Nominations Cofflmiltee, the committee's purpose is to select new Trustees or a new Chief Executive Officer and to assist the Chief Executive Officer in the selection of new members of the senior management team as well as making decisions on the recruitment. selection and appointment ol Trustees and committee members based on the findings of the Trustee skills audit. Our Remuneration policy Foothold undertakes a review of remuneration on an annual basis and consider5 factors such as cost-of-living change5, employinent cor)dilions and social trends to Inform Ils decisions, as well as reference to comparisons with other charities to ensure that Foothold remains sensitive lo the broader issues such as pay and employment conditions elsewhere. The Finance. Audit and Risk Committee monitors the effectiveness of Foothold's internal quality controls and risk management including the monitoring and overseeing mitigation of the strategic and operational risk registers. It also monilors the performance against the annual budget and the investments and the investment management advisors. A key Tespon5ibility of this Committee is to make recommendations to the Board on the appointment of Auditors. Our attendance Attendance at Board and sub-committees in 2024-25 is sel out below. Tho Disciplinary Committee is appointed by the Board of Trustee5 as required by the 'Removal of a Volunteer Policy and disbanded by the Board of Trusiees on completion of Ils work. Board of Trusteé$ Finonce audit and risk Service developmènt Remuneration and nominations Dcile Briscoe 414 313 Tom Budd 415 315 lin attendance) 313 Foothold believes in equality, diversity. equity and inclusion and is committed to the principle thèt pay and conditions should not discrirninate. Fooihold recognises that the attainment of equitable pay in terms of race, gender and disability requires a pay system that is transparent and based on objective criteria. Dr Dolores Byrne 111 lin attendance Woll Byrtner 415 112 Joe Dunn 011 John Gleeson 515 414 Virginia Hodge 515 414 212 Gareth Price 415 414 313 Alison Lanchester 115 214 Col. Andy Rogers 215 Alan Watts 515 414 212 313 56 Foothold Annual Report 2024-25 www.myfoothold org 57

The rationale for Foothold's salary and salary increases are guided by the following principles.. The remuneration of the Senior management team as Foothold's key management staff is set by us following recommendations made by the Remuneration and Nominations Committee. The objective 15 to ensure thèt the Chief Executive Officer and senior staff are provided with appropriate incentives lo encourage enhanced performance and are in a fair and responsible manner rewarded for their individual conlributions lo Foothold'5 5ucce55. In 2024-25 we undertook a review of the staff terms and conditions of employment. led by our Head of Business and Volunteering. Considering the recommendations of the review we increased our annual leave allocation by foul days a year pro rala ènd added access to a legal helpline for all staff as well as updating our bereavement leave policy in line with sector good practice. Our stakeholders Foothold has relationships with many organisations and individuals who support us In achieving our objectives. Our main stakeholder community are the past and present members of The Institution of Engineering and Technology {IED and their dependants. who Foothold seeks to assisL The IET is a separate company (No. RC0002631 and a separate charty lin England & Wales No. 211014, and in Scotland No. SC0386981. In recognition of this relationshlp the IET nominates two of Foothold's Trustees. To allow Foothold to attract, develop and retain dedicated, motivated, 8nd high-performing people to work and to lead our organisation. To ensure financial sustainability longer ter for the charity. To ensure fairness in salary setting and decision making Iralher than equality. as market forces can prevent this). However. the govemance. objectlves. administration and funding of Foothold Is separate from that of the IET. We aim lo recruit the most skilled candidates for us to achieve our strategic objectives and have the scope to rewaid for excellence. Alongslde the Indivldual members of the IET who support Foothold through direct donations. legacies and volunteering we work together with other engineerlng institutions. englneerlng education and training bodies and media, engineering employers and benevolenl funds to ensure that the support we provlde is best suited to increase the wellbeing of engineers and their families worldwide. To ensure transparency of its remuneration processes for all employees. Our feedback During the year we received 266 instances of positive feedback and 32 instances of negative feedback and complairits from our stakeholders through Beacon CRM. These were all responded to following our "Comments, compliments and complaints" policy. Most of the negative feedback concerned technical issues with the website such as faulty links and were resolved by the team. Where the concern5 were abaL5t the outcome of an application for support, the Grants team guided the community member through the appeals process. With the tightening of our eligibility criteria and service reductions we saw a five-fold increase in the number of grant appeals in this year with four going through to the final Appeal Board stage. The appeals process examines whether the appropriate process has been followed and no appeals against the proce5S were upheld this year. We continue to review the informètion on the website and in the terms and conditions which are provided to each support applicant to try to increase transparency aboul our processes and clecision- making. 266 instances of positive feedback 32 instances of negative feedback 8ased on feedback, we will add more guidance on how to complete our application form. including a short video. 58 Foothold Annual Report 2024-25 www.myfoolhold.org 59

SUMMARY OF OUR PLANS FOR 2025-26 EMPOWER our community to increase their resilience to life's challenges 2.1 Creating connected communities: o Develop and pilot a peer support programme. 2.2 Developing digital health and wellbein9 offers: o Look into gamifying our digital health and wellbeing offers. o Continue lo promote our Mental Health Check-ln tool. o Continue lo ask our comrnunity members what webinar topics are of Interest to them, aF)d experiment with new content. 2.4 Creating positive change by developing our understanding of equality. diversity, equity and inclusion issues and how we can address them". o Collect data from our community members to belter undersland the needs of those with caring responsibilities. Throughout this report, we've shared snapshots of our plans for 2025-26. Here is a summary of those plans. O Implement the outcomes of our accessibility audit on our website. ENABLE our community to participate in a socially inclusive lifestyle SUSTAIN support for and from our community 1.1 Achlevlng a household income of 75% of MIS level for eligible community members: o Continue to work towèrds achieving an income of 75% MIS for eligible community members. 3.2 Developing and implementing a digital strategy: o Devise and implement an aclion plan lo develop our digital maturity 8cross all of our activities. o Begin real-time monitoring of the impact of our grants. o Continue to focus on neurodiversity. 3.3 Increasing our voluntary income: O Develop our new Fundraising and Communications strategy. as the full effect of the new iricome streams such as the lottery and online legacy platform are realised. o Develop new models of grant giving for comrnunity members with a di58bilily. o Introduce a simpler, one-step application for all of our support. O Develop a Relationship Fundraiser post to strengthen our Fundraising team. O Add more guidance on how to complete our application form. including a short video. 3.4 Maintaining expenditure within budget: o Review our banking and investment management provision. o Research a further six countries to include in our advice and guidance services, including the USA and Greece. 3.5 Creating innovative models of volunteering- o Develop a volunteer moderator role as part of our pilot peer support group programme. 60 Foothold Annual Report 2024-25 www.myfoothold.org 61

REFERENCE AND ADMINISTRATIVE DETAILS Our people Service Development Committee members Virginia Hodge, Chair Kale Gill (resigned Ocl 20241 Mark Richcird50n Irosigned Jul 20241 Alan Watts Foothold Trustees during 2024-25, together with any others who served in the year and up to the date of this report.. Chair Or D Byrne OBE BSC MBA PhD CEng HonFIET Retired 301912024 Mr G Price FCA Treasurer April 2020 Chair FARC April 2020 Wolf &ytlner Faith Golly Connor Chaplin Sandra Godrnan Vice Chair October 2022 Mr T Budd Bcomm LLB LLM Chair 111012024 Local Representatives Assembly members Rlchard Spaldlng, Chair Jock Aust Mrs V Hodge BSC CEng HonFIET Chair SDC Appointed 111012021 Retired 301912024 Mr J Dunn CEng MIET Phill Corner Richard North Mr W Byttner BSC CEng MIET Appointed 111012022 Foothold's advisors and bankers Sayer Vlncent LLP 110 Golden Lfine, London EC1Y OTG Mr J Gleeson BAI MA Msc MBA MIET Appointed 111012022 Mrs A Lanchester Appointed 111112022 Resigned 301912025 Raihbonè Inv¢stm•nt Management Ltd 30 Gresham Street. London EC2V 70N Mr A Watts CEng FIET Appointed 111012023 Vice Chair 111012024 Colonel Andy Rogers BEng PGCert CEng FIET Appoinled 111012023 Anthony Collins Sol*citor5 LLP B32ES Mr D Briscoe Appointed 1311112024 Russell Ctstske LLP 8 Bedford Row. London WCIR 48X EUR ING Dr Kenny C Otiaba PhD CEng MIET Appointed 211512025 Lloyds Bank plc Thavies Inn House, 6 Holborn Circu5, London EC1N 2H Foothold's principal officers Chi•f Execuii H••d of Bu¥11￿ Officer and Volunteerbn Head of Grants Team H•ad of Fundraislny aFKI Communkat5on$ Carfy Snead Fllss Rook fesigne(J Jul 2024 Jonny Rudge commenced Aug 2024 62 Foothold Annual Report 2024-25 wwvv.myfoothold.org 63

STATEMENT OF TRUSTEES, RESPONSIBILITY FOR ANNUAL ACCOUNTS The Trustees (who are also directors of Foothold for the purposes of company lawl are responsible for preparing the Trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees lo prepare financial statements for each financial year which give a true and fair view ol the situation of Foothold and ol the incoming resources nd application of resources. including the Income and expenditure, of Foothold for that period. In preparing these financial statements, the Trustees are required lo.. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy al any time the financial position of Foothold and enable them to ensure that the financial statement5 comply with the Companies Act 2006. They are also responsible for safeguarding the assets of Foothold and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Members of Foothold guarantee lo contribute an amount not exceeding £1 to the assets of Foothold in the event ofwinding up. The total number of such guarantees at 30 June 2025 was 512024..61. The Trustees are members of Foothold, bul this entitles them only to voting rights. The Trustees have no beneficial interest in Foothold. Select suitable accounting policies and then apply them consislenlly Our small companies exemption statement In so far as the Trustees are ware.. Observe the methods and principles in the Charities SORP Our annu81 report has been prepared in accordance with the special provisions applicable to companies subject lo the small companies, regime. There is no relevant audit information ol which Foothold's auditor is Make judgements and estimates that are reasonable and prudenl unaware On behalf of the Board of Trustee5 The Trustees have taken all steps that they ought to have taken lo make themselves aware of any relevant audit information and to establish that the auditor is aware of that information Slate whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements The Trustees are responsible for the maintenance and integrity of the corporate and financial information illcluded on Footholds website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Prepare the financial statements on the going concern basis unless it is inappropriète to presume that Foothold will continue in operation Mr T Budd Bcomm LLB LLM Chaii 28 January 2026 64 Foothold Annual Report 2024-25 WWW.fnyfoothold.org 65

INDEPENDENT AUDITOR'S REPORT Opinion lor the audit of the financial statements section of our report. We are independent of the charitable company in ccordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard and we have fulfilled our othei ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. trustees are responsible for the other information contained within the annual report. Our opinion on the financial slalements does not cover the other information and. except to the extent othetwise explicitly stated in our report, we do not express any form of assurance conclusion Ihereon. OLir responsibility is lo read the other information and, in doing so, consider whether the other information is materially inconsislenl with the financial slalements or our knowledge obtained in the course ol the audit, or otherwise appears to be alerially misstated. If we identify such matorial inconsistencies or apparent material misslalements, we are required to determine whether this gives rise to a material misslcltemenl In the financial slalements themselves. If. based on the work we have performed, we conclude that there is a material misstatement ol this other Information, we are required lo report that fact. We have audited the financial statements ol The Institution ol Engineering and Technology Benevolent Fund (the 'charitable company I for the year ended 30 June 2025 which comprise the statefflent of financial activities. balance sheet. statement of cash *lows and notes lo the financial statements, including significant accounting policies. The financial reporting framework that has boen 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 Iuniled Kingdom Generally Accepted Accounling Practice). TO THE MEMBERS OF THE INSTITUTION OF ENGINEERING AND TECHNOLOGY BENEVOLENT FUND Conclusions relating to going concern In auditing the financial statements. we have concluded that the trustees, use ol the going oncern basis of accounting in the preparation of the financial slalements Is appropriate. In our opinion. the financial statements.. Give a true and fair view of the slate of the charitable ompany's affairs as ai 30 June 2025 and ol Its incoming resources and application of resources. including ils income and expenditure for the year then ended. 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 doubl on The Institution of Engineering and Technology 8enevolent Fund's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. We h8ve nothing to report in this regard. Have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. Opinions on other matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audit.. Have been prepared in accoidance with Ihe requirements of the Companies Act 2006. Our responsibilities and the responsibilities ol the trustees with respect to going concern are described in the relevant sections ol this report. The Information given in ihe trustee5' annual report. for the financial year for which the financial statements are prepared is consistent with the financial slalements., and Basis for opinion We conducled our audit in accordance with Iniernational Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities Other information The other information comprises the information Included in the trustees. annual report. other than the financial statements and OUT auditor's report thereon. The The trustees, annual report, has been prepared in accordance with applicable legal requirement5. 66 Foothold Annual Report 2024-25 www myfoothold.org 67

Matters on which we are required to report by exception Responsibilities of trustees from fraud or error and are considered material if, individu8lly or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations. whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant transactions that are Ljnusual or those outside the normal course of business. responsibility to anyone other than the charitable Company and the charitable company's members as a body. for our audit work. lor this rèport. or for the opinions we have formed. As explained more fully in the statement of tru5tees' responsibilitios sel out in the trustees, annual report. the trustees Iwho are also the directors of the charitable company lor the purposes of company lawl are responsible for the preparation of the financial slalements and for being satisfied that they give a true and lair view. and for such Internal control as the trustee5 determine is necessary to enable the preparation of financial statements that are free from material misstatement. whether due lo fraud or error. In the light of the knowledge and understanding of the charitable company cind Its environment obtained in the course ol the audit. we have not ideniilied material misstatements in the trustees. annual report. We have nothing to report in respect of the following matters In relation to which the Companies Act 2006 requires us lo report to you if, in OLJr opinion.. We inspected the minutes of meetings of those chaiged with governance. Irregularities. including Iraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above. to detect material missialemenis in respect of irregularities, including Iraud. The ext@nl lo which our procedures are capable ol detecting irregular11ies. Including fraud ale sel out below. Because of the inherent limitations of an audit. there is a risk that we will not detect all irregularities, including those leadiF)g to a material mi5Statement In the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation Is romoved from the events and transactions reflected in the financial slalemenls, as we will be less likely lo become aware ol instances of non- ompliance. The risk is a150 greater regarding irregularities occurring due io fraud rather than error, as fraud involves intentional concealment, forgery, ollusion. ornission or misrepresentation. We obtained an understanding of the legal and regulatory Iramework that the charity operates in, focusing on those laws and regulations that had a mèterial effect on the financial statements oi that had a fundamenlal effect on the operations of the charity from our professional and sector experience. Adequate accounting records havo not been kept. or returns adequate lor our audit have not been received from branches not visited by us., or In preparing the financial slalements, the trustees are responsible for a55e5sing the charitable company s ability to continue as a going concern. disclosing. as applicable. matters related lo going concern and using the going concern basis ol accounling unless the truslees either intend to liquidate the charitable company or lo cease operations. or have no realistic alternative bul lo do so. Capability of the audit in detecting irregularities We communicated applicable law5 and regulations throughout the audit team and remained alert lo any indications of non-compliance throughout the audit. The financial slalemenls are not in ogrcemonl with the accounting records and returns., or In identifying and assessing risks ol material misslalemenl in respect of irregularities. including fraud and non-compliance with laws and regulations. our procedures included the following.. Certain disclosures of Iruslees, remuneration specified by law are not made,. or We reviewed any reports made to regulators. A further description of our responsibilities is availablo on the Financial Reporting Council's website at.. www.frc.or .ukl auditorsres onsibilities. This description forms part of our udilor's report. We enquired of management. which included obtaining and reviewing supporting documeniaiion, concerning the charity's policies and procedures relating to. We have not received all the information and explanations we require lor our audit., or We reviewed the financial statement disclosLJres and tested these to supporting documentation to assess compliance with applicable laws and regulations. Auditor's responsibilities for the audit of the financial statements The directors were not entitled to prepare the financial 51aternents in accordance with the small companie5 regime and lake advantage of the small companies, exemptions in preparing the trustees. annual report and from the requirement lo prepare a strategic report. Use of our report Our objectives are to obtain reasonable aSSUTance about whether the financial statements as a whole are free from material misstatement, whether due lo fraud or error. and lo issue an auditor's report that includes our opinion Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance wilh ISA5 IUKI will always delect a material misstatement when it exists. Misstatements can arise Iclentifying, evaluating. and complying with laws and regulations and whether they were aware of any instances of non- compliance: We performed analytical procedures lo identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud. This report is made solely to the charitable company's members as a body. In accordance with Chapter 3 01 Part 16 01 the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matter5 we are required lo state to them In an auditoi s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume Fleur Holden Senior statutory auditor Detecting and responding to the risks of fraud and whether they have knowledge of any actual. Suspected, or alleged fraud." In addiessing the risk of fraud through management override of controls. we tested the appropriateness of journa1 entries and other adjustments. assessed 4 Februèry 2026 for and on behalf of Sayer Vincent LLP, Statutory Auditor 110 Golden Lane. London ECIY OTG 68 Foothold Annual Report 2024-25 www myfoothold org 69

FINANCIAL STATEMENTS Statement of financial activities (incorporating an income and expenditure account) For the year ended 30 June 2025 IEY- 70 Foothold Annual Report 2024-25 www.myfoothold.org 71

Balance sheet Statement of cash flows As at 30 June 2025 For the year ended 30 June 2025 2025 2024 Note 2025 2024 Nore Flxed assets.. Investments Repayable loans 23,368,463 245.765 Cash flows from operatlng actlvltles 23.837,659 262.3S8 Net cash used In operatlng aulvltles 1724.8781 11.496.037) 23.614.228 24.11)0.017 Current asset5'. Debtor5 Cash ar bank and in hand Cash flows frorn inve511ng activitle5'. Dividends and interest from Invesrmenis Proceeds from sale of inve5rmenis Purchase of investments Ilncreasel l Decrease In cash held for invesimeni by invesimeni managers 879.092 316.276 453.482 198.715 6Q7.117 4,241.529 13.244.605) 653,966 14,065,808 113,306.3991 1,195.368 652.197 1761,6021 104,878 Crediiors.. arnount5 falling dLtre wlthln one year 238.390 307,999 1 344.199 24444315 Net cash provlded by Investlng actlvlrles 142,441 .,1,51&2 Net current assets 956,978 124.5713061 24.5712061 Total asstis less current Ilabllltles Chan9e in cash and cash eqU￿alentS In the year 117.561 2UI Total nei assets 24.444.215 Cash and cash equivalents at ihe beginning of the yeaf 198,715 176.499 The funds of the charlty.. Re5tri£ied Income funds Speir5 Fund Prograrnmes 13a Cash and cash equlvalents at the end of ihe year 3,918.341 162.588 4,080,929 3.953.060 201.772 316,276 198,711 4.154.832 Endowmeni Unrestricied Income funds.. De51gnated funds Revaluation reserve Ceneral fund5 13a 13a 4,908.862 4.980,375 14,526.118 13.059,617 1,882,801 366,S90 1,055.297 Toial unresiricied funds 15.581.415 15.309.008 Total charlry funds 24.571.206 24.444.215 Approved by the trustee5 on 28 January 2026 and signed on their behalf by Thomas Budd Chair 72 Foothold Annual Report 202U25 www.myfoothold.org 73

Notes to the financial statements Notes to the financial statements For the year ended 30 June 2025 For the year ended 30 June 2025 l Accountlng poll£les Ac¢ountln9 poll¢les l<ontlfiuedl al Statutory Informatlon The Instllulion of Engineering and Technology 8enevolent Ftsnd Is a chaiitable company limittd by 9uarantee and is incorpoiated in Ihe united Kingdgffl. h) Fund accountlfig The assets managed by the charitable company are divided between two funds. Ihe General Fund and the 5pelrs Fund The Spelrs Fund Is furiher sub divided into two funds Speirs Resiricteé Fund and Spelrs Permanent Endomeni Fund. The regisiered office address 15 Unir 82a, James Carier Road. Mildenhall Indusrrial Estate, Bury Si. Edrnurbds. Suffolk. IP28 7DE The Geneial f und Is an untesiricted fund. which re(eSves ftsnds. Wh￿Ch ale expendable at Ihe élscieiien of the Iru51ees In furtherance of the objects of the group. The Speirs Fund ha5 a bii)ader iernii ihan the General Fund In terrn5 01 who It can a551si and li wlll be used prlmarlly In Ihe area of iare. a5515unce foi rhe d15abled and promoring Independence where p055ible ané a5515tance for iareis. bl Basls of preparatlon The financial statements have been prtparttl in accordanct with Acriing Siandaid applirablt in ihe UK an Republit of Irland (FR5 1021 (Charities SORP FRS 1021. the Financial Reporting Standard applicable in tho LIK and Rtpublic of Ireland IFRS 102) and the Companles Aci 2006. Ttansfeis may take place from the Ceneial Fund 10 the Spells Fund bul not vlce veisa In accordance with the Charlly Commlsslon htmt. A55et5 and liabilitie5 are Initially recogn15ed at h15torical cost or Iran5aaion value unless oiherthse stated In the relevani accounting polliy or note. Oesgnaied Funds represents ihe value of unfestricleé non current assets (fixed asseis. Invesiments and repayable loans) whlth are noi Iretly a¥alable as iestrves for Ihe charlty The Revaluation Reserwe wa5 Iransferied to qeneral funds durinq the year. I Publlc beneflt entlty The charitable company meets the definiiion of a public benefir entity under FRS 102. dl Golng concern The tlU51ee5 has ionsideied key T15k5 and consider thai Ihefe are no materlal unierTalntie5 dboui Ihe charliable cofflpanTrK5 abiliry io continue a5 a going concern, 11 L¥pendlture and Irrecoverable VAT Expenditure is recognised ooct there Is a legal oi constructive obllgation to make a payment to a thiid party. It Is probable that seiiiemenr will be ieouiiod and the amount of the obligation tan be measured reliably. Expendituie 15 cla55ifled undei the following aciivity headings The Iiusiees do noi conslder ihat there ale any Soufces of e5tlrnaiion uncertalnty ai the repoitlng dale thai have a 51gnincant rlsk of causlng a material adjustment to the carrylng amoup)is of asseis and liabilltits wilhin the ntxl reportin9 pewiod. Costs of raislng funds ielatt to the costs incuired by the charitable company In Indu£Sng thlrd parties te make voluniary contributions to It. as well as the cosi of any aciivltles wllh a fundralsing puipose. el Income Income 15 Tecogn15ed when the chaliiy ha5 eniitlemeni 10 Ihe lunds, any performance conditions aiiached io the Incoffle have bee met, It Is probable thai the Income will be received and thai the arnouni can be measured reliablv. Expendiiuie on chariiable aciivitle5 Includes the costs un¢Jertaken to fufther the purp05e5 of the charity and thelr a5soclated sUp￿rt tosis. J) Granis payable Grants paid tomprlse amounts paid tts Indlvldua15 needing flnantial assistanct. For legacle5, eniiilernenr Is raken a5 rhe earlier of the date on which either. Ihe Chaliry Is aware ihai probaie has been granied. rhe estate has been finallsed and notlfication has been made by the executoilsl to the charity that a distiibution will be made. or when a di5tTibutlOn 15 received frorn the estate. Receipt of a legacy. in whole or in pari. 15 only consideied probable when rhe amouni can bp ea5ured reliably and ihe chariiy ha5 been notifie(J of rhe exe<utor'5 ￿nIe￿il0￿ io make a d151fibvrion Where legaiie5 have been notified to IhE charity. or the tharity Is aware of the granting of probait. and the criteria for Income recognition have not been mei. then the legacy Is a tTeated as a contingent a55et and disc105ed if material. The full costs of grants are Included In the siaiemeni of flnanclal a£tl¥llles In the yeat In whlch they ate apppoved and communlcaied lo ihe recipient. If 9iants Ihat are approved dviing the YeaT have nor been paid, In part or in full. by the end of the Year. anv unpaid afflounr5 ale inrluJed, a5 creditors in the balanre 5heei. k) Allocaiion of support cosis Resource5 expended are allotated to the parricular aciivity where the c05t relaie5 direcrly to ihai aciiviry. However, the c05t of overall difection and adrnin151ration of eaih acrivity, comprising the salary and Iwerhead 105ts of rhe ieniral function, 15 apportioned on rhe follolng basls whlch are an estlmate. based on staff Ilme. of the amount attrlbutable to each actlvlty. Income recelved In advance of the piovlslon of a speclfied servlce 15 deferred uniil Ihe criterla lor income recogThiiion are met. Interest recelvable Interest on funds held on deposll 15 Included when recelvable and the amount can be mea5uied rellably by the Charity.. Ihls 15 normally upen notification ef Iht Interest pald or payable by the bank. Admini5tiation and support cost5 and governance costs have been allo(ated on the propDrtlon of tlffle spent. These costs have then bttn reallocaied to charitable actwities and raising funds on the proportlon of direct expenditure under each activity. 91 Inve5tmeni Income and dlvldends Inve5tTnent InCOTne 15 Included when retelvablt. Governance costs are the costs ass(Kiated with the governance arrangemenis of rhe charlty. These costs are associated wlth constitutional and statutory rtquiremenis and intluée any tosts a$50Clated with the strategic managetnent of th charity's artlvlties. 11 Operatlng leases Rental rh3rges are chafged on a srraight line ba515 ovei rhe ierrn of rhe lease. 74 Foothold Annual Report 2024-25 www.myfoothold.org 75

Notes to the financial statements Notes to the financial statements For the year ended 30 June 2025 For the year ended 30 June 2025 l Accountlng pollclts Icontllluedl 2 Detailed comparatlve5 lor ihe 5taiemeni of flnanclal a￿l￿tIeS ml Repayable loans These are loans thai have been made as pari of our charitable activities and are Included In the accounts at COSI less any Impaiiments and amoun15 Tepaid. An annual Impairment revie¥v 15 undertaken and any irnpairment ¢dentified 15 charged to resource5 expended o 2024 Speirs Permanent Endowment Restricted Prograrnmes Restricted Spelr5 Fund ijnrestiicted Total Outsiinding grants are accounted loi as assets of Foothold. and In SOMÈ cases may bo rÈpaid aftoi morè than ont year fiom tht balanie sheer dale. Inctsme from.. Donations Legaties Chariiable Aniviie5 243,731 236.566 243.731 236.566 n) Llsted Investmtnts Invesimellis ale a loim of basic flnancial Instrument and are Inlllally recognlsed at rheir iransaciion Value and 5ub5equenity fflea5ured at iheir fair value a5 ai the balance sheei dale uslng the c1051ng quoied market price. Any change In fall value I￿11 be recogn15ed in rhe 51atemeni of financial activiries and any excess of fair value over the hisiori< cosi of rhe Inve51mentS Viill be shown as a evaluation rtseive In the balance sheei. Investment gains and losses. wheiher reallsed or uniealised. are combined and shown In the heading "Nei galnsiiiossesl on Investments" In the statement of flnancial activities. The Charity does not acquire put options. derlvaiives or other complex flnanclal In5trumenis. 25.000 25,000 Even15 and Sundry tncome Inwesiment ineing Neurodivefse Fuityres Financial Support 273.743 19.437 23,042 316.222 ol Debtors Trade and ether debtors are ieco9nlsed ai the settlement amount due after any Irade dlscouni ollered. Piepayments ale valued ai Ihe amounl prepaid nei of any tldde d15covnts due. 26.883 37.831 89.087 26.883 37,831 89,087 50,653 1,533,745 50,653 pl Cash at bank and In hand Cash ai bank and cash In hand Includes cash and short term highly liquld Investments with a short maturity of three months or less from the dale of a£quisllion ei opening of the dep¢slt or simllar accouni. 1.370.463 163.282 Toul expendliure 1.798.007 50.653 182.719 23.042 2.054.421 ql Credlror5 and provlslons CrEdilor5 and pruvi5i0n5 are fecognSstd where the chaiity has a present obligatlon resulting from a past eveni Ihai lll piobabtv result In the transfer of funds 10 a th￿1￿ party and the amount due to settle the obligation can be measured or estimated rolkblv. Creditors and provlslons are normally re<ognlsed ai Ihelr 5ettlemeni amount after allowlng for any trade dlscounts due. Net lexpefidiiurell Incoffle before 9alns I Ilossesl on Investments Nei Ilossesl on In¥estments 1882.2 1.067.628 (s￿6$3} 171.7ni 310.150 109.592 362.331 1895.042) T.740.109 Net lexpendiiurel Ilncome Tiansleis be￿ten funds 185.41• 150.6531 238.378 131.598 471.923 845.067 rl Flnanclal Instruments With The exception of the 1151ed Inve51ment5 de5cril)ed ab￿e Ihe charity only has linan<lal a55eis and linarbcial Iiabiliiies of a kind rhat qualify as basic flnancial Instrument5. Basil flnanilal In5rrurnen15 are Iniiially recogn15ed ar iran5aaion value and 5ub5equenily measured ai Ihelr settlemeni value. Net mov¢m¢nt In funds Tot41 funds brought fO￿ard 18S,419 15,123.589 150,6$31 252.425 369,976 3,583.084 340,325 4,640,050 845,067 23.599.148 Total fun<ls cjrried forward Ibs.30*0 201.7¥1 %•S3.1 4.980,371 24,444.211, sl Penslons The tharlty operates a defined contrlbutlon pension scheme. The assets of the scheme are held separaiely from those of the Chaiity In an Independently administered fund. The pension c05r chafge repre5en15 ioniribuiions pavable ynder ihe siheme bv Ihe Charity ro Ihe fund. The pen510n charge In the accoun15 a150 relate5 to ernployee5 who are member5 of the IEE Superannuarion and A55uranre Scheme. a defined benefit pen510n scheme. Foothold Is unable to Identify Its share of the un¢e¥lying assets and Iiabililies In the scherne on a con5151eni and feasonable ba515 10 meet the full requirements of the Flnanclal Reporting Standard on Pensions. FRS 102. Therefoie Foothold'5 COfitribution5 to the siheme are aciounted for as if the scheme was a defined contributloll 5cherne. 76 Foothold Annual Report 2024-25 rwi.myfoothold.org 77

Notes to the financial statements Notes to the financial statements For the year ended 30 June 2025 For the year ended 30 June 2025 3a Analysi5 of expenditvro (current year) Into￿ I (txpt4bd41urel fur iht Thi5 15 5tate¢ afver IharglTrg 2025 20215 Audilor's rtmuneration lexcluding VAT) Audii Undtr proinsityn lor prlty r¢•r Other 5erwce5 10,700 478 4,000 Js•i Analy51s of staff costs, Irustee r•rnunoritlon and expons5. and tho cost ol key majwement porsonnol ps.) 75J SL4fl cosis wei• as lolhy 1¥&1 1025 2024 Salaiie5 4gt% SD(ial 5e(urity (051% Emplo>tr's coniritsJtit￿ io dofinoo contnbuiion ptnslon sihom Redundancy <osts 482,887 49,194 23,734 ij 468.407 582.646 ThE Stnioi klinagernent Tearn'5 ernplryfft remunera14on In<1uding national In5urin<e and pEnslon ioralled £254,252 12024 1228.0891. Fooihold no¥v opeiates a dtlined contributlon pension sthtrne lof ill permanent staff. ID X25 one meffl￿r o15taff12024 I. I70.000-E80.0001 rtttryed a salary tycludlllo nitlonal Insuiance and pension bet¥￿en £80.000 and £90.000. Stall nufflbers 3b An1￿•￿$ ol •xp•ndltu• Iprl•ry•i¥l The •vtr•gt n¥mbtf olemoloytts Iht•tl c¢xtnl based number of siaff emolovedl d￿rIng Iht vtai was 13 1?024 141. Welfary. molovMtnTI No membeis ol the lloard ol Trusiees rectiveé any iemuntratlon for the seThkes to Foothold foi the ￿&r. C•Jfinq the year tiavel and subslstence c05t iolalling 13.543 wtit ItimbuI5ed to 3 Iiu51ets 12024 11.861 ID 4 Irusltesl. and 1914 wa5 Iniuri?d by FoDthold on behalf Df th¢ tiustee5 Ipr meeiings. Iraining re(rL4iirneni co51512024 15.3781. Fooihold pro¥iOe5 an4 pay5 loi tru5tet Indernniiy cover islng ￿￿ty Htalih & Su90 Ih)natl¥hS r m¥d h Trusiees In iht ar ltytillihy É350 12021 14QS1 by 2 rru5tets 12024 41. tsJrihg th ytir. dort41iohs ioiallin9 14,000 ¥￿re ie(dhd Irom i cornpany <ODtI￿led by a trustee 12024 Enlll. 38.976 102.wl .520 4.660 7.11 119.903 9.309 9.073 18.478 4.140 The chirltable Iornpafiy 15 txemo frorn i01porat￿n tax a5 all èis In 1.5JX745 1054.4ti 78 Foothold Annual Report 2024-25 www myfoothold org 79

Notes to the financial statements Notes to the financial statements For the year ended 30 June 2025 For the year ended 30 June 2025 Llsted InvE5tment5 10 Repayable loins 2015 2024 Speir5 Permane EndLwJrnent IRtSlli¢iedl Central Speirs Fund 2025 Total Repayable loans at tht start ol the ¥ar RepaYrnent5 Z61JS• 278.958 Rtpayable kjans at the end of the ￿ar Z45.765 102.358 Falr value at the 5rart of the year Pulihases 14.396,039 4.119,652 610,215 1706.8351 4.894.978 683.197 23.410.669 3.244.605 14.241.529) 1233.874) I l Debtora 12.659,3431 2015 2024 149.9411 13.546.975 3.980.013 4.652.883 22,179.871 Trade debiof5 A({rued Incoffle & piepoYMen¢S Other dtbtois 25.000 426.482 p.000 Cash htld by Invtsiment broker ptnélh9 rtlnvtsiment 733,578 204.253 250.961 1.188.592 179,092 4SY.482 14,280,353 4.184.266 4.903.844 23,368.463 12 Crtdirors.. amtsunrs filllng du Otht ytir 2025 IOZ4 gb Lljttd Investments Iprloi ytirl Sptlrs Pewmantni Trade crtditor5 Qtbtr citdlto i{ruals and dtferied Intome Giants payable 5.196 13.042 46.744 173.408 20.943 24.31Q 49.201 Ceneral lund SpElr5 Fund 2024 Tffjal IResiil(iedl 2Y8.390 307.999 14.122.563 B.099.4QB 18,893,560) 1.067,628 3.742.025 2.436.726 IE.369.2491 310.ISO 4.565.381 Z.17O.265 12.802.999> 362.331 22.429.969 13,306.399 114.065,808) 1.740.109 Purchases Sale5 proceeds 14.396.039 4.119.6S2 4.894.978 23,410.669 Cash held by inve5rmeDt bToker peDdlDg 284.021 62.296 80.673 426.990 Falr value ai the end of tht year 14,680,060 4.181.946 4,975,651 23,837.659 80 Foothold Annual Report 2024-25 www.myfoothold.org 81

Notes to the financial statements Notes to the financial statements For the year ended 30 June 2025 For the year ended 30 June 2025 13a Moyernents In funds (current yearl 14a ANty515 of ￿e1 asset5 b¢tt¥een funds Icurreni yearl Expendiiure & •A l 2024 In(ome & gain5 TraTr5fer5 At XIJWA 202S Énéowment tksi9nattd fund5 aluation Re5ty1ued Geneial lund5 Tot41 funds Restrlcted fund5 1.953 106.T35 122.7SI Repayable granii 245.765 14.280.353 245,76 25.308,46 9S&974" ia9.1841 162.588 4.010.9 4.184.266 1103.33 4.903.844 5.010 4,154.lJ2 Ifth7J5 1303.389) 122.751 Endowmini fvndj 125.JJO 174.0921 Ilet aiSQts at 30 j￿ne IOZ5 4.OaO.929 4.908.862 1.055.297 Z4.571.706 De3l9Dated lunds.. 245.765 14b Amlysls •f assis b+wfi fvNls Iprlor ￿rI Inve51rntn15 12,n7J 13.0S9.117 1•4Ji 1.550AI• es1gnatEd funds XE¥alvaiio resew Restilcted Genoial funds Total funds Revilyaiivn re5eTh Gentral fund5 1986.6911 331.983 1,•$5,297 Rpayablt 9ranis tn¥estmeThts 261.351 23,837,6S9 344.198 4.181.948 4.975.6SI 4.724 1.882.801 Total unF•stFlct•d funds 366.590 T•t•l 24.441.IlS 1.575AaO 24.571308 4.IS4JJ2 4.910.J75 13.059.617 1.8•2.101 366.590 24.M4.215 Tho narfatlvè to oxplain the puiPOSQ of oaih fund IS glvtn at tbt fool of iht nott bèlo¥4. 15 R￿nCIlIatIon of n•t In¢om¢ i 14xp•ndltuty) to net ¢as fl¢WI froffl op•ratlfi9 A¢tlvltles 13b Mowrntnts In lunds Iprf•r y14r) 2024 E¥pendlture & ZO23 Irf¢me & gaihs TiaThsfrrs M )OJwx2024 Il•t lTrcoffl• IN tho fportlng p•rtod l•$ Mr iht sr4¢mn¢ ¢1 An•nd•l actMtl•sl 126.991 845,067 233,874 Speif5 Fun¢ Neurodiveisity Futurts Prograrnmes 421.097 Diw4end5 and In¢erest Irom Invesirnents De(rea5e In iepJ¥oble loan5 Iln(re4sel Derrea5e in debtors IDetrea5tl In ciedltois 252.425 201 772 16.S93 16,600 5.83S.$09 421.097 494.965 oJJJn) 121.042 151.591 4.154.•J2 165.6091 Endowm•ni luTrds Dsi9haiod funils c4sh lu￿ OPlf•llng a￿1￿11￿$ 1724.8781 11,496,OJn f16.6fy11 262.3$1 12.797.25• Inv5tmtnti 1416299) 16 Lo9al statu5 01 iht chartty t3.639.935 (g¢M13) 14•6295) 15.059.617 ThE I￿rity 15 a (ompany limiied bYgilaTaniee And ha5 no %haf¢ capiial. The liability Eackn mefflber In ThE Eveni of ¥￿Tr{lIn9 up 15 IlmitEd io 11. Rtvaluatlon reitTre 1.028.868 Gener41 fund5 954.550 486.295 JG6.$90 17 Condtytnt asst Total uniestrlcted funds ThE of toniiytm isstts at iht balantt sht￿ diie was £180.000 12024 £nill Total lunds QMU21) The Spel15 Fu￿d ha5 a biodder remit than the General Fund In ierm5 of who li assist rt vnll bt used Wimati￿ in tht area OIL4￿. aSSiStante If Tho Neuiodivergilv Fulures PrtsgrAmmÈ Fund IS resTTiciÈd io Suppori Vouw poplt ag*d 16-24 with ntui(x11vetse condiltOTrS alound glob Purposes of endowment fund5 Tht spe￿[5 fund 15 further sub dividtd IntD fund5. SpEIt5 RE51ricled Fund spE1￿ PtrmknEni Endo¥fftni Fund. DÈsl9nated Funds with the value of the In¥esirntnts held at year end 82 Foothold Annual Report 2024-25 www.myfoothold.org 83

66 Foothold can give you stability and support. and not just in the moment. No matter the support you get, it makes a huge difference. They have changed Tristan's life as well as my own they may be able to do the same for you." Paullne, Foothold Community Member Foothold Unit 82A James Carter Road Mlldenhall Bury St Edmunds IP28 7DE WE PLEDGE TO TACKLE FRAUD www.myfoothold.oig R•olsteY•d wlth in f O ?A le O cp FR FUNDRAISING REGULATOR Foothold (Th• Inrtftirtlon ot Engln••rfn9 and T•chnoloyy B•n•vol•nt Reglstered In England. Reglstratlon no. 00441284. Reg15tere(l tharty no. 208925