2024-06-30-accounts

Charity registration number 12Q3684 THE LOUIS.BAYLIS CHARITABLE TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

THE LOUIS BAYLIS CHARITABLE TRUST LEGALAND ADMINISTRATIVE INFORMATION Trustees Mr Peter Sands (Chaiman) Mr J Robertson MBE Mr P Murcott Mrs P A Latfimer Mr M Trepte BEM (Appointed 22 June 2023) (Appointed 22 June 2023) (Appointed 22 June 2023} (Appointed 22 June 2023) (Appointed 2 July 2024) Charity number 1203684 Main address PO Box 4832 Maidenhead Berkshire SL60 1JQ Accountants DSA Prospect Audit Limited First Floor 1 Des Roche5 Square Witan Way Witney OX28 4BE Bankers Natwest Bank plc 66 High Street Maldenhead Berkshire SL6 1QA Solicitor5 Charles Russell Speechly LLP 5 Fleet Pla London EC4M 7RD Investment advisors Investec Wealth & Investment WKI Limited 30 Gresham Street London EC2V 7QN

THE LOUIS BAYLIS CHARITABLE TRUST CONTENTS Page Twstees, report Accountants, ￿pOrt Slatement of financial activities Balan￿ sheet Notes to the financial statements 10-16

THE LOUIS BAYLIS CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2024 The trustees present their annual report and financial statements for the year ended 30 June 2024. The financial slatements have been prepared In accordance with the a￿OUntIng pollcies set out in note note.note01 to the financial statem8nts and comply Mlh the Gharity's goveming polifies. the Charities Act 2011 and "Accounting an.d Reporting by Charities: Statement of Recommended Ptaclice applicable to charities preparing their accounts In accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102). (effective 1 January 2019). Objectives and activities Our charitable objecllve is set out in our Trust Deed of 22 June 2023.. The objects of the CIO are to further such charitable purposes as the trustees shall from time to lime in their absolute discretion selecL Charitable activities This section refers only to the charity and its activities and not to the trading subsidiary. The charity fuffilled its obligations during the period with grants and donalions being made to local charities in th8 sum of £3,080. During the period iwo organisations beneffted from the charity. The newspaper provldes the Trustees with an extensive annual report in regard to rts charitable activities with particular reference as to how local joumafJsm supports the charitable purpose of prowding a public benefit. Indicators, milestones and benchmarks The trustees are satisfied with their grant-making poficy during the past year.They have covered a wide spread of charities and organisations and. although SIgn￿¢ant monetary grants have been rnade. it will be seen from the schedule that they have a policy of making many small grants to local charitable acliirities. Although small in amount, these grants, in many instances, provide a vital stimulus for Ihe tharity workers involved. We are also cognisant of the fact that a number of local Charities have. in a sense, become dependent upon the annual grants from our trust. Such charilies have to provide us with regular aclivity reports and details of Iheir financial accounts. Care is taken to ensure that previous grant monies have been expended for good purpose. Our Gharity will continue its close relationship with the Baylis Community CIC, which publishes The Newspapers. The Trustees are cammitted to ensure that the unique relationship continues. We will conllnue to work closely with The Newspapers who provide an importanl source of publicty regarding our local grants and the impact they have on the community. We trustees are conscious of our responsibilities under the Equality Act 2010. We activety encourage applic2lions for grants from all seotions of the communities of Maidenhead, Windsor. Slough, Burnham, Twytord and Marfow. We do not like to set benchmarks in regard to what proportion of our grant monies are allocated to parlicular needs groups although it is true to say that the bulk of our donations are for the benefit of the elderly, young and disadvantaged. It is not our general pofiGy to make donations to individua]s however worthy those appficants may be. We do not confine our grants to other registered charities. Each application is considered on its merils. Applications are generally dealt with at the two half-yearly meetings although the trusiees have during the course of the past perrod reacted to the special needs of local charities and made emergency grants as necessary. The trustees have reviewed their grant-making policy in fight of the Equality Act 2010 and consider that it IS compliant with the Act. The trustees are satisfied that their policy does not unlawfulty discriminate against applicants wth protected characleristlcs or in any way contravene the provisions of the Equality Act 2010. The tnjslees are aware that the grant-making policy encourages applications from the Royal Borough of Windsor & Maidenhead but would highlight the fact that the grant monies are allocated to all se¢llons of the communty and that each grant is considered on its merits.

THE LOUIS BAYLIS CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Activities and events We have had another suc￿Ssful period and the trustees were pleased to be able lo continue to make grants and donations at a level of £3,080. T.here'contlnues to.be a strong trend of newspaper readers movtng online a5 well as ckssffi8d 2th￿rtISerS movirfrg away from print. To combat these changes the newspaper has had to make some significant changes in staffing, printing and in th& products Ihemselves and continuously looks al new opportunFties to diversify. The trustees are confident that the newspapers will continue to flourish as a community interest company. Financtal review Flnancial results of activities and events Our financial statements outline our income and expenditure (excluding the results of the subsidiary). During the period in question the charitys total incoming resources were £11,131.792, including £11.125,197 of funds transferred from the Louis Baylis (Maidenhead Advertiser) Charitable Trust, with resou[￿S expended of £4,678, including grants and donalions made of £3.080. The govemance costs of the charity were £1,598. The funds of the charity were an unrestriGted general charity fvnd of £556.693. an expendable endowment of £6.547,244 and a permanent 6ndowment of £4,022.177. Goirsg concern The trustees have considered the period of at least twelve monlhs from the date of approval of the balance sheet on making their assessment. Despite uncertainties surrounding the carrying value of the investment'portfolio and. Ihe expected investment income Ihat will be generated from these investments going forwards, the Trustees are Confident Ihat they have sufficient cash reserves to enable to meet liabslities as they fall due. Grant-maklng We have already made referen￿ in detail to thé grants made and the grant-tnaking policy of the trust. The trustees view the grant-making policy annualty to ensure it remains appropriate to the strategic direction of the charity and its objects and thereby advances public benefiL To this end. the trustees annually review the trust's grant-making procedures. Reserves policy The group reserves at the period end We￿ £KX (2023: £14.039,864). Under the temis of the Constitution the trustees are instructed to stand possessed of the trust fund upon trust for the application of the income. Under the temis of the capital donations received from Baylis Media Limited to'Louis Baylis (Maidenhead Advertiser) Charitable Trust the trustees either must or may apply income (unless the tnjstees exercise their power to accumulate income) and also have power to expend part of the (2pital as income. It is the Irustees, intention to dlstribute its income locally and nationally as soon as possible. The trustees are. however. conscious that a number of charities are accustomed to regular grants from the chartty and. as such. does, therefore. carry a certain level of reserves to meet these charities, expectalions.

THE LOUIS BAYLIS CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Investment policy The Trusts prtncipal discretionary fund managers continue to be Investec Wealth & Investment (UK) Limited (now part of the Ralhbones Group Plc) and Quilter Cheviot Limiled. These investrnent funds have similar investment objectives, attitude to risk and Performan￿ benchmarks. The Trustees consSder that as they have significant funds under discretionary management. the Tunning of Iwo porttolios in parallel gives Ihern a usefvl opportunity to compare investment perforrnan￿. The core objedive within both portfolios is a balanwl retum betsveen income and capital with medium risk, with lime horlzon in excess of ten years. The aim of the portfofios 15 to build the capital of the charity in order to diversify the asset base whilst still providlng a level of income lo support charttable purpose5. We have determined that the, perf0rrnan￿ of our portfolios over the long temi should be mèasured against CPI plus 3¥0 to demonstrate whether the portfolio has been maintaining its real value. We have annual meelings with both sets of investment advisors to review asset allocation. investment strategy. performan￿ and benchmarks. At 30 June 2024 Investec Wealth and Investment (UK) Lim￿ed (now part of Rathbones Group Pl¢) and Quilter Cheviot Limlted held under managed funds at a valualion of £10.547,245 compared to a an orlginal historical cost incurred by the Louis Baylis (Maidenhead Advertiser) Charitable Trust of £8.865,708. We Meet regularly to consider the suitsbility of the charttable trusys investments and the rnerits of diversification. In addition lo Ihe investment portfolio. as discussed above. the trustees hold the entirelssued share capital of Baylis Media Limited. There are risks in holding a significant weighting in a single investment for which the trustees have been rewarded by significant payments over the years by way of glft ald. It is a cirGumstance of the charitable tmst but our Trust Deed does not confer power to sell these shares. However. we are aware of our respon5ibiltty to secure the fullest benefit that we can from this holding. Durtng the perrod we met regularly with the board of Baylis Media Limited to consider its performan￿, which for the year to 30 June 2024 has been challenging glven the difficult market ctrcumstances in which the company is trading at the present time. As mentioned earfier in the report, the newspaper buslness has been transferred to Baylis Community Media CIC. Going forward, Baylis Media Limited wi51 essentially be a property owning investmènt company. Plans for future periods Th8 trust intends lo maintain its e￿S1]ng pOr￿Y of grant distributions and to take account of the provisions of the EqualityAct 2010, as previously mentioned in this reporL Our trust will continue to support local charittes during the ensuing year but with an eye also to the needs of regional and national charitie5. We WTII continue to develop our investment policy to enhance the income from our investment portfolio.

THE LOUIS BAYLIS CHARITABLE TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Structure, governance and management Status and history Th8 Louis Baylis (Maidenhead Adverbser). Charitable Trust was established by a Trust Deed dated 31 March 1962 and was the predecessor to Ihe Louis Baylis Charitable Trust. The Louis Baylis Charltable Trust was established by a Trust Deed dated 22 June 2023. In 1962 the proprielor of the Maidenhead Advertiser. Louis Bayr￿, created a Charitable Trust which continues to bear his name.-The chartty's funds constitute a significant investment portfolio, together with the entire issued share capital of Baylis Media Limited, the publisher of The Maidenhead Advertiser. The Slough Express and The Windsor and Eton Express 'The Newspapers.. Clause 2 of the Trfust Deed directs the trusiees to hold their invesfment in Baylls Media Limtted (the "Companfl on trust to apply income in perpetuty for such charitable purposes as they shall. from time to time. in their absolute discretion, select. The company on 1 st March and 5th MaTch 2006, in pursuance of resolutions dated 25th October 2005 made capit donations to the charity, thereby broadening and supplementing the trustees, powers of administration of the assets of the charity. The trustees. have power lo administer the 21x16 donations as a separate and unrestricted fund alongside the charity's permanent endowment. The trustees must apply the Income and may supplement that by expending capital from the fund for the above described charitable purposes. The cornpany in December 2007 and January 2008 in pursuance of resolutions dated 13 September 2007 made additional capital donations. One donation went to the establishment of a pem)anent endowment fund for the charity and gave the Irustees the discretion to accumulate income. Another went to enlarge the expendable endowment fund established in 2006, giving the trustees the discretion to convert to income. These funds are also held for the above described charitable purposes. On 30 June 2022 the company transferred the newspaper business to Baylis Community Media CIC (registered number 14107804). This was after careful consideration of the matter by the directors of the company, who considered that the newspaper business managed by the company could be more convenienlly managed and operated by a Community Interest Company. The objects of the CIC are to Cary on activities which benefit the community and in partiCLtlar (wlthout limitation) to benefrt the comrnunities of Maidenhead. Slough. Eton and Windsor and the surrounding aréas (the communities) through the publicalion of printed and online materials with a non-politicat stance and also othér nan-political journalistic activities by infomiing, representing, campaigning and interrogating on behalf of the communities, being a voice for the local community to express views.and to encourage a cohesive. thriving and supportive communtty spirit. Baylis Media Limited was a wholly owned trading subsidiary of the Louis Baylis (Maidenhead Advertiser) Charitable Trust (Registered Charity Number 210533) ffhe "Charity,) and is now a wholly owned trading subsidiary of the Louis Baylis Charitable Trust (Registered Charity Number 1203684). The trLEStees of the Charity have confirmed their support of the transfer of the newspaper business to the CIC. The Charity is the spe¢tfied a5set-locked body under the Articles ofAssociatlon of the CIC. In June 2024 the assets and activities of the Louis Baylis (Maidenhead Advertiser) Charitable Trust were transferred.. to the Louis Baylis Charitable TrusL

THE LOUIS BAYLIS CHARITABLE TRUST TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Organisational structure The overall Strategic direction of the charity is dete￿ined by the trustees who meet formally at least four tlmes a year to consider and further develop the trus¥s objectives. At these meetings grant applications are considered and grants made. During the course of any period the trustees have a number of ad hoc meetings to consider AT#￿eMergency grant applications and any other important administrative k8sues which need to be dealt with. The trustees do not delegate their authorrty in Tegard to grant decisions and personally ¢onsider all the submissions made and make their determinations accordingly. Our part-time administrator deals with a significant portion of the grant appllcation review process, parbcularly in regard to smaller grant applications whi¢h the trustees do encourage. Our websile and the relevant links to The Newspapers have enhanced our profile in the Royal Borough of Windsor & Maidenhead which is Ihe prtncipal area which we seek to benefft with our donations. The trust is focused on the long-tem goal of social progress and is Gommitted to making a real difference to the fortunes and ives of the inhabitants of the Royal Borough of Windsor & Maidenhead. Indeed. the trust's objects extend beyond the Royal Borough and grants and donations to national charities are considered. Grants are made to national and regional charities. although applicants should undersland that it is still the trustees, poficy to make a greater proportion of Its grant monies available to local chariti&s and organisations. The trustees have no need to create sUb￿0mMitteeS although the wotk of our part-time administrator does lead lo streamlining the grant applications procedures and. indeed, facilitates ease of access for applicants. Method of recruitmenl appointmen( election. induction and training of trustses The statutory power to appoint new and additionat trustee5 contained in the Constitution applies to Ihe charity and is exercisable by the trustees. This is nol a national charity- it is not involved in fundraising and its priFne objeclive is thal of grant-making. It does not, therefore, need an exlensive board of Irustees. The trustees are aware of their responsibilities under the Charities Act 2022. They confirm that they have referred to the guidance contained in the Charity Commission's revised public benefrt guidance when reviewing the trust's aims .and objectives and in planning future activtlies and setting the grant-making policy for the period. We will keep under continuous review the question of recruitrnent, appointment, election, indudion and training of trustees and ensure that we.trustees keep up to date in regard to the changing world of charity law and administration. The charity has a wholly owned trading subsidiary Baylis Media Limlied, whose results are consolidated in the financial statements for the trust. The principle activity of Baylis Media Ltd up to June 30th 2022 is that of newspaper proprietors and subsequently a property inveslment company. The company, in addition to the newspapers. wholly owns ￿0 subsidiary undertakings, both of which are dormant and a participating interest in Thames Valley Independent Media Ltd. The vo subsidiaries and the participating interest have been transferred to the CIC. With effect 30 June 2022, the newspaper business was transferred to the Baylis Community Media CIC. The intellectual property rights of the newspapers have been retained by Baylis Media Ltd and li￿nCed to the CIC. Risk and corporate governance matters As detailed earlier in the report the newspaper business has been transferred to the Baylls Community CIC. Our chairman, Peter Sands. is a member of the CIC. Thus we will continue to have a close relationship and to support their charitable activities by way of grants. Going fotward Baylis Media Limited will own the Bell Street properties and the inlellectual property rlghts of the newspaper. Truslees P. J. Sands and P. W. Murcott together wtth M. R. Trepte appointed 2 July 2024 will continue as directors of Bayli5 Media Limited. Relationship with other bodles We are primarily a locd charity and are not represented on regional or national bodies. The trustees do not see that as their purpose.

THE LOUIS BAYLIS CHARITABLE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Relationship with related parties The trust wholly owns Baylis Media Limited. Three of the frustees, P J Sands, P W Murcott and M R Trepte, are members of the board of the company with P J Sands being the non executive chainnan. Baylis Media Limited owns anij manages the Bell Street properties. They also own the intellectual property rtghts of The Newspapers . The tru51ees' report was approved by Ihe Board of Trustees. Mr Peter Sand5 (Chalman) Date:

THE LOUIS BAYLIS CHARITABLE TRUST CHARTERED ACCOUNTANTS, REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE LOUIS BAYLIS CHARITABLE TRUST FOR THE YEAR ENDED 30 JUNE 2024 In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the financial statements of The Louis Baylis Charilable TTust for the year ended 30 June 2024. whlch comprise the statement of financial activities and the related notes from the charity's a¢o)unting records and from information and explanation5 you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at httpsJfvMW.accaglobal.cornlgblenlmemberlstandard￿rUle5- and-standardslrulèbook.html. This report is made to the charity's Irustees. as a body. in accordan￿ with the terms of our engagement letter dated 14 December 2023. Our work has been undertaken solely to prepare for your approval the financial statements of The Louis Baylis Charitable Trust and state those matters that we have agreed to state to the charitys trustees, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at httpS:Ilwww.accaglobal.comlcontenUdamlACCA_Global￿eChnlcavfa¢UteChnlGa]-factsheet-I63.pdf. To the fullest extent pemittted by law, we do not accept or assume responsibility to anyone other than The Louis Baylis Charitable Trust and the charity's trustees as a body, for our work or for thi5 Teport. It is your duly to ensure that The Louis Baylis Charitable Trust has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabililie5, financial position and surplus of The Louis Baylis Charttable Trust You consider that The Louis Baylis Charitable Trust is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examinerfs report. We have not been instructed to catry out an audit or a review of the fJnancial statements of The Louis Baylis Charltable Trust. For Ihis reason. we have not verfied the accuracy or completeness of the accounting records or information and explanalions you have given to us and we do not. therefore. express any opinion on the statutory financial statements. t)SA ProspectAudit Limited Chartered Accountants First Floor 1 Des Roches Square Witan Way Witney OX28 4BE

THE LOUIS BAYLIS CHARITABLE TRUST STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024 Unrestrlcted Pern￿nent . Expendable funds endowment endowment 2024 2024 2024 Total 2024 Income and endowments from: Investments Other income 6,595 555,776 6,595 11.125.197 4.022,177 6.547,244 Totsl income and endowments 562,371 4.022,177 6,547,244 11,131,792 Expendlture on: Charitable activities 5.678 5,678 Totsl expenditure 5,678 5,678 Net income and movement in funds 556,693 4,022,177 6,547,244 11,126,114 Reconciliation of funds: Fund balan￿S at 22 June 2023 Fund balance5 at 30 June 2024 556,693 4.022.177 6,547.244 11.126,114 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activilies.

THE LOUIS BAYLIS CHARITABLE TRUST BALANCE SHEET AS AT30 JUNE 2024 2024 Notes Flxed assets Investments 11 10,569,422 Current assets Cash al bank and in hand 559,192 Creditors: amounts falling due wlthin one year 12 (2,500) Net current assets 556,692 Total assets less current liabilities 11,126,114 The funds of the charity Expendable endowment Permanent endowment Unrestricted funds 13 q4 15 6,547,244 4.022,177 556,893 11,126,114 The financial statements We￿ approved by the trustees on ............. . Mr Peter Sands (Chairman)

THE LOUIS BAYLIS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Accounting pollcles 1.1 A¢¢ounting convention The financial statements have been prepared in accordance with the charty.'s.goveming document.. the Charities Act 2011. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. {°FRS 102.) and the Charilies SORP "Accounting and Reporting by Charities: Stalement of Recommended Practice applicable to Charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to Ihe extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Pr2¢tice for charities applying FRS 102 rather than the version of Ihe Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial stst6ments are prepared in sterfing. whlch is the functional currency of the charity. Monetary amounts in these financial slatÈments are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements. the trustees have a reasonable expeclation that the charity has adequale resources to continue in operational existence for the foreseeable fvture. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Pemianent endowment funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the Festricted funds are set out in the notes to the financiat statements. Expendable endowmenl funds are subject to specffic Conditions by donors that the capital must be maintained by the charity. 1A Income Income is recognised when the charity is legatly entitled to it after any performance conditions have been met, the amounts can be measured rellabty. and it is probable that income will be received. Cash don8tions are recognised on re￿ipt. Other donations are re¢ognised once the charity has been notified of the donation, unless performance conditions require d8ferral of Ihe amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the time of the donation. Legacies ere recognised on re￿Ipt or otherwise if the chartty.has been notified of an impending distribution, Ihe amount is known. and receipt is expected. If the amount is not known. the legacy is treated as a contingent ass8t. 10-

THE LOUIS BAYLIS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accounting policies (Continued) 1.5 Expendlture Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a "'Ihird paty, It Is probable that a transfer of èconomic benef5ts will be required in settlement. and Ihe amount of the obligalion can be measured reliably. Expenditure Is classified by activity. The costs of each act[￿ty are made up of the total of direct costs and shared costs, induding support costs invotved in undertaking each activity. Direct costs attributable to a Single activity are allocated directty lo that activity. Shared costs which contribute to more than one activity and support costs which are not attributable lo a Single acti1￿ty are apportioned be￿e&n th05e activities on a basis consislent with the use of resources. Central staff costs are alloGaled on the basis of lime spent, and depreciation charges are aIlocated on the portion of the asseys use. A subsidiary is an entity controlled by the charity. Control Is the power to govern the financial and operating policies of the entity so as to obtain benefits from its actiwties. 1.6 Cash and cash equivalents Cash and cash equtvalents indude cash in hand, deposits held at call with banks, other short-term liquid investments wlth original maturilies of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Basic financlal assets Basic financial assets, which indude debt0￿ and cash and bank balances, are initially measured at transaclion PFI￿ including transaction ¢051s and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financlng transa¢tton. where the transactlon is measured at the present value of the future receipts discounted at a matket rate of interest. Financial assets classlfied as receivable wtthin one year are not amortised. Basic flnancial liabilities Basic financial liabilities, Induding creditors and bank loans are inifially recognised al transaction price unless the arrangement constitutes a financing transaction. where the debt instrument is measured at the present value of the future payments dIs￿u￿ted at a market rate of interesL Finanoal liabilities classffied as payable within one year are not amortised. Debt instruments are subsequenuy carried at amortised cost. USTng the effective interest rate method. Trade credTiors are obligation5 to pay for goods or 5eTrfjces that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classffied as current liabilities rf payment is due within one year or less. If not, they are presenled as nonwcurrent liabllities. Trade creditors are recognised Iniliaily at transaction price and subsequendy measured at amortised cost Using the effeclive interest melhod. Derecognition of ffnancial liabilfties Financlal liabilities are derecognised when the thartty's contractual obligations expire or are discharged or cancelled. 1.7 Employee benefits The cost of any unused holiday entiuement is tecognised in the period in which the employee's services are recelved. Tennination benefits are recognised immediately as an expense when the charily is demonstrably committed lo lerminate the employment of an employee or to prowde temiination beneffts. 11

THE LOUIS BAYLIS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 CritiGal accounting estimates and judgements In the application of the charity's accounting pollcies. the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are nol readily apparent from other sources. The estimates and associated assumptions are based on historicai experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estirnates and underlylng assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the eslimate is revised where the revision affects only that period, or in the period of the rev5sion and future. periods where the revision affects both current and future periods. Income from investments Unrestricted funds 2024 Income from listed investments Interest receivable 5,290 1.305 6.595 Other income Unrestricted Pemianent Expendable funds endowment endowment 2024 2024 2024 Total 2024 Transfer from Louis Baylis {Maidenhead Advertiser) Charitable Trust 555,776 4,022.177 6,547,244 11,125,197 12-

THE LOUIS BAYLIS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Expenditure on charitsble activitses Unrestricted funds 2024 Expenditure Sundry expenses Bank fees 45 53 98 ' Grant fvnding of activities (see note 6) 3,080 Share of support and governance costs {see note 7) Govemance 2,500 5,678 Analysis by fund Unre51ricted funds 5,678 Grants payable Grants & donations 2024 Local Charities 3,080 3,08D Governance costs 2024 Accountancy fees 2,500 Trustees None of the trustees (or any persons ￿nnected with them) reCeI￿d"anY remuneration or benefils from the charity during the year. 13-

THE LOUIS BAYLIS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Employees The average monthty number of employees during.the year was- Number Total , There were no employees whose annual remuneration was more than £60.000. 10 Taxatlon The charity is exempt from taxation on its activities because all its income.is applied for charitable purpos8S. 11 Fixed asset Investments Listed Other investsnents investments Total Cost or valuation At 22 June 2023 Additions 10,547,246 22,176 10,569,422 At 30 June 2024 10.547.246 22.176 10.569,422 Carrying amount At 30 June 2024 10,547.246 22,176 10,569,422 2024 other investrnenls comprise: Notes Investments in subsidiartes 18 22,176 2024 Listed investments induded above: Listed investments carrying amount 10,547,246 12 Creditors: amounts falling due within one year 2024 Accruals and deferred income 2,500 14-

THE LOUIS BAYLIS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 13 Expendable endowment Expendabl& endowment funds represent assels whlch must be held pennanently by the charity. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund." At 22 June 2023 Incoming At 30 June resources 2024 Expendable endowmerrt 6.547,244 6,547,244 14 Pennanent endowment The pemianent endowment fvnds of the Charity cornprEse the unexpended balances of donations and grants held on trus1 subject to specific conditions by donors a510 how they may be used. At 22 June 2023 Incoming resources At30 June 2024 Permanent endowment 4,022.177 4.022,177 15 Unrestricted funds The unrestricled funds of the charty comprise the unexpended balances of donations and grants whlch ere not subject to 5pecifi¢ conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for spe¢ific purposes. At 22 June 2023 Incoming resources Resources expended At 30 June 2024 Unrestricted funds 562,371 (5.678) 556,693 16 Analysis of net assets between funds Unrestricted Pemiaftent Expendable funds endowment endowment 2024 2024 2024 Total 2024 At 30 June 2024: Investments Current a$setslOiabilities) 4,022,177 6.547,244 10,569,422 556,692 556,893 556.693 4.022.1T7 6.547.244 11.126,114 15-

THE LOUIS BAYLIS CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 17 Related party transaGtions There were no disclosable related party transactions during the year (- none). 18 Subsidiarie5 Detalls of the charity's subsidiaries at 30 June 2024 are as follows: Name of undertaking Registered office Nature of business Class of '/• Held shaps held Direct Indirect Baylis Media Limited UK Publishing of newspapers OrdinarylPref 100.00 erence 19 Audit requirement These accounts have not been audited as a standalone charity accounts but the figures have been audited as part of the consolidation with Louis Baylis (Maidenhead Adverttser) Charitable Trust within the accounts prepared to 30 June 2024. 16-

LOUIS BAYLIS (MAIDENHEAD ADVErnR) FINANCIAL STATEMENTS FOR THE YEARENDED 30- June 2024 REGISTERED CHARITY NUMBER210533

LOUtSBAYLTS OWDENHEADADVERTJSER) CHARITAJLETRUST ATrINUAL TRUSTEES REPORT FOR THE YEAR ENDED 3UTH JUNE2024 The BoaTd of TThsttts of the Louis Baylis (Maidenhead Adverttserl Charitable Trust and the Louis BuylTS Chafitable Trust pre5entthe report for the period ended 30 June 2024. lOgether￿th the audited fin8a¢i￿ stateJn¢nts for the year. under the Charities Act2022, 8ndAccountitJg 2lldREPOrting by c￿1$[e&. StateTllentofRecollllucudEd Prncticeapplie£bleto charitles preparing their accotmts in a¢cordttwe iyhth the FiuanGiaJ St8nd8rd gppli¢ab]e in the UK and RepubIic of Lrelattd effeclive January 2Q18 (Charities SOIiP (FRS102)). The tru5teesoftboIA>uisBAylls (m81denl￿8dAd1KrtjSer) Charitable Trnst whohavehe1doffi￿5i￿￿ L y￿Y areas follow*. P J Sands Pwmurcott Mts PALattitner JRobertson BIBE Trnst¢ The trustees of the Louis Baylischatitabk Tn￿tvA￿have hEld office since 22Jung21Y23 a￿ asfollow& P J Sands P Wmurcott Mrs PAL8ttimer J Robertsoo MBE M R Treple Ttustee Trn￿ee TnLtr(Appoillted2 July 2024) The addre5sfor lh¢ clwities is PO Box 4832MaTdenlwd. Berkshi￿ SL60 IJQ. TheHrbsit¢ address is www.louisbaylistrustory.uk The Louis Baylis (MaidenheadAthertiser) Charilable TT[￿]Sre￿stered undertheclwrity nurnber210533. TheLouis B￿liS Cboritsble Trustls reglstord vndeTthe cl)aTity number 1203684 The trusteeshave made the fiJJkjwillg.pYoft￿10l￿I appoinfllv Cborfes Russell Speechl)% LLP, 5 FleetPl&x IA)ntho EC4M DSAProspe¢tAuditL1mite￿F1[$tFl0Or, l DesRodm Squar4WIt￿Way.withey. OX28 4BB NatWebtB8ttk pl< 66 StTr¢L m81denhe￿ IQA COIF Ch2ritiesDep)sitFunl 80 CheapSide.Lond0￿ EC2V6DZ Investec Wealth And JnvESt¢M¢nt (UK) LI￿ited (Nowp#rtofRathbones GrouppE¢X 30 Greshajn Stttt, EC2V 7QN QuilterChBvtotLimits& 85 WictOTiaStree¢ LIMdo￿ EC4A4AB Auditor. InvB5tment Managffls: l)ur part time administratoz. Mr Bichard Cuny. is Tr5p0￿7)le for the d&y.trtrday owwEem¢nt of the trusts, 8ctivitie4 Ivith parttcularrespollsibt]ityforthethinlstTrtionof￿tappjieuti0rtp[O1XdWalld grdjrtdistributions. Richard cattbe contacted via eEnail OTr 1nfo@louisbaylistrusLo￿llk. Grant app]ication fonn5 are avaJl8ble vi&ourwebsite8rsdwe stroDgly Tcwnwd Iheu5e oftlwttforms8slheproper ¢hatmelforappSicationsto the Tru5L Cért&iD IFtaiJ8geiueiitTrsponsibilitse5 are catried outby C¥thHale LLP. Chart￿￿A(￿￿Ltant4 the busin&5S to whiohthe trustefy P WMurcot¢ provide5 wnsultaTrcy serviLZS

LOUIS BAYLIS(MAIDENHEADADVERTISER) CIIAiUTABLE TRusr ANNUAL TRLIST£ES REPORT FOR TIIEYEAR ENDKD30TH JUNE 20 Statss And History The LOuisBaylis(M8idenl￿ Advertiser)Cbgritable Tsfjstwas estabIishedby aTrust Deed dated31 March 1962 find was the pEd£cwor to theiA)uis Bwlts CharithbleTmsL ThE IAJuis BaylisCharit&ble TFUStwas establishEd by ￿Tn￿l deed dated 22 J￿e 2023. In 1962 the proprietor of the MaidenheadAdveEty4er, I￿UlS Bayli% created the Clwit2ble Trust which colllinues to bear his name. The ¢baritiEs' fimd8 ¢onstitute a signifieantillvestsnent portfolio. tsJgeth¢r with the erttite issu¢d 5harc c8pitsl of Baylis Media Limite¢L the publisher of The Maidellbe8d Adyertiser. The SI0￿(￿h Expw llnd The Windsor and Etoll Express 'The Newspapers,. Clause 2 of the TnL8t Deed dire¢ts the to hold thelr Inv￿t5￿crt in Baylis PAedta LiDlited (th¢ ompany? ontnwt to apply incomeinperpethity forsuch ¢I￿ritablepvrpo￿astheY shalL from limetotitn< intheirabsolule discretion4 sel¢rt. The eompw on ISI March alld 5th March 2006, In pw5uw Orr￿￿tIOnS datsj 25 Orfober 2005 ]nade ¢apitsI doDaiions to the LouisBAylis (Maidenhcad Advertiser) Clwimble Tn￿l that subsequendy tran$re￿d to the Louis Baylis CharÈtable thereby broadéning and supplementing the trustees, powers of administration orth¢ awtsofthe ¢haritiCs. The trustees hayepowutoadmittiskrth#2006 dtinationsasasepatateendurtrestixtedfiwd alongside the cljarities, perll￿ ¢lldowmenL The trLLStees must apply th¢ income and n]ay sy)pkm¢nt th21 by expendi￿ czpilal from the fimd for the •knvc Qescribed haTitable pu￿%5. ThB COllLP4Dy in Decetnber 2007 aod Ignuory 20D8 in purSuaa￿ of T¢501utioL% dated 13 Septernb¢T 2007 additional capitsl doDalions. Oo¢dollatIonw￿t to the est8bJishmentofapcnJAnentendOwD￿tfllndfOrth¢ cknrity3ndgavethelw5tees tbe disLT¢lionto tCGUUkuiat¢ Anoth¢rweDtI(> ¢Ellarge th¢expendable ¢ndfflvJn¢ntftwd est&blish¢d in2006. giving the trL8¢¢¢5 the discretion to wllvert lo Incon￿ These ffijnds were also held for the above descrkned ¢h8ritabk purpose. These fimds were 0ri8fftllally N¢ived iti th¢ Louis Baylis Advertikr) (%￿itsb￿ TnL%t and subsequendy trensf¢ryed to the Lotiis Baylis Charitabl¢Trusi OD 30 Jun? 2022 th¢ company transfE￿d the newspaper busine55 to Baylis CommunÈty Media CIC (re8]5t¢d nunber 14107804. This 8fier careful c¢)nstdeMion of the o]atter by the direcrots of the ¢ompRlly> who considered that the newspap¢r busin￿8 man2ged by the company wuId lje nwre mn¥eni¢titly nwtd and operatrd by a Commijnity Intettst Company. The objeasoftheCIC2refo ¢arryon£etivititswhichb.nefitth¢ commullityandAoparticulBr{With0￿1iM1tlltion) to benefit the conullunities of Maidenhe4 sloug￿ Eton and Windsor and thtr surrou[￿Illg areas (th¢ cornrnunities) through th¢ publicaiion of printed ￿ oJ)lirte with a non-politicaj stonce 2nd aLw other notL-rA)litical journalistic activities by informing, repr&￿￿tin￿ campai￿ing and inte￿ogating on ttbalf of the communiti¢4 bBing a voice for tbe lo¢ai comTruDity tty express views 2nd to ¢J￿OUr8gc a ryJh¢5iv4thivAng al￿ 3uppotliv¢ ¢otDmutiity SPiTiL Baylis Media Liwit¢d WBS a wholly owixed tr￿ing subs1(￿ary of the Louis Baylis (Maidenhead AdvertTser) Charitable Ttllst (ReEiSt¢ffd Ch3Tty Nllmber 210533) TbaTity") alld is uow a wholly ON￿ed trading wbsidiary of the Louis B&ylÉs Charitabk Trust(Register¢dChartyNumber1203684). Thets￿￿teesOrtheCI￿IIÉts have r￿￿rUrnedtbeirSuPptsrtofthe trDn5fer ofthBnewspapertotheCtQ The Charity istbespecifitA85set-lo¢k£d body uutsthe Articles ofAs50ciation ofthe CIC. In Jwie 2024 the £s5ets and actlviila of the Louis B2ylis (M2idBnltr8d Advertiw) C￿1fabk Tntst wer¢ Itonsfen¥d to tbe Ltsuis Baylls Ch2Titable TTUSL

IAIUIS BAYLIS(IIIAIDENHEAD ADvERTIsER)cHAR￿ABLE TRUST ADINUAL TRi7STELS REPORT FOR THE YEAR ENDED 30TH JUNE 2024 Organi58ltonglStrnctsre The oveTaIl sttategi¢ direction of tbc chorilies is determitied by the fnLS meet forn]Hlly at least four ttme5 A ye8r to ¢on5ideT a7Jd furth¢r d￿elop the trusts. objeEtive& At thue meetiogs ErnAt appIl￿tIonS are considtrcd artol gtAnts made. During tho ¢ourse of the any p￿]Qd the truse5 h&Ye &number ofad hoc meetings 10 Wllsider emergen￿ grant 8pplicatiorL$ nd any otb¢r 2mporlant administrative issu&s whi¢h necdkn be deah MtiL The tn￿tee5 do not delegate their authority ID regard to g￿t decisions all6persoDally ctlll5id¢r all thesEthmiYsions mad¢.alld..&' t.ry￿¥.. ake their delerminatiODS aecordingty. Our pgrt-time adEnIn￿(jr deals with a signifiwil portion of the graot applicarfon revlew pro¢es4 partioJ]2rly in regard to 5u]aller gMt app]ieations which the trt]ste¢s do eno)llfdg¢ Our website 8nd the relevantlinks kn The Afewsp¢7perJhave erthanced ourproffle in the Royal BoroDgh of Windsor and Maidenbead which is the principal area whichwc seekto benefit wAtbourdon8tton& The truslsarefocu5sedonthekJtig-t¢rnigo8lofsoci8lprogres5 and are wrnn)itted to making a rcaI to thc forttjpes and Itves of the inh2bitstits of the Royal Borough of Windsor And Maidenhead. Indert the Iwsts, objects extethl bEyond the ROY￿ Borougb 2nd graDts and donattoTh8 trj naliona] charities ollsidued. GrantsATE made to D8ttonaland reBTDDa] chatities, although applÉcantsshould mJder5taDdthatitisstilltke trustee polt¢y to rnEke &greater proportion of its ET8nt]noDies available to local charities and organi58tions. The trusfeesh#ve no lle¢dto crnte sub.committees ￿thOught￿e workofourpart-time administrator does lead to streamknTng thB grant 8pplirBItODS procedures an4 1ndtt￿ faciIitstes ease of acc¢5s for applicants. Method ofRemiifmenCAppointtneDt, Elect10￿ Illduttion andTrnittZngo￿r￿$lees The Sta￿tOry poKr to appoint aew 3md additional tn￿1¢￿5 contained itt th¢ Tn￿e Act 1925 Applles to the Louis Baylis (Moidenhead Advertiser) at9ritabl¢ Tn￿t and ts exerci￿ble by thetsvsttes. The sthtory Pov￿rt0PpolTrtTreWartd addTliono] tru5te¢s contsilled inthe Conststiknn 4y]ie5 to the LiJuisBay]t$ Charitable Trust End is exercisable by the tr￿S￿e5. The￿ are notnationai ¢hariW they ore not involved IR finthiswg and their obieotry￿ i% thatofErolltThak￿g. Th do no¢ therefore, need all extefftsive board of trusfre& The1￿St¢V5 aroawareofthÈirrespJnsbJ ilitiesDndertheChariti&sAct202Z Theyconfinnth8tth¢yhaveTefertedtotheguidance ontained iti the Ch8rity Commission's revised public benefJtBlltdan¢e wben xcviewing thetsusts, gim5 gnd objectives al￿ in plattning futh aclivities and settiftg the ￿t-mak1t)E policy forthe ￿i0d. We will keep under Continuous ￿vieW the question of rE{￿lt￿]en4 eppoilltmenL election. indu¢tion Ond training of trustees and ensure tbatwe trnstee5 keep upto date in reg￿d to the chBTsgiug MDrld of chBrAty lawAnd othnillithtion. The Louis BayJi5 (MaidenFAead Advertlser) ataritsble TntsL buEtsequeDtty 1he I￿lS Bay1￿ Charitable T￿51 bas a wholly owned trading subsidiary Baylis Fthdia Li￿lIe4 whose reyJIts ar¢ ¢onwlidatEd iDthe fjnancial stthents of the trwsL Theprinciple activity ofB8ylis Medi&Ltd nptoJune 3(VL 2022 WLS th8t ofnewspwpttbprietotsattdsubsequentEy &pm investment comp3ny. The ¢ompatty, in addition to theneW5P8pe￿ wholly OYA￿twO subsidiary undeEtaking& both ofwhich aTe dorma0( and a participating inlergstin ThaMesV￿IeY lodependentM¢dÉa The tWD 5obsidwi¢5attd the participatiDE inteRst have been trBn5fened kn the CIC With effert 30 June 2022 the n¢Rwperbusiness trausfetred to the Baylts Community Media Ctc. Ihe intsllectual propErty rights of the n¢wspw have been retained by Baylts Media Ltd 8nd liCell￿d to the CIQ Rigk and CorpDr8te CoverDADeeiMatters As detailed earlier in the report th¢ o¢w5paper iwiness beer4 traosferzed to the Baylis Conrounity CIC. Our chaimia Peter S8nd&isamemberoftheCIC. Thus1ve￿11t￿￿t1tiO¥t0 havcacl0se￿l8t1olLSblp wlto support their ¢harithblg8vtivities by way of gran

LOiYJSBAYLIS (MLIDENHEAD ADVERTISER) CHARITABLETRUST AN￿￿AL TRUSTEES REPORT FOR THE YEARENDED30TH JUNE 2024 Rigk and Coryorate GoYewn8nceM3tters (contiolled) Going forward Baylis MediiLimited ￿11 own the Bell StsxtprDp¢rtres ond the illtellecknlll pioperty rights ofthe newspgper. TrusteesP.J. SaTrdsaTrd P. W. Murcot4 togetherwith1￿ K Tr• appointed2Juty 2024, will coniillue &8 d1￿ctO￿Of Baylss ediaLimite 'Trnsties' Respollsibijities ID thtPrepaMthtt OfF1DaE¢i￿ Stst¢DwIts The tn]si¢esaTr t¢spoJ!sibk forpreparing th¢ TDts' knnualReportaodfiu¥ouio1 5tal¢rnentsin.ac¢ordan￿Wlth 4ppli¢oble. law attd Unit¢d Kingdom Accounting S¢8lld#rds (Ufjited KD￿d0￿ Generally Aceepled AccountÈngPA¢iicel The law applicable to charities in and W21es Teqoires the ttustces to prepare knial stateuwts for fill￿GIal period which give A true 3lld fair view of the stale of Afftiirs of the gtottp and charities aDd of the tncoming Tcsources and applÉcation of tesourcesof the ¢bariliesforthalperio& luprep￿ing iknfitlaocial ststrmen4 th¢ t￿￿eeS att required to: (a) sel¢¢l suitable account1kg￿lIcics&Rdthe0 appty them c4)Ds¢sIEtrtIy: (b) Dbsetyethe rnethods 8ndprinciples in the Chdrilies SORP. (c) make j[￿gem¢llts 8nd estill￿￿ that ar¢ rwoDable andprudeD¥ (d) state whether oppjicable accounttttg st8aduEd5have been foUowe(L sllbjectto ally materiBi departure$ disclosed and expjained ia the rm￿claI ststhen (e) prepare thefit￿le1aI slatemtyoTh thegoiti2 ￿nc￿nbaSiS Jjtdess itiSiDapproptito p￿u[ne thatthe charity will The trustees are respons￿1 le for maiELtaining proper attoutthig records which disclose with Teasortgble AecuTacy at atty lime thc fJnancial position of the group and chariti&s aod w ethk th¢]n to ettwre that the thJaDcial staternents comply with the X¢qllirements of the Final￿JaI R¢porting Standard applicable tn the UK and ￿p￿b]I¢ of heland effetttve l Januory 2019 {Charities SORP (F]iS102)) a￿d the provisions ofthE trust dec￿ They are akn wionsible for Safes￿ding the Lssets ofthe group and cbazities and hence fortsking ￿$0￿ab￿stsp5 forthe prevention and detedioTr of fraud and Oth¢r1￿¢8￿1ar1ties. Stateme#t AS to Disclo&ureollllfomatiokn to theAudiior The tnjstees who were in otTice on the dal¢ of 8PPTov81 of these fjnau¢1￿ stafements have confinned thaL as far as they'are awEre. there is llo ￿￿Vont audlt itifollnation of which ihe aUdI￿r ts Ullaw￿. Each ofthe Inistees bav¢ confJTmcd that tbey 'have taken all th¢ steps that th¢y ougbt to have taken &8 Irost￿5 ill OTder to Jnake them5elv¢5 &war¢ of ony relevant audit ithfollnation and loestablishthat ith&% bteD etijDrri￿to tbeaudik)r. Audltor The auditor, DSA ProspectAlldit Lirytil¢4 Ch0rttt￿ certtfjed acco• ha5 indicated their wllIingDess to cuntinue in oifi¢¢. Charitsble ObAediYes The LouisBaylis (MaidenheadAdvertis¢r) thatitableTrust C1￿11able obje¢tiv¢is setoutin ourTtustDeed of31 March 1962: The tril￿¢$shUlls1Ol￿pU&EE5s£d0￿the irusifundwn trustfor the oppli¢ahon of the iAcomg thereDfihpErp¢fyityforsrKh cknrilabl8purposesoslh¢trust8fJshallfromlimelolimeiK iheirubs01￿e(fjSCrerfonseI¢d bvidwingthe lifeiim¢ ofth¢s8ttlor subjeetlo hidLfrne¢ion alldapproval. OllrsettIor died in 1974. ' TheLouis Baylis Charitable Tnjst charitable objective isset otEt inowTn]stDeedof22 June 2023: Theobjeets ofthe CIOor lofvrther suchcharitablepurpom as ilx trusteessknllfrom tirne.10 time Inthewabsohtse di5crElion selee¢.

LOiThS BAYLIS (MAIDENHL4D AIiVERTISER) CHARTTABLE TRUST AiYNUAL TRUSTEES REPORT FOR THEYEAR ELYDED 30TH JiNE 2024 Charitsble Adivitics ThiSsection￿$ onlyto th¢ ¢lMr1ti&s￿jd theiradivibesattd notto thetradllg sllbsith￿. TheL¥JuisBaylls (Maidenhe8dAdvertiser) ClwliabkTrust fu1filledits4jbl￿rytI0￿Sd￿Ill#th2p2TiOd￿lthEr￿ ￿ tlonations eing made ts IOCAI and Dationat ch￿ltieS in tb¢ sum of£326,610 85 compared to £3W95 in the previousy¢ar. Duringthe period some 132 (2023- 121)Wg￿lsatiOnsb¢nerrted ftomthe cbority, ofwhich2 (2023: 3) for £10,000 ormo The Louis BAyliy Chari¢abi¢ Tn￿t fi￿rI11e{l its oblig82ions during the rLriod witlL grollts and donatio￿S beTng m.ade to local" ¢haritie5 in the Slml of £3.080. During the period two otgtUiSTliolls benefited from tbe chaTity. ThE Louis Baylis (MaidEnh¢adAdvertiser) Th8ritoble Tr￿made gtaAts and &)natioD5total]illg£l 1,500 (21r23: £II.000)to 7 (203: 9) natitinal chJTitie4 £20.500 (2023: £20110) tnaggrEgat¢to11 (2023: 10)Tegzonal ¢lJ8tities and atotal of £294.610 (2023: £290,785) to l29 (2023: 102) lo¢al charities andOrgani￿lOn Du7ing the course of the p&%tycarthc I￿15 Boyjis (Mpidenbead Advertlser) C]J8tilable TnL4t has LxJtttlnu¢dto support local and national charities atth¢ same level &$ thepreviousWTiI)(L Wecontinueto support CilizEDsAdviccEastBerks with agtXDt totslling£25,000 (2023: £11500gnd £13,50D to Ci(rxu5 Advice Bureau maid￿￿ead}. The Sx•uisBay]i5 (Maid¢nlRad Advertiser) a)8ritoble Trustlms Continued to gjpportregiond ¢kniti* for exomple grdots of £2,000 (2ff23: £2,000) 10 Th8mes ValleyAirknbulaDceand£&COO (2023: £5,OiKI) to Thamtsllospic Th¢ L￿UlS B2ylis Imaidenhead Advertiser) Clwitsble TNst has cootinued to sw)port our IDc81 mobility charity, People to Place4withagrantof£9.050 (2023: £17,125)aThJAlex8llderDevine Cbildren'sHospiceServi¢e£5,000 (2023: £5,QOQ). Onanational level theLouisBaylis(MatdenheadAdTyerts5er)CbaTitzbleTrnst]w4wntinuedfts 5UPPlrtthe Great Ornondstreet Hospitsl forChildEEnwithadonationofQl)00 (2023:QOOO)anda£3.00012023: qOOO) donationto T8rget0v￿18ll CHncBr. DurlnB the yEar the Louis Bayti5 (Ma?deDltead Advettiser) Charitsble T￿￿￿ a grdut of £IOO,000 (2023: £IOO.QOO) kn the Baylis Comllsunity Medi& CIC to support them in theit ¢baritable activities with particular Ter￿¢neE to prnmot¢ ¢iliz¢n5bip and ¢iYicrespowtbilityfindth ell￿urage andfacIli￿gillf0mIedpzrtlGlPatioTr3Qd engagementbymejnbgrs of the publi¢ in th¢ communities of Maideohe4 Skjugl Eton alld Windsor aDd th¢ surrouudxti8 8rea5 (the Communities) thtougbth¢publirationofprint¢dandottli#enulerialsasHlotheriournati5tiG ad1vit￿S for ¢he benefit of the Commuthes. The new5papBr prOvId￿ the trustees ￿1ve BntWAI report iJ reEzrd to its clwitable ¥ctivxti¢s with pnrtrGuIAr referenr% as io howjoumali5m 5upportsthe C}￿ritable Df pmvidiogspublic benefit. Dyring thecoutsBofthe Year9￿/0 (2013: SY)%) oflA)Uts Bay]is (Maidenhe&dAdvertiser) C1￿1t￿b1eTIystgraftts auddonation5 vKreto localchoritie4 ￿kn(2023: 7%) lorcEiollal¢haTitiesand4%(2023:3%)tonatioDalcharilie& Ithas alwaysbeenthe policy ofthese ¢hBrilies to prlmarity supportlolal chatts¢5bu&ll0tt￿t￿s￿th￿ toglvettc0￿￿IIoll tothencds oftegional and &tio￿&1 ch￿ilies. IRdiclltoTh,MilestonesJnd Ben¢hmaAts The trustee5 ate satisfied with their grJllt-mBking poliGy during the past year. They have coveted awide spread of clwities aod OWDiSations although signific8nt monetuy gr8tlls bave bee￿ tiwlll be se¢J fromthe scheduksthattheyhave apDlio ofmBking DJaTLy smgji grants to lo¢al ebaTitabI¢activiiieL Although sBwll ill amoJJnt, th¢s¥grdnts, in m8Dy instance PTDvid¢ & vitsl stiTnulus for the ¢h8tity workers involveiL We are akn thEnisarbt of the fact that a number Dfkncal charities have. in a sensfy become depelldentupDThthr gTants

LOUJSBAYLIS (MAIDENHEAD ADVERTISER) CHARfrABLETRusr NUAL TRUSTEES REPORT FOR YEARENDED 30TKJUNE %)24 Indicators Mile5tDD¢SADd B¢tt¢ltJDgrks (eotttilllled) our thsts. Such chaTities have to provide us with rcgul4r &ctivtyrepots 2nd details of tbeiT f￿a￿la1 acuuDts. CaT¢ is taken lo ¢llsur¢ that previous grant ]nonies have been expended for good purpK)5¢. Our charifies wAll fJ)ntillue their close relationship withtheBaylis Community CIC, whithpublisbes The N•vspapett. Th¢ trllsw are (¥)￿Litt¢dto ¢nsuretbatthe uttique ttlatiUn5hip continu¢& W¢ will wnlillu¢ lo woTk closely wxth The Newspopers who provide an iwportant source of publicity regBrdingoUrlo￿￿wndtheIr￿WdCtthttYb￿g (m the conmnunity. Wetn]stees are COnSCiDU5OiourwoJ￿7IIIrti￿$U￿derthCEq￿rtyA¢t2Ol1I We actively encourage 8pplieattons for gr2ttts frott) all sectiolls of the conunuDilie5 of maidenhea￿ Windsor. Slough. BUrnh￿ TuyfDrd and Marlow. W¢ do hTre to set bellclwwks in regard ￿ ivhat pwportxon of our grant monitts are 8llocAted to paTticular neets Etoups although it is true to say that the bulk ofour dollations aLE for the benefit of the eldcrly? youug and disadvanta￿L Itis not ourgenernl poli￿ to make doDations to iadividuaLs howryer worthy th05¢applicants may b¢. W¢ do not CODfifte our grants to oiher Eeglstered charitiek Each appIicaÉion is wnsideted ott its Meri￿ ApplicBtions are generaIly d¢w]t with atthe two half-yearly megtiDg$ although the tNstees have during the course ofthe p&stPtsK)d thd to the special needg of local chsritie$ Sod made emuE¢nGy grdnts as ne￿sSary. The trustees have zEvi¢wed their Stant-o￿&￿￿E policy in light of the Equality Act 2010 and ¢ollsid¢r th3t it is C4Jmpliaut with the Act The Intst¢¢s ore satisfied that their p)[1￿ does not unlawfully dis¢yitninatr agaxngt applicants with pro¢led chaR¢reristics orin wjy wy ¢onttav¢JJe the pmisions of th¢ Equality Act 2010. The tnst￿ 8TeAwarethatthegrdfAt-Thdkin8 policy cocouroges applications fromtheRoyai Borougb ofWind50r alldMaidetth¢adbutwouldhighliEhtthefactthatth¢8rant onies A￿ allocated to alls¢dioDs of th¢ communtyl and thatea¢h grAllt is o)nsidetrd on its merits. Relationship with RÈlated Partios TreLoui5Baylis(maidenheadAdvert5ser)Cl>atitsbkTrus¢￿bseqjjendyth¢lA)llLsBQY{i8charitab1￿TTus¢OWns BAylisMedia Limit¢L Th￿e of th¢ty5teesofthe Louis B8yli% Cbaritsble Twsl P. J. Sand&P. W. Muroxt8Dd R.Trep, #remcllLb¢rsoftheboardofthecompany ￿P.].sa￿dsb<1ngthe￿0tt￿exeClltiVeehalrm2a. B&ylisM¢diaLimit¢d oiyns and maaagcs the Bell Steetpmperties. Theyajso OFM the intellectual pro￿rtY rights of The NEwspaper& c ownership of Baylys MEdia Litoit¢d MWS transferred frortt tbe Louis Baylis (maldth￿ Advertiser) CharitabIe Ttust to .the Louis Bayjis Chgritable TrusL RepTe$¢ntstion of Oth¢rBodi¢s We primarily ]o¢al chariti￿ and not trpresemted ort regional or rAtional Tr trLste¢s do not see that L8 their putPDSe, Aetiyltles And Evellts We bave had another$urtesifvl period and Ibe trths MfK¢ pk￿d kn be 8bkto ¢oThtioue*iO mako and donations ota level of£326,610 ¢ompared to£322.595 forthepreYiO￿gYeaTfrorn th¢IJ)llisBaylis(MaidenbeadAdverti5er) Charit&ble TnL< Bnd£3.080 from the Louis Baylis Charitable TnLsL As prcviously reported tbe Wdst period been anoth¢r cxlyemely chaIlenging for 7ktNavsAIFers. There COlltinu¢s to b¢ a stt02]g trend of Ii¢w5pap¢r Eeadets movll)g online as well as ¢i￿lfied 8dvertisers moving away rtom ptinL To comb these changeSthttp￿spdpCrh￿ llld to make some signifi¢alli ¢hanges io staffin& priDting aThl iDtht products the￿￿1v¢S and contin￿ou$lY Iocsks atnewopportuoit1estt+divcr￿fy. IILetTOSteesat¢¢onfxdent thatlhe newspapers wli I conttnue to ftowtsh as &community IDte￿5$ ¢1)mp#lly.

LOiJISBAYLZS(MAIDENJIKAD ADVERTISER) CHAR￿ABLE TRusr ANNUAL TRUSTEES REPORT FOR THE YKAR ENDED 3DTHJUNE 2024 Financi&lRe5uIts ofA¢tivitsesgnd Events Our fjllancialstatejoents out]ille ourincomeand expenditure (exc]lldtD8 theseslllts ofthewbmthary). DLTring the wiod in question tbe Loui% Baylis (Maidenhead Advertiser) Charitsble Trust'5 total illLY)me wos £314,388 (2023.. £287,957) wAth resollrees expend¢d of £l1S63.449 (2023: £428,679) in¢luding £1 I,12S,J97 transf¢tted to the LouisBaylis ChBritabkTnsL GEBnt8ad donatioDsof£326.610 (2023.. £322595) Mrwe Th¢govemanc¢ costsofthe Louis Baylis (MaffideTtheadAdvertsser) CharitsbleTntstwere £1 11.642 EouJparedio £106.084 forthe Previous yw. Thé fimds of the I￿]S Bay1￿ (M8idenhead Advertigr) Charitable Tn￿t weTe an uJYe&#ricteAi generBI ch8rtty fiutd of £7,386 (2023: £642,303), 80 expxdllble endowment of M80,699 (2023: £6,I75505) alld a peInU￿llt endowmeDI of £0 (2023: £4.021177). During the period in question the Louis Baylis Cbatitable Tzust total irAoiming ￿sourceS were £11.131,791 tnduding £11.125:197 Offill￿ traDsfelled dLC LouisBLylts (MaTdenhe8d AdvertiSEr) CbaTitableTnrt with xesou¥cesexpendedof £5.678. lnclud1nggrants￿ddona1IQnSrnadeor￿.o8o. ThegoverllaDee ctsstsofth¢IA)Ui5Baylis ChgritableTnL%twere £2,598. The fijnd 0ftbe￿vI5￿ayI]scbarltabIC Tn￿W¢lean￿NeSttx¢ttd getwalcbarity fiJTraof£556,693. ￿ expEndabIe¢ndow￿tnt of £6.547,244 and apenjjanent endowmént of £4.021177. Going Concern The trustees h&ve consider¢d the period of Bt kLSt t5￿1ve months fiotEJ the date of apptoval of the ly8Iance sheet on making theira55essmeThL Wite urt¢ertatnties sU*thecallyiugvBlueofth¢iRveslment￿}rtf0]io andthe ¢xp¢¢t¢d inve5ttllEnt incotne that I￿11 be genet2ted from these inv¢s￿ goiog foTward& the Ints are confidelltthatthey IMv¢ suffiol¢lltc￿k serves to nket liabilitses asthey fall ￿￿. The charitable Activity of th¢ Louis Baylis (MxTdeThlttd Advertiser) Charitknle Tnjst ivas tranSfE￿Cd to the Louis Baylis Charitable Tn￿L Grdnt-making Wc havc a]rcady m8derefrrencoin detrl toihe gronts D￿dea￿dthe￿[aDt-￿tsk1ngptijIOy of the trusls. The zevt¢iYthe grHnt-makinB polioy fjnnual]y to eJL4ure tt Tell￿IDs appn)ptiaie lo the slrntegic directiott of the cliarities atLd its objects and the￿ adv8ncespublic benefit. To this ert thetruste¢s allDu21ty reviEW thetrusts: 8Tant. makillg procedures. Re5ervesPolicy The group ttgerves at the period etTd were £14,616257 (2023.. £13,786.715). UJJder the tern￿ of the Trust D￿d and ConsEittJtiDnthe tW5tee5 a￿ inS￿cled to stsnd p055e5sed ofthetrust fjjnd upon tru￿ forthe applicatlon of illcolne. Under the ternis of the ￿p1￿1 doDations r#eived ftom Bayli5 Medit Limited to the Louis Bay]is 1Th4aideDhead AdYctt¢ser) Ch2ritablE TTus4 5ubsequeAty transferred to th¢ IA)uisBaylis Cheril8ble Trus¢ the thJstee$ either or may apply income (unles5 the trustees exercise their POWEr to arwmuI8te ittcome) a]50 have p)Mrr to expend part oEthe c￿il31 as Incon￿ It is the tru5tres' inlelltiotL to distribute its income loolly 8nd llathnally os $0(m aspossibl& The Irustees arA however,cotLgciousthat &tsumber ofcharifies are accustomed to regu10rgt￿S from1he ¢bariti¢s Arf as su& does, therefore corry a certain level of Teservgs to meet thew ohariti&s' &xpectatio

LOUISBAYLIS (MAIDENHEADADVERTISER) CHARITABLE TRTJST ANNUAL TRu&fEES REpoiir FOR THE YEAR ENDED 30TH JUNE 202A IDvestm¢ntPo]icy Thg TDJsts' piincipa] discretion￿ fi￿d￿￿e[S Cotitinue to ￿ Investrc Wealthand Investment (UK) Limit¢d (llowp8rt of the Ratbbones Gxoup pic) 2nd Quflt¢r Clwiot LimItr￿ Thc5c investsitht fijnds have 5irnilar irt%tSts￿£llt objectiv¢4 attitude to Jisk 3nd perfotmattr£ b¢ll¢hmar￿ The trDStX5 coDsid¢r that as they bav¢ sigllifxwt fim& U[￿er diswetionary maD8gemenL the nts)ning oftwo portfolios itt parallel givesthem a opportwii(y to C4)mp¥re investnKttt p¢rforni8nee. Th¢ cor¢ objectiv¢withinbothportfoliosisabolancedtettrnlxtweett iticome atyj capithl ￿medIUM ri5K withlEme hotiztin in ex￿S$ of itn years. Thc aim of the portfolios is kn I￿]Id the eapiial of the Charity Ill order to diversify th¢8ssetbLse whilst stillproviding akv¢l ofinconwto supportth8TitsbkpUrpDs￿webav<d￿Cr￿lned that tiiepufonll"anceof ourporEfoliosov8r the long termshollldb¢ measuredagaiTrstCPlplus 3%￿ denwn5tratewh¢th¢r the p}rfoliolwbe¢n maintsxkingkts real.vaIue. We have ￿eetingS with both sets of illvesthw￿ adyisoysto ￿VIeW I￿1 aU0¢atiO￿ investment strategy, prfornien and benchmark5. For th¢ year tè 30 Juue 2024 the portfolios produffd att incollr of £3(Yl.859 com to £280997 for tbe ye&r to 30 June 2023. Thc Inyest¢¢ Wealth and InY¢sthiert (UK) Limited (now pgrtofRathbones Group plc) 2nd Quilter Cheviot Limited managed fi￿dS with aValU￿10A0f£1Qo3o24oThTRts?Dsfttled from tht LOuisBwlislM￿tll￿AdVertl￿) cilaritableTn￿t to the LDUIS B2ylis Cha¥itable TrwsL The Investec Wealth and lllvestm¢llt (UK) Limitrd {nowFJrtof RBthbones Group plc) and Qullter CheviotLiTrited ￿￿38ed funds had a valuatiott of £10,547245 compaTed ￿ an Ori￿￿&1 histori¢al c¥st xticurred by the Lthuis B8yIis (Maidenb¢ad AdvertiseT} Charitable TrusL W¢Jneet regu]arlYto￿0STd￿rtheSutt8bi11ty oftheclwitsbletrust< investDKDtsaDdthemeritsof diversificatiOD. In additionto tho illvestment portfolio, as d15gvssedal￿, the tr￿￿tee5 holdthe eutiff sh3w ¢apttal ofBaylisMediaLimite& There are risks ij) holding a significant weighting in a stngte imi¢stm¢ot for the t￿￿eeS h&ve beenTewarded by stgnifjc2llt payments OV￿ the years by wdy of gift ai(L Itb a cirouutstsllceofthe clwitabk trust but our TThst Deed doe$ llot confer power to sell these 51thres. Thescshu¢s in Baylls MC(liaLiwit¢dweretrans￿ fr￿￿the1￿ul￿Bay]lS(MaIdOthdAdVCrt1ger)charItable TnL￿t0 the LouisBayli5 CltsritsbleTrust. Hnwever. we are awa￿ of ourrespoD5ibiliry.tO Secure th&fulte5tbenefitthatw¢ can from this holding. During th¢ p￿10d ￿ met regularly vrith the board o.f Baylis Media IirnÈtEd to consider its ￿r0￿M￿nee. We are ple8sed to reportth2t the board hgs negottakd new opetaling lea% the"tEKants whi¢hwill SiEttifje8ntly Incre￿Ie relllal incom mentioned earlier in the repo¢ the newspw bllsifje￿ b¢rn tTrLsfened to Bayli5 Cornmu￿ty Media CIC. GL>iug fDThvgrd, Bayjis MediaLimited will es5enti81ty be a proiyety O￿lug inv&%tMe￿cOinp8ny. FLANSFORFUTURE PEIUODS The Intsts intend to rnaintsintheir exi51iFg pO￿¢Y ofgt4llt disttiThtstioJJs to tske acwnot of the p￿visIonS uf the Equality ABt 2010. &gpreviously llLeDtioned in thts KepNL Our trusts will continu¢ try siipport 10¢81 ¢h8fities durti¥ the eDwing year but with an eye akn to the needs of ￿giOnal and atioThal ¢h3ritie& We will ¢ontintse th deveIop our inveslmtot ￿l1¢Y to ellhance the income fiDmourinvestrienrportfolio. This w&f' by th￿tr￿$t¢S on.. .. .. 2nd was signed foral￿Onb&lfOfthe tnstees ty. PJ Sands Chairnian

LOIJIS BAYL18 (fvIAIDENHEAD ADVERTISER) CHAiirrABLE TRusr 1DEPENDEiYrAUD￿OR's REPORT FOR THE YEAR ENDED 30TH JUNE 2024 Opinion We have audited the fmaucial st8tethents of thcLtiuis Boylis (Maldenhead AdVert￿r tharitsbb Twst (the'cbarity.) its sub5idi8ry (the'group.) fortheyear ended30 Julle2024wbichcollWtisetbegroupstatsmentoffitJancial activitie4thegmup and parent charlty balan¢e Sh￿tI th¢ group cath flow sl8fernen¢ aDd Dotes to the fiThiciai statement4 including R sunuD8ry of significant8ccounlingpolici¢& Thefllwictal re&￿iDEfI8n)mrkthatl1aS iwlapplicd intheirpteparntton is8pplicablel&iv and UnitedKin8dL)￿AcCoUtttingstallda1éS,lne1udLtigFRS 102.ThcFinau¢ialRepoFtiDgStand￿HppI1CabIe intheUKandR¢public of Ir¢land" (Uoited Kingdom Genernlly Accepted Accounting Ptlletice). JD ouropinion the financlal 5tstements: give & true and fiir view of the 51ate ofthe BfOUP3 and cbarity-8 affairs as at 30 June 2024 pnd ofth¢ir iu¢oming sources and 8pp]icatÈon of re￿U￿ for theyeor then ende4" hive been properly Prep￿ed ITh a¢L￿da￿￿V¥lthUDltcd Kingdom Genernlly Accepted A¢tiyJntlDg Pradi¢e.: and have been pxepored in accotdancewith the r¢quirements of the ClwitiC5 Act2011 B8sh for opinion We bave been appointed &8 audÈ¢ors und¢r sedion 144 ofthe C112tities Act2011 aud r¢pDrtiD a¢£D￿ancE wtth regulations madewkder seclioA 154 of thatA¢L We conducted our audit in accorda1￿ with InternationaI Standards on A￿d￿llg IUK} ￿sAs (UK)) and applicable law. Our responsibilities under those stsndards are fither described in the Auditor's res￿?￿St￿ll1tieS for the Audit of the fina￿la1 ter£entS5edionofourreport. We a￿ ir¢dewdenlofthe group 8ndpa￿￿t¢harIty in accordancewiththe ethicalrequTremBnts tbatsrer¢l¢vanttoouriuditofthefitMn¢ialsiatements iThdudiugtheFRC'5Eth1￿I Skndardandsve havefulfIllcd our other ethical respoDsibilitie5 in agwrdauce wtb these requirem￿l W¢ believe thattbe audit evidellc¢ we have obtaiued 15 sufficieot and 2ppropriate to pmyide a basis forour opinio Coneluylous ￿lating to golog collcern W¢ hav¢ nothing to rq)ort illrespectof the followit]g nutters in rekioJLtovAJith thvlSAs (UK) Trquxre us to reportts you whBre'. tbe trustees use of tbe going concun bast5 of in tbe pryaration of the financial stotements is not appropri81¢; or the tsustees have not disclosed in the fin2ncAai statements any identified JnBrial un¢erfBillties that may ¢a5t sigDifIcatkt doubt about the Eroup's or parent chanty's ability to cont2nue to Adopt the going concern ba515 of acwintins for a period of 8t kast months fiom the date kn thc SDaa¢ial sthlem¢nts or¢ authorised for issu¢. Other InfoTJuation The trustees are responsll)k fDr thg othviDfoTm2tioD. The other inforn)ati¢)ti comptiststhe Inforn￿on1ncluded in tho tsustee's aimual report other than the financial statements gud our auditor's report th¢rm Our opinioD on the firt2n¢ial statements doe5 notcovcr the otheritiforniation we do not express arLy fornt of assurance ¢ondTLsion thereo In connection with our audit ofthe f5nallGial sthtEwen￿ our responsibility is to read the other Inf0m￿tion dtriKg so. ConsiderwkdberthB0th￿jnf0I￿￿tiQ￿ i5rn8tsri8lly tllconsistentwiththefillan¢ial stat¢ments.orourknowl¢dg¢obtained audit or otherwise appÈws to Ee mate11￿Y misstste& If we identify such material inconslsl¢n¢i¢$ or 4)p￿ent n￿terIal misstatementy we are r¢qui￿d lo detCTmitie whethet there is an)aterial Misstatenw￿ ITE th¢ fi￿A￿tEa1 S&t￿llents or amat¢Tial n)isst2tement of the othu infollllation. IC based on the work we have perf0rnie￿ we ronclude that theze s 2 makrial mÉsstatetn¢nt ofthis other 1nfonnatTo￿ wegreT¢qoired to wK)rtthatr8¢L Wehave nothingtowort ill thistega

LOUISBAYLIS (MAIDENHEAD ADVERTISER}CHARITABLE TRUS[ YDEPENDENT AUDITOR'S REPORT FOR THE YEAR ENDED 30THJUNE 2024 Matter5 on whieh w ar&reqtsired to report by ex¢epiion Webav¢nothingtoreNJrtillreSpectofthefollowiogmattw5wheTrlhe(hritiesAct2011requi￿SuS1DIe￿￿1OYollIl1￿nuT opilli e infomiation gÈv¢nio the fiDancial Stratell￿ ￿ illc4)U5TStentiti any rnat¢ri￿ Te5p￿t with the Tnths, repottr. or sufficient a¢coutiiang records have Dot bg¢llkEptby the tAreMt chatity. or thepaTent charity fingncial statrments pot io agreemelltwith th¢ acwwhtitig recoTds and Zetu￿. or we have llot Teceived all the infi)￿ll and explan&ions forourolldit Resyonsibill¢I￿ of trustees Thetrw%t2es eT¢5ponsible forthc prépardtiouofthefmancE21s¢at¢tucrytsandforbeingsatisfiedtbatth¢ygive4tnJealldfatrview, andforsu¢hinl¢rnalconttol'asthetrusteesdetern]ineisnBccssAryloeoabktheptep2rationorrinancialsiatetn¢ntsthat8refreefrom tllatuialmisstatEznenL whether due to fraudorerror. lnwepatin8lhefinancia15tatwneD4th¢tr￿gtee$a1ereSF0nskn1e forLWsit￿th¢grOu￿58ndp￿relltQkn[lty'sobI1Ity to conthiu¢ &$ a going concem. di￿l0$1U& asappJi¢abl4 matu￿s[elated togoingry)n¢em aud wingthegrjing concem basisof ac¢Dunling unless thetrustee'sciih¢rintertdto Ixquidatethegroup orparfth chity or￿¢¢￿$e0pe18[lOr4 OrbA￿￿O r¢aiistt¢ alkmatlve but to do so. Avdilor's Thspon5ibilities for tbe audit of the fi￿ncial Statell￿ We have been appointed ￿ auditor under section 144 of the Clwffti￿ Act 20113JyI Teport in ¥tordan¢s with the Act and ztlev&nt regU]￿lOnS mRd¢ orhvin8effect thereu￿. Our objeclive5 to obtsin rewnable asswance ab)ut whether the EllW￿I2I statemeJ)ts as a whole are fr¢¢ from materlal tulsstatemenlwhetherduetofiaudorertor,W￿tolsSueaDalla71Or.5rep0rtth2ti￿l¢IlldcsOvrOPjnlD￿Re1sonab1¢8ssllr￿nC￿￿SahIgb level of 0ssurallLt but is not aguardnt¢¢ thal An A￿lt ¢onductcd iti aecordattce wAth ISA5 (UK) Ivlx l a1￿yS detect a materia] iss¢atemeDt ivhcn it exists. Miss[at¢￿ents ¢811 wise from frE￿d or etmrand BrecoDsidÈred Materi￿ 1£ indxYtdufj]ly or in the aggregaK they wuld xusonably beexpected to influeDcE theeconomic d¢cisAOBS ofusetstthnonth¢ basis of thes¢ fillancial 5tatetu¢nts. The extentto which OWpmL￿UrcS are wabk of d¢(¢rtiDg irr¢gtitstitiffj iDcluthg isdetsikd below. Our approach to identifying 2nd #ssessitig the risksofmatrrid mis5latement.in rey¢tof iTregu]aritie4 includingfraud and non-compli8T2ce with laws and regulations. w4s as ftillows- the engwiiient partsier eDSEwed that the eDgagemeDt teatn collectivcly hBd the appmpriatg ¢omp¢taic4 cawdbilities attd sklls lo identify orrecogoisc n0n-compl1at￿e Wlth app]ithle laws aTtd r¢gulatiOD4 we idetttified the law5 ￿Ed r¢gIdatio￿ applicable to the T￿￿tE[ro￿ disou5sions with Trnstees and other JDwem¢nL 2nd from our conmiewi21 kJowledg¢ and expetteoce oftbe publthiJ)g.industy' we focused on SY￿￿fiC laws and regulatsolls which wLsidered may bave a directrnateriol etfrctollthe finaneiat ststemellts or the oper￿70n5 oEthe TWSL includiDgtbe Companies Act 2006.tsxHtion I¢￿Slation and dat& ptDte¢tioffj anti-bnl)ery. employ1t￿n( enviTonmentaI (illcluding W&s¢E Electrid snd Electronic Equipment reGycling (WEEE) Rw]alions 2013) ￿a￿￿1th attd safety legislation. w¢ Assessed the exteDt of cOmpliaT￿ with th¢ law5 3lld regu]ation5 ident1f￿ 8Erf)v¢thTough making.enquities of management and inspErting legal ¢ottespndence" and ideDrlfied laws and reguIations wer¢ cournunicated within the auditteam reg￿larlY the team remailled alertto ill5tan¢tys of I￿rt￿COmplIan￿ thT0Ugl)￿tt the audiL A further description of our respon%TrJilitie5 for th¢ audit of the financial stat¢m￿ is h)cated on the Fin8n¢ial Repoiting Council's website at httpJlwwwth&o￿￿k/?Udjt0E￿TeSp￿thll1tteS. This descrÉplion forms part of auditor's report. io

LOUISBAYLIS (MAIDENHEAD ADVEIrris￿R) CllAR￿ABLE TRusr INDEPENDENT A[￿ITOR's RKPORT FOR THE YEAR EI¥DED 30TH JtINE 21ll4 Use of our r¢port Thi5reIMirtismadesolelyto tlJechoTity¥tnthes asabody? ina¢cord8llLxwithtkCb2tthes Act201LOurauditworkhasbeen undertaken Scf thatwemight 5tateto the charxws truskesthas¢ mattEtSM* ure ￿qUired to 5tatr to them in an auditor's report ond forno otherp￿￿0$e. Tothe hJll&stexteatperniittedbyl&w. weth) not#cceptorassumexesptsll5ibi]ityloanyone otherthan the cbarity fhe charity's twstees as a body. for ourouditwwk for this repoi4 orfordLe opioiolls ￿ have forrn￿. Mr Gw John McHale FCCA (Seniorstatutory AudihJr) For a[￿ ott behalfof: DSA Prospect AuditLtd Chartered Certified Accountsjtts Statutory Auditor Fw5tFloor l Des Rockes Square Witan Way Witney Oxfordshtre OX28 4BE DSA Prospect knditLid is eligthle lo act agan a￿lI￿riDIC￿lS of sectton J212ofthe CAympe7Jies Act2006, li

LOUIS BAYUS (MAIDENIIEAD ADVERTISER) CHARITABLE TRUST CoNSOL￿ATED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDKD 30TH JUNE 2024 GtlltrAI zozJ E4iwtrd Nok$ 3L4W8 417￿7 71,090 514?88 96318 417￿1 237.957 ?1￿90 359.Q47 41M51 41P51 22,805 21805 438252 S.678 4Z8.819 428.679 TotsJTr50Urtr$ ¢yllded 438152 5.67 41￿51 484981 428ffj79 22.805 451.484 897.161 897.161 (8699TJ 186997) 114w) 917 897.161 $5927 829541 I14￿721} ¢38.7121 IIYg,434) (511.052) 555.775 UQ6I{144) 10569.421 (70￿387) (634916) 556,6Y2 (9.716983) 10#69.421 774214 55yI.665 (739.098) 1179A331 F￿￿bakn 4t l Jthy2023 642J02 10.197&8Z L946.731 14.D39J65 13.Ul.511 13J66.14A FwkdtrAIBllces 4tJoJV￿ IDZ4 YJ86 41Q699 IOJ69.421 1001058 J4.616256 642J02 13.IM.413 13.786,715 statement of fIna￿l81 8clivilies 0Jso cO￿p1]eS wlihthe requirements for 3n in¢ome alld exp￿￿1th[¢ a￿)Upt underthe Cornpa]Jies Act 2006. The gtoup has tto Rcogllised gaius or loss￿ otherth8nthose dealt in the Sktalle￿Or thancial activitsg& 12

LOillSBAYLIS (MAJDENHEAD ADVERTISER) CHAR]TABLE TRUST BALANCE SHEET FOR YEAR ENDED 3￿Ill JUNE2024 Gyollp tjcr T*)ible&ssets Jnvtstmerrt5 1993.122 10Sn943 2.IrJ2.9 9.720.505 9.741082 LOJ69.421 I3￿66￿65-". 11653.405" . 9.741.682 10569.42T-" Debtors.. dv¢within offt¢ytar C85h at bJnkaDd in knd 104fiY2 611.486 fA18J29 18J75 570J55 559.193 617292 716.131 6669SJ 559.193 Duewithin oneye4r io {442n) (60.Q05) 0324R) P4.651) 500) srJ.014 6S5.133 7J85 6423W2 556,693 NON cuRRTr￿T ASSEIS Deb14)ts.' due in mDrethanoneye4r 455.(#XI 455.000 4SS.(IOD 455.(100 NEfAgsErs 14J94 13,764538 48W4 10.839984 11.126.1 J4 B￿end¥blES 7,027943 4.000.000 3,(XYI058 .175505 4.OOD.O 2946.rJi 48Q699 175505 4.1)24177 6.5473H 4,022.177 N￿-cha[Ita￿letTrOinsf￿Thd$ VurE$tdthd futtd¥ Ch8ri18blefullds 564.078 7J85 642J02 556,693 14594P79 13.764538 48&084 10.839984 11.126,114 o&IL.yJ4. And¥es1w￿l on The r[N￿rIal stllttmÈtttx rJnp¥s IJ to 30Wereoppso￿ by TrTh5t¢t53nd autlxxised fortSSUBOTr... tketrb¢hglEby.: PJ&nds Tntst P W 13

LOUIS BAYLIS (MAIDENIIEAD ADVERTISER) CIIAIUTABLE TRusr ACCOUNTINC POLICIES FOR ThEYEAR ENDED 30TH JiINE 2024 B2si5 ¢Jf acrounti&g Tha fingnciai statements h#ve been prepaTrdUlld￿IhcEtL8tOTIcO1 costconvention with ilemsreLX)enlsed at cost unl¢ssothetWiSO ststed irL the ￿levantA￿te(S) to these 2ceounts. The flljancial ststements have been pwared fftn aCco￿ance with the Ststemeot of Recommended Practi￿. AcciJuntiDg aud R¢wTtiBg by Ch2rifie5 pttpariDg their attounts iti accordaoce with the Finftncial R¢porting Standard applicabk in the UK alld Republic ol I￿18￿d (FKS 102) ¢ff¢dive I" JaDuary 2015 aDd Ihe Finalldal Reporting St3nd2rd2pplicable inthe UxJitedKiDgdorn aDd Republic ofIreland (FRS 102) 8nd the charitiesA￿ 2011. The trustees hav¢ ￿nSidered the dIs¢losy￿ in the plici¢3 concemiD8the cbarity's adoption ofthe Cbarities SORP rt%iderthattheto are no 3TWI￿1￿1 Uncerta￿e£ aboutthe ablltty To contiwc as a goins C￿ncern. The firjallcial statt￿ertts are pwared in st￿11￿ is th¢ fundion81 aj￿CY of ttro chatity. Mon¢tary amouits in th¢se financial sts1¢ments are to the llearest£l. Going.Co￿￿tr1I Toe Tn3slee5 h&v¢ coL8idBftd the appropriaieness ofthe Eoing concern &swmfflion in PAPP￿iDg the financial statem¢nts. m£king thal gssessnLentttKy h&v¢ collsideTedaFriod of12 months fi¥)mthe dat¢ of appioval of the fllwjcial 5t8tem¢nts. tn sryiving atthi5 ￿eSsmen¢ the Truslees have collsidcred the carrying valu¢ of the ittveshllents beld. the level of ¥eturn on investments expeot¢d to be generated goiog forward& ondtbe curtellt fmallcialpositioo oftb¢tradiDg subsidi8ryy including the budgets Bnd fotewts they have prepared. B8sed on thTsreview, the Tnth5 o)tisidttthatth¢ cb8rAy is viewed as coniinutrLg in business forthe foreseeabl¢ futhlle. Ba515 of consolidation The Statementof Fmau¢ial Activiiies andthe Bakn Shttt consolidat¢ the fmanclalstatem￿ts of the Tnist and thidiary undertaki￿g5 The ha5 tskEn tdvaiitage ofth¢ cOn￿￿10n offereA by th¢ Charity Cooullissiollnotto piesenta separtr SOFA fortht ity as a stsndalorLe clltity. The statsmeftt of cath flows is ptepar¢d forts c4llsolidgd a£cowits. Th¢ Charity h&q n0tPLvR￿d a 5CP8roto statem¢ntof &%h flows &% pe￿Itt￿ byFBSL02 Section 7. Ineome Voluthry ]r1￿m￿ indudiriE donations aDd gifi4 8￿recOgnIsedhe￿ tl*re is elltitlanert receipt is probabl¢ &kdthe atnouot ¢Hn bE sufficient reliability. Income from cornme￿181 tradyng operatioD4 wisingfmmth¢ Charity's Athstdiary Baylis Medi&L1mitr￿ represents the inVQiCEd vglue. Aet of value added t￿ arising from ifs (wlete Threkfy s¢riEs of newspapets #lld publication5 fully published in the AccounlinE perAod and the invoiced Valu￿ net Ofyakn￿ ofgoods and5ervices pmvsd¢d tQ ¢TLSlomers during the acrountingperio Jnve5ttn¢ntinm is reCO￿d oll aTtteivable basls. All w85 gejfftated in th¢UL 14

LOUIS BAYLIS (TrIAIDENHEAD ADVERTISER) CHARfTABLE TRusr AccouNfING POIJCIES FOR THE YEAR ENDED 30TH JUNE 2024 Exyettditure Llabllides are r¢¢ogoised &sexpendiLure soon as there is &legaI or ¢on51Tudiv¢ obIigatiou wmmittirtg the th￿lty to the exp¢lld1tu￿. All expenditure is acco￿ted foron an accnwIs b05is and has b¢¢n c]LssiEed uuder l￿dIng$ thataggteg all Costs re13trd to th2 ¢tegory. Gr8at payments antl donations are retognised when a con5tNctivc oblTgation atise5 that resuIts in the prayIn￿t being uoavoid8ble ￿mMI￿￿t. Governftttce ¢osts indude tIw5E inrufLvd in the govcrnlln￿ bythe Trustees ofthe Ch￿ity'S a55gts 4ud are ￿l￿ar]Iy asso¢iat¢d with tonstiti￿10￿al81ldStat￿tory reqnirements ofopuatillg th¢ ch￿ity. MaDag¢rnent and administration costs 2re allocated to 5crvi(w inproprntion ts Ik level of central Mourcas ￿tlIsed. InAn￿le asjets oth¢r goodwill Jntangible assets 8re Initially recogDised at cost alld are subsequently measured at LY)St les5 accumulated 9n￿rtis￿l0ll and aecwnuiated imFdinnentlosse4lntaDgibleassets a￿aD￿TIl￿d10ptDfitorIo5Soll astrHiglrt.]ineb&8is overtheirusefill Uve4 as follow5.. Purchased tomputersoftware 21￿33% straigbt lin¢ Amorti5ationisievis¢d prospecttvely for8Ay SI￿[fi￿tI￿g¢ inD5th1 lifeoTyesith￿] valu On dispr)sal the diffeEence betwren the]]et dispos81 proL%eds and the earryingamountof the inl8ngthleas5Et ys recognised inpTrflt Tangibl¢ Fittd Assets Tangible Ilxed 8ssets are stated Btcost net ofdeprecialion 2nd 2tLy provisiou for impaiTTrent. Dep￿cE￿tIOn isprovidedoft aIl tsDgibl¢ r￿ed 8sset% r)ther thsti frethold IBn¢ at rdtes ￿1￿lated tE¥ off lh¢ L¥)St oleach &8setto its esttmated residuHJ Value on astraisht-line its ¢x￿￿ed wcfnl lif4 Ls followx Freehold buildings 2% straight line R￿'all￿1 value is ¢al¢ul8ted (m prle¢s pRvailillg atthe rqyotting dat4 after esÈiD costs of disposal, forthe ￿Set ￿ if it rre ￿ the'ag¢ and in the eolldTtioll expected otthe end of its usefut li Fixed Asset iDVe5tmeDts Tntwests in subsidigrtes are initially ille￿ at cost a￿d wbwuently MEaSu￿ at cost atsd a¢oumulated Émpairment losses. The investments are assessed for impainnent at ea¢h reporttng date aad Bny impaimient losses or reversals of Impalrn￿￿tlossfs ar¢ recognised immedi*ly io profitor los% A $ubgldlary isanentity ¢Dntrolled by8notherentity. Control isth¢pow¢rlDgovemthefillattciai eodoF¢r&iingpoii¢ies ofthe entity so &8 to obtQiA benefits ftom its llctivilie& 15

LOUISBAYLIs(MAIDEf￿KAD ADVEEYfisER) CHARITABLE TRUST ACCOUNTJJYC POLIC]L8 FOR THEYEAR ENDKD30TH JUNE 2024 Li5tea InvutnJ¢ots Inveslrncnts are & forni of b&%ic fu￿1ClaI ill5t[uM￿ and ￿ inib2lly wis¢d at theirtratiwtionval￿ and sulxsequendy easure at ther fair val￿e ￿ at the bx]Ance sheet Using the dosing quod price. The st2tement of financial ciivities illcludes the net gaiDS 3Dd losses arising ￿￿luatIo￿ 2nd. disp)sals throughout the year. The TTr￿¢ do¢$ not cqatre any put oplions, derivattv¢s, or other complex fllJ8n¢ial lllstrum￿t& Thr foTm of fujallcial risk fac¢d by the charity is tbat of vojotility inequity markets due to widtreconomic ￿ndIt[0￿ th¢attitude of iDvestoTh to ittV¢gts]WLt risk 2nd ch8nges in senlilnent ¢onceminu equitt'es and Mrythinp8tticul3r se￿orS or Sub scct(yts I￿paIrni￿ts.0f rued 485¢ts At eEch reportkng End datty the tradiEJg sub&diory T¢views the urrying amounts of its ￿ng￿lIe and xllt8DgiThl< assets to detenniue whetherthert is ÉtLy iodi¢ionlbatth05e 2ssets Imve Suffered 8Q imP4tmiellt los& If any suchindicalton exists. ttLe rerA)verable 8mount ofthe asset is ¢5tirnatcd in orderty deten)iine the extentof the impainn¢ntloss (if any). Ivhere it is not pos$ibl#to estimatetbe recoverabl¢ smountofattiAdividu8199 th¢ compaoy &%tirotsth¢ffcoYeThbl¢ amouut ofthe geDeratlllg unitty which the 8sset belongs. whe￿ arew>nable and consitht basts ofauocation can be Identifi￿ as￿art aLqo alkjthd to individu81 ¢ash. getrrating wii14 othernvisé they Are allocated to thc 3mall¢st gmup of c&th.generatiug ullits forwhi¢lL areasonabl¢ 4rtd coDsistent allocation basis call b¢Idclltir￿. Intsngible as5¢ts with ithfwLitr usefuE lives and ith1￿7)le notyet available fOr￿S are te￿i fariwairm¢ttt onlluilly, aod ￿eneVerthere is an iiidi£ation that tb¢ 055¢tmay be impaired R£wYerabk 2mOUllt isth¢ higherof fair value kss ￿ststy and value Ill us¢ Jn assessing the value in u5¢. the estimate fjJtLTr¢ cashfiows ar¢ discountedto their p￿sent value ￿1￿8 a pre-tax dis¢ount rate thut rellects ￿[ent market gssessffjents of the time value ofrnottey ￿￿the risks sp￿IfiC to the asset foTivhicb the esÉinMtes tsf fimir¢ c&th flows h&ve not been" adTrJ5fed If the re¢iiYetgble aniount of ￿ &￿et(0r cash%ellernting utiit) is &stllllafed to be than iL% tatrying the ¢￿tryIng amount of the asset (tsrcash%er]¢rth8 unil) is ￿1￿Ced to Its￿Cl)VerabLe amounL An imp8irmellt Ioss is Tectsgnised itnmedtately in profft o los4 unIess the relewdnt asset is cattied at a Tcvalued 8monn¥ itiwhicFA ￿5¢ the impainnetrt loss is treat¢d as a revaIuation deueas Cash ana equivalents . CasIL￿d cash wuivalents inGhth c&8b deposits heldat oll with banks 8od oth¢r short.t￿M li￿[a invesFments. Flllanei81 instruments Thetr2dingsubsidiary haselect¢dtoapplythepwvisionsofSection Il knioFinan¢iailnsmim¢Dts' ofFRS102ioallof ts illl2ncial instrwllents. Flkajjcial &55tts . FiDanctal ossets ar¢ ¢lassifd illto specified tgori The dassification depEMds onthenatuto and putP05¢0f the finaa£ial a55¢ts BDd is deterniined otibg tim¢ of recogAition. BESI¢ fill8ncig1 assets. which Enclude ttzde and odjer receivables aud Casb and b•Jk bB]antt4 iDitially meLsured at tranwtionpric¢ jnGludingtrattsa￿I0ncosts and3re subsEquentty carried at4tDortised costusitsgtheeffective interestmetho unless arrange￿e1)t cot)stithl&s a financing vthere the is me&qured at the pxesent value of re￿Ipts discountrd at arnaTke¢r* ofiotrrest 16

LOUISBAYLIS(MAIDENHEAD ADVERTISER} CHAR￿A￿LE TRUST AccouiYfiNG rouc FOR THETrIAR EIWDED 30TH JUNK2024 Loany and receiyabks TTad¢ debton, l¢)aDs JDd oth¢rreceivablL8 tknthavc fixcdor detcnniDable payments that ore notquoted inan actlve market are clagslfied ag 'loans #nd""receivables'. IMIS and Teeeivables xe measured at amortised ￿Stu91￿Eth¢ effective inte￿￿t￿¢th0￿ Ic55 auy jrnpal￿e Jnterest is recognised by applying the effec¢iv¢ inlcrest ¢xc¢pt for 5hort-tetm rEr£lvablf￿.whctt the recognition of int¢rest would b¢ ia)m8terial. The effective inteTest methodis amethod of c41GuJatillg the amortlsed CA)St of adebt instrutnent and of allocating the interest irLcome over theTel¢vont perio￿ The efftctive interest rate is tbe rate tbat exactly discounts c5timated futhre casb receipts through the expected lifr of the debt iAsfrumtto th¢ n¢t Garrying ImpHirJnent of fittantial assets Financial wet4 othertltsn tknhcld at fair value through ptofit and los4 area55essed forilldlca￿5 of impairn)ent at ea¢h reporting end dat& Financial assets are impaired whwe thcrc 15 objc£tive eviden¢e tha( as a sesult of onc or Jnore events thai occurred after the initia] recognition of th¢ fmanoial the e5xim￿ future c&8h flows h￿e been aff￿ted. The impairmeot loss is recogDised in pmfit or loss. DeV￿OgnItIOll of *ssels Yinancial 855ets arc dc[rC￿lZcd onty wlwi the(x)JJtra(￿ li￿ to the osh flow5 from thc &5set o<ptr< orwhen it transfers the financial asset aud sub5tartia]ty all tlle risks ard rewards of ownership to al￿ther oitity. Financial li8bllitias B&siG financial liabiliti￿ are initially measuTed attratt%action pric4 UDle85 thc aTT8ngem¢nt a)]￿tItits afinancing transactio￿ where the debt instnjment is ￿KaSU￿ at th¢pres￿t value of the fitsjre receipts discountcd at arn8knt rate of interest. Th¢y subsequently m¢&sured at amortised ￿st wing th¢ ¢ffective intertst rnetho(L [llte￿t exp#lls¢ is T￿￿gnISed on the basis of the effective intercst method is inolud¢d in interest payable audother similar cha Derer￿nition of financial E4bilitie5 Finaiicial liabilities ax¢ d¢rew￿1zed wjw aod only when. the trathng subsidiary obli8ations are discharg cancelled or.they ￿pIr& Equlty instrnments Equity instruments issued by the ti3ding substdiary 8rerecord¢d at the proteols receive￿ net of debt issue ￿Sts. Divid¢ndspayableonequity I￿￿truments￿Ere￿gllIS¢d 8sli2billties on￿tI￿arE￿oI￿￿8ryatth#diS￿L0nQEthe trading subsidiary. Taxatlon The tax exp¢Dse represents thesum oftb¢curteThtlax ¢xpcnsc and deferr9] expm£e. Currt tax ￿ets 8re reLxygnised when tsx paid exce¢ds th¢ payabk Current and deferredtsx xs charged orcredital in prnfit orloss, exceptwhen itrtlales to items clwged or ctedited to other comprehensiv¢ inwme or equity, when thel&x hllows the trat￿tiOn or ¢Y￿t itreiat&4 to and is ￿50 ¢lwged or credited to other cornprchcDSiVE inwme or equity. Current tax agsets and cunentlax liabilities atNI defe￿ts￿ a8sets and defetTeAI tax liabilities are Dffset, IF8nd only if, thrre is alegally enforceable right to set off the amounts and the entity illtends elther to s¢ttl¢oa a Tret b&8is orto realise the &sset and scttl¢th¢ liability Simult￿e0￿51y. Curr¢nl tsx is bHsed on tsxable profft for theyear. T8xablBprofit dxffets from totsi comwehen5ive iumebecaw it excludes il¢ms of Income or w5eD5eth8t ar¢ tsxable ordththl)le illother periods. Curreth tsKassels 8nd itabilities are measure using tsx ratcs thathaye beene1￿cted or 5ubstsntively ¢n%ted by th¢ reporttng I Deferred tsx is Calculat￿ at thetax rates thatare expe£ted to apply to the period WI￿ the &wel is realised, orth¢ liability is settled b&wl on the tr( ratw that have bro) ea￿t￿l orsubst&)lively enacted by th¢ reporting date. 17

LOUIS BAYLIS (MAIDENIIL4DADVEiifIsER) CHARrrABLE TRUST ACCOUNTING POLICIES FOR THE YEARENDKD 30TH JUNE2024 Taxatifjn4oDtinued Deferred lax IiRbilitie& are T¢wgnised in ffwtof all timing difftrencts tkn"¢xistat the repoiting date. Titlling differenccs a¥e difftren¢¢s betw¢¢n taKable profits ond totsl comprehensive income that ati5e from the inaliLqton of illcome and expetjses in tsx a&sessTuents in differnt periods from thetr recognition the f￿￿ttl￿ statem¢n Deferred ￿ assets recogDised onty to the extent that it is probable they will be r£LX)ve￿l by the r¢versal of defe￿(d liabilities or other taxableprofits. The charity is eDtitledto those exemptions from UKt￿t]or4 wbi¢hare available in law to ¢hatiti Provisxonsar¢recL)gnisedwhellther¢isalegalorLtillstruGtiv¢prttentobligatioDasatssultofapi8teveTh¢itIsPrObab1ethat the obliaation wilt betequi7ed to besettled and areliabltt &stimate￿￿n￿Oflhearttollut0ftheoblig4tlo The ￿nOU]rtr¢CD￿lsed asaprovislon Istheb¢8t¢sttmateofthecoD5iderntionrow(r￿to settlcth¢presentobligation at e reportittg endd￿4 taking illto account therisk5 andUnCert￿¢s surrnundingthe ob]igatiorL Where the cfft¢t ofthelimc valu¢ of money is matetiBL the ￿￿oUnt ¢xpected ro be requtred to settIcthc obligation is reco￿ised atprescnt val￿ When a provi5iou ss m¢as]]red * preseDtvalue Ihe unwinding ofts diS¢o￿t is recognised a finance wst in.profitor loss ITA the period it arise& Employee benef Th¢ costs ofshort-terni employ￿ bentsfits areT¢co￿l5ed &8 aliability ar￿a￿expelL$t Ullless thosecosts 8TeTequiredto be Te￿￿ISed as part of thE CL)St of stock or fredasset% The cost of any un￿Sed holiday cntitlementts recognised ill theperiod in TA]ichthe erllploy¢¢'s service5 are received. Tern)ination benefits areTecognised irnEnediatcly as auexpen5ewhenth'ctrRdingthidiary is d¢monstrably ¢ornmitted lo ter[nin￿¢ th¢ employment ofan employ¢¢ or to provide tem)ination b¢nefrt& Retirem¢Dtbenefits For defsned contnl)uuon scbemesthc amotmt d)argedtoprofitorloss is the contributions payabl¢ intheye8r. Diferences botweencoDtributionspayableintheyearaftdcontributions actua￿ pald4reSI￿Wu%e￿theracc[Ua18or pr¢p&ymcnt& Leases Leases ar¢ Cla￿lfied as finance leases whellcver the terms ofthe lease traTLrfer substantially 8llthe risks 2nd rewards ofoivnership io the lessees. All oth¢r leases aTccla5sified as o￿a￿llg le&8es. Assets held unikr finance leases ate rewgnised as a5scts at th¢ lower ofthc assets fairvalue atthe date ofinception and the present valu¢ of the TninÉmwn lease paYMeTr￿ The tclated liability ig lDchJdedillth¢slatement of financial possition a fmallC¢ lease Obligatio￿ Lease payments ar¢tiEated as c(jnsis¢ing of capttaI and interest elem￿ts. The illtere5t is charged to th¢ illcon￿ statement 50 &$ to produce acODStsntp￿I¢ of interest on the r¢m8ining balance ofthe liability. R¢llia]s payable und¢ropeiating le8sés, including any lease In￿ltiv¢S received. are chRrg¢dto ino)m¢ on osti8ighl-line basis over the t¢m) ofthe relev8ntle8se exceptwbeTr anothermore SystetE￿tlc b&8is ismo¥e repre5glllalivc of th¢limc pattem in which economic benefits from tbe lease asset are coJ5U Fulld aeeonllling QencrnI fimds are unte51¥ict¢d fimds which are availoble for.use atthe discT¢tion of th¢ trustcesill furthernnce of the g¢neral objectives ofthe clwity and ￿iChhaVe not designated for otherpurposek Th2 Perm￿llt Endowment Fund X¢pr￿ntstr ￿}￿l.gIftto thgcbity oftheSh8re capitsl ofBaylis MediaLimited fth¢ e(jmpany")andsubsequenttrdllsfetsoffuo(tsfromthe¢05nwiyd¢sKgDatedassuch.Itwvithsforthetrusteesto investthe CApltal in p¢ryetsEity. tbejnColl￿ fromwhicb is wknlly UD[estr￿le(L Th¢ Expelldable Endowjncnt Fulld Tepresents tr#f5feFS of frotu th¢ bxditig subsidw designatd 8$ SllcIL The twste¢s hav¢ib#power to coThvertthe ￿PItal into itt¢on* at their disuetio 18

LOUISBAYLIS (MAIDENHEADADVERTISER) CHARITABLE TRUST NOTES ON FINANCIAL STATEMEiYrs FOR THE YEAR ENDED 30TH JUNE 2024 I. ￿vEsTmENr ￿COmE Totsl Drestri¢t¢d...Eadowm¢ Total Bsyl Medi4 2023 MAcr tBCT FMlld5 Ch4rlty Bank ititere5t bank inter¢st 6.529 6,595 13,124 A960 6.960 List￿ portfol20 investmBnt incume 307￿59 3W,859 280.997 280.997 b8nk interest Rerttal iucorne 96J78 96J78 71.093 71.093 314J88 6,595 96J78 4J7J61 287957 71,093 359,050 2. COSTS OF CETrf£RATING FUl￿s do Totsl TotAI B4yUJ MEth8 2024 2023 Fun ChArity Charlty CommErciel tradingoperaliofjs: StaJfw3ts (note 6) Otker dtr¢¢t costs 761 761 41.655 (230) 41.655 (23 49.074 (891 (21941) 49.074 ($9) (2A941) Oth¢r op￿d7￿g￿rIrne Disposal ofRsseis toBCM CIC 41.425 41,425 21805 Ta*ion (note 8) (37 (374) 4.055 4,055 41,051 41.051 26.860 2&860 19

LOUJS BAYLIS (MAIDENHEAJ) ADVERTISER) CHAR￿ABLE TRUST NOTES ON FINANCIAL sfATEMEN]8 FOR TIIE YEAR ENDKD 30TH JUNE 2024 Total (j￿rIty . Uarity Baylis 2024 2023 FuDd5 FuJd% IBMAcf LBMACI IBCI Llmit¢d Goverttan¢¢costs:_ l¥£ & profLs$iordft InYe8trttent m8nws fee Aud¢oVs relnut1e￿t10n Other costs 32,710 S3.Y13 9.660 15239 31TIO 31.866 SL601 .4930 14,687 31,866 52,601 6,930 14,687 11160 15.337 111.642 2598 .114240 106.084 106.084 4. srAFF COSTS Ttstsl 2024 Fund5 Tot41 2023 Fullds Sbci81 se¢wity (x)sts PeDsion e05ts 761 761 Average'nuEnb¢rof emp]oyees'. Workq and PTO¢¢S$ing Editorial Advetsing Office ￿dMana￿MeDt No Emolum¢nts of staff over tbO,000 per onnu £60.000- £70,000 £70,001- £80,000 . £80.001- £90.000 £90.001- £100,000 20

LOIJJSBAYLIS (MAIDENHEAD ADVERTISER) CEARrrABLKTRUST NOTES ON FINANCIAL STATLMEPa3 FOR THE YEAR ENDED 30TH JUNE 21J24 . GRANfs AND DONATIOTqS 21)24 NumbEr 2024 2023 4umber 2023 National chèTtti&s 11,500 li 11.000 Regional thariti£¥ and organisations 13 20.500 12 20,810 . ￿Cal tharities and or￿n{SatIonS":.: 131" ""4• 297,690 . 1.15. :.w$ 290.785.: 153 329.69 138 322.595 TAXATION 21124 2023 UK wrporation tay CurIent yvdr (374) 4,055 Defe￿ t&xchatge Totol tgxchar (374) 4,055 7. FIXED ASSETS- GROi7P Tnvestment Property Tolgl Cost At 1st July 2023 Addition5 Reclassified as inve5tm&rt properties 3.584,047 60223 3584,047 60223 At 30thJune 2024 3,644270 3.644,270 D¢pree19tioll aDdimpaiTment At 1st July 2023 Depreciation Char&￿ iD theyear ReKIassifjed iThvestment propertxe5 651,149 651,149 At 30th lun¢ 2024 {651,149) (651,149) CatTyillg amount At 3¢)th June 2024 1993,122 2993,122 At 30th June 2023 1932,899 1932.899 The invesknent prnperty is OMry￿dbY Bwlis MediaLAL In the yeerBaylis mediaL￿tranSlt￿ed to FRS105 fmm FRS102, therefore the property is included in the fthancial statemcDts ateost less thpTr¢t2tson &$ opposed to falr vai 21

LOUIS BAYIJS (MAIDENHEADADVERTISER) CHARrrABLE TRusr NOTES 014 FINANCIAL STATEMENTS FOR THE YKARENDED 30TH JUNE 2024 & INVESThlENTS (knllp IBMACT IBCT 2024 2024 2023 2L176 9.536.137 134,369 22.176 10.547.245 .List¢d llivestm¢at$ at valuation Bst]kfiu2ds beldby i￿veStMellt bTok¢r IOJT4944 9.536.137 "t84J69 •11 10ST2944 9.720.506 25,699 9.741682 10.569.421 Th¢ listed inv¢stm¢nts represent fixed Inte￿5t tatebond& invest1￿ 2nd Tr¢&sury Stock, and equities The following w¢te the holdipgs ofmore thari.Th ofth¢ slw¢ c&pIt￿ ltthe ba]ance sheetdate: Sutsidiari¢s De5criptioD and Pro￿rtIon or share capitAI held Country or incoryoration Net 2SSets Bayiis MediaLirnited (Rental compally} £3,002,058 Fnglznd and Wales Ordinary IOOV Tbe Yeg￿t¢ffd offices ofth¢ 5ubsÈdiary isNewspJperHou& 48 Bell Street M2idenh#4 Berksbile SL6 IH 9. DEBTORS Grnup Chsrity- IBhJAcr 2023 ChArlty- iBCT 2024 2023 2024 2023 Duc within one year. Trad¢ debto Prepayments and awrued inco Ta¥ation 6J30 1259 374 7.712 96.941 96.397 8963 104.653 96.397 Due in mwythan oneyear: Other debtors 455.000 455.000 455.1)00 455,000 Other debtors due 8fterone yeat compiise Hn interestfree loao grant to Maidenl￿d Heritage Ccntre of LN55￿00. 19dLDecernbcr 2026 vthichbas be¢n secuT¢d oll the propcrty the Wlieroccupi 22

LOUIS BAYLIS WIDENHEAD ADVERTISER) CHARlfABIE TRUST NOTES ON FtNANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2024 ID. CREDITORS: Amounts falling due withtn one year Grnup Charity-LBMACT 2023 Chartty-IXCT 2024 2023 2024 Trade eredtto Other taxe5 wjdsocial S￿rity,... Othcr Lyethto 36 33A48 13248 24.650 1500 44278 60,005 13248 24,650 1500 11. ENDOWMENf FtJNDS Th¢ perIn￿t ¢ndownent fvnd represenlk" theoriginal￿ft0r£I.50Q sbwof£l eachfjlltypA1¢rep[P5enfn￿ IOO%ofthBequityshate¢4JilalofBay]is Media Limited (he coow8llyJ" Ibe purrhBse of the noTr¢quityslwes in the company for £20,676. totslling £21176 agxft of £4mn forth¢ ofe5tshli8hiDg a penDan¢nt ethwment forthe Charity TheEXpendabkEnd0i￿nentF￿idrepresentsthetsHllSferoff￿￿dsfrOmthCCOMp8nydes1gu￿tsdby￿ecornPpQy%$Expendab1e EndowmenL Thls ¢ompmrnises of thcJrrnaintng fLYed 85t investmenty ullr¢aJl￿g9InS andthe to Mlidellhead Heritsgc TrusL The non.¢h8ritable ITading run&5￿PIeScnts the AetLwts value oftFte CoU￿B￿y. 12. ANALYSIS OF CRouf NET AssKfs BETWEEN FUNDS . ljllres ¢t GenBrAI FuRd Ch2rity .F￿d0￿Mellt Fund Baylis Medta L4mit¢d Total 2024 KxpvndxHe Ch4rity Pernianent Chanty Fixed asset investments unrealis￿ iDv¢stment gdin Debtors Cash at bank and in h3nd Cr￿lto[s amounts due within oneyear 4J80,038 1.691905 455,000 4.OZ1177 1993.1 11.895J37 1,692,905 463.963 608,329 (44278) 12)9 577567 (15.748) 6,704 30,762 (28.530) 564.078 7.027943 4.021177 3,001058 14.616,256 23

LOUISBAYLIS (MAIDENHEAI) ADVXRTLSER) CHAIUTABLE TRUST NOTES TO THE FINANCIAL sfATEMENTS FOR ThEYEAR ENDED 30Th JiINE 2024 13. RELATED PARTY TRaNSAcfioNS The Tntstr¢s Mr P..J Sattds and MRP Wmurcott aT¢ nott.execTLtiYe of Baylis Media forwhtch they jiave ffCBivcd no r¢m]m¢rationduriogthé perio D￿trIgthe period the ¢hBrity teceiyed prof￿10)￿] setvices from CTaufiwdH2le LLP, lJ8rletgJ Au¥Juttt8nts. a busines8 irtwhicb the Trustee MrP W Murcott 15 a cortsllitsnt, irl ffsp¢ct oftheprovision of accounting scrvices totsliitig £14,350 DuriDg th6 periodthe followi￿.￿ants and awBrdsThFeTrm2de to tbe fo]Jowiry c1wili￿ and orgwi5alion5 inwhich the . trJBtee5 ha￿ an inletcst Mr P J Sattds £2,000 Ptnto Projeci £25ORotary Club Maidetthead Tham¢s Santl's Grotto Mr P W Mureott £9,050 People to Places (resign¢d &9 4 Tmstee October2015, now 8p#troll) £250 ItTrt8ry Club Maidenhead Thatnes Santh's Grotto PA Lattimer £I.000 LarchfikdPTA Mr J Robertson 000 MaidenhtadUnitethRofonD¢d Chuxch Uknine Please nots MrP J Sgnds and Mr P W Mwcottare of Ib¢ Rotsry Club IMAitsnbead Thames. The chaEity hadno tra1￿c￿ V￿t￿ itsti8ding.sthsthy Baylis MedsalA iILe chatity Jnade apaymetttof£ioa.000 to Bayli4 Coffjmity Media CIQ

LOUIS BAYLIS ￿AJDEN￿KAD ADVERTISER) CHARrrABLE TRusr NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ETr4DED 311Th JUF4E21PA 14. PIUOR YEAR CONSOLIDATED sfATKMENfs OFFINANCIAL AcrivI The conwlidated Stskmentof Fir￿￿￿1a1 A¢tivili¥ on Page 13 sbow8 O￿Ythe10tsl prmyr figure& Belowarethe totsis fortheye8r 2022123. spltt into UDT¢strictd aDd en&)wmeDL . ￿arity MEdt2 limited Tncome from: Other activities: Cornmercial ttading op¢rntioDS Jnve5tmeJ]t8 287957 71,09D 359,047 287.957 71.090 359,¢M7 0therewendltu￿. cO￿ne[claI trading operations 21KI5 21805 itable activiti¢5: EyJenditur¢ on thatitable a¢tivities. 42&679 44679 Totsl resourtes exFnded 42&6 21805 45L484 (Losses)IGaiDS Oll illTreStm¢yta$5ets IW9 Net{￿*￿￿(uTe}1 illeowe for the yesr (140,722) (8Qg)71 48,285 Gn1$5 tr￿￿TerS lthen fiJAds 700,3fJ (7tiy&J) Net]no￿￿tlD fun 559.665 (787J83) (179,433) Fund balances at I luty 2022 81637 10985,065 189&446 13.966.148 mjnd balances #t30 Jullt 2023 641302 10.197.682 £946,731 13.786,715

InutSBAYLtS (MAIDENHEADADVERYYSER) CHARITABLE TRUST ANALYSIS OF CHAJtrrABLE DONATIONS FOR THE YEAR ENDED 30TH JUNE 2024 Gxxnt No. 2024 2023 Natiollal Charilles British Disabkd Antyti]gAsso The British Forces Foundation British Limbless Ex Serviccmens Assoc. Cancèr Support UK CLIC SaTgellt- Youlh v Cancer Combat Stress DEBL Dogs for Autism Great OTmond Street Elospital LIDDS Sports Academy HEART UK CholesteroL Charity Motor Neurone Disease Association RAF Benevolent Fund Target Ovariall Caucer The British Fo￿eS Foundation W)ta]i8e 1,000 .500 500 1,000 1,000 500 2,000 2,000 1,000 2,000 2,000 2,000 1,000 2,000 3,000 1,000 Total National Charities 11,500 11.00 Regir)nal CbaTities Atzbeimers Dementia Support Berkshire Autistic Society BerL%hire Care Trwt Berkshire M S Th¢rnpy Centr¢ Berkshire Masonic Charfjty Berkshire Masons 2023 Festival Berk5hiTe Masons Panto Project. Berkshire Unicorns RFC Berkshire Vision Building for the Futurc Care4Calais Cancer Support I]K (Berk5hr¢) Child Autisni ,Daisy's Dream DougIas Bader Foundatton Headway Thames Valley Helen & Dougks House Thame5 Hospi¢e Thames Valley Adventure Playground Thames Valley Air Ambuknce Thames Vallcy Hospice 2,000 2,000 2.000 2.OOQ 2,000 1000 2,000 1.000 1,000 2,310 500 1,000 500 1000 6,000 1,000 2,000 2,000 5,000 1,000 2,000 Total Regional Charities 13 20,500 20,810 26

LOUIS BAYLIS (MAXDENHEAD ADVERTISER) cllAR￿ABLE TRUST AIYALYSIS OF CIIAIUTABLE DONATIONS FOR THEYEAR ENDED 30TH JUNE 2024 Local Charitles 1st Burnham & TapIow RaFEe 1st Clewer Brownies 1st CoDkham thudes 22 Counselbng 911 Bwnham Beeches Rotary.Chth 6th Ivindsor Brownies Absolutety Leisure Adult Dyslex AGE Concern Slough & Berksbre East Age Concern Wm(tsor Alexander Devll)s Chlldre￿ Hospre ALLsorts Akheimers Dementia SuppTt Ascot & Maidenhead SchcK)I Spor Part[￿ship Autism Group Baby Bank Windsor Bayjis COMM￿lty CIC Beehive Preschool Bisham Nest Box Group Blue Acre Horse Rescue & Rehab Centre Boyne Hill Crr¢ket Club Bray l￿ge Hall Bray & Hotyport Scouts Braywick Heath Nursery (WAMU) Braywick Sm Assoc Braywood CotE First Sch￿1 Britwell Youth & Conllnuty Project BLml)an Meu s Shed Busy Butto￿$ CORE Camp Mohawk Chattertots Chdd Autism (fornierty PEACH) Circus Sta citi￿￿$ Advice Bureau East Berk& Ckwer & Dedwortb Community Events Clewer Non Ecclesiastical S(￿. Clewer Scout & Guide Group Cookham & Maidenhead Arts Tra Cookl)am Christrnas Soc. Subaee St Party Cookham Dean CC Cookham Dean FC Cookham Festtval 500 545 700 35CO I,000 500 3,000 1.000 10(K) 5,000 500 2,500 1000 1.000 5.000 1,000 2275 I,ooa IoD,000 500 500 100,oiio soo 1000 750 500 3.000 25 1,000 1,000 1000 500 600 25,000 1,000 500 500 1,000 750 750 250 1.000 5fy)

Loifis BAYLIS (MAIDENHEADADVERTISER) CHARfFABLE TRUST ANALYSIS OF CHAR￿ABLE D.ONAT1014S FOR THE YEAR ENDED 30THJUNE 21)24 Cookharn Footprints Cox Green CG2000 Cox Green Comn]unity Summer Camp Cracker Appvdl CrdGkeriack Chlldrens Trust Craft Coop CIC Cycling Without Agé Dragon Explorer Scouts E&4t Berks MS Society Electric Ee]s Swin]ming Club Elizabeth Hous& Cookham Eton Allotment Soc Eton Community CIC EtOD Town Coun¢1 Bton Ivick First School Eton Wick Youth Club Famity Friends in W.indsoT & Dat'head FC Hotyport Friends of cook1￿M Abbey Get Together Club Holyport Community Trust Holyport Cricket Club Holyport Darby & Joan Club Holyport Memorial FC under I Is Hw]ey VJ]la8e Haul Assoc Home Park Lawn Tetffti8 Club HO￿ in Depression Kancez-Bi Foundatioll Kevin Cm8e Foundation LarchfIeld Ladybirds Larchfiel PTA Leisure Focus Trust .LiDk Foundatio Lions Club Christmas Sjprnnarathon Lions Club of Wind%or Mabarastrian Maidenhead ma￿emhead.CIub for Ytsually Inipawed Maidenhead & Bray Cricket Club Maidenhead Boys & Gir]s FCI Town FC Maidenhead & District Stroke Club maide1￿C&d Advertiser (School Trees Fulld) Maidenbead Amateur Switnnmg Club f25 400 290 1,000 5.000 750 1,700 500 1 1,000 1.000 1.000 800 720 500 L,000 1,000 I,000 1.000 580 2.000 1.000 800 800 250. 1,000 2,500 2,000 420 1,000 1500 4,500 2,000 995 4,000 2,000 2,000 1.000 1.000 900. I,ooo 700 2.000 28

LOUISBAYLIS (MAIDENHEAD ADVERTISER) CHARITkBLE TRUST ANALYSIS OF CHARTTABLE DONATIONS FOR THE YEAREDIDED 30TH JUNE 2024 Maidenhead Boundary Wa Maidenhead Choral.Scc. Maidenbead CitizeThs Advxce Bureau Maidenbead Civic Society Maidenhead Comtnunty B{￿ Festival Maidenhead Cornm￿1ty Watch AssoG. Maidenhead COVID Garden Maidenhead Drama Festival Maidenhead Festival Maidenhead Festival uf & Dance Maidenhead Golf Juniors Maidenhead H￿keY Cknb Maidenhead Macular Soc. sUp￿rt Gmup Maidenhead Mwic Soc Maidenhead Post NatalHe]p Group Maidenhcad Rotaract Club Maidcthad Sea Cadets Maidenbead Tall(lligNew5paper Maidenhead Town FC Maidenhead Trefol Gulld Maidenhead United Reform Church Ukrane Mai(leTthead VolL]nteer Bureau Maidenhead Waterways (Famty Day) Maidenhead Waterways Restorat•)n Group Manor Green School Marlow muse￿ll Marlow United Charittes Men's Matters Methodist ChUrCE￿ High SL. MaidcTthead Mhd & Widsor Vision Norden FaTrn Centre for the Arts Number 22 Conllnuty COu￿e￿Ill]g Scrvice Panto Project Parenting SFE¢ial Chlldren People to Pknes Phoenix Gynu]a5ti¢sl Tamplinllig Club Pinkney's Green Cricket Club Pinkneys Green FC Queen A￿¢ Royal Free CofE Frst Sch(Kil Quire Voices RBWM Chrislmas Ligtts RBWM Clnnate C1)mm￿lty (ReFHr Café) i.ooo 600 1,000 1.500 1000 1s(J) 5.000 450 2,000 1.000 500 1500 1.000 500 350 2,000 1,000 500 4,000 500 3,000 4.000 1000 1,000 9,050 1500 1,000 1,000 17,125 i.000 i.oc 1.000 5,5(Kl 1,000 6.000 29

LOUIS BAYLIS (MAIDENHEADADVERTISER) CU￿BJTABLE TRU AhALYSIS OF CHARITABLE DONATIONS FOR THEYEARENDED 30TH JUNE 2024 ¥oo RBWM M'hd Toiwn Partners14) RBWM Wllts & Eton Lglts R¢£barge R&R Relay for Life Ascot Riverside cO￿el￿g Services Rol￿Oll Rotsry Club of Mavjenhead Biidge Boundary.Wa]k Rotary Ch]b of Mai(lenhead TIMmes Mhd Got Tale Rotaract Club of Maidenhead Rotary Chlb Maidenhead Thames . Satrta's Grotto Rotary C]ub of Maidenhead Tha￿s. Rotsry Easter Fun Day Rotsry Prostate Screenll]g ROYRI Free Singers lioyal WllthoT Rose & Hort SOG Salvation Arn sanwI￿ Slough Sequela Found&tion Sh&kestEaTe As You Lke It 1500 3,000 500 1.000 750 500 500 250 250 1.000 1.000 l(M)O 900 2500 2500 900 Sideways Dra]Da Sbugh BC Cbri8tmas Liglts 21Y20 Slough Immj'gralion Aid Un Slough Modest.Sistws SIou8h Refugee Support Sbu8h School Sports NeÉwort( Sbugh Synchronised Skating Cl Slouth Windsor & ￿head Theatre Co Smart WorksReadll)g St John EvangcJisL Littkwick (Ireen St Luke'5 ChLrch Baby & T(MJdler Group St IA&e's School St Marks Cresc. Methodkst Church St Mtys Chur¢h Wbite Wattbam Stand Out for Autism Stsnley SpeDcer MemorialTnL8t st￿ in the cornm￿)1ty CIC SuppJrLing Fanths iu Win&8or & Thd Swan Lifeth]e Swan Support Tapbw & Bumlmm Guide Supporte 2350 900 1,000 I,ooo 1.000 3500 1.000 s￿ 1,0 iJ)00 30

LOUISBAYLIS(MAIDENHEADADVERTISER)CHARTTABLKTRusr A]YALYSIS OF CIIARITABLE DONATIONS FOR THEYEAR ENDED 30TH JUNE 21 Templ¢ Go]f Club Artisans The Brett Foundation The Cowsb¢d ch￿￿Y The Dash Charity The Dionysus Ensembl¢ The Jolly Cod8¢rs Lunch Cknb The Link Foundation The Liviogs Trust The Old Court CIC The Sports Col]ectiv¢ CIC Tvryford & Ru5combe C(Immunity Theatre Group TTryfDrd Christmas Fayre Twyford Together Ufton Court Educational Trust Voices Anon Wargrave FC Vlhite Waltlwn Criok¢t Club White Waltham VdFage kssoc. Wild Cookham Windsor & MaideDJJead Community Formi Windsor & M'hd Symphony Orchestra Windsor Baptist Church l Kitchen Wii)dsor Divi¥iDn Quide5 Windsor Festsval Windsor FoodshaTe Windsor Homeks5 Windsoy HoThe Rangers Windsor Instrument Bank (Platitium Jubkn) Windsor LiDDS (Tefund of unus¢d yÈnt) Windsor Netball Club Windsor Parish Church with All Saints Windsor St. George Rotary Club Repar Cafe Wooburn FestiYRI Yeldall Christian Centre 500 3,000 1.000 4,000 3,000 1.000 500 2,000 1,000 T20 1.000 50Q 500 980 900 500 1.000 250 1,51)0 1.000 4,500 1,000 250 4,000 1,000 3,000 2,500 2,500 3,000 (1,000) 1.000 I,DOO 1,000 1000 1,000 Total Loesl Ch2rfties 131 297.690 290,785 Totsl All Charitle5 329,690 322,595 31