2024-03-31-accounts

EDWARD HARVIST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHARITY NUMBER: 211970

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Contents Page SeGtion 1 Legal and Administrative Details Section 2 Trustees, Annual Report Section 3 Statement of Trustees, Responsibilities Section 4 Financial Statements Section 5 Independent Auditorfs Report 17 Appendix 1 Distribution of Grants by Trustees 2023-2024 20

SECTION 1: LEGAL AND ADMINISTRATIVE DETAILS Trustees The Trustees consist of a representative of each of the beneficiary authorities. The following trustees continued in office throughout the period. INhere indicated, changes have taken pla between the year end and the date the accounts were signed: London Borough of Barnet Councillor Edith David London Borough of Brent Councillor Ihtesham Afzal London Borough of Camden Councillor Heather Johnson, Chair London Borough of Harrow Councillor Pritesh Patel (until 16 May 2024) Councillor Jean Lammiman (from 17 May 2024) City of Westminsler Councillor Concia Albert (until May 2024) Councillor Md Shamad Chowdhury (from May 2024) Advisers The London Borough of Harrow administers the Charity. Its powers of investment are limited by the Trustee Investment Act 1961. Principal address The Honorary Secretary, Edward Harvist Charty, L.B. of Harrow, Harrow Council Hub, Forward Drive, HARROW, HA3 8FL. Vishal Seegoolam Democratic, Electoral and Registration servI￿s Manager (London Borough of Harrow) Honorary Secretary Honorary Treasurer Sharon Daniels Director of Finan￿ (London Borough of Harrow) Registered Custodian Bank of New York Mellon (International) Limited, One Canada Square, London, E14 SAL Investment Managers BlackRock Investment Management (UK) Limited, 12 Throgmorton Avenue, London, EC2N 2DL Auditors Alliotts LLP Chartered Accountants and Business Advisors, Manfield House, 1 Southampton Street, London, WC2R OLR. Bankers National Westminster Bank Pl¢, Harrow Town Centre Branch, 315 Station Road, Harrow, Middlesex HA12XZ.

SECTION 2: TRUSTEES, ANNUAL REPORT The Twstees present their Annual Report and Financial Statements of the Edward Harvisl charity for the year ended 31 March 2024. The Financial Statements have been prepared in accordance with the accounting policies set out in Section 5 to the accounts and comply with the Charity's governing document, the Charities Act 2011 and the Accounting and Reporting by Charities: Statement of Recommended Practi￿ applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Structure Governance and Mana ement The Edward Harvist charity {also known as the Harvist Estate) dates back to 1610 and is registered with the Charity Commission under charity number 211970.The Scheme of Administration is set out in The Charities (Edward Harvist's Charity) Order 1975. The Fund relates to income from estates fomierly administered by Hendon Rural District Council on the line of the Edgware Road. These properties have been sold and the monies are now invested in an investment portrolio Ihe income from which is distributed in full to the beneficiary authorities in proportion to the length of the Edgware Road passing through their areas. Appointment of Trustees The trustees consist of five competent persons appointed to represent each of the London Boroughs of Barnet, Brent, Camden and Harrow and the City of Westminster. The trustees in office during the period of this report are set out in Section 1. Details of officers and advisers are also set out in Section 1. Each appointment is normally made for a specific temi at a meeting convened and held according to the practi￿ of the appointing authority. The person appointed may be, but need not be, a Member of the appointing authority. Trustse Induction and Training New trustees are provided with copies of the Trust Deed, Annual Report and Accounts and the Charity Commission guidance {'The Essential Trustee,). Trustees understand the importance of undertaking training. Ob'ectives and Activities for the Public Benefit The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidan￿ on public benefitwhen reviewing the Charity's aims and objectives and in planning future activities and setting the grant making policy for the year. The Charity's objective is to further all, or any, of the following purposes.. The relief of the aged, impotent and poor inhabitants of the London Boroughs of the City of Westminster, Barnet, Brent, Camden and Harrow {the inhabitants of the said London Boroughs being hereinafter referred to as the said inhabitants")., The relief of distress and sickness among the said inhabitants. The provision and support (with the object of improving the conditions of life for the said inhabitants in the interests of social welfare) of facilrties for recreation and other leisure-time occupation.

The provision and support of educational facilities for the said inhabitants., and Any other charitable purposes (whether of a nature similar to any of those herein before specified) for the benefit of the said inhabitanls. The Charity distributes funds to the five authorities who then make grants to appropriate Organisations for public benefit to improve the lives of their inhabitants. All five beneficiary local authorrties report details of the grants made in their boroughs to the board of Trustees. Appendix 1- lists the distribution of grants in 2023-24 by the London Borough of Harrow, Barnet, Brent, Camden and by Westrninster City Council. Risk Mana ement The trustees confim that systems have b￿n established to enable regular reports to be prodU￿d so that the necessary steps can be taken to lessen the major strategic, business and operational risks which the Charity may face. Currently the main risk facing the charity is ensuring good returns on investments held. Financial Review Investment Pollc Performance and Achlevements The Charity's investment policy continues with the objective of maintaining a balanced return betW￿n long-term capital and income growth. The market value of Ihe fund's investment portfolio as at 31 March 2024 was £10.599m (31 March 2023 £10.370m), an increase of £0.229m (2.2 % ). Having taken appropriate advice from the Charity's Independent Investment Advisor, the Trustees approved a significant realignment of the Charity's investment assets in 2020-21. Following that realignment, all the Charity's investments have been held in the Blackrock Charities Growih and Income Fund since July 2021. Rea116•d ProllUL¢)s dlll¢MW at cost MarketValu9 at 31.03.24 Book Val￿¥ at Ji.03.24 Pr(rt•gds at chan￿ In Mgwk•i¥alu• 31.03.23 BlatkrLxSf Gharlties Grovrth 8 knccrfre Fund 10.369,957 229.237 10,599,194 10,*0,760 10.369,957 229.237 10,899,194 10.960,760

The charl below shows the change in market value of the portfolio over the last three years. Investment valuation at 31 March 14,000,(X]o 12,000,000 io,000,ooo 8,000,OCK) 6,000,OCK) 4.(h)O,o 2,Q)O,COD 2022 2023 2024 The Blackrock Charities Growth and Income Fund is a multi-asset fund, and hence the actual asset allocation will vary from time to time. All of the Charity's assets have been held in this Fund since the completion of the transition of property assets into the Fund during Q2 of 2021. The table below shows the Fund's strategic benchmark allocation to each asset class, and the actual allocations at the end of each quarter in the year lo 31 March 2024. Asset Class Strategic Benchmark Allocath'on location at 30 June 2023 Allocation at 30 Sept 2023 Allocation at 31 Dec 2023 Allocation al 31 March 2024 Global equities 60 59.0 59.2 62.2 Fixed Income 20 17.8 17.1 18.1 19.7 Allernalives 20 27.2 25.2 25.7 24.3 Cash and Derivative cover Total 100 100 100 100 100 The Charity's total income during the year was £365,372 <2022-23 £344,905). After allowing for expenses amounting to £20,399 (2022-23 £24,537) and the £344,973 (2022-23 £320,368) which was distributed to the beneficiary authorities as set out in the Scheme of Administration (and shown in the notes to the financial statements), the net operating income was nil (2022-23 nil}. The beneficiary authorities have ￿rtifIed that the distribution monies have been, or will be, spent in accordance with the objectives of the Charity. The net movement in funds was £229,237, reflecting an increase in the market value of investments (2022-23 was -£1,072,119, reflecting a fall in the market value of investments).

Incoming Resources over 5 years (£) 49).CXXI 4LXJ,00) 39),ThXI 30JPO) 29),0(￿j 2L¥J£(I) 1g).oco Ic¥)pco 5QCIXI 2024 2023 2022 2021 2020 During 2023-24 the Trustees met on 28 June 2023 and on 29 January 2024. They considered reports on monies disbursed to the recipient authorities and details of their expenditure, the performance of the Charrty's fund managers from both the managers themselves and the independent adviser. Future The market value of the fund investments has increased by 2.2 % in the year, mainly because of the performance of equities. compared with a decrease of 9.4 % in 2022-23. The decrease in 2022-23 occurred largely because during that year markets were adversely affected by the impact of the war in Ukraine on energy and commodity prices, other inflationary pressures and increases in interest rates made by ￿ntral banks. In practice, financial markets are always potentially volatile. In the long term the Trustees anticipate that the value of Ihe portfolio will grow, while at the same time continuing to provide the consistent stream of income which is required to facilitate the Charity's grant making objectives each year. Resèrves Polic In accordance with the Scheme of Administration, it is the policy of the trustees to distribute all net income received whilst maintaining sufficient reserves to meet administration expenses. Currently (at 31 March 2024) the endowment fund holds £10,599,1g4 (£10,369,957 at 31 March 2023) which is mainly represented by investments held and therefore the charity has no 'free' reserves (unrestricted general funds).

SECTION 3: STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees are responsible for preparing Ihe Trustees. Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢￿pIed Accounting Practice). The law applicable to Gharities in England & Wales requires the Trustees to prepare financial statements for each financial yearwhich give a true and fair view ofthe state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period. In preparing those financial statements, the Trustees are required to: Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities SORP" Make judgments arKJ estimates that are reasonable and prudent., State whether applicable accounting standards have been followed. subject to any malerial departures disclosed and explained in the financial ststements; Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure thatthe financial statements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Councillor Heather Johnson, Chair Signed on Behalf of the Trustees 24 January 2025

SECTION 4: FINANCIAL STATEMENTS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Restricted Endowment Funds Total Totsl 2022-23 Notes Fund¥ 2023-24 Income and Endawm•nts from: vestments- Diviéends 363.268 2,104 363.268 2,104 333.410 Interest Donat￿)ns- InveStn￿nI Fee rebate 10,786 Total In¢ome 365,372 365.372 344.905 ndlture on: Charitable adivitiès -344,973 -20,399 -344,973 -20,399 -320,368 -24,537 Governance Costs Total Expenditure .365,372 465.372 44,9D5 Net operating incorT Gainsl{Lossesl on investwts 229,237 229,237 -1,072.119 Net movornent in fund8 229,237 229,237 -1.072,119 Total Funds al 1 April Totsl Funds at 31 March 10,369,957 10.599,194 10,369,957 10.599,194 11.442.076 10.369.957

BALANCE SHEET AS AT 31 MARCH 2024 Notes 31.03.2024 31.03.2023 Fixed Assets ve$trY￿lts 10,599.194 10,369,957 Current A¥¥eis Debtor- Cash with LB Harrow 17.376 94,549 111.925 20.997 84,597 105.594 Sundry Dèbtors Liabilitie8 AThunls falling due vnthin one year -111.925 -105.594 Net Currgnt Assets NetA$sets 10,599,194 10,369,957 Endowm9nt Fund 10,599.194 10.369.957 The notes on pages 11 to 16 fomi part of these accounts. Approved by the Board of Trustees on 24 January 2025 and signed on its behalf by. Councilloi Heather nson, Chair Trustee Charty number: 211970 10

NOTES TO THE FINANCIAL STATEMENTS 1. Accountin Policies Charit information Edward Harvist Trust is an unincorporated charity registered with the Charity Commission in England and Wales with registration number 211970. The charity's registered address is London Borough of Harrow. Harrow Civic Hub, Forward Drive, Harrow HA3 8NT. Basis of re aration The financial statements have been prepared in accordan￿ with the Statement of Recommended Practi￿. Accounting and Reporting by Charities preparing their accounts in accordance wrth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102){effective 1 January 2019) and the Charities Act 2011. The charitable trust has taken advantage of the provisions in the SORP for charities applying FRS102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The accounts 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 Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which referred to in the Regulations, but which has since been withdrawn. The accounts are prepared in sterling, which is the functional currency of the chaTltable trust. Monetary amounts in these financial statements are rounded to the nearest £. The trust constitutes a public benefit entity as defined by FRS 102. The accounls have been prepared under the historical cost convention. The principal accounting policies adopted as set out below. 1.2 Goin con￿rn At the time of approving the accounts, the trustees have a reasonable expectation thal the charitable trust has adequate resour￿8 to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going contsrn basis of accounting in preparing the accounts. 1.3 Investments Fixed asset investments are initially measured at transaction pri￿ excluding transaction costs and are subsequently measured atfair value ateach reporting date. Changes in fairvalue are recognised in net incomel(expenditure) for the year. Transaction costs are expenses as incurred. Investments are shown in the accounts at fair value, which has been determined as follows: Listed securities and securities on the Unlisled Securities Market (USM) are shown by referen￿ to bid market price at the close of business on 31 March 2024;

Other unlisted securities are valued having regard to latest dealings, professional valuations, asset values and other appropriate financial information., Unit trust investments are stated at the mid point of the latest prices quoted by their respectNe managers prior to 31 March 2024; Where appropriate, investments held in foreign currencies have been valued on the relevant basis and translated into sterling al the rate ruling on 31 March 2024, and Gains and losses, whether realised or not, are reported in the Statement of Financial Activities. 1.4 Charitable Funds Permanent Endowment represents a fund where the caprtal is required to be retained but the income from this fund can be spent subject to specific restrictions contsined in the original endowment. Restricted Fund represents the income of the permanent Endowment Fund whose use is restricted to specific purposes according to the terms on which the income was received. Income All incoming resources are included in Ihe Statement of Financial Activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. Investment income is included when re￿1Vable, and includes dividends, interest and investment fee rebates. All income received from the investment fund is treated as restricted income to be distributed in line with the objects of the Charity. enditure Expenditure is recognised on an accrual basis as a liabilily is incu￿ed. Charitable expenditure comprises costs of activities in furtheran￿ of the charitable objects. Support costs include those costs associated with meeting the constitutional and statutory requirements of the Charity together with the costs of running the Charity such as audit and administration fees. 1.7 Cash and cash e uivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other shorl-term liquid investments with original maturities of three months or less, and bank overdrafts. 1.8 Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as re￿1vable within one year are not amortised. 12

1.9 Basic financial liabilities Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or seNices that have been ac4uired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Dereco nition of financial liabilities Financial liabilities are derecognised when the charitable trust's contractual obligations expire or are discharged or can￿lled. 1.10 Taxation The Charity is not liable lo UK income tax on income arising in relation to its charitable activities. The Charity is not able to reclaim VAT on its expenditure, and so all expenditure is shown inclusive of VAT. 1.11 Distribution of Funds The total investment income, less the support costs, is fully distributed to the beneficiary authorities. It is at the discretion of the authorities how the money is spent, but each authority is required to certify that the monies have been, or will be, spent in accordance with the objects of the Charity. 1 .12 Critical accountin estimates and ' ements The trustees consider that there are no critical judgements or key sources of estimation uncertainty in the accounts. 1.13 Trustees Remuneration No remuneration was paid to Ihe Trustees, nor were any expenses reimbursed within the current or preceding year. 1.14Em lo ees There are no employees in the current or pre￿dIng year. l3

1. Income 2023.24 2023-24 2022-23 2022-23 Restrictsd Fund Endowment Restricted Endowment Fund Fund Fund Divid8nd5 Irileresl ILB HaTrowl Blackrock fee iebale 21-22 363.288 2,104 333,410 709 10,786 344,905 365.372 Donation - Investrr£nl Fee Rebate Total Income 365.372 344,905

2. Charitable activities 2023-24 2022-23 Oistribution$ to Authorities Lon¢Jon Borough of Bamet London Borough ol Brent London Borough of Camden London Boroijgh of Harrow City of Westminster 31.012 106,983 95,489 36,9 19,298 86,243 344.973 27.680 88,678 34,324 17,921 80.092 320,368 10.714 5.594 25.IK)O 100.000 Support Costs {Note 41 20,399 24.537 Total Charitsbl• Exp&ndlturg 365.372 344,905 4.su ort costs 202>24 23.24 2022-23 2022.23 Restricted Endowment Restricted Endowrn•nt Fund Fund Fund Fund Pdministralion costs ILB Harrow) Ttuste85' In5uranca 7,265 218 6,668 700 Professional Fees- InvestffEnt Advisor 4.320 96 4,320 52 Stock Exchange Register nnual Audit Fee 8,000 7.000 1.200 4.597 h¢rease to Prior Year ￿J￿1t fee c(Jme Tax rebale written back 20.399 24.537 Investrrenl Manageffl8tLt Fsas 20,399 24,537 14

3. Invesbnènts Cumulative Appreciation on Book Value nnua Appreclatio on Markot Value Book Valuè at 31.03.23 Mgrt•t Value at 31.03.23 Book Value at 31.03.24 Value at 31.03.241 Blackrock Charities Grwth & Incx)rTE Fund 10,960,760 10,369,957 10.960,760 10,599,194 -3.30 2.21 10,960,760 10,369,957 10,960,760 10.599,194 .3.30

4. Sund Debtors The following table sets out sums owed to the Charity but for which payment had not been received by 31 March 2024. 2023.24 2022-23 Blackrod( Invest Income 94,549 84.597 84.597

5. Liabilities- Amounts fallin due within one ear The following table sets out sums owed by the Charity but for which payment had not been made by 31 March 2024 23-24 2022-23 London Borough of Bamet London Borough of Brent London Borough of Camdèn Lon(k)n Borough of Harrow City of Westminster Audit Fee 23124 London Boiough of Harrow administration -23,648 -21,107 .8,170 -4.266 -19,C63 -8.Ch)O -27,453 -22,19J -19,806 4.003 -17.889 -13,600 -20,362 Sundry Credrtors -218 -78 -111,925 -105,594 15

6. Fund Movements Analy81$ of Movom9nt ofFund8 Balance as at 31.03.23 Not Plov8mènt of Funds Balan¢0 as at 31.03.24 Income Expenditure Gains {los8esl on Investsnents Restrided Funds 365,372 -365,372 Endowment Funds 10,369,957 229.237 10,599,194 10.599.194 Total 10,369,957 365,372 -365.372 229,237 Analysis of N"et Assets at 31.03.24 Tang le Fixed Assets Current Assets Current Llabiliti?s Balance as at 31.03.24 Reslricled Funds Endow￿Ent Funds 111,925 -111,925 10,599.194 10,599,194 10,599,194 10.S99.194 Total 111.925 -111,925

7. Related Party Transactions By the terms of the original trust deed, all the trustees are representatives of the London boroughs that receive grants from the Charity, the details of which are disclosed in these notes. The London Borough of Harrow provides administration support, the fees are which are disclosed in nole 4, and holds the cash funds of the Charity pending distribution. Apart from the above, there are no other related party tiansactions. 16

SECTION 5: INDEPENDENT AUDITOR'S REPORT Opinion We have audited the financial statements of Edward Harvist Charity {the "Charty") for the year ended 31 March 2024 which comprise the Statement of Financial A¢tivities, Balan￿ Sheet and notes to the financial stalemenls, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Stsndards, including Financial Reporting Standard 102. The Financial Reporting Slandard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements= give a true and fair view of the state of the Charity's affairs as at 31 March 2024 and of its income and expenditure forthe year then ended- have been properly prepared in accordance wrth United Kingdom Generally Accepted Accounting Practice; have been prepared in accordance with the raquirements of the Charities Act 2011. Basls for oplnlon We Gonduct8d our audit in accordance with Intem8tional Standards on Auditing (UK) {ISAs {UK}) and applicable law. Our responsibilities under those standards are further descnbed in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordan￿ with the ethi¢al requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard, and the provisions available for small entities, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going ¢oncern In auditing the financial statemenls, we have concluded that the Trustees, use of the going concem basis of a¢counting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material Un￿rtaInlieS relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going ¢oncem are described in the relevant sections of this report. Other infomiation The other information comprises the infomation included in the annual report other than the financial statements and our auditorfs report Ihereon. The Trustees are responsible forthe other infomiation contained within the annual report. Our opinion on the financial statements does not cover the other infomiation and we do not exwess any form of assurance conclusion Ihereon. In connection with our audit of the financial statements our responsibility is to read the other information and, in doing so, Gonsider whether the other information is materially inconsistent with the financial statements or our knowledge oblained in the course of the audit, or otheThvise appears to be materially misstated. If we idenlify such material inconsistencies or apparent material misslalements, we are required to detemin& whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. 17

INDEPENDENT AUDITOR'S REPORT Continued Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if., in our opinion.. the infonnation given in the financial statements is inconsistent in any material respect with the Trustees, Report., or sufficient accounting records have not been kepl", or Ihe financial statements are not in agreement with the acGounting records- or we have not obtained all the information and explanations ne￿$sary for the purposes of our audit. Responsibilities of the Trustees As explained more fully in the Trustees, Responsibilrties Staternent set out on page 8, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal Gontrol as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the Charity's ability to continue as a going concern, dis¢losing, as applicable, matters related to going concern arKI using the going concern basis of accounting unless the trustees either intend to liquidate the Char'ty or to cease operations, or have no realistic altemative but to do so. Auditor's responsibilities for the audit of the financial statements We have been appointed under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objeclives are to obtain reasonable assurance about whether the financial statements as a whole are free from malerial misstatement, whether due to fraud or error, and to issue an auditor's report that indudes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material rnisstatement when it exists. Misstatements can arise from fraud or error and are considered rnaterial if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of thes8 financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with OLJr responsibilities, outlined above, to detect material misslalements in respect of irregularities, including fraud. The exlenl to which our procedures are capable of detecting irregularities, including fraud, is detailed below. Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. the engagement partner ensuied that the engagement leam colleclively had the appropriate competence, capabilities and skills to identify or recognise non-complian￿ wilh applicable laws and regulations., we identified the laws and regulations applicable to the Charity through discussions with Trustees and other management, and from our knowledge and eXperIen￿ of the not-for-profit sector., we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the charity, including the Charities Act 2011, the Charities SORP 2019, and data protection, anti-bribery. employment, environmenlal and health and safety legislation; we assessed the extent of compliance with the laws and regulations identified above through makn'ng enquiries of management and inspecting legal correspondence.. and 18

INDEPENDENT AUDITOR'S REPORT Continued identified laws and regulalions w8re communicated within the audit team regularly and the team remained alert to instan￿$ of non-compliance throughout the audrt. We assessed the susceptibility of the charity's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by.. making enquiries of Trustees and management as to where they considered there was susceptibility to fraud, their knowledge of actual. suspected and alleged fraud, considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls, we: performed analytical procedures to identify any unusual or unexpected relationships., tested joumal entries to identify unusual transactions- assessed whetherjudgements and assumptions made in determining the accounting estimates were indicative of potential bias- and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and regulations. we designed procedures which included, but were not limited to.. agreeing financial slatement disclosures to underlying supporting docurnentation; reading the minutes of rneeting5 of the board of Trustees., enquiring of management as to adual and potential litigation and claims., and reviewing Corresponden￿ with HMRC, relevant regulators and the charity's18gal advisors. There are inherent limitations in our audit procedures described above. The rnore removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non- compliance. Auditing standards also limit Ihe audit procedures required to identify non-compliance with laws and regulations to enquiry of the Truslees and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can LE harder to detect than those thal arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities for the audit of the financial statements ts located on the Financial Reporting Council's website at." www.frc.org.uklauditorsresponsibililies. This description forms part of our auditorfs report. Use of our report This report is made solely to the Charity's Trustees, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audrt work has been undertaken so that we might state to the Charity's Trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent pemitted by law. we do not accept or assume respDnsibilily to anyone other than the Charily's Trustees as a body, for our audit work, for this report. or for the opinions we have formed. Alliotts LLP (Stafutory AudiEorJ M8nlield House, 1 Southampton Street, London, WC2R OLR 24 January 2025 Alliotts LLP are eligible to act as an auditor under the term5 of section 1212 of the Companies Act 2006. 19

ndix 1 Grant Awards Summa 2023-24 Westminster Cit Council R￿lplent Amount IEFtrArt oftke puppet HELPWG FUNDNG FOR NEWDESEL BOLERAND WATE EFtr1915 cE￿L LONDON sAmAR[rA￿ RD12023Q4, RUN 1,000.00 2,000.00 2,500.00 IEFff1916 HAPPYLEZf EVENTS PLANNlNGC￿, FU)120231 EHT1918 PCC OF ST. JOHNS CHURCH KENSAL GREEN RD1 500.00 IEPtr1919 ST PAUL'S CHURCH, RD12D23124. RUNNNG COS 'EFtr1920 E￿￿H MATI)NALOPERA RD12023124. TO ASS 1.500.00 500.00 jEFff1921 RD1 23r24 TeTTPO time credit h'mitedASSIST RECRUt¥NG N VVESTM IEFff1926 UNWERsrrfoF WESTMNSIER- ￿T￿EE CLASS 700.00 800.00 EPtr1927 cE￿L LONDON YOitTH DEvELOPmE￿TrusT, RD IEHT1929 CARDNAL FiJVE CENTRE RD12023124. RUNMNG IEHT1931 BLI￿A￿ RDI 202Y2, TOASSIST FUNDNG FO £fr￿1933 Creati¥E FLlures UK Ltd.. FUNDWG FOR tOMMUNrrYFAMILIES PROJECT 1,000.00 2,000.00 2,000.00 2,000.DD EPtr1936 LONDON ACCORDDN ORCFESTRA FUND￿ FOR COM 1.500.DO ',EHf1938 Ur￿On Dar￿ TrLLSt Lld-TOWARDS LOUDSPEAKE￿ m￿RoPH(￿E AND A NEW ,EHf1939 UNFOLD TOWARDS RLINNNG QOSTS F(%I'MEpifowN 1,700.00 1,200.00 1,000.00 EHTI944 RD3 22r23 P(ThMN HOUSE TRUSTRUNNING COST EF￿1954 SR Mission DharampurUK-PURCHqSE oFIN￿ER EsSE￿Ls FOR FV)MELESS PEO 250.00 EMf1943 ROYAL HosP￿AL FOR NEUR(k DLgABILnYRD4 2 1,fA)O.OD 2,000.00 EHT￿ssAGE UK WESTM*4STER RD4 22r24 THE CHRISTM EHT1956 THE THEODORA CHLDREN'S CHARtIYRD4 23r24. 1,000.00 lE￿￿1957 ORPHEUS SNFONI4 FOUNDATK)N RD 4 23r24 TH EHT1958 THE KDS NFfwoRK FU>4 23r24 THE PROJECTTH 2.000.00 1,300.00 EPtt1959 COThOLLNG CHEMSEX RD4 23r24 FUNDNG FOR 1,68920 2,000.00 3,000.00 1,8(W).00 1,500.00 2,000.00 Ektt1960 ST &4BRIEL YOUTH RD4 2W4 mUs￿AL MAVER Ekrri961 WESTBOURNE PARK FAbA1LYCE￿E. RD4 23124, IEkttts62 MARIiEBONE BOYS SCHOOL RD4 23124 HELP FU Eprr1963 THE AVENUES ￿￿rH PRaJECT RD.4 23r24 FUND Eprr1984-Wesbmirtster88nglad8sli Weffare TNJst- RD4 2324 TO HELP PURCHASE NEW G4$ C EHT1966 SPORT4HEALTr¢CIC RD4 23n4 OFFERNG ONGOI I,5￿.00 EHT1967 THE CAXTON YOLrrH ORGANBATON FID4 23124 F 2.OQO.00 ,.EPff1968-ZaccPAeu5 2000 Tru5t- RD4 23￿4 TO SUPPORTONGOINGWORK Tr 2,OW.00 1.000.00 | E￿￿1965 CHNESE IfrFORMATY)N AND ADv￿E CENTRE RD4 EFrr952 EmPL0VMEh￿aALL RD4 23r24 HELP MESTMN 500.00, ,48,439.20 London Borou h of Harrow The London Borough of Harrow distributes grants through the Harrow Community Fund. This consolidates distributions from the Edward Harvist Trust with receipts from "Harrow Wins" and other fund-raising activities. Grants are distributed when there are sufficient monies available to carry out a viable "bidding round" The next planned distribution will be in the 2024125. 20

London Borou h of Brent Value Olganisalion Project Love Chalkhill Festival CIC Love Chatkhill Festival 2023 - Wellness, Wealth & Beaui 5.(K)O WE RESTART Brent ACE (Arts & Culture Events) 1.970 Global Skills Centre STEM Holiday Programme S.(K)O Young Male Leaders Yourg Male Leaders Programme 5.1XJO Jason Roberts Foundation Thrive in Brent 4,977 It's Unique Families SEN & Merrtal Health E￿ightenment Day 5,000 PM Muzik PM Muzik Creation of youih aTr CoMm￿lIY mL4SiC a￿1 ViSL￿1 studio Empowerirg MotlErs Funding The Future ABC - Partners Community BLtsiness Plan 4.700 Higher Potential 4.950 ABC Partners in partnership with CVS Brent Mahogany Carnival Ventures Limited 4.950 Camival Timeless Treasurés 5,000 Stepping to Success Positive Influences For Life 4,239 Young's Football Club YOUNGS FOOTBALL CLUB 4,921 YOVELA Education and Trainin Centre Sickle Cell Support Programme 5,000 DHI Eduaction and Arts Readiro Room - Imagination Expbrers Chikjren's Book WritirvJ Workshop Destiny House International 5,000 SLENKY (Mob Ventures Ltd) What's Up Wernb￿y. 4,999 Central Mosque of Brent Community Food Project 5.1XJO Maze Organisation CIC Mi￿Let1¢S.. Celebratiry tFE Individual 3,680 Financial Harmony CIC Yourg Money Makers 4,970 Start Easy Ltd Spa¢e to Grow Absolute Beginners - A Factory For The Future 5,000 Absolute Beginners 4,728 Chalkhill Community Centre Ltd Chalkhill's Got Talent (CGT) 5,(X)O Turtle Engineering B￿ed kn't and defibrillator for Fire Stations 4,950 Total £104.034 21

London Borou h of Barnet Recipient RNID The Larcher Trust Britsom Be Lifted Exposure Organisation 2Econd Chance Amounl 2,375.00 4,700.00 2.500.00 6,494.40 9,600.01 10,000.00 £35,669.41 The London Borough of Bamet has advised that in addition to the above, a further £193,979 of grants were approved in February and March 2024. However, due to the implementation of the Council's new financial system, the grants were not paid until after 31 March 2024, and so will appear in the list for 2024-25. London Borou h of Camden The London Borough of Camden is currently designing a long-term 'We Make Catnden Community Grants" Programme that will fomi part of the Council's Ove￿11 VCS Investment Programme 2024-2031. The Funding from the Edward HaNist Fund will be awarded through this programme when it is launched in 2024125. 22