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2024-12-31-accounts

REGISTERED CHARITY NUMBER.. 214422 Financlal Ststemen Wr¥3hl Limital Staluw AudiliY5 Chart8r8d kctyjntants & 8usin855 knseF5 Al8¥andra Hw5e 43 ￿8¥andra St NoltirytrLarn Not￿n￿arnS￿l NG5 IAY

Cont•nts of Financial Stat•ments Pag• R•f•r•nc• and Administrativ• l>•tai R•port of th• TruAtees R•port of th• IndTp•nd•nt Auditorn statom•nt of Financrdl A¢ii¥it B•laThe• Sha•t Not•* to th• Fin•n¢ial Statements 9 b) 13 Detsi￿d Statem•nt of Financial Actr•it 14

Rtlerence aThJ r the Year Ended trative De emb•r 20 TRUSTEES Rov A J Carlwrilit. Chair of Tnjsleas Mr M j￿kInSon Mr N V yarn￿1n (Re￿n￿ ir$ 20241 Mr5 J P Imrio Dr D W Hannah PRINCIPAL ADDRESS Pennine Hwsè St3nfoFrJ Slrvtrt Notbngharn NG1 78Q REGISTERED ¢HARifi NUM8ER 214422 AUDITORS Wnght Vvjar LirTht1 Statutory Witry5 Chartered Acc￿￿nia￿t$ & &J8in8s5 Adw"sers AleXar￿Ta Hws& 43 Alexar¥Jrd Sl Notbngham NOttsnghar￿h1ra NG5 1AY sOUc￿oRs Ponnin8 House 8 stsnfrKd Straal NotDrKJham NGI 7BQ BANKERS Bardays Bank p P08ox 18 Old ma￿81 Squa Notbngham NG16FF Pyl

Year Th• tnjstees present Iheir rep(t and Ihe audilwj fina￿￿ stsm8nts ofthè chanty Ic¢ Ihe 8ndad 31 Decornb•r 2024. Tho Irust888 have ad¢wleO the [KOTrA￿OnS of Ihe Staten￿l ol Racomrr￿thd Practce ISORP)"A££ounts￿ 3nd Rwrtin9 by Charib•S' IFRS1021 in prepanThJ ￿ annual r8F47rt aTrY finanoal s￿￿￿niS of thality. Tha financial 5tairnts have been prePar￿j in act0rdar￿ with Ihe ¥coxJntiThJ Fdiaes sel oul page 9 and (xmply with the chanty's governing d(tunwl, th8 Chanties Acl 2011 knwnbng and Repwbng by Chanbe5'. sta￿ment of Recornmentled Practice ap1￿1(3b￿ to charslies prepanng Ihwracrwnts in a￿)rd￿& with FinarKial Refwxtmg St8nd3rd appI￿atIe In the UK and ol kdand in Cktcèer 2019. OBJECTNES AND A¢￿￿TrEs Obje¢tlve$ and airn The objects of the chanty arE Sel out In the tharity's tw51 da8d and afe suThffiarised a5 ILllows: to WOVKle tenofil to the public through r01ièf to Ferson5 le￿dent In Notbngharrthire who in n88d. hardthip or d15trv5S. The oÈieth•s arn s•1 to ra1￿1 clxnn￿nty aims. Eath yoar tr)e re¥i otv•$ ard a¢b￿b$S to W￿Ur Ihey £￿tInUe lo rEfl&¢t th& aims of lh8 thity. In rxryM¥J ¢yJt this re¥￿, Iwskn88 have ctmidw8d the Charity con￿15￿0n.S gu￿aNCe ￿ pU￿1C benefit. At th8 qLOrtèrfy meet.ng lh8 le￿ ol not is ￿d, ffe￿9der￿j approw¥￿. fvnds ar8 dJnat•d to chantsès with $imi&r airns lo The Fifty Fund on bay$ Ihat such knd5 a￿ used to help It¥Ji¥iduals and lamilvas In rn88d and %tho ar8 r•sdenl In NoWham5hw. Whwi ffla￿n9 d(￿1￿￿ the tnjslees TMU a￿ayS bear In th8 need to maintain ad8quale Twivas. Public ￿n•fit Th8 tnjslees have given due c0n5ld8ral￿ to Ihe Charity Crynn155o)¥ wblishod guKlanca on the opwatKm ol Iho publ benefit requiremenl ACFIEVEMENT AND PERFORIA4NCE Activiti•B and Achievements The aclivibgs of Ihe charity thè yaar are d8iailod bel￿. Th& tWSt8os that Ihese actMti85 haye pro¥idgd benefit lo lts)se in n88d within Nolb"rwJhamshire. During the y8ar the Chanty halFed 19 Thji¥￿uats and dedirvj 36 indiTrThluals. In additiM, th8 Charity approved 44 on8-off granls lo other chariti&s and organi5alJns hawng grNSar am5 WKI Lwating ithin Notb"nghamshire to asssl th8ir wtsrk. 18 annual grants wer8 gY•n aThl IS grdnts ￿e￿I￿d. Th8 Stalonnt ol Finanaa5 Activiti85 51vws lolal n81 rosw1r￿ beth revabJabon5 4r¥J d15posals of inve511T￿l a$s815 of £53.23112023.. £28,434). The levd irf acts.vity for ts yew was 8ab"sladiyy 2nd Ihe Irusl¢eS hope Ihat this w￿1 ¢￿tinUe to Impyove for forw38￿ble fulur. The Cumu￿￿￿ balarte of ￿mulated fund5 at thè year-end was £8,768.45812023.. E8.e4)7.8471. No int•rest fre& Ic￿5 r• grantul the year12023.. £NIll. In¥•¥lm•nt Policy and Ptrfom￿nCe In accordance with the tru51 deed. Ihè lrnstee5 Iho to m¥est in slocks. 5harts a￿fj ln¥e51m￿ts in th• UK as Ihey se8 fit. The policy ol th8 tnJsle05 is lo a ndium Trsk Investment 5trdtegy basad cn rnaxirn1s￿9 incx)rne. This policy has ten followed dunng Ihe year 35 slvwn by Ihe tolal dwvjond IrKc4ne rBcefftd of £217.98912023. £229,658). During 2024 th8 valuation on ttie IrKreased as a result of mLvJg51 inv0ve￿￿ts ts) ecoThomK condibffi$ and th8 finanual martets. The tnJsta85 31so rrthed Ihe 1nv85lrn￿i pclfolio onkn a lola ratum 5tralegy I￿nng the finana81 year. In ord8r to prol8¢t Ihe level ol Tncome the trvs¢ees havo a9rry￿j. on th& adTrrte ol Ihe Inv85trntrnl manager 81 Brow Ddphin, lo have apwoximal•ly 30% of ts l￿110 In fixed Inl8re51 $ixks. Giv8ll thè presenl stsie of the fKMed Inl8r8sl rnarkets, the Truste85 have agrp8d that th8 InNYslmenl marw shall onty pix8 fund5 Into this sector rf they feel the stock In qu85bon offefs sUffi￿nI val¢Je. By th8 end of h yeaf fixed inlwtsl ￿9rt 01 the FrffDlio strxmj 81 apwroximately 26% 12023: 26%). ThÈ Irusl885 hc4J at ￿ast 1 years.￿￿h of (￿lable 8FvN1ing in cash cff cash equiwaknts. FINANCIAL RErfIEW Grant Making Poliey The day 10 day admin151rabon of grants ts daw1￿ to the secfetsry and adrninistrdtor. Tha thjstees rrwt quartedy to con51der applicaions lor ts 155ue of grants. Grdni¥ ar• th)ly Mad8 rf Ihe trustees conswjer Ih&m lo be appropriatè and In 8CCQTdant& wilh citct5 of the Charity. Pago 2

Th• th• Trustees FINANCIAL REVIEW Plan$ for th• FU￿re Th8 Fifty Fund 15 alre￿lY wèll known arrLry many of Ihe aid agent?es In Nolts"nghafn and il is frorn Ihes8 thai nM)st potenbal beneficiane5 ans8. Thes• link$ wll ba wKouragwJ IhNxwhout Ihe comiThJ ywar aThJ wh8re pOssb￿ th8 èxist8nc8 of thè chanty will made kn¢iwn through Other av8w85. Due b Iho of the 3s58ts and IrKoTh of the thanty. Il appèars in Several guid8S to na￿.On￿ thantsès ￿SU1b￿a In rn￿Y enquin8s b8ir¥ re￿1¥•j fTcrfn swrces. When slth 8nqUIIiOS are In1in8 wilh th80tr48cts of the chanty hill be Itrwwgh. The Trustees arè develcyng a wewe to in I￿r a￿1 acc•s$￿ilIty to WOSFrttr¥8 apph"c•nts. Ro￿Ty#S policy The trusees have a policy for ￿1hdrawa offvnds ￿￿ch maintain aTrJ, ￿ pos5tAo. irtrnase the cuTrnt val of reser¥85. The value of tolal reserve5 15 a150 rnainlar￿ kn an ad8wat& in order to provth suffiuant incom8 10 continue to issue granls wthtrn 10% of the level In tho yoar. STRUCTURE, GOVERNANCE AND MANAGEMENT Go¥eming d<xum•nt The Fifty FLMIJ Is an uninrxYpDrat•il 1rust¢rea￿j by do8(ts dat8(121 April 1939 is a WLsler&l thanty, number214422. Th8 Fifty Fun¢J is gover￿d by tr sche￿ ol Amalgamats￿ of the Chanty dated 28 June ￿. Trustee5 a￿ apkyjnw by ofappJintm8nt by ¢￿tinUing truslo8s. The Sch￿￿ alkn¥s lor Irust••s in total. lh8 appointment of a Irustse being made al a speL¥al m&8D"tKJ of tru$l8Ès. There is no bm& lin1 on aFwntmenl5. The TNste85 r1￿1 qu8rtérfy trj agr88 b￿ad stralwy, C(ffisKlarakn of g￿1 miThJ, InYeslrTwI risk5. M￿8￿nI aTrJ reserves. The day to day •Jmini$tratson ol gmls ar¥J thè KMocssirKJ ￿ IwKllirvJ ol a￿￿al￿8 pnor to ¢Ax)sid•ralir by the Iruslees is ddgal&Y to Ihe secretary and èJry¥vistraioT. In the that 8 tnJsl8e r8lirv5 the IDJsi8e5ill new trust08 qualitss, skifls and exp8nsncewltt" are congdered 8p¥opnal8 to cJJryAirYwt 1kn8 01 th8 conknuiTh3 InJslee5. Th8 Ktt8S5 for a new trustts t(Wnpr￿ ￿ iTrts"al l￿b￿9 ￿1h Ihe Chair of truste￿, Ihe pro￿&0￿ vl infornia￿n on thèon9in of the charity and Ils currwit ovorall ob￿1$. after whith Ih8y wll attwd truste8s rrn8ting. Rlsk fflanagement Thts Trusteès have consmlefwj the maiof n$ks lo the thanty is exp)￿ arwj h￿￿ rev$￿￿ the58 risk5 and 8slab115hed sys18ms 8nd prrxedure5 to mèn•Je these nsks. The Tru5tots wnsNl8r Ihal Ihe main nsk to th8 Incorrn and C3Pltal of the (barity arè mov8menls In Ihe slLKk market. To Ihis end Ihe Kthblm) is manapd ￿ a th"scr&tr¥nary ba%s by 8r8win ￿￿phin Li￿1￿￿ and InveSth￿ts are yearty bas. As the c￿lry has rtKJvad p851 the disnJplMy)s wsed by the pwd8mic. pw50nal WK4xI and adwc8 bas chanties ha¥8 r8-wnwJ I￿r offi￿$ ar￿ [￿tr&s. Fundraising ￿lm￿aS have relumed to nom)al methods ol delN8ry. irKWing in ¢olkncl￿Y aTrJ thanty No m81erial U￿rtaInbe$ Ihal may cast sgnfficant dtyjbl atxxjl the a￿lity chanty to conbnue a5 a cOr￿M have b88n Idenbfi8d by Ihe Iwsioos. Tha InJs18es have consthred Ihg abilty to conlirxjè 8s 8 g￿ThJ concwn fof a pericx1 ol one year from the dalo of s¥Jning th• finanri81 sl8lemBnls. Pag• 3

ofth•T ear End•d TRUSTEES, RESPONSIBILITY STATEMENT The charity trustees are resprmsit4e for preparng thoTru$108s'Anr￿I RW4nrJ finaThial slalenwffi18 in aLurdarK8 wth applicaAe law Unrtwj ￿"Tr3d(￿n Act4X￿1￿ slaThJa￿s (Unitod Kfft￿J￿n Gerralty PLc•pted I￿￿JnI.ng Pracb"cal. The lawap￿KabIèto charitsès in Eng￿nd and Wales wuires lh8 trus188510 w•parÈ fin8ncial slal8rnw15 fotèach finanraal year Wh￿h give a and fair w8w of lh8 siaie of affasrs ol th8 tharity and of fv inoyThng re8ource5 al￿ applsGation of rosour¢•s of Iha tharity for Ihal p￿0d. In prep3rty finar￿￿ statwnent5, the Iwu5tstsS are requir•J lo.. . selecl suitat48 acctyjnting pdioe$ and Ihan ap￿ them consislwty, - obsorvts Ihe m8thods m the Ctronbes SORP 2019 IFRS1021: . make judgtments and ests"￿te8 that ara r8ap£rf￿b18 wudwt: . slate wh81hw accountry stsndards ha￿ bo8n folhTh¥ed. sutwct to wy rnal8nal depathw dtsdosed and 8xplained in the statwmnts." ar•J - p￿pa￿ the finarrtial ststem8nts ￿ lh8 0)n￿M bag1$ un1888 il is inpwwiai8 to pr88um that Ihe tharity wll continue in op8rdlion. Th8 tnjstees ar r0spMSi￿ forke8png prcP8raCc￿Mtiry r¢yts Ihat¢"sdraa reasLY)abknuJracyat any liTh tho finanual posibon ol the chanty and énab￿ t￿M lo 8n5ure that Ihe fwBn(Jal sts1èn￿ts rxxnply with Charib8s Act 2011, th8 Charit￿5 IAc¢ounts aThJ Rewrlsl R8gulatscffl5 2C4)8 Ihe of th8 Imst de•J. They a￿ a150 respon51bK8 fc¢ safeguarding the a$sets ofthecharity and henr for taking reasonaUe steps tr the pre￿nt￿ •)d detection offraud and other Irragulantie5. Appro¥thJ by ord8r of Ihe board of tru5te8s on . . ..... . nd ggr*d on its tjehalfty. Re¥AJC ri￿l- TnJ Page 4

Ith•l ndent Auditor• lo tt•e Trus TheFi Fund Oplnion We h8¥8 3udsi&J ￿e finar￿￿1 slaternent5 of Th8 FIAY FurKJ I1￿ 'tharity) lor the year erthj 31 08c8rnber 2024 which (xjrnprise Ihe Statem￿l of Finanoal A(Jffilie5, th8 Balan¢• She81 and notes to lh8 finanoal $tal8rn8nts. Inclu(hng a 8umm8ry of $9nthcant accounbng 01¢￿$. The fmanual rPpo￿ng frame￿rk Ihat ha5 been aprAd In Iheir prBparation 18 applirAb18 law United Kirw)dorn Accounting Standards (United Kin9knn Ge￿rallY Accepled Accounbng PractKel. In our opnIc￿ the ffinancial slatements.. give a truè and fair wow of the state of the chanvs affairs aj al 31 2024 and of its inojrning restyjrces and application of r&804Jrc8s. for year then end•J", have t￿￿ properfy In accwdan( wilh United KJ"ngdom G8neralty A￿pted AtwJnb"ry Pr8ciTh,' and have b8en prèpafyd in ￿£￿dance with the wuir8m8nis of Charitss kl 2011. Bast8 for opinion We ￿ndUcted ouraudil In aCc￿darKe ilh IntematK)nal siandard5 cn Audthng IUKI (ISA5 IUKII ar#4 aFWKabl8 law. (￿r ièSKX)nsibililies undw those slandards are further des(xL￿d in Iha Audit￿5. ￿￿nsI￿1￿￿5 for Iho wdil of lh8 finawal staiemènls section of our rerA)rl. We are IThlepen￿I of Iha charity in a¢￿X)rdanCe the 8trical requirements that ar¥ relevanl to our audit of Ihe financia statement5 in the UK, Indudmg the FRCS Ethtsl Standard, and have our otherothKal ros￿81b11ltseS in a{xXxdanr￿ with th8$0 Tequirements. We Ihat Ihe a￿111 e¥id8nce￿￿ havè obtair￿d is 8L¢fficrdnt and apFffopria to pwvK10 a b•"s for wroprM(ffi. Conclusions r•￿ting to going con¢tm In a￿l￿n9 the financial 5taternnls, we hav8 a￿ud￿d th8t the tr￿teS. u58 CO thg png bass of atuAmbng in the preparatKffi of the finaroal slat8m8nls 15 ¥PKKcrfJri8te. B858d on Y)rk w8 have kwfcrnd. we ha￿ Th)t i¢Jenbf•J rnatÈTI uncertartb.es reLqbng to e%ents or conditions that, inilividually orc(4thb¥ely, may casl swJnifKant doubtrm Ihe chantys ats'lity to ¢onbn￿as a g￿n9¢Onr￿n for a p8ri0d of ai l&ast hvelve rnonlhs Ircn hgn the fina￿¥ $tsl¥m8nls are aUl￿r￿ert trx i5we. Our resPOnStx"lili&8 and the reSp(￿S￿lI1￿$ of the trusloes res￿ to (onLvn aro dttcribBd in rdevanl sectK)ns of this repcvt. oth•r information The Irus1•88 are T8swwwbba kjr Iho olher irtrlomwkn. The olh8r 1ntwMa￿ C>JIV￿8 Ihe lnfCrntif￿ in Ih Annual Report, Other than Iho finantial 91atem8nls and ￿￿r ReF4NI c4 the Auth1￿8 there￿. Our on ts finarKial s1ateff￿ts does nol o)ver ts 01￿ infcmtR)n and. except 10 Ihe extent olh8M5e e¥plrAIIy statwj in OUT Tèwt, thj nol èxyess any trxm of assLnfth cr￿￿￿8￿ lhfjr￿. In Con￿lI0n wilh our autlit of th8 finanoal 51aiÈm8nts. cJr rB5pongts"lity ts to rBad fv other infonTwbDn and, in doing 50. Consider whether the other Informatk)n Is mzlenally ITKOn￿$[anl with the finanrAal slatem￿lS or our knowle¢JgB obtain8d in th8 aLwJil or olh8rwise 3kytrais to be matenalty rTY$Sta￿. rf we thbfy suth material incon&stencie5 or apparent matenal rnis5taternents. w8 are r8quir8J io delenni￿ fielher this gNeS n5e ￿ a material mi$slal&m8nl in the finanryal 51318rn8nts themset¥es. 11, based work we htr pa￿rm￿j. t¢)ndLth Ihat thwe Is a matenal missta18m8￿I of Ihts Oth￿ inlormatson, are ￿￿1r8d lo rekwjrl thal fact. Wo have rnlh¢ThJ to ￿port in Ihis rwJariJ. Matt•r5 on which w• ar• reg￿l￿d to rnport by eX￿PU0￿ Wè have nolhing 10 ￿pOrt in raspect of Ih8 fdkming matlws th8 Charibes {Acco￿ts MJ R8POrt81 Regulab"ons 21)08 r￿UIreS US to rewrt to you If. in our ¢¥nI￿.. n&)mialion gi￿￿ In the Reprt of Ihe TftJslees in malwwl rewl Ihe finanryal statWr￿ls.' or sufficnt accounbng r8coriJs havo rK)I twn k8pl". or the finanoal statenxnts arB nol &Jreem8nl wilh the ac¢(xJntirKJ I￿0￿0$ arkl returns: or wa hav8 not rffiived all the Irrf0rynati￿ aTh1 explanabons we requiro lor our a￿lIL Re5pons1blliti￿ ol trust￿ As exp￿ained more hjlly In Ihe Trustees. Resp￿51b￿1￿fr5 Slal8m8nt. Ihe tnjstees are resp(￿sibk￿ for Iho prnparalion of Ihe financial slalfjm￿ts gN• a true and fair y￿. arKI for such ￿leMa1 (￿tr(￿ a5 Ihe tr￿81ee$ delerrnin8 1$ n8c8ssary lo enab Ih8 W•wrab￿ cl finan(yal 5tal•manls that arn tree Irryn rnaterial ryisstatement, knalher due to fraud or e￿or. In prepanng the fmanu stal8mgnlS. trus1885 are T&spC￿$1￿le lor assewng kne thariws a￿lity lo thits.nue as a going conc8m. th.¥10￿n9. a5 aFphcat>be. matlers relat￿ kn wrwj ccr(em and u*ng tho g(xng CAYKWn basis of accounlipYJ Un￿58 the trustees ether Ifft￿nd to I￿￿K￿al8 Ihe tharity or tOfts5e or hx real￿tsCa11￿natTr1a todo $0.

rt￿the1nd d•nt Audrlors kn th• T Fund of Our r•sponslblllties for th• ￿dit of the fIn￿CIal stal¢m•nts W8 h8V8 been apFrfJinted as athyilors under S8cb(x) 144 of th8 (kn185 Ati 2011 occordance with Act and rdeYdnt regulations made cfj ha￿ry ell￿1 Iher•Jnder. Oufobjecves are￿Obtain r8asonaNèasyJrance&wl the financol s1318ry￿nlSaS8 ¥rtK￿ arelreefrom material mi8stsi•menl. wtrether dua lo fraud OT arror. and to ISSU8 z ReFth of the In¢Wndent A￿litOrS Ihal w)dLbJ85 opinion. Reasonab￿ assurance Is a levd af a85urartr. bul Is not a guarantee that an audit ￿duCt￿l In accordwce ilh ISAS IUKI will always dtr1￿t a rnatenal misslal8rTwI when It Misstalem8nts can anse from fraud or arror and ar8 consM1ered Mat￿81 if. Indi￿d￿allY or In ￿ aggrty31e. LyJJ¢J reasony b8 8¥F￿ted kn influence Ihe ￿OnoMiC d8cl$K￿$ of usets tsken on ts ba￿ ol th85è 5wm8nis. The ext•nl lo wlw'ch our W￿￿UTeS a￿ capable ofdo￿ting irwlarib. iThJudmg fraud ts d8laileO b810w.' Irregularilie5. lrtluding frdud, ar8 Instanc85 of non<ompl4ncx ￿Lh laws 8nd wulatscfi5. We dasign prrxe¢ure5 In lir wilh our r8sponybililies, oullintrd atx)V8, lo delttt matenal ftMsstatern8nts in resped of Iwlants•s. 1rKaUd￿9 fraud. Our approach ind¢Jded obtaiThng an undw5tarKlry ol tha Wl that a￿ aFflicablo to th8 compary. a￿1 d8terminad those thai are rr#)sl $gnif￿L Bastd ￿ the ￿￿lts of our risk assessment we design￿1 audit procoduras lo non-cornpliarTr with SULth 1th3 rtyuktrjns. ThÈ kworJurg5 induded enquiry of managamwl and those chafpj wlh go¥emanr avwnd aclual ar¥J rKJt•ntid litv3atir￿ and dairr. In addition and based cfi Ihe T￿￿￿tS ol our risk a55855m￿l we desgned authl prrKJures to identsfy and addr•ss malerrdl mi8St3tern•nts in to fra￿. Spthlly, we CL￿$￿18r￿j Iho risk offr3￿1 thrrA4h IT￿n8￿men1 tr4emde thal may lead lo a ffsappropnatM)n of assets or inapprowale finanoal reportsf¥J. In re¥￿se. perfom)ed 8udit wort o￿T the risk of managem￿t overrKltr ot rA￿trOl5. indudiThJ te5W wmal entrie5 avj Ol￿r 8dju5trn8nts for appl￿nal￿neS$, gvalualing lh8 business ratwa18 of signfficant trarsactK¥)s 0￿￿de Ihe ￿[ma1 c4yJrse of bu￿￿55 and r8tyi8wir¥J acKounb"ThJ osb"m8te5 for ts"as. B8Luse of Ihe Inherent limila1￿S of an audit, Is a risk Ihatw• wll not dBWI ￿1 Ir8gulariti85. including thoso leadr lo g rna18rial rn15s1alement ￿ Ihe finanrial staternents or rK￿C￿vanc This nsk incwses the morè IhBt ¢omplranc8 with a law or reguktson r8rn0¥￿ from the evenls aTrJ transèctrms refi￿10d In h8 fin￿￿al Stater￿n1$. as we will bs less likdy tts b8corw awa￿ of InS￿r￿S of rnn-COrnFliance. Th8 risk is aso greator regardirrtj Irregukribes occurring due lo fra￿j rather Ihan error. 35 fraud In¥ofve¥ CANK8alm8nt, lugery, ￿lUsIon, orrA85ion or misr8pfesenlal￿. A furlhar de5Cr¥)1￿ of our resportsit¥hb"e5 fv the audit of the fi￿n(la1 slat•)￿ts is kxated F¢nancial Rowjrbng Counol's web5118 ai W￿￿.frc.org.U￿fa￿dl1O[S￿Sr￿ts1ib•$. Thi5 dOscnpl￿ fms parl ol our RewNI of the Indowdent Audilots. Use of our r•port Thi5 Teport Is rnade $018ly to Ihe tharitys trus. 35 a Part 4 d the Chanli&8 (Account5 arnj Rerx)rtsl Regulatmxs 2(￿. Chjr aLKlIi work ha5 undBrtak•n so Ihat we mwt state to tha chantys trustee5 thos8 malters are requifed lo state io thwn in an Wdit￿5. reFrfYt and fLY Th) Ollw purrKts8. To ful￿51 extent P8miitted by law, we do nol ac(xpl (K assurne re5wi%trA'lity to an￿ olher than ran'ty the d￿11￿8 tnJ5tw$ as a bcty, for OUT authl Iwrk. for rgFx)rt, the ¢)pin￿5 we hav• frrfrnd. Wright Vigar Limited Wrighl Vigar ￿mI Stslulory Audilm Chartered ALrounlants & Busness Ath'sers A￿xandra House 43 Ak8xandfa St Nottsngh8m Nottingharnslyrg NG5 1AY 15 October2025 OalÈ". Paye 6

l Activiti ber 2r124 for Yèar Ende 21124 UnwvstriGl•d lund 2023 Total lundB Not•A INCOME AND ENDOWMENTS FROM Inveslmpnl Inlyxne 255 3 269.790 Total 269.7 EXPENDITURE ON Raisiry fur 39,408 36,431 Chartloble actl¥iti• Gr8n15 donabons suP￿rt C051$ Governance costs 182,899 40,2 178,116 39,248 44,429 Totsl 308.514 NET INCOMEIIEXPENDITUREI Othef reGo4nised gain81110s￿%I Gains on ￿VahJabOn of fixed ¥5So1s 153.2311 128,4341 N•t movernenl In lund 160.611 196,509 RECONCILIATION OF FUNDS Total hjnds bwhl f(Thwd 8.607.847 8,411 J38 TOTAL FUNDS CARRIED FORWARD Tho part ol these fina￿al $lnemls

Balance Sheel 31 l>•c 2024 2023 Totsl lund¥ FIXED ASSETS Social 1nv8sgrT￿ts 10 8.410 8.14t.077 CURREP4T ASSErs 6.73S 356.155 7.033 464.836 Cash ai l•KJ 471ffi9 CREDITORS ArTxxJnts faHiryJ ￿ar 12 15.3941 15.0991 CUFIRENT ASSErs 357.496 466.770 TOTAL ASSETS LESS CURRE14T LIABILMES .768A58 8.607047 NET ASSETS 8.768.458 ￿7 FUNDS 13 8,768.458 a,￿)7￿7 TOTAL FUNDS 15 October 2025 3TrJ Its tthawby". A J car￿ngh.. Tuslee

Notes to the Financial Statements ar Ended 31 Oecefflbtr 2024 ACCOUNnNG POLICIES 8a¥is of prparlng the fin•ncial •latwn•nts Tho f￿ancIal statements ol fv chanty. whth 1$ a wblc b8nefit enbty untsr FRS 102. hav8 beon pr8par•d in accoré¥n¢8 Mth th8 Charibas SORP IFRS 1021 'A¢xxxmtir#J and ReKthry by Chant￿s." Statemgni of Ro¢ommerM18d Practsc8 8pF4i￿b￿ lo chanb8s pr￿aring thair accwnts In accordarKe wth Ihe Finanoal RekK)rting siandarf aOicat4e in Ihe UK and R8putrAK of l1vL￿ IFRS 1021 leff8cliv8 1 January 20191.. Fina￿la4 Reporting Standard 102 'The Finartia Rep￿tsry Standarrj In the UK arml Republic of Ir8land' th8 Charitiè5 Act 2011. Tho finamal sta1&n￿ts hav8 ￿ wepared under Iha htslonca c051 8$ modifi￿1 by th8 r8valualh)n of twtain a5sel5. Incoming resource I I￿((¥￿1￿9 rO￿T¢￿s ar8 I￿￿gnIsed onL the charity has enbyernent lo Ihe r•source$. il is c8Fi8in that th re50urE8s ￿11 be ￿1¥0￿. an¢ lh8 n￿￿￿tary valu8 of ¥tomiTrJ re5wrc85 can L measur￿1 with sufficient reliatMIty- Exp•nd•d r•8ourc•8 Liabilibes ar• rO¢(yJnis￿ as rewJrc88 8xpwdJ as as Ihere is a or 0￿$trUCts"¥8 oblwJabon comitbng th8 £anty Io Ihe expendilura. Al axp8ndilur8 Is accwn18d fwon an ar￿￿15 bas has been dassfigj under h8adings thal aggr8gate 1 costs rdated b) calegory. Th8 Costs of g8n8rabng fvJnds ¢￿sist of In￿￿$1M8￿1 fflanagwn&)t . Support ¢osls SupF)orl c0515 relai• lo Ih)se cosls irurr•J in sy4Nts"ng Ihe ctsnlat4e Iherefor• thay have bean allocal&J lo chaniable acliwlw. Charitable acthitl•s Costs of actNib89 con&sl of pa￿nIS made to bwfioan8s thxoix)n$ to dwrilabl8 ￿tille5. Gov•manc• Gosts Go¥emaK8 costs ojnwse all cosls InvolviThJ WÈ4￿ accounlablity 01 th8 thaitty and its Cx)M￿lanr￿ with r8gula￿Cffi and gct prac￿.¢. These costs 1firj￿1? rA)sts relaio¢J to sta￿[r￿y audit and 18gal ￿ lo98lher With ov•rh8ad and SUFPNt casts. FiJKed asset investments Fixed asset Inveslnnts are vakd at mak81 value at the 8alarK¥ Sho81 d8 th& gain or 15 taken to th• Stalem8nl ol Finanual ￿£b¥￿18S. Taution and 1Th•Co￿￿b￿ v•1 The chanty Is 4x8mpt fr￿ tax on ILS chafilable a¢b"v￿"*5. Irrecove￿lIe VAT is thargod againsl th8 raiw OffB51yjr￿ exp￿thd for It was Incuffed. Fund AJI fvnds aTr unr8slrKthi and ar8 fr88 to Lkqa fDr any Ihe lurtrwanco ol th& thantabl8 obJ'e(Is at th8 di8u8t￿n of Ihe Irusle•s. INVESTMENT INCOME 2024 2023 Total funds Unrestrict•d nds Interest on cash doposts Dividends- w4uilies Inter8sl- fixed ￿te￿5t socurith88 283 217.989 37.011 75 229.658 40.057 269.790 Page 9 conknnugd...

Nots# ta lh• Financial Slal•m•rtts- Year Ended 31 Dec•m RAISING FUNDS Raising 2024 Unrestri¢tsd fundB 2023 Totsl In¥estrYthl mana9emenlcosts CHA￿TABLE ACTMnes cosrs Supwl Costs (see Oirect Co8ts Totsls Payrwwils to bentsfioa￿ and charilws Wages and 5alane5 Offic8 anij Sundry ctht5 SuprM)rt CO518 182.899 182.899 36.648 3.552 46.007 3.552 223.099 269.106 SUPPORT COSTS ¢oxt8 L8gal fa•s and •Jthior'$ remunwabon AUDITORS. REMUNERATION The a￿11￿$ ranvJnwation ttnsbtul8d an auot fet of£5,3￿) IX)23.' £5.680 TrusrEES' REMUNERATIOII AND BENEFITS There ￿Te no tru5teas' renwjn8ratL￿ w other tnefits ts th8 wr 8ndJ 31 December 2024 for the year ended 31 Oecemb8r 2023. Trust••s' •xwns•s There rki tnJst88s' ewsos fty th& 31 D￿￿th2O24 nor for Ihe ￿£r ended 31 08cArnb8r 2023. STAFF COSTS 2024 2023 Wages aKI sakgr Thè av8rag8 n￿thlY nurter durry th8 yaar was as fohx&' X24 2023 Supportto th8 ￿Vernal￿o of ￿ chanty No receNed excess of £e4),(*J). P￿10 conbnued...

Not•s to th? Financial Sta rtts . corrti f r the Yeaf Ended 31 December 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACThITIE$ Ums¢rict•d fund INCOME AND ENDOWMENTS FROM InveSt￿￿￿t inwmtr EXPENDiniRE ON Raising lurth- Invastment managemwt cosls 36.431 Charilabki acti¥iti•s P8ynwts lo b8nfiraari8s and chariti85 Wag85. office aThJ sundry cosls Support C0515- govemance 178,126 39.238 44.429 Total NET INCCAEIIEXPENDITUR£I Other rocogniwd g•iftÈlllo*%•AI Gains on rewa￿a￿On of fixed 35sais 128.4341 224,943 N•t n￿ement in lundB 196. RECONCILIATION OF FUNDS Total fvnds brDughl forward 8,411 J3B TOTAL FUNDS GARRIED FORWARD 10. SOCiAL INVESThIENTS other in¥e5tsnents MARKETVALUE Al l January 2024 Addit￿5 Disposals Ro¥8lualK>Ths 8,141,077 3,570,061 13.385.3761 85,200 At 31 D8wnb8r 2024 8.410 962 NET BCK)K VALUE Al 31 Dec￿rnber 2024 8,410,962 Al 31 Dgwnbar 2023 8,141,077 Th8 hi51LYical cosl ol Imstm￿lS hgld £7,769.227 IX)23.. £6,986,520). Cost ¢x valuabon at 31 2024 is reWe￿￿j ty: Olh•r in¥•stmontA Equit￿5 Fixad inl8re5158oJriI 6,218,413 2 192 549 8410 962 Pa9J11 conb.n￿d...

toth•Fi ' I ststements . ¢ 1 Deeember 2024 11. DEBTORS: AhlOUNTS FALLING DUE IYITHIN ONE YEAR 2024 2023 other debt(ys Loan to D and LL Powol 735 1.033 7,033 12. CREDITORS.. AMOUNTS FALLING DUE MTHIN ONE YEAR 2024 2023 Oth cr•diiors 13. IAOVEMENT 114 FUNDS N•t movernent in lunds At 31.12.24 Unrestricted funds General frjnd 8.607.847 1￿.611 e.768,458 TOTAL FUNDS 8,607,847 160,611 8,768 458 Nat nbJvem8nl In furth. in Iha abo¥e 8 as fdl(Ms.' IncomirvJ Rmourcm Gain nd M¢>vement in funds Unrestricted funds Gen&ral fund 1308.5141 213.842 160,611 TOTAL FiINDS 213.842 160.611 Comp•r•titm lor rnov•n•nl in lun Net rnoveryK¥nt in funds Al 1.1.23 31.1223 Unrtttri¢ted fvnds G8neral fund 8,411.338 196,509 8,607,847 TOTAL FUNDS 8.411.338 196.509 8.607,847 Cornparabvt movenxnl in fvnds. irKlud•d In the atme arn as fdlty•s: Incomirnj R￿¢￿￿¢￿ Gains and lov•m•nl in fund• Unrestricted funds Gan8ral bjnd 269, 12982241 224.943 196,509 TOTAL FUNDS 2fj9,7 298,224 p￿12 rx)ntinu8d...

Th• Fu s to the Financi for the Y•ar End I St*t•ments- cofit ber 2024 14. RELATED PARfi DISCLOSURES There were no r•laied party Iran¥aC￿￿8 ts lh8 yw 0fKknI 31 D8cwnbw 2024. Page 13

ststem? Y•af Ended Flnan 1 Decem for 2024 2023 INCOME AND ENDOWMENTS In￿sIm•￿t Incoffl• In18resl w Cash dekN)sits Divklend5- wjuitsas Inter85t- fixwl nlernsl 58curib68 75 229.658 217,989 Tot•1 Incomlng rewirc•s 2SS,283 269.790 EXPENDITURE Raising donatians and kno•¢i•s Investment rnanagement costs 39.4C 36,431 Charitabl• acti¥iti• Wages and salari85 T818thone Subscnplion5 Payment lo benefic¢ari85 Dorali￿$ lo ch3nbes Employee txpwws Bank charges other chantat4e oXP8nthlur8 36,648 1.185 147 5,262 177,637 529 32 35,871 963 8.307 169,819 825 32 1.547 223.099 217,364 Support ¢o#l• Go¥emanc• ¢osts Auditor's rernunwabon Legal f88S 38,749 44.429 Total rnsourt¥S •XP8nd•J 298,224 N•t exwditur• 28.4341 Thi5 pag8 noi f(m part d Ihg lull f￿ntial $talem8nts Pap 14