Foundation registration number 251476
THE EDGAR LEE FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THEYEAR ENDED 5APRIL 2024

THE EDGAR LEE FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Tru8tees
hlrARLee
Appolnted in accordan￿ with the Iiusl deed Ichaiipersonl
MrCMLee
Appointed in accordance with the t¥ust deed
oo¥e NHC Trust Corporation Limited Appolnted In accordanTr with the t¥usl deed
FoLtndatlon
number
251476
Pilnclpal addre88 Th9 Old House
Blandford Road
Iwerne Mlnster
Blandlord Foiurn
Dorset
DT118QN
Independent
examlner
hlr J Samlnaden
FMAAT
9 Kennedy Avenu8
Enfield
Iddlesox
EN3 4PA
8ank•rs
Barclays Bank PIC
Lo£xI Business Banking
Lelcèster
LE87 2BB
Investment
advisors
Inveslec INeallh & Investment
30 Gresham Street
London
EC2V 7QN

THE EDGAR LEE FOUNDATION
CONTENTS
Page
Tru5tee5 reporl
Independent examiners report
Balance sheet
Note5 to the financlal statements
5-10

THE EDGAR LEE FOUNDATION
TRUSTEES REPORT
FOR THE YEAR ENDED 5 APRIL 2024
The Trustees present their annual report and finarscial stalernents forthe year ended 5 Aprfl 2024.
Thg financial slalemenls have been prep8red in a¢cordatice with the accounting policles sel out in note 1 to the
financial slalem8nls and comply with the Foundation'8 trust deed dated 11 March 1966, the Charities A¢1 2011 and
"Accounting gnd Report£ng by Charit￿8.. Statement of Recommended Practice applicable lo charities preparing their
accounts in accordance with the Fin8ndal Reporting Standard appli¢able Én th8 UK and Republlc of Ireland IFRS
1021" leffeclive 1 January 20191.
Oblectlves and actlvltles
The Foundatlon was set up to pay donations to charit8ble InsllluUDns or makè rA>ntrlbutlons toward any olhÈr
puiposes and good causes as the Trustees see rrt.
During the year it has Continued lo provide fundinu lo such organisalions.
The Foundation is governed by tt5e tru51 deed dated 11 March 1966 and deed of gnlargement dated 24 February
2020, whlch speclles Ihe objectives trf the FoundAtlon and Its benefi￿arles.
Flnanclal revlew
During the y8ar und8r tevi8w, charitiès atid inslilulions tsnjoying charitable 813lus dealing wlh education. diseases
and di5abletnenl have again been 5UPPOrted.
Donations pald durlng the year total £79,550 and a listing of the beneficlaries of the awards are reported on pagès 7
10 8 In the financtal slalemenls.
Thé nét outgolng resourcès for the yéar amounted to 1£67,8721 and, at the ènd of th8 year, the Foundation had
cash assets of £21,702. The financial position continues lo be n)onilored by the Tiustees. The Trustees consldored
Ihal the funds available would tse adequate lo fulfil the future obligatlons of the Foundation.
11 is the policy of the Foundation Ihal unreslricled funds which have not been designaled lor a specific use should be
maintained al g level equivalent lo bgiween three and six Th￿nth'S expenditure. Tho Truslees consider that reseNes
al this level will ensuie that, in the event of a significant drop in fullding, Ihey will be able lo continue th8
Found8tlon's currènt Acllvltles whlle conslderalion Is glven to ways In whlch additlonal funds may bè raised. This
level of reserves has been mainlalned throughout the year.
Plans for future perlods
The flnanclal statements refer tts the funds h61d by the Foundallon. UnrEStricted funds amDunt to £628,966. This
Fevel ol reseNes will allow the Foundation lo conlinue operating and provide it with more than enough capacity to
pursue ils charitable object. Moreover the Foundation's policy has altered and il is now set lo run down these
reservgs by maleiwlly increasing the aggregate amount spent oa¢h year in donations and grant lo other charities
and good causes.
Structure. governance and tnanagement
The Trust905 who served dur¢ng Iha year and vp lo the dale of signaluio of tho finariclal 8ts1em8nls were..
MrAR Lee
K4rCM L8
Moor8 NHC T{￿st Corporation Ltd
The Foundation's day lo day busSness Is co-ordSnated by MrA R Lee. The board of Trustees meet on a regular b8818
to dlscu55 the FDirndation'5 affalrs.
The appointment of Trustees is goverried by the Foundation'8 Iwsl deed.

THE EDGAR LEE FOUNDATION
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 5APRIL 2024
Publlc Beneflt
The Foundation's link8 wilh the community have continued Ihioughoul Ihe year. This included providing funding lo
the variou8 gducalional and research projects as well as other org8nisalion8 within the chaiily sector.
Risk Man8gèmÈnt
The Trustees continue to keep the Foundation's acuvltles under revlew, parllcularly wllh regard to any major rtsks
Ihal may arise from lime lo lime and lo monitor the effeolweness of the system of internal controls and other wable
mean8 by whlch those risks already Identified by the Trustees can best be m¢tigaled.
The Trustees r8POrt was approved by lh8 Board of Trus1888.
rARLee
Trustee
hfirCMLeÈ
Trustee
lor and on behalf of
Moore NHC Trust Corporation Ltd
Trusteè
27 Sep 2024
Dale..

THE EDGAR LEE FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE EDGAR LEE FOUNDATION
I report lo the Trustees on my examination of thè 14nanelal statements of The Edgar Lee Foundation for the yoar
ended 5 Aprll 2024.
Responslbllities and bas18 of report
As the Tru5te6s of the Foundation you are responsible foT the Preparat￿ll of IhE flnanclal Statements in accordance
Wtlh the rtquirements of the Charities AGI 2011 (the 2011 Acti.
I report In rèspect of my examination of thè Foundèllon's financial statements carried out undgr section 145 of the
2011 Act. In carrying out my examinalion I have followed all the applicab18 Dir8CtIOnS UlV8n by lh6 Charlly
Commission undei seclion 14515llbl ol the 2011 Act.
Indepèndènt éxamlner's statement
Your allenlion is drawn lo thè fact Ihal the Foundation ha8 preparod financial 5ts1emenls in accordance wlth
Accounting and Reporting by Charities preparing their accounls in accordance wlth the FlnancAal Reporting
Slandaid applicable in the UK and Republic of Ireland IFRS 1021 in pref8r6ncÈ to the Accounting and Reporting by
ChaTilies'. Statement of Recommended Pracllcè Issued on l April 2005 which Is referred to In Ihe extant regulations
bul has now been wtlhdrawn.
l underslgnd Ihal this has beèn done In order for finanaal Slalemenls lo provide a Iiue and fail view in accordance
with GenerallyAcceptèd Accounting Practice effecllve for reporting peri(¥ls beginning on or after l January 2015.
I have ¢ompleled my examlnalion. I confirm that no matt8r$ have come tts my allention in connection with the
examinallon glvln9 me ¢ause lo beli8V6 that In any material respect..
accounling tecDrd5 WEre nol kept in ¥especl of the Foundatton as requ1red by sectlon 130 01 the 2011 Act.. or
the financial slalemenls do not accord with those records., or
thè f4nancl81 statements do not compty with the applicable requlrements concernlng the form and content of
accounts sel out in the Charities (Accounts and Roportsl Regulatlons 2008 other than any requirement that the
accounts give a true and fair view whlch is not a matter considered as part ol an independent examination.
I have no concems and have come across no other mallers in conneclK)n with thé èxamlnation to which altention
should be drawn in thls report In order lo enabb ¥ prop6r undarstaftding of the financial slatemenls lo be reached.
Mr J Sarnlnad9n FMAAT
9 Kennedy AvenLte
Enfield
Middlesgx
EN34PA
Dated..
Y/::/g

THE EDGAR LEE FOUNDATION
INCOME AND EXPENDITURE ACCOUNT (FOR MANAGEMENT PURPOSES ONLY)
FOR THE YEAR ENDED 5 APRIL 2024
2024
2023
INCOME
Investmènt Income
Income from manag8d funds
ILossllProfil on dlsposals
20,593.00
16,051.001
22,172.48
17,377.231
othar recognlsed galns and losses
Unr8allsed galnslllossesl on invgslrnenl assels
12.844.00
141,611.681
27.386.00
126,816.431
EXPENDITURE
Grants payable In furtheranc8 of the Foundation'¥ ¢blocts
Grants 8nd donations paid duTing the y88r
79,550.00
59,500.00
Support and governance co$ts
Slockbrok8rfs charges
Accountancy
Ind8p6ndent examination feo
7.253.00
8,154.00
400.00
6.480.43
3.370.56
400.00
1S,807.00
10.250.99
95,357.00
69.750.99
Total Income for the year
Total expandllure for the year
27,388.00
195,357.001
126.816.431
169,750.991
N8t expendlture for the year
167,971.001
196.567.421

THE EDGAR LEE FOUNDATION
BALANCE SHEET
AS AT 5APRIL 2024
2024
2023
Notes
FÈxed assets
Held for inve8lmenl purposes
608,196.00
673,274.80
Current assets
Debtors
Investe¢ cash on depo8il
Cash al bank and in hand
868.00
10.599.00
11.103.00
io
10,478.56
13.583.64
22.570.00
24,062.20
Credltors.. amounts falling due wlthln
one year
11
11,800.001
1400.001
Ng1 CUFtenl assets
20,770.00
23,662.20
Total assots less current liabllltle¥
628,966.00
fj￿,936.8O
In¢ome funds
Unreslricled funds
628,966.OCI
8￿,9￿.80
628,966.00
696,936.80
27 Sep 2024
The financial statements w¢r8 approved by Ihe Trustees on ...............,.........
Trnstse

THE EDGAR LEE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Accountlng polic5es
Charlly Informatlon
The Edgar Lee Foundalion is a Charlty whlch Is governed by the trust deed dated 11 March 1986 and deed of
8n18rgement dat6d 24 F6bmary 2020. which specifies the objectives of the Foundation ancl 118 beneficiari88
1.1 Accountlng convention
The financlal st816ments have been prepared in accordance with the Foundation's govefning document, the
Charitie5 Act 2011, FRS 102 "The Financial Reporting Standaid applicable in the UK and Republic of Irelan(r'
C'FRS 102,1 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Récomméndéd
practi￿ applicable lo charitie8 preparing Ihgir 8ccounls In accordance with the FinaT>cial Reporting Standard
applicabla in the UK and RepublÉc ol Ireland IFRS 1021 leffectlve 1 January 20191. The Foundation is a
Publio Benefit Entity as defined by FRS 102.
The finandal statements have departed from the Charllles IAc¢(iunls and Reports) Regulations 2008 only lo
the extent requlred lo provide a tiue and fgii view. This departure has involved following th8 Statement of
Recommended Practice fo¥ chaThlies applyEng FRS 102 ralh8r than th8 vorslon of thè St8l¢ment of
Recommended Practr* which Is releiigd lo in the Regulation5 bul which has since been wilhdrawn.
The finanoal slaletnen15 are prepared In slerflng. whlch Is the functional currency ol the Foundation. Monetary
amounts In Ihese flnancial statements are rounded lo the nearest £.
1.2 Golng concern
Al the lime of appioving the financlal statements. the Trustees have a reasonable expe¢talion that Ihe
Foundatlon has adequate resourrEs lo continue in operalional existenc8 for th8 foreséÈable future. Thus Iho
Trustees continue lo adopt the going concem b38is of accovnling In preparing the financial slal8rnenls.
1.3 Charltable funds
Unrg$lTKted funds avallable for use at Ihe dlscretion of the Trustees in furtherance of thelr charllable
obj8clives.
1.4 Income
Income is recognlsed when the Foundation 18 legally entitled lo il 8ffer any performance candllkjns have be8n
mel, the amounts can be measured reliably, and it is probable that incom8 will bè r6cehted.
1.5 Expèndltum
Resources expanded are ineluded In the Statement ol Flnanclal Acuvities on an accruals basis. induslve of
any VAT whlch cannot be recovered. They are recognised when there is a legal or conslrucllve obligation lo
pèy for expenditure.
Granls and donations payablo are charged lo the Statement of Financial Aclniilles In the perlod in whSch they
have been approved and committed.
1.6 F5xed asset Inveslm8nt$
Flxed asset investments are Inllially tneasured al transaction price excluding Ir8nsaction costs, and 3r8
subsequently measured al fair value at each reportlng datè. Changes In f8lr value are recognised In net
incomel(expendilure) for tho yoar. Transa¢tlon eosts £re expensed as Incurred.
1.7 Cash and cash equivalents
Cash and tsgsh equivalents indude cash in hand, deposlls held at call with banks, other short-lerm Ilquid
Investments with orlgitial maturities of Ihr&e months or less, and bank overdiaffs. Bank overdrafts are shown
within borrowings in ¢urrent liabilitles.

THE EDGAR LEE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accounting pollcles
Icontlnuedl
1.B Flnanclal instruments
The Foundation h8s elected to apply the provlslons of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instruments Issues, of FRS 102 to all of ils financial instruments.
Financial Inslrumenls aye recognised in Ihe Foundation's balance sheet when the Foundation b8comes party
lo the conlraclual provisions of the In8lrurlleril.
Baslc flnenelal assets
Basio financial assets, which include débtors and cash and bank balaneès, are Inltlally measured al
Iransgcuon pricé Inchtdlng transaetlon costs and are subsequently carried at amortised cost using the effective
Inteiest method unless the arrangement constitutes a financing IransaclioTr, where the transaction is
measured at the present value ol the lulure receipts di5¢0unled al a markel rate of inleresl. Financial as8els
classified as receivable within one year are not amortlsed.
Bas1¢ flnanclal Ilabllities
Basic financial liabilities, includlllg creditors and bank loans are Inillally recognised al transaction piice unless
the arrangement constitutes a financing Iransaclion, where the debt instrument Is Meas￿[6d at thè presènt
value of Ihe fulu¥e payments discounted al a markèt rala ol Intère81. Flnanei81118bllitlés classified as payable
within one year are llol 8mortlSgd,
Debt Instruments are subsequently carrled al amorti&ed cost. using the effective inteie81 Tale method.
Trade credllors are obligalions lo pay for goods or setvioes Ihal have been acquired in the ordinary course of
operations from supplieis. Amounls payablè are classlfled as curr6nf Ilabllltles If payrnent Is due withln one
year tsr ￿$s. If not, they are presented as non-currenl liabilities. Trade creditors are recognlsed Inillally al
transaction price attd 5ub5equently wneasured al dmortlsed cost uslng the effective Interest melhod.
Derecognluon of flnanclal Ilabllities
Financial liabilitses are derecognised wh8n the FoUndat￿n'S contradual obllgatlons &xpire or are dlscharged
or L4ne£lled.
Income from Assets
2024
2023
el dividends
ILossllPTofit or5 dl$pos81s
Interesl from Goverment and Corporate BorKIs
10,336.(x) 17,874.09
16,051.001 17,377.231
1Q,257.00
4,298.39
14,542.00
14,795.25

THE EDGAR LEE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Donatlons payable
Donatlons
2024
Action for Chlldren
Alzhelmers, Disease SocAety
arnardo's
lind Veterans UK
British Liver Tiust
Childrens, Heart Federation
Chlldrèns Hospice South Wesl
Diverse Abilities
Dorset & SumerselAlrAmbulan¢e
Dorsgt Blind Association
Dorset Wildlife Tru81
Down'5 Syndrom Assodation
Fight for Sight
Friends of Blandford Community Hospi181
Friends of W8stmlnster Memorial Hospllal
Great Ormond Street Hospital Charity
Guide Dogs for the Bllnd Association
Gurka Wellare Tiusl
Hanford Group Riding for the Disabled
Inslilulion of Englneertng & Technology
Kldscape Charity
Leukaomia UK
Lewis-manning Hospic&
ListenSng Books
Livability
Macular Soclety
Marfan Trust
Mede¢*ns Sans FronU6re$
Meningi1Ss Researth Foundalion
Motor Neurone Disease Assoclatlon
National Aulislic Socl8ty
Outward Bound Trusl
Pancreatitis Supporters Network
PDSA
Poli￿ Caro UK
1.350.00
1,350.00
1,350.00
1,350.00
1.350.00
1.350.00
1,350.OD
1.350.00
1.600.00
1,350.00
1.350.00
1,350.00
1.350.00
3.500.00
3.500.00
1,350.00
1,350.00
1.35CI.00
1,350.00
1,350.00
1.350.00
1.350.00
1.350.00
1,350.00
1.350.00
1.350.00
1,350.00
1.350.00
1,350.00
1.350.00
1.350.00
1,350.00
1.350.00
1.350.00
1.350.00

THE EDGAR LEE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 5 APRIL 2024
Donations pay3b18
Icontlnuedl
RABI
RAF Benevolent FtEnd
Resplte Assoclatlon
RellUK
RNIB
RNLI
Royal Alfred Seafarers, Society
RSPB
SaEva14on Army
Second Chan
SSAFA
Spiiial Injuri98 As8ooialw)n
Springhead Trusl
Sl. John Ambulance
Surfers Against se.wage
The Donkey Sanctuary
Whizz-Kidz
N.S.P.C.C
UK Youth
Weldmar Hosplce caie Trust
Whizz Kids
1,350.00
1,350.00
1,350.00
1,350.00
1,350.00
t,350.00
1,350.00
1,350.00
1,350.00
1,350.00
1.350.OD
1,350.00
1.350.00
1.350.00
750.00
1.350.00
1,350.00
1.350.00
1.350.00
1,350.00
1,350.00
79,550.00

THE EDGAR LEE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Support costs
Support Governance
costs
costs
2024
Support Governance
costs
costs
2023
StothbrokeI5 charges
7,253.00
7.253.00
6,480.43
8,480.43
Accountancy
Indèpèndènt 6xamtll8tion f88
8,154.00
400.00
8,154.00
400.00
3,370.56
4(X).00
3.370.56
400.00
7.253.00
8,554.00 15,807.00
6,480.43
3,770.56
10,250.99
Ana5ysed between
Charltable actlvllies
7,253.00
8,554.00 15.807.00
6,480.43
3,770.56
fO,250.99
Trustees
None of Ihe Trustees lor any persons connecled wth them) re￿IVed any remunèr8tion or b8nefits from the
Foundatlon durlng thè y88r.
Net galnslllossesl on Investm&nts
Unr¢8tTl¢ted Unre8tricled
funds
funds
2024
2023
RèAllsed Ilossllprofit on s#1¢$
RavaI￿ation of inv8slments
16.051.00) 17,377.001
12,844.00 141,611.681
Taxatlon
Th8 FotÈndatlon Is exempl from lax on income and galrls falllng wllhin section 505 of the Taxes Act 1988 or
section 252 of the Taxatlonof Ch¥rg08ble Gains AGI 1992 to the extent Ihat Ihese are Épplled to 115 chaiilable
tsbjects.

THE EDGAR LEE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Flxed asset Invostm•nts
Llsted
Investment8
Valuatlon
Al 8 April 2023
Addllk)ns
Valuation changes
Dispo8al8
673,275.00
280.551.00
8.214.00
(353,844.001
Al 5 April 2024
606,1g6.00
C08t of Investments.. £560,15112023', £606.2901.
Dablors
2024
2023
Amounts falllng due wlthln one year:
Other debtors
868.00
10 Current asset Investments
2024
2023
Inveslec rash on d8posIt
10,599.00
10.478.56
11 Creditor8-. amounts falling due within one year
2024
2023
Other creditors
1,800.00
400.00
12 RElated party transactlon
The directors of Moore NHC Trust Corporation Limited are also directors of Moore Northern Hom6 Countl88
Limited. Ouring the year Ihe Chaiity became liabk to pay 8um8 to Moor8 Northern Home Counties Limited
relating to 8ecounlancy servic88 of £8,15412023: £3,370).
10