The Djanogly Foundation Charity number.. 280500 TRUSTEES REPORT AND FINANCIAL STATEMENTS for the year ended S Aprll 2025 The Djanogly Foundati(Jn TRUSTEES A.NII OF'b'l('.b;KS TRUSTEES Sir Harry Diano8ly C8E M. S. Djanogly J.S. Ojano8ly l.K. Djanollv Secretory A. Allanson REGISTERED CHARITY 280500 (England ané Wale$l ADDRESS 3 Angel Cour¢ St Jome5 LondDn SWIY 6QF BANKERS 145OC PIC 90 Baker Street London SWIU 6AX INDEPENDENT EXAMINER Peter Duboff FCA King4byry House 4611 Church LaTre London NW9 8UA STOCKBROKER5 ricdmèyno.8entley LLP 9 8ond Court Leeds LSI 2JZ The Djiqnogly b'nundation 'I'H US'I'E LS'EILPOK'I, The Trustees present their report together wlth rhe financial statements of the Charity for the year ended S April 2025. Con5tltution & Obje¢tlves The Trustees hold the funds ol the Charity on trust to pay or apply the whole thereof to or towards or for the benefit ol or in furtherance of such charitable purposes, institutions or loundaiions in the United Kingdom or eSsewhere. and in such manner and proportion5 35 the Trustees May Irom tSme to rirne in thelr ab501ute and uncontrolled discretion derermine. Organls•tlon The Trustee5 whu have served during the year and Since the yeaf end are Set out on pa8e l. The Board ol Trustees have the power to appoint addirional trustees at their discretion. Don•tlon5 and ur•nt m•klni pollcv The donation5 policy DI the Trustees is to sponsor development5 In medicine. education, social welfare and the arts. Grants will also be made to fund projects to relieve di51ress and to Pfomole the wellare ol the a6ed and the young. The charity is particularly concerned with the fundln6 01 projects ihat are new and may require a number ol years 10 establish, In such tases the granl rnakin8 activlty w511 be related to the devEIDpment phases of these prolocts. Flnan¢lal revlew and Invostment poll¢y During the year the Trust receivtd dividend Sncome and bank interest totalllng £124.90712024- £134,540) There ore no restrietions of the charity's power to invest. The investment strategy ol the charity. takit)8 Into account income requlrements, risk profile and medlum.term econorric prospecis, Is tD hold lunds In UK equitie5 selected by the Trustees and on dep051t at bank. R•ser¥ei gollcy The Trustees will endeavour to dlstribute the net dlvidend and Interest income of the Trust within 18 months ol the end of ihe accountin8 period In whlch the Income Is recelved. However if the Trustees have identllied a specific hi8h val¢Je Pfoleci then funds may be retained to linante this. Alsk mana8ement InvesimvriLb dle l)eld primarily UK and overseas equities sÈl¢ctÈd by rhe Trustpps hased on their a55esfimeni ol the f15k in terms ol capital and income the Trust is prepared to a¢¢ept in order to 8enerate sullicient capiial 8rowth ond Income to achieve its objectives. The annual report was approved by the tru5tee5 01 the charity on its behalf bv.. and $18ned on Sir Har Trustee vC8t The Djanogly Foundation TRUSTEES, REPORT TRUSTEES RespoNSIBILITIES The TTU5tees required under rhe Charllles Aci 2011 to prepare the IiThan£lal statemenis for each financior yeor I thè Ènd Df the year. In prepèfln8 Ih05e financial 5tètem•nr5 glvSn8 b true and falF vit%v. the Trvsrees shpuld ftrllow the bEst praciice and. Select 5Ultable accouniin8 poIKies and Ihen apply them Consistent￿¥ M4ke jud6emenis and esriniate5 Ih•t are reasonable and prudent ObseNe methods and prlnciples of the chariT￿S SORP Siaip weath￿1 applicable accoiiDiin8 51andard5 and 5t£tEr¥ien15 01 recommoiidprt practice have been followed. subject to any deyèitures dlsclosed and explalned In the financial siaienynts The TTU51Ees ¢vnfirrn that they have complled ¥Ylth the above requlrernents In the piepibFln8 the flnanclhl Th• Tru51e•s ar• respoTrslbl• lor keepini proper •ccountln4 r•co¢ds V4hl¢h dlstloiè with rtison•ble •ccuracy ai hariiy aDd which enable ihEm ro ensure ihai Iintsncial ii•temtn15 comply wirh the r¥quit•Tnents ol the Charities IAc¢ov1115 and RepoTlSI fiesulalion$ 2W5 and provlsions ol ihe rrust deeo, They ale a150 iespgn5ible lor 5al•EuaidlDE the a55eis ¢1 IhE Charily and hence lor i•kln8 reasonablt 51ep5 lor Ihe prevention aiid doiection 91 'rhe l)janogly b'oundation I,NI)LPENDENT LL4MINEIIS RCI)ORI' I rLpun ciii thi finanLilll 4liiiLmLn15 ul'Thc t)janoglv Foundaiion lor ihl ¥L'aT ¢nd¢d 5 April ?lJ?J ￿'hI¢ll comprisc th¥ 5iaiinlilli Iil'l.-in'inLial ilLIiviiiL%, IhL LlaldnLL ShcLI and IhL rL,lJicd IiUlL% 111) th. .1 hL%i lin4n¢i21 %1aiLi￿￿nl hail blcn prLparLd In iiLei)rd1nLL l¥lth thL ChdriliLi Aci 1011 I"-I'hL klcl'l ¢ind 14 Itll Ilic Fin¢inciJl KLponiiig Si:Ind,Ird ippliiiiblL in Ihc L K .In(l R¥puhliL ol-IrL Idiid I fR% IU?) in prcfcrLIILL Iii IIIL.IcL()uiiiin¥i iiiid RLpofiii)g bv L'harilic.% SiaiLmLnl of RLCtstnmcndcd PTa¢li¢¢ issued on l Apnl ?(K)5 whiLh is relLrri.d to in ¢xtAnl rLbTiil¢l1itsn% bLiI hii% now. bLLn mithdra￿Tr. RL'%pe¢tii'e ri'ipnn%lhlllilL'S (Jf Iru5tL'eJ and the examiner ThL' LhLiriiy'% IfU4i¢kS ari respoii%iblL. for prLpurintsT Ihe TrusiLcs' KcrdiTt and Ihe lin8nciAI %iaremLlli% in AeLOTddnLL with applicublL law and Uniied Kiii¥dnm Aicouniing %iJndards a4 uiii in the 8iaiLnicnl i)f -rTll41ii% R¢%ponsibiliiics. rhL ch&lri1>'S Nsiees consid¥r Ihai uudii is not re9uifLd f()r ihi year unilir 4LfliOlI 1441 ?) ol'ThL Act &nd iliiil an indLpiiidLni cxamincr% ￿'pon is Tcquirid insiclld. li iq my r¢iponAibiSily ILI Lx*miiic lh¢ fin&nLLal stsiemLnt% undiT ILciityn 144 01. ThL ALI lill10￿ lh¢ prtsiLdur¥s laid oui in IhL Cjcncrol l)irLiliofL% bil%Lii hv Ili¢ C'hJrily Coi?Imi.48ioiI und¥T s¢¢IiLin 1451511bl afihe 1ndL￿.11dc￿l ex*mlnir'y yt¥liiii¢iit In ionnLClllbn th'iili In), examinAiion no ma¢ier has ¢ome 10 my QllL'niion 8IVIII8 me ¢au5¢ 10 beli¢i'¢ Ihai in IhL' liiianL>dl 4111￿"117¢n1% dc> not ac¢(Ird wiill Ihi>.4L r¢curd oniiiii ill. ULL(iuiil% %Li oui in il)¢ ("huritiii l Accounis And Kcport41 Regiil)iinn5 9(10￿ otliLr Ihgn iiny reqiiir¥n)Lni Ihal ihL accounts gil c a trul &nd lair i'i¢w whiLh is ni)l a mlliiLr i(Trn>id¢rcd a% Pan ol. an indcpcndint ¢xaininaiion. Iiiiulw drd n'in this rL i)rt in ui¢JLr li) ¥ll&ibl¥ u propLr undLrsi&￿dlDg ol'iliL finunLidl IiaiLinLni4 11) bi rLHLII P¢li¥' l)uhiifl I,-C'A (."h*rlLrid .IccLiuntxni 411% L hilreh LiinL London NW9 XUA ThL I)j0,99D FuDds brought forward ai 6 April 1024 3,610.331 3,259.755 Funds Cèrried furward èl 5 April 2025 4.045.246 3.610,331 'Ihe Djanogly Foundation LIALA,XC; I,, Ii'nr the yoar pnded Apiil 2025 Notes 2025 2024 FIXED ASSETS Investnient at markei value 4,236,799 3,997.710 CURRENT A55ETS Sundry dobtor Bank 8alance5 15,303 4,454 15,303 4,454 CREDITORS.. Amounts falllni du• wllhln ont year.. Grants payable wlthin one year 73,452 73,452 loo Loans from tr¥sree5 Accruals 1,500 79,952 75,052 NÉT CURRENT ASSETSIIUABILITIESI 164,6491 70,5981 TOTALAS5ETS LESS CURRENT LIABILITIES 4.172,150 3,927,112 Grint5 Payable In more than one year 126,904 I1*).7￿1 NET ASSETS 4,045,246 3,610,331 UNRESTRlcfED FUNOS 4,045,246 3,610.331 The notes on page 8-11 form part of these actounts Approved bv e Boaid f Ustees and slgned on behall by oily C Chalrma The Djanoglv Foundation C.ISII FLOII, S'I'.4'1'F',.11 bNI' Fur the )'eiir ondod ,5 ..I1)ril 2025 IYore5 lois 1014 frorti apèTatln8 èctivities 1751,8341 17Q9.5011 REturns on Inv•stmefii •nd servltlni of flnan 248 Investment Incoff L24,900 134,539 125.155 C•plt•l •kp•ndltur• ind flthintlil lthvestm•nti Payments lo ocquirè Fixed J$5ei Inve51menis 156,396 188,289 Praceods ol dispo￿1 ol Iiied •53et investment 481,133 350,OJO 637.528 538.289 ID¢crea>?I Ilncrt¥so In eash In the ye•r 10.849 136.6721 Nei cash r¢50urces at 6Tb tsl April 7023 4.454 41.126 Net C•sh resourtes •t sih of Aprll 2014 15.303 4,453 'I'he Djanogly foundc?tion ACC.OL'N, 1'1Ne, POLICIEq Flir thL' yvar ended a April 2095 I ACCOUNTING POLICIES BAS15 OF PREPARATION The financial sratements have been prepared under the hi5toriral cosi convtrntion with rhe exception that Inveslmenis are stJted at markei value. The financial statement5 have been prepared in accordance with the Statement of R¢commendEd Practiie "Actountir¥ and Reportin8 by Charities" IFRS 1021 e￿e(lI￿e I, January 2019 and wSth the Charltles Act 2011. INCOMING RESOURCES All in£ornin8 resourr¢5 •re accounted for In the peilod In whlch Ihe charity Is ¢ntiiled to receipt. FUND ACCOUNTING All of tlie Tius1'5 funds are unrestricted. being available loi use ?t the discretion ol the Trustees in furtherance ol the gpntrral rJbiecrivp.5 01 the Trusi. De518nated funds are unrestrlcred fund5, Set 651de ar the discretion ol Ihe Trustpes for Specific purposes. RESOURCES EXPENDED Llabllities are recognised as resources expended a5 soon as there Is a legal or coniractual obliEaiion commlrtln8 the Charity to the expense. All expenditure 15 Iccounted for Dn èn accruols b3S15 and has bpen classified under headlngs thai aggregate all ¢0515 relaied to Ihe category. Doiiaiions payable are payments made to third parties the lurtheran¢e of the £haritable objective5 of the trust nd are Ihargrd in the year In whlch they are made. ¢OST5 OF GENERATING FUNDS The costs of generatln8 lund5 conslsi of investment management Costs. Manègemenr aL5ministr3tion costs are Ihuse Incurred In connectlon wlth the man38ement of the Trust's assets, or8an15aiional admlnlsiratlon and complli)nce wlih constitutional and stalutory reouirements. CHARITABLE ACnVITIES Cos15 ul chdritable activities Include ElonatiDn5 made. GOVERNANCE COSTS Governance costs Comprise all costs involvin8 the putslic accouniabilily ol th? Chhrity 6iid its comp15an£e wlth regulation and sood pr8ctlce. Those co515 include ¢05ts related to the Independent examinèiion. FIXED Ass￿ INVESTMENTS Inve51inent5 are 5tèted at market v)IuE as at the b3lat)ce sheet date. The slatement of financlal aciivities includes the ner gain5 and IDS5e5 arisin8 on revaluat10n and disposals throughout the year. UNREAUSEO GAINSANO LOSSES All 8a1ns and losse5 are taken lo the statement of financial actlv¢tle5 a5 they arlse. Llnrealised gain5 and losses are calculated as thé difference berween the market value ai the year end and openlng market value lor p￿rChaSe date The l)ji2nogly Foundation Nll'fLS FURIIIN(', PART UF THb:.,IC.CIII'.X FOR THE I"L.41( r.NDFD J.4pril 2t)&?r Donations Amount 8eefsteak Club 2,1)00 8ethlèm Museum Of the Mlnd J,000 crc 2,000 GaT51ngtDn Opera 1,080 Jew15h Care 12.5(K) Laureu5 Mental Health M Perei 2,000 Mosaic Voices 1,000 Naiion31 Jusiice Museum Norwood Nottingham Historic Churthes Trust 10,750 Nottingham Synchroni2Ès Skatin8 Acaderny. Bethlem Museum tsl tht Mind Nottingham Trent University NWE Syna808ue loo Princes Trust Athrorn 200 Park Bench donation 177 Royal Horticultural society 2,045 Siblord Sch¢)Dl 30,000 Splne Clinit 1,300 Srènd with U5 UK 250 United Synagogue 3,734 Tvial Don•ion¥ Tho Djanogyl), F oundation NOI'F.4 FOR.MING' P,IR'I' ob fHF, ACCOUNT I,'()R TH b;..IR LNI)Tr.'l) Ei ilpril ￿)02[} OF THE GRANTS PAID 2025 1024 Committed a5 ai S Aprll 2014 Cornmitted arid paid durin8 the year 384.965 403.226 384.965 403,226 RECONCIUATION OF COMMITMENTS Commitrnenis a5 at 6 April 2024 Commitment5 rnade durin8 the year and not paid Commilrnents cancelled durln8 the ve¥r ReduLtitsns lo the forei8n exchi3n8e Prior year COMmitmenTs pald durlng rhe year 438,417 800.92S 17,4661 1403.2261 IZ38,0611 200,356 390,233 Commitmenis due within one year Commiimvn15 due after one year 74,452 73,452 126.904 316.781 ZUO.356 390,233 GOVEHNANCE COSTS 2025 ZOl4 Independeni exatTiinef'5 IEe i.soo 1.500 Mana8emeni fee5 4,274 9.713 Other expense5 8ank char8es 171 210 5.945 11,423 ThL, Dj¢inogly I,'oundation .NQTF'..4 F'(IRNIIN ('. I).IRT I)b I'Hb: .41',1'niiNTS F'OR TIII.: I'E.4R E.XDED J ¥lpril .)02 INVESTMEN15 2025 2024 Maikel value al fi Apijl ?024 3,9Y7.7J 3,919,9¢4 188,289 156.395 541È pro¢*eds NIT INVESTMENT ILOSSE511GANES Reali&ed 118.247 J21.219 308,599 239,tl57 Marktl vèlue at 5 April 2025 4,236,799 3.997,710 4.362,469 4.655.778 INVESTMENTS AI MARKET VLUE COMPRISE Qiifiled equities- UK Qyoied eouliies- forel8n 2,949,012 2.584.253 68.250 68,250 1.345,207 1,345.207 Mdik¥i v3luE ai 5 Aprll 702S 4,362,469 3,Y91.710 Invosimen15 held ot thp S ApFII 2025 e4fh regre5eDllIlR re Than S% were.. APT Lloyd5 Banking Group PIC 941.361 756.852 ti05.958 598,681 Tlpl CafPEts J99.998 594,998 2,914.337 2.610.891 li