Charlty Number: 280693 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 THE LONDON TRUST FOR TRINITh COLLEGE DUBLIN CONTENTS Page Referen￿ and admlnlstratfve detalls of the charlty, Its trustees and ad¥lsers Trustees, report Independent audltorfs rewt 6-10 St•tement of financlal acilvltles li Balance sheet 12 Statement ofcash fflows 13 Notes to the finandal statements 14-20 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2025 The Board of Trustees Mr R Pennant-Rea Lady E Duff Gordon Mr F Larkln Chailty re￿Stered number 280693 Correspondence address elo Frank Larkin 70 Talbot Road London N6 4RA Audltor Nlcholas Weller sumer Auditco Llmited Chartered Accountants 14th Floor, 33 Cavendlsh Square London WIG OPW Bankers Lloyds TSB 83 claren￿ Street Klngston upon Thames Surrey KTI IRE Sollcltors Bates Wells & Bralthwate London LLP 10 Queen Street London EC4R IBE Page 1 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The Trustees are pleased to present thelr annual trustees, report together with the flnahclal statements of The London Trust for Trlnity College Dublin I'the Trusy) for the year l October 2024 10 30 September 2025. The financial statement5 eomply wlth the Charlties Act 2011, the Trust Deed, and Accountlng and Reportlng by Charitles.. Statement of Recommended Prattlce appllcable to charitles preparin8 their accounts In accordance wlth Financial Reportln8 Standard appllcable In the UK and Republlc of Ireland IFRS1021 leffertive l January 20191. Obi¢rtlves and Actlvltles Pollcies ènd obJe¢tlves The CharIt￿S prlnclpal actNlty is to promote the advancement of educatlon generally and in partlcular, publlc access to educatlonal facllities and of hlgher edueatlon In the Brltlsh Isles and at Trlnlty College Dublin I'the Unlver51tll. Publ1¢ Benefit We have referred to the guidance contained in the Charlty Commisslon's general guldance on public beneflt when reviewlng our alms and objectlves and in plannlng our future actlvitles. In partlcular, the Trustees consider how such planned actlvltles w511 contrIb￿e to the aim5 and objectives of The London Trust forTrlnlty College Dublln. A(hlevements and perfoiman¢e Review of actlvltles The yearwa5 a highly successful one for the Tru51. Donatlon Income of £2.53m12024', £0,97m) was recelved during the year, and £2.53m12024 £0.92ml was applied for and transferred to Trlnlty Foundation In support of students and the academic mlssion of Trlnlty College Dublln. The Universltvs UK alumnl continue to be active. wlth a number of events organi5ed by alumni group5 across the UK. Two key events were held In the London Dlnlng club In February and May 2Q25, and the variou5 UK based alumnl groups held a varied calendar otevents and outing5 throLbghout the year. Fundralsln8: Over 1,200 gifts were received by the Trust durlng the year, a 100% increase on the prlor year. Key glfts received during the year include: £lm Ilncludln8 Gift Aid) from a donor to support the Trinity Old Library Redevelopment Project £0.3m legacy to support the Trlnlty St lames'5 Cancer In5tttute £0.15m to support Unlverslty Llbrary ConseNation projècts. GolTr8 concern The Trust has no employees, and the only overheads incurred by the Trust relates to professlonal fees and bank charges. Admlnlstratlve 5UPPOrt Is provlded to the Trust by Trlnlty Foundatlon ITrSnlty Development & Altsmni- TDAI. Page 2 THE LONDON TRu¥f FOR TRINITY COLLEGE DUBLIN TRU5TEE5' REPORT l¢ontlnuedl FOR THE YEAR ENDED 30 SEPTEMBER 2025 The overall geopolitical landscape remalns volatlle; however, phllanthropy contlnues to be key to supporting the University to meet tts key objectlves. and the Trustees have a reasonable expectatlon that the charlty has adequate resourtes to tontSnue Sn operational exlstence for the foreseeable fvture. The Trustees have determined that In orderto ensure the long-term sustalnability of the charlty and11s abi1Styto meet operating costs as they fall due, the Trust wlll malntain reserves representin8 18 months of fOre￿$t operating costs. For thls reason, they contlnue to adopt the going con￿rn basis In preparing the flnancial statements. Flnanclal revlew The annual financial statements are attached to thls report. These have been prepared in accordance wfth the pollcles 5ummarlsed on pages 8 to 9. There was a Ideflcitllsurplus from all actlvltles of I£10,185112024: £41.8331 on Incomlng resources of £2,552,44912024.' £974,436). The primary focu5 of the Trust 15 to provlde a tax efflclent vehScle for UK based donors to enable them to support the advancement of educatlon and the educational facilitles within Trinity College Dublln. UnThfer5ity Graduates are contacted via ostal maillng5 and a telephone campalgn to update them on the current need5 of Trinity with the purpose o 5ecurlng donatlons whlle also keeplng alumnl abreast of recent developments. Total income raised In 2025 doubled when compared wlth the prlor perlod. Method of appolntment or ele¢tion of Trustee5 The management of the charlty Is the responslbility of the Trustees who are elected and co-opted under the terms of the Trust deed. Page 3 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN TRUSTEES, REPORT Icontlnued) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Or8anlsatlonal Structure and declslon makln8 The London Trust for Trinity College Dublin is an independent body which makes grants forthe furtherance of higher education. Periodicallyi Trinity Foundation, on behalf of the University, submlt grant clalms to the Trust to apply for donations received. Any such requests are made in line with the donors, wlshes. Any decisions to make grants are made by the Trustees on a maSorlty rule basls. The actlvltles of the Trust are co-ordlnated vla the Chalr of the Trust, with assi5tan¢e from TDA. Trustee communications and decisions are done primarlty by emall. telephone, and meetln8s as required. The method of appolntment for Trustees Is that the names of prominent and actlve members wlthln the graduate base are reviewed by current Trustee5 and a democratic cholce made from a short list. The Trustees have been carefully chosen from graduates of differing decades. to ensure a falr reflectlon of views. A new Trustee is provided with the following informatlon to enable hlm or her to discharge his or her responsibilltles, namely.. a copy of the Trust Deed, the latest annual accounts and current financial posltion. the latest Chairman's report, the Mlnutes of the last meetlnB of Trustees, any available information on cyrrent marketlng prolects and a copy of the Charity Commi551on's Duties of Trustees. R15k management The Trnst's activities are fully subsumed Into the wider risk management archltecture of the Trlnlty Oevelopment and Alumni. The rlsk management pollcy Is revlsed on an ongolng basis to ensure it Is robust, relevant and appropriately reflects the environment in which the phllanthroplc entltles of the University operate in. Speclallzed rlsk tralnlng Ss dellvered perlodlcally to the core Rlsk Management Team by an external risk expert to malntaln hlgh governance standards. Risk registers for each area are prepared and revlewed twlce a year along wlth an artlon plan and risk dashboard. Plans for future years The Trust engaged a Specialist legal firm to undertake a full review of the Trust Deed In November 2025. The purpose of the revlew Is to update the language, Includlng to add modern governance powers and provlslons and flexible provisions around virtual meetings and decisions by emall. These changes were presented to the Charlty Commission in February 2026. Once re8ulatory approval forthe updated Trust Deed has been obtained, the Board of Trustees will be formally reconstituted. Thls process will all8n the composition, tenure. and recruitment of the Board with the moderni5ed governance provlsions. ensurlng the trustees are structured effectively to dellver the charltls strateglc oblectlves. Phllanthropywlll play a key role In supportlng TCD'S strateglc objeLtlves underthe Thrive Strateglc Plan12025- 20301, In driving thls global mission, the TrLESt will play a ma5or part In developlng and growlng relationshlps with UK-ba5ed donor5. l Trini Coll e Slrale 1¢ Plan 2025-2030'Thrive' Page 4 THE LONDON TRUST FOR TRINifi COLLEGE DUBLIN TRUSTEES, REPORT {contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2025 Trustees, responslbllltles statement The Trustees are responslble for preparlng the Trustees, report and the flnanclal statements in accordance wlth applicable law and United Klngdom Accountin8 Standards Iunlted KlnBdom Generally Accepted Accounting Practleel. The law appllcable to charlties In England & Wales requlre5 the Trustees to prepare financial statemenls for each flnanclal year which give a true and falr view of the state of affairs of the charlty and of the incomlng resources and application of resources of the charityfor that year. In preparingthese financlal statements, the Trustees are requlred to: select suitable accountlng pollcles and then appty them conslslently: observe the methods and prlnclples in the Charitles SORP,. make judgments and accountlng estlmates that are reasonable and prudent,. state whether appllcable UK Accounting Standards have been followed. subject to ariy materlal departures dlsclosed and explalned In the flnanclal statements; prepare the flnanclal statements on the goln8 concern basls unless It Is Inappropriate to presume that the charlty wlll contlnue In operation. The Trustees a￿ responslble for keeplng proper accountln8 records that are suffitient to show and expl?In the charity's transactions and disclose with reasonable accuracy at any timethe financlal posltlon of the charlty and enable them to ensure that the financial statements comply with the Charltles Act 2011, the Charlty (Accounts and Reports) Regulatlons 2008 and the provislons of the trust deed. They are a150 responsible for safeguardlng the assets of the charlty and hence fortaklng reasonable steps forthe preventton and detection of fraud and other irregularities. The trustee5 for the purposes of charity law who served durlng the year and up to the date of thls report are set out on page l. Thls report was approved by the Trustees on 2016 and slgned on thelr behatf by: Mr F Larkln Trustee Page 5 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN FOR THE YEAR ENDED 30 SEPTEMBER 2025 Oplnlon We have audlted the flnanclal statements of The London Trust for Trinity Colle8e DLEblin (the 'ch?riVI for the year ended 31 March 2025 which comprise the Statement of Financial Activltles, Balance sheet, Statement of Cash Flows and notes to the flnanclal statements. Including a summary of significant accountin8 policie5. The financial reportlng framework that has been applièd In their preparation is applicable law and Unlted Klngdom Accountlng Standards, Includlng Flnanclal Reportlhgstandard 102 The Financial Reporting Standard applicable in the UK 3nd Republic of Ireland IUnf(ed Kingdom Generally Accepted Accounting Prartice)- In our oplnlon, the flnanclal statements: give g true and fair view of the state of the charlty's affaSrs as at 31 March 2025 and of its incomin8 resources and appllcatlon of resources. IncludinB Its Income ènd expendlture, for the year then have been properly prepared in accordance wlth Unlted Klngdom Generally Accepted Accounting Practlce; and have been prepared In accordance wlth the requlrements of the Charltles Act 2011. Basls for oplnlon We conducted our audit in accordance with Snternational Standards on Auditlng IUKI IISAS IUKII and applicable law. Our respDnsSblllties under those standards are further descrlbed In the Audltols responslbilltles for the audit of the financial statements section of our report. We are independent of the Charlty In accordance wlth the ethScal requlrements thèt are relevant to our audlt of the flnancial statements In the UK, Includln8 the FRC'S Ethical Standard, and we have fulfilled our other ethical re5ponsibillties in accordance wSth these requirements. We belleve that the audlt evldence we have obtalned Is sufflclent and approprlate to provKle basis for our opinlon. conclu51(￿5 relatlng to golng concern We have nothlng to report In respect of the followlng matter5 In relatlon to whlch the ISAS IUKI requlre us to reporttoyou where: the tru5tee5' use of the golng concem bas15 of accountlng in the preparatlon of the flnanclal statements Is not approprlate; or the trustees have not dlsclosed In the flnanclal statements any Identlfled material uncertaintles that may casl 51gnlflcant doubt about the ¢haritls ablllty to contlnue to adopt the goln8 concern basls of accountlng for a perlod of at least twelve months from the datè when the flnancial statements are ?uihorised for i55ue. Pag& 6 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN Icontlnued} FOR THE YEAR ENDED 30 SEPTEMBER 2025 Other krform*lon The trustee5 are responsible for the other Information. The other information comprlse5 the informatlon Included Inthe annual report otherthantheflnanclal statements and ouraudltols reportthereon. Ouropinlon on the financial statements does not cover the other Inforrnatlon and, except to the extent otherwise explicit stated In our report, we do not express anyform of assurance concluslon thereon. In connectlon with our audlt of the financlal statements, our responslbillty is to read the other Informatlon and, in dolng so, consider whether the other Informatlon Is materlally Inconsistent with the flnanclal statements or our knowledge obtalnÈd in the audit or otherwlse appears to be materially misstated. If we Identlfy such material inconsistencies or apparent material misstatements, we are reqLtired to determine whetherthere Is a materlal mlsstatement in the financi31 statements or a material mlsstatement of the other information. If, based on the work we have performed, we conclude that there is a materlal mlsstatement of this other information, we are requlred to report that fact. We have nothlng to report In thls regard. Matters on whlch we are requlred to report by excepilon We have nothlng to report In respect of the followi￿ matters where the char￿]eS (Accounts and Reports) Regulatlons 2008 requlres us to report to you If, In our oplnlon.. the Information glven In the trustees, report Is Inconslstent any materlal respect wlth the flnanclal statements,. or SLbfficient accounting records have not been kept. or the financSal statements are not in agreement with the accountlng records and returns: we have not re￿IVed all the information and explanations we require forour audlt. Other matters The prloryear comparatlves represent the year ended 30 September 2024 and a￿ unaudlted, Responsibllltles of trustees A5 explained more fully In the trustees, responslbllltles statement set out on page 5 the trustees Iwho are a￿0 the dlreclors of the charity for the purposes of Company lawl are responsible for the preparation of the financial statements and for belng satlsfled that they glve a true and falr vlew. and for such Internal control as the trustees determlne is necessary to enable the preparatlon of fifiantlal statements that are free from material mlsstatement, whether due to fraud or error. Ill preparfng the flnanclal statements, the trustees are responslble for assesslngthe charlvs abilltyto contlnue as a Boing concern, dlscloslng, as appllcable, matters related to golng concern and uslng the golng concem basls of accounting unless the trustees elther Intend to Ilquldate the charity orto cease operations, or have no reallstlc a￿ernatfve but to do so. Page 7 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN (contlnued) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Auditorfs responslbllltlesforthe audlt of ihe financlal $tatom¢nts We have been appolnted as audltor under section 144 of the Charities Act 2011 and report In accor(lance wlth the Act and relevant re£ulatlons made or havlng effect thereunder. Our objectives aye to obtain reasonable assurance about whether the flnancio15tatements as a whole are free from materlal mlsstatement. whether due to fraud or error, and to Issue an AudStors' report that Includes our opinlon. Reasonable assurance Is a hlgh level of assuranee, but Is not a 8uaranteethat an audlt conducted In accordance wlth ISAS IUKI wlll always detect a material mlsstatement when It exlsts. Mlsstatements can arise from fraud or error and are consldered materlol if, indlvidually or In the aggregate, they could reasonably be experted to influence the economic declsions of users taken on the basis of these financial statements. Irregularltles, Includlng fraud. are Instances of non-compllance with laws and re8ulatlons. We deslgn procedures In line with our responslbllitles. outllned above, to detect materlal mlsstatements In respect of IrregulaTities, Includlng fraud. The extent to which our proeedures are capable of detectlng Irregularltles, Includlng fraud is detailed below: In order to identrfy and 3ssess the rSsks of materlal mlsstatements. Including fraud and non-complian￿ wlth laws and regulations that could be expected to have a materlal Smpart on the financial statements, we have ¢onsldered'. the results of our enqulrie5 of management and those charged wlth governance of thelr assessment of the ri5k5 of fraud and Irregularltles; the nature of the charity including Its management structure and control systems Ilncludlng the opportunity for mana8ement to overrlde such controls),. management's incentive5 and opportunltles for fraudulent manipulatlon of the financlal statement5. and the environment In whlch it operates. We also consldered UK tax and pension leglslatSon and laws and regulatlons relatlng to employment and the preparation and presentation of the flnancial statements such as the Companle5 Art 2006 and the Charitles Att 2011. Based on thls understandlng we Identifled the followlng matter5 as beln8 of slgnificanceto the entlty- laws and regulatlons con51dered to have a direct effect on the flnanclal statements Includlng UK financial reportlng standards and Charltv: management blas In selectlng accounting policles and dètermining estlmates; the tlmlngof the recognltlon of income; the split of Income and expendlture between funds. and compliancewlth terms of grants and legacies received. Page 8 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN (contlnued) FOR THE YEAR ENDED 30 SEPTEMBER 2025 We commLEnieated the outcomeg of these dlscusslons and enquirles, as well as conslderatlon as to where and how fraud may octur in the entltyi to all en8aBement team members. Audlt piocedures undertaken in response to the potential risks relatlng to Irregularitie5 Iwhlch Include fraud and non-complianee with laws and regulatlonsl comprlsed: enqulrie5 of mana8ement and ihose charged wtth governance as to whetherthe entity complies with such laws and regulatlons,. enquiries wlththe same concernlng any actual or potentlal liti83tion orclalms,. discussion wlth the same regardlng any known or Suspected Instances of non-compllanee with laws and regulation and fraud; Inspedion of relevant legal correspondence; assessmentof matters reported to management and the result of the subsequent Invest￿at￿On. obtainlng an understanding of the relevant controls; obtalnlng an understandlng of the PDlicle5 and controls over the reco8nltlon of income and donatlons and testing their implementation durlng the year; revlewlng terms of donatlons, grants and le8acies recelved In theyear,. Identlfying and testing journal entrles, In partlcular any journal entries posted wlth unusual ccount combinatlons or creditlng revenue or cash; revlewingthefinanclal statements forcompllance with the relevant dlsclosure requlrements; performlng analytital procedures to identlfy any unusual or unexpected relationships or unexpected movement5 in account balances whlch may be indicatlve of fraud; revlewingthe mlnutes of Board meeti1￿$. evaluatlngthe underlying busines5 reasons forany unusualtransactions; and reviewing donations made to ensure they are in line wlth terms of donatlons recelved. No Instances of material non-compliance were identlfied. However, the likellhood of detectirt8 irregularitie5, Includlng fraud, Is Ilmlted by the inherent difficulty In detectlng Irregularlties, the effectivene55 of the entity's Controls, and the nature, timln8 and extent of the audSt protedures perfomied, Irregularltles that result from fraud mlght be Inherently more dlfficult to detect than IrregularltSesthat result from error. As explalned above. there is an unavoidable risk that material mlsstatements may not be detected, even though the audit has been planned and performed In accordance wlth ISAS IUKI. A further description of Dur responsibilities forthe audlt of the financial statementslg located on the Financial Reportlng Councll's webslte at: www.frc.org.uVauditor5responslbS1ities. Thls descrlptlon forms part of our Auditors, report. Page 9 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN INDEPENDENT EXAMINEIVS REPORT TO THE TRUSTEES OF THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN {contlnued) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Use ofour report Thls report Is made solely to the charltvs trustees, as a bodyi in accordance with Part 4 of the Charltles (Accounts and Reports) Regulations 2{￿8. Our audlt work has been undertaken so that we might state to the charlty's trustees those matters we are requlred to stste to them in an audltorfs report and for no other purpose. To the fullest extent permltted by law, we do not accept or assume responslbility to anyone other than the charity and the charlty's trustees as a Ix>dy. for our audit work, for thls report. or for the opinions we have formed. Nicholasweller FCCA On behalf of Sumer Audltco Llmlted Chartered Accountant5 & StatutoryAudltor5 14th Floor, 33 Cavendlsh Square, London WIGOPW Date.. Page 10 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unavdhed Tot Fund5 2024 Unre5trlcted Fund5 2025 Restrl¢ted Funds 21)25 Trt•l Fund5 2025 Inttyne fiom: Donatlon5 and grants Operatlonèl fundlng recelved 255.319 23,S90 2.273,540 2,528,859 23,590 966,679 7,757 14 Total kntome 278.909 2,273,540 2,552A49 974.436 Empendlture on: CharStable 8Ctlvltles Grants payable to iThstltutions Governance 254,300 32,253 2.276.081 2.530,381 32,253 924,846 7,757 Total expendlture Net IMcomellÈKpÈftdlthrÈl before Dth recogn15ed ialr*s losses 286,553 2,276,081 2.562,634 932,603 Nat movomqntln fund5 17.6441 12.5411 110,1851 41,833 Tthal fijnds broughtforwèrd 18,964 49,013 67.977 24144 Total lunds eard•d forward 11,320 46.472 57,792 67,977 The notes on pèges 14 10 20form ofthese finantlal ststemenls. Page 11 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN BALANCE SHEET AS AT 30 SEPTEMBER 2025 Unaudlted 2024 Note Curmt 3ssÈi$ Debtors Cash at bank ond in hand 11,060 65,212 27,518 47.419 74,937 io CteiNtors'. aMo￿ts falllnl due wlthln one Year 18,480 57,792 57,792 67,977 67,977 Net¥S5ets Chorlty Fuffd5 Re5trlrted funds Unrestrlcted funds li li 46.472 11.320 49,Q13 18,964 Totslfund¥ 57.792 67.977 The finantial st¥tementswere approved by the MembÈrs olthÈ committee on S 102£ and slgned OTh ihelr behalf by Mr F Larkln Trnstee ThÈ notesonpales 14 to 20 form part Df these hnènclal 5tatemeThts. Page 12 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN STATEMENT OF CASH FLOWS AS AT 30 SEPTEMBER 2025 Unaudlttd Note 2015 2024 Cashllows from operat1￿ acllvltles Net cash used In operatlne aetfvitles 13 17,793 25,878 Change In ¢4th and cash •qul¥alonts Inthe year Cash and cèsh equlvalent5 at the be8lnnlng olihe year ¢85h ?nd ￿5h e4ulvalentS It the end of the year 17.793 47,419 25,878 21.541 47.419 The notsson pages 11 to 20 form port of the5efln3nclal st4temetrbts. Page 13 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Attountln8 polkl•s 1.1 Bas1$ of prepar¥tlon gf financl81 statem?nl$ The flnanclal stztement5 have biw prepared In accordance wlth A¢countlng and Reportlng by CharStles'. Statement of Recommended Practlce appllcable to charFtle5 pre￿rIng their accounts In accordancÈ wlth the F5nan¢131 RepDrtlng Standard appllcable In the UK and RepublK of Ireland IFRS 1021 leffectNe l January 20211 as mended by 8ulletln I Issued by the Charlty Commls51on - ICh8rlties SORP IFRS 10211. the Flnancial Reportir¥g Standard aFyllcable In the LIK and Republlc ol Ireland IFRS 1021 and the Charltles Act 2011, The London Trust forTrfnity College Dublin corTrstltutesa public benefit ent￿Y as dellned by FRS 102. The flnantlal statements are prepared underthe historlcal cost conventlon. 1.2 Fund occountl General fund5 are unrestrictsd funds whkh a￿ avallèbFe for use at the dlscretlon of the Trustee5 In furtherance of the general oblectlve5 of the rharity and whEch hwe not been desi8nated for other purpose5. Des¢gnated funds comprise unrestrlcted funds that have been set aslde by the Trustees for p3rt1cular purposes. The alm and use of each desl8nated funcl Is set out In the noteslo the flnanclal ststements, Restrkted funds are funds whkh ar8 to be used In accordan￿ wlth 5petlflc ￿$<￿Ittl￿n$ Impo*d by donors or whlch have bÈen ralsed by the charlty for particular purpl￿. The costs of ralsi#¥ and admlt)tstering suth funds are charged agalnstthe speclflc fund.Thealm and use of each re51flcted fund15 setout inthe notestothefftnanclal statements. 1.3 INom• All Income is recogn15ed once the 2,525 13 775 5,725 13,870 14.016 5,677 42,626 107,300 86,595 86,285 152,075 73,000 3.602 16,924 13,823 2.160 1,923 49,013 273,540 2,276,081 General funds These are donatloFt5 and other Incomlng resources re￿1¥able tsr 8enerdted foi Ihe Obl￿ts of the charlty wSthout furtherspe¢illed purposè and are avallable as general lunds. Page18 THE LONDON TRUST FOR TRINITY COLLEGE DUBLIN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Trlnlty E3 IEnglneerln& Envlronment, and EmeTgln8Technok)glesl Is a ploneerlTr& Interd15£1pllnary Inltlatlve atTrlnity College Dublln that merges the Schools of Englneerin& Natural Sclence. and Computer Sclence & Statlstlcs. It's alm15 to develop sustainable tÈthnolo<al solutlons tor global challenges by Integratlng Ènvlronmental awarenÈss wlth englneérln8 and tornputln¥. ii. Anatysts of net assets between fund5 Vnaudlt•d Total funds 2024 Unrèstrftted fvnds 2025 Réstrlrted funds 1025 Totsl lund$ 2025 Currentassets Credltors due wlthln one year 29,800 118,4801 46,472 76,272 118.4801 74,937 16.9601 11,320 d6,472 S7,792 67.977 12. Anatysls of nEtthAn80$ In debt Atl Ortobpr 2024 At30 S#ptember 2025 Cash at bank and In hand 47,419 17,793 65,212 47,419 17,793 65,212 Retotr1d￿atlOn of r*t rnovement In fiJnd5 to net C15hflowfrom opeyatlng acllvltlès Z025 2024 Net leMpendltureVln£ome forthe perlod 10,186 41,833 Ad￿$tm•ThtslOF. Decreaselllncreasel In debtors In¢￿Se/{decrea$ej In creditors 16,459 11.520 17.793 113,1951 12,7601 Page 19 THE LONDON TRLIST FOR TRINITY COLLEGE DUBLIN NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Reloted partytr•nsa¢tlo Duringtheyear, the Trust ￿ceIVed operètloDèl income of E23,590 from Trinlty Foundatlon12024: £7,757). Th15 relatesto legal and accountancy fee5 Incurred bythe Trust durin8 the year. Page 20