Kangyur R1np￿he Foundatlon
Trusto0• Report and Auditéd Accounts
For th9 Year Ended 31 Do¢ember 2023
PRB A¢￿untants LLP
Kingfisher Fk>use
Hutshvood Grange
HuT8￿0d Lane
H8ywads Healh
We51 Sussex
RH17 7QX

Kangyur Rlnpoch8 Foundatlon
Charlty Infomiatlon
Kangyur Rlnpoch8 Foundation was recogn18￿1 as a ¢harity bylhe Charity Comm1881￿ (Lmderthe
Chaiitigs Act 19601 in 1982
Trusteés
Lar￿ne Gelhin
Jennifer Kane
Caroline L8tharn
Charte8 HaS￿ng8
David Smith
John Cantl
Taklung Tsetul Pema Wawal
Dqw8 Horeau
Mike Slaaj
Khyentse jigr￿ Choll•y
Eweth Stead
Ghurlty Number
284845
Charity Addrngs
Mlke Si8a
152 crosc￿rt D￿ve South
BrvJht
BN2 8sA
Aud
PR8 kcountants LLP
Klngfisher House
Hurstwood Gran
Hur8twood Lane
H8yW8rds Heath
We* Sussex
RH17 7QX

Trustees of the Kangyur Rlnpoche Foundatlon Annual Report for the
year ended 31 December 2023
Overviow
The Foundaton ￿￿1ved donalh)n8 in 1he amount of £1,786k duriro the year12022 - £632kl
sunificAnt incrèase was mainly due to a large dOnatiOr￿ frorn or* SUPfMyler. He donat¢d just over £1
mlllion to support the act1w1￿ of the FoundatK)n. This has ellab￿d the FOundat￿n lo support many
rmrè Worthwhi￿ projects and to supwrt rnany peop* in ￿d.
The higher levèl of i￿ome has. uTrJer the Charity Cornm1￿On njses. required th¥ F(yJndation to have
ts accounts fully auditsd thk% year as opp¢xed to kirKJ 5ndep￿rth￿y examined.
Donations made by the Foundation amountsd lo É1,30￿((2022- £454kl. prirnarity torprojects in Tibet.
Nepal and India.
As at December 2023 the F(xJndation ha5 restricled funds of £11k12022- £12kl.
We fijnd projects that prowde tyyucation and suppcwt to thiklren, induding BaMl￿ pt4
in Nepal and the education ol the Baudha Street chikjren.. we have suwrteé institutions in SI￿1￿
(Ven. DrAlnipChtn Rinpoc*el aTrJ tn Shimla [Ta￿Ung Tsetull. We havg aL80 3bk to $upport
projects in fibel
This y&arwe have continu8d to donate monw Io Sa￿n9 INeS. In parbUj￿ horse8 in Uruguay and fish
in fibtst and Hong Kong
Theffj has been vèry lrttie progress with confeEnts ￿tre that is proposed to te buih in Franc8
Ithough we a￿ still hop6fv1 that planning perrnissK)n will b8 galned in the ne￿, few yeaT5.
Work is prou￿$s1Dg on finali8ing the plarts forthe library and 5•eking req¢Ji￿d lundiny.
The Foundation is very appwiat've tsfthe work uTh*rtaken by vdunteers in Meth"￿ its obpdNes and
In keeping its athinistration (xyJts to a min1rn￿i.
History of the Charlty
The organisation was sgt up by 5 loundirg tru8t8as in 1980. Ka￿yur FlnrK)c*e was a special teachgr
and this charity seeks to (xintinue work in relievlng pjverty, distress suffering in any part ol the
worfd with particular referen￿ to diildren and displaced pers￿.

Tru8t88s of the Kangyur Rlnpoche Foundatlon Annual Report for the
year onded 31 December 2023
Tru8fEe¥
Glv•n the age olthe thgrity no Bet nJK¥ wlthkn the tmt daed about ts rrinmurn nurn￿r8 of
trustees. ou¢xats nurrknrs or thgth ￿geT¥1￿ •thd rÈ8fwArrtffl￿.
A remw ofthe Irustsè mambe￿hlp 8￿.11 18t rquir& forth8 th2rfty Is und8rtaw yearty tQthSLre
that tha Foundation haa th8 etvoriate Trix of &knlL8. It W89 ￿n￿d￿l tre ¢urrnrrt meot
the ¢harlUgs' rEquiretnents at the prt*nl titrt Ext￿al adw B 80Lb3ht where is a need for
s￿1￿5 rK knovlaJg*ar889 not rnvet8I byth8 tru8t88S.
pu￿1¢ B•nollt Stothrneftt
In pur8ulro our dJjBcM8 and acmes for ts year. the Tru8teos have glven
eonsldgrayon to the du￿9￿ Set out in section 17 01 Ihe Charrw Act 2011 to due rÈganl to PL*4ic
bÈn8flt. In partjcular, the Tw¥tee9 have tyJnSKbr￿l how th¥ Flan￿￿ admtsgs will CDftlributs ¢0 the
overall thB and Obl￿￿Ve5 thHt they have 88t
Th• Trustees b8lieyolh&tthe gbove and the r*48Lth8 the b8neft th8t
the provh*8 toth puL4i
CoMtitirt6on, obJ•Gt and polkh¥
ohsrty 869ks fo..
Releve povwty, distres8 and $uftsrfng In any part of￿8 ￿.￿ Iwth pthwiar fel&p￿8 to and
such per8onB are (thsplaoth, ¥iat¢lgSS W ￿lUgeeS farn1￿ and dgpeThl8nts of Such p¢t5Dn5
8nd in particulw Ihtse olfib8tsn race Or0￿1n 8ThJ to Bdvarfft ts educthn of&Lh p￿￿￿5.
strt8mert of TBSPOnSlbilltieB of th•tm$tees
Law aprli¢gbb to charthes bn ErvJl2rKI ard Wales the trL•tg88 lo Prepa￿ finandal ststemonts
foreach fin￿￿al y88rvhlch 9iva a liue a￿j fair olthe chaiitrls finaDdal al￿￿[1?$ dwirG the
d of its finwckl posltjon at the eNi of thè sear. In p￿par￿￿ ljw stateThrts. t￿ trustees arg
ulred lo...
> S8180t8uttBLlts •¢CO￿U￿g ard Hppty
> Make 8stim8*sth&ate rea8￿￿ 4tvJ
> State 8pplicaLle a¢LounUThJ stardpros 4nd slath￿
h&ve baen ￿0￿Ed. wb)8dtO 8ny departures d&cir>yed Èx¥laW In sta{￿Ent
> Pr8pAre t￿￿8￿&81 ÈlhteTr*nt8 iciro rjmrn io tM8SUW
Ih•ttha ch8rfty c£￿jnUe kn opwaik)n.
Th6 trustees are r8st￿￿ble far keeprg pr¢¥xr acwLfftlrvJ r￿j*d9 whth dtsd08e rewnth8
a(￿￿Y at any time tkng financlal positiop ol Ihe charity tc enab￿ them to ￿Sure that theffinandal
stst8rnents wmply wlh IhÈ Ch3riti&s Act 2011. They are abo rtssponth￿ fw 8afeguardlng the awts
of th8 Charity henc* ts laktho wsw8bl8 Steps Lie prevenJaD Df fr8LKI and
other irregLlarlJeB.

Truslee3 of the Kangyur Rlnpoche Foundptlon Annual Report for the
year eNled 31 Decembar 2023
Rlgk manaqarnent
The truBt8es act￿•ty review ts rna1￿ tsks wht* the tharfty I￿S on • r8guLHr b&¥li aTrJ tr
they hav• a8￿118￿d $y6bm8 ¢0 M￿￿ethe 8ignrfiEant o￿lOn￿l ana bu91￿ rfsks.
re8pect to Ask asectiatsd with ￿t￿tIO1 fiaud Ihp Trl*1￿ appL¥rrtett Trust¢• to
Over￿ this ar8alo er￿J￿ that aB far 89 fs pr6Fibb ts r*k offrathy L8 mnlmtse4J.
Fln•Dclal rèvf•w
rhe tharhy rècudttl a surp1￿4 far thg year 31 2tr23 of £324k12022 - £7*1.
8¢rictod 8urplu¥ car￿ed fr*wgrd amouots tp £11k &id trft unres1ri¢￿d 8UrFI￿ c4rrl&Y f0Th￿rd
amounts to £2,1&9k as at 31 [￿c￿tr*r202S.
The applicJb)n of aurplLW revkyAtd reg￿ h ￿der thèy can be u88d to make ths most
imp¥t in tho Found•tion'& Obje￿1¥8#
Re8eMs Poilcy
A large propottion Of monleB ar8 tsxpended a8 and ftJrYJs w• 8va18t4e. To be prudent,
o)nwcler8d that a e*rtaii levd of re9erYe6 8hou￿1 be to m8et urfforeseen cwcun%tances, It h88
teen agr88d that ftl le88t 3 montrffj, Df exper￿￿rI fis hekl in Ixh end rwrv&s at 811 tim85.
Inve¥tmenl pollcy
Inve51ments 8totsd In the b819nCt sheet at th*r f•tr value &8 8t the b81ofTh 8beet dats. Al
m0ven￿nts in value ari81￿J from iTWe8tmani ch￿ge9 or w81uation arv ro¢rtsJn3￿j in Ihe thten*nt of
Inancial actiwties. Gains or bsses in inbysbrerts are a8 t1￿ dIffe￿n￿ th8
dV4WJ8￿ woceedB 8ThJ Ihe histor.￿ (x)&t
Tho truÈttts thè Investments at its meth"rvJ8 to ewfe Ihat tt*y tern￿ appr4)riatg With
reswt to rlBk and rv*ard.
Mike Stpao
Truste8
Date
11

Independent Audltorfs Report to the Membern of Kangyur Rinpoche Foundafjon for the year
ended 31 Decernber 2023
OrAnl
We have thE fro￿.a1 Df Ibk kne 31 Decernbvr2023whth wmWBothe
8t￿￿￿1 irf otc5￿ fk￿ apd thg, The flnanr
reoprtkng fra[r￿￿)th beenW￿ In mrpreE￿I￿ LrrliNI ￿-.￿Jd0Th s￿)￿d5, IrK'L*JlrvJ FPS Th*
Finandd ¢pp￿¢￿OIn the UK•bJ ￿Jr￿n Ger￿alyAC￿%owj
In￿r Onlan thBffirrt81 gtath
falivwdthtsstst8ofNec*8rity4g￿&￿SsSa31 t￿￿￿t￿20T3 It￿U[c*S4nd oHAk*Uon ofV￿￿[C6s,
In￿￿1r￿d..ts Irrn￿ ewdlts¥B, qrthj.,
ha¥ebeen PAp¥ed rl h&cm*lU8spa2011.
IlbAIBfoT Opknlv
We conduo*td OLr wjdlt In ¢oxrd¥rB yrfth knt¥n3J￿ cn IVK) OJKI W. (XW uThJèr
tif 'nw(ia:" of pur rerth Wv or&
Indapendenl dthty chartty Lfj K￿rdS[￿Y1th ettr￿1 T￿rern￿ts that rolthw'.ty flr8ncal UK,
the FRC'S Eth1￿1 Stwdgr4 and VM havèftj1l1￿ our¢tsetrl• In r￿￿re￿￿ts. ￿ Wknthètthea￿I[l
Conclu¥lthn• UDlng concgm
In 8uall￿g the 5t3tèrr.ènFs, have thttthe of b)8 Of•)￿mU[wA in tha wtyaravon ofts
finaK4al state[￿ts w arvrDprfat
Based OTr lknè haw perfurn￿, ￿entr1ed èwts or Irrt Indwthally Ix
coll￿1V*/, rnBy thst Slur4fi￿I th8 ot411ty a• rf•t rmtrs Pom th¥
firrandal *atornen* Buthori&odf¢rlwa
Ourre8Foroidliti88sndtrernllponvAt4fi£E 18¥*Ato grANJ oyKem ￿leva￿&sGr￿ ofthiBrapcrt
OthAr In14Jtm&Uon
Th& other lTrftThtiLW ¢￿p￿S88 inforynguon Incathy In. Terrfrt Ourw￿￿￿4 rwt therwn.
The tru*eeE rBspc￿￿bI8 Sy othw Infoiryw¥on. Cmr op￿￿ on ÈL#temth rnx f1)V￿ Iw oth&r gnd, Fxwtto
In OLr akMIt otaemerts, c4r wbK¥."$ y) a￿1 In *, wtthr IhÈ
rAhÉr1nf0￿atiall IB m8Wly Stsieft￿￿ ly ID *eaLK1torotsW￿j6 appe•rs ID be n**￿allY
￿￿tatod. Idenfffy gLth mBterid InGcrd*cè8 ￿app8..￿l ￿thrfa. rrissta*therts thater fve Is a Mater
rnlsslaftoThFmin ts finarri4 ￿t￿￿￿ts01 8 matsi81 ￿$s￿￿e-..t{￿ts (thet If. we pErforn￿l,
Ibwl is 8 rrffjfrrfal rn1sst*ernetrt￿t￿S
We ￿reportin *.
MattsT¥ on Wh1¢h￿9￿[￿re￿￿Vfjd fo rèwrt5¥ exceFiitin
In the I'ght of cl ts dwmy its otitwn•Y In the ot the TrH¥è rrl id8nbfio
m155tat¢merrs Ipthe1[￿es.
the knthètru&e86' r¢kKYtls inawm*alrawaknlth s10￿￿￿.. L
1gqwl8 awurfT¥J kert
r#cBA¥ed ai the Infwrauon al¥Je%￿¥bJbrn*eN￿ets￿￿ra￿I(
lained more wsta85' thetsu¢* are D*tho 8tal¥n￿8￿d￿
satisfied th&tfhey iiye a truo 1¥4t aid h-su(*b inkn*. a& thB 16 we55Qry tg And)lethe pryfvllDn of
In PFyring the firw(¥&l thE tll￿5 a￿ 3sse5S*lhB tri L¥)JVJr.up 8s 8 cryr4tn, ￿￿40￿g, as
appfvBble. matterg to go*Ya *d LL9ry 'th g(irwJ of Lrt86B ITLL* eith* lit￿￿ ty I￿￿da￿
Gharity no (kj *.

Indgpandont Audltorfs Report to the M8mbers of Kangyur Rlnpoche Foundadon lor the year
gnded 31 December 2023
Audito¢s rg4p•Tr•fdHlts¥* lorthe awtholth• slzknthts
ot4ocMvw •ra b r6a6orwb.e 8wrArre atrAxrtyhthtr6"r8￿tsT awtr4eA? matsl31 rrKsthttt￿, wfoller
to or ortry, and b I￿u¥ en wcWtol0 ryrt that Irélloes eLf c¢irth. Rea5O78ts12 •su4nps 'B a Ngh18VBI ul but Is not
tt1ot an wj't wrKJuGtEd in aC¢L¥tsr¢è￿kn IW lu￿ ￿111
fvDm fwd or ￿Or fjre iya￿ld¥s￿ m&t•l.a' ￿, I￿[￿ValY thb 8owW, bo oxpacbj trj thE ￿nomIC
ded$kn8 ofL4Of6t4k￿￿tro baa16 0[￿e￿ne￿￿ skkrn£r
IrregulyrlJ*. illLiudw traLk1. wty 5rotsllLYS of We doElJr wac•duw l) IIM our r•&pDll4fD'IVI88,
oUt￿n￿l atKyM, ID rnaierfal In rw o* Irre•Jw¢s Th8 &¥knt b Dur wt*Jur85 8re r• of
IrrtyLI4ri￿ fixud l$deknhl t*law.
We have wnkk*rad the fr)1￿Angf￿ ri vAuaiirg cyY6ofdeMOW lrr8ouLq*￿dk￿d. Th0aUdV(￿ tsMdLka•J
sIw8 ryaprfelllryaAItPEGk. Tr• [￿rjlIY￿￿S1gWd t) PRB A￿￿.[￿8[￿ LLP ib*¥b*l r8gi*&￿jaBstsut0ty
uditDf3 Bince 20QI, Materf￿1￿ ws¥(¥lk'L4•J keyau6it¥Oa& 8èttkng 88m[*s￿and
eVahj￿inll 8roTs', knytiL31 re￿of1￿* prrAIt End *'JY 6K*È lo help k*nNfy sty
ir[w￿￿￿t￿,. PRBAr4ojntan￿ LLP Sta￿￿ rnerr,bvJ rgw8rty take pgrt In oYThJ¥vJ dovBbThYioxJr¥sto
and to keep up to Cn•J)98sto leg.¥￿kn.4 A ￿￿ItC￿$￿'s￿￿l ￿￿1th the dw88 &p¥ 1tstr*6nttty for 4ftor
th8fin&nwl trtai uy4bT4 k6y Stsff, ￿4Lts. orAU8gwJ fr8￿, nor*eomFd laws
gnd reguLtiti¢r
pl0￿dureS re￿￿¥? lott￿ and otthn aL*ltth￿eMC¢￿L7&$Utk1&]1tTh1 ffideaLwlstr aviyinwjn. Th8 rlskof
rKtdthrJJry 8 rrnllten￿ n￿ostal￿eDtre5U.'t￿)ffLrn X*CK* m, &e MEY kwol¥o cdlLWJn. fowery,
nDllor wrpo¥e cfwrBSÈlw •)¢Jthlon Ontheeffwx¥￿￿aIih2
InJsts8s,
CO[￿￿￿￿￿ ￿ 8prhOp￿ateN￿soIltre (*XK*m ￿01￿))￿0￿J￿n6, tTre a￿1￿0¥kI$￿e
eit￿r8 ￿n￿￿1ftlY ￿$19 fvtm8y(*6t*w.'fiw'.wthton I￿ d￿ty,& ab."Ity tr) rufrir.Lk8g 8
COn￿M Ilvt cwdude trata in rowltothe rdgted dI￿108￿re6 In
nancl81 or. ilsLth dtsckojw to are bas￿ or ths up
Eyaluqtets ovwau ￿nIB￿.1 L*ll￿f￿ar￿Ja iTrYthy (*￿0￿￿
W• wmmurir* vdth wth r•]ardW rn¥J (Atw rrth4 ts KiaY*J of ts &xll and siwWnt
authlflndiffjs. anyBlgnifiLantdetKiMaW h ￿ntr￿ fvtvRI(knthfydur¥rwJ DurasJL
u¥ olourre
Thls *pJrt Is SD18￿ kn th• th￿'S tnBmbers. 89 a FKxiyt iry 1M of the CFwile8 W 2011 wl8tron¥
utthrgeckn f64 ollhatk* Ow&ditth h* trO.wÈ li￿￿￿10 fh[￿ mgtterswe to
sEaLÈ b tsn In an 8udiio¢s syr. ohvr To tn2 fiAk4tst *knt &¥. nat a￿¥pl OT resrmybillty lo
8nyunb ¢kn¢rtr• chority¥nd thechariVSrn&n*￿OS alx*. a￿:. trIIAs rff furV￿o￿l￿10nswE xlve fomi
Ch￿stOph￿rWhllfjY-J0￿0B FCAl6onlDr
For L%￿fOr
PRB knntant8 I
Chwkr&J & tstytnryS￿0r
ngflsher HOUE
Heafft
West.?￿￿eX
RH17 7QX

Kangyur Rlnpoche Foundation
Stalernent of Financial Activities
(including IncLYne & Expenditure Account)
for the year ended 31 t)8￿b8T 2023
Unrestricted Restrlctod
Funds
Funds
2023
2023
Totsl
Funds
2023
Total
Funds
2022
Income
Voluntary income- drmalions
Investment incom8
Other resources incoming
1.766.220
4,631
21,120
1.766,22D
4,631
21,120
632,108
542
12,239
Total
1.791.971
1.791.971
844.889
Expondlture
Charitable activfties
Governance Costs
1,464,368
2.672
1.464,998
2.672
567,367
1,182
Total
1,467.040
1.467.670
568,549
Net income boforo other
racognised gains
324,931
{6301
324,301
76.340
Other recogni5ed gains I Ibssesl
Net movement in funds
324.931
16301
324301
76,340
Reconciliatlon of fund5
Totsl funds brought forward
1,843,746
11,881
1,855,627
1,779,287
Total funds carrled forwanl
2,168,677
11,251
2,179,928
1.855.627

THE KANGYUR RINPOGHE FOUNDATION
BALANCE SHEEf AT 31 DECEMBER 2023
2023
2023
2022
2022
nL*8S
FIXED ASSETS
Tangible 8s$ets
911,761
934546
CLIRREFn ASSErs
Ca6h at bank
1270 867
1,270,867
922,291
CURRENT LIABILITIES
Creditors dw in one year
2.700
1,210
NET CURRENT ASSETS
1,26B.167
921,081
ASSETS
1179.928
1.8SS,627
FUNDS
Unreslricled Funds
Re8trictsd res8rve5
Totsl Chayity Fund$
2.168.677
11.251
2.179,928
1,843,746
11.881
1,855,627
Approved by the Board or
TnJ8t8es and signed on Its
behalf by Mike Stead
dato..
1i-i0-Z4

Notfjs form'ng WLoflhe F￿e&l StstQr￿ts tsthpJwTwthJ 31 t)&￿￿￿2023
1 Accrrtrtng PollGI8B
Ill o1aGwur￿￿p
The ffnthg1a18ten￿￿ h8¥e be8n prepèred ￿ ar￿￿￿anL¥ **h 8￿fj Repvth￿ ty Chwimes.. 8t8t8n*nt
of Reccrnmend8d Pradc¢ a￿￿kab￿ to pr•r4trd Ihdr n aOXYdan￿ Fhanckl RwrtbYJ
app1v*b￿ inthl U.( RepublG of1rn￿ IFR5102;
The trLk%tse8 4SW8 •ath wr apwprkntr to pwre IhB on a crKthrn Tr
trugtees have ryjnduded that The Kwr Rlrwthe FrAK¥Jakn 18 • gdro oyK•m. T￿firt￿￿ st4t&nents ￿ve
been on E ge￿￿ tXYKErn b4sLs the assets val￿?￿rd1￿￿.
Its) Fund ￿COUnt￿Y4
. Lhreanc*d are aval￿￿ LWO ol the dknlon ofii• biwtee• l) ofts ger*rol 01
the
. Restdcbj are yJ)iethl b reswkjjm (m tsr tythe¢ornr orlhrough the lem)& ofan
Icl Incomo
Inwrne wMnth• Ita6 en•￿￿￿tr) wctsblg thotts Inr*ThvAII bo reofvEd
and thè bo
+ Wjniwy hwne Is re￿Ned by w of donaffiJn6 8rd IÈ hluded kn fidl Stalemurt of Flnqrd
A¢bvllÈs*tsn r6twaN&
. Donated aervkx 18C￿l￿ 8rg txxkled at the Wue kn the ¥there IN& ￿ te quantifW. Thg
Serv1￿ YO￿d￿d byVolu￿tsrd has ￿1 been in t￿￿e a￿X)unIS.
+1Th4è$th*rtlno)me is Th)cI￿led rttwvgbb.
* IrKonthg re5wrce5 frorn thaiil2bk tradirgac*¥ty 8rba(uurt￿ forvrtwi a￿.
Idl EXp￿d￿￿ra
EXp￿￿1t￿e ￿ rec¢4146￿ orY* a koal to rnake a pwneni ID a thlrrfpa￿,
rKobablE that5etU￿￿t*II be requ[￿ ar￿ thB atM¢nt otU* I*￿K￿
• chari13b￿ eXpÉntKt￿ Cottytbes Of￿ arKI for
118 benefrA8d88. 11 ￿C￿eS both o)sts th8t 12r. th*tyto 0th11È8 anj thole ¢x)8ts ot an ir*kect
luro t*L*SSaryto support Ihem.
. CONErllar￿ cvsts wmprlsèts
.Al w8t8 we alc¢8*d th& WerKIkn￿ &)FA w a t)w dÈ￿9￿d to r8f*dthè olthe
resource. Coatra rei8Ury lo • pctF¥tW Blkxated di•. olkn on an baws,
ag sat In Note 4.

l•} Fixed As80ts
FiKed asset$ Iexdudlr￿ inYestment$l ate stated al t4JSl W a(xxmMJl8ted derxeoabon. The costs of rnimr adlliliws
or those costing below £1.000 are not t¥[x1a￿s￿1. Dep￿(18tH￿ ts YO￿d￿j ai rntes 12kJJL8led to off the wst of
esth asset Over its expBthd u5eftd D'fe. Lase ol aTh1 estimatgJ at 50 Fats lon the
estlmated cost of buldngs comw￿￿ts}.
ve￿￿e5 are Stated at costwhith a￿ depredated over a perirxl of 5 ￿ar8 Cfi 8 8trah3M ITr ba￿5. The peri(x1 has
been iweased from 3 ￿tar$ in 20161ts refiect Ihe re￿dUal rthts ofvetrides
Computerequirxnent are stated at C05t*hKth 3rp fftra of3 ￿ar$ on a strawjrt basls.
In Forelgn curr
Monetary Bssets Bnd li2￿1￿￿8 In foreWJn tU￿8nd&S are tr￿￿ated irrto SterfThJ at rates 01èxd)8￿e njling 81 th8
balan￿ sheet date. Transaithuns in fOre￿n rAJrrenties are translaled into st*iro at the averag& exch8nGe r8te
during tF* period. Exchawe differerK*s are taken fftto a(*>)Lrf in arrr*ing al the ￿t Movement In fund8.
2 T4xqtlo
The FoUndat￿n k% a regl$tsred thanty 8Th1 *C￿rdir￿Jty B exempt fTLKn taxatw irKx)rne and gwns %+fiere they
are appli￿ for dwrkabk wo)osts.
3 Employeo
The FoUndat￿n is operated vL*Jntsry stair •*J no pawY￿rts a￿ madè lo them ewses inv￿￿ed In th8
executlon of thelrduties forthe Fou￿8￿0￿.
4 ExpBndlturn
Charftsb
all￿0110n Athty Go¥emw￿ 2023 Total 2022 Ti)IBI
Costs alloGatqd to
Donalvjns
subs￿le￿Ce, l¥js￿la1ty. travel
Propety t8xes
Property maintenan
Propertyd&pr&rialion
Veh￿￿ depretiallon
Dithonary proied and books
1.3LB.304
1.3(￿,304
8B,705
8.697
18.629
14.550
8235
453,630
62.262
11,664
33,849
14.550
8,235
tjre
r*re(t
tXret*
8.697
18,62Y
14,550
reGt
th'rect
Support ¢o¥ts èlwted to
actlvltl89
I[￿ Charilab
1CQ% Chaiitabki
Bank
Excharye I loahl
AGcountww lee
3,022
13.856
2.672
1,887
118,7391
1.182
13.856
Total
2.672
1.467.670
568,549

Nat Incomolorth•YeaY
Thb Is 3taled &fipr rknrgkng".
2023
>)22
D8prvLiaikn
Audttorti flo
22,785
2,6n
22,7È0
1,182
T4D9lbl? Fl*wl A8*
Lahd &
BUlb￿n
Al G(¢t orV4uaUon
pmwt
Vohkl••
1 J8￿￿y2023
Al*￿￿n#
Total
1,140.11D
1,OS9,
78.994
1140,110
Dopreoknllo
At I hrxjary 2023
ChAW loriho
To
205,￿ 1&8.030
46,054
228.349
Notbookvalue 31 Dw*mb•r 2023
911.761
24.7
Ntrtbookvaluo 31 DvAmb8r 2112Z
934,546
Tho Founthlbn IntrodM%d a derrilkn I￿￿ on b rKoFert*s kn Esikn8W tAad hwe b¥2
depreG￿tEd o%*r50yÈ8r8.
In 2016 beÈft a sh2red wrr*a80 89. 70, 71, 72) in the sth7) 01 £21,110
rew88enll￿9 19% DfltrE total Va￿9. 1i8W VIE a SoLa*é Cme IM[￿b￿?, 8 rKxFlrthg St￿￿lu
In Fran￿￿￿1h8 crf
A pr[￿￿a￿OIr1Th1 ottsrF¢OPertk¥ Fw*lknn 2018 19 hutse thè thryln
ihÉt$L4f of e571k

Y ¢rqthtorn'. Arnounts F•llkn# Or*Y
22
Audltl Eyfirnlr*8 Fae
1,210
Tel41
iThJ
8 Re8trf¢ted AGGounl•
Cltxlng
B•k8nc
In¢ornlrwJ Trnsl•rn 3111212D23
Op•mlngOalane•
0110112023
Oh6r (not %pHTatdy ideT*WI
11.8a1
11,251
Tota*
11
11,261
FIK8dAssql¥
CuyrentA88818
Cuff•nt Liabilltl
9￿.510
1,270.867
12.7001
11251
911.761
1,31D￿67
(2,7(X
Fund ai31.12.2023
1le8.877
11.251
117&928