2024-10-31-accounts

REGisfERED COMPANY NtJMBER: 01747301 (England and Wales) REGISTERED CHARITY NUMBER: 288380 Thickei Grove MaideDhe*l sth 4LW

tbe r Ended 31 teme for the Y R¢fereTrceand Admlnlstratfve Det Trnstee8' Retrt>rt 2 to 4 Independent EJamlner's Report ststemtnt of FiTrD¢lal Adiviti Bo]•nce Sheet 7 to 8 Notes to tht FI￿n￿lI Sttsthents 9 to 16

ver istrntive TRUSTEES RuFrt Bagilhole Jack Betteridg¢ David LAmt¢rt Jackie Lamb#t Hilary P￿e1 Gillian Rix John Skuse (resi￿ 16J24) John T4msitt Abi8ail R¢)ffjo]ds Roy Miller Petrr Hall Caroline Blease (resig￿] 9.3.24) Rotrrt Heavens {app)in￿ 13.4.24) COMPANY SECRETARY Guy Barlow REGISTERED OFFICE 28 B¢aum(ffit R(od Windsor Bethire SL4 IJP REGISTERED COl￿PANy NUMBER 01747301 (E*id 8Dd Wales) REGISTERED CHARITY 2883 INDEPENDENT EXAMINER lan S And￿￿1, Charte￿1 Account Thicket Grove SL6 4LW PRESIDENT Prof. R¢Sxt Van deN0c￿l CBE VICE.PRESIDENTS Mwk Edw￿th MBE Slr David Swhet CBE Page I

The trnstees who are also dIreC￿ of the charity f￿ the purpws of the Corntonies Act 2006, p￿ent their report with the fmanciai swements of the chartty for the year en(trAI 31 (ktober 2024. The t1￿￿tee5 have the provisions of Accounttiig and Reporting by (￿￿ILles. Statemeni of Reco￿ l¥actic¢ aFylicable to charities prewing their acc(K]nts in accordanc¢ with the FIr￿l¢la1 R4KMtmg stand￿ aFoli¢able in the UK and Re￿blIC of Ireland (FRS 102) {effective l January 2019). oR]E￿IvEs AND AcfiviTIFS Objectlves and alms Th¢ princirAI activities of the charity COAlinue to Ir to: . Protect the naturn] beauty of the River Tha￿￿ adjwt lands and builthn8s ofhist(ri¢ iDteT¢Yt . Promot¢ nature conservation - Support and Contribute to the efforts of otheroTganisations with similar interest in the riY¢r . Preserve and extend amenities whidh allow and akwur8ge the use of the rivu for all purp)ses Achievements 8Trd perform4ntt During the year th¢ So¢iety undertLW)k a range of ￿1VIti￿$ in 5upF￿ of w aims to ￿>t￿l and the Thames. We wotked with many other bfrjics, includit)8 the Envirornnent Agency. Pirt of L￿dC￿ Authoiity, Tham¢s P8th Pathership, Thames & London Wamays Fonun gnd th¢ Tham¢s Rivers TrusL the river. Social,cultsrnl and educational a¢tivities were org8niscd Our River continu¢d to monitor the Thames Path ond we maintained the length of river Ea]k we OWD near M￿lOw. Publ1¢ be￿ell¢ The Dire¢¢ors have taken nrte of the Chwity C¢mi&s1￿crs, guidgnce on Fwblic benefit by providing a range of taiks. disp1¥4ys, inforniation Stan￿ a quarterly rnagazllje and use of social media to infLYm the public on the ways the Society sofeguards the riv¢r. A large am¢JJnt of InfCTh￿]oft is given on Teqlle￿ to memtgrs of the public, broadcasting and educational bodies. We continue to make •mual awar& to individuals and org8ni5ations makll)g a gignific8 contribution to the river and give • to A f3nge of y(Ath, swung a￿1 enviroDTnental bcdie5.

FIDanci81 review The StsteTneni of Financial Activibes fw the year on page 6 sbows a net d¢fi¢it for the kniety of £943 (2023 n¢t sutylus £18,146). All of the funds rtt¢ived during the year were unrestrithl ffijnds aDd whieh COU￿ be us¢d to enable the charity to meet its running costs and io allow ts mJsree5 to utilise fimds for relevant clwithble purrrfkw. tkning the year th¢ trLLSt generatedthe following tTK4Jme' l) Donaticffls and sub5criptioA]s totalling £22,968 o(f23- £44,699) were raiwl 2) Income gener8ted the Thames Guardian rnag87ine and meTclJath sales tothUe)J £&778 (2023 . £11287). 3) Events realised incorne of £10,522 (2023 - £10,391). 4) Investsnent incimne in the fcm of bank & other interest totalkd £3,3rJ (2023 - £1,895). Th¢ ill(rnse its value of the COIF Units ￿ the Ch8rittes Ethical Investmeni Fund was £7,098 (2ff23-£515). The Thames GuaTdi8m inogazine realised a deficit of £5,776 12023 £3,674). The magaine his¢oric8lly made & swplug for use towards d)aritable activiliffj The downttm h&s follow￿ the impxt on Covid-19 and the economic ]rn￿( on such as advertising revenu¢ The DireLt(rfs ar¢ of the ￿iniOn that the publicati(ffl continues to Fwvide the iety with publicity and highlights Imp￿tan1 matters relevani to the obieds of the clJaTity. with the added advantsge that il saves the cost of a %parate memErtrs newsletter. tncluded in ¢h8ritable expenditiwe i% Q895 on a Brentf((d vol￿ Dartf(Yd C•mixi? Sea Scouts 8nd Notional Trails are Shown in n(rt¢ 5 to the financial #atem There were no movements in fL¥uJ 4ss¢ts in the yew. $8ve d4reciati￿ on exith8 &8sa& Howev￿. £7,152 w&% swl on rerAiTS and upkeep of the Cutterand Bot￿18 Bank. As at 31 (ktoE¢r2024 totsl 8enatwJ fuTrJs wwe £21A141 (2023. £217,084X all of which is wuestrict￿l fimds. Invutment ptrfonnan The ch4ri¢abl¢ cornpany's b&8i¢ investment objective ig to maintain th¢ Tal value of its inv¥knents and to mgximise in¢ome. In order to do this, the Ch￿Iry has inYesd surplus in the COIF Charities Ethical tnve51ment Fund Accumulation Units, with fi]rth￿ exLW ffijnds iing plxed in a ￿$llt a¢¢ount which 15 a 5Afe investment and 8ives a re8ortable rate of return. Reservw wtrllcy and golDg ¢oncern The charitable Company's n¢¢ deficit th¢ year end￿ 31 Cttoixr 2024 tOthll￿ £943 (2023 net Surpl￿$ £18,146. Thi9 includes an unrealis¢d surplus on r¢waiuatkon of investments of £.7.098. The b8lan¢e on the unr&8tri(thl fftcome at 31 OctoE¢r 2024 w&8 £216,141 (2023 £217,084). The¥¢ w&$ no bat8nce held on rutri(d funth. The Dire¢tors regularly review the reserves roli¢y. trAsed levels of expend1¢U￿ and inccrfne. and are a¢tively seeking ￿ make gTrnts ￿ Worthy irtdividua]s and or￿]SationS whith fall within the chari¢able company's remit. The policy 1$ to ensure unwed surplw fimds do not xcumulgtr whilst allowin8 f￿ risks to in¢thne flows ￿SUlting firsm dama8¢ to ￿PU￿]0￿ and the efferts of a severe re￿￿10￿ rrAJucing rnemberthip and d(￿atiOns. The Iuver Tham&s So¢i¢ty dces not intend to be a reseTves-ri¢h Ch￿ity and in any even( the S(Kiety's ¢WTent activities do nrt requi￿ this. Th¢ wider that thiuate r¢gources will continue to Ee avaiiable to fimd the artiv￿¢S of the &Ki¢ty fiv the for&seeable fiJtur¢ attd view th¢ cbwity as a8OID8 con¢aTL FUTURE PLANS The future aims of the Sc¢i&y are to ¢xteTrJ current ￿1vill4 (kv¢ky CAJU￿ti￿ w<rt Incre￿ our presence at river-relatsd events and supr￿ ]Dtsativ¢s of ￿efit to th¢ wi(kr rivtx community. STRucfuRE, GOVERNAI¥CE AND MANAGEMENT GoverniDg doeumen¢ The financial statements compty with the Charili¢s Act 2011. the C(kn[￿leS Act 2016 and the MernoraTKlum and Articles of As%ociati(wh. The have Jopted th¢ provisions of Acammiing and Rep)ItiDg by Charities.. Ststement of RecomJnen(kd PractiLZ applicable io charities their io with the Financia] Rwting Stsnthd lir2 (effective l J8nugry 2015).

rTham l>er 2 sTrucruRE, GOVERNANCE AND MANACEMENT Trnste¢ dIreet0￿ and other #ppolntmettts Th¢ trustee directors serving (n the River Thames S￿1#Y CoutKil ate showD on I. The Chairnwi of the COU￿11 is Peter FuKh. The President and Vice Presidcnts (whith are Don-d￿1p aNx)intmeDts) serve thretryear terms. The ye8r in which they ￿Come due for re<lection is publi5hrAI in exh yearfs notice of Annual General Meetin& The elective directors also serve three-year tetrns. The yeaT in which their tern￿ of offi¢e cx8¢ are pthlished in eA¢h yearfs notice of Annual Organlsatlon and struethre River Thames Society is a re￿ cknity •Jd is a register￿ ryxwwy limittsl by guaratr. The ¢ompany was Incor￿1?ted and i5 govern¢d by its memoranthlln and articles of a5XKiati(￿ dated 22 August 1983. The charity was regi5teTeAJ with the CIMrity cornmi55ion 23 j￿Uary 1984. mony years the &￿iety consisted of five bran¢h¢s covering the whol¢ of the riv# from the source to the sea. In 2022 two branches has c¢&sed to OF¢￿¢ inde￿iden[ty for a¢c(Mmiin8 puw. althougb there remain five brgnches for operational pwwe5. The S￿lery is governeAJ by 8 ew)cil. which ¢on%ists of the chair of eth branth 8nd memtrgrs ele¢¢ed forAi¢mi of offic¢ at eaL Annuol General Me¢ting by the me4nbets. Rlsk mn4gem¢n¢ The tNstees have a risk managemen¢ stratr8y which c(xnpriKs'. . an annual review of the prin¢ipai risks and unwtsinttes that the ¢hwity fw. - the estsblishment of Frt)licies. systems ¥nd ￿￿edureS ￿ mitigate those Tisks identified in the annual r¢view,' ond . the implementati¢)n of des1w￿j to minimise Cf nwJ88e P￿tI&l imw on the chariry should thos¢ risks materialise II¥DEPENDENT EXAMI]¥IER lan S Anders¢)n wa5 appinted In&P￿dent F￿amil￿r at the AnDua] Gemal Meeting. Approved by order of the bcwd of tru￿¢¢9 on 13 March 2fj25 and si￿ed on ts t￿￿1r by.. Guy Barlow. Secreiary Pag¢ 4

Inde Independent examlner's re￿rt to the trustef5 of River Thames Society Cthe Company,) I report to the charity on my eXami￿on of the xcoutrts of the Company forthe yeareThJed 31 lxxoF￿r 2024. Respon$ibilltles and basis of report As the charity'5 twstees of the CoM￿nY (atKI akn its diTtrttr5 f(Y th¢ purymxs of comp4lly law) Y￿ are responsible for the Fry8Mion of th¢ acc4)unts in ￿r￿8r￿¥ with the rfquimen¢s of the CLMDpatsi¢s Act 2(KhS Cthe Ace). Having satisfied rnyse]f that the accou￿ of the C￿￿nY are n( to be under Part 16 of the 2(M)6 Act and ar¢ eligibk for in¢kttnd¢nt examination, I re[￿N in resm of rny examitmtion of your charitys accounts as wried out under Section 145 of the ChaTiti¢s A¢t 2011 Cthe 2011 Arf). In Cd8ryiDg out my examitmtion I hav¢ followed the Directions given by the Charity C(xnmissi(ffi ￿der Section 145(5) (b) of th¢ 2011 A Independent ex4mlner's statemejt I have compl¢t¢d my examination. l eonfm that no matters have C{￿¢ w my attention ID conneAion wtth the examination giving me ¢wse to￿lIeve. accounting r￿)rdS were nLkwi in respxt of the Comkw as by Section 386 of th¢ Affj the accounts th nc accord with those T￿Ords. LY the accounts do not wnply with the ¥cwntin8 of se4t1￿￿ 396 of the Act othtt than any requirement that the p£counts give a trne aTrJ fair view which Is n(rt a matr considued a5 Part of an uthF¢TKknt examitwion. c the accounts hav¢ not prepHred in with th¢ mcthots gJ)d ￿incipleS of the Sw¢ment of Recommended Prxtice for acctxmling and tewrtin8 by charities (aM)licable to ¢hartlies PfEE>gring th¢w a¢￿Unts in accordan￿ with the Finan¢ial ReFQTtm8 Stythd appli￿le tn the UK alld Republic of Ireland IFRS 102)). I have no concerns and have come xross no othtr matier5 tn ¢onn¢ction with the ex8min*ion to whKh attention should be drawn itt this r¢kkn in Ord￿ ¢0 a)able a undcT5tandin8 of the to be r¢&ched. I I,LL_ Jan S Anders(￿ BA FCA FCCA lan S Artders(￿, Chartervj AccountaDt Greengarth Thicket Grove Maidenhead Berkshir¢ SL6 4LW 13 Morch 2￿25

2024 Totsl funds 21r23 ul￿estrICted fund fijnd fimds INCOME AND ENDOWMENTS FROM tk>nations and legacies 44,69) cxhertrad￿￿ athiviti¢8 Inv¢8¢ment income 19Ag) 3J73 21.7S3 1.895 3J73 Totsl 68,347 EXPENDITURE ON Raising fimds 19827 19A27 18,738 CharAtable acdvltles Charitable expenditstye 4445 M4U5 31.978 53072 5Q716 N¢t gaiDS on inveytrnents 515 NET INCOMEI(EXPENDITURE) 18.146 RECONCILIATION OF Fuf4DS Tots] fim¢ts Ixought forward 217,084 217,084 19&938 TOTAL FUNDS CARRIED FORWARD 21&141 217.084 Pag¢ 6

rTham 747 2024 Totsl funds 2023 Total finds fund FIXED ASSETS Tangible assets Inyesttnents 4,074 51,IkS1 4.311 43,963 10 S1.(J61 SS13S 5S135 48274 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 2,089 3.669 165,199 12 JJ25 15&032 1611k17 163.037 170,957 CREDITORS Amounts fallin8 due within year 13 031) oji) 12,147) NET CURRENT ASSEIS I61,￿6 161,(K 168.810 TOTAL ASSETS CURRÈNr LIABILITILS 21&141 21fi141 217,084 NET ASSETS 21&141 217,084 FUNDS UnT¢Stri¢ted fijnds 14 21&141 217,084 TOTAL FUNDS 21&141 217.084 Th¢ charitsble ¢ompany is ¢ntitl¢d to ex¢n]Frti(m frrm wjdil uThJer 4r1 of the Companie5 Aet 2{￿ for the year ended 31 (k¢(thr 2024. The memtrxrs have requird the company to oTrrtAtn ￿ audit of its fi08DciAI sta*ments ts the yeHr ended 31 ￿tOTr￿ 2024 in accfjrdu￿ with Section 476 of the Ccrfnpani&s Act 2(￿. Tr tnL8tees pthowledge their re4XNw￿ilIti¢S for (a) etwing that the charitable ¢4)mwry keqjs t￿OUnting Te¢ords that ¢(xnpty wtth Sect1th￿ 386 and 387 of the Compfinies Ad 2(M)6 and preparing f￿an¢]dI siatements which giv¢ a ttue and hir view of the state of affatrs of the charitxble company the end of ￿ch financial year and of its wlus or deficit f(Y e￿h fll￿￿ year ill accordance with the requirrments of S#ti(ms 394 and 395 and which otlKTWitr comp]y with th¢ r¢quiTements of th¢ Companies Act 2￿￿ relating io flnanci￿ ststements. so far &8 applicable to the dJaritabl¢ (b) continu￿1..

ntinu These fman¢ial statanents have been rrfepayed ID with the tmvisions a￿Al¢able to charitsble ¢ornpanies Subj￿ to the Small comFdnies regime. The flnanci￿ Stht¢n￿ts were 8pwoved by the Board of Tn￿￿¢$ and aUtrK¥]￿ for issue on 13 March 2025 and w¢¥e on its behalf by: Finch- Tr￿stee

rTha Notes Financial Sta rEDded 31 ber 21n4 ACCOUNTING POLICIES Bsis of prepArAtI The fmancia] stateMe￿ts of the Ch￿l￿b]e which is a wbliG benefit entity uth FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Acc(rtmling and Rewtill8 by Charities.. StatemeTrt of ReciHnrnended Practice applic4ble to charities preparll￿ their accounts in aCC(rd￿ with the Financial Rep)rtuig Sw)danl applicable in the UK 8nd Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 Tr Financial R￿￿)8 Stsndard applicable ID the UK and Rwb]ic of Ir¢iand' atld the Compnies Act 2(MkS. The finwKial statements have prepaTed under the hisioricai CL nVentiO￿ with the ¢xceFrtion of invuknents which aTC in¢luthd a¢ n)aTkd vah￿. as M￿J]fie)j by the revaluati of certain w¢ts. Th¢ a￿KInts ate prtpared on the cortcern b&sis. Whilst Covid.19 did restrict certain activities, the tee4irectors do no¢ b¢]ieve that thi4 Br¢xit and the Ukraine war, Iw impacted on the going conc¢m basis. Income All income 1$ recognised in the Ststement of Financial Activiti¢S Or￿ the charity h&% ULtit]ement to the fijnds, it is Pro￿ble the in¢ome will rex¢ivuJ and th¢ wnounl can ￿ m¢&swrd ￿lIablY. For l¢gacies. entttlemeni is ￿ke￿ Is the earlier of.. - the date on whi¢h the charity is awarr that has bwi - the eslale h&% been finalisa and notification has beth m by the eX￿￿rf$) to the Trust that a disthl)ution will be mad¢. or . when a distri1￿ is r¢¢¢ivoJ from the estht¢. Donated Services and f¥ilities are reco￿lIsed as inc(rfne when the chty has control over the item. On rec¢ii donated Servi￿ and facilities are rwi5ed on the b&8is of th¢ value of the gift to the chwity and correS￿l￿ding amount is reco8nis¢d in ¢XFaith. Expendlture Liabilities ¥Te recognised as ¢xpendith &8 500n as thett 15 a le881 w construetive obligation committing the charity to that exwjdittry it is pmbHbk that 4 rraTh8fer of ¢¢rnomic ttnefits will be required in settlement and the amount of the 0bli8atic￿ can ￿ measured reliably. Ex￿dIt￿re is Acc(u)t￿l for on an wuals basis and h&8 be￿ classified UTKler headings that agg￿gate ￿1 r¢latrd to the categcry. costs c4m)ot be dirtty attributed to particular heldings they have bea) dlocate<l to xtivities on a trAsis co￿lS1cnt with the use of Costs of G¢netatin8 Fund5 . Fundraising costs rely￿1 the of rnising funib and include the costs of annual fijndraising dinners and events Jnd relevant thinisiration cos Irre￿ver8bIe VAT . VAT is thwg¢d to the Ststanent of Financial Adivitias in the period iti which tt 8xis Charitable expendith . awilable exF¢tidiwre com&Yises the costs of canying out the Society'$ Activities and in¢ludes the cc6ts of rycthciDgthe Thomes Guardian maga7ineand dwitsble C•)tral athnitiisiration costs Iiot directly attnbutable to any particular activity we sprwj ¢q￿lty bettween fi￿d[aiSing and wbli¢ity and ch￿Ilable expenditure. Governance ¢osts are split iii prclknic￿ io di￿ costs in a similarmanDer. Grants offered subject to Colldltio￿ which have not at the yetr end date are n(ed &s a coTnmitin￿t but n(A accnjed as ¢xr¢nditute. Tangiblt fixed assets Deprwiktion is provided at the following annual rate5 in (xder to off each asset ove¥ its &%ttmated useful life. Free*Lold pro P8ge 9

N t&stotheF' Ststements. 31 October li￿lled ACCOi]f4TING POLICIES- eonthiued Tangfible thed ￿ets Equipment Cutter . & vaTiable rthcingFAlan(t Stock Stocks are vabjed at the iowv of ￿51 rtet re￿iSab￿ valu4 after making due allowance f￿ obsolete and slow ovtng items. T&xatlo Fund ¢countlng Unrestricted funds ¢an be in xcordanc¢ with the ch￿1t￿bk obitttiv¢s at the dtscretiOD of the tn￿e￿. R&%tricted funds onty be us¢d fcr pwticular restric￿1 pWPo￿ within the obpcts of the rtharity. Restridions arise when specified by the donoT OT when Are raised f(Y Wilwiorrutiicted purym Further explanation of the n&turt and puryw ofeath fund is in th¢ Dcrtes ￿ the financial s¢atements. Debton Trade and other deiors aTe Twised at the settl￿trIt amount after any di￿Ullt offered Prepayments are V￿Ued at the amount pryvj 4ftertakin8 ￿￿nt of any tr&Je dIsco￿ts th￿. Ca$h In hand C&8h at bank and ca8h in hand includ&s cash and short terni highly liquid inve5th1ents with a shc<( mthwity of thr¢¢ month5 or less fr(fft th¢ dBte of wisioon or openui¥ of the deE￿it (Y Similar accounL Investments Listed Investments aye valued at m#rk# yo￿e. ]nves¢ment Income is Jt of any unT¢¢]oiJthle tsx ¢￿J1￿. DONATIONS AND LEGACIES 2023 tknnations Giftwd SubscriFi(Mis 2,704 1&7(A) 2.912 17,983 21968 44,699 lknnations in 2023 inclutsa £USCKI ￿e1ved fr(ffrt the Thame9 Hffifage Th Page 10 coniinued..

River inaDciI SI ents-co 2W24 2023 Evertts Salc of merchandise 1ffj522 10.391 597 10,69) 75 Cmher in¢ome- cutter 19) 19.4 21,753 2024 2023 Deposit account intwest 3396 77 1.823 72 3J73 1,895 GRANTS PAYABLE 2024 2023 Charitabl¢ expenditiue 5,51)0 The total grortts ￿ld ￿ In#in￿S thjringthe yearwas follows: 2024 2023 Kingston MVS Wild Marlow Dartford Cambria Sea Scouts Br¢ntford Voice Nationa] Trails 500 5,500 NET INCOMFJ(EXPENDITURE) The alM)ve in¢lud&8 the following ¢lw8 2024 2023 IDdep¢ndent examinevs fee5 Depreciation of fLxed &53¢ts 12CK) 238 1,080 340 Governgnc¢ costs totslled £1.727 refifA#ing the c4)sts of AGM and tru5t¢e mtttin&s, accwitancy and tsxation support and inde￿dent examination. These w5ts have wually betweem the two ¢XFnditure categcries detsikd iD the Stat￿ent of Financial A￿l¥It1& In addition to the financiai trdn%actioDS, the DtreLtots wish to thowledge the c4)Trsida7bk amount of time giv￿ voluntsrity by memkn toward% the w¢xk of the &Kiety. Pagell continud..

River Thameg the Finan I Ststements- 31 October 2024 tinued TRUSTEES, REMUNERATION Af4D BENEFITS There were no tnth. remun#*iffl or (Akn i￿efits fty the year enthd 31 October 2(r24 n(ff the year ¢nded 31 Octot¢r21Y23. There w¢r¢ no exp￿￿3 pvj fty the year e4Mk4J 31 (ktoixr 2￿24 DLY f(ff the ye4T ended 31 Octottr 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIFS Unrestricted Restricted find fi￿d INCOME AND ENDOWMEIYTS FROM DOnati{M￿ and legacies 44.6 Other trading activities IDvesknent incl￿¢ 21.753 1.895 21.753 1.895 Total 68.347 64347 EXPENDITURE ON Raising fund5 1&738 1 &738 ChAritsble actlvltl¢J Charithbl¢ expenditure 31.978 31,978 Total 50,716 50.716 515 515 NET INCOME 11146 1&146 RECONCILIATION OF FUNDS Total fimd5 bro￿11 forward 198,938 19&938 TOTAL FUNDS CARRtED FORWARD 217.084 217.084 P8ge 12 ¢ontinud..

teJDents- r 2024 tiDved TANGIBLE FIXED A&SETS Fre¢hold Ewipment Totsls COST At l NovemEtr 2023 and 31 October 21r24 T27 111621 14ffj56 DEPRECIATION At l NovemEr 2023 Charg¢ forye3r 9,037 237 iOJ45 237 At 31 octob￿2024 9274 10,582 NET BOOK VALUE Ai 31 October 2024 In7 lJ47 4,074 At 31 Octobtr 2023 2.r27 1.584 4,311 FIXED ASSET INVL8TMENTS COIF Ethi¢&l Inv￿lMent Fund MARKET VALUE At S November 2W23 RevaiuiotL% A¢ 31 O¢tolxr 2￿ 51,061 NET BOOK VALUE At 31 Ortob¢r 2024 51,061 At 31 OL%ober 2¢r23 43,963 There were no inve5tmwit ￿￿ets outside the UK. Co8tor Valuati￿ at 31 Octoiw 2ff24 is TeweMted by. cotF Ethiul Investment Fund Va]uation in 2024 Va]uation in 2023 Valuation in 2022 Valuation in 2021 Valuation in 2020 516 {3.0￿) &416 20.954 17,120 51,061 Py13 continueiL..

mes Soc tatements- con io. FIXED ASSET INVLSTMENfs. eontinlled Fixed asset investments is represented by 9,632.30 cotF chariti￿ Ethical Investsneni Fund Accumulation Units pur¢h&%ed £17.120 on 6 Sept¢mb¢T 2012. By the year to 31 (ktthr 2020 there had a net increase in value of £20,954. with a fjjrther increase TD 2021 of £&416 and a it) 2022 of £3.043. There wa5 a m￿leS1 recovery in the year to 311kn)lr 2023 with an increase in vah of £516 with 4 substantial increase in 2024 of £7,098. As at 310th2024 the overall Yah￿ st(￿￿ at £51,&51. 11. STOCKS 21n4 2023 Merchandise forttsale 2.089 12. DEBTOIiS: AMOUNTS FALLING DUE wfTHIN ONE YEAR 2023 1525 3.669 CREDITOILS: AMouKfs FALLINC DUE W￿H1N ONE YEAR 2023 Ac¢nwb and def￿￿9 inuxne 1031 2,147 I& MOVEME￿ IN FUNDS At movement Al 31.1024 Unrestrteted fund$ General (￿d 217,￿4 (943) 210,141 TOTAL FUNDS 217,1 (943) 21A141 Net mov¢ment in fiu￿ inclthd in th¢ above we as follows: ITK(*nin8 I0￿e5 in funds UTrrcstTided fundg General ￿nd 4WI (SSN2) (53.8f2) (943) Page 14 continue¢l..

nthiucd f rthey MOVEMENf IN FUNtAS. ¢wtID￿ed Comparatives for woven)ent SD funds Net movement in funds At At 31.1023 Ure8tri¢ted funds General fimd 198,938 1&146 217.084 TOTAL FUNlkS 198,938 1&146 217.084 ComFrtive net movement iti fvnds inchthl in the ak￿ye ore &8 follows: Movement in fi￿d£ UDrestrl¢tsd fvttd$ General fund 68,347 (50.716) 515 18.146 TOTAL FUNDS 6&347 ($0,716) 515 18.146 A year 12 ￿￿th$ pri(f year 12 months c4JmbiDe4J FWIt1￿ is a5 follo Net movemart in fiu)(b Ai At 31.1024 Unres¢rkted fund 19&938 17.203 216,141 TOTAL FUNIKg 198,938 17,203 216.141 A current year 12 and pri( yew 12 m￿lthS c(rfnbineA net movaDent in fimd% Includ￿ in the above art follows- In¢omin8 Gaing and Movement in fund5 exr*nded Unr¢4trleted Genernl fimd 114.178 (104.588) 7.613 17203 TOTAL FUNDS 114,178 (104.588) 7.613 17203 The net movement in fi￿dS a5 thown on FW 6 &8 rwunEd by the Ststem¢ttt of Rwnmended Practice is a deficit of £943 (2￿23 -swplus £18,1461 The deficit (2023 sWpI￿8} foT ComFwies Act 21M)6 purposes is £8.(MI (2022. stllpI￿S £17,631) reflecting the amowlt before the unreaw gain revaluation of investments. Ther¢ no Restri(tsl Funds arismg in theyear. Page 15 conttnued..

Tham Noks Finaneial State ded 31 ts- eonti I& MOVEMENT IN FUM>S. contiDved The UnrestrictfAI Futth consist of Bra￿h ar¥J He￿￿t#S. Futtth s￿ph￿([￿fiCl ) 31.10.23 Transfus 31.10.24 ftythe year Branch Fund5 1110 5.797 2J52 23 2,110 6206 2.429 (26) Middle Tham¢s Teiklingtonlold Wmd UpF¢r Tid¢way Central Tideway & (49) Branches Totsl Headquaffers. Centrnj Revaluation Re8eTve 10282 179,958 437 (&478) 10.719 171,480 Ilusuath to difficultie5 retsining banking friliti6s at reasonthle cosL in 2if£2 UpF¢r Tideway and Central Tideway & Esw closed their bank WLounts with the fijnds being transf¢ff¢d to Centr#l. of £188 and £1,055 5pectively..Suth funds fft earmark￿ for these bT)nches future ￿￿e, hence the £26 deficit above f(v Upper Tid¢way has been ¢overed by the If(Y￿ld £188. Norwithstanding the arrang¢meni bcrth ¢otitinue to exist Is CAPITAL COM￿￿T￿ENrS At 31 O¢tober 2024 the ¢rniwAy hJ authryised and ¢Olltra￿ ft capitsl eXFendti￿ of £Nil (2023 £NiD. I& RELATED PARTY DISCiDSURES There were no r¢iatd tranwtions for th¢year ajded 31 Octob# 21)24. 17. LEGAL STATUS OF THE CHARITABLE COMPANY The s￿lery is a wmpany limited by guam¢¢e and docs not hav¢ i sljare capityl. M4xJbers have guar￿￿1 contributions of an amouni nrt exc¢eiltn8 £1 to the tssets of the S(Kiety in the event of its di5$01ution. The totsl number of mernbers at 31 I￿10￿r 21Y24 w&8 87112023 - 888) rerKesenling 489 indiv1th￿S (tncluding 28 life members), 320 families (including 7 lifr membeT5bip). 2 5tudent8 44 ¢lllbs and 16 ¢iNwate organisations. Page 16