REGISTERED (..0￿1PAN1' NUMBER: 02448785 (Englan(l ai)d Il'ales)
REGISTERED CHARITI, NIINIBER: 802188
Report of the Trustees and
Fi114?llciiil .Siatenienls for the Year Tr:nded 315t fvlgrch 2024
(or
The Loddoi) Foiiii(lalion Ltd

The Loddon Foundation Ltd
Contents of the Fiiiaiicial Slalenients
(or the I'eA)r Ln<le(13 Isl N.IArch 2024
Pa¥e
Report of the Triistees
Report of tlie IJ)clei)endent Au(litors
Stiiteiiieiit of Fin#nei#l Activities
16
Baliinct Sheet
C#$h Flow Stiilenient
18
Notes to the C.'Msl) Tr"loiv %tatemeiit
Notes lo tho fi in#ni iiil St#teJnents
20 10 31
Detyiled .Stulenieiit of *"inAncial Actii'ities
32 to 33

The Lo(Idon Foui)d.qlion Ltd
Reporl of the Ti-ustees
for the Year Ended 31st Nlareh 2024
I'he Tru.qte¢s ol- The Luddon Fouiidation l.td prLscnt tlieir aiiiiiial reporl <ind 11udilcd a¢¢oiinls lor thc ye41r ei)ded 31 MarLII
2024 ¢ind uonl Irm tl)al they coinply witli tlie rciiiiireinenis ol- the Cl)ariliLs Act 201 I, as 11 11)endLd by the C.oinpaiiies Aul 2006:
th¢ Memoi'andum ancl Articles ol. ASSOCiiltioii an(1 ihc (-hcirities Staleilleiil of KL'¥omtnL'iided Pr(ILlici' (SORP) (FRS102) 2019.
Striicture, Governance Managemenl
Governing Document
The l.oddoii Fulindcltion is a comp<illy liniile(I by giiarll iiiee ¢ll)d governLd by its fvleinorandiiin i( lid Articles of Associiilion
dated 4 1)eceinber 1989, as anicnded on 8 Jiine 2013. It is regislercd 415 a Charity willi tlie Ch¢irily Coininissioners. -Ihe
niciiibers have agi'eed to coiili'ibllte a m1< XIIIILin) of £ 100 each iii the eveiil of Ihc Coinpaiiy wiiidii)g lip. Tl)e Iiiiniber of
meinbers is Liiiliinilod. l-1)e Compclliy Directors ai'c 4ilso Ti'uslc¢'s of the c.harity and Govei'iiors uf Ilic scliool.
Appointment of I'rustees
li lias <ilwa)'s beeii Ilie pulicy that ¢111 ni¢n)bei's are 'l-riislees, Directoi's aiid Goveriiors ot the sclio()l -I'l)ere lire iiu oilier
Direcl()rs, TrLislees 01- Governors . All Ilie Dii'eLlors, -l-I'uslees <in(I goveriic)rs l)eiiLclortl) <1re I'elerred i(1 1( s Ti'iislee%i 415 delaile(I
oil Ilie refcreiice 4Triid admiiiislralive delai15, sei'ved IhroiiglioLiI Ilie yC1< r unless oili¢rwisc staled. Tlie Board l)as pO￿.C1. lo
appoii)l addili()Il<il TriisieLS it il Loi)siders fil lo do so.
NLIV Triisle¢'s 1<1'e sclccted based on their spevialist kno¥vlLdge e.g. leachiiig, Lai'e. financial, legal, IT, iiiedical
¢xpenisi,¥XPLrieiice willi childreii and 41(liilis iviih sev¢rL challL'I)ging beliavioiir iin(I IL¢1rning dirri¢iiliiLS. Ti'L151e¢s ar¢
rLLriiiled Il)I'OLibh lielivoi'kinbi of ¢iirr¢iil 'l'i'iislecs %lnd thL' 1iiler41¢1ioiis the Chill'ily h11 s with Il)¢ Ioccil ¢omiMiiiiily. 'fivo Iriisl¥es
h4ive I'e5ignL'(I t'roni Ilie Lh<irily Iliis yecif? Iiiid ivL have ¥¥'elcoincd thri¢ mvrL.
Trustee liidiiction An(1 I'raining
Prospeciivc 'l-r1151ees £irc ii)vil¢d lo visit the Siliool, wl)ere IIILY can meet kcy eillpli)yees, IhL cliildi'cii 1¢ lid oilier I'1'Lisi¢es.
)1'()5pcclive Trustees are providL.d ¥%'iil) inl()1'1111¢ lii)111<1)(>LiI Ilie pliilosDphy ol. IhL C.l)arily alviigj ¥%'ith delc)i15 aboiil Il)e clLCI'eililcd
Ir<iiliili&l il)<il is delivered iialioiiiilly lind pi'on)Olc'5 Ilie i)liilc)sopliy iiiid iipproaLhLs of IliL ('.l)i¢ rily.
Tl)c 'l'riistecs l)ave c)ii-uioiiibi Irilillil)g', aiid reeeivc adclilioiiiil iiilvrn)alii)ii ivhi¢h 15 cirL'iilillcd 475 IlViiilc?ble fi'uin Il)c ('.liaril}'
("oiniiiissioii. TrLisices ari. iiiviled i() alleiid Irainii)& deliv¢red by Loddi)i) Trainiiig IIIL exlLri)al Ir<iiiiiiig divisioii ol. Il)e
c1)￿rIty. T1i05¢ i¥'ho do allcild lii)d Ilicse sessions Inc)sl Li8efLII.
TriislL¢s Ineei Laili year Nviil) the %vhole senior ieain lo enga&FQ in Il)L annual StralLgyjc l)laniiiiig proLess.
Orgiinis#tion
'I'he Boai'd of Ti'ii8te15. Ivhicli i))IlSl coiiiprise Df 47 mininiiiiii of .1 i)i¢inbci's, &l(ImiiiisiLrs IhL. Ch4iril}' InLcl cil li.
ye411'. Tl)i 'l'riistees fliifil Ilie rolc of IliL. I)I'opi'ielori1¢ l Bncly lor IhL' Scliool ic n<1 (Il'c SLibjccl lo reg7islrcilioii b), Ofsled,
Tlie B()11 rd of Tru.slees li¢ive l)(Id it) pliice foiir siibci)miiiilt¢es lo facililclte their oiigoiiibj ￿01'L. These siibconiijiitlees, aloiig
'ith tl)Lir k-ey respoiisibililics <1re'.
innnee, H R, Esti?tes An(1 IT
F.iisiirL II)iTrl bLidgetS 1( re dLvcloped ciiid Inoniloreil:
.Qpprove iiivesli))ei)I propiisc11s;
Nloiiilor Ilie t£iLililies probFI'(11))S £iiid He41111141iid Salely:
Li)siire tli<11 Ilie ('l)aril)' Lllectivel). 1111¢ 1)agLS £ll)d reii¢1rds slcill.: ¢lnd
.4dvi5L on develoiiing tli¢ 11. siriilegj for tlie SLI)ool.
Philosopliyi Eiliicatioi), C.'Are And Tj-ainiiig
F.nsiire Ihal IhL Q.haritV iiilaii)s ils foLii.s 01) tlie iinclLI'l)'ing philosoph! of i)osilivL' approciilii's;
Nlonitor the ciii'i'iciila iisiil witl)in the L hdi'itj to ensiii'e Ih4it IheN' al'e Ic ligFnLd to IIIL pliilosopli>' <iiicI api)roaches of
PROACT.SCllJr-IIK@': I lid
L-I)SLirii)g ihe Schoiil kLCPS the .8tiiilenls ii-iihiii 115 ¢Lire S¢ife 1< lid coiiiplies iviih Il)¢ l-Llcvai)t Scltegii<irdiiig Le¥)isl¢l1ioii

The Lo(Idon Foundation Ltd
Rei>ort of the Triistees
for the YeAr Ended 3 Ist1¥l%rch 2024
Loildon"I'raining (LT) l Traiiiing OutreAcl)
ProN'ide Strategic direclioi) lo Loddoii Tr¥1il)ing sucli that the Pliilusophi¢s of the 5cliool, Ilie PLLllSS @ LLirri¢iiluiT)
and praLtical l< pplicic tioii of PRO,4C'T-S(.'IPr-lJK@ is spread as ividely IliroiighoLlt IliL IJK aq possiblL,' ar)d
C)vei'see th¢ riinninb ol. IIIL OLilr¢'ii¢l) progr<lmm¢ ivhicl) is siippoi.ls l¢a¢liei'.£ 11 lid schools ivhu speci<ilise in 5P¢Cii¢ I
e(Iiicalion nL¢ds in th¢. UK.
Governnnee #nd Qiiiilit). ￿lanagement
Ricrllltinenl, tric iiiing aiid nioiiiloring uf 'l-rii.8tees'
Rewiem, oft- governRnce dociiinenls lo eiisiire ihclt they are lip to dale,.
Review of tli¢ 5cliools' Qii<ilil}' Maiiageineiit System <1nd ensur¢ compliaiice iviih ISO 9001. aiid
laiiilaii) the Trlislees Risk Ilc'gi51er.
"riii -1 riistccs ivork closely iviili Il)e Chill'ily Lc41dersl)ip I'L'¢ini, via Ihe SLibcoinniitl¢es. to en.siire Il)at th¢ ¢iiliiS aild objectiv¢ ot.
Ilie ('harilyi s agreed by ilie TrLlStccs, are inipleineiilecl thiougli Ihe orgaiiisalion.
Tlic Cli1¢ rily Leadership Teilln Ilirreiiily coinprises Il)e LL)ddoii Scl)i)ol Pi'iii¥ipal, Ilie Direclnr ol. Loddi)ii Tr£iiiiiiig, ViLe
PI'iiiLlI)al (Registered Carc Managjer), He4ld ol- Finance ai)d C.'OllllJl< iiy Sccrelary aiid Ili¢ Dir¢¥tor of FILiiiian Resoiirces.
The I'einaii)ii)g siall. are eii)plL)yed in Il)e S¢l)ool lo provide Lar¢, ediicalion. Ii'ainii)&. support or as Ii'aiiiers toi. Lodduii
Trainiiig. 'I'he Loddoi) Fo(Iiiddti¢)ii is ii()I dLPLiideiii iipon Ihe scrvice ol. 111)paid voliinlLLrs.
Tlie C.l)¢irity l.eiidersliip 'Teiini form¢ill)' rcport lo Ihe l-l'iisiees al the regyiil¢ll' Ti-lislees, meelii)gs bill ¢ilso meet i¥'iih sin(Illei'
gr()LIP5 of'i'i'iisiecs lo disciiss Oli-gJDjI)gJ niiltl¢r5 <iiid lo sh1< I'e iiilorinic lioii, lis iieeded.
Tl)e I'1'iist¢C5 Jllend e￿.e5)I.5 diiriiig Ilie ye¢ll' 111 Ni'liich childi'en aiid P£ireiils Ii'()i)i ihe School l¢ikc i)i)rty illl(1 visit Ilie SLI)cTrol
beliveeii i)ILcliiigis. 'I'lie}' ulleiid soiii¢ i)l-Ihe Ir<iil)iiigi e¥'Liils prL5ciiled by l.,i)diti)i) -l-iiiiiiiigi Éiloiigi Iviili the ¢ll)11(l<il c()iifcr¢iice.
Reiiiuiierxtion of Key ￿1￿11￿￿ellienI Personiiel
i)iark¢l and Il)0.8e eiiipli))'L'(l iii SpeLi<il Silioi)Is, Resp()i)sibil ily l()r ren)LIIICI'211ioii elscii'liei'e in the Llijc I'lly is Ilele&?alecl i() Ilie
('.liarily IcadLI'sI)ip leaiii ivl)() £ipply Ilie .qai))I i)riiiLiples. Illl <ll)Iioii)IIiiLI)l.% aiid pa), IllLrLases for Iliose Lari)iiigi oi'cr £35,oon
per aiiniiii) are appr()¥'td by tli¢ l.'iiian¢e arid 1111 LomiT)illc¥ on l)el)all'of Ihe IrLI.%lees.
Relate(I Pnrty RelAlioiishii)$
Thl cli?< rity cover.8 iill the costs ¢lS.%OCl¥ilid with the Ircldeiii¢1rking? Ic l)d ￿1r.5 M C.oi'i)i¢k MBE ILf¥lV¢S 110 P¢l)'iiieiil foi. Ih¢' IISL Dr
(hc li ¢ideiiic11'k. I'hL boai'd i)f -I'i'iiqiecs hic v¥ re￿,1¢15'¢d this iifi'¢iiigeiiiciil 7¢ nd (ire coiilideiil Ilial iliis coiiliiiiiLs lo be iii th¢ best
iiilei'L'sls of the chai'il),.
PRO,4C"I'_S('I PI'_UK@ ig the re8lStered Iriiileiiiiirk of fvlrs Nl C,uriiick ￿lBE. Tlie C.l)¢irily iise.s rliis 11.11 IIciiic)rk Lll)dei' Iic¥iicL'.
I'lie CIIiL I'itv cover4 all the LOS15 ¢15S()ciated ii'iil) Il)e traileiiiiirkilil￿ jll)d ￿IrS N I Coi'iiiLk ￿l￿F. reLLIVeS IlQ P47)'nieiil foi. the u.%e i)I'
Ihe li iidciii¢irk. 'I'IIL' Boi£ rd ot 'l'rLlStees have revie¥vcd Il)i.q rriiiig?eiiieiil 11 lid Are coiifideiil that this ¢onliiiiiL's 1() be iii Ilie bcsl
ii)terests of Ilie Cli¢1rity.
Qudlif}'ing Third PA rty Inileniiiil), Prnvisions
ol. ils l-I'iislLLs duriiigJ ihL pei'iod. 'Fli¢se iiio¥'isioi)s I'en)clll) iii forLe £lt tlie repoi'iingy date.

The Loddon FounclAtion Lt(I
Report of the Trusttes
for the l'ear Ended 31st fvIArch 2024
SI"RATEGIC: REPORT
Objeclives and Aetivities
Our Ainis
The objects ol- Ihc C.liarity 41re the edLILatioii, Irealmeni and Lar¢ of persons wilh learning di5<1bililies. Iii liddilioii. the C.'hai'ily
lias a l'ange ol- powers ivliiLh inLliid¢ dis.qeiyiinalion vl- good IiracliLL and lo provid¢ Iraiiiing. leciiirLs and ioi)ferenLeS bath
nationally ai)d inlLrndlivn<illy.
The C.harit>' achieves these ihroiigh tw'o princip<il activities.. A School which provides ediicll lion and Cclre for 30 cl)ildi'en ￿2nd
the provision of traiiiing coiirses lor Dther schools, residential, sei'vices ciiid siippurtin¥ liviiig selliiigs lioin the sliilLItury,
priv<ile or voliiiili1ry sectors iiho support cliildrei) Ilndlor adults, Iliioiigli L(Iddoii Ti'¢linin¥. Tlie C.h1c rily 41150 piovides Outreacli
sei'vices wiiljin Ihe UK ¢1nd interiialioiially throiigli Ilie provi5ioii of Iraii)iiig aiid support lo iiicllide a sii)<ill on-goii)g
prc)graiiini¢ iii £aiiibia.
Oui. Ai)pi'oxcli
'lie Lc)ddc)11 Fouildalion l.ld conliniies (i) provide spccialisl ediieiilioii (ind liigli qiialily residenliRI care fi)r cliil(Ireii iviih
Ititisiii, prolound ciiid Loiilplex leari)ing disabilities ill)d sever¢ ch¥lllei)gyji)g beli<ivioiir. Tl)L. Schoi)l is cc)iiimillcd EO ei)abl iiig
liildrcii lo parlicipliie ii) Ilie lile ol. Ilie Loi))ii)111)ily ivh¢rcver possible aiid iiiih ivhillevcr siipporl is iiecdcd. Tlie cl)ildreii all
deii)01)slrate bel)avioiirs of Loi)cerii wliiLli IiavL sevei'ely rLslriLled Ilieir opporl(Iiiilie5 COI)11)arLd iviih cl)ildr¢n iii iiiaii).slreain
schools (ind Ilier¥tore need a 24-lioiir iLII'I'ICLIILlI)) lo pr()vidL niaxiniLIIII Slipporl lo Il)¢in and Ilieii. laii)ili¢s.
'rhL l.Liddoii I'oiiiiilalioi) bases il% (llllll'oacli iii 'PI)silivL Llehiivioiir Slipport, ¢in(I 'iion-aversiv¢' approHLhes Ic> b¢l)avioiii'
siippoi1 wiihin th¢ philosoph> tind prsi¢li¢e of l)RQA(".T'.SC'IPI'.IIKab uiid Il)¥ l)LI.USSW Liii'i'iciiliiiii boih devel<)pecl by Ihe
('lic11'11}' <in(l iinplenieiileil wiiliin Ilie School <l1)d diss¢niiniilLd Ihi'oiigl) l.oddon Tr(iiniiig. I'hese Kippfoiiches (Irc Iinder5100d cind
reLo&pnised by ()fsted (111(I Ioc<11 aiiil)oriiics {Ivho p(iy lees tur children lo be piipi15 iii ihL. Sclioi)11.
Usiiig PR(.')IK('.'I-.S('IPr-LIKIEI iiiid PLI,USS@ Ic S thc phil(15c)phy 1¢ lid ¢ipproacli, the S¢li()ol scs Ils pr1( Lli¢L iii peis()l)iiliscd
e(liicalioii kiiid LarL' lo ensui'e L'41¢1i Lhild's prc)grk)rt)IiiL siipporl% the iieeds ol. Ihal cliild. 'I'lIL ediiL<ilii)n ul. IhL cliild 15 buili
ex£11nple, leuriiiiig> to di'ess aiid iiii(Ircss 1.8 lelll'iil iii Ilie ¢liild'.8 bedi'ooii) or si%'iiiiii)iiig i)ool conii)lex iiiid ¢1clivilics ¢ire 4cleclcLI
lo ensiii'¢ PT¢P4iiilioii l()r k)diili lile iviih 1¢ tocus (Iii c()iiiinu111¢1¢ lioii sk'ills, clii)iee, sL)Lial sk'ills ¢ll)d b¢li¢lVIOLlI' sLippoI'I.
-l-raiisilion plaiiiiii)g pl¢lyS 41n ii)Ipoi'lc1111 Piirl in the ediiLali()n ol. plipils ivhen IIIL'Y reaili 14
Tlic Loddi)n Foiiiidcilion provides to Lxleri)al orgianis<ilions Iril11)ingi ivliieli is iLrlif1¢1c led by Ilild A(.'T (Briligli Iiisliliilc ol,
,Ii'i)ing Disi¢ bililiLs A8SOLialioi) ol- ("ei'lili¢d 'l'raii)ingl ciiid ki)oivn as PR()AC'I'.%CII)I'.IIK@ Ihroligli l.oddon .1 r4iinins. Tliis
IS ¢7 SII¢Lialisi progir411i1ni¢ i)ruvidingJ u 'ivliolL dPlJlQilLh' lo en£iblL $11111. 1(} ilLlivily %iipport iii(liN'idiial% wl)o <lcin()iislralL
bel)civioufs of concei'n Miid as fai. as is I'¢asoniibly possible ensiii'es Ilie S<Trfely of staff.
Loddoii Truiiiing dclivers this Ii'ic iiiinb? lo (>r¥¢llllSl1 lic)iis Iliioiighoiil the UK c11id there c11'e iii thc regioii ot. 200 org¢illiscilioiis ¢liid
800 Iiisli'iicliirs triiiiied io delii'er PROIl('T-%('. IPr-UK@ LOLlI'ses to Slaft. ii'iiliin tlicii. bervioe <iiid iiiiplLiiieiil Ilie appro4icI) ii)
s¢liools, residciilicil. cl<iy sei'vices cl1)d siipp()11iiig liviii¥ seltiiigs. Iii ddilion, cidi'ic¢ aii(I siippoil is offered to P<ircnls, flL IT)iIiLs
lid other schoii15 aiid care Iionies ()11 <1 fLgyLilar bi£ SIS.
Slibyicliscd coiirses aiid c1dditlOll¢11 adN'iLe <iiid siipporl 4ire providcd iliroLigJli (.)Iitreacli to Ptireiils 4liid 11¢ Inil¥' Ciil'ers t() enÉ)ble
Ilieiii Io ilse boili PROAC'.'I'_S('IPr-l.IK@ <lll(I l)LI.USSIL) ithiii tlieii. i)ii'n Iioiiies. Tliis eiiablc8 cliildrei) <iiid <idiilis to 51a}'
loiigyer iii IliL 1))il)' l)01)ie rediiLiiig Ilie iieed lor Iliciii to be supporled in resideiilial c(IrL'.
l.oddoii TrLlllllI)bt L15CS oll-.site trc111)iiig tc1Lililies dl l. iL'ld Hoiise Barn. a Iraii)iiig? faLilil)' proi'idiiig IL)r tlie iliLrLasiiigT IILiiiiber ol
e()Lirses Witliout rediiLiiig il)e LISL ol- gpaLe at tl)e Sihool.
Tli¢ PROACT-SCIPr-UK(lQ acionJ'i)1 Staiids loi Positll'L Ranije of Optioiis l(> Avoid ("risis anLI LISL Ther<lP)'. SiratL'gies lor
C"risis It)tei'veiition aii(I Prevenlioii.. Whilst l)LLL Ine<ins 'PLrsc)ndlised l.e?( rniiig f(>r l.if¢ Ll%in& Siippoitl￿'e Sii'atLLJies.
These ciirric(11411' appiucilhcs inlliide ol- ecliic¢11ing ihildi'eii wlio fincl the regiildr cl?ssi'c)oiii prcihibitive lo le1( 1-l)jl)(J
l-hese
pr()g?rciinmes <11-e deli¥'ei'e(I lo eiisiir¥ cl iill1LII'L of iiiiders111 iidiiig ot Ilic pliilo.sophy L)l- positive iippfoiiches cliid behclVI(IIII'
siipporl 11 S '¥vhole appi-oaLlI' to Clliible le<11'1lillg Ic) lake pl<lCC liir (211 iii ¢1 person-cl'iilred iV¢1V.

The Loddon Foundation Lt(I
Report of the Trustees
for the l'ear En<led 3 Isi Nl#i'eh 2024
Our Objectives
Acliievemeiits 4in(I PerforiiiAnLe
Diii'ii)g Ilie year IhL fvlluwiiiL pro&Jress ivas iiiade against the objeLtives sel in Ic1sI y¢ar's aniiiial repor1=
Objertives Set Last I'eol.
Ai hievements
Fiiriher develop oiir oiiti'each Nvork. ofl¢'ring professional Loddon Traii)ing is providing fornial piofessiondl advice
ailvice 4ind siipport <iloiig5idL tr41iiiing.
aiid siipporl 411ong5i(IL Ir4liiiing. P&irenls iind ¢c1rers coffee
Inoi'nii)g5 for those in Ihe Io¢¢ility are well recei&'ed b).
those w'ho have ¢llleiiilc(1 ¢lnd provide an oppurtuiiity for
siipport 411Id dei)rief.
To Idcililale positive oiitcoiiics for ind ividLillls
will) l.oddoii Trdiiiing 111¢ve an iiicre?Ised pr¢s¢iic¢ in local
cliallcii¥iii¥ bclic1vioiir by gyrom'iiigi QLir IoLal aiid n4ilioiial iielwoi'ks wiiliii) Haiiipsliii'e aiid siirroiindii)g> 1¢ reas, joiiiiiig
Iieliic)I'ks iii oi'dei. lo proiiioie least rL'sli'iclive aiiproaclies.
Ilie H¢qnipshire P<irenl aiid Cai'er Nelivoi'k, aii(I b¢coi))ii)g
aiiib?¢ SSl¢ doi-s.Nalioiial
I)e1￿.0r￿
nieiiibcrsl)ip
exleiid.q lo ii)Iliiencii)g prailicc Il)roiigli APPG and being
n)eii)bers of Ilie Nalioii<11 IraLlI)ia i)elivork, 13ild arid Ilie
RRN.
Expand oiir ivork with iv¢ll-l)¢in& for boih sliiff and slLiIILnls.
I'hL imporluni¢ of msiiiiliiiiiing Iiersoi)al w¢ll-l)eiiigF is
(."Pl) lopi¢ for PR()AC:T-8C'll>r-UKQI Inslriiclors cin<l
Princip411 Inslriiclors,
Li)Ildoii
Trainin
alsL)
represenlcd on Ilie l.oddiiii Foliiidiilioii ivL.11-bLii)L foi'liin
hicl) fociises ()11 W'¢TryS lo impr()VL slafl'ivcll-bciiig.
I'o proi)ioie Ilie iillP()I'lilllLI' of ii%iiig Ir<lLlI?ia iiilorn)ed Specialist Iraiiier.g Ill'c nienibers of Il)e Natioiial Trdliina
ippr()aLli¢'s iii Ilii l?I'OViSi()ii (If gJ(>(Id IlLiiiI ilj. SLippDrl thiiiiigli NLlivoi'k ￿.171¢11 eii4urcs Iliiil Ihe), L£ili acLess Ilie i)1081
Ihc l)RI)AC'I' .%('.1 I'r-IJK (R) ciii'ri¢iiliiin.
'iiliii) Ilie l)R()AC'-I-%CI PI'_ IJ￿￿ 1¢ lid inLludes Io¢Lissed
sessic)ns loi. ii)sli'LIClor4 Ilii'oligl) Ihcir ('PD.
To host ali Aiitiiiiin (.'oi)lereii¢¢
l.oddoii Tr<iiiiin& liuslLd <iiioII)cr .%iic¢¥%sfiil 1< Iiliiiiin
i)nf¢reii¢e. 'I'hL IheinL b¢'iiibl 011 the i'i'iy I'LILvanl lopi¢ of
Liipable LllVlI'OI)m¢iils. 'l-Iii% evLni pro￿ldld a balanLL of
SPL'iik¥rs froiii Ldiiiaiion, ¢6llf and those ¥viil) 'lii'¢d
expLI'ieiice'. l.c'¢db4ick sho¥vs tliai this i¥11S H'ell received
by 1111 ivho 4llleiiiled.
To fiii111¢1- dLI'Llcip resoiirccs fi)r Pcil'eii15, CLl1'ei'sy 4liid Ihe Iociil RcsoLlI'ces ha￿'e becii dei'eloped li) Inake Kl¥'<iilable f(ii'
pai'eiil ailciidiiigj the ci)fli'e iiic)riiiii¥s.
Dei'eloi)nient of tlie ClIAriti' {Tru51ees)
'ulli)INing 21 slraleg). daN' l)eld ii'iil) Ilie Triislees aiid leadersliip leaii) i¥'e l)iive a&sreed IiiLilS griiLIP5 to ei)hl¢ 1)LL' oiir
aiiil iliLI'ea%e oiii. iiiarkelin(y i)res¢iiie. Il'ork Sire<ims lo deliver tli¢s¢ objeLli%'L'8 ivill be luriliLr deN'eloped iii tlie i)LX(
>'eclr.
F(Ill()INiiig £1 Str&ltLgJic rLVILlV the ti'iistees li4lve <lPPI'oved plicise 2 of 11 I'ebiiildirig i)rtsgJi-aiii ivl)ich is fiill J. flindeil b). the
biiildiiig fiiii(l esl¢1blisliecl in last yLiifs clLcoiin15 <ind thi.% }'ecJrs siii'p1115. '1'hi4 ivill biiild 3 new lioiises i.
'klciple
Gr()VL'. 'I'hi5 projccl coiniiiei)ced iii ()clc)ber 2024 l)d is (llie tc) bc conii)leled JanucllTr 2025.
The I I'iislccs I'evic¥¥'ed tlie Viiibilit), of keepii)g F. ield Hoiise Bcll'l) as traiiiiiig Centre ii()N¥' th&il M'e iii) loii¥)er hcl¥'e <1
teii&i111 lo sh£lre tlie Losls. li Ma5 deciileLI thic I Il)e best oplii)11 is lo sell <iiid reloclc le Lodd(11) -fr1¢ iiiiiig iii Ic iiiore
IPPIOPI'lclte 5ize(I facility.
¢1¥¢ 4

The Lo(Idon Foun(lation Lt(I
Report of the Trustees
roi- the I'egr Ended 3 Ist1I1grclh 2024
The Seliuol
The Scliool is iiispeLled as <1 Clii IdrLii's Home once cl ycar and as (1 Scl)ool every (Iiree years. Tlic School ivas reLoBnised as
'oiitsl<iiiding" foi. its provision in social Larc and Outstr111dinby in L'duLalion diirin¥ tho 1<251 ()fsleil inspe¢lions. There w¢r¥
Inany achievements in the SLhool dLlI'inu? Ihe year whiLh inclLid¥d..
The 8cliool has been M'orking iiiih our project m41nagers Iv coiltiniie lo ph1¢5e 2 of the biiililiiig project Ni'iih the
developmeiil of Wlaple GrO￿L, Ihrce iiew bLiiigalow5 cind cl village greet) this is diie lo be Lomplcled iii Jaiiiiary 2025.
Acliieved (iold whole scliool ivell-bcing aivard.
Oiic of oiir yoiing perqoiis aw'arded 411) acliievenieiil award Ironi lh¢ Mayor of Basiiig.8toke.
A siiLcessliil Iraiisilioii of 41 youiig pei'soii relui'i)ii)g lioiiie lo Ilie Fkilkland Islands ii'ith 2 mcinbei's of c)Lir S¢liool leaiii
lo Iraiii Ille care stall. Ilial ivill Loi)lii)ue lo look iifier Iiiii) inlo iidulil)c)od.
I'e have eslabli8hed regiil411' Greeii Kl'cck Therapy tLlli d<iyS lor our yoiiiig people ¢ind lo siippori sl<lft iindei'slai)ding
by Inod¢llii)g Sli'al¢b)ies and resoiii'ces.
V¢ liav¢ r¢crLiiled a fiill Tl)ci'apy tean) ii)clLI(linbF Iwo higl)ly skilled ai)d ¢xp¢i'ienc¢d Ihei'apisl, a speech and li( ngiiage
thei'q¢ pisl ai)Il OCCLIPiilioiial Ih¥i%lpisI ivho hils taken on C.lii)i¢l$1 l.ea<l I'Lsponsibilities. ThL'ir woi'k is h(Iving a posiiive
iinpd¢l siir(>ss the 5cI)ool.
A bJinLfc)L15 doiisltioii of eqLiipiiieiil h¢iS enabled L15 to conveit 01)e ot our roc)Itis inio a soft pla) arca belli￿ L15¢d by the
()CCUP¢ilic)iial 'l'hci'apist to SLlPPI)rl oui. yQLing pcrsoiis seiisory IiL'Lds.
Il'c conliiiuc lo l)ave liiiks iviili .%LI)uols it) 11)e ivider cuiiin)111)ily lu iN'ork will) us al l.oddon to hclp in Ilic gvroiii)d% &ll)d
iii ieiurii Ive Ii¢iV¢ f¢Lcivcd liiiinj w'<)ndci'lLII doi)li Iioi)S lo stock lip oiir scliool sliop.
Ali area Dr IoLllS Iliis 14751 year has beci) Ii) delii)e and einbcd ic po.811ive iN'cllbcingi ciiltiirc iviihiii IIIC SLI)ool (ind g(iin
exlLriial rLLOgTniiioii tor tliis. ALI)i¢i'Liiiiiils inillide SLICLL'SSI'LII L()Inplilioii of Ilie Raisii)g, ,4112iniiiciil iviih Il'cllbeii)g'
(iold AIv¢lrd and IV¢llbLiiigT I)ioneer SLI)ool staliis, be¢oiiiing Ilic lir.81 speLll< I needs .%¥liool iii the LOLlI)Iiy lo a¥lii6ve
Il)is. 'I'hL ivellbeirig loi'iini is n()Iv ivell esli( bli.shLd, <Trnd f%inb?¢ of ¥vLllbeing7 evcnls licive b¢in ofierL(I lo siall. willi
consistciit liiki-lip. WL liave crealL'd Éi L.hil(Ii'Lns WcllbLingJ Nlanagei. rolL lo fiii11ier ¥nh<iiice IhL I'i¥oiiI' of Inuiiiloi'iilg
and in)pl¥n)¢'nliilion for ¢liil(IrLIi's ¥VLllbciiig.
Lo(Idon Trainlng
Loddiin Traiiiiii¥ coi)liiiiies li) ad¢ipI lo ali cfv'er chiliiging 1))arkei plucc niaiiilaiiiiiig its oiilin¢ coiirses aiid 'lace lo fa. ce,
olferiiigs.
Loddon Trdiiiing liilvc COlI)pleted Il reviem. ()f its coiirscs an(1 Iiiiiei)ded Ilie l)R()AC'I'_S(.'IPI'.LIKQD CLifi'icLIIIiiii
eiisiiriii&7 that all courses I'eni¢iin ¢lppfopi'i¢)IL, dyiicill)le. iiiid reflect currei)I g>iiid411ICe.
Triliiiers LaiilinLie lo dei'el()p tlieir skills iii all t15PCLts of the PR()A('T-SCIPr-IIKfjQ LiirriLiiliiiii. llikiiig re8P()iisibilil>'
toi. speiiliL lopiis lo eiisLifL Il dyiiaii)ic appro¢ieli to deliveiy, suLh Iopius 11)Lliide AppliLd Bel)c1I'ioiir ,41)alJ'sis,
1'raiii)ia Infi)riiied ('are. c(i-prodii¢lion I1ncl Alilisn).
l.o(Iclni) Tniiiin¢? ionliiiues to be inLliiclLd in VKifioLlS pfoLLlI'eiiieiit direilories lo iii¥i'e<ise IhL' ciivareiiess of its
oiferingis (11111 pi'oinotL 'thL I)KUèlC'I'_S("II)_UK ivhole 41ppf011 ch L(Ii'i'iLiiliiin' Iviihin se¥ei'&l1 piibl iccltioiis.
The mai-keliiigtr sli'aleg)- coi)liiiiies Ic) Ic)ciis oil tlie developiiieiil ol Lev niess¢1uJe5 c11)d iliL proinotioii c)r Ii'aiiiii)
services and tlie PROAC.T-SCI Pr-UK brciiid iliroiigli Ilic iwL.bsile Jiid ()Iir social iiicdi¢l ¢11(11)i)els.
.oddon TrLl11)ing increiiSed ihe niin)bei' of Aflilicile ()IgJl<iiisalioi)s iiiider Il)e Bild AC'I. certilicati()ii tor
PRQAC.T-SCIPr-UKffj. Tliis iiicrcic scs IIIC llic1rke1abilit￿. of the tl'c1111il)gJ Mltli cerlilicalioi) beii)gY 171¢11)daloiy lor
services ii'liei'e tliere is <1 Iie¢ilili liiiided coiiipi)i)eni or for those iiispected bj CQC.

The Loddoii Foun(l&tion Ltd
Report of the Trustees
for Ilie l'ear Ended 3 1st I'cli 2024
The deiiiand tor consiiliancy work Loiiliiiiies to increase ivith the addilioii of requesls to i)rovide support for pareiils aiid rainily
carcrs in order tv eiiabl¥ thL p¢rson lo ren)aii) in either the tan)ily honie or IhLir ¢xisting pla¢enienl and acliieve a beiier qucility
of life.
Oiitreach
AdN'ic¢ and siipport is pi'oi'ided 'f<qce to face, to a wider aiidienLe io incliidc paronts 1¢ nd t(2inilies en<1blin¥ tl)c persoii lo
maintain a beller qLialily of lif¢.
Social fvledia is used as a niechai)isii) for disseii)inaliiig inforn)¢11ion and raisiiig the profile.
liiternationxl Work
'e coiiliiilie lo siipp()rt Zaiiibiil tl)roiigh donalioi)s and provide access lu i)iiliiic I'es()urces so 1114?( tliey Ill'c cible lo opeii
Il)eir oi%'i) scl)ool tol. Lliildren iviih SPL¢ic11 edLicalioi)al needs.
Piibllc Beiiefit
-l-l)L 'l-riistLLS Lonfirn) that they hav¢ regard lo Ilie C.lii¢ rily ('.01))n)i8sioi)'s giiidanic on publiL benefil and Iliis is sliown in the
r¢'poi'lii)bi of Ilie L'harily's ()bje¢livLs lind 1¢ Lhievein¢iiis. 'I'l)¢s¢ ai'L siiinmi¢ I'iseil bilDw'.
I'hL School provides fiill). I'esi(ILiili(I1 plcices for LIP lo 30 ¢liil(IrLn who neL'd L(ILicaiioi) ¢1nd siippot1 lind 4111 slr¢
fiilly fiinded b). local i< IiilioritiLs, with no privulL plÉicL'iiiei)ls.
.()dd()i) .1 riiining, provides Iraiiiiiig, l<) scI)ools, resid¢nli¢11, duy scrviLes 11 1111 511ppoiliiig lii'iiibj selliiibjs fruin tl)¢
slaliitory, Pl'iviile oi. volui)li£ ry s¢¢lcir5. '1'lie Ir¢llllil)g is in)portsinl <iiid is in grciil denilc Iiil lind bciiefils cliildreii and
clults Nviih 41 widl. rilll&?L ol. iieed.s ¢liid diificLiliies.
'I'lic C.l)arily pl1)￿'1dcS SLlI)pc)rl l() Pill'LiIIs 4iiid i)rolessiiiiials iieediiib? ¢idvice and siipporl.
Loddoi) Tr¢iiniiib pr()vidcs siibsiiliqe(I COLII'SLS lor pareiils ciiid taiiiily carcrs.
Siiiff LoiilribiiiL fi'ecly to Iliilioiilll coiilcr¢ii¢es aiid c(111siiliiK lions.
The 8Llii)c)l invi1¢s IliL lolal Loiiiiiiuiiily l() sl)are in eveiiÉS 411id observe Ihc ivork.
l-l)c C.hai'ily pii)¥'ides eii)plc)yi))ei)l ii l)d ti'aiiiiiig leadiiig Ii) nalioi)al qLialifi¢<l1ioii4.
Tli¢ ('liarilJ' sl)ari's ils ¢idvai)Led ki)oivled&yL of aulisin, l¢ariiiiig disabililiL's aiid cliallLiigFii)g bL'havioiiT iviili oll)er
proles8ioni115 L.&?. IIIL SI IIP PB% nelivork gri'oiip cll)d oiher online l()riiiiis.
1'h¢ L"hai'ily sh(Iris ils Lxperti%e iviili l()Liil LIis<il)iliiy Ioriiins. aii(l oiliei. Ll)arilies.
1.hc C-h11 l'ily siippoI'IS P%ll'eiilS aii(I fainiliLS and other cliariliL'S Ivilh traiiiing,.
Financi¢il Revieiv
'he Lhiiritj. li&lb gCI)cf<ilcd ¢ln iiicre<15e iii ils uiir¢sti'i¢led I.eser￿c5 of £184,913. Tlie siii'pliis 5 111lc iiil}' geiier(11c'd b}, Ilic
ii)N'estn)eiils £319,27() ciiid l.oddoii Traiiiiiig £177,405 iiiifoi'lLllll¢ tel). a deliiil in scho(71 operic tioi)5 01. (£319,47.1) iihicli is dlie
Tlie siirplLIS lur Ilie )'car pliis dLprL'cialioii lliive beeii tri& l)sfei'i'¢(I to cl IILSlg)Ililted biiililiiig fiii)d ivliicli tlie Triislees l)1l¥e
1111) lo ¥oiiiplete iii Ihe iiexl leiv )'Lclrs. ,,IIIL'f Lilreliil Loii8ideric li()11 Ilie IriislLLS cipproved ¥<1pil¢il spLI)diiiLI ()f .£.15,ODQ lo ins11c11
solai. panLls 01) tlie siviiiiiiiiiig, puol ivliich lias Li paybabk of. C) years.
'hL principic I SOLifLe of iiieoine tl)is !'eil1' is inveslmeiils, Ihe 1114lj(>l'ii}' of NvhiLh is froiii iiitei'e.%t I'¢Leived. Ive tirL' i)ot IlL'pLnilcnt
on donalioi)s whicl) is IL'SS Ili<il I'/'O of oiir totlc l incoi))e for ihe }'ear. ThL' SLhool lee inLoinL hcls l)eeii 4ipplie(I lo piovi(le
residential cai'¢ and ediic¢11ion foi. Ihe piipils in Il)e SLliool.
We iiicre2c Sed s¢hool tees b}. 5..520i0 loi. exisliii¥ sl(Ideiils pliis a 8 % iiicrelL se on i)eiv stlideiils. Iliei'eli)I'C £111 iiicreci%e iii oiir
sclioc)I lee iiicoiiie, oN'crcill Iiiii- iiicc)InL hcls m<ll'L)jl)1c Ily iiicreL2secl by 20
o K¥hich IS Li resiili ol- a rcdLlCtioi) ii) sliideiil iiiinibers
Ironi
?9.8 iii 2022-?3 10 29 iii 2023-24.

I'he Loddon Foundation Lt(I
Rtport of the Ti'iistees
for tlie Year Ended 3 1st Nlareh 2024
Staff ivages aiid salaries 1£ ¥LOUI)I lor 75.10 of the Costs ot. rlinning Ihe foiindalioi). Il'ages diid S<11aries l)ave inLreased Iroi)) last
year bj £ 1.0 l Ok hoivLvLf I1&Jeiicy ¢osls111< S £11so dcLrcas¢d by £689k. Tliis is a result of tlie cai"e V<l¢aii¢i¢s rediiiii)g by 500/0
from 2022-2.3. Oiir .£latl- beneliled froiii a 5°/0 PLI}'rise for eiiiplo}'ees earning IL55 Ili4in £32K lind .3010 for einplovees ¢ariiiiig
over £32k. Thi5 aVLf4igi.d out (is 40/0 pay inire1c se OVLrall. 'l-hc iliarity h<iS been Ilclltely aivl¢ I'e ol- Ihc prcsslire lo illLrease Sdl¢1ry
lo I'imain Lompelitive aiid rediice or care i'acancy (l¢ficil wl)ich has proved siiccessfiil iii 202.1-24.
Diirii)g the J'ear the Charity has spei)t £33.770k on C&ipildl invcslinenl. The capiL?l expendillires ii)cliid¢d..
("isco Switches {£5,854)
Ride on ￿lOWe1. (£3.477)
Lxlrilctcir l.an (£2,51)6)
Indiiclion oven (£4,80?)
Kiiclien oveii {£6,672)
Sui)kcn -] rampoline (£8,-308)
Reserves and Finai)ciAI FleÉ)Itli
1.11¢ 'fi'iislees rL'gyLi11< rly revieiv the lii)aiic¢s. biidgels and spcnd agilll)sl bii(Igel as part of Ilie LlleLlive gioveri)Jii¢¢ of Ilie
chai'ity.
The Chai'ity bii(l&yL%15 to ¢nsLir¢ 11)e S¢liool is SLlf fiiiide(I bill il Is SLlPPOrted by Ihc rLtiirn on ils inv¢siiiienls and Ilie siirpliis
geiiLI'atL by Loddon 'l'i'Éiining lo I'epliice &ind r¢'iiew the f¢lcilitiLs the ch¢ll'ily reqiiiri's lo piirslie ils cl)iii'ilalile 7¢ illls.
1.lie lei'el of SLlILiol fccs arL' I'evieiied ai)IlLiiilly b}, Ihe I'rii8iees in liaison willi Ihe Chiirily l.e4111ersliip 'feain. I".c¢ iiii'Ol¢eS I)re
raised qiiui'lerly it) advcl1)¥¢ Ii'liicl) coiilribules t(} licaliliy C<isI) biilanLes ¢11 11)¢ begiiiiiiiig ol. Lacli qllilrtir. Iii Ilie ii£)I'iiial L()U15e
of evei)l% Iherelure IhL 'I'rLislces do iiol foresee difliciiliies in tl)e C.liarily's cash tlc)w posilion.
1.he 'l-riislees Lonsider Ilie grci< lesl fiiiaiicilil ri.qk to IhL' ¢harilJ' is IhL. luLal liuilioriiy aLislerity Pl'O¥l'l< Illlllc w'l)icli lia5 I'csiilied iii
CC)Liiicils dclaying i)aynienls iiiid iuiilcsliiigT Iiill¢ilioiiury ii)Lreases iii lees.
'I'l)c 'l'i'iislees coiisider il priicleiit lo Iic1I'C Ic siirplii8 1(> eiiable the SLlio()I and l.'I'(.' lo ioiiliiiiic 01)eraiii)&, diii'iiig ti pci'ic)d ol.
rL.duLed iiicoine or iiicreasLd LxpLiidiliii'e. A I'eserve LqiliV<ilciil lo al least IlirLL nioiiilis aver<lLFL cxpeiidiliirL is hLId.
I'hL Triislel's ¥vill Lonlii)LIL ¥viII) Ili¢ bLiildiii¥ i?i()jLcl Ihal li¢lS been LS1i£ blishLIl 7¢ nd ivill onLe again Ii'£111slei' thc s111-pILIS Ill£id¢
held in the hiiililinb proji¢l I'¢serves as a conlribiilioii loivurcls IIIL i¢'stoi'iiliOI) aiid rc.fiii.bishinL'I)l (If the iiiiiiii lioiisi, in
prep%1fcllion ol. thi% becoiiiii)¥ ()Itices lor s(Ipp()n services I1nd Ir14 Illil)¥ once lh¢ stiiilcnls111& ve Itioved iiilo N141ple Glove. 'fhis
piojecl is sel lo c()Ininei)Le iii the ne,xi leiv )'e1c I'S.
2023-24
2022-23
Tot<41 Fun(Is
£14,819,556
£14.()34,628
Iiivested iii lixed as5e15
£9,335,121
£8.82.3,03.3
£5,484,43S
£5.811,595
£5.484.4.3!
£1.909.723
£0
£5.811,595
£1.984,595
£0
Re.q¢i'i'es ol'.1 nioi)Ilis
De8ig>iic1ted hoi1i¥LIIIiii'1¢ I liind
Desig?nc1ted biiildin&F fLlI)II
£.3,1124 787
£44 j.C??£
£41.000
£3.800,0011
£0
£?7,000
C¢lPlt¢11 expeiidiliii-e
riii)ds 41N'¢iilable t.or cli<irilable piirpi)ses
LO
£0
Pa¥Tr¢ 7

-rhe Loddon Foun(Jation Ltd
Report of the Trustees
for the l'ear Ended 3 1st rch 2024
The Triiste¢s will continiie lo revieiv ils reser￿.¢5 poli¥> in tl)e light of Ilie e¢oiioiiii¢ clii)iate lo enslire they ¥(Ir)liiiue to be sel ai
a realisliL level.
Inves¢inent Policy and Performance
Tlie Triislees, haviiig reg>ard to Ihe IiciLiidily rcquireinent ol. operating the Loddoii l.VLin(latlOl) ¢ind to the reserNes policy, havL
formdlly operaled a policy uf kecpiiig ti%'o Ihirds ol- Ilie fiii)ds iii Deposit ?( ccouiils and one Iliird iii Eqliilies aii(l Boiids. Ill the
ycar end th¢ ¢h41rily h41d casli depnsils ol- £6,006,657 41nd £1,588,781 invesled iii Ilie C.aLenovc ¢li<irily ii)ulii-as5el I'iii)d. The
£6111 held iii cash represeiils.. £.3.2in hL.Id lo fiiiid pliase 2 0l.ihe sch(Mil biiilding projecl ¢iiid £2m held 2¢ S kl .3 nioi)Ih cosl rescrvc
'itli Ilie balaiice repre5eii(ingT lh¢ s¢liool fees P1& id iii advdnLL by Ilie local <?Iiiliorilie%. Wlii Isl CLirrenil J IiiorL is IILld in dcpo.£ils
Iliaii the policy slates, it lias beeii left 4lS eiisl) rcscrvcs as il Ni'ill be spent in Ilic coining yecir on Ilic ne¥v scliool biiildings
The iiiveslinciits ii) the ('.azeii()ve Lharity iiiiilii-assel fiiiid l)a8 increased l)y £153,220. Tlie triislccs 1¢1ke ¢1 loiig-lerni view, Ic)
iiivesti))eiil ¥iiid lire pleased Il)e iiiilial ii)vcslii)ciil of £ I.QOO,000 i))ade ii) J<iiiiiary 2015 lias iiicreclsed lo £1,588.78 l over Iiiiie
yCil1'S.
Thc iiivesli)ILnl poliL>' is conliniially I'evieiv¢d in ¢oiijun¢lion iviih (he res¢rv¢s poli¢y.
Plhns for F iiture Period.$
Key objeclii'es for the comiiig }'e%ir lic1V¢ bLLn 41gl.eed l)elw'ccii the B01c ril of 'l'riisiees 411)d Ilie Cliiii'ily l.C¢1dersliip 'l'eaiii.
'riic coiiliniiL,d focLlS of ilic C.liiirily is io..
cxpuiid Ihc rL'PCI'Ioii'L of coiisiili<lllCy %LIVi¢LS lo iiicorporulL' I'cqiie8is li)r 5Lippvrl ¢1foLlI)d spccifiL Ll)dllLI)gJLS ai)d inclLid¥
T() eiili<iiiLe Ilie 8LII)P()rt P&iLk&igi¢s fLlI' 14l1iiilie.q aiid )'OLlll& people ivilli Ast).
Ext¥i)d our rea¢li aii(I po.silive I'ipiililtioii by c()iilii)uii)g to SLippurl oil)Li' slliools and IoLal nei¥vork8 1() develop IIILii' oivii
NvLllbi'iiig IIiioLigl) SLILLI'ssliilly Lols Lhii)g partiier SLliools lo coiiiplele Il)L RA W pi'o&yraii)ii)L arid Ihroiigli LoiifLrLIicL spLakin
¢ind w'cbii)cll'S.
f.()nliiiiic 10 in111( nc¢ Illl. ILariiiiig Liivir()iinienl cll)(l offLrinsJ Inoi'e neiv opportiinilies both 011 siie ¢111(l il
tlie lo¢al coii)niiii)it)'.
'ro facililale pi)silive oulcoi)ies for ii)dividu¢11s ii'iih Lh411 Iciigiiig bchai'iour by glo￿117￿￿ ()Iir Ioc¥tl ai)d
111¢ ti0111¢ I nelN¥'orks in oi'dei. to pi'oiiiole le¢isI rcslriLlive aPPlQic clies.
To conliiiiie tv eiih£ln¢e (lie provisioii of kn(>￿'lL{li?c Iin(I skill% re11L IIii&F lo tlie i)rovisii)11 Df- Ii'aLII1)£l Iiifoi'iiied l¢1)i)f01¢ clics iii
Il)e pri)visioi) of good (Iuiiliis SLlI)l)oi'l Il)roii(Ili ilie PRI)ACT-SCIPI'_Ukdv CLirrieuliiiii.
I-o IllLrease the ¢lLLCS5ibiliiy to tl)e PEiO.4('T-%CIPR-IIKQ' appr()kiLlI Ic)r cdLicalioii arid Iiealil) Éiiid SOLiÉil Cilrc seLtc)rs.
o prui'idL SLlPPOI'IivL LoiIIL'nl to proinolL tl)e SLICLesstLII org41111S£11ional iiiiplLI))ciilalioii ol. the PROA('.'I'_SC'I I)r_IIKCKI i%,lii)le
pproaih.
To re¥'ie¥v 1¢ nd eiil)1¢ nc¢ k¢}- PRO.4CT-%CI PI'.UK@ Iiiri'iLLiliii)) lupics to in¢lLid¢ £ltiti51n. co-lirodiictioii, i)ositiv¢ beliavic)Lll'
siipport. ttncl kecpin¥ S<ift
'I'o ¢(IiitillLie Ii) proi'idL SUPPQrt for Pcll'LiIIs <liid Cc?rei's thi'oiigh the pic)¥'isioii of iiilo11111& I cc)IfeL nioriiinLrsl 'i)pei) sessioiis,.
Ri.sk ￿la￿age￿}ent
PagJ¢ 8

The Loildon Foun(l#tion Ltd
Report of the Triistees
foi. the Year Eilded 3 1st fvlarch 2024
The Trustees have a risk inaiimgeiiieiit slr¢ileg)' ai)d a Risk register ivliivli has bceii devLloped iii P2i rlnership iviil) the C.l)arity
-eadersliip Te¥11n. Tl)is is revieived annually to l)igliliglil=
("urr¢nl (ind fiilure risks thal ihe L.harily m?£ )' fic ce.
The eslablishnient Df syslertls lind pror¢diir¢s lo limil those risks (ind mitigate any losses siiifLfLd.
'l-l)e impl¢'iiiL'iil¢ltion of procediires designeil lo minitnise 1¢ 1)y potential impdLt on th¥ chai'ily .shoiild
Ihose ri.sk.s ml< lerialise.
A key arccl Ihc1t Ilie l-riistees review each year is tli¢ inipacl of possible cviifli¢15 of iiiteresl wiiliin the Bv1c rd, especiall}, in
relalioi) lo l.i<iise l.oddon Ltd. I'h¢ 13o¢ird feel th1< I tliis arei? is w'cll iiiidei'stood k)i)d managed ¢speci(111y iioiv the iiiinib¢r ot
Clirrint 'frLlStees lii)S iIILfcilSCd.
Ai Il)e opei'alioi)(Il level Ilie Key I'isks faciiig Ilie charity are..
RepLltalii)nal risk. 1¢ I'lSiI)& fr(1111 11 salcgii£irdiiig) ji)cideiil. Tlie scliool 11¢15 exlei)sive S<ilegii¢irdiiig policies M,liich iliLliicle
5¢1f¢ I'¢iriiilii)¢111 <11 tlie liine ot. appoiiilii)eni. exl¢i)sivc ii)diiLlioi) Iril11)iiig ivliiLli is regiularl), re-eiilorLed cliid ilieLk
pi'ocedures wl)ich are ii))i)lei)ieiil¢d ai Ilic fii'sl siiggTre8lioii of 41ny issiie arising.
l.ocal aiiihority fLin(lin¥i f'i'om Ceiilral goN'ci'i)meiil is b¢ing ¢LII ba¢k and this may evenliii111y I'e(IiicL' Ilie ¥villiiig>iiess of
tlIL l()¢al iiiiil)<)riliLS lo pay for the I￿￿￿1 of car¢ piovidcd b). Ihe sLliool. The s¢liL)ol holds th¥ ¢qiiivaleiil (?f tl)I'Le
nioiiihs ol. charily riinnii)&p Costs back iii rcservcs.
I'he SchoL)I niLibl eiislire il cdii coi)liniie t() iiiLel Ilic cliai)giiig 51diidJrds r¢ciuiicd by l)fsled. .1 o do Iliis il eiiiployees a
S¢li(iol inipi'oven)eiil coiisiiliil lil aiid Iraiiis ils slafl- al iiidiictic)n lind r¢-oiifoi'ces iiiin111c Ily tl)¢ii' safegii¢ll'diiig
oblig>alioiis.
I'hc rcci'Liiliiib> ot. a full le¢ilii vf Larc $14111'1i¢)s beeii di fliLiili dLiriiig Ihl. last l()ur yL<ifs ¢ind ihL' risk li<iS bLcn niilig)Ic lid
by Iiii'iii&) 1¢ g)eiicy 51alT'.
Tl)e dilli¥iiliy the SLlio()I lius iii rcLriiiiii)gi care Sldft.. 'I'he suli()(Il is now. applyiiig lo ilic gyi)I'erni))eiil li) rcLrLiII 5171 n.
I'RlI(.'"fiiiiF., GOVTr;RNIlNCE IIND ￿lANAG￿,￿lENT
CJOV¢I'ning dtsciinieiit
'I'hL Lli<ll'il)' is coiili'ollL'(I by ils gTovLriiing do¢iiiiienl. cl de¢(1 of Iriisl, aiid consiiliiles li liiniled coiiipan),, liinilLd bv gJil¢ll'ant¥e.
s defin¢cl by thi C.onip1s nies A¢1 20n6.
Key maiiagem¢i)I remuneration
'riie to11c I rei))Liiiei'cl1iOlI l)l- Ilie ei)IploJ'ees, i¥lio al'e Lc)11sidirLd io be Ilie k¢). Illl¢ Il&igeiiient persoiiiiel of Ilie ('l)cll'lty, M'as
£.193,1 $2 (2023.. £373,074) iiicluding L'iiiplc)ycr's iialioi)al insiii'i111C¢ Qt £38,802 {2023.. £14,926).
RF,fF.RF.NC'.E AND ADNIINIS'I'RFI-I'IN'E D&.T.AILS
Registered l.".oiiipaiiy iiuniber
02448785 (Eiiglaii(l £iliLI W'kilcsl
Registerecl C'liui'itv iiunibL'I'
8112188
Rcgistere(l o￿lee
'I'l)L Loddon %Llioi)I Ivildnioor l.aiie
Shei'lield-()n-l.o(Idoii
H<linpshii'e
RC"?7 OJD

The Loddon Foundation Ltcl
Report of the Trustees
for the Year F.nded 3 1st illarch 2024
Trustees
S J Corbelt Senior Pbs C.'liniciaii
S Flissey RetirLd Comp<lliy DireLlor
R E Jones Retired School Assislanl PrinLipal (i'¢si¥ned 16.10.23)
M R L4ikin Ri.tirLd
R W Lycett Retired
J A WakL Retired Regislere(I Car¢ Mciniiger
C I We115 R¢lircd Cl)¢inci'o(l Ac¢otintaiil {resigned 7.2.24)
R Avis lappoinled 1.11.2.3)
G Day Retired (appointed 4.8.23}
S A Sivai)soii Retired {appoiiiled 4.8.23)
Aiiditors
Sheeii Siicklaiid
Cl)artered Accoiint<11lts
Si<ilulc)ry Auditors
2 Oriel Coui'l
On)ega Park
AIIL)n
Hun)psliii'e
GU.34 2YT
Investment Aclvisers and ￿lAtI￿gerS
Sclii'odcr & C.i). l.iinil¢d
l Loiidoii Wal I P121CC
.oiidoii
I.:C'2Y SAU
S'l"èl.l'E￿I Tr:N"I' OF 'I'RIIS"I'Tr: Tr:S' R Tr.SPON%I BII.ITI b's
'l-he Iruslees l¥1,110 4ire <11.qo Ilie dii'eLI()I's ol. Tlie l.od<lc)11 l-oiiiidci1ic)n l.ld lur Ilic piirp()8e% ()I' ci)IllPiin)' Ikll%') re rtspoI)sible f()r
prepiÉ ring Ilic Rcporl c)f Ilic .1 r1151ees lid Ilie fiiiaiiciiL l %l<ilciiieiils iii aci()rd<lllLL Ilitli ilPI)IiLi< ble l<iiV aiid Lliiilcd Kiiigdoii)
ALLouiiliii&T Siaiid<irds {Iliiilcd kiiigdoni (iei)erally ALLL'Pt¢d A¢¢()Iiiiliiig Pra¥licc).
Coini)any law I'cqiiirls IIiL IriislLLS lo prcpai'e 11i)anLial sl&lLinLnts lor eauh liniin¥ial ycai. Ivhicl) gtrjl'e a IruL aiid fair vi¢iv ol. Ilic
Slciie of il Iliiirs of lh¥ ¢11411'iliibl¢' ¢onip41ny iiiid ol. Ihi, iii¢oiiiingJ I'LSDllI'ces ai)Il ÉippliLiiliDI) ol. I'¢soiir¥¥s, inLI(i(ling) Ihe inLc)11)L'
and expeiidiliii'e, of Ilie chi& I'iliible company for th￿1 PL'I'iod. In preparin¥ Iliosi financi¢l1 slatLmenls, Il)e Iriislees al'e r¢qiiir¢.d lo
seleLI siiilable i)ccc)111)iing policies <ll)d Iliei) (lpply Iheiii coi)sisieiiily;
ob5¢1'VQ tlie iiiethods Iiiid prii)ciplcs in the C1147rity SORP.
11)¢)ke jiidgciiicnls <iiid c'sliin¢11Ls Ih(Il are I'LilSC)ll<lble and prLicleiil'
51£lte il'lieiher l)i)Iiciible Ilccoiiiiling standi£ I'ds hcive beeii loll()wcd. SLibjccl to IL iiy n)l£ teri<il depai'liires disLlosc(l ai)d
prep1( I'e the fiiii£ l)Cliil slateineiit$ 011 the goiiigi coi)cerii b¢iSiS iinless il is iiiapi)ropriaie to presiiiiie tl)al Ilie cli<irilÉil)le
COIIIP¢iliy ivill continue in bLISiIICS5.
Tlie Ii'u51ees are responsible lor keepiiig prc)per aL¥oiiiilii)g rcLoi'ds ii'liich di8cliise willi reasoi)iiblL aLLLifii Ly al an!, tiii)e ili¢
C'omp1c iiies Aul ?006. They 1( re ¢1150 responsible lor S411egiLiardii)g Il)L i s.%elg ol- tlie Lhariial)le coiiipaii}' lind lienLL loi. t<1k'in
reclSOllclt)le steps foi. the p1'e￿entiO1l <iiid dLtCLtii)n of fr<lLid aiid otlier irregii11< rilies.
In so f£if cls the trLISlees ¢?re <llViire'.
tliere is iii) relek,iiit Iliidit iiiloriii<1tioi) ol-ii'liich the clii2riti1ble coinpii s iiiidiloi'5 re iii11¢ Il'¢11'e' 4ind
th< IrustCL5 h11 ve l<)keii c)11 sleps Ihal Iliey oii(Flil to l)11 ve lakcii to Incikc IliciMsclN'es c1Mcirc of illi). rLlevaiit ciudit iiiloi'i))I11ioii
£iiid to establish Il)21 Ilie <111ditors are 1< i%'are of tli<lt inlor1i11¢ li(Iii.

The Loddon Foundation Lt(I
Report of the Triistees
for the Year Ended 3 1st ￿l%￿Cli 2024
AIIDITORS
The Aiiditors, She¢n Siicklai)d ivill be proposed lur rL-appoiiitinent al tlie forihcoiiiii)g Aiinlial General Meeting.
Rl'poit of th¢ Iriisl¢es, incorpoi7lingi a sli'¢11egiL I'epurt, approved by order ol. the board ol- IrLisI¥¥sJ 1¢ s Ihe comp¢iliy dii'eLtors,
dnd 5ign¥il on tlie board's behalf by..
G Dily - 1'riJsl¢L
Page I I

Rtport of the Iiidependent Aiiditors to the ￿leMberS of
The Loddon Foundation Li(1
Opiiiioii
WL hcive aiidiled (he tinancial slaten)eiits ot" The Loddon Folli)di￿ tii)n l.td (Ilie 'cliai'iI￿lb1e voiy)P1¢ 1)y'} lor the vear ended
31 sl NlarLh 2024 wl)iLli coii)prise Ilie Si41tei)iei)l of Fiiiancial AL¢iN'ities. the BalaiiLe Slieet, the C'.¢isI) Flow Siateinenl Iiiid nL)Ics
lo the liiianii<il stcltemei)ts. ii)LILidingT a siiinn11< ry Ot sigiii fiLanl accouiitinL' policies. I'hc linanci111 reportiiig fr1( l))ewurk th1< t 11£1S
bLcn applied in Ilicir prLpardtion is applicable laNv and Unitcd IKiiigdoni ALLOLinlinu %landards (lJnited KinLTdoni (Jenerally
ALLepted ALuoiinlinb PracliLe).
In oiir opinion the finiincial stc1tenienls'.
>ive a triie aiid fi¢ ir vieiv of lh¢ stcil¢ ot" 11)e ch1< rilable compaii) 5 Jff£iifs c1S dl 3151 ￿larCh 2024 aiid of 115 iiicoining
I'esoli￿Qs aiid c1ppIic1¢ lion of resoiirces, iiiclLidiiig ils iiicome <111d expeiiditiire, foi. the year Iliei) en(ted'
have beeii properly prepared li) accoi'dhi)L¢ ii'ith Uiiiled Kiiigdoni Geiiei'ally Accepted Aceuui)ting Practice. aiid
hav¢ beeii pr¢pilr¢d in a¢cordan¢e wilh the reqiiireinents vt tlic Companies Acl 2006.
Basis for opinion
We condiiclcd otir (?Iidil iii accordaiice willi Iiileriidtioiial S11( Iidards on ALidiliiig {UK)11 SAS {UKI) aiid iipplicable law. Oiir
respoi)sibi l ille.8 Lll)der Iliose siaiidilrds li'e fiirihcr describe(l iii Ilie Atidilors. resi)oiisibililies foi. IIIC <iiidil i)t' Ilie linai)oial
stJlciiiLnls s¢¥lioi) of our r¢port. W'e are ii)depeiideiil Of the ¢liai'ilI1ble ci)i))Piiliy iii aLLordii l)ue iviili Ilie eihiL<il I'eqiiii'eiiiei)Is
111<11 al'e relev1< 1)1 to Olir aiidil of Il)e liiiaiiLial slÉileii)eiits in Ilie IJK. iiicliidiiig tlie FR("s F':IliiL£il Siaiidxrd, aiid ive liave lullilled
our otlier eil)i¢al respoi)sibililies iii IlCLordaiice iviili Iliese I'equirei)ieiils. We believe Ilial Ilie aiidil evidei)¢e Ive h¢lVC obiaii)ed
is sutliciciil and api)ropi'iale lo pi'ovide a b<lSiS foi. oiir opinion.
Concliision.% rolatiii¥ t￿ going con¢ei'n
In aiidiling IhL firiancikil stalLnienls, NVL l)avL' ¢oi)¢lLide<l Ih¢il lh¢ Iriislees, Lise of the g¥oing COliC¥l'n bllsis ()r ¢iccoiinling in the
prepai'illi()n ol. tlie fii)£ll)cial sliii¢n)¢n15 is appropi'i¢ilc.
Biised 01) tlie i¥'ork w'e liiive p¢i'foriii¢d, Iiave i)()l idenlificil aiiy IM41icfidl Lii)c¢rtaiiilics r¢111 liiig lo evciils or c()i)ditii)iis Il111t,
individii(Illy i)I' ciillcclii'cly, Ill¢ly Ldst sigJniliLiiiii d()Iibl ()ii Ilie Lh(2riliiblL cc)ii)pai)y'.% llbilily lo conliiiLI¢ Ils 11 gioingi conceri) f()r a
pei'io(l ol. al le<l91 Im-elve iii()Iiih.% froiii iilici) IhL fiiiaiiciul slÉilcinLnls lire aliiliiiriscd lor i5SUL'.
()Lll' re.qpoi)sil)il ilies lid Ilie re.%poiisibililics ()I' Ilie Irlislces iiiili rcspecl to LYVjITr&? ¢L)Ii¢Lril &ir¢ described iii Ilic I'eleviiiil 5ccIi()118
ol. Iliis rep()rl.
C)ther inforinillion
Ai)nLidl RL'port. otliL'I' tlian Ili¢ finan¢i<il slaleineii15 aiid oui. Ileporl ol. IliL' Ind¢p¢nd¢nl Aiidil()rs Il)crcoii.
OLII. opinioi) oil tlie fin4lnC114 I SlalL'm¥nls dols not cover Ilie oiliLr informlliioii aiid, exiLPt Ici the exleili oihirivise expliLiII¥'
slale(l iii oiir rLPOrt, wc (lo not LXPI'ess ai)y foriii Df assiir%1nc¢ con¢liision IhL'rLOn.
Iii ¢()iiiie¢tioii ￿1¢17 ()Iir ¢lll(lil ol. Ilie Iincl1)Clc11 slalen)enls. oiir respoi)sibilili' is lo rci( d the ()Iher ii)forin471101i Ic lid, iii d(>iiig scTr,
coiisider wliether the other iiifoi'in(Itioii is m(IILrii(11)' iiic0115islciil willi tlie 111l¢iiicial 51¢ilenieiils ()r oiir ki)Dii'leclbi¢ obiaiiied iii
Ilie <111dil c)I' ()Il)ernvisL appe¢ilS 1(} bc 1111¢ leril¢ Ily iiiissl¢)led. If Ni'e idei)ti l}, siiLI) iiialL'ri?I l iiicoiisislencies (li. appurLiII Inalerial
Ih¢niselve.s. It.: b¢1.sed oli Ilie i%'ork ii'c lic)VC i)ci'f()I'niLd. Ive coiicllidc tliill IIIci'L IS 1¢ llliilLfi¢11 1))issliileiiieiil ul. Ihis oil)ei'
inloi'i)lilliOli. Ive (ire I'eqiiired lo I'eporl I11<1t fiicl. We Iiave noiliing lu rei)oi'l ii) Ilii.% regard.
Oi)iiiioiis on other matters i)resei'ibed b). tlie L.'oiiii?aiiies Act 2006
Ilie iiifuriiici1ioi) giifv'Ln iii Il)e Report of ili¢ Ti'ii.sl¢es toi. Ilie tlllc1n¢i<11 }'L"
the RL'port of tlie Triistees h(1% h¢¢n prep¢11'¢11 iii iL Loord<1nce iviih dppliLÉiblc IL(J{Il I'eqliireinenls.
ci¥e 12

Report of the Inilepen(lent Au(litors to ihe ￿leMberS of
The Loddon Foundation Lid
IVIAtters on whicli we lire required to I'ei)orl by eyceptioii
Iii iliL' li&lit ol. tlie kiioii'ledge and iinder51<indiiiLI ot. Ilie cli¢1rilable comp<iny and its eiivironinenl obtaiiled in the coiirse i)f tlTre
iidil, M'c hi< N'e not idelllilied liiiltcrial misslaleiiieiits li) the l£eporl uf- the Trlislees.
We liave noiliing to report ii) respect ol. IhL folloiving iiiatters wliere th¢ C'ompanies Act 200() reqliires LIS to report tv you it", in
our opinion..
adeqiiate accoiiiiling records have not bo¢n kept or reliiri)s adeqlialc foi. viir aiidil have not been received fium bi dn¢hes not
visil¥d by us- or
the Iiiiancicll slaleineiils ¢lre riot in ￿￿gree1]ient iviih the ¥lCCOllI)lii)g reLords and rctiirns., or
¥crtdiii disclosLires ol IrLislee5' rciniiiicralioii .speci fied by l¢lN¥ ,IfL nol mcide. or
¥e hc1VC Ilot rcccived ¢111 Ihe iiiformatioii aiid expl<illiilioiis rcqiiire for oiir alidit.
Responsibilities of trusloes
As explaii)ed Inore lill l}, ii) the Siatenlenl ol-TrLlgtees' Rcsi)onsibililies. Ilie truste¢s (￿]7￿ 121.1 a150 the directors of the cliaril<iblL'
conip4111S for tl)e piirp(Ises uf QoliiPl¢ iiy laii) are respoi)sible lor tli¢ prcparatioii of Ilie fiii<iiicial slcil¢n)ciils aiid lor beii)g
Sl¢ li.8lied th¢11 ihcy give a Ii'iiL 1< lid l?¢ ir vieiv, ai)d Ic)r SLILII iiilLrnl¢ I coiili'i)l as Ilie Iriislees IleiLrniin¢ is i)ece8sary lo eiiable tlie
prepdl'£ilioii ol- tlllli IILl<il s(4llei)ieiils Iliat ai'c free Iron) i)ialeriÉil Inissl<iieiiiii)I, Ivlieiher dLie to fraud ui. ei'ror.
li) i)repariiig Il)e fiiiai)Clil1 slaleiiieiils, the trLislcL's ari rc%pon8ible lor 41ss¢sging Ihc u111¢ i-lliible Loiiipai)y's &bilily lu coi)liniie ic s a
g()illLJ COllLLrn. disLlI).8iiig, as appliiablc. i))allers I'eliilcd to LToing coii¥Lri) ai)d iisiiig (lie going ¢(Jn¢¢'i'ii basis ol. aLLoLiiiling
Linllss the IriislL'¢s Liili¢i' iii(¥'nd 10 li4tiid4llL thu Lhi( ril4ible comp4iliy or Io L¢aSL OP¥l'iltioiis, or havL' 110 r¢silisiiL aliLrn4llivL' bill
lo do so.

Report o( lhe Inilependei)t Au(lilors to the N'lembers of
The Loddon FoundAtion Lt<l
Our respoJisil)ilities (or the Au(lit uf tlie fiiiaiicigl statemeiits
IrreL)IIIIL Yilies, IIILILidiiig Ir<lLid, are iiist4iiices ol- noii-LonipliaiiLe ivith laN%'s aiid regiilalions. We desigi) procediires in line w'illi
Olir resi)oii.sibililies, outlined ¢lboN'e. ti) de(ecl malLri<il Inisst£lleiiieiiÉs iii respect of irreb7ularities. IllLliidii)g Iraiid.
We enslirod Ih<il th¢ ¥ngageiiienl lean) c()Ileclivel}' had ilic Ilppropriate ¢oiiipel¢iiLe, Cdpabililies ¢111d skills lo idei)lily or
reco¥nise nun-Lomplian¢¢ with appli¥abl¢141IVS aiid regiilations.
Tlie laivs and regiilalions applicable lo ihc Lh¢irity iY¢i'e i(lentifie(I through disciissions ivith the IrLislees aiid oth¢r nianagemeiit.
,Ilso frun) oiir cuinnierLiiil kiiuNI'l¢ilge ciiid ¢xperience of the incorpor£2led cl)arily. Ul'ihese l<lWS l& nd rcgLilJli011s, ¥%'e fociised on
those tliat we c(Insidered may h¢1ve a direcl Inalerial Lffcct on Ilie tii)aiicicil slaleiiients or the operiqlioiis of ihe eOliiP¢ll)y,
iiicliidiiiu bill ilot limited lo Tlie Companics Acl 2006, taxation legislation. data pioleclioi), aiili-liribery,
,iiili-n)oncy-laiiiiderii)g, eniploymeiil, enviroiinienlal dnd helllili 1¢ nd $41fcty l¢gisl<ltion.
The extent ol coinpli1c nc¢ i¥itli tlicsc la￿%.S and regiilalions ideiitified above ivas assessed Ihruiigli ni<lking) enqiiiries ol.
iiiaii<1genienl and iiispecling le&ial expendiliire ai)d cori'espoi)(lei)ee. I'hc idLnlificd l£llVS (ind rcgii11c lioi).q M'ere comiiiLlllILatcd
iiliin Ilie aLidil teal)), Ilie leani I'eiiiaii)ed Ici'l to iiistai)ces of noii-coi))pliii lice IhroLigli(iul tlie audit.
We assessed Ilie susLeplibilily of the LlIArity's finaiiLial stcileiT)ei)Is to 11)l< lerial misslalei))eiit. ii)clLidii)g obiaiiiing ali
Liiidei'slciiidingi of liow Irillid n)ighi ucLiir by:
iiiaking enqiiirie% ol. IndiiagiLIi)Liil ¢lS lo wliere Iliey ¢oiisid¢i'Ld Ihcre ivas 5115Leplibility lo fraLI(l. Il)ei)) ki)oivled&y¢ ot
i¥liial. sUSP¢¢ti(l <in(l iillLg?¢d fraiid.
To ¢lddie.%s the I'isk ol. friiiid Ilir()Iigl) n14111¢igLmeiil bi&1S and OVL'rriil¢ of conlr()Is, Ive..
pei'foi'ille(11¢ iialvli¢i11 pr()cediires lo ideiili f>. (Illy Liiiiisual oi. IiiiexpeLled relalioiisllips;
asses.sed ¥vl)eiher jiiilgieii)Liils £l1)d 4lSSLiiiipIioiis 11141de it) deleriiiiniiig? the iicLc)Liiilii)g csliiiiules lier¢ ii)diLillifve ol.
pol¢nli1i I bi41S:
Iii I'eqpoiise ii) Ilie risk ol. irreg?Liliirilie4 aiid Iivii-c()iiiiilicliice iyiili 1<11IS ¢giid rL'g>ul<iliuiis. H'e de8ig)iied pr()Icdiireq H'liicli
r¢c1diii&T Il)c Iiiii)IilLs ol. InLcliiig?s ol'ilio.qe LhargTed Nviil) giuvcriiaiicc.,
enqLiifii)ST of i)l£inageiiieiii as lo a¢iui4 l ¢iiid pvl¢nli411 li1lgTalioii and cl41111)S:
and I'evieivii)gi Loi'i'espoiidence IL'levaiil rLgLildtois and th¢ lhai'ity's le¥sil a(Ivisors.
BeLaLise ot. Ihe inliei'eiil liiiiilalions of ¢ill clll(lil, IherL is (1 risk Ihs1 t ¥v¢ %will not dLle¢i ¢111 ii'rL'¥iil1¢rilies, iiicl(Iding those le¢1(liiig
to sl Illiiieri411 iiiisst411eiiieiil in tlie IiiiclllCI(il slaliincnls oi. non-coiiipli41nce i%'iih reg>iilcltion. 'fhis risk iiiLrcdsLs Ihe iiiore th471
ill l)e lesb likely lo b¢¢oiiie <lW¢ll'e i)I' ii)sl(IiIL¢s of iioii-¢onipli<lllCC. 'I'lic I'isk is also grliilei. I'cgi£ll'diiig) ii'regiiilarilics ncciirrins
diie Ic) Iniid r￿lI11c'r Ili<ili Lrror, 41s fralid iiiN'olves ii)leiitioniil coneccilniciit, ti)I'gcry, co11115iOII, OliiiSsioiI c)r mis1'epre8eiil£ltioii.
ALidilors.

Report of the In(lepen(lent Aiiditors to the ￿'[eMberS of
The Loddoi) Fouiidation Lt<l
Use of our report
This rLporl is made solely lo tlie Lharilc?ble cc)n)pai)y's Ineinbers, as a body, in accordaiice ii'iil) Cl)¥lpler 3 of P¢1rl 16 of tlle
C.oiiip?L llies Aci 2006. OLir aiidii ivork l1<1S beeii uiiderlakeii so Ili<il we Inighi stale lo tl)e Lharilablc coiknpaiiy's Inen)bers Ih(Ise
i))alters we are required lo state to tli¢m ii) ali auditors, reporl ar)d for no other purpose. To the liillest e.xtei)t permitled by law,
we do nut aLcepl or assLim¢ responsibility lo anyoi)e other Ilian the Lhariluble Lunipaiiy 4ind Ilie uharitable conip¢iny's meinbers
as a body. toi. oiir audit work, for Ihis r¢port, or for the opii)ions w¢ have formed.
David Sanders FCA (Sinior Sialulory Aiidilor)
fvr aiid on belialf of Sheen Siicklaiid
Ch<lrt¢red Accoliiilanls
Sialuli)rJ' ALidilors
2 Oricl Courl
Omegkl Park
Alion
Hainpshire
GU34 2YT
Diile..

The Loddon Foui)(lalion Ltd
St4qtem¢nt of Financial Activities
foi- the l'ear Ended 3 l&t ￿l￿rch 2024
2024
Total
flinds
2023
Total
fuiids
UnrestriLtLd
fiind.8
Reslricled
Not¢s
INCONIL AND LNDOWfvILN"rs FROM
Donations
6,107
34,335
Chai'itable activities
Operations of the school
-I'r¢iining ¢1nd iN'orkshops
8,146.592
703,847
8,14(),592
70i,847
7,917,128
726,251
Investment incoine
Oilier iiicomc
166,056
166,056
1,5()8
79.C)50
2,100
I'otal
9,024,200
9,051,215
8.7ig,664
EXPTr.NDI'I'IIRF. ON
Clill I'it￿lI1e aetii'ities
Operaiiun5 Ot IhL' s¢l)ool
Tr<1iniii&i and Nvork81)ops
8,466,010
526,442
27.055
8,49.3.065
5?6,442
7,707,374
686.847
8,992,4.52
27,05.5
9,Q19,507
8,.394,221
Net g)aiiisl(108se81011 iii¥'eslinciils
153,220
153,220
IC)4,3741
NF.'I' I N(."0￿1 b:l{Tr:XPb:N l)I-I'II RE)
184,968
(401
184,928
301,11(19
REC:()NC'ILIATI()N I)F FIINI).S
-1 olal fiinds brc)Iigylil f()I'W¢ird
14,6.1,1,493
135
14,6.34,628
14,3.33,559
1'01'AI. FIINDS C.4RRlb"D >ORW'ARD
14,819,461
95
14,819,556
14,634,()28
I'lie i)oles foi'in P<ll'l of Ihese fin<incial stc11eiiieiils

'he Loil(loii Foun(I,Itioii l.i(1
Bal¥lt)ce Sheet
31st ￿1111.(17 2024
211?4
202.3
N(Ites
I.XLD,ISSE'I'(>
14
7,74(1.340
1 58¥.781
7..387.47?
1.43$ $61
1),-3.15,121
8.8?.1,0.1.1
C'II RRI,'N"I' kKS.Sb'-I'.S
Debi()I's
16
2,214,695
412,110
5,$94,147
1,999,()4.j
505.110.3
5,773,31.S
8,??1,282
8.278.263
('Rl,-l)I'l'l)RS
{2.7.3(Tr,8471
12.4CTr(I,(16111
b.-I' C'il Illil,: N'l. ,i%S>i,"1'4i
5.484,4.35
811.595
).%) C. I,'Illll,:N'l'
14,¥11),556
14,6.B4.()28
14,81(),%.56
14,()34,(Tr28
TrIINI).
14,81().461
95
14.(?.14,491
'()-I',I I, b"[IN I).4)
14,81().f.S(I
14.6.34,(128
Ci l)clV - 'I'r(i%liL

The Lo(Idon Foun(1gi lion Ltd
Cash Flo)v Statement
for tlie l'ear Ended 3 1st N.l*rcli 2024
2024
2023
NL)tes
C.'asli floivs fi'oni oi>eriiliiig aitivities
C1￿h ¥¥n¥'ralcLI from opei.4l1ioi)s
22(),945
657,1184
Nel cash proviclL'Il by ClPLfdtin¥ dctivilies
229.945
657,084
Cash flows from ijivesting Aetivities
Piii'cliase of langjible fixed assels
SalL of Ici1i¥iblL fixed i1Ssels
Ciii'reiil 1¢ ssel iiivesiiiienl niovenienl
Interest I'eceived
(620,OC)7}
1,800
1)2,61)3
16.661
{224,17())
{191
22,920
Nel casli Lised iii iiiveslii)g aelivilies
(408,9131
(198,978)
C.hAiige in eAsh i)n(I ciish eqiiii'mleiils in Ilie
rei)Drting i)crio(I
Ciish Mild Lash e(iiiii'iilei)Is ￿t the l)eginnin#
f the rei)iii'ling iieriod
(178,1)681
4$8,106
.S,773,315
5.315,209
Cftsh lliid rnsh e(iliiv￿1e1)t5 111 tlie eii(l of the
rtpoi'tin¥ period
-s.5()4,-147
5,77.3.-115
Thi notes foi'iii parl of Ihise fiiianLiI?I slll leinenls

The Loddon Foun(l*tion Ltd
Notes to the C:ash Flow St#tement
for the l'ear Ended 3 Is¢ Nlarcli 2024
REC"ONCILI,ITION OF NET INC'OfvIE'I"O NET CASII b LOIV FRO￿1 OPERA'I'ING ACTIVITIF.S
2024
Net income for ihe rei)orting perioil (as Iiel. the Stiitenien¢ of b inanciii I
Activities)
Adjiistnitnts for:
D¢prccialion charg)es
{G<Qlll)110sses 01) investm¢nls
Profit 01) disposcil of fixed assels
Interest received
Iiicrease iii debtors
Iiicrease iii ¥redilors
184,928
301.069
260 I)()7
{15.3,220}
(1,598)
{I1(),6CIl)
1214,680)
270,179
262.-539
(2,3001
122,920)
(J9,640)
93,962
Net cxsh i)rovided by 01)e1'￿tIonS
229,()45
657,084
ANALI'SIS OF C.'HANC.b.S IN NE'f Tr'llNDS
Al 1.4.23
Cash floiv
Ai 31.3.24
Net ciish
C'4ish 1411)Ic nk aii(l in liand
S,773,315
1178.968)
5,S94,347
5,77.1,315
(178,968)
5,-594,147
Liquid re8(iuree.¥
Dep(Isils ii)Lliidcd iii LasII
('Liriei)i aS8el investiiic'iils
5115,003
{92,6()31
412,-310
.5115,1103
{92.6()31
412,3111
'rotMI
(),278,318
1271,(b611
6,0()(1.6S7
-lie not¥s loriii Pcl1'1 of Iliese finic n¢ial slalei)ieiits

The Loddon Foundation Ltd
Notes to the Fin&nciAI StAtenients
for the Year Ended 3 Isi I￿l￿re1) 2024
GENERAL INF()RI￿lATION
l-h¢ Loddon l-oundatioii Lid il privale company liniiled by guar¢inlee inLOTPOI'aled iii F.nbiland and Ivales. ThL
registered 0￿1¢¢ 41nd pi'inLiple pla¥e ot biisiness is The Lodclon S¢h￿￿[, Wildmoor Lan¢.. Sh¥i'fi¥ld-on-l.oddon, Hook,
Flampshir¢, RG27 OJD.
ACC:OUN'I'ING POLICILS
Basis of prepAring the fin#Jicii)I st#tements
The Iiiiaiicial slalenients of Ili¢ charilal)le conipany, wliich is a PLiblic benefit eiilily Liiidei. FRS 102, liav¢ bccii
prepared in RcLordance ivitl) the C.l)arilies SORP (I.'RS 102) 'Accoiiiiliiig (liid Reporting by (.'li(Irilies.' Sialeineill of
RcLomni¢iidcd Pi'a¢ti¢o appliLciblc lo ili¢ll'ili¢s pi'ep<lriiig Il)eir 1¢ ccouiils iii accoi'dai)ce iviih Il)e Fii)ai)Cllc l Reporliiig
Sti< 1)di< I'd <ippIici( ble iii the UK und Republic of Ireland {FRS 1021 (¢ff¢¢live l Janliary 2019)., [-' in¢11)Cicil Repoi'lin
Staiidard 102 'Tlie Fiiiai)cial Repc)riii)g Siai)dard Iipplicciblc iii Ilie UK aiid Rcpublic of Irelaiid, aiid tlie C.onipai)ies Act
2006.
The Iinaiici<11 slateiiiciils11<1VC bccii prcpiired linder the hisli)ricil1 knosl ¢onv¢nlioi), willi Ilie ex¢¢plioii ol. ii)veslinenls
whi¢li al'e iiicliided al market value, as i))odi fied by the r¢vi< lii<ilioi) ol'c¢rlaiii as5els.
Tli¢ fin¢ill¢ial slalL'menls lire prL'sei)ILd in slLI'lii)&y ivhi¢h is the fiiii¥lional CiirrenLy of IhL' Lhai'ily and roLinded lo the
neaiest poiind.
Going concern
Ai Ihe lime of ¢lPPlVVlllS' Ihc fiii¢iiiiial $1411cinciits, the Ii'ii.4tees have a rLIISOll¢iblc cxpcclii lilii) Ilic21 the cl)<irily has
adLqiiatc rcs()Lll'ces lo c(11)liiiiie in oper<ltioiiiil exislLIicL l()r Ilie toi'e.qee£ible liiliire. Thiis Ilic. Ir1151ccs conliniie Io 41(1(Ipl
Ilie goingT COll¢CI'ii ba515 ()f ilCC()IiiiliiigF jii pr¢p¢iriiigF IIIL liiianci1( I slaleiiiL'iils.
iic()Iiie is I'LCOb?niscd iiliLlI Illc LhÉirily 1% Icgcilly eiiiiiled lo il &ill¢r cllly perti)I'ni4?Ii¢c Loiidili()ns h<ive been iiicl. Ihc
amouii15 cai) be iiieasLired reli<1bl)', aiid il is prL)bable Ilii( l ii)conie NVIII bc rcLClV¢d.
SLliool lee8, Irainiiig tiiid ii'()I'k511<)p fccs and oilici. incoiiie are reLogi)ised in tlie Sial¢ii)¢iil ol- Fiiian¢ial ALlivilic5 111
the period iii ¥vl)iLlI the sL'ri'iLL' 1% pi'oviiled. feL's iifL 11)voi¢¢d quaiterly iii advaiiL¢* ¢iiid Ir¢linii)gJ and ivorkshops arL'
invoiLed in adv¢inLc lo IIIL LOLifsL. bcing, i?rovidLd. Iiicoiiic I'eueived it) advaiiLL' IS l¢'LOb?i)is¢d as d¢f¢rred iii¢onie.
Cash doi)alions re reLogJiiised on rLLcipI. IIiLome Iklx I'ecovei'i¢ ble ii) relation to donatioiis I'e¢eivL(l iin(IL'I' Gift Aid or
deeds of coienii ni is I'ecognisecl i ihe liine of ihe don1£ lion.
ExiKnditiire
All expeiidiliire is clCCOllllted lor oli <ill accrii<115 b<lSIS Ilnd licl.% beeii clilS5ified iindei. hel¢ din¥s Ili£ii uggrcgÉile iill cost
rLlulLd 11> Ilie calegoiy. Il'lier¢ co.5tS Cc?1111()t he directly alli'ibiiled lo particiil<ir l)L.?diiigs thei. l1c1¥'e beei) 11 Ilociiled to
tivitie5 (11) IL bilsls C()Iisisleiit ii-iil) IIIL (ISL {)[- I'LSULII'LCS. 'I'lie ii'i'ecoi'ei'lL l)le VA T 15 iiILliiiled ￿.111) thc ilLlii of CXPLllbL
Li<1bililies <1re recc)giiised expeiidillire s soon cls there IS 1¢ legal (Ir ci)Ils11'Liclive obligcilioi) cuii)i))itlii)g Ilie Charit).
lo ihcil expeiiditurc, il is probablL th411 <1 Ir£11151er ol. eLoi)oinic bei)cfils ivill bc reqiiired iii seiileiiieiil £ll)d Ilie c11110111i1 or
the ()blI￿all011 Laii be Iiie<i8iired reli<ibl J'.Ovcrl)cads111lN'e beeii ¢illoLic ted ali tlie basis ul. aLILldl spLncl b!,
CTovern8nce costs &ire tlii)se ILIIILlions Il)l£ l <lS5151 IhL ivork of the ch<ll'lty bill do i)ol direL11￿. Lll)dLrtcikL Lh<ifii<iblL
Ictii'ities. CIoN'LI'n<lllLL Losls ii)iliide eYlei'11<l1 cliidil. legal adi'iLe and indeiiiiiilN' illSLiraiice t()r the Trii.%lees. Ii'iislee
nieelingj Losls, aiid i)rep<lratioii of statLIIoiy <1ccoiintS Ll1)(I meeting staliitorv reqliireincnls.
Governineiit grgnts
Govcriimci)I gTfcl1)Is are recogjnised iii ilie Statement of Fii)<ill¢i¢11 Aclivilies ivl)eii tliere is rei?SOIl￿ib1e ¢?ssiiraiice that the
eoiidilioiis of Ilie birai)1 ¥i'ill be iiiet, cl1)d gr41nts ivill bc rcCL1￿'ed. Graiits I'cceived befc)re the recogiiilioii crilei'i<l Ilre iiiel
11.¢ iii¢liided as cl licibilily. Gc)tr'eriiiiiei)t gTf¢llltS 4ll'e I'ecog)iiised al 141if ¥'¢1111e.

The Loddoi) Foundation Ltcl
Notes to the Financial Statements - eontinue(I
for tlie Year Ended 3 1st Illareli 2024
ACCOUNTINC. POLII'.IES- coihtinuecl
Cl141rilable qctii'itie.$
The Cliarity, Iindei'11c kes livo priiiLiple aclivi(ies= a Sehool whiLh provides eduvalion and ¥ar¢ for 30 (2023: 30)
cliildreii. The charity Ic Is(} provides Ii'i¢ ining coiirses for a niimber of oi'¥<illiscltions IhroLigh Locldon 'l'raining &
Consiiliancy, iiiclliding Oiitreach services wiil)in the UK and internalioiially Ihroii&h Ihe provision of Iraiiiing 41nd
siipport lo incliidc a 5niit11 on-¥oing pro¥riimme in Zlc mbi¢l.
Tangible fiyed assets
Tai)gible Iixed 1¢ ssets 4ire slated at cost les.8 depreciation, which is proi'id¢d iii ¢llLial diii)Il141 iiislcilincii15 ov¢r Ihc
C51imatcd LisefLII lives ol- Ilie asseis, aiid any pruvision for iiiipairiiieiil. Individlial assets over a cost of £ I,OQO are
capilalised.
Asscls ii) Ilie cuiirse of coiislruelioii cost incllicles prolessioiial fees ciiid oillei. directly allribiilable Losls necessary to
brii)g the asset iiilo iise. Deprecialioi) coi))i)ieiices Nvl)ei) Ilie assets are I'eady fi)I' Ili¢ir inl¢i)d¢d iisc.
Aiiy g1< in oi. 108s on dispos¢il of ali ileiii of fixtiires and Iillii)g7s are delcriiiiiied by Loi)Ipariiig the pro¢¢eds tioii)
disposal iviih Ilie ¢<lrryiiig ai))oiii)l of tixllires ai)d fillings, Iliid is r¢Logi)is¢d Nviil)iii oilicr iiicoii)clcxpei)ses ii) protil oi.
loss.
The rates of deiirecialion tipplild lo assLts are as follows..
Freel)old biiildingrs - ()vcr 50 }'LUI'S
Property in)provcin¢iils - oi'lr 7 yeii rs
lolor vehicles _ 2.50/0 rcdiiciiig b¢l14lnLL I)1¢ Sis
l ixliii'cs, fitlinbJS aiid gei)erc11 eqLiipmenl - I 50/0 stri£ ibyh( line baqi8
I'#xi)tioii
Tl)e cl)ai'ily is cxciiipl Ir()Iii corporÉlli()ii l&?X i)11 115 clihriilible llciivilies.
Tr uiiil #ecountiiig
Unreslri¢led tiii)d8 can b¢. usL'd it) Mcuoi'dai)LL' will) (he Ll)arilable (IbjeLlives al tl)e di.SLft)lioi) ot the Iriislees.
RLslriLl¥d liinds Can only be iisld for pMI'li¥iilar r¢sli'ictuil piirpos¢'s within Ili¢ objects vf Ilie chai'ilv. Ri'.slriLIioiis ¢iris¢
Ivhen sp¢'¢ifiLIl by the donor oi. wheii fiiiid5 are riiiscd for piirliiiiliii. rLslriLlI'(I piirpos¢5.
FLlrth¢r ¢xpl¢111&11ioii of the n<iliirc &in(I piirposc of C1& ch fiin(l is incliidcd in the notes lo Il)e finiillci1¢ I sllilenienls.
Pension c05t5 nncl other post-retireinenl benefits
'IIL cl)411'ilciblL' ¢oinpaiiy oper<iles (i pei'soii<l1 pensiol) scI)ei))e. C,01)Iril)LIIioiis Pilylc ble lo the cl)II l'iliible con)Plc l)V'S
conip<llly ii1s0 operates 41 Tei1cliers' Pensioiis Sclieiiie. del£iils C&ili l)e IDLiiid in Iioie 19.
En)i)loyee benefits
Slic)rl-teriii emi)l()vec bcnclils Losls lire reLo¥nised 115 1< li41bilily 4iiid an expense. Re(liiiid¢lllL)' pa)'iiienls 1& re reiogtriii5eil
an eii)pl(i￿'ee or to pi'ov'idl leri))in<l1ioii
Fixed Asset investinentS
rixed 4issel iiivesliiients (ire initicillv niLaSLifLd ai iljiir Ii'ai)sailion V1& Ilie ai)d iifL SLibsciiLILlltI!' i))LcisiifLd clt fair ialLIL' at
eacl) repoi'ljiiiJ dic tL. RLdlisLcl or iiiirealise<l ¥F&llllS <111d lo.sses on (lisiiosal%, or oil reN<lliic11ioii. 41re I'ecobsnised iii Ihl,
Sialenieiil ol- FiiiilllCiL21 Activities.
Re4i1i5ed ancl unreAlised gains anil 10$5es
onliiiued...

The Lo(Idon Found?1 tioii I,t(I
Notes to the Finigncial Stalemenls - continiied
foi. tlit Year Lnded 31st NIAI-ch 2024
ACCOIINTING POLICIES- cuiitiniied
All gains and los.qes ?¢ re Ilik'en to Ilie SidtLIllLnl of binancial Avlivilies as Ilie!. arige. Realised gaiiis aiid Ios5cs un
iiiv¢'slrn¢iitS iifc L¢ilbiilat¢.d (Is lh¥ ditlei'eiice between salLs proiL'¢.ds ai)d OPLning fair valiie IpLir¢h¢ise d¢11e if l(Itei'}.
Uiirealised gjaiiis and losses are valciil¢ilLcI (IS th¢ (lilference beliveen Ihe fair valiie al the year end atkcl UPL'nin¥ fair
vallie (or piii'Lhase date if lalerl. RL'411ised and Iinrealised g￿lInS are not sepai'aiLIl in th¥ St<ltcmcnl of finai)Ci¢il
Activities.
C,a.$h and cash equivalents & ciiri'ent asset iiivestm¢nt5
Casli and cash eqLiivaleiils include C<lsI) iii Ii<iiid, cash 1< t b¢1nk (Ind other sliorl-lei'm liqiii(l iiii'eslii)eii(s M'itl) origiiiiil
IDLltiii'ilics of tlircc IiiL71I1hs or less. Ciiri'ent asset iiiveslinenls repi'e5ciII sl101l-l¢riii iiiveslniei)Is w'illi orig>jii(ol Iiialurities
of Inore (11421) three nionil)s.
Del)loi's
Sliurl lei'iii debloi's lire slited t?t Ilie scltlenieiil aiiiLILiiiI diie ￿ller ai)y Ir<ide discuunt ollcrcd. Appropi'iale alloiY¢inces for
eslii))4lted irrec()vci'ablc ¢11l10llI)Is al'e reLC)&ynised it) Il)e SialeinLI)l of [-' ii)l¢ iiLial ALliviiies ivhcii Iliere is objective
evideii¢e Ihal the $8el is ii)Ipaired.
C reililors
C.rL(liioi% ttnd prc>visions are mea%Lired al th¢ii' s¢ltlen)ei)I valiie.
CRI'I'ICAI. ACCOIIN'I'ING JII{)GI:NILNT.S ANI) KTr:I' SOIIRCF:S OF b'S'1'I￿1A'l.l()N IINC:ERTAIN'I'I'
Iii thc ¢ippli141tioii of Ilie ¢l)drily'$ 41LC()Iinliii¥ policies, Ihc Iriislees are I'eqiiir¢d tv Inakc jiidgemeni8, esiiiiiales lind
relevaiil. Aclii¢?I I'esiilis 1ii(1 y difier Ii'()iii IhesL Lsliinalcs.
Tlie esliinales ai)d iiiidci'lj'iiigi LiSqLiiiiiilioi)8 iii'L' rcviLlVL.d 01) ali Olig7{)iii& b&lSlS. Revi.siuii% to iicL()Liiilii)g> esiiiiiiiies ai'L
the revi.%1011 li lid liiliii'c i)¢riods ii'l)ere Ilie I'evisi()11 £ilteuls bc)Il) ciirreiil &111d fuliii'e pei'iods.
C rilical #ccoui)tiii% estilllAtes Iiiid Assiiiiiptions
Flx¢(l Assel ini'e51111¢11És
Fi.xL'd assel iliVLsliiiLiils ari ilassified as siiili aftei. Loiisiclei'alion is g>iveii tor Ililir iiilenile(I p(Iri)i).SL. 'I'liL' Ii'iisi¢'¢s hilVL
ivei) considei'alion as 10 hoiv 11)e invesinienls ¥vill be 11sed in Ilie fLllllI'e, I'he iesoiirces (ir¢ consi(IL'I'¥(I lo be in long
l¢i'ni (ISL.
D()NAI'I()N.
2024
?023
D01111 ti()iis
-11,12?
34,1.3
Doiic11ioiis o1.£27.0 I f {2023'.£?8.05$1 c)I'L reslricled ¥i'l)i1st d()i)ali011s 1)I'£().107 {?023.'£C).281 l Lire iiiireslricted.
coiiliniied.

The Lod(loii FoundAtioi) Ltd
Notes to the FinqnciAI StAtenients - continue(I
for Ilie l'ear Lndecl 3 Isl NIArch 2024
INVESTMF.NT INCONIF.
2024
2023
R¢nls rL'Leived
Deposit a¢ioiii)l interest
49,39.f
16,661
56,730
22.920
166,056
79.650
INC.ONIE FROTrI C.FIARITABI.F. AC.'rii'iTIF..
2Q24
202.3
Incoiiie aiialysed by class of bLisiness'.
('.l)ari(able clivilies
()peraiioiis ol- the SLlii)ol
Trniiling) arid Ki'ork'%liop.q
8.146,592
70.1,847
7.917,127
726,251
8,8.$0,4.19
11,643,-378
O"I'II F.R IN(.'()TrIE
2024
ciili oli gale ol- iai)gijl)le Iixed a$8eis
1,598
LFIARI'I'AEILF. AC-. rivi-riF.S C.'.OS1'
SLlI)purl
Lo&ls {scc
n()ie 9}
l)ireLI
-1 olals
UpLI'(Itioiis ofthe school
Trfjiiiiin¥ an(1 ¥vorksl)ops
8,282.8.34
507.399
210.231
8,4()1,06f
.$26,44?
8,790,?.3 3
229,274
9,019,507

The Loddoii F4)uii(latiots Lt(I
Notes to the Financial St4glenients - continiied
foi. the l'ear F.nded 31st ￿l￿re1) 2024
.8IIPPCIRT COSI
(ioveri)aii¥e
Losls
Finance
Oihei.
Tvla15
OpL'rdlic)ns of thL' SLhDoI
Training ¢lnd ¥vorkshops
1.S.-f 64
11.1,023
2,871
81,644
16,172
210.231
1 (),043
15.5()4
115.894
97,816
229,274
10.
NF.T INC.OfvIF.I{F.XPF.NDITIIRF.I
Nel iiicomellexpciidilLlI'e) is staled 1¢ fier cli1¢ rgii)g)l(crediling)'.
2024
2023
ALiditoi's' reiniiiieraiioii
Depi'eLi¢iliL)ii oiviied assels
H li'e ol. plaiili (nd Iiia¥hiiiei)'
()thei' operaiiiig lea.8es
Siirpliis on disposal of fixed asseis
20,803
260,996
233,3111
19,458
262,531)
227,23<)
12,()27
{2.300)
11,5()Y)
Iiicliidcd iii Ilie ALidilc)Is rciniiiicriilioii is L()sls lor c)Ili¢r 5¢rvic¢s,' £3,69U lor Ilie acc(iuiils prcp£iriilioi) {202.3.. £."),5401
ieacliers p¢iision aii<lil £1,21 U12023.. £1 I (lol.
'I'RII,SI'Tr:Tr.S' RE.￿l[lN￿:RATI{)N AND IITr.NF:b I'l"
'lic .1 riistecs did iiul I'ccL'ive aii}' I'ClllLllILI'iilioii (ILirii)b) Il)e ye¢ir eiideLI 31.5t N.1ill'¢li 2024 {?02.1.. £Nil i. liill8 ii'ere niiide
Ii) i)iie ti'iistee lolal liiigi £111111202.1.. £411).
Triistee5' exi)eJiyes
ExpLllS¢'S rLlaliiigJ lo Iri¢ VLI and Iil¢Lliiigs l()lallingr *556 wci'L reiinbLir.8ed lo two I'rLisl¥es1202.1.. £316 to livo Trustees).
12.
s'rA F'F (".()4)I'.
2Q24
202.3
6,0()3,041
451.379
25(),?62
5,852,49.1
-170,6?4
219,264
Soiial securilv Los15
Other peiisioii costs
6,802.682
6,442,-181
AgeiibN' L0515 o1.£1.343,3021?0?3'. £2:302,411)) i%'ere Iiaid dLiriii¥ IhL year Iliid re iiiiluded in Ilie i%'¢1gves ai)d Sillic ries
LO%t slioivi) al)i)i'e.
I-IIL aV'L'r&gie iiiuiithl}' iiiiii)bLI' ol. Liiiplos'Les diirii)(. Il)L yeRI' IV1< S ftq lolloiis..
2024
202.1
SLhuul
Tr4111)iiig 1¢ lid ivnrk.%h(Ips
170
l)a¥¢ 24
conliniied..

The Loddon Foun(lii lioii Ltd
Notes ¢0 the Financial Stli tements - continued
for tlie Year Ended 3 1st ￿1￿1.¢1) 2024
12.
STATr'Tr' COS'I"S - ¢ontiniied
The number ol'empluyccs ivho.se eniplu￿.l¢ benetils (excliiding ei))ployL'r p¢iisiun Costs) exieeded £60,000 was..
2024
202.3
£60,001- £70,000
£70,001- £80,000
£80,001- £90,000
Peiision conlriblilioiis 01 £38,064 (2023.. £29.816) Ivei'e n)ade in I'especi of Ilie abovc einployees.
13.
CONIPARATIVLS IIOR THE STATENIEN'f o*" FINANCIAL ACI'IVI'I'Ib:S
lJi)restricied
fiiiids
Resli'iLlcd
fund
Total
riiiids
INCONIE AND ENDO1v￿1EN7's bRONq
Donations
6,280
28,0.55
ChAritablii Iictivities
Opei'(Itions ol. Ihe scliool
Traii)ing ¢ll)(I Ivoi'kshops
7,<)17.128
726,251
7,917,128
726,251
Inve81ineiii inc(?i))e
()thei' iiicoiiie
79,C)$0
2,-300
79,650
Total
8,7.31.6Q9
28,0.f 5
8,759,664
EXPENDITIIRE ON
(.'lifii-it:Il)le activities
Operalioi)s ol. Ilie sLliool
Traiiiiiigj aiid ivork%liops
7,679.-3 74
686,847
28,000
7,707,374
68(I,R47
Totxl
8,-166,221
28,11011
8,194.221
Net gc1ins,1110sses} oli iiivestnienis
164,-774)
(64,174}
NE'f iN(.'OME
-301,014
55
3n1,069
RF.C.'ONC'II,IATION OTr" Tr [IND.
Tot¢il tLlI)ds broLigl)I li)rii'ai'd
14.13.1.471)
80
14,333.559
TOTAL FIINI)S C",IRRILD FI)RIVIlRD
14.1134,493
1.35
14.6.34,(Tr?8
P&i¥e 25

The Loddon Foundalion Ltd
Notes to tht Fin#nLiAI St*tenients - conliniied
for the l'ear F.n(led 3 1st Nlarcli 2024
14.
TANC:IBLE FIXED ASSF.TS
Assets in
the
coiirse ol-
Lonstr
Fixtures
aiid
rillings
Freehold
pi'opLrly
Molor
veliicles
I vtdls
Ai Isl April 202.1
Addition5
Disposals
9,824,484
15,946
198,915
575,297
212,203
21,645
200,424
7,179
{18,.155)
10,43C),026
620,067
{18,355)
At 3141 fv1¢1rcli 2024
9,840,430
774,212
233,848
189.248
11,037,7J8
DEPRE(.'IIlTION
Al Isl Api'il 2023
(.'licirge loi. ycai.
Elin)inaled oli dispos<il
2,728,31 l
233,045
180,818
11,572
139,423
16,.179
118,1521
3,048,554
260,996
118,1521
At I I st fvlarvh 2024
2,961,1.58
192,1()O
117,650
3,291,198
NET B()OK I'ALIIE
Ai .31 sl M¢ll'Lh 2024
6,879,072
774,212
41,458
51.598
7,746,340
Ai .1 I st ￿[￿l'Cli 2021
7,111)6,171
198.915
7,387,472
FIXEI) 1lSSE.I' INvTr.s"r￿lfr.N.I.s
Li.8led
I ARl%Tr:'I' I'AI,IITr:
Ai I sl April 2023
1,4.35,$61
153,220
At 31 si Miir¢l) 2024
,.588,781
NF.T BOOK VAI.UE
Ai 31st fvl¢iiclI 2024
1.588,781
At I I sl ￿[al.¢17 2021
,4.35,561
There ivere nci iiivesti)ieiil asset5 Iocic led oiilside tlie UK.
( ()si or k'alLialion al .31 st Nlll flh 21124 18 I'epre.seiited b).:
.isled
'iiliialion iii 2014
1 $88.781
P<q¥e 26

-rhe Lo(l(lon FouD(liltion Ltil
Noles to the FiiiqE)ci#l Stji Senients - continiied
for ille l'ear Lnileil 3151 Nl#i-£ h 2024
16.
DF.BTOR.S: .4NIOIINTS FALLING DUE IVITHIN ONF. YEAR
2024
2023
Trade debt(115
l)Iher del)lors
Prepayments andL i ILriie(l inconie
2,054,5.30
21,9$6
138,131)
1.858,314
20,C).36
120.995
2.214,625
1,999,945
17.
C.URRENI' ASSL"I' INVES7.￿1￿￿1"%
2024
202.3
Uiilislecl invcslniciils
412,-310
505,003
('.urrei)l assel iiivesli))ei)Is relAle lo sl)vrl leri)I boiids iviih 11)¢ltLiriiie8 ol. n)ore Il)ai) 6 11101i11)s bill less Il)£111 12.
18.
C'REI)ITI)RS: *lNIOIIN'I'S FAI,I.ING DIIE WII'HIN ONE I'F.AR
2024
2023
Ti'1( de cr¢(lilors
Oililr Lreclilurs
ALci'ii<ils 1( l)d deferred iiiLoine
348,784
69,681
2,318.382
270.612
62,644
2,117,3C)2
2,7.1(1,847
2,46(Tr,()()8
Ai tlie }'ear eiid peil5i(111 L()Iilribulii)i)S Lil'£21),284 (2112.3: £22,517) Ivei'e OLII.%lcin(liiigy 4111<1 iiiclLided iii crcdiiors.
19.
LLèlSIN(I AGREEMfr.NTS
N.1 inii)iiiiii l¢as¢ P¢iyiii¢iiI.% iiiidcr iion-L¢iii¢¢llablL uperalinb leiises li$11 dlie as loll(Iivs'.
2024
202.1
26,76.3
104.3.38
15,751
20,186
Belwcei) Olle 1L l)(1 five ye<ll'S
20.
AN.4LI'SIS OTr" NE'I. ASSE'I'S BL'I'II'EEN Tr'IINDS
?024
Llnrcslricled
Re511'icle(I
Total
7,746,340
1.588.781
8,221,187
(2:736,847}
7.746,3411
1,588,781
8,221,282
{2,73(),8471
7..187.47?
1,4.35.561
8.27S.2CTr.I
12.466,6681
It)￿'¢S11)ients
(".Lll'rent cls.sets
C.Iirrent li(Il)iliiiLS
14.819,461
95
14.819,55()
14,6.34.()?8
ioii(illLl¢d...

I'he Loddon Foundatioi) l.td
Notes to the FKn#nci#l StAtements - continiied
for tlie I'eai. En(led 31 sl Nlareh 2024
21.
101,E￿1ENT IN FIINDS
Net
Inoveii)ei)I
in funds
Translers
beliveen
tiinds
At
31.3.24
At 1.4.23
Unreslricte(I fiiiids
CJeiiei'cil fiind
Desigiialed fiind - Biiildiiigy developn)ei)I lui)d
Dcsign&lied fiind - ￿1{211] IIoLlSL biiilding
project
10.8.14,493
3,800,000
381,061
(190,091)
132.195
1578,120}
11,347,741)
3,U25,787
44.f ,9?5
445,925
14,6.14,493
184.968
14,819,461
RestriLled fiinils
135
{401
95
TOTAI. bllNDS
14,634,628
184.928
14,811),556
NL't movcmcnt in fiiiids, iiiLliidLd in Ihc above al'e ns loll<)Ivs'.
Iiicomiii
rcsoiirces
R¢'soiii'ces
exp¢i)de(I
Gdins an(1
losses
loi'eiiieiil
in I'Linds
(Inrib%triLted fiiii(Is
Gei)criTrl I'lind
9,024,199
(8,796,.1$81
(19(1,11941
153,22U
-381,Q(I I
{[ ()6,111).i)
9.024,200
18.992,4521
15.3,220
184.()68
Resti'ieteil fiin(l.$
Zc11i1bi¢i I'iii)d
27,015
127,0541
(40)
T()Til I, b IIND
9.051,215
(9,019,$071
153,220
184.928
Compar#tii'es (or mvi'ement in funds
Nel
Inui'eiiiciil
Tr&iiislei'5
bLIIvcLII
111 1.4.2?
Unrestricte(I fiiii(Is
Geiier<11 fiii)d
Dcsi¥niiieLI fiiiid - Bliildiiig developiiiei)I luiid
I l.0(Tr3,167
3,262.342
7,()70
85.3,117
{i$2.11).31
11,081.7911
1.089.7C) I
17.9701
10.8.14,49_1
3.80n.000
14.333.479
.101,014
14.634.4().3
Restl'iLteil fiiii(Is
Zaiiibla fui)d
135
TOTAI, FIIND.
14,3.33,-7.$9
.301.069
14,(}j4,()•S
<1¥¢ 28

The Loddon Founiljtioii Ltd
Notes lo the Finiqncial StAtements - ¢ontiiiiied
foi. the l'ear Ended 31st NIAreli 2024
21.
lovE￿IENT IN FIINDS- continueil
C.oniparative nel ii)oven)ent iii funds, inullided in the &bov¢ are £lS folloivs..
Incoming
r¥5oiirc¢s
R¢'soiirLL5
¢xpenilid
Moveinenl
in fiinds
losses
Vnreytrieted fiiiids
Genei'al fiii)d
Desi&inaled fliiid - Biiildiiig de¥'el()piiieiit fiiiid
8,731.609
17,814,118)
(552,103)
(64.-174)
853,117
{552,10.31
8,7.11,609
(8,166,221 }
(64,.3741
301,014
Reslrieted funcls
Zanibia fund
28,055
(28.nQOI
55
TOTAL FIIND(>
8,759,664
(8,394,221)
(64,-3741
-301,069
A Llirreiil ye<ir 12 months and pi'inr >'ear 12 moiiihs coinbined posili()n is &lS folloivs..
N¢t
beliveeii
liinds
Ai
Ai 1.4.22
(Iiirestricti'(I fiin(ly
GLiieral flind
I I,0(?3,167
.3,2()2,-342
7,970
1,2.34,178
(748,1961
(941),596)
511,641
(7,97111
11,347,749
3,025,787
DLsignalecl I'iiiid - I IL)rliLiIIILlI'al piojcLI fiind
prc)je¥l
44$ ()25
44.S,925
14,-1.33,479
485,982
14,819.461
Resli'icle<l fuiiil
/.aii)biii fui)d
80
95
'roi'AL F"UN DS
14,31.3,559
485 ()97
14.819,5$6
A ciiri'enl vecll. 12 1))oiitlis ciiid pri(Ii' veill. 12 111()nths Lonibined iiel iiioi'eiiieiit in ILllI(Is, iiiclLidc(l iii Il)e 1¢ bove llre J5
foll()IN'b'.
Re50111'LCS
expeiideil
Nloi'eiiieiit
rLs()Iii'LLs
1055es
Iliii'estricleil fuii(15
17.755.808
116.610.4761
1748,1971
8R,84C)
1.2.14,178
1748,1 ()6)
17.75.5.80()
117,358,67.31
¥8,846
485.982
Res11'icled fiiiid
111 nibi&i fiinil
i5,070
1Si.11551
I'OTAL FIINI)S
17.810,879
117,41.3.7281
88.846
485.997

The trfbddon Fouiiclatioi) Lid
Notes to the FinxnciAI StAt¢ments- eonlinued
for the Year Ended 3 1st iIIArcli 2024
21.
MOVF.fvIF.NT IN FIINDS- coiitinued
De.si£nated fiind _ Biiilding Developnient F'iind
The SLI)ool h<iS sel lip a dL5i¥llcltLd fiind to deinoiistrale to Ihircl P<iiliL'S Ilo¢al ?( Uthorilies) Ihe neLd lo gener<ile
siiri)Iiis e(Ich year in order lo modei'nise oiir fdLiliti¢'s.
DL'5i¥nclt¥cl flincl - M41in I1011se Buildiilg Project Fund
Tlie Scliool has sel lip a desigii&?led fiii)d io d¢in(Iiistr¢11e lo third parties IluiJl iiiiihorities) the i)eed to geiier&ile cl
surpliis eiich J'eai. in order lu rL5tvri and refiirbish tlie Inain hoLise on Ilie SLliool site.
r)esigiialed liind - Horliciiliiiral Project I,'und
Tlie Scliuol l)iTrd received a dui)cltioii froii) Dra}Jloii Wlai)oi' whicl) ￿¢75 iised lor the i)e¥%' oiiidoor classrooni.
Reslricled Fiii)d 7A4in)biil Fliiid
l-IIL' SLliool li<lS I'cieived specific don4ilic)ns for il.% aclivilies in Zaiiibi¢1. Where ILlI)LIs (ll'e di)11¢lled lor a si)ebiliL
pui'pose Il)ey are lleld ii) I'esli'iLled liiiids uiilil Élicy ¢ll'C spei)I tor Ilie piirpo.8e Il)c Joiioi. ii)lended.
22.
F.MPI.OYF.F. BF.NF.FIT OBI,ICIATIONS
ThL ¢harity parti¢ipai¢s in Ilie Teach¢i's' PLnsion Scheme (TPSI for ils leachii)g) slaff.
The I'l)S is Il stci111loi.y. ¢onlribiilorJ, defineil bLI)Lfil sclieine, govei'ned by the Teachers, Pensioii S¢heine RegFiilalj()i)s
2014. McinbLrship is Oli l& 1) opl oiil bilsis tcir l¢'41¢1)crs 111 the chai'ily.
'ri)e 'l'PS is iiii iiiiliiiided n)Lilii-eiiiployei' deliiicd bciictils peiisi0ii .8clieiiic goveriied b}. l-IIL I'e<icher%' PL1i5iOIiS
Reg?iilLllj{)iis ?{) l O {clS ciiiiciidLd) aiid -I'lie Te()cliei's' l)L'nsioii SLhciiic Rcglilalioiis ?014 {11.% Iiniciididl. Nleiiil)ei's
conlribLIIL' 11 PLrLciilagiL ()I' IliLii' salilly io Ilie .4¢h¢iii¢. C.()iilribiilioi)s Ii'oni Iii¢nibcrs 11 1)d Ilie enipl()yci' are ci'ediied t()
(he F.XLliequer. Reiii'enient aiid uihcr p¢iisi()n l)ei)elils are piiid b), PLiblic tliiids proviiled by P£irlian)¢iil.
I'lie peii8ii)n cl)£ll'b)e l(Ir ilie >'C&if iiicludcs Luiilriblilions payable l(} the 'l'PS u1.£71,000 (2023.. £64,80n).
Tli¢ ('.harilJ al80 11)akes coiili'ibiilioiis lo pcr5011al PLnsioii ai'raiigeiiieiil8 iii respeLI uf all stal'l-. (.oiili'ibuliuiis lo Ilies
sclILinLs fc)r Ihe year wLrL £186,000 (2023.. £154,000).
Und¢r thu d¢fii)ilions set oiit ii) l.'RS 102, the I'PS is an unfiindi(I niiilii-Lmplo!'ei' pei)sion sch¢ni¢. 'fh¢ (;l)ui'il)' has
uccoiinlid for ils conlribiilioiis lo thl schLniL ¢lS if il were a defiiied coiilribliiion s¢hL'n)¢.
All pensioii coiitribiilions (?iid li¢lbilities are ¢illoc¢ilcd to Lllll'eslricted ILinding, ,Is all staff ¢osis rL.141le ti) tlie genercil
opercltioii oltlie %cliool.
I'aluation of the Teachers, Pension Scheme
ordance 14.111) the Piiblic Ser¥'ic¢ Pei)5ioiis (Valuation5 4111d Eiiipluyer Cost Clip) Dii'eciioi)s 2014 piiblished by I IM
Ti-ea511ry { HN'ITI every IoLlI' yeiirs. Tlie ¢)im ol. Ilic rci'iLii' is to spcci ly il)c Icvel ul. cuiilribulioiis iiieii)bL'rs lire to i))Ilke.
The11ltest ViilL11£ IILIII piibli51ied oil 18 Septeiiiber 202.1.
I'lie lil test l1cliiiirial Viiliicilion ot tlie 'fp% c4iri.ied (1131 M£ir¥li 2020. T'lie i'dluiltioii rLI)()rl IVLiS puI)lislied b).
Ilie l)ei)(1rtiii¢nl lor F.diicalioii on 18 Seplenibei. ?02.3. TIIL key eleiiieiils ol. Il)L I'£ilui< tioll lt nd SLibseq(ienl Lollslilicilion
F.Inplo}'er conti'ibiitioii r<ltes 14 re s¢t to iiicreic se bv 50/0 fi-om 2.3.7;,0 10 28.70, fic)In I st April 20*4 of peiision%1ble P¢lJ
(incliisive o1.1< 0.08 /0 eii)plo>'er ailininisli'¢ilioii Lel'yl.
Tc)tal sclieine li11 bililies {peiis101)s ciiri'eiitli. in payiiiei)t ai)d Ilie esliiiialed cost ot tutiii'e beiielilsl lo Ilie eftcctii'e dale
of the ￿￿?[[latIO17 ol- £21Tr2 billioii. <iiid iiotioiial assets lesliiii¢11ed tiitiii'e ccinlribLIti011S t()gethei' ￿.1117 the iiolioiial
inveslnieiils lield al the valiiic lioii <11ile) of £222.2 billioi) giviiig a i)olioiici1 past service deficit 01-£26 billioii.

The Lod(lon Foundation Ltd
Notes to the Fin#ineial Statenlents - continiied
for the Year F.i)ded 3 1st rcli 2024
22.
EMPLOI'EE BENEFIT OBLIGATIONS- continiied
'I'hc Siipcrdiiniialiot) C'onlribiitions Adjiisled for Pclst F.xpei'ienve {SC.APE) discouiil rdlL, sei b!. HMT, is used to
determine the notiondl illVL'Stincnt rLlurii. 'I'hL LiirrLnt SL.APL I'aiL is 2.40/0 <1bove the I'al¢ of c'pi, oi) l£1 April 2024
this will Lhange lo 1.7°/0 1< bove Ilie rale of CPI. The assiimed real r1( le of ieliirn 15 2.40/0 in excess o)r priLes arid 20/0 Ill
exce55 of oarnin¥s. The i'l< le of real etiri)ings giowth is assiinied lo be 2.20/0. The assiim¢d iiomin¢il ratL' of rLkliirn is
The next valiialion ￿$Ll11 is diie tc7 be implemeiiled froni l April 2024.
A copy ol. tli¢ Vl¢ liidtioi) reporl ai)d SLlPPC)rtinLJ dociiiilentalioii is available on Ilie Te1( chers, P¢iision ii'cbsitc.
23.
CAPITAL CO￿1￿11T￿lE.NTs
2024
2023
('onlraLled biit not provided lor iii Ihe tll)klllCi£i1 slaleit)enls
3,068,787
3,827,000
The Capiliil ¢oininiln)enl is the divclopincnl cost lor Ihc fvlapl¢ Giok'L piop¢i'ly - pl)ase 2 ivorks. solai. panels ai)d Witi
acLess poinls.
24.
RF.I.,I'I'ED PAR"I'I' Dl.&iC.L()%IIRES
As ai 31 sl N.li& I'ch 2024 110 Iiinoiiiils were oived by rcli11cd Piifii¢'s120?.I.. £Nill.
Ti)lal (l()iialioiis rcceived Ir(Iiii 'l'i'iislc¢s ainviiiilLd IL7 LNil (202.3.. £29,ooni.
Pa&y¢ .31

The Lo(Idon Foun(14tion Ltd
Detailed Statenient of FinaJici&l Activities
for the l'ear Lnded 3 1st Nlai'ch 2024
2024
2023
INC".ONIF4 IIND ENDOWIIIENTS
Dvniitions
Don1¢ lions
Investment income
Rei)Is received
D¥posi( accoiit)t iiiterest
49,395
I l(),()61
56,730
22.920
166,056
7(),650
C.'lixrilable Activities
Opcr<l1iuiis ol- Ilie Scl)oc>l
Traii)ii)gi ai)d W()rk'sliopq
8,146,592
70.1,847
7.917,128
726,251
8,850,439
8,643.379
Otlilbr inconle
Gail) 01) sale of laiibFible fix¢d as5¢1S
1.598
Tolxl iiiioiiiiiig resi)iirce$
9,051,215
¥.7$1),664
EXPENDI-I'IIRb'
C'hiiritdl?le activitie.
WagFcs
Si)Lliil seciirily
Pci)SiL1115
(.'alerii)g
RalLs ¢iiid ¥i'aier
6,09.3,041
45.3,379
256,262
2.13,381
5,852,49.1
370,624
219,264
227,239
26.938
7.1,435
147.5$1
39,683
3¥,0.$8
74,1 l)2
215,500
30.094
Ligl)l ai)d l)e¢l1
Telc'phone
Posliig>L (1n(I stalioiiei?
Advcitisiiig
40,477
I U7,402
17.3.055
287,()15
10,148
41,290
.$6,035
125.69()
1,665
123.1122
14..301
79.637
.31).809
8,-S?().940
109,351
174.252
20().742
8,217
19,572
44.210
66.115
1.879
15.3,580
10,058
80,780
Cle¢lllll)
Rcp<iifs 411111 I'eiivi¥'¢115
Tr(i¥'el and 511bsisteiice
Siaft Iraiiiii)
Recruiliiieiil
C'on)piil¢r c()st.
C'loihii)
ResoiirLe.
Molur expeiises
Carried lorivlL rd
7,().3¥.1)1.I
T'liis pagTe d()t's not loi'm Pc1rt ot the staliitoi'y f1111c ncial slc1teinei)Is

The Loddon FouDdatioi) Lt(I
Detxiled Sialement of Finfincinl Activities
for Ilie l'ear Ln(led 31 sl Nli)i'cl1 2024
2024
2023
ChariÉ#ble activities
Brouglil lonvard
Depreci<ilioii of Ireehold property
DeprLLialioii of iinprov¢mLnt5 lo property
Depreciali()n of- fixliire.s & fittings
DLpreci(?lioii of mcilor vehicles
DeprLLliilic)ii ot'compul¢i' L(ILliPli)eiit
8,5?9.240
160.078
72,965
2,853
16.379
8,718
7.918,911
161,777
72 1)65
8,1?17
8,790,213
8,201,452
Sui)i)oi'l eo$ts
"inknee
Oil)er oiiei'lc tiiig) leases
15,564
12,927
Otliei.
7n,826
45,068
45,96?
49,535
Sialy ben¢ fits
11.S,894
95,497
Governance ¢ostS
20,80.1
77,013
.L'g<il fccs
97,816
84,-145
Tiilal rcsolirces cxpeiiLled
9,011).507
8,-394,221
Net incoiiie beforL giiiiis Mii(I losses
-31,708
365,443
Reiiliseil rL'tO%lllSL'd gilills ))iiil l<).sse$
RL$11i5ed g¥aiiisill£)%sLs101) lixed <lssII iiivLsliiieiilS
15.3.220
{(14,374
Nei lii¢oiiie
184,928
301,069
'rhis Pic bye Iloes not loi'm part ol-Ili¢ statiitoi'y finaiiii1( l stilteiiienls