THE LINN FOUNDATION SCOTTISH CHARITY NUMBER: SC051500 TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2026 THE LINN FOUNDATION TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2026 Contents Page Trustees, Report Statement of Receipts and Payments and Ststement of Balances Notes to the accounts Independent Examiner's Report to the Trustees of The Linn Foundation THE LINN FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 JANUARY 2026 The trustees have pleasure in presenting their report together with the financial statements for the year ended 31 January 2026. Structure Governance and Mana ement Constitution The charity is Scottish Charitable Incorporated Organisalion la SCIOI, and the purposes and adminislralion arrangements are set out in the charity's conslilulion. The charity was registered with OSCR on 13 January 2022. Recruitment and appointment of trustees The current trustees were appointed on incorporation of the SCIO. The board may (subject to ￿rtain clauses within the constilutionl al any time appoint any person to be a charity trustee - by way of a resolution passed by majority vole al a board meeting. Ob ectives and activities Charitable purposes The SCIO seeks lo harness, and maximise the effectiveness of, the efforts of Linn Products Limited and ils partners and staff lindividually and collectively) in raising funds, volunteering andlor otherwise supporbng organisations, initiatives and events which further any one or more of the following aims.. the prevention or relief of poverty., the advancement of education., the advancement of health., the advancement of citizenship or community development., the advancement of the arts, heritsge, culture or Scien￿,. the advancement of public participation in sport., the provision of recreational facilities, or the organisation of recreational activities with the object of improving the conditions of life for the persons for whom the fa¢ilities or activities are primarily intended., the promotion of equality and diversity., the advancement of environmental protection or improvement., or the relief of those in need by reason of age, ill-heallh, disability, financial hardship or other disadvantage through the provision of financial support. Activities The charity has been donating lo other charitable organisations on behalf of the charitable interest of the employees of Linn Products Limited. Achievements and performance £44,021 (2025.. £83,692) of grants were paid to other charitable organisations during the year. Flnanclal revlew During the year, the charity received donations of £30,000 (2025.. £80,000) and received bank interest of £211 (2025.. £412). The charity made donations lo other charitsble organisations of £44,021 12025.. £82,692) and incurred bank charges of £60 (2025.. £61). The charity did not incur any other expenditure during the year (2025.. £7,007). The independent examination fee of £1,600 (exc VATI (2025.. £1,500) is paid on behalf of the charity by Linn Products Limited. Al the end of the period the bank accounts held £9,620 (2025.. £23,490J. THE LINN FOUNDATION TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JANUARY 2026 Reserves The charity has unrestricted reserves of £9,620 which is considered sufficient as the charty has minimal running costs. Plans for future perlod The trustees will look to increase the fundraising activities of the charity so it can support more beneficiaries. Reference and Administrative Information Scottish Charity Number.. SC051500 Trustees: Gilad Tiefenbrun Anthony Owens Craig McDermid Registered address- Glasgow Road Walerfoot Eaglesham Glasgow G76 OEQ Approved by the trustees and signed on their behalf by.. Anthony Owens Trusteg Date: 20 May 2026 THE LINN FOUNDATION STATEMENT OF RECEIPTS AND PAYMENTS AND STATEMENTS OF BALANCES FOR THE YEAR ENDED 31 JANUARY 2026 2026 Unrestricted Funds 2026 2025 Total Unrestricted Funds Funds 2025 Total Funds Receipts Donations received Bank interest 30,000 211 30,000 211 80.000 412 80,000 472 30,211 30,211 80,412 80,412 Payments Donations lo other charitable organisalions 144,0211 1601 144,0211 {601 (83,692) (61) (1,001) (83,692) (61) (1,001) Bank charges Other expenditure 144,0811 144,0811 (84, 754) (84, 754) Deficit and net movement in funds 113,8701 113,8701 (4,342) (4,352) Statement of Balances as at 31 January 2026 2026 2025 Bank and cash in hand Opening balances Deficit and net movement in funds 23,490 {13,870) 27,832 (4,342) Closlng balanees 9,620 23,490 Represented by.. CAF Cash Account CAF Gold Account 395 9,225 12,960 10,530 9,620 23,490 RgSgIVgS Unrestricted Fund 9,620 23,490 Approved by the trustees and signed on their behalf by.. Anthony Owens Trustee Date- 20 May 2026 THE LINN FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2026 1. Basls of accountlng These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment {Scotlandl Act 2005 and the Charities Accounts IScolland} Regulations 2006 las amended). 2. Nature and purpose of funds Unrestricted funds are those that may be used at the discretion ofthe trustees in furtherance ofthe objects of the charity. 3. Related party transactlons Donations of £1,391 (2025.. £22,916) were made by the charity to another charity in which one of the charity's trustees is also a trustee of. Linn Products Limited, a company in which the trustees are key management personnel of, made donations of £30,000 (2025,. £80,OOOJ in the year lo the charity. The independent examination fee of £1,600 exc VAT (2025.. £7,500) is paid on behalf of the charity by Linn Products Limited. 4. Trustee remuneration and expenses The trustees received no remuneration during the period (2025.. £nil). The trustees were reimbursed for no expenses (2025.. £nil). 5. Governance costs The independent examination fee of £1,600 exc VAT (2025.- £1,500) is paid on behalf of the charity by Linn Products Limited. 6. Donations received 2026 Unrestricted Funds 2026 Total Funds 2025 Unrestricted Funds 2025 Total Funds Linn Products Limited 30,000 30,000 80,000 80,000 7. Donatlons to other charltable organlsatlons 2026 Unrestricted Funds 2026 Total Funds 2025 Unrestricted Funds 2025 Total Funds Donations made 44,021 44,021 83,692 83,692 A total of 45 (2025.- 41) individual donations were paid to 42 (2025.. 39) organisations in the year. These donations were lo organisalions with a range of charitable objectives including the provision of education, the provision of health and wellbeing servi￿$ and the provision of support services lo those suffering ill health. Donations were also made to charities seeking lo end discrimination. THE LINN FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LINN FOUNDATION FOR THE YEAR ENDED 31 JANUARY 2026 I report on the accounts of the charity for the year ended 31 January 2026, which include the ststemenl of receipts and payments, statement of balances and related notes. Respectlve responslbllltles of the trustees and the Independent Examlner The charity's Iruslees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment {Scollandl Act 2005 and the Charities Accounts (Scolland) Regulations 2006 las amended). The charity Iruslees consider that the audit requirement of Regulation 10111 Idl of the 2006 Accounts Regulations does not apply. It is my responsibility lo examine the accounts as required under section 44111 {c} of the Act and lo slate whether particular matters have come to my attention. Basis of Independent Examiner's ststement My examination is carried out in accordan￿ with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, I do not express an audit opinion on the view given by the accounts. Independent Examiner's statement In the course of my ex8min8tion, no matter has come to my attention.. which gives me reasonable cause to believe th81 in any m8teri81 respect the requirements.. to keep accounting records in accordance with Section 44111 lal of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations lo prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been mel, or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Paul Hutchison ACA Independent Examiner Azels Audit Services Quay 2 139 Fountainbridge Edinburgh EH3 9QG Date: 26 May 2026