2024-12-31-accounts

Trustees. Annual Report-The Clrcle Learning Foundation {SC0523161 Forthe year ended 31 December 2024 From Professor KirstyThomson, Chair This has been a year of foundation buildingior The Circle Learning Foundation. Sknce achieving registered charity status on 10 February 2023. our work has focused on developing the necessary structures, including our organisational branding, and skibmitting funding applications to support our future programmes. While we werE unfortunately unsuccessf ul in securing funding this year, these ellorts have been an important step in clarifying our approach and strengthening our organisational readiness. During the year. the trustees have also worked to develop a clear long-term strategy. This forward plan sets out our priorities and underpins our vision for delivery. We are now firmly focused on 2026 as the anticipated start of our charitable work, ensuring that the organisation is fully prepared and sustainable when activities begin. The trustees remain committed to the objective5 of The Circle Learning Foundation and are grateful for the support and guidance received to date. Professor Kirsty Thomson

' l K * Circle Learning Foundation Receipts and ments accounts SC 052316 ncr OSCR FN lh• p•rfod ￿￿JIllAt￿T 01 ?0?4 Section A Statement ol receipts and payments Uiiftttritlta Rtstnctsd EJpÈna4￿è Perm•rbent fvn Al R•c•l t)onotKbns L•giCI Gianti Ir(omè trom Ollw i Renl• ITllrn ￿rtd & ross (K•iO1 trom Otyhvch•ri4td• ¢tiYrtx A2 R•c•lF4• Irom ••••t & Pr(wd• IIM•ou•I rK•lpts AJ P•yrNfits Ex9trisei f¢¥ furthty¢b¥th• GTu• lrndty pyNnti Inves￿1 m•n•g•ffwt coJlJ Gov•rn4ru cJJs 11 IrthF•idvnt Pr•F•r•tM d Innl￿ ￿¢￿nIs A3s¥b￿ A4 Pym•nkn r•l•Vrlg 10 48••t Ind Ithvvdtm•nt mo•m•rf• PulCha5•$ 0111i¢4 •sse Purch••• rl A￿sUb￿ T￿11P•￿tI A6 Tr•Ml•rn to l{Iromi lund¥ SwWus/(tl•ftcW

sc 052316 Soctirjn B Statement of balances V11 CIAh b•r* ￿•r(w4•1 ot5 100 100 100 110•￿1￿ IhrrAoonMc•iPts 100 100 100 LMi¥ •ppm 0117125 ' ryaf•. OSCR tylhilor tF•d J￿n￿r￿1

APPENDIX 2 SC 052316 Section C Notes to the Accounts C1 Na¢ur• and purpo¥• ol funds (may be sl&t6d C2 Grants TLx•I C3a Tru8t•o rgmun•ratlon trusiee cros5 thLs box 3bl AiJlhorNy iin¥or paMI C3b Tr￿ts• rnmun•r*ion- d￿11% C4a Trustw •xp•n¥•s C4b TnMto• •xp•rw. details l•nd CS Transactior￿ trust••s and connoctod persons C6 Othor Inforni•tlon

APPEND￿? sc052316 Additional analysi$111 An￿￿10f r•c•ipts EApDr&tslv nrJ Totil rblld Tolal P•nMMrt Taknl W r•M Tolil Trrt41

IPPE￿￿Al sc 052316 Additional analysis121 6 41 unT•1￿1•d I￿ndS To Gr￿ RK• GrO&&Ir￿ Ltylll ¢Olf Trnn*tsr•l•l 1fr￿luN￿a Il•lurv4od fu To support activities once charitable activities commence r 2tyJT

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Independent Examiner's Reporl to the Trustees of The Circle Learning Foundation fiCIO or Ihe Year F.ndcd 31 DeLember ?024 Respective responsibili¢i¢s of trustees and ex4min¢r Th¢ charity's truslLes are resFK)nsible for ihe preparation ol- the accounts in accordance with Ihc rL'quiremLnt% ol. thL L'harilies and TruslLY Ini'¢stmenl l%ccitlandl Aci 2005 and the C'harilies ALCI)unis ISLc>iland) Rebiulalic)ns 21)06 (as amLndeJ). I hav¢ b¢en appoinled &s Ihc independenl examiner ol- l-hc C'ircle l.earning Foundalii)n gC'I() io Liwry. ()ul an L'xaminaliiin ol- Ihc aLL(iuni% as rLquifLd undL'r sL'¢lii)n 4411 Ilcl i)l-thL. C'hhrilies Ind Tru%l¢L InN'L%imLnl l %Loilandl ALI 7005 and in aLC1)rd(￿L¢. V¥ith KL'byulalion I I c)l-tl c'h￿111(.4 AL¢iJunis {SLoilÉind) RLg?ul&ilic)ns ?1)06. IJA%i8 of independent examiner's stalemen¢ My Lx(Iminiilii)n IS LarriLd oul in aLLC)rdancL w'iih R¢bpulaiii)n I l ol-IhL C'h41riiieN ALL(iuni I%ct)Il(Ind l RLgiulali()nN ?006. An Lxaminalii)n inLludcs a rL'VIL W ()f ihL 4lLL()untingT rLLC)rds kLpI by thL Lharil). and a L()mpari%iin i)l- IhL' aLL()uni4 prL'K'nl¢d wilh IhiiK rLLC)rd%. 11 al%1 inLludLS Ll)nsidLf411ii)n ()l- any unu%ual itLms ()r discli)surLs in IhL acci)unls and sccking, cxplanalii)n.s Iri)m Ihe Iru%lccs conccrninb? any such mattL'rs. l-he pr()cL'dureN undLrtakLn do nol provide all thc ci'idenLe ihat ￿oUld bc rcquirc'd in an audit. and consL'qULnil)'. I dii niil Lxpress an audit i)pinic)n L)n thL I'ILW gijN'Ln bv Ihc ilLL(iuni%. dependenl examin¢r'8 statement In connection wilh my cxaminaiion. l Lan conlirni ihal.. the accounts lor thc ￿nIx1 undLr revie￿. are -nil- arrounts li.e.. no financial transaclions were r¢Yc)rdLd fc)r Ihe peri(MJ Irom Lsliiblishmenl li) 31 1)eccmbcr 20241. thL acLc)unts arc in agTrc¢m¢'nt H iih the acci)unlingi rc¢i)rd% k'Lpl b). IhL' Lharity. no material issuc5 or conccrns hai'L Lome lo mi. allenli()n durinbb the LoufSL of my Lxamination. in m). opinion. the accounis cc)mpl)' th'iih the C'haritiLS and I ruslLI' InvL'slmL'nl 1Scoiland) Aci 2005 and ih¢ Charilies Accounts l %cc)Iland l RLgulations 21106. Conelusiun

As Iherc wcrc no financial a¢liviii¢s recorded lor ihe Year LndLd 31 DeCeM￿r ?0?4. based on m￿. examinali()n. I dm sali51ied Ihal ni) lurthcr aclions or disclosures arc rcqul￿d in the dLCI)unts lor the peri￿.