THE THOMAS WILSON EDUCATIONAL TRUST TRUSTEES REPORT AND RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024 Charity Number 1003771 THE THOMAS WILSON EDUCATIONAL TRUST TRUSTEES REPORT AND RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024 Contents Page Trustees report Report of the Independent Examiner Receipts and payments accounts THE THOMAS WILSON EDUCATIONAL TRUST TRUSTEES REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024 Reference and Administrative Information Charity name The Thomas Wilson Educational Trust Charity registration number 1003771 Principal addre55 94 Oldfield Road, Hampton, TW12 2HR Trustees Rev D Stockford Mrs S Kay Mr M Collins (Appointed 13th April 2024) Independent Examiners JCS Accountants Limited, 5 Robin Hood Lane, Sutton, Surrey SM1 2SW Structure, Governance and Management The Charity is constituted as a trust and is governed by a Trust Deed dated 5 November 1990. Trustees are ex-officio Minister and wardens of Christ Church, Teddington. The Trustees are responsible for the day to day running of the Trust and considered key management personnel along with the secretary. Objectives and Activities The principal purpose of the Trust is to promote the Education of persons under 25 who are resident in the area of Teddington, Richmond-upon-Thames, Surrey The Trust grants financial assistance to students undertaking Courses at University or Higher Education Establishments and also children of School age where there is financial need. The trustees have read the Commission's Public Benefit requirement statutory guidance and have had regard to this when running the charity. Achievements and Performance In 2024, 26 awards were granted133 in 2023) and feedback from the recipients of these grants indicate how helpful these have been. Typical of the feedback is an update from a beneficiary, the grant to whom enabled them to take the first steps in the professional ballet career, who wrote, I'm so grateful for your support in helping me get to where l am today. I really couldn't have done it without your help. Another student, who's grant enabled them to secure a sixth form place with a music specialism also indicated their delight at what they had been able to achieve with the Trust s help. Pupils of School age have received grants for extra-curricular activities including School Trips, equipment and other essentials and where there was financial need. THE THOMAS WILSON EDUCATIONAL TRUST TRUSTEES REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024 Financial review In the year, the Trust had an income of £239,289 with £91,738 expenditure. Cash funds totalling £498,332 were held at the end of the year. Quarterly rentals were paid in full and on time, plus the lessees proportion of the Buildings Insurance. Reserves are held for the purposes of the upkeep of the 'Dame School, building for which TWET is responsible and so that, should the lessees leave, the Trust can continue to award grant5 in any interregnum. The lease for the building has been renegotiated by the Managing Agent on the Trust's behalf for another 15 years with a suitable increase included. Maintenance of the 'Dame School, building has continued to be monitored during the year and work carried out, where necessary. The Trust has continued its efforts to promote its work and invite applications for grants, actively promoting its work to schools. The planned website's design and creation has been completed and the site is now fully operational. It is hoped this will allow the work of the Trust to be discovered through internet searches, resulting in an increase in applications. Efforts to promote the Trust's work will continue in the coming year. ON BEHALF OF THE TRUSTEES Revd D F Stockford Date.. THE THOMAS WILSON EDUCATIONAL TRUST INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THOMAS WILSON EDUCATIONAL TRUST I rei)ort to the trustees on my exaiiiiiiation of the. accoLlllts of the cliarity for the ye3r endecl 31 December 2024 set out on pages 4 to S. Responsibilities and basis of report As the charity s trustees YOLI al'e responsible lor the pi'pparaliori of the acpount< In accordaiice witl-l the reqLJireinents of tlie Cliai'ities Act 2011 I'the Act) I I'eport in respect of niy examination of your charity'e ac.counts a¢ cai'i-ied OLIt Liiider seclioii 145 of Ilie Act. In carryiiig out my examiiiatioii I have followed all the api)Iicable Diieclioi'is giveii by Ilie Cliarity Coiiiiiiissioii uiider sectioii 14 5 j5)jb) of tlie ?Q7 l Act. Independent examiner's statement I have completed niy examination. I conlirm that iio malerial Inallers have come. to my attention in coniiection with the exainiiiation giving me CaLise to believe tliat in any material respert.. accouiitiiig records were not kept in I'espect of the Cliai ily as reqLiired by section 130 of tlip Act,, or the accounts do iiot accord with Iho