G.W. Staniforth Charity
For the year ended 31 March 2025
Charity Number 1048890

G.W. Staniforth Charity
Financial statements
Year ended 31 March 2025
CONTENTS
Page No.
Trustees, Annual Report
Independent Examiner's Report
statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9-18

G.W. Staniforth Charity
Report of the Trustees
Year ended 31 March 2025
The board of management a￿1 trustee present their report and the unaudited financial
statements of the Charity forthe year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in
notes to the accounts and comply with the Charity's governing document, the Charities Act 2011
and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland published in October 2019.
Reference and administration details
G.W. Staniforth Charity is also known by the working name of G W Staniforth Trust and is a
registered Charity, number 1048890.
Address of Charity
King's House
King Street
Thetford Norfolk
IP24 2AP
Trustee
The sole corporate trustee is Thetford Town Council. Day-to-day responsibility for the charity is
delegated by the corporate twstee to a board of management.
Board of management
The board of management appointed by the corporate trustee consists of six nominated Thetford
Town Councillors togetherwith three Co-opted board members. who atthe date of signing this report
are as follows..
Nominated Councillors of Thetford Town Council-
A Blackbourn
D Blackbourn
C Harvey (appointed 30 July 2024)
T Jermy (resigned 30 July 2024)
T Land
M Stirrup
S Wright (Chair)
Co-opted members:
P Pearson
J Willett
M Robinson (Vice-chair)
The Clerk to the board of management is H MacDonald.

G.W. Staniforth Charity
Report of the Trustees (continued)
Year ended 31 March 2025
Reference and administration details
Banker
Unity Trust Bank
Four Brindleyplace
Birmingham
B12JB
Investment Adviser
Barratt and Cooke
5 Opie Street
Norwich
NR13DW
Independent Examiner
A Robinson FCA
Lovewell Blake LLP
Chartered Accountants
First Floor Suite
2 Hillside Business Park
Bury St Edmunds
IP32 7EA
Objectives and activities
The Charity was established by the will of George Wild Staniforth dated 12 June 1946 and
subsequently proved at the principal probate registry on 25 June 1949 following his death in 1947.
The Charity presides over the collection of books and miscellaneous objects bequeathed by GW
Staniforth and maintains King's House, the attached cottage and small office complex and King's
House Gardens for the benefit of the town's people of Thetford.
The House, Gardens and the Collection were bequeathed to the Mayor, Alderman and Burgesses
of the Borough of Thefford in 1946. Subsequently, additional land and walls to the rear of the
gardens were transferred to the Charity, enabling the gardens to be extended.
With the introduction of local government changes in 1974, the Charity became the responsibility of
Thetford Town Council. The Charity was registered with the Charity Commission on 26 August 1995
under ils current registration number 1048890.
In December 2014, the Charity made application to the Charity Commission for a newfully regulating
Scheme. In 2016, the new scheme was established. Administrative amendments to the scheme
were agreed by the trustee on 30 July 2023 and subsequently accepted by the Commission and
updated on the register of charities.
In December 2023. Thetford Town Council, the sole corporate trustee, delegated oversight of the
day-to-day running of the Charity to a management board of six town councillors and three co-opted
independent members.
The Gardens are open to the public every day of the year (except Christmas Day, Boxing Day and
New Year's Day). There is public access to the Multi Use Games Area (MUGA) at agreed times.
King's House, which comprises of seven offices for leasing to local businesses, is open for public
access during office hours.

G.W. Stanlforth Charity
Report of the Trustees (continued)
Year ended 31 March 2025
In shaping our objectives for the year and planning our activities, the trustees have considered the
Charity Commission's guidan￿ on Public Benefit including The Public Benefit Requirement (PBI),
Running a Charity {PB2) and Reporting (PB3).
The board of management and the trustee confirm that they have complied with the duty in seGtion
4 of the Charities Act 2011.
Achievements and perfomiance
Except for closures for essential maintenance. the King's House Gardens have been open to the
public throughout the year. Thettord Town Council on behalf of the Charity has continued to hire the
services of an external contractor to maintain the Gardens.
The Thetford Netball Club has good use of the facilities in the Gardens for the people of Thetford
during the year. Licence agreements with the Netball Club and Bush Adventures UK, a Community
Interest Company making use of The Wild Space, were both renewed. Sadly, the GW Staniforth
Bowls Club, first established in 1951. closed on 31st December and an alternative use for the
Pavilion and the Bowling Green is now being soughl.
Considerable Maintenan￿ work was undertaken to ￿"ng'S House during the year, including
alterations to facilitate the upgrading of fire safety throughout the building.
Rental income generated by King's House, the Cottage and the Annex provide much-needed funds
for the upkeep of the Charity's assets and considerable work was undertaken during the year to
market and promote unoccupied offices within King's House. Six of the seven offices are now
tenanted. The remaining vacanl office. recently renovaled. is currently being marketed.
King's House Cottage and the small office complex adjoining the cottage (the Annex). were leased
throughout the year.
Financial review
The results for the year are set out within these statements of financial activities. The deficit on funds
amounted to £62.907 (2024: £67,708) and is due to increased maintenance costs and the lower
rental and investment income received during the year. After the impairment of land and free
property, the deficit on funds amounted to £573,907 (2024: £67,708).
The board of management and the trustee consider the year-end position to be in line with
expectations.
Reserves
The propety and endowment funds at 31 March 2025 amounted to £650,000 and £831,073
respectively {2024'. £1,161,000 and £893.179). The property fund consists of the property owned by
the Charity and is held at market value. The endowment fund was established for the maintenance,
care and upkeep of the King's House and Gardens.
The unrestricted funds at 31 March 2025 amounted to £10.693 (2024.. £11,494).
Although the Charity has no formal reserves policy, the board and the trustee consider that the
unrestricted funds, taking into account the balance in the endowment fund which is to meet any
unforeseen costs for maintenance, care or upkeep. are sufficient to meet the day-to-day needs of
the Charity in the medium term.

G.W. Staniforth Charity
Report of the Trustees (continued)
Year ended 31 March 2025
True and fair override
The financial statements have been prepared to give a "true and faif, view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true
and fair view This departure has involved following the Accounting and Reporting by Charities..
Slalement of Recommended Pracb'ce applicable in the UK and Republic of Ireland issued in October
2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice
from 1 April 2005 which has since been withdrawn.
Investment policy
The Charity derives a significant amount of its income from investments portfolio which has a market
value at 31 March 2025 of £727.198 (2024: £756.789). The Charity has investment portfolios.,
a charity fund portfolio of mainly UK-listed equities designed to provide good long-term income and
total return with M&G Investments and a portfolio with focus on equity investments managed by
Barratt & Cooke within their Fund Portfolio SeNice for those investing with 'smaller sums. The
Charity has an Investment Policy, which is reviewed regularly and sets out the Charity's approach
to investment.
Rlsk management
The board of management has reviewed the major rtsks to which the Charity is exposed and where
appropriate. systems or procedures have been established to mitigate the risks the Charity faces.
As is the case for many charities. funding represenls a major risk to the stability of the Charity. In
addressing this risk, the board of management has commissioned a repairs and maintenance
surveyors report to determine the likely expenditure required for work to King's House. The board
have also mel to develop ideas for future income streams and have agreed to appoint an adviser to
explore these further and to help in determining the future sustainability of the Charity.
Plans for the future
Planning for a sustainable future will be the focus of the board during the year ahead.
With confirmation that the Thetford Heritage Masterplan does nol include King's House, the Charity
will need to rely on grant funding for the maintenance and any further development of King's House
and the initial scoping for the restoration, storage and display of the GW Staniforth collection of
books and miscellaneous objects. To this end a fundraising plan will be developed.
The board of management and the trustee have become increasingly concerned with the high costs
associated with the upkeep of King's House and Gardens. To fund the necessary immediate work
for King's House, application was made to the Charity Commission to draw down £250,000 from the
permanent endowment. Whilst the application was successful, the board and the trustee remain
acutely aware that the maintenance of such a historic building could if additional sources of income
cannot be found, deplete the remaining permanenl endowment.
Therefore, further to the repairs and maintenance survey CLJrrently being undertaken, an adviser will
be appointed to explore sustainable income generation ideas.
Work is also to be undertaken on the restoration of the King's House Gardens, which will include a
fundraising plan, a planting scheme and the recruitment and coordination of local volunteeis

G.W. Stanlforth Charity
Report of the Trustees {continued)
Year ended 31 March 2025
The board of management and the trustee declare that they have approved the report above
in accordance with the Charity's governing document.
Structure, governance and management
The Charity is a trust, and the sole corporate trustee is Thetford Town Council. A board of
management consisting of six counci1Sors of Thetford Town Council together with three co-opted
members, has oversight of the day-to-day running ofthe Charity. The co-opted members are elected
by the Thetford Town Council. Not all decisions can be made by the management board and those
matters reseNed for the trustee are documented in the Charity's standing orders.
On appointment, all board members are provided with a welcome pack that includes the Charity's
governing documenl and standing orders, togelher with the Charity Commission's Guidelines for
Trustees and a copy of the latest accounts. The Charity maintains a register of interests for all Board
members.
In October 2023, the Charity appointed a dedicated clerk to support the board of management. A
lease sub-group was formed in March 2024 to oversee the development of lease and license
agreements prior to these documents being presented to the board and the trustee for approval.
A governance review undertaken by the Charity in 2004 produced a new governing document and
standing orders setting out various administrative procedures and new policies and procedures.
Independent examiner reappointment
A resolution to appoint A Robinson FCA of Lovewell Blake LLP as independent examiner will be
proposed in accordance with the annual agenda at the third scheduled quarterly meeting of the
management board.
Signed on behalf of the Charity's board of management..
S Wright, Chair
M Robinson, Vice Chair

G.W. Staniforth Charity
Independent examiner's report to the Trustees of G.W. Staniforth Charity
Year ended 31 March 2025
I report to the Charity trustee on my examination of the financial statements of the Charity for the year
ended 31 March 2025 which comprise the statement of financial activities, balance sheet and the
related notes.
ResponsibS1ities and basis of report
As the Charity's corporate trustee, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 ('the Act.).
I report in respect of my examination of the Chartty's accounts carried out under section 145 of the
Act and in carrying out my examination I havefollowed all the applicable Directions given by the Charity
Commission under section 145(5){b) of the Act.
Independent examiner's statement
I have completed my examination. I confimi that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the Charity as required by section 130 of the
the financial statements do not accord with those records,. or
the financial statements do not comply with the applicable requirements concerning the form
and contenl of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the aGcounts give a 'lrue and fairf view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection wilh the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Your attention is drawn to the fact that the Charity has prepared the accounts (financial statements)
in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting
by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the
extant regulations but has since been withdravrfn.
l understand that this has been done in order for the accounts to provide a true and fair view in
accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning
on or after 1 January 2015.
A Robinson FCA
Independent Examiner
Lovewell Blake LLP
Chartered accountants
First Floor Suite
2 Hillside Business Park
Bury St Edmunds
IP32 7EA
1&11211)2r

G.W. Staniforth Charity
statement of financial activities
Year ended 31 March 2025
Unrestricted
Funds
Property
Funds
Endowment
Funds
Total
2025
Total
2024
Notes
Income and endowmenls
from:
Charitable activities
53,495
53,495
34,389
Investment income
38,932
38,932
37,545
Total income
92,427
Expenditure on:
Charitable activities
178,228
178,228
131,128
Total expenditure
178 228
178,228
131,128
Gainsl(Losses) on
investments
Net Incomel (Expenditure)
22,894
22,894
22,894
(62,907)
8,514
(67,7081
(85,801)
Transfers
Revaluation of fixed assets
85.000
(85,000)
511.000
511000
Net movement in funds
{801)
(511.000)
(62,106)
{573,907)
(67,708)
Reconciliation of funds
Total funds brought forward
11,494
1.161,000
893,179
2,065,673
2,133 381
Total funds carried fO￿ard
650,000
831,073
1,491,766
2,065,673
The notes on pages 12 to 18 form an integral part of these accounts

G.W. Staniforth Charity
Balance sheet
Year ended 31 March 2025
2025
2024
Notes
Flxed assets
Tangible fixed as5els
650,409
1,161,499
Inveslments
863,588
893,179
1,513,997
2,054,678
Current assets
Debtors
10
11,780
12,682
Bank
65,888
38.713
77,668
51,395
Current liabilities
Creditors.. amounts falling due within one year
11
(99,899)
(40,4001
Nel current (liabililies)lassets
22,231
Net assets
1,491,766
2,065,673
Funds of the Charity
Endowment fund
12
831,073
893,179
Property fund
12
650,000
1.161,000
Unrestricted funds
13
10,693
11,494
Total Charity fijnds
1.491,766
2 065 673
These financial statements were approved by the board of Trustees and authorised
for issue on 17 December 2025 an
are signed on behalf of the board by:
S Wright
Chair
M Robinson
VI￿ Chair
The notes on pages 12 to 18 form an integral part of these accounts

G.W. Staniforth Charity
Notes to the financial statements
Year ended 31 March 2025
General information
The Charity is a registered Charity in England and Wales and is unincorporated. The address of
the Charity is Kings House, King Street. Thetford, Norfolk, IP24 2AP.
Statement of compliance
The Charity constitutes a public benefit entity as defined by FRS 102. The financial statements
have been prepared in accordance with Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October
2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland
(FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The financial statements have been prepared to give a 'trLJe and fairf view and have departed
from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to
provide a'true and fairview.. This departure has involved following the Accounting and Reporting
by Charities-. Statement of Recommended Practice applicable to charitie5 preparing their
accounts in accordancewith the Financial Reporting Standard applicable in the UK and Republic
of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities:
Statement of Recommended Practice effective from l April 2005 which has since been
withdrawn.
Accounting pollcles
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities measured at fair value thiough income or
expenditure.
The financial statements are prepared in sterling. which is the functional currency of the entity,
and rounded to the nearest pound.
Going concern
The financial statements have been prepared on a going concern basis as the Trustees believe
that no material uncertainties exist. The Trustees have considered the level of funds held and the
expected level of income and expenditure for 12 months from authorising these financial
statements. The budgeted income and expenditure is sufficient with the level of reserves for the
Charity to be able to continue as a going concern.
Fund accountlng
General funds are unrestricted funds which are available for use atthe discretion of the Trustees
in furtherance of the general objectives of the Charity and which have not been designated for
other purposes.

G.W. Staniforth Charity
Notes to the financial statements (continued)
Year ended 31 March 2025
Designated funds where applicable are unrestricted funds earmarked by the Trustees to further
any of the charity's purposes.
Restricted funds where applicable are subjected to restrictions on their expenditure declared by
the donor orthrough the terms of an appeal and fall into one oftwo sub-classes.. restricted income
funds or endowment funds.
Endowment funds represent those assets which were bequeathed to the Charity. Any capital
gains or losses arising on the assets form part of the fund. Income arising on the endowment
funds can be used in accordance with the objects of the Charty and is included as unrestricted
income.
Income
All income is included in the Statement of Financial Activities (SOFA) when the Charity is legally
entitled to the inGome after any performance conditions have been met, the amount can be
measured reliably and it is probable that the income will be received. The following specific
policies are applied to particular categories of income:
Donations and legacies are included in full in the SOFA when receivable. Grants, where
entitlement is not conditional on the delivery of a specific performance by the Charity, are
recognised when the Charity becomes unconditionally entitled to the grant.
Income from contracts for the supply of services is recognised wtth the delivery ofthe contracted
service. This is classified as unrestricted funds unless there is a contractual requirement for it to
be spent on a particular purpose and returned if unspent, in which case it may be regarded as
restricted.
Investment income is included when receivable. Investment income from the endowment fund is
unrestricted.
Expenditure
Expenditure is recognised on an accrual basis as a liability is incurred.
Charitable expenditure comprises those costs incurred by the Charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated directly to
such sctivities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory
requirements of the Charity and include costs of the preparation and examination of statutory
accounts and cost of any legal advice to Trustees on governance or constilutional matters.
Tangible assets
Tangible assets are initially recorded at cost and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are reGorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
io

G.W. Staniforth Charity
Notes to the financlal statements (continued)
Year ended 31 March 2025
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless Ft reverses a charge for impairmentthat has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
drnount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Freehold property is held at fair value and land is not deprecated.
Depreciation
Depreciation is calculated so as to write off the cost orvaluation of an asset, less its residual value,
over the useful economic life of that asset as follows:
Equipment
- 25'A reducing balan
Financial instruments
A financial asset or a financial liabiltty is recognised only when the entity becomes a party
to the contractual provisions of the instrument.
Basic financial instnjments are initially recognised at the amount receivable Of payable including
any related transaction costs, unless the arrangement constitutes a financing transaction, where
it is recognised at the present value of the future payments discounted at a market rate of interest
for a similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any
accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in the
statement of Financial Activities.
li

G.W. Staniforth Charity
Notes to the financial statements (continued)
Year ended 31 March 2025
4. Income from charitable activffities
Unrestricted
Funds
Restricted
Funds
Total
2025
Unrestrlcted
Funds
Restricted
Funds
Total
2024
Ren15 receivable
53,495
53.495
34,389
34,389
Total income
53,495
34,389
5. Investment income
Unrestricted
Funds
Restricted
Funds
Total
2025
Unrestricted
Funds
Restricted
Funds
Total
2024
Listed investmenls
38,932
37,545
38,932
12

G.W. Staniforth Charity
Notes to the financlal statements (continued)
Year ended 31 March 2025
6. Expenditure on charitable activities
Unrestricted
Funds
Restricted
Funds
Unrestricted Restricted
Funds
Funds Total 2024
Tolal 2025
Maintenance and Se￿iCe costs
Insurance
Miscellaneous
Depreciation
164,125
164.125
5.664
86
101.073
5,375
683
114
101,073
5,375
683
114
90
90
Governance costs:
Legal and professional fees
Independent examinerfs fee
5,503
2,760
178 228
5.503
2,760
178 228
21,285
21,285
2,598
131128
131 128
7. Trustee remuneration and expenses
No salaries or wages have been paid to employees, including the Trustee. during the year
(2024- £Nil).
The Trustee received no remuneration or reimbursed expenditure during Ihe year {2024-. £Nil).
13

G.W. Staniforth Charity
Notes to the financial statements {continued)
Year ended 31 March 2025
Land and
Freehold
Property
8. Tangible fixed assets
Equipment
Total
Cost orvaluation
At 1 April 2024
Additions
Revaluation for the year
1.161.000
3,304
1,164,304
511,000
At 31 March 2025
650,000
1 164,304
Depreciation
Al l April 2024
Adjustments
Charge forthe year
2,805
2,805
90
90
At 31 March 2025
2,895
Net book value
At 31 March 2025
650,000
409
650,409
Net book value
At 31 March 2024
1,161,000
499
1 161,499
The land and Freehold property was bequeathed to the Charity and was initially valued
on 9 May 2013 by the District Valuer. The valuation of the Freehold property was
updated In September 2025 and is reviewed annually and updated by the Trustees at
each reporting date.
9. Investments
Listed
Investments at
fair value
Staniforth
Collection
Total
Al 1 April 2024
Additions at cost
Disposals at carrying value
Net gainllloss) on revaluation
At 31 March 2025
Deposit account
136.390
756,789
27,935
80,420
22,894
727,198
893,179
27,935
80.420
22,894
863,588
136.390
136.390
727,198
863,588
14

G.W. Staniforth Charity
Notes to the financial statements (continued)
Year ended 31 March 2025
The board members have confirmed that there has been no material change in the value of the
staniforth Collection during the year. The fair value of listed investments is determined by reference
to the quoted price for identical assets in an active market at the balance sheet date.
10. Debtors
2025
2024
Trade debtors
7,500
10.000
Prepayments and accrued income
4,280
11,780
12,682
11. Creditors: Amounts falling due within one year
2025
2024
Trade creditors
9,699
9,017
Thetford Town Council
84,797
20,809
other creditors
5,375
Accruals
5,403
5,199
99,899
40,400
12. Endowment
Funds
Expendlture
and
gainsl(losses)
on
investments
Transfers
and
revaluatlons
8alance at
April 2024
Balance at 31
March 2025
Income
Endowment fund
893,179
22,894
(85,000)
831,073
Property fund
1.161,000
511,000
650 000
2,054,179
596,000
1481,073
15

G.W. Staniforth Charity
Notes to the financial statements (continued)
Year ended 31 March 2025
Expenditure
and
gainsl(lossesl
on
investments
Transfers
and
revaluations
Balance at 1
April 2023
Balance at 31
March 2024
Income
Endowment fund
902.836
(8.514)
(1,143)
893,179
Property fund
1,161.000
1161000
2,063,836
8,514
2 054,179
13. Unrestricted funds
Balance
at31
March
2025
Balance at 1
April 2024
Income
Expenditure
Transfers
Designated maintenance funds
Designaled Frierbds of Staniforth
3,840
3,840
General fund
92,427
178.228
85,000
6,853
11,494
92,427
178,228
10,693
Balance
at31
March
2024
Balance at 1
April 2023
Income
Expenditure
Transfers
Designated maintenance funds
Designated Friends of Staniforth
3,840
3,840
Genera5 fund
65,705
71.934
131,128
69,545
71.934
131.128
11,494
The property fund consists of the King's House. King's House Gardens and other properties bequeathed to the
Charity. The properties are revalued periodically. and the amount of the revaluation is adjusted to the fund.
The endowment fund consists of the remainder of the legacy from G.W. Staniforth which has been invested in
& G Securities Limited Charifund Unit Trust and a mixture of govemment stocks. Sterling bonds and blue-chip
securities. The investments are revalued to fair value annually and the amount of the revaluation is adjusted to
the fund. The Stanrforth Collection of books has been added to the endowment fund and its value is reviewed
annually. The endowment can be realised to meet maintenance, care and upkeep of the King's House and
Gardens. During the year it was agreed that £85,000 be transferred from the endowment fund to the general
fund to support the ongoing charitable activtties of the charities.
16

G,W. Staniforth Charity
Notes to the financial statements (continued)
Year ended 34 March 2025
14. Analysis of net assets between funds
Tangible
fixed
assets
Net
current
assets
Investments
Total 2025
Endowment fund
Property fund
831.073
831,073
650 000
650.000
650,000
831.073
1,481,073
Unreslricled funds
409
32.515
(22,231)
10,693
650,409
863 588
1 491,766
Tanglble
fixed
assets
Net
current
assets
Investments
Total 2024
Endowment fund
893.179
893,179
Property fund
1 161.000
1 161000
1.161,000
893.179
2.054,179
Unreslricled funds
499
10,995
11,494
1,161,499
893 179
2 065 673
17

G.W. Stanlforth Charlty
Notes to the financial statements (continued)
Year ended 31 March 2025
15. Financial instruments
2025
2024
Financial assets
Measured at fair value through net incomel{expendiiure)'.
Listed investments
727,196
756,789
16. Transactions with related parties
The board of management of the Charity are the members of Thetford town Council together with three
Co-opted board members.
The Charity's finances are administered by the Town Council. The Charity now only maintains one bank
account and investment income is paid directly into these acLounts.
The G.W. Staniforth Charity, were unable to make payments during the year due to Trustee changes and
bank administration. Therefore, Thetford Town Council made payments on behalf of the Charity, which is
repaid on request. As at 31 March 2025 the amount owed to Thetford Town Council was £77,297 (2024..
£10,809).
There were no other transactions with related parties during this or the prior year,
18