REGISTERED CHARITY NUMBER: 1061244 ofth•Tr Stateme 024 hamc 11 a88Scal oste McLean Reid Chartered Accountants 1 Forstsl Road Ayle5ford Kent ME20 7AU ## **The John Wernham College of Classical Osteopathy** |**Contents of the Financial Statements **||| |---|---|---| |**for the Year Ended 31 December 2024**||| |||**Page**| |**Report of the Trustees**|**1**|**1**
**to 2**| |**Independent Examiner's Report**||**3**| |**Statement of Financial Activities**||4| |**Balance Sheet**||**5**| |**Notes to the Financial Statements**|**6**|**6**
**to 10**| ## **The John Wernham College of Classical Osteopathy** ## **Repor of the Trustees for the Year Ended 31 December 2024** The trustees present their repprt with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the pr!)visions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable iri the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objectives for which the charity was established, as set out in its Trust Deed, are 1. to provide education and training for students and graduates in osteopathy. 2. to provide and maintain a clinic or clinics for the treatment of those in need of osteopathy. 3. to carry out research into a11d develop the methods and practice of osteopathy and to disseminate the useful results of such research for the public benefit. 4. to lay the foundation of a charitable hospital to be called "The Littlejohn Memorial Osteopathy Hospital" (in honour of the late John Martin Littlejohn, founder and Dean of the British School of Osteopathy). The trustees delegate the day to day responsibility for organising the charity's activities to the clinic administrator. ## **ACHIEVEMENTS AND PERFORMANCE** ## **Charitable activities** The charity continues to provide the charitable activities as detailed above. Until suitable premises are located for the memorial osteopathy hospital, the trustees have taken the decision to invest some of the charity's contingency fund into investment properties as the return on these investments are considered better than holding the money if! cash deposits at the bank. ## **Fundraising activities** The fundraising activities of the charity are primarily the provision of donations from patients receiving osteopathic treatment. ## **FINANCIAL REVIEW** ## **Principal funding sources** As stated above the main source of income for the charity are the donations it receives for providing osteopathic treatment to patients along with interest it has received on its contingency fund. ## **Reserves policy** The charity has invested surplus cash into investment properties with a view that future proceeds from a sale of these property investments can realise the Trust Deed objective of establishing a charitable hospital. ## **STRUCTURE, GOVERNANCE; AND MANAGEMENT** ## **Governing document** The charity operates under a Trust Deed dated 30th September 1991 revised by a supplemental Trust Deed dated 22nd January 1997. This supplemental Trust Deed was approved by the Charity Commission under the new registered number 1061244 with effect from 13th March 1997. ## **Recruitment and appointment of new trustees** In the event of any of the curr!3nt trustees resigning, the remaining trustees would look to a further appointee who. has shown interest and commitmen_t over several years towards the college. ## **REFERENCE AND ADMINISTRATIVE DETAILS** **Registered Charity number** 1061244 **Principal address** 30 Tonbridge Road Maidstone Kent ME168RT I· **Trustees** Ms G Roots Mr M Somers (resigned 15.9.25) MrJ Musker Page 1 Colle teo ath of Classic81 Re ort of theTr tee5 Ended 31 December 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner J R Champion FCA McLean Reid Chartered Accounlanls 1 Forstal Road Aylesford Kent ME20 7AU Approved by order of the board of trustees on 23 October 2025 and signed on its behalf by: oots- Tntstee Paga 2 ## **Independent Examiner's Repor to the Trustees of The John Wernham College of Classical Osteopathy** ## **Independent examiner's report to the trustees of The John Wernham College of Classical Osteopathy** I report to the charity trustees on my examination of the accounts of The John Wernham College of Classical Osteopathy (the Trust) for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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 confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair 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 with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. J R Champion FCA McLean Reid Chartered Accountants 1 Forstal Road Aylesford Kent ME20 ?AU 24 October 2025 Page 3 ## **The John Wernham College of Classical Osteopathy** ## **Statement of Financial Activities** ## **for the Year Ended 31 December 2024** |||2024|2023| |---|---|---|---| |||Unrestricted|Total| |||funds|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Other trading activities|2|3,170|4,953| |Investment income|3|24,251|33,153| |**Total**||27,421|38,106| |**EXPENDITURE ON**|||| |Raising funds|4|5;897|4,917| |**Charitable activities**|||| |Osteopathy||49,331|56,481| |Rental income||4,617|3,519| |Other||1,032|3| |**Total**||60,877|64,920| |Net gains on investments||41,982|| |**NET INCOME/(EXPENDITURE)**||8,526|(26,814)| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||1,658,635|1,685,449| |**TOTAL FUNDS CARRIED FORWARD**||1,667,161|1,658,635| The notes form part of these financial statements Page4 TheJohn of Clas ernham Colle ical Osleo Ih ce Sheet cember 2 31D 2023 Unreslricled fvnds fijnds Notas FIXED ASSETS Tangible assets Investment propety 729,289 924.936 738.187 882.954 1,654.225 1,621,141 CURRENT ASSETS Debtors Cash al bank 14,760 6,289 4.534 37.701 21,040 42,235 CREDITORS Amounts falllng due wlthln.onè year 10 (8,104) {4,741) NEf CURRENT ASSETS 12,936 37.494 TOTAL ASSET8 LESS CURRENT LIABILITIES 1,667,161 1,658,635 NET ASSETS 1,667,161 1,658,635 FUNDS Unrestricted fundÈ 11 1.667,161 1,658,635 TOTAL FUNDS 1.667,161 1,658,635 The financial slalèments wero approved.by the Board of Trust888 and authorised for186ue on 23 October 20.25 8nd were signed on ils behalf by. Roots - Trustee The.notes form part of Ihese financial statements Page 5 **The John Wernham College of Classical Osteopathy** ## **Notes to the Financial Statement** ~~——_—_—_—_—_—_—————~~ **s** ## **for the Year Ended 31 December 2024** ## **1. ACCOUNTING POLICIES** 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) (effective 1 January 2019)', Fin.ancial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation· committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Land and buildings -1% on cost Plant and machinery -10% and 15% on cost Freehold property within land and buildings are shown on the balance sheet at fair value less accumulated depreciation. ## **Investment property** Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised ;in the Statement of Financial Activities. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to 'the Statement of Financial Activities in the period to which they relate. ## **OTHER TRADING ACTIVITIES** Sale of books and dvds' 2024 2023 £ £ 3,170 4,953 continued ... Page6 ## **The John Werham College of Classical Osteopathy** ## **Notes to the Financial Sttement - continued fr the Year Ended 31 December 2024** ## **3. INVESTMENT INCOM.E** |**INVESTMENT INCOM.E**||| |---|---|---| ||2024|2023| ||£|£| |Rents received|23,810|32,717| |Loan interest received|176|| |Interest receivable|265|436| ||24,251|33,153| ||---|---| ## **4. RAISING FUNDS Investment management costs** |**Investment management costs**||| |---|---|---| ||2024|2023| ||£|£| |Rent collection|2,294|2,132| ## **5. TRUSTEES' REMUNERATION AND BENEFITS** ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **6. STAFF COSTS** The average monthly number of employees during the year was as follows: ## **7.** ||i|||| |---|---|---|---|---| ||i||2024|2023| |Administration|||1|1| |No employees received emoluments in excess of £60,000.||||| |**TANGIBLE FIXED ASSETS·**||||| ||||Fixtures|| ||Freehold|Plant and|and|| ||property|machinery|fittings|Totals| ||£|£|£|£| |**COST**||||| |At 1 January 2024|872,476|13,089|6,983|892,548| |Additions||449||449| |At 31 December 2024|872,476|13,538|6,983|892,997| |**DEPRECIATION**||||| |At 1 January 2024|136,508|12,004|5,849|154,361| |Charge for year|8,725|537|85|9;347| |At 31 December 2024|145,233|12,541|5,934|163,708| |**NET BOOK VALUE**||||| |At 31 December 2024|727,243|997|1,049|729,289| |At 31 December 2023|At 31 December 2023
735,968|1,085|1,134|738,187| ·Page 7 continued ... hn Womham Col ofCI Financial - contin ded 31 Decembar 2024 INVESTMENT PROPERTY FAIR VALUE At 1 January 2024 Revalualton 981,031 41,982 At 31 December 2024 1,023,013 AMORTISATION At 1 January 2024 and 31 t)ec8mber 2024 98,077 NEf BOOK VALUÉ At 31 December 2024 .. 24,936 At 31 Oecembèr 2023 ' Fair value at 31 Decamb8r 2024 ts representeAJ by.. Valuation wi 21Y24 354,573 868,440 1.023,013 The investrnent prope￿89 held by th8 tharity ar8 carried on the balance sheet at Insurance rfrinstatement valuation. DEBTORS: AraouKr8 FALLING DUE wrrHIN ONE YEAR 2024 Other debtors Accrued income Prepayments 13,888 2,028 1,330 1,176 872 14,760 Of the debtcKs, £5010 is due after one year {2023'. £nfl). 10. CREDrroRS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2tr24 TTrJe creditors other credit(Ks 3,210 4,894 1,081 8,104 4.741 11. MOVEMEKf IN FUNDS Net movement In funds At 31.12.24 At 1.1.24 Unrestrlcted fund• General fund 1,658,835 8,526 1,887,161 TOTAL FUNDS 1,658,635 8,526 1,867,161 Page 8 contmu•J... am Col ¢lassl¢al Ostso Notes to the Fin for the Year End onts - eonlinued 1 December 2024 11. MOVEMEkif IN FUNDS - conllnued Net movement in fvnds, induded In th8 above are as follows: Ino)ming Resourcés expendgj Gains and Ioss8S Movem6nt in fijnds Unrestrlcted funds General fund 27,421 (60,877) 41,982 8.526 TOTAL FUNDS 27,421 (60,877) 41,982 8,526 coMpara￿Ve$ for moiiement in funds movement in fiJnds At 31.12.23 At 1.1.23 Unrestrictsd fund8 General fund 1,685,449 (26,814) 1,658,635 TOTAL FUNDS 1,685,449 126,814) 1,658,635 Comparative n6t mov8ment in funds, included in the above ar8 as foll¢)w5:' Incoming . resources Resour￿ Movemént expended in funds Unrestrl¢ted funds Genéral fund 38,106 (64.920) (26,814) TOTAL FUNDS 38.106 (64,920) 126,8141 A current year 12 months and prior year 12 months combined position is as follows.. Net movement in ￿ndS At 31.12.24 At1.1.23 Unrestricted fund8 General fund 1,685,449 (18,288) 1,867.161 TOTAL FUNDS 1.685.449 {18,288) 1,667,161 A current y8ar 12 months and prior year 12 months comblned net movement in fvnds, included in th8 above are as follows: Incomlng r￿SourCeS Resour expended Gains and losses Movement In funds Unrestricted funds General fund 65,527 (125,797) 41,982 (18,288) TOTAL FUNDS 65,527 (125,7971 41,982 {18,288) Page 9 continued... Th ohn Wemham C of Cl Ical Ostso Notes Flnancial Sta - conllnued for the Year En 31 Decèmber 2024 12. RELATED PARTY DISCLOSURES There were no related party transactions for the year end8d 31 Deomber 2024. Page 10