CHAIUTY OF ROBERT PHILLIPS
ANNUAL REPORT AND FINANCIAL STATEMENIS
FORIHE YEAR ENDED 31 MARCH 2024
Charity ￿gistration number 1063312

Contents
Legal and Adtnini5trative Details
2to4
Independent Examiners Report
Statement of Financiaj Activities
Statement of Financial Position
Notes to the Accounts
8t012

CHAIUTY OF ROBERT PHtLLIPS
LEGAL AND ADMINISTRATIVE DETAILS
Charity Registrdtion number- 1063312
The Charity is governed by a Scheme from the Charity Commissioners for England and Wales sealed on 23rd
April 1991.
Charity Trnstees for the year ended 31 March 2024 are as follows: .
Trustees appointed by Elmbridge
Borough Council.. -
Trustees appointed by Surrey County Council:.
Bany Ch¢yne
Christine Cross
M¢lvyn Mills (Chair 12106123 onwards)
Margaret Hicks
Rachael Lake (Chair until 12106123)
Tony Samuels (resigned 06106123)
Ashley Tilling (appointed 12109123)
The principal address forthe Charity is as follows:
Clerk to the Trustees
Charity of Robert Phillips
clo Surrey County Council
Woodhatch Place
I I Cockshot Hill
Reigate
Surrey
RH2 8EF
The address of otherrelevant organisations are as follows:.
Moya T>¢herleigh
Oliver Sawyers
Clerk to the Tnjstees
Treasurer to the Charity
clo SU￿eY County Council
clo Finance
Woodhatch Place
Surrey County Council
I I Cockshot Hill
Woodhatch Place
Reigate
L I Cockshot Hill
Surrey
RH2 8EF
SU￿eY
RH2 8EF
Specifi¢ re$tri¢tions to the operation of the Charity are as follows: .
Thecharity isspecificallyrestricfrd in itsoperationtothe geowphic areaofthe Ancient P￿iSh ofWalton-on"Thames
and the neighbourhood thereof.
The Trustees shall not apply income or propety of the Chwity directly in the relief of rates, taxes or other publi
fi￿dS but may apply income or propety in supplementing relief or assistance provided out of public funds.

CHARITY OF ROBERT PHtLLIPS
TRUSTEES, REPORT
The Board of Trustees present theirreport for the year ended 31 March 2024.
The members of the Board, together with their appointlng body. are listed in the attached note on legal and
adminlstrative details.
Trustees are appointed foT atenn of fouryears. The Annual Meeting is usually held in June.
Objects, Organisation and Activities
The Charity is established to allocate wts in respect of.. -
(a) the provision of land and buildings to be settled upon tnist for use for the pu)yose of a public library or public
museum or any similar charitable purpose, or the maintenance of any such institution. andjor
(b) the promotion of education in the appreciation of music, drama and th¢ fme arts.
When the Charity became aclive in 1992 the Truste¢s agreed that in the early years they would disburse the income
but not the capital of the Trust and they th¢r¢fore tend to favour category Ib).
The Scheme governing the administration of the Charity specifies that the Trust is for the benefit of the inhabitants
of Walton-on-Thames and the neighbourhood thereof. For the purposes of clarity, the Trnstees nomially interpret
this as the geographical area of the Ancient Parish of Walton-on-Thames (Walion, Hersham and part of Oatlands),
which was in existence during Robert Phillips, lifetime.
The Charity is organised as a selection panel that considergrant applications on a quarterly basis. In order to assist
with the deterniination of applications, the Trustees have established some policies, one of which governs the
allocation of fijnding in respect of the purchase of musical instruments and requires that benefjciarieshave attained
the Royal Schools of Music Grade VE qualification as confitTration ofmusical ability and commilment. Such grnnts
are allocated subject to a condition requiring notification in the event of the instruinenl no longer beiiig required
within a period of five years from the date of the grant in order that other beneficiaries may be offered the
opportunity to have an instrument.
Each school within the Charity's geographical area is welcome to submit an application for a scholarship grant
per academic year to provide musiclperforniing arts lessons for its most deserving pupil(s) residing in the Ancient
Parish (see later- Music and Arts Education Grant Scheme.
With regard to applications for fvnding in respect of educational courses of more than one year, the Trustees do
not want to make ongoing fmancial commitments and, accordingly, if applicants seek funding for such courses, it
will be necessary for separate applications to be made in respect of each year of the course at the appropriate time.
ApplTcations are consldered on their individual merits and grants are dependent upon satisfaGtory ref¢r¢nc¢s and
evidence that applicants have successfully progressed to the next stsge of their course.
In the event of the Trustees being minded to offer funding to a school or other organisation where only some of
its pupi151memb¢rs r¢side in the Ancient Parish, proportional funding is allocated to reflect the percentage of
eligible pupilslmembers.
To ensure that the best use is made ofcharitable fvnds, a standard time limit applies to all grants tha( if unclaimed
after one year from allocation, will expire unless special arrangements have been agreed previously with the
Trustees.
Statement of Public Benefit
The Trustees of The Charity of Robert Phillips have paid due regard to the guidance on public benefrt produced
by the Charity Commission and are confident that the work ofthe Trustmeet5 all the criteria for public benefit.

CHARITY OF ROBERT PHtLLIPS
TRUSTEES, REPORT (continued)
Review of Progress and Aehievements
Grants
There were fomlal paid dwing the year totalling £35,026, as well as £11,800 of provided under the
Music and Arts Education Grant Scheme. totsl £46,826 was paid out in grants.
There were 9 forn￿1 gThnt applications considered by the Trnstee8 at their meetings during the financial year.
Unfortunately, 3 of the 9 applications received did not meet the criteiia of the Charity's scheme.
usic and Arts Education
rant Scheme
During the fmancial year, seven local schools took advantage of the Music and Arts Education Grant Scheme.
The total expendituR for 2023124 was £11,800.
The Annual allocation to each school that qualified underthe Music and Arts Education Grant Scheme was revised
in June 2023. Therefore, the allocations are as follows:
tnfant Schools
Junior Schools
Prlmary Sehools:
Key Stage I
- Key Stage 2
Secondary Schoob:
- Heathside Sch￿] Weybridge
- Heathside School Walton on Thames
- Walton Leigh School
- Three Rivers Academy
£600 per annum
£1,000 per annum
£600 per annum
£1,000 per annum
£2,000 per annum (until 2026 when it will cease funding)
£2,IX)O per annum (until 2026 when it will inc￿&￿e to £3,000)
£2,000 per annum
£3,000 per annum
Flnanees
The attached financial ststsments show the current state of finances, which the Board consider to be sound. The
accounts comply with current statutory requirements and with therequirements ofthe Charity's 8overning document.
Investmen1$
Blackrock Investment Management (UK) Limite4 33 King William Street, London, EC4R 9AS continued as fi]nd
managers for the Charity with holdings in the BlackRock Charities Growth and Income Fund This ￿nd aims to
deliver long-tern] capital growth and a sustainable income distribution.
The Capital value of the Thsthas changed from £2,874.672 to £2,974,139 over th¢ ytar,
The Independent Examiner
Romit Basu ofDSK Partners LLP Chartered Accountants
DS House
306 High Street
Croydon
CRO ING

CHARITY OF ROBERT PHtLLIPS
11
TRUSTEES? REPORT (continued)
Thanks
The Trustees wish to thank the following officers who have assistsd them throughout the year 2023124:
Representing the Clerk to the Trustees:
MOyal￿rIe1g￿
Representyng the Charity Treasurer:
Thomas Dunkley aud Verity Royle- Finance (Corp)rate), SU￿eY County Council.
Thetr advice
d hard
have be¢n much appreciated.
09109124
Date
Mr Melvyn Mil
hair
on behalf of the Board of Th￿tee$

CHARITY OF ROBERT PHtLLIPS
INDEPEIWENT EXAMINER'S REPORT TO THE TRUSTEES OF CHARITY OF
ROBERT PHILLtps
Inde
endeiit exainiiierfs
ort to the trustees of Chari
of Robert Philli
I report to thc charity trustees on my examination of the accounts of the charity for the year ended 31 March
2024.
Res
onsibilities and b&gis ot re
ort
As ihe charity's trustees of the Company (and also its directors for the purposes of company law) you are
reswnsible forthepreparation ofthe accounts in accordance with the requirements ofthe Companies Act 2006 ('the
2006 ACV).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination. I report in respect of my examination of your ¢harity'S accounts
as carried out under section 145 of the Charities Act 201 J ('the 201 l A¢t'). In carrying out my exgmination I have
followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 ACL
endent examineffs re
ort
T have completed my examination. I confirn) that no matter5 have come to my attention in connection with the
examination giving me cause to believe:
accounting records were not kept in respect of Charity of Robert Phillips as required by section 386 of the
2006 Act. or
the accounts do not accord with those records. or
the accounts do not comply with the accounting requirements of section 396 ofthe 2006 Act 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. or
the accoun15 have not been prepared in accordance with the methods and prlnciples of the Statement of
Recommended Practice for a¢￿Unting and reporting by charities (applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102)).
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.
Romit Basu FCA
Instithte of Chartered Accountants in England and Wales
DSK Partners LLP
D S House
306 High Street
Croydon
CRO ING
Date: 0910912024

CHARITY OF ROBERT PHtLLIPS
STATEMENf OF FllYANCIAL AcrivrriES FOR THE YEAR EIYDED 31 MARCH 2024
Unrestricted
fund
Endowment
fund
Tolal funds
Totsl fimds
Noles
Income from:
Dohations
jnvesiment income
Total income
30
96216
30
96,216
46
389
81,305
Expenditure on:
Charitable activities
Governance and support costs
Totsl expenditure
46,826
3,182
46,826
3,182
21,569
2,955
Other recognlsed gains and losses:
Unrealised gainl(loss) on investsnent
Net ￿n￿npJ(¢x￿id1lu￿)f0r theyear
53,229
53,229
53,229
99,467
(243.596)
(18A426)
46238
Reconciliation of tknnds
Total funds brought forward
Total funds carried forward
io&ii
io&ii
510,385
556,623
2,364,287
2,417,5JO
2,874,672
2,974,139
3,061,098
2,874,672

CHARITY OF ROBERT PHILLIPS
STATEMENf OF FINANCIAL POSITION AS AT 31 MARCH 2024
2023n4
2022123
Notes
Assets
Investments
2,417.516
2,364287
Current assets
Debtors
Cash at bank
79,541
478,223
37,561
473,844
Current liabllltles
Cr¢ditors
(L,141)
(1,020)
Net assets
2,974,139
2,874,672
Funds of the charlty:
Endowment fund
Unrestricted fjjnd
io
2,417,516
556,623
2,364.287
510,385
2,974,139
1871672
For the financial year ended 31 March 2024, the company wa5 entitled to exemption under section 477 of the
Companies Act 2006 relating to Small companies.
No members have required the company to obtain an audit of its accounts forthe year in question in accordance with
section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to
accounting records and for the preparation of the accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small
companies, i'egime.
Approved
the Boa
of Trustee5 and signed on its behalf by:
Mr Melvyn
air
Date: 09109124

CFIARITY OF ROBERT PHILLIPS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Aeeounting polieies
The principal accounting policies are sun)m￿sed below. The accounting policies have been applied consistently
throughout the year and in the preceding year.
Basis of preparntlon
The financial statements of the charitsble company> which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'A¢counting 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) (effectiv¢ l January 2019).,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The f￿anCIal ststements have b¢en prepared under the historical cost
convention.
The financial statements are prepared in Sterling which is the ￿nCtIOnal currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
Going coneern
At the time of appmving the financTal statements, the Trustees have a reasonable expectation that the Charity
has adequate resources to continue in operational existence for the foreseeable ￿ture. Thus, the Trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
Jneome
Income is reCo￿lSed when the Charity has entitlement to the income, the 8mounts can be measured reliably?
and it is probable that the income will be received.
Donations are recognised on receipt.
Investh]ent income comprises dividends received by the charity. Dividends are recognised once the dividend has
been declared and notification has been received of the dividend due.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably.
Expendittire on charitable activities comprises ￿nts paid. Grants are recognised in the accounts on payment.
Expendi￿re on governance and support costs comprises ¢osts attributable to the charity's compliance with
constitutional and statrjtory requirements, as w¢ll as costs incurred by the charity in the delivery of its activities
and ￿rVic¢S for its beneficiaries.
Taxation
The charity's activities fall within the exemptions afforded by the provisions of the Cotporation T&x Act 2010
and the Income Tax Act 2007. Accordingly, there is no t&xation charge in these accounts.
Fixed asset inve5trnents
Fixed asset investments are included at market value at the balance sheet date. Realised gain and losses on
investments are calculated as the difference between sales proceeds and their market value at the start of the
year, or their subsequent cosL and are charged or credited to the Statement of Financial Activities in the period
of disposal.

CHARITY OF ROBERT PHtLLIPS
11
NOTES TO THE FINANCIAL STATEME1￿s
FOR THE YEAR EIYDED 31 MARCH 2024 (contiDued)
Unrealised gains and losses represent the movement in market values during the year and are credited or charge
to the Statement of Financial Activities based on the market value at the year end.
Cash and eash equlvaleDts
Cash and cash equivalents comprise cash on hand and call deposits, and other short-tern] highly liquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of
change in value.
Trustee's remuneration, benefits and expensos
There were no trustees, rernuneration or other benefits for the year ended 31 March 2024 nor for the year ended
31 March 2023.
There were no trustees, expenses paid for the year ended 31 Mar¢h 2024 nor for the year ended 31 Marrh 2023.
Investment Ineome
2023124
2022123
Income from dividends
80,646
15.570
96,216
74,017
7288
81,305
Income from interest
Charltable aetlvltles
2023n4
2022123
Grant funding of activities
46,826
21,569
A breakdown of the grants paid during the year are as follows:
2023124
2022123
AshleyCoE Primary SchTr)I
Bell Fami Primary School
Clev¢s Academy TNst
Elmbridge Community Link
Grovelands Primary &hool
Heathside School, Walton on Thames
Heathside SchooL Weybridge
Oatlands Infant Sch(M)I
1,600
13,650
2,200
1,000
3,163
1,600
1,000
2,000
600
600

CHARITY OF ROBERT PHILLIPS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 (continued)
Joanne Richards
2,370
1,000
5,781
Promenade Choirs
Riverhouse Bam Arts Centre
St Mary's and St John's Youth Fellowship
The Parochial Church of St PeteT
625
The Walton and Weybridge Amateur 0[￿ratiC Society
Treble Clef Choir
1,000
Walton Film Festival
10,000
600
Whitely Homes Trust
46,826
21,569
At the balan¢e sheet date there wer¢ no wts approved to be paid in future accounting periods.
Governance and support eosts
2023124
2022123
Indepettdent examination fee
Clerk fees
1,140
1,825
217
1,020
1,245
244
IT expens¢s
Other expenses
3,182
2,955
Flxed asset Investments
2023r24
2022ll3
Cost or valuation
Market value at l April 2023
Net unrealised gains/(losses)
Market value at 31 March 2024
2,364,287
53229
2,417,516
2,607,883
(243,596)
2,364,287
Original c05t
765,433
765,433
io

CHARITY OF ROBERT PHILLIPS
NOTES TO THE FINANCLIL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 {CODtinued)
Debtors
2023124
2022n3
Accrued iticome
79,541
37,561
The charity receives quarterly dividend distributions from an investment fimd. A portion of these dividends are
being held by the investsnent fL￿d whilst the charity approv¢s relevant signatories. This is being rectifled in the
current fmancial year.
Cash At bank
2023r24
2022123
Nationwide accounts
252,892
225,330
478,223
248,1(K)
225,744
473,844
Balance held in Surrey County Council (SCC)
SCC administer the banking function the charity. Payments ft)r grants and other costs are made directly from an
SCC bank account.
Creditors
2023r24
2022123
Accrued expenses
1,141
1,020
Accrued expen5¢5 represent the wst of the Independent Examiner's Report.
10.
Endowment fund
Unrealised
gglnl(loss) on
investments
Bal8nee at
l April 2023
Ineome
Expenditure
31 Mareh 2024
Endowment fund
2,364287
53,229
2,417,516

CHARITY OF ROBERT PlllLLIPS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 (eoDtiDued)
Unrealised
g8inl(loss) on
iDvestments
Balance gt
l April 2022
Balance At
31 Mareh 2023
Ineome
Expenditure
Endowment fund
2,607,883
(243,596)
2,364,287
All of the clear income andlor the fimds of the Charity can be applied under the tern]s of the trust dee
therefore all of the funds of the Charity are considered to be unrestricted, it has been analysed between
capiial and revenue funds to enable a clear understanding of the operation of the Charity.
The endowment fimd is invested by our Fund Managers, BlackRock Investment Management (UK) Limited.
For the year, the fund wa5 invested into one Charity Authorised Investment Fun￿ the BlackRock Charities
Growth and Inwme Fund.
11.
Unrestricted fund
Balanee at
l April 2023
Balance at
31 March 2024
Income
Expendlture
Unrestricted fund
510,385
96,246
(50,008)
556,623
Balanee at
l Aprll 2022
Balance at
31 Ma￿h 2023
Income
Expenditure
Unrestricted fund
453,215
81ffi94
(24,524)
510.385
The unrestricted fund is held as cash and used to fund the graJ)t giving activities of the Thist. At 31 March 2024,
£252,892 of the fund was invested in two separate fixed tern) bonds with Nationwide Intemational Limited. The
remainder is held by SU￿eY County Council for administrative purposes, interest is paid to the Trust on the daily
balances.
12