CHARITY OF ROBERT PHILLIPS
ANNUAL REPORT AND FINANCIAL sTATEME￿rs
FOR THEYEAR ENDED 31 MARCH 2025
Charity registration number 1063312

CONTENTS
Legal and Administrative Details
TnEt*s' Report
2to4
Independent Examiners Report
Statement of Financial Activities
Statement of Financial Position
Notes to the Accounts
8t012

CHARITY OF ROBERT PHILLIPS
LEGAL AND ADMINISTRATIVE DETAILS
Charity Registration number- 1063312
The Charity is governed by a Scheme from the Charity Commissioners for England and Wales
sealed on 23rd April 1991.
Charity Trustees for the year ended 31 March 2025 are as follows: .
Barry Cheyne
Christine Cross
Margaret Hicks (Vice-chair)
Rachael Lake
Melvyn Mills (Chair)
Ashley Tilling
The principal address for the Charity is as follows:
Charity of Robert Phillips
clo Surrey County Council
Woodhatch Place
11 Cockshot Hill
Reigate
Surrey
RH2 8EF
The address of other relevant organisations are as follows.. -
Moya T￿her1eigh
Oliver Sawyers
Clerk to the Trustees
Treasurer to the Charity
clo Surrey County Council
clo Finance
Woodhatch Pla
Surrey County Council
11 Cockshot Hill
Woodhatch Place
Reigate
11 Cockshot Hill
Surrey
Reigate
RH2 8EF
Surrey
RH2 8EF
Specific restrictions to the operation of the Charity are as follows..
The Charity is specifically restricted in its operation to the geographic area of the Ancient Parish of
Walton-on-Thames and the neighbourhood thereof.
The Trustees shall not apply income or property of the Charity directly in the relief of rates, taxes or
other public funds but may apply income or property in supplementing relief or assistance provided
out of public funds.

CHARITY OF ROBERT PHILLIPS
TRUSTEES. REPORT
The Board of Trustees present their report for the year ended 31 March 2025.
The members of the Board, together with their appointing body, are listed in the attached note on
legal and administrative details.
The Annual Meeting is usually held in June.
Objects, Organisation and Activltles
The Charity is established to allocate grants in respect of: .
(a) the provision of land and buildings to be settled upon trust for use for the purpose of a public library
or public museum or any similar charitable purpose, or the Maintenan￿ of any such institution;
andlor
(b) the promotion of education in the appreciation of music. drama and thefine arts.
When the Charity became active in 1992 the Trustees agreed that in the early years they would
disburse the income but not the capital of the Trust and they therefore tend to favour category (b).
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 Trustees nomially interpret this as the geographical area of the Ancient Parish of Walton-on-
Thames (Walton, Hersham and part of Oatlands), which was in existen￿ during Robert Phillips,
lrfetime.
The Charity is organised as a selection panel that consider grant applications on a quarterly basis.
Each school within the Charity's geographical area is welcome to submit an application for a grant
under the Music and Arts Education Scheme (MAES) per academic year.
With regard to applications for funding in respect of educational courses of more than one year,
the Trustees do notwantto makeongoing financial commitmentsand, accordingly, if applicants seek
funding for such courses, it will be ne￿SSary for separate applications to be made in respect of
each year of the course at the appropriate time. Applications are considered on their individual
merits and grants are dependent upon satisfactory references and evidence that applicants have
successfully progressed to the next stage 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 pupilslmembers reside in the Ancient Parish, proportional funding is allocated to
reflect the percentage of eligible pupilslmembers.
To ensure that the best use is made of charitable funds. a standard time limit applies to all grants
that, if unclaimed after one year from allocation. will expire unless special arrangements have been
agreed previously with the Trustees.
Statement of Public Benefrt
The Trustees of The Charity of Robert Phillips have paid due regard to the guidance on public
benefit produced by the Charity Commission and are confident that the work of the Trust meets all
the criteria for public benefit.

CHARITY OF ROBERT PHILLIPS
Review of Progress and Achievements
Grants
There were formal grants paid during the yeartotalling £39,454, as well as £11,000 of grants provided
under the Music and Arts Education Grant Scheme. In total £50,454 was paid out in grants.
There were 13 fonnal grant applications considered by the Trustees at their meetings during the
financial year. Unfortunately, 4 of the 13 applications received did not meet the criteria of the Charity's
scheme.
Music and Arts Education Grant Scheme
During the financial year, eight local schools took advantage of the Music and Arts Education Grant
Scheme. The total expenditure for 2024125 was £11,000.
The Annual allocation to each school that qualified under the Music and Arts Education Grant
Scheme are as follows..
Infant Schools
Junior Schools
Primary Schools:
Key Stage 1
Key Stage 2
Secondary Schools:
Heathside School Weybridge
£2,000 per annum (until 2026 when it will cease funding)
Heathside School Walton on Thames £2,000 per annum (until 2026 when it will Increa￿ to £3,000)
- Walton Leigh School
£3,000 per annum
- Three Rivers Academy
£3,000 per annum
£600 per annum
£1,000 per annum
£600 per annum
£1,000 per annum
Finances
The attached financial statements show the current financial position, which the Board consider to
be sound. The accounts comply with current statutory requirements and with the requirements of
the Charity's governing document.
Investments
Blackrock Investment Management (UK) Limited, 33 King William Street, London, EC4R 9AS
continued as fund managers for the Charity with holdings in the BlackRock Charities Growth and
Income Fund. This fund aims to deliver long-term capital growth and a sustainable income
distribution.
The capital value of the Trust has changed from £2,974,139 to £2,931,174 over the year.
The Independent Examiner
Kevin Kearney FCA
Kevin Kearney Associates
Suite 3, Haland House
66 York Road
Weybridge
Surrey
Iff13 9DY

CHARITY OF ROBERT PHILLIPS
Thanks
The Trustees wish to thank the following offi￿rS who have assisted them throughout the year
2024125..
Representing the Clerk to the Trustees..
Moya Tytherleigh
Representing the Charity Treasurer..
Oliver Sawyers, Finance (Corporate), Surrey County Council
Their advice a
hard w
k have been much appreciated.
Mr Mel
n Mills
on behalf of the Board of Trustees
Date:
2g 202

CHARITY OF ROBERT PHILLIPS
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHARITY OF
ROBERT PHILLIPS
Inde
endent examinerfs re
ort to the trustees of Charit of Robert Philli
I report to the charity trustees on my examination of the accounts of the above charity for the year
ended 31 March 2025.
Res
onsibilities and basis of re
ort
As the charity's trustees, 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
2011 Act and in carrying out my examination, I have followed all the applicable Directions given by
the Charity Commission under section 145{5){b) of the Act,
Inde
endent examiner's re
ort
I have completed my examination. I confirm that no matters have cometo my attention in connection
with the examination giving me cause to believe that in, any material respect..
the accounting records were not kept in accordance with section 130 of the Charities Act: or
the accounts did not accord with the accounting records., or
the accounts did 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 COn￿rnS 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.
Kevi
ney FCA
Kevin
rney Associates
Suite 3, Haland House
86 York Road
Weybridge
Surrey
KT13 9DY
Date: 2 P

CHARITY OF ROBERT PHILLIPS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Endowment
fund
fund
Totsl funds
2025
Totsl funds
2024
Notes
Income from:
Donations
Investment income
Totsl income
30
96,216
103,960
103 960
103,960
103 960
Expenditure on:
Charitable activities
Governance and support costs
Total expenditure
50,454
4,007
50,454
4,007
46,826
3,182
Other recognised gains and
losses:
Unrealised gainl(loss) on
Net incomel(exFenditure) for the
(92,464)
(92,464)
{92,464)
(42,965)
53,229
99,467
49,499
Reconclllatlon of funds
Total funds brought fomard
Total funds carried forward
10&11
10&11
556,623
606,122
2,417,516
2,325,052
2,974,139
2,931,174
2,874,672
2,974,139

CHARITY OF ROBERT PHILLIPS
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025
2025
2024
Notes
Assets
Investments
2,325,052
2.417,516
Current assets
Debtors
Cash at bank
23,199
585,192
79,541
478,223
Current liabilities
Creditors
(2,269)
(1,141)
Net assets
2,931,174
2,974,139
Funds of the charity:
Endowment fund
Unrestricted fund
10
11
2,325,052
606,122
2,417,516
556,623
2,931,174
2,974,139
Approved
the Boa
of Trustees and signed on its behalf by:
Mr Melvyn
Date..
28 ZOZL .

CHARITY OF ROBERT PHILLIPS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
The principal accounting policies are summarised below. The accounting policies have been
applied consistently throughout the year and in the preceding year.
Basis of preparation
The financial statements have been prepared in accordance with the Charities SORP (FRS 102)
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) (effective 1 January 2019), the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a'true and fairf view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a
'true and fairf view. This departure has involved following the Charities SORP (FRS 102) published
on 16 July 2014 rather than the Accounting and Reporting by Charities.. Statement of
Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The Charity of Robert Phillips meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless othepNise stated
in the relevant accounting policy. The financial statements are presented in British Sterling and
are rounded to the nearest Pound.
Going concern
The Trustees assess whether the use of going concern is appropriate i.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubt on the ability
of the Charity to continue as a going concern. The Trustees make this assessment in respect of
a period of at least one year from the date of authorisation for issue of the financial statements
and have concluded that the Charity has adequate resources to continue in operational existence
for the foreseeable future and there are no material uncertainties about the Charity's ability to
continue as a going con￿rn, thus they continue to adopt the going concern basis of accounting
in preparing the financial statements.
Income
All income is recognised once the charity has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefit to a third party, 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 on charitable activities comprises grants paid. Grants are recognised on payment.
Expenditure on governan￿ and support costs comprises costs attributable to the charity's
compliance with constitutional and statutory requirements, as well as costs incurred by the charty
in the delivery of its activities and servi￿5 for its beneficiaries.

CHARITY OF ROBERT PHILLIPS
Investments
Fixed asset investments are included at market value at the balan￿ sheet date. Realised gain
and losses on investments are calculated as the difference between sales prO￿edS and their
market value at the start of the year, or their subsequent cost, and are charged or credited to the
Statement of Financial Activities in the period of disposal.
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 cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-tenn 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 expenses
There was no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for
the year ended 31 March 2024,
There were trustees, expenses of £216, in respect of travel, for the year ended 31 March 2025
(2024.. nil).
Investment income
2025
2024
Income from dividends
86,169
17,791
103,960
80,646
15,570
96,216
Income from interest
Charitable activities
202S
2024
Grant funding of activities
50,454
46,826
A breakdown of the grants paid during the year are as follows..
2025
2024
Ashley COE Primary School
Bell Farm Primary School
Cardinal Newman Catholic Primary School
Cleves School
1,600
1,600
1,600
1,000
5,000
2,600
1.600
13,650
Elmbridge Community Link

CHARITY OF ROBERT PHILLIPS
Grovelands Primary School
Heathside School, Walton on Thames
Heathside School. Weybridge
Hersham Music Club
Oatlands Infant School
Joanne Richards
1,000
16,654
2,000
6,900
1,000
1,000
2,000
2,000
600
2,370
1.000
5,781
Promenade Choirs
Riverhouse Bam Arts Centre
The Cecil Hepworth Playhouse
The Parochial Church of St Peter
Treble Clef Choir
Walton Film Festival
Walton Oak Primary School
Whitely Homes Trust
2,550
1,700
5.000
625
1,250
10,000
1,600
600
50.454
46,826
At the balance sheet date there were no grants approved to be paid in future accounting periods.
Governance and support costs
2025
2024
Independent examination fee- current year
Independent examination fee- prior year
Clerk fees
1,200
(140)
2.620
106
1.140
1,825
217
IT expenses
Trustee expenses
Postage
216
4.007
3,182
10

CHARITY OF ROBERT PHILLIPS
Fixed asset investments
2025
2024
Cost or valuation
Market value at 1 April 2024
Net unrealised gainsl{losses)
Market value at 31 March 2025
2,417,516
(92,464)
2,325,052
2,364,287
53,229
2,417,516
Original cost
765,433
765,433
There were no additions or disposal during the year.
Debtors
2025
2024
Due withln one year
Accrued income
23,199
79,541
The charity receives quarterly dividends from an investment fund. In the prior year, dividends for
three previous quarters were held by the fund while the charity completed the approval of relevant
signatories, along with the dividend for the quarter ending March, which is typically received in
April after the year-end. These additional funds were received in the current year. As of 31 st
March 2025, the outstanding amount represents the March 2025 dividend, which was received in
April 2025.
Cash at bank
2025
2024
Nationwide accounts
258,338
326,854
585,192
252,892
225,330
478,223
Balance held in Surrey County Council (SCC)
SCC administer the banking function the charity. Payments for grants and other costs are made
directly from an SCC bank account.
Creditors". Amounts falling due within one year
2025
2024
Accrued expenses
2,269
1,141
Accrued expenses represent the costs in relation to the Independent Examiner's Report and
clerk fees.

CHARITY OF ROBERT PHILLIPS
10.
Summary of funds
Unrealised
gainl(loss) on
Balance at
investments 31 March 2025
Balance at
1 April 2024
Income
Expenditure
Endowment fund
2,417,516
(92.464)
2,325,052
Unrealised
gainl{loss) on
Balance at
investments 31 March 2024
Balance at 1
April 2023
Income
Expendlture
Endowment fund
2.364,287
53,229
2,417,516
All of the clear income andlor the funds of the Charity can be applied under the temis of the trust
deed, therefore all of the funds of the Charity are considered to be unrestricted, it has been
analysed between capital and revenue funds to enable a clear understanding of the operation of
the Charity.
The endowment fund is invested by our Fund Managers, BlackRock Investment Management
(UK) Limited. For the year, the fund was invested into one Charity Authorised Investment Fund,
the BlackRock Charities Growth and Income Fund.
11.
Unrestricted fund
Balance at
1 April 2024
Balance at
Expenditure 31 March 2025
Income
Unrestricted fund
556.623
103,960
(54,461)
6(￿,122
Balance at
1 April 2023
Balance at
Expenditure 31 March 2024
Income
Unrestricted fund
510,385
96,246
(50,008)
556,623
The unrestricted fund is held as cash and used to fund the grant giving activities of the Trust. At
31 March 2025, £258,338 of the fund was invested in separate fixed term bonds with
Nationwide International Limited. The remainder is held by Surrey County Council for
administrative purposes., interest is paid to the Trust on the daily balan￿s.
12