COMPANY REGISTRATION NUMBER: 04175186
CHARITY REGISTRATION NUMBER: 1086243
The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2025
CARLING ACCOUNTANTS LIMI
Reporting Accountants
The Studio
1 Canons Lane
Burgh Heath
Surrey
Iff20 6DP

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Financial Statemants
Year ended 31 March 2025
Pages
Trustees, annual report (incorporating the director's report)
1to6
Independent examinerts report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements
10t017

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 31 March 2025.
Reference and admlnistratlve detalls
Registered charlty name
The Carshalton Water Tower and Historic Garden Trust
Charlty reglstratlon numbor
1086243
Company registration number 04175186
Prlnclpal office
The Lodge
Carshalton House Pound Street
Carshalton
Surrey
SM5 3PN
Rog18tered office
The Studio
1 Canons Lane
Burgh Heath
Surrey
Kr20 6DP
The trustees
Mr C Orton
Mrs J Gertz
Mrs J Knight
Mr M Symes
MrDYeo
Mr A R Thorpe
Company secrntary
Mrs J Knlght
Independent examlner
Brooks Carling Accountants Limited
The Studio
1 Canons Lane
Burgh Heath
Surrey
20 6DP

The Carshalton Water Tower and Historic Garden Trust
Company Limitsd by Guarantee
Trustoes. Annual Roport (Incorporating the Director's Report) (¢ontlnued)
Year ended 31 March 2025
Structure, govemance and management
This Trust is a charitable company limited by guarantee. It was set up in 2001 to repla￿ The
Carshalton Water Tower Trust. In November 2006 the Trustees signed a 999 year lease with the
Governors of St Philomena's Catholic High School for Girls, who also occupy Carshalton House
Estate, to maintain, in addition to the Water Tower, Hermitage and Spring Head, a further part of the
eighteenth<entury landscape garden of the estate, the north end of the lake area and the Sham
Bridge. This lease completes the Trust's geographical area of responsibility of the eighteenth century
pleasure grounds.
The Trust receives a modest income from the Lodge, which was gifted to the Trust by The Daughters
of the Cross of Liège, and interest on their endowment to the Trust in March 2007. This money
remains invested to help ensure the continuance of the Trust. Additional funds necessary to fulfill the
aims and objects'ves of the Charity are raised by the voluntary work of the Trustees, Friends and
Volunteers.
The Trust is govemed by a Memorandum and Articles of Association and the Trustees, responsibilities
are to ensure that the charity has appropriate systems of control in place to facilitate..
o The most effective and efficient operation of the Charity as possible,.
o The safeguarding of the Charity's assets, with regular financial consideration tsken into account.
o To comply with relevant rules and regulations;
o To adhere to company and charity law.
The Trustees are required to prepare financial statements each year which give a true account of the
Charity's affairs in accordance with the special provision of the Companies Act {2006) relating to small
companies.
In preparing these accounts the Trustees have:
o Made judgements and estimates that are reasonable and prudent.,
o Stated whether applicable accounting standards have been followed,,
o Prepared the financial statement on the going concern basis.
o Kept accounting records which show, with reasonable accuracy, the financial position of the Charity
at any one time.
The Charity comprises the Trustees, Management Team, and the Friends who cary out the day-to-day
running and maintenance of the Trust's property. They also promote the Trust in accordance with their
constitution, in the bona fide interest of the Trust and not to the benefit of themselves.
The New Garden Committee liaised directly with the Trust's iwo neighbours on the estate. St
Philomena's Catholic High School for Girls and St Mary's Catholic Junior School this year.
The Trustees, and Friends, Committee work closely together. Five Trustees normally take part in
stewarding on Sundays and on other public opening5, hosting private tours, giving talks, gardening and
carrying out research. Trustees also form part of the New Garden Committee and are members of the
Friends, Management Committee, who are an integral part of the decision-making process.
When a person is invited to become a Trustee it is because of the expertise they can bring to the
Trusys Management Committee, for their familiarity and agreement with the Trusvs aims and
objectives. New Friends and Volunteers are gained by general public advertising, through the Friends,
Newsletters and personal contact.
The Trust exercises an equal opportunities policy and has a Friends'lvolunteers, Health and Safety
policy. Information for Friendstvolunteers is set out in Handbook and in the Risk Assessment

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating tho Directorfs Report) (contlnu8d)
Year ended 31 March 2025
Document for the Water Tower. The Trust has a Collections Policy.
General Communlcatlons
83 Grosvenor Avenue. Carshalton Beeches, Surrey, SM5 3EN, Tel: 020 8669 1548.,
Email.. irvineknight@btinternet.com
Bankers
The Trustees, Account: HSBC, 54 Woodcote Road, Wallington, Surrey, SM6 ONJ.
The Friends, Accounts.. TSB Bank PLC, 40 Woodcote Road, Wallington, Surrey, SM6 ONR.
Objectives and activltles
The main objectives of the Charity are:
o To conseNe and restore the Trust's property.. The garden follies., The grade11 listed early-eighteenth-
century Water Tower and the Hermitage. The Spring Head and the mid*ighteenth century Sham
Bridge., The Grade 11 listed Garden, with mid-eighteenth century Lake design and the Lodge. Regular
monitoring is in place to evaluate the condition of each. This is carried out by the Trust through the
Friends, Committee and the Garden Committee. Conservation and restoration is guided by the ongoing
research of the Trustees and Friends.,
o To open the Trus¥s propety for the benefit of the General PubliG: In place are Sunday Openings of
the Water Tower from Easter to late September and openings of the Hemitsge on the first and the
third Sunday of each month when the Water Tower is open. In addition, the Trust supports national,
London and local heritage-related openings for the general public.
o To encourage and foster an interest in this heritage property.. Offered to all ages is a range of private
tours of the Water Tower, Hermitage and Garden, lectures and talks and children's quizzes. Support is
given to individuals and student groups for their project work. It is also the intention to establish the
resour￿ centre In the Lodge.
o To raise the profile of the Trusfs Properties.. Through Friends and Volunteers,. Keeping the Trust's
website, ￿w.carshaltOnwatertOWer.cO.uk updated; Advertising events directly in a conventional form
through the press, through networking via other websites, with other heritage and volunteer agencies,
locally and nationally.,
o To carry out research- Research is carried out by the Trustees 8nd Friends on the follies, the
pleasure grounds, the owners of Carshalton House Estate and related material,,
o To raise funds by means of a series of events, lettings and appeals to carry out the objectives set out
above.,

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Trustses. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Achlevements and performanco
Patron
The Trusys new patron,Todd Longstaff&Gowan, has brought his expertise in both a landscape history
and as a landscape designer.
The Support of Frlends & Volunteers
The Trustees are deeply indebted to the Friends and Volunteers, who are an integral part of the Trust,
for all their support with..
o Regularly checking and organlslng the malntenance of the property throughout the year",
o Promoting the Trust.,
o Raising funds;
Tho Trusfs Policios
There has been a review and upd8ting of all the Trust's policies.
The Property
The Trust has completed the following with respect to conseNation and public benefit:
o Two of the Saloon sash windows have been restored and general malntenance of the Water Tower
has been carried out.
The Grounds
o Two suNeys have been carried out, a tree survey and a biodwersity suniey;
o New railings have been installed to replace the old picket fence around the lake bank.,
o The Trustees have maintained the grounds.
o The Friends and Volunteers have maintained the g8rden in the immediate vicinity of the Water
Tower;
Health & Safety
o Additional lightning conductors have been added to the Water Tower for further protection of the
building.
o The routine testing of the Water Tower's fire extinguisher, lightning conductor and electrical
equipment has been carried out.,
o There have been no recorded accidents this year.
Promoting the Trust
The Trustees tried to promote and maintain the profile of the Trust as follows:
o Advertising through Friends, newsletters,. local publications., visiting other Friends, groups,.
o Publicity was gained by supporting national events.. Heritage Open days., London Open House,.
Wandle Festival- and k)cal festivals.,
o The Trust's Website, www.carshaltonwatertower.co.uk, and, Facebook, and regularly updating
information on both.,
o Ne￿OrkIng.. Continuing membership and attending meetings with the British Association of Friends
of Museums (BAfM} and Heritage Alliance" The London Museums, Group., The London Herilage
Volunteers,. The London Forum and The Wandle Valley Forum.,
o The Friends, Committee.. Via post & email,. telephone and Friends, Newsletters," attending meetings
of the Sutton Community Volunteer Sector and local organisations,
o A widening of the range of foreign language promotional flyers are offered, and an information board
showing the whole area of the pleasure ground, with descriptions, has been installed-,
Engaglng tho Ggnfrral Publlc
o This was carried out via the website and Facebook.,

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) {conllnU￿j
Yoar ended 31 March 2025
o Regular opening of the propety to the general public, as advertised, and offering private tours.
o Offering Tours of the listed landscape garden and Hermitage"
o The Friends offered a schedule of events which included a quiz for local groups, a concert, talks and
a film show"
o Hosting Neighbourhood Watch Meetings and allowing the use of the Water Tower for other local
groups"
Hlstorlcal Research & Training
o Research continued on the History of the Estate generally.,
o Specifically research for. The Orangery Display, The Hermitage Revisited. Also eighteen century
object de virtu for a new display and period tulip vases.,
o We have had an article, The Sham Bridge, written by Jean Knight, published in Follies, The
International Magazine, Follies, Grottos, Garden Buildings,No.119'
o Attending Birkbeck Garden History Group study day., Garden Museum's talks., Garden visits indude
Painshill,. The British Association of Friends of Museums, National Conference;
Financial revlew
Friends, Fund Ra181ng
o Friends, membership subscriptions.,
o Hires, 8vent8, opening to the public entrance fee, and donatlons,.
Reserves
The Trusfs endowment is Still invested with a charitable trust investment company.
The reason for the Trustees, and Friends, aim to achieve surpluses, over and above the running costs
of the Property, is to continue the Trust's programme of conseNation, restoration, research and the
promotion of its Propety in the widest sense. It is considered, by the Trustees, that it is prudent to
have reseNes because the Trust has the responsibility for Ilsted buildings and a Ilsted landscape.
The state of the Trustees, funds is monitored quarterly at Trustees, Management meetings and
monthly at the Friends Committ8e Meetings, to safegu8rd against irregularities and financial
mismanagement.

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantse
Trustees, Annual Report (Incorporating the Director's Report) (continu•dl
Year ended 31 March 2025
Plans for future perlods
The Trustees, and Friends, plans are devised to fulfill their charrtable status commitments.
For the Immedlate future..
o Carry out a feasibility study of possible methods of re-establishing the lake as a permanent feature,.
o Increase visitor, Friends and Volunteer numbers.
o To continue to monitor the condition of the Trusfs property and carry out general maintenance,.
In the medlum terni:
o Monitor the Trusys Property and address any problems.,
o Re-establish the mid*ighteenth ￿ntury lake as a permanent feature.,
o As a consequence to inform the student and general public of the nature of a mid-eighteenth century
pleasure ground;
o To enrich the biodiversity of the area by creating a range of wildlife habitats for the general public's
pleasure and instruction.,
o Establish the research centre.,
o Review the Trust's policy statements, rewriting where necessary.
In the long temi..
o Keep the Trusys property maintained;
o Continue to raise awareness of this historic site generally.
o Increase the range of relevant publications, thus puth-ng into the public domain ongoing research;
o Increase visitor numbers and range of visitors.,
Small company provlslons
This report has been prepared in accordance wtth the provisions applicable to companies entitled to
the small companies exemption,
The trustees, annual report was approved on
trustees by:
and signed on behalf of the board of
Mrs J Knight
Charity Se
ary

The Carshalton Water Tower and Historic Garden Trust
Company Limitsd by Guarantse
Independent Examinar's Roport to the Trustees of The Carshalton Water Tower
and Historic Garden Trust
Year ended 31 March 2025
I report to the trustees on my examination of the financial ststements of The Carshalton Water Tower
and Historic Garden Trust ('the chariv) for the year ended 31 March 2025.
Responslbllltles and basis of report
As the trustees of the company {and also its directors for the purposes of company law) you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 2006 ('the 2006 ACY).
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 exarnination, I report in respect of my examination of
the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act')- In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5){b) of the 2011 Act.
Independent examlnerfs Statement
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe..
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act,. or
the financial statements do not accord with those records. or
the financial statements do not comply with the accounting requirements of section 396 of
the 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 financial statements have not been prepared in accordan￿ with the methods and
principles of the Statement of Recommended Practi￿ for accounting and reporting by
charities applicable to charitles 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.
C.C(L￿
Brooks Carling Accountants Limited
Independent Examiner
The Studio
1 Canons Lane
Burgh Heath
Surrey
KT20 6DP
Is lts.vi

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Statement of Financial Activities
{including income and expenditure account)
Year ended 31 March 2025
2025
Unrestricted
funds Total funds Total funds
2024
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
Other income
691
1,031
27,150
12,923
41,795
691
1,031
27,150
12,923
31,672
742
26,673
15,913
75,000
Total income
41,795
Expenditure
Expenditure on ralsing funds:
Costs of raising donations and legacies
Expenditure on charitable activities
Totsl expendlture
37,170
10,551
47,721
37.170
10,551
47,721
41,178
11,039
52,217
10,11
Net gains on investments
12
17,998
17,998
13,132
Nat Income and nat movamant In funds
12,072
12,072
35,915
Reconciliation of funds
Total funds brought forward
Total funds carrfed forward
794,076
806,148
794,076
806,148
758,161
794,076
The statement of financial activities includes all gains and losses recognised in the ye8r.
All income and expenditure derive from continuing activities.
The not68 on pages 10 to 17 form part of these financlal statements.

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantse
Statement of Financial Position
31 March 2025
2025
2024
Note
Fixed assets
Investments
16
785,092
759,944
Current assets
Cash at bank and in hand
22,106
34,942
Credltors: amounts falllng due within one year
Net current assets
17
1,050
810
21,056
806,148
806,148
34,132
794,076
794,076
Total assets less current Ilabllltles
Net as8ets
Funds of the charity
Unrestricted funds
808,148
806,148
794,076
794,076
Total charity funds
18
For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the company to obtain an audit of ts financial statements for the
year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicabla to
companies subject to the small companies, regirne.
These financial statements were approved by the board of trustees and authorised for issue on
J.C4.w.k& and are signed on behalf of the board by..
Mr C Orton
Trustee
The notes on pages 10 to 17 fomi part of these financlal statoments.

The Carnhalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notes to the Financial Statements
Year anded 31 March 2025
General Informatlon
The charity is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charty in England and Wales. The address of the registered
office is The Studio, 1 Canons Lane, Burgh Heath, sU￿y, Iff20 6DP.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accountlng pollci88
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 and investment properties measured at fair
value through income or expenditure.
The financial ststements are prepared in sterling, which is the functional currency of the entity.
Golng concem
There are no material uncertaintles about the charity's ability lo continue.
Judgements and key sources of estimation uncertalnty
The preparatlon of the financial statements requires management to m8k8 judgements,
estlmates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of two sub<lasses: restricted income funds or
endowment funds.
10-

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Accounllng pollcle8 (contlnued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity., it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income:
income from donations or grants is recognised when there is evldence of entitlement to the
glft, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
incorne from donated goods is measured at the fair value of the goods unles5 this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
ontribution of general volunteers.
income from contracts for the Supply of services is recognised with the delivery of the
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.
Resourcos •xpendod
Expenditure is recognised on an accruals basis as a liability Is incurred. Expenditure includes any
VAT which cannot be fully recovered. and is classified under headings of the statement of
financial activities to which it relates:
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governan￿ of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is nerther related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activty. Shared Costs are apportioned
be￿een the activities they contribute to on a reasonable, justs'fiable and consistent basis.
Investments
Unlisted equity investments are initially recorded at cost. and subsequently measured at fair
value. If fair value cannot be reliably measured, assets are measured at cost less impairment.
Listed investments are measured at fair value with changes in fair value being reccgnised in
income or expenditure.

The Carshalton Water Tower and Historic Garden Trust
Company Limit8d by Guarantee
Notes to the Financial Statements (conllnued)
Yoar ended 31 March 2025
Accounllng policies (¢0ndnu￿j
Investments In as8oclates
Investments in associates accounted for in accordance with the cost model are recorded at cost
less any accumulated impairment losses.
Investments in associates accounted for in accordance wilh the fair value Model are initially
recorded at the transaction price. At each reporting date, the investments are measured at fair
value, with changes in fair value taken through income or expenditure. Where it is impracticable
to measure fair value reliably the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without
regard to whether the distributions are from accumulated profits of the associate arising before or
after the date of acquisition.
Investmants In Jolnt Vontures
Investments in jointly controlled entities accounted for in accordance wlth the cost model are
recorded at cost less any accurnulated irnpairment1055es,
Investments in jointly controlled entities accounted for in accordance with the fair value model are
initially recorded at the transaction price. At each reporting date, the investments are measured at
fair value, with changes in fair value taken through income or expenditure. Where it is
impracticable to measure fair value reliably the cost model will be adopted.
Dividends and other dlstributions received trom the investment are ￿e09n[Sed as income without
regard to whether the distributions are from accumulated profits of thejoint venture arising before
or after the date of acquisition.
Impalrmont of r￿ed 8880ts
A review for indicators of impaimient is carried out at each rewirting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value eX￿edS the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impalrment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unlt to whlch the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely Independent of the
cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combinats-on is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combinats'on, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Financial Instruments
A financial asset or a financial liabilty is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
12-

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notss to tho Financial Statsments (continued)
Year ended 31 March 2025
Accountlng pollclos fcontlnuod)
Financial instrumonfs (¢ontlnued)
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
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.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequentty measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or finan￿d at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a marl(et rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured at cost or 8mortlsed cost are reviewed for objective evidence
of impairment at the end of each reporb'ng date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equlty instruments regardless of significance, and other financial assets that are
indivldually slgnificant, these are assessed individually for impairment. Other financial assets are
either assessed Indlvldually or grouped on the basis of similar credit risk characteristics,
Any reversals of impairment are recognised immediately, to the extent that the reversal d￿S not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Limited by guarantee
The company is limited by guarantee and has no share caprtal. All directors are also members of
the company, each being liable to contribute to the assets of the company a sum not exceeding
£10 upon liquidation of the company, to meet the debts and liabilities incurred before he or she
ceases to be a member. The company has also been granted exemption from using the word
"Limited" in the title of the company.
Donatlons and legacies
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Donatlons
Donations
251
251
31,475
31,475
13-

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notes to the Financial Ststements (contlnued)
Year ended 31 March 2025
Donatlons and legacle8 (conUnu•d)
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Subscriptions
Subscriptions
440
197
197
691
691
31,672
31,672
Charitablo activltieg
Unrestricted Totsl Fund8 Unrestricted Total Funds
Funds
202S
Funds
2024
Income from events
1,031
1,031
742
742
Invogtm•nt Income
Unrestricted Totsl Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Other investment income
27,150
27,150
26,673
26,673
Other Income
Unrestricted Total Fund6 Unrestricted Total Funds
Funds
2025
Funds
2024
Lettlngs
Rent recelved
Admission sales
Miscellaneous income
Contract catering
Book sales
2,580
9,027
865
60
361
30
2,580
9,027
865
60
361
30
5,560
9,027
1,033
5,560
9,027
1,033
156
137
156
137
12,923
12,923
15,913
15,913
Costs of ralslng donatlons and legacles
Unrestricted Total Funds un￿StrICted Totsl Funds
Funds
2025
Funds
2024
Costs directly related to the working of
the Trust
37,170
37,170
41,178
41,178
14-

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notes to the Financial Statements {¢ontlnued)
Year ended 31 March 2025
10. Expendlture on charitable actlvltl88 by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Management & administration
10,551
10,551
11,039
11,039
11. Expendlture on charitable actlvltles by activity type
Activrties
undertaken Total funds
directly
2025
Total fund
2024
Management & administration
10,551
10,551
11,039
12. Net gains on Investments
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Gainsl(losses) on listed investments
17,998
17,998
13,132
13,132
13. Ind?pondent axaminatlon foeg
2026
2024
Fees payable to the independent examiner for.
Independent examination of the finanGial statements
1,050
810
14. Staff ¢08ts
The average head count of employees during the year was 7 (2024: 7). The average number of
full-time equivalent employees during the year is analysed as follows..
2025
2024
No.
Number of staff - trustees
No employee received employee benefits of more than £60.000 during the year (2024.. Nil)
15. Trustee remuneratlon and expense8
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees.
15

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notes to the Financial Statsments (contlnued)
Year ended 31 March 2025
16. Inv8Stments
Other
investmants
Cost or valuatlon
At 1 April 2024
Additions
Disposals
other movements
759,944
27,150
(20,000)
17,998
785,092
At 31 March 2025
Impalmient
At 1 Aprll 2024 and 31 March 2025
Carrying amount
At 31 March 2025
785,092
759,944
At 31 March 2024
All investments shown above are held at valuation.
17. Creditors: arnount8 falllng due wlthln one year
2025
2024
Accruals and deferred income
1,050
810
18. Analysis of charitable funds
Unrestrlcted funds
At
Gains and 31 March 202
losses
At
1 April 2024
Income ExpendSture
General funds
794,076
41,795
(47.721)
17,998
806,148
At
Gains and 31 March 202
losses
At
1 April 2023
Income Expenditure
General funds
758,161
75,000
(52,217)
13,132
794,076
The unrestricted fund represents the reserves of the company that are not subject to any
restrictions regarding their use and are available for application to the general purposes of the
mpany.
16-

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notes to the Financial Statements (¢onllnuedJ
Year onded 31 March 2025
19. Analysls of net a888ts bétween funds
Unrestricted Total Funds
Funds
2025
Investments
Current assets
Creditors less than 1 year
Not assets
785,092
22,106
(1,050)
806,148
785,092
22,106
11,050
806,148
Unrestricted Total Funds
Funds
2024
Investments
Current assets
Creditors less than 1 year
Net a8set8
759,944
34,942
(810)
794,076
759,944
34,942
(810)
794,076
17-