Charity number: 1093502
J & C Findlay Charitable Foundation
Unaudited
Trustees, report and financial statements
For the year ended 30 September 2024

J & C Findlay Charitable Foundation
Contents
Page
R¢ference and administrative details of the charity. its TTUStees and advisers
Trustees, report
Independent examin¢Vs report
Staiement of fitwicial activities
Balancc shcet
Notes to ihe financial ￿ateMentS
7-12

J & C Ffindlay Charitable Foundation
Reference and adminislrative details of the charity, its Trustees and advisers
For the year ended 30 September 2024
Trustees
J.W. Findlay, Chair
C.B. Findlay
Dr. K.H. Findlay Whittle
C.J. Findlay
Charity registered humber
1093502
Principal office
I Pimpernel Close
Bearsted
Kent
ME14 4QQ
Aceountsnts
UHY Hacker Young
Chart¢red Accountants
Thames House
Roman Square
SittinglK>urne
Kenl
MEIO 4BJ
Page I

J & C Findlay Charitsble Foundation
Trustees, report
For the year ended 30 September 2024
The Trust¢¢s present their report, togethcr with thc unaudited accounts for the year cnded 30 Septemb¢r 2024. The Trustees confinn thal
the report and financial stdtrments comply with th¢ ¢urrent statutory r¢quircmcnts, Ihe requircmcllts ot charity'5 govcrning document and
thc provisions of th¢ Siatement of Recommcndcd Practice {SORP). applicablc to chatities preparing their a¢counts in accordance with
the FiDancial Reporting Standard applicablc in lh¢ UK and Republic ofireland (bRS 102) {ctYcctivc l January 2019}.
HISTORY, OBJECTS AND CONSTITUTIOIY
I'he Foundation's govcrning documcnL tbc J & C Trindl&y Lharilable boundation SettlemenL was madc on 14 April 2002.
The main object of thc J & c findlay Ch<Witabl¢ Troundalion is the g¢nerntion of incomc for ch&ritablc distribution within th¢ United
Kingdom or any other part ()f the world, as the Trustccs shall in thcir discrction s¢c fiL In particular, the Foundation will conccntratc on
making grants in th¢ areas of education, Tcligion, medicine and th¢ arts, with an ¢mph&sis placed on supporting local charitable
organisatioDs.
The maill specific objective for the year ¢nded 30 S¢ptemb¢r 2024 was to incrcasc the gjnount and range of the Foundalion's Charitable
giving.
TRUSTEES, GOVERNANCE ALYD STRUCTURE
The Trust¢¢s during th¢ year were as follows'.-
J.W. Findlay
C.B.Findlay
C.J. Findlay
Dr. K.H. Findlay Whittle
Tbe Trustees meet regularly throughout the y¢ar, and the powers and discretions vested in the Trustees, &s sel out in ihe J & C Findlay
Charitabl¢ Foundation Settlement, excrcisable by a majority in numb¢r of the Trustees. This sncludes any decision to appoint an
additional or new Trnstees. All d¢¢isions ar¢ made in meetings and arc minuted.
The Trustccs have the power to invest in such assets as they sce fiL but where necessary financial adv?¢¢ is sought from persons with
relevant experience.
ACHIEVEMENTS AND PERFORMANCE
"I"he Trustees are satisfied that thc grants and donation made during the year meet the public bcnefits requi￿M¢nts. vfihe Charities Act.
New grants were made to thrcc charitics absocialed with a family meniber. Alexandcr Draper, WILO dicd in November 2023.
Income continues to bc at a lowel level. In Yiew of the strong asset position, T￿stccS are prcparcd to continue paying grants in excess of
th¢ current income.
FINANCIAL REVIEW ALYD GENERAL RESERVES POLICY
The portfolio produ¢¢d an encouraging rethrn largely as a result of the perfomiance of US and UK equities.
The result for the year, prior to movemeni on investments. was a net deficit of £22,831, ¢ompar¢d to a deficit of £15,366 in the Prior year.
This result was as planned and is in lin¢ with the Tru5tees' curTent Strategy of paying grants in excess of the investment income received.
The ov¢rall result. after net gains on investments of £231,851 (2023.. £24, 734), was a surplus of £209,020 Q023.. £9,368)-
PLANS FOR FUTURE PERIODS
The Lharity ¢ontinu¢s to seek opportunities to widen the base of ¢hariti¢s lo support.
Following th¢ r¢sults of the US election, the outlook for world trade 15 more unsettled than it has been for some time. Gov¢mment
borrowing around the ivorld is ai historical high levels which is a cause for ¢on¢em. Geopolitica] tensions hav¢ not diminished.
Whilst some equity markets s¢em to represent good value, overall th¢ next 12 months may be a time for caution.
Page 2

J & C Findlay Charitable Foundalion
Trustees, report (continued)
For the year ended 30 September 2024
RISK MAI¥AGEMENT
The Trustccs have Lxamincd thc major strat¢gi¢, business and op¢rntional risks which thc Foundation facc5 and confirn) that 5y5tems
havc bc¢n establishcd to enable regular T¢POrts to bc produced so that th¢ n¢¢essary stcps be takcn to lessen these risks.
RESPONSIBtLITIES OF THE TRUSTEES FOR THE ACCOUNTS
Th¢ Trustees are responsible for preparing the Trust¢es' Report and ihe financial stal¢rnents in accordance with applicable law and Unitrd
Kingdom Acoounting Standards (Unitrd Kingdom Generally Accepted Accounting Prnclice).
The law applicable to charities in England and Wales requires th¢ Trustees to prepare financial statements for ¢a¢h finallc1￿ year which
give a true and fair view of the state of affairs of the Charity and of the incoming resOU￿e$ and application of resources of th¢ charity for
Ihal period. In preparing th¢s¢ fjnancial stal¢m¢nty the Trnste¢s are required to:
s¢l¢ct suitable a¢¢ounting policies and then apply them consisl¢ntly-
observe the methods and principles in the Charities SORP (FRS 102).
make.judgments and accounting estimates that are reasonabl¢ and pYud¢nl'
state whether applic&bl¢ UK Accounling Stsndards (FRS 102) have be¢n followed, subject to any material departures disclosed and
explained in the financial statem¢nls" and
prepare the financial statements on the going concern basis unl¢ss it is inappropriate to presume that the charity will continue in
operation.
The Trustees are r¢sponsiblc for keeping propeT accounting rcLords that arc sufficient to show and explain thc chaTity's transactions and
disclosc Mryth r¢asonablc accuracy at any time the financial position of th¢ charity and cnable them to cnsuT¢ that the finanLial statcmcnts
ci>Tnply with thc c.harities Act 2011, the applicable Charity (Accounts and Rcports) Regulation5 2008 and thc provisions ot. th¢ 1.rnst
deed. Thcy w¢ also rcsponsible for safcguarding th¢ asb¥ls of the charity and hencc for taking reasonabl¥ sl¢ps for thc prevention and
dctcction of fraud and other irrcgularilies.
Approved by order ofthe members ofthe board of Trustees and signed on their behalf by:
J.W. Findlay
C.B. Findl*y
Date:
Page 3

J & C Findlay Charitable Foundation
Independent examiner'5 report
For the year ended 30 September 2024
Independent examiner's report to the Tr￿SteeS of J & C Findlay CharitAble FoundatlOD ('tht tharity,)
I report to the charity"I"rusl¢es on my examinalion of ihe accounts of the charity for the year ended 30 September 2024.
Responsibilities and basis of report
As the Trnstees of the charity you are responsible for the preparation of the accounts in accordance with the requiremenls of the Charili¢s
Act 2011 ('the 2011 Act,).
I report in respect of my examintdtion of the charity's accounts carried out under section 145 of the 2011 Act and tn carrying out my
examination I hav¢ followed the applicable Dir¢¢tions given by th¢ Charity Commission under section 145(5)(b) of the 2011 Aci.
IDd¢pendent examiner's statement
Your attention is drawn to the fact that th¢ charity has prepared the accounts in ac¢ordanc¢ wilh 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 R¢publi¢ olIreland (FRS 102) in preference to the Accounting and Report&ng by Charities.. Ststemcnt of
Recommended Practice issued on l April 2005 which is referred to in the extant regulations bui has been withdrawn.
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 effectivc for reporting periods beginning on or after l January 2015.
I have Complded my ¢xaminalion. I confirn] ihat no matters have come to my attention in connection M'ith the examination giving me
cause to believe that in any material respect..
accounting records were not kept sn respect of the charity as required by section 130 of the 2011 Act. OT
the accounts do not accord with those records. or
th¢ a¢¢ounts do not comply with the applicable requiremenis conceming the forni and content of accounts set out in the
Charities (Accounts and Reports) Regulations 2008 other than any r¢quir¢m¢ni that ihe accounts give a'true and fair, view
which is not a matter considered as part of an indcp¢ndent examination.
I hav¢ no concerns and have com¢ ￿rOsS no other matters in connection with th¢ ¢xamination to which attention should be drawn in this
report in order to enable a proper understanding of the accounts to b¢ r¢a¢h¢d.
This report is mad¢ sol¢ly to the charity's TTUStees, as a body, in accordance with Part 4 of the Charities (Accounts tthd Reports)
Regulations 2008. My work has been undertaken so thal I might state to Ihe charity's Trust¢¢s those matters I am required to state to them
in an Indep¢nd¢nt examiner's report and for no other purpose. To the fullest ¢xtent permitted by law. I do not accept or assume
responsibility to anyone other than the chariTy and the Charity's Twstees as a body, for my work or for this report.
Signed..
1LIi￿trL loE,-
Dated:
l O February 2025
Allan Hickie Bsc FCA
UHY Hacker Young
Chartered Accountants
Tham¢s House
Roman Square
Sittingbourne
Kent
ME104BJ
Page 4

J & C Findlay Charitable Foundation
Statement of financial activities
For the year ended 30 September 2024
Unrestricted
funds
21b24
Total
funds
2024
Total
funds
2023
Note
Ineome from:
Donations and legacies
Investm¢nts
5,000
38,054
5,000
38,054
40,262
Tolal iD¢ome
43,054
43,054
40,262
Expenditure on:
Raising funds:
Invc5tmcTrt munagement charges
Charitable aclivities=
10,695
10,695
JO,478
Grants and donations
54,000
1.190
54,000
1,190
44,000
I, 150
Support costs
Total exp¢nditure
65,885
65,885
55,628
Net expenditure before net gains on investments
Net gains on inv¢stments
(22.831)
231,851
(22,831)
231.851
(15,366)
24, 734
Net movement in funds
209,020
209,020
9,368
RecontiliAtion of funds:
Total funds brought forward
Net movement in funds
2.149,292
209.020
2,149,292
209,020
2, 139,924
9,568
Total Cunds carried forward
12
2.358,312
2,358,312
2, 149,292
The Statem¢nt of financial activities includes all gains and losses recognised in the year.
The notes on pages 7 to 12 forni part of these financial statements.
Page 5

J & C Findlay Charitable Foundation
Balance sheet
As at 30 September 2024
2024
2023
Note
Fixed assets
Investsn¢nts
2,284.198
2,044,208
Current Assels
Cash at bank and in hand
75,236
106,159
75,236
106,159
Creditors.. amounts falling due within one year
io
(1.122)
(1,075)
Net rurrent assets
74,114
105.084
Totsl net assets
2,358,312
2, J49,292
Charity funds
R¢stri¢ted funds
Unr¢slricted funds
12
12
2,358,312
2.149,292
Tot#1 fund$
2,358,312
2, 149.292
The financial statements were approved and authorised for issue by the Trustees and 5ign¢d on their behalf by:
J.W. Findliy
C.& Findl8y
Date:
The notes on pages 7 to 12 forni part of these financial ststements.
Page 6

J & C Findlay Charitable Foundation
Notes to the financial statements
For the year ended 30 September 2024
General inforJnatioD
The J & C Findlay Charithble Foundation is a charity. registered in England and Walcs. Its principal office is I Pimpernel Close,
Bcarsted, Kent. ME14 4QQ.
Thc natur¢ of th¢ charity's operations and ils principal activity is gcncratiThg income for distribution, with thc fvcus on making
gr¥mts in the areas of cducation, religio]￿ mcdicinc and thc arls. with an emphasis placcd on supporting local charitablc
organisations.
Accounting policies
2.1 Basis of preparation of fin*ncial statements
Thc financial statemcnts havc been prepared in accordance with the Charities SORP {FRS 102) - Accounting and
Reporting by Ch￿Illes. Stat¢m¢nt of Recommended Pr￿tICe appli¢abl¢ to charities preparing their accounts in accordance
with the Financial Reporting Standard applic&ble in the UK and Republic of Ireland (FRS 102) (effectivc l January 2019).
the Financial Reporting Standard appliGable in the UK and Rq)ublic ofIr¢land IFRS 102} and the Chariiies Act 2011.
The financial stateni¢nts have been prepared to give a 'tw¢ and fair, view and have departed from the Charities (Accounts
and Reports) Regulations 2008 only to the extent required to provide a 'tru¢ and fair, view. This departure has involvcd
following the Charilies SORP {FRS 102) published in October 2019 rathcr than the A¢¢ounting and Reporting by
Charities.. Statement of Recommended Practice effective from l April 2005 whi¢h has sinc¢ been withdrawn.
J & C Findlay Chariiable Foundalion meets the definilion of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transactioTh value unless otherwise slat¢d in the relevant accounting policy.
2.2 In¢ome
All incom¢ is recognised once the charily has entitlement to the income, it is probable that the income will b¢ received and
the amount of incom¢ receivable can be measured reliably.
2.3 Expendithre
Expenditurc is recognised once there is a legal OT constrnctiv¢ obligation to transfer economic benefil to a ihird party. it is
probablc that a transfcr of cconomic b¢nefits will be rcquiT¢d in sctt1ctn￿I and the amount uf ihe obligation can be
measured rcliably.
Ixpcndilur¢ on raising fijnds compTiS¢S investment managcmcTht charg¢s.
Expenditurc on churitable activitics is incuTrcd on dir¢ctly undertaking the activitics which further thc charity'5 vbj¢¢tives.
as well as any associated suppori costs.
CJrants pa)'able Charged in thc year whcn ihe olTer is made except in those cas¢s where the offcr is condilional, such
grants being recogniscd as cxpendiwre when the conditions atiaching are fulfilled. Gra￿t5 offcred subject lo conditions
which have not been met at the ycar end are noted as a commitmcnL but not accrued &s ¢xpenditurc.
Details of any individual grants in excess of I￿/0 of the yearfs total giving disclos¢d in Note 5 provided thai ihese in
aggregat¢ amount to at least of annual giving.
All expenditure is inclusive of irrecoverabl¢ VAT.
2A Interest r¢¢eivable
Interest on funds held on deposit is included when receivabl¢ and the amount can be measured reliably by the charity. this
is nonnally upon notification of the interest paid or payable by the institution with whom th¢ funds are deposited.
Page 7

J & C Findlay Charitable Foundation
Notes to the financial statements
For the year ended 30 September 2024
Ateounting policies (continued)
2.5 Investments
Fixcd asset inv¢stm¢nts are a forni of financial instrument and ar¢ initially rccogniscd at their transaclion cost and
subs¢qu¢ntly measurcd at fair value ￿ the Balan¢¢ sh¢et date, unless the valuc cannot b¢ measured reliably in whiLh ¢as¢ il
is mc&surcd at cosl less impainnent. Investmcnt gains and 10ss¢4 whether rcaliscd or unrcali5¥& are combined and
preseni¢d as 'Gains/(Losses) on IDvestmcnts' in Ihe Staiement of financial activities.
2.6 Financi41 instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic
fjnancial instruments are initially recognised al Iransaction value and subsquenily measured at their sctilement valu¢ wilh
the exception of bank loans which are subsequently mtasured at amortised ¢ost using the effective interesl method.
2.7 Fknnd accounting
Gencral tunds are unrestricted funds which arc availdble for US¢ at ihe discretion of the Trustees in thrtheran¢¢ of the
general obj¢ctlV¢s of the Charity and which have noi b¢¢n d¢signated for other purposes.
Inv¢stment income, gains and Ioss¢5 are allocated to the appTopriat¢ fund.
Income from donations And legacies
Unrestricted
funds
2024
Total
funds
Total
2024
2023
Donations
5,000
5.000
Inves¢m¢nt income
Unr¢stri¢ted
funds
2024
Total
funds
2024
Tolal
2023
Dividends and distTibutions
Inl¢r¢st r¢c¢iv¢d
35,415
2,639
35.415
2.639
36.680
3,582
38.054
38,054
40,262
Annlysis of 2023 iolal
40,202
40,262
Pag¢ 8

J & C Findlay Charitable Foundation
Notes to Ihe financial statements
For the year ended 30 September 2024
An41ysis of grants
Grants to
In5titu¢ions
2024
Grants to
Individua
Total
funds
2024
Total
lunds
2023
2024
Granty Charitable exp¢nditur¢
49.000
5,000
54.000
44.000
Antsl)?sis of2023 tolal
57,500
6,500
44,000
The charity has niade the following mal¢rial grants to institutions during the year:
2024
2023
Name of insti¢ution
Shannon Trust
Heart of Kent Hospice
Crossroads Care
5,000
7,000
5,000
5,000
5,000
10,000
5, 000
5,000
5,000
5.000
Combat Stres5
Th¢ 3H Foundation
South Marche5 Scout Council
37,000
27,000
Other grants to institutions
12.000
10,500
49,000
37,500
Analysis of expenditure on charitsble *ctivities
Summary by fund type
Unrt5tricted
funds
2024
Totsl
2024
Total
2023
Charithble expenditure
55,190
55,190
45,150
Analysis of 2023 iotol
45.150
45, 150
Page 9

J & C Findlay Charitable Foundation
Noles to the financial statemenls
For Ihe year ended 30 September 2024
Analysis of expenditure by activities
Grant funding
of artivities
2024
Total
funds
2024
Total
funds
2023
SuppDrt cost5
2024
Charitable expenditure
54,000
1.190
55.190
45,150
Analysis of2023 to¢t71
44,000
1,150
45,150
Analysi$ of support tosts
Total
funds
2024
Tolal
2023
Independent Examination fee
Bank charges
1.122
68
1,075
75
1,190
I, 150
Trustees, remuntr&tlon And expenses
During the year, no Trustees r¢ceiv¢d any remuner&tion or other benefits (2023 - £NIL).
During the ycar ended 30 S¢pt¢mber 2024, no Tn￿te¢ exp¢nses have been incurred f2023- £NIL).
Fixed asset investments
Listed
investments
Cost or valujtion
Al l O¢iob¢r 2023
2.044,208
679,242
(671.103)
254,806
(22,955)
Additions
Disposals
Revaluations
Forcign cxchang¢ movement
At 30 September 2024
2,284,198
Page 10

J & C Findlay Charitable Foundation
Notes to the financial statements
For the year ended 30 September 2024
io.
Creditors: Amounts falling due within one year
2024
2023
Other creditors
1,122
1.075
ii.
Finan¢ial instruments
2024
2023
Financial Assets
Financial assets m¢asur¢d ai fair value thTough income and expenditure
2,359,434
2,150,367
2024
2023
Fin*nti#l liabilities
Financial liabilitics mcasured at amortis¢d cost
1,122
1,075
Financial assets measured at fair value through in¢ome and expenditure compris¢ listed invesimcnts and other cash balances.
Financial liabilities measured at amortised cost compris¢ other ¢r¢ditOTS.
12.
Statement of funds
ststement of funds- current year
Balanee at 30
S¢ptember
Balance at I
Oetober 2023
Gains1
(Losses)
Incomt
£xp¢ndilure
2024
Unrestricted fynds
General Funds
2,149,292
43.054
(65,885)
231,851
2,358,312
Statement of funds- prior ye8r
Balance al
30 September
2023
B&71aNce al
l O¢iober 2022
GaipJs/
(Losses)
Income
E¥penditure
Unrestricted fuDds
General Funds
2,139, 924
40,262
(55,628)
24, 734
2, 149,292
Pagell

J & C Findlay Charitable Foundation
Notes to the finaneial statements
For the year ended 30 September 2024
13.
Analysis of assets betsveen funds
Anilysls of net assets between funds- current period
Unrestrieted
funds
2024
Totsl
funds
2024
Fixed asset investments
2.284.198
75.236
(1,122)
2,284,198
75,236
{1,122)
Current assets
Creditors du¢ within onc year
TotAI
2,358,312
2,358,312
Analysis of nel assets between fund5- prior period
Unrestricled
funds
2023
Tolal
fvnd
2023
Fixed &sset investmcnts
2,044,208
106, 159
(1,075)
2,044,208
106.159
(J,075)
Current &ssets
Creditors due within one year
Total
2,149,292
2, 149,292
Page 12