Charity reglstratlon numbar 1104918 (England and Wales)
THE WATH SAMWAIES TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
If? xpinodin

THE WATH SAMWAIES TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Mr N BTadirvJ
*¥ C Tfflrny
Charlty numbtt (England •nd Wal••)
1104918
Prfnclp•l •ddr•••
Ind•p•nd•nt wfflln•r
ingdln
A28L

THE WATH SAMWAIES TRUST
CONTENTS
Twstetrs, rwl
trMl4eThJenl exafflin8ts reprAI
Stalemgnl of finond81 athloes
Baknce sheet
Notesto the lln8ndal ststements
6-13

THE WATH SAMWAIES TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 310ECEMBER 2025
Th& trus￿￿ present the5r aFhnual reportgnd fingnual statmnts for tho ygar onded 31 December 2025.
The accLJunts have been prepared In accordance with the 8¢o)unting poUcie$ s8t crtrt In noto 1 to thg acrjjunts and
comply wilh the Iru¥l deed. the Charities Act 2011 and "Awuntlng and Reporting by Chaiiti88'. Sta*menl of
Recommended Pia¢llee appli￿ble to charities preparfng their accounts in a¢cordan¢• the Firwic41 Reporling
Standard applicable in tho UK and R8publlc of Ireland {FRS 1021 leifective l J8miary 20191..
ObJectlv•8 and acU¥ltte$
The trust's objectives 8rè:
- To adv8iKe the education of young people under 25 who are restdenl th tho oD*do$ttcal parish of St lltsrfs
Church. Wath. Ripon. Norlh Yo)kshire'
- For the relief of hardship for peopltr over 75 years vjho restde in the eccI￿laS*cal parlth ot Vknth, Rip￿, North
Yorkshlre" and
- To establsh or to ge￿￿e the esl•blishm•nt ol 8 commLmlty ￿tre for the rwklents of Vrfalh. Rltm, North
Yorkshlro.
Th? p)liclo9 adopted In furthera1￿ oi obleds are to mako gTrnts to indlvldual$ and crfganl￿tiOnS and to
D￿e buiklings. fadlUes and open spaces. Thero Iw b¢8n no d￿nge in Ih&sè pollrAeg durbw the year.
Thtr Irustee$ have paid du& rowd to guldgnce Issued by Ihe Chwity Commi4Blon in dwxduvJ vhwt ¥di￿ti¥S tl
IN8t Sho￿d U￿ertake.
Achl•vements and wformnce
In 2025 the TNst continued to OSSiSt ytyjng peoF49 in e￿￿tIon 1098th•r vAth the Senlor r8sthts of lh8
de8iastical p81ish ofwath, Ripon. North Yothshlrn.
The Trust has rerAiv8d a low8r number of aWic8tions fof wstsnce ui the ytrar. res￿￿ng in pasrywts tolmlling
£1.860 during the year12024 £2,910).
Flnanclal
Th& St8temenl of Finemdal AciN1￿S shtsws an overall Increa89 in reseryes in the ye8rof £109.51812ff24- Incre8se
£5.7341. Induding net g8in$ frorn Investrnents investment prtspertie8 of £100.49312024- gains of£1,6201.
As al 31 December 2025 the charity urv8Strict¢d bjnds of £245.490 12024 - £239.9721 and pemianant
¢ndowmenl fi4nds of £1.056.74312024- £952.7431. The unrestirct•J fvnds Include at b8nk of £181,971 {2024
- £171.5721 and tsNe8knents valued at £69,75712024. £732641.
ReseNespoky
is the poky of the trust thai unrnstricted frjnds vknith have not been de51gn8ted for a spedfic use sh￿Id be
mainlained 01 a lèvel equivalent to bethen Ihree and six month's expenditure. Th¢ tru5tses Cons￿er that reseNes
at this levd will ensure thaL in the event ol 8 Significant drop in fundbng, they VAII be able to continue Ihe trusfs
ojffent activttles vAthe rm5idèral1c￿ ig gNen to ways in whlch additson81 frjndg may b¢ raised. This level of res8NeB
has been maintsined throughout the year.
StnKture* govomance and managgmon¢
The unlnojrporaled Irust was ¢slablish¢d by a d8daradon of tf￿￿ date(11 Juty 2004 as vwied by a
deed daled 3 March 2005.
The trustees who sery¥d duthg Ihe y•ar and up to the d8t& ofsignalure of ths finan¢lal ststements ware:
Mr8 J Clarkè
Mrs J Graham
Mr M Ranson
Mr N Br8du
Mrs c fthxy

THE WATH SAMWAIES TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Tnjstogs ar• gpwnted by the bo8rd of tnjstees. Th8T• Is no formal tralnlng ol truylegs bul 8el8(*on of lrnstttg Lg
onty made trom Ih08e wlth siwificanl Inter•sl and relovanl skills in Ihe trust's aims and o¥edvfjs.
Tho trust¢￿ ma•t Togularly as needed lo agrno am8 of actlvlty fortho trust.
Th• Tn￿1￿8. report was 8pprov•d by the Board 0fTruste￿.
J Clark•
Tru8t••
11 May 2028

THE WATH SAMWAIES TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE WATH SAMWAIES TRUST
I report to th& INSt•￿ on my examIna￿On of the fin8ndal otstements ofThe W&th S8mwal•g Trwi Ilhe tN8tI for the
year andod 31 D￿rnber 2W25.
Ro•pon8lbl1ttl￿ and b￿1* of rnport
the ¢wsteo$ of the trust you are re3ponsib￿ for the prnp8ration of tho flnanclil $tOtem8nts in 8¢oJrdanGe Twlth th&
rnqiurements ol the CharffjosAcl 2011.
I report In re$p8cI of my èxaminabon olthe trugvs fflnan¢lg1 ytat8ments c8rrfed oul undor sectkin 145 of Ihtr Charfll
t 2011. In car￿n9 out my examlnation I havo Idlowed the Dlr8dlons g￿en by th8 Charty CommlBdon ￿dfjr
¢Ih￿ 145lSllbl ol the Charfllo#A¢l 2011.
Ind•p•nd¥nt •Mmlnwts Btsl•m•nl
Your attontion 18 drawn lo the f8¢t Ihat tho ch8dty ha$ preparnd the financl81 stslements In ac¢o￿an¢* wllh Ihe
relèv•nt vor81￿ of the Ststem￿t of R8comm8ndod Pr8Ctlce appllcable lo ch8illle8 prepbdng th¢lf ffinandal
stalwments In accordance wllh Ihtr Flnan¢lo1 Ropol￿n9 Standard 8ppll¢Abl& In the UK gnd Republ1¢ ol Ireland IFRS
1021 In praference to ihe Ac£ounUng Jnd R•portlng by ChArttl•8.' Stattrmgnl Of Rocommended P1acU￿+S8￿8d on 1
Aprfl 2005 wthlth 18 referred to In th& &xtsnl r8oulgtion8 but ha8 now been wllhdrawn. l under81and Ihat th18 ho8
b8en done In order lor the Ilnandal gtat•menls to provld¢ a tru• and falr In 8￿rdAnCe ￿1￿ UK G8n6raly
¢•pted Ac¢ounllng PrncUc*.
I have comploied my •xomln#Uon. I cJ)nfirm thal no mattord have com• to my att•nI1￿ In conn•¢Uon vAth lh•
ox8mln¥lloTr gfvin9 m& c8uae to bellwe that In ony fflalorfal rèycl..
8ccounUn9 records wer• nol k•pt In r•8p8ct of the Iru8l As requlr•d by 8•cUon 130 Oft￿ Ch•rfUesAct 2011.
the Ilrkand•l 8tatem•nts do not 8¢￿rd w6lh1trrf>9g reiyJrd$: or
th• Ilnenclal JlBlements do ¢>ynply wllh tho applkable requiremont8 c4nc8mlng the form and conlenl ol
Iln8ndal 81atem•nt8 Set out In the Charflles (fvttounts and Roports) R¢9ulallon6 2008 0th8r than any
r8qulromant thal tha fin8ndal ¥t•t•ments glv¢ a two •nd falr Ylew, whlch la not a mottef C4)nBldorgd a$ part of
an Ind•p8ndent •xArnln•lth.
I have no concem& and have com 8cro$8 no other fflaltws In connedon wllh tho èx8mlna￿0n to wfrlch attenlk*n
#hould b• drown In thls report In ord•r to ¢n8bla 8 propèr understandlng of the llnonclal sts1em￿13 to b• re8¢hèd.
OLLI
D•bornh Fl•tcher41¢
Xelnadn
Trfnlty Hou
Thur8ton
Northallorton
North York6P4re
DL6 2NA
131s.l.tsLL

THE WATH SAMWAIES TRUST
STATEMENT OF FINANCIALACTivmES
FOR THE YEAR ENDED 31 DECEMBER 2025
Donallorts andlogades
Charilabkn athiues
Olh¢rtradllw 8thbb•8
Inv8slmenls
2.1rKI
3.207
17,155
2.100
3207
17.155
5.423
19.345
5.4rJ
19.345
Total IncqMn•
27,180
27,1
23.187
Z3,187
Expendlture ¢n:
RaL8ing funts
13.747
13.747
18.155
18,155
19.073
19.073
Net g8ln•) on
tmiKfmonts
11
13.X17)
104.IXK)
100.493
Not Incom• MOV¢￿ In
fvndg
5518
104.(rfX)
109518
5.734
5.734
R•￿n¢111a1lon offvnds:
Fund bathn￿$ at 1 ￿uary
2025
239.972
952.743 1.192,715
234238 952.743 1,186.981
Fund ￿14￿¢08 al 31
245.490 1.056.743 1,J)2333
239.972
952.743 1.192.71S

THE WATH SAMWAIES TRUST
BALANCE SHEET
ASAT31 DECEMBER 2025
2025
2024
N•t89
Flxèd a88Ot$
Tangibto ossets
Invè8trnenl propety
13
14
15
502.128
503.857
430.000
73.284
69,757
1.105.885
1.007.121
Curr•nt a8Ws
Debtor¥
Cash 81 bank and in hand
16
148
186,713
197J56
197,415
186.861
Crvdhars: an￿Unts f4lllng du• wllhln
ono yoar
17
11.0671
(1,2671
196.348
185￿94
Total lssgts curr•nt Il•blllil•s
1,302.233
1.1¥2,715
Tho funds ofthg trust
End0vM￿nl funds
Unrestsicled funds
18
1.056.743
245.490
952.743
239.972
1.302.Z33
1,1V2.715
The flnonoal stat8m￿ were opwoved by tho trustse8 ort 11 IAay 2026
Mrs J Clarke
Tru8ts0

THE WATH SAMWAIES TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Accountlrfj poll¢l•s
Charity Informatlon
Th8 Waih Samwaies Tr￿1 Is an U￿n￿rporatoO interest enllty.
1.1 Basls of preparatlon
The financk81 statement¥ have begn prepared kn 8¢(xydance with Ihg charitrf8 Imst de￿. the charl￿t5 Ad
2011 FRS 102 Tr Finan¢wl RepoTUng Standaffl applicable In the UK ond R¢pvbliG of Irelan￿ and th
Charitses SORP "A￿ntir￿j and Roporting by ChaTiiies: Statsment of R6¢ommended Pracbce appIl￿ble to
Chan￿e$ proparing thalr 8ccoun¢s in a(￿rdanc* Ihe Financial Reporttng stsnd8rd appllc8ble In the UK
and Repubtsc of Ird8nd (FRS 1021.. Thè try￿t Is a Public Benefft Entity a$ deffin￿ by FRS 102.
The intst hgs takon alfvantage of the prmiony the SORP for ¢h8rlbes not to pryrn a statemgrt of (*8h
The llngnci81 st818ments depgrted from Iha Charities {Accounls and R•port$} Regut8llons 2008 onty lo
the 8xt8nt requlred to provlde a truo ond f8ir v￿. This departure has involved followng the Statamenl of
Recommended Prncticg for charlbos applytng FRS 102 rathw Ihan the version of the Statèmonl of
Reo)mm9nded Practi￿ whlch Is referred to In tha Regulafjons butvthith has slnce been wilhdralbn.
The fin8n¢Fal statements are ry9pa￿d In ste￿n9. is the fiJrKtlonal of the tri￿ Mon818ry
amounts ui these fmandal Staloments arg rroJFNled to the ngaresl £.
The 8c¢ounts ha￿ been Pr•pa￿￿ under th* histoiical cost convenlion. modifi¢d to indLKle investment
proper￿e$ and fixed 8SSgt Investments at l¥ir valu¢. Thè Fviw•I accoun￿Thj poldes adopted 8r• sel out
below.
12 Golng conc•rn
Al the limè of approving th& flnancKql ststements. the trustees have 8 reasonable expectation that thg trust
has 8dwuale resources to Continue in operational #￿1￿nCe for th• loreseeabte luture. Tlws thè tr￿te¢S
¢ontinue lo adopt the going amcem bo8ls ofa¢¢ounting in preparing the fin8nual stst￿ents.
1.3 Charltsbb fvnds
Unrestrtcted lund$ are avanabte for use at tho discretlon of th? trustees In lurtlw4nce of th8thbl¢
obledves.
Endo￿nèntfund$ are subse¢l to spe¢ifi¢ conditKffjs by donorn that Iho co￿7 be m•inlained by the In*L
1.4 Income
1$ rg¢ognts8d when Ihè trust b6 leg￿ty enliU•J to rt after any ￿rtoM￿nCe cor￿7110n$ have been mol.
thg amourbts can be meosur8d rd8bty. and K 1$ prCknO￿ fvt inrAmè wll b& received.
cash donations are racognSwJ on r￿1P1.
Inveskngnt Inojme. in Ihe fomi of ren181 IrKxJme, Investmgnt int¢r8st and dI￿dends. 58 rwni8ed t•*thon
receivable by the charity.
1.$ Expwditur•
Resourc9$ èxpended 8r¢ induded In Ihe Sl8t¢m8nt of Finandal Activttles on an occruals b8¥55, indugive of
any VATwhich cannot be recovered.
Expeftdmura vthlch is dirgctty attrit￿lab]e io actiwties tAs been Induded In these ¢￿te81egOrf0$.

THE WATH SAMWAIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
IconUThJ•d)
servlces for its ber¢fLiarps.
1ts Tanglble tlx•d assols
Freehdd larKI and
andlor high rnsklu￿ ¥￿¢$.
Th8 gain or bss ariwg ￿ thè dis￿ of8n asset is delwmined Asthe oMteronce betw￿ Ihe ssl• woceeds
and the Wyirtg v81ue of the asseL and ly wllsed in tr* sl8twwt of fman¢Jal ocbvi
1.7 In￿StMent proporty
Invastment prop81ty. wtmth is txcwty hth renlds arthr ffiy appreciation, is Inttialty
It Is meawed at fair al the ryrt¥VJ WKI dale. The Su￿u$ or defKyi on rev¥luatiry) Is rec1wis￿ in
profft or &ryss.
1A Flxod •88ot Investsn•nts
bsoquenty measured al tsir yak￿ at eath rep￿l￿vj date. cw In fair valuè are rtC￿￿J in n8t
jncomellexwdituiel year. Trmction costs we ¥XF•d as imirnj.
1.9 Impalrm•ni ol fth•d •ss•ts
ful
725
Oonolion$ and gifts

THE WATH SAMWAIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Incomè from ¢h*rltablg a¢U¥rtl•B
Unrn8trlct•d Unrnstrfat•d
lunds
funds
2024
IAllag8 hall hire
1.563
2.1
Income from trndlftg aGtl¥ltl•s
Unr•strlct•d Unr•strf¢ted
funds
fund*
2025
2024
Fundralsing mnts
5,423
3,207
Incom• from Invo8lmgnts
lunds
202$
nds
2024
Rèntal in¢Mie
Divldends rec04V
Intore81 f￿￿al￿e
14.400
11000
2.897
3.161
19.345
17.155
Exp•ndlturn on ralslng fvnds
Unr•strlthd Unr•strlctsd
fund•
lund
21)25
2024
Fundraislng and publlclty
Stagir¥g fundratsing ¢véftts
Invesln*nl pro￿rtY Ma￿l$nanCe costs
2.950
1,458
1,061
2.783
4,408

THE WATH SAMWAIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Exp•ndlturn on chArftabh actl¥lll•s
UnrM1￿tsd unre1￿¢t0d
lund•
lund•
2025
1024
D8pred81Son and Imp8lnn•nl
other C￿8ts
1,937
9.230
2.513
11,167
11.609
Grant fun¢Ang of gLthIll￿ (888 nol• 81
2,910
Support eo
720
710
13,747
15,229
An•ty•l• by fvnd
Unr•¥trfctod funds
13.747
15.229
Grant• pty•bl•
2026
2024
8nl8 to Indfv4duals
2,910
TTu•t•••
Non• ol the trugt••8 lor any p•T￿￿8 Cc￿1￿&8d vAth th•ml kncwrod Any expenw or rKdv•d any
r•munerokn durfng ts y•ar.
10 EmplDy•••
Th• 8verng0 monthty number of0m￿0ye19 durfng the year wag:
25
Nurnb•r
2024
Numbor
Tol•l
Therèwere no ¢mploye68 V•ttho annual remuneralon w88 m¢xe Ihan £eO.000.

THE WATH SAMWAIES TRUST
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
Totsl
fund*
nds
2025
funds
fundg
2024
GainBIOos808) ari$ng ￿.
Revalu8b¢)n of
13.507)
(3,S)7)
ReV￿U811￿ of in¥e5trn
properties
lo4.1￿ 104.1)xI
(&￿￿ 104.oc
100.493
12 Taxatl
The tharlty Is exeiw from tax a￿1 faffjrvj g)5 ofthe T8xe$A¢l 1988 or secli
252 oftho Taxalion ofC*th& GatsP£t 1992 lo Ihe extenl thal aPpl￿d lo its ¢fwrttab￿ 0￿Cts.
13 Tanolbk) Ilx•d •ssots
Co8t
At 1 January 2025
496317
25.972
$22289
496.317
,1
522.497
At 1 Janu￿ 2025
18.432
1.937
1B.432
1.937.
At 31 D¢¢•nlw2025
20269
C•rrylng •mount
J6.317
5A11
502.128
496.317
7,540 503,857
14 1nTK•lM￿ propwty
2025
Felr value
At 1 January 2025
Net gatro or losses thr￿
430,000
104.000

THE WATH SAMWAIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
14 Inv•sthi¢nl pvoperty
IConllnu•d)
Investment property 58 comprised ol Samwdies Hou80. Th& tslr value is rmjt basod on a voluauon by an
ndependent valuer. but Ihe trusl¢es believe Ihat investment prop8ty value is apwopriate by reference to
markot 8vtdence ol transg¢¢1￿ prths tor similar proporties.
15 Flx•d ass•t Inv•8tmffits
inv••tm•nt
fund
Cos¢ or valuallon
At 1 January W25
Valuouon changes
73,264
{3.$07)
At 31 0￿0Mb•r 2tr25
69,757
Carrylng amount
At 31 December 2025
69.757
At 31 DeC￿nber 2024
73.264
Inv8Stmonts are carried at 18lr y￿u￿. Investmenls in equiti￿, irtduding manyd fvnds are treLW on qw¢ed
public rnathets forwhld) mgrket are readNy8V8ll8blo.
16 Oebtor
2025
2024
Amounts falllng wlthln on• year.
Otherdebloits
148
17 Crndltors: •mounts faHlng du? wllhln orn
2025
2024
$87
Accruals and deferred In¢
700
1,067
1267

THE WATH SAMWAIES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
18 Endowment lunds
Eftd￿i￿t funds represènt assets whlch musl be held pom)anenlty by tho tN8t. Inl￿m9 Arising on Ihe
ndowm)ent lunds &in be used in o¢¢ordance wilh Ihe otye¢ts ol the Irusl and 4$ induded as unrestsicted
Incw. Any Capbtsl ga(ns or1088e8 ￿Sing on ihe assets f(*m part of the fund.
At l J•nuary
2025
Galn$ and
At31
losses D•c•mber
2025
Permanent •ndowm•nts
Samw8ies House & Old Boys School F￿d
952.743
104.000
1.056,743
Provlous ￿r.
At 1 January
2024
GalnB Ind
At31
1088•$ DK•mber
2024
Pgrnmnent endovmbènts
Samwaies How & OIJ Boys School Fund
952.743
952,743
19 Anal￿1• of not 4•8•ts b•tw••n fund
Uftr•strlct•d End0￿￿ont
funds
lunds
2025
2025 .
Total
2025
At 31 December 2025:
Tan9lbl¥ assgts
Investment FXOP¢rti
Invastments
Currenl as*tslllkqbtlltl•sl
5.811
496.317
502.128
534.000
69.757
196,348
69.757
169,922
26.426
245.4
1.056.743
1,302233
Uftr•strlcted Endowmgrrt
fvn(ts
funds
2024
2024
T•)lal
1024
At 31 Dec•mbor2024:
T¥n91b￿ assèts
Investhient properties
Inv¥sbThents
Current assetsllliabilitiesl
7.540
496,317
430,000
503.857
430,000
73.264
159,168
26,426
185.594
239.972
952.743
1.192.715

THE WATH SAMWAIES TRUST
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
aTrJ re¢•l¥fjd an annual grart made k) 8eniy r8sKknts oftr* ocd89￿ porfshl.