REGI$TERÈts CHARITY NUAIBER.. 1117637 of the Tmsts Finan nl forthe Ytrar E Philip & Co Chartered Accountant6 28 Bagda Noth Yorkshir8 Y021 1QL
m Varte Roe Deceased ontents ofthe Finan 8arE 1 Oecember 2 Rewrtol thp Trustees Independent Ex8minef8 Rewrt Statementof Financd ActivitEs Balan Sheet Notes to the Firban Statements S to g Detsiled statementorFinaaI Ath8$ 10
m Varl R Decea8ed Re rt of the Trustees Th8 Iru5tees present the4r report with the finanrial stslernents of the Gharity for the ytrar ended 31 December 2025. The trustees have adopted the proviyions of ActouTht and Repotbng by Charities". Statement of Reo)mmend8d PractKe applicatAe to Chare$ preparing th8ir aco)unts in accordance with the Financial Reporhng Standard appIthb in Ihe UK and Republ of IreL2nd IFRS 1021 (effective 1 January 20191. OWECTIVES AND ACTIVITIES Objectiv08 and alm8 The obltive of the trust is to make grants to the WThNby Ltsory and Ph1b80ph8l Socw in attordance wth Ihe 11 of Thornas Willkim Varley Roe ACHIEVEMENTS AND PERFORPAANCE Charitable actlvhl During the year the trust made fiv? grants for prciects w8r8 approvgJ by the tru5tee5. FINANCIAL REVIEW Re5erve5 polky During the year the trustfund increased from £880,075 10 £893,243. STRUCTURE, GOVERNANCE AND MANAGEMENT Govemlng documont Tha chaity Is controlled by ils goveming documen< a deed oflrust and consltutes an nir£¥8d tharity. REFERENCE ANO ADkllNISTRATIVE DEfAILS Regfjsterod ¢harlty numbor 1117637 Prtnclpal addr• Clo Asp L(xlge Stainsacre whrtby Noth Yorkshire Y022 4LR Tru8to S B Morri$ey Mrs M Watson C J Watson Ind•p•ndent Examlnor Philip Burley & Co Chartered AnIants 28 Bagda Whitby Noth Yorksh Y021 1QL Aprffted by orderof Ihè board of tru$tee5 Qn............................................ and 5vJned on tis behawby." Tru8t8e Page 1
Ind8 ndent Examin Thomas Will m Varfe Trus Roe Deceased Indepand?nt examingrf• rpport to the trlee¥ of Thomas Imlllamvarfoy Roe D•¢ea8ed I repDrt to the ¢ttarity trustees on my examination of the accounts of Thomas WIllKgm Varlgy R Deceased (the Trust) for the year ended 31 December 2025. R¢•pOnbIlItIeI •nd olroport As the charty Iru8tses of th& T$tyDu are re$w)nsibf9r the weporatim of the acty)unts In &COTdanVth tha requirements of Ihe Charities Act 2011 Ilhe ACVI. I report in respect of my examin8tKin of the Tru8f8 arxounts carri•J OLrt under Secaw 145 of the Act and In carrying out my examinatn I have fOlkd 811 applkable DlrectSons gen by the Charity Ccrnmi88Kin under Section 14515llbl of Ih8Act. Indopondont examlnof8 8tat•m•nt I have completed my Èxamination. I confiTrn that nD materK41 malteT5 have COMÈ to my attention In cont)èckn)n the exarninaln giving me cause to bdieve that in any material respect accounting racord8 were not kept In r8spect of Ihe Trust as requlred by Saction 130 of th8Act', or the acc¢unt$ do not accord wtth those records." or the *nIS do not rA)mpty with the applrabie quIreMentS conceming the form and ¢xJntent of }unts set oul in the chal1t$ (Accounts and Reports) Regulatron5 2008 other than gny wuirement that the ounts give a twe and fair vw whh Is not a matterwnsidered as part ofan independent examinatiw. I have no concerns and have come across no olher matters in tonneciion the examination to which attentron shouby be in this report in order to enable a proper understanding of Ihe ac¢x)unts to be reached. phI1p Burfey & Co Philip Burfey & Ce Charte Accountants 28 Bagda Whilby North Yorkshire Y021 1QL Date.. Page 2
Thomas William Va taietnenl of Financial Activ forthe Year Ended 31 nebe[ 2025 31.12.25 Unrestrkted rund 31.12.24 Totsl fvnds Notes INCOME AND ENDOWMENTS FROM In¥e&tsnent inrA)me 41,696 34,761 EXPENDITVRE ON Charltable activiti Grants to Whitt>y Literary 8nd Phibsophic Soclety 27,935 16,992 Other 593 $56 Total 28.528 17.548 NET INCOME 13,168 17.213 RECOMCILIATION OF FUNDS Total funds brought foard 880.075 862.862 TOTAL FUNDS CARRIED FORWARD 893.243 8BO.075 Tra notss forni partefthes?fknanoal statements
Thomas William Va Balance Sheet 108cember 2025 31.12.25 Unrestricted fund 31.12.24 Total fund$ CURRENT ASSETS Cash al bank 893.820 880,652 CREDITORS Am(nIS falling due within OM year 15771 15771 NET CURRENT ASSETS 893.243 880,075 TOTAL ASSETS LESS CURRENT UABILITIES 893,243 880,075 NET ASSErs 893,243 880,075 FUNDS Unrestncted ndS B93,243 880.075 TOTAL FUNOS 893,243 880.075 The fin)ck41 statements *re approved by the Bo8rd of Trustee5 aulhorf8ed fc( i88ua on .. and were 5vJrEd on its bEhaK ty. Trustee The notes frxm part of these financlal 8tatsments Page 4
mas William V8rf8 Roe Dec8888d otes lo the Financk91 Statements 31 December 2025 ACCOUNTING POLICIES of prgP•rtno th?fin4ncl•l •lat¥m?n¢• The financial slalements ot the charty, which is a publr benefil enlity under FRS 102, have been prepared accordance with the Charities SORP IFRS 1021 'Ac¢ounting and Rewhng by Chanli8S'. Stslemenl of Recommended Practice applicable to charilie5 preparw their acu)unts in accordanc? with e FinawJ Reportsng Standard applicab in the UK and RepU1C of Irelalld IFRS 1021 lefrective 1 January 20191., Financial Reporting Stsndard 102 The FillanCl RepDtting Standard applicable in the UK and Republic of Ireland, and the Charitie5 Act 2011. The fina31 staletnents have been prapared under the historical cost VentiC. Incom• l income is recoynised in the Strdlement of Financ&81 Acbvthes once the charity ha$ entiuwnenl to tt funds. it is Probab that th& incomè 11 bè received and the amount can t measured reliably. Exper118 Liabilities are rewnised as eyr6ndilure as Soon as there is a or Ix)nstructive Obl10 cJ)mmittirg the charity to that expenditure. rt is probaUe that a transfer of ewnomic nefItS W11 be required In setsmenl and the amount olthe oUigation can be measured reliably Exp2ndilure is Unted for on an accruals b95is and has teen classthed under heading5 that aggregate all cost reL8kns lo the category. Where costs cannot t6 direct attributod to p8rtscuL4r headingsthpy hav& be8n Icated lo actiwties on b8SlS COnSStenl with the use of resources. (knts offered subject lo conditK)ns thith have noi been mtrt at the ye¥ end date are noby as 8 commitment but notacKrued as expenditure. Taxatlon The ehanty * exempt from tax cffj its charrtat thlE5 FU •c¢oumtlmg Unrestricted fijnds be u&ed in accordance th the charita& ebi8ctW85 al ts dwrebon of tsuste&8. Re8trid fvnds can only b& used for partKuK8r ro8trithd purp0808 within the objects of the charty. Restrktions 8nse when 8wfied by the dorer when fund8 ar8 raised for partubr restrth put[tI Furthw explanallon of the nature and wrp)$8 of each fvnd k5 ived in the notes to Ihe fftnan& statements. IPIrfESTMENT INCOME 31.12.25 31.12.24 Deposltaccounl interest Bank iner88t 30.258 4.503 2.836 41.696 34.761 Page 5 continued...
TMa$ Willk2m Va otes to the Financial Statements- con the Year End8d 31 DÈcember 2025 TRUSTEES. REklUNEPATION AND BENEFITS There were nc> tyustee$' remuneration or other benelts For fv year ended 31 Dmber 2025 nor fDr the year ended 31 rnber 2024. Trustges. oxponM8 There re no INst688' expwe5 pak1 for tha year eTrJed 31 D8c8mber 2025 nor for the year end 31 t)ecember2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTfmlES Vnrestricte(t fund IPICOME AND ENDOWMeNT$ FROM InvestrEnl Inco 34,761 EXPENDITURE ON Chaiit•bl• *¢tlvltlèts Grants to Whilby Literary and Phth)soph¥al 16.992 ar 556 Totsi 17.548 NET INcoMe 17.213 RECONcILTION OF FUNDS Totsl fund5 broUghtf0rd TOTAL FUNDS CARRIED FORWARD 860.075 Paye6 Conbnd...
Thomas William Varf8 RoeD Notes to the Financial Sta for the Year End mber2025 CREDITORS.. AMOUNTS FALLING DUEWITHIN ONE YEAR 31.12.25 31.12.24 Other credrtors 577 577 MoVeME1 IN FUNDS Net m¢wement in funds At 31 12.25 A11.1.25 Unresthcted funds General fund- Thomas Williarn Vwley Rc* Wll Trust 880,075 13.168 893,243 TOTAL FUNDS 880,075 13.168 893,243 Nei movement in fvnds. ilded in the above a as folhM'. IncomSng F88ources R880urces Movement exwded fvnd8 Unrgstrtctod fund8 General fund- Thoma8 WIllLgm V8rfey RWIll Trn8t 41,696 128,5281 13.1e8 TOTAL FUNDS 41,696 128,5261 13.168 ¢ompAratlv•8 lor mo¥•mont In lundl Nel Mment in fijnds At 1.1.24 31.12.24 Unvwstriet•d fund# General fvnd- Thomas William Varf Roe Will Trust 862,862 17,213 880,075 TOTAL FUNDS 862.862 17,213 880.075 Pagè 7 )ntinued..
Tho Notes to the Financ1 S forthe Yeai Ende MOVEMENT IN FUNDS- contlnued Comparalwe nel rnov•menl in funds, InCIled in th8 abovo are 88 fdlows.. Incoming Resources l&wernenl re5wrces expeniled in fvnd$ Unro8trfctfrd fund8 General fund- Thomaswiwam Var Roe Will Trust 34,761 117,Y61 17.213 TOTAL FUNDS 34,761 117,5481 17,213 A current year 12 mnths aTrJ prior year 12 mnths comb1rd p0SOn is a¥ follthvs.. Net movement in funds At1.1.24 31 12.25 Unrn8trf¢t•d fub Gra[ fund- Thom8sWIllLam Varfey Roe Will Trust 862,862 30.381 893.243 TOTAL FUNDS 862,862 30,381 893,243 A cutrenl year 12 months and PriLY yw 12 month8 combined Ml movement In fvnds. inclLhYed In the aix)ve are a5follow5' InrnIng re50urce5 expeNJed in funds Unrtstrlcted funds Gelleral fund. Thoma5William V8r Rcé Will Tru* 76.457 146.0761 30,381 TOTAL FUNDS 76.457 146.0781 30,381 Pty88 o)nlinu8d...
Thoma8 Willlam Varfe R Notes lo the Financial for the Year Ended 31 025 RELATED PARTY OISCLOSURES There were no reL¥ted party Iran5action5 for the yearended 31 December 2025 Paga 9
ThDmasWillK4m Va tem fDr the Year Ended 31 Dernber 2025 31.12 25 31.12 24 INCOME ANO ENDOWhlENT8 Inv•8lmont It)¢om& DeKM)5il a¢uunl interest Bank interest 38,860 2,636 30,258 4,503 41,6 34.781 Total Incomlng r•wur 41.6 34.761 EXPENDrruRE Chath8b104¢tl¥lth8 Gran15 to in51itulK)ns 27.935 18.092 Support ¢ost8 Govoman¢o c¢)*ls Bank charges AccountanGy 83 510 474 Totsl resources expend 2B,528 17.546 N•t In¢¢)m 13.168 17.213 This page doe5 notform part ofthe 5tstLM finan31 statements Page 10