SAINT JOHN SOUTHWORTH FOUNDATION
Registered Charity No. 1121531
Company Registration No: 6388943
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

SAINT JOHN SOUTHWORTH FOUNDATION
CONTENTS
Page
Trustaes and Advisers
Report of the Trustees
ststement of Trustees, Responsibilities
Report of the Independent Auditors
Statement of Financial Activities
10
Balance Sheet
Statement of Cashflows
12
Accounting Policies
13
Notes to the Financial Ststements
14-17

SAINT JOHN SOUTHWORTH FOUNDATION
TRUSTEES AND ADVISERS
Board of Trustees of the Company
Nicholas Kehoe
Steven Keogh
Andrew Ndoca
Francis McGettigan OBE (resigned 17 June 2024)
Scott Price
Paul Stubbings
Karen Wyatt
Hannah Thackwray (resigned 14 June 2024)
Daniel Murphy
Ryan Yap (appointed 1 September 2024)
Carly Beake
Foundation Director
Nicholas Kehoe
Company Secretary
Nicholas Kehoe
Registered Office
The Cardinal Vaughan Memorial School
89 Addison Road
London W14 8BZ
Audbtors
PKF Littlejohn LLP
Statutory Auditors
15 Wesfferry Circus
Canary Wharf
London E14 4HD
Bankers
Lloyds TSB
Hammersmith Branch
21- 25 King Street
Hammersmith
London W6 9HW
Solicitors
Bates Wells & Braithwaite
10 Queen Street
London EC4R 1BE
Company Registration Number
6388943
Charity Registration Numbor
1121531

SAINT JOHN SOUTHWORTH FOUNDATION
REPORT OF THE TRUSTEES
Year ended 31 August 2024
Introduction
The Trustees, who are also Directors of the charitable company, present their report and financial
statements for the year ended 31 August 2024. In presenting this report, the Trustees have complied with
the Charities Act 2011, the Companies Act 2006. the Memorandum and Articles of Associalion, and
Accounting and Reporting by Charities.. Statement of Recofflmended Practice.
Legal and Administrative Information
The Charity is registered for charitable purposes with the Charity Commission, registration number 1121531
and is a registered company limited by guarantee.
The governing instrument is the Company's
Memorandum and Articles of Association dated 28 September 2007 and amended on 17 May 2012.
Members of the Board of Trustees in the year to 31 August 2024 and at the date of signing these accounts
are detailed on page 2.
There shall be at least three Trustees and such other persons appointed by the Board of Trustees with no
maximum number. At each Annual General Meeting of the Company one third (or the nearest number to
one third} retire by rotation and are eligible for re-election at that meeting.
Charitable Objects and Public Benefit
The Trustees confirm that they have paid due regard to the Charity Commission's general guidance on
charities and public benefit. The Charity's objects are:
to advance the extra-curricular provision for pupils of the Saint John Southworth Catholic Academy
Trust (formerly the Cardinal Vaughan Memorial School) by providing and assisting in the provision
of facilities (not required to be provided by the Local Education Authority) for education at the
Schools.,
the promotion of community participation in sport, music and the arts within the Greater London
to help young people develop their skills and talents enabling them to participate in society as mature
and responsible individuals., and
to advance the education of the public. in particular, the pupils of the Saint John Southworth Catholic
Academy Trust.
Share Capital and the Llability of the Members
The Company is limited by guarantee and has no share capital. The liability of the members is limited by
guarantee. In the event of the Company being wound up during the year of membership or within the year
following, members are required to contribute an amount not exceeding £1 towards the cost of dissolution
and the liabilities incurred by the Charity. The Trustees are the only members.

SAINT JOHN SOUTHWORTH FOUNDATION
REPORT OF THE TRUSTEES
Year ended 31 August 2024
Organisation
The overall responsibility for the Charity is vested in the Board of Trustees. The day to day management of
the Charity is delegated to the Foundation Director.
Financial Report for the Year
New Associations were created during the year supporting the growing number of schools within the Saint
John Southworth Catholic Academy Trust.
Activities from all Associations continued in the course of the year raising funds for the Foundation's
charitable purposes.
Planned expenditure on charitable activities continue to be reviewed in the light of the changing needs of
the schools, pupils.
The surplus of income over expenditure was £372,859 (2023 - £381.127).
Future plans
The Trustees recognise that govemment funding of schools continue to fall in real terms causing increased
financial pressure to maintain a broad and balanced curriculum and extra-curricular provision.
Pupil numbers within the Trust have almost doubled. In the light of this the Trustees feel that reserves must
be set aside to provide a reasonable level of assurance to schools that plans for capitsl and other existing
commitrnents will be supported by the Foundation.
The Trustees also anticipate expanding the Pupil Support Fund to accommodate bursaries supporting
families of pupils in difficult circumstsnces.
The Trustees will also continue to support the provision of extra-curricular activities not able to be funded
from other sources.
The Trustees are aware of a very significant request for funding for a major project in 2026 which it is
currently retaining funds for.
Reserves Policy
The Foundation had unrestricted reserves of £1.347,933 at 31 August 2024 {2023- £975,074).
The Trustees aim to maintain a level of reserves that is appropriate. The rese￿eS poSicy will be reviewed
annually, to ensure adequate funds are retained to allow the Charity to operate effectively and to meet its
charitable objectives.
Risk Management
The Trustees have considered the strategic and operational risks faced by the Charity and are of the view
that arrangements are in pla￿ to mitigate the most significant risks.
Statement on Equality and Cultural Diversity
The Foundation is a registered charity- It is govemed by Trustees who receive no payment and give their
time voluntsrily.
On the occasions when the Foundation employs consultants or instructors, recruitment is open and
appointments are made on the basis of ability and experience, regardless of race, gender or age.

SAINT JOHN SOUTHWORTH FOUNDATION
REPORT OF THE TRUSTEES
Year ended 31 August 2024
Audit Information
The Trustees who hold office at the date of approval of this Trustees, Report confirm that, so far as they are
individually aware, there is no relevant audit information of which the Charity's auditors are unaware., and
each Trustee has taken all steps that they ought reasonably to have taken as a Trustee to make themselves
aware of any relevant audit infomation and to establish that the Charity's auditors are aware of that
information.
Auditors
Our independent auditors PKF Littlejohn LLP have signified theirwillingness to continue in office as auditors.
By Order of the Board of Trustees
Nicholas Kehoe
Company Secretary
6 May 2025

SAINT JOHN SOUTHWORTH FOUNDATION
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees are responsible for preparing the Trustees, report and the Financial Statements in accordance
with applicable law and regulations.
Company and charity law requires the Trustees to prepare financial statements for each financial year.
Under those laws the Trustees have elected to prepare the financial statements in accordance with United
Kingdom Generally Accepted Accounting Practice {UK GAAP). Under company and charity law the Trustees
must not approve the financial statements unless they are satisfied that they give a true and fair view of the
state of affairs of the charitable company and ofthe surplus or deficit of the charitable company forthat year.
In preparing those financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently.
make judgements and estimates that are reasonable and prudent"
prepare the financial statements on the going concem basis unless it is inappropriate to presume that
the Charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and
explain the Company's transactions and disclose with reasonable accuracy at any time the financial position
ofthe Charity and enable them to ensure that the financial slatements comply with Ihe Companies Act 2006.
The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking
reasonable steps for the prevention and detection of fraud or other irregularities.

SAINT JOHN SOUTHWORTH FOUNDATION
REPORT OF THE INDEPENDENT AUDITORS
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF SAINT JOHN SOUTHWORTH
FOUNDATION
Opinion
We have audited the financial statements of Saint John Southworth Foundation (the 'charitable company.)
for the year ended 31 August 2024 which comprise the Statement of Financial Activities, the Balance Sheet,
Statement of Cashflows and notes to the financial statements, including a summary of significant accounting
policies. The financial reporting framework that has been applied in their preparation is applicable law and
United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting
Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting
Practice).
In our opinion, the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 August 2024 and of
its incoming resources and application of resources. including its income and expenditure. for the
year then ended;
have been properly prepared in accordan￿ with United Kingdom Generally Accepted Accounting
Practice,. and
have been prepared in accordan￿ with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditorfs
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have perfomed, we have not identified any material uncertainties relating to events
or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability
to continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in
the relevant sections of this report.
Other infomiation
The other information comprises the information included in the Trustees, annual report, other than the
financial statements and our auditorfs report thereon. The Trustees are responsible for the other infomiation
contained within the Trustees, annual reFX)rt. Our opinion on the financial statements does not cover the
other information and we do not express any form of assurance conclusion thereon. Our responsibility is to
read the other information and, in doing so. consider whether the other information is materially inconsistent
with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to
be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we
are required to determine whether this gives rise to a material rnisstatement in the financial statements
themselves. If. based on the work we have performed. we conclude that there is a material misstatement of
this other information, we are required to report that fact.
We have nothing to report in this regard.

SAINT JOHN SOUTHWORTH FOUNDATION
REPORT OF THE INDEPENDENT AUDITORS
Opinions on other matters prescribed by the Companies Act 2006
In our opinion. based on the work undertaken in the course of the audit..
the infomiation given in the Twstees, report. which includes the Directors, report prepared for the
purposes of company law, for the financial year for which the financial statements are prepared is
consistent with the financial statements. and
the Directors, report included within Ihe Trustees, report has been prepared in accordance with
applicable legal requirements.
Malters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and their environment obtained
in the course of the audit, we have not identified material misstatements in the Directors, report included
within the Trustees, annual report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
and the Charities Act 2011 requires us to report to you if, in our opinion:
adequate and sufficient accounting records have not been kept bythe Gharitable company, or retums
adequate for our audit have not been received from branches not visited by us., or
the charitable company's financial statements are not in agreement with the accounting records and
returns- or
certain disclosures of Trustees, remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.
Responsibillties of Trustees
As explained more fully in the Truslees, statement of responsibililies, the Trustees (who are also the
Directors of the charitable company for the purposes of company law) are responsible for the preparation of
the charitable company financial statements and for being satisfied Ihat they give a true and fair view, and
for such internal control as the Trustees determine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
In preparing the charitable company financial statements, the Trustees are responsible for assessing the
charitable company's ability to continue as a going concem, disclosing. as applicable, matters related to
going concern and using the going concem basis of accounting unless the Trustees either intend to liquidate
the charitable company or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed auditor under the Companies Act 2006 and section 151 of the Charities Act 2011
and report in accordance with those Acts and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assuran￿ about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or eThor, and to issue an auditorfs report Ihat includes
our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit
conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misststements can arise from fraud or error and are considered material if, individually or in the aggregate.
they could reasonably be expected to influence the economic decisions of users taken on the basis of these
financial statements.

SAINT JOHN SOUTHWORTH FOUNDATION
REPORT OF THE INDEPENDENT AUDITORS
Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design
prO￿dureS in line with our responsibilities, outlined above. to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities.
including fraud is detailed below..
We obtained an understanding of the charitable company and the sector in which they operate to
identify laws and regulations that could reasonably be expected to have a direct effect on the
financial statements. We obtained our understanding in this regard through discussions with
management. industry research, application of cumulative audit knowledge and experience of the
sector.
We determined the principal laws and regulations relevant to the charitable company in this regard
to be those arising from Companies Act 2006, Charities Act 2011. Charities (Accounts and Reports)
Regulations 2008 and tsx legislation.
We designed our audit procedures to ensure the audit team considered whether there were any
indications of non-compliance by the charitable company with those laws and regulations. These
procedures included. but were not limited to, enquiries of management and reviewing of governing
documentation.
We also identified the risks of material misstatement of the financial statements due to fraud. We
considered, in addition to the non-rebuttable presumption of a risk of fraud arising from management
override of controls, that the completeness of liabilities was also an area of risk.
As in all of our audits, we addressed the risk of fraud arising from management override of controls
by performing audit procedures which included, but were not limited to,. reviewing accounting
estimates for evidence of bias. and evaluating the business rationale of any significant transactions
that are unusual or outside the normal course of business.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This
risk increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-
compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud
involves intentional concealment, forgery. collusion. omission or misrepresentation.
A furtherdescription of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at: www.frc.or
.uklauditorsres
auditor's report.
nsibilities. This description forms part of our
Use of our report
This report is made solely to the charitable company s members, as a body, in accordance with Chapter 3
of Part 16 of the Companies Act 2006 and to the charitable company's Trustees, as a body. in accordan
with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken
so that we might state to the charitable company's members and Trustees those matters we are required to
state to them in 8n auditorfs report and for no other purpose. To the fullest extent permitted by law. we do
not accept or assume responsibility to anyone. other than the charitable company and the charitable
company as a body and the charitable company's Trustees as a body, for our audit work. for this report, or
for the opinions we have formed.
Alastair Duke (Sentor Statutory Auditor)
For and on behalf of PKF Littlejohn LLP
Statutory Auditor
19 May 2025
15 Wesfferry Circus
Canary Wharf
London E14 4HD

SAINT JOHN SOUTHWORTH FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
Incorporatlng an income and expenditure account
Notes
Year ended 31 August 2024
General
Purpose
Fund
Total
Funds
2024
Total
funds
2023
Income from:
Donations
331.636
331,636
293.449
Activities for generating funds
Investment income
61,923
7,068
61,923
7,068
70,714
6.916
Total Income
400,627
400,627
371,079
Expendlture on:
Charitable activities
Cosls of generating voluntary income
23.994
24,635
23,994
24,635
(40,526)
24,378
Total Resources Expended
48,629
48,629
(16,149)
Unrealised gainl{loss) on investments
20,861
20,861
(6,101)
Net Movement in Funds
372.859
372,859
381,127
Fund Balances brought forward
975,074
975,074
593,947
Fund Balancas carriad forward
1,347.933 1,347,933
975,074
The Charity has no recognised gains or losses other than as stated above.
All of the activities represent continuing activities of the Charity.
The Accounting Policies and Notes on pages 13 to 17 form part of these financial statements.
10

SAINT JOHN SOUTHWORTH FOUNDATION
Company R&gistration No.. 6388943
BALANCE SHEET As at 31 August 2024
Note
2024
2023
Invéstments
247.934
227,073
Current Assets
Debtors
Cash at bank and in hand
26,534
1,100,621
22,395
731,877
1.127,155
754.272
Creditors: amounts falling due within one year
{27.156)
(6.271)
Net Current Assets
1,099,999
748,001
Net Assets
1,347,933
975,074
Funds
General Purposes Fund
1,347,933
975,074
The financial statements were approved and authorised for issue on 6 May 2025 and signed on its behalf
by:
Nicholas Kehoe
Trust66
Sleven Keogh
Trustee
The Accounting Policies and Notes on pages 13 to 17 form part of these Financial Statements.

SAINT JOHN SOUTHWORTH FOUNDATION
STATEMENT OF CASHFLOWS
Year ended 31 August 2024
Note
2024
2023
Cashflow from operating activlties
368.744
353,349
Net cashflow from investment activities
Increasel(decrease) in cash in the period
368.744
353,349
Cash balances at stsrt of year
731 ,877
378,528
Cash balances at year end
1,100.621
731,877
a. Reconciliation of net expenditure to net cashflow from operating activities
Net movement in funds
Unrealised investment (gains) I losses
{Increase) l Decrease in debtors
Increase / (Decrease) in creditors due within one year
372,859
(20,861)
{4,139)
20,885
381,127
6,101
19,792
(53,671)
Net cashflow from operating activities
368,744
353,349
The Accounting Policies and Notes on pages 13 to 17 form part of these Financial Stalements.
12

SAINT JOHN SOUTHWORTH FOUNDATION
ACCOUNTING POLICIES
Basis of Preparatlon
Saint John Southworth Foundation is a Charity (registered number 1121531) and a Company limited by
guarantee with no share capital (registered number 6388943) in the United Kingdom. In the event of the
charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity.
The address of the registered Offi￿ is given in the charity information on page 2 of these financial
statements.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been
prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities P￿paring their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP (FRS 102)) the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The significant accounting policies applied in the preparalion of these financial statements are set out below.
These policies have been consistently applied to all years presented
Going Concern
It is the opinion of the Trustees that the use of the going cOn￿M basis of accounting is appropriate because
there are no material uncertainties relating to events or conditions that may cast significant doubt about the
ability of the Charity to continue as a going concem; and there is a reasonable expectation that the Charity
has adequate resources to continue in operational existence for the foreseeable future.
Income
With the exception of voluntary income arising from donations and gifts, the existence of which is not known
until it is received by the Charity, all income is credited to the Statement of Financial Activities (SOFA) on
an accruals basis. Income is generally recognised on a receivable basis where the charity has entitlement
to the income, the amount can be measured and receipt is considered probable. Income is reported gross
of related expenditure.
Expenditure
All expenditure is accounted for on an accruals basis and is reported gross of related income. Support costs
are allocated to expenditure on a basis consistent with the use of resources.
Expenditure on charitable activities comprises direct expenditure
Costs of generating voluntary income comprise direct fundraising costs.
Investments
Publicly traded investments, or those where fair value can othewise be measured reliably. are measured
at fair value at each balance sheet date, with changes in fair value recognised in the SOFA.
Fund Accounting
The General Purposes Fund comprises those monies which may be used towards meeting the charitable
objectives of the Charity at the discretion of the Trustees. Restricted Funds are monies raised for, and their
use restricted to, a specific purpose, or donations subject to conditions imposed by donors.
Taxation
The Charity is a registered charity and is not liable to Income Tax or Corporation Tax on income derived
from its charitable activities. Income arising from non-charitable activities may be subject to taxation. The
Charity is not registered for VAT. All amounts in the financial activities are shown inclusive of VAT, where
relevant.
13

SAINT JOHN SOUTHWORTH FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 August 2024
1. Activities for Generating Funds
Total
2024
Total
2023
Fund Raising Events:
Foundation Dinners and Auctions
Vaughan Parents Association Events
Music Association Events
Sports Association
Old Vaughnians Association
st Josephs (Chelsea) Association
st Josephs (Maida Vale) Association
st John 23rd Association
St Augustine Association
11,887
15,817
24,753
1,723
936
19,048
21,129
28,183
1,889
465
6,577
230
61,923
70,714
All activities in both years related lo unrestricted funds.
2. Resources Expended
Direct
Costs
Support
Costs
Total
2024
Total
2023
Charitable activities
Cost of generating voluntary income
22,490
21,262
1,504
3,373
23.994
24,635
(40,527)
24,378
43,752
4,877
48,629
(16.149)
All activities in both years related to unrestricted funds.
4. Net Incoming Resources
2024
2023
This is stated after charging:
Auditors, remuneration
3,600
3,600
14

SAINT JOHN SOUTHWORTH FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 Augusl 2024
5. Trustees and Employees
No remuneration was paid or payable directly or indirectly out of the funds of the Charity to any Trustee
or to any person or persons known to be connected with any Trustee during the year. No expenses
were reimbursed lo any Trustee. Indemnity for the Trustees is covered by the same policy as that for
the Saint John Southworth Catholic Academy Trust (fomierly the Cardinal Vaughan Memorial School)
and the insurance charge in the accounts reflects this.
6, Investments
2024
2023
Balan￿ brought fO￿ard
Unrealised (losses) gains
227,073
20,861
233,174
(6,101)
247,934
227,073
7. Debtors
Income Tax recoverable
Prepayment
Other
22,412
17,400
1,151
3,844
4,122
26,534
22,395
8. Creditors.. amounts falling due within one year
Creditors
Accruals and deferred income
15,548
11,608
6,271
27.156
6,271
15

SAINT JOHN SOUTHWORTH FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 August 2024
9. Reserves
Balance at
beginning of
year
Unrealised Balance at
Incoming Outgoing investment
end of
resources
résources
gain
year
Designated funds
General Fund
Love & Service Fund
Sports Association
Vaughan Parents Association
Old Vaughanians, Association
Music Association
St Joseph's (Chelsea) Association
St Joseph's {Maida Vale) Association
St John 23rd Association
St Augustine's Association
58,222
467.375
43,216
197,021
13.658
112,332
83,250
18,948
272,568
1,741
15,817
996
38.976
36,322
4.955
10.074
230
(16.264)
(8.819)
(1,349)
(9.073)
(140)
{10,912)
(1,474)
{368)
20,861
81,767
731,124
43,608
203,765
14,514
140,396
118,098
4,587
10,074
{230)
975,074
400,627
{48,629)
20,861
1,347,933
Prior year reserves
Balance at
beginning of
year
Unreallsed Balance at
Incoming Outgoing investment
end of
resources
resources
gains
year
Designated funds
General Fund
Love & Service Fund
Sports Association
Vaughan Parents Association
Old Vaughanians. Association
Music Association
St Joseph's {Chelsea) Association
42,810
261,528
42,278
143,693
13,564
83,494
6,575
28,513
208,878
2.369
23,486
465
29.683
77,785
(7.000)
{3,031)
{1.431)
29,842
(371)
(850)
(1,010)
(6.101)
58,222
467,375
43,216
197,021
13,658
112,332
83.250
593.947
371.079
16,149
(6,101)
975,074
16

SAINT JOHN SOUTHWORTH FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 August 2024
10. Net Assets by Fund
Investments
Debtors
Cash
Credltors
Total
General Puryjoses fund
247.934
26.534 1,100.621
{27.156) 1,347.933
257.934
26,534
1,100,621
(27.156) 1,347,933
Prior Year Net Assets by Fund
Debtors
Cash Creditors
Total
General Purposes fund
247,934
26,534
1,100,519
(27,156) 1.347,831
257,934
26,534
1,100,520
(27,156) 1.347,831
11. Contlngent Liabilities
There were no contingent liabilities at 31 August 2024 (2023- None).
12. Capital Commitments
There were no capital commitments at 31 August 2024 (2023 - None).
13. Related Party Transactions
The Foundation is associated with Saint John Southworth Catholic Academy Trust and advances the
extra-curricular education of pupils in the Trust. During the year the Foundation contributed £3.185 (2023
£78,043) to the School's activities. Five of the Trustees of the Foundation are also employees or
direclors of the Trust. At 31 August 2024. there were no amounts due to, or due from the Twst {2023-
£nil)-
17