THE WHITWAM FAMILY CHARITABLE
FOUNDATION
FINANCIAL STATEMENTS
FOR THE YEAR
FROM 6 APRIL 2024 TO 5 APRIL 2025
Prepared by
Vvllkin Chapman Rollits

THE WHITWAM FAMILY CHARITABLE FOUNDATION
CONTENTS
Page
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
9-16

THE WHITWAM FAMILY CHARITABLE FOUNDATION
CHARITY NUMBER: 1154094
TRUSTEES. ANNUAL REPORT
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
Introduction
The trustees present their report and the accounts of the charity for the year ended 5 April 2025. The trustees
have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporti
by Charities" in preparing the annual report and financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in notes to
the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts
in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in
October 2019.
Objectives and activities
Objects
The object of the charity is to promote any purpose which is charitable according to the law of England with
the exclusion of the advancement of religion, principally, but not exclusively for the benefit of such one or
more charities or charitable institutions operating in the City of York and the surrounding area, or for such
purpose or purposes in the City of York and the surrounding area that are exclusively charitable according to
the law of England and in such shares or proportions as the trustees of the charity shall think fit from time to
time.
Activities
The principal activity of the charity is to provide financial grants to other charities and charitable objects in
York and the surrounding area.
Although the charity may spend both its income and capital on its charitable objects, the trustees also want
the charity to maintain and grow its financial resou￿$ so that it can continue providing substantial financial
support to its objects for the foreseeable future. The ultimate objective is for the charity to promde grants and
pay its operating costs from the income and gains generated from its investment portfolio whilst also
maintaining and growing the value of the portfolio.
The charity does not have any employees, does not make use of volunteer labour and does not involve itself
directly in the provision of any charitable services.
The trustees have delegated the management of the charity's investment portfolio to a professional
investment manager with the aim of maintaining a diversified range of holdings capable of generating a
resilient level of income and capital growth for funding the charity's current and future activities.
Public benefit
The trustees confirm that they have referred to the guidan￿ contained in the Charity Commission's general
guidance on public benefit when reviewing the chanty's activities and objectives and in establishing the
charity's grant making policy. The trustees are satisfied that the charity's purposes are for the public benefit
and the charity's grant making policy is aimed towards fulfilling the public benefit requirements.
Grantmaking policy
The charity aims to support any activity that is recognised as charitable according to the law of England,
except for the advan￿ment of religion. It aims to support charities and charitable institutions operating in the
City of York and the surrounding area and charitsble objects in the City of York and the surrounding area.
PrO￿dureS have been put in pla￿ to help ensure that any criteria applied to determine the eligibility of grant
recipients and to ensure compliance with the charity's objects and the public benefit, are reasonable,
Justifiable and proportionate.

THE WHITWAM FAMILY CHARITABLE FOUNDATION
CHARITY NUMBER: 1154094
TRUSTEES. ANNUAL REPORT
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
Achievements and perfonnance
Achievements
The charity operates a website and Twitter account to help promote and publicise its activities. In addition,
the trustees also draw on their personal contacts. word of mouth support from existing charity contacts and
visits to events run by other charities to encourage grant applications from other charities, non-profit groups
and individuals that meet its objects.
During the year 22 grant commitments were approved for payment (see note 5 to the accounts). The
charitable entities, activities and projects supported included=_
A contribution towards Poli￿ community club delivered to schools.
A contribution towards counselling sessions.
A contribution towards delivering musical and intergenerational activities.
A contribution towards a childrens hospi￿.
A contribution towards supporting vulnerable families.
A contribution towards early support for post birth mums and babies.
Investment perfomiance
The annualised total retums achieved by the charity's investment portfolio, its benchmark index and the FTSE
All Share index to 5 April 2025 were as follows-_
Charity's portfolio
Benchmark index
FTSE All Share index
1.8%
1.6%
5.0%
3.3%
4.3%
The perf0rrnan￿ of the investment portfolio over the year was affected to varying degrees by the following
factors'.-
UK fiscal instability in 2022, including the mini budget crisis, drove gilt yields sharply higher, hurting
bond prices.Subsequent policy nomialisation and Bank of England rate cuts in 2024-2025 helped
stabilise returns. In the US, shifting trade and regulatory signals created intemittent volatility.
Global equities fell steeply in 2022 amid inflation and aggressive rate hikes. However, the last three
calendar years have delivered robust rebounds, led by US technology and healthcare sectors.
Diversification across international markets cushioned volatility and captured upside during recovery
phases.
Active positioning in quality growth names and defensive sectors proved critical. Companies with strong
balance sheets and pricing power outperfonned during inflationary periods, while exposure to cyclicals
aided returns during the rebound.
The war in eady 2022 triggered energy price spikes and infiation shocks, pressuring bonds and equities.
Gold acted as a safe haven, appreciating significantly during periods of heightened geopolitical risk.
Global monetary policy cycles dominated performance. Rapid hikes in 2022 depressed bond valuations,
while subsequent easing supported fixed income. Particularly GBP strength versus USD
affected
translated equity returns. Inflation trends, energy market normalisation. and sector rotstions also
influenced outcomes.
Financial review
Financial summary
Below is a summary of the charity's financial results for the year and its financial position at the year end
based on the statement of financial activities and balan￿ sheet-_
Total income for the year increased by 40￿ to £80,228 (2024.. £77,084);
Total expenditure for the year increased by 39 % to £126,267 (2024.. £90,942).,
Total income for the year financed 64 % of total expenditure (2024.. 85 % of total expenditure).,

THE WHITWAM FAMILY CHARITABLE FOUNDATION
CHARITY NUMBER: 1154094
TRUSTEES. ANNUAL REPORT
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
After adding in net losses of £48.665 from investments (2024- net gains of £196,833) the resulting net
expenditure for the year amounted to £94,704 (2024.. net income of £182,975)"
The market value of the investment portfolio at the year end amounted to £2,825,880 (2024.. £2,922,086)
which represents a decrease of 3 % on the previous year end.,
The total net assets of the charity at the year end amounted to £2.815,274 (2024.. £2,909,978) which
represents a decrease of 3 % on the previous year end.
Reserves policy
At the year end the unrestricted reserves of the charity comprised designated funds of £0 (2024.. £0) and free
funds of £2,815,274 {2024.' £2,909,978).
The trustees do not consider that the charity requires a formal reserve fund as a contingency against
unexpected revenue declines in future periods because'.-
the risk of a substantial and prolonged revenue decline from a well diversified actively managed
securities portfolio is considered to be small.
the trustees review the net cash position of the charity, the performance of the portfolio and their
expectations for the future before deciding how much they will make available for grant commitments at
each grant meeting.
the one-off nature of many grant applications mean the trustees will be able to adjust future grant
commitment approvals to reflect any unexpected changes in the perf0rrnan￿ of its investment portfolio
or in its operating costs.
the trustees have the discretion to spend the whole or any part of the capital in order to fulfil the charity's
objects if they so wish.
Going Concern
There are no material Un￿rtaIntieS about the charity's ability to continue as a going concern.
Investment policy
The trustees have agreed the following investment terms, objectives and policies with the investment
manager"_
The portfolio is managed under a full discretionary service.
The portfolio is currently managed on a low to medium risk basis with a balan￿d approach to income
and capital growth.
Vvhilst the investment manager is comfortable investing in direct equity holdings in overseas companies
in developed markets, their preferen￿ for emerging and developing markets is to invest via pooled
investment entities due to their more specialist knowledge of these markets.
The trustees have considered whether to impose any restrictions into the charity's investment policy
based on social, environmental or ethical factors. but have decided against this, instead giving the
investment manager free reign to take these issues into consideration in their strategy for the portfolio as
events unfold going forward.
The investment strategy is reviewed with the investment manager on a regular basis.
Risk management systems and procedures
The trustees have compiled a register of risks to which the charity is exposed and have introduced systems
and procedures to mitigate the risks identified. Dates have also been set for reviewing the adequacy and
effectiveness of the risk control systems and prO￿dureS adopted.
Structure, governance and management
Type of governing document
The charity's governing document is a Charitable Incorporated organisats.on Constitution that was approved
by the Charity Commission on 4 October 2013.
How the charity is constituted
The charity is constituted as a Charitable Incorporated Organisation

THE WHITWAM FAMILY CHARITABLE FOUNDATION
CHARITY NUMBER: 1154094
TRUSTEES. ANNUAL REPORT
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
Trustee selection methods
The existing trustees select new trustees from people known to them that they consider to have suitable
knowledge and expertise. Trustees are appointed for indefinite terms, usually upon the retirement of existing
trustees.
Policies and procedures for the induction and training of trustees
New trustees are provided with a copy of the Charity Commission publication CC3 "The essential trustee..
what you need to know, what you need to do" which provides guidance on what is involved in being a charity
trustee. In addition, they are also provided with a copy of the CIO Constitution and the charity's investment
policy, conflicts of interest policy and register of risks. New trustees are also asked to sign a declaration of
eligibility and to complete a register of interests.
Organisational structure
The charity has no employees and no fomial links with any other charitable organisations. None of the
trustees receive any remuneration from the charity for acting as a trustee. Rollits LLP provides a range of
operational services to the charity. including trustee. legal. administration, secretarial, grantmaking support,
investment support and accounting.
Related party relationships
John Lane is a partner in Wilkin Chapman Rollits, a firm of solicitors that provides services to the charity as
detailed above. Wilkin Chapman Rollits fees for these ServI￿S are separately identified in the notes to the
accounts.
The charity maintsins a conflicts of interest policy and a conllicts of interest register and has put in place
procedures to identify and manage such conflicts.
Reference and administrative details
Charity name..
The Whitwam Family Charitable Foundation
Registered charity number..
1154094
Charity's principal address=
clo Wilkin Chapman Rollits LLP Citadel House 58 High Street Hull HU1
1QE
Names of the charity trustees who manage the charity
Andrew Whitwam
Nicola WhI￿aM
John Lane
The power to appoint new trustees is vested in the current trustees.
Names and addresses of advisers
The charity's principal advisors are..
Investment mana
er
Investec Wealth & Investment Ltd, 2 Gresham Street London EC2V 7QN.
Banker
Barclays Bank, One Stanhope Gate Mayfair London W1 K 1AF.
min
Andrew Northern ACA, Fortus Limited, Equinox House, Clifton Park, Shipton Road, York, Y030 SPA
Wilkin Chapman Rollits LLP, Citadel House 58 High Street Hull HU1 1QE.

THE WHITWAM FAMILY CHARITABLE FOUNDATION
CHARITY NUMBER: 1154094
TRUSTEES. ANNUAL REPORT
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
Future Developments
The trustees are satisfied that the prO￿dureS they have put in pla￿ to deal with grant applications and
operational matters represent an efficient and cost effective way of achieving the charity's objectwes. These
procedures are reviewed periodically to ensure the charity will continue to deliver on its objects for the
foreseeable future.
Declaration
The trustees declare that they have approved the trustees, report above.
Signed on behalf of the charity's trustees..
Andrew Vthilwam
Trustee
0310212026

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE WHITWAM FAMILY CHARITABLE FOUNDATION
I report to the charity trustees on my examination of the financial statements of the charity for the year ended
5 April 2025.
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 {"the 2011 Acf,).
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act.
In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145{5)(b) of the Act.
Independent examinerfs 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 that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act,. or
the financial statements do not accord with those records; or
the financial statements did not comply with the applicable requirements Con￿rning the form and
content of accounts set out in the Charities (Accounts & Reports) Regulations 2008 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.
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 financial statements
to be reached.
0310212026
Date:.............................................................
Andrew Northem, ACA
Fortus Limited Business advisors & accountants, Equinox House, Clifton Park, Shipton Road, York,
Y030 SPA

THE WHITWAM FAMILY CHARITABLE FOUNDATION
CHARITY NUMBER: 1154094
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
nr
tri
Income
Investments
80,228
77,084
Totsl
80,228
77,084
Expenditure
Raising funds
Charitable activities
21,304
104,963
20,710
70,232
Total
126,267
90,942
Net (expenditure) before investment gainslllosses)
Net gainsl(losses) on investments
(46,039) (13,858)
(48,665) 196,833
Net incomel{expenditure)
(94,704) 182,975
Net movement in funds
(94,704) 182,975
Reconciliation of funds:
Total funds brought fO￿ard
2,909,978 2,727,003
Totsl funds carried fonNard
2,815,274 2,909,978

THE WHITWAM FAMILY CHARITABLE FOUNDATION
BALANCE SHEET
AS AT 5 APRIL 2025
nr
ri
Fixed assets
Investments
2,825,880 2,922,086
Totsl fixed assets
2,825,880 2,922,086
Current assets
Cash at bank and in hand
4,000
3,266
Creditors: amounts falling due within one year
14,606
15,374
Net current liabilities
(10,606) (12,108)
Total assets less current liabilities
2,815,274 2,909,978
Total net assets
2,815,274 2,909,978
Funds of the charity
Unrestricted funds
2,815,274 2,909,978
Totsl funds
2,815,274 2,909,978
Signed by one trustee on behalf of all the trustees
Signature."
Name..
Andrew Whitwam
0310212026
Date of approval..

THE WHITWAM FAMILY CHARITABLE FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
General information and basis of preparation
The whI￿arn Family Charitable Foundation is a CIO in England. The address of the registered office is
given in the charity infomation on page 5 of these accounts. The nature of the charity's operations and
principal activities are the provision of financial grants to other charities and charitable objects in and
around the City of York as detailed under'objects, and 'activities' on page 1 of these accounts.
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
practi￿ applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011,
and UK Generally Accepted Accounting Practi￿.
The financial statements have been prepared to give a 'true and fairf view and have departed from the
Charities (Accounts and Reports} Regulations 2008 only to the extent required to provide a 'true and fair
view,. This departure has involved following the Accounting and Reporting by Charities= Statement of
Recommended Practi￿ applicable to charities preparing their accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the
Accounting and Reporting by Charities" Statement of Recommended Practice effective from 1 April 2005
which has since been withdrawn.
The financial statements are prepared on a going concern basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling which
is the functional currency of the charity and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial ststements are set out in
note 2 below. These policies have been consistently applied to all years presented unless othetwise
stated.
Accounting policies
2.1 Income
Recognition of income
These are included in the statement of financial activities (SOFA) when=
the charity becomes entitled to the income..
it is more likely than not that the charity will receive the income- and
the monetary value can be measured with sufficient reliability.
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or
permitted by the FRS 102 SORP or FRS 102.
Income from interest and dividends
These are included in the accounts when re￿Ipt is probable and the amount receivable can be
measured reliably. Income received with recoverable tax credits attached are reported gross under
income and any unrecovered tax at the year end is included in debtors. The accrued interest included in
the sale and purchase of treasury stocks and corporate bonds is included in investment income in the
SOFA on the date of the sale or purchase.
Investment gains and losses
This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss
resulting from revaluing investments to market value at the end of the year.

THE WHITWAM FAMILY CHARITABLE FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
Accounting policies
(Continued)
2.2 Expenditure & liabilities
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation
committing the charity to pay out reSoUr￿S and the amount of the obligation can be measured with
reasonable certainty.
Allocation of costs to different areas of expenditure
Where possible all costs are allocated to the particular area of expenditure to which they relate. If any
costs relate to several areas of expenditure then they are split and allocated to the relevant areas of
expenditure on an appropriate basis.
Govemance costs
Governance costs comprise all costs involving public accountability of the charity and its compliance
with regulation and good practi￿ (including costs relating to the annual general meeting). These costs
are included as a charitable activity support cost in the accounts.
Grant commitments
Vvhere the charity gives a grant commitment without conditions the liability for the fijll fijnding obligation
is recognised in the SOFA when the commitment is made. However, where the charity gives a grant
commitment that is subject to conditions (such as the grantee needing to raise additional funding from
other sources, or the object of the grant requires the grantee obtaining planning permission from a local
authority) then such grant commitments are only recognised in the SOFA once the trustees believe it is
more likely than not that the project will proceed.
Creditors
These liabilities are measured at setuement amounts less any trade discounts.
2.3 Assets
Investments
Fixed asset investments in quoted shares, traded bonds and similar investments are initially valued at
cost and subsequently at fair value {their market value) at the year end. The valuation of treasury stocks
and corporate bonds exclude the value of accrued interest. Fixed asset investments also include capital
type cash balances held for investment or reinvestment by the investment manager.
Debtors
Debtors are measured on initial recognition at settlement amount after any trade discounts or amounts
advanced by the charity. Subsequently, they are measured at the cash or other consideration expected
to be received.
Income from investments
Income from stocks & shares held in the investment portfolio
Interest from cash balances held by the investment manager
78,546
1,682
74,349
2,735
80,228
77,084
10-

THE WHITWAM FAMILY CHARITABLE FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
(Continued)
Expenditure on raising funds
2025
2024
Investment managerfs fees and charges
21,304
20,710
21,304
20,710
Expenditure on charitable activities
Grants to institutions
Grantmaking support costs
Governance costs
88,200
2,269
14,494
52,400
2,109
15,723
104,963
70,232
Number of grants
22
14
5.1 Classification of grants
2025
2024
Grants to institutions
Advancement of education
Advancement of health & saving of lives
Advancement of citizenship and community development
Advancement of the arts, culture, heritage and science
Advancement of amateur sport
Relief of those in need due to age. disability, etc.
4,000
5,500
32,000
7,500
10,500
13,000
2,500
5,000
13,900
6,000
40,700
88,200
52,400
11

THE WHITWAM FAMILY CHARITABLE FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
(Continued)
5.2 Material grants to institutions
2025
Name of institution
Amber Bees CIS
Survive
ose of
rant
Contribution towards Poli￿ Community Club
Towards delivering support, counselling and trauma
helpline
Yorkshire Air Ambulan
Purchase of Pilot helmet and pilot suits
Move the masses
Towards the support role for the York Move Mates Project
Living Potential Care Farming Towards increased staff costs
cic
York Women's Counselling
Service
Musical Connections
Towards delivering musical and intergenerational activities
North Yorkshire Music Thearpy Towards work with vulnerable people
Centre
Treasure Chest Breast Feeding Towards the early support post birth mums and babies
Group
The Island
Towards supporting 12 young people
Martin House
Towards the running costs
Age UK
Towards the keep your pet servi
Family Matters
Towards the annual service delivery
Home Start
Contribution towards supporting vunerable families
Chocolate & co
Funding an employee for another year
The Hut
Contribution towards Perfect Mix sessions
Peasholme Charity
Towards next step housing advocacy
York City Knights
Contribution for Maintenan￿ of wheelchair team
Tang Hall Employment
Towards the organisational budget
Huby Playing Fields Association Repla￿ current wooden fen￿ and gate
Community Fumiture Store
Towards IT support worker
Shine
Towards running the intervention groups
4,000
2,500
3,000
2,500
3,000
Towards counselling sessions
4,500
5,000
5,000
3,000
4,000
1,000
3,500
5,000
5,500
5,000
5,000
5,000
700
5,000
6,000
5,000
5,000
88,200
88,200
5.3 Analysis of grantmaking support costs
Wilkin Chapman Rollits, grantmaking support fees
2,269
2,109
2,269
2,109
Wilkin Chapman Rollits, grantmaking support fees represent work done in relation to the charity's
grantmaking policy and grant application fomi, correspondence and meetings with actual and potential
grant applicants, the review and pro￿SSIng of grant applications, preparing agreements or letters
regarding any terms and conditions applicable to each grant and arranging payment of successful
applications.
12-

THE WHITWAM FAMILY CHARITABLE FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
(Continued)
5A Analysis of governance costs
2025
2024
Independent examiner's fees
Wilkin Chapman Rollits. accounting fees
Wilkin Chapman Rollits. administration fees
1,638
3,781
9,075
1,560
4,464
9,699
14,494
15,723
Wilkin Chapman Rollits, administration fees represent work on legal and regulatory matters relating to
the Foundation's charitable status, trustees meetings and any other administration matters not idents'fied
as investment support, grantmaking support or part of its accounting servi￿.
5.5 Fees for examination of the accounts
Independent examiner's fees for reporting on the accounts (gross)
1,638
1,560
1,638
1,560
Net gains and losses on investments
2025
2024
Losses realised during the year
Gains and (losses) on revaluation at the year end
(4,621)
{3,998)
{44,044) 200,831
Total net investment gains and (losses) per the SOFA
{48,665) 196,833
Investments
7.1 Valuation of investments at year end
Listed investments
Cash or cash equivalents
2,786,410 2,816,142
39,470
105,945
Total
2,825,880 2,922,087
All investments are revalued to market value (fair value) at the year end. No investments are held at
cost less impairment at the year end.
13-

THE WHITWAM FAMILY CHARITABLE FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
(Continued)
7.2 Historic cost of investments held at the year end
2025
2024
Listed investments
Cash held for reinvestment
2,599,324 2,572,828
39,470
105,945
2,638,794 2,678,773
7.3 Investment movements during the year
Cash & cash
Listsd
Total
Total
inv
2024
Market value at beginning of year
Add.. additions to investments during the year
Less.. disposals at carrying value during the year
Addl{deduct).' movements due to changes in listed
investments
Addl(deduct).' transfers inl(out) in the year
Addl(deduct).' net gainl(loss) on ￿valUation
105.945 2,816.142 2,922,087 2,732,600
1,529,561 1,529,561 1,234,926
(1,515,248} {1,515,248) (1,264,853)
(18,999)
26,775
(18,999)
(47.476)
(47,476)
{8,193)
(44.045} (44,045) 200,832
Market value at end of year
39,470 2,786,410 2,825,880 2,922,087
7.4 Material holdings of investments at 5 April 2025
Individual holdin
Abrdn OEIC V
Columbia Threadneedle
Royal London Sterling Credit Fund
United Kingdom 1112 % Treasury Stock 2016-22.7.26
United Kingdom 1.25 % Treasury Gilt 2017-22.07.27
United Kingdom 0.125 /0 Treasury Gilt 2020-31.01.28
Vontobel Twentyfour Abs Rtn Cred Fund
s >5 /0 of total listed investments
179,566
155,372
206,045
172,246
146,492
175,963
218,791
1,254,475
6.44 %
5.58%
7.39/.
6.18/.
5.26 %
6.32%
7.85%
45.02 %
Cash at bank
Barclays current account
4,000
3,266
4,000
3,266
14-

THE WHITWAM FAMILY CHARITABLE FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
(Continued)
Creditors and accruals
2025
2024
Amounts fallin
due within one
Independent examiner's fee
Wilkin Chapman Rollits. fees
Investment managerfs fees
ear
1,638
7,789
5,179
1,560
8,544
5,270
14,606
15,374
10. Contingent liabilities and contingent assets
financial effect
Contin
ent liabilities
The charity did not have any contingent liabilities or conts-ngent assets at the reporting date.
11. Fair value of assets and liabilities
osure to li
uidi
risk
The liquidity risk exposure of the charity not being able to meet short term financial demands is mitigated
by the trustees reviewing the up to date financial position at the same meetings at which they review and
approve any further grant commitments.
osure to credit risk
The charity did not have any debtors at the year end and the income generated from the investment
portfolio is retained by the investment manager for reinvestment. The risk of loss arising from these cash
balances before they are reinvested is considered low because the investment manager is a regulated
institution that is required to hold such cash balan￿S in a segregated client money account.
osure to market risk
Investments represent the majority of the charity's net assets. The risk of a financial loss arising from an
investment due to changes in the market are mitigated by the active management of the investment
portfolio by a professional investment manager and the diversification of the investment portfolio based
on an investment policy approved by the trustees.
Chan
es in fair values of debtors creditors & investments due to credit risk
There have been no changes in the fair values of basic financial instruments (debtors, creditors and
investments) attributable to changes in credit risk.
12. Trustee remuneration and benefits
None of the trustees have been paid any remuneration or received any other benefits from an
employment with the charity or a related entity during the year (2024.. none).
15-

THE WHITWAM FAMILY CHARITABLE FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR FROM 6 APRIL 2024 TO 5 APRIL 2025
13. Transactions with related parties
hi
Am
Wilkin Chapman See below
Rollits
Wilkin Chapman
Rollits services
15,125
7,789
16,272
8,544
15,125
7,789
16,272
8,544
John Lane is a member of Wilkin Chapman Rollits LLP which provides secretarial, administration, legal,
investment support, grantmaking support and accounting services to the charity. The payments by the
charity of Wilkin Chapman Rollits, charges are authorised by the charity's constitution. A breakdown of
Wilkin Chapman Rollits. charges for these services are detailed in the notes to the accounts.
Wilkin Chapman Rollits aims to invoice the charity on a quarterly basis for its services. The invoices are
payable on delivery and the charity settles them by cash payments once they have been authorised in
accordance with the procedure agreed by the trustees.
The Terms and Conditions of Wilkin Chapman Rollits LLP'S remuneration for providing administrative
services to the charity are independently reviewed and approved by the un-conflicted trustees in the
absence of John Lane, and in accordan￿ with the charity's Conflicts of Interest Policy.
16-