THE BARROVIAN FOUNDATION UK CIO
(CHARITY REGISTRATION UK NO: 1157260, IOM NO: 1332)
(COMPANY REGISTRATION NO: 006376F)
FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2024

THE BARROVIAN FOUNDATION UK CIO
FINANCtAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
CONTENTS
PAGE
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'll)c Bdrrniryan Faundarinn L',K (-.1( )
'll)c S141?Ic
l.Irrlc ( liin, Church b.2ton
StafF()rd
%'1-21111.iU
fuundarionCa,.kwc.im
Principal I Iffice
King IX'dliAm's Couvge
Castlet()Ivft, l*le vf Ilan
J,IL9 I'[1)

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
TRUSTEE'S REPORT
'I'he .1 rii%ree prL"8enr% its rLport tugether with the 6n%Aciai srdtcmcnr5 For rh¢ i'car ended 31 .4ugusr ?(}94 which show the 5t8tc of
rlie ChArifi' s Aff*irs.
The finincial stAtemenis compl} wirli rhe Chariries .4ci ?(11 l alid .4ccounting and Reporting bi, Charilles.. .%iaremetir OF
Recominended l)r¢iciice ipplicAble tu Lh£irirJes prep%rit)g tlivir acci)unrs in acc£)rdai)Lc ivirh the FinAnciAI IlcpDning.%tAnd1rd
api)liiAI)le in Ihe UK 2nd R¢pul)b"L of Ir¢l2nd tr RS 102). Charirics Re￿s[ratiOn and Regulation .Icr ?1119 And The CharitTes
RLRuIArioIis ?11?11.
The Charir). was furm¢d as a C.hariral)Ic, Incorporarc.d ( )rgAnizAtion on 311 I12Tr ?1114 in England (C-harJry' Jiiiml)er I157?6(1) and rhe
rrucriir¢ of rh¢ ("harirs' is goi'ersied l)!, irs Lonsriruu()n. -lThc (-harirt' Iva% inLoTrnrar¢d in rhe 18le of IlAn as A Foreign iumpAni'
(CumpAn)' number 1106376F) on 16 Juli.. ?11?1 and re£Jsrered in ihe 18le of ,Ilan as A chanrt- (C.harin' numl)er 133?) NIArch
211?
PRINCIPAL ACTIVITY
Th¢ Ch1rin s principAI Rctiipity is IAICI ULir in its constirutiorj duLum¢nt daicd 4 Nlai. ?1114 And is ru ¢sr2blish a mLai)¥ uf sirLILtur¢cl
l()i)g rerm fund rAi%iiig in IhL L'.J111LLI IKiJikF(l()rn io a55isr iii adi'Ancei)Icnr ()f rlie L,duLalil)11 ()f the piipils ai Kiiig Kx'illiilm 5 c.ollege.
"rh¢ Buchan .S¢hool and 'llic IluLI)'dn X.ur%er!,, C..asrler()IlPn, J81É' L)( Nlai) IIL)gerliL'r "rhc Scli()ol"I lJ!- IhL dtv¢lr)pnic nr i)f (xiiliiie%
xiid supp()rTin&k l)ursdrie% f()r pupil% ii,hts 3rtcnd, ur wish TO iirr¢iicl rlic SLhi)ol in pArallcl ￿'1[h th¢ Islt, vl-.IIAn cliarin., 'I'hi 1341rroi'ian
FoundAtion.
'I'h¢ I"hqi nry. Ivill seek r() proinore An Awareness of the i)¢cd tu supp()rt thv %ili()()l and t<> ci)mplL'mcnt ihc wnrk i)f rhe .IluiyJiii
i)cieries, Pareiiis, FriLnds hnLI .4iak¢hulLlir4 ()f thc. School.
FINANCIAL RESULTS
(IL'()%s inii)niL f()r rlic. !'L',Ir is £'?4,11931?0?3.. £?1.363) li nd expenses £111,888 (91}?3.. £.'In.? 1.11. DiirillLtr tlie i'eAr ii() grAiits were
macl¢ to IKiJig Il'illiain's I"i)IlcgL' I?(1?.I.. I',NTjl) The iicr iiicomiiix res()urL¢4 ()f £14,1.141911?3.. 1.'11,l $1)) hal-c l)cL'r) tr14 iitsfL'rrvL4 10
re%erves.
l)unng I'cal. LndLd 31 .lu%u%r ?11?4, rl)c Pi)Iind%rion. rliL C?i)vcrnor% i)f knng 11 illi%m's (_ollcgc Anil l-li£ HucliAii .%LI)()c)l. rhc Ijishup
BAL'I'()w's fouiidArinn Aiid the 4ih()ol's %enii)r l.CAdcrsliip I cam liai'c ljeei) workinK on A new dei'el()Pineiir strAleg)' 10 taise
i£ILliri()nal fuiids fi)r rh¢ S11i0()l.
RESERVES POLICY
N()rc 7 11) rhc Fitianlial sraremc'nr5 9h()wq rhe As4er4 liAI)IlIri¥￿ Airril)utl11)l¢ to rhc RL'4rriLred and Unrlsiritred fund8 tiitilliiig
L91 ?()9 (?11?.1.. £7",,] (14).
Lxpc'll¢lJiurL, l)i' rl)c. ("1)1riri? in il)e f()rm of gr:1iltS lu King Il'illiAJn'* C.ollegc is dcrii'td ind determiJiLd frnm Il)e incnmc" gii'tl) ID
dar£,. -ri)ii'ef()ri' rhc, ILKel ()f frLL fL%in-cs 1% :IlivA)'S Adiyu<ir¢ 11) mict If)minirmL'nts.
STRUCTURE, GOVERNANCE AND MANAGEMENT
l-hc Dirviiurs uf tlii Luq)urarL .1 rLi%i£e (I'li¢. BHrr()viaii P'L)unddlil)nl di'icriniI)c ilil gi'iiLral p()IiLI' of thv Chars1)'
regularl!J r¢poriing ro rlic Ixi'iig KIAjlliAm'b C<)IlcL)e F,inxnce Ancl L7cncrAI Ilutyose8 I'ritnmirtcc (I.'&CyP) 1r lef4S1 rL'ri)Ili'. Direitots of
rhc, (-orporaie TriisteL afL' eithvr Liirrent or (()nncr CJni'ern()r8 nt King Ix'illiatn's C.ollc£e,
TRUSTEE
Thc H:Irr¢)I'iiin l.-i)unilirii)n
l%l£' of Ilin C.l)Irirn' numl)Lr 111114 And C".nn)i)'.In!' numl)er I1474.%C..
'ri)L' iL)n%riruiivn allows fur up t() 6 1'ru5tec5 ivliu are appi)ititLd from rimc io rimL bv rhc niemlitrs.

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
TRUSTEE'S REPORT - continued
TRUSTEE'S TRAtNING
'I'hc DiriLrurs uf ihL L()rp()raic Tru8ree.-the BArrovi:iii E.c)iindarinti. are alsu current nr fi)rmcr GnNernors uf rhL %ihuul. .¥ll
CioirL'mnrs Are askcd t() rtAd ii-idLlI' and underr41k¢ apprviiriare trAininx.
KEY MANAGEMENT PERSONNEL REMUNERATION
'I'lit .1 ru%rie Lun%idLr% Il)c l)<)ard c)f DirÉLiurs uf Ihc L()rI)()r'.Iit .1 n]sic¢. tlie Chivf l )peraring l )ffiicr and rhi Ile&2d i)f F.Nrernal
RLI.Ition8 .11 Kijig IX. illiam'8 Lull¢gye 1S L()mpri%ing ili¢ k¢!. rnaniigt'mt'ni per%()nnel ()t Ihe ChAnrt' in ihArg¢ of direiiing and
coiirrolknng the ChArin' and rnnning and operating thL. (-harin' oli a d:i!' r() da!. lyasi8. .1111)irecrors nf rh¢ LorpordifL. 'fnisr¢¢ ￿1.¢ ot
thLir time freeli. Aiid iio director remunerarinn nnr repai'mcnr ()f cxptn8es wa% pxid it] rhi. !'eAI I?0?3'. L"nill. The (.'hiL.f ( )p¢rAiing
( )ffiicr dnd H¢AII uf l-.xlLrnAI RelAtioiis Ar¢ cniplD!-cd l)i. IKJng IX'illi2m'% (-.()Ilege dnd i()n%idcred ra hL kc!. Jiianagcmcnr pcrsoi)nel
f)f rliar eniiry,. 1'1icrcf()rc disil()sui-e u( I1)Lir rc'inLiiierAlltii) is InAd¢ in Ihl. finAniiAI siarcm¢iits ol Kjng IX.illidm'% (-<)Ilc'&yc.
l)irLLtur.4 1)f tl)L' Lc>rpor14 rc .1 ru4teL iiri. rvquired 10 disili>sc 1¢ ll rel¢i'aiii iniLrv4t% And re￿81¢r rh¢m with thL. Chiet ( IperAting l )ffiLer
And in accordxncc ￿111) the C.hxrin s poh¢)- ￿ltI]dra￿, froin dei18iDn% wherc a ioiitliL t of inrere81 arises.
REIATED PARTIES AND PAY POLICY FOR SENIOR STAFF
-h(. -1 ruslLL Al)d IhL Dir¢Lr(Irs {)[ Il)L (.orporAre .1 rusrcc du iiut rLLLII'L rLmunt'rg1ion or l)LnLfiTS from iheir work wirh rhe Ch,.Irin'.
l)erxils ()f an!. rc.IAied PArtI' IrAllSaCtioiis ar¢ di8¢lu8vcI in nore 8 rn tlic accnunrs.
PRINCIPAL OFFICE AND PROFESSIONAL ADVISORS
Re￿$t￿red i>ffice - Biirrul-iin I,f)undAri(In LIK ('[( ) 'I'h¢ %ral)le8, 1.itilL I )iiii. C.hurLh l..aion, 41'iffo)rJ. %l'?(I 11.iu
IndLpLIidc'iii l..xAmiiicr -Cr()%￿e lslv ()f ,Ilaii l.l.I' I'ici()n. I l()U8L, I)r()speir I l<)usc. l)()u&?l%s. Isle v( Ilan
Ildnk£rs
Isllc. ?81 (-hi%wiLk I Iigli Ri?ad. l.i)nd()ii 11,,4 41 IJ
..IpprnNT¢II l)!. IhL l-rustCLS Ar a "frusrL'L mecting hLlcl on
l )Ji l)ehalf i)f the I ni8tee
( )ii behalf of rhe 'l'ruqiee
Stephen Bililngliur￿r

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
TRUSTEE'S RESPONSIBILITIES
The TN8iec is respi)i)%Jbli. fur prepanng All £lAJIUAI rLpDrr and tinAALial ￿tateMentS in accordaiicc ￿'1th applical)le IAW And
rexulAtiun4 AnLI LIK .4LLQlltiung Sr8ndard% (Unir¢d knngdom g¢iierall!' acceprcd accnunring pracri¢¢8
The CIIAritses ..Ici ?01 l And 'l'hL. ("h&2nriL* (-l¢c()iiJir5 dnd RLPI)rts) R¢gvlaiioA5 ?11118 rcguirt ihe 'l'ni¥tee to prepAie financi£il
sraremcnrs for I'car u.hiih gliye a rrue aiid fair i'iew of rhe %r'ire of 2ffiirs of thc. ChAriry' 2nd uf th¢ inc()Ining resoLirces and
pplication of the resource5 the Cliarirt., Including it5 income and cxp¢ndirur¢. In pr¢pirin£ ih¢se finanLial 8tatemeni* th¢
J ni%ree is required io..
seleci suiial)le aicouniin& poliLies Aiid thei) Ippli. them cui)$18tentli';
oh8eri'e ihe methods and prinLipILs In ihe appliL21)le LhirirJe4 S1)Rl).
mxke iiidgmenrs And :ILcuunring ¢STiJnare8 thar arc prudLnt and reason#l)le,'
stdie whLIIIL'r appliL¢ibl¢ aLLoUnrjii￿ srdndards hAN'¢ l)¢en f()llo￿.￿d, 5uI)jcLr ro ani. marerial departi?r¢% rliar miist l)e
disiloscd and explRillC,d iii rlic Finaiicii¢ l siarenieiirs..
prepare rhe fiilAI)ci:Il siaremeiirs ciii rl)e &FoiiikJ c<)nLern l)A81S UTile88 It is in'ippropriate iu prL%ume rhc Ch%rir)- ￿111] conrinue
"rhe 'l'ru5trc is rcqpc)nsil)Ic fni. kccpiiig proper Accniiiirit)8 r¢cr)rds r1114 r ar¢ suffiLienr ri) %hDIi' An(1 cNplaiii tl)L CIIAI'if!' 5 ti'aiisacri()ns
and disil()sc ivirh rt':Isi)i)%l)Ic Aiciir',IL!' At Ali). rimL' Il)L fillAnii:Il pobiti()i) ()f thL ("harirn' AnLI i() ¢nAI)le ii t() L I)￿urC, rh1¢ I rhc. finanLI:II
sritLrncnr% c()i)Jpl!' ii'iili rhc. ("118rir2c8 .Icr ?111 l. rhc ('h¢iriric's (--Iciriuiirs aiid Rc'i?()rT%) IleKiil¢iri(>i)% ?11118 dll(I rlii pr()i'i%ii)n4 of rhi.
C'liarin s constiiuri0i1. li is Alsc) resp<>i)silile f()r 8Ale%uArdin% the Asset% of the Cl)Arin' And tAkn'nx rea8onAI)le steps for rhe
pres-¢nti()ii And dL't¢iii(Jn ()f friiucl and ijrhcr irrcgularitl¢5.
AppJ'()N'ed li} the -1 nisiecs Ai a l-rusiee meLiing held i>n
{ Iii l)L.half of thL, Trusrec
Nigel 11. Dod
( )n l)vhalf ()f rhe .1 rLl8te¢
.%ieph£'yi IlilliiiEhiirsi

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
INDEPENDENT EXAMINER'S REPORT
Indepeodeot examinet's tepori to the charity ttusiees of The Barrovi3n Foundation UK CIO
I rc'p()ri r(I Ilie rrusic'¢s on mi. ¢xanunarion ot rlie ac¥ounis OF rhe 'I'lie B2rroiriAn l-,()undarion LTK ("1( I f'rht 'frusr") for rl)e l-ear
endecl 31 .4iigu%t ?11?4.
Responsibilities and basis of report
-15 the charitl 8 Ini%ieLS nf rhe l()LindAiion. I'ou Are respniisil)le fi)r rh¢ prcparation of the Accounts in accordance with rhe
rcquiremenrs of tli¢ C_h<2riries ,411 2011 I'lhc .4LI').
I rLport in respLit ()f m!. exAminarion of rhL fuundA Tion'8 Accounrs cArricd OLlI l)nd¢r s¢c12uJi 14) of Iliv ?011 .4ct And in car4.ing
our m!. ¢%amin1ri()Ji I hai'c lalli)i￿.td iill tlic appliL81?IL D￿eLtIOnS k4I'Ln l)!. the Charin. Coinmis%ioD iind¢r s¢crioii 14.51.5)0)I nf the
-Icr.
Independent examinef's Staiement
I IIAI'¢ ¢rJJllpl¢'rLd m!. ¢kAminaii()n. l L()iifirin thAI iju mdilc ri,'Il inaiivrs hal'e come io ni!. arr¢iiuon in Connvction ￿'1th Ihe
cxAmiiiAiion ￿1?11)￿? nil, cau%e ri) IILlic'i'£' rhAi it) As1I' InarLriAI rc%pcii'.
(d) 4ICL()iinting reLord% were ni)r kept in re8peci c)f rhe foui)dirion as rcguircLI 1)i' s¢'¢tJun 1311 of rhL. .4Lr: or
O)) thL ALCI)Linrs dn nni :Iccord ￿ryrh rhi)se rcc()rd%,' f)r
(c) thL aLL()iini8 d() i)i)t L()mpl!' KKpirh ihc :IppiJi:Il)le requirt'mL'nr5 conic'rning rh¢ furm Knd Lonteni of ALLounl% ¥¢1
uul in th¢ C-h4LririL% (-IcLOLintS Al)cI RL'I)uri%) Rl￿Ful:1Ilons ?{Ill¥ Iirher rhan ali!. rcqiLir¢m¢nr thit thL ICLUUI)ts Kil'¢
H 'truc and F￿1r Irieiv wl)ich Is nol a mAtrer c(?n%iLlc red AS pari i)f an indcpcndcni cxAminari()ft.
I I)AN'L no concerns and haipt. ionic acr()ss no orher niariers in tnnnecii(Jn witli rhe exAmiJiitii)n to whiLh Airenrinn shi)iil¢l l)¢
li) Ihi* r¢pi)rt in ()rdcr io cjiable .1 pruper uiidersrinding of The aci()unrs rn l)e reach¢d.
l)L.l)i)rAh r.IAgilL. r,(...
Indcpcnclciir l-.xaffliner
()r ind i)n l)ehalf of
C.ruiie Isle of l141n l.l.C
Cl)ArtLrLd .licouiiianrs
()th l-,In()r. l-ictun. 14ousL
Pri)SPLCI I lill
D<)LiglAS, Islc i)f ,Ilan
40 n4
IOLS

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024
Unresiricted
Funds
Restricted
Funds
Total Funds
2024
Note
INCOME
l)UilAuons & L¢w41¢ir8
L)()narcd I,ces & 4L'Thice
111715
11).715
111,447
111,447
-1,8()1
-1,8()I
TOTAL INCOME
111447
EXPENDITURE
l )Iher re4nurcL8 LxpenLled..
111,447
111.447
441
.4dniii)istraiion
441
TOTAL EXPENDITURE
441
NET INCOME BEFORE TAX
14,1.15
14,1.15
TAX PAYABLE
NET INCOME AND NET
MOVEMENT IN FUNDS AFTER TAX
14.1.3.5
14,135
REcONcI￿TION OF FUNDS:
TOTAL FUNDS - broughi foTh¥ard
TOTAL FUNDS - carried fonvatd
5.375
71,78t)
8.1,9?4
77.164
)141J9
'rhe stAteJncni af fin¢iiiLial airi&'ifies inclijdes all ￿1n% Aiid losyeq recogni.%ctl in th¢ i'car.
,4112mou(It4 rclarc ro cnJiriiiuiii8 nperaiinns.
The ftote8 on p2gcs 8 t() l ? are ii n intL'grAI p2rt of thcse fJti8nci81 starcrnciirs.

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2023
Unresiricied
Funds
Restricied
Funds
Tnial Funds
2013
Noie
INCOME
DonAiions & l.egaiiL'S
l)r)nai¢d I,¢¢s & SLrK"Ic¢s
111.188
9,7811
Inrere4T
1.31)5
• l..l().I
TOTAL INCOME
EXPENDITURE
Grants..
Kijig IX,illiiim'8 (.()Ilegr
l )rhcr rc%ourcL'% expendcd..
F¢es &. .%ernices
9,7811
9.7811
433
433
TOTAL EXPENDITURE
4.33
NET INCOME BEFORE TAX
TAX PAYABLE
NET INCOME AND NET
MOVEMENT IN FUNDS AFTER TAX
RECONCILATION OF FUNDS:
TOTAL FUNDS - broughi fornatd
TOTAL FUNDS - carried forward
5.37.
011.63()
611,1114
1()4
'rhL' StAtemenr i)f fillAnLial acriviries includcs all gaii)s Ancl losses recogni%¢d it) th¢ I'eilr.
.111 amounis relHii ro conriniiing op¢rarion8.
I'hv notes On pa£¢% 8 fa l ? ?ri an inrcgrRI p'iirt i)f the%e fin.InLiAI srgrcmcnrs.

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
BALANCE SHEET
AS AT 31 AUGUST 2024
Note
2024
2023
CURRENT ASSETS:
Dcl)ior
1.074
g11.?X()
776
Lash ar l)ank
76.450
LIABILITIES
CREDJTORS.. ..ImnLintF fg11inR duc iirirhin nne i'eir
NET CURRENT ASSETS
77,164
TOTAL NET ASSETS
THE FUNDS OF THE CHARITY
UNRESTRICTED FUNDS
-5,.375
71.-,89
RESTRICTED FUNDS
TOTAL CHARITY FUNDS
,Ippi'i)i'cd And Atifh()riscd for i8sue l)!. rhc "I'rusrec on
oli behalf ()f thc I ru%tce
Nigel Il'()od
fcJOI
on l)chalf of the 'fn)%iee
.%tcphcJi Bilht)gl)ursr
I'l)I' nore.% on pxges 8 ro l ? are ai) inregrnl PArt of thLSL. fiiiancial statemLnts.

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
NOTES TO THE FINANCIAL STATEMENTS
I ACCOUNTING POLICIES
ChAnii." InLO￿orAtla iii b.n£lAnd ind is a fhAriiAI)Ic InLorpor2& ted ( )rgani%atic)n. The Ch1riN" 14 regjsic'red as a Chariry.
numl)cr I1.57?611 ¢qiid irs rcgsr¢red (Iffice is 'l'hL %tAI)le%, l.iirlL ( Inii, C'hurili F_lir()n. Sr3ffDrd, F.nglaiid. %l'?1111.IL. "fhc princjpal
r)fficL Is knng 11,'11111m's l.ollege. (.a8i1ero￿,n, Isle nf Ilan 111() I'rp.
The ChArin' is re￿￿rer¢d in rhc Isle nf .Ilan as a C.h2rin' numl)er 133
Ind a I,cirei£n (.ompani' numl)er IKI()3761,'
'rhe financial siaremenis conipl}' Ivith the ChAritiLs .lit 2n1 i And Ilie ('l)Arirics Siar¢tn¢tii ()f Rec()mnieJided I'rA¢iice api)hcal)le io
ch:Iriiics prC'p'.irii)￿) IhL'ir acci)unrs iii aici>rdance Th'irli rhi FiinAnLi&il Rlpuriin￿.￿I￿l)dArd ipplii',IblL iii Ili¢ Llk and R¥pub￿L of
Irtland (I,'ILK 111?). C.112nrie4 Regstrari()n &2nd Rtrgulaiiun .Ict ?() l () Ind rhl C.hariri¢'s R¢giilArJnns ?11?11.
1Thc principal acL()uniing pO￿LIeS Adoprcil. judg?mi'nrs and ki'l. 50uries uf esiimari()ii unierr￿ntt. in rhL' prLparAiion (>[ rhe financial
siarcmenis are as foll1}￿r$..
a) Basis of preparation
-Ili¢ tIllAlllldil %lilT('InLI)rs11ive l)een prepared in accordaiice ￿1rh ..l¢¢()unting 2nd RLporrinR b!. (-hArities.. StAtL'ment uf
Rec()Inmeiided Prqirice appb"C2¢1)Ic ro rharities prLpAring ihi ir.Iccounrs in Acciirdance ￿1Th kinanci11 Ilep()rrin% StAndArd applicable
in rhe 1Ti<I RLI)ul)lii of Ire114 1)d (b'R.% 1112. %eciii)n l .1 - IC-IIAriri£% S1)RP (I.-R% 102)) and rhc. Chirirics .ILI ?01 I, C-h:Iririe8
Rcgisiraii()ii aiiLI R¢gFiil4Ltiun ..ILI ?(119 and th£. (-hAriiiv% Rcgularic)n% ?11?11.
-I'lie finaniiil 8iaicm£'iiis Arc, prL'4eiirt'LI in pi)Liiids srcrling lid ruiiJiLILLI i() Ih¢ nL'art'41 P()Lind.
'Yhc I'h14 ri11 s funitii)n:Il aiid pri'%cnraiii)nal Ll)rrvnL!' IS thL Pl)ui)d srerknng (l). 'I'hLrc arc li() rransaLri()nq iii f()ri'ign ciirrL'nclc￿.
I"lic -1 ru4lLV LC>JI%ILIL'r8 111.11 ihLre Ar£. n(} m:Iierial uJicc'rrillllliCS <il)()Lll il)¢ (-liiirit!' 8 Al)iliri' tl) Ll)ntinue as A g()il)X L(TrnLLrJi. 'I'hLre arc
no 41reA% i)f HLljiisrmeiii Jior k¢!. assiiinptii)1)8 tliii i aflLCt iiL'm4 in rlie AcL()unr4 fi)r rh¢ currlnt ()r the n¢xi rep()riin£ periiid rhar
affL'cr rl)e cAro'iii8 I'dliie of a55ets held l)i' rhe Chariry.
Kiiig IX'illiAm's C'ollehjc. h11 S a&)reL'Il rii pr()iide fiiiaiicial siipp()ri ti) tht Ilirrc)NryAii I,i)Lllidirion L K l.'Ii ) in meL'ringJ ir% ul)ieLrii'is fur
ai Ica41 1 ? mi)nth5 frojn th¢ dite of apprul'al tjl Ihvse fiT)AniiAI srAitinL'iils. ..18 ￿U(h rl)c .1 ry1s1¢1 Lonsid<rs rhai Ihc C.harirt' is
gninki L()I)LL rl),
'lThere ari. ni) Arc'as in ihi pr¢piifigti()n i)f the finAnLial 8r',Itcmenr4 ii.hiih reqiiir¢ niqft¢ig¢mcnr r() m¢ikc sigiiiflL11 nr jiid%m£'iirs.
-rhL'r(' are I)i)t L()1)siIIL fLd li) l)g an!. kei. %¢)Iiric's ()( L'siii)i.'Iti()n un¢Lr11111n' thiii l)Al'i .'1 sigmifiLlni risk uf LIlLl4i1lg I mircrixl
djusfinL'ni r() rhL' LArn'it)h) A Jnchiilils 1)f iig%cr4 aild iJ-Al)Ilities ￿lthIll tli£. fiiiailLig1 l'iar.
b) Funds strycture
L'iiri'%irii ILLI fiiiiil% 41rt' A%'AiIAI)le li) 4pL nil ¢)n '.IctiiYiies ih..IT Fiirrhcr An!. nf il)I purp()SL￿ 1)f thv Lh21 rin.. l)Isignarcd fLJnds 2re
unrc8rrictLd funds i)f rh£ ("hArin'. dciiclcd at its di%Lrciion r() %tt ,'i%ide ro use f¢)r ? speiific Pu￿{)5¢. Rc'siricrL,d funds '.IrL. di)ii:Irioii
-hiih the df)n()r %PCLified 1re to bc solelv u8ed for PAriiiulAr RrL2¢ % of tlic G.h2nN s u'ork or for SPCLific artistlL projcits l)cing
undLrt1Len bi. Ihe Chiirin..
urthcr detaJl% i)f eAch fund Are disclosed in nore 4.
(c) Income reco￿LtiOn
.111 iniorne is reL0¥￿sed ￿,hell rhc C-hanr!. has entitlemcnt t() the fund8, Ini, pL'rf(IrmincL' Li)ndiri()ns artaLhL,d io thc ircirL(sl of
inciimc hdlI'¢ 1)een met, it is prol)al)le th.At the income will be rcc¢ii'¢d Alid the xmouiit can l)e Mea￿Ured rciJal)l!'.
l)DlIAliQllS, Art rLC()gni8cd w.hen the Ch1rin' h.,Is bL'en iioiified in ivrJtiiiK of l)utli ilit. 4IITI()iinl AnLI ￿etTI¥mill[ daiL. lii ihtr Ll-cllt thid t
don2tion is sul)jL'ci ro condirinns Ihai r¢quir¢ a l¢i'¢l ()[ pi'rf()rmAni¢ l)eforc' rl)c' ih:irii!' is c'niirlLd ro rhe funds, rl)L' ini()InL' is
deferrcd and nor rec()gni%ed until Lither thv%e conditicins Are fulli. mci. vr thL. fiilfilJi)eiit uf th()sc coJ)diti()118 is ￿,￿oI11- Iwiihiji thc
control uf the ChArirn'
InLI li is prnbal)l¢ rh31 thnsc conth'tJon4 l)e fulfilled in ihe reporting period.
For legAcies, eniirlernenr is raken rhc CAr￿er of thc d21C ()n ivhich eirher: the chariri. is aware thar probaie has l)een gr'Anted, th
c8r8rc has h¢¢n fin1h￿ed And norJfiLatJon ha8 beln made l)i' rhe executorls) ro rhc ("haritt- thAt a di5tril)utioii wll bc madc, or ￿hen
d di5tril)iition is reieii-vd fr()m the cq11re. Rcceipi nf J legdlc!., in ￿-hOle i)r in pari, is onli. Lonsiiler¥d prc)l)11)li' ii'hen the ainouiit Laii
be mcasurcd rclial)li- And rhe Ch%rin. h￿S becn notified ()( tli¥ exeLUlI)r's inr¢t)ri()n rn make a disinl)utinn. IX&cr¢ l¢Kacics liai'c been
nutifiL.d t() thi. ChArin', or rhc Chariry. 1$ 21i.are nf rhe grilt)riJig of prul)&ltc, RnLI the Lnitri￿7 for inii)mv rvcogniri()n hill'e n()1 l)¢en
mcr, rhcn Ihc Icgac!, is a rr¢at¢d 28 a c()ntingent asset And disclosed if marerial.
Miere e￿￿hle, ￿Er Aid reclRimed Iturn IIIIRC.
nlere5t un fiinds held on deposir is includ¢d when receiiTrble and the Amount can be measured rehabli, b)- the Chann,. t￿"$ is
nonnAII!- upoii notifiLarion of rhe interest paid or pxi'dl)le b!. the l)xnk.

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
NOTES TO THE FINANCIAL STATEMENTS- coniinued
d) Donaied fecs and 8errices
l)<)Jiared prolcssional seThryces and donAred F2cdirie% are recngjiised 2s incom¢ ivhcji rhe C.hariry' ha8 Cojltrol oi'er The iicm. aniy
cLiiicliuuns Associated M?ith the donarcd iicm hAI'e l)eer) mei, il)e reLLlPI of eionL)mii l)Lnefit troffl the use l)I' The Lhdrin. ()f rhc
iré'in is probal)l¢ Atid that cciinumi¢ l)envfit can b¢ mcdsur¢d rL.hal)l)'.
l )ii rcccipr. donated pr()fess1()nal sen'iLv8 And dunited FdLilitie% ArL rLLognis¢d on rhc l)4151% of thc iTaluc nf rhe gfr rn rhe C.hxriry'
u'hiih 1% rh¢ amouiir rh¢ C.harirn- ii-()iilil hai'c l)¢¢n ii'illiiig tl) Plf !' r() nl)rAin scn'iccs oi. faLiliri¢8 1)f c4uiI?xlent ecuni)mic benefit on
tIIL open m'Arkvt' A cc)rresponding amouni is rhen recogynisc.d in LXPLI)ditLLrv iii rliv PLriod of reLeipt.
e) Expenditure recognition
l.i',Il)IliriLs 'irc r¢LI)giiJ8¢d as ¢Npenditurt #% 80011 is ih¢r¢ i%¢ i Icgiil rjr cnnstnicrii'¢ nbligarii)n ci>mmirring rhc Cliariri. ro rh21
'Itioii ian l)c ni¢a8iirL,d r¢knAbli'.
..111 c'xp¢iiditure 18 ac¢oiinivd fi)r an Ai) accruals h?sis.
(Jf¢ll)rs P¢ll'al)Ic iifc P¢l!'InLntq nldiLII' T() thirLI P41fTiI'S in thc furih¢r:IllL¢ of tl)I' ¢harii;Il)Ir i)l)jcct4 c)f rlic. C.harir)'. In ihL ca%e ()[ An
UIIL()nLliti()i)al %rAnt offLr Il)i8 is :ILiru¢,d i)iicc' rhc, rL'cipiLiiI hxq l)LL'I) n()iificcl <)f IhL' KrAI)r aii'arLI. CTf<lnt4 14 IV¢2rds th.lt lire %LII)j¢cr ID
rhc rc'iipiciir Ailfilliiig p¢rf()rmillllL C(ii)diiiun5 AfL ()nl!' aLLruLd ivlic'i) rh¢ rc'¢ipJL'iir hii% l)¢Ln nijrified ()f rlie gr.iJ1r ai)(l An!.
rLm:uning unfulfillcd condiTion ArracFu'ng io rh14 r grani is ourside of rhe Lonirol i>[ rhe C.harii!'.
Pr()Visivns f()r grxni.4 Are madL' IvhL'n rhe intc'niiofi to make x grAiit hAs l)eLn Li)mmui)icAreLI to IhL rLiipiLiic l)ui there i* unieriainn.
A4 ro rhe timing ()F rhe grAnt rh¢ 3mnui)t of &yrant pd!-Al)Ic.
Q Irrecoverable VAT
Irrei()i?L'rxl)le I'.4'1' is charged Agaiiisi rh¢ cxpeiidirur¢ hcading for u,hiLh ir was iniurrecl.
g) Cash at bank and in hand
(-1sh Ar l)aiik aiid C41%11 isi h4lt)d inLliides cA81J and Èhort tLrm l)ikil)l!. ijquid ini'¢sim¢nr% ilryrh a 8hori mArurir!' <)f thr¢c' monrh8 or less
frum thL LIIITL ()f .IL4UiSition vr opciili)s￿ of rl)e dcp()sii or simil:Ir '.ICL()UIII.
h) Debior8
DLI)iors irL" rc'Logni8cd ai IhL uiidi%Louni¢d ainouJ1t rcL¢ivablc n¢t of ali) prnirysion for impairmenr.
i) Crediiof8 and provisions
CrLdiri)r% ai)d prutTi*ion8 arc reco8ni%£d ivhcrc Ihe ('harirn' has a present ol)ligAiinn resiilrinK? frum R P14 41 ei"i'Jir Ihttr will prr)l)Al)l)'
rc8ulr ill rhc rrnn%fcr ()f flind% ri) a tliird plirrn- aiid rhc imi)Lint Lliitr r() ￿etrIe ilie i)Iiligariun Cils) I)L' InL'a4urc,d or estiimaicd rcliAI)Ii'.
Crcdirurs 1nil pro)irysions Are normid11!' rccogJii￿rd at rhcir ￿¢r[]eMcn[ amount afler allnu'iiig for ani. rrade disLC)unr¥ due.
j) Financial instrurnenis
'I'lic ("Iixrin' onl!, has fin2nciAI a5SCt8 And FIllAllci21 I hAI)thtie8 uf A kjnd rhAt qualjfi, 1)asic finaJici91 insirum¥iit%. Ilasic financial
instruments art initi:Illi' rccognised Ai rran%acrinn valu¢ and subscciucnrli. mLA%ured at rheir 5ettlL'ment i'2lue duc. 10 rht'it sli(Jn rcrm
nartirc.
2 TAXATION
"riie Lurrcnr 2Ltii-itie5 ()( the Chann. Are exempt from IniomL. I"ax. There is Jiot expected ro be an!. il12nge rn ihe Chann % rax
5rarus in rhc fururc.

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
NOTES TO THE FINANCIAL STATEMENTS- continued
3 TRUSTEE REMUNERATION AND COST OF KEY MANAGEMENT PERSONNEL
'I'he Lei. mRn&igemenr persr)niiel c)f thc (-harin' rompri8¢ rhe D￿ectl)r￿ of thL. Li)rporaic -1 rusrcc a150 includ¢ rhe C.kn'¢f
( )pvraiin&i ( )ffiier ai)d I lead nf F.xr¢rnal Relarions of King IKilliam's (-.oll¢gf. Ivh05e empl()!'rnenr is ivirh and remunerariun is
s¢ril¢d l)). King l¥.,11￿￿1￿ s C.ollegtr and disil()%ed ￿'1[hin the xiinu1d I report of King Il'illihni's ("()Ilcgc. 'I'h¢ '] ru%rec r¢ceiip¢d nn
emvlumLnrs or other l)cnefirs frnm rhc ChAritt' iii thL I'e:Ir l?11?3.' £'nill. iieiilicr li'3￿ Ir rcinil)iirsLII Trustte c'NpeiJses (luring ihe iexr
{•ll?.l.. Liiil). 'I'hc .1 nJ5rec dicl Iiut r¢Lcii'L PAI'zncnr f()r pri)fc'ssii)nAI ur ()thir SL n'iLV% SUPI)lied 11> ihc ('harir)' (•ll?.l.. £iiil).
4 ANALYSIS OF MOVEMENT OF FUNDS- CURRENT YEAR
Balance
Balance
31 Aug 2023
Income
Expenditure
31 Aug 2024
RESTRICTED FUNDS
-IiinuAI ￿'Ll1]d
53.9(17
1?.44
(441)
(14.1417
Scli()larship% & 13iir%arics
l)crf()niiiiig & I'isuiil .Irt8
?,114.1
p()rT
Bii¢hAn %chr)()I
i?11
TOTAL RESTRICTED FUNDS
71,18()
14,57(1
441
UNRESTRICTED FiJNDS
5,375
77,164
111.447
(111.4471
(111,8881
5,.175
)1 ?9()
TOTAL
4 ANALYSIS OF MOVEMENT OF FUNDS- PRIOR YEAR
Balance
Balance
31 Aug 2022
Income
Expenditure
31 Aiig 2023
RESTRicfED FUNDS
,Innu,'Il I,Lincl
46,1117
9..fj>8
8,?.}3
? 8()11
(433)
53,9n7
1 ?.448
iholArships & Ilursarics
Perfomiing & l i%ual .4rrs
Science
1.9?3
p()rr
Buclixn Sch()ol
8411
9()11
41)1
TOTAL RESTRICTED FUNDS
(?11.6.39
11,583
(43.1)
71781)
UNRESTRICTED FUNDS
5.375
6().1114
9,780
?1,363
(9 7811)
5,375
TOTAL
10

THE BARROVIAN FOUNDATION UK CIO
FINANCtAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
NOTES TO THE FINANCIAL STATEMENTS - continued
5 DEBTORS
2024
2023
I I.IIRC. gifr aid
Bank ItJt¢r¢'si
1(14
776
910
1,1174
776
6 CREDITORS
2024
2023
.4Lcruals
{(,?
7 ANALYSIS OF ASSETS AND LIABILITIES BETWEEN FUNDS
AS AT AUGUST 2024
Unre8¢ticied
Income Funds Resiricied Funds
Total Fiinds
2024
CURRENT ASSETS..
1.074
1.1174
911,•86
)1,-360
L:Ibl) Ai l)Ank
-1,375
t14 1)] I
8.5 1)85
LIABILITIES..
CREDITORS. I 17l()Iints falliiig ditc uirhiii one J'exr
NET CURRENT ASSETS
-j,37.1
919()()
TOTAL NET ASSETS
1S.5,994
91 •()[)
ANALYSIS OF ASSETS AND LIABILITIES BETWEEN FUNDS
AS AT AUGUST 2023
Unrestricied
Income Funds Restricted Funds
Total Funds
2013
CURRENT ASSETS:
DvbtcTrr
776
776
Cash At l)ank
-1,375
76,4511
71,851
LIABILITIES:
CREDITORS.. Am(TriiiitN fAlling duc ￿rythIn ()nc' I'¢ar
NET CURRENf ASSETS
71.781)
77,164
TOTAL NET ASSETS
5,3:. 5
77.164

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
NOTES TO THE FINANCIAL STATEMENTS- continued
8 REIATED PARTIES
in.4 11 illiim's (.ollcgc ?iid 'll]e Barroi"ian Found,.Iri(Jn LIK CI( l Arc ii)nsidir¢d 11) lie rtrlaied l)vdies .14 Ihis ()rkFiAni4aii()11 h:1$ l)vvn
esiL21)Iishe(I ro rAise funds tor thL %ihnnl. 'I'hc .1 rusicc. of rhe B2rroi-iAn Fuiind411Jvi) LIK LI( l 1% rhe Barrc)iidn FDundauoA ii,hiLh
has l)ireifc)rs wh() ?rc alsc) meJnl?crs ancl t)Irecii)r% ()f kn'ng IX'illiAm'% (-.Dllcgc.
Balance
Transaciion6
DR/{CR)
2024
Transaciions
Balance
2024
2023
DR/(CR) 2023
King William's College
IIiiLI' Ll)IllpAllI. l)alhi)LC t I Septcinber
l)r)naied fce8 ai)d scrl'iies
111,447
),7811
19.7811)
E,eL's and %L'rnices
(111.44 1)
C?fAJlfS iqwardi,d to Kll'c
CifAlifS paicl io KKI.'('
Inrer-c(ImpHii)' l)a151nc¢ Ai .31 .Kugu%t