THE BARROVIAN FOUNDATION UK CIO
(CHARITY REGISTRATION UKNO: 1157260, IOM NO: ts32)
(COMPANY REGISTrATION NO: (NJ6376F)
FINANCLAL STATEMENrs
ENDED 31 AUGUST 2025

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST
CONTENrs
PAGE
TRUSTEE'S REPORT AND
TRUSTEE% RESPONsIBILM￿ STATEMENT
tNDEPENDBNf EX4MINER% REPORT
STATEMHNf OF FINANCL4LACTtVLTIBS
BAIANCE SHE
12
Banket
HSBC B￿£ plc
281 chis￿rn¢k Hi811 Ro*d
knd¢)n
IX14 4HJ
Indepeodent ExAmiAtr
Crowe Isle ofmm
6th floor. Victory Hou8e
Prospect Hill
18le of Man
IMI IEQ
Re8iStered Offi¢t
The Bgmviffj FOu[￿tion UK CIO
23 Ashd81¢5
StAlbAni
United ￿0M
ALI 2RA
Principal Office
King1ViUi￿n'y College
castl¢to￿n. Isle oEMgn
IM9 ITP

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL %fATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
TRUSTEE'S REPORT
The Trustee piesen15 Its trport togethcr with thc 6nsnci2] statement¥ for the ye#r ended 31 Augu$r2025 which the state OE
the Ciwity'5 2ffsirs.
The financial ststemcnt5 comply with the Ch￿tIeS Act 2011 and Accouttring and Reporting by Charitie8.' Sta(ernent of
Reconunended PyA¢tice appkncable to charityey preP￿ng their Accounts in a¢eordance with the Fillanci￿ Reportlng S[4t￿l￿d
applicable in Ihe UK and Republic o(Ir¢lond (FL4 102), Chariues R¢gi$tratioft and Re￿8￿0n Act 2019 9Ad the Charitie&
R¢gu]ation5 2020.
The Chariry was Eorll￿d as a CharirAble JDCOLV)rAted Otganszation Ott 30 MAY 2014 in England ICh2rity number 11572601 and the
strncttw¢ of the Chatity is governed by irs constiNtion. The Ch2nty was incoTrorated irt the Isle of Man as 8 Forcy) company
(Company number 0063764 on 16 July 2021 and ce8iStcted in rhc 1s]e OE Mart as a chariry (Chatity number 1332) on 28 MArcb
2022.
PRINCIPALACTJVITY
The Ch#nry's principAI acll￿ry ts l#id out in its consutution document darcd 4 Msy 2014 and 18 to establish a means of strnctured
long term fvnd raisirtg in the United Kiagdom to a88i5t in 0dvan¢ement of the edurauon olthe PUPLi8 4t KingWJlliAm's Colle8t.
The Buchat) School and The Buchart Nursery. Castlctown, Isle of Man (ro8ethet"tht School.) by th¢ devclopmtnt of facilitie&
#nd 8upportin8 buts*yes for pupiJ5 who attend, or wish to •tt¢nd the School in parallel vlith the Isje of Man th8rxty. The Batxoviln
Foundabon.
The Charity Beek to promote An awareness of the need to SUPPOrt rhe %chool rLnd to complcmcni the work of the Alumni
Societies, p￿rt￿, Priends And %tknholdex8 ofthe SthoDI.
FINANCIAL RESULTS
Grosy income for the year is £57,610 (2024., £25,023) expenses £11252 P024,' £10.888), thring the yeir grnnr8 toralling
£52.828 wcre made to William'8 College (2024.. The net (outgoin811incomirtg resource5 of (£6,470) (2024.. £14,135)
havc bttn traftsferred to rcserve8.
Duritig year ended 31 August 2025, th¢ Foundarjort, the Govemors of Kin8 W￿l*￿'S Colic8¢ and The BuchAn.%chool, the Bishop
BArrow's Foundation and the School's Seftiot LeAders￿'P Tcam worked on 4 new dcvclopment strotegy to riisc ¥dditional hinds
For the School. The Rooted in Legacy. Built for the FuDJre Cpjnpaign was IAunched in IAte Sprin8 2025. T￿.8 scheme which offet8
donors the Chance to record Ihcir invtslvemenr afKI support ol the School by t￿Ying insctibed btick h?$ proved EM)pu]*r wirh
alumni and curteoi p*tertr8 alike. Thesc funds have initiAlly been utih$ed in the refurbi$hmcnt and upgradin8 06 f*ciiiue$ during
the rr/nsitLon of the King wi￿.1￿,$ College site to incorpoc2te the Buchan Nut8¢ry and The BuchAn Sch(x)l.
An gdijivon￿ apptsl by the PLinctFal io 8UPPOrt the fvnth'ng of HMC 8chol#rshipg &tts*eted, ￿rther donAtion$.
RESERVBS POUCY
Note 7 to the financi81 st*rements shows the 2JS¢t8 And iiAbi)iticJ xttributablt to the Resthctcd 9nd Ut)ce&tticted ￿ndS torg11ing
£84.82912024. £91,299).
Exp¢nditt]re by the ChAriry. in the form of gtAftts to Kaog W￿1&[n.1 Co]]e8e ts derivcd 4t>d detetmined from th¢ irtcomc given to
date. Therefore the Icvcl OF frtt t￿￿￿e$ L5 li￿y& adequote to meet cornznittnents.
STRUCTURE, GOVERNANCE AND MANAGEMETrir
The Directors of the CoEporAte TDJ5rec (The Barroviaft Foundation) determine tht genetsI policy of the Chariry and meet
regularly. reporritig to the King WiUism'$ College Fin*n¢¢ 3Jkd General PuTrose5 Committee (F&GP) or le8$r termiy. Ditector8 of
the Corpoixte Twytee are eithtt current ￿ former Governor8 of King Wthiam's College.
TRUSTEE
The B8rrovigA Fout)dation- Isk of Charity numbcr 1004 #nd COmp￿Y nllnber 114745C.
The constittltion allows fot up to 6 Trustees who Appointed from time to time by the metnber8.

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENfs FOR THE YEAR ENDED 31 AUGUST 2025
TRUSTEE'S REPORT- coniioued
TRUSTEE'S TRAINING
The Dtyecrors olthe Cowrate TLUSttt. The Bstrovian Foundation. are at$0 euttent ot fom]er GovernoTh of tbe School. All
Governocs #rt #sked to read Mdely and undertake appropfjatc training.
KEY MANAGEMENf PERSONNEL REMUNERATION
The Tn)%rce c(kAsiders the board of Directors of the CO￿Or4¢e.rrllstcc, the Ckn'ef OperAt%n8 Officer 2nd the Head of Externa]
RelauoAS ttt King w￿l￿m,$ College as Lomprising the key martagement pttsonnel of the Ch￿lty irt ch9Xgt of directing and
controUin8 thc ChaLIty And WAning and operAting the Clwrlry on a d2y to day ba$i8. All Dsreciors CIE the CoTrorAte Trustee gi￿ of
Iheir time freely And no dircctor rernuneration nor repayment of expcn&es w95 paid ift the Ye￿ P024.. £t)iil. The Chief Operating
()Eficer and Hr4d of ExtetnAI Relation5 ar¢ unployed by King William's College cortsidered to be key m2nagemertt personnel
of that entity. Therefore disdosure of their temuneration i5 tnade ￿ the financial $taternent8 of King wi￿.￿m,8 Colle￿.
Directors of the coooratc Tn]5ree Ate tequired to disclosc sll rdevant iAterest8 register them with the Cm'ef Operating Officer
and in accordance with the ChAtitJe8 policy withdTrw frotn deei8ions where * WAth"ct of Anterttt ari8e8.
REIATED PARTIES AND PAY POLICY FOR SENIOR STAFF
Thc Trustee and the Dtrtstocs oEthe Cotporate TnJ$ttt do not teceive remunerAtion ot benefits from their work with tht Chaciry.
Der9Jis of gny re]ated p¥ry tArtsactions Are di5clwd in Dot¢ 8 to the accounts.
PRINCIPAL OFFICE AND PROFESSIONAL ADVISORS
Re8iSteted offi£e- B2rr0Ity2A Foundguon UK CIC). The %tabies, Little Onn. Churth Eaton, Stdfford, ST20 OAU
From 23 Februory 2026 . The BarroviaA Foundauon UK CIO, 23 Ashd(Lle$, %t Albans, United Kin8dom ALI 2KI
Independent EX￿ninct-￿.rowe Isle of Man LLC, Victory A¢>use, PtO8pect House. Dougbs, 18le of Man
B8nker$- HSBC. 281 Chi8wi¢k High Rold, London W4 4HJ
Approved by the Truitee5 At * Tru$t¢e meeting held on
On behlfof the Tnjstee
Nigd Wo(
On behaiE of the Tntstcc
Stephen Biuinghurst

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE TrEAR ENDED 31 AUGUST 2025
TRusfEE'S RESPONSIBILITIES
The Trt￿tee is r¢ypt>rtsible for prewiog ￿u￿1 repott SAd financial st2tefflcnts in gccordance with appli￿ble JAW and
regu]8uons and UK Acci)untitig StAndth (United kngdom get￿Y accepted 3ccollnting practices .
The Ch8itties Acr 2011 The Charities IAccDunt5 and Reports) Regulations 2(M tequire the Tw$tee to ptep9tt fjxw
Sratements for ywwhich give a tnje %nd fair vlew of the 5tat¢ of affairs of the Chaitty 2nd of rhe incoming rc¥ource8 and
oppiicauon tsf the resol￿¢¢3 oEthe ChAriry. ittcluding its Ancome and ¢XP¢Dditure. In prep9xing thc$c fth4tteial staremcnrs the
Trn$tee is required to..
8elect suitable accourtting pcihcies and then apply them conuilterttiyp
obseEve rhe merhi)ds And principlcs in the Étvlic2ble Ch9XiUe5.%OPI)..
makc jud8ments And Accounuttg estimates thot ace prudent And reAYonab￿.
Stote whcthcr appIicèble accounting sr&ndard8 h4ve been Eollowed subJ'e¢t to Any materia] departur¢$ th$¢ must be
(hstlosed artd eXP￿.ned in the fmaniial 5t2rcmenlS:
prep4r¢ the firtanciAI StAr¢r￿entS on the going con¢¢rn basis unle85 It t¥ inappropriite to preJum¢ th¢ ChAriry will wntinue
in operation.
Thc Trustee 18 rttponiiblc for keepirjg pioper ￿oUnting records that ate suffictent to show gnd explain the Ch*ity's tranyactions
and di8clo¥e with rc23OnAble accuracy at *ny lime the finomoal poyition ofthe Chotity artd to enAble it to en5urc th8r the fiftanc
$t*tcmeAts comply with the Chatifies Act 2011. the Chatities (Accounts And Report81 ReS￿￿onS 2(K>8 and the prowsion$ of the
ChAriry'¥ c(>nstitUiion. It is a]so rcsponsible fot 8Afe8u¥xding the Asiem oEthe ChAtity and rgking reAsonabk Jt¢pi fot the
prevtntion and detccuon ocfraud and other lu¢￿]￿t￿lies.
Approved by th¢ Tmjsteu At i Txwrce meeting heid on
On b¢h￿f06 the Tnjatee
Ni￿] Wood
behglf of the Twstce
Stephen B￿1ng￿llrst

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMETrifs FOR THE YEAR ENDED JI AUGUST ￿25
INDEPENDENT EXAMtNER'S REPORT
Indcpelthttt examinee$ report io the chaftry t￿￿tee9 of The Barrovian Fourtdatioti UK CIO
J report to the ttwrces on my examination of the accout)ts of the Barroityan F¢)undAtion UK CIO C'th¢ Trusn for the yw ended
31 Au￿st 2025.
Re8ponBibi]ititt And basiB o(Teport
A5 the chAritls tnjstees of the foundauon, you Are ttsponsible for the prep%rAdOn of the Accouat3 iti 2ecotd*nce with the
requir¢thentÈ of the Charities Acr 201 I f'the Ace).
I report IA tespe£t oEmy examinauon of the foundguon'5 aCCOUrtrs carried out under section 145 of the 2011 Act and in carryitig
out my exarnirt4ti0n I haye fg]Lowed all the applieablt DArections ￿Ven by the Chariry CornnJis$ioft under 8ecuon 145{5)Ib) of the
Act.
Indtpettdeni ex*mxtite8 atatemwkt
I have completed my cxsmin2ti0rt. 1 confwm that nts mAteri￿ matters h&Ye come to my att¢ntion ift con1￿CtIon wlth the
examin#tion mc £Ause to Ixlicye th*r in any rnatcti￿ respeet..
(01 acwuntiti8 tecordj wer¢ not kept tn reswt of the foundauon ￿ rtguired by $ettion 130 of the Aci; ot
(b) the 2ccountJ do oot #ccotd with those tt¢otd8', or
(cl the account5 do not comply with th¢ #ppLieAble requircmcnrs concemin8 thc fom) and contcnr of a¢wunt8 set
out Art the Charirie$ (Accourtts find Reports) ReguJotion$ 2008 orher thAn Any rcguiremertt that the accounts sive
'w¢ attd fair view whj'ch is not A matter conJid¢ted A8 P9n of In independent examingtion.
I have no conc¢rn$ ind have com¢ •cr05s no otlier mgtteLS in connection with tht exanwnation to which $tt¢ntion ihouLd bc
drqwo in thL'$ reportitl order to enAble * proper understanding OE th¢ accounts ro be r¢*ched.
Deborah CIAVC FCA
Indepertdent Examiner
For And on behalf of
Crowe Isle of Man LLC
Choncrcd Account*ft
6th Fioot. Victory House
Prospect H
Doug1¥5, Isle olman
Date.,

THE BARROVIAN FOUNDATtON UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDBD 31 AUGUST 2025
STATEMENT OF FINANCIALAcftVlTIES FOR THE ITAR ENDED 31AUGUST 2025
UwtBtsicted
Fwidl
Reitiicted
FuDd•
Total Fund
2025
INCOME
Donotioos & L£gaae8
Donated Fees & suvice8
Interesr
io,orM)
10,853
2,463
23.316
34294
44,294
10,853
2.463
57,610
TOTAL INCOME
34294
EXPENDITURE
GyAnts'.
Kin8WLlliam'5 College
Oiher resourc¢5 ¢xpeAdcd..
Ftt5 &.%crvices
Admifti8trauon
15J75
37,453
52,828
10.853
10.853
399
399
TOTAL EXPENDITURE
26.228
37,852
G4,080
NET EXPENDITURE BEFORE TAX
TAX PAYABLE
(1912>
(3,558>
(6,470>
NET EXFENDITURB AND NET
MOVEMENT IN FUNDS AFfER TAX
RECONCILATION OF FUNDS:
TOTAL FUNDS- btougb¢ forntd
TOTAL FUNDS- cattied forwArd
2,¥J12
(3,55
6,47
5.375
2,463
65,924
82.366
91.299
84.829
The stAtem¢nt trf financial activities indudcs all yin$ *rtd108ses reco8nised iti the y￿.
All Amounts tdatc to coniiAuin8 opeLXUOD$.
The no¢c¥ ¢)n PA8es 8 (0 12 4c¢ an integThl p9rt OE these financi9J Jtsr¢tAeftt8.

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31AUGusf 2024
Unreltricitd
FuLd8
Re•tiicted
Totsl F￿￿¥
2024
Note
INCOME
Donationg & Le￿cleS
Donated Fee5 & $enTices
10.71S
10,715
10.447
3.861
25.023
10,447
Interc$t
TOTAL INCOME
3.861
14.576
10,447
EXPENDITURE
Gr¥ni$'.
King w￿l￿M,8 CoU¢ge
Other r¢8ource$ expended..
Fec5 & SerrieeB
10,447
10.447
441
Admiwstrauon
441
TOTAL EXPENDITIJRE
10,447
441
10.888
NET INCOME BEFORE TAX
14,135
14,135
TAX PAYABLE
NET INCOME AND NET
MOVEMENT IN FUNDS AvfER TAX
RECONCIIATION OF FUNDS:
14,135
14,155
TOTAL FUNDS- bxou8bt forw4
TOTAL FUNDS. ¢•ttied forwafd
5,37S
5,375
71,789
85.924
Tl.164
91,299
The Ji8tement of financial $ctiiryiie5 includes all 89inJ *rtd losses teco8Dised irt the yeAr.
All grnount8 relate ro conunuing opetsuon5.
The note$ otk page8 8 to 12 4r¢ #n integd p9rt of theye fth*ncig1 iNtements.

THE BARROVIAN FOUNDAT]ON UK CIO
FINANCLAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
4LANCE SHEET
AS AT 31 AUGUST 2025
Note
2025
24
CURRENT ASSETS:
Debtor
82,972
1,910
84,882
I,074
90286
91,360
Cash at bAt)k
LIABIUTtES
CREDITORS.. th)ounrs falling due withtn one ytst
NET CURRENT ASSETS
53
61
84.829
91299
TOTAL NET ASSETS
84,829
91.299
THE FUNDS OF THE CHARITY
UNRESTRICTED FUNDS
RESTRICTED FUNDS
TOTAL CHARITY FUNDS
1463
8136G
N4,829
5,375
85,924
91.299
Approvcd 2nd tuthorised fot issue by the Ttttstee on
on bxhalf of rhe Tnutr¢
Ni8d Wc>od
on behalf oEthe Trust¢c
,Stephen BJ]￿gh￿rst
The notes on pwg 8 to 12 att integral part of thesc Enancial 5tstements.

THE BARROVikN FOUNDATION UK CIO
FtNANCIAL STATEMENfs FOR THE YEAR ENDED 31 AUGUST 2025
NOTES TO THE FINANCIAL STATEMENTS
I ACCOUNTING POLICIES
The Chariry is Jncorpordftd in Englattd And is 4 Charitable Inco£potaied UrgAnis*tion. The Chariry is regjstered As a Chariry
number 1157260 its reg￿tered office is The.%rabl¢s. ￿ttIC Onft. Church Eaton, Stafford, EngJaAd, ST20 OAU. The ptincipal
office is Kjng WIll￿M.5 Colle8e, Castierown. 151e of Man IM9 ITP.
Thc Chariry is registered in the Isle of MAA as A Ch2tity Aumbt¢ 1332 and 25 a FortAgn Company ttumber 006376F.
The finan¢JAI statements cotnply with the Chiritie$ Act 20112nd the ChAririe$ Siaternent of Rtcomn7¢nded PrActice app]ic2ble to
hanties Prep￿ing their accounts in Accordance with the Financial Reporring StandArd Applicablt in the UK And Rcpubkne of
Ireland (FRS 102}. Chariric$ Re￿Strati0D and Regdotion Act 2019 artd the Charittes Regulationy 2020.
The principal accouAting pobcies adopted* judwnts #nd key sources of c$urngtii>n uncett¥iary in the prep9nuon of the 6nanciaL
staicments are as followy..
*) B￿16 of prep4r@tiOII
The financiol statement$ have bc¢n prep•red in accordance with Accowitirtg Reporung by Charirie8'. Sta¢ern¢ni of
Recommended Pracuc¢ appbcable to chaLiues preparing their acwunts in Accord8nce wAth Financiol Repotting Staodard applicable
in the UK #nd Republic of Ixeiand (FRS 102, 4eLuon l A- IChaYiuc$.4ORP (FRS 102)) snd the ChAfitie8 Art 2011, Ckniue8
Rcg$tration and Kegu]auon Act 2019 and the Charitie8 Re￿IltiOnS 2020.
The 6fL9ncial $t*rem¢nts Itt presented in pounds $terbng and routtded to the nc¥r¢$t pound.
The Charity's &]ncuonAi and prcsenNtiosv41 currency ij the pound 8terlin8 (O. There gxe no trAn$2Ction8 ift forcign cutreAcie5.
The Tnjstee considers Ih2t there are no mgterial uncertiinues obout the Chariry'e abiiiry ro eontinue %5 8 goArtg concem. Ther¢ ar¢
rto areas of %dju$imenl rtor key a%surnpuon8 thxt affect items in the account8 for the curttnt or th¢ next reporting peixod IhAr
4ffec( th¢ earrying vaiuc of a85ets held by thc Charity.
ng WLlliAm'8 Co]]ege hAs xgrccd ro provi¢k 6nancial 8uppon to the Batrovian Foundauon UK CIO in m¢¢ring its objecuvci fot
ai least 12 months from the dare of ¥pptovaJ of thesc fm¥nciAI statement$. AJ such rhe Tnurcc rottgidet8 thdt the Chsriry is A
80in8 Cortcem.
There firc no area8 in rhc prep¥yAUOn of the f￿AncIsI sraEemeniy wlu'rh tequlre m9na8cmcnt to make 8ipfic2nt judgments.
There are not consideted 10 Trx any key souree% of eyrirnation unceff92nry that have a si8tiifirmi iisk of causin8 11 mit¢a8J
gdIu$trt￿At to the c￿ry￿g *mounr5 olas$¢i8 and liabib'uty wIt￿.n the fityAnC￿ y¢aT.
bl Futtdi itructure
Untestrict¢d funds gre avadible to Spend on lctivxties th*t knther ¥ny of the pu￿o$c¥ of the chariry. De5J8nAttd funds are
nrestrtcted fvnds of thr ChAriry. decided at it8 diicLeuon ro 5Ct aside to use for * specific purpoye. Restricted fund8 are doDlUOrts
wlu'ch Ihc donor ha8 speci6cd Ire to be 801ely used for PArticulAr are95 of the Charirf$ wotk or for specific atti5tic projectB txin8
undertaken by the Ch£tity.
Furth¢r detsi]s of eArh fund ate di$c]osed in ttote 4.
(¢) Ittcome recoptiott
All income 1$ recognised when the Choriry hag £ntidement to th¢ ￿nds, any perfo￿aOrC con(h'tions attgched tts the item(8) OE
income have bten rnet, it 13 probsblc that the incomc bc received and the 8mount can be mv45ured rebably.
Donations, are re¢ogns5ed when the Ch¥iry hAS been noufied in wtitin8 ofboth th¢ amount xnd 8¢rd¢ment date. lft the cvent that
o don8uon is 5ubi.ect to conditions that requirc a l¢vel of pcrfomioftce before the chAriry IB entitkd 10 tht fvnd$, the income i&
deEerted ind not recognised cither those ¢otsthtions ar fully ttleo or rhe flllfthnent of those ronditi<>ns i& wholly wrythin the
control gf the Charity And it 15 probable thot those conditiotts wi]1 bE tulfjlled ift the £epoLtitig petiod.
For Icwies, entitlemcnt is token ￿ the eArLi¢t of the date on which either.. tht chArity As that ptobate ha5 been gronted, th¢
e8tate has becn fin2]i$ed and notif￿ll(>￿ has been made by the executorl51 to the Ch￿lty that a distribution tsill bc made, ot when
ds$ttibution is received from tbe estrAte. Rettipt of a legacy, in whole or in ￿r[. is only considertd probable when the amount can
be measured reliably and the Chartry has bcen notified of the executor's intenuon to make a (bstiibution. lTher¢ IcgJcies have been
notified to the Chanry. or the Chariry is aware of the granring of probate. ond the cntetia Eor income recognition hAYe nor been
met. then the Icgacy is a treated 28 a contirt￿nt x$set disclosed if mateti9J.
Where ebgiblcb ￿fI aid ts reclgift)ed from HMRC.
Intete8t on fi]Dds hdd on deposit 15 Anduded when receivable th¢ any)unt can be measured ￿liab￿ by the Choxiw, thi5 ts
Dorrnally upon notification of the ￿terest paid or payable by the bsnlL

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL sfATEMENfs FOR THE YEAR ENDED 31AUGUST ￿2$
NOTES TO THE FINANCIAL STATEMENTS- continued
dl Don*ttd fee8 and 8ervice8
I)on2red profe8510nal scrnpiccs and donaied foa]itie5 dre te¢0￿1$ed ay Incon￿ when the Ch¥yry has tontrol over the itetn, gny
Conditions 4ssocJated with the donated item h#ve betn mcr. the receipt of econornic benefit from the use by the Chariry of the
itern ts probable that cconotNc benefit can bc rncasured rcIiably.
On rtieipt. donated professional services and dosvAted faciliries recognised on the basis of the VA)ue of the gift to the Charity
which is the amount ihe Chariry would have been willing to poy to obtain $cmces or facilities of equildent ecoLM>mic benefit on
the open market; a cottesponding 4mouftt is then recwsed An ¢xpenditure in the pe£iod of recefpt.
c) Expenditure recorytit>n
liabLbties Are recobmised %8 expendywr 2S S￿A ai there 1$ a legal or con&tnJcuve obligAtion commirring the Cknity to thor
eX￿ndIn)re, it 18 probabk thar sett]ement will b¢ r4uired #nd the amount of the ob]LgAtion caA be measured re￿*bly.
All exPen(b'tt￿¢ is accounted Eor on 4rrwal$ buis,
Gr2ftr8 pay%bl¢ at¢ piymenis made to third P￿tte% in thc ￿rthe￿nce of the chotitabl¢ objects of the ch￿lty. Ift the cAse of an
unc(hn(h'tion21 graDT offcr rhis 1$ acctued oncc the recipient hA8 beeft notsfied of the grant *ward. Gr*rtt6 &W9tsds thAt are subj'ect to
rhe Xec￿lent fuifots'ng perform4n¢c Con¢￿[10n6 are on]y i¢¢￿ed when the recipient has been noufied of thc g¢4nt and any
rtmainirtg unfvlfjllcd corLdition 2￿Ching to thgr grant IJ outside of the control of the Chtity.
Prvvi$i0rt8 for 8ranty ace mtde when the tnrention ro mAke a 8rant ha8 been communi(at¢d to the recipient but there ts uncertainty
A8 to the unvn8 of the grAnt or the amount ofgrant wAyAble.
Q Itttcovet*ble VAT
Jrrecoverable VAT is chAr8ed agA￿at the expcnditute hegding Eor which itWA8 irtcurred.
8) Co$h at bank and itt
Cash at bAnk And cash in hand includes cash And short term h1￿Y ]iquid invt8ttnents with o short maturity of rnonrhs or kss
ftom the date 01gquisition or openin8 of th¢ deposit or similar *¢towit.
h) Debto
Debtot8 arc reco8Dised at the undiscouni¢d am¢MJnt receivoble net tsf #ny ptoviaion for Impim￿rtt.
i) C(¢ditot8 Aod provi8ionB
Crediton and prowBiOllS att rcco8nised whexe the Ch*Liry h¥ a present objigauon rciu]tiAg from A PA8t event th¥t will probably
result in the tr￿sfer of ￿ndS to % third p9rty and rhe ￿nou￿t due to 5¢trJc the obligation can be rn¢a¥ured oi e$tim*ted re]i4bly.
Cte(btors and proviyion3 are normally cec(wll8ed at their settletnent an￿￿( afrer 9JiowiAg for any tt*de th'5counrs due.
The Charity only h#3 finAnag1 Asset8 and finArtcid liabJtiU¢s of a kirtd that qU9Jify bayic finaftcial in$rnDiicnty. Bastc EfftaAeifi]
inytDJtnents ate initially reco8tllsed at transaction v¥lue #nd 8ubsequently me*suted At rheir setdcm¢nt vglue due to their shorr temi
nanJr¢.
2 TAXATION
The currcnt Actiwitie5 oEthe Ch￿lty ar¢ cxernpt from Income TgL There is not expected tti be atty cbAnge to the ch9ri￿$ tsx
status in the ￿ture.

THE BARROVIAN FOUNDATION UK CIO
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGU￿ X125
NOTES TO THE FINANCIAL STATEMENTS- continued
3 TRUSTEE IiEMUNERATION AND COST OF ￿Ey MANAGEMETrrr PERSONNEL
The kry man3ge￿ent peE50nnd of the Ch92ity comprise the Direttor8 06the Corporate Trnstee grtd 4]90 include the Chief
Oper2tiftg Offieer and Ftead of External Re]atsons of Kingwlliaxll's College, wh05e e￿ploY]￿eAt J$ wAth and temurteration is
settled by ￿"n￿WIl￿.affi.s College and &"$ck>sed wAthin the annual report of KingWilliom'$ College. The Trnstee received no
emolument$ ot orher benefits from th¢ Chariry ID the ycar (2024.. £niil, neithu was It teimbjrsed TNstee expeftseg during t.he year
12024.. £nW. Th¢ TnJ$te¢ did ttor recerwt PAyment fot profes3tonAI or other setvices suppbed to the ch￿lty (2024.. £nill.
4 ANALYSIS OF MOVEMEFrf OF FUNDS. CURRENT YBAR
Balatsce
Baiaoce
31 Au8 21)24
Income
Expendinllt
31 Au12025
RESTiucfED FUNDS
Attn￿￿ Fund
64.817
7,548
14,550
11.465
120
(1,6391
(12,71XI)
123,Sl3)
70,726
1.850
3265
2,390
2,163
1.21X)
772
Ruoted th Legacy CAmpAi8n
choloxshL'PS & Bursarie
Performin8 & VISU￿ Arts
Sctenc¢
15J13
2,270
2.043
1,080
401
120
Sport
Buchan Schnol
120
371
TOTAL RESTIUCTED FUNDS
85,924
34,294
82
66
UNRESTrICTED FUNDS
S,375
91,299
23J16
57,610
6,228
164.080
2,463
84,829
TOTAL
4 ANALYSIS OF MOVEMENT OF FUNDS- PRIOR IEAR
B4laDce
B￿￿¢¢
31 Aug 202J
Exptttditllt¢
31kng20
RESTRIcfED FUNDS
Annu9] Fund
53.907
12.448
2,150
1,923
11.351
2.865
120
1441)
64.817
15,313
2,270
2,043
1.080
401
,%¢holgxS￿'PS & BUrs￿LeS
Performing & Vi5ugJ Arts
Science
120
120
Buchon bchool
401
TOTAL RESTRtcfED FUNDS
71.789
14.576
441
85,924
UNRESTRICTED FUNDS
5,375
77,164
10,447
25,023
10,44
{10,888
5,375
91,299
TOTAL
io

THE BARROVIAN VOUNDATION UK CIO
FINANCIAL STATEMETrrrs FOR THE YEAR ENDED JI AUGUST JZS
NOTES TO THE FtNANCtAL STATEMENTS- continued
5 DEBTORS
2025
2024
King Wjlliam's College
King Willi9m'5 College
Donor
77,500
4,971
250
HMRC- ￿ft aid
Bank lrtterest
251
164
910
89,972
1,074
Dwing the year. a Ii)ats of £77.500 was made to King Wiikn>m'$ College on 12 Au8VSt 2025 to support developmeni works on the
K￿8 Wil]iam'$ Colle8C sirR whLle aWAiting receipt of confjrmcd futMYin8 fr(Im the Department for Entetprisc. This 8UPPOrt is in
accord￿¢t with the Foundauon Djles (clau8e 4bl. The loAn was subsequently re￿d t>n 12 Septembcr 2025.
6 CREDITORS
53
(611
(611
1531
7 ANALYSIS OF ASSETS AND LIABILITIES BETWEEN FUNDS
AS AT AUGU￿ 202S
UDreotsietcd
locome Fund• Rc•tii¢ted FundB
TotAI Fund•
CURRENT ASSETS:
Debror
553
82,419
82.972
1,910
84,882
Cash at bank
1.910
1463
82,419
LIABILITIES:
CREDITORS.. omounts falling due within one ye9
NET CURRENT ASSETS
(S31
82.361)
153)
84.829
2,463
TOTAL NET ASSETS
1463
82,366
84.829
ANALYSIS OF ASSETS AND UABILITIES BETWEEN FUNDS
AS AT AUGUST 2024
Unrestricted
locom¢ Fullds Restricted Futtd•
Tot41 Ftstsd*
CURRENT ASSErs..
Debtor
1.074
84,911
85.985
1.074
90,286
91,360
Cash at bank
5.375
5.375
LL4BILrriES..
CREDITORS: gmount3 falling due within tsne yekt
NET CURRENT Assm
161)
85.924
{611
91,299
5.375
TOTAL NET ASSETS
5.375
85.924
91,299

THE BARROVIAN FOUNDATION UK CIO
F￿ANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST %)25
NOTES TO THE FINANCIAL STATEMENfs- cootioued
8 REIATED PARTJES
King William's College andThe Bsrcovi2n FoundAtiorL UK CIO 9xe considcred to be rehted bodi¢y as this organisation been
estabhshed to r3isc fund$ for the School. The Tn]stee of the B￿rOVi￿n Foundaiion UK CIO is the FouAdatioft vAJich
has Director5 who att also mcmbers ¥nd Ditectors of FtingWJJli9m's Cojiege.
Balance
Tt¥tt**etion8
DR/(CR)
2025
DR/(CR) 2024
1nrer.cwny bAlance at I Sotember
Donated fce5 AfLd services
10,853
{10.8531
77.5(M)
4,971
(52.828)
52,828
10.447
110,44n
Fee8 And setvice¥
Plyment ro KWC. tAAn
Do￿tiOna VIA Thc
GrAnts a￿￿e￿ ro KWC
GxAnis p4id to KWC
Inier-company ￿Ance at 31 Aubxjsi
Dofiited fees and scryicca indude Indepcn(kni Fx*m1￿ts00 feel of £1,5￿ P024,, Indcp2ndent ExaminAuon fcc$ of £I,S001,
saknes of £6250 (2024: £6.241), promoting BArroTrn FollAd*tion rLcuvitie8 of U253 (2024: £1,956), and tu adMa￿'StraU0n
coJts of £85012024.. £75Q.
Amounts due Itollfrom King W/illiAm'¥ Coll¢ge iNil 1 £82,471. (2024.. £NIl/￿￿ Are r¢eotded in creth'ton And debtoti
Kespectsve]y. The ttlated pAtry 1$ untecured, intettst &ee fLnd repAyabie on d¢m4ttd.
82,471
12