Charlty numb•r. 1171136
THE WOOSNAM FOUNDATION
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Charterea l£countants & Wkster•& Audltor
40 c￿aCethurdl Street
EC3V wr

THE WOOSNAM FOUNDATION
CONTENTS
Réfèrén￿ and Admini•trati¥• D•tall• of thg ¢harlty. K• Trustaw and Advl89rn
Tru8toe8' R•port
Indapendont Examln•rfs Report
8tat•m•nt of Flnanclal AGtlvltl••
Bal4nc• 8h4•t
t4otM to th• Flnanclal Statsm•ntg
8-16

THE WOOSNAM FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEE3 AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2024
Trugt••8
M. S. Féldman, Tnjstee
l. Burman. Truataa
Charfty reglstor•d
number
1171136
Accountanis
RPG Crouch Chapman LLP
Chartered Accountants
40 Gracechurch Street
London
EC3V OBT
Bankorn
C. Hoare & Co.
37 Flaet street
London
EC4P 2AP
Sollcltorn
Layton8 Sollcltor8 LLP
Yamwlcke
119-121 Cannon Stro•t
London
EC4N SAT
InvHtm•nt advl•orn
Canaccord Genulty Waalth Management
91h Floor
88 Wood Street
London
EC2V 7QR

THE WOOSNAM FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENOED 31 DECEMBER 2024
The Trustees present their annual report togethér V￿th the unaudiled financial statements of the Charity for the
year ended 31 December 2024.
ObJeGtivas and actlvltlos
Pollcles and objoctlves
The charitys objectives are to further such exdusively ¢haritable purposes calculated to promot• the
advancement of research and education for public benefit.
In setting objective8 and planning for ath'vities, the Tru8tees have given due consideration to general guidance
published by the Charity Commission relating to public b8nefit, including the guidance 'Publlc benefft.. runnlng a
charity (P82)'.
b. Actlvltles undortaken to a¢hl•v• obJoctlvo•
The charity achieves Its objectives by making grants. Details of these can be found in note 7 to the accounts
which contains a list of projects supported.
c. Granl-maklng pollcl
Grant appllcalions are considered at trustee meeting$. As VKII 88 assessing the merits ol the applicants,
proposals and the congruence wth the charity's aims and pnoritses, appraisal Criteria indude.'-
The anticipated outcome of the project including public benefit
Financial viability
Value frjr money
Adequate provision ft>r ongoing costs and maintenanca.
d. Maln activltleg undertaken to furthor the Charlty'8 purpo808 for the publlc beneflt
The trustees hold a diverse investment portfollo whlch is managed by Canaccord Genuty Wealth Management.
Income and gains from the89 investanls is used to fund the charity's grant making activitiès.
Achlevoments and perfomiance
. Key p•rformance Indlcators
The charivs key performance indi¢atOf 13 lo maintain its level of net assgts. th• tru8tees accept that this wll not
be possible eaGh year due to fluGtuatsons in investment values.
b. Revlew of actlvltles
The charity received investment income totalling £89,306 durlng the year. Grants of £148,DOO were made as
detailed in note 7 to the financlal stalements.
G. Investment pollcy and pgrformance
During the year the portfolio realised nel gains of £193,319. The market value of the portFolio at the balance
sheet dale was £3,057,684.

THE WOOSNAM FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Financlal reviaw
. Going eoncem
After making appropriat8 enquiries, the Trustees have a reasonable expectstion that the Chanty has adequate
resources to continue in operational existence for the foreseeable future. For this rea50n, they continue lo odopt
the going concern basis in preparing the financial statements. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.
b. Reserves pollcy
Total reserves increa58d by £40,566 to £3.421,149.
It is the policy of the charity that reserves should be held at a level that allows the current level of grants awarded
to increase in line with inflation. To this end the trustees intend to increase the re5eNes of the charity each year,
howevef this is not always possible due to fiuctuations in investment values,
. Materlal Invo$tm•nts pollcy
The truste•s do not permit investments in companies engaged in manufacturing tcbaccD product8 or
armaments.
d. Prlnclpal rlsk• and uncortalntles
The chanty has no operalicnal risks. Ils risks are related lo investment $tralegy and it g¢Jards against those risk3
by delegating decisions to its investment managers. The trnstees are confident that they have a reasonable
diversification of investments as a result providing some protection against risk.
•. Flnanclal porformanco
During the year, the charlty had total income of 89.306 (2023.. £75,934) and total axpenditure of £242,05912023'.
£115.048), with net gains on investments and investment property amounting to £193.319 (2023.. £278,853
losse5).
At the year end. the charity held funds of £3.421,149 {2023.' £3.380,5831. All arnounts represent un￿81ncIed,
general funds, as the charfty has no re8tncted or de51gnated funds.
Structure, govornanco and managament
. Constitutlon
The Woosnam Foundatlon 18 a registered charlty, number 1171136, and is constrtuted under a Trust dèed.
b. M•thods of appolntmont or el?ctlon of Trustee¥
The management of the Charity is the re$ponsibility of the Trustees who are elected and Cfyopied under the
terms of the Tru51 deed.
c. Organisatlonal $tructuro and declslon4naklng poll¢los
The tru3tees meet several times each year. The primary area5 of discussion are grant maklng and investment
performance.

THE WOOSNAM FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
structure. govomanc• and management {continued>
d. Pollcl•s adopt9d for th• InduGtlon and tralnlng ol Tru8ta08
Th8 induction process for new trustees covers govamance, investment and grant making policies.
•. Relatad party r•latlon8hlps
Related paty relationships exist through Laytons LLP118urman) and Micfel Ass¢xiates Limited (M S Feldman}.
18urman and M S Feldman are trusle8s of the charlty.
Plan8 for futur• perlod8
The Irustees intend to launch a number of new grant-makin9 initiatives durlng the year.
Statom•rbt of Tru8t•o8' respon8lbllltle8
The Trustees are r83ponsible for preparing the Trustees, Report and the financial statements in accordance wilh
applicable law and Unrted Kingdom Accounts'ng Standards {Unitod Kingdom Generally Accgpled Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare finanoal statements for
each financial which give a true and fair vlew of the state of affairs of the Chanty and of ils incoming resources
and application of resources, Including its income and expenditure, for that period. In preparing these financial
Statements. the Trustees are required to.
selèct suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Chanties SORP {FRS 102);
make judgments and accounts'ng eslimales that are reasonable and prudent.,
slate whether applicable UK Accounting Standards (FRS 102) have been followed. subject to any material
departures disclosed and expfained in the finanaal statements..
prepare tho financial slatemenls on the golng concem basi8 unle88 It is inappropriate to presume that the
Charity will continue in businoss.
The Trustees are responsibla for keeping adequate accounting records that are sufficient to show and explain
the Charrtls transactions and disclose wth reasonable accufacy at any lime the financial position of the Charity
and enable them to ensure that the financral 51atemenls comply wlth the Charrtles Act 2011, the Chanty
(Accounts and Reports) Regulation$ 2008 and the provisions of the Trust ¢Jeed. They are also fesponsible for
Safeguarding the assets of the Charity and hence for taking reasonable step8 lor the prevention and detsction of
fraud and other irregulanties.
Approved by order of the mgmbgrs of the board of Trustees on 10 April 2025 and signed on their behatf by:
l Bumian

THE WOOSNAM FOUNDATION
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Indepgndent Examlnar's REport to the Truslees of The Woosnafft Foundition I'thÈ Charity.
I report to the chanty Trusteej on my examinakn'on of the account¥ of the Charity for the year ended 31
December 2024.
Responslbllltles and 8asls of Report
As the Tfustees of the Charity you are responsible for the preparatson of the accounts In accordance with the
requirements of the Charities Act 2011 I'the 2011 Act,).
I report in respect of my examination of Ihe Charity's accounts carrled aut under 9ection 145 of the 2011 Act and
in carrying OLrt my examination I have followed the applicable Directions given by the Chanty Commission under
section 14515}Ib) of the 2011 Act.
Indepandant Examlnetg Statsment
Your attention is drawn to the fa¢t that the Chanty has prepared the accounts in accordance wlth Accounllng and
Reporting by Charities. Staternent of Recommended Practice applicable to charlties preparing thelr accounts in
accordance wrth the Financial Reporting Standard applicable in the UK and Republi¢ ol Ireland (FRS 102) in
preference lo the Accounting and Reporting by Charits'es Stalemenl ol Recommended Practice i88ued on l April
2005 which 18 referred to in the extant regulations but has been withdrawn.
l understand that this has been done in order for the accounts to provide a true and fair view in accordance with
the Generally Accepted Accounting Practice effective for reports'ng penod5 beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connedyon with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respoct of the Cttanty as required by gection 130 Of Ihe 2011 Act, or
the accounts do not acccrd with those rgcords., or
the accounts do not comply with the applicable requirements Gonceming Ihg form and content of
accounts Set gut in the Charities {Accounl8 and Reports) Regulations 2008 other than any requirement
that the accounts give a 'tNe and fairf view vthiGh is not a matter Gonsidered as part of an independent
oxamination.
I have no ¢oncern8 and have come across no other matters in connedion with the examination to which
attention should be drawn in this report in order to enable a Proper understanding of the accounts lo be reached.
Thi5 report is made sc4ely to the Charitys Trustèes, as a body, in accordance with Part 4 of the Charitie5
(Account5 and Reports) Regulations 2008. My work has been undertaken $0 that I might state to the Chariiys
Trusteès those matters l am required to slat8 to them in an Independent Examiners Report and for no other
purpose. To the fullest extent permitted by18w, I do not accept or assume responsibility to anyone other than the
Charity and the Chariws Trustees as a body, for my work or for thi5 report.
Signed:
Dated.. 10 April 2025
Jeffrey Nettleton
FCA
RPG Crouch Chapman LLP
Chartered Accountants
40 Gracechurch Street
London
EC3V QBT

THE WOOSNAM FOUNDATION
STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrnstrlcted
funds
2024
Total
funds
2024
Total
fvnds
2023
Note
Incom• from:
Donations and legacle5
Inve8tm8nts
21
75,913
89,306
89.308
Total Ineoma
89,306
89.306
75,934
Expendlturo on:
Raising fund8
Chantable activits'e8.
Grants
Support cost6
37A70
37.470
36.502
148,000
66,689
148.000
66,589
28,500
50,046
Total expendltur•
242,069
242,059
115,048
Not expendltur• before net galn• on Invostmonl¥
Net gains on investments
1102,763)
193,319
(152,753)
193,319
{39, 114)
278,853
N•t movem•nt In lund•
40,566
40,666
239, 739
Reconclllatlon of funds:
Total funds brought forward
Net movement in funds
3,380.583
3.380,583
40,666
3, 140,844
239, T39
Total funds carrlod foTh¥ard
3,421.149
3,421.149
3,380,583
The Statement of Flnancial AGllvities includes all gain8 and loues recogniséd in the year.
The notes on pages 8 to 18 fonn part of these financial ststements.

THE WOOSNAM FOUNDATION
BALANCE SHEET
AS AT 31 DEGEMBER 2024
2024
2023
Note
Flxed assets
Investments
Investment propety
13
12
3.057.684
403.000
3.071.597
403,000
3,460,684
3,474,397
Curr•nt a•••t•
Cash at bank and in hand
$3,426
42,103
63,426
42, 103
Cr8ditors'. amounts falllng du• vhthin one
14
169,6281
(135,917)
Not currnnt Ilabllltl•g
{8,2021
(93,814)
Total a859t• les• currgnt Ilabllltlg8
Creditors., amounts falllng due after more
than one year
3.454,482
3,360.583
15
(33,333)
Not a•s•i• excluding ponglon as•et
3.421,149
3.380,583
Total net a•iot•
3,421,149
3,380,583
Charlty funds
Re6tricted fundo
Unre8trlcted fund8
3,421,149
3,380,583
Totsl fund•
3,421,149
3,380,583
The financlal statements werg approved and authorised for I￿U0 by the Tru8tg0$ on 10 April 2025 and signed
on thelr behalf by..
. Foldman
l. Burnian
The notes on pages 8 to 16 form part of these ffinancial statements.

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Gonar•l Inform•tlon
The Woosnam Foundation is a registered charity, number 1171136, and Is consllluled under a Trust
deed.
Accountlng pollclès
2.1 Basis of preparatlon of flnanclal Statements
The financial statements have been prepared in accordance wth the Charities SORP IFRS 102}
Accounting and Reporting by Charibes Statement of Recommended Practice applicable to charities
preparing their accounts in accordano wlh the Finanual Reporting Standard applicable in the UK
and Republic of Ireland IFRS 102) (effective 1 January 20191. the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and falr, vlew and have departed from
the Charities (Accounts and Rèports) Regulatsons 2008 only to ltte extent required to provide a 'lrue
and fair, view. This departure has involved following the Charities SORP (FRS 102) published in
October 2019 rather than the Accounting and Reporting by Charilies,. Statement of Recommended
Practice effective from 1 Aprll 2005 which has since been wlthdravm.
The Woosnam Foundation meets the definition of a public benefit entity und8r FRS 102. Assets and
liabilities are initially recognised al historical cost or transaction value unless otherwise slated in Ihe
relevant accounting policy.
The accounts have been prepared in Sterling and all amounts are rounded to the nearest £.
2.2 Golng concern
Based on their assessment of the twelve monlhs from the date on whlch the balance sheet W88
signed, the Trustees are of the opinion that the charity 18 e go￿n9 concern a¥ the charity holds
significant Gash reserves and the accounts h£ive therefore been prepared on the going concern
basis.
13 In¢om•
All income is recognised once the Charity has entitlement to the income, il is probable that the
Income will be received and the amount of income receivable can be measured reliably.
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligatiun to transfer 8conomlc benefft
lo a Ihird party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligalion Gan be measU￿d reliably. Expenditure Is classified by activity The costs
of each activity are made up of the total of direcl costs and shared costs. including sUPPOrt costs
involved in undertaking each activity. Direct costs attnbutable lo a single aclivity are allocated directly
to that actlvlty. Shared costs which contnbute to more Ihan one activity and support costs whith are
not attnbutable to 8 single activity are apportioned beiween those activitie5 on a basis consi51ent with
Ihe use of resources. Central staff costs are allocaled on the basis of time spenl. and depreciation
charge5 allocated on the portion ol Ihe asset's Use.
Expenditure on fai5ing funds includes all expenditure incurred by the Charity to raise funds for its
charitatle purposes and includes costs of all fvndraising activities events and non-charitable tiadin9.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Ch8rity3 objective?. aJ well 83 any a3sociated support cost5.

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollclgs Icontinuodl
2.4 Expondltur• (¢ontlnu¢d)
Grants payable are charged in the year when the offer is made exc8Pt in those case5 wher8 the offer
Is condrtional, such grants belng recognised as expenditure vthen the conditions attaching are
fulfilled. Grant$ offered subject to conditions whiGh have nol been met at the year and arg noled as a
commitment, but not accrued as expenditure.
All expenditure 18 indusive of irr8coverable VAT.
2.6 Intèrèst recelvable
Intarest on funds held on deposit Is Included when receivable and the amount can be measured
reliably by the Chanty.. this $8 nomally upon notifiGqtion of the interest paid or payable by the
Instituti¢￿ With whom the fund8 are dep08ited.
2.1 Invostments
Flxed 888et Inv88trnents arn a fomi of fln8ncial in8trum•nt and ar• ini￿allY recogn188d at th•ir
tran$aGtion GO8t and subsequentty meaBured at fair value at the Balance Sheet date, unless the value
cannot be measured reliably in vthich case it is measured at cost les6 impairment. Investmenl gains
and losse8. whether realised Of unrealisod. are combined and presented 88 'Gainsl(Losses> on
investments, in the Stai8ment of Financial Activiti89.
2.7 Cash at bank and In hand
Ca8fi at bank and in hand Includes cash and short-temi highly liquid investments with a 8hort maturity
of three month8 or less from th8 date of acquisiti￿ or openin9 of the deposit or similar ac¢ounl.
2.8 Llabllltlej and provlslon•
Llabilities are rocognlsed whon there 1$ an obllgatlon at the Balance Sheet date a$ a r•sult of a past
event, It is probable that a transfer of economlc ben•fit ￿11 ba requlred in settlement, and the amount
of Ihe Settlement be e$llmated rel￿bly.
LiabilitieB are recognised at the amount that the Gharlty anticipates it wll pay to settle Ihe debt or the
amount it has received a8 advanced payments for the good8 or sarvlces it must provide.
Provi8lon8 are rnea3ured at the best ests'mate of the amounts required to settle the obligation. Where
the effect of the tirne value of money is material, the provision is based on the present value of those
amounts, discounted at the prfrLqx discount rate that reflects the risks specific to Ihe liabilty. The
unwfjnding of the discount is recognised in the Statement of Financlal Actlvities ag a finance cost.
2.9 Flnanclal Instrumonts
The Chanty onty has financial a&3ets and financial liabilities of a kind that quallfy as ba51c financial
instrumants. Basic financial instruments ar? initially recognised at transaction value and subsequently
rneasured at their setdement value with the exception of bank loan¥ which are Subsequently
measured at amortised cost uslng the effectiv8 Interest method.
2.10 Fund accountlng
General funds are unrestricted funds which are available for use at tha discration of the Trustees in
furtherance of the general objectives of the Chenty and vthich have not been d83igneted for other
pufposeB.
Investment Incorne, gain8 and IDsses are allocated to the appropriate fund.

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2Q24
Accounting polici•s Icontlnu•d
2.11 Cash flow •xemptlon
The acGaunts da not contain a cash fk>w statement because the charity, as a small reporting entty. is
exempt from the requirement to produce such a ststement.
Crltlcal accountlng •stlmat•s and ar8a$ of Judgmgnt
Estlmates and judgments are conts'nually evaluaied and are based on historical experience arKI other
factors. including expectations of futuré evonts that are believed to b• reasonable under the
arcumstances.
cr1￿¢81 accounting 8sts'mates and assumption8.'
The Charity makes estlmates and auumptions conceming the lirture, The r•¥ulting acrnunting estimates
and assumptions wll, by definition, Seldom equal the related actual r96uIts. However, Ihe Trustees are of
the oplnlDn that thar8 are no e6tlmates and assumptlons that have a 8ignific8nt risk of causing a material
adluBtment to the carrying amounts of a88ets and liabilities withln the next financial year,
Income from donatlona andlogaclgs
Unr••trlct•d
funds
2024
Total
funds
2024
Unrestricled
lunds
2023
Total
runds
2023
Legacies
21
21
Inv•stment Income
Unrostrlcted
funds
2024
Total
fund$
2024
Inve8tment incoffle - IDcal inv88tment propertles
Income from local li8ted investments
Investment income - loeAI ￿8h
22,000
65,558
1,748
22.000
65,558
1,748
89,306
89,306

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Investment Income (contlnued)
Unrestricted
lunds
2023
Tot81
funds
2023
Investment Income- local Inve8tmont properties
Income from local Ilsted Investments
Investment income - local cash
19.500
55.122
1.291
19,500
55,122
1,291
75,913
75.913
Investment management cMt•
Unrnstrlct•d
funds
2024
Total
fund$
2024
Investment management fa88
37.470
37,470
Unrestridéd
funds
2023
Tol81
funds
2023
Inveslm•nt management f•es
30, 502
36,*X12
Anaty•ls of grant•
Grants to
Inslllutlons
2024
Total
funds
2024
Grants. The advancement of research and education
148,000
148,000
Grants to
Institutlons
2023
Total
funds
2023
Grants. The advancement ol research and education
28,5(Kl
28,500

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Anatysla of grnnts (continued
The Charity has made the followng material 9rants to in8tilution5 dunng the year..
2024
2023
Name of In•tltutlon
CST
Chai Cancer Care
Nordoff Robbins
University of Manchester
10,000
10,000
10,000
100,000
28,000
Total gr•niB £6.000 and abov•
4 grants of less than £5,00012023 - 4)
135,000
13,000
20.000
Grnnts awardod
148,000
28, 500
Analy816 of oxpendlturo on charftable actlvltles
Summary by fund type
Unr*gtrlctsd
fund8
2024
Total
2024
The advan￿ment of researGh and education
204,589
204,689
Unfftslncted
fvnds
2023
Total
2023
The advancement of research and educatlon
78,546
78,546
Analy¥ls of exp•ndlture by actlvltlo8
Grant
lundlng of
actlvltlgs
2024
Support
Costs
2024
Total
funds
2024
The advancement of research and education
148,000
56,589
204.589

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Anatysis of oxponditure by actlviti08 (contlnuad)
GTrnt
ftsnding ol
activit￿$
2023
Support
costs
2023
Total
runds
2023
The 8dvancem8nt of research and education
28, 500
50,046
78,546
Analy¥li of •upport costs
Total
funds
2024
Total
fvnds
2023
Accountancy fees
Legal and professlonal feos
Bank ch8rg88
10,660
45.659
370
10,560
39,096
390
66,689
50,046
10. Independgnt examlner'8 rnmunoratlon
2024
2023
Fees payable to the Charitys independent examiner for the Independent
oxamination of the Charfty8 annual accounts
10,660
10,560
11. Tru$tse$' r•munerallon and expens
During the year, no Tru8tses received any remuneration or other benefft5 (2023 - £NIL).
During the year ended 31 December 2024, no Trustee exp8nses have be8n incurred {2023- £NIU.

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
12. Investment property
Freehold
Investment
property
Valuatlo
At 1 January 2024
403,000
At 31 December 2024
403.000
The investment propety valuation was obtained from an online portal. The trustees dld not obialn a
valuation from an ind8p•ndenl ¥8luer 88 they were of the opinlon Ihat tne costs of d￿n9 so could not be
lustined.
13. Flxgd a88et Inv08tmontS
Ll8ted
Invo•tmants
Cost or valuallon
At 1 January 2024
Additlons
Disposa18
Revaluatsons
3,071,397
1,187,176
(1,417,561)
216,673
At 31 De￿mber 2024
3,067,684
Not book valuo
At 31 December 2024
3.067,684
At 31 December 2023
1071,397

THE WOOSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
14. Grgdltor8: Amount8 falllng due wlthln one yèar
2024
2023
Accruals and deferred Income
Grants accrued - institutsonal
25,295
34,333
19,917
116,000
69,628
135,917
16. Cr•dltors: Amount• falllng dua after mor• than on• y•ar
2024
2023
Grants accrued - instltutional
33,333
Flnanclal In•trurnonts
2024
2023
Flnanclal a•$•t¥
Financial a669t$ measured at lair value through income and expendlture
3,057,684
3,071,397
Flnancial assets measured at falr value through income and expenditure comprise the charlty$
Investment portfolio
17. 8ummary of fundg
Summary of fund• - Curront y•ar
Balance at
31
Galn•l D•cembor
(Losses)
2024
Balanc• at 1
January
2024
Income Expendlturo
General funds
3,380.583
94,133
1242,059)
188,492
3,421.149
Sutnmary of funds - prlor ygar
Balance at
31
DeLYmber
2023
Balance at
l January
2023
Gainyj
(Losses)
Income Expanditu
noral fvnd8
3,140,844
75,934
(115,048)
278,853
3,380.583

THE WOQSNAM FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Relatod party trnn8actions
Fees of £24,224 (2023 £20.798) were paid to Laytons LLP for work done by Mr. l. Buman, F888 of
£20.235 {2023 £18,300) were paid to Micfel Associates Limited for work done by Mr. M. S. Feldman.