THE WILL IIOUGHTON FOUNDATION
ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

THE WILL HOUGHTON FOUNDATION
LEGALAND ADMINISTRATIVE INFORMATION
5 LR
M AGilwM
C Wrrin
E£H￿8h
ChrltyNmb
1171199
flJ5Akort House
2F260 Oks Street
Ur*twJ
ECIV9rxi
5ethk Lorthn UrniTrd
256.26) Crfd Street
Unlted Kln•lThn
ECIV9DD

THE WILL HOUGHTON FOUNDATION
CONTENTS
Notesty ffinand4M•iements
6-10

THE WILL HOUGHTON FOUNDATION
TRusfEES' REpoffr
FOR THE YEAR ENDED 31 MARCH2024
The tfustees wlM> lllso dlrectors ofthE the frfthe 2(K￿. prESent Ihelr wlth the
nonr￿1 statements ol thechaiiryhrthe)*rerded 3114knh 2023. The vu%tts adupird tre pTh151on5 Lrf Attound
Rep￿￿￿8 by Charlves: St*£mtnt ol Re¢omff*rthd Prath •pplKJblE to thèTibes 5Keywknt ¢Mr ￿0￿nts In
x(ordartswththè Flrwtyl ￿P￿tI￿$￿Al4(dapP1j￿* *tr*UXand￿￿bEkOIr￿land IFR5 102k
The Vlill Ho¥hts>n FtyJndathn Y￿stre#ed In 2017 10 l* L¥4ler rtxhthelr FQtwOal thrtyJth sptyl
educaiion.
At the %try heart ol tre fwThlatbn Ls the **bh w b2zp WWS shlnk¥ albt ¥&t¢lle In5th a nEW ieneratkn of
PrhSllrben•Yt
Wrth RlererKt to thE rjuty In setllon 17151 (rf the Chartks kr zoii. the tr¥Jstees confinTr thot ts htye refe1￿d to the
Chadty CommWin's 8¥ldènce on benefft- IrKluthrvd Vubk L*nentr. th2 wbuc be￿ req￿￿e￿￿t IPBII. and 'Publlc
beneRtr. DJMlrq a charity IP821' _ when ihe c￿rIty¥ alms aNI object￿S a￿1 In ￿1￿01n6 Its current and firtufe
tiE& Th rLhle¥EfflEnts •rd ar￿ ID Ws w dRmo¢*t¢ats benth all$￿￿ Irern thE thbrity's
Slqnlftonto(tMtles Wa¢hIeVen￿
The endlnK March 2D24 was • bwy fof the Wdl W fi￿nd￿￿)[L We wrted ￿ fuTrJlw t￿ W￿1 Mjcknness
Trust (WMTI io part4urKI o swlmmire te•cPw to the 1ft￿t0 enoxA8e thlklfen In Portlarbj, Dtsnet. to IAtlk1 corrftdentÈ
throuih lÈamln8watersp
%%t wruRred *ithVIP*ff worw tfyAth OTC kn we￿ to prThWe cow¥e5ts> l¢ol PFkn•ryaTra setoThl•ry 9th￿1
puplts ¢ffj wpll premlum totyerrunethe fearoFt*4w aryl twlldc(rf
We mède Qur largest donatlon to dJiE V) BE¢0￿ ty Wp them w 5U9wi porwe •th4tsln8 them hous1
keal ￿￿31￿ merrt81
Towèfds the end ofthe yea4 we stsrttd suwytin8th2 Oth&bJsed tharity SOEFI whlth hel￿ eyotraed puplL% Ind wr
OF4e w¢th thrlr edurailon b¥lld •rnknblllV S￿1% 11rf 4tqr•htyJw.
U5bDn81 ththen •fvJ hfferrffjhlp pryamfft
Aft￿d￿
The FtrJnd•iioTh had an Incorre (4 £110.65412023: £963391. vrtth <osts of U21.122 P023: £66.1981 thkh Included Srnnts
pald Df £119.OfLII2023: £63.$701 Attheyr4rer*. Char￿ IWJ uniErtr5Lted restrve50f £lts).98212023: É111.450
Re5ervesA)ts£y
ft Isthe poScyoltl* Tr￿, thaturrnrkl￿ Iwx15whlth hfft for a 5pethcu5e5htyJld be malrt•
8 thlequfvèlentto bets%*en EPneand 5fA expEThllturt TPO TnJ5Tee¢ (w5iderthat resernes atthis la￿1 whll
erbsule thal In the Event of J 51yifK4nt dffjp kn fur* tl*y will bE abk 10 (ontlrA* tht chadr¢J cuTrerrt artI￿tt¢S wl
consideraiion15 Kfven ts w•y3 In w￿th Uld1t￿lI111Thl5 nyy be rdbed. lewl of rEser¥ts hJ5 been molrtalnEd thrwthThrt
Pl•nsf0rfu￿rt
*Jni peoplL

THE WILL HOUfjHTON FOUNDATION
TRUSFEES. REpoirr (coiinNUED)
FOR THE YEAR ENDED 31 MARCH2024
The Wlll Hou8hton L% £on4iDJtsd as a Char*ab* I￿r#por￿d IO• Its ttr<
The Tntsteeswkns•%*d dur]DBthey•rd yptots* datto1s*)*U￿ ofth2 fMwKl•l SUtEfflert5￿￿.
S L R HOu￿tOr
M R GQ>son
C M¥tirs
TF Fbu8hton
R W Houthron
The Twu5tEes' h*tte 6o¥dolTnth¢
R WHguKht

THE WILL HOUGHTON FOUNDATION
INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF THE WILL HOUGHT(W4 FOUNDATION
l ftport tr the Trustees on ry Ikwtlal 51?iTM￿ ofThe WM FtyJrdJtknn c￿￿41 tstt
arended 31 M•r¢h 2014,
As th thirity tN*ees ol the Tnut fr* m)r•rthi of •ro*MS kn a¢(otd•rKe wlth the
Inm￿s01thEthIrI1*$AQWu I'pdi
l re5Vtt vf rrty examlaatkni of tl*Tnot's •rctyJms rarrted out Secthn 145 of the Act and In urrylnu OLrt my
*Amlnptkffj I l#¥0 fdkmdall DlrEckn Iwthe Ow1ty Comm155kyJ vryler5e(fjon 14515Xblolthe*rt
I ha¥e £offlpfeltd nw ¢xJrn5noikn I c•ififffl thbt m•tv¢l mètt•r5 to my lft l￿nE¢￿0Th wlth the
mlMIIDn me uuse tu bdsththat kn arry matrrtal reSF*CL
act￿rt1P% reCordsWe￿ r*)tkept In t¢SFrfdthe ClwKyas tyse¢tsoN 130alU*awrtUe5p#201L
tho finBndal sMeff*nts do rKJtaccoIdwthtlK￿ Tecortk(
nnaficlal #atemeAts do rtcrAnply wllh op￿LIe requlrements concemlr* the lorm ard mrrtent of firtarKWI
rt•teI￿nts set the OwrftlES afNI Rep￿ts1 ￿6￿￿tIOr$ ?IX)B other than •rty ￿quIrement that thE
Ilnallda15taitfi*47tstrn a tyvear#Jtslr•**f*hkh b rnta mau•rrcwldErtd as p•rtotw ￿de￿de￿txom7n￿j0
I h•rt no cor￿1r& aryl com• no In wlth the e¥8mlr•th)n tt> wl*h attQftllon sh•uld
Inth15 rewtln ordEt tOemb￿ • wwuTrJerylJnthv¥ofd*fir0r(Wststem￿w be ￿a£l￿d.
Emrna Houihion FCUI
l)Ffke 605 ￿bert H
256. 260 Ohj StrEet
London
ECIV 90D
Unkted ￿0&d￿M
31 January 2025

THE WILL HOUGwfoN FOUNDATION
5fATEMENT OF FINANCIAL AcnvmES
INCLUDING INCOME AND EXPENDITURE AccouKr
FOR ThE YEAR EP4DED31 MARCH Z024
fvr#
fr￿d6
Inc•mefroN
n￿at￿n$a￿j
IFMStments
94832
107
L024
94939
ExpEndltun ort
ffalsln8lunds
Charltableacd¥llle5
567
65.631
i.ll2
66.198
110,4681
741
balaftts èt l Apfll 2023
ill.450
80.709
Fund b•l•rM •1 31 Marth2024
111.450
from cartlnulryKtlYthL

ThE WILL HOUGHTON FOUNDATION
BALANCE SHEET
ASAT31 MARCH2024
2Q23
Cashat bank aNI In haTrl
1482
112.950
li
111.450
Unrexrftted fvnds
111.4x1.
IIL45Q
kw Ikuthton

ThE WILL HOUGHTON FOUNDATION
NI)TES TOTHE FINANCIAL sfATEMEtITS
FOR THE YEAREhlDED31 MARCH 2024
Chrfiy Infvfflwu
J.L
ThE stat¢rneM5 01 *thkh 15 • btywfft or411y FAS loi hm Ixen prepared Sn
acconlonce wlth the Chatftle5 50RP IFIS 1021 'NutyJntknR a￿1 ReWtI￿ ty tharths: St•temont of Recornmended
Pra¢tke app1kab￿ to th¥kle5 p￿￿an0g thelr att(wnts 40 accordanre wRh thE Finanual Repcrtlng Stsnd¥d appllolAe
In the UK and Re￿J￿¢ ot IrelarKI IFRS 1021 leffectho l Jènuary 20191,. FIn•￿ts1 Rep￿tin& 102 The Flnandal
Nèporfry Stsndard •pr41cJLle h the UK arnl Republk ol It8#K(' tro Owths kl 20￿ The llr4rKknI %r3tEmrts
*a¥e been p￿pared urderthe li>torlcal ¢L*tDffttthi
The nmnthl ststerntrts we wepared In 51erll￿ whkh tynwofthe Ctwrty, Mw*trry Irs
Il*seflnarrkl are rLwrNSed iothe r￿￿1£
Ll torthn
At the Vme of aF•rrylry the ststements tl* lrnpad d tre e¢￿(￿* dlm•te, the
Trustees h)w a Ra5crfJbltopect•tb)n th￿￿ Chwity hasadequ•t¢ r¢sour¢es th thntlrtue kn operatlonal e¥lster<•lor
tl* foreseeable lUtu￿. Thtseftye. ￿ Tiuitoès cttntim￿ io adopt the Golr4 Concern basls of acctyJrtkn6 In preparlng
tt* 1ln•nd•lstat￿rnffj
Unrtstrlcted fujvjsao abwkbsèforwe dkn¥tkn ofthThNeo5 Infwtl￿￿￿tt￿trthor￿I￿ObJe¢lts*$.
Rt5tricted fvnd5 are SI￿jeCt ty spedttccrmdrtK>n5 by th)rn)r5 tyTrntor5 as to hrm t1￿ used. Th• wrpo¥s
esof the rt5tthted fund5 art setwt IAtl*
L4 IrKthTr*
IrKome Is teceenlsed when the Ch•rkty •nYded to 11 after orry performiFKe coTKlrthya Iw¥e been rnE¢ the
amwrrts can ￿ measurtd le1￿1& and Itls PTpb•blethJi be Ittevo
donadory unkss perfDrmarKt (onditthis YequtrE defefrnl of affiwnL tsx It￿•¢￿ble In relatlon t
doThodon% recek¥rd urthrGlfthJd ordeedsolwrtwntb ihe ofthedorotth.
LtxKies art wntsed or otherwoe ￿ thtt Charrty has been ol an Impend1￿ d1str1￿lIofi. thv
amount Is and TrceJptbExptcts& arnourt o nc* krown, *•cy btwE•tEd 45 •c¢ntlnpnt asseL
13 Ewndltu
Is pffjbhb￿ that o transfEroFe<toynt berents wll be wulr•d1rts¢ttternert anotr afflojrt of the obi*¥iDnran
measured reHa
EXpendIN￿ Is clJ551f)ed * act￿. The costs ofeoth a￿ rnade up ol totsl of djfett Costs atsa sha￿d wq5,
Includln¥ 5UPPQrt cort5 Irp*DW kn UrnIetu￿ ¥llthi. txrett £0sts attribJtab* io a SI￿¢ admty are all￿¥[¢d
dlrecth tu Ihat acdvliy. ￿a￿ed tttsts f*hkh cOnth>￿te to than one •rO 5¥pm £osts ￿kh awe r*>t
1ttrf￿tsbte w è ￿n81e￿(￿￿ty afe ap￿t￿ed beMtr*those •Etswt*s ona bas& ron51xertvAththe use olrestyrtes.
Centtsl #aff ¢ostsare allo￿ted on the Iwlsofdmt 5Ptni arrfl deprociatkn altoc•M( on the otthe

THE WILL HOUGHTON FOUNDATION
NOTES TO THE FINANQAL STATEMENTS (CONnNuED>
FOR THE YEAR ENDED 31 MARCH2024
L6 Int&￿Ible fknl a55etsOIP•thanyod*
Inlary￿E 055rts acquI￿d Separate￿Ir(￿n a 1x01r￿lIe tewbedatroAand aTeyJtsewrttymea5urod otCOSl *ss
fur
2024
fvnds
2023
DoNtlons and
95.482
*¥32
fvnd5
funds
2023
I￿24
107
fu¢xls
2024
funds
2023
FundTr151r6aNI publwty
otherfurxlrtlslr4u￿ts
567

THE WILL HOUGHTON FOUNDATION
NOTE5 TO THE HNANaALSTATEMENT5 (CONnNUED}
FOR THE YEAR EhlDED31 MARCH2024
ch1hab￿ Chrttable
pendlture oxpenditure
GArt lurdlr¥d a(thi1i￿tsee rvAe
itsx60
63.570
yJnthncylee5
Bonk cha￿e*
oeprecia￿Q
11.1021
563
562
121.122
64.ui
12L122
65.631
z4
GTrrts 10 Irffllwiicrf$14y)r451:
Wal Ma(h￿s$TrUSt
PertsmoLrth S¥ll TratnTryTnJ5t
Centwknl
50FEA
570
63.57D
Bankchrrs
Gtyefflan¢e custs
562
S61
L500
2.061
Ckarttsbleaperthre
1,061

THE WILL HOUGHTON FOUNDATION
NufES TO THE FItWICIAL STATEMEIITS (CONTINUED)
FOR THE YEARENDE031 MARCH 2024
yrinttheyear.
Ai l April 2023 Ind 31 M*ch 2024
At I ANd 2023 arKI 31 March 3014
8,400
A131 Marth 2024
31 Mjrth 2023
LSCQ
The ￿[￿t￿cted lurd5 Otth2tharttyEDmwisetr* urw>ernled balanctsdd0na￿aN and 8Tantswhlth are not sublert
to speclfft cOr￿[bOn$ ￿ donm aNl8rafflm asto ￿ thry May be used. Trse tr￿UdE de5kna*d furna5 whkh hm
t*tit dalde tyJioVun(ertrk-L￿ It￿1> by the iw>tee>lor JFerikpwpwp
At IWI 2023
At31M•
24
General fvnds
111.450
UO.6Y
112L1221
100382
RES￿1￿ At31 Ma
Generdllunds
ASO

THE WILL HOUGHTON FOUNDATION
NOTES TO THE FINANCI￿ STATEMENTS (CONTINUED)
FOR ThE YEAR ENDED 31 MARCH2024
Durlns the year, doThBtkys fA £2725812023: U%7331 rete44*d frrm Retrll Fa5hlort IlmiMI of vthlth E C
Hou£hMn ts a dIr￿OL Rkhard L% •tso aTNswe. donated £14(th112023.. ÉNII t>the Cha￿ty.
10.