REGISTERED CHARITY NUMBER: 1176520
RT
FTHET
STE
AND
UNAUDITED FINA14CIAL STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
ARD'S CHARITY
Chartered Accountants
Unit I, Cambridge How%e
Catnboro Busine55 PaTk
Oakington Road, Ginon
CAMBRIDGE
cam￿7dgeShIr¢
CB3 OQH

HAR[
OR
HURCH LANDS
CONfENTS OF THE FINAN
IAL STATEMEf4TS
E YEAR ENDED 31 DECEMBER 2024
P•g¢
R¢port of the Tru5tee5
I to 2
Indeptndent Ex8miner's Report
StAtement of FiDaDtial Attivltles
Bg18Dte Sheet
Note5 to tbe Fln*nelal St*temeuts
6 to 10
Detslled Ststsment of FiDAntial Activities

WARD'S CHARITY OR CHURCH
REPORT OF THE TRUSTEES
R THE
R ENDED 31 DECEMBER 2024
The tn]stees preseni iheir report with the fiT￿]e]a1 statements of the charity for the year ended 31 December 2024. The
trustees have adopted the provisions of Accounting and Reporting by Charities.- Statement of Recommended Practice
opplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland {FRS 1021 leffe¢tive l January 2019).
Ward's Charity w&s founded in ihe 16th cen￿ry with a bffjuest of agricultural land from the esta¢e of Mr Joiin Ward.
The Charity's original putPOS¢ wa4 to support the upkeep of St Mary's Church Sawston and the road to Patnpisford.
Today, the chority's purpose is to prowde funth.ng forthe general Pu￿)se$ of the Church.
Over the severdl hundra years of the Charity's ex1￿cn¢t years, most of the Charity's land holdings have been sold off
and the pr￿CedS and related income applied to rn￿nt￿n the fabric of the Church, leaNing around 8.5 acres in two blocks
south of Babraham Road. The renta] income from this was atound £600 per year- a very modest amount relative 10 the
costs of maintaining the Chureh. This land was sold in September 2022. with the proceeds of tht sale, greatly iner&gsing
Ward's Ch￿ity's ability to pursue it5 pu]pose of supporting Si Mary's Church. wh]'ch play5 a unique and iTnportant Tole in
the centre of our comrnunity.
oR1E￿IVEs AND AcfiviTIES
Objectives 8Dd aims
The aim of ihe CIO is to prowde fvnding to ￿ applied to general purposes of the Church of St Mary the Virbyn,
Sawston, Cambridgeshire. The CIO is committed io m&ximising the revenlle avoilable for its stated obj¢¢tives.
Publ1¢ beneflt
The trustees have cornplied with their duty in the 2011 Charities Act to have due regard to guidance published by the
Charity Commission.
ACHIEVEMENTS AND PERFORMANCE
Charitabl¢ adi￿tIeS
With the completion of the land salt and the r￿elpt of the final payment, the c1￿]ty has been able to provide
SUb￿a￿lia1 grnnis to St Mary's Church for the upkeep of the fabric and other pU￿•stS. The Charity bas fom)alised the
way in which grants will be sought by the PCC of St Mary's and the mean5 by which the trustees will approve them.
FINLNCIAL REVIEW
Financi81 position
The CIO income derived fJDm rent from a loca] faTTher and investment income from Cantab Investments (now
Canaccord Wealth). The CIO also received the fjnal payment for land at Babraham Road, Sawston sold to Redrow.
Reserves policy
The Charity's Teserves are Tnaintained in order to allow investment income to be generated to be applied towanls the
Charity's obje¢tives. Total JYs¢Nes as ai 31 December 2024 sicA)d ai £8,199,328.
STRUCTURE GOVER]¥ANCE Af4D WAGEMENT
Governing document
The charity is govemtsj by its Constitution as a CIO dTawn up in 2018.
RecruitslleDt and appointrneDt of new trustee5
New iruste<% are appointed by the existing trustets as necessary. The viw and chur¢hwardens of St Mary the Virgin,
Sawston are ex officio trustees.
Decision m8kin8
All de¢ision5 are made in meetings attended by all the trusitts available.
Risk m*nagtment
The tnjstees have a duty to identify and revÉew the risks to which the charity is ex￿Sed and to ensure appropriate
controls aTe ITL place to prowd¢ Teasonable as5u]3nce against fAud and eTfoT. The major ￿Sk$ to which the charity is
ex]x)sed have been identified by the inJst¢e% and ffviewed.
Page I

WARD'S CHARITY OR CHURCH LANDS
REPORT OF THE TRUSTEES
R THE YEAR ENDED 31 DECEMBER 2024
REFERENCE AND ADMINISTRATIVE DETAIIS
Regi$tered Cbirity llumber
1176520
Prln¢lpal address
The New Vicardge
Church tane
Saw5ton
CAMBRII)GE
Cambridgeshire
CB22 3JR
Trustees
R Mansfield Chair
R G ￿'¢h￿ond
M% M C M Di¢ken
J D CTOmPton
Ms M Watson (resign&J 251412024)
Rev K J Waite
Dr C F Roughley
S Aplin (appointed 8151202S)
Independent ExamiD¢r
Matthew PettifeT FCA
Staffords
Chartered Accountants
Unit l. Cambridge House
Camboro Bubinebs PaTk
Othngton Roa(L Ginon
CAMBRIDGE
Cambridgeshire
CB3 OQH
2411012025
App]tsved by order of the board oftNstee5 on............................................. and signed on its behalf by..
J D Crompton- Truste
Page 2

INDEPENDENT EXAMINER.
WARD'S CHARrrY OR CHURCH LAND
TO
HE TRUSTEE
Independent ex4tn5Der'$ report to the trnstee5 of Wxrd's Charlty or Church Land$
I report to the charity trustees on My examination of the accounts of Ward's Charity or Church tands (the Tn￿) for the
year ended 31 December 2024.
Rrtpon$ibilitie5 and bAsi5 of report
As th¢ charity Trus￿eS of the Trusi you are Tesponsible for the preparaiion of the accounts in accordance with the
reqU1￿mentS of the ChaTitie5 Act 2011 Vthe Act,).
I rtport in respect of my examination of the Ttust's accounts ¢ani¢d out under Section 145 of the Aci attd in carrying out
my examination I have followed all applicable Directions wven by the ChaE]"ty Commission under s￿li0n 145{5Kb} of
the Act.
Independent exominer'$ statement
I have completed ]ny examination. I confjrni that no material matter5 have come to rny attention in eonnection with the
examinaiion giving me cause to believe that in any materia] respect:
ounting rttords were not kept in respect of the Trust as requiied by Section 130 of the Act. or
the accounts do noi acc4)rd with those re¢ords- or
the a¢¢ounts do not comply with the applicable requi]Ements ¢on¢eming the form and content of accounts ￿ out
in the Charities {A¢counts and Reports) Regulations 2008 oiher ihan any requirement that the ￿cOUntS giv¢ a
tDJe and fair view which is not a matter considered as part of an independent exam1T￿tiOn.
I have no concerns and have come across no other m8tters in cotjnection with the examination to which attention thould
drawn in ihis Jwrt in order io enable a proper undeNanding of the accounts to be reached.
Motthew Pettifer FCA
The Institute of Chartered Accountants in En￿d and Wales
StaffoTds
Chaner&l A¢¢ountanls
Unit I, C2mbridge House
Camboro Bwsin¢ss Park
Oakington Road, Girton
CAMBRIDGE
CaTnbridgethre
CB3 OQH
Date:...........
Page 3

WARD'S CHARITY OR CHURCH LANDS
STATEMENT OF FINANCIAL ArfivITIES
FOR THE YEAR ENDED 31 DECEMBER 20
2024
Unresthcted
fund
2023
Total
funds
Notes
INCOME AND ENtK)WMENTS FROM
Investment income
179,(K>2
54,361
EXPENDJTURE ON
Charitable acti￿tIeS
Sawston Parish Church
81,568
108,033
N¢t gains on investments
4,638
NET INCOMEI{EXPENDITURE)
(hher re¢ogni$ed yinsl{10$ses)
G8ins on revaluation of fixed &￿ts
97,434
{49,034)
291.034
270.408
Net mov¢m¢Dt In
388.468
221.374
RECONCILIATIof4 OF FUNDS
Total ftmits brought forward
7.811,060
7,589,686
TOTAL FUNDS CARRIED FORWARD
8,199,528
7,811,060
The notes fonn part of these financial staiemenis
Page 4

'S CHARITY OR CH
LANCE SHEET
31DE
EMBE
2024
U]]restricted
fund
2023
Total
Note5
FIXED ASSETS
Jnve5t]nent5
7,935,446
5,294,450
CURRENT ASSETS
Debtors
Cash at bank
2.392,563
125.246
265.342
265.342
2,517.809
CREDITORS
Amounts falling due within ODe y
11,260)
(1,199}
NET CVRRENf ASSETS
264,082
2,516,610
TOTAL ASSETS LESS CURRENT
LIABILITIES
8.199.528
7.811,060
IYET ASSETS
8.199.528
7,811.060
FUNDS
Unrestricted ￿ndS
10
8,199,528
7,811,060
TOTAL FUNDS
8,199,528
7,811,060
The fInancial statements were zpproved by the Board of Trustees and auth0ri5ed for issue
2411012025
. and were signed on it5 behalf by=
on
J D Crompton- Twstee
The notes forni pan of these financial statements
Page 5

NOTES TO THE FINAP4CIAL STATEMETrirs
FOR THE YEAR ENDED
I DECEMBER 20_24
ACCOUNfiNG POLICIES
Basis of preparing the financial 5tatemettts
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepartd in
accordance with the Charit2e5 SORP {FRS 102) 'Accountin8 and Reporting by Charities.. Siaiement of
Recommended Pracrice applicable to clkrities PTeparing their accounts in attordantt with the Finathcial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective l January 2019),,
Financia] Reporting Standard 102 The Financial Reporting Standard appli¢able in the UK and Republic of
Ireland. and the Charitie5 Act 2011. The flnancial statements have been prepared under the histori¢al cosl
convention, with the exception of investments which are included at market va]ue. as rnodified by the revaluation
of certain assets.
Income
All income is rttognised in the Statement Of Financial A¢tiwties once the Charity h&s entitlement to the fund5. it
is probable that the income will be re¢eived and ihe amount Can be measwed reliably.
Expendltsr¢
Liabilities are recogn￿sed &s expenditure &s soon as there is a legal or constnJctiv¢ obligwion Committing the
chariry to that expenditure, li is probable that a transfer of economic benefits will be reouited in settlement and
the atnount of the obligation can be M￿Ured reliably. Expendi￿re is accounted for on an basis and has
been cl&ssified under headings that a￿gate a]1 cosi related 10 the category. WheTe cosls canntst be directly
attributed to particular headings they have been ailocaled to activities on a basis consist¢nt wilh the use of
resourtts.
Grants olTered sub3eu to conditions which have not been met at the year end date are noted a5 a cotnmitment but
not ac¢Tued as expenditure.
T8X8tion
The charity is exempt from on its charitable activities.
Fund atcounting
Ut)restri¢¢ed funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds Can only be used for particular restriaed purwses within the objects of the Charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purpose5.
Furthw explanation of the nature and PUTpose of each fund is included in the notes to the financial statements.
Fixed a55et investments
Fixed asset invesimettLs comprise listed investmcnt& and these are slated at theLT TnaTk¢t va]ue a5 at the period
end date.
INVESTMENf IP4COME
2024
2023
Rents rtteived
Diwdends received
Deposii a¢¢ount inierest
146
173,024
5.832
146
36,26
17.954
179,002
54.361
Page 6
continud...

RCH LANDS
NOTES TO THE FINAN
IAL STATEMENTS-
FOR THE YEAR ENDED 31 DECEMBER 2
GRANTS PAYABLE
2024
2023
Saw5ton Parish Church
55,199
96,592
Grants tt> institutions comprises grants of £55.1119 12023..£96,592) paid to the Parochial Church Council of the
Chureh of Si Mary the Sawston.
TRUSTEES, REMUNERATION AND BENEFITS
There weTe no tTUStees' remuneration or other benefits for the year ended 31 DeCem￿r 2024 nor for the year
ended 31 Dec¢mber 2023.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended
31 December 2023.
STAFF COSTS
The chariiy has no employee& and therefore no staff costs were incurred during the penod.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Uorestricted
fund
INCOME AND ENDOWMENfs FROM
Investment income
54,361
EXPENDITURE ON
ChArlt*ble #¢t1￿tIeS
Saw5ton Parish Church
108.033
Net gains on investments
4.638
NET INCOMEI{EXPEP4DITURE)
Other recogDi5ed gaitt51{losse$)
Gains on rev￿JaIl￿n of fixed assets
(49,034)
270,408
Net tnovement in
221,374
RECONCILIATIOT4 OF FUNDS
Ttsial funds brollght forward
7,589,686
TOTAL FUTr4DS CARRIED FORWARD
7,811,060
Page 7
continued...

WARD'S
HARITY
H LAND
NOTES TO THE FIN￿NcIAL STATEMENTS- ¢ondMu
FOR THE YEAR ENDED 31 DECEMBER 2024
FIXED ASSET INVESTMEf4TS
Listed
investments
MARKET VALUE
At l January 2024
Additions
R¢vo]llaiions
5294,450
2,349,962
291,034
At 31 December 2024
7,935,446
NET BOOK VALUE
At 31 December 2024
7,935,446
At 31 December 2023
5,294,450
There were no investment &S5&5 Outside the U
Cost OT valuation at 31 DecembeT 2024 is represented by..
Li*ed
investments
Valuation in 2024
7,935,446
If fixed asset investments had not be£n revalued they would have been ineluded at the followin8 historical cost..
2024
2023
Cost
7.374,(M)3
5,024.043
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
2,392,563
Page 8
continued...

WARD'S CHAIUTY OR CHUR
NOTKS TO THE FINANCIAL STATEMENTS-
R THE
AR Ef4DED JI DECEMBER 2024
DtiDued
CREDITORS: AMOUIYTS FALLING DUE WTHIN ONE ITAR
2024
2023
Othercreditors
1.260
Jo.
MOVEMENT IN FUNDS
movement
in funds
At
31112124
At 111124
Uw¢str5cted fvnds
General fimd
7,811,060
388,468
8,199,528
TOTAL FUNDS
7.811,060
388,468
8,199,528
Net moveanent in thnds included sn the above are as follows..
Incoming
resources
ResoU￿e$
expended
Gains and
losses
Movement
in fund5
Unresttrl¢ted fu￿d$
General fund
179.(K)2
(81,568)
291,034
388.468
TOTAL FUNDS
179,002
181.568)
291,034
388,468
Comp8r8tive5 for movement fund5
Net
mov¢meDt
in fi￿d&
At
31112123
At 111123
unreStrtrt￿ funds
General fund
7.589.686
221,374
7,811,(K)O
TOTAL FUNDS
7,589,686
221,374
7,811,(
Comparative net movement in ￿nds, included in the above are &$ follows..
IncoTning
resources
Re50urce5
expended
Gains and
losses
Movement
in funds
Unrestricted funds
Generdl fvnd
54J61
{108,033)
275.046
221,374
TOTAL FUNDS
54,361
{108.033)
275.046
221,374
Page 9
continued...

CHARJTY OR CHURCH LANDS
NOTES TO THE FINANCIAL
TATEMENTS- continued
THE YEAR ENDED JI DECEMBE
o.
MOVEMEP4T IN FUNDS- cotstinued
A current ye4r 12 months and prioryear 12 tnonths combined p05ilion 15 as follows-.
Net
]novement
in funds
At
31112124
At IllQ3
Unresirieted funds
Generdl ￿nd
7.589,686
609,842
8,199,528
TOTAL FUNDS
7.589.686
609.842
8,199,528
A cutrent year 12 month5 and prior year 12 months combined net movemen¢ in funds included in the above are
as ftkllows..
Incoming
resources
Resourt
expended
Gains and
losses
Movement
in funds
Unrestri¢ted fullds
General fund
233,363
1189,6011
566,080
609,842
TOTAL FUNDS
233,363
1189.601)
566,080
609.842
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 De¢ember 2024.
12.
INDEPENDENT EXAMINER'S REMUNERATIOT4
The independent examiner received total remunerntion of £1,050 plus VA T {2023.. £1.000 plus VAT).
Page 10

'S CHARITY OR CHURCH LANDS
ETAILED
TATEMEf4T OF FINANCJAL AC
FOR THE YEAR ENDED 31 DECEMI BER 2024
Tl
2024
2023
INCOME AND ENi)OWMENTS
InYestmeDt iDcome
Rents rtteived
Di￿dendS T￿e1ve￿
Deposit account iniere
146
36,261
17,954
173.024
5,832
179,002
54,361
Total ineoming resources
179,002
54,361
XPENDITURE
Ch#ritxble aCti￿tieS
Grants to institutions
55,199
96.592
Support ¢o$ts
F5nonce
Invcstment management costs
Bank charges
24,412
61
10.166
75
24,473
10241
Govern8nce costs
Accountawy
L£gal fees
1,656
240
1,200
1.896
1,200
Total r￿UrCeS expended
81.568
108,033
Net iDeomel(expenditure) before gains and
105se5
97,434
{53,6721
ReAli5ed recogD15ed gains and 1055es
Realised gain¢llo&se%) on fixed asset investmenis
4.638
Net lucomel(exptnditUTe)
97,434
149,0341
This page does not fom part of the statutory financial statements
Pagell