Regi5trdtion number. 1184534 Wonersh Village Foundation CIO Annuat Report and Financial Statements for the Year Ended 31st August 2025
Independent EIaminer's Report to the Trustees of Wonersh Village Foundation CIO (Charity Number 1184534) on the accounts for the year ended 31st August 2025 set out on pages 2 to 8 Respeetive responsibilities of trllste and examiner Thc charity's trustecs arc resnsIble for thc preparation of th¢ accounts. The charity's trustees constder that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to.. examinc the accounts under section 145 of the Charities ACL to follow the pro¢¢dures laid down in the general Directions given by the Charity Commission (under scction 145(5Xb) of the Charities Act. and lo state whether particular matters have come to my attention. Basls of independent ex*miJJer's statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the chartty and a coJ]]paTiSOJ) of the accowits presented with those records. It also includes consideration of any unusual items or disclosures in the accowits, and seeking explanation5 from the InreeS concerning any such m&tters. The procedures undertaken do not provid¢ all the evidenc¢ that would be Tequired in an audiL and consequently no opinion Ès given as to whether the accounts present a'true and fair, view and the report 15 limited to those matters set out in the statement below. Independent eiaminer's statement In connection with my examinatiotL no matters have come to Tny attention which gives me cause to believe that in, any material respect: the accounting records weff not kept in accordance with section 130 of the Charities Act. or the accounts did not accord with the accounting re¢ords' or th¢ accounts did not comply with the applicable rquiremellts concernin8 the fomi and content of accounts set oul in the Charities (Accounts and Rwrts) Regulations 2008 and the CRwities SORP (FRS102) other than any requirement that the accounts give a 'true and fair. view which 18 not a matter onsidered as part of an independent examination. I have come across no other matters in connection with the examination to which attention should be drawn in t s report in order to enable a proper understanding of the accounts to be r¢ache Paul Enticknap Ocklcigb, Wonersh Commo Woncrsh, Guildfor Surrey GU5 OPH. /JL December 2025 Page I
Wonersh Village Foundation CIO Trusteu, Report for the Ye¥dr Ended 31st August 2025 The Trustees present their rep)rt and the financial statements for the year ended 31st August 2025. Referellee And Administrgdve DetAIls Registered Charity Charlty Regls¢ration number Princlpal Address TrUee$ of the Charlty Dr S Worthington Ms C J Howard Wolkersh Villw Foundation CIO 1184534 Sparkes Place, Woncr5h. Surrey GU5 OPH Mr G J Healy Mr R Taylor Mr G K Gatley The Trnstees are subject to reappointtnent at thc AGM. Rtsk Manageent The TnLSte¢s acknowled8¢ their reswbility to mitigate th¢ major risks to which th¢ Charity is exposed. These risks are consid¢T¢d regularly ai th¢ TTUStee meeting5, hcld at Icast tivice & p¢riod, and as far a5 possible appropriate mitigating action is taken. Objectlves and ActiTritles The main objective of the Charity is lo make charitable grants for the general benefit of the inh2bitants of the civil partsh of Won¢rsh. Surrey. and such other inhabilants of the adjoining civil parishes as the Trust¢¢s shall think fit. These grants are funded prinwily from rental profits from the Shop. the Shop Flat and the adjoining Gallery as well as donatiotts from the local populatio The Trustees are aware of the Public Benefit provisions of the Charities Act, #nd of the guidan¢¢ on them published by the Charity Commission. They arc satisfied that the objects and activities of the Charity ar¢ within the defjnition of Charitablc Pur¢5. as sei down by the ACL The TnJstee5 are not aware of any public detriment Ca by the Charity's obj¢cts or activitie5. structu Governance and Maa*gement The Charity has a forn1 Constituiton docum1 and is structtwcd as a C])aritable ID¢orpordled Organisation (CIO). lis only voting membets a its trustees. There must be at least three tntee5, but no mor¢ thall six. Every appointment must be by a r¢solution psS at a properly cotLven¢d mceting of the tnte¢s. Jn selecting individuals for appointmen4 th¢ tThstees must have re to the skilll knowledge and experience needed for the effective administration of the CIO. Achievements and PerfomaDee The Charity has CO]Trtinued to supw)rt a number of initiative8 including two ellvironmental groups as well as infrastructure repairs to community Assets. includin8 the 20 acres of land at Barnett Hill pUrCh¢d by Wonersh Parish Coull¢il for th¢ benefit of the community in perpetutty. Page 2
Wonersh Village Foundation CIO Trustees, Report for the Year Ended 31st August 2025 continued Flnanel*l Review ai 31si August 2025. the level of income fimds available was £72.776. of which £67,390 is unrestricted. and the balance of £5.386 r¢stsi¢ted. This will be used, together with future income, to support the Chariry's objectives. Approved by the Board on December 2025 and signed on its behalf by: Trustee Page 3
Wonersh Village FouDdation CIO Siatement of Financial Aetiviiles for the Year Ended 31st August 2025 2025 2024 Iyote UDrcstrictcd Re51ricted Capital funds Total funds Tothl funds Income from: Donations Rental incorne 11,480 36,510 7.391 18.871 314.858 36,510 14,744 Total 47,990 7.391 55,381 329,602 Expendi¢ure on: Rental propety ch7tble grdnts Bank charges Subscriptions 9295 29.466 9.295 37.538 4,330 24,952 8.072 45 45 40 Total 38.815 8,072 46,887 29.322 Net movemenl in funds 9,175 (681) 8.494 300.280 Re¢oncillatlon of funds: Total funds brought forward 58215 6.067 540.0(NI 604,282 304.002 Totgl fundy Carried foThard 67,390 5,386 540.0(X) 612,776 604,282 The notes on pages 6 to 8 fonn an inte1 part of these fllianciai statements. Page 4
Woner5h Village Foundgtlon Clo (Regtstraon number: 1184534) Balance Sheet as at 31st August 2025 2025 2024 Fixed assets: Investments 540,(M)O 540,000 Current assets: Debtors and prepayments Cash at bank 231 74.645 74,876 320 63,962 64.282 Llabilitie$: Creditors 2,100 72.776 64.282 Tot net asset8 612.776 604,282 The funds of the Charlty: Capital funds Restricted income funds Unrestricfrd ndS 540.000 5.386 67.390 540.000 6.067 58.215 Total funds CArrled forward 612,776 604,282 These financial statements were approved by the Tnte¢S and authorised for issue on @- December 2025 and are signed on their behalf by: Gr&bam Healy The notes on pages 6 to 8 forni an integral part of these financial statements. Page 5
Wonersh Village FouDdatioD CIO Notes to the Financial Statements for the Year Ended 31st August 2025 I CIO Informatio The Charity was Tegistered as a charitable incorporated orgdnisation on 23 July 2019 and is governed by a ron5titutlOll dated on that day and registered with the Chariry Commission under cEwity number 1184534. The Charity's principal office address is: Sparkes Place Wonersh Common Wonersh Surrey GU5 OPH England 2 Accounting polieies Summary of sIgniflllt aceounting policies and key estimates The principal accounting policies applied in ihe preparation of these financial statements are set out b¢low. These policies have be¢n Consistently applid to all the periods presente(L UDless othenvise stated. Statement of compltance Th¢ financial statements have been prepared under the historical cost convention and in a¢coTdance wtth FRS 102 The Financial Rq)orting Standard applicable in the UK and Republic of Ir¢land' and the 'Charities SORP (FRS102)'. Basls of prepydratlon These financial statements have tten prepared using the historical cost convention except where disclosed in the accounting lIcIeS certain items are shown at fair value. Going concern At the tillle of approving these financial statements the Trustees are not aware of any material uncertainties about the Charity's ability to continue as a going concern. Income Income is recognis¢d in fiill ITJ the Statement of Financial Activiti&% (SOFA) in the year in which it is receivable. Gifts in kit are recognis¢d in the SOFA as income at the fair value of the goods, seryices or assets gifted at the date of the gift. Rcntal income is recognised when it becomes receivable and there is no evidence to suggest that it will not be received. Expendithre Expenditure (excluding grdnts) is included in the SOFA on an accnmls basis. Charitable expenditure includes support exp¢nditure aswiaied with the admItration and issuing of grants. Pag¢ 6
Wonersh Village Foundrdtion CIO Notes to the Flnxneial Statements for the Year Ended 31st August 2025 Gr2llts Grants payable are commitments (iticluding payments) mad¢ to third parties in the furtherance of the charitable objectives of the charity. Single or multi-year grants are accounted for as grants payable when either the recipient has a reasonable expectation that they will receive a grdnt and the Trustees have agreed to pay the wt without Conditio or the r¢Gipient has a reasonablc expectation that they will receive a grant and any condition attaching to the grdnt is outside the Charity'5 control. Investment property ]nvestment propcty is ¢atried at fatr value with any gains or losses being QguIsed in the SOFA. Cash &nd e88h equlvAlents Cash and cash equivalents comprise cash on hand and call dwsits. and other short-trTm highly liquid Investments that are readily convertible to a known anM)unt of cash and are subjert to an insigtiifieant risk of change in value. Trnde debtors Trade debtors are arrUnIS due from tenants in respect of rents and other charges receivable in the ordinary course of busines5. They are recogtiised initially at the tr8nsaction price and subsequently measured at amortised cost using the effective interest rnethrf less provision for lmpairnnt. A provision for the impalrnt is established when there is objectiv¢ evidence that the company will not be able to Collect all amounts due according to the original tern. Trade creditors Trade credilors are obligattons to pay for g(M)ds or servi¢¢s that have been acquired in the ordinary course of busin¢5s from suppliers and are measured ai the transaction price. Accounts payable are ¢lassificd as current liabilities if the company doe5 not have an unconditional righL at the end of the rewyrting period, to defer settlement of the creditor for at least twelve months after the retting date. If there is such a right, they are presented as non-current liabilities. Flnxncial Instruments Clo&fificalion The Charity Only enters into basic financial instruments trdns&ctions that result in the recognition of financial assct5 and liabilities like trade and other debtors and cr&Jitors. loans from banks and oth¢r third parties and loan5 from related parties. 3 Grants Grdnts to Grants to Support instiDJtions individuals osts 27.611 9.872 55 Total 27,611 9.872 55 Improvements to arts and culftwal facilities Improvements to environmental tnfra5tructure Small grants for other charitsble institlrtions 37.538 37,538 Page 7
Wonersh Village Foundation CIO Notes to the Flnanclal Statements for the Year Ended 31st August 21125 4 Investments The investment represents the long leasebold interest in a flat over the village shop which was donat¢d to th¢ Charity in January 2020 at its th¢n fair valuc of £250.0(M). In August 2024 this was CDhanccd by th¢ acquisition. by way of gift from w0neh Village Stores Limited. of the freehold land and building upon which the leasehold flat is situated. The freehold w&8 Èndependently valued at the date of the gift at £290.000. In the opinion of ihe Trustees the fair value of the whole at the balance sheet date is not materially different from the carrying amounL There has been no forn1 valuation of the leasehold investment property by an independent valuer. 5 Related party transactions During the year Wonersh Villagc Stores Limitrf a company controllcd by the trustees. donated a 5Utn of £11.480. representing its accumulated cash balance at the datr of its dissolution, to the FoundatiotL Page 8