Stephen Hill
JULIA WATF.RTIMF. TRII.ST
AMENDED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 March 2023
Stephen Hill Mid Kent Lid

Julia Watertime Trust
TRUSTEES, REPORT
1kne Trustees present their report and thc financial accounts for the year ended 31 March
2023.
STATUS AND ADMtNISTRATION
The trust was creaied following a gift of £450,000 from Ailsa Amhurst company owned
bv Miss JM Creeke. Miss JM Creeke 15 entitled to apwini iNsie¢s.
The funds deposiied in relation io ihe trust are to bc used as ihe irusiees ￿nsIder fit. The
Irusiees ¢ondu¢t no trading aclivities. The irusi is a registered charity (charity number
1185627). The Trusiees appointed by Miss JM Creeke & ivho have served during the year
were:
Julia Mary Creek¢
Timothy Nom)an Bramham Lisler FCA
Clare Luciiida Christine Muir
Jawnes Bremridge
Chairperson
Secretary & Treasurer
OBJECTIVES
-ro advat)¢¢ in life and help young Feople through the provision of water based recreaiional
#rili LÉJiJ¥ &*¥livilL¢S ¢AIUlSiViiJ uiid liuliaays piovidcd iti the inteirst of tlicir soGial
w¢llire. d¢signed to improve their skills, capacities, confidence, capabilities, and wcll-being
and io improve the conditions of life of such io parti¢ipate in sociely as maturc and
resrK>nsible individual8. The seiilemenl deed of the trnst ulso gives ihe Trustees absolute
power to distribute both ihe income and capiial ofthe trust for such charitable purposes as
they, in Ih¢ir absoluie discreiion think fil.
INVES'I"MENT POWERS & POLICY
The investment policy followed by the Trustres on the advice of stockbrokers has becn to
invest in fixed interest stocks and good-class equities in order lo g¢nerdle reasonable income
and provide capital appreci&ion.
ADVSSORS:.
StockE¢okcvs
Verm¢￿ Partm¢rs 130Jum)Tr SEW tA)thI SWIY 4UK
50liritors
N¥h & Co. Lkv(A PL4 98D

Julta Waiettime Trust
TRUSTEES, REPORT (continued)
REVIEW FOR THE YEAR ENDED 31 March 2023
The fom)at of the financial statements ¢omplies with Stalemcnt of Recommended Practice
'Accounting & Reporting by Charilies. issued by the Charity Comfftissioners as applicable to
small charitics. The Receipts & Payments form of Reporting was adopted by th¢ Trustees of
this Settlement.
The Income of this Charity and Grants to oiher Chariiies arc shown in ihe attached aeeounts
for the year ended 31 March 2023. and the Sthtement of Assets & Liabilities at 31 March
2023 is aitached.
The Trustees policy is principally io use the in¢ome {and when they consider it desirable
parts of the capital) of the Trusi Fund for charithble purposes.
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The Trustees are r¢quired by th¢ Charities Aci 2011 io prepare financial statements for each
y¢ar. which give a inte and fair view ofihe state ofaffairs of ih¢ Trusi.
The Trustees are responsibl¢ for the ensurin8 that the Trust keeps proper accounting records
whi¢h disclose with reasonoblo urcuro¢>' at t)ny sivcn ill￿¢ thr fiiiaiictal w)ilivii ufilLU TJus1
and for ensuring that the financial siatem¢nis comply with ihe Charities Aci 201 l. Ihe
applicable Charities (Accounts and Rctx>rtsl Regulaiions. and Ihe provision of the
constitution. The Truslees also have responsibility for safekeeping ihe asseis of the Trust and
henie for taking reasonable steps for ihe prevention and deleciion of fraud and other
irregularities. The Acwunis are submiiied annually lo qualified Ac¢ounlants for an
Independent Examinalion of the Accounts prepared by the Treasurer, when required by the
Charitsble Commission requirements.
Approvd on behalf of ihe Trusiees
TN B Lister FCA
Trustee
31 March 2025

Julia Watertime Trust
RECEIPTS & PAYMENTS ACCOUNT for the year ended 31 March 2023
2022
2023
Donations Receivcd
75.000
Investment Income:.
Arising from interesi on Governmeni &
Corporaie Stocks. SiockbrokeTS' Inieresi
And Dividends
20.221
26.308
Totsl Receipts
20
ioi
Expenditure in furtherance of the objeciives of this Chariry:_
Donations to regisiered Charities & Expenses
Involved in raising sponsorship to b¢nefii charili¢s
5.000
Mana¥ement & Administraiions C¢)sts of this Charity:_
Trustees. Management fees & expense4 & legal costs
Total Expenditur¢
Ex¢ess ol'Receipls over Expenditure
13
89
Profitl(Loss) on sale of Shares
1.841
Nei Chang¢ in Fund5
89

Julia Watertime Trust
Siatement f A
ts & Liabili
¢s at 3 I March 2023
2022
2023
h fundJ'.-
Cash at Bank
Cash with Stockbrokers
10.984
771
vestment A
Is
Quoted Inv¢slmeni portfolio
Including fixed intercsi siocks
& equilies lat cosi)
Market Value of Portfolio
2022.. £513,531
2023: £580.356
Lia
Trustees. & Examiner 5 fees

Julia Wa*rtime Tn
IIYDEPENDENT EXAMINERS REPORT TO THE TRUSTEES
I report ro the trustc¢s on my exatninalion of the accounts of the aiKTrve tn￿( for the year end¢d i151
Ma￿h 202i. which are S￿ out on the attached Sh￿$.
RESPONSIBILITIES Af4D BASIS OF REPORT
As the charity's trustees, you are resw)nsible for the Preparation of the accounts in accordance
with the requircm¢nts of the Charili¢s Act 2011 ('Ihe Act").
I report in resp￿1 of my examinaiion of the Trust's accounts carried out under section 145 of
Ihe 201 l Act and in carrying out my examination, I have followed all the applicable
Directions given by the Charity Commission under section 145(5Kb) of Ihe Act.
INDEPF,NDENT EXAMINER'S STATEMENT
I have completed my examination. I confinn that no material matter5 have come to my
attention in conneciion with the examinaiion which gives me cause io believe that in, any
material respect:
the accounting records were noi kept in accordance wilh section 130 of the Charities
th¢ uccountj did not ￿c￿l￿ willi dic uLwuwiiin¥ reLords: or
Ihe accounis did noi comply with the applicable requiremen15 concerning the form and
content ofaccounis set out in the Chariti¢s (Accounts and Rewrtsl Regulation5 2008
other ihan any r¢quiremeni ihai the accounis give a 'lrue and fair. vicw which is not a
mailer considered as part of an ind¢pend¢nt examinaiion.
I have rko ¢on¢ems and have come across no othcr matters in connection with the
examinaiion to which attention should be drawn in this report in order to enable a proper
understanding of the accounts to be reached.
IndcpeDd¢ni ExirniDer
P¢t¢r ShilllrAsl4
Stephen Hlll ￿lId Kent Ltd
31-33 Albion Pl¥¢e
Sittingbourne Rd
MgidstoNe. Kent
ME14 SDZ
Date: 31 March 202S