Stephen Hill
JULIA WATERTIMF. TRUST
FINANCIAL STATEMENTS
FOR I'HE YEAR ENDED
31 March 2024
Stephen Hill Mid Keni Lid

Julia Waterttme Trust
TRUSTEES"" REPORT
Th¢ TrU￿￿s present their re￿rt and the fin9￿claI xcounts for the year ended 31 March
2024.
STATUS AND ADMINISTRATION
The Irust was created following a gift of £450.000 from Ailsa Amhurst Ltd a company owned
by Miss JM Cr¢ek¢. Mi&s JM Creeke is ¢niiil¢d io appoint iNstees.
The tunds deposited in relation to the trust are to be used as the trustees consider fit. The
Irustees conduct no trading activities. The trust is a registered charity {charity number
1185627)- The Trust¢es apwinied by Miss JM Creek¢ & who have served during the year
w¢r¢'.
Julia Mary Cr¢¢ke
Timoihy Nomjan Bramham Lisier FCA
Clare Lucinda Christine Muir
James Bremridge
Chairperson
Secrethry & Treasurer
OBJECTIVES
To advance in life and help young people through the provision of wa￿r based recreational
and leisurc time octivhtie9 excursions ond holidays provid¢d in th¢ int¢r¢$i of th¢ir so¢ial
welfare, designed io improve their skill& capacilies, confidenc< capabilities, and well-king
and lo improv¢ the ¢onditions ofiife of such io panicipaie in s(Kieiy as mature and
responsible individuals. The settlcment decd of the irusi also gives the-frustees absolute
power io disiribuie both the income and capit81 of the trusi for such charitable purrrf)ses as
thcy, in thcir ab501uie discretion think fil.
INVESTMENT POWERS & POLICY
The investment policy followed by the Trustees on the advice of stockbrokers has been to
invL5t in fixcd interest Stocks and gi)od<1&55 equities in order to generale reasonable in¢ome
and provide ¢apital appreci￿10n.
ADVISORS:.
StO￿kers Vermecr PxEncr& 130 jern￿ Stsrc4 SWIY 4UR
Soliciwr5
N¥h & Co. Bew)[￿)￿ P•JL Ply•b￿￿ PL4 9BD

Julia Wakrtime Trust
TRUSTEES, REPORT (continu¢d)
REVIEW FOR THE YEAR ENDED 31 March 2024
The fonnat of th¢ finan¢ial ststements Complies with Statement of Re¢ommended Pra¢ti¢e
'A¢¢ouniing & Reporting by Charities" issued by ihe Chariiv Commissioners as appli¢able to
small chariiies. The Receipts & Pa)'menis fomi of Reporting was adopted by the Trustees of
this S¢ttl¢ment.
The Income of this Charity and Grants to other Charities are shown in the attached accounts
for the year ended 31 March 2024, and thc Statement of Assets & Liabilities at 31 March
2024 is atla¢hed.
The Trusiees, policy is principally lo use the iT]eome (and when they Consider it de5ir&bl¢
parts of the Capi￿1) olihe Trusi Fund for chariiable purposes.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees are required by the Charilies Act 201 I to prepare financial staiemenls for each
year, which give a true and fair vicw of the state of affairs of the Trust.
The Trustee5 are responsible for the cnsuring that the Trust keeps proper accounting records
¥vlii¥li diJLlvyr willi J¢ayJiiublr al aity ¥iv¢ii liiiir tli¢ rjiiaji￿4￿I yuJii¢vii vfili¥ Ti uJl
and for en5Liring thal the financial slalemenls comply w'iih ihe Charilics Act 201 I, the
applicable Charities IA¢¢ounts and R¢EK)rts) R¢gulation& and the provision of the
¢onslilulion.'fhe'l'rusiees also have responsibility for safekeeping ihe assels of the Trust and
hcnce for taking reasonable steps for ihe preveniion and deieLiion of fraud and oiher
irregularilies. Thc Accounts are submitted annually to qualificd Accountants for an
Independent Examination of the Accounts prepared by the Treasurer, when required by the
Charitable Commission requircmenls.
Approved on behalf ot the Trustees
T N B Lister FCA
Trusle¢
31 March 2025

Julia WAtertime Tr
RECEIPTS & PAYMENTS ACCOUNT for the year ended 31 March 2024
2023
2024
Donations Received
75,000
Invesimenl In¢ome'.-
Arising from intcresi on Government &
Corw)rat¢ St(Kks, Stockbrokers. InEerest
And Dividends
26.308
25.988
Total Receipts
ioi
Expenditure in furtherance of the objeciives of this Charily:"
Donations to re81￿Cred Charities & Expenses
Involved in raisinR sponsorship io benefit charities
5.000
8,900
Management & Administrations Cosis of this Charity:"
Truste¢s' Manag¢meni fees & expense& & legal costs
Toial Expenditure
17
Excess of Receipis over Expenditure
89
Profitl(Loss) on sale of Shares
(14,105)
Nei Change in Funds
89

Julia Watertime Trust
Stalement of Assets & Liabilili¢s at 31 Mar¢h 2024
2023
2024
Cash Funds'.-
Cash at Bank
Cash wilh Stockbrokers
10.984
21,086
Investment Assels
Quotcd Investmeni portfolio
Including fixed inierest stocks
& equities (at costl
mark￿ Value of Portfolio
538 754
530 246
2023- £580,356
2024: £609,241
Liabilities
Trustees, & Examiner's fees

Julia Wa*rtime Tru
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES
l [c￿ri 10 th¢ ITUSI¢¢S on my examination of th¢ acwunts of th¢ above trust for ihc ycar ¢n(kd i151
March 2024, which are s¢1 Qui on ihe attachal sheets.
RESPONSIBILITIES AND BASIS OF REPORT
As the chariry's trustees. you are re5FK)nsible for the preparation of the accounts in ￿COrdance
wilh the requirements of the Charities Aci 2011 ('llhe Act").
I repon in res￿ of my examination of ihe Trust's a￿Unts caThied out undcr Se¢iion 145 of
the 2011 ACÉ and in carrying out mv examinaiion. I hav¢ followed all the applicuble
Directions given by the Charity Commission under seciion 145{51(b) of the Act.
INDEPENDEiYf EXAMINER'S STATEMENT
I hav¢ wmpl¢ted my examination. I confirn) that no material matters have come to my
aitention in ¢onn¢thion with the examinAtion which gives me ¢ause to believe thai in, any
material respect..
the accounting r¢wrds were noi kept in accordance with section 130 of the Charities
A¢i- or
(l)C aLiI)Ullts did not uGGord with th¢ &¢countinB rccordJ' or
the accounis did not ¢omply with the applicable requirements concerning the fom and
content of accounts sel out in the Charilics (Accounis and Reports) Regulations 2008
other than any requiremeni Ihai lh¢ ac¢ounts give a 'inJe and fair, view which is not a
mailer considcrcd as part of an indcp¢ndeni examinalion.
I have no concerns and have Come across no oiher mattcrs in Connection with the
examination to which aiieniion should be drdwn in this report in order to cnabl¢ a proper
und¢rstsnding of the accounls to be reached.
Independent Eximiner
P¢l¢i Sliilliii¥lA
Stcphen Hill Mld Keni Lid
31-33 Albion Place
Sittingbourne Rd
M¥id$ton¢, K¢nt
P4lE14 SDZ
Date- 31 March 2025