JULIA WATERTIME TRUST FINAIYLIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 Hill Mid Keni LAd
Julia Watertime Tntst TRUSTEES, REPORT The Trnstrcs present their report and the financial accounts for the year ended 31 March ?025. S'I"A TUS AND ADMINISTRA TION 'rhe tnist was created following a 8ifl of £450,(KK) from Ailsa Amhursi Ltd a c¢Thpany owned by M1$5 JM Creeke. Miss JM Creeke is entitled to aptKJini Th¢ funds deposited in relaiton lfi The trust ro bc ob ihL rn15iee5 consider fjl. The trustees conduct no trading actrtyities. The tTUSt is a registerL#I charity Ichartty number 1185627). The Trts$te appointed by Mt&s JM Creeke & have served during the year were.. Julia Mary Creeke rimothy Nom)an Bramham Lister FCA Clare Lucinda Chrisiine Muir )am¢s Bremridge Lhairpcrson Secretary & TT¢awer OBJECTIVES To advance in lif¢ and h¢lp youn8 peopk through ihe PTovi$ion of Wer based rc¢r¢alional and lei5ur¢ lime activities excursion5 and holidays provided in the intere51 of their social elfar¢. designed to improye thcir skills. capaciti¢& ¢onfidence. capabilities. and wcll-bcin8 and to improv¢ the condilions of lif¢ of such to panicipaic rn wciery as m&ure and reswn.%ible individiJAl% Th g•ttlem¢nt d¢cd vfihe (rusi also 8ives the Trusiecs absulute tK)weT to distribute both ihe rn¢ome and capitsl of the trust for such charitable purpo%¢s &$ they, in their absolutc di5Crttiun think fit. INVESI'MEN'f POWERS & POLICY llle InVmertt p)liey followed b!. the T$¢$ on ihe advice of gioekbrokers has been io invest in fixed inierest stocks and s(4-Class equities in order lo 8cncrar¢ reasonable income and provide capitsl appreciation. ADVISORS:. SWI¢r3 1301Mn Sw LoYth.SWIY4UI Nh & Cp. be•ww 8owb)nt fkvoo PL4 9BD
Juli8 Watertime I TRUSTEES. REPORT (conttnued) REVIEW FOR THE YEAR ENI)ED 31 Marrh 2025 The fomai of the financial stalen15 compli¢s with Statemet)i of Recommended PTact¢ce "ALLoun¢in8 & Reporting by Charities" issued b). Ihe ChArill' C.ommi5sioners applicable io 5tnall ¢harities. "fhc Re¢¢ipts & PB>Thenrs forn) of Reporting was 0[Aed by the Trustees of this Scttlement. Thr In¢om¢ of thi3 Clwsty W¢d Grant• othw ChgTitiw shown in the aeroiintrq for the year ended 31 Marth 2025, and thc Sta)1 of Assetts & Liabilities at 31 MaT¢h 202) is aiwhed. The Trusiecs, ]x)licy is prin¢ip8lly to use the income (and when the). consider li desirable parts of the upitsl) ot'the Tmst Flhnd for ¢hariiabl¢ purwjsts. STATEMkNT OF TRUSTEES. RESPONSIBILITIES The Trusiees are required by the Charili¢s A¢1 2011 io prepare financial swements for th year, which give a truc and fair view of tht s¢a* of affairs of ihe TTUSt. I'he Trusi¢¢s we responsible for the ¢nsurin8 thai (h¢ TnJ51 ke¢ps proper Jccountiny r¥¢ords which dis¢10s¢ wilh reasonable atturac). at any giv limc the financiai tQSjtion of the Trust and for ensuring that the flnancial sthiem¢nts comply wilh th¢ Charities A¢4 2011, the &ppli¢abl¢ Charities (Accounis and erts) Regulaiions, and thc provision of the ci)nsrliuilon. Th¢ Tru%i¢¢> liaw¢ tw1151b¢11tY fvi sofGke¢yins lh¢ aJJGts tsf the fru3t And h¢nLe fnr tskin8 reawlthle sieps for ihe preveniion and ddcclion of fraud and othcr irr¢¥ularities. The A¢¢ounLS ar¢ submittcd annually to qualified Accountants for Independent Èxamination of the Accounts prepared by the Treasurer, when rryuired by ihe Charitshle Commission r¢quir¢mcnLk Approved on behalf of the Trn$eS T N B Lisrer FCA Trusiee Dale...
Julia Watertime Tru RECEivfs & PAYMENTS AccouNf for the year end&J 31 March 2025 2024 2025 Donations ReceiweAI Inv¢stm¢nl In¢ome.'- Arising from inl¢r¢st on Governmerbt & Corpor81¢ Stock5. Stockbrokers. Int¢rest And Dividends 25.988 24,577 Total Rec¢ipts Exp¢ndilure in fvnher8nrx of the objeaivcs of thi$ Charily:" Donalions ¢0 re8iMered CharitjC5 & Expenses Involv¢d in rnisin8 sponsorship ty benefit chariiies 13.340 MAna8emeni & Administr*ions Costs of thi5 Charity:" Tru5tCC5' Management fees &1¢8al costs Total Expendiiure Excess ol"R¢c¢ipts ov¢r Expcnditure ProliU(IA)ssI on sale of Shar¢$ (14,105) {20.286} Ne¢ Chan8r in Funds
Julia W*rrime TTU &Lia 131 MaF¢h 2025 2024 runds=_ Cash ai Bank Cash wtih Sio¢kbroker5 21.086 7.672 Quoted IV¢nI ponfolio In¥luding fixed tntere51 si¢xks & equities lat costl Market Value of Portfolio 2024: £609,241 2025-. £579,674 Trust¢es' & Examiner'5 fees
Julia watMe Tiust INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES I rewrt to the trwtees on my eXwTritI0n of theCOunts of the alx>ve tr1 ford ye8r ended 31st March 2025, whi¢h are set out on the anached Sheets. RESPOiYSIBILTnL8 AND BASIS OF REPORT As ihe Charity's Inistee4 you are r¢swynsible for the pparatIOn ofthe accounts in ac¢ordance with the requirements of the Chatiiies Act 2011 {'thc A¢i"l. I report in rcsprft of my examination of the'fntsi's aeeout)15 carried under se¢tioTh 145 of the 2011 Aci and in caryin8 Oilt my examin10n. I have followed the appli¢able Dire¢iions 8iven by the Charity CommissJoTr undcr section 1451SKb) of the Act. INDEPENDEKf EXAMINER'S STATEMETrrr I have completed my examination. I confinn ihat no maierial matt¢rs h&ve come to my attention in ¥OnnlI0n with ihe examinlon which gives me cause Eo believe in. any maieri81 resw.. the acwuntin8 reeords weR not in xcordance wilh 5tIOn 130 ofihe Charities the 4¢COUllts did rbot ac¢ord with the aicouniin8 records,. or the accounis did not comply with the applicable reqyiremeots c4)nceMiTh8 the fomi and ¢onten¢ of a¢¢oun¢$ 3Ct out Iii Ilir ClTIll¢S IA¢counLS and Keponsl Regulations 2008 othcr than anj requiremeni ihai th¢ acco¥nis give a 'true 8nd fair. view which is nol a mailer ¢onstdercd as pan of an indry¢ndeni examin10. I havc no con¢ems and h8ve ¢ome acros5 no other mallers in eoTrn¢rtion with the examination Eo which attention Shold be dr¥wn in this report in order io enable a pp)per under5thndin8 of the aount5 io be re¥hed. ljJdep¢ndti Eumljir Pettr ShilJlnglw Stepbtn Hill Mid Ketst Ltd 31-33 Alb10 Place SlttlrtgbourDt Rd MAid$tOll4 KeDt 14 SDZ DAte: