## **THE ST MARYLEBONE CAMP OF WILLIAM ELLIS SCHOOL** **A Charitable Incorporated Organisation** ## **Registered Charity No: 1207099** **Trustees Annual Report and Financial Statement for the year ending 31 March 2025** ST MARLEBONE CAMP OF WILLIAM ELLIS SCHOOL TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENT FOR YEAR ENDING 31 MARCH 2025 |**INDEX**|**PAGE**| |---|---| |Report of the Trustees|2| |Principal accounting policies|3| |Statement of financial activities|4| |Balance sheet|5| **1** ST MARLEBONE CAMP OF WILLIAM ELLIS SCHOOL TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENT FOR YEAR ENDING 31 MARCH 2025 ## Trustees The initial Trustees appointed 20 February 2024: Samuel White (Chair) (term 5 years) Richard Ault (term 4 years) Fiona McWilliam (term 3 years) Omar Harmon (Vice Chair) (term 2 years) Terence Walton (term 1 year) Ended 19 February 2025 Isabella Jones is a trustee ex-officio as Head Teacher of William Ellis School. Fiona Millar is a trustee ex-officio as Chair of the Trustees of the Birkbeck and William Ellis Schools Trust. The initial trustee terms were set up to provide a staggered retirement over a 5-year period. Following the retirement of Terence Walton on 19 February 2025 the trustee position remains vacant. Any new appointee would serve the remaining term of 5 years (from 20 February 2025). Trustees can be appointed by the existing Trustees. The management committee consists of the Trustees. There were no payments to Trustees during the year by way of remuneration or reimbursement of expenses. ## Status The Charity was registered with the Charity Commissioners under number 1207099 on 20 February 2024. The registered address of the charity is: William Ellis School, Highgate Road, London, NW5 1RN. There are no special restrictions in the way in which the Charity can operate other than those subject to compliance with Charity Commission requirements. The Charity was set up to replace the old charity of the same name (Charity No. 325110). However, the property known as ‘The Mill’ is considered by the Charity Commission as ‘Endowed Property’ and will remain with the old charity. It is planned that other assets of the old charity (bank and investments) will be transferred to this charity and that this charity will become the sole Trustee of the old charity. Legal work to complete these steps has not been completed and until it is this charity has not been able to start operating. ## Objectives and Organisation The objective of the Charity is to operate “The Mill”, a residential study centre, in the village of Forest Green, Surrey for the primary benefit of promoting the education (including social and physical training) of pupils attending William Ellis School in the London Borough of Camden. The facility is also used by other schools and organisations to give inner city children the opportunity of experiencing the countryside. **2** ST MARLEBONE CAMP OF WILLIAM ELLIS SCHOOL TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENT FOR YEAR ENDING 31 MARCH 2025 ## Review of the financial transactions The first accounting period is 20 February 2024 to 31 March 2025. However, for the reasons stated above, the charity is yet to start operating. No assets have been transferred to the charity. There has been no income or expenditure of any sort. ## Trustees' responsibilities for the financial statements Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the Charity's financial activities during the year and of its financial position at the end of the year. In the production of these financial statements, the Trustees should follow best practice and: - select suitable accounting policies and then apply them consistently - make judgements and estimates that are reasonable and prudent - state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and which enable them to ascertain its financial position and to ensure that the financial statements comply with applicable law. They are also responsible for safeguarding the assets of the Charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities. **Omar Harmon** – Vice Chair The financial statements are prepared on an accruals basis in accordance with the Charities Statement of Recommended Practice. Investments are recorded at market value in accordance with recommended practice but otherwise the financial statements are prepared on a historical cost basis. ## Accounting for income Cash donations, gifts and collections are treated as income in the year in which they are received. Income from investments is accounted for on a received basis. Voluntary help is not included in the financial statements. The extent of volunteer help received is explained in the Report of the Trustees. ## Expenditure All revenue expenditure is accounted for when incurred. ## Investments Investments are included in the balance sheet at market value. ## Tangible Fixed Assets and Depreciation Fixed assets are stated at cost or estimated market value at date of receipt where assets have been donated to the Charity. ## Depreciation Depreciation is provided to write off the cost (or market value at date of receipt) less estimated residual value of all fixed assets over their expected useful lives at the following rates: Equipment, fixtures and fittings 20% reducing balance Freehold property nil Improvements to freehold property nil **3** ST MARLEBONE CAMP OF WILLIAM ELLIS SCHOOL TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENT FOR YEAR ENDING 31 MARCH 2025 |**Income and expenditure**
**Incoming resources**
Donations – general
Donations for specific Project
Investment income
Bank interest
**Total incoming resources**
**Resources expended**
Accountancy and Legal
Sundry expenses/environmental
maintenance
Expenses for specific Project
**Total resources expended**
**Net incoming / (outgoing) resources**
**for the year**
**Other recognised gains and losses**
Profit / (Losses) on investment assets:
Realised
Unrealised
**Net movement in funds**
Funds introduced at 20 February 2024
Funds carried forward at 31 March 2025|**2025**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2025**
**£**| |---|---|---| |||**0**
**0**| |||| |||**0**
**0**
**0**| |||**0**
**0**| |||**0**| **4** ST MARLEBONE CAMP OF WILLIAM ELLIS SCHOOL TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENT FOR YEAR ENDING 31 MARCH 2025 |**Note**
**Fixed assets**
Tangible assets
Investments
**Current assets**
Cash at bank (current and deposit)
**Current liabilities**
Creditors and accruals
**Net current assets**
**Total assets less current liabilities**
**Accumulated fund**
Approved on behalf of the Trustees on|**2025**
**£**
**0**
**0**|**2025**
**£**
**0**
**0**| |---|---|---| |||**0**
**0**| |||| |||**0**| |||| |||**0**| **Omar Harmon -** Vice Chair Charity No: 1207099 **5**