ChJi'ily regisii'a¢ion Jiuinber.. 202188
The Charity of William Williams
Annual Repurt ¥nd Financial Statements
for th¢ Y¢ar F.ndcd 31 Decenibcr 2024

The Charity of William Williams
Colltents (eoutinued)
Referenee and AdrnitSi51Tative Details
TTilSle¢b' Report
2tt>4
SlalenJent of Tmstees, RespoNsibilitlC5
Independcnt Auditor5, Report
Oiolo
Stat¢tnent of financial Aclivilies
I to 12
Balance Sheet
sh Flow Statement
14
Notes to tlie l itiancial Sialemenls
151030

The Charity of Williydm WilliAms
Referene¢ and AdminlstrAtive Details
Trustees
Mr R Cowley
Mr5 C Sharp
Mrs11 J l.accy
Mr R Prid¢aux.BruThe
Mr G Ro%c
Mi. J D l-hrift
Mr H White
Mi. A Ilolling%hcad
Mi. Colin Stevell5
ChArlty Registi'4titsn Nuniber
202188
Prlmcipal Offi¢e
Staffoi'd Hoiise
10 Pi'incc ot Wales ttoid
Doirh¢stei'
Dois¢L
DTI IPW
Solicitors
Battens
Mansi(TrJi House
54-58 Princes Street
Yeovil
SomcrBet
BA20 IEP
Bankers
Natwcsi Flank Ple
49 South Sireei
Dorthester
Dorset
D'II IDW
Page I

The Charity of Miilliam Williams
Trustees, Report
Th¢ Ii'uste¢s prcscnt thc anniial rel￿1* tog¢iher with the findnci415tal¢m¢nts of ihe chai'ity foi. Ihe year ¢nd¢d 3 1
Decemb¢i' 2024.
Th¢ Charity nanie
The legal and npcraling hame of the chai'ity is.. 'I'h¢ L'harity ofwilliaim Williajns.
The Charity'5 juris(liellon UK tharitable registratioll
Thc chai'ity is Irgisier¢d iii Lnglaiid and Wttle3 Wltli the Charity Coiiimissiott in Englaiid an(1 Wales ICCEW)
with Charity number 202188.
Oblettlv¢$ and aetiYitie5
Objecls
The object ol. the Ch8Tily is to apply income r¢ceived lo JElieve eiih¢i' ¥¢tL¢i'allyy oi. individually, peiBons
resident in the area of beiiefit Ihcing Ilie ancient pari%h¢5 Ot. Blaiidfoyd, Shatlexbury and Siurminsler NeM¢onl
who are in condilions of nced, haydship oi. di8lrcss. In addition. to 8$5181 persiiiis in or ¢lll¢ring any trade oi.
pIDfession.
Thi% 18 a¢hi¢vtd by making gi'aiits of money or PToviding or paying li)r items, sei'Yic¢s VT facilities calLulated to
help su¢h pei'qi)ns. This is achievcd by inviiing applicutions fix>m individiialg or oi'ganisations within the aita of
benefit it) i'elalion to the spebifi¢ iyquiremcnls as falling wryihiii thc Charity'8 .%laied obj¢¢iii'e%. Thcl'e have been
no changes to this policy during th¢ year.
Although there is no sel critCl'iA. the Trust¢es' aim is to dividc thc dispDsoble inc(kme equally beliyeen edts¢aiion
dnd relief of thos¢ iii the¢d. A rnajoi'ity of edu¢a¢ion grant5 al'c made to peopl¢ tmburkiiig on higher education or
Ireognised Iixining sGh¢in¢s. In a(Idition, grants ar¢ made to local educational institutions in 5UPPOJt of specifi¢
projects.
ibllc bÉnefil
The Chai'ity provides grant5 to membeT5 of the public and insiitulions with in the defined area of benefil in
suppoi'l ofii obj¢¢ls.
The trugtco% ¢ottfimi that Ihcy have complied i¥ith the requiremenls tsf section 4 of the Chai'ities ALt 2011 to
have due reggrd to the publi¢ benefit guidance publi5h¢d by the Charity, Comi#i$sion fi)r F.ngland and Wales.
As part of their commitineni to piiblic benefjl the ti'usie¢b are 5¢ekillg lo invest in resideniial piDperty. The
policy 1% for thc pi'operty to be sp¢¢ilically offeird to local faiiiilie5. See luture expeiiditure note below.
Acliievemeiils And performgn¢e
During the year, Ihe iiumb¢r of grants made to individua15 incirased with a lolal of 9512023 - 88) grants bei118
made.The average of each ¥rdnt I4V5 £ 680 (2023 - £ 6121. bcing an increa.8c of I l. I lQ/o.
Budget
A¢tual
Relief of those in need
200,000
200,000
400,000
525,004 Inote 7)
123.369 (note 71
648,373
Education
Included it) th¢ above arr 10 graNts made lo Iiistitution5 totalling £460,43112023- £35.715)- scc note 7.
Plcase note, l ot the 8iTrn¢s foi. Instilulions is a ¢ommitled granl from 2023, whityh is a tutal of £ 400,000.
Pug¢ 2

The Charity of William Williams
Truslees, Report (continued)
Financial revlew
The Chaiily deiives most ofits income fvom its PrO￿lty iniiestm¢nt portfolio. ThcT¢ wa5 a 90/0 increase its rental
this year.
Analy515 of Rcntal Income i$ as folloivs..
Commercial PrLlP¢rt1¢5- 62%
Rclatl PropertieE- 28 /
R¢5idcntial Pri)periies- lOQh
Th¢ pi'iiicipl¢ risk io olli. incom¢ relat¢s to thc r¢tail sector. due to eontinucd pre&suir ot) th¢ high 51reei shops as
a re%ull nt tlie moves lo on-line shoppijig and reduced footfall as a r¢suli in the cliange of ivorking patterns ivith
mor¢ peoplc ivni'kiiig tiy)m home.
The Truslees considei. Ihe financial position at the ycar end to be sat15factory. I'he charity has a strong balance
sheet ivith SU￿J￿1¢￿t liqusd ass¢ls to meet ils liabilities for the foreseeablc fiiture.
Pollcji opi VÉJÈrvÉs
Tlie unr&%lticied TeseTVCS Smount ta £9.1 Im (2023 £9.71ml, as sel oul in iiote 17 of Ihe financial s1atements.
H0I4'eveJ', aft¢r 14king into account Ilie Charity's lon8 ieiM invcstment% and d&signated fijnds, Ihe fr¢¢ r¢s¢rves
amounted lo £229,029 (2023 £1.191,8961. Also, two propetiies air in the pro¢¢s% of bcin8 801d, coiiiplelion
cxpected in March 2025.Tliis is expected lo Beiiei'ale fui'ihey fr¢¢ irserves of £287,000. The Trustees belia'c it
PTudent to pi'ovide for 12 monih8' cxpendilurt re5etves each yeaT. The lotal eslimat¢d exp￿diture io be
prtsvidvd fL)r 15 £404.000. This meaJ)s that Ive have excess r¢S￿VeS of £112,02912023 £796,8961.
Sce plans for luluTe periods below foi. how the ¥xcess luiids will be spent.
Loiig lerni iiiveslniéiilproperlles
'rhese are maiiilaincd foi. Ih¢ii' income generaiivn aiid capital appreciation. The inv¢stm¢nt properti¢s Iveir
valucd in l)eceMibcr 2024.
DesigiiftledptoperlJP repftirfiiiid
This is monies put aside in ordcr lo specifically cover Jnajor T¢pair8 lo the propeity portfolio, a large proportio
of which c()nsists ot listcd pyoperlics. 'I'h&%c are more exi?¢nsiv¢ lo repdti and Ih¢r¢foiE ihe Twsie¢s are sctting
aside fvnds towards any future costs atising fiom thcse pri)p¢iti¢s.
Cwsh resen¥
Thcsc cuiyently in ¢xces5 of thc 8ix month5 dii'cct chariiable ¢xp¢nditure ihal the Tiwst¢es considei. prudent
¢0 niaintaiji in case ofioss of ith¢om¢ fiDm thc property poitfolio. Sec below for plans for future cxpenditure.
Golng eollter
Th¢ Chority derives the majoi'ity of lis incomc from thc letting of commercial and resid¢nlidl properties.
A number of leases weT¢ diie to ¢xpire in 2024, and these hawe sirhce been r¢vieiYed atld irncwed by the trustees.
The Charity continues to hav¢ a very stix)ng bolancc sheet and, at the date of appiDval of these finan¢ial
statemeiils, it has net curi'enl assels in excess of £1 m ivhich the tru.8tces believc will bc sufficient foT tlie Cliai'ity
10 c()ntinue its current activilies al l¢a5t th¢ next tivelv¥ mot]ths.
Pau?e 3

The ChArity of William Williams
Trustees, Report (con¢inu¢d)
Striicturei goverThance mAnAgerncn*
liiie ofgoveyiiiiig rf#rMiixiil
Th¢ Chai'ity is ali uniiiLorporaled Charity ivhi¢h is goveined by ) Charity Commission Scheme dated Deceniber
1968, as amended in June 19()3. '1'hc Charity was origitsally foiindcd in 1621 by the Will of Mi.. Williarn
Williams, a iiicrchant fvom Blandford. The Chai'ity dL)es not aclively fundrliise aiid 5e¢ks to continue Ihe
philanthmpic work d¢8ired by th¢ (lonor through car¢fiil Stewardship of its exisling resaiircE5.
RecrHlliMetsil apporiilpieiil éJllrHsiees
The Board ufTI'ustees cuniptrises of three nominative Truslec% who ay¢ appointed for a pei'iod of fouy years. One
¢&ch is appointed by Illandford Foiiim 1't>wn C.oimcil. Shaftesbury Town Council atjd Stkirniinsl¢Y Nemrton
Towi C.nuncil. Scvcn further 'co-opted" Twstecs al'e appuiiiied for a fixed ierm ur rive year.s. All "co-opted"
Trustets are cligible f()r re-aptK)inlmeni Al the end of Iheit term.
The appoititrnent ot co￿pItd fruslccs i5 by Re501ulian of Ihc BoaTd passed at a 5peLial meeting.
In the evenl of A'co-opted" Trustee relirin¥> the Boaixl ivill Set up a sub-committee lo asccitain the requiiEd skill
mix needed to iEplac¢ the retii'iiig TTUStee and enhance the rema%ni118 Tru%tees kniTrwlcdge base. New Trustees
may be sought by open advertisetneftts i)I' by'frustc&% ippri)aching likely ¢andidate5 within Ihe aiEa. a 5hortlisi
is dixwn up and Ihcir ai)pointmertt 1% madc by the fvll Board.
The Trustee5 tn¢ei regularly, at leasl four times a year, to discuss grant applications, moniioi. iiivesltnenl income
and aSSVLiaied pix)ptrty repoii's, rcqeives and risk imonagemcnt. The day to day adininislvdtion ofihe vlanls and
genei'al affair.% are dclegaltd to Symonds & Sampson LLP.
JmportAnt adjusting events aft¢r tht finhneiAI ptrlod
AtI¢T the year end, the tru8te¢s fonMally ogrccd IEI January 2025 to waiv¢ the oulstandLll8 moi*gage loan of
£36,¢XIO owcd by Blandford Opportunity Group. The ii)lenlioii lo ivaivt this loan 113d bceii under active
dis¢u88ion since September 2024, prior lo the balanc¢ sheei dale of 31 D¢¢cimber 2024.
In accordonce ivtth FR8 102 SectiOE1 32. this is Ireal¢d gs an adjusting event after Ilie rei)orting period. As a
Tc%ult, the charity has re¢ogni5ed the N?iver of thc £36,000 loan in the financial statemcnts fov the year ended 31
D¢¢embei' 2024.
Dlsclosur¢ of Inform￿tIo￿ to Audilor
E£ch trustee has laken bieps Ihal the), ou8ht lu have taken as a trDstcc in ordcr to niake th￿nselveS aware of any
i'elevunl audit infoi'matiott and to cstablish that thc cliaiity's auditor is awaTe of Ihal inforiiialion. Tlie Iruste¢s
confJrD] that there 15 no Yclevant information that they knoiv of and of ivliilh they know the auditiTrr is unawaiE.
The annual report was approved by thc tiwstees of the charity on
nd simned on ils b¢lialf by..
Mr R Cowley
Cliainnan aiid truste
Page 4

The ChArity of William Williams
StAtement of Trustees, Responsibilities
The Iru51e¢s ￿.¢ r¢spvnsibl¢ fur pi'¢paring Ihe Irusiees, rtpuri and ¢h¢ findn¢ial s￿lementS in a￿Vi.￿a￿Le wilh (he
Uthit¢d Kingdom AccouiitinL> Slat)d￿ds (United Kiii8dtsm Geneixlly AcLepted A¢£￿U￿ting Pi'dCtiLel aiid
applicable law and re¥iilations.
Th¢ law 8pplicabl¢ to charities requiJEs the Iru51ees to prepare financial slalenients for v4ch financial year which
give a true and fair i'ieii, of the slate ol- atTair5 of Ihe charity and of the iiicomiiig i'esources and appliLalion of
resoiirccs of th¢ charity tor that period. In prcparing these flnancial statements. the trustees are Irqiiired to..
select SLEilable accoUnti￿g TK>licies and ihen apply th￿￿ cunsistently.,
l)seive the methods and principlc5 in thc Chuiitics SORP.
make judgements and e51imate5 Ihal aTe T¢asonable aiid prudent.
stste ￿lIether applicablc accouiitiiig 5tandaids liai'e beeji followed. subject to ony material depaiture5
disclosed and explained in ihe financial 51at¢ni¢tJt5; and
prepar¢ thc fjnancial s¢alcm¢nts on the going ctsnceill bgsÉs unless Kt js Lnappropriate to pre5umc tliat the
charity will continue in busin¢s5.
The tru.%lee% are i.es1)onsible for kccping propci. accounting rccords that disc105C Wlth rcasonablc accuracy at any
tinie the fin#ii¢ial position nf the charity aiid enable Ihem t() en8uie that th¢ finatltial .81oiementq coinply wilh the
Chui'ilies Act 2011, th¢ Charities IAceotin*s' and Repojtsl RegulalioDs 2008, and Ihe pix)visions of the
¢a1151ilutiun. The li'uslees are also resJx>nsible for safeguardin8 11)e assels ol. Ihe charity and lience for taking
r¢asonablc steps ff>v ihc prcvcntion and detection of fraud and other irir8iilaritiCS.
The ￿￿slee5 ￿'e respunsible for the maintenance and tntegrity of the corporale and fjnancial &nfoi'mation
included on the chai'itable company's weTri4ite. l.egislatioii govei'ning the Pl'eparatioii aiid dT55eniinatioii of
rinancsal statcmcnts may differ from Icgi514lion LE] other jurisdictions.
Approvcd hy tlie trustees of the charity on l %].... .].1 l and si8ned on its behalf by..
07
Mr R Coi¥l¢y
Chairnian aod truste¢
Pag¢ 5

The Charity of William Williamt*
Independent Auditor's Report to the Members of The Charity ofwilliam Williams
Opillion
We have audtted the flnancial 5tateiiient5 of the Lh41'ity of William William51'ih¢ ¢harity'l foi. th¢ year ¢rtd¢d
31 Dccembcr 2024, whi¢h coniprise nf the qiatemellt af Financial Acisiiities. Balancc Shcct, Cash Floiv
Slat¢inent, Nv1¢5 tt) the findntyial siateni¢nls, in¢ludinR s￿￿nIfIcant accounting policies. The fjnajicial
iyporiing ITall)ei¥oi-k Ihal lias beeli dpplied in Ilieii. pieparation is applicable law aiid Uniled Kiiigdom
ALfl)Ut]tins Staiidards, including FRS 102 The l-.inancial Repoiting Slandai'd applicablc in thc IIK and Rcpublic
of Ireland {lJnit¢d Kingdom Gcnci'all), Acccpted Accounting Practice).
In (Trur opinion Ihe financial 5tatemenls'.
gi'vc G tiiie and fair vicw of thc statc of (he charity's affairs a5 at 3 1 D¢cembei' 2024 and of its incoming
resources alld applicaliun ofresuui'¢es, in¢ludiDg i¢S ineoitte aiid expenditure, ti)i' Il)e year tlieii ended.,
havc bccn propci'l), prepaird in ac¢ordan¢e ivith United Kingdom Generally A¢¢epled Accounting Pi?¢tiee;
and
have bccii pirpared in aCCOTdane¢ with th¢ r¢quiwm¢nts of lh¢ c.harities Act 2011.
Basi5 for oplnlo
W¢ c(Iiiducted our audit in accordance iviih Inter￿ational Standard% on Auditiiig IIIK) IISA5 IIIKI) and
applicabl¢ laiv, Our res￿nsIbIlitieS under thosc st8ndards fuilhcr dcscribcd in thc Auditor's re5ponsibilitie5
for thc audi( of the financial stateineiils s¢LiiUn vf uui repuri. Il'e ay¢ ind¢pend¢nl ot Ilie charthiy in acLord8nce
wilh the eththcal Irquii'em¢nts thal arE relevant to OUT audil of the finai)cial slalemenls tn Ilie UK, inLluding ilie
I-.RC's fr.thi¢al liaiidard, and ive liave fulfilled our olhtr cthical rcsponsibililie% in accordance ii'ith tlie8e
requircmcnls. We b¢li¢vc that th¢ audit evidence have obtained is suifjcient and appropriatc to providc o
basis for ovi. opinioii
Coiiclusions r¢lating to going ¢on¢¢rn
In auditing the fing0¢ial statements., ive have LonLluded ihai ihe liustee'5 Use of the going concun basis of
acLout)lirtg iii Ilie preparation of the financial stateiiien15 is appropriate.
Based on the ii'oi'k wc huvc pcrfoi'mcd, Ive have not identified any Tnaterial un¢crtainti¢8 r¢laling to event8 1)r
conditions that, individually or ¢olleLtivelJ, may cast sigthifi¢ant doubt on the entity's ability lo continue as a
goiiig conL¢rn for & p¢riod ofai least 12 monlhs fix)m ivhen the tindncial sldlemenls aiE auihoj'ised for issue.
Our r¢5ponsibiliiies dttd tl)v rcsponsibilities of the trusttts ivith respect lo going coiicern are described iii the
Irl¢vant sections of ihis I￿pot1
Page 6

The Charity of William Willian
Illdepelldent Auditor's Report to the Members of The Charity of William WAlliams
(coiitinu¢d}
Other Anformfillo
Tlic other information c(>mpriscs thc infoiinatinn sncluded in thc annual r¢poil, Including thc Iru5tccs' rcport,
other than Ihc financial statetnenls and oiir auditor's report Iheiron. The Irustccs ai'¢ i'c5ponsible for the othcr
itJfoi'mJlivi) cvnlai1i¢d within the annual i'ewi'l. Our opinion oji the fittancial statements does not cover t]ie other
itJfoi'malioD and, except to Ihe e.¥tent othei'ivise explicilly sldled irt i)iii- rei)()rl, M'e du tu)t expre5S dlly furm ol.
a%suTan¢¢ conclwqion thereDn.
Our responsibility 15 lo read the otlier infoi'niatloll aiid, in doiNg 50, considei. wheihei. Ihe other iiiformalioii is
nJateYially it]con515lent ivith the finuncial staternenls or oui. knowledge obtained in the COUT5¢ of the audit, oi.
oihcrwi%c ai)pear.% to be mat¢rially mi&81alcd. If Ki'e idmiiify su¢h material 1ncoiisis￿ll¢lcs or )pparcnt maieriul
mis5t&ienients, Iv¢ aT¢ required lo deieimine whether this gives I'i%e to o maiei'ial mi%Matemeni in (he financial
slat¢m¢nts themselves. If, based on (he Kry)rk we hai'e perfoymed, we conclude tli&t there is a molei'ial
misslalement ol'ihis uiher informalion, we are required lo report Ihal fact.
We hayc nothing to repoil in this regard.
att¢rs wbl¢h we Are requlred to repoi* by exceptlo
In the light of our knowledge and undei%tanding of the charity and ils environment obtained in Ihe course of lh¢
Mudil, we h%iJe not identilied matei'ial misstatements in the Trustees. RepLlit.
We haiie nnihiiig to IEPOrt in rcspcct of thc folloMing mattci's wlieie the ChaTlties IAccounts and Report}
Regulations 2008 requires us to reportto you if. in our opinion..
•tlie infoi'mation given in tlie tru5te¢5' r¢pTrrt is incon515tent in any matei'ial respect with the fjnancial stat¢inent5'
or
4suftiLienl accouiilijig ircords have not been kept; OT
•the finaiicial stalcmcnts air iiot in agTe¢ment 74ryth tlie accouiiting reci)I'd%: or
'Ive have nul T¢L¢ived all the ijifoimation and explanations ive require fov oui. audil
Responsibilities of tl'U5tees
As explained more fully in the tnistees. respon5ibilitie5 statement {set out on page 51-. the trustees are
responsible for ihe preparation of tlie financial stalementy and foi. beiiig satisfied tlial Iliey give a ti'ue and fair
vieiv, and foi. such Intel￿al cDnli'ol as th¢ tru5tccs determine is nec¢s5ary to enable the PlEpaiation of financial
statements tliat are free from maici'ial mis8tatcmenl, i¥ht¢hti. due ti) fiaud OT crror
In preparing ihe financial statement5, the trustees are re5ponsihle for a5se55ing the chai'ity's ability to contiiiu¢ as
going conccrii, di%clo%ingJ 4ppliGabl¢, matters I'¢lated to going conc¢m and using thc going cgn¢¢Yn lia.sis of
accounting unless tht trustee% either intend to liquidate the chai'ity or io ctast npeYatiot)8, nr have M IE&listic
alierllalive but to do so.
Pag¢ 7

The Charity of William William5
Independent Auditor's Repor¢ to the Members of The Charity of Williani Williams
(eontinued)
Auditor Respon5ibilhlie5 for ihe audit of tlic financial 5tat¢m¢tyts
We lizve bccn appDinted a8 auditor undei. scclion 144 Charitie% Act 201 l and report in a¢¢tsTdanct imth the Act
and relevant regulations madc or having cffcct theirund¢r.
Our objectives are lo obiain r¢asonable assurante about ivhether the financial slalemenls as a whole are free
fI￿1n iiiat¢Tial ini%Elalemertl, whether duc lo fraiid or ciror, and ID issue ali auditor'5 report that includcf QUT
opinion. Reasi)nablc èssurancc is a high level of as%urance, but is not a guarantcc that an audÉt conduct¢d in
aCLordance with ISAS IUKI Ivill alway5 delect a niatei'ial Tni55tat¢ltt¢J)i Ththen it exisls.
Mi.88t3temeiils can ai'ise f1￿M fiaud oi. crror and ure coiisidered material if, iiidividually nr in the SLggie8ate, Ih¢y
could i'easollably bc ¢xpecl¢d to influenL¥ lh¢ econt)mi¢ de¢isions of users taken on the baS￿S L)f ihe5e fjnallcial
statemenls.
Irregularities, ith¢luding fraud, are instanccs of non-compliancc wth laivs and regulalioiis. We design pro¢edures
in line ￿1th oiir responsibilities, outlined above, lo detect material misslatem¢ntb' ith r¢sp¢ty¢ uf iiregiiloi'ilies,
including fraud. The exceiil to ivhich oui. proL¢duirs al'e capable of deteclirt8 ilY￿8￿larIIieS, iii¢luding fraud is
d¢tail¢d below..
Our approach lo identifying 8nd assessing the risks of materigl mi55tatemcnt in respect of in¢¥ulai'iii¢s,
in¢luding fyaud and non-compliance with laws and regulations, was as follows..
Page 8

The Charity of William Williams
Independent Auditor's Report to the Members of The Charity of William Williams
(contiiiued)
the engagement dircctor ensured that Ihe ¢iigag¢tn¢nt team wlleLiiv¢ly had Ihe appropriate competence,
capabililies, aiid skills lo i(lenlify ur reCo￿nise non-Lompli&ttce ivith dppliLdble laws and regulations.,
w¢ identified tli¢ law% 8iid rcgulalion8 applicable to the chai'ity through discussions iiryth trustees and other
managem¢nl, and fY()m aur knowlcdgc and experience of tlie chaTity sector.
w¢ focLL8ed on specific laws and iegulations ivhich w¢ con5ideiYd may have a direct niaterial effect on the
rinattLial slalcmenls or the opcrations of the charity* inrluding chai'ity T¢gulalions and health and %8fety
Icgi81ation',
• Ive assessed the extent of Lompliance wilh the laws aiid TegulatlOn5 identified above through making enquiries
of JnaTiagemenl and inspccting Icgal coii'espondcnce. and
identified laws and regulation5 were Lvmmithi¢al¢d wiihin the &udii i¢am Ye&vlarly gnd rhe team remained
alei'l tu ijistances of nun-Loiillplidn¢e thiY)ughuul Ihe audit.
We assessed the 5U5ceptibility nf the chai'ily's financial slatcments to matcrial misstatement, includin8 obtaining
en undei'5tahding of IK)w frAud might occur, by..
makin8 enquiries of managetnenl to ivhere they ¢onsideTed theit was susceplibilily lo fraud, their
knowledge of acllial, siispecl¢d, and alleg¢d fi?ud'
eonsidcring thc intei'nal Controls in pla¢e to mitigate risks of fraud and non-compliajjce wilh law5 and
Irgulaiion5; #nd
To addT¢55 the i'isk oFfraud through man&g¢Jnent bia5 gnd override of contiDI8 I￿..
pcrfomed analytical proccdure5 to identify any unusual or unexpected relationships.
tested jUUTnal entries to identity utjusual ii'an5aclions',
investig&l¢d Ihe r4tionale behind signifjcant or unusual tiHnsaclions,' and
Irt irsponse to the i'isk of iiyegularities aiid t￿n.¥0Mpli￿n¢e willi laws and regulations, we desi8ned proceduiEs
vhi¢h included, bul were not limitEd io..
* a8rc¢ing fin4ncial statcmctht di8clo%ures to underlying supporting documentation.
Ira(ling tlie minul¢s of meelin8s of those chai¥e(I with gov¢riiance',
enquiring of management as to actual ahd potential litigation and ¢laims'
Pag¢ 9

The Cbarity of William William5
Independent Auditor'5 Report to the Members of The Charity of William Williams
{contlDued)
Tli¢r¢ are iiihereiit limilatioThs in oiir audit proLeduirs described above. Tlie more renioved ihai laws
regulalions arc fi￿nI f5naiicial Ii'ansaclioiis, Ihc Icss likcly it is Iliat we wDuld beconie aTrYair of iiDn-cDmplianec.
Auditing.%tundaids also limit the audit i?rDcedure5 rcquired to idcntify iionrfoinpliancc with la￿ and rcgulations
10 enquiiy uf the ii'usi¢¢s and vih¢r muiia¥¢mtNt and th¢ inbP¢Ltion of i¢giuldloi)' dnd legal Lorrespoiidence. if
any.
Matei'ial misstatcmciils that arisc duc to fiYLKi can bc harder to detect than those tliat arise from eri'or a8 they
may involve deliberate concealmet]t or colliision.
A further d¢%cription nf o&ir r¢5PQll5ibililies for the audit of the financial 51aletn¢nls 15 located oti the Financial
Rtpttiting Council's weix8lte at.. Iwwv.frc.org.uklauditorsiespnn%ihilitlC8.
This descj'iption forins part of our auditor's rq)ort.
Use of ollr report
Thi5 ieport is Inade sol¢ly to the ¢haTity trust¢es, as a body, in accoi'daiice with se¢¢ion 144 of lh¢ Charilies Act
2011 and rcgkilalions madc iitsder section 154 of that Act. Our audit ivork has been iindertaken %0 thai ive tnighl
state to thc trustccs thosc mattcrs ivc arc Irquired to statc to trustees iii an auditors. Irport and for n(1 othry.
purw)se. To the fulle51 extent pertnil(ed L7>, law. we do not accept oi. assume iEsponsibility to anyone other than
Ihe charily and ils Irusl¢e5 as a bodyy for our audil woi'k, for thi5 repoil, or for the upiniun5 we have foiTred.
Edwards and Keeping Limited, Slatutoiy Auditor
lJnity Lhambei¥
34 High Ea%t 8treet
Dorchestei.
Dorset
I)'I'I I HA
Date..
Ed￿9rd3 and Keeping Limited is eligible for dppoinlment ds audi¢or of the eharity by virtue of ils eligibility for
Èppointmcnt as audiloi. of a company under section 1212 of Ihe Companies Act 2006.
Page 10

The ChAYity of William Williams
Statemenl of Financial Activilies for the Year Ended 31 December 2024
Unr¢5tr1¢t￿ funds
DesIg￿#te
GenerAI
Restrlot¢d
funds
TDtg1
2024
Note
Iiioomt Endowments froni:
Donati0tt8 ahd legaLies
Investment incom
Other income
5,360
5.360
574,730
3.940
574,730
3,940
Tolal ItsLoJne
578,670
5,360
5¥4.030
Expettdllure on:
Raising lunds
Ch?ritahle activities
other expenditure
126,4771
1400,0001
181,2941
1328,1901
4431
1107,7711
1731,8901
1443)
13,500}
To¢81 Ex'pcnditill
Gain511osse5 investni¢iit
asse15
1426,4771
1410,1271
13,500}
1840,104)
1342.2161
1342,216)
Net lexpertdiiur¢yinLLim¢
Cirn&% transf¢i¥ b¢twecn fvnds
1426,4771
209,951
1173,6731
1209,9511
1,86tJ
1598.2901
Net tllovemenl in funds
1216.5261
1383,6241
1,860
1598.2901
Retoncillation of
Total funds brou8hi foi'ivard
Total fllnd5 caiTLcd fonvard
874.845
.835,092
21,810
9,731,747
17
658,3 19
,451,468
23,670
9,133,457
The nules un IS Iv 30 furm uii iniegiBI part ofihese finaD¢ig1 siatemeiils.
Pagell

The Charity of William Williams
Statemelll of Finaneial Activitles for the Year Ended 31 December 2024 (eon¢inued)
Unr¢$trie¢¢d
Restricted
funds
Total
21123
DeslgthAted
GenerAI
Note
Endowments from:
Donalions Ind leBa¢ies
I￿V￿lM￿lt income
Oiher income
5,000
5,000
538,975
19,000
538,975
19,000
Total Tnc4)me
557,975
5,000
562,975
Expenditui'e on:
Raising funds
Charilable activitie5
Othci. cxpciidilure
Total Expenditure
liaili￿l0sStS on inV￿lMent
assets
1111,384)
1268,4391
{.769)
1125,5011
1268,9391
(3691
15001
1380,192)
1500)
1394,8091
(6,0091
(6.0091
Net l¢xpendilureyincome
Gross traDsfei's bettveeji fvt)ds
171,774
{449.12T)
4,51
162,157
449.127
Net tnoyement in funds
435.010
{277,353)
4,500
162,157
RetontilÉAtlon of funds
I'otal l?IDught foTivaTd
439,¥J5
9,112,445
17,310
9,569,590
Total fvnds cai'ried fonvard
17
874.845
8,835,092
21,81Q
9,731,747
All of tlie ¢haiity's aclivitic% dcrive from ￿l￿tInuing ope¥ations duriiig the aLK>ve two periods.
The funds br¢gkdown foi. 2024 is sho1￿ in nol¢ 17.
The nolcs on pages 15 to 30 foym aji Inte￿21 parl ot these finaiicial statemails.
Pagc 12

The Charity of William Williams
(Registyation number: 202188)
Balaiice Sheet as at 31 Decenibey 2024
2024
2023
Not¢
Ixed Hssels
Inveslm¢iiis
8,222.439
8,043,196
Cllrrent a58ets
Debtvrs
Ihsrcslmeiits
Cash al bank and in hand
34,397
767,672
201,818
1,066,226
506,170
230,040
14
1,003,887
1,¥02,436
Creditors: Amounts falllng due ivlthin oiie year
16
192,8691
Net rurr¢nt asstts
911,018
1,688,551
Net i$stts
9,133,457
9.73 1,747
Fund5 of th¢ ¢h4rlty'.
Restricted iThcome funds
R¢￿rIcted funds
23,670
21,810
Uiire5trioted income funds
Unreslricted fuiids
Rei'alualion ir5¢1V¢
6,719,¢X>6
2,390,7R I
6,976.532
2,733.405
Total unrestricted fut)(Is
9,109,787
9,709,937
Tot41
9.133,457
9,731.747
The fin¥t
I staremenls ot) pages I I 10 30 were apprvvrd by tlie ii'uslees, and duihorised foi. i55ue on
nd signed L)n iheii. belialf by..
Mr R Cowlcy
Chairman and iru5te¢
The no1¢5 un pages 15 10 30 torm ali irkle8121 parl ofihe3e fiThaJicial 5tal¢ni¢nts.
Pagt 13

The Charity of William Williams
Cash Flow Sta¢emellt for the Year Ended 31 December 2024
2024
21123
Trlote
C98h flows from opeY#ting xetivilic5
Nel cash {expendiltsreyin￿?tne
1255,6661
168.166
Adjustme￿IS to ¢ash flows llon-cash Items
Investment income
1574,7301
{538,975)
11130,3961
1370.8091
Worklng t*pltal #djustiJxeiJt5
Decregscllincrcascl in dcbtors
11)tcira5ellincrea5e in ci'editOL'S
IDe¢iTaseyin¢rease in defthTed ineon)e
13
16
I,U3I,829
118,4651
2,551
11.017,7441
32,595
3,760
Net Cash tli)ws tiDTn operating activit1¢5
180,417
11,352,198)
C45h flows frorn inve5tiDg activitles
Inlercsl reccivable aiid %imilar income
Puirha8e of ini'eslmenrs
Sal¢ ot inv¢5tmetJ18
Income fiom dii'idendg
574,432
{1,255,5651
472,196
298
538,586
{12,9571
4,953
389
Net casli floivs froin investing aclivilies
208,6391
530,971
Nct deLTed5¢ in cash and cash equ￿valentS
128.2221
230,04
1821,2271
C&%li &nd Cash equivalcnt% at l January
Cash and cash equivalenls at 31 December
1,051,267
201,818
230,040
ReconciliRtion of net ogsh flow to movemtnt lrt nei funds
Decr¢a5¢ iii ¢asli
(28.2221
(821.2271
Net funds at l Jalliiaiy 2024
230,040
1,051,267
Net funds at 311)ecembei' 2024
201,11111
230,040
All of the cash fl()ivg atc deriiped from continuing opci?lion5 during the above t¥vo pei'iods.
The notes on pagc8 15 to 30 fom an intcgr41 part of these financial.%lalcnients.
Page 14

The Charity of William Willixffls
Notes to th¢ Financial StAtements for the Ycar Ended 31 Dec¢mber 2024
l Aceountlng policies
General infomAtlon And bfisis of accounllng
Tlie charity is ali uiiin¢orpoi'ated cliarity.
Tlie principal accoujitiiig poliLies applied in the preparation of the finaiicial %latemenls are %¢t out below. These
policies have been con515tently applsed 10 all thc year5 prcscnted, unless oiheiwisc stated.
Thc fjnancial statcments have been pi'cparcd under lh¢ hisioric cost eonventiun, 4$ modilied Liy the revaliiation
of certain fjxed a55¢ts. They have been prepaTed in aLcordance with 'Accoulltiiig aiid RcpoTling hy Chjriiie8
ISORPI, appliLable to chai'ilies prepai'ing Iheir 4lLLoiinls in accordancc with th¢ Financial Rcporling 8tand&ixl
applicable in Ihc IIK aiid Rcpublic of Iieland 11.-RS1021 effective from l Jajjuary 2019 ChJi'ilies SORP IFRS
102).- the financial Rcporting qtartdard applicable the UK and Republic of Ireland IFRS 1021 and the
Charili¢s Act 2011.
The Lharity coD51itute5 a puhlic entity a% d¢fiiied FIl8102. A8SCt5 and liabilities are initially irvvgwnised al
historical cost or trnrtsa¢tion valuc uThle55 Othenwse st8ted in the relevant acLvuDiing policy note.
The Trustees coThsidei' there are rto malerial uncertaintie5 about the Chariiy's ability to ¢ontiniie as a going
Inco￿¢ retoznilion
All illcom¢ is I'eLugTrnised a¥ a5 the Chai'ity has entitlement to (he income. it SS PToIMble that the incomc will
bE J'ec¢ived and the amount of ij)¢onic receivablc cali k M￿sur¢d reliably.
iivcslment incotne is recognised on a r¢c¢ivdbl¢ basis and is shoilryi wos5 of income tax recoveitd and
recovei?bl¢, Other income is account¢d lor on ihc basis of anioiint5 1'¢c¢ivabl¢ foi. the yegr.
EKp¢ndAture
All expenditure is reeognised as soon as there 15 a legal or co￿$t1.uC(ive 061i8ation committing the Chayity to that
expenditui'e, it is probable ihal %¢tllemenl will be required and th¢ aniount of thc obligatinn can bc mea5Ultd
reliably.
All expendifUTe is accounted for on the d¢¢tual basis, inclusive of irrecoverable VAT.
Raishng fuiids These are costs aT¢ iii¢urrcd in attracting voluntary income. thc managemenl of investments aE]d
those incurird in ti'ading actii'iti¢s that ri)ise funds.
Chai'iiable ¥clivities . Chai'ildble expenditure coinpri5¢S thDSe eosls incurred hy the c.harity in dclivcry of its
aLtivities and 5eTvices for its beiicficiaries. (i iiiclude% both costs that can b¢ allo¢atcd directly 51) buch activities
and those ctb%ls of an indirect nature lleccssai'y to suppoit thcm.
Pagc 15

The Charity of Willl#m Williams
Notes to the Fillalleial St#tements for the Year Ended 31 December 2024 (c¢)Dtinued)
Invtstmetht$
Fixed Ass¢t inv¢stm¢nt5 aTC included al faiT value at the balance sheet date.
Real￿se￿ gains and losses on inve5tinenls are calculaied as the difference bett¥¢et) sales proceeds and their
market value at Ihc siarl ul. the yeai., OL. Ilieir subsequenl costs, and ar¢ Lhai¥ed or crediled to the st3t¢meni of
finuncial activtties in Ihc PCTiod of di%posal.
Unredlised gairts and Ios5¢5 represent the movement in the markct value durtng th¢ year and air creditcd oi.
chai'gcd io thc slalemeiil of financial aclivites based i)n the maTk¢l i'alue at Ilie end ot'the year.
Adju5tiiig events After the flts#ntlil periud
Aller Ihe year end, Ihe lYusl¢es forinttlly agreed in January 2023 to waive the outstanding mortgage loan of
£36.OOQ oTrYcd b), Blandford Opi)()tlunity Group. -l-lie iiileiition to ivaive Iliis loaii had been under aciiv¢
discu55ion 5incc Scptcrnbei. 2024. prioi. lo Ihc l)alance Sheet datc of 31 Deceinbcr 2024.
In accordance iyiih FRS 102 .8eclion 32, (liis is Irealed as #n adjusting event after the repoJtii)g period. As a
result. thc charity h&s I￿￿)g￿lS¢d tli¢ waiv¢i' of the £36,000 loan its the financial stal¢menls foi. Ihe ye&i' ended 31
DeL¢mbeT 2024.
Debtors
Trade d¢btors Are remgnised at the settlenient amount aficr any ti'ade di.qcounts offered and any appropriate
allowaiices foi. iyrecoverable #mounts. Prepayments 8ie valueLI at the amount paid in adVa￿te for good.g and
services provided lo Ihe Charity
Creditors
TiTrde credii(Irs ar¢ stated ai Ihe oi'iginal iovuiL¢d atnounl.
Dcferred iiic4)mc repr&s¢nts revenu¢ rcceived or invoiced in advance of the serviccs IEndeiEd. tieveiiue is
JELognized in accordgn¢¢ Ivith the 51agc of completion of the 5cfvLces &t the rcporling date. Wh¢ii the
pEI'loi'niaiice obligaliun is satisfied, revenue is recogiii£ed.
A¢¢ruals L'epTe%cnt cApcnses incurrcd but iiot ycl paid or invoiced as of the repurtiiig date. Expel￿eS
recognized H'h¢n ihe good5 Ol. 5erviccs are IEceived or Uliliztd, r¢g￿lI￿lesS of thc liming of the i)ayincnt.
Fund accounting polieles
Ut]rcstricted inconie funds ar¢ general fuiids that are availabl¢ foi. use at th¢ trustees discirlioji tn the tiirth¢Tance
of the objec(ives of the Charily.
D¢%ignated funds are unirsti'icted fund5 set a5id¢ at ihe discirtion ofihe iwsiees lor specific purpose5.
Reslrieted income funds are those donated foy us¢ in a particular aira or for specifjc pupos¢s, the of which 15
restricted to Ihat area or puiyos¢.
Furthtr details of cach fund aiE dis¢losed in notc 17.
Page 16

The Charity of Willixm Williams
Notes to the Financial Statemenls for the Year Ended 31 December 2U24 {continued)
Taxation
'Fhe C.'haTily of William Williarn8 is a regi%iered charity and accx>rdiNgly is exempi from taxation it's irt¢ome
Trvherc they are applied for charitable purposes.
The ehJrily is registered foi. VAT and is therefoie able to r¢cov¢r VAT on certain cxpeiiditure.
Inv¢$tment properlie5
Invo%lmeht pl￿perty is eari'ied #t fair value, derived from the curreni niarket pi'iees provided by speLi*list
orgaiii8ations.
Progrfimme i'eliled Invtstmenf5
I>IDgTomme rclalcd invesirnenis Are made exclusively to luriher ih¢ charity's aim5 by funding $peLifie aelivitie5.
Conce5sivnary l(ians are either initially nieasured at the amount rcc¢iv¢d and paid and thcn adjusted in
siib5¢queNt year% to retlcct rcpayincnts, interest and any impaiim)ent.
Current asset investment5
Cui'r¢nt investmen15 are included at the loMEr of c05t and nct i¢&li$ahle value I market value.
CA8h eash equivalents
Ca8lJ and cash ¢quiYalenls compi'i5e cash (In hand und call deposits, and otlier short-lemi highly liquid
inv¢slmen15 that art Ir&dily convcrtibl¢ tts a kni>wn amoiinl of ca8h atid are subje¢t to an insignificdnl rsbk of
change iii value.
Page 17

The Charity of WilliAm Williams
Notes to tbe Financial Statements for the Year Ellded 31 December 2024 (colltinued)
2 1￿COme from donatlorts legAcie5
Re5traeted
fuiids
Total
lunds
Donations and legaci¢s;
Doiiations fr(Im individuals
5,360
5,360
Total for 2024
5,360
5,360
TotAI for 2023
5,OUO
5,OQO
J Investment lll¢ome
Unr¢$tricttd
nds
GeiierAI
Tot*1
2024
TrFtAI
2023
Income from dividends;
Dividends ￿¢¢￿Vab[C fyom other listed inve%tmemts
InteiEs1 receivabl¢ and sirnilai. LiILume',
Iiilei'est receivable nn hank dcposTts
Inleirst receiv#ble on other loans
In¢om¢ fron) rents
298
298
389
27,738
1,685
545.01i6
27,738
1,688
545.006
31,187
6,750
500,649
574k,730
574,730
538.975
Page 18

The Charity of William Williams
Noles to the Financial Statemenls for Ihe Year Ended 31 December 2024 {contlDued)
4 Expenrliture ralslll% lunds
a} lthvtstment manag¢mtnt eosts
Ullre5tricttd funds
Designated
GenerRI
Tot*1
2024
Oiliei. inve51nient nianagcmenÈ cost%',
PIDpcity insur&n¢e costs
Oth¢r propei'ly cost5
PIDpcrty' repails. renewals and maintciiance
Property managem¢nt Commission, legal fees
etc
7,373
3,533
7,373
3.533
26.477
26,477
70.388
70,388
26,477
81,294
107,771
Ilnre5trict¢d fllnds
DesigKated
GenerAI
Total
2023
Othcr inveslii)en¢ Miat)agement cost%',
Bad debts writt¢n off
Prui)¢rty iJisui2iice cost5
()thcr propcjty costs
PIDperl)' repaii's, renewals dnd maintenance
Propcrty. nianag¢mctJt coinmission, legal fees
etc
30,708
10.439
1,939
30,708
10.439
1.939
14,117
6¥,298
68,298
111,384
125,505
5 ExpcNditure on ¢h&ri*able Aetlvltles
UiireslTlCt¢d funds
Designattd
General
R¢5ttltted
ruttds
Totsl
Relief for those in
need- 8Yallts to
individuals
Relief lor those in
nccd- gTanl% to
Institutions
Edu¢alion- 8rants to
individuals
l.()an waived
Goi'eriiance c05ts
64,573
64,573
400,000
60,431
460,431
119,8C)9
36,000
47,517
3.500
123,369
36,000
47,517
TotAI for 1024
400,0110
328,390
3.500
731,890
Page 19

The Charity of William Williams
Notes to the Finaneial Statement5 for the Year Ended 31 December 2024 {eontinued)
Unrestrltted funds
Designate
C¢ncral
Restricted
funds
TotRI
funds
Total foT 202J-18ee
aDaly.8i8 below)
268.439
500
268,939
Unrestricted
Restricted
funds
Total
2023
GeiierAI
Relief Enr those in need- granls lo individua15
Relief for those in nccd- grant% to institution5
Educalion- gi'dljts tts iii(lividuals
Allocatcd support costs
GoverJwiLe costs
53,884
35.715
17.9.13
202
60,705
53,884
35,715
18,433
202
60,705
soo
268,439
500
268,939
Governathee ¢ost5
2024
2023
Trustees expenses
Sundry and other costs
Adveriising and promoliun
Accountanc}' and bookkeeping
Auditor%' I￿lI1Vt)eI.atlots
228
165
245
90
526
496
21.146
4,389
24,342
15,020
20.U33
CleJ*s at)d adminisiration fees
20,406
Trustee8 in8vrance
576
558
47,516
60,704
Page 20

The Charity of William Williams
Notes to the Financial Statements for lh¢ Year Ended 31 December 2024 {contlDued)
6 Other exPe￿￿llUre
Unrestrleted
Total
funds
C¢n¢ril
Bank charge5
443
443
I'otal for 2024
443
443
To1￿1 for 2023
369
369
7 Crant-maldng
AnA]ysls of gr4nt$
GraDts to lustltlltlons
21124
2023
Grants to Individuals
2024
2023
Anxlysls
Relief of those in need
Educatioii
460.431
35,715
64,573
123.369
53,88di
118,433
460.431
35,715
187,942
172,317
Th¢ siipport Costs a&sociAted with pjant-making al'e £Nil131 December 2023 £Nill.
Pagc21

The Charity of William Williams
Notes to Ihe FinaneiRI Slalements for the Year Ended 31 December 2024 (contlnued)
Beloiv are delails of material 8ranls niad¢ lo it)s(itutions.
2024
2023
Nxme of insliliitlo
Activity
Blandlord Food Bank
Rclicf of those in n¢¢d
mi.scellaneous- Iittder £1,000 ¢ach
Relief ot those in need
Shaftesbuiy Car link
Relief of those its nctd
Stutminsler Horn¢ Siait N Dorset
Relief of Ih05e in need
Blandford Forum - Cnrn I'.%chunge
Relief of those iii nccd
Shaftesbury- The Bj'ave & Delei￿lited Relief of ihose in need
Blandford Yoiiih Club
Rclicf af those iii nced
S¢ui'mii)stei' High Scliool
Reli¢luf ihose in t)ced
Sh]rminster- T)C. William% Barncs Sch RLlicf of Ilia%e in need
1,975
7,451
2,000
2,715
3,U
400,000
7,51XI
15,000
15,000
39,750
1,755
46U.431
35,715
Page 22

The Charity of William Williams
Notes to the Financial StAtements for the Year Ended 31 December 2024 (continued)
8 Trustee5 r¢mlllleratioii expenses
DuritJ8 the year the charity m&de thc folloiving ti?nsaclions wthth Iru5tees'.
Mr H Whlte
£45 12023.. £321 of expcnse8 reimbursed to Mr H White dursnbT Ihe year.
Thc aboiie expeiidiluir look plaLe tsji 17 April 2024 3iid relates to mile&8c foT a meeting.
Mrs C Sharp
8012023.. £Nill of expenses were reimburs¢d to Mrs C Sharp during the yeaT.
Tl)e abuve expendituir took placc on 15 1.ebruary 2024 gnd ivas a taxi ti'ip to Dorchesier dnd back to Blandford
for a property ViSjt.
No truste¢5, nor any persons Lonnected with them, havc re¢cived ally remuneration flvm Éhe chariiy durin8 the
yedr.
No ITUStees have receiiied any oiheT benefits from the chayity during tlie year.
9 Staff costs
Thc aggregate payrvll costs were a5 11)IIow5'.
2024
2023
St#ff costs during th¢ y¢#r were:
Other stoff cos15
20,406
20.033
Staff cost8 arc the f¢es ¢hai'ged by Symond5 and Sampsun who provide the Stc￿.&1￿18hiP futL¢lion.
No employce reccived emolument5 ufmore thali £60,000 diiring tli¢ ye#r
10 Auditors, r¢muneration
2024
2023
Audst ofilie fillanLial slal¢tnents
15,020
othcr fees to audhtors
All otl)er non-audil services
12.3711
15,948
Page 23

The Charity of William Williams
Noles to the Financial Statements for the Year Ellded 31 December 2024 (eontinued)
11 Fixed a55et siivestnithts
Investment properties
Investment
pi'opert1¢5
Cost or V*luatio
Al l Januai'y 2024
Revaluation
Additions
7,570,000
1342.6241
992.624
At 31 DeceinbcT 2024
8,220.000
Provi510I1
At 31 Dec¢tnber 2024
Nei book value
Ai 31 DeLeii)ber 2024
8.220,0110
At 31 Dcccniber 2021
7,570,000
The inv¢bim¢nt poiifolio was valued at fair value in E)eccmbrr 2024 by S>'monds and Sampson LLP.
Page 24

The Charity of William William5
Nofes to the FinanciAI Statements for the Year Ended 31 December 2024 (continued)
Other thvestmeiits
Llsled
lllve5tm¢iit$
TotAI
Cost or ValuatloD
At l January 2024
Disposa15
At 3 1 Decembcr 2024
10,696
{10,6961
10.696
(10.6961
Net book value
At 31 December 2024
At l January 2024
10,696
10,696
12 Social i￿veStmeNtS
Programme relAted investm¢nls
ProgrAmme
Relate
Inve5tmcuts
T•tAI
Cost
At l January 2024
Additions
Repayments
Loan ivaived
462.500
1.439
{425,500}
1.16,000)
462.500
1,439
1425.500}
136,00a1
At 311)c¢ember 2024
2,439
2.439
Provisio
At 31 December 2024
Net book value
At 3 1 December 2024
2,439
2.439
At l January 2024
462,500
462,500
Page 25

The Charity of William Williams
Notes to the Finallei#l Stalements for tb¢ Year Ended 31 December 2024 (continued)
£425,UOO- Cedars Castle Hill- RepaymeJ]t of the loan wa5 made on 17ih Apj'il 2024.
£36,000 Blandford Opporliinity Giy)iip -The loan 18 8ecured by way of a moilgagc ovcr frcchold property.
Interest is LhJrb?ed at a fjxed Kale of i°/0 p.a. Dui'ing the year, Ihe charity waived a loan of £36,000 prryivubly
made tu Bl&ndli)ixl l)ppurlunity CITOilI?. The amouni has been ivritten oty and IEmuved Irum pix)gratt)me relaied
investment.
£I,000- Shafiesbury s￿l.15 Club- The loan, is illteresl free and repayable over IhTee years.
£1,4138.74- 1.oan (o Rhiain Price- I S¢ptembcT 2n23. A one off ty'pe of loan as agreed by Tixjstees. Rcpayinenl
to commen¢e 14 September 2026.
IJ Debtors
2024
21123
Ti¥d¢ debt(Irs
Prepayments
A¢¢i'ued income
833
55.770
1.010,456
26,209
7,355
34,397
1,06C),226
14 Current asset Investnients
2024
2023
Cash deposits
767.672
506,170
15 Cash And cash equlvAleiils
2024
2023
Cash al baiik
Short.tei'rll deposits
147,947
5.1,871
100,404
129.636
201,818
230,040
Page 26

The Charity of William Williams
Notes to Ihe Financial Statements for the Year Ended 31 De¢¢mber 2024 (continued)
16 Creditor5: amounts falling due wilhin one yeAr
2OZ4
2023
Ti?de ¢reditOTS
VAT liahility
Acei'uals
Defeii'ed income
1.245
12,085
22,199
57,340
24.nOQ
4.974
25.02
59.¥91
92,869
1.1.885
P4ge 27

Tbe Charity of WÉlliam Wslliams
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
17 Fund$
Balanre 41
Balaiicc at I Incoming Kes(>urce
Jan 2024
rcsourccs expended
Transfer5 rccogniscd
gains1110&*¢5)
Dcccinber
2024
Resfrieted fmnds
Mr R Conncll l()rbiEI
10,310
5,360
13,0001
15001
13,5001
E2,670
11,000
23,670
M Owen
1,500
21,810
5,360
Gtn¢r*l
Revaliiation rtteive
2.7.1.1.405
2.733,405
Uni'estrietcd iii¢ome fijnds
6,101,687
578,670 1410,1271 1209.951) 1142,216} 5,718,063
8,835,092
578,670 1410,1271 1209,9511 1342,216} 11,451,468
DeslgnAte(I fullds
Pix)peity repairs fund
C.onimilttd ￿artt8
184,845
690.000
126,4771
54,501
1400,0001 155,450
212,869
445.450
874.845
1426,4771 209,951
658.319
TotAI funds
9,731,747
5x4,030 1840.1041
1342,2161 9,133,457
Balance at I Inc(>ming Reso￿￿¢¢$
Jat] 202.3
i'e8nurce
expended
Other
'I'rahsf¢rs r¢eogni8ed
88insJllosse5)
De¢¢mber
2023
Restrlet¢d
Mi. R Connell Iorbisl
M Owen
5,810
11,500
5,000
(5001
10,310
11,500
17,310
5.000
{5001
21,810
General I￿nd
Revalmatson T¢servc
2,739.414
6.373.031
16.0091 2,733.4f)5
6,101,686
Unitslricted in¢ome ￿nd
557,975 1380,1921 1449,127}
9,112.445
557,975 1380.1921 144Y,127}
16,0091 8,835,092
Designated funds
Property IrJHir funds
C'.ommittcd gI￿nts
149,835
290,000
114,117}
49,127
400.000
184,845
690,000
Page 28

The Charity of WilliAm Williams
Notes to the Finanei21 Statements for the Year Ended 31 December 2024 (continued)
439,835
(14,117) 449,127
874,845
Tot81 funds
9,569,590
562,975 {394,809)
(6,009) 9,731,747
Restricted funds:
Ibc donation fiY)m th¢ estate of the late Michael Owen 15 to be used for the educational need of Blandford
iisidents only.
The daiiatian from Mr Conrtell {Orbis) is to be used for the educational needs of Blattdford residents sludyillg
away froin lioin¢.
Committed gi?nts:
2024
2023
Sliaftesbllry Town Silver Band
Sturminstcr Ncwton Youth Project 4
Blandford Corn Ex¢han8e
Yewstock School
40,000
400,000
40,000
250,000
400,000
5,450
445,450
Mr Joe Rose is a Mem￿1. ofihe Sturmin.st¢r Town c.ouncil - Sturminster Newton Youth Club.
690,000
** Mi. H White is a member of the Town Council (This membership ceased on 2nd May 20241
18 Analysts of iiet flssets between fuDd$
Total funds at
31 Decembor
2024
Uiirestricted funds
Genei'al
DesiRnAted
Resti'leted
funds
Investment properties
Progryamme related ￿nVestments
Currettt assets
Creditoi¥ over l year
8,220,000
2,439
321,898
92,869
8,220.000
2,439
1.003,£87
92 8691
658J19
23,670
Total net &qsels
8,451468
658,319
23,670
9.133,457
TotAI funds at
31 De¢embtr
2023
Unrestricted fuDds
General
Dosignated
Restricted
funds
Investsnent properties
Fixed asset investments
Programmc related investments
Current assets
CuiTent liabilities
7,570,000
10,696
462,500
905,781
{113,885)
7,570,000
10,696
461500
1,802,436
{11.3,885
874,845
21,810
Total nct asscts
8,835,092
874.845
21.81Q
9,731,747
Page 29

The Charity of WAlliam Williams
Notes to tlie fiinaneial Statements for the Year Fnded 31 December 2024 (continued)
19 Related pai'ty tran8&ctions
The￿ were no i'elated party tiwisactions ill the year.
20 Non Adjusting ewethts #ftei. the financial period
At the balance sheet date, tlvo properties were subject to ¢ontraet, widi completioii expected in Maiih 2025.
These transactions are considered non-adjustit]g post-balance sheet events, and no adjustn]ents have been made
in these fsn£tncial statements.
15 Morttebourg House- Sale #greed for £97,000
4 Sprihgfield Close- Sale agreed foi. £190,000
The proceeds from these sales will be reCo￿liSed in the next fInancial year.
Page 30