Charity registraiion number.. 211528
Folkestone Municipal Charity
Annual R¢wJrt and Financial Ststemenls
for ihe Year Ended 31 March 20?5
Beresfords
Ch¥rtered Certified A¢countants
1-2 RhtMIiuTn Point
Spindle C105e
Ha￿￿7n￿e
Folkesione
K¢nt
CT18 7TQ

Folkestone Municipal Charity
Contents (eolltinued)
Reference and Adminisiralive Deiails
Trnsiees. Report
2103
Independent Examinerfs Report
Statement of Financial Activilies
Balance Sheet
Notes to th¢ Fin¥n¢ial Sthi¢menlS
7t013

Folkestone Municipal Charity
Referen¢¢ 2nd Administrative Details
Truste
Mts S Thorne
Mr RC West
Mr R C P Medlico
Mrs M Hunler
Mrs R Braid
Mr J Bonomy
Cllr N Kttn
Cllr L MCGI
Cllr B Walker
Cllr A Lockwood
Mr P Wesi
Charity Re8lstrAtlon Number
211528
Prln¢ip81
Romney House
Cliff Road
H)qh¢
Kent
CT215XA
Ind¢p¢ndeDt Examiner
Beresfords
charter￿ Cenified Accounthnts
1-2 Rhodium Point
Spindle C105e
Hawkinge
Folkesione
Keni
CT18 7TQ
Page I

Folkestone Municipal Charit),
Trustees, Report
The trust¢¢s present the annual rep)rt iogether wilh ihe financial ststemenls of the ¢harity for the year ended 31
Mar¢h ?025.
Objectives and activities
Objecls oud aim5
The objeciive of the chariiy is io provide relief in need to residents of Folkesll)ne by provision of grants to
individuals or organisaiions and by pa>'meni of monthly awards io needy r¢sid¢nts.
OlJJeLilves. slraiegles and aclii'illes
The chariiy receives referrals from social services Jnd oiher sour¢es. All cases are refetTed io the committee of
Irustee8 or, in cases of emergency, 10 Such M¢M￿r5 of ihe executive comminee as are available.
Relief in need. when sanctioned by the Irustee$. is made available wherever possible by pa)Trent direc¢ 10
suppliers of goods and 5ervice5.
Publlc beneJ71
The irust¢e5 confimi thai they have complied with the requiremenls of sedion 17 of the Chariiies Aci 201110
have due regard io ihe public benefii guidance published by the Charity Commission for England and Wales.
Grnni moAlnRpollcles
The trustees as a &iTOUP meel in order lo decide upon grani applicaiions. Granls are made if ih¢ trusiees feel the
application has merit and 15 in line wilh ihe charity's consiiiuiional aims.
FiD8n¢ial r¢vi¢w
Pollcy re.ierve.T
The ITU5tee5 maintain a reserve of £33.0(KJ in order to fund any unanticipaied expendiiure or lo cover lh¢ nonnal
expenditUT¢ of ¢h¢ charity should ihcre be a change in ihe incomin8 resource5. Any other unr¢5tricted funds are
lo bc spent in ac¢ordanc¢ with the charity's consiiiuiion.
Imvesimenipollcy ond objeeflves
'rhe irusiee5 have the wwer io invest in such 055e15 ¥5 they see fil. Due io the preseni market condilions, the
trustees consider Iheir curreni investments to be lh¢ most appropriate in order io generate income to meet their
aniicipaied expenditure.
oing ¢oTh¢ern
After makin¥ appropriate enquiries. the tNstees have a resonable expectation Ihat ihe chariiy ha5 adequate
resources to coniinue in operdlional existence for the for¢5eeabl¢ future. For this reason they conlinue to adopt
the going concem basis in preparing th¢ financial statements.
The Irustees have considered the circumstances of Covid 19 and do noi regard ihem having an impact on the
Charity's ability io coniinue as a going concern.
Structyre* governwn¢¢ ¥nd Management
Naitsre olgovernln£ d()cumeni
The charity is conlrolled by its governing diKumenl. a deed oftru5t. and consiiiuies an unincorporated charity. It
was regisiered wilh the Charity Commission with effect from 29ih June 1984 under ihe charity number 211528.
Page 2

Folkeslone Municipal Charity
Trnstees. Report (eonlinued)
Recrmlimenl undoppolnlmentoflrystees
Trusiees are appointed when a vacancy occur5 by Fwsonal rttommendaiion from existing tTUStee5 and elected al
an annual general meeting.
St8t¢ment of Trust¢e5' Responsibililies
The irusiees are responsible for preparing ihe trust¢¢s' r¢rrfJrt and th¢ financial slal¢mcnt5 in accordan¢¢ with the
United Kingdom Accounting Stsndards (Uniied Kingdom Gen¢rnlly A¢c¢pted Accounting Prydcticel and
applicable law and regulations.
The law applicable io chariiies requires the irusitts io prepare financial siaiements for each financial year which
giv¢ a true and fair view of ihe s￿le of alTairs of the charity and of ihe incomiThg resourceg and applicaiion of
r¢sour¢¢s of ¢h¢ charity for thai period. In prcparing Ihese financial staleMen￿ the I￿Si￿S are required 10..
select suiiable accounting polici¢5 ih¢n apply thern consistently:
observe the meihods and principles in the Chariiies SORP:
mak¢ judgements and estirnales ihal are reasonable and prudenl..
State whether applicable accouniing siandards have been followed. subject io any maierial departures
disclosed and explained in the financial siaiements: and
prepare the financial 51atem¢nts on ihe goin8 concern basis unless it is inappropriate to presume that ihe
charity will continue in business.
The tNslees are responsible for keeping proper a¢couniin8 records ihai disclose with reasonable accuracy ai any
time the financial position of ihe charity and enable them io ensure ihai ihe financial siaieinenis comply wilh Ihe
Charities Act 2011, the Chariiies (Accounis and Repons} Regvlaiions 2008. and ihe provisions of the
constilulion. The truste¢s are also responsible for ￿f¢guYTdIDg the assets of the charity and hence for taking
reasonable steps for the prevenlion gnd dettrtion of fraud and other irregularities.
The iru5tee5 are responsible for Ihe maintenance and iniegriiy of the corporaie and financial infomiation
included on the charitable company's websiie. Legislaiion governing the preparation and dissemination of
financial st4tements may differ from legislation in ￿h¢T jurisdiciions.
The annual report was approved by the trustees of the charity on .Il. .
. Qr. and signed on lis behalf by..
Page 3

Folkestone Municipal Charity
Independent Examiner's Report to the truslees of Folkestone Munieipal Charity
I report to ihe irustees on my examination of the a￿Ounts of Folke510ne Municipal Charity for the year ended 31
March 2025.
Responsibilities and ￿S15 of T¢por¢
A5 the Lhariiy irusiees of Folkesione Municipal Charity you are responsible for ihe preparaiion ofthe accounts
in accordance with the requirements of thc Charities Act 2011 I'th¢ Acl'l.
I report in respeci of my examination of ihe Folkeslone Municipal Charity's accounts carried out under section
145 of the ?0 I l Aci and in Ca￿'Ing oui m). examinaiion I have followed all the applicable Direciions given by
the Charity Cvminission under seciion 14515Mb) of the Ac¢.
Independent examiner's staternenl
I hav¢ conipleied my ¢xamin3lion. I confim) thai no ma￿rIal matters have come to my attention in ¢onneciion
ith the examination giving me cause 10 believe ihai in any material ￿$￿¢1..
l. ac¢ouniin8 records were not kepl in respect of Folkw¢one Muthi¢ipal Charity as required by section 130 of
the Aci: or
2. the accounts do not accord with ihose Yttords: or
3. ¢he a¢¢ounis do noi compl). wilh the accouniing requirements conc¢rning th¢ fom and content ofaccounis
set oul in ihe Chariiies IAccounis and Reponsl Regulaiions ?Th)8 other than any requirement ihai ihe
a¢cvynts 8ive a 'irue and fair view. which is not a matter consid¢r¢d as part of an independeni
examination.
I have no concerns and have ¢om¢ across no other maffers in conneciion wilh ihe examination to which alleniion
should be drdwn in ihis report in ord¢r io enoble a proper Unders￿ndIng of the accounts to be reached.
Mr Daniel Payne FCCA
Beresfords
Chartered Certified Accounlants
1-2 Rhodium Point
Spindle Close
Hawkinb>e
Folkeslone
Kent
CT187TQ
Date..
Page 4

Folkestone Municipal Charity
Statement of Financial Activities for the Year Ended 31 March 2025
Unrestricled
funds
Total
2025
Note
Income and Endowrnettts from:
t)onations and legacies
Invesimeni income
60,0(K>
136.877
60.000
136,877
Total income
196.877
196,877
Expenditure OTh:
Chariiable activities
(149,038)
(149,038)
Total expendiiure
Gainsl(losses) on investment assets
1149.0381
179.985)
1149.038)
179,9851
10
Nei expenditure
Net movement in funds
13? 146)
132,1461
132.1461
132.1461
RecoDcili8¢ion of fynd$
Total funds brou8hi forward
4.604.130
4.604.130
Total funds carried forward
13
4,-$71.984
Unrtsiricitd
funds
4.571.984
Total
2024
Nole
Incorne And Endowrntntg frorn:
Inv¢sth)eni incom¢
134.813
134.813
Total income
134,813
134,813
F.xpeDditure on:
Charitable ac(ivi(ies
(160,?89}
(160,289)
Total expenditure
Gainslllosses) on investment ￿ets
1160.2891
259.484
1160.289}
2$9.484
10
Net incom¢
234.008
234.008
Net movement in fund$
234,008
234,008
Rteoncili#tion of funds
Total funds brought forward
4.370.121
4.370.121
Total funds caThied forward
13
4,604,129
4.604,129
All of the charity's activities derive from continuing opernlions during the alx)ve two period5.
The funds breakdown for 2024 is shown in note 13.
The notes on pages 7 10 13 forni an iniegral pan of ihese financial smements.
Page 5

Folke5tone Muni¢ipal Charity
(Registration number: 211528)
B21ance Sheet as at 31 March 2025
2025
21124
Note
Fixed assets
Invesllnents
10
4.389,395
4.469,380
Current assets
Debtors
Cash ai bank and in hand
32,180
15? 178
31,570
104,821
184.358
136,391
Creditors: Amounts f811ing due within one year
12
11,769)
(1.642)
Net current assets
182.589
134.749
Net ¥sstt$
4,571.984
4,604,129
Funds of the chAri¢y:
Unrestrlcted Ineome funds
Unre51ric¢ed funds
4.571,984
4,604.129
To¢#1 funds
13
4,571.984
4,604,129
'rhe fi
Ancial 51atements on pages 5 10 13 were approved by the irusitts, and auihorised for issue on
rATr fefclL
Th¢ notes on pages 7 to 13 form an integAI part of these financial statements.
Page 6

Folke5tone Municipal Charity
Noles to the Financial Statements for the Year Ended 31 March 2025
l Aecoynling policies
Statement of complianct
The linancial statements have prepared in accordance wilh ihe second edilion of the Chariti¢s Stalement of
Recommended Practice i55u¢d tn Oaober ?019. the Financial Reporting Standard applicabl¢ in the United
Kingdom and Republic of IrelaTKI {FRS 10?} and the Charities Aci 2011.
B851$ of prepAration
Folkesione Municipal Charity meets ihe definition of a public benefit eniiry under FRS 102. The ttccotjnis
(financial siaiemenisl have ￿tffi prepared under the historical cost conweniion wilh items recognised at cosi or
Iransaclion value unless otherwise siaied in th¢ r¢levanl notrf5} lo these accounts.
Goln8 eoneern
Thc Irusices consider that there are no maierial uncertainties aboyt the ¢harity's ability to continue as a going
concern.
Income and endowmenis
Voluniar). incom¢ including donations. gifts. legacie5 and grdnis thai provide core fitnding or are of a genernl
nature is reco￿￿¥sed when the ¢h#rity has entiilement lo the income. ii is probable ihat the in¢oim¢ will be
received and ihe amount can be measured wilh sufficient reliability.
Dvnqilons qnd lexacl¢s
Donations and 1¢8a¢ies are re¢ognised on a receivable basbs when receipi is probable and ihe amount can be
reliably measured.
liiveslnieni Income
Intere51 orh funds held on dewsit 15 included when receivable and the amount can be mea511red reliably by the
charity. this is normally ypon notification of the inieresi paid or pa}'able by the bank.Dividends are recogni5¢d
once the dividend has been d¢¢lared Jnd nolificalion has bttn received of ihe dividend due.
Expe￿dIt￿re
All ¢xpenditUTe is recognised once there is a legal or construciive obligaiion to ihat ¢xpendature. it is probable
settlement is requir¢d and ihe amouni can be Measured reliably. All cosis art allocaied t(Tr lh¢ applicable
expenditure headin8 that aggr¢gat¢ similar cost5 to ihal caiegory. Where costs cannot be directly altribuled to
particular heading5 they have been allocated on a basis consisieni wilh ihe use of resources. with central staff
costs allocated on the basis of time spent. and depreciation charge5 allocaied on ihe portion of the asset's use.
her support cosis are allocated based on the Spread of staff costs.
Chdtliable &cilvliles
Chariiable expendiiure comprises those costs incurred by th¢ charity in th¢ delivery of its activities and services
ror its beneficiaries. li includes boih costs thai can be allocated directly to such a¢tivities and those cosis of an
indIr￿1 natur¢ n¢¢e55ary to support ihem.
Page 7

Folkestone Municipal Charity
Notes to the Financial Stalcmenls for the Year Ended 31 March 2025 (continued)
Stspport eosts
Support costs include central functions and have tten allocat￿ to activity cosi caiegories on a basis con5iSt¢nt
wilh th¢ u5¢ of resources. for example. alloC￿1n8 proFwty costs by fl(￿￿ areas. or per capit4 siaff cosls by the
timc 5penl and other ¢osis by their usage.
Governance costs
These include th¢ costs attribuiable io the charity's compliance with constitutional and sthtuiory requirement5,
including audit, 51rat¢gic ma￿￿ement and irusrees meelings and r¢irnbursed expenses.
Taxaiion
The ¢harity is considered io pass the tesis sel out in Paragraph I Schedule 6 of the Finance Act 2010 and
th¢refor¢ it meets the definiiion of a chariiable companv for UK corporation lax purposes. Accordingl).. th¢
harity 15 POt¢ntially exempi from iaxaiion in respect of income or capital 8ains received within ca¢e&iori¢5
covered by Chapter 3 Part I l of the CoTpordlion 'fax Aci 2010 or Seclion ?56 of ihe Taxation of Charg¢¢ible
Gains A¢1 1992. to the exieni ihai such income or gains are applied exclusively io charitable purposes.
Invtstrnenl prop¢r¢ies
Invesimeni property is carried at fair value. derived from ihe curreni markei price5 for comparable real esiaie
deienmined annually by exlernal valu¢r5. The valuers use observable prices, adjusted if necessary for any
dilyerence in the naiure, location or condilion of the specific asset. Changes in fair value ¥4re re¢o8nis¢d in profit
or loss.
Fixcd a55et iDv¢$lmtrtls
Fixed assei investments, other ihan progrdmme related invesimenis. are included at myrkei value at the balance
shee( dale. Realised gains and 105se5 on investments are cal¢ulaied as ihe diiference between sales proceeds and
Iheir market value ai the 51art of the year. or their subsequeni cost, and are char¥ed or credited to the Statement
of F inancial Activities in ihe period of dispo￿1.
Unrealised gains and 105se5 r¢pr¢5¢nt the movemeni in markd values during the yeor and are credited or
charged io the Stalem¢n¢ of Financial Activiiies based on the maTkel value 41 th¢ y¢ar end.
C#sh and e*sh equivaltnts
Cash and cash equivalent5 comprise ¢ash on hand and call deposi￿ and other short-ierni hig>hly liquid
invesiments that ar¢ r¢adily convertible io a known amouni of cash and are subjeci io an insignificani risk of
change in value.
Fund structure
Unrestricted income funds are general funds ihal are available for use ￿ the trustees discreiion in furtherance of
the objec¢iYes of the charity-
Pag¢ 8

Folkeslone Municipal Charity
Notes to the Financial StAtemeDt$ for the Year Ended 31 Mareh 2025 (continued)
2 Ineorne from donations and leg*cies
UTrrestrieted
funds
Gent ral
Total
2025
Donaiions and lega¢ies:
Legacies
60.1)
60.000
60.0(K)
60.000
3 Inweslmtnt income
Unrestricted
funds
GeDernl
Tot*1
2025
Tot#1
2024
Income from dividends..
Dividends receivable from other listed inve5mienis
Inieresi receivable artd similar income:
Inieresi receivabl¢ on bank deposits
her inieresi re¢¢iv4ble
Income from reni$
120.478
120,478
117,510
2.770
9.579
4.050
2.770
9,$79
4.050
2.543
10.710
4.050
136.877
136.877
134,813
4 Exp¢ndi¢ur¢ on eharitxble ictlvltles
Unreslricttd
Total
2024
Genernl
2025
Nott
Managem¢nl
Staff costs
Grants and donations
Monthly grant5
Relief in need
Governance cos¢s
1.030
4.8
13,418
52.140
76.008
1.642
1.030
4.800
13.418
969
4.550
22.850
54,005
76.273
1,642
76.008
1,642
149,038
149,038
160.289
Page 9

Folkeslone Muni¢ipg1 Charity
Notes lo the Financial Statements for the Year Ended 31 March 2025 (continued)
5 Analysis of 8ovtrn4nct and support eosts
GoverDan¢e ¢osts
Unrestrleled
funds
Ceneral
Total
Z025
Total
2024
Independent examiner fees
Examination of the financial stalements
l.fA2
1.642
1.642
1.642
1.642
1.642
6 Trustees remunergllon and expenses
Durin¥ the >'car the charity made ihe following transaciions with tTU51ees-
Mrs M Hunter
Mrs M Ilunicr received remuneration or£3￿J {2024: £3WI gnd £12912024.. £208) of expenses wer¢ reimbursed
io MTS M Hunler during the year.
Mrs M 14unler. lh¢ welfare O￿l¢er. was reimbursed for ￿Ve1 expenses during the year. Mrs Huni¢r was also
paid an honorarium during the year.
No Irusie¢s have received any oiher ben¢fits from the charity during the year.
7 Staff costs
The aggregale payroll cos15 were Os follows:
2025
2024
St8ff costs durlng the year were:
Honoraria
4.8
4,550
No employee r￿e1ved emoluments of more than £60.000 during the year
Honoraria repre5¢nts £4,51M) (2024 . £4.250) for ihe Secretary's fet and £3￿ {2024- £3CK)I paid io a trnstee.
8 Independent examiner's rernuner*tiDrt
2025
2024
Examination of the financial statements
1.642
1,642
Poge 10

Folke5tone Municipal Charity
Notes to the Financial Statements for the Year Ended 31 March 2025 (continued)
9 Taxation
The charity is a regisiered charity and is therefore exempt from iaxation.
10 Fixed 8ts¢1 inv¢stmenls
2025
2024
Investment properties
Other inwestmenis
168.500
4.220.895
168,5(K)
4.300,880
4.389.395
4.469.380
Investment properties
Inve5trntnt
properties
Cost or V¥lu4lion
Ai l April 2024
168.500
Provi$ion
Ai 31 March 2025
Net book value
Ai 31 March 2025
168.5(M
Al 31 March 2024
There has been no valuation of investhieni property by an independent valuer.
Other investments
Listed
invesfmtnts
Total
Cos( or Valuation
Ai l April 2024
Revaluation
4.300.880
179.985)
4.300.880
179,985)
At 31 March 2025
4.220.895
4.220.895
Ntt book value
At 31 March 2025
4.220.895
4,220.895
At 31 March 2024
4,300.880
4,300.880
Pagell

Folkestone Municipal Charity
Trlotcs to the Fingn¢ial Statements for the Year Ended 31 March 2025 (continued)
I l Debtors
2025
2024
Accrued income
32,180
31.570
12 Creilitors: amounts f•lling du¢ within one year
2025
2024
Accnjals
1.769
1.642
13 Funds
Oiher
recoE1115ed
gains/(10ssu)
BalAnce #t
31 March
2025
Balanee #t I
April 2024
Ineomin8
resothrees
Resourees
expended
Unr¢strlcted funds
General
4,604.130
196.877
{149.038
{79.985
4.571.984
()thcr
r¢cognised
g8insI{1055e51
B¥l8nee 8t
31 March
2024
Bal4nc¢ *t I
April 2023
In¢orning
r¢sour¢e5
Re50urr¢s
exp¢nd¢d
Unre5trlcted funds
General
4,370,121
134,813
1160.289)
159.484
4,604.129
14 Analysis of ne¢ a5sel$ beiwcen funds
Unrestri¢ted
runds
Gentral
Tolal funds at
31 March
21125
Fixed asset inve5tment5
Current assets
Current liabililies
4.389.395
184,358
(1.7691
4,389.395
184.358
(1.769)
Total nel assets
4.571.984
4,571.984
Page 12

Folkestone Municipal Charity
Note$ lo the Finaneial Stat¢meDt$ for the Year Ended 31 March 2025 {¢ontinued)
Unrestricted
funds
General
Total fund5 41
31 March
2024
Fixed asset investmenls
Cu￿ent assecs
cu￿en1 liabilities
4.469.380
136,391
11.6421
4,469.380
136.391
11,642)
Total nei assets
4.604.129
4,604.129
IS Rel4ted p8r¢y tT4115O¢ttons
During the year the chariry made the following relaied pany transaciions..
Cllr B Walker
(Cllr A AkutTo-Kelly (previously Cllr B Walker) was a trtsmee of Ihe charity durin8 the year and also the Town
Mayor of Folkesione.)
During ihe year £8.OLK) (2024- £8.IK)O) was donaied io the Town Mayor of Folkesione's Chrisimas Fund..
Page 13