REGISTERED CHARITY NUMBER: 246639 FTHETR EESAND FOR THE PERIOD I NOVEM8ER 2024 310cfoBER 2025 PPEAL F ND
THEWO SHIPF L COMPANY OF FOUN SEXCENTENARY APPEAL FUND CONTENTS OF THE FINANCIAL STATE THEPE I VEM8 24T0310cr BE 2025 P?8e Report of the Trustees .IndepEndent Éxamlner's Report Stltpment of Fln?ncb81 Actl¥ltl•s ststement of Flnancl&l Posltlon Notesto the Flnanclal Statements 7 to 12 Detalled Stit•ment of Flnanclil ActlvSthi 13 to 14
THE WORSHIPFUL COMP SEXCENYENARY APPEAL F NY OF FOUNDERS ND REPORT OF THE TR YEES Thetru5tees present theSr report wh theflnancl81 statements of the charltyfor the perlod l November 2024 to 31 October 2025. The trustees have adopted the provislons of Accounting and Reportlng by Charities.. Statement of Recommended Procilce 8ppllc&ble to ch8rltles preparlng thelr accounts in accordaThce wlth the Fln8nclal Reportlng Standard applkable In the UK and Republlc of Ireland IFRS 1021 leffectlve I january 20191. REFERENCE AND ADMINISTRATIVE DAll5 Règistered Charlty number 246639 Prlnclpal addrèss Founders, Hall I Cloth Falr London ECIA 7JQ Thist•e$ Th• trustee of th• ch8rliy is The Worshlpful Company of FouThd•rs. The Master, Wardens and Asslstants comprlsè the Court of The Worshlpful Company of Founders, Its gtsvernlng bodv. The Bovernln8 body and the Charfty & Educatlon Commlttee5 meet quarterly. Grant 4ppllcatlons are consldered by the Charlty & Educatlon Commlttees whlch reportto and recommend 3pproprlate8rant5 to the governln8 bJdyfor It5 approval. Independent Examlner Cornfield Accountants Umlted Chartered ActoufitJnts 5 Cornfleld Terrace Eastboume East Sussex BN214NN OBIECTIVES AND AcllviTIES ObJectlves and alms The charlty was established with monles subs¢rlbed by the members of The Worshiplul Company of Founders to celebrate the 600th anniversary of the establlshment of the Company. The objects were and remain for the bee11t of any charftable or educatlonal object Includlng the rellef and Ca of the elderly, the educatlon of the youn8, and the advancement of technlcal 4nd •rt1stlc educatlon and research. Under a H&ads of A8reement dated 19 March 2020the a5set5 held by the Brunel Centre of Bedford Umlted weretransferred to the Company a5 trustee lor the Sexcenten8ry Fund. The object5 of the8rant were to advance thetheoretical and practlcil education and tralning of person5 engaged or intending to be eng8ged in industry and commerce, and, Sublect to that, to extend Such provlslon or Bsslstance to the tr&lnlng or educatlon of members of the public 8tnerally. Awards mad2 Out of its funds are to be referred to a5 Founders Brunel Awards. The incomefrom thesetransferred assets are accounted for 05 a deslgnated fund. The tm5tees confSrm that they have referred to the 8uI(Jance contalned In the Charity Commission's 8eneral guldance on publlc beneflt when revSewlnB the Trust's alms and oblectlves and In plannlne fthure activitits and settln8 the grant rnakln8 policy for the year. Page I
THE WORSHIPFUL C SEX NTENARY MPANY ND ORT FT E TRUSTEES ERIOD I NOVEMBER 2024 TO 31 OCTOBER 2025 SignlfJcant acllvltles Durfn8 the pre*iou5 year all investments were corJ501Klated at Charles Stanky. and the charlty vrds alk)c8ted its separate endowed and non-endowed investrnent POTrfollos. reMOn8 the need to Wlt Investments and Income on a pertenta81 basls. Durln8 2019120. the charlty acqulred the assets of Brund Centre of Bedford Llrnlted, a charlty whose charltable objects Includethevocatlonal and educational train5ngof YOU people In thewider englneerlng industry. The assets acquired w•re comprlsed ol cash funds toialllng £1.795m and two freehold propertles. beln8 theformer charfW5 prI1paI tralnin8 centre and charlty offices located in Bedford. The prlncipal tralning centre continues to be leased by 8edford Colle8e In accordance wlth the exlstlng lease and the offices aré rtow lot to a commercial tenant. The rent re£elved will be applled In Ilne wlth the oblects of the grant stated above. Of the funds received from the Bwnel Centre. £1.750.(N)O was transferred to The Founders Comblned Charlty Income Common Investment Fund, of whlch lo of Income received in relation to the investln8 attlvlties of these funds is directlv attrlbtstableto the charlty. FINANCIAL REVIEW Reserves poll¢v Itls the pollcy¢f the ch•rlty thal unrestrlded funds whlch are readlly Jvallable for spendlng and have not been deslgnated spe(lflc use should be maintalned ar a level between six and twelve months, expendlture. The trustee cons5ders that re5erve5 at this level wlll ensure thot, in the event of a slgnillunt drop in lundlng. it wll be abie to contlnue the charity'5 Current artivltles whlle consid•raiion Is 8lven to ways In which addltlonai fund5 may be ralsed. At 31 October 2025 the chaflty hèld £276K12024, £164KI. These e15 ar• wlthln the taT8et ran8e. STRUCTURI GOVERNANCEAND MANAGEMEP(r Govornlnfj documant The charityls controlled by Its 8overnln8 dotumÉnt, a deed of trust and constiWtes an unincorporated charity. The trustees have paid due re8ard to 8uWante tssued by thè CrIty Commission in decidin8 what attivltiÈs th• eharlty should undertak De¢tslon maklng The trustee and the Bovernin8 body meet quarterty. The Charity and EducatSon Committees of the Worshlpful Company of Founders atso rneet quarter and 38ree the broad strate8y and areas of attfvity for the Trust. In¢luthng conslderation of grant mak¢n& investment, reserve5 and risk manaeement, polkles and perfom)ance. The day-to-day adminlstratlon of 8r8nts and the processln8 and handlin8 of new grant applicatlons prior to consideration by the Charity and Education Committees is dde6ated to the Clerk of the Company. The Charfty and Educatlon Commlttee5 subsequently make recommendations for appropriate grant fundlng to the Court for its final appmval. Pa8e 2
THE WORSHIPF SEXCENTENARY L COMPANY OF FOUNDERS REPORT OF THE TRUSTEES FOR THE PERIOD I NOVEMBER 2024 The Charlty ènd Education Committees aLso collsider the monitoring inforrnation concernlng the performance of grant5 to date, and Make recommendations to the Court ¢on(eming the ertensknn. cewtion or SLwenslon of existing grant approval& Trustees are required to disckisè all rant interests and regtsterthem wlth theclak and rf approprlatetc wlthdrawfrom decislons where a confllrtof Interest arises. Risk management The tru5tee5 have con51dered the m8lor rfsks to whichthè charlty èxpxed and have revleweif those rf5ks and esrabllshed systems and procedurès to m3n•8e those rlsks. The trustees consider v•rlablllty of Investment returns on ihe chathable assds io constliute the chirltvs major financi?1 sk and recent eKreme volatifity in world siock markets has demonstrnted thls rlsk. The trustees manage the assets on a medlum I hlgh risk basis of income generatlon and capltal growth. thereby matntalnlng stablllty for 8rnnt makin& and hopefully thereby facllltatlng longer term grants • more staNe number of awards, the trustees ajso take acctsunt of the outlook for Investment rètums and keep the level of awards under STATEMENT OF TRUSTEES, RESPoNSIBILlEs The trustees are responsible for preparin8 the Report of the Trustees and the Itnanclal statements In •¢cordan¢e wllh applicable law and Vnlted Kin8dom Actountlne Standards (Untted ngdOM Gen¥aIAcCepted Accountlng Prattlcel. The law applkable to ch4rltle5 In EnqlaTKt and Wa. the Charities Act 2022. Chadty (Accounts and Reports) R4ulatlons 2008 and the provlslons of the trust deed requirethe trustees to wepare ftnancial statements lor eKh financial year whlch 8fve a true and fair vlew of the stat• of 4ff•irs of the tharlty and of the Incornlng resources and appllcatlon of resources, Includlng the income an'd expenditur¢ of the charity for that perlod. In prepar1 those flnaThclal statements, the trustees arn r•qulred to $dert sultable accountlng pollcles and then app them ctsnslsttntty.. observe the rnethods and prlnclples In the Charity SORP,. makeludEements 8nd estimates that are reasonable and pwdent; 5tste whether applicable accountlng standards hwe been followed, sublert to any matErfal departures d15closed and explalned In the ffnancial StateMts,. prepare the financial stat&ments on ihe 8otn8 concern bas15 unlE5S It15 Inapwoprfate to wesume that the charlty wlll ConnUe lft busirtess. The trustees are responslble for keepln8 properattountingrecords whlch dlsclosevrith reasonable accur•¢y atartytlmethe flnanclal positlon of the ¢harhy and to enable them to ensu that the finandal statements comply ¥Ath the Charlties Att 2022, the Charlty (Accounts and R8POrtsl Re8ulatlons 2]8 and the proviswjns of the trust deed. They are also responsible for safe8uardln8 the assets of the chèrfty and hen fortakln8 reasonable steps for the preventbn and detectlon of fraud and other irmgularitie5. Approved by order of the kx)ard of trustee5 On... and signed on its behalf by.. S J Ollver- Master auk- ftevd N K StephLYtson P8Be 3
INDEPENDENT EXAMINER'S REPORT TO THETRUSTEES THE WORSHIPFUL COMPANY OF SEXCENTENARY APPEAL FUND Indepèndent examlnèr's repartto the trustee5 Df The Worshlpfvl Company of Founders SexcentenaryApp?zl Fund I report to the charity trusteès on my examination of the xtOLLnts of The wShipfl Company of Founders SeKentenary Appèal Fund ItheTrustl forthe perlod l November 2024to 31 Ollober 2025. Re5ponslbllttles and basls ot report As the charlty trustees of the Trust you are re5portslble for the prepardtlon of the accounts in accordance wlth th• requlrernents ofthe Charities Act 2022 Ilhe Artk I report in rèspect of my examlnatlon of ihe Trust's accounts ¢•irled out undersectlon 145 of the Act and In carrylng out my examlnatlon I hwe followed all app1écate DlrectSons glven by the Charlty Commlssbon under sectbon 1451Sllbl of the Art, Independent eMamlnerf$ statemeni I have complded my amInatIOn. I conflrm th4t nL) materfal matters have co1 to my •ttentlon In connection wlth the examlnatlon glvlnB m• caust to bèlieve that In any matedal respectr. countlng record5 were nrt kept In re5pert oftheTrust as requlred by section 130 ofthe Art: or the ac¢cntS do not accord with those retc*ds: or the accounts do not comply wlth the appllcalAe requlTements Concern1 iheform and content of attounts sèt out In the Charitie5 IAccounts and Report51 ftegulations 2LN)8 other than any requirement that the accounts 8lve a true and falrvlewwhlch Is not J matter considered as pjrt ol Jn Independent examinatlon. I have no concerns and have corne •cr05s no other m•tters In conTlon wtth the exarnlnatl to whlch attentlon shoukl drawn In this report in orderto enable a proper derSt4nding of ihe xcounts to be rea¢hed, S P Muller FCCA ACA Cornfleld Accountants Umlled Chartered Accountants S Cornfield Terrace Eastbourne East Sussex BN214NN PaBe 4
THE WOASHIPFUL COMPANY OF FOUNDERS CENTENARY APPEAL FUND TATE ENT OF FINANCIAL A1VITIEs FOR THE PERIOD I NOVEMBER 2024TO 31 OCTOBER 2025 2025 UnTe5tricted funds 2024 Total fvnds Notes INCOME AND ENDOWMENTS FROM Donatlon5 Investments Interest 60,075 155,470 7,108 2,500 145,290 889 Total 222,653 148,679 EXPENDITURE ON Charltabl• actlvltles Grants payable to Indlvldua15 Grant$ payable to In5tltutlon5 T81ks, Lectu$ and Exhlbltlons Brunel Propertles 2,000 96,620 1,181 13,510 2,100 131,546 2,357 11.592 Other 21,755 Total 135,066 166,663 Galn on falr value adlustment of Instment property 6 Net 8a1n5115ossj on Inve5tm•nts 280.000 274,140 161600 Ner INCOME 641,727 143.616 RECONCILIATION OF FUNDS Totsl funds broughtlorward 5,121,670 4,978,054 TOTAL FUNDS CARRIED FORWARD 5,763,397 5,121,670 The notes form part of theseflnanclal statements Page S
THE WORSHIPFUL COMPANY OF F(iUNDERS SEXCENTENARY APPEAL F ATEMENT F FINAN 31 OCT08ER 2025 posm 2025 2024 Total funds Unrestricted fund5 Note5 FIXED ASSEts Investments Investments Investment property 2523,111 3,l,000 2,24961 2,720OLX) 5,523,111 4,969,061 CURRENfASSETS Debtor5 Cash at bank 6.740 276.7C8 32.950 163.550 283.449 196,500 CREDITORS Amounts falling due wlthln oneyear 143.1631 143.8911 CURRENT ASSErs 240.286 152,609 TOTALASSEts LESS OJRRENf UABILMES 5,763,397 5.121,670 NEf ASSErs 5,763,397 5.121,670 FUNDS Unrestrlcted funds 5,763,397 5,121,670 TOTAL FUNDS 5.763,397 5.121.670 The ftnanclal statements were approved by the Board of Trustees and author for issue on ...... .. an were signed on its behaff b T P Westley The Worshlplul Company of F ers- Upperwarden K G Woolmer The Worshipful Company of Fwnders- Undwwarden The note5form part ofthe5efinandal statements Page 6
THE WORSHIPFUL COMPANY OF FOUNDER SEXCENTENARY APPEAL FUND NOTES TO THE FINANCIAL STATEMENTS R THE PERIOD I NOVEMBER 2024 TO 31 OCTOBER 2 25 ACCOUNnNG POLICIES Basls of preparlng th• financlal 51atement5 The ffnanclal statements of the charlty, which Is a public benefft entity under FRS 102, have been prepared in accordance with thè Charttles SORP IFRS 1021'Accounting and Reporting by Charlties- Statement of Recommended Prattice applicable to ch8rlties preparlng thelr accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective I january 20191,, Financlal Reportln8 Standard 102 The Financial Reporting siandard applicable In the UK and Republic ol Ireland, and the Charltles Act 2022. The flnancial statements have been prepared under the historical c05t conventlon, wth the exception of investments whlch are Included at market value, as modlfied by the revaluation of cpJtain 8$setS. Crltlcal accountlngludgernents and key sourcès of èstimatlon uncèrtainty In the application of the Charity's accounting policies. management is required to rnakÈ judgement5, estlmates and 8ssumption5 aboul the corryitTrg w8lue of assets and Ilabilitle5 that are not adIlY apparentfiom other 5Durces. The estimates are underlylng assurnptlon5 and are based on historical experience and other factors that are considered relevanL ActL¢al results may drffer frorn these estirnates. The tImateS and underiylng assumptlons are reviewed on an on80ing ba515. Revi5ion5 to accounting estimates are remgnlsed in the perlod In which the estlmate is ViSed If the revSslon effects only that period. or in the period of the reviqlon and future perlods if the revi51on affects both current and futurE period The kEy 50urce5 of estimatlon uncertainty th* h4ve a 51gnificant effert on the amounts recognised in the flnanclal statement5 a5 de5CTlbed below- Inve en ro valua Investment properties are valued underthe falr value method. Professional valuations are sought to Justlfy the falr value ofthe propertywlthlnthefinancial statements and when theyare notavailable a trusteevaluatlon is provided. Income All income is recogni5ed in the Statement of Financial Actlvities once the charlty ha5 entltlement io the funds, It is probabl•that the income wlll be re£elved and the amount can be measured rellably. Expondlture Llabllitlés arè recognised as ÈxpeJ)diture a5 500n as there is a legal or constructlve obllgatlon commitiing the charitv to thatexpenditure. it Is probablethat a transferof economlc benefits will be requlred In settlement and the amount of the obllgation can bè measured reliably. Expendilure is atcounted foron an accruals basls and has been classified under headings that aggregate 311 costs relatLYl to the category. Where costs cannot be directly attrlbuted to particular headSngs they have been allocated to actiwties on a basis con515tent with the use of resource5. Grants ollered sublett to conditlons whlch have not been met at the ytar end date are noted a5 a commltment but not accrued as expendlture. Allocatlon and apportlonment of costs The Charlty's operatlng costs Include professional fees, adrninistratlon $t$ and other related ¢osts. Such costs are dlrectly allocated to the Suppjrt function of the Charity. Grant5 made by the Charty to individuajs and institutions are allocated to Ch4ritable attivltie5. Pa8È 7 contlnued...
THE WORSH PF TESTO THE FINANCIAL STATEMENTS- ontln ERIOD I NOVEMBER 2024 TO 31 OCTOBER 2025 ACCOUNnN15 POLICIES- ¢gntlnued Investment propèrty Investment property Is shown at m05t recent valuatlon. Any aggregate surp]us or deflcft arlslng from ¢han8es in fair value Is recogn1sed In the Statement of Fln8nclal Actlvltles. Tamatlon The charlty Is exempt from tax on Its charltable acilvltle$. Fund accountlng Unrestrlcted funds can be used In accordance wlth the charltable objectives Ot th• discretion of the trustees. In¥4stments Flxed a$set Investments are stated at marketv•lue, Marketvalue Is calcul8ttd asthe Charlty's share of the net assets ofThe Founders Ccmblned Charlty Income Comrnon Investment Fund. The charlty's share Is caltulated In proportlon to the market value of the Investments transferred at l Aprll 1996 and any subsequent ¢èplt81 contrlbutlons. Cash and c•sh equlvalents Cash and cash equlvalents COrnPT15e cash on hand and other short term hlghly Ilquld Investments that ale reodllv convertlble to 8 known amount of ush and Jre subject to an InslBnfflc4nt rlsk to chHn8e5 in value. DONATIONS 2025 2024 Robert Clutterbuck Ch8rlt8ble Trust E¥ce55 Clsh from Combined Chaflty Income Common Investment Fund 2,500 SO,075 2,500 INVEsfMENT INCOME 2025 2024 Renis and relaled Income recelved Interest Founders Comblned Chèrlty Incorne CIF 90,838 7,ID8 64,632 82,401 889 62,889 162,578 14S,290 The flnanclal starements Include net Income from Investments mana8ed by Charfes Stanley. whSch Is dlstrlbuted to the Charlty. Pa8e 8 continued...
THE WORSHIPFUL COMPANY L FUND F FOUNDERS NOTES TO THE FINAN IALSTATEMENfs- contln E PERIOD I NOVE 4T croBER TRUSTEES, ReMUNEftATION AND BENEFrrs Durln8 the period th* ¢har5ty pald £17,91112024-£16.1941 to Its trustee, the Wor5hlpfitl Company of Founders, for admlnlstralwe and management support. No pers connected to thetrustee reKdved any r•nuneration durfng the ¥ear12024.. nlll, FIXEO ASSEf INVESTMENTS C85h and settlements pending Inve5trnents Totals MARKEfvALUE At l November 2024 Additlons Disposals Rtvaluètions 2,029,940 219,121 64.632 164,7221 2,249,061 64,632 164,7221 274.140 At 31 Octobw 2025 2,304.080 219,031 2 523 111 BOOK VALUE At 31 Ortober 2025 2,304,080 219,031 2 523,111 At 31 October 2024 229,940 2,249,061 All Investments are carrled at their falr value. Investments are all trnded in quoted public market5, prlmarlly the London Stock Exthan8e. Cost orV8lUatn * 31 October 2025 represènted by. Llsted Investment5 V8luatlon In 2025 2,523,111 Usted Investments represents the Sexcenten8ry Appeal Fund's share of the funds held in The Worshipful Company of Founders Combined Charlty Income Common Investment Fund. Page 9 ¢ontlnued...
ThE WORSHIPFUL COMPANY OF FO NDE TO THE FINANCIALSTATEME R THE PERIOD I NOVEMBER 2024TO 310 BER 2WLS INVEmEr PRQPERTY FAIR VALUE At l Novpmber 2024 Revaluatkjn 2,720,000 280.000 At 31 ottober 2025 3,CO),OC4) NET BOOK VALUE At 31 October 2025 3.000,000 At 31 October 2024 2 720.000 The Investment propertles were valued after the year *nd by Ktrkby D5amond Chartered Surveyors on a fair value basls. oeBTORS: AMOUNTS FALUNG DUE wmiiN OME YEAR 2025 2024 Robtrt W•rntr Fund Danes Etaucatlonal Trust retums unspert grnnt PrÈpaymentS 2,500 1,500 1,951 4,789 6.740 7,950 CREDITORS. MIOUNTS FALLING DUE wrtHIN ONE YEAR 2025 2024 Worshlpful Cornpany of'Founders Sjturday Club5 gr•nt Accruals Deferréd income Founders Comblned Charity Income comnn Investment Fund 8runel property deposlt 17,911 9,316 5,000 1,980 16,449 6,646 1.980 18,772 400 Total Creditors 103,23B 43,891 MOVEMENT IN FUNDS Net Transfers At OVIVZ4 vement In funds At 31110125 nds General fund Brunel Fund 399.538 4.722.132 122.591 519,136 522,129 5 241.268 Unre5trlcted funds 5.121,670 641,727 5,763,397 TOTAL FUNDS 5,121,670 641,727 5,763.397 Page 10 continued...
E WORSHIPFUL COMPANY OF FOUNDERS CENTENARY APPEAL FUND SE NOTES TO THE FINANaAL STATEMENTS- contlnued FOR THE PERI D I NOVEMBER 2024 T i ocrobER 2025 MOVEMENT IN FUNDS- contlnllpd Net mOvemt In funds, Inded In the abo¥e areas follows: Incom¥i8 resources Resources expended Galn5 and losses Movement in funds UnrertTl¢W fund$ General fund Bfunel Fund 72307 ISO346 15.4561 1129,6101 SS.740 498.400 122,591 519,136 TOTAL FLINDS 222,653 1135,0661 554,140 641,727 Comparatl¥eJ for m¢>vemenl In funds Net movem•nt In fund5 Transfer5 b*ween funds At OVll123 At 31110124 Genwal fund Brunel Fund 361372 37,166 106,450 399,538 4.722 132 Unr•strkted fundi 4,978 054 143 616 5 121670 TOTAL FUNDS 4.978,054 143.616 5,121670 Compaiptlve net movement In funds, includ•d in the abov• •re as follows: InccMnkn8 resources Ae50Urtes expended Galn5 and losses Movement In funds Unrestrlrt•d fvnds General fund Brunel Fun(J 17,30SI 159.3581 33,605 127.995 37,166 106,450 I3713 148.679 1166,663 161,600 143,616 TOTAL FUNDS 148.679 1166.6631 161,6CKI 143,616 Page 11
ThE WORSHIPFUL COMPANY OF FOUNDERS SEXCENTENARY APPEAL FUND ES TO THE FINANCIAL ST NTS-(ontlnued FOR THE PERIOD I NOVEMBER 2024T031 ocfoBER 2025 RELATED PARTY DISCLOSURES During the peTSod, the charity had rnvestment Sncome recwvabEe of £64.63212024- £62,889) as well as a donatlon ofexcess ofcash of £60,075 from The Founders Comtrfned thartty Income Common Investrnent Fund. At the period end £nill224-£6.646I was induded in creditor5. Durtngthe peric*l the tharity paid £17,91112024- £16,194) to its trustte.the Worshlpful Company of Founders, for administrative and management supkK)rt whth was induded in uedltors as due to the Worshipful Company of Foundets, thetrustee of the tharity. At the perlod •)d £nil12024- £2StK)I was included In debtors as duefrom the Robert Warner Fund. The charltles have thesametnjstee and gD¥erning b[. Page 12
THE INORSHIPFUL COMPANY OF FOUNDERS XCENTENARY DEfAILED TATEMENT OF FINAN FOR THE PERIOD AcnvmES I OMBER 2025 2025 2024 INCOME AND ENDOWMENTS Donations aftd le8acle$ Donatlons from otheT charitie5 60,075 2,500 Investment Incomè Renis re¢elved Property insurance recharged io tenants Founders Comblned Charlty Income CIF Interest recefvable 84.494 6,344 64,632 7.108 75,304 7,097 62,889 889 222,653 146,179 Tolal Incom1 mour% 222,653 146,179 EXPENDITURE Charitable artlvltl•s Talk5, Lectures and ExhIbOn$ Grant5 to Instftutlon5 Grants to Indfvlduals 1,181 96,620 2,357 131,546 2.100 99,801 136.003 Support costs Property Mana8•m•nt Insurance Property manJ8ement Costs 6,344 7,097 4.495 I310 11,592 Flnanrp ICO fee Withholdlng tax Bonk char8e$ 47 246 50 35 60 343 95 page does not fonn part ofthe 5tatutoryfinanclal 5tatement5 Pe 13
THEWOR HIPFUL COMPANY OF FOUNDERS EX ENTENARY ND DETAILED TATEMENT OF HNAN vrriES IOD I NOVEMBER 2024 TO 31 OUOBER 2 2025 2024 Governance costs Admifiistration fees Computer runnln8 Costs Insurance Impxt fteport Accountancy fees 17,911 461 338 750 1,952 16.194 414 2,365 21,412 Total re$ourtes expended 135,066 166 663 Net Income 87,587 17,9841 This page does not form part ofthe statutoryfinandol statements Paee 14