THE FREDERICK INIGAN TRUST
ANNUAL REPORT AND FINANCIAL STATet44ENTS
YEAR ENDED 31 DECEMBER 2023
R¢glsl•red Charty No 249814

THE FRECERICK VJIGAN TrUST
REPORT OF THE TRUSTEES FOR THE YEAR ENOED 31 DECEMBER 2023
OBJECTIVES. ACTIMnES AND PERFORMANCE OF THE CHARIT
Th8ob&ect oflhe Chaflly isto prDNSJe ¢¥operty forlxal 8duc*lon81 #ndlor r?llglous puryjosés. There
t? three ￿[bling$ aFongskla gach other kn Alder Road. Mortlake, London SW14. One used
predcrfninantty by t￿ Guldas. orlé ty the Scouts aThl one W￿0mlAar￿trY by a rwrnory
5ch¢yA.
FifrI4NCIAL REVIEW
DwlTrJ thè ￿r. the Charliys incom¢ to £29.587 It spent £23.559 on ¢osls
•nd mak)tenaw.
AI 31 DBcemt*r 2023, r8serY8s 0nK5un￿j to £122.717 bekii tnto Endowry*nt {£3,314).
Recouwient1£74,571) 8nd UnreslAeled Income (£44.832>. R•s•Ms arn hekl in a nxxluro ol u3h
on current •ccounts or deposrts 8nd COIF Unls.
Tr• Chartty ha8 not de*n*•J or oth•rwse (aMnn*l&l any mltgrfal fvnds alth• Ond oflhe ￿Or.
STRUCTUR& GOVERNANCE AND MANAGEMEKr
6t•tus •nd ConBtitutl*)n
The Chorlty Is an unlncorp0rn1edTn￿ was 8Stabllshed In 1910 arn1 Is rngbltred wilh Ihe
Ch8tiiy ComnNssk)n lor Etyla1￿ and Wales wlth regtslr8Uon number 24￿14. Tho vjnstlut
Bnd obje(as olthe Chwky. ANI the reothalknns manffjgmert. are sat out *i the
t￿nsI￿￿10n.
Truit••s
The Truste88'aro the meffll￿rs ofiho Paroehlal chu￿ CouTMal (pcc) of Path ofMortlak8 wlh
Shew.
Org•nisatlonil 144naq•rn•nt
The TN5t L8 overseen by the Fkn8r*x 8rKI Property set aThl reportlryj to th8
afryemenlTr)néd PCC.
Ail tnthe9 thetrikrn fr•rty and rNJn8 any remun8r8tknn. Th• Charfty has no
employees.

THE FREDERICK IhlGAN TRUST
REPORT OF TrIE TRUSTEE8 FOR THE YEpR ENDED 31 oecEMBeR 2023 (Qontlnu
STATEMENT OF TruSTEES RESPONS181LrriES
Th• Twstees arn re$ponslbh lor prep•rww the TfUStees' Annual Report and the flnanclal
statements in aeeordance with applicablelow thid Vniied KIWM Accounilng Standafds
Iunlted Klngdom G￿eraty Accepted Ac¢ThJrtllng Pradl¢e).
The Trustees ar• r•qulred to w•par• flnanclal U•mnts t*bkh Wv• a Iru• and falr vlv* ol
lh• 5t8le of affairs ofthe Chartty and olthe In¢omo and expefiditure ofth• Charlty forth•t
period In accordance twrth appllcabh 1*4V. In prepaKir*J Itt￿0 finarKlal s¢•t•ment$. the
Trusiee6 •r• rnquired to:
Select 6ultabl• accountrffj polkies ￿ then appty Ih•m ¢onsl#efAty
ObseMI the mgthods arKI prln¢lplès in the Chantles SORP
ake I￿1￿mertI Ind estIm￿e$ that are rnasonable and prudert
state wh•lher ap￿1¢•ble UK le￿Unt￿￿ si8ndard$ hove bMn foll(yw•d. ￿￿¢¢1
to any materlal departur•$ which h•ve been disclosed an¢J explalned In the
finanrJ•l statemenls: and
Preparo tho ffnanclal st￿•M?￿S t)n the golng eoncem b•sls unless A Is
Inapproprlate to pr¢surn8 that the Ch•rliy will ¢oTrtlnue In busln¢ss.
Th• Trust•es are responslble forthe Charlty k•èping acco￿￿1ng rnoofds that are sufflclont
t¢ dlsclose wlh reasonabl• ac￿racY al any tlme th• flnartcial poslion of t￿ CDar#y. They
ar• 4150 fesponsltle for 5afeguafding the a55Qts of the Charty and hence for taking
re4wnabl¢ st•ps for lh• prnv•nllon and detectlon of fraud and othor irrngularréi•$.
AppTov•d by th• Board ofTruslws on 8 2024 and $19n•d on thelr behalf ty.
Jonaihan Blylhe
TmsLwor and Tntste•

THE FREDERICK WGAN TrUST
REPORT OF THE INDEPENDE1￿ EXAMITrER FOR THE YEAR ENDED 31 OECEk18ER 2023
ft•port Of th• Ind•p•nd•rt Examin•r ts th• TTu5tg•s ¢f
Th• Fr•d•riok Wgan Trust (th• Chartty) on th• attaGh•d FIMnclAI
stat•m•nts for the y•ar •nd•d 81 D•¢•mb•r 2028
I h8ve &x8nkned Ihe att8ethed fftnandMI thlik* M¥e bèen pre￿[￿1 under the his1ort￿l
cost convtrnlhjn.
R•sp•n•lblllll•• ol th• Ex•¢ullv• ConN1m￿ for th• FlnAnel•l #lat•n*nis
The Charltlos Ad requires t￿ Trustees to wvparè fin8ncl81 stalements lor8aGh ffin8nt•al yearwttkh
Qbve a truo and fatr vlew oflhe stale of affalrs of the Charity arx1 ofthe sufjAus ordèflcji of the Char￿Y
forthal perf(NJ. In preparfrq those fffj•nd* stAtemgnts th¢ Tntstees are wuirnd to..
Q Sd6(I sulable 8etAbuntlrKJ and then appty
11) Moke I￿)0ments eslimdes thal we reasonabl• and pNde
Ila Preparo trw acc4)unls on th¢ goITVJ thnc•rn ba* unless It 15 knapwowiate to w•sumè
IDat the Chwly T*ll conlknu? to opwai•,
Thè TnL81eeJ orn 8ts0 rnsponsSI￿ for kéepkng wop•r ￿0￿nI￿r￿j rery)￿s whlch disc105e w
roagonable accuracy at any tlme the1Snancial wskkjn of tho Chwly and to enablo them to ewur•
Ih81 Ihb lknonolol state￿nIS with the Char￿S Ad 2011. It Is also respjnsible for
8aleguAfdlng the ass•ts oflho Chartty aThY for takhvJ roasonable steF4 forih• pr•¥tntlon and
dètectlon of Iraud 8nd other Irteguknritles.
ol Ind•wnd•nt •xamln•¢s r•port
My •xgmknatwJn Inc￿ed a reth of the accourtmg fecoFds kepl by the Charlty ind 8 comparlson
olthe g¢COUrts wesented those reo)llls. M aLsD ￿ClUded coAshJeratbn of any unusual Ilems or
disck)sur•s In the account¥. and seoklro eyolwations trom the Tntsteos concerning afty sueh
matters. The pmcedwF5 yndert8kan do woir4Je al tm •¥*ièn¢• that wouhj be ￿u￿re￿ In an
aLNl11. and consequerrtly I do èxKws an audit opinlon on the view Qlvgn by Ihe ac¢ounts.
Ind•p•nd•nt •x•rnln•¢s Alat•m•nl
In connqolon my e￿mInation, no m*t•r h8s come to my 8ttenih)n whicth g￿e$ me teason8tr
to tsleve that In any malerl81 re3pe# the r*Ju￿rn￿niS to keep acGounllTYJ [v￿rdS ift
accordanc8 With the methots F¢ffjdplos ofthe &etsmerrt 0fR0rx)ff*M￿ Pr8¢tlce: Accourrtlng
and R•portlna by Gh8rfltes ha* not b•8n m81 to whKti. li my owion. 8ttonlkn Sh￿$1 be drawn
in D￿jer lo eftatAe a proper under5tsfKliThJ of the to be re8ch•d.
Allslak H E Smith
Chartergd At￿untant
TwK*8nh&
TWf25RA
8 May 2024

THE FREDERICK ￿•SAN TRU8T
srATEMENf OF FI￿NCIAL AcM4ryfiES FOR TrIE YEAR EPf)ED 31 DECEI￿ER 2023
2022
INCOME
29262
325
29.037
57
DbAfer¥Js and Bank Interest
Tclal Incomo
20,$87
EXPEIKIITURE
Legal Prof8sslonal fe
AdmknL8irallvB 8)wn888
hl and heat
W•ter aThJ Busknw Rates
Insurance
Buklllng Malnt•nan
1.698
11,589
658
1.199
5,937
10,694
1,110
12283
Total ev￿lMUr8
23.5S9
NET INCOMING1(OLrrGOlh￿) RESOURCES
125
G0kn￿o&S¢s) on In%wtrn•nts
8.303
(6,551)
NET SURPLUSIIDEFECIT) IN FUNDS
14,331
(8.428)
RESERVES BR(XIGHT FORWARD
108,388
114.812
RESERVES CARRIED FORWARD
121717
108.386

THE FREDERICK WGAN TRUST
eALINCE SHEET AT 31 DECEM8ER 2¢
2023
2022
FtXED ASSETS
InvesbThnts (COIF lJnb)
D0KM)gi￿ (CBF)
74,5r2
3J14
3,314
Tolal FRxed A￿1¥
CURREKf ASSETS AP¥() UA8IUTIES
Cash 4t Bank
Dpblots
Less Crgdrtoffs
41.886
7.333
(4.388)
42,848
(4.042)
Net Cumrrt Assets
44,831
TOTAL A88ET8
122.717
108.386
RESERVES
Endry*mMt FuThl
Recoupment FuThJ
lftcon* Fund
3,314
74,571
3.314
Toial Re50ThffjS
122.717
108.386
These Fln8rthl Statementswewp ap￿0￿dOn 8 May2024 and signgd on bohaff ofthe ￿1(1 of trnste•s
by:
Jonathan Blyi
Trustee

ThE FREDERICK iMGAN TRUST
NOTES TO TrIE FINANCIAL sfATEMEMfs FOR ￿ YEAR ENDED 31 DECEMBER 20rJ
I. ACCOUNTING PiXlCleS
B*815 ol pr•wrailon ol fin•n#l•l Bt*t•n)
Th8 lln8nc181518lefngnts haNB boen EY8P8r•d urn1•r the trlstorlc41 cost COn￿￿tion wlth Items
rncoonlsed ot cost or transadlon value unlèss otherwtse stal•d In th• rn18vant notés. Tho fmanc
staléments ha¥* been rAgpa￿￿ in ac¢ordanr* wlth tho secortl èdttion ofthe Chorft18s Sl8temenl of
Remmmer￿e(I Pr8Cliekn issued In O(XobBr 2019, the Fknan¢lal Repjrtthg Sl8nd8rO 8pplt4trae In the
Untted Klngdom And Repubk ol IrelaTrJ (FRS 102) and the Chortkns ALI 2011. The Charlty Is
publlc t*nefft onlly forthe puny)s•s olFR8 102.
Th• TnJ￿￿oS ha￿ assgsuod whgther lh8 us• olthe gokng COnc￿M bosb Is 8pproy1ale a￿1 hqva
consklered possltAe e￿nts or c0rrfjakn￿ that might C4s1 *nmcanl d(wbt on th *b1￿Y ofthe Ch•r*y
to conlknue 83 a oolng ￿ncarn. Tho TvJ5tees have m8do thi8 8ssèssm•nt fw 8 petlod of8t teasl one
ye8r from ihg dalo ol 8PPrt*val of the fffj•noal st*emon15. Ajter mgkhig èWL*le3. th• TfUStèeJ h81
concludod thal there15 8 rn8sonabl8 expofxatkm Ihal the Charlty has ad￿uate resourcm to contlnue
In oper8llonal exlstence lorthe fore8treobEo luluye. Th6Cftartytherefore o)ntlnue¥lo adotitheoolrwJ
oonc4rn h) wepwing ils fknarK4al
Inwm•
All In¢ome1s tndud8d Sn the 81aternnl of FIn￿dI1 AcahAilés wfthi th• Ch•ity b ltyally entllgd to
Ihfj Income and th• arrK)unl call be d¢leftm1r￿d with r•asonat4& accurary.
Expgndltur•
All exFeNlituro Is 8ccount•d for on an twL4
Taxatlon
Tho Chaity Is a reglslornd chwtty S￿1. as dalm tax e￿Mo￿n5 from al ns Ir￿n8.
Thè Charfty b nol regIst¢￿j forVAT and, as suth. all 19 Shr￿ knthsi¥e of IThpcovora
VAT.
Tanglbh Plx•d A3￿ts
There are no Tfjwlble Flx8d Ass