Charlty regl8tratlon numb•r 258459
SAMUEL WILLIAM FARMER TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

SAMUEL WILLIAM FARMER TRUST
LEGALANDADMINISTRATIVE INFORMATION
Trust••s
Mr Peter Fox-Andrgws
Mr Chades Brockls
Mrs Jennrfer Liddiard
Mr Bruce Wdighl
Mrs Elaine Dewey
Mrs Melanie Lind8n-Femior
Charity numb•r
258459
Prfnclp•l address
71 High Street
Market Lawnglon
ltshire
SN104AG
Independenl •xamlner
Davld Owen & Co
17 The Market Pla
Devizes
IAfjll8hire
SN10 1BA
Sollcltorn
nsbroughs Sollcitors
Northgate House
Devizes
Ilshire
SNI0 1JX
Inv•$trnent adv180rn
Evelyn Partner5 Invèstment Management LLP
45 Gresham Strèet
London
EC2V 7BG

SAMUEL WILLIAM FARMER TRUST
CONTENTS
Pago
Trw8tee8' rewrt
Independent examinefs rep)rt
statemerrt offinancial activthes
Balance sheet
Notes to the finarrial ststements
7-14

SAMUEL WILLIAM FARMER TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Iru$tee$ present their annual report and financial ststements for the year ended 31 D&ember 2024.
The financial slalements have been prepared in accordar￿e with the accounliNJ wliaes set out in note 1 to tho
financial statements and comply the Trust trust deed. the CharriiesAct 2011 and 'Accounting and Reporting by
Charilie$.' Slatement of Recommen(led PractKe appli¢able to charities prepwng their acwunts in accordance with
the Fina￿1•1 Rèportlng Standard applicable in the UK and Republic of Ireland IFRS 102}" (effective 1 January
2019).
ObAectfvo$ and actlvllles
ObJoctfvoB and actlvliles
The Charity was established in 1928 for the benefit of ￿tsr persons who through ill heatth or old age are unable to
earn a livelihood, for educational purpose5 and for the benefit of hospital$, nurslng and convaloswt hcrfn8 or
similar objectwes. The Trustees while aCkno￿edg￿ng the aims and objedive¥ laid down in 1928, have applied
Snterprelation of such aim$ and objectives.
In ￿dIts0n lo applications for grants made by various ind￿IdUalS and organlsations directly to the secretary,
Trustees bring suggestion5 and 8pplication8 for grants to their half yearly meelings. There must be at least thr88
Trustees present at a meeting for éecisions to be made and agreement is by majority vmth the chsimian having the
caslirvj vote.
Statem•nl on publlc b9nefft
The trustees are aware of the Public Benefit provisions of the Charities A(# 2011 and of the guida￿ on them
published by the Charity Commission. They are satisfied that the oblects of the Charity and the acb'vrties of the
Charity within the definltions of Ch8rrtable Purposes as set down in the ACL The Trustees are not aware of any
public detriment caused by the Charity's ¢Jbjects or activities, and nor are they aware of anyone le￿Iving any
prrlale benefit from the Charity's a￿vities.
Achl•vem•nts and pertomlance
Review of actlvltles
During the year the Charity has fulfilled il objectives by providing support for the advancement of edU￿tion and the
relief of povety and suffering. Those have bean primarily located wthin the Wltshire area. A summary of the gmnts
made is found in note 4 and nolo 5 to th• financial statements.
Financial review
Golng concorn
After makir¥J appropriate enquiries, the trustees have a reasonable expedalion Ihal the Charrty has
odequale res￿1¢e$ lo contlnue Sn operalional existence for the foreseeable future. For this reason they
ontinue to adopt the going concem basis in preparing the finanual slalements. Further details regarding
the adoptKJn of the g￿ng concem basi5 can bè found in theAccoLmting Policies.

SAMUEL WILLIAM FARMER TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
IDva$tment and resgrvo poll¢y
The Chwity dislribules its income to W￿hY causes during each year and there is no policy for hddlng incom
r￿fveS_ Evelyn Partner5 have the conduct of the Trust's portfolio. The Capital Fund is invested in various income
units, stocks and shares with income from dividends depos(ted to the Income Fund. It is th8 TTUStees' pcAicy lo
retain the Capitsl Fund to generate income for di$tribution and Ihfr invastmenls are in suitably man4ed fvnds for
Ihis purpose.
The Trustees eonlinue io rewew Ihe profile of the Investments on a regular basis and roceive quartedy reports.
information from the Charity's investment managers Evelyn Partners and when required ask for their alterK18nce to
the Trusl8e$' b￿nnUal meetings.
The Charity has two funds, Income and Capitsl. Grants are made from the Income Fund. If the InC￿e FuThl is in
deficit then the Trustees have power to transfer sufficient funds from the Capital Fund lo the Income FLmd to cl
Ihe defici(. The Ir￿orne Fund al the year end was in suWu$ by £6.342 12023: £4,043).
Structurn. govèrnanc• and manag8ffl8nt
ConstRutlon
The Samud Wllliam Farmer Trust is constituted ty Deed ofTru81.
The TnJ81ee8 norm81ty meet half yearty and must meet at least fvlce a y8ar in accordance ¥￿th their
governing documenL The maxlmum number of Trustees the Charity can have is five and there must be at
least three.
Method of appolnlmont or eloctlon of Tru8t•
Vacancies are filled by the ageement of the ￿mainIng Trustees.
Statsment of tru8te68' responslbllmlos
The trustees a￿ responwble for preparing the Trustees, Repc)rt and the financial slatements in accordance with
applicable law and United Ktngdom A￿O￿nting Standards (United Kingdom Generally Accepted AcccA4nting
Pradiee).
The law applicablg to charities in Engl￿d and Wales requires the trustees to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of Ihe TTUSt and of the inconrring re80urces and
application of resources of the Trust for that year.
In preparing these fin￿la1 statements, the trustees are required lo..
- S91ecl suitable accounting polKies and then apply them consistentty..
- observe the methods and Pr￿e1ple3 In the Charities SORP.
- make judgements and estimates that are reasonable and prudent..
state whether applicable aeLounting standards have been folbwed, suty'ect to any material departures disch)sed
and explained in the flnancial statements., and
- prepare the financial statements on the going concern basis unless rt Ss Inappropriate to presume that th8
will continue in operation.
The trustee$ are responsible for keeping sufficient accounting records that disclose with reasonable a￿Ur8eY at any
time the ffinancial position of the Trust and enable them to ensufe that the financial statements compty wth the
Charities Act 2011, the Charty (Acco￿ts and Reptrrtsl Regulatlons 2008 and the provislons of ￿ trust deed. They
are also ￿SpOnsible for Safeguardi￿ the asset$ of the Trust and hence for tsknng reasonabl8 steps for thg
prevention and deledlon of frau¢Y and olh8r irregularitles.

SAMUEL WILLIAM FARMER TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The trust￿5, report was approved by the Board of Trustees.
Mr Peter
Trustea
OX-Andrews
11 Aryil 2025

SAMUEL WILLIAM FARMER TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SAMUELWILLIAM FARMER TRUST
I report to the trustses on my examlnation of the financial statements of Samuel Wlliam Famier Trust (the Trust) for
the year endgd 31 December 2024.
R•sponslbllltles and basis of report
As Ihg trustees of the Trust you are responsible for the preparation of the financlal statements in accordance wKh
the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examinatlcffl of the Twst's Ilnandal statements carried out under Section 145 of 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commissic
under seCt￿n 145151(bl of the 2011 Ad.
Independent examlnaVs ststemenl
Your attention is drawn to the fact that the charity has prepared financial 81alemenls in aC￿rdar￿ ￿th AccountirvJ
and Reporting by Chanties preparing their accoun18 in accordance with the Financial Reporting StsrKlard appli¢able
in the UK and Republic of Ireland {FRS 1021 in preference lo th8Acc/Junling and Reportrng by Charities.. Statement
of Recomrnended Practice issued ￿ 1 April 2005 which is referred to in the extsnt ragulat￿n$ but has rbjw been
withdrawn.
l understsnd that this h05 been dC￿e in order for financ(al stslements to PTovKle a true and fair view in accordance
wrth Generally Accepted Accounting Pradce effectNe for rgporting periods beginning on ¢Y after 1 January 2015.
I have completed my examinats'on. I confimi that matters have come to my attention In connection wilh the
examination giving me Causé lo telieve that in any material respect:
accounting records were not kept in ¥espect of the Trust as required by s8Ction 130 of the 2011 Act.. or
the financial statements do not accord with those records,. or
thè financial statements do not compw with the applicable requirem8nls concerning the fomi and content of
accounts set out in the Charrties (Accounts and Reports) Regulations 2008 other than any requirement that Ihe
accounts give a true and fair which is not a matter considered as part of an independent axamination.
I have no COn￿m8 and have come across no other matters in connection with the exarnimtion to vthich attentic
should be drawn in this report in order lo en8ble a proper understanding of the financial statements lo be reached.
Julian Pocock FCA CTA
David O¥Mn & Co
17 The Market Place
Devizes
Wkshire
SN1018A
Dated..
20 l)-

SAMUEL WILLIAM FARMER TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
In¢ome
fund
2024
Capll•l
fund
2024
Total
Incomo
fund
2023
Capltal
fund
2023
Totsl
2024
2023
Investment incom&
82,968
82.968
70,533
70,533
Investment
management o)slS
24,153
24,153
23,611
23,611
Charitable aclivilies
80.669
80,669
66,490
66.490
Total •xp•ndlture
80,669
24,153
104.822
66,490
23,611
90,101
Net goinsl{losses) on
investments
10
99,157
99.157
97,750
97,750
Not movgment in fund•
2,299
75,OOd
TT.303
4.043
74,139
78,182
Fund balances al 1 January
2024
4,043 2.943,476 2,947,S19
2,869.337 2.869.337
Fund balances at 31
DeCem￿r 2024
6,342 3,018,480 3,024,822
4,1M3 2,943.476 2,947.519
The 8tatem8nl of financial activities ncludes all galns and losses recogni5ed in the year.
The statement of financial ￿tt￿ties indudes all gains and lossès recognised in the year. All Ir￿Me 8nd expenditure
derive from continuing activthes.

SAMUEL WILLIAM FARMER TRUST
BALANCE SHEET
ASAT31 DECEMBER 2024
2024
2023
Not08
Flxed assets
Investments
12
2.918,8H
2,891,772
Current assets
Debtors
Investments
Cash at bank and in hand
13
14
81
78,747
29,496
159
30.117
27,703
108.324
57.979
Crndttorn: 8mounts falling due wlthln
one year
15
12.346)
12.2321
Net current assets
105,978
55,747
Totsl a88ets less current Ilabllities
3,024,822
2,947,519
Charlty Fund$
Caprtal fvnd
I￿oMe fund
16
16
3,018,480
6,342
2,943,476
4.043
3.024.822
2,947,519
The fina￿la1 statements were approv8d by the Trustees on 11 April 2025
qrP
r Fox-Andrews
Chalmian
Mr Ch8rfes Brockis
Trustee
&diLx)
rs Jennifer Liddiard
Trustee
Mr Bruce Waight
Trustsg
rs
Truste•

SAMUEL WILLIAM FARMER TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
AGGounting pollcl•s
Charfty Inf0M￿ttOn
Samuel William Farmer Trust is a public benefit entmy regislered wlh and regulated by the Charity
Commission under Gharity No. 1124955 and is gov8med by its Trust Deed.
1.1 Accounung convenllon
The finanaal statsmenls have been prepared in accordance with the Trust's goveming document. the
Charities Act 2011, FRS 102 Yhe Financial Reporbng Standard applicable in the UK and Republic of
Ireland. I'FRS 102.1 and the Charits8s SORP 'Accounling and Reporting ty Charilie8.' Statemènt of
Recommended Practice applicable to charities preparing th￿r accounts in accordan￿ with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" lfrffedive 1 January 2019). The
Trust is a Public Benefit Entity as deffined by FRS 102.
The Trust has taken advantaga of the provisions in the SORP for ch8riti&5 not lo prepare a Statement of Cash
Flows.
The financial statements have departed from the Charities {Aeeounts and R8portsl Regulation5 2008 onty to
the extent required lo provitle a true and lair vi8w. This departure has involved following the Statement of
Rocommended Practice for tharilies applying FRS 102 rather than the version of the Ststement of
Reccffimended Pract￿ is referied to in the Regulation5 but which has since been withdravm.
The financial statemenls are prepared in steding, which Is the funcilonal currency of the Trust. Monetary
amounts in these financial statements are rounded to the neorést £.
The finanaal ststemenls have been prepared under historical cost convention. m¢xlffied lo include the
revaluation of fmncial instruments at fair value. The principal accounting policies adopt&J a￿ set out
below.
1.2 Golng concern
There are no material urKertainties that may cast signrficant doubl about the Tru$l'$ abiliiy to c¥)nb'nue as a
gcAng con￿rn, thu8 the trustees continue to adopt the goiThJ concem basis of a￿UntIng in preparirKJ the
financial 5tstements.
1.3 Charitable funds
Income fiJnd is available for use al the discretion of the trustees in futther8nc8 of their charitsble objectives.
Capital lund is invested lo generate income for distribution. The Trustees hav8 the power to transfer sufficyant
fvnds from the Capital ftjnd to the Income fund lo c18ar any defkat.
1A Income
l income Is recogn18ed cfflce the Tnjst has entiuemgnl to the Income, il 1$ probabie that the income wll to
received and the 8mount of income receNable can bg measured reliably.

SAMUEL WILLIAM FARMER TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Aceountlng pollcl•s
(Conllnuedl
1.6 Expenditure
Expenditure is recognised once there Is a legal or construct￿e obligation lo transfer economic beneffit to a
third paty, rt is probable Ihol a transfer of economic benefits will be requlred In settlement, and thè amount of
the obli9alion can be measured reliably.
Expenditure is dassified by activity. The costs of aach activity are made up of the total of dir&t costs aTrJ
shared costs, induding support costs invoNted in undertaking each activty. Direct costs attributatle to a single
activity are allocated directly to that activty, Shared costs thich contribute to mcie th￿ one activity and
support costs which are not atributable to a single adivity are apportioned b&￿en those act5vi￿s on a ba$18
consistent with the use of resources.
Support costs are those costs Incurred directly in support of expenditure on the objects of the Trust
Govemance costs a￿ those incurred in wnneclion with administration of the Trust and compliance with
consb'lulignal and statutory requirements.
All expenditure is indu81ve of irrecoverable VAT.
1.6 Flxgd asset Investments
Fixed asset investments are initially measured al tranfpaclion prti exduding trans•dion costs, and a
subsequenuy measured at fair value at each reporting date. Changes in fair value are recognised in net
incomel(expenditure} ft>r the year. Tiansaciion costs are expensed as incurred.
1.7 Cash and Gash equlvalents
Cash at b8nk and in hand indudes cash.
1.8 Flnanclal In$trum8nts
The Trust only has financial a$set8 and financial liabilities of a kind that quallfy as basic finanrial instruments
and therefore the Trust has electèd to apply the provisions of Section 11 'Basic Finanaal Instruments, and
Section 12 '0ther Flnancid Instruments Issues, of FRS 102 to all of its financial instruments.
Fin8ndal Instruments are recognised in the Trust's balance sheet when the Trust t￿OmeS party to tho
¢onlr8Ctual provisions of the instrument.
1.9 Taxatlon
The Samuel Wlliam Farmer Trust, a8 a registered Charity. obtans exemption from tsxallon under part 10, ITA
2007 and s.256 TCGA 1992.
Investment Income
Inct)m•
fund
Income
account
2024
2023
Evelyn Partners". Investment income
COIF d8posil inleresl
82.782
70,373
160
82,968
70,533

SAMUEL WILLIAM FARMER TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Investment managomont Costs
Capltal
funds
geneyal
2024
C8pftal
nds
g8n8ral
2023
Evelyn Partners.. Inveslmenl management fees
24,153
23,611
24,153
23,611
Expendltur• on charlt•blo 4¢tlvities
2024
2023
Dlrect costs
Grant fiJnding of acliwties (see note 5)
72.200
58,762
Share of support and governanc8 costs (see nots 61
Supwt
Governance
4.242
4.227
3,633
4,095
80,669
66,490
Analys1$ by fund
Unrestricted funds
80.869
66.490

SAMUEL WILLIAM FARMER TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Grnnts payable
2024
2023
Grants to In¥titutlon8:
Annual Gran18
Roy81 Agricultural Benevolent In5tilulic
IndependentAge
10,000
10.000
10.000
10,000
20.000
20,000
Ctal Grants
Alexander Dewne Chiklren's Cancer Trust
Akheimers Support
Caenhill Countryside Centre
Canal & River Trust
Community Safrty Education
Care Home Volunteers
Churchfields Village School
Clapton Common Boys Club
Enham Trust
Faitheld Fam Trust
Friends of Westonbirt Arboretum
1,000
2.000
2.632
2,000
1,100
3.000
2,500
4,000
1,000
3,000
5,000
2,500
Gulde Dogs for the Bllnd
Hope ForTomorrow
Julia's House, Devize$
LarkriBe Communty Fami
Pennyhooks Farrn Trust
People Against Povety
Prospect Hospi
Re-Engage
Sch¢xsl Rgader$
Tall Ships Youth Trust
Trames & Kennet Narrow Boat Trust
Tre Devenish Bradshaw Charitable Trust
The St*s Appeal.. Sallsbury H¢)sPital
Uncle Paul's Chilli Farm
WItshi￿ Air Ambulance
Wltshire Bobby Van Trust
Wltshire Omithological Society
Wltshire Rural Music School
Wltshire Scrapstorg
Youth Adventure Trust
5.000
1.830
5,000
5,000
2,000
2,000
1,500
2,000
2,000
2,000
2,500
2,000
2,000
1.500
s,000
2,000
5,000
1,000
1,000
2,500
2,000
2.000
2,000
51,000
37,562
Grants to Indlvldual8
Infimi. Old Age and Long Service IAtJrker
1.200
1,200
Total
72,200
58,762
10-

SAMUEL WILLIAM FARMER TRUST
NOTES TO ThE FINANCIAL STATEMENTS {CONTINUED>
FOR THE YEAR ENDED 31 DECEMBER 2024
Support cmts and govemance costs
Support Governance
Costs
costs
2024
Support Governanc•
costs
costs
2023
Steff cost5
Insuran
Miscellaneous expenses
Refurbish memori81
Travel, postage,
st8tionery, meeting
8XFenses etc.. Includes
reirnlyjrsed to 811
Trust8es and 8ecretsry
3,000
85
40
700
225
3.225
85
40
700
3.000
223
82
225
3.225
223
82
417
1,264
328
836
1,164
IndgFendent examin8lh)n
fee
Accountancy
Cost oftrustee meetings
834
1.980
341
834
1,980
341
792
1,860
382
792
1,860
382
4.242
4.227
8,469
3.633
4,095
7,728
Net movement In fund8
2024
2023
The net movement In I￿￿5 is stated after chargingllcredrting)".
Fees payable for the independent examination of the tharity's financlal
ststements
834
792
Trustses
2024
2023
ReMu￿ratIon
225
225
Reimbur8ed exptn38s
1,122
1.120
Under the lems of the Trust Deed eath Trustee receives a payment of É45 durlng the year. Trustees have
been reimbursèd for the biannual Trustees, meeting meal and travelling expenses.
Employo8S
The average monthty number of employees during the year was..
2024
Number
2023
Number
Se¢xetary
11

SAMUEL WILLIAM FARMER TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Employefrs
{Contlnued)
Employmont ¢08t•
2024
2023
Il*dge8 and salarie$
3.000
3,000
There were no ompjoyees whose annual remuneration was more than £60.OLh).
10 Net galn8lllosses) on inv•stmonts
Capital
funds
2024
Capital
fund$
2023
Revaluab"on of investments
Realised gainl{lossl on sale of investments
113,288
114.1311
97,672
(122)
99.157
97,750
11 Taxallon
The charty is exempt from taxation on its actiwties becaltse all its income is applEd for d)arilable purposes.
12 Flx•(l au8t investments
Listed
Investments
Cost orvaluatlon
At 1 January 2024
Additions
Valuation changes
DisJ)osals IProceeds £466,129)
2,891.772
394,044
113,288
(480,260)
At 31 December 2024
2,918,844
Carylng amount
At 31 December 2024
2,918,844
Al 31 Decembw 2023
2.891,772
I Investments are carried al their fair value. Investments in equities and fixed interest sewnlies are trad8d in
quoted public markets, primarity the London Stock Markets. The basis offair valu8 for the listed investments 1$
equNalent to the market Value. using bid price. The rev8luatOon was performed by Evelyn Partners.
12-

SAMUEL WILLIAM FARMER TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
13 Debtors
2024
2023
Amounts falllng due wlthln ono y•ar:
Other debtors
Prepaymerts and acLnJed income
25
56
74
81
159
14 Current asset investments
2024
2023
Cash hold ty Evelyn Partners
78,747
30,117
16 Credltors: amounts falllng duo within one year
2024
2023
ACttl￿lS and deferred income
2,346
2.232
16 Ststemenl of funds
ststemonl offund$- current y•ar
Movemollt In funds
Resourc88
Transf¢
pond8d
8alan¢• at
1 Janwry 2024
Incomlr
Galn¥ and
8alanu 4t
IoH¢8 310g¢•mber
2024
Capital fund
Inccffie fvnd
2.943.476
4.043
{24,1531
{80,6691
99.157 3,018.480
6.332
82,958
2,947.519
82.958
(104.8221
99.157 3,024,822
Statsment of funds- prevlous y••r
Movemgnt In funds
Resources
TrnMleYs
•xp8nd6d
B11•n￿ •l
Incomin9
1 January 2023 reoourG9S
GOI￿ and
8alan¢o Ot
los￿ 31 Decornb•r
2023
Capital fund
Income fund
2.869,337
123,611}
166,490}
97,750 2.943,476
4.043
70,533
2,869,337
70,533
190.101}
97.750 2,947,519
The Trust has knvo funds, Income and Capital. Grants are made from the Ir￿me FuTrJ. If the Income Fund is
in deficit then the Trustees have the wwer to transfer sufficient funds from the Capital Fund to the Income
Fund to clear the deficit.
13-

SAMUEL WILLIAM FARMER TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
17 Analysis of net as¥9ts b8twe8n lunds
Incom• fund Capltal fund
2024
2024
Total In￿me fiJnd Capltal fund
2024
2023
2023
Total
2023
Fund balances al 31
December 2024 are
represented by..
Investrnenls
Current assetsllliabilitiesl
2.918,844 2,918,844
99.636
105,978
2,891.772 2,891,772
51,704
55,747
6.342
4,043
6,342 3,018.480 3.024.822
4,043 2,943.476 2.947,519
18 Relal¢d party transactlons
Thore were no disdosable relate(# party transactions during the year12023- £Nil).
14-