Charity Registration Number- 283322
A W Charitable Trust
Report and Accounts
30 June 2025
B Olsberg & Co
Chartered Accountants & Statutory Auditor
Enterprise House
3 Middleton Road
Manchester
M8 5DT

A W Charitsble Trust
Report and accounts forthe year ended 30 June 2025
Contents
Page
Charity information
Trustees. Annual Report
Statement of dire¢tor$' responsibilities
Independent Auditors. Report
Funds Statements.'_
statement of Financial Activities
Statement of total recognised gains and losses
Movements in funds
14
15
16
Revaluation reserves
Revenue Funds
Summary offunds
Income and Expenditure account
16
16
16
17
Balanee sheet
Cash flow statement
Notes to the accounts
18
20
23

A W Charitable Trust
Trustees, Annual Report for the year ended 30 June 2025
The Trustees present their Report and Accounts for the year ended 30 June 2025.
Reference and administrative details
The charity name.
The legal name of the charity is:_ A W Charitable Trust.
The charity's areas operation and UK charitable registrntion.
The charity 15 r8gistered in Eng18nd & W818S Wlth th8 Charity Commission in England & Wales
ICCEW with charity number 283322.
The charity does not operate in any overseas jurisdictions.
Legal structure ofthe charity
The charity is constituted as an unincorporated charity, established by Trust Deed. The governing
document of the d)arity is the Trust Deed establishing the charity.
The governing docurnent is dated 01 August 1981
There are no restrictions in the governing documents on the operation of the Charity or on its
investment powers other than those imposed by Charity Law.
The Iluslees 8re all individuals

A W Charitable Trust
Trustees, Annual Report for the year ended 30 June 2025
The Reglstered Address Is at'.-
1 Allandale Court, Waterpark Road, Salford. Manchester, M7 4JL
Thè Trustaès in offic• on thè data tha raport was appro￿￿ w&r*=.
A Weis
S Weis
Mrs R Weis
The following persons served as Trustees during the year ended 30 June 2025 :.
The trustees who served as a trustee in the reporting period were as shown above. and there
were no changes during the year, or in the period belween the year end and the approval of the
acwunls.
Objects and activities of the charity
The purposes of the charity as set out in its governing document
The tIU5tee5 wish to support all worthy orthodox Jewish causes and the Chaiity achieves its
objects by making grants and distributing rnainly to Jewish education and religious organisations.
The tharity's objects and its principal 8clivilies are..
1. To advance education and religion in accordance with the doctrines and principles of Orthodox
Judaism.
2. To relieve poverty and cairy out other charitable purposes.
The charity is organised so that the trustees meet regularly to manage its affairs. The charity
does not employ any staff or use voluntary assistan￿. Administration of the chaiity is dealt with
by the trustees.
The main activities undertaken in relation to th¢)se purposes during the year.
The charity received rental income and interest which enabled it to make substantial distributions.

A W Charitable Trust
Trustees, Annual Report for the year ended 30 June 2025
The main activiti#s undèrtakèn durin9 th• yèar to furthèr thè ehèritys purposè for th•
public bèn•fiL
The trustees have referred to the guidance contained in the chaiity commissioners general
guidance on public benefit when reviewing the trust's aims and objectives. and in planning future
activities and setting the grant policy for the year.
Within these objects, the trustees, 8itn 15 to play its Part in the dissemin8tion of the teachings,
knowledge and practice of the Jewish religion and to relieve suffering as a result of health and
poverty in the Jewish community.
Grant making policies and how thos• contrlbuted to tho achlevamgnt of the charfty's alms
and objectives during the year.
The poliry is to 8ssisI in the furtherance of Jewish educatlon and religion, ielieve poverty assist
th those in need of medical help and to alleviate hardship wherever possible. AJI applications
and requests are considered on their tswn merit.
Thè main aehi•vèm•nts and performaneè of thè eharity during thè yèar.
The Statement of Financial Activities shows a total incorne of £17,613,123, grants made of
£10,406,281, support costs of £1,442,930 and governance costs of £17,000, resulting in a
surplus for the year as detailed below.
Funds available are sufficient to permit the charity to continue in operation and continue
making charitable grants in line with its grant making policies.
Grants were reduced this year as the trustees reduced their exposure to the banks
by paying off various large loans. Funds were also retained for future investment.
11 is hoped to Increase grants payable, lo pievious levels, in due course.

A W Charitable Trust
Trustees, Annual Report for the year ended 30 June 2025
The difference the charitys perfom?ance during the year has made to the beneficiaries of
the charity and
the degree to which the achievements andperformance during the yearhave benefited
widersociety.
Funds have been paid to tnany recipients and accordingly the performance of the charity h85
benefitted many beneficiaries.
Thg slgnlflcant charltable actlvld•s und8rtak•n In thè ygar.
The significant activity of the charity during the year was the payment of charitable grants. based
on the needs ol beneficiaries.
How th• achi•v•n70nts during thè yèèrm•èsur• up to thè objèetiv•s sot.
The Charity has achieved its objectives during the year.
Investmantperformance against the inv•stm&nt Objecti￿$.
The investments have continued to perfom in line with expectations.
struthjre, governance and management of the Charity
The methods used to recruitand 8ppoint new charity trustees.
The structure of the Charity consists of three trustees. The board ol trustees is authorised to
appoint new trustees where appropriate.
Most tiustees on appointment are already familiar with the practical work of the chaiity. Ne￿Y
appointed trustees receive necessary luilion frorll existing trustees and are given access to
Charity Commission publications.
Group Structure and Relationships
The Charity has two wholly owned non-charitable subsidiaries, Barnsfold Limited and Torland
Limited, whose activrtl85 and trading p8rfotm8nce a18 disclosed in th8 not85 to the fin8nci81
slalements.

A W Charitable Trust
Trustees, Annual Report for the year ended 30 June 2025
The charity's relationships with tElatedparties.
In 8ddition lo the subsidiaries mentioned above, the Charity has business ielalionships with 115
trustees and those close to one ol them, as Managing Agents and also in connection with loans
owed to and from thetn. These are as listed in the notes.
The trustees'bankers and advisors
Bankers
Soliators
Auditors
Bar¢lay5. HSBC. Glydesdale and Unity
Fladgate LLP, London WC28 5DE
B Olsberg & Co. Chartered Aooounlanls. M8nchester M8 5DT
Financial revièw
The charlty's flnanclal posltlon at the and of thè ￿ded 30 Juno 2025
The financial position of the charity 8130 June 2025 and comparatives for the prior period. a5
more fully detailed in the accounts, can be summarised as follows'.-
2025
2024
Net Income
5.731.906
20.078.895
Trust capitsl
10
10
Unrestricied Revenue Funds available for
the general purposes of the chaiity
Unrestricted revaluation reserve
249,199,801
243,467,895
21,298,107
270,497,908
52,870,626
296,338,521
Total Unrestricted Funds
Total Funds
270,497,918
296,338,531
Flnanclal mvlgw of the posltlon at tha rgportlng datg, 30 Jung 2025.
The tIU5t8e5 consider the fin8nCI81 p8rform8nc8 by the charity during th8 y88r to hav8 been
satisfactory.
Specific changes in fixed assets are detailed in the notes to the aooounls.

A W Charitable Trust
Trustees, Annual Report for the year ended 30 June 2025
Polici•s on rèsorvès.
The trustees intend lo m8inlain 8 high level of distributions frorll income and lo also relain
reserves for the repayment of loans and unforeseen contingencies.
Going Concern
The trustees are satisfied that the Charity is a going concern. There are sufficient assets to pay off
its liabilities and continue its activrties for the forseeable future.
Availability andadequa¢y of assets of ea¢h of the fund
The board of trustees 13 satisfied that the charity's assets in the fund are available and adequate
to fulfil its obligations in respect of the fund.
Investmentpolicy and investment objectives.
Under the trust deed the charity has the power to make any investment which the trustees see fit.
The tIU5tee5 ale const8ndy seeking inv85tni8nt opportunit185 to assist the ttU5t In achi8ving its
objectives.
Th8 risks to which thg Charity is gxpos8d and revigws and systgms to mitigat• them.
The risks to which the charity is exposed largely center around the sustainability of rental income
and Iheieby maintaining c8Pltal values. The trustees actively review the risks which the charity
laces on a regular basis and believe that maintaining reserves at current levels combined with an
annual ieview of the controls over key financial systems, will provide sufficient resources in the
event of adverse conditions. The trustees have also examined other operational and business
risks faced by the charity and confirm that they have established systems to mitigate any
significant 115ks. They con5idei that pioperty investrnent 15 Suitable to attain the object of the
charity and that the charity is not exposed to any foreseeable risk in connection wrth their
activities.
Factors likèly to aff8et futur• financial p•rformane•.
There are no known factors, likely to affect future perfomiance.

A W Charitable Trust
Trustees, Annual Report for the year ended 30 June 2025
Plans For th• Futur•
Summary of plan¥ for the future and the tru¥teeB' perspedive of the future direction of the
harity.
The Ilustee's plans 8re lo continue receiving donations and incorne froTn inve51menls and make
distributions as in previous years.
Details of The Auditor
B Olsberg
Chartered Accountant & Slalulory Auditor
B Olsberg & Co
Enterprise House
3 Middleton Road
Manchester
M8 5DT
Statsmènt as to (lisclosurè of infomiation to auditors
The trustees slate that so far as each of the trustees at the time this report was approved are
aware:_
al There is no relevant audit information las defined by section 418131 of the Companies Act
20061 of which the auditor5 ale unaware, and
bl The trustees have taken all steps that they ought to have taken to make themselves
aware of any relevant audit infomation and establish that the auditors are aware of that
information.

A W Charitable Trust
Trustees, Annual Report for the year ended 30 June 2025
ststement of Tru¥tee¥' Re¥ponsibilities
The charity'5 trLJStees are responsible for the preparation of the accounts In accordance wth the
terms of the Charities Act 2011 and the Charities IAccounts and Reports) Regulations 2008.
Notwithstsnding the explicit requirement in the extant statutory regulations,the Charities (Accounts
and Reports) Regulation5 2008. to piepare the fin8nC181 statements in 8ccoid8nce with the SORP
2005, in view of the fact that the SORP 2005 has been withdrawn. the Trustees determined to
interpret this responsibilty as iequiiing them to follow current best practice and prepare the
accounts according to the FRS 102 SORP (Statement of Re￿mmended Practice for Accounting
and Reporting by Charities) 2015, las amended by the Bulletin issued in October 2018 and
applicable to all accounting period5 beginning on or after 1st JanLJary 20191, IThe SORPI,
In particular, charity law requires the Trustees, if they piepare accounts on an accrua15 b851S, to
prepare financial statements for each financial year which give a true and fair view of the state of
affairs of the charity as at the end of the financial year and of the surplus or defiut ol the charity.
In preparing those financial slalernenls the Tru51ees 8re required lo
to prepare the accounts in accordance wth United Kingdorn Generally Accepted
Accounting Practice (United Kingdom Accounting Standards and applicable lawl.
sele¢l suitable accounting policies and apply them wnsi5tenlly',
make judgements and estimates that are reasonable and prudent.,
prepare the financial slalernents on the going concern basis unles5 It is inappropriate
to presume that the charity will continue in business",
stale whether applicable 8ccounting $18Nd8rds and ststements of
recommended practice have been followed, subject to any material
departures disclosed and explained in the financial statements.,
The law requires that the Ilustees tnust not appiove the accounts unless they are satisfied that
they give a true and fair view of the state ol affairs of the charity and of the surplus or deficit of the
charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose
wlh reasonable accuracy at any lirlle the financial position of the charity and which are sufficient
to show and explain the charity's transactions and enable them to ensure that the financial
statements comply with regulations made under the Chaiities Act 2011. They are 3150 responsible
lor safeguarding the assets of the charity and hen￿ for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the TrLJStees' report, and the statutory
responsibility of the auditor in relation to the Trustees. report Is lirnited lo ex8miniNg the report and
ensuring that , the report is consistent with the figures disdosed in the financial statements.

A W Charitable Trust
Trustees, Annual Report for the year ended 30 June 2025
This rewjrt was approved by the board of trustees on 30 April 2026.
S Weis
Trustee

A W Charitable Trust
Ind8p8nd8nt Auditors. Report to the Tru$t90s of the charity on the consolidated group a¢¢ounts
for the year ended 30 June 2025
Introduction
We have audited the consolidated financial stslemenls of A W Ch8ritsble Trust for the year ended 30
June 2025. as sel out on pages 14 10 33, which comprise the Statement of Financial Aclivilies, the
Income and Expenditure Account, the Statement of Recognised Gains and Losses , the Balance Sheet
and the related notes to the financial statements. including a summary of significant accounting policies.
In our opinion, the accompanying financial slalemenls of the charitable group are prepared, in all material
respects, in accord8nce with charity law 8ppli¢able within the jurisdiction of England & Wales and, in
particular. the a¢¢ounts have been prepared in a¢cordan¢e with FRS 102 SORP Istalemenl of
Recommended Practice for Accounting and Reporting by Charities) 2015, las amended by the Bulletin
issued in October 2018 and applicable lo all accounting periods beginning on or after 1st January 20191,
(The SORPI, published by the Charity Commission in England & Wales ICCEW . effective January
2018, under the historical cost convention, and in accordance with the accounting policies set out on
page 23, which framework constitutes the applicable United Kingdom Generally Accepted Accountin9
Practice.
Limitation of liability
This report is made solely to the Ttuslees of the charitable group, as a body, in accordance with the
requirements of Section 154 of the Charities Ad 2011 {The Act). Our work has been undertaken so that
we might slate lo the Trustees those matters we are required lo state lo them in an Auditor's Report and
for no other purpose. To the fullest exlenl permitted by law, we do not accept or assume liability or
responsibility to anyone other than the Trustees as a body, for our work, for this report or for the opinions
we have formed.
Basis for our opinion
We have been appointed as auditors under section 144121 of The Charities Act 2011 and report in
accordance with regulations made under sedion 154 of that Act.
We ¢ondu¢ted our audit in accordance with International Standards on Auditing IISAS-UKI, issued by the
Financial Reporting Council, and applicable law. Our responsibilrties under those standards are further
described in the Auditors, Responsibilities for the Audit of the Financial Slalemenls section of our report.
We are independent of the charity in accordance with the ethical requirements that are relevant lo our
audit of the financial slalemenls in England & Wales, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained Is sufficient and appropriate to provide a basis for our opinion.
Responsibilities of Management and Those Charged with Governance for the Financial
Statements
As described on page 8, you, the charitable group's Trustees, are responsible for the preparation of the
consolidated financial ststements for the charitsble group in accordance with the Charrties Act 2011 and
all other applicable law and with United Kingdom Generally Accepted Accounting Pracliceand for being
satisfied that the financial slalemenls give a Itue and fair view.

A W Charitable Trust
The Truslees,who are charged with governance, are responsible for overseeing the charitable group's
financial reporting process.
Management is responsible for the preparation of the financial slalemenls in accordance with charity law
of the jurisdiction of England & Wales and for such internal control as management determines is
necessary to enable the preparation of financial statements that are free from material misstatement,
whether due to fraud or error. In preparing the financial slalemenls, management is responsible for
assessing the charity'5 ability lo continue as a going concern, disclosing, as applicable, matters related to
going concern and using the going con￿rn basis of accounting unless management either intends lo
Iiquidale the charity or to ￿ase operations, or has no realistic alternative bul to do so.
Auditorfs Responsibilities for the Audit of the Financial Statements
Our objectives are lo obtain reasonable assurance about whether the ¢onsolidaled financial statements
as a whole are free from material misstatement, whether due to fraud or error, and lo issue an auditor's
report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a
guarantee that an audit conducted in accordan￿ with ISAS-UK will always delect a material
misslalemenl when il exists. Misslalemenls can arise from fraud or error and are considered material if,
individually or in the aggregate, they could reasonably be expected lo influence the economic decisions
of users taken on the basis of these financial slatemenls.
Our responsibility is lo audit and express an opinion on the consolidated financial statements in
accordance with relevant legal and regulatory requirements and ISAS-UK. Those standard5 require us to
comply with the Ethical Standards for Auditors published by the Financial Reporting Council and to'_
Identify and assess the risks of material misstalemenl of the financial stalemenls, whether due to
fraud or error, lo design and perform audit procedures responsive lo those risks and lo obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion",
To obtain an understanding of internal control relevant to the audf( in order to design audit procedures
that are appropriate for the circumstances, bul not for the purpose of expressing an opinion of the
effectiveness of the Charity's internal control.,
To evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the charity.,
To conclude on the appropriateness of the charity's use of the going concern basis of accounting and,
based on the audit evidence obtained, whether a material uncertainty exists related lo events or
conditions that may cast significant doubl on the charity's ability to continue as a going concern,.
To evaluate the overall presentation, structure and ¢onlenl of the consolidated financial stslemenls,
including the disclosures, and whether the financial statements represent the underlying transactions
and events in a manner that achieves a fair presentation.
Obtain sufficient appropriate evidence regarding the financial information of the entities or business
activities within the group lo express an opinion on the group financial statements.,
We are required lo report to the Trustees our opinion as to whether the consolidated financial statements
give a true and fair view and have been properfy prepared in accordan￿ wrth United Kingdom Generally
Accepted Accounting Practice and the Charities (Accounts and Reports) Regulations 2008.

A W Charitable Trust
We are also required lo report to you if. in our opinion, the Trustees, Annual Report is materially
inconsislenl wrth the financial stalemenls, if the charity has not kept adequate accounting records, if the
charity's financial slalemenls are not in agreement with the accounting records and returns, or if we have
not received all the information and explanations we require for our audit, or if information specified by
law regarding Trustees. remuneration and transactions with the charity is not disclosed.
In addition. we read all the financial and non-financial information in the Trustees. Annual Report lo
identify material Inconsistencies with the audited financial slalemenls and to Identify any Information that
is app8renlly materially incorrect based on, or materially inconsislenl with, the knowledge acquired by us
in the course of performing the aLJdil. If we become aware of any apparent material misstatements or
inconsistencies we consider the implications for our report.
We Conduded our aud(t in accordance with ISAS-UK and in accordance with the Practice Note ' The
Audit of Charities in the United Kingdom, revised in March 2012.
We are required lo plan and perform our audit so as to meet the above requirements and lo obtain all the
information and explanations which we consider necessary in order lo provide us with sufficient evidence
to give reasonable assuran￿ that the financial statements are free from material misstatement, whether
caused by fraud or other irregularty or error.
In the course of OLJr audit. we communicate with those charged with governance regarding, among other
matters, the planned scope and liming of the audit and significant audit findings, including any significant
deficiencies in internal control that we identify during the audit.
Assistance with accountancy and tax matters
In accordance with the exemptlon provided by APB Ethical Standard - Provisions Available for Smaller
Entities, we have prepared and submitted the charty's returns lo the lax authorities and assisted with the
preparation of the accounts.
Ellglbllty of audltor and status of audlt
We confirm that we are eligible under section 144121 of the Charities Act 2011 to conduct this audit, and
that this report is a report in respect of an audit carried out under the Act and in accordance with the
related regulations.
Attention is drawn lo the accounting policy staling that, notwilhslanding the explicit requirement in the
extant slalutory regulations, the Charities (Accounts and Reportsl RegLJlalions 2008. to prepare the
financial statements in accordan￿ with the SORP 2005, in view of the fact that the SORP 2005 has been
withdrawn, and in order to accord with current best practice, the Trustees have determined to prepare the
financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for
Accounting and Reporting by Charities) 2015, las amended by the Bulletin issued in October 2018 and
applicable to all accounting periods beginning on or after 1st January 20191, (The SORPI, We concur
with this approach, and any references in our report lo the regulations should be read subject to this
comment.
12

A W Charitable Trust
Oplnlon on the Flnanclal Ststements
In accord8nce with Regulations 25igl and Ihl of the Charities (Accounts and Reports) Regulations 2008,
in our opinion the charity's financial statements..
Give a true and fair view of the slate of affairs of the charitable group as at 30 June 2025 and of ils
Inwme and Expenditure for the financial year then ended and, in particular, the financial statements
hsve been properly prepared, in 811 material respects, in accordance wlh Uni(ed Kingdom Generally
Accepted Accounting Practice applicable lo entities of its size and have been properly prepared in
accordance with the requirements of the Charities Act 2011., and
have been prepared in accordance with the methods and principles required by the FRS102
Slalemenl of Recommended Practice for Accounting and Reporting issued by the Charity
Commission in England & Wales ICCEWI , effective January 2015 (The SORPI, and those methods
and principles have been followed.
Matters upon which we are required to report by exception
We have nothing to report in respect of the following matters where the law requires us lo report to you,
if in our opinion..
the charitable group has not kept adequate accounting records., or
the financial stslemenls are not in agreement with the accounting records and returns,. or
rf information specrfied by law regarding Trustees. remuneration and transactions with the charity is
not disclosed.
we have not received all the information and explanations we require for our audit.
Sign9d:.
B Olsberg
Chartered Accountant & Slalulory Auditor
B Olsberg & Co
Enterprise House
3 Middleton Road
Manchester
M8 5DT
This report was signed on 30 April 2026

A W Charitable Trust- Consolidated Statement of Financial Activiti8s for the year ended 30 June 2025
Consolidèt•d Stat•m•nt of Financial Activitiès for thè yèar ènded 30 Jun• 2025
Current year
Unrestricted
Funds
2025
Current year
Restricted
Funds
2025
Current year
Totsl Funds
Ptlor Year
Total Fund5
2025
2024
Income & Endowments from..
Donations & Legacies
Investments
Other
10,000,000
17.572,196
14261
17,599.832
13.291
17,599,832
13,291
Total Income
17.613,123
17,613,123
27,571.770
Expenditure on..
Charitable a¢tivitEs
Tax on surplus on ordinary actpiities
11,866.211
15.oc
11,866,211
1S,006
7.492,875
Total expendilure
11,881,217
11,881,217
7,492,875
Net incom8 forthe year
5.731,906
5,731,906
20.078.895
Net Income aftertransfers
5.731,S¥J8
5,731,906
20,078.895
Net movement In tunds
5.731,906
5,731,906
20,078.895
Reconciliation of fund$'..
Revaluation on Investments
131,572.5191
131,572,519)
Total funds brought forward
296,338.531
296,338,531
276,259,636
Total Carried forward
270,497,918
270,497,918
296,338,531
As required by paragraph 4.60 of the SORP. the brougm fotvrard and carried fotward funds atM)ve have been agreed lo the Balan
Sheet.
A Statement of Total Recognised Gains and Losses is induded a8 a primary statement in these accounts.
All activities derive from continuing operations
The net income 81ated above is made up a8 follow8..
Charity
sub8idiar￿S
Croup Total
5.759.622
127.7161
5,731,906
5.759,622
127.7161
5,731.906
19,995.257
83,638
20.078,895
The notes attached on page5 23 to 33 form an integral part of these accounts.
14

A W Charitable Trust- Consolidated Statement of Financial Activiti8s for the year ended 30 June 2025
Consolidated Statement of Total Recognised Gains and Losses for the year ended 30 June 2025
202S
2024
Surplu$ for the year:.
Net excess of in￿rne overexpenditure from operations befo￿ tsx
5.746.912
20,078,895
Income from operations before tax in the Statement of Financial Activitss
5,746,912
20,078.895
Net Movement in fund$ before taxaiitsn
5,746,912
20,078,895
Taxation ari8ing in the year
115.0061
Funds ganerated in the year as shown on Statement of Financial Activities
5,731,906
20,078.895
The notes attached on pages 23 to 33 fom) an integral part of these accounts.
A W CharStable Trust- Group Resources avallable Sn the year ended 30 June 2025 towards fixed
assèts for Charity usè=_
2025
2024
Funds generated in the year as detailed in the SOFA
5.731.906
20,078,895
Net resources available to fund charitsble activit195
5,731,906
20,078.895
The notes attached on pages 23 to 33 form an intsgral part of th8S8 accounts.
15

A W Charitable Trust- Consolidated Statement of Financial Activiti8s for the year ended 30 June 2025
Con801idated movements in revenue and capitsl fund8 for the year ended 30 June 2025
Revenue accumulated funds
Unrestricted
Funds
2025
Restricted
Funds
2025
Total
Funds
2025
Last year
Total Funds
2024
Accumulated fund$ brought forward
243.467.895
243.467.895
223.389.000
Recognised gains and losses before
transfers
5,731.90e
5.731.906
20,078,895
249,199,801
249,199,801
243,467,895
Closing r8venug fund5
249,199,801
249,199,801
243,467,895
Con$olldated Revaluatlon Reserve Fund
Unrestricted
Funds
2025
R8strictgd
Funds
2025
Total
Funds
2025
Last year
Totsl Funds
2024
A11Juty
Movement$ during the year
52,870.826
131,572.5191
52,870,626
131,572,519)
52,870,626
At 30 Jun8
21.298,107
21,298,107
52,870.626
Sumrnary of consolidated fund5
Unrestrlcted
and
Designated funds
2025
Restrlcted
Fund$
Total
Funds
Last Year
Totsl Fund$
2025
2025
2024
Trust Capital
Revenue accumulated funds
Revaluation reserve fund
10
249.199.801
21,298.107
249,199,801
21,298,107
243,467,895
52,870,626
Total
270,497,918
270,497,918
296,338,531
The notes attached on pages 23 to 33 form an Integral part of these accounts.
16

A W Charitable Trust- Consolidated Statement of Financial Activiti8s for the year ended 30 June 2025
A W Charitable Trust
Consolidated Income and Expenditure Account for the year ended 30 June 2025
2025
2024
In¢ome
Income from operation8
10,000,000
Investment income and interest
Incorne from investments. other than interest receivable
Interest rec8ivable
Other operating Income
17.042.725
557,107
13.291
17,012,696
559,500
14261
Gross income in the year before exceptional items
17,613,123
27,571.770
Gross income in the year including exceptional items
17,613,123
27,571,770
Expendlture
Charitable exp&nditure, exduding dèpreciation and amortisation
Governance costs
Intere51 payable
Realised losses on disposals of social investments which ar8 programme relatsd
10.667,286
17.000
1.181.925
5,922,843
20.702
1,549,330
Totsl expendilure in the year
11,866,211
7,492,875
Net Income before tax In the flnanclal year
5,746.912
20,078.895
Tax on 5urplu5 on ordinary actriities
15.006
Net In¢ome atter tsx In the flnanclal year
5,731.906
20,078.895
Retained surplus forthe financial year
5,731,906
20,078.895
All activities derive frotn continuing operations
In accordance with the provisions of the Comp8ni?8 Act 2006. the headings and 8ubh8adings used in the Income and
Expenditure account have been adapted to reflect the speual nature of the charity's activities.
The notes attached on page5 23 to 33 form an integral part of these accounts.
17

A W Charitable Trust- Group Balance Sheet as at 30 June 2025
Notes
2025
2024
Fixgd assets
Investments held as fixed assets
14
278,037,833
309,610,352
Current assets
Debtors
Cash at bank and in hand
16
583,579
15,645,580
2,684,995
11,863,959
Total current assets
18,229,159
14,548,954
Credltors: amounts falllng due
within one year
17
16,186,395)
16,599,321)
Net current assets
10,042,764
7,949,633
288,080,597
317,559,985
Net assets
Creditors.. amounts falling due after
MO￿ than one year
18
117,582,679)
121,221,454)
The total net assets of the charity
270.497.918
296.338,531
The total net assets of the charity are funded by the funds ofthe charty, as follows:.
Restricted funds
Unrestricted Funds
Trust Capital
Unreslricled Revenue Funds
Unreslricled Revaluation Reserve
21
10
25 249,199,801
25
21,298,107
10
243,467,895
52,870,626
270,497,918
296,338,531
Designated Funds
Total charity funds
270,497,918
296,338,531
18

A W Charitable Trust- Group Balance Sheet as at 30 June 2025
The Trustees acknowledge their responsibilities for complying with the requirements of charity
legislation with respect to accounting records and the preparation of accounts.
The charitable group is subject lo audit under charity legislation, and the report of the Charities Act
auditor Is on page 13.
S Weis
Trustee
Approved by the board of trustees on 30 April 2026
The notes attached on pages 23 to 33 form an integral part of these accounts.
19

A W Charitable Trust
Consolidated Cash Flow Statement for the year ended 30 June 2025
2025
2024
Cash flows from operatlng actlvltles
Net cash provided by operating activities as shown below
113,965,775)
2,280,115
Cash flows from investing activities
Interest received
Other investment income, including rents from investments
557,107
17,042,725
559,500
17,012,696
Net cash provided by investing activities
17.599,832
17.572,196
Cash flows from financing activities
Repayment of amounts borrowed
147,564
128,865,896)
Net cash provided by financing activities
147.564
128.865.8961
Overall cash provided by all activities
3,781,621
{9,013,585}
Cash movements
Change in cash and cash equivalents from activities in
the year ended 30 June 2025
3,781,621
19,013,585)
Cash and cash equivalents at 1 July 2024
11,863,959
25,817,800
Change in cash and cash equivalents due lo exchange rale movements
Cash at bank and in hand less overdrafts at 30 June 2025
15.645,580
16.804,215
20

A W Charitable Trust
Consolidated Cash Flow Statement for the year ended 30 June 2025
A W Charitable Trust
Cash Flow Statement for the year ended 30 June 2025 - Continued
Reconciliation of net income to net cash flow from operating activities
Net Income as shown in the Statement of Financial Activities
5,731,906
20,078,895
Adjustments for:.
Write downs of investments
Net unrealised losses on investment assets
Dividends, interest and rents from investments
Decrease in debtors
Increase in creditors, exduding loans
117,599,832)
2,101,416
14, 199,2651
117,572,196)
1145,5001
181,0841
Net cash provlded by operatlng actlvltles
113,965,775}
2,280,115
Analysis of cash and cash equivalents
2025
2024
Cash in hand at for the year ended 30 June 2025
15,645,580
11,863,959
Total cash and cash equivalents
15.645,580
11.863,959
A W Charitable Trust
Cash Flow Statement for the year ended 30 June 2025- Continued
Analysis of change in net debt
Atstart
Cash
Flows
3,781,621
At end
of year
15,645,580
Cash and Cash Equivalents
Cash
of year
11,863,959
Borrowings
Loans falling due within one year
Loans falling due after more than one year
Finance lease obligations
11,863,959
158,6891
116,652,642)
3,781,621
1217,5271
69,963
18,1831
15,645,580
1276,2161
116,582,679)
18,1831
Total
14,847,372)
3,625,874
11,221,498)
21

A W Charitable Trust
Notes to th8 Accounts for th• yèar ended 30 Jun8 2025
1 Accounting policies
Polici8s relating to the production of the account5.
Basis of preparation and ac¢ounting convention
The accounts have been prepared on the accruals basis, under the historitAI cost convention, as modified by the revaluation
of Fixed Assets. and in accordan￿ with the Financial Reporting Standard 102, (effective 1st January 20161 and'FRS 102
SORP (Statement of Recommended Practice forAetounting and Reporting by Charities) 2015. las amended by the Bulletin
i55ued in October 2018 and applicable to all accounting perio￿5 beginning on 01 after 1st January 20191, (The SORPI,
published by the Charity Comm188ion in England & Wales ICCEWI. effective J8nuary 2016. and In accordance with all
applicable law in the tharity's jurisdiction of registration. except that the charity has prepared the financial slalements in
accordance with the FRS 102 SORP (Statement of Recommended Practice forAtcounting and Reporting by Charities) 2015.
las arnended by the Bulletin i55ued in October 2018 and applicable to all accounting periods beginning on or after 1st Janu8ry
20191, (The SORPI, in preference to the previou8 SORP. the SORP 2005, which ha8 been Mthdrawn, notwilh81anding the fact
that the extant ststutory regulations, the Charities (Accounts and Report51 Regulations 2008 refer explicitty to the SORP 2005.
This has been donè to accord with current best practice.
Going Concern
The charitable activities are entirely dependent on continuing rental income and voluntary donations. As a consequence. the
going concem basis is dependent on the future flow of these funding streams. Accor(lin9ly, the Trustees have obtained
forecasts and. after reviewing the financial forecasts for future periods to 28th February 2023, the Trustees are satisfied that.
at the lirne of approving the finanual stalemenls, 11 is appropriate lo adopt the going concern basis in preparing the financial
statements. Other than these mallers. the Tru81eè8 are not aware of any material uncertainites about the charity'8 ability lo
continue as a going concern.
Publlc Beneflt
The charity is a public benefrt entity.
Poll¢le$ relatlng to ¢ategorle$ of l*Tr¢ome atr)d Income re¢ogfft)Itlon.
Nature of income
Gross incorne represents the value, net of value added tsx and discoun15, of rental incorne.
Categorle$ ot In¢ome
Rental income from investment properties is induded in the SOFA in the year which it 18 receivable.
Other income represents surpluslldeficill on the joint pro￿ty syndicates and is included in the SOFAwhen received.
Banks and bu1￿1ng Society interest is induded in the year in which it is receivable.
22

A W Charitable Trust
Notes to th8 Accounts for th• yèar ended 30 Jun8 2025
Incomo recognition
Income, whether from exchange or non exchange transactions. is re¢ognisetl in the slaletnent of finantial a￿1vitIeS ISOFAI on
receivable basis. when a transaction or olh8r event results in an incre88e in the eharity's assets or a reduction in its liabilities
and only when the charity has legal entIt￿Ment, the incorne 15 probable and can be Measured reliably.
Income subject lo terms and conditions which must be met before the Charity is enlilled lo the ￿$ou￿$ is not re¢ognised until
the conditions have been met.
l income is accounl8d for gross, before deducting any related fees or c0818.
Policies relatino to expenditure on goods and$ervi¢e$ provided to the charity.
Recognition of liabiliti￿ and exp8nditure
A liability, and the related ex￿ndIture, is recognised when a legal or con81ructive oblig81ion exists as a result of a p8818venl,
and when il is more likely than not that a transfer of e¢onomi¢ benefits wll be oquired in setuemenl, and when the amount of
the obligation can b& measured or reliably estimated..
Liabilitie8 arising from future funding commitrnen18 and constructive obligations, including performance related grants, where
the timing or the amount of the futu￿ expenditu￿ ￿qUirEd to setue the obligation a￿ ￿n￿rtaIn. give rise to a provision in the
accounts, which is reviewed al the accounting year end. The provision is increased lo reflect any increases in liabilities, and is
de¢reased by the utilisation of any provision wlhin the period, and reversed If any provision Is no longer requirtd. These
movements are charged or credited to the re8￿CtIve fund8 and activities to which the provision relates.
Pollcles re18tlng to assets, Ilabllltles andprovlslons 8ndothermatters.
Fixad Asset Investments
Fixed asset investments in quoted shares, traded bonds, investment prop&rties and similar investments are shown initially at
cost upon a¢quisition and at their market value al the babn¢e sheet dale at the end of the financial penod. Invesbnenl
propertl8S are not depreciated.
Fixed asset investsnents in unlisted equities are shown al the balance sheet dale at the best estimate of their market value,
where pra¢ti¢able. whe￿ valuation tethniques are Conside￿￿ Unreliab￿ or where. in the opinion of the trustees, the Costs
oubNeigh the b8nefits to the users of the accounts, the investment is induded al c081, and a review is undertaken at each year
end as to whether the asset should btt written down.
Inve8tments In subsidiaries are shown as their balance sheèt value.
All gains on fixed asset investments. whether realised or unrealised. a￿ induded in the Statement of Financial A¢triities.
ranglble flxed•ssrfs
Tangible fixed assets are measured al their original cost value, or subsequent revaluation, or rf donatsd, as d8scrib8d above.
Cost value includes all Costs expended In bringing the asset Into its Intended working condition.
A regukr annual review of the likelihood of asset Irnpai￿ent is undertaken.
No depreuation is provided on freehold prO￿ty and improvements because it is the practice lo maintain the prO￿ty in a
Continual stste of sound repair. Accordingly, the life is $0 long and the ￿$1￿￿81 value $0 high that the Trustees considerthat
depreu8tion calculated in accordance with 8CC8Pted accounting standards WOU￿ be immaterial.
23

A W Charitable Trust
Notes to th8 Accounts for th• yèar ended 30 Jun8 2025
Revaluation of tsngible fixed assets
Revaluation surpluses and deficits are r8cwniz8d in the profil and 1088 account.
Financial instruments including cash and bank balances
A financial asset or a financial liability is re¢ognized onlywhen the Charity becomes a paty lo the contra¢tual provisions of the
instrument.
Basic financial instrurnents are initially recognized al the amount receivable or payable induding any relatsd transactions
costs.
Current assets and Current liabilities a￿ subsequently MeaSu￿d al the cash or other Cons￿eration expe¢led to be paid or
received and not discounl8d.
Basic financial instrurnents are recognvzed st amortized cost, except for investments in non-convertib￿ preference and non-
puttable ordinary shares whi¢h are measured at fair value. Mth changes re¢ognized In profil or loss. Derivative finanrial
instruments are initially recorded at cost and the￿after at fair value wth changes recognized in profit or loss.
Fund kcounting
Unrestricted fund5 are avsilable for use at the discretion of the trustee5 in furtherance of the general objectives of the chsrity.
The￿ are no designated funds.
There are no restricted fund5.
There are no endowment funds.
2 Liability its taxaiitsn
The Twslees Consider that the charity satisfies the lesls sel out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK
eorporalion tax purpose8. Accordingly. th8 Charity Is potentially exempl from taxation In respect of incom& Dr cspital gains
retsived ￿thIn categories covered by chapter 3 part 11 of the Corporation T3x Act 2010 or Section 256 of the Taxation of
Charyeable Gains Act 1992. ID the extent th81 such income or gains are applied exclusiv8ty on the specific charitable objects
of the tharity and for no other purpose.
3 Wlndlng up or dlssolutlon of the charlty
If upon winding up or dissolution of the ¢harity there remain any assets. after the satisfa¢tion of all debts and liabilities, the
assets represented by the accumulated fund shall be transferred to some other charitsble body or bodies having similar
objects to the ¢harily.
4 Signifi¢an¢e of finan¢ial instruments to the ¢haAWs posilion
Ther8 is no significance of financial instruments to the charity's position.
24

A W Charitable Trust
Notes to th8 Accounts for th• yèar ended 30 Jun8 2025
s Net surplu5 b8fore tax in th8 financial year
2025
2024
Th8 nel surplus before lax in the financial year is staled after charging'.-
Audrtors, ￿mUneration
17,000
20.702
8 Flnanc181 costs
2025
2024
Loan intere51
Bad debts
1,151,997
29,928
1,558.978
19.6481
1,181,925
1,549.330
7 Taxation
2025
2024
UK corporation tax
15,0(
8 Investment galns
Unre8llsedg8ltTrs/(losses) and wrttlng down of c8trryAng values
Inve8tment propèrties- Unrealised
131.572,5191
31,S72.519
Total unreallsed galnslllossesl etc
131,572,519)
131,572.5191
Total realised and unrealised gains
131,572,519)
131,572.5191
9 Deflned contrlbutlon penslon schemes
There are no contribution ￿nSIOn schemes
10 Defined bpnefit pension $¢heme
There is no ￿nefit pension scheme.
25

A W Charitable Trust
Notes to th8 Accounts for th• yèar ended 30 Jun8 2025
11 Remuneratit>n and payments to TnJ$tee$ and persons ¢onne¢ted wilh them
No trustees or persons Connected with them ￿￿1Ve￿ any remuneffjlion from the d)arily. or any related entity
12 Deferrgd incorne- Unrestricted and D8signat8d funds
Current Year
Opening
Deferrals
Released
frorn prior
years
Received
le55 released
In year
Deferred
at year end
Rents
3.829,569
3.829,569
3,837,752
3,837.752
Total
3,82g,569
3,829,569
3,837,752
3,837,752
2025
2024
Th8s8 deferrals are included in creditor5
3,837,752
3,829.569
Prior Year
Opening
Deferrals
Released
from prior
years
Received
le55 released
in year
Defer￿d
at year end
Rents
3.829,569
3.829,569
3.829,569
3,829.589
Totsl
3.829,569
3.829,569
3,829,569
3,829.569
2024
2023
Thes8 delerrals are included in creditor5
3,829,569
3,572.348

A W Charitable Trust
Notes to th8 Accounts for th• yèar ended 30 Jun8 2025
13 Tangible fixed assets
Cur￿lt Year
Land and
Bulldlng$
Plant &
Ma¢hlnery
Motorvehlcles
Total
At Valuatlon
At 1 July 2024
4,974
4.974
At 30 June 2025
4.974
4,974
Depreclatlon
At 1 July 2024
4,974
4.974
At JO June 2025
4.974
4,974
Net book valu8
At 30 June 2025
Prior Year
Land and
Bulldlngs
Plant &
Machlnery
Motor V8hicle3
Total
At Valuation
01 July 2023
4,974
4.974
30 June 2024
4.974
4,974
01 July 2023
30 June 2024
Net book value
4,974
4.974
4.974
4,974
At 30 June 2021
All assets are used for di￿¢1 charrtab￿ purposes.
27

A W Charitable Trust
Notes to th8 Accounts for th• yèar ended 30 Jun8 2025
14 Investments held as fixed assets
Investments
Llsted
Investments
Investments In
Propprty
Total
$ub5idiaries
Carrying values of investments
At 1 July 2024
Revaluation at 30 June 2025
100
309.610.252
131,572.5191
309,610.352
131,572.5191
At 30 June 2025
100
278.037.733
278,037,833
Anatysis betsveen fair value and historical c05t
Investments as above held at fair value
100
278,037,733
278,037.833
Analysis of Investments in Property
Included at
hlstorlcal
C05t, less
write down
Included at falr
value
Total
Summary of Investmenis at 30 June 2025
Property Investments
278,037,733
278,037,733
Inv88tment prop8rti88 were valued by either professional valuers or by the trusl8es and the basis of th& valuation is market
value to arrive at a tsir value. Valuation methods include Comparing wrth similar properties or based on the rent yield on the
property.ln VI￿ of the current propety market climate and high interest ral88. the trustees decided lo err on the S￿? of
caution by subslanlially reducing the valuati¢ns on ￿rtain properties lo refie¢t the market Conditions.
The￿ are no ￿$th¢bon$ on the ￿alisabl1￿ of the investrnent propèrty, income from the investrnent property or any prO￿ed$
on disposal.
15 Investment poolin9 $¢heme$ and arrangements
There are no investment pooling sthemes and arrangements.
16 Debtors
2025
2024
Trade debtors
Prepayments and accrued incorne
Other deblo
64,509
228,838
290.232
143.654
346.700
2,194.641
583,579
2,684,995
28

A W Charitable Trust
Notes to th8 Accounts for th• yèar ended 30 Jun8 2025
17 Cr8ditors= amount5 falling due within one year
202S
2024
Bank loans and overdrafts
Trade creditors
A¢¢ruals
Deferred Income- Unrestricted & designated funds
Corporation lax
Other creditor5
276.216
309.463
68,825
3,837,752
14,722
1,679,417
58.689
237.448
337.474
3,829.569
2,136.141
6,186.395
6.599,321
18 Creditors= amounts falling due after one year
2025
2024
Bank loan5 and overdraft5
Other creditors
16,582,679
1,000,000
16,652.642
4,568.812
17,582.679
21.221,454
The bank loan5 are secured on the group'5 properties.
19 Loans to tru5t8es included in debtor5
There are no bans to tru51ees
20 Guarant885 mad8 by the charity on behalf of trustse5
There ale no guarantee5 made on behaw of the trustee5
21 Trust capital
2025
Number
2025
2024
Trust Capital
10
10
10
10
10
29

A W Charitable Trust
Notes to th8 Accounts for th• yèar ended 30 Jun8 2025
22 Revaluation reserve
Current year Current year
Current year
Total Funds
Prlor Year
Total Funds
Currentyear
Unrestrlcted
Funds
2025
Restrlcted
Funds
2025
202S
2024
At 1 July 2024
Movements in year
52.870,626
131.572,5191
52,870.626
131,572,519
52.870,626
At 30 June 2025
21,298,107
21,298.107
52.870,626
All the revaluations in the prior yesr was unrestricted.
Prlor Year
Prlor Year
Unrestrlcted Restricted
Funds
Funds
2024
2024
Prlor Year
Total Funds
prtoryear
2024
At start of previous year
52,870,626
52,870.626
At end of prgvious year
52,670,626
52,870,626
23 Related party transactlons
During the year Combined Property Control controlled by A Weis actsd as managing agents to tha group. No management
fees were Charged for their Servi￿5.
During the year the group received loans from Combined Property Control.
Al the year end Combined Propety Control was owed £479,207 by the group.
I the trustees of the group are trustees of The Helping Foundation, a r8gist8r8d charity, At the y8ar beginning the foundation
owed the group £1,933.971. This was repa￿ in the year.
Sirweis is a Iruslee of Newmarslon Ltd. a UK regISte￿d Charity. At the year beginning the charity owed Newmarston Limited
£4,568,812 interest free and repayable on demand. This was repaid in the year.
Barnsfold Limitsd and Torlsnd Limitsd, wholly owned subsidiaries ofAW Charitable Trustwere owed £2,21X),453 & £868,690
spe¢tively by the charity. Inte￿$t free and unSe¢u￿d.
30

A W Charitable Trust
Notes to th8 Accounts for th• yèar ended 30 Jun8 2025
24 Particular5 of how particular funds are represented by as5et5 and liabilitie5
At 30 June 2025
Unrestrlcted Deslgnated
fund5
fund5
Restrfcted
funds
Totsl
Funds
Investments at va1uation'.-
Fixed asset investmoff>ts
CurrentAss8ts
Current Liabilities
Long Term Liabilities
278,037,833
18.229,159
16,186,3951
117.582,6791
278,037,833
16,229,159
16.186,3951
117.582,6791
270.497,918
270.497,918
At 1 July 2024
Unr8Stricted D85ignat8d
lund$
fund5
R85trict8d
funds
Totsl
Funds
Inv88tments at valuation'.-
Fixed asset investsnenls
CurrentAssets
309,610,352
14.548,954
18.599,3211
121.221,4541
309,610,352
14,548,954
16,599,321)
121,221,454)
Long Term Liatiililies
296,338,531
296,338,531
25 Change in total funds over the year as $h¢)wn in Note 24, analysed by individual funds
Funds
brought
forward from
Movement in
Trdnsfvrs
lunds in 2025 betsveen funds
In 2025
Fund5 carrie
fowward to 2026
2024
See Note 26
Unre5trictedand designat8d funds...
Unrestricted Rev8nue Funds
Unrestricted Revaluation Reserve
243.467,905
5.731,906
52,870,626 131,572,519)
249.199,811
21.298,107
Totsl unr85tricted and designated funds
296,338,S31
125,840,613)
270,497,918
Total charity funds
296,338,531
125,840.6131
270,497,918
26 Analysis of movements in funds over the year a5 shown in Nots 25
Other
Galns &
Losses
2025
Income
Expendlture
Movement
in funds
2025
2025
2025
Unre5trictedand de$ign4ted fund5.'.
Unrestricted Revenue Fund8
Unrestricted Revaluation Reserve
17.613,123 111.881,2171
131,572,519)
5.731,906
131.572,5191
17,613,123
143,453.736
125.840,6131
31

A W Charitable Trust
Notes to th8 Accounts for th• yèar ended 30 Jun8 2025
27 The purp05e5 for which th8 funds
UtrTrrestri¢tedand de$lg*Tr•ted
funds.".
These funds are held for the Tneeling the objective5 of the charity, and to provide
re8ÈNe8 for future activities, and. subject lo charity legisL9tion. are free from all
restrictions on their use.
Unrestricted Revenue Funds
Restricted funds...
Restricted Fixed Asset Funds
There are no restricted fund5
28 Ultimate controlling party
The charity is under the control of it5 trustees.
32

A W Charitable Trust
Detailed analysis of income and expenditure for the year ended 30 June 2025 as required by the
SORP 2015
This analysis is classsified by conventional nominal descriptions and not by activity.
29 Donations, Grants and Legacies
Current year Current year Current year Prior Year
Unr&strict8d Restrictèd
Total
Totsl
Funds
Funds
Funds
Funds
2025
2025
2025
2024
Revenue grants and donations from
non public bodies
Sundry Donations
10,000,000
Totsl privats sector revenue grants
10.000.000
Revenue grants and donations from non public bodies Ilnclud• Gift Aid donations from subsidiaries)
Prior Year analysis
Prlor Ygar
Prlor Year
Unr&strict8d Rastrictod
Funds
Funds
2024
2024
Prlor Year
Total
Funds
2024
Totsl Donations. Grants and Legacies
Total Donations, Grants and
Logacies
10.000.000
30 Invgstmont in¢omg
Current year Current year Current year Prior Year
Unrèstrictsd Rastricted
Total
Total
Funds
Funds
Funds
Funds
2025
2024
2025
2025
Property Rental Income
Bank Interest Receivable
17,042,725
557,107
17,042,725 17,012,696
557,107
559,500
Total In¥￿tmant incomo
17,599,832
17,S99,832 17,572.196
33

A W Charitable Trust
Detailed analysis of income and expenditure for the year ended 30 June 2025 as required by the
SORP 2015
31 Other income and gains
Currènt yèar Currènt yèar Currgnt year Prior Yèar
Unrestricted Restricted
Total
Total Funds
Funds
Funds
Funds
2025
Current year
2025
2025
2024
Sundry other income
13,291
13,291
14261
Total othèr incomè
13.291
13,291
1426
32 Exp&ndltur• on charltsbl& actlvltles- Grant fundlng of a¢tlvltl•s
Current year Current year Currant yoar Prior Year
Unrestrictsd Restricted
Total
Total Funds
Funds
Funds
Funds
202$
2025
2025
Cu￿ent Year
2024
Grants made to organisations
10,406,281
10,406,281
S,SS2,231
Totsl grantmaking costs
10,406.281
10.406,281
5.552,231
Breakdown of Grants made to organisations
Current year Current year Current year
Unrèstrictsd Rastricted
Total
Funds
Funds
Funds
2025
Current Year
2025
2025
Grants made in the UK
10,406,281
10,406,281
10,406,281
10,406,281
A schedule of grants made can be obtained by applying in writing to the trustees at the charity's offices.
34

A W Charitable Trust
Detailed analysis of income and expenditure for the year ended 30 June 2025 as required by the
SORP 2015
33 Support ¢o$ts for ¢harltsbl& a¢tlvllles
Curr&nt year Curr&nt year Currgnt year Prlor Year
Unrestricted Restricted
Total
Total Funds
Funds
Funds
Funds
2025
2025
2025
Current Year
2024
Premises Expenses
Ground rents, Rates and Mainlenace
Property insurance
122,080
1,404
122,080
1,404
142.545
633
Administrative overheads
Telephone, fax and inlernel
Stalitsnery and printing
Sundry expenses
2,526
4,950
1121
2,526
4,950
{121
2,252
821
331
Prt)fessional fees paid to advisors other than the auditor or examiner
other legal and professional
111,494
111,494
141.078
Financial costs
Bank charges and fees
Loan interest
Bad debts
18,563
1,151,997
29,928
18,563
1.151,997
29,928
82,952
1.558,978
19,648
Support costs before reallocation
1,442.930
1.442,930
1.919,942
Totsl support costs- Currentyear
1,442.930
1.442,930
1.919.942
The basis of allocation of costs between activities is described under accounting policies
All the expenditure in the prior year was unrestricted.
Administrative overheads
The basis of allocation of costs between activities is described under accounting policies
35

A W Charitable Trust
Detailed analysis of income and expenditure for the year ended 30 June 2025 as required by the
SORP 2015
34 Oth¥r Exp&ndltur•- Gov&man¢• costs
Current year Current year Current year Prior Year
Unrestricted Restricted
Total
Total Funds
Funds
Funds
Funds
2025
2025
2025
Current Year
2024
Auditor's fees
17,000
17,000
20,702
Total Govemance costs
17.000
17,000
20,702
All the expenditure in the prior year was unrestricted.
35 Total Charitsble expenditure
Current year Current year Current year Prior Year
Unrèstrictsd Restricted
Total
Totsl Funds
Funds
Funds
Funds
2025
2025
2025
Current Year
2024
Totsl grantmaking costs
Total 5UPPOrt costs
Totsl Governan¢e ￿$1$
10,406,281
1,442,930
17,000
10.406,281
1.442,930
17,000
5.552,231
1.919.942
20,702
Totsl charitablo •xp8nditur&
11,866,211
11,866,211
7,492.875
All the expenditure in the prior year was unrestricted.
Prior Year
Prior Year
Unr&strict8d Restricted
Funds
Funds
2024
2024
Prior Year
Total
Funds
2024
Prior Year
Totsl grantmaking costs
Total 5UPPOrt costs
Totsl Governance costs
5,552,231
1,919,942
20,702
5,SS2,231
1,919,942
20,702
Total charitablo 9x￿ndItur&
7,492,87S
7,492,875
36

A W Charitable Trust
Detailed analysis of income and expenditure for the year ended 30 June 2025 as required by the
SORP 2015
36 Taxation
Cuvrentyear
Unrestricted
Fund5
Currerityear
Restricted
Funds
Current year
Total Funds
Prioryear
Total Funds
2025
2025
2025
2024
Corporation tax
15,006
15,006
Total taxation costs
15,006
15,006
37 Totsl of other expendltur&
vv8nt year
unrèstri¢tOd
Fund$
Currot)tyoai
Restrittèd
Funds
urront year
Total Fund8
P￿ory04r
Cu￿ent Year
Totsl Funds
202S
2025
202S
2024
Total laxalion costs
15,006
15,006
Totsl oth&r expendituro
15,006
15,006
37

A W Charitable Trust
Activity analysis of Incomg and gxpgnditurg for the for tho ygar ondgd 30 Jung 2025
This analysis is cl8sssrfiedbya¢tivity andnotby conventional nominal descriptions.
38 Analysis of income by activity
2025
2024
Actovlty
Summary of Total Income, including the items above
Donations & Legacies
Investment income
other Income
10,000,000
17,572,195
14261
17.599.832
13.291
Total Income as shown In the SOFA
17,613,123
27,571,769
Cat•gorl•s of Incom•
Income Irorn Primary Purpose
17.813.123
27,571,769
39 Analysis of eharitabla •xpanditur• by activity
Actlvlty
Dlrect
osts
Support costs
Grant
funding of
activitles
2025
Total
Totsl
2025
2025
2025
2024
Primarypurpose
Pretnises expenses
Administrab"ve oveiheads
Profe55ional fees
Finanaal costs
Grantrnaking costs
123.484
7.464
111.494
1,200.488
123,484
143,179
3,404
141,078
1,632,281
5,552,231
111,494
1,200,488
10,406,281
10,406,281
Total Primary purpose
1,442,930 10,406.281
11,849,211
7,472,173
Summary of charitsble costs by activity
Dlrect
oBts
Support costs
Grant
funding of
activities
202S
Total
Total
2025
2025
2025
2024
Total Primary purpose
Total Govemance costs
1,442,930 10,406,281
17.000
11,849,211
17.000
7,472,173
20,702
Total charltable expendlture
1.459,930 10.406.281
11,866,211
7,492.875
The basis ol allocation ol costs between activities Is described under accounting policies
The breakdown of this expenditure by type ol spending lie nominal dassificationl is detailed in note 35

A W Charitable Trust
Activity analysis of Incomg and gxpgnditurg for the for tho ygar ondgd 30 Jung 2025
Analysis of support and governance costs by charitable activiti8S
Govemane•
Finane•
Human
Resources
oth•r
Overheads
Total
Activity
Primary purpose
17.000
1.200.488
242,442
1,459,930
Summary of grant maklng by actlvlty
Grants to
institution¥
Grants to
individual¥
2025
Support
costs
2025
Total
Total
2025
2025
2024
Primary purpose
10,406.281
10,406,281
5,552,231
10,406,281
10,406,2B1
5,552,231
Fuller details of grants made and related costs, Induding support costs, are shown in note 32.
Govemance Costs
Govèrnaneè
costs
202S
Govèrnancè
costs
2024
Other Expenditure- Governance costs as detailed in Note 34
17.000
20,702
40 Anatysis of Income and EXpend￿lUre per Entity
Charity
Barn$fold Ltd Torland Ltd
Group
Total Income
17,633,863
62.260
17,696,123
Total Expenditure
111,874,2411
190,0221
46
111,964,217)
Surplus lor year
5,759,622
127,7621
46
5,731,906
39