THE WESTMINSTER CITY SCHOOL GENEIL4L CHARrrABLE TRUST REPORT AND FINANCIAL STATEMKNTS FOR THE YEAR ENDED 30 JUNK 2025 Reglltered Charlty number." 284509
THI WESTMINSTER CITY SCHOOL GENERAL CHARITABLE TRUST REPORT AND FtNATrICIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 coiYrETrITS Page Reference and administrdtive details Tte¢s, R¢port Ind¢p¢nd¢nt Auditor's r¢port Statement of Financial Activities Balance Sheet Notes to the financial statements 8-13
THE WESTMINSTER CITY SCHOOL GENERAL CHARITABLE TRUST REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 JUNE 202S Trustees T J Douglas-Home BA K Herzog Parsons W A Wells Principal &ddrv$ 57 Palace Street London SWIE 5HT Charity regi8tr4tion number 284569 Independent Auditor Haysmw LLP 10 Qu¢¢n Stred Pl¢ London EC4R IAG InveJtm¢nt manager CCLA Inv¢stm¢nt managem Limited One Angel Lan¢ London EC4R 3AB Principal banker CAF Bank 25 Kings Hill Avenue West Malling Kent ME194TA
THE WESTMINSTER CITY SCHOOL GENERAL CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2025 The trustees present their statutory r¢port with th¢ accounts of The Westi]]inster City School General Charitable Trust for th¢ year ended 30 June 2025. The accounts comply with the charity's trust deed, the Charitie5 Act 2011 and Accounting and Reporting by Charities-. Statement of Recommended Practice applicable to charities preparing their aceounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)- second edition. ConBtitution The Westininst¢r City S¢hool G¢n¢ral CbaTitsbl¢ Trust I'the TTr1,) is ¢onstitut¢d by a deed of tNst dated 22 Febwary 1982 and is registered as a charity (Registration Number 284569). CharltAble objective The TNst's objective is the furtheranee of any charitable pUOSe connected with Westminster City School. Organisation The Trust is the responsibility of the Board of ttustees. The tNstees listed on page l of the accoullts have setved during the cours¢ of the y¢ar and since the year et]d. There are no ernployees of the Tru8L Publie beMetSt In setting the objectives and plant]ing ihe activities of the charity, the trustees have given considerdtion to the Charity Conunission's general guidance on public benefit. Risk management Tbc key risks facing the charity are assessed and discussed at periodic tne¢s, meetings. Revleiv of fin#nei#l activities of tbe Trust During the year the income comprised investtnent income of £2,033 (2024.. £1,969) and grdllts and donation5 totalling £71,544 (2024.. £68,000). Donations of £73,610 were awarded to the school in the year (2024.. £86272). Planned Ojbjre expenditur¢ 1$ conw¢nt with the TTUSt's oharitsbl¢ obj¢ctiv¢s. At 30 June 2025 the charity had total funds of £72,704 {2024.. £74,874), comprising of unrestrscted ndS of £2.514 (2024.. £2,9J9), designated funds of £49,347 (2024.. £51,704). restricted filllds of £20,838 {2024: £20.226) and endowTnent funds of £5 (2024.. £5). Th¢ TTUSt¢es have considered the level of reSCeS held and are satisfied it is adequate when considering the natrjre and level of th¢ Trust's activities.
THE WESTMINSTER CITY SCHOOL GENERAL CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2025 Statement of trustees, responslblllties The Charity's trnstees are responsible for preparing th¢ annual report and accounts in a¢cordaTrce with applicable law and Unit¢d Kingdom Accountin8 Stsndards IUni¢¢d Kingdom G¢D¢rally A¢¢epted Accounting Pra¢ti¢¢). The law applicable to charities in England and Wal¢s requires th¢ tNstees to pr¢par¢ a¢counts for each flnancial year which give a true and fair view of the state of affairs of the charity and of the iome and exp¢nditure of the charity for that period. In pr¢paring these a¢¢ounls, the trnstees are requiT¢d to.. + Select suitable accounting policies and then apply them consis¢ently* • Observe the meth¢)ts and prlnciples in Accounting and Rep)rting by Charities: Statement of ReComm¢d Practice applicable to charities preparing their accounts in acconlance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102). • Make judgements and estimates that are reasonable and prudent. • State whether applicable United Kingdom Ac¢ounting Stalld8rds have been followed, subject to any material dePAeS disclosed and explained in the xcounts. and • Prepare the aceoul on the going concern basis ulliess it is inappropriate to presume that the charity will continue in operdtion. The tsustees have responsibility for nmintaining proper accounting records that are suffi¢i¢n¢ ¢0 Show and explain the charity's transactiotjs and disclose with reasonable a¢¢ura¢y at any time the financial position of the charity and enable them to ensur¢ that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulatio[ 2008 and the provisions of the charity's deed of tNsi. They a150 have responsibilities for 5af¢guarding the ass¢ts of the ¢haTity and for taking reasonable steps to preven¢ and deter fraud and other irregularities. Signed on Ixhalf of the BoaTd of TTUSt¢¢s T J Douglas-Home TtU5tee
THE WESTMINSTER CITY SCHOOL GENERAL CHARITABLE TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025 Opinion We have audited th¢ financial ststements of The Westminster City School General Charttable Trust for the year cnded 30 June 2025 which ¢ompris¢ the Statement of Financial Activitie4 Balance Sheet and notes to the fiivdncial statements, including a summary of signifJ¢ant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, includittg Finan¢ial Reporting Standard 102 The FinancialReporting Standord ttpplEcable in the UK and Republic oflreland (United kn'ngdom G¢n¢rally Afxepted Accounting Practice). In our opinion, th¢ financial statements: give a true and fair view of the state of the charity's affairs a8 at 30 June 2025 a[ of th¢ chaTity's net mov¢m¢nt in funds for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Pra¢ti¢e' and hav¢ b¢en preydred in a¢¢ordan¢e with the requitements of the Charilies Act 2011. Basis for opinion We have been appointed as auditorunder section 144 of the Charities Act 201 l a1 report in accordan¢e with the Act andrel¢vant regulations made or havin8 etTect thereunder. We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS {UK)) and appli¢able law. Our respoll5ibilities under those standards are further described En the Auditor's responsibilities for the audit of the financial statements 5e¢tion of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the fUncIal statements in the UK including the FRC'S Ethieal Standard, and we have fvlfilled our other ethical responsibilities in accordance with these requirement5. We believe tbat the &udit ¢viden¢e w¢ have ol)tained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the finallcial statements, we have concluded that the trustees. use of the going concern basis of a¢¢ounting in th¢ preparation of the financial staternents is appropriate. Based on the work we have perfornied, we have not identified any material uncertainties relating to events or eonditions tha( individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at l¢ast twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trust¢¢s with r¢sF¢¢t to going ¢onc¢rn ar¢ des1b¢d in the relevant 5¢ctions of this report. Other informatlon The ttustees are reswnsible for the other inf0mti0ll. The other inforniation comprises the infornrdtion included in the Trustees, Report. Our ¢)pinion on the financial statements does not coverthe otherinfornmtion and, exceptto the extent otherwise explicitly ststed in our report, we do not express any forni of assurance eonclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other InforntiOn an¢1 in doing so, eonsider whether the other information 1$ materially inconsistent with the financial staternents or our knowledge obtained in the audit or otherwise appear8 to be materially misstated. If we id¢ntify such Material in¢onsistencies or apparent material misstatements. we are required to dderniine whether th¢r¢ is a material misstatement in the flnancial ststements or a material mi8slatementofthe other inforniation. If, based on the work we hav¢ perfornieLI we conclude that there is amaterial misstatement of thi5 other infoTm&tion, we are required to report that fact. We have nothing tt> report in this regard. Matters on which we are reqnired to report by exeeption We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion.. adequate accounting records have not been kept by the charity. or sufficient accounting records have not been kept. or the charity fanCIal st&tement5 are not in agreement with th¢ accounting records and r¢tUrn8' or we have not received all the inforniati¢)n 8nd ¢xplanation8 we r¢quir¢ for our audit. Responsibillties of trustees for the tlnanelal statements As ¢xplain¢d more fully in the tNst¢¢s' responsibilities statement, the trnstees are responsible forthe preparation of the fmancial statements and for b¢ing satisfied that they give a ttue and fair view, and for such intemal control as the trustees determine 15 nessary to enabl¢ the preparation of fJnan¢ial statements that are free from material misstatemenL whether due to fraud or eOr.
THE WESTMINSTER CITY SCHOOL GENEIi4L CHARITABLE TRUST INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 202$ In preparing the financial statement4 the trustees are responsible forass¢ssing th¢ charity's abilityto continue as a going conc¢rn. disclosing, os applicable, matters r¢lated to going concern and using the going concern basis of accounting unless th¢ tru$t¢es either int¢nd to liquidat¢ the ¢lwity or to cease operations, or hav¢ no rulistic alt¢mative but to do so. Auditor'$ responsibilRties for the audit of the financial statement$ Our objectives are to obtain reasonable assurdnce about whether the financial statements as i whole are free from Material misstatement, whether due to frdud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of a86urance, but is not a guarantee that an iudit conducted in accordance with ISAS {UK) will always (ktect tnaterial misstatem¢nt when it exists. Misstatements can arise frotn fraud or ¢rror and are considered material if, it1vidUallY or Én the aggregat¢, they could reasonably be expecied to innuence the economic decisions of users taken on the basis of these financial statements. Irregularities, including frdud, are instances of non-complianee with laws al regulatLons. We design procedLwes in line with our responsibilities, outlined above, to detect material missiatementg in respect of irregularities, including fraud. The exient to which our procedures aTe capable of detecting irregularities, including fraud is detailed below.. Based on our undeT8tanding of the eharity and the envimnment in which it operates. we identified that the principal risks of non- complianee with laws and regulations related io Chariry law and we considered the extent to which non-complianee might have a material effect on the financial statements. We also consideEed those laws and regulations that have a direct impact on the preparation of the fInaneial statements such as the Charities Aei 201 I. We evaluated matrdgement's incentives and OpponitieS for fraudulent mat]ipulation of the financial statements (including the risk of override of controls), and deterniined that the principal risks were related to posting inappropriate journal entries to income and management bias in accounting estimates. Audit procedures perfomied by the engagement team included.. Inspecting correspondence with regulators. Dtscussions with management including consideration of known or Suspected instances of non-compliance with laws and regulation and fraud. Evaluating management's controls designed to prevent and detect itregularities. Identifying and testing journal entries. and Challenging assumptions and judgements made by m8trdgenKnt in their accounting estimates. Beeause of the inherent limitations of an audit, there is a risk that we will not detect all irregularitie& in¢luding those leading to a material misstatement in the financial ststements or non.compliance with regulatton. This risk increases the more that compliance with a law or regulatioll is removed from the events and transacttolls reflected in the fJnan¢ial statements, as we will be less likely to become aware of instances of noll-compliance. The risk is also greater regarding illegularities occurring due to fraud rather th1 error. as fraud involves intettti0tI conceahnent, forgery, collusion. omission or misrepresentstion. A fier description of our responsibilities for the Audit of the financial statements is located on the Financial Reporting Councxl's website at.. lau . This description fornis part of our auditor's report. Use of our report This report is made solely to the charity's ttustees, as a Ix)dy, in accordance with section 144 of the Charities Act 2011 and regulations made underse¢tion 154 of that Act. Ouraudit work has been undertaken so that we might state to the ¢haritys tryst¢¢s those matters we are required to state to them in an Auditoes report and for no other purpose. To the fullest extent peTmitted by law, we do not accept or assum¢ responsibility to anyon¢ oth¢r tlwi the charity's trustees as a body for our audit work, for this report, or for th¢ opinions we have fornwd. Trlqc LLf Haysmac LLP statOry Auditor5 10 Qu¢¢n Street Pla Lond¢)n EC4R IAG Dat¢.. 2810412026 HaysMa¢ LLP is eligible to act as an auditor in ternis of section 1212 of th¢ Companies Act 2006.
THE WESTMIIYSTER CITY SCHOOL GENERAL CHARITABLE TRUST STATEMEINT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025 Unrestrlcted Designated Restr£cted Endowment Funds Funds Funds Funds Total Total 2025 2024 Note Ineome frorn: Dortations 3.425 310 68.119 302 71,544 2.033 68.000 1.969 Inveslmenl income 1.421 Total income 3,735 1,421 68,421 73J77 69,969 ExpendSture on: Chariioble actiwt¥ 4,070 90 1.421 68,119 73,610 90 86,272 Bank charges 74 Total expenditure 4,160 1,421 6&119 73,700 80J46 Net (¢xp¢nditurey income for the year b¢for¢ (loss¢sy gains on investments (425) 302 (123) (16,377) (Lo&sesy gains on investhKnts (2,357) 310 (2.047) 4.427 Net (expenditurey income #nd net movement In funds {425) (2J57) 612 (2,171J) (11,950) Balances brought forward at l July 2939 51,704 20.226 74,874 86,824 Balances carrfied forward 1¢ 30 June 214 49?47 20038 72,7114 74,874 Th¢ state¢t of f5nan¢ial activities includes all gains and losses recognised in the year. The notes on pages 8 to 13 forni part of th¢ financial sta¢¢m¢nts.
THE WESTMINSTER CITY SCHOOL GENERAL CHARITABLE TRUST BALANCE SHEET AS AT 30 JUNE 21125 2025 21124 Nots FIXED ASSETS Investments 59,193 61,240 59,193 61,240 CURRENT ASSETS Debtors 449 Cash a¢ bank And in I]d 13,062 83,024 13,511 83,024 CREDITORS: amounts f3lling due within one y¢ar (69,390) NET CURRENT ASSETS 13.511 13.634 NET ASSETS 72,704 74,874 REPRESENTED BY FUNDS AND RESERVES PeTman¢nt endowment fund Restrlc¢ed funds Cornish Bequest fund 20,838 20,226 Unrestrlcted fund8 I*Dnox Hannay designated fimd General fijnd 49.347 2.514 51.704 2,939 n,704 74,874 The financial statements were approved and authorised for issue by th¢ Trust¢¢s on on their behalf by.. 27th April 2026 and were signed Trustee T J Douglas-Ho IL II. The notes on pages 8 to 13 forn] part of these accounts.
THE WESTMINSTER CITY SCHOOL GEP4ERAL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 3(J JUNE 2025 ACCOUNTING POLICILS The Westminster City School G¢n¢ral Charitable Tmst is constited by a deed of Ttust ajyj re8lStered as a Charity. Its principal office is shown on page l. The corttrolling party is ¢¢)nsider¢d to be the Tnees. The principal roUnting policies adopted, judgements and key sources of estimation uneertainty in the preparation of the fan¢]l statements ar¢ as follows: Basis of pr¢pAration The fUncI&l stat¢tn¢nts have been prepared in ac¢ordan¢e with Accounting and Reporting by Chariti¢5.' Stateinent of Recomlnended Prdctice applicabl¢ to charities preparitjg their accounts in accordanct with the Financial Reporting Staudard applicable in the UK &nd Republic of Irelatth IFRS 102)- (Charities SORP (FRS 102)}- Second Editio[4 the Financi21 Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Th¢ Tru*e¢s hav¢ taken advontage of the exeniption available to small eharities and have not prcp#red a cash flow statement. The ¢haTity meets the deflljition of * public benefit entity und¢r FRS 102. Assets and liabilili¢s ate initially recognised at historical c¢)st ortransa¢tion value unless othenvise stated in the televaTLt accounting policy note(s). Critlcal aceountlng estlm#teJ #nd #reA5 of judgem¢nl Preparation of th¢ a¢¢ounts may require the trusteesto make significt jUdgets and estirnat¢8. No such judgements or ¢slimat¢s w¢r¢ r¢quir&l in th¢ period. AJse$sment of goiDg Coern The twstees have assessed whether the use of the going concern assumpti¢)n 18 appropriak in preparing these accoun The tnjstees hav¢ made this assessment in respect of a period of one year from the date of approval of these accounts. The tntstees of the charity have concluded that there are no material uncertainties related to events or eonditions that may cast sigmf2cant doubt on the ability of the charity to continu¢ as a going ¢onc¢rn. The Ine¢S are of the opinion that the chlty will hav¢ sufficient resources to meet its liabilities as they fall due. Donatloni Donations are accounted for gross when teceived. Investment Income Investment income is included itt the aeeounts. in the year in w]u'th it 15 re1Vable. FuDd r8lsing and pbliCity costs The Trust does not k¢ fomial app¢ais to rdiS¢ nds. Gr4nts pay4ble The Trustmak¢5 grants to oth¢rorgani¥dtions whose charitable objects con)plement its WOTL Theyyr IOnted foronan accruals basi5. Govern4n¢¢ Costs Governance costs r¢pr¢s¢n¢ dire¢t exp¢ndibJre on the governance of the ttusL LegleS are included in the stat¢m¢n¢of financial activities whenthe ¢lMrity is elltitledto the legacy, the executor5 hav¢ established thatthere are Sufficient wrylus assets in the estate to pay the legacy and any conditions attached to the legacy are within the control of the charity. Where leg2¢8 have been notified to the charity, or the charity is aW2Te of the granting of probat¢. t the critetia for income reColtiOn have not been m¢L then the lega¢y is treated as a contingent asbet and (h"selosed if terial.
THE WESTMINSTER CITY SCHOOL GENERAL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 202S Expenditure Expendityre is iwludedon an a¢¢n1&baSIs, inclusiveof irrecov¢rable VAT. Expenses ar¢ attTibuted to the category of¢xp¢nditur¢ to which they relate. Debtors Debtor5 are tecognised at their Settlement atTh)unt, less any provision for non-recoverability. Prepayments are valued at the amount prepaid. They have been discounted to the present value of the tre cash rec¢ipt where such diseounting is material. Cash At b4Dk 8nd in hand Cash at bank and in hand represents such accounts and ill5truments that ar¢ available on dettjand or have a maturity of less than three Tnonths from the date of acquisitLOTI. Creditor8 And provisions Creditors andprovisions are recol$ed when there is an obiigation atthe balance sheet date as a result of apast event, it l8 probabl¢ that a trdDsfer of economic benefit will be required in settlemenL and the arnount of the settlernent can be estimated reliably. FlnaneSal instruments The Tnjst holds ot]ly financial instrumellts of a type which qualify as basic financial instruments as defined by FRS 102. These include ijkvestnKnts which are held at fair value. Fund Accountlng Endowmenlfund The general endowment fund represents the original £5 capitsl donated by the original tnLeeS when the tnjst was set up. Restricied Cornish Bequesi Fmnd Th¢ b¢qu¢st irA¢om¢ of th¢ fill 18 to b¢ usedby the Headt¢a¢her at th¢ir absolut¢ discreti¢XL O*h¢rrestrlciedfunds Donations of £65k and £3k were received in the year to lld laptops and an outwards bound trip at Westininster City Schth)I, respectively. These were grat)ted to Westminster City Sch¢J)l in the year. Restricted grant income (£65k) and expenditsre of the equivalent amount in the prioryear have been reclassified from unrestricted lld8 to restricted fimds in the comparative& HunnayFHhd Desi8nated funds contain llK)llies not restticted but notiollally committed by Trustees: this fijnd is intended to be itivc5ted in peEpetuity, with the incon yield paid annually to the School. Geneméfund The general fvnd Ix utilised withth the objects ofthe TrnsL L DONATIONS Unrestricted ReJtri¢ted Totgl Current yvAr: Gifts and donati¢)ns 3,425 68,119 71,544 Prior year (restated): Gifts and donations 3.000 65,000 68,000
THE WESTMINSTER CITY SCHOOL GENERAL CHARtTAJLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2025 3. CHARITABLE ACTIVITIES Unrestrleted DesfgnAted Restrlctsd Total Current yeAr: Donations to Westmtnsler City School Other ¢xp¢nditUT¢ on Charitabl¢ a¢tiviti¢s 4,070 90 1,421 68,119 73,610 90 4,160 1,421 68.119 73,700 Prior year (rEStated): Donations to W¢stminst¢r City School Other expenditure on chatitsble activities 17,467 74 3,805 65,000 86,272 74 17.541 3,805 65,000 86,346 Oth¢T thall th¢ aL70v¢ d¢)nations to winster City School. no other ITansa¢tions wilh related parties occurre¢L 4. FIXED ASSET INVESTMENTS Market value Cost 2025 2024 2025 2024 CCLA COIF- Inveslm¢nts 59.193 61,240 60,000 60.000 5. DEBTORS 2025 2024 Other debtors 449 6. CREDITORS DUE WITHIN ONE YEAR 2025 2024 Grant ac¢ruals- Westminster City School 69,390 io
THE WESTMINSTER CITY SCHOOL GENERAL CHAIUTABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2025 7. FUND MOVEMENTS Restricted Perrn¥nent Cornish Endowment Bequest Fund Other Regtricted Fundj Lennox HaDnay Fund General Fund Total Balance 8t l July 2023 19,536 50.162 17,121 86.824 Income (restAtsd) Donations 65,000 3.000 359 68,000 1,969 Investtnent income 220 1,390 220 65.000 1.390 3,359 69,969 Expendlture (restAted) Charitable activities 65,000 3.805 17,467 74 86,272 74 Bank charg¢s 65,000 3,805 17,541 86,346 G#ln on Investment8 470 3.957 4,427 Balance at JO JuDe 2024 20,226 51,71M 2939 74,874 Ineome Donations 68,119 3.425 310 71,544 2,033 Investment income 302 1,421 302 68,119 1,421 3,735 7J,577 Expenditure Charitable activities 68,119 1.421 4,070 90 73,610 90 Bank charg 68,119 1,421 4,160 73,700 Gainl(loss) on Investments 310 (2,357) {2.047) B&lance 30 June 21125 2OI38 49,347 2J14 72,704
THE WESTMINSTER CITY SCHOOL GENERAL CHARITABLE TRUST NOTES TO THE FINAf4CIAL STATEMENTS YEAR ENDED 3fl JUNE 2025 8. ANALYSIS OF NET ASSETS BETWEEN FUNDS Current Liabillties Investments Current Assets Net Assets Current yegr: Permanent Endowment Cornish Bequest Fund Lennox Hannay Fund G¢n¢ral Fund 9,846 49,347 10,992 20,838 49,347 2,514 2,514 59,193 13,511 72,704 Current Llabilities Investments Current Assets Net Assets Prior year: Pern]anent Endowment Comish Bequest Fund Lennox Hannay Fund General Fund 9,536 51,704 10,690 1,390 70,939 20,226 51,704 2,939 (I,390) (68,1)00) 61,240 83,024 (69,390) 74,874 12
THE WESTMINSTER CITY SCHOOL GENERAL CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR Ef4DED 30 JUNE 2025 9. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES Unrejtricted Designated Restrieted Endowment Funds Fundj Fundi Funds Total 2024 fncome from: Donations 3,000 359 65.0(X) 220 68,000 1,969 Inlmen( income 1,390 Total income 3.359 1,390 65,220 69,969 Expenditure on: Charitable activiftes 17,467 3.805 65.000 8&272 Bankekarges 74 74 Total expenditsre 17,541 3,805 65.0(M) 86,346 Net (expendltureylncome for th¢ yegr before gain on inYegtmeDts (14.182) {2,415) 220 {16,377) Gain on InV¢Ment 3,957 470 4,427 Net (expenditurey Income and net movement in funds (14,182) 1,542 690 (11,950) Bala¢3 brought forward &t i Jthy 17,121 50,162 19,536 86024 BalaDCU carried forward at 30 June 2,939 51,704 20,226 74074 13