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|Contents||||
|---|---|---|---|
||||Page|
|Reference and administrative|details ofthe Charity, Its-Trustees|and advisers|1-2|
|Trustees'<br>report|||3-6|
|Independent<br>examiner's<br>report||||
|Statement offinancial activities||||
|Balance sheet||||
|Notes to the financial statements|||10-18|





|Reference and administrative<br>details ofthe Charity,|Reference and administrative<br>details ofthe Charity,|Reference and administrative<br>details ofthe Charity,|Reference and administrative<br>details ofthe Charity,|Reference and administrative<br>details ofthe Charity,|its Trustees and advIsers|its Trustees and advIsers|its Trustees and advIsers|
|---|---|---|---|---|---|---|---|
|Forthe year|ended 31August 2023|||||||
|Trustees||RJ Race, JP, DL, Chairmans||||||
|||M Dodds||||||
|||A Goulden,<br>Vice Chairman|||(resigned||13March 2023)s|
|||I McLeod, Vice Chairmans||||||
|||The Very Reverend|Dr P Hesketh|||Dean of Rochester&||
|||H Harwood<br>(resigned||14 November|||2022)2|
|||.R Turpin (resigned<br>1||August|2023)4|||
|||Stephanie<br>Brivio (appointed|||23 March 2023)s|||
|||Shirley Gurteen<br>(appointed|||4 January 2023)2|||
|||Dean and Chapter||ofRochester||Cathedral||
|||s Richard Watts Charities<br>' Rochester Bridge Trust||||||
|||4 Medway Council||||||
|||s Old Williamsonian||Club||||
|||s Co-opted||||||
|Charity number||296368||||||
|Principal office||1 Maynard<br>Place||||||
|||Chatham||||||
|||Kent||||||
|||ME5 7HD||||||
|Accountants||Kreston Reeves LLP||||||
|||Chartered<br>Accountants||||||
|||Montague<br>Place||||||
|||Quayside||||||
|||Chatham<br>Maritime||||||
|||Chatham||||||
|||Kent||||||
|||ME4 4QU||||||
|Bankers||National Westminster||Bank|Pic|||
|||148 High Street||||||
|||Chatham||||||
|||Kent||||||
|||ME4 4DB||||||
|Solicitors||dgb Solicitors LLP||||||
|||The Captain's<br>House||||||
|||Central Avenue||||||
|||Pembroke||||||
|||Chatham<br>Maritime||||||
|||Kent||||||
|||ME4 4UF||||||
|Investment|advisers|Ravenscroft||||||
|||The Singing<br>Men' s,Chambers||||||
|||19Minster Precincts||||||
|||Peterborough||||||
|||PE1 1XX||||||





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|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2023|2023|2023|2022|
||||Note||6|8||
|Income from:||||||||
|Donations<br>and|legacies||||5,000|5,000||
|Investments|||||223,277|223,277|186,747|
|Total Income|||||228,277|228,277|186,747|
|Expenditure<br>on:||||||||
|Raising funds|||5|25,642|3,855|29,497|32,552|
|Charitable<br>activities|||7||83,031|83,031|56,678|
|Total expenditure||||25,642|86,886|112,528|89,230|
|Net (expenditure)/income||before net||||||
|losses on investments||||(25,642)|141,391|115,749|97,517|
|Net losses on|investments|||(254,049)|(25,257)|(279,306)|(601,058)|
|Net movement|In funds|||(279,691)|116,134|(163,557)|(503,541)|
|Reconciliation|offunds:|||||||
|Total funds brought forward||||7,504,115|657,826|8,161,941|8,665,482|
|Net movement|in funds|||(279,691)|116,134|(163,557)|(503,541)|
|Total funds carried forward||||7,224,424|773,960|7,998,384|8,161,941|





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|||||2023||2022|
|---|---|---|---|---|---|---|
|||Note||6||F|
|Fixed assets|||||||
|Tangible assets||9||6,293||6,293|
|Investments||11||4,753,326||4,908,975|
|Investment<br>property||10||3,212,000||3,212,000|
|||||7,971,619||8,127,268|
|Current assets|||||||
|'Debtors||12|2,407||2,407||
|Cash at bank and In hand|||30,751||38,365||
||||33,158||40,772||
|Creditors: amounts|falling due within one||||||
|year'||13|(6,393)||(6,099)||
|Net current assets|'|||26,765||34,673|
|Total net assets||||7,998,384||8,161,941|
|Charity funds|||||||
|Restricted funds||14||7,224,424||7,504,115|
|Unrestricted<br>funds||14||773,960||657,826|
|Totalfunds||||7,998,384||8,161,941|






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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023<br>6|2023<br>8|2022f|
|Donations||5,000|5,000||
|Investment|income||||
|||Unrestricted|Total.|Total|
|||funds|funds|funds|
|||2023<br>6|2023|2022f|
|Rent||49,842|49,842|49,710|
|Income from|listed investments|173,154|173,154|137,022|
|Bank interest|receiyable|281|281|15|
|||223,277|223,277|186,747|
|Total2022||186,747|186,747||



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|||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2023|2023|2023|2022|
|||||6|6|||
||Investment|management|fees|25,642|3,855|29,497|32,552|
||Total 2022|||29,461|3,091|32,552||
|6.|Analysis ofgrants|||||||



|||||Grants to|Total|Total|
|---|---|---|---|---|---|---|
|||||Institutions|funds|funds|
|||||2023|2023|2022|
||||||8||
|Grants payable to educational|institutions|||61,750|61,750|31,500|
|Total 2022||||31,500|31,500||
|The Charity has made the following||material|grants to institutions|during the yean|||



|The C|harity has made the following<br>ma|terial<br>grants t|o institutions<br>during|the yean|||
|---|---|---|---|---|---|---|
|||||2023||2022|
|||||6||F|
|Name|of institution||||||
|Grants|paid to Sir Joseph Williamson's|Mathematics!|School|61,550|.|31,300|
|Grants|paid to Rochester Grammar School|||200||200|
|||||61,750||31,500|



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|||Activities|Grant||||
|---|---|---|---|---|---|---|
|||undertaken|funding<br>of|Support|Total|Total|
|||directly|activities|costs|funds|funds|
|||2023|2023|2023|2023|2022|
|||6|6|8|6|E|
|Charitable|activities|1,1 332|61,750|9,949|83,031|56,678|
|Total 2022||, 15,242|31,500|9,936|56,678||





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|||||Total|Total|
|---|---|---|---|---|---|
||||Activities|funds|funds|
||||2023|2023|2022|
|||||E|F|
|Insurance|||2,877|2,877|2,632|
|Property repairs|||1,010|1,010|2,030|
|Professional|fees||3,120|3,120|6,096|
|Commissions|payable||4,325|4,325|4,484|
||||11,332|11,332|15,242|
|Total 2022|||15,242|15,242||
|Analysis of|support costs|||||
|||||Total|Total|
||||Activities|funds|funds|
||||2023|2023|2022|
||||E|E|E|
|Sundry and|Clerk's expenses||25|25|306|
|Clerk's fees|||5,250|5,250|5,250|
|Independent|examiner's|fee|4,674|4,674|4,380|
||||9,949|9,949|9,936|
|Total 2022|||9,936|9,936||



## 



|Notes|to the financial statements|to the financial statements||||
|---|---|---|---|---|---|
|Forthe year ended 31August 2023||||||
|11.|Fixed asset investments|||||
|||||Cash||
||||Listed|awaiting||
||||investments|investment|Total|
||||5|8||
||Cost or valuation|||||
||At 1 September 2022||4,853,130|55,845|4,908,975|
||Additions||1,052,617|(1,052,617)||
||Disposals||(982,547)|966,059|(16,488)|
||Revaluations||(262,818)||(262,818)|
||Amounts<br>written off|||123,657|123,657|
||At 31 August 2023||4,660,382|92,944|'4,753,326|
||Net book value|||||
||At 31 August 2023||4,660,382|92,944|4,753,326|
||At 31 August 2022||4,853,130|55,845|4,908,975|
|12.|Debtors|||||
|||||2023|2022|
|||||8||
||Due within one year|||||
||Trade debtors|||2,407|2,407|
|13.|Creditors: Amounts|falling due within one year||||
|||||2023|2022|
|||||6|F|
||Accruals and deferred|income||6,393|6,099|





|For t|he year end|ed 31August 2023|||||||
|---|---|---|---|---|---|---|---|---|
|14.|Statement|offunds|||||||
||Statement|offunds - current year|||||||
|||Balance at 1||||||Balance at|
|||September|||||Gains/|31August|
||||2022|Income|Expenditure||(Losses)|2023|
||||6|6||6|6|6|
||Unrestricted<br>funds||||||||
||General Funds||657,826|228,277|(86,886)||(25,257)|773,960|
||Restricted|funds|||||||
||Restricted|Fund|7,504,115||(25,642)||(254,049)|7,224,424|
||Total offunds||8,161,941|228,277|(112,528)||(279,306)|7,998,384|
||Statement|offunds - prior year|||||||
||||Balance at|||||Balance at|
|||1|September||||Gains/|31 August|
||||2021<br>6|Income<br>f|Expenditure|f|(Losses)<br>6|2022<br>6|
||Unrestricted<br>funds||||||||
||General Funds||495,186|186,747|(59,769)||35,662|657,826|
||Restricted|funds|||||||
||Restricted|Fund|8,170,296||(29,461)||(636,720)|7,504,115|
||Total offunds||8,665,482|186,747|(89,230)||(601,058)|8,161,941|





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|Analysis|ofnet assets between funds - curre|nt year|||
|---|---|---|---|---|
|||Restricted|Unrestricted|Total|
|||funds|funds|funds|
|||2023|2023|2023|
|||6|6|6|
|.Tangible fixed assets||6,293||6,293|
|Fixed asset investments||4,011,104|742,222|4,753,326|
|Investment|property|3,212,000||3,212,000|
|Current assets||(4,973)|38,131|33,158|
|Creditors|due within one year||(6,393)|(6,393)|
|Total||7,224,424|773,960|7,998,384|



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|Analysis ofnet assets between funds - prior|year|||
|---|---|---|---|
||Restricted|Unrestricted|Total|
||funds|funds|funds|
||2022|2022|2022|
|||F|6|
|Tangible fixed assets|6,293||6,293|
|Fixed asset investments|4,284,837|624,138|4,908,975|
|Investment<br>property|3,212,000||3,212,000|
|Current assets|985|39,787|40,772|
|Creditors due within one year||(6,099)|(6,099)|
||7,504,115|657,826|8,161,941|



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