REGISTERED CRLIRrfY NUMBER: 296368 Report of the TnLS1ttS and Financ1 StsteMU for Year Ended 3 I August 2025 Sir J(wh Williarwon's ChAritsble Tntst Beak Kemmenoe Chartered Accountsnts 1-3 Manor Road Chaiham Kent ME4 6AE
Sli J(*eph Willwm50n's Chantsble TTU5t Contents of the Financial Statements forthe year ended 31 August 2025 Pa¥e Reference ènd Administratsv¢ D¢taiis R¢pon ofthe Tr15 Stsiement of Trusiees. Responsibilrties Independent Euminels Re Sth¢¢meni of FinW1 Actiyihes Balan¢¢ Sheet Notes io the Financithl Statements 9 to 17
Sir Joseph WillianLson's Chantsble Trwt Reference and Administrative Daaiis for the year ended }1 Au¥ust 2025 TRL'STEES R J Race c¢mn l MCL l'ice ChaiTwon Nl D(MJd P H¢sketh Dean of ROCheeT Catherdral S Bnvio S Gurte G Halls P Hamtlton (Ttsigned 14.5.2025) PRINCIPAL ADDRKSS l Maynard Pce Chatham Keni Pl5 7HD REGISTERED ClblRrrY NUlBER 296368 II¥DEPENDEKf EXAMINER Beak KemEJYno¢ Chartered Accountants 1-3 Manor Road CthaM Kent fE4 6.4E SOLICOR5 DGB Solicitors LLP The Capthin's Howe Central A&'enue Pembroke Chatham Maritirn¢ Kent ME4 4UF INVTSTMEiYf ADIqSERS RAK"enscroft The SLngin8 Men's Chamber5 19 Mirngter Pie£itlLts PrfertrA)rou8h PEI IXX Page I
Sir Joseph William5¢)n's Charitable Tnst Rewrt of the Trustees foT the year ended 3 1st 2025 The trustees present their repon with the financial statetwits of ¢he chanty for the year ended 31st August 2025 The tyusttts ve adopted the provisions of .4ccouDtsn¥ and RetMTrnin8 by Charitie5. Stsiement of Recommended Pra¢ti¢e applicable to charLfLe5 ple[lA% their accounts In accordanc¢ the Financial Reporting StsrEdard app]lble in th¢ UK and Republic of Ireland {FRS 1021 leffertive l jan1ry 2019). OBJECYII'ES AND.4cTIVlEs Polieits And objectives The objects of the Charity Ar< for th¢ benefit of th¢ blic. to adi'ance educauon throubh the provi%Lon of a site kn Rochester for the school" and to advance ¢dUtion throu8h furthering the educaiion of benefJ¢Jari¢s attendinbi the Sthi>ol Conducted on the Charity's PToperty by ihe award of pri2¢s lor other suitsble reM4rdl. and to advance tducaiion through givin8 urants. bwsaries or other payments io beneficiaries who are in need of financial assistance {or to educational insiitrjtsons artended by such benefici3rie51. and Jn providing fIn¢la1 or otl)er assistsnce to such beneficjaries io assist thN"i ¢nty into a professiort trnde or llin¥ or w ¢nabl¢ theni to trai'el abroad io pursue th¢ir edutIOn. and io provide and supwjrt educ4tioNI. iecreabonal or ancillary fo¢ilit1¢5 and 5eTrices for the benefit of the Per1clarIeS and the inhabttsrns of the ofbenef In settjng obJe¢tlV¢5 and planninb for adjvities. the Tmsiee5 have given due corLsiderntJon to general guidance published by the Chanty C'ommission relating to public benefik including the ¥uidance'TrJblic benefii.. rwmin8 a charLty' {PB21'. A¢tivtties undertAktn to Achieve objeclivd The Tr1¢£8 hal'e continued io supwrt the 8rfiviiies of Sir Joseph Willmmson's thematI1 School. Roch¢stv I'the School") during the yehi This suppm included contributions of £90.(KKJ12024- £Z90.QKKII dwin8 ih¢ year. M•in ¥rtivititJ undertaken io further the C74arity's wrpoJ¢s for the publit benefit The inain puryjose of the Charity is the ath'ancrni of educauon In partsculir the Charjty pfovLdes spe¢Lal benefits for the School. thich are in addiiion to and Ixyond the financiil support recti by the School from central ¥overrnnent. The School is a boys mmAr school bosed in RothM¢r. K¢nt. In 2019 the School jned The Lagh knad¢mJ¢5 Trust (a Mulli Academy TnLsrl The School is accessible Iwiihout payrnem of f¢¢5) to &rty iw w7thin the MedY TOWLS tho passes the I I plus examination and for sixth form studie5 to any boy Of girl within the Medway TowTh Itho achieves a suitable level of a¢hiev¢ment at GCSE. The f8¢ilJti¢J of the School Imatty of wthi¢h have been funded or prtiy funded by ihe Charity). such as its hall. spons hall, smimming pool. PAvilion and synthttic h(Kkey piith are made a]ble by the School for hire by the w7der 10¢41 communiry. The School has community link5 With other in the are4 The Charity mRke5 an MU&l donation to Roch¢ster CffaMr Scknl. ACHIEN'EMErS AND PERFORMANCE Review of the attivitie5 The results for the yehi are sffl on pa8e 7. The Charitys unre5tri¢ted funds have o tolan¢e of £736.370 (20?4 - £687.363) at the reporting date The Charity's endowment funds have a balance of £7.670.991120?4- £7.522.1571 at the reF)rtin8 date Total gr3nts paid in the year ended 31 AUgt 2025 arnOV to £g)2IXJ. compred to £29).2Th1 in year ended 3 1 August 2024. ge2
Sir Josetth will]anOn'$ Charitsble Tr1 Rewrt of the Trnstees for the year ended 3 Isi August 20?5 FINANCIAL REVtEW Going concern After Inaking appiopriate enquiries. the TnL4tvs IBi'e 8 re4sonable expecthtion that the Charity has adequate resour¢es io continue in operational existence for the fte#ble future For this reasoJL they continue to adopt the going concern basis in preparing the financial staments. Re5eTves policy Endowment fMt)d The endowm¢nt fund ¢otLSiSts of the Lxpital acco aThl repf¢sents the winanent e[Klo%Ienl of the fouThJation. Unre5tritfed The unrestyioed tund ¢onsists of the income and w¢pthJiture accoun( kn1¢h represents the amounts Available for general purp05e5 ar the discr10 Of the TAls. Surplus w¢sled fi15 are invested to achieve a retwn while additional opportunities to further the ChaTiI) s obJeaive5 are wnsidered Reserve fund policy The reserv¢s of the Charty are the resourctt thai are avoil¥bl¢ to on the Charitys object¥ves once all commitments have been met and plaftned expendilure covered They do noi include the endowment funds as these have 10 be retAined in iheir enlirety to bierbeTaie future income flo. The Charity's primary obje¢iii'e is to provide special benefits for the School thai are noi rtOrnl1y provided by central overnmeni. As a resuli. ther¢ 15 not Th>rnully arry requiiement for the Truse5 10 ac¢urnulate Teser%'es and the Tnlee$. )licy 1$ ihat they should not fall below £20.(X)O. This will allow. Ihe Charity to provide consistent funding for the Schfy)I thile allowing for variaiion in the Charity's ¢xher income and expendiluie. STRllfnlRE. GON'ERNANCE AND MANAGEMEKr Cvoverninz document SIT Joseph Williamson's Charitable Trusi is bioverned by a Scheme of the Board of Educaiion dated 3 February 1910 as amended by Schemes of 76 jw 191 ? 8 May 1915 25 January 1921. 5 November 1921. 10 Febr¥. 1932 and 19 February 1998 as amended by Special Resolulions da*d 14 November 25. 30 March 2011. 5 November 2012 and l O January 2023. lelhod$ of •ppointrntDt or elertion ofTrusiees Upon the occurrence of a wacancy. Ihe Trwstees shall CaSe a TM)te thereof to te eniered ift iheÈr minute tM)ok ot their next meeting and in the ia5e of a Wa¢aY in the office of Nomin&ied shall cause notic¢ thereof io be given a5 S(M)n Is Possible to the proper appoin11 body. Atry TnLS¢tt may be rwwintvj. OrynIli0rnl ltry¢re and dttiiioTrmaking poli¢¥ The body of Trustees shall CO[1 of seven comwent persons The Trustees shall &sk each of the following iy)dies io nominate one person (who may bui does haie to b¢ a Mern of the appDirtlin¥ bodyl. to be a Trusttt of the Charity". The Dean and Chapter of Rwh¢st¢r Cathedral. In the County of Kent: The Triistees for the tlme being of the (had Watts Ch)rity: The WaTdens al .4ssistsnts of the Rwhester Bnd8e. In the County. of Kent." Medwdy CouD¢il', and The Old WLllianLsonJan c.lub. Co•OPted TnLStees. Noi more than three at the dis¢retioo of the TnLSte¢s. Th¢ name5 of the Trustee5, who served durin¥ tht financi31 y¢•r. are Dn pAge l. A Trustees, Commjttee been fotmed whk"¢h m&kes recommendatsons to the miin Ix)dy of Ttustees and all decisions aTe rdtified at full meetsn8s of the TrUSeS. Page 3
Sir Joseph Willianlson's Charithble Tnlsi Report of the Trltstees for the year cled 3 Isi Au8USt 205 STRucfuRE, GOVERNANCE AND I¥IANAGENIE Policie5 adopted for ihe iTrdutti•n and trainin2 ofTThs1tt5 AII TtU5tees ale encoura&Jed to attend train% cout5e5 and seminats on a Te¥ular IA5L5. New Ttustees are given full dethils of the Chariry and are encowaged io allend board meetings regularly io wd•i iheir understsndjng of the work of th¢ Charity. Ruk man#erneni The Tte¢S hai'e assessed the rrAjor strategic. business and opera¢¥onal risks M41i¢h the Charity mav face and rth'iew risks on a regular basis The Trttt5 Confi the sYSten have been estsblished io enable regular rep)rts to be prThlu¢ed so that rtecessar). step5 be thken to mtligBte these nsks. PIAns for future periodi The Charity wll continue to pursue tts rnain activities as Outlin in pa8e 2. Approved by order of the board of mwtt8 ors.. .. R J Race- Truslee Pa8e 4
Sir Joseph Williamson's Chantsble Ttust Ststernem of Trustees, Rwibtlities for the year ended 31st August 2025 The InLSt¢ts are r¢5p)nsibl¢ for pretoring the Report of tF¢ Truses and the finan¢ial sthtements in accordance Mith applicable lam. and United Kingdom Acu)unting StsndaTds (Uftited Kingdom CeIlY Accepted Accountyng Pracilcel. The low 0ppljb]e io ¢hartiies in Engtsnd and Wales. the Chariiies A¢¢ 2011. Chanty {Accowits and Reports) R¢gulaiJons 2008 and the provLSLOtLS of the trwst d¢ed r¢quire5 the trstee5 prepar¢ finatKial statetnents for each fInancl year which grve a tyue and fiT of the slate of 2ffa115 of the chanty and of the Incoming resource5 and application of resources. 50¢1uding the inccAne aThl exF¢nth'Thwe. of the chariTr for that period. In preparirt¥ those finaL)ci&l stsiement% ihe tnLStees are requiT¢d to select suirable ac¢ouniLng tx)Iicies and then apply them cor6tsieThiy: observe the methods and principle5 in the Charlry SORP" make Judgemertts and estin¥tes Ihai are re850nable aThJ pften1. prepare the fJnan¢Lal ststemems on the goin8 concun basis unltss li is inappropriate presume thai the charity will onELnue Ln biLStrh¢s5 The trusttts ar¢ resp)nsible for keeping proper acwioiing rNdS 1¢h disclose with reasonable accwracy ai any lime th¢ fLnan¢L81 positLon of the charity and to en8ble them to ensure th41 the fLnAn¢wl stsi¢ments mplY witli the Chariiies Aci ?01 I, the ChaTlry (Accounts and Reports) Re¥ulations 2(YJ8 and the prO$10th$ of the tntst deed. Thev are also Tesponsible for safe¥uarding the as%ts of the charity atyj hence for tskjng feasonable Meps for the prevention And detection of fraud and other irre8ularities. Page 5
Indepffident Examiner's Re)rt to the Ttusttts of Sir Joseph williaELvE Charitsble Trwst Indeptndent esaminer's report to the tTh$iets of Sir Joseph waiinL%On'S Charitable Trnit I report io the chariry tyustees on my examinatson of the accounts of Sir Joseph Williamson's Charitsble Trwi lthe TrSt) for the y&ii eJLded 31st August 2025. RespoThJibiliiies #nd bsis of rtport As the charity Irusiees of the T[ )"ou are responsible for the of the a¢¢owts in ac¢ordanc¢ with the requirements of the Charities Act ?01 I I'fv Ace). I report in SpeCt of my examination of the Trusi's accounts Carri OLll UTxleT Sectson 145 of the Act and in c4nyin¥ out my examination I follo5 all applicabl¢ Directions givert by the Chanty COMMS1On uleT Seciion 14515Mb) of the Act ldepeNde¢ eiaminer's stalernent I have coinpleted my examination. I confjrni thRt no maierial matters h&ve come io my attentson in connection with the examination giving me (lIe to believe that Ert art) maienal resptti." accounlJn¥ Tecoids were noi kepi in r¢specl of the Tntst as tequired by sects( 130 of the A. or the accounrs do noi accord wih those records: or the a¢¢ounts do not comply with the applicable requirvJn¢nts concerning the fomi and conient of ac¢owits Set out in the Charities IA¢couDts and R¢TX)rLs) Regulatsons 2(X)8 other than any requlremeni that the accounts give a true and fair view Mthich is not a mitter corL%idered as pan of an independeni examiNtiort. I have no coiiceTA% and have Come acT05S no other rnatters in conneuion with the exarnination to which #rtention should be drawi in this repon In Order io en4ble a woper Understandi of accounts io re4ched. Natalie Harrison FCA FCCA CTA TEP Beak Kemmenoe Chartered Accountants 1-3 Manor Ro&d Chatham Keni ME4 6AE Dale. 0-II-202S Pa8¢ 6
Sir JO$ Willianson¥ Charitsble TTU5t Sthtemutt of Financ¥1 Activities for the y¢4r endeAI 31si August 2025 2025 Total funds ?024 Total funds Unrestricted fijnd Restricted fu Endolent N¢$ LYCOME AND ENDOWMEiYfs FROM Invesunent hncorne 186.651 186.651 208.489 EXPENDrrLIRE ON Raising funds 3.423 25,296 ?8.719 29.526 Charilable #ttivitieg Charitable artiNilies 13A948 4.050 140.998 321.042 Totil 140.371 29.346 169.717 350.568 N¢¢ gains ort 1tNesthnts 1727 178.180 180.9)7 353.215 NET INCOME 49.7 148.834 197.841 211.136 RECONCILIATION OF Total funds brthjghi forw¥rd 687.363 7.522.137 8.209.520 7,998.384 TOTAL FUNDS CARRIED FORWARD 736.370 7.670.WI 8.407.361 8.209.520 The note5 fortn IHrt of these financial ststements Page 7
Sir Joseph willianOn'5 Chan"tsble TnLSt Balance Sheet 31st Augwi 2025 2025 Totsl fuTrJs 2024 ToEal funds Unrestricted fund Restrict EThJone fund Notes FIXED ASSETS Tangible assets Invesliiieii¢s Ini'estments In¢$iment property 10 6293 6.293 6.293 685.54? 4.454.698 3.210,IXKI 5.140.?40 3.210.IMJ) 4.948.344 3.212.000 12 685.542 7.670.991 8.356.533 8.166.637 CURRENT ASSETS Debtors CA5h at bank 2,949 3.594 44.110 54.27? 57.L?I 47.704 CREDITORS Aniounis fallinb due wiihin one year 14 {6.3931 16.3931 (4.821 } NET CURRENT Assrrs 50,828 50,828 42.883 TOTAL ,ISSETq LESS C.I1RRENT I.IABILITIES 736.370 7.670.991 8.407.361 NET ASSETS 736,370 7.670.991 8.407.361 .209,520 FIINDS Unresiriaed funds Endowment funds 15 736.370 7.670.991 687,363 7.522.157 TOTAL NDs 8,407.361 .209.520 The financial s(ateMents were appro%'ed by the Board of Tnlee5 and authoris¢d for i$we . and were SI8 on its behalf by.. ort RJRa¢ Trusiee The n¢3 forni wt of thtse financial 518tem¢nts Page 8
Sir Joseph Willkinwi's Chantsble TnLSt Notes to the Ftnancill Ststennts for yeat ended 31st Augu# 2025 GENERAL INFORNL4TION SIT Joseph W'illiamson's Chritable I'the ChaTity'I 1$ a clwity and is incorporated in England and Wales with the reglsiraiiotk number ?96368. The address of the regtsiered offJ¢e LS shown OTh page l. AccouiYfiNG POLICIES Basis of preparing the fth•n¢il statements The tinan¢ial statements of the chaTJty. thi¢h is a publi¢ be11 entity under FRS 102. have been PT¢PJTd in aordanCe with the Charities SORP IFRS 102) 'Accounlin¥ and Repming b> Charities" Statem¢nt of Rectsmmended Practice applicable chaTilies prepann8 th¢Lr accounts En accoTd&nce with the Financial Reponin¥ Standard applicable in the UK and Republic of Ireland IFRS 10?) leffe¢ii¥e l January •0191', Financlal Reporting Srandard 102 The Financial Reportin¥ SthndaTd appIlble in the UK and Republic of Ireland, and the Char1ti¢5 Aet •OI l The findla] statements have been PTepTd urtder the historical Cosi coni'enrion. wilh the Exception of investsnents ¥thich are inclwded at mirkd Nllue. The financial staiemenls have been prermred to wve a true and faie %'i¢w Criticil acfountin¥ judzements key $our¢es ofestim¢ion In the application of the Chartry's a¢Lounring policie5. the Trusitts are requiT¢d io tnake Judgennts. estimates and assumptions Aboth th¢ c4rryin¥ anUnts of assets and liabilities thai are n(M re4dil)' preI from other sour¢e5 The eslimaies and assocLated assumpiLOnS are trAsed on hi$toncal experience and other factors that are COTLSLdereA to be relevant A¢nsg1 Te5uIts may differ from these estsmfft. The estimates and uThJerlying assumpnons are reviewtd on an ongoing bA$iS Revisions to accowitin8 estimates are reco8nised in the period Ip whL¢h th¢ estimate it revised if the Tevision aff¢¢ts only Ihat period. or in the peri(xJ of th¢ rew510n and future pertods if the revtssion affects knth current and fUtt¢ periods In preparin¥ the financial sthtetnents th¢ TrSlee5 have m•de the following Jud8¢ments' The TrSlee5 have concluded thAi fhir value of the CliS investhKffl propertiu is equal to the amount disclosed irt the a¢¢ounts Going tonttrn The Truslees assess th¢ of 8oin8 ¢teM is appropr1¢ i e. wlLdh¢r there are any m&terial E)certainties related to events or ¢onditioDs ihai taY ¢&st $18nific4rn doubt on the ability of ihe Charity fo conilnue as a going Concern. The Tnle¢S make thi5 assvJSffnt in resp¢ci of a perkod of 81 least one year from the date of huthorisatson for issue of ihe financial ststements and have ¢on¢lud¢d that the ChTity h&5 adeqale resources to conttnue In 08110al exisietK¢ for the foreseeable future and there are no maienal uncertainties about ihe Charity'5 ability to cotxinve as a going concern, thus they COMinue to odom the 8oinB concern 515 of accountlng in preForin8 tb¢ fln91 5tstements. Income All inconie is rwo8nised in the Stsietnent of Financial Athi&Tr¢i¢S once the charity has entidement to the funds. it is probable that the income 111 be T¢ceii'ed and the aMj1 c4n be measured reliably Rentsl income 1$ recosed lyn a straight line $1S over the rentsl perio& Expenditure Expendiiure is rwni5d once there is a legal lx ¢0mIve obli8atton to tsansfet economic t*nefJi to a third party. Lt is probable that A trnnsfer of ¢cOnnIC benefits wll be required in SettleMt 2nd the amount of the obligation can be measured reliabty. Expenditure on raising funds in¢lud¢s ¢xpendiDJre inojrrd by the Chan'ty to raise funds for its charitable purposes and includw mve5tment fees. Page 9 continud...
Sir Joseph willian0,5 Charithble TnL4t
Notes to the FtMncial StstemetrtS- C4)rninu¢d
for the yr ended 3 1st Augwi 205
AccoulrING POLICIES- ¢ODtinued
Expendithre
EKpendiiure tsn ¢haritsble activities is incurred on directty ut)dertsknn8 the acttvities which further the Chanty's
objectiv¢s, a5 wrll as #ny associaied 5uppofE Costs.
Grants payable are rharged in the year kn the offu 1$ made ex¢w in those cases tre ihe offer LS
conditional. such gran¢s being recognised as expendiwre th the condiiions atta¢hin8 are fijlfilled. Grants
offeTed subject to tlI110n5 which have noi b¢en mei at the ye41 eod are noted &s a commitmenL bui noi
accnjed as expenditur¢.
All expenditure is inclusive of irrecoverable VAT.
Inierest re
Sii Joseph Wt1]kn'S Charitsble Trnsi Notes to the FirxwKial Stsn- continued for the year ended 3 Isi August 20?5 AccouKfLYG POLICIES- conlinu LixbAities pr•viiion$ Liabiliiies are Tecognised at the amouni that the Charit)" anticipates li will pay to sdde the debt or the amount it has received a5 advanced Foyments for the gc)ds or servicts it mLL4 provide. Provisions are measured ai the be4 estEmate of the aTnOUnts requiT¢d to settle the obligaiion Where the effect of lh¢ tsme value tsf money Is material. the Provision is based on the present Nlue of those amounts. discounted at the pie•tax dcOUnt rate that refleLts the tisks sp¢¢ific to the liability The n"n8 of the dLSCOUnl IS i&ognised Jn the StatenYnt of fu¢1 arfiviii¢S as a flnCe cosi. Fund Actountink Endownent fwids represent the £5.(KK) tqueathed from SIT Jwh WillwThsoD in his last will and testarneni in 1701 for building and earying on atkl wpeDJal maln11ng of a frtt scIK)ol ai Rochesier These capitsl fijnds have been inN'e5ted in ptopery and 11sied investsnents and ¢annoi be speni. The 1n$ and losses on the skle OT re%'alu8iton of Ihese lni'esints are credid or charged to endowTnent funds along thryth the c05t5 of main¢aJning Ihe share tKJrtfolio. General funds are unrestricted funds which are available for w at the discrrtion of the TrIleeS in furtheTAn¢e of the gener81 objectives of the Chanty and Mthich have not been desigtrd for other purposes. This includes the investment Income received from the enthjwntni funds Anlal unrestric*d fwids haw¢ been invested thile opportunities for furthering the chfiTiIYs obJecliv¢s •re considered. Inv¢sDtKnt inujme, InS and losses are allocated to the appropriate fund. INVESTMLYT INCOME 2025 2024 Rent Income from list¢d investments Bank Lntere5t rttthvable 44,259 141.758 634 46.479 161.329 681 186.651 208.489 CHARITABLE A1VlEs COSTS ant fundin¥ of aaii'lLte5 {see )le Dire¢1 Costs (see note 5) Supp)rt ¢osts (see ne 7) 61 Totsls Charitable athiviiies 39.917 90.?WJ 10,881 140,998 Page contirtued..
Sir Joseph Willthmson's Chan'tsble Tnj Notes to the FiTMrKial Statets- c4yntinu for the ye41 eth 3 1st August 20?5 DtREcf COSTS OF CHARALE AcrivrriES 2025 2024 Insurance Prop¢Tty repairs Professional fee5 Commission5 pavable Property rates 3.391 5.036 4,013 648 3.759 39.917 21.586 GRAs PA YABLE 2025 2024 Grants paid 10 Sir Joseph Williamson's Math¢maual SclKJoI Grants patd lo Rhester fjramrnar SchiM)I 2W.(x)O 200 200 .2Th) ?90.200 The grani paid 10 Sir Joseph will50n,5 MathryThiii1 School is the School's annual an1. SUPPORT COSTS Gov¢rnaAce Charitable actiwties 10.881 2025 2024 Sundry eXnseS Clerk.'s fees and wages IJ¢pendCnf ¢xamin¢ls fees 69 6.852 103 3.840 10.881 9.2.86 The Independent examinerfs fees reprtsent the amounts payable for the preration of the a¢Unts ond performing an indepernlent e%aminatio Page 12 ¢oMinLLed...
Sir Joseph Willhimson's Chantsble Trusi Nts tothe Financial Ststements- continued for the year ended 31si August 2025 TRUSTEES. REiIIUNERATION AND BENEFrrs There were no In1¢¢$, remwherauon or other benefits for the year ended 31st Au8usi ?024 nor for the year ended 3 1st Au8LLSt 2024. Tru$iees' eipttsses TheTe wEre no trlte¢s, expeNes paid for the year eThJed 31st AUgt 2025 nor for the year ended 315t.4ugust 2024. COMPARATllfS FOR THE STATElEP OF FINANCIAL ACTIIryTIES Unrestriued Restricted fuTrJ fund Endowment fund Totsl funds INCOME AND ENDowMEfS FROM Investment income 21)8.489 208,489 EXPENDrriiRE ON Raising 25,634 29.526 Charit•bl¢ •ciiviti Charitable actLVlties 321.042 321.042 Total 324.934 25,634 350.568 Net gains on inv¢itnnts 29.848 323.367 353.215 Nrf lNCOMFJIEXPENDURE) (86.597) 297,733 211.136 RECONCILIATION OF FUNDS Tolal fund5 brou8ht fonwd 773.%0 7.224.424 7.W8.384 TOTAL FUNDS CARRIED FORWARD 687.363 7.522,157 .209.520 TATr4GIBLE FLXED.4SSETS Freehold prop COST At 1st September 2024 and 315t August 025 6.293 BOOK I'ALIIE At 3 1st Au8U5I 2025 6.293 At 3 1st Augu512024 6,293 Page 13 continued...
Sir Joseph Willianbons Chantable TtU5t Notos to the Financial Ststements- continuryl for the year ended 31st AuwL5t 2025 TANGtBI.E FIXED ASSETS- The original fr¢ehold ptoptrties are M¢lLed at £1 and cornprise the sdK)ol and buildin8s, wILich are held in furtherance of the Charity's objectives. Subsequent additions are included at ¢05t FIXED ASSET INNlSTMENrs C8sh Listed In&tments awaiun ini'esun¢nt Totsls MARKLT VALL"E Ai 15( September 2024 Additions Disposals R¢valualion Income retsin¢d 4.847 820 ? IS? 218 {2.061.6471 101.587 l (K).524 4.948,344 2.1.64? 101,587 90.309 .309 At 315t August 2025 5.039 978 l(M).262 5.140,240 NET Book I'ALUE Ai I 1st August ?0?5 5.039.978 I CKJ.262 5.140,240 At 31si Augu512024 4,847.820 ILN).524 4,948,344 INVESTMENT PROPERTY FAIR VALIIE At 1st Seplember ?024 DiSWlS {2.(X)01 Ai 3 1st Au¥ust 2025 3,210.(KM) NET BOOKVALUE Ai 3 1st Aus1 2025 3.210.0(x) At 3 1st August 2024 3,212,( The Charity's hnvestmeni properry porfolio was wdlued as at 30 June 2021 by B&x Thomas Frenth Ltd. The Trustees have Incorporated this kalu81ion inio the finan¢ml statements and belith"e thai the values Included Continue to be reAsonable subjea to the sisnirtg of the promotion agre¢meni resulting in a partial disposal of land The ori8Jnal cost of the freehold investment proF¢rtie5 w&5 £29,088, an accumulated revalu81i¢)n 5UTpIu5 to 31 August 2025 of £3,180.912. Page 14 Continued..
Sir Joseph WilliaTtson's Clwt"tsble Tru Not&% to the FiT•ncial Stsiements- ¢oniinu¢d for th¢ y¢ar ended 31st Augw 20*5 13. DEBTORS: AiiouNfs FALLING DUE MTfHIN ONE YLIR 2025 2024 Tiade debiors Oth¢r debtOTS aTwJ prepayments 2.407 542 2.407 1,187 2.949 14. CREDITORS.. AMOUNfs FALLING DIIE w.1 ONE Y£AR 2025 2024 A¢¢[15 ftnd deferred irKomp 6.393 4.821 Is. MONTME IN FUNDS movement in funds At 31.8.25 Ai 1.924 UnreJti'Scted fvnds GeneT81 fund 687.J63 49.007 736.370 Endowmeni fundi Peimaneni endOTren1 fufyjs 7.522.157 148.834 7.670.991 TOTAL FUNDS 8.2(,520 197.841 8.407,361 Net movement in funds. included in ihe above areas follows. Ina)ming resourtts Resources Gains a1 1055es Movement in funds lJnrestrieted funds General fiind 186.651 {140.371) 2,727 49,007 Endov¥rneni fthnds Permanent endowmen( fuThls 129.3461 178,180 148,834 TOTAL FUNDS 186.651 (169,717) 180.907 197.841 Page15 continued..
Sir Joseph WIllMTron'S Chantsble TTV5t N(X¢S to the FInlat Stalen- continu for the year endd 31st August 25 Is. moEMErT IN FUNDS- ethlityued Comp8rtives for rnovenwni in fuDds Net mofvem¢nt In funds At 31.8.?4 At 1.9.23 Unrestricted General fund 773.960 186.59 687.363 Endowmeni (undi Permanent ethdovmh¢nt funds 7.224.424 ?97.733 7.5?1157 TOTAL FLDs 7.W8.384 211.136 8.209,5?0 Comparative net moyemeni in funds. included in theabov¢ are as follow5.. Incomin8 Resources expended Gal and losses Movemeni in funds Unreitricttd fund# G¢neral flind 208.489 1324.9341 29.848 {86.5971 Ethdowmefji funds Perm?nent endowment fvnds {25.634} 323.367 297.733 TOTAL FUIYDS 208.489 {350.5681 353.215 211,136 A curreni yur 12 mortths and prior year 12 rN>rtths combined wJ5ition is follows." Net moN'ement in funds At 31.825 At 1.9.23 Unr¢J¢ritttd fund General fund 773.IX)O (37,590) 736.370 Endowment fundj P¢munetrt endowment fvnd5 7224.424 7.670,ty)1 TOTAL FLTNDS 7.9)8.384 408.977 8,407.361 Page 16 cotrtLnUCd...
Sii Joseph Wtlliamson's CharEtsble Tr1 Notes to the FilnclI Ststements- contmued for the year ¢nd¢d 3 1st 20?5 Is. MONTMEYf IN FUNDS- cont¢ A current year 12 mollth5 and pnor year 12 monts combid net movement in funds. includJ in the above are as follo5.. Incoming Tesowce5 Resour5 &iA% aj pended losses Movement in funds Unresirlcted General furyl 395,140 {465,305) 32.575 (37.5901 Endowment fundi Pemnent endowmeni fvnd5 {54.980) 501,547 446.567 TOTAL FUNDS 395.140 {520.?85) 534.122 408.977 16. RELATED PARTY DISCLOSIFRES The Charlty has not enred into any related pany transaaion durin8 the ytar. nor are there any oui$thftdin8 balance5 owng between related parties and the Charity at 31 August 2025. Page17