REGISTERED CRLIRrfY NUMBER: 296368
Report of the TnLS1ttS and
Financ￿1 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 Tr￿1￿5
Stsiement of Trusiees. Responsibilrties
Independent Euminels Re
Sth¢¢meni of FinW￿￿1 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￿¢m￿n
l MCL￿￿ l'ice ChaiTwon
Nl D(MJd
P H¢sketh Dean of ROChe￿eT Catherdral
S Bnvio
S Gurte
G Halls
P Hamtlton (Ttsigned 14.5.2025)
PRINCIPAL ADDRKSS
l Maynard P￿ce
Chatham
Keni
Pl￿5 7HD
REGISTERED ClblRrrY
NU￿lBER
296368
II¥DEPENDEKf EXAMINER
Beak KemEJYno¢
Chartered Accountants
1-3 Manor Road
C￿thaM
Kent
fE4 6.4E
SOLIC￿OR5
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]l￿ble in th¢
UK and Republic of Ireland {FRS 1021 leffertive l jan￿1ry 2019).
OBJECYII'ES AND.4cTIV￿lEs
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 ¢dU￿tion 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 edu￿tIOn. and
io provide and supwjrt educ4tioNI. iecreabonal or ancillary fo¢ilit1¢5 and 5eTrices for the benefit of the
Per￿1clarIeS 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'Tr*Jblic benefii.. rwmin8 a charLty' {PB21'.
A¢tivtties undertAktn to Achieve objeclivd
The Tr￿1¢£8 hal'e continued io supwrt the 8rfiviiies of Sir Joseph Willmmson's ￿thematI￿1 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 j￿ned The Lagh knad¢mJ¢5 Trust
(a Mulli Academy TnLsrl
The School is accessible Iwiihout payrnem of f¢¢5) to &rty iw w7thin the Med￿Y 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 CffaM￿r Scknl.
ACHIEN'EMEr￿S 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 AUg￿t 2025 arnOV￿ to £g)2IXJ. compred to £29).2Th1 in year ended 3 1
August 2024.
ge2

Sir Josetth will]an￿On'$ Charitsble Tr￿￿1
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 f￿￿te#ble future For this reasoJL they continue to adopt the going concern
basis in preparing the financial sta*ments.
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 discr￿10￿ Of the TA￿l￿s. Surplus w￿¢s￿l￿ed fi￿￿15 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 rtOrn￿l1y provided by central
overnmeni. As a resuli. ther¢ 15 not Th>rnully arry requiiement for the Trus*e5 10 ac¢urnulate Teser%'es and the Tn￿lee$.
)licy 1$ 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 Feb￿￿r¥. 1932 and 19
February 1998 as amended by Special Resolulions da*d 14 November 2￿5. 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 Ca￿Se a TM)te thereof to te eniered ift iheÈr minute tM)ok ot their next
meeting and in the ia5e of a Wa¢a￿Y 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.
OrynI￿li0rn￿l 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 ￿(ha￿d 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 TrUS￿eS.
Page 3

Sir Joseph Willianlson's Charithble Tnlsi
Report of the Trltstees
for the year c￿led 3 Isi Au8USt 20*5
STRucfuRE, GOVERNANCE AND I¥IANAGENIE
Policie5 adopted for ihe iTrdutti•n and trainin2 ofTThs1tt5
AII TtU5tees ale encoura&Jed to attend trai￿n% 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 T￿￿te¢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 Tr￿ttt5 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¢ Trus*es and the finan¢ial sthtements in accordance Mith
applicable lam. and United Kingdom Acu)unting StsndaTds (Uftited Kingdom C￿e￿IlY Accepted Accountyng Pracilcel.
The low 0pplj￿b]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 tr￿stee5 ￿ prepar¢ finatKial statetnents for each
fInanc￿l year which grve a tyue and f*iT 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 pft￿en1.
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 r￿NdS ￿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 willia￿ELvE￿ Charitsble Trwst
Indeptndent esaminer's report to the tTh$iets of Sir Joseph waii*nL%On'S Charitable Trnit
I report io the chariry tyustees on my examinatson of the accounts of Sir Joseph Williamson's Charitsble Trwi lthe Tr￿St)
for the y&ii eJLded 31st August 2025.
RespoThJibiliiies #nd b*sis 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 COMM￿S1On u￿leT Seciion 14515Mb) of
the Act
l￿depeNde￿¢ 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$￿ Willianson¥ Charitsble TTU5t
Sthtemutt of Financ¥1 Activities
for the y¢4r endeAI 31si August 2025
2025
Total
funds
?024
Total
funds
Unrestricted
fijnd
Restricted
fu
Endo￿lent
N￿¢$
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 1tNesth￿nts
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 willian￿On'5 Chan"tsble TnLSt
Balance Sheet
31st Augwi 2025
2025
Totsl
fuTrJs
2024
ToEal
funds
Unrestricted
fund
Restrict￿ EThJo￿ne￿
fund
Notes
FIXED ASSETS
Tangible assets
Invesliiieii¢s
Ini'estments
In￿¢$iment property
10
6293
6.293
6.293
685.54?
4.454.698
3.210,IXKI
5.140.?40
3.210.IMJ)
4.948.344
3.212.000
12
685.542
7.670.991
8.356.533
8.166.637
CURRENT ASSETS
Debtors
CA5h at bank
2,949
3.594
44.110
54.27?
57.L?I
47.704
CREDITORS
Aniounis fallinb due wiihin one
year
14
{6.3931
16.3931
(4.821 }
NET CURRENT Assrrs
50,828
50,828
42.883
TOTAL ,ISSETq LESS
C.I1RRENT I.IABILITIES
736.370
7.670.991
8.407.361
NET ASSETS
736,370
7.670.991
8.407.361
.209,520
FIINDS
Unresiriaed funds
Endowment funds
15
736.370
7.670.991
687,363
7.522.157
TOTAL ￿NDs
8,407.361
.209.520
The financial s(ateMents were appro%'ed by the Board of Tn￿lee5 and authoris¢d for i$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 Ststen*nts
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¢i*l statements
The tinan¢ial statements of the chaTJty. ￿thi¢h is a publi¢ be￿11 entity under FRS 102. have been PT¢PJTd in
a￿ordanCe 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 appIl￿ble in the UK and Republic of
Ireland, and the Char1ti¢5 Aet •OI l The find￿la] 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 $our¢es ofestim*¢ion
In the application of the Chartry's a¢Lounring policie5. the Trusitts are requiT¢d io tnake Judgen￿nts. estimates
and assumptions Aboth th¢ c4rryin¥ an￿Unts of assets and liabilities thai are n(M re4dil)' ￿p￿re￿I from other
sour¢e5 The eslimaies and assocLated assumpiLOnS are trAsed on hi$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¢ Tr￿Slee5 have m•de the following Jud8¢ments'
The Tr￿Slee5 have concluded thAi fhir value of the C￿li￿S investhKffl propertiu is equal to the amount
disclosed irt the a¢¢ounts
Going tonttrn
The Truslees assess th¢ of 8oin8 ¢￿teM is appropr￿1¢ i e. wlLdh¢r there are any m&terial
E)certainties related to events or ¢onditioDs ihai t￿aY ¢&st $18nific4rn doubt on the ability of ihe Charity fo
conilnue as a going Concern. The Tn￿le¢S make thi5 assvJSff*nt in resp¢ci of a perkod of 81 least one year from
the date of huthorisatson for issue of ihe financial ststements and have ¢on¢lud¢d that the ChTity h&5 adeq￿ale
resources to conttnue In 0￿￿8110￿al exisietK¢ for the foreseeable future and there are no maienal uncertainties
about ihe Charity'5 ability to cotxinve as a going concern, thus they COMinue to odom the 8oinB concern ￿515 of
accountlng in preForin8 tb¢ fln9￿￿1 5tstements.
Income
All inconie is rwo8nised in the Stsietnent of Financial Athi&Tr¢i¢S once the charity has entidement to the funds. it
is probable that the income ￿111 be T¢ceii'ed and the aM￿j￿1 c4n be measured reliably
Rentsl income 1$ reco￿sed lyn a straight line ￿$1S over the rentsl perio&
Expenditure
Expendiiure is rwni5d once there is a legal lx ¢0￿mI￿ve obli8atton to tsansfet economic t*nefJi to a third
party. Lt is probable that A trnnsfer of ¢cOn￿nIC benefits wll be required in SettleM￿t 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 willian￿0￿,5 Charithble TnL4t
Notes to the FtMncial StstemetrtS- C4)rninu¢d
for the y￿r ended 3 1st Augwi 20*5
Accoul￿rING 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 ￿t￿lI110n5 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<eiv•bl¢
Intere51 on funds held on d¢posii is incI￿jed reC¢L￿bIt and the amoth)i can b¢ mea5uied reliably by the
Cha¥ity. this is nornully upon Thotificatson of the in*r¢A paid oi payable b>. the iiwitution Mthom the fund5
ale deposited
Fin•n¢i•l instrnme4bi$
Fixed asset Ini'es¢m¢nis are a fomi of financial iTLstyument and are iniiially r¢¢ounised al thth'r transactLOJI Cost
And $ubsequenil)' me4sured at fair value ot the BaiaTKe sheet date. Unl￿ the Nalue Cann￿ be measured reliably
In ￿th)eh case it is measured at cosi less imFxirnKfti. Quood rMTker price is w￿ldered fatT value lowesimeni
ains and losses. wthether r¢4lLsed or uNealised are as 'Nd gal￿ (ffi tni'¢5tments' in the S￿￿ment of
financial a¥llVitiU.
Other thn investsn¢nt5, the Charity only ha5 fInA￿La1 ￿ets and financial liabjliti¢s of a kind ihai qualify 85
basic financial instruments Basi¢ financwl instruments are initsalty recogniged at trol￿tE￿On N'alue and
subsequentlv measured ai th¢Lr sertlemenl i'alve exceptson of bank 104ns whieh are subsequently
nieasuted at hmonised ¢0st Using the tffeaivt Inter¢51 mdhLNI.
Tangible fiied assets
ie original fTeehold land and properties. beinB the xlLooI land and building5. hav¢ been in¢ltyJed ai a nominal
value of £1 Subs¢quert additions are includ¢d at cost.
The TnAsitts have the opinion that no depreciatson sknuld be ch&rged 8iveD th¢ minim&l carryin& value. Ihe long
estimated useful life aThJ the Lqr8e rwidllll value.
Debtors
Trade and oiher debtor5 are Ye￿gniSed at the settlement amount after any trade discount offered Pr¢p4yments
or¢ valued at the amouni prepaLd net of any ￿de discounts due.
CAsh at b*nk and in hand
Cash at bank and in hand Includ￿ c•sh and short-ierni hi8h]y liquid inveSth￿ts with a short maturity. of three
month5 or less from ihe d8t¢ of acqui4rtion or cyeMn8 of the deposit oi similar a¢¢ount
Inveslment property
Investrnent property is included at fair ￿luC Fair value gains and lo&se5 are recognIs￿ in the Stst¢m¢nt of
Financial AdLVLtie5.
The 5Lgning of the promotion awent 145 tre4ted gs a partial disposal of land and the Bain been
reporta in the Sraiement of Fina￿la1 Acttvities as Net on invesunens
Liabililies •Dd prOv￿10￿S
Liabiliijes &Te recognised when there is an oblhgation at the BaJarKe sheet date as a result of a past cvent. it is
probable that a trartsfer of economhc bet￿lt will be required m settlemenL 8nd th¢ atnount of the settlement c4n
be estimated reliably
Page 10
continued..

Sii Joseph Wt1]kn￿'S Charitsble Trnsi
Notes to the FirxwKial Sts￿n￿￿- 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 N*lue of those amounts. discounted at
the pie•tax d￿cOUnt 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 fl￿nCe cosi.
Fund Actountink
Endownent fwids represent the £5.(KK) t*queathed from SIT Jwh WillwThsoD in his last will and testarneni in
1701 for building and earying on atkl wpeDJal maln￿1￿1ng 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'esi￿￿nts are credi*d 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 TrI￿leeS in furtheTAn¢e of
the gener81 objectives of the Chanty and Mthich have not been desig￿trd for other purposes. This includes the
investment Income received from the enthjwntni funds A￿￿n￿la￿l 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 A￿1V￿lEs COSTS
ant
fundin¥ of
aaii'lLte5
{see ￿)le
Dire¢1
Costs (see
note 5)
Supp)rt
¢osts (see
n￿e 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 State￿￿ts- c4yntinu
for the ye41 eth 3 1st August 20?5
DtREcf COSTS OF CHAR￿A￿LE 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
GRA￿s PA YABLE
2025
2024
Grants paid 10 Sir Joseph Williamson's Math¢maual SclKJoI
Grants patd lo R￿hester fjramrnar SchiM)I
2W.(x)O
200
200
.2Th)
?90.200
The grani paid 10 Sir Joseph will￿￿50n,5 MathryThiii￿1 School is the School's annual ￿an1.
SUPPORT COSTS
Gov¢rnaAce
Charitable actiwties
10.881
2025
2024
Sundry eX￿nseS
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 pre￿ration of the a¢￿Unts ond
performing an indepernlent e%aminatio
Page 12
¢oMinLLed...

Sir Joseph Willhimson's Chantsble Trusi
N￿ts tothe Financial Ststements- continued
for the year ended 31si August 2025
TRUSTEES. REiIIUNERATION AND BENEFrrs
There were no In￿1¢¢$, remwherauon or other benefits for the year ended 31st Au8usi ?024 nor for the year
ended 3 1st Au8LLSt 2024.
Tru$iees' eipttsses
TheTe wEre no tr￿lte¢s, expeNes paid for the year eThJed 31st AUg￿t 2025 nor for the year ended
315t.4ugust 2024.
COMPARATllfS FOR THE STATE￿lEP￿ OF FINANCIAL ACTIIryTIES
Unrestriued
Restricted
fuTrJ
fund
Endowment
fund
Totsl
funds
INCOME AND ENDowME￿fS 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¢itn*nts
29.848
323.367
353.215
Nrf lNCOMFJIEXPEND￿URE)
(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¢lL￿ed 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
DiSW￿lS
{2.(X)01
Ai 3 1st Au¥ust 2025
3,210.(KM)
NET BOOKVALUE
Ai 3 1st Aus￿1 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 endO￿Tren1 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 a￿1
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 WIllMTr￿on'S Chantsble TTV5t
N(X¢S to the FIn￿lat Stalen￿- continu
for the year endd 31st August 2￿5
Is.
mo￿EME￿rT IN FUNDS- ethlityued
Comp8r*tives 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 FL￿Ds
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 Tr￿1
Notes to the Fil*nc￿lI 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 combi￿d net movement in funds. includ*J in the above are
as follo￿5..
Incoming
Tesowce5
Resour￿5 &iA% a￿j
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 en￿red 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