THE FARNHAM INSTITiTfE CHARITY
ANNUAL REPORT AND UNAUDITED ACCOUNTS
FOR THE YEAR ENDED
30 SEPTEMBER 2024
Charlty Number 305033
BUSINESS
ADVISORS
&ACCQUNTAPITS
The Granary
Hones Yard
Waverley Lane
Farnham
Surrey
GV9 8BB

THE FARNHAM INSTITUTE CHARTrY
FINANCIAL STATEMENTS
YEAR ENDED 30 SEvfEMBER 2024
coKrENTS
PAGE
Trustees Annual Report
Ito4
Independent Examiner's report to the Trustee5
Statement of financial activities
Balance sheet
Notes to the financial statements
8t013

THE FARNHAM INSTrruTE CHARITY
TRUSTEES ANNUAL REPORT
YEAR ENDED 30 SEPTEMBER 2024
The Trustees present their report and the unaudited financial statements of the Charity for the year
ended 30 September 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity name
The Farnham Institute
Charity registration number
305033
7 Crownwood Gate
Beavers Road
Farnham
Surrey
GU9 7GE
The Trustees
The Trustees who served the Charity during the year and since the year end were as follows:
Andrew Lodge (Chairman)
Emily Joyce {Treasurer)
Margaret Daniels {Secretary)
Peter Greenyer
Max Lyons
Barbara Milam
ChristopherTibbott
Jerome O'callaghan
BankeTS
Lloyds Bank
75 Castle Street
Farnham
Surrey
GU9 7LT
Independent Examiner
Mr S. P. F. Howell FCCA
TC Group
The Granary
Hones Yard
Waverley Lane
Farnham
Surrey
GU9 8BB

THE FARNHAM INSTITUTE CHARJTY
TRUSTEES ANNUAL REPORT
YEAR ENDED 30 SEPTEMBER 2024
STATUTORY ADMINISTRATIVE DEfAILS
The Trustees present their report, the Independent Examinerfs report and financial statements for the
year ended 30th September 2024.
5TRucfuRE. GOVERNANCE AND MANAGEMENT
The Charity is governed by a declaration of trust originally dated 1897 and most recently updated on
17th January 1977, under a scheme approved bythe Charity Commission.
The Charity is controlled, managed and operated by the Trustees. The Trustees are all unpaid.
Trustees are appointed from interested and competent residents of Farnham and surrounding areas.
New Trustees are provided with copies of the goveming document and accounts as well as Charity
Commission guidance for Trustees of charities.
TheTrustees examine the major risks the Charity faces when considering its future plans and projects.
The Charity has developed systems to monitor and control these risks to mitigate any impactthey may
have on the Charity.
OBJEcfivES AND ACTIVITIES
The object of the Charity is the management and letting of the Farnham Institute building, South Street,
Farnham, and the application of the income derived there from for any charitable purposes for the
general benefit of the inhabitants of Farnham.
The Trustees have had regard to the guidance issued by the Charity Commission on public benefit and
believe that they are advancing community development and culture in Farnham through their grant
making policies to organisation5 active in the locality.
ACHIEVEMENTS AND PERFORMANCE
The Charity distributes grants to causeswhich benefit the people of Farnham. Duringthe yearthe Trust
made grants to 34 {2023- 261 local organisations amounting to £88.58412023: £26,538). Having agreed
a new lease with the charivs tenant in 2023. the Trustees were keen to utilise some of the recent
profits made on their investments, by showing their commitment to a significant local cause. The
Trustees therefore agreed to make a one-off donation of £50,000 during the year to The Phyllis
Tuckwell Hospice new building project.
The Charity has also continued to offer assistance to the Farnham Support Fund and has also supported
Farnham in Bloom, which achieves the joint aims of supporting a very worthwhile community project
and raising the profile of the Charity in Farnham, as a source of support for other well deserving
activities in the town.
Details of the organisations benefitting from these grants are given in note 5 to the financial
statements.

THE FARNHAM INSTrruTE CHARITY
TRUSTEES ANNUAL REPORT
YEAR ENDED 30 SEPTEMBER 2024
FINANCIAL REVIEW
The Charity's assets comprise a building on South Street, Farnham, Surrey, which is currently leased to
the Bush Hotel Limited, who use the charit¢5 building primarily for conferences and events. The lease
was agreed in 2023 over a 20-year term, with staged increases and break clauses at each 5-year point.
During the year under review thetotal value of the Charity's Funds reduced from £581,276to £577,592
{2023 - increase from £553,374 to £581,276}, the reduction in funds being a result of the significant
one off donation to The Phyllis Tuckwell Hospice. The reduction in funds was lower than anticipated,
due to further gains in investments during the year.
Where in previous years the chariws annual grants have been linked to rental income received, the
Trustees have reconsidered this position given the lower level of rental income and are in agreement
that distributions from gain5 in investments shall also be considered, where the needs of local
organisations are sufficientto warrantthe use of the additional funds. The future requirements for the
servicing the building will be kept in mind when making any additional distributions.
The Trustees are conscious of the impart of fluctuations in financial markets on the value of the
investment5. The stewardship of the Charitvs Investments is with CCLA in a COIF Charities Investment
Fund. The Trustees are comfortable that CCLA has a proven track record in safeguarding charities
investments, but also keep the position under review.
The charitws reserve policy is to maintain sufficient liquid and unrestricted funds to meet the charities
anticipated requirements after taking into consideration rent receivable, to ensure that there is no
immediate impact on charitable activrties should its income stream be interrupted. At 30 September
2024 the Charity's unrestricted liquid assets stood at £29,71712023- £126,457), with a further£55,878
of funds accessible after 200 days. The Trustees have reduced the level of liquid funds available now
that the property lease has been agreed, in order to obtain better rate5 of interest, to mitigate the
impact of inflation on the charitys cash funds.
The Trustees consider the overall position of the Charity is satisfactory and foresee that funds will be
available to meet future obligations.
INDEPENDENT EXAMINER
Simon Howell FCCA, of TCGroup has been re-appointed as Independent Examinerforthe ensuing year.
RESPONSIBILITIES OF THE TRusfEES
The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements
in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the Charity
and of the incoming resources and application of resources of the Charity for that period.

THE FARNHAM INSTITUTE CHARITY
TRUSTEES ANNUAL REPORT
YEAR ENDED 30 SEPTEMBER 2024
RESPONSIBILrriES OF THE TRUSTEES (cont•nuedJ
In preparing these financial statements, the Trustees are required to:
select suitable accounting practices and apply them consistently-
observe the methods and principles in the Charities SORP 2019 IFRS 102);
make judgements and estimates that are reasonable and prudent,.
state whether applicable UKAccounting Standards have been followed. subjettto any material
departures disclosed and explained in the financial Statements:
prepare the financial statements on the going concern basis unless It is inappropriate to
presume that the Charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the Charity and enable them to ensure that the finar7cial
statements comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulations 2008
and the provisions of the trust deed. They are also responsible for safeguarding the assets of the
Charity and hence for taking reasonable steps for the prevention and detertion of fraud and other
irregularities.
/u
Signed on behalf of the Trustees on ......
2025 by
7 Crownwood Gate
Beavers Road
Farnham
Surrey
GU9 7GE
Andrew Lodge
Chairman

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE FARNHAM INSTITiJfE CHARITY
YEAR ENDED 30 SEPTEMBER 2024
I report to the Charity Trustees on my examination of the accounts of the Charity for the year ended
30 September 2024 which are set out on pages 6 to 13.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity's trustees you are responsible for the preparation of the accounts in accordance with
the requirements of the Charities Act 2011 {'the ACV).
I report in respect of my examination of the chariws accounts carried out undersection 145 of the Act
and in carrying out my examination I have followed all the applicable Directions given by the Charitv
Commission under section 145151{bl of the Act.
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
111 accounting records were not kept in respect of the charity as required by section 130 of the Act: or
12} the accounts do not accord with those records; or
131 the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair viev/ which is not a matter considered as part
of an irsdependent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Simon Howell FCCA, of TC Group
The Granary
Hones Yard
Waverley Lane
Farnham
Surrey
GU9 8BB
15
Dated: ................ .... ...... 2025

THE FARNHAM INSTITUTE CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 30 SEPTEMBER 2024
Unrestricted Unrestricted
Total Funds Total Fund5
2024
2023
Note
INCOME AND ENDOWMENTS FROM:
Charitable activities
31,108
655
48,958
297
Investments
TOTAL INCOME
31,763
49,255
EXPENDITURE ON:
Charitable activities
(91,939)
139,9121
TOTAL EXPENDITURE
{91,939)
139,912)
Net gainslllosses) on investments
56,492
18,559
INCOME/(EXPENDITURE)
Transfer between funds
(3,6841
27,9Q2
NET MOVEMENT IN FUNDS
{3,684)
27,902
RECONCILIATION OF FUNDS
Total funds brought forward
581,276
553,374
TOTAL FUND5 CARRIED FORWARD
577,592
581,276
The Statement of Financial Activities includes all gains and losses in the year and therefore
a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
The note5 on page5 8t0 13 form part ofthe5e f4naDcial 5tstements.

ThE FARNHAM INSTITUTE CHARITY
BALANCE SHEET
30 SEvfEMBER 2024
2024
2023
FIXED ASSETS
Investments
501,311
448,819
CURRENT ASSETS
Debtors
Cash at bank and in hand
io
95,839
165,677
95.839
(19,558)
165,677
129,2201
CREDITORS: Amounts falling due within one year
li
NEf CURRENT ASSErs
76,281
136,457
TOTAL ASSETS LESS CURRENT LIABIUTIES
577.592
581.276
NET ASSETS
577,592
581,276
FUNDS
Unrestricted income funds
577.592
581,276
TOTAL FUNDS
577,592
581,276
These financial statements were approved by the members of the committee and authorised for issue
/0
2025 and are signed on their behalf by:
Andrew Lodge
Chairman
The notes on pages 8 to 13 form part ofthese financi•l statements.

THE FARNHAM INSTITufE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
ACCOUNTING POLICIES
Basis of accounting
The accounts {financial statements) have been prepared underthe historical costconvention with
items recognised at cost or transaction value unless Otherwise stated in the relevant notelsl to
these accounts. The financial statements have been prepared in accordance with the second
edition of the Charities Statement of Recomrnended Practice issued in 2019, the Financial
Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the
Charities Act 2011.
The Farnham Institute Charity meets the definition of a public benefrt entity as defined by FRS
102.
The trustees consider that there are no material uncertainties about the charitws ability to
continue as a going concern.
Fund5 Strurture
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of
the Trustees.
Restricted funds can be used at the discretion of the Trustees. See note 11 of the financial
statements for further details.
Income
All income is recognised once the charity has entitlement to the income, there is sufficient
certainty or receipt and so it is probable that the income will be received, and the amount of
income can be measured reliably.
Expendlture
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that Settlement will be required and
the amount of obligation can be measured reliably.
All expenditure is accounted for on an accruals basis, inclusive of irrecoverable VAT.
Fixed asset investments
Investments are initially recognised at their transaction value and subsequently measured at their
market value as at the balance sheet date using the closing quoted market price. The statement
of financial activities includes the net gains and losses arising on revaluation and disposals
throughout the year.
The Charity does not acquire or use put options. derivatives or other complex financial
instruments.

THE FARNHAM INSTITUTE CHARITY
NOTES TO THE FINANCIAL STATEMENT5
YEAR ENDED 30 SEPTEMBER 2024
ACCOUNTING POLICIES (contlnued)
Realised gains and losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains
and losses on investments (if any) are calculated as the difference between sales proceeds and
their opening carrying value ortheir purchase value if acquired subsequent to the first day of the
financial year. Unrealised gains and losses are calculated a5 the difference between the fair value
at the year end and their carrying value. Realised (if any) and unrealised investment gains and
losses are combined in the Statement of Financial Activities.
INCOME FROM CHARrrABLE AcfiviTIES
Total Funds Total Funds
2024
2023
Rents received
31,108
48,958
INCOME FROM INVESTMENTS
Total Fund5 Total Funds
2024
2023
Bank interest received
655
297
EXPENDITURE ON CHARITABLE AcnviTIES
2024
2023
Grants payable (see note 5 below)
Support costs (see note 5 below)
Governance costs (see note 6)
Property costs
88.584
1,855
1,500
26,538
1,597
1,365
10,412
91,939
39,912
ANALYSIS OF GRANTS
Grants to
institutions
Support cost
Total
Educational
Young people's services
Services to the older community
The Art5
Community events and projects
Sports and wellbeing
Total
11,059
7,640
51,249
1.970
8.612
8,054
309
309
310
309
309
309
11,368
7.949
51,559
2,279
8,921
8,363
88.584
1.855
90.439

THE FARNHAM INSTITUTE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
ANALYSIS OF GRANTS (continuedj
Analysis of educational grants
Total
Potters Gate School
Folly Hill Infant Academy
Weydon MAT
St Peters Primary School PTFA
Helen Arkell Dsylexia Charity
The Abbey School
Greenways Pre School
1,81M)
1,560
1,500
3,000
900
2.000
299
Total
11,059
Analysis of Young Peoples Services grants
Total
Home Start Waverley
1st Bourne Guides
Change of Scene
Disability Challengers
The Eikon Charity
40 Degreez
1,040
1,500
600
1.000
500
3,000
Total
Analysls of Services to the Older Community grants
Total
Wrecclesham over 60s
Farnham Assist
Phyllis Tuckwell Memorial Hospice
800
449
so,000
Total
51,249
Analysis of The Arts grants
Total
Creative Response Arts Ltd
Voices Together
New Ashgate Gallery
Lions Club of Farnham
520
650
500
300
Total
1.970
-io-

THE FARNHAM INSTITUTE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
ANALYSIS OF GRANTS Icontinuedj
Analysis of Community events and projert5 grants
Total
Hive Helpers
Hale Carnival Committee
Farnham Carnival
Weyside Rotary
Farnham Herald Archives - prior year pledge no longer required
Farnham Support Fund
Farnham in Bloom
Hale Community Centre
452
2.000
2.400
900
(1,0001
2,500
750
610
Total
8,612
Analysis of Sports and wellbelng grants
Total
Headway Surrey Head Injuries Association
The Woodlarks Centre
Surrey Drugs & Alcohol Card
Farnham Charity Bike Ride
The Hygiene Bank
Farnham Pilgrims Marathon
Parish of the Bourne PCC
500
2,400
1,304
1,000
600
1,500
750
Total
8.054
GOVERNANCE COSTS
2024
2023
Trustees expenses
Independent Examinerfs Fee
850
650
800
565
1,500
1,365
TRUSTEE REMUNERATION
No remuneration directly or indirectly out of the funds of the Charity was paid or was payable to
any Trustees or to any person or persons known to be connected with any of them.
Expenses totalling £85012023 - £8(Kl) were reimbursed to eight Trustees12023- eight).
RELATED PARTY TRANSAcfioNS
There were no related party transactions during the year (2023- nill.
li-

THE FARNHAM INSTITUTE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 SEPTEMBER 2024
FIXED ASSET INVESTMENTS
COIF Charities Investment Fund Accumulatlon Shares
2024
Market Value at l October
Gains/(losses1 on investment
444.819
56,492
Market Value at 30 September
501,311
Historical cost at 30 September
19,739
10. DEBTORS
2024
2023
Other debtors
11. CREDITORS: Amounts falling due wlthin one year
2024
2023
Other creditors
Accruals
10,245
9,313
10,608
18,612
19,558
29,220
12. ANALYSIS OF CHARITABLE FUNDS
ANALYSIS OF MOVEMENT IN UNRESTRicfED FUNDS
Balance at Incoming
l Oct 2023 resources Expenditure Transfers
Gains and
Balance at
105ses 30 Sept 2024
General Funds
581,276
31,763
(91,939)
56.492
577,592
ANALYSIS OF MOVEMEMf IN UNREsTricfED FUNDS- Previous year
Balance at Incoming
l Oct 2022 resources Expenditure
Gains and
Balance at
losses 30 Sept 2023
Transfers
General Funds
553,374
49,255
(39.912)
18.559
581.276
12-

THE FARNHAM INSTITUTE CHARJTY
NOTES TO THE FINANCIAL STATEMENT5
YEAR ENDED 30 SEPTEMBER 2024
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Funds
2024 Total
reserves
Investments
Cash at bank
Current assets
Current liabilities
501,311
95.839
501.311
95,839
119,558}
119,558)
577,592
577,592
ANALYSIS OF NET ASSEfs BETWEEN FUNDS - Previous year
Unrestricted
Funds
2023 Total
reserves
Investments
Cash at bank
Current assets
Current liabilities
444,819
165.677
444,819
165,677
(29,220}
129,220)
581,276
581,276
-13-