Charity registrdtion number.. 309240
THE EWELME EXHIBITION FOUNDATION
TRUSTEES. REPORT AND
UNAUDrrED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

The Ewelme Exhibition Foundation
Contents
Paye
Trustees. Report
Independent Examinerfs Report
ststement of Financlal Artivitie5
ststernent of Finanoal Position
Notes to the FIna￿la1 Statements
7-10
The followtng pages *Jo not fomi part of the Sts￿tory accounts..
Detailed Ststement of Floanc￿l Activrties
li

The ewelme Exhibition Foundatlon
Trustees. Report For The Year Ended 31 August 2025
The trustees present therr ￿port and the flnantial statements tsr the year en¢J*l 31 August 2025.
Objectlv•s and Artl¥lti•s
Aims and ObJertiTM
Objerts and artivities for th• public b•nefft
Undef the Trust Deed. the Endowment receives yearly Income from God's House In Ewelme at the discretion of the Trustees
of that Chartty. No funds are ￿L￿ed fri￿ the publK.
Awar41 m•kSng pollry
The Govemors pay grnnts and awards In accordance with the oblects of tt￿ Chor(ty
Athl•vements and P•rforni•nc
Maln Achlevem•Ats
The Governors are *orklng wlth an increasing number of young peop￿. and continue tr> develop awards and grdnts whlch
allow dlsadvantaged young people eXperie￿e the best aVaila￿e educational ¢)pportunlties.
FlTr4ntlal Revlew
Rn•n¢i•l Posltlon
The Ch&rity5 gr6nt for the pertod from God s H¢)use in Ewelme Is £225,000. The CharSty's lThterest irscome for the Peri￿ is
£1,944. After grants and awards paid of £261,465 and supwt costs of £37.816 there was a defiat for the period of
£72.33?.
Ra￿r¥•6 Pollcy
The Charity had uThres¢ricted reserves of £159.122 at 31st August 2025.
The Charity has adopted a documented reserves poliry valued at £145.000. consistin9 of necessary w0￿[n9 capitsl and
conknngencies fr¢m unforeseen events so that the Charity can continue to rerform choritsble objects.
It is planned 2025126 to reduo the vnre5triLtsd hjnds to reserves level by setting a deficit budget.
structu￿ Goveman¢• and M•nayem•nt
G?vernlng Do¢urnent
The Scheme allaws for 8 Govemors WF￿ are appointed to represent VariOU5 areas and interests that we setve.
Referen¢• arsd Admln•str•t5¥e OetaliÉ
Mr Keith Settle
Lady Sarah Backhouse
Dr Gail West
Mr Got*on Ross
M5 AdriennÈ Rosen
Ms Susan Koster
Mrs Susan Lyon5 (resigned 31108120251
Mrs Sarah Maine (resigned 04111120251
Ms Veronica Riley (appointed 03102120261
Mr Christopher Hirst {apptyinted 0310212026)
Page i

The Ewelme Exhibitlon Foundatlon
Trustees. Report (continued)
For The Year Ended 31 August 2025
Other Porsonnel
Dr M Andrews - Awards Manager
Ch•rTty Number
309240
Prlnclpaj Addr•s8
Cloister Cottage
Burrows Nill
Ewelrne
Oxfordshire
OXIO 6HR
Indop•ndert Examlner
Cara Chaptnan Chartered Accountant
Cara Chapman
Chartered Accountsnt
6 Wlngfield Close
Ewelme
Wallingford
OXIO 6]Y
Page 2

The Ewelme Exhibition Foundation
Trustees. Report (continued)
For The Year Ended 31 Au9USt 2025
Ststement ol Tru5tets' R•sponslbllfties
The trustees are responsible for preparing the Trusttts. Report and the financial statements in accordance wlth applicable 14
nd United Klngdom Accountin9 Stan(lard5 (United Kingdom Generdlly Actepted Atcountyng Pratticel.
The law applicable to charityes in Englan*J and Wale5 reqUi￿s the tnjstees to prepare financial statements for each financial
year which give a an¢Y fair view of the state tsf affairs of the charity and of the incoming resource5 and application of
resources of the charity for that period. In preparing the finanaal 5tstements the trustees a￿ reqUI￿d to..
Select suitable accounting ￿10￿5 then apply them consrstentjyi
observe the Meth(￿5 and prinriples in the Charity SORP-
make judgments and accounting esbmates that are reasonable aiKI prudent: and
prepare the financial starements on the 90ing concern basis wiless it is rnappropriate to prestI￿e that the charlty wlll
continue In business.
The trustee5 are responsible for keepiTr9 adequate accounting rEcord5 Which disdose with reas¢Jnable accuracy at anytime the
rinancial posit5on of the charity and to enable thwn to ensure that the acctsunts comply with the Charities Act 2011 the
Charities IActounrs and Reports) Regulation$ 2008 and the provlsiors of the trust deed. They are also responsible for
safeguarding the assets of the chanty and hence for tsknng reasonat4e steps for the prevention and detect10￿ of fraud and
other SrregularitJÈ5.
The trustees. report was appvvved by the board of trustees and signed on its behalf by:
Mr Ketth Sethe
Trustee
Date
Page 3

The Ewelme Exhibition Foundation
Independent Examiner's Report to the Trustees of The EWe[n￿ Exhibttion Foundatlon
For The Year Ended 31 August 2025
I report to the tr115tees on my examination of the accounts of The Ev4dme EXhIb￿0Th FouTh1ation (the Tr￿t) ftsr the year
ended 31 August 2025.
Re¥pon$5bÈlltl•s and Of R•port
As the charity trurtees of the Trust you are responsible for the preparntion of the accounts in accordan￿ with the
requirements of the Charities Art 2011 rthe Arti.
I t*port in respett of my examination ol the Trusvs accounts out under seLtbn 145 of the 2011 Att and in carrylng
out rny examination. I have followed the applicaiAe Directions given by the Chatrty Commission under sectlon 145{Sllbl of
the Att.
Indep•nd•nt EXa•nine￿5 Statement
I have completed my examination. I confim that no material rnatters have con* to my attentson in connectfon wtth the
examinatlon glving me cause to believe that in ally matertal re5pett.'
l. accounting rÈconY5 were not kept in respect of the Trust as required by section 130 of the Att: or
2. the accounts do n<>t accord with t￿se records- or
3. the accounts do not Comply with the appltcablé requirements concerning the form and contents of accounts set out in
the Charities (Accounts and Reports) Regulations 2008 other than any ra]uirement that the accounts give a 'tnJe and
falr view, which Is not a matter considered as part of èn indepefident examination.
I have no concems and have tome across no other matter5 in connectknn with the examination to which attention should be
drawn in thLs repc>rt in order tu enable a proper uThJer5tanding of the accounts to be reached.
Cora Chapman Chartered Accwntant
04106/2026
6 Wingfleld Close
Ewelme
Wallingford
OXIO 63Y
Page 4

The Ewelme Exhibition Foundation
Statement of Financial Artivities
For The Year Ended 31 August 2025
2025
2024
UnrestrtL*•d Unrestrict•d
funds
funds
INCOME AND EIIDOWIIEpifs FROM:
Charitable attivities-
Grants ft>r educational purposes
Investments
•teB
225.000
300.000
1,131
EXPENDrnIRE ON..
Charitable attivities-
Granrs for educatiwl purpose5
NET (EXPENDrruRE)/INCOME
226,944
301,131
1299,281}
1275,6741
{72.3371
25.457
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total fund5 brought forward
TOTAL FUNDS CARRIED FORWARD
{72,3371
25.457
231,459
206.002
li
159,122
231,459
The notes on pages 7 to 9 form part of these finanaal st3tements.
Page 5

The Ewelme Exhibltion Foundatlon
statement of Financial Positlon
As At 31 August 2025
2025
2024
Vnrestr5rted Total
funds
funds
CURRENT ASSETS
Debtors
Cash at bènk and hand
Notes
60
253.080
177,045
177,045
253,140
Cr•dltors: Amounts F•lllny Due ¥fithln Ye•r
io
117,923} 121.681)
NET CURRENT AssEfs (LZABfunES)
159.122
231,459
TOTAL ASSEfs LESS CURRENT LIABILMES
159,122
231.459
NET ASSETS
FUNDS OF THE CHARITY
Unrestncted Funds
159,122
231.459
TOTAL FUNDS
159,122
231,459
li
159,122
231.459
On behalf of the board
Mr Kelth Setde
Trustee
Date
16.6 Z
The notes on pages 7 to 9 form part of these finarKial statements.
Pa9e 6

The Ewelme Exhibltlon Foundation
Notes to the Financial Statements
For The Year Ended 31 August 2025
l. General Intorni•tlon
The Ewelme Exhibityon Foundation ￿ an unincorporated charity registered with the Cha￿ty Cotnmission, regIste￿￿ charity
number 309240. The prindpal addre$5 15 Clofster Cottage. Bvrrows Hill. Ewelme, Oxford5h¢re. OXIO 6H
2. AccountSn9 Poll¢i•s
2.1. Ba$ls of Preparatlon ot Fln•nd•l Ststements
The financial statements hève been prepared ill accordance with the Charities SORP (FRS 102) "AccoLtnung and
Reporung by Charitie5.' Statement of Recommended Practice applicable to charities preparing their accounts In
accordance with the Financial Reporting Standard applicatsle its the UK and RÈpublic of I￿land IFRS 102} leffective I
January 20191. Finandal Reporting Standard 102 Yhe Financbal Rew)rtww Standartj appllcable In the UK and Republlc
of Ireland" and the Charities Art 2011.
The tharlty is a Public Benefit Entity as defined by FRS 102.
2.2. Incomln9 Resourts5
All income ￿ recogn￿4 once the Charty has entittement to the Income, it ts probable that the income wlll be re￿IVed
and the amount of income recelv6ble can be measured reli?bty.
2.3. R*50urca* Expend
Grants asvards payable are included when the reclpient has a reasonable expectation that they will recetve a grant
or awar£1 and when any condifions attached to the graat are fulfil￿d.
•ndl
on
Liabilit1È5 are recagni%ed as expend￿Vre as soon as thÈre is a legal or con5trucbve obligation committlng thè Charity to
the expenditure. it is probable that a Srfuement will be required and the amount of the obligation can be measured
reliably.
All expenses, 5ndUd1r￿ support Costs and 9t>vema￿e costs, are alh)cated to the appllcable expenditure headlngs.
2.4. C•5h •nd Cash Equlv•l•nts
Cash and cash equivalents are basic financial assets and include cash In hand arKJ dep051ts hel¢J at call wSth banks,
other short-term highly IiquKJ investments Ihat mature In no more thall th￿ months from the date of acquisition and
are readily converknble to a known amount of cash wffh irLsrgnificaTrt risk of change in value. and bank overdrafts.
3. Investment IA¢om•
2025
2024
unre￿￿￿￿ Unrestrltt*d
fund•
Bank interest receivable
1.944
1.131
4. An•lysls ol Exptndoture
2025
Gr•nt
fvndin9 of
a¢tivltles
Support
(see note S)
Tot•1
Grants for educational purposes
261,465
37,816
299,281
Page 7

The Ewelme Exhibitlon Foundation
Notes to the Financial Ststements (continued)
For The Year Ended 31 August 2025
2024
Grant
fundlng ol
rtlvltl¢¥
Support
Isee note 51
Total
Grattts for educatlonal purposes
227.246
48.428
275,674
5. Support Costs
2025
Gronts for
•ducatlonal
purposes
Employee costs
General adm1nlsrra￿OD
24,186
13.630
37.816
2024
Grants for
educatlonal
purposes
Employee costs
General adminlrtTrtfon
Govemanee costs
20,371
23,957
4,100
48,428
6. Independ*nt Examlner's Re•nun•ratlon
2025
2024
Independent examlnatknn of the finandal ststÈments
1.540
7. Staff Costs
Staff costs were as follt>WS:
2025
2024
Wages and salaries
24,186
20,371
No employees received employee benefits leXdUdlr￿ empW pension costs) for the reporting period of more than £60,000.
8. Av¢rng¢ Number of Employees
Average number of employees during the year was.. l {2024- 11
Page 8

The Ewelme Exhibitlon Foundation
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2025
9. Oebtors
2025
2024
Du• wFthln one y￿r
Other debtors
60
10. Credltors: Amounts F•lllng Ou• Wlthln On• Year
2025
2024
Other creditors
Toxation and social securty
Accrua15 and deFer￿d income
Accruals for 9rants payable
2.433
233
431
1.825
15,667
4,252
14.763
17,923
21.681
11. Mov¢ment In Funds
Asati
S•ptember
2024
Income
Asat31
Exp•ndltUM August 2025
Unrestrirted funth
Generèl..
Generdl unrestricted fund
231.459
226.944
1299.281}
159,122
Total funds
231.459
226,944
{299,2811
159.122
Asati
September
2023
Incomt
Asat31
Exptndltur• Au9U5t 2024
Unrestr¥rted funds
Genetsl..
General unre5trfcted fund
206.002
301.131
(275,6741
231,459
r•)tal funds
206.002
301.13L
1275.6741
231.459
12. Transactl•n• v41th Trustees
None of the trustees received any remuneration or any other benefits from an em￿yrnent with the tha￿ty or a related entity
during the current or previous year.
No trustee expenses have been I￿Urred.
13. Rel•ted Party Dlsdosur•s
There have been no related party tsansactions in the rep)rting period that requ￿￿ dlsdOsu￿.
15. Conn¢tted Charitie
P4e9

The Ewelme Exhlbltion Foundatlon
Notes to the Financlal Statements (contlnued)
For The Year Ended 31 August 2025
God's House In Ewelrne provides the income of this Charity and that of the Ewelrne El￿￿eThtary Educatitinal Foundation. 7he
Governor5 conslder that these three Charitles are connected.
Page 10

The Ewelme Exhibition Foundatlon
Detalled Statement of Financial Activlties
For The Year Ended 31 August 2025
2025
Trtal
funds
2024
Total
fwids
IIICOME AND ENDOWMEi*fs FROM:
Charitable Artlvlties:
Grants for educational pwpos
From God's House in Ewelme
225.1)00
300,000
300.000
InvÈstm•nts
225.000
Bank interest recelwable
1,131
1.131
expENDITURE ON:
Charltable Activitl•s:
Grants for eduratlonal purpos•s
Grants made to schools and other organisatiors
Awards and grarTrts given to Individ￿1$
Wages and salaries
Trb5tee indernnty ir￿UranCe
Printyng. postage and sundry eypenses
Advertising and rnarketing costs
Independent eyamineffs f*$
Accountancy fees
Managemenr information System
Payroll fees
Audit fees
226,944
301,131
191.366)
1170.0991
124.1861
1759)
{8041
1282}
11,5401
{41,447)
{IB5,7991
120,371}
17191
{1,6831
{55)
1840}
{17.952)
{2,7081
14.100)
1275.6741
1275,6741
19,120)
11.125)
1299.281)
1299,281)
NEf (EXPENDITURE}IINC014E
172,337)
25,457
Page li