THE FOUNDATION OF JOANNA SCOTh AND OTHERS
ACCOUNTS
Year onded 31st MARCH 2025
Charlty Registration No. 311253

THE FOUNDATION OF JOANNA SCOTT AND OTHERS
ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025
INDEX
Page
Independent examlner8 report
Balanc8 6heot
Recelpts and Payments
Notes

THE FOUNDATION OF JOANNA SCOTT AND OTHERS
ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025
INDEX
Page
Independent examlnors report
Balance 8he8t
Recelpts and Paymonts
Notes

DEPENDENT EXAMINER'S REPO
THE
RUSTEES OF
THE FOUNDAT
ANNA SCOTT AND OTHERS
FOR THE YEAR ENDED 31st MARCH 2025
I report on Ihe accounts of the Trust for Ihe year ended 31st Marth 2025.
which are set out on pages 2 and 3.
Respectlvg re8pon$lbllllle8 of tru8tee8 and oxamlnor
The CharlV8 Tru$tee8 are responsible for the preparatlon of the accwnts.
You consldèr that an audll Is not required for this year, (under 8ectlon 144(2) of the
Charilies Act 2011 (the Act).
It Is my responsibilty to state. on the bas18 of procedures specified bn th8 general direction8 given
by the Charity Commlssloners under Se¢tlon 145(5)(b) of th8 A¢t. and stale whether partlcular
matters have come to my attentlon.
Basls of Independent examlnerf8 fjtatsment
My examlnatlon was Ca￿led out In accordance vAth Ihe general dlr8ctions given by the Charlty
Commissioners. An examlnatlon Includes a revlew of Ihe arxounling records kept by the Charlty
and 8 comp8rlson of the accounts presented with Ihose records. It 81s0 Includes con8k18ratlon of
any unusual Items or dlsclo8ures In the account8. and seeking explanallons from Iho tru6ts06
concerning any 8uch matter8. The procedures undertaken do noi provldo all the 8vldence that would
be requlred In an audlt, and con5equenty I do not exp￿$$ an audtt oplnlon on th8 accounts.
Indopendent ex•mlneV8 •talfjment
In the course of my examlnatlon. no matter has come to my attentlon..
(l) whlch olves me reasonable ¢8u8e to belbeve that kn any materlal respect the trustees
have not met Ihe requirement8 to ensur8 tha1:
<1) proper accounting records are kept (In accordance wlth Section 130 of the Act). and
(ill Pfep8fe a¢￿}unt8 whlch 8¢cord wllh the accounling rer)Jrds and comply wllh th
a¢￿untIng requlrements of the Act; OT
(2) to whlch. In my oplnkon, attentlon shoukl be drawn In order to enable a PToper
under8tandlng of the aLThunts to be reached.
C H PHILLIPS
INDEPENDENT EXAMINER
hoc
r 2025
PAGE 1

THE FOUNDATION OF JOANNA SCOTT AND OTHERS
BALANCE SHEET AS AT 318I MARCH 2025
2025
2024
INVESTMENTS at market valuo
Endownment portfolio
Charities Propety fund
Reserve investment COIF Income units
3,037,049
44,930
60,350
3,215,899
43,964
63,299
Total investments
3,142.329
3,323,182
CURRENT ASSETS
Cash at bank, COIF and in hand
122.146
87,801
NET CURRENT ASSETS
3,264,475
3,410,963
FUNDS
Permanent Endowment Funds
General Fund
3,083,359
181,116
3,262,209
148,754
3,284,475
3,410,963
The accounts were approved by the trustees on:_ Date
and signed on their behalf by
Tru8teo
PAGE 2

THE FOUNDATION OF JOANNA SCOTT AND OTHERS
RECEIPTS and PAYMENTS
FOR THE YEAR ENDED 31st MARCH 2025
2025
2024
INCOME
Dividends and Interest
Interest
Grants returned l Not taken
Grants received
83,242
77,534
175
17
Total Incomlng resourc88
83,242
77,726
EXPENDITURE
Grants for Individuals including uniforms
Grants for Out of school activities and Trips
Grants for Organisations
Other Grants
Administration
19,343
18,254
500
1.000
9,800
11,254
17,093
1,000
8,449
Total resourc98 expendod
48,897
37,796
Excess of incomel(expenses) over expenditure
34,345
39,930
RECONCILIATI
NC
E and EXPENDITURE
2025
2024
Current account at Cater Allen
122,801
89,885
Less Transfer from Charity Property Fund
Less unpresented cheques
440
122,361
2,084
87,801
COIF deposit
Cash in hand
3110312025
122,361
87,801
Cash in hand
3110312024
87.801
47,871
Increase l (deuease) in cash over the year
34.560
39,930
Amount of Income l (Expenditure) in excess
34,345
39,930
PAGE 3

THE FOUNDATION OF JOANNA SCOTT AND OTHERS
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2025
Income is counted when it is received.
Expenditure is counted when the cheque is drawn.
Loans to beneficiaries are a￿ayS paid from income, so are counted as
payments when made and repayments as receipts.
During the year the Trust made changes to its Investment portfolio by
selling and purchasing shares as recommended by its financial advisers.
The investments have been valued at 31st March 2025 as follows :_
Endownment Portfolio - Barrett & Cooke
£ 3,037,049
Charities Property Fund
44,930
COIF Income Units
60,350
PAGE 4