REGisfERED CHAArrY NLK41BEK' 526881 ReEM of iheTT.U5tee5.and Unautlited Flnanclai Statements for the Year Ended 31 2024 The Jarvi5 Educat[1 FOdatI)n Thjme Vgery ACCeun¢Y Lid Chortered Accountants 2 Wyevale Business Park Klr45 Ac Hereferd Hereford5hire friR4 7BS
The Jath5 EducatlDnal F0datk)n Contents of the Financlal Ststements for the Year Ended 31 De(ember2024 RerK)rt of the Trustee5 1 to 3 Indepdent Examlnefs Report statent tsf Financlal Actlvltles Notes to the Flnanc?al 5taiements 7 to 14 Detalled Sutementof Flnandal Acknyllles 15 to 16
RetKJrt ol the Trustees ber2024 The trustees wesen¢ thelr repDrt %th the financtal slatements of the thèrlty for the year ended 31 December 2024. The trustees have adopted the prowslons of A(cnting and Reporting by C[5. stsretnent of Recommended Practlce pplkabie to charliles preparfng their accounts In accordance vAth the Financlal RepJrtirfj starard appltcable Sn the UK and Repthlic of Ireland IFRS 1021 leflectlve l January 20191. The Ed11)11 Foundatlon Charlty has e¥olved from a charfty flr5t set up n8 the MLW left by Geor8e JatVi5 117W17931 to he) the F£•)r of B[edward1. Staunton.on-Wye and Letton. The chanty w48 started Sn 1803 W0dIn9 hEIp durln8 Illness, and f. heatlngj clothe5 and educatlon for the poor of the parishes. In 1852 the Charity Act allowed the Governors to wrchase land for the liding of elementary schools In three village$ and a0 a boar(lin8 school in staunton-ort-wye. well as rhe 5chorAs, two bioths of almthou5es were bullt In 185819 on land acqulred when plannlr4 thE Ixjlidlng ol rh¢ boardin8 xhool, 1904 the chartty was spllt into the Jarvls Educatlonal Foundatlon Charfty and the JaS Elewmsynary Chadty. The Ja5 Educ•tlonal FOU¥411 Charfty covered runnin8 all the SCI15 owned by the charfty and provlthng for the educatlon needs of the children In the v1114Et5 Includln8 apprentlceshfp5 and help wlth further educatlon. The local ttY tfy)k over the dty.to-day runnin8 of the SC1$ in 1920. In the 194trs the schwls ¢han8ed from elementary schoob to fjmary schools In accordance to t1 8eneral ¢hanRe of ¥htsoi struciure In the ¢wntry. The Staunton prlmary scltrjol was relocated to a new slte In the lIage and the old school w•$ 501d In 2015. When the schwts In Bredwardlne and In Letton were deemed by the i¢¢•l authorfty as no ion8er needed these were Id by the Chadtyand the rnoney Invested for the endo%fftent of the chaty. 0ECTIVEs AND ACTNir Objertlves Ind alms The obltctlve of tharlty ts to promote the educatl¢n of pers$ ur¥Jer the w of Z5 years are resldents In the Ctyjrsty of Hérefordshlre and who ar• In nted of flrtanclal a$8lstance IprefernrK• 8l¥en to penons vkno are resld•nt In the aréa of the parishe5 of Stauntcn.on-Wye, Bredwardlrte and Lettonl. The current a¢iirfty Is to 5UPPOrt the prfmary 5chcol in the vlllaBe of staUnt.0n. and to proylde irants to ywn8 people IA Fleref¢xdshfre wlth preferenre bdn8 glvln8 10 those In staUnrCffjTr.Wy. 8redwwdlne and Letton to further Ihelr ¢dat1. Funthni ¢n new school The tharty has trmrrfbuted the surn of E731,000 towird5 the cost of th new school. Tr cosi rf the rw xMol Con b seen In the tafjbie flxed a55et te. A further £60,(MJl was dcfflated ID the s¢lthl In 2020 toward5 the bldIn8 01 the new PlIC beneflt drnftlw thls rew(, the Governors have complled wlth the duty In Sectkn 4 of the Charttses kt zcu, to have d regard to wbllc kneIt guldwKe wbtlshed by the Chèrfty ComWcffl. ACHIEVEIIENT AND PERF¢JRMANCE The qovemors are commltted to malntalnlnq and sUPWtkn8 the SCI1 at staimt4n.0n.l. rin4 the year educath)Th support8rants have PaTd to 5 suc$S1U1 applicants Iz02J: 5 Irantsl. PINMCIAL REVIEW Flnantlal F10Th The results for the year show net expendlture. t*fore Wns11055es on InvesDneThts, of £19,1 12023: E29,1691. Nei a58ets amInted to £1,875.814 12013.. £1.817,6191. DIdend income Increased and the market valu¢ of Investments IrKrnased by 8.81%12023.. Increased 1.09%1. 4fter 8djustlTr4 for additlons and disp05ais. Prln¢yal sour PurkllD8 Is Sce4 from one rental pyoperty owned bythe Char5ty, 4JivkletMI income recetvgdon investments. Page 1
The J#M5 EdatIonaL Fwndat Rewjrtof theTru5tees for the Year Ended 31 DeceTts2024 FINANCIAL REVIEW Investfflent ptsllcy arKF obJectlve5 ITh the long term the aim Is to hold the pertnanent endow[rt entlrdy In a broad raThde of InTrts In order to pursue Fwndations oMgthaL alm of (li5pen5ing ethKaUonai and trainlThg Brants aTJ suppxUr4 StaWtOnn.e Prfm)ry School. At the balance sheet date.free re5eNef Yre £92,458 12023.. £96,198). The charity generally &wns to hold 5ufflcieAt Yree re5erYes" to enable it to meet expected expen¢JÈture ar¥J grant commltnients over the foreseeablefuture. Mate•[ fNvè5tmeDt [rin0 the year (tiswJsa15 reAted In woceed5 of £228.037 I3.. £160.5361 and 1rwestnt wrchases aUnted to £210.686I20Z3- (150,0321. The market W41ue of inyestwts Ired 8.81%12Q3: wea¥ed 1.C8%1 rfng theyear. FUTURE PLANS The tharty VAII contiNe to swrKJrt Staunton prfmary and iTrYMduals in need of flnanclal wpport by wty of edIat10naI grants. The charity Is aegot(atlng the acquiy•on ol land adjacent to Stsuntdn an Wye prfmary 5Ehool. The (and wEt used to Improvefathittes at school. Ru[atTOn scheme dated 21 September 1976. a5 amended ty stlEme dated 27 Septerrthr 2002. The board con51sts of to 10 Trustees: 3 N(lnatiVe ThJstee5 - 1 appjlnted by the Wyestde Par&1 Councll. 1 aptx)irted by stsi1)tth.1$tye Path Coundl. f aprle by Klnnersiey and ixswct Parfjh Coundl 6 Cowted Twstees, Each apwjinted for a tenn of 5 year5: I tfal Cler as ex.ofliao meynber. thp Recior of Paris1 of Staunton.on-Wye and Letton. Notes.. COpted TTU5tee5 are perple ytho thru4h re5ioknce. (Kciparith gr eMploymt, have 5pedal ThiedC of the area in vthich the parishes ITe. At end of th? year theye were 7 tru5tee5. Trustees are provlded th a copy of the Scheme Icon5tituttonlfjoverTrln8 (xumert: dated 21 5epternber 1976. amended by scherne dated 27 SeptembvT 20021. together with a map of propertles held. When appropriate, tly are taken towsrithe property hwsing the so%xl. Tntstee5 are encowaged to atteTrJ apwopriate cwrses. Or8anlsational structure F¢r quarterly ttEeknriq5 kre held each year. At flrst (thary meeyng in each year the TrleeS elect a chaimN for the year. The Chalrnwn is always eliglble for re-eiectton. If at any the Chairnn Is Dot present wfthin 10 mlnute5 of the appolnted tirre the TTU5tees present choose one of their number to be Chahmwi for the methn4. Aspeclal mwng n be siJmmor*d at arw time by the Chairman or any two TTU5tees vAth not ie5S than 4 day¥ notfjce bEing given to V other Trustees of the matters befn4 diSced. The special meetfng may take piKe irNnethately after an cf(lir meeilng. FoUrTrtee5 CODStiiute a qmm. Every matter Is deterni1 majtylty of tIEvoies of theTFLthes present and Vfig on the Eath Trustee has cme ¥rte. and Chairma) has a castiro vote. Page 2
s Ethcatl Fdati0Th RejOf tbe Trustees rEn srRUCfURE. GOVERNANCE AND MANAGEIIENT Related partiès The Jarvls £leen$ynary Chartty 15 a related charity. Detai15 of tran5acUon5 can In rLOte tothe acctyjnts. The Jarvis Edalloal Charity can apwlnt ip to 7 gOVerr of StawJton-oWye primary schLyA and cderS the sckn to be a related party. PfftRENCE AWD ANIlIATE DAs ReOsLered (rIty number 516881 Prln*al address FiiAtsham Court r)tiey Klng Herefordshlre R5 3RG Trustees R J Y(yrrne M Powell Sellar A Johnso S Williatn5 Rev P Harvey PArs AAndrew5 A ihven lappolnted 14.4.251 kndependent Examlner Thorne Widgery Accountaficy Ltd Chartered AcctyJntants 2 Wyevale Bu5ine55 Park King5 Acre Hereford Herefordshtre HR4 7BS Apwoved by order of the board ¢f tnrtee5 on................... . and $Ig[d on its behalf by. PaBe 3
In(krtndent Exam15 Report. to the Tnjstee5 of The Jarvi5 Educadth)al FwndaticTh Inndent examlnerf5 report to the truste+s of The JaT¥ls Educatlonal Foundrtlon I repwL trj thE cthty tee5 on my examination of the accovnts of The Jams £thJcational Foundati (the TrLLKtI for the year en(d 31 Decernber2024. Responslbllltles and 1sis of rwrt A% the thirtty trustees of the Trust >w are resp for the pwaratton Of the accnts in accordance wlth the reqrents of tt (haritie5 Act 2011 fthe hLfl. I repDrt kn resFect of rw exarnlnatkn) tsf the T¥u5t's accounts carried out under Section 145 of the Att and in carrying wt rny examlnatton I have followed all a[kable tlrections wven by the Charity CL¥I)mF5sion under Secrton 14515llbl of th dependent exarnTrrfs statement I have (ampleted my exarnlnatlrm). I conflm that rn matw1al rnatter5 have to my atntIon kn t170 examination 8ivin8 caitse to bEii2ve that ln any mari)I resrrt: 4w)unting recerd5 were not kept in res{t of Trust as reqthred bysethon 130 of tht kt", or the accwnts dc* not acthrd th)5e records; or the accounts do not ci>rnply with the applicable reqreMents ctrceming thE fonn and ccffjet of arcwnts set the Charitie5 Ikcowtts and Report51 Regulatlons ZCQ8 other than any requirement that gfve a true and fafr wewwhich Is not è rnatter considered ag part of an iWnt examination. I haye Th) and have come acrLSS m other TFwtters In cne¢t1)n the exaMi[tion atteThtfon thfxrtd drawn in this repcrt in order to enable a prwundwstanding of the accwnts to be reacw. l•rs Llsa Weaver FCC4 Thome Widgery AccLKmtancy Ltd Chartered ACJntaTrts Z Wyeyale BnESs Park KlTh4s Acre Hereford HerÈfordshSrè HR4 7B5 5181?:s......-..... Dats:....
The Jarri5 E£kKational Founda7 StatLThnent of FInalaLACtiWl7e5 for the Year Ended 31 tlecember Z024 31.12.24 31.12.23 Totsl fmds Urbrestrictsd Restricted fund Endowmert fuTh fund5 INCOME AND ENDOWMENTS FROM Other tradirq actl¥fjfie5 InveStrft 26,963 27,0 Tothi 27,049 27,083 27,146 iXPENDrruRE ON RaIn8 funds 5.198 Charltabie aetfvltlès Ethcation 25.587 23.528 49,115 49.968 To1 30,785 25,6 56,385 56,316 Net gain5 on inve5tThents 86.993 87,497 17,609 INCE1{EX9ENDTIIREl 13,7361 61,427 58,195 111.5611 RECONaLLATION OF FUNDS Total funds brought forward 131,194 9,918 1.676.507 1,817,619 1.829.180 TOTAL FUNDS CARWED FORWARD 127.45B 10.422 1.737.934 1,875.814 1,817.619 The notes fomi partof thesellnanciai statements Page 5
Thejaths EdtIOnal BaLae Sheet 31 December 2024 31.12.Z4 31.12.23 Notes XED ASSErs TaSble a55ets 606,139 622,261 Inve5ttnents 908.3 35Q.O 822,867 350,(XX) 10 1,864,529 1,795,128 CLIRRENT A55EF5 Debtors Cash at bank and In hand 5.578 9.8 21.129 15,43 26,435 cREDORs AtrKxJnts faUTng due thfjn cfeyear 12 14.1531 13,9441 ClRErASSETS 11,285 22,491 TOTAL ASSETS LESS CURRENT UABILITIES 1,875.814 1,817,619 ASSErs 1,875.814 1,817,619 FUNDS LlnTe5trKted funds Restricted fldS E•thVmt fd$ 14 127,4 10,422 1,737.934 131.194 9,918 1.676,507 TOTAL FUNDS 1.875.814 1,8t7,619 The flnancial 51atetrts were approved by the 8wd of TtU5tee5 and authori%ed fDT iswe .. aThd were SId its tehalf by: R J skyrTh. Tnjstse s fcTh wiof these flwclal 51atements Page 6
TheJaMs E 4l&)rfF¢yJati0n Notes to the Financial Staternents for the Year Ended 31 tknmber 2024 AccouKnNG POLICS Basls of preparin4 the finèrKlal statements The flnanclal statements of the (harity. thKh Is 8 wbllc knefit entity under FRS 102, have kten prep4reol ID accordance Charfiie5 SORP IFRS 1021'Accwnting and Reporting by Charities: Statement of Recone Practice applfcable to thtriti@5 preparing thefr acc(thts in ac¢ordarKe with the Fitwncial RwJrfrtg Standord appllcable the UK and Repthllc of Ireland IFR5 1021 leffective 1 Jarwjary 20391,. Flnawal Rekx)rtin8 Standard 102 The Financial ReFQrtI8 Standard 4¥licable in the UK and Rewmlc of IreLarKf 4n¢J the Charities Act 2011. The flk)anthal statements have been prepared under the l)istorical c05t conventicfj. vrith the exceptiun of investments which are included ai markt Value, a5 modified by the revalltatton of rtaIn a$5ets. Gotn8 cern The trusteei a5se55 ether the use of golng tontern 15 apprriate i.e. whether there ar2 any material ncertaintles related to Èvehts or conditicfth thai may cast si8nifiEant <)ubl on ability of the company t continue as a concern. The tte&S make thT5 asse55Tnent in of a of at tea5t year frL¥n the date of authoristiiion iswe of the fi"nandal statsments and have Concl that the company Iw adequate resources to ¢ontinue in operatlonal exlstence for the foreseeaile fvtwe afid there are no material uTKertainties aLout the charitys ability to coDtlnue as a goiw concem. t$ they condnue to adopt the going concern basls of accountTng in preparing the financial ststements. Income All irKome 15 reco4nised in Statement of FmarKial ACVItIeS the thartty has entitiernent to the fun¢ts. It ts probable tlkitthe sncomewiu be recelved LAd thÈ atllountn be measured reliably. ExpeTrdltyre Llabilftles are rKoBni5ed a5 expenditure as SODn as Ihere Is a legal or constructive cbllgatkn comtnlltin¥ the harity to that expenditure. it 15 probable that a transfer of Ècortomlc benefits will be rewired In $tLement the amount of the obiigatlon be rneasured rellabty. EXpertdltU is a¢tounted on an basls and ha5 been classified under heaolngs that aqgregate all cost rekted th the category. Where costs cznTrJt be directly attribJted to particular heath"Ts8s they have been èll(Kated to oct5tieS cffj a ba$ consistent wtth the use of The costof repairs aThJ maintenance is ch4rge5 a8ain5t the i¢rE and expendliure actujftt 49irKwred. Grants offered wbject to condi0% thich have teen met at the year end date are rmrted as a carnmltwnt bji not accrued as ÈxwKlitwe. Flxed assets DÈprÈcladon is prtivNJed at the frknwtng 3nrKl rnt¢5 in or(r to lte off e asset over its estknated usef life. Stauntrffi.on.We Prunary School Stratght Ilne over 50 yeaT5 In accordantr %ith relevant acCoting legislation, the investrnent PrreS whlch ujmprise land and (ding5 owned by the charity are not subleci kn any depreciation charge and are 5ho%n at the governors marktt VILi¢ In the accthmts. Inve5twLt woperty Investhnt woperti ¥e valued every 5 w based () ther fairval. TaxatK The tharity 15 exempt from tax fts tharitable artivilie5. Fund accwiting The threstritted fvrKI 15 maintalned fcf the day-toQay rth)nlAg ot the charity. Page 7 coniiwe<J...
The Jaths Educatknat F¢dallon Note5 to the nnantiai S¢atwnents- continued fry the Year Ended 31 December 2024 ACCOUNTING POUaES. ¢onUnwd Fund accountlni The re5tdcted fund Is heid for the purpose of fuTtrJlrq rnalor repalr work. The enlknwnent fund conststs of Stat4)n.lIe School togetherth 4)ther land, bullthn8s and Investments. Flx•d 455et Investments Investments are stated at Tharkrf ¥41up 45 at thE balance sheet date. The st•temeDi of flnoncial actlvlitss Include5 the net galns and losses ar15ir4 revaiuatloA ano d¥sp05a15 thrwthwt the year. Galn$ and ioJs•s All 8aln5 and 105ses are taken tD Statement of Flnanclal Actlyltfes as thty arfse. Rea115ed galns &nd tosses f Investments )r¢ calculated a5 the thfference sthle5 proceeds and opes)In8 market value Ipurchase date If iaterl. Unreallsed 8alns and losses are calculated as the dlllÈrence bètween the market value at the year end and OFenln8 market Yèlue lor wrchase date If later). Rea115ed and unreallsed qa11 are Thjt S¢rated In the Statemert ol FfjnJtKl8l ActItIes. thbtors Trade ¥And other debtorn are recwlsed at settlement amejjnt due after •ny tradè dSs¢tyrt offered. Prepaymtnts art v4luEd al the arThJunt prepald net of any trade ¢Jts¢tyJnts d. Cajh at bank and In h4nd Ch at bank and cash In n& Inclthles Cash and Short term hl8hly I1W Investments th i short miwrfty of three th$ or les5 from the date of •cqulsltlth or openln8 of the deposlt or 51mllar account. Cr•dltor5 and Pro$10n1 Credir$ and prLM51on5 are reco8nised where thE chodty ha5 a present obllgatlon resultlni from a past event tt will probLY result In thE transfer of funds to a thtrd party and tl amrAJnt due to settit the obll4atlon can be measured cf estlm4ted rellibly. Credltor5 and ffjsloM are vJrm4Uy wlsed at thelr settlement amourt after aliowln8 for any tradt d13COi4lts dut. OThER TRADI AcrtVmES 31.12.24 Totsl lund5 31.12.23 Total funds Unrestrfcttd funds Restrlcted En(SJ¥ment fu1 Wayleave IlWE5TNT INCOME 31.12.24 Total funds 31.12.Z3 Total Lknrestrfcted fund5 Restd¢ted funds Endtymnent funds Rents recelved dend InCe DE511 accounl iTrt 8,no 18.243 8,720 18,243 8.630 18,403 27 26.963 Z6,gY7 27.060 conUntted...
The EthKatknal Foundation t4)tes tt thè Financial Staternents- centtn for the Year Etsn fj. 31.fowt%r 2024 GRANTS PAYABLE 31.12.24 31.12.23 EducatTon 22.690 23,750 The totsl &Trnts pafd to titUti( during the YearV a5 fvIiow5: 31.12.24 31.12.23 Stawton.on.Wye school stat0.0n.wye Warmermrtal 15,65 18.800 16.69D 18.8LKI INDEPENDEiif EXAWNERS FEES Fees payable fer lThJependent exarniThatioTh fees amount to £2,895 for 2024 and U.754 for2023. TRUSTEES. REMUNERATION AND BENEFrrs There were no tru5tees' rem0 or other benefits fw the year ended 31 Detrmtrr 2024 for the year ended 31 Detemtrtr 2023. There werè no trustees. expww paid fo¥ the year 31 tsecember 2024 rLor for year ended 31 DecemÈer 2023. COMPAKITIVES FOR ThE STATE1Av OF FlAL AcfiviTES ljnfestrtcted *)d lie51acted Endowmwi fund fvnd Total fUS INCOK AND ENDQWMENTS FROM Other trading actlvttie$ Investrnent iDcoTne 86 27,034 26 27.C Totsl 27.120 26 Z7.146 EKPENDTWURE ON Ralslng funtlE 4,426 1,922 Charftable aciMII¢s Educatl 26,502 49.968 Total 30,928 25,386 56.316 Net 8aiThs on Investm 16,517 17,609 NEf INCOlaVIL¥PENDmlREI 13,8081 1,092 18.8451 Pzge 9 coniinued...
The Jarvi5 EdLKattrJna( Ftyjrthtic Mote5 to the FlnarKial Statem&)ts. continued f¢)r the Year Ended 31 December2024 co11PARATE$ FCftTHE STATEMENT OF FINANcIALACTNIES. ¢(vrtlrwed Uwe5tricted fund Totsl fund5 RECOTKILIATh)N OF FiINDS Totsi fwd5 brthryhtfotward 135.2 8.826 1,685.352 I,29.180 TOTAL FUNOS CARRIED FORWARD 131,794 9,918 1,676,507 1,817,619 TAIIGIBLE FIXED ASSErs Stathllonm- Prfmary COST At t january14 and 31 December 2024 806,125 DEPRECIATIC*I At 1 JaNary 2024 Charge foryear 183.864 16,122 At 31 December 2024 199,986 BOOKVALUE At 31 December 2024 606,139 At 31 Decernber 2trL3 622,261 31.12.24 31.12.23 Shares Other 860,154 48,236 790.511 32,356 908,390 822,867 Page 10 ccffltinued...
The Jarvls Notes to the Fln4noal Statements- coniinued for the Year Ended 31 Deterrthr2Q24 Ad(lit¥)nal irjforrnatlon a% fflknvs: Listed liARKvALuE At 1 January 2024 Addition5 tXsrx)sals Rev&luatl(¥)$ 790.511 210,686 P21,8551 80.812 At 31 December24 860,154 NET BOOKVALUE At 31 Detrmber 2024 BÉl).154 At 31 tlecember Z023 790,511 The matt value of investmt$ can be analysed Heid in UK 08,936 12023- C212.3281 Heid eutside UK £657.Z18 IZ023- £578,183) Ccrt orvaluatiw at 31 December 2D24 is represented by= Listed stments Vaiuatlon 1¢) 2024 860,154 Investrnents Ine?ther Ilsted Th)r unltstedl e a5 follows.. 31.12.24 31.12.23 Br&Th Dolph5n capFtal accJJnt COIF Charities dwlt fund COIF Accumulation Llnlts 37,132 682 10,422 21.Th1 649 9.917 48,236 32,356 C(11Aved...
The Jarvts Edwatknnat Fwndatlon ote5 to the Financial Statements- contlTh*d fgr the Year Ended 31 December 2024 io. INVESTME PROPERTY FAIRVALUE At 1 J4wary 20Z4 and 31 Decemter 2024 350.iIXI Nrf BOOK VALUE At 31 DÈC&ber2ffl4 350,0 At 31 December 2023 350,0(h) The Ch House was value by M£Cartneys In rte 20Z3 at E350,(J)O, the trustee¥ coThstder the cuNent valuatlon falrvalue of the wOnY. A revakntioft is tarried sjrtevery 5 years, the nex vaiuatlon ts for theyear ended 31st tknber ZOZ6. Fair value at 31 Decernber 2024 is JEpresenied by.. ValuatiW Tn 2024 350,IYII 11. DEBTORS: Aiioijiirs FALUNG WE wmiim ONE YEAR 31.12.24 31.12.23 Prepaymwts 5,578 5,306 12. CREDITORS: WLINTS FALLING WEWITrIN ONE YEAR 31.12.24 31.12.23 Othercredi1ry5 no 3.433 4.153 13. JIALY51S NEfA55ETS BWIIEEN FUNDS 31.12.24 Total ful5 31.12.23 Total fLnds Unrestsfjcted Re5trKted Endowment fund fund fijnd FixÈd Jsgets nvestments 606,139 1,212.969 180.6361 15381 6NJ.139 1,258,390 15,438 14.1531 622,261 1,172,867 26,435 13,9441 35.L 96.073 13,6151 10,421 Current liabilitie5 127.458 10,42Z 1,737,9M 1,875,814 1,817.619 Page IZ ccffltinued...
The Jaths Educltlonai Founoafjon NDte5 to the Flnandal Siatement5. conliNed ty__¥sr.Ended 31_DecembEr 1024 14. MOVEMENf IN FUNDS nThement IN lunds At 31.1Z.24 At1.1.Z4 Unr•stricl•d fund5 G•)erJl tut) 131,194 13,7361 127,458 Rs¢rl¢ted funds RestrfCd fund 9,918 10.422 Endowment fun Endowment lund 1,676,507 61.427 1,737,934 TOTAL FUNDS 1,B17,619 58,195 1,875,814 Net In Iw)th. Incl Irb the akne are as fdlo%s7.' In¢ominR resources Resources Gllos and lknement expended In funds Unr•strlrted fundJ Gweral fund 27.049 130,7851 13,7361 Restrtct•d funth Restdcted fund Étthwtmnl funds ETthrrrtt 125,6Lfll 86,993 61,427 TOTAL FUNDS 27,083 156,3851 87,497 58,195 Crynparatlv•5f4X movem•nt In funds t4ei nM)vement In funts At 31.12.23 At1.1.23 UnrestrfEtqd furuls General fund 135,fX)2 13.8081 131.194 Restrl¢ted Re5trtcted 8.826 1,092 9.918 Endowm*tt funds Endofftnt fund 1.685,352 18,8451 1,676,507 TOTAL FUNDS 1.829.180 111,5611 1,817,619
The JatVi5 EdUCatN)I F(XJEthtioD Fknte5 to the Financial SkteNnts- Contin f¢rthe Year Ended 31 Decernr 224 MOVEIAENT IN FUNDS. £ontlnued Cffiiparative net myement In ftjnds, lded in the ab are as follth¥s: Incoming Gains and Ilveent fn fund5 Unrestrtcted funds General fund 27,120 130,9281 R•strict¢dfund5 Restlfjtt fth Enthwmentfund5 EndowTrEnt fund 26 125.38BI 16,517 18.8451 TOTAL FUNDS 27,146 156.316 17,61YJ Restricted F5 The fund ts held as a major repair5 reseTht for the proptss 8bx1 co1$1ed of the acoJmLiatlon shares held in the Charittes IYfi"cial knve5trnent Fd. The endowment tund conststsof staunts)n.Wye soi, other land and bulldlngs d inve5trnents. 15. RELATED PARTY DISCLOSUIIES At the year end The J$ Educa(1•l FourLdaticn uwed £no 12023: £noi io The Jarri5 Eleemosynary Chat1ty. The Jaryb Edutatf¢¢)al Foundation and The Elewftwwry Charltyshare comTrth Tnthes. Trtee. N Seiiar, is also the chair of.govemor's of StaWtonL-wye Prirnary 5d)ool. During the year the charfty made donatlorY5 totalling £15.69012023.. £78.3LK)I to StsthtQn4.Wye Primary SchooL Page f4