REGISTERED CHARrrY NUMBER: SC011232 for the Year Ended 31 March 202 for The Whltehill School S orts Trnst
The Wliiteliill School S orl) Ti-u&t Page Report of the Trustees Independent Examlner's Reporl Statemenl of Flnand#l Actlvitles BAlan¢e Sheet NDtes to the Flnlnclal Stgtements Detilled Stalement of Flnanelal Actlvltles 15
Tlie Wliltehill School S r(% Trust rt of the Trvstte.% nded 31 Nlarch The tNst¢¢s pres¢nl their report with the financial statements of the charity for the year ended 31 March 2025. The ttustccs have adopted th¢ provisions of Accounting and Reporting by Chariti¢s- Statemenl of Recommended Practice applicable to charities preparing thcir account5 iii accordanc¢ with tlie FinanLial Reporting Standard applicable in the UK and Rcpublic of Ireland {FRS 102) (cffective l January 2Q19). OBJECTIVES AND ACTIVITIES Objectives and alms Thc objectives of thc Trusl are to advancc th¢ pliysical cducation of pupils, staff and forni¢r pupils of Whitehill Secondary School through the disbursem¢nt of grants or loans to bcncficiaries to enable Ihcm to participate in sports and sports ¢du¢ation in 8cotland and outwith Scotland which participalion nn01 be fuiided otherwis¢ by th¢ applicant. Th¢ obje¢ls of the Trust have not changed during the year under review. Publlc benefit The Trust meets th¢ d¢tinition of a public benefit entity under FRS 102. Vtslunteers In the yLar undcr review, thc Trust has made limited usc of volunteers. In accordanc¢ with FRS 102 and thc Charities S()RP (FR% 1112), the ecoiiomic Lonlribution ot'gLn¢ral volunteers is nol rLcognisL.d in Ilie financial 5tatcm¢nts, ACHIEVEMENTS AND PF.RFORMANCE Charlt2blt i¢tlvltles Thc Trust is pleasLd to continue to assist pupils, staff and former pupils of Whitehill secondary S¢hool. During Ihe ycar. Ilic TNst issued grants lo Wliitehill Secondary SLhool in resp¢Lt of various sports. relalLd projL'Ll% for individuals and groups which hav¥ b¥¢n used advancc thcir physical education in acLordanc¢ with Ihe Trusts sLqted objectivcs. FIIYANCIAL REVIEW Flnanclal posltlun Annual Revlew of Actlvltles ThL financial statemeIits' shvw th¥ vvirall position of IhL Trust as ai 31 Mar¢h 2025, ils. incorning rcsourccs and the Ipplication ot. these rLsi)urLc¥ for tlic year elided Ihat dalc. During thc y¢ar und¢r rcvi¢w, thc Trust rccciv¢d total inromc from invcstmcnts of £42,841 (2024 - £36,140). Total cxpcnditure in thc ycar amountcd to £208,661 (21)?4 - £167.268), Lomprising7 of support cosib. OF £6.73712024 £3,797). poitfolio maniigement costs of £9,9914 (2024 - £1).813) ¢ind syrants paid to institutionts of L191,926 (2024 £153,658). Thi support ¢osl overh¢ads arc allocaled IOOU/o to Lharitsble activilios. TdkinbF the abovc into aL¢ounl. the Tni%t had nct expenditurL' as at 31 March 2025 of £158,855 aftcr realised gains on investments of £6,965 {2024 - net expenditurc of £144.295 aftL'r rcaliscd losses on inv¢stm¢nts' of £13.167). AftLr net unrLalisLd gains ok'£19,537 (2024 - gains of £69,766) on investmLnt, tli¢ ¥harity recorded a108s for thc ycar of £139,318 (2U24 - £74.52Y). Thc dcficit has been taken to reserves. The Trustees are liatisfied witli the performance for the yvar under review and consider that the objectives outlined above Lonlinue to be met. Prlnelpal fundlng $ourees The TnL8t's work is entirely reliant un income and investment returns from its sl]are portfolios. The overall markct valuc of the Trust'4 two shai'c portfolios decreased from L 1,1 gIU.248 in 2024 to £1,097,354 in 2025. i unrealiscd gain of £19,537 occurred on thc inv¢stm¢ni portfolios in the year (2024 - £64).766). Pagc I
The Whlielilll School S ort% Trust ort of the Trustees the YeRr Ended 31 March 2 FINANCIAL REVIEW Reserves pollcy The Trn&>t has consider¢d the reserves rrquir¢d and has taken into accouni current and future liabilities. The TnL8te¢s aim to maintain reseives in unrcsts'icted ndS al a level which ¢quat¢s to approximately three monihs of unrestricled charitabl¢ expendithre. Th¢ Trust¢cs coiisidcr that this level will providL suffici¢nt funds lo respond lo appli¢aiions for grants and ensure that ¢osts of raising funds, support and gov¢rnanLL Losls are met. The Trust's total reservcs as at .31 March 2025 are £1,213,179 (2024 - £1,352,497). £1,097,354 (2024 - £1.190,248) of the total rcscrves ar¢ inv¢sted in the stock market, with £1.088,577 bcing clasKd as listcd inveslmLnts and £8,777 of this being cash and cash equival¢nts. Th¢ Trust has nct current liabiliti¢s of £34,175 as at 31 March 2025 {2024 - net current assets of £12,249). STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document Thc charity is controlled by its gov¢rning documenL a deed of trust and constitutes an unincorporat¢d charity. Recruilment #nd Appthlntment of new trustees The TrnstCL% shall be L'ntitlcd, by way of a rcsolution passcd by majority vofr at a m¢Lting of the TrustL'¢s, to appuint any individiial as a Truslcc and to Co-opt UP lo 2 additional TrteeS to contribute to th¢ management and Lonlrol of th¢ Trust, provided that the totsl number of Trnstccs shall not ¢xcLcd l O. The Trustees %hall havL thL P()wer lo remov¢ any individu¢il a5 a Trusl¢c, by way of a rcsulution pai>sed al a mceting of thL Trustees by a majority of thrL¢ quarters of thL Tru8tees thLn in office. An individual holding office as a Trustcc rnay rclir¢ by giving notice in writing to that effeci to thc secretary to IhL. Tnist. OrEanlsatlonal Structure The number vf Trusl¢¢b t*hall not be less than 6, nor morc than 10. of vA)ich one of thcir nurnber will bc the Head T¥aLh¢r of Whit¢hill Sbhool. ex olL10. and a furthcr 2 TrUStL'L will b¢ membcrs of staff of Whitihill school. appointed by Ihc Head TLa¢li¥i', and a minimum of 3 Trusl¥¢s will bc tormLr pupils. Key management remuneratlon The Trusle¢s do not considcr any one individual to btt kiy manag¢mLnl, and no rernun¢rativn was paid to any party during both Ihc ycar undcr rcvicw and th¢ prior year. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charlty number SCOl1232 Prlnclpql address Flat 111 40 Hilton Gardens Glasgow G13 IDB I'rustees Page 2
The Whltehill SchoDI ort of the Trllsteey Year F.nded 31 Marc REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Gill¢spi¢ & Anderson Chart¢rcd Accountants 147 Rath Str¢¢l Glasgow G2 4SN STATEMENT OF TRUSTEES, RESPONSIBILITIES Thc tNstccs are responsible for prcparing thc Report of the Trustees and thc financial statements in accordance with applicable law and Unitcd Kingdom Accounting Standards (United Kingdom Gcncrally Acccplcd Acrounling Practicc). Charity law rcquires Ihc trustces to prepare financial slatemcnts for each finanLial year. Under that law, th¢ truslc¢s havc ¢lccted to prepare Ihc financial statements in accordance with United Kingdom G¢nerally Accepted Accounting Pra¢ti¢¢ (United Kingdorn Accounting Standards and applicablc law). Under charlty law the trustccs rnit not approvc thc financial stat¢ments unless they are satisfied that th¢y give a Iruc and fair view ot" the statL of afTairs of the charity and of thc incoming rcsourL'e>a and application of r¢sour¢es, including the income and cxpcnditure, of th¢ Charity for that pLriod. In preparing ihose financial slaiL'mLnts, the truste¢s ar¢ required 10 select suiiablc accounting policics and then apply thcm consislently. observe the mcthods and principlcs in the Charitics SORP; makL' jud¥ements and cstimales that ar¢ n'asonable and prudenL prepare the finan¢ial stai¢m¢nLs on thu going conL¢rn basis unless it is inappropriate to prLurne that the charity will ontinu¢ in but•illcbb. The ttC¢S ar¢ r¢sponsiblL for keeping prop¥r aLwunting rL'Lords' which dis¥lvs¥" with r¢ationablc accuracy at any tim¢ thL fiiiancial position of th¢ charity and lo Lnable them to ¥nsur¢ thal ih¥ finanLial slalemenls ¢vmply with the Charitics and TrusiLL Inv¢stment (Scotland) Aci 2005 and Tl)¢ Charili¥s ALLount5 {SL"olland) R¢guldtions 2006 (as amended). Th¥y alsv rLbponbibl¥ for safeguarding thc assers of Il)¢ chai-ity and h¢iicL fur tdking reasonabl¥ titupb for Ihe prevcntion and d¢t¢¢lic)n of fraud and othLr irrcgularities. tlpproved by ordLr of tlie b(yard vf trnstees on I l D¢¢cmber 2025 and signed on ils bchalf by: Pagc 3
Inde endent F,xaniiner's R or¢ to the Trnstees or Th¢ Wlil¢eknlll School S ort5 Trust I repon on the accounL8 for th¢ year ended 31 March 2025 set out on pages five lo fourteen. Respectlve responslbllltles of trustees examiner Thc Lharity's trust¢¢s are responsible for Ihe preparation of ihe accounts in accordance with the terms of the Charities and Trus¢ Invcsitn¢nl (.8coiland) Act 2005 and thc Charities Accounts (Scotland) Rcgulations 2006 (a8 arn¢nd¢d). The charity's trustces consider that the audit requircmcnt of Rela[10n l O( l )(a) to 1¢) of the Accounts Rcgulations does not apply. It is my responsibility to examine thc aLcounls as requir¢d under s110 44(1)(c) of th¢ Act and to sthte whether particular maltcrs hav¢ com¢ to my attention. Basls of the independellt tiamlner'$ report My ¢xamination was carricd out in accordance with Regulation I l of the Cliarilies Accounts (Scotland) Rcgulations 2006. An examination includes a rcview of th¢ accounting rccords kept by th¢ charity and a comparison of thc arcounts pr¢sented with thosc rccords. It a180 includes considcration of any unusual ilenis or disclosur¢s in th¢ accounts, and secking explanations from you as tnlccS con¢¢ming any such matlcrs. Thc pro¢edur¢s undcrtaken do not providc all the idenCe that would be required in an audit, and cons¢qu¢ntly I do not cxpress an audit opinion on the vicw given by th¢ ac¢ounts. Independent examlner's statentrnt In connection with my ¢xaminalion, no matter has com¢ to rny attention { l ) which 8iv¢s me reasonable cause to believe thal in any material respect, the r¢quir¢ments to keep accounting records in accordance with S¢ction 44{1){a) of thc 2005 A¢t and Rcgulation 4 of the 2006 Accounts ReIlatIons. and to prL'pare accounts. which accord with the accounting rccords and to comply with Regulation X of thc 2006 Accounis Regulations have not bccn mct. or (2) to which. in my opinion, attention yhould bc drawn in ordcr to enablc a propcr understanding of th¢ accounts to bc reach¢d. GillespiL' & Andcrson Chart¢r¢d Accounlanls 147 Bath Street Glasgow G2 4SN I l December 2025 Page 4
Th¢ Whllehlll School S orty Tru.¥¢ Statement of Flnaneial Actfvitles for the I'e41r r.iidcd 31 Mdi-¢h Z025 2ffr25 Unrcstricted nd 2024 Total funds Notes tNCOME AND ENDOWMENTS FROM Investm¢nt inGom¢ 42,841 36.140 EXPENDITURE ON Raisins funds 9,998 9,813 Charitable acdvldes Main charitabl¢ activities 198,663 157,455 TotAI 208,661 167,268 Net gains on investments 26,502 56,599 NET INCOMEI{EXPF.NDITURE) (139,318) (74,529) RECONCILIATION OF FUNDS Total funds brought forward 1.352,497 1,427,026 TOTAL FUNDS CARRIED FORWARD 1,213,179 1.352.497 The notes form part ot. thes¢ finaiicial slatemenls Page 5
The %Vhi¢cliill School S ¢irt& Tru>É 2Q25 Unrestricted fund 2024 Total funds Notcs FIXED ASSETS Investments Investments Investment property I,n97,354 150,000 1,190,248 150,0(X) io 1,247,354 1,340,248 CURRENT ASSETS Debtors Cash at bank 2,924 5,343 2,797 63,953 tl,267 66,750 CRF.DITOR.S Amounts falling due within one year (42.442) 154,501) NET CURRENT ASSETS 134.175) 12,249 TOTAL ASSETS LESS CURRENT LIABILITIES 1.213.179 1,352,497 NET ASSETS 1.213.179 1,352.497 FUNDS UnrL".%triclcd funds 13 1,213,179 1,352,497 TOTAL FUNDS ,213,179 1.352,497 The financial statements were approved by th¢ Board of Trustees tmd authori¥¢d for issuc on I l December 2025 and w¢rc signed on its b¢half by: ThL nolcs form parl of thcsc financial stat¢mcn Page 6
The Whltehlll School S orts Trust Notes to the Financial.Stgtements or the Yexr EiidL,d ACCOUNTING POLICIES B Yd51S Df preparlng the fln&nclal statements Thc fjnancial statements of the charity, which is a public benefit entiry uiider FRS 102, have been prepared in accordance with th¥ Charities SORP {FRS 102) 'Ac¢ouniing and Reporting by Charities.. Ststement of ReLumfftendLd PraLlice applicable lo rhariti¢5 prcparing Their accounts in accordance with the Financial Rcporting Standard applicabli in th¥ UK and RLpublic of Ircland (FRS 102) (effectiv¢ l January 2019),, Financial Repoiting Siandaid 102 'Th¢ Financial R¢porting Standard appli¢abl¢ in th¢ UK and Rcpublic of Ireland, and th¢ Charitics and TnLSt¢¢ Inveslm¢nl (Scvtland) ALI 2005. The financial statcm¢nts' havc bcen prcpared undcr the historical cost conv¢ntion, willi the exception of inv¢stn]cnts which are included al markd V8lu¢. as modifi¢d by th¢ r¢valualion of ccrtain assets. Golng ¢on¢ern The TrLLSt has cash resourc¢s und has no r¢quircmcnt for extcrnal funding. The Trustccs consider that th¢r¢ arc no matcrial uncertaintics about the charitgs ability to conlinuL as a goinby conccrn. Thc charity has a strong balanLQ sheet wilh signifi¢ant batth balanccs to rneet its liabilitics as and when thly fall duc. Thc Tt¢¢$ have a reasonable cxp¢¢tation that the charity has ad¢quat¢ resoiwccs to continue in operational ¢xistcn¥c for the foreseeable future and bcli¢v¢ that thc going concem basis of a¢¢ountan¢y Is appropriatc in preparing th¢ a1Ual financial statcm¢nls. PresentAtlon Currency The finanLial statements arc pr¢s¢nt¢d in pound stcrling (£), which 15 Ihc functional currency of the Tn. Crltlcal aceountlng Judgements ind key qources of estlmallon uneertalnty The TrustLc% have madL JudgL'ment%, estimatcs and as%un)ptions th¢lt atlect th¢ amounts reported within the rinancial 5taiernents during the year. Actual rcsults may diffcr from these c%limatLS. Estimates and underlying ai>sumptions arc reviewed on an ungoingF basis. ThL Trustees c8timatLS. assumptions and judgcm¢nts Ihal havc a significant rit>k of causing a matcrial adjuslrncnt to the carrying dm()unt of assets and liabilities within the rinancial stalLments are addr¢sscd and detail is provided in ih¢ a&%v¢i4ited notes. Incun All incomL is r¢iognits¢d whcn th¥ TNst i5 Lntitl¥d to the incomc, it is probable that the incomc will be rcccived and the aniouiit can be mcliburcd rcliiibly. Invcstment inLomc is included wh¢n r¢ccipt is probable and the amount ian b¢ measured reliably. Expendlture Expenditur¢ has been classificd under the hcadings thal aggregate all costs related to the catcgory. Where costs cannot bc dircclly atlributcd to particular hcadings they hav¢ bccn allocated to activlties on a basis ¢onsistenl with the use ot. the resources. Expenditure is recognised on an accrual basis when a legal liability is incurrcd, paym¢nt of the liability is probable and the amount can be rn¢asured reliably. The amount inLlud¢s any VAT which cannot bc llY recovered. V AT is reported as part of the expendItL¢ to which it relates. Raising fimds includes all expenditure incurred by the Trust to raise ndS for its charitable purposes and includes costs of all tiindraising aLtivities. events and non-charilable trading. Charilablc activities comprise all i-esourccs cxpended undL'rtaking work lo meel th¢ Tnist's charitable objectives. SuLh Losts includc thc direct costs ot charitable aclivilies approved by the 'l'rust and all siipport costs relatittg lo tliese aLtiviiies. Governance costs include direct resources expended in the general running ot. tlie I"rust and are priniarily associated with constimtional and statutory requirements. These costs are alloCad entirely to charilable aciivities. Grants. uff¢r¢d subjeLI lu Londilions whiLli have noi been mel ai tlie year end dale are noted as a commitment but not aLLrugd as expenditure. Page 7 Loniiiiucd..
The Whliehlll School S orts Trusl Noles to tlie Flnanilxl St#femcntS - CDntlnued for the Y Ended ACCOUNTING POLICIES- contlnued Allocgtion and apportlonment of Costs .Suppurt COSts arc allocated wholly to charitabl¢ activities. Whilst the Trusiecs recognise that a small part of some itelns of cxpendiwre inLlud¢d in suptK)rt Costs do relat¢ to indircci govcrnance costs. they are of th¢ opinion that the tim¢ and costs involved in performing ?iuch an analysis ou(weigh the potential benefils arising from any such work. Volunteers In accordancc with FRS 102 and the Charitics SORP (FRS 102), th¥ cLonomic Lontribulion of blcncral volunlecrs is not recognis¢d in the financial statements du¢ to inaccuratc mLasuremcnt babes, Investment property Investmcnl property is shown at most rcccnr valuation, Any aggr¢galc surplus or dcficit arising from chang7e5 in fair valu¢ is recognised in the Stakm¢nl of Financial Activities. Taxatlon The charity has charilablc status and is exempt from tax on ils charitablc aclivitics, Fund aeeountlng Funds are classi liLd as unrestricicd fimds, detincd as follows: Unr¢%lricted funds are expendabl¢ at the disLrction of thL Trustees in fiirthcrance of the obj¢cts of Ihc Trust. If pans of thc unre%trictcd tiinds are earmarked al Ihc discretion of Ihc Trustees for a parttcular purpose. they arc designatcd as a separalc nd. This designation has an administrativ¢ purposL' only ai)d does not l¢gally rL%lrict thL Truste&s discrction to apply thc funds. Flnanclol Instruments The Trust has no Lomplcx financial inslrumenls but docs hold basic financial instruments of; cash at bank, debtors. crcditors and non-puttable ordinary sharcs. Cash aiid lash vquival¥nls Lornprise cash al bank and on hand. forLign ¢urrency on hand. demand d¢posits with banks and oili¢r shori-l¥rm highly liquid inve5in"nis with original mamrities of thrcL rnonth5 or Ic5s and bank overdraftb.. A bank Dvcrdraft would bL &*hown within Lurrent liabiliti¢s. Dcbtors arL initially r¢cognisLd at fair valu¢ and subsLqucntly rnLasur¢d al amortisLd Lubt Ing Ihc Lffeciive inierebt ml'thod, less loss¢s for bad d¢btS CXLepl whLr¥ tli¢ etltyct of discounling would b¢ imniatLriiil. In SULh cascs, trade and othcr debtors arc statLd at cost Ic&5 Io¥b¢S for bad debts. CrL.ditors arL initially reLognisL.d at fair valuc aiid subsLqucntly mcasur¢d at amortised Lost usin&F th¢ ¢ffeciive inler¢st rale ilesS thL effecl of dis¢ouiiting would be itnnutcrial. In suLh C&SC¥i. trade and othcr creditors are stalcd al cosl. Provlslon for Il#blll¢les A provision is initially recognised when thei'e is an obligation at the balance sheet date as the result of a past event. it is probable that there will be the transfer of fvnds An settlement and tlie amount of Ilie obligation can be esiimaled reliably. The provision is subsequently measured by placin8 a charge against the provision only for expenditure for which the provision wa5 originally recognised. Page g continued.-.
ThL' Whliehlll School S ort% Trust Note.5 to tlie Fln#ncial Statements - conilnued r the YeAr En l March 202 tNVESTMENT INCOME 2025 2(i24 Rcnts received Othcr fixed asbcl invest - Fll tkposit account int¢r¢s¢ 12.000 29,286 1,555 1,620 33.876 644 42.841 36,140 RAISING FUNDS Investment management costs 2025 2024 Portfolio manag¢m¢nt 9,998 9,813 CHARITABLE ACTIVITIES COSTS Grant fiindii)Li of aciivilics (se¢ nol¢ Support costs (scc note 6) 5) Totals Main charitabl¢ activities 191,92C) 6,737 19X.663 GRANTS PAYABLE 2025 2024 Main charitablc activitics 191,926 153.658 Thc total grants paid lo institutions during the year w&s as follows: 2025 2024 Whitchill Secondary School 1911)26 153.658 SUPPORT COSTS GovL'inanLe costs Mdl)iiBLmLllL Finance Totals Main charitable activities 737 15 5,985 6,737 Page 9 ¢ontinued.
The Whilehill School S orts Tru¥t Notes to tli¢ FinanciAI .statem¢tI - continued ar Ended .11 March 202.$ SUPPORT COSTS - contlnved Support costs, included in the above, ar¢ as follows: Mana%ement 2025 Main harilabl¢ activiti¢s 2024 Tool activities Insuranc¢ 737 757 Flnance 2025 Main chaTithble activili¢s 2024 Total activities Bank charges 15 Governance costs 2025 Main charitable ac(iviti¢s 2024 Totsl activitie5 ProfLbsiondl fcc Exainiiialion f¢cs Truslcc travel School expcns¢s 2.217 2.496 1.122 150 2,160 7¥0 100 3,040 TRUSTEESI REMUNERATION AND BENEFITS There wcrc rno trnste¢s' r¢rnun¢ration or other ben¢fils for the ycar cndL.d 31 March 2025 nor for the year ended 31 March 2024. Trust¢ts' expenses Att amount of £ 1.122 (2024.. £780) travel expenses were reimbursed to the S Trustees (2024: 6) during the year to 31 March 2025. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Inv¢b(ment incorne 36,140 EXPENDITURE ON Raising funds 9.813 Charltable actlvltles Maiii ¢harithble iiLliviti¢s 157,455 Pagc 10 continu¢d.-
hill School S orts Trus¢ COMPARATIVES FOR THE STA TEMENT OF FIIYANCIAL ACTtVlTtES- eontlnued Unrestricted fund Total 167,268 Net gains on inveslmellts 56,599 NET INCOMEI(EXPENDITURE) (74,529) RECONCILIATION OF FUNDS Total tiinds brought torward 1,427,026 TOTAL FUNDS CARRIED FORWARD 1.352,497 FIXED ASSET INVESTMENTS Listed invcstmcnts MARKET VALUE Ai l April 2024 Additioiis Disposals Revaluation8 1.190,248 302.489 {413,1136) 111,453 At 31 March 2025 1,097,354 NET BOOK VALUE At 31 March 2025 1,097,354 At 31 March 2024 ,190,248 There were no inv¢stment absets outside the UK. Investmcnts are valued at thcir quutcd tnarkel pricL in an activL market as al the year end, The historical cost of Ihc investments was £893,116 (2024- £918,173). Cost or valuation at 31 MarLh 2025 is repre5cnlcd by-. Listed investments Valuation in 2023 Valuation iti 2024 Valuation in 2025 .218.636 (28,388) (92,894) 1.097.354 Page 11 continued...
The Whltehill SCI01 S orts Trust s tn the Flngnclal StAt nt l March 202 tin tNVESTMENT PROPERTY FAJR VALUE At l April 2024 and 31 March 2025 150.000 NET BOOK VALUE At 31 March 2025 150,000 At 31 March 2024 Iso,oJo Investmcnt prop¢rty constitut¢s land donated to th¢ charity. The land was valued on an open mark¢t basis on 5 May 2022 by DM Hall LLP, Chartercd Surv¢yors. In ihc opinion of the Tntst¢¢S, th¢ valuc as at thc balance sheet date is not mat¢rially different. DEBTORS; AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other debti)rs Prepayments 2,688 236 2.557 240 2,924 2,797 12. CREDTTORS: AMOUNTS FALLING DUE MTHIN ONE YEAR 2025 2U24 Othcr cr¢ditors 42,442 54.5a I 13. MOVEMENT IN FUNDS Nct movement in fundt* At 31.3.25 A¢ 1.4.24 Unres¢rl¢ted funds Gcncral liind 1,352,497 (139,318) .213.179 TOTAL FUNDS 1.352,497 1139,318) 1,213,179 Nel movement in nds, included in the aly)ve are a5 follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestrlcted funds General fvnd 42.841 (208,661) 26.502 (139.318) TOTAL FUNDS 42.841 {20X,661) 26.502 1139..1111) Pagc 12 oniinued...
The W'hllehlll SchoDI S orts Trust to the Fln*nclal Statements- continu Year F.nded Jl MaTch 202 13. MOVEMENT IN FUNDS - contlnued Compara¢lv¢s for movejnent In fund5 Nel muv¢mcnt in fijnds Al 31.3.24 Ai 1.4.23 Unrestrlcted fundj Gcn¢ral fimd 1,427,026 (74,529) 1,352.497 TOTAL FUNDS 1.427,026 (74,529) 1,352,497 Comparative net mov¢m¢nt in funds, included in the above are as follows: Incoming r¢sour¢cs Rcsourc¢s expended Gains and losses MovemeDt in thnds Unrtstrlcted funds General fund 36,140 (167,268) 56.599 (74.529) TOTAL FUNDS 36.140 (167,268) 56,599 (74,529) A ¢urr¢nt Ye 12 months and prior year 12 rnonlhs Combined position is as follows,. Nct movcm¢nl in fundt4 At 31.3.25 At 1.4.23 Unr¢$trlcted funds General fund 1,427,026 (213.847) I,213.179 TOTAL FUNDS 1,427,026 (213,847) 1,213,179 A currcnt year 12 months and prlor year 12 months combined net movement in fimds. included in the above are as follows.. In¢omAng resources Resourccs expended Gains and losses Movement in funds Unre5trlcted funds General nd 7X.9XI {375,929) 83.101 (213.847) TOTAL FUNDS 1375,929) 83.101 1213,847) Purposes of unrestrlcted funds GLllLral Fund - To rLL¢Ave lh¢ normal income and pay the normal running expenses of the chariry. Page 13 continucd...
The Whllehlll School S orr& Trusr Note5 to tlit Financfral .Statement¥ - contlnued forth Y ar Ima 14. RELATED PARTY DISCLOSURES There w¢r¢ no related party transadions for the years ended 31 March 2025 and 2024. nor were any donations mad¢ by any Trustees to th¢ Charity. Page 14