REGISTERED CHARITY NUMBER: 1063669
Report of the Trustees and
Financial Statement8 for the Year Ended 5 April 2024
Slr Donald & Lady Edna Wilson
Charltable Trnst
Ellis & Co (Acwuntants & Business Advisers) Ltd
Chartered Accountants
and Ststutory Auditors
114-120 Northgate Street
Chestèr
CH12HT

Slr Donald & Lady Edna Wilson
Charitable Trust
Contents of the Financial Statements
for th• Year Ended 5 April 2024
Report of the Trustees
1 to 3
Report of the Independent Auditors
4 to 7
Statement of Financial Activities
SL*ment of Financlal Posillon
Notes to the Financial Statements
10 to 13

Slr Donald & Lady Edna Wllson
Charitable Trust
Report of the Trustees
for the Year Ended 5 Aprfl 2024
The trustees present their report with the finanaal statements of the charity for the year ended
5 April 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities:
ststement of Recommended Practice applicable to charities preparing their accounts in
accordan￿ with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland
(FRS 102) (effective 1 January 2019).
Objectives and activities
Objectives and aims
The objectives of the charity are to make payments to tharities which provide relief. for the elderly.
support the vulnerable (such as young children or anyone with special needs) or hardship; provide
for the advancement of education or the advancement of the Christian religion; and other
charitable purposes for the benefft of the communty.
Slgnificant activitles
Directed by its trustees. the charity continued in pursuit of its primary aim to make donations to
charities and charitsble institutions which fall within ts objectives.
During the year charities that support vulnerable children have been specifically identified. The
charity has also made smaller donations to many other charitses.
Public benefit
The trustses have refeffed to advica contsined in the Charity Commission's general guidan￿ on
public benefit when reviewing aims and objectives, and in planning future activities. In particular.
the trustees consider how planned activities will cx)ntribute to the aims and objectives which they
have set
Financlal review
Financlal position
Resources inwming to the charity were dr¥idend arKI interest income from the share Portfolio and
donations from Watsrgate Properties (Ellesmere) Limited.
As with previous years the charity made donations to charities and charitable institutions.
The trustees consider that there are no major risks or uncertainties facing the charity.
Investment policy and objectives
The investment portfolio is held with Cana(xord Genuity Weatth Management and has the
objective of creating income and maintaining real value of (xpital.
Reserves policy
The￿ were significant reserves of £6,981.084 as at 5 April 2024.
Structure. governance and management
Governing document
The charity is controlled by its goveming documen( a deed of trust dated 21 May 1997. and
)nstitutes an unincorporated charity.
Recruitsnent and appointmont of new trustoes
New twstees ar8 proposed in a trustees, meeting, with all current trustees agreeing on the
appointment of the new trustee.
Page 1

Sir Donald & Lady Edna Wilson
Charitable Trust
Report of the Trustees
for the Year Ended 5 April 2024
Structure, governance and management
Oryanisational structure
The trustees meet at least once a quarter to manage the affairs of the chaiity.
Risk management
The trustees have a duty to identify and review the risks to which the tharity is exposed and to
ensure appropriate ￿ntrOlS are in pla￿ to pro￿de reasonable assurance against fraud and error.
The trustees have corKlucted their own review of the major risks to which the tharity is exposed
and systems have been established to mitigate those risks. Intemal risks are minimised by the
implementstion of procedures for authorisation of all transactions.
Reference and administrative detsils
Registered Charity number
1063669
Principal address
12 Grosvenor Road
Wrexham
LL111BU
Trustees
GVKelty
EGRees
L B Probert
Auditors
Ellis & Co (AccDuntants & Business Advisers) Ltd
Chartered Accountants
and Statutory Auditors
114-120 Northgate Street
Chester
CH12HT
Solicitors
Gitbns McDonald
12 Grosvenor Road
Wrexham
LL111BU
Investment Manage
Canaccord Genulty Wealth Management
Anson House
1 Cae'r Llynen
Uandudno JunctK)n
Conwy
LL319LS
Page 2

Slr Donald & Lady Edna Wilson
Charitable Trust
Report of the Trustees
for the Year Ended 5 April 2024
Tn￿te0$. responslbility statement
The trustees are responsible for preparing the Report of the Trust88s and the financial statements
in acujrdance with applicable law and United lfjngdom Acmunting Stsndards (United lfjngdom
Generally Accepted Accounting Practice).
The law applicable to charities in England arKI Wales, the Charities Act 2011, Charity (Accounts
and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to
prepare financial statements for each financial year whith give a true and fair view of the state of
affairs of the charity and of the incoming resources and application of resources. including the
income and expenditure. of the charity for that period. In preparing those financial statements. the
trustees are required to
select suitable accounting policies and then apply them consistently;
observe the methods and prinaples in the Charity SORP;
make judgements and estimates that are ￿asOnable and prudent:
prepare the financial statements on the going concern basis unless it is inappropriate to
presuma that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with
reasonable accuracy at any time the financial positson of the charity and to enable them to ensure
that the financial ststsments comply with the Charities Act 2011, the Charity (Accounts arKI
Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for
safeguarding the assets of the charity and hence for tsking reasonable steps for the prevention
and detection of fraud and other irregularities.
L A/q/21
Approved by order of the board of trustees on ............. ..
behalf by:
and signed on its
GIIKéily-T
stee
161
f7f
Page 3

Report of the Independent Audltors to the Trustses of
Slr Donald & Lady Edna Wilson
Charitable Trust
Opinlon
We have audited the financial statements of Sir Donald & Lady Edna Wilson Charitable Trust (the
'charity') for the year ended 5 April 2024 which comprise the Statement of Finanaal Activities, the
Statement of Financial Position and notes to the financial statements, including a summary of
significant accounting policies. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom ACC￿ntIng Standards (United Kingdom
Generalty Accepted Accounting Practice).
In our opinion the financial statements-
give a true and fair view of the state of ts charitvs affairs as at 5 April 2024 and of its incoming
resources and application of resour￿. for the year then ended;
have been properly prepared in accordan￿ with United Kingdom Generally AC￿pted
Accounting Practice; and
have been prepared in accordan￿ with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with Intemational Standards on Audltlng (UK) (ISAS (UK))
and applicable law. Our responsibilities urKler those standards are further described in the
Auditors, responsibilities for the audit of the finarlcial statements section of our report. We are
independent of the charity in accordance with the ethical requirements that are relevant to our
audit of the financial statements in the UK. induding the FRC'S Ethical Standard, and we have
fulfilled our other ethical responsibilities in a¢￿anCe with these requirements. We believe that
the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons relating to going concem
In auditing the financial statements, we have conduded that the trustees, use of the going concem
basis of airA)unting in the preparation of the financial statements is appropriate.
Based on the work we have perfonned. we have not identified any material uncertainties relatiNJ to
events or condttions that, individually or collectively, may cast significant doubt on tha charilvs
ability to continue as a going concem for a period of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees Nmth respect to going concem are
described in the relevant sections of this report.
Other information
The tnjstees are responsible for the other infomiation. The other information comprises the
information included in the Annual Report, other than the financial statements and our Report of
the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other infonnation and, except to the
extent otherwise explicitly stated in our report. we do rK)t express any forn of assuran
condusion thereon.
In connection with our audit of the financial statements, our responsibilty is to read the other
InfO￿natiOn and. in doing so, consider whether the other infomation is materially inconsistent with
the flnanclal statements or our knowledge obtalned In the audlt Dr otherwise appears to be
materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to detsnnine whether this gives rise to a material misststem8nt in
the financial statements themselves. If, based on the work we have performed, we condude that
there is a matsrial misstatement of this other information, we are required to report that fact. We
have nothing to report in this regard.
Page 4

Report of the Independent Auditors to the Trustees of
Sir Donald & Lady Edna Wllson
Charltable Trust
Matters on whlch we are required to report by exceptlon
We have nothing to report in respect of the following matters where th8 Charities (Accounts and
Reports) Regulations 2008 requires us to report to you rf, in our opinion:
the infomiation given in the Report of the Trustees is inconsistent in any material respect with
the financxal statements,. or
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the a(xounting records and returns; or
we have not re￿iVed all the inft)miation and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Trustees, Responsibilities Statement. the trustees are responsible
for the preparation of the finanaal statements which give a true and fair view. and for such internal
(x)ntrol as the trustees determine is necessary to enable the preparation of financial statements
that are free from material misststement. whether due to fraud or error.
In preparing the financial statements, the tmstees are responslble for assesslng the charws ability
to (x)ntinue as a going concem, disdosing, as applicable. matters related to going (%)n￿rn and
using the going conc8m basis of accounting unless the trustees either intend to liquidate th8
charity or to cease operations, or have no realistic alternative but to do so.
Page 5

Report of tho Indepondont Auditors to the Trustees of
Sir Donald & Lady Edna Wllson
Charitable Trust
Our responslbilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in
accordan￿ with the Act and relevant regUlati￿S made or having effect thereunder.
Our objeclives are to obtain reasonable assurance about whether the financial statements as a
whole are free from material misstatement, whether due to fraud or error, and to issue a Report of
the Independent Auditors that indudes our opinion. Reasonable assurance is a high level of
assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always
detect a material misstatsment when it exists. Misstatsments can arise from fraud or error and are
considered material if. individually or in the aggregate, they ￿Uld reasonabty b8 expected to
Influen￿ the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, induding fraud is
detailed below:
We Identfy and assess the risks of material misstatement of the Financial Ststements, whether
due to fraud or error. and then design and perfomi audit procedures in response to those risks,
including obtaining audit evidence that is sufficient and appropriats to provide a basis for our
opinion.
In ide￿￿fylng and assessing risks of material misstatement in respect of irregularities, including
fraud and non-compliance with laws and regulations, we considered the following:
the nature of the charity, the control environment and results
results of our enquiries of management about their own identffication and assessment of the
risks of irregularities
any matters we identified having obtained and reviewed documentstion of poliaes and
procedures relating to."
identifying, 8valuatirKJ and complying with laws and regulations and whether
management were aware of any instances of non*compliar
detecting and responding to the risks of fraud and whether management have
knowledge of any actual, suspected or alleged fraud
the intemal controls established to mitigate risks of fraud or r￿rKoMplI3nce with laws
arKI regulations
the matters discussed among the audit engagement team regarding how and where fraud
Might ocojr in the financial ststements and any potential irKlicators of fraud
As a result of these wocedures, we considered the opportunities and incentives that may exist
within the organisation for fraud and identified the greatest potential for fraud in the ￿mpleteneSS
of revenue and payment of donations. In wmmon wlth all audlts under ISA (UK), we are also
required to perform specific procedures to respond to the risk of management override.
A futher description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's wthite ¢lt wbYw.frc.org.uklauditorsresponsibilities. Thls d8s(xlption
forms part of our Report of the Independent Auditors.
Page 6

Report of the Independent Auditors to the Trustees of
Sir Donald & Lady Edna Wilson
Charltable Trust
Use of our report
This report is made solely to the charitys trustees, as a body, in accordance wtth Part 4 of the
Charities (Accounts and Reports) Regulations 2008. Our audit work has b88n undertaken so that
we might state to the charitys trustees those matters we are required to state to them in an
audito￿, report and for no other purpose. To the fullest extent pemitted by law, we do not accept
or assume responsibility to anyone other than tha charity and the charity's trustses as a body. for
our audit work. for this report, or for the opinions we have fo￿ned.
LILO , L (A,aL 4 Akn) Lij
Ellis & Co (Accountants & Business Advisers) Ltd
Chartered Accountants
and Statutcry Auditors
11*120 Northgate Street
Chester
CH12HT
Date: .......
Page 7

Sir Donald & Lady Edna Wilson
Charltable Trust
Statsment of Financial Activrties
for the Year Ended 5 April 2024
4tt4
514123
Unrestrlctsd Total
fund
funds
Notss
Income and endowments from
Donations and legacies
250.000
290.txjo
Investrnent income
84,071
68,430
Totsl
334,071
358,430
Expenditure on
Raising fijnds
20,092
19.076
Charftable activities
Donations
313.842
417.772
Other
14,647
12.960
Total
348,581
449.808
Net gainsl{losses) on investrnents
202,095
{150.673)
NEf INCOMEI(EXPENDfTURE)
187.585
(242,051)
Reconciliallon of funds
Totsl funds brought lo￿ard
6,793,499 7.035,550
Total funds carried fonvard
6.981,084 6,793.499
The notes fomi part of these financial statements
Page 8

Sir Donald & Lady Edna Wllson
Charitable Trust
Statsment of Financlal Position
S April 2024
514124
514123
Unrostricted Total
fund
funds
Fixed assets
Investments
6.950.286 6,637.276
Current assets
Debtors
Cash at bank
10
5.961
43,293
3.232
170,402
49.254
173.634
An￿Unts falling due within one year
11
(18.456) (17.411)
Net current assets
30,798
156.223
Total assets less current liabllllles
6,981,084 6,793.499
NEf ASSErs
6,981,084 6.793,499
Funds
Unrestricted funds
6,981,084 6,793,499
Total funds
6,981.084 6.793,499
The financial statements were approved by the Board of Trustees and authorised for issue on
..l.￿.]..f..1.10Z.w............... arKI were signed on ts behalf by:
E G Rees - Trustee
The notes fonn part of these financial statements
Page 9

Sir Donald & Lady Edna Wilson
Charftabl8 Trust
Notes to the Financial Statements
for the Year Ended 5 April 2024
The charltablo trust
The tharitable trust is an unincorporated d)arity controlled by a deed of trust, registered in
Wales.
The principal address is:
12 Grosvenor Road
Wrexham
LL111BU
Accounting policies
Basis of preparing the finanGial statements
The financial statements of the charity, which is a public benefit entity under FRS 102. have
been prepared in accordan￿ wrth the Charities SORP (FRS 102) 'Accounting and Reporting
by Charities: Statement of Recommended Practice applicable to charities preparing their
accx)unts in accordan￿ with the Financial Reporting standards applicable in the UK and
Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102
The Financial Reporting Standard appIl￿ble in the UK and Republic of Ireland, and the
Charities Act 2011. The financial statsments have been prepared under historical cost
convention with the exception of listed invesknents which are included at market value.
The charity, as a small charity. is exempt from the obligation to prepare group accounts.
Consequently, these aco)unts pr&8ent inforniation about th8 charity as an individual
urKlertaking and not as a group.
Income
All income is recognised in the Statement of Finanaal Activities once the charity has
entitlement to the funds, it is probable that the income will be received and the amount can
be measured reliably.
Expenditure
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 a transfer of econornic beneffts
will be required in settlement arKI the amount of the obligation can be measured reliably.
ExpendFture is accounted for on an accruals basis and has been classified under headings
that aggregate all costs related to the category. Where costs cannot be directly attributed to
particular headings they have been allocated to activities on a basis consistent with the use
of reSoUr￿s.
Allocation and apportionment of costs
Support costs have been allocated between govemance costs and other supp(rt
Govemance costs comprise all costs involving public accountablllty of the charlty and Its
compliance with regulation and good practice.
Taxation
The charity is exempt from tax on its charitable activibes.
Fund accountlng
Unrestrictsd funds are available for usa in accordan￿ with the charitable objecbves at the
disuetion of the trustees. All funds held by the charity are unrestiictsd fijnds.
Page 10
continued...

Slr Donald & Lady Edna Wilson
Charltable Trust
Notes to the Financial Statements - continued
for Ihe Year Ended 5 April 2024
Accountlng policies - continued
Fixed asset investments
Shares in group undertakings are recorded at and subsequently stated at cost less any
aC￿mUlated impa1￿￿ent losses. Where shares in subsidiary undertakings are acquired by
way of gift they are initialty recognised at fair value and subsequently stated at initial fair
value less any accumulated impainnent losses. Listed investments are measured at fair
value With thanges in fair value being recognised in profit or loss.
Investment income
514r23
Income from listed invesknents
Interest receivable
57,943
26,128
56.815
11.615
84.071
68,430
Raising funds
Investment management costs
4ll4
514123
Portfolio management
20,092
19,076
Auditows. remuneration
4tt4
514123
Fees payable to the CharIt￿S auditors for the audit of the
charivs financial statements
9,918
9.450
Addttional fees payable to tha charitable trusvs auditors for accountanGy arKI consultancy
services were £4.681 (2023: £3.510).
Trustees. romuneration and beneflts
There were no trustees. remuneration or other beneffts for the year erKled 5 April 2024 rbor
for the year ended 5 April 2023.
Trustees. expenses
Therc wore no tru3tee8' expenses paid for the year ended 5 April 2024 nor for the year
ended 5 April 2023.
Page11
continued...

Slr Donald & Lady Edna Wilson
Charitable Trust
Notss to tho Flnancial Statements - contlnued
for the Year Ended 5 April 2024
Employees
The charity had no employees in the current or previous year.
Trust deed restrictions
The tnjst deed stipulates that only 5% of the capital in the trust fund can be distributsd each
year. These restrictions were complied with during the year.
Fixed asset investments
Shares in
group
undertaklngslnvestments Totals
Market value
At 6 April 2023
Additions
Disposals
Revaluations
4.100,000 2,537.276 6,637.276
386.169
386.169
(275,254) (275.254)
202,095
202.095
At 5 April 2024
4.100,000 2,850.286 6,950,286
Net book value
At 5 April 2024
4,100,000 2,850,286 6.950,286
At 5 April 2023
4.100,000 2,537,276 6,637.276
Shares in group undertakings represents the cost of 100% of the issued shar8 capitsl in
Watergate Properties (Ellesmere) Limited following the gfft of shares in 2006 and 2016. For
the year ended 5 April 2024, the ac￿Unts of Watergate Properties (Ellesmere) Limited
1rK￿ud8d tumover of £224,696, invethent income of £68,228, expenditu￿ of £437.265 and
a gain on revaluation of assets of £287.093 giving rise to a profft for the year of £142.752.
The registered office address of Watergate Properbes (Ellesmere) Limited is 12 Grosvenor
Road, Wrexham. Wales. LL11 1 BU.
Cost ¢y valuation at 5 April 2024 is represented by:
Shares in
group
Listed
undertakingsinvestments
Totals
valuati￿ in 2024
2.850,286 2.850.286
4.100.000
4.100.000
4.100.000 2,850,286 6,950,286
Page 12
continued...

Sir Donald & Lady Edna Wilson
Charitable Trust
Notes to the Financlal Statements - contlnued
for the Year Ended 5 April 2024
10. Debtor5: amounts falllng due within one y
4R4
514r23
Prepayments and accrued income
5,961
3,232
11. Credltors: amounts falling due within one y
4W
514r23
Other creditors
18,456
17,411
12. Related party disclosures
The charity owns 100Yo of the shares in Watergate Properties (Ellesmere) Limited.
company registered in England & Wales. Donations of £250,000 were r8C8IV8d from the
company during the year (2023: £290,000).
Page 13