The Sylvia Webber Trust Report and Financial Statements th For the Year Ended 30 June 2024 Registered Charity Number 1115493 Fuller Spurling Chartered Aceountants Mill House 58 Guildford Street Chert5ey Surrey la16 9BE The Sylvia Webber Trust Financial Statements For the Year Ended 30th June 2024 CONTENrs Page Trustees, Report Independent Examiner's Report Receipts and Payments Account Statement of Assets and Liabilities The Sylvia Webber Trust Rew)rt of the Trustees for the Year Ended 30th June 2024 The trustees present th¢ir retK)rt along with the financial statements of the charity for th¢ year ended 30th June 2024. Reference and Administrative Details Charity Number 1115493 Principal Address 67 New Church Road Hove Sussex BN3 4BA Bankers Barclays Bank plc Independent Examiner Fuller Spurling Chartered Accountants and Statutory Auditors Mill House 58 Guildford Streel Chertsey Su￿eY KT16 9BE Trustees The Trustees serving during the period and since the period end were as follows: A Webber L J Lewis M J Webber The Sylvia Webber Trust Report of tbe Trnstees for the Year Ended 30th June 2024 Structure, Governance and Management Governin Document The Sylvia Webber Trust was established on 13 February 2006 by a Trust Deed which was subsequently amended on 12 July 2006. It is governed by a Trust Deed and is controlled by a Board of Trustees. Role of Board of Trustees The role of the Board of Trustees is to oversee the overall direction and activities of the charity, including its policies and procedures. to ensure that they are consistently in accordance with the charitable purposes defined in the objects clause in its constitution. The Board of Trustees confimis and monitors the strategic direction of the charity. The Trustees mcct regularly to monitor prO￿eSS and to take decisions conceming th¢ strategic direction of the charity. Objectives The objectives of the charity are: l. To advance education (including social and physical education) of children and young adults in the United Kingdom or Israel by the provision of grants, clothing, tools, instruments and oth¢r such items as d¢emed necessary by the Trust¢es. 2. To support the Jewish institutions in the advancement of Jewish religion andlor education for children and young adults in thc United Kingdom or Israel. 3. To support Jewish institutions which assist provision of facilities in the interests of social welfare for recreation or other leisure time, occupation for children and young adults in the United Kingdom or Israel with the object of improving their conditions of life 4. To relieve financial hardship. sickness or distress and further general charitable purposes for children and young adults resident in the Uniled Kingdom or Israel who are in need of such help. Achievement and Performance The income of the Trust derives from the dividends it receives from its shareholdings in the Brymore Group. This income stream is expectrd to continue in the future at the current level. The Trust agreed to continue its support of those organizations which it has supported in the past. The Trustees made Several grants to organization5 providing social and welfare facilities in the UK and Israel. The Trustees consider that the grants made during the year meet the objects and purposes of the Trust. The income for the year amounted to £92,365 (2023: £69,273) and the expenditure was £80,515 (2023: £163,460) leaving a surplus of £16,623 (2023: £4,773). The Sylvia Webber Trnst Report of the Trustees for the Year Ended 30th June 2024 Reserves Policy In view of the steady flow of dividends from the Brymore Group, and in view of the continuing pressure on clwities following the Covid epiden]ic and the aft¢mJath of the October 7 attacL8 on Israel. the T￿￿teeS felt tbat all available fimds should be used to support its charitable aims. The policy will be reviewed in future years. Plans for the Futsre The main plan for the year ahead is the continuing development and expansion of our ability to help all those who fall into our "Objectives" category. Trustees The Tn￿teeS are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and the Unitd Kingdom Gcncrally Accepted Accounting Practice applicable to small charities. The Tn￿teeS bave. therefore, prepared f￿￿ncIal statements for the last twelve months financial peTiod which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that pcriod. In preparing those flllancial statements the T￿￿teeS have".- Sclected suitable accounting policies and applied them consistently Made judgements and estimates that are reasonable and pn]dent Pr￿ared the financial ststement on the going concern basis The Trustees are responsible for keeping proper accounting records that disclose, with reasonable accuracy at any time, the fmancial position of the CILarity. They are also responsible for taking reasonable steps for the detection and prevention of fraud and other irregularities. This report was approved by the Trustecs and sI￿¢d on its behalf by L Lewis Date INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SYLVIA WEBBER TRUST FOR THE YEAR ENDED 30TH JUNE 2024 I report on the Accounts of The Sylvia Webber Trust for the year ended 30th June 2024 which are set out on pages 5 and 6. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of th¢ Charities Act 2011 ('th¢ Act,). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirni that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in reSp￿t of the Trust as required by section 130 of the Act. or the accounts do not accord with those records. or the accounts do not comply with the applicable requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I confirni that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts io be reached. Mark T C Harvey FCA Fuller Spurling Chartered Accountants & Statutory Auditors Mill House 58 Guildford Street Chertsey Surrey KTI 6 9BE Date The Sylvia Webber Trust Receipts and Payments Account for the Year Ended 30th June 2024 Total Funds 2024 Total Funds 2023 RECEIIYS Inv¢stment Income 92,365 69,273 PAYMEwrs Awards and grants 79,500 162,500 Accountancy fees 960 960 Bank Charges 55 TOTAL PAYMENTS 80.515 163.460 NET RECEIPTSI(PAYMENTS) IN THE YEAR 11,850 (94,187) Cash funds at 30 June 2023 4.773 98,960 th Cash funds at 30 June 2024 £16,623 £4,773 Iyotes All funds were unrestricted. The accounts are prepared on the receipts and payments basis. Tbe Sylvia Webber Trust Statement of Assets and Liabilit￿ at 31)th JuDe 2024 2024 2023 FIXED ASSET INVESTMENTS Investments 1,582262 1,582,262 CASH FUNDS Cash at Bank Notes All funds were unrestricted. There wer¢ no liabilities at 3￿ June 2024 Approved by the Board of Trustees on .... . and signed on its behalf by L Lewis - Trustec