THE EDWARDS FAMILY CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED S APRIL 2024
Asset cover for fund5
The trustees ar8 satisfied there are suff￿.0nt assots lo meet the Ch*its￿O Ttusf$ obligations.
Tha trustees, roport wa5 approv&1 by the Board of Tn￿te8$.
Slmon Wllllim Edwards
Tnjstee
Dated".
an Rlchard Borrows
Tru3teo
2fflS.

THE EDWARDS FAMILY CHARITABLE TRUST
BAIANCE SHEET
AS Af SAPRIL 2024
2024
2023
Not
Flx•d
2.675.348
23)2334
Currnnt a•Mts
11
18.840
372.434
Cash at baik WKI wi harmj
170.097
170.097
389274
Creditor¥: amounts falllng du• wlthln
on• y•ar
12
(4.414)
(12.948)
Net cyjrrwt assets
165.683
378.328
Total assets less current Ilabilities
1841,031
I878.￿2
Income fiJnds
Unrestricted fvnds. ca
Unrestricted funds - ￿VenUe
1.817.148
1.(123.8&3
1,746.732
931.930
2,841.031
2.678.￿2
The finan(ial stalemerts V•*ro apprnved by the Trustees M ...................-...
Simon William
Trustee

Charity Registration No. 1123136
THE TRUSTEES OF
THE EDWARDS FAMILY CHARITABLE TRUST
ANNUAL REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5APRIL 2024

THE EDWARDS FAMILY CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Simon William Edwards
Alan Rithard Borrows
Jane Ann Dewhurst
William Richard Edwards
Rosemary Gra￿ Edwards
Charlty number
1123136
Principal address
DSG Chartered Accountants
Castle Chambers
43 Castle Street
Liverpool
L2 9TL
Independenl examiner
Anthony Bayliss
72 Waterpark Road
Prenton
CH43 ORS
Bankers
Coutts & Co
St Nicholas Pla
8 Princes Parade
Liverpool
L3 1DL
Accountants
DSG Chartered Accountants
Caslle Chambers
43 Castle Street
Liverpool
L2 9TL

THE EDWARDS FAMILY CHARITABLE TRUST
CONTENTS
Page
Trustees, report
Independent examinerfs report
Statement of financial activities
Balan￿ sheet
Notes to the financial statements
9-14

THE EDWARDS FAMILY CHARITABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 5 APRIL 2024
The trustees present their report and financial statements for the year ended 5 April 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 lo the
financial statements.
Objectives and activities
Charltable Objects
The Charitable Trust's objects are for the furtheran￿ of such charitable purpose or purposes in any part of the
world and if more than one in such proportions and in such a manner as the trustees shall from time to time think
fit. with particular focus on North West England.
Donations and furtherance of these objectives are detailed herein.
Aims of charity
The charity aims to make annual grants to registered charities, paying particular attention to the North West of
England. The trustees meet annually to detemiine the level and appropriateness of their intended grants.
How achievement of aims furthers objectives
By making periodic grants to registered charities.
Strategies for achieving aims
The trustees, strategies to achieve their aims continues to be one of holding investments with the income being
made available for the intended grants to be made by the trustees.
Statement of compliance with Charity Commission guidance
The trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding the
activities the Charitable Trust should undertake during the year. The trustees are satisfied that the information
provided in the report and accounts meet the public benefit rewrting requirements.
Charitable Activities
The main charitable activities of the Charitable Trust are the operation and management of the investment
portfolio and the subsequent grants made. The trustees meet to determine the available income generated with a
view to distributing as much of the annual income as possible.
Grant making policy
The Charitable Trust is solely one of grant making in furtheran￿ of the Charitable Trust's aims. Grants made
during the year are recognised in the accounts in the period for which they are intended to be applied as due in
total on the date due and payable.
Achievements and perfomiance
Review of the Charitable Trust's achievements
The trustees are satisfied that by reviewing the income levels of the Charitable Trust, a large percentage of
income (less expenses) can be distributed by way of their grant making policy.

THE EDWARDS FAMILY CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Investment performance
Most of the Charitable Trusys capital is invested on the stock market subject to a cash reserve.
As at the 5th April 2024 the market value of the portfolio was £2.675.3481£2,302.334 for 2023) which generated
a net income of £112,580. The trustees receive regular perfomiance reports and also review the portfolio
regularly and are satisfied with the performance during the year.
Flnanclal revlew
Review of financial position
The charitable trust's overall fund balances total £2,841,031 as at 5th April 2024. This compares to a total of
£2,678.662 as at 5th April 2023.
After taking into consideration total net incoming resources, recognised gains and loses during the year,
commitments to charitable donations and govemance and support costs there was an overall increase in the net
movement of funds of £162,369. This compares to an overall decrease of £100,940 as at 5th April 2023.
The trustees have also reviewed their grant making capability and are satisfied that there will be sufficient income
year on year to enable their current financial commitments io be met.
The trustees consider the investments held as expendable endowments. providing a relatively secure and
predictable stream of income from which to make grants.
Reserves policy
It is the policy of the charitable trust that reserves are held in the fonn of fixed asset investments to generate a
return in the form of investment income to provide the Trust wilh funds to meet its Gharitable objeGtives through
the payment of grants to other charitable organisalions.
Investment policy
The trustees are responsible for the investment decision making process.
As there are no specific restrictions on investment powers under the goveming deed the trustees have full
discretion over the investments held.
The investment objectives are to achieve a balan￿d retum from capital appreciation and income yield. It is
anticipated thal the income yield from the investment portfolio will be broadly in line with that provided by the
FTSE All Share Index and that the income stream will maintain its value in real terms.
The trustees are to avoid exposure to investments which are deemed unsuitable in the context of the trustees.
objectives, when considering the portfolio as a whole. The trustees are also to have regard for the need for
diversification and the total amount invested on a direct equity investment would broadly not exceed 50/0 of the
trust's total investment portfolio at the time of purchase.
The benchmark upon which the trustees will measure the investment perfOnTran￿ of the investment pcrtfolio is
measured is based upon:
FTSE All Share Index
The trustees will receive half yearly reports from the Unil Trust providers in order to determine adherence lo Ihe
investment policy and to compare the portfolio's performance in relation to the benchmark.
The trustees have reviewed the current policies and do not feel any amendments are necessary.

THE EDWARDS FAMILY CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Risk Management
The trustees have assessed the major risks to which the charitsble trust is exposed, and are satisfied that
systems and procedures are in place to mitigate exposure to the major risks. This includes the appointment of
solicitors to provide legal advi￿. accountancy and secretarial servI￿s. investment advisors to provide
conlinuous oversight of the trust's investment portfolio, and the trustees themselves have agreed to delegate
Gertain functions to those with appropriate skills to monitor the effective management of the trust and the
application of funds to fulfil their charitable objectives.
Plans for the future
The trustees are satisfied that their current policies are sufficient to meet their objectives and do not feel that
these will be amended in the foreseeable future. They will continue to review the position.
Structure. governance and management
Nature of governing document and charity constitution
The Charitable Trust was established by a trust deed dated 29th February 2008.
The trust was originally constituted by the introduction of a balance of cash for the purposes of inveslmenl and
the fulfilment of its charitable aims.

THE EDWARDS FAMILY CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Trustees
The trustees who served during the year and up to the date of signature of the financial statements were..
Simon William Edwards
an Richard Borrows
Jane Ann Dewhurst
William Richard Edwards
Rosemary Grace Edwards
Recrultment and appolntment of trustees
The power to appoint further trustees rests with the existing trustees who continue to review the future
requirements of the Charitable Trust and professional experience required when considering the appointment of
new trustees.
Organisational structure
The trust is a grant making Charitable Tnjst run by a body of tnjstees who meet annually to review the policies
and objectives of the trust. The trustees, in conjunction with the investment managers, ensure that a half yearly
report is provided which Confirms the investment managers adherence to the trustees. delegation of
responsibilities in terms of exercising the asset management function.
The trustees will then decide on the preferable charitable donations including identifying and liaising with
organisalions whose activities help fulfil the objectives of the Charitable Trust.
How decisions are made
The trustees liaise regularly amongst themselves and with their professional advisors formally twice a year lo
review the policies and objectives of the trust. The trustees act in accordance wilh the decisions made at these
meetings with the appropriate actions minuted.
Induction and training of trustees
Incoming trustees are made aware of their responsibilities and the trust's objectives from the existing trustees
and their professional advisors at the date of their appointment.
The trustees are kept up to date on relevant matters by their professional advisors.
Operational restrictions
There are no specific restrictions imposed on the trustees by the goveming document con￿mIng the way the
Charitable Trust can operate.
Special investment powers
There are no specific restrictions on the trustees investment powers. However, the trustees have decided to
provide guidance to the investment managers when exercising the asset management functions.

THE EDWARDS FAMILY CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Asset Gover for funds
The trustees are satisfied there are sufficient assets to meet the Charitable Trust's obligations.
The trustees, report was approved by the Board of Trustees.
Simon William Edwards
Trustee
Dated:
Alan Richard Borrows
Trustee

THE EDWARDS FAMILY CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE EDWARDS FAMILY CHARITABLE TRUST
report to the trustees on my examination of the financial statements of THE EDWARDS FAMILY
CHARITABLE TRUST (the Charitable Trust) for the year ended 5 April 2024.
Responsibilities and basis of report
As the trustees of the Charitable Trust you are responsible for the preparation of the financial statements in
aGGordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the Charitable Trusvs financial statements carried out under section
145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 145{5){b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordarte with
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and
Reporting by Charities.. Stalement of Recommended Practice issued on 1 April 2005 which is referred to in the
extant regulations but has now been withdrawn.
l understand that this has been done in order for financial statements to provide a true and fair view in
accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1
January 2015.
I have completed my examination. I confirm that no 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 respect of the charitable trust as required by section 130 of the 2011
the financial statements do not accord with those records., or
the financial statements do not comply with the applicable requirements conceming the form and content
of accounts set out in the Charities IAcGounts 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 have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the financial statements to
be reached.
Dated:
Anthony Bayliss
72 Waterpark Road
Prenlon
CH43 ORS

THE EDWARDS FAMILY CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOMEAND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2024
General
funds
Capital
funds
Total
2024
Total
2023
Notes
Investments
116,743
116,743
104,813
endi
Charitable activities
re on:
24.790
2,598
27,388
20,895
Net gainsl(losses) on investments
73,014
73,014
{184,858}
Net movement in funds
91.953
70,416
162,369
{100,940}
Fund balan￿S at 6 April 2023
931,930
1,746,732 2,678,662 2,779,602
Fund balances at 5 April 2024
1.023.883
1,817,148 2,841,031 2.678,662
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.

THE EDWARDS FAMILY CHARITABLE TRUST
BALANCE SHEET
AS AT 5APRIL 2024
2024
2023
Notes
Fixed assets
Investments
2.675.348
2.302,334
Current assets
Debtors
Cash at bank and in hand
11
16,840
372,434
170,097
170,097
389,274
Creditors: amounts falling due within
one year
12
(4.414)
{12,946}
Net current assets
165.683
376,328
Total assets less current liabilities
2,841.031
2.678,662
Income funds
Unrestricted funds - capital
Unrestricted funds - revenue
1,817,148
1,023,883
1.746,732
931,930
2,841,031
2,678,662
The financial statements were approved by the Tnjstees on .........................
Simon William Edwards
Trustee
Alan Richard Borrows
Trustee

THE EDWARDS FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
Charity infonnation
THE EDWARDS FAMILY CHARITABLE TRUST is a Charitable Trust. established by a declaration of trust.
1.1 Accounting convention
The financial statements have been prepared in accordan￿ with the charitable trust's trust deed, the Charities
Act 2011 and "Accounting and Reporting by Charities= Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 1021" (as amended for accounting periods commencing from 1 January 20161.
The Charitable Trust is a Public Benefit Entity as defined by FRS 102.
The Charitable Trust has taken advantage of the provisions in the SORP for charities applying FRS 102
Update Bulletin 1 not to prepare a Ststement of Cash Flows.
The financial statements are prepared in steding, vthich is the functional currency of the charitable trust.
Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. modified to include the
required revaluation of financial instruments at fair value.
1.2 Going concem
At the time of approving the financial statements, the trustees have a reasonable expectation that the
Charitable Trust has adequate resources to continue in operational existence for the foreseeable future. Thus
the trustees continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtheran￿ of their charitable
objectives.
1.4 Incoming resources
Income is recognised when the Charitable Trust is legally entitled to it after any performance conditions have
been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations or legacies are recognised on receipt. Other donations are recognised once the charitable
trust has been notified of the donation, unless perfomiance conditions require deferral of the amount. Income
tax recoverable in relation to donations re￿iVed under Gift Aid or deeds of covenant is recognised at the time
of the donation. However, it is not anticipated that any further cash donations or legacies are to be made to
the charitable trust.
1.5 Resources expended
Expenditure, including grants made. is recognisable when and to the extent that the liability is due and
payable.

THE EDWARDS FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
(Continued)
1.6 Fixed asset investments
Fixed asset investments are initially measured at transaction price including transaction costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in nel
incomel{expenditure) for the year. Transaction costs are expensed as incurred.
Fair value on fixed asset investments is measured as at Ihe balan￿ sheet date as follows=
Listed securities at mid-market value-
Listed securities held in foreign currencies al mid-markel value and translated into their sterling
equivalent at the accounting date-
Government securities at mid-market value and do not include interest accNed.
Unrealised gains and losses are included on the statement of financial activities.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-lerm liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities although il is nol anticipated that there will be any overdraft or short term
borrowing requirements.
Basic financial assets
Basic financial assets. which include debtors and cash and bank balances, are initially measured al
Iransaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the presenl
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Financial liabilities are ostensibly in respect of professional and accounting fees and represent obligations to
pay for services that have been required in the ordinary course of operations. Amounts payable are classified
as current liabilities if payment is due within one year or less. If not, they are presented as non-current
liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised
cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charitable trust's contractual obligations expire or are
discharged or can￿lled.
10-

THE EDWARDS FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Investments
Unrestricted Unrestricted
funds
funds
general
general
2024
2023
Income from listed investments
Interest receivable
112,580
4,163
103,287
1,526
116,743
104,813
Charitable activities
Charitable Charitable
Expenditure Expenditure
Governance
Grants
2024
2024
Total
2024
Total
2023
Grant funding of activities (see note 4)
24.490
24,490
16.700
Share of support costs (see note 5)
Share of governance costs (see note 5)
300
2,598
300
2,598
225
3,970
2,898
24,490
27,388
20,895
Analysis by fund
Unrestricted funds- general
Unrestricted funds - capital
300
2,598
24.490
24,790
2,598
16,925
3,970
2,898
24,490
27,388
20,895
For the year ended 5 Aprll 2023
Unrestricted funds- general
Unrestricted funds - capital
225
3,970
16.700
16,925
3,970
4.195
16.700
20,895
11

THE EDWARDS FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Grants payable
2024
2023
Grants to institutions {8 grants)
VAC
Southport Christmas Shelter
Progetto Itaca
Andrea BoGelli Foundation
Lathom Chapel Trust
Early Music as Education
Patchwork Project
Other
Queenscourt Hospice
Liverpool Biennial
400
2,000
4,323
3,567
1,200
6,000
6,000
1,000
1,200
6,000
7,000
1,000
1,500
24,490
16,700
Support costs
Support Governance
costs
costs
2024
2023
Bank charges
Accountancy Charges
Independent Examiner
Legal and professional
300
300
3,798
600
{1,800}
225
3,450
520
3,798
600
{1,800)
300
2,598
2,898
4,195
Analysed between
Charitable activities
300
2,598
2,898
4,195
Govemance costs includes payments to the independent examiner of £600 (2023- £5201 for independent
examination fees.
Trustees
None of the trustees {or any persons connected with them) received any remuneration or benefits from the
charitable trust during the year.
Employees
There were no employees during the year.
12-

THE EDWARDS FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Net gainsl(losses) on investments
Unrestricted Unrestricted
funds
funds
capital
capital
2024
2023
Revaluation of investments
73,014
1184,858)
Fixed asset investments
Listed
investments
Cost or valuation
At 6 April 2023
Additions
Valuation changes
2,302,334
300,000
73,014
At 5 April 2024
2,675,348
Carrying amount
At 05 April 2024
2.675,348
At 05 April 2023
2,302,334
10 Financial instruments
2024
2023
Carrying amount of financial assets
Equity instruments measured at cost less impaimient
2,675,348
2.302,334
Carrying amount of financial liabilities
Measured at amortised cost
4,414
12,946
11 Debtors
2024
2023
Amounts falling due within one year:
Other debtors
16,840
13-

THE EDWARDS FAMILY CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
12 Creditors: amounts falling due wilhin one year
2024
2023
Accnjals and deferred income
4,414
12,946
13 Analysis of net assets between funds
Revenue
2024
Capital
2024
Total
2024
Total
2023
Fund balances at 5 April 2024 are represented
by:
Investments
Current assetsl(liabilities)
2,675,348
{858.200)
2,675,348
165,683
2,302,334
376,328
1.023.883
1.023.883
1,817.148 2,841,031
2.678,662
14 Related party transactions
There were no disclosable related party transactions during the year {2023 -none).
14-

THE EDWARDS FAMILY CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE EDWARDS FAMILY CHARITABLE TRUST
I report to the trustees on my examination of the flnanclal statements of THE EDWARDS FAMILY
CHARITABLE TRUST (the Charitable Trust) for the year ended 5 April 2024.
Responsibilltles and basls of report
As the trustees of the Charitsble Trust you are responsible for the preparation of the financial ststements in
accordance wilh the requirements of Ihe Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the Charitsble Trust's financial slatemenls carried out under section
145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examinerfs statement
Your attention is drawn to the fact Ihat the charity has prepared financial statements in accordarce with
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
standard applicable in the UK and Republic of Ireland (FRS 1021 in preference to the Accounting and
Reporting by Charities.. Statemenl of Recommended Practice issued on 1 April 2005 which is referred to in the
extant regulations but has now been withdrawn.
understand that this has been done in order for financial statements to provide a true and fair view in
accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1
January 2015.
I have completed my examination. l Confirm that no matters have com8 lo my attention in conneGtion with the
examination giving me cause to believe that In any matèrial respecL'
accounting records wèrè not kept in respect of the charitable trust as required by sedion 130 of the 2011
Act., or
the financial statements do not a¢cord with those records., or
the financial ststements do not Gomply with the applicable requirements concerning the form and ttsntènt
of accounts set out in the Charttles (Accounts and Reports) Regulations 2008 other than any requlrement
that thè accounts glve a true and fair view which is not a matter consid&red as part of an independent
examination.
I have no contsms and have Come across no other matters in connection with the examlnatEon to which
attp tion should be drawn
this report in order to enable a proper understanding of the financial slatements to
ached.
ated=
Anthony Bayliss
72 Waterpark Road
Prenton
CH43 ORS