**REGISTERED CHARITY NO: 1178201 (CHARITY COMMISSION)**
**The Williams-Gray Foundation**
**Annual Accounts**
**for the period ended 31 March 2022**
**The Williams-Gray Foundation.**
## **Contents of the Annual Accounts for the period ended 31 March 2022**
||**Page**|
|---|---|
|**Charity Information**|1|
|**Trustees’ annual report**|2|
|**Breakdown of donations**|3|
|**Statement of financial activities**|4|
|**Balance sheet**|5|
|**Notes to the Annual Accounts**|6|
|**Independent examiner’s report**|7|
**The Williams-Gray Foundation.**
## **Charity Information**
**CHARITY NAME:** The Williams-Gray Foundation **REGISTERED NUMBER:** 1178201 (Charity Commission) **POSTAL ADDRESS:** Greenhill Russells Water Henley on Thames Oxfordshire RG9 6ER **TRUSTEES:** Mr C S Gray Mrs N A Williams-Gray Miss G Williams-Gray Miss V A Williams-Gray **ACCOUNTANTS:** Buffery & Co Ltd 2 West Street Henley on Thames Oxfordshire RG9 2DU
Page 1
## **The Williams-Gray Foundation.**
## **Trustees’ annual report For the period ended 31 March 2022**
The Trustees present their annual report and financial statements of the charity for the period from incorporation to 31 March 2022.
## **Achievements and Performance**
The Charity was formed on 1 May 2018. The first funds were disbursed during 2018.
## **Financial Review and Policy on reserves**
The Trustees seek to maximise the resources available to the charity. They have taken no expenses or remuneration and will, in the future, consider investing the funds available prudently so that regular income can be generated to support the objectives of the Charity. Income during the year consisted of donations and gift aid receipts from HMRC that were automatically collected by intermediary donation services.
## **Structure Governance and Management**
The Foundation is a Charitable Incorporated Organisation, with a constitution and objects approved by the Charities Commission. The Trustees keep a tight control of expenditure and approve all disbursements.
## **Objectives and Activities**
The main objective of the charity is to advance any purposes which are exclusively charitable under the law of England and Wales from time to time by providing grants to charities or other non-profit organisations identified by the trustees at their discretion. Last year as a result of Covid 19 all fund-raising activities that had been planned for the year were wither cancelled or postponed.
This year we were able to hold our main fund-raising event the “G in the Dark” music festival in September which raised just over £72,000 which has as we had hoped significantly improved the financial position of the charity and its ability to provide the much needed support to local charities.
The Trustees have already made donations totalling over £20,000 to 17 individual charities and it is our intention to continue to provide much needed support to these and other charities over the next 12 months.
Page 2
## **The Williams-Gray Foundation.**
## **Breakdown of donations for the year ended 31 March 2022**
This was the third period of operation. Donations were made as follows:
|Braywick Charitable Trust
Save the Children
Cool Earth
Air Ambulance
Openwork Foundation
Anne Vallis Wheelchair
Crackerjacks
Openwork Foundation
Riverside Counselling
Dogs on the Streets
Homeless Oxfordshire
Cares 4 Calais
Riverside Boat Trust
Openwork Foundation
Spectrum Counselling
Spectrum Counselling
Spectrum Counselling
DEC Ukraine
Meals From Marlow|£
1,000
250
250
1,000
650
832
1,000
10,000
150
500
1,000
1,000
500
100
360
540
90
100
1,000|
|---|---|
||20,322|
## **SIGNED ON BEHALF OF THE TRUSTEES:**
Mr C S Gray – Trustee
Date
Page 3
## **The Williams-Gray Foundation.**
## **Statement of financial activities for the year ended 31 March 2022**
|
**Incoming resources**
Donations received
Gift Aid from HMRC
Total Incoming resources
**Resources expended**
Donations
Festival expenses
Just giving fees
Bank charges
Accountancy and administration
Examination fee
**Total resources expended**
Net incoming/(outgoing) resources
Net surplus brought forward
Net surplus (deficit) carried forward|Year ended
31 March 2022
Year ended
31 March 2021
£
£
72,154
13,550
72,154
13,550
20,322
3,350
12,419
867
72
-
18
-
450
360
450
360
33,731
4,937
38,423
8,613
19,572
10,959
57,995
19,572|
|---|---|
Page 4
## **The Williams-Gray Foundation. (Registered Charity number: 1178201)**
## **Balance Sheet as of 31 March 2022**
|**Current Assets**
Cash at Bank
**Current**
**Liabilities**
Loan from
Trustees
Accrued
Expenses
Net Current
Assets
(Liability)
**Financed by**
Surplus/(Deficit)
for year
Surplus/(Deficit)
b/fwd
Reserves|2022
£
-
900|58,895
(900)
57,995
38,423
19,572
57,995|2021
£
20,292
-
720
(720)
19,572
8,613
10,959
19,572|2021
£
20,292
-
720
(720)
19,572
8,613
10,959
19,572|
|---|---|---|---|---|
|||||19,572|
|||||8,613
10,959|
|||||19,572|
The annual accounts were approved by the trustees on and were signed by:
Mr C S Gray
(Trustee)
Page 5
**The Williams-Gray Foundation. (Registered Charity Number 1178201)**
**for the year ended 31 March 2022**
## **Notes to the Annual Accounts**
## **1. Basis of preparation**
## **Basis of accounting**
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with Charities SORP (FRS 102); and with the Charities Act.
## **2. Accounting policies**
## **INCOMING RESOURCES**
## **Recognition of incoming resources**
These are included in the Statement of Financial Activities (SoFA) when:
- the charity becomes entitled to the resources;
- the trustees are virtually certain they will receive the resources; and
- the monetary value can be measured with sufficient reliability.
## **EXPENDITURE AND LIABILITIES**
## **Liability recognition**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## **Governance costs**
Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.
## **3. Details of certain items of expenditure**
|**Trustee expenses**|**2022**|**2021**|
|---|---|---|
|No expenses were paid in period|||
|**Professional Fees**|||
|Independent examiner’s fees for reporting on the accounts|£450|£360|
|Other fees for accountancy and administration|£450
|£360|
|**Administrative Costs**|||
|Expenses incurred preparing of G in the Dark Music Festival|£12,419|£867|
|Bank charges|£18|-|
|Just giving fees|£72|-|
|**4. Accrued Expenses**|||
|Professional fees accrued for but not paid at year end.|£900|£720|
## **5. Transaction with related parties**
The trustees received no remuneration or re-imbursement of expenses during the year.
Page 6
## **Independent examiner’s report**
## **on the Accounts of the Williams-Gray Foundation. for the year ended 31 March 2022**
We report to the trustees of The Williams-Gray Foundation. (charity number: 1178201) on the accounts for the period ended 31 March 2022 set out on pages 2 – 5 of this report.
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
In connection with my examination, no matter has come to my attention
1. which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mark Buffery FCA
Buffery & Co Ltd 2 West Street Henley on Thames Oxfordshire RG9 2DU
Page 7