## THE WILLIAMS FAMILY CHARITABLE TRUST Report of the trustees for the year ended 31 Dec 2024 The trustees present their report along with the Receipt and Payment accounts of the charity for the year ended 31 December 2024. The accounts have been prepared in accordance with CC 16a. Principal Address: Barry Landy 192 Gilbert Road Cambridge CB4 3PB Constitution and charitable objectives The Williams Family Charitable Trust is constituted under a trust deed dated 16 November 1959 and is a registered charity number 255452. The objects of the charity are to apply the income in perpetuity for such purposes as the trustees in their absolute discretion think fit. ## Management and organisation Ultimate control of the Trust rests with the trustees who are responsible for the day to day management of the investments and affairs of the Trust. The trustees who have served during the year and since the year end are as declared on the Charity Commission website. Grants and donations policy The trustees decide on the grants and donations to be made within the scope of the Trust's objects. The trustees' policy in recent years has been to support diversified charitable causes. Financial review and investment policy The Trust was established by the late Mr Walter Nathan Williams in November 1959 who made a capital donation to the Trust which established the trust's original endowment. The endowment fund has increased over the years as a result of net gains on investments. The income from the endowment fund represents unrestricted income which can be used for charitable purposes. The Trust's quoted securities are managed by the trustees. The policy is to aim to achieve maximum return on an acceptable level of risk. During the year under review income Donations, Grants and overheads totalled are as in the attached accounts. ## Reserves policy The reserves policy of the unrestricted fund, which represents the free reserves of the charity, is to utilise these reserves in part or in whole in accordance with the grants and donations policy at the trustees' discretion. Risk management The affairs of the Trust are on a small scale and are currently handled directly by the trustees. The Trustees monitor the performance of the investments but they do not consider that additional risk management procedures are necessary for a Trust of this size. Since 1 Jan 2016 Rathbones Fund Management have managed the major part of the Endowment fund on our behalf, with instructions to raise the interest to a target of 5 % at low risk. Signed on behalf of the trustees . Barry Landy, CHARITY COMMISSION FOR ENGIAND AND WALES Receipts and payments accounts CC16a For th• p•rfod To 01-Jatr24 31-C*c-24 Section A Receipts and payments fund¥ funth fund• Totsl fund• L4•t y••r to th• É toth• lh• rn•rn•te tot1* rnW••l e b)th• n••r•rt£ A1 R•c•l [hwrt￿dI4ThJ Intwo•t 03,126 ARJ $3,125 *n . Totsl r•c•lpts A3P• •nt• ACCOUNTANCY ÈXPENSES 979 STFIIBUTIONS 88,100 Sub tot•1 31.810 10 67.169 A4 A•••t and InvMtrn•nt urch•• ••? tsb Sub to 36.510 JB,510 57.159 N•t ofrn¢•1pW(paym￿tsj AS Trang1•rn botWg•n funds A8 C••h lund• la*t y•ar •nd $h funds thls ymr fjnd 17,12 17,12 73. 66.10 CCXX R1 accounts Issi Section B Statement of assets and liabilities at the end of the period Unr•8triet•d fund• RÈ¥tricted fund# to rwro¥t£ Endowrnerrt funds to r*•mi£ B1 C••h fvnd$ Total cash funds fund* fund8 Oet•ll* to Fund to *thl¢h Curf•nl ¥•lu• Detalls C(XF B3 Inv••tm•nt a•••ts 14,211 COIF 3.866 1J41.030 Fund to*lb Curr•rrt v•1 Delail• B4 A880ts r•taln•d for th• ¢harity'8 own u•• Fund to whkh Amount du• Wh•n du• on•1 Detalls B6 Llabllltl•8 SvJned by one or h*) t￿t•8$ tehalf gf the trustees Prknt N8m8 Date of oval 10 CCXX R2 accounts ISS) CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of LLIAMS FAMILY CHARITABLE TRUST On accounts for tho year •ndod 31 DECEMBER 2024 Charlty no (If any) 255462 S•t out on pages 1 and 2 of CC16a I report to fv trustees on my examination of the accounts of the above charity (Ihe Trust") for the year ended 3111212024 Rèspon81bllltles and As the charity trustees of the Trust. you are resp)nsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Acr). I report In respect of my examination of Ihe Trusys accounts carrbed out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Direclions given by the Charity Commission under section 145(5Xb) of the A¢L I have c¥)mpleted my examination. I conffirm that no m8t8ri81 matt8rs have (x)me to my attenlion in cx)nnection with the examinalion vthich gives me cause to believe that in. any material respect: accounting re￿d$ were r￿t kept in accord8n¢e wsth sectlon 130 of the Act or the accounts not accord with ts accounting records Independent examlner's statomont I have no Conce￿ and have (xTh across no other matters In connection wlth the examination to whith attention sh￿Id be drawn in ¢)rder to enabl8 proper urKlerstandiNJ of the accounts to be rea¢*￿d. SIgn￿. 10 Juno 2025 Name: G HOCHMLrrH Relevant profosslonal quallfl¢atlon(s) or body (If any): ICAEW Addross: 81 Hlghfield Drlve Llttleport Ety C86 1GA Section B Disclosure Only complete rf the examiner needs to highlight rnatte￿ of o)n¢em {see CC32. IndeperKlent examination of charity a(xounts: directions and guidance for examiners). IER October 2018 Section B Disclosure Only complete if the examiner needs lo highlight matters of concem (see CC32, Independent examination of chanty accounts: directions and guidance for examiner5). Glve here brlef delalls of any items that the examlnor wlshes to disclose. IER October 2018