INDEPENDENT EXAMINER’S REPORT
THE WILLIAM WEBSTER CHARITABLE TRUST
Independent Examiner’s Report to the Trustees of The William Webster Charitable Trust
I report to the trustees on my examination of the accounts of The William Webster Charitable Trust (‘the charity’) for the year ended 5 April 2023 which comprise the summary of receipts and payments and the statement of assets and liabilities.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the 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 confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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➢ accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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➢ the accounts do not accord with those records.
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 accounts to be reached.
Nicholas Weller FCCA
For and on behalf of Simmons Gainsford Professional Services Limited
Chartered Accountants 14[th] Floor, 33 Cavendish Square London W1G 9PW Date: 23/1/2024 | 15:28 GMT
Trustees' Annual Report for the period
Period start date Period end date 06 April 2022 05 April 2023 From To
Section A Reference and administration details
Charity name
William Webster Charitable Trust
Other names charity is known by
Registered charity number (if any) 259848
Charity's principal address Zedra UK Trusts, Booths Hall, Booths Park 3, Chelford Road, Knutsford, Cheshire Postcode WA16 8GS
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Zedra Trust Company (UK) Limited |
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20
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Chartered Simmons Gainsford 14[th] Floor, 33 Cavendish Square, London, W1G 0PW Accountants Professional Services Limited
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
The Settlement Deed dated 27th October 1969 of William Percival Webster. Type of governing document (eg. trust deed, constitution) Trust
How the charity is constituted
- (eg. trust, association, company)
New trustee(s) can only be appointed by resolution passed by the current Trustee selection methods trustee(s). Such appointment would be confirmed by a formal deed. (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
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policies and procedures adopted for the induction and training of trustees;
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the charity’s organisational structure and any wider network with which the charity works;
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relationship with any related parties;
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trustees’ consideration of major risks and the system and procedures to manage
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them.
Section C Objectives and activities
The Trustee(s) distribute the income arising in accordance with the terms of Summary of the Trust in making grants to such various charitable organisations at their the objects discretion. It is the Trustee(s) policy to apply funds for charitable purposes in of the charity the North East of England principally Northumberland, Tyne & Wear, set out in its Durham, Cleveland towards the capital projects of charitable organisations governing only. document The Trustee(s) fulfils the aims incorporated in the governing document by investing the capital in quoted stocks and shares and appropriate deposit accounts. The Trustee(s) confirm that they have referred to the guidance Summary of contained in the Charity Commission’s general guidance on public benefit the main when reviewing the Trust’s aims and objectives and in planning future activities activities and setting the grant making policy for the year. undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
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Additional details of objectives and activities (Optional information)
The Trustee(s) fulfils the aims incorporated in the governing document by investing the capital in quoted stocks and shares and appropriate deposit You may accounts. The Trustee(s) distribute the income in accordance with the terms choose to of the Trust. include further statements, where relevant, about: • policy on grantmaki ng; • policy programm e related investment ; • contributio n made by volunteers .
Section D Achievements and erformance p
The trust fund received £76,640 income and during the year under review the Summary of the main Trustee(s) donated £113,000 to charitable organisations in accordance with the achievements of the charity governing document. during the year
Section E Financial review
At the financial year end the capital value of the trust was £2,485,722 and a Brief statement of the balance of £8,578 undistributed income was held. The capital is retained and charity’s policy on reserves invested to generate income to fulfil its charitable objectives.
It is the trustee’s policy to distribute all income arising in the trust after allowing for any operating expenses. Because of timing differences between receipt of income and the authorisation of grant payments a balance of undistributed income may be held in reserve at the year end and this will be carried forward and distributed in 2023/2024.
Details of any funds materially in deficit
Further financial review details (Optional information)
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You may choose to include additional information, where relevant about:
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the charity’s principal
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sources of funds (including any fundraising);
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how expenditure has
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supported the key objectives of the charity;
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investment policy and
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objectives including any ethical investment policy adopted.
Section F Other optional information
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) SARAH TAYLOR Position (eg Secretary, TRUSTEE Chair, etc) Date 28/9/2023
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| Our Ref: U1515 |
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|---|---|---|---|---|
| CHARITY NAME: William Webster Charitable Trust | ||||
| (Receipts and Payments Basis) Our Own Analysis :YES Accounting Statement for year ended : 05 April 2023 CHARITY NUMBER: 259848 |
||||
| UNRESTRICTED FUNDS | ||||
| RECEIPTS- INCOME Gifts and other voluntary receipts Tax reclaims Bank Account interest Stocks and Shares Dividends & Interest received Other Receipts (not counting as“Gross Income”) Total Receipts PAYMENTS- INCOME Payments directly for charitable purposes Donations-See Schedule Payments to Capital Funds Payments for management and administration including VAT Otherpayments- NorthernCounties ClubLunch Professional Charges Total payments Net of Receipts/Payments Cash funds last year end Cash funds this year end |
This year's amount to thenearest £ |
Last year's amount to thenearest £ 68691 68691 54500 112 54612 14079 31219 45298 ~~1 of 4~~ |
||
| 76640 | 68691 | |||
| 76640 | 68691 | |||
| 113000 | 54500 | |||
| 360 | 112 | |||
| 113360 | 54612 | |||
| -36720 | 14079 | |||
| 45298 | 31219 | |||
| 8578 | 45298 | |||
EXPENDABLE ENDOWMENT FUNDS
RECEIPTS - CAPITAL
| Gifts and other voluntary receipts Receipt from sale of investments Total Receipts PAYMENTS- CAPITAL Payments to Income Funds Payments for purchase of investments and other assets Other payments SG Auditors Fee Payments for management and administration including VAT GPP Custody Fees Total Payments Net of Receipts/Payments Cash funds last year end Cash funds this year end FOR ZEDRA TRUST COMPANY (UK) LIMITED |
Gifts and other voluntary receipts Receipt from sale of investments Total Receipts PAYMENTS- CAPITAL Payments to Income Funds Payments for purchase of investments and other assets Other payments SG Auditors Fee Payments for management and administration including VAT GPP Custody Fees Total Payments Net of Receipts/Payments Cash funds last year end Cash funds this year end FOR ZEDRA TRUST COMPANY (UK) LIMITED |
This year's amount to the nearest £ |
This year's amount to the nearest £ |
Last year's amount to the nearest £ |
|---|---|---|---|---|
| 0 | 0 | |||
| 0 | 0 | |||
| 0 | 0 | |||
| 0 | 0 | |||
| 0 | 0 | |||
| 28/9/2023 | ||||
| Trustee authorised to sign on behalf of all trustees | Date |
Trustee authorised to sign on behalf of all trustees Zedra Trust Company (UK) Limited UK Trusts Booths Hall Booths Park 3 Chelford Road Knutsford Cheshire WA16 8GS
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PERMANENT ENDOWMENT FUNDS
RECEIPTS - CAPITAL
| RECEIPTS- CAPITAL | |||
|---|---|---|---|
| Gifts and other voluntary receipts Receipt from sale of investments Total Receipts |
This year's amount to the nearest £ |
Last year's amount to the nearest £ |
|
| 39340 | 49604 | ||
| 39340 | 49604 |
PAYMENTS - CAPITAL
| Payments to Income Funds | ||||
|---|---|---|---|---|
| Payments for purchase of investments and other assets | ||||
| Other payments SG Auditors Fee | 720 | 720 | ||
| Payments for management and administration including VAT | 39337 | 44863 | ||
| GPP Custody Fees | 1546 | 1656 | ||
| Total Payments | 41603 | 47239 | ||
| Net of Receipts/Payments | -2263 | 2365 | ||
| Cash funds last year end | 36604 | 34239 | ||
| Cash funds this year end | 34341 | 36604 |
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STATEMENT OF ASSETS AND LIABILITIES
| CASH FUNDS | CASH FUNDS | INCOME Unrestricted funds to nearest £ |
INCOME Unrestricted funds to nearest £ |
CAPITAL Endowment funds Expendable or Permanent to nearest £ |
|---|---|---|---|---|
| Current | 8578 | 34341 | ||
| Deposit | ||||
| INVESTMENT ASSETS | ||||
| Stocks and Shares | 2451381 | |||
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U1515 William Webster Charitable Trust
Year Ended 5 April 2023 Donations
| Date Charity 25/05/2022 Great North East Air Ambulance 25/05/2022 Cleveland Housing Advice Centre 25/05/2022 Frozen Light Theatre 25/05/2022 Happy Days 25/05/2022 Headway Tyneside 25/05/2022 National Axial Spondyloarthritiss 25/05/2022 NorthEast STEM Foundation 25/05/2022 Northumberland County Blind Ass 25/05/2022 Northumberland Hospital Radio 25/05/2022 Open Door (North East) Charity 25/05/2022 Panathlon Foundation Ltd 25/05/2022 Pennywell Neighbourhood Centre 25/05/2022 Prisoners Advice Service 25/05/2022 Teesside Ability Support Centre 25/05/2022 The Charles Young Centre 25/05/2022 The Chronicle Sunshine Fund 25/05/2022 Jack Charlton Disabled Anglers A 25/05/2022 The Smallpeice Trust 25/05/2022 Tyneside Outdoors 15/11/2022 Sunderland Women's Centre 15/11/2022 Motor Neurone Disease Association 15/11/2022 Caudwell Children 15/11/2022 Headway Darlington and District 15/11/2022 PBC Foundation 15/11/2022 Crohn’s & Colitis UK 15/11/2022 Welcome to our Future 15/11/2022 Blue Sky Trust 15/11/2022 Newlife the Charity for Disabled 15/11/2022 British Dyslexics 15/11/2022 Asthma Relief 15/11/2022 The Hindmarsh Hall 15/11/2022 Catcote Futures 15/11/2022 Level Water 15/11/2022 Charlotte Straker 26/11/2022 The Heart of the City Partnerships 18/03/2023 The Message Trust 18/03/2023 Spennymoor Town Band 18/03/2023 The Hextol Foundation 18/03/2023 Ballet l'Orent 18/03/2023 Newburn Sea Cadets 23/03/2023 Hand Of 23/03/2023 Pelton Youth Project 25/03/2023 St George's Church, Fatfield 25/03/2023 JPC Community Farm 25/03/2023 The Living Paintings Trust 25/03/2023 Parkfield Lighthouse 30/03/2023 Blyth Star 31/03/2023 Whizz-Kidz |
Amount 5,000 3,000 1,000 2,000 1,500 2,000 2,000 3,000 2,000 3,000 2,000 3,000 1,500 2,000 3,000 3,000 500 2,000 3,000 2,000 3,000 3,000 3,000 2,000 2,500 1,500 1,500 3,000 2,500 2,000 3,000 3,000 1,000 3,000 1,500 1,500 1,000 2,000 2,000 4,000 3,000 3,000 5,000 2,000 1,000 1,000 3,000 2,500 |
|---|---|
| 113,000 |