## **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:
- ➢ accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- ➢ 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**
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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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**TAR**
March **2012**
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:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage
**TAR**
March **2012**
## 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)**
**TAR**
March **2012**
## **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)**
**TAR**
March **2012**
You **may choose** to include additional information, where relevant about:
- the charity’s principal
- sources of funds (including any fundraising);
- how expenditure has
- supported the key objectives of the charity;
- investment policy and
- 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
**TAR**
March **2012**
|||||**Our Ref:**
**U1515**|
|---|---|---|---|---|
||**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
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|||76640||68691|
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|||76640||68691|
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|||113000||54500|
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|||360||112|
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|||113360||54612|
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|||-36720||14079|
|||45298||31219|
|||8578||45298|
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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 £|
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|||||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 £|
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||39340||49604|
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||39340||49604|
## **PAYMENTS - CAPITAL**
|Payments to Income Funds|||||
|---|---|---|---|---|
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|Payments for purchase of investments and other assets|||||
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|Other payments SG Auditors Fee||720||720|
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|Payments for management and administration including VAT||39337||44863|
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|GPP Custody Fees||1546||1656|
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|**Total Payments**||41603||47239|
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|**Net of Receipts/Payments**||-2263||2365|
|**Cash funds last year end**||36604||34239|
|**Cash funds this year end**||34341||36604|
3 of 4
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|
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|Deposit|||||
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|**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|