## **Trustees' Annual Report for the period** Period start date Period end date 06 April 2023 05 April 2024 **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
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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|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| **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** Type of governing document The Settlement Deed dated 27th October 1969 of William Percival Webster. (eg. trust deed, constitution) How the charity is constituted Trust - (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 them. **TAR** March **2012** ## **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)** ## **Additional details of objectives and activities (Optional information)** **TAR** March **2012** 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 £78,162 income and during the year under review the **Summary of the main** Trustee(s) donated £72,000 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 £2,596,462 and a **Brief statement of the** balance of £15,831 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 2024/2025. **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** 20/11/2024 **TAR** March **2012** ## **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 2024 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: 23/2/2025 | 12:39 GMT **CHARITY NAME: William Webster Charitable Trust** ## **CHARITY NUMBER: 259848** **Accounting Statement for year ended : 05 April 2024** (Receipts and Payments Basis) Our Own Analysis : **YES** **Our Ref: U1515** ## UNRESTRICTED FUNDS ## **RECEIPTS - INCOME** This year's amount to Last year's amount to the nearest £ the nearest £ **----- Start of picture text -----**
Gifts and other voluntary receipts
Tax reclaims
Bank Account interest
Stocks and Shares
Dividends & Interest received 78,162 76,640
Other Receipts (not counting as “Gross Income”)
returned payment Credit Ubion 1,500
Total Receipts 79,662 76,640
PAYMENTS - INCOME
Payments directly for charitable purposes
Donations - See Schedule 72,000 113,000
Payments to Capital Funds
Payments for management and administration including VAT
Other payments - Northern Counties Club Lunch 409 360
Professional Charges
Total payments 72,409 113,360
Net of Receipts/Payments 7,253 - 36,720
Cash funds last year end 8,578 45,298
Cash funds this year end 15,831 8,578
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1 of 4 EXPENDABLE ENDOWMENT FUNDS ## **RECEIPTS - CAPITAL** **----- Start of picture text -----**
This year's amount to Last year's amount to
the nearest £ the nearest £
Gifts and other voluntary receipts
Receipt from sale of investments 40,846 39,340
Total Receipts 40,846 39,340
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## **PAYMENTS - CAPITAL** **----- Start of picture text -----**
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 39,406 39,337
GPP Custody Fees 1,515 1,546
Total Payments 41,641 41,603
Net of Receipts/Payments - 795 - 2,263
Cash funds last year end 34,341 36,604
Cash funds this year end 33,546 34,341
FOR ZEDRA TRUST COMPANY (UK) LIMITED
20/11/2024
Date
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**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** 2 of 4 ## PERMANENT ENDOWMENT FUNDS ## **RECEIPTS - CAPITAL** Gifts and other voluntary receipts Receipt from sale of investments **Total Receipts** This year's amount to Last year's amount to the nearest £ the nearest £ - - ## **PAYMENTS - CAPITAL** **----- Start of picture text -----**
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
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3 of 4 STATEMENT OF ASSETS AND LIABILITIES **INCOME CAPITAL** Endowment funds Expendable or Unrestricted funds Permanent **CASH FUNDS** to nearest £ to nearest £ Current 15,831 33,546 Deposit **INVESTMENT ASSETS** Stocks and Shares 2,562,916 **----- Start of picture text -----**
Stocks and Shares 2,562,916
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4 of 4 **The William Webster Charitable Trust Year ended 5th April 2024 Schedule of Donations** ## **£** |Cramlington Voluntary Youth Project|2,000| |---|---| |Motor Neurone Disease Association|2,000| |West End Refugee Service|1,500| |Darlington and District Hospice M|2,500| |Sunderland Guild of Help|1,000| |Douglas Bader Foundation|2,000| |Northumbria Calvert Trust|5,000| |Derwenthaugh Boat Station|5,000| |Calibre Audio|1,500| |HospiceCare North Northumberland|5,000| |Baby Equipment Loan Service and To|500| |Stockton -on -Tees Sea Cadet Corp|2,000| |Pallion Action Group|1,500| |Kirky Fleetham Village Hall|3,000| |The Northumberland Log Bank|1,500| |Barclays Trust Company|1,500| |West Northumberland Food Bank|3,000| |Community Safety Education|1,000| |BRITISH DISABLED ANGLING ASSOC|2,000| |BRITISH DYSLEXICS|1,000| |BUTTERWICH HOSPICE CARE|3,000| |CANCER SUPPORT UK|3,500| |CONTACT MORPETH MENTAL HEALTH GROU|3,000| |COPING WITH CANCER NORTH EAST|3,000| |MACMILLAN CANCER SUPPORT|3,000| |MARINE SOCIETY & SEA CADETS|5,000| |NEURO KEY|1,000| |REACT|3,000| |SPLASH|3,000| **72,000**