The Alfred Williams Charitable Trust
Financial Statements
Year ended 5th April 2024
Penn and Company
Advi

The Alfred Wllll#ms Charitsble Trnst
Financial $tatemeDts for the
ear ellded Stb A
ri12024
CoDtents
Page
Charity inforniation
Truslees, report
Indep¢ndenl examine¢s report
s￿tement of financial activities
Balance sheei
Notes to the financi￿ siatrmenls
7- 10

The Alfred Williams Charitsble Trust
FiDalleial st•lemellts for tbe
e¥4r ended 5th A
ri12024
Chxrity iDformatioD
Legal structure
An unincortx)ratrd T￿￿t Fund 0￿Ming under the founding
Trust Deed dated 4th April 1973 settled by Mr Alfred Williams.
Register¢d charity number
206652
Registered ￿dresS
Haughley Park
Stowinarket
Suffolk
IP143JY
Trustees
Mr P Clarke JP BA ACIB
Mrj H Penn BA FCA CTA
Mr R J Williams MA M
Dr L R Williams Bsc MB ChB
Correspondence address
12a Simp50n Way
Barrow
Bury Si Edmunds
Suffolk
IP29 SEA
Website
mvw.alfredwilllamscharitabletr￿i.Or8
Telephone
07917 509009 {K& Bow& administr￿Or)
E-mail
fredwilliams¢harlthbletn￿￿gmall.cOM
Bankers
Barclavs plc
Leicesier
LE87 2BB
Solicitors
Birkells
ProN'iden¢e House
141-145 Princes Streei
Ipswich
Ipi IQJ
Investmeni managers
JM Finn & Co
60 Abbeygate Street
Buo. St Edmunds
IP33 ILB
Independent examiner
Mr David Gould ACA
7 Karen Close
Ipswich
IPI 4LP

The Alfred Williams Charxtable Trust
Tru5tees' Re
rt for ihe
ear ended 5th A ri121I24
AdJniDiltr8llOD. Policy *nd Obie¢tives
The Charity is managed irt accordan¢e wilh the provisions of the founding Trusr Deed dared 4th April
1973 which gives the Trustees dis¢reiionary ww¢r w apply the in¢ome and. Since the d￿h of the
settlor Alfred Williams MBQ the capital of the Tnjst to a wide range of charilable objeeiives.
In practice. beÈn8 a small ¢TUSi and following gutdelines recommer￿ed by the settlor. the c￿￿ent Folicy
of the Trusttts is to apply only the incom¢ of the Trust mainly to environmentsl and social ￿SeS in the
county of Sllffolk with a bi&s ￿wordS preservation or reg¢nerdrion of th¢ built heritsge. amenity and
landscape of the County. Don￿￿OnS io social Ca￿seS are either for start-up projects. or f￿ mode510n-
goin8 SUPPOn to groups involved Jn voluntsry care. education. theatre. music and youth and community
projects. Dortalions are noi made to individuajs.
The Trustees have considered the Charity Commissioners. guidance on public Efnefii and have
conclud¢d that the Trusvs gran¢ making role is for the public benefit.
Reernitment and Tr#lnlng of Trusttts
The pow¢rof appoiniment is vested with exiMin8 IfiLSlttS. Apwitmnents are made on the basis of
ability and experience conSide￿d to be of bcnefii ￿ the TrntsL J H PenN P D CLgrk4 R J Williams and
L R W*lliams held office &s ￿￿¢¢$ thoughout the year.
Training. which involves awartness of a tr￿Slee.$ responsibrlities. the governing docum¢nL
3dmini5trdiive pn)cedures and the hisrory of the tWSL is undertaken by allendance at seminars and from
ioforrnation obtained from tekvant websitrs inc1￿1]￿g that of the Ch¥ity Commission.
Grants •w#rded in 202&24
In PUTsuance of Ihe charitys stated objcctive5. 44 Wies re¢eivd grants in the year ended 5th April
2024 tot￿lIng £75,150. This w&$ within th¢ y¢aes inve5rrneni income of administration expenses.
The sector distribution of these grants was as follows..
- 9 grant5 ￿(￿ling £19.500 were made ￿ churches for fabric Tepairor amenÈty projects-
- 7 granL8 ￿tallIng £8.IK)O was made io namrdl enviyonmental causes:
- 15 gfdnts ￿¢￿liA¥ £32.300 were made ￿ man-made heritage callses
- 5 grdnts totallin¥ £5,000 We￿ made ￿ music. literary" artd drdma causes;
grants totslling £10.i50 were made ￿ 9xiaJ welfare causes.
A fi]11 Itst of grants madc ts included on pa8¢ 8.
Fln4Rce. Reserves #Dd Risk A$stssment:
As may be se¢n in the Statemeni of Firtancial Actsvities. the MO￿ement in funds for the year was an
appreCi￿i0n of £285.OOi12023.. det¢rioration of £219259). The appreciation is due ￿ ¥airts. iM)th
realised and unrealisd. rn￿e on inv¢sthients.
The main focus of the inve5mient polt¢y of the trustees is ro nuit)rain the value of the ￿p1th1 in inflation
justed term5 and. subjea w thaL ￿ m￿lM]se incorne.
A totaj of £5,165 {2023= £4.788) wa5 spent on administrativ¢ Costs and £19.88212023= £19J701 on
inv¢stm¢nt managemeni costs. which truste¢$ co￿lder￿CeeP18blc.
The reserves w)licy of the trustees 15 to accumulatr a pro￿￿0￿ of income when possible in order to
provide resour¢¢s ￿ enablc the Trust ￿ continue a rrasonable level of grani-making activity during
per20ds of lower in¢ome. An anricipated yeavs worth of grdnts1£75,0001 is eotJ$iderrd w Et an
appropria￿ level of reserves.
The in]siees, through p¢riodt¢ mcetings and discussions, regularly consider wjssible risks ￿ the Charity.
its ￿ets and reputation and thke appropria¢ aaions to minirnise th¢s¢.

The Alfred Williams Charitable Trust
Tr￿tee5, R¢
rt
continued) for th¢
ear ended Sth A rll 2024
Trnstees. responsibilities
iAW applithle ￿ chartties in England & Waks requires the trustees to P￿pare rtnancial stst¢mettts for
each fjnanCl￿ year which give a tnle aod fair view of the ¢harity s fjnancial a¢iJviiie5 during the year
and of its financial PK)sition ai the end Of the year lunless the chaty is entitled to prepare accounts ofi
the aliemative receipts and payments basis). In preparing financi￿ sthtements giving a rne and fair
view. the trustees should follow bcst practice and..
S¢le¢i suithle accounttt)g ￿11¢1¢5 and ihen apply thern consistentJy-
- Observe the methods and principles of th¢ Charities SORP-
- Makejud¥ements and esiimaies thai are reasonable and pwdent
- State whdhcr applicable accouniing Sthndards and sratemenrs of recommended practice have
beet) follow￿. 5ubjcct to any departure5 disclosed and explained in the fttIan¢1￿ $￿eMents.
- Prepare the financial sth*ments on the going concun basis unless it Is Iiiappropriai¢ lo presume
thai the charity will continue tn operation.
The in]skes are responsible for the kecping of a¢￿￿￿tIng records which disc105e with reasonable
a¢¢ura¢y the financial [￿)sItIon of th¢ ¢han"ty and which enable theffl ￿ ensure that th¢ financial
stsiemcnts cornply with the provisiorks of the Trust Deed ￿ th¢ Charities Act 2011 and th¢ Charity
IA¢¢ounts ar¥J RerK>rtsl Regulations 21￿8. They are also resw)nsiblc for safeguarding the assets of the
charity and hence for tsking reasonable ￿ep5 for the prev¢niioo ar￿ deteaion of fraud artd other
irregulariiies. The tnJst¢es art resp¥)nsible for th¢ maintrnance and in*grity of the charity and finan¢ial
inforniation incI￿¢kd on the chariry'5 websile.
Report *nd *ctounts •pprov#l
This report iogeiher with the attached finan¢ial ST*ments. comprising of a sthtement of financiat
activities balance sheet and related ft0￿. wert approved and signed by the Trustees ar their meeiing
R J Williams
JHPenn

The Alfred Williams Cb#ritable Trnst
Inde
ndenl examiner's re
rt OD the a¢¢ounts for the
e*r ellded 5th A
ril 2024
I report lo the tru*ees on my examination of the a¢counts of the Alfred Williams Charitsble Trust
("Ihe Charity") for the yvdr ended 5th April 2024 which are set out on pages 5 to 10.
Responsibilities and basis of report
As the Charitys trustees you are rewnsibl¢ for the preparntion of the accounts in accordance
with the requiremetits of the Charities Act 2011 {"the Aa-)-
I report in resFttt of my examination of the Charitys accounts carried out under section 145 of
the Act and in carrying out my examination, I have followed all ihe applicable Directions given
by the Charity Commission under section 14515Kb) of the Act.
Independent examlner's ststement:
I have completed my examination. I confimj that no material matters have come lo my attention
in conne¢tion with the exarnination which give me caLLse to believe thaL in any material respect=
the accounitng ￿CordS were nor kept in accordance with section 130 of the Charities A¢t' or
the accounts did not accord with the accounting records- or
the accounts did nol comply with the applicable requirements concerning the forni and
conteni of accounls set out in the Chartties (Accounts and Reports) Regulations 2008 other
than any requir¢ment that the accounts give a'true and fairf view which is not a matter
considered as part of the independeni exami[￿tion.
I have no concerns and have come across other matters in conneclion with the examination
to which attention should be drawn in this rep)rt in order to enable a proper understanding of the
accounts to be reached.
Date: Iq J LL
Signatllre:
Name:
David Gould ACA
Relevant profession or body:
ICAEW
Address:
7 Karen Close. Ipswi¢h, IPI 4LP

The Alfred Williams Charitable Trusi
Staternent of Financial Activities for the
ear eDded ith A ril 2024
Restrieted
Income
ds
Unrestricted
funds
Tot*1
2024
To¢al
21123
IncomiDg resourtes
Interest and dividends from investmen
Interest on bank deposit accouni
),040
480
90.i?O
90.040
480
90,520
82.951
83,045
Resourees expended
DonatÉons and grants
Legal. professional and administrative fees
Investmeni manag¢meni fees
Foreign ￿ on overseas dividends
75.lio
5.165
19,882
2.9?5
103.122
75.150
5,165
19,882
?,9?5
103,122
69.400
4,788
19.370
2,693
96.251
Net outgoi￿% regourcts
(12,602)
(12.602)
(13206)
Other rerogTrised galths
Gains/{losses) on quoied investment assets
297,604
297.604
1206.053)
Net movement im fumds
285.002
285.002
(219259)
To¢*1 funds brougbt fonvard
3,602.133
3,602.133
3.821.392
Total funds ￿rrIed fonward
3,887.135
3,887.135
3,60? 133

The Alfred Williams Charttable Trust
BalAnce Sbeei #s at 5th A ril 2024
2024
2023
Fixed assets
Investments in quotrd and similarty traded companies
Cash dewsits held ￿ tnvestsnent managers
3,842.977
8,391
3.851.368
3,557.089
14.034
3.571.12i
Current asset$
Cash at bank
37,677
37.677
32,670
32.670
Creditors: amounts falliTrg due witbin oll¢ yur
1,910
1.660
turreDt *ssets
35.767
31,010
Net assets
3,887.135
3.602,133
Funds of the Cb*rity
Unrestricted funds
Designated funds
Total unrestricted fvnds
3.887.135
3,602.133
i.887,135
3.602,133
Restricted income fimds
EndowThent fimds
Total fuDds
3.887 135
3,602, IJ3
All the funds within the balance shed are unreslricied fiJn&.
Approved by the Tn]5tees on OLA
R J Williams
JHPenn

The Alfred Willlams Cb3rit&blt Trn5t
Note5 to the fiDaDci&I staiements for the
ear ended Sth A rS12O24
Basis of PTep*rAtion
These ¥￿unts have been prerAred on the trAsis of histori¢41 iextept thal
investments ate shown at market value) in aCC￿d￿ with the Ststement of
Recommended Pradice.. A¢¢ountin8 and Rewrting by Charities aThJ in acc4)rd8mCe
ith Ihe Financial Reporting SiandaTd applicable in the UK (FRS 1021 issued on
16 Ju]J' 2014 and with the Charitics Act 2011.
Intoming resources
RteogDItion t)f I￿L￿mIng T¢s￿ree5
These are included in the s￿¢￿¢￿ of Financtal Aciivitie5 ISOFAI when..
- the Chariry becomes eniiiled ￿ the resources:
- it is more likety than not that the trn$￿S will receive the resou￿ and
- the monetsry value can be measurcd sufficient reliability.
Investn*tti Ineorne
This is included irt the accounts when rtteipt is wobtsble and the arnount receivable
can be measured reliabty.
Investnvttt P1115
This includes any goin or Ios5 on the sale of invesmients aT￿ any gatn or loss
resulting from revalutng investsnents to market ¥￿u¢ at the eTMI ofthc year.
Taxatio
The charity's aaiwties are ¢wsidered liable to UK income or capital gatns rax. but
the charity Ik)es incur foreign t&K¢s dedLKted #t source on foreign inVe￿meNt inc4)me.
V8]u¢ Added Tax 15 paid ots supplie5 of some seNces made to the charity.
Expenditurn •nd lknbilities
Liability ncOgni￿On
Liabjlilies arc recO￿ls￿l where it is more likely than noi th* there is a legal or
constTuciive obli8aiiort ¢otnmilling the charity io pay oui resources atMI the amount
of thc Obli￿lon ￿ t¢ measured wryth reasonable cenaint),.
Gr*Dts pay*ble
These are onl} reco8nised in the xcounts TrAthen a commitment has ken ma
and there are no conditsOllS to be met ￿[211￿8 ty the gram whi¢h remain in the
control of the charity.
Assets
Inve5tmeDts
Invests￿ents IT￿ed on a re￿gniSed exchathge are vatued at mathi Vdlue at th¢
year end.

The Alfrrd Wilknlrng ChatitsbkTr
2)
AbTrwroft LeL%Urc
All Great Ashf*bJ
B¢&on Chwch
Bntt¢n as a Stktueapr
51 Edmunds CK)
Butter￿"cOnScrva[l
Designcr MakersCIO
Sl Aft￿l￿n Childrens HogpKe
Eden Rose Cowiice Tr￿*L
FIKWJ Must￿m Iwa5 Mweum of Life)
FO￿51fOr0￿th]kn￿
Frccrnan Community Prnnary Scw Stywur
Frcsh Stan C￿￿tiy
Frket￿ ofAII Saints Church. Hrt(harn
Fncndsof Si Pe*rfs Sikn FaiYK Acth
FuDJre TrȢs Trusi
GeLY8e c￿Munity Pllb. w￿kharn Market
Gi FinboriyJgh aNi BUKWI UndttY$
Green Li8bi Tru
Fltughjry PC
Involve Ccntre, Lo%r#oft
Little Ouse Heathsatrrs. R]ver Link Proj¢
Mid 5tsrrolk" Ciii7*ns Bur¢au
Mid Sutyolk Vdunw Organisautsn F(
N¥w wo￿. Tht&tr
N4Yfolk"and SutTdk NHS Tnw(hrity
Norton VIlLige Hall
Orchard Bam
PalÉravc Parish CouKtl
PCC All sain￿ Shelky
PCC Si Margarets. Som¢rM
Pec Si Mary ai the FJmg
PCC Batkingcum tFam
PCC St Mpws. Dallinghuo
PCC SI MAfyS T￿j<￿TrI￿rn With Si ATrJrew3
PCC Fi)MF￿M SL Msrtrn
PCC Gazelcy
PCC Herf¢y
PCC Hunng5well
PCC Stok¢ by Clare
pcc St￿ke bYNa￿Dd
Plant Flerits8e
P￿ddle Ducks, Suffolk
RDJa Arts CIC
SL El￿tsth HOsp￿e
Si NichoLts HisspKe
Si Peters Church. Mikkn
SmTharketChoralc
SLOl4Thatkel ASD Sawrday Club
Sthwrnathlo￿r?ttc and Drarnatsc
Siowland F4kon5 Club
Suffolk Build￿8% Pre5ew￿nTfftl*I
Suffolk H15T1W￿ Churches Tntsi
Suffolk MiTrJ
Suffolk MUS￿ Fesilv￿ ASs￿￿t￿lj
Suffdk Preser¥Auon Soc
Suffolk Wildlife Tiusi
The Art Stst
Tht kng Shop Museum
The Rifle Hall. Hal¢sworth
ThÈ Quay Theatre TnkSI
Thc&trt Rts￿. Bun Si Ethumts
Thornham F￿la Centre
Wetherden To%¥nlathds Char
w￿khAM ma￿et P￿tship
wlxxlbr￿￿e R1Vc[5￿C Tn
W)verst(A* Hau
li

The Alfred Wllliams Charitable Trust
Notes to the financial statements for tbe
ear eDded 5th A
ri12024
3)
Fiied knet Investments
Investments Ih quoted and similarty traded companies
2024
2023
Market value broughi forward
Additions ￿ invesiments at ¢osi
Sales proceeds
Restatemeni of cosi for accumulation units and a¢crued income
Realisedloss on disposal compared io opening valuation
Net unrealised gwn I (loss) on revaluation
Markel value carried forward
3,557,089
158,188
(17? 116)
2.212
(1,434)
299.039
3.84?.978
3.764,344
100,923
(103,916)
1.791
{2,7031
(203.350
3.557.089
Analysis of interest and dividends received
2024
2023
Dividends received- UK comparties
Dividends re¢eived- UK authorised unit tn￿ts
Overse&s dividends- Overseas companies
overse￿ dividends- Overse&s unit trus
Overseas interest
Interesi received- authorised unli trusts, bank & brokerfs accounts
Properry income distributions
48.232
12.836
12.674
315
931
14.003
1.529
90.520
49.676
9,104
12,078
600
10,393
1,194
83,045
Market vallle
*t ye#r ¢Dd
Income from
ash deposits
for the y￿r
ADatysis of cash deposlts
JM Finn Income accouni
JM Finn In¢ome accouni- 'A" portfolio
JM Finn Deposit account
JM Finn Deposii account- 'A' portfolio
514
607
4,968
2.302
492
65
557

The Alr￿d William$ Charitablt Trust
Notts to the fiTh#ncial stat¢ments for iht
exr ¢*ded Sth A rÉl 21124
4)
Analyw of Surpltys
21124
20
Surplus brou8ht fonward
109,720
101.426
lrtcom¢ for the year
In*rest and dividerwjs from ityvestmenis
In¢ereM from bank de￿91t account
82.951
480
).520
EX￿ndi￿re for the year ¢bargeable to 11K￿..
DO￿10￿$ and 8Tan¢s
t£gal and profetsional fees re income
Foreign tsx on oYersea5 dividends
83,045
75,150
69.400
2.658
2.693
74,751
1925
80.971
Surplus Inco￿ carried fonvard
119269
Fees for ihe prepar•iio• and eT*min*tio• ol the ac£o*ttts
and other r¢l#¢td services
2024
2023
Inder*ndeni examiner
Accounthncy servi¢es
1.5flJ
1.560
6)
Related pArry trawsactions
In¢luded within crediws ts £1.560 (20J? .. £1.560) accountsnts Penn and Company
for the prepamton of the financial and other related wwk for the year eJwJed
5th April ?024.
£1.560 (including VAD w&5 paid w Penn and Conwy during the year for the preparation
of the financiat s¥*￿nts and other relatrd work for the year fflded 5th April 2023.
Mr J H Penn is a Trus￿ of The Alfred Williams Charitabl¢ Trust and h&$ an int¢rest
in Penn arml Company (Suffolk) Limiwl which trades un&r the of Penn and Company.
10