Charlty roglstratlon number 293312
THE W G EDWARDS CHARITABLE FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED S APRIL 2024

THE W G EDWARDS CHARITABLE FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trust￿8
Prolessor WD Sa¥￿e
Mr WJ Mackne
Charity numb•r
293312
Prlnclpal addres$
Fer￿00d House
Femwood Road
NeM¢aslle Up￿ Tyne
Tyne and ¥h￿r
EngUqThJ
NE2 1TJ
Auditor
Rob5(￿ LavJler A¢¢ountants Limited
House
JeSmo￿l
Newcasde upon Ty
Tyr*
E￿arKI
NE2 1TJ
Bankers
CAF Bank Limited
25 ￿'r￿S Fh"Il Av¢rn
King5 Hill
t Mailing
Kenl
ME19 4JQ
Sollcltorn
Hay & Kilner
Merchant House
30 Cloth Market
Newcastle UFX)n Tyne
NE1 1EE

THE W G EDWARDS CHARITABLE FOUNDATION
CONTENTS
Page
TTUStees' rewt
Independent authtor's ret
Statement of fIr￿n¢t81 aclivth.es
10
Balance sheet
11
Notes to the fin￿la1 stsiements
12-19

THE W G EDWARDS CHARITABLE FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 5APRIL 2024
The trustees present they annLtal rep(xt arKI fin￿cial statements for the year ended 5 Apnl 2024.
The linancral slalemenls have teen prepared ￿ ￿rdance *Mth the accoun￿"n9 policies set out in note 1 to the
flr¥ancKg1 slatements and c¢ynply with the charity's govemin9 documenl. the Chanties Act 2011 and "Accounts'ng and
Reporting by Charil*s." gatement of Recommended Practice apph'c8ble lo charilies prepanng Ihw'r accounts in
accordance with the Finanaab Rep)thg StsrNtsd applKaL4e In the UK aThJ RepublK ol IrelaThJ IFRS
1021 leffective 1 j￿Uary 20191.
Oblectlves and activitles
Although the Trust Deed does specify any partKular ￿nefiCIan&S. the TnBtees have ageed lo adopt tho
following grant making polKy stslement In order lo relbect dosety the wishes of thè late Mr W G E￿ards, and
have $i￿ed a Statement of ￿she$ lo t￿.5 effect"_
o assist hwth the FYOViS*)n ol care fcK older t1￿0￿g￿ e￿$tiTrJ chantie5, v￿C￿allY capital projects bul
also other Innovative schemas for trKJOiNJ care. The Trustees will not assist in the rehef ol indNidua15. It is the
presenl intenty.on of the Trustees to make grants and donalbons from income.-
In Addition. Ihe awns of Ihe Foundalion we'.-
il lo support as many projects as posgt4e, e¥w rf this mfrw$ smaller individual grarits.
lil lo donate to rèfurb1thmenln￿Ibl1ng pyoiects neariry completN)n rather than I￿se in the plannirKJ $taye.
tl lo supwrt all kinds of groups of okler FeL*".
iv) 10 sW)n￿ individual nam&J ilwns of exp¢nth"lure lather Ihan (*)nale mlo a Fool or Lmrestricted fund", and
vl lo ensure Ihat any fundiryJ Is Fwrty spent knse SFeufic rtems spJnsor•J.
Thè o*'eclNe$ for the year are shaped by Ihese ams aThJ ¥pl1¢at￿ fof grants are invited trom a vanety of
sources. L*lh new projects and those sup￿ed in previous years. As a matter of good practice. all potential
beneliciaiies a￿ asked lo provK1e budgelWlorecast$ for the intended woject l(yJelhef wrth a copy of their latèst
rep¢rt and accounts.
Benefficiaries mL¢sI established registered d)anknes that a￿$1 %wth the cao of c4der Individuals cannot be
beneficiaries The Trustees con*der th8t an older person Is generalty assumed lo be ovei 65 yeafs of age, bul they
will also look al Pfq'ect5 fof over 50$. Thé TnJsl*s have also agreed lo restrict t￿efi￿arleS ge￿jraph￿a1Iy. ie.
charities ￿1¢h benefit oÈder pe(¥>le restdirvj withn the United ￿.￿dOrn. In 2016. rt was decpJeJJ that charitses which
bwefil ¢Jder peO$￿e rewdry in Clown DepeTh3￿.eS may appty.
Publlc bènefft
Thè Trustees are mindful of the legal requKemenl that all charities must h•4e charitatA8 wrposes wh￿h are for the
public bellefil and are satisfied that the FOundat￿n lu1fi15 tt)is cnterk4 by being concerned ￿th Ihe relief of the effects
ol old age In the general public in the United Kingdcmn. By offering fman(j￿ assistance to registered charities that
assist with Ihe care ol older Fe0￿8, the Trustees are relievtrrfJ the financial bjrden on the welfare state to pay for
their care and are also helping to prov*Ye an imFyoved quality of life for th15 secloi of the community through
V8riely of wqects. There is M membership ol the Foundation. rK) charge for serwces and f￿-one weives privat8
benefits from the Foundation. Trustees do not aclNety seek gianl-makiThJ wportunib.es and therèfore ￿lY respond
lo funding request$ preSent￿j to them FoLndation ts fepresented m the maJ(x grant4n4knr¥J Iru51s yearbook8
and online services suth as the D1￿ctory of Swal Charoe.

THE W G EDWARDS CHARITABLE FOUNDATION
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
charItab￿ a¢llvltlgs
Donations In 202k2024 were gNen to a WKJe range of charrt￿S benefft the elderly. A Thjmbèr of charities
received funding for equipment and furniture incluthj Gi*nock Medical AKI Society In Scouand, Sl John'5
Hospice. Lanca$leT. and Sl Barnabas House in lthsl Sussex
A number of charitses receiv￿1 fvn(th"r¥J tr gar(kning wcpcts. allotrnents or gardening equiwnent such as
Abbèyfield Society in Southampton. ￿1¥0 in Bn'std and c￿nden Care in Coventy. A rarKJe of applicalions wer8
m￿e in connection with health and fitness proie¢t$. Bengfioaries of SLKh grants Ir￿uded Hedthy Generalsons in
London and HAOCA in Yoikshire.
Charit*s requested funth.ng lof inTr)vatsve arts Pfcpcts TI￿tre companies runnlr¥J Wo1￿ tr Ihe over 65s whlch
were awarded lunding include The Bubble Theatre Company in London.
Music projects which were given donations induded thos8 rnn by Dementia T(98lher Wfral. Rosebèry Centre in
Scolland and Indepèndent Arts in the South Wl*sl.
FC410￿lng the numbering of the addibonal ams listed ab(Ne.'
il Donations male during the year frx Charitab￿ Plffposes anwnted to £129.3￿ *Mth an average grant size of
£1,293. In 2021-22 the average grant size was £1.647 and in 2022-2023 the average grant 5fLe was £1.45D. A
totsl of 100 organisalions were S￿CeSSful in obtaining grants from the FouTrJation lor t￿[ projects The majority of
unsuccessful apPI￿allonS were lor revenue costs, transwrt N fcrf charities ¥thich do not speafically benefit older
p￿pIe.
ill Six grant applKalKns foi refurt4shmenl projects were Sup¥￿ed this year.
iiil Specific groups of peop￿ have been assisted by the Foundation this year, These include those with
dementia who were supported. Iof exaTnple, by a Nature COnnect￿)n5 programme tun by the Kingswood Trust The
Forget Me W Ch(yus in Wales delivered music Sess￿￿5 In care homes. &med al people wjth demenb'a.
The Afghanistan and Central A*an A8soeiah"on in Ltsndc￿ received a ganl for ex6rcise dasses and the IMdows
Empowemient Trust ￿ Manchester was given a dOnat￿n for a befn'ending service
Charrties which 8UPWrt bknJ and visualy impair￿j V•*re helped by the Foundation. These include Si*t f
Surrey which receNed a grant lo he￿ fund equipm&rt ￿leS and *so Wawckshre Viwon Supp)rt.
l All grants made were for nanw items of ex￿en¢￿Jre. No donalk)ns were made into unrestricted or pooled funds.
vl Each charty Is asked Icf feeLiJack on how fun(hry ￿ spent arml trKphT Pfojecls p¥ogfess. Trustees receive an
onnual feedback report in regard lo prqe¢tS SUPFQrtgJ (￿ring the year.
Trustees are keen lo supwt w(iecls which ¥Jill tenefft dder peoFAe regardless of Ihwr locatson ￿thin thg UK.
appfoximale fundiw percentage split by geographKal area is as Idlows Tr frAlowing table shows how
amounts and lo¢ab"ons differ from year lo ye*.

THE W G EDWARDS CHARITABLE FOUNDATION
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Achieyements and performance
hical
202212023
202312024
Amount
No. of Grants Amount
No. of
Grants
London
House CoLW)tses
EastAnglia
South East
South Wesi
W8les
m￿landS
North Vvesl
North Easv Yorkshire
Scotland
Northern Ireland
Nationwidè
26.496
3.200
S.760
18.580
13,198
17
19.466
7.024
3,500
8,796
22.160
2.800
16.526
12.777
11.198
11.912
6.890
6,347
15%
5%
3%
2%
4%
14%
10%
1%
16%
13
17%
2%
13%
15
20,996
9.213
6.358
15.550
6.194
3.51)0
13
11
5%
12%
3%
5%
130.545 lo￿￿
129.396
100%
100
Induding the ¢S)n81ions made duiing the yew. this brir￿ the total of d￿at￿$ mad8 by tre Foundation
since its i￿eptI¢M lo £4,828.090 There has been a 011,303 dOnat￿nS. split as fc4lows.'
202212023
202312024
Total to date
Nev4 Buildin
Refvrbishment
Buildin
Purchases
Furnilurel Eq￿pInent
Recreational
Oulreachl Care Pro
ITPr
ecls
Homeless
Research
1.491,814
841,083
45,000
779.876
538,647
837.519
151.983
26.358
115.810
19,7
7,640
33.750
28.889
42,378
5,740
40 522
37.539
30.982
12.713
130,545
129,396
4,828,090
Numbpr of donatlons
11)0
1.303

THE W G EDWARDS CHARITABLE FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Flnanclal revlew
Financial position
The Foundation is ￿lIarrt C￿ the irKome fr(Th its irNestments and has wlkn.rrt￿d lo maintain the majority of ils
investment in bonds. equities and cash during the year. The contsrrtjing aim of th8 Trustees to manlain rèserves
al ttteir current level and lo pay grants ¢yJt of irxome and fealised surpluses.
Investment pollcy and oblectlves
The Inve$lmenl objective is lo protect ts real Value of CO￿15nd piomde a swfi&J Incijne target in excess of
£120.000, The income re¢xiv&Y over the ye¥ 2023-24 was £154.157.
On 5 April 2024 the Founoalbon's portfolio market Value was £3. 716.109 and on S Apn'l 2023 rt was £3.527,161. The
Trustees meet ai least annually wrth the invesknenl manager to discu55 the perfomiance of investmen15 arKI to
view the p￿￿10 allocation 8iYJ targets.
Plan5 for futurg pertods
The Trustees wll ￿tInUe lo..
81 adhere to the current polw slatemenl..
bl re¢(*JnFse the iThlividual rights of the dder [Wsc￿ arKI offer fin￿￿•1 aid lo wojects put Ic￿ard by registered
charities that aim to imyove the lives of older tw>￿. These may Include buildirs projects in homes fof the &￿erlY
or day cenlres. bul also projects focusing on mental ￿ physical health: Person￿ safety. elder abuse, providing
practical help. recreational ￿tIvItieS elc".
cl suppKrt researGh projects wll directty benefft objer people,.
dl allocate as much Income as possible lo such proie¢ls. %witFthcAding a minimum $(xn lo ¢oveT amual
expenses".
el consider each applicab"¢)n on it8 own meit, t￿1 gmng prefere￿e lo propds wtuch direclly benefft dder people
rather than groups may conlain some ohler people eg. disabled. h8rd of hearing elc..
fi obtain feedback Irom S￿cessful applunts to e115ure that lunding Is spent on the resource frx whKh it v485
inlended and ascertain the su¢¢ess of the pro1￿t wherever pyJSYt￿e as a guide lo future granlmaking".
gl ensure that inveslmenls made on fv Foun¢Jaiwi'$ t¢haff afe both prudent swally responsible whilst
rnaximising income potential and captal grovrth." and
hl maintain reserves al the Cufrenl level. pawng yants from ncome WKI reali8ed surK4uses.
StTU¢ture. goyemance and man•gew•nt
The chanty is controlled by Its goverrung a dèed of trust. constitutes an unlnc0rpo￿ted charity.
The trustee5 who seryed durirg ye* and ￿ to the date of signahwe of the finanoal statem￿t5 were".
Profess￿ VVD Savage
MTWJ Mackie
Ms L Pe41ing
Ms SS Seymwr.SawJe
IResigr*d 8 July 20241
(Re$y￿d 6 Awl 20241
Charity constitution
The W G E￿ardS CharitaNe Foundation is constituted under a trust deed. which was executed on 28th Septembor
1985 fdlowing the death ol Wil&'am George Ethrds on 271h November 1984 and estst￿iShed by his will.
The trust deed lays down that the Injsl fun<J. Icoelher with ￿ fftC(￿ne therefrom. shall be used for thè b&nefil of
such eharitable purposes or adivibes as the Trusiees shall th"recl. Inib*ly Ihe FOundat￿￿n.5 assets were shares in
Mr Edwards. propety company but these were sold In 2CQ1 and the woceet1s invested by fund managers to provide
an annual income ￿lch ¢￿d be used in chanta￿e donations by the FoundatK)n. as well as provide capit81 grovrth.
The FouTrJation d￿8 not undertake ary fuTrJrai$ng xty'vilies.

THE W G EDWARDS CHARITABLE FOUNDATION
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Recrultment and 4ppolntsnonl of new tnmtees
Trustees are appointed by election by the Boaiij of Trustees The d￿lry)erSOn is el8Cted annually The Trustees
have discretion lo appoint new Tru$te¢s whenever Ihey led it appropr￿le aThJ ￿se may be diawn frcm family
members OT professionals vnth specific krhwAed98 Ot Ihe needs of older people.
Decision maklng
The Trustees consider yant apphcabons quarterty and investmw)Is, wlicies. teseNes and risk rnana9ement
annu￿lY Day lo day adminisfratron. ￿ a(fvJrt¥M to the syoces*r8 arn1 hwMJliThJ of app&catsMS pl￿r io consideration
by the Truslees, Is carr*d out by Ihe Secret￿ lo the Trustees.
Induetlon and tralnlng of n•w trustees
New Trustees are provided with a brief hislt)ry of the FouThJatpJll. a clyy ol the trust dee(l. copy Minutes, Report and
Accounts lor the previous three years tLwJether 7Aith a copy of the Charrty C¢ynmission'8 Tr Eswtsal Trustee., Wial
You Need to Know.
Rlsk management
The Trustees have examined the prinapal areas of the chanty's op8rab.ons and identified tt* rnajor risks to which
Ihe Foundation is exwsed The TrLFslees haye established systems lo mil￿ale these risks and review these
regularly - both formally al the AGM arKI InfoTmaly during the year. The Trustees con$i¢Jer that Ihe major nsk lo the
charity is toss of income from investments aThJ CL￿￿"￿Ve lo moThiry this closely with the l￿d ma￿Agers.
Statsment of trustees. rwpon$lbllltles
The trustees are responsible for prepanng the Trustees. Repx)rt and the finanoal ststements aecordarxe wilh
Bpplicable law and Urmled ￿n9¢￿)M Accounlw StwNJards {Unrted lfj"ng(k)m Gemrally Accepted Accounting
Practice).
The law appluble to ch¥thes ￿ England 8fKI lAla￿S requires Ihe trustees lo prepare financKql 81atements for each
financial year which give a true and lair view of Ihe stale of aff&r5 of the t*arity and of the wlcomity resources and
application of resources ofthe charity lor that year.
In P￿paring these fina￿181 slatwnents. trustees are rewred tt)..
. select suitatrA8 accountsng poticies th￿ apKty them consistenly.,
- observe the methods in the Charities SORP,"
- make judgements and estimaies 11)at are reas(Thble and pwdènt..
- slate whether aFpWble accrAmting Standards have been foth7wed. subjecl lo any matwial departures dksclosed
and explained in the financial slalemenls..
- prepare the finarKial stslements on the wing concem l)asffj urless it is Inappr￿.a1e lo presum? that the charrty
11 continue in Lyra1¥￿.
The trustees are responsiNe lor keeping sl￿￿"ent acC￿nting rec￿d5 that disclose wth rea%￿able ￿ur￿Y al any
lime the financial positr)n of the charty and enab￿ tr￿M lo ensure that the finarKial statements cOM￿Y with the
chat1t￿$ Act 2011. the Charity (Accounls aThJ Reports) Regulab.￿S 2008 8nd the provisons of the Irusl deed_ Th8y
ale also ￿$p￿SI￿e for safeguardiTrJ ￿ assets of the charity •KI hence for ta￿n9 feaSe￿able steps for the
prevention and detection of Iraud and other irrewlaribes.

THE W G EDWARDS CHARITABLE FOUNDATION
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
The tru5tees' reF￿rt was apwoved by the Bowd of TTUStee5.
PIDfessor WD Sava
Chalr ol Trustees
Date:
'17/it

THE W G EDWARDS CHARITABLE FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE W G EDWARDS CHARITABLE FOUNDATION
Opinion
We have aLKlited the finanual statements of The W G E(trwards Ch￿table FoundalK)n (the 'charty'l for the year
ended 5 April 2024 which compiise the statement ol finwal acti￿lIeS. the balance sheèt ano notes lo the financial
stalemenls, inclLx8ing significant acc(yJnting p(Aioes. The finanual ￿pY)I￿ng framework that has beèn arplied in
their prepaTation is applicabk law an(J United Kingth)m Ac¢wnling Slandwds, including Financial Reporting
Standard 102 rhe Frnan¢ial Reporting Sl8rKJa￿l appl￿￿? w I1￿ UK aiid Repul)IK of Ireland (Unrted Kingdom
Generally Ac¢epled AccoLSnbtig Pracbc81.
In our opinion, the financial statements".
give a true and fwr view of the stsle of Ihe chanty's affairs as * 5 April 2024 afKI of ils inconing res￿rGe5 and
appli¢aiion of resoijrces. frjr ihe ye* thén ended",
have been property wepared in aCC￿￿￿ce wrth Unrted Gwwalty Accepted Acwits"ng Praclic8,'
and
have been prepared in accordatKe wth the req￿reMents of the Charities Act 2011.
Basls for opinion
We conducted our audit in aCCordar￿e wth InIemat￿naI Standards on Audrting IUKI (ISAS IUKII and appli¢atrAe
law. Our respon%bilities under t1￿$¢ standards are further descnl)ed in the Auclrtorfs fP5ponsibMrties for the atKYit ol
Ilie fin81?cial slalefflents section of w rewrt We are Ir¥Jependenl of the chanly in accordance wlh the elhicai
requiremenls that ale televanl to our audit ￿ the fina￿1* slalements in the UK, including the FRC'S Ethical
Standaid and we have lulfilled our ot￿[ ethul responsit¥"lilies in ¥cordance wth these requirements believe
Ihal the ajdit evidence we have c+Jtained ts sulTbrient and lo provtrje a basis fof opThon.
Conclustons r•latlng to golng concern
In auditing the financ¢al statements, we have conduded that the trustees. use of Ihe gcing concem basi5 of
accouniing in the $yeparatir￿ of the finartial slalemenls is apprcpnate.
Based on the work we have performed. we have Fdentffied mateyia V￿aIntIeS rel81ing lo e￿nIS or
¢onditr'ons Ihal. Indivi(knally ￿ ¢ol*lNely. may o3St sgntficant (loubl on the charity's abilily lo eontv)ue as a going
concefft for a penod of at ￿a81 twefve months Ircm when the fnwiai stalaments are a￿"Sed for 1sSiIe.
Our responsibililies and the fesFKMsitrJ"lities of the Iruslee5 Wrth respect lo g(xng concem are desu*ed ifj the
rèlevant sections of this reF>Ort.
Other Information
The other information compn.ses the informalK>n incI￿led in the annua report other than the finartial 5tatement&
and our auditor's report Ihefeon. The Iruslees are responsible for clher Informabon contained wlhin the annual
report Our opinion on the financial 51atements *es not cover Ihe othef information and not express any form
of assurance conclusw Ihefeon Our re5ponybilrty Is lo read the other inft)rma1￿rt and, in doing so. consider
whether the other infomialion 1$ malerialty Inc(￿lS1enI wth the finanaal slatemenls or our k￿th￿edge obtained in
the ¢OUTse of the audit. ￿ the￿Se appears EO be materially misstated If we haenlify such malenal inconsistencies
Dr apparent material misslalements, we are rewred lo determine whether this 9ives rise lo a matefial misslatemenl
in the financia statements themselves. tl, based on the work have perform&l, we ccffldude that there LS a
material misstatement of ths other in1cima1￿, we are required lo rewrt thal fact
We have nothiro to reFort In this regard.
Matters on whl¢h wo are required to report by oxcgptlon
We have nolhifjg lo rewrt in respect oi rhe followrrg matters in relati￿ lo Nthich lh8 Charit*s (Aceounts and
Reports) Regulat1¢￿$ 2CQ8 require us lo report to you if. in wr orAnion'.
the inloTmatson given in the financrdl stslements is inconsistent material respect wilh the Injstees.
report". OT
Sufficient accounting records not been kept". or
the financ￿1 ststements are Th)1 in •Jteemenl with the accounb.ng records. or
W8 have r¥)1 received all Ihe and explanat¥Jns we rewre for audrt.

THE W G EDWARDS CHARITABLE FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE W G EDWARDS CHARITABLE FOUNDATION
Responsibilities of trustees
As explained mofe lully In th8 slalemenl of Iruslees, respKYwtslrt￿s. truslees are resP￿sIble for the preparation
of the financial statemenis and for bein9 salisfieij that they give a In* and fair view. atKI for such inlemal control as
the Ifuslees determine is necessary lo ena￿e ihe preparthn of financial stslements that are free from material
misstslemenl. whelhef due lo fraud cw error. In preparing the ffinanci￿ slalemenls, the tnjslees are responsible for
assessing the charty's ability io continue as a wng concem. disdogng. as ap￿l¢3b1e. mattèrs related to going
¢onc&rn and using the going coftcwn basis of accounting unless the trustees eilher Intend lo cease cyralions. or
have no realistic alternative but to do so.
Audltor's r•sponslbilitieg for the audit of th• flnancl•l $t¥twngnts
We have been ap￿nted as auditor under section 144 of the Charrti'es Act 2011 and rewi in aceorthnce with the
Act and relevant regulations m*Je or hawng effecl thereuntsr
Oui objeth.ves are to obtain reasonats￿ aSSUra￿e aboul whether the finanual stslements as a Who￿ are free from
material misslatemenl. whether ¢Jue lo fr•Jd N errc*. aThJ to Issue an aLMJilotrs rewrt that ￿CludeS our opinion.
Reasonable assurance is a hvJh levd of assur¥rKe t￿&1 Is not a gu3ranlee that an aut1il conducted in accordance
Ih ISAS IUKI wll abNays detecl a material misstalement it exists. MisStatement5 can anse from fraud or
error and are considered malefial if. iTrJividuJly OT in the aggregate they could reasonably be expected to influence
the ecor#)mic sJecisK)ns of usern taken cffl Ihe ol tsse fin￿￿81 slatemenls.
The extent lo wh¢h wr pro¢&Jurt$ We ¢•pable ol detecb"rrfJ wregLAarilies. Ind￿1￿ frau¢J. ts ¢Jetsiled below.
The risk of matérial nwsstalement due to ertc* rx fra￿ has bBen assess8d in conjuncb.on wilh hryw Inlamal controls
may miligale any such risk. These controls are ieviewed as part of the audit by perfomiing systems walklhroughs
to ensure ihey are operatirE effectivdy Analyt￿1 feview and subslanlive leslThJ 1$ also perfornEd on all material
balance5 ar￿ theiefore any Inslances of rK)n<ompliance SIK￿ld be Identified or considered as insignificant In
enlifying and assessing risks ol material mtsststement in resp￿1 of irregularit*s, ￿￿￿¢￿'n9 frajd. the audit
engagement team..
oblamed an understanth'ng of the nature of the WKlusty and seGtc*. irdudrng Ihe legal and regulatLIry
framework. in whictt the chanty operates and Ihe charty compl￿5 wlh that legal and wulalDry
framework
inquired wlh manag￿ent and tb)se th¥ged p¥¢m•n¢e about Ihwr oth) idents"fication and
assessment of nsks ol Irregularit￿S. I￿ludir0 any know actual. suspected or alleged Insiantss ol traud
<Jis¢ussed ￿th management and those chargeo govemance any non-compliance with laws and
gulations and how fr8LKI mKJhl ¢xcur inclijding assessments ol trk)w and where Ihe finanual statements
may be susceptitle lo fraud.
risk of man?￿ment overrKle of conlroL8 was also con&dered an area of wlential misslatemenl due lo fraud.
Auch't procedures perforrnèd included tests'ng of manual 1￿mat ￿rIeS and other adjustments and evaluatiw Ihe
business ratk)nale in rela*on lo Signif￿1. unusual tranS￿'OnS and transxlms enteied Into ou151de the normal
course of business.
A further descriw'on of responsOilthe$ is availab￿ on ts Fina￿al Rewrting Council'5 website at". https.'Il
w,frc.org.ukJaudilorsrespon%bdilies This de8uiplion foms part ol ow 8udrt¢*$ report.
Other matters
Your attention is drawn lo the f*t that the chanty has Pfepwed financial statements In accordan￿ wilh "Accounting
and Reporting by Chantie5" Statement of Recomrnended PradKe appI￿able to charibes pieparing thwr accounts in
a¢¢ofdancè with the Firwcial Repryting Standard applicatle in the UK and Republic of ITeL8nL1 IFRS 1021" las
amended) in preference lo the AccouthrKJ aThJ Rewting by Charits"es. Statement of Recommended PractLe Issued
on 1 April 2005 which is referred to in the extant regulabons but has n(yw been wrthdrown.
Th's has teen done li c¢<ler for the fina)oal statements lo provide a true arxy fair view in XCLYdance with CUTrent
Gerwally Accepted Accounkn'ng Pracknce.

THE W G EDWARDS CHARITABLE FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE W G EDWARDS CHARITABLE FOUNDATION
Use of our report
This report is made solely lo the chanty's trustees, as a body. in accordarte wlh part 4 of the Charitie5 IAccounl$
and Reports) Regulations 2LX)8 Our at￿lit work has been <ThJertaken so that we might slate lo the tharills trustees
those rnatters we are required to state to them in an aLxIrtOf'S report and ft)r no other purpose To the fvuesl èxtent
permitted by law. we do mt accept or assume ￿sponS[t￿l￿Y to anyone other than the chwity and tha charity's
ttuslees as a W. for OUF aL5drt work, for this re¢<¥1. Ihe 0p'nic￿5 we have formed.
Nlcholas Cunningham FCCA (Senlof Statutory Auditor)
for and on b•half ot Robson Laidler Accounl•nts Llmlt
Statutory Auditor
FeM￿￿0d H(yJse
Femwood Road
Jesmmd
Newcasue upon Tyne
Tyne and Wear
En9land
NE2 1TJ
Robson Laidler ACc(￿ntaftts ts"mrted is ehgible for app)inlment as of the chaTtty by vwtue of its eligits'lity for
appoinknenl as audiior of a company ur*Jer secknn 1212 of the Companies Aet 2006.

THE W G EDWARDS CHARITABLE FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2024
Unrestricted Unre8trl¢t•d
funds
funds
2024
2023
Not•s
In¥eslments
154.454
150.631
Ex
Rai*ng I￿￿J$
8,563
8.623
ChaTilatrAe acb'vit
143,323
142.861
Total expenditure
151.886
151.484
Net gainslllossesl ￿ investments
182.106
(180.5421
Nel movem•nt In fund8
184.674
l181.3951
Fund balartes al 6 April 2023
3.604,559
3.785.954
Fund balances at S Aprll 2024
3.789.233
3.804.559
The statement ol fiwryal th￿"e5 I￿ILKIeS al gains losses reccwised in the year.
The statement ol financial activities irKlw18s al gains and losses racognised in Ihe year. AJI irthme aTrJ expenditure
derive from continuing a￿1￿lieS.
10.

THE W G EDWARDS CHARITABLE FOUNDATION
BALANCE SHEEr
ASAT5APRIL 2024
2024
2023
Not
Flxed assets
Tangible assets
Investments
10
11
88
3,582,820
3.736.
3.736.610
3.S62,908
Current assets
Cash al bank and in h￿d
80.038
Credltor¥'. amounts falling due wtthin
one year
12
17.415)
14,9151
Net currenl a88el8
52,823
41,651
Total assets 19s8 curr•nt Ilabllltles
3,789.233
3.604,559
Income lunds
Unresth'cled lunds
3.789.233
3.604,559
3.789.233
3,604.559
//27
The financial statemen15 were aFproved by Trustees on ..........
Professor WD
avage
Chalr of Trustses

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
Charity infommtlon
The W G Edwards CharrtatAe FoUftdatK￿ an ￿1r￿ated charty (tharrty rKThber.' 2933121.
1.1 Accounting convention
The financial statements have been wepared in accordance wrth Ihe chty's wveming documènt, the
Charitie5 Act 2011, FRS 102 "The Financial RepK)rtirMJ Standard Op￿Icable in the UK and Republic ot
Ireland. I"FRS 102.1 and the CharrtEs SORP "Acc(yfflbng arKI Reportiw by Charilres." Statement ol
Recommervjed PraclKe applKabk to tharib.es yepanng their ¥counts in %eord8nce wim the Financial
Repo￿n9 Standard applicable in the UK Reput4ie of IrdaNI IFRS 102}. leffecti¥e 1 January 20191. The
charity Is a Public Benefit Ents"ty as defined by FRS 102.
The chanly has taken advanta9e of ￿ FrfQ¥Bb)ns in ts SORP for charities r#)t to prepare a Stalanenl of
Cash Flows
The financial statements are prepared in sterfirKJ. vthich is thè rJJrr8rty of tr￿ charity. ￿netary
amounts in these financial statements are roLmded lo the nearest £.
The financial statements have been prepared under the historical c051 convention, m¢xlified lo include the
fevalualion ol fixed asset investn￿￿t5 al lair valL* The pnrKip81 accounting wlicies adoptéd afe sel out
below.
1.2 Golng ¢on¢om
Al the th'me ol approwng the finanoal statements. the Injslees have a rea$￿ab$? expect81ion Ihal the charity
has adequate Tesources lo continue In 0￿rational exisience the foreseeable hjture. Thus the tr￿lee5
continue to adopt ltte gc¥ro concem baws ol ￿￿Tr￿n9 in wepanng the financial stalemenls.
1.3 Charltable funds
Unreslncled fijnds are available for use at the trustees in fijrtherance of thw"r charitable
Jjeth'v88.
Restn"cled fvnds 5ubJoct to Spea.￿ co￿rt￿lS by (k)nors or grantors as lo how they may be used. The
purwses and uses of Ihe restr>Xed lund5 are Sel out in the notes to the financial 5talemenl8.
1.4 Incom•
Income Is recognised when the chanty is legally enlilkd lo it after any perfomance coThJilKJns have been met,
the amounts can be measured rdiabty. and il 15 probable Ihat Income ¥wll be received
1.6 Expgnditure
Expenditure is recognised ￿ce there ts a leg* or ¢onslruclive oty￿allOn to transfèr econom￿ bwefft to a
third party, il 1$ probable that a Iransler of economic ￿nefIts ¥MII be required in settsemenl. the amoLrnl of
obligats'on can be measured reliabty.
Expendilure is clasgfied by acbvty The costs of each ￿tsvrty are made up ol the lolal of di￿1 costs and
shaied costs. including swport involved in undertaking activity Direct cosls attributatrAe to a single
aclimty are all¢xaled directly lo that activty Shared costs which contnbute lo more than one activity and
support ¢osls which are not attritrxrtable to a single aciiwty ar8 aPpOrt￿ed tetsveen those activit￿S on a basi5
consistent wtth the use of resources. Deprwalion charges are allocated on the portion of the asset's use.
12-

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accountlng pollelès
IContlnu•dl
1.6 Tangible fixed assets
Tangible fixed assets are initialty measured at cost and subs0qU￿ measured 81 cost or valu*'on. n8101
deprecialson and any Impaimienl losses.
Depreciation is recL¥JniJed 80 as lo wrile off the or valuab'(x) of assds less th&r res￿Ual Val￿ ow their
useful lives on the folkw"rvJ bases".
CoMput￿S
33% ￿ cost
The gain or loss ansiro on thè thsposal of an assel ￿ detefmined as the orfferen￿ befften the Sa￿ proceeds
and the cwrying value of Its asset. and ￿ reccgnised in the statement of finarria activities.
1.7 Flxed asset investmeTrts
Fixed asset investments are initially measwed at transaction p￿@ exduthg trans8ctson costs, and are
subsequently measured at faif value at reporti.ng date. ch￿eS in fair value are recognised in nel
inwnellexpendrture) f￿ Ihe year. T[￿￿1cb'On eosts are expensed as incurred.
1.8 Impairnlont of flxed assets
Al exh retx)t"ng end date. Ihe ¢harity reviews the carrying amounts ol its iarrfJible assets lo deleTmine
whether there is any inth"cab'on Ihat those assets have suffered ￿ inpaiffnent Ios5 If any such indicatk)n
exists, the recoveiable amounl of Ihe asset is ests"mated m crfdef lo delemiine extelll of the impairment
loss lif any).
1.9 Cash and cash equivalents
Cash and cash eqimvalenls Indude cash in ha￿9, deposits hekl at ￿11 wrth bar4(s. other shDrt-lem liquKI
inVest￿￿ntS wlh oro1nal malurilies of three M￿th5 or ￿5s. bank overdrafts. Bank overdrafts are shown
within borrowngs in axrenl li8￿.￿tieS
1.10 Taxatbon
The d)arity is exempt frcffl tax on rt5 charitable ￿tNi1￿8.
Incom• from Investments
Unrestrictèd UnrKtrl¢ted
lund$
funds
2024
2023
Inco￿ Irom h.sted In¥eslmen
Interest reCeiVa￿e
154,157
297
150,575
56
154,454
150.631
13

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Ral$lng fund$
Unrestricted Unrestricted
funds
funds
2024
2023
Investm8nt managers fees
8,563
8,623
8,563
8,623
Expenditurn on chariiabl• *¢tlvltl•s
Grant
Maklng
2024
Grant
Maklng
2023
Dlrect Costs
Depreciation and impairmert
Bank charges
327
14
14
58
341
Grant fundiry of activitios r•)te S)
129,396
130,545
Share of support and governance costs (see note 6)
Support
Governance
11,134
2,735
9,240
2.735
143.323
142,861
Analysis by fund
Unrestncled lunds
143.323
142,861
Grants payable
Gfanl making Grwl making
2024
2023
Grants to institutions (too gr*rtsl'.
Furniture l Equipmenl
IT ITech
Outreach
Recreation
Refurbishment
40,522
12.713
30.982
37.539
7.640
33.7SO
5,740
42.376
28.889
19.790
129.396
130.545
14-

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5APRIL 2024
Support costs allocated to actlyltles
2024
2023
Admir#slratNe expenses
Admirmsliation fee8
Governanee costs
1,9C6
9.228
2.735
870
6,370
2,735
13.869
11.975
Analysed betW•on".
Grant Making
13.869
11,975
Net rnovemont in funds
2024
2023
The net movement in lund8 18 stsled after (thargin￿(Credl1ir¥j}."
Fees payable for the audit of the tharilvs fnaTrJal statements
Oèpreciabon of OW￿ tangible fixed assets
2.735
2.735
327
Trustees
Nom of the trustees receNed any ￿ML￿￿Ta￿oft or ts8￿ the chanty dunng year.
Taxjtlon
The charty is ex￿pt from laxabon ￿ its ￿l¥l￿e$ bec￿se all ts income * 8Oied ts charitable purposes,
10 Tanglble fixed assets
C¢Jmput¢rs
Cost
At 6 April 2023
1,009
At 5 April 2024
1,009
D8proclatlon and impairnlgnt
Al 6 April 2023
Deprecialicffl charged in the year
921
44
Al 5 Apnl 2024
Carrylng amount
AI S￿1 2024
Al 5 +4pnl 2023
88
15-

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 5APRIL 2024
11 Flxed asset Investments
Listed
Inve5tment5
C05t or valuation
At 6 Apnl 2023
Valuation changes
Disposals
3,562.820
182.106
18.3601
At 5Aw'l 2024
3,736.566
Carrylng anx)unt
Al 05 April 2024
3,736.566
At 05￿ri12023
3,562.820
12 Credltors: amounts falllng dug wlthln yoar
2024
2023
Accruals deferred inccxne
7.415
4,915
13 Related party transactions
Transaction5 With related partles
DurirKJ the ye¥ the thanty entered into f￿1(￿￿1rttj tr￿S￿l]G￿$ wth related parties".
During the year fees toialing £9.228 12023.. £8.3701 were paid lo Mrs T Mathie for adminis1rat￿n services
provided. MTS Mackie 15 the %wfe of Mr WJ Mackie a Trustee of ts Chanty The Tnjslees are aware of Ihe
necessary guidance on transactions wrth relateij partEs.
14 UnrtstrSetèd lunds
Thè unreslricled fu￿ts of the charty r￿prise th8 unexp￿ded balances of donation5 arKI grants which are
nol subjèct io specific conditions by donrys and grantors as lo how ihey may be used. These indude
designated funds which have been sel aside out ol unresln'cled funds by the trustees for specific purpo$e$.
At 6 Aprll
2023
Incomlng
Resources
oxpènded
Galn$ and
losses
At S Aprll
2024
Gelleral funds
3,604.559
154.454
(151.8861
182.1C6
3.789,233
16-

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
14 Unre8trlct•d fundg
(Continued)
Prevlous year:
At 6 Aprll
2022
Incoming
resourc
Resources
•X￿nded
Gains and
losses
At 6 Aprll
2023
Gener81 ￿ndS
3.785,954
150,631
1151.4841
1180,5421
3,604,S59
17.

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
1 S Grants payable
Th8 follo%Mng grants we pa￿￿ during Ihe finanaal ye
Abbeyr￿Id SOc￿ty
Alghanislanl Central Asian Assoc
Alrican Women 1rnp￿ UK
Age Concern Barn8tap
Age COr￿r MRR
Age UK Baxley
A9e UK Cheshire
Age UK Weslminisler
Alive
Alzheimerfs Supp)rt
Arts Depot
Asthma Relief
8aillieslon CoMM￿lIY Care
Bènwell Christ￿n Prqecl
Brendon Care
Ca￿r Support UK
Catholic Blind Inslitule
CDCC
Central Baptist c￿l¢h
Certitude
Compass Disability
Coundon Car
Cry51al Palace CommLnty Trust
Cyclin9 WithoutAge
Dementia Adventure
Dementia Together
Derry Well Women
Elder Voice
Elizabeth Hc*Jse
Farfeigh Howce
Faversham A$￿starte Centre
Forget me not c￿rl&S
Good Moming Down
Greenctk Medical Souely
Guidepost Trust
Gwennie's Getaways
HADCA
Healthy Generat
Independent Arts
Jackson's LaneArts Centre
Kingswood Tru51
Landkey Millenni￿￿ Trust
Lewis - Manning Hostxce
Li5butn Downlobyn Centre
Listening Books
LOROS
Memories are Gold
Men Behaving Dadly
Moorland Star
Muscular L)ystrophy Sw)wrt Centre
£1.2¢JO
£1.645
£1.000
£1.51XI
£1,100
£1.500
£1.680
£2.150
£1.1
£1.8
£950
£1,012
£1,080
£850
£1.750
£1,500
£1.350
£1,660
£5
£1,21
£1,036
£1,1CAJ
£300
£1,392
£1.150
£750
£1.000
£910
£i.000
£600
£1.800
£2.000
£920
£1.$00
£1.000
£1.(XlO
£1.1YXI
£1.600
£1,C￿0
£755
£1.450
£1,698
£1,150
£1,500
£1,500
£1,000
£1,150
£1,0
£1,SC(J
18-

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
16 Grants payable- contlnued
Neuromusculai Cent
New Hwghts W￿ren Fam CommLW)ty Prq
Northumberland Community Eterwi'se
OPAL Sèrvices
Orpingiffi vil￿ge Hall Trust
Parkinson's Centre Therapy
Peet4es Old Parish Church
Prama Lile
QME Cwe
Reach Family Projeci
Rennie Grove Peace HO$￿Ce
Role On
Rosebery Centre
Rowan's Hospice Chanty
Sandhurst Day Cenire
San￿ell Afn"¢an wc¥nen Ass(Kiali
Sight lor Surrey
Small Acts ol Kindness
South Kent Mind
St Barnabas HoLÈse
Sl. Andrews Hos￿Ce
St. Columba'$ Hospte Cwe
Sl. John's Hospice
St. Margaret'5 Hosp
St. Peter's Church Project
Strathfoyle Women's Group
Thanet Trust
The Bublje Thre8t Co.
The Charbtte Siraker Pmiecl
The Community HL*)
The Drop-in Befeavemenl Cwtre
The Ethel Trust
The Green Team
The New Vic Theatre
The Rural Coffee Caravan
The TO￿11 Building Trust
The Vine Cenlre
Timebank Swth West
Top Church TTainirvJ
TORC
Trinity Methodist Church
Wakèfiéld Sc£iety lor Deaf Pe(ylo
Wallham Forest Blind Assoc.
Wdllham Foiesl Race Equality
drwckshire Vision Support
Wesledand5 Assoc.
dows Emp(Iwemienl Trust
Ison Ménh)rial Church
rk Avenue FLwdati
YMCA
Total Grants
£1.392
£1.￿]
£1.200
£845
£1.500
£1.250
£2.000
£1,0
£1.OC
£2.0
£1.074
£1.O¢XJ
£10
£1.040
£1.29)
£1.645
£1.586
£1.600
£260
£1.000
£3.000
£1.000
£1,116
£1.91JO
£1.600
£6[￿3
£1.51KI
£2.0
£1.2LN)
£1.764
£1.500
£1.000
£1.2J8
£2.000
£1.500
£1.190
£1.230
£1.590
£700
£1.200
£1,000
£2,000
£1.000
£1,000
£1,500
£1,320
£2,124
£1.OlJO
£982
£1.430
£129.396
19