Charlty règlstratlon number 293312 IEngland and Wale¥l
THE W G EDWARDS CHARITABLE FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025

THE W G EDWARDS CHARITABLE FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustoos
Mr WJ Mackie
Mr A Mackie
IAppoinled 19 July 20241
Charlty number
293312
Principal addrèss
Fernwood House
Fernwood Road
Neweastlè upon Tynè
Tyne and Wear
England
NE2 1TJ
Auditor
Robson LaidlerAccountants Limited
Fernwood House
Fernwood Road
Jesmond
Newca511e upon Tyne
Tyne and Wear
England
NE2 1TJ
Bankers
CAF Bank LiTniled
25 Kings Hill AvènLJe
Kings Hill
West Mailing
Kent
ME194JQ
Solicitors
Hay & Kilner
Merchant House
30 Cloth Market
Newcastle upon Tyne
NE1 1EE

THE W G EDWARDS CHARITABLE FOUNDATION
CONTENTS
Pay•
Trustees. report
Independent audito¢s report
Staternenl of financial acts'vities
Balance sheet
Notes lo the finanoal statements

THE W G EDWARDS CHARITABLE FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 5 APRIL 2025
The trustees piesenl their annual report and financial slalemenls for the year ended 5 April 2025.
The financial statements have been prepared in accordance with the accounting policies sel out in note 1 to the
financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and
Reporting by Charitiès." Statemènt of Recommendèd PraeticÈ applie2ble to charitiès preparing their accounts in
accordance with the Financial Reporting Slandaid applicable In the UK and Republic ol Ireland IFRS 1021"
(effective 1 January 20191.
Oblèctlvos and actlvltles
Ahhough the Trust Deed does not specify any particular beneficiaries, the Trustees have agreed lo adopt the
following grant making policy statement in order to reflect more dosely the wishes of the late Mr W G Edwards, and
have signed a Statèmènt of Wishès to this 8ffeet'.-
'To assist with the provision of care for older people through existing charities. princApally with c3pilal projects bul
also other innovative schemes for ongoing care. The Trustees will not assist in the relief of individuals. 11 is the
present intention of the Trustees to make grants and donations from income."
In addition, the airns of the Foundation aTe:_
il to support as many projects as possible, even if this means smaller individual granls.,
ill lo dtsnatè to rÈfurbishmantlbuilding projects nearing eomplètion rather than thosè in thè planning stage.,
ill to support all kinds of group5 01 older people.,
iv) to sponsor individual named items of expenditure rather than donate into a pool or unrestricted fund.. and
vl lo ensure that any funding 15 proparly spent on those specific Items sponsored.
The objectives for the year are shaped by these aims and applications for grants are invited from a variety of
sources, both new projects and those supported in previous years. As a matter ol good practice, all potential
benefieiariès arè asked to provide budgetslforecasts lor the intendèd projèct togethèr with a copy of their latest
report and accounts,
Beneficiaries must be established registered charities that assist with the care ol older people. Individuals cannot be
beneficiariés. The Trustees consider that an older person is generally assumed to be over 65 years of age, but they
will also look al pioieds foi over 505. The Trustees have a150 agreed lo re51ricl beneficiaries geographically. 1¢.
charities which benefit older people residing within the United Kingdorn. In 2016, il was decided that Ghaiilies which
benefit older people residing in Crown Dependencies rnay apply.
Public benefit
The Trustees are mindful of the legal requirernenl that all charities must have charitable purposes which are for the
public benefit and are satisfied that the Foundation fulfils this criteria by being concemed with the relief of the effects
of old age in th& gèner31 public in the United Kingdom. By offering finanaal assistance to registered charities that
assist with the care of older people, the Trustee5 are relieving the financial burden on the welfaiè slatè to pay for
their care and are also helping to provide an improved quality of life for this sector of the community through a
variety of prc>jects. There is no membership of the Foundation, no charge for services and no-one receives private
benefits from the Foundation. Trusteès do not activèly sèèk grant-making opportunitiès and thèr&lore only respond
to funding requests presented lo them. The Foundation is represented in the major grant-making trusts yearbook5
and online setvices such as the Directory of Social Change.

THE W G EDWARDS CHARITABLE FOUNDATION
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Charitatsle activities
Donations in 2024-2025 were given to a wide range of charities which benelil the eldeily. A number of charities
received funding lor gardening and allotment projects or gardening equiprnenl. Croydon Health Services Charity
and Norfolk & Notwich Hospitals Charity were both given support to create dementia-friendly gardens. Age UK
Milton Keynes was given a grant foi gardening tools.
A variety Df charities were recipients of funding for innovative arts proje¢ts. Theatrès which were supported with
outreach programmes included Immediate Theatre ITI London which received a donation lor cotntnunty workshops.
Other outrèaeh music projécts given donations inclsjded Live Music Now in ltte South Wesl, Musical Connedions in
Yoikshire and Voices (>f Hope in London.
A range of applications were made in connection with health and fitness projects. Beneficiaries of such grants
included Sporting Memories Foundation in Scotland which re￿IVed 3 grant lo help buy boccia and kurling
equipment. Guiseley Community Foundation in Yorkshire was supported with a walking football projèet and
Lancashire Ciickel was given funding ft>r a walking cricket project. The Afro-Brazilian Arts & Gullural Exchange
In51ilule in London received a grant lo aid 8 fitness programme for the ovèr-65s.
A number ol charities received funding for equipment and fuinilure such as Ainsdale Lun¢h & leisure in the North
Wèst, Making Spacé in Yorkshire and Edinburgh Old Town Development Trust.
Following the nurnbering of the additional aitns listed above..
i) Donations made during the year for charitable purposes amounted lo 2135,758 with an average grant size ol
£1,400. In 2022-23 the average grant size was £1.450 and in 2023-2024 the aver3ge grant Size was £1,293. A
total of 97 organisations were suecessful in obtaining grants frorn the Foundation for their projec15. The m8ioiity ol
unsuccessful application5 were foi revenLJ& Costs, transport or lor charities which do nol speafically benefit older
people.
ill A total of £6,925 was granted to different refurbishrnenl projects this year.
iiil Speofic groups of older people have been assisted by the Foundation this year. These include African French
Speaking Community Support in the Midland5 foi exercise sessions and befriending. The Henna Asian Wornen,
Group in London and Out North East were also given support lor their aotivily progiammes. Murr8yfield Dementia
Project in Scotland received funding for equipment and events.
iv) All grants rnade were for named rf(ems of expenditurè. No donations wèra made into unrestricted or pooled funds.
vl Each Charity is asked for feedback on how funding is spent and how projec15 progress. Trustees receive an
annu81 feedback report in ieg8rd to projects supported during the year.
The Trustees are keen to support projects which will benefit older people regardless of their location within the UK.
The approximate funding percentage split by geographical area is as follows. The following table shows how
amounts 8nd locations differ from year to yéar.

THE W G EDWARDS CHARITABLE FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Aehièvements and perfomiance
rants b Geo
ra
hical Area
202312024
202412025
Amount
No. of Grants Amount
No.
Grants
of
London
Home Counties
East An
South East
South We51
Wales
Midlands
North West
North Easu Yorkshire
Scotland
Northern Ireland
Nationwide
19,466 15¢/4
7.024 5°/0
3.500 3°/0
8.796 7°
22,160 17°
2,800 2 /
16,526 13'A
12.777 100
11,198 9¢/¢
11,912 9,/¢
6.890 5°/
6,347 5°/0
15
14,699 11°
4,701 3°
3,581 34A
9,841 7¢
13.800 100
3.540 3°/ts
17.165 13°
14.780 11°
27,646 20/
17,225 13°A
3,480 3°A
5,300 4Q
10
19
14
10
129.396 100%
100
13S.758 I00Y.
97
Including the donations made during the year, ihis brings thè total arnounl of donation5 made by the Foundation
since its inception 10 £4.963.848. There has bèèn a lolal of 1.400 donations. splil as follows
Grants b Pro.
202312024
202412025
Total to date
New Buildin
Refurbishment
Building Purchases
Furnilurel E
ment
Recreational
Outreachl Care Projects
IT Projects
Homeless
Research
1,491.814
848.008
45.000
819.667
582.065
879,265
155.861
26.358
115.810
7.640
6.925
40,522
37,539
30,982
12,713
39.791
43.418
41.746
3,878
129.396
13S,758
4.963,848
Number of donations
97
1,400

THE W G EDWARDS CHARITABLE FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Finan¢ial rèvlèw
Financial positlon
The Foundation is reliant on the income from its investments and has continued to maintain the majority ol its
investment in bonds. equities and cash during the year. The continuing aim of the Trustee5 15 lo maintain reserves
at their current level and lo pay grants out of incotlle and iealised surpluses.
Investmènt pollcy and oblectlves
The investment objective Is to protect the real value of capital and provide a spec4fied income target in excess of
£120,000. The income received ovèr thè yèar 2024-25 was £154,728.
On 5 April 2025 the Foundation's portfolio market value w85 £3.618,351 and on 5 April 2024 it was £3,736.566. The
Tiustèès meet at least annually with the investrnenl manager lo discuss the performance of investments and lo
rewew the portfolio allocation and targets.
Plans for future periods
The Trustees will continue to..
al adhere to the current policy statement..
bl recognise the individual rights of the older person and offer financial aid lo projects Put fonNard by registered
charities that aim lo improvè the lives of older people. These may include building projects in homes for the elderly
or day centres. bul also projects focusing on mental or physical health, personal safety. elder abuse, providing
practical help. recreational aclivrties elG,
cl support research projects which will directly benefit older people".
dl allocate as much income as possible to such projects. withholding only a minimum sum to ￿Ver annual
expenses".
el consider each application on its own merit, but giving preference to projects which directly benèfit older people
rather than groups which rnay Contain somè older peoplè 8g. disabled, hard ol hearing etc,.
obtain feedback from Suc￿$$ful applicants to ensure that ILJnding is spent on the resour￿ for which il was
intended and ascertain the success ol the project wherever possible as a guide lo future grantmaking.,
gl ensuiÈ that investments made on the Foundation's behalf are both prudent and socially responsible whilst
maximising Income potential and capital growth", and
h) maintain reserves at the current level. paying giants from income and realised surpluses.
Structure, governance and management
The charity is controlled by 115 goveming documènt, a dèéd of trust, and constitutes an unincorpoialed ¢harity.
The trustees who seNed during ihe year and up to the date of signature of the financial $lalements were..
Profèssor VVD Savage
IResigned 19 July 20241
MrWJ Mackie
Ms L Polling
Ms SS Seymour-savage
MrA Mackie
IResigned 8 July 20241
IRèsignèd 6 April 20241
IAppointed 19 July 20241
Charity constitution
The W G Edwards Charitable Foundation is consliluled under a trust deed. which was executed on 26th Sèptember
1985 following the death of William George Edwards on 27th November 1984 and established by his will.
The tru51 deed lays down that the trust fund. together with the income therefrom, shall be used for thè benefit of
such charitable purposes or activities as the Tru51ees sh811 diied. Initially the Foundation's assets were shares in
Mr Edwards, property company but these were sold in 2001 and the proceeds inve51ed by fund managers to provide
an annual Income which could be used in charitable donations by the Foundation, as well a5 provide capital growth.
The Foundation does not undertake any lundrai5ing activities.

THE W G EDWARDS CHARITABLE FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
R•cNltm•nt and appolntm•nt of naw trustees
Trustees are appointed by ¢lection by the Board of Trustees. The chairperson is elected annually. Thè Trusteès
have discretion lo appoint new Trustees whenever they feel it appropriate and these may be drawn from family
members or piofe5siona15 with specific knowledge of the nèeds of older people.
Decision making
The Trustees consider grant applications quarterly and inveslmenls, policies, reserves and risk management
annually. Day to day administration, in addition to the processing and handling of application5 prior lo Gonsideration
by the Trustees. is carried out by the secretsry lo the Trustees.
Induction and training of new trustees
New Trustees are provided with a brief history of the Foundation. a copy of the trust deed. etspy Minut8s, Report and
Accounts for the previous three years together with a copy of the Charity Comrnission's The E55ential Trustae.. What
You Need lo Know.
Risk management
The Trustees have examined the principal areas of the charity's operations and identified thè major risks to which
the Foundation is Èxposèd. The Trustees have established systems lo mitigate these iisks and review these
regularly- both foitnally 31 the AGM and informally during the year. The Trustees consider that the rnaioi iisk to the
charity 15 loss of income from investments and continue lo monitor this closely with the fund managers.
Stat•m•nt of trustèès, rèsponslbllltlès
The trustees are responsible lor preparir)g the Truslee5' Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Gelleially Awepled Accounting
Practicè).
The Iruslees, report was approved by the Board of TtU5te8s.
Mr WJ Mackie
Chair of Trustees
24110r2025
Dale".

THE W G EDWARDS CHARITABLE FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE W G EDWARDS CHARITABLE FOUNDATION
Opinion
We have audited the financial statetnents of The W G Edwards Charitable Foundation (the 'charily I for the year
ended S April 2025 which ¢omprise the statement ol financial activities, the balance sheet and notes lo the financial
statements, including significant accounting policies. The Iinancial reporting framework that has been applied in
their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting
Standard 102 The Financial Reporting Standard applicable in the UK and Repijblic of Ireland (United Kingdom
Genèrally Accepted Accounting Practi￿1.
In our opinion, the financial stalemenls..
give a true and fair view of the slate of the charity's 8ffair$ as at 5 April 2025 and of its incoming reSoUr￿S and
application of resources, lor the year then ended.,
have been pioperfy prepared in aocordance with United lfjngdom Generally Accepted Accounting PractiTr'.
and
have been prepared in accordance with the Charitie5 A¢1 2011.
Ba$is for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicablè
law. Our responsibilities under those standards are further described in the Audilorfs responsibili1185 for th& audit of
the finanGial statèmsnts sèction of our report. Wè arè indèpendent of the charity in accordance with the ethical
requiremen15 that are ielevanl lo our audit of the finan¢ial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities In accordance with these requirements. We believe
that the audrt evidence we have obtained is sufficient and appropriate lo provide 8 basis for our opinion.
Conclusion5 relating to going Concern
In auditing thè financial statèments, we have conduded that the trustees, use of the going concem basis of
accounting in the pièparalion ol IhÉ financial statèments is appropriate.
Based on the work we have performed. we have not identified any material un¢ertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charity s ability lo continue as a going
concem foi a period of atlgast twelve months from when the financial statements are authorised for i55ue.
Our responsibilities and the responsibilities of the trustees with respect lo going concem are described in the
relevant sections ol this report.
Other infomiation
The other information comprise5 the information included in the annual report other than the financial statements
and our auditor's report thereon. The trustees are responsible for the other Info￿ation Gontained within the annual
report. Our opinion on the financial statements does not cover the other information and we do not express any foim
of assuiance condusion Ihereon. Our respon51bi1ily is lo read the other information and, in doing so, collsider
whether the other inforrnalion 15 materially inconsislenl with the financial 5tatetnenls or our knowledge obtained in
the course of the audit. or othe￿ise appears to be materially misstated. If we identify such material inconsistencies
or apparent material misstatements, we are required to determine whether this gives rise to a rnatorial misstatemènt
in the financial slalemenls themselves. If, based on the work we have perforrned, we conclude that there is a
material misstatement of this other information. we are required lo r&port that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing lo report in respect ol the following matters in relation lo whi¢h the Charities IAccounts and
Rèports) Règulations 2008 requires us to report to you if, in our opinion..
the information given in the financial statements is inconsistent in any material respe¢l with the trust8e$'
report." or
sufficiènt accounting records have not beèn kept". or
the financial st2tements are not in agreement with the accounting records., or
wè havè not receiv&d all the information and explanations we require for our audit,

THE W G EDWARDS CHARITABLE FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE W G EDWARDS CHARITABLE FOUNDATION
Rèsponsibilities of tru¥tees
As explained more fully in thè statement ol Iruslee5' responsibilitie5. the tiustees are responsible for the preparation
of the financial statemen15 and foi bèing satisfied that they give a true and fair view. and for such internal control as
the trustees determine is neoessary to enable the preparation of financial statemènts that are free from material
misstatement, whether due to fraud oi etror. In preparing the financial stalemenls, the trustees are responsible lor
assessing the charity's ability to continue as a going concern, disclosing, as applicable. mattels related to going
concern and using the going concern basis of accounting unless the trustees either intend to ce3S8 operations. or
have no realistic altèrnative but to do so.
Auditor's r•sponsibilities for the audit of the financlal stataments
We have been appointed a5 audiloi under section 144 of the Charities Act 2011 and report in accordance with thè
Act and relevant regulations made or hawng effeet thèrèunder.
Our objectives are to obtain reasonable assuran￿ about whether the financial statements as a whole are frèè from
rnaleiial misstatement, whether due lo fraud or error, and to issue an auditorfs report that includes our opinion.
Reasonable assurance is a high level of assuiance bul is not a guarantee that an audit conductèd in accordance
with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arisè from fraud or
error and are considered matèrial if, individually or in the aggregate. they could 163sonably be expected to influence
the econornic deasion5 of user5 taken on the basis of these financial statements.
The extent lo which our procedures are capable of delecling irregulaiitiès, inclLJding fraud. is detailed below.
Thè risk ol material misstalemenl due lo erior or fraud has been assessed in conjunction with how internal conliols
may mitigatè any such risk. These controls ale ieviewèd as part of the audit by perforrning 5yStems walkthroughs
to ensure they ale operating effectively. Analytical review and Substantivè testing is also perforrred on all material
balan￿S and therefore any instances ol non-compliance should be identified or considered as insignificant. In
identifying and assessing Iisks ol material misstatement in respect of irregularEties. including traud, thè audit
engagement team.,
obtained an undèrstanding ol the nature of the industry and sector, including the legal and regulatc*ry
framework. in which the ¢harity operates and how the charity compliès with that legal and iegulatory
framework
inquired with management and those charged with governance about their own identification and
a55essmenl of the risks ol irregularities. including any know actual. suspected or alleged instances of fraud
discussed with managetnent and those charged with governance arty non-compliance with laws and
regulations and how fiaud might occur including assessments of how and where the financial statements
may be susceptible to fraud.
The risk of management override of controls was also considered an aiea ol potential misstatement due to fraud.
Audit procedures perfomied included testing of manual journal entries and other adjustments and evaluating the
bu5ines5 rationale in relation to significant, unusual tians3Ctions and transactions entered into outside the normal
course of business.
A further description of our responsibilities is available on the Financial Reporting council's website at.. https'.11
www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report.
Othér matters
Your attention is diawn lo the fact that the charity has prepared financial slalements in accordance with 'Accounting
and Reporting by Charitie5'. Slalemenl of Recommended Practice applicable lo chaiilies prèparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Iieland IFRS 1021" las
amended) in preferènce to the Accounting and Reporting by Chaiilies." Statement ol Recommended Practice issued
on 1 April 2005 which 15 referred lo in the extant regulations but has now been withdrawn.
This ha5 been done in order for the financial slalemenls lo providè a true and lair view in acwrdance with current
Generally Accepted A¢￿untIng Practi￿.

THE W G EDWARDS CHARITABLE FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE W G EDWARDS CHARITABLE FOUNDATION
Usfr of our rèport
This report is made solely lo the chaiity's trustee5. a5 a body, in accordance with Part 4 of the Charities IAccounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees
thosè tllatteis we are required to state to them in an auditor's report and for no other purpose. To the fullest exttsnt
permitted by law, we do not ac￿pt or assume responsibility to anyone other than the charity 8nd the tharity's
trustees as a body, for our audit work, for this rèport, or for th8 opinions wè hav8 formed.
J•
Nicholas Cunningham Msc Bsc FCCA IS•nior Statutory Auditor)
for and on behalf of Robson Laidler Accountants Limitsd
rl-li: tolf.....
statutory Auditor
Fernwood House
Fernwood Road
Jesmond
Newcastle upon Tyne
Tyne and Wear
England
NE2 1TJ
Robson Laidler Accounlanls Limited is eligible lor appointment as auditor of the charity by virtue of its eligibility ft>i
appointment as auditor of a company undÉr sèction 1212 01 the Companies Act 2006.

THE W G EDWARDS CHARITABLE FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2025
Unrestricted Unrestricted
funds
funds
2025
2024
Note$
Income from..
Investments
154,728
154,454
Ex
enditure
Raising funds
9.066
8.563
Charitable activities
150,548
143,323
Total expenditure
159.614
151.886
Nel gainslllossesl on investments
1233,2841
182,106
Nat movement in funds
1238,1701
184,674
Fund balan￿S al 6 April 2024
3,789,233 3,604,559
Fund balancès at 5 April 2025
3,551.063 3.789.233
The statement of financial activities includes all gains and Ioss6s r6cognised in the year.
The slalemenl of finan¢ial a¢tivilies in¢lude5 all gains and losses recognised in the year. All income and expenditure
derive trom continuing activities.

THE W G EDWARDS CHARITABLE FOUNDATION
BALANCE SHEET
AS AT 5APRIL 2025
2025
2024
Notes
Fixed assets
Tangible assets
Investments
10
3,494,507
3.736,566
3,494.515
3,736.610
Current assets
Cash at bank and in hand
61,660
60.038
Creditors.. amounts falling due within
one year
12
15.1121
17,4151
Net ¢urrenl assets
56,548
52.623
Total assets lèss current liabilities
3,551,063
3.789,233
Income fund$
Unrestricted funds
3,551,063
3.789,233
3.551,063
3,789,233
The finanaal stalernents were approved by th& Trustees on .
zYliO Iz s-
Mr WJ Mackie
Chair of Trustses
10-

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Accounting poli¢ie$
Charity information
The W G Edwards Charitable Foundation is an unincorporated charity Icharily nurrbef.. 2933121.
1.1 Aecountlny eonvèntion
The financial statements have been prepared in accordance with the charity's governing document. the
Charities Act 2011. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland.
C'FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended
Practice applicable to charities preparing their accoun15 in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021" leffective 1 January 20191. The charity is a Public
Beneftt Entity as defined by FRS 102.
The ¢harily has taken advantage of the piovisions in the SORP for charrties not to prepare a Statement of
Cash Flows.
The financial statements are prepared in slèding, which is the functional currency of the charity. Monetary
amounts in Ihesg financial slalemenls ale rounded lo the nearest £.
The financial statements have been prepared under the historical cost convention. rnodified lo include the
valuation of fixed asset investments at fair value. The principal accounting policies adopted are set out
below.
1.2 Going concern
Al ltte lime of approving the finar)cial stalemenls, the trustees have a reasonable expeotation that thè charity
has adequate resources to continue in operational existenTr for the foreseeable future. Thu5 the Iruslees
continue lo adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charltsblè funds
Unrestricted funds are availablè for usè at tha discretion of the trustees in fvrtheran￿ of their charitable
objèetivès.
Reslncted furids ale subject lo specific conditions by donors or grantors as to how thèy may be used. The
purposes and uses of the restricted funds are set out in the notes lo the financial slalemenls.
1.4 Income
Inoome is recognised when the charity is legally entitled to it after any perfortllance ¢ondrtions have been mel,
the amounts can be measured reliably, and it is probable that incorne will be received.
1.5 Expènditur•
Expenditure is recognis6d once th6rè is a lègal or constructive obligation to transfer economic benefit to a
third party. il is probable that a transfer of econornic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classifitrd by a¢tiwly. The costs of each activity are made up of the total of direct costs and
shaied Gosls. Including support costs involved in undertaking each aolivity. Direct costs attributable to a single
activity are allocated directly lo that activity. Shared costs which contribute lo more than one activity and
support costs which are not attributable lo a single activity are apportioned between those activitie5 on a basi5
¢onsistent with the use of resources. DepieGialion charges ale allocated on the portion of the assel's use.

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2025
A¢¢ountlng pollclès
(Continued)
1.6 Tangible fixed as¥ets
Tangiblè fixéd assèts arè initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment lossès.
Depreciation is ieoogrlised so as to wrrt8 off the cost or valuation of assets less their ie5idual values over their
useful lives on the following bases..
Computers
330A on ¢ost
The gain or loss arising on the disposal of an asset is delertninèd as th8 difference befv4een the sale piooeeds
and the carying value of the asset. and 15 recognised ill the slalement tsf financial activities.
1.7 Flx•d assèt Investments
Fixed asset investments are Initially measured al Iransadion price excluding transaction costs. and are
subsequently measured at lair value al each reporting date. Changes in fair value are recogni5ed in nel
incomellexpendi(urel for the year. Transaction costs are expensed as incurred.
1.8 Impairm¢nt of fixèd assets
At each reporting end date, the charity reviews the carrying amount5 01 its tangible assets lo determine
whether there is any indication that those assets have suffered an impairment loss. Sf any such indication
exists, the recoverable amount of thè asset is estimated in order to determine the exlenl of the impairment
loss lif any).
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-tèrm liquid
investmen15 with original rnalurities of three month5 or less. and bank overdrafts. Bank overdraft5 ale shown
within borrowings in current liabilities.
1.10 Taxation
The charity is exempl from tax on its charitablè aetiviti8s.
In¢om• from invastmants
Unrestricted Unre$tri¢tsd
funds
fund$
2025
2024
Income from listed investments
Intèrèst roeeivable
154.427
301
154,157
297
154.728
154.454
12-

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Ralslng funds
Unrestricted Unrèstrictèd
funds
funds
2025
2024
Investment managers fees
9,066
8,563
9,066
8,563
Expèndlturn on charitabl8 activities
Grant
Making
2025
Grant
Making
2024
Direct costs
Depreciation and impairment
Bank charges
36
14
44
14
50
58
Grant funding of actwrtias (see note 51
135,758
129.396
Share of support and governance costs (see nots 61
Support
Governance
11.915
2.825
11.134
2,735
150,548
143,323
Analysis by fund
Unreslricled funds
150.548
143.323
Grants payable
Grant making Grant making
2025
2024
Grants to inslilution5197 granlsl..
Furniture l Equipment
IT l Tech
Outreach
Recieatio
Re￿rt}iShMent
39.791
3.878
42.746
42.418
6,925
40.522
12.713
30.982
37.539
7,640
135,758
129,396
13-

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
Support costs alloeatèd to actlvltlos
2025
2024
Adrninisliative expenses
Administration fees
IT Costs
Governance costs
1,099
9,616
1,200
2.825
1.906
9.228
2,735
14,740
13.869
Analys•d b￿￿••n.
Grant Making
14,740
13,869
Net movemènt In funds
202S
2024
The net movement in funds is stated after chargingllcredilingl".
Fees payable for the audit of the ¢h3rity's financial statements
Depreciation of ownèd tangiblè fixed assets
2,825
36
2.735
44
Trustees
None of the trustees received any remunerab'on or benefits from the charity during the year.
Taxation
The Charity 13 exempl frotn tax*ion on Tts activities because all its incorne is applied lor charitable purposes.
10 Tangiblg fKxad assèts
¢omputers
Cost
At 6 April 2024
1,009
Al 5 April 2025
1,009
Depre¢iation and impaim)ant
At 6 April 2024
Depreciation charged in the year
965
36
At 5 April 2025
1,001
Carrying amount
At 5 April 2025
Al 5 April 2024
44
14-

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2025
11 Fixed asset invesknents
LTr8ted
investments
Cost or valuation
Al 6 April 2024
Valuation changes
Disposals
3,736,566
1233,2841
18,7751
Al 5 April 2025
3.494,507
Carrying amount
At 05 April 2025
3.494.507
At 05 April 2024
3.736.56fj
12 Creditors.. amounts falling due wlthln ono yèar
2025
2024
Accruals and deferred income
5.112
7.415
13 R•lat•d party transactlons
Transactions with related parties
During the year the charity entered Into the ftsllowing transactions with related parties..
During the year lees totaling £9.616 12024.. £9.2281 were paid lo Mrs T Mackie for administration services
provided. Mrs Mackie is the wife of Mr WJ Mackie a Trustee of the Charity. The Trustees are aware ol the
ne¢essary guidan¢e on transactions with related parties.
14 Unr•strictèd funds
The unrestricted funds of the charity comprise the unexpended balance5 of donations and grants which a
not subject to specific conditions by donors and granlois as lo how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the Iruslees lor spècific purposes.
At 6 April
2024
Incoming
resources
Resourcès
expended
Gains and
loss•s
At 5 April
2025
General funds
3.789,233
154,728
1159.6141
1233,2841
3,551.063
15-

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 5APRIL 2025
14 Unrè$trlct•d funds
IContlnu8dl
Previous year=
At 6 April
2023
Incoming
resourcès
Resources
expended
Gains and
losses
At 5 April
2024
General funds
3,604,559
154,454
1151,8861
182.106
3,789,233
16-

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
15 Grants payable
The following grants were paid during the financ4al year..
4Sighl Vision Support
Abbeyfield Strathgryffe Society
Absafe Community Hub
Acheinu Cancer Support
African French Speaking CommLJnity Support
Afro-Brazilian Arts & Cultural Exchange Institute
Age Concern Béntham
Age Concèrn Chander's Ford
Age Concèrn Northern Ireland
AgÈ Concern Tyneside South
Age UK Milton Keynes
Age UK Teesside
Age UK Wallham Forest
Agnes Hopkins Community Centre
Ainsdale Lun¢h and Leisure
AKU Socièty
Answer project
Ashford & Tenlerden Umbrella
Ashington Veterans & Elders
Bassellaw Food Bank
BLESMA
Boosbeck Community Centre
Bowness & Windermere Community
British Society of Lifestyle Medicine
British Wireless for the Blind
CAST
Chesed Transport Setvi¢e
Community Live5 Maller
Cotswold Friends
Crossroads Bamsley
CYCALL
Doncaster Performance Venue
Drurngalh Ladies Group
Diylaw Telford Community Assoaation
Edinburgh Old Town Development Tru51
Equal Arts North East
Fabrica Men in Sheds
Fife Employment Ac￿sS Trust
Friendly Fa￿S of Kent
Gateshead Hatzola
Genesis Care
Grace Organisalion
Grarnpian Society for the Blind
Groundwork Yorkshire Ltd
Guiseley Corntnunity Foundation
Headway Suffolk
Henna Asian Women's Group
Hert5 Vision Loss
Horsèman's Green
Imtnedixte Theatre
£2,000
£1,775
£1.000
£1,500
£1,000
£1.500
£1.560
£1.400
£1,600
£1,000
£2,OQO
£770
£1,000
£1,500
£1,400
£2,300
£825
£2.000
£900
£2,187
£3,000
£945
£713
£1,500
£1,380
£1,134
£1,000
£2,000
£1,625
£1.140
£300
£1.500
£800
£1.130
£1,115
£1,500
£1.515
£1.000
£890
£2.660
£1.620
£1,468
£1,546
£800
£1,500
£1,581
£1,000
£1,500
£1.440
£1.000
17

THE W G EDWARDS CHARITABLE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
16 Grants payabl• . continuèd
Lambelh Asian Genlre
Lancashire Cri¢ket
Leeds Chinèse Community Association
Lingo Flamingo
Live Music Now
Made4U
Makin9 Space
Mecia MS Therapy Centrè
Methodist Homes
Millan Centre
Murrayfield Dementia Project
Musical Connections
Neighbourhood Action
New Bushbury Triangle
NICE
Norfolk & Notwioh Hospitals Charity
N(>rth Belfast Men's Shed
North West region U3AS
Out North East
People Speak Up
Plymouth Music Zone
QGCA
Scottish Action for Mental Haalth
Sight Advice SoLJth Lakes
South Chingford Community Library
Spark
Sporting Memories Foundation
St David's Foundation Hospice C8re
St Giles Hospice
st James Church
st Pelei's Hospice
St Wilfrid's Hospieè
Slorrington Community Partnership
Slroudén Park Community
Sue Ryder
The Denby Dale Centre
The Elderly & Disabled Charitable Trust
The Fylde Rugby Cornmunity Foundation
The Helpful Bureau
The Link Visiting Scherne
Together Collective
Voices of Hope
Wakefield Hospice
Watford & Three Rivers Trust
West Sussex Mind
Yoga in Heahhcare Alliance
Zayis Raano
Totsl Grants
£1.000
£1.550
£1.400
£1,500
£1,890
£1,500
£1,434
£1.776
£1,530
£1,493
£592
£2,180
£2,068
£1,210
£1,434
£2,000
£1.080
£1,550
£1,500
£2,000
£1.500
£1,000
£1,250
£498
£971
£1,232
£1,260
£1,540
£1.500
£1,408
£1.500
£1.000
£900
£665
£2.220
£1.776
£801
£1.365
£1.500
£1,000
£1,590
£1,500
£2,000
£1,760
£1,536
£1,200
£1,100
£135,758
1e-