THE SUE AND LEW HAMMERSON CHARITABLE TRUST ACCOUNTS FOR THE YEAR ENDED 5th APRIL 2024 Charity Registration Number. 11)01437 THE SUE AND LEW HAMMERSON CHRITABLE TRUST CONTENTS Page TRUSTEES. ANNUAL REPORT STATEMENT OF TRUSTEES. RESPONSIBILITIES REPORT OF THE AUDITORS ACCOUNTS: Stalement of financial activities Balance sheet Notes to the accounts 9-10 THE SUE AND LEW HAMMERSON CHARITABLE TRUST TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 5, APRIL2024 CONSTITUTION The Sue and Lew Hammerson Charitable Trust is registered with the Charity Commissioners INO. 10014371 and 15 constituted by a Deed of Trust dated 21'- August 1990. The Tru5tee5 present their Annual Report a5 under. together with the Annual Account5 a5 attached. for the year ended 5-. April 2024. These have been prepared in accordance with the Trust Deed and the Charitie5 Act 2011. SErrLOR The settlor of the charity was Mrs Sue Hammerson CBE OBJECTS The object of the charity continues to be to apply capital and income to such charitable purp05e5 35 the Trustees think fit. However. the Trustees have the power to accumulate income as part of the Trust Fund during the first twenty-one years from the date of the Deed. PUBLIC BENEFIT The Trustees conlirrn that they have complied with their duty under settion 17 of the Charities Act 2011 to have regard to the Charity Commission's general 8uidance on public benefit. All registered charities which meet the Trust's objectives are eligible to apply. The public benefit is delivered by the charities which receive grants from the Trust. INVESTMENT POWERS The Trustees have unrestricted power5 of investment. AcfiviTIES AND FINANCIAL POSITION The level of income and expenditure and year end financial position were as expected by the Trustees. The net assets of the charity as al 5, April 2024 amounted to £832. RESERVE POLICY The charity does not hold any significant reserves. RISK MANAGEMENT The trustee5 have examined the rnajor risks which the charity faces and confirm that Systems have been established to enable regular reports to be produced to them to lessen such risks. CONNECTED CHARITIES The trust shares some common trustees with the Sue Hammerson Foundation and the Sue Hammerson Trust G. The principal address for these charities is as stated below. TRUSTEES The charity Trustees are as follow5- Mrs Patricia A. Beecham James A Trafford D. Rory Hammerson Arabella Z Parr REGISTERED ADDRES5 Registered Office-. Acre House, 11-15 William Road. London NWI 3ER THE SUE AND LEW HAMMERSON CHARITABLE TRUST TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 5th APRIL 2023 ACCOUNTANTS AND SECRETARIES H W Fisher Professional Services Ltd Acre House. 11-15 William Road. London. NW13ER. AUDITORS Fletcher & Partnars: Crown Chambers, Bridge Street. Salisbury. Wiltshire, SP1 2LZ SOLICITORS Forsters LLP 22 Baker Street London W1U 3BW Signed Mrs Patricia A. Beecham A.&- Trustee James A Trafford Trustee D. Rory Hammerson Trustee Arabella Z Parr Trustee A.-llll. P_- Dated: 22 May 2025 THE SUE AND LEW HAMMERSON CHARITABLE TRU STATEMENT OF TRUSTEES, RESPONSIBILITIES Law applicable to charities in England & Wales require5 trustees to prepare accounts for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year (unless the charity is entitled to prepare accounts on the alternative receipts and payments basis). In preparing accounts giving a true and fair view, the trustee5 should follow best practice and= select Sultable accounting policies and apply them consistently: make judgements znd estimates that are reasonable and prudent,. state whether applicable accounting Standards and statements of recommended practice have been followed, subject to any departures disc105ed and explained in the accounts- prepare the accounts on the going concern basis unless it 15 inappropriate to presume that the charity will continue in operation. The trustees are responsible for keepin8 accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the accounts comply with the applicable law. They are also responsible for safegu3rdinE Ihe assets of the charity and hence for takin8 reasonable step5 for the prevention and detection of fraud and other irregularities. Acre House 11-15 William Road London YWI 3ER letcher & Partners Crown Chambers Bridgc Street Salisbury Wiltshire SPI 2LZ Dear Sirs THF. SLT. AND LEW HAMMERSON CHAIUTABLE TRUST LETTER OF REPRESENTATION- YEAR ENDED 5 APRIL 2024 We conf1rn] lo ihe best of our knowledg¢ (Ind belief and haN'ing made appropriatc cnquiries of oihcr trustees and 0￿1Cla1S of the Lhrlrity, the following rcpTesenlations givcn lo you in con]icction with your audit of the Lharity's financial statcments for thc ycar ended 5 April 2024. l. General We acknowledg¢ as trustees our responsibilities undcr the Charitie5 Act 2011 for thc preparation of rlnancial statcmcnt5 Th"hich givc a Iruc 4ind fair vicw and for making accuraie reprcscntations lo you. All the accounting records havc bccn made available lo you for the putpose of your audit and all the transactions undertaken by Ihe charity have been properly refleLted and Tecordcd in the accounting records. All other records and relat&1 infomiaiion. including minutes of irustecs" mcetings have becrk made availablc to you. 2. Fraud We also acknowledgc our rcsponsibility for the design and implementation of intemal controls to prevent and del¢cl fraud. We hal'e disclosed to you thc rc5ults of our assessment of th¢ risk that fraud may cause a material misslalement in the accounts and wc confimi that wc are not aware Df. and have no suspicions of, any fraud or any allegations of fraud, by management or nthcrs, affecting the Chilrity. 3. Going concern Ille believc that it is appr()priate for the charity's financial statcments to have bcen prepared on a going conc¢m basis on the grounds that cU￿ent and tuture sources of fLmding or support will be more th(in adequat¢ for the charity's necds. We believe that no further disclosures relating io the charity's ability to continue as a going conccrn need lo be madc in the financial siatements. In our opinion the charily will continue in cxistence &s a going concern for at leasi 15 monihs Irom the date hcrcof. 4. 1,aw and regulat10115 IN'e are nol awarc ot" any irregularities. including fraud. inTrolving ll￿nageMent or employees of the charity,. nor are wc aware of any breaches or possiblc breaches of slatute, regulations, contrdcts, agrccTncnts, or thc charity's Trusi DLC￿, which mighi prejudice the cl]arity's going concern status or that might result in th¢ charity suffcring significant pcnaltics or other losq. No allegations of SULh irregulantie5. including fraud, or such breaches have come to our nolice. 5. TrYdllsYdCtions with related parties During the year cndcd 5 April 2024 the Trust cntcred into no material iransactions in which any other related party had all interest. with the exceplion of the donation from lh¢ Sue Hammerson Foundation, which is correctly discloscd in the accounts. The disc105ures in the accounts relaling tu the control of thc Trust are correct and cotnplete. We conflm that we are aware that a r¢latcd party of the charity is a pcrson or organisation which eithcr {direcily ur indirccily) controls. has joint control, or significantly influcnces the charity or vicc vcrsa and as a result will include trnstees, close family and other business lnLcTL￿lS olthe previous. 6. Post-bal8nce sbeet events ThL're have been no cvcnts since the balance shcct datc which necessitate rcvi5ion of the figuTes included in the financial statements or inclusion of a note thereto. Shnuld further material events occur. which may necessitate rcvision of the figures includcd in the financial siatcmcnls or inclusion ora note thereto, we will advisc you accordingly. 7. PIAll&" or intentions We contirn] that w¢ ha￿.¢ no plans or intcntions that may m2tcTially alter the carying valuc or classification of assets or liabiliti&s reflcctcd in the Financial stalcmLTIs. 8. Contingent liability We are currcntly not aware of any legal aclions concerning the Charity. Yours faithfully 02 May 2025 Mrs P A Beecham 22 May 2025 J A -I'rafford 20 May 2025 D R Hammerson 20 May 2025 AZParr THE SUE AND LEW HAMMERSON CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5th APRIL 2024 Notes 2024 Income 2023 Capital Total C"apilal InLDme Total INCOME AND ENDOWNMENT Donation Received 74.510 74,510 1,503 1,503 TOTAL INCOME 74.510 74.510 1.503 1,503 EXPENDITURE Legal and professional fees 74.510 74.510 1,503 1,503 TOTAL EXPENDITURE (74.510) <74,5101 11.503) {1.5031 NET MOVEMENT IN FUNDS BALANCE BROUGHT FORWARD AT 6th APRIL 2023 36 796 832 36 796 832 BALANCE CARRIED FORWARD AT 5th APRIL 2024 36 796 832 36 796 832 THE SUE AND LEW HAMMERSON CHARITABLE TRUST BALANCE SHEET AS AT 5th APRIL 2024 Notes 2024 2023 INVESTMENTS Freehold Revisonary Interest CURRENT ASSETS Debtors 24.071 831 CURRENT LIABILITIES Creditors 23,240 NET CURRENT ASSETS 831 831 832 832 Represented by: FUNDS Capital Income 36 796 796 832 832 Signed: Patricia A. Beecham Trustee James A Trafford Trustee D. Rory Hammerson Trustee Arabella Z Parr Trustee Dated: THE SUE AND IEW HAMMERSON CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2D24 ACCOUNTING POLICIES Accounting Convention The accoLJnts have been prepared in accordance with Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard in the UK and Republic of Ireland IFR5102} (effective January 20151 and Charities Act 2011 and applicable regulations. The accounts have been prepared under the historical cost convention with items recognised at C05t or transaction value unless otherwise stated in the relevant note5 to these accounts.. b) Investment Income Investment income is accounted for in the period in which the charity is entitled to receipt. Expenditure Expenditure is included on an accruals basis. Grants payable from income funds are recognized as expenditure in the period in which the donation is given. Support costs have been allocated to charitable activities in recognition of the administrative costs of awarding grants. Governance costs relating to the costs of public accountability of the charity have also been allocated to charitable activities. The allocation of support and governance costs is analysed in note 3 d) Fixed a55et investments Investments are included at closing mid-market valve at the balance sheet date, Any gain or loss on revaluation is taken to the Statement of Financial Activities. Fund Structure Funds held by the charity are: Capital funds - these are funds that can only be used for capital expenditure within the objects of the charity. Income funds these are funds which can be used in accordance with the charitable objects at the discretion of the tru5tee5. THE SUE AND LEW HAMMERSON CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5th APRIL 2024 2 INVESTMENTS a) The Trust holds Ihe Freehold Reversionary Inierest of the land at The Bishops Avenue, Finchley, London, N2, which is presenlly subject to a lease to the Lewis W. Harnmerson Memorial Home. The interest is included in the balance sheet at a nominal value of £1. 3 TRUSTEES None of the trustees (or any persons connected wilh Ihem) received any remuneration during the year. 4 DEBTORS 2024 2023 Sue Hammerson Foundation 24,071 831 5 CREDITORS 2024 2023 Accruals 23,240 5 ANALYSIS OF NET ASSETS BETWEEN FUNDS Capital Income Total Fund balances at 5 April 2024 are represented by= Investment5 Net current assets 35 796 831 36 796 832 6 RELATED PARTY TRANSACTIONS During the year, donations of £24.071 (2023.. £1,503) were received frorn the Sue Hammerson Foundation. The charities share some common trustees. nable Issuer HW Fisher Document generated Thu, 1st May 2025 15.'16.'00 BST Document fingerprint ccOdeac5d337bO￿7ff5do8C5e7CSf85 Parties involved with this document Document processed Party + Fingerprint Fri, 2nd May 2025 16'.42:50 BST Patricia Beecham- Signer (309d05e86939cdce501 be6a55a301263) Tue, 20th May 2025 11:58.'10 BST Rory Hammerson - Signer (495ab944b5db4081e903e153d712775d) Tue, 20th May 2025 23:41.'13 BST Arabella Parr- Signer (200228cOe6d7c356d367e84a5c4119f7) Thu. 22nd May 2025 12'.42.'02 BST James Trafford - Signer (e679f32afed69c72d069e6cf28b61006) Audit history log Date Action Thu, 1st May 2025 15:16.'00 BST Envelope generated by Liz Dohety1185.105.75.178) Thu, 1st May 2025 15:16.'00 BST Document generated with fingerprint ccOdeac5d337bOce7ff5d08c5e7c5f85 (185.105.75.178) Thu, 1st May 2025 15:20.'22 BST Sent the envelope to Patricia Beetham {patriciabeecham@nashhouse.net) for signing (185.105.75.178) Thu, 1st May 2025 15:20.'23 BST Document emailed to patriciabeecham@nashhouse.net (35.178.2.98) Thu, 1st May 2025 21:43.'25 BST Patricia Beecham opened the document email. (140.248.40.251 Fri, 2nd May 2025 16'.41:09 BST Patricia Beecham opened the document email. (146.75.174.12) Fri, 2nd May 2025 16'.41=16 BST Patricia Beecham vieV￿d the envelope (109.157.4.79) Fri, 2nd May 2025 16'.42:50 BST Patricia Beecham signed the envelope (109.157.4.79> Fri, 2nd May 2025 16'.42:50 BST Sent the envelope to Rory Hammerson (hrory63@gmail.com) for signing (109.157.4.79) Fri, 2nd May 2025 16'.42:50 BST Document emailed to hrory63@gmail.com (13.41.241.82) Fri, 2nd May 2025 18'.31:06 BST Rory Hammerson opened the document email. (104.28.86.105) Sat, 3rd May 2025 9:51.'38 BST Rory Hammerson opened the document email. (104.28.40.142) Mon, 12th May 2025 13'.07.'44 BST Rory Hammerson opened the document email. (172.226.134.12) Tue, 20th May 2025 10:07.'00 BST Sent Rory Hammerson a reminder to sign the document. (185.105.75.177) Tue, 20th May 2025 10:07.'00 BST Document emailed to hrory63@gmail.com (13.40.142.14) Tue, 20th May 2025 10:29.'47 BST Rory Hammerson opened the document email. (104.28.40.145) Tue, 20th May 2025 11:57.'46 BST Rory Hammerson viewed the envelope (104.28.89.57) Tue, 20th May 2025 11:58.'10 BST Rory Hammerson signed the envelope (104.28.89.57) Tue, 20th May 2025 11=58.'11 BST Sent the envelope to Arabella Parr (arabellaparr@hotmail.co.uk) for signing (104.28.89.57) Tue, 20th May 2025 11=58.'11 BST Document emailed to arabe1lapa￿@hOtma1l.cO.uk (35.179.166.205) Tue, 20th May 2025 23:40.'57 BST Arabella Parr opened the document email.1104.28.94.31 Tue, 20th May 2025 23:41.'01 BST Arabella pa￿ viewed the envelope (104.28.94.2) Tue, 20th May 2025 23:41.'13 BST Arabella Parr signed the envelope (104.28.94.2) Tue, 20th May 2025 23:41.'13 BST Sent the envelope to James Trafford {James.Trafford@crsblaw.com) for signing (104.28.94.2) Tue, 20th May 2025 23:41.'13 BST Document emailed to James.Trafford@crsblaw.com (18.170.71.29) Thu, 22nd May 2025 12'.40.'57 BST James Trafford viewed the envelope {208.127.55.191) Thu, 22nd May 2025 12'.42.'02 BST James Trafford signed the envelope (208.127.55.191} Thu. 22nd May 2025 12'.42.'02 BST This envelope has been signed by all parties (208.127.55.191)