Charlty Reglstratlon Number.. 1001437 THE SUE AND LEW HAMMERSON CHARITABLE TRUST ACCOLINTS FOR THE YEAR ENDED S APRIL 2025 THE SUE AND LEW HAMMERSON CHARITABLE TRUST CONTENTS Page TRUSTEES. ANNUAL REPORT STATEMENT OF TRUSTEES, RESPONSIBILITIES REPORT OF THE AUDITORS ACCOUNTS.. ststernent of fIn8n￿al activities Balan¢e sheet Notes to the at(x)unts THE SUE AND iEW HAMMERSON CHARITABLE TRUST TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 5 APRII2025 CONSnTUTION The sue and Lew Hammerson Charitable Trust is registered ￿[h the Charity Commissioners IN) 10014371 and is constituted by a Deed of Trust dated 21 August 1990. The Trustees present their ADTrual Report a5 under. tDgether with the Annual Account5 as attached, for the year eDded 5 April 2025. These have bÈen prepared in accordance With the Trust Deed and rhe CharitiesArt 2011. SETTLOR The settlor ofihe charity w3$ Mrs Sue Hammerson CBE. 08JECTS The obie¢t of rhe Charity conrinues to be to apply capital and intome to such charitable purposes as the Trustees think fit. However, the Trustees have the power to accumulate income 35 Part of the Trust Fund dLJring the first twenty-one year5 froTn the date of the Deed. PUBLIC BENEFIT The Trustees confirm that they have complled with their duty Under section 17 Of the Charlties Art 2011 to have regard to the Charity Commission's general guidance on public benefit. All registered charitie5 which meet the Trusys objectives are eli8ible to apply. The public benefit is delwered bythe charitie5 which recewe grants from the TrLJ5t. INVESTMENT POWERS The Trustees have unrestricted powers of Investment. ACtivmES AND FINANCIAL POSITION The level of income and expendlture ènd year end financial posltSon were as expected by the Trustees. The net 3ssÈts of the charity 35 at 5April 2025 amounted to £832. RESERVE POUCY The charity does nor hold any signlflcant reserves. RISK MANAGEMENT The trustees have examined the major risks which the charity faces and confirm that systems have been established to enable regular reports to be produced to them to le55en such risks. CONNEcfED CHARrriES The trust shares some common tru5tee5 With the Sue Hammerson Foundation and the Sue Hammerson Trust G. The princlpal address forthese th3ritles is 3$ stated below. TRusfEES The charity Trustees are as follows.. Patricia A. Beecharn D. Rory Hammerson Arabella Z Parr James A Trafford RE615TERED ADDRESS Registered Office". Acre House, 11-15william Road, London NWI 3ER THE SUE AND LEW HAMMERSON CHARITABLE TRUST TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 5APRIL2025 ACCOUNTANTS AND SECRETARIES HW Fisher Professional Servic8s Ltd Acre Hous8, 11_15 William Road. London, NW13ER. AUDITORS Fletcher & Partn8r8'. Crown Chambers, Bridge Street. Sa118bury, Wiltshire. SP12LZ SOLICITORS Forsters LLP 22 Baker Street London W1U3BW Sgned". Patri¢ia A. Bee¢ham Trustee D. Rory Hamm8r8on Tru8t88 Arabella Z Parr AL-.&ll. P_. Trustee James A Trafford Trustee Dated. 18 May 2026 THE SUE AND iEW HAMMERSON CHARITABLE TRUST srATEMENT OFTRUSTEES. RESPONSIBILITIES Law applicable to Chariti￿ in England & W31es requires trustees to prepare accounts for each financial year which give lunle55 the charity 15 entitled to prepare accounts on the alternative receipt5 and payrnent5 basis). In preparing accounts glvlnE 3 true and falr View. the trustees should follow best practice and.. select suitable accounting PDlicie5 and apply them consi5tentlyi make judgements and estimates that are reasonable and prudent,. state whether applicable accounting 5t3ndard5 and statements of recommended Practi￿ have been followed, Subject to anydeparture5 di5c105ed and explained in the accounts.. prep3re the accounts on the goin8 concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping accounting record5 which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the ac(ounts comply wth the applicable law. They are also responsible lor safeguarding the assets of the Charity and hence for taking reasonable steps for the prevenrion and detection of fraud and other Ir￿gUI#r1ties. INDEPENDENT AUDITORY REPORT TO THETRUSTEES OF THE SUE AND iEW HAMMERSON CHARITABLE TRUST Opinion on financial statement5 We have audited the financial 5tatement5 of The Sue and Lew HaTnmer50n Charitable Trust Ithe Charity) for the year ended S April 2025 which tomprise the Statement of Financial Activities, Balance Sheet. and the notes to the financial statements, including a Summary of the significant accountin£ policies, set out on pa8es 8 to 9. The financial reporting framèwork that has b**n applled in their prtp3ratlon is èpplic3ble law and United Kingdom AccoLJntinE St3nd3rds. (United Kingdom Generally Accepted Accounting Practicel. In ouropinion the financial statement5'. ive a true and fair view of the state of the charity'5 affairs at 5 April 2025, and of its incomin8 resources and application of resource5 for the yearthen ended,. have been properly prepared In actordante with United Kingdom Generally Accepted Accounting Practice-. and have been prepared in accordance with the requirements of the Charitie5 Act 2011. Basis for opinion We conducted our audit in accordance with International Standards on Auditin8 IUKI IISAS IUKII and applicable law. Our statemènts £Ètiion of Our repori. We are independent of the tharity in attordante wilh ihe ethital requirements ihat 2re relevant to our audit of the financial statements in the UK, including the FRUS Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these rpquirement5. We believe that the audit evidEnce we have obtained is suffitient appropriateto providè a ba515 for our opinion. Concluslons relatlng to 8Dlng concern We have nothing to report in respect of the following tnatter5 in relation to which the ISAS IUKI require u5 to report to ¥ou where the Trustees Use of the going concern ba515 of accounting in the preparation of thp financial statement5 IS not appropriate,. or the Tru5tee5 have not disclosed in the financial statements any identified material ullcertainties that Tnay cast 5igDificant doubt about the charitable company'5 ability to continue to adopt the going concern basis of accounting for 8 period of 8t least twelve monihs from ihe date when the financial staremenis are 8Uthorised Other Informatlon The Trustees are responsible for the other information. The other Information comprises the information included in the Annual Report, other than the financial statements and our auditor's report thereon. Our opinion on the financial 5taternents doe5 not cover the other information and, except to the extent otherwise explicitly stated in our report, we do expres$8ny form ol assurance cDnclusion thereoTr. In connection with our audit of the financial 5taternents, our re5pon5ibility 15 to read the other inforrnation and, in doing SD. consider whether the other informatlon 15 materially incon5i5tent with the finanoal statetnent5 or our knowledge obiained in ihe audit or otherwise appearg to be materially missiated. If we identify such material inconsistenties or apparent material misstatement5, we are required to determine whether there is a material misstatement in the financial statement5 or a material mi55tatement of the other informatiDn. If, based on the work we have perfortned, we conclude thatthere is a material misstatement of this other Information, we are required to report that fatt. We have nothing to report in this regard. INDEPENDENT AUDITORS, REPORT TO THETRUSTEES OF THE SUE AND iEW HAMMERSON CHARITABLE TRUST Matters on whith we are required to report byexception In the light of the knowledge and understanding of the Charity and its environment ubtained in the course of the audit, we have not Identified materi31 misstatements In the Trustees. Annual Report. We have nothSnE to report in respect of the following matters where the Charities Att 2011 reouires us to report to you , in our oplnion.. the infDrmatioD given in the Tru5tpe5' Report 15 InCOn515tent in any material rp5pect with the financial statements." or sufficient accounting records have not been kept., or rhe financial siatemen15 are not In agreement with rhe 8C¢OUnting records and reiurns-. or we have not received all the information and explanation5 we requirefor our audit. Responsibilities of theTrusiee5 As explained rnore fully in the Tru5tees' Responsibilities Statement, set out on page 3, the Trustees are responsible for the preparation of the financial statetllEnt5 and for being satisfied that they 8ive a true and kir view, and for such internal control as they determine is necessary to enable the preparation of linancial statements that are free from material misstatemenL whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for a55e551n8 the charity s ability to continue a5 a going concern. disclosing. as applicable. matters related to going concern and using the going concem basis of Bccounting unless the Trustees either intend to liquidate the company or to cease operations, or have no realistic 31ternative but to do 50. Auditors, responslbilitles for the 3udh of the flnandal statements Our objectives are to obtain re350nable assurance about whether the fin3ncial statements a5 a whole 3re free from material rni55tatement, whether due to fraud or error, and to issue an auditor'5 report that includes our opinion. Reasonable assurance Is a high level of assurance bui is nor a guarantee that an audit Conducted In a¢mrd3nce wlth ISAS IUKI will always detect a matenal misstatemeni when it exists. Misststements can arise from fraud or error and are considered material if, individually or in the a8gregate, they could reasonably be expected to influence the economic declslons of users taken on the basls of thèse financial statements. A further description of our responsibilities for the audit of the financial statements is located on the Financial Rewrting Council'5 website at.. www.frc.org.uvauditar5respon5ibilitie5. This description forms part of our auditar's repart. Use of our rep This report 15 made 501ely to the charity's trustees, as a body, in acCOrd3n￿ with section 144 of the Charities Act 2011 and the regulation5 made under section 154 of that Act. Our audit work ha5 been undertaken so that we might state to Ihe th3filyS trustees ihose matters WÈ are rÈ4uired to gl31e to them in 3n audiior's report 3nd for no trther purpose. To Ihe fullest extent permitted by law, we do not accept or assume responsibility to anyone Dther than the Charitvs trustees a5 a body, ft)r our audit work, for thi5 repor¢ or forthe opinions we have formed. FLETCHER & PARTNERS Chartered Accountants and Starutory Auditor Crown Chambers Bridge street Salisbury Wiltshire SPI 2LZ Dated., Fletcher & Partners Is eligible to act as an auditor in terms of section 1212 ofthe Cotnpanies Act 2006 Acre Ilouse 11-15 M'.Illlam Road Londo NM'I 3ER Fletcher & Partners Crown Chambers BTidg¢ Street Salisbury Wiltshir¢ SPI 2LZ D¢aT Sir5 THE SUE AND LEW IL41WIMERSON CHARITABLE TRLIST LETTEROF REPRESEYTATIOY-YEAR ENDED 5 APRIL 21125 We confjmi to the best of our knowledge and belief and having made appropriate enquiries of other tru51ees aiid officials of the chariry, the followillg representat10115 given io >'ou in coniieclioii witli your audit of th¢ charity's financial stat¢iii¢nts for th¢ y¢ar ¢nd¢d 5 ApTiI 2025. l. Gtner*l We acknowledge a5 trustees OUT responsibilities under the ChaTlties Act 201 I foT the PTeparation of rinancial sLgtciMents which giv¢ a truc and fair N'icTh' and for Tnaking accuratc rcprcscnlaiions io you. All the accounting records hale been made available io you for the purpo%e of y()ur aiidil and all the Iran5aclions undeil&k¢n bv the charity have beeii properly T¢fl¢cted and recorded in the accouiiting reLords. All oiher records and relaied infomiaiion, including minuies of Irusiees, meeiings hai'e been made 8vailabl¢ to you. 2. FrAud We alqo acknowledge our rt%poll%ibility for the design and implementation of internal colltrol% to preveni and deieci traud. We have disclosed 10 you Ihe results ofour assessmeni ot'the nsk Ihat fraud LJu%e a mdterial im1￿￿1ate￿ie￿t in the aLc()uiils, and we Ll)nfirtn Ihdt we dre n()t Jware i)f. and have no suspicions of. ally fraud or ally allcgatiolls of fraud, by managcmcnt or othcrs, affcctlllg th¢ Charity. 3. Going concer We believe Ihai Il ts appropriaie for the charily's financial %iatement% 10 have been prepared on a going coiicern basis on tli¢ grounds that current and future SOUTce5 of fuiiding or sup￿rt w'ill be more than adequate for the charity's needs. We iKlieve that no furtliei. disclosures relating lo the charity's ability 10 continue as a going concern need 10 be made IA the fuvdrtcial siatemeftis. IA our opinioll the chaniy will coiiliiiue in existnce a5 a going concem for al leasl 15 moiiths fiom Ihe dak liei"¢ol. 4. La)Tr and r¢gulytion5 Wc arc noi a￿'arC ot. any ￿e￿IlariticS, including fraud, inN'olving Mana￿eM¢llt or cmplovccs ot'thc liaFItV,' llOT al-e w'¢ aw'are of aiiy bTeach¢s QT P05sibl¢ breaclies of 51atul¢. r¢gulations, contracL5. agr¢¢Tnents. or the chaTlty's'l'ru5t Iked. which miglit prejudi¢¢ the chaTlty's going concern status or thai might rLsult in IhL charity suficring significant PLnaltics or othLr loss. No allcgaiions ot'such itTegularitie%, intludiijg fraud, or luch breathe8 have tome 10 OUT notice. 5. TTaD5aCtion$ Jvith related partie5 During IhL year cndcd 5 Apnl 20?5 Ihc Trust cntcrcd irtio no matcrial transaciiorts In which any olhLr relal¢d party had an iiiteresL with the exception of the donation from the Sue IIammer50ll Foulldalioll. which is corrcLtly discloscd in Ihc accounis. Thu disclosurLS in th¥ accounts rclaiing to Ihc conlrol of the TnLSt aTe LQTteLt and L()Inplete. We confjmi ihar we are a￿￿re thar a relaied parry of ihe charity is a person or organisaiion w,hich eiiher IdiT¢Ctly or iiid1￿1]y) controls, ha5 jOllIt contToI, or significantly iiiflueiices tlit ¢liarity or vi¢¢ ve￿a and as a rcsuli will includL Irusiccs, closc family and othcr businLss inicrcsis of'ihc prci'ious. 6. P05t-balance Sheet event5 Thcrc h1i VL bLLrt no Lvcnts sincc thc balancL shcci datc which ncccssiiaic rcvision of IhL figurcs included in the financial statements or in¢lu4ion of a not¢ thereto. Should furth¢r rnat¢rial events QCWT, which may nectssiiaie rei'ision of ihe figures included in the financial staremenls or inclusion of a note IheTeio. we will ttdvi%e you accordirtgly. 7. Plans Or Intentlons We confjmi that ive hav¢ no plan5 or intentions that Jnay materially alter the canyillg value or classification of asset5 or liabilities reflected in the financial stateinents. 8. Contingent liability We are currenils not awaTe of any legal aeiions cotteeming the Charity. Your% faithfully PaiTicia A Beecham D Rory Hammcrson A.-&ll. P_ ATabella Z Parr T.-rr . James A TTalTord THE SUE AND LEW HAMMERSON CHARITABLE TRUST STATEMENT OF FINANCiAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025 2025 Incomo 2024 Income Capiisl Total Capital Totsi INCOME AND ENDOWNMENT Don?lion Received 60,502 60,502 74.510 74,510 TOTAL INCOME 60,502 60,502 74.510 74,510 EXPENDITURE Legal and professional fees 60,502 60.502 74,510 74,510 TOTAL EXPENDftURE 160,5021 160,5021 174.5101 (74,5101 NET MOVEMENT IN FUNDS BALANCE BROUGHf FORWARD AT 6 APRIL 2024 832 36 796 832 BALANCE CARRIED FORWARD AT 5 ￿ftIL 2025 832 36 796 832 THE SUE AND LEW HAMMERSON CHARITABLE TRUST BALANCE SHEET AT S APRIL 2025 Notss 2025 2024 INVESTMENTS Freehold Revlsonary Intere81 2a CURRENT ASSETS Debtors 37,701 24.071 CURRENT LIABILITIES Creditors 36,870 23.240 NET CURRENT ASSETS 831 831 832 832 Represented by. FUNDS Capital Income 36 796 36 796 832 832 Signed.. P3tricia A. Beecham Trustee O. Rory HammÈrson Trustee Arabella Z Parr Trust88 4%rr James A Trafford Truste Dat8d.. 18 May 2026 THE SUE AND LEW HAMMERSON CHAR￿ABLE TRUST NOTESTO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025 ACCOUNTING POLICIES Accounting Convention The accounts have been prepared in accordance with Accounting and Reporting bv Charities.. Statement of Recommended Poctice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard in the UK and Republic of Ireland IFRS1021 (effective January 20151 and Charities Act 2011 and applicable regulations. The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. Investment Income Inve5trnent income is accounted for in the period in which the charity is entitled to receipt. Expenditure Expenditure is included on an accrLJals basis. Grants payable from income funds are recognized a5 expenditure in the period in which the donation 15 given. Support costs have been allocated to charitable attivities in recognycion 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 artivities. dl Fixed asset investments Inve5trnents are included at closing mid-market value at the b31ance sheet date. Any gain or1055 on revaluation 15 taken to the Statement of Financial Activities. Fund Structu Fund5 held by the charity are.. Capital funds- these are funds that can only be used for capital expenditure within the objects ol the charitv. Income funds these are funds which can be used In èccordance wSth the eharitable objects at the discretion of the trustees. THE SUE AND LEW HAMMERSON CHARITABLE TRUST NOTES TO THE ACCOUNT5 FOR THE YEAR ENDED 5 APRIL 2025 2 INVESTMENTS al The Trust holds Ihe Freehdd RÈYÈr8ionary Interest of IhÈ land at The Bishops Avenue. Finthley. London, N2, which 18 pr8s8nly subj8Ct to a lease to Nightingal8 Hammerson House Iformerty the Lewis W. Hammerson Memorial Homel. The interest is included in the balance sheet at a nominal value of £1. 3 TRUSTEES None of the trustees lor any persons connected with them) re￿Wed any ￿MUneration during the year. 4 DEBTORS 2025 2024 Sue Hammerson Fcyjndation 37.701 24.071 5 CRED￿oRs 2025 2024 Accruals 36,870 23.240 6 ANALYSIS OF NET ASSETS BETWEEN FUNDS Capltal Income Total Fund balanGes al S April 2025 are represented by.. Investments Net current assets 35 796 831 38 796 832 7 RELATED PARTYTRANSACTIONS During the year, donations of £60,50212024.. £74.5101 We￿ re¢eived fr(m the Sue Hammerson Foundation. The charities share sorne cornmon Irustegs.