Cliai'ity Nuinber.. 1038566
HUGHES TRAVEL'fRUST
TRIIS'IEES, ANiYUAL RCPORT & b'lNANCIAL STATEMENTS
31 AUGUST 2023
Wilson Pai'lnei3 Liiiiitcd
Clian¢ery House, 30 St Joliiis Road,
Wokihg, Siiirey GU217SA

HUCHES TRAVEL TRUST
Pagc I
l-RUSI'fi,ES' ANNUAI, RLVOIIT
foj. tlie yeai. cDded 31 August 2023
Tlie li'ustees prcseiit tlieii. reporl aloiig witli tlie fiiiaiicial stateinents of tlie cliarity l-luglies I ravel Ti-ust (referied
to as'tlie Trusl") foi. tlie ye21. elided 31 August 2023.'1'lie compaiative period was tlie yearended 31 August 2022.
'I'he financial stateinents coimply with tlie Cliai'ities A¢t 201 Accoullting and Repoiting by Cliarities..
Slatcinent of Rccominended Pj'actice applicable to chai'itie% pi'cparing tlieii. accoiinls in accordance witli tlie
Finaiicial Ilepoiting Staiidai'd applicable in tlie UK aiid Repiibli¢ of Irclaiid IFRS 102) (effective l Jaiiuayy 20191.
REI f4ERENCL AND ADMINISTIiATIVE DEI'AILS
Tlie ti'ustees of tlie cliarity, wlio l)ave l)eld office sii)ce I September 2022, are as follows..
P C Aston
A Lewis
C D Parsons
A Patcrsoji
A Turner
{rcsigii¢d 12101120241
{rcsigned 12101120241
(Irsigned 0310412025)
A Diffey was appointed as trustee aftei. 31 August 2023 but prior to tlie dale of tliis IEpoil.
The pi'incipal addrcss of tlie cliayity 15 tlie offices of Hughe5 Ti?vel Trust at Clianceiy House, 30 St Jolins Road.
Woking, Suri'ey. GU2175A. The cliai'ity is i'egisleied under tlie charity nllmbei. 1038566.
Tlie trustee5 have made the following professional appointments..
Solicitor..
Fayi'er & Co LLP, 66 Liiicoln's Inn Fields, Loiidon WC2A 3LH
Accountant-
Wilson Partners Lin11ted, Cliaiicery House, 30 St Joliiis Road, Wokin.. Surrey GU217SA
Bankcrs..
Lloyds TSB, 73-75 Fligli slrcct, Staines, Middlesex TWI 8 4PP
Handelsbanket), 2 Queens SquaiE, Lyndhui"st Road, A5cuI, SL5 9fE
STRUCTURE, GOVERNANCE AiYD MANAGEMCI NT
Status & Hi5loi'y
Huulies Ti?vel Trust was originally setup as a trust uiidei'a deed dated l Julle 1994 and became a registeird chai'ity
011 13 June 1994. Tlie cliaritable trust is goveriied by tlie rules and I'egulatioiis set dowii IJJ its original tiwst deed
ddted l June 1994.
Oi'ganisgtional Sli'ucture
The ove1411 %tratcgic diyeclioii of Ihe Ti'iist 15 deteriiiined by the trustee5, wlio air a15Q IESPOtisible foi. tlie day-to-
day inaiiagement of Ilie ¢liarity. 'fiie Irustccs woll¢ closely togethei., holdii)g iiieetinu5 &q tieeded aiid otlicrwise
keeping iti tou¢li witli oiie anotlier thr()iigli informal discussions tliat take place eitlier face to face, ovei. tlie
teleplione, or by e-lnail.
Sub-coithjnittees
Tlie Trust does not currently use sub-¢oinillittees oftlie bOal￿ of trustee5 to assist in the managcment of the cliarity

IIUGHESTRAVEL'I'RUST
Page 2
'I'RUSI'f4 Li S, ANiYUAL Rr.poii'i'
for Ilie ytgj. eNded 31 Augu%t 2023
Metliod of Reci'uitiiieiit, liiduction & Ti'aiiiiiig of Trustees
Recj'uilpppenl
Wliere additional or replaceineilt tl'LlStees are needed. the existiiig trustees will draw up a sliort list of ¢oinpeteiit,
expei'ieiiced pei'sojis. Tliis is assessed by i'efeience to pei-.qoiial bu5iDe%s expei-ieiice, cui'i'ent ti'usteesliips and any
ki)owii expertise. References froiii iiiipaitial expcrieiiced eldei's aniuiig tlie Bretliien are soughi.
Indiiclion & 7i'aining
Ti-ustee iiidiicti()ll is provided ill a meetlllg throiigli a piE5enlation by the existing tivstees setting oiit the followit]g'.
The objcctives of tlie Tivst.,
Tlie terms of tlie irust deed.,
Tlie cliaritablc nature of tlie'frust's activities;
OffJ¢e proceduies atid i'espoiisibilities.
Trustee duties.
Details of the exact I￿[C that tlic iiew Irustee is expected to fulfil., and
All as5¢ssiiient of any additional ti'aiiiing that Jiiay b¢ I'equii'ed.
Additiotjal training is provided eithei. by one of the existing trustecs or is outsourced wliere necessary.
Policy for i'emun¢rating l(ey iii#n%geineJit personnel
Tlic ti'ustee5 I¥1io are the key Inaiiageinent personnel manage the day to day oper3tioJis of the trust. They receive
no remuiiei'atlOl1.
Risk & GovernAnee Mgttei'5
Tlie ti'ustees #re geneially I'isk avei-se and will try wlieiEver possible to ensiiiE tliat the'fru51 fulfjls its charitable
obje¢tives willi a iiiiniiiiuin possible exposure to i'isli.
Thc tl'U5tees aiE coi)iinuing ti) docuiiieiil the chai'ity's I'isk piofilc and to foi'nialise ilieir approach to risk
Inaiiageiiieiit. Tliey liave already tal<en sigiiifi¢anl slcps to address key financial i'isks Ilirougli updated sy%teins and
coiitrols.

IIUGHESTRAVEL TRUSI,
Pag¢ 3
TRIIS-I'LI Ci S> ANNUAL RF.PORT
foi. Llie yeAI' endLd 31 Augusl 2023
Ti'ustecs Responsibilities iii tlie Pi'¢p81'litioii of f4iiiAiicial St#teEiieiJts
The tl'lLStees are i'esponsible for pieparing tli¢ Iriistees, aiiniial J'cpoi'l and the financial staleiiients in accordance
with applicable law and United Kingdoin Accounting Standaids Iuiiite(I Icingdotn Generally Accepled Accounting
Practice).
The law applicable to ¢liarsties in Englaiid & Wales requires the trustees to prepare finaiicigl slateiiieiils for cacli
finaiicial yeai. wliicli give a ii'Lie aiid fair view of tlic state of affairs ofihe cliai'ity and of tlic iiitoniing IE50urces
aiid applicatioii of resouites of tlie chai-iiy for tlial period. Iii preparing thosc fiiiancial staten)ents. tlie I¥ustees are
reqiiired to..
sclect suitable accouiiting policies and then apply tliein consisteiitly.
obsei've tli¢ nieiliods and pi'iticiples in tlie Chai'ilics SORP IFRS 1021.
make judgeiiieiils and estimates that ale ieasollable and pi'udent.
state wlietlier applicable accountivg stalldai'd5 have been followed. subject to any imaterial departui'es disclosed
aiid explaiiied in ihc fjiiancial slateiiiet)Is' alld
prepaie Ilie financial siatcnieiits oil the going concei'n basis unless Éi is inappropriate to presume tliatthe ¢h3rity
'nie ti-ustees al'e iesi)onsible foi. keeping piupci. accouiitino records tl)at di5¢1ose witli i'ea%onable accuracy at any
Cliai'ities Att 2011 aiid tlie provisio1)% of t]ie ti'ust deed. miey are also i'cskK)nsible foi. safeguarding Ilie a8sets of
the chai'ity and heiice foi. taking irasoi)able step5 foi. the preventioji and detectioji of fi'aud ￿ld othei. iri'egularities.
OIIJCI CTIVES AND AcfiviTIES
Charit&ble Objectives
Tlie ¢liaritable objectives for ivliicli tlie cliarity was establislied are tli¢ ielief of poveity aiid sickiiess aiid tlie
advaiiceiiient of religion amongst tlic BTetlii'en.
Chai'itAble Activitles
The trust is iio longei. actively orgatiising Iravel ai'i'aiigeiiicjils to aid the IEligious piii'PDses of the Breil)reii.
Accoi'dingly, tl)e tiuslees coiitlDually i'eview liow the trust can best fiirilier it5 cliai'itable objective, iiainely 'l'lie
relicf of poverty aiid 5i¢kness aiid ilie advallceiiient of i'eligion aniongst the Bretlii-en.
Gi'aiit Mgking Policy
Hiiglies Ti3vel Tiust is not primarily a grant making chaiity, hawever specific Teqiiests for fiinding and assistance
ib considei'ed oji a case-by-case basis by tlie trustecs, who Inakc the final decision regarding tlje giviiig of any
grants.
ReprestiitAtion on Otliei. Bodies
Tlie TTUSt does not ¢ui'reiitly pursue its charilable obj¢¢tives Ihrougli i'epre5entalion oil any otlier bodies.

HUCHCI S TRAVIL TRUSI.
Pag¢ 4
TRIIS'I'LI f4.S' ANNUAI. RCI PUIIT
foi. Ilit yeai. ciided 31 August 2013
OBJECTivfi.S AND ACTIVITIES {Contillue<ll
Publie Benefit
Tlie trustees have takeii The Chai'ity Coinmission's specific ai)d gcllei?I guidance oji public beiiefit (contained
withi13 the guidance piiblication 'l'lic Advancciiieiit of Religioii for thc Public Benefit" and with tlie i'evised
guidance publication"Charitie5 and Public Bencfit") into coiisi(leiation wlieii ieviewitig tlieii. aims aiid objectives,
aiid ill planiling tlieir futurc activities.
FINANCIAL REVIEI W
FinAncial Rtsults of Activitie5 & Iv¢nts
The Trust generated total illconJing i'esour¢es of £96,659 {Year elided 31 August 2022.. £2,854) and eypended
resources of £108,624 (Year elided 31 Augu%t 2022.. £313,792), principally in reqpect of providiiig fiiiiding to
5upporL ti'avel costs to aid Ilie rcligious puyposes of tlie Bretliren and Inaking grants to ¢liaritable insltlutions.
Future developiiients
In 202212023 tl)e trustees rcviewed liow tlie tl'LlSt can be%1 fiii'tlier its cliaritablc objectlvc. llainely 'Tlie ielief of
poverty and sickness and tlie advanceinent of i'eligion aniongst the Bretliien" the ¢liarity will continiie to provide
funding to support travel costs and inake gYantS to ¢haritable instilutioiis.
Gi'aiit Mgkiiig
In 202212023, tlie Tiust gave £iiil in giants12021122.. £21,350) to cliarilable iiislitutions, see note 3.
Fundraising
Tlie 'fru5tees lake tlieii- rcsponsibility uiidei. tlie Cl)ai'ities {Pix)tection aiid Social Iiivestiiieiit) A¢t 2016 seriously
and liave con8idei.cd tlie iimplication oil tlieii. aclivities. Tliechai'ity does not activcly raise fuiids OL. solicit donaliorts
diie¢ily fiN)In tlie genei'al public. Tlie Cliarity does iiot woi'lc dii'ectly witli coiniiiercial .qpoiisoi's iii i'elation to
fi]ndTaising. I'lie Trustees are not aware of any cojiiplaints niade iii i'espect of fundi'8ising dui'iiig the period.
Resei'ves Policy
Tl)e"frec J'eserves" {general utJi'csti'ict¢d fund less fixcd assets) of tlie Cliarity at 31 August 2023 aniountcd to
£1,785,241 131 Aligllst 2022.. £1,797,206).
It is Ilie trustees, view that it is pi-udeiit lo maiiitaiii tliat accuniulated level of fire reserves wliilst tliey IEfle¢t on
lio1¥ bcst to fui'ihci. th¢ ¢l)ai'ilable objectives of Ilie li'ust.

HUGIIES TRAVLL TRIJSI-
PRge S
TRUSI'LI r.s' ANNUAL REI POIIT
roi. Ilie yeai. ciided 31 August 2023
FINANCIAL REVIEW (Continued)
Investment$ Policy
The ti'usiees are eii)powered to invest any Inoney that tlie Trust d0¢5 llot iminedialely Jieed in such a Inaiiner as
tlicy niay deteriiiine. Iii pi'actice. the Irustee5 historically lield the Ti'u5t's"free IEsei'ves' as cash in iiilcrest beai'ii)g
bank accuurtts to e115ure Ilial siifficient liqiiidity 1$ maintaiiied to enable payimetit in advance for charter flight5 as
aiid when Itquiitd, but also lo maxiTnise ietums upoii Il)05e casl) funds it] tlie sliort tei'jii.
The triistees al'e considering options lo diversify tlicir itlvestinents and seeking prudent investinents to generate a
retlli￿ on the resej'vcs wliilst Ill tliis pei'iod of J'efle¢tion.
Dui'ing 202212023, the Tiiist's'free reserves" held as cash genernted iiivestnient income of £15,684 (202112022..
£1,965).
Tliis ieport was approved by the tiiistees on 23 June 2025, and was signed for aitsd on behalf of tlie boaiyj by
C D P3rsons
Ti'ustce
A Turncr
TrLlStee

Page 6
INDEPLiNDf,NT EIXAMINF.R'S RLPORT TO'I'HC TRUSI"LEIS OF HUGHLS TRAVLL'I'IIUST
Xijdepeiidtiit examiiiei s I'epoi't to the ti'ustees of Huglies Ti'avel Ti'ust
l irporl to the cliai'ity lyllstees on my examination of the ac¢ounls of Hugli¢s Travel Ti'u5t Itlje Tiiist) foi. the yeai.
ended 31 August 2023.
Respotisibilities and bAS15 of report
A5 the chai'ity tiustees of thc Trust you aiE responsible for the pieparatioji of tlie accoiiiits in accordance with the
reqiiii'ernents of tlie Cliarities Act 2011 I'tlie Act,).
l L'eport in i'espect of niy exainindtion of the Ti'ust's accounts carried out undei. section 145 of tlie Act and in
cai'iying oiit iny exainination I have followed all applicable Diiections given by tlie Cliarity Cominission under
section 145{5)Ib) of tlie A¢l.
Indepejident examiner5 Statemeijt
I liave Coniplcted niy exaniinatioii. l ¢onfJi'ni thal ijo Jnaterial iiiattei's liave conie to ii)y attention iii coniie¢tion
willi the exaii)iiiation gsviiig me cause lo believe tliat in aiiy nialerial respcct..
tlie accounting record5 werc iiot kcpt in accoi'daii¢e witli sectioii 130 of tlie Cliarities Act., or
tlie accounts did not accord with tlie accounliii£ recoi'ds. or
the accounts did not comply with tlie applicable Irquirements conceJTriDg the fortn and content of
ac¢oui)Is set out Ill ihc Cliaritie5 (Accoullts find Reports) Regulations 2008 othei. tlian aiiy Itquiretiieiit
tliat tlie aceounts give a'ti'lle and laii view wliicli is not a Inatter ¢onsideJ'ed as pai% of an independent
exainination.
tlie accoutits have not becii prepaied iii accoi'dwice with the Inetliod5 aiid principles of tlie Stateinciit of
R¢coiiinieJided PraGticc foi. accountiiig aiid reportlllg by cliarilies (applicable 10 cliai'ities pirpai'ing their
accounts In accoi'dati¢e with the Financial Repoi"ling Standard ai)plicable in the UK aiid Republic of
lyeland IFRS 1021).
I have no conceims and liave coni¢ across no otljer matters in connection witli tlie exaimination to wliicli dttenlion
sliould be drawn in this report lll oi'dei. to enable a propcr utLderst2nding of the accounts to be i'eacl)ed.
Aiidi'cw Carpeiiter
Wilson Parlneis Lin)ited
Cliaiiceiy I louse
30 St Johns Road
Wokiiig, Suirey GU217SA
Date.. 23 June 2025

HUGIIEIS TRAVEL'fRusr
PAge 7
STA'I'EMLNT OF FINANCIAL ACI'IVITIES
foi. tlie yeai. ended 31 August 2023
Totxl foi.
tlie ye#i'
elided
Uiiiestrietcd Resti'ictcd 31 Augiist
fund5
funds
2023
Tot%1 loi.
tlie yeai.
31 August
2022
Notes
INCOME
Donatson5
Investiiient iii¢ome
Ineoiiie fj'oni chai'itable activitles
Provision of tiavcl ai'rallgeillents to aid tlie
i'eligious purposes of tlic BJ'etl)ren
886
5.684
886
15,684
889
1,965
80,089
80,089
TOTAL INCOM
96,659
96,059
2,854
EXPENDITIIRE
ClIAI'itAble activiti&8
Pr()vision of Iravel arratigenieiils to aid
tl)e IEligious puiposes of tlie Bretliirn
Gi'ants given
Othei.
76,721
79,721
258.695
21,350
33,747
31,903
31.903
TOTAL EXPCt NDITURE
108,624
108,624
313,792
NET INCOMK AND NET MOVEMENT
IN f4UNDS
111,965)
{11,9651
{310,938)
RLICONC.ILIATION or FUNDS
Fiiiid balances brOil￿t foi'wai'd
at I Septenibei. 2022
1.797,206
1,797,206
2,108,144
riUND BALANcf,s CARRIED FORWARD
AT 31 August 2023
1,785,241
1,785,241
£ 1,797,206
Tlie net inovenient in funds for the y¢ai' ai'ises fiojii the ¢harity's continuing activities.

IIUCFIEI S I'IIAVFL TRUS'T
PAge 8
'I'RUST BALANcf. SHC4 ET
A5 ILt 31 August 21)23
31 August 31 August
2023
2022
Note5
CURRENT ASSEITS
Debtors
Casli at baiik aiid in liand
72,422
1,770.597
1,801.570
1,843,019
1,801,570
CURREINT LIABII.I'l'lbS
Ci'editOTS'. Amounts falling due witliin one year
57,778
4,364
NET CURRENT ASSEI'S
1,785,241
1,797,206
TOTAL ASSETS LE4SS CURRENT LIABILITIES
1.785,241
1.797,206
NET ASSETS
£ 1,785,241 £ 1,797,206
THE FUiYDS OF TIIL CIIARITY
Unrestyicted incollie funds
Gcjieial Fund
10
1,785,241
1,797,2Q6
TOTAL CHARITY FUNDS
10
£ 1,785,241 £ 1,797,206
Tlie financial 5tatemeiits ot] pages 7 to 14 weie approved by tlic tl'l15te¢s and autliorised foi. issiie on 23 Junc 2025.
and are signed on tlieir behalf by
C D Par50ns
Tiwstce
A Turner
Ti'ustee

HUGIIF.STRAVEL TRUST
Page 9
r4 iiiAticixl Stgtemeiits foi. tlie yeai. eDdtd 31 August 2023
ACCOUN'I'ING POLICICIS
BASIS OF AC.COUNTING
The fLnan¢ial statements liave been prepared undci. tlie liistoi'ical c05t convention willi iteins iecogniscd at Cost oi.
transaction valuc uiiless otheiwi5e sialed in tlie IElevant notes to th¢5e accounls. Th¥ financial stalemellt5 liave
beert pirpai'ed in aceordantye willi Ilie Stateiiieiit of Recoininended PJ?ctice'. Aceoiiiitingand Reporting by Cliai'itie5
prepai-ing tlieii. accounts Ill Ii¢¢oI'dance with thc Finaii¢ial Repoiting Standard applicable in tlle UK and Republic
of Ireland IFRS 1021 (secoiid editioii
O¢tobei' 20191 and the Finaiicial Reportiiig Siaiidai'd applicable in tlie
United Kingdoni and Republic of Ireland IFRS 102) and tlie Charitie5 Act 2011.
The Chai'ity conslitutcs a publi¢ benefjt entity as defined by FRSIO2.
The financial statements are pi'epared in sterling) wliich is the fut)ctional currency of tlie Chai'ity. Monetary
amoiin15 111 these finan¢ial stateinents aiE rouiided to tlie nearest £.
At tlie tijiic of appi'oviiig the fiiiancial staten)et]ts, the ti'ustees have a reasonable expectation that the Cliai'ity lias
adequate resource5 10 eontinue iii opei'ational exisleiice for tlie foie5eeablc futui'e wliilst tliey reflect oli how best
to fuitlier Ille cliai'itable objective of ilie Iiiist. Tlius tlie Tru8tecs conliiiuc to adopt tlie goinu conccin basis of
accounting in pirpai'iiig tlie fijiancial statcii)ents.
INCOME
Gi2nts. donations and othei. sitnilar types of voluntary income are biDiiglit into account wlien there is entitlement,
except that dollatcd iiicoine is iiicluded gross of any atti'ibutable tax recoverable, wheir relevai)t. Donations given
for spccific puiyoses are treated as restricted ijicome.
All othei. types of intojiie are also accounted for on an a¢¢iuals ba51S.
EXPkNDITURE
Expenditiii'e is allocated to the eliai'ity's principal activities where tlie costs Can be identified as being diiEctly
i'elaled to Iliat activity. All costs that cannot be ideiitified d% relatiiig diiectly to Ilie ¢liai'ity's i)rincipal activities al'e
catcgoi'ised as citliei. suppoit C05t5 or governanee costs. Any costs that cantiot be specifjcally Categorised al'e
alloeatcd ill PIDPOltion5 based upon a siiilable i'atio applicable to the nature of tlie c05t involved.
Goveriiance costs include tlie ¢osts of maiiitaiiiinu tlie cliarity a5 a legal elltiiy sucli as audit fees, costs of trustces
Ineetings and otlier costs incurred ¢omplying witli statutory iEquiremenls.
Giants payable are recognised in the period ill whicli tlie approved offei. is conveyed lo tlie Ircipienl except in
tliose cases wlieie tljc offei. is eonditioiial and Ilie condiliolls ale uiidei. tlie ¢liarity's coiitrol, siicli graiits beiiig
recoginised Ollly when the conditions attaching to the awaid al'e fiilfilled. Gi'aiits offti'ed subject to sucli coii(fitions,
wliicli liave not been met at the balance sheet dale, ait noted as a potential coinniitmejit, but aiE not ti'eated as a
riOREIGN CURRLNCIES
I'i'aiisaclioiis deiioininated in f()I'eign cui'rencies ale i'e¢oi'ded iising Ihe rate of excliange Ivling at tlie date of tlie
ti'ansaction. Molletary assets and liabilitie5 denoininate<l in foreign ciii'i'encies are ti?nslat¢d Lising tlie l'ate of
excliange ruling at the balance sheet date. All excliange gains or 1055e5 are included in tlie statement of financial
aGtivities 111 tlie pei'iod to wliieli tliey relale.

lUGIIF.S TRAVCI L TRUST
PRge 10
FiiiAnciRI st8tenients foi. tlic yeAr eijded 31 August 2023
ACCOUN'I'ING POLICICI S
FUND ACCOUNTING
Tlie gener81 flind coii)pi'ises tlie a¢cllii)ulaled 511rplll%es of iinrestricled incojiiing resoiii'ce5 ovei. resoiiires
expcnded, which are available foi. Iise itl furilieratjce of ihe general ubJ￿LIve of tlie cliarily.
Designatcd fiiiids aye a pai1iculai. form of uiire5tr&¢ted fiijids con%isting of amounts, wliicli liave been allocated or
desigiiated for 5Pt¢ifJt plli'w)ses by the ti'ustee5. Tlle use of designated fund5 remains at tlie disciclion of the
trustee5.
Restricted fi]iids ale funds subject io specific conditions imposed by donoiE. The purpose and use of tlie resti'icled
fund5 ai"e set oiit in tlie notcs to tlie accounts. Aiiiounts unspent at tlie year end ai"e ¢ai'ried foiward itj the balance
sliect.
FINANCIAL INSTRUMENTS
Tlie charity has finai)¢ial assets and finaneial liabilities of a kind that qualify &s basi¢ financial instruments.
Fsiiallcial iiisirllii)ents are iecogniscd in tl)e tliarity's 5tateinent of finaiicial positioii wl)en the cliarity becomes
paity to tlie contractual piDvisions of tlie lllstruinent.
Basic fjnancial insti'iiiiients are recognised initially in the accounts at transaction pi'ice. including any transaction
Costs. At the et)d of eacli accounting period. basic finaiicial insti'umeiils are recognised at amortised c05t. For
debt instruments this is calculated using tlie effective ijitertst rate method.

HUGHES'I'RAVF,l.Tiiusr
Page 11
NOTfÉ.S'l'O'I'IIL II'lNANC.IAL SI'ATEMEI NTS
for tlie year tnded 31 August 2023
Total for
tlie year
enlled
UElI'estricttd Resti'icted 31 AuBu.8t
runds
futhds
2023
Total foi.
thu yeai.
ciidcd
31 August
2022
DONATIONS
Donations and otlier similar iiicoine
£ 886
£886
891
INVESI'MENT INC.OME
Bat]k interest receivable on short term
casl) deposits
15,684
15,684
1.965
£ 15.684
£ 15,684
£ 1,965
INCOME f4ROM THL PROVISIOiY OF
TRAVEL ARRANGEMLN'IS
Travel arraiigement inconie
80,089
80,089
£ 80,089
£ 80,089
TotAI for
tlie year
ended
Uni'estl'LCtcd Resti'ieted 31 Augu$¢
funds
rurtds
2023
Tothl for
tlic year
elided
31 August
2022
GRANTS GIVEN
Grants givell to institiitions..
Gospel Hall Trusts
21,350
£ 21,350

IIUGHES TIIAVEI, TRUST
PAge 12
NOTEI S l-C)-I'IIL lilNANC.IAI. S-I'A'fEMCI NTS
for tlie year ¢iided 31 August 2023
.1 otal for
tlie yeai.
etided
Suppoi't Govei'nAnce 31 Augu%t
C0515
eosts
2023
Total foi.
tlie yeAI'
enil¢d
31 August
2022
SUPPORT & GOVCI RNANCE COSTS
Legal and piDfessioiial
A¢countaiicy and advisory
Excliange losse8llgainsl
Telephone
Postage, printing and stationery
Coinpiitcr expeiise5 dnd %iippoi
Motoi., ti'avcl, rooin liire and subsistence
Bank ¢h#i'ges
oilier office costs
Depreciatioii
18,600
18,600
3,680
4.180
4,180
4,527
5,614
2,351
919
247
5,614
2,351
919
247
13,765
9,859
1,682
212
£ 13,303
£ 18,6QO £31,903
£ 33,747
YeAI'
etided
31 August
2023
YeAI'
ettded
31 August
2022
STAFF COSTS
Tlie aveiage Imonilily numbei. of persons einployed by tl)e ¢harity
(excludijig trusieesl dllriiig the yeai. was, as follows..
Adininistixtive staff
Tlie trustee8 i'eceivcd no reiniineratioii foi. their seiviees to the charily oi. its subsidiary dLiring ilie ciii'rent
or previous year. I r115tees i-eceived reiinbuiEeinent for expenses incuried on belialf of tlie chai'ity dui'ing
the year of £460 {2022.. £nill.
Dui'ing tlie year Ihe chai'ity settled pei3onal expciiditure of £19.80212022.. £iiill on behalf of a truslce. At
the year end Ilie trustee owed tlic cliarity £19,80212022 £nil). This aniount has been iepaid irt full aftei.
tlie yeai. end witli interest cli21.gcd at FIMRC'5 official ixte.
Tlie trustees aye tlic only key maiiageinent personnel.

HUGIIES TRAVCI L TRUST
Pagc 13
INO'I'LI S'l'o Tlll,: f4lNANLIAL STATEMENTS
for tli¢ yeai. eiide(131 August 2023
DEBTORS
31 Augu8t 31 August
2023
2022
Ainounls falling due witliin one year..
Tiade debtoi's
oilier debtor5
26,595
45.827
£ 72,422
CREDII'ORS: AMOUNTS FALLING DUE WII'HIN ONE YEAR
31 August 31 August
2023
2022
Ainouiils falling dlle within one year..
Trade creditors
Otlier creditors
Accruals
3,420
26,278
28,080
703
2.100
£ 57.778 £ 4,364
THE fiUNDS OFTHE CHARITY
Tr#n5fei's
betiveen
funds
I Septeillbe
2022
Incoming
i'esoui'ces
OutgoÉng
i'esources
31 August
2023
Uiiyesti'icttd ineoine funds..
Genei'al Fulld
1,797,206
96,659
1108,6241
1,785,241
TOTAL fi UNDS
£ 1,797,206
£ 96,659 £1108,624)
£ 1,785.241
io.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Net
cui'j'ent
assets
Fixe
115sets
Provisi0115
TotAI
Unrestricted income funds:
Gellei'al Fuiid
1,785,241
1,785,241
TOTAL TrUNDS
£1,785,241
£ 1,785,241

HUGHES TRAVII I, TllUS'I'
Page 14
NO'I'ES'fo TIIE filiYANCIAL s'fATEMC4 NTS
fui. tlit year eijded 31 Aiigust 2023
COMPARA TIVE STAI'EI MCI NT OF FINANCIAL ACTIVITIE%
Total for
tlie year
Unie5trieted Re5trictcd
fuiids
funds
31 Aiigust
2022
INCOMI
Donations
It]V¢5tinent income
889
1,965
889
5,965
TOTALINCOME
2,854
2,854
EXPENDEDITURE
Cliai'itable attivities
Provisioii of travel arratigeiiieiits to aid
tlie religious purposes of ilie Brctliren
Grants give
Otlier
258,695
21,350
33,747
258,695
21,350
33,747
TOTAL EXPEI NDEDITURE
313,792
313,792
NET INCOME AND NEIT MOVEMEiYT
IN FUNDS
(310,938)
(310.938}
REICOiYCII,IATION ov f4UNDS
Fiiiid balances broLiglit foi'wai
at I Septernbei. 2021
2,108,144
2,108,144
FUND JIAI.ANCES CARRIED FORWARD
at 31 Aiigu.%l 21)22
1,797,206
1.797,206