Charity Registration No. 1063418 THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2023 Tru8tee8 Mrs D S Jenkins (Chairl MrsWJ Baker MrCJ Hunt MrB K D Mayberry ChaTIty numb•r I3418 Ptlneipal offlce knsty House H¢nfield Road Sffl811 Dole Wast Sussex BN59XH Auditorn TC Group The Courtyard Shor&h&m Road Upper Beeding West Su88ÈX BN44 3TN Bankers Charities AHI Foundatfion CAFCASH Ltd 25 Kings Hill Avènue ngs Hill West Malling Kent ME19 4TA
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST CONTENTS Page Tnjstees. report Auditorfs rèport Statement. of Flnancial Actmues Balance Sheet Notes lo the Accounts 8-14
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2023 The trustees present their report along wrth the financial sts18nnls of the tharty for the yèar 8nded 31 March 2023. The financial stalemenls have been prepared in accordance with the 8¢counting poli¢ie8 set out on pag¢s 9 and comply wi(h the charity's trust deed and appli¢able law. Objgctlves and Activsti•$ The charity w88 fom7ed with the primary objectives of reliewng the h8r(Ishlp 13c8d by prisoner3 and the famllies of prisoners and reliewng the suff8ring of animals. In addthon, wider powers are conferred on the trustees to make other charitable donations al their absolute dis¢relion. The trustees have cornplied with the duty in section 4 of the Charfli&s Act 2011 to have due regard 10 9uidance published by th8 Charity Commission. including guidance on Public Benefit. Achlovements and PerfornianG• Grant applicallons are generated from a wariety of sources, principally from the Charity Commission register, the Citizens, Advrce Buroau and various grant giving guides. Thé tnjslees, philosophy is primarily lo assi51 charitsble bodies with emergency operational funding ralherfhan capital projècts. The Irusl¢es insislthal all grant applications be made in wtitin9. A quorum of trustees reviews the applications on receipt and de(ydes immedialely or reque$18 further information. Forrnal tneelings of all the trustees aTe hèld as and wh8n necessary and at least annually. The Itustgos have ensured that the chaiity has delivèred PLJblic benefit in the areas of tl)e lie1 of povety suffere(I by prisontsrs and the families of prisoners, the 8dv3ncement of ¢itizenship in contributing to the rehabililalion of prisoners. and the advancement of animal welfare. The Iiuste&$ have carefully considèred grant application8 received and ensured that they have mèt th8 obiectwes of the charity as sel out above and are beneficlal lo the public. Financial Revi¢w The trust has a pèrmanent ondowmenl of just over £3.3million, which generates incomè to b8 used for the objects of the charity. During the year Inveslrnenl income of £305,066 arose. Grants payable during the year totalled £105,401. as detailed in note 4 to the accounts, to a diverse range of both institutional and individual Bauses. There are no roslri¢tions on the charity's power lo invést The inv6Stmenl 51ralegy sel by the trustees is to prots¢l the capital base and maximisp the immediate income retum On the permangnl ¢ndowmen, which 1$ being achieved by selective quality fr&ghold investment and deposit accounts, The trustees have not yel set 8 monelary reserves tsrget as the expg¢tation has been, and MainS, that th8 potential primary benefi¢iarie$ of the d)ariiy ar8 signrficanly highei than those rrentlY being servieed. Once th8y are confident that all has been done to idÈntrfy and quantify the long term level of demand, the reserves will be..sel accordlngly. In the meantime the trustees are minded to bg Caulious in their approach lo using r8S8rv8s. Financiol Review- Res0ry0s Poll¢y The Iru81eÈs arè also conscAous of the specific clause in the Trust Deed encouraging thn to acoumulatg additi9nal pApital in thè eady yeats lor the long Igmi good of the charity- Structure, Govamanc• and Management The Michael and Shirl8y Hunt Charitsblp Tst is constituted by Tmsl Deed dated 26 JU 1997. The Charrkable Trust's Settlor, Mr. Michaèl Hunt, passed away beiw88n the reporting yeaf end and the dale Ihese accounts were signed. The twstees named on the legal and administrative inform8tion page have served throughout the year and Since the year end. Apw)intrnent of trustees is govemed by the Tfust Dg&d of the charity. whereby the existing Iru8t8es have the power 10 8ppoint furth8r trustees as required. The day lo day work of the charity is caffled out by the trustees, a8S18ted by vc4unlary administrative and bookkeeping staff as required.
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2023 If any furthortrustees WgTe appointed, they would be introduced lo their now role and 9iven copies of the trust deed and a guide to the poli¢ies and procedures adopted by thè charity. A nurnber of publications from the Charity Commission would also be provided lo ensure that new Iruslees would be aware of the scope of theiT r8sponsit>ilities under the Charities Act. R6f8r&n¢g and Administrative Details The Michael and Shirley Hunt Charitsble Trusl is a registered charity, number 1063418. See the legal and adminislr8live information page for the a(Jdross of the principal office and the dètails of the individuals who served as Trustees during ttte year. Tru$to98' Respon$lblllVos In relatlon to the Financial Statements Law applicable lo ¢haritl8s in England and Wales fftquires the trustees to prepare financial statements for èach financial year which givg a true and fair view of the charity's finanaal activities during the year and of its finandal position al the end of the year. In preparing those financi815talements, the trustees are required to- al select suitable accotjnting ptsliues arml apply them ctsnsistently; bl mak8 judgements and estirllates that are reasonable and prudent., I stat8 wh8thèr 3pplie2ble accounting standards and statements of recommandèd pr3etiee have been followed, subpct lo any departures disclosed and explained in the financial statements., dl prepare the financial s181emenls on a going con¢em basis unless11 is inappropriat8 to presume that the charity will continue in operation. The Eruslees are responsiblè for keèping 8¢¢ounling records whlch disc105e with reasonable accuracy at any timè the finanaal position of tho ¢harity and enable Ihern lo ensure thatthe financial slalemenls comply with the Charitl8S Act 2011. They are also iesponsible for safeguarding thè 8ssels ol the Charity and hence for tsking reasonable steps for the prevonlion and detection of fraud and othèr irregularities. Approval This port was approved by the trustees On29yO24 and 51gned on their behalf Trustee
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST AUDITOR'S REPORT TO THE TRUSTEES OF THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST We hav& audited the financial statements of The Michael and Shidey Hunl Ch8ri1ablè Trust for the year erhjed 31 March 2023 which mprOMISè the Statement of Financial Activities, the Balanc• Sheet and notes 10 the finanal slalemFnts. Th& financial reportiny framework that has been applied in their pr?paration is applicable law and United Kingdom A¢eounting Standards, including Financial Repoitng Standard 102 The Flnancial RBporting Standard applicable in the UK (United Kingdom Generally AccÈpted Accounting Practice). In our opinion. the ffinancial slat0ments'. glve a true and fair view of th¢ state of the charitable trust's affairs as a131 March 2023 and of its incoming resourc8s and application of resources. indUd9 its Inrne and expenditure, for the year then end8d', have been properfy prgpared in accordance with Uniied Kingdom Generally Accept8d Accounlinu Practice., and have been prepared in accordance with the requiremènts of th8 Charities Act 2011. Basls of opinion We condy¢1 our audrt in accordance with Int¢mational Stsndards on Auditing (UK) IISAS IUIQ) and applicable law. Our r¢sponsibilities undar those standards are further describ¢d in the Auditorfs responslbilities for thè aLJdit gf the financial ststemenls section of our report. We are independènt of the charitable trust in accordance with the ethical requiremants that are Televant to our audit of the finanaal statements in tho UK. including th8 FRC'S Elhi¢al Standard, at)d th• provisions available for small gnlilies, and we hav& fulfilled our ethical responsibilities in accordance wiéh these requirements. We bèliev8 that fhe audit evidence we have obtained is sufficient and appropriatè to proMd8 a basis for our opinion. Concluslons rglatlng to 9olng concern In auditing the financial statements, we have conduded that the Irust¢¢s' use of Ihg going concem basis of accounlSng In ihe preparatlon of the financial stslements 18 appropriate. Based on the work we have performad, we hava not id8ntified any material uncertainties relating lo events or conditions that. iridividu811y or collectiv¢ly, may cast doubt on the charltable trust's ability lo continuo 8$ 8 going ncem for a period of at lèast e1ve months from when the financial statements are aulhoriz¢d for issue. Our rosponsibililie8 and the responsibillties ol the Iwsleas with respect to going ncern are deribed in the i¢levant section8 of thls report. Othèr informatlon The other information comprfses the inforfflalion included in the annual report, including the tru51oes' report, other than the fin8noial statements and our auditorfs report thereon. The truslees are responsible for the oth&r infomiation. Our oplnion on the financial statements does not cover the other information and, except to the gxtent otherwise explicidy slated in our report, we do not express any folm ol assurance condusior) thereon. In connection with our audit of the fin8neAal statement8, our responsiblllty Is to read the other inforrnalion and, in doing so, consider whether th8 other infomiation 15 materially inconsistent with the financlal slalements or our knowledge obtained in the audit or otherwise appears lo be materially misstated. If we identify such materi81 Inconsistencies or apparent material misstatements. we are r8quired to datemine whether ther8 is a materfal misstatement the finanoal statements or a material wpisstslement of the othér information. If. based on the work we have performed, we conclude that th&re is a material misstsl?menl of this other infomiation, we are required lo ieport that fact. We have nothing lo report in this regard.
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST AUDITOR'S REPORT TO THE TRUSTEES OF THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST Opinions on oth•r matt•f¥ prgscribed by the Charttses Act 2011 In our opinion. based on the work undertaken in the cours8 of the audit.. the information given in the trustees, report for the financial year for which the fin8naal slalemenls are prepared 16 consistent with the financ4al statam6nts,' and thè trustèès, repttrt has been prepared in accordance with applicabl¢ legal requirements. Mattern on whl¢h we are requlred to roport by oxcepoon In the light of our knowledge and understanding of thè chgritable trLJsI and its enmronmenl obtained in the course of the audit, we have not idenb'fied material misststements in the trustees, report. We have nothing lo r8port in respect of the followin9 mattars in rélation to whieh thé Ch8ri1ies Act 2011 requires us lo report lo you if. in our opinion.. adequate accounting records have not been kept. or retums adequate for our audit have not been received from branches not visited by us," or the financial stalernents are not in agreement with the accounting records and relum8- or certain disclosures of trustees. remuneration specified by law are not made., or we have not received all the information 8lld explanth'ons we require. Re$pon5ibilities Of trustees As explained more fully in the Iruslees, responsibilities ststement, the are responsiblè for th8 preparation of tho financial ststeménts and for being satisfied that they give a true and fair view, and for such internal control as the Iwslees determine is neGes5ary to @nable thg preparation of financial statements that aro free from material misstslennt, whether due lo fraud or érror. In preparing the financial statements, the trustees are fesponsible for assessing thè charitable Irusfs ability lo continue as a going concem, disclosing, as applicable, matters relatèd Io going coneem and using the going ncem basis of aCunting unless the trustees either inlend to liquidate the charitable trust or to ¢eas8 operations, or have no realistic allemalive to (Jo so. Audlto*s re#pon$ibilitio8 for the audit of the flnanclal $tatsmonts Our objectives are lo obtain re8s0n8bl8 as8urance about whether the financial statements as a whtsle are frèe from material misstslemenl, whether due to fraud or error, and ¢0 issue an auditor'5 rgPQrt that includes tsur opinion. Reasonable assurance is a high level of assurance. bul is not a guarantee that an audit conducted in accotdan¢x with ISAS lu will always detect a material misststemenl when it oxists. Misstatements can arisè from fraud or error an(1 are considered material if, individually or in the aggregate, they could reasonably be expected lo influence th8 economic deasions of users taken on the basig of these financial statemènts. Irre9ularili9s, inclwjillg fraud, are instances of non-complianc8 With laws and rÉgulations. The extent to whi oui procedures are capable of detecting irregularities, induding fraud, is del8iled bèlow. Extentto whlch the audit was consid•r&d capable of dotstting irregularitie$, including fraud The objectives of our audit, in respect lo fraud, are.. lo identfy and assess the risks of m8l¢rial mis$lal&menl of the financial stat8menls du8 to fraud,. lo obtain sufficient appropriate audit ewdtsnce regarding the assessed risks of malerial misstat8mènl duè to fraud, through designing and implernenting appropriate responses,. and lo iespond appropriately lo fraud or suspected fraud ident.ed during the audit. However. the primary IBsponsibility for the prevenbon and detection of fraud résts with both thosÉ charged with govem8nce,of the entity and rts management.
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST AUDITQR'S REPORT TO THE TRUSTEES OF THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST Our approach was a$ follows: We itlenlified ar8as of laws and regulations thal could reasonably be expect to have a material effect on the financial ststemontsfrom ourgeneral s8ctorexperienGe, and through discussion with the trustees and other managernenl las required by auditing standards). and discussed with the Itustofys and other managemènt thè policies and procedures regarding (vmpliance with laws and r8gulalions (see below),. We id@nlified the following areas as those most likely to have su¢h an effect.. health and safety., Gèner81 Dats Protection Regulation IGDPRI,. fraud,. and bribery and corwplion. .Auditing standards limii the required audll procedures lo Identty non-compliance with th8se laws and regulations to enquiry of th8 tWSt and other m8nag6m8nl and inspeclion of regulatory and légal correspondence, if any. W8 considered the legal and regulatory frameworks directly applicable lo the financAal slalemenls r8POrting framework IFRS 102 and the Charitles A¢t 2011) and the relevant lax compliance regulations In the UK. We considered the nature of the charitable trust's operations, th8 control environm8nl and financlal performance. We ¢ommunlc8led identified laws 8nd r8gulations thruughout our team and rémained alert to any indication8 of non-compliance throughout the audit. We considered the proe8dures and controls that the charitable trust has establi8hed to 8ddress risks dentified, or that otherwise prevent, deter and delect fraud., and how senior rnanagemènt monitors those progrdmmes and controts. Bas&d on this understanding we designed our audit PrOdreS lo identify non-compliance with such laws and regulations. Where the risk was con$id8red to be hrgheT, we perfomied audit procadures to address each denlified fraud risk. These procedu$ includgd.. testing manual journals., reviewing the ffinancial statement dbsdosuS and testing lo supporting documontation., performing analytical prLKedure8,' and enquiring of management, and werè dèsignad to prowde reasonable assurance that the financial sla18ments wara tree from fraud or error. Owing lo the inhBrènt limitations of an audit, th8rè is an unavoldablo risk that we may not have detected some material misstalemenls in lh¢ finanaal statements, Èven though we have properly planned and parformed our audit in accordance with au¢Jiling standards. For examplè, the further removed non-CDmplian(E with laws and regulatlons lirrègularitiesl is from the entS and transactior18 refle¢ted in the finan¢i21 st8t8menls, the le8s likely the inherently limilgd proTrdures requId by auditing standards would identify it. The risk Is also greater regardin9 irregularities occurring due to fraud rathpi than error, as fraud involves intentional conGaalment, forgery, collusion, omission or misrèpre5entalion. We are not responsible for prèventing nonacomplian¢e and cannot be expected to delect ncffi-compliance with all laws and iegulattons. Use of our rèport This report is made solely lo the charitable trusvs members, as a body, in accordance wlh the charit5 Act 2011. Our8udit work has been undertaken solhatwe might state lo the charttabltr Irusvs members those matters we are required lo stat8 to them in an auditors, report and for no other purpose. To Ihe fullest extent P8rmitted by law. we do not accept or assume responsibility lo anyone oth&r than the charitsble trust and the Charitable trusf$ members, as a body. for our audit work. or for the oplnions we have formed. Mark Cummlns FCCA (Senior Ststutory Audltorl for and on behalf of TC Group Statutory Auditors Office.. Steyning, West Sussex Dated.. 31 January 2024
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023 Unrnstriet funds Endowmènt fund¥ Totsl 2023 Total 2022 In¢¢)ming reBourcè5.' Investsnent income 305, 305, 237,411 Total incoming resourees 305,066 305,066 237,411 Resources expended: Charitable expenditure= Grants payable M8nagem8nt and administration 105,401 7,322 105,401 7,322 85,694 4,234 Total r•sourees •xpend•d 112.723 112,723 89,928 Net mov•mÈnt in funds in the year beforg r&valuation 192,343 1134,3931 192,343 147,483 Transfers betsveen funds Revaluation in freehold propety 12 134.393 82,500 Net movem9nt In funds 57,950 134,393 192,343 229,983 Rtr¢oncillallon of fund8 Total funds brought forward 4,654,759 3,214438 7,869.197 7,639,214 Total funds carrigd fopward 4.712,709 3,348,831 8.061.$40 7,869,197 All income and gain8 fcx Ihè period arè rgnISell above_ All of the companys activities ate classified as continuing. Thè not8s on pages 8 to 14 form part of these finanaal statements.
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST BALANCE SHEET AS AT31 MARCH2023 Unmtri¢tsd Endowment funds fvnds Total 2023 Total 2022 Notes Invo$lments Freehold property 3.348.831 3.348.831 3,348,831 Current assèts Debtors Cash 8t bank and in hand 10 50,138 4,715,034 50.138 4.715.034 18.474 4,550.887 4,765.172 4,76S,172 4,569,361 Credltors: amounts falling duo within one year 152,4631 152,4631 148,995) Net currgnt assets 4,712,709 4.711709 4,520.366 Total net ossets 4,712,709 3.348.831 8.061.540 7.869,197 Funds 12 4.712,709 3,348,831 8.061 7.869,197 Th8 accounts were approved by thè trusteès on .................. y24 and signed on their behalf. Mrs D Jènkins - Trnstèo (Chalr
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 Publlc Banefit Entity The Michael and Shirley Hunt Charrtable Trust is ¢onsts'tuled as a charitable trust and registered in the United Kingdom. It is a Public Benefit Enlity. A¢¢ountlng policles Basi5 of PreparOn The financial statements are prepared in accordan with the Accounting and Reporting by Charilie8.' SlalBment of Recommended Praotice applicable to charities preparing their acnts in accoidance with the Financial Rèporting Standard applicable in the UK and Republic of Irgland (FRS 102, effective 1 January 20191- ICharÈti¢s SORP IFRS1 D211. As5els and liabltIeS are initially recognlsed al historical cost ortransaclion value unless olh8nMise ststed in the relevant accounting policy nolels}. The financial statem8nts are prepad in slerfing, which is the functional currency of the charitable company. Monetsry amounts in the68 financial ststemenls are roundbd lo the nearest pound. Going eone•rn The Iruslees considerthat the tharity wll b8 a going concern for a perilxl of al least e1Ve months following the date of the audit report. 2.3 Incomo Investment inrx)me is aeeounted for in the period in which the charity is entitled lo ioceipl. 2A ROUrCeS axpendèd Expenditure is accounted for on an aceru81s b8SiS. Grants pgyable are charg8d in the year when the offer 15 conveyed lo th8 r8eApi8nt 8xcapt in Ihose Cases where the off&r 1$ conditional. such grants being recognised as expenditurfy when the conditiors 8ttaching 8re fUilled Management and adminislralion Comprises costs lor the runnlng of the charity Itself as an organisation. Fund accountlng Unresliicled funds compKis8 those funds whith thè Irust6es are Iree to use in accordance with Ihe charitable objectives. Endowment funds represent those assets which must be held p8rmanènlly by the tharity. Incorne arising on the endowmonl fund can be used in SrdanCe with the objects of the ch8rity and is included as unrestricted income. Any capitals gains or1055es arising on the 8ndowmenl fund investments form part of the fund. Ihvosbnent property Investmenl property is measured al Fairvalue with gains or losses in Fairvalug regnised In the Slalemenl of Fin8n¢181 Acliwlies. 2.7 Cash at bank and in hand Cash al bank and in har includes cash and short-lemi, highly liquid inv8Stm8nts. Thè trustees seek lo use short-term deposits lo maximise tho retum on monles held 81 the bank and to manage cash flow.
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST NOTES TO THE ACCOUNTS ICONTINUED FOR THE YEAR ENDED 31 MARCH 2023 Debtors Trade and other debtors aro reo)gnised al th8 s8lllemenl amount due. 2.9 Cr•dktors and provisions Creditors and piovlsirms are recognised where the eharity has a present obligation resulting from a p8 evontthatwill probgbly r6suII in a transfer of funds lo a third party and U)é amount due to setde the obligation can be measuréd or e51iTnaltrd reliably. 2.40 Aceountlng estimates and judgements In the application of the charity's accounting policies, th8 trustees are required to make judgements, eslirn8les and assumptions abDut Ihe carrying amounts of 88sÈts and liabilttl88 that ar8 not readily apparent from other sources. Thè èstimglès and associated 8ssumplions aro based on historical experience and other factors that are considered lo b¢ relevant. Actual results may dtffer from these esllmat¢s. The ests"mates and undedylng assumptlOn8 ar8 r8viewed on an ongoing b8sis. Revisions Its 8w)unling estimates are rocognised in the poriod in which thè Èstimate is Tewsed if the revislon only affects that pariod, or in the periods of the remsion and future Deriods if the r¢vision affects both current and future Derlods. Investment ineome 2023 2022 Net rents receivable Int¢st on cash dèposits 237,924 67,142 229.279 8.132 305,066 237,411 Grants payable 2023 2022 The amount payable in the year comprises.. R$ll&f of hardshlp of PTisoners and prlson•r5' famille¥ Instilutson81 gRnls.' Hallow {BiTmingham) - grant for chlldren's activities at HMP Oakwood New 8ridge- Prisoner tfriending service contribulion Create- workshops for prisoners lo ue818 bDoks for their children The No Way Trust - assistsnce with educatlonal workshops for wlner8bl8 people Crisis - grant towards Critical Time Int8rv8nlKsn project Koesller Arts- Art workshops for prisoners Pri$on F8llowship- grant t(Iwards 2022 Angel Trea Christmas Project argaret Carey Foundation Ltd - grant for setting up new prisr)n w0shopS Ormiston Families - grant towards Breaking Barriers service Prisoners Abroad - grant towards Family Travel Fund SOFA ProJe¢t Ltd- work experience for prisonpTS refurbishing whil8 goods Prisoners Penfriends- help with 5tstionery and admin Gosls of volunloers Families OLtside- Kerri Scott- 1p with flat furnishing 3,000 2,300 4.000 2,000 5,000 2,000 3,856 1.500 1.000 2,000 1,000 1,000 4000 1500 1,000 1.085 3,000 1,000
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Modern Art O)rford - programme working with thildren impacted by parental imprisonment RAWWorkshop- grant re training pro9ramma 8t HMP Spring Hill PACT Prisoners EdLJ¢2tion Tru$l- gront lowaTds advice line Me$s8gtr onterprise cenlTe - grant to support two London t8am membe 2 other inslilutional grants under £1,000 each12D22'. 2 in lotall 1.000 2.000 1.880 2.000 2,000 1,000 860 880 30,266 2,828 24.59S Grants to 19 indiiduals12022.' 8 indiwduals} 31093 25,529 Relief of suffering of animal Institub'on81 grnnls." Rain R8soue- help with homeless cal8 and dcJS Secret World Wildlrfe Rescue- grant for Incubat0 and brooders Oak Treè Animals Charity - help with animal woware costs Support Dogs help wf(h ITaining costs for dogs that help with autism & epilepsy Soulhem Thailland Elephant Foundation - assistance with wnning costs Brent Lodge Bird & Wildlifè Trust - grant for hab and treatment for wildlife casualties Bam Owl Trust- protect and conservè barn owls RSPCA Nlh Wilts & Newbury DistriGt- grant for rèfurbishmenl of wildlife cènt Blthlldog Rescuè & Rehoming Trust- help with urgent veterinary care South of Scotland Wildlif8 Hosprtal - grant lo help wscue Inwred or Diphaned wildllfe Tia Rescue - grant towards constmction of kennel blod( Stokenchurch Dog Rescu¢ - grant towards veteiinary fees Greyhound R8scu8- grant to assist with veterinary Costs Himalayan Animal Treatment Centre (UK) - assistsnce with running costs C81 Welfare Group- assistan with costs to neuter Gats and klttens Forever Hounds Twst- assislanee with running costs Moortand Mousie Trust- grant towards work with Exmoor ponies Woddwide Veterinary Ser*ice- grant t¢)wards costs of essonb'81 medianes Remus Memorial Horse Sancluary - grant towards costs of a woodchip Pet Food Bank S8Tvice- assistance with mnning G08ts Dèan Farm Trust- assistancè with running costs Rayslede Cèntre for Animal weare- assistsnce wilh running costs Prevent Unwanted Pets- grant towards costs of veterinary trèatmènts Mayhew Animal Home- grant lo fund 25 care packages lor pets of homel&s8 C8tacègn Rese8reh & Rescue Unil- grant towards cost of quad bike Endangered Species Protedion Agen¢y - gr8nl lo h8lp protect UK peregrine fal¢ons Goodheart Animal Sanctuaries- grant towards rehabilitation and spacial car8 unil Good Lif8 Dog R8scu8 Newea$tl&upon-Tyne Dog & Cat Shelter 1.000 1,000 1.000 1.000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1.000 1.000 1.000 1,000 1.000 1.000 1.000 1.000 1.000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 2,000 1.500 1.000 io
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST NOTES TO THE ACCOUNTS (CONTINUED FOR THE YEAR ENDED 31 AIARCH 2023 Freshfields Animal R?scue Dog Friends- grant for velgrinary bills Flori's Friends Réscue Hopè Rescue Centre- grant for n¢w CCTV system Canine Con¢ern Scotland Trust F8rplace Animal Rescue Animal Antics - help with costs of animal enrichmenl equipment NSARDA Street Vel Clymping Dog Sanctuary Donkey Sanctuary RSPCA Coventry & Di8trict- grant for replacing flooring in kgnnel blocks Guide Dogs for the Blind training costs for guide dogs Hopefield Animal Sanciuary Dogs for Good- grant to refurblsh konnel shower 7 other Insululional grants under £1,[0{2022.. S In totaD 1,000 1.000 2.000 1,000 1.oc 1,0 1,000 2,000 1,000 1,000 2,000 2,700 1.QOD 1.000 3,715 4,300 32.300 34,915 othor d¢serving ¢au8e$ Inslilutional gronts.. DEC Pakistan Flood Appeal St 8arnaba8 Hosplce - support for lopAI hospice Reengagts- supporting teleph)n¢ befriending for th8 elderly in Sussex Kinshbp Care N Ireland - Xmas appeal for gifts for children unable lo live with their parents Sl WiMreds Hospic8 - support for10¢g1 hospice DEC Earthquake Appea1 Martlets Hospice- support for local hospice Rockinghorse - therapeutic activilles at Ghalkhill Child mental health unit DEC Afghanistan Crisis App631 Off the Fence- supporbng the hc•m8léss Sn Brighton & Hove 1 other instituional grant under £1.(YJO12022.. 1 in lolall 10,000 7,000 1.000 1,000 7,IXIO 1,000 2,500 3.258 10.000 7,000 7.OCKI 1.000 5,000 1,000 750 750 40,008 25,250 TOTAL GRANTS PAYABLE IN YEAR IOS,401 85.694 Of whid) w8r8 paid lo institulions Of which were paid to individuals 102.673 2.828 84,761 933 105A01 85,694 li
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST NOTES TO THE ACCOUNTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2023 Managgm•nt and admlni$tratlon 2023 2022 Audit lee Bank charyes 7.200 122 4,080 154 7.322 4,234 Slaff costs and trustses. remuneration No remuneration was paid lo the tru51ee5 in the year, nor were any trustees, expense5 reimbursed. All duties were performed by the Iruslees themselves, with occasional voluntary adrninislralive assistance. Taxatlon All of the charity's income falls within exemptions und8r Part 11 of th8 Corporation Tax Act 2010. Comparativè Funds- stat1•nt of FinancFal Activiti•s for thè Year Endod 31 March 2022 Unre51ri¢led lunds Endowment Funds Total 2022 In¢omlng re$ourcg$'. Inve8lmenl Income 237,411 237,411 Total Incomlng resources 237,411 237A11 Rour¢8$ eXn+(L. Charitable expenditurè.. Grants payable Management and administrali¢Jn 85,694 4,234 85,694 4,234 Totsl rosour¢e$ expended 89,928 89,928 Net movement in funds in tho year before revaluation Revaluation ¢f freehold propèty 147,483 82,500 147.483 82.500 Net movement in funds 229,983 229,983 Reconcillation of funds Total funds brought forward 4.424,776 3,214,438 7,639,214 Total fund¥ canled fovHard 4,654,759 3,214,438 7.869.197 12
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 Inve$tmonts 2023 2022 Market value brought forward Addition in yea( Revaluation in year 3,348,831 2,949,500 316.831 82,500 Market value carried fOard 3.348.831 3,348,831 Invoslmenl$ al market value comprised UK freehold PlC¢Pgfty. Historical cost as al 31 March 2,782,838 2,782,836 The investmonl properties are sllualed in th8 UK and were valued on the basis of fair value by the trustses al 31 Mar¢h 2023. The trustees, valuations of the properties a based on 2019 extfrrnal fomial valuations by R H Newman FRICS, or the cost of purchas? where a proptsrty has nol been formally valued, adjustèd for moverllenlg In appropriaté market indicEs and where trustees a 8w8re of changes in materlal value. In the opinion of the tNslees Ihgre has been no material change lo the tnarkfrl value of the properties during the year. 10 A¢¢rugd Income and d•btors 2023 2022 Oth&r debtors and prepayments Accrued income 13.102 5,372 50.138 50.138 18,474 11 Creditor8 and accrual$ 2023 2022 Aral$ Deferred income 7.308 45.155 3,840 45.155 52,463 48.995 Ogferred income represents rent paid in advance pertaining to the financial year ènded 31 March 2024. 12 Endowment fund Balanco at I April 2022 Incoming re¥our¢•s Re50ur¢es expended Transfers Inlout Galnlllossesl Balance at 31 Mar¢h 2023 3.214,438 134.393 3,348.831 The endowment fund reprèsents the amount initially endowod vpon the charity that is inve51ed at Ihe trust8es' discretion in ordei to maximise a return. and adjusted for any rev8luab.on in investments. During the year, £134,393 was transferred into the endowment fund, b8ing revaluation gains recorded in 2022 and 2021. in order lo correctly classify these as endowment fund8 in liné with accounting policy 2.5. 13
THE MICHAEL AND SHIRLEY HUNT CHARITABLE TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023 13 Relatsd party trdnsactions Th¢ Trust r¢¢givos r¢nlal in¢ome from a rgl*ed paty, 8irchwood Garages LimSled, which is related due to on¢ of the Iruslees btring a diw¢tor pf Ihg ¢onpany. Tha amount of r8ntal in(xJm8 r8eaiV3b]è from thè rel8lÉd party in thè yèar was £142,00012022.. £142,000). Als0 during the y8ar. The Michael and Shirtey Hunt Charitable Trust Teceived an additional £3,63712022.' £3,703) frorn Birchwood Gafages, being recharges of insuranc8 costs incurrèd Dn behaK of Birchwood Garages. 14