2025-05-31-accounts - The Geoff Hill Charitable Trust

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The Geoff Hill Charitable Trust

Charity no: 1067258

Report and Financial Statements

For the Year Ended 31st May 2025

for

The Geoff Hill Charitable Trust

Contents of the Report and Financial Statements
For the Year Ended 31st May 2025
	Page
Legal and administrative information	1
Report of the trustees	2
Independent examiner’s report	3
Statement of financial activities	4
Balance sheet	5
Notes forming part of the financial statements	6

The Geoff Hill Charitable Trust

Page 1

Legal and administrative information

Trustees: Susan Mary Hill Linda Cartwright Keith Hough Pat Marson Maria Kirkham Adam Peter Morgans Address: c/o Mrs Susan Mary Hill Tinkers Cotttage Lawnswood Stourbridge West Midlands DY7 5QP Independent Examiner: R M Franks FCCA 58 Corser Street Oldswinford Stourbridge West Midlands DY8 2DQ Bankers: Barclays Bank plc Solicitors: Higgs & Sons 3 Waterfront Business Park Brierley Hill West Midlands DY5 1LX

The Geoff Hill Charitable Trust

Page 2

Report of the trustees For the Year Ended 31st May 2025

The Trust was founded by Geoff Hill MBE in 1997 and has supported many local charities since then. In memory of Geoff, the Trustees, led by Geoff's wife Mrs Susan Hill, continue to administer the Trust on the same basis now and in the future.

The Trustees present their report along with the financial statements of the charity for the year ended 31st May 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 6 and comply with the charity’s trust deed and applicable law.

Constitution and objects

The Geoff Hill Charitable Trust is constituted under a trust deed dated 18th March 1997 and is a registered charity number 1067258.

The objects of the charity are to support and/or promote local charitable purposes, including individual cases of special need/hardship or distress.

Trustees

The trustees who have served during the year and since the year-end are set out on page 1. The Trust actively seeks new trustees with relevant expertise and interest in the area and provides new trustees with appropriate briefing as to the Trust and their responsibilities. Trustees are appointed by the board of trustees and serve indefinitely. The trustees meet as required to discuss the affairs of the charity.

Review of the year

During the year the Trust’s regular interest income amounted to £12,024 (2024 : £4,762) and rental income from the freehold property investments was £47,678 (2024 : £48,834).

In response to the very many deserving cases in the locality the trustees, after exercising their discretion, made donations and grants in the year of £36,344 (2024 : £32,813), representing some 50% of the Trust’s total general income, and benefiting some 176 different cases of need or hardship.

The trustees are, as always, extremely mindful of the voluntary assistance that continues to be so generously given and express they’re thanks to all concerned.

In conclusion, the trustees are very satisfied with the trust’s performance, and are confident that it will continue to respond positively to alleviate the ever-increasing needs of the local community.

Approved by the trustees and signed on their behalf by:

Mrs S Hill Trustee

Dated : 29th August 2025

The Geoff Hill Charitable Trust

Page 3

Independent Examiner’s Report to the Trustees of The Geoff Hill Charitable Trust

For the Year Ended 31st May 2025

I report on the accounts of the Trust for the year ended 31st May 2025, which are set out on pages to 4 to 7.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 and that an independent examination is needed.

It is my responsibility to:

examine the accounts (under section 145 of the Charities Act);
follow the procedures laid down in the General Directions given by the Charity Commission
(under section 145(5)(b) of the Charities Act); and
state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

which gives me reasonable cause to believe that in any material respect the requirements
to keep accounting records in accordance with section 130 of the Charities Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting
requirements set out in the Charities (Accounts and Reports) Regulations 2008.

have not been met; or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

R M Franks FCCA 58 Corser Street Oldswinford Stourbridge West Midlands DY8 2DQ

Dated : 29th August 2025

The Geoff Hill Charitable Trust

Page 4

Statement of Financial Activities For the Year Ended 31st May 2025

Notes Incoming Resources Income resources from generated funds: Voluntary income: Donations and similar income 2 Income tax recovery Activities for generating funds Investment income 3 Resources expended Cost of generating funds Costs of generating funds Costs of generating investment income 4 Costs of charitable activities: Grants payable 5 Governance costs 6 Gain/(Loss) in valuation of investments Provision for property dilapidation repairs 9 Net incoming resources (resources expended) Net movement in funds: Balances brought forward at 1st June 2024 Balances carried forward at 31st May 2025	2025 £ 10,500 2,625 - 59,702 72,827 - 1,237 36,344 674 38,255 6,412 -50,000 -9,016 1,147,807 1,138,791	2024 £ - 2,500 - 53,596 56,096 - 710 32,813 732 34,255 13,444 - 35,285 1,112,522 1,147,807

The Geoff Hill Charitable Trust

Page 5

Balance Sheet

For the Year Ended 31st May 2025

Notes Fixed assets Tangible assets 7 Current assets Debtors Investments Cash at bank and in hand Creditors:amounts falling due within one year 8 Net current assets Provision for property dilapidation repairs 9 Total net assets Funds General	2,025 £ 644,216 644,216 - 206,014 340,735 546,749 2,174 544,575 -50,000 1,138,791 1,138,791 1,138,791	2,024 £ 644,216 644,216 - 199,602 304,717 504,319 728 503,591 - 1,147,807 1,147,807 1,147,807

Approved by the trustees and signed on their behalf by:

Mrs S Hill

Dated : 29th August 2025

The Geoff Hill Charitable Trust

Page 6

Notes forming part of the financial statements For the Year Ended 31st May 2025

1. Principal accounting policies

(a) Basis of accounting

The financial statements 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 and in accordance with the Financial Reporting Standard (FRS102) (effective January 2015) and with the Statement of Recommended Practice “Accounting and Reporting by Charities” (SORP) and with the Charities Act 2011.

(b) Donations and similar income

Donations are accounted for when received.

(c) Investment income

Investment income is accounted for gross in the period in which the charity is entitled to receipt.

(c) Resources expended

Management and administrative expenditure is accounted for on an accruals basis. Grants payable are accounted for when paid.

(e) Fixed assets

Investments and investment properties are included at market value at the balance sheet date, as estimated by the trustees. Investment properties are not depreciated.

2. Donations and similar income

Donations	2,025 £ 10,500 10,500	2,024 £ - -

Donations received include separate donations made by individuals and organisations in the local area together with the contents of collecting boxes.

3. Investment income

Interest on cash deposits Property rents received	12,024 47,678 59,702	4,762 48,834 53,596

The Geoff Hill Charitable Trust

Page 7

Notes forming part of the financial statements For the Year Ended 31st May 2025

Cost of Energy Certificates Professional Charges re Lease Renewals 5. Grants payable Grants 6. Governance Costs Postages, printing and administration 7. Tangible assets Investment Property Valuation: As at 1st June 2024 Additions As at 31st May 2025 4. Costs of generating investment income	2,025 £ - 1,237 1,237 36,344 36,344 674 674 644,216 - 644,216	2,024 £ 710 - 710 32,813 32,813 732 732 644,216 - 644,216

The investment properties are carried at market value at 31st May 2025 which is estimated by the trustees to be not materially different from their historical cost.

8. Creditors & accruals Insurances payable VAT payable 9. Provision for dilapidations	1,512 662 2,174 50,000	- 728 728 -

Based on professional advice about the state of repair of one of the investment properties the trustees have recommended that a provision of £50,000 be made against potential future repairs.

10. Staff costs and Trustees’ remuneration

There were no employees during the current or previous periods.

The trustees received no remuneration and were not reimbursed for any of their expenses during the year.