THE HEMBY CHARITABLE TRUST
I Charity Registration Number.. 10730281
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Off ice Copy
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THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Index
Page
Trustees. Annual Report
Independent Examinef s Report
Statement of Financial Activities
Balance Sheet
10-17 Notes to the Accounts

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Trustees. Annual Report
The Tfuslees of the Hemby Charitable Trust have pleasure in submitting their Annu31 Report and
Accounts for the year ended 31 January 2026.
Objectlves and activities
This Charitable Trust was created by Deed dated 13 February 1998. Its purposes for the public benefit,
in accordance with ils governing document, are lo apply the income and capital of the Trust at such
times and in such manner for exclusively charitable purposes in any part of the world as the Trustees in
their discretion think fit.
In order lo meet with their objectives, the Trustees, aim lo make donations of income received, after
operating expenses. In accordance with their powers bestowed by the charity's governing document,
capilaS and income may be distributed al the TrLJStees' discretion.
The Trustees have a policy of supporting charitsble causes in Merseyside and Wirral allhough they
are not precluded from making donations outside the area if they so decide.
Other than the operation of the investment portfolio, no other fund raising activity is undertaken to support the
work of the charity.
The Trustees have complied with the duly in S17 of the Charities Act 2011 and have given due consideration
to the guidance on Public Benefit issued by the Charity Commission when exercising relevant powers or
carrying out duties to which the guidance is ￿levant
Achievements and Performance
During the year the Trijslees ￿SOlVed to make a number of donations from Unreslricled Funds. In placing
donations in one of the categories below there is nearly always a certain amount of overlap be￿een the
categories. This is particularly so with Social Needs, where many of the projects supported are geared
towards older people, health care and those with disabilities. During the year 63 applications for funding
were received 181 in 20251. Of these $3 1840kl were offered a grant 168 84D/o In 20251 tolalling
£107,8841£116,356 in 20251. Donations varied in amount belween £500 to £6,556.
Not all grants awarded were paid during the year buta provision has been made in the accounts
as appropriate.
The total figure of grants paid during the year was divided as follows..
Social Need5
Youth and Employment
Help lor the Aged
The Arts
58,652
28,676
10,556
10,000
27
10
107.884
100
P4el

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Trustees, Annual Report
Since the Trust started to make donations in 1998, a total in excess of £2,924.648 has been offered to over
1,769 charitable causes based mostly in Merseyside and Wirral. A full list of donations made from
Unrestricted Funds during the year in alphabetical order follows.
Alder Hey Children's Charity
Alaxi8 Telangieclasia Society
Barnslondale Centre
British Wireless for the Blind
Byrne Avenue Trust
Centre 63
Child & Family Connect
Clatterbridge Cancer Charity
Collective Encounters
Cruse Bereavement Support Iwirrall
Dementia Together Wirral
FACT Liverpool
Foodcycle
Freshfields Animal Rescue
Friends of Alexandra and Coronation Park
Friends ol Merefield School
Happy Days Children's Charity
Hive Wirral Youth Zone
Kidney Care UK
Listening Ear
Live Music Now Ltd Creative Music Projecl
Liverpool Biennial
Livefpool Schools FA
Liverpool Merseyside Theatres Trust
Marine in the Community
Meningitis Now
Merseyside Lowland Search & Rescue
Music in Hospitals and Care
PDSA
Porchfield Community Associalior¢
Reader Organisation
Roy Castle Foundation
Royal Albert Dock Charity
SAFE Families for Children
Sailors Children's Society
Salvation Army (Southporti
Sefton O.P.E.R.A
Shift Multiple Sclerosis
Shine - Spina Bifida
st. Joseph's Hospice Association
Support after Murder and Manslaughter
Tall Ships Youth Trust
Team Oasis
5.000
2,500
3.125
2.520
1,532
1,750
1,500
5,000
1,500
1,540
3,000
1,500
1,500
500
2,000
5,000
1,000
2,040
1,560
1,200
1,500
1,500
1,500
2,000
2,861
1,000
1,500
1,500
1,000
1,500
1,000
2,500
1,500
2,000
1,000
1,500
1,500
2,500
2,500
6,556
1,500
1,200
2,000
P4e2

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Tru5tees' Annual Report
Teenage Cancer Trust
Triple C Liverpool
University Hospitals Liverpool
Whizz Kids
Vvillow Foundation
Wirral Churches Ark Project
Wirral Mencap
Woodvale & Ainsdale Community Association
YMCA Sl. Helens
Young Lives v Cancer
2,500
2,500
1.500
3.000
1,000
1.500
2.000
1.000
1,SOO
3,000
Total
107,884
Financial review
Income from inve51menls and intere51 lolalled £109,634 (£112,821 in 20251 with £14,651 (£14,613 in
20251 being spent raising funds in the form of investment management charges. A lolal of £126,867
1£131.762 in 20251 was applied directly towards charitable purposes, of which £107,8841£116,356 in 20251
was awarded in grants. The Trustees mel with their objective lo distribute the majority ol net income received
during the financial year. After taking net gains on investment assets of £327.801 into account (gains of
£192,162 in 20251. the charily's funds increased during the year by £295,9171£158,608 increase in 20251.
Total Unreslricled Funds of £3,966,743 were held as al 31 January 2026 1£3.670,826 at 31 January 20251.
The charity's funds were represented primarily by investments and cash.
Investments..
The Trust's capital is invested in marketable investments or held in cash. As there are no specific
restrictions under the governing deed, the Trustees have full discretion over the investments and so
have delegated Ralhbones Investment Management to have full discretionary day lo day control of
the investment5 They have agreed objectives with the Investment Manager lo secure a reasonable
growih in income consistent with the long term preservation of capital in real terms. Investment
decision5 should be made based on the views of a prudent person in accordance with the Standard
of investment criteria relating lo suitability and diversification. These objectives are reviewed
annually.
The Trustees wish lo ensure that the objectives outlined above are achieved with an acceptable
risk. This implies the need for diversilicalion of investment of the Trust lo include a range of
assets, including fixed interest stocks, UK and overseas shares.
Investments continue to comprise of holdings in UK, large overseas listed companies, unit and
investment trusts, including those investing in major international markets and also fixed interest
securities. The portfolio can therefore include a proportion of medium-sized or smaller UK
companies and has exposure lo international markets.
Paoe 3

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Trustees. Annual Report
The Investment Managers are required to operate within the constraints applying to trusts
governed by the Trustee Act 2000. The perforrnance of the fund is currently monitored against
the benchmark ol FTSE 100 Index, the ARC Charff(y Equity Risk Index and the ARC Charity Steady
Growth index.
The Investment Managers provide regular reports lo the Trustee5 who review the performance of
the portfolio and of the Investment Managers at least three limes a year. The Trustees were
pleased lo note the maintained value of the investments over the last len years despite the 10181 grants
that have been made during the same period.
Reserves
The Trustees do not consider the underlying eapilal to be reserves Sin￿ they fomi the sole source
of Income for the Trust. 11 is not the intention ol the Trustees lo build up or maintain income
reserves. with any under expenditure of income being balanced by over expenditure In preceding
or subsequent years The Charity had no long-term commitments as al the Balance Sheet date and nel
held were Unreslricled Funds, considered lo be flee reserves and fully available for spending al the Trustees,
discretion.
Risk Mana
emenl
The Charity Trustees have given consideration to the major risks to which the charity is exposed and are
satisfied that systems or procedures have been established in order lo manage those risks. After
considering the areas of governance. operational, financial, environmental and Complian￿ the Trustees
have identified Ihal major negative fluclualions in investment assets could cause a material risk lo the
Charity's funds. In order to rniligate this risk and in accordance with s15 Trustee Act 2000 the Trustees
have est2blished a Policy Slalemenl to be adhered to by the Investment Manager, which is reviewed
at least once a year in line with investment performance.
Structure, governance and management
This Charitable Trust was created by Deed dated 13 February 1998. Its governing body are the
Board of Tiustees.
The power of appointing new Trustees is vested in the then current TrLJStees. The Trustees are
selected due lo their connecb.on with the current Trustees in accordance with their skills,
experience and understanding of the obligations imposed on such an appoinlmenl. The Trustees
do not undergo formal training as such bul ensure they operate in accordan￿ with current
practice and meet with their duties within their powers as advised by Rathbones Tru51 Company
Limited and from guidance published by the Charity Commission.
The Trustees meet three times a year lo review applications for funding, investment performance,
income levels and the financial slalements. The charity's governing document does not impose meetings lo
be held in person.
Paye 4

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Trustees. Annual Report
Future plans
The Trustees intend lo continue with their policy of di51ribuling income after expenses lo charitable causes
throughout Merseyside and Wirral normally in one-off grants. From time lo lime. grants may be
spread over a period ol iwo or more years bul this would be exceptional and the charily's reserves policy
should be reviewed accordingly.
Reference and administrative details
Registered No..
1073028
Princip81 office..
Clo Ralhbones Investment Management, Port of Liverpool Building, Pier Head
Liverpool. L3 1 NW
TTuslees who
served during the
year..
Andrew Timothy Morris
stuart Neild Keppie
Caroline Jane Lucy Tod
David Fairclough
Bernard Kenny- Appointed 16 April 2025
Secretaries..
Thomas William Evans
Valerie Hewitt
Accountancy..
Ralhbones Trust Co Ltd, Port of Liverpool Building, Pier Head, Liverpool, L3 1 NW
In(Sependenl
Examiner..
Laura Cross. Clo Port of Liverpool Building, Pier Head, Liverpool, L3 1 NW
Bankers and
Inveslrnenl.
Ralhbones Investment Management, Port of Liverpool Building, Pier Head, Liverpool.
L3 1NW
Ptye5

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUL)ITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Trustees. Annual Report
Statement of Tru5tees' responsibilities for the annual accounts
The Trustees are responsible for preparing the Trustees, Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice}.
The law applicable lo charities in England and Wales reqUI￿S the Trustees lo prepare financial statements
for each financial year that give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources ol the charity for that year.
In preparing these financial stalemenls, the Trustees are required to..
select suitable accounting polices and then apply them consistently.,
observe the methods and principles sel out in the Charities SORP IFRS 1021, as updated.,
make judgements and eslimales that are reasonable and prudent",
slate whether applicable UK accounting standards have been followed, subject to any material departLtres
disclosed and explained In the financial slalements.. and
prepare the financial statements on the going concern basis unless il is inappropriate to presume that the
charity will continue in operation.
The Trustees have assessed the charity s ability to continue as a going concern and considered any material
uncertainties that may impact this assessment.
The Trustees are responsible for..
keeping adequate accounting records that are sufficient lo show and explain the charity's transactions and
disclose with reasonable accuracy al any lime the financial position of the chanty",
ensuring compliance with the Charities Act 2011, Ihe Charity IAc¢ounls and Reportsl Regulations 2008, and
the provisions of the Tnjst Deed.,
safeguarding the assets of the ¢harily and taking reasonable Steps for the prevention and detection of fraud
and other irregularities".
maintaining appropriate systems of internal control and risk management., and
ensuring that digital records and electronic filings comply with slalulory requirements.
Declaration
The Tnjslees confirm that they have approved the Trustees. Report and the financial slalements above and are
satisfied that the charity has adequate assets available to fulf11 ils obligations and that the accounts comply with
current slalulory requirements
As agreed and signed on behalf ofthe Board of Trustees
Andrew Timothy Morris
Chairman
Dote
Page 6

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Independent Examiner's Report
Independent examinerfs report to the Trustees of the Hemby Charitsble Trust - charity no: 1073028
I report on my exarninalion of the accounts of the above charity I'the Trust") for the year ended 31
January 2026, which are sel out on pages 7 10 17.
Responsibilities of the Trustees and Independent Exarnlner
As the charity's Trustees. you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 20111"Ihe ACV'I. You eonsider th81 an audit is not required under $144
of the Act and that an Independent examination is needed.
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and
in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission
under section 14515llbl of the Act. It is my responsibility lo stale whether particular matters have come lo
my attention.
Basls 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 ol the accounts wesenled with those records. It also includes consideration ol any unusual
items or disclosures in the accounts and seeking explanalKJns 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 lo whether the accounts present a 'lrue and fair, view. The report is
limited lo those matters sel out in the slalemenl tEIow.
Independent Examlnerfs statement
l am a member of an approved body subject lo the provisions of the Revised Ethical Standard 2024 issued
by the Financial Reporting Council IFRCI. Ralhbones Trust Company has provided bookkeeping services
in accordance wlh the terms of engagement signed by the Trustees and I do not report to the bookkeeper
in any respect. I give due consideration lo the FRC'S Revised Ethical Standard 2024 al all limes.
I have completed my examination and confirm that no mallers have come to my attention which give me
cause to believe that in any malerial respect..
the accounting records were not kept in accordance with section 130 of the Charities Act, or
the accounts did not accord with the accounting records, or
the accounts did not comply with the applicable requirements concerning the form and content of
accounts sel out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fairf view which is not a matter considered as part ol an 1ndependent
examination.
I have no concerns and have come across no other mallers in connection with the examination lo which
allenlion should be drawn in this report in order to enable a proper understanding of the accounts lo be
reached.
E JULLL
Laura Cross fEP MAAr
Port of Liverpool Building. Pier Head. Liverpool
Date
Page 7

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
statement Of Financial Activities
Unrestricted
Funds
2026
Total
Fund5
2026
Total
Funds
2025
Income from:
Investments
Other income
107,869
1,765
107,869
1,765
110,075
2, 746
Total
109.634
109,634
112,821
Expenditure on-.
Raising funds
Charitable activities
14,651
126.867
14,651
126,867
14,673
131, 762
Total
141,518
141,518
146,375
Nel Gainsl(Lossesl on investments
12
327,801
327,801
192, 162
Net movernent in Funds
295,917
295,917
158.608
Reconciliation of Funds:
Total Unrestricted Funds as al 1 February 2025
3,670,826
3,670,826
3.512,218
Net movernent in Funds
295.917
295,917
158,608
Total Unrestricted Fund5 as at 31 January 2026
3,966,743
3,966,743
3.670,826
The notes on pages 10 10 17 form part of these accounts.
Page 8

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AN[) UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Balance Sheet
Unrestricted
Funds
2026
Total
Fund9
2026
Total
Funds
2025
Notes
Fixed Assets
Investments
12
3.890,940
3.890,940
3,590.952
Total Fixed Assets
3.890,940
3,890,940
3,590, 952
Current Assets
Debtor5
Cash al Bank and in hand
13
14
5,908
79,223
5,908
79,223
6. 742
83,110
Total Current Assets
85.131
85,131
89,852
Llabilities..
Credilors..
Amounts falling due within one year
15
9,328
9,328
9,978
Net Current Assets I (Liabllltlesl
75,803
75,803
79,874
Total Net Assets as at 31 January 2026
3,966,743
3,966.743
3,670,826
Funds of the Charity
Total Charity Fund$ a9 at 31 January 2026
3,966,743
3,966,743
3,670,826
Approved by the Board of Trustees on
and signed on its behalf by.
Andrew Timothy Morris
Chairman
The notes on pages 10 10 17 form parl of these accounts.
Page 9

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Notes to the Accounts
Charity Information
The Hemby Charitable Trust 15 a Public Benefit Entity governed by a Selllemenl Deed dated 13
February 1998 registered in England and Wales. Ils principal address is Clo Rathbones Investment
Management, Port of Liverpool Building, Pier Head, Liverpool, L3 1 NW.
2 Accounting Policies
The financial slalemenls have been prepared in accordance with the accounting policies set out in
1 to the accounts and comply with the charity's governing document, the Charities Act 2011 and
Accounting and Reporting by Charities. Slalemenl ol Recommended Practice applic3ble lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021" (second edition published in October 20191.
The accounts are prepared in sterling, which ig the functional currency of the charity. Monetary
amounts in these financial statements are rounded lo the nearest £.
The accounts have been prepared on the historical cost convention, modified lo include the
revaluation of investments al fair value. The principal accounting policies adopted are sel out below.
The charity has taken advantage of the provisions in the SORP for Charities applying FRS
102 Update Bulletin 1 not lo prepare a Slalemenl of Cash Flows.
Going Concern
The Trustees have assessed whether the use of Going Concern is appropriate and have concluded
the charity has adequate resources and reserves lo enable il lo continue in operational existence for
foreseeable fulufft and there are no material uncerlainlies about Ihe charity's ability lo continue as 8
going concern and thus the Trustees continue lo adopt the 'going concern. basis of accounting in
preparing the financial stslements.
Charitable Funds
Unreslricled funds are available for use al the discretion of the charity in furtherance of their
charitable objectives unless the funds have been designated for other purposes.
Income
Income is recognised then the charity is legally entitled lo it alter any performance conditions have
been mel, the amounts can be measured reliably and il Is probable that income ￿11 be received.
Cash donations are recognised on receipt. Other donations afe recognised once the charity has
been notified of the donation, unless performance conditions require deferral of the amount.
Income Tax recoverable in relation lo donations received under Gift Aid or deeds of covenant is
recognised at the lime of the donation.
All dividend income is recorded nel and includes tax deducted only when it is repayable lo the Charity.
Page 10

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Notes to the Accounts
Expenditure
Expenditure is recognised when paid or when there is a legal or conslruclive obligation for which il
is more likely than not that a transfer of economie benefit wll be required in settlement and the
amount can be reliably measured as al the reporting dale. A constructive obligation exists where
the charity has communicated the commitment lo provide particular funding to the recipient by the
reporting date and there are no conditions allached to rts payment falling due after the reporting date.
Provisions for liabilities musl be recognised when either the timing or the amount of future
expenditure required lo sellle the obligation is uncertain. These are distinguished separatdy on the
balance sheeL If a transfer of resources is no longer required, provisions are reversed and
charged to the SOFA.
Support Costs and Employee Benefits
ASI support costs and employee benefits are paid from Unrestrict￿1 Funds.
The employees of the charity do not accrue holiday entillemenl. Any termination benefits awarded
are recognised immediately as an expense.
Tanglble Fixed Assets
Tangible assets are capilalised if they can be used for more than one year and cost at least £1,000.
They are valued al cost or. if gifted. al their value on receipt. The charity dcEs not have any capilalised
tangible assets al present.
Investments
Investments held in the fund are included al their market value as follows.
lal
{bl
Listed securities are valued al the mid market value ruling al the balance sheet dale.
Listed securities held in foreign currencies have been valued al the mid market value
and translated into their sterling equivalents al the rates ruling al the balance sheet dale.
Gills are valued al the mid market value ruling at the Balance Sheet date and include
interest which has accrued up lo that dale.
1¢)
Investments are classified as a fixed asset except when classified as a current asset where the
intention of the trustees is lo dispose ol the asset and not reinvest the proceeds.
other recognised Gains and Losses
Realised gains and losses on investments are calculated as the differen￿ between sales
proceeds and their market valLJe at the start of the year, or their subsequent cost and are charged
or credited lo the Statement Of Financial Activities in the year of disposal.
Unrealised gairis and losses represent the movement in market values during the year and are
credited or charged lo the Slalemenl of Financial Activities resulting from revaluing investments to
market value at the Balance Sheet dale.
Taxation
The charity is not liable to income or capital gains lax on ils charitable aclivilies. Irrecoverable VAT
is included in the asset cost or the expense lo which it relates.
Page11

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Notes to the Accounts
Cash at bank and In hand
Cash al bank and in hand is held lo meet short-term cash commitments as they fall due rather than
for investment purposes. Cash and cash equivalents include cash in hand, deposits held at call with
banks. other short-term liquid investments with original maturities of three months or less.
Financial Instruments
The Charity has elected to apply the provisions of S11 'Basic Financial Instruments, and S12
other Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls.
Financial instruments are recognised in the charity's balance sheet when the charity bewrnes
party lo the contractual provisions of the inslrumenl.
Financial assets and liabilities are offset. with the net arnounts presented in the financial
slalemenls when there is a legally enforceable right lo sel off the recognised amounts and there is
an intention lo settle on a nel basis or lo realise the asset and sellle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured
al Iransaclion price including transaction costs and are subsequently carried al amortised cost
using the effective interest method unless the arrangement conslitules a financing transaction,
where the transaction is measured at the present value of the future receipts discounted al
market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction
price unless the arrangement conslitules a financing Iransaclion, where the debt instrument Is
measured at the present value af the future receipts discounted al a market rale of interest.
Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditor5 are obligations lo pay for goods or Service that have been acquired in the ordinary
course of operations from suppliers. Amounts payable are classi11ed as current liabilities if payment is
due withing one year or less. If not. they are presented as non-currenl liabilities. Trade creditors are
recognised initially al transaction price and subsequently measured at amorlised cost using the
effective interest method.
Derecognition
A financial asset is derecognised when il is settled or when the contractual rights lo the cash flows
expire. A financial liability is derecognised only when il is discharged, cancelled or expires.
Page 12

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Notes to the Accounts
3 Critical accounting estimates and judgements
In the application of the charity's accounting policies. the Trustees are required lo make
judgements, eslimales and assumptions about the carryino amount of assets and liabilities that
not readily apparent from other sources. The estimates and associated assumptions are based on
historical exper1ence and other factors that are considered lo be relevant. Actual results may differ
from these estimates.
The eslimales and underlying assumptions are reviewed on an ongoing basis. RevisK)ns to
accounting eslimales are recognised in the period in which the estimate is revised where the
revision affects only thal period, or in the period of the revision and future periods where the
revision affects both current and fulure periryls.
4 Investment income
2026
2025
UK Gilts l Fixed Interest
UK Equities and Unit Trust Income
Overseas
Foreign Withholding Tax
Excess Eieportable Income
Accrued Income
8.387
71.524
31.484
13.5671
41
8,718
74,811
29,945
13.4551
107,869
110,075
S Other income
2026
2025
Bank interest
1.765
2,746
1.765
2, 746
6 Raising funds
2026
2025
Investment management costs
14,651
14,613
14,651
14,673
7 Charitable Activities
Grant making."
Charitable donations made lo institutions
Returned donation
Cancelled grants
Office costs
Staff costs Inole 91
Governance costs Inole 111
2026
2025
107,884
11,5001
t16,356
(4,000)
963
70.433
8,010
1,477
10,846
8,160
126,867
131. 762
Details of the charitable donations rnade during the year are included in the Trustees. Annual Report.
Page 13

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Notes to the Accounts
8 Trustee and Staff Remuneration
The Trustees resolved to exercise the Power under clause 7.8 of the original settlement deed dated
13 February 1998 Ilhe deed) and employ persons lo assist with the day-lo-day running of the Trust
and lo pay, enter into agreements and fix such ieasonable salary as they in their discretion think fit.
9 stsff Costs and Employee Benefits
2026
2025
Salary- Gross
No employer's National Insurance 1$ payable as the liability is covered by the Employment Allowance.
10,846
10,433
The Trustees were not required lo make a pension availatle lo the current staff during the year ended
31 January 2026 or 31 January 2025.
The average number of part lime equivalent employees during the year was 2 12 in 20251 with all
employee time involved in providing SLJPPOrt to the charity's activity of grant making.
No employees re￿iVed employee benefits of more than £60,000 during the year ended 31 January
2026 or year ended 31 January 2025.
10 Trustee expenses, remuneration and benef its
None of the Trustees have been paid remuneration or received any benefits from employment with
the charity during the yeaf ended 31 January 2026 or year ended 31 January 2025.
No Trustee expenses have been incurred during the year ended 31 January 2026 or year ended
31 January 2025.
11 Governance Costs
2026
2025
Accountancy, compliance and adminislralion fees
Accountancy fee - prior year overprovisitin
Independent Examination fees
Payrdl Fee
Payroll Fee- prior year overprovision
Insurance.
Trafalgar Fiduciary Service
5,220
11441
870
1,200
13001
804
510
5, 100
840
1.314
756
8,070
secb.on 189 of the Charities Act provides a general power to buy Trustee Indemnity Insurance using
charity funds. The charity paid £804 during the year ended 31 January 2026 for insurance cover, thich
included Trustee Indemnity Insurance.
Page 14

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Notes to the Accounts
12 Investment assets
Value al Purchases
Sales
Realised Unrealised
Value al
07/0%?025
at cost prweeds GainllLossl GainllLossl 3110112026
2,780
126,873
92,638
2,073.775
219,187
1,690.292
Listed inveslments.-
Fixed Interest
Overseas
UK Equities
174, 093
1.981,218
1,435.641
268,133 1319,0001
390,786 1389.6381
231,035 1209. 1291
11.2291
13,558
3,590.952
889,954
917,767
13,196
314,605
3,890,940
13 Current assets
Deblors
Ex-Diwdends due
Dividends due
Other Debtors
2026
2025
5.589
5,028
1, 714
319
5,908
6, 742
14 Cash at bank and in hand
2026
2025
Cash al bank
79,223
83,110
79,223
83,110
15 Credltors and Provisions
Creditors.. Amounts falling due within one year
Other creditors and accruals
PAYE & Nl contributions
Office costs
Grant payable
2026
2025
8.060
229
39
1.000
9, 728
214
36
9,328
9,978
16 Capital commitments and Contingent liabilities
At the 31 January 2026 and 31 January 2025 the Trust had no capital commitments or conlingenl
Pa92 15

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Notes to the Ac¢ounts
17 Financial Instruments
2026
2025
Carrying amount of financial assets
Debt instruments receivable within one year
Debtors
Cash
5,908
79,223
6, 742
83.110
85,131
89,852
Carrying amount of financial liabilities
Payable within one year
Creditor5
9.328
9,978
Instruments measured atfair value through SOFA
Inveslments al value
3,890,940
3.590, 952
18 Comparative Statement of Financial Activities
Unrestricted
Funds
2025
Total
Funds
2025
Income from:
Investments
Other income
110,075
2,746
110,075
2.746
Totsl
112,821
112.821
Expenditure on:
Raising Funds
Charitable 8clivilies
14,613
131,762
14,613
131.762
Total
146,375
146,375
Net GainsllLossesl on investments
192,162
192,162
Net movement in Funds
158,608
158,608
Reconelliation of funds..
Total Unrestricted Funds as al 1 February 2024
3,512,218
3,512,218
Nel movement in Fund5
158,608
158,608
Total Unrestricted Funds as at 31 January 2025
3,670,826
3,670,826
Page 16

THE HEMBY CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
Notes to the Accounts
19 Transactions wlth related parties
Interests are always properly declared and acknovAedged during determination of applications. In
these situations the person wlh the related party Interest does not participate in the decision making
other than to clarify facts. This includes the giving due consideration to Trustees in common.
David Fairclough served as a Tfustee of Marine in The Community. who received a grant of £2,861
year. so he took no part in the grant decision.
David Fairclough also declared a close family member is associated with Frsends of Merefield School,
which roceived a grant of £5,000 in the financial year. He took no part in the Trustees decision.
BenaTd Kenny disclosed 8 close family member is associated with Alder Hey Hospital and was
excluded from the grant making decision for Alder Hey Children's Charity, which received a £5,000
grant in the financial year.
There have been no further related party transactions during the year ended 31 January 2026 or year
31 January 2025 requiring disclosure.
Paoe 17