Charity registratlon number 1074433
RECEIVED
2 5 SEP 2024
NEWMAN & CO
MPNA
TR
LREP
RTAN
UNA
DITED FINAN
IAL
TEMENT
R THE YEAR ENDED 31 DE
EMBER 2

PN
LTR
ST
AL
ND
DMINI
TRATIV
INFO
ATION
Trustees
Barrie Masterson - Co-opted
Chris Barnes- Nominated by Parish Council
Christine Rodger- Co-opted
Daniel Scott- Co-opted
Mark Williams - Nominated by Parish Council
Philip Bates - Co-opted
Hannah Groom - Nominated by Parith Council
Jonathan Gray - Co-opted
Hannah Gray - Ex-officio Rector
Nicola Ireson - Co-opted
(Appointed 13 April 2023)
Charlty number
1074433
Prlnclpal address
Hempnall Mill
Mill Road
Hempnall
NORWICH
Norfolk
NRIS 2LP
Independ¢nl examlner
Waveney Accountants Limited
Tlas Newman & Co
Chartered Accountants
4b Church Street
Diss
Norfolk
IP22 4DD

HEMPNALL TRUST
NTE
Page
Trustees, re￿rt
Independent examinerfs report
Statement of financial activities
Balance sheet
Notes lo the financial statements
7- 17

HEM
ALL TRUST
UST
RT
THE
EAR
ED3
EMBE
The trustees present their annual report and financial statements for the year ended 31 December 2023.
The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial
statements and comply with the charity's governing document, the Charities Act 201 l and "A¢¢ounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019)"
Objeetlves and 8¢tlvldes
The charity's objects are:
The relief of persons resident in the parish of Hempnall who are in conditions of need. hardship or distress: and
The provision and maintenHnce of a centre and oiher such facilities as the trnstees ihink fit for the care and
recreation of ￿sIdentS of the parish and its neighbourhood who are such conditions.
The trustees confim) Ihal in exercising their powers and duties that they have ¢omplied with their duty to have due ￿gard to
the guidance on public benefit published by the Charity Commission.
The trustees meet each month to make grants to individual residents of Hempnall who are in sick or need.
Income is applied to the maintenance and support of the Mill which is owned and run by the charily.
The trustees also make grants towards, or pay for items. services or facilities. to reduce the need, hardship or distres5 of Ihe
beneficiaries described above.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity
should undertake.
Achlevement$ and performance
The income for the year was £40,458 (2022 £48,215). Expenditure on charitable activities in the year amounted to
£55.962 (2022- £65,833).
The charity has a wholly owned subsidiary The Mill Bar Company Limited which operates a bar from the Mill to generate
additional net income. In 2023 the company generated a profit of £2,752 (2022 - £248). Taxable profits generated by the
subsidiary are donated to the charity in the subsequent year.
While the trustees have the power to make investments as they see fit. they have maintained the inveslmenl programme
advi5¢d by the Charity Commission.
Flnanclal revlew
In 2023 the Hempnall Trust continued lo feel financial pressures from low returns on inveslmenls. The Trust adjusted to a
number of change5 in Trustees and ¢oniinu¢d to review all contracts and review all areas of the charity to ensure commercial
viability of each individual area of the charity.
Unrestricted funds arise from income received from the Hempnall Church and Town Estate Property Charity and from the
investment of surplus in¢ome to augment unrestricied funds. These are sulficient to meet current demand5 on the charity.
The charity has had to sell assets from its investments in the last two years to ensure that all current demands can be met,
however Ihe trustees are working to ensu￿ that this doesn't need to happen annually.
It is the policy of the ¢harity to maintain free reserves. which comprise the nel current assets. at a level sufficient to meet any
major expenditure on the ageing Mill building
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to
mitigate exposure to the major risks.

HEMPNALL TRUST
TRUSTEE
'REP
RT
CONTINUED
RTHEYE
REND
D31D
CEMBE
023
Structure? governance and management
The Hempnall Trusl (Hempnall) was constituted by a Charity Commission Scheme on 23 February 1917 varied by the
schemes on 4 March 1963 and 16 February 1978 and order dated 24 May 2006, as amended 4 September 2008, and is
registered charity no. 1074433. For ￿aSOnS of administrative convenience, accounts are drawn up annually lo 311)e¢ember.
The order of 4 September 2008 changed the charity's name from The Town Eslale Poor Charity (Hempnall) lo The Hempnall
Trust.
The trustres who served during the year and up to the date of signature of the financial stalemenls were:
Barrie Masterson - Co-opted
Chris Barnes - Nominated by Parish Council
Christine Rodger- Co-opted
Gregory Munson - Co-opted
Daniel Scott - Co-opted
Mark Williams- Nominated by Parish Council
Philip Bates - Co-opted
Hannah Groom - Nominated by Parish Council
Jonathan Gray - Co-opted
Hannah Gray - Ex-officio Rector
Nicola Ireson - Co-opted
Helena Fraser- Co-opted
(Resigned 16 March 2024)
(Appointed 13 April 2023)
(Appointed 13 April 2023 and resigned 20 June 2023)
The management of the charity is the responsibility of the Irustees who are elected and co-opied under the terms of the
Charity Commission Scheme. The trust advertises a posi, ¢andidales apply and meet wilh the Chair and another trustee,
their applicalions are discussed al a meeting and , then i f all Ihe Iruslees are in agrttmenl, they are invited along lo the next
trust meeting whereupon they officially start in their role.
The trustees meet on the first Thursday in each month (except January and August) to consider needs and requests
and to make grants and lo consider the overall direclionlworking of the charity.
Decisions relatin8 to the Mill are made al the trustee meetings. The Mill's activities are included wiihin the
charity's Slatulory accounts.
The trusiees employ a s¢crelary/ireasurer who takes minutes, receives cO￿eSpOndenCe, issues cheques and
maintains Ihe accounts.
The charity has a very close relationship with The Church and Town Estate Property Charity {Hempnalll who provide
fundin8 (S￿/0 of net income) lo ihe Trust Charity (Hempnalll. All trustees of this charily are a150 Iruslees of The Church and
Town Eslale Property Charity (Hempnalll. A summary of the transactions with this party is sel out ui the financial
stalemenis. The following charities also receive funding directly from The Church and Town Estate Property Charity
(Hempnall)..
The Church Estate Charity (Hempnall)
The Town Estate Educational Foundation (Hempnall)
The charity makes charges to its wholly owned subsidiary The Mill Ejar Company Limited for the use of the premises.

HEMPN
LTR
TR
STE
S'RE
RT
NTtNUED
OR
HEY
AREN
ED31D
EMBE
23
The trustees, report was approved by the Board of Trustees.
MArk Wllllams - Nominated by Parlsh Counell
Trustee
Dated..
Phillp Bates- CO-O
Trustee
Dated:..

HEMPNALL TRU
NT EXAMIN
EPORT
TH
TEE
EMPNA
I report to the trustees on my examination of the financial statements of Hempnall Trust (the charity) for the year ended 31
December 2023.
Responslbllities and basls of report
A5 the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the
requirements of the Charities Act 2011 (the 201 l Act).
I report in respect of my examination of the charity's financial statements Ca￿led out under section 145 of the 2011 Act.
In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under
section 145{5)(b) of the 201 l Act.
Independent examlner's statemen¢
Your attention is drawn to the fact that the charity has prepared financial statements in aCcOrda￿e wilh Accounting and
Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in ihe UK
and Republic of Ireland (FRS 1021 in preference lo the Accounting and RerKyrting by Chariiies.. Statenrnt of
Recommended Practice issued on l April 2005 which is referred 10 in the exlanl regulations but has now been withdrawn.
understand that this has been done in order for financial stalemenis to provide a true and fair view in accordance with
Generally Accepted Accounting Practice effective for reporting periods beginning on or after l January 2019.
I have completed my examination. I confirni thai no maiters have come to my attention in connection with the
examinalion givin8 me cause to believe that in any material respect..
accountin8 record5 were not kept in respect of Ihe charity as required by section 130 of the 201 l Act. or
the financial statements do not accord with those records. or
the financial statements do not comply with ihe applicable requirements concernin8 the forni and content of
accounis set out in the Charities (Accounts and Reporls) Regulatioris 2008 other than any requirement Ihat the
accounis give a true and fair view which is not a maller Considered as part of an independeni examinalion.
I have no concerns and have come across no other matters in connection with the examination 10 which aiteniion should
be drawn in
is r
pori in order lo
able a proper understanding of the financial siatemenls to be reached.
Waveney Accountants Limited
Tlas Newman & Co
Charte￿d Accountanis
4b Church Street
Diss
Norfolk
IP22 4DD
Dated. .Ilp..-..q.-.Z4

MPNA
TR
ST
STATEMENT OF FINAN
IAL ACTIVI
THE YEAR END
DECEMB
202
Unrestrlcted Endowment
funds
funds
2023
2023
Total
Unrestrl¢ted Endoivmenl
funds
fund5
2022
2022
Total
2023
2022
Notes
Donations and1¢8acies
Charitable activities
Other trading activities
Inveslm¢nts
1,535
35,569
387
2,967
1.535
35.569
387
2,967
5.964
38,357
533
3.361
5.964
38.357
533
3.361
Total Income
40,458
40.458
48,215
48.215
Charitable activities
55,962
55.962
65.833
65,833
Net gainsl(losses) on
inveslmcnts
12
14,584
14.584
(21,081)
(21,081)
Net loutgoing)Ilncomlng
resources before transferg
(15.504)
14.584
(920)
(17.618)
(21,081)
(38,699)
Gross transfers
between funds
5,000
(5.000)
25,000
125,000)
Net movement In funds
(10,504)
9,584
(920)
7,382
(46,081)
(38.699)
Fund balances al l January
2023
235.416
157.023
392.439
228.034
203,104
431,138
Fund balanees at 31
December 2023
224,912
166,607
391,519
235.416
157,023
392,439
The Statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from ¢ontinuing aclivities.

HEMPNALL TR
ALAN
IDE
2023
2023
2022
Notes
Flxed assets
Tangible assets
Investments
14
15
218.252
166.607
225,389
157,023
384,859
382,412
Current assets
Stocks
Debtors
Cash at bank and in hand
17
18
200
220
9,763
200
1,661
10,995
10,183
12,856
Credltors: lmounts falllng due wlthln one
year
19
(3.523)
(2,829)
Net current assets
6.660
10,027
Total assets less current Ilabllltles
391.519
392,439
Capltal funds
Endowment funds - general
Income funds
Unrestricted funds
20
166.607
157.023
224,912
235.416
391,519
392.439
The financial slalements were approved by the Trustees on
Mark Williams - Nominated by Parish Council
Trustee
Philip Bales - Co-opted
Trustee

HEMPNALL TRUST
TE
THE FINANCIAL STATEME
R ENDED 31 DECE
Accountlng pollcles
Charlty Information
The Hempnall Trnst (Hempnall) was Constituted by a Charity Comrnission Scheme on 23 FebNary 1917 varied by the
schemes on 4 March 1963 and 16 February 1978 and order dated 24 May 2006. as amended 4 September 2008, and is a
registered charity no. 1074433.
1.1 Ac¢ountlng conventlon
The financial statements have been prepared in accordance with the charity's governing document. the Charities Act
201 l and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective l January 2019)" The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SOIiP for charities applying FRS 102 Update Bulletin I not lo
prepare a Siatemenl of Cash Flow$.
The financial statements have departed from the Charities (Accounts and Report5) Regulations 2008 only to the exlenl
required io provide a true and fair view. This departure has involved following the Ststement of Recommended Practice
for charities applying FRS 102 rather than the version of the Statement of Recommended Pra¢ti¢e which is refe￿ed to in
the Regulations bul which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monelary amounts in
thes¢ financial Slalemenls are rounded lo the nearest £.
The financial statements have been prepared under Ihe historical cost convention. The principal accountin8 policies
adopted are set out below.
1.2 Golng concern
Al the time of approving the financial sialements, the trustees have a reasonable expectation that the charity has adequate
resources lo continue in operational existence for the foreseeable future. Thus Ihe trustees continue to adopt the going
concern basis of accounling in preparin8 the financial statements.
1.3 Charlt*ble funds
Unrestricted funds are available for use al the discretion of the trustees in furtherance of their charitable objectives.
Reslricled funds are subject 10 Specific conditions by donors as to how Ihey may be used. The purposes and uses of the
restricted funds are sel out in the notes lo the financial siatemenis.
Endowment funds are subject lo specific conditions by donors that the capital must be maintsined by the charity.
.4 Income
Income is recognised when the charity is legally entitled lo it after any performance conditions have been mel. the
amounts can be measured reliably. and il is probable that income will be received.
Income lax recoverable in relation to investment income 15 recognised at the lime the investment income is receivable.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the
donation. unless perf0m￿nCe condition5 require deferral of the amount. Income tax recoverable in relation to donations
received under Gift Aid or deeds of covenant Is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount
is known, and receipt is expe¢led. If the amount is not known, the Icgacy is treated as a conlingenl asset.
Government grants are recognised when there is evidence of entitlement and its amount c&n be reliably measured.
Charttable distributions a￿ in respect of one half Share of the net income for the year of The Church and Town Estates
Property Charity (Hempnall).

HEMPNALL TRUST
TES TO THE F
AN
TATEM
CONTIN
ED
R THE YEAR ENDED
MBER 2023
Accounting policies
(Contlnued)
1.5 Exp¢ndlture
Expenditure is recogni5ed once there is a legal or Constructive obligation to transfer economic benefit to a third party, it is
probable that a Irdnsfer of economic benefits will be required in settlement, and the amount of the obligation can be
measured reliably.
Ex￿nditU￿ is classified by activity. The costs of each activity are made up of the total of di￿ ct costs and shared costs.
including Support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated
dire¢ily io that activity. Shared costs which contribute to more than one activity and support costs which are not
altribulable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Central staff costs are allocaled on the basis of time spent. and depreciation charges are allocated on the portion of the
asset's use.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a Ihird party. it is
probable thai a transfer of economic benefits will be required in seltlemenl and th¢ amount of the ￿ligatIOn can be
measured reliably.
1.6 Tanglble flxed 4ssets
Tangible fixed assets are initially measured at cost and subsequently measured ai cost or valuation. net of depreciation
and any impairmeni losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less Iheir residual values over their useful lives
on ihe ftillowing bases..
Freehold land and buildings
Fixtures and fitting5
20/0 slraighi line
l 0% straight line
The gain or loss arising on the disposal of an asset is detemined as the difference between the sale proceeds and the
carying valu¢ of the asset. and is recognised in the slatem¢nt of financial activities.
1.7 Flxed asset Investment$
Fixed asset investments are initially measured ai transaction price excluding transaciion costs, and are subsequently
measured al fair value at each reporting date. Changes in fair value are recognised in nel incomel(expenditure) for the
year. Transaction costs are expensed as incurred.
1.8 ImpAlrment of Ilxed assets
Ai each ￿porting end dale, the charity reviews the carying amounts of its tangible assets io deterniine whether there is
any indication that those assets have suffered an impairnient loss. If any such indication exis15, the recoverable amount of
the asset is eslimaled in or(kr to delem)ine ihe extent of the impairment loss (it anyl-
1.9 Sto¢ks
Stocks are staled al the lower of cost and estimated selling price less costs to complete and sell. Cost comprises dire¢¢
malerials and, where appli¢able. direct labour cosls lind those overheads that have been incurred in bringing the stocks to
their present location and ¢ondilion. Iiems held for distribution at no or nominal consideration are measured the lower of
replacement Cost and cost.
Net realisable value is the estimated selling price les5 all estimated costs of completion and costs lo be incurred in
marketing, selling and distribution.
1.10 Cash and Cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-temi liquid investments with
original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within 1K)￿QWingS in current
liabilities.

HEMP
LTR
ST
TES TO THE F
AN
TATEMENTS
CONT
Accounting polleles
(Continued)
1.11 Flnanclal instruments
The charity has elecled to apply the provisions of Section 11 'Basi¢ Financial Instrnments. and Section 12 '0ther
Financial Instruments Issues, of FRS 102 to all of ils financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual
provisions of the instNmenl.
Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when there is a
legally enforceable right to set off the recognised amounts and there is an intention to settle on a nel basis or to realise the
asset and settle the liability simultaneously.
Basicfinancial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price
including transaction costs and are subsequently carried at amortised cost using the effective inleresi method unless the
arrangement constitutes a financing Ifdnsaction, where the transaction is measured at the prtsent value of the fiJture
receipts discounted at a markei rate of interest. Financial assets classified as Teceivable wiihin one year are not amortised.
BasieJ7tt4n¢lal liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless the
arrangemenl consiitules a financin8 transaction. where the debt insirumenl is measured al the present value of the future
payments discounied al a market rale of interest. FinanLial liabilities classified as payable within one year are not
amortised.
Debt instruments are subsequently carried al amortised cost. using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations
from suppliers. Amounls payable are classified as Current liabililies if paymeni is due within one year or le55. If nol, they
are presented as non-current liabilities. Trade creditors are recognised iniiially al transaction price and subsequenily
measured at amortised cost using the effective Inle￿81 method.
Derecogni¢lon off1tt4n¢lal li4billiies
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.
1.12 Employee beneflts
The cosl of 8ny unused holiday entitlement is recogniscd in the period in which the employee's services are received.
Temiination benefits are recognised imrnedialely as an expense when the charity is demonstrably committed to temiinale
the employment of an employee or to provide lerniination benefits.
Critical aeeounting estlmates and judgements
In the application of the charity's accounting policies. the INstees are required to make judgements, estimates and
assumptions about the carying amount of assets and liabilities thal are not readily apparent from other sources. The
estirnales and associated assumptions are based on historical experience and other factors that are LDn5idered to be
relevant. Actual resulis may differ from these eslimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in whi¢h the estimate is revised where the revision affects only that p¢ri(yJ, or in the period of
the revision and future periods where the revision affects both current and fulure periods.

EMPN
LLTR
CIA
STATEMENTS
NTIN
HE
R ENL)ED 31 DE
EMBER 202
Donatlons and legacies
Unrestricted Unrestrlcted
funds
funds
2023
2022
Donations and gifts
1,535
5,964
Charitable actlvltles
The Mlll
Centre
2023
The Mlll
Centre
2022
Charitable distribution
Sale of meals
Hire of hall and sundry income
15,213
14,260
6,096
15.789
11,979
10,589
35,569
38.357
Other tradlng actlvltles
Unrestrleted Unrestrlcted
funds
funds
2023
2022
Rental income
387
533
Investments
Unrestricted Unrestrlcted
funds
funds
2023
2022
Investment income
2,967
3,361
10-

HEM
NALL TRUST
TE
TOT
E FINANCIAL STATE
EN
TIN
ED
Charlt*ble aetlvltles
The MIRI
Centre
2023
People in
need
2023
Total
2023
The Mlll
Centre
2022
P¢opl¢ In
need
2022
TotAI
2022
Siaff costs
Depreciation and
impairnient
16,246
16,246
17,041
17,041
7.397
8,859
7,397
8,859
6,745
9,321
6,745
9.321
Light. heat. rates and
insurance
Telephone
Sundries
Cleaning
Repairs and maintenance
7,553
543
580
2.866
1.288
7.553
543
580
2,866
1.288
7,704
741
621
,602
8,614
7.704
741
621
1,602
8,614
45.332
45.332
52.389
52,389
Grant funding of activities
(see note 8)
2.960
2,960
6,845
6,845
Share of support costs (see
note 9)
Share of governance eosls
(see note 9)
4.970
810
5,780
4,079
720
4,799
1.890
1,890
1,8(M)
1,800
52,192
3,770
55,962
58,268
7,565
65,833
Grants payable
People In need People in need
2023
2022
Grants to individuals
2,960
6,845
2,960
6.845
11

HEMPNALL TRUST
NOTES TO THE FNAN
TS
NTI
FOR THE YEAR ENDE
DECEMBER 202
Support eosts
Support eosts Governance
eosts
2023 Support ¢o$ts Governance
costs
2022
Secretary'5 expenses
Computer costs
5,656
124
5,656
124
4,649
150
4,649
150
Independent examiner's fee
1.890
1,890
1,800
1,800
5,780
1,890
7,670
4.799
1,800
6,599
Analysed between
Charitable aclivilies
5.780
1,890
7,670
4,799
1.800
6,599
10 Trustees
During the year, expenses of £505 were reimbursed lo two Irustee in respect of maintenance and suTrlry costs (2022
£15). None of Ihe trustees (or any persons connected with them) received any remuneration or bfflefils from the charity
during the year.
I l Employees
The average monthly number of employees during the year was..
2023
Number
2022
Number
Employment costs
2023
2022
Wages and salarie5
16.246
17,041
There were no employees whose annual remuneration was more Ihan £60,000.
12 Net galnsl(losses) on investments
Endowment Endowment
funds
funds
general
general
2023
2022
Revaluation of investments
Gainl(loss) on Sale of investments
15,393
(809)
(19.442)
(1,639)
14,584
(21,081)
12-

EMPNALL TR
NOTES TO
FINANCIAL STATEMENT
ED
R THEY
DED
I DECEMBER 2
13 Taxation
The charity is exempt from tax on income and gains falling within section 505 of Ihe Taxes Act 1988 or section 252 of
the Taxationof Chargeable Gains Act 1992 ¢0 Ihe extent that these are applied to its charitable objects.
14 Tanglble flxed assets
Freehold land
*nd bulidlttgs
Flxtures Ind
flltlngs
Tot*1
Cost
At l January 2023
Additions
251.165
35.944
259
287,109
259
At 31 December 2023
251.165
36,203
287.368
Depreelatlon And Impalrment
At l January 2023
Depreciation char8cd in the year
39,304
5.023
22,415
2,374
61.719
7.397
Ai 31 Decembcr 2023
44.327
24,789
69.116
Carrylng Amount
Ai 31 Decembcr 2023
206,838
11,414
218,252
Ai 31 December 2022
211,861
13.528
225,389
Invesimenl properties rented in part lo another group entity have been accounted for using the cost model. The ¢arryin8
value of these inveslment properties included within tangible fixed assets is £206,838 (2022 £211.861).
In accordance with the FRS 102 transitional rules. the property's cost is deemed to include £230,(MJO thai was its
valuation at l January 2015. which derivcs from A fomal valuation undertaken on 24 February 2015 by George Durrant
and Sons Ltd, Chartered Surveyors.
15 Flxed asset Investments
Ll$ted
Investments
Cost or valyatlon
Ai l January 2023
Valuation changes
Di5P05als
157,023
15,393
(5.809)
At 31 December 2023
166.607
Carrylng amount
Al 31 December 2023
166,607
At 31 December 2022
157,023
13-

HEMPNALL TRUST
NOTES TO THE FtNANCIAL
TAT
NTS
CONTINUED
R THE YEAR ENT)ED
IDE
EM
ER
16 Financial instruments
2023
2022
Carrylng amount of financlal assets
Instruments measured at fair value through profit or loss
166,607
157,023
17 Stocks
2023
2022
Raw materials and consumables
200
200
18 Debtors
2023
2022
Amounts falllng due wlthln one year:
Amounts owed by subsidiary undenakings
Olher debtors
Prepaymenis and accrued income
1,000
446
215
220
220
1.661
19 Credltors: Vdmounts falllng due wlthln one year
2023
2022
Other creditors
Accruals and deferred income
379
3.144
379
2,450
3.523
2,829
14-

HEMPN
LL TRU
NOTES TO THE FINANCIAL STATEMENTS
ONTIN
ET)
FOR THE YEAR ENDED 31 DE
EMBER 2
21
AnAly$l$ of D¢t assets behveen funds
Unrestrlcted Endowment
funds
fund$
2023
2023
Totsl Unrestrlcted Endowment
funds
fund$
2022
2022
Totsl
2023
2022
Fund balances at 31
December 2023 are
represented by..
Tangible assets
Investments
Current assets1(liabilities)
218,252
218.252
166,607
6.660
225,389
225.389
157,023
10.027
166,607
157,023
6,660
10,027
224,912
166,607
391,519
235.416
157,023
392.439
22 Related party tran5actlons
Transactlons wlth related partles
During the year the charity entered into the following transactions with related parties:
Donatlons
2023
Room rental
2023
2022
2022
Entities over which the entity has control, joint
control or significant influence
1,452
5,964
1,280
500
1.452
5.964
1,280
500
The following amounts were outstanding at the reporting end date:
Amounts owed by related
pirtles
2023
Balance
Amounts owed by related
partles
2022
Balance
Nel
Net
Enlilies over which the enlily has control. joint
control or significant influence
1.000
1,000
I,(￿0
1,000
Loans are unsecured. intere5t-free and repayable on demand.
16-

HEMPNALL TRU
NOTES T
TH
STATEMENT
NTINUED
FOR THE
AR
BER2
23 Subsidi4rie5
These financial statements are separate charity financial statements for The Hempnall Trust.
Details of ihe charitys subsidiaries at 31 December 2023 are as follow5:
Name of undertaklng
Registered
offlce
Nature of buslness
Class of
shares held
Dlrect Indlrect
The Mill Bar Company LimitedHempnall Mill,
Mill Road,
Hempnall, NR15
2LP
Trading
Ordinary £1
loo.00
The subsidiary's company number is 11307290.
The subsidiary's results wcrc..
2023
2022
Turnover
enditure
Net (loss)Iprofit
19,447
(16,6951
2.752
13.849
(13.601)
248
Net assets
2,861
1,561
17-