LORD HANSON FOUNDATION
ANNUAL REPORT AND F￿ANCIAL STATEMENTS
For the year ended 5 April 2022
Registered Charity No.. 10770J4

Lord Hanson Foundation
CONTENTS
Page
Legal and administrative infonnation
R¢port of the Trustees
Report of the Independent Examiner
Statement of financial activities
Balance sheet
Notes fonning part of the financial statements
9-12

Lord Hanson Foundation
Registered Charity No: 1077014
TRUSTEES
The Hon Robert Hanson
Alan Hagdrup
E R Charles Lewis
INDEPENDENT EXAMINER
Fiona B Hope FCA CTA
Furna¢e House
Mohope
Hexham
Northumberland
NE47 8DQ
BANKERS
Lloyds Bank
102a Brompton Road
Knightsbridge
London
SW3 IJJ
INVESTMENT MANAGERS
JMFinn
22124 Queen Square
Bristol
BSI 4ND
REGISTERED ADDRESS
31 Wilton Row
London
SWIX7NS

Lord Hanson Foundation
TRUSTEES, ANNUAL REPORT
The Trustees present their report and financial ￿atements for the year ended 5 April 2022.
Principal objective5 and activities for Ihe public benefit
The primary stated purpose is set out in a Trust Deed and is 'lo apply the income, and all or such
part or parts of the capital. at such time or times and in such manner to or for the benefits of such
exclusively charitable objects and purposes in any part of the world as the Trnstees may in their
discretion think fit"
These purposes were met in the Current year by the making of grdnts and donations totalling
£41,000. The Trustees confirni that they have referred to the guidance contained in the Charity
Commission's general guidance on public benefit when reviewing the charity's aims and objectives
and in planning fijture activities and making decisions on the awards of grants and donations during
the year.
Achievement5 and performance
The Trustees. aims are to make a difference where they can and thi5 ha5 been a successful year.
The organisations the Foundation has helped during this financial year inforn) us that our donations
are valuable contributions to their ongoing survival and in particular the small charities who are
finding it increasingly difficult to raise funds.
Financial Review
During the year, the Tn￿teeS continued their inveslment policy of holding interest bearing funds and
equities.
The Trustees considered a number of charitsble projects during the year and made 19 grants or
donations to various bodies lotalling £39.500 (2021 17 donations iotalling £36,500). Details of the
receiving bodies are given in note 3(a) to the accounts. The Trustees have undertaken to fiu)d the
David Skeggs Lecture at the Royal College of Radiologists for the next five years at an annual cost
of £1.5(K). The fijll cost of this undertaking was accrued in previou5 years. The total donations
made in the current year were therefore £39.500 a5 Shown in note 3(a) plus £1.500 to th¢ David
Ske%Rs Lecture.
The net income for the year prior to revaluation of investments was £1,942 {2021 income £8,216).
Following the nel unrealised investment loss of £15,882 (2021
net investment profit of £220,236).
net movement in funds for the year amounted to a deficit of £13,940 (2021
surplus £330,452).
Net assets at 5 April 2022 stood at £1,605,958 (2021- £1.619.898)

Lord Hanson Foundation
TRUSTEES, ANNUAL REPORT
Reserves policy
The unrestricted fund represents fi￿dS arising from past events that may be expended on any of the
chartty's objects. The Trustees. policy has been io maintain sufficient unresth.cted funds to enable
the charity to fund its expenditure out of current income.
Risk management
The Trustees have assessed the major risks to which the charity is exposed. in particular those
related to the operations and finances of the charity. and are satisfied that systems are in place to
mitigate such exposure.
Structhre* governance and management
The Lord Hanson Foundation was ¢stsblished by Tn￿t Deed dated 14 May 1999 and registered on
12 August 1999.
The Trustees during the year are listed on page 3. New Trustees are appointed following an
approach to suitably qualified individuals. There are no forn￿1 induction or training procedures for
new Trustees.
Referenee and administration details
Details of the charity's name. its registered numE*r in England, address of its principal office and
names of Trustees of the charity who served during the year and up until this report was approved
are provided on page 3.
For and on behalf of the board of Trustees:
Alan Hagdrup
26 January 2023

Lord Hanson Foundation
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LORD HANSON
FOUNDATION
I report on the accounts of the charity for the year ended 5 April 2022 which are set out on pagies I to
12.
Respective responsibilities of Tru$t¢es xnd Examiner
The charity's trustees are responsible for the preparation of the accounts. The charitNJ's trnstees
consider thai an audit is not required for this year under Section 144 of the Clwities Act 2011 ("the
CharÉiies Aci".) and that an inde￿ndent examination is needed. li is my responsibility to (l ) examin¢
the accounts under Section 145 of the Charities Act; (2) to follow the procedures laid down in the
general Directions given to the Chariiy Commission under Section 145(5)(b) of the Charities Act:
and (3) to slate whether particular matters have come to my attention.
Basis of ind¢p¢ndeDt examiner's report
My examination w&% carried out in accordance with the general DirectlOn5 given by the Charity
Commission. An exarninalion includes a review of the accounting records kepl by the charity and a
comparison of the a¢counis PTe5enied with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as irusiees
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
-trne and fair view" and the report is limiied to those matters set out in the statement below.
Independenl examiner's statement
In LonneLlion w'ith my examination no material matters have come to my attention which gives me
cause to believe that, in any malerial respect:
the accounting records were not kept in accordance with section 130 of the Charities ACL or
the accounts did not accord with the accounting records. or
the accounts did not comply with the applicable requirements concerning the fom) and Content
of accounts set out in the Charities (Accounts and Reports) Regulalions 2008 oiher than any
requirement thai the accounts give a 'lrue and fair" view which is not a matter considered as
part of an independent examination
I have come across no other matters in connection the examination to which attention should be
drawn in order to enable a proper understsnding of the accounts to be reached.
' ztncLI
Fiona B Hope FCA CTA
Furnace House. Mohope
Hexham. Northumberlaiid
NE47 8DQ
26 January 2023

Lord Hanson Foundation
STATEMENT OF FINANCIAL ACTtVlTIES FOR THE YEAR ENDED 5 APRIL 2022
UNRESTRICTED
FUND
2022
2021
Income
Investment income
42,242
45,516
Tolal
42,242
45.516
Expenditure
Raising funds
Charitable activities
Other
Noie 3
Note 3
Not¢ 4
300
39,500
500
300
36,500
500
Total
40,300
37,300
Net Income
1.942
8,216
Gain/(Loss) on revaluation of investments
Note 5
(15.882)
322,236
Net movement in funds
(13.940)
330,452
Balance at April 5. 2021
1.619.898
1.289,446
Balance at April 5, 2022
1.605.958
1,619,898

Lord Hanson Foundation
BALANCE SHEET AT 5 APRIL 2022
2022
2021
Fixed assets
Investment portfolio
Note 5
,565,932
1,581,814
Current assets
Cash at Bank and in hand
48,026
47,584
48.026
47,584
Creditors: amounts falling due within one year
Note 6
(2,0(M))
{2,000)
Net ¢urrent assets
46,026
45,584
Total &¥5et5 less current liabililie5
1.611,958
1,627,398
Creditors: amounts falling due after more than
one year
(6,(KM))
(7,500)
Total assets less liabilities
1.605,958
,619.898
Trust Fund
Unrestricted fund
1.605.958
1.619,898
Total funds
l.fA)5.958
,619,898
The financial slatements were appToved and authorised for i55uc by the Board of Trust¢C5 and
were signed on their bchalf by
Alan Hagdrup
Trustee
26 January 2023

Lord Hanson Foundation
NOTES TO THE FtNANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022
l Basis of preparation
Ba3iY ol'accounling
These financial statements have been prepared under the hislorical cost convention with items
recogni5ed at cost or transaction value unless othenvi5e stated in the relevant notes to these
accounts. The accounts have been prepared in accordance with the Statement of
Recommended PrdCtic¢: Accounting and Reporting by Charities preparing their accounts in
accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS102) issued on 16 July 2014 and with the Charities Act 2011.
2 Accounting policies
Invesimenls
Investments are valued initially at CO51 and subsequently at fair value (their market value)
at the year end. Realised gains or losses on investments are recognised on disposal of
investments and any gain or loss on revaluation is tsken to the SofFA. The deterniination
of any gains and losses is calculated by reference to the value of such assets at the
beginning of the accounting period.
Income
Investment income is derived from dividends and interest receivable from investments and
is accounted for in the period in which the charity 15 entitled to receipL it is more likely
than not that the t￿Ste¢S will receive the income and the monetary value can be measured
with sufficient reliability.
Offselling
There has been no offsetting of assets and liabilities, or income and expenditUTe.
Etpendithre
All expenditure is included on an accruals basis and is recognised when there is a legal or
consttuctive obligation committing the Trustees to the expendi￿re and the amount of
obligation can be measured with reasonable certainty.
Sialus offvnds
These financial slalements include all the funds governed by the ternis of the principal
Trust Deed dated 14 May 1999. The charity has one unrestricted fund which the Trnstees
are free to use for any purpose in fitherance of the charitable objectives.
Taraiion
The charity is not registered for VAT and therefore all expenses include VAT where
applicable.

Lord Hanson Foundation
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022
3 Resources Expended
3 la) Charitable activities
During the year the Foundation made the following donations..
2022
2021
Hanson Research Trust
Autism Initiatives
Reigate Beekeepers
Reading Association for the Blind
Katharine House Hospice
SERVE
Derby Toc H Children's Camp
Catzero
Synthonia Scout Group
St John of Jerusalem Eye Hospital
Wiltshire Sight
Children's Trust Tadworth
Marie Curie
The Children's Hospital
The Norfolk Hospice
Outward Bound
Tendring Eldercare
Church Wardens of Watton Church
Mary Hare Foundation
10.000
1,000
1,000
1,000
2,000
1.000
2,000
2,000
500
1.000
1,000
5.000
2,000
5,000
500
500
1,000
1,000
2,000
10,000
,000
1.000
1,000
2,000
1.000
2,000
2.000
500
1,000
1,000
5.000
2,000
5,(K)O
500
500
1.000
39,5(Ki
36.500
In addition to the alK)ve donations, the Foundation also paid donations of £1,500 to the Royal
College of Radiologists in both the current and preceding years. This amount was fully
accrued in previous years.
The Foundation has committed to pay an annual amount of £1.500 for the next five years to
The Royal College of Radiologists. This amount was fully accrued in Previous years.
3 (b) Raising fi￿d5
2022
2021
Investment management costs
300
300
10

Lord Hanson Foundation
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022
4 Other costs
2022
2021
Independent examinerfs costs
500
500
5 Fixed Asset Investments
Quoled Jnve.s'rmen¢s
2022
2021
Market value at 6 April 2021
Unrealised(loss)/ gain on revaluation
Market value at 5 April 2022
,581.814
(15,882)
1.259,578
322,236
1,565.932
,581,814
6 Creditors: amounts falling due within one year
2022
2021
Accruals
Other creditors - donations (see below)
500
1,500
500
1,500
2,000
2,000
7 Creditors: amounts falling due after more than one year
2022
2021
Other creditors - donations (see below)
6,0(K)
7.500
6.0(K)
7,500
The liability for donations comprises a commitment to fund a lecture at The Royal College of
Radiologists for the next five years at an annual cost of £1,500.
8 Fair value of assets and lfiabilities
The charity is not exposed to credit risk as it has no debiors. Likewise it is not exposed to
liquidity risk as it has sufficient cash available to meet its short tern) financial demands.
11

Lord Hanson Foundation
NOTES TO THE FtNANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022
The charity is exposed to market risk as the majority of its assets are in quoted investments.
However its assets are so much more than its Commitments that even a 500 fall in the value
of the inveslments will have no short tern) impact on its ability to continue.
9 Transactions with relaled parties
There have been no related party transactions in the reporting period.
12