REGISTEREDCOMPANY NUMBER: 04791066 lEMand and Walesl REGISTERED CHARITY NUMBER: 1098618 REPORT OF THE TRUSTEES AND FINANaALSTATEMENTS FOR THEYEAR ENDED31 DECEMBEII 2023 FOR GEORGE FENTHAM HAMPTON IN ARDEN CHAR Thy INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDO%YED CHARITY J W Hlnks LLP Chartered Accountants and Statutory Auditors 19 Hi8hlleld Ruad Edgbèston 8lrmlngham 815 3BH
GEORGE FENTHAM HAMPTON IN ARDEN CNARirY INCORPORAMNG GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED cHARy CONTEPM OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Pw R•port01thoTn1I•s I to 7 R•portof th• Ind•p•nd•nl Audlto 8 to 10 St•t•mwrt of Fln•nthl Actl¥4tl•s 11 to 12 B•lwK• Sh••t 13 to 14 Notsi toth• Fln•rKl•l St•tem•nts 15 to 33
GEORGE FENfHAfrA HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWEDCHARITY IRE615TERED NUMBER: 047940661 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 310ECEMBER 2023 The trustees who are a150 dlrectors of thè charlty lor the purposes of the Companles Act 2006, present thelr report wlth the fiThèncial Statements of the charity for the year ended 31 December 2023. The trustees Iwve adopted the provlslons of Accounting aThd Reportlng by Charities.. Statement of Recommended Practice applicable to charities preparlng thelr accounts In accordance wlth the Flnanclal Reporting Standard appl*able in the UK and Republic of Ireland IFRS 1021 leffectlve l January 20191. OBJECTIVESANDAcnviTIES Purposes alms The George Fentham Hampton in Arden Charfty's oWe¢ts a to admlnlster alm5hou5es. other propertles and asseis owned by the charity to generate an Income and to apply the incorne for the beneflt of the resldents of the almshouses and In charkable purposesforthe 8eneral benefit of the Inhabitants of Hampton In Arden. Its prlnclpal actlvbtles Include the followln8. The provlslon of almshouses to provlde accommodatlon for lesldents Ilvlng In the area of Hampto In Arden. The provlsloTh of a vlllage hall for use bythe Inhabltsnts re51dlTrg In the area of Hampion In Arden. Maklngsrants available to Fen5bner5 and resldents In need Ilvln8 In the area of Wampton In Ardèn. Makln88rants avallable for chèrltable edutat5onal PurleS In the area ol Hampton In Arden. Makln8 8rants avallable tg organlsatlons or Inhabthnts resldln8 in thè area ol Hampton In Arden. To upkeep, rep•lr, malntaln and rebulld any of the charlty's propertles or any other recreatlonal institutlon being charltable for the general benellt of the resldents of thè area of Hampton In Arden. ETrIng our KIrk dellv•rs our •lms We VIeW our alms, oblectlves and èctlvf(les each year. This review look5 at what we achleved and the outcomes of our work In the prevlous 12 months. The rèvlew looks at the success of each key actlvlty and the benefits they have brou6ht to those groups of people the charlty Is set up to help. The rev5ew also helps ensure that our alms. oblectlves and actlvltles remalned focused on Qur stated purposes. Thèfoojs ofourwork The focus of the charlty's work eortlnue5 to be the to admlnlstratlon of almshouses, other propÈrtle$ and assets owned by the charlty to generate an Incorne and to apply the Income for the beneflt of the iesldents of the almshouses and In charltable purposes forthe general beneflt of the 5nhaban1$o1 Hampton In Arden. ' Grnntmok5n8 ThE charity fevlew5 grant appllcatlons from varlous or8anlsaibns and indivlduals who support and dellver the charlty'5 oblects. Potentlal reclplents of grants pakl by the charlty a vIewed by a subrn1tttt of the charlty on a case by case basls dependlnB upon rhe avall81e sOUrceS of the charlty. The sub<omrnlttee then makes a COMndatl0n to the 8oafd of Trustees who make the flnal dec151on as to whether a grant recommendatlon is approved orrejected. Page I
GEORfjE FENTHAM NAMPTON IN AROEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWÉO CHARITY IREGISTERED NUMBER.. 047911 REPORT OF THE TRUSTEES FOR THE VÈAR ENDED 31 DECEMBER 1023 ACHIEVEMENT AND PÉAFORMANCE tharitable a¢tl¥hle$ In 5ettln8 our obiectfv¢s and plannlThB our attfvitles the trustees have glven careful con51deratlon to the Ch8rhy Commlsslon's general 8u5dance on publlc benefit, Includlng the guldance on publk beneflt and fee char8lng. Our maln acthltles and who we try to help are deKflbed below. All of our charltable actwit5ès locuson our8bllltyto Improve the condltlons ol Illeforthe resldents of Hampton In Arden. o Almshouses The almshouses have been contlnuousty occupled throughout the year wlth only short breaks whSlst premlses were redecorated before beln8 rellcensed. o Day aub The Day Club hès contlnued to be actlve throu8hout the year when posslble wlth lunches, OLrtSngs ènd functlons contlnuln8 to be arran8ed for the occupants of the almshouses and other SIdentS of Hampron In Arden. o Grants to peTh51oner5 Dur5n8 the year ended 31 December 2023 a total of 27 pensloners 12022.. 331 beneflted from 8rants totallln8 £28,998 12022.. £26,412). o Grants to orianlsètions •nd Inhabltants Durlng the year ended 31 Decernr 2023 a total of 3 8rants12022.. 31 totalllng £3,24312022.. £1,680) were made by the charltv. o Healthcare OurlnB the year ended 31 December 2023 we pald resplte care for resldent5 aThd pald for 2 Inhabltant5 to have ernergency ndants tota115n8 £3,54412022. £4,430). o Scholarshlp Scheme The Scholarshlp Scheme ha5 contlnued durlng thè year ended 31 December 2023 and 28 candithtes 12022.. 311 have rectlvèd grants iotslllng E23,583 12022.. £18,167> to ass15t wlth thelr hlgher educatlon expen5e5. FINANOALREVIEW Fln•nclil poS10n The Statement of Flnanclal Actlvltles for the year ended 31 December 2023 shows Incomlng resource5 for the ye4r rotslllng £468,27712022.. É426.0521 and resources expended iotalllng £529,86612022'. E389,0311. Net Incomln8 re50urce5 after reallsed and unre3llsed galns and losse5 on freehold and Investment propertle5 and flxed asset Investments for the year ended 31 December 2023 amounted to £860,60512022.'net resources expended after reèllsed and galns and losses on freehold and investment propertles andflxed aet Investrr*nts totslling £150,240). As a result, the charlty's total lunds have Incrèas from £8,856,219 as ai 31 December 2022 to E9,716,824 as at 31 December 2023. The trustees consider the current level of funding 15 adequate to SUPPDrt the continuation of the charity's tX15tin8 Page 2
GEORGE FeNfHAM HAMPTON IN ARDEN CHARiri INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHAIIITY (REGISTERED NUMBER.. 04794Q661 REPORT OF THÉTRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 FINANaAL RÉVIEW Investment pollcy and oblettives The charlty malntalns an invesiment wrtfollo along with various resldential and Investment propertles in wder to provlde funds 50 that the charlty may achleve Its Object5. The trustees, In toThjunctlon with It5 Independent Inve5trnent mana8er. h3ve made changes to the charlty's Inve5trnent portlollo during the yearended 31 DecemLEr 2023 a5 summ3rlsed In note 17 tothe Ilnanclal staternents. Re5¢p polky The wllcy for reserve5 Is detemi5ned by the long term materlal need for the malfitenante ol the charfty's almshouse$, together wlth an operatln8 contlngency to cover any unexpetted shortfall In the charlty'5 income. The trustees have establlshed a general resèrves pollry to ensure that the charlty can meet the pro8rarnrne for beneficlar5e5 and manage the Impact of any unplanned Iluctuatlons In the value of the ¢harTty'S nèt Inco. Gener81 reserves provlde some protectlon tothe charfty and its charltable proKramme. At 31 December 2023 the level of free reserves was SLrfflclent to Ènable the charty to meet Is oblectlves. FUTURE PLANS Durln8 the cornlThg year the charfty will contlnue to tarry OLrt Its prlnclpal actlvltles to beneflt the resldtnt5 of the charlty's almshouses and for the general beneflt of the Inhabttants of Hampton In Ardern. STRucfuRE. GOVERNANCÉ AND MANAGEMENT Governln8 dwum•nt The Geor8e Fentham Hampton In Arden Chadty Is a company Ilmlted by 8uarantee Ireg15tered number 0479406601 whlch wa5 Incorwrated on Iojune 2003 and achieved charltable status on 17 Jufy 2003 Ireglstered number 10986181. The charlty was establIsd under a Memorandurn of Assoclatlon wh5ch e5tab115hed the objects and powers of th• charlty and Is governed under its Artlcles ol AggoclatlLin. In the event of the chartty belng wound up members are required to contrlbute an amount not exceedln8 £10. The charlty was orlglnally e5tab115hed by the Wlll and Testament of Geor8t Fentham In 1696, subsequently constltutéd by a scherne of the Charliy CommSssloners on 23 December 1907 and further subject to a scheme ol the Char Commlssbners dated 26 Sèptèmbér 1980 varled by a scheme made on 20 January 1992 la5 modlfled by the order of the Commlssionersl. On 19 May 2004 the charity changed Its name from George Fentham Hampton In Arden Charft¥ to George Fentham Hampton In Arden Endowed Charlty at whlch time a new charitable company was incorpDrated and assumed the name of George Fentharn Hampton in Arden Charlty. The charitable company tk over the expendable property of the prevlous tharlty except lor all land dellned a5 perrnanent endowment whlch Is vested In the new comwny as trustee to be held Sn trust on the terms of the orlglnal trust. Page 3
GEORGE FENTIIAM HAMPTON IN ARDEN CHARirY IfrKORPORATING GEORGE FEKfHAM HAMPTON IN ARDEN ENDOWÉD CHARITY IREG15TERED NUMBER: a47946) REPORT OF THETRUSYEES FOR THE YEAR ÈNDED 31 DECEMBER 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT R•cNltm•nt and appointment of new trustees Thelollowin8 bodies hèvethe rlght to nomlnate the ftsllowln$ numberof trustees. Twotrustees shall be nomlnated by thè Borough Councll of Sollhull. One trustee shall be appolnted bythejustlces of the Sollhull Petty Divlslon. Three tr115tee5 shall be¥wolnted by the Parfsh Councll of Hampton In Arden. The trustees a150 have the rl8ht to COdOPt up to four addltlonal trustees by r&solutK)n passed at an extraordlnary general meetlni of the charf(y. The rnaxlmum lenEth ol term of offlte for tNstees nom5nated by the Boroh Council of Sollhull and for trustees 4ppolnted by the Justice$ of the Sthihull Petty Dfvlslon andthe Parlsh Councll of Hampton In Arden114 years. The maxlmum length of term of offlc• forC0pted tru5tee515 5 yeats. All trustees 8lve the5r tlme voltjntarlly and recelve no benefits from the charfty. Any expense5 reclalmed from thè ¢harltv are Set out In the notes lo the f5nanclal statements. Ory•nlJ4tlon•l strudur• The Geor8e Feniham Hampton In Arden Charlty Is organlsed so that Its Brd of Trustees meet rtgulady to manaBe the charlty'5 affairs and fomiulate pollcy and the trustee5 are responslble for all Olcy and financlal dec155on makln8 on behalf of the chartty. In order to do thls, a sub-comrnltttè ol the trustees meets four tlmes per year and recelve5 IndeneTht Investment ath5ce from the charity's Independent Investment rnana8er. Thls $ub<ornmittee reports back to the 8oard of Trustets. Indudon and trn1r ol n•wtrusteeg Newly appolnted trustees a Inducted and tralned by the exlst5n8 tNstees and a provlded wlrh varlous documentatlon In order to help them understand the workln8s of the charlty. Relatqd P8Ttles The George Fentham Hampton in Arden Charlty Is connected wlth an unlncorporated tharlty called the Geor8e Fentham Hampton in Arden Endowed Charfty Ire815tered nurnber 2264921. Under a Chadty Commlsslon unltSng dlrectloTh these financlal statement5 Incorporate the transactSons of both charltles. Both char5tles are admlnlstered by the same set of trustees. The 6eor8e Fentham Hampton In Arden Charity Is also connected wkh the Educatlonal Foundation ol George Fèntham Ireglstered number 5288161 wh both charltles being administered bythe same Set ollTUStee5. In the current year. detalls of transactions between the George Fertham Harnpton In Arden Charlty and the Educatlonal Foundation ol Geor8e Fentham bre dlsclosed in note 23 lothellnanclal ststements. Rlsk management The trustees have a duty to Identify and review the risks to whlch the charity is exposed and to ensure approprlate contro15 ore in place to provlde reasonable a5suran¢e agalnst fraud and error. The trustees have examlned the major strate8lc, buslness and operatbnal r15k5 that the charity face5 and conflwm that system5 have been establlshed to enable regular reportln8 aThd review so that necessary steps can be taken to lessen Ihese rlsk5. Pa8e 4
GEORGE FENTrfAM HAMPTON IN ARDEN CHAR y INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOl*VED CHARITY IREGISTERED NUMBER.. 047940661 REPORTOF THE TRUSTEES FOR THE YEAR ENDED.31 DECEMBER 2023 REFERE11 ANDADMINISTRATIVE OAll5 Re815tered Compami number D4794066 IEngland anLI Wale51 R•8iSttred Charlty number 1098618 R•8lrter•d offlc• Fentham Hall Marsh tsne Harnpton-In-Arden Sollhull West Mldlands B92 OAH Trugt4•s Counclllor A Rolf Mrs J Oswald Term of offke emplres 19.10.2024 Temi ofofflce expl5 8.10.2026 Dr M Shal MrT Beresford Mr M Abbott Ms S A Whlte - relgned 19.04.2023 Term of offlcfr explres 31.10.2026 - resigend 17.01.2024 - appolnted 05.07.2023 Tum ol offlcè èxplre5 14.C6.2027 Mrs A Flsher Term of offlce emplres 16.10.2026 Mrs C A Grant Mr G Ryland Mr D Adam5 Mr C Rkkard Tem olofflce 8Mplres 31.10.2027 Term of offTce emplres 15.07.2025 Term of offlce emplres 19.10.2025 Term of offlce explre5 24.01.2028 S•nlorsiatutory Audltor Pèter Smlth ACA Audkors J W Hlnks LLP Chartered Accountants and Statutory Audltors 19 Hl8hfield Road Ed8baston Blrmlngham B15 3BH Page 5
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWEDCHARITY (REGISTERED NUMBER.. 04794t1661 REPORTOF THETRUSTEES FOR THE YEAR ENDED 31 DECEMBEII 2023 REFERENCE AND ADMINISTRATNE DETAILS ae to the Trustees •nd Prfnclpal Office Mrs Sjarratt George Fentham Meetlng Room Marsh Lane Hampton In Arden West Mldlands 892 OAH 8inkèi SBC Bank plc 130 New Street Blrmlngham B2 4JU Soll¢ltor VealE Wasb0roh V12ard$ LLP SecoThd Floor 3 Brlndleyplace Blrmlngham Bl 2J8 Inv•stm•nt m•n•8er 8rewln t)olphln Llmited 9 Colmore Row Blrmlngham B3 28J Surveyor N C Russell MRICS Nlck Ru55ell Associates Lavender Cottage Lucton Leomlnster Hererfordshlre HR69PH STATEMENT QF TRUSTEES, RESPONSIBILITIES The trustees Iwho a also the dlrectors of George Fentham Harnpton ln Arden Charlty IncorporIn& George Fentham Hèmpton In Arden Endowed Charlty for the purposes of company lawl a responslble for pparIng the Report of the Trustees and rhe Ananclal stztements In accordance wrth appllcable law and Unlted Klngdorn AccouThtlng Standards Iunlted KinBdom Generally Accepted Accountlng Practlcel Including Financlal Reportlng Standard 102 The Flnancial Reportlng Standard applicèble In the UK and Republic ol Irelaryd" Company law requires the trustees to prepare fi'nanclal statements for each flnancièl year whith gSve a true and fair vlew of the state of affalrs of the charltable company and of the Incomlng resources and appllcatlon of resources, Includlng thÈ intome and eypendttuTe, of the charltable company for th• perlod. In preparlng those flnanclal #atements, the trustees are reqUId to 5ele¢t suitable accountlng wllcles and then apply thern consistentty. observeihe methods and prlnciples In the Charlty SORP, make judgements and estlmates that are reasonible 3nd prudent.. piepare the financial statements on the goln8 concern basls unle55 It Is Ir*approprLAte lo presume that the charltable cornpany will continue in business. Page 6
GEORGE FENTHAM HAMPTON IN AROEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY IREGISTERED NUM8ER.. IV17940661 REPORTOF THE TRUSTEES FOR THE VEAR ENDED 31 DECEMBER 2023 STATEMENT OF TRUSTEES, RESPONSIBILmES-contlnued The trustees are responlble for keeping proper accountSn8 recoids which di5c105e wi(h reasonable accuracy at any tlme the financlal posltlon of the charltsble company and to enable them to ensure that the financial statements ComY wlth the Companles Act 2C6. They are also iesponslble for safeguardlng the assets ol ihe charftable compaThy and hence for taklng reasonable steps forthe preventlon and detectlon of fraud and other Irre8ularltles. In sofar as the trustees a aware: there Is no relevant audit infomiatlon of whlch the chailtable company's audltors are unaware,. and the trusteès have taken all steps that they ought to have taken to rnake themselves aware of any relèvant audbt Informatlon and to eStablh thatthe audltor5 are aware of that Infonllauon. AUDITORS The auditors. J W Hlnks LLP, will be proposed for re-appolntment at the forthcomln8 Annuol General Meetln8. Thls report has been prepared In accordance wlth the speclal provisions of Part 15 of the Compan5e$ Act 2LK16 latIn6 to small companlès. Approved by orderolthe board ol trustees on 3 July 2024 and sl8ned on tts behalf by.. Mrsc AGrant- Trustee Page 7
REPORTOF THE INDEPENDENT AUDITORS TOThE MEMBERS OF GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOINEDCHARITY IREGISTERED NUMBER: 047940661 Oplnlon We havc audlted thc flnanclal JtatCMCnt of Goorye Fentham Hampton in Arden Charity incorporating Georg? Fentham Hampton In Arden Endowed Charity Ithe 'charitable company'l for ihe year ended 31 December 2023 which comprise the Statement of Flnancial Activities, the Balance Sheet and r)otes to the financlal statements. IncI[n8 a summary of 51gThificant accountin8 wll£les. The flnanclal reporting framework that has been applled In thelr preparation Ss applicable law and United Kingth)rn kcountin8 Standèrds Iunlted Klngdom Generalw Accepted Accountlng Practlcel, Intludinq Flnanclal Reportlns Standard 102'The Flfftanclal Reportln8 Standard app15cable In the UK and Republlc ol Ireland,. In our oplnk)n the f(nancial statementS.' give a true and falr vlew of the state of the charitable company'5 affalr5 a5 at 31 December 2023 and of Its Incoml resources and appllcatlon of sources, includlng Its Income and expendlture, lorthe year then ended,. have been properly prepared In accordance wlth Unlted Klngdom Generally Accepted Account5n8 Practice. Includln8 Flnanclal Reportlng Standard 102'The f Inancial Reportln8 Standard applkable In the UK and RepblIC of IlInd,. and have been prephred In accordance wlth the requirernents ol the COmnIeS Act 2¢6. B•915 for oplnlon We conducted Dur èud5t In accordance wlth Internatlonal Standards on Audltlng IUKI I1$ IUKII and applkable law. Our reSPonbIlre5 under those standards are further descrlbed ITh the Audltors, re5ponslbllltles lor the audlt of the flnan£lal statements sectlon of our report. We are independent ol the charltable company ln accordance wlth the ethlcal requlrernents that are relevani to our audlt of the financial statements in the UK, Includln8 ihe FRC'S Ethlcal Standard, and we have fulllllèd our other ethlcal responslbllllles In accordance wlth these requ5rement5. We belleve that thc audlt evidence we have obtalned 15 sufflcient and approprlate to provlde a ba$ for our oplnlon. G)nclusbDN r•l4tln8tO8oln8 concem In audltln8 the Ilnanclal statements, we have concluded that the trustee5' use ol the 801rtg toncern basls of accountlng In the preparatlon ol the flnancial statements 15 approprlate. Based Dn the work we have performed, we have not Ident115ed any materlal un£ertalntle5 relatlng to events or condlt1ons that, indlvldually or collectlvety, may cast slgnlflcant doubt on the charltable company's ablllty to contlnkne. as a 8oln8 toncern for a perfod of at least twefve months from when the financlal statemeThts arè authorlsèd for luue. Our responsibillties and the re5pJnslbilltles of the trustees with respect to 80in8 concern are descrfjbed In the relevant 5ectlons of thls report. Other Informatlon The trustees are respon51ble lor the other Inlormatlon. The other Inforrnatlon compr15es the Infomi&tlon Included In the Annual Report, otherthan the financial ststemeTht5 and our Rewrt of the Independent Audiiors thereon. Our oplnlon on the flnanclal statement5 does cover the other informatlon and, except to the extent othetvjlse explicitly stated in our pOrt, we do not expre55 any lorrn ol a55uranie conclu510n therEon. In connectlon wlth our audit of the flnanclal statements, our rosponslblllty Is to road the othor InfNmatlon and, In dolng so, conslder whether the other informatlon is materlally Inconslstent wf(h the financlal statements or our knowledge obtalned in the audlt or otherw15e appears to be materially misstated. If we Identify SLKh material Inconslstencies or apparent material mlsstatements. we are required to deterrnine whether thi5 gwes rise to a material misstatement In the flTrancial 5taternents thern5elves. If, based on the work we have performed, we conclude that there Is a materlal mi$5tatement of thls other informatlon, we are QuIre0t0 reportthatfau. We have nothlng to report In thls regard. Oplnlons on other matters prexrSbod by the C(*mpan5e5 Act 2(•J6 In our oplnlon, based on the work undertaken in the course of the audit., the information given in the Report of the Tru5tee5 for the finarKial year for whlch the flnanclal $tstement$ are prepared 15 con515tent with the financlal ststements,. and the Reportolthe Trustee5 ha5 been prepared In acCdanCe wlth appllcable legal requirents. Page 8
REPQRTOF THE INDEPENDENT AUDITORSTO THE MEMBERS OF GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GÉORGE FENTHAM HAMPTON IN ARDEN eNDOWEOCHARITY (REGISTERED NUMBER.. 047940661 Matters on whlth we are requ11 to rep)rt by excepllon In the li8ht of the knowledge and understandlng of the charftable company and Its envlronment obtalned In the course of the audit, we have not Identified material mlsstatements In the Report of the Trustee5. We have Th)thln8 to report in respert of the followlng motters where the Cornpanles Act 2006 requlres us to report to vou If, In ouropinlon.. adequate accountln8 records have not been kept oi returns adequate for our audlt have not been recelved from branches not visited by us.. or the financial statements are not In 88reement wlth the accountln8 recordsand returns,. or certa5n disclosures of trustees, remuneration specified by law are not made.. or we have not recelved all the Informatlon and explanatlons we requlre for ouraudlt,. or the trustees were not enthled to take aifvanta8e of the srnall companie5 exemption from the requlrement to prere Strateglc Report or In preparlng thè Report of the Trustees. Rewonslbllks0I tNst••$ As explalned more fully In the Statement of Trustees, Responslblllties, the trustees (who are also the dirècttsrs of the charltable company for the purposes of company lawl a responslble for the preparation ol the flnancial statements and for beln8 satlsfled that they glve a truè and falr vlew. and for such Internal Control as the trustees detem)Ine Is necessary to enable the preparatlon of flnanclal statements that are free from materlal rn155tstement, whether due to fraud or error. In préparlng the flnanclal statements. the trustees are responslble for assessln8 the charltable company's abillty to contlnue as a golng concern, dlsclosln& as appllcable. Matters related to 8olng concern and u51ng the going concern basls of accountln8 unless the trustees eFther Intend to IlquSdate the charStable company or io cease operatSons, or have no reallstlc alternatlve but to do $0. Our r•spoNlbllhles for1 •udlt of the fin•ncl•l Jt•tementi Our oblectlves a to obtaln aSonable assurance about whether the ftnanclal 5taternents as a whole are free from material mlssiatement, whether due to fraud or error. and to Issue a Report of the Independent Audhor5 that IkKludes our op5nk)n. Reasonab assurance 15 3 high level gf assurènce. but Is not a guarantee that an audlt conducted In accordance wlth ISA5 IUKI will always detect 3 materlal mlsstatement when it exlsts. Mlsstatements can adse from fraud or error and are consIded material If, indlvidually or In the a88re8ate, they could reasonably be expected to Influènce the economlc declslons of users taken on the basis of these flnanclal stèternentS. The extent to whlch our procedures are capable of detectSn8 IfgularleS, Includln8 fraud Fs thtaSled below.. enquirln8 wlth managemènt and others to 8aln an uThderstandlng of the organlsotlon Itself IncludlnK operatlons. flnancl31 reportlng and known fraud or error.. evaluatlng and understandin8 the Intemèl control system., performln8analytlcal procedure5 a5 expected or unexwcted varlan3 In account balances orclasse5 of transactlons appear,. testing documentation supportlng account balances or cla5se5 of transactlons.. and ctsnflrmlng accounts CeIVable and other accounts wlth a third party. Because Df the inherent limltstlons of an audlL there Is a rlsk that we w511 not detect all legUlatIeS, Includlng those leadln8 to a material mlsstatement In the flnanclal statements or non-compllance v4Wh re8ulatbn. Thls rlsk Inc9$e$ the rn0 that compllance wlth a law or re8ulatSon is MOVed from the event5 and tran5actlons fleCted In the flnanclal atements, as we wlll be less likely to become aware ol instances of n¢)n<omplian£e. The risk is also greater regardlng IrgUlaritIeS occurrln8 due to fraud rather than error. as fraud InvoeS Intentlonal concealment, forgeryi coIIu510n. omission or miyepre5entstbn. A further descrtptlon ot our responslb116tles for the audit ol the financial statements 1$ located on the Flnanclal Reportlng Councll's webslte at www.frc.org.uvaudltorsrespons1llt1ts. Thls description forms part of our Report of the IndepondentAudRor5. Page 9
REPORTOF THE INDEPENDENT AUDITOR5 TO ThE MEMBERS OF GEORGÉ FENTHAM HAMPTON IN ARDEN CHARffY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED OIARITYIREGISTERED NUMBER.. 047940661 U* ofour r•port Thlj report Is mede Jolely to the Charltablc company'J mcmbcrj. Ds o body. In llccordDncc with Chapter 3 of Port 16 of the Companies Act 2(KAS. Our audit work has been undertaken so that we mlght state to the charrtable company's members those matters we are reqUId t0 state to them in an audltors, repDrt and for no other purpKJse. TD the fullest extent perrnltted by law, we do not a£pt or assume responslblllty to anyone other than the charltable company and the charltable cornpany's membeTs asa body, forour audir work, forthls report, or forthe opSnlons we have formed. Petèr s ACA ISenlorStètutoryAudltorl lorand on behalf of J W Hlnks LLP Chartered Accountants •nil Statuiory Audirors 19 HlghfÈld Road Ed8tJaston BlrmlnBham 815 3BH 3 July 2024 Page 10
GEORGE FENTHAM HAMPTON IN AROEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN END01AD CHARITY STATEMÈNTOF FINANCIALACTMTIES (INCORPORATING AN INCOME AND EXPENDITUREACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total funds 2D22 Total funds Unrestricted funds Restricted funds Endowrnent fund Notes INCOMEAND ENDOWMENTS FROM DonatK)nsand legac3 353 351 2,667 Ch¥rll¥ble a¢tlvltlo9 Fentham Green Fentham Hall Day Club George Fentharn Meetlng Roorn Arboretum, forestry and fencln8 Grants recelvable 85J16 73,871 2,670 6.117 85.316 73,871 2,670 6,117 85,792 48,008 2,035 3,820 75 20.235 28,87Z 18.872 Other tr3dln8 actlvftles Investment incor Other Incorr 33,614 201,704 33,614 202,704 34760 26,954 209,466 27,OC 34.76Q Total 404,645 Z8,872 34.760 468277 426.052 EXPENDITURE ON Rals5n8fund5 28,241 28.241 26,850 tharftAbl¢ artlvltles Fentham Green Fentham Hall Day Club George fentham Meetln8 Room Fentharn Lodge ArbotUrn, fo$try and fencln8 Orblt Response charBe5 Grants payable Supwrt costs 114,590 121,884 7,437 1,415 7,642 20.452 114,590 151,171 7,437 1,415 7,642 20A52 57,356 ICfj,887 5.883 1,867 4.221 13.S74 4,430 119.062 48,901 29,287 124.079 7L295 124,079 71,295 Tot•1 5Q).579 29,287 529,866 389.031 Net 8alnslllossesl o In¥estment5 6,197 87,558 93,755 1187,2611 NET INCOMVIEXPENDITUREI 189,7371 14151 14151 415 111,318 31166 1150,2401 Transfer5 between funds Olher recognlsod Aalnslllosseil Gains on revaluatlon ol flxed assets 21 828.439 828,439 movement In funds 190,1521 950,757 860,605 1150,2401 The notes form part of these rtnanclal $tementS Page 11
GEORGÉ FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY STATEMENTOF FINANCIAL AcfiviTIES IINCOAPORATING AN INCOME ANO EXPENDITUREACCOUNn FOR THE YEAR ENDED 310ECEMBER 2013 20Z3 Total funds 2022 Total funds Unrestricted funds Rèstdtted fund5 Endowment fund Note5 RECONOUATION OF FUNDS Total fund5 brought fOord 341,561 .514.658 856.119 9,006,459 TOTAL FUNDS CARRIED FORWARD 251,409 9,465N15 9,716,824 8,856,219 The n¢XeS form part of these fln3nclal ststements Page 12
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY (REGISTERED NUMBER.. 047940661 6ALANCE SHEET 31 DECEMBER 2023 2023 Total funds 2022 Totèl funds unTICted funds Restricted funds Endowment fund Notes FIXED ASSEYS Tangible a55et5 In¥o$iment5 Investments Inve5trnent propertv 16 6,186.190 6.186,190 5.357.751 17 18 160.727 2,204,632 650,0110 2,365,359 650,0 2,276,224 950.000 160,727 9411.811 9.101.549 8.583,975 OJRRE14T ASSETS Debtors Cash 4t bank 19 38,fy)0 Z26.916 14,039 114.0391 52,039 637A70 35,376 370,5S4 424.593 264,916 424,593 405,930 CREDITORS Amounts lalllng due wlthlTr one year 20 1174,2341 1174,2341 1133,686 NET CURRENT ASSET5 90.682 424,593 515,275 272,244 TOTAL ASSETS LESSCURRENT UABILlnES 25L409 9065N15 9,716,824 8,856,219 NET ASSETS 251,409 9,465,415 ,716*24 8,856.219 FUNDS Unrestrlcted funds Endowment fund5 21 251AOg 9.465AIS 341,1 8,514.658 TOTAL FUNDS 9,71614 8.856.219 The notes form part of these flnanclal 5tatement5 Page 13 coniinued...
GEORfjE FENTHAM HAMPTON IN ARDEN CHAR INCORPORATING GEORGE FENThAM HAMPTON IN ARDEN ENDOINED CHARITY IREGISTERED NUMBER.. 047940661 BALANCE SHEET-rontlnued 310ECEMBER 2023 The5E flnanclal statements have been p pad In accordance wlth the provislons appllcable to charftsble compan1tr5 sublectto the srnall cornpanle5 re81m. The flnanclal statements were approved by the Board of Trustees and authorised for Issue on 3 July 2024 and were 5i8ned on its behalf by.. Mrs C AGrant-Trustee Mrc Rkkard-Trustee The notes form part of these financlal statements Page Id
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDÉN ENDOWED CIIARITY NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENOED 310ECEMBER 2023 ACCOUMflNG POLlaES BASIS OF PREPARING THE FINANCIAL STATEMENTS General Informarlon The George Fentham Hampton In Arden Charfty Is a charlty Incorporated In EngLind and Wales. The address of the charkls regIsted offlce Is Fentham Hall, Marsh Lane, Hampton-in-Ardèn. Sollhull, West Mldlanils, B92 OAH. Accouttttng wnwnllon The fln8nci81 ststements of the Charity, which Is a public beneflt entlty under FRS 102. have been prepared In accordan wtth the Charlties SORP IFRS 1021 Accounting and Rep)rtlng by Ch8rftles.' Statement of Recommended Practlce applicable to charltles prerIng thelr accounts In accordance wlth the Flnanc6&1 Reyortln8 Standard appllcable In the United Klngdom and Repub15c of I18nd IFRS 1021 leffectlve l January 20191" Flnanclal Reportln8 Standard 102 The Flnanclal RepDrtlnB Standard èppllcable In the UK and Republlc ol Ireland" the Companles Acr 2TrJ6 and thè Charities Att 2011. The linanclal stèternent5 have been prered u51ng the hlstorfc cost conventlon a5 modifTed by the revaluatlon of Investment5 and are presented In sterllng whlch Is the functlonal currency of the charky, rounded to the nearèst £1, The s18nlflc8nt accoiintln8 polk$ applled In the prtporatlon of thesè flnanclèl statet5 ore set out below. These polleles have been tons15tently applléd to all years preseThted unless otherw15e stated. FINANCIAL REPORTING STANDARD 102. REDLICEO DISCLOSURE EXEMPTIONS The charlty has taken advantage of the followlng disc105ure exemptlon preparlng these flnanclal statements as permltted by FRS 102"The Flnanclal Reportln8 Standard appllcable In the UK and Republlc of Ireland" the requirement of Sectlon 7 Statement ol Cash Flows. COMPANYSTATUS The charlty Is a cornpany Ilmlted by 8uarantee. The members of the charlty are the trustees named In the Report of the Trustees. In the event of the £harlty be5n8 wound up the Ilablllty sn respect of the 8uarantee Is Ilmlted to £10 per mernbef ol the charltv. INCOMÉ AJI Income Is rtto8nlsed in thè Statemernt of Finanelal Actlvltle5 onte the charlty has entitlèmènt to the funds, It Is probable that the income wlll be recelved ond the amount can be measured rellably. The pollclesadoptèd for the recognltlon of Incorne are as follow5. For donatlon5 to be recogn15ed the charlty wlll have been notffied of the amounts and the settlemefit date in wdtln8. If there a conditlons attached to the donation and thls requlres a level of performance before entltlement can be obtained then Incorne is deferred until thD5e conditKJns a lully met or the fulfilment of those condltions15 wlthln the control of the charity and It15 probable that they wlll be fuwilled. Income from charltable actniltles Includes Income earned from servlces such as resldents, contrlbutloTr5 and lettlngs Income to raise funds lor the charity. Income is received in exchange for supplying sertes in order to roi5e lund5 and 15 1ecogni5ed when entitlement ha5 occurred. Investment incorne 15 eamed throu8h holding assets lor investment puTse5 such a5 Sre$. It includes dlvldends and interest recelvable. Where It 15 not practlcabk to Identify Investment management Costs Incurred wlthSn a scheme wlth reasonable accuracy, Investment Income Is reported net of these cost5. It Is included when Ihe amount can be measured lIablY. Interest Income is reco8nlsed uslnB the effectlve Interest rate method and dlvidend Income Is recognised as the charfty's ri8ht to Ceive payment is establlshed. Page 15 continued...
GEORGÉ FENTHAM HAMPTON IN ARDEN CHhRITY INCORPORATING GÉORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTE5 TO THE FINANaAL STATEMENTS- corrtlwwed FOR THE YEAR ENDED >1 DECEMBER 2023 ACCOU14TING POUaEs-nIlnued INCOME Grant income from other thlrd partles 15 recoBnlsed at falr value when the charity has entltlement after any perfofmance condltlons have been met, It is probable that the income will be received and the arnount can be measured rellably. If entltlement is not mei then these amounts a deferred. EXPENOITURE All expendlture Is accounted for on an acenjals basls and has been classlfled under headln8S that ag8re8ate all costs lated to the cate80ry. Expendlture 15 recognlsed where there Is a legal or con5tructlve obllgatlon to make poyrnents to third partles, It Is probable that the yettlement wlll be requlred and the amount of the obllgatlon can be rneasud rellaNy. It15 categor15ed undef the followlns headln85. Expendlture on charltable actlvltles, Other eXPendu representlng thgse Iterns not fallln8 Intg the above categorits. Supp)rt costs are those that asslst wlth the work of the charlly but do not dlrectly present charltable actIv5t$ and Includ8 offlce costs, 8ovem8nce costs and other admln15tratlve costs. Grants payable to thlrd partles are wlthln the charlty's charltable oblectfvès. Where un£oNditlonal grants arè offered. thls Is accrued as 500n as the reclplent Is notllled ol the 8rant as thls gives r15e to a reèsonable eNpettatSon that the reclplent wlll recelve the 8rant. Where 8rants are cond5tional relatln8 to performanee then the Brant Is onty accrued when any unfulfllled condlt10Tr5 are out51de of the control of the tharlty. TANGIBLE FIXED ASSETS Lolj)llnd_an_y1llfj )me year$ 880 11 Wès the practke of the charTty to Include hou51ng land and bulldlTr85 used for charltable purposes at a nomlnal value of £1 each Iwlth the exceptlon of Fentham Hall whlch had a nll value due to the bulldln8's nature, usage and positlon held wh1n the charltyl whlch 1$ In accordance wtth tradltlonal practlce as the propertles were con51dered to be a perm•nent endowment of the charlty ètthattlme. In order to comply wlth the charIt SORP IFRS 1021 "AccouTrtlng and Reportlng by Ch?dtles.' Statement of RecornrnendEd Practice app15cable to charftles prepèrlng their accounts In accordance wffth the Financial Reporting Standard appllcable In the UThited Kingdom and Republic of Ireland IFRS 1021 leffectfve l January 20191" and wlth the Companles kt 21J)6. these assets have been revalued to the1r matet vilue by the trustees wth the help of the charlV5 professlonal advlser, N C Russell MRICS of Nlck Russell Assoclates. They hove been Included at market value as at 31 Decernber 2023, The properrie5 5nvolved are Fentham Gr8en Ilncludln8 the Warden'5 House). the Fentham Hall Caretaker's Lod8e and the 8ara8e plot at Belle Vue Terrace. Commerclal and agricultural propertle5 were revalued a5 at 31 Decernber 2023 by the trurtees wkh the help of thelT professional advlser, N C Russell MRIC5 of Nick Russell Assocles. These have been Included at market valut as at 31 Docemter 2023. Fentham Hall, as stated eadler, has no value in the financial ststernents for charitable purposes in accordance wlth tradltlonal practlce as the propertv 15 considered to be a permanent endowrnent of the charity. However, the trustees ijid obtsln a value on a contrècto¢5 bèsis. of £L500,000 in 2017 wlth the help of their professional a(fvlser, N C Russell MRIC5 of Nlck Russell Associates. Thi5 Is consldered only to act as an aide-mernoire to thé financlal statements and not as a monetary valuation. Pa8e 16 contlnued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENOOWEDCHARrrY NOTES TO THE FINANCIAL STATEMENTS-eortlnued FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLlaES- contlnu INVESTMENT PROPERTY Investment property is measured using the farr value model and Is stated at its lalr Val as at the reportlng end date. The surplu5 or deflclt on revaluatlon Is recognlsed In the Statement of Flnanclal Actlvlties. TA%AnoN The charFty is exempt from corporatlon tsx on itscharltsble actlvities. EMPLOYEE BENEFITS When employee5 have rendered service to the charfty. 5hort-tèrm ernployee benefft5 to whlch the &mO¥te5 are entitled are reco6nised at the und15counteé amount expecred to be pald In exchange for that servlce. Termlnatlon benef5ts are recognised imrnediately a5 an expense when the charity is dtmonstrably commltted tt temilnate the employment of an employee or to provlde termlnatlon benellts. CASH ANDCASH EqUIVALENTS sh and cash equlvalents Include cash In hand and deposlts held at call wh banb. Bank overdrafts are shown w((hln borrowlngs In cur 1lab1lit. INVESTMENYS InVestnnts are recognlsed Inltlally at falr valuè whlch Is normally the transactK)n pri£e excludlng transactkjn costs, Subsequentlyi they are rnea5ured at fa5r value wlth chan8e5 reco8nlsed In "net 8aln5111055e51 on Investments In the Staternent of.Flnanclal Actlvltles 11 the Investments are publlcly traded or thelr falr value can atherwise be measured relSably. FVNDACCOUNTING Unrestrlcted funds carn bÈ usèd In accordancè wlth the charitsble oblectlvès at the dlscrètlon of thè trUts. Restrlcted fvnds can only be used for partlcular restrfcted purposes wlthln the oblerts of the charlty. RestrlctloTrs arlse when 5peclfted by the donoror when funds are ralsed for partlcular re5trfcted purposes. Further èxplanatlon of the nature and purpose of each fund15 Intludèd In thè notèsto thè financlal statements. FINANCIAL INSTRUMENTS The charlty ha5 elected to apply the provlslons of Sectlon 11 '8a51c Flfianclal Instrurnents. and Sectlon 12 "Other FlnaThclal Instruments Issues of FRS 102 to all of 5 flnanclal statements. FlnaThclal instruments are reco8n15ed in the charfty's balèncè shèèt whèn the thèrfty becomes rtY to the contractual provlslons of the Instrument. Flnanclal assets and liabilities are offset, wilh the net amounis presented In the ftnanclal statement5, when there is a legally enforable rf8ht to 5Pt off the recogni5ed amounts and there is an Intention to settle on a net basls or to reallse the a55etand settle the Ilabllity 5imultaneou51y. Ba$l¢lln•n¢l•l •$5 Basic financlal a55et5, whlch include trade and other recéfvables and cash and bank balance5, a Inltlally MeaSud at transaction prlce Includln8 transactlon cosrs and are subsequertly carrled at arnortlsed cost usln& the effective interest method unl?55 the arrangernent constrcutes a financin8 transaction where the transaction Is measured at the present value of the future recelpts dlscounted at è market rate of interest. Otherflnanclal assets Page 17 continued..
GEORGE FENTh AM HAMPTON IN ARDEN CHARITY INCORPORAnNG GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THE FINANaAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIE5- comlnued FINANCIAL INSTRUMENTS Other flnanc131 asset5 are 5nltlally measured at fal¥ valtse whlch Is normally the transartion prlce. Such assets are subsequently carrled at farr value and the chan8es in falr value are reco8nised In the Income and expenditure ¢couni, except ihat Investments in equlty Instruments that are not wblicly traded and whose fair ¥rdlues connot be measured rellably are measured at C05t less Imp3lrment. Trade debtors, loars and other 4Vable$ that have Axed or determlnable p.aymeThts that are not quoted In èn ctlve rnarket are classilled as 'loans and re]vable$, Loans and CeIVable$ a measured at amortlsed cost uslng the effectlve Interest rnethod le55 any 1rnpa1rrnt. Interest 15 recognlsèd by applyln8 the effective Interest rate, except for short-term CeIVable$ ¥vhen the recognstlon of interest would be Imrnaterfal. The Effectlve Interest rnethod Is 3 metbod ol calculatln8 the amortlsed cost ol a debt Instrument and of all£atIng the Interest Incorne over the relevant perlod. The effeCte Intèrest ratè Is the raie that exactly dlscounts estlmated flUre cash reIptS through the expected Ilfe of the debt Instrument to the net carryln8 amount on Inltlal recognition. Impalrniqnt of finonclal 055ets Flnanclal assets, other than those held at lalr value through Income and expendlture. are 8ssessed lor indlcator5 of Impalrmerf at each reportln8 end date. Flnanclal a55et5 are impèlrèd where there Is oblectlve evldence that, as a result of one or more events that occurred after the Inlal re(nitIOn of the linanclal a55et, the e5tlrnated future cash flows have been affecred. If an asset Is Irnpalred, the impalrment loss Is the dlfference between the earryln8 amount and the present value of the e5tlmated cash IIow5 d15counted at the a55et's crlglnal effeCte Interest rate. The Impalmient 1055 Is reco8nlsed In the Income and exFendlture account. If there 1$ a decrease In the lmpalrment1055 arSs4ng from an event c(currln8 after the Imp3irrnent was reco8nlsed, the Irnpalrrnent 15 reversed. The reversal Is such that the cvrrent carrying amount does not exceed what the carrylng amount V40uld have been had the Impalrment not previousW been rÈcognlsed. The 5mpèlrrnent reversal Is recognlsed In the Income and expendlture account. tlerewgnlllon of fln•ndal asgets F5nanclal assets are derecognlsed only when the contractuèl rlghts to the cash flow5 from the asset expl or a settled. or when the tharlty transfers the flnancla1 asset and substantlally all of the rlsks and rewards of ownershlp io another entlty, or If some s18nlflcant rlsks and rewards of ownership are retalned tyut control of ihe asset has transferred to another partythat is able to sell the asset in its entiretyto an unrelated thlrd party. Oosslficatlon of flnJbKSal Il•bIlSe$ Flnancial liabilitle5 ènd equity instmments a classFfied accordlne to the substance of the contractual arrangements entered Into. An equlty Instrument Is any ttsntrnct that evldentes a reslduèl Interest In the assels of the charity after deductln8all of its liabllities. 8•51¢fin0nclo1 Ilabllltles Bèsic financial liabilities, including trade and other payables and bank loans. are InallY recognlsed at transaction price un*ss the arraneemeni con$tuteS a flnancln8 transactlon where the debt Instrument Is measured at the present value of the future YeLelpts discounied ai è market rate of Interesi. Debt Instruments are subsequently carried at èmortlsed cost uslngthe effettive Interest rate method. Page 18 continued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN AROEN ENDOWED CHARITY NOTES TO THE FINANCIALSTATEMENYS- ¢ontlbwed FOR THE YEAR ENDEO 31 DECEMBER 2023 ACCOUNTING POLICIES- cont4Ned FINANaAL INSIRIIMENTS Tiade payables are obll8atlons to pay for 8otsds and servlces that have been acqulred in the ordinary Course of buslness from supp15ers. Accounts payable ère classffled as curnt Ikbllltles If payment is due within one year or le55. not, they are presented as non<urrent liabilitie5. Trade payables are recogn15ed 1n1tlal at tran5actlon prlce and subsequently rneasufed at amortlsed c05t U51ng the effertlve Intest rate merhod. Othor flnanclal IlabSlltles Derivatlves, Includln8 Interest rate swap5 and forward forelBn exchange £ontratts, are not basic financlal Instruments. Derivatives a Initlally (08n1$ed at lair value on the date a derSvative contract 15 entered into ènd are subsequently re-measured at thelr falr value. Chanses In the falr value of dedvatlve5 a recognlsed In the Incorne and expenditure account In finante tosts or flnance Inttjrne as approprlate unless hed8e accountlng Is applled and the hedge Isa cash flow hedge. Fln3nclal Ilabllltles and equlty Instruments •re cla[11 accordln8 to the substance of the contr8Ctual rran8emenis entered Into. DerecoBnltlon of ftnandgl Ilabllltl Flnanclal Ilabllltles are derecognlsed when the charlty's contractual obll8atlon5 explre or are d15¢harged or cancelled. PENSION COSTS AND OTHER POST4tETIRÉMENT BENEFITS The charltable company ope¥ate5 a defined contrlbLrtlon pensk)n scheme, Contrfbutlons payable to the charltable company's penslon Kheme are charged to the Statement of Flnanclèl Actlvltlès In the perlod to whlch they relate. GOING CONCERN The flnanclal statemen1$ have been prePad on a golng concern bas1$ 85 the trustees be15Ève that fio materlèl uncertalntles ex15t. The trustee5 have consldered the level of fund5 held and the expected level ol Income and expendItU for 12 months from the date of authorisln8 these flnanclal statements. The experted Intome and expendlture Is suff5clent wlth the level of reseNes for the Charlty to continue as a golng concern. CRITICAL ACCOUNnNG JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINri In the appllcaiion of the charlty's accountlng pollcies, the trustee5 are requlred to make Judgements. estlmates and assumptbns about the carryln8 value of assets and Ilabllltles that are not readlly apparent from other sources. The estlmates and undedyln8 assumptlons a revlewed on 3n gngoln8 bas15. Revlslons to accotsntin8 estimates are r08n5$ed In the perlod In whlch the e5tlmate Is ViSed where the revlslon affects oThly that perlod or In the period ol the Vision and futu period5 Whe the revlslors affects both current and future period5. Page ig contlnued...
GEORGE FENTHAM HAMPTON IN ARDEN CHAR NCORPORATINfj GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED (IIARITY NOTES TOTHE FINANaAL5TATEMENfs- KIR THEYEAR ENDED 310ECEM8ER 2023 DONATIONS AND LEGAaES 2023 2022 Donatlons Grants 2.667 353 2,667 Grants recelvable. Included In the abm, are as follgW5. Unr•strlct•d lundi R•stdtt•d fundi 2022 2021 5ollhull MetrOpolN Borough Councll.. Covld-19 revenue8r8nts 2,667 2,667 18,269 The Ju118 and Hans Rausln8Twst 8,498 2.667 2.667 26,767 OTHER TrAOING AcnvmES 2022 8ar Intom• 33,614 26,954 INVOTMENT INCOME 2023 2022 Rack rents CeIvable Other rentsl Income reCeable Dlvldend Income receniable 8ank interest recelvable 68,158 46,630 87,837 79 67,7 54,495 87,053 li 202.704 209,466 Page 20 continued..
fjEORfjE FENThAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTESTO THE FINANOALSTATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 INCOME FROM CHARITABLEAcnvmES Fentham Green Fentham Day Club Grants Residents, coThtributions Lettlr5Es income solar pane15 and wayleaves Income Day Club and other Income Meet5n8 r¢x)m Income Sale of te$ Other Incom* BS,316 58,322 2,670 12.691 85.316 73.871 2,670 2023 2022 GeD Fentham Meetlng Room Grants recelvable Total ctlvltles Total actlvltle5 Grants Resldenis, contrlbution5 Lettlng5 Incorne Solar panels and wayleaves 5ncome Day Club and other Income Meetlng room lThcorne Sale ol tree5 Other Income 28,872 28.871 85,316 58.322 2,858 2,670 6.117 20,235 85,792 45,351 2,657 2,035 3.820 75 6,117 IL691 6,117 28,871 196W6 159,965 Grants ceIvable, Included I the abov@,'ats as follows. Unrestrftt•d funds Restrkt•d lunds 2021 2022 Heart of England Comrnunlty Fovndatlon: k)Ilhull Wellbelng & Recovery fund 3,333 3333 1,667 Natlonal Lottery Awards forAII.. Elderly Lunch Uub afid Coffee Morning fund 7,5(Kl 7.500 2,500 Page 21 contlnued..
GEORGE FE1HAm HAMPTON IN ARDEN CIIARftY INCORPORATING GEORGE FENTHAM HAMPTOII IN ARDEN ENDOWED CHARITY NOTES TOTHE FINANCIAL STATEMENT5_contlnued FOR THEYEAR ENDED31 DECEMBER Z023 INCOME FROM CHARITABLÉ ACIIVrnES. tontInl H52 CommunY(y & Envlronrnent Fund.. East(ote Communlty Allotments fund 16,068 The Brucewake Charltable Trust.. Improvlng Dlsabltd Access fund 2AKIO The RowlandsTrust'. Improvin8 DSsabled Ae$S fund 2,0(K) Groundwor* UK.. Orchard fund 14,039 I49 28,872 28,872 20,225 RAISING FUNDS INVESTMENT MANAGEMENTCOSTS 2023 2022 aroker's fees Surveyor's fees Commérclal property Insurance 11,535 16,206 11,807 14.265 778 ZB.Z41 26,850 CHARITABLE ACTIVITIES COSTS Grant fundln8 of actlvftles Isee note ioi Dlrect Costs (see note 91 Support costs (see note 11 Totè15 Fentham fjreen Fentham Hall Day Club Geor8e Fentham Meetlng Room Fenthèm Lodge Arboretum, forestry and fencing orb Response charges Grants payable Support C<15ts 114,590 151,171 7A37 IA15 114,590 151,171 7A37 IA15 7.642 20ASZ 20N52 124079 124,079 71,295 71.295 306,251 124,079 71.295 501,625 Page 22 tontinued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN END01AD CHAR17Y NOTES TOTHE FINANCIALSTATEMENTS- cont5nuod FOR THE YEAR ENDED31 DECEMBER 2023 DIREcfcosTS OF CHARITABLE ACTIVITIES 2025 2022 Staff cost5 General and water rates Insurance Llght and heat Repalis and malntenance Garden malThtenance Telephon@ and Plper system Day Club expendlture Day Club expenditure- travellln8 expenses Day Club eMpendUre. èntertainment Orblt Response charges ear purchases 40.273 10,7BI 6,117 16.018 181.971 42 1,593 34.714 9,069 5,304 13,835 91.850 12.189 1.656 4,430 soo 953 4.430 15,288 7fy) 1,939 3.544 17,665 306.2SI 194,218 GRATrifs PAVABLE iozj 2022 Grants payaE4e 124.079 119,062 Durlng the year endèd 31 December 2023 the charlty mède the followlng Brants in order to contrlbute towards the beneflt of the Inhabltsntsof Hampton In Arden. Total 8rants payable to InsiUl10ns durln8the year werè asfolkjws. 2023 2022 Educational Foundatlon of George Fentham Hampton Sln8ers Hampton sn Arden Pre-school The Base Almshouse Association Members Day Lady Katherine Leveson FouThdatloTh The George Fenth3m School 000 1,000 1,500 743 66,OC 750 150 6.120 2,109 71,352 73,8fM) Grants payable are chèrged In the year when the offer Is corweyed to the reclplent except sn those cases where the offer Is coThdrtlonal. such grants belng re(nISed a5 eXndItU when the condltlons a fulftlkd. Total grants payable to indlvkluals dudngthe yearwere asfollows. 21ll3 2022 Pate 23 contlnued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATINfj GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY TES TO THE FINANCIAL STATEMENTS- ¢ontlnued FOR THE YEAR ENDED31 DECEMBER 2023 GRANfs PAYABLE- contlnutd 5chDlarshlp grant5 Hampers Other8rants to 1nd1vldaIS 23.SBJ 146 28,99B 18,167 683 26,412 51.727 45,262 Total grants payable tolnsthutlons and Indlvldua15 4,079 119,062 ii. SUPPORT COSTS Governan costs M4na8ernènt Flnance Other Totals pport ccsts 70 476 42,395 28,354 71,295 Support costs. Included in the above. are asfollow5'. 2023 Supwrt costs 2022 Total ctlvltles AlfvèrtlnS Bank charge5 Webslte expenses Consultancy fees Prlntln& p05ta8e and statlonery Sundry expense$ Wa&e5 Pen51ons Audltor5' ramuneratlon Insurance 70 476 475 421 IL198 121 23J98 591 18A06 17,236 1,421 4,800 4.897 17,165 1,437 4,568 71,295 48,901 NET INCOMEIIEXPENOITUREI Net Incomellexpendwurel Is stated afterChar8lnICredlt1nÉl. 2021 2022 AdItors, remunerdtion Surplu5 on disposal olfixed assets 4,080 127,orKIl 134,7601 Page 24 continued...
GEORGE FENTrIAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THE FINANOAL sfATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER Z023 13. TRUSTEES, REMUNERATh)N AND BENEFITS There were no trustees, remuneratlon or other benefits for the year ended 31 Oecernber 2023 nor for the year ended 31 tlecember2022. TRUSTEES, EXPENSES Durln8 the year ended 31 December 2023 a total 01 £2,002 12022.. £1.3051 wa5 relmbur5ed In expen5E5 to 2 trustees12022.. 21 bythe charlty- 14. STAFF COSTS 2023 2022 Wa8e5 and salaries Other penslon costs S7,029 1,901 51,516 1.8(4) 58.9x1 53,316 The average monthty number ofemployees durfn8the yearwasasfollows.. 2023 2022 Man?gernent and admlnlstratbn No employees recelved emoluments In excess of £60,000. Is. COMPARATIVES KIR THE STATEMENT OF FINANaALAcfiviTIES Unrestrfcted fuThds Restrlcted fund5 Endowment fund Total funds INCOME AND ENDOWMENTS FROM Donatlons and legacles 2,667 2,667 Ch•rlt•ble •rtl¥ltl Fentham Green Fentham Hall Oay Club George Fentham Meetln8 Room Arboretum, lorestry and f8ncln8 Grants recelvable 85,792 48,008 2,035 3.820 75 85,792 48,008 2.035 3,820 75 20,235 20,235 Othertradlngactlvth5 Investment Income Other lThcome 26,954 209.466 26.954 209,466 27.000 27,OC Toial 378,817 20.235 27,OL 426,052 EXPENOITURE ON Ralslngfunds 26,850 26,850 CrItabl• a¢lIv1 Fentham Green 57.356 57,356 Page 25 contlnued...
EORfjE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY IIOTE5 TO THE FINANaAL STATEMEfrITS- contlTh*d FOR THE YEAR ENDEO 31 DECEMBER 20ZS 15. COMPARATIVES FOR THE STATEMENTOF FINANCIALAcnviTIES- contlnu Unrestdcted Restritted funds funds Endowment fund rotal funds Fentham Hall Day Club Geor8e Fenth8m Meetlng Room Fentham Lodge Arbtsietum, forestry and feKln8 Orb5t Response charges Grants payable Support costs 86,652 S,883 1.867 4,221 13,574 4,430 119,C62 48,901 20.235 106,887 5.883 1,867 4,221 13,574 4,430 119,062 48.901 Total 368,796 20,235 389,031 Net galns111055e51 on Investments 136,S861 1150,6751 1187,2611 NET INCOMEIIEXPENDITUREI Tr•nsf•rs b•tween funds 126,5651 42,988 1123,6751 142,9881 1150,2401 N•t mov•m•nt In fund$ 16,423 1166,6631 1150.2401 RECONCIUATION OF FUNDS Total funds brou8ht foN•rd 325,13B 8,681.321 9,IJ)6.459 TOTAL FUNDS CARWED FORWARD 341,561 8,514.658 8.856,219 16. TANGIBLE FIXED $£75 Commerclal and A8flcultural Resldential Propertles TotaL8 COSTOR VALUATION At l January 2023 Revaluatlons 2,330,OLh) 3.027,751 828,439 5,3S7.751 828,439 At 31 December 1023 2,530,¢XK) YA56,190 6,186,190 NET BOOK VALUE Al 31 Decernber 2023 2J30,IK#) 3W6,190 6.186.190 At 31 December 2022 2,330,0(KI 3,027,751 5,357,751 Page 26 contlnued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORAYING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THÉ FINANCIAL STATEMENTS- contSnued FOR THE YEAR ENDED 31 OECEMBER 2023 i& TANGIBLE FIXEDASSEfs-tontlnu•d Cost or valuatlon at 31 December 2023 5s repsented by.. Comme1•1 and A8r5cultuwal 0dentIal Propertles Totals Valuatlon ln 2023 1.530,000 356,190 6.186.190 Tanglblefl*d assets werè valued on an open market basls on 31 December 2023 by Nkk Russell Assoclates. Fentham Hall As in prior years, Fentham Hall has no value lfi the linantlal stat•mentS a5 at 31 December 2023 a5 thls propertv Is cons[ded to be a pernanent endowment of the charlty and not an asset ol value. The trustees obtalned a value In 2017 on a contractor's basis of El,SC,(Kj wlth the help of thelr professlonal advlser, N C Russell MRICS of Nlck Russell Ass(Klates. Thls Is consldereLI only to art as an "aidè-mÈmolrÈ to the flnanclal statements and not as a monetaryvaluatlon. 17. FIXEDA55Ef INVESTMENTS nd¢Med C•pStai Fund 2023 Gèner41 Funrt 2023 Totsl 2023 Total 2022 Market value at l January 2023 Aildltlons at cost sa proceed5 on dIsp1 Galnlllossl In the year.. reallsed unreallsed IS5.059 15,OOD 115A991 2.121,195 366,328 1370,4991 2,276.224 381,328 1385.9481 2,440.596 273,728 1250,8391 7255 80,303 13.310 12ry).5711 6046 87.149 Market value at 31 December 2023 160,727 2204.632 2,5,359 2.276.224 Hlstorfc cost at 31 DÈcèmber 2023 168.443 1.91S.118 2m3.561 1.912,507 ANALYSIS OF INVESTMENTS 1023 2022 UK quoted equltles UK quoted bonds Non-UK quoted equitles Non-UK qwted bonds 660,227 174.014 1305,718 710,031 101,889 1.245,423 218,881 2,365,359 2,276,224 Page 27 contlnued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTÉS TO THE FINANaALSTATEMENfs- ¢ontlnued FOR TrIÉ YEAR ENDED 31 DECEM8ER 2023 INVESTMENfpROPERTY FAIR VAtUE At l January 2023 Dispxa15 950,0 1300,0001 At 31 December 2023 650,000 NET BOOK VAWE At 31 Decembèr 2023 650.000 At 310ecember 2022 950,000 Falrvalue at 31 Oecember20231s represented bv.. Valuatlon In 2023 650,000 Invt5tment propertles werevalued on an open marlet bas15 on 31 December 2023 by Nlck Russell A$slètéS. 19. DEBTORS: AMOUNTS FALLING DUEWITHIN ONE YEAR 202a 2022 Other debtors Accrued Income 19,308 16.068 14.039 52,039 3S,376 20. CREDITORS: AMOUNTS FALUNG DUE WITHIN 014E YEAR 2023 2022 Sc(lal sècurity and othertaxes Orher Credor$ Deferred IOme Accrued expense5 862 161,784 112.540 10,833 10,313 li,S88 174.234 133,686 Deferred Income Included wtthln deferred Income falling due wtthin one year as at 31 December 2023 Is 8rant Income received in advance by the charlty totalllng £nil12022.. £10.8331. Pa8e 28 continued...
GEORGE FENTHAM HAMPTON IN ARDEN OIARITY INCORPORATING GEORGE FENThAM HAMPTON IN ARDEN ENDOWEDCHARITY NOTES TO THE FINANCIAL STATEMENTS. ¢ontinu FOR THE YEAR ENDED 31 DECEM8Et¢ 2023 21. MOVEMENT IN FUNDS Net movernent In funds Transfers between fund5 At 31.12.23 At 1.1.23 Uhr•strlrt8d fvnds General fund Maintenance and Repalrs fund 8lodlverslty fund 41,942 228,SOO 71,119 1881791 74,5B5 I75) 27,640 153.500 70,261 34L561 189.7371 14151 251M09 R•Mrl¢t•d funds Orchard fund 14151 415 Endowmont fvnds Endowed Capital fvnd 8.514.658 9SO.757 .465A15 TOTAL FLINDS 8056,219 860,605 ,716M24 Net movèment In funds, 5ncludèd In the above arè as foll¢)ws'. Incomlng resources Resourcès expended Galns and 10s5es Movement In fund5 Unmstrfcted lunds General fund Blodlversftyfund 404.645 1499,7211 IBSBI 6.197 188I791 18581 404645 (S,579) 6.197 189.7371 RosirStt•d funds Sollhull Wellbelng & Recoveryfund Elderly Lunch Club & Colfee Mornlng fund Improvlng Dlsabled Access fund Orchard fund 3333 13,33Jl 17,5001 14moI 114,4541 14039 14151 21872 129,2871 14151 Endowm*tt funds Endowed Capltal fund 34.750 915,997 950,757 TOTAL FUNOS 468,177 1529,8661 922.194 860,605 Page 29 contlnued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWEO CJIARITY NOTES TO THE FINANaAI STATEMENTS- contlwed FOR THE YEAR ENDED 31 OECEM8ER 2023 ZL MOVEMENT IN FUNDS. ¢ontlnued Comrats1o1 movement In fund5 Net movement in fund5 Transfers between fund5 At 31.12.22 At 1.1.22 Unr•strlrted lundi Generol fund Malntenance Ind Repalrs fund 8Iodlversttyfund 96,638 228,500 122,6841 132,0121 41,942 228,500 71,119 13,8811 75,ts 32S,138 126.56SI 42,988 341.561 Endowmentlunds Endowed Cèpltal funJ 8,681,321 1123,6751 142,9881 8,514,658 TOTAL FUNDS 9,006.459 1150,2401 8,856,219 Comparatlve nt movement sn funds, Included ifi the above are asfollow5.' Incomlng resources Resourc•s expended Ga1Th5 and 1055e5 Movemènt n funds Llnr•strlrt•d funds General fund Bkodfverslty fund 378,817 1364,9151 13,8811 136,5861 122,6841 13,8811 378,817 1368,7961 136,5861 126,5651 Restrlrted fvndj Eastcote Comrnunlty Allotments fund 5015hull Wellbeln8 & ReCory fund Elderly Lunch Club & Coffee Mornlnglund 16.068 1.667 2.500 116,0681 11.6671 12,5001 20,235 120,2351 Endowment fund$ Endowed Cap+tal fund 27,000 1150,6751 1123,6751 TOTAL FUNDS 426,052 1389.0311 1187.2611 1150,2401 Page 30 contSnued...
GEORGE FENTMAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THE FINANCIAL STATEMENTS- tontlN•d FOR THE YEAR ENDED 310ECEMBER 2023 2L MOVEMENT IN FUNDS-tontinu•d A curient year 12 month5 and prforyear 12 months c¢)mb6ned posStlon 55 asfollows: Net m¢wement in fund5 Transfers between funds At 31.12.23 At 1.1.22 Unrestrfrted funds General fund Malntenance and Repalrs fd B5od5ver51ty fund 96,638 228,5ts) 1111.5631 42,573 175,0001 75,0(K) 27.648 153,500 70.261 14.7391 325,138 1116,3021 42,573 251,409 Restrttled funds Orchard fund 14151 41S Endowm•nt fvndi Endowed Capltal fund 8,681,321 827,082 142,9881 9,465,415 TOTAL FUNOS 9,006.459 710,365 9,716,824 A currènt year 12 months and prlor year 12 months comblned nei movement In funds, Included In the aLe ar¢ as follows.. Incomlng resources Resources Èxpendèd Galns and 1055e5 M¢)vement In funds Unr?strk¢4d fvfith General fund Blodlverslty fund 783.462 1864,6361 14,7391 130,3891 1111,5631 14,739 783,462 1869,3751 130,3891 1116,3021 R•strSrt•d fvnds Easicote Communlty Allotments fufid Solihull Wellbein8 & Recovery fund Elderly Lunch Club & Coffee Momln8lund Impro¥ln8 Dabled Actess fund Orchard lund 16,068 5,000 io.wo 4.000 14,039 116,0681 Is,(} iio,0001 14,(xxII IJ4,4541 14151 49,107 149,5221 14151 Éndowmentfvnds Endowed Capital fund 61,760 765,322 827.082 TOTAL FUNDS 894,329 1918,8971 734,933 710,365 Purpose of Unre5trlcled Funds Thls fund preSentsthe free funds of the charitythat a not deslinated for particular purposes. Page 31 contlnued...
fjEQRGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORAnNG GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHAR ¥)TES TO THE FINANaALSTATEMENTS. contimtd FOR THE YEAR ENDED 31 DECEMBER Z023 21. MOVEMENf IN FUNDS. ¢ontlnued Purpose ol De51gnated Funds inleo.an on¢ Rep31r5 fund The trustees have established this deslgnated fvnd for the purpose of provldlng for 8ener31. malntenance and extraordlnary Tepalrs concemln8the chirlly's alrnshoLue5 Ind other property belon8ln8 to the charfty. urLd The trustees have establlshed thls deslgnated fund for ihe purpose ol malntalnln8 a wlldflower meadow In Hampton-In-Arden. Purp gfR05trfcled Funds Fundlng obtalned by the chaflty from HS2's Communlty and Envlronrnent Fund to enable the development ind malntenance of new comrnunlty allotment5 In Hampton-in-Arden. Thlsfufid was lully exk*nded as at 31 December 2022. Thls fund represent5 fundln6 obtalned by the chèrSty from the Hearr of England Cornmunty Foundatlon In rtner5hlp wlth Sollhull MetropolStan Borough Councll In orLler to support Idea$ and proposals whlch w511 ontrlbute to the cornmunity respDnse In Hampton-In-Arden to Covld-19 and the subsequent recovery from Covl&l9. Thls fund wès fully expended a$ at 310ecember 2023. Th55 fund represent5 fundln8 obtalned by the charlty from the Natlonal Lottery Communlty Fund to enable the provlslon of a lunch and coffee 8roup lorolder people I18 In Hamptors-In-Arden. Thls fund was fulfv expended as at 31 December 2023. ImtLfoviD&DS5a4led A.c¢.¢.5.s.Ivn This fund represents funding obtalned by tht chartty from thè Bruce Wake Charftable Trust and from the RowLindsTrust toenable the Improvetrtnt of dlsabled access to the charfty'5 Fentham Hall. Th15 fund wasfully expended o5at 31 December2023. Thls fund represents fundlng obtalned by the charity from Groundwork UK to enable the charlty to create an orchard. Purpose ot Endowed FuThJ5 Thls fund represents the hi#orlc endowed capltal as amended for the revaluatlon ol Investments. the Income from which is taken to the General fund. TRANSFERS BWEEN FUNDS Movements between fund5 as at 31 Detember 2022 represent ftM)vements between the chartiy's General fund and the charirrfs wtri(d Endowed Capltal fund. Page 32 continued...
GEORGE FENTHAM HAMPTI)N IN ARDEN CHARITY INCORPORAnNG GEORGE FENTHAM HAMPTON IN ARDEN ENDOWEDOIARITY NOTES TO THE FINANCIAL STATEMENTS- continu•d FOR THE YEAR ENDED 31 DECEMBER 1023 22. EMPLOYEE BENEFIT OBLIGATIONS The £harlty contrfbures to the Indlvldual penslon plans of certaln employees. The assets of these schemes are held separately frorn those olthe charlty In lndependent1yadminteredfUndS. The total contributions for the year amounted to £1,90112022.. £1,8(K)l and out5tondin8 contributlons as at 31 December 2023 amounted to £nll12022.. £nill. 23. RELATED PARTY DISCLOSURES Geor8e Fenthom Hampton In Arden Endowed Charlty The George Fentham Hampton In Arden Charfty is connected with an unlncorporated charlty called the Geor8è Fentham Hampton In Arden Endowed Charllv IregIsteO number 2264921. Under a Charfty Commlsslon unltSng dlrectlon these flnanclal statements Incorporaté tht tran5actltsns ol both charltles. eoth charltles are admlnlstered bythe 5arne set oltrustees. Edu¢atlon•l Found8tloDof Geory• F•nthim The George Fentham Hampton In Arden Charfty Is also connected wh the Educational Foundat5on OF George Fentham Ireglstered number 5288161 whh bjth charltles beln8 admin15tered by the Sor set of trustees. Durlng the yèar ended 31 December 2023 the Geor8e Fentham Hampton In Arden Challty madè grant5 tot•llln8 £66,O]012022., £66,000) tothe Edutational Foundatlon of George Fentham. It a150 Supported the Foundatlon ¥th scholarshlp awards to Indlvlduals and made payments dlrtttty to thè beneflclarle5. As at 31 Decembei 2023, Included wSthln other tretlltors falllng due wlthln one year, Is £108,96112022.. £99,961> ilue from the George Fentham Hampton In Arden Charlty to the Educatbnal Foundation tsf GeorBe FeTrtham. Famlly Car•Trust Mr D Adams, a trustee of the George Fentham Harnpton In Arden Charlty, also seryes as a member of 5enlor fflana8ent at Famlly Care Trust, a charlty Incorporated In England and Wale5 Icornpany number 2982937, charlty nurnber 10450151. Durlng the year ended 31 Oecember 2023 seNlces totallln8 £EO12022.. £3.8401 We supplled by the George Fentham Hampton In Arden Charlty to Famlly Care Trust. OPERAnNG LEASE COMMITMENTS-IESSOR At 31 December 2023 the charlty had contracted wlth tenants futurè mlnlmum lease. payment5 under non-cancellable 0ratIng leases as follows. 2023 2022 Wlthln e year Between iwo and ffve year5 In more than five years 77.787 319,157 467,283 96,7B7 351.563 549.081 864227 997,431 Page 33