CHARITY REGISTRATION NUMBER: 1101843
THE A. IL TRUST
FINANCIAL STATEMENrs
31 MARCH 2024
COHEN ARNOLD
Chartered accountants& statutory auditor
New Burlington House
1075 Finchley Road
London
NWII OPU

THE A. H. TRUST
FINANCIAL STATEMENrs
YEAR ENDED 31 MARCH 2024
Page
Trustees, annual rep)rt
Independent auditor's report to the metnbers
Statement of financial activities
10
Statement of financial position
Notes to the financial statements
11
12

THE A. H. TRUST
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
The trustees present their report and the financial statements of the charity for the year ended
31 March 2024.
Reference and administrative details
Registered charity name
Charity registration number
Principal office
The A. Il Trust
1101843
9 Danescroft Avenue
London
NW4 2NB
The trustees
E Smith
Mr A Grossnass
Ms S T Smith
Auditor
Cohen Arnold
Chartered accountants & statutory auditor
New Burlington House
1075 Finchley Road
London
Nwii OPU

THE A. H. TRUST
TRUSTEES, ANNUAL REPORT (toRlinued)
YEAR ENDED 31 MARCH 2024
Structure? governance and rnanagement
Governing document
The official name of the charity is The A. H. Trnst. The charity is governed by its Trust Deed and was
formed on the 22 DeceTnber 2(K13. The charity was registered with the Charity Commission on the 30
January 2(K)4.
Appointrnent. Training and Recruitment of Trustees
All current trustees are honorary members. The trustees administer the day-to4ay affairs of the
charity.
It is not the intention of the trustees of the charity to appoint anyadditional tn]stees. Should the
situation change in the future, the trustees will apply suitable rectuitment training and induction
procedures.
None of the trustees have any beneficial interest in the charity.
Risk management
The tn]stees have identified and reviewed the major risks to which the charity is exposed, in
particular those related to the operations and finance of the charity, and are satisfied that systems are
in place to mitigate those risks.
Financial risk management and policies
The charity holds or issues financial instruments in order to achieve two main objectives being:
a) the finance of its operations and
b) to generate funds.
addition various financial instruments (e.g. other debtors. other creditors, accruals and
prepayments) arise directly from the charity's operations.
Credit risk
The charity monitors credit risk closely and considers ihat its current policies of credit risk checks
meets its objectives of managing exposure to credit risk. Amounts shown in the balance sheet
represent the maximum credit exposurein the event other parties fail to perforni their obligations
under the financial instruments. It is recognised that systems can only provide reasonable but not
absolute assurance that major risks have been adequately managed.

THE A. H. TRUST
TRUSTEES, ANNUAL REPORT (¢onliniied)
YEAR ENDED 31 MARCH 2024
Objectives and activities
The objectives for which the charity is established are as follows:
( l) the advancement and promotion of the Jewish religion including the provision of instruction or
edification of the public in all its aspects and in any part of the world.
(2) the relief of aged. vulnerable and impoverished peisons of all ages in any part of the world.
(3) the advancement of education and learning andlor establishment andlor support of schools and
other institutions of Jewish learning including the establishment and supwjrt of colleges and
educational establishments in all parts of the world.
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 aim and objectives and in planning
future activities and setting the grant making policy for the year.
This charity makes grants and donations to other chatitable organisations. which accord with the
objects of the charity, and to needy individuals in the community. In doing so. the charity has
complied with its duty to act for public benefit in accordance with section 4 of the Charities Act 2006.
Achievements and perforniance
The main areas of charitable activity are the provision of financial support to Jewish organisations
engaging in education. advancement of reli￿On in accordance with the Jewish faith and the granting
of philanthropic aid to Jewish needy.
Financial review
The charity is solely dependent upon donations from individuals and other charitable organisations.
The demands on the charity's funds were within expectations. tn the year ended 31 March 2024,
grants made totalled £214,794 (2023- £226,315).
Reserves Poliey
It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity,
at a level which the trnstees think appropriate after considering the future commitments of the charity
and the likely governance costs of the charity for the next year.
The activities of the charity are supported by the trustees. who have agreed to advance funds to enable
the charity to continue its activities. The trustees have given written assurances that they would not
request the funds owed until such times when the charity has sutplus funds.
Investment Poivers, Policy and Objectives
tn accordance with the trust deed, the trnstees have the power to make any investment which the
trnstees see fit. The trustees regularly review the charity's position and needs in respect of the
investmeni policy.
Plans for future periods
The charity plans continuing the activities outIined above in the forthcolning years subject
tosatisfactory incoming resource8.

THE A. H. TRUST
TRUSTEES, ANNUAL REPORT (
c&￿inUed)
YEAR ENDED 31 MARCH 2024
Trustees, responsibilities statement
The trustees are responsible for preparing the trustees, report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the charity mistees to prepare financial
statements for each year which give a trne and fair view of the state of affairs of the charity and of the
incoming resources and application of resources, of the charity for that period.
In preparing these financial statetrrnts. the trustees are required to:
select suitable accounting policies and then apply them consistently"
observe the methods and principles in the applicable Charities SORP-
nuke judgments and accounting estimates that are reasonable and prudent"
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charity will continue in business.
The trnstees are responsible for keeping adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
position of the charity and enable them to ensure that the financial statements comply with the
Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions
of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for
taking ieasonable steps for the prevention and detection of fraud and other irregularities.
The trustees, annual report was approved on 18 December 2024 and signed on behalf of the board of
I￿SteeS by:
OD¢¥SW tyy:
t$56E24DOA0043e..
Mrs E Smith
Trustee

THE A. H. TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE A. H. TRUST
YEAR ENDED 31 MARCH 2024
Opinion
We have audited the financial statetnents of The A. H. Trust (the 'charity) for the year ended
31 March 2024 which comprise the statement of financial activities. statement of financial positlon
and the related notes, including a sumtnary of significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards. including FRS 102 The Financial Reporting Standard applicable in the UK
aDd Republic of Treland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charity's affairs as at 31 March 2024 2nd of its
incoming resources and application of resources. including its income and expenditure. for the
year then ended-
have been properly prepared in accordance with Unital Kingdom Generally Accepted
Accounting Practice.
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK))
and applicable law. Our responsibilities under those standards are further described in the auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of
the charity in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
ConcI￿lonS relating to going concern
tn auditing the financia] statements. we have concluded that the trustees. use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have perforn￿d. we have not identified any material uncertainties relating to
events or conditions that. individually or collectively, may cast significant doubt on the charity's
ability to continue as 2 going concern for a period of at I￿$t twelve months frotn when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described
in the relevant sections of this report.

THE A. H. TRUST
KNDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE A. H. TRUST
(Conliiiued)
YEAR ENDED 31 MARCH 2024
Other inforniation
The other inforn]ation comprises the infonnation included in the annual report. other than the
financial statement￿% and our auditor's report thereon. The trustees are responsible for the other
information. Our opinion on the financial statements does not cover the other information and. except
to the extent otherwise explicitly stated in our report. we do not express any fotm of assurance
conclusion thereon.
connection with our audit of the financial statements, our responsibility is to read the other
inforn)ation and, in doing so. consider whether the other inforniation is materially inconsistent with
the financial statements or our knowledge obtained in the audit or otherwise appears to be materially
tnisstated. If we identify such material inconsistencies or apparent material misstatements. we are
required to determine whether there is a material Tnisstalement in the financial statements or a
material mis.8tatement of the other infonnation. If. based on the work we have perfonned, we
conclude that there is a material misstatement of this other infornution. we are required to report that
fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
Jn the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit, we have not identified material misstatements in the trustees, report.
We have nothing to report in respect of the following matters in relation to which the Charities Act
2011 requires us to report to you if. in our opinion:
the information ￿Ven in the trustees, report is inconsistent in any material respect with the
financial statements. or
adequate accounting ￿e0rdS have not been kept. or
the financial statements are nol in agreement with the accounting records and returns. or
we have not received all the inforniation and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement. the trustees arc responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view. and
for such internal control as the trustees deterniine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
In preP(￿l￿g the financial statetnents. the tn]stees are responsible for assessing the charity's ability to
continue as a going concern, disclosing. as applicable. mallers related to going concern and using the
going concern basis of accounting unless the trustees either inlend to liquidate the charity or to cease
operations. or have no realistic alternative but to do so.

THE A. H. TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE A. H. TRUST
(coRliRued)
YEAR ENDED 31 MARCH 2024
Auditor's responsibilAties for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from malerial misstatement, whether due to fraud or error, and to issue an auditor's report
that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee
that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement
when it exists. Misstatements can arise from fraud or error and are considered material if, individually
or in the aggregate. they could reasonably be expected to influence the economic decisions of users
taken on the basis of these financia] statements.
Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities. outlined above. (o detect material misstateTnents in
respect of irregularities. including fraud. The exlent to which our procedures are capable of detecting
irregularities, including fraud is detailed below:
We obtained an understanding of the legal and regulatory frameworks that are applicable to the
charity thiough discussion with the trustees and ideJ)tified which were most significant with
respect to the financial statements. We identified financial reporting legislation (including
related companies legislation). taxation legislation, landlord legislation. and anti-bribery
legislation as being most significant to these financial statements. We communicated these
identified frameworks amongsl our audit team and remained alert to any indications of non-
compliance throughout the audit. We ensured that the engagement team had sufficient
competence and capability to identify or recO￿lse non-compliance with laws and regulations.
We discussed with the trustees the policies and procedures regarding conu)liance with these
legal and regulatory frameworks.
We assessed the susceptibility of the charity's financial statements to material misstatement due
to non-compliance with legal and regulatory frameworks, including how fraud might occur, by
enquiry with the trustees during the planning and finalisation phases of our audit. The
susceptibility to such Tnaterial misstatement was deterniined to be low.
Based on this understanding we designed our audit procedures to identify non-compliance with
the identified legal and regulatory fratneworks. which were part of our procedures on the related
financial statement items. Our procedures included reviewing the charity's internal controls
policies and procedures. correspondence with regulatory bodies including HMRC, testing
transactions outside the nomlal course of the business and journal entries. and discussions with
the trustees and senior management.
Owing to the inherent limitations of an audit. there is an unavoidable risk that we may not have
detected sotne material misstatements in the financial statements. even though we have properly
planned and performed our audit in accordance with auditing standards. For example. the further
retnoved non-compliance with laws and regulations (irregularilies) is from the events and transactions
reflected in the financial statements, the less likely the inherently limited procedures required by
auditing standards would identify it. In addition, as with any audit. there relnained a higher risk of
non-detection of irregularities. as these may involve collusion, forgery, intentional omissions.
misrepresentations. or the override of internal coT)trols. We are not responsible for preventing non-
compliance and cannot be expected to detect non-compliance with all laws aud regulations.

THE A. H. TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE A. H. TRUST
(conlinued)
YEAR ENDED 31 MARCH 2024
As part of an audit in accordance with ISAS (UK). we exercise professional judgment and maintain
professional scepticism throughout the audit. We also:
Identify and assess the risks of material Tnisstatement of the Iinancial statements, whether due to
fraud or effor. design and perforn) audit procedures responsive to those risks, and obtain audit
evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not
detecting a material misstateTnent resulting from fraud is higher than for one resulting from
effor. as fraud Tnay involve collusion. forgery, intentional omissions. misrepresentations. or the
override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit
procedures that are appropriate in the circumstances. but not for the purpose of expressing an
opinion on the effectiveness of the internal control.
Evaluate the appropriateness of accouDting policies used and the reasonableness of accounting
estimates and related disclosures made by the trustees.
Conclude on the appropriateness of the trnstees. use of the going concern basis of accounting
and. based on the audit evidence obtained. whether a material uncertainty exists related to events
or conditions that may cast significant doubt on the charity's ability to continue as a going
concern. If we conclude that a material uncertainty exists, we are required to draw attention in
our auditor's report to the related disclosures in the financial statements or. if such disclosures
are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained
up to the date of our auditor's report. However. future events or conditions may cause the charity
to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the
disclosures. and whether the financial statements represent the underlying transactions and
events in a manner that achieves fair presentation.

THE A. H. TRUST
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE A. H. TRUST
(¢ontiRtted)
YEAR ENDED 31 MARCH 2024
We communicate with those charged with governance regarding. among other matters, the planned
scope and timing of the audit and significant audit fmdings. including any SI￿lfiCant deficiencies in
internal control that we identify during our audit.
Use of our report
This report is made solely to the charity's members, as a body. in accordance with section 144 of the
Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been
undertakeD so that we might state to the charitys members those matters we are required to state to
them in an audltorfs report and for no other puryose. To the fullest extent perniitted by law. we do not
accept or assume Tesponsibility to anyone other than the charlty and the charity's members as a body,
for our audit work. for this report, or for the opinions we bave forn]ed.
Dov Harris FCA (Senior Statutory Auditor)
For and on behalf of
Cohen Arnold
Chartered accountants & statutory auditor
New Burlington House
1075 Finchley Road
London
NWII OPU
18 December 2024

THE A. H. TRUST
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2024
2024
2023
Unrestricted
funds Total funds Total funds
Note
Income and endowments
Donations and legacies
Investment income
37,600
317.828
37,600
317,828
355,428
2.385
208.977
Total income
355,428
211.362
Expenditure
Expenditure on raising funds:
]JTrvestment management costs
Expenditure on charitable activities
Total expenditure
(861.539) (861,539) (120.707)
7* (219.074) (219,074) (229.915)
(1.080.613) (1,080,613) (350,622)
Net losses on investments
10
(43,289)
Net expenditure and net movement in funds
(725.185) (725,185) (182,549)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
1,054.871
329.686
1.054,871
329,686
,237,420
1,054,871
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 12 to 18 form part of these financial Staten￿ts.
io-

THE A. H. TRUST
STATEMENT OF FINANCIAL POSITION
31 MARCH 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
Current assets
Debtors
Cash at bank and in hand
15
6548505
6,548.505
16
25,0
35206
25.(X)O
33,358
58.358
60,206
Creditors: amounts falling due
within one year
17 (2279,025)
(1,551.992)
Net current liabilities
(2,218,819)
(1.493.634)
5.054.871
Total assets less current liabilities
4329,686
Creditors: amounts falling due after
more than one year
Net assets
18
(4.0(M),000)
329,686
(4,￿o.11)0)
1.054.871
Funds of the charity
Unrestricted funds
329,686
329,686
1,054.871
1,054,871
Total charity funds
20
These financial statements were approved by the board of trustees and authorised for issue on 18
December 2024, and are signed on behalf of the board by:
•¢uSlgn*d by..
155OE24DOA004X.
Mrs E Smith
Trustee
The noto$ 00 pages 12 to 18 forni part ￿ these futhDcial stattn*nt
li-

THE A. H. TRUST
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
General inforniation
The charity is a public benefit entity and a registered charity in England and Wales and is
unincorporated. The address of the principal office is 9 Danescroft Avenue. London, NW4 2NB,
England.
Statement of cornpliance
These financial statements have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
RecomTnended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Charities Act 2011.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. as Tnodified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling. which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted funds earn)arked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the tern￿ of an appeal, and fall into one of two sub-classes: restricted income funds or
endowment funds.
12-

THE A. H. TRUST
NOTES TO THE FINANCIAL STATEMENTS (COntin￿ed)
YEAR ENDED 31 MARCH 2024
Accounting policies (co￿1￿￿ed}
Incoming resources
All incoming resources are included in the statement of fin2ncial activities when entitlement has
passed to the chatity. it is probable that the economic benefjts associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specifjc policies
are applied to particular categories of income:
incolne from donations 01 grants is recognised when there is evidence of entitIement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt És probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the
donor or the estimated resale value. Donated facilities and services are recognised in the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless the￿ is a contractual
requirement for it to be spent on a particular purpose and returned if unspent. in which case
it may be regarded as restricted.
Resources expended
Expenditure is recogmised on an accruals basis as a liability is incurred. Expenditure includes
any VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates-
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are
apportioned between the activities they contribute to on a reasonable, justifiable and consistent
basis.
T2ngible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairnient losses. Any tangible assets Ca￿led at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated
depreciation and subsequent accurnulated impairnient losses.
13-

THE A. H. TRUST
NOTES TO THE FINANCIAL STATEMENTS IcoThiinued)
YEAR ENDED 31 MARCH 2024
Accounting poIicies (conlinued)
Tangible assets (tonlinued)
An increase in the carrying amount of an asset as a result of a revaluation. is recognised in other
recognised gains and losses. unless it reverses a charge for impainnent that has previously been
recognised as expenditure within the statement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation. is recognised in other recognised gains and losses,
except to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Inv£stments
Unlisted equity investments are initially recorded at cost. and subsequently measured at fair
value. If fair value cannoi be reliably Tmsured, assets are measured at cost less impairment.
Listed investments are measured at fair value with changes in fair value being recognised in
incoTne or expenditure.
Impairnient of fixed assets
A review for indicators of impairment is carried out at each reporting date. with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impainnents are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of the
cash inflows from other assets or groups of assets.
For impainnent testing of goodwill. the goodwill acquired in a business combination is. from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergles of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Donations and legacies
Unrestricted Total Funds Unrestricted Toial Funds
Funds
2024
Funds
2023
Donations
Donations received
37.6(M)
37,(rf)O
2J85
2.385
Donations received in the year include an amount of £17,(XK) from a trustee of the chatity.
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Income from investment properties
317.828
317,828
208,977
208.977
14-

THE A. H. TRUST
NOTES TO THE FINANCIAL STATEMENTS (con¢iw¥d)
YEAR ENDED 31 MARCH 2024
Investment management costs
Unrestricted Total Funds Unrestricted Total Funds
Funds
202A
Funds
2023
Repairs and maintenance
l£gal and professional
Insurance
Ground rents and service charges
Light and heat
Management fees
Interest payable
13.556
2,810
964
33.(K)9
13,556
2010
964
33,￿9
39,312
589
857
46.951
1.318
31.680
39.312
589
857
46,951
1.318
31,680
31,200
780.(J)O
31200
780,000
861.539
861539
120.707
120,707
Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
202A
Funds
2023
Donations paid
Support costs
214,754
4.320
214,754
4?20
219,074
226.315
3.600
226.315
3.600
219,074
229.915
229,915
Expenditure on charitable activities by activity type
Grant funding
of activities Support costs
Total funds
2024
Total fund
2023
Donations paid
Governance costs
214.754
214754
4J20
219,074
229,915
4,320
214,754
4.320
229,915
Analysis of support costs
Accountancy
fees Total 2024 Total 2023
Support costs
4.320
4J20
3.600
10. Net losses on investments
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
G2insl(losses) on other investment
assets
(43,289)
(43.289)
15-

THE A. H. TRUST
NOTES TO THE FINANCIAL STATEMENTS (
conlinued)
YEAR EIYDED 31 MARCH 2024
11. Net expenditure
Net expenditure is stated aftei chargingl(crediting):
202A
2023
Fees payable for the audit of the financial statements
1000
12. Independent examination fees
2024
2023
Fees payable to the independent examiner for:
]ndependent examination of the financial statements
1,800
13. Staff costs
The average head count of employees during the year was Nil (2023: Nil).
No employee received employee benefits of more than £60.(X)O during the year (2023: Nil).
14. Trustee remuneration and expenses
No trustee received any Temunderation during the year. The charity did not meet any individual
expenses incurred by the trnstees for services provided to the charity.
15. Tangible fixed assets
Land and
buildings
Cost
At l April 2023 and 31 March 2024
Depreciation
At l April 2023 and 31 March 2024
CarryiDg amount
At 31 March 2024
6548,505
6548,505
6.548.505
At 31 March 2023
The property has been valued by the tnistees, together with external professional RICS surveyors.
who have extensive knowledge of the property M￿ke1.
16-

THE A. H. TRUST
NOTES TO THE FINANCIAL STATEMENTS (contlnued)
YEAR ENDED 31 MARCH 2024
16. Debtors
2024
2023
Other debtors
25,000
25.WO
17. Creditors: amounts falling due within one year
202A
2023
Accruals and deferred income
Other creditors
783,000
IN96,025
2279,025
57.167
1.494,825
]551.992
18. Creditors: amounts falling due after more than one year
202A
2023
Bank loans and overdrafts
4,OIM),IMM) 4,OW,(
19. Deferred income
2024
2023
Amount deferred in year
54,167
20. Analysis of charitable funds
Unrestricted funds
At
l April 2023
Gains and
At
losses 31 March 2024
Income Expenditure
General funds
1,054,871
355.428 (1.080.613)
329,686
At
l April 2022
Gains and
At
losses 31 March 2023
Income Expenditure
General funds
1,237,420
211.362
(350.622)
(43,289) 1.054.871
17-

THE A. H. TRUST
NOTES TO THE FINANCIAL STATEMENTS (continutd)
YEAR ENDED 31 MARCH 2024
21. Analysis of net a&sets between funds
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Cutrent assets
Creditors less than l year
Creditors greater than l year
Net assets
6548.505
6548,505
60.206
60206
(2.279,025) (2,279,025)
(4.0(K).000) (4,(M)O,000)
329,686
329,686
Unrestricted Totsl Funds
Funds
2023
Tangible fixed assets
Investments
Current assets
Creditors less than l year
Creditors greater than l year
Net assets
6.548,505
6.548,505
58.358
58.358
(1.551,992) (1.551,992)
(4.1J)O,O(KJ) (4,0(M).000)
1,054.871
1.054,871
22. Related parties
Included in other creditors (note 17) is an amount of £263,336 due to Mrs E Smith. a trustee.
18-