THE HurroN FOUNDATION
Financial statementsfor the year ended 31 December 2024
(<8giJtereJ IlJ¢ln4, N'o. 1106i21) 14 Eiigl47tr1d aiiJ JY"4&.

THE HUTTON FOUNDATION
Administration
Professronal advisers
Trustees
Trustees, report
Independent reviewer's report
Statement of financial activities
Balance Sheet
Notes to the financial statements

THE HurroN FOUNDATION
ADMINISTRA TION
Registered office address
The Old House
Bramley Road
Silchester
RG7 2LU
Registered Charity no . 1106521
Secretary & Treasurer
Jackie Donnina
c/0 25a Soho Square
London
WID 3QR

THE HurroN FOUNDATION
PROFESSIONAL ADVISERS
Bankers
C. Hoare & Co
37 Fleet Street
London
EC4P 4EIQ
Independent reviewer
N. ColaGo FCA
TC BSG Valentine Limited
Lynton House
7-12 Tavistock Square
London
WCIH 9BQ
Solicitors
Stone Ki ng LLP
16 St John's Lane
London
ECIM 4BS

THE HUTTON FOUNDATION
TRUSTEES
Trustees fin (Jlphabetical order)
Mrs. Amanda Hutton
Mr. Graham Hutton
Mr. James Hutton
Mr. Richard Hutton

THE HUThON FOUNDATION
TRUSTEES REPORT
Trustees report for the year ended 31 December 2024
The trustees present their report and the
financial statements for the year ended 31
December 2024. This report is prepared in
accordance with the Charities Act 2011 and
the Statement of Recommended Practice
"Accounti ng and Reporting Charities" (revised
2008) issued by the Charity Commission in
March 2005.
approved by the Charity Commissioners. The
principal activity of the charity throughout the
vear was to receive donations and donate
monies for charitable purposes for the benefit
of the public in any part of the world as the
trustees may, in their absolute éiscretion,
think fit,
The trustees will continue to
consider appkications for donations and will
make such donations as they think fit in the
foreseeable f uture.
Trustees, responsibilities
The Charities Act 2011 requires the trustees to
prepare financia I statements for each financial
vear which give a true and fair view of the
State of affairs of the char¢ty and of the
surplus or def icit of the charity for that period.
In preparing those financial statements, the
trustees are required to:
Financial review
The charity had a surplus for the year of
£28,851 {2023 deficit: £61,810) and made
charitable donations in the furtherance of its
objectives of £260,416 {2023: £209,891I.
The trustees are satisfied that the objects of
the charity continue to be achieved. The
overall surplus on the income account
amounts to El,159,492 {2023: £1,130,641)
and is available for maki ng future donations in
accordance with the charity's objectives.
The charity's funds are invested in a mixture
of corporate bonds and equity indices to
generate income and capital growth from
which donations can be made,
Select suitable accounti ng policies and
hen apply them consistently;
Make judgements and estimates that
are reasonable and prudent;
Prepare the financial statements on a
going concern basis unless it is
inappropriate to presume that the
charity will continue in existence;
Determine
how
amounts
are
presented within the statement of
financial activities and balance sheet
having regard to the substance of the
reported transaction or arrangement,
in accordance with genera Ity accepted
accounting principles or practice.
The trustees are responsible for keeping
proper accounting record5 which disclose the
reasonable accuracy at any time the financial
position of the charity and to enable them to
ensure that the financial statements comply
with the Charities Act 2011. They are also
responsible for safeguarding the assets of the
charity and hence for taking reasonable steps
for the prevention and detection of fraud and
other irregularities.
Objective principal activities
e charity was created under a Trust Deed
dated 15 October 2004 under a scheme
Trustee appointment, induction and trainsng
The existing trustees have the power to
appoint new trustees to fill specialist roles.
When considering any new appointments, the
trustees have regard to the requirement for
any specialist skills needed to assist in meeting
the charitable objectives.
New trustees are brkefed on their legal
obligations under charity law and the contents
of the charstls constitution. They are also
advised of the decision making proces5, the
principal
activities
and the
financial
performance of the charity.
During their
induction. new trustees meet key trustees and
are also encouraged to attend appropriate
external training events where these will
facilitate the undertaking of their role.

THE HUThON FOUNDATfoN
TRUSTEES REPORT
Reserves pollcy
The charity's reserve policy is to retaln a
sufficient level of reserves to make charitable
donations,
All the funds of the charity are unrestricted
wlth the extÉption of funds In relation to the
International Theological Instltute
and
International Catholic Legislators Network.
The charity has two funds, the income account
and the capltal account. The income account
is generated from
ncome derived from
donations received and from interest and
dividend income, and is used to make
charitable donations which meet its charitable
objectives. The capital account is derived
main ly from the original investment as set out
In the Trust deed.
Statement as To Disclosure of Information
So far as the trustees are aware, there is no
relevant
information
which
the
independent examiner is unaware, and each
trustee has taken all the steps that they ought
to have taken as a trustee in order to make
them aware of any Information and to
establish that they are aware of that
information.
Public benefit Statement
The trustees have referred to the guidance in
the Charity Commission's general guidance on
public benefit when exercising powers and
duties in furtherance of the charities
objectives.
The Trustees, report has been prepared in
accordance with the requirement5 of the
Charities Act 2011.
Mr Graham Hutton

THE HurroN FOUNDATION
INDEPENDENTREVIEWER'S REPORT
Independent reviewer's report to the Trustee5 of the Hutton Foundation
report on the accounts of the Trust for the year ended 31 December 2024, wh4ch are set out on
ages 7 to 10.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The trustees consider that
an audit is not required for this year {under section 144(2) of the Charities Act 2011 {the 2011 Act))
and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the General Directions given by the Charity
Commission under section 145(5}(b) of the 2011 Act; and
to state whether particular matters have come to my attention.
Basis of independent examiners, report
My examination was carried out ir) accordance with the General Directions given by the Charitv
Commissioners. An examination includes review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of anv
unusual items or disclosures in the accounts, and seeking explanations from YOLF as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that would
be required tn an audit, and consequently no opinion is given as to whether the accounts present a
'true and fair view, and the report is ¢imited to those matters set out in the statements below.
Independent examiners, statement
In connection with my examination, no matter has come to my attention:
a) which gives me reasonable cause to believe that in any material respects, the requirements:
to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records, comply with the accounting
requirements of the 2011 Act
have not been met or;
b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
N. ColaGo F.C.A.
TC BSG Valentine Limited
Lynton House
7- 12 Tavistock Square
London WCIH 9BQ
December 2025

THE HUTTON FOUNDATION
STA TEMENTOF FINANCIAL ACTIVITIES
For the year ended 31 December 2024
Unrestricted Restricted
Tota I
Fund5
Notes
2024
2024
2024
2023
ENCOMING RESOURCES
Incoming re50urcesfrom generatedfunds
Charitable donations
1,360
165,000
166,360
88,696
Interest & other income
83,709
83,709
24,948
TOTAL INCOMING RESOURCES
85,069
165,000
250,069
113,644
RESOURCES EXPENDED
Costs of generating funds
Charitable donations made
(95,416) (165,000) {260,416) {209,891)
Adrninistrative expenses
(1,470)
(1.470)
(2,055)
TOTAL RESOURCES EXPENDED
(96,886) (165,000) 1261,886}
(211,946)
NET OUTGOING RESOURCES FOR THE YEAR
111,8171
111,817)
198,302)
Other recognised gains or losses
40,668
40,668
36,492
Net movement in funds
28,851
28,851
{61,810}
Total funds brought forward
1,130,641
1,130,641
1,192,451
TOTAL FUNDS CARRIED FORWARD
1,159,492
1,159,492
1,130,641
The notes on pages 9 to 10 form part of the financial staternents.

THE HUThON FOUNDATION
BALANCE SHEET
A5 at 31 December 2023
Unrestrlcted f unds
2024
2023
FIXED ASSETS
Investments in Securities
1,123,000
1,112,332
CURRENT ASSETS
Cash at bank ancl in hand
37,462
19,279
TOTAL CURRENT ASSETS
37,462
19,279
CURRENT LIABILITIES
Accrual5
(960)
(960)
TOTALCURRENT LIA81LITIES
(960)
(960)
NET ASSETS
1,159,502
1,130,651
Represented by..
Capital account
Income account
UNRESTRICTED FUNDS
10
10
1159 492
1130 641
1,159,502
1,130,651
Approved by the Trustee5
Graham Hutton
For and on behalf of the Trustees
22
December 2025
The notes on pages 9 to 10 form part of the financial staternents.

THE HurroN FOUNDATION
NOTES TO THE FINANCIAL STA TEMENTS (continued)
l. Accounting policies
The financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting
Standard applicable in the UK and the Republic of Ireland,, the St3tement of Recommended Practice
3pplicable to charities preparing their accounts accordance with the Financial Reportrng Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011,
The Hutton Foundation meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognrsed at historic31 cost or transaction value unless otherwise stated in the
relevant accounting policy note(s},
Charitable income
All incoming resources are 4ncluded in the statement of financial activities when the charity is entitled
to the income and the amount can be quantified with reasonable accuracy. Voluntary income is
received by way of grants, donations and gifts and is included in full in the Statement of Financial
Activities when receivable.
Expenditure
All expenditure is accounted for on an accruals basis and allocated to the appropriate heading in the
accounts. All VAT has been included as part of the cost to which it relates,
Charitable expenditure comprises those cost incurred by the charity in the delivery of its activities for
its beneficiaries. These costs include charitable distributions made,
Trustees, remuneration and related porty transactions
No trustees received any rernuneration during the year {2023: £nil). No trustees, expenses were
incurred during the year. There were no related party transactions in the year {2023: £nil).
Substantially all of the donations received in the current and previous year were from the Hintze
Family Trust.
2. Charitable income
Unrestricted Restricte Total 2024
2023
Donotions received
Charitable donations
1,360 165,000
166,360
88,696
Charitoble donations
La Allegria de Los Ninos
Emmanuel College
Theological Institute
International Catholic
Legislators Network
Aid to the Church in Need
(15,000)
(3,856)
(15,000)
(3,856)
180,0001
185,000}
{15,000)
{3,720}
{80,000}
(80,000)
(85,000)
{17.200}
{59,360)
117,200}
{59.360}
Other donations
(111,171)
TOTAL
(95 ,416) (165,000)
1260,416)
(209,891)

THE HUTtON FOUNDATION
NOTES TO THE FINANCIAL STA TEMENTS (continued)
3. Administrative expenses
2024
2023
Independent review
Bank charges
Sundry Expenses
960
950
510
595
500
1,470
2,055
4. Investments
2024
2023
Cash and cash products held at bank
37,462
19,729
Investment portfolio
1,123,000
1,112,332
1,160.462
1,131,611
5. Creditors
2024
2023
Accruals
Independent examination
960
960
10