Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
REGISTEREO COMPANY NUMBER: 06927379 (England and Wales)
REGIsfERED CHARITY NUMBER: 1133567
REPORT OF THE TRusfEE5 AND
UNAUDrrED FINANCIAL STATEMEPlfS
FOR THE YEAR ENDED 31 JULY 2021
FOR
THE HAMBLIN TRUST
(A COMPANY LIMrrED BY GUARANT
Lewis Brownlee (Chtchesterl Limitfy
Chartered Accountsnts
Appkdram Barns
Birdham Road
Chithester
West Sus%x
P020 7EQ

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRusr
CONTENTS OF THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
Page
Report of the Truste•s
I to 5
Independent E￿lmine￿$ Report
Statemént of Financial Artivities
Balance Sheet
Notes to the Financial Statemerts
10 to 16
l)etailed Statement of Financial ALtivities
17

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
ThE HAMBLIN TRusr
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2021
The twst*s who are also directors of the charity for the purpjses of the compani￿ Act 2006, wesent their report with
the financial ststements of the charity for the year ended 31 July 2021. The trus￿ have adopted the provislons of
Accounting and Rewrbng by Charitses.. Ststement of Recommended PTrCts￿ ￿p￿ICable to chartbes preparing their
accounts in accordancé with the ￿n#￿￿oI Reporting Standard applicable In the UK and RepublK of Irdand IFRS 102)
(effective l January 2019).
OBJEcfivES AND AcmirrxES
Obje¢tive5 and aims
The objects of the Trust are to advance the thristian religion (without regard to dÈnominaix)n) by the teaching¢ Stu(ty
and application of Christian habits methods of thought, the propagation of Christian siiritual dottrine, the te￿Ing
and study of applled Chrisban right thinking and the adoptson of Christian spirriual wdlU￿ in daiTr lffe and to adwdnce the
ucation of the public in chrisb.an phik)sophy.
Significant activives
The activities uf the Trust rat￿ awarene￿ of the Importanc of Rrght Thlnknng in the way we live our lives and through
prornoting the understsnding of the sjritual artd p￿th"Cal PrillCiFA8s that underpÉn hallth and wellbeing.
Through the year, thè Trust has continued its WL¥k through the pU￿[L£tion and distm1￿￿on of its magaane, HamlAin
Vision, atMI has continued to develop ts pr￿￿rnme of talks and meeknng5 availabje to both tnernbers and the general
public. The Trust also continues to rent room5 to a dwerse and changing group of counsdlors, practlioners and
therapists who focus on devek)ping the hea￿h ènd S￿ritual wellbeing of those who attend thew tslks and therapy
sessK)ns. All of these att￿￿"e$ We￿ curtailed foll¢)wing the coronavirus outbreak and the subsequent Jockdown but. Sin
the Centre has reopenth acti￿t￿5 are s1[>w￿ getbng bath to normal.
The TTUSt has three ltsdg8s in its grounds which are intended for quiet retreats, tM)th for members and the public. The
lodg& are managed by its subsidiary FrrH Vision Ltd and, whil* the owating environment continues to be d￿l￿ngIng,
the lodges have, until the irnpatt of COVTD19, been very successfful In tsrrns of use, achieving a high degree of
c<cupancy and have covered a ￿gnffttrdnt amount Df the Trusts staff costs. Sirhce the easing of lockdown, demnd for
the ltsdges has been very high.
The Hamblin Ptant Mursery. a venture developpjj and maintsined Sole￿ by voluntsers wf(h the intention of genwating
additional income for the trusL has Continu￿ to develop and has attractèd a growing number of vis￿0￿. The a(JNities
tsking PL￿￿ at the Plant Nursery have ni)w expanth into producing and sdling hand-rnade uafts as wdl as the usual
plants and vegetables and th￿ has attratted a bt of interest and additi.onal volunteer Invo￿eMent. The overall plant and
(rafts attivib& have fomierty more or le￿ readied break£ven in the Last year or 50 whle it was funding the
developrnent of ts InfrastrucbJ￿, but we are pleased to note they have generattrj a small operating profft thts year.
During the Icd(down PEri(xl, the grounds proved very popular as a safe pla￿ to gather and exerci* and a number of
dasses and meth.ngs took pla￿ outdoots during the fine weather. The* were offered as a communty beThef￿, with any
donaty.ons to the Trust being gratefully aC￿PtaI. SIA￿ then, the use of the grounds a5 an attrattive p￿e for var¥)us
da55es woved very popular and, in the belter weather, fc has the centre of physical and meditation a¢tivty.
Public benefft
The continue to folbw the ChaTtty Commisson's guldants on pU￿1C bemefft and in parucular the
guldaTh￿ on charibeg for the advantrment 45f relig￿n.
Both the pU￿*shing work of the Trust, and the ￿ular groups, n￿e￿ngs, and lectur& and seminars are open to the
public without any restrictkjn on 3ny grounds. [￿jeed, the Trust seeks to w¢den its influen￿, and ttrs membership on an
ongoing basis, and publicty is ahvays an on90ing prc￿s.
Members of the public are free to visfc the ￿tre at Bosham throughout the week and pa￿UlarlY on weekdays where
the staff are availaLle to gwe help and assistance, and the rneditabon sanctuary Os open to the public. Prayets are offered
daity, and the puNic are fvee to attend irrespecbve of religion or splritual tAief.
The trustees have made available to the public the use of the faalibes, indudin9 the wDnderfuI￿ maintsined garden5, for
lebrations of various types.
Page J

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRusr
REPORT OFTHE TRiisfEES
FOR THE YEAR ENDED 31 JULY 2021
ACNXEVEMEKf AND PERFORMANCE
The fjgures for rrrforrnan￿ this year have all been by the coronaMrus pandemic and the need for k)ckdDwns In
)vember 2020 and bth*n January and March 2021.
For the main trust, net of government grant suppc*t, toial income decreased by 22% (É2L.2kl cornpared to 2020. The
biggest contributor to this deTrase was rduced income frotn booknngs in all the meeting rooms, particularfy the main
hall, and the rdated reduction in events incorne, all due to the lockdown restrictions IMpo￿d as a re￿j￿ of the
coronawws.
ThesÈ owational reducbons were offset by a £38.Ik (£17.7k in 2020) contiibutjon from Vdrious govemment gJPk)Jt
schem& for businesses su￿ett tr) lockdown.
C￿erhead suppjrt costs have reduced by 5% from the pr￿u5 year (£107.8k for 2021 Compar￿ to £113.5k in 2020),
vlth most of the a)sts remaining very simlèr to l&t year.
DeSP￿e the unfortunat& impact of the pandefflic, ￿ is possible to pick out soThe ￿￿tIVeS frum the figures. The totsl profft
for 2021 has increased from £412 to £5,305. which Is rna1n￿ due to the government supwrt in the year.
The lodge5, which are usd by the trusvg wholly owned subSid￿ry FttH Wision Ltrj, have been very succassful in tem￿ of
use, èlthough again they wére impacted by the lockdown arising from the Coron￿nIS pandemio ￿p[te the bckdown,
income frorn bwkings £6.Ik higher than last year (£48.3k for 2021 compared to £42.2k in 2020), which is a great
achiedement.
The trtJmblin Hant Nursery, whickn is a reladvew new actiwty Induded in the actiwties for FrrH IfisK)n Ltd, managed to
make [5￿ profit thanks to the add￿Onal actKVTty of setling crafts (the proiert athieved break even in 2020). It Is still
d￿dDping, and it is anbath3ted that prgfits shoukj grow in fuujre yea
As wti h the main trusL overhead ewses for stsff costs for the k)dges are this year as a regJJt ￿ the gJPPOrt
prowded by the governmenvs Job Retention Schen*.
The most slgnfficant factor in the resu￿ for krrH Vision Ltd, howeler, is the £53.7k receNed by way of govemment
supky)rt for closed-down operations and this, together with the impact of the staff furlough support of £8k. resulted in
proffc Df É52.6k Compa￿ to a proft in the prewous yeèr of £18.6
The main achEevernents in temis of our non-finanaal oble(Iwes for the year have been to provide a wide variety of
ctwdies and dasse5 intend8J to facilitate inner peace and physicJl and spiritual well￿1ng and to ensure that *iytors
stsiing in our Ic￿geS have had the cyporiunkty to eXper1er￿ a ￿riod of respite and tranquillty in an attractlve and
well-maintrdlned eNronment.
We thntinued to offer the use of our grounds as a safe place to meet for indmduals during lockdown and as è pla￿ for
outside act￿￿¢$. As a re%uK there was rnuch artwity In the grounds for yoga, m&itstion and other groups, all OFerab"ng
safely in a s￿la1￿ distsnced wayi in attrèctwe and tranquil surroundings. A sirniLir beTref￿ was abo provided by the ￿ant
nursery which, (xhce garden ￿ntre$ were allowed to r￿open, also offered a safe, outdoor space for people to wst and
meet others.
From a finanaal point of ￿ew, gemeratr.ng 3 small profit, albat with govemment suNK)rt, Of £5.3k for the tnst and
E52.6k for FrtH vis￿1n Ltd in the current year is a welcome outcorne for the financial heatth of the 0￿ration and is a
(Tedit to the fcKus and deterrnination of our small team of part time stsff. volunteers and trustees.
a rewlt of the eTrfo￿ed lockdowns the Trust continued, with the supFx)rt of teachers and pra¢*boner5, to provide
variou5 talks. meditstions and classes on-line, either live or prtrreCOrd￿ and, On￿ r￿Opened, rtrcomrnenced normal
physical 3cttvI￿￿ avthough these continue to be aff&ted by swal dthncing rthirtions and members. lack of
confidence in rebJming.
Wth the substantial loss of ongoing incorne arising from the impart of the c￿￿avirU$, the trustees met to discuss
5trateglc optiolls and to consider investment and expenditure prlorities. It was anticipated that income from events and
roorn hire is likety to recover only very skjwly and that, in order to suNive, the Trust neeAal to pursue the developmw)t
of digital prDducts to supp)rt our future owation, building on the Interim work done to date.
Page 2

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRusr
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 2021
FINANCIAL REVIEW
ReseTves and principle finaFKial management poliLy
The Trusts princ￿al financial management polioes adopted during the year have been to exerase tontrol over operating
expenses. to review and increase prices Whe￿ rxjssible and fE)cus on generailng income from digtsl woducts.
Gwen the ongoiThg difficu￿& caused by the impBtt of the coronawrus and the need for I(￿kdownS and socval dlstancingl
the Trusvs ability to manage financial policy hès ben limited. Whilst the trustees have continued to exerclse control over
openb.ng expenses, there ha5 been no scope for consvjering any pri￿ inoEases, and pL4nned increases in room hire
rates have been put hold until the e£onomic 5ittJation picks up and confidence rethms.
The Trusvs poliy Is to hold suffjoent reserves, wthin the Hamblin Group to be abk, should it become
n¢￿s5ory, to ceasè trading under control and with sufficient funds to discharge our Sta￿tOry obligat5ons to sLaff. Despite
the cu￿ent operat￿nal surplus, the Trust rnust cont¢nue to manage the cash QarefUl￿ and this, twher with the
teneficial imp&t of memter donattons, ensu￿ the Trust continue to operate and have adequ4te 0￿)rtUn￿ to
optsmEe attNikn&.
The Retreat L￿g￿, although they do rK)t usually produce an accounting proffti gener￿￿ remain ￿sh kyJsr(ive and
provide the Tnjst with extra resourtes to fund operabon5 anil these are essenUal to allow the Tru* to grow and
continue to promde its impk)tsnt publlc b￿erit from the current location. The tmstees regularfy reMew prices wth a
to generating increased income.
on￿ Ic£kdown was lifted, the d￿re for stsycationg resu￿ in a lot of intwt in the lodges, and booklngs toward5 the
latsr part of the year have very high. The trial of akernabve uses for the kKJges th3t may generate more profitsb
sour￿ of income remains on hold as a result of lockdown and the to wait untr"l c(￿r1d￿n￿ returns.
Despite the impatt of the coronavirus, the Trust produced a profit £5,305 compared to a profit of £412 in the previous
year. This mainly reflects the p0s￿Ve Impart ¢Jf gtsvemment grant support made available to t￿t￿nesS85 affected by the
coronavirus l(Kkdown5 and ongclng restrictitsn& Unfortunatety, the need to dose opertk￿S under the coronawrus
restrirtions rneans that the positive progr￿ we had made in the previous yeats in relation to In￿eaSing membwship has
been bad￿ impacted. We hope tha¢ when present restr1tti￿s are lited. we may te able to r?tMJitd the membership
bagk to the hvJher level athieved in thè pr*lock(bwn kEriOd.
Gwen the difficu￿ operating environment as a ￿su￿ of the Coronawrus, the trus￿ main focus is now on the CC￿tinUed
devdopment of digitsl products to help improve the finèncial situation and greaterfinandal sustsinabilty.
Goin9 Concern
The current levd of reser￿ is rrxjre than adequate b) support the Trust for a few more year5, dw.te the historic
underlyirwj Operati(￿131 deficits. However. since these accounts were prepared, the trust ha5 fa￿d new drfficulbes in
reEation to the ongoing management of the Trustrs operations and the tr￿Stee$ are of the view that the Centre does not
have a Viab￿ sustsinaL4e futu￿ in prewt form. According￿, they are presently investi9ating the possible sale of the
Centre and continuing to promote Harnblin's teachlngs largety online.
The present ￿egOtiatiOnS assume a transfer of the Trusi's assets to NrH Vision Ltd and that HTH Ltd would then
sold to the pr*rral bKlder. At the tirne of writing, the firbalisation of such a sale awaits darification on any potential
tsx implications and agreernent with the purcha*r on the nature of prop05d restri(knve covenants on the use of the
land.
During the dosedowns imposed as a res￿￿ of the Cowd19 pandemic, the Trust sUcces￿ul￿ maintalned its educab"oThal
actsviti& by (Teating and womoting online digital content and this will be the primary focus the site is sold,
although the member rna￿1ne, Hamblin Vision, will remain availèble in hard topy for Ihose who want ti in that forn.
Future acbwties ￿11 indude Ix)th live events on Zoom as wel as pre-recorded tslks, tnedttstions and related aCti￿ties.
Present negotiatiDns with the preferreil bidder akn all¢)w for some continual physical ackn.vty at the Trlarnblin CentsE
going forward.
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Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRUST
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 JULY 2021
srRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Trust 15 incorported as a company 11rn￿ed by guarnntee govemed by ts memorandum and arbcles of assocSation
and is a registered charity. The liabilty of the members in the event of the Trust belng wound up is lllnited to a sum not
exceeding £1. The total of such guardntees at the year£nd was É4.
The Trustees are empowered under the Trust Deed to appty the funds of the Charity for the purFose of the objerts
describèd bdow and are at fiberty to the expenses for the preparatK)n. pU￿1￿￿"0n and disseminaUon of ￿lIgIouS
literature.
Recruitrnent and appointment of new trustees
The Trustees are eliglble, in committee, to aptM)int add￿onal Trustees under the temis of the Trust Deed.
REFERENCE AND ADMINISTrArnE DETAILS
Registered Company num￿1
06927379 (England and Wa￿)
Registered Charity number
1133567
Registered office
Bosham House
Ma'n Road
Bosharn
Chichester
W£%t Sus
P018 8P)
Mjkhby
M Willson
N E Raine
V A Willson
Zndependent Examiner
Christine Deaton Bk IHoThsl FCA CtA
s Brownlee (Chichester) timited
Chartered Accountsnts
Appledrdm Barns
Birdham Road
Chithester
West Sus
P020 7EQ
Page 4

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAM8LIN TRiIST
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 JULY 2021
SUBSIDIARY UNDERTAKING
The Trustees a£knowledge that prrH Insion Ltd, the tradlng sutsidiary for the Trust, has been operating wf(h an
undethng deficit. It is a pleasu￿ for the trust￿5 trF rerort a prof￿ of £52.6k this year compared to £18.6k in 2020. This
is not something the trustees on tske rJYdit for as it is Sole￿ due to the beneficial irnpatt of govemment grants available
to us to offset the loss of income due to the coronawrus lockthwn and ￿going impact of resthcbons.
Although the $i￿ation regarding the retreat lad￿ has irnprov8J, the o￿ra0Thg enwronrn￿t contlnues to be drffiLv￿, but
the situation has beèn helped to a ynall extent by the development of the Flant nursery which also comes under the
ding aLtiwties of FrrH Vision Ltd. It remoins a relatrrfèty new acknmty that Is 5tll developing but the addib.on of ctaft
Sal￿ has now resulted in a srnall profiL It is reassuring that t￿ Dreption has now covered Its Ins￿31 developmert costs
arkl (c is expected th* this wll begin to make a greater contribution as the operation develops.
The def￿ incurred on the ret￿t lodge operation ts due to the continued pressure on our pmces and the ne￿1 tu
r￿UlarlY offer dixounts to attract occupancy. We are advised by Hoseasons (our main markeiing agents) that there Is a
generdl trend for clients to l&ve their holiday bookings to the last minute to obtsin better rates. As a re￿￿ deSp￿e
athieving robust ¢xcupaThcy, the lower net prices after dixount were not SLrffKient to cover the administratK)n and
running cost& The impact of the pandemic lockdown has, of course, affe£ted the lodge re5uts, not onty through thÈ
reduction in income, but also due to the addf(ional anO-infection cleaning costs.
The Trust￿ have wenity agreed a rise in cetsin pr[￿S with Hoseasons and it is hoped that thts, together with add
income from the plant nursery and related acbvtiies, will begin to redu￿ the operdting defiot in the future On￿ the
comnaMru5 r&tricbons a￿ e3sed. The discount polry is rev*wed as need￿ ty our U)aim)an and the Cenlye Manager.
It is IM￿rtant to note thaL athough the lodges continue to produts accounting losses, they generdlly prc4Ju
cath-￿the r&ul¥s so do provtde additronal resoMrcÉs to support the main trust.
Approved by order ofthe board oftrugtÉts ..¥.1.....￿￿0¥. l.i).%.l. and ￿gned on trs tehalf by:
D M Willson - Trustee
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Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
INDEPENDENT EXAMXNER'S REPORT TO THE TRusfEES OF
THE HAMBLIN TRUST
Independent examiner'$ report to the trustses of The Hamblin Trust (the Companv)
I rerx)rt to the charity trustees OTh my examination of the accounts of the Compgny for the year ended 31 Juty 2021.
Resptbnsibilities and basis of report
As the chartys twstees of the Company land also its dlrectots for the purwses of company law) you are responsible for
the prepèrdtion of the accounts in accordan￿ the requirements of the Companies Act 2006 (*he 2006 Atv).
Hawng saty"sfied Myse￿ that the accounts of the Company are not required to be audited under Part 16 of the 2006 Art
nd are eligible. ftsr independent examiThation, I report Sn reswt of my eyarninatton of ygur charitys accounts as carried
out under sectK)n 145 of the Charities Act 2011 (the 2011 Act'l. In carrying out my examination I have follow&J the
Dirthins gThfen by the Charity Commisgon under sethon 14515) (bl of the 2011 ACL
Independent examiner's statement
I have COmp￿ted my examinatton. I coThfirni that np matters have come trj my *ention in cOnn￿￿On wth the
eyaminats.on gTriing me cause to belEve'.
accounting records were not kept in respert of the Company as required by ￿tiDn 386 L(the 2006 Att. or
the acthunts do not accord with thase records; or
the accounts do not cornpty with the ac￿￿ntIng reqU1￿ments of secbon 396 of the 2006 Act other than any
requirern￿t that the accounts gwe a true and fair view which is not a matter con&dered as wt of an
independent erdmination. or
the èccounts have not been prepared in accordan￿ wlth the methc>ts and princirAe5 Of the Ststsment of
R￿Mmended pract[￿ for accounting and reportlng by charibes (applicable to d￿rIbeS preparing their accounts
in accordance with the ￿nanual Retk)rbng Standard apph"cablÈ in the UK ond RepublK of IreJ)nd (FRS 102)).
I have no COn￿M$ and have come across no other matters in connettion with the e￿mInatiOn to whith attentéon shou
be drawn in this report in order to enatle a proper understsndin9 of the accounts to be reached.
Do¢uS*n•d by..
8E548E182C6543C..
¢Jristine Deacon BSC (Hons) FCA CTA
Lewis BrowTr￿ (a)iche£ter) UmTtti
artered Accountsnts
Appledram Barns
Birdharfi Road
Chichester
West Sussex
P020 7EQ
17 March 2022 1 06.. 51 Gfvtr
t)ate'.
ge6

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRUST
STATEMEMf OF FINANCIAL ACnVITIES
FOR THE YEAR ENDED 31 JULY 2021
2021
Totsl
fund5
2020
Totsl
funds
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donati(￿$ and legaaes
52.925
3,460
56,385
37,166
Other trading actimty.es
56,740
56,740
76,778
Total
109,665
3860
113,125
113,944
EXPENDITURE ON
Charatable activities
Cost cl thariratle Act￿￿e5
lo7￿20
107A20
IL3.532
INCOME
SA05
412
Transfers between funds
i?
3,460
(3A60)
Net movement in funds
5,305
SA05
412
RECONCILLATION OF FUNDS
Total funds brought forward
241,719
241,719
241,307
TOTAL FUNDS CARRIED FORWARD
247,024
247.024
241,719
The notes form part of these finandal StateM￿ts
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Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE MAMBLIN TFwsr
BALANCE SHEEr
31 JULY 2021
2021
Total
funds
2020
Total
funds
Unrestricted Restritted
funds
funds
Notes
FIXED ASSETS
Tangible as¥ets
Invethents
288,242
288,242
271,717
io
288,243
288,243
271,718
CURRENT ASS￿5
Stc£ks
Dettors
Cath at bank and in hand
li
12
3,697
6,g53
96,276
3,697
6,953
96,276
Sl,475
106,926
106,926
$7,799
CREDITORS
Arnounts falling due within one year
13
(SO,123)
(50,123)
(12,9691
NET CURRENT ASSErs
56003
56.803
74.830
TOTAL ASSEfs LESS CURRE1￿ LIABILMES
345,046
345,046
346.548
CREDITORS
Amounts falling due after more than one year
14
(98,022)
(98,022)
(104,8291
MET ASSErs
247,024
247.024
241,719
FUNDS
Unre4trirted funds
17
247,024
241,719
TOTAL FUNDS
247.024
241.719
The charitable tompany is enbued to exemption from aud￿ under S&tsn 477 of the Companles Art 2006 for the year
ended 31 July 2021.
The mem￿r$ have not requlred the company to obtain an audit of rts financial siatsrnents for the year end
31 Juty 2021 in accordan￿ with secb.on 476 of the Companies Att 2006.
The trust￿ acknowtedge their reS￿nsibIlI￿"eS for
(al
ensuring that the ch3ritalAe company kee￿ accounting records that comply wlth Sections 386 and 387 of the
Cornpanies Art 20(￿ and
preparing finhnoal statements whth give a true and fdir view of the stste of affairs of the thariiable company as
t the end of each finantkal year and (* its surplus or defiot for ead) financial year in ￿(ordance with the
requirements of Sections 394 and 395 and which otheM1￿ cornp￿ with the requirements of the Compani& Act
2006 relating to financial sktements, 50 far a5 applicable to the charltable company.
(bl
The ngtes fwm part of these financial statsments
Page 8
ontinued...

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRusr
BALANCE SHEEf- continued
31JULY 2021
These financial statements have b￿n prepared in accordan￿ with the p￿￿On$ applicable to charitst4e companles
subj.ect to the small Compani￿ regime.
The fi'nanoal
ts were approved by the Board of Trustee5 and aLthorfsed for I￿Ue
and were svjned on its ￿half by-
on
N E Raine- Trust
D M Willson- TrustèÈ
The note5 form part of these financial siatements
Pdge 9

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRusr
IIOTES TO THE FJNANCXAL sfATEMEfrrrs
FOR THE YEAR ENDED 31 JULY 2021
srATUTORY INFORMATION
The Charity is an incor¥Jorated charity, registered with the Lhaiity Commissioners for Engknd and Wales
(1133567) and a company incorwroted in England and Wajes (06927379). The tharity is limited by Guarantee to
a maximum of £1 contribution mern￿r. There are currenuy four 12020- f￿r) Mem￿¥5. The Charty is
governed by its Attideg of AWc13t￿n. Its principle obiecbves and regi%tered Offi￿ can be found in the rewrt of
the trustee&
The Rnanoèl Strt￿nents have been prepared in Sterting. Trls Is the Charfvs fun¢tonal Currency.
ACCOUNTING POLICIES
Basis 4rf préparing the financlal statements
The finanaal staternents of the charitable company, whKh ￿ a pubfic ￿efft entity under FRS 102, have been
prepared in accordaTh￿ with the CharIb"￿ SORP IFRS 102) 'Accounting and Rewrting by CharibÉ%: Statement of
Recommended Prncti￿ appli￿l￿e to charitres preparing thar accounts in accordan￿ with the Fin4Thoal ReEDrting
Stsndard applicable in the UK and Republic of Irdand (FRS 102) leffecbve l January 2019),, Finan¢ial Rerx)rting
Siandard 102 The ￿nan031 Reporting Stsndard applicab￿ in the UK and Republic of Ireland, and the Companies
Act 2006.
Preparation of eonsolidated financial statements
The financial statements contain inf0m￿tiOn a*iut The Hambtin Trust as an indmduèl company and do not
contsin consolidated finanoal informakn.on as the ￿rent of 3 group. The d)aiity is exetnpt under Secknon 399(2AI
of the Companies Ati 2006 from the requirements to prepare consolidated financial ststern￿ts.
Income
Income is recognisÈd in the accounts as follows:
- DonaOons and other miscellaneous income- on a receipts basis
- date the legacy is received
- Mem￿tshIP fees- on a re￿Ipts basis including lifeD"me memEer5hip5
- o￿ldendS and interest- date the dpiiden(k and interest is recewed
Grant in¢ome
Grants relating to revenue are recognised in income on a systematic ts5is over the pericds in whKh the entity
recogni5es the relatrd costs for which the gnnt is intend& to compensate.
Grdnts that b￿Ome recewable as compensation for expenses or losses alrea(ty incurred or for the purpose of
gwing immediate financial supwrt to the entity with no fvture related costs are rwnised in income in the
period in whith it ￿eL￿ble.
Expenditure
abilthes arè rècognised as exwdEtyre as soon as there is a legal or Constructi￿ obligation eornmttbng the
charity to that expendibjre, it is probable that a transfer of economic benefts wil be r￿￿1￿d in settbrent and
the amount of the obligation can be measured reliably. ExpendiLure is accovnted for on an accruals bas￿ and has
been dassifi@d under headings that aggregate all cost related to the tatetyjry. whe￿ costs cannot be direcdy
attributed to pafacular headings they have been all¢xated to activitles on a basls consistent wth the use of
re￿urCeS,
Tangible fixed assets
Depreaatr"on ￿ provlded at the folltswng annual rates In order to wrEte off each asset over Its esttmatsd useful
lrfÈ.
Freehold wop
xbJres and fltUngs
2%- 10% on cost
25% on rethJdng balan
Where appliraible, asgets at a wJlualion in excess of £100 are capit3li5ed as ftxed assets. These assets are held at
COSt depreoation irh accordan￿ with th2 above depreaation polity.
Page ID
conts"nued...

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 2021
ACCOUNTING POLICIES- ¢ODtinued
stocks are valued at the lower of cost and net realisatr4e value, after making due alkjwance for obwlete and sk)w
momng ￿ern5.
Taxation
The chaiity Is exemptfrom corwrntion tsx on its d)aritab￿ acbvibe
Nnancial instNments
Finan(ial instruments are dassrfied by the direttors as basic following the condiknons in FRS 102. Basic finanoal
instruments are recognised at arnortised cost using the dfeLtive intsrest method.
Investments in subsidiaries
Investmthts in su￿Idiar￿eS a￿ measured at cosi th accumulatsd IM￿lmIent
Going concorn
The current levd of rese1v￿ is mre than adajuate to support the Trust fc* a few rnore years, despite the
historic und&lying operational ddi(itS. However, Sin￿ these accounts were prepared, the trust has faced new
dthculties in relabon to the ongoing management of the TnJsV5 operations and the trust*s are of the view that
the Centre does not have a viable sustrdinable future in its present form. Accordingly, they are presen
invesbgating the wssIb￿ ￿le of the Centre and continuing to promote Hamblin's teachings L3rgdy online.
The present negotiat#)ns assume a transfer of the Trust's assets to Vigon Ltd and that FrrH w￿lDn Ltd would
then ￿1￿ to the prderred blddèr. At the time of wrtbng, the finalisation of such a sale awaits clarification on
any poten￿al tax lEnplicat￿nS and agreement wth the purchaw on the natyre of prop)s& restrthe tovÉnants
on the use of the L3nd.
During the dos8Jowns irnpos&J as a r￿lt of the Cowd19 pandemlc, the Trust successfulty maintslned
educational by creating and promoting online duital content and this will be the prirnary focus once the
is sold, although the member maga2ine, HaMI￿1n Vi&on, wlll remain awdilable in hard copy for those who
want t in that form. Future a￿"V￿£S will indude both live events on Zoom as well as prwecordal talks,
mediiations and reLited attiwbes.
Present negOt￿ltionS with the Preferred bidder al￿ allow Sor￿ contynued physital acbvity at the Hamblln
Ca)tre going fomard.
DONATIONS AND LEGACIES
2021
Total
fvnds
2020
Total
funds
Unrestricted Restricted
fvnds
funds
Donations
Grft aid
Legacies
Grants
Meml*￿hlP
4,589
2,053
5,116
38,146
6.481
8,116
4,506
2053
5.116
34,686
6N81
3060
17,723
6,813
51925
3h60
S￿385
37,166
GTrnts receTh￿. indudè4 in the a￿)Ve, ao as follows..
2021
2020
Goverment grant income
38,146
17,7
Paje 11
continued...

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRU
NOTES TO THE llNANCIAL ￿ATEMENTS- corhtinued
FOR THE YEAR ENDED 31 JULY 2021
OTHER TRADING Acll￿ES
2021
Total
fvni15
2020
Total
funds
Unrestricted RestrKted
funds
funds
ExpEnses retharged
Rentsl income
Other income
Sale of putjications
36.923
13,322
5,923
572
36,923
13.322
5,923
572
37,177
26,089
13,185
327
56,740
56,740
76,778
CHARrrABLE ACtIVmES cosrs
The direct ¢osts of chanlabk activiti&, were as follows..
2021
2020
Cogt of Cha￿talle A¢*vities
107020
94,056
NET INCOMEI(EXPENDrruRE)
Ftts to the Independent examlner amounted to £2,200 during the year12020 .' £2,200),
TRusfEES' REMUNERATION AND BENEFITS
There were no truste* Rmunerntion or other benefits for the year ended 31 JU￿ 2021 nor for the year ended
31 ju￿ 2020.
Trustees. expensÈs
Travel and meeting expense5 reimburs￿ to tru*ees amountsd to NIL Q020- É46).
srAFF cosrs
The aveTrge Month￿ number of employees during the year was as folk)ws.'
2021
2020
Supp)rt
Svpemson
No employee5 receDied emoluments in excess of £60,000.
Totsl stsff costs may be analy￿ as folbws..
2021
2020
Wages and salari
Social *uJrity costs
Other penslon costs
59,710
60,059
1,590
Page 12
continued...

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN Tftusr
NOTES TO THE FINANaAL ￿ATEME￿fs- continuod
FOR THE YEAR ENDED 31 JULY 2021
TANGIBLE FIXED ASS￿$
Freehold
property
ar
frttings
Totsls
At l Avgust 2020
Addrtirxks
369A57
27,293
13,709
3ml
383,166
30,334
At 31 JU￿ 2021
396,750
14750
413AOO
DEPRECIATION
At l August 2020
Charye for year
98,292
13,133
13,157
676
111,449
13A09
At 31 ju￿ 2021
111,425
13,833
125,258
NEf BOOK VALUE
At 31 July 2021
265,325
917
288.242
At 31 July 2020
271,165
552
271,717
io.
Unlistsd
COST LESS IMPAIRMENT
At L August 2020 aThd 3L ju￿ 2021
NEf BOOK VALUE
At 31 Juty 2021
At 31 July 2020
There we no investment assets out*de the UK.
The compan¢s investments at the balance sheet date in the share (apitsl of companÈ5 indude the ft4bwing'.
rH W15ion Limited
Registsred office.. Bosham House Main Road, Bosham, ￿lcheSter, Su55ex, POI8 8P]
Nature of business.. providing acComm￿ation
Class of share:
Ordinary
holdiTh9
100
2021
2020
Aggregats capital and rtserves
Profft for the year
26,931
52,622
(19,3741
18,614
ge13
continued...

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRiisr
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 2021
ii.
2021
2020
Stocks
3WJ7
12.
DEBTORS: AMOUTr¥fS FALLING DUE WrnIIN ONE YEAR
2021
2020
Trade debtors
AMo￿nts owed ty group undethkings
Other debtors
Prepayments
soo
L5,572
3,256
2,356
1533
1,920
953
22,275
13,
CREDITORS: AMOUNTS FALLING DUE V￿lIN ONE YEAR
2021
2020
Bank loans and overdrafts (w note L51
Trade creditors
Amounts tswed to group undertaknngs
Social security and other tsxes
VAT
Attrued expenses
7,467
4,373
35.982
521
555
1,225
3,083
3,575
745
3￿66
2200
50,123
12,969
14.
CREDThORS.. AMOU1￿$ FALLING DUE AFfER MORE THAN ONE YEAR
2021
2020
Bank loans (see note 15)
98,D22
104,829
15.
LOANS
An analysis of the mèbJnty of loans is gwen bek)w'.
2021
2020
Arnounts falling due wtthin one year on dernand..
Bank loans
7A67
3,083
Amounts falkng between one and ttvo years..
Bank loalls- 1-2 yèars
7,779
9,250
Amounts falling due between tWD and five years-
Bank loans- 2-5 year5
25,342
27,749
Arnounts fèlling due in more than fwe yeats..
Repayable by instslments:
Bank loans- over 5 years
64,901
67,830
Intsrest on the above loan is Induded at a variable rate of 4% attsre the base rats.
Page 14
(yjntinued...

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIPI TR
NOTES TO THE FINANCIAL STATEMENTS- contioued
FOR THE YEAR ENDED 31 JULY 2021
16.
SECURED DEBTS
The following secured debts are indudal w*hin c￿l¢(c¥s..
2021
2020
Bank loans
105B89
107,912
The bank loan has bttn se0J￿ against the freehdd propety at Bosham Hou*, Maln Ro•J. E4xharn,
Chthester, P018 8P1.
17.
MOVEMENT IN FUNDS
Net
Movement
In funds
Trnnsfers
At 118120
funds At 3117121
Unrestsicted funds
General fund
241,719
3060
?47￿24
Restrirted funds
Shed Donatijn
BarnbrK* Hoor Donatian
1,150
310
(1,150)
(2AIO}
3.460
(3860)
TOTAL FUNDS
241,719
5,305
247,024
Net rnovem&)t in funds, irhdudaj in the above are as follows:
Incomlng
Resources
Movement
In funds
Unrestritted funds
General fund
109,665
(lo7￿20)
Restricted funds
Shed Donatron
Bamkn Floor C¥Jnation
1,150
2￿10
iso
310
3A60
TOTAL FUNDS
113,125
(107020)
5,305
Comparatives for movement in funds
movement
in funds
At 118119
At 3117120
Unrestrirted funds
General fiJTrd
241,307
412
241,719
TOTAL FUNDS
241B07
412
241,719
PaJe 15
continued...

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRiIST
NOTES TO THE FINANCIAL sfATEMENTS- tontinued
FOR THE YEAR ENDED 31 JULY 2021
17.
MOVEMENT IN FUNDS- eontinued
ComparatNe net movarent in funds, induded in the abDve are as fOl￿WS..
Incomlng Re50Yr￿ M¢)v¢ment
resources
expended
In funds
Unrestrlct•d funds
General fund
113.944
{113A32)
412
TOTAL FUNDS
I￿,944
(113,532)
412
RÉ4tritted grants amounting to £3,460 were as a contribubon towards the new shed and bambDD floor.
These grants have been fully ub"liseO for the specrfic purp)se during the year. Balance of restritt￿ fund5 at the
year end is NIL (2020.. NIL).
18.
EMPLOYEE BENEFTh OBLIGATIONS
The trust operdtes a defin￿ ctsntribution penaon ￿herne. The assets of the ptrnsion stheme are held separate
frorn those of the charity in an independeThdy administered fvnd. The Fension cost represents contribLttions
pardble. by the charty to the fund and amounted to £L,64812020: £1,590). Out51anding contributions ot the year
e￿1 amounted to £413 (2020 .' £140).
19.
RELATED PARTY DISCLOSURE
The trust Incur￿ expenditsjre rthtaj to ts subsidiary. The prin0p￿ expendthre rechargÉd to prrH Vison Ltd Is
set out below..
Thé tswst Incurred wenditure of £23,437 (2020: 23,154) relating to wages. This )mount has been ￿ar9ed t
its subsidiary and included in the eypenses reChar￿d in thè accounts.
The trust inojrred deweCla￿tsn r* £9,075 (2020.. £9,281). This amount has been recharged to its subsidiary and
induded in the expenses recharged the accounts.
The trust incurred expenditure of £4,412 {2020.' £4,743) relalSng to loan interest. Thls amount has ￿eft
recharged to its subsidiory and included in the expenses retharged in the acctsunts.
20.
ULTIMATE CONTROLLING PARTY
The trust is contmlled by the Trustees.
Page 16

Docusign En¥ÈlopÈ ID". A5E2E3C9-CSEA450&9935-C7CFC8BC4F72
THE HAMBLIN TRUST
o￿AlLED sfATEMENT OF FINANCIAL AcrniifiES
FOR THE YEAR ENDED 31 JULY 2021
2021
Total
funds
2020
Totsl
funds
Unrestrtrted R*icted
fund5
fund5
INCOME AND ENDOWMEII
Donations and legacies
Donations
ftaid
Legaaes
Grants
Memb2rthip
4,589
2,053
5,116
34￿86
6,481
4,589
053
5,116
38,146
6A81
8,116
4.506
17,723
6,813
S¥9ZS
3A60
56,385
37,166
Other trading actlvftiag
Expenses recha
Rentsl Income
Other income
Sale of publi¢ations
36,923
13.322
5,923
572
36,923
13,322
5,923
572
37,177
26,089
13.185
327
56,740
56,740
76,778
Totsl incomin9 resources
109,665
3A60
113,125
113,944
EXPENDrnIRE
Charitable activitles
Wages
Pensi¢Jns
Rates and water
Insuran
ght and heat
Telephone
Pfjnting, postage & thtionery
Adverbsing
Sundries
Travel
Entertainlng
Su1￿1ptiOns
Q)mputer
Repairs aw¥J renewals
Accountsncy
8aRk charges
Legal and profe￿[tin31
Bank loan interest
Depreciatson Df tangib￿ fixed assets
59,710
59,710
1,648
226
1027
3,247
641
2,239
928
522
60,059
1,590
1,114
2,OlJ4
2,043
636
2,992
226
I￿27
3,247
1239
928
522
674
46
205
451
SY)1
7,930
2,175
2,151
4Q3
960
14x133
1,317
L210
403
960
14,033
1.317
1,210
4,412
13W9
4012
13,809
4,743
22,355
107A20
lo7￿20
113,532
Totsl regjurces expended
lo7￿20
107A20
113,532
Net income
IA45
3M60
5,305
412
Thls page does not form part of the statutory financial statements
Page 17