REGISTERED CHARifi NUMBER.. 1138B13
è Trustsas and
Unauditèd Fin
nt5
for the Year En
31 March 2025
for
he Hila
Monahan5
Chartered Accountants
Hemies House
Fire Fly Avenue
Swindon
Imitshire
SN2 2GA

The Hila
Awd Charitablo Trust
Fin
for the Yoar Ended 31 March 2025
Pag•
Raport of the Trustsgs
Indewndont Examlnerfs Rèport
5tatgment of Finan¢lal Actlvities
Balance Sh88t
Notss to the Flnancial Ststements
7 to 14

The Hila
Awd Charitabl Trust
Re
ort of the Trustegs
for th Year Ended 31 March 2025
The trustees present their report wth the ffinanaal statements of the tharity lor the year ended 31 Mar¢h 2025. The
trustees have adopted the provisions of Accounting and Reporting by Charibes". Statement of Recommended Practioy
applicable to charities preparing their accounts in accorilance wih the Finanaal Reporting Standard applicable in the UK
and Republic ol Ireland IFRS 1021 (effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
The trust's objects are staled in ￿lde temis and are the PUTsuiI of charitable p￿￿o$e5 bthich are exdusivety charitable
according lo the law of England and Wales. In practice the trust pursue5 these rJbje¢t8 by making donations lo other
charitable organisations which fall wilhin its areas of interest. Grants to individua15 are not made. The trust's areas of
interest are prinapally canc&r research, hospice and palliative care. rescue charities and steam railways. The Iruslees
have referred lo the guidance contained in the Charity Commission's general gu￿anCe on public benefit when reviewing
the Irusl's aims and objectives and in planning and settling grant making policies.
GRANT MAKING POLICY
Grants are congdered by all Iruslees on a biannual basis w*ile having regard lo the trust's aims and objective5 and
inveslmenls. When grants are approved, the Iwuslees instrucl the Soliutors lo organise the making of such grants. Once
a grant has been made, the Solicitors liaise wilh the applicant lo confirm Teceipt and the application of the grant funds. A
detailed register ol applications, grants and ￿nfirMationS of receipl is maintained by Ihe Solialor5.
ACHIEVEMENTS AND PERFORMANCE
Charitable a¢tlvltltrs
During the year lo 31 March 2025 the twst made donations lo other charitable oryanisalions of £109.250.
Application5 are made in writing or via e-mail and the trustees request Ihal they are limited lo one document of not more
than four sides of A4 paper. Applications are considere(l on a case4Jy-case basis and the trust wll consider applications
by charitable organisalion5 that it has not Previousty supported. In prinaple all applications by charities registered in
England and Wales will be considered on their merits in attordanL* With the trust's are85 of interest as outlined in the
objectives.
FINANCIAL REVIEW
The trust does not fundraise and its income is comprised wholty of income arising on the Irusl's inve51menl portfolio
vthich has been ftjnded by gifts of eXpenda￿e endovhnenl from the Irusl's founder aThJ her surwwng husband, Mr Alf
Fortnam.
The tfust's Investment Managers have discretionary management over the Irusl's investment portfolio and are inslm¢led
lo mammise income return within the constraints of a medium risk portfolio. The trust does not hold investments in
amiaments, gambling, pomography or tobacco.
The Investment Managers, report for the year to 31 March 2025 shows a salisfactory perfomiance in the current
econofllic climate.
Al 31 March 2025. total funds We￿ £4.132,556.
INVESTMENT POUCY AND PERFORMANCE
The trust ha5 an Investment poliry and the Investment Managers provide wrrtten reports reviewing investment
performance against the MSCI PIMFA Private Investor Income Index.
RESERVES POLICY
The lolal unrestricted funds carried foTrvard as at 31 March 2025 were £56,742. The Iwstees aim lo relum to the level of
grants made during the preceding financial year, feeling that the curient reserves. together Mth the expendable
endowrnent fund, ore suffiaenl lo meet any unexpected grant application.
PLANS FOR THE FUTURE
The trust plans lo continue making grants in line wilh its objectives.
Page 1

The Hila
Awd Charitable Trust
Re
ort of the Trustees
for the Yoar Endod 31 M•r¢h 2
25
STRUCTURE, GOVERNANCE AND MANAGEMENT
The trust is a registered Ghanty number 1138813 and is constrtuted under a Dedaration of Tmst dated 21 September
2010. The trust was established by Mrs Hilary Fortnam by an inib"31 gift of expendable endowment funds and continued lo
receive regular gift5 of expendable endowTnent from Mrs Fortnam until her death in November 2013. The tru51 was
established by Mrs Fortham in her maiden name in memw of her late lather. The trust has received regular gifts of
expendable endowTnent from Mr Alf Fortnam. hArs Forlnam's s￿￿l￿ng husband.
New trustees are appointed by the Èxisting tntstees by way of a ￿$0IlrtIOft passed al a special meeting as provided for
under the 2010 trust deed. The trust deed provides for a minimum of three tnjstees al any lime, The Iruslees recruit
new trustees hamng regard lo the new trustees, knO¥￿edge. skills and prewous experienc£. There is currently no formal
induction or training for new Iruslees., however. new Iruslees are provided wlh a copy of the trust deed. a copy of the
minutes of the la51 Iruslees. meeb'ng and a copy olthe last yearfs annual report.
All deosions made by the Iruslees are wa a simkle majority as set oul in the trust deed.
The Iru51ees hold meetings on a biannual basis to consider slrale9y, review grant applications and the Irusl's
investments. The day-to-day adminislrabon of grants and the processing and handling of applications is carried out by
the Solialors in conjunction wth the trustees..
Trustees are required lo disdose all relevant intere515 in accordance with Ihe trust's Conllict of Interests Policy and to
wlhdraw frorn any discussions or deasions ￿ere a conflicl of interests arises or could potentially arise.
No Iruslee remuneration is paid.
Rl$k management
The Iruslees have a duty lo identify and ￿VIeW the risks to which the trust is exposed and to ensure appropriate controls
are in pla￿ to provide reasonable assurance againsl fraud and e￿Or. The Iruslees act in accordance with the trust's Risk
Management Policy.
The trustees have considered the main risks to YA)ich the trust 1$ expoyed and consider investment perforniance to
constitute the Iru51'5 major risk.
Investment performance is reviewed against benchmarks twiee a year al eath trustees, meeting. A report from the trust's
Investment Manager5 15 requested for consideration al each meeling.
Fundrdi$ing
The tTUSt does not carry out any fundraisitYJ actiwlies.
REFERENCE AND ADMINISTRATIVE DETAILS
Registored Charity numb8r
1138813
Principal addr955
Northgale House
Northgaie Street
Devize5
Wiltshire
SN10 1JX
Tru$tee5
A J Fortnam
S E Heron
S P Fortna
R L Barton
A L Wensley Stock
Ind•pendent Examiner
James Gare FCA DChA
Monahans
Chartered Accounlanls
Hennes House
Fire Fly Avenue
Swndon
Wiltshire
SN2 2GA
Page 2

The Hila
Awd Charitable Trust
Re
ort of thè Tru5tses
for thg Year Ended 31 Ma h 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Solicitors
Wansbroughs LLP
Northgate House
Northgate Street
Devizes
Willshire
SN10 1JX
Inv9$1mgnt Managers
auiller Cheviol Limited
London Road Office Park
London Road
Salisbury
Wi115hire
SP1 3HP
Bankors
Lloyds Bank plc
38 Market Place
Devizes
Imllshire
SN10 1JD
Approved by order of the board of Iruslees on
and signed on its behalf by..
A L Wensley Stock- Trustee
Page 3

Inde
ndent Examingrfs Re
rt to the Trustsas of
Tho Hil
Awd Charitsble Trust
Indop•ndent examinerf5 rDport to the tntstogs of Tho Hilary Awdry Charitable Trust
I report to the charity trustees on my examination of the accounls of The Hilary Awdry Charitable Trust (the Trust) for the
year ended 31 March 2025.
Responsibilltlos and basis of raport
As the charity trustees of the Tru51 you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 cl￿ Act'l.
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in caryng out
rny examination I have followed all applicable tirections given by Ihe Charty Commission under Section 14515llbl of the
Acl.
Ind&pendent examinor's statomont
I have completed rny examination. I confinn Ihal no material matters have come lo my attention in connedion wth the
examination giwng me cause lo believe that in any material respect..
&C￿U￿ting records were not kept in respeci of the Trusl as required by Section 130 of the Act.. or
the accounts do not a¢¢ord with Ih05e records., or
the accounts do not comply with the applicable requ1￿mentS conc*ming the form and content of accounts set OLrt
in the Charits'es (Account5 and Reporlsl Regulations 2008 other than any requirement that the accoun15 give a
true and fair view whith ig not a malter considered as part of an independenl examination.
I have no concems and have come auoss no olher malters in conneclion wilh the examination lo whic* allenlion should
be drawn in this report in order lo enable a proper understanding of the accounls lo be reached.
James Gare FCA DChA
Monahans
Chartered Accountants
Hermes House
Fire Fly Avenue
S¥Mndon
Willshire
SN2 2GA
Dale..
.11..Q.e.o.e.mb.er..20.25
Page 4

The Hila
Awd Charita
Tn￿t
statement of F•nanclal Activities
for
e Year Ended 31 March 202
2025
Total
funds
2024
Total
runds
Unrestricted
fund
Endowmenl
fund
Notes
INCOME AND ENDOWMENTS FROM
Investment income
110.496
110,496
95,477
EXPENOITURE ON
Raising lunds
28,225
28,225
26,485
Charitabl• a¢tlvltl&y
Charitable Grants
125,523
125,523
63,555
Total
125523
28,225
153,748
90,040
Nel gainslllossesl on investments
131.6581
131,6581
282 793
NET INCOMEIIEXPENDITUREI
115,0271
1159.8831
1174,9101
288,230
RECONCILIATION OF FUNDS
Total funds brought forward
71,769
4,235.697
4,307,466
4,019,236
TOTAL FUNDS CARRIED FORWARD
56,742
4.075,814
4,132 556
4,307,466
The notes fomi part of these finanryal slatemenis
Page 5

The Hila
ritsble Tru
Balance Sh•ot
1 March 2025
2025
Total
funds
2024
Total
fvnds
Unrestricted
fvnd
Endowment
lund
Notes
FIXED ASSETS
Investments
3,974,810
3,974,810
4,133,933
CURRENT ASSETS
Debtors
Cash al bank
10
14,734
51,064
14.734
159,143
11,468
177694
108.079
65,798
108,079
173,877
189,162
CREDITORS
Amounts falling due within one year
19,0561
17,0751
116,1311
115.629
NET CURRENT ASSETS
56.742
101,004
157,746
173,533
TOTAL ASSETS LESS CURRENT LIABIUTIES
56.742
4.075.814
4,132,556
4,307,466
NET ASSETS
4.075,814
4,132,556
4,307,466
FUNDS
Unrestricted funds
Endowment funds
12
56,742
4,075.814
71,769
4.235,697
TOTAL FUNDS
4,132,556
4.307,466
The financial statements were approved by the Board of Trustees and authorised for issue on
.(Yk..l.i.l.l.X).1S.. and were signed on ils behalf by..
A L Wensley Stock- Tnjslee
The notes form part of these finanaal statement5
Page 6

Hila
le Trust
Notes to th• Financial Statsm&nts
for the Year End
31 March 2
GENERAL INFORMATION
The Hilary Awdry CharilalJe Trust Is an unincorporated tharilable Irusl. The registered Offi￿ addres5 can be
found in the Trustees. Report.
ACCOUNTING POLICIES
Basis of pr•parlng tho financial statements
The finan¢ial slalements of Ihe charity. which is a public benefit entty under FRS 102, have been prepared in
accordance with the Charilies SORP {FRS 1021 'Accounting and Reporting by Charities.. Statement of
Recomrnended Practice applicable to tharitie5 preparing their accounts in accordance wlh the Finanaal
Reporting Standard applicable in the UK and Republic of I￿land IFRS 1021 leffeciive 1 January 20191,, Financial
Reporting StanL#ard 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland, and the
Charities Act 2011. The financial statements have been prepared under the historical cost convention, wlh the
exception of investments whith are induded al market value, as modified by the revaluation of certain assets.
The financial slalemenls have been prepared to give a 'true and fair, wew and have departed from the Charitie5
(Accounts and Reports) Regulations 2008 only lo the extent required lo prowde a 'lwe and fair view,. This
departure has involved followng the Accountsng and Reporting by Charities.. Statement of Recomrnended
Practice applicable to charities preparing their accounts in 3￿rdan￿ with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 102) issued on 16 July 2014 rather than the Accounting and
Reporting by Charities.. Statement of Recommended Practice effective from 1 April 2005 which has since been
wlhdrawn.
The financ#al statements are prepared on a going con¢em basi5, under Ihe historical cost convention, modified to
include certain items at fair value. The finanaal statements are prepared in steding whith is the functional
tyj￿encY of the charity and rounded to the nearest pound.
There are no significant areas of judgements or key sourc*s of estimabon uncertainty.
The Iruslees consider that there are no material Un￿rtaInlieS aboui the charity's ability lo continue as a going
concem.
The tharity 15 an unincorporated trust consts'luted by a tru$1 deed.
The charity has taken advantage oflhe followrrtJ disdosure exemption in preparing these finanaal statements, as
permitted by FRS 102 'The Finanaal Repofling Standard ap￿1¢able in Ihe UK and Republic of Ireland,:
the reqU1￿MentS of Section 7 Statement of Cash Flows.
Income
All Income Is recognisell in ihe Statement of Finanual Activities once the charity has entillemenl lo the funds, il is
probable that the Income wll be ￿ceIVed and the amovnl can be measured reliably.
Interest on funds held on deposit is Included when receivable and Ihe amount can be measured reliably by the
charity, this is normally upon nolificaiton of the inteiest paid or payable by the bank.
Dividends are recogni5ed once the dividend has been dedared and notthcation has been re￿iVed of the dividend
due. Thi5 is nomally upon notification by our investment advisor of the dividend yield of the investment portfolio.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal 01 constnjctive obligation committing the
charity to that expenditure. it IS PTobable that a transfer of economic benefits wll be required in settlement and
the amount of the obligation can be measured ￿lIablY. Expenditure is accounted for on an accruals basis and
has been dassified under headings that agg￿gate all cosl related lo the category. ￿ere cos15 cannot be
direcuy attributed lo particular headings they have I￿en allocated to activities on a basis consistent with the use
of Tesources.
Grants payable are payments made lo third parties in the lurtherance of the Charitable objects of the charity. In
the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award.
The notification gives the reLypienl a reasonable expectation that they wtll teceive the grant.
Provision5 for grants are made vthen the inlenb.on lo make a grant has been communicated lo the reopienl but
there is un￿rtainlY as to the lirning of the grant or the amount Df grant payable.
The charity does ntsl make multi-year grants and all grants are unconditsonal.
Page 7
conb"nued...

The Hila
Awd Charitablg Trus
Not8$ to the Financial Stst•mènts - continuod
r Ended 31 March 2025
ACCOUNTING POLICIES- continued
Tajtation
The tharity is exernpl from tax on its charitaNe a¢bvrtie5.
Fund accounting
Unrestricted fijnds can be used in accordance wrth the ch8ri18ble objectives at discreb.on of the trustees.
Restricted funds can only be used for particular restricted purposes wthin the objects of the tharity. Restrictions
arise %then specified by the donor or bthen funds are raised for par￿Cular re51ricled purposes.
Further explanation of Ihe natu￿ and purpose of each lund is induded in the notes lo the financial slalemenls.
Investments
Investments are a fomi of basic finantyal inslrurnent and are inilialty recognised al their transaction value and
subsequenuy measured al their fair value as al the balan￿ sheet dale using Ihe dosing quoted market price.
The slalement of finanryal activilies indudes the nel gains and losses arising on revaluats'on and disposals
throughout the year.
The charity does not awuire put options. derivalives or other complex finanaal instruments.
The main form of financial nsk faced by the charity is that of volatility in equity marf(ets and investment Markets
due lo wider economic Conditi￿5, the attitude of investors to investment risk, and changes in sentiment
conceming equities and wthin pa￿'cular sectors or sub sectors.
Realised gains and lossès
I gains and losses are taken lo the Stslemenl of Financial Acts'wlies as they arise. Realised gains and losses on
investments are calculated as the drfference between sales proceeds and their opening carying value or their
purchase value if acquifed subsequent to the firsl day of the finanaal year.
Unrealised gains and losses are calculate(J as the difference between Ihe fair value at the year enrl and their
carying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial
Actiwlies.
Debtors
Other deblors are recognised al the settlement amount dLte.
Cash at bank and in hand
Cash at bank and cash in hand indudes cash and short lem highty liquid inveslments with a short maturity of
three months or less from the date of aequisthon or opening of the deposrt or similar account.
Creditors and provislons
Credilots and provisions are recognised where the tharity has a present obligation resulting from a past event
thal wll probably re5uII In the transfer of ￿ndS lo a third paty and the amount due to settle the oblig*ion can be
measured or eslimaled reliably. Creditors and pro￿S1onS are nomaly recognised at their settlement amount after
allowng for any trade discoun15 due.
Financial instruments
The charity only ha5 financial assets and ffinanrial liabilities of a kind thal qualify as basic finanual Instruments.
Basic financial insiruments are lnibal￿ recognised al transaclion value and subsequently measured al their
settlement value.
INVESTMENT INCOME
2025
2024
Dividends and interest
110,496
95,477
Page 8
contsnued...

Thè Hila
Awd CTr47ritabl Trust
Notes to thè Financial Stat•mgnts- contlnued
forthg Y￿r En
d 31 March 2
25
RAISING FUNDS
Investment managom8nt costs
2025
2024
Portfolio management
28,225
GRANTS PAYABLE
2025
2024
Charitable Grants
109,250
51.787
Page 9
conts'nued...

The Hila
Awd Charitablg Trust
Notes to tho Financial Stat•m•nts - continued
for the Year Ended 31 March 2025
GRANTS PAYABLE - continued
Grants paid to insbtutions..
2025
2D24
Achier Cancer Support
Action Medical Research
Bowel Cancer UK
Bowel Research UK
The Children'5 Air AmbLlance
Child Autism
Cosgrove Care
Creating Adventure
Dartmouth Crossing
Penny Brohn
Franas House Childrens Hospice
Forget me not Children5 H05pice
Great Weslem Ambulance Charity
St Wilfrid's Hospi
Hospice in Weald
Tirne Out Group
Kingswood Twst
Leukaemia & Myeloma Research UK
Lewis Manning Hospice Care
Litue Lifts
Lucy Air Ambulance for Children
Macmillan Can￿r Support
The National Aulisb'c Society
Nerve Tumors
North London Hospice
Orchid
Oscars Paedialric Brain Tumor
Oxford Childrens Hospital Charity
Pain Relief
Rowcroft
Prostate Cancer UK
Saint Franas Hospice
Saint Michae15 Hospice Harrogate
Sea Shell Trust
Shooting Star Childrens Hospice
South East Cancer Help Centre
Space for Autism
Speaking up SUSO
Sl Gemmas H05PI
Tiny Tims Children Hospice
The Brain Tumor Charity
The Bren Project
The Institute of Cancer Research
The Kirkwood Support Life
The Royal Marsden Cancer Charity
The Urology Foundation
University Hospitals Bimiingham
WMUK
Wesl Somerset Railway
Weston Hospice Care
Wortdwde Cancer Research
Ellenor Hospice
The Mary Stevens Hospice
Helen & Douglas House
Leukaemia UK
Claire House Children's Hospice
Prospect Hospi¢e
Abbys Heroes
Sl Catherine'5 Hospice
Young Lives v Cancer
Lennox Childrens Can￿r Fund
Theodoras Childrens Charity
Proslate Cancer
1000
1000
2000
500
1500
1000
500
500
1500
2000
2000
2000
2000
1000
500
1000
1,600
1000
1000
1249
2000
1000
1000
1500
1000
1000
500
1000
1000
1500
1000
1000
1000
2000
1000
1000
1500
2500
1000
1000
1438
500
1000
1000
1000
1000
1000
500
1000
1000
1000
1000
1000
1000
1000
500
2500
1000
2000
1000
10000
2000
2000
2DOO
1000
1000
8500
10QO
2000
3000
1000
2000
1000
Page10
continued...

Thè Hila
ble TTUSt
Notes to the Financial Statements- continued
Year Ended 31 March 2025
GRANTS PAYABLE - continued
Wiltshire Air Ambulance
Bowel Cancer UK
Tarka Valley Railway
Ovacome
Breast Cantxr Now
Noahs At* Hospice
Tharnes Valley Ar Ambulance
Jessie May Childrens H05pice al Home
Joss Searchlight
Joesephs Smile
Oougie Mac House
Tanal Valley Light Railway
Cancerwise
Cancer Support UK
Teenage Cancer Trust
The Freya Foundation
Nightingale House Hospice
Clatterbridge Cancer Charity
Lia's Wings
Myton Hospice
Katherine House Hospice
Thames Hospice
Bimingham Children's Hospitsl Charity
Isabel Hospice
The Fountain Centre
Rennie Grove Peace
4000
2000
2000
1000
7000
2000
2000
1000
2500
1000
2000
2500
1000
1750
1000
1500
4000
1000
1000
2000
2000
2000
2000
2000
1500
2000
109250
51787
SUPPORT COSTS
Govemance
costs
Management
Totals
Charitable Grants
15,102
1,171
16,273
Support cos15, induded in ihe above, are as follows".
2025
Charitable
Grants
2024
Total
ctivilies
Adfninistralive expense5
Accountancy and independent examination
15.102
1,171
10,276
1.492
16,273
11,768
TRUSTEES. REMUNERATION AND BENEFITS
There were no Iru51ee5' remunerab.on or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustees. expons•s
There were no
31 March 2024.
trustees. expenses paid for the year ended 31 March 2025 nor for the year ended
Page11
conl'nued...

The Hila
Awd Charitable Tru
Notss to thg Financial Statements - continuèd
for the Year Ended 31 March 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACThqTIES
Unrestricted
fund
End0￿ment
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Investment in￿)Me
95,477
95,477
EXPENDITURE ON
Raising funds
26,485
26,485
Charitablo a¢tivlties
Charitable Grants
63,555
63,555
Totsl
63,555
26,485
90,040
Net gains on investments
282,793
282,793
NET INCOME
31,922
256.308
288,230
RECONCILIATION OF FUNDS
Total funds brought forward
39,847
3,979,389
4,019,236
TOTAL FUNDS CARRIED FORWARD
4,235.697
4,307,466
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 1 April 2024
Atjdilions
Disposals
Rea115ed Ilossesllgains
4,133,933
1,033,390
11,060,855)
131,6581
Al 31 March 2025
3,974,810
NET BOOK VALUE
Al 31 March 2025
3,974,810
Al 31 March 2024
4,133,933
There were no investment assets outside the UK_
l investments are carried al their fair value. Investment in equ•￿e5 and fixed interest secJJrilies a￿ all traded in
quoted public markets. All investments have been valued by Quilter Cheviol and are based on the Bid pri￿ as at
the dose of business on the valuation ijate. A55et sales and purchases are recognised at the dale of trade 31
sl Ilhal is their transaction value).
The significance of financial instruments lo the ongoing financial 5UStainability of the charity is considered in the
financial review and Investment policy and perf0mian￿ sections of the Trustees, Annual Report.
The main risk lo the thaiity from finanual instruments lies in the combination of uncertain investment market5
and volatility In yield. The tharity is reliant on dividend yield in part lo finance its work.
Liquidity risk is anticipated lo be low as all assets are traded. The charity's inveslmenls are traded in markets wth
good liquidity and high trading volumes. The tharity ha5 no investment holdings in matkels subject lo exchange
controls or trading restnclions.
Page 12
continued..-

Tho Hila
Awd Ch8rita
Trust
Notss to thg Financial Stat•ments- continuèd
for th Year Ended 31 Mar
25
FIXED ASSET INVESTMENTS - continued
The charity manages these investmelll risks by retaining expert advisors and operating an inveslmenl policy that
provides for a high degree of diversification of holdings V4ithin investment asset dasses that are quoted on
recognised slodr exchanges. The Trust does not make use of derivatives and similar complex finanoal
inslruments as it takes the view that investments are held for their longer term yield total retum and historic
studies of quoted financial.
10.
DEBTORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR
2025
2024
other debtor
Accrued income
91
14.643
91
11,377
11,468
11.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Other creditors
16,131
15,629
MOVEMENT IN FUNDS
Nel
movement
in funds
Al
31.3.25
Al 1.4.24
Unr¢$tricted funds
General fund
71,769
115,0271
56,742
Endowment funds
Endowment
4,235,697
1159,8831
4.075,814
TOTAL FUNDS
4.307.466
174.9101
4,132,556
Net movement in funds, induded in the above are as follows..
Incoming
resoUr￿S
Re50ureEs
expended
Gains and
losses
Movement
In lunds
Unrèstricted funds
General fund
110.496
(125.5231
115,0271
Endowment funds
Endowment
128,2251
1131,6581
1159.8831
TOTAL FUNDS
110,496
153.7481
131,6581
174,9101
Page 13
continued...

The Hila
Charitable Tru
Note5 to the Financial Statsments- continued
f rthe Year Ended 31 March 2025
12.
MOVEMENT IN FUNDS - continued
Comparative$ for movement in fund5
Net
movement
in funds
Al 1.4.23
31.3.24
Unr•strictsd funds
General fund
39,847
31,922
71.769
Endowmgnt lunds
Endowment
3,979,389
256,308
4.235.697
TOTAL FUNDS
4,019,236
288 230
4,307,466
Comparative nel movement in fijnds. induded in the above are as follows..
Incoming
resources
Resources
expended
Gains and
105ses
Movement
in funds
Unrestricted funds
General fund
95,477
163.5551
31,922
Endowmont funds
Endowment
126,4851
282,793
256.308
TOTAL FUNDS
95,477
90,0401
282 793
288,230
RELATED PARTY DISCLOSURES
During the year the ¢harity in¢u(red fees of £15,102 12024 - £14,802) from Wansbroughs LLP in respect of
admini51ralive seNces prOV￿ed to the tharily. Al the balan￿ sheel dale £7,50012024.' £7,200) was payable and
is induded in other L¥edilor5. Anna Wensley Slock is a trustee of the charty and a partner al Vvansbroughs
LLP
There We￿ no other related party transactions during the year nor the prior year.
Page 14