Charity number: 1154817
HASLERS, FOUNDATION
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

HASLERS. FOUNDATION
CONTENTS
Page
Reference and Administrative Details of the Charity, its Trustees and Advisers
Trustees. Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
10
Notes to the Financial Statements

HASLERS. FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE PERIOD ENDED 31 MARCH 2024
Trustees
J O'shea, Chair
M Shah
P Thain (appointed 13 June 2022)
Charity registered
number
1154817
Principal office
Haslers
Old Station Road
Loughton
Essex
IG10 4PL
Independent Examiner
LES&Co
24 Tudor Close
Woodford Green
Essex
IG8 OLF
Page 1

HASLERS. FOUNDATION
TRUSTEES. REPORT
FOR THE PERIOD ENDED 31 MARCH 2024
The Trustees present their annual report together with the financial statements of the Haslers, Foundation for the
period ended 31 March 2024.
Objectives and activities
a. Policies and objectives
The objectives of the Charity are..
To prevent or relieve poverty and financial hardship in the Charity's operational area" by providing grants.
items and seNices to individuals in need andlor charities, or other organisations working to prevent or relieve
povety.,
To relieve sickness and preseNe health among people residing permanently or temporarily in the Charity's
operational area";
To advance in life and help young people through..
The provision of recreational and leisure time activities provided in the interest of social welfare, designed
to improve their conditions of life.,
Providing support and activities which develop their skills, capacities and capabilities to enable them to
participate in society as mature and responsible individuals.,
Advancing education
Such other charitable purposes which may be charitable according to the law of England and Wales.
"Operational area defined as London, Essex, Hertfordshire and Middlesex.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit.- running a
charity IPB2)'.
b. Strategies for achieving objectives
We review our activities regularly to measure how we have used our resources and the outcomes we have
achieved.
Page 2

HASLERS. FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2024
Objectives and activities Icontinued
c. Activities undertaken to achieve objectives
All our charitable activities focus on making grants to disadvantaged individuals and groups that meet our
criteria. These grants involve improving the lives of such people, whether its by relieving poverty, financial
hardship, sickness, preseNing health and advancing the life in helping young people.
Fundraising activitieslincome generation
Many fundraising and sponsored events were held during the year by The Charity- Aditionally, individuals will
raise funds through sponsorship at events.
The Charity is also associated with Haslers, a Firm of Chartered Accountants and Business Advisers. Funds are
raised by partners and staff of Haslers.
Grants made
During the period we continued to grant funds and resources to individuals and groups that met our criteria.
Most of these applied to The Charity for support, however, on rare occasions, The Charity approached certain
individuals and groups as publicity or word of mouth spread and we felt the cases met our criteria and that we
could make a difference.
In addition to the grants made, the partners of Haslers have agreed that each staff member can have an extra
day of leave to volunteer.
Promoting our service
We advertise in local press for people to either support The Charity or apply for grants. The Charity is also
recognised in the area and people are regularly spreading the availability of funds by word of mouth.
d. Volunteers
The trustees and members of the committee are all unpaid volunteers. The majority of their work is to consider
applications for grants within each of the sub-committees.
Other duties include fundraising and raising awareness of The Charity.
Achievements and performance
a. Review of activities
During this period, the income generated and grants distributed were as expected.
b. Investment policy and performance
The funds shown in the accounts are held in a current account.
Financial review
Page 3

HASLERS, FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2024
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial statements. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.
b. Principal funding
Our principal sources of funding are..
Corporate donations, including the significant sums donated by the partners and staff of Haslers.
Individual donations and personal fundraising-
Fundraising events, such as the annual Quiz,. and
Sponsorship for general fundraising activities.
Structure, governance and management
a. Constitution
Haslers, Foundation is a registered charity, number 1154817.
The work of The Charity began in 2008 before it became a registered charity on 1 December 2013. The Charity
was established under a constitution which established the objects and powers of the charity-
b. Methods of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the
terms of the Trust deed.
During the year and as at the year end there were three trustees.
The current members have between them knowledge and ski115 in.. management, fundraising, statistics, charity
law and practice, taxation, accountancy and human resources.
c. Policies adopted for the induction and tralning of Trustees
The trustees are familiar with the practical work of the charity. New trustees will receive a copy of the Trust
Deed, a copy of the Charity's latest report and statement of accounts, the Charity Commission publications
outlining their obligations and a copy of the policies and procedures.
New trustees will also have access to the Charity's historical correspondence and procedures.
d. Trustees, indemnities
The Charity does not currently have any indemnity insurance as the Trustees feel this is not required due to the
lack of risk of its day-to-day business.
Page 4

HASLERS, FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2024
Structure, governance and management (continued)
e. Organisational structure and decision making
The Charity has a Committee of 10 members who meet on a monthly basis and are responsible for the strategic
direction and policy of the charity. Two of these members are also trustees.
The members are split into three equal sub-committees to focus on one of the three focus areas of the Charity,
specifically..
Education and recreation
Poverty and financial hardship
Sickness and ill-health
The final member of the committee is the chairperson of meetings.
f. Risk management
Systems and procedures have been established to minimise the risks the charity faces. All requests for funding
must follow a strict procedure to be considered by the relevant sub-committee and ultimately, the committee.
Plans for future periods
We plan to continue granting funds and resources to as many requests as possible that meet our criteria. We
will aim to continue to make a bigger impact on the smaller cases that need our help.
We have no plans to recruit any more trustees or committee members as we feel there is a correct balance at
present.
We plan to continue to promote the work of The Charity in our current operational areas. We will do this by
providing information and holding events in the local and surrounding areas
We also aim to increase the number of requests that we receive each month by engaging with key targets
{elderly, ill and young people).
Page 5

HASLERS. FOUNDATION
TRUSTEES. REPORT (CONTINUED
FOR THE PERIOD ENDED 31 MARCH 2024
Statement of Trustees, responsibilities
The Trustees are responsible for preparing the Trustees, Report and the financial ststements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources
and application of resources, including its income and expenditure, for that period. In preparing these financial
statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 102).,
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accountirig Standards (FRS 102) have been followed, subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charity will continue in business.
The Trustees 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 Charity
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. 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.
Approved
by
order
of
the
members
the
board
of
and signed on their behalf by..
Trustees
on
Shea
(Chair of Trustees)
Page 6

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examiner's Report
Report to the trusteesl
members of
HH£L-d4
On accounts for the¥BaF
ended
a)JLk
Charity no
(if any)
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity ("the Trust") for the par ended a l Gl
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation
basis of report of the accounts in accordance with the requirements of the Charities Act
2011 ("the Act").
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination. I
have followed the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have
come to my attention (
') in connection with
the examination which gives me cause to believe that in, any material
respect:
accounting records were not kept in accordance with section 130 of
the Act or
the accounts do not accord with the accounting records
Independent
examiner's statement
I have no concems and have come across no other matters in connection
with the examination to which attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
Please delete the words in the brackets if they do not apply.
Signed:
Date:
ajaf
Name:
Relevant professional
qualification(s) or body
(if any):
QA £LJ
Address:
OL
IER
October 2018

Section B
Disclosure
Only complete if the examiner needs to highlight matters of concern (see CC32,
Independent examination of charity accounts: directions and guidance for
examiners).
Give here brief details of
any items that the
examiner wishes to
disclose.
IER
October 2018

HASLERS. FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31 MARCH 2024
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2022
Note
Income from:
Donations and legacies
Fundraising activities
Investments
24,586
17,652
24,586
17,652
25, 052
8,996
Total income
42,245
42,245
34,048
Expenditure on:
Raising funds
Charitable activities
3,850
31,383
3,850
31,383
1,997
14,359
Total expenditure
35,233
35,233
16,356
Net movement in funds
7.012
7.012
17,692
Reconciliation of funds:
Total funds brought forward
Net movement in funds
44,613
7,012
44.613
7,012
26,921
17,692
Totsl funds carried fonvard
51,625
51,625
44,613
The Statement of Financial Activities includes all gains and losses recognised in the period.
The notes on pages 11 to 19 form part of these financial statements.
Page 9

HASLERS. FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 2024
31
December
2022
31 March
2024
Note
Fixed assets
Current assets
Debtors
10
5,083
46,543
5, 795
38,818
Cash at bank and in hand
51,626
44,613
Net current assets
51,626
44,613
Total assets less current liabilities
51,626
44,613
Net assets excluding pension asset
51,626
44,613
Total net assets
51,626
44,613
Charity funds
Restricted funds
12
12
Unrestricted funds
51,626
44,613
Total funds
51.626
44,613
The financial statements were approved and
authorised for issue by the Trustees on
and signed on their behalf by..
J O'shea
Chair of Trustees)
The notes on pages 11 to 19 form part of these financial statements.
Page 10

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
General information
Haslers, Foundation is a charitable organisation, registered in England and Wales, with a charity number
of 1154817. The registered address is Haslers, Old Station Road, Loughton, Essex, IG10 4PL.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP {FRS 102)
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fairf view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fair, view. This departure has involved following the Charities SORP IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
Haslers, Foundation meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounting policy.
2.2 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its
charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
Page11

HASLERS, FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
Accounting policies (continued)
2.4 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Charity., this is normally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
2.5 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
2.8 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
2.9 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Investment income, gains and losses are allocated to the appropriate fund.
Income from donations and legacies
Unrestricted
funds
2024
Totsl
funds
2024
Page 12

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
Income from donations and legacies (continued)
Unrestricted
funds
2024
Total
funds
2024
Donations
25,297
(711)
25,297
(711)
Similar incoming resources
24,586
24,586
Unrestricted
funds
2022
Total
funds
2022
Donations
25, 052
25, 052
Income from other trading activities
Income from fundraising events
Unrestricted
funds
2024
Total
funds
2024
Events and marketing
17,652
17.652
Unrestricted
funds
2022
Total
funds
2022
Events and marketing
8,996
8,996
Page 13

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
Investment income
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2022
Investment income - local bank interest
Expenditure on raising funds
Costs of raising voluntary income
Unrestricted
funds
2024
Total
funds
2024
Events and marketing
3,850
3,850
Unrestricted
funds
2022
Total
funds
2022
Events and marketing
1,997
1,997
Page 14

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2024
Total
2024
Direct costs - Sickness
Direct costs - Poverty
Direct costs - Education
23,418
5,506
2,459
23,418
5,506
2,459
31,383
31,383
Unrestricted
funds
2022
Total
2022
Direct costs - Sickness
Direct costs - Poverty
Direct costs - Education
5, 750
4, 824
3, 785
5, 750
4, 824
3, 785
14,359
14,359
Analysis of expenditure by activities
Activities
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Direct costs - Sickness
Direct costs - Poverty
Direct costs - Education
23,168
5,506
2,459
250
23,418
5,506
2,459
31,133
250
31,383
Page 15

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
Analysis of expenditure by activities {continued
Activities
undertaken
directly
2022
Total
funds
2022
Direct costs - Sickness
5, 750
4, 824
3, 785
5, 750
4,824
3, 785
Direct costs - Poverty
Direct costs - Education
14,359
14,359
Analysis of direct costs
Total
funds
2024
Sickness
2024
Poverty Education
2024
2024
Donations
23,167
5,506
2,459
31,132
Total
funds
2022
SiGkness
2022
Poverty
2022
Education
2022
Donations
5, 750
4, 824
3, 785
14,359
Trustses, remuneration and expenses
During the period, no Trustees received any remuneration or other benefits (2022- £NIL).
During the period ended 31 March 2024, no Trustee expenses have been incurred (2022- £NIL).
Page 16

HASLERS, FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
10. Debtors
31
December
2022
31 March
2024
Due within one year
Other debtors
5,083
5, 795
5,083
5, 795
11.
Financial instruments
31
December
2022
31 March
2024
Financial assets
Financial assets measured at fair value through income and expenditure
46,543
38,818
Financial assets measured at fair value through income and expenditure comprise cash at bank.
Page 17

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
12. Statement of funds
Statement of funds - current period
Balance at 1
January
2023
Balance at
31 March
2024
Income Expenditure
Unrestricted funds
General Funds - all funds
44,613
42,245
135.232)
51,626
statement of funds - prior period
Balance at
31
December
2022
Balance al
1 January
2022
Income Expenditure
Unrestricted funds
General Funds - all funds
26,921
34, 048
(16, 356)
44,613
13. Summary of funds
Summary of funds - current period
Balance at 1
January
2023
Balance at
31 March
2024
Income Expenditure
General funds
44,613
42,245
(35,232)
51,626
Summary of funds - prior period
Balance al
31
December
2022
Balance al
l January
2022
Income Expenditure
General funds
26,921
34,048
(16,356)
44,613
Page18

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
14. Analysis of net assets between funds
Analysis of net assets between funds - current period
Restricted
funds - Unrestricted
class li
funds
31 March
31 March
2024
2024
Totsl
funds
31 March
2024
Current assets
51,625
51,625
Total
51,625
51,625
Analysis of net assets between funds - prior period
UnrestriGfed
funds
31
December
2022
Total
funds
31
De￿rnber
2022
Current assets
44,613
44,613
Total
44,613
44,613
Page 19