Charity number: 1154817
HASLERS. FOUNDATION
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

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
Notes to the Financial Statements

HASLERS. FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
J O'shea, Chair
M Shah (resigned 17 June 2025)
P Thain
M Parsey (appointed 17 June 2025)
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 YEAR ENDED 31 MARCH 2025
The Trustees present their annual report together with the financial statements of the Haslers, Foundation for the
period ended 31 March 2025.
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 services to individuals ir¢ need andlor charities, or other organisations working to prevent or relieve
poverty;
To relieve sickness and preserve 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 charitsble 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 {PB2)'.
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 YEAR ENDED 31 MARCH 2025
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, preserving 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.
Page 3

HASLERS. FOUNDATION
TRUSTEES. REPORT {CONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Financial review
. 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 member5 have between them knowledge and skills in.. management, fundraising, statistics, charity
law and practice, taxation, accountancy and human resources.
c. Policies adopted for the induction and training of Trustees
The trustees are familiar with the practical work of the charity. New trustees will re￿1ve 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 pro￿dure5.
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 YEAR ENDED 31 MARCH 2025
Structure, governance and management (continued)
e. Organisational structure and decision making
The Charity has a Committee of 6 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 focLJS 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 YEAR ENDED 31 MARCH 2025
Statement of Trustees. responsibilities
The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
practi￿).
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 (FRS 102)-
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting 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 of the board of Trustees on 20 January 2026 and signed on their behalf by..
ea
hair 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 tho trustees
HA Fc7UfvJkhThofvJ
On accounts for the year
ended
31 hARcH zo zr
Charity no
(if any)
Ii&LE&Ii
Set out on pages
210 1
I report to the trustees on my examination of the accounts of the above
charty ('the Trust.) for the year ended .
Responsibllities and
basis of report
As the charitys trustees, you are responsible for the preparation of the
acwunts in accordance with the requirements of the Charities Act 2011
("the Act").
S report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carying out my examination. I
have followed all the applicable Directions given by the Charity Commission
under section 145(5Xb) of the Act.
Independent tThe chariws gross income exceeded £250.000 and l am qualified to
examinees statement undertake the examination by being a qualrfied member of linsert name of
applicable listed body]]. De18ta [ ] if not applicable.
I have completed my 6xaminatian. I confirm that no material matters have
come to my attention in connection with the examination (olher than that
disdosed below") which gives me cause to believe that in, any material
respect:
the accounting records were not kept in accordan￿ with section 130
of the Charities Act. or
the accounts did not accord with the accounting records. or
the accounts did not comply with the applicable requirements
conceming the fomi and content of accounls set out in the Charities
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair, view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection
with the examination to which attention should be drawn in this report in
order to enable a proper understanding of the accounts to be reached.
. Please delete the words in the brackets rf they do not apply.
Signed:
Date:
adi
Name:
Lh L £+k4FI
Relevant professional
qualifiGatlon(s) or body
IER
Oct 2018

(If any):
Address:
a4- LLOS
&£££x OLF
Section B
Disclosure
Only complete wf the examiner needs to highlight material matters of concem
(see CC32, Independent examination of charity accounts: directions and
guidance for examiners).
Give here brlef details of
any items that the
examiner wishes to
disclose.
NJone
IER
Oct 2018

HASLERS, FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted
funds
2025
Total
funds
2025
Total
funds
2024
Note
Income from:
Donations and legacies
Fundraising activities
Investments
20,158
16,949
725
20,158
16,949
725
24,586
17,652
Total income
37,832
37.832
42,245
Expenditure on:
Raising funds
Charitable activities
15,310
36,164
15,310
36,164
3,849
31,383
Total expenditure
51,474
51,474
35, 232
Net movement in funds
113,642)
(13,642
7,013
Reconciliation of funds:
Total funds brought forward
Net movement in funds
51,626
113,642)
51,626
(13,642
44,613
7,013
Total funds carried forward
37,984
37,984
51,626
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 11 to 19 form part of these financial statements.
Page 9

HASLERS. FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note
Fixed assets
Current assets
Debtors
Cash at bank and in hand
10
5, 083
46,543
37,984
37,984
51,626
Net current assets
37,984
51,626
Total assets less current liabilities
37,984
51,626
Net assets excluding pension asset
37,984
51,626
Totsl net assets
37,984
51,626
Charity funds
Restricted funds
Unrestricted funds
12
12
37,984
51,626
Total funds
37,984
51,626
The financial statements were approved and authorised for issue by the Trustees on 20 January 2026 and
signed on their behalf by=
Shea
hair of Trustees)
The notes on pages 11 to 19 form part of these financial statements.
Page10

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
General inforniation
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 BasFS 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 2019), 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 fair, 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 102) 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 othe￿iSe 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.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, 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 befween 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 YEAR ENDED 31 MARCH 2025
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.
Page 12

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and legacies
Unrestricted
funds
2025
Total
funds
2025
Donations
20,158
20,158
Unrestricted
funds
2024
Total
funds
2024
Donations
Similar incoming resources
25,297
(711)
25,297
(711)
24,586
24, 586
Income from other trading activities
Income from fundraising events
Unrestricted
funds
2025
Total
funds
2025
Events and marketing
16,949
16,949
Unrestricted
funds
2024
Total
funds
2024
Events and marketing
17,652
1T,652
Page 13

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Investment income
Unrestricted
funds
2025
Total
funds
2025
Investment income - local bank interest
725
725
Unrestricted
funds
2024
Total
funds
2024
Investment income - local cash
Expenditure on raising funds
Costs of raising voluntary income
Unrestricted
funds
2025
Total
funds
2025
Events and marketing
15,310
15,310
Unrestricted
funds
2024
Total
funds
2024
Events and marketing
3,849
3,849
Page 14

HASLERS, FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure on charitable activities
Summary by fund type
Unrestricted
funds
2025
Total
2025
Direct costs - Sickness
Direct costs - Poverty
Direct costs - Education
21,575
11,117
3,472
21,575
11,117
3,472
36,164
36,164
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
Analysis of expenditure by activities
Activities
undertaken
directly
2025
Support
costs
2025
Total
funds
2025
Direct costs - Sickness
Direct costs - Poverty
Direct costs - Education
21,325
11,117
3,472
250
21,575
11,117
3,472
35,914
250
36,164
Page15

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure by activities (continued)
Activities
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Direct costs - Sickness
23,168
5, 506
2,459
250
23,418
5, 506
2,459
Direct costs - Poverty
Direct costs - Education
31,133
250
31,383
Analysis of direct costs
Total
funds
2025
Sickness
2025
Poverty Education
2025
2025
Donations
21,325
11,117
3,472
35,914
Total
funds
2024
Sickness
2024
Poverty
2024
Education
2024
Donations
23,167
5, 506
2.459
31,132
Trustees. remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).
During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL).
Page 16

HASLERS. FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10. Debtors
2025
2024
Due within one year
Other debtors
5, 083
5, 083
11. Financial instruments
2025
2024
Financial assets
Financial assets measured at fair value through income and expenditure
37,984
46,543
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 YEAR ENDED 31 MARCH 2025
12. Statement of funds
Statement of funds - current year
Balance at
31 March
2025
Balance at 1
April 2024
Income Expenditure
Unrestricted funds
General Funds - all funds
51,626
37.833
(51,475)
37,984
Statement of funds - prior year
Balance at
l January
2023
Balance al
31 March
2024
Income Expenditure
Unrestricted funds
General Funds- all funds
44,613
42,245
(35, 232)
51,626
13. Summary of funds
Summary of funds - current year
Balance at
31 March
2025
Balance at 1
April 2024
Income Expenditure
General funds
51,626
37,833
(51,475
37,984
Summary of funds - prior year
Balan￿ al
l January
2023
Balance al
31 March
2024
Income Expenditure
General funds
44,613
42,245
(35,232)
51,626
Page 18

HASLERS, FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
14. Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted
funds
2025
Totsl
funds
2025
Current assets
37,984
37,984
Total
37,984
37,984
Analysis of net assets between funds - prior year
Restricted
funds - class Unrestricted
funds
2024
Total
funds
2024
2024
Current assets
51,625
51,625
Totsl
51,625
51,625
Page19