Company registsation nuffthr D934779D IEngland and Wales) SJC Chartered Accountants MRS D M FRANCE-HAYHURST FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024 MRS D M FRANCE-HAYHURST FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trust•&s Mr CG Henretty Mr PR Posnett Ms PA San(k Mrs J SIEarer Mr AM Wright Mr JG Sitnp% {Appointed 16 ￿nUary 20241 Charity iiumber 11￿394 company numb¢r 093477￿) Rogistèrèd offic• GIO Chatles Russell SpeecNys LLP Compass House LykNatt Road Chemenhan Gk)ucestershir8 GLSO 2QJ Auditor UHY Hackw YourvJ St John's Chambe Love Str8et Che*er Cheshire CH1 1aN Bankers HaThJe15banken 1st Floor. I￿a¥s•de WdderspLK)l ￿sitES$ Park Siockion Heath Wattinglon WA4 6HL Solicitors Ch¥les Russell SpeechW LLP CIO Chatles Russell SpeecNys LLP Compass House Lypialt Road Cheltenharn G￿)u￿ter$h￿ GL50 2QJ Invèstmènl advisars Investec PLC 2 ¢knsh8m Street London EC2 7QR Prt*perty mana9ers Fisher Gern￿n LLP International House King5field Court c￿Ster Business Pwk c￿S18r CH4 9RE MRS D M FRANCE-HAYHURST FOUNDATION CONTENTS Pag• Tru5tees' tep(Kt Stat8mèTrt of trust88¥ 1espon5itxlii￿S IndÈpeThlÈnl auditorfs rer Stat8m8Trt L4finan(ial aCtivit￿S 10 Summary Incow* expe￿Illu￿ ￿uTht Baance Sheet Statement of Cash 11 12 Notes to Ihe finar￿jaI statements 13-24 MRS D M FRANCE-HAYHURST FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 30 MARCH 2024 The Irustee5 present Iheir annual tekW)ri arwj 5tsternents the yearended 30 Martth 2024. The financiel st8¢emerts h8ve been prepared in accorden￿ ￿7th the 8ccA)unbng poli¢ie$ Set out in note 1 to the Finenoi81 8lal8mentS 8nd Comply with thè ch8rity's goverThng dttumenl. IhÈ CompaniesAct 2tK)6 and "Accoull￿ng and Reroitiro by Charitses.. Statement of RecomÈnded Pracb"ce applr2ble to charl￿"ÈS prepar￿9 th￿r attounts *) aecixdance with Ihe Fnanual Reporbng Stsndard applc4)le in the UK aThJ ReputAic of *etsnd IFRS 1021" (effective 1 January 20191. Objectives and acli¥rties The objects of the Ch8rity are to SLJPFM)rt such charilabl? ￿￿K)se5 to rnak8 donation5 to such charrtable institutK>ns at such tim8 and in such mann8r as Ihe TrusteEs shall th￿k rrt. The Truslees confirtn Ihat Ihey have paid due r8gard to Ihe Charty Commi5son's guidance on puNic benefrt in deading what aclmties Ihe Charity 5hwld undertake in furttrErarFTr of the obJ8Cts of lh8 Chartty. The Charity has carried out its obj'ect5 duriry the yearfo. Ihe pthl1cb￿ffiI by making graTts to a numtrEr of registered charits'es. In th8 light ofthe impact of the cost of livi￿ crisi5 and conseqv8nbal falls in public (*Jnaticfis p*bcularfy on srnaller charib'es, 1he Trustees have ￿￿￿nued during the (x)U5eof this ffinanci41 yearto make a nurrt)er of wants to sU￿rt ongoins charitable actNities as w811 as Maki￿ grants f(x pr(¥8Ct costs and ratmtal expe￿Il￿Are. The Trusiees have been forAJSiThJ on makin9 granls to chaiities Cor￿￿￿ wilh aninal ￿fare and d)arities thal ￿1p peoplo in need or that fvrther educati￿81 projecis through interact*￿ wrth animals. Tre Trusteesconsider tris to be aptKopriate, t*iTrJ into a¢coun¢ Ihe letter of wishes left by Mrs Fra￿e-HaYr￿rsI wilh her Wll. Grant making Kolicy The Charity5 website 35sists in explainiry to w)lential grant appIl￿ts the otiects of the Charity 3nd the 9fdnt-makin9 process. The application forrn can be accessed from the ch￿￿5 websrte. The Trustees have established a grant-making [￿lleY forthe Cha￿, whith is avalab1e on Ihe Charity's website. This policy indicates Ihat the Charity wll suprort charities thal lal are registered the Charty ConThission for England and Wales. the orri¢e of the scotb.sh tharity Regulatorix the Charily CommissK)n br Norihem I￿lan¢y (* Ibl are ex￿p1 ￿ excepled charities Iwihin the meaning ol the Charities Act 20111. The pdicy bid￿lÈ8 Jhat the Chanty wll make grants primarity to pport project costs and caprtal expermyiture. The pdicyexplains that the C￿rity generalw congders the rna￿n9 ol grants of up 10 £5.000. bul in sowe or¢umstartes larg* grants may be aVaIla￿e_ As exyained above. the Trnstees have adjusted their grant-making FN)Iicy tempor3nty In the Iistht of Ihe Impact ot financial preswres on ch¥rfies. One of the grant ￿￿￿TtionS that applies to every grant rnade is Ihat a ￿port ￿ the applcation of the grant tnusl be sent to the Charity within Ihree mcnlhs of c(wnpletitsn of b project. unless an allemèiive timescale lor Ihis has been ￿J￿ed with Ihe Twstses of iho Charity This enatits the Trust86s to Mcffiit￿ th8 apph"cal￿ of grants givèn by thè Charity. MRS D M FRANCE-HAYHURST FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED} FOR THE YEAR ENDED 30 MARCH 2024 Achievoments and perforniance sign1ficant8ctiwt￿s andachieven7enls aGFinst obJeclwes The Trusiw ma(Je 9rents of £117,000 the year to supp(xl a nurnber of projects to be undertaken by other ch8ritie3. Detals a￿ set out in note 26 to Ihe a¢¢ounts. The tharites supported ranged from smJl local animal sanauaries to larg9 national animal welfare tharibÈs. as well as ch￿l12S using interaethon with annals to helF example. grants were made.. To David Shepherd WiK1k"fe Rescue Ic* ils educaih)nal rxogramme. al￿6 lo help young peO￿e wdersland the nf wildlifp mnv.rvatN)n 8nrt ￿dIV￿1￿ To Fl)rse Rangers Assocotitsn (Hanyon Coutl Limited for Ihe supporbng famrfies programm£L which s¥v•s young people acce￿ to physcal acbyty a5 well a5 h￿se thErapy to itwyrove lh￿[ mental wdl-being. To SuN¢Yk Htyse So¢ety for a project to preserve and prom)te the efftda)ge￿d Suffolk Punch t￿eed ol heavy horse To Ihe Bmoke lo gjpport Ihe work of the BroDke in helpmg ¢J)nkeys wotking in the brick klns WFdLkstry in Pakistan aThJ slrengthening anirnal health 5y51etns. To Pbrse Sense Wirral lo hdp ￿ chty ￿￿et Ihe costs of knkng after Ihe h(x5es in tr%ir cAre. Grants are Carefully monittyed. update reports provKJed by chwtbes lo whi* gTrnts were made being consxyered al their meetinqs. Jennifèr Shearer has ¢cnb"nued to Jay a role in liaisinq qrant applitants arKI undertakiro an nitial assessment of appli¢abons. Penny Sanders ￿SearcheS wssiL4e grant recipienrs and projects. Viyts were made tts a Dutnber ol lo which ￿ants have bE8n rnade. in ?artKukr by Penny SarKl8rs. who then report8d back to the Board. Investment￿￿<%?1￿r￿e The Charity's investm￿¢ rM)rtfolK) contin￿$ lo be managed by Investe¢. The t*n¢hmark used in consid&ing the perfomiance of the wjrtfolio is a bespoke benchmark refi￿*"ng the strategic asset althaiiDn ot the sx)rtfolio. In the t2s& c>f the investments Manag￿ by Investea the total relum on the portbho ￿t of fees during the yea. was-7.51 %. ThE Can be cornpared with the benchrrork. in syhith case the total relum for the sawne period wa$-9_26%. Afler revEwing the portfolio in detail wilh Invèslec. *icluding the nvesurÉrt managerfs attendan¢* at Trustees. meet.ngs to ￿ls￿sS the poritolio ancj answer Twstees, questlons via video Conferencing. the TrttsteesWe￿ satisfed with me wrtfolio overal and prospects ror future relums taking account c*¢urrent ￿0￿£¥Th¢ coThJitwJr As règards lh• invastn*nt properlies on thè Btsstock Esiata. a programme of maintenancg work ts in place. Thg Trusloès have continued to (￿sIder pos5iLle way5 in which to use the ￿ve51[￿ent woperty io increase the finanoal returns lo the Charty in both Ihe shi)rt and term. Financial review Gross i￿O￿e for the year amounted to £411,72312023". £404.1821. 81 of which is derNed frorn the Charity's portfolio of invesirnent propgrb8s and h'sted in¥8Stsll8niS. Total 8xpetKlrture ar￿u￿L￿d to £431,84312023.. £369.9811 resutting in a d8fits1 of £20,12012023'. surplus of £34,201). After t*ing account of net gait￿ of £895,01412023.. loss of £66.8591 ariyng on revaluats'on and disposal of inveslment assets, Ihere was a net inuease in funds for the year of £874,894 12023.. cjecrease of £32.6581. The Trustees intend lo keep $uffic*nt liquid funds in reser¥e lo enable Ihe Charity to reSp￿d quickly lo any appI￿ationS for grants that they ccnsider it to be approwiate to supp(xt. as well as ro meet o￿ling expenses ￿nnected w*h the adminislration of Ihe Charity. Totsl ￿serveS as at 30 March 2024 arnounted to £22.699,891 12023.. £21.824,9971. The charity's free reserves li.e. exdudiig fixed assel investnpn¢sl 8nY)unied lo £1.352.73412023'. £334.3341. MRS D M FRANCE-HAYHURST FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED} FOR THE YEAR ENDED 30 MARCH 2024 Inveslmentwhcy The Trustees, overarching intenlKn is 10 reted'n the in¥esthenl assets (such as protertyl intsctwithin the Charrty. to generele incom8. to 6nabl• furthgr grants tc lje made in lurth8rw¢e of ihe Charrtab￿ objects of the Charity. Howev&r. the Tru8t8&s will (on9der¢a￿fU1IY any opportunityttg that emerge io sell a Part￿Ular property or piece of lancl to gererate substantial captal eipts to be rtrinvested OT applied w the rDaking of grants. The TnJstees' investment FM)li¢y ststemenl regw¢*"ng investrnents m￿agaY by Invest* ndicares that the overall objectives are to fftate suffi¢Jenl irKorne ard c*txtal gTtrMh to enawe the cP￿rity10 ¢aryoLrt its charrtable purpgses consistenly year by year with dUear￿ proper consKleraSon for future needs. The TnJ5tee5 reSe￿e the right lo exclude cornpanies or fund5 th8t C￿ out activili8s centrary to Ih8ir aitns orfrom hok1¥￿ particLlar investrn8nts that would eatna98 the Charivs r8PUtaticffl. The Trustees, policy statetnent ￿ relalion to the investment pro￿rt18S held on1h8 B05tock Estate indicat8S that it is th8 poh'cy of the Trustees so far a5 f*)ssitAe ja) to presuve and enhan¢* Ihe ￿pital vdue of the properties Ibl to ma)imise income. tskng into acrnunt Ihe pd￿Y a&0 of prÈserving and enhancing Ihe capital value of the properties. It also inthcales that il is the pdicy of ts Trustees in futherance of the tharitatle (*4'ects of Ihe Charity to Cons￿￿¥ in appropriate are￿)stan￿5 rn8￿ng land andior builrlirvJs on the Estajè 2vaiJabie to a tharity or tharities ftt acti¥it*s ￿8t fut1h8r the charitable purrx)ses of suth charity or charities. Plans for fvture periods The charitable acb'vth'es of the Charity ￿111 COnt￿Ue to be the makirwj of grants k) (Aher charities, Ihe fo￿5 beirvJ on charities Con￿rned animal welTrJre as well as ctsrities that help people In need or that furttrtr edUCat￿)nal pro1￿t$ through Interaction wth animals. The Truslees bwll k8ep under rev￿ whet1￿r tha1￿8s are ne8d8d to ￿ grant-M8￿.n9 w)licy to take accourrt of any economic coThlitK)ns aff￿knng (*aiitss. Stru¢tur*, go¥eman¢¢ and mana9ement Mrs D M France-Hayhursl Ch￿lable Trust11h8'Trusfi was e51ablish8d by the Will of Dinah Mary France-Hayhurst dated 17 ne 2003 and proved on 30 April 2(KJ4. Duriry Ihe Yeare￿ed 31 Marth 2015. the Trustees of Ihe Tiust decided that it vK)uld be in t￿1 b85t int8resiS of Trustloi the Trusl to be incw)oia18d by way of a transfer of assets and liabilities of the Trust to a new Gharilable rxjmpany established for this pwpose. The transfer to the c￿￿ty frorn the Trustwas cornpleted on 1 April 2015. The Charity is govemed by AricJÈs of As$(￿la￿on. UTh1er the hbcles of Associgbon r*w Trusiees are appointed by resolubon of the Trustees. The Arides of knociation provide tha[t￿re shall be a minimum of Ihree Trustees. The Irustew. who are also Ihe direct￿$ for purpose ol o)mpany law. arK1 who served duri￿ Ihe year and up to the date of signalure of If* financial slatements were- Mr CG Henretty Mi PJ P Huntar Nlr PR PosrEIt M5 PA Sander5 Mr5 J SPearer Mr AM Wright Ir JG Simpson IR8tiied 16 JaM8ry 20241 IAppint*d 16 January 20241 Recruitrnenl and apmwntrnenl ofltystees When a new Trustee is ap￿￿ted, he or she B provKled of the key th)(JJmenLo an Introducti￿ to the work of the Chanty. He or she ￿ prowded wth tIE inf(MrTTation he or she needs to fulfil his or her role as a Tiustee. The Ipgal advisers lo th8 Charty keep 1he TtU5te8s informed of r81evanl change5 n ch￿lty law ar¥J governance. The Trust£es keep undgr review the major operational arKI strategic risks the Charity faces are satisfied Ihat systems have been established lo Mnimise the possible effects of suth risks rm Its Chanty. None of the trusiees has any beneficial interest in thaity. AJI of Ihe tA￿tee$ are members of the company and waranlee to contribuie £1 in the event of a wiThliThJ up_ MRS D M FRANCE-HAYHURST FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED} FOR THE YEAR ENDED 30 MARCH 2024 organisat￿Ra[5tIuCyUre The Trustees are respmsible for Ihe overall managemenl of the C￿lly. hokthrg re￿lar fvll Trustees meeb'ngs al least on a quart8rty basis to oversee th8 managwnenl cl the Ch*ity and of ils investments. as wel as to r8viw grant applcabons m*le to the Charrty. e Chanty holds considerable amounts of investrnent rwp&ty on the Bostock Estate in Cheshire. the income from which enables the (J)arity to serve rts gani-makirrfJ p￿r￿Se. Day to tjay management is deal wilh by Richard Baker and Jack Harfey. at FY6her GerrDan ChartereJ Surveyots, this beirxj overseen by 1he Trvstees in their meetings. In tjetween trustee neetings, Chri5 Henrety, Philip Posnett. and John sinp5￿ meet with Fisher German on a rn(￿thty basis lo discuss day to day tnalter5 rglating to Ihe rnanageffl8llt of th8 inv8Strn8nt pwertTr85. The financial nveslmenis hdd by the CharIty￿e maTha￿d by IrNestec. Th5 is a￿1n rev￿Wed by the Tn￿leeS on a regular basis in rn88tings. Day tr> day athinistrati)n ol Ihe Charity ￿ G2rr￿d out by Ihe ￿al advtsers io Charty. Charfes Russell Spee¢Nys LLP. Again. this is reviewed by the Trusiees on al least a Quarter￿ bass. Induct￿￿ an¢a training of truslees All of Ihe Trustees give their time freely a￿1 rK) Irt￿e8 r8rnurwdtion was pamj in the year. Detals of truste8 ex￿[￿&S disclosed in note 11 af the 2c£ounts. Trustees are requirÈd to disclose any rdevanl inlerÈ&t and lo intlude details in a Register ol Interests. A conflict of lite￿$t polw is in p.a￿ that requi￿$ Trusiees to wth(Iiaw from the decish)n maklro PToces5 rf a conflict i)1 Intere51 arr￿. Audltor In acCOrda￿e wlh the company's arti¢￿$. a rescAutKJn proFM)grg thal UHY H￿er be ￿appOinled as aLrflilor of the company wiu be wt at a General IAeeting. Small wmpanlès •xèmptl¢)n This report has been prepwed in arxordan¢e vAth IhÈ provisir￿S at4)licatde to conwanies wtitled to IhÈ small o)rnpanEs ex¢mty"on. Dl$clo$ur* of Informallon to audll¢r Each of the tru5fees ha5 confirrned that there rs nD iwrfortnatwjn (rf wthich Ihey awe awwe whith 15 relevant to Ihe audit. but of which the auditor is unaware. They have fvrther conffimie(I Ihar they hawe laken apprcpriak steps ￿ ￿ÈntrfY gJ¢h rdevanr 1nf0rrna￿0n and lo est*llsh that the audltor15 aware of such InformatIL￿_ Thè trusta8s' report was approved by the Board of Trustees. Mr CG Henretty Trust•0 23 De￿nI)er 2024 MRS D M FRANCE-HAYHURST FOUNDATION STATEMENT OF TRUSTEES. RESPONSIBIUTIES FOR THE YEAR ENDED 30 MARCH 2024 The Irustee5. who are also the diredow5 of MT5 D M FwTrHayhuv51 Fourthtion lo￿ the of￿￿panY law, are responsible for p￿Paring the TrusTees' ReFM)rt and the Iinantial statements in accA)rdw￿W11h applicable la¥¥ and United KirvJdom Accounting SlaThJ*ds (Untted Kirvyjom Gen￿4￿ Attepted AecoLW)tir¥) Pr*￿e) C￿anY l&¥ r8quirès thè truste8s to prepare f￿an￿31 stai8m•nts for each f￿ar￿481 year whth give a true and fair vièw of the state of affair5 of th2 chanty and of the inc(xnitwJ re50wces and of re50urce5, induding the inc(xrE arxl expenditure, of the ch￿table (x)rnpany for liat year. In preparing these finan(ial statsrnents. th8 trusiees are requred io - select suitatrAe accounting policies and Ihen apply them consistenw, - observe the rneth￿S and prn¢iJes In the lJarities SQRP,. make judg8m8ntS and estirnales that are reason￿18 and pr￿fjenL - stale whelhÈr applicable UK Accounting Slandards have been fol(￿￿￿. subpct to any material departures dsclosed and explained in the fin￿cial slatements." and - prepare the financHI slaterrEnts on IFE g¢yng concern baws wle55 tt Is ￿ap￿D￿1aIe to presume Ih3t Ihe charity wll contkiue in i)perats"on. The IrusteÈs are responsible for keepir¥J adequate ￿)untIng rÈ¢cKds thai d6-lose with reasonable a¢cura¢y al any Ihe finaneial FW)sition of the charty and enat4e them to ensure that the finanoal staements compFy with the Comparies Act 2006. They are also responsib￿ for 5afeJuwding ts a55ets olthe charity and hence lor tahing reasonable 5tep5 for Ihe prevention and detection of trautj and i)If*r irwLAatiDe* MRS D M FRANCE-HAYHURST FOUNDATION INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MRS D M FRANCE-HAYHURST FOUNDATION Oplnion We have athyited the financial $tsten￿nts of Mrs D M FrartyHayhwsi Fcwnda1i￿ lthe'charily I br the year ended 30 March 2024 which cornprise th8 Statgment of finarrial activit￿8, Ihe sumwwy irwme and exp8r￿llure aCt￿nt. the ba￿nce sh8•1 the statement of cash and Th)tes to Ihe financi81￿alements. indudiro $i￿1r1¢ant acwJnMg wlicies. The financial porting fratnework that has been 4)tAied itb1heir F¥epaobon is appli¢able law and United Kingth)rD Ac¢(yJntDg Standards, induding FIn￿CIal ReForlin9 star￿ard 102 7he F￿3￿c￿lRe￿O￿ Standarf ap&*able m the UK and RepublK of Ireknd (United Kingdtsm Generally Accepted A¢¢ounliNJ Pr￿tre). In our opinion. the fin￿Ck￿l stalen￿￿.. give a true and fair view of th8 slate of charitaL48 crxnpany's affays as at 30 March 2024 and of lis incorning resources and applTht1C￿ resources, ncluding Is ir￿c￿￿ and eX￿n¢￿tUre, forthe year Ihen ended," have been woperfy prepar￿ in ar**Jrdanc£ with Unrted Kirydom Generalty Acx¥ted Acwuniiig Practice.. and have been prepared in ￿c(￿dan(* wth the requr8ments oflh8 Cunpalli85 Act 2tMI6. Basis lor opinion We conduclÈd our audit In aox*rthr* wilh Internatk)nal StsThlards on Auditin9 IUKI IISAS IUKII appliGqNe law. Our reswnsibilib.es under those s-.andards are further described in ihe Auditors ￿$1)0￿*￿111eS for Ihe audit of Ihe financ￿1 tatefflent5 sectson of our reporL We are independent ofthe charity in accowd3rKe with the elhical requirernen15 that are relevant to our aLkYit of the finanoal statements in the UK. I￿uding the FRC'S Ethical Slandard. and we have fufille(l our Qlher ethical ￿sponsIbl11t*S in aco)rdance with these requirwnents. We bdEve that the aL￿rt evide￿￿ we have obtained is sufficient ar¥J appropTlate fo provide a ba515 fly ouropiniDn. Conclusions relatirwj to going concern In sUd￿ng lh8 financial st8teffl8nts. we have rt that fact. We have n£*hng lo report n th6 rewd. Oplnions on other rnzttew5 prescribed by the C(xnpanigs Act 2006 In our opinion. based ￿ the Ylork underfaken in ￿ course of our audil. the inlormab.on 9ven in the trustees, report for Ihe finanoal year forwhich the fmanaal ststements aTr prepared, which Indudes Ihe dire¢tors' report prepwed for the purwses of compwy law. is consstent wth the finanial st8temenis." and the (Ji￿¢t(¥s, repKJrt li￿ded W￿lin the irLElees' repxxt has p￿pared in acCo￿arte with appli¢atle legal TequirernentS. MRS D M FRANCE-HAYHURST FOUNDATION INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF MRS D M FRANCE-HAYHURST FOUNDATION Matters on which we are r•quir•J Qo report by exceplion In the light of the knO￿dge understandiffj of the ¢hwity its emrorthenl (thined in Ihe course of audit. we hav8 not identffi•d maierial M￿StateMents in th8 directors. r8pc¥t induded th8 trustees, rèport. Wa hava nL*h'ng 10 report n rw4•et of Iha k4b)wing ma*+rs in teL4iic￿ to which tho CLYnparMès Act 2006 wuirÈs us to r8POrt to you rf, in (yjropinion.. adequate accounling ￿cor(b have Th)t been kept, or retwns adequaie ky ow audit have not been received from branches noi visrted by us". the fin8ncial sta￿eThts are not in agree￿Ent wthlhe 8¢￿n11Th) records and r¢turns'. or certain disclosures of trustees. remuneratK)n spec￿ed by law are not rnade." or we hève not received all the informalw)n atKI eXpl￿aID￿S we reqU￿e forour audit." or the Irusiees We￿ not ￿t￿e￿ ¢0 prepa￿ the finanoal statements in alxorljan￿ with the small companies re91rr￿ an¢J t2kp. ?dvanlaop. t)f t￿. gm￿1 ¢.ompanip£' p%p.mptinnq in prp.parir4J Ihp triJ£tpp*' rw and frnm ￿. rp.oiiirè.rnpnt In prow8 a strategic rewrt. Rgspon$iblitig$ of trustses As explained mre fully in the ststement of trustees, ￿SponSibl1 ities. the Irustees, are 4$0 the dre¢tors of Ihe Charity for the purpose of con¥)any L2w. ¥e resrM)nsitJe for Ihe wepardlion of the financial statements and for beinq satisf*d Ihat they give a Irue and fair view, and for such inlemal control as the irustees deiertnine is ￿t￿Sary lo enable the preparèron of finanaal staietnents that ale free frotn material tnis5tatement. whether due to fraud 01 eiror. In preparing the finanDal 5tatetnents, the trustee5 are re5PCn5ible for as5es5ing the charity'5 abilty to conb.nue a5 a goiTrg concern. disclosing, a5 applieable. matters rel8ted to going COn￿M ar¥J using the going o)norn basis of accountng unless the trusree$ erther Inlend lo liquidate Ihe charttabk CC%TVally or lo cease opeTations, of have ￿ reJli5lK altemative LNJI lo do so. Auditorfs responsitxlities lor the audit of the financial statements Our obieclives are lo obtain reasonable assuiance th)ut whetherthe ￿nan￿al SIa:e￿ents a5 a whole are free from rnaterial misstatement, whelher¢Jue to fr*JJ (* error. and to tssue an auditorfs report that inclu(￿9 our opnion. Reasona)le assuran 15 3 high levBI of assurancg but 15 not a guarantee Ihat ￿ audil conducted in aC￿r{lanCe with ISAS IUKI will a￿ays detect a material misstatementvthen it exists. Misstaternents can arise frorn fra￿ error and are conS￿ered rnaterial if, ndividually or in th8 aggfegate, IhEy COU￿ r88sonably be 8xpect8d to influen(x Ihe economic d8Cig0r￿ of users lak8n <)n ￿ basis of these financia statsrnents. Irregularities. in¢lwJn9 fraud. are inStan￿S 0ffnon-rnmrAlan￿ Mlh lahs and regulatiorts. We design pwKedures in line with Qur respon*bilth"es. vulined above. lo detect material Missta￿ents in resped of irregularities. mcluding fraud. The extent to vihich our pri)cedures are capableof dete(*nJ irregularibes, I￿udIng fraud 15 deta.led bebw. Based on our Understandi￿ oftt)e charitable c(mw)y the Ind￿ ￿ which it (perates. we kjentified that tre principal risks of non-compliants wth laws and reguL*"ons related to the by the ch*itable ¢onpany. whid) We￿ ¢onlrary to 8ppIKabl8 laws and reguL3tions indUd￿g fraud, and we considered the 8Xtent lo wh￿h n0n-cotnpli￿Ge might have a mat8ria effect on the financi7J statements. We also considered Ih05e laws regulations that have a di￿1 iwpact on the preparati(￿ of the fina￿21 stat8rn8nts such as lh8 coMpan￿S Act 20(￿. We evaluated tnana98rnenfs I￿ni1¥6$ arKI opportunities for fraudu18nt manipulation of f￿ancIal ststetn8nts lindudir¥J th8 risk of override of (x)ntro151, and deiertnined that the wncipal risk5 were rdated to nfflated revenue the thantable (x)mFanls net incorne for the year. MRS D M FRANCE-HAYHURST FOUNDATION INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF MRS D M FRANCE-HAYHURST FOUNDATION Audl proce¢JLYe5 perforrned included." reviewol ihe finatrid 5talevwil di5c105Ute5 to SUPPDrtitvJ docurDenth"on, review of any Corresponden￿ with legal advis￿$. enquiiies of Mana￿men1 and th￿ charged ￿ryth g0Veman￿ aroun éctu21 and potential lib9ation and claims. enquiries wth tharitable eompany's 4aff to idÈnbfy any instances with non-compliance wrth la￿￿ and regulation5, enquiries ol tThanagernent and ￿vIeW of monLhly managemerrt accounts and reports in so far as they relaled to Ihe [￿aTr￿al sfaternents. testing of jwmals 8nd evalu8tiig whether there was evidence ( bias by thè Trust$es Ihat rePre￿[rted a risk Lrf matetial Thtsstatern8nt due io fr3ud, utKl8rt3ki￿ detai19d substantiv8 tèsting of tnaterial items and a satnple of other items, C￿siderati(￿ of rea50nableness of the figures and anatyts'cal rewiew, Including cotnparison ￿th wevK)us years and expe(led trends, and review of the (x)rnrAiance with and elfectNeness of intemal control8. There are inherent limitabons in ts audit procedures desuibed above and the further rerroved non-complian￿ wth laws and r8gu181ions is from the events transactions reflected in the financkil slaiem8nts. the less lik81y w8 would b8come awdre of il Aso. Ihe risk of detecting a material rnis#alernent due to traud is hIg￿r Ihan the risk Df not detecting one resultsng from error. as fraud may In¥￿Ve dethberate ￿l￿rnent by. ￿ example. fo¥geryor ￿ten￿"onal MISrep￿sentation$, or thr(yJgh (y)Ilusion. A firther de5cripb.on of our reSp￿￿1￿.1￿J.e5 is available on the Finarrial Re￿rtiTrg CoutKil'5 website a-. https'.Itww trc.org.uklauditcwespongblit¢* This desuiOM)n fom¥ pwt of audrtc¢s owrt. Uso of our r￿ort This report 15 rn8d8 501ely to ch*itaNe eThnp8ny s [￿8rnberS. as a b(vfy, in aC¢xjrdan￿ wth Chaoer 3 of Part 16 of t CixYpani8s Act 2006. Our audit work has been undertaken so that W8 migm state to the Charrtab￿ Company s m8mber5 those mfjtters we are required to state to Ihen in ar) audrtorfs report for no othw pU￿oSe. To the fullest extent permilted by law. we do nol aC￿pt or assurne iesw)nsibility to ansx)ne other than the eh8ritable (x)rnpany and the charitatA8 company s members as a body. audit work. for ths report. orfor Ihe opini￿S we have formed. Nicolau¥ Sluawt Jenkin¥ ISEnioi Sla¢utowy Auditor) For and on behalf of UHY Hacker Ywry. Stslulory Aud Chwt8red knountanis St John's Chambers Love Street hester Cheshire CH1 1QN 23 Decen*)er 2024 MRS D M FRANCE-HAYHURST FOUNDATION SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 MARCH 2024 All Ir￿orne funds 2024 2L123 Gross incom8 411.723 404.182 Total expetvjiture frorn incotne lu￿5 431.843 369,981 Net lexpenditurellincome forthe year 120.1201 34.201 MRS D M FRANCE-HAYHURST FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 MARCH 2024 Unrestricted Endovnnent funds fund$ 2024 2024 Tolal UrnstrKted Endowmont nd$ fvnds 2023 2023 Total 2024 2023 Note$ In¢om• and gndowmgnts from= Investments Othef Income 398.836 12.887 398.836 12.887 404,182 404,182 Tolal Income 411.723 411.7Z3 404,182 404,182 enditure on= Raising funds Charnable &tsv￿es 257.661 174.1￿2 257.661 1T4.182 195,497 174,484 195,497 l T4.484 Total expenditure 431.843 431.843 369,981 369,981 Net gain￿(￿3$eSI on investments 13 895.014 895.014 166,8591 166,8591 Net movement In 120.1201 895.014 874.891 34.201 166.8591 132.6581 Fund balances at 31 March 2023 273.fjB1 21.551.316 21,824.997 239,480 21.618,175 21,B57,&55 Fund balances at 30 March 2024 253.561 22,446.330 22,699.891 2T3,681 21,551,316 21,624,ga7 The 5taternent of finanaal actNitie5 ¥K￿deS all gains awvj losses reC￿￿TriSed inlhe year. The staterr*nt of finanoal actniities mthdes all gains losses re¢(wis￿ in the year. All income eXpendlU￿ derive from contynuing aCtiV￿e$. The notas on pagas 13 10 24 fomi pwt 0fth￿ finarwial ststsm•nts. 10- MRS D M FRANCE-HAYHURST FOUNDATION BALANCE SHEET AS A T 30 MARCH 2024 2024 2023 Nots$ FrAed assels Inveslrnent WOP8rty Inveslments 16 15 20.455.318 891.839 20.S15.318 875.345 21,347.157 21.490,&83 Currèiit assots Debtors Cash at barl( and fft hand 17 357,544 1.076.194 263.236 136.067 1.433,738 399.303 CreditOW5'. afflounts talling ￿e wrllM"n one year 18 164,9691 Net currentassets 1.352.734 334,334 Total a¥sets l¢ss curr8nt liattilrties Z2.699,891 21.524.937 The fund5 of the charity Endowrn8ntfund5 Unre51rithcl fund5 19 22.446.330 253.561 21.551,316 273.$81 22,699,891 21.824,9)7 The notes on pages 13 10 24 fomi pat of these finarKaal stalements. The financial staterrEnts were approved by the trustees on 23 De￿ber 2024 Mr CG Henrelly Truste8 Company registratIC￿ nurrt)er 09347790 {EngLgTh1 arKI Waknl MRS D M FRANCE-HAYHURST FOUNDATION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 MARCH 2024 2024 2023 Cash flows from operatlng act￿A￿e9 Cash absorbed by (4)erab"ons 24 1497.2291 1388.4391 Investing activities Proceeds from dispos7J of kiyeslrnenl FKopety 1.021.665 (133.5541 150.409 398,836 Purchase ofolher inveslmenls ProceeLls Irom dispN)sS of other investments Inveslrnent nc(xrE retrived 153.2091 39.522 404.182 Net ¢ash g¢nerated from Inveslkn9 a¢tlvNle5 1.437,356 390.495 Net cash used In finan¢lng actlyllles Net In¢r¢ase Sn cash and ￿$h equlvalents 940,127 Cash and cash eqLMvJents at beginThng ofyear 136,￿7 134.011 ash and cash equivalent5 at end of year 1.076.194 136,(67 The notes on pages 13 to 24 fomi pwt ofthèse finanoal ststements. 1?- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2024 Accountiry policies Charity irrfowrnatiL Mrs D M Franc8-H8yhurst Fwndalion 15 3 private c(Kn￿Y limiled by gUar￿tee ￿corpOrated in England 3nd Wabs. The register8d orric8 is CIO Chartes Russdl Speechlys LLP. CLYnpass House. Lypiatt Road. Cheltenham. Gloucestershire, GL50 2QJ. Ac¢ountlfft9 Convention The financial statements have been prepared in accAxdance Mth Ihe govemirG document, the Companies Act 2006, FRS 102"The Finaniial Reporting SI8￿1￿¢ appl￿ble In ts UK wd Republic of Ireland" I'FRS 102.1 and the Charities SORP'Accountsng and RetKrtng by Chanbes. Ststement of R8commend8¢ PraCt￿e applic2ble t(> charitses prepaing their accounts in accordance with Ihe FuianrAal Reporbng Standard appiirable in 1he UK and Republic of Ireland IFRS 1021. leffeth've 1 January 20191. The tharity is a Public Benefit Entity as deffined by FRS 102. The finanaal statèmènts aro prsparad In stgrfiny. Ythich is Iha ft*￿nal cuTh•ncy oflhe d)aitty. Monètary amounts in these financial slatetnents rou[￿ed to the nearesl £. Thè financjal statements have been prÈpared under the historir2t cx)st CA)nVen￿￿. modified lo I￿lUde the revaluation of free￿)10 properties arl lo inthde inveslment prope￿e$ and certain financi8J ir6lrumenls al far value. The principal a¢ca)Unt￿9 polic*s adopted are set oth beknw. 1.2 Going concem Al the tme ol approwng ihe Iinanoal Slatements. truslees have a ￿esOnab￿ exre¢tabon that Ihe chaniy has adequatè resources to cantmue in operational exislence for the foreseeable futsKe. fhus the lrnstÈes continue lo ad¢wt the going concem baws of accounb"r¥J in preparing Ihe f￿8￿181 statements. 1.3 Charitable fund8 uiire5lr1L￿ furids ale availaNE for use al ￿￿￿￿1￿ of ilie irLLslee5 in fuillieraimx rJIll￿￿ d￿li10b￿ obieLlive5 Endoymmnllunds arg Subj￿ to spwift conditwxts by (kN)ots Ihai u)& C4)iial must bè maintain8d by thè d)arity. 1.4 Income Income is re¢ogn6ed when the chwity is legalty w)b"tled lo it after any perfcffmance ¢oThJ￿"0ns have been met, the amounts can b8 measured reliabw. and il Is WObab￿ Ihal Inujme wil b8 r8ceived. Rentsl ￿cOMe from irNesIrr￿I leased out under operabng le08es is reoyJnised ￿ Ihe statementof financial activites on a straighl.line t¢S6 over the tem of the I￿e. Dithdend in¢(Mne from listed inwestments is rec(vJnised when the ¢harty* nghl to r￿1ve payment k% estabh"shed. it is rKc4)able the inc(Kne bvill be received and the amount an be rnea5ured rdiabty. 1.5 Expenditurè Expend'lure Is rwn¢ed cnce there is a legal ￿￿$ll￿tIVe otAigation to Irartsfer economic benefrt to a third party. it is probable that a transfer of e0)nOm￿ benefits wl be requred n setUemen[ amt>mt of Ihe obli9a*"an can be rneasured reliably. Expend'lure In¢Lwred on the mwagement of the chanty's nveStM￿l prO￿rIY aThY wrtlolio of listed investments Is recLvJnised as a cost of raisvg funds. Expendture InctWTed on Ihethariws sole athty of grant making 15 recr*Jni5ed as cost of chantable actiwties along wth 811 support Ixjsts. 13- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2024 A¢¢ounting poli¢i•s (Continued) 1.6 Investment woperty Inveslrnent property. which E prorErty held to e8m rentals aThVorlor G8￿181 appreciation, 15 in1￿11Y recognised 81 cost, which includes th8 purchase cost and any dir8clly attribuiable 8Xp8￿11.ur8. Subs8quenlty it is measured al fair value at the reporbng end date. The suryAus or defKit on revaluation ￿ recognised in proffit u loss. 1.7 Flxed asset inveslrnents Fixed asset investsllents are initialty measured at tr￿￿c￿On r￿1￿ exduding trar)saction costs, and are SLtsequenUy ffleasured at fairvalue at e￿h reporThn9 date. Changes in fairvalue are rec(NJnised in net incofftellexpendrturel for the year. Transactwjn c05t5 are ex￿n￿d a5 invjrred. 1.8 Cash and cash equivalents Cash al￿ cash 4uivalents Indud8 cash in harKI, deP￿ts he￿ al call wth ba￿[S, oth8r short-t8rtn Iw4uNJ investtnents with 0ri9nal rn3trx￿eS of Ihee mcfflth5 or kn5. and ba￿{ o¥erdrafts. Bank overdrafts are shown ￿lthM trKJrro%*ings in cutrent liabilthe5. 1.9 Flnan¢lal Instrumenls The charity h85 elecled to apply pro¥isK)ns of Secbon 11 'Basc Finanoal InstswnenLs' and Secb'on 12'0th8r FinanEi31 Instrurnent5 Issues. ol FRS 102 to all of ts ffinancial instruments. Financial instruThents are r￿￿188d in th8 charity's baarKe sheei vth8n th8 charity b8cornes paty lo th@contrac￿a provisions of Ihe *istrumenL Financial assets and liab4ii*s a￿ offset. with the nel arrN)unts wesenled the financial state￿Tr￿ when there is a legall¥ enforc&a￿￿ right to set off Ihe recognised amounts there is ai intention to setNe on a net basis u to realise the asset and Sett￿ Ihe Iiablity srnuttane0u￿y. Basic financialassets Ba￿ctinancial assets, indude debtor5 and rash bank balan￿5, are inth'ally measured at trdnsactK)n price indud1￿ transacti￿ costs and are sutwuenty G3ffled at am(xlised c￿1 vsing Ihe eflectNe Interest rnelhod unless the arrangetn8nt wnsttiul8s a financing transactK)n. where t1￿ tiansaction is m8asured at Ihs pies8nl value of th8 future receipts disujunted al a rnarkel rate of interest. Fina￿￿￿1 assets classffied as recewablewlhin one year are Mt amorbsed. Ba&c financial Iiabilitie5, I￿U￿1r￿j creditors bank kban5 are iTrth"ally recognised at trarisaction pri￿ unle55 the arrangement constitutes a than¢ing 1ransadion. ￿he￿ the debt insinJmenl ts measuod at the present value of the fvture paym8nts di5count8d at a rnark4 rate of int8r85t. FinarKia Ik3tx'liti8s cl￿fied as payable within on8 yew ar8 not arnorbsed. Debt instrum8nt5 ar8 subsequentty carr￿d al amort￿l cosL usng th8 effeclive inter85t rate method. Trade crediiors ere obligaiions io pay lor goods orServ￿es Ihai have been a¢quire¢ In ihe Ordin￿ wurse of operaions from suppliers. Amounts payable are dassif*d as turMt liabiiiies if payment is due wthin one year or less. If not. they are prèsented as non-¢U￿enI labilities_ Trade t￿lIt0￿ are rwnised initially at trws¥tion price and subsequenlly measured at aM￿b$ert crJsl Ihe ertedive inte￿1 methcAY. Llerecognition of fin4ncialliabilities Finanrial Iiabiltb'es are derewgnised when the cF*rity's conbaclual oblvJatK)n$ expve or are discharged 01 cancelled. 14- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2024 Critical xcounting estimates and judgernents In the 8pplicab.on of Ihe ¢h8rity'$ gccounting poIKxes, Ihe trustee3 ere required to make Ndgetrents, estsrn&tes arxl assumptions thul Ihe c2rrying amunl of assets and liatiAi¢*s thal are Th)t ￿?￿llY app0￿nI from Olher S￿r￿S_ The estimates arKJ arsociated assumptK)ns ¥e based on historicA eXperIe￿e and other factors that are consklered to be relevant. Actual resums maydrffer fvom these esb'males. Thp p8timalp4 and ijnrtprtwng A*£iJmptionq 8rp. rp.ViPWP_rf on en nnoryno Rp¥iplp In nFpd nr that hjrthpr èthijtratitsn￿ pr(4p.tA8 thmi4W intp.ra(*m animaLs. Thp etharity dap.s nnl mak giant5 to indiwduals. Grants payable Vnrestricted Unre$lri¢ted funds funds 2024 2023 Grant5 to Instilutk?ns'. Other 117,0(KJ 120,S)0 16- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2024 Grants payable (Continued) SuppDrt Costs zllocated to activilie5 2024 2023 57,182 53.984 Anaty5ed betseen: Unr8Stricted fvnds 57.182 53.984 2024 20Z3 Govemance cost5 compri5e'. Audil lees Accountancy Legal and prOf￿Onal 3.500 4.396 45.869 3,417 3.3T4 42,￿2 57.182 53.W 10 Net movement kn funds 2024 2W23 The net movernent in fund5 is slated alter thatgingllcrerfitirvjl- Fees payable for Ihe audit rf Ihe tharitys fnancaal statements Profrt on d'swsa of inveslm8nt wop 3.500 1861.6651 3.374 11 Trustses None of Ihe trust*s (C￿ any persons connected Mrilh them) received any remur*MK)n or benefits from IhÈ charity during the year. Travel a¢¢ommodab"on expenses of £3.417 12023- £3.5811 wwe rel￿1)Ursed to five12023.. fivel trusle&s for atteThJance al Board meeb.ffjs during the year. 12 Employees The a¢er8g8 rnonlhly nurnb8r of8ryJloyees during Ihe year was.. 2024 Number 2023 Numb8r Total Th￿ We￿ no employees whose annual ￿r￿Une￿I￿)n w35 tnc¥e than £fJO,LNX). 17- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2024 12 Employ•¢s (Continued) 13 Gains and losses on investments End￿￿￿￿nt funds X124 Endowment lunds 2023 Gainslllossesl ar6iNJ o)-. Revabation of ifftstrnents Sale of inVest[n￿ts Sale of investM￿t pror*rties 33,533 11841 861,665 163,8121 13,047 895.014 166.8591 14 Taxation The tharity is exempt from tsmati￿ on its acb"vrties b￿aUSe all its noyne is ap￿￿d for charita￿e purposes. 15 Fixed asset Inv•slments Listed investrnents Cost or valuatlon At 31 March 2023 Addlions Valuation changes DisptssJs 75.345 133.554 33.533 1150.5931 AI 30 March 2024 891.839 Carrying amount At 30 March 2024 891.839 AI 20 March 2023 875.345 The h"StOr￿ ￿st of listed nvestments i8 £701.71212023.' £716,414). 18- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2024 16 Investment woperty ZW24 Fak ¥alu¢ Al 31 March 2023 Disposds 20.615.318 1160.WOI AI 30 March 2024 20,4JJ,318 Investmenl property ¢(ThprtsÈs the i2nd buddi)gs ofihe Bosto¢k EsklÈ. The far Val￿ ofts invÈstmÈnt property has been arrryed at on Ihe basis of a valuation Carried in Januwy 2022 by Fisfw German LLP. a firm ol chartered surveyo[5 and prDFErty agents. The valualiun wa5 tnade on an opeii rTratket va￿E ba515 by iefErenGe to market e¥KJen(￿ of transacts.on pri(%s for similar wopErtEs. In conjutKtion wilh frDm Fist￿r Gewman LLP 1he Tw5tees conSKlerthe tdlfwd1￿ ofthe investment properties as al 30 M8rch 2024 has rKrt rnaterialy thawed &nce Ihe last I￿rnal valualK)n. h'stor￿ cost of inVeSt￿￿t prqjerty is £5.916.36612023.. £5.938.36E). 2024 2023 F￿eTr￿ld 20.455.318 20.615.318 17 Debtor5 2￿23 Am¢yJnts f¥llng du• ￿thIn ty10 y•ar. Trade debtor5 Other debtors Prepsymen1s and acctU8d irKLYn8 39.066 90.900 227.578 49,947 2.711 210.578 357.544 263.236 18 Creditors.. amounts fallSng within one year 2024 2tr23 TT8de Crcdftor Other creditors Accruals arKI def8rr8d incorn8 37,264 4.650 39,090 18,285 4.650 42,054 81.004 64.*9 19- MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2024 19 Endowment fund5 Endowment fvn¢ts represent expendable endQYffl￿ts held by Ihe th8rtlY. Inwne ￿Sir¥j on the endowrnent funds can be use(J li accordan¢e with Ihe objects of the Charity and is induded as unreslriaed Inw th8y may b8 U58d. Th8se irKaud8 d8signat8d funds which hav b88n 58l a5id8 Out of unreslricted funds by th8 trJste8s f(x Vcir￿ purp05e5. At 31 March 2023 Incoming resources Resovrces xpended At 30 March 2024 Ge￿ra1 l￿dS 273,681 411,723 {431,8431 253,581 Pr8viou5 year. Al 31 March 2022 Incoming WEsource5 Resources expended At 30 March 20Z3 G8n8ral fwds 239,480 404,182 1369,9811 273,&81 MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2024 21 Anatysis of n81 ass8ts batsveen lund5 Unrestri¢t¢d Endowment funds funds 2024 2024 Total 2024 At 30 March 2024: Invesiniei)t prove￿e5 Investments Current assetsllliabilth.esl 20,455.318 891.839 1.099.173 20,455,318 891,&39 1.352,734 253.561 253.561 22.446.330 22.699.891 Unrestricted lund5 2023 Endowment fund5 2023 Total 2023 At 30 March 2023: Inveslrnent properbes Inveslrnenls Current a55etsllliabi1￿"esj 20.615.318 875.345 60.653 20.615,318 875,345 334.334 273.681 273.681 21.SS1.318 21.824.997 Related party transactlor*4 There were no di5ck)sable related party Ir￿saCh0nS dumg the year other than reNbursed expertse5 to trustee5 as set out ￿ note g12023- non81. 21 MRS D M FRANCE-HAYHURST FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 MARCH 2024 Analysis of imiestrnent properties 2024 1 Old Hall Coiage 1 Old Hall F￿rn Colage G Bo*o¢k Roay 8 Bostock Ro*J 14 B05lock Roae 16 Bogtock Roa 320.(K>O 300.(K>O 270.ry)o 290.LNJ) 250.1K>O 210.(U) 360.LKIO 320,DXJ 230,LIJO 270,(I)O 290.(Th) 290.tKIo 75.(M)O 630,LIY) 100,LKK) 330,tMIo 300.(M)O 1.550,(KIO 1.980.LK)O 940.(KX) 680,rM)D 2.265.(MlO 1.230,(rfKJ 630.(K>O 980. 630,rxx) 1.255.(MlO SOO.L 150.(00 90.(K>O 430,(KIO 605.318 780,(KK) 320.(K>O 280.(Tr) 225,L¥)O North Lodge Souih Lodg 16 Firthfields Gr￿ge Lane Canal Cottage Bri(Sae Cott8ge Heyesuoft Cona Joiners Shop Bto(4t House Fatrnly)use and BuddiNJs Bridge Fartn BU1￿1ng5 Manor Farm Buildings Hall Fam) Buildings Addashaw Farrn Bark Farm Bos1￿k Farm Bostock House Fami Bost(tk Hall Fami Br