|O
CHARITY COMMISSION
FOR ENCrLAND
AND WALES|O
CHARITY COMMISSION
FOR ENCrLAND
AND WALES|O
CHARITY COMMISSION
FOR ENCrLAND
AND WALES|Charity
Name
The Nargreaves
Lansdown
Charitable
Foundation
Receipts and payments|Charity
Name
The Nargreaves
Lansdown
Charitable
Foundation
Receipts and payments|Charity
Name
The Nargreaves
Lansdown
Charitable
Foundation
Receipts and payments|Charity
Name
The Nargreaves
Lansdown
Charitable
Foundation
Receipts and payments|Charity
Name
The Nargreaves
Lansdown
Charitable
Foundation
Receipts and payments|Charity
Name
The Nargreaves
Lansdown
Charitable
Foundation
Receipts and payments|No (if any)
1167927
accounts|No (if any)
1167927
accounts|CC&sa| |---|---|---|---|---|---|---|---|---|---|---|---| ||||For|the period
from||Penod start date
01/01/2022|||To|Pened end date
31/12/2022|| ||||Unrestricted
funds||Restricted funds|||Endowment
funds||Totalfunds|Last year| ||||tothe|nearest
r.||tothe nearest|6|tothe nearest 6||to the nearest r.|tothe nearest 6| |A1 Recei ts|||||||||||| |Donations
Recewed||||167,324||||||167,324|198,943| |Fundraisin
Events||||35191||||||35191|22479| |Sub total|(Gross income for
AR)|||282,515||||||202,515|221,422| |A2 Asset and investment
sales,|||||||||||| |(see table).|||||||||||| |n/a|||||||||||| |||Sub total|||||||||| ||Total mceipts|||202,515||||||202,515|221,422| |A3pa
ments|||||||||||| |Account Charges||||578||||||578|411| |Cost of Fundraising|events|||1,733||||||1,733|915| |Grants and donations
made||||197,749||||||197,740|123,486| |||Sub total||280,051||||||200,051|124,812| |A4 Asset and investment|||||||||||| |urchases
see table|||||||||||| |n/0|||||||||||| |||Sub total|||||||||| ||Total payments|||200,051||||||200,051|124,812| |Net ofreceiptsf(payments)||||2,464||||||2,464|96,610| |A5 Transfem
between||funds|||||||||| |A6 Cash funds|last year end|||214,779||||||214,779|118,169| |Cash funds this year end||||217,243||||||217,243|214,779| ## ## ## ## |||||||SORP reference|||| |---|---|---|---|---|---|---|---|---|---| |Summary||ofthe purposes|||of||The objectives ofthe CIO are to further||| |the charity as set|||out|in its|||such exclusively
charitable||| |governing||document|||||purposes
according to the law of||| ||||||||England
and Wales and the trustees||in| ||||||||their absolute discretion
from time|to|| ||||||||time determine||| |Summary
activities||ofthe main
in relation to those||||Para 1.17and
1.19|Fundraising
by volunteers
for the
benefit ofthe charities,
nominated|by|| |purposes||for the public|||||and voted for by HL Colleagues.||| |benefit,|in particular,|||the|||||| |activities,||projects|or||||Donation
from HL pic.||| |services||identified|in|the|||||| |accounts.|||||||Other donations
including
from surplus||| ||||||||sweeps from closed client accounts||and| ||||||||clients.||| ||||||||The Hargreaves
Lansdown
Charitable||| ||||||||Foundation
is the charitable
arm of||| ||||||||Hargreaves
Lansdown.
Our mission|is|| ||||||||to utilise the skills and time ofour||| ||||||||workforce and partners to make a||| ||||||||positive, sustainable
difference
in the||| ||||||||world around us.||| ||||||||We focus on four pillars: the next||| ||||||||generation,
local communities,
health||| ||||||||and wellbeing
and improving
lives.||| ||||||||Our charity(les) ofthe year benefits|from|| ||||||||the majority ofthe money raised||| ||||||||through
the HL Charitable
Foundation.||| ||||||||Administration
and day to day||| ||||||||communication
are also done by||| ||||||||volunteers.||| ||||||||Hargreaves
Lansdown
meets the cost of||| ||||||||running
the HL Charitable||| ||||||||Foundation.||| ## ## |||||SORP reference| |---|---|---|---|---| |||||Para 1.38| |Policy on|grant making|||| |||||Para 1.38| |Policy on|social investment|||| |including|program||related|| |investment||||| |||||Para 1.38| |Contribution||made|by|| |volunteers||||| |Other||||| ## |Achieve|men|ts|and Per|formance|| |---|---|---|---|---|---| |||||SORP reference|| ||||||The HL Foundation's
main activities are| ||||||fundraising
for our Charity ofthe Year.| ||||||In 2022 we had 2charities ofthe Year,| |Summary
ofthe main
achievements
ofthe charity,||||Para 1.20|Bristol Mind and 1625IP.The HL
Foundation
raised over 835,000from| |identifying|the|difference the|||colleagues
in 2022. Over 611,000ofthis| |charity's|work|has made to|||fundraising
came from the Ukraine| |the circumstances|||of its||appeal
in early 2022 to support
people in| |beneficiaries
and|||any wider||Ukraine.
Nearly a further F10,000came| |benefits to society as a|||||from six lotteries held throughout
2022,| |whole.|||||ofwhich over half came from the| ||||||December Christmas
lottery where
HL| ||||||directors donate some fantastic prizes.| ||||||Over 614,000was raised by a number of| ||||||other events and appeals.
These| ||||||included:| ||||||~
Sleep out for 1625—challenging| ||||||colleagues to sleep rough for the| ||||||night to raise money and| ||||||awareness
ofthe challenges| ||||||faced b
homeless
eo le.| |~|Bristol half marathon
and 10k-| |---|---| ||Bristol's running
event —HL pay| ||for colleagues to enter as part of| ||the event's corporate entry but| ||we ask colleague
running
to| ||fundraise
or donate at least 625.| |~|Sky dive —Organised
through| ||Bristol Mind, a group of| ||colleagues fundraised
to take| ||part in a skydive.| |~|Break the Cycle - Bristol Sport| ||Foundation's
annual fundraiser-| ||offers colleagues three cycle| ||routes ofvarying
challenge.| |~|Miscellaneous
events —there| ||were also several other small| ||events such as the Easter| ||scavenger
hunt and the helpdesk| ||touch rugby tournament
which| ||contributed
to our fundraising| ||total for the year.| |As well|as fundraising,
we had a| |strategic review ofthe HL Foundation|| |and what we wanted to achieve. This|| |culminated
in a decision to align the HL|| |Foundation
with HL Pic's Responsible|| |Business Strategy from 1 January
2023|| |which|is focused on improving
financial| |resilience
in the community.|| |Consequently,
we formed a partnership|| |with Just Finance Foundation
and|| |committed
to donate
650k each year for|| |3years|and changed the criteria of| |charity|HL colleagues could put forward| |to vote|for our Charity ofthe Year to| |have a|strong
link to financial education| |and resilience.|| |Achievements
against|Para 1.41| |---|---| |objectives set|| |Performance
offundraising
activities against objectives|Para 1.41| |set|| |Investment
performance|Para 1.41| |against objectives|| ## |Financial
Review||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Review ofthe charity's|||Para 1.21|The Charity||remains|in a|strong financial||| |financial
position at the|end|||position|during the||reporting||period|| |ofthe
eriod||||||||||| |Statement
explaining
the|||Para 1.22|The Charity's||constitution||outlines||there| |policy for holding
reserves||||must always||be a 10kreserve|||present.|| |stating
why they are held||||This is|to allow for any emergencies|||||to| |||||be miti|ated|||||| |Amount ofreserves
held|||Para 1.22|638,128.66||||||| |Reasons for holding zero|||Para 1.22|n/a||||||| |reserves||||||||||| |Details offund materially||in|Para 1.24|n/a||||||| |deficit||||||||||| |Explanation
ofany|||Para 1.23|n/a||||||| |uncertainties
about the||||||||||| |charity continuing
as a going||||||||||| |concern||||||||||| |Additional
information|(optional)|||||||||| |You ma
choose to include||further statements||where relevant||about:||||| |The charity's
principal
sources offunds (including|||Para 1.47|||||||| |any fundraising)||||||||||| |Investment
policy and
objectives including
any|||Para 1.46|||||||| |social investment
policy||||||||||| |adopted||||||||||| |A description
ofthe principal|||Para 1.46|||||||| |risks facing the charity||||||||||| |Other||||||||||| ## ## |tructure,|Governance|Governance|and Man|agement|| |---|---|---|---|---|---| |Description|ofcharity's|||NIA|| |trusts:|||||| |Type of governing||document||Constitution|| |trust deed,|ro al charter||||| |How is the charity|||Para 1.25|CIO|| |constituted?|||||| |(e.g unincorporated|||||| |association,|CIO||||| |Trustee selection||methods|Para 1.25|The Foundation
needs a mix ofskills|| |including
details of any||||and experience amongst
its trustees|and| |constitutional|provisions e.g.|||so it is essential for the Board to identify|| |election to post or name of||||potential
new trustees and plan for|| |any person|or body entitled|||trustee succession to ensure continuity|| |to appoint one or more||||on the Board.|| |trustees|||||| |||||Appointed
trustees for the Foundation|| |||||may be drawn from a number of|| |||||different sources: from its stakeholders,|| |||||by advertisement
or by way ofpersonal|| |||||recommendation.
Nominated
trustees|| |||||shall most likely be employees
or|| |||||otherwise
connected
with Hargreaves|| |||||Lansdown
pic.|| |||||Under the Constitution,
no individual|| |||||may be appointed
as trustee
ifthey are|| |||||disqualified
from acting as a charity|| |||||trustee
by virtue ofsections 178-180|of| |||||the Charities Act 2011,ifthey are under|| |||||16years ofage or ifthey have not|| |||||accepted the office ofcharity trustee.|| |||||Irrespective of how potential trustees|| |||||are identified,
the trustees
must ensure|| |||||that:|| |||||1. Their skills fit with the trustees'|| |||||requirements
in the short and|| |||||longer term;|| |||||2. They are not disqualified
from|| |||||acting as a company director or|| |||||charity trustee; and|| |||||3. The new trustee understands|the| |||||responsibility
he orshe is taking|| |||||on and consents to act.|| |Policies and
adopted
for|procedures
the induction|Para 1.51| |---|---|---| |and training|oftrustees|| |The charity's
organisational
structure
and an
wider||Para 1.51| |network|with|which the|| |---|---|---|---| |charity|works||| |Relationship||with any related|Para 1.51| |parties|||| |Other|||| ## |Charit
name||The Har reaves Lansdown|Charitable|Foundation| |---|---|---|---|---| |Other name the charit
uses||HL Foundation||| |Re istered chari|number|1167927||| |Charity's
principal|address|One College Square South,|Anchor Rd, Bristol BS15HL|| ## |mes|ofthe|charity trus|tees who manage|the charity|||| |---|---|---|---|---|---|---|---| ||Trustee|name|Office (ifany)|Dates acted if not for whole
ear|Name
to a|of person (or body) entitled
oint trustee
ifan|| |1|Danny|Cox|Chair||||| |2|Tim Monelle||||||| |3|Rob Byett||||||| |4|John Smith||||||| |5|Heather|Williams|||||| |6|||||||| |7|||||||| |8|||||||| |9|||||||| |10|||||||| |11|||||||| |12|||||||| |13|||||||| |14|||||||| |15|||||||| |16|||||||| |17|||||||| |18|||||||| |19|||||||| |20|||||||| ## ## ## |Description
ofthe assets|| |---|---| |held
in this capacity|| |Name and objects ofthe|| |charity on whose behalf|the| |assets are held and how|this| |falls within the custodian|| |charity's
objects|| |Details ofarrangements|for| |safe custody and|| |segregation
ofsuch assets|| |from the charity's
own|| |assets|| ## ## |Names an|d addresses
ofadv|isers (Optional
information)||| |---|---|---|---|---| |Type of|Name|Address||| |adviser||||| |Name of|chief executive or names ofsenior staff members||(Optional|information)| ## ## ## ## ##