Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB ||**Charity Name**
**The Hargreaves Lansdown Charitable Foundation**|**Charity Name**
**The Hargreaves Lansdown Charitable Foundation**|**Charity Name**
**The Hargreaves Lansdown Charitable Foundation**|**No (if any)**
**1167927**|**No (if any)**
**1167927**|**No (if any)**
**1167927**|**No (if any)**
**1167927**| |---|---|---|---|---|---|---|---| ||**For the period**
**from**|Period start date
01/01/2023|**To**||Period end date
31/12/2023||| ||||||||| |**Section A Receipts and payments**|||||||| |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest £**
**152,994**
**34,959**

**187,953**
**-**
**-**
**187,953**
**989**
**3,284**
**261,882**
**266,156**
**-**
**-**
**266,156**
**- 78,203**
**-**
**217,243**
**139,040**|**Restricted funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**Total funds**
**to the nearest £**
**152,994**
**34,959**
**187,953**||| |Donations Received|**152,994**||||||| |FundraisingEvents|**34,959**||||||| |**_Sub total_**_(Gross income for_
_AR)_|
**187,953**||||||| ||||||||| |**A2 Asset and investment sales,**
**(see table).**|||||||| |**n/a**|**-**||||**-**||**-**| |**_Sub total_**|**-**||||**-**||**-**| |**_Total receipts_ **
**A3 Payments**|||||||| |
Account Charges|**989**||||||| |Cost of Fundraisingevents|**3,284**||||||| |Grants and donations made|**261,882**||||||| |**_Sub total_ **|**266,156**||||||| ||||||||| |**A4 Asset and investment**
**purchases, (see table)**|||||||| |
**n/a**|**-**||||||| |**_Sub total_ **|**-**||||||| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**|||||||| ||**- 78,203**|**-**|**-**||**- 78,203**||**2,464**| ||**-**|**-**|**-**||**-**||**-**| ||**217,243**|**-**|**-**||**217,243**||**214,779**| ||**139,040**|**-**|**-**||**139,040**||**217,243**| 01/10/2024 CCXX R1 accounts (SS) 1 #Confidential Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**|(agree balances with receipts and payments account(s))
**Details**
Cash at bank
Other cash
**_Total cash funds_**
**Details**
n/a
**Details**
Collection of collector edition coins donated
Donated listed equities
**Details**
**Details**
n/a
n/a
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**139,040**
**-**
**-**
**-**
**139,040**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Unrestricted**
**-**
**Unrestricted**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
Print Name
Craig Blackmore
Sophie Cole|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
OK
**Endowment**
**funds**
**to nearest £**
**-**
**Current value**
**(optional)**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**When due**
**(optional)**
Date of
approval
07 October 2024
07 October 2024| |---|---|---|---| 01/10/2024 CCXX R2 accounts (SS) 2 #Confidential ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** |**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**|The Hargreaves Lansdown Charitable Foundation|The Hargreaves Lansdown Charitable Foundation|The Hargreaves Lansdown Charitable Foundation| |---|---|---|---| ||||| ||31 December 2023|**Charity no**
**(if any)**|1167927| ||||| ||1||| - I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31 / 12 / 2023** . **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. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** 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 I have no concerns 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. **Signed: Date:** 8th October 2024 **Name:** Robin Vowles **Relevant professional** Member of Institute of Chartered Accountants of Scotland **qualification(s) or body (if any): Address:** 9 Old Park Road, Clevedon, Somerset, BS21 7JH **October 2018** 1 **IER** Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB ## **Trustees’ Annual Report for the period** **From Period start date: 01/01/2023 To 31/12/2023 Period end date** **Charity name: The Hargreaves Lansdown Charitable Foundation** ## **Charity registration number: 1167927** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The objectives of the CIO are to further**
**such exclusively charitable**
**purposes according to the law of**
**England and Wales as the trustees in**
**their absolute discretion from time to**
**time determine**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**Fundraising by volunteers for the**
**benefit of the charities, nominated by**
**and voted for by HL Colleagues.**
**Donation from HL plc.**
**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 of our**
**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(ies) of the year benefits from**
**the majority of the 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**| Confidential Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB |||**Foundation.**| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**New Trustees must undergo a**
**recruitment process involving**
**submission of application form**
**addressing suitability for the role and**
**then an interview by at least two of the**
**serving trustees.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: 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 ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The HL Foundation’s main activities are**
**fundraising for our Charity of the Year.**
**In 2023, our Charity of the Year was**
**FearFree, a charity working to break the**
**cycle of domestic abuse, sexual**
**violence and stalking across the**
**Southwest of England.**
**The HL Foundation raised over £46,000**
**from colleagues in 2023. Just under**
**£15,000 came from a number of lotteries**
**held throughout 2023, of which just**
**under £7000 came from the December**
**Christmas lottery where HL senior**
**leadership donate some fantastic prizes.**
**£20,000 was raised by a number of other**
**events and appeals. These included:**
•
**Bristol Half Marathon and 10k –**
**Bristol’s running event. The cost**| Confidential Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB |**of HL colleagues entering was**| |---| |**covered by HL plc and colleagues**| |**who ran were asked to fundraise**| |**or donate at least £25.**| |•
**Break the Cycle – Bristol Sport**| |**Foundation’s annual fundraiser.**| |**This offers colleagues three**| |**cycling routes of varying**| |**challenge.**| |•
**16 Days Challenge from 25th**| |**November to 10th December – A**| |**period of 16 days of activism**| |**against gender-based violence,**| |**an annual international campaign**| |**connected to our COTY FearFree,**| |**where we aimed to make over**| |**£5000 by conducting various**| |**fundraising initiatives linked to**| |**the number 16 (such as cycling**| |**16km), collecting donations and**| |**encouraging colleagues to do**| |**their own fundraisers.**| |•
**Miscellaneous events – there**| |**were also a number of other**| |**small events such as bake sales,**| |**Christmas craft stalls and netball**| |**and tennis tournaments which**| |**contributed to our fundraising**| |**total for the year.**| |**The remaining amount came from**| |**initiatives such as Payroll Giving where**| |**colleagues choose to donate a portion**| |**of their salary each month. This raised**| |**just under £12,000 in 2023.**| |**As well as fundraising, the Trustees had**| |**a strategic review of the HL Foundation**| |**and what we want to achieve. We**| |**developed a new strategy, to be**| |**launched in 2024, to broaden the**| |**Foundation’s reach and deepen its**| |**impact by supporting and distributing**| |**funds across two local charities in**| |**addition to our national partner. We**| |**decided to move from supporting a**| |**charity for only one year to a 2-3 year**| |**timeframe for the benefit of the**| |**Foundation as well as the charities. The**| |**HL Foundation continues to align with**| |**HL plc’s Responsible Business strategy**| |**which is focused on improving financial**| |**resilience in the community and so all**| |**three charities must continue to have a**| |**strong link to financial education and**| |**resilience.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: Confidential Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| Confidential Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The Charity remains in a strong financial**
**position during the reporting period.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The Charity’s constitution outlines there**
**must always be a 10k reserve present.**
**This is to allow for any emergencies to**
**be mitigated.**| |Amount of reserves held|Para 1.22|**£10,738**| |Reasons for holding zero
reserves|Para 1.22|**n/a**| |Details of fund materially in
deficit|Para 1.24|**n/a**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**n/a**| ## **Additional information (optional)** You may choose to include further statements where relevant about: The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other Confidential Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB ## **Structure, Governance and Management** |Description of charity’s
trusts:||**N/A**| |---|---|---| |Type of governing document
(trust deed, royal charter)|
Para 1.25|**Constitution**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**The Foundation needs a mix of skills**
**and experience amongst its trustees and**
**so it is essential for the Board to identify**
**potential new trustees and plan for**
**trustee succession to ensure continuity**
**on the Board.**
**Appointed trustees for the Foundation**
**may be drawn from a number of**
**different sources: from its stakeholders,**
**by advertisement or by way of personal**
**recommendation. Nominated trustees**
**shall most likely be employees or**
**otherwise connected with Hargreaves**
**Lansdown plc.**
**Under the Constitution, no individual**
**may be appointed as trustee if they are**
**disqualified from acting as a charity**
**trustee by virtue of sections 178-180 of**
**the Charities Act 2011, if they are under**
**16 years of age or if they have not**
**accepted the office of charity 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 or she is taking**
**on and consents to act.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 Confidential Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charity name|The Hargreaves Lansdown Charitable Foundation| |---|---| |Other name the charity uses|HL Foundation| |Registered charity number|1167927| |Charity’s principal address|One College Square South, Anchor Rd, Bristol BS1 5HL| ||| Confidential Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||DannyCox|Chair||| ||Tim Monelle|||| ||Rob Byett||1 January 2023 – 10
March 2023|| ||John Smith||1 January 2023 – 26
September 2023|| ||Rachel Gill||10 March 2023 – 31
December 2023|| ||Gemma Tee||10 March 2023 – 31
December 2023|| ||Katie Hooper||10 March 2023 – 31
December 2023|| ||Anna Louden||10 March 2023 – 31
December 2023|| ||Amy Stirling||10 March 2023 – 31
December 2023|| ||Sophie Cole||10 March 2023 – 31
December 2023|| ||Sophie Mitchell||12 December 2023 – 31
December 2023|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** Confidential Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB Confidential Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** Confidential Docusign Envelope ID: E39D2E8A-8C4F-434E-888D-B6115C2EBACB ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||
Craig Blackmore|Sophie Cole| ||
Trustee|Chair| ||
07 October 2024|| ||
07 October 2024|| Confidential