2024-02-29-accounts

THE HUSSEY FOUNDATION (A company limited by guarantee and not having a share capital) Annual r¢port and accounts for the year ended 29 February 2024 Charity W.:_ Registered N... 1171895 10014403

THE HUSSEY FOUNDATION Annual report and accoullts for the yeAT ended 29 Febrnary 2024 ConteDts Page Trnstees. report 112 Independent Examiner's Report Balance sheet Statement of fillancial activities Not¢s to the accounts 6n Comp•lly illforniation Trustees A A Hussey Mrs J Hussey M T Hussey Miss S N Hussey Registered office 308 High Street Croydon Surrey CRO ING BaDk¢rs Natwest 27 Woodcote Road Wallington SuTrey SM6 OLN Reporting accountants Siba and Company Chartered Accountants 308 High Street Croydon Surr¢y CRO ING

THE HUSSEY FOUNDATION Trustees, report for the year eDded 29 February 2024 The Trustees present their AJ)nual Report together with the aCco￿lS of the charity for the year ended 29 February 2024, which also m¢¢t the rwuirements for a dIr￿torS, report and a￿OuntS for Compani¢s Act PUryKJses. Principal activity. objectives aDd governance Th¢ Huss¢y Foundation {th¢ charity) was established with the object of advancing charitable puryoses through making grdnts to appropriate institutions and individuals. The charity is a company limited by guardntee governed by its Mernoranduni and Articles of Asswiation daled 19 February 2016. The charity was registered with the CILarity Commission on 3 March 2017. Thr charity is govcmcd by a Board of Trustces in accordancc with th¢ gov￿nitlg documcnt. Tru5tCCs In¢clit aTe held severdl times a yegT and the Twstees are in regular communication. In the planning of activities during the year the TnLSt¢es gave due ￿nsId￿tIOn to lh¢ Charity Commission's published guidance on public ben¢fit. ReiTrew and FinAneial Review of the Yetdr During the year. the charity received donations of £48,0(K) (2023 - £14,000) al￿ continued to consider applications. No grants were awarded during the year but in previous years the charity has supported Sutton United Football Club. for Dis2bility Football. Sr Raphael's Hospice and Sutton Night Watch. At the year-end £71.084 (2023 - £23.090) was held in UDr¢stri¢ted fullds to k used in luture p¢riods. Risk Re￿eW The TtlLslees cany out periodic reviews of the major risks to which the charity is exwsed. Systems and proccdurcs havc bccn cstablishcd to mitigatc thosc idcntificd so as to Mini￿5¢ any potcntiai impact on the Ch￿ily. Affiliation The charity is not affiliated to any other charity. Trustees The TrLLslees who served during the period were as follows: A A Hussey Mrs J Hussey M T Hussey Miss S N Hussey Re5erve5 policy The In￿teeS have established a policy of I￿ldIng resetves Su￿1clent to enable the charity to continue in the event of UDforeseen expenditure.

THE HUSSEY FOt]NDATION Trn5tee5' report for the year tnded 29th Febnwy 21124 Statement of Trnstees. respoD5ibQilies Th¢ Truste¢s {who are also the direc￿ of the charity for the pur[m￿ of ¢OmFony laiv) are responsible for prew1￿ the Tn￿. Annual Rq￿ and the accounts tn accordatKe with opplicabk law and United Kingd AccouTrliDg Stsndards (Unitd KiDgdom G¢llerally Acr¢pted AccoUutitigP￿¢ti¢c). CompaDy law requires the TnL5t¢es to prepare accounts for each f￿a￿la1 year. Undtr eoJnpaDy law the trusttts not apptove the a￿oll￿ts w￿¢s$ tbey are SatiSfi￿that they giv¢ a and fair view of thc state of affair5 of the clwitablc company and of the IDCOrri￿ resourcts aud application of resourc¢& TDeluding the oE6eThe the mrthods andwinciples in the Charities SORP, makeiudgementsaTrl ¢stiTnattt ttwt are trAsollable aThl wud•]L state wh￿￿er applicable UK Acethrnti￿ Standards have bc￿ follort subje£t to di5clcGed Th¢ Tn]5te¢s are wnsilAe for Toaiotsillittg pr<w a￿)UntIllE TeC0￿S that di5dose with reasonabl¢ at the ComptiDi&s Act ?006.. IFry are also rwible for safegLLltdiDÈ the assets of the cbaritsbl¢ company and benc£ takn8 reasonabk steps forthe prevelltion alld de￿IOn of fiaud and otI￿r Rtregtsiaritiu. Part 15 ofthc Compallics Act 2(Akfj. Approved by d￿ Tru5*¢s on November21f24 al￿ signedon their AAHw

THE HUSSEY FOUNDATION Independenl examlDer's report to the trystea ofTrHwMey Fovnd•¢ion I report to th¢ ¢haTity trustees on my ex¥JDinatiim of the accoTllts of The Founthon (the cljarity) for d yw enthd 29. Febnwy 2￿24. RespomsRbliiti￿ Ind basls of report As the truste¢8 of the cknity (and also its directors for the putpose of the con]pw law) you are rwotL4ble for the prepaJatioL of tb¢ a￿)ullts in a¢¢ordpnce with the requirements of the Cwwi¢8 Act ('thc 2(K)6 Act). HaviDg 5ati5fied myself that th¢ aLYounts of the clmity are not rwuired to b¢ audited urth Port 16 of the 2006 Act and are eligible for itidep¢U￿ examinatio￿ I report in res￿rt of my exatnination of your cb8rity's a¢coullts a% C4￿led under ￿tioti 145 of the Charities Act 2011 (ttbe 2011 A(t'). tn carryitig out my exami￿0￿ I have followeAI the DiwttOL8 given by the Cknity ComtDiwon under section 145(5) (b) of the 2011 Act. Iudependellt exaniiner'5 St2t¢ment I Iwv¢ ¢onwletoJ my eXami￿tI￿L I wnfitm that no have come to attention in C¥DDxlion with the 8ccoi]rityreeord8 were Dot kept in re4Kd of the cjharity as r4uired by s¢ciion 386 ofthe 2￿6A¢¢ or the aec(Mmts Ilo not cotttply wth the a¢¢ouDtrg Ieqiii￿￿ of section 396 of the 2C(h5 Act other thao any reqU￿ellt that the give a 'tsue 8nd fair view. is not a matrer coL%ideted as part of all the accounts havo not been prepared in accwdall¢e with the methoth athd principks of the stste￿ellt of Recommendd Prnctice for accourAtirLg and rewtiDg by ¢bariti&s app]ithie to c1wtt1￿ pre￿]￿ their accolmts io ac¢oTdance with the Financial Repornng Stsndard applicable iti the iJK and Republic of hrlaud (FRS 102). Miros]av Siba FCA 308 High Street . SwTey CRO ING l* November 2024

TUE HUSSEY FOiJNDATIOF4 BalJnce sbeetas at 2P Febrw 2024 2024 2023 Casbat ba]]k NET ASSErs Th¢ compauy was enlitlal to exemplion from a￿lIt under S￿tiOn 477 of the C¢mparrits Act 2006 relatitig to The llmbers FAve Mt willred the comrAny to obtaill JD audit in ￿e0￿nCe with 8eLtion 476 of the Companies Act 2006. The Trt￿ ackDowLedge their r&qp)nsibiliii&4 for complying with the rquiranettts of the Com￿lle5 Act 21J)6 with reSp￿t to aecouniing and the prewauon of aeeount& These accourts bav¢ b¢en iu aceonjw with the tmViSiO]Lq applie&ble tt) maLi comp2Dies sllbi￿ to the small e4)mpDi&s IC￿e and IJ aca)rdw withFRS102 SORP. Apptov&lby the Tntsttts on IP Novcnthf¥2024 alld signtsl ¢)n theirbeha]fby AAH

THE YUSSEY FOUNDATION StstsmeDI of fJnaD¢ial activities (including income and expendilure a¢¢ount) for the year euded 29 February 2024 Note 2024 2023 Illcome Donations 48.000 14,000 Expenditsre Bank charges Net income and llet movement ID funds for the year 47,994 14.000 RecoDci]iatioD of fullds Total funds brought forward Totsl funds carried fonvard 090 The statement of financial activities includes all gains aDd losses r￿ognIsed in the yeaT. All inwm¢ and expendittwe d¢riv¢s from continuing activities. All fimds are vnrestricted.

THE HUSSEY FOtll¥DATION Notes to the aecounts for the year ended 29" February 2024 ACCOUNfiNG POLICIES Basis of aeeounting The aecounts have been prepared in accordance wilh Accounting and ReN)rting by Charities: Statement of RecorLllnended Practicc applicable to ckLan"tics preparing their accounts in accordancc with thc Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective I" January 2019), with FRS102 and with the requirements of the Charities Act 2011 and the Companies Act 2006. The H￿SeY Foundation meets the defmition of a public benefit entity under FRSIO2. The accounts have been prepared under the historical cost convention. Currency and rounding The accounts are presented in sterling and rounded to the nea￿st £1. Income recognition All income is recognised once the charity has entitlement to the incom< it is probable that the income will be received and the amount of income receivable can be measured reliably. Re50uree% expended Expenditure ts recognised on an accnjal basis as a liability is incurred. Expenditure includes ally VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Charitable exp¢nditur¢ ¢ompris¢s those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It tttcludes both costs that can be all(Kated directly to such activities and tbose costs of an indirect nature n￿eSSary to Sup[￿ them. Going ¢on¢ern The tr￿SleeS consider that there are no material uncertainties about The Hussey Foundaiion's ability to continue as a going concern. Unrestricted funds Unrestricted funds are donations and other in￿ming resour￿8 ￿e1Vable or generated for th¢ objects of the charity without further specified purpose and are available as general fijnds. tKJNATIONS All donations received in the year and in pr¢Nious periods r¢lale to unr¢stricted fi￿d5.

THE HUSSEY FOifNDATION Iyotes to the &ecouttts for the year ended 29 February 2024 th EXPENDtfuRE ON CHARITABLE ACTIVITIES 2024 sUp￿￿rt Costs 2023 Support Costs Dircct Costs Direct Costs Total Total Donations to charitsble organisations Bank charges The independent examiner's remuneration is paid by a relat￿j party. Direct Chauffeur Linc Limitcd. STAFF AND TRUSTEES The charity had no employees during the year (2023- none). The charity trustees were not paid and did not ￿¢1ve any benefits from the charity during the year (2023 nil}. No expenses were reimbursed to trustees and no charAty trustee received pa)rynent for professional or other services supplied to the c]]arity (2023- nil). RELATED PARTY TRANSACTIONS Mr A A Hussey, Mrs J Hussey and Miss S N Hussey are also the directors of Direct Chauffeur Line Limited and Noble Claims Services Limiied. DuTing the period ended 29 Febnw 2024, these companies llthde donations under gift aid totslling £48,000. COMPANY STATUS The charity is a Company limited by guarantee. The ttLernbers of the company are the Trustees named on page l. tn the event of the charity being wound up, the liability in respeci of the guarantee is limited to £1 per member of the charity.