THE HENDY AND PENDLE
CHARITABLE TRUST
INDEX TO THE TRUSTEES. ANNUAL REPORT
AND FINANCIAL STATEMENTS FOR
THE YEAR ENDED 5 APRIL 2022
Page
Trustees. Annual Report
Independent Examlners Report
Statement of Flnancial Actlvlties
Balance sheet
Notes to the finanaal statements
CHARITY REG. NO. 1172754

THE HENDY AND PENDLE
CHARITABLE TRUST
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 5 APRIL 2022
The Trustees present thelr report together with finanual statements for the year ended 5 April 2022.
REFERENCE AND ADMINISTRATIVE DETAILS
Trustees
Sir Peter Hendy and Ms Sue Pendle
Reglstered Offi
27 Mount Ararat Road, Rithmond TWIO 6PQ
Independent Examlner
Rlchmond Accountlng Services. Parkway House.
Sheen Lane, London SW14 8LS
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governln8 Document - the Trust was established by a Trust Deed dated 22 December 2016 and was
registered as a charity on 25 Aprll 2017. The founders of the Tnjst are the current trustees, and they will
be responsible for recruiting additional trustees as the need arises.
Rlsk Management pollcy - the Trustees have a risk mana8ement strategy which comprises a contlnual
review of the risks the charlty may face, and systems and procedures to m5ti8ate any risks Identlfied,
minimising any potentlal impart on the charity. The Trustees have examined the major rfsks that the Trust
faces and are satisfled that systems are in place to miti8ate these risks.
Publlc Benelft- the Trustees have rewewed the Charrty Commission's guidance on the requirement to
report on public benefit. They are satisfied that the work of the charity, as destribed below, accords with
Its stated objertives, and provides tangible public benefit to an appropriate Section of those who reside
within the charity's area of benefit.. they believe that the crlteria used to assess those who may benefit
are not unreasonably restrlctive.
AIMS AND OBJEcfivES
The charitable objects of the Trust are To advan￿ such Charitable purposes (according to the law of
England and Wales) and in such manner as theTrustee5 see fitfrom time to time benefiting people, causes
and other charities anywhere in the world,.
CHARITY REG. NO. 1172754

THE HENDY AND PENDLE
CHAIUTABLE TRUST
The Trust operates by making grants for
The advancement of arts. culture, heritsge, and sdence, in Rtchmond upon Thames or elsewhere
In the United Kingdom.
The relief of those In need by reason of youth, age, ill-health, dlsabilty, financial hardship, or other
disadvantsge In Richmond up(w) Thames, or elsewhere in the United Kingdom or the World
The provision of publlc works and servlces and provlslon of public amenities, In and around the
village of Imber, Wiltshire.
The preservatlon of public transport history, partSoJlarly buses and railways
CHARITY REG. NO. 1172754

THE HENDY AND PENDLE
CHARITABLE TRUST
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 5 APRIL 2022
ACHIEVEMENTS DURING THE YEAR
These flnancial statements cover the fourth full financial year of operatlon of the trust, from 6 April 2021
to 5" Aprll 2022.
A total of £30,(KJO was donated to the Trust by its founders durfng the year.
As part of Its asset5 the Trust owns two hlstoric double-decker buses, and the Trusys activities Indude the
use of these to provlde fundraising outlng5 and £17,482 was raised for the trust, in this way, during the
year.
Bus related costs and accountancy expenses were met. £30,911 wa5 donated to charltles In accordan
with the Trusvs objectives, leavi￿ a surplus of £142.364 at the end of the year, which is carrled fonvard.
STATEMENT OF TRUSTEE RESPONSIBILITIES
Charity law requires the Trustees to prepare finanaal ststernents for each flnandal year, whlch glve a true
and fair view of the stste of affairs of the tharlty and of the net income or expendlture for the year.
In preparln8 the flnancial ststements the Trustees are required to= Select suitsble accountlng pollcle5 and
apply them conslstently,. make Jud8ements and e5tlmate5 that are reasonable and prudent,. and prepare
the financial statements on a going concern basls unless it is inappropriate to do so.
The Trustees are responsible for keeplng proper accounting records whlch disclose wrth reasonable
accuracy at any tlme the financial position of the tharfty and to enable bt to ensure that the flnancial
ststements comply with the Charities Act 2011. The Trustees are also responslble for safe8uardlng the
assets of the charity and hence for tsking steps for the prevention and detection of fraud and other
Irregularities.
INDEPENOENT EXAMINER
Richmond Accounting Services has been appointed as Independent Examiner approved by the
Tru
ees at their meetin8 on
and signed by
Sir
eter Hendy-Trustee
Ms. Sue Pendle- Trustee
CHARITY REG. NO. 1172754

THE HENDY AND PENDLE
CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT TO
THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2022
I report to the charity trustee5 on my examination of the accounts of the Trust for the year ended 5 April
2022 set out on pages 5 to 9.
Responslbllltles and basls of report
As the charity's trustees, you are responslble forthe preparation of the accounts in accordance with the
Charities Art 20111'lhe Act'l.
I report In respect of my examination of the Trust's accounts carrled out under section 145 of the 2011
Act and in carrying out my examination, I have followed all the applicable Directions given by the Charlty
Commisslon under section 14SISllbl of the Act.
Independent Examlnees ststement
I have completed my examination. I confirni that no materfal matters have conTe to my attention in
connertion with the examlnation which gives me cause to believe that in, any material respert:
the accounting records were not kept In accordan￿ wlth section 130 of the Act.. or
the accounts dld not accord with the accounting records,. or
the accounts did not comply wlth the appllcable requlrements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requlrement
thatthe accounts give a *rue and fair, viewwhich Is nota 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
attentlon should be drawn in this report in order to enable a proper understandln8 of the accounts to be
reached.
On behalf of Richmond Accounting SeNces
Parkway House, Sheen Lane, London SW14 8LS
27June 2022
CHARITY REG. NO. 1172754

THE HENDY AND PENDLE
CHARITABLE TRUST
STATEMENT OF FINANANCIAL ACTIVITIES
FOR THE YEAR ENDED 5- APRIL 2022
Incomlng
Resources
2021-22
In¢ome:
Donations recelved
Glft Aid reclaimed on donations
Income from charitsble activitles
Interest
Other income
17,482
Totsl Incomlng Income
Resources Expended
Costs of charitsble activities
l)onations made
Other costs
Governance costs {legal and accountan¢y fees)
30,911
27.383
Totsl resources expended
59.014
Nét chang• In resources for the year
4,031
Funds brou8ht forward
146.395
Funds carrled forward
The above results relate wholly to continuing acti¥ities. All funds are Unre5trirted.
There were no recognised gains or losses otherthan those induded above.
CHARffY REG. NO. 1172754

THE HENDY AND PENDLE
CHARITABLE TRUST
BALANCE SHEET
AS AT 5 APRIL 2022
2022
Herlts8e Assets:
Vehicles
250
Currqnt Assets:
Debtors and Prepayments
Bank Balan￿$
11,834
IL834
Credltors due wlthln one year-
Creditors and acuuals
720
Net Current Assets
Il114
Total assets less current Ilabllftles
142,364
Fund balances
141364
These flnanclal statements were approved by the Trustees at their meeting held on
51gned bythem:
and were
Sir Peter Hendy- Trustee
Ms. Sue Pendle-Tru5tee
The actompanying accounting poliaes and notes on pages 8 and 9 fomi an Integral part of these flnanclal
statements
CHARITY REG. NO. 1172754

THE HENDY AND PENDLE
CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2022
I. PRINapAL ACCOUNTING pouaES
The flnanclal statements have been prepared under the historical rnst convention in accordan￿ wlth the
Flnanclal Reportin8 Standard for Smaller Entities, the Charities Art 2011 and the requlrements of the
Statement of Recommended Prarttce, Accountin8 and Reporting by a)arltles ISORP FRS1021. The charity
Is a publlc entity as def5ned under FRS102. There are no material uncertainties affecting the ability of the
charlty to continue as a 80ing concern
Incomln8 resourtes- all Incomin8 resour¢es are Sncluded inthe Ststement of Financlal Attlvities when the
Trust Is entitled to the Income and the amount can be quantified with reasonable accuracv.
Resources expended- Expenditure Is recognised on an attrual basis as a Ilability Is incurred. Expendlture
lftcludes any VAT which cannot be fully recovered and is reported as part of the expenditure to which It
relates.
Tan8lble Ilxed assets and dopredatl¢M- Herftage Assets- TheTrust owns two vintage buses whlch It use5
In Its tharitsble actlvitles. These are reported In the Balance Sheet at estlmated market value- gains and
losses on revaluatlon wlll be recognlsed In the Statement of Flnandal Actlvlties.
It IS the Trust's pollcy to malntsln Its vehldes In full workln8 order and maintenance and running Costs
are charged to the Income and Expenditure Account when inujrred. The buses are deemed to have
Indetemiinate Ilves and the Trustees do not therefore consider tt approprlate to tharge depreclation.
Fund Accountlng- Unre5trirted funds are availablefor use at the discretion of the trustees In furtherance
of the general ob5ectives of the tharity. Restrlcted lunds are subjected to restrictlons ¢)n thelr expenditure
Imposed by the donor. Expenditure whlch meets these criteria Is charged to the fund, together wlth a falr
allocatlon of management costs. Further explanatlon of the nature and purpose of each fund Is Included
in the notes to the financial ststements.
T4xatlon-The Trust Is a registered tharity and as such tsx exemption applies to the income arlslng from
and expended on charitsble artivities.
2. TRLISTEE REMUNERATION AND EXPENSES
The trustees did not receive any remuneration or reimbursed expenses from the Trust.
CHARITY REG. NO. 1172754

THE HENDY AND PENDLE
CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 5 APRIL 2022
3. GRANTS PAID
2021-22
Friends of St Giles'5 church
NHRA
Wilts Independent Livir
Royal British Legion
Railway Children
LTmuseum
5,661
Donatlons of les5 than £2,Crf)017 in totsll
Total
30,911
FIXED ASSETS
The Trust owns two vintage buses whlch rt uses in its artlvttles, one donated by a Trustee and valued at
£120,000 and one purchased for £11,250, a total of £131,250. The Trust consider5 these to be Heritage
A55ets and does not charge depreciatlon.
5. CAPITAL COMMrrMENfs AND C(JYfiNGENT UABILMES
There were no capital commitments or contingent liabilities as at 5 April 2022.
CHARITY REG. NO. 1172754