THE HENDY AND PENDLE CHARITABLE TRUST INDEX TO THE TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Page Trustees, Annual Report Independent Examiners Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements CHARITY REG. NO. 1172754
THE HENDY AND PENDLE, . CHARITABLE TRUST . TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2024 The Trustees present their report tO8ether with financial statements for the year ended 5 April 2024. REFERENCE AND ADMINisfRATIVE DETAILS Trustee5 Peter. Lord Hendy of Richmond Hill and Ms Sue Pendle Registered Offi 27 Mount Ararat Road Richmond TWIO 6PQ Independent Examlner Richmond Accounting Services Parkway House. Sheen Lane, London SW14 8LS STRucfuRE, GOVERNANCE AND MANAGEMENT Govemlng Document - the Tt was estsbllshed by a Trust Deed dated 22 Dember 2016 and wa5 registered as a charity on 25 April 2017. The founders of the Trust are the current trustees, and they wlll be responsible for recruiting additional trustees as the need arises. Risk Management policy - the Trustees have a risk management strategy which comprises a continual review of the risks the charlty may fa, and systems and procedures to mitigate any risks identified, minimising any potential impact on the charity. The Tntstees have examined the major risks that the Trust faces and are satisfied that systems are in place to mitigate these risks. Publlc Benefft - the Trustees have reviewed the ChaTvty Commission's guidance on the requirement to report on public benefft. They are satisfied that the work of the charity. a5 described below, accords wlth its stated objectives. and provides tangible public benefft to an appropriate Section of those who reside . th•y b•J•w tha cvi+•ria u¢•d tro ?eeoee tho¢0 who M)v b•n•fi* are not unreasonably restrictive. AIMS AND OBJEcfivES The charitable objects of the Trust are Yo advance such charitable purp05e5 (according to the law of England and Wale5) and in such manner as the Trustee5 See fft from time to time benefiting people, causes and other charwtie5 anywhere in the world,. CHARttY REG. NO. 1172754
THE HENDY AND PENDLE CHARITABLE TRUST The Trust operates by making grants for: The advancement of arts. culture. heritage. and science. in Richmond upon Thames or elsewhere in the United Kingdom. The relief of those in need by reason of youth, age. ill-heahh, dtsability, financial hardship, orother disadvantage in Richmond upon Thames, or elsewhere in the United Kingdom or the World. The provision of public works and services and provision of public amenities, in and around the village of Imber, Wlltshire. The preservation of public transport history. particularly buses and railways. CHARITY REG. NO. 1172754
THE HENDY AND PENDLE .. CHARITABLE TRUST TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2024 ACHIEVEMEKfs DURING THE YEAR These flnancial statements cover the sixth full financial year of operation of the trus¢ from 6th April 2023 to 5" April 2024. There were no donations to the Tnt by fts founders during the Year. As part of its assets the Trust owns two hlstoric double-decker buses. and the Trusvs actmties include the use of these to provide fundraising OUtin8s and £66,250 wa5 raised for the trust. in this way, during the year. Other fundralslng outlngs by the buses during the year raised an addlt5onal £73.729 which was paid directly to the varlous charities concerned a5 15 not therefore recorded in these accounts. Bus related costs and accountsncy expen5e5 were met E72,836 was donated to charitie5 in accordance wlth the Trus¥5 objectives. leaving a surplus of £160.432 at the end of the tar. whith 15 carried forward. STATEMENT OF TRusfEE RESPONSIBIUTIES Charity law requlre5 the Trustee5 to prepare financial 5tatetneiits for each financial year. which give a true and falr vlew of the state of affairs of the charity and of the net income or expenditure for the year. In preparin8 the finanaal ststements the Trustees are requlred to: select suitable accounting policies and apply them consistently," make judgements and estlmates that are reasonable and prudent: and prepare the financial statements on a going concern basls unless ft is inappropriate to do so. The Trustees are responsible for keeplng proper accounting records which disdose with reasonable accuracy at any time the financlal posftion of the charity and to enable it to ensure that the financial statements comply with the Charities Act 2011. The Trustee5 are also responsible for safeguarding the ass•ts of the charity and hence for takJn8 steps for the preVentn and detection of fraud and other Irregularities. INDEPENDENT EXAMINER Richmond Accounting Services ha5 been appointed as Independent Examiner approved by the Tru3tces at their meetlng on 3d ltsl(frand signed by Peter, Lord H dy of Richmond Hill- Tnistee Ms. Sue Pendle-Trustee CHARITY REG. NO. 1172754 41Pa¥e
THE HENDY AND PENDLE CHARITABI,E TRUST INDEPENDENf EXAMINEWS REPORT TO THE TRusfEES FOR THE YEAR ENDED 5 APRIL 2024 I report to the charity trustees on my examination of the accounts of the Trust for the year ended 5 April 2024 set out on pa8es 5 to 9. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance wlth the Charities Act 2011("the Act"). I report in respect of my examination of the Trust's attounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 14S(S)Ib) of the Act. Independent Examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examlnation which gives me cause to believe that in, any material respect: the accountin8 records were not kept in accordance with section 130 of the Act. or the accounts did not accord with the accounting records; or the accounts did not comply with the applicable requirements conceming the form and content of accounts set out in the Charities {Accounts and Reports) Regulations 2CX)8 other than any requirement that the accountsgive a'true and faie viewwhich is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection wlth the examlnatlon to which attention should be drawn in this report in orderto enable a proper understanding of the accounts to be reached. On behalf of Rlchmond Accounting Services Parkway House, Sheen Lane, London SW14 8LS 11 July 2024 CHARITY REG. NO. 1172754
. THE HENDY AND PENDLE CHARITABLE TRUST STATEMENT OF FINANANCIAL ACTIVITIEg FQR THE YEAR ENDED 5- APRIL 2024 Incomlng Rosources 202>24 Incomo.. Donations received Gift AFd reclaimed on donations ItiGome from charitable activities Interest Other Income 1.129 66.250 Total Incoming Income 67,379 Rosources Expended Costs of charitable activities Oonations made Other costs Governan ¢osts (legal and accountancy faes) 72,836 9.961 876 T¢)tal raUe5 expended Net change In resources for the year 116.294) Funds brought forward 176,726 Funds carried forward 160,432 The abovo rèjults relate wholly to continuing activitles. All funds are unrestricted. There w•rè no r•cognised gains or losses other than those included above. CHARITY REG. NO. 11727S4 OIPa6e
THE HENDY AND PEINDLE CHARITABLE TRUST BALANCE SHEEr AS AT 5 APRIL 2024 2024 Herltage Assets: Vehl¢l•s 131,250 Current Assets: Debtors and Prepayments Bank Balances 30,058 30,058 Creditors due within one year: CreditorJ and accruals 876 N•t Current Assets 29,182 Total ass•ts Iws curr•nt Ilabllltl•s 160.432 Fund balances 160,432 Thése financial statements w•r• approvad by th• Trugt•gs at th•ir me•tin8 hold on 30th June 2024 and were signed by them: opao Peter, Lord Hendy of Richmond Hill- Trusteo Ms. Sue Pendle- Trustee The accompanying accounting policies and notes on pages 8 and 9 forni an inte8ral part of these financial statemgnts. CHARITY REG. NO. 1172754
THE HENDY AND PEINDLE . ., CHARITABLE TRUST NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 I. PRINCIPAL ACCOUNTING pouaES The financlal statements have been prepared under the historical cost convention in accordance with the Financial Reporting Standard for Smaller Entities. the Charities Act 2011 and the requirements of the Statement of Recommended Practi, Accounting and Reportlng by Charities (SORP FRS102). The charity Is a public entity as defined under FRS102. There a no materlal uncertainties affecting the abllity of the charity to continue as a goin8 concern. IncomlnE resouros- all incoming resources are included In the Statement of Financial Activities when the Trust is entitled to the income and the amount can be quantified with reasonable accuracy. Resources expended - Expenditu is recognised on an accnjal basis as a liability is incurred. Expenditure includes any VAT whith cannot be fully recovered arKI is reported as part of the expenditure to which it relates. Tangible fixed assets and depredatkn- Herftage Assets- The Trust owns two vintsge buses which it uses In its charitsble artivibes. These are reported in the Balance Sheet at estimated market value- gains and losses on revaluation will be recognised in the Statement of Financial Actmties. It is the Trusvs pollcy to maintain its vehides in full working order and Maintenan and running costs are charged to the Income and Expenditure Account when incurred. The buses are deemed to have indetermlnate Ilves and the Trustees do not therefore consider It appropriate to charge depCiation. Fund Accountin8- unstricted funds a avallable for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure Imposed by the donor. Expenditure which meets these criteria is charged to the fund, together wlth a fair allocation of management Costs. Further explanation of the nature and purpose of each fund is included in tho noto* to th• fin¥nEl•l 3tat¢rnents. Taxatlon - The Trust is a registered charity and as such tax exemption applies to the income arising from and expended on charitable attivities. 2. TRusfEE REMUNERATION AND EXPENSES The twstees did not receive any remuneration or 1mbUr5ed expenses from the Trust. CHARrrY REG. NO. 1172754
THE HENDY AND PEINDLE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 5 APRIL 2024 3. GRANTS PAID 2023-24 Temple Bar Trust Friends of St Giles, Imber Royal British Legion National Railway Heritage Awards Chitterne Church Hall Wiltshire Air Ambulance Railway Children's Ball London Bus Museum Alzheimers Society Donations of less than £2,0(K) (19 in total) Total £iO,LK £9,449 £6.500 £6,(X)O £5,0(K) £4.040 £3.6(M) £2,381 £2,250 £23,616 4. FIXED ASSErs The Trust owns two vintage buses which it uses In Its activlties. one donated by a Trustee and valued at £120,000 and one purchased for £11,250, a total of £131,250. The Trust considers these to be Heritage Assets and does not charge depreciatlon. 5. CAPITAL COMMITMEKfs AND coKfiNGENT UABILITIES There were no capital commitments or contin8ent liabilities as at 5 April 2024. CHARITY REG. NO. 1172754