THE HENDY AND PENDLE CHARITABLE TRUST INDEX TO THE TRusfEES' ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Page Trustees, Annual Report Independent Examiners Report ststement 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 2025 The Trustees present their report together with financial statements for the year ended 5 April 2025. REFERENCE AND ADMINISTRATIVE DEfAILS Trustees Peter, Lord Hendy of Richmond Hill and Ms Sue Pendle Registered Offi 27 Mount Ararat Road, Richmond TWIO 6PQ Independent Examiner Richmond Accountln8 Servlces, 20 Mortlake High Street, Mortlake High Street, London, SW14 8JN STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng Document - the Trust was establlshed by a Trust Deed dated 22 December 2016 and was registered as a charity on 25 April 2017. The founders of the Trust a￿ the current trustees, and they will 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 risk5 the charity may face. and systems and procedures to mitigate any risks identified, minimising any potential impact on the charity. The Trustees have examined the major risks that the Trust faces and are satisfied that glstems are in place to miti8ate these risks. Public Benefit- the Trustees have reviewed the Charity Commission's guidance on the requirement to report on public benefit. They are satisfied that the work of the charity. as described below, accords with its stated objectives, and provides tangible public benefrt to an appropriate section of those who reside within the CharIt￿S area of benefit. they believe that the criteria used to assess those who may benefit are not unreasonably ￿StriCtIve. CHARITY REG. NO. 1172754 THE HENDY AND PENDLE CHARITABLE TRUST AIMS AND OBJEcfivES The charitable objects of the Trust are To advance such charitable purpo*s (according to the law of England and Wales) and in such mannerastheTrustees seefitfrom time to time benefiting people, cause5 and other charities anywhere in the world.. 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-health, disability, financial hardship, or other disadvantage in Richmond upon Thames, or elsewhere in the United Kingdom or the World The provision of publlc works and Services and provision of public amenities. in and around the village of Imber, Wiltshire. The preseNation of public transport history, particularly buses and railways CHARITY REG. NO. 1172754 THE HENDY AND PEINDLE CHARITABLE TRUST TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2025 ACHIEVEMENTS DURING THE YEAR These financial statements cover the sixth full financial year of operation of the trust. from ￿ April 2024 to 5 April 2025. There were no donations to the Trust by its founders during the year. As part of its assets the Trust owns two historic double-decker buses. and the Trusys activities include the use of these to provide fundraising outings and £53,189 was raised for the trust, in this way, during the year. Other fundraising outings by the buses during the year raised an additional £31,700 which was paid directly to the various charities concerned as is not therefore recorded in these accounts. Bus related costs and accountancy expenses were met. £51.983 was donated to charities in accordance with the Trusys objectives, leaving a surplus of £140,196 at the end of the year, which is carried forward. STATEMEKf OF TRUSTEE RESPONSIBILMES Charity law requiresthe Trusteesto prepare financial statementsforeach financial year, which give a true and fair view of the state of affairs of the charity and of the net income or expenditure for the year. In preparing the financial statements the Trustees are required to: select Sultable accounting policies and apply them consistently; make judgements and estimates that are reasonable and prijdent" and prepare the financial statements on a going concern basis unless tt is inappropriate to do so. The Trustees are ￿spOnSible for keeping proper accounting records which disclose wtth reasonable accuracy at any time the financial position of the charity and to enable it to ensure that the financial statements comply with the Charities Act 2011. The Trustees are also responsible for safeguarding the assets of the charity and hence for tsking steps for the prevention and detection of fraud and other irregularities. INDEPENDENT EXAMINER Richmond Accounting Services has been appointed as Independent Examiner approved by the Trustees at their meeting on Q July 2025 and signed by Peter, Lord Hendy of Richmond Hill- Trustee Ms. Sue Pendle-Trustee P_IL CHARITY REG. NO. 1172754 THE HENDY AND PENDLE CHARITABLE TRUST INDEPENDENT EXAMINEWS REPORT TO THE TRusfEES FOR THE YEAR ENDED 5 APRIL 2025 I report to the charity trustees on my examination of the accounts of the Trust for the year ended 5 April 2025 set out on pages 5 to 9. Responsibillties and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the Charities Art 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 all the applicable Directions given by the Charity Commission under section 14SIS)(b) of the ACL Independent Examlner's ststement I have mmpleted my examination. I confirm that no material matters have come to my attention in connection with the examination whlch glves me cause to belleve that In, any material respect: the accounting records were not kept In accordance with section 130 of the Act; or the accounts did not accord with the accounting rea)rds; or the accounts did not compty with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 21J)8 other than any requirement thatthe accounts give a'true and fair, viewwhith is nota matter considered as partof an independent examinatlon. I have no ¢oncems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Massoud Moaddel On behalf of Richmond A¢countin8 Services 20 Mortlake High Street, Mortlake High Street. London, England, SW14 8JN 7July 2025 CHARITY REG. NO. 1172754 THE HENDY AND PENDLE CHARITABLE TRUST STATEMENT OF FINANANCIAL AcfiviTIES FOR THE YEAR ENDED 5TH APRIL 2025 Incomin8 Resources 2024-25 Income: Donations ￿CeNed Gift Aid reclaimed on donations Income from charitable activities Interest Other income 2.392 53.189 Total Incoming Income 55.581 Resources Expended Costs of charitable activities Donations made Other costs Governance costs (legal and accountancy fees) 51,983 22.917 918 Total re50urw expended 75.818 Net change In resources for the year 120.236) Funds brought forward 160,432 Funds carried forward 140,196 The above results relate wholly to continuing activities. All funds are Unrestricted. There were no recognised gains or losses other than those included above. CHARITY REG. NO. 1172754 THE HENDY AND PENDLE CHARITABLE TRUST BALANCE SHEEr AS AT 5 APRIL 2025 2025 Herltage Assets: Vehicles 131,250 Current Assets: Debtors and Prepayments Bank Balances 9,864 9.864 Creditors due within one year: Credltors and accruals 918 Net Current Assets 8.946 Total assets less current Ilabllltles 140,196 Fund b313nces 140,196 These financial statements were approved bytheTrustees at their rneeting held on 6th July 2025 and were Si8ned by them: (u Peter, Lord Hendy of Richmond Hill - Trustee Ms. Sue Pendle- Trustee The accompanying accounting policies and notes on pages 8 and 9 fonn an integral part of these financial #tatements CHARITY REG. NO. 1172754 THE HENDY AND PENDLE CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 I. PRINCIPAL ACCOUNTING POUCIES The financial 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 Practice, Accounting and Reporting by Charities (SORP FRS102). The charity is a public entity as defined under FRS102. There are no material uncertainties affecting the ability of the charity to continue as a going concern Incoming resources- all incoming ￿SOurCeS 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 - Expendlture is recognised on an accrual basls as a liability is incurred. Expenditure includes any VAT which cannot be fvlly recovered and is reported as part of the expenditure to which it relates. Tangible fixed assets and depreciation- Heritage Assets- The Trust owns two vintage buses which it uses in its charitable activities. These are reported in the Balance Sheet at estimated market value-8ains and losses on revaluation will be recognised in the Statement of Financial Activities. It is the Trusvs policy to maintain its vehicles in full working order and maintenance and running costs are charged to the Income and Expenditure Account when incurred. The buses are deemed to have indeterminate lives and the Trustees do not therefore consider it appropriate to charge depreciation. Fund Accountlng- Unrestricted funds are available 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 with a fair allocation of management costs. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Taxation- The Trust is a registered charity and as such tax exemption applies to the income arising from and expended on charitable activities. 2. TRUSTEE REMUNERATION AND EXPENSES The trustees did not receive any remuneration or reimbursed expenses from the Trust. CHARITY REG. NO. 1172754 THE HEINDY AND PENDLE CHARITABLE TRUST NOTES TO THE FINANCIAL sfATEMENrs FOR THE PERIOD ENDED 5 APRIL 2025 3. GRANTS PAID 2024-25 Friends of St Giles The Royal British Legion Railway Children's Ball Tilshead Village Hall London Transport Museum Bristol Omnibus Vehicle Collection Sadlers Wells The Felix Project Donations of less than £2,(KK)129 in totsl) Total 9,030 3,567 3.5(K> 2,050 21,836 4. FIXED ASSErs The Trust owns two vintage buses which it uses in its activities, 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 Herita8e Assets and does not charge depreciation. 5. CAPITAL COMMITMENTS AND CONTINGENT UABIUTIES There were no capital commitments or contingent liabilities as of 5 April 2025. CHARITY REG. NO. 1172754