RECISfERED CK4RtTY NUMBEIL. 1175843
REFoKf OF THETRusfELS AND
UNAUDITED FINANCLIL ￿ATEMENTs FOR THE YEAR ENDED31 MARCH 21)24
FOR
THE HOUGHTON COMMUNITY BENE￿ FUND

TH8 HOUGHTOiY COMMUNITY BENEFIT FUND
CONTENTS OF THE FINANCIAL sfATEMEIYTS
ror."the Year Ended 31 M*reh 21)24
Re￿rtr￿fItse Trnstees
I to 2
Statement'of Flnanclal Actlvltles
Balanc¢ Sh¢¢t
Notes to the Flnattelal Stltements

THE HOUGHTON COMMUNITY BENEFIT FUND
REPORT OF THE TRUSTEES
ror the Ye*r Ettde4131 Msreh 21124
The trusiees present thesr report with the financial ststements of the charity for the year end¢d 31 M￿h 2024. The tru5t¢¢s
have adopt￿ the provisions of Aceounting 8tMi Reporting by Ch8ritie$: Statement of Reeommended Practice appliethle to
charitie5 preparing their accounts in accordance with the Finw¢ial Rq￿rtIng Stend8rd applicable in the UK and Republic of
Irel8nd IFRS 1021 (effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectlves alms attd gr8ntrngklng
The ObJ￿ts of the Charity are tD providegrants forthe benefitofthe parishione]s1?vingin the p8rfsh ofHoughton. Hampshire.
The maknng of a 8rant 15 initiated by an iThiividual parishioner or an institutkon having ¢lose ¢onne¢tioD with the parish
applying tothe trustees in aset fom)aL The tswsttts mak¢ a decision on whetheragrant should be made and have a checklist
of objectivei that the w¢ should satisfy. In deciding w￿her to make a grdnL the trustees have rewd to the Tharity
Commission'$ 8uid4n¢¢ on public benefit. The ￿ants so far mad¢ are all ￿nnerted with the parish and activities conducloj
therein.
FINANCIAL REVIEW
FknAItCl81 r¢vlew
The fin#ncial position of the tharity is shown by the financial statements attach￿ to this reporL The charity was funded
initially by receipt of a donation from ￿ developers of a solar fami locatd within th¢ parish bowKlarie5. 1¢sS C¢rtain 1¢881
expenses. The chatity is not actively sceking further furtds by fiujdraising ￿tIvIties.
Investment pollcy 8nd reserva
The Trustee5 considerthat in view of its substantiai endowmen4 2nd theone•offnature ofthBt sourc¢, the filljds of thecharity
should be ayallable for the benefit of its obj￿tIveS over a ¢ortsiderable period. Accordingly, the g]raier part of the reserves
of the charity ar¢ held in unit trusts for the medium tenn. However. where the Trustees consider it appmpri8K grants may
be made in excess of th¢ snnual income of the ¢haTity. The reserv¢5 at the year end of £551.315 (2023 - £553.984) are
therefore held in fvifilment of this policy.
IDvesémeTrt perforni*Dc¢
The trusters decsded that the inv¢5tm¢nts hdd forthe long ttm) should b¢splil between a fill￿ seeking some prO￿tiOn in the
event of a severe downDJrn iti the markets and a fund aiming to achieve steady long term T¢tyrn. In the year und¢r r¢view.
despite the funds decreasing in value in line whth the maTk¢ts, th¢ trustees ￿nsider that thi5 mix continues to prove its worth
overall os the investments have increased in valu¢ ov¢r811 substantially sin¢¢ th¢y were made in 2018. The trustees wll
Cthltiny¢ tt) review regularly the progress of the investments.
STRUCTURE, GOVERNA]¥CE AI¥D MAI¥AGEMENT
Governlng doc￿Ment
Th¢ charity is a Charitable Incorporated Or88nlsation and is governed by Its CLNJStituÉloA. It w&% fomied ¢m 21st Nov¢rnb
2017.
Appoinknent of trustees
The trust may have a maximwn of 9 trust¢e4 of whom the constitution requites that 2 are nomina¢¢d by the Parish Council
and one each by th¢ Paro¢hial Church Council and by the Vi1188¢ Hall Committee. The ￿Main1ng trustees have been
aptK)inted with a view to providin8a wid¢ scope of lo￿ eA)ntact andlor nec¢5wy knowl¢d8¢.
REFERE]YCE AND ADMINI￿RATIVE DETAILS
Regist¢red Charity number
1175843
PrIn¢l￿1 address
Blaek]ak¢ Farrn
Houghion
Stockbridge
S020 6LT
Page I

THE HOUGHTON COMMUNITY BENEFrr FUND
REPORT OF THE TRUSTEFS
for the Yogr Ended 31 Marth 2024
Trnsteej
IPBurt
J M Scougail
M J Woodhall
R J Priestley
M J Bryars
L Aitken
D A Lewis
E Sed8wick
A Dougall.
B*nkerd
Lloyds Bank plc
PO Box iorxi
Andover
BXI ILT
Approved by c*derof the b￿d oftrustees ￿ 13rd May 2024 Wld its by:

THE HOIJGHTON COMMUNITY BENEFIT FUND
STATEMENT OF FINANCIAL AcnvmFS
for the Yur Ended 31 Mareh 2024
31J.24
31.323
Unrestri￿￿ Unr¢5tricted
fund
INCOME AND ENDOWMEKfs FROM
Donations and legacÉes
Invesknvmt income
Totsl
&436
EXPENDITURE ON
Ch*ritsbl¢ actlvitks
Grants CLMu￿¢t¢d with Houthton Partsh
I l J47
657
Total
N¢t gaIn￿(loSseS) on investhients
NET INCOMFJ(EXPENDITURE)
11669)
(25.7201
RECONCILIATION OF FUNDS
T*)tal funds brnllght forw•rd
553.984
579.704
TOTAL FUNDS CARRIED F1)RWARD
551
553
The nc4es fonn wof these finwjcial 5tstan

THE HOUGHTON COMMUNITY BENEF￿ FUND
BALANCE SHEET
31 Martb 2024
31.3.24
31323
fund
FIXED A&SETS
Imiestsnents
521.696
526255
CURRENT ASSETS
C&sh at bank
29.619
27.729
CREDITORS
Amounts falling due within ye
NET CURRENT ￿ETs
TOTAL ASSETS LESS CURRENT
LIABILITIFS
551J15
553.984
r4Kr A&SETS
551
08 553.984
FUNDS
551
TOTAL FUNbs
551J13
5S3.984
The fin•ncig1 statements were apwoved by th¢ 8(wd ofTn&ees and aydK1ri5AI for i55u¢on Dld May 2024 were si
iin its behalf by:
AJBryars.Th

THE HOUGHTON COMMUNrrY BENEFIT FUND
NOTES TO THK FIIY ANCIAL STATEMENTS
for the Year Ended 31 Mareh 2024
LEGAL FORM OF CHARITY
The Houghton Community Benefit Fund is a Charitable Inconmted Or8anisation ￿giStered in England. Its
registered charity number is 1175843 end its principl address is:
Blacklake F¥rm
HoughtOTt
Stockbridge
S020 6LT
ACCOUNTING POLICIES
BASIS of prep8rlng the sthtements
The fin2ncial statements of the charity, which is a public ixnefit entity under FRS 101 have been prepared in
accordance with the Charities SORP {FRS 102)'Atcoutttin8 and Reportin¥ by a]tiriti&%: Statemertt of Recommended
Practice applicable to Charities preparing th¢ir a￿Ounts in accordance with th¢ Financial Re[￿ing Standard
applicable in the UK and R¢public of Ireland IFRS 1021 (eff￿tiv¢ l January 2019).. Financial Reportlng Sthndard
102 Th¢ FinJn¢ial R¢portin8 Stand￿d applicable in the UK and Republic of Ireland, and the Charities Act 2011. The
rinancial statements have been prepared under thehistorieai ¢ost¢onv¢ntion. withthe exception of investtnet)ts which
are included ai mat*et value. as modified by the r¢valuation of certaln assds.
ID¢ome
All income is r￿QgniSed in thc Ststement of Finaneial Activiti¢5 on¢e the ¢haTity h&8 entit]ement to the ffijnds. li is
probAble that the income will be received and ihe amount Can be me&sured reliabfy.
Expendifvr¢
Liabilities are recognised &$ eXpe1￿ltU￿ as soon &$ ihere is a legaj or eoAstructive obligation committing the Charity
to that expenditur4 it is probable that a transferof economic benefits will be required ip settlement and the amountof
the obligation can be me&wred reliably. Ex￿nd1￿]re is for on an awruals b￿15 and h&8 been classified
under headings that awegate all cost r¢latgJ to the category. Where costs caTtnot be dircctly allributcd to parttcular
headings they have been allocated to aciivitie5 on 4 basis corsistent with the use of resources.
Grants offered subject to condilions whi¢h have not been met at the year date are noted a5 a￿MMItmen¢ INtt not
ru¢d as ¢xp¢nditUT¢.
Tsx8tkn
The eharlty is exempt from tax on Its ch8ritsble activities.
Fund 4¢COUntlDg
Unrestricted funds can be used in ￿e0rd81￿C with the charitebleobjectives at the discretion of the tn￿le£s.
Restricted thnds can only be used for particular restricted purposes within the objects of the charity. Restri￿lOnS
arise whet) spxcified by the donor or when fimds aT¢ rats¢d for particular restricted purposes.
Fwtherexpi¥nation of the nature alkd purpose of eath fund is incluw in thE notr5 to th¢ fLn8n¢ial statements.
continued...

THE HOUGHT014 COMMUNITY BENEFIT FUND
NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued
for the Year Ended 31 Mareh 21ll3
INVLgTMENT INCOME
31J.23
31.3.22
Distributions from unit trusts
Deposit awunt interest
7.914
522
7.773
150
TRUSTEES. REMUNERATION AND BENEFITS
There were no trusteog remuner¥ion or ot￿r ben¢fits for the year ended 31 March 2024 nor for the y¢aT ¢ndeil
31 Mar¢h 2023.
Trthatees, expthlses
There were no trLtstees' exp¢TW paid for the year ended 31 March 2024 nor for theyear ended 31 March 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
INCOME AND ENDOWMENTS FROM
Investmettt ineom¢
TOtAI
7.923
EXPENDItURE ON
ChArlt8ble 4£tlvltlEg
Grthts connedvj with HouEhton Pwish
11.547
657
Total
12204
Net losses Oti inveskn¢nts
NET DEFICIT
(25.no)
RECONCILIATION OF FUNDS
t•t*l fuDds brougbt forward
579.704
tOTAL FUNDS CARRIED FOkWAkD
55J 934
Pdge 6
continu￿...

THE HOUGHTON commuN￿y BEP4EFIT FUND
NOT￿ TO THE FINANCIAL ￿ATEmE￿rs- ¢omtknued
for Iht Ytsr Ended 31 M*reb 21124
FIXED ASSET INVESTMENTS
ITwesthients eMipris¢ holdings in open eThJed inve5thiart fijnds with a eostof£450.000 {2tr23. £450.000). They are
stated in the fin8n¢iai #*ements at market •Ale at the year £526255 {2013- £526255). The deuc￿ i
valuation during the year of £21,439 (2023- decreay¢ of£21.439) is to the inc(mw for they¢ar.
CREDITORS: AMOIJNfs FALLING DUE wmiii¥ ONE YL4R
31J24
31323
Trade crpJitOT5
Other creditors
MOVEMENT IN FUNDS
Net
movement
in fimds
At
31.324
At 1.4.23
Unrestrleted fvndl
G¢neI￿ fund
553.984
(1669)
S51J15
TOTAL FUNDS
551315
Net movernent in fimd& included in the 8ih)veare ts follows:
IrKomin8 Rtsourrt5
Gains and
Movement
irt funds
UDreAtrirted
&436
(6J46)
(4J59)
12,669)
TOTAL FUNDS
59
Compgrativa for moveme•¢ h fwpds
Net
At
31.323
At 1.422
funds
UDrestr*ted f•*ds
General fund
579.704
(25.720)
553.984
TOTAL FUNDS
553 984

THE HOUGHTON COMMUNITY BENEFIT FUND
NOTES TO THE FINANCIAL sfATEMENfs- eomtlnued
for the Year Ended 31 M8T¢h 2024
MOVEMENT IN FUNDS- ¢oDtIDued
Comparative net movement in fimd& included In theabove are as follows:
lfteomins
resourees
Gains and
losses
Movement
in fund5
exper￿ed
UDrestrICt￿ funds
General fund
(12204)
121.4391
125.720)
TOTAL FUNDS
12
The charity has only one ￿nd representing all Its assets. In accordance with the requlrements for the ￿oUnts of
haritiA that fund is shown as ageneral fund and wrestri¢ted. This means that the Charity fuThJam¢ntally ¢omprises
one fuT¥J representing all its &S5ets (after deducting any liabilities) And that fvnd may be used ￿ the Trusrees consider
proper to satisfy the objects of the chBrity.
RELATED PARTY DISCLOSURES
There were rto related party for the year ¢Trd￿ 31 Ma￿h 2024.
Page 8