Charity registration number 1183004
HEATHROW COMMUNITY TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

HEATHROW COMMUNITY TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Prabhiot Basra (Deputy Chair, appointed Chair 9 December 20211
Richard de Belder Ireappoinled 17 April 20201
David Cottrell
Gennie Dearman
Alison Keeley
Michael Murphy
Jason Knight lappoinled 11 February 20211
Aled Patchett (appointed 13 May 20211
Nigel Milton lappoinled 25 October 20211
CEO
Claire Knight (from 31 August 20211
Rebecca Bowden (to 24 June 20211
Charlty number
1183004
Registorad offic
The Compass Centre
Nelson Road
Hounslow
London
TM 2GW
Independent examlner
Alliotts LLP
Friary Court
13-21 High Street
Guildford
Surrey
GU1 3DL
Bankers
Barclays Banks plc
1 Churchill Place
London
E14 5HP
Metrobank
One Southampton Row
London
WC1B SHA

HEATHROW COMMUNITY TRUST
CONTENTS
Pagg
Trustees. report
Independent examinerfs report
Statement of financial activities
14
Balance sheet
15
Notes to the financial statements
16-22

HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their annual report and financial statements for the year ended 31 December 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the Charity's governing document, the Charities Act 2011 and Accounting and
Reporting by Charities." Statement of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 (effective 1 January 20191.
11 has been a very challenging year for both our Trust and the community groups we support. The ongoing impact of
COVID-19 has b*n felt throughout the local communities, highlighting inequalities, and bringing new needs lo the
surface. Mthile our funding income has still been signifi¢anlly reduced compared with pre-pandemic levels, the on-
going support and generosty of our primary funders and our securing a one year partnership with the National
Lottery Community Fund have enabled us lo ensure that the Trust continues to remain financially robust throughout
2021 and well into 2022. Of the reduced funding available, the Board continued lo focus remaining grants towards
directly and immediately helping our local communities to maintain their operational stability, as well as refocusing
on the emerging needs in their local areas. This adjustment lo our fvnding focus was pul in place within a few
weeks of the UK lockdown being announced in 2020 and highlights the agility we have as a Trust. The partnership
with the National Lottery Community Fund focused funding specifically on groups in Hillingdon, which also enabled
the Trust lo reach new groups. Nolwilhslanding reduced funding income, we have been able lo support a significant
range of community needs and continue to make a real difference during these Challenging limes.
I would like lo thank all our Trustees for their continued support and hard work during these difficult times.
Merged reporting
Heathrow Community Trust CIO was formally approved by the Charity Commission on 16th April 2019. The CIO had
been set up by Trustees of LHR Airport Communities Trust with a view lo limiting Trustee liability for Trust aclivilies.
All activities and liabilities of LHR Airport Communities Trust were Iransfeired lo the new CIO in May 2019. LHR
Airport Communities Trust had no activity in 2020 or 2021, and was formally dissolved in October 2021. Trustees of
LHR Communities Trust became Trustees of Heathrow Community Trust al the lime of transfer of business. ICAEW
have advised that where the purpose of the incorporation is merely to protect the trustees lor similarl but there is no
significant change to trLJStees, benefiaaries or the purpose of the charity then the charities are in effect merged and
practically this means that one set of accounts is prepared under the new name.

HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Objectlves and actlvltles
CHARITABLE OWECTS as sat out in Heathrow Community Trust constitution 2019..
The objects ol the CIO are lo advance such charitable purposes (according to the law of England atKI Wales) as the
trustees see fit from time to time for the benefit of the general public and in particular bLJt not oyclusively for the
public benefit predominately of people living and working in the local community aroLJnd Heathrow Airport and Ihe
neighbouring boroughs (the 'Local Community'l and Other parts of the UK, through the making Df grants, awards,
donations and the provision of other financial and non-financial support lo..
a. protect and promote the physical and natural environment. induding but not limited to the conservation and
protection of wildlife. the promotion of biological diversity, the support of climate change mitigation initiatives
and raising awareness of such issues in the Local Community.,
b. provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure
time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or
disability, financial hardship or social circumstances or for the public al large wrfch the object of improving
their conditions of life.,
c. help young people up to 25 years of age in the Local Community through the funding of programmes
designed to raise aspirations and improve life opportunities, induding but not limited to the provision of
skills and vocational training, apprenticeship schemes and other programmes.,
d. provide SLJPPOrt to address financial hardship in the Local Community
e. develop the capacity and skills of members of the Local Community so that they are better able to identify
and help meet their own needs and to participate fully in society.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
Our vlslon Is of happy, healthy local communltles where everyone has the opportunlty to Ilve a rewardlng
and fulfllled Ilfe, and the value of glvlng somethlng back to your communlty Is recognlsed.
Our mission is lo enable significant positive change in the lives of people in the communities neighbouring
Heathrow Airport, and the wider community in the UK. We do this through funding voluntary and community
organisalions. working in partnership with others, and by supporting employees of HealhrowAirport Ltd lo give back
to their ¢ommunilies.in 2021 we did this through awarding grants in the following funding streams in support of our
charitable objectives.
Covid19 Resilience Grants
Hillingdon Covid Response Fund - money from the National Lottery Community Fund supported Covid19
emergency funding, including this programme operated by Heathrow Community Trust
11 should be noted that grants awarded do not lie directly through lo the aecounls due to accounting timing
differences such as recognition of grants wlh multiple award payments.
Our aim is to be an organisation which promotes social change by using all our assets 8nLY those of OUT donor
organisations - our financial donations, our knO￿edge, people and networks, our grant making, programmes and
partnerships. INe aim lo make 8 difference by leveraging support and resources and enabling colleagues lo support
the communities neighbouring Heathrow Airport and those in which they live.

HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Achlevements and perfom)ance
Highlights for 2021..
£185.000 of new grants awarded.
29,290 Total beneficiaries
3,426 Children and young people wth increased awareness about their future, or having developed a new
15,669 over 65s improved quality of life or wellbeing
46,718 volunteering Hours Carried Out Ilo deliver projeclsl
191,899m2 Land Maintsined or Improved.
98 trees planted
In 2021. Heathrow Community Trust received a donation from Heathrow Airport Limited of £125,000 (£425,000
FY201. Income from noise fines for the year lotalled £2,500 (£10,900 FY201, this donation supports cur
Environmental & Sustainability grants programme.
Due to the ongoing impact of the Covid19 Pandemic, Heathrow Airport Ltd IHALI, employees and employees of
Team Heathrow companies were not able to continue their fundraising activities in 2021 for Heathrow Community
Trust as they had pre-pandemic. The Trust had 6 runners in the Virtual London Marathon and in person London
Marathon in 2021 raising a total of £9,422, and HAL employees held HCTea Parties to welcome colleagues back to
the office, raising a further £470.
In December 2021, in order to support the Trust's planning for the future. we carried out our seventh annual survey
of local community organisalions and charities to delemiine what their key needs were in terms of types of funding
and key issues, with 75 organisations participating. They told us that the three biggest challenges facing their
organisations were..
Sustainable funding
Generating income
Raising income for programrnes that are already successful
The majority respondents had changed their services or developed new services to meet the needs of their
communities. For many, demand for services increased while their overall income decreased.
A list of grants made during the year is published on the Trust's website. Each Grant Programme is served by a
Grant Review Panel which consists of volunteers who are a mixture of HeathrowAirport employees and members of
the local community. Grant Review Panel members support the fund with their local understanding of applicants and
ability to assess the Impact of a grant on the local community. They also help to bring improved engagement with
local groups, encouraging more applications.

HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Impact of Covld19 Pan(lemlc
In 2020, the Trust responded lo the pandemic by pausing all previous grant rounds and opening the Covid19
Emergency Response Fund, awarding small unrestricted grants to help organisations to respond to the emergency.
In 2021, the Trust adapted this programme into the Covid Resilien￿ Fund, awarding small unrestricted granls to
help organisations adapt lo the 'new normal,, supporting the changes community groups had lo make lo deliver
services. £90,000 was awarded, supporting organisats.ons working with a wde range of communities induding
refugees, victims of domestic abuse, isolated older people and young people with additional learning needs.
Heathrow Community Trust secured a contract with the National Lottery Community Fund to deliver the Hillingdon
Covid Response Fund. This funding provided further support for groups within the borough of Hillingdon, with
£95,000 awarded lo 18 organisalions.
HeathrowAirport Ltd was badly affected by the pandemic, but despite this has continued to donate and has pledged
continued support as air travel begins to pick LJP. In the Heathrow 2.0 sustainability strategy, published in February
2022, one of the targets wthin the document is 'At least £6.5m in funds generated for the Heathrow Community
Trust by 2030,. This clearly indicates HealhrowAirport Lld's ongoing commitment to the Trust.
In 2021, the HealhrowAirport Ltd donation was £125,000 and noise fine income was £2,500.
Factors affecting perfonnance
Heathrow Community Trust awards grants lo third parties to deliver projects, this funding is only ever part of the
total funding required lo deliver the project, and delivery of these projects is monitored by Interim and Final project
reports. From lime lo time projects do not proceed as planned due to a variety of reasons the most fJ)mmon of
which are".
Problems in securing planning permission
Problems in reaching intended target beneficiaries
Problems with the grant reapients being unable to raise sufficient funding to complete a project.
If problems are encountered in delivery. the Trust will work with grant recipients lo agree a way fOn￿ard. In the event
that a project must be cancelled or prematurely closed, Committed funding is written off, bul this is a rare
occurrence. Ongoing grants are reviewed quarterly in order to ensure that any funds no longer required can be
written off and made available for other grants. All ongoing projects funded pre-pandemic were affected by Covid19,
with 159 active at the start of 2021, and the team worked closely with all grant holders lo change grant conditions ID
support new activities. In addition, many projects were delayed and time frames for ongoing projects now extend
into late 2022 for completion.
Summary of Objectives for 2021
Our Values
1. Our beneficiaries come first
2. We are open and transparent
3. We work with integrity
4. We value and respect others
5. Everyone has the right to be safe
6. We continuously improve

HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Our key Prlorltles In 2021 were:
1. Supporting the voluntary & community sector's ability to respond to and build back Irorn the
Covid19 pandemic. We will enable our local voluntary and community organisalions lo provide support lo
those most adveisely impacted by the pandemic and its after-effecls by awarding unreslricled funding in a
timely and effective way.
Improving the voluntary and community sector's ability to support local communities and
increasing the support available to the sector. Recognising that the local voluntary and community
sector faces significant challenges, we aim lo support strengthening the voluntary sector by priorib.sing
funding for local, smaller, organisalions, helping successful organisalions lo develop and increase
financial suslainabilily and long-lerm operation through provision of support to Apprenticeship training,
and improve ftjndraising. through supporting Heathrow Colleagues in skills-based Advo¢ale
volunteering, but also by seeking out ways to leverage our own grant making by working wf(h other
funders.
On Hold
The below priorities remained on hold for the majority of 2021 so that the Trust could focus Its Imited resour￿$
on Covid relief funding. Towards the end of 2021, trustees reviewed the priorrfties and worked lo re-open three
previously paused grant rounds. The Projects for Young People grant strèam opened lo new applications in
November 2021, with Environment and Sustainability opening in January 2022 and Communities Together
opening in February 2022.No grants were awarded for these streams in 2021.
3. Environment and Sustainability Improving the quality of life in our local communities by supporting
sustsinable development and sustainable use of resources in community buildings," increasing community
awareness of suslainabilily., increasing the availability and accessibility of community green spaces,
wooded areas. areas of natural beauty or biological areas of importance., increasing the amount of
materials reused or recycled in the area.
4. Communities Together Improving the quality of life in our local communities by bringing communities
together. reducing isolation and social exdusion, and increasing ¢ommLJnity cohesion and understanding
be￿een communities.
5. Young Peoplè helping our local communities by creating opportunities for young people up to age 25 10
increase their resilience, raise their aspirations. improve their life opportunities, or break down barriers lo
employment through skills development.
6. Heathrow Colleagues providing support to the employees of Heathrow Airport Ltd in their charitable work
and volunteering inilialives in the area neighbouring the airport, and across the United Kingdom. This
priority was put on hold in March 2020 as a result of Covid19 and will re-open in 2022.

HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Flnanclal revlew
2021 Financial performance
Income totalled £431,35512020'. £543,375), which included a donation from Heathrow A'rport Limited of £125,000
12020. £425,000).
Income
£55£0
aEiYit¢5. f91J26£Q_
£10.747 C
tULL.52?.
Total expenditure was £333,579 12020.. £593,209), comprising grant funding activities £195,768 12020.. £441,901).
govemance Costs £17,389 {2020'. £89,0121 and support costs £120,42212020.' £62,296}.
ExpenditsJl•
Retsined reserves al 31 December 2021 were £343,462 12020.. £245,686), of which £331,606 12020.. £245,533)
were unrestricted.
Cash balances held at the year-end were £527,05612020." £713,697).

HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Investment pollcy
Cash is an investment and is held in flexible short-temi inlerest-bearing accounts with the charity's bank. This policy
is considered by the Trustees lo be appropriately conservative with little financial risk. The Trust does not rely on
investments in order to generate all its grant-making income and as such investment is aimed at maximising the
amount of grant-ftjnding available. Trustees review the investment policy annually.
Reserves policy
The Trust has accumulated general unrestricted funds lfree reserves) of £331,806 12020.. £245,533). The Trust's
assets are available and adequate to fulfil ils obligations. The Trust reviews f(5 resetves policy on an annual basis
and in 2021 also reviewed the policy Quarterly in light of the impact of Covid19. The Trust's aims to hold
unrestricted funds of £200,000 as a contingency to cover up lo a maximum of two years running costs lo administer
existing commilmenls. The reserves policy will continue to be reviewed regularly to ensure the Trust is not holding
unnecessary funds.
Going concern
The Trust's funding is only agreed on a yearly basis. If funding were lo be discontinued or significantly reduced, the
charity has lo obtain af(emalive Sources of funding or curtail its activities as was the case in 2020 and 2021. At the
time of approving the financial slatemenls, the Trustees have a reasonable expectation that the charity has
adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees continue lo
adopt the going concern basis of accounting in preparing the financial slalemenls. Unreslricled Reserves are
calculated to allow the Trust to undertake an orderfy cessation of activities should that be required. Restricted ftjnds
are sufficient to cover all funding commitments (grants awarded). Further details regarding the adoption of the going
concern basis can be found within theAccounting Policies note on page 16 of the finanaal statements.
Public Good
The Trustees have complied with their duly under Section 17151 of the 2011 Charities Act to have due regard to the
Charity Commission's guidance on public benefit when reviewing aims and objectives and in planning future
aclivilies. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they
have sel.
Restrictsd Funds
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or
trust deed. During 2021 restricted funds were received from Noise Fines (Environmental & Suslainabilityl and
National Lottery Community Fund IHillingdon Covid Response Fund). All other funds are unreslricled and are
expendable al the discretion of the Trustees In the furtherance of the objects of the Trust. The Trustees may allocate
part of the charity's unreslricled funds lo be used for particular purpose5 in the future. The Ttuslee5 have the power
to re-designate such funds wlhin unrestricted funds.

HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Covld-19 Pandemlc
As a grant-making Trust. Heathrow Community Trust operations were not affected by the necessary virus control
measures and continued to operate smoothly throughout the lockdown periods. including holding Board of TrLJStees
and Grant Review Panel meetings over Teams and Zoom.
The Pandemic however had a catastrophic impact on the business of Heathrow Airport Ltd, resulting in a reduction
in their planned annual donation in 2020 to approximately 600/0 of previous years, and less than 200A of the pre-
pandemic donation in 2021. In addition to the reduction in this donation, all planned income from sporting events
and other fundraising activities was cancelled as a result of the pandemic, with some activities restarting in late
2021. Accordingly, Heathrow Community Trust focused the 2021 budget on two Covid19 Resilience Grant rounds
and secured an agreement with the National Lottery Community Fund lo provide additional funding for the London
Borough of Hillingdon. Trustees and Volunteer members of the Grant Review Panels continued to carry out their
roles through virtual online meetings.
Support cost reductions pul in place in 2020 were maintained in 2021 including retaining the CEO'S contract as
three days per week and working with a reduced admin team al Groundwork South. The Trust was also wilhoul a
CEO for two months due to a change of stsff, wlh the outgoing CEO supporting in a voluntary capacity lo ensure a
smooth Iransilion, which enabled further cost savings. Trustees reviewed the Trusts Reserves policy in August
2020, and Quarterly thereafter. The pandemic has had a huge impact on the local ¢ommunily and support is needed
more than ever. Heathrow Airport Ltd continues to be badly affected by the pandemic, bul despite this has continued
to donate in 2021 and has continued support into 2022 as air travel begins to pick up. In the Heathrow 2.0
sustainability strategy. published in February 2022, one of the targets within the document is 'At least £6.5m in
funds generated for the Heathrow Community Trust by 2030,. This clearly indicates Heathrow Airport Ltd's ongoing
commitment lo the Trust.
structure. governance and management
Heathrow Community Trust is a CIO approved by the Charity Commission in April 2019. The affairs of the charity
are governed by the Board ofTruslees.
The trustees who served during the year and up lo the dale of signature of the financial slalements were".
Prabhiol Basra (Deputy Chair, appointed Chair 9 December 20211
Richard de Belder Ireappoinled 17 April 20201
David Cottrell
Gennie Deamian
Samina Hussain Irelired 13 April 20221
Alison Keeley
Michael Murphy
Jason Knight lappoinled 11 February 20211
Aled Patchetl {appointed 13 May 20211
Nigèl Mitton lappoinled 25 October 20211
Andy Kerswill Ichairl (retired 9 De￿mber 20211
Chris Johnston Irelired 13 May 20211
Caroline Hui (retired 9 September 20211

HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Trustees are appointed, elected or re-elected for a fixed term of three years, with the option of extending for a
further three years and, in addition, the Board Can resolve by 8 750/0 majority that il would be in the best interests of
the charity for a particular trustee lo be reappointed lor a further consecutive term in office. New Trustees are
recruited by advertisement andlor recommendation by existing Trustees, the CEO. or members of Heathrow's local
community ne￿OrkS. Three of the nine trustees are employed by Heathrow Airport Holdings Ltd. Heathrow Airport
Holdings Limited is the major donor ID the Trust,. the trust operates as a separate entity when setting its aims and
objectives according lo ils conslitulion. The donation from Heathrow Airport Ltd is given in Unrestricted funding
wilhoul conslrainl regarding its use other than for charitable purposes.
Prospective Trustees are offered the opportunity to attend a Board meeting and are interviewed by the Chair, an
additional Trustee and the CEO. If successful, their appointment is confirmed at a Board meeting. An induction
programme is agreed and implemented for each new Trustee, covering all aspects of the role and the organisalion.
All new Trustees re￿1ve a structured induction programme, are offered the opportunity lo participate in One or more
of the Grant Review Panels or other Board sub-committees and may visit as many projects funded by the Trust as
they wish. All Tiuslees are required to provide Information on potential conflicts of interes15 and a Conflicts of
Interest Policy is in placè lo ensure management of any conflicts. In addition, Trustees must declare any ￿lated
parties (none identified for Trustees in 20211.
The board seeks lo ensure that all ils activities operate in compliance with all relevant legislation and regulation. Its
work includes selling the strategic direction of Heathrow Community Trust, agreeing the financial plan, monitoring
performance and having overall responsibility for all funding decisions. In addition. the board is responsible for
appointing the CEO who is responsible for day to day running of the organisation. The current CEO, Claire Knight,
was appointed by Trustees in May 2021 and commenced employment in August 2021, reporting to the Chair of the
Board of Trustees. The previous CEO, Rebecca Bowden was appointed by Trustees in 2015. Originally employed
directly by Heathrow Airport Limited until 30 September 2020, Rebecca left the Trust's employment in June 2021.
The Board of Trustees met five times in 2021 for Board meetings. The Trustees have considered the major risks to
which the Trust is exposed and, as such, have reviewed and established systems and procedures to mitigate those
risks. The Risk Review SU￿CommIttee, who report lo the Board quarterly, review the Risk Register and associated
policies and procedures, lo ensure regular quarterly reporting of risks to the Board.
The Trustees consider the main risk to the Trust being HealhrowAirport Limited continuing to pay ils donations or lo
reduce these subslanlially. This risk was activated during 2020 when the company had lo reduce ils planned
donation as a result of catastrophic impact of the pandemic on the airport. The Trust only recognises this income
where there is a reasonable assurance of receipt and were able lo move swiftly lo adju51 planned gr￿1 funding
rounds to take account of the reduction in income. The Trust recognises full funding commitments in the year in
which funding is awarded in order lo avoid carrying forward commitments for which funds may subsequently not be
available. The Trust presents an update on ils performance, activities and plans lo the Heathrow Airport Holding
GroLJP Charities and Communities Commitlee on a Quarterly basis to help secure continued fLJnding, in addition Ihe
CEO presents annually to the HeathrowAirport Holding Group Executive Committee.
The Trust directly engaged as ils agent Groundwork South Trust Limited lo manage ils grants programmes, helping
it to offer a source of expert advice to help applicants build strong grant bids and carry out due diligence checks on
applications and ongoing grants.
The Treasurer chairs the formal quarterly Finan￿ Commrttee. reporting to the Board ofTruslees.

HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Grant Revlew Panels
Each Grant Programme administered by the Trust Is overseen by a Grant Review Panel which has a minimum of
one Trustee a5 member, and Includes repre5enlalives from across the local community, individuals with expert
knowledge of the subject matter and employees of Heathrow Airport Ltd and other airport companies. This helps the
Trust lo build on ils knowledge of local community needs and as a result to become more effective in grant making.
Each Review Panel is granted delegatèd powers to approve funding allocations of up to £5,000. Applications for
funding of more than £5,000 are submitted. with a recommendation from the local panel, to the Board of Trustees
for consideration.
Funding criteria, application forms and deadline dates for each funding St￿8M are published on the Trust's website.
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HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Covld 19 Reslllen¢e Grants
During 2021 this Grant Review Panel consisted of the Chairs of each of the following grant review panels panels lor
their depuliesl.. Projects for Young People, Environment and Sustainability. HAPI and Communities Together. The
panel oversaw a programme to award grants of up to £5k Ljnrestricted core funding to support organisations that
Heathrow Community Trust had fvnded in the last 5 years to enable them to respond to the Covid19 emergency.
Hillingdon Covid Response Fund Grant Programme
This programme awarded grants of up lo £10,000 to organisalions in Hillingdon to support them to deliver services
to communitie5 affected by Covid19. £95,000 was available in iwo funding round5, to be ulilised by the end of
January 2022. The funding was for this programme was provided by the National Lottery Community Fund and
awarded by a grant review panel made of members of the Communities Together, Environment and Suslainabilily,
and Projects for Young People panel, with the addition of a member of staff from Hillingdon Borough Council.
The below programmes were on hold for the majority of 2021. They were reviewed in autumn 2021 and
reopened in late 2021 and early 2022 with the levels of funding available as below.
Grant5 for Projects for Young People and Environment & Sustainability Grant Programmes
Each of these programmes awards grants of up lo £7,500 for 1 year. This is a single stage process, wrth
applications reviewed by the panel who have delegated authority lo award up lo £5,000. Recommendali(¥)s for
awards over £5,000 are made to the Board of Trustees for review.
Communities Together Grant Programme
This programme awards grants of up to £2,500 for 1 year. All applications are all assessed by the panel in a single
stage process. The panel formally reports lo the Board of Trustees once per annum.
The three grant streams below vRre closed throughout 2021 and have not yet re-opened.
Communltles Together Large Grants Programme
In response lo gaps identified in our funding programmes. during 2018 a new funding programme was introduced..
Communities Together Large Grants awards up lo £25,000 for projects which focus on bringing commUn￿eS
together wth specific beneficial outcomes for adults aged 25+. Grant applications are reviewed by the CommLJnities
Together Grant Review Panel in a h￿o-stage process, with funding recommendations being made to the Board of
Trustees.
Heathrow Active People Initiative IHAPil Grant Review Panel
The HAPI grants review panel meets four times per annum and reviews applicatlons for funding in HAPI grants
programme lup lo £2,500) and Staff Matched Funding lup lo £2501. Applications to these programmes are only
open lo employees of Heathrow Arport Limited. The panel formally reports lo the Board of Tiustees once per
annum.
Development Grants
In response to an identified funding gap. Heathrow Community Trust pul in place a grant programme awarding
funding of up to £10,000 for projects to identify community needs, carry out environmentsl audits or assessments,
or projects which ￿ll11 remove blocks and enable future work to support the community. Such projects are reviewed
by the Environmental & Sustainability Grant Review Panel with funding recornmendations being made to the Board
of trustees.
General Grant Making Policy
Grant Applications musl demonslrale that they have mel the key funding criteria of the relevant grant scheme all of
which are available from our website. Our Grant Making Policy is published on the Trust's website. Grants are
awarded to projects taking pla¢e in the boroughs of Ealing, Hillingdon. Hounslow, Slough. Spellhorne. South
Buckinghamshire, Runnymede, Windsor & Maidenhead and Richmond, unless covered by the HAPI or Matched
Funding streams which are not geographically reslricled.
Employees
The Trust's CEO Rebecca Bowden left in June 2021, and the new CEO Claire Knight was appointed in May 2021,
joining the Ttusl in August 2021. The CEO of the Trust is not a Trustee and does not havè the responsibilities of a
slatulory director.

HEATHROW COMMUNITY TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees, report was approved by the Board of Trustees.
Prabhiol Basra (Chairl
Trustee
Aled Patchett
Trustee
Date..
1411012022
12-

HEATHROW COMMUNITY TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HEATHROW COMMUNITY TRUST
I report lo the Iruslees on my examination of the financial slalemenls of Heathrow Community Trust (the charilyl for
the year ended 31 December 2021.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial slalements in a¢¢ordan¢e with
the requirements of the Charib'es Act 2011 Ilhe 2011 Act}.
I report in respect of my examination of the charity's financial stslements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 14515llbl of the 2011 Act.
Independent examinerfs statement
Since the charity's gross Income exceeded £250,000 your examiner musl be a member of a body listed in section
145 of the 2011 Act. l confirm that l am qualified lo undertake the examination because l am a member of ICAEW,
which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause lo believe that in any material respect".
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act.. or
the financial statements do not accord with those records., or
the financial slalements do not comply wth the applicable requirements ¢onceming the fom) and content of
accounts set out in the Charities (Accounts and Reportsl Regulations 2008 other than any requirement that the
accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no ¢oncems and have Come across no other matters in ¢onne¢tion with the examination to which attention
should be drawn in this report in order lo enable a proper understanding of the finanryal slalements lo be reached.
Chrlstopher Calrns Bsc FCA
Alliotts LLP
Friary Court
13-21 High Street
Guildford
Surrey 1711012022
Dated.
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in
Section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am
member of ICAEW, which is one of the listed bodies.
13-

HEATHROW COMMUNITY TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2021
Unrestrlcted Restrlcted
funds
funds
2021
2021
Totsl Unrestrfcted Restrlcted
funds
funds
2020
2020
Total
2021
2020
Not9$
ncome from.
Donations and legacies
other trading activities
Investments
308,527
17,273
55
103,000
2,500
411,527
19,773
55
471,395
9,287
2,519
49,274
10,900
520,669
20,187
2,519
Totsl income
325,855
105,500
431,355
483,201
60,174
543,375
Ex
enditure
Charitable activities
239,782
93,797
333,579
533,188
60,021
593,209
Net incomellexpenditurel for
the yearl
Net movement in funds
86,073
11,703
97,776
149,9871
153
149,8341
Fund balances at 1 January
2021
245,533
153
245,686
295,520
295,520
Fund balances at 31
Dec9mber 2021
331,606
11,856
343,482
245.533
153
245,686
The statement of financial activities indudes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
14-

HEATHROW COMMUNITY TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2021
2021
2020
Notgs
Current assets
Cash at bank and in hand
527,056
713,697
Credltots: amounts falllng due wlthln
one year
10
1183,5941
1468,0111
Net current assets
343,462
245,686
Income funds
Restricted funds
Unre5tiicted funds
11
11,856
331,606
153
245,533
343,462
245,686
The financial ststements were approved by the Trustees on
1411012022
Prabhiol Basra (Chairl
Trustee
Aled Palchett
Trustee
15-

HEATHROW COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Accountlng pollcles
Charity infomiation
The principal a￿oUntIng policies applied in the preparation of the financial statements for Heathrow
Community Trust la 'Charitable Trusl'l are set out below. Heathrow CommLJnity Trust is a CIO approved by the
Charity Commission in April 2019.
1.1 A¢counllng Conventlon
The financial slalements have been prepared in accordance with the charity's constitution, the Charities Act
2011, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" l FRS 102.1
and the Charities SORP Accounting and Reporting by Charitie5. Statement of Recommended Practice
applicable lo charities preparing their accounts in accordance with the Finanaal Reporting Stsndard
applicable in the UK and Republic of Ireland IFRS 1021" leffeclive 1 January 20191. The charity is a Public
Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statanent of
Cash Flows.
The finanaal statements have departed from the Charities IAccounts and Reportsl Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practi￿ which is referred lo In the Regulations but which has since been withdrawn.
The financial statements are prepared in slerfing, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, Imodified lo include the
revaluation of freehold properties and lo Indude Investment properties and certain financial Instruments al fair
valuel. The principal accounting policies adopted are sel out below.
1.2 Going concern
Al the lime of approving the financial stslemenls, the trustees have a reasonable expectation that the charity
has adequate resources lo Continue in operational existence for the foreseeable future. Thus the Iruslees
continue to adopt the going concern basis of accounting in preparing the financial ststemenls.
1.3 Charitable funds
Unreslricled funds are available for use at the discretion of the trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors as lo how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the finanaal statements.
Endowment funds are subject to specific conditions by donors that the capitsl musl be maintained by the
charity.
1.4 Income
Income is recognised when the charity is legally entitled to il after any performance conditions have been met,
the amounts can be measured reliably, and il is probable that income will be received.
Donations are recognised on an accruals basis where the entillemenl, certainty and measurement criteria are
being met.
Legacies are recognised on re￿Ipt or otherwse if the charity has been notified of an Impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is Irealed as
conlingenl asset.
16-

HEATHROW COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
A¢¢ounllng poll¢lg$
Icontlnuedl
1.$ Exp8nditurg
Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a
third paty, It is probable that a transfer of economic benefi15 will be required in selllemenl, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. The Costs of ea¢h activity are made up of the total of dir￿1 costs and
shared Costs. including support ¢osls involved in undertaking each adivity. Direct ¢osls attributable lo a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned between those aclivilEs on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
thin borrowngs in current Iiabililies.
BasiTC financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
interest method unless the arrangement conslilules a financing Iransaclion, where the transaction is
measured al the present value of the ftjlure receipts dI$￿Unted al a market rale of interest. Financial assets
classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unless
the arrangement conslitules a financing Iransaclion, where the debt instrument is measured al the present
value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable
wthin one year are not amort15ed.
Debt instruments are subsequenuy carried al amortised cost, using the effective interest rale method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially al
transaction price and subsequenuy measured al amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.7 Employee benefits
The cost of any unused holiday enliuement is recognised in the period in which the employee's services are
received.
Temiination benefits are recognised immediately as an expense when the charity is demonstrably committed
lo lerminale the employment of an employee or to provide termination benefits.
17-

HEATHROW COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Crltlcal accountlng estlmatss and Judgements
In the application of the charity's accounting policies, the Iruslees are required to make iudgemenls, estimates
and assumptions about the Carrying amount of assets and liabilities that are not ieadily apparent from other
sources. The eslimales and associated assumptions are based on historical experience and other factors that
are considered lo be relevant. Actual results may differ from these eslimales.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects cnly that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Donations and legacies
Unrestricted Restricted
funds
funds
Total Unrestricted
funds
Restricted
funds
Total
2021
2021
2021
2020
2020
2020
Donations and gifts
308,527
103,000
411,527
471,395
49,274
520,669
Other tradlng actlvltles
Unrestrlcted Restrlcted
funds
funds
Total Unrestricted Restricted
funds
Jnds
Total
2021
2021
2021
2020
2020
2020
Fundraising events
Trading adivity income".
other
10,747
10,747
6,955
6,955
6,526
2,500
9,026
2,332
10,900
13,232
Olhei trading activits.es
17,273
2,500
19,773
9,287
10,900
20,187
Investments
Unrestricted Unrestricted
funds
funds
2021
2020
Investment income
55
2,519
18-

HEATHROW COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Expendlture
2021
2020
Grants Payable
Covid-19
Projects for young people"
Environment and Sustainability
Communities Together
Development Fund '
Staff Matching Funding
HAPI.
School Laptops
National Lottery Hillingdon Covid Project
Heathrow Schools 2021 Project
90,083
14,954}
11,595}
7,715
1770}
242,518
116,468
15721
28,260
14981
5,422
26,182
24,121
12,276}
95,000
11,492
194,695
441,901
Support costs
Governance ¢osls
121,495
17.389
62,296
89,012
333,579
593,209
Underspend relating to prior periods
19-

HEATHROW COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Support costs
Support Governance
costs
costs
2021 Support costs Governance
costs
2020
staff costs
Recruitment costs
Grant administration
PR & Communications
CRM
Accounts"ng system
Fundraising costs
Computing costs
Postage
Bank Charges
Training and ne￿OrkIng
46,884
15,690
51,159
1,494
1,209
46,884
15,690
51,159
1,494
1,209
16,289
71,395
71,395
41,871
439
2,059
1,459
179
41,871
439
2,059
1,459
179
4,686
4,886
15
298
60
298
60
Audit fees
Independent Examiners
fees
Incorporation costs
Memberships
Admin and event
Legal and professional
costs
Meeting costs
6,660
6,660
5,424
5,424
4,320
1,455
5,182
4,320
1,455
5,182
1,015
1.015
10,778
172
10,778
172
121,495
17,389
138,884
62,296
89,012
151,308
Analysed be￿een
Charitable activibes
121,495
17,389
138,884
62,296
89,012
151,308
Governance costs includes payments lo the Independent Examiners of £3.45012020.' audit fee £6,680).
Trustees
None of the trustees lor any persons connected with them) received any remuneration or benefits from the
charity during the year.
Employees
The average monthly number of erllployees during the year was".
2021
Number
2020
Number
-20-

HEATHROW COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Employ99$
Icontlnuedl
Employment ¢o$ts
2021
2020
INages and salaries
48,884
87,684
There were no employees whose annual remuneration was more than £60,000.
There were no donated services in 2021. The prior year includes an estimate of services supplied by the
Trust's Director, Treasurer and Heathrow Airport Limited staff and other expenses incurred in the running of
the Trust of £71,395. The Ttusl has one direct employee.12020." one)
10 Creditors- amounts falling due within one year
2021
2020
Other creditors
Aceruals and deferred income
178,170
5,424
464,111
3,900
183,594
468,011
11 Restricted funds
The income funds of the charity include reslricled funds comprising the following unexpended balan￿S of
donations and grants held on trust for specific purposes".
Movement in funds
Incoming
Resourc95
Balance at
resources
expended1 January 2021
Movement in funds
Incoming
Resourc8s
Balanc8 at
resource5
expended 31 D￿ernber
2021
Balance at
1 January 2020
HAPI Fund
Noise fines
NLHC Fund
School
Laptops
25,000
10,900
24,274
125,0001
110,9001
124,1211
2,276
2,276
2,500
6.927
2,500
103.000
196,0731
153
153
60,174
160,0211
153
105,500
193,7971
11,856
21

HEATHROW COMMUNITY TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
12 Analysls of net assets between funds
Unrestricted Restricted
funds
funds
2021
2021
Total Unrestricted
nds
2020
Restricted
nds
2020
Total
2021
2020
Fund balan￿S at 31
December 2021 are
represented by".
Current assetsllliabililiesl
331,606
11,856
343.462
245.533
153
245,686
331,606
11,856
343,462
245,533
153
245,686
13 Related party transactions
There were no disclosable related paty transactions during the year12020 - none).
-22-