2022-03-31-accounts

H&F GIVING LTD (FORMERLY KNOWN AS UNITED IN HAMMERSMITH AND FULHAM)

Registered Charity Number: 1187649

Registered Company Number: 11436689

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2022

H&F GIVING LTD Trustees Report for the year ended 31 March 2022

CONTENTS
REFERENCE & ADMINISTRATIVE DETAILS	3
TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022	4
Structure, Governance and Management	4
Aims and Objectives	5
Grant Making Policy	8
Financial Review	9
Plans for the Future	Error! Bookmark not defined.
Director’s Responsibilities	10
Audit Exemption	10
Independent examiner’s report to the Trustees of H&F GIVING LTD	11
STATEMENT OF FINANCIAL ACTIVITIES	12
STATEMENT OF FINANCIAL POSITION AT 31 MARCH 2022	13
NOTES TO THE FINANCIAL STATEMENTS	14

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H&F GIVING LTD Trustees Report for the year ended 31 March 2022

REFERENCE & ADMINISTRATIVE DETAILS

Directors Elise Brown Helen Fagan (DEBK) Richard Greenleaf (Resigned 8 June 2021) Chris Hammond (HUC) Julian Hillman (HUC) Joanna Kennedy (Appointed 11[th] Aug 2021) Vivienne Lukey (HUC) Susan O’Neill (DEBK) Oluwafunmikunola Odeleye (Appointed 1[st] Oct 2021) Michail Tzouvelekis (Resigned 24th Dec 2021) Nominated Trustees’ key: Hammersmith United Charities (HUC) DEBK Fulham Charity (DEBK) Executive Director Savraj Kaur (Maternity Leave) Flora Taylor (Interim Cover) Registered Charity Number 1187649 Company Registered Number 11436689 Registered Office Sycamore House Sycamore Gardens London W6 0AS Independent Examiners Crowe U.K. LLP 55 Ludgate Hill London EC4M 7JW Bankers CAF Bank 25 Kings Hill Avenue Kings Hill ME19 4JQ

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H&F GIVING LTD Trustees Report for the year ended 31 March 2022

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021

The Board of Trustees (who are also the directors of the charity) are pleased to present their annual report and financial statements of the charitable company for the year ended 31 March 2022 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes and for the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

During the year the charity changed its name from United in Hammersmith and Fulham to H&F Giving Ltd.

Structure, Governance and Management

H&F Giving Ltd is a company limited by guarantee governed by its Memorandum and Articles of Association dated 23 February 2018. It is registered as a charity with the Charity Commission. There are currently eight nominated Trustees; four appointed by Hammersmith United Charities; four appointed by Dr Edwards and Bishop Kings Fulham Charity.

Julian Hillman stood as Interim Chair until August 2021, when Joanna Kennedy was recruited for the role.

Trustees are elected to lead the charity effectively. In continued response to a 2020 audit to ensure a broad range of skills and representation of the diverse communities we serve we sought additional members, and Oluwafunmikunola Odeleye was welcomed onto the board in October 2021.

Furthermore, in December 2021 we began the process of setting up committees that include diverse members of the public, starting with a recruitment drive for a development committee.

The Trustees agreed a name change for the organisation in this financial year to Hammersmith and Fulham Giving. We began this name change process in Spring 2022 and will be making the change within the Articles of Association for the organisation before making this name change on the Companies House and Charity Commission record from H&F Giving Ltd.

Trustee recruitment and induction

New Trustees are selected through a recruitment process. Shortlisted candidates are interviewed by current Trustees who vote on the final decision at board meetings and are subsequently appointed.

New Trustees receive one-to-one induction with the Executive Director covering the Memorandum and Articles of Association, current activities, and meetings with relevant key stakeholders. Trustees undergo ongoing training on relevant issues including NSPCC Safeguarding Training in line with UNITED in Hammersmith & Fulham’s policy.

Trustees’ meetings are held quarterly. At each, the Trustees agree the broad strategy and areas of activity, including campaigns, programmes, policies, and performance.

Management and Team

UNITED in Hammersmith & Fulham has a small team of Executive Director Savraj Kaur, and part-time Community Grants Officer Christelle Bonda who left in June 2021, and who was replaced by Debbie Robinson who began in post as a Grants and Impact Officer in September 2021. Six resident community panellists stayed with us through the year, meeting ad hoc to distribute micro-grants.

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H&F GIVING LTD Trustees Report for the year ended 31 March 2022

We are members of London Funders and a member of the London’s Giving group. The Executive Director takes part in knowledge sharing sessions with peers from across the capital, to ensure we are working effectively and contributing to best practice. She also completed the Data Champions Programme by 360Giving, which brings funders together to collaborate and learn how to grow a data culture in their organisations.

The Charity is registered with the Fundraising Regulator and follows the Institute of Fundraisings code of fundraising practice . The Charity does not engage any external partners or fundraising agencies to carry out fundraising on its behalf, nor do we engage in fundraising activities that would place vulnerable people at risk. We have not received any complaints in respect to our fundraising practices.

Aims and Objectives

UNITED in Hammersmith & Fulham is the go-to organisation for funders and donors to understand and meet the needs of local people.

Hammersmith & Fulham is a densely populated, youthful, and cosmopolitan borough. Today, we are home to around 182,000 people – including the second-highest proportion of single adults in any borough in England and Wales and one of London’s highest proportion of people in their 20s.

We are rich in natural and cultural assets. We host three professional football clubs, two theatres and four international rowing races. We are highly diverse, demographically, socially, and economically – major cultural organisations represent diaspora communities from large French, Polish, Somali, Portuguese, and Irish communities as well as Black Caribbean and African, Indian, Pakistani, Bangladeshi, and Chinese residents. We are home to mosques and churches for specific national communities.

We host the UK headquarters of several major national and international companies, including L’Oreal and Walt Disney, as well as a thriving local street market and Westfield shopping centre. Significant development is bringing new corporate headquarters to White City and Old Oak, especially from the media sector. Imperial College is also developing a major new campus here.

We are not equal. The 2015 official Index of Deprivation shows that Hammersmith & Fulham is 37th (out of 326) most deprived district in terms of child poverty, and the 17th most income deprived in terms of older people.

We have the busiest foodbank in London. But we are also home to several private schools including the country’s top girls’ school. We have a thriving voluntary and community sector including over five hundred grassroots groups serving specific geographic and ethnic communities. There is a CVS and volunteer centre and one of the highest rates of volunteering in London. We have a strong tradition of place-based action focused on a network of community centres.

Our work is focused on working towards the vision of a connected borough, where all kinds of people and every generation has what they need to thrive. We do this by mobilising funds from individuals, trusts & foundations, and businesses to reach the programmes, services and community groups that enrich the lives of the people of Hammersmith & Fulham..

Public benefit

The Directors believe that they have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit.

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H&F GIVING LTD Trustees Report for the year ended 31 March 2022

Achievements

This year, we have built on our reputation as a place-based giving scheme in the borough and have gone from strength to strength in making a real difference to our community.

We are proud to have positively served according to our Articles of Association, for the relief of need - including but not restricted to poverty, lack of opportunity, ill health or disability, lack of education or skills, loneliness and isolation, homelessness - through the following projects, summarised in turn.

• Our Tech4Kids £159,000 appeal with H&F Council and local enterprise Ready Tech Go was launched to provide devices and data to 1,500 local children in poverty, so they can catch up with missed learning and gain vital digital skills for life. We continue to call on people and businesses to help us to fill the gaps and make none of these local children have to go without any longer, whether inside or outside of the pandemic

• At Christmas, we raised a record £19,885 through our annual Warmer Together: The Big H&F Christmas Lunch appeal in partnership with H&F Council ensure 500 older people received a delicious, warm Christmas lunch in their homes due to isolation or loss of loved ones. Meals were cooked in Smile Brigade’s Fulham-based kitchen hall, and delivery was undertaken in conjunction with local zero emission delivery company e-cargobikes

• We entered the new financial year administering a £32,000 Spring Wellness Fund sourced from government aid. The focus (80%) of this fund was supporting families with children with essentials, including food and utility bills, with the remainder for local groups to support households without children. Ten local projects that benefitted, including The Kulan Foundation (£6,000) who directed this to ethnic minority residents in Shepherds Bush, and Let's Unite for Autism (£4,852) who support autism affected families on low incomes with food and utility bills

• A further £60,000, also sourced from government aid made up our Summer Essentials Fund . Again, the main focus (80%) of this fund was supporting families with children with essentials, including food and utility bills, with the remainder for local groups to support households without children. 16 local projects that benefitted, including White City Interfaith Partnership (£8,000) which saw leaders of the Church of England, Roman Catholic Church & Islamic communities help those in need in their local area, and the Community Education Forum (£7,000) which helped young people and families from the Black, Asian and Minority Ethnic (BAME) communities in Hammersmith and Fulham

• In December 2021, we administered £200,000 from government aid with a focus on essentials and utility bills, which saw 26 local projects benefit.

Case Study 1. White City Interfaith Partnership received £15K

This organisation supported 85 families with essential items including food, cleaning and personal hygiene items who regularly visited their weekly Foodshare between January and March 2022. They allocated money to low-income households in poverty during the winter months. for additional measures to provide warmth and essentials including clothing and floor coverings. They provided 12 bursaries for kitchen White Goods replacements and 96 Fuel poverty bursaries each worth £25.

Revd Humphries said they were, “able to use £350 from the warmer winter essentials funding to help a single mother with a floor covering to make her flat warmer. Instead of getting out of bed and stepping onto a concrete floor she now has a warm carpet to walk on. Having lived in a

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H&F GIVING LTD Trustees Report for the year ended 31 March 2022

women's refuge and surviving domestic violence she now feels that her life (and that of her daughter) has been transformed and her flat is much more homely.”

545 people benefitted from this project in total.

Case Study 2. Minaret Community Centre received 12k for their Minaret Household Support project.

Their new Minaret Household Support project provided culturally appropriate food, gas/electricity top-up, and other essentials as COVID-19 response services to 190 households, with the majority from East/North African backgrounds. The project addressed the key themes of Isolation & Loneliness, Provision of Essentials, Community Cohesion, Volunteering, Relief of Poverty within the following postcode areas: SW6, W6, W11, W12, W14.

My name is Ms NY, I am a single parent with four children including a 15-year-old Autistic child. Minaret Centre has been there for me to understand and support me with my multiple issues including housing, benefits, SEN education etc. Early this year my benefit stopped for a reason not clear to me and I came to Minaret for support, I was really tested as I had no money and food for my children, the staff informed me about Minaret Household Support. Words cannot express the relieve I felt, this means my children will have the food they like till the issues with my Universal Credit account is sorted. I genuinely thank Minaret and H&F Giving for this life saving support.

Director Said Mohamud said, “On behalf of our service users, we are grateful for the essential service H&F Giving is offering to our community, your service is unique and I can confirm that it is the most appreciated service we offer to the community as it goes to the heart of their needs".

600 people benefitted from this project in total.

• A further £20,000 for individuals and households impacted by period poverty was also granted out by our Community Grants Panel. Seven benefitting projects including

Case Study 1. For the People from The People Received 5k

Manager, Alvina Appleton said, “ Our project is called "The Bloody Happy Project". We have helped make period products accessible and available to women and girls across the borough. We believe period products are a need not a want and should be treated as such. We realise that many girls and women within our borough suffer from period poverty. To help alleviate period poverty, we now have a total 10 sanitary stations in all libraries and all urban partnership group community centres in Hammersmith and Fulham as well as providing other places within the community stocked with free sanitary products. We have two more sanitary stations that are filled with products that will also go out within the borough meaning we have provided double than our intended amount of cabinets with this funding.

Five hundred people benefited from this funding.

Case Study 2. Bloody Good Period received 10k

Message from the Organisation,

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H&F GIVING LTD Trustees Report for the year ended 31 March 2022

“Bloody Good Period believes no one should have to compromise their menstrual health or participation in society because of their income or citizenship status. We have provided free menstrual health supplies to people in financial hardship and offered refugee and asylum seeker groups access to 6 education sessions on menstrual health and care delivered by medical professionals. Modules were tailored to participants needs, but all included a session on period products. Modules included period tracking, contraception, period products, breast screening and cervical screening. We provided a regular supply of free period products supporting people who have limited financial resources to care for their periods. Through the Period poverty grant we worked with 3 partner organisations including the Happy Baby community, ICRM and the Women's Association for Networking and Development (WAND) UK. Working with partners to deliver 1,621 packs of menstrual health products and 1 education programme to the Hammersmith and Fulham community.”

Total number of beneficiaries: over 1,000

• Our Community Grants Panel also gave out £16,847 through a Covid Recover Fund , made up of final monies from a Covid-19 appeal. This was distributed as microgrants to 21 groups, including for the Sands End Associated Projects In Action (£1,000) to continue providing food packages to young people and their families still affected by covid, and for St. Albans Fulham (£1,000) to provide mentoring services to young people in the area.

• Through the year we also continued providing administrative and advisory support for Small Tap Big Change , Hammersmith BID’s homelessness initiative. This included local homeless focused charities the Baron’s Court Project, St Andrew’s Fulham Fields, The Upper Room, and Glass Door

• We entered our second of a two-year partnership of Pedal Gives Back with Fulham-based independent bike shop Pedal Back Cycles, an ambitious project to ensure 100 abandoned bikes from Southwest Railway stations are professionally restored and matched with locals who are unable to afford a bike. This continues to reach a cross section of the community including refugees, single mothers and homeless people.

Outside of these set campaigns and activities we also ran a volunteer week initiative with local publishing company Immediate Media, who offered a staff volunteer match programme, opening skilled local workers to give two days’ advice to local charities who are resource tight. A result of this was a community cookbook, The Sharing Table, a collection of low-cost simple recipes from a range of local people. It was printed pro bono by Geoff Neal Group on paper donated by paper merchants Denmaur for distribution to low-income households across the borough.

Grant Making Policy

UNITED in Hammersmith & Fulham does not make grants to individuals, but to other charities, social enterprises, tenants and residents associations, and other constituted community groups with charitable purposes.

Published grant-making criteria set out the activities eligible on a fund-by-fund basis, all in furtherance of the Foundation’s charitable objectives. Criteria also include activities which the Trustees do not wish to support.

Nominated panellists always include a representative from the Board of Trustees with the exception of the resident-led Community Grants Panel. These groups may too, occasionally, make grants outside published criteria but that in all such cases the activity supported will be charitable in law.

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H&F GIVING LTD Trustees Report for the year ended 31 March 2022

Financial Review

Results for the year ended 31 March 2022 are given in the Statement of Financial Activities. The assets and liabilities are given in the Balance Sheet. The financial statements should be read in conjunction with the related notes. The Trustees regard the financial position of the charity at 31 March 2022 to be satisfactory. The charity was administered by Hammersmith United Charities.

In summary, the total income for the year was £476,492 ( 2021: £386,609) and total expenditure on charitable activities amounted to £478,983 (2021: £342,114). The main source of income for the Charity was council funding, trust and foundations, and individual donations.

A significant increase compared to last year was achieved due to successful crowdfunding, and a new partnership with the local council to grant funds incoming from central government departments.

At 31 March 2022, the charity’s net current assets amounted to £76,218 (2021: £78,709) as shown in the Balance Sheet. Full details of income and expenditure are set out in the notes to the financial statements.

Reserves

UNITED in Hammersmith & Fulham will aim to hold sufficient reserves to meet its legal obligations including completing grant commitments. The Charity is currently dependent on grant income to maintain its core activities.

The Trustees aim to maintain unrestricted reserves equivalent to three months running costs, this equates to approximately £23,107.

The Trustees consider that this level will provide sufficient funds to cover support and governance costs. Unrestricted free reserves at the end of this period were £49,444.

Restricted reserves total £26,774 and relate to funds raised to distribute to the community, these will be distributed after the year end in accordance with our planned activity.

Going Concern

At the December Board meeting the Trustees reviewed current reserves, forecast future income and forthcoming commitments for the 12 months to December 2023, especially given a majority core cost City Bridge Trust funding for the following four years. As a result, the Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Plans

The future for all of us dominated by ongoing crises in the world, including ongoing effects of the coronavirus crisis, the war in Ukraine, and the cost-of-living crisis, which hugely affect local people. Nonetheless, we will govern with to galvanise local people, businesses, and organisations to encourage them to give their time, energy, and money to support people Hammersmith & Fulham.

With improved systems in place, we will be more data informed and examine how we can expand and best partner for change. This will be echoed by a new Theory of Change and pitch for how others can get involved.

All of this is important as we those in need in our community continue to need us, and we remain committed to our work.

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H&F GIVING LTD Trustees Report for the year ended 31 March 2022

Director’s Responsibilities

The directors are also Trustees of H&F Giving Ltd for the purposes of charity law and are responsible for preparing the Directors’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the directors are required to:

• select suitable accounting policies and apply them consistently.

• observe the methods and principles in the Charities SORP.

• make judgments and estimates that are reasonable and prudent.

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue its operations.

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention of fraud and other irregularities.

Audit Exemption

For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

This report has been prepared in accordance with the special provisions relating to companies subject to the Small Companies Regime within part 15 of the Companies Act 2006. It was approved by the Board of Directors on 12 December 2022, and signed on behalf of the Board by:

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INDEPENDENT EXAMINERS REPORT H&F GIVING LTD

Independent examiner’s report to the Trustees of H&F GIVING LTD

I report on the financial statements of the company for the year ended 31 March 2022 which are set out on pages 12 to 20.

This report is made solely to the charitable company’s Trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and the charitable company’s Trustees as a body in accordance with section 154 of the Charities Act 2011. My independent examiner’s work has been undertaken so that I might state to the charitable company’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company, the charitable company’s members as a body and the charitable company’s Trustees as a body for my independent examiner’s work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the charity’s Trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns 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.

Andrew Thomas ACA Chartered Accountant Crowe U.K. LLP 55 Ludgate Hill London EC4M 7JW Date: 22 December 2022

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H&F GIVING LTD

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2022

Note Income from: Donations and Grants 2 Total Expenditure on: Charitable activities 3 Total Net income / (expenditure) Net Movement in funds Reconciliation of funds Funds brought forward Total Funds carried forward	Unrestricted funds Restricted funds Year ended 31 March 2022 Period ended 31 March 2021 £ £ £ £ 106,342 370,150 476,492 386,609
	106,342 370,150 476,492 386,609
	83,395 395,588 478,982 342,114
	83,395 395,588 478,982 342,114
	22,947 (25,438) (2,491) 44,495 22,947 (25,438) (2,491) 44,495 26,497 52,212 78,709 34,214
	49,444 26,774 76,218 78,709

All the above results are derived from continuing activities. The notes on pages 14 - 20 form part of these financial statements

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H&F GIVING LTD

STATEMENT OF FINANCIAL POSITION AT 31 MARCH 2022 Company Registered Number 11436689

Note Current assets Debtors 6 Cash at Bank Creditors:amounts falling due within one year Accruals 7 Net current assets Net Assets Funds 8 Restricted funds Unrestricted funds 8 Total Funds	£ 64 79,488	31 March 2022 £ 76,218 76,218 26,774 49,444 76,218	£ 56,411 44,943	31 March 2021 £ 78,709
	79,552 (3,334)		101,354 (22,645)
				78,709
				52,212 26,497
				78,709

For the year ended 31 March 2022, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with FRS 102 Section 1A, ’The Financial Reporting Standard applicable in the UK and Republic of Ireland’.

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H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS102) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011, and UK Generally Accepted Practice.

In the view of the Trustees, having considered expectations and intentions for the next twelve months and the availability of working capital, there are no material uncertainties casting doubt on the going concern of the charity. The Trustees are therefore satisfied that it remains appropriate to prepare the financial statements on the going concern basis.

1.2 Company status

The company is a company limited by guarantee incorporated and domiciled in the UK and is a public benefit entity as defined by FRS102. Company registration number 11436689 and Charity Registration number: 1187649. The registered office is Sycamore House, Sycamore Gardens, London, W6 0AS. Aims and objectives are set out on page 5 of the Trustees Report.

1.3 Income

All income is included in the Income Statement when the company is legally entitled to the income and the amount can be quantified with reasonable accuracy and the likelihood of receipt of the income is probable.

1.4 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the company to that expenditure, and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Grants commitments are recognised when the intention to make a grant have been communicated to the recipient.

1.5 Taxation

H&F Giving Ltd is a charity for the purposes of Corporation Tax. Under Part 11 Corporation Tax act 2010 and s.256 Taxation of Chargeable Gains Act 1992 it is entitled to exemption from Tax on certain sources of income and gains including donations, investment income from charitable trading.

1.6 Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Directors. Restricted funds are used in accordance with donors’ restrictions.

1.7 Financial Instruments

The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Financial assets held at cost comprise trade and other debtors. Financial liabilities held at cost comprise accrued costs.

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H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

2. INCOME FROM DONATIONS AND GRANTS

Donations Grants: Hammersmith United Charities DEBK Fulham Charity LBHF Council City Bridge Trust Total Donations and Grants Total 2021	Unrestricted Funds Restricted Funds Total Funds Total Funds 2022 2022 2022 2021 £ £ £ £ 4,501 50,982 55,484 151,273 15,000 500 15,500 45,000 15,000 6,000 21,000 20,000 26,841 312,667 339,508 146,836 45,000 - 45,000 23,500
	101,841 319,167 421,008 235,336
	106,342 370,149 476,492 386,609
	74,347 312,262 386,609

3. EXPENDITURE ON CHARITABLE ACTIVITIES

Grants Awarded Other Direct Costs Staff Costs (Note 4) Professional Fees Governance Costs Office Costs	Charitable Activities Total Total Direct Support 2022 2021 £ £ £ £ 395,588 - 395,588 276,058 13,512 - 13,512 5,195 - 63,233 63,233 51,113 - 1,233 1,233 5,150 - 3,354 3,354 3,104 - 2,062 2,062 1,494
	409,100 69,882 478,982 342,114

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H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

Analysis of Grants Awarded by Project

Grants were awarded to institutions for the following projects:

Great Get Together Pedal Gives Back Warmer Together Small Tap Big Change Coronavirus Local Authority Funding Tech4kids H&F Mutual Aid Total	2022 £ 2021 £ - 300 - 3,470 26,835 4,872 6,015 16,847 123,283 311,600 142,836 31,547 - 3,887 154
	395,588 276,058

Included within governance costs are independent examiner fees of £3,000 (2021: £3,000).

4. STAFF COSTS

	2022	2021
	£	£
Wages and Salaries	54,691	45,593
Social Security Costs	5,287	4,576
Pension	498	262
Other staff costs	2,757	682
	______	_____
Total staff costs	63,233	51,113

There were no employees with salaries in excess of £60,000 (2021: Nil) Hammersmith United Charities provides administration support for the charity.

5. RELATED PARTY TRANSACTIONS

None of the Trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity. (2021: Nil).

Dr Edwards and Bishop Kings Fulham Charity (founding partner): £15,000 donation towards running costs (2021: £15,000) and £6,000k donation to the Big Lunch. A donation of £5,000 was made towards the Coronavirus appeal in 2021.

Hammersmith United Charities (founding partner): £15,000 (2021: £30,000) towards running costs and £500 donation towards the Big Lunch. A donation of £5,000 was made towards the Coronavirus appeal in 2021.

At 31 March 2022, £64 (2021: £563) was due from Hammersmith United Charities.

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H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

6. Debtor

6.	Debtor
		2022	2021
		£	£
	Cash in HUC Account	64	563
	Accrued Income and Prepayment	-	55,848
		______	_____
		64	56,411
7.	Creditor
		2022	2021
		£	£
	Grants Payable	-	12,100
	Trade Creditors	334	5,584
	Accruals	3,000	4,960
		______	_____
		3,334	22,644

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H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

8. STATEMENT OF FUNDS

	Balance	Incoming	Outgoing	Balances
For the Year ended to	Brought	Resources	Resources	carried
31 March 2022	forward			forward
		£	£	£
RESTRICTED:
Great Get Together	1,780	-	-	1,780
Warmer Together	17,268	19,855	(26,835)	10,288
Small Tap Big Change	6,557	3,988	(4,872)	5,673
Coronavirus Community	15,724	1,123	(16,847)	-
Response Appeal
Local Authority Funding	-	312,667	(311,600)	1,067
H&F Ukraine Response	-	1,630	-	1,630
Appeal
Tech4Kids Appeal	6,996	30,887	(31,547)	6,336
Other	3,887	-	(3,887)	-
	_____	______	_	______
Total restricted funds	52,212	370,150	(395,588)	26,774
UNRESTRICTED:
General reserve	26,497	106,342	(83,395)	49,444
	Balance	Incoming	Outgoing	Balances
For the Year ended to	Brought	Resources	Resources	carried
31 March 2021	forward			forward
		£	£	£
RESTRICTED:
Great Get Together	2,080	-	(300)	1,780
Warmer Together	6,409	10,859	-	17,268
Small Tap Big Change	524	12,048	(6,015)	6,557
Coronavirus community	6,995	132,012	(123,283)	15,724
Response appeal
DWP Winter Wellbeing	-	142,836	(142,836)	-
Pedal Gives Back	-	3,470	(3.470)	-
Tech4Kids	-	6,996	-	6,996
Other	-	4,041	(154)	3,887
	_____	______	_	______
Total restricted funds	16,008	312,262	(276,658)	52,212
UNRESTRICTED:
General reserve	18,206	74,347	(66,056)	26,497

18

H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

Purpose of restricted funds

Great Get Together: For building connections across diverse backgrounds Warmer Together: For older people who struggle through the winter months Small Tap Big Change: For rough sleepers in the local area

Coronavirus Community Response Appeal: For covid related response activities DWP Winter Wellbeing: For children and families needing essentials Pedal Gives Back: For making bicycles available to people in poverty Tech4Kids: For devices and data for digitally excluded children and young people . Local Authority Funding: For essential household funding in Hammersmith & Fulham Ukraine Response Appeal: For Ukrainians who fled the war for Hammersmith & Fulham

9 NET ASSET ALLOCATION

For the Year Ended	Unrestricted	Restricted		Total
31 March 2022
	£	£		£
Debtor	-	64		64
Cash at Bank	52,778	26,710		79,488
Accruals	(3,334)	-		(3,334)
	_	______		______
Net Current Assets	49,444	26,774		76,218
For the period to	Unrestricted	Restricted	Total
31 March 2021
	£	£		£
Debtor	-	563		563
Accrued Income (LBHF)		55,848		55,848
Cash at Bank	37,041	7,901		44,942
Accruals	(10,544)	(12,100)		(22,644)
	_	______		______
Net Current Assets	26,497	52,212		78,709

19

H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

Comparative Sofa

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 MARCH 2021

Income from: Donations and Grants Total Expenditure on: Charitable activities Total Net income / (expenditure) Net Movement in funds Reconciliation of funds Funds brought forward Total Funds carried forward	Unrestricted funds Restricted funds Year ended 31 March 2021 £ £ £ 74,347 312,262 386,609
	74,347 312,262 386,609
	66,056 276,058 342,114
	66,056 276,058 342,114
	8,291 36,204 44,495 8,291 36,204 44,495 18,206 16,008 34,214
	26,497 52,212 78,709

20

H&F GIVING LTD (FORMERLY KNOWN AS UNITED IN HAMMERSMITH AND FULHAM)

Registered Charity Number: 1187649

Registered Company Number: 11436689

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2022

H&F GIVING LTD Trustees Report for the year ended 31 March 2022

CONTENTS
REFERENCE & ADMINISTRATIVE DETAILS	3
TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2022	4
Structure, Governance and Management	4
Aims and Objectives	5
Grant Making Policy	8
Financial Review	9
Plans for the Future	Error! Bookmark not defined.
Director’s Responsibilities	10
Audit Exemption	10
Independent examiner’s report to the Trustees of H&F GIVING LTD	11
STATEMENT OF FINANCIAL ACTIVITIES	12
STATEMENT OF FINANCIAL POSITION AT 31 MARCH 2022	13
NOTES TO THE FINANCIAL STATEMENTS	14

2

H&F GIVING LTD Trustees Report for the year ended 31 March 2022

REFERENCE & ADMINISTRATIVE DETAILS

Directors Elise Brown Helen Fagan (DEBK) Richard Greenleaf (Resigned 8 June 2021) Chris Hammond (HUC) Julian Hillman (HUC) Joanna Kennedy (Appointed 11[th] Aug 2021) Vivienne Lukey (HUC) Susan O’Neill (DEBK) Oluwafunmikunola Odeleye (Appointed 1[st] Oct 2021) Michail Tzouvelekis (Resigned 24th Dec 2021) Nominated Trustees’ key: Hammersmith United Charities (HUC) DEBK Fulham Charity (DEBK) Executive Director Savraj Kaur (Maternity Leave) Flora Taylor (Interim Cover) Registered Charity Number 1187649 Company Registered Number 11436689 Registered Office Sycamore House Sycamore Gardens London W6 0AS Independent Examiners Crowe U.K. LLP 55 Ludgate Hill London EC4M 7JW Bankers CAF Bank 25 Kings Hill Avenue Kings Hill ME19 4JQ

3

H&F GIVING LTD Trustees Report for the year ended 31 March 2022

TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2021

The Board of Trustees (who are also the directors of the charity) are pleased to present their annual report and financial statements of the charitable company for the year ended 31 March 2022 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes and for the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

During the year the charity changed its name from United in Hammersmith and Fulham to H&F Giving Ltd.

Structure, Governance and Management

H&F Giving Ltd is a company limited by guarantee governed by its Memorandum and Articles of Association dated 23 February 2018. It is registered as a charity with the Charity Commission. There are currently eight nominated Trustees; four appointed by Hammersmith United Charities; four appointed by Dr Edwards and Bishop Kings Fulham Charity.

Julian Hillman stood as Interim Chair until August 2021, when Joanna Kennedy was recruited for the role.

Trustees are elected to lead the charity effectively. In continued response to a 2020 audit to ensure a broad range of skills and representation of the diverse communities we serve we sought additional members, and Oluwafunmikunola Odeleye was welcomed onto the board in October 2021.

Furthermore, in December 2021 we began the process of setting up committees that include diverse members of the public, starting with a recruitment drive for a development committee.

The Trustees agreed a name change for the organisation in this financial year to Hammersmith and Fulham Giving. We began this name change process in Spring 2022 and will be making the change within the Articles of Association for the organisation before making this name change on the Companies House and Charity Commission record from H&F Giving Ltd.

Trustee recruitment and induction

New Trustees are selected through a recruitment process. Shortlisted candidates are interviewed by current Trustees who vote on the final decision at board meetings and are subsequently appointed.

New Trustees receive one-to-one induction with the Executive Director covering the Memorandum and Articles of Association, current activities, and meetings with relevant key stakeholders. Trustees undergo ongoing training on relevant issues including NSPCC Safeguarding Training in line with UNITED in Hammersmith & Fulham’s policy.

Trustees’ meetings are held quarterly. At each, the Trustees agree the broad strategy and areas of activity, including campaigns, programmes, policies, and performance.

Management and Team

UNITED in Hammersmith & Fulham has a small team of Executive Director Savraj Kaur, and part-time Community Grants Officer Christelle Bonda who left in June 2021, and who was replaced by Debbie Robinson who began in post as a Grants and Impact Officer in September 2021. Six resident community panellists stayed with us through the year, meeting ad hoc to distribute micro-grants.

4

H&F GIVING LTD Trustees Report for the year ended 31 March 2022

We are members of London Funders and a member of the London’s Giving group. The Executive Director takes part in knowledge sharing sessions with peers from across the capital, to ensure we are working effectively and contributing to best practice. She also completed the Data Champions Programme by 360Giving, which brings funders together to collaborate and learn how to grow a data culture in their organisations.

The Charity is registered with the Fundraising Regulator and follows the Institute of Fundraisings code of fundraising practice . The Charity does not engage any external partners or fundraising agencies to carry out fundraising on its behalf, nor do we engage in fundraising activities that would place vulnerable people at risk. We have not received any complaints in respect to our fundraising practices.

Aims and Objectives

UNITED in Hammersmith & Fulham is the go-to organisation for funders and donors to understand and meet the needs of local people.

Hammersmith & Fulham is a densely populated, youthful, and cosmopolitan borough. Today, we are home to around 182,000 people – including the second-highest proportion of single adults in any borough in England and Wales and one of London’s highest proportion of people in their 20s.

We are rich in natural and cultural assets. We host three professional football clubs, two theatres and four international rowing races. We are highly diverse, demographically, socially, and economically – major cultural organisations represent diaspora communities from large French, Polish, Somali, Portuguese, and Irish communities as well as Black Caribbean and African, Indian, Pakistani, Bangladeshi, and Chinese residents. We are home to mosques and churches for specific national communities.

We host the UK headquarters of several major national and international companies, including L’Oreal and Walt Disney, as well as a thriving local street market and Westfield shopping centre. Significant development is bringing new corporate headquarters to White City and Old Oak, especially from the media sector. Imperial College is also developing a major new campus here.

We are not equal. The 2015 official Index of Deprivation shows that Hammersmith & Fulham is 37th (out of 326) most deprived district in terms of child poverty, and the 17th most income deprived in terms of older people.

We have the busiest foodbank in London. But we are also home to several private schools including the country’s top girls’ school. We have a thriving voluntary and community sector including over five hundred grassroots groups serving specific geographic and ethnic communities. There is a CVS and volunteer centre and one of the highest rates of volunteering in London. We have a strong tradition of place-based action focused on a network of community centres.

Our work is focused on working towards the vision of a connected borough, where all kinds of people and every generation has what they need to thrive. We do this by mobilising funds from individuals, trusts & foundations, and businesses to reach the programmes, services and community groups that enrich the lives of the people of Hammersmith & Fulham..

Public benefit

The Directors believe that they have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit.

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H&F GIVING LTD Trustees Report for the year ended 31 March 2022

Achievements

This year, we have built on our reputation as a place-based giving scheme in the borough and have gone from strength to strength in making a real difference to our community.

We are proud to have positively served according to our Articles of Association, for the relief of need - including but not restricted to poverty, lack of opportunity, ill health or disability, lack of education or skills, loneliness and isolation, homelessness - through the following projects, summarised in turn.

• Our Tech4Kids £159,000 appeal with H&F Council and local enterprise Ready Tech Go was launched to provide devices and data to 1,500 local children in poverty, so they can catch up with missed learning and gain vital digital skills for life. We continue to call on people and businesses to help us to fill the gaps and make none of these local children have to go without any longer, whether inside or outside of the pandemic

• At Christmas, we raised a record £19,885 through our annual Warmer Together: The Big H&F Christmas Lunch appeal in partnership with H&F Council ensure 500 older people received a delicious, warm Christmas lunch in their homes due to isolation or loss of loved ones. Meals were cooked in Smile Brigade’s Fulham-based kitchen hall, and delivery was undertaken in conjunction with local zero emission delivery company e-cargobikes

• We entered the new financial year administering a £32,000 Spring Wellness Fund sourced from government aid. The focus (80%) of this fund was supporting families with children with essentials, including food and utility bills, with the remainder for local groups to support households without children. Ten local projects that benefitted, including The Kulan Foundation (£6,000) who directed this to ethnic minority residents in Shepherds Bush, and Let's Unite for Autism (£4,852) who support autism affected families on low incomes with food and utility bills

• A further £60,000, also sourced from government aid made up our Summer Essentials Fund . Again, the main focus (80%) of this fund was supporting families with children with essentials, including food and utility bills, with the remainder for local groups to support households without children. 16 local projects that benefitted, including White City Interfaith Partnership (£8,000) which saw leaders of the Church of England, Roman Catholic Church & Islamic communities help those in need in their local area, and the Community Education Forum (£7,000) which helped young people and families from the Black, Asian and Minority Ethnic (BAME) communities in Hammersmith and Fulham

• In December 2021, we administered £200,000 from government aid with a focus on essentials and utility bills, which saw 26 local projects benefit.

Case Study 1. White City Interfaith Partnership received £15K

This organisation supported 85 families with essential items including food, cleaning and personal hygiene items who regularly visited their weekly Foodshare between January and March 2022. They allocated money to low-income households in poverty during the winter months. for additional measures to provide warmth and essentials including clothing and floor coverings. They provided 12 bursaries for kitchen White Goods replacements and 96 Fuel poverty bursaries each worth £25.

Revd Humphries said they were, “able to use £350 from the warmer winter essentials funding to help a single mother with a floor covering to make her flat warmer. Instead of getting out of bed and stepping onto a concrete floor she now has a warm carpet to walk on. Having lived in a

6

H&F GIVING LTD Trustees Report for the year ended 31 March 2022

women's refuge and surviving domestic violence she now feels that her life (and that of her daughter) has been transformed and her flat is much more homely.”

545 people benefitted from this project in total.

Case Study 2. Minaret Community Centre received 12k for their Minaret Household Support project.

Their new Minaret Household Support project provided culturally appropriate food, gas/electricity top-up, and other essentials as COVID-19 response services to 190 households, with the majority from East/North African backgrounds. The project addressed the key themes of Isolation & Loneliness, Provision of Essentials, Community Cohesion, Volunteering, Relief of Poverty within the following postcode areas: SW6, W6, W11, W12, W14.

My name is Ms NY, I am a single parent with four children including a 15-year-old Autistic child. Minaret Centre has been there for me to understand and support me with my multiple issues including housing, benefits, SEN education etc. Early this year my benefit stopped for a reason not clear to me and I came to Minaret for support, I was really tested as I had no money and food for my children, the staff informed me about Minaret Household Support. Words cannot express the relieve I felt, this means my children will have the food they like till the issues with my Universal Credit account is sorted. I genuinely thank Minaret and H&F Giving for this life saving support.

Director Said Mohamud said, “On behalf of our service users, we are grateful for the essential service H&F Giving is offering to our community, your service is unique and I can confirm that it is the most appreciated service we offer to the community as it goes to the heart of their needs".

600 people benefitted from this project in total.

• A further £20,000 for individuals and households impacted by period poverty was also granted out by our Community Grants Panel. Seven benefitting projects including

Case Study 1. For the People from The People Received 5k

Manager, Alvina Appleton said, “ Our project is called "The Bloody Happy Project". We have helped make period products accessible and available to women and girls across the borough. We believe period products are a need not a want and should be treated as such. We realise that many girls and women within our borough suffer from period poverty. To help alleviate period poverty, we now have a total 10 sanitary stations in all libraries and all urban partnership group community centres in Hammersmith and Fulham as well as providing other places within the community stocked with free sanitary products. We have two more sanitary stations that are filled with products that will also go out within the borough meaning we have provided double than our intended amount of cabinets with this funding.

Five hundred people benefited from this funding.

Case Study 2. Bloody Good Period received 10k

Message from the Organisation,

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H&F GIVING LTD Trustees Report for the year ended 31 March 2022

“Bloody Good Period believes no one should have to compromise their menstrual health or participation in society because of their income or citizenship status. We have provided free menstrual health supplies to people in financial hardship and offered refugee and asylum seeker groups access to 6 education sessions on menstrual health and care delivered by medical professionals. Modules were tailored to participants needs, but all included a session on period products. Modules included period tracking, contraception, period products, breast screening and cervical screening. We provided a regular supply of free period products supporting people who have limited financial resources to care for their periods. Through the Period poverty grant we worked with 3 partner organisations including the Happy Baby community, ICRM and the Women's Association for Networking and Development (WAND) UK. Working with partners to deliver 1,621 packs of menstrual health products and 1 education programme to the Hammersmith and Fulham community.”

Total number of beneficiaries: over 1,000

• Our Community Grants Panel also gave out £16,847 through a Covid Recover Fund , made up of final monies from a Covid-19 appeal. This was distributed as microgrants to 21 groups, including for the Sands End Associated Projects In Action (£1,000) to continue providing food packages to young people and their families still affected by covid, and for St. Albans Fulham (£1,000) to provide mentoring services to young people in the area.

• Through the year we also continued providing administrative and advisory support for Small Tap Big Change , Hammersmith BID’s homelessness initiative. This included local homeless focused charities the Baron’s Court Project, St Andrew’s Fulham Fields, The Upper Room, and Glass Door

• We entered our second of a two-year partnership of Pedal Gives Back with Fulham-based independent bike shop Pedal Back Cycles, an ambitious project to ensure 100 abandoned bikes from Southwest Railway stations are professionally restored and matched with locals who are unable to afford a bike. This continues to reach a cross section of the community including refugees, single mothers and homeless people.

Outside of these set campaigns and activities we also ran a volunteer week initiative with local publishing company Immediate Media, who offered a staff volunteer match programme, opening skilled local workers to give two days’ advice to local charities who are resource tight. A result of this was a community cookbook, The Sharing Table, a collection of low-cost simple recipes from a range of local people. It was printed pro bono by Geoff Neal Group on paper donated by paper merchants Denmaur for distribution to low-income households across the borough.

Grant Making Policy

UNITED in Hammersmith & Fulham does not make grants to individuals, but to other charities, social enterprises, tenants and residents associations, and other constituted community groups with charitable purposes.

Published grant-making criteria set out the activities eligible on a fund-by-fund basis, all in furtherance of the Foundation’s charitable objectives. Criteria also include activities which the Trustees do not wish to support.

Nominated panellists always include a representative from the Board of Trustees with the exception of the resident-led Community Grants Panel. These groups may too, occasionally, make grants outside published criteria but that in all such cases the activity supported will be charitable in law.

8

H&F GIVING LTD Trustees Report for the year ended 31 March 2022

Financial Review

Results for the year ended 31 March 2022 are given in the Statement of Financial Activities. The assets and liabilities are given in the Balance Sheet. The financial statements should be read in conjunction with the related notes. The Trustees regard the financial position of the charity at 31 March 2022 to be satisfactory. The charity was administered by Hammersmith United Charities.

In summary, the total income for the year was £476,492 ( 2021: £386,609) and total expenditure on charitable activities amounted to £478,983 (2021: £342,114). The main source of income for the Charity was council funding, trust and foundations, and individual donations.

A significant increase compared to last year was achieved due to successful crowdfunding, and a new partnership with the local council to grant funds incoming from central government departments.

At 31 March 2022, the charity’s net current assets amounted to £76,218 (2021: £78,709) as shown in the Balance Sheet. Full details of income and expenditure are set out in the notes to the financial statements.

Reserves

UNITED in Hammersmith & Fulham will aim to hold sufficient reserves to meet its legal obligations including completing grant commitments. The Charity is currently dependent on grant income to maintain its core activities.

The Trustees aim to maintain unrestricted reserves equivalent to three months running costs, this equates to approximately £23,107.

The Trustees consider that this level will provide sufficient funds to cover support and governance costs. Unrestricted free reserves at the end of this period were £49,444.

Restricted reserves total £26,774 and relate to funds raised to distribute to the community, these will be distributed after the year end in accordance with our planned activity.

Going Concern

At the December Board meeting the Trustees reviewed current reserves, forecast future income and forthcoming commitments for the 12 months to December 2023, especially given a majority core cost City Bridge Trust funding for the following four years. As a result, the Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

Plans

The future for all of us dominated by ongoing crises in the world, including ongoing effects of the coronavirus crisis, the war in Ukraine, and the cost-of-living crisis, which hugely affect local people. Nonetheless, we will govern with to galvanise local people, businesses, and organisations to encourage them to give their time, energy, and money to support people Hammersmith & Fulham.

With improved systems in place, we will be more data informed and examine how we can expand and best partner for change. This will be echoed by a new Theory of Change and pitch for how others can get involved.

All of this is important as we those in need in our community continue to need us, and we remain committed to our work.

9

H&F GIVING LTD Trustees Report for the year ended 31 March 2022

Director’s Responsibilities

The directors are also Trustees of H&F Giving Ltd for the purposes of charity law and are responsible for preparing the Directors’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the directors are required to:

• select suitable accounting policies and apply them consistently.

• observe the methods and principles in the Charities SORP.

• make judgments and estimates that are reasonable and prudent.

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue its operations.

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention of fraud and other irregularities.

Audit Exemption

For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

This report has been prepared in accordance with the special provisions relating to companies subject to the Small Companies Regime within part 15 of the Companies Act 2006. It was approved by the Board of Directors on 12 December 2022, and signed on behalf of the Board by:

10

INDEPENDENT EXAMINERS REPORT H&F GIVING LTD

Independent examiner’s report to the Trustees of H&F GIVING LTD

I report on the financial statements of the company for the year ended 31 March 2022 which are set out on pages 12 to 20.

This report is made solely to the charitable company’s Trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and the charitable company’s Trustees as a body in accordance with section 154 of the Charities Act 2011. My independent examiner’s work has been undertaken so that I might state to the charitable company’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charitable company, the charitable company’s members as a body and the charitable company’s Trustees as a body for my independent examiner’s work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the charity’s Trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns 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.

Andrew Thomas ACA Chartered Accountant Crowe U.K. LLP 55 Ludgate Hill London EC4M 7JW Date: 22 December 2022

11

H&F GIVING LTD

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2022

Note Income from: Donations and Grants 2 Total Expenditure on: Charitable activities 3 Total Net income / (expenditure) Net Movement in funds Reconciliation of funds Funds brought forward Total Funds carried forward	Unrestricted funds Restricted funds Year ended 31 March 2022 Period ended 31 March 2021 £ £ £ £ 106,342 370,150 476,492 386,609
	106,342 370,150 476,492 386,609
	83,395 395,588 478,982 342,114
	83,395 395,588 478,982 342,114
	22,947 (25,438) (2,491) 44,495 22,947 (25,438) (2,491) 44,495 26,497 52,212 78,709 34,214
	49,444 26,774 76,218 78,709

All the above results are derived from continuing activities. The notes on pages 14 - 20 form part of these financial statements

12

H&F GIVING LTD

STATEMENT OF FINANCIAL POSITION AT 31 MARCH 2022 Company Registered Number 11436689

Note Current assets Debtors 6 Cash at Bank Creditors:amounts falling due within one year Accruals 7 Net current assets Net Assets Funds 8 Restricted funds Unrestricted funds 8 Total Funds	£ 64 79,488	31 March 2022 £ 76,218 76,218 26,774 49,444 76,218	£ 56,411 44,943	31 March 2021 £ 78,709
	79,552 (3,334)		101,354 (22,645)
				78,709
				52,212 26,497
				78,709

For the year ended 31 March 2022, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and in accordance with FRS 102 Section 1A, ’The Financial Reporting Standard applicable in the UK and Republic of Ireland’.

13

H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS102) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011, and UK Generally Accepted Practice.

In the view of the Trustees, having considered expectations and intentions for the next twelve months and the availability of working capital, there are no material uncertainties casting doubt on the going concern of the charity. The Trustees are therefore satisfied that it remains appropriate to prepare the financial statements on the going concern basis.

1.2 Company status

The company is a company limited by guarantee incorporated and domiciled in the UK and is a public benefit entity as defined by FRS102. Company registration number 11436689 and Charity Registration number: 1187649. The registered office is Sycamore House, Sycamore Gardens, London, W6 0AS. Aims and objectives are set out on page 5 of the Trustees Report.

1.3 Income

All income is included in the Income Statement when the company is legally entitled to the income and the amount can be quantified with reasonable accuracy and the likelihood of receipt of the income is probable.

1.4 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the company to that expenditure, and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Grants commitments are recognised when the intention to make a grant have been communicated to the recipient.

1.5 Taxation

H&F Giving Ltd is a charity for the purposes of Corporation Tax. Under Part 11 Corporation Tax act 2010 and s.256 Taxation of Chargeable Gains Act 1992 it is entitled to exemption from Tax on certain sources of income and gains including donations, investment income from charitable trading.

1.6 Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Directors. Restricted funds are used in accordance with donors’ restrictions.

1.7 Financial Instruments

The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Financial assets held at cost comprise trade and other debtors. Financial liabilities held at cost comprise accrued costs.

14

H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

2. INCOME FROM DONATIONS AND GRANTS

Donations Grants: Hammersmith United Charities DEBK Fulham Charity LBHF Council City Bridge Trust Total Donations and Grants Total 2021	Unrestricted Funds Restricted Funds Total Funds Total Funds 2022 2022 2022 2021 £ £ £ £ 4,501 50,982 55,484 151,273 15,000 500 15,500 45,000 15,000 6,000 21,000 20,000 26,841 312,667 339,508 146,836 45,000 - 45,000 23,500
	101,841 319,167 421,008 235,336
	106,342 370,149 476,492 386,609
	74,347 312,262 386,609

3. EXPENDITURE ON CHARITABLE ACTIVITIES

Grants Awarded Other Direct Costs Staff Costs (Note 4) Professional Fees Governance Costs Office Costs	Charitable Activities Total Total Direct Support 2022 2021 £ £ £ £ 395,588 - 395,588 276,058 13,512 - 13,512 5,195 - 63,233 63,233 51,113 - 1,233 1,233 5,150 - 3,354 3,354 3,104 - 2,062 2,062 1,494
	409,100 69,882 478,982 342,114

15

H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

Analysis of Grants Awarded by Project

Grants were awarded to institutions for the following projects:

Great Get Together Pedal Gives Back Warmer Together Small Tap Big Change Coronavirus Local Authority Funding Tech4kids H&F Mutual Aid Total	2022 £ 2021 £ - 300 - 3,470 26,835 4,872 6,015 16,847 123,283 311,600 142,836 31,547 - 3,887 154
	395,588 276,058

Included within governance costs are independent examiner fees of £3,000 (2021: £3,000).

4. STAFF COSTS

	2022	2021
	£	£
Wages and Salaries	54,691	45,593
Social Security Costs	5,287	4,576
Pension	498	262
Other staff costs	2,757	682
	______	_____
Total staff costs	63,233	51,113

There were no employees with salaries in excess of £60,000 (2021: Nil) Hammersmith United Charities provides administration support for the charity.

5. RELATED PARTY TRANSACTIONS

None of the Trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity. (2021: Nil).

Dr Edwards and Bishop Kings Fulham Charity (founding partner): £15,000 donation towards running costs (2021: £15,000) and £6,000k donation to the Big Lunch. A donation of £5,000 was made towards the Coronavirus appeal in 2021.

Hammersmith United Charities (founding partner): £15,000 (2021: £30,000) towards running costs and £500 donation towards the Big Lunch. A donation of £5,000 was made towards the Coronavirus appeal in 2021.

At 31 March 2022, £64 (2021: £563) was due from Hammersmith United Charities.

16

H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

6. Debtor

6.	Debtor
		2022	2021
		£	£
	Cash in HUC Account	64	563
	Accrued Income and Prepayment	-	55,848
		______	_____
		64	56,411
7.	Creditor
		2022	2021
		£	£
	Grants Payable	-	12,100
	Trade Creditors	334	5,584
	Accruals	3,000	4,960
		______	_____
		3,334	22,644

17

H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

8. STATEMENT OF FUNDS

	Balance	Incoming	Outgoing	Balances
For the Year ended to	Brought	Resources	Resources	carried
31 March 2022	forward			forward
		£	£	£
RESTRICTED:
Great Get Together	1,780	-	-	1,780
Warmer Together	17,268	19,855	(26,835)	10,288
Small Tap Big Change	6,557	3,988	(4,872)	5,673
Coronavirus Community	15,724	1,123	(16,847)	-
Response Appeal
Local Authority Funding	-	312,667	(311,600)	1,067
H&F Ukraine Response	-	1,630	-	1,630
Appeal
Tech4Kids Appeal	6,996	30,887	(31,547)	6,336
Other	3,887	-	(3,887)	-
	_____	______	_	______
Total restricted funds	52,212	370,150	(395,588)	26,774
UNRESTRICTED:
General reserve	26,497	106,342	(83,395)	49,444
	Balance	Incoming	Outgoing	Balances
For the Year ended to	Brought	Resources	Resources	carried
31 March 2021	forward			forward
		£	£	£
RESTRICTED:
Great Get Together	2,080	-	(300)	1,780
Warmer Together	6,409	10,859	-	17,268
Small Tap Big Change	524	12,048	(6,015)	6,557
Coronavirus community	6,995	132,012	(123,283)	15,724
Response appeal
DWP Winter Wellbeing	-	142,836	(142,836)	-
Pedal Gives Back	-	3,470	(3.470)	-
Tech4Kids	-	6,996	-	6,996
Other	-	4,041	(154)	3,887
	_____	______	_	______
Total restricted funds	16,008	312,262	(276,658)	52,212
UNRESTRICTED:
General reserve	18,206	74,347	(66,056)	26,497

18

H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

Purpose of restricted funds

Great Get Together: For building connections across diverse backgrounds Warmer Together: For older people who struggle through the winter months Small Tap Big Change: For rough sleepers in the local area

Coronavirus Community Response Appeal: For covid related response activities DWP Winter Wellbeing: For children and families needing essentials Pedal Gives Back: For making bicycles available to people in poverty Tech4Kids: For devices and data for digitally excluded children and young people . Local Authority Funding: For essential household funding in Hammersmith & Fulham Ukraine Response Appeal: For Ukrainians who fled the war for Hammersmith & Fulham

9 NET ASSET ALLOCATION

For the Year Ended	Unrestricted	Restricted		Total
31 March 2022
	£	£		£
Debtor	-	64		64
Cash at Bank	52,778	26,710		79,488
Accruals	(3,334)	-		(3,334)
	_	______		______
Net Current Assets	49,444	26,774		76,218
For the period to	Unrestricted	Restricted	Total
31 March 2021
	£	£		£
Debtor	-	563		563
Accrued Income (LBHF)		55,848		55,848
Cash at Bank	37,041	7,901		44,942
Accruals	(10,544)	(12,100)		(22,644)
	_	______		______
Net Current Assets	26,497	52,212		78,709

19

H&F GIVING LTD Notes to the Financial Statements For the year ended 31 March 2022

Comparative Sofa

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 MARCH 2021

Income from: Donations and Grants Total Expenditure on: Charitable activities Total Net income / (expenditure) Net Movement in funds Reconciliation of funds Funds brought forward Total Funds carried forward	Unrestricted funds Restricted funds Year ended 31 March 2021 £ £ £ 74,347 312,262 386,609
	74,347 312,262 386,609
	66,056 276,058 342,114
	66,056 276,058 342,114
	8,291 36,204 44,495 8,291 36,204 44,495 18,206 16,008 34,214
	26,497 52,212 78,709

20

givin oooo @hfgiving 12th December 2022 Andrew Thomas Crowe U.K LLP 55 Ludgate Hill London EC4M 7JW Dear Sir We confimi that the following [epr￿3entat1Ons are made on the basis of sufficient enquiries of trustee and executive management and staff wth re￿vant knowledge and experience and, where appropriate, of inspection of supporting documentation and that, to the best of our knowledge and belief, w8 can propedy make each of these representations to you for the purpose of your independent examination of the financial statements of United in Hammersmith and Fulham for the year ended 31 March 2022 under the Charities Act 2011. 1. We acknowledge that the work wied out by you is substankn'ally less in scope than an audrt perfomied in accordan￿ wth Auditing Standards and that you do not express an audit opinion. 2. We aCknO￿edge our legal responsibilty for the preparation ofthe financaal statements to show a true and fair view as required by law and therefore confimi for your particular purposes that in our view these comply wilh the methods and principles set out in the Companies Act 2006, the regulations made under it and the Charities SORP FRS 102 Accountin and Re ortin b Charities.. Statement of Recommended Practice a licable to chartties arin their ¢counts in accordance With the Financial Re rtin Standard a licable in the UK and Re ublic of Ireland FRS 102. 3. We acknowledge our management responsibility for the rna1ntenan￿ of adequate internal Gontrol systems and procedures designed to prevent and detect fraud and e￿or. We have no knowledge of any fraud, suspected fraud or allegations of fraud which could affect the charity. 4. All the financial transactions of the charitable company for the year as recorded in the accounling records and any other related infonnation has been made available to you for your inspection. 5. The financial statements are free of material misstatements, induding omissions, to the best of our knowledge and belief. 6. There are no material liabilities or contingerrt liabiltties known to us other than those disdosed in the financial statements, including any guarantees to third parties. 7. No claims in connection with litigation have been or are expected to be received to the best of our knowledge and belief. 8. There have been no events to our knowledge since the balance sheet date which require disclosure or which would malerially affect the amounts in the financial statements other than those already disclosed or included in Ihe financial statements. Should any material events occur which may necessitate revision of the figures in the financial statements, or inclusion in a note thereto, we will advise you accordingly and authorise Flora Taylor, Executive Director to provide the update on our behalf. hfgiving.org.uk H&F GNin& clo Sycamore House, sY￿rnOrt Gardens. Londorb W6 OAS UK RESC￿.ar[tyN0.. 1187649

1. We confirffl that we are not aware of any possitAe or actual instance of non-complian￿ with those laws and regulations which provide a legal framework within which the charitable company conducts its activities.
2. We confim the completeness of the info￿allOn provided regarding the identffication of related parties, and the adequacy of related party disclosures in the financial statements.
3. We confi'mi that, having considered our expectats'ons and intentions for at least the next twelve rnonths and the availability of wothng capital, the charrtable company is a going concern. We are unaware of any events, condibons, or risks beyond the period of assessment that may cast significant doubt on the charitable company's ability to continue as a going concem.
4. All grants, donations and other voluntary incoming resources. the re￿Ipl of which is subject to speGific terms arKJ conditions, have been notified to you. There have been no breaches of terms or conditions in the application of suGh voluntary incoming resources.
5. We confirm that we are not aware of any breach of our charitable trusts and that we have advised you of Ihe existence of any endowments and restricted income funds maintained by us. Yours faithfully, Hclgn IqnJ&dr4d ee Signed on behalf of the board £ec hfgiviwd.org.uk H&F Givin& clo Sycamore House. Sycatnore Gardens, London W6 OAS U< RegChar* Na.. 1187649