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2023-12-31-accounts

Trustees’ Annual Report for the period

From 01/01/2023 Period start date To 31/12/2023 Period end date

Charity name: The Sarah Hughes Trust

Charity registration number: 1196948

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 (1)
The advancement of education and
research in humanities and the History
of Medicine to include the provision of
an annual lecture called the Sarah
Hughes Memorial Lecture at the Royal
Society of Medicine; and
(2)
(2) the promotion and advancement of
education and social diversity in
journalism.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
We provide financial support for aspiring
and talented journalists and hold an annual
lecture in Sarah Hughes's name at the
History of Medicine Society at the Royal
Society of Medicine. This event includes
the presentation of The Sarah Hughes
Trust Prize, an award set up to recognise
exceptional journalism that exposes false
or misleading information, so-called fake
news, in health or medicine. In addition, we
provide funding to support the
accommodation and needs costs of people
from low-income backgrounds to undertake
journalism internships in London.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 Ican confirm that the Trustees of the Sarah
Hughes Trust have all read the guidance
provided by the Charity.

Page 1 of 9

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 2023 was a successful year for the Trust.
We held the annual lecture took place on in
December of that year, with the lecture
given by Professor Nicholas Roe. He spoke
passionately about John Keats (Romantic
Memoirs and Romantic Remains). The
event was attended by over 100 people in
person and many more online.
The Sarah Hughes Trust prize, an annual
prize which recognises exceptional
journalism that exposes false or misleading
information – so-called ‘fake news’ – in
health or medicine, was awarded to Helen
Puttick, a specialist reporter for The Times
in Scotland. Helen’s successful submission,
published in the Scottish edition of The
Times, ran across three articles and
challenged the Scottish government's
claims on NHS waiting times.
Finally, the Trust continued to work with the
Guardian and Observer Newspaper on
their Positive Action work placement
scheme, supporting 2 aspiring journalists
with their accommodation during their
internship.

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Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 In 2023 voluntary income totalled £10,756,
including a significant single donation of
£5,000. The remaining income was raised
at the annual lecture.
Total expenditure for the period was
£9,116, with the biggest expense being the
annual lecture at £8,000.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22
Amount of reserves held Para 1.22
Additional information (optional)
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You may choose to include further statements where relevant about:
The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 The Trust principal source of funds are
voluntary donations from members of the
public.

Page 3 of 9

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Trust deed
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 The Trust is a Charitable Incorporated
Organisation (CIO)
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Trustees are appointed for a term of five
years by a properly convened meeting of
the charity trustees. Trustees are chosen
with regard to their skills, knowledge and
experience in order to deliver effective
administration of the Trust.

Reference and Administrative details

Charity name The Sarah Hughes Trust
Other name the charity uses
Registered charity number 1196948
Charity’s principal address 11 Hatfield Road
London
E15 1RA

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Names of the charity trustees who manage the charity

3
4
5
6
7
Trustee name Office (if any) Dates acted if not for whole
year
John Hughes
Adrian Berry Chair (from10 January2023)
Richard Neate Treasurer
EmilyHills (from10 January2023)
Alexa Baracaia (from10 January2023)

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Richard Neate (signed electronically) Full name(s) Richard Paul Neate Position (eg Secretary, Treasurer Chair, etc) Date 9/10/2024

Page 5 of 9

Receipts and Payments Accounts for The Sarah Hughes Trust

For the period from 01/01/2023
to 31/12/2023
Section A : Receipts and
payments
Total Funds Last
(*) Year
A1 Receipts
£28,917.
Donations £10,755.93 57
£28,917.
Sub total £10,755.93 57
A2 Asset sales £0.00 £0.00
£28,917.
Total Receipts £10,755.93 57
A3 Payments
Events £8,000.00 £839.90
£2,694.5
Internship grants £967.28 0
£1,000.0
Prize awards £0.00 0
Website £148.93 £956.61
£5,491.0
Sub total £9,116.21 1
A4 Asset purchases £0.00 £0.00
£5,491.0
Total Payments £9,116.21 1
£23,426.
Net receipts/(payments) £1,639.72 56
A6 Cash funds last YE £23,426.56 £0.00
£23,426.
Cash funds at YE £25,066.28 56

Page 6 of 9

Section B: Statement of assets and liabilities at the end of the period

B1 Cash funds
£23,426.
Cash on deposit £25,066.28 56
£23,426.
Total cash funds £25,066.28 56
B2 Other monetary assets £0.00 £0.00
B3 Investment assets £0.00 £0.00
B4 Assets for charity's own
use £0.00 £0.00
£23,426.
Total Assets £25,066.28 56
B5 Liabilities £0.00 £0.00

Notes

(*) All funds are unrestricted funds

Page 7 of 9

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the Charity Name trustees The Sarah Hughes Trust 31 December 2022 Charity 1196948 On accounts for the no (if period ended any) Set out on pages 6 &7 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the accounting period ended 31 December 2022.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Page 8 of 9

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

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.

Signed:
Name:
Relevant
professional
qualifcation(s) or
body (if any):
Address:
Helen Hodge (signed
electronically)
Date: 8/10/23
Helen Hodge
ICAEW
2 Cedar Park Gardens, London, SW19 4TE

Page 9 of 9