The Hillery Family Foundation Charity registration No: 1199083
Trustees' report and unaudited financial statements
For the year ended 31 August 2024
The Hillery Family Foundation
Legal and administrative information
Trustees
Melissa Hillery Colin Joseph Morris Mark James Hillery
Charity number 1199083 Principal address 122 Home Park Road London SW19 7HU Independent examiner Julie Mutton FCA S&W Partners Audit Limited Cumberland house Southampton Hampshire SO15 2BG
The Hillery Family Foundation
Contents
| Page | |
|---|---|
| Trustees' report | 1 - 4 |
| Independent examiners' report | 5 |
| Statement of fnancial activities | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 1 - 11 |
The Hillery Family Foundation
Trustees' report for the year ended 31 August 2024
The trustees present their report along with the financial statements of the Charity for the year ended 31 August 2024.
OBJECTIVES AND ACTIVITIES
The purpose of the Charity
The objects of the Charity, as set out in the constitution, are: “for the public benefit, to advance the health and wellbeing of people in need in any part of the world, who are or have been socially excluded from society, by the provision of health and well-being activities/services. For the purpose of this clause, socially excluded means being excluded from society or parts of society as a result of one or more of the following: unemployment; financial hardship; youth or old age; ill health (physical or mental); substance abuse or dependency including alcohol/drugs; discrimination on the grounds of sex, race, disability, ethnic origin, religion, belief, creed, sexual orientation, gender reassignment, poor educational skills or attainment, relationship and family breakdowns; poor housing; crime (either as a victim of crime or as an offender rehabilitating into society)”.
Activities in the year
The charity delivers it objects by offering various wellbeing events that are all ‘Free or By Donation’.
This year support groups, wellbeing and community building activities were offered to the general public. Those attending included people seeking help coping with life stressors, depression and anxiety; people suffering from trauma and loss; those in helping professions such as carers, teachers and therapists coping with overwhelm and burnout, people that are lonely and isolated and seeking connection; and people feeling disenfranchised from society. Those attending are from different socio-economic backgrounds, cultures, and holding different beliefs. All activities foster a welcoming attitude of openness, connection and collaboration. Participants say that they have become more compassionate and understanding towards themselves.
The charity delivered a well being provision to staff at a local school. The provision included well-being activities available to all staff as well as individual awards to selcted staff members.
Public benefit
The Trustees have had regard to the Charity Commission’s guidance on public benefit and will consider that guidance in their future activities.
As described above, the wellbeing events that the Charity runs are free to attend, although some attendees choose to make voluntary donations. Currently the activities are largely word of mouth and are fully subscribed. The Trustees would like to create more capacity and are exploring ways to do this.
FINANCIAL REVIEW
Financial performance
The financial performance of the charity is shown in the accompanying financial statements. The income of the charity comprised donations and donations in kind. The donations in kind were primarily the free use of studio space.
The cost of charitable activities related to the direct costs of running the events held in the year, including the notional value of the donated services, together with indirect costs, including governance costs.
The Trustees are satisfied with the financial performance. As at the year end, the Charity has cash on hand to enable it to undertake its planned future work.
Reserves
As the charity has minimal outgoings, the Trustees have determined that it is unnecessary to set a reserves policy. It is intended that the reserves generated to date will be used to fund future activities.
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The Hillery Family Foundation
Trustees' report for the year ended 31 August 2024
Future developments
The Charity will commence to undertake the following activities in the coming financial year:
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Most of The Charity's resources will be utilised in continuing its provision of well being services to staff at a local school.
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The Charity will also continue its initiative of "support for supporters". Targeted groups include well being support for teachers, therapists, carers and parent.
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The Charity will continue to provide well-being support to the greater public including classes, workshops and retreats.
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The Charity will seek to create the infrastructure needed to create more capacity for beneficiaries.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
The charity is a Charitable Incorporated Organisation, and its governing document is its Constitution; dated 25 May 2022.
The charity was formally registered with the Charity Commission on 25 May 2022.
Appointment of trustees
Apart from the first charity trustees, every trustee must be appointed (for a term of two years) by a properly convened meeting of the charity trustees.
In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills knowledge and experience needed for the effective administration of the CIO.
Management
The charity has no staff and is managed by its trustees.
Risk management
The trustees have assessed the major risks to which the charity is exposed, in particular those related to the activities and finances of the charity, and are satisfied that they have adopted appropriate policies and implemented systems to mitigate those risks.
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The Hillery Family Foundation
Trustees' report for the year ended 31 August 2024
REFERENCE AND ADMINISTRATIVE INFORMATION
Name and Registered Number of Charity
The Charity is registered as “The Hillery Family Foundation” and its registered number is 1199083.
Principal Address
The principal address of the Charity is 122 Home Park Road, London, UK, SW19 7HU.
The Charity’s email address is: info@hilleryfamilyfoundation.com.
Names of Trustees
The Trustees who acted during the yearand subsequently were as follows:
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Melissa Hillery
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Colin Joseph Morris
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Mark James Hillery
Fundraising
The Charity raises funds from its trustees and those who have attended the well being events. As such, it doesn’t undertake public fundraising and hence has not subscribed to any fundraising standards.
Grant making policy
Trustees aim for the Charity’s grant making processes to be transparent and to address the interests of the applicants. To this end, all eligible grant requests go through a four stage application process.
In awarding grants, the trustees apply the following principles: the trustees have ultimate responsibility for all grant making decisions in line with The Charity’s objective, the trustees will carry out sufficient due diligence to ensure the applicants request meets the charitable purposes, organisations or individuals from any geographical area within the UK and overseas will be considered, the trustees reserve the right to not approve a grant if it determines that the resulting grant would not be charitable or would conflict with the charities stated policies or damage its reputation.
The trustees normally award grants to fund or support one or more of the following: expert organisations that provide support or services individuals who are or have been socially excluded from society to help unblock access to well-being services; a network of professionals who are fully accredited in their professional fields, who will be able to provide services to both individuals and organisations. These services may be in the form of support groups (such as 12 step programmes), wellbeing programmes (such as yoga or mindfulness) and training where health issues are explored and resources provided for self-care; a community of individuals and organisations who are part of our network to provide space and place for connection to flourish, another important part of addressing the needs of the socially excluded, any other projects or initiatives which, from time to time, the Trustees may decide.
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The Hillery Family Foundation
Trustees' report for the year ended 31 August 2024
TRUSTEES' RESPONSIBILITIES STATEMENT
The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and regulations.
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable regulations). Under that law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that year.
In preparing these financial statements, the Trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Charities SORP;
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Make judgements and accounting estimates that are reasonable and prudent;
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State whether applicable accounting standards have been followed; and
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping proper accounting records which are sufficient to show and explain the Charity’s transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the constitution. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
On behalf of the board of trustees
Melissa Hillery (Jun 26, 2025 15:37 GMT+1)
..................................................................
Melissa Hillery Chair of the Trustees
26/06/2025 Date: ....................................................
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The Hillery Family Foundation
Independent examiner's report
I report to the trustees on my examination of the financial statements of the The Hillery Family Foundation for the year ended 31 August 2024 which comprise the Statement of financial activities, the Balance sheet and the notes to the financial statements, including a summary of significant accounting policies.
Respective responsibilities of trustees and examiner and basis of report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 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.
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 giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view which is not a matter considered as part of an independent examination.
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 financial statements to be reached.
Julie Mutton
Julie Mutton (Jun 26, 2025 16:16 GMT+1)
Julie Mutton FCA
Fellow of The Institute of Chartered Accountants in England and Wales S&W Partners Audit Limited Cumberland House Southampton Hampshire SO15 2BG
26/06/2025 Date:
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The Hillery Family Foundation
Statement of financial activities for the year ended 31 August 2024
| Year | Period | ||||
|---|---|---|---|---|---|
| ended | ended | ||||
| 31 August | 31 August | ||||
| Unrestricted | Restricted | 2024 | 2023 | ||
| funds | funds | Total | Total | ||
| Notes | £ | £ | £ | £ | |
| Income | |||||
| Donations | 83,779 | 4,814 | 88,593 | 99,655 | |
| Donations in kind | 12,000 | - | 12,000 | 6,900 | |
| Gift Aid recoverable | 16,250 | - | 16,250 | 17,463 | |
| Gift Aid interest | 669 | - | 669 | - | |
| Total income | 112,698 | 4,814 | 117,512 | 124,018 | |
| Charitable expenditure | |||||
| Charitable activities | 4 | 64,793 | 4,814 | 69,607 | 18,043 |
| Total expenditure | 64,793 | 4,814 | 69,607 | 18,043 | |
| Net movement in funds | 47,905 | - | 47,905 | 105,975 | |
| Total funds brought forward | 105,975 | - | 105,975 | - | |
| Total funds carried forward | 153,880 | - | 153,880 | 105,975 |
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The Hillery Family Foundation
Balance sheet as at 31 August 2024
| Notes Current assets Debtors 5 Cash at bank and in hand Creditors: amounts falling due within one year 6 Net current assets Total net assets Income funds Unrestricted funds Restricted funds |
£ 16,250 141,265 157,515 (3,635) |
2024 £ 153,880 153,880 153,880 - 153,880 |
£ 17,463 91,977 109,440 (3,465) |
2023 £ 105,975 |
|---|---|---|---|---|
| 105,975 | ||||
| 105,975 - |
||||
| 105,975 |
The financial statements were approved by the Trustees, authorised for issue and signed on their behalf by:
Melissa Hillery (Jun 26, 2025 15:37 GMT+1)
..............................
Melissa Hillery, Chair of Trustees Trustee
Date: 26/06/2025
The notes on pages 7 to 8 form part of the financial statements
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The Hillery Family Foundation
Notes to the accounts for the year ended 31 August 2024
1 Accounting policies
1.1 General information
The Hillery Family Foundation (“the Charity”) is a CIO governed by its constitution dated May 2022. The charity number is 1199083. Its principal address is 122 Home Park Road, London, UK, SW19 7HU.
1.2 Basis of preparation
The financial statements have been prepared in accordance with The Financial Reporting Standard applicable in the UK and Republic of Ireland (“FRS 102”) including Section 1A, and with the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with FRS 102 (effective 1 January 2019). The financial statements are also prepared in accordance with the Charities Act 2011.
The charity is a public benefit entity as defined by FRS 102.
1.3 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in futherance of the general objects of the charity and which have not been designated for other purposes.
Restricted funds relate to income which was received to fund the Time for Teachers campaign.
1.4 Going concern
The trustees are confident that the Charity will continue to be a going concern and the financial statements have been prepared on this basis.
1.5 Income
All incoming resources are included in the Statement of Financial Activities when the Charity is legally entitled to the income, when its receipt is probable and when it can be measured with reasonable certainty.
Donations are recognised on receipt.
Donations in kind relate to services provided to the Charity without charge. The value of the services is estimated as being the expenses that the Charity would otherwise have to incur. No value is attributed to volunteers’ time.
1.6 Expenditure
All expenditure is accounted for on an accruals basis.
1.7 Financial instuments
Financial assets and financial liabilities are recognised in the balance sheet when the Charity becomes a party to the contractual provisions of the instrument.
Trade and other creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Creditors are subsequently measured at amortised cost using the effective interest rate method.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in and and at bank and short-term deposits with an original maturity of three months or less.
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The Hillery Family Foundation
Notes to the accounts for the year ended 31 August 2024
1 Accounting policies
(Continued)
1.8 Taxation
The Charity is exempt from tax on income and gains falling within sections 524 to 536 of the Income Taxes Act 2007 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
2 Employees
There were no employees during the year (2023 - none).
3 Trustees
None of the trustees (or any persons connected with them) received any remuneration during the year (2023 - none).
4 Charitable activities
| Charitable activities | ||||
|---|---|---|---|---|
| Year ended | Period ended | |||
| Unrestricted | Restricted | 31 August | 31 August | |
| funds | funds | Total | Total | |
| 2024 | 2023 | |||
| £ | £ | £ | £ | |
| Service provider cost | 39,400 | 4,814 | 44,214 | 5,700 |
| Studio use | 8,000 | - | 8,000 | 4,900 |
| Food and beverage | 4,000 | - | 4,000 | 2,000 |
| Other costs | 4,208 | - | 4,208 | 1,978 |
| Accountancy fees (governance costs) | 2,315 | - | 2,315 | 2,205 |
| Independent examiner's fees (governance | 1,320 |
- | 1,320 | 1,260 |
| costs) | ||||
| Administration fees | 5,550 | - | 5,550 | - |
| 64,793 | 4,814 | 69,607 | 18,043 |
The restricted fund represents donations received to support the Time for Teachers project which was set up to provide well-being services to teachers at a local school which was badly affected by a tragedy in which two pupils died, which has had a lasting impact on the teaching staff.
5 Debtors
| Debtors | ||
|---|---|---|
| Amounts falling due within one year: Gift Aid debtor |
2024 £ 16,250 16,250 |
2023 £ 17,463 |
| 17,463 |
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The Hillery Family Foundation
Notes to the accounts for the year ended 31 August 2024
6 Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| Accruals | 2024 £ 3,635 3,635 |
2023 £ 3,465 |
| 3,465 |
7 Related parties
Cash donations totalling £80,000 (2023: £51,806) were made to the charity by Melissa Hillery and Mark Hillery, who are both trustees. There were no special conditions attached to the donations. They also provided donations in kind valued at £12,000 (2023: £6,900) for studio use and food and beverage costs.
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The Hillery Family Foundation
Notes to the accounts for the year ended 31 August 2024
8 Fund analysis
| Restricted funds Unrestricted funds Balance at 1 September 2023 £ Restricted funds - Unrestricted funds 105,975 Total funds 105,975 |
Net current assets/ (liabilities) £ 153,880 - 153,880 Income Expenditure £ £ 4,814 (4,814) 112,698 (64,793) 117,512 (69,607) |
Fund balance £ 153,880 - |
|---|---|---|
| 153,880 | ||
| Balance at 31 August 2024 £ - 153,880 |
||
| 153,880 |
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