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2021-12-31-accounts

Charity number: 208877

THE LADY HIND TRUST

Trustees’ report and financial statements

for the year ended 31 December 2021

THE LADY HIND TRUST

Contents

Page
Reference and administrative details ofthe charity, its Trustees and advisers 1
Trustees’ report 2-5
Independent auditors’ reporton the financial statements 6-9
Statement of financial activities 10
Balance sheet 11
Notestothefinancialstatements 12-23

THE LADY HIND TRUST

Reference and administrative details of the charity, its Trustees and advisers for the year ended 31 December 2021

Trustees C WL
Barratt
TH Farr
N R Savory
J D Pears
Charity registered
number 208877
Principal office PO Box 10455
Nottingham
Nottinghamshire
NG5 OHR
Independent auditors PKF Smith Cooper Audit Limited
Chartered Accountants and Statutory Auditors
2 Lace Market Square
Nottingham
NG1 1PB
Solicitors Keystone Law Limited
48 Chancery Lane
London
WC2A 1JF
Investment advisors Barratt & Cooke Limited
5 Opie Street
Norwich
NR13DW

Page 1

THE LADY HIND TRUST

Trustees’ report

for the year ended 31 December 2021

The trustees present their annual report together with the audited financial statements for the year ended 31 December 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the terms of the will under which the trust was established, the Charities Act 2011 and Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of treland' (FRS 102) and the Charities SORP 2015 (SORP 2015).

Objectives and Activities

a. Policies and objectives

The sole objective and activity of the trust is the giving of grants. The trustees are aware that they must carry on the charity's activities for the public benefit and that they must pay due regard to the guidance on public benefit issued by the Charity Commission.

In setting objectives and planning for activities, the trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a charity (PB2)’.

b. Strategies and activities for achieving objectives

The trustees consider that the charity's aims and activities are for the public benefit since it is a grant making trust and grants are only made to other charitable organisations and not to individuals although the trustees have continued paying a modest annuity to one individual who was selected to receive such a gratuity many years ago. The total amount given during the year to this individual was £750 which represents 0.2% of the aggregate grants of £421,950 made by the trustees during the year.

c. Main activities undertaken to further the charity's purposes for the public benefit

The trustees consider all written applications made to them by charitable organisations. Such applications are reviewed by every trustee prior to the trustees’ four-monthly meetings and are discussed at such meetings. Grants are awarded at such meetings to those organisations which the trustees collectively consider to be worthy of their support. Grants are awarded principally to institutions based on their level of need and with a geographical bias towards Nottinghamshire and Norfolk.

Achievements and performance

a. Review of activities and key financial performance indicators

During the year the net income generated by the trust (after charging support costs and other expenses but before taking account of realised and unrealised gains/losses on investment assets) was £475,251 (2020: £403,079). During the year the trustees awarded grants amounting in aggregate to £421,950 (2020: £485,750). A breakdown of the grants made to organisations for £1,000 or more can be found in the notes to the accounts. The surplus of net income over grants resulted in the accumulated income of the charity (its free reserves) increasing from £173,835 to £227,136.

The net after-grant surplus in income generated by the trust (before taking account of realised and unrealised gains/ losses on investment assets) was £53,301 (2020: deficit £82,671). The net after-grant surplus for the year (after taking account of realised and unrealised gains/ losses on investment assets) was £2,964,354 (2020: £1,412,753).

The net assets of the trust at the year end amounted to £24, 959,765 (2020: £21,995,411).

Page 2

THE LADY HIND TRUST

Trustees’ report (continued) for the year ended 31 December 2021

Financial review

a. Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

It is the general policy of the trust to retain all of the capital which compromises part of its reserves and to distribute each year through grants all of the trust's income which is not used to meet its governance and management costs. However, the trustees reserve the ability to retain part of the trust's income for any year as part of its reserves and not to distribute the whole of the unexpended income if in that year the trust receives insufficient applications for grants which the trustees consider worthy of their support and/ or the trustees believe the value of the trust's investments has fallen to a significant extent.

c. Material investments policy and performance

The trustees’ investment assets are managed by investment advisors. The appointment of investment advisors is reviewed by the trustees periodically. The current advisors are Barratt & Cooke Limited who are employed on a discretionary basis. They are instructed by the trustees to invest in a portfolio which will generate a balance of income and growth with a medium-high risk profile.

During the year, the investments generated a realised and unrealised surplus of £2,911,053 (2020: £1,495,424) and the aggregate value of the investments, including capital cash of £330,685 (2020: £425,687), increased from £21,848,632 to £24,763,787. This 13.34% increase in value compares with a 10.26% increase in the PIMFA Balanced Index, the trustees’ chosen benchmark (in 2020 the aggregate value of these investments increased over the year by 7.34% which compared with a decrease of 0.1% in the PIMFA Balanced Index in that year).

Structure, governance and management

a. Constitution

The Lady Hind Trust was established under the will of the late Lady Lilian Frances Hind who died on 15 May 1951 and is a registered charity (charity number 208877). Under her will she directed that the charity's fund should be used for such charitable purposes in England and Wales as the trustees in their absolute discretion consider fit. The trust does not actively raise funds but seeks to continue the charitable giving requested by the testator through the careful stewardship of its existing resources.

Page 3

:

THE LADY HIND TRUST

Trustees' report (continued) for the year ended 31 December 2021

Structure, governance and management (continued)

b. Methods of appointment or election of trustees

Trustees are appointed as and when the continuing trustees see fit. The will imposes no limitation on the periods for which trustees shall serve and no such limitations have been made on the appointment of the current trustees. Because grants are made principally to organisations based in Nottinghamshire and Norfolk, new trustees are likely to be persons who reside in and are knowledgeable about charitable institutions in those counties.

At their four-monthly meetings, the trustees agree the broad strategy and areas of activity for the trust, including consideration of grant making, investment, reserves and risk management policies and performance.

The day to day administration of the grant processing and of the handling of applications prior to consideration by the trustees is undertaken by Mr D N Lindley who can be contacted at PO Box 10455, Nottingham, NG5 OHR.

The trustees keep their skill requirements under review. The trustees are encouraged to attend relevant external training with regard to relevant legislation and changes and their role as trustees generally. The induction process for any newly appointed trustee comprises of a meeting or meetings which covers the powers and responsibilities of trustees and the grant making process adopted by the trust. Newly appointed trustees are provided with copies of the will of the late Lady Lilian Frances Hind, copies of the last three years' annual reports and accounts of the trust and of the minutes of the last three years’ trustees' meetings as well as a copy of the Charity Commission's relevant guidance.

c. Related party relationships

The Charles Littlewood Hill Trust is a connected charity because it has common trustees to the Lady Hind Trust. The Charles Littlewood Hill Trust is a registered charity, charity registration number 286350 and can be contacted at PO Box 10454, Nottingham NG5 OHQ. No transactions have taken place between the two charities during the years ended 31 December 2021 and 31 December 2020.

d. Financial risk management

The trustees have considered the principle risks to which the charity is exposed, concerning cash, investments and grants and have reviewed those risks and have established systems and procedures to manage those risks. The risk management strategy is reviewed annually.

Plans for future periods

The trustees’ major objective is to ensure that in future years the amounts of income net of expenditure that are available for distribution to other charitable organisations increases year by year at a level in excess of inflation, if possible. At the same time the trustees recognise that they should continue to invest in top quality property funds, fixed interest securities, index linked securities and equities in order to ensure, as best they can, the continued growth of the trust fund.

Page 4

THE LADY HIND TRUST

Trustees’ report (continued) for the year ended 31 December 2021

Statement of trustees’ responsibilities

The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that 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 Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. 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.

Disclosure of information to auditors

Each of the persons who are trustees at the time when this trustees’ report is approved has confirmed that:

Approved by order of the members of the board of trustees and signed on their behalf by:

----- Start of picture text -----
N R Savory SSR,
Trustee 4
Date: “2 | | ok | 22 yi a
----- End of picture text -----

Page 5

THE LADY HIND TRUST

Independent auditors’ report to the Members of The Lady Hind Trust

Opinion

We have audited the financial statements of The Lady Hind Trust (the 'charity') for the year ended 31 December 2021 which comprise the Statement of financial activities, the balance sheet and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Trust's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Page 6

THE LADY HIND TRUST

Independent auditors’ report to the Members of The Lady Hind Trust (continued)

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditors’ report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Page 7

THE LADY HIND TRUST

Independent auditors‘ report to the Members of The Lady Hind Trust (continued)

Auditors’ responsibilities for the audit of the financial statements

We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

We focussed on those area that could give rise to a material misstatement in the Company financial statements.

Our procedures included, but were not limited to:

It is the primary responsibility of management, with the oversight of those charged with governance, to ensure that the entity's operations are conducted in accordance with the provisions of laws and regulations and for the prevention and detection of fraud.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditors’ report.

Page 8

THE LADY HIND TRUST

Independent auditors’ report to the Members of The Lady Hind Trust (continued)

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Put Emi. woe Arde UIad.

PKF Smith Cooper Audit Limited Chartered Accountants and Statutory Auditors 2 Lace Market Square Nottingham NG1 1PB

Date: Salq@ \ ve

PKF Smith Cooper Audit Limited are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

Page 9

THE LADY HIND TRUST

Statement of financial activities
forthe yearended 31 December 2021
Unrestricted Total Total
funds funds funds
2021 2021 2020
Note & £ £
Income from:
Investments 2 497,069 497,069 424,671
Total income 497,069 497,069 424,671
Expenditure on:
Charitable activities 3 443,768 443,768 507,342
Total expenditure 443,768 443,768 507,342
Net income/(expenditure) before net gains on
investments 53,301 §3,301 (82,671)
Net gains/(losses) on investments 6 2,911,053 2,911,053 1,495,424
Netmovement in funds 2,964,354 2,964,354 1,412,753
Reconciliation of funds:
Total funds brought forward 21,995,411 21,995,411 20,582,658
Netmovement in funds 2,964,354 2,964,354 1,412,753
Totalfundscarriedforward 24,959,765 24,959,765 21,995,411

The notes on pages 12 to 23 form part of these financial statements.

Page 10

THE LADY HIND TRUST

Balance sheet as at 31 December 2021

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2021 2020
Note £ £
Fixed assets
Investments 6 24,433,102 21,422,945
Current assets
Cash at bank and in hand 532,359 577,916
Creditors: amounts falling due within one
year 7 (5,696) (5,450)
Net current assets 526,663 572,466
Total net assets 24,959,765 21,995,411
Charity funds
Unrestricted funds 8 24,959,765 21,995,411
Total funds 24,959,765 21,995,411
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Date: 2-7 | K (26022

The notes on pages 12 to 23 form part of these financial statements.

Page 11

THE LADY HIND TRUST

  1. Accounting policies

Notes to the financial statements for the year ended 31 December 2021

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with 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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements are prepared in Sterling which is the functional currency of the trust and rounded to the nearest £1.

The Lady Hind Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Income from investments is recognised in the income and expenditure account so as to match the income within the period it has been earned. Any investment income received in advance or in arrears is deferred or accrued in the balance sheet accordingly.

1.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs.

Support costs comprise all expenditure arising during the running of the charity.

1.4 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

1.5 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the balance sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the statement of financial activities.

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 12

THE LADY HIND TRUST

Notes to the financial statements

for the year ended 31 December 2021

1. Accounting policies (continued)

1.7 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

1.8 Financial instruments

The charity only 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.9 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Investment income, gains and losses are allocated to the appropriate fund.

1.10 Commission on investment transactions

Profits on sales of investments are shown net of commissions.

1.11 Grants paid

Grants are recognised when they are approved to be paid by the trustees.

2. Income from investments

Unrestricted Total Total
funds funds funds
2021 2021 2020
£ £ £
Bank interest 25 25 599
Investment income 497,044 497,044 424,072
Total2021 497,069 497,069 424,671

Page 13

THE LADY HIND TRUST

Notes to the financia! statements for the year ended 31 December 2021

3. Expenditure on charitable activities

Activities
undertaken
directly		 Support
costs		 Total
funds		 Total
funds
2021 2021 2021 2020
£ £ £ £
Charitable activities 421,950 21,818 443,768 507,342
Analysis of direct costs
Unrestricted Total Total
funds funds funds
2021 2021 2020
£ £ £
Grants (note 11) 421,950 421,950 485,750
Remuneration and travelling expenses ofvisitors - - 842
Total 2021 421,950 421,950 486,592
Analysis ofsupport costs
Unrestricted Total Total
funds funds funds
2021 2021 2020
£ iE £
Administration expenses 13,332 13,332 13,027
Meeting expenses 262 262 137
Stockbroker fees 912 912 876
Other expenses 1,530 1,530 1,262
Audit and accountancy fees 5,782 5,782 5,454
Total 2021 21,818 21,818 20,750
4. Auditors’ remuneration
2021 2020
£ £
Fees payable tothe charity's auditor forthe audit of the charity's annual
accounts 5,782 5,454

Page 14

THE LADY HIND TRUST

Notes to the financial statements

for the year ended 31 December 2021

5: Trustees’ remuneration and expenses

During the year, no trustees received any remuneration or other benefits (2020 - £NIL).

During the year ended 31 December 2021, two trustees received reimbursements for expenses, totalling £98 (2020: £111 received by two trustees).

6. Fixed asset investments

Listed
investments
£
Cost or valuation
At 1 January 2021 21,422,946
Additions 2,328,975
Disposals (1,528,693)
Revaluations 2,209,874
At 31 December 2021 24,433,102
Net book value
At 31 December 2021 24,433,102
At 31 December2020 21,422,946
All the fixed asset investments are held in the UK.
The investment acquisitions and disposais are net of investment managers fees and commissions of
£21,514(2020:£25,670).

The £2,911,053 (2020: £1,495,424) of net gains on investments in the SOFA consists of £2,209,874 (2020: £1,216,812) unrealised gains and £701,179 (2020: £278,612) realised gains.

Page 15

THE LADY HIND TRUST

Notes to the financial statements for the year ended 31 December 2021

i, Creditors: Amounts falling due within one year

Accruals and deferred income

2021 2020
£ £
5,696 5,450
  1. Statement of funds

Statement of funds - current year

Balance at
Balance at 1 31
January
2021
(2		 Income
£		 Expenditure
£		 Gains/
(Losses)
£		 December
2021
£
Unrestricted funds
Capital amount 21,821,576 - - 2,911,053 24,732,629
Incomeamount 173,835 497,069 (443,768) - 227,136
21,995,411 497,069 (443,768) 2,911,053 24,959,765
Statement offunds - prioryear
Balance at
Balance at 31
1 January Gains/ December
2020 Income Expenditure (Losses) 2020
£ £ £ £ £
Unrestricted funds
Capital amount 20,326, 152 - - 1,495,424 21,821,576
Income amount 256,506 424,671 (507,342) - 173,835
20,582,658 424,671 (507,342) 1,495,424 21,995,411

Page 16

THE LADY HIND TRUST

Notes to the financial statements for the year ended 31 December 2021

9, Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted Total
funds funds
2021 2021
£ £
Fixed asset investments 24,433,102 24,433,102
Current assets 532,359 §32,359
Creditors due within one year (5,696) (5,696)
Total 24,959,765 24,959,765
Analysis of net assets between funds - prioryear
Unrestricted Total
funds funds
2020 2020
£ £
Fixed asset investments 21,422,945 21,422,945
Current assets 577,916 577,916
Creditors due within oneyear (5,450) (5,450)
Total 27,995,411 21,995,411

Total

Analysis of net assets between funds - prior year

Total

Page 17

THE LADY HIND TRUST

Notes to the financial statements for the year ended 31 December 2021

10. Related party transactions

C WL Barratt, a trustee, is a director of Barratt & Cooke Holdings Limited and, until 31 March 2021, he was also a director of its wholly owned subsidiary Barratt & Cooke Limited, which manages the Trust's investments. Fees and commissions paid to Barratt & Cooke Limited during the year amounted to £22,761 (2020: £26,867). Barratt & Cooke Limited does not charge a periodic investment management fee. The trustees consider that their remuneration compares favourably with charges levied by other investment managers. N R Savory, a trustee, is also a non-executive director of Barratt & Cooke Limited.

C WL Barratt is a trustee of Norwich Cathedral Trust to which a grant of £10,000 (2020: Nil) was made during the year.

C WL Barratt is a trustee of Priscilla Bacon Norfolk Hospice Care to which grants totalling £57,500 (2020: £45,000) were made during the year.

NR Savory is a trustee of Music in Country Churches to which a grant of £5,000 (2020: £5,000) was made during the year.

N R Savory is a trustee of East Anglian Air Ambulance to which a grant of £5,000 (2020: £5,000) was made during the year.

T H Farr's wife is a trustee of Nottinghamshire Community Foundation to which grants totalling £10,000 (2020: Nil) were made during the year.

All trustees of the trust who have authority and responsibility for planning, directing and controlling the activities of the trust are considered to be key management personnel. Total remuneration in respect of these individuals is ENil (2020:£Nil).

11. Grants paid to institutions of £1,000 or more

2021
E
Accommodation
Framework Housing Association 5,000
TheAlmshouse Association 1,000
King's Lynn Winter Night Shelter 1,000
7,000
2021
£
Arts
Music In Country Churches 5,000
National Centre forWriting 3,200
Pintsize Theatre Ltd 3,500
11,700

Page 18

THE LADY HIND TRUST

Notes to the financial statements for the year ended 31 December 2021

2021
£
Churches
Balderton Methodist Church 5,000
Bulwell United Reformed Church 2,500
The Norfolk Churches Trust 10,000
Norwich Cathedral 10,000
Nottinghamshire Historic Churches Trust 10,000
St. John of BeverleyChurch Whatton-in-the-Vale 1,000
St Swithin's Church - Kirklington 5,000
Wilford Church Hall 3,000
46,500
2021
£
Education
Break 2,500
Country Trust 2,000
Footprints Conductive Education Centre (CEC) 5,000
Mary Hare Foundation 2,500
Norfolk Community Foundation - Every Child Online 1,000
Nottingham High School Bursary Fund 10,000
The REAL Foundation Trust 5,000
Schoolreaders 2,000
Wild Things Ecological Education Collective 2,000
32,000
2021
£
Environment
SongBird Survival 1,000
1,000

Page 19

THE LADY HIND TRUST

Notes to the financial statements for the year ended 31 December 2021

2021
£
Groups / Clubs
The Pythian Club CIC 1,000
Wherry Maud Trust 1,000
2,000
2021
£
Heritage
The Excelsior Trust 1,000
Framework Knitters Museum 5,000
6,000
2021
£
Medical / Disabled
Alzheimer's Research UK 1,000
Beaumond House Hospice Care 7,500
Big C 2,000
Camphill Communities EastAnglia 2,000
Cardiac Risk in the Young 2,000
Changing Faces 1,000
Cystic Fibrosis Trust 1,000
EastAnglia's Children's Hospices 2,000
British Epilepsy Association 1,000
Hear for Norfolk 2,000
Huntington's Disease Association 1,000
Improving Lives 2,000
Lincolnshire & Nottinghamshire AirAmbulance 10,000
Macmillan Cancer Support 20,000
Maggies Nottingham 10,000
Marie Curie 1,000
Motor Neurone Disease Association 2,000
MusicalKeys 1,000

68,500

Page 20

THE LADY HIND TRUST

Notes to the financial statements for the year ended 31 December 2021

2021
£
Brought forward 68,500
National Rheumatoid Arthritis Society 2,000
National Kidney Federation 2,500
Peter Le Marchant Trust 5,000
Priscilla Bacon Norfolk Hospice Care Ltd 57,500
Rainbows Children's Hospice 2,000
Reach Learning Disability 25,000
The Smile Train UK 1,000
Stepping Stones 1,000
Strongbones Children's Charitable Trust 1,000
Sullivans Heroes 2,000
The Norfolk Hospice, Tapping House 2,500
Time Norfolk 1,000
171,000
2021
£
Other
The Frozen Ark Project 1,000
National Crimebeat 3,000
Norfolk Community Foundation 2,500
Norfolk CommunityLaw Service 1,000
Nottinghamshire Community Foundation 10,000
STAA Ltd 2,000
Summerwood Community Garden 2,000
21,500

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THE LADY HIND TRUST

Notes to the financial statements for the year ended 31 December 2021

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||||||| |---|---|---|---|---|---| |2021| |£| |Welfare| |Ashfield|Home|Safety|Project|2,000| |Ayisham|&|District|Care|Trust|1,000| |Bassetlaw|Citizens Advice|Bureau|2,500| |Bassetlaw|Action|Centre|1,000| |The|Bridges|Community|Trust|1,000| |Broxtowe|Women's|Project|2,500| |Buckingham|Emergency|Food|Appeal|1,000| |BUILD|1,000| |Child|Bereavement|UK|4,000| |Children's|Bereavement|Centre|5,000| |Each|Amazing|Breath|CIC|2,000| |East Anglican|Air Ambulance|5,000| |Emmanuel|House|Support|Centre|9,500| |Equation|Nottinghamshire|3,000| |The|Fire|Fighters|Charity|1,000| |The|Friary|4,000| |Friends|of the|Elderly|1,000| |Fundays|in|Nottinghamshire|5,000| |Good|Companions|1,000| |Harmless|CIC|2,000| |The|Helpful|Bureau|2,000| |Home-Start|Nottingham|2,500| |The|Jericho|Road|Project|5,000| |Mansfield|Citizens|Advice|Bureau|2,500| |The|Matthew|Project|§,000| |Nancy|Oldfield|Trust|2,500| |Norfolk|Citizens Advice|Bureau|(Norwich)|1,000| |Nottingham|Arimathea|Trust|2,500| |Nottingham|&|Nottinghamshire|Refugee|Forum|5,000| |NSPCC|-|Nottinghamshire|7,500| |Oliver|Hind|Youth|Club|Charity|2,500| |Open|Minds|2,500| |Relate|Nottinghamshire|2,000| |Rosie|May|Foundation|5,000| |Royal|Agricultural|Benevolent|Institution|1,000| |Sharewear|Clothing|Scheme|4,500| |Siblings|Together|1,000| |Star Throwers|1,000|

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106,500

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THE LADY HIND TRUST

Notes to the financial statements for the year ended 31 December 2021

2021
£
Boughtforward 106,500
Starlight Children's Foundation 1,000
St Edmunds Society 1,000
TheVine Community Centre 2,000
We R Here 5,000
115,500
2021
£
Total grants paid to institutions of£1,000 or more 414,200
Other grants in aggregate 7,750
Total 421,950

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