Ch•rity number: 208877
THE LADY HIND TRUST
Trustses, Report and Flnancial Statsments
For the Year End8d 31 December 2023

THE LADY HIND TRUST
Page
Rofer•nce and Admlnlstrallve Ootails of lh• Ch¥lty. ils Trusts•s and Advis¢rs
Trusteos. Roport
Ind9pendent Auditors. R•port on th• Fifft•n¢lal Slalowts
Staioment of FlnanGial Actlvltl
io
Balanco Sheèt
11
Notes to th Flnanclal Slatwnents
12-24

ThE LADY HIND TRUST
R•f•rnnc• and Alministratl¥• Detslls of th• Ch¥ty. Ils Trust••s and Advisws
For the Year Ended 31 D•¢emb•r 2023
Trust••s
CWLBaThatt
THFarr
N R Savory
J D Pears
CharSty reglstered
number
Prlncipal offlc•
po eox 10455
Nottingh
Nottinghamslire
NG5 OHR
Indèynd•nt audltors
PKF Smith c¢OperA￿lI1 Limited
Statutcry Audi
2 Lace M¥kel SqLwe
Nottintham
NG1 1P8
Soll¢l
Keystone Law Limited
48 Chww L￿e
London
WC2A 1JF
Inv•stm•nt advis¢rs
Barratt & Cooke Limited
S Opie Street
No￿lCh
NR13DW
Page 1

THE LADY HIND TRUST
Trnstg•$' R•port
For tho Y•ar Ended 31 D¢thnb8r 2023
The Iruslees present the¥ ￿nUal rew)rt together the audited finwKial statements for the year ended 31
December 2023. The finarKAal statements have been Fryared in accordance with the accounting policies set
out in nol8 1 to the accounts and comply V4ith the terms of the V*ill under vthith the tmsl was established, the
Charrties Acl 2011 arml Finanaal Re￿rting Standard 102 Tr Financial RepO￿"ng St￿￿rd applicable in the UK
and RePU￿1C of Irelan(r (FRS 102) and Ihe Charthes SORP 2015 (SORP 20151.
ObJectlve• and Adl¥ltl••
a. Pollclos and oble¢tlves
Th8 sole objecbve and activrty of the trust is Ihe of granis. The truBtee8 are aware that they must carry on
the charitls activities for the public berfrt ¥KI th* m￿t pay reg¥d to thè guidane* on wblic benefit
issued by the Charity Cc*mmissh)n.
In setting objectives and plannir¥J for xlbvities. ￿ trustees have given consideration to general guidance
published by thé Charty Commission relating Io Fné)li¢ bengf( indUd￿9 the guidance 'Public benefit.. running
chanty {PB2)'.
b. Sira¢ogl•s and adlvths for achioving obiectlv
The trustees consider trAt the charitls aims and activi￿ we for tr* PLthlic benefft since a grant making
Iwsl and grants are ordy made lo other chant*le olg￿lSatiorts and not to ThI1v￿U*.
. Maln ac¢lvlll•¥ undortaken to fwi1￿ thè ch*ity% purposes fw th• public bonelll
The trustees Con￿der am Writte￿ applications made to them by charitable organisations. Such applications are
reviwwed by every trustee prior to the trustees, fow4nonlhty meetings and are discussed al such meetings.
Grants are awarded at suth meetings to those Organ￿￿"On5 which the trustees collectively consider to worthy
of their support. Grants are aW￿ded prin¢ipaly lo ins1itul1￿ based On thw'r levd of need and with a
geographical bias lowards Nottinghamslire and Norfolk.
hlwmments and p•rfornianc•
a. R•vl•w of acllvltl•s and k•y p•rfonvn¢g Indicators
During the year the nel irwe gwwated by trust lats ¢￿Ir￿j supwrt ¢osts aThJ other expenses
before tsking accounl of realised arKI unr8alised gainslloss8s on investment assets) was £511,196 12022..
£575,221). During the year the trustees awar(led grants amwnbng in aggregate to £598.00012022.. £455.0001
A breakdown of the grants mad& to organisabons for £l.000 or more can be foLmd in the note5 to Ihe accounts.
The defiol ol net income over wls resulted in the e4xxmiLrtated ￿coMe ol the ¢hanty (its free r8servesl
decreasing frorn £347.357 to £260.553.
The net after4Jrant defial ￿ income ￿ed by the twst (before takiro acec￿nI of fealised and ￿realIsed
gain￿sseS on investment assetsl was £86.804 (2022.. su￿￿5 of £120.2211. The nel after￿Tant surplus for the
year (after taking accounl of Tealiwj and unrealised gan￿ ￿ investm*K assets) wa$ £1.529.956 {2022:
deficrt of £3,246.122I.
The ￿1 assets olthe trust ai the year erKI ￿n￿led to £23,243.599 <2022: £21.713,643).
Page 2

THE LADY HIND TRUST
Trt￿te•s. RoP(¥t (Continu￿
For th• Ythv End•d 31 Docembor 2023
Flnanclal r•vlow
. Golng con￿rn
After making appropriate enquirw, the trustees have a reasonable exFeCtation that the charity has adequate
resources to conUnL* in operational existenee for the loreseeatle fijture. For this reason they conunue to adopt
the going concem basis in prepanng the financial slatemenis. Further d8tals regarding th8 adoption of the going
eoneern basi$ can be found in the a¢countbng pdicies.
b. R?sor¥es poll
It is the general polry of the trusl to rthn all of Ihe compromises p*t of its reser￿ to
distribute each year through granls all of the trusfs inccwne *thlch is not used to meet rts governance and
management costs. However. the trustees re$￿e the akn.lty to retsin part of the trust's income for any year as
Part of its reserves and not lo distn.bute the whole of ￿ urexpended i￿Orne rf in that year the trust receives
insufficient applICat￿nS for grants wthich th8 trusle8s ￿n$¥jer ￿￿rthY of thwr support andl or the Iru5t8es bali8ve
the value of the trusfs investments has falen lo a siwifficant extent.
¢. Matorlal Inv•sts))onts pollcy and wlornlance
The trustees, investment assets are managed by invesbnent athisers. The apponlment of investment advisers
18 reviewed by the trustees periLNJicaty. The ¢xMrent advisers are Barratt & Cooke Limited wtho are employed on
a discretionary basis. They are instructed by the trustees lo invest in a ￿￿101￿) wll generate a balance of
income growth a m*JiunvlNgh risk
Durir4J the year. the investments generated a realised and unrealised surplus of £1.616.760 12022.. deficit of
£3,366.3431 and the aggr8gata ¥ahJe of tha ￿vestments. i￿ll¥jIng caF4lal cash of £410,809 (2022.. £360,486).
increased from £21.442,399 to £23.059.622. Trms 7.54% increase in Val￿ CoMp￿e$ wth a 9.01% increase in
the PIMFA Growth Index. the trustees. chosen berK*mark lin 2022 the aggregate vahJe of these imiestmen15
decreased over the year by 13.41% *4)ieh eompared with a de¢rea$e of 8.18% in the PIMFA Growth Indèx In
that >Ear).
8tru¢ture. gov9ma￿e and Mariag￿l9
a. Conslllullon
The Lady Hind Trust was established Lmder the vill of the late Lady Lilian Frances Hind who died on 15 May
1951 anrj is a regstered charity Id)anty number 208877). Under her she directed that the charity's fund
shtsJld be used for such eharitstde purp)se$ in Eng4aTrJ aTrJ Wale$ a$ the Iru$tee$ in ther absolute di$cretion
considei fit. The trust does not actively raise funds ￿kS to contwiug ts tharitable Iwving requested by the
leslator ihrough the careful stewardship of ils existirKJ resc4rn.
Page 3

THE LADY HIND TRUST
Tntst•es' Report Icontinwd)
F4x the Yur End•d 31 2023
Structur•. gov•manc• and mana9wn•nt (conllnued}
b. Methods of appolnlmont or gl•thn ol tr￿10•9
Tfustees are appow*ed a$ and Ihe corrtHying trustees see fft. The wll imposes M limitation on the periods
for which trustees shall sem and no such hmriations have been made on the appointment of the current
trustees. Because grants are made principally to orgarisations based in Notbnghamshire and Norfolk. new
trustees are likely to be persons who resKle m arKI are kn¢ywledgeable ab¢JJl charits￿e institutions in those
counlies.
At thèir four-monthly meetings. the Iruslees aw the lyoad strategy arthj Ofeas of acbvity for the trust, induth'ng
consideration of gRnt making. investment. reserves and nsk rnan￿t pdicies and perfmnce.
The day to day administration of the gr*1 proeessry and of the handling of applicat￿n9 prior to consideration by
th8 Iruslges is und8rtaken by Mr D N Lindey who can be con&icled at PO Box 10455. NOttIn￿M. NG5 OHR.
The trustees keep their skill wuremenls under review. The Irustees arg encouraged to attend relevanl external
trainmg reg¥d to relevant legislation and d)anges a￿1 their role as tnjstees generally. The inductbcln
process for any ne￿Y aptK)inted trustee clxnpnses of a meetirvJ or meelings which covers the powers and
respon5ibiliti.es of trustees and the grant prc¥XS a¢k*pted by the trust. Newly appointed Ifustses are
provided with copies of the wll of the ￿te Lay L￿lan Frances HiThl. eop*s of the last three years, annual ￿￿tts
and aCco￿ts of the Irust and of Ih8 miThrt8s of the last three ￿. trustees. meetings as wdl as a copy of the
Chty CoMmissic￿'S relevant giHdance.
c. R•lat•d party r•latlonsh*s
The Charfes Littlwood Hill Trusl is a cc*¥￿clad charity t￿USe it has common trusi8es to the Laty H#id Trust.
The Charles Litme¥￿Qd Hill Trust is a registered dwity. registration number 286350 ar¥J can be
contacted al PO Box 10454, Notbn*ham NG5 ¢>lQ. No transactions have tak8n pla¢8 be￿ Ihe thafities
dufirKJ the years erthd 31 DecembeT 2023 and 31 December 2022.
d. Financial risk man•gom•nt
The trustees have COfNdered the fvyinople risks to which ts tharity Is exwsed, concemiw cash, in4￿MOnt9
and grants and have reviewed those risks and have eSt*hs￿ systems and procedures to manage ltrnse risks.
Th• risk management strategy is miev*Ed annu*.
Plans for fu¢urg pgrkx
The tJustees' c4je¢tive is to enswe tPAt in luiwe yeats thè am￿nts of ineome net of expendilure that are
availablg for distribLth'on to other charitable organisatsons weases year by year at a level ￿ excess of *iflabon, if
possible. At the same lime the trustees recognis8 Ihal they should continue lo invest in top quality property
funds, ffixed interest securities. index Inked searthe5 WKI equities in order lo ensure. as besl they can, the
continued growth of the trust fur￿.
Page 4

THE LADY HIND TRUST
For tho Year End￿ 31 (lec•m￿r 2023
Statwn•nt of trust￿. r•sponsibllitl•s
The trustees are le$￿n$1b1e for Kw*irYJ the Twstees. Ret*Jt a)d the fmncial statements in accordance vthh
applica￿8 law aThJ Urmted KirwJ¢kn Acc￿n￿r￿j StarK￿￿ {UThted Kingdom Generally Accepted AccountirwJ
Prxlice).
The law aptdicable to charities in Engl￿d & Wales wires the trustees lo prepare finanual statements lor eath
finawal whith give a true and fw'r viw of the slate of aff•'rs of Ihe charty and of is Y￿rning resource5 and
application of reswrces. i￿luding its Ir￿Me ￿ exp￿￿lItiJre. for that period. In prep￿ng these financial
statements. the tru51ees are reqLNred to..
select suitable accounting polues and then applythem wisistenty.
observe the methods and pnnciples of the Charilies SORP {FRS 102).,
make judgments and accounting estimatss that are reascrfwt4e and F￿dent.
state wttelher applicable UK Accounting Standards IFRS 102) have been follcwd, sthj8Ct to any material
departures disclosed and explained in the financial stslements..
prepare the ￿n￿CIal statements on the gcmrbj Co￿eM basis urless it is inappropriate lo presum8 that the
charity wll conthue in I￿SineSS.
The trustees are respon&ble for kee￿n9 adequate acc￿1￿ records that are suffici￿1 to show and explain the
charitys transactions and disdose with reasonable ￿L￿raCY at any b.me the financial p￿tIOn of the charty and
enable them to enswe that the ￿anual sL*ements eompty V•ith the Chaiities Act 2011. the Charity (Accounts
and Rep)rtsl Regulations 2008 and the F￿ViSIOnS of the Twst deed. They are also respon￿ble for safeguarding
Ihe assets of th& charity and hence tthn9 rea5￿￿￿? Steps for the prevenlicfi arKI dete¢tion of fraud and
other irregulwitses.
Dls¢loswe of Inf¢xmatlon to audltorn
Each of the pers￿$ vkno a￿ trustees at the l¥ne thts TNstees' Report is apK*oved has confimied that..
so far as that trustee is aw*e, Ihere 15 fK> rekvant audit fftlcThation of thè chantys auditors are
unaware. and
that trustee has taken all the steps that OLwJhl to have been tsken a$ a trustee wi order to be aware ol any
relevant audit infcffmakn arKI to aS￿ish that the ch￿S ￿[￿lOrS are aware of that infomialion.
Approved by order of the members of Ihe bowd 0ftr￿S w¥J siffj on tr￿1r b8half ty.
N R Savory
Trustee
Date:
Page 5

ThE L￿)y HWD TRUST
Indtyendent Audkn. Rawt to thfr Mombws of The Lady Hind Tntst
Opinion
We have audited the finartial statements of L8ty HiThJ Tnjst (tre'¢hartyl ts the year erKle(131 De¢ember
2023 which comprise the Statement of ffinanci￿ acth¥￿es, the tsala￿e sheet and th8 r8latod notes, including a
summary of significant accounknThJ policies. The financial reporting framework that has been applied in their
weparation is applicable law and Uniled King￿ Accounling Standards. induding Finanual Reportng Standard
102 'The Financial ReportrvJ Slwdor(l apF+￿tile in the UK ReF**4ic of Irel8ntt (United Kngdom Generalty
Accepted Accounting Praclice).
The financial statements have been wepared in accordance ￿th Accounting and Repott"ng by Charities
eparing their a¢L￿UnIS In accordance with Fin￿al ReportirKJ StarLdards ap￿￿8t￿e in the UK and Republic
of IrelaThJ {FRS 102) in preference to the Acccmffiting and Reporting by Chanlies." Statement of Recommended
Praclice issued on 1 April 21rf)5 referred trj in the exiant re￿￿tiOnS has been wthdfawn.
Tris has been thne in order for the aeeounts lo w>vide a lrne or#J fair View in aCc￿d8[￿e the Generally
Accepted Accounting Prxtica effectNe for reFthry pwiods bag'nrry on or after 1 jar￿￿ry 2015.
In our opini(￿ the finanoal Statem￿ts..
give a true fair view of the sLite of the cli*.$ affairs as at 31 Deombtr 2023 and of ts in¢oming
resources and applKalTon of resour￿$ for the year then eThled."
have been propwty trepared in acccrfd￿￿e thith UThted K#wdc*n Generalty Accepted ACCO￿lir￿j
Practi¢e",
have been prepared in acc(Ydrn the rewirements of ¢he Charities Act 2011.
Basls for oplnlon
We conthcled ￿dit in accutsnce *ith Interna￿ Standards on Aud￿n9 (UK) IISAS {UKI) and applicable
18w. Our responsibilrties under those sI￿dardS are ￿th1her describefj in the Auditors. responsibilities for the audit
of the financial statements seCt￿n of our repjrt. We are independent of the charity in accordance 4Mth the ethical
requiremerbts that are ￿ley8￿ lo our aydit of Il* ￿n0￿101 statements ￿ the United Kingdcffi. including the
Financial Reporting Councls Eth"cal Standwd. arKI ￿ hav8 fU￿110d our other elhical responsibiliti0$ in
a¢¢ordan¢e wth these requyements. We believe Ihat the au(*l e¥#Jen￿ ￿ have obtained is sufficient and
appryJpriate lo provide a bass for ow opiThon.
Conckmlons relatlng lo golng concern
In a￿lItir￿j ts finarKial Slatemenls, ￿ have cc¥Kluded Ihal Ihe Twstees, use of the going concem basis of
accounting in the preparatiM of the financ1￿ stalements is appfoprwte.
Based on the w(￿k we have perft>mied. V•* have rK* #1wAifi&J any material uT￿ertaIntIaS relth'ng lo events or
conditions that. indiwdualty c* C￿llectivelY, may cast sonificant doubt on the Tru$f$ abihty to ¢ontinue as a going
n¢ern for a periTrJ of at least ￿¥¢ months from the fin￿1￿ statements are a￿h(￿Sed lor issue.
Our responsibilities and the fesp)nsikn'bties of ts threctrys respoci to wng concem ¥e dexribed in the
relevant secbons of this rep
Page 6

THE LADY HIND TRUST
Ind•p•nd•nt Audllons. R•port to Ihe IAomb•Ys of Th• Lady Hlnd Trust (¢ontlnu•dl
Other Information
The other information comprises the infcffrnalion inc*Jded in the Annual Rewrt other than the financial
statements and our Auditors. Rewl Ihereon. The trustees are responsible for tt* ot￿r infornalion conlair*ed
within Ihg Annual Report. Our on ￿ f￿la1 stalements does not Cover the other information and,
except lo the extent otherwise explicilty stated in ow rep)rt. ¥￿ do not exrMes$ any fom) of assurance Condu￿On
thereon. Ow responsibility is to read the othw infomation ￿d. in doing so. consider whether the other
information is materially irKonsi$t*rt the fmaneial statements or tyjr knOW￿dge obtsined in course of Ihe
audit, or othe￿Is8 appgars lo be mat8rially mrsstated. If we bdentity such material ineonsislencies or apparent
material misslalemenls, we are required lo determine whetlw this gives rise to a malerial mi5sL*emenl in the
finarKial slalgmenls themselves. If. based on the wa have perf¢ymed. we conclude Ihai the￿ is a material
misslatemenl of this other infomiation. we reqiired to repmyt Ihal fact.
We have nothing to re￿rt in this rewd.
Matters on which we arn r•quir•d to r•port by •xc•rtk)n
We have ￿thIng lo report in r8sped of the fol(Ming matters 7*t*re the Charities {Accounts an(1 ReFrfx1sl
Regulations 2008 requires us to rep)rt to ￿ rf. ￿ our
the infofmalion given in the Tntstees. Report ts •KonsOstatt *) arw material respect ￿th th& financial
ststements,. or
sufficient accountirwj recLYds have Mt been kept:
the financial statements are not in agreem&* 7h4th the accow)ting records and relwrts., c
t have not received all Ihe informalp)n expl￿110￿$ * require for ow audit.
R•sponsibiliti•s ot tffust••s
As explained more fulty in the TnJstees' Re¥￿IbIl￿.es SL*ement. the trustees are responsibl8 for the
preparation of finanual statements vthith gNe a true and fair view. and for s￿h inlemal control as the
trustees delermine is necessary to enable Ihe weparabon of finawal stalements Ihat are free from materiol
misstatement, *thether due to fraud or emx.
In prepariTrJ the financAal statements. the trustees are vesprrib* for asses$irvJ the charitys ability to continue
as a going concem. diselosing. as £p￿1¢8t4e. mattets related to gc4ry concern and usin9 the going concern
basis ol a￿oUnting wless Ihe trustees either nlend to INuhJate the charity or to ￿ase operations. or have no
redislic alterr￿liVe but to ¢*$ so.
Page 7

THÈ LADY HIND TRW6T
ln￿*￿nd•nt Audit¢n' R•port to the M•mb•rs of Th• Lady Hlnd Trust {¢ontlnwdl
Au(Miors' ¥w￿￿SIbIlitIaS lor audAt ol th• finwlal slatsTr￿ts
We have been appoint•J as auditLY under secti￿ 144 of the Chth Act 20118Thl report in accordance with
the Act and relevanl regwlations made or havmg effect there￿￿1.
Our objectives arg to obtsin reasonable asstKarK* abwl ffinar￿1 statements as a whok a￿ free
from material misstatemenL ￿ether due to efror. and to tssue an Audrtor5' Report Ihal indudes our
opini￿. Reasonable awrance is a h￿h levd ol assurnnce. bul is not a guarantee that on audit ¢onducted in
accordance with ISAS IUKI V•il aw deted a matefial rn￿Statement when it exists Misstatements can arise
from fraud or error and are ¢>Jnsidered m*rial if. w￿￿}dual￿ or in the aggregate. they could reasonably be
expected to influence the eeM+Jni¢ de¢¢*M$ of users taken on basis of these finanoal statements.
Irregularities. I￿a￿dIng traud, are nstances of nOr￿n￿lanCe Vath Iwws and rewlalions. We de%gn ￿￿edureS
in line Vlilh our respcfflsibilities. oudined above. lo detect malenal misstatements ￿ respect of iffegularities,
including fraud. The extent lo our F¥￿edL￿e8 we capable of deleclmg irrewlanties. induding fraud is
detailed below..
We identified that the ii8k offra￿j or norpcomplim *ith laws regulatKffis rdated to..
M￿gernent bias in respttt of act￿ntIng estHn* and Bklgements made:
managernent ove￿Ide ofcontrol.
posting of unusual Tr)umal$ ty tr￿sa(1￿￿*
We IocLwed on those weas that cwld give rise to a material misstslement in the ffianoal $tsiement$. (>Jr
Pr(￿edureS indLNJed. were not krr4ted to..
enquiry of managemert arKI those arou￿1 actual aTrJ potential litigation and
claims, induding Ir￿tanceS of ncTrcompliance ¥+ilh Iwws and regulati￿$ and fraud,.
re￿￿ng mwiute$ of meetings ofthose charged with g0vemar￿e where available.,
reviewng legal experKl*ure in the yBar to inst*Kès of rK•n-compliance wlh laws and regulations
and fiaud.,
reviewng fmancia slatenwnt thsclogTh aThl testsng to dLumentats"on lo asse55 complianc•
th applicable laws and regulalions-
performing audit worl( ovtt the rtsk of m*went override of contrcls. inthding testing ofjcwmal entries
and other adjustments for appropriatenes5, evaluating the bu￿neSS rationale of signthcant transactions
outside the rKJmal t￿lse of revbvAing eslwnate5 bias.
It is the primary ￿SpOnS￿￿ty of management. th the oversight of those charged with govemance. lo ensure
that the entitys operations are cor¥JLKled in accordance wtrl the provisions of laws and regulaI￿n$ and for the
prevention and detecbon of fra￿J.
89￿U$8 of the inherent limitatsons of an 8A**I. there i8 a risk that V*ill not dete¢t 41 irreguiarilies. indudirwJ
those leading lo a material misstslement in the finarrial statements CY non*compliance with rogLdation. This fisk
increases the rnC￿e that compliancE with a law or regulatr.on is removed from the events and transactions
refleded in the financial statements. as We wll be less likety to t¢¢crfne aware of irt5tances of non-compliance.
The risk is also greater regarding Irreg￿arItieS L￿CUffing du8 to fraud r*her than error, as fraud invofves
intentional ¢on¢ealment, forgery. cdluwon. LWniswc￿ cff misrepresenl*'on.
A furthei description of our reswnsibililies for Ihe au(*l of the financial stslemenls is located on the Financial
RetKJrting Counofs websile al W4VW.frc.o
.ukla￿Jl￿rQ
onstbilities. Thts deseripts.on forms part of our
Auditors. Report.
Page 8

THE LADY HIND TRUST
Ind•p•nd•nt Aud6tons' R•part to the IA•mb•Ys of The Lady Hlnd Tbvst Iconllnuodl
U$• of our rewl
This report is made solely to the trustees. a5 a bc*ty. n accordano with Part 4 of the Charities
(Aeetsjnls and Rep(Nls) Regulations 2C￿8. Our aLk*t has been ￿dertaken so that we might state lo the
chariws trustees those matters we are reqll￿d lo slate to them in an Auditors. Report and for no other pwpose.
To the fijllest extent permitted by la¥. do r￿t accept or assume responsrblity to anyone other than the ch¥ity
and ils trustees. as a body. for our a4Nlil work. fty this report, crf for the owions we have fomied.
fLo S o C(JcceJ"
PKF Smfth Coop•r Audit Lwnlt•d
Slalulory Auditors
2 Lace Market Square
Nottingham
NG1 1PB
Oate: 9 July 2024
PKF Smith Cooper Av(*t Limited are elwible to ac* as twms of stttion 1212 of the Comparies Act
2006.
Page 9

ThE LADY HINO TRUST
st*•ment of financial activit
Forthg Yoar Endgd 31 D￿mber 2023
Unr•strl¢l•d
fund•
2023
Total
funds
2023
Total
lunds
2022
Incomè Irom:
Investsnents
536,482
536,482
599,355
Total incom•
536.481
536,482
599,355
Exyndliurn on:
Chfitatle &tivitiès
623.286
623286
479. 134
Total •xp•ndtturn
623.286
623286
479. 134
Net (expenditur•)fwKomo not galnsl(loss•s
on In¥gstmen¢$
Nel gainslllosses) ￿ inveslmenls
186,804)
1,61Q760
{86.8041
1.616.760
120,221
(3,366,343)
Net movement In funds
1,529.956
1.529.9S6
(3,246, 122)
R￿￿nCIliation offvnds:
T¢)tsl fvnds bro￿h1 fcThRrd
N•t movamant in funds
21.713.643
1.529.9S6
21.713.643
1.529.956
24.959.765
(3,246. 122)
Total funds carrled le￿ard
23.243.S99
23.243.599
21.713.643
The notes on pages 12 to 24 frym part ofthese f*wKid slalements.
Page 10

THE LADY HIND TRUST
Balanco Sheet
As at 31 D•c*m￿ 2023
2023
2022
Flx•d ass•ts
Investmgnts
Curr•nt assets
22.648.813
21.081,913
Cash at and in hand
638,810
Creditors: amoLwts falling due 7hithin
(6.552)
(7.080)
Net curront ass•ls
594786
631.730
Total n•t assèts
23241599
21. 713.643
Charlty funds
Unrestricted funds
2&24aYJ9
21,713,643
Total fvnd$
23,243.599
21,713,643
finarKial sLknents wtte approved arthOr¢￿ ts issue by lh6 trusièes signed on their behaff by..
C W L Barratt
Tru5
THFarr
Trustee
N R Savory
Tw5tee
JDP•arn
Trustee
Date:
/sf L&Z
The notes on pag
to 24 fomi part ofthese fin*K•al Statements.
Page11

THE LADY HIMD TRUST
Not•s to th• FIna￿la1 Stat•m•nts
For the Year End￿ 31 Doc•rnb•r 2023
Accountlng pollcl
1.1 Basls of preparatlon of financial slatèmènts
The financial statements have been a¢¢￿d￿ ￿ A¢¢ounting aThl Reporting by
Charities.. Statement of Recommended Prxtice appkable to dwrities preP￿n9 their accounts in
accordance with Ihe Financial Repo￿.n9 s￿dar¢I applicth in the UK and Republic of Ireland IFRS
102} (effective 1 Janu￿ 2015} - (Ch¥il*s SORP IFRS 1021). the Financial Reportng Standard
applicable in the UK aThl RepuL* of Irel￿d {FRS 1021 and the ch￿tIeS Act 2011.
The financial stsI￿ents are wepared in the fiJnC*0n￿ currency of the trust and
rO￿ded to the n•￿eSt £1
The Lady Hind Twsl meets the defiThtth of a benefft entity under FRS 102. Assets and
liabilities are inilidty rttowised * cost cf transactton valuo Un￿5$ otr*rnvise staled in the
rdevant accounting policy.
1.2 In¢om•
All income is recogrised once the has en￿rn￿l to th• incomè. rt 1$ probable that the income
will be received arKI the am¢Jmt of Ir￿t￿ne recwatle w be measured reliat4y.
In¢ome from investments B recryJnised in Ihe mcome arKI expen(*lure account so as to match the
income ￿t￿n the penc*J it has been eamed. Any nvestmgnl ￿CoMe received in advance or in
arrears is deferred or accrued in the baL￿ce sheet acccffdingty.
1.3 Exp•ndltuwe
Expenditure is re(yJgnised Or￿ there is a Wl or construclNe obligatyon to transfer economic benefit
to a Ihir(J p*ty. it is probable that a transfer of economic benefi1$ wll be required in settlement and
the amount of the obligalicffl can be measured reh'abty.
Expeni*ture on chwrtable acliwbes is inCUr￿d on direcuy mdertakiNJ the acai¥itles whith further thè
charitys 014eclives. as wel as any associ￿ supffj I￿15.
Suppcrft ￿sts comprise all ex￿dil￿e arisiro d￿Ing the wming ofthe tharity.
1.4 Intsr•sl r•¢•fvabl•
Interest on furKls hdd on depo%'t is receivable and Ihe amowbt can te measured
reliably by the ch*ty.' this is nonnalty notsfKakn of the interest paid or payable bythe institution
with wh)m the lunds are dep)sited.
1.5 Inv•stmonts
Fixed asset iivestmenls *e a form of financial instrument aTrJ are initialty recognised al their
trartsaction c05t aThJ Sl￿seqUenty measure¢l at tsir Val￿ at Ihe BalarKe Sheet dale, ￿lesS the value
annot be measure(I reliatAy in ¥thi¢h ￿$? it 1$ measured at cost less impa¥menl. Investment gains
arKI losses. vhthr realised or ￿Tea￿d, are CLMnbined and presented as 'Goin￿{LO$Se$l on
investments, n the Statement of Financial Activities.
1.6 Cash at bank and in hand
Cash at bank and in hand indudes cash and short-temi highly liquid in¥eslmenls wtth a short maturity
of three months or less from the date of xwisition ¢y opening of the depowt or similar account.
P*y12

THE LADY HIND TRUST
Notss to th• Financlal slateD￿ls
For the Year End￿ 31 00￿mber 2023
Accountlng poll¢l•s Icontinu•d)
1.7 Credltors and provlslons
Credrtors and provisi￿$ are recognised where the Charity has a present obligation resulkn'ng from a
past event that wll prL*abty result in the transfer of fuTrJs lo a third party and the am¢)unt due to settle
obliga.on can be measLKed or estimated feliabty. Cre(tiIoT5 and pr¢)¥tsions are nomially
recogr4sed at their settl¥nenl after lor trade discwnts due.
1.8 Financial in$trum•nts
The charity ￿lY has financial assets arKI financi* liablities of a kirKI Ihat qualfy as basic financial
instruments. Basic financtal instruments are initially recognised al transacbon value and subsequently
measured at Iheir setuement value with the excepts.on of bank loans whith are subsequently
me&sured ot ￿(￿11$￿￿ cost effective intwe5t method.
1.9 Fund accountlng
Gen￿￿ lund5 are ￿reStr1ded funds are available for use at the rfiscretion of Ihé trusteès in
furtherance of lh8 genwal titiectiv￿ of Ihe dmnty and whith ha￿ rnt bgen designated for 01￿[
purposes
Investment IrKome, Fins k)5ses are alocabj lo the awor*At6 lund.
1.10 Commlssk>n on Inv•¥tmont tran&icti
Proffts on sales ofinvestments are net of commiwons.
1.11 Gran¢8 pakl
Grorts are recognised *Athen they are 4yoved lo be pa*J by th8 tNstee5.
Incom• from Inv•slm•nts
Unr•strict•d
funds
2023
Total
funds
2023
Tot81
funds
2022
Bank Int¢￿t
Inveslmenl irtome
4535
530.947
5.535
530,947
347
599.008
Total 2023
536A82
536.482
599,355
Page 13

THE LADY frMND TRUST
Notss to the Fln•nci•l Statomènts
For th• Yow End•d 31 D•wrthr 2023
Expendlture on CharItab￿ activits
Ilvll
undortak•n
diroctty
2023
Support
costs
2023
Total
funds
2023
Total
funds
2022
charitab￿ aciiviiies
$98.000
25286
623,286
479, 134
Anatysls of direct costs
Unr•strict•d
lund$
2023
Total
funds
2023
Total
funds
2022
Grants {￿le 11)
598,000
598.01)0
455,000
Anatysl$ of support ¢osts
Unrestrkted
fund5
2023
Total
fun
2023
Total
funds
2022
Administration exp8ns8s
Meeting expews
Stockbfoker fees
Other expenses
Autht and accountancy fees
1 S,256
15256
440
960
2.074
6.556
13.944
425
972
1.713
7.080
2.074
6.556
T•)t*l 2023
24286
25.286
24.134
Audltor¥' rnmunorati
2023
2022
Fees payable to the c*ariVs auth1￿ for the of the charity$ wual
aco)unts
6.556
7,080
Pag8 14

THE LADY HIND TRUST
Not•s to tho Financial Stat•mw
For th• Yoar End￿ 31 D•combor 2023
Trustees. r•munoratk•n and oxpen8•s
DLVINJ the year. M Irustees recthfed any remunwaI￿ ￿ ottw benefits {2022. £NIL).
During the year ended 31 Deeember 2023. three Irustees rec*ived reimbL¥sements fLY expens8S.
tolalling £15812022.. £504 received by ftyjr trustees)
Flxgd as$ot Invostm•nts
Llsl•d
Inv•$tmenls
ost or valuation
Al 1 January 2023
Additions
Disposals
Revaluations
21,081.913
2,271,020
(2,148.6661
1,444.546
Al 31 Decmnber 2023
22,64B.813
Net book vah
Al 31 December 2023
22.648.813
At 31 December 2022
21,081,913
All the fixed asset investments are held in thg UK.
The investment ac¢wisilK>ns ar#J dispos* are of investment manager fees and Commis￿On5 of
£23.99212022.' £25.101).
The £1.616,760 of net gains 12022." £3,366.343 net 10ssos1 on inveslmenls in the SOFA inelLKle$
£1.444,548 ￿n￿OI1$¢d gains (2022." £3,746.962 unrea'sed losses) and £172,214 reali58d gains {2022.
£380,619) in relalion lo th8 fixed asset investm￿15.
Page15

THE LADY HIND TRUST
For th• Y•ar Endod 31 Dowthr 2023
Cr•ditors: Amounts falling T*lthin on• y•ar
2023
2022
Accruals and deferred incom?
6.552
7,080
Stalement ol funds
Statemont of funds . current yoar
Balan¢0 al
31
Galnsl Decembor
ILoss•s)
2023
Bala￿ at 1
January
2023
In￿￿0 Exp•ndMur•
Unrè$lrSctsd funds
Capital amount
Income am0￿
21.366286
347.3S7
1.616.760 22.983.046
260,553
S36.482
(623.286
21.713.643
536.482
{621286Tr 1.616,760 23,243,599
Stalement ol funds- y￿r
Balance at
31
December
2022
88lance at
l January
2022
Gwnsl
(Losses)
Incom& Expenditure
Unrnstrlct•d funds
Capital amoLml
Income amount
24,732,629
227. 136
(3.366.343) 21.366.28fj
347.357
599.355
(479.134)
24.959.765
599.355
(479, 134) (3,366,343) 21, 713.643
Page 16

THE LADY HIND TRUST
Notès to th• Flnancial Statements
For th• Year ÉrMl•d 31 D•G•mb•r 2023
Analysis of nol assots between fvnds
Analysts of n•¢ ass•ts l*lw•en funds- ¢urr•nt y•ar
Unveslrlcted
fund$
2023
Total
lunds
2023
Fixed asset mestments
Current 4s$ets
Credit￿5 due wihwi one
21648.813 22.648,813
601.338
601.338
(6.552)
(fj.5521
Total
23.243.599 23,243,599
Analysh ol net assets between funds - prlor year
Unrestiicled
fvnds
2022
Total
funds
2022
Fixed asset investsments
Current assets
21,081,913 21.081.913
638.810
638.810
(7.080)
(7.080)
Creditors the wlhin one Far
Tolal
21.713.643 21.713.643
Page 17

THE LADY HIND TRUST
Notes lo the Financial Ststemènts
For the Ythv End•d 31 D8cemb•r 2023
ID. Rglatod party Iransa¢tlon$
C W L BaThatt. a trustee. is a thctor of Barrall & Coc*e Hows Limite(l. whose wholty ovmed subsidiay
Barratt & Cwke Limrted mw4ges Ihe Tntsvs investments. Fees and commis%ons paid lo Barratt &
Cooke Limited during the year amcmmted lo £25.32012022". £26,468). Barratt & Cooke Limited does not
charge a penodi¢ investment m*agement fee The trustees consider that the remuneration compare5
lavo￿abfy chary ￿VIed by ther investment mana9ers. N R Sav¢Xy, a trustee. 1$ also a non-
executwe director of Barratt & Cooke knmited.
Oumg Ihg year. C W L Barratt was a tr￿te8 ol Prixilla Bacon Ncrfolk Hospice Care lo wfiich grants
lotalling £Nil12022.. £37.500) made dLriThJ the ￿.
N R S8VOry is 8 trustee of Music in Ctyjnty Churches to Thtuth a grant of £17.SOO {2022. £5,000} was
made durng the year.
Duiing the year, N R Sav¢)ry was a tnjstee of East ArnJlw Air knbJl¥Ke lo which a gwl of £15.0¢)J
{2022.' £10,000) was made duriThJ the ￿ar.
N R Savory is a trustee of Charitth Twsl to a grant of £I0.00012022'. £15,WO} was
made during the ￿.
During the previ¢Kts year. T H Farf$ wife was a trustee of NotttrKJhamshire Communlty Foundation to
which a gr￿1 of £10.00012022.. È5.000} was made durmg the year
T H Farfs wife 15 a trustee of P￿lland College to of £40.0(NJ (2022: £10.000) was made
durry the year.
T H Farfs V*i18 is a truste8 of Notti￿aM PlaYtr￿se Twst knmited to 4thich granls totalling £Nil {2022'.
£25.LX)01 were made d￿n9 the year.
T H Farls wife is a patron of Improving Lives to whK*b grants totallng £3,0￿ (2022: £Nil) were rn￿e
nng the
All trustees of the trust have authorbty and respcrbsibility for planning, directing and controlling the
actswties of the Iwsl are congdereil lo be key managemenl personnd. Total reM￿￿ratiOn in respect of
these Indi￿JUa1$ is £Nil {2022: £NK).
11. Grnnts pald to In*thutlon* of £1.000 or m¢r•
2023
A¢¢ommodallon
Framework Housiry Assooation
"ng's Lym Night S￿lIer
5.000
2.000
7,000
Page 18

THE LADY HWD TRUST
Nol¢s to tho Flnan¢lal Slaternnts
For th• Y•ar Ended 31 D•c•mbw 2023
2023
Muslc In County Churches
Nats"onal Centre for Writi"rwJ
Nonsuch Studios
17,500
1.000
Pinlsiz8 Theatre Ltsl
23.51)0
2023
Churth••
Cawston PCC
The Norfolk Churches Twsl
Nottinghamshi￿ Historic chur￿£$ Tntsl
PCC St Peter & St Paul. ￿*￿￿XI
Hope Church NOttin￿M
PCC of Sl the Blessed Viry¥i
St Leodegarius Church- Basford
St Matys Nottlngham - Tth*r Repairs
St Phih'p's Churth- Top Valley
Greal Snoring Parish ChLYch Cwnc
1.500
10,000
10,000
3.000
5.000
5,000
35,000
2.000
81.500
Page 19

THE LADY HIND TRUST
Notos to the FSnan¢lal Slatomonts
For th• Y•w Ertd￿ 31 00￿Mb•r 2023
2023
Edu¢atlon
Autistic Notlingham
Break
Bnghter Futures Trough Swt (8FTSI
Computér Intèmab"crfMI
Criminon UK
Foolprinls Conductive Educati￿ Cerfre ICEC)
Nottingham H￿h School
Life Education East Mi¢Jand8
Nofwith Cathedral Choir Fund
RISE Leaming Zone
Royal Ncrfolk AgriC￿UraI Aswia
S¢hoolread8rs
Young G*nws & Gamblws EthKatirm TnMI
4.000
1.000
5,000
10,000
2.500
20.000
4.500
2,500
2,000
1.000
59,000
2023
EnvIronM￿l
Marine ConseNalion Sots¢ty
Bulwell Forest Garden
Whitlingham Chafitable Trust
5,000
10,000
17.$00
2023
S•r¥l¢
The Chelsea Pensioners
The Roya Lancers & Noth"￿￿n￿. e Yeomanry IAuseum
Ihfjngs for Warriors
1.000
10.000
1.000
12.000
Page 20

TrIE LADY HIND TRUST
P4otgS to th• Fina￿1•1 Statsments
For th• Year End￿ 31 Decombw 2023
2023
Groupslclubs
The Zone Youth Prqecl
5,000
5,000
2023
H•rltage
The ExCel￿Or Trust
The B¥cham Centre
ReS￿e Wooden Boats
1,000
1,000
4.500
Page 21

THE LADY HIND TRUST
For the Yw EThd￿ 31 D•comber 2023
2023
m￿1¢41 l Dl¥ablod
Alzh8imerfs Re5e¥th UK
Add8nbrooke's Charitat* Trust (AC
The Arkgphylaxis UK
8igC
8ipol8r UK
Bowel Ca￿r UK
CampkM"Il Cofflmunities East Anglia
Can￿r Research Uk
C¥diac Risk In The Y¢
Démand
Demenlia Hub (Community Gwdern¥J Grixy)
East Arylia's Chlthen's HosPiC8S
East Anglian AIT AMI￿lan
British EplepSyAsS￿10I
Hear for Norfolk
Improving Lives
Lincolnshire & Nottiighanshwe kn AmtrAAa
Listening Books
M¥ie Curie
Motc* Neurane Disease Assoeialion (MNDA)
The Multiple Sderosis So¢iety
Music in Hospitals & Care
The Ncthlk Heart Trust
Nottingham MS Therapy Centre.. The NoltiTh*am Oxygen Centre
The NottiNJhamshire Hospice
Notbnghamshre Deaf Sc(
Ofthid F￿hling Male Canc
Portland Colege
Rair*ows Chikjren's Hosyce
The Roy Castte Lung Can￿r FourKlation
strongbones CFMldren's Chan"tabie Twst
Thoma98 Hall
The Urology Foundatic
Your¥J Lives vs Cancer
20.000
1,$00
2.500
1.000
2,000
2,1)00
10,000
3,000
1.000
2.000
3.000
15,000
2.000
2.000
3JJOO
15,000
1,01)0
2,500
2.500
1.000
12.500
1.500
29,500
3,000
1000
40.000
2,000
1.000
25.000
1,000
1,000
213.500
Pag8 22

THE LADY HIND TRUST
Notss to th• Financial Statsm•nts
For the Year End•d 31 D0￿Mbol 2023
2023
O¢hor
Ashfidd Voluntary ActKin
Community Accounting Pk
The Frozen Ark Prcieci
National Crimgbeat
Norfolk Commuiyty Fo￿letIC
Norfolk Commurmty Law Sefvice
Noth'nghamshire Communrty Found
STAA Ltd
2,000
2,000
1,000
3.000
2.$00
1.000
10,000
2,000
23.500
2023
W•lf
Age Concem Man5fietd
Ashfield Home Safety Project
BU￿"nghaM Emergenry Food Appe
Brave Futwes
2,000
2,000
1,000
iooo
4000
1.000
1.000
4,000
15.000
1.000
1.000
3.000
1.000
1.000
5.000
1.000
5.000
1.000
2.000
1.000
10.000
2.SOO
2.000
5,IMIO
Broxtowe Wcffjen's Prqect
BUILO
Church Am)y
ENOUGH CIC
Emmanuel No￿e Support Centre
ENYP
EP Youth
Farashore Midlands
Fareshare Ea51 of ErKJland
The Fishem￿n.S Mission
The Friary
Friends of the Elderty
Groundwork Greater NottirKJham
Great y￿MoUth and Godeston yO￿j Carers
The Hamlet Centre Trust
The Hardman Trust
Hdt YoLth Proied
Home.Start NottiThJham
Hope Springs Horticulture CIC
The Jericho Road Project
23

THE LADY HIMD TRUST
Notsg to thè Flnanclal Stat•m•nts
For th• Y•ar End￿ 31 D•Gwnb•r 2023
Mall Cross Trust Company
Thg Matthew Proj8d
The Mission to Seafwws
Musical Keys
My Black Dc43
Nancy Oldfield Tnjst
Norfolk Cornmunrty FOundat￿- Sw L￿b Fund
Norfolk Communty Foundation . SH Norfolk
Nottingham & Noltinghamslu"re Rehuee F¢xum
NSPCC- Notbnghamshire
Oliver HiTrJ Youth Cbjb Charity
Open Minds
Open Homes Nottinghwn
POW Noltingham Ltd
Radford Care Gfc
Refugee Roots
Sharewear Clothing Scheme
Shine {Ea$t Norfolkl
Siblings Together
The Socia A￿1￿ HL
Sl Bamaba$ Coun¢eling Centre
SummeryK¥)d CommuThty ￿en
Support Through C¢x
Swan Youth Project
The Vine Conwnunity Centre
Waveney Stwdust Trust Ltd
5,000
5,1)00
1.000
1.000
1.000
2.1)00
2.000
s,000
10.01)0
8.500
2.500
2.(100
3,000
5,000
41)00
1.000
1,000
1.000
1.000
1.000
1,000
2,000
1,01)0
Total
148.000
2023
Totsl grants paid lo institutiorts of £1.000 ￿ mrKe
Other grants in aggregate
595.000
3.000
Total
598.000
Pag8 24