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2022-04-05-accounts

Trustees’ Annual Report for the period

From 6[th] April 2021 Period start date To 5[th] April 2022 Period end date Charity name: The Ron Hancock Foundation

Charity registration number: 209526

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To support and make donations to such
charitable organisations as the Trustees may
from time to time select.
Charitable objectives
The Charity's funds are held to be applied
towards such charitable purposes at the
Trustees discretion.
The Trustees make a number of charitable
donations each year.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
Donations of a total of £95,500 made to the
following charities
Phab £25,000
Horsley and Bookham RDA £25,000
Stella Hancock Riding Group £25,000
Ali's Gift £2,500
Compass Community Arts £5,000
Ellen Macarthur Cancer Trust £10,000
West Horsley PCC - St Mary's Church
£2,500
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 Public benefit
The Trustees confirm that they have
complied with the duty in Section 4 of the
Charities Act 2011 to have regard to the
public benefit guidance published by the
Charity Commission.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Para 1.38
Policy on grant making

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Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 All donations were made to other
charities which provide services to
beneficiaries.
Phab – Assisting Phsically Handicapped
and Able Bodied people
Horsley and Bookham RDA (Riding for the
Disabled)
Stella Hancock Riding - Group Carriage
driving activities
Ali's Gift – providing grants to people with
Cystic Fibrosis
Compass Community Arts – supporting
people with learning difficulties
Ellen Macarthur Cancer Trust – activities
supporting young people recovering form
cancer
West Horsley PCC - St Mary's Church –
Church activities

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

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Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 At the end of the Financial period the
charity held £83,131 in cash and £466,306
in investments
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 Cash held for future payments to other
charities
Amount of reserves held Para 1.22 £466,306 in investments
Reasons for holding zero
reserves
Para 1.22 n/a
Details of fund materially in
deficit
Para 1.24 Not applicable
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 Not applicable

Additional information (optional)

You may choose to include further statements where relevant about: The charity’s principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal Para 1.46 risks facing the charity Other

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Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Trust deed
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Unincorporated
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Trustees appointed by existing trustees
between 2 and 4

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charityname The Ron Hancock Foundation
Other name the charity uses N/a
Registered charitynumber 209526
Charity’s principal address 70 Drax Avenue, London SW20 0EY

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Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Pauline Hancock
Susan Thompson

– Corporate trustees names of the directors at the date the report was approved

Director name n/a

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
n/a

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Funds held as custodian trustees on behalf of others

Description of the assets N/a held in this capacity Name and objects of the N/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of
adviser
Name
Address
Type of
adviser
Name
Address
Type of
adviser
Name
Address
N/a
Name of chief executive or names of senior staff members (Optional information)
N/a

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/a

Other optional information

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Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Susan Christina Thompson Position (eg Secretary, Secretary Chair, etc) Date

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REGISTERED CHARITY NUMBER: 209526

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

FOR

THE RON HANCOCK FOUNDATION

THE RON HANCOCK FOUNDATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2022

Reference and administrative details 1
Report of the Trustees 2-3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6-7
Detailed Statement of Financial Activities 8

THE RON HANCOCK FOUNDATION

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 5TH APRIL 2022

Charity name The Ron Hancock Foundation Registered charity number 209526 Trustees P M Hancock S C Thompson Principal address Hillside Farm Shere Road Surrey KT24 6ER

Page 1

THE RON HANCOCK FOUNDATION

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 5TH APRIL 2022

The Trustees present their report with the financial statements of the Charity for the year ended 5th April 2022. The Trustees have adopted the provisions of the Statement of Recommended Practice: Accounting and Reporting by Charities: Charities SORP FRSSE and the Charities Act 201 1.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Charity was established in 1953 to commemorate the name of Philip Hancock. In later years the name was changed to reflect the benefactor’s name. The foundation has money invested and receives income from those investments together with income from two deeds of covenant. The Trustees apply the income and the capital from time to time for charitable purposes at their discretion.

Governing document

The Charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

OBJECTIVES AND ACTIVITIES

Charitable objectives

The Charity's funds are held to be applied towards such charitable purposes at the Trustees discretion.

The Trustees make a number of charitable donations each year.

Public benefit

The Trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2011 to have regard to the public benefit guidance published by the Charity Commission.

ACHIEVEMENTS AND PERFORMANCE

During the year the Charity received £230,000 from realising part of the investment portfolio.

7 charitable donations were made to 7 charities totalling £95,000.

These are detailed on page 8 of the accounts. Charities were chosen from a long list of potential candidates with a focus on charities which Ron Hancock had supported in the past.

FINANCIAL REVIEW

Grants policy

For the financial period 6 April 2021 to 5 April 2022, no money was donated.

Reserves policy

The Trustees have considered their retained cash balances and feel that they are appropriate to cover anticipated expenditure and contingencies during the next accounting year.

Page 2

THE RON HANCOCK FOUNDATION

Risk management

The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Approved by order of the board of trustees on …………………………………….. and signed on its behalf by:

…………………………………………………….

S C Thompson

Page 3

THE RON HANCOCK FOUNDATION

STATEMENT Of FINANCIAL ACTIVITIES FOR YEAR ENDED 5TH APRIL 2022

- 2022
Notes Unrestricted 2021 Total
Income from funds (£) funds (£)
Donations and legacies
Investments 169,987 -
Total income 169,987 -
Expenditure on
Charitable activities 95,000
Other
Total expenditure 95,000 -
Net (expenditure)/income 74,987 0
RECONCILIATION OF FUNDS
Increase in Cash in Bank 78,708
Reduction/Increase in investments - 35,845 25,769
Total funds brought forward 506,574 480,805
TOTAL FUNDS CARRIED FORWARD 549,437 506,574

The notes form part of these financial statements

Page 4

THE RON HANCOCK FOUNDATION

BALANCE SHEET

AS AT 5TH APRIL 2022

AS AT 5TH APRIL AS AT 5TH APRIL AS AT 5TH APRIL
2022
Notes Unrestricted 2021 Total
CURRENT ASSETS funds (£) funds (£)
Debtors
Legacy - -
Investments 466,306 502,151
Cash at Bank 83,131 4,423
549,437 506,574
NET CURRENT ASSETS 549,437 506,574
TOTAL ASSETS LESS CURRENT LIABILITIES 549,437 506,574
NET ASSETS 549,437 506,574
FUNDS
Unrestricted Funds 549,437 506,574
TOTAL FUNDS 549,437 506,574

The notes form part of these financial statements

Page 5

THE RON HANCOCK FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5TH APRIL 2022

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and reporting by Charities.

Income

All incoming resources are included on the Statement of Financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Expenses

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 5 April 2022 nor for the year ended 5 April 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 5 April 2022 nor for the year ended 5 April 2021.

Page 6

THE RON HANCOCK FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2022

3. MOVEMENT IN FUNDS

Unrestricted funds
General fund
TOTAL FUNDS
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
At 6.4.21
£
506,574
506,574
Income
£
169,987
169,987
Net
movement
in funds
£
42,863
42,863
Expenses
£
95,000
95,000
At 5.4.22
£
549,437
549,437
Movement
in funds
£
74,987
74,987

Page 7

THE RON HANCOCK FOUNDATION

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5TH APRIL 2022

2022 2021
£ £ £ £
Income from
Donations and legacies
Donations 0 0
Investments
Investment gains 169,987 -
Total income 169,987 0
Expenditure on
Other
Bank Charges
Charitable activities
Donations made
Phab 25,000
Horsleyand Bookham RDA 25,000
The Royal British Legion
Stella Hancock RidingGroup 25,000
Ali's Gift 2,500
Compass CommunityArts 5,000
SeeAbility
Ellen Macarthur Cancer Trust 10,000
Alzheimer's Society
The Lifetrain Trust
British Heart Foundation
Marie Curie
Children's Adventure Farm Trust
Salvation Army
World Cancer Trust
RSA YoungFellows
V E Lodge
West HorsleyPCC - St Mary's Church 2500
95,000 0
95,000 0
Total expenses
Net(expenditure)/income 74,987 0

This page does not form part of the statutory financial statements

Page 8

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