Charity number.. 211756 HAMPTON FUELALLOfMETrThCHARITY ANNUAL REPORT 30 JUNE 2021 Hampton Fund H•mpton Fundlsth• worklw narneforHampton FuelAllotm•ntC*arly IRybthtlon No.2117561 RSM UKTax and Accounting knmited Thlid Floor, One London Square Cros5 Lanes, Guildford Surrey GUI IUN Page l of 55 HAMPTON FUELAILOTMENT CHARITY ANNUALREPORT for the year ended 30 June 2021 TABLEOF CONTENTS The Chalrmarfs Report Trustees. Annual Report IndependentAudltofs Report 19 Statement of Flnanclal Aalvltles- Curr•nt year 23 Statement of Flnanclal Actlvltles- ComparatI￿year 24 Balance Sheet-currenl year 25 Balance Sheet-comparatlve year 26 Staternent oltsh Flows 27 Notesto thè FlnabKlal Statements 28 Accountanvs Report 55 Hampton Fuel Allotm97t Charfty- Annual Report 30 lune 2021 Page 2 0155 HAMPTON FUEL ALLOTMENT CHARITY THE CHAIRMAN'S REPORT for the year ènded 30 June 2021 While l am happy, and somewhat relieved, to report that Hampton Fund has fully recovered from the financlal effects ol COVIO-19. 1 am acutely aware that this is not the case lor many of those we support. As such it hès been our dual priority over the p35t year to continue providing a5 before while at the same time makin8 special provision for these extraordinary times. Ta that end, unusually for Hampton Fund, we 5¢)Jght both third-party and local community fundin8 on top of our own Income from investrnents. Through the oneRichrnond prolect thi5 brou8ht in an additional six f18ure sum. I wrlte more on thSs later, but I would partlcularly like to thank all those who contrlbuted. While all thls was happen5ng, we welcomed two new Tru5tee5, Adele Klmber and SharSka Sharma who have already made a posltive dlfference to the team. These are uncertain times to be Sure. Nonethelèss Hampton Fund Is solldly, resSllently placed to contlnue supporting those in need in our area, a5 It has for the past 110 years. It's what we do ampton Fund provldes 8rants and other forms of Ilnanclal help to low-income lamllles and Indlvlduals, prlmarily help5ng them wlth theSr energy cost5, CO￿ lurnlshln8 and white goods and a contrlbutlon to school uniform5 and School trip5. We 3150 continue to make grant5 to other local charltles that support local people and provlde a ran8e of servlces withln the community. Our sto¢k-market-Inve5ted endowment fund enables us to do thls, and great credlt goes to our fund managers, Hampton Fund D5rector, David White and our Chair of Finance and Investment. Dr Martin Duffy, for ste.erSng us throu8h wlth a steady hand, At the end of the flnincial year reported here our funds, and thereby our ablllty to help, had reached a record high. Of course, we've had dlffTcult flnanclal tlme5 before and learnt from them. We knew for example, as you can apprec5ate from your own experlence, It's when times are hardest that we are needed the m95t. 50, WE had put reserves In place for just such times as this and were able to meet all of our bud8eted commitments and more. Our unlque borough There 15 a pereeptlon that thls is an affluent Borough, but th15 brlnBS wlth Sl partlcular challenges for those in real need.. less infrastructure to meet their requirements organi5ations from outslde the Borough have little Interest in providin8 help to those withln it the gap between rich and poor lead5 to 1501ation and mental health Issues property prices exacerbate homeles5ne5S Hampton Fuel Allotment Charity-Annual Report 30 June 2021 Pa8e 3 of 55 HAMPTON FUELALLOTMENT CPIARITY THE CHAIRMAN'S REPORT Icontlnuedl Igr the year ended 30 June 2021 How we have helped Indlvklualsthis year Under the guldance of Carole Swinburne. Individual Grant5 Manager and through the very efficient meetings of Revd Ben Lovell, Chair of Individual Grants, individuals in need may apply dlrectly to us. Most awards are fuel 8rants which we then pay directly to the energy suppller on thelr behalf. During 2020121, we awarded 1,847 fuel grants to indivlduals totalllng £897.73011,591 in 2019120 at a C05t of £770,650). In addition, we make grants for the purchase of basic white goods, for example a fridge ol a cooker, and basic items of furniture such as a beij. Typlcally, these grants are offered where rehousing is neèded èspeually of thosè previously homeless. Howwe have helped local ¢harltles thls year The work of the charities and community groups sn our Borough is both vitally important and very much appreciated. We support those in need by makin8 8rants to many of these or8anisalions. Community Grants are the responslbillty ol Davld Whlte, our Dlrector, supported by Jan Webb, our Communlty Grants Manager. Under the stewardshlp ol Hilary Hart, Chalr ol Cornmunity Grants. we made 76 community grants in 2020121 173 in 20L91201 to charitable organisation5 lotallin8 £1,354,6001£1.13rn in 20191201. We reco8nlse that the extraordlnary cSrcumstancp% rjl the pa%t year have Ipd to some changes in the projects behSnd these 8rants and we have been flexible In thelr application where appropriate. We are pleased to have been able to contlnue high level of grant makln8 and are well se¢ to fund even more nextyear. Many charStles laced Increased demand lor their servlces lust as they suffered a decline in thelr Income. The public beln8 locked down meant varlous sources of Income drled up. Stafflng has presented Its own challenge wiLII SUlTl* lidvillg Lu be furluuglied Lv luss ul iriLuine experienced by Llidrities. Otlier key wurkers dble LL) contlnue worklng have experienced the challen8e ol so£lal distanclng when more used to workin8 face to face With vulnerable cllen'45. Or8a41isatlon5 have had to adapt creatiweivi wlth greatei use beln6 iJi ade of onllnE support, zoom, telephone arnd emall. They (you perhaps) adapted to this 'new normal" surprlsingly well and showed admlrable re5i1Sence. Many went -above and beyond~ for thelr servite users. Onllne provSslon surged almost overnlght ond a whole new category ol volunteer ernerged in the VacclnatSon Stewards. Almost all adapted their pr4Ctices to contlnue to be accesslble to the most vulnerable. The Hampton Fund Is honoured and a Ilttle humbled to be able to contrfbute to such organlsatlons. Our Brants cover a wide variety of sectors. Includin8 disablllty, older people, chlldren and young people, carers, and mental health a5 well B5 community actlvitle5. The end-ol-grant monltorlng report we receive from the groups we lund15 Qne way we evaluate the irnpact of our funding. pla￿ based 8bvln8 oneRichmond is a collaborative venture between Hampton Fund, Richmond Parish Lands Charity IRPLCI and, in time, other community 5takehDlder5. We a8reed last year that children and youn8 people would be oneRichmond's first theme. This year we successfully secured a 8rant of £IOO,000 from the National Lottery Community Fund to support youth projects to dellver actSvities and services for vulnerable young people who have been affected by the COVID-19 crisis. An independent Panel awarded 15 8rants to the value of £104,100. The Award5 Panel w85 made up of representatives from local comrnunily 5takeholder5, includin8 four young people, one being the Richmond Chalr, Chlldren in Care Councll. The Harlequlns Foundatlon contrlbuted the shortfall of £4,100. Hampton Fuel Allotment Charlty- Annual Report 30 lune 2021 Page 4 of 55 HAMPTON FUEL ALLOTMENT CHARITY THE CHAIRMAN'S REPORT Icontlnuedl for the year ended 30 June 2021 Our COVID-19 Appeal was launched to support local charities whose essential services are at risk through loss of funding. To date. approximately £20,OtK) has been raised, Including generous donatlons from members of the public, Richmond Housing Partnership and PA Housing. Hampton Fund and RPLC added a further £20,000 to this total throu8h match funding. Our th4nks once again go to all those who have helpèd to promote and support thls work and to Hampton Fund's David White, Jan Webb, Geraldine Locke and my Deputy Chair. David Meggitt and to the RPLC team for maintainlng the momentum. Meetlng local needs today and tomorrow Looking after the endowment fund and balancing thè need5 01 present and future generatlons a￿ challenges that we, as Trustees, have to consider carefully. Accordingly, our prime investment objective Is to ensure that funds available for beneliciades are malntalned sn real terms, so as to ensure that future 8enerations may benellt from the endowmènt at least as wéll as the current onè. In order to achleve thls 8oal, we have adopted a Total Return, approach to investment whlch allow5 Trustee5 to use both income and capltal 8rowth produced by the endowrnent fund to satlsfy expenditure. This removes any reliance on income alone to meet expenditure and permit5 a more flexlble and lon8er-term Investment approach. In looklng after our endowrnent, we take Independent profe555onal advlce on how Its flnanclal assets are Invested and mana8ed. Durln8 the year mana8ernent ol the endowment'5 assets wa5 sharèd between ues Asset Mana8ement and Rathbone Investment Mana8ement. Although our total Investment portfolio at thè be8lnnlnB of the financial veèr was down on past years, a calm, lon8 term approach has seen the fut)d "bounce back" slnce. Charjty governance Governance contlnues to be an Important duty of the Board of Trustees and we execute a programme of regular revlew of all our policles. Staff turnover Is another Important rlsk to manage, and l am glad to 5aV that we have had no change5 thi5 year. l add my thanks to our team of profe551onals who have kept the operatlon fully functlonal throu8hout lockdown. 01 course, we would have found Ilfe far more difficult wlthout Zooml Our Trustets Ultirnately governancè sits wlth the Trustees. Our Trustees are permitted to serve a maxlmum of five-year terms, and we can have up to 12 Tru5tee5. We believe this offers a healthy balance of stabllity and turnover, with usually one or two new Trustee5 each year. At the close of the year, we had all posts filled, however since June, Clive Beaumont ha5 relocated to Sullolk. I have deeply appreciated h15 calm and carin8 approach to the role- performed slnce 2013. We were fortunate to benelit from his rnernbership and all wish him the very best for the future. Our HR cornmlttee, chalred by Geraldlne Locke, ha5 carrled out excellent work in the field of diversity and representation a5 well a5 honing our skills re8lSter of current Trustees and skills requirement5 lor present and future Trustee5 in order to help us improve a5 a Board. Thgugh we are pro-active in seeklng to ￿cruIt new Trustees, we always welcome enquiries trorn those who ml8ht be Interested in 5ervin8. Hampton Fuel Allotment Charity- Annual Report 30 June 2021 Page 5 of 55 HAMPTON FUEL ALLOTMENTCHARITY THE CHAIRMAN'5 REPORT Icontlnuedl for ihe year ended 30 June 2021 Keep In touch Flnally, do tap Into our tontlnued presence on soclal media and on our new website www.hamptonfund.to.uk, put together by our Communications Strat4y Group, Chaired by Dr James Brockbank and supported by our technical guru Sheila Pryde. Otherwise, if you would like to speak directly to us, do call our office on 020 8941 7866. It ha5 been a year ol ups-and-downs for all ol us and Hampton Fund has been busy on your behalf. Whatever comes our way, we will be here for you. With thanks. Chalrman Date.. . 2021 Mr Martin Sey Hampton Fuel Allotment Charity- Annual Report 30 lune 2021 Page 6 of 55 HAMPTON FUEL ALLOTMENT CHARITY TRUSTEES, ANNUAL REPORT for the year ended 30 June 2021 The Trustees present their report and the financial statements of Hampton Fuel Allotment Charity la150 referred to as"Hampton Fund. or'the Charit¢l for the year ended 30 June 2021. The financial statements have been prepared in accordance wlth the accountln8 policies set out in the notes to the financial statements and to comply with the Charity's governlng document, the Charities Act 2011 and Accountln8 and Reportin8 by CharStSes.. Statement of Recommended Practice applicable to charitie5 preparin8 their accounts In accordance wlth the Flnanclal Reportln8 Standard appllcable In the UK and Republic of Ireland IFRS 1021 leflect5ve l January 20191. OBJECTIVES ANO A￿1VITIEs Charftable purpose and actlvltles The Charity exlsts to address need In the comrnunity and to Improve the quallty ol Ilfe of Its inhabitonts. Thi5 need rnay arise from various sources. including financial hard5hlp. 111-health and dlsablllty, and gaps in the fundin8 01 educatlon and local recreational amenlties, It achleves this purpose by maklng grants. both to individuals ind families and tg not-for-proflt organi5ation5 whose workfa115 wlthln these parameters. The fund1ng ler these 8rants arlses out of Income derived from the Charlty'5 investments; the 5trate8y of the Charity is to balance the needs ol current and potential future benef5c1a￿eS by maintainin8 the value of the endowment in re31 terms, whSle 8eneralin8 a suffi¢ient total return to meet annual needs. The area of beneflt wlthln the London Borough of Richmond upon Thames ILBRUTI and In order of prlority, Is.. 11 Hampton and Harrpton klill.. 21 the remalnder ol the former Borough of Twickenham (Hampton WICK Teddlngton, Twlckenham and Whlttonl,. and 31 thè remainder of the presènt L8RuT. Indivldual grants are restrScted to the Ilrst two of these. Assets of the Charfty The assets of the Charfty con51st of approximately £60.2 mllllon of Investments, £1.2 mllllon ol freehold and leasehold property and other tan8Sble flxed assets. EO.3 mllllon of debtors Ilncluding concesslonary loansl and £1.8 milllon of bank and cash balances. The total return generated from the Snvestments Is used to mèet the charitable oblects. Grant maklng pollcy l. Individual grant5- Famllies and Indlviduals on low income To meet a proportlon ol the electricity and 8as bills of individua15 and lamilie5 who meet our criteria To provlde essentlal equlpment Ifor example white goods or items of furniture) To support children, who are In their penultlmate or flnal year at lunlor school, with the costs of the sthool lourney and 5th001 uniform Beneficiarie5 must live in the Hamptons, Teddington, Twlckenham, orwhltton. Hampton Fuel Allotment Charity- Annual Report 30 June 2021 Page 7 of 55 HAMPTON FUEL ALLOTMENT CHARITY TRU5TEES' ANNUAL REPORT Iconiinuedl for the year ended 30 June 2021 2. Community grants Organlsations are supported to tackle need and improve quality of life, benefiting residents in the followln8 areas.. the Hampton5. Teddington. Twickenham, and Whitton. The Trustees may consider initiatives that also benefit residents in the rest of the London Borou8h of Richmond-upon-Thames, provlding there Ss a si8nificant proportion of beneficiaries from the areas outlined above. What the ChJrfty1s unllkely to support The Charity is unlikely t0 5UPPOrt any of the followin8'. Grants lo individuals lor prlvate and post compulsory educatlon,. b. Adaptatlons or bulldin8 alterations lor individuals., Holiday5 except In cases of severe medical need,. Home decoration. c3rpetin8 or central heaJn8', Anythin8 whlch Is the responslblllty of a statutory bodv,. Natlonal 8eneral charltable appeals., Animal welfare., h. Advancement of rell8ion and rell8lous 6roups, unless they offer a non-rellglous servlee to the eommunltv., Commerclal and bu51ness artlvitles- Endowment appeals., k. Projects of a polltlcal nature., Retrospectlve revenue or cap5tal 8rants' and m. Social EntErpri5e5 except Cornmunlty Interest Companles ICICS) for an Inltlal 3-year pilot project from February 2019. Howto applyfor a grant- Indlvlduals Complete an Indlvldual 8rant appllcatlon form, whlch should be sent to the Indlvldual Grants Mana8er. ApplScatlon forms are avallable to download from our webslte www.harn tonfund.co.ukl. The form5 are also available from the Charitls olflce and from advlce and communlty centres In our area of benef5t. Durln8 2020121. 5t 15 expected that Indivldual grant applicatlons wlll be avallable to complete onllne. How to appty for a grant. Organlsatlons Information and 8uidance on the Charity's appllcation process lor a community grant Ss avallable on the Charity's website 1www.ha onfurtd.c including a copy of the application form5. Publlc beneflt The Trustee5 have taken The Charity Commission's 8eneral 8uidance on public benefit (contained within the recent publication 'Charitles and Public Benelit'l into conslderation In preparln8 thelr statements on publlc beneflt contalned w1thln thls Trustees, Annual Report. Hampton Fuel Allotment Charity- Annual Report 30 lune 2021 Page 8 of 55 HAMPTON FUEL ALLOTMENT CHARITY TRUSTEES. ANNUAL REPORT Icontinutdl for the year ended 30 June 2021 Ourvisian 15 to give our community the chance to create a brighter future and the opportunSty to thrlve. The Charity provides grants to Sndlvlduals In nee. For a full list of the community grants awarded in 2020121, please see note 16 to the financial statements. A summary of the communlty grants awarded in the year Is as follows.. Grants Awarded 2020121 Number GrantsAwarded 2019 20 Cate8ory Advice. Advocacy & Outreach Arts, S orts & Recreat5on Carer5 Number 156,500 6,000 159,100 174,800 109,100 295,200 57,OLXJ 195,500 50.0(K) 30,000 42.000 111,200 153,300 124,850 256,800 42,500 136,900 49,800 155,200 28,000 1,130.550 Ch51dren & Youn Peo 12 li Communlty Activitles Is 17 Educalion Heèlth & Wellbein8 Housin & Homele5sne5S 13 io Older Peo Other 131,400 20.OLX) 1,354.600 io TOTAL 76 73 Communlcatlons Trustees recogni5e the Importance of dolng our best to ensure that those who can benefit from our grants are ware of the help available. To th15 end, we launched our new website in March 2021 whlch 8Sve5 a clear focus on the Sndlvldual grants available to help famllies and indlvlduals living In our area of benellt who are flnancially eligible lor our 5upport,' and the cgmmunitv grants for voluntary sector or8anisation5 to provide services and attlvlties for those Sn need Sn our area. We have introduced an online application form for individual grants to broaden accessibility. and early data shows that this has contributed to the slgnifScant increase in indivldual grants over the past year, from 1.591 in 2019120 to 1,847 in 2020121, an Increase 0116%. The hard copy appllcation form will Still be available, and the leam continue5 to be proactive in providin8 gne-to-one support for those who need help to complete the application form. Over the past year we have been active in social medla, both on Facebook and Twitter. The aim is tg raise the proflle and awareness of Hampton Fund, and the help available. This has been achleved throu8h the inveftmont in additional rtJff rerouf£oJ. The establishment of a Communlcatlons Strategy Group and the recruitment of a Trustee wlth a professional background In communlcatlons also highlights the Importance we place on communicatlons and e¥plorln8 Wa￿ In which we can maximise our reach. Hampton Fuel Allotment Charlty- Annual Report 30 June 2021 Page 10 of 55 HAMPTON FUELALLOTMENT CHARITY TRUSTEES. ANNUAL REPORT IContinu*dl for the year ended 30 June 2021 oneRithmond oneRlthmond has been established by Hampton Fund and RPLC. two local grant-maknng tharities with a lon8 history and 8ra5sroots knowled8e of the local community. Independent research commissioned by u5- On The Edge. concluded that the perception of Richmond as a wealthy place masks hi8h levels ol need. oneRichmond exlst5 to hl8hll8hl and address those needs acros5 the Borou8h. The airn is to work with others to unlock additlonal 51gnificant resources, improve opportunltles and change lives. We want a Borough in which everyone can thrive. By additional resource5, we mean funds, expertlse. tlme and use of facllities. In the past vear oneRlchmond has achleved the followlng: 151 A new webslte to provide a pre5en£e. 1511 Launch of COVID-1g Appeal that wlll be doubled by Hampton Fund and RPLC. To date, approximatelv £20,000 has been ralsed, whlch means a total of approximately E40,000. The funds are speclSically to Support charltles whose essentlal seNlces are at rlsk due to lack or105s ol funding becausè of COVID-19. Iliil A £IOO.000 srant award from The National Lottery Communlty Fund. The grant Wa5 specSfically to fund local youth projects to deliver actbvltie5 and servlces lor vulnerable youn8 people across Rlchmond who have been affected by the COVIO-19 crlsis. In March 2021, 15 8rants were awarded by an Independènt decislon-makln8 panel for a total of E104,100. The add5tional £4,1(X) was donated by ThE Harlequln5 Foundation, The panel included.. four youn8 people with a ran8e ol experience,. the Chalr ol Richmond upon Thames Voluntary Fund., the Head of The Harlequin5 Foundatlon., the local Councilor Spokesper50n for Communitie5, EquBlItIES & the Voluntary Sector,. the ChIld￿n and Youn8 Pegples Voluntary Sector Strategic Lead Manager, Richmond CVS,. and Trustee representatives from Hampton Fund and RPLC. For full details of the 8rants awarded. please refer to Note 17. Ilvl The publicatlon ol an independent peer led research report on the need5 of ytsun8 people In Richmond. Wè arè grateful to the 14 young peer researchers who Sntervlewed 222 youn8 people,. the charities. community 8roups and publlc sector that also contributed to the research, and to Rocket Science lor theSr research ènd report. There are several recornmendations In the report. To begin wlth. oneRichmond Is considering two of these., mentoring for young people, and a webslte that Inform5 young people whaV5 on and where acros5 Rlchmond. Trusteès at Hampton Fund eonslder that oneRlchmond adds value to Sts existlng work. For further Information on oneR5chmond. pleasevlslt FINANCIAL REVIEW Flnanclal results of actlvbtles and events The Charity produced a posStive total retum Ideflned as Investment Income plus capltal 8alns or 1055esl of 16.1% Dr £8.79 million 12019120.. a negative total return of 4.3% or a net 1055 of £2.51 mllllonl, belng investment income of £l,?7 million12019120.. £1.91 million) plus capital gain5 01 £7.02 million12019120.' capital losses of £4.41 rnillionl, received income from other source5 of £0.16 milllon1201912020.. £0.03 milllonl and incurred total expenditure of £2.87 million12019120.. £2.42 million), resulting in a surplus of £6.08 rnillion for the year12019120.. £4.88 million deficitl. Total expenditure Sncluded grants to Indivlduals and charitable organi5ations totalling £2.41 millioTh12019120'. £2.00 millionl, investrnent management lees totallin8 £0.10 mlllion 12019120.. £0.09 million) and total other costs of £0.36 milllon12019120.. £0.31 million). Hampton Fuel Allotment (harlty-Annual Report 30 June 2021 Page 11 of 55 HAMPTON FUELALLOTMENT CHARITY TRUSTEES, ANNUAL REPORT Icontlnuedl for the year ended 30 June 2021 The total net assets of the Charity as at 30 June 2021 were £62.79 million 130 lune 2020.. £56.70 million), including investments valued at £60.19 rnillion130 June 2020= £54.49 rnillionl and bank balances ol £1.83 million130 June 2020.. £1.41 millionl. COVID-19 RegardlnB the irnpact ol COVID-19. the bulk ol the damage to investment values caused by the pandemic occurred in the second half of the prevSous year, 2019120, dLsrlng which the value of net assets fell by £6 milllon. The subsequent recovery in the markets during the ctyjrse of 2020121 has led to a recoupin8 of the invèstment losses. Indeed. as at 30 June 2021, net assets were £1 mSlllon 8reater than at 30 JunÈ 2019, and at an hlstorical high. Reserve5 pollcy Followln8 a revlew In 2016117, the Twstees, pollcy Is to malntaln sufflclent free reserves lunrestrlcted funds not commltted or Invested in tan8ible flxed a55ets or deslgnated fund51 to cover 3 years of operatlng expenditure, whlch is currently around £8,6 milllon. In additlon, the Charity expects to continue It5 practice of supportlng capital projects as and when opportunlties arlse. for whlch there should normally be adequate provlslon In the amount o18eneral funds. As at 30 June 2021, our level of free reserve5 was £8,646,624 130 June 2020.. £7,409,507), whlch rep￿sents about 36 rnonth5130June 2020.. 36 months) of expendlture. Investment pollcy The Trustees, Investment powers are those as defined by the frustee Act 2000. The Trustees are required bv the Charity's deed5 to Ensure that its investment5 are kept under review by one or more expert5, who are required to inform the Trustees or investment managers ol any changes that may be in the best interests of the Charlty. The Trustees may only make chan8es to the Charltls Investments lollowlnB advlce from an independent Investment expert. The Charit¢s prlrne Investment objective Is to rnaintain fund5 available lor beneflclarles at thelr current level, of around 4% of the value of the endowment. in real terms over time. In order to athlevè thls, the Trustees have established an Investment strategy which aims to produce an average ènnual total return Ideflned as Income plus capltal 8rowthl of Consumer Price Inflation ICPII +4%, AchlevSng thSs objective would make around 4% Icurrently In excess of £2 mllllonl per annum avallable for makln8 8rants to current benellclarles, whllst also ensurln8 that the value of the endowment. together with the Income generated from it. 15 malntained in real term5 for the benefit of future beneliclaries. The Charity recognlses the need to diver5rfy its investments in order to spread risk. It has been agreed by the Tru5tee5 that the Chariws investment5 are actively mana8ed. Hampton Fuel A1lotm￿)t Charity-Annual Report 30 June 2021 PY4e 12 of 55 HAMPTON FUELALLOTMENT CHARITY TRUSTEES. ANNUAL REPORT Icontlnuedl for the year ended 30 Junè 2021 The Trustee5 have adopted a Total Return approach to the mana8ement of the Permanent Endowment Fund on the basis that thi5 provides a more flexible approach to investment management, which should help to improve its risk-adjusted returns by relaxin8 income constraints on it5 Investments. A resolution to thi5 effect wa5 passed on 29 Aprll 2015 and the Trustees a8reed to use the value1£39.18 million) ol the Permanent Endowment Fund on 30 June 2010 as shown In the Charitls audited financial statements for that date, as the Preserved Value of the Permanent Endowment Fund. The Trustees aim to prDte£t the value ol the Permanent Endowment Fund in real terms by mak5ng transfers periodically from the Unapplied Total Return Fund to ncre35e the value of the Permanent Endowment Fund in line with the CPI measurement of inflation. At 30 June 2021, the value of the Permanent Endowment Fund stood at E48.69 milllon130 June 2020.. £47.51 rn511ionl. The Trusteès have appolnted UBS ￿Set Mana8ement and Rathbone Investment Management to actlvelv manage the Charity's investments. The Char5tVs investment strate8y and the performance of 115 Investments are revlewed regularly by the Trustees wlth Input from the Charity's professlonal Investment adv150rs. Durlng the year under revlew, the market value of the Charltvs Investments Increased by apprtsxlmateSy £5.7 m111ion12019120.' decreased by approxlmately £3.8 mS11ionl. Please refer to note 11 to the financlal statements whlch prov5des additional Information. The investments held a5 at 30 June 2021 Include both the Endowment Fund and the General Fund amounts, a5 shown in the balance sheet on pa8e 25. Responslble Investment Pollcy Hampttsn Fund holds thè maltsrity of its investments as flnanclal Investment5. Wlth the alrn of maxlmlsln8 returns at an approprlate level ol risk. Appointed investment mana8ers are expected to Invest the assets In1Sne with the Charltv's llL&LO￿l and Ihe Trustees reserve the right to exclude investments that conllict with these, such as (but not limited tol investments in companie5 involved in practices such as.. human rlght5 vlolation5 unethlcal lendln8 practlce5 Ifor example payday loans) vlolation of mlnlmum labour and livln8 wa8e standards envSronmental degradatlon armament sales to milltary reglmes pornography 8amblln8 The Trustees ask the Investment managers to engage wlth Investee company rnana8ement In relat5on to quallty of governance, environrnental and so¢lal Impact, ènd exerclse votln8 rl8ht5 accordln81y. PLANS FOR FUTURE PERIODS Future strategy The broail strategies and objectives ol the Charity are likely to rernain unchanged while the needs of those supported by the Charlty wlll be kept uniler revlew for potential changes of emphasis or new areas of work. Communlcatlons We plan to continue to be attive in Social media, both on Facebook and Twitter, further raisin8 the profile and awareness of Hampton Fund, and the help available. The Communications Strate8y Group will contlnue to explorè ways Sn which we tan maximise our reach 8oin8 forward. Hampton Fuel Allotment Charity-Annual Report 30 June 2021 Pagè 13 of 55 HAMPTON FUEL ALLOTMENT CHARITY TRUSTEES, ANNUAL REPORT Icontinuedl for the year ended 30 June 2021 oneRichmond Looking ahead, we are keen to solidlfy oneRlchmond's support lor youn8 people,. to raise the profile of oneRichmond and en8è8e wlth local communities and stakeholders,. and to consider how best to structure oneRichmond In the future. Impxt of actlvltles and s18nlficant events The Charity will retaln simllar Investrrent benchmarks a5 at present. Its 8rant 8lvin8 prlorftie5 will a150 remaln slmilar to those for the year under review. A review of the Charitls overall Snvestment strate8y was planned for Sprln8 2020, five years since the Charlty adopted 3 Total Return approach, establi5hSn81ts current 5trate8y and appointment of the current investment advlsors and managers. Plowever, wlth the outbreak ol the coronavirus and the Stock market ua5h in March 2020, the review wa5 cornpleted Autumn 2020. Future commltments The Trustees have awarded grants to a number of organlsatlons, whlch have not been accounted for wlthln the vear concemed. As at 30 June 2021, these commltmentg aré sublect to varlous term5 and conditions, whlch have not yet been fulfllled, total £34.000130 June 2020.. E28,0001 and are likely to be called upon durlng the next year or two. A detailed analysis of these commltments IS given In note 18. The Trustees are satisfied that STRUCTURE, GOVERNANCE AND MANAGEMENT status and hlstorv The Charity was created following the 1811 Enclosure Act by the 8rantln8 of 10.14 acres of land for producln8 a supply ol fuel lor the poor ol the andent parSsh of Hampton. Subsequently the land was rented out for nurseries. In 1988, the land was sold lor dèvelopment and the Sale proceed5 formed the financial base for the current work ol the Charlty. ampton Fuèl Allotment Charity became a re81Stered charlty on 19 November 1962. The 6ovemin8 document was a scheme ol the Charlty Commlsslon dated 26 Au8ilSt 1981. It wa5 amended by schemes dated 27 Julv 1989, 4 December 199L, and 21 AprS12004 and an order dated 19 August 2004. Wlth effect from 27 April 2005, the Trustees resolved to make various alteratSons to these documents with the approval of the Charlty Cornm155ion, These varfous documents were Subsequent￿ consolidated Into a 51ngle document. Or8anlsatlonal Structure The overall strateglc direction of the Charlty is determlned by the Trustees, who have set up various sub- commlttees and made various professlonal appointments to assigt them in ensuring the strategic gtsa15 of the Charity are achieved. Trustees are normally app(Nnted for a period of five years. Hampton Fuel Allotment Charity- Annual Report 30 lune 2021 Page 14 of 55 HAMPTON FUELALLOTMENT CHARITY TRUSTEES, ANNUAL REPORT Icontinuedl for the year ended 30 June 2021 The Trustees transact the CharitV5 business through Board meetings. which are held at least four times a year arnd through the sub-committees of the Board. The activitles of sub-commlttees are reported to the main Board meeting. Finance and Investment Panel.. this panel usually meets live times a year, Including 6-monthly reviews with our Investment advlsor and investment managers,. and oversees the char5￿$ 5nvestment strategy and perfomiaN¢e. It also 5et5 the charf￿5 annual budget. Personnel and Resources Panel., this panel meets at least once a year and keèps under revlew matter5 relating to 5taifing, Staff perforrnance, office premises and equipment. Indlyldual Grants Panel,. thls panel meets at least SIM tlmes a year to conslder appllcatlons frorn individuals and familie5 in need. In urgent cases the panel Chairman. another Trusteè and the Individual Grants Mana8er have delegated power to a8ree grants. The level ol award5 is reviewed on a regular b351S. Communlty Grants Panel., thls panel meets at least s5x times a yèar and conslders appllcatlons from or8anisallons. The panel has dele63ted powers to make 8rants up to an agreed amount and to make recommendatlons to the Board forgrants above that amount. The awards of both the Indlvldual Grant5 Panel and the Communlty Grants Panel are revlewed by the full boafd of Trustees at thelr re8ulai meetln85. Special Panels may be forrned by Tru5tee5, under an established procedure, to conslder any formal complalnts related to the conduct of the Charfty and Its relatlonshSp wlth other partle5. Worklng Groups are a150 e5tab115hed, as and when approprlate, to look at speclflc areas ol work, Key mana¥ernent personnel The day-to-day management of the Charfty Is entrusted to the Dlrector and team ol staff, who are responslble for delivery of the Trustee5' declslons. In broad terms, the Dlrector servlce5 the full Board and Is responsible for Communlty Grants and other key areas of work. The IndlvSdual Grants Mana8er service5 the Indlvldual Grants Panel and recelves, checks and piocesses grant applicatlons from Individuals. In the opinlon of the Trustees, the Olrector, the Individual Grants Mana8er, and the Communlty Grants Manager meet the definltion of key management personnel. The startlng salary for new mernbers of staff is determined by benchmarking slmilar roles within the charitable sector. Salaries are reviewed by the Personnel and Resource5 Panel in February and recommEndatlOF15 made to the Finance and Investment Panel. Recommendations must be approved by the Board of Truslees and any salary increase implemented from I lulyi the beginning of the Chariws a¢countln8 year. Individual performance and inflation are critical factors that the Trustees will consider when deterrnining any salary ncrease. Hampton Fuel Allotment Charity-Annual Report 30 June 2021 Page 15 of 55 HAMPTON FUELALLOTMENT CHARITY TRUSTEES, ANNUAL REPORT Icontlnuedl for the year ended 30 June 2021 Method of recrultment. appolntment. electlon. Inductlon, and tralnlng of Trustees Recruitment, uppointment, ond elertlon One of the Tru5tee5 of the Charity is ex-officio. six of the Trustee5 are nomlnated and up to live can be co- opted. The ex-officio Trustee is the incumbent of St. Mary's Parish, Hampton. When a vacancy for a nominated Trustee a￿seS, the nomlnèting authority Ss contacted. and the Chèrity awalts its selection. The nominatin8 authority is provided with a guideline as to the 5ki11s, knowledge 3nd experience that would be of benefit tg the Trustee Board. Co-opted Trustees are recruited from those who are resldent in the area of beneflt or have a good knowledge ol It and have skills and knowledge relevant to the activitles ol the Charity and it5 area of benefit. In some cases, these are 'tar8eted' throu8h a recoBnlsed need to have speclflc skllls to asslst Trustees. declsion makin8 (for example local G.P., financial skills and experience). The Charlty will a150 advert15e lor nèw TNstees when appropriate. Indtirtion and trainln New Trustees receSve Inductlon and a Trustees, Handbook contalnln8 essentlal materlal about the Charlty and how it operates. Key information Is held on the Trustee web51te portal for ease of access. Trustees recelve regular report5 relalln8 to the Charft¢5 activltle5, attend regular meetlng5 and are encouraged to part4cipate In tralnln8 events and workshops to update knowledge. The Charity recognise5 the need to keep exlstlng and new Trustees up to date with leglslatlvè, Charltv Con31i1155101) and 3ccoknJillii8 reqdirenients. 11 also reco8n15es the need loi- Trustees to bé aware of developments wlthln the area ol beneflt whlch ml8ht allect thelr 8rant makin8. Trustees rece5ve updates from speaker5 at their rneetln85. on rnatter5 relat5ng to the Charlty, a5 well a5 one to one Induction In place of R15k mana8ement Trustees believè that the Charity should manage and where appropdate reduce rlsk through Its operation, The Director maintalns a rlsk register. The Finance and Investment Panel review the risk assessment document every year and draw the attention of the Board to area5 where further actlon moy be requlred. These are reEorded so that the necessary Steps can be taken to manage them effectively. The Charity has adopted the risk pmbtsbillty and risk Impoct approach to risk assessment. Although most risks are rated low and rnedium. this new approach highlighted the higher risk to Ioss 01 inve5trnent5 and iniome due to external force5 (for example stock market and politlcal dEc151onsl. Appropriate controls are in place to mitl8ète these risk5. Hampton Fuel Allotment Charity-Annual Report 30 June 2021 Page 16 of 55 HAMPTON FUEL ALLOTMENT CHARITY TRUSTEES'ANNiIAL REPORT Icontlnuedl for the year ended 30June 2011 In addltlon to rfsk mitl8ation. the Charlty Is aware of the need to respond to events beyond it5 tontrol that lead to significant disruption to the running of the business, Accordingly, 3 Busines5 Continuity Plan forms part of the overall risk management processes and procedures, provid5n8 an action plan to ensure that the key functions of the Charity wlll be effectlvely carrled out durin8 any pErSod of disruption. Trustees. responslbllltles In the preparatlon of financlal statements The Trustees are responsible for preparlng the Trustees, annual report and the flnanci31 statements In accordance with appllcable law and United K5ngdom Accounting Standards IUn5ted Kin8dDm Generally Accepted Accountin8 Pra¢tleel. Th& law applicable to charities In England and Wales requSres the Tru5tee5 to prepare linanclal statements lor each financial year which glve a true and fair vlew of the State of affalrs of the Charfty and ol the Income and expendlture of the Charity fDr that period, In preparin8 those linanclal statements, the Trustee5 are requlred to.. select suitable accounting polScles and then apply them consistentlv., observe the methods and prlnclples In the Charltle5 SORP. make lud8ement5 and accountlng estlmates that are reasonable and prudent,. state whether applicable accountin8 Standards have been followed, subject to any materlal departure5 dlstlosed and explained in the financlal statements,. and prepare thè flnanclal statements on the going concern basls unless St15 Inèpproprlate to presume that the Charity will continuè in business. The Trustees arè responslble lor keeplng proper accounling record5 that disclose wlth reasonable acturacy at any tlme the flnanclal position of the Charlty and enable them to ensure that the financlal statement5 comply wlth the Charltles Act 2011, the Charity IAccounts and RÈport51 Regulatlons 2008 and the provisions of the trust deed. They are also responslble for safeguardln8 the assets ol the Charlty and hence lor taklng reasonable Steps for the prevention a¢)d deteclion of fraud and other irre8ularitSes. The Trustees are responslble for the malntenance and Inte8rity of the corporate and Ilnancial infonrBtlon on the Charltrfs website. Le8Sslatlon in the Unlted Kingdom governlng the preparation and di55emination of flnanclal statements may d5ffer from le8lslatlon In other lurlsdletlons. Audltor Mazars LLP has indlcated its willingness to contlnue In offlce. Statement a5 to disc105ure of Informatlon to the audltof The Tru5tee5 at the date of approval of thi5 Trustee5' annual report conflrm that so far as each of them 15 aware. there Ss no relevant audit information of which the ChariV5 auditor Is unaware, and the Trustees have taken all steps that they ought to have taken to make themselve5 aware of any relevant audit inlorrnation and to e5tabllsh that the auditor is aware ol that infomiation. Hampton Fuel Allotment Charity- Annual Report 30June 2021 Page 17 of 55 HAMPTON FUEL ALLOTMENT CHARITY TRUSTEES'ANNUAL REPORT Icontlnuedl for the year ended 30 June 2021 REFERENCE AND ADMINISTRATIVE DETAIiS From I July 2020, the followingTrustees have held offlce.. Ex-offlclo Revd Ben Lovell Nomlnated.. The London 8orou h of Richmond u on Thames Mr Mark Boyle Ms Geraldine Locke Mr Martin Seymour (Chairman) The Parochlal Church Counclls of.. St Mary's, Harnpton St James'5, Hampton Hlll All Saints, Ham ton Mrs HSlary Hart Mr Cllve 8eaumont Mrs Kim Loxton Co•OPted,. Dr james Brockbank Dr Martin Dully Mr David Me Vitè-chèimianl Ms Adele Kimber (from November 20201 Mr Richard montgome.ry (until November ?0201 Mrs Sharika Sharma from November 2020 The lollowln8Trustees seNed as membets of sub-commlttee5 durln8 the year ended 30 lune 2021.. Flnance and Investment Mr Clive Beaumont Mr Mark Boyle Dr Martin Duffy Ichairl Ms Adele Kimber jlrom November 20201 Mr David Me Mr Martin Seymour Mr5 Sharika 5h3rma (from November 20201 Mr Richard Mont ornery (until November 20201 Personnel and Resources Mr Clive Beaumont Mrs Hllary Hart Ms Adele Kimber Ilrom November 20201 Ms Geraldine Locke Ichairl Mr Rlch3rd Montgome luntS1 November 20201 Indlvidual Grants Dr larnes 8rockbdnk Mrs Hllary Hart Ms Adele Kimber (from November 20201 Mr5 Kim Lomton Revd Ben Lovell (Chairl Mr David Me Mr Martin Se Communlty Grants Mr Clive Beaumont Mr Mark Boyle Dr lamES Brockbank Or Martin Duffy Mrs Hilary Hart (Chalrl Ms Adele Kirnber Ilrom November 20201 M5 Geraldine Locke Mrs Kim Loxton Revd Ben Lovell Mr David Meggltt Mr Martin Se mour Mr5 5harika Sharma IfTom Novernber 20201 mour Hampton Fuel Allotment Charity- Annual Report 30June 2021 Paee 18 of 55 HAMPTON FUEL ALLOTMENT CHARITY TRUSTEES, ANNUAL REPORT (Continued) for the year ended 30 June 2021 The principal address of the CharSty is the offices of Hampton Fund, 15 High Street, Hampton, Middlesex rn12 2SA. Hampton Fund is the workSng name for Hampton Fuel Allotment Charity Ire8iStered charity number, 2117561. For further informatlon. please vi51t www.h nf The Trustees have made the lollowing professional appointments.. Audltor.. Ma2ars LLP, 6 Sutton Plaza, Sutton Court Road, Sutton, Surrey SMI 4FS Accountant.. RSM UK Tax and Accountln8 Umlted, ThSrd Floor. One London Square, Cros5 Lanes. Gulldford, Surrey GUI IUN Prlncipal Banker.. Barclays Bank plc. Barclays 8uslne5s, 8-12 Church Street, Walton On Thame5, Surrey rr12 201 Investment Advisor.. Mazars Wealth Management, Tower Brldge House, St Katherlne's Way, London EIW IDD Investment Mana8ers'. U8S AG, 3 Finsbury Avenue. London EC2M 2AN Rathbone Brothers Plc, I Curzon Street, London WIJ 5FB Penslons Advisor: Punter 5oulhall Asplre, 115trand. London WC2N SHR The follow5ng key senlor members of staff are responsible for the day-to4ay mana8ement of the CharSty'. Mr D I White Olrector Mrs C Swinburne Indlvidual Grants Manager Mr5 J Webb Communlty Grants Manager EXEMPTIONS FROM DISCLOSURE No exemptlon5 from thè dlsclosure reqU1￿MentS applScable lo a larger tharlty have been taken In thls Trustees, annual report. FUNDS HELD AS CUSTODiAN Although the Charlty would malntain restilcted lund5 to deal wSth incomin8 reSoUr￿S that are earrnarked for partlcular purpose by donor5, sponsors, and other funders, the Charfly does not currently hold any fund5 as custodian for any thlrd party, Thls report was approved byTrustee5 on 4 Novemb8r 2021. and was signed for and on behalf of the Board by . Chalrman Mr Martln se Date.. 2021 Harnpton Fuel Allotment Charfty- Annual Report 30 June 2021 Page 19 of 55 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF HAMPTON FUEL ALLOTMENT CHARITY Opinion We have audited the financial staternents of Hampton Fuel Allotment Charity Ithe'charity'l for the year ended 30 lune 2021. which comprise the Statement of Flnancial Activltles, the Balance Sheet, the Statement of Cash ows and the notes to the financlal stètements, 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 FRS 102 Yhe Financial Reporting Standard applltable in the UK and Republlc of Ireland- Iunited KSngdom Generally Accepted A¢counting Prarticel. In our opinion, the flnancial statements.. 8ive a true and fair vSew of the state of the charity'5 affairs as at 30 June 2021 and of it5 income and expenditure lor the year then ended.. have been properly prepared In accordance wlth Unlted Kln8dom Generally Accepted Accountln8 PractSce,' and have been prepared In a¢cordan¢e wlth the requlrements of the CharStles Act 2011. Basls for oplnlon We conducted our audlt In accordance wlth Internatlonal Standards on Audltlng IUKI IISAS IUKII and appllcable law. Our responslbllltles under those standards are further described in the Auditols respon51billtles lor the audlt of the lin3nclal statements section ol OIJT report. We are Independent of the charlty In accordance with the ethical reqvlrements that are relevant to our audlt of the flnancial statements In the UK, includln8 the FRCS Fthlr.al Standard and wp have fulfillpd our other ethlcal responslbllltles In accordante wlth these requlrements. We belleve that the audlt evldence we have obtalned 5$ sulfi¢lent and appropriate t¢ provide a basls lor our opinion. Con¢lu5ions ielatln8 to 8oln8 concern In auditing the fSnanclal statements, we have concluded that the Trustees, use ol the 8oin8 concern basls of accounting in the preparatlon of the linanclal statements is appropriate. Based on the work we have pérformed. we have not identified 3ny material uncertaintie5 relating to events or conditions that, individually or collectively, may cast sl8niflcant doubt on the charity'5 abllity to continue a5 going concern lor a perlod of at least twelve months from when the financlal statements are authorlsed for issue. Our responslbilliles and the responslbb1itl￿ of the Trustees with respect to 60ing toncem are described In the relevant section5 of thi5 report. Other Informatlon The other information ¢omprises the informatlon Included In the Trustees, Annual Report, other than the flnanclal statements and our audliorfs report thereon. The Trustees are rèsponslble for the other Inlormaiion. Uur oplnion on the linantièl statements ijoes not cover the other intormation and we do not e¥pre55 any form of assurance concluslon thereon. Hampton Fuel Allotment Charity- Annual Report 30 lune 2021 Page 20 of 55 INDEPENDEMt AUDITOR'S REPORT TO THE TRUSTEES OF HAMPTON FUEL ALLOTMENT CHARITY {Contlnuedl In connection with our audit olthe financial statements, our re5pon5ibility is to read the other information and. in doin8 so, consider whether the other inform3tion is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appear5 to be materially rnisstated. If we Identlfy such material inconsistencie5 or apparent rnaterial mlsstatpments, we are required to determlne whether there 15 a material mlsstatement in the financial Statements or a material misstatement of the other information. If. based on the work we have performed, conclude that there is a materlal rnisstatement of thSs other Informatlon, we are required to report that fact. We have nothlng to report In thls re8ard. Matters on whlch we are requlfed to rÈport by èxceptlon In118ht of the knowledge and undèrstandln8 of the charSty and Its envlronrnent obtalned in the course of the audit, we have not Identllied material mi55tatemÈnts the Trustees. Annual Report. We have nothlng to report In respect ol the followin8 matter5 In relat5gn to whlch the Charltle5 IAccount5 and Reports) Re8ulations 2008 reguire5 U5 to report to youll, In our oplnlon.. the inlormation 8lven in the flnancial statements Is Inconslstent In any materlal respect wlth the Trustees, Annual Report., tsr 5ufliclent accountlng records have not been kept,. or the flnanclal Statements are not In a8reement wlth the accountin8 record5,' or we have not received all the Inlormatlon and explanatlon5 we requlre for our audlt. Responslbllltles of Trusiees A5 explained more lully in the Tru5tee5' responslbilities Statement set out on page 16, the Trustees are responsible for the preparatlon of the Ilnancial statements and for belng satlslled that they glve a true and falr vlew, and for such internal control as the Trustees determine 15 nece55ary to ènable the preparatlon of flnanclal statements that are free from materlal rn155tatement, whetherdue to fraud or error. In preparin8 the finanual statements, the Trustees are responsible for a5sesslng the cha¥lty's abillty to contlnue a5 a 80Sn8 concern, disc105in8, as applicable, matters related to 80in8 concern and using the 80Sn8 concem basis of accountin8 unless the Trustees either intend to liquldate the charSty or to cease operations, or have no reallstl¢ alternatlve but to do so. Audltorfs responslbllltles for the ¥udlt of the Ilnanclal statemènts We have been appolnted as audltor under section 144 01 the Charlties Act 2011 and report in accordance wlth the Act and relevant regulations made or having Èffècl thereunder. Our oblectlves are to obtain rEa50n3ble assurance about whether the financial 5tstements as a whole are free frorn material rnis5tatement, whether due to fraud or error, and to issue an auditorfs report that in¢ludes our oplnlon. Reasonable assurance Is a hlgh level of assurnnce but 15 not a guarantee that an audlt conducted In accordance wlth ISAS IUKI wlll always detert a material mlsstatement when it exists. Misstatements can arise from fraud or error and are considered rnaterial if, individually tsr In the aggregate, they could reasonably be experted to influence the economic declslons ol users taken on the basis ol the financlal statement5. Hampton Fuel Allotment Charity-Annual Report 30 June 2021 Page 21 of 55 INDEPENDE￿ AUDITOR'S REPORTTO THE TRUSTEES OF HAMPTON FUELALLOTMENT CHARITY (C￿tInued) Irre8ularlt1es, Sncludlng fraud, a￿ instances of non-compliance with laws and regulations. We deslgn procedures In line with our responsibilities. Outlined Zbove. to detect material misstatemEnts in respect of irregularitles. includlng fraud. Based on our understanding of the charity and its activities, we identified that the princlpal risks of non-compliance with laws and regulations related to the Charfties Act 2011. UK tsx le8151atlon. pension5 leglslation. employment regulation and health and safety regulation, anti-briberv, corruption and fraud, money laundering, non-compliance wlth implementatlon of 8ovemment 5UPPOrt schemes relatin8 to COVID-19, and we con51dered the extent to which non-compllance might have a materlal ellect on the financial Statements. We also considered those law5 and regulations that have a direct impact on the preparation of the financlal statements, sueh as the Charities Statement of Recommended Practlce. We evaluatèd thè Tru5teÈ5' and rnanagernenvs incentives and opportunitie5 for fraudulent manipulation ol the financial statements lincludin8 the risk ol overrlde of controls) and determlned that the principal risks were related to postin8 manual journal entr5es to manipulate Ilnancial performance, mana8ement bias through judgements and assumptlons in si8nilicènt accountin8 estirnate5, in particular in relation to fund accounting, and significant one-off or unusual transactions. Our audlt procedures were desl8ned to respond to those Identlfled rfsks, includlng non-complSance wlth laws and re8ulatlons Ilrre8ularltlesl and fraud that are materS0l to the flnan¢lal statements. Our audlt procedures Includgd but wprp not Ilrnlte.d to.. Dlscusslng wSth the Trustees and management thelr pollcles and procedures regardSng compllance wlth law5 and regulations., Cornmunlcatin8 Identlfled laws and Te8ulatlons throughout our en8a8ement team and remalnln8 alert to any Indltatlons ol non-tompllancp throu8hout our audit,. and Ctsnsiderln8 the r15k of acts by the charlty which were contrary to appllcable laws and re8ulatlons, includln8 traud. Our dudit procedures in re5aiion 10 fraud included but were noi limited TO.. MakSng enquSrles of the Trustees and mana8ement on whether they had knowled8e ol any actual, suspected or alleged fraud; Galning an understandln8 of the internal controls estab115hed to mltlgate ri5k5 related to fraud,. Discu555ng amongst the engagernent tearn the rlsks ol fraud.. and Addressing the rlsks of fraud throu8h mana8ement overrlde of controls by perfomilng journal entrv testin8. There are inherent limitations in the audit procedures described above and the primary responsibility for the preventSon and detectlon ol Irregularitles Includin8 fraud rests with mana8ement. As With any audit. therè remained a risk ol non-detectlon of irregularities. as these may involve collusion, forgery. intentional omissions. misrepresentations or the override of intemal controls. A further dèscription cl our responsibilities lor the audit ol the financial staternents 15 located on the Financial Reporting Council's website at ww.fr ThSs descrlption forms part of our a¢Jditorfs report. Hampton Fuel Allotment Charity- Annual Report 30 lune 2021 Pagè 22 of 55 INDEPENDENT AUOITOWS REPORTTO THE TRUSTEES OF HAMPTON FUELALLOTMENT CHARITY Icontlnued) Use ot the audit report ThSs report Is made solely to the Charl￿S trustees, as a body, actordance wlth Part 4 of the Charities (Atcounts and Reportsl Regulations 21JJ8. Our audit work has been unde¥taken so that we ml8ht stste to the charivs trustees those matters we are required to state to them in an auditorfs report and for no ather purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charlty and the charSVs trustees as a body, for our audit work, for thls report, or for the opinions we have formed. Ip.&•e .> Mazars ILP Chartered Accountants and Statutory Audltor 6 Sutton Plaza. Sutton Court Road. Sutton. Surreyj SMI 4FS LLP Date.. 16 Fobruary 2022 MHzars LLP 15 eliglble for appointment a5 audltor of the charlty by v5rtue of Its ell8lblllty for appolntment as auditor of a company under sectlon 1212 01 the Cornpanle5 Act 2￿)6. Hampton Fuel Allotment Charfty- Annual Report 30 June 2021 Page 23 of 55 HAMPTON FUELALLOTMENT CHARITY STATEMENT OF FINANCIAL ACTIVITIES for the year eniled 30 June 2021 Vnrtstritted ReStrItt￿ Endowment funds funds lunds Total 2021 Total 2020 Notes INCOME AND ENOOWMENTS FROM: Donatlons and le8atles Donations Funding in support ol the onERlchrnond in5tlative'. The National Lottery Communlty Fund The Harlequln5 Foundatlon Charltable a¢tlvltles Givin8 grants Investments Inve%tment income 200 200 ioo,¢J)o 4,100 loo,000 4,100 54,966 54,966 33,530 230,001 1,555,282 1,785,283 1,912,388 TOTAL 285,167 104,100 1,555,282 1,944,549 1,945,918 EXPENDITURE ON: Ra151ng fvnds 112,6251 185,0901 197,7151 190,2891 CharltablÈ attlvltlès Givlns grants 12,673,4J41 1104.1001 *,777.S941 12,326,122) TOTAL 12,686,1191 1104,1001 185,0901 12,875,309) 12,416,411) Net 8alns/l105sesl on Investments li 906,951 6,112,796 7,019,747 14,407,556) NET IEXPENDITUREIIINCOME 11,494,001) 7.582.988 6,088,987 14,878,049) Transfers between funds 2.700.000 12,700,000) NETMOVEMENT IN FUNDS 1,205,999 4,882,988 6,088,987 14,878.0491 RECONCILIATION OF FUNDS Total funds brought forward at I july 2020 Is 8.637,735 48,064,523 56,702,258 61.580,307 TOTAL FUNDS CARRIED FORWARDAT30JUNE 2021 Is 9,843,734 52,947,511 62,791,245 S6,702,2S8 Hampton Fuel Allotment Charlty- Annual Report 30 lune 2021 Page 24 of 55 HAMPTON FUEL ALLOTMENT CHARITY STATEMENT OF FINANCIALACTIVITIES for the year ended 30 June 2020 Unrestrirted Endowment lunds funds Totsl 2020 Totsl 2019 Note5 INCOMEAND ENDOWMÉNTS FROM: Donatlon5 and legacle5 Donations Charttable actlvltles Glving 8rant5 Investments Investment Income 200 33.530 33,530 9,713 256,429 1,655,959 1,912,388 2,363,673 TOTAL 289,959 1,655,959 1.945.918 2.373.586 EXPENDITURE ON,. Ralslng fund5 Inve..5tment rnana8ement costs Charftable actlvltles Glving grants 111,9991 178,2901 190,2891 1114,7041 12,326,1221 12,326,122) 12,464,089] TOTAL 12,338,121) 178,290) 12,416,411> 12,578,793] Net losses on Investments li 1585,7641 13,821,792> 14,407,556> 1312,7411 NET EXPENDITURE 12,633,926) 12,244,123) 14,878,049> 1517,9481 Transfers between funds 2,200,OCQ 12,2LXJ,0001 NETMOVEMENT IN FUNDS 1433,9261 14.444,1231 14,878,049) 1517,9481 RECONCIUATION OF FUNDS Total fund5 brought forward at l July 2019 15 9,071,661 52,508.646 61.580,307 62,098,255 TOTAL FUNDS CARRIED FORWARD AT 30 JUNE 2020 15 8,637,735 48,064,523 56,702,258 61,580.307 Hampton Fuel Allotment (harlty-Annual Report 30June 2021 Page 25 of 55 HAMPTON FUEL ALLOTMENT CHARITY BALANCE SHEET 30 June 2021 Unre5trirted Restricted EndowmÈnt funds fvnds fvDds Total 2021 Total 2020 Note5 FIXEDASSETS: Tangible assets Flnanclal ￿nVeStMentS Social Investrnents Concessionary loans io li 1,192,110 8,733,278 1.192.110 1,204,628 51,461,195 60,194,473 54,485,582 12 5,(N)O s,rx)o 23,600 9,930.388 51,461,195 61.391,583 55,713,810 CURRENT ASSETS.. Debtors Cash at bank and In hand 13 12,302 685,611 341,806 1,148,710 354,108 1.834.321 273,536 1,412,033 697,913 1,490,516 2.188,429 1,685,569 LIABIUTIES.. Creditors,, Amounts falllng due within one year 14 1784,5671 I4,2￿} 1788,7671 1697,1211 NET CURRENT ILIABILITIESII ASSETS 186,6541 1.486,316 1,399,662 988.448 TOTAL Ntr ASS17S 9,843,734 2,947,511 62,791,245 56,702,258 THE FUNOS OF THE CHARITY., Endowmènt Funds Permanent Endowment Fund Unapplled Total Return Fund Restrlaed Income Funds oneRlchmond Inltlbtlve Fund Unrestrlcted Income Fund5 General Fund 15 15 48,687.534 48.687.534 47.506,429 4,259,977 4,259,977 558.094 15 15 9,843,734 9,843,734 8,637,735 TOTAL CHARITY FUNDS 15 9,843,734 52.947.511 62,791,245 56.702,258 The financial statements on pages 23 to 54 were approved by the Trustees and author15ed for Issue on 4 November 2021 and are signed on it5 behalf by.. Chairman Mr Martin Sey our Date.. /A Alo Lh- . 2021 Chairman ol the Finance and Investment Panel Dr Martin Duff Date.. . 2021 Hampton Fuel Allotment Charfty- Annual Report 30 June 2021 P4e 26 of 55 HAMPTON FLIEL ALLOTMENT CHARITY BAiANCE SHEET 30 June 2020 Unrestrirted Endowment funds fvnds Toial 2020 Totsl 2019 Notes FIXED ASSETS: Tan8ible a55ets Flnancial investment5 Soclal Investments Concesslonary loans io li 1,204,628 7,041.172 1,204,628 54,485,582 1,216,542 58,388,560 47.444,410 12 23,600 23,600 28,600 8,269,41XJ 47,444,410 55,713.810 59,633,702 CURRENT ASSETS: Debtors Cash at bank and In hand 13 36,822 1.024,887 236,714 387,146 273.536 1,412.033 43D,908 2,237,337 1,061,709 623,860 1,685.569 2,668,245 LIABILITIES., Creditors.. Amounts fallln8 due w5thln one year 14 1693,3741 13,7471 1697,1211 1721,6401 NET CURRENT ASSETS 368,335 620,113 988.448 1,946,605 TOTAL NET ASSETS 8.637,735 48,064,523 56,702.258 61,580,307 THE FUNDS OF THE CHARITY.. Endowment Funds Permanent Endowment Fund Ltnapplled Total Return Fund Unrèstrlcted Income Fundg General Fund 15 15 47.506,429 558,094 47,506,429 558.094 47,2(K),218 5,308,428 15 .637.735 8,637,735 9,071,661 TOTAL CHARITY FUNDS 15 8.637,735 48,064,523 56,702,258 61,580,307 Hampton Fuel Allotment Charity- Annual Report 30 June 2021 Page 27 of 55 HAMPTON FUEL ALLOTMENT CHARITY STATEMENTOF CASH FLOWS for the year ended 30 June 2021 2021 2020 Notes CASH FLOWS FROM OPERATING ACTIVITIES: Net cash used In operatSn8 activitSes 20 12,621,209) 12,376,6391 CASH FLOWS FROM INVESTING ACTIVITIES: Dlvldends, interest, and rents from Investments Purchase of property, plant, and equlpment Proceed5 from sale of investments Purchase of Investrnents Repayments of conces51onary loan5 1.716,471 2.054,794 12,4301 13,8811 7.365,015 6,991.297 16.054,1591 17,495,8751 18,600 5,OCMJ Net Cash piovided by investing actlvltles 3,043,497 1,551,335 ChaTh8e in cash and cash equlvalents In the reportln8 perlod 422,288 1825,3041 Cash and cash equivalents at the bèglnning ol the reportin8 period 1,412,033 2,237.337 CASH AND CASH EQUIVALENTS AT THE END OF THE REPORTING PERSOD 21 1,834.321 1,412,033 Hampton Fuel Allotment Charity- Annual Report 30 June 2021 Page 28 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTES TO THÉ FINANCIAL STATEMENTS for the year endeil 30 June 2021 ACCOUNTING POLICIES Basls of afcounilng These financial statements have been prepared in accordance with FRS 102 'The Financial Reportlng Standard applicable in the UK and Republic ol Ireland- and under the historical cost convention, except a5 modified for the annual revaluatlon of fixed asset Investments. WSthin the defSnStlons of FRS 102, the Charlty15 a publlc benefit entity. The Ilnanclal staternents have a159 been prepared In atcordance wlth the accountlnB pollcles set out in more detail below, to comply wlth the Charltvs 8overning document. the Charlties Act 2011 and Account5n8 and Reportin8 by Charlties.. Statement of Recommended Practice appllcable to charltles préparlng thelr accounts In accordance wlth the Flnancial Reportln8 standard applicable in the UK and Republlc of Ireland IFRS 1021 (effective l January 20191. Golng toncern Whllst there remalns sl6nSflcant uncertalnty regardSn8 the 8lobal economlc Impact of the COVIO-19 pandemlc and the ablllty of the Charlty to wlthstand Its ne8atlve effects, the Trustees have considered the future Ilkely cash flows for the Char5ty covering a period of at least twelve months from the date ol approval of these financial statement5, and they are conlldent that sufficient funding Is avallable to support the on-80in8 activltles of the Charfty. The fSnancial statements have therefore been prepared on a 8oing concern ba51s. The flnancSal statements do not include any adjustment5 that would result should the 8oin6 cgncern basi5 of preparation not be appropriate. In the event that this basls Ss not appropriate provislons rnay be required and assets rnay need to be written down to their retoverable arnount. Income General donat5ons and other similar types of voluntary inctsmè arè brought Into account when recelvable and donated Income Is Included gross ol any attrlbutable tax recoverable, where relevant. Donatlons glven for speclflc purposes are t￿ated as restrlcted income. Investment Income Is accounted for on a recelvable basls once the dSvldend has been declared or the Interest ha5 been earned. Income re￿1vable from charftable actlvltles Is reco8nlsed as Incorne when earned by the Charitv. Hampton Fuel Allotment Charity- Annual Report 30 June 2021 Page Z9 of 55 HAMPTON FUELALLOTMENT CHARITY NOTE5TO THE FINANCIAL5TATEMENTS Icontlnuedl for the year ended 30 June Z021 ACCOUNTING POLICIES Icontlnued Expenditure All expenditure is accounted for on an accruals basis and is allocated to the Charit¢5 printipal attivitv where the costs can be identified as bein8 dlrectly related to that actSvity. All costs that cannot be Idèntified as relating directly to the Charity's prlncipal adivlty ère categorised as elther support costs or govemance costs. Any costs that cannol be specificalSy cate8orised are allocated in proportion5 based upon a sultable ratio èpplicable to the nature of the tost Involved. Governance costs are the costs associated In runnin8 the Charity as a Unlted Kln8dom charitable cornpany and 5peclflcally include the c05t5 of the external audlt. Grants payable are reco8nised Sn the perlod In which the approved otler Is conveyed to the recSpient except In those ca5e5 where the oller Is condltlonal, such grants bein8 recognised only when the condltions attachin8 to the award are fulfilled. Grants offered sublect to condition5. whlch have not been met at the balance sheet date, are noted as a potentlal commltment, but are not treated a5 a Tanglble fixed assets All tan8lble asset5 purcha5ecJ that have an expected useful economic Ilfe that ex¢eeds one year are capitallsed and classifled a" tan8ible fixed assets. Tènglble flxed b5Jet5 are Jtated at hl.torlcal co- depreclatlon. Depreclatlon is provided on 811 tangible flxed assets, other than freehold land, at rates calcylated to wrlte each asret down to its e5tim3ted residv31 value over Its eY.pected useful life, as follows.. Freehold and long leasehold property Flxtures. fittlngs, and equlpment 2% stral8ht line 25% reducln8 balance Flnanclal Investments The CharltV5 Investments are Included In the balance Sheet at fair value Ithelr market value). The galn5 Qr losses arisinB upon thelr annual revaluatlon 3re Included In the statement of linanclal actlvltles. Soclal Investments The Charity'5 50clal Investments are comprised entirely of conces51onary loans. Concesslonary loans are initially recoenised and measured at the amount loaned to the beneficiary involved. with the carryin8 amount adjusted in subsequent years to reflect repayments and any accrued interest that may be relevant. 11 there is objective evidence of imp8irment in rel8tion to Bny conce5iion0ry1o8n, an impairment loss is imm&diately recognised in the Statement of financial activities, and thereafter, a reversal of part or all of the impairment will be reco8nised through the statement of financial activities if the beneficiarV5 clrcum5tance5 improve. Hampton Fuel Allotment Charity-Annuèl Report 30 June 2021 Page 30 of 55 HAMPTON FUELALLOTMENT CHARITY NOTES TO THE FINANCIALSTATEMENTS (Continued) tor the year ended 30 June 2021 ACCOUNTING POLICIES Icontinuedl Flnanclal Instfurnents A financlal Instrument is a contract that gives rlse to a financial asset of one entity and a flnancial Ilabllity or equlty Instrument of another entity. Financial instruments are therefore classified and accounted for accordlng to the substance of the contractual arran8ement as financial assets, financial Ilabllltles, or equSty Instruments. An equlty instrument is any contract that evidences a residual interest in the assets of the èntlty after deductSn8 all of Sts Ilabllities. Flnanclal assets and Ilabllltbes The Char5ty'5 debtor5 and credltors that meet the definition of elther 3 flnancial asset or a flnanclal liabi1Sty are initially recognlsed at the transaction value and thereafter are stated at amortised cost usln8 the effectlve 5nterest method. Pen51on contrlbutlons The Charlty makes contrlbutlons Into Ilelined contributlOD penslon schemes on behalf of certaln employee5. The asset5 of the sthemes are held separately from those of the Charity sn independently admin15terÈd funds. The arnount charged to the statement of linantlal activities In respect of pension Costs is the total contributions payable for the year. Fund aecountln The gènèral fund comprises the accumulated Surpluses ol unrestricted intome over expendItu￿, whSch are avallable for usè In furtherance of the general oblectlve5 01 the Charity. Restrlcted funds are funds sublect to 5pecSfic conditions 5mp05ed by donors, The purpose and use of the restricted funds are set out In the notes to the IlnancSal statements. Arnounts unspent at the year end are carried forward In the balance shèet. The permanent endowment fund Is a speclflc type of re5trlcted fund, whlch cannot be swnt as income. Instead, thE funds must be held permanently to produce a return lor the Charlty. The Unapplied Total Return Fund comprlses that part of the total return on the Charit(5 permanent endowment investments whlch has not yet been allocated by the Trustees to either the general fund or the PErmanent endowrnent fund. It can be carried forward if not needed or allocated to be spent as incorne or reinvested in the permanent endowment fund in a particular year. Hampton Fuel Allotment Charity-Annual Report 30 June 2021 Page 31 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS {Conilnuedl for the year ended 30 June 2021 CRITICALACCOUNTING JUDGEMENT5 AND KEY SOURCES OF ESTIMATION UNCERTAINTY In the appllcation of the Charftls accountlng policies. the Tru5tee5 are required to make judgements. estimate5 and assumptions about the carrying amount of assets and liabilities that are not readilv apparent from other sources. The estlmates and underlyin8 assumptions are based on historical expedence and other factors that are considered to be relevant. Actual result5 may differ from the5E estimates. The estimates and underlying a55urnptions are reviewed on an ongoing basss. Rev5sions to accountln8 estlmates are recognlsed Sn the perlod In which the estimate Is revised 11 the revlsSon affects only that perlod, or In the period of the rev151on and future perlod5 If the revision affects both current and future periods. There were no speclflc Judgements, estimates and assumptions that were critlcal to the preparatlon ol these flnancial Statements. INCOME FROM GIVINGGRANTS 2021 2020 Servlce income rece￿ed from The London Borou8h of Rlchmond upon Thames Income for the oneRichmond inltlativè from 21,722 10,444 22,800 8.830 24,7 Rental Income recelved In respect 0124 Rlngwood Wav 54,966 33,530 2-222-2 IIXE INCOME FROM INVESTMENTS 2021 2020 Ar151n£ upon the CharltVs115ted Investment portlollo: Income from securitles- ues portfolio Income from unlt tru5t5- Rathbones porifollo 901,834 1.063,838 882,361 845,929 1,784,195 1,909,767 Ari51ng upon cash held.. Interest on cash deposits 1,088 2,621 1,785,283 1.912,388 Hampton Fuel Allotrnent Charity- Annual Report 30 June 2021 Page 32 of 55 HAMPTON FUELALLOTMENT CHARiri NOTES TO THE FITrWNCIALSTATEMENT5 Icontlnuedl for the year ended 30 June 2021 EXPENDITURE ON GIVING GRANTS 2021 2020 Grants payable Inote 61 Costs of the oneRlchmond Inltlatlve shared wlth Rlchmond Parlsh Lands Charlty Support and Bovernance costs (note 81 2,405,341 1,997,619 27,865 344,388 21,839 306,664 2,777,594 2,326,122 GRANIS PAYABLE 2021 2020 Grants awarded In the year (note 71 Condltlonal 8rants awarded irn previous years where tonditlons fulfilled (note 181 1425,976 1.950,619 28,000 75,OQJ 2,453,976 2,025,619 114,6351 16,7361 6,736 Grants no longer requlred- YMCA St. Paul's Group Grant refunded by Marble Hlll Playcentres Refunded grant reissued to OK Musit Trust Condltlonal grants awarded In the year where condltlons not yet fulfllled (note 181 34,CM)01 128,0001 2,405,341 1,997,619 Hampton Fuel Allotment Charfty- Annual Report 30 June 2021 Page 33 of 55 HAMPTON FUELALLOTMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl for the year ended 30 June 2021 GRANTS AWARDEO IN THE YEAR 2021 2020 Gn7nt Givinq- 1ndfvldu￿l6rOnts Fuel grants- 1,847 grants12019120.. 1,5gi grants) Les5'. Fuel grant refund5 Essential items and furniture Carellne no units12019120.. 41 units) School journey grants- 29 grants12019120.' 9 grants) School uniform 8rants- 53 8rènts12019120.' 10 grantsl Chlldren's Dlsabillty Fund- no grant512019120.. 2 grant) 897,730 13,9621 64,412 770,650 19,6721 53,325 2,248 1,298 i.oc 1,220 3.796 5,3CQ 967.276 820.069 Grunt Glvlno- Communlty Gronts Advlce, Advocacy and Outreach Art5, 5port5 and Recreatltsn Carers Children and Youna People Communlty Activitie5 156,500 30,000 42,000 111,200 153,300 124,850 256,000 42,500 136,900 49,800 155,200 28,000 159,100 174,800 109,100 295,200 57,(K)O 195,500 So,￿)0 131,400 20.￿0 Educatlon Health and Wellbeln8 Housing and Homele$5ness Older People Other 1,354,600 1,130,550 oneRlchmond InI￿atIVe grants 104,100 Total grants awarded In the year 2,425,976 1,950,619 See note 16 for a more detailed analy515 of communitv 8rants awarded in the year and note 17 for rnore detalled analys15 of oneRichmond Initlatlve grants awarded In the year. Hampton Fuel Allotment Charity- Annual Report 30June 2021 Page 34 of 55 HAMPTON FUELALLOTMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl for the year ended 30 June 20ZI SUPPORT AND GOVERNANCE COSTS Support Governanre costs costs Total 2021 Total 2020 Staff costs (note 91 {91%.'9%J Ground rent, rète5, light, heat, and repalrs Insurance Computer and webslte costs Stationery, postage, telephone. travelllng and sundry Accountancy fees Auditorfs remuneration.. Auditorf5 lee5 for audit service5 Investment advlsory 5ervice5 Le8al and professional lees Depreciation 203,087 3,976 20,085 223.172 3.976 179.393 4.827 2.445 16.388 16,160 16,160 7.386 47,160 7.386 47,160 14,828 43,200 12,905 12.905 7,200 9,437 14,948 16,649 7,200 5.939 15,795 7.21K) 9,437 14,948 311,398 32,990 344,388 306,664 Governance costs are the costs assoclated In runnln8 the charity as a Unlted KSn8dorn charltable cornpany and speElf5cally include the costs of the external audlt. STAFF COSTS 2021 2020 No. No. The average monthly number of employee5 lexcludln8 Tru5teesl durlng the year was.. Offl¢e and adminlslratlon Staff costs for the above persons.. Wages and salarles Soci81 security costs Staff pension costs Rècruitment costs 193,631 15,561 13,900 280 153,510 13,499 L2,384 223,172 179.393 Durin8 the year, one employee recelved total emoluments of between £60,001 and £70,IMIO12019120.. one). In respect of that employee. total pension contributions payable during the year amounted to £5,547 12019120.. £5,3851. The total arnount of employee benefits, including employer's national Insurance Contributions, recelved by key management personnel lor thelr services to the ChaTItv amounted to £190.14512019120.. £168.6611. The Tru5tee5 received no remuneration 12019120.. £Nill for thelr services provided to the Charity and dld not claim for any expenses incurTed on behalf ol the Charity during the current or prevSous year, Other than In respect of the Trustees. the Charity 15 not reliant upon the contribution of volunteer5. Hampton Fuel Allotment Charity-Annual Report 30June 2021 Pwe 35 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTESTO THE FINANCIAL STATEMENTS Icontinuedl fgr the year ended 30 June 2021 io. TANGIBLE FIXED ASSETS Freehokl land and bulldlngs Long FlJtture5, leasehold flttlngs and Property equlpment TOTAL Cost". l July 2020 Additions I,It)0,962 1.620 254,866 104,413 1,460,241 810 2.430 30 June 2021 1,102,582 254.866 105,223 1,462,671 Depreclatlon.. l July 2020 Char8ed In the year 6.373 6.406 157,802 5.097 91,438 3,445 255,613 14,948 30 lune 2021 12,779 162,899 94,883 270.561 Net book valiie.. 30 lune 2021 1,089,803 91,967 10,340 1,192,110 30 lune 2020 1,094,589 97,064 12,97S 1,204,628 DurSnB 2018119, the Charity acqulred the freehdd ol d 4-bedroom residentldS propertv dt 24 Ringwuud Way, Hampton Hlll, whlth it refurbished lor a total cost of £638,606 and then leased to Spear Housln8 A5ioclatlon Lln)Ited to be nianaged loi. the benellt tsf formerly homeless people transltitsning back. into the cornrnunlty. The land element of thls property with a historical cost of £321,000 Is not beSn$ depreciated, but the remalning buildln8 element is belng depreclated on a 2% per annum str818ht Ilne b351s wlth eflett Irom 2019120 onwards. The Charity Is the le8al owner of the freehold land on whlch builthn8 prolects have been undertaken. Grant fundlng to cover the c05t5 of the bullding projects W35 included in charitable expendlture In the years In whlch the expenélture was incurred. Detalls of the land and the reclpients of the grants are as follows.. Land Reclplent of grant Land at School Road, Hampton Hill Harnpton and Hampton Hill Communlty Care Group 235,973 Land at Oak Avenue, Hampton RlchrnDnd upon Thames Churche5 Housing Trust 165,309 Land at Prince5 Road, Teddin8ton Richrnond upon Thames Churche5 Housing Trust 60,000 461,282 In each case. the recipients ol the 8rants also benefit on a continuin8 basls from operatln8 rent free In these properties. The property values are historic values. Hampton Fuel Allotment Charity- Annual Report 30 June 2021 Pagè 36 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTES TO THE FIMANCIAL STATEMENTS Icontlnuedl for the year ended 30 June 2021 io. TANGIBLE FIXED A55ETS Icontlnuedl The long leasehold property represents the Charivs office at IS High Street, Hampton. Below is a ta￿e listlng all the Chariws property intere5t5'. LEGAL OWNER OF FREEHOLD LAND AND PROPERTIES l. The Greenwood Centre. Hampton Hlll The property Is leased rent free to Flampton and Plampton Hill Cornmunlty Care Group. It15 a 99- year lease commencing 25 March 1991. ILand Regi5tryTitle Numbers.. TGL57123 and MX2484831 2, Oak Avenuelmaple Close. Hampton There are 8 bungalow5 on the site. The properties are leased rent free to Rlchmond upon Thames Churches Housin8 Trust lor 99 years, commencln8 23 May 1991. Rlchmond upon Thames Churches Housin8 Trust Ss now part ol Para8on Asra Housln8. (Land Registryntlè Number TGL615171 3. 44 and 46 Pwlnce5 Ro4dlBranksome C105e Teddln8ton There are 4 one-bedroom homes for disabled people. The propertles are leased rent free to Rlchrnond upon Thames Churches Houslng Trust for 99 years, commeneSng 29 SeptembÈr 1996. Rlchrnond upon Thames Churches Houslng Trust 15 now part ol Paragon Asra Houslng. Land RegSstry Tltle Number MX101444144 Prlnces Road) Land Re8lstry Tltle Number SGL168336146 Prlnces Road) 4. 24 Rlngwood Way. Harnpton Hlll The property was purchaspd In October 2018 for E575,000. (Land Registry Title Number.. MX4165141 The property has been leased to Spear Housin8 A$50Clation Limited for 6 year5 from lune 2019. LEASEHOLD 5. Olllce at 15 Hlgh Street, Hampton, TW12 25A 999-year lease from 29 September 1988. Hampton Fuel Allotment Charity- Annual Report 30 June 2021 Pzgè 37 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTES TO THE FINANCIAL STATEMENT5 ICI)ntlnuedl for the year ended 30 June 2021 io. TANGIBLE FIXED ASSETS Icontlnuedl ADDITIONAL PROPERTY INTERESTS 6. The Whlte House.The Avenue, Hampton The Charity provided a grant of £1.29 mllllon to fund the construction of a cornmunity centre. There was a long-term lease between the Trustees of Hampton on Thames Community Association and the local authorlty, who are the owners of the lancl. but the le4se wa5 surrendered in September 2020. The loca5 authorlty wlll be workin8 Wlth other stakeholders to identify an appropriate or8anisation to manage the cgrnrnunity tentre wSth a long-term lease, The ori6inal lease was for 125 years from 15 january 1993. In the event that the buildlng closes or is used lor non-community use. the Charity Is entitled to compensation. Details are set out in the 1993 Deed between the Charity and the local authority. Thè Trustees consider that the 1993 Deed is no longer 'fit for pu¥pose', particularly followin8 the surrender ol the long-term lease, and are keen to ne8Otiate a new Dèed wSth the local authority. 7. Property at 20 Seymour Road, Hampton Wlck In 1991, the Charity provlded a grant of £220,500 to Rlchmond upon Thames Churches Housin Trust (now part ol Paragon A5ra Housin81 to convert a property Into 4 sell-contalned flats for hl8hly vulnerdble pvopSe. 11 tlie LurreisL PlL>perLy is &uld ui 15 Used vulsiJe II1e yvi yvse) Ivi- wliiili tl)e 8￿-a11t Wa5 made Ithat bern8 SUPPOrt for hl8hly vulnerable people), the Charity is entltled to the ori8lnal grant or J4.J% ol the sale, whlcheker is 8reater. There li a new IE8al 38reetnent bctwccn the Charfty and Parégon Asra HousSng slgned In 2019,. and a charge has been placed on the propertv (Tltle nurnber MX134751. 8. All Weather Sports Pltch at Hampton Academy Funding of £375,000 wa5 provided to the local authorSty lor an all-weather sport5 Pltch lor the then Rectory School Hampton. The fundin8 is repayable il the covenants are broken within 60 year5. Updated Trust Deed dated 19 Au8U5t 2010. expiry date 30 April 2051. 9. Property at 26 The Green.Twl¢kenham Funding of EIOO,000 was provlded In 1997 to Rlchmond-Upon-Tharnes Welcare. later transferred to Southwark Diocesan Welcare. There is a charge on the property in favour of the Charity. If the property is s(Ad within 25 year5, the Charity is to receive five elevenths of the proceeds of the sale. 10. Unlte41 Retormed Churth, Harnpton Hill Grant award of £290,OIA) for cornmunity centre. A8reernent between the Charity and the United Reforrned Church (Southern Provlncel Trust Ltd dated 9 February 1996. The Agreement state5 that if the church ceases to occupy the building or It is no longer used for community use, the grant is to be repald, reducing £5,OCQ for each year that the community centre has been used by the church. Hampton Fuel Allotment Charity- Annual Report 30 June 2021 Page 38 of 55 HAMPTON FUELALLOTMENT CHARITY NOTES TO THE FINANCIALSTAfEMENTS Icontlnuedl for the year ended 30 June 2021 io. TANGIBLE FIXED ASSETS (Continued) ADD￿loNAL PROPERTY INTERESTS IContlnuÈdl 11. Metropolltan Water Board Club and Instltute, 3 Ashley Road, Hampton Grant awarded to Mètropolitin Water Board Club of E120.000 lor major refurb15hment work. If the owner closes andlor sells the property, the grant is to be repaid. Agreement d3ted 27 February 2006. There Is a char8e on the property dated 25 lune 2008 Sn favour of the Charity. ITitle Number SGL2225981 12. Twlckenham Rowlng Club A loan ol E50,000 was awarded in 2011, repayable over 10 years. The loan Is expected to be repaid by January 2022. There is a legal charge on the property in favtsur of thè Charlty, As at 30 June 2021, the amount outstanding is £S,(X)0130 lune 2020,, £10,000), ITltle Number TGL3507811 13, YMCA St. Paul's Group Iformerly YMCA London South Westl An Interest free loan of £34,200 was approved by the Trustees ID October 2015, to be repaid over 5 vears. The loan pald towards refurbSshln8 rhe flat at the Whlte House Communlty Centre. There Is slgned undertaklng to confirm the tlming and repayments to be made. The loan Is expected to be repald by June 2021. As at 30June 2021, the amount outstandln8 Is £Nil130June 2020.. £13,600). ii. FINANCIAL INVESTMENTS 2021 2020 Investment listed on a reco8nlsed 3to¢k exchan8e at market value.. Market value at I july Purchases at ¢¢st Sale proceeds Realised 8ains/llossesl on Investment5 Unrèalised gains1llossesl on investments 54,485,582 58,388,560 6,054,159 7,495,875 17,365.0151 16,991.2971 321,098 1638.1291 6,698,649 13,769,427> Market value at 30 June 60,194,473 54,485,582 At the balance sheet date, the market value of the portfollo comprlsed: UK investments Over5ea5 investments 57,218,854 51.309.278 2,975,619 3,176,304 60,194,473 54.485.S82 Hampton Fuel Allotment Charity- Annu31 Report 30 June 2021 Page 39 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTES TO THE FINANCIAL5TATEMENT5 Icontlnuedl for the yèar èndèd 30 Junè 2021 li. FINANCIAL INVEsfMENTS Icontlnuedl 2021 2020 At the balance Sheet date. the market value of the portfollo comprlsed.. Unlt trust funds Equities Money Market deposlts 35,968,646 32.387,002 23,947,549 21,820,302 278.278 278,278 60,194,473 $4,485,582 The hlstorlcal cost of Investments at the balance sheet date was £52,134,346 130 lune 2020.. £53.201,4341. Indlvldual holdings representln8 more than 5% of the market value of the portlollo at the balance Sheet date are as follows.. 2021 1020 Rathbone A¢Uve In¢ome & Growth Unlts- 23.024,822.21 units130June 2020.. 23.218,467.210 unltsl The CharStSes Property Fund Income UnSts- 2,174,707.21J units130June 2020.. ,160,116.564 unitsl 33,224,818 29,735,891 2,743.828 790,655 12. SOCIAL INVESTMENTS 2021 2020 Concesslonary loans.. Interest free loans 5,000 23,6 Included In Snterest free loans are amounts fallln8 due after more than one year ol ENil (30 June 2020.. £11,800). 13. DEBTOR5 2021 2020 Amounts fallln8 due withln one year.. Other debtors- Amounts due from RSchmond Parlsh Lands Charlty relating to thè oneRichmond Inltlatlve Prep8yment and accrued income 10,444 343,664 273,536 354,108 273,536 Hampton Fuel Allotment ChariiV- Annual Report 30 lune 2021 Page 40 of 55 HAMPTON FUELALLOTMENT CHARITY NOTES TO THE FINANCIAL5TATEMENTS (Continued) for the year ended 30 June 2021 14. CREDITORS 2021 2020 Amounts fallin8 due withln one year: Other creditors- Amounts owed to Rlchmond Parlsh Lands Charlty relatln8 to the oneRichmond initiative Soclal securlty and taxatSon Pension contributSons payable Accwals 10,0 4,494 1,761 772.512 4,291 3,592 689,238 788,767 697,121 Commltments The Trustee5 have authorised certaln 8rants and loans which a￿ Subject tts the reelpient fulfllllng specSfic conditions. The total amount authorised. but not accrued a5 expenditurè at 30 lunè 2021, was £34,CMJO130 June 2020.. £28,000]. Full details are 8lven In note 18. 15. THE FUNDS OF THE CHARITY Transfers beNeen funds l July 2020 Galns on In¢ome Expendlture Investment5 30 June 2021 Endowment Funds: Permanent Endowment Fund Unapplied Total Return Fund 47,506,429 1,181.105 48,687,534 558,094 1,555,282 185,0901 6,112,796 13,881,1051 4.259.977 48.064,523 1,555,282 185,0901 6,112,796 12,700,000) 52,947,511 Restrlcted Income Funds oneRichmond Initiative Fund 104,100 1104,1001 Unrestrltted Income Funds: General Fund 8,637,735 285,167 12,686,119) 90S.951 2,700,LKJO 9,843,734 56,702,258 1,944,549 12.875,3091 7,019,747 62,791,245 Hamptgn Fuèl Allotment Charity- Annual Report 30 lune 2021 Pa&e 41 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTESTO THE FINANCIAL STATEMENTS Icontinuèdl tor the year ended 30 June 2021 15. THE FUNDS OF THE CFK4RITY IContinuÈdl The Permanent Endowment Fund was established in 1988 when the Charity disposed of the freehold land granted following the L811 Enclosure Act. As a permanent endowment fund, the assets cannot be directly applied to cover charit3ble expenditure, but Income derived therefrom can be treated as unrestricted at the dlscretion of the Trustees and can then be used in accordance wlth the charltable objects. Under the powers 8rènted to them by sectlon 104AI21 of the Charlties Act 2011, the Trustees have adopted a Total Return approach to the management of thè Permanent Endowment Fund. Included wlthln the Permanent Endowment Fund are net unrealised gains arising on the revaluatlon of Investments totalllng £6,519.331130 June 2020.. £1,118,198). The Unapplied Total Return Fund comprSses that part ol the total retum on the Charlty's permanent éndowment Investments which has not yet been allocated by the Trustees to either the General Fund or the Permanent Endowment Fund. It can be carrled forward if not needed or allocated to be spent as income or reinvested ID the Perrnanent Endowment Fund in a partlcular year. Included withln the Unapplied Total Retum Fund are net unrealised 8ains arisin8 on the revaluation of Investments tot311in8 £371,397130 lune 2020.. £Nill. The oneRlchmond Inltiatlve Fund was set-up durlng the year t¢ a¢tount for the specific fundlng rècèived lor this prolect, includin8 a NatSonal lottery Grant. Relevant expencjiture is applied to thls fund as incurred. The General Fund comprlses those funds whlch the Trustees are free to use in accordance wlth the ch3rltable objertives. Included withln the General Fund are net unrealised 8ain5 arlsin8 cn the rcvaluatlon ol Invc:tmcnt: totallln6 £1,169,399130Junc 1020.. £165,9501. For the year ended 30 lune 2021, the Trustees took the declslon to transfer £1,181,10512019120.' £306.2111 from the Unapplied Total Retum Fund to the Permanent Endowment Fund, and to transfèr £2,700,00012019120.. £2,200,OC4JI from the Unapplied Total Return Fund to the General Fund. Hampton Fuel Allotment Charity- Annual Report 30 June 2021 Paeè 42 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 30 June 2021 15. THE FUNDS OF THE CHARITY (Continuèd) Translers Translers between funds l July 2019 Losses on Incorne Expendlture Investments 30 June 2020 Endowment Funds: Permanent Endowment Fund Unapplled Total Return Fund 47,2CQ,218 306,211 47,506,429 5,308,428 1,655,959 178,2901 13.821,7921 12.506.211) 5S8,094 52.508,646 1,655.959 178.2901 13.821,7921 I2,2￿,000) 48,064,523 Unrestrlcted Inome Funds: General Fund 9,071,661 289.959 12,338,121> 1585,7641 2.200,CIXI 8,637,735 61,580,307 1,945.918 12,416,411) 14,407,556) 56,702,258 Hampton Fuel AllOtm￿t Charfty-Annual Report 30 lune 2021 Page 43 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 30 June 2021 16. GRANfs AWARDED IN THE YEAR 2021 Advlce. Advocacyand Outreach RICHMOND CITIZENS ADVICE BUREAU SERVICE Towards salarSes and runnln8 costs for 6 rnonths (Novémber 2020 to April 20211. 30,OCKJ RICHMOND ADVICE & INFORMATION ON DISABILITh IRAIDI Contrlbutlon toward5 salary costs for the Money AdvSce prolectto support beneflclarles In the Hampton Fund area. 24,( RICHMOND CITIZENS ADVICE BUREAU SERVICE 60,LN)O Tgw4rds salarles and runnln8 Costs. TW MONEY ADVICE SERVICE ITWMASI Contribution towards salarie5 and associated costs of debt adwce staff. 8,500 RICHMOND ADVICE & INFORMATION ON DISABILITh IRAIDI Contribution towards advice project run by RAID and CAR to suppart famllies Sn crisis due to COVID-19. 34,iX)O Total Awarded for Advlce, Advocacy and OutiÈa¢h 156,500 Arts, Sports and RecrÈatlon ORANGE TREE THEATRE Contribution towards the costs of the Communlty outreach pro8ramme for young people. adults, and older people wlth dementia. 6,0 Totsl Awarded for Arts, Sports and Recreatlon 6,(M)O Carers RICHMOND CARERS CENTRE Salary and associated costs for part-time adult tarers SUPPOrt worker. 34,300 RICI IMOND UPON TI IAMlts CROJJROADJ CARC Contribution towards cost5 of providing respltè care1£23,0￿) and Saturday Club1£15,0001. JB.000 5T. AUGUSTINE'S COMMUNITY CARE TRUST IHOMELINKI Towards the salary and associated costs for the full-time post of Carer Support Co-ordinator. 3S,000 Hampton Fuel ￿lOtment Charity- Annual Report 30 June 2021 Page 44 of 55 HAMPTON FUELALLOTMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS {Continuedl for the year ended 30 June 2021 16. GRANTS AWARDED IN THE YEAR (Continued) 2021 RICHMOND CARERS CENTRE Contribution towards the cost of the Achievin8 Ambitions Pro8ramme for 10 young carers in the Hampton Fund area of benefit. 2.￿0 RICHMOND UPON THAMES CROSSFIOADS CARE Contributlon ttswards the costs of runnlng the Carers Cafè In Hampton Hlll supportlng up to 60 people In the Hampton Fund area of benellt. 5,000 RICHMONO UPON THAMES CROSSROADS CARE Contributlon towards the runnlng cost5 of the Men Who Care/Dad5 Who Care prolect. io,(xJo RICHMOND UPON THAMES CROSSROADS CARE Addltional contributlon toward5 re5pSte care for benef5clarie5 sn the Hampton Fund area of beneflt. 30,CKJO RICHMOND CAREAS CENTRE Interim fundiri8 lor a part-time Adult Carer support worker. 4,300 Total Awardèd lor Carers 159,100 ChSldren and Young People HOME-STARTRICHMOND, KINGSTON AND HOUSLOW Contribution towards salar5es and assoclated tosts of 2 Famlly Support Co-ordlnator5. 35,WO RICHMOND MUSIC TRUST Contrlbution towards bursary scheme for music tultSon for about 100 chlldren and youn8 people in the Harnpton Fund area of beneflt. 25,CX)O MTV YOUTH HAMPTON Contrlbution towards salary and a5sociateil costs of Lead Youth Worker, Chlldren's worker and adrnlnlstrative support. 24,Cl)O PCC 5T. RICHARY5 CHURCH. HANWORTH Contributlon towards the salary costs of the part-tSme Chlldren's and Famille5' Worker. KICK LONDON Towaids the costs of SolutlOn5 Focused MEntorin8 1 day-a-week in St. Stephens School and I day-a-week at Twickenham School to benefit up to 20 young people in the Hampton Fund area ol benefit. 16,8C4) Hampton Fuel Allotment Charlty- Annual Report 30June 2021 Pa8e 45 of 55 HAMPTON FUELALLOTMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl for the ye3r ended 30 June 2021 16. GRANTSAWARDED IN THE YEAR Icontlnuedl 2021 MID MEDIATION AND COUNSELLING LTD Contribution toward5 Costs of FamSly Brid8es se5slons for famllles wlth children in the Harnpton Fund area of benefit. 3,500 RIVERBANK TRUST Contribution towards outreach work with vulnerable familie5 in the Whitton area and development of work in Hampton. 7,5CN) LVA TRUST Contrlbution towards salary costs for work In Hampton HIBh, Twlckenham School and outreath In the Hampton Fund area of beneflt. 28,CK)O MAN&BOY Contribution towards actlvltles and a resSdentlal camp for at risk famllies. 6,(MJO VOICES OF HOPE Contribution towards the Brite Box food prolect for children and lamllles In the Hampton Fund area tsl benellt. io,oxJo ADIID RICIIMOND & KINGSTON Contributlon tgwards the salary costs of the Operations Manager. 10,000 MID MEDIATION AND COUNSELLING LTD Contributlon towards counselllng sessSons for chlldren Sn the Hampton Fund area of bèneflt. s,ooJ Total Awarded for Chlldren and Youni People 174,800 Communlty Actlvltles HAMPTON & HAMPTON HILLVOLUNTARY CARE GROUP Contribution towards salarles and core costs. 40,200 LINDEN HALL COMMUNITY CENTRE LTD Contribution towards salary and assoclated costs of the Setvlce Development Mana8er. 22,500 RICIIMOND AND KINGVJTON Acc￿UlDLI TRANVJPORT IRAKATI Contribution towards salary costs for key staff to provlde Community Transport services for beneficiaries in the Hampton Fund area ol benefit. THE VINEYARD COMMUNITY CENTRE Contribution to the salary ol the Head ol Care SeNlces. 23.OLK) Hampton Fuel Allotment Charity-Annual Report 30 June 2021 Page 46 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS (Continued) for the year ended 30 JunÈ 2021 16. GRANTS AWARDED IN THE YEAR Icontlnuedl 2021 CHURCHES TOGETHER IN TEDDINGTON Contribution towards a Chri5trnas Oay lunch and activitles forvulnerable people. 9CKJ EAsfTWICKENHAM NEIGHBOURHOOD ASSOCIATION IETNAI COMMUNITY CENTRE 10,000 Contribution towards the costs of creating a Sen50ry Garden for comrnunity use. Total Awarded for Commvnlty Actlvliles 109.100 Dlsablllty THE PEOPLE HIVE Contrtbution towards salarles and core costs. 30.000 SKYLARK5 Contribution towards the salary of the Development Mana8er to support the work of the eharlty and toward5 core tosts. 25,000 RICHMOND MENCAP Contribution towards weekend day trSp5 for chIld￿n and young people wlth specSal educational needs and disabilities l88ed 8 to 171, with the aim ol improvSn8 confldence and Independence. 11,800 INTEGRATED NEUROLOGICAL SERVICES Contrlbutlon towards salaries and as50tiated tosts of the Rehabllitatlon Team 16 moDth51. 13,000 RICHMOND USERS INDEPENDENT LIVING SCHEME IRUILS Towards the salary and on-costs for the two Famlly Matters parent 5UPPQrt worker5. 28,000 RICHMOND MENCAP Contribution towards the Hollday Opportunltles programme for youn8 people with learnSn8 dlsabllities. 12,000 RICHMOND MENCAP ContributSon towards tore costs including Salary cost5 and runnSng costs. 20.000 INTEGRATED NEUROLOGICAL SERVICES Contribution towards salary costs and running costs of thè Rehabilltatlon Team 112 monihsl. 26,000 RICHMOND ADVICE & INFORMTION ON DISABILITY (RAID Contribution towards Core salary costs for the CEO and Finance Officer. 30,CX)O ampton Fuel Allotment Charity-Annual Report 30 June 2021 Pa8e 47 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTE5 TO THE FINANCIAL STATEMENTS Icontlnuedl for thÈ yèar ènded 30 June 2021 16. GRA￿s AWARDED IN THE YEAR Icontlnuedl 2021 RICHMOND USERS INDEPENDENT LIVING SCHEME IAUILSI Towards salary costs for a SEND advlsor supporting up to 129 famllSes In the Hampton Fund area of benefit. 30,LX)O TAG YOUTH CLUB FOR DISABLED YOUNG PEOPLE Contributlon towards the costs ol a minibus. Matrhed fundln8 from the Vlctorla Foundatlon. 20,(J)O BEAUTIFULLY MADE FOUNDATION Supporting 2 trainees to work 12 hours-a-week each over a yeaT. providing workshops for 30 disabled people and workshops for members ol the public. 10,900 THE PEOPLE HIVE Towards additional r.osts Incurrpd dup to covir)-19. 10,000 HORSE RANGERS ASSOCIATION (HAMPTON COURTI LTD Contributlon towards the costs ol providin8 riding lessons and experiences to youn8 people wlth disabllities and young people from low Income famllles. 9,rKIo TAG YOUTH CLUB FOR DISABLED YOUNG PEOPLE Contrlbutlon towarijs the running costs of the lunlor and youth clubs for young people wlth dlsabllitles and a contrlbutlon towards the runnln8 Costs of the nebb 51blin85 8roup. 10,000 MIDDLESEX ASSOCIATION FOR THE BLIND Contributlon towards salary costs of the Co-ordlnator of the Horne W51tin8 SUPPOrt servlce for people who are bllnd or v5sually 5mpalred livln8 In the Hampton Fund rea of beneflt. 9,5()J Total Awarded lor D150b11￿1 295.200 Educatlon LEARN ENGLISH AT HOME Towards the l..1 remote ESOL support service and homè-based tultlon, ESOL Co-ordinator support for volunteers and the recruitment and training of new valunteers. 15,CA)O OK MUSIC TRUST Music School tuition for 25 children and youn8 people in the Hampton Fund area of beneflt. IS,￿) RICHMOND EAL FRIENDSHIP GROUP CENTRE LTD Towards the costs of ESOL language classes and exerc15e sesslons for 28 women In the Hèmpttsn Fund area of benefit. 7,SC Hampton Fuel Allotment Charity- Annual Report 30 June 2021 Page 48 of $5 HAMPTON FUEL ALLOTMENT CHARITY NOTE5 TO THE FINANCIAL STATEMENTS Icontlnuedl for the year ended 30 June 2021 16. GRANTS AWARDED IN THE YEAR Icontlnuedl 2021 ORANGE TREE THEATRE Contribution toward5 the costs Of the Education outreach programme in primary and secondary schools in the Hampton Fund area of benefit. 12,CMXI LEARN ENGLISH AT HOME Contrlbutlon to Co-ordinatorfs salary and runnln8 Costs for the Whltton ESOL programme to support 12 women In the klampton Fund area of benefit. Total Award￿ for Edutatlon 57,OLK) Health and Wellbeln8 ADDicfioN SUPPORT AND CARE AGENCY IASCAI Contribudon towards the salary and assoclated costs of the 5ervlce Mana8er post. 12,300 SOUTH WEST LONDON STROKE CLUB- MOVING ON Contrlbution towards the salary and associated costs 01 the Stroke Club Manager. THE MULBERRY CENTRE Contribution towards salary costs of key staff to provide servlces for beneflclades from the Hampton Fund area of benefit. 30,oC￿) RICHMOND 80ROUGH MIND Contributlon towards the salary costs for the PeerGroup Network and Volunteerlng tts-ordinètlon. 40,6(KJ ADDICTION SUPPORT AND CARE AGENCY IASCAI Towards the costs of a new roof. Matched fundin8 from the Rlchmond Parlsh Lands Chartty IRPLCI. 7,8(Kl RICHMOND BOROUGH MIND Contribution towards the costs of worklng wSth 10 schools In the Hampton Fund area of benefit to provide assemblies and work5hop5 Oll the theme ol counterirng the effects of living through the COVID-19 pandemic and developing resilience building tools. 10,500 THE REAL JUNK FOOD PROJECT IT￿FPl Contrlbutlon towards staffing costs foi pop-up cafe 5esslon5 3 per week at the ETNA Centre and 2 perweek at Greenwood Centre. support lor fresh food distribution to foodbanks and fresh food care packa8e5 for vulnerable individuals. 17,000 Hampton Fuel Allotment Charlty- Annual Report 30 June 2021 Pa8e 49 of 55 HAMPTON FUELALLOTMENT CHARITY NOTES TO THE FINANCIALSTATEMENTS Icontlnued) for the year ended 30 June 2021 16. GRANTSAWARDED IN YHE YEAR Icontlnuedl 2021 ART & SOLIL Contribution towards the Costs ol art workshop pro8rammes for adults, children and youn8 people. 9.000 EM8RACING AGE Contributlon towards the salary costs of the part-tlme Volunteer Co-ordinator and DSrector. B,OCA) RIVER THAMES BOAT PROJEcr Towards the c05t5 of runnlng 10 therapèutlt crulses for groups from the Hampton Fund area of benefit. 4,800 PRINCESS ALICE HOSPICE Contribution tOW3rd5 the Enhanced Support servlce for termlnally ill patlents and thelr famllles in the Harnpton Fund area ol benefit. 30,000 RICPIMOND ADVICE & INFORMATION ON DISABILITY IRAIDI Contrlbutlon toward5 the salary of the CounsellIn￿ Servlce Co-ordlnator. 10.000 CROSSWAY PREGNANCY CRISIS CENTRE Contrtbutlon towards the salary costs of the Centre Dlrector. Totsl Awarded for Health and Wellbeln¥ 195.500 Houslng and Homelessness SPEAR HOUSING ASSOCIATION LTD Towards two stall salarles and assoclated costs to support the Skllls Development Programme and Volunteerfng at Spear. 45,CX)O SPEAR HOUSING ASSOCIATION LTD Toward5 Staff and as50ciateé costs in runnin8 Spear house supporting people In transition who have beèn homeless. 5,00) Total Awardèd for Housln6 and Homelessness 50A) Hampton Fuel Allotment Challty- Annual Report 30 June 2021 P￿e 50 of 55 HAMPYON FUEL ALLOTMENT CHARITY NOTES TO THE FINANCIALSTATEMENfs {Contlnuedl for the year ended 30 June 2021 16. GRANTS AWARDED IN THE YEAR Icontlnuedl 2021 Older People WHITON N￿WoRK Contrlbutlon towards salary and associated costs of a part-tsme Co-ordinator p05t. ELLERAY COMMUNITY ASSOCIATION Contribution towards the salary and as50Clated costs of the Activities and Volunteer Co-ordinator. 23,700 AGE UK RICHMOND UPON THAMES ContributSon towards two part-tlme salarles and a5S0Clated costs to provide Advice Extra casèwork over 5 worklng days, to beneflt around 240 older, vulnerable people. 36,200 AGE UK RICHMOND UPON THAMES Contrlbutlon towards salar5es and runnln8 Costs for the Inlormatlon & Advlce servlces over 8 rnonths. 24,CNJO AGE UK RICHMOND UPON THAMES Contributlon toward5 the cost5 of the Handyperson SeNlce subsldlsln8 the cost for elderly re51dents in the Hampton Fund area of beneflt. 15,CNJO OK MUSICTRU5T Muslc theripy sesslons for older petsple wlth dernent5a. AGE UK RICHMOND UPON THAMES Contrlbutlon toward5 the'MANaglng yO￿r Spare Tirne, Project* promotln8 actlvltles for older men to reduce i501ation and encoura8e acce55 to public/comrnunlty services. 20,CK)O Total Awarded for Older People 131,400 Other SPACE2GRIEVE Bereavement servlce to support people In the Hampton Fund area of beneflt- the grant coverlng the part-time Service manager's salary and contributing toward5 runnlng costs. 20,OJO Total Awarded lor oihèr 20,OCh) Hampton Fuel Allotment O)arity- Annual Report 30 June 2021 Page 51 of 55 HAMPTON FUELALLOTMENT CHARITY NOTE5 TO THE FINANCIALSTATEMENTS Icontlnuedl for the ye3r ended 30 June Z021 i?. oneRlchmond GRANTS AWARDÉD IN THE YEAR 2021 AcfioN-ATTAINMENT CIC Project to support 54 young people to re-en8age wlth sports sesslons and provlde flexible rnentorlng and specialist support for 20 partScipants to start attending these sports sessions. All p3rticipants have life-long needs related to hidden neurodiverslty. 8,900 AcfivATE WELLBEING HUB Outreach and fitness and mentoring prolect to engage wlth young people who do not have the resources or confidence to join other activlties. The project will utilise the 'Mindful Ninja, minéfulne5s and emotional well-being ¢¢achSng programme. OS SPORTS CLUB 6-month 'Out the Mud, football and rnentoring pro8ramme124 sess5onsl for up to 50 vulnerable youn8 people. 9,800 GRAS5 ROOTS FOREST SCHOOL 12-week project lor 14 students KS3 & KS4 from pupll referral unit to engage them In thelr communlty throu8h nature and environmental projects enhancing thelr well.bein8 and mental health. iO,OCK) HORSE RANGERS ASSOCIATION IHAMPTON COURTI LTD Sbppoit for. G youii8 people to partlcipate iii the S￿ppOrtIng Famllie5 ridlng programme frgm April to SEPternber 2021. KICK LONDON Solution5 Focused Mentodn8 provlslon for 20 puplls at Chrlsl's School and 20 pup115 t Tèddlngton School. 7,500 L￿'s GO OUTSIDEAND LEARN A nature-based so¢ial a¢tlon prolect for up to 20 young people uslng local park5, 7,4 MTV YOUTPI HAMPTON Peer Mentoring tralning for young people who have been Identlfleé as young leaders. Once trained, the Peer Mentor5 will support other young people to help them Improve thelr confidence and emotlonal well-belng. 5,500 MULTICULTU114L RICHMOND Home tutorin8 for vulnerable students. 8-week course of I hour per week. Llp tD 9 students acrosq the borough. 2,3(M) OFFThE RECORD ITWICKENHAMI For increased capacity in providin8 a dedScated support helpline for youn8 people and thelr carers to complement the current Crisi5 counsèllin8 support offered. 4,8C Harnpton Fuel Allotment Charity- Annual Report 30 June 2021 Pagè 52 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTE5 TO THE FINANCIAL STATEMENTS Icontlnuedl for the year ended 30 June 20ZI 17. oneRlchmond GRANTS AWAROED IN THE YEAR Icontlnuedl 2021 OK MUSIC TRUST Runnin8 Costs of the Club OK whlch provldes online muslc therapy and art 8roups of young people aged 13-25 who have learnin8 or other disabilities and who are feeling 1501ated due to the pandemic, in order to irnprove their mental well-bein8. 6,2ts) SKYL4RKS To provide 4 S-week resillence courses to benellt 16 young people w5th a learnIn￿phYSICal dlsablllty, improvin8 self-confldence and resilience. 3,2( TAG YOUTH CLUB FOR DISABLED YOUNG PEOPLE Contrlbutlon towards a short-breaks and day trlp5 prtygramme for young people wSth addltlonal needs and young carers. Also, weekly Parkour sesslons foryoung tarers and young people wlth addltlonal needs. 10,000 TFIE WILD MIND PROJECT A well-being pro8ramrne to support 30 youn8 members ol the LG8Ta comrnunlty, through outdoor environmental and art activIt￿P5. ART & SOUL 'A Bl88er Picture, project. Creatlve workshops to support children and young people's mental health and well-bein8. 9,9( Yotal Awarded 104,100 18. GRANT AND LOAN COMMITMENTS Outstandln8 Payable Outstandln8 at 30 June durlng at 30 June 2020 Unspent the year 2021 Grant5 awarded In prlor years.. Off The Record (Twickenhaml TwSckenham Sea Cadets 23.LYJO 5,000 123,0001 15,0001 28.000 128,0001 Awarded durln8 the yÈar ended 30 lune 2021 Grants awarded In the cuwrent year: Richmond Advice & Information on Disability IRAIDI 34,0(X) 34,ClXJ Total grantsoutstandln8 at 30 June 2021 34,OC¥) Outstanding grant payments are sublect to terrns and condltlons that have not yet been met. Hampton Fuel Allotment Charity-Annual Report 30 June 2021 Page 53 of 55 HAMPTON FUEL ALLOTMENTCHARITY NOTES TO THE FINANCIAL STATEMENTS IContinuÈdl for the year ended 30 lune 2021 19. RELATED PARTY TRANSACTIONS All the Charity's Trustees are drawn from the London Borough of Rlchmond upon Thames or will have strong connectlon to the Borou8h, Many are very active in the comrnunity and brlng valuable knowledge ènd inlomatlon to the Charlty's declslon-makin8. When the possibility of awarding a grant to an organisation with which they or their family are connected Is being £onsldered, the Trustee concerned declares an interest and il present at the meeting. will leave the room before any discussion takes place and a final decision Is made. With Covid-19 and the necesslty for meetings to take place via video conferencing. the princlples remain the same.. Trustees are extluded from the video tonlerence and once the item has been d5scussed and a decision made, the Trustee 15 able to return to the mèèting. During the year, the Trusteès awarded the followlng 7 grants totallln8 £208,50012019120.. 4 grants totallin8 £104,500) of which the followin8 Trustèe or close lam51y. may be regarded as a related party,, Cltlzens Advlcè Bur0￿ SÈThlt• Adele Klmber (Volunteer at the CA81. Adele K5mber became a Trustee in Novernbei 2020 lollowln the award of the 1Srst rant to the CA8 dur5n the financial ear. 60,￿0 LVA Trust Geraldine Locke is a Member ol the Rlcbmond West Schoo15 Trust thot will use the services o the L VA Trust ilen Lovell 15 0 Irustee oj Ml V Youth Hompton thot hos been working closely with LVA frust 28,WO MTVYouth Hampton Ben Lovell (Trustef of MTV Youth Hompton 24,000 The Mulbèrry Centre Dovid Meggitt ITrustee ot The Mulberry Centrel 30.000 RUIIS RUILS Dovid Me oitt {Portner is o volunteer at RUILSI 28,000 30,INJO TW Money Advlce Servlce MG¢rtin Du (rrustee ot Twmone 8,5CX) Advice Service) Total 208.500 Hampton Fuel Allotment Charity- Annual Report 30 June 2021 Page $4 of 55 HAMPTON FUEL ALLOTMENT CHARITY NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl for the year ended 30 June 2021 20. RECONCILIATION OF NET INCOMEIIEXPENDITUREI TO NET CASH FLOW FROM OPEIiATINS ACTlVtriES 2021 2020 INCOMEIIEXPENDITUREI FOR THE REPORTING PERIOD 6,088,987 14,878,049) Adjustments for.. Dividends, interest, and rents from Investments Net Igalnsl/losses on Investments Oepreciation thargès Ilncreaselldecrease in debtors Increase/ldecreasel in creditors 11,785,283> 11,912,388) 17.oig,7471 4,407,556 14.948 15,795 111,7621 14,966 91,646 124,5191 NET CASH USED IN OPERATING ACTIVITIES 12.621,2091 12,376.6391 21. ANALYSIS OF CHANGES IN NET FUNDS At l July 2020 Ca5hflows At 30 lune 2021 Cash at bank and In hand 1.412,033 422,288 1,834,321 NETFUNDS 1,412,033 422,288 1,834,321 22. FINANCIAL INSTRUMENTS 2020 Carrylng arnount ol flnancial a5set5'. Equlty Instruments measured at lalr value 60,194,473 54,485,582 Hampton Fuel Allotment Charlty-Annual Report 30June 2021 **Page 55 of 55** ## **HAMPTON FUEL ALLOTMENT CHARITY** **FINANCIAL STATEMENTS for the year ended 30 June 2021** ## **ACCOUNTANT'S REPORT TO THE BOARD OF TRUSTEES OF HAMPTON FUEL ALLOTMENT CHARITY ON THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021** In order to assist you to fulfil your duties under Charities Act 2011 and regulations thereunder, we prepared for your approval the financial statements of Hampton Fuel Allotment Charity which comprise the Statements of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes as set out on pages 19 to 46 in accordance with the financial reporting framework set out therein from the Charity's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www. icaew .com/ en/me m bers/regu lations-standa rds-and-gu i da nee. This report is made solely to the Board of Trustees of Hampton Fuel Allotment Charity, as a body, in accordance with the terms of our engagement letter dated 21 May 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Hampton Fuel Allotment Charity and state those matters that we have agreed to state to you in accordance with ICAEW Technical Release 08/16 AAF as detailed at icaew.com/compilation. This report should not therefore be regarded as suitable to be used or relied on by any other party wishing to acquire any rights against RSM UK Tax and Accounting Limited for any purpose or in any context. Any party other than the Board of Trustees, which obtains access to this report or a copy and chooses to rely on this report (or any part of it) will do so at its own risk. To the fullest extent permitted by law, RSM UK Tax and Accounting Limited will accept no responsibility or liability in respect of this report to any other party **"' .... ..J ... 1..OIIU .:,11011 IIUL UC: IIOUIC IUI .-.11 ..., + I,. ,.. J;...,L,..I,... + ..... 011y 1v::,... ,. 1,..,..,.. :,, '-A011106"C:; U\ ,.J o,vo-,no,... ",,.. i.::;A.tJC:11,:H** _**...,.'V,...,...,...r,...**_ **:: VI \IWIIC,11.JUl...,V'-,I IIU'-\.41\.. VVlll ..... 11 IJ ..... ,.u .... .J\,..U "'Y ....n+ ,.,h -,-f-rnn,,n,,.. n...,-f-11i,-n u,hirh ir r':'I IC"0,4 h,, -:sn\l norcnn. ,, ,., ..... ,_,..., . _, 1 c** reliance on representations in this report. It is your duty to ensure that Hampton Fuel Allotment Charity has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position, and net movement in funds of Hampton Fuel Allotment Charity under the Charities Act 2011 and regulations thereunder. We have not been instructed to carry out an audit or a review of the financial statements of Hampton Fuel Allotment Charity. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements. RSM UK Tax and Accounting Limited Chartered Accountants Third rloor, One London Square Cross Lanes Guildford Surrey GUl lUN Date: 16 February 2022 Hampton Fuel Allotment Charity -Annual Report 30 June 2021