Charmy r•glstratk+n numbgr 214322
HOMELANDS CHARITABLE TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

HOMELANDS CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
S•ttlor#
H.F. Curry Idoc'd.}
Miss Elizabeth Cury Idac'd.I
Mlss Fred8 Curry I¢￿,￿.)
Rev. Clrfford Curry (dec'dl
Rev. cirfford Cury. BSC. {Hons.I
N J Armstrong. FCA
RJCurry
E Maguire
-oppolnted by t1egd 19th June 1990
- appointgd by deed 23rd Sep 1994
- appointed by deed 6th Aprll 2006
- 8ppoH)ted by de$d 16th Feb 2018
Charlty numb•r
214322
Prln¢lpal addre•¥
Manfield House
1 Southampton Street
London
WC2R OLR
Audltor
Bennewtth 2018 Lld
Ynoi Hous0
3 Wey C¢)urt
Mary Road
Guildford
Surrey GU14QU
A¢¢ountant8 and Admlnlstrators
Alliolts LLP
ManfiÈld House
1 Southampton Strèèt
London
WC2R OLR
Bankers
Bank of Scolland
600 Gorgie Road
Edinburgh
EH11 3XP
In￿StMent advtsofs
Investec Wealth and Investment Lwnited
30 Grèsham Slroot
London
EC2V 7QN

HOMELANDS CHARITABLE TRUST
CONTENTS
Page
Tru$leos' report
Independent audfrtorfs report
Statement of financial actNitie3
Balancè sheet
10
Notos to the accounts

HOMELANDS CHARITABLE TRUST
TRUSTEES, REPORT
FOR THE YEAR ENDED 5 APRIL 2023
Th$ trustees presènt their report arKI accounts for the year ended 5Apnl 2023.
The Homelands Charitabb Trust was ¢wat8d by deed dated 1slApril 1962 by'.-
Mr Henry Fr8derick Cury (Dee'd.)
Miss Elvzaboth Curry (Dec'd.
Miss Freda Curry IDe¢'d.I
Rev. Clrftord Curry IDec'd.I
Further fvnds wèrè s8tUed by Mr Edward Curry in 1993 and from th& Estat¢$ of Miss ￿1Zabeth Cury In 1998 and
Mlss Freda Curry In 20￿, 2001 and 2¢X)2.
It was registered with th8 Charity Commlsslon Ireglstralion No. 2143221 on 2nh December 1962 as a charity
whose main objective was Ihe general supwl of Charitab￿ Insfjtudons. with 8ped81 ragard towards the General
Conferen¢e oflhe New Church.
Tho financial slaiements have been prepared in at￿r￿an￿ wllh the 8¢¢0unling poliags s¢1 out In note 1 to th?
financial statements and comply with the charivs govtrming document, Ihg Charities Act 2011 and 'Accounting
8nd Reporting by Charities= Stalernent ol Recommended Practi￿ applicable lo charities preparing their account
in occordance with the Financial Reportin9 Standard applieabt8 in the UK and Republic of Ireland IFRS 1021. la5
amended for accountin9 period5 comfflon¢lng from 1 January 2016}.
Objgcti¥•s •nd adivltl•8
Th• oblectives of thg charity this y88r have again been to support a range of genèral charitable c8U$èS. together
th spècial emphasis towards contributions to tho General Conference of thg Church. Mèdical Research,
Care 8nd Protection of Chikjren and Hospices. This is 8chievod by way of a variety ol donations to ¢ho￿ties.
which vary from y6ar to year. such don8ti0ns trjoing dislribulgd by the accounlants.
The tnjstees have adopted where gppropri818 andlor praclubb the Hallmarks of an Effèetivè Charity i83Lwd by
the Ch8rity CorTMnlssion ICC601.
The inveslmont portlolio Is managèd to mainlaln capital and income in roal terms to pro￿￿0 for donation8 to
registered tharitias. As donations ar8 made only to règlstered charitie$ it Is considered that the rècipients have
primary responsibillty for impa¢t and outcomes. HOWe￿r, all reciplenl d)aribe$ are reviewèd at 18asl annually
and vlsits mad8 whère posslble lo ensurg POt8nlial is m8xlmis8d.
The original charTty trustees were apKx)inted by trust deed dat￿ 1st April 1982. There is al present one
professional trustee adminislralion and accounting ￿Nbee$ outsourced. Reverend Cllfford Curry was
appoint8d on 19th JUM 1990. NJ Armstrong, F.C.A. was appointèd on 23rd Sèptember 1994, R J Cury was
appo￿ted on 6 Aprll 2006 and E Maguirt was appointed on 16 Fèbruary 2018. The clerical trustee also advises
on ecclesiasfjcol and S￿la1 malt8rs thus providin9 both sound govemance and flexibility.
The Iruste&s consldeT that thg present stwcturs and policies enabkn It to achieve its aims In an effic5enl m8nngr
which is transparent and understandable.
Tho tru$tees have pald due regatd lo guidancg Issued by the Charfty Commissbn in d8CMling what ?¢ts"vities the
charity should und8rtake.
FJnanGlal reviow
The charitys Incoming re8our¢8s duriThJ the yo8r wgre £218.62012022.. £169.161}.
After m8klng d¢)nattDn8 of £338,000 12022.. £372,000). tho totsl gxpenditure amounted to £405,175 12022..
£439,899). Including loss on invosknent assets of £630,901 12022.. gain £497.424}. th$ net movement In fvnds
for the year shows an decrèasè of £817,456 f2022: int￿ase £226.6861.
Total funds al tho yaar end amountsd to £8.767,51012022'. £9,584,966).
The trustees are o)nfkJent that Ihg finon¢ial base ol the charity Is suffiriertt to provide a firm fwnd8Uon for fLAur
activlt*s.

HOMELANDS CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
Tha charity uts'lises its funds lo awafd grants to other charitable organi$8b"ons. The knvel of resour¢tss held has
bean such BS to enablg lutyre grant awards to b¥ m•1 and to enable sufficignt iM)me and capital growth to be
generated so that re5erve8 would not be depletèd by any future grants awariJe(l in 8xc8ss of income generatsd.
Inv•stm•nt Pollcy
The charity hold5 Investments wilh a market value of £8.6 million. Th& obleotives are lo achievè a balanced
retum from income *)d ¢apOlal growth sufficient to fund the grants gwen. whust maintsining the value of the fund
in rèal tèms.
The￿ aw Instructions lo thè Inv8stmenl advisors to have regard to any srrtitl¢ ethlcal, envlronmentsl or
social consfjdemlons when decidlng investment strategy.
There are no résffietions other than no dSrect Investnient in armaments or tobacco.
Rg$•r¥os Pollcy
Th8 charity utilises its fun(ts to award grants to other ¢harKable organisation$. The level of Tesource5 hgld has
been su¢h as to enable luture gront awards to be rnet and to enable suffi¢ient irwme and capital growth to b8
geneT*ed 80 that reseryes would not bo depfeted by any fubJr8 grants awarded in ex¢egs of income sen?ratgd.
Opgratlonal a$istanc•
The major risks to whlch the trust Is exposed. as Sdontrfl8d by tho Trustees. have be•n revwad and systems
hava been established where appropriate to mitigata those risks.
Futur• Pl•n$ & Cornmltments
The Trustsès intend to continue supporting registered charities with a blas lowards:_
lil Ge￿ra1 Conferonca of the New Chureh
lill Medical Resèareh
liiil Care and Prolgolion of Children
livl Hospices induding those for children
Thè Trustees intend to ¢onUnue their policy of maxlmum dlstribLrt*Th of availablo lunds.
As far as th8 TnJsteey are 8ware. thgre is no rèlevant audit infomiatffi of whlch the charity's audito￿ ara
unawar8.
Each Tnjstee ha8 laken all steps thèy ought to have taken gs 8 trust80 lo ￿kO Ihgms•l￿s aware of any
relevanl audit miftsma￿On and to establish that the charity's auditors ale aware of that infomatlon.

HOMELANDS CHARITABLE TRUST
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR EhlDED 5 APRIL 2023
Structure. governan¢• and management
The trustee5 who served during the yèar and up to the date of slgnature of the financl818tstém8nts were:
Rev. C Curry, Bsc. (Hons.)
N J ArmstruwJ
RJCurry
E Magulre
The current Irusteej. shown on the legal and administralva page, have power of appolntment.
Iden￿"ll￿Ati0n of new trusts8$ is carried out by the CUTrent trustees. ihe aim being to rewmmènd for
appointment any person with suitabla experience and expe￿"$8. A curr8nt trustse will 8ppris8 any ITu8tee of
hislher rosKX)nslbilities as appertain to the administerin9 0* thè trust lunds.
Organlsatlon
As tha charity has no staff, decisions are mad• Solely by the truslees at thelr rngulor meellngs.
Prfnclpal addroSS
Manfield House, 1 S￿IhamPton Street. London, WC2R OLR
Publi¢ B•n•flt
The Trnstees confirm that they have referred to Charyty CINnrnission's general guidarKe on publc benefrt whÈn
rev¢ewing tho Trust's aim and objects and in planning ftjlurè aetlvrties forthe year.

HOMELANDS CHARITABLE TRUST
TRUSTEES. REPQRT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
ststement of Tru$t••s' Responsibllltles
The truslees are rèsponsible for preparing th• Truslee5' Rep￿ and Ihg accounts in accord8nce with applicabl8
law and United Kingdom A¢¢ounting Standards Iunited Kingdom Gèner8llyA¢¢xpt8d Accwnling Pr8d¢el.
Th$ law appllcable lo charili95 in England and Wales requlrtrs th• trustees lo prepar8 a¢wunts for each financi81
year which glvè a true and f8lr vlgw of the slate of 8ffatrs of tha charity and of thè incoming resources arKI
applieAtion of resources of the charfty for that year.
In prepèriNJ thesg ac￿unts, the Iru8t88s are required to:
- Se￿¢t suitable OC￿Un￿ng policie$ Ènd then apply them consislenlly;
- obseNe the methods and princlples in the Charities SORP.,
- make ludgemnts and estimate$ that ar8 rea￿￿able and prudent..
ststs whether 8ppNcable accounting standards have fdbw8d. subject lo any material departures
dlsc108ed and explainad in the accounts,. and
prepare the a￿o￿nIS on Ihe going concam basis unless it is inappropriate to presume Ihat the ¢harfty wil
continue in operation.
The trustoes are respor￿ible for k88ping sufficienl accounting recL)rds th81 disdose wrfh reaBonaNe accur8w 81
any ts.me the financial position of Ihe charity and en8bl& them lo ensuro that th$ accoLmts comply with tha
Charities A¢t 2011, the Chartty {A￿)Unts and Reports) Regulations 2008 and the provisions of the trust deed.
They are also reswnsible for safeguarding the assets of the ¢h8rty and hence for taking roasonBble steps for
the wevenfjon and detection of fraud ané other Irregularities.
R•v. Cllffo
Trust
Dated: ...¥.: L.vr
urry. BS¢. (Hons.)
J Amistrong
Trust
Dated.....E . ¥..w
RJCU
Trustee
Dated..
E Ma9ulr•
Trustee

HOMELANDS CHARITABLE TRUST
INDEPENDENT AUDrroR'S REPORT
TO THE MEMBERS OF HOMELANDS CHARITABLE TRUST
Oplnlon
We have audited the financial statements of Homelands Charitable Tru$l (thé 'charfty'l for the erthd 5 April
2023 which compris8 the slalemenl of financial activities, the balance Sheet and the notes lo the flnanclal
ststémèrbts, including a summary of signrficant a￿ounting pollcles. The financial r8porting Irarnework that has been
appli$d in thelr preparation i¥ appllcable law and Unile¢J Kingdom Accounting Startdards, including Financial
Reporting Standard 102 The Fin&nei&l Reporting Stsndard appllcable In the UK and R8publlc of Ireland (United
Kingdom GenerallyAcceptsd A￿A)Unting Practicel.
In our opinion. thè financial statements=
give 8 truè and fair view of thè stsle of the chavity's affalrs as 8t 5 April 2023 and of Its In¢0m￿g resources
and appliealon of resources, for the year then ended..
have been [￿perlY prep8Trd in acrAJrdance with United Kingdom Generally Accepted Accounting Practice,.
and
ha￿ b88n prepared In acco￿anCe ￿th the requirements of the CharibesAct 2011.
Basls for oplnlon
We conducte(J our audit in acconlance ￿th Interna￿Onal Standards on Auditing IUKI IISAS (UKI} and applicatle
law. Our rèsponsibilities under those standards are furiher descri￿d the Auditorfs ￿spOnsI￿1111eS for the audit or
the finan￿￿1 stalemenls section of our report. We are independent of the chority in arLordance vAlh the ethical
requirements that are relevanl to our audlt of the financial statemènts in th8 UK, inc4uding Iht FRC'S Ethical
Stsndard, and wè have fulfilled our other ethical responsibilities in accordan¢e with these requlrements. W& bdleve
that the audit eviden¢e we have obtained is suflicienl and approprfale lo prowde a basis for our opini1￿.
Con¢lusitsns r•lating to going eone•m
We have nothing to report in rèspect of the followirYJ matters in relation lo which the ISAS IUKI require us to rep)rt
to you where:
the Irvst08s' use of the going con¢em basis of acGounling in the prgp8rgtion of the fin￿¢181 statgmgnts is rKIt
appropriate,. or
the trustees have not disc10s0d in the financial statements any id$ntit7ed material un¢Èrtalnttés that may cast
spjnificant doubt about the ¢h8rtty's ability to C4)ntinue t¢ adopt Ihe going concern basls of accounting for
period of at least hvelve months from the data when the financkql statements are aulhorised for issue.
O¢hw infornlation
The other infomiatson comprlses the infomation included in the annual report other than the flnaneial statements
and our audilorfs report thereon. The Iruslw a￿ responsible for the olher infomiation contained within thè annual
report. Our opinion on tho ffinancial stalernents does not cover Ihe othér information and we do not express any
ftsm of assurance conclusion thereon. Our resptsnsiblllty is to read the olh8r infom)ation and, in doing so, consid$r
whether the other information is malerialty ir)consistent with the financial sts19mgnts OT our knowledg8 obtslned In
Ihg ¢ourse of the audit, or olharwlse appears lo b8 matgrially misstatsd. If we identfy such material inconsistsn¢
or apparent material misstat&m&nts, we are reqUI￿d to determine whether this 9ives rlse lo a m819ri81
mi8$tstement in the financial Statèments themselves. If, basèd on the work ￿ have pgrfc*med. we conC￿de Ihat
there is a material misststement of this other inforynation, wè ara raquired to report Ihat fact.
We have nothing to report in Ihis ward.

HOMELANDS CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF HOMELANDS CHARITABLE TRUST
Matters on which we are required to r•port by exceptlon
In the light of th& knowledge and understanding of the ¢harity and Ns envlronment obtained In the couJ5e of the
audit, we have not identffied materi81 mlsstatements in the (lireclors, ￿pOrt Included within the twst•es' rewt.
Wo have nolhirvJ to tsport in respect of Ihe followin9 matters in relation lo whi¢h the Charitie8 (AcC￿ntS and
Reports) Regulations 2008 require us to report lo you il. in our opinion..
the information given in the financial statemenis is iroThsistent In any materfal resped with the irustees,
report", or
sufficignt a￿OUnting records havg nut been kept,. or
the thnancial statements are not In agreement wilh the accoun￿ng records,. or
we have not received all the information an¢J oxplanations we iequire for our audit.
ResponslbllllO•s of trusl•es
As explained more fulty in thè statèment of trustee8' responslblltties, the trustees are r¢sponslble for thg prgp8181ion
of the financial statements and lor being satisfied Ihal Ihey givg a true and fair view, and fgr such internal control as
the trus10&s dotemine is necessary tts enable the prepar8tion of financAal statements that are free from materi81
mis$t8tèmant, whether due to fraud or error. In preparing th$ financial stalements, the Irustse$ are responsible for
asse8s¢ng thè charity's ability to wntinu& as a going concem, dI￿￿$1n9, as appli¢8ble, m8ttars related lo going
COTKern and using thè going con¢em basis of accounting un￿$3 the trust8as either intend lo ￿4$¢ oporattsins, or
have no reali3b"c alternative but to do so.

HOMELANDS CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED
TOTHE MEMBERS OF HOMELANDS CHARITABLE TRUST
Auditorfs resptyn$lbllltles for the audlt of thg finan¢ial statom8nt8
Our objeetives are to obtain reasonat4e 8ssuranee about whether the financial sts18menis os a whole aro fr9e from
material misstatement. wh&ther due lo fraud or error, and lo issue an audilorfs report that includes our opinlon.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordancg
wrth ISAS IUKI will always deteet a materfal misslalemenl whgn ft exlsts. Misstatements can arisa from fraud or
error and are consideTed malolial if, individualty or in thè aggrègatè. they could reasonably be expected lo
influ&nce the economic dery$ions of users taken on the basis of these financlal statements.
Irrggvlariti8s, Sncluding fraud, are instances of non-complianctr with l¥ws and regulatlons. We de8trJn
PrO￿u￿S in line with our responsibilitios, ouuined above, to detscl materi81 mi$¥tstèm6nts in respect
of irrggularitios, including fraud. The exlgnt to which our prwRdure$ 8rè cap8bla of detscting
irregularities. including fraud is detailed below..
We assessed the risks of m*¥rial misstatement in respect of fraud as follows:
Enquiries made of managerngnt and those charged with govemanG8
Analytical procedures wèr8 usèd to identify rf there were any unusual or un8xp6cted relationshlps
Discussions wlth managemgnt to Identify any traud risk I8￿9r$ of rglat•d party relation$hlps ond
transactions
88se(l on the results of our risk assessment w• d•signed our audit Procedures to id•ntfy nonwcompll8n¢e ￿th
such law3 8nd ragubtions identffied above.
EnquiTie5 were madé of management and those chargèd with govemance. We corroborated our enquiries through
the review of Board mlnules and other papers provided. There was no contradlctory evidersce.
We considered th8 nsk of fraud through management ovèrride and, ir¢ r￿pOnse, we incorporated testing of rnanu81
journal entries into our audit approach. We 18sle(l year end joumals as well as journal entries throughout the year.
There were no tran8a¢tions idgntrfied outside the r*Jmal cwrsg of business.
Based on the results of our risk assessment we designed our 8wlit prgo¢durès lo identity and lo a¢Jdress material
misst¥taments in relation to fraud. Wg Inc4Jrporated an element of unprèdictability in the selection of the nalure,
timing, and •xt8nl of audit prp¢sdurès.
Where transaction meets'ro risk crilgria wgro bJ8ntified, we out I￿#her work such as addrbonal tèsting to
sour¢e information.
A further des(￿pIlOn of our responsibilit￿$ 1$ avallabla on th8 Finanaal Reporting Council's website at.. https'.11
www.l￿.0rg.ukIaud6t0Ts18SpOnSIb1l•tIe$. Thi$ dèscrlptlon forms part of our auditorfs report.

HOMELANDS CHARITABLE TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF HOMELANDS CHARITABLE TRUST
Other mattgr
Your attention is drawn to the fact that the Charity has prepaied financial Slalements in aGcordanGe wilh"Accounling
and Reporting by Charities.. Slalement tsf Recommendèd Practice applicable to char&bes preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ifelan(J IFRS 1021" las
amended) in preference to th$Ac￿untlng and Rgporting by char￿[￿$". Statement of RecDmmended Piacti¢¥ i$su8d
on 1 April 2005 which is rele¥red to In the extant regulations bul has now been wlhdrawn.
This has been done in order for the financi￿ statements lo provide a true and lair view in accordance
G&ner8llyAcceptedAccounling Practsce effective for reporting periods beginning on or after 1 January 2015.
Thi5 report 18 made solely Its the Charit￿$ Iruslee8. as 8 body. in accordancè wth part 4 of thè Charslies (Accounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we might stale to the charrty's
trustees those matters we are required to state to them in an auditors report and for no other purpose. TD the fullest
extent pemitted by law, we do not accept or assume responsibility lo anyone other than the charity and the
charty's trustèÈs ss a body, for our audit wtsrk, for this rèport, or for thè opinions WÈ have formed.
A J Bennewlth FCA. FCPA. FFA. FFTA, DChA. FRSA (Senlor Statutory Audltor)
for and on behalf of Bennewith 201B Limited
Chartered A¢countants
ststutory Audltor
9 February 2024
3 Vvey court
Mary Rctrad
Guildford
Surrey
GU14QU

HOMELANDS CHARITABLE TRUST
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2023
Totsl
Total
Unro$tl¢tsd Unr•stlcted
Funds
Funds
2023
2022
Inromg and •ndowm•nts from:
Inveslrrtents
Other income
217,349
1.271
169.159
Tolal Incorng
218.620
169.161
Expèndiiure on:
Raising funds
Charitable activities
Other
42.795
338.000
24,380
45,500
372,000
22,399
Total gxpendilur•
405,175
439,899
Nel gainsllk)sse$} trn invèstm8nts
10
1630,901
497.424
N•t incomel{expenditLtr•l
1817,4561
226.686
R•eonciUatlon of funds
Total Funds brought forward
9.584,966 9,358.280
Total Fund$ earried forward
8,767.510 9,584.966
The stslemont of finondal activities include8 all gains and rocognis8d in the year.
l irm arKJ èxpèndlture derive frorn eAryntinulng aCti￿tI￿s.

HOMELANDS CHARITABLE TRUST
BALANCE SHEET
ASAT5APRIL 2023
2023
2022
Not•S
Flxed aBsel8
InvÈstmÈnts
11
8.6T3.810
9.354,502
Curr•nt ass•ts
Cash at bank and in hand
180.606
304,386
Cr¢drtoYs: amounts falllng du• wlthln
ong yèar
12
(36.906>
173,9221
Net ¢urrent assets
143.700
230,464
Total assets1•88 ¢urr•nt IlabllStl•s
8,767,510
9.584,966
Th• funds of the charity:
Unrèstrictèd Funds
8.767,510
9,584,966
Total ¢harSty funds
8,767,510
9,584,966
The accounts were oppToYed by the Trustees on ....l.:
Rev. Clrflor
Trust••
urry, BSC. (Hon8.1
N J Armstrong
Trustee
RJCurry
Tru$t•¢
E Maguir8
Trusts•
Charity Registration No. 214322
10-

HOMELANDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5APRIL 2023
A¢tounting policies
Charlty Infomiatlon
Hometands Charitsble Trust is an unincorporatad charity Irusl registgrèd with the Charity Commission in
England and Wales with registration number 214322. The charity's registered address is Manffield Housg. 1
Southampton Strget. London. WC2R OLR.
1.1 Accountlng convention
The accounts have been prepared in accord8n¢e with the charity's governing document. the Charities Act
2011 and "Accounting 8nd Roporting by Charitig5'. Statsment of Recommendèd Practice applicable to
charities preparing thèir accosjnts in accordance wtth the Financial Reporting Sland?r¢J applicable iri the UK
an(J Republic of Iretand IFRS 1021 las amended lor accwnting p8riods commencing from 1 January 20151.
Th¥ charity is a Public Benefii Entiiy a$ dsfined by FRS 102.
The a¢¢ovnts have departed from the Ch#ritio$ (Accounts Reports) Regulations 2008 only tr& thè èxtènt
required lo provide a true and fair view, This departure has involved following the Statement of ReC￿nMended
Practice for ¢harfties applying FRS 102 rather th8n the version of the Slalement of Recommended Practice
whlch is referred 1¢ in the Regulallons but which has $in¢a b•en wlhdrawn.
The financtal statements arè prèpared in sterling, which 1$ the functional currerKy of the tharity. Monetary
amwnts in these financial stslemgnts ar• rounded to the n&8rèst t.
The finandal statements have been pt$parod und8r the historical c¢)sl conv•nllon. The principal accounting
FX)licies &*)pted aro $8t out below.
1.2 Incomlng resou￿¢
Incoming re$ouress are recognised On￿ the charity has entitlement to the rg8QLtrt•s. is probablè that thè
resources will ￿ r•coived and that the nK>net8ry value of the incoming r&sctkJrc8s can be measurad wrth
sufficient rellabilty.
Income eamed for the yoar is allocated b&tsYÈon thè maln fijnds on an openlng balanco basls.
1.3 Re80urcg$ •xp•nd•d
Expenditure Is recognised once therè Is a 18gal or o)nstructSve obligatK)n to transfer economic b8n•fit to a
third paty, it Is probablo that a transfer ol economic ￿nefits will be required in settlement. and the amount of
the oblrgalion can be measured rellably.
Expendilure is classified by acliwty. Th8 eosts of Èath aetivity are madè up ol the totsl of d￿￿t costs and
shared costs. Includln9 SUPPOrt costs involvèd in LJndèrt8king each aclNity. Dired ¢osts attributable lo a snglè
activty are allocated direcuy to that activty. Shared rosls which contribute to more than one actmty and
support C4)5ts which are not attributable lo a slngle activity are apportbned betsveen those a¢tivities on a basis
consistgnt the uso of rgsources. Central stsff costs ar8 allocated on the basis of time spent. and
depreciation charges arè allocated on Ihe porticffl of the 8sseYs use.
I revenue expendtiure incurred by the charty durirdJ the ygar has been charged to the Statement of
Financial Activities. In aC￿rdanCe with the SORP, a liabilty Is only dlsclosed for those gr8nl$ whore a *al or
Constructive obligation lo rnak¢ payment exists at the ye8r eThJ.
All expenditure is accounted for ￿ an accruals basis arhd 1$ dassffied under appropriato hgadlngs that
89grgg8tè All costs related to the $amfy rAtogory. Grants P8y8tAè ara madè to third parties in furtherance of
the ch8rrtabl• objects of the Charity.
1.4 Fixed asset Snv•stm•nts
Fixed asset inve8trMents are inilialty measured at Iransacllon Price including transactton costs. and are
$ubsequenUy mea$urÈd at fair value at each reporting date. Changes in fair value are recOgn￿ed in
incomel{expenditurel for the year.
11

HOMELANDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
Accountlrfi pollcl•$
IContlnu•d)
1.5 Cash and cash •quival•nts
Cash and ca6h equwalents include cash in hand. deposits hèld at call wth banks, other short-term INJuhJ
investments with original maturSties of three months or less, and bank ovtrrdrafts. Bank overdrafts 819 shown
wSthln ￿rroWIng$ in current liabi11tig$.
Ba¥ic fin•n¢lal assets
Basic financia1 assets, whlch Include debtors and cash and bank bal¥n¢trs, are Initlalty measured at
transaction price irKluding transaction costs and are subsequenuy carried at amtsrtls•d cost using the effeetive
Interest mathod unless the arrangement eonstitutes a financing Iransadon. where the transaction is
mea8ur¢d at the present value of the fvtur9 receipts discounled at a market rale of intgl¥St. Flnanaal assets
cta5sified as rtrEewabl& wkhln one year are not amoitsed.
Baslc Ilnanclal Ilabllltes
Basic finand81 liabilities. indudlng creditors arg Initial￿ ra¢c*Jnlsed at transaction price unless the
arrangement conslilules a financlng Iransaclion, wherè thè dèbt instrumenl is measured al the present value
ol the future payrnents discounted at a market rate of interest. Flnanclal Ilabilities classifi8d as payabl¢ withln
one year are not amortised.
Dèbt instruments are subsequonuy ¢arrled at amorlisBd cost, usiThJ the gffectivg interest rate method.
Tra¢Je ￿edItOrS are obligations Io pay lor goods or s8rvices thal have been aquired in the ordinary course of
operation$ Irom suppliers. Amounts payabb are d85siffièd as current liabilities rf payThgnt is due within one
year or les8. If not, they are presented a8 non-currenl liabllltks. Trade c￿dItorS are recognisad initially at
transaction price aThJ subsgquenljy measured al 4mc¥rtwJgd cost usin9 the gffeth've Inte￿$t mgthod.
Dare¢ogn1￿on of flnan¢lal114bilite8
Financial liabiliti9$ a￿ derecognised when the charlty's contractual oblgatt*ns expire or aro dlstharged or
cancelled.
Investmenl Incom•
2023
2022
Fixed interests
Equity
A￿ernative investments
31,810
131,164
54,375
15,858
110,978
42,323
217.349
169,159
Other Income
2022
Interest from stockbroker
1.271
12-

HOMELANDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
Rai¥ing lund$
Unrostrlct•d Unrestricted
funds
lurtds
2023
2022
Investment manag•m•nt
42.795
45.500
42.795
45,500
Charltabl• activities
Type ol tsrganlsatlonlactivity
Chur¢h
M•dlcal
Care and Hosplc•s
Protection
of Ch51dren
Othgr
charltl••
Total
2023
Total
2022
Oonalion$
93.000
27,500
42,0￿)
18,000
157,500
338.OLX)
372,000
thjring thtr year th8 Trust donated £338,000 12022= £372.(x)01 to instilubon$ and £nll 12022= £nill to
Indlviduals.
DonatSons more Ihan 5% of tha total amount donatgd in the year are..
General Conferen¢e of the New Church
68.000
68,000
Trustees and r•lat•d parties tran*actlons
R.J. Curry was roimbursed travel costs by charity to the sum of tNIL12022.' £2691.
N.J. Armstrong was preMously a partner In a firm (￿li0￿S LLPI thal provides accounl8ncy and administralion
services to the charity 01 £19,64012022'. £17.8101.
None ol th& trustees have been pai(1 any remuneratK*n or received any other benefits from an employment
their charity or a relatsd ents'ty.
Employees
There were no employe¢s during the year or preceding yoar.
13-

HOMELANDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
Oth•r oxp•nditu
2023
2022
Trusteès. f8•s and expenses
Audit fees
Acxountancy
269
4,320
17.810
4,740
19,640
24,380
22,399
T•x#tlon
The charity is exèmpt from lax on income and gains falling wllhln seetion 505 of the TaxesAct 1988 or section
252 of the Taxationof Chargoable Gains Act 1992 to the extent that the$0 are applied to its charilabla obA&cts.
10 Net galnslllossesl on investments
2023
2022
Rtrvaluation of investments
GainllLossl on sale of invostments
1679,5071
48,606
484,744
12.680
1630,9011
497,424
14-

HOMELANDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
11 Fixed asset inv¢stments
List•d
Investments
Cash ln
portfolio
Totsl
Co¥t or v•luatSon
Al 05 April 2022
Additions
Va￿#tion ehanges
Disposo1$
9.177.408
755,807
(679,5071
{798.0371
177,094
9.354,502
755,807
1679,5071
1806.9921
{8,955)
At 05 April 2023
8,455,671
168.139
8.623.810
CarrySng amount
At 05 April 2023
8.455,671
168.139
8,623,810
At 05 April 2022
9.177.408
177.094
9,354.502
2023
2022
Llsted Inv8stm8nts at fair value compri¥8'.
Fixad interest
Equity
Aliemative inve3tm8nt
1,444.733
5,022,556
1,988.382
1,524,800
5,517,870
2,134.738
8,455.671
9,177,408
Investments are stated at quotgd rnarket prf￿ in an active market. Invgstrngnts. at market valuè, Ihal
reprtt8enled more thon 5% of thè totsl markot value of the Investments al 5 April 2023 are:
30,238 Blown A￿V￿ry Fd$ BWN Adv Us Susl Gth Si GBP
417.284
417.284
12 Crodltor¥: amounts falllng due wlthln one y￿r
2023
2022
Audilws
Other creditors
8,780
28,146
8,400
65.522
36.908
n,922
15-

HOMELANDS CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
13 Analysls of Movwn¢nt in funds
The m8in objective of the funds, whi¢h a￿ all unr8Strictad, is the general support of charilablg institutions wNh
special regard to The General Conference of the Ntsw Chur¢h. medical research, the carè and protsction of
children and hospices. The EH Curry fvnd represents a donatiori recéived from EH Cury and 1$ for general
purposes. There are currenlly no deslgn81gd funds. The trustees aro not awarg of any trust law res1rictions
affe¢b"ng any of th• funds.
-16-