Sir Harold Hood
Charitable Trust
Annual Report and Financial
Statements
5 April 2024
Ch8rity Regislr31ion Number
225870

Contents
Reports
Reference and adminislralive infomialion
Trustees, report
Independent auditor's report
Financial statements
Statement of financial activities
10
Balance sheet
Statement of cash flows
12
Principal accounting policies
13
Notes to the financial statements
15
Sir Harold Hood Charitable Trust

Reference and administrative information
Trustees
Margaret Marie Elizabeth Felicia Hood
The Lord True, CBE
Dom James Hood OSB
The Lady True
Christian Edward Elwes
Principal office
PO Box 52492,
London,
NW3 9DY
Charity registration number
225870
Auditors
Buzzacott LLP
130 Wood Street
London
EC2V 6DL
Bankers and investment managers
C Hoare & Co
37 Fleet Street
London
EC4P 4DQ
Solicitors
Laytons Solicitors,
2 More London Riverside,
SE1 2AP
Sir Harold Hood Charitable Trust 1

Trustees. report Year ended 5 April 2024
The Trustees present their annual report and accounts for the year ended 5 April 2024.
The accounts have been prepared in accordance wtth the accounting policies set out in note
1 to the accounts and comply with the Charity's governing document deed, the Charities Act
2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable lo charities preparing their Financial Statements in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {Second
Edition).
Structure. govemance and management
The Trust was set up by the Settlor, Sir Harold Joseph Hood, by a Declaration of Trust dated
9 November 1962.
The power of appointing new Trustees was vested in the Settlor during his lifetime. Sir
Harold Hood died on 5 September 2005. This power now rests with the remaining Trustees.
When recruiting new Trustees, the Trustees look for individuals wtth skills and experience
which are of value lo the Charity. on￿ appointed, new Trustees will be provided with a pack
of information on the Charity. The Trustees are experienced individuals who have a good
understanding of what is involved in being a Trustee of a charity. Where appropriate. the
Charity supports the training of Trustees, including attendance at seminars.
The Trustees meet On￿ a year lo discuss the annual accounts and lo agree the list of grants
for the forthcoming year.
Rlsk Management
Given the solid level of the charity's general reserve and the discretionary nature of the
charity's distributions The Board of Trustees is of the opinion that the charity has adequate
resources to continue in operational existence for the foreseeable future.
The Trustees have assessed the major risks to which the charity is exposed, in particular
those related to the operation and finances of the Trust, and are satisfied that systems are
in place to miligale the exposure to the major risks.
The Trustees have identified the following risks..
Investments will drop in value., and
Donations made will not be spent how the Trustees would like.
The Trustees have mitigated these risks by..
Appointing a professional firm to manage the investments., and
Actively reviewing the donations and asking for updates.
Sir Harold Hood Charitable Trust 2

Trustees. report Year ended 5 April 2024
Key Management Personnel
The Iruslees consider the board of trustees the key management personnel of the charty in
charge of directing and controlling, running and operating the Charity on a day to day basis.
All trustees give of Iheirtime freely and no director received remuneration in the year. Details
of directors, expenses and related paty transactions are disclosed in note 8 to the accounts.
Investment policy and performance
In accordance with the Trust deed, the Trustees have the power lo invest in such stocks,
shares, investments and property as they see fit. The Trustees engage Ralhbones as
investment managers with the brief to adopt a medium risk investment strategy which
provides revenue for the charity's current need whilst enhancing income and capital growth
over the long term.
Objectives and activities for public benefit
The Iruslees confirm that they have complied with the duty in section 17 of the Charities Act
2011 to have due regard to the Charity Commission's general guidance on public benefit
"Charities and Public Benefit..
All funds are unreslricled and the Trustees, policy is to retain sufficient capital for the
maintenance of the trust. The balance of income al the year-end is considered at the
Trustees. meeting. A minimum reserve of income is maintained to ￿Ver fluclualions in
income. whilst ensuring that the grants are paid.
The Trust directs that the Trustees sh811 apply the income of the original funds and any
additional funds for such Roman Catholic charitable purposes as the Trustees shall, in their
absolute discretion and from time to lime, think fit. The Trustees shall be enlilled lo accept
the receipt of any person whom they consider lo be the appropriate officer of any charity for
any monies so applied without being concerned to see to the further application thereof.
The Trustees may also al any time apply the whole or any part of the Capital of the trust fund
for such Roman Catholic charitable purposes as the Trustees in their absolute discretion
think fft.
Performance
The financial statements show the investments al market value. The 'gainlllossl' on
investments is based on their opening market value and resulted in an overall gain of
£98,231 for the year ended 5 April 202412023.. Loss of £1,397,778), consisting of realised
losses on disposal of £36,696 and unrealised gains, calculated by reference to changes in
market value, of £134,927 12023.. profit £6,764 on disposals and loss of £1,404,542 on
changes in market value).
The Trustees have valued the investment property as al 5 April 2024 at £20,000,000,
recognising a valuation gain of £2,000,000 {2023.' gain £nill.
During the year ended 5 April 2024, income was £833,82312023: £737.9751.
Sir Harold Hood Charitable Trust 3

Trustees. report Year ended 5 April 2024
Performance (continued)
Investment management expenses and property costs in the year ended 5 April 2024
amounted lo £100,298 12023.. £102,725}- After grants, nel expenditure before net
investment gains, was £20,94612023'. £120,072) which was covered by a transfer from the
capital fund. There was no undislributed income balance at 5 April 202412023.. None).
Grants
During the year ended 5 April 2024 grants were made to Roman Catholic charitable
organisalions of £754,47112023.. £755,322). The Trustees consider that future distributions
can continue lo be financed from the Trust Fund at this level.
Going Concern
Given the solid level of the charity's general reserve and the discretionary nature of the
charity's distributions The Board of Trustees is of the opinion that the charity has adequate
resources to continue in operational existence for the foreseeable future.
ResoNes review including policy
The charity is reliant on its return from investments to fund its charitable aim, and therefore
has a reserves policy which aims to provide sustainable funds for the future.
At the balance sheet date, the Trust had capital funds of £39,685,54212023'. £37,608,898).
Plans for the future
The Trust is managed with a view to it being able lo continue ils activities for th8 future. The
trustees will continue to award grants in line with the current strategy and purpose of
supporting RC causes.
Statamant of Truste8s' Responsibilities
The Trustees are responsible for preparing the Trustees, Report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards
Iunited Kingdom Generally Accepted Accounting Practi￿1.
The law applicable lo charities in England & Wales requires the Trustees to prepare financial
statements for each financial year which give a true and fair view of the slate of affairs of
the chartty and of the incoming resources and application of resources of the charity for that
period. In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the charities SORP.,
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject lo any
material departures disclosed and explained in the financial slatemenls.,
prepare the financial statements on the going con￿rn basis unless il is inappropriate
lo assume that the charity will be able lo continue lo meet its objectives.
Sir Harold Hood Charitable Trust 4

Trustees. report Year ended 5 April 2024
Statement of Trustees. Responslbllltles Iconlinuedl
The Trustees are responsible for keeping proper records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the
financial statements comply with the Charities Act 2011, the Charity {Accounls and Reports)
Regulations 2008 and the provisions of the trust deed. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The Trustees also confirm that they have made all necessary enquiries and taken such
steps that they ought to, lo ensure that they become aware of any relevant audit information
and that they confimi that the Charitsble Trust's auditors have been made aware of such
information.
IhoA
Margaret Marie Elizabeth Felicia Hood
Trustee
Approved on '.
0310212025
Sir Harold Hood Charitable Trust 5

Independent auditor's report Year ended 5 April 2024
Indgpgndgnt auditor's roport to tho tw$t&9s of thg Sir Harold Hood Charitsb19 Trust
Opinion
We have audited the financial statements of the Sir Harold Hood Charitable Trust (the
'charily I for the year ended S April 2024 which comprise the statement of financial aclivilies,
the balance sheet, statement of cash flows, the principal accounting policies, and the notes
lo the financial slalements. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic
of Ireland, (United Kingdom Generally Accepted Accounting Praclicel.
In our opinion, the financial statements..
give a true and fair view of the state of the charty's 8ff8irs as at 5 April 2024 and of its
incoming resources and application of resour￿$ for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice., and
+ have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We condLJCted our audit in accordance with Intemational Standards on Auditing IUKI IISAS
IUKII 8nd applicable law. Our responsibilities under those standards are further described in
the auditor's responsibilities for the audit of the financial statements section of our report. We
are independent of the charity in accordance with the ethical requirements that are relevant
lo our audit of the financial slalemenls in the UK, including the FRC'S Ethical Stsndard, and
we have fulfilled our other ethical responsibilities in accordance with these requirements. We
believe that the audit evidence we have obtained is sufficient and appropriate lo provide a
basis for our opinion.
Concluslons relatlng to golng concern
In auditing the accounts, we have concluded that the Itustees use of the going concem basis
of accounting in the preparation of the accounts is appropriate.
Based on the work we have perfomied, we have not identified any material uncertainties
relating to events or conditions that, individually or collectively, may cast signrficanl doubl on
the charity s abiltty lo continue as a going concern for a period of at least twelve months from
when the accounts are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect lo going concern are
described in the relevant sections of this report.
Sir Harold Hood Charitable Trust 6

Independent auditor's report Year ended 5 April 2024
othor information
The other information comprises the information included in the annual report, including the
trustees, report, other than the financial statements and our auditor's report Ihereon. The
trustees are responsible for the other information contained within the annual report. Our
opinion on the financial stslemenls does not cover the other information and, except lo the
exlenl otherwise explicitly staled in our report, we do not express any form of assurance
conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other
information is materially inconsistent with the financial slalemenls or our knowledge obtained
in the course of the audit or otherwise appears lo be materially misstated. If we identify such
material inconsistencies or apparent material misstatements, we are required to determine
whether this gives rise to a material misstslemenl in the financial stslemenls themselves. If,
based on the Work we have performed, we conclude that there is a material misstatement of
this other information, we are required lo report that fact.
We have nothing lo report in this regard.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and ils environment obtained
in the course of the audit. we have not identified material misstatements in the Iruslees, report.
We have nothing lo report in respe¢t of the following mallers in relation lo which the Charities
(Accounts and Reports) Regulations 2008 requires us to report to you if. in our opinion:
• the infom)alion given in the Iruslees, report is inconsistent in any material respect with the
accounts., or
aéequate accounting records have not been kept., or
the financial statements are not in agreement with the accounting records., or
we have not received all the information and explanations we require for our audit.
Responslbllltles of trustees
As explained more fully in the trustees, responsibilities statement, the Iruslees are responsible
for the preparation of the financial statements and for being satisfied that they give a true and
fair view, and for such internal control as the trustees determine is necessary lo enable the
preparation of financial statements that are free from material misstatement, whether due lo
fraud or error.
In preparing the financial stslemenls, the trustees are responsible for assessing the charity's
ability to continue as a going concern, disclosing, as applicable, mallers related to going
COn￿M and using the going concem basis of accounting unless the Iruslees either intend to
liquidate the charity or lo cease operations, or have no realistic altemalive bul to do so.
Sir Harold Hood Charitable Trust 7

Independent auditor's report Year ended 5 April 2024
Auditor's responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in
accordance with the Act and relevant regulations made or having effect Ihereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as
a whole are free from material misstalemenl, whether due to fraud or error, and to issue an
auditor's report that includes our opinion. Reasonable assurance is a high level of assurance,
bul is not a guarantee that an audit conducted in accordance with ISAS (UK} will always delecl
a material misstalemenl when il exists.
Misstatements can arise from fraud or error and are considered material if, individually or in
the aggregate, they could reasonably be expected to influence the economic decisions of
users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We
design procedures in line with our responsibilities, outlined above, to delect material
misslalemenls in respect of irregularities, including fraud. The exlenl lo which our procedures
are capable of delecling irregularities. including fraud is detailed below..
We obtained an understanding of the legal and regulatory frameworks that are applicable
to the charity and determined that the most significant are the Charities SORP FRS 102
and the Charities Act 2011.
We understood how the charity is complying with those legal and regulatory frameworks
by making inquiries to trustees and those responsible for legal, compliance and
governance procedures. We corroborated our inquiries through our review of minutes
from trustee meetings.
We assessed the sUs￿ptibIlity of the charity's financial statements to material
misslalements, including how fraud might occur. Audit procedures perfomied by the
engagement team included..
Identifying and assessing the design and implementation of controls in place to
prevent and detect fraud.,
Perfomiing tests of completeness on the charity's financial records and assessing
the requirement for adjustments to be made for the year-end for financial statement
preparation,. and
Assessing the extent of compliance with relevant laws and regulations by reviewing
coThespondence with regulators and legal advisors.
There are inherent limitations in our audit procedures described above. The more removed
that laws and regulations are from financial transactions, the less likely il is that we would
become aware of non-compliance. Auditing standards also limit the audit procedures
required to identify non-compliance with laws and regulations lo enquiry of the Iruslees and
other management and the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder lo delecl than those that arise
from error as they may involve deliberate concealment or collusion.
A further description of our responsibilities is available on the Financial Reporting Council's
website at www.frc.o
.uklauditorsres
onsibilities. This description fomis part of our auditor's
report.
Sir Harold Hood Charitable Trust 8

Independent auditor's report Year ended 5 April 2024
Usg of our report
This report is made solely to the charity's trustees, as a body, in accordance with Chapter 4
of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been
undertaken so that we might stale lo the charity's trustees those matters we are required to
stale lo them in an auditor's report and for no other purpose. To the fullest extent pemiitled
by law, we do not accept or assume responsibility to anyone other than the charity and the
charity s trustees as a body, for our audit work, for this report, or for the opinions we have
formed.
ststutory Auditor
130 Wood Street
London
EC2V 6DL
Date: 3 February 2025
Buzzacotl LLP is eligible to act as an auditor in temis of section 1212 of the Companies Act
2006.
Sir Harold Hood Charitable Trust 9

statement of financial activities Year ended 5 April 2024
{In¢luding income and expenditure account)
Unrestrlcted funds
Unr&81ricted funds
Incom8
nd
Capltal
fund
Total
2024
Income
fund
Capital
fund
Total
2023
Notes
Incomo from..
Investments
Total in¢omÈ
833,823
833,823
833,823
833,823
737.975
737.975
737,975
737,975
Expenditure on..
R818ing funds
Chari13ble activities
. Grants awarded
Total oXPonditur6
100,298
100,298
102,725
102,725
754,471
854,769
754,471
854,769
755,322
858.047
755,322
858,047
N8t expendlturo before other galns
and losses
120,9461
120.9461 1120.0721
1120,0721
Other recognised gain5 and
losses..
Gainslllossesl on Inv8slm8nls
Unrea1188d galn on Inveslmanl
prop8rty
ExGh3nge rate losses
98,231
98,231
11,397,778) 11,397,778)
2,lJOO,000
16411
2,000,000
16411
2,097,590
2,097,590
11,397,778) 11,397,778)
Net Incom￿(expPlldIlUreI
120,9461
2,097,590
2,076,644
120.0721 11.397.778) 11.517,8501
Transfer between funils
20,946
120,9461
120.072
1120.0721
Net movernent in funds
2,076,644
2,076,644
11.517.850) 11.517,8501
Fund balance5 brought forward
37,608,898 37,608,698
39.126.748 39.126,748
Fund balances carried forward
39,685,542 39,685,542
37.608.898 37.608,898
All income and expenditure is derived from continuing activities. The stslemenl of financial activities
includes all gains and losses recognised in the year.
Sir Harold Hood Charitable Trust 10

Balance sheet as al 5 April 2024
2024
2024
2023
2023
Nol&s
FIx8d assets
InvÈstmÈnts
Investment property
19.213,846
20,0(M),000
39.213.846
19,195.477
18.000.000
37.195.477
Curront 8888t8
Debtors
Cash at bank and in hand
3,395
514,726
51B,121
472.501
Creditors.. amounts falling due wlhin
one year
146,4251
159,0801
Net current 8$sets
471.696
413,421
Net ass8ts
39,685,542
37.608.898
RÈprÈsented by:
Capi181 fund
39,685,542
39.685,542
37.608.898
37.608.898
Approved by the Iruslees and signed on their behalf by..
Margaret Marie Elizabeth Felicia Hood
Trustee
Approved on..
0310212025
Sir Harold Hood Charitable Trusl 11

statement of cash flows Year ended 5 April 2024
2024
2023
Notes
Cash flow5 from operating activitie5=
Net cash used in operating activities
A 1870,0651 1835,2591
Cash flows from investlng actlvltles:
Purchase of investments
Proceeds from sale of investments
D8creas8 in investrnent porttolio cash
Investment income
Net cash provided by investing activities
11,044,704) 11,132,239)
1,154,992
762,217
130,4261
476,764
832,428
737,975
911,657
844,717
Change In cash and cash equlvalents In the year
42,225
9,458
Cash and cash equivalents at 6 April 2023
472,501
463,043
Cash and Cash •qulvalènts at S Aprll 2024
S14,726
472,501
Notas to thg ststamgnt of ¢a$h flows
A Reconciliation of net movement in funds to net cash used in operating activities
2024
2023
Net incomellexpenditurel
Adju5tmenis for..
(Decreasellincrease in creditors
Increase In debtors
Investrnent income
(Gainslllosses on investments
Unreali5ed gain on inve5trnent propety
Net cash used in operating activiti85
2.076,644 11,517,850)
112,6551
12,0001
1833,8231 1737,9751
198,2311 1,397,778
12.000,0001
1870,0651 1835,2591
22.788
B Analysis of cash and cash equivalents
2024
2023
Cash at bank and in hand
Total cash and cash equivalents
514,726
514,726
472,501
472,501
Sir Harold Hood Charitable Trust 12

Principal accounting policies Year ended 5 April 2024
The principal accounting policies adopted, judgements and key sources of estimation
uncertainly in the preparation of the financial slalements are laid out below.
Basis of accounting
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities.. Statement of Recommended Practice applicable lo charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
The Sir Harold Hood Charitable Trust meets lo definition of a public entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless
otherwise staled in the relevant accounting policy notes.
The financial statements are presented in sterling and are rounded to the nearest pound.
Going Concern
The Trustees consider there are no material uncertainties about the Charity's ability to
continue as a going concem. The review of our financial position, reserves level and future
plans gives Twstees confidence the charity remains a going concern for the foreseeable
future.
Income
Investment income and other sundry income is accounted for on a receivable basis.
Expenditure
Expenditure is recognised on an accruals basis. Investment Management Costs comprise
the investment managers, fees together with property expenses for the property held.
Goveman¢e costs comprise those of running the charity, namely audit and accountancy
fees and bank charges.
Investments
Investments are stated at their middle market values ruling al the balance sheet dale. The
realised and unrealised gains and losses on investments are calculated based on the
opening market values and are accounted for within the Statement of Financial Activities.
Investment properties
Investment properties are included in the balance sheet at their eslimaled market Value at
the balance sheet date. The valuation of investment properties is performed annually by the
Trustees, with professional valuations obtained al least every five years. As these assets
are recorded at market Value no charge is made for depreciation in the accounts.
Sir Harold Hood Charitable Trust 13

Principal accounting policies Year ended 5 April 2024
Investment properties Iconlinuedl
Realised and unrealised gains and losses on investment properties are included within the
ststemenl of Financial Activities in the year in which they arise.
Credltors and provlslons
Creditors and provisions are recognised where the charity has a present obligation resulting
from a past event that will probably result in the transfer of funds lo a third party and the
amount due lo sellle the obligation can be measured or estimated reliably. Creditors and
provisions are normally recognised at their setuement amount after allowing for any trade
discounts due.
Cash and ￿$h gquivalonts
Cash and cash equivalents includes cash and short term highly liquid investments with short
term maturity of three months or less from the date of acquisition or opening of the deposit
or similar account.
Estimates and judgements
Eslimales and judgements are continually evaluated and are based on historical experience
and other factors, including expectations of future events that are believed to be reasonable
under the cir¢umstances. Although these eslimales are based on the Trustees. best
knowledge of the amount, events or actions, adual results ultimately differ from these
estimates. The trustees recognise that the value of the investment property is based on
estimates however do not consider there to be any other estimates and judgements.
Capital Fund
The Capital Fund represents those assets sellled into trust, together with any movements
in their values. The C8pII81 Fund is designated by the Trustees for internal purposes only
and is not subject to any restrictions regarding distribution.
Grants and donations
Grants to the making of which the Trustees have committed themselves are charged in the
ststemenl of Financial Activities in the year in which the commitment is made and are
carried forward under eredilors until paid.
Financial instrumgnts
The charity only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments, including trade and other debtors and
creditors are initially recognised at transaction value and subsequently measured al
amortised cost.
Sir Harold Hood Charitable Trust 14

Notes to the financial statements 5 April 2024
1 Investment Income
2024
2023
UK dividends
UK Unit Trust dividends
UK Real Estate Inveslrnent Trust distribut￿n$
UK fixed intBrest
Overseas dividends
Overseas fixed interest
other investment income
Bank Interest
380,705
93,465
19,200
64.172
187,637
40.554
41,052
7,038
833,823
421,077
87,565
19,650
32,772
125,831
41,220
7.835
2,025
737,975
2 Raising funds
2024
2023
Investment management fee
Property costs..
Council Tax
79.229
80,445
1,824
5,115
552
10.138
330
3.110
100.298
1,584
8,174
503
10.214
365
1,440
102,725
Security
Insurance
. Sundry
Repairs
3 Analysis of charitable expenditure
2024
2023
Grants to institutions by category..
Single Grants
Aid
Churches
Education
Homeless
Hospilals
Missionary
Nursing
Prisoners
Retreat Centre
Schools
Ytsuth
Special grants
Adjustments in year
Governance costs (note 41
119.600
112,750
2,000
263,000
95.000
27,000
5.000
28,000
12,000
45,000
50,000
8,000
58,000
45,000
118,3851
22.957
755,322
249.000
76.000
29,000
32.000
12.000
50,000
55.000
7,000
60.000
45.000
19,871
754.471
Sir Harold Hood Charitable Trust 15

Notes to the financial statements 5 April 2024
3 Analysls of charltable expendlture Iconlinuedl
2024
2023
Nam85 of institutions and amounts paid..
Across, Slansled
Ace ol Clubs, Clapham
African Mission. based in London SE1
Aid to the Church in Need UK- Cameroon
Aid to the Church in Need UK- Guatemala
Aid to the Church in Need UK- Italy ft)r Ukrainian Catholic Church
Aid to the Church in Ne8d UK- Syria Sharing Br88d
Anawim, Birmingham
Blackfriars Dominican Priory, C8rnbridg8
Borderfands, Bristol
Brentwood Catholic child￿rn,$ s￿ety
Cardinal Hume Centre
Catholic Bishops, Conlerence,'Parfiamentary & Public Policy
Internships
Catholic Children's Society, Plymouth
Catholic Children's Society, Westrninster
Catholic Union
2,000
15,000
2.000
12,000
2.000
4,000
5,000
3,000
3,000
1,000
4,000
7,000
3,000
6,000
2,000
13.000
6,000
3.000
14.000
2,000
1,000
8.000
8,000
1,000
CCS Adoption Iclifton Children's Society) Bristol
CHAS, Bristol
Church in Pian de Pi8ca, Italy
Church of our Lady Queen of Peace, Richmond
Church of St Augustine ol Canterbury, Leeds
Clergy Support Fund, Archdiocese of Southwark
Craig Lodge Trust
Depaul UK
Daughters of Charity Services, London SW1
Diocese ofAberdeen
Diocese of Argyll & The Is1es- St Mary & Finnan
Diocese of Brentwood, ex Anglican rn8rried priests
Diocese of Hexham & Newcasue, St Bede's, Jarrow
Diocese of Leeds.. Mark 10 Mission
Diocese of Leeds Music
Diocese of Leeds St Cuthbert's Church, Biadft>rd
Diocese of Leeds St Edwards's Church. Clifford
Diocese of Leeds Holy Rosary Catholic Church, Leeds
Diocese of Notbngham
Diocese of Salford, St Mary's Church Manchester
Divine Renovation, London
Downside Abbey
Downside School
Carried forward
3.000
4,000
25,000
10.000
15.000
3.000
15,000
55.000
15.000
50,000
2.000
4,000
4,000
2,000
12,000
10,000
4,000
1.000
1,000
1,000
1.000
2.000
1,000
1.000
1,000
28.000
2,000
28.000
1,000
60,000
60,000
40.000
338,000
250.000
Sir Harold Hood Charitable Trust 16

Notes to the financial statements 5 April 2024
3 Analysls of charltable expendlture Iconlinuedl
2024
2023
Names ol institutions and amounts paid..
Brought forward
Downside Fisheryouth Club
Duchess of Leed5 Foundation
Embrace the Middle East
Fellowship and Aid to th8 Christians of th8 East
Franciscan Missionary Sisters of Africa. for Youth ￿1Ve, Zimbabwe
Friends of St Michael's Primary School, Uganda - Bath
Friends of the Holy Land
Growing Old Gracefully, DI0￿Se of Leeds
HGPT Hos8nn8 House and Children's Pilgrimage Trust
Handmaids of Mary, Clapham
Hospice, Hospital of St John & St Elizab8th
Jesuit Missions, London N2
Kenelrn Youth Trust, Alton
L'Arche UK
Leeds Cathedral
Little Friends Cenlre, Botswana ISVPI
Little Sisters of the Poor, Leeds
Londani Catholic Parish (Friends of Kipkelion, Kenya- UK Charity)
Longford Trust
Loyola Jesuit Secondary School, M818wi- Jesuit Missions
Marian Brothers, Uganda
Marriage Care, Nottingham
Maryknoll Sisters New York State for Emusoi Centre, Arusha, Tanzania
Mawale Institute, Birmingham
Monte San Marino parish
Missionary Sisters of the Blessed Virgin Mary, Uganda
Nehemiah Project, stre8th8m, London
Noah Enterprises- Winter Shelter, Luton
Our Lady and St John Church, Goring-on-Th8mes
Our Lady's Church, NW8
Our Lady of Lourdes ChU￿h, Ashby-de-18-2w
Oratory Schcy)l Reading
Parish of Santa Mari8 in Piazza, Sarnano Italy
PACT (Prison Advice & Care Trust)
Plymouth Cathedral, r8pair5
Providence Row, Tower Hamlets East London
R8demptorists, Zimbabw8- Scouand
Right to Life- Pro-Life Research Unit. London
Royal Navy RC Chaplaincy Trust, Portsmouth
Cairied fotward
250,000
30,000
30.000
s,000
338,000
30.000
30,000
2,000
2.000
2,000
2,000
3,000
5,000
1,000
10,000
12,000
5,000
3,000
4,000
12,000
12,000
2,000
1,000
4,000
5,000
5,000
750
2,000
3,000
2,000
2,600
3,000
1,000
5,000
5,000
2,000
so,000
4,000
4,000
2,000
3,000
1,000
3,000
7,000
40,000
so,000
2,000
8,000
7,000
4,000
5,000
3,000
3,000
3,000
3,000
7,000
25,000
45.000
6,000
7,000
5.000
17,000
582,750
17,000
572.600
Sir Harold Hood Charitable Trust 17

Notes to the financial statements 5 April 2024
3 Analysls of charltable expendlture Iconlinuedl
2024
2023
Names of institub.ons and amounts paid..
Brought forward
Sacred Heart Church, Boumemouth
Sacred Heart Church. Frinton-on-sea
Sacred Heart Church, Holloway, London
San Jose. Chile- Retreat Centre
San Lo￿nzO, Chile- School
Shrine of San Liberato, Italy
St Aldhelm's RC Church, Malmesbury
St Andrew's Hospice
St David's Marist Foundation Inanda, South Aftica
St Elizabeth's, Much Hadham
St Joseph's Church. Newbury
St Joseph's Home for Chronically111 Children, South Africa
St Joseph's Hospice, Hackney
St Joseph's Pastoral Centre, Hendon
St M8ry's College, Crosby
St Richards Reynolds Catholic College
st Vincent's de Paul Furniture Project, Sheffidd
St Vincent's de Paul Society, Leeds
st Vincent's Family Project, London SW1
St Wilfred's Cenlre, Sheffield
strawb8rry Hill Overs88s & Community Concem
Stonyhurst College, Lancashire
Ushaw Historic House, Chapels and Gardens, Durt)am
Verona Fathers. Ethiopia
Wardour Chapel, Wiltshire
Wgstrninster Cathedral
Wintershall Education, Surrey
Your Place
Youth 20C(I
Return of Grant- 2021 Parish of Sants Maria in Piazz8, Sarnano Italy
GovernanTr costs Inote 41
572,600
2,000
1,000
7,000
4,000
8,000
25,000
2,000
2,000
4,000
1.000
3,000
2.000
2,000
18.000
582.750
2.000
7,000
4.000
8,000
25,000
4,000
2,000
2,000
2.000
18,000
1.000
45,000
2,000
4,000
2,000
25,000
1,000
5,000
3.000
1,000
2,000
3,000
4,000
20,000
2,000
25.000
2,000
1.000
10,000
10,000
118,3851
22.957
755.322
19,871
754,471
4 Governance costs
2024
2023
Accountancy fees
statLJtory audit fees
Sundry expenses
3,661
15.600
610
19.871
7,890
14,460
607
22,957
Sir Harold Hood Charitable Trust 18

Notes to the financial statements 5 April 2024
5 Investments
2024
2023
Shar•s and S•euriti•s
Fixed interest..
United Kingdijm
. Overseas
Equities..
United Kingdom
. Overseas
. At8matlV8S
. Cash held as part of the portfdio
1,215,033
302.545
941,460
298,811
8,848.330
9,580,597
6,912.636
6,160,296
1,877.870
2,187,307
57,432
27,006
19,213.846 19.195.477
2024
2023
Market value as at 6 April 2023
Add.. Acquisitions at Gostltran5fer value
Less.. Disposals at market value
Less.. net gainlllossl on investments
Increase in investment portfolio cash
Market value at 5April 2024
19,195,477 20,699,997
1,044.704
1,132,239
11,154,992) 1762.2171
98.231
11,397,778)
30,426
1476.7641
19,213,846 19,195,477
2024
2023
Investment property
31 Avenue Road, NW8- market value as al 5 April 2023
Unrealised gain on investment property
31 Avenue Road, NW8- market value as at 6 April 2024
18,000,01)0 18,000.000
2,000.000
20,000,OIXI 18,000,000
On 17 March 2009, voluntary income from the Estate of Sir Harold Joseph Hood. deceased,
in the form of his main residence, was sellled on the Trust. This property was valued al
£10,000,000 on the dale of transfer. Investment properties are included al their eslimaled
open market valuation at the balance sheet date.
The valuation of investment property is perfomied by the Trustees annually, based on
discussions with local estate agents. Based on these discussions, the Trustees have valued
the property as at 5 April 2024 at £20,000,000.
6 Debtors
2024
2023
Accrued income
Prepayments
1,395
2,000
3,395
Sir Harold Hood Charitable Trust 19

Notes to the financial statements 5 April 2024
7 Creditors- amounts falling due within one year
2024
2023
Accruals
Investment management lees
Property utilities
Grants
19,200
20,225
21,390
20.225
1,465
16.000
59,080
7,000
46.425
8 Rglatgd party transactions
No Trustees have received any remuneration or expenses during the year lo 5 April 2024
12023.. Nil).
During the year. the Trust made a grant of £60,000 to Downside Abbey12023 - £100,000).
One of the trustees, Dom James Hood, is also a Trustee of Downside Abbey.
There were no other related paty transactions in the year12023- None).
Sir Harold Hood Charitable Trust 20

Notes to the financial statements 5 April 2024
9 Analysls of Net Assets Between Funds
Unrestrieted funds
Income
fund
Capital
funds
Total
2024
Fund balances at 5 Apr512024 are represented by..
Listed Investments
Propety
Current Assets
Curr8nt Li8biliti8S
Total nèt assets
19,212,434
20,000,000
518,129
146,4251
39,684,138
19,212,434
20,000,000
518,129
146,4251
39,684,138
UnreslTh¢ted funds
Income
fund
Capilal
funds
Total
2023
Funcl balances al 5 April 2023 are ￿p￿Sente[l by..
Listed lThv&slm8nts
Pn)perty
CurrentAssets
CUr￿n1 Liabilities
Totalnel assets
19,195,477
ts,000,ooo
413,421
79,195,477
tS,OQO,OQO
472,5Q1
(59,080)
37.608.898
59,08Q
(59,080)
37.6Q8.898
Sir Harold Hood Charitable Trust 21