Hahnemann House Trust
Trustee's Report and Financial Statements
Year Ended 31 August 2021
Registered Charity Number: 252702
HAHNEMANN HOUSE TRUST
Annual report and financial statements for the year ended 31 August 2021
| Contents Page: 1 4 5 6 7 Trustee Stockbrokers Independent Examiner |
Report of the trustees Report of the independent examiner Receipts and payments account Statement of assets and liabilities Notes forming part of the financial statements Homeopathy UK Trustees of Homeopathy UK are as follow: Mrs Margaret Wyllie - Chair Mr John Morgan - Deputy Chair Mrs Patricia Donnachie Mr Donald Gunn Mr Richard O'Quinn Mr Robert Orchard Dr Gary Smyth Ms Elizabeth Tucker Investec Wealth & Investment Limited 30 Gresham Street, London EC2V 7QN Tara Aldwin ACA c/o FKCA Limited 260-270 Great Marlings, Butterfield Business Park, Luton LU2 8DL |
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HAHNEMANN HOUSE TRUST
Report of the trustees for the year ended 31 August 2021
The trustees present their report together with the financial statements for the year ended 31 August 2021.
Trustees and legal status
The trust is a registered charity. The governing instrument is a Deed of Trust made on 9 December 1920, and this was revised by The Charity Commissioners for England and Wales with effect from 12 July 1999, and again on 16 April 2016.
The trustee of the Hahnemann House Trust is 'Homeopathy UK' , a registered charity (charity no. 235900) and also a company limited by guarantee (company no. 102915).
The names of those trustees who served during the year are listed on the contents page.
The method of appointment of trustees is contained in the governing documents. Trustees are also members of Homeopathy UK Council and simultaneously guarantee members of the company.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Charities Act 2011. 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.
In so far as the trustees are aware:
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( a) there is no relevant audit information of which the charity’s examiner is unaware; and
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( b) the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.
No trustee has received any remuneration, aside from out-of-pocket expenses.
Objects
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( a) As a public museum for the housing and exhibition of relics formerly belonging to Dr. Samuel Hahnemann or any of his disciples;
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( b) As a public library for the housing and reading of the publications of Dr. Samuel Hahnemann and his immediate disciples;
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( c) As a place for the supply and propagation of information to the public of places where reliable homeopathic medicines may be obtained;
In addition, the following Scheme was approved and established on 31 October 1967:
The object of the above-mentioned charity shall be the advancement of the teaching and practice of homeopathy and research in matters relating to homeopathy.
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HAHNEMANN HOUSE TRUST
Report of the trustees for the year ended 31 August 2021 (Continued)
Activities during the year
The items of furniture belonging to Dr Samuel Hahnemann, which were loaned to the town of Koethen in Germany where Hahnemann lived for 16 years, continue to be displayed at Hahnemann House and the Castle Museum.
A committee was established to review all aspects of the collection and current arrangements and to examine the best ways to maximise public viewing of artefacts. A first job was to have all artefacts catalogued and photographed. This work was carried out over 2017-18.
It was agreed to establish a virtual museum online to ensure the largest number of people could view and appreciate the artefacts no matter where they lived. The website www.hahnemannouse.org was launched in October 2019. The website reflects a new visual identity for the charity.
Over the past year, the charity has worked to review all the documentation it holds. All letters from Hahnemann, Sir John Weir, and other greats from homeopathy's history were carefully reviewed, stored and catalogued.
The charity has undertaken work to integrate Sue Young's History, an amazing online resource of homeopathy's history into the Hahnemann House Trust website to create an even richer historical experience for users. The new website which includes all the histories will launch in 2022.
The Trust over the period provided grants to help ensure the future of homeopathy. Funds were given to enable education of health care professionals in homeopathy.
In reviewing and agreeing all planned activities the trustees have been aware of the public benefit requirement and given due consideration to the Charity Commission published guidance on the operation of the Public Benefit Requirement.
Future Developments
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The books and periodicals in the collection will be reviewed and organised.
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The integration of online historical information from Sue Young's Histories will be completed.
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The Trust will be furthering discussions with organisations interested in long term loans and short-term display of artefacts.
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Identify opportunities in 2022 for events where the travelling display can be exhibited.
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HAHNEMANN HOUSE TRUST
Report of the trustees for the year ended 31 August 2021 (Continued)
Results
In accordance with the Charities Act 2011 as applicable to small unincorporated charities the financial statements comprise a receipts and payments account as set out on page 5 and a statement of assets and liabilities as set out on page 6.
Corporate governance
The staff management team of the trust meet regularly to discuss and implement strategic issues as directed by the trustees and to monitor and control the performance of the trust on the authority delegated by Homeopathy UK.
Reserves policy
Reserves are established and reviewed to ensure that the trust retains a level of funds to meet its forward obligations and to ensure it can reasonably maintain a level of service in line with its objectives.
Investment policy
The charities funds are invested in a pooled fund on our behalf by Investec Wealth & Investment Ltd.
Risk management
During the year, the trustees re-examined the major strategic, business and operational risks, which the trust faces and confirm that systems are in place to mitigate the Hahnemann House Trust's exposure to the full range of risks identified.
Independent Examination
The Trustees in accordance with the Charities Act 2011 have elected to appoint Tara Aldwin of FKCA Limited to conduct an Independent Examination of the financial statements in respect for the year ended 31[st] August 2022.
On behalf of the Board of Trustees
Margaret Wyllie
Chair
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HAHNEMANN HOUSE TRUST
Report of the independent examiners
Independent Examiner’s Report to the trustees of Hahnemann House Trust
I report to the trustees on my examination of the accounts of the above charity (Hahnemann House Trust) for the year ended 31 August 2021
Responsibilities and basis of report
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tara Aldwin ACA FKCA Limited Chartered Accountants 260-270 Great Marlings Butterfield Business Park Luton LU2 8DL
Date: May 27, 2022
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HAHNEMANN HOUSE TRUST
Receipts and Payments Account for the year ended 31 August 2021
----- Start of picture text -----
Unrestricted Total funds Total funds
funds 2021 2020
Receipts
Investment dividends/interest £8,341 £8,341 £10,419
Receipts from Homeopathy UK £14,000 £14,000
Other income £500
£22,341 £22,341 £10,919
Asset and investment sales
Investment Sales £119,015 £119,015 £207,639
Total receipts £141,356 £141,356 £218,557
Payments
Investment management fees £2,149 £2,149 £2,651
Accountancy fees £960
Bank charges £75
Payments to related party £26,587 £26,587 £37,657
Grant paid to Homeopathy UK £37,500 £37,500 £64,000
£67,271 £66,236 £104,308
Asset and investment purchases
Investment Purchases £62,849 £62,849 £126,966
Total payments £130,120 £129,085 £231,274
Net of receipts/(payments) 11,236 12,271 (12,717)
Cash funds as at 31/08/2020 £1,995 £1,995 £14,712
Cash funds as at 31/08/2021 £13,231 £14,266 £1,995
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The notes on pages 7 & 8 form part of these financial statements.
Page 5
HAHNEMANN HOUSE TRUST
Statement of Assets and Liabilities at 31 August 2021
| Cash funds Short term deposits Other monetary assets Related party debtor Other debtor Investment assets Investments Creditors: amomunts due within one year Related party creditor Signature Signature Signed by one or two trustees on behalf of all the trustees |
Unrestricted Funds Restricted Funds Endowment Funds £13,231 - - £13,231 - - Unrestricted Funds Restricted Funds Endowment Funds £19,914 - - £720 £20,634 - - Fund to which asset belongs Cost (optional) Current value (optional) Unrestricted £299,647 £359,045 £299,647 £359,045 Unrestricted Funds Restricted Funds Endowment Funds £12,500 £12,500 - - Print Name Date of Approval Print Name Date of Approval Margaret Wyllie 26 April 2022 John Morgan 26 April 2022 |
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The notes on pages 7 & 8 form part of these financial statements.
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HAHNEMANN HOUSE TRUST
Notes forming part of the financial statements for the year ended 31 August 2021
1 Management and administration expenses
The Hahnemann House Trust has paid no remuneration or expenses to the trustees during the year.
| 2 Tangible fixed assets Cost At 1 September 2020 and at 31 August 2021 Depreciation At 1 September 2020 Charge for the year At 31 August 2021 Net book value At 31 August 2021 At 31 August 2020 3 Fixed assets investments Market value At 1 September 2020 Investments Sales Investments Purchases Unrealised gains at 31 August 2021 At 31 August 2021 Historical cost Investments quoted on the London Stock Exchange Total |
Fixtures and Fittings £2,715 £2,715 - - - - 2021 £366,216 (£119,015) £62,849 £48,995 £359,045 2021 £299,647 £299,647 |
Total £2,715 £2,715 - - - - 2020 £459,486 (£207,639) £126,966 -£12,597 £366,216 2020 £350,827 £350,827 |
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Notes forming part of the financial statements for the year ended 31 August 2021 (Continued)
4 Related Parties
Homeopathy UK is a corporate connected charity with The Hahnemann House Trust and is Trustee. At the year end Hahnemann House Trust was owed by Homeopathy UK £19,914 (2020: £26,179).
A grant totalling £50,000 was made during the year (2020: £64,000) which was provided to the Faculty of Homeopathy and paid directly or through Homeopathy UK. £12,500 remains outstanding at the year end and was paid shortly after.
The receipts and payments on page 5 show the cash movements between the connecting charities. A total of £18,866 (2020: £28,950) of expenses were incurred by Hahnemann House and paid for by Homeopathy UK and therefore reflected the inter-charity balance.
| Storage charges Audit fees Repairs and maintenance Website development PR & lobbying Staff costs General travels Legal and professional costs Other |
2021 2020 9,414 9,753 900 301 0 2,520 7,950 7,255 2,925 139 467 2,970 2,625 596 18,866 28,950 |
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HHT accounts 31-08-2021
Final Audit Report
2022-05-27
Created: 2022-05-27 By: Cristal Skaling-Klopstock (csklopstock@gmail.com) Status: Signed Transaction ID: CBJCHBCAABAA6kyBOnibb4WHOUr_OqewWWC0zTswserT
"HHT accounts 31-08-2021" History
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