# Trustee Report and Financial Statements Year ended 31 August 2022 |CONTENTS|Page| |---|---| |1. Report of the trustee|3| |2. Activities of the charity|4| |3. Report of the independent examiner|7| |4. Receipts and payments account|8| |5. Statement of assets and liabilities|9| |6. Notes forming part of the financial statements|10| The Trustee is Homeopathy UK, which has a board of trustees. The trustees who served on the board of Homeopathy UK during the year and up to the date of this report were as follows: Mrs Margaret Wyllie – retired 3 May 2023 Mr John Morgan – Chair Mrs Patricia Donnachie - resigned 6 March 2023 Mr Peter Gregory - appointed 23 January 2023 Mr Donald Gunn Ms Selina Hatherley – appointed 6 October 2022 Mr Richard O’Quinn Mr Robert Orchard Dr Gary Smyth Ms Elizabeth Tucker – retired 3 May 2023 Joanna Jensen – appointed 23 Oct 2022/resigned 12 Dec 2022 ## Stockbrokers Investec Wealth & Investment Limited, 30 Gresham Street, London EC2V 7QN ## Independent Examiner Sayer Vincent LLP, Invicta House, 108-114 Golden Lane, London EC1Y 0TL Registered charity no: 252702 (England & Wales) ## Registered office: c/o Homeopathy UK, Hamilton House, Mabledon Place, London WC1H 9BB 2 ## REPORT OF THE TRUSTEE: The trustee presents its report together with the financial statements for the year ended 31 August 2022. Trustee and legal status: The trust is a registered charity. The governing instrument is a Deed of Trust made on 9 December 1920, 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 number 235900) and a company limited by guarantee (company number 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’s Council and simultaneously guarantee members of the company. Law applicable to charities in England and Wales requires the Trustee to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the period and of its financial position at the end of the period. The Trustee is responsible for keeping proper accounting 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. 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 Trustee is responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. No trustee has received any remuneration, aside from out-of-pocket expenses. ## Objects: - As a public museum for the housing and exhibition of relics formerly belonging to Dr. Samuel Hahnemann or any of his disciples. - As a public library for the housing and reading of the publications of Dr. Samuel Hahnemann and his immediate disciples. - 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. 3 ## ACTIVITIES OF THE CHARITY: ## Previous years: The items of furniture belonging to Dr Samuel Hahnemann, which were loaned to the town of Koethen in Germany where Hahnemann lived for sixteen years, continue to be displayed at Hahnemann House and the Castle Museum. - In 2017/18, a committee was established to: - Review all aspects of the collection - Catalogue and photograph all artefacts - Determine how to maximise public viewing of artefacts It was agreed to establish an online museum to ensure the largest number of people could view and appreciate the artefacts. A new visual identity was created for the charity and in October 2019, the website www.hahnemannouse.org launched. 4 Activities during the year: During the last financial year, the charity has undertaken the following work: Organisational work : on-going review, storage and cataloguing of documentation and artefacts. This includes all letters from Hahnemann, Sir John Weir and other key people from homeopathy's history. Sue Young Histories : historian Sue Young has curated an in-depth online resource focusing on the history of homeopathy. She has donated this resource to Hahnemann House Trust. Historian, Mel Draper PhD has edited and enhanced several hundred of these histories which have been integrated into the Trust’s website, providing users with an even richer experience. Historian Sue Young Samuel Hahnemann 5 Activities planned for 2022-23: - Identify and engage with organisations who are interested in short or longterm loans of artefacts to display. - Secure fund-raising support to secure grants to assist in funding work to review and catalogue all the books and printed materials held in the collection - Promote the Trust more widely and create its own social media accounts. - Take a small number of items from the collection on display to appropriate events. In reviewing and agreeing all planned activities, the Trustee has 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. ## Corporate governance The staff management team of the trust meet regularly to discuss and implement strategic issues as directed by the Trustee 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 charity’s funds are invested in a pooled fund on our behalf by Investec Wealth & Investment Ltd. ## Risk management During the year, the Trustee 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 Trustee in accordance with the Charities Act 2011 has elected to appoint Noelia Serrano FCA of Sayer Vincent to conduct an Independent Examination of the financial statements in respect for the year ended 31[st] August 2022. The annual report has been approved by the Trustee on and signed on their behalf by: Margaret Wyllie Chair Date: 3 May 2023 6 ## HAHNEMANN HOUSE TRUST ## Report of the independent examiners ## Independent examiner’s report to the Trustee of Hahnemann House Trust I report to the Trustee on my examination of the accounts of Hahnemann House Trust for the year ended 31 August 2022. This report is made solely to the Trustee as a body, in accordance with the Charities Act 2011. My examination has been undertaken so that I might state to the Trustee those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the Trustee as a body, for my examination, for this report, or for the opinions I have formed. ## Responsibilities and basis of report As the charity Trustee of the Charity, 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 Charity’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 giving me cause to believe that in any material respect: - Accounting records were not kept in respect of the Charity as required by section 130 of the Act; or - The accounts do not accord with those records. 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. ## Signed: ## Name: Noelia Serrano FCA Relevant professional qualification or membership of professional bodies (if any): Institute of Chartered Accountants England and Wales Address: Sayer Vincent LLP, Invicta House, 108-114 Golden Lane, London, EC1Y 0TL Date: 21 June 2023 7 ## HAHNEMANN HOUSE TRUST Receipts and Payments Account for the year ended 31 August 2022 |Receipts
Investment dividends/interest
Receipts from Homeopathy UK
Asset and investment sales
Investment Sales
Total receipts
Payments
Investment management fees
Accountancy fees
Bank charges
Payments to related party
Grant paid to Homeopathy UK
Asset and investment purchases
Investment Purchases
Total payments
Net of receipts/(payments)
Cash funds as at 31/08/2021
Cash funds as at 31/08/2022|Unrestricted
funds|Total funds
2022|Total funds
2021| |---|---|---|---| ||£8,141
£0|£8,141
£0|£8,341
£14,000| ||£8,141|£8,141|£22,341| ||£56,117|£56,117|£119,015| ||£64,258|£64,258|£141,356| ||£1,974
£1,140
£94
£15,000
£12,500|£1,974
£1,140
£94
£15,000
£12,500|£2,149
£960
£75
£26,587
£37,500| ||£30,708|£30,708|£67,271| ||£34,835|£34,835|£62,849| ||£65,543|£65,543|£130,120| ||||| ||(1,285)|(1,285)|11,236| ||£13,231|£13,231|£1,995| ||£11,946|£11,946|£13,231| All 2021 funds were unrestricted. 8 HAHNEMANN HOUSE TRUST Statement of Assets and Liabilities at 31 August 2022 ## All 2021 funds were unrestricted. |All 2021 funds were unrestricted.|||||| |---|---|---|---|---|---| |Cash funds
Short term deposits
Other monetary assets
Related party debtor
Other debtor
Investment assets
Investments
Creditors amount due within one year
Related party
Signature
Signature
Signed by one or two trustees on behalf of the Truste|Unrestricted
Funds|Restricted
Funds|Endowment
Funds|~~2021~~
Unrestricted
Funds|| ||||||| ||£11,946|-|-|£13,231|| ||||||| ||£11,946|-|-|£13,231|| ||Fund to which
asset belongs|Cost
(optional)|Current value
(optional)|2021
Cost|2021
Current value| ||||||| ||||||| ||Unrestricted|£294,536|£305,267|£299,647|£359,045| ||||||| |||£294,536|£305,267|£299,647|£359,045| ||Unrestricted
Restricted
2021
Unrestricted
-
-
£12,500
-
-
12,500
Print Name
Date of Approval
Margaret Wyllie
03/05/2023
Print Name
Date of Approval
John Morgan
03/05/2023
e||||| 9 ## HAHNEMANN HOUSE TRUST Notes forming part of the financial statements for the year ended 31 August 2022 |1 Management and administration expenses
The Hahnemann House Trust has paid no remuneration or expenses to the T
2 Tangible fixed assets
Cost
At 1 September 2021 and at 31 August 2022
Depreciation
At 1 September 2021
Charge for the year
At 31 August 2022
Net book value
At 31 August 2022
At 31 August 2021
3 Fixed assets investments
Market value
At 1 September 2021
Investments Sales
Investments Purchases
Unrealised gains /(losses) at 31 August 2022
At 31 August 2022
Historical cost
Investments quoted on the London Stock Exchange
Total|rustee during t|he year.| |---|---|---| ||Fixtures
and Fittings|Total| ||£2,715
£2,715
-|£2,715
£2,715
-| ||-|-| |||| ||-|-| ||-|-| |||| ||2022|2021| ||£359,045
(£56,117)
£34,835
(£32,496)|£366,216
(£119,015)
£62,849
£48,995| ||£305,267|£359,045| |||| ||2022|2021| ||£294,536|£299,647| ||£294,536|£299,647| 10 Notes forming part of the financial statements for the year ended 31 August 2022 (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 £5,743 (2021: £19,914). A grant totalling £Nil was made during the year (2021: £50,000) which was provided to the Faculty of Homeopathy and paid directly or through Homeopathy UK. The receipts and payments on page 8 show the cash movements between the connecting charities. A total of £29,172 (2021: £18,866) of expenses were incurred by Hahnemann House and paid for by Homeopathy UK and therefore reflected the inter-charity balance. |Storage charges
Repairs and maintenance
Website development
Homeopathy UK staff time
General travels
Legal and professional costs
Postage, Freight & Courier
Other|2022
2021
10,558
9,414
-
301
8,885
2,520
590
2,925
13
139
8,607
2,970
519
-
-
596| |---|---| ||29,172
18,866| 11