REGISTERED CHARrrY NUMBER- 256453 Report ofthe Trnstee5 and Llnaudhed Flnandal Statements forthe Year Ended 5th Apru 2024 E F AND M G HALL CHARrrA8LE TRUST TC Group OfFice'. Croydon-rc swp 3rd Floor. Suffolk House George Street Croydon CRO OYN
E F AND M G HALLC+LARITA8LE TRUST Conténts of the Financial Ststements forthe year ended 5th Aprll 2024 Report of the Trustees Independent Examine5 Report ststement of Flnanclal A¢t1¥hS Balance She*t Note5to the Hnanclal Statsments 6 to 9 DetailÈd Statefflent of Fthancial Athltles io
E F AND M G HALLCHARITA8LE TRUSY Report of the Trurtees for the year ended 5th Aprll 2024 The trustees present their report with the financial statements of the charity for the year endetl 5th April 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.- Statement of Recommended Practice applicable to charities preparing their accounts in acc¢)rdance wth the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191. oBJEIVEs AND ACTivmES Objertlves and actlvltles for public benefft The tharity is established for general charitable purposes. providin8 grants to other charitie5 at the discretion of the trustees. The trustees contirm that they have referred to the guidance contained in the Charity Commisslon's general guidance on public benefit when vIeW1n8 the Trust's atms and objectives and Setting the grant making policy for the year. Grantmakln8 pollcy The Trust hès established its grant makln8 poliLy to athievÈ its objertNes for the public benefit to provide funding for work carried out by operational charities, both locally and in the wider area. Grants are made at the total discretion of the trustee5, who support the work of charitable or8ani5ations In which they have an interest. ACHIEVEMENT AND PERFORMANCE Charltable artlvltles The charity delivers public benefit solely by way of 8rant making. One hundred and sixty individual grants were made in the year. ranging from a few small donations of under £50 up to £5,0(K). The majority of the 8rants ma(Je were between £250 and £2,(KKI. FINANCIAL RVrfIEW Investrnent pollcy and oblertlves The aim of the trustees is to invest the funds of the tharity in a balanced way to generate a good level of income and also some capiral appreciation for the future. The flnanclal position ol thi5 charity at the end of the year is shown in the accounts. Reserves policy As a grant making trust. the charrty invests its reserves to generate annual income to pay ovt in grants. The trustees do not antiopate buildin8 up further reseTve5 and will endeavour to distribute as much of the charity's income as possible each year. A cash Te5erve, aver3ging approximately £SO,(MJ), will be rnaintained in order that the trustee5 can make gonts evenly throughout the year and not have to rely on the timing of the reipt of investment income. sTRUURE. GOVERNANCE ANO MANAGEMENT Governlng document The charity is controlled by its governing document. a deed of trust and constitutes an unincorporated charity- Recrultment and appointment of new trustees The power to appoint new trustees lies with Mr l.F. Hall. Trustees are selected from thè members of the Hall famlly. The trustees give their time freely and no trustee remuneration was paid in the year. REFERENCE AND ADMINISTRAnVE DETAILS Regi51ered Charbty number 256453 Prlnclpal address Shove15trode House Hanmerwood East Grinstead West Sussex RH19 3PH Page I
E F ANO M G HALL CHARThABL£ TRUST Report ofthe Trustee5 for the year ènded 5th April 2024 T¥ustees Mr lan Finden Hall Mr Anthony Eric Finden Hall Joanna Easton Mr Andrew Davld Fin¢Jen Hall Independeni Examlner Alasdair Weaks TC Group Office.. Croydon- TC 5WP 3rd Floor. Suffolk House George Street Croydon CRO OYN Approved by order of the board of trustees on........... £ot< . and signed on its behalf by.. Mr13n Finden Hall- Trustee Page 2
Independent Exarnlner's Report to the Trustees of E F and M G Hall Charltable Trust Independent examlnerfs rèport to the tteeS of E F and M G Hall Charltable Trust I report to the charity trustees on my examination of the accounts of E F and M G Hall Charitsble Trust (the Trust) for the year ended 5th April 2024. ResponslbS1Stles and basls Ot report As the charity trustees of the Trust you are SponSible for the preparation of the accounts in accordance with the requirements of the Charities Art 20111.the Act'l. I report in respect of my examination of the TTUSt's accounts caffied out under Section 145 01 the Act and in carrying out rny examination I have followed all applicable Dirertions 8iven by the Chaaty Commission under Section 145lSllbl ofthe Art. Independent exarninees 5taternent I have completed my emamination. 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 fespert of the Trust as quired by Sedion 130 of the Act.. or the accounts do not accord with those records- or the accounts do not comply with the applicable requirements concerning the form and content ol accounts set out in the Charities IAccounts and Reports) Regulations 21N)8 othef than any requirernent that the accounts give a true and fair view which is not a matter considered as part of an independerft 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. Ala5dair Weaks TC Group Office.. Croydon - TC SWP 3rd Floor, Suffolk House Geor8e Street Croydon CROOYN Date.. Page 3
E F AND M G HALL CHARITA8LE TRUST Ststement of Flnanclal Artlvoties for the year ended 5th Aprtl 2024 5.4.24 5.4.23 Total funds Unrestricted fvnds Notes INCOME AND ENDOWMENTS FROM Inve5trnent income 147.557 142.333 EXPENDITURE ON Charitable activities Donations Accountancy and legal Postage and stationery 135,650 1.260 85 147.280 1.299 Totsl 136.995 148,643 Net 8alns on investments 205,078 79.662 NINcOmE 215,640 73,352 RECONCILIATION OF FUNDS Total funds brou8hi forward 2,936,796 2,863.444 TOTAL FUNDS CARRIED FORWARD 3.152.436 2,936,796 Thè noles form part ofthese financial statèments Pa8e 4
E F AND M G HALLCHARITA8LETRUST Balance Sheet 5th AprS12024 5.4.24 Unrestricted funds 5.4.23 Total funds Notes FIXED ASSETS Investments 3.127.360 2.922.282 CURREp¥f A55ETS Cash at bank 26,351 15.789 CREDITORS Amounts falling due within one year 11.2751 11,2751 NET CURRENT ASSErs 25,076 14.514 TOYAL AS5Efs LESS CURRENT UABIUTIES 3.152.436 2,936,796 NET ASSETS 3.152.436 2,936,796 FUNOS Unrestricted funds.. General fund 3,152,436 2.936.796 TOTAL FUNDS 3,152,436 2.936,796 The finan ial statements were approved by the Board of Trustees and authorrsed for issue on o.z<......... and were %8ned on its behalf by: Mr lan Finden Hall- Trustee The notes form part of these finanoal statements Pa8e S
E F AND M G HALLCHARThABLE TRUST Notes to the Flnanclal Statements forthe year ended 5th Aprll 2024 ACCOUNTING POUCIES Basls of preparint the financial statements The financial statements of the charity. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Actounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republtc of Ireland IFRS 1021 (effective I january 20191,, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the VK and Republic of Ireland, and the Charities Art 2011. The financial staternents have been prepared under the historical cost convention, with the exceptton of investments which are included at market value. as modified by the revaluation of certain assets. The trust constltutes a public benefit entity as defined by FRSIO2. The charity has taken athantage of the following disclosure exemptions sn preparing these financial Statements. 35 permitted by FRS 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland,: the qUirements ofsection 7 Statement of Cash Flows- the requirement of para8raph 3.17ldl.' the requirements of paragraphs 11.42, 11.44, 11.45. 11.47. 11.481alliiil. 11.48lallivl, 11.48lbl and 11.481cl,' the requirnents of paragraphs 12.26, 12.27, 12.29131. 12.29lbl and 12.29A. Incomè All income Is reco8nised in the Statement of Financial Activtties once the charity has entitlement to the funds, it is probable that the incomè will be received and the amount can be measured reliably. Expendlture abilitie5 are reco8nised as expendTture as soon as there is a legal OT constructive obligation cornmitting the charity to that expenditu, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured lIablY. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to actwitie5 on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditufe. Taxation The charity is exempt from tax on tts tharitsble actities. Fund auounting All the charity's funds are unre5trirted and fvntls comprise investment income and other incomin8 resources receivable forthe objects of the charity wr(hout further specified purpose and are available as general funds. Fixèd 355et inve5trnents Investments a a form ol basic financial instrument and are initially recognised at their transaction value. Investments that are listed on a reco8nlsed stock exchange are subsequently measured at their fair value at the balance sheet date using their closing quoted market price. Unlisted investments are stated at their closing market value as calculated by the investee company. The statement of financial aCt$tieS indudes the net gains and losses èrising on revaluation and disposals throughout the year. Flnon¢lal Inrtruments Other than the charity's investments as noted above. all charity's debtor and creditor balance5 are considered to be basic financial instruments under FR5102. These balances are reflected at the transaction price and then subsequently at settlement value if significantly different. Pa8e 6 contlnued...
E FANO M G HALLCHARITA8LE TRUST Notes to the Finznual Statements- contlnued fDr the year ended 5th April 2024 INVESTMENT INCOME 5.4.24 5.4.23 DNidends received Deposit account interest 147.557 142,331 147.557 142.333 CHARITABLE AcnviTIES COSTS Grant funding of actiwties Isee note 41 Support Costs Totals Donations AccountanLy and legal Postage and stationery 135.6SO 135,650 1,260 85 1,260 85 135.650 1.345 136,995 GRANTS PAYABLE 5.4.24 5.4.23 Donations 135,650 147.280 All doftations are made to charitable instttubon5. 160 donations We made in the year. ranging from small donation5 of less than £50 to larger donations up to £5.000. The largef donations Ith05e of £3.Cm or morel. some of whith comprise more than one donation, were a5 follows:. Cancer Research Chestnut Tree House Aedwings Horse Sanctuary Save the Children Dementia Support Friends ol Sussex Hospices Macmillan Cancer Support Taylor Made Dreams 9,5LY) 9,0 4,0(KJ 3,OCQ Pa8e 7 continsjed...
E F AND M G HALLCHARITABLE TRUST Notes to the Flnan¢lal Statements- contlnued for the year ended 5th April 2024 TRUSfEES' REMUNERATION AND BENEFfTS There were no trustee5' remuneration or other benefits for the year ended 5th April 2024 nor for the year ended 5th April 2023. Trnstees. expen5e5 There were no trustee5' expenses paid for the year ended 5th April 2024 nor for the year ended 5th April 2023. FIXED ASSET INVESTMEl¥fS Listed investrnents Unlisted investments Totals Opening value as at 6th April 2023 Additions Revaluations 260,952 2.661,330 2,922.282 69.210 135,868 205.078 Closing value as at 5th April 2024 330.162 2.797,198 3,127.360 The investrnent portfolio, none of whith i5 invested in assets outside the UK, is eomprised:_ Alliance Trust PIC D.C. Thomson & Cornpany Ltd 26.930 ordinary shares 330,162 23.345 ordinary shares 2.797.198 3.127.360 CREDITORS.. Amouiifs FALLING DUE WttHIN ONE YEAR 5.4.24 5.4.23 Other creditors 1,275 1.275 MOVEMENT IN FUNDS Net movement in funds At 5.4.24 At 6.4.23 Unreslrlcted funds General fund 2.936,796 215,640 3.152.436 TOTAL FUNDS 2,936,796 215,640 3,152,436 Page 8 continued...
E F AND M G HALL CHARITABLE TRUST Notes to the Ftnanclal Stattrnents- continued for the year èndèd 5th Aprfl 2024 MOVEMENT IN FIJND5- contonu Net movernent in fvnds. includeil in the above are as follows= Intoming re50urce5 Re59Ufces expended Gains and losses Movernent in fund5 Unrestrlrted fvnds General fund 147,557 1136,9951 205,078 215,640 TOTAL FUNDS 147.557 1136,9951 205,078 215.640 Cornparatives for movement in lunds Net movement in funds At 5.4.23 At 6.4.22 Unrestricted funds General fund 2.863.444 73.352 2,936,796 TOTAL FUNDS 2,863,444 73,352 2,936,796 Comparative net movement in funds, Fncluded In the above are as follow5= Incoming fesources Resources expended Gains and 1055e5 Movement in funds Unrestrkted fvnds General fund 141333 1148,6431 79,662 73.352 TOTAL FUNDS 142.333 1148,6431 79,662 73,352 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 5th April 2024. Page 9