Regisiered charlty number.. 2S7118
The Hampshire Housing Trust
Trustees report and financial statements
for the year ended 5 April 2024
Osaffery

The Hampsbire Housing Trust
Charity infomation
Trustees
Mr C A H Wi115 (Chairman)
Mr l M l Balfour
MrTRHWi115
Regtstered Charity Number
257118
Accountants and independent
exarniners
Saffery LLP
Midland House
2 Poole Road
Bournemouth
Dorset
BH2 5QY
PrincRpal address
The Estate Office
Litchfield
Whitchurch
Harnpshire
RG28 7PR

The Hamp5hlre Housing Trnst
Contents
Page
Trusiees, report
Independent examiner's report
Statement of financial activities
Balance sheet
No￿5 to the financial statements

The Hampshlre Houslng Trust
T￿Slee5, report
The Trustees preknt their report together with the accounrs of the Hampshire Housing Trust for the year
ended 5 April 2024.
Hlrtory, ob5ectfves and acdvltles of the Trnst
The Hampshire Housirtg Twst is a sm211 rural charirable housing trust owning ei8ht one and two bedroorn
cottages in Lirchfield. near Whit¢hur¢h in North Hampshire.
Established in 1968. its objectives are to prowde affordable accommodation in a rural communiry setting for
retired agricultural workers and srarrer housing for children of agricultura] workers. The Wdst tnajority of the
charity's fvnds are used ￿ ensure that irs properties are kept in good repair. with regular maintenance and
irnprovements to meet current housing standards. to assist those with disabilities and to help the occupants
have a good quality of life.
Since 2018 it has established the Out and About Club initiative to ￿"ve pensioners in the Whitchurrh are3 the
opportunity to get together and to go on day trips to place5 of interesL This has been done with the support of
Hampshire County Council and Testbourne Cornmunity School in Whitchurch. Wlth up to four wsits 3 year and a
Christmas lunch. These visits have included Exbury Gardens, a canal boat trip on the Kennet and Avon Canal.
and Blenheim Palace. with the nurnbers attending averawng around 40. Thi5 initiative helps to wve pensioners,
many of whom may be living alone. the chance to socialise with others and have an enjoydble day OUL
The objettive ofthe Trusi is as stated the Trust Deed. Yhe Trustees shall stand possessed of the Trust
property and the income thereofupon trust to apply the same either as capital or as income forsuch charitsble
purposes in or connected with Hampshire and its surrounding are3s as the Trustees shall frorn time to time
think fit and so that nD Part ofthe Trust property need be retained or shall be treated as permanent
endowment".
Trustees have examined the major strategic and operallonal risks which the charity face& We can confirni that
Systems are in place to eTJsure these risks are currently minimal. The Twrtees will continue to keep these risks
under review.
During the course oftheyear there were no major th2nges in the occupancy of theTn￿rfs properri
Generdl mainienance and repairs have been carried OUL Now that people use open fires less we removed the
chimney from one bungalow.
The Out & About Club had a very successful year. The new adrnini5trator is doing a very good job. Three trips
were organised and the feedback received from participants has been extremely posiove.
No rent reviews were c2rried out in the year 2$ our agent tsrtexpectedly Ceased trddin& Strutt and Parker.
Newbury have been asked to take on the role and will be conducting a Full rewew of the rent and property
maintenance during 2024.
The Trustees believe that the objettiv¢s ofthe Charity have been fvlfilled. and that theTrust is providinga
public benefiL
Flnanclal review and reserves
The Trust has unreskncted funds of £612.956 ofwhich £347.326 relates to propertie& The remaining reserves
of £265.630 are required for rnajor repairs and maintenance of properties, which are deemed appropria￿ for
the future.
The Tru5t'5 policy is to maintatn sufficient resetves for routine annual expenditure, the fundkng of substantial
capital repairs or improvements to the properties as required and. should the opportunity arise, the provision
of new housing Ln the local area.

The Hampsblre Holl￿nE T￿51
Trustees. report
Statement of TThstee5' re5POJLslbilitles
The irustees are responsible lor preparing the trustees. report and the financial statements in accordance with
applicable law and United Kingdorn Accounting Starjdards (United Kingdom Generally Accepred Accounting
Practicel-
The law applicable to charities in England & Wales requires the trustees to prepare finanaal staternents for
each finaDCj31 year which give a true and fair view of the stste of affaits of the charity and of the incoming
resources and application of resources of the chariry for that period.
In preparing those financial sta*ments the trustees are req￿Ired to=
selert suitable accounting policies and then apply them ConS￿tentIy,.
observe the methods and principles in the Charities SORP IFRS102).'
make judgemenES and esrimates that are reasonable and prudent:
state whether applicable accounting standards have been followed. subject to any material departure5
disclosed and explained in the financial staternents.. and
prepare the financi315tatements on the going concern basis unless it is inappropriate to presume that
the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disc105e with reasonable accurary at
any time the financial positron ofthe charity and eTrable them to ensure that the financial statements cornply
with the Charities Act 2011. applicable accounting regulations and the provisions of the trust deed. They are
also responsible for safeguarding the assets of the charityand hence lor taking reasonable step5 for the
prevention and detection offraud and other irregulariue&
Trustees on...........
.and signed on their behalfby..
MrCAH
Trusteel
man

The Hampshlre Houslng Trnst
Independent examiner's report
Independent examiner's report to the trustees ofThe Hampshire Houslng Trust
I report to the charity trustees on my examination ofthe acmunts ofthe Hampshire HousingTrnst (the Trustl for the
year ended 5th April 2024.
Respectlve responslbilltles of tTUStees and examiner
As the charity trustees oftheTrustyou are responsible for the preparation of the accounts in accordance with the
requtrements ofthe Charities Act 2011 {'the Arf).
I report in respect of my examination of the Trusys accounts carried oui under secDon 145 of the Act and in carr)￿ng
out my examinarion I have followed all the applicable Directions given by the Charity ComTllis5ion undersection 145
151(bl of the Act
Basls of Independent examlnerfs report
My examination was carried our in accordance with the generdl Directions given by the Charity Commission. An
examinauon includes a review ofthe accounting records kept by the charity and a COTnparison ofthe accounts
presented with those records. It also includes considerdtion of any unusual items or di5closure5 in the accounts. attd
seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide
a51 the evidence that would be required in an audit and con5equent]y no opinion is given a5 to whether the accounts
present a'true and ￿1r wew, and the report is limired ro those matters set out in the statement below.
Independent examlner's statement
I have cOmple￿d my examination. I confinn that no malerial marrers have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
l. Accounting records were not kept in respert of the charity as required by section 130 of the Act.. or
2. the accounts do not accord with those records: or
3. the accouots do not comply with the applicable requirements concerning the forni and content of accounts
set out in the Charities (Accounts and Reports) Regulatiot)s 2008 other than any requirement that the
accounts give a'true and tair view, which is not a matter considered as parr of an independent examination.
I have no concerns and have corne across no other rnatters in connection with the examination to which attenuon
should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Casidhe Baleri (ACA CTA)
Saffery LLP
Midland House
2 Poole Road
Bournemouth
Dorset
BH2 5QY

The Hampshlre Housing Trust
Statement of financial activiti¢s
For the year ended S April 2024
Total Funds
2024
Total Funds
2023
Note
Income
Other trading activities
Investments
Other income
44.M8
7.114
323
42,013
4,749
86
51.885
46.848
Resources expended
Charitable 3Ctivities
Other expenses
3,864
19.881
3,342
21,971
[23.745)
(25,313)
Net Incoming resources forthe year
28,1410
21.535
Other recognised galns and losses
Unrealised investment losses
Realised iTEvestment gains
(4.478)
5.171
(7.107]
693
17.1071
Net movement in
28.833
14.428
Reconciliation of fvnds
Toral fvnds brought fowdrd at 6 April 2023
584.123
569,695
Toral funds carried foward at S April 2024
612.956
584.123
The above results are ail from unrestricted fund& There are no restrirted or endowment fvnds.

The Hatnpshire Hou51ng Trust
Balance sheet
As at 5 April 2024
Z024
2023
Note
Fixed a55ets
Tangible assets
Investsnents
347.326
217.295
347.326
205,141
564.621
552,467
Current assets
Debtors
Cash at bank and in hand
731
68.893
805
52.333
69,624
53,138
Current liabllltles
Creditors
Ac£rua15
io
19.369
1,920
19,025
2,457
21.289
21.482
Net current assets
48335
31,656
Total assets less fU￿¢￿t liabilities
612,956
584.123
Represented by
Unrestricted incorne fund at 6 April 2023
Movement in funds during the year
584.123
28.833
569,695
14.428
612,9S6
584,123
The finan
tements on pages 4 to 9 were approved by the trustee5 on
Mrc
H Wills
tee/
TRHWills
Trustee
MrlMIBalfo
Trustee
rnjan

The HampshlTe Housing Trust
Notes to the financial statements
For the year ended 5 April 2024
Accounting polldes
In preparing the accounts the following accounting policies have been compiled with:
1.1 Accounting coDventloD
The financial statements have been prepared under the historical cost convenrion. with the exceptlDn of
listed investments which are included at their rnarket value. The accounts lfinantial st2tements) have been
prepared in accordance with the Ststement of Recommended Prdctice- Accounting and Reporting by
Charities preparin8 their accounts in accordance with the Financial Reporting Stsndards applicable LT) the
UK and Republic of Ireland IFRS 102), and the Financial Reporting S￿ndard applicable in the United
Kingdom and Republic oflreland (FRS 102) aDd the Charitie5 Act 2011 and UK Generally Accepted Practice.
The Hampshire Housing Trust continues to be a publkc benefit entity as defined by FRS 102.
The trustees consider that there are no material uncertsinties about the Trusvs ability to conunue as a
going concern.
l.Z Incoming resources
Income 15 recognised in the period in which the charity is erttitied ro receipt and the amount can be
me2sured with reasonable certainty.
Investment income is included in the accounts when receivable and includes the related tax recoYeTrble.
Investment gains or losses include the sale of investments and any gain or loss resulting frorn revaluing
investnjents to market value at the end of the year.
1.3 Resources expended
Administratiool governance costs represent expenditure incurred in the general running of the charity i.e.
organisational admirtistration and compliance with constitutional and st3tutory requirements etc. These
costs are accounted lor on the accruals basi&
1.4 T￿tion
As a re&ry5tered charity. the Trust is exempt from income tax and capir31 gains tax, but not from the value
added taL Irrecoverable value added tsx is included in the cost of those items to which it relates
l.S Investments
Listed investments are stated at market value at the balance sheet da￿. Any realised gain or loss on disposal
or unreali5ed gain or loss on revaluation is taken 10 the Statement of Financial Actiwtie&
At)y costs associ3ted with the sale or purchase of investrnents is accounted for part ofthe saleor purchase
price of the investments.
I￿ Fund ac(outln8
The chanty maintains the following funds'.-
Income fund- this represents accumulated income from the fixed assets investsnents and cash at bank
and is applied for administerhng the affairs ofthe tharity. This fund may at the di5cretioD of the trustees
be expended for capi¢31 putyos
1.7 Financial instruments
The ¢h>riry has linanaal assets and liabilities of a kind that qualify as basic financial instruments. Basic
financial in5trumenrs are recogni5ed iniualty in the accounts ar transaction price. including any transaction
cosrs. At the end of each accouniing period, basic financial instrurnents are reco8llLsed at amorrised cost.
For debt instruments this is calculated using the effective interest rate method.

The Hampshlre Housing Trnst
Notes to the financial ststernents (contlnued)
Forthe yearended S Aprfl 2024
Accountlng polldes (contlnued)
1.8 Critical estimates and judgements and key sources ofestirnation uncertainty
Ir) the application olthe Charity's accounting policies. the trustees are required to make judgements.
estlTf13tes and assutnption5 about the carrying 3rnount of assets and liabilities that are not readily apparent
from other sources.The estimates are recognised in the period in which the esumate is revised where the
revision afferts only that period. or in the period ofrevision and future periods where the revision effects
both current and fuwre periods. There are DO Critical estima￿$. judgements or key sources of esrimation
uncertairtty in 2024 or 2023.
Income
2024
2023
Renrs received
Investrnent incorne
Interest received
44.448
7,114
323
42,013
4,749
86
51,885
46,848
Charitable activities
2024
2023
Out and About Club
3.864
3,342
3,864
3,342
Other expeD5es
2024
2023
Insurance
Property repairs and maintenance
Litchfield Farnts adrninistrative fees
Computer expenses
Accountan(y
2,478
11,119
3,990
194
2.100
3,214
13,786
3,000
iii
1.860
19.881
21.971
Trnstees rernuneration and expenses
No remunerdtion directly or indirectty was paid or payable out olthe funds of the charity for the years to any
trustee or to any person or persons known to be connecLed with any ofthem.
No reÉmbursernent ofexpenses Iw been made or is due to be made to any of the trustees in respert ofthe
year.

The Hampsh5re Houslng Trnst
Notes to the finanaaj statements (continued)
rY)r the year ended 5 April 2024
Fees for examinatioD ofthe accounts
2024
2023
Independent examinauon and accountanry
1,920
1.560
1,920
1.560
Tangible fixed assets
2The
Village.
L5tchfield
5.6.7 & 8 3.4 & S jubilee
Grenage,
Close,
litchfield
Litrhfield
Total
Cost
Ai 6 April 2023 &at S April 2024
IS2,378
45.793
149.ISS
347,326
Depreciation
At 6 April 2023 & at S April 2024
Net book value
At 5 April 2024
152.378
45.793
149.155
347,326
At 5 April 2023
152.378
45.793
149.155
347,326
The above properties are not depreciared 3s the residual property value is deerned to be greater then the
carrying amount of35sets below).
ValuatioD
The trustees beleive that the following open market valuations are appropriate as at the Balance Sheet date..
2The
Village.
Lit£bfield
S,6,7 & 8 3,4 & 5 jubilee
Grenage,
Close,
Litchfield
litchfield
Total
Valuation
332.480
831.200
997.440
2.161.120
Ifthe above values were to be incorpordted into the accounts. the Net Asset Value of the Trustwould be
reSta￿d to E2,426.750 {2023.. £2,316.797J

The Hampshlre HousiDgTn
Notes to the finaDaal statements (contlnued)
For the year ended S April 2024
Fixed asset investments
2024
2023
C05t
At 6 April 2023
Additions
Rewdluation
Disposals
205,141
42,996
(4.478)
(26,3641
161,679
50,569
(7.107)
At S April 2024
217.295
205.141
Splii as-.
Listed investments
Cash
167,295
50.000
155.141
50.000
217,295
205.141
Historical cost of iDvestmentsat 5 April 2024
195,404
19S,404
The investrnents are all listed on the London Stock Exchange and are therefore deemed ro be investment
assets in the UK.
Debtors
2024
2023
Amounts talllDg due wlthin one year.
Trade debtors
Prepayrnents and acLTued incorne
114
617
297
S08
731
805
10 Credltors
2024
2023
Trade creditors
Other rredktDrs
344
19,025
19.025
19,369
19,025