The Helltk e¢HdmPstelldSoiiety
Registered Charity No.. 281782
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 DECEMBER 2023
FISHER PHILLIPS LLP
Chartered Accountsnts

THE HEATH & HAMPSTEAD S¢XIETY
LEGAL AND ADMINISTRATJVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees Idurin9 the year ended 31 DÈ¢ernber 2023
and thereafter, until the date of approval of these
financial statements)
Lord Man
M HLrtchinson
M Clark-Darby
J Beyer
D Casye
L Austsn
F Harding
V Harding
A Haslam-Jo￿s
J Learmond-cnqui
R Linger
T Radice
M Raman
Prof J VV4ge
J Weston
Regist8r8d charity number
261782
prtnctpal place of business
PO Box 38214
London
NW3 1XD
Accountants
Summit House
170 Finchley Road
London
NW3 6BP
Bankers
Uoyds Bank p
CCLA Investh)ent m￿ageMent
Senalor House
85 Queen Vicioria Street
London
EC4V 4ET

THE HEATH & HAMPSTEAD SOCIETY
CONTENTS
Pages
Tnjstees, ReFort
Independent Examinerfs Report
Stslemenl of financial activftieg
Balance sheet
Notes to the financial stslements
9- 11

THE HEATH & HAMPSTEAD SOCIETY
TRUSTEES, REPORT
The tmslees present thèir report tO98ther with the ￿nanCIal statements of lh8 SocEly for the year ended 31 DÈYember 2023. The financial
statements have been prepared in accordance wth the 2Lcounbllg pdic*s s&t outon pages 9-11 and compWwth applicable law.
Constitution and governance
The S(Kiety Is an unincorwraw association conststuted under its govetniro document, the Swety's ¢onstilut*)n, adopl8d on 19 June
2012. The Society$ su￿0mm￿tees are regulated by a serEs of bye4aws. All signfficanl dec￿lonS att￿"n9 the Swiety are taken by the
GenÉrJl Committee. which meèts everylwo months.
TrLEt8es Ilhe members ol sOc￿ty's General Committee) are mostly d8cted. Scffle ara ele¢ied for three-year terrns at the annual
gsnera rneeting. The offi￿r$ (President, Chair, Treasurer, Secretary) are élected annually 31 the annual general meeting. The th￿e Vi¢e-
Chairs (the chairs ol the Societls three perrnanent sukommitteesl and the S￿Iety's representative on the statjtory City ol London
Hampsts* Heath Consuttative Commrttee are apwinted by the trustees. The trus* occasionally appoint other persons as trustee51o fill
temporary V￿ancIeS on the Genepl Committee. The maximum pem]itted number ol trustees is 20. New trustees a￿ given the current
Charty Commission guidance on trusteeship and have a discus￿￿ about their outs'￿ with Ihe So¢iety's Chair la soiicitorl. Most of the
trustees are have b￿n Iwstees 010th￿ charities.
The trustè8$ nam& under Legal and AdminthtFve Information have Serv￿ as detaikd.
The Society d￿$ not employ staff and none ol ts tW51ees or sutFwmrnitt* membets is remunerated. Al the ¢haritable wod< of the
S¢KietY is perfomed by volunteer5.
Chaiitable objects
The objects ol the Society are,"
1. To preserve those part5 of Hampstead Heath which are Subj￿ to s.16 of the Hampstead Heath Act 1871 in their wild and natural state.
and also to presenfe the natura and characteristic fèature5 of the other parts of the Heath, lar as is Gonsistenl with their enpymenl by
the public.,
2. To prtsmote and maintain the amenities and ¢h3racterist'cs of the environs olthe Heath, and ollhe buildings and streets of Hampstea..
3. To promote public interest in th& study of natural history, conseNation ald the history of the a￿38 referred to in 1 arKJ 2 above.
Main actiV￿e$
The main acti¥￿e5 olthe Society in relation to 115 objects Iby reference to the numbered obftGtsI have been as fdlows..
1. The S￿iety makes fegulai representations lo the City ol London Cotporation in several fotums ¢on¢eming the Conser￿￿.0￿
m￿agernent of the Heath.. the Hamp51ead Heath Consuktive Committee and the Hamp$te￿I Heaih Sports Forurn. The Societls Heath
su￿CoMmittee undertook inspeGtion walks ol difEerenl parts of the Heath, xcompanied by Heath st8tf. lo monitor the conservation ol the
He8th. The SOc￿ty is also repr￿&￿ted on the Hanpstead Heath Man4emènt Committee, the statutory b￿Y which manages the Heath on
beha￿ of the Cty.
2. The Society conlinu&l to parbupate in thè preparal'on of various draft policies to be pr0Mu￿ated under Ihe Cty ol Londm Corporath)n
Iopen Spaces) Act 2018. 8 pr￿vate Act lor the better wulats.on of the City's Op￿ spaces. includiThJ Hampstead Hèath. Parbcipal'on
included ￿eetingS ￿th the City and stakeholders for discuwon on policy and actual drafbng. The Society continued lo work with the Cityto
idèntrfy the exists'ry preferred nestiry arèas ol Heath biids and to fomulate a strategy for rubbish recycling, and the hugh increase in visitor
numbers following Ihe Covhy pandemic. The Chair and mgrnber5 of the Heath sU￿C0￿M￿tee met regtslarlywith Ihe Superintendent of the
Heath to monrtoi discu￿ all operational issues affeckn'ro the Heath.
P8ga I

THE HEATH & HAMPSTEAD SOCIETY
TRUSTEES. REPORT
Main a¢tNities leontinuedl
3. The Souety has continued lo gJpport Camden Council in relation to ongoing and successful enfOr￿ment ￿tion over the erection of
Unla￿ul Struthres allhe South Farground Site IMOLI atthe va￿ ol Health.
4. The Society ￿ViewS and comments to Camden Council on signrficant planning applications in HarDpslead and on the fringes of the
Hèath The Soiety opposes inappropriate development and contributes financially to, and in w £d￿lSOry or expert role at. planning
peals, espeoaly those involving a seriously harrnlul developtnenl or one which involves the setb.ng of a hamfijl pr￿dent. The
Society is in constant con* with Camden Council in relat￿n to pla)ning. development. conservation and traffic issues. The Society
also assists residents and other5 in OppO￿n9 inappropriate licensing applicat￿￿5. typically for ertwded alcohd I￿enCeS. The S￿iety
canpayJns in support of local independent shops. and ru￿ the Hampstead Card scheme forth8t purpose.
5. The Society was a leading and su¢£essful objector in 20L to Camden Counal las the local planning authortyl in rel8b.on lo the
redevebpment ol a large builderfs yard knobvn as Murphys Yard at Gospel Oak on the southéastern tip ol the Heath, an oversred
residential and cofflmercial development with no green Spa￿ of ts own, indudiny high nse lowers which woukl have bbcked important
and historic Vie￿ from and lo the Heath ènd cast shadow over parts of the Heath in vllnterlime. the application forwhi¢h was wthdrawn
by the developer. The Soaety conb.nues to provide ad￿ce and suggest￿￿ Isome ol it expertl lo the developer and Camden Council on
the type oldevelopmentfor the which ￿Uld be aG(Eptsble.
6, The Society conb.nued lo support a campagn to prevent the demolition- Mryth a view lo the ￿nStrUction ol high-rise luxury fiat5 - of
Queen M3W5 House, a former matemty hospital on a large 5its on the edge of East Hampsteaj Heath, presentsy owed by the RDya
Free Hospital. This campaign succeeded in earty 2024 when the loca planning authority resolved to P￿VentfUtUre demolrtion.
7. The s￿ety organised monthty public edu¢*'onal walks on the Heath and publithed three n&vtsletters. The SoC￿ty continued the
heme for the erect￿ll olcommemotalive plaques on Hampstead buildings.
8. On 25 May, Jusbn Ro￿att Climate Editor. BBC, gave the Inaugural Hunter Davies Lecture to SOc￿ty members and the public, at
fijll Rosslyn Hill Chapd, ent.ded 'Clirn*e Change- a rewjrt from the fronyine The lectu￿ was streamed live lo s￿ety members and
9. On 28 Septemberthe Sooety hosted the ￿nua Springett Leth￿ given by Jonathan Meares, the Cty of London's Conservation and
Trees Manager foi the Heath, at Rosstyn Hill Chapel The lecture is fijnded by a legacy from the late Kate Springett, founder of the
Marylebone Birdwatching So(Aety. The lecture w enknued 'Hampstead Healh and Climate Change. and strearned Iwe to Souety
members and the public.
10. Originally held lo mark PUbl￿1Y the sesquI￿ntenary ol the Hampstead Heath Act 011871. the Act of Padiamentth* saved the Heath
lor the nation in perpetuity. the So&ety hosted a repetition of hyo spe¢i?l events in the S￿MMer01 2023.. 8 free krte-flwng display (with the
'te Society of Great 8ritainl on Parfiament Hill Isomelirnes known as Kite Hill) and a live, free public concert on the Heath. called the
Natural Aspect Concert lin reference lo the Society's first charilabie object and the language ol the 1871 Act) and thi¢h atmed a
record 1,500 audience.
The purpose ol the events was lo draw public attents.on to the signn1c3n￿ of the annwer5ary ol the Ad and what il ha5 ￿h￿Ved in its
150 year5, to encouwje more wsitors to the Heath and lo make all ￿Sttor3 awa￿ ol the Hetlh's ifflPOTtsnce as, arguably, London'5
greatest open spa￿, and to edueate them ah)ul the need for ils continuing proteth"on.
11. In September, the Souety organised the relum ol graang Sheep to the Heath Ilaslseen 2019, before the pandemic).
12. The Swety continued its project ol a ch8nging display of fwr series of large infomation bo8rds on the tringes ol the Heath
educating vrsiiors, in a seasonal contert aboulthe Heath's wildlife and bitsjiversity and the need fortheir protection.
All such actiV￿.e$ were lor the public benefft. The tharity does not have indmdual ￿ner￿laries.
Pa9e2

THE HEATH & HAMPSTEAD SOCIErY
TRUSTEES. REPORT
Main achievements
Apart from the a¢bvilY&s dwribed above, Ihe Society's main *hievements for2023 have been".
1. The ¢onb"nued infiuence on Camden Council in relation to the proper application ol ils own and lo￿1 neighbourhotsj planning
poIic4es.
2. The contsnuab.on of a phot￿raphIC compeb.tion #myharnpsteadh&ath which has atracted well Dver 7.000 entries. Winning
entries have appea￿d in the local press. One purpose ol the ¢ompeb"lion is to promote awareness of the Heath and its
importan￿.
3. The obtsining ol various tree preservab.on ordets within Hampslead and Successful enforcement action in relation lo unl3￿1
tree-felling.
4. The ￿ntinued improvement Df the Souety website. wlh related Twttter, Facetook and Inst4ram links for the Souety,
conkining among olherthings. an inleract.ve and educab.ona map. accewble via an app. ol Hampslead Heath.
S. Thg continued Mlh the church authorities to restore the tomb ol the att'st Constable in the churchyard of St John-at-
Hampstead.
6. The Sooety supwrted the successful ￿reatiOn of a fomier pond on the Heath at Branch Hill, known as 'Constable's PoTrl'
l)ecausp the original featured in one of his Heath painbngs.
Plans forthe future
The &uety, In wew of their success ar￿ popularity, in 2024 also continue to host the Kite Display and Natural Aspect Concert
Is8e above) and arrange Ihe retum ol grazing sheep to the Heath for an extended period in September.
The Society wll mntinue to resist a new application lor a ￿r￿ffiCate ol lathl use in respect ol the Norih Fairground Sik IMOLI al
the Vale of Health, where Ihe owner seeks permi%sion from Camden Council in effectlo operate the gle as a comrnercial ￿raVan
park.
The Sooety will also host the second HLJnter Dawes ledure, Whe￿ Ihe speaker Mll be Tudur Allen, the Local Studies and
knhives Managerforthe Borough of Camden.
Resetves policy
The Sc¢iety's policy on reserves is as follows.. The Swiety mainlwns reserves to ￿Ver appr0￿matelY one ha11-y￿rf$ expected
annual eyendilure, iogetherwith funds to enable illo pursue ils objects as descllbed above. There a￿ no funds in deficit.
Assets as custodian trustee
The holds no assets as DJsiLkJian tnstee apartfrom ￿rtain pubiicalions and local paintings forsale or resale.
PaJe3

THE HEATH & HAMPSTEAD SOCIETY
TRUSTEES, REPORT
Finan¢ial review
The Instees are Satisfi￿ wrth Ihe financial perfornian￿ of the Society in this year.
Principalnsks and unc&rtaintffes
The Iruslees do not loresee any signfficanl risks lo the Society or its operations, or any particular uncertainties facing it Al
the end of 2023, the Sc¢iety's membership stood 812,09912,062 in 20221, ol whKh 5641540 in 20221 were life m￿nber$.
The ￿rk ol the SocEty could be adversely affected by new or changed govemmenl legislation or poliies, al nalH)n81 or
local level, bul the SIKiety is not presenlty aware of any such legislation or policEs.
The Society onty excepb'onally enters into fvture financial comtnilmenls, wlh the result that il ts always able to control its
day-104ay expendilure to keep it, lor pracl'cal putposes, wilhin the SocEty's 8etual 2nd anlicipaled income.
Going conc8m
The financial ststernents have been prepared on a going con￿rn basis.
Sumrn8ry offjn8nualperform8nce
The Society incurred a nel surplus of £3,058 during the financial year 2023. The main reason for this surplus was the
bequest lo restricted funds from Jenifer Ford, resulting in a fund of £2,280. There was net income lor the year of £914 in
unre5tn.cled funds, and nel income of £2,144 in reslricled funds. Included wlhin the nel surplus was an unreslricled funds
1055 on the Societys investrnenl of £104.
The decreased gross expenditure is due tr) Ihe Society not having to incur legal costs in 2023 in relalK)n lo li￿n$Ing
applications.
The Society receives its funds from membèrship subscriptions, donations, legacY&s, organised walk contributions, lectures,
appeals, fund-raising soci81 events, deposit inler8sI, and incotne from its investments.
A portK)n ol these funds appl￿d in meeting the administrative costs of the Society. The major part of the balance is spent
on producing a newsletter three b.rn￿ a year containing aitides aLK)ul Hampslead and Hampslead Heath, and on legal
and other professional fees incurred in wnnection vAth the Society's c8mpaigning activit￿$.
Al the year end, the Society h8d nel assets of £60,341. £33,673 was held in unrestn'cted funds, and £26,668 in reslricted
funds.
Society p￿pareS cash fiow and budget projections annually. These indicate the Society Can rneel its liabilthes for a
period of not less than 12 months from the date ol approval of these proieclions by the trustees ol the Society.
The Iruslees of the Soc*ty rnonilor, on a regular basB, its liquid resources, cash and bank balances, and general
administrative expenses. The Societys costs are bghdy controlled.
AcGounting policw and future outlook
The Scriety reviews its accounting policies annually. 11 is the wew of the trustees of the Sothety that no ch8nges to the
current polic￿$ are needed. The Iiuslees are not a￿re of any specrfic factors likeiy lo affect the financial perfomance of
the S)ciety or its posEtv)n going forward.
P484

TrrE HEATH & HAMPSTEAD SOCIETY
TRUSTEES, REPORT ICONTINUEDI
Statement of trustèes. responsibilities
The Iruslees have referred lo the guidance eonlained in the Charity Commission's general guidance on public benefit
Vwhen reviewng the airns and objectives and in planning lulure aclivilies.
The law applicable lo charities in England and Wales requI￿S the trustee5 to prepare financial slalements for each
fin8ncial year which give a true and fair view ol the eharily's financial activities dunng the year and ils financial position
al the end ol the year. In preparing financial statements giving a true and fair view the Iruslees should follow best
practice and..
select suitable accounting policies and then apply them consislenlly,
observe the methods and principles in the Charities SORP FRS 102,
make judgments and estimates that are reasonable and prudent,
slate whether applicable accounting standards and slalemenls of recommended practice
have been followed, subject lo any departures disdosed and explained in the financial
slalemenls, and
prepare the financial statements on a going concern basis unless il is inappropriate to
presurne that the charity will Gonlinue in opÈr81ion.
The Iwslees are fftsponsible lor keeping accounting records which disclose with reasonablè accuracy the financial
position of the charity and which enable them lo as￿rtain that the financial slatsmenls comply with the Charities Act
2011, the Charity (Accounts 3Trd Reports) Regulations 2008 and the provisrons of the charty's conslrftulion. They are
also restK)nsible for safeguarding the assets of the charty and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
Approved by the trustees on 20 March 2024 and signed on their
half by'.-
Marc Hutchinson
Chair
Maur
en Clark-Darby
Treasurer
Pie5

THE HE4TH & HAMPSTEAD SOCIETY
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HEATH & HAMPSTEAD SOCIETY
I report on the accounts ofthe charity for the year ended 31 December 2023 which are Sel out on pages 7- 11.
Respective responsibilitlès of trustees and examiner
The charity's Iruslees are responsible for the preparab'on of the a(tounts. The charrtls trustees consider that
an audlt is not required this year (under section 144121 of the Charities Act 2011 (the 2011 Actll and that an
independent examination is needed.
It is my responsibility lo..
examine the accounts (under secbon 145 of the 2011 Acti
follow the procedures laid down in the General Direth"ons given by the
Chanty Commissioners (under section 14515llb} of the 2011 Adl,. and
state whether particular matters have come lo my attention.
Basis of independent examinerfs report
My examinabon was carried out in accordance wlth the General Directions given by the Chaty
Commissioners. An examination includes a review of accounting records kept by the charty and a comparison
ol the accounts presented with those records.11 also indudes consideration of any unusual items or disdosures
in the accounts seeking explanations from you as the trustees COn￿ming any such matters. The procedures
undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is
given as to whether the accounts present a 'lrue and fair view. and the report is limited lo those matters sel out
in the st*ment below.
Independent examinerfs statement
In connection with my examinab'on, no matter has come to my attention..
which gives me reasonable cause to beI￿ve that in any material respectlhe ￿qUireMentS
lo keep accounting records in accordance wrfth section 130 of the 2011 Act,. and
- lo prepare accounts which accord with the accounting records and comply wtth
the accounting requirements of the 2011 Act have not been rllel., or
to which, in my opinion, attention should be drawn in order to enable a proper
understsnding of the accounts to be reached.
21
RpgL
Philip Sykes
for and on behalf of Fisher Phillips LLP
Chartered Accountants
Summit House, 170 Finchley Road
London NW3 6BP
Dated 20, March 2024
Page 6

THE HEATH & HAMPSTEAD SOCIETY
STATEMENT OF FINANC￿LAc1￿TlEs
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Totsl
Restritted un￿Strided
Incame from..
Subscriptions
DonaborÈS and legacies
Investmenl income and interest ￿ts1¥3b
Totsl income
26,329
7.949
2,997
26,329
10,229
3,997
27,651
12.599
1, 156
2,280
1,000
3,280
37,275
40,555
41.406
EKpendr(U￿ on..
Ch
aCt￿￿e$.
Town exFÈnditure
Hè8th expenditure
Website and IT expenditu
Newsietttr
Administral*)n expenditure
Independent èx3rninab.on f
Membership promotion
Charitablè donations
K8le Springett Legacy
12,9061
(12,5001
11.3571
(75.7201
11,6101
11.80QI
12,0331
14.3661
116,2621
112331
12,0401
15,9081
12,0331
14,3661
116,2621
12,2331
12,0401
15,9081
18181
13181
133,8601
12,39n
134,9961
141,1901
C4)sts of generabng funds
12,3971
11,5841
Totsl èxpend&ture
136,2571
137,3931
142,7741
Net incomel lexpetmtiturel before other recognised
gains and105$e$
2,144
1,018
3,162
Netgaw51 Ilossesl on inv8Stments
11041
1104
f2591
Net incom¢1 lexpenditurel forthe year
Tiansferbetween lunds
2,144
914
3,058
17,6271
Netrnovement in fund3
2,144
914
3,038
(1,627)
Reconciliation olfunds
Tota funds brought lornard al l January 2023
24,524
32,759
57,283
58.910
Total fund5 ￿rriEd foNRrd at 31 Decernber2023
11
26,668
33,673
60.341
57.283
All Incoming resources and resources expended derive from t￿ntinUIng acbvilies.
The statement of finawial a¢tN￿-es indudes all gains and I0￿eS recognised in Ite year.
Page 7

THE HEATH & HAMPSTEAD SOCIErY
BALANCE SHE
AS AT 31 DECEMBER 2023
2023
2022
Notes
FIXED ASSETS
Investments
4,305
4,409
CURRENT ASSETS
Debtors
Cash al bank and in hand
2,031
93,362
531
103.424
95,393
103,955
CREDITORS
Amounts failing due within ong year
118,8721
f29,8361
NET CURRENT ASs￿s
76,521
74,119
TOTAL ASSEfs LESS CURRENT LIABILITIES
80,827
78,528
CREDITORS
Amounts falling due after one year
120,4861
{21,245J
60,341
57,283
CAPITAL AND RESERVES
Restn'cted funds
Unrestricted funds
11
11
26,668
33.673
24,524
32.759
60,341
51,283
These financial statements were approved by the trustees on 20 March 2024 and were signed on their behalf by..
Marc Hutchinson
Chair
Maureen Clark.Dar
T￿asurer
Page 8

TFIE HeATH & HAMPSTEAD SOCIETY
NOTESTO THE FINANc￿L STATEMENTS
FOR THE YEAR ENDED 31 OECEM8ER 2023
1. ACCOUNTING POUCIES
1.1 A¢¢ounting ¢anvention
The finanual statements have been prepard In XCOrdan￿ with AcixJunlin9 and Reporting by chw11￿.. Slatemeni ol Recommenl
Practice appIl￿ble to Chariti￿ prepwing their awounts in acmrdaftce ¥￿th the Fin￿¢181 Reporbng Standard applKable ift thp UK and
Republic of Irdand IFRS 102- effective 1 J8nuary20151- ICharib85 SORP FRS 1021.
The ch8nty tneets the definition of a public benefit entriy under FRS 102. Assets and liatw'lilies a￿ inthally rewni%ed al h￿tOric￿ cc6t
Iians*thon value unloss olherwise5ts1ed in the ￿E￿vanta￿O￿n￿ng policy ornote.
1.2 Going cotttsr
The trust* Considerthatthe￿ no malerd Un¢ertaiTrI￿ 8boul the charivs 3bilty lo ¢￿tinu8 ￿ a gryng 0)n￿m. Thelwstees do not
con$ii*r Ihal there ¥e any sourw of estimation Un￿rtaInty al the ￿pOrting dale that have a risk of ￿v$ing a material
3dju3lmentlothe ￿ryIng amounts of assets and liaLNlilies vitlhin th8 n9Xt ierthng Feriod.
1.3 lTrcome
Income resource5 cofflwse membership sub5CriPbons, donatons, ￿£¢le$, wganised ¥Yalk contribution$. appeaLs. fvnd-raising srKi
events. dew>sil inte￿$1 and income from it5 inveslmenis
Income [￿nised Y4hBn the charity h85 enlitkmenl lo the fvnds, any F￿Orman￿ ¢ondibon5 attathed lo the hav8 been mel
probablelhatlhe income receiv8d and thalthe atnouTrtcan be measured rel18￿y.
For183aues, entstl￿r￿nt 6 taken * th8 8artter ol the dat8 on which &ther.' the charity i$ 8¥¥?￿ that probate has been grantsLI. the ￿tate
h& been fin8lk8ed and Trotific81ion h& been rnae by the exe¢uiorl51 lo the charity th* a dKsthbution wll be made. orwhen a distribLrtton i%
r￿1Ved frotn the estsle Re￿[pt of a legaty, in whole or in part, is only ConS￿er￿ probab￿ when th8 amount can be wsured reliably
and th& tharity has b8en notifi￿ ofthe exewtorfs intention to fflake a dtstribubon. Where I￿a¢1￿ have been Dthfi8d to the charrfy, or the
charity is 8W8r& of the gr8nb.ry of piobzle, and the )iteria for In(x>￿e r￿n￿"On have not been met the kg&y ￿ a treated as a
cA￿tingentaSseIsnd dis¢losed if m81eri81.
Th8 Sc¢iety retsi￿$ lrfe mwmbershipsubscriptions. Th$ In￿Me is spread ov¥ ten years from Iheyear inwhth it isfirstrec8ivth.
1.4 Oonations of grfts, serv￿e5 and facil￿¢$
Donated grft5, piofe55ionJ serviGes and (bn8led laolth"&% are r8cffjnised as in￿￿￿e when the thaity has omlrol over the item or f¥eivgJ
the seN1￿, any conditions a5$0¢A8ted wilh th8 don3tk)n have been tn81 the I￿Sp[ of ecMomic b8n8fi1 from the use by the chzrity of the
item ts piobaLI8 3nd Ihat ewnomic benefit c8ft be measured rèliably. In accord3nc8 with the chaith.es SORP IFRS 1021. volunteer time k%
not r8COgntsed.
On reNpl, donated grfts, professioftal se[Vi￿ and donat￿ tsci1tr5 8r8 recognised on the basis of the vaue ol the gift to the chartywhich
is the amountthe charitywould hzve ￿en wlliry to pay lo obt3in services ot faoli18s of 8oui¥*enl ￿000m￿ benefit on the oren martel". a
Qjttesponding amountis then rewni%ed in expenditure in the period of r8(xipt
1.5 Interest receNable
Inlewl on fvnds heKI on dewsil is induded vthen rEca￿ble 8nd the amount(sn L* MeasU￿d reiiably bythe tharty.. this is nonmally upon
notifir3tyon of the interest Paid or ￿Yable bythe bank.
1.6 Resoor¢es expended
Resouiw expended are included in the State￿nt0ffinan¢ial activities on an acuu£ls ￿8￿$. iKlusrR ofVATwhteh cannot be recowed.
Certain expènditure ￿ directly attritwt3￿e tOSP8cffK ch8rit8tr￿e ac11v￿eS and be￿ in¢luded in thosecosl ￿leg￿les.
Direct9xpendituie in reswtoffunO-raK%ing and governan￿ is shown sep8r31dy.
P8g8 9

THE HEATH & HAMPSTEAD SOCIETY
NOTES TOTHE FINANCNL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2023
1, AeCOUNfiNG PCLICIES ICONTINUEDI
1.7 F¥nd at¢ounting
Unr&8tri¢ledlund5 Comp￿88 98neral funds wh￿￿ thelruslees arefr88 to use ID aClJNd8n￿W1lh the charitable objeGts.
Restricted funts are fundsvthich have been given for p*￿ular projects. Th&58￿nIS are representa by atb8nk.
1.8 Investments
Unlisted inwlments are staled ai mathet valueatthe baanca she8tdate.
The St81em&NI ol Finar￿a Activities indudes the nel gains and losses ar￿Ing on ￿ValuationS throughoulthe yeJ.
1.9 Debtors
Trade other debtors 8re at the setdemenl am￿nI du8 after any tradè d￿￿unt offered. Prepayrn￿ts are Val￿ at the
affl￿nI prepaid nel of ￿Ytraed1$(J)Unts due.
1.10 Cash at bank and in hand
Cagh at bank cash in hand includes cash and short term hwJhty fiquid inveslm8nts with a $hort maturity of three manlhs ￿ ltts from
the date of acqui4itw)n oropening of the depositor sitniL3r account
1.11 cred￿or$ and provisions
Creditots prov￿10￿5 a￿ recogn&sed Whe￿ the charity h3$ a pw8TrtOb1￿atiQn resulting ftorn a past eventthat wll probably wuFt In
the tr8nsf8r of funds 10 a Ihird paty and the arnount due to settle the ot￿¥3b0￿ bè rne8sui￿ or 85b'fflata ￿ll￿dy. Crethlor5
provi4k)ns a￿ normally r￿QOn1$4￿ *thwrseiuementJrDunl after allowng for anylodè discounts due.
1.12 Reserves
The Socpty maintains reserves to cover one haw yearf5 8XFect&Y annual exp8ndthre and funds to 8n8bk it lo pursue its ch8ri18b
1.13 Financial instruments
The thanty only has finanual assets and fin8ncial liabililies of a kind thalouJlrfy b8siofinanoal instn5ments. B&ic financial instrurnents
are initialy ￿e￿nited at Iransacbon value and 5ubsequenlly m￿ured 81 their seitl8tnenl val￿e ¥Mth the exception of bank loans wh￿h
are subwvenlly m8a5ured ai amOrt￿ed o)stusing thè 8ff8Ctive interestmethod.
2. INVESTMENTS
Unlithd inv&trneftts consi51 of units held xi The Equth"es Inv&slrnenl Fundfor charit￿ ICh3rfjurnJl.
MarfKetvalua¢ion
Al 1 Janu2ry 2D23
Netinve5tsnenlg8inlllossl
At31 D￿9MbaI2023
4,409
11041
4,305
H￿toric￿ c051
372
3. DEBTORS
2023
2022
Donations
Other d8btors
1,500
531
2,031
4. CREDITORS.. amounts falling due thin one year
Annual subsuipiions paid in *vw¢e
Deferred lrfe membership sUbsGriPt￿nS
Attruals
2,335
1276
14261
18,872
3,320
2,361
24.155
29.836
PwJ810

THE HEATH & HAIIPSTEAD SOCIETY
NOTESTOTrIE FINANCIAL STATEMENTS ICONnNUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
2Tr23
cRED￿OR$.. amounts lallirvj due aft¢ronèyear
TDtsi defeff* life ￿￿￿bership sub5cnpbons
Less fallw (Sue W1￿1n ))e yeai
2022
td,762
12,2761
20.486
23.8A15
12,360)
21.245
De*etred for knand fjvè y8ars
Defe￿ed for mDr£ t￿n five year5
9,106
11,380
2D,486
9,443
11,802
21,245
SUBSCRIPTIONS
Mernbers. subscriptiors attribU18￿e*o the currentyear
&flJknd recoverable on cUrrenlsuts¢￿pti0ns
19.985
19,836
1.815
2T.65f
2fj,329
INVESTMENT INCOME
ONiOends ￿Geived from unlislEd investrnents
Gross Interestreceived froffl tssh deposits
257
3,740
3,997
254
903
1.155
COSTS OF GENERATING FUNDS
CMven1r￿ and ￿ndUc￿n9 the annu819eneral meeting
2.397
f.584
STAFF COSTS ANO TRLtSTEE& REMUNERATION
Thesociety does rKil employ $t3ff thètru5tees are not remunerated.
10. ¢ONTROL
The Cl￿Oty is underthe control of the Iwstee5.
11. FUNDS
Incoming
I￿￿[C£S
Resour
expended
Investm8nl
At
31 Dec2023
31 Dec 2022
Restri¥*ed re5eNes:
Kale Springett Le93ty
Jenrfet Ford 8￿uest
Unrestrict￿ reseNÉs
24.524
24,388
2280
33,673
60,341
2,280
37,275
40.555
32,759
57.283
136.25n
137,3931
11041
11041
Kat¢ 5pringett Legaty
This r￿efve ts lorlh& protection aTrd preseNalion ofwld bird lrfe on Mamkbtead Heath.
J¢nifer Ford Bequest
This weTve, cre81ed from the safe of P8ititing5 beque81hed tD the Swiety by la￿ Jenrfer Ford, is for the w￿On of a memorial bwch lo
J&nrferon Heaih. ￿1th the extsss fvnd5 to be donated tothe gener81 pvrwse5 of the SouÈty.
12. RELATED PARTYTRANSACTIONS
During the ￿r M Hutthinson don8led £1,393 3nd J W8Ston donated £1,400 to Charity. They are i¥)th tr￿lee$ olthe Charityand thereW￿e no
restgtts lothesedonation.
There were no othertr3￿Ctrons *ith anytrL￿offfte rth8rity
Page11