Registered Charity 265054
The Bernard Herridge Charity
Report and Financial Statements
Year ended 31 March 2022

The Bernard Herridge Charity
Year ended 31 March 2022
Contents
Section
Page
Trustee's report
Slalemenl of Trustee's responsibilities in respect of the Trustee's annual
report and the financial statements
Independent examinels report
Slalemenl of financial activities
Slalemenl of financial position
Stslemenl of cash flows
Notes lo financial slalemenls
10

The Bernard Herridge Charity
Year ended 31 Maich 2022
Trustee's Report
Objectlves and activities
The objective of the Charity is lo provide support to meet the needs of older people in Somersel and
Dorsel. The Charity lets six bungalows in Wincanlon and Bourlon.
The Trustees confirm that they have referred to Ihe guidance contained in the Charity Commission's
general guidance on public benefit when reviewing the Trust's objeclives and in planning future
aclivilies.
Achievements and performance
No donations were made during the year {2021'. £5,000).
Financial review
At 31 March 2022 the value of the fund was £668,00012021.. £697,000). The six properties let.
prodU￿d rental income of £31,00012021'. £29,000).
All funds held are unreslricled. The properties held by the Charity have a nel book value of £443,000
excluding componenls12021.' £445,000). The remainder of the fund is held as cash and investments
which are held in order lo meet any unforeseen expenditure that may occur, for example properly
repairs.
Structure, governance and management
The Bernard Herridge Charity is established under a Trust Deèd and is an unincorporated charity
registered with the Charity Commission, under registered charity number 265054.
Hasloe Housing Association Limited is the appointed Corporate Trustee of the Charity. Hasloe
Housing Association Limited is a charitable housing association incorporated under the Co-operative
and Community Benefit Societies Act 2014 and a Registered Provider of Social Housing.
Hasloe has an agreement to provide management services to the Charity for a fee. Directors of the
Corporate Trustee are drawn from a wide background bringing together professional. commercial
and local expertise.
Going concern
The trustees consider that there are no material uncertainties about the Charity, and are of the view
that the Charity is a going concern. Consideration has been given lo the budgeted cash outflows of
the next 12 months along with the Current level of funds held. The Iruslees are satisfied that there
are adequate resources available lo continue lo fund the activities of the Charity for a period of al
least twelve months from the dale of signing the financial slalements. The trustees are of the view
that the Charity is a going concern.
Disclosure of Information to the Independent Examiners
The Trustees who held office al the dale of approval of this Trustees, Report confirm that, so far as
they are each aware, there is no relevant information of which the Charity's Independent Examiners
are unaware, and each Trustee has taken all the steps that they ought lo have taken as a Trustee lo
make themselves aware of any relevant information and lo establish that the Charity's Independent
Examiners are aware of that information.

The Bernard Herridge Charity
Year ended 31 March 2022
Trustee's Report (continued)
Reference and administrative details
The directors of the Corporate Trustee during the year and up to the dale of signing these Financial
Slalemenls were..
John Brulon lappoinled 13 May 20211
Lindy Morgan lappoinled 24 March 20221
Jo Lavis lappoinled 14 May 20221
Martin Huckerby
Lisa Hughes
Omadevi Jani (appointed 13 May 20211
Chris Parsons
Julie Pearce-marlin
Anne Perkins (resigned 6 November 20221
Robert Rutledge
Richard Quallington
Andrew Wiseman
Ed Buscall (resigned 12 May 2022}
Andy Moore (resigned 10 February 20221
Principal Office:
Marina House
17 Marina Place
Hampton Wick
Kingston Upon Thames
Surrey KT14BH
Principal Bankers:
Lloyds Bank plc
17 Heath Road
Twickenham
Middlesex TW14AW
Independent Examiner
BDO
2 City Place
Beehive Ring Road
Gatwick
West Sussex
RH6 OPA

The Bernard Herridge Charity
Year ended 31 March 2022
Statement of Trustee's responsibilities in respect of the Trustee's
annual report and the financial statements
The Trustees are responsible for preparing the Annual report and the financial statements in
accordance with applicable law and regulations.
Charilylgw requires the Trustees lo prepare financial slalemenls for each financial year in
accordance with United Kingdom Generally Accepted Accounting Practice (Unileci Kingdom
Accounting Standards and applicable lawl Under charity law the Trustees musl not approve the
financial slalemenls unless they are satisfied that they give a true and fair view of the slate ol affairs
of the charity and of the incoming resources and application of resources, including the income and
expenditure, of the charity lor that period.
In preparing these financial slalemenls, the Trustees are required lo..
select suitsble accounting policies and then apply them consislenlly",
make judgements and accounting eslimales that are reasonable and prudent.,
stale whether applicable UK Accounting Standards have been followed, subject lo any material
departures disclosed and explained in the financial s121emenls',
prepare the fi'nancial slalements on the going concern basis unless il is inappropriate lo presume
that the charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show
and explain the charity's transactions and disclose with reasonable accuracy al any time the financial
position of the charity and enable them to ensure that the Iinancial slalemenls 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 report of the Trustee was approved on 10 November 2022 and signed on ils behalf by..
L Morgan
Trustee

The Beinard Herrid9e Charity
Year ended 31 March 2022
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE
BERNARD HERRIDGE CHARITY
I report to the trustees on my examination of the accounts of the Charity for the year ended 31 Maich
2022. which are sel out on pages 7 to 13.
This report is made solely lo the charity's Iruslees. as a body, in accordance with Regulation 31 of
the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I
might stale lo the charity's Iruslees those mallers l am required lo slate lo them in an independent
examiner's report 3nd for no other purpose. To the fullest exlenl permilled by law, I do not accept or
assume responsibility lo anyone other than the charity's Iruslees as a body, for my work, for this
report, or for the slalemenl I have made.
Responsibilities and basis for report
As the Iruslees of the Charity you are responsible for the preparation of the accounts in accordan
with the requirements of the Charities Act 2011 I'the Act l.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the
Act and in carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 14515llbl of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material mallers have come lo my allenlion in
connection with the examination giving me cause lo 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., or
the accounts do not comply with the accounting requirements concerning the form
and content of the accounts set out in the Charities IAccounts and Reports)
Regulations 2008 other than any requirement that the accounts give a 'true and fair
view, which is not a maller considered as part of an independent examination., or
the accounts have not been prepared in accordance with the methods and principles
of the Slalemenl of Recommended Practice for accounting and reporting by charities
(applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211.
I have no cOn￿rnS and have come across no other mallers in connection with the examination lo
which attention should be drawn in this report in order lo enable a proper understanding of the
accounts lo be reached.
Signed..
Name..
Applicable Iisled body..
Other relevant professional qualificationlsl or membershlp of professional bodies lif anyl..
Address. 2 City Place, Beehive Ring Road, Gatwick, West Sussex RH6 OPA
Dale..
21 November 2022
NL *AfvI

The Bernard Herridge Charily
Year ended 31 March 2022
Statement of Financial Activities
for the year ended 31 March 2022
2022
£'ooo
2021
£'ooo
Notes
Incoming resources
Income from charitable activities
31
29
Total income and endowments
Expenditure on
Charitable activities
Other
Net gain on investments
31
29
151
1521
1601
Total expenditure
1551
Net ex
endlturel Net movement In funds
29
26
Total funds brought forward
697
723
Total funds carried forward
668
697
All amounts relate lo continuing aclivilies.

The Bernard Herridge Charity
Year ended 31 March 2022
Statement of Financial Position
at 31 March 2022
2022
£'ooo
2021
£'ooo
Notes
Fixed assets
Tangible fixed assets - Housing properties
Other investments
464
467
Total Fixed Assets
467
470
Current assets
Cash and cash equivalents
220
243
220
243
Creditors.. amounts falling due
within one y_ear
Net current assets
16
201
227
Total assets less current liabilities
668
697
Net assets
668
6971
The funds of the charity
Unreslricled funds
668
697
Total charit funds
668
697
Approved by the Trustee on 10 November 2022 and signed on 115 behalf by..
L Morgan
Trustee

The Bernard Herridge Charity
Year ended 31 March 2022
statement of Cash flows
for the year ended 31 March 2022
2022
2021
£'ooo
£'ooo
Cashflows from operating activities
Nel cash oulflow from operating activities
1231
128}
Net cash from o
eratin
activitles
23
28
Net change In cash and cash equivalents
1231
1281
Cash and cash equivalents al start of year
Cash and cash equivalents al end ol year
243
220
271
243

The Bernard Herridge Charity
Year ended 31 March 2022
Notes to the financial statements
1. Accounting Policies
Basls of preparatlon
The financial slalemenls have been prepared in accordance with the Slalemenl of
Recommended Practice.. Accounting and Reporting by Charities (Charities SORP IFRS 10211
and the Financial Reporting Standard t02 applicable In the United Kingdom and Republic of
Ireland IFRS 1021 and the Charities Act 2011 and UK Generally Accepted Practice as il applies
from 1 January 2019
The Charity is incorporated in England. The charity'5 registered number is 265054 and ils
registered office is Marina House, 17 Marina Place, Hampton Wick, King51on upon Thames,
Suriey KT14BH.
The Charity constitutes a public benefit enlily as defined by FRS102.
Going concern
The Iruslees reviewed the charity's budget for the period lo 31 March 2023 in January 2022 and
were conlenl that these plans were affordable. The trustees have a reasonable expectation that
the Charity has adequate resources lo continue in operational existence lor the foreseeable
future. The Charity therefore continues lo prepare the accounts on a going concern basis.
Significant management judgements
There are no management judgements made in the process of applying the accounting policies
of the charity that are deemed lo have a significant effect on the financial slalemenls.
Estimation uncertainty
Information about eslimales and assumptions that have the most significant effect on rec(4nition
and measurement ol assets, liabilities, income and expenses is provided below. Actual results
may be subslanlially different.
Useful lives of depreciable assets
Management reviews ils estimate of the useful lives of depreciable assets al each reporting dale
based on the expected utility of the assets. Uncertainties in these eslimales relate lo Changes to
decent homes standards which may require more frequent replacement of key components.
A￿umUlated depreciation al 31 March 2022 was £63,00012021'. £60,000).
Incomlng resources
Incoming resources consist of rent. Income is recognised on the basis of when il is probable that
the income will be received and the amount receiv8ble during the year.
Resources expended
Resources expended include allribulable VAT, which ￿nn01 be recovered. Resources expended
are recognised on an accruals basis.
fjo

The Bernard Herridge Charity
Year ended 31 March 2022
Notes to the financial statements (continued)
Accounting policies {continuedl
Tangible fixed assets
Housing properties are slated al cost less depreciation. Cost includes the cosls of acquisition,
consliuclion, and amounts In respect of direct cost of development, and inlerèsl payable on loan
finance for schemes during development.
Depreciation is provided in respect of buildings lo write down the nel book value lo the eslimaled
residual value, on a slraighl line basis, over their eslimaled useful economic life. The depreciable
arnounl Is the original cost less the residual value. The residual value is the original cost of the
freehold land. The eslimaled useful life is one hundred and fifty years.
Depreciation is provided in respect of components to write off the value over the useful economic
life. The eslimaled useful life of components are as follows..
Roofs and related
50 years
Kitchens
15 years
Bathrooms
20 years
Central healing systems 20 years
- Windows and doors
30 years
Fixed asset investments
Inve8lmenls are a form of basic financial instrument and are initially recognised al their
transaction value and subsequently measured al their fair value using the quoted market pri￿.
The statement of financial activities includes the nel gains and losses arising on revaluation
throughout the year.
Funds structure
All funds held are unrestricted. Unreslricled funds are those which the trustees are free to use for
any purpose in furtherance of the charitable objectives.
2. Resources expended on charitable and other activities
2022
2021
£000
£000
Donations
Direct property expenditure
Depreciation
Hasloe management charge
Independent examination fee for these financial statements
43
42
60
57

The Bemard Herridge Charity
Year ended 31 March 2022
Notes to the financial statements (continued)
3. Trustees remuneration
The Trustee received no remuneration or expenses in the period {2021.' £nill. The
Charity does not employ any staff hence Ihere are no staff costs12021'. £nill. The
management charge from Hasloe includes staff costs of £36,000 (2021. £35,000).
4. Tangible fixed assets - Housing properties
Land and
buildings
£000
Components
£000
Total
£000
Cost
Al 1 April 2021
500
27
527
At 31 March 2022
500
27
527
Depreciation
Al 1 April 2021
Charge for the year
55
60
Al 31 March 2022
57
63
Net book value
At 31 March 2022
At 31 March 2021
443
445
21
22
464
467
5. Investrnents- UK equities
2022
2021
£000
£000
Market value al 1 April
Uniealised gain on revaluation
6. Creditors: amounts falling due within one year
2022
£000
2021
£000
Rent & service charge in advance
Other creditors
Amounts due to parent undertakings
12
10
16
12

The Bernard Herridge Charity
Year ended 31 March 2022
Notes to the financial statements {continued)
7. Reconciliation of net expenditure to net cash outflow from operating activities
2022
£000
2021
£000
Net expenditure
Depreciation of tangible fixed assets
Revaluation of investments
Decrease in debtors
Increasel
decrease
in creditors
Net cash outflow from o
oratin
1291
(261
121
activities
23
27
8. Net funds reconciliation
Acquisition
& disposal
New
finance
leases
£000
Other
non.cash 31 March
changes
2022
£000
£000
April
2021 Cash flows subsidiaries
£000
£000
£000
Cash at bank and
in hand
243
220
Net fundylldebtl
243
23
220
9. Related Parties
During the year, Hasloe Housing Association Limited charged £43,00012021.' £42,000) for services
provided lo The Bernard Herridge Charity.
Al 31 March 2022, The Bernard Herridge Charity owed Hasloe Housing Association Limited £12.000
12021.. £10,000)
There is no ultimate Controlling party.
13