HERVEY BENHAM CHARrrABLE TRusr
REGISTERED CHARrrY 110: 277578
ANNUAL REPORT
FOR THE YEAR ENDED 28 FEBRUARY 2022
Tru#* rew)rt
Inde￿dent Examinerfs re￿rt
Statement of finanaal &iivil
Baantr sheet
8-12
HERVEY
BENHAM
CHARITABLE
TRUST

HERVEY BENHAM CHARrrABLE TRusr
REFERENCE AND ADMINXSTRATIVE INFORMATION
AS AT 28 FEBRUARY 2022
REGisfERED CHARITY NO:
277578
TRusfEES:
M R Carr LLB
TMAKerr
A B Phllllps BEM &4 CertEd
N Johnston
D AW Alen 8 Mus., M Mus
SCLan
((halmwn)
TRUSTEES HOLDING TtrLE TO Thf PIiOPERTY ovll4ED BY THE CHARITY:
M R Carr LLB
A B Phllllps BEM BA CertEd
TMAKerr
CLERK TO THE TRusfEES:
PGUY
REG￿ERED ADDRESS:
CJO Sp3rllngs
••
Essex Coi IHQ
WE8srrE:
BANKERS:
The Royal Bank d sC(th￿ pk
45 H&id Street
••
C4F Bank Umlted
Kings Hill
MALUNG
Kent ME19 4TA
Essex Coi INW
INDEPENDENT exAMINER:
O M AJd*r4th FCC4 FMAAT
4 & 5 The Cedws, ￿ 12
ex12
irtswKti R
COLCIIEsfER
soucrroRS:
Sp3rlings
COLCHESTER
E&sex Coi IHQ

HERVEY BENHAM CHARrrABLE TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 28 FEBRUARY 2022
The Trlts pr* their Rwt year aK1ed 28 fet￿ary 2021 irK(ffwr4ting the referen
and administratsve Inf0rr￿ set out ￿ P•3e l.
srRUCTURE GOVERIIANCE AND MANAGEMEiir
The Trust was establisw by Trust 20 Febnwy 1978 the Benham d&idal
to create a tr￿st for tharrtab￿ kxJrrK
Under this Trust Deèj the FW to apymnt TTLtst￿, of whith there must be at least three, 15 vested
in the Trustee5 fw the tr.me being. Up to 2014 all the Tnrn have the fOUr￿eT ￿Er￿ally,
wh￿h has iwen a planned thantage to the Tn￿ as tly have more pasity been able to respond at
ttmes in way kj￿¥ HB have done,. as tr'me goe5 by this linkage L*tween Trustees and
founder wll te more dffiajlt to malnlaln. The breadth of kn(w4kdge tetsyeen the Tru5fft5 over the
Tr￿t'S areas of ￿t1Vty also neats to be malntalned. ￿￿l¥j the year under remew the Trustees
The prC￿SseS by vthkb the Tn￿ 15 admini*￿& and the aims and obiec*ve5 of the are
met are set In a Mwment PrOtc￿l ￿C￿menL Thts also helps malntsln the IM[￿ant links
for the Truthes ￿th the irtsre5t and sympathy of the founder. The Marogement gtrotocol document
Ls now supwrted by separate FlnarKial Contmls and a Pollcle5 cr￿ment 0)V￿ng 5uth areas as.. rf5k
management, investments. pJnployl￿￿ staff, vc4untsw mana￿en￿ conflicts of interes( safeguardlng
vulnerable benefidarle5. and cO￿al￿ts haTrJling* all (rf vlfith ￿e revlewed annually as part of the
Appllcatbns for grnnts are prwtssed ty the aerk to the Trustees, arKI d￿ltsY by the Trustees
at tt*ir meetir4Js Irwmalty quarterty). Four meetlws ¥￿e hdd during thL5 year, ar¥J the Trustees
are pleasal to see the clgrant r•nain * a lthtl (al*i see paragra￿ 7 telow).
OBJECThIES AND ACTIVITIES
The al￿ of the TnAst a￿. p￿rna￿ty lyjt nrrt exdugvely, to support:.
l Art&tic and culbjral athiues, whth tenefit the of Colthets ard the Beneficisl Area.
2 Indlvlduals wlth txxentlal arttstk tslent, acm55 the artforms, who are hdd back by physlcal
or finar￿la1 d￿thntage or personal orcumstances.
3 The pre5ervaVon of the Induthl of COItt￿ and the BeAldal together
with the mantime traditK)n5 of the Essex o)bsL
4 The weservatkn of the kKal Nstw of Colthethr and the
S Preservation enhar(erwt ￿ the and envlronmert rf Cokhester and the
Benef￿al Area.
These Ical Intere#s a￿ suppNteJ by grdnts aThJ103rts from Ir￿oMe FWKI.
A￿lEvENer4TS AND PERFORMANCE
The totsl contn"buknon to the Tru5Ys ?Ams autfrthi￿ in the year to 28th FebNary 2022 amounted
to £56,150 45 5ummarised in ￿)le 7.2 (2021: £23,570}. This comwtsed 7 gfants as detaikd in Note
7.1 (2021., 8 grants).
Many appllotyons are r￿￿j frryn ¢￿rtsIde the bw*fidal aw of the frx purpJses wthlth do
not rrt into the above aims; these are repcytèj to the Trust￿ arKI numbweAI 5 (2021: 3):
in additi¢J) the Trust*5 dediwy 3 applKabons mJJe in IJ* yEar (2021: 3).

HERVEY BENHAM CHARTfABLE TRusr
TRusfEES' REPORT. contlnued
FOR TNE YEAR ENDED 28 FEBRUARY 2022
The attathed finarKial slatun￿ {Page5 5 to 12) relled the Tn&s athltlas for the year ar
thow the cunEnt state of the finan￿, vknKh ts TrLStees to be 9)und. Cath rewjjr
to cover all grant cc¥nmitn￿￿
10. The Tr￿ malntslrLS Its In (¥der to make grarts (x* of Its 1rNeStm￿ IrKome.
11.1 The investment pjly as Set at N(rte 3.1, has beM sucressfvlty IM￿ ty the Tr
durlng this year, wth an Income Y￿d ￿ the COMnK￿ In￿stIrtht Fund wc¥Jucts of 2.62% (2021.. 2.779t*l
The overall Income yldd on In￿trnents, I￿lA11n9 the cash dep?￿ part of the wrtfolb, has b￿n
adve5erly affethd ￿ kr•￿ div5tknd paYr￿ts (￿e to cO￿D and the low of Interest
retums 4TrJ ￿rne ¢Jrt at 2.3% (2021: 2.5%).
11.2 The Trustees mr*Je rw) Ihw5 Inve51Jwrt p4rt rf the thb yew¥ and corrtIN￿l wlth
slmllar cash depc61ts.
11.3 ctyer the year U)è over&1 valuatlon COrnn￿ F￿ld rycducts k£reased by 10,4%
(2021: in(xeased ty 5.2%), agakst an tr￿ase FfsE IIJO of 15.4% (2021: fall of 1.5%).
11.4 The Tru5tee5 continue to be satislbj that thelr &YF¢wJre to ¢lsk Is redU￿d by the SFeJfic
ccrfnmon invesbment w￿ULts and thar thrrent sts3t￿Y to apwoximatety 20% of the trAal
Trusvs Investments In cash. That bakrKe stands at 15.4% at#* end of thi5 year (2021.. 17.0%),
INDEPENDENT EXAMINAfA¢)N
12. The trustees agre￿1 to (thi'rKE wlth an Ir￿ Examination wcrfjld keep thLs undtr Mie*V.
STATEMEpifs OF TRiISTEES' RESPONSIBILmes
13.1 CharFty law rlyulres the Trw<ees to prelwe flnandèl statements for flnandal year whlch glve a
true and falr vl&¥ of the stste cl affaSrs fjwty for that year. In wepartng those flnanc6al
Stslem￿ts, the Trustees ao r•wIr￿1 to...
' sele£t 9JIta￿e ￿cOunti1￿j arhj apF4y t1￿
' make htdgwnents and eStIr￿ th* are rea9￿ble a￿1 WLth;
' prepare ￿ firondal staternrts the gc4rvJ (xrfKem ba￿5 unkn It Is Impwoprfate to
assume that tr* Charty WNI ￿nue In
13.2 The Trusttts are ke￿I￿j ￿COuntsrvj r&(Kts whKh d19Jose with rea9)na￿e
accury at any Vme the flnandal the (￿rIty aThJ enabk them to ersure that the fvndal
statements compty wth the charfj￿ Plt 2011. are aLw resrththe for *uarding the
or other 1r￿Ularl￿e$.
13.3 The Trustees have W regar(I to the Charfty O)rrrfnlth¥ guldèn￿ on wbll¢ ter*fft bvhen
revleYAng Ihelr grant makOrwJ ac￿VItIeS In puryJarKe of the alrrs of the Trust
on behalf of the Tru5tee5
M R Carr {Chaimkin)

HERVEY BENHAM CHARrrABLE TR(IST
INDEPENDENT EXAMINER'S REPORT TO THE TRusfEES
I rep)rt on the Kojunts of the tharity for the yffir 28 Feb￿￿ry 2022 v4hith are set ¢Mtt on pages 5
to 12.
Re5ponslbllltles and bJ5i5 rf rewt
As the tharivs trustees a￿ re5r￿￿ble for the wq)aratlon of the ￿(￿nts in accordan￿ with the
requirements of the Charthes 2011 Cthe ￿.
I report in respect of my examination ￿ the char￿$ &cwnts wieAI out under sectlon 145 cl the Act and
In carrylng out my examlnathjn I ￿e fONOw￿ all tr* èwlkable gfvw by the I￿rIty
Commlsslon under Section 145(5)(b) c¢ ACL
Independent wimlnerfs
I have complebj my examlnation. l offirni that rKJ m&erlal mattws have c(#ne to my attentkn In
connectlon wlth the examlnatlcm gmrwj cause to that tn any matyial res￿t.
l. acrountlrvj rKt kert In rwct of the dwity as ￿Uired ty sedion 130 rf the A¢. or
3. the accounts do Th)t compty wlth the applkable requirements conceming the form and COn￿t of
afxounts set ¢)Jt In the Charities {A£ctJJnts and ReF#yts) R•JuUItNYL$ I￿8 othér than any
requirement that ts￿ aCc￿nts give a ￿ and fair VI￿, whkh L8 r#)t a matter consldered as part of
an iThkpetht examlnatlon .
I have no concems and ha￿ ccffie acmss ts) C¢her matters h CCA)rth wtth the examlnatlon to whlth
attentlon shcAJld t* drawn In thls rwt In ¢xdw to woble a wr4)er urKlw*andlro of the accounts to be
reached.
D M Aldworth FCCA FP4iAT
4&5 The Cadars
Apex 12
Old Ipswith Road
Colchester C07 7QR

HERVEY BENHAM CHARrrABLE TRiisr
srATEMEKf OF FINA14CIAL AcrivrrIES
YEAR ENDED 28 FEBRUARY 2022
Total
Fund#
2022
Total
Futh
2021
Investments
Charltable acti￿tieS
Book Income r￿￿Ve￿
Grants repaid
Totsl Income
13
33,458
33,458
33,196
52
1,213
52
1,213
7J
33,196
Expendlture on:
Charitsble athiknes
Grants authodsoj In year
Management of propty asset
SupFQrt costs
Total expendlture
56,150
3,570
7.231
66,951
56,150
3,570
23,570
4,475
6,553
34.598
66,951
Net galnl(10sses) on Invesbmts
32
113,425
113,425
63,8n
Net Incom•l{expwmll￿rn)
(32,228)
113,425
81,197
62,470
18,CKKI
(14,228)
95.425
81,197
62.470
Rowndllakn of funds:
Totsl funds br¢￿ht forward
14,646
1,533,273
1,547,919
1.485,449
Total fvnds carrfed folward
418
£ 1,628,698
£ 1,629,116
1,$47,919
ContlnulTrJ opeRt6or6- all IrKomlng resoU￿e5 arnl regxwces exFeKled dexfve from ccrtlnulro artlvltles.
Total recognlsal gairts and losses. the SOFA indiths dl galns losses recogiisèj in these year&
No restricted funds Y￿re opuatsj duriNJ this yea.
The Tr)tes on pages 8 to 12 forni Fort of the￿ financial statem

HERVEY BENHAM CHARrrABLE TRusr
BALANCE SHEEr
AS AT 28 FEBRUARY 2022
Fund#
2022
Fund•
2011
FIXED ASSErs
Tangible assets . freew
200,000
1,424,616
254
1,624A70
200,¢J(10
1,31S,317
254
1,515,571
1,424,616
Pr(yJramm&rela￿l Investm
254
254
1,624,616
CURRENT ASSErs
Sundry debtors
Cash at Bank
9,351
55,315
9,351
59.397
68,748
9.469
52,765
62,234
4.082
4,082
CURREpif LIA8ILfTIES
Sundry credito
NEf CURREKf ASSEfsi(LIABILmES)
50,502
50.502
20,886
14,164
4,082
1,628,698
18,246
41,348
14,418
1,643,116
1.556,919
DEFERRED LZABILMES
due after more than ￿r
TOTAL NEf ASSErs
73
418
£ 1,628,698
£ 1,629,116
E 1,547,919
THE FUNDS OF THE CHARITY
UnrestrIc￿ InccffE funds
418
£ 1.628,698
£ 1,629,116
1.547,919
Approval by the on ....
i.{.:
2J¥
and signed on thor behalf by M R Carr
The notes on pages 8 to 12 fijnn part of flnandal statejw

HERVEY BENHAM CHARITABLE TRLisr
srATEMENT OF CASH FLOWS
YEAR ENDED 28 FEBRUARY 2022
TOTAL
TOTAL
Fund$
2022
F￿18
2021
Cash flows from operntlng a¢tMtles:
Net cash (used in) ¢)perating *iwtses
(30,952)
131,017)
Cash flows from Investlng a¢ll¥ltlu:
Investment income
Decreasel(increase) In cash In¥e51me
33,458
4,125
E37,583
33,196
16571
32,539
Change In cuh and cash ¢qulv•lents In the reP￿Ing pwlod
6,631
1,522
Reconclllatlon of cash and cash equlva1¢n￿.
Totsl brought forward
77,765
76.243
Totsl carrled forward
£84.396
£77.765
NOTES
Net cash provlded by (used In) operatlng actlvltle5
Net income/(expenditiJre) for the reporting pertcd (Page 5)
Adjustments f(Y".
Investment Ir￿ft
(Increase) IdeLrease in Investn￿ts (un￿1￿￿1}
(Incwse)Idecrease In debtors
1￿￿e05e/(decr￿￿} in
81,197
62,470
(33,458)
(113,425)
118
133,1961
I￿,872?
704
2,877
£131,017)
É(30,952)
Analysls of cash and osh equlvaluts
Bank balan￿.
12,318
47,078
13JlQ
39,455
CAF Bank
Nc￿ce detK6its (less than 3
CAF 60 Day Account {wth Oarti
25,000
£84.396
25,000
£77,765

HERVEf BENHAM CHARrrABLE TRUST
NOTES TO THE FINANCIAL sfATEMEI(r5
YEAR ENDED 28 FEBRUARY 2022
ACCOUNTING POUCIES
The finarKk?1 statemg)ts have prepared Ihe historic cost Ct)nNEntion, aTrJ in wtth
FRS 102 Tr Finncial RewbrwJ StaThJard a&￿￿able in UK arkl the Republk of Ireland., and the
Ststumt of Rec(￿￿￿￿1 p￿.. arnl RqyJUtMJ 'Qianti￿ SORP 2019
(FRS 102)", arKI the Ctstltfjes kt 2011.
Benlwm ChaTitat4e Tr￿st n*ets the dthltlon d a pubHc benefft • undw FRS 102.
The pwticukir accourrtlrwJ a(WwJ are as folkn¥s:
(a) Funds gtrwtyre
Where dcnots impxe a restrktKffl on thdr thnauon mty be wend&l. sutt¢ experKll￿re
IrKJ wlthln the objects of the tharlty. th￿r oyla1￿ are to a warate Restrfotsj F￿￿.
All ¢Jts Income ts cruLted to Unrestrlcted F￿15 to be e¥pathl at the Tnjts, dlxretlon.
(b) Incomlng rtJource•
JI inc(*nirvJ re50wces are r￿nIseA1 the tharty h3s wutlement to the resour￿ and
morthry Val￿ of IrKomlng reyjurces can be meawral wth sllrffia￿t ollablllty.
(c) R••wrc•i ￿PU￿1•￿
LIats'1￿e5 a￿ r￿(￿jn1Sed as reY￿r￿S e¥* as s(*Ji as th¥e 6 a legal or
obNgation ccthmlttlng ￿ charlty to the e￿nd￿re. M eX￿￿tsJre 15 ￿£t¥￿ted for on an accvAs
ba￿S arhy has I)e￿ da551￿ ur&r he*llrvJs that aggrgjate all costs rel3tèJ to that category,
(knts payable are paynwts m* to thlrd partks in the furthewfft of the thar4tsble obJ&Uves
of the thwity. &r#Jle or mLdti-year grdnts are ax￿nted for when the ￿plent has a reasonable
¢knmano o)sts comwtse cc6ts asscdated ￿1th the c(￿￿￿Jtl0nal and ststutory
reqUI￿rnents of the olarity. ard IrKtLKle a the runun¥ats￿.
(d) T*nglbl• fixad •sJets and dtyveda
In aCCc*dan￿ with FRS 102, fixed asset investmemt wo&vYes be #ateAI at mar*et value,
wlth ￿ provlslon made fty deprniakn. Hov•eNv In the VI￿ oftr* Tnjstees the cost cl obtaining
A herftsge asset from the f￿nd&S gJCCe￿r flryn. compri4ng a (early Rblard Stone)
of the Benham, IS Th)t capnalised as. In the VI￿￿ of Trustee5, the o)st
of vaEuaOm W￿ld LE On￿ compared to the benefit. This pthit is cffl loan to Theatre Arts
£Uon Trust for dsplay at The F*adgate TP*atre in Cokl*, whlth this Tn& help&1 to *￿1
(e) Investrnts
Inveslrnents are Sta￿ at market v*ue, based (m the mkl at date of the balan
sw ljl rr￿eM￿ts in Val￿ ￿ sh(v*m In the &atemert of Fknarthl fv£Yvltle5.
(fj Taxat
The is a d￿rity ￿￿knIn the meanlThJ of Sedjon 5CqI) of Taxes PLt 1988.
Accordingty ￿ Triist is Ffrtenb"ally exemFt from tsxation Trn rewt of income or opltal gair
ItT￿O¥Wab1e VAT & tharyed ¥rst the ￿29￿1 of re9)ur￿ for vthith tt was t￿Irred.
(g) Golno Conc•
The finarKial statemeFts kne tten w￿￿red on a gokvJ (nrrnn b￿$ as the tnJstee5 believe no
mtsial uncth3inties EA￿. The trustees th C(Y6WJer￿ the fijnds held and the I￿e1 of
income expenditure for 12 rThJntrs from athising these finanoal statements. The tr#Jdgeted
Ino)me aTrJ ewdotU￿ is with the l•*1 rf re5me5 the tharlty to be able to conts.nue as
a golng concem.

NOTES TO THE FINANCIAL STATEMEiifs. contlntsed
YEAR ENDED 28 FEBRUARY 2022
frcffi Bme. ork ¢*the rAigwwl three in FetsLWy 1978. The is T￿Orthd
In these accounts at a c(£2￿1￿xI. Thwewas a cEww￿nt cffj that the Tru*e
Th)t dts[￿e oftsE knJ wthln fve ye•5 Lf N5 t1eaD) In 21M)4; IJu5 ha5 nuw ifft
In hLg Will, C• akn left the Twust a cath Iw LrfÉS.(Th for m￿nter￿￿ ofthls Lar¥J,. the
balarte th& r¢<rf(tsl lu￿1 Wd5 exFthJ&J kn tht year to 28 Fetnjary 2(KA. The 1r0rkg9W￿t of th
a*t a call ￿ tr* TFpA*5 I1￿me Fur*J *¥J to £3￿70 (2021: £4.475).
IIIVEStMEiirs
Inctffie ylekd d 2.5% per affl￿7, 15dL**KrttiJ a5 gTrnts, aTrJ thereaftv 5eekto at letst malniakn
re4 v￿e of the fur•J> All r￿tr￿se mÈagve5 halt teai thi5 ye4r.
20
M•rket
Valu•
91ac*￿ UK Equty F￿￿ A 127,645
IFSL C4F UK Equtr F￿d 8 IrK
170,289
surL CJz•o¥e Cls3r* 6)uty 175.1
CCLA cofF Ethkal [nveY￿rt F￿1
220.(
85A
127,645
170,289
175,&XJ
274,084
255,722
237,533
324J29
2bJ.653
285,930
341069
Unrttsj Tr￿ 8ank 12 fi￿ftttt
aose 12M FTD
85,IX¥)
25,0￿)
Cb5e *Othe￿ 12 Mcrth ￿￿Jrt
64.524
£ 912 458
1424 616
9J•.385
1315 317
Tthl
BakrTh at 28 Fet¥uary 2021
Net gaknslll¢)sses} on
BakirKe at 28 Febrwry 2022
1,315,317
i.t81,668
113 424
223,649
£ 219 524
20
cornn￿ Invesfftntfurk
31,522
30,224
33,451
33,186
io
Bank knte￿t
Coknt¥Jn of &nhams tKth 14 15tlk%)
2Y
Cxhex debtor5
1.212
9,351
142
$469
2.YJ2
lyjt Thx {I#Ae 7.4)
L*t (14* 7.5)
9,tKJo
8,500
50,502

HERVEY BENHAM CHARrrABLE TRUST
io
NOTES TO THE FINANCIAL sfATEMEp¥fs- continued
YEAR ENDED 28 FEBRUARY 2022
7 GRArirs
7.1 The grants authorised in the year sup[￿rted and conthbLrted tr) the folknyiry proj￿ o¥w the
Tnjsvs fwr areas:.
••n•fi¢l•tl••
Vl(ior Batte Lay Founda￿ . We
24,000
3,000
1,500
21,000
49.500
14.9
Gra￿1 Theatre of LemmlrvJs . EK•*￿¥M *oJ•
The Headgats Theatre. New L
(b) Individuals part[￿laTIV thom wlth potffitlal
artlstk talent
fter School aub . Ilt¥aLy kyogramme
Instrument purchase
2,000
1,500
3,500
5,670
IL121
(c) Preservatlon of Cold￿￿ & Dl•trlrts h•rlt•g•
12021
(d) Local hlitory and Conser￿0￿ •ffe¢tlng h*ftage
and envwonmtnt of the area
3,150
Total grants for y•nr
£ 56,150
23,570
7.2 These grarts **re for the benefft OF.
2022
KINiduals
6,650 131
(Yganlsat*K6 49,5(KI {4]
£ 56 150 [7J
XJ21
5,670 121
17,9)0 161
£ 23,570 18]
7.3 This year no gra)ts were withdrawm that hal t*en commitw.
Nrte 7iscrnUnualon Page JI

HERVEY BENHAM CHARrrABLE TRusr
12
NOTES TO THE FINANCIAL sfATEMENT5 - continued
YEAR ENDED 28 FEBRUARY 2022
2022
2021
9 BOOK INCOME RECEIVED
Public Lending ￿.ghts:
HWG knham
sa￿ of books..
"Life Wrth The LLKals'
Sale of books (ERO):
'Essex Gold"
'A F*ospert of Maldon.
52
52 £