Charlty number: 286350
THE CHARLES LirrLEWOOD HILL TRUST
Trustees. Report and Financlal Statements
For the Year Er￿1￿ 31 Docèmber 2023

THE CHARLES LlTfLEW￿D HILL TRUST
C¢)ntonts
Pag•
R•feronce and adminlstrnliv• details of th• Charfty. 118 Truèt••8 and advisern
Trustses, report
Indepondent audltors. r•wl ¢)n the financw slatwnonts
Statsm•nt of finanelal actl¥itl•s
10
Balance $he•t
11
Notes to thè flnanclal st•l•m•nts
12-22

ThE CHARLES LFTTLEWOOD HILL TRUST
Referènce and Prtlmlnlstrallvo Dotalh of th• Charlty, Its Tntsteos •nd Advisers
For th• Yoar End•d 31 D￿Orn￿r 2023
Trustses
CWLB
THFar
N R Savryy
JDPews
Charity r•gSst•r
nuffl￿r
286350
PYln¢lpal office
PO BOX 10454
Nollingham
Noth'nghamslyre
NG5 OHQ
Ind•p•nd•nt audltor¥
PKF Smith CowAudit Limited
StstU￿ Auditors
2 Lace Martel Swore
Nottingham
NG1 1PB
Sollcttors
Keystone Law ￿mited
48 Chancery Lan8
LorKlon
WC2A 1JF
Invèstment Advlsèws
8￿tt & Coc&e knmiled
5 Opie Street
Norwith
NR1 3DW
Page 1

THE CHARLES LITTLEW￿0 TRUST
Trust0￿. Report
For the Year Ended 31 DK•rrkn 2023
Th8 trusle8s present their annu81 ￿P)rt together vAth the •￿TI¢d finwal stalemenls for the year ended 31
December 2023. The fmancial statements have been prepared in accordarKe the accounthng policies set
out in note 1 to the accounts arKI CoM￿Y the terms of the wll under whKh the trust was established, the
charib.es Act 2011 arKI Financid ReF)Mwig Standard 102 Tr Fryncial Reporting SlarKlard 4¥pbicable in the UK
and RepL*Jlic of Ir81and IFRS 1021 WKI the Charilies SORP 2015 (SORP 2015).
ob5K￿Yes and •¢tlvltl•s
. Pollclgs and obJecllve¥
The sole obpctive and a(aivity of the trusl is gvivj of gr￿rtS. The trustees are *ware that they must carry on
the Charit￿$ activities for the public benefft and that must pay regard lo thè guidan￿ on public benefit
issued by the Charity Commis&on.
In setting objectives and Pl￿ning for activit*s. the tnjstees have given due considerats'cm lo general guidance
pubbshed by the Charity Commission relakn9 to wblic benefft. includfftg tho gudance 'Public benefit." Nnning a
charity {P82)'.
b. Strat•gi•s for aCh￿V￿19 obJ•ctiv•s
The trustees consider that the Charit￿$ aims and objectives aro fcff the pubk benefit srLce it is a wnt m&king
trust and grants are only rnade to other charitable org￿saI1c￿ not lo irwjividuals.
c. Maln acllvltles und•rtak•n to furth•r th• Char6ty$ pun)os•s for the publk ￿ner
The Iwstees consider all ￿lttefi applications m* lo them by ¢haritabl& tyganisalions. S￿h applications are
le￿￿￿ed by every trustee E￿or lo th8 trustees, four.monlhty meetings and thseussed al suth meetings.
Grants a￿ awarded ai s￿h meelings to those organisations 4*ffiich the trustees collectively consider lo be worthy
of their support. Grants arè aw¥ded wineipaly to instilutions based i)n level of reed and with
geographical bias towards Notb'nghamshire and Norldk.
Achl•v•m•nls and pwfornianc•
a. Key yrfornian¢• Indl¢ators
Key financial perfornwrKe i￿￿¢31(¥$ are thsojssed in deta"1 in the rev•w￿l of ￿1¥1￿.￿$ below.
b. Revlew ol adMtI
During the year the net income generated by the trust (after ¢h¥ging supikn costs but b8fore lakiTr3 account of
realised and unrea￿"sed gainsnosses on investment assets) was £141.986 (2022". £161,051). During the year the
trustees awarded grants amount¥ig in aggregate to £151.C¥)0 {2022' £123.5001. A breakdown of the grants
made to organisations for £1,OtKI or can found in note$ lo the accounts. The deffiat of nel in¢ome
over grants Tesujted in the accumuiaied inccrfne of ￿ charity lils free feseNesl decreasing from £91.793 10
£82,779.
The nel after-gTanl deficrt generated by the Intsl Ibeth takry a(xoJnt of realised unrealised gainfthosses
on inveslment assets} was £9,014 {2022." suwus of £37.551). The nel after-grant surplus for the yeaf {after
laknro account of realised and unrealised 9ainslk•sses on ￿Ve￿IMent assets) was £223,548 12022." defiat of
£593,892).
The net assets of the tTUSt al the yeaT 8rKI amounted to £5,810.382 (2022.. £5.586.834).
Page 2

THE CHARLES LirrLEIIWD HILL TRUST
Trusle8s' Roport Icontlnued)
Forth• Y•ar Endod 31 Drtombor 2023
Financial rnvt•w
a. Golng concom
After making appropriale enqimries. the truslees have a reasonable expedalion that the Charity has adequate
iesources to continue in operational existence for the thseeable fLrture. For ttms reason, th￿ continu8 to adopt
the going toneem basis in preparing the finanua ststements. F￿1her details regarding the adopti￿ of the gowig
concern basis can be found in the ar£O￿tIr￿j FAI1￿.
b. R•s•rves poli¢y
It is the general policy of the trust to retain all of the caFilal wlmth comwises part of rt$ reseNe$ and to distribute
each year through granls all of the trusfs income whKth is not used to meet its govemance and management
costs. However, the trustees reserve the abilty to retain pwl of the trusfs income for any ye¥ as part of its
reseNes and rnt to distn.bute the vthole of the unexperKled income rf in that year the trus¢ T￿￿1Ve$ insufficiont
appli¢alb)ns lor grants ￿1¢h the trustees ￿￿SId¥ werfthy of SUFWt ￿dIOr the trustses believe th8 value of
the Iru$f$ invgstments has fallen to a significant extent.
¢. Mat•r6al Inv•stm•nts poll¢y
The Iruslees. investment assets are managed by investment a(fviseTS. The appointment of inve$lmenl a(fvisers
is reviewed by the truslees periodicalty. The current advisers are Barratt & Cooke Limited who ￿e employed c
a dlsuetionary bass. They are inslructwj by the trustees to invest in a F￿110 whith wll generate a balance of
incomè and growth wlh a Medlun-h￿h nsk wofile.
During the ygar, the inv8slments 98nerated aggregate re￿.sed and uMealised gains of £232.56212022'. losses
of £631,443). aggregate ¥aue of the investments, irKluding c8Prtal cash of £148.6C6 {2022. £113.9831.
increased from £5,489,970 to £5.721.260. Tha i￿reaSe durir#J the y of 4.211AI compares *rylh a 9.01%
increase in the PIMFA Grovllh Index, the Iwstees, chosen benchmwk (in 2022 the aggre9ale value of these
inve3tment5 decreased over the year by 10.16% compared V•ith a Oeuease of 8.18% in the PIMFA Grovth Index
in that ￿or).
Stru¢turei governan￿ and manag8iixnt
•. C¢)nslttullon
The Irusl was estsblished under the wil of the lale Charles Liluvwcod Hill died on 6 Januw 1978 and is a
registered charity (charity nthmber 2863SOI. Undw hi8 he d￿ected that the tharitys fvnd should be used for
such charitable p￿pose5 a5 the trustees wi Ihw absdute th"scretion consider fil. The Iwst does not actively raise
funds bul seeks to ¢￿tinUe Ihe charitable g￿ng requested by the testat￿ carefijl stewardship of it8
existing resoLrces.
Pagè 3

THE CHARLES LITTLEWOOD HILL TRUST
TrUst￿S. R•port (eonllnwdl
For th• Year Ended 31 December 2023
Structur•. govornanco and managemènt Icontinuèd)
b. M•thods of appointmont or ohctlon of Tn*lo8S
Trustees are appointed as and sythen the corrtnuifvj tntstees think rrt Tr V+7K imposes no limitation on the
perityJ$ for which twstees sha15 serve arKI r￿ such hmrtalions have been made on the appointment of the cwrenl
trustees. Because grants ar8 made principaly to organisations based in NoltinghamslN're and Nc*Yolk. new
trustees are likety lo be persons who reside n and are knowledgeable about charitable ￿s￿Iltt1onS In those
counbgs.
At theii four-monthly meetings. the trusltts agree the broad strategy aThJ weas of activity for the trust. induding
considerats'on of grant makmg. Investment. reserves aml ri8k manag￿￿ polKw and perforynance.
The day lo day administrakn.on of the ganl processing and of the handliThJ of applicats.ons to consideralK)n by
the Iruslees is undertaken by Mr D N kn"n(ky can b& ccrf#acted at PO Box 104S4. Noth"ngham. NGS OHQ.
The Iruslees keep their skill requyemenls under rev*w. The trustees are er￿ouraged to attend relevant extemal
Irwning ￿ regard to relevant legislatth and Ch￿YeS and th￿r role as trusteès generally. The induction
P￿￿e$S for any nethy apwinled trustee Ixjmpnses of a meeting or meth.ngs ￿1th covers the powers and
responsibilrties of tfustees and the grant makn.ng {￿￿eSS adopted ty the trust. Newly appointed trustees are
provkjed ￿th copies of the will of the late Charle$ Lrtdewood Hill, copie5 of last Ihree years. annual reports
and accounts of the trust and of the M￿uteS of Ih8 last three years. tr￿0$, meets'ngs as well as a copy of the
Charity Commiswn's Televant gUK1￿ce.
. R•lat•d party rnlationships
The Laty Hind Trust is a conn8cted chanty becausa it has COmn￿)n trustees to The Chartes Littlewood Hill Trust.
The Lady Hind Trust 1$ a reg151ered tharity. charity registration number 208877 aKI can be cont&led al PO 8ox
10455. Nottingham, NG5 OHR. No transac￿n$ have laken place between Ihe two chariknes during the years
ended 31 December 2023 or 31 Decemtjef 2022.
d. Flnanclal rlsk manag•m•nt
The trustees have considered the wNKipal risks to *tich the c*arity 15 exposed, corKeming cash, irwestments
and grants and have reviewed those risks and have eSt￿l$hed systems and w¢xeilure$ lo manage those risks.
The iisk mèn4ement strategy is revievftd anN￿ty.
Plans for futurn pwiod8
The tfUStees' maTr)r objedi¥e is to enswe that in futwe the ￿oUnts of Ir￿Qme ￿ of expeThJitwe that are
available for distribution to other charitable organisathM weas8s year by year al a level in excess of infiation. if
possible. At the same time the trustees reccsnise Ihal they slKJuld continue to invest in top quality property
funds, fixed interest $￿UntIeS, index linked se￿nties aTrJ equities in order to enswe, a$ best as they can. the
continl￿d grovrth of lh8 trust f￿￿.
P&p4

THE CHARLES LifTLEWOOD HILL TRUST
For th• Y•ar End•d 31 D•¢wnbw 2023
Statemènt of Trustws. responsibilill•s
The tnjstees a￿ reSp￿sIble for Ihe Trustees. reFth and Ihe f•)anaal stalements in accordance wilh
appli¢able law and United Kingdom Acc(wnbry Standards (United Kingdom Generally Ac£epled Accounting
pra￿￿9).
The law applicable to Chari￿e$ in Erwj1￿d & Wales reQ￿re$ the trustees lo prepare ffiancaal statements for each
financial whKh give a true arKI fair ol the state of affars of the Chanty and of its in¢oming res0￿CeS and
application of resources, induding ils income * expendrture. for that In preparing Ih&se financial
$latemènts. the trustees are rewred to:
select surtable acco￿ling wlicies aTrJ then apply tt*m consistenlty:
obseNe the methods WKI PrifKiF4es of th8 charrt￿ SORP (FRS 102)"
make judgments and accounting estimates a￿ ￿asonable and pTr￿ent..
stsle vthether ¥plicable UK Accounting Standard5 IFRS 1021 have been followed. su*'ecl lo any material
departures disdosed and eXplai￿d in ts fin*Ki81 statem￿.
￿epa￿ the financial slalements on ts gory e4)rLem basis unless it is inappioprrate to presume that the
Ch* *ill continu8 in ￿K￿lneSS.
The trustees are respjnsble fcrf keepiTrJ •Jgwate accounlir¥J Ter￿d$ that are suffKient to show and explain the
Charitys Iran5adions and disdose reason&Ae ac(xJwy al any time the financial position of the Charity aNI
enable Ih8m to enwjre that the financial ￿￿eMentS comply wth Charib'ès Act 2011, the Charity (Accounts
and Reports} Regulaliws 2008 and the provisions of the Trust deed. They are also responsible for safeguardiNJ
the assets of the Chwrty hence tthng reasonable steps for the tKevenbon and detects.on of fraud arbd
other irregularities.
Disclosurè of Inforniatlon to auditors
Eath of the Ferson3 are trustees at the time this TTh￿. report is approved has confvmed that..
so far as that trustee is aware. there is M relevant audrt infcmation of whth Ihe charitys authlor$ ¥e
unaware, and
that twstee has tsken all th¢ steps Ulli ¢xKJ)t to have been takvt as o trustee in order to be awao of any
relevant au(At information arKI to est*Aish ¢harWs *¥Jitors we a￿e ofthat infomith'on.
AForoved by order of the membws of the Lvd of tn￿tea5 aThJ swd on thelr behalf ty.
N R Savory
Trustee
Date..
Page 5

ThE CHARLES LITTLEblY)OD HILL TRUST
Indop•ndenl Auditors. R•wt to the Mèmbws of Tho Charf•$ Littl•wood HMI Trust
Oplnlon
We have a￿lled the financi815talements ol The Chartes Little￿ Hll Tntst Ilhe'charityl for tha year ended 31
December 2023 which comprise the Statement of Finanoal Activrtie5, the Balance sheel and the related notes.
includiig a summary of ggnthcant ￿coUntIng pol￿￿ The financial reporting framework that has been applied
in their preparakn.on is applicable law and United Kingkni Aceounb"vvJ Standards, induding Fine￿￿al Reporting
Standard 102 'The Finanoal Reporting ￿Jard apr￿￿ in the UK Rew4)lic of Irel￿￿ (United King￿rn
Generally Acc8Fled Acowntmg Praclicel.
The fvlancial statements have b8en owred In accordance wilh A￿￿ting and Reporting by Ch￿rtIes
preparing their accounts in accofdance *ith ihe Finanual Reporb"ry Stsndards ar￿￿a￿de in the UK and Republic
of Ireland IFRS 1021 in weference lo the Accounb"ng and Reporting by Charities" Statement of Recommanded
Pract￿ issued on l ￿)ri12005 which is refwred to m th& ex1ant regulabons ha5 t*8n wrthdrawn.
This has been thne in txder for the acc(￿ntS to wovide a true fair view in acLordance w71h the Generally
Accepted Accounting Practice effective ts repL￿r￿j begimirffj on or after 1 January 2015.
In our opirion the fin8ncaal statements.
give a tfue and fair of the state of the charit￿S affars as at 31 December 2023 and of its incoming
resources and applicabon of reS0￿CeS the year then endod,.
have been properly prepared in accordance vthh UThled KiryJ(k)m Generaly Accepted Accounting
Practio.. and
have been prepared in aCc￿￿￿e vlih the requyements of the Chwilw Act 2011.
Ba¥ls for oplnlon
We COnd￿ted OLf aKlit in acC(*d￿ wilh lniema￿ Standards ￿ Auditing (UK) IISAS (UKII and applKable
law. Our responsibilibes mder those standards are further described in the Auditors, responsibilities for the audit
of the financial statements section of our report. Wa are independent of the challty in a￿rdaTrce with the ethical
requirements that are relevant to our authi of the finatKial statements in the United Kingdom. including the
Finawal Reporting CsyJncil'$ Ethi¢at Slandar(l. and have fulfilled our other ethical responsibilities in
accordance with these requrements. We believe that the autht eviden￿ VR have obtained is sufficient and
appropriate to pmwde a bass fry opin¥)n.
ConcluBions r•lallng to golng ¢oncem
In auditing the firbancial stat8m8nts. we have corKludèd that Ihe Twstees. use of the gcing concem basis of
accounting in the preparation of the finar￿1￿ statements is apwopriate.
8as8d on the we have perfom*d, V￿ t*ave rtot *Jenlifie(l any matenal uncertainties rèlating lo events or
eondilions that. in(*viduaty tx collectivety. may cast signfficant d￿￿bt on the charitys ability lo Continue as a going
oncem for a peri4>J of 01 le8sI t¥ftlve months ffcln Ihe finanoal statements are authorised for issue.
Our resp)nsits"lilie$ and the re5ponsbilitses of the Tnthes vllh respect io going are described in the
relevant sections of this reK¥xt.
P•3e 6

THE CHARLES LITTLE￿ HILL TRUST
Independenl Audltors. Report to th• M•mb•rs ￿ Th• Charfw Llttl•wood Hill Trust lcontlnuod)
Oth•1 information
The other lnfwmat￿n comprises Ihe information Ymjuded in the Annual report other than the ffina￿al ststements
and our Auditors. r8POrt Ihereon. The Twstees are ￿5&X)nsIble for the other infoThation contained within the
Annual ￿Port. Our Opini￿ on the ffin8r￿1 statements does not cover tho other information and. except lo the
extent othe￿is8 expliatly slated in ow rep*Nt. v* do not express any form of asSUra￿e conclusion thereon.
responsibility is to read ts olher information aThJ, in d￿n9 so. consder whether the other informalion 15
mate11￿lY incortstslent wrth th& fin￿cial st*ements CY cw knovAedge obtained in the course of the audit, or
olhemise appeaTS lo be materially misslaled. If ￿ K*nbfy such material inconsislerKie5 or apparent material
misslalemenls, we required to detem￿e this gives lo a material misststement in the ffinancial
statements themselve$. If. based on the have F*lormed. ¥￿ condude that there is a material
misstatement of this other inf0m￿tIOn, ￿ we requred to reF#Jt that facl.
We hwe nothing to rewt in this reg¥d.
Mattèrn on which ￿ arn requlred to report by •xcoptlon
We have nothlng to ￿k￿)rt in respecl d the fdthtying matss the Charities {AecoMts and Reports)
Rowlatic￿S 2008 requires ￿ to report to rf. in our opiwi:
the inlomiation given in the TrLtste8s' rewt bs irtLVtsiStent In any material respect vith the fin￿cial
statements; or
sufficient accounting rec￿d$ have nol been kept or
the finanual statements are rv)t in agreement with the accounting reccrtds and return$., ¢x
we have not re￿iVed all the information an(J exF4anation$ y￿ require for ow audit.
R•sponslbllitlo8 of tNst•es
As explaine(I more fully sn the Truslees. Tesponsibilitss staten￿nt. the Tr￿lee5 are responsible for the
preparation of the finan¢ial statements we a truo WKI fair View. and for suth intemal control as the
Trustees determine is wssary lo enable the weparatic￿ of financial statements Ihat are free from material
mi5Statemert 4th8ther due lo or ermr.
In prgwing the fin￿la1 statements. Ihe Tru*s are respMsitAe for assess1￿ the chariVs abih'ty to continue
as a g(4ng c￿Cern. disclosing. a$ apFAicatrde. matters related lo going conc*m and usiw the going C(￿￿n
basis of accountu￿ unless the Trustees either inlerKI lo liquidale the thallty or to cease operations. or have no
realistic altemative but to th so.
Page 7

THE CHARLES LlTfLEW￿D HILL TRUST
Independ•nt Audit(n' R•port to th• Membws of The Charl•s Llitlè¥K*od Hlll Trn$t Iwitlnugd)
Auditors, r•spOnslbllltl￿ fry the audll of the flnanclal statements
We hav8 been appoinl•d as au¢lrtor under sectiM 145 of thè ChaYit*s Act 2011 and rep¢Nt in accordance Y￿th
the Act and relev￿1 re9￿a￿n$ made or havmg effect thereU￿1er.
Our objectives are to obtain reasonable a$Swa￿ about the finanrial statements a$ a whole are free
fr(Nn Materi￿ misstalemenl. whether due lo fraud or error. and to ISSU8 an Auditors. report that ir￿lUdeS our
opinion. Reasonable assLrance ts a h￿h level of assuwce, bul is not a gu¥anlee that an authl conducted in
accordance wth ISAS (UK) will aKvays detect a material misstaten*nl when rt exists. Misstatements can arise
from fraud or efror and are conS￿ered material if, iTrJM"dually ￿ in the aggregate. they ¢c￿ld reasonably be
expe¢ted to influen¢e the ecLY￿71¢ dea￿on$ of users laken on the basts of tt*se ffinancial statements.
ITregularitie$. induding fra￿J. are ￿$tanCeS of n￿￿cOm{￿l.an¢e laws and regulations. We design proc8dures
in lin8 with resp￿$11)￿111￿$. ¢￿t11r￿0 above. to detect material misstslements In respect of irregularilies,
induding fraud. The exlent to *thich otw procedures Capable of dete¢ting irregularits8s, induding fraud is
detailed below:
We Identlfied that the principal risk of fr?￿j or non-comp1iw￿Q wlh laws r&3ulations related to..
management tias in respect ol acco￿￿n9 eslwnates ylgemenls mado:
managèment overrbje of conlrd..
posting of unusu* pumals or transact￿.
We foujssed on those areas th* ¢whY gve rrse to a mat￿la1 mi5slalemgrrt in the Tntsfs finandal statements.
Our procedures induded, but vmre not limi18d to..
Enquiry ol management axl chty govwnance atxual and Wential kn.gatI￿
claims.,
Reviowng miNtes ol meetings of those thwged *Tth goVerna￿e where availabk.,
Reviewng financial statement th"sdosTh and testing to supports'ng docLwnentsticn to assess compliance
with applicable laws and ￿￿alIc￿$.
Perfom)ing audit over the risk of management ov￿ride of controls, indLwJing testing of joumal entries
and other adjustments for apWoprkqt￿￿, eVaIL￿￿9 the ￿SInesS rationale of significant transactions
0￿side the normal ccwrse of blm￿$5 fevigwiTrJ estimates for tias.
11 is the wmary fespon&biMy of mwwent. *ilh Ihe ov*it of those ch￿•d with 9overnance. to ensure
th* the entitys operations are Cor1d￿ Ni wilh the w>v1$i￿5 of Iww5 and regulations and for the
prevention and detection ol fraud.
Because of the inherent limitation$ of an audil, there is a risk Ihat not detect all irregulaiilies. induding
those leadir4J to a malerHI misstatement in thè financi* ststements ￿ non-compli￿Ce with regulation. This risk
increases the more that Complian￿ wilh a law LY regwlation is removed from the events and transactions
renected in finanaal stslements. as we will b? ￿$$ likely to become aware of insknces ol non-compliance.
Tho risk is also greater reg¥ding iryegulwilies (￿u￿r￿9 due lo fraud rather than error, as fraud involves
intentional concealmenL forgery. cc41usion. omission or mMeWes￿kn.
A further descriplicfi of ow resp(Ktsitrflities kn the a￿1rt of the finanual statements ts ILxatgd on the Financial
Repth'ng Counc41's website at.. w*Av.frc.
.￿j￿diL
This description fomis part of o
Auditors, report.
Page 8

THE CHARLES UrrLE￿￿ HILL TRUST
Indop•ndont Auditovs. Report to th• IA•mb•rn of Tho Charfes Llttlewood Hlll Trust (￿ntinu•d)
Uso of our roport
This report is made 801ely to the chariws trLthes. as a body. in ac¢ordarte with Part 4 of the Charities
(Accounts and Reports) Regulab'ons 2008. Ow •Jdrt work has been Lmdertaken so that we might sL*e to the
haritls trust&es Ihose matters are reqwed to state to them in an A￿l￿OrS. report ar￿ for no other purpose
To the fullest exlenl permitted by law. we do rKJI accept or a5sune resporribility to anyone other than the tharty
and its trustees. as a lyJ*, for our aLbJil W￿k. for rewt. ty for the orlnions we have lomied.
PKF Smmh C¢)opor Audlt Lknlted
Statutory Auth"tors
2 La￿ Market Squ¥e
Nottingham
NG1 1PB
Dale.. 9 July 2024
PKF Smith Cooper A￿j11 ￿'mrted are dig￿le to acl as auditors in ternis of section 1212 of the cl￿panIeS Act
2006.
Page 9

THE CHARLES LlrrLE￿ HILL TRUST
For the Y•ar End•d 31 December 2023
Unrestrided
funds
2023
Total
nds
2023
T¢xal
funds
2022
Incom• from:
Investments
159.294
1S9.294
178.089
Total lThcom•
159.294
159.294
178.089
Expenditure on:
Chanlable activr
118.308
168.308
140.538
Totsl •xpendl¢urn
168.308
168,308
140.538
Not lexpenditur•)fincom• b•forn galrbslllosses)
on Invostmenls
Net gainslllossesl on investments
19.014
232.562
19,0141
232.562
37.551
1831.4431
Net movement In funds
223.548
223,548
1593,8921
RKoncillatlon ol funds:
Total funds bro￿ht fcwd
Net movement in funds
5.U6.834
223.548
5.586.834
223,548
6.180.726
(593.8921
Tolal lunds carrled for￿rd
5.810,382
5,810,362
5.586.834
The rb)tes M pages 12 to 22 form part of thtse finamal statements.
Page 10

THE CHARLES LrrrLEWOOD HILL TRUST
As at 31 D•cembw 2023
2023
2022
Flxed assets
Investments
5.572.654
5.375.987
Current a$sots
Cash at bank and in haTrJ
217.735
Creditors.. amounts fdllThJ due within one
year
(Q340)
16,8881
Not Cuwyont ass•ts
237.n8
210,847
Total au•ts cwrnnt Ilabllltl•s
s￿10.382
5,586.834
Total net asmts
s￿10,382
5,588,834
Charftyfvnds
Unrestricted fvnd$
5.810,382
5.586.834
Total funds
5.810.382
5.586,834
The financial statements were aFwved thriseil for issue by the Tntstees and signed on Iheir beh4f by..
C W L Barratt
Trustee
THF
Twstee
NR&wory
Tru$te¢
J D P•ars
Trustee
Date:
The notes on pa
2 to 22 fonn p* of Ilw ffirtarti￿ slalemwts.
Page11

THE CHARLES LirTLE￿￿ HILL TRUST
Nol•s to th• Fln•n¢ial St*t•m•
For the Year Ended 31 D•wnbgr 2023
Accountlng polkl•s
1.1 Ba¥1¥ of pr•p¥atlon of financlal st*tèm•nts
The financial statements have been prepared in a¢wdance wlh the chant￿ SORP (FRS 1021-
Accounting and Reporting by Charifies". Statemenl of Recommended Prackn"ce apph"cable to ch¥rties
pre￿ng their accounts in accord*￿ ttr￿ Financial Re￿rkn"n9 Standard applicable in the UK
and Rep￿)11¢ of Ireland IFRS 1021 (effectwe 1 January 20151. the Financial Reporting Standard
applic&*le in the UK Repubknc of IrelwKI (FRS 102) and Chanbès Act 2011
The finwal statements are Fw¥ed in SterfiThJ v&t¥ch is the funciKThl currency ol the Trust
rounded to the ne¥est £1.
The Charfes Littjewood Hill T￿￿1 meets the definit￿1 of a public benefft entty under FRS 102. As58ts
and liabilities are inib.aty reeogntsed al hist{￿¢* cost or transaction Value ￿lesS oth8Th*ise stated in
the relevant actourthng pcthcy.
1.2 In¢offlg
All income is recognised m Ihe Ch* has enbllement to the income, it is probable th* the
income ¥*ill be received and the ￿n￿nI of income receivable can be measured reliably.
Income from investm￿ts 1$ rècognised in the vK¢¥ne aThJ expendiiure xcount so as to match the
income within the wio(l it h05 been eamed. Any investment income receivèd in advance Of in
arrears is deferred or acuued in the bal￿ sheet accorth'n¥y.
1.3 Expondltwo
ExpeThJitur& is recognised there is a or conslructive c*)ligation lo transfer ecOr￿niC benefft
to a third party. it is Pfobable that a transfer of e￿1￿¢ b8neffts wil be required n sattlemenl and
the ￿n￿nI of the oblgati¢)n tan be meayjred feliatty.
Expendit￿e on ttwifabk aclivi¢bgs is incwred (ffi directy mdèrtaking the &bvIt￿$ vAy¢h further the
Ch￿￿3 obJ'ecliV￿ a5 weB as ary associaled S￿)p￿t eost$.
Support costs c￿npr￿a all expw)ditU￿ arising d￿Ing Ihe wmirvJ of the th￿ty.
1A Int•rnsl ￿￿1Vabl•
Interest on fwds hdd crfl deposit is induded 7kn receivable and the amwnl ¢an be measured
rdiably by the Chavity. is normally Up￿ rv)tificabon of the interest paid or payable by the
institution with Wh¢￿ the fwKIs (W. ed.
1.5 Invgslmgnts
Fixe(l asset investments are a fcrfm of financial instwmenl an(1 are initially recogni$ed ai their
transaclion cost and subsequentty measured at fair value at the balance sheet date. unless fair value
cannot be measured reliably in vthich ca$8 it is measured al coBt less impaimienl. Inveslmenl gains
and losse5, wthether realised or urnealised. *e cc1))b4￿ and presented as 'Gainsl(Lossesl on
inveslmenls, in the ststem￿l offManU￿ acbwties.
1.6 Cash at bank and In hand
Cash al bank and in hand indudes cash aTrJ short-term higNy liquid investments With a short maturity
of three months or less from the date of acquisit￿ or 0￿￿n9 of the deposit or similar accounL
Paje 12

THE CHARLES LITTLEW￿D HILL TRUST
Notss to th• Financlal Stat•m•nts
For tho Year Endod 31 Docemb•r 2023
counling pollcigs (continu￿)
1.7 cr￿•t0￿ and provlslons
Creditors and provisions ore recognised where tho charity ha5 a wesenl d)ligation resulting from
past event that VAI probably result n the transfer of I￿}dS lo a Ihird party and the amounl due lo setue
obligation Can be measLwed or estimated reliably. Creditors and wovisions are nomialty
recognised at Ihwr selknent amowrt after fc* any trade (liscounts thje.
1.8 Financlal Instrum•nls
Thè Charity onty has assets aThJ fmancial liat4'lities of a kind that qualify as basic financial
inslwments. Basic financial instrument$ ar8 iIMtiaUy recognlsed at transaction valL* and subsequenliy
measured at ther selllement value with Ihe exwib.on of bank loans vknith ￿e subsequently
measured al am￿lI$¢d ¢ost usirKJ the effective interest melkK•d.
1.9 Commisslon on Invostsrnnt transathn*
Profits on sales of inNYslments n8t of Commi￿On.
1.10 Fund a¢countlng
General furnls are unrestricted funds are avanabfe for use at the discretion of Ihe Tru5te8s in
fixtherance ol the general ctsjective$ of the Charity and wthich have not been designated for other
Investment ir￿OMe. gains and losses are al￿￿ated to ihe aFvopriate fuTrJ.
1.11 Grants pakl
Grants are recognised when tw are apwoved to be by the trusiees.
Investm•nt In￿me
UnreStr￿d
funds
2023
Total
lunds
2023
Tol
funds
2022
Bank ffiterest
In¥e$tmenl income
2,177
157,117
2.177
157.117
105
177,984
159.294
159,294
178,089
Total 2022
178.089
178.089
Page 13

THE CHARLES LrrTLE￿ HILL TRUST
Notss to thg Fln•nthl Stat•m•nts
For th• Y•ar End•d 31 De¢embor 2023
Analy81• of exp•ndlturo on ch￿11￿ activits
Summary by fund type
Unr•strict•d
funds
2023
Total
2023
Tol
2022
Unrestsicted F￿dS
168.308
168.308
140.538
Total 2022
140.538
140.538
Anatysls of expendilur• by actl¥lt
nd•rtak•n
directty
2023
Support
¢osts
2023
Total
funds
2023
Totsl
funds
2022
Unrestricled Funds
151.000
17.306
168,308
140,538
Analysls of dtrect costs
Umtrict
Funds
2023
Total
tund$
2023
Total
funds
2022
Grant$ (Note 12)
151,000
151.000
123,5¢XI
Total 2022
123,5CiI
123.500
Page 14

THE CHARLES LiTTLE￿0D HILL TRUST
Ilotas ¢0 th• Flnanclal Statsments
For the Y•ar End8d 31 DeG•mber 2023
Analysls of 0X￿ndI￿r? by •cllvltl•s (corrtlnu•d
Analysis of support cost5
Unroslrlct•d
Funds
2023
Total
funds
2023
Total
funds
2022
AdminislTation ex￿Se$
Audit and accountancy fees
Sto¢klwoker fees
Other expenses
8.942
6.342
8,217
6.889
6.342
1.160
1.C68
17.308
17,308
17,038
Total 2022
17.038
17,038
Audltors. MmuneYatk•n
2023
2022
Fees pardble to the Chari¥$ a￿ltty tr* ofthe Charitys ￿U81
accounts
6.888
Trust•M' rèmunoralion and exp•ns88
Durng the year. no Twstee$ received ￿Y remun￿#￿ crf ottr*r benefits (2022. £NIL).
Dumg the year ended 31 December 2023. no Trustee expenses have been incurred12022- £NILI.
Page15

Not•s to th• Flnanclal Stat•m•nts
For the Year Ended 31 DKember 2023
FIX￿ ass•1 InvKtm•nts
Li¥t•d
invèstmènts
Cost or valuallon
Al 1 January 2023
Additions
5,375,987
958.345
1987.3361
225.658
sposals
Revaluations
At 31 December 2023
5.572.654
N•t book valu•
At 31 Dècembèr 2023
5.572,654
At 31 Decembgr 2022
5.375.987
1 Ihe fued asset investm￿ts are hekl in the UK.
The investment acquisi11(￿$ ayj diS￿sa& ¥e r*t of mestrnent M￿ager fees and Commi￿lon5 of
£13.994 {2022: £9.5191.
The £232.562 of net gains (2022". £631.443 net losses) on investments in the SOFA includes £225.658
unrealised g*ns 12022: £771.683 unreatsed h)sses) and £6,904 realised gains (2022.. £140,240) in
relation to the fixed asset investments.
Credltors: Amounts falllng wlthln y•ar
2023
2022
Ac¢N￿$ and deferred irw
6,340
6.888
Page 16

ThE CHARLES L1TrLEb￿D HILL TRUST
Notss lo thè Finan¢lal Statements
For the Yow Ended 31 D•c•mb•r 2023
Slatomont of fitnds
SL*tament of funds- current yw
Balan¢? at
31
Gainsl Dec•m￿r
{Losses)
2023
Balan￿ at 1
January
2023
Incom• Expgnditur•
Unrestrlctsd funds
apital Attount
Income Accowt
&495.041
91.793
232,562
5,727.603
82.779
159.294
1168.308)
5,5a6,834
159.294
(168.308)
232.￿2
5.810,382
Statsm•nt of funds- prfor year
88lance at
31
December
Balance al
1 j￿ary
2022
Gainsl
(Losses)
Expenditure
2022
Unrestrl¢¢ed lunds
Cepitsl Account
Incorne Account
6,126.484
54.242
(631.443) 5,495.041
91,793
178.089
1140.5381
6.180.726
178,089
(140,5381
631.443) 5,586,834
10. Analysls of net assets between funds
Analysls of nel •ssots b•tw￿n funds . currnnt y•ar
Unr•strict•d
funds
2023
Tolal
funds
2023
Fixed asset investments
5,572,654
244.068
16.340)
&572.654
244.068
16,340)
Current assets
Creditors due witlin year
Total
5.810.382
5,810,382
Page 17

THE CHARLES LITTLEb%￿ HILL TRUST
Not8¥ 10 thg FIDanclal Stalements
Forth• Y•ar End•d 31 Decom￿1 2023
10. Anatysls of n•1 assets b•lwoen fvnds {conlinu•d)
Anatysls of nel a8$0ts bet¥fftn funds- prlor yw
Unre5tncted
lund$
2022
Total
fvnds
2022
Fixed asset investments
Current assets
Cre(Jilors due within one ypar
5,375.987
217.735
(6.8881
5.375,987
217,735
(6,8881
Totsl
S,586.834
5,586.834
11. Relat•d party transadions
C W L B￿att. a trustee. is a ¢Jrector of Barratt & c￿ke HL￿*r￿JS timiled. wlThe wholly owned subsithary
8arratt & Cooke Limited M￿ageS the Trust's wwe$tmen15. Fees aThJ cc*nmissKJns paid to Barfatt &
Ccoke Limited during the year amoLnled to £14.85412022.' £10.3961. Barratt & Cooke Limited does not
charge a periodic investment managemert fee. The trustees c(msider that the ￿muneratIon compares
favourabty Vlith tharges levied by ottw investswl managers. N R Savory. a Iru5tee. is also a r￿n-
execulive director of BaThatt & Cooke Limited.
N R Savory is a trustee of Wmuiryham Charrtable Trust lo which O syanl of £Nil 12022: £15,000) was
made duriThJ the ￿.
N R Savory is a trustee of MUS￿ in County Clwrthes to ¥thich a grart of £12.50012022.. £N￿} was mada
during the year.
T H Fafrfs wife is a trustee of Por11￿ Cdl8ge to a gr¥rt of £10,CN)012022.. £Nil) wa$ made during
Ihe year.
All trustees of ts trust vhKI have authority and resp)nskni ility for planNng. directin9 and corrtrolling the
activities of the trust are considered lo be key management personn81. T¢￿ remuneration in respect of
Ihese 1ndiw￿01$ is £M'I12ff22". £Nil).
12. Grants paid to inslltutions of £1.IMI 4x mowe
2023
Churchos
CommUr￿ty Chaplaincy Norfolk
The N+)rfc4k Churches Tntst
1,000
7.500
8.500
Page 18

THE CHARLES urrLEWOOD HILL TRUST
Not•s to th• Fknancial Stat•ments
For the Yoar Endgd 31 DKombor 2023
2023
Acccxnodatlon
The Amshouse A$s￿>all(
1,000
1,1)00
2023
Frozen Li&tht
Music In cO￿ty C￿rCheS
The Noth'ngham Arts Theatre
SoLrthweH kfvsic Fe*ival
1.000
12,500
3,000
3,000
19.500
2023
Educatlon
Belvoir Cncket & country￿d8 Trust
How Fthll Trust
1,OlXI
2,000
2.000
1.000
Literacy Volunleers in Nottinghamshire Sdwls
St E¢knunds Society
6.000
2023
Envlronmont
Noilinghamshire Wildlife Tntst
5.000
s.000
Page 19

THE CHARLES LITfLEw￿ HLL TRUST
Ilots• to Flnancial Stat•m•nts
Forthe Yo•r Ended 31 Docèmber 2023
2023
ServlG•$
ABF The Soldiers Charity- Nottin￿￿nthre
The British Forces FourKlal
3.000
1,000
4000
2023
MedkallDl￿bIed
B8￿mONd H￿Se Hospu Care
CICRA
Cysts"c Fibro￿$ Trust
Oogs for Good
Dove Cottage Day Ho¥rf¢e
Eating Matters
Kids Cancer Challty
Litde Hearts Matter
Multiple Sclerosis Trust
My Sight NOttingh￿s￿re
NatiLv)al Rheumalold Arthnlis Soc
The Norfolk Heart Tfust
Peter Le Marchanl Tfust
PortI￿d College
Prostate Cancer UK
Spinal Injuri8s Associatic
The Norfolk Hospice, TappiTr3 Hwse
rime NorfcAk
5.000
1.000
1,000
1.1)00
s,000
3.1)00
1,000
1,000
1,500
5,000
2.000
12.500
2.SOO
10.000
1.000
1.000
2,500
1,000
1,000
Young Eylepsy
58.000
Page 20

ThE CMARLES LirrLEWWD HILL TRUST
Notes to Flnancial Stat•m•nts
For tho Year Ended 31 DKember 2023
2023
Othor
CommuNty Sports FwrKlation
Norfolk Communty Foundation
Not￿n￿arnshire C14Jbs for Young People Ltd
5,000
2,500
1,500
9,000
2023
Wolfarn
Age Concem (North Norfdk)
caMpa￿n Against Living Miserably
Children's Bereavement Centre
1,000
1,000
sooo
3,000
1.000
1.000
3.000
2,000
2,000
2.000
1.000
1.000
1.$00
1,000
1,000
3,500
3.000
1.000
1.000
1.000
Comwaler Ev￿reenS
Happy Day3 Children's Ch
Hgbron Trust
Holl Youth Proied
The Lenton Cent
The Magdalene Group
Mansfield Woodh¢JJ5e Communrty De¥ek4)ment Gro
Norwich Ooor lo Door
Ncrfwich Men's Shed
Notts County Foundation
The Renewal Tnjst
Starftyht Children's F￿nd81
Trent Compassion Trust
Uricef UK
West Norfolk BelriendirKJ
YESU The Peo￿e'S Place
ZANE.. zlmbab￿- A National Emerg
36,000
Page 21

THE CHARLES LITfLEWWD HILL TRUST
Notss to the Flnancial Slatsm•nts
For th• Y•ar En¢knl 31 Do¢¢mbèr 2023
2023
Totsl grants paKI to Instituti￿ of £1,(MXI cf mrye
0￿r grants in aggregate
147,000
4.000
Tolal
151.000
Page 22