The Hanley Trust
Annual Report & Financial Statements
For the year ended
5th April 2021

The Hanl Trust
Pag¢ I
Annual Trusteu, Re
rt for the Year Ellded
th A ri12021
Legal aDd Administration DetaÉls
The trustees are pleased to present their r¢port logether with the fin2na¢ial statements for the year ended
5th April 2021. The financial statements have been prepared in accordance with the accounting
policies set out in the notes to th¢ a¢¢ounts and comply with th¢ chariWs governing document. The
Clwities Act 2011 and Accounting and reporting by Charities.. Staiemenl of Recommended Practice
appIl￿ble to charities prep2Ting their accounts in a¢¢Ordan￿ with the Financial Reporting Stanilard
applicable in th¢ UK and Republic of Ireland published October 2019.
The trustees aCtI￿g throughout the year, who were not renumerated, were:
The Hon Mrs Sarah T M Price
Mrs Emily R Martin
Mr William L G Swan
Mr Swan is, how¢ver, a partner in Currey & Co LLP, 33 Queen Anne StTe¢l, London WIG 9HY,
solicilors to ihe trust who provided ￿cretaria1, ac￿UntancY and t&K services. The Hon Mrs s￿ah
PriGe aJ]d Mrs Martin received reimbursement of administration exp¢nseg incurred in the year.
The investment portfolio managers are Canaccord Genuity Wealth ManagemenL 41 Lothbury,
London EC2R 7AE.
The ¢haTity's bankers are Natwest Bank plc, Halstead Branch.
The independent examiner is Ailsa Farey CA, of Millbank Financial Servi¢¢s Ltd Fourth
Floor, 10 Bruton Stre¢L London WIJ 6PX.
Strnetur4 Governance and Mgnagement
Th¢ charity was established by Trust Deed dated 27th Octol*r 1987 and is registered with
the Ch2rity Commission No.. 299209. The charity's addTess is J3 Queen Anne Street, London
WIG 9HY.
The power of appoin1m¢nt of new trustees is vested in the current trustecs. The trustees actively
review the perceived major risks which the Charity faces and the trustees aTe satlsfi¢d that the
syst¢ms in place mitigate these rÉsks.
The training needs of the trustees ate Tevi¢wed on an annua] basis. The trdining costs incurred
in the currenl yvdr are £Nil (2019120.. £Nil). They have Teceived appropriate briefing on the7r
responsibilities under the law relating to charities and theiT duty to ensur¢ that their charitable
activities axe for the public benefit. Th¢ selection of ￿tUre truste¢s will have regard to the skills.
knowledEe artd experience needed for the effective administration of the charity.

The HaDI
rusl
Page 2
Annual Trus
' Re ort for tbe Year Ended 5th A
ril 2021
Relatej Parti&$
No transactions twk place with related parties a]though expenses are charged for the service5
provided by Curr¢y & Co LLP as disclosed above.
Risk Management
The major risks io which the charity is theor¢ti¢ally cxposed are the incompetence of Tts
investment managers and the fraud or negligence of the irustees or their bankers, agents
or nominees. The trustees. having assessed th¢s¢ T15k5, are Satisfied that systems are in
place to mitigate the charitys exposure thereto.
Th¢ trustees have Satisfied themselves that the trusi is a going concern and has adequate r¢sour¢es
to continue in oper￿lOn81 existence for the foreseeable futur¢. The Charitable activities are funded
by th¢ investment portfolio and although Covid-19 ha5 had a negalive impacl on this, the portfolio
has sufficient Value to support continued grdnt making.
Obje¢tives and Activities
The objectives of the charity are to make graftts to 8u¢h charitable foundalions and for such
charitable purposes as the trustees in their discretion from time to time think frt.
The tr￿Stee$ seek to obtain a sustainable return from their investment p(>rtfolio and in particular an
income increasing at least in line with inflation over the medium term. The charity is Teliant on
Teceiving fteither additional funding from donors nor any paJticular level of income from its
investrnents.
The trustees nonrjally only mok¢ grants or ltsans to other registered charities. th¢y hav¢ never
considered applications by individuals for personai assistance whatever the charitable putyose.
The scope of th¢iT giving is determtned only by the extent of their resources; it is not otherwise
restricted either geographi¢ally or by th¢ type of activity carried on by prospective beneficiaries
or applicants.
Public Benefit
The trustees confirm that they have complied with the duty in section 17 of the ChaTities Act 2011
and have referred to the guidan¢e contained in the Ciwity Commission's general guidance on
public benefit when reviewing the Gharity'5 aims and objectives and in planning fuDJre activities
and setting the donation policy for the year. The benefit that arises is the provision of funding to
organisations that demonstrate ehariithle purpos¢.
Achievements and Perfortnartee
The trustees consider that their principal objectives are being achi¢v¢d and are pl￿ed with the
progress mad¢ in the financial year ended 5th April 2021 and lo(Trk fotward to expanding their work
with many other charities in the years to come.

The H2nl Trnst
Annual Trustees, Re
ort for the Year Ended 5th A
ri12021
Financial Review
On 5th April 2021 th¢ investTnent portfolio wag worth £1,362,049 (2020.. £1,077,517) and
in the year ending on 5th April 2021 the inv￿tment incorne was £46.858 (2019120: £50,667).
Expenditure on chariiable activities totall¢d £46,lJ 112019120.. £50,871). The ¢haTikbl¢ grants
made in 2020121 varied in size from £1 00 to kn,000. The trustees are satisfied that the
charity's assets are available and adequate to meet its obligations.
Fixed knet Investments
Investments are a forni of basic financial instrument and are initia]ly reCO￿lS¢d ￿ their transaction
value and subsequently measured at their fair value as at the Balance Sheet date using the closing
quoted market price. The Statement of FinanciaI Activities ineludeg th¢ net gains and losses arising
on revaluation and dispc>galg throughout the year.
The rnain forni of fmaft¢ial risk faced by the charity is that L)f volatility in equity markets and
investment markets due to wider economic conditions, thc attitude of investors to investment ris
and changes in sentiment concerning equiti¢s and within parti¢ular sectors OT sub sectors.
Realised GaiDS and Losse5
All gains and loss¢s a￿ reported in the Statement of Financial Activities as they arise. Reaiis¢d gains
and loss¢s on investments calculated as the difference brfween sales prc¢eeds and their
opening carrying value or their puTCh￿ valu¢ if a¢quir¢d subsequent to the first day of the
fin3ncl￿ ye￿. Unrealised gains and losses are calculated as the diffcr¢nce between the fair value
at the year end and their carrying valu¢. R¢alised a¥Ed unrealised investment gains and losses
are combined in the St£lement of Financial Activities.
EEnployees
The charity cmploys no staff.
Investment Policy
Under the Trust Deed the trustees are empoweT¢d to invest in any mode of investtnent which
the trustses could effect if they were absolthely and beneficially entitled.
Th¢ investment policy is monitored by regular investment reports and annual m¢¢tings with the
Investment Manag¢r. A br¢akdown of the investments held at the financi￿ year ended 5th April
2021 can be seen on pages 12 and 13.
Reserve5 Policy
It is th¢ trustees, polfftcy to distribute approximately one year's investment in¢ome in the Course
of each financial yeaT and to Tetain as a reserve only sufficient to be to respond expeditiously
and when appropriate to urgent appeals
At the Balance Sheet date the UnTestri¢ted reserves amounted to £1.393.957.
Pl8n$ for the Future
The trustees intend that the prill¢ipal objectives should be pursued in perpetuity.

The Hanle
Trust
Pag¢ 4
Annu#l Tru$te¢s' R¢ ort for tbe Year Ended 5th A ril 2021
St*temeDt of Trustees, RespoDsibiliti¢s
The trustees are responsible for preparing the trusiees, report and the finan¢ial ststements
in accordance with applicable law and regulations.
The law applicable to chaTities in England and Wales requires the trustees to prepare financial
statements for each financial year in accordance with United Kingdom Generally Accepled Accounting
Pra¢ti¢e (United Kingdom A¢¢ounting Standards and applicable r¢gulations}. Under that law the
trustees must not appove the financial statements unless they are satisfied that they give a true
and fair view of the state of affairs of the charity and of the incoming resources and application of
resources of th¢ charity for that perlod.
In prep￿ing these financial statements, the trustees are required io..
sele¢t suitabl¢ a¢¢ouDting poli¢ies and then apply them consistently;
observe the methods and principles in the Charities SORP (FRS 102).
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting Standards have been followed, subj¢th to any material
departures disc105ed and explained in ihe finan¢ial statements. and
prepare the financial statements on the going concem basis unl¢ss it is inappropriate to
Presume that th¢ charity will continue in business.
The trustees are responsible for keeping adequate accounting records which suffici¢nt to show
and explain the charity's transactions and dis¢los¢ with reL8onable accuracy at any time the financial
position of the charity and enable them to ensure that the financial Statements ¢omply with ihe
Charities A￿ 2011, the Charitie5 (Accounts and Reports) Regulations 2008 and the provisions of the
Trust Deed. They are 21$0 responsible for safeguarding the assets of the Charity and hence for tsking
reasonable steps for the Prevention and detection of fraud and other irregularities.
W L G Swan on behalf of the Trustees
2022

Page 5
The Hanley Trust
Statement of Financial Activities
For the Year ended 5th April 2021
Unrestricted Funds
Notes
2021
2020
Income from:
Investments
Total
46,858
46,858
50,667
50,667
Expenditure on:
Charitable activities
Raising funds
Total
(46,131)
(14,022)
(60,153)
(50,871)
(13,731)
(64,602)
Net incomel(expenditure)
(13,296)
(13,935)
Gains/(losses) on investments
Net movement in funds
14
313,044
299,748
(238,088)
(252,023)
Reconciliation of funds:
Fund balances brought fonvard
1,094,209
1,346,232
Fund balances carried foThard
£1,393,957
£1,094,209

Page 6
The Hanley Trust
Balance Sheet as at 5th April 2021
Unrestricted
Funds
Unrestricted
Funds
Notes
2021
2020
Fixed Assets
Investments at current value
io
,362,049
1,077,517
Current Assets
Cash at bank and on deposit
Debtors
12
77,527
67,169
77,532
67,174
Creditors: Amounts due
within one year
Accruals
13
(45,624)
{45,624)
(50,482)
(50,482)
Net cu￿ent assets
Total Net Assets
31.908
£1,393,957
16,692
£1,094,209
The Funds of the Charity
Unrestricted fimds
Total Charity Funds
1,393,957
£1,393,957
1,094,209
£1,094,209
Approved by the trustees on
and signed on their behalf by
(Trustee)
..2022

Page 7
The Hanley Trust
otes to the Financial Statements for the Year Ended
5th April 2021
l Accounting Policies
a) Basis of Financial Statements Preparation
The financial statements of ihe charity, which is a public benefit entity, have been prepared
in accordance ￿7th the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities". Ststement of R¢comm¢nded Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting StandaTd applicable in the UK and
Republic of ITeland (FRS 102) (effective l January 2015),, the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland and the Charities Act
2011. The financial ststements have been prepared under the historical cost convention.
The financial statements have been prepared to give a'true and f&iT' view and have departed
from the Ch￿ltieS (Accounts and Reports) Regulations 2008 only to the extent required to
give a 'true and faxr, view. This departure has involved following Accounting and Reporting
by Charities preparing their accounts in accordance with the Financial R¢porting Standard
applicable in the UK and Republic of Ireland {FRS 102) issued in October 2019 rather than
the Accounting and Reporting by Charities.. Stst¢m¢nt of R¢¢onun¢nded Practice effective
from I st April 2005 which has since been removed.
b) Nathre of Funds
All funds held are unrestricted and th¢ trustees are free to use them in accordance Mqth the
charitable objects.
e) Fiied Asset Investments
Investments are stated at market value at the Balance Sheet date. Overseas investments are
traThsl2ted into sterling at the rates ruling at the year end. The Statement of Financial
Activities (SOFA) includes the net gains and losses on revaluation and disp)sals throughout
the year.
d) Inve$tmenÉ Ineome
Inveslment Income is accounted for when receivable and is stated gross of any reclaimable
taxation relief.
¢) Raising Funds
Expenditure ks accounted for on an accnLqI basis and has been classified undeT headings
that aggregate all costs related to that category and are shown in the notes to the financial
5tat¢ments.
D Charitable Grants
Grants payable are recognised in the SOFA when they aTe appToved by the trustees and
the recipient has been infornied of the amount to b¢ paid.

Page 8
The Hanley Trust
Notes to the Financial Statements for the Year Ended
5th April 2021
g) Foreign Currencies
Transactions denominated in a foreign cuNency are translated into sterlÈrAg at the rate of
exchang¢ ruling at the date of the transaction. At the Balance Sheet date monetary assets
and liabilities denominated kn a foreign currency are translated at the rdte Tuling at that date.
All exchange differences are dealt ￿1th in the SOFA.
Remuneration of Trustees
In the financial year to 5th April 2021 the trustees did not receive any renumeration
(2019120: £Nil) but did receive reimbursement for expenses incurred in the year.
2021
2020
3 Investment Income
UK Interest on Stocks - quoted
UK Dividends - quoted
Unit Tntst Dividends
Overseas dividends
Property income distribution
Bank Int¢r¢st
4,059
28,383
33,945
2.140
11,203
125
14,416
£46,858
£50,667

Page 9
The Hanley Trust
Notes to the Financial Statements for the Year Ended
5th April 2021
Direct
costs
(see note 5)
4 Chgrit*ble Activities
Support
costs
{see nole 6)
Tot21
Charitable expenditure
£37,700
8,431
46,131
5 Direct Costs
The Charity undertook no direct charitable activities but awarded grants to a number of
institutions in furtheran¢e of its charitable objectives. These are as follows:
2021
2020
Grants made to institstions
1st Uppingham Scout Group
1st Uppingham Brownies
Age UK
AEzheimeVs Research UK
A17.heim¢r's Socicty
Amnesty international
Anglo Scottish Seaf(K)d Trdining
Bethany Christian Trnst
Break
Butler Trnst
Cancer Research UK
Canine Partners
Castelnau Centre Project
Catch 22
Christian Aid
Cirdan Sailing Trust
Community Emergency Food Bank
Corby Mind
Corby Voluntary & Community Services
Cruse Bereavement Care
Depaul UK
Dove Cottage Day Project
East London Metropolitan Opera
Endeavour Training
ENRYCH
Farn] Community Network
Balance clf
250
250
250
500
250
250
1,000
500
500
500
2,500
500
1,000
250
500
250
500
100
500
250
500
250
250
1,000
500
500
500
2,500
500
,000
250
500
loo
750
500
500
1.000
250
500
250
500
500
500
500
13.100
750
500
12.850

Page 10
The Hanley Trust
Notes to the Financial Statements for the Year Ended
5th ApTiI 2021
2021
2020
5 Grants made to 111stitstions coot.
Balance blf
FÈshemien's Mission
Furniture Project NOtting1￿MShirc
Gingerbread
Gu￿S & St. Thomas, Charity
Hands Up Foundation
H¢l¢n Arkell Dyslexia Centre
Hospice UK
Howard L¢4ipu¢ for Penal Refonn
Irene Taylor Trust
Koestler Trust
Kurdish Aid Foundation
L'Arche Belfast
Ladywood Furniture Project
Lakelands Day Care Hospice
Langley House Trust
Leic & Rutland Community Foundation
Leicestershire & Rutland Headway
Leicestershire & Rutland Victim Support
Living Hope Belfast
Livina On Bereavement S¢rYÉce
LOROS
Macmillan Cancer Support {L¢ics & Rutland)
Maid￿One Riverside Trust Fund
Marie Curie Caneer Care (Fosse Health Trust)
Medeeing Sans Frontieres
Medical Aid for Palestinians
Mental 14ealth Foundation
MtND
Music in LYddin￿On
Mustard Tret
New Futures Project
Open Minds
PACT
Prader Willi Syndrom¢
Prison Phoenix Trust
Project Trust
Samaritans
St. Vincenl's Furni￿re Store
Tangled Feet
Tim Parry & Jonathan Ball Foundation for Peace
Motor Proj¢¢t
12,850
500
250
500
13,100
500
250
500
250
1,000
500
500
1.000
2,500
500
500
500
500
250
500
500
100
250
500
1,000
500
500
1,000
3,000
500
500
500
250
500
500
100
soo
500
250
250
500
250
1,000
1,000
500
500
250
250
500
250
1,000
500
500
500
100
500
500
500
500
500
500
250
500
500
1,000
500
500
500
500
1,000
500
500
250
500
500
3,000
500
500
36,450

Pagell
The Hanley Trust
Notes to the Financial Statement$ for the Year Ended
5th Aprll 2021
2021
2020
S Grants made to institutions conL
Balance blf
Village Water
Voluntary Action RUt]￿d
Waming Zone (Leits & Rutland Crim¢b¢at)
Wooden Spoon
Young Minds
Donations written off (previous y¢arl
36,450
500
500
500
500
1,000
11,750)
£37.700
34,300
500
500
500
250
1,000
£i7.050
Anatysis of grants made
Gr#Trt5 to
Grants to
ittstitsÉions individua15
Total
Prevention or relief of poverty
Advancement of=
education
religion
hea]th or the saving of lives
citizenship or community development
the arti cuknire, heritage or sci¢n¢e
alnateur sport
human rights
the relief of those in need
Any other charitable purposes
2,000
2,000
2,250
750
2,600
2250
6.500
1,000
1.500
20.600
2,250
750
2,600
2,250
6,500
1,000
,500
20.600
£39,450
£0
£39,450
2021
2020
6 Support Costs
GoY¢rn#n¢¢ ¢ost5
AdmiTli$tr4tiv¢ ¢xp¢ns¢s
Bank Charges
Independent examination fee
5,760
1,851
I05
715
£8,431
5,760
105
£5,865
7 Exp¢DditUT¢ on Raisin¥ Funds
2021
2020
Investment management fees
£14,022
£13,73 1
8 Staff Costs
There are no employees so consequently no stsff costs have been incurred.
2021
2020
9 Debtors
Capital outstanding
£5
£5

Page 12
The Hanley Trust
Notes to tlxe Financial Statements for the Year Ended
5th April 2021
10 Invtstments held at Sth April 2021
Nomingl
Shareholding
5.4.2021
Mark¢t Value
3.850
31 Group plc 73.8636p Ord
11,546
3i Infr&structure Ord NPV
1,900 BHP Group plc USSO.50
900
CRH plc Euro 0.032 Ord
I,ioo
Diageo plc 28 1011108p Ord
30,000
Digital 9 Infr&8tructure Ord NPV
34,000 E¢ofin US Renewable Ord US$O.01
35,000
Ecofin Global Utilities & lofra TR plc I p Ord
9,400 Fidelity China Sp¢¢ial Situations Ip Ord
JOO Findlay Park plc FP American Smaller Co's Trust
2,000
GlaxoSmithKline plc 25p Ord
3,250 Goldman Sachs AMFS Global Emerging Markets Debt Dist
30,000 GCP Asset Backed Income Fund Ltd Ord NPV
22,500
International Public Partnership Lid 0.0001 p Ord
900
Johnson Matthey plc £1.109245 Ord
30.200 JPMorgaD Global Emerging Ip Ord
12,500
JPMortsan US Equity Income Fund C Inc
7,500
Law Debentuies plc 5p Ord
7,500 Manchester & London 25p OTd
14,000 Marlborough Fund Manag¢rs Multicap Incolne P Inc Nav
40.000
Middlefi¢ld Canadian Inc PCC Red Part Pref ShaTe5 £ NPV
5,000
National Grid Co plc 12.431289p Ord
65,000
NB Global Ploating Rate In¢ Fund Ltd Red Ord NPV £
4,871
Polar Capital Funds plc Globa] Conv l £ Dis
35,000
Polar Capital tilobai 5p Ord
4,000
Princess Private E Ord Euro 0.001
3,675
Ricardo Group plc 25p Ord
900 Rio Tinto plc l Op Ord (Regd)
1,300 Royal Dthch Shell'B' Shares Euro 0.07
17,000 Schroder Oriental Income Fund Ltd Ip Ord
21,366 Schroders US Smaller Co's Z Income
2,000
Smith & Nephew plc 12.22p Ord
16.000 Treasury 4 118Tr/￿ Index Linked Stock 2030
650
Unilever plc 0.0311 I p Ord
1,700
Worldwide Healthcare plc 25p Ord
45,179.75
34.233.89
39,292.00
30.105.00
33,077.00
30,225.00
25,075.00
6J.175.00
40,420.00
)5,835.40
25.552.00
32,305.00
27,900.00
?7,845.00
27.126.00
43.790.00
46.687.5
54.225.00
42,075.00
20,927.20
40.400.00
43,175.00
5i,4iO.00
50,020.91
54,862.50
42.205.58
15,949.50
49,320.00
17.360.20
47,430.00
36,515.17
27.190.00
59,671.36
26,143.00
63.325.00
£1,362,048.96

Page 13
The Hanley Trust
Notes to the FIDan£ial Ststements for the Year EDded
5th April 2021
11 Fixed Asset Investments
2021
2020
Markd value brought fonvard
Additions
L¢ss disposal proceeds
Net gainsl(Iosses) OD investments
Market value carried forward
1,077.517
142,032
(170.544}
313,044
£1,362.049
2021
I,J14.313
126,710
(125,418)
(238,088)
£I,077,5 17
2020
Geographical analysis
United Kingdom invesknents
Overseas investments
1202,591.00
159,458
£l,J62,049
94J.335
li4.182
£1.077,517
The bch)k value of the inVe￿ments at 5th April 2021 is £975,023.
Net gaIn￿(loS5es) on investtnents includes realised gains for the year of £16,272 [2020.. gain
£4.751] and unreali5ed gains/(Ios5es) on revaluation to tnarket value of £296.771 [2020.. loss £242,839].
12 Cash at Bank
2021
2020
Natwest Bank plc
Manorbridge Investment Management
16,033
61,494
£77,527
56,513
10.657
£67,170
2021
2020
13 Creditors: Amounts due witbin one year
Administrative expenses- T￿$t£¢
Currey & Co LLP
Independent examfftrtation fee
Donations approved but not paid
1,851
3.108
715
39.950
£45,624
5,679
7,038
715
37,050
£50,482

Pag¢ 14
Tbe Hanley Trust
Notes to the ￿nanCIal Statements for the Year Ended
5th Aprll 2021
14 Movement in Funds
2021
2020
Unrestricted Funds..
Balance brought forward
Net movement in fund5
Balance carried forward
1,094,209
299,748
£1,39).957
1,346,232
(252,02J)
£1,094209
Net movement in funds included in the above are as follows-.
Gains and Movement in
losses
funds
Income
Outgoings
Unrestricted fimds
46,858
(60,153)
313.043
299,748

Page 16
The Hanley Trust
Accounts for the Year Ended 5th April 2021
2021
2020
Capital Account
Balance at 6th ApriE 2020
Add.. Profitl(Loss) on Sale of Investtnents
1,286,135.39
16,272.24
1,302,407.63
296,771.34
£1,599,178.97
1,524,223.10
4,751.66
1,528,974.76
-242,839.37
£1,286,135.39
Add: Unrealised Gain/(Loss) on Investments
Balance at 5th April 2021
Income Account
Income from Investments (gross)
Interest supplement
Interest (gross)
46,857.51
0.00
0.00
46,857.51
50,664.56
0.00
2.52
50,667.08
Expenditure
Independent examination fee
Bank charges
Investment management fees
Accountancy fees
Administrative expenses
-715.20
-106.00
-14,022.21
-5,760.00
-1,850.99
24,403.11
-998.70
-105.00
-13,730.72
-7,038.00
-5,679.70
23,E 14.96
Grants made in year
-37,700.00
-13,296.89
-191,924.98
-205,221.87
-37,050.00
-13,935.04
-177,989.94
-191,924.98
Balance at 6th April 2020
Balance at 5th April 2021
Total unrestricted fund at 5th April 2021
£1,393.957.10
£1,094,210.41

The Hanley Trust
Annual Report & Financial Statements
For the year ended
5th April 2021

The Hanl Trust
Pag¢ I
Annual Trusteu, Re
rt for the Year Ellded
th A ri12021
Legal aDd Administration DetaÉls
The trustees are pleased to present their r¢port logether with the fin2na¢ial statements for the year ended
5th April 2021. The financial statements have been prepared in accordance with the accounting
policies set out in the notes to th¢ a¢¢ounts and comply with th¢ chariWs governing document. The
Clwities Act 2011 and Accounting and reporting by Charities.. Staiemenl of Recommended Practice
appIl￿ble to charities prep2Ting their accounts in a¢¢Ordan￿ with the Financial Reporting Stanilard
applicable in th¢ UK and Republic of Ireland published October 2019.
The trustees aCtI￿g throughout the year, who were not renumerated, were:
The Hon Mrs Sarah T M Price
Mrs Emily R Martin
Mr William L G Swan
Mr Swan is, how¢ver, a partner in Currey & Co LLP, 33 Queen Anne StTe¢l, London WIG 9HY,
solicilors to ihe trust who provided ￿cretaria1, ac￿UntancY and t&K services. The Hon Mrs s￿ah
PriGe aJ]d Mrs Martin received reimbursement of administration exp¢nseg incurred in the year.
The investment portfolio managers are Canaccord Genuity Wealth ManagemenL 41 Lothbury,
London EC2R 7AE.
The ¢haTity's bankers are Natwest Bank plc, Halstead Branch.
The independent examiner is Ailsa Farey CA, of Millbank Financial Servi¢¢s Ltd Fourth
Floor, 10 Bruton Stre¢L London WIJ 6PX.
Strnetur4 Governance and Mgnagement
Th¢ charity was established by Trust Deed dated 27th Octol*r 1987 and is registered with
the Ch2rity Commission No.. 299209. The charity's addTess is J3 Queen Anne Street, London
WIG 9HY.
The power of appoin1m¢nt of new trustees is vested in the current trustecs. The trustees actively
review the perceived major risks which the Charity faces and the trustees aTe satlsfi¢d that the
syst¢ms in place mitigate these rÉsks.
The training needs of the trustees ate Tevi¢wed on an annua] basis. The trdining costs incurred
in the currenl yvdr are £Nil (2019120.. £Nil). They have Teceived appropriate briefing on the7r
responsibilities under the law relating to charities and theiT duty to ensur¢ that their charitable
activities axe for the public benefit. Th¢ selection of ￿tUre truste¢s will have regard to the skills.
knowledEe artd experience needed for the effective administration of the charity.

The HaDI
rusl
Page 2
Annual Trus
' Re ort for tbe Year Ended 5th A
ril 2021
Relatej Parti&$
No transactions twk place with related parties a]though expenses are charged for the service5
provided by Curr¢y & Co LLP as disclosed above.
Risk Management
The major risks io which the charity is theor¢ti¢ally cxposed are the incompetence of Tts
investment managers and the fraud or negligence of the irustees or their bankers, agents
or nominees. The trustees. having assessed th¢s¢ T15k5, are Satisfied that systems are in
place to mitigate the charitys exposure thereto.
Th¢ trustees have Satisfied themselves that the trusi is a going concern and has adequate r¢sour¢es
to continue in oper￿lOn81 existence for the foreseeable futur¢. The Charitable activities are funded
by th¢ investment portfolio and although Covid-19 ha5 had a negalive impacl on this, the portfolio
has sufficient Value to support continued grdnt making.
Obje¢tives and Activities
The objectives of the charity are to make graftts to 8u¢h charitable foundalions and for such
charitable purposes as the trustees in their discretion from time to time think frt.
The tr￿Stee$ seek to obtain a sustainable return from their investment p(>rtfolio and in particular an
income increasing at least in line with inflation over the medium term. The charity is Teliant on
Teceiving fteither additional funding from donors nor any paJticular level of income from its
investrnents.
The trustees nonrjally only mok¢ grants or ltsans to other registered charities. th¢y hav¢ never
considered applications by individuals for personai assistance whatever the charitable putyose.
The scope of th¢iT giving is determtned only by the extent of their resources; it is not otherwise
restricted either geographi¢ally or by th¢ type of activity carried on by prospective beneficiaries
or applicants.
Public Benefit
The trustees confirm that they have complied with the duty in section 17 of the ChaTities Act 2011
and have referred to the guidan¢e contained in the Ciwity Commission's general guidance on
public benefit when reviewing the Gharity'5 aims and objectives and in planning fuDJre activities
and setting the donation policy for the year. The benefit that arises is the provision of funding to
organisations that demonstrate ehariithle purpos¢.
Achievements and Perfortnartee
The trustees consider that their principal objectives are being achi¢v¢d and are pl￿ed with the
progress mad¢ in the financial year ended 5th April 2021 and lo(Trk fotward to expanding their work
with many other charities in the years to come.

The H2nl Trnst
Annual Trustees, Re
ort for the Year Ended 5th A
ri12021
Financial Review
On 5th April 2021 th¢ investTnent portfolio wag worth £1,362,049 (2020.. £1,077,517) and
in the year ending on 5th April 2021 the inv￿tment incorne was £46.858 (2019120: £50,667).
Expenditure on chariiable activities totall¢d £46,lJ 112019120.. £50,871). The ¢haTikbl¢ grants
made in 2020121 varied in size from £1 00 to kn,000. The trustees are satisfied that the
charity's assets are available and adequate to meet its obligations.
Fixed knet Investments
Investments are a forni of basic financial instrument and are initia]ly reCO￿lS¢d ￿ their transaction
value and subsequently measured at their fair value as at the Balance Sheet date using the closing
quoted market price. The Statement of FinanciaI Activities ineludeg th¢ net gains and losses arising
on revaluation and dispc>galg throughout the year.
The rnain forni of fmaft¢ial risk faced by the charity is that L)f volatility in equity markets and
investment markets due to wider economic conditions, thc attitude of investors to investment ris
and changes in sentiment concerning equiti¢s and within parti¢ular sectors OT sub sectors.
Realised GaiDS and Losse5
All gains and loss¢s a￿ reported in the Statement of Financial Activities as they arise. Reaiis¢d gains
and loss¢s on investments calculated as the difference brfween sales prc¢eeds and their
opening carrying value or their puTCh￿ valu¢ if a¢quir¢d subsequent to the first day of the
fin3ncl￿ ye￿. Unrealised gains and losses are calculated as the diffcr¢nce between the fair value
at the year end and their carrying valu¢. R¢alised a¥Ed unrealised investment gains and losses
are combined in the St£lement of Financial Activities.
EEnployees
The charity cmploys no staff.
Investment Policy
Under the Trust Deed the trustees are empoweT¢d to invest in any mode of investtnent which
the trustses could effect if they were absolthely and beneficially entitled.
Th¢ investment policy is monitored by regular investment reports and annual m¢¢tings with the
Investment Manag¢r. A br¢akdown of the investments held at the financi￿ year ended 5th April
2021 can be seen on pages 12 and 13.
Reserve5 Policy
It is th¢ trustees, polfftcy to distribute approximately one year's investment in¢ome in the Course
of each financial yeaT and to Tetain as a reserve only sufficient to be to respond expeditiously
and when appropriate to urgent appeals
At the Balance Sheet date the UnTestri¢ted reserves amounted to £1.393.957.
Pl8n$ for the Future
The trustees intend that the prill¢ipal objectives should be pursued in perpetuity.

The Hanle
Trust
Pag¢ 4
Annu#l Tru$te¢s' R¢ ort for tbe Year Ended 5th A ril 2021
St*temeDt of Trustees, RespoDsibiliti¢s
The trustees are responsible for preparing the trusiees, report and the finan¢ial ststements
in accordance with applicable law and regulations.
The law applicable to chaTities in England and Wales requires the trustees to prepare financial
statements for each financial year in accordance with United Kingdom Generally Accepled Accounting
Pra¢ti¢e (United Kingdom A¢¢ounting Standards and applicable r¢gulations}. Under that law the
trustees must not appove the financial statements unless they are satisfied that they give a true
and fair view of the state of affairs of the charity and of the incoming resources and application of
resources of th¢ charity for that perlod.
In prep￿ing these financial statements, the trustees are required io..
sele¢t suitabl¢ a¢¢ouDting poli¢ies and then apply them consistently;
observe the methods and principles in the Charities SORP (FRS 102).
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting Standards have been followed, subj¢th to any material
departures disc105ed and explained in ihe finan¢ial statements. and
prepare the financial statements on the going concem basis unl¢ss it is inappropriate to
Presume that th¢ charity will continue in business.
The trustees are responsible for keeping adequate accounting records which suffici¢nt to show
and explain the charity's transactions and dis¢los¢ with reL8onable accuracy at any time the financial
position of the charity and enable them to ensure that the financial Statements ¢omply with ihe
Charities A￿ 2011, the Charitie5 (Accounts and Reports) Regulations 2008 and the provisions of the
Trust Deed. They are 21$0 responsible for safeguarding the assets of the Charity and hence for tsking
reasonable steps for the Prevention and detection of fraud and other irregularities.
W L G Swan on behalf of the Trustees
2022

Page 5
The Hanley Trust
Statement of Financial Activities
For the Year ended 5th April 2021
Unrestricted Funds
Notes
2021
2020
Income from:
Investments
Total
46,858
46,858
50,667
50,667
Expenditure on:
Charitable activities
Raising funds
Total
(46,131)
(14,022)
(60,153)
(50,871)
(13,731)
(64,602)
Net incomel(expenditure)
(13,296)
(13,935)
Gains/(losses) on investments
Net movement in funds
14
313,044
299,748
(238,088)
(252,023)
Reconciliation of funds:
Fund balances brought fonvard
1,094,209
1,346,232
Fund balances carried foThard
£1,393,957
£1,094,209

Page 6
The Hanley Trust
Balance Sheet as at 5th April 2021
Unrestricted
Funds
Unrestricted
Funds
Notes
2021
2020
Fixed Assets
Investments at current value
io
,362,049
1,077,517
Current Assets
Cash at bank and on deposit
Debtors
12
77,527
67,169
77,532
67,174
Creditors: Amounts due
within one year
Accruals
13
(45,624)
{45,624)
(50,482)
(50,482)
Net cu￿ent assets
Total Net Assets
31.908
£1,393,957
16,692
£1,094,209
The Funds of the Charity
Unrestricted fimds
Total Charity Funds
1,393,957
£1,393,957
1,094,209
£1,094,209
Approved by the trustees on
and signed on their behalf by
(Trustee)
..2022

Page 7
The Hanley Trust
otes to the Financial Statements for the Year Ended
5th April 2021
l Accounting Policies
a) Basis of Financial Statements Preparation
The financial statements of ihe charity, which is a public benefit entity, have been prepared
in accordance ￿7th the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities". Ststement of R¢comm¢nded Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting StandaTd applicable in the UK and
Republic of ITeland (FRS 102) (effective l January 2015),, the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland and the Charities Act
2011. The financial ststements have been prepared under the historical cost convention.
The financial statements have been prepared to give a'true and f&iT' view and have departed
from the Ch￿ltieS (Accounts and Reports) Regulations 2008 only to the extent required to
give a 'true and faxr, view. This departure has involved following Accounting and Reporting
by Charities preparing their accounts in accordance with the Financial R¢porting Standard
applicable in the UK and Republic of Ireland {FRS 102) issued in October 2019 rather than
the Accounting and Reporting by Charities.. Stst¢m¢nt of R¢¢onun¢nded Practice effective
from I st April 2005 which has since been removed.
b) Nathre of Funds
All funds held are unrestricted and th¢ trustees are free to use them in accordance Mqth the
charitable objects.
e) Fiied Asset Investments
Investments are stated at market value at the Balance Sheet date. Overseas investments are
traThsl2ted into sterling at the rates ruling at the year end. The Statement of Financial
Activities (SOFA) includes the net gains and losses on revaluation and disp)sals throughout
the year.
d) Inve$tmenÉ Ineome
Inveslment Income is accounted for when receivable and is stated gross of any reclaimable
taxation relief.
¢) Raising Funds
Expenditure ks accounted for on an accnLqI basis and has been classified undeT headings
that aggregate all costs related to that category and are shown in the notes to the financial
5tat¢ments.
D Charitable Grants
Grants payable are recognised in the SOFA when they aTe appToved by the trustees and
the recipient has been infornied of the amount to b¢ paid.

Page 8
The Hanley Trust
Notes to the Financial Statements for the Year Ended
5th April 2021
g) Foreign Currencies
Transactions denominated in a foreign cuNency are translated into sterlÈrAg at the rate of
exchang¢ ruling at the date of the transaction. At the Balance Sheet date monetary assets
and liabilities denominated kn a foreign currency are translated at the rdte Tuling at that date.
All exchange differences are dealt ￿1th in the SOFA.
Remuneration of Trustees
In the financial year to 5th April 2021 the trustees did not receive any renumeration
(2019120: £Nil) but did receive reimbursement for expenses incurred in the year.
2021
2020
3 Investment Income
UK Interest on Stocks - quoted
UK Dividends - quoted
Unit Tntst Dividends
Overseas dividends
Property income distribution
Bank Int¢r¢st
4,059
28,383
33,945
2.140
11,203
125
14,416
£46,858
£50,667

Page 9
The Hanley Trust
Notes to the Financial Statements for the Year Ended
5th April 2021
Direct
costs
(see note 5)
4 Chgrit*ble Activities
Support
costs
{see nole 6)
Tot21
Charitable expenditure
£37,700
8,431
46,131
5 Direct Costs
The Charity undertook no direct charitable activities but awarded grants to a number of
institutions in furtheran¢e of its charitable objectives. These are as follows:
2021
2020
Grants made to institstions
1st Uppingham Scout Group
1st Uppingham Brownies
Age UK
AEzheimeVs Research UK
A17.heim¢r's Socicty
Amnesty international
Anglo Scottish Seaf(K)d Trdining
Bethany Christian Trnst
Break
Butler Trnst
Cancer Research UK
Canine Partners
Castelnau Centre Project
Catch 22
Christian Aid
Cirdan Sailing Trust
Community Emergency Food Bank
Corby Mind
Corby Voluntary & Community Services
Cruse Bereavement Care
Depaul UK
Dove Cottage Day Project
East London Metropolitan Opera
Endeavour Training
ENRYCH
Farn] Community Network
Balance clf
250
250
250
500
250
250
1,000
500
500
500
2,500
500
1,000
250
500
250
500
100
500
250
500
250
250
1,000
500
500
500
2,500
500
,000
250
500
loo
750
500
500
1.000
250
500
250
500
500
500
500
13.100
750
500
12.850

Page 10
The Hanley Trust
Notes to the Financial Statements for the Year Ended
5th ApTiI 2021
2021
2020
5 Grants made to 111stitstions coot.
Balance blf
FÈshemien's Mission
Furniture Project NOtting1￿MShirc
Gingerbread
Gu￿S & St. Thomas, Charity
Hands Up Foundation
H¢l¢n Arkell Dyslexia Centre
Hospice UK
Howard L¢4ipu¢ for Penal Refonn
Irene Taylor Trust
Koestler Trust
Kurdish Aid Foundation
L'Arche Belfast
Ladywood Furniture Project
Lakelands Day Care Hospice
Langley House Trust
Leic & Rutland Community Foundation
Leicestershire & Rutland Headway
Leicestershire & Rutland Victim Support
Living Hope Belfast
Livina On Bereavement S¢rYÉce
LOROS
Macmillan Cancer Support {L¢ics & Rutland)
Maid￿One Riverside Trust Fund
Marie Curie Caneer Care (Fosse Health Trust)
Medeeing Sans Frontieres
Medical Aid for Palestinians
Mental 14ealth Foundation
MtND
Music in LYddin￿On
Mustard Tret
New Futures Project
Open Minds
PACT
Prader Willi Syndrom¢
Prison Phoenix Trust
Project Trust
Samaritans
St. Vincenl's Furni￿re Store
Tangled Feet
Tim Parry & Jonathan Ball Foundation for Peace
Motor Proj¢¢t
12,850
500
250
500
13,100
500
250
500
250
1,000
500
500
1.000
2,500
500
500
500
500
250
500
500
100
250
500
1,000
500
500
1,000
3,000
500
500
500
250
500
500
100
soo
500
250
250
500
250
1,000
1,000
500
500
250
250
500
250
1,000
500
500
500
100
500
500
500
500
500
500
250
500
500
1,000
500
500
500
500
1,000
500
500
250
500
500
3,000
500
500
36,450

Pagell
The Hanley Trust
Notes to the Financial Statement$ for the Year Ended
5th Aprll 2021
2021
2020
S Grants made to institutions conL
Balance blf
Village Water
Voluntary Action RUt]￿d
Waming Zone (Leits & Rutland Crim¢b¢at)
Wooden Spoon
Young Minds
Donations written off (previous y¢arl
36,450
500
500
500
500
1,000
11,750)
£37.700
34,300
500
500
500
250
1,000
£i7.050
Anatysis of grants made
Gr#Trt5 to
Grants to
ittstitsÉions individua15
Total
Prevention or relief of poverty
Advancement of=
education
religion
hea]th or the saving of lives
citizenship or community development
the arti cuknire, heritage or sci¢n¢e
alnateur sport
human rights
the relief of those in need
Any other charitable purposes
2,000
2,000
2,250
750
2,600
2250
6.500
1,000
1.500
20.600
2,250
750
2,600
2,250
6,500
1,000
,500
20.600
£39,450
£0
£39,450
2021
2020
6 Support Costs
GoY¢rn#n¢¢ ¢ost5
AdmiTli$tr4tiv¢ ¢xp¢ns¢s
Bank Charges
Independent examination fee
5,760
1,851
I05
715
£8,431
5,760
105
£5,865
7 Exp¢DditUT¢ on Raisin¥ Funds
2021
2020
Investment management fees
£14,022
£13,73 1
8 Staff Costs
There are no employees so consequently no stsff costs have been incurred.
2021
2020
9 Debtors
Capital outstanding
£5
£5

Page 12
The Hanley Trust
Notes to tlxe Financial Statements for the Year Ended
5th April 2021
10 Invtstments held at Sth April 2021
Nomingl
Shareholding
5.4.2021
Mark¢t Value
3.850
31 Group plc 73.8636p Ord
11,546
3i Infr&structure Ord NPV
1,900 BHP Group plc USSO.50
900
CRH plc Euro 0.032 Ord
I,ioo
Diageo plc 28 1011108p Ord
30,000
Digital 9 Infr&8tructure Ord NPV
34,000 E¢ofin US Renewable Ord US$O.01
35,000
Ecofin Global Utilities & lofra TR plc I p Ord
9,400 Fidelity China Sp¢¢ial Situations Ip Ord
JOO Findlay Park plc FP American Smaller Co's Trust
2,000
GlaxoSmithKline plc 25p Ord
3,250 Goldman Sachs AMFS Global Emerging Markets Debt Dist
30,000 GCP Asset Backed Income Fund Ltd Ord NPV
22,500
International Public Partnership Lid 0.0001 p Ord
900
Johnson Matthey plc £1.109245 Ord
30.200 JPMorgaD Global Emerging Ip Ord
12,500
JPMortsan US Equity Income Fund C Inc
7,500
Law Debentuies plc 5p Ord
7,500 Manchester & London 25p OTd
14,000 Marlborough Fund Manag¢rs Multicap Incolne P Inc Nav
40.000
Middlefi¢ld Canadian Inc PCC Red Part Pref ShaTe5 £ NPV
5,000
National Grid Co plc 12.431289p Ord
65,000
NB Global Ploating Rate In¢ Fund Ltd Red Ord NPV £
4,871
Polar Capital Funds plc Globa] Conv l £ Dis
35,000
Polar Capital tilobai 5p Ord
4,000
Princess Private E Ord Euro 0.001
3,675
Ricardo Group plc 25p Ord
900 Rio Tinto plc l Op Ord (Regd)
1,300 Royal Dthch Shell'B' Shares Euro 0.07
17,000 Schroder Oriental Income Fund Ltd Ip Ord
21,366 Schroders US Smaller Co's Z Income
2,000
Smith & Nephew plc 12.22p Ord
16.000 Treasury 4 118Tr/￿ Index Linked Stock 2030
650
Unilever plc 0.0311 I p Ord
1,700
Worldwide Healthcare plc 25p Ord
45,179.75
34.233.89
39,292.00
30.105.00
33,077.00
30,225.00
25,075.00
6J.175.00
40,420.00
)5,835.40
25.552.00
32,305.00
27,900.00
?7,845.00
27.126.00
43.790.00
46.687.5
54.225.00
42,075.00
20,927.20
40.400.00
43,175.00
5i,4iO.00
50,020.91
54,862.50
42.205.58
15,949.50
49,320.00
17.360.20
47,430.00
36,515.17
27.190.00
59,671.36
26,143.00
63.325.00
£1,362,048.96

Page 13
The Hanley Trust
Notes to the FIDan£ial Ststements for the Year EDded
5th April 2021
11 Fixed Asset Investments
2021
2020
Markd value brought fonvard
Additions
L¢ss disposal proceeds
Net gainsl(Iosses) OD investments
Market value carried forward
1,077.517
142,032
(170.544}
313,044
£1,362.049
2021
I,J14.313
126,710
(125,418)
(238,088)
£I,077,5 17
2020
Geographical analysis
United Kingdom invesknents
Overseas investments
1202,591.00
159,458
£l,J62,049
94J.335
li4.182
£1.077,517
The bch)k value of the inVe￿ments at 5th April 2021 is £975,023.
Net gaIn￿(loS5es) on investtnents includes realised gains for the year of £16,272 [2020.. gain
£4.751] and unreali5ed gains/(Ios5es) on revaluation to tnarket value of £296.771 [2020.. loss £242,839].
12 Cash at Bank
2021
2020
Natwest Bank plc
Manorbridge Investment Management
16,033
61,494
£77,527
56,513
10.657
£67,170
2021
2020
13 Creditors: Amounts due witbin one year
Administrative expenses- T￿$t£¢
Currey & Co LLP
Independent examfftrtation fee
Donations approved but not paid
1,851
3.108
715
39.950
£45,624
5,679
7,038
715
37,050
£50,482

Pag¢ 14
Tbe Hanley Trust
Notes to the ￿nanCIal Statements for the Year Ended
5th Aprll 2021
14 Movement in Funds
2021
2020
Unrestricted Funds..
Balance brought forward
Net movement in fund5
Balance carried forward
1,094,209
299,748
£1,39).957
1,346,232
(252,02J)
£1,094209
Net movement in funds included in the above are as follows-.
Gains and Movement in
losses
funds
Income
Outgoings
Unrestricted fimds
46,858
(60,153)
313.043
299,748

Page 16
The Hanley Trust
Accounts for the Year Ended 5th April 2021
2021
2020
Capital Account
Balance at 6th ApriE 2020
Add.. Profitl(Loss) on Sale of Investtnents
1,286,135.39
16,272.24
1,302,407.63
296,771.34
£1,599,178.97
1,524,223.10
4,751.66
1,528,974.76
-242,839.37
£1,286,135.39
Add: Unrealised Gain/(Loss) on Investments
Balance at 5th April 2021
Income Account
Income from Investments (gross)
Interest supplement
Interest (gross)
46,857.51
0.00
0.00
46,857.51
50,664.56
0.00
2.52
50,667.08
Expenditure
Independent examination fee
Bank charges
Investment management fees
Accountancy fees
Administrative expenses
-715.20
-106.00
-14,022.21
-5,760.00
-1,850.99
24,403.11
-998.70
-105.00
-13,730.72
-7,038.00
-5,679.70
23,E 14.96
Grants made in year
-37,700.00
-13,296.89
-191,924.98
-205,221.87
-37,050.00
-13,935.04
-177,989.94
-191,924.98
Balance at 6th April 2020
Balance at 5th April 2021
Total unrestricted fund at 5th April 2021
£1,393.957.10
£1,094,210.41

## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE HANLEY TRUST FOR THE YEAR ENDED 5 APRIL 2021** 

I report to the charity trustees on my examination of the accounts of the charity for the year ended 5 April 2021 which are set out on pages 5 to 17. 

## **Responsibilities and basis of report** 

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

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 145(5)(b) of the Act. 

## **Independent Examiner’s Statement** 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 


Ailsa Farey CA CTA 4[th] Floor 10 Bruton Street London W1J 6PX 

DATED this    3[rd] day of     February 2022.