Charity Registratlon n• 303078
THE FASSNIDGE MEMORIAL TRusr
TRusfEES' REPORT AND ACCOUNTS
YEAR ENDED 31 MARCH 2024
fassnidge
A charity serving generations of Hillingdon people

THE FASSNIDGE MEMORIAL TRusr
LEGAL AND ADMINisfRATIVE INFORMATION
TNstses
MrJ Attias
Mrs M Lally
Mrs J Marren-King
MrA Bennett
Mrs R Chamdal
Mr K Martin
Dr R Gudi (Appointed 20 September 20231
Mr C Liberty (Appointed 17 May 20231
Charity no.
303078
Address
Kate Fassnidge Community Hall
2 Harefield Road
Uxbridge
UB8 1GW
Audltors
Ward Williams
Belgrave House
39-43 Monument Hill
Weybridge
Surrey KT13 8RN
Bankers
Lloyds Bank plc
21-22 High Street
Uxbridge
Middlesex
UB8 1JD

THE FASSNIDGE MEMORIAL TRusr
CONTENTS
P•ge
Trustees, Report
Auditors, Report
9-12
Statement of Financial Artivities
13
Balance Sheet
14
Statement of Cash Flows
15
Notes to the Accounts
16-24

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT for the year ended 315t Marth 2024
We aim to become the leading Charity for older people in
the London Borou
h of Hillingdon
Registered Name
Charity Number
Address
THE FASSNIDGE MEMORIAL TRUST
303078
Kate Fassnidge Communty Hall
2 Harefield Road
Uxbridge
UB8 IGW
Website
www.fassnid
echari
.or
Charftsble ObAectlves
The original bequest was bythe will of Kate Fassnidge11863-19501 of Uxbridge. The Charity
was set up in 1994 with the aim of benefiting=
1. Old persons living in the former Urban District of Uxbridge,.
2. Old person5 living in the London Borough of Hillingdon,. and
3. Any charitable purposes benefiting the inhabitants ofthe London Borough of
Hillin9don.
Today the Charity fulfils these objectives by focusing on helping older people in the London
Borough of Hillingdon and is actively looking at new ways to expand the help that it offers.
l Results
rthe
3141 Ma
Th• Charity recorded a surplus of £126k for th• y•ar.
Expenditure on Charftable Objortive4 mainly focussed on the elderly. In¢roas•d by
£3kto £71k.
The Charity aims to breakeven each year and this was achieved with charitable
expendlture plus running costs being covered by Income with a surplus of £6k.
Unrealised 9ains on the CharW$ invostments of £120k resulted in an overall Surplus of
£126k. The Charity holds invoStments with a long-temi view. is prepared for $hort term
flurtuations in value and has sufficient assets to be able to absorb these fluctuations in
the short to medium tern).

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT for the year ended 31" March 2024
Surplus/lDef1CltI
Expenditure on Charitable Objectives,
Income
Running Cost5
Unrealised gain/llossl on investments
Balance Sheet Assets
Balance Sheet Net A55ets
£126,057
£70.526
£185.959
£109.440
£120,065
£2.781,986
£2.759.013
Up £270,161
Up £3.326
Up £30.629
D¢)wn £2.524
Up £261.808
Up £127.370
Up £126.057
Expendlture on Charitsble Objectives
The Trustees fulfil the ChariW5 objectives by providing support to people in need in the
London Borough of Hillingdon with a focus on support for the elderly. The main initiatives for
this year included grants for essential household items such as white goods. supplyin9
Christmas Hampers and running events for the elderly. In May 2023 the Charity employed
two part time employees to run coffee mornings and lunche5 for local older people allowing
them to come tO9ether and socialise. The Charity is continuing to build on this initiative
which has been very well received by the participants. Total expenditure on these objectives
for the year ended 3151 March 2024 was £70.526, up slightlyfrom £67,200.
Expenditure
Year to
Expenditure
Year to
31103124
31103123
Assistanc8
Grants
> Provided to individuals in need for whrte go¢Jds.
carpet5 &fuTtitture_
Applied for by local organisations on behalf of
individua15. Grants are also available to local
or9anisations meeting the objeclives olthe
Chartty.
> Applications are assessed a9ainst the Chartys
aims & available bvd et.
> Supplied 750 Christmas HampeTS to local
organisaiions for distribution to the elderly and
eed
> Cost to set up and run coffee rnomings and
lunthes including stsff costs and notional thor9e
for use of Uxbrid e Hall
> Held Coronation Celebration Eventsfor the
elder￿ induding catering. The events were
designed to help those who may feel isolated to
mix with other5 to celebrate and built on the
Jubilee Celebration Events held in the previou5
ear.
13,101
19,074
Hampers
20.721
24.181
Coffee
Mornings
18.656
Events
2.527
2,472
Totsl
Hall Hire
55.065
45.727
613.5 hours
Notional cost
Allow I￿al oiganisalion510 hire Community
Halls at no or reduced cost wheie the actsvity is
for the direct benefit ofthe elde
ndibJr•
442 hoLJf5
Nolional cost
£15,461
70.526
£21.473
67.200
Total Includln
Nollon•l
I Including notional expenditure from free Hall Hires where hires directly meet the Charitys objectives

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REpoJrf for the year ended 31$1 March 2024
Charitable activities and the Charitys running costs are funded by income generated from
the ChariWs Permanent Endowment and investments. The Trustees have chosen to invest
surplus funds in investment trusts with a view to protecting the long-term future of the
Charity. In line with that strategy. during the year the Charity has invested part of its bank
deposits in investment funds. Investments have increased in value during the year by
£261,808 a5 a result of stock market volatility reversin9 the loss in the previous financial year.
During the yearthe Charity took the decision to mothball the Northwood Community Hall to
avoid incurring additional costs. The Charity are actively looking foroltemative uses for the
Hall.
Bookvalue
31103124
Bookvalue
31103123
The Cedar5 Freehold Property
Leased to Trinty Homeless Projects
Darren House
Leasedto A Ioc31 com
Cazenove Charities Muhi-As5et Fund
149,140
149,140
1,113.340
1,049,227
Total P•nnanent Endowffl•nt
1.261410
1.198.367
Kate Fassnidge Community.Hall at 2 Harefield Road Uxbridge
Available ro hire forthe localcommunty
87,874
89.910
76 High Street Northwood 8 Flats & Community Hall
185.490
186,570
Ca2enove char￿eS Multi-A5set Fund including Oepostt
Various Investment Funds including Deposit
Bank Dep051t
Total Oth•r Inv•sthi•nts
Oth•r Ass•ts
Office Equipment
Cash at Bank
Debtors
Total Assets
714.736
512.576
9.042
1.509,718
742,435
283,767
140,165
1.442.847
1.298
2.914
5.576
2.781.986
3,030
4,346
6,026
2.654.616

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORTforthe year •ndd 31" Marth 2024
Income
Income for year has increased by £30.629 mainly due to an increase in income received on
the Charity's Fund Investments.
Year to
Yearto
31103124
31103123
Hire of Communi
Halls,
Interest on Bank and Fund De
Pro
Rental
Income frotn Investments
Reimbursement ol Insurance
DonatlOn5
Total Incom•
31.069
7,219
61,800
82,713
3.157
11,264
460
64,156
75,948
1,872
1,630
155.330
osits
185.959
Expenditure
Expenditure has decreased marginally this year by £2.524. The Trustee5 keep a tight control
over expenditure, all ofwhich must be preapproved or covered by approved budget, to
ensure the Trustees maximise the amount that can be used to meet objective5. ensure the
Charity remains financially sound and to maintain property investments in a state required to
maintain rental income.
Yearto
Yearto
31103124
31103123
ee cotn
ensation and bene1rt53
aintenance
al and Estate 5ervice5
Office c05ts
Auditfee
Insurance
Communi
Hall runnin
Fund mana
ement fees
Fixed asset de
reciation
Other ex
enses
Total
fiditsr•
45,360
44,921
1,177
17,597
1,229
6,720
4,151
21,211
7,358
5.721
9.237
111.964
Pro
9,324
5.429
6.720
4,221
23.400
9,125
4,848
10,138
109.440
Including notion31 charge for Free Hall Hires totalling £23.529
Excludes employee compensation and benefits for Coffee morning employees included within
expenditure on charitable objectives.

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT for th• year end•d 31" March 2024
Governance & Running of the Charity
The Trustees, who are all volunteers, meet regularly to manage the Charity. The Trustees
have continued this year to focus on the future strategy of the Charity and the five-year
development plan. As well as considering future strategy the Trustees undertake, on an
ongoing basis, risk assessment of the Charity's activities. Action is taken to remediate risks
where this is deemed necessary.
The Trustees confirm that they have referred to the guidance contained in the Charity
Commission's general guidance on public ber)efit when reviewing the Charitys aims and
objectives and in planning future activwties and setting the grant making policy for the year.
The Charity employs two Charity Managers. both of whom work parttime, to look afterthe
day to day running of the Charity including submitting proposals to the Trustee5 for
initiatives to fulfil the Charity's objectives. The Charity also employs a part time caretaker to
look after the Comrnunity Halls and parttime employees to run and manage coffee
mornings and other events for local older people.
The Charity has set up a Charitable Incorporated Organisation ICIOI with the intention to
move its operations to the CIO in the future. No timescale has yet been set for the transltion
and this is expected to be in morethan 12 months from the date of this report.
The Trustees of the Charity, during the yearto 31° March 2024, and to the date ofthe
signing of these Accounts, were as follows=
James Attias
Adam Bennett
Reeta Chamdal
Reva Gudi
Marian Lally
Connor Liberty
Johanna Marren-King
Kelly Martin
Susan O'Brien
Chair
(Appointed 20 September 2023)
(Appointed 17 May 20231
(Resigned 18 September 2024)
To ensure adequate rotation, as well as to encourage new initiatives, the Trustees seTve a
maximum oftwo consec￿1Ve terms offouryear5 each. FormerTrustees may be reappointed
after a suitable inte￿al. The Trustee5 undertake regular reviews of skillsets to ensure a
spread of experience in different fields.

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT for the year ended 31*1 March 2024
The Trustees seek professional advice and support as they deem necessary.
Legal Adviser
Frazine Johnson of Frazine Johnson Solicitors
Old Bank Chambers
32 Station Parade
Denham
Buckinghamshire UB9 SEW
Architects and Project Managers
Dawy Project Management Limited
9 Painters Close
Bloxham
Oxfordshire OX15 4QY
Valuers and Chartered Surveyors
The Frost Partnership
1 Burkes Parade
Beaconsfield
Buckinghamshire HP9 1NN
Accountant
Fiona Morgan FCCA
Auditors
Ward Williams
Bay Lodge
36 Harefield Road
Uxbridge
UB8 IPH
Bankers
Lloyds Bank plc
21-22 High Street
Uxbridge
UB8 IJD
Climate Change & Sustainability
The Trustees have considered the impact of the Charity's activities on climate change and
are looking to expanding this further in the future. The Charity's main investment in the
Cazenove Charities Multi-Asset Fund is classified as green for climate change by Schroders
SustainEx and future investments will be assessed for climate impact.
The Charity in the pastfewyears have tsken stepsto minimise use of paper and printing by
initiative5 including replacing hard copy reports for regular meeting5 and using electronic
medium wherever possible. Where white goods are supplied for grants, the Charity will look
to supply the most energy efficierit model available for the price agreed.

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT for the year ended 31" Marth 2024
Ro$ervo$
The Charity continues to hold a significant amount of assets and is well placed financially to
build on achievements to date. The funds available, where not required forthe dayto day
riJnnin9 of the Charity, are invested to generate income to meet the aims and future strategic
vision of the Charity.
Unrestricted Funds are required to provide funds to cover and fulfil the objects of the
Charity, and the Trustees consider it prudent that unrestricted reserves should be sufficient
to cover at least one yearfs expenditure based on the prior financial year.
The amount of liquid assets available is monttored against prior year expenditure, at least
quarterly. Currently liquid assets are well in excess of annual expenditure.
Investment Pollcy
The full Investment Policy of the Charity is available on demand from the registered
correspondence address. The Charity aims to invest surplus funds to achieve capital growth
and income sufficient to sustain the Charity and to carry out the Charity's objectives both in
the present and the future. by way of medium risk well diversified investments. Specific
investment objectives are..
Maintsin the portFolio received at the start and continue its investment and growth for the
future..
Produce a steady income for the purposes of the Charitys objectives,.
Enhance the property portfolio for the Charitys continued stability,. and
Make investments for lon9-term capitsl growth to support the continuance of the Charity
in perpetuity.
From 1st November 2017 the Trustees approved use ofthe totsl return approach for the
permanent endowment invested in the Cazenove Charttie5 Multi-Asset Fund. Use ofthis
approach allows any gains on the investment whether capitsl gains, dividends, or other
income, to be used by the Charityto further its a￿M$.
Ststement of Trust••< Ro$poft$ibiliti•$
The Trustees are responsible for preparing the Trustees. Report and the financial statements
in accordance with applicable law and United Kingdom Accounting Standards {United
Kingdom Generally Accepted Accounting Practice}.
The law applicable to chartties in England & Wale5 requires the Trustees to prepare financial
Statements for each financial year which give a true and fair view of the state of affairs of the
charity and of the incoming resources and application of resources of the charity for that
period. In preparing these financial statements. the Trustees are required to:

THE FASSNIDGE MEMORIAL TRusr
ANNUAL REPORT for the year end•d 31" March 2024
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SORP 2019 IFRS 102);
makejudgements and estimates thatare reasonable and prudent-
stste whether applicable accounting standards have been followed, subject to
any material departures disclosed and explained in the financial statements-
prepare the financial statements on the going concern basis unless It IS
inappropriate to presume that the charty will continue in operation.
The Trustees are responsible for keepin9 accounting records that disc105e with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the
financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports)
Re9ulations 2008 and their Trust Deed. They are also responsible for safeguarding the assets
of the charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularitie5.
Signed on behalfof the board oftrustees
Adam Bennett-Trustee (Chairl
Date:..................

REPORT OF THE INDEPENDEKf AUDrroRS TO THE TRUSTEES OF
THE FASSNIDGE MEMORIAL TRusr
FOR THE YEAR ENDED 31 MARCH 2024
Opinion
We have audited the financial statement5 of The Fassnidge Memorial Trust (the 'charity'l for the
year ended 31 March 2024 which cornprise of the Statement of Financial Activities. the Balance
sheet. the Ststement of Cash Flows and related notes to the financial statements. including a
summary of si9nificant accounting policie5. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards,
including Financial Reportin9 Stsndard 102 The Financial Reporting Standard applicable in the
UK.and Republic of Ireland IUr)tted Kingdom Generally Accepted Accounting Practice).
In our opinion the financFal statements..
give a true and fair view of the state of the charit￿5 affairs as at 31 March 2024, and of its
incoming resource5 and application of resources. forthe year then ended..
have been properly prepared in accordance with United Kin9dom Generally Accepted
Accounting Practice.. and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK} IISAS IUKII
and applicable law. Our responsibilities under those standards are further described in the
Auditor's responsibilities for the audit of the financial statements section of our report. We are
independent of the charity in accordance with the ethical requirement5 that are relevant to our
audit of the financial statements in the UK, including the FRC'S Ethical Standard. and we have
fulfilled our other ethical responsibilities in accordance with these requirements. We believe that
the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
opinion.
Conclusions r•l•ting to goin9 concern
In auditing the financial statements. we have concluded that the trustees. use of the going concem
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating
to events or conditions tha¢ individually or collectively, may cast significant doubt on the
trust's ability to continue as a going concern for a period of at least twelve month5 from when the
financial statements are auth0ri5ed for issue.
Our responsibilities and the responsibilities of the trustees with respect to 90ing concern are
described in the relevant sections of thi5 report.

10
REPORT OF THE INDEPENDENT AUDrroRS TO THE TRusfEES OF
THE FASSNIDGE MEMORIAL Trusr
FOR THE YEAR ENDED 31 MARCH 2024
Other Inforniation
The trustees are responsible for the other infomation. The other information comprises the
information included in the trustee5' annual report. other than the financial statemènt5 and our
auditorfs report thereon. Our opinion on the financial statèments does not cover the other
information and, except to the extent otherwise explicitly stated in our reporL we do not express
any form of assurance conclusion thereon.
In connection with our audrc of the financial statements, our responsibility is to read the other
information and, in doing so, considerwhether the other information is materially inconsistent with
the financial statements or our knowledge obtained in the audit or othe￿iSe appears to be
materially mi55tated.
we identify such material inconsistencies or apparent material
misstatements, we are required to detennine whether there is a material misstatement in the
finan¢ial statement5 or a material misstatement of the other information. If, based on the work we
have performed, we conclude that there is a material misstatement of thi5 Other information. we
are required to report that fact.
We have nothing to report in thi5 regard.
Matters on whlch w• ar• Mqulr•d to report by •xnption
We have nothing to report in respect of the following matters in relation to which the Charities
(Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion..
the information given in the financial ststements is inconsistent in any material respect with the
trustees, report-, or
sufPicient accounting records have not been kept- or
the financial statements are not in agreement with the accounting records- or
we have not received all the information and explanations we require for our audit.
Responslblliti•s of trust•es
As explained more fully in the tru5tees' responsibilities statement set out on pagè$ 7 and 8, the
trustees are responsible for the preparation of financial statements which give a true and fair view,
and for such internal control as the trustees detemiine is necessary to enable the preparation of
financial statements that are free from material misstatement. whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitys ability
to continue as a going concern, disclosing, as applicable. matters related to going concern and
using the going concern basis of accounting unless the trustees either intend to liquidate the
charity or to cease operations. or have no realistic alternative but to do so.

11
REPORT OF THE INDEPENDENT AUDrroRS TO THE TRusfEES OF
THE FASSNIDGE MEMORIAL Trusr
FOR THE YEAR ENDED 31 MARCH 2024
Audito￿5 r•sponsibilities for th• audit of th• financial statements
We have been appointed as auditor under Section 144 of the Charities Act 2011 and report in
accordance with regulations made under section 154 of that Act.
Our objectives are to obtain reasonable assurance about whether the financial Statements as a
whole are free from material misstatement, whether due to fraud or èrror, and to issue an auditor's
report that includes our opinion. Reasonable assurance is a high level of assurance, but is not
9uarantee that an audit conducted in accordance with ISAS IUKI will always detett a material
misstatement when it exists. Misstatements can arise from fraud or error and are considered
material if. individually or in the aggregate. they could reasonably be expected to influence the
economic decisions of users taken on the basis of these fbnancial Statements.
Irre9ularities. including fraud, are tnstances of non-compliance with law5 and regulations. We
design procedures in line with OUT responsibilities, outlined above. to detect material
misstatements in respect of i￿egUlar1ties, includin9 fraud. The extent to which our procedures are
capable of detecting irregularities, including fraud, is detailed below.
We obtained an understanding of the legal and regulatory frameworks applicable to the
trust and the sector in which they operate. We determined that the followin9 was most
significant= the Charities Act 2011.
We obtained an understanding of how the trust are complying with those legal and
regulatory frameworks by making inquiries to the management of the trust. We
corroborated our inquiries through our review of correspondence during our audit work.
We assessed the susceptibility of the trusfs financial statement5 to material misstatèmenL
including how fraud might occur. Audit procedures performed included:
identifyin9 and assessing the design effectiveness of controls management has in
place to prevent and detect fraud;
understanding how those charged wtth governance considered and addressed
the potential for override of controls or other inappropriate influence over the
financial reporting proce5S.'
challenging assumptions and judgements made by management in it's significant
accounting estimates,.
identifyin9 and testing journal entries. in particular and journal entries posted with
unusual accouFIt combinations: and
assessing the exient of compliance wtth the relevant laws and regulation5.
Because of the inherent limitations of an audit. there is a riskthat we will not detect all irregularities,
including those leading to a material misstatement in the financial Statements or non-compliance
with re9ulation. This risk increases the more that compliance with a law or regulation is removed
from the events and transactions refiected ID the financial ststements, as we will be less likely to
become aware of instsnces of non-compliance. The risk is also greater regardin9 irregularities
occurrin9 due to fraud rather than error, as fraud involve5 intentional concealmenL forgery.
coIIu5ion, omission or misrepresentation.

12
REPORT OF THE INDEPENDEKf AUDrroRS TO THE TRusfEES OF
THE FA5SNIDGE MEMORIAL TRusr
FOR THE YEAR ENDED 31 MARCH 2024
A fijrther description of our responsibilities for the audit of the financial statements is located on
the Financial Reporting Council's website at= W￿YW.frc.or9.Uklaudlt0rsresponSlb1lltle$. This
description forms part of our auditorfs report
Use of our report
This report 15 made solely to the chariws tmstees, as a body. in accordance with Part 4 of the
Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that
we might state to the charitys trustees those matterswe are required to stateto them in an auditorf5
reportand fornootherpurpose. Tothefvllestextent permitted by law.wedo notacceptorassume
responsibility to anyone other than the charity and the charitys trustees a5 a body. for our audit
work, for thi5 report. or for the opinions we have formed.
WARD WILUAMS
Statutory Auditors
Belgrave House
3943 Monument Hill
Weybridge
Surrey KT13 8RN
Ward Williams is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

13
THE FASSNIDGE MEMORIAL TRUST
STATEMEKf OF FINANCIAL AcnvmES FOR THE YEAR ENDED
31 MARCH 2024
VA￿Str￿ted ￿K￿Ed Endowment
Funds
Funds
Funds
Totsl
2023
2024
1Th￿rn• •Thd Md•wm•nts from:
Incoming resources from 9enerated funds-.
Donations and legacies
Charitable Acbvttse5
Investments
1,630
13,136
140,564
10.697
151.733
10.697
151.733
Totsl IncomlThg r•sour
N•t• 2
162.430
162.430
155.330
xp•nd1￿fv Oth:
Chariia61e Athvfties
156.438
156A
157,691
Tot•1 •xp•n¢frtur•
Nots3
156.438
156A38
157.691
Net gain4lossl on investments Nots 4
SS.952
64.113
120.065
1141,7431
N•t Incorn• I l•xpendltur•l
61.944
64.113
126.057
1144,1041
Tr•nsf•rs b•tw••n hnds
Nel mov•m•nl In tsnds
61.944
64,113
126.057
1144.1041
R•ton¢ill•tion of fvnds
T¢sts1 fvnds bv•ughtfoTh¥•rd
At 1 Aprfl 2023
1.420,266
1,202,690
1622.956 2,767.060
Totsl lunds brou9htforward
At 31 March 2024
N*)t• 11
1.482.210
1.266,803
1749.013 2,622,956
All income and expèndtture derive from continuing activitie5.
The statement of financial activtties includes all gains and105ses reco9nised during the year.

14
THE FASSNIDGE MEMORIAL TRUST
BALANCE SHEET AS AT 31 MARCH 2024
2024
2023
FIXED ASSErs
Tangible assets
423.802
428,650
CURRENT ASSErs
Investments
Debior5
Cash at bank and in hand
2.349.694
5.570
2.914
2.215,594
6,026
4,346
2,358.184
2.225,966
CREDITORS: Amounts f•lllThg du• within
on• y•ar
{22.973)
121,6601
Nrf CURREKfASSErs
2335.211
2,204,306
NEf ASSErs
2.759.013
2.632,956
REPRESENTED BY:
Capital bequest
10.000
10.000
Unrestricted funds
Endowmentfunds
1A82.210
1.21J6.803
1.420.266
1.202,690
2.749,013
2.622.956
TOTAL FUNDS
2.759.013
2.632,956
The accounts were approved by the trustees on .
tsotknj 2£ .
Signed on behalf on the trustee5
Adam Bennett-Trustee (Chairl

15
THE FASSNIDGE MEMORIAL TRvsr
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flow from opernting activili•s (se• r•conclllatlon
below):
N•t cash flow from op•r￿[￿9 acdvhl•s
42,73S
1214.7651
Cash Ilow from Inv•stlng acdvltl•s
Payments to acquire tangible fi'xed assets
Interest received
Rè-invested income from investments
13,8951
461
75,947
7.220
82.713
N•t Cash flowfr•m Inv•silng a¢ilvltl¢s
89.933
72,513
N•t irtuoas•lld¢crnas•) in Cash and Cash equivalents
132.668
1142,2521
Cash and cash equivalents at 1 April 2023
2.219,940 2.362,192
Cash and cash equivalents at 31 March 2024
2.352,608 2.219.940
R•conciliation of n•t incom• / (•Xp•ndl￿r•J to n•t cash Ilow
from operating •cliviti•s
Net incomellexpenditurel for the year
Depreciation of tangFble fixed assets
Interest receivable
Income from muki asset investment fund
Decrease in debtor5
Increase/ldecreasel in creditors
126,057
4.848
(7.2201
{82.7131
450
1.313
1144.1041
5,720
14611
175,9471
2,908
12,8811
N•t ¢a$h llow fr•m op•ralin9 athrbe5
42.735
1214,7651
Cash and cash equivalents as at the year-end of £2.352.60812023.. £2.219.9401 consists of cash at
bank and in hand of £2.91412023-. £4.3461 and invested surpluses in multi-asset funds and deposit
account5 of £2.349.69412023.. £2,215,594}.

16
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE AccouKrs
FOR THE YEAR ENDED 31 MARCH 2024
Summary of slgnlficant accountlng policies
Gen•ral information and basis of preparation
The Fas5nidge Memorial Trust is a Charity registered in the United Kingdom. The address
of the Charity is given in the Trustees report on page l of these financial statements. The
nature of the Charitys operations and principal activities are ststed in the trustees report
on pages 1 to 8.
The Charty constitutes a public benefit entity as defined by FRS 102. The financial
statements have been prepared in accordance with Accountin9 and Reporting by Charities..
Ststement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Stsndard applicable in the UK and Republic of
Ireland IFRS 1021 (published in October 20191. the Charities Act 2011 and UK Generally
Accepted Practice.
The financial statements have been prepared to give a 'true and fairf view and have
departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent
required to provide a 'true and fairf view. This departure has involved following the
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable
to charities preparing their 3ccount5 in accordance with the Financial Reportin9 Stsndard
applicable in the UK and Republic of Ireland IFRS 1021 rather than the Accounting and
Reporting by Charities= Statement of Recommended Practice effective from 1 April 2005
which has since been withdrawn.
The financial statements are prepared under the historical cost convention. The h'nancial
statements are prepared in sterling which is the functional currency of the Charity and
rounded to the nearest £.
The Significant accounting policies applied in the p￿ParatIon of these linancial ststements
are set out below. These policies have been consistently applied to all years presented
unless otherwise stated.
Golng Conc•m
At the time of approving the accounts. the trustees have a reasonable expectation that the
charity will continue in operational existence for the foreseeable future, with the charity
having substantial reserves available for furtherance ol tts charitsble activities. Thus the
trustees continue to adopt the going concern basis of accounting in preparing the
account5.

17
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Tanglble r￿d ass•ts and d•pr•cialion
The charity's fixed assets consist ol.. freehold properties and the subsequent development
expenses olthe propertie5- leasehold property and fixtures and frttings which relate to the
property. The assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the c05t less the estimated residual value of each asset over its
expected useful life as follows=
Freehold property..
Leasehold property..
Uxbrid9e hall..
Fixtures and fittings=
No depreciation calculated
Over lease lifetime of 1501125 years
(her 20 years
Over 5 to 20years
Inv￿lMents
Pooled investments are valued using thè mid-market price at the year-end date. Changes
in the market value of investments are recognised in the Statement of Financial Activitie5.
Incomlng rnsources
These are included in the Statement of Financial Activities when the charity becomes
entitled to the resources. the trustees are virtually certatn they will receive the resources
and the monetary value can be measured with Sufficient reliability.
Resourtes expend•d
All expenditure is accounted for on an accruals basis and has been classified under
headings that aggregate costs related to the category. Expenditure is recognised where
there is a legal or constructive obligation to make payments to third parties. it is probable
that the settlemerht will be required and the amount of the obli9ation can be measured
reliably.
Irrecoverable VAT is charged as an expense against the classification for which expenditure
arose.
Funds
Unrestricted funds are those fund5 which are available for use at the discretion of the
trustees in lurtherance of the general objectives of the charity and which have not been
designated for other purposes.
Restricted funds are those lunds which must be spent as income on the particular purpose5
specilied by the donor.
Endowmentfunds are those fundswhich the charity must hold and retain and not spend a5
income.

18
THE FASSNIDGE MEMORIAL TRUST
NOTES TO TrIE AccouKrs
FOR THE YEAR ENDED 31 MARCH 2024
Cash and equivalents
Cash and cash equivalents are basicfinancial assets and include cash in hand. deposits held
at call with bank5, Other 5hort-term liquid investments with original maturities of three
months or less. and bank overdrafts. Bank overdraft5 are shown within borrowings in
current liabilities.
Employee beneffts
When employees have rendered service to the charity. short-tem employee benefits to
which the employees are entitled are recognised at the undiscounted amount expected to
be paid in exchange forthat service.
The charity operates a defined contribution plan for the benefit of its employees.
Contributions are expensed as they become payable.
INCOMING RESOURCE5 FROM GENERATED FUNDS
2024
2023
Donations and l•gaaes
Donation5 from Uxbridge Bikers
1.630
1.630
Charitable Activili•s
Kate Fassnidge Communty Hall - Northwood
Kate Fassnid9e Cornmunty Hall- Uxbridge
Re-imbursement of Insurance
1.177
6.363
3.157
3.584
7.680
1.872
10.697
13,136
Inveslment Inwm•
Bank deposit interest
Rent received
Multi-asset fund income
7.220
61.800
82,713
461
64.156
75.947
151.733
140,564
Total
162A30
155,330

19
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE Accoumrs
FOR THE YEAR ENDED 31 MARCH 2024
CHARrrABLE AcrivrriES
2024
2023
Grants and donations made:
Social & Housing Welfare needs
Purchase of Christmas hampers
Coffee Moming5
15.688
20.721
3.559
21,546
24.181
39.968
45.727
Property malntenance and Improvement
General maintenance of properties
Propety Insurance
Kate Fassnidge Communty Hall running costs
Kate Fassnidge Community Halls depreciation
Office Equipment depreciation
1,177
4,151
21,211
3,949
1,772
4,221
23.400
3.361
1.487
32A69
32,260
Administr•tion •nd gov•rnance
Wages and salaries
Employment expenses
Employment training
Support charges- Legal and cleTking
Support char9es- Estates and valuations
Website design and h05ting
Expenses of meetings. refreshments etc
Auditors remuneration
Managementfee
Office costs
Bankfees
50.946
429
1.015
8.124
1.200
30
977
6.720
9.125
5.429
44,410
511
10,260
7,337
44
1,820
6,720
7,358
1,229
15
84.001
79,704
Total
156A38 157,691

20
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
OTHER GAINS/(LOSSES)
2024
2023
Unrealised 9ainlllossl on investsments
120.065 1141,7431
120.065 1141.7431
EMPLOYEES
2024
Number
2023
Number
Number of employees:
The average monthly number of employees during the
year was..
Employmgnt wsts
Wages and salaries
Social se¢urtty costs
Employer pension costs
49.851
43,249
1.095
1,161
50.946
44,410
There were no employees whose annual emoluments were £60.000 and above.

21
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
FIXED ASSErs
Northwood Uxbrfd9e fixturn$
Hall {KFCH)
Hall & ffttings
Th• C•d•r4
Totsl
Cost as at 1 April 2023
Additions
i 0,000
197.049
101,037
16.952
325,038
i 0.000
197.049
101,037
16.952
325,038
Development C05ts.'
As at 1 April 2023
Development costs this
year
139,140
139.140
As at 31 March 2024
149.140
197,049
101.037
16,952 464.178
Depreciation costs..
As at 1 April 2023
Charge for current year
10,479
1.080
11.127
2,036
13,922
1,732
35,528
4.848
As at 31 March 2024
11.559
13,163
15.654
40,376
NBV at 31 Marth 2024
149.140
185A90
87.874
1.298 423.802
NBV at 31 March 2023
149,140
186.570
89,910
3,030 428,650
lal
Bequest by Mr5 Fassnidge. This asset consists of the freehold of the propety and
land known as The Cedars at 66 High Street. the freehold of the land 51te of 65 High
Street"known as Darren House-. and freehold ofthe propety and land adjacent to
The Fassnid9e Memorial Hall. Uxbrid9e, Middlesex and land adjacent thereto. The
original bequest value of £1 0,000 is also shown as the Bequest Capital. Since then
£139,140 has been spent on the redevelopment of the Cedar5. Ir¢ 2017 the charity
sold the head lease of part of the land atthis Uxbridge site to a developer (Howarth
Homes) which generated substantial funds for the Trust1£1,575.0001 and a further
Overage payment is expected as part ofthe a9reement when the development has
been formally completed as part of the Development Agreement. The
development include5 a new Hallto be used bythe local community-

22
TrIE FASSNIDGE MEMORIAL TRUST
NOTES TO THE AccouKrs
FOR THE YEAR ENDED 31 MARCH 2024
FIXED ASSEfs (Conilnued)
Ibl
Northwood Hall- On 2 April 1997 the trustacquired the Northwood Dining Centre
for £35.000. with £122.049 spent on the redevelopment of Northwood Hall which
wascompleted by Howarth Homes in 2012. A sale and leaseback arrangementwith
Howarth Home5 was agreed fora term of 150 yearsre9arding Thecommunity Hall,
renamed as Kate Fassnidge Community Hall. During 2017 an additional cost of
£40,000 was incurred with Howarth Homes. with the charity purchasing the
Northwood site head lease reversion. This is being wrttten down over the life of the
agreement.
{c}
Fixtures and fittings which relate to the Kate Fassnidge Communty Hall, are being
written down over their expected usefvl economic life.
INVEsfMENTS
Pr•miurn
her
Fun
Totsl
As at 1 April 2023
Additions
Disposals
140,165
7.219
(138.3421
1,791,662
72,778
1135,0001
283.767 2,215,594
207,380
287.377
1273.3421
9.042
1.729.440
491,147 2,229.629
Unrealised gain
98.636
21,429
120.065
NBV at 31 March 2024
9.042 1.828.076
512.576 2.349.694
NBV at 31 March 2023
140,165
1,791,662
283.767 2,215,594

23
THE FASSNIDGE MEMORIAL TRU5r
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
DEBTORS
2024
2023
Trade debtors
Prepayments and accrued income
5.576
6.026
5.576
6.026
CREDrroRS: Amounts falling due wlthln OM y•ar
2024
2023
AccTuals and deferred income
Other creditors- deposits held
19.965
3.008
18,195
3,465
22.973
21,660
10.
RELATED PARTIES
Trustees
None of the trustee5, or any person connected with them. received any remuneration
during the period.
Controlling party
The charity is controlled by the tru5tee5.

24
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
FUNDS
Caplial Unrnstrlct•d Restricted Endowment
B•qu•st
Fund5
Funds
Fund5
Total
At 1 April 2023
10.OLK) 1.420,266
1.202,690
2.632,956
Incom•
162.430
162.430
Expenditure
1156,438)
1156.4381
Gain Qn inveslments
55.952
64.113
120,065
Translers betr4een funds
At 31 Marth 2024
10.000 1.482,210
1.266.803
2.759,013
The Endowment Fund brought forward balance above of £1.202,690 is made up of tr•0
funds. The first is a pennanent endowment fund as set by the trustees which the Charity
must hold and retain and not spend as income. The second fund within the brought
forward balance is relating to the Hoeni95berg Memorial Trust Fund. The Trustees
consider thatthe assets acquired from the Hoenigsberg Memorial Trust in the year ended
31st March 2017, consisting of cash of £487.525 and formerly part of that Charity's
permanent endowment should be treated by them as an addition to the permanent
endowmentofthe Charity.

Charity Registratlon n• 303078
THE FASSNIDGE MEMORIAL TRusr
TRusfEES' REPORT AND ACCOUNTS
YEAR ENDED 31 MARCH 2024
fassnidge
A charity serving generations of Hillingdon people

THE FASSNIDGE MEMORIAL TRusr
LEGAL AND ADMINisfRATIVE INFORMATION
TNstses
MrJ Attias
Mrs M Lally
Mrs J Marren-King
MrA Bennett
Mrs R Chamdal
Mr K Martin
Dr R Gudi (Appointed 20 September 20231
Mr C Liberty (Appointed 17 May 20231
Charity no.
303078
Address
Kate Fassnidge Community Hall
2 Harefield Road
Uxbridge
UB8 1GW
Audltors
Ward Williams
Belgrave House
39-43 Monument Hill
Weybridge
Surrey KT13 8RN
Bankers
Lloyds Bank plc
21-22 High Street
Uxbridge
Middlesex
UB8 1JD

THE FASSNIDGE MEMORIAL TRusr
CONTENTS
P•ge
Trustees, Report
Auditors, Report
9-12
Statement of Financial Artivities
13
Balance Sheet
14
Statement of Cash Flows
15
Notes to the Accounts
16-24

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT for the year ended 315t Marth 2024
We aim to become the leading Charity for older people in
the London Borou
h of Hillingdon
Registered Name
Charity Number
Address
THE FASSNIDGE MEMORIAL TRUST
303078
Kate Fassnidge Communty Hall
2 Harefield Road
Uxbridge
UB8 IGW
Website
www.fassnid
echari
.or
Charftsble ObAectlves
The original bequest was bythe will of Kate Fassnidge11863-19501 of Uxbridge. The Charity
was set up in 1994 with the aim of benefiting=
1. Old persons living in the former Urban District of Uxbridge,.
2. Old person5 living in the London Borough of Hillingdon,. and
3. Any charitable purposes benefiting the inhabitants ofthe London Borough of
Hillin9don.
Today the Charity fulfils these objectives by focusing on helping older people in the London
Borough of Hillingdon and is actively looking at new ways to expand the help that it offers.
l Results
rthe
3141 Ma
Th• Charity recorded a surplus of £126k for th• y•ar.
Expenditure on Charftable Objortive4 mainly focussed on the elderly. In¢roas•d by
£3kto £71k.
The Charity aims to breakeven each year and this was achieved with charitable
expendlture plus running costs being covered by Income with a surplus of £6k.
Unrealised 9ains on the CharW$ invostments of £120k resulted in an overall Surplus of
£126k. The Charity holds invoStments with a long-temi view. is prepared for $hort term
flurtuations in value and has sufficient assets to be able to absorb these fluctuations in
the short to medium tern).

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT for the year ended 31" March 2024
Surplus/lDef1CltI
Expenditure on Charitable Objectives,
Income
Running Cost5
Unrealised gain/llossl on investments
Balance Sheet Assets
Balance Sheet Net A55ets
£126,057
£70.526
£185.959
£109.440
£120,065
£2.781,986
£2.759.013
Up £270,161
Up £3.326
Up £30.629
D¢)wn £2.524
Up £261.808
Up £127.370
Up £126.057
Expendlture on Charitsble Objectives
The Trustees fulfil the ChariW5 objectives by providing support to people in need in the
London Borough of Hillingdon with a focus on support for the elderly. The main initiatives for
this year included grants for essential household items such as white goods. supplyin9
Christmas Hampers and running events for the elderly. In May 2023 the Charity employed
two part time employees to run coffee mornings and lunche5 for local older people allowing
them to come tO9ether and socialise. The Charity is continuing to build on this initiative
which has been very well received by the participants. Total expenditure on these objectives
for the year ended 3151 March 2024 was £70.526, up slightlyfrom £67,200.
Expenditure
Year to
Expenditure
Year to
31103124
31103123
Assistanc8
Grants
> Provided to individuals in need for whrte go¢Jds.
carpet5 &fuTtitture_
Applied for by local organisations on behalf of
individua15. Grants are also available to local
or9anisations meeting the objeclives olthe
Chartty.
> Applications are assessed a9ainst the Chartys
aims & available bvd et.
> Supplied 750 Christmas HampeTS to local
organisaiions for distribution to the elderly and
eed
> Cost to set up and run coffee rnomings and
lunthes including stsff costs and notional thor9e
for use of Uxbrid e Hall
> Held Coronation Celebration Eventsfor the
elder￿ induding catering. The events were
designed to help those who may feel isolated to
mix with other5 to celebrate and built on the
Jubilee Celebration Events held in the previou5
ear.
13,101
19,074
Hampers
20.721
24.181
Coffee
Mornings
18.656
Events
2.527
2,472
Totsl
Hall Hire
55.065
45.727
613.5 hours
Notional cost
Allow I￿al oiganisalion510 hire Community
Halls at no or reduced cost wheie the actsvity is
for the direct benefit ofthe elde
ndibJr•
442 hoLJf5
Nolional cost
£15,461
70.526
£21.473
67.200
Total Includln
Nollon•l
I Including notional expenditure from free Hall Hires where hires directly meet the Charitys objectives

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REpoJrf for the year ended 31$1 March 2024
Charitable activities and the Charitys running costs are funded by income generated from
the ChariWs Permanent Endowment and investments. The Trustees have chosen to invest
surplus funds in investment trusts with a view to protecting the long-term future of the
Charity. In line with that strategy. during the year the Charity has invested part of its bank
deposits in investment funds. Investments have increased in value during the year by
£261,808 a5 a result of stock market volatility reversin9 the loss in the previous financial year.
During the yearthe Charity took the decision to mothball the Northwood Community Hall to
avoid incurring additional costs. The Charity are actively looking foroltemative uses for the
Hall.
Bookvalue
31103124
Bookvalue
31103123
The Cedar5 Freehold Property
Leased to Trinty Homeless Projects
Darren House
Leasedto A Ioc31 com
Cazenove Charities Muhi-As5et Fund
149,140
149,140
1,113.340
1,049,227
Total P•nnanent Endowffl•nt
1.261410
1.198.367
Kate Fassnidge Community.Hall at 2 Harefield Road Uxbridge
Available ro hire forthe localcommunty
87,874
89.910
76 High Street Northwood 8 Flats & Community Hall
185.490
186,570
Ca2enove char￿eS Multi-A5set Fund including Oepostt
Various Investment Funds including Deposit
Bank Dep051t
Total Oth•r Inv•sthi•nts
Oth•r Ass•ts
Office Equipment
Cash at Bank
Debtors
Total Assets
714.736
512.576
9.042
1.509,718
742,435
283,767
140,165
1.442.847
1.298
2.914
5.576
2.781.986
3,030
4,346
6,026
2.654.616

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORTforthe year •ndd 31" Marth 2024
Income
Income for year has increased by £30.629 mainly due to an increase in income received on
the Charity's Fund Investments.
Year to
Yearto
31103124
31103123
Hire of Communi
Halls,
Interest on Bank and Fund De
Pro
Rental
Income frotn Investments
Reimbursement ol Insurance
DonatlOn5
Total Incom•
31.069
7,219
61,800
82,713
3.157
11,264
460
64,156
75,948
1,872
1,630
155.330
osits
185.959
Expenditure
Expenditure has decreased marginally this year by £2.524. The Trustee5 keep a tight control
over expenditure, all ofwhich must be preapproved or covered by approved budget, to
ensure the Trustees maximise the amount that can be used to meet objective5. ensure the
Charity remains financially sound and to maintain property investments in a state required to
maintain rental income.
Yearto
Yearto
31103124
31103123
ee cotn
ensation and bene1rt53
aintenance
al and Estate 5ervice5
Office c05ts
Auditfee
Insurance
Communi
Hall runnin
Fund mana
ement fees
Fixed asset de
reciation
Other ex
enses
Total
fiditsr•
45,360
44,921
1,177
17,597
1,229
6,720
4,151
21,211
7,358
5.721
9.237
111.964
Pro
9,324
5.429
6.720
4,221
23.400
9,125
4,848
10,138
109.440
Including notion31 charge for Free Hall Hires totalling £23.529
Excludes employee compensation and benefits for Coffee morning employees included within
expenditure on charitable objectives.

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT for th• year end•d 31" March 2024
Governance & Running of the Charity
The Trustees, who are all volunteers, meet regularly to manage the Charity. The Trustees
have continued this year to focus on the future strategy of the Charity and the five-year
development plan. As well as considering future strategy the Trustees undertake, on an
ongoing basis, risk assessment of the Charity's activities. Action is taken to remediate risks
where this is deemed necessary.
The Trustees confirm that they have referred to the guidance contained in the Charity
Commission's general guidance on public ber)efit when reviewing the Charitys aims and
objectives and in planning future activwties and setting the grant making policy for the year.
The Charity employs two Charity Managers. both of whom work parttime, to look afterthe
day to day running of the Charity including submitting proposals to the Trustee5 for
initiatives to fulfil the Charity's objectives. The Charity also employs a part time caretaker to
look after the Comrnunity Halls and parttime employees to run and manage coffee
mornings and other events for local older people.
The Charity has set up a Charitable Incorporated Organisation ICIOI with the intention to
move its operations to the CIO in the future. No timescale has yet been set for the transltion
and this is expected to be in morethan 12 months from the date of this report.
The Trustees of the Charity, during the yearto 31° March 2024, and to the date ofthe
signing of these Accounts, were as follows=
James Attias
Adam Bennett
Reeta Chamdal
Reva Gudi
Marian Lally
Connor Liberty
Johanna Marren-King
Kelly Martin
Susan O'Brien
Chair
(Appointed 20 September 2023)
(Appointed 17 May 20231
(Resigned 18 September 2024)
To ensure adequate rotation, as well as to encourage new initiatives, the Trustees seTve a
maximum oftwo consec￿1Ve terms offouryear5 each. FormerTrustees may be reappointed
after a suitable inte￿al. The Trustee5 undertake regular reviews of skillsets to ensure a
spread of experience in different fields.

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT for the year ended 31*1 March 2024
The Trustees seek professional advice and support as they deem necessary.
Legal Adviser
Frazine Johnson of Frazine Johnson Solicitors
Old Bank Chambers
32 Station Parade
Denham
Buckinghamshire UB9 SEW
Architects and Project Managers
Dawy Project Management Limited
9 Painters Close
Bloxham
Oxfordshire OX15 4QY
Valuers and Chartered Surveyors
The Frost Partnership
1 Burkes Parade
Beaconsfield
Buckinghamshire HP9 1NN
Accountant
Fiona Morgan FCCA
Auditors
Ward Williams
Bay Lodge
36 Harefield Road
Uxbridge
UB8 IPH
Bankers
Lloyds Bank plc
21-22 High Street
Uxbridge
UB8 IJD
Climate Change & Sustainability
The Trustees have considered the impact of the Charity's activities on climate change and
are looking to expanding this further in the future. The Charity's main investment in the
Cazenove Charities Multi-Asset Fund is classified as green for climate change by Schroders
SustainEx and future investments will be assessed for climate impact.
The Charity in the pastfewyears have tsken stepsto minimise use of paper and printing by
initiative5 including replacing hard copy reports for regular meeting5 and using electronic
medium wherever possible. Where white goods are supplied for grants, the Charity will look
to supply the most energy efficierit model available for the price agreed.

THE FASSNIDGE MEMORIAL TRUST
ANNUAL REPORT for the year ended 31" Marth 2024
Ro$ervo$
The Charity continues to hold a significant amount of assets and is well placed financially to
build on achievements to date. The funds available, where not required forthe dayto day
riJnnin9 of the Charity, are invested to generate income to meet the aims and future strategic
vision of the Charity.
Unrestricted Funds are required to provide funds to cover and fulfil the objects of the
Charity, and the Trustees consider it prudent that unrestricted reserves should be sufficient
to cover at least one yearfs expenditure based on the prior financial year.
The amount of liquid assets available is monttored against prior year expenditure, at least
quarterly. Currently liquid assets are well in excess of annual expenditure.
Investment Pollcy
The full Investment Policy of the Charity is available on demand from the registered
correspondence address. The Charity aims to invest surplus funds to achieve capital growth
and income sufficient to sustain the Charity and to carry out the Charity's objectives both in
the present and the future. by way of medium risk well diversified investments. Specific
investment objectives are..
Maintsin the portFolio received at the start and continue its investment and growth for the
future..
Produce a steady income for the purposes of the Charitys objectives,.
Enhance the property portfolio for the Charitys continued stability,. and
Make investments for lon9-term capitsl growth to support the continuance of the Charity
in perpetuity.
From 1st November 2017 the Trustees approved use ofthe totsl return approach for the
permanent endowment invested in the Cazenove Charttie5 Multi-Asset Fund. Use ofthis
approach allows any gains on the investment whether capitsl gains, dividends, or other
income, to be used by the Charityto further its a￿M$.
Ststement of Trust••< Ro$poft$ibiliti•$
The Trustees are responsible for preparing the Trustees. Report and the financial statements
in accordance with applicable law and United Kingdom Accounting Standards {United
Kingdom Generally Accepted Accounting Practice}.
The law applicable to chartties in England & Wale5 requires the Trustees to prepare financial
Statements for each financial year which give a true and fair view of the state of affairs of the
charity and of the incoming resources and application of resources of the charity for that
period. In preparing these financial statements. the Trustees are required to:

THE FASSNIDGE MEMORIAL TRusr
ANNUAL REPORT for the year end•d 31" March 2024
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SORP 2019 IFRS 102);
makejudgements and estimates thatare reasonable and prudent-
stste whether applicable accounting standards have been followed, subject to
any material departures disclosed and explained in the financial statements-
prepare the financial statements on the going concern basis unless It IS
inappropriate to presume that the charty will continue in operation.
The Trustees are responsible for keepin9 accounting records that disc105e with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the
financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports)
Re9ulations 2008 and their Trust Deed. They are also responsible for safeguarding the assets
of the charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularitie5.
Signed on behalfof the board oftrustees
Adam Bennett-Trustee (Chairl
Date:..................

REPORT OF THE INDEPENDEKf AUDrroRS TO THE TRUSTEES OF
THE FASSNIDGE MEMORIAL TRusr
FOR THE YEAR ENDED 31 MARCH 2024
Opinion
We have audited the financial statement5 of The Fassnidge Memorial Trust (the 'charity'l for the
year ended 31 March 2024 which cornprise of the Statement of Financial Activities. the Balance
sheet. the Ststement of Cash Flows and related notes to the financial statements. including a
summary of si9nificant accounting policie5. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards,
including Financial Reportin9 Stsndard 102 The Financial Reporting Standard applicable in the
UK.and Republic of Ireland IUr)tted Kingdom Generally Accepted Accounting Practice).
In our opinion the financFal statements..
give a true and fair view of the state of the charit￿5 affairs as at 31 March 2024, and of its
incoming resource5 and application of resources. forthe year then ended..
have been properly prepared in accordance with United Kin9dom Generally Accepted
Accounting Practice.. and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK} IISAS IUKII
and applicable law. Our responsibilities under those standards are further described in the
Auditor's responsibilities for the audit of the financial statements section of our report. We are
independent of the charity in accordance with the ethical requirement5 that are relevant to our
audit of the financial statements in the UK, including the FRC'S Ethical Standard. and we have
fulfilled our other ethical responsibilities in accordance with these requirements. We believe that
the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
opinion.
Conclusions r•l•ting to goin9 concern
In auditing the financial statements. we have concluded that the trustees. use of the going concem
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating
to events or conditions tha¢ individually or collectively, may cast significant doubt on the
trust's ability to continue as a going concern for a period of at least twelve month5 from when the
financial statements are auth0ri5ed for issue.
Our responsibilities and the responsibilities of the trustees with respect to 90ing concern are
described in the relevant sections of thi5 report.

10
REPORT OF THE INDEPENDENT AUDrroRS TO THE TRusfEES OF
THE FASSNIDGE MEMORIAL Trusr
FOR THE YEAR ENDED 31 MARCH 2024
Other Inforniation
The trustees are responsible for the other infomation. The other information comprises the
information included in the trustee5' annual report. other than the financial statemènt5 and our
auditorfs report thereon. Our opinion on the financial statèments does not cover the other
information and, except to the extent otherwise explicitly stated in our reporL we do not express
any form of assurance conclusion thereon.
In connection with our audrc of the financial statements, our responsibility is to read the other
information and, in doing so, considerwhether the other information is materially inconsistent with
the financial statements or our knowledge obtained in the audit or othe￿iSe appears to be
materially mi55tated.
we identify such material inconsistencies or apparent material
misstatements, we are required to detennine whether there is a material misstatement in the
finan¢ial statement5 or a material misstatement of the other information. If, based on the work we
have performed, we conclude that there is a material misstatement of thi5 Other information. we
are required to report that fact.
We have nothing to report in thi5 regard.
Matters on whlch w• ar• Mqulr•d to report by •xnption
We have nothing to report in respect of the following matters in relation to which the Charities
(Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion..
the information given in the financial ststements is inconsistent in any material respect with the
trustees, report-, or
sufPicient accounting records have not been kept- or
the financial statements are not in agreement with the accounting records- or
we have not received all the information and explanations we require for our audit.
Responslblliti•s of trust•es
As explained more fully in the tru5tees' responsibilities statement set out on pagè$ 7 and 8, the
trustees are responsible for the preparation of financial statements which give a true and fair view,
and for such internal control as the trustees detemiine is necessary to enable the preparation of
financial statements that are free from material misstatement. whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitys ability
to continue as a going concern, disclosing, as applicable. matters related to going concern and
using the going concern basis of accounting unless the trustees either intend to liquidate the
charity or to cease operations. or have no realistic alternative but to do so.

11
REPORT OF THE INDEPENDENT AUDrroRS TO THE TRusfEES OF
THE FASSNIDGE MEMORIAL Trusr
FOR THE YEAR ENDED 31 MARCH 2024
Audito￿5 r•sponsibilities for th• audit of th• financial statements
We have been appointed as auditor under Section 144 of the Charities Act 2011 and report in
accordance with regulations made under section 154 of that Act.
Our objectives are to obtain reasonable assurance about whether the financial Statements as a
whole are free from material misstatement, whether due to fraud or èrror, and to issue an auditor's
report that includes our opinion. Reasonable assurance is a high level of assurance, but is not
9uarantee that an audit conducted in accordance with ISAS IUKI will always detett a material
misstatement when it exists. Misstatements can arise from fraud or error and are considered
material if. individually or in the aggregate. they could reasonably be expected to influence the
economic decisions of users taken on the basis of these fbnancial Statements.
Irre9ularities. including fraud, are tnstances of non-compliance with law5 and regulations. We
design procedures in line with OUT responsibilities, outlined above. to detect material
misstatements in respect of i￿egUlar1ties, includin9 fraud. The extent to which our procedures are
capable of detecting irregularities, including fraud, is detailed below.
We obtained an understanding of the legal and regulatory frameworks applicable to the
trust and the sector in which they operate. We determined that the followin9 was most
significant= the Charities Act 2011.
We obtained an understanding of how the trust are complying with those legal and
regulatory frameworks by making inquiries to the management of the trust. We
corroborated our inquiries through our review of correspondence during our audit work.
We assessed the susceptibility of the trusfs financial statement5 to material misstatèmenL
including how fraud might occur. Audit procedures performed included:
identifyin9 and assessing the design effectiveness of controls management has in
place to prevent and detect fraud;
understanding how those charged wtth governance considered and addressed
the potential for override of controls or other inappropriate influence over the
financial reporting proce5S.'
challenging assumptions and judgements made by management in it's significant
accounting estimates,.
identifyin9 and testing journal entries. in particular and journal entries posted with
unusual accouFIt combinations: and
assessing the exient of compliance wtth the relevant laws and regulation5.
Because of the inherent limitations of an audit. there is a riskthat we will not detect all irregularities,
including those leading to a material misstatement in the financial Statements or non-compliance
with re9ulation. This risk increases the more that compliance with a law or regulation is removed
from the events and transactions refiected ID the financial ststements, as we will be less likely to
become aware of instsnces of non-compliance. The risk is also greater regardin9 irregularities
occurrin9 due to fraud rather than error, as fraud involve5 intentional concealmenL forgery.
coIIu5ion, omission or misrepresentation.

12
REPORT OF THE INDEPENDEKf AUDrroRS TO THE TRusfEES OF
THE FA5SNIDGE MEMORIAL TRusr
FOR THE YEAR ENDED 31 MARCH 2024
A fijrther description of our responsibilities for the audit of the financial statements is located on
the Financial Reporting Council's website at= W￿YW.frc.or9.Uklaudlt0rsresponSlb1lltle$. This
description forms part of our auditorfs report
Use of our report
This report 15 made solely to the chariws tmstees, as a body. in accordance with Part 4 of the
Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that
we might state to the charitys trustees those matterswe are required to stateto them in an auditorf5
reportand fornootherpurpose. Tothefvllestextent permitted by law.wedo notacceptorassume
responsibility to anyone other than the charity and the charitys trustees a5 a body. for our audit
work, for thi5 report. or for the opinions we have formed.
WARD WILUAMS
Statutory Auditors
Belgrave House
3943 Monument Hill
Weybridge
Surrey KT13 8RN
Ward Williams is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

13
THE FASSNIDGE MEMORIAL TRUST
STATEMEKf OF FINANCIAL AcnvmES FOR THE YEAR ENDED
31 MARCH 2024
VA￿Str￿ted ￿K￿Ed Endowment
Funds
Funds
Funds
Totsl
2023
2024
1Th￿rn• •Thd Md•wm•nts from:
Incoming resources from 9enerated funds-.
Donations and legacies
Charitable Acbvttse5
Investments
1,630
13,136
140,564
10.697
151.733
10.697
151.733
Totsl IncomlThg r•sour
N•t• 2
162.430
162.430
155.330
xp•nd1￿fv Oth:
Chariia61e Athvfties
156.438
156A
157,691
Tot•1 •xp•n¢frtur•
Nots3
156.438
156A38
157.691
Net gain4lossl on investments Nots 4
SS.952
64.113
120.065
1141,7431
N•t Incorn• I l•xpendltur•l
61.944
64.113
126.057
1144,1041
Tr•nsf•rs b•tw••n hnds
Nel mov•m•nl In tsnds
61.944
64,113
126.057
1144.1041
R•ton¢ill•tion of fvnds
T¢sts1 fvnds bv•ughtfoTh¥•rd
At 1 Aprfl 2023
1.420,266
1,202,690
1622.956 2,767.060
Totsl lunds brou9htforward
At 31 March 2024
N*)t• 11
1.482.210
1.266,803
1749.013 2,622,956
All income and expèndtture derive from continuing activitie5.
The statement of financial activtties includes all gains and105ses reco9nised during the year.

14
THE FASSNIDGE MEMORIAL TRUST
BALANCE SHEET AS AT 31 MARCH 2024
2024
2023
FIXED ASSErs
Tangible assets
423.802
428,650
CURRENT ASSErs
Investments
Debior5
Cash at bank and in hand
2.349.694
5.570
2.914
2.215,594
6,026
4,346
2,358.184
2.225,966
CREDITORS: Amounts f•lllThg du• within
on• y•ar
{22.973)
121,6601
Nrf CURREKfASSErs
2335.211
2,204,306
NEf ASSErs
2.759.013
2.632,956
REPRESENTED BY:
Capital bequest
10.000
10.000
Unrestricted funds
Endowmentfunds
1A82.210
1.21J6.803
1.420.266
1.202,690
2.749,013
2.622.956
TOTAL FUNDS
2.759.013
2.632,956
The accounts were approved by the trustees on .
tsotknj 2£ .
Signed on behalf on the trustee5
Adam Bennett-Trustee (Chairl

15
THE FASSNIDGE MEMORIAL TRvsr
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flow from opernting activili•s (se• r•conclllatlon
below):
N•t cash flow from op•r￿[￿9 acdvhl•s
42,73S
1214.7651
Cash Ilow from Inv•stlng acdvltl•s
Payments to acquire tangible fi'xed assets
Interest received
Rè-invested income from investments
13,8951
461
75,947
7.220
82.713
N•t Cash flowfr•m Inv•silng a¢ilvltl¢s
89.933
72,513
N•t irtuoas•lld¢crnas•) in Cash and Cash equivalents
132.668
1142,2521
Cash and cash equivalents at 1 April 2023
2.219,940 2.362,192
Cash and cash equivalents at 31 March 2024
2.352,608 2.219.940
R•conciliation of n•t incom• / (•Xp•ndl￿r•J to n•t cash Ilow
from operating •cliviti•s
Net incomellexpenditurel for the year
Depreciation of tangFble fixed assets
Interest receivable
Income from muki asset investment fund
Decrease in debtor5
Increase/ldecreasel in creditors
126,057
4.848
(7.2201
{82.7131
450
1.313
1144.1041
5,720
14611
175,9471
2,908
12,8811
N•t ¢a$h llow fr•m op•ralin9 athrbe5
42.735
1214,7651
Cash and cash equivalents as at the year-end of £2.352.60812023.. £2.219.9401 consists of cash at
bank and in hand of £2.91412023-. £4.3461 and invested surpluses in multi-asset funds and deposit
account5 of £2.349.69412023.. £2,215,594}.

16
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE AccouKrs
FOR THE YEAR ENDED 31 MARCH 2024
Summary of slgnlficant accountlng policies
Gen•ral information and basis of preparation
The Fas5nidge Memorial Trust is a Charity registered in the United Kingdom. The address
of the Charity is given in the Trustees report on page l of these financial statements. The
nature of the Charitys operations and principal activities are ststed in the trustees report
on pages 1 to 8.
The Charty constitutes a public benefit entity as defined by FRS 102. The financial
statements have been prepared in accordance with Accountin9 and Reporting by Charities..
Ststement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Stsndard applicable in the UK and Republic of
Ireland IFRS 1021 (published in October 20191. the Charities Act 2011 and UK Generally
Accepted Practice.
The financial statements have been prepared to give a 'true and fairf view and have
departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent
required to provide a 'true and fairf view. This departure has involved following the
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable
to charities preparing their 3ccount5 in accordance with the Financial Reportin9 Stsndard
applicable in the UK and Republic of Ireland IFRS 1021 rather than the Accounting and
Reporting by Charities= Statement of Recommended Practice effective from 1 April 2005
which has since been withdrawn.
The financial statements are prepared under the historical cost convention. The h'nancial
statements are prepared in sterling which is the functional currency of the Charity and
rounded to the nearest £.
The Significant accounting policies applied in the p￿ParatIon of these linancial ststements
are set out below. These policies have been consistently applied to all years presented
unless otherwise stated.
Golng Conc•m
At the time of approving the accounts. the trustees have a reasonable expectation that the
charity will continue in operational existence for the foreseeable future, with the charity
having substantial reserves available for furtherance ol tts charitsble activities. Thus the
trustees continue to adopt the going concern basis of accounting in preparing the
account5.

17
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Tanglble r￿d ass•ts and d•pr•cialion
The charity's fixed assets consist ol.. freehold properties and the subsequent development
expenses olthe propertie5- leasehold property and fixtures and frttings which relate to the
property. The assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the c05t less the estimated residual value of each asset over its
expected useful life as follows=
Freehold property..
Leasehold property..
Uxbrid9e hall..
Fixtures and fittings=
No depreciation calculated
Over lease lifetime of 1501125 years
(her 20 years
Over 5 to 20years
Inv￿lMents
Pooled investments are valued using thè mid-market price at the year-end date. Changes
in the market value of investments are recognised in the Statement of Financial Activitie5.
Incomlng rnsources
These are included in the Statement of Financial Activities when the charity becomes
entitled to the resources. the trustees are virtually certatn they will receive the resources
and the monetary value can be measured with Sufficient reliability.
Resourtes expend•d
All expenditure is accounted for on an accruals basis and has been classified under
headings that aggregate costs related to the category. Expenditure is recognised where
there is a legal or constructive obligation to make payments to third parties. it is probable
that the settlemerht will be required and the amount of the obli9ation can be measured
reliably.
Irrecoverable VAT is charged as an expense against the classification for which expenditure
arose.
Funds
Unrestricted funds are those fund5 which are available for use at the discretion of the
trustees in lurtherance of the general objectives of the charity and which have not been
designated for other purposes.
Restricted funds are those lunds which must be spent as income on the particular purpose5
specilied by the donor.
Endowmentfunds are those fundswhich the charity must hold and retain and not spend a5
income.

18
THE FASSNIDGE MEMORIAL TRUST
NOTES TO TrIE AccouKrs
FOR THE YEAR ENDED 31 MARCH 2024
Cash and equivalents
Cash and cash equivalents are basicfinancial assets and include cash in hand. deposits held
at call with bank5, Other 5hort-term liquid investments with original maturities of three
months or less. and bank overdrafts. Bank overdraft5 are shown within borrowings in
current liabilities.
Employee beneffts
When employees have rendered service to the charity. short-tem employee benefits to
which the employees are entitled are recognised at the undiscounted amount expected to
be paid in exchange forthat service.
The charity operates a defined contribution plan for the benefit of its employees.
Contributions are expensed as they become payable.
INCOMING RESOURCE5 FROM GENERATED FUNDS
2024
2023
Donations and l•gaaes
Donation5 from Uxbridge Bikers
1.630
1.630
Charitable Activili•s
Kate Fassnidge Communty Hall - Northwood
Kate Fassnid9e Cornmunty Hall- Uxbridge
Re-imbursement of Insurance
1.177
6.363
3.157
3.584
7.680
1.872
10.697
13,136
Inveslment Inwm•
Bank deposit interest
Rent received
Multi-asset fund income
7.220
61.800
82,713
461
64.156
75.947
151.733
140,564
Total
162A30
155,330

19
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE Accoumrs
FOR THE YEAR ENDED 31 MARCH 2024
CHARrrABLE AcrivrriES
2024
2023
Grants and donations made:
Social & Housing Welfare needs
Purchase of Christmas hampers
Coffee Moming5
15.688
20.721
3.559
21,546
24.181
39.968
45.727
Property malntenance and Improvement
General maintenance of properties
Propety Insurance
Kate Fassnidge Communty Hall running costs
Kate Fassnidge Community Halls depreciation
Office Equipment depreciation
1,177
4,151
21,211
3,949
1,772
4,221
23.400
3.361
1.487
32A69
32,260
Administr•tion •nd gov•rnance
Wages and salaries
Employment expenses
Employment training
Support charges- Legal and cleTking
Support char9es- Estates and valuations
Website design and h05ting
Expenses of meetings. refreshments etc
Auditors remuneration
Managementfee
Office costs
Bankfees
50.946
429
1.015
8.124
1.200
30
977
6.720
9.125
5.429
44,410
511
10,260
7,337
44
1,820
6,720
7,358
1,229
15
84.001
79,704
Total
156A38 157,691

20
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
OTHER GAINS/(LOSSES)
2024
2023
Unrealised 9ainlllossl on investsments
120.065 1141,7431
120.065 1141.7431
EMPLOYEES
2024
Number
2023
Number
Number of employees:
The average monthly number of employees during the
year was..
Employmgnt wsts
Wages and salaries
Social se¢urtty costs
Employer pension costs
49.851
43,249
1.095
1,161
50.946
44,410
There were no employees whose annual emoluments were £60.000 and above.

21
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
FIXED ASSErs
Northwood Uxbrfd9e fixturn$
Hall {KFCH)
Hall & ffttings
Th• C•d•r4
Totsl
Cost as at 1 April 2023
Additions
i 0,000
197.049
101,037
16.952
325,038
i 0.000
197.049
101,037
16.952
325,038
Development C05ts.'
As at 1 April 2023
Development costs this
year
139,140
139.140
As at 31 March 2024
149.140
197,049
101.037
16,952 464.178
Depreciation costs..
As at 1 April 2023
Charge for current year
10,479
1.080
11.127
2,036
13,922
1,732
35,528
4.848
As at 31 March 2024
11.559
13,163
15.654
40,376
NBV at 31 Marth 2024
149.140
185A90
87.874
1.298 423.802
NBV at 31 March 2023
149,140
186.570
89,910
3,030 428,650
lal
Bequest by Mr5 Fassnidge. This asset consists of the freehold of the propety and
land known as The Cedars at 66 High Street. the freehold of the land 51te of 65 High
Street"known as Darren House-. and freehold ofthe propety and land adjacent to
The Fassnid9e Memorial Hall. Uxbrid9e, Middlesex and land adjacent thereto. The
original bequest value of £1 0,000 is also shown as the Bequest Capital. Since then
£139,140 has been spent on the redevelopment of the Cedar5. Ir¢ 2017 the charity
sold the head lease of part of the land atthis Uxbridge site to a developer (Howarth
Homes) which generated substantial funds for the Trust1£1,575.0001 and a further
Overage payment is expected as part ofthe a9reement when the development has
been formally completed as part of the Development Agreement. The
development include5 a new Hallto be used bythe local community-

22
TrIE FASSNIDGE MEMORIAL TRUST
NOTES TO THE AccouKrs
FOR THE YEAR ENDED 31 MARCH 2024
FIXED ASSEfs (Conilnued)
Ibl
Northwood Hall- On 2 April 1997 the trustacquired the Northwood Dining Centre
for £35.000. with £122.049 spent on the redevelopment of Northwood Hall which
wascompleted by Howarth Homes in 2012. A sale and leaseback arrangementwith
Howarth Home5 was agreed fora term of 150 yearsre9arding Thecommunity Hall,
renamed as Kate Fassnidge Community Hall. During 2017 an additional cost of
£40,000 was incurred with Howarth Homes. with the charity purchasing the
Northwood site head lease reversion. This is being wrttten down over the life of the
agreement.
{c}
Fixtures and fittings which relate to the Kate Fassnidge Communty Hall, are being
written down over their expected usefvl economic life.
INVEsfMENTS
Pr•miurn
her
Fun
Totsl
As at 1 April 2023
Additions
Disposals
140,165
7.219
(138.3421
1,791,662
72,778
1135,0001
283.767 2,215,594
207,380
287.377
1273.3421
9.042
1.729.440
491,147 2,229.629
Unrealised gain
98.636
21,429
120.065
NBV at 31 March 2024
9.042 1.828.076
512.576 2.349.694
NBV at 31 March 2023
140,165
1,791,662
283.767 2,215,594

23
THE FASSNIDGE MEMORIAL TRU5r
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
DEBTORS
2024
2023
Trade debtors
Prepayments and accrued income
5.576
6.026
5.576
6.026
CREDrroRS: Amounts falling due wlthln OM y•ar
2024
2023
AccTuals and deferred income
Other creditors- deposits held
19.965
3.008
18,195
3,465
22.973
21,660
10.
RELATED PARTIES
Trustees
None of the trustee5, or any person connected with them. received any remuneration
during the period.
Controlling party
The charity is controlled by the tru5tee5.

24
THE FASSNIDGE MEMORIAL TRusr
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
FUNDS
Caplial Unrnstrlct•d Restricted Endowment
B•qu•st
Fund5
Funds
Fund5
Total
At 1 April 2023
10.OLK) 1.420,266
1.202,690
2.632,956
Incom•
162.430
162.430
Expenditure
1156,438)
1156.4381
Gain Qn inveslments
55.952
64.113
120,065
Translers betr4een funds
At 31 Marth 2024
10.000 1.482,210
1.266.803
2.759,013
The Endowment Fund brought forward balance above of £1.202,690 is made up of tr•0
funds. The first is a pennanent endowment fund as set by the trustees which the Charity
must hold and retain and not spend as income. The second fund within the brought
forward balance is relating to the Hoeni95berg Memorial Trust Fund. The Trustees
consider thatthe assets acquired from the Hoenigsberg Memorial Trust in the year ended
31st March 2017, consisting of cash of £487.525 and formerly part of that Charity's
permanent endowment should be treated by them as an addition to the permanent
endowmentofthe Charity.

12
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE FASSNIDGE MEMORIAL TRUST
FOR THE YEAR ENDED 31 MARCH 2024
A further description of our responsibilities for the audit of the financial statomonts is located on
the Financial Reporting Council's website at.. www.frc.org.uk/auditorsresponsibilities. Thi5
description forms part of our audito¢s report.
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance wtth Part 4 of the
Charities {Accounts and Reports) Regulations 2008. Our audit work has been undertaken 50 that
we misht state tD the charity's trustèes thosé matters we are required to state to them in an auditor,
report and for no other purpose, Tothe fullest extent permitted by law, we do not accept or 4S5ume
responsibility to anyone other than the charity and the charity's trustees as a body, for our audit
work, for this report, or for the opinions we have formed.
WARD WILLIAMS
Statutory Auditors
Belgrave House
39-43 Monument Hill
Weybridge
Surrey rr13 8RN
Ward Williams is eligible to act as an auditor in terrns of section 1212 of the Companies Att 2006