RED HILL CHARITABLE TRUST
REPORTS AND ACCOUNTS
FOR THE YEAR ENDED
31 AUGUST 2024
Registered charity number: 307891

RED HILL CHARITABLE TRUST
Address:
3 Thurnham Oast,
Aldington Lane
Maidstone
Kent
ME14 3LL
Trustees:
R Law (Chairman)
A Bunting
R Barton
M Startup
K Moule
A Adams
P Jones OBE
N Clark
R Piggott
S Prendergast (appointed 18 October 2023)
Associate trustees..
N St. John Paul
E Leitch
Prof. C Parsons (appointed 18 October 2023, resigned
20 March 20241
Treasurer:
M Startup
Independent examlner:
B Cuddington FCA
Pennine Bower
16 Lancet Lane
Maidstone
Kent ME15 9RX
Bankers
Barclays 8ank PIC
Maidstone - North Kent Group
Leicester
LE87 28B
Discretionary Fund
Manager
Rathbone Investment Management Limited
8 Finsbury Circus
London
EC2M 7AZ
Registered Charity No.
307891

RED HILL CHARITABLE TRUST
REPORT OF THE TRUSTEES
For the
ear ended 31 Au
ust 2024
The trustees present their annual report and financial statements of the charity for the year
ended 31 August 2024. The financial statements have been prepared in accordance with the
accounting policies set out in Note I to the accounts and comply with the charity's trust deed,
the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended
Practice applicable to charities.
Structure, governance and management
Red Hill Charitable Trust is governed by the trust deed dated 9 September 1997 and is
registered charity (number 3078911. The Trustees govern the charlty.
Objectlves and actlvlties and publlc beneflt
The objective of the Trust is the promotion of education including social and physical training of
persons under the age of 25 who are resident In the area of benefit and who have emotional or
behavioural difficulties and disorders.
The trustees confirm that they have referred to the guidance contained in the Charity
Commission's general guldance on public benefit when reviewing the Foundation's aim5 and
objectives and in plannin8 f uture actlvities and setting the grant making policy.
Recrultment and appolntment of trustees
The trustees who have served through the period are set out on page l.
Trustees are chosen for their knowledge in education or for other speclalist knowledge requlred
to operate a successful charity.
Actlvltles, performance and flnanclal revlew
During the period under review 24 grants payments were made to the organisations set out on
page 8 of the accounts. The grants were made in accordance wlth the charitable objectives and
amounted to £79,983 for the year12023 - £83,536).
The results for the year are set out in statement of financial activities on page 4, Unrestricted
income when including total income applied to unrestricted funds was £67,000. Unrestricted
expenditure was £84,160 and there was a deficit for the year of £17,160, which was taken out of
resen4es brought forward of £17,054. Unrestricted deficit of funds carried forward amounted to
£106.
The permanent endowment at 31 August 2024 is £2,955,000.
Investment pollcy
The permanent endowment is invested to produce the best return with an acceptable level of
risk, The capital generates income which can be used in accordance with the charity's objectives.
The investment policy is set by the trustees who consider the income requirement, the risk
profile and the investment managers view of the market prospects in the longer term.
The trustees meet the investment manager annually to review performance and to discuss
investment policy.

RED HILL CHARITABLE TRUST
REPORT OF THE TRUSTEES
For the
ear ended 31 Au
continued
ust 2024
Total return
The trustees have taken the decision to continue with making grants in excess of income as there
is 3 large current need to support our beneficiaries. The markets improved during the year and
there is an unapplied total return at 31 August 2024 of £224,290.
It was agreed by the trustees in consultation with the investment advisors that for the year
ended 31 August 2024 £67,000 be applied to income from the total return.
The charlty received advice from Rathbones on investment policy and total return investing.
Rlsk management
The trustees have examined the major risks to which the charity is exposed and systems have
been established to mitigate these risks.
Approved by the trustees on I fl312￿ ￿-
RLAW
CHAIR
OF TRUSTEES

RED HILL CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
For the
ear ended 31 Au
ust 2024
Unrestricted
funds
Permanent
endowment
Total
funds
Total funds
31.08.2023
Notes
INCOME
Investment income
Total income applied to
unrestricted f unds
73,455
73,455
58,590
67,000
167,000)
Total income resources
67,000
6,455
73,455
58,590
EXPENDITURE
Charitable activities
Grants for charitable purposes
Investment management fees
Other charitable expendlture
Trustee expenses
79,983
79,983
21,667
4,099
78
83,536
20,497
3,548
21,667
4,099
78
Total resources expended
84,160
21,667
105,827
107,581
NET EXPENDITURE BEFORE
INVESTMENT GAINS AND LOSSES
{17,1601
115,2121 132,372}
148,991)
GAINS ON INVESTMENTS
291,227
291,227
7,851
NET MOVEMENT IN FUNDS
(17,1601
276,015
258,855
141,1401
TOTAL FUNDS BROUGHT FORWARD
17,054
2,903,275 2,920,329
2,961,469
TOTAL FUNDS CARRIED FORWARD
£11061
£3,179,290 £3,179,184
£2,920,329

RED HILL CHARITABLE TRUST
BALANCE SHEET
For the
ear ended 31 Au
ust 2024
Notes
31.08.2023
FIXED ASSET INVESTMENTS
3,152,290
2,893,275
CURRENT ASSETS
Debtors and prepayments
Bank and cash balances
407
26.487
390
26,664
26,894
27,054
CREOITORS: Amounts falling due
within one year
NET CURRENT ASSETS
26,894
27,054
NET ASSETS
£3,179,184
£2,920,329
TRUST FUNDS
Permanent endowment
Unrestricted funds
3,179,290
11061
£3,179,184
2,903,275
17,054
£2,920,329
The accounts set out on pages 6 to 11 were approved by the trustees on .J.9.1..I.I..kn).￿.. and
signed on their behalf by:
M STARTUP
TREASURER

RED HILL CHARITABLE TRUST
NOTES TO THE ACCOUNTS
31 AUGUST 2024
I. ACCOUNTING POLICIES
General informatlon and basls of preparatlon
The Red Hill Charitable Trust is a charity registered with the Charity Commission In the United
Kingdom. The address of the registered off ice is given in the charity information on page l of
these financial statements. The nature of the charity's operations and principal activities are
set out in the Report of the Trustees on page 2.
The charity constitutes a public benefit entity as defined by FRS 102. The financial
statements have been prepared in accordance with Accounting and Reporting by Charitie5:
Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS102} issued on 16 July 2014, Charities SORP 2019 IFRS 102}, FRS 102 section IA
and the Flnanclal Reporting Standard applicable in the Unlted Kingdom and the Charities Act
2011.
The charity has taken advantage of the exemptlon not to produce a cash flow statement
under FRS 102 Section IA and SORP 2019.
The financial statements are prepared on a 8olng concern basis under the hlstorlcal cost
convention, modified to include certain items at fair value. The financial statements are
presented in sterllng which is the functional currency of the charlty and rounded to the
nearest £.
The Significant accounting policies applied in the preparation of these financial statements
are set out below. These policies have been consistently applied to all years presented
unless otherwlse stated.
Fund a¢countlng and structure
The funds held by the charity are divided between the permanent endowment (held in
investments) and unrestricted funds which can be used in accordance with the charitable
objectives at the discretion of the trustees.
Income recognltlon
Donations, legacies and other forms of voluntary income are recognised as income when
receivable, except insofar as they are incapable of financial measurement.
Income from investments is recognlsed when receivable.

RED HILL CHARITABLE TRUST
NOTES TO THE ACCOUNTS
31 AUGUST 2024
continued
I. ACCOUNTING POLICIES Icontinuedl
Expendlture recognltlon
All expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all costs related to the category.
Grant expenditure is recognised when awarded to the recipient. (The expense 15 included on
an accruals basis in the year in which a legal or constructive obligation to pay the grant
arlses).
Costs of raising funds are investment management fees which are char8ed against the
permanent endowment as the cost of capital maintenance.
Charitable activities include expenditure a5SOClated with the making of grants and donations
and include both the direct Costs and indirect costs relatin8 to these activities, on an accruals
basis.
Irrecoverable VAT is charged against the category of resource expended for which it was
incurred.
Investments
Investments are recognised at fair value which is normally the transaction price excluding
transaction costs, Subsequently they are measured at fair value with changes recognised in
'net gains/losses on investments, in the Statement of Financial Activities if shares are
publically traded or their fair value can otherwise be measured reliably. Fair value for the
purpose of the account5 is based on a portfolio valuation dated 31 August 2024 prepared by
the stockbrokers, Rathbones.
Debtors and credltors recelvable I payable wlthln one year
Debtors and creditors with no stated interest rate and receivable or payable within one year
are recorded at transaction price. Any losses arising from impairment are reco8nised in
expenditure.
Tax
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011
and is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and
therefore meets the definition of a charitable company for UK corporation tax purposes.

RED HILL CHARITABLE TRUST
NOTES TO THE ACCOUNTS
31 AUGUST 2024
continued
31.08.2024
2. GRANTS FOR CHARITABLE PURPOSES
Trall Blazers
The Arts Depot
Tall Ships
Youth and Family Matter
Churchlll COE School
The Countryside Alliance
Elsley Prlmary School
The Root of It
Free to be
Cycle Community
The Chicken Shed Theatre
Portal House School
Hunton COE School
Blue Smile Project
Bower Grove School
GASP Motor Project
Ryarsh School
Flourish Mentors
Roots 4 Learning
De La Warr Pavilion
EKS Schools Trust
Kite College
Wouldham All Saints School
Mersham Primary School
1,800
5,349
2,500
3,600
4,000
4,500
1,500
3,300
2,500
3,600
2,000
2,000
2,295
4,000
4,800
5,269
6,320
2,500
3,550
2,400
3,600
3,600
£79,983

RED HILL CHARITABLE TRUST
NOTES TO THE ACCOUNTS
31 AUGUST 2024
continued
3. OTHER CHARITABLE EXPENDITURE
Unrestricted
Fund5
Permanent
endowment
31.08.2024
31.08.2023
Independent examination fee
Insurance
Administration costs
360
448
3,291
360
448
3,291
360
399
2,789
£4,099
£4,099
£3,548
No remuneration was paid to any Trustee, althou8h travelling expenses of £78 were paid.
4. FIXED ASSETS INVESTMENTS
31.08.2024
31.08.2023
Market value at I September 2023
Investments
Acquisitions
Disposals
Revaluation to market value
2,827,217
1,684,504
11,699,998)
291,227
2,718,621
1,050,667
(949,9221
7,851
Market value at 31 August 2024
Cash
3,102,950
49,340
2,827,217
66,058
£3,152,290
£2,893,275
Investments at market value comprised:
31.08.2024
2.166,087
789,558
147,305
49,340
31.08.2023
2,269,892
449,592
107,733
66,058
Equities
Fixed interest securitles
Alternatives
Cash
£3.152.290
£2,893,275

RED HILL CHARITABLE TRUST
NOTES TO THE ACCOUNTS
31 AUGUST 2024
continued
4. FIXED ASSETS INVESTMENTS (CONTINUED)
Investments that accounted for more than 5% of the total were as follows:
31.08.2024
31.08.2023
J P Morgan Asset Managers
UK Equity Care E Net income
Lazard Fund Managers
UK Ome8a EA Inc
Invest Fund Servlces
Evenlode Income C Inc
Ishares PIC
Core FTSE 100 Shares Income
SPDR Series Trust
S&PSOOETF
S & P US Dlv Arlstocrats
T Balley Fund Managers
Evenlode Income C Income
Treasury 3 %% Bond 31/01/2033
196,225
175,336
182,359
236,502
157,097
169,819
166,690
209,070
181,978
219,796
5. MOVEMENT IN FUNDS
8alance
01.09.2023
Gains on
investments
Balance
31.08.2024
Income
Ex
enses
Unrestricted fund
17,054
67,000
184,1601
(106)
Permanent
Endowment fund
Applied to income
2,903,275
73,455
{67,0001
£73.455 £{105,8271
121,6671
291,227
3,179,290
£2,960,329
£291,227
£3,179,184
Movement in funds for the year ended 31 August 2023
Balance
Galns on
investments
Balance
Unrestricted fund
20,138
84,000
187,0841
17,054
Permanent
Endowment fund
Applied to income
2,941,331
58,590
184,0001
£58,590 £1107,581)
120,4971
7,851
2,903,275
£2,961,469
£7,851
£2,920,329
10

RED HILL CHARITABLE TRUST
NOTES TO THE ACCOUNTS
31 AUGUST 2024
continued
6. TOTAL RETURN
Permanent
endowment
Unapplied
total return
Total
endowment
At I September 2023
Trust for investment
Unapplied total return
Total
2,955,000
2,955,000
151,7251
{51,7251
{51,7251
2,955,000
2,903,275
Movements In reportlng perlod
Investment return: dividends and interest
Investment return: realised and unrealised
galns and Ilossesl
Less: Investment management costs
73,455
73,455
291,227
{21,6671
291,227
121,6671
Total
Unapplled total return allocated to permanent
Endowment in the reporting period
Unapplied total return allocated to income
in the reportin8 period
Net movement In the reportlng perlod
At end of the reportlng perlod
Trust for investment
Unapplied total return
At 31 August 2024
343,015
343,015
{67,0001
167,000)
276.015
276,015
2,955,000
2,955,000
224,290
224.290
£2,955,000
£224,290
£3,179,290

RED HILL CHARITABLE TRUST
REPORT OF THE INDEPENDENT EXAMINER
TO THE TRUSTEES OF RED HILL CHARITABLE TRUST
FOR THE YEAR ENDED 31 AUGUST 2024
I report to the trustees on my examination of the financial statements of Red Hill Charitable Trust
(the charity) for the year ended 31 August 2024,
Responsiblllties and basls of report
As the trustees of the charity you are responsible for the preparation of the financial statements
in accordance with the requirernents of the Charities Act 2011 (the 2011 Act}.
I report In respect of my examination of the charity's financlal statements carrled out under
section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable
Direttions given by the Charity Commlsslon under section 145{5)(b) of the 2011 Act.
Independent examlnerfs statement
Your attention is drawn to the fact that the charity has prepared financial statements In
accordance with Accounting and Reporting by Charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in
preference to the Accounting and Reporting by Charities.. Statements of Recomrnended Practice
Issued on l Aprll 2005 which Ss referred to In the extant regulations but has now been withdrawn.
l understand that this has been done in order for financial statements to provide a true and fair
view in accordance with Generally Accepted Accounting Practice effective for reporting perlods
beginnlng on or after l January 2015.
I have completed rny examination; I confirm that no matters have come to my attention Sn
connection wlth the examination giving me cause to believe that in any materlal respect:
accounting records were not kept in respect of the charity as required by section 130 of the
2011 Act; or
the financial statements do not accord with those records; or
the flnancial statements do not comply with the appliable requirements concerning the
form and content of accounts set out in the Charities (Accounts and Reports) Regulations
2CK18 other than any requlrement that the accounts 8ive a true and falr vlew which Ss not
matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection wlth the examlnatlon to
which attention should be drawn in this report in order to enable a proper understandin8 of the
financial statements to be reached.
Pennine Bower
16 Lancet Lane
Maidstone
Kent
MEIS 9RX
CUDDINGTON FCA
Chartered Accountant
Date:
l9.1.3.)
12