Gay & Peter Hartlevs HILLARDS Charitable Trust TRUSTEES, ANNUAL REPORT & ACCOUNTS FY 2021 Registered Charity 327879 Gay & Peter Hartley's Hillards Charitable Trust Trustees, Annual Report Reportln8 Perlod 1st January 2021 to 31st December 2021 Name of Trust Gay & Peter Hartlevs Hlllards Charttsble Trust Reglstered Charity number 327879 Address clo The Green House, 4CA) Shadwell Lane, Leeds LS17 8AW Contsct Christopher J. Hindle, Secretary to the Trustee5 Webslte www.hillardstrust.o President R C Hartley MBE Trustees Peter A H Hartley CBE Simon R H Hartley MRI(S Susan J H Hartley Bl MBA George S H Hartley Oscar P H Hartley Bsc Sir Norman Bettison QPM. MA. MBA Ichairl Investment Managers M&G plc. 10 Fenchurch Avenue. London EC3M SAG Bankers HandeLsbanken. The Lodge. Scott Lane, Wetherby LS22 6LH Independent Examlner Mr. Keith Horsley GovernlTr8 Dowment Trust Deed dated 02.07.1988 Constltution Unincorporated Assoctation Power to Appolnt T¥￿tee5 Peter A H Hartley CBE1Settlorl R C Hartley MBE (Settlor) The Trust Deed stipulates a minimum of 3 Trustees and a maximum of 7 Tralnlng of trustees The Settk)rs wrote to new trustees outlining the history and objertives of the trust. The new trustee is provided with a pdf copy of the Charities Commission document outlinin8 the ￿SponsIbl111￿eS and duties of trustees. Management The day to day business of the Trust is managed by the Secretary to the Trustees. The trustees meet at least twi￿ a year (the end of March and September) to review applications. Custodlan Trustse The Trustees do not art as custodian tnjstees Oblectlves Founded by Gay and Peter Hartley in 1988, Gay & Peter Hartley's Hillard5 Charitable Trust is a Leed5 based charitable organisatlon that makes grants to local charities in 11 counties in North and Central England. Hillzrds was a family glocery business founded by John Wesley Hillard irb 1885. John Wesley was the grandfèther of the Trust's co-founder and Its Iirst Chairman Peter Hartley. Hillards traded for 102 years until 1987. In 1972 it became a publlc limited company trading on the London Stock Exchange. In 1987, after a fieytely contested battle, Hlllards was taken over through one of the first hostlle take-over bids in the UK. At that time, Hillaid5 plc employed more than 7,500 people across 40 supermarkets In 40 towns. Based on the publlc-spirited values of the company's founding family, the Trust'5 mission is to 5UPPOrt social welfare opportunities in the towns once served by Hillards stores. The Trust makes grants to independent, IcKal, non-proflt, voluntary and community based charitable organlsatlons that share the Trust's vision of enhanclng social support in those cornmunitles. The Trust seeks to make grants speciflcally In IS towns in West Yorkshire, 6 In South Yorkshlre, 5 In Lancashile, 4 In North Yorkshbre, 4 In Lincolnshlre, 3 In Nottlnghamshlre, 3 in Derbyshlre and 2 in Northamptonshire. The Trust also makes grants in Peterborou8h, Brownhills and Leicester. The Trust operates a websSte through which potential applications can be qulckly checked for e1i8ibillty in accordance with the Trust's Buldellnes and striction5. Summary of actlvltles FY 2021 Gay & Peter Hartley's Hillards Charitable Trust made 81 grants durSng the year with a total value of £73,018. Income was £ 75,933. Slr Norman Bettlson QPM, MA, M8A agreed to accept appolntment as a Trustee in October 2021. Slr Noiman agreed to accept the role of Chair, 5uccedlng èctlng Chalr, R C Hartley MBE. The Trustees were pleased to have been invited to attend the launch of the inshore Iifeboat'j W Hlllard IV, from its base in Scarborough In October 2021. The lifeboat was funded from past donations to RNLI from the Charltable Trust. Publ1¢ beneffts In mana@Ing the assets of the Trtsst and In making donations to the vear ended 31st December 2021, the Trustees have complied with their duty to hève due re8ard to the 8uidance on public benefit published by the Charity Commission. Flnandal Review As at 3tstDecember 2021the Tmst's assets were £1,668.9)7. The Trust has no reserves. A5 it is fDf5een that the Trust's assets will al￿￿¥5 signrftsndy ex¢eed its liabl￿t￿. there is no polKy on hobjmg reser￿. However. the tn£stees aim to di5trthte E)et Income arsing in a Cajendaryear In which tt was generated. Income that 15 not dstributed in any one year is retsirled as income to be dittributed In future years. The TrU￿ee5 declare that they have approved the Tntstees. Report as presented above as well as the knounts and thatthis report is signed on their behalF. P4ame Independent Examiner's Report Report to the Trustees of Gay & Peter Hartley's Hillards Charitable Trust On accounts for year ended 31.12.2021 Registered Charity No. 237879 I report to the trustees on my examination of the accounts of the above charity 1.the Trusff I for the yeèr ended 31-12-2021. Respoinsibilities and basi5 of report As the charity's trustees. you a￿ resporssible for the preparation of the accounts in accordance wtth the requirements of the Charities Act 2011 1.the Acfl. I report in respect of my examination of the Trusvs accounts carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed all the applicable Direttions given by the Charity Commission under section 145151{b} of the Act. Independent Examiner'5 Report I have completed my examination. I confirm that no material matter5 have come to my attention in connection with the examination which gives me cause to believe that in any material respect: the accounting records were not kept in accordance with section 130 of the Charities Art,. or the accounts did not accord with the accounting records,. or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2￿8 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matter5 in connertion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Slgned Date 9th March 2022 Name Keith Horslev Address 98 Green Lane. Cookrid8e. Leeds LS16 7HF Gay & Peter Hartley's Hillards Charitable Trust FINANCIAL SUMMARY 1988-2021 Year 1988 1,000,000 1,053.630 1,335,576 1.312,292 1,050,577 1,145,750 1,210,766 1,212.597 1,246,976 1,260,121 1.451.943 1,447,923 1.395,847 1.301,620 1,076,836 1.155,493 1,208,098 1,295,241 1.318,183 1.388,447 1,213,927 1,254,300 1,280.229 1,286,895 1,340,798 1,498,089 1.51X,422 1,505,137 1.650,677 1,789,967 1,583,209 1,798.623 1.482,802 1,668,907 7,875 61,081 98,542 87,199 92,127 77,346 85.343 87,395 90.659 86,890 92,352 95,685 94,486 87.31 46,289 44.189 38.815 37,167 38.680 33,123 36,043 38,607 43,481 43,799 52.317 52.422 51,136 52,947 64.397 77,022 81.440 85,472 69,114 75,933 1.175 1.776 1,796 1,303 6,700 59.305 .746 85,8 92,091 76,670 83.983 6,700 53,630 6.1% 31,946 9.4% 18,096 6.5% 51.116 7.0% 23.180 7.4% 24.658 7.4% -9,991 7.2% 3,729 7.5% -17,048 7.0% 1.843 7.3% 927 66% -22,875 6.5% -5,068 6.3% -52.739 3.6% -5.501 4.1% -3,624 3.4% -28,639 3.1 % 4,160 3.0% -14.406 2.5% -9.4C6 2.6% 9,609 3 2% -25,761 3.5V 8,529 3.40 6,964 4.10 -5.541 3.90 -6.392 3.4% 8,215 3.5% 35,035 4.3% 27,778 4.7°1tr 13.530 4.5% -23.548 5.4Vo -22,445 3.8% -1.860 5.1% 1989 1990 5,675 64,800 67,81J) 40.975 53,490 59.325 ,035 82,356 91.229 75,531 79.073 102.104 80,661 95.175 46.445 41.119 64.537 41.395 37,587 32.482 17.492 56.383 22,137 31,885 43.624 42.365 28.387 27.680 47,830 59,928 94.159 87.800 73.018 1991 1992 1993 1994 676 1.360 1.352 4.575 12,709 14.977 15.685 15,257 11,713 3,853 3,246 1.320 1,269 1,445 9,942 12.967 11,5C6 12,859 13,133 13.468 14.340 15,163 16,345 1,682 1.414 7.982 14,861 3,759 4.775 1995 1996 1997 1998 86.084 74.181 77,374 80.0 79,229 75,593 42.436 1999 2000 2001 2002 2003 2004 37,495 35.898 37,235 23.181 23.076 27.101 30.622 2005 200e 2007 2008 2009 2010 2011 2012 38.849 38.083 35,973 36.602 62,715 75.608 73.458 70,611 65,355 71.158 2013 2014 2015 2016 2017 2018 2019 2020 2021 Total 2306.680 249.719 1956.961 IWO,480 64,415 5.1% Gay & Peter Hartlevs HILLARDS Charitable Trust FY 2021 ACCOUNTS 24th March 2022 Gay and Peter Hartley's Hillards Charitable Trust BALANCE SHEEf FY 2021 2021 2020 Total Assets 1,668,907 1,482,802 Listed Investments (market value) No. l Account 1.596,854 1.258.092 338,762 1.408,427 1,109.639 No. 2 Account 298,788 Cash balance held at bank 72.053 74.375 No. l Account 39,340 35.814 No. 2 Account 32,713 38.561 Total Liabilities & Investments 1,668,907 1,482,802 Llabilities 7.638 8,100 600 Accountancy fees Unpresented cheques (notes 1-21 7.038 7,500 Undistributed income Period 02-07-1988 to 31-12-2020 No.1 No_2 64.415 66,275 88,720 66.275 Year ended 31 December 2021 -1,860 -22,445 Total undistributed income at 31-12-2021 33.740 30,675 Investment Portfolio 1,596.854 1.408,427 Gay and Peter Hartley's Hillards Charltable Tn INCOME STATEMENT FY 2021 2021 2020 Total Income 75,933 69,114 Investment Income 75.933 59.824 68,750 No. l Account 54,165 No. 2 Account 16,109 14,$85 Bank interest 164 No. I kcoufjt 73 No. 2 91 Other In¢ome 200 AvalurKh dosure rnon￿ IP*). 2 2W Deduct Total Expenses & Grants 77.793 91.559 Deduct- Admlnlstratlve expenses Inotes >71 Salary & otheremployee costs IDspectK>n & accountancy - b)￿n¢t. ypar ended 31 Deceth 2019 Irtspett￿n & accouthtsrKy -yea1 ended 31 December 2021 OlfKe 4,775 3,759 1.081 200 758 Website dvEbpment Trustees expenses 5undryexpenses 1.204 792 1,427 206 202 Deduct- Grants 73.018 87,800 P40. l Account 59,368 No. 2 Ateount 13,650 29.80) Unpresented the4￿5 morethan oneyearold Surplus/(deficit) income -1.860 -22.445 Gay and Peter Hartley's Hillards Charitsble Tntst INVESTMENT & INCOME SCHEDULE FY 2021 UNrrs cosr INCOME VALUE No.1 Account 1,165,742 59,824 1,258,092 M & G Chathnd 1,162,927 59.824 1.258,092 SPKSonK RedemW"o 3.415 No.2 Account 314,145 16,109 338,762 M & G Charffijnd ZL769 312,934 16.109 338,762 SPKSonK RedemptiL 1.211 TOTAL PORTFOLIO 1,479,887 75.933 1,596,854 CHANGE IN PORTFOLIO VALUE FY 2021 2021 2020 Starting Balance at ljanuary 1.408.427 1,708.253 No. l Attount l January 2021 No. 2 Account ijanuary 2021 i.I¢Y3.639 298.788 Add.. Adjustment Profit/llossl on realisatlon of investments Unrealised profit/llos51 on investmènts 188,427 1299,8261 Ending balance at 31 December 1,596,854 1,408,427 Gay and Peter Hartley's Hillards Charitable Trust GAIN/LOSS ON INVESTMENTS- REALISED Realised profit/{loss) FY 2021 PROCEEDS cosr GAINIILOSSI No. l Account Disposals None Acquistion5 None No. 2 Account Dlsposals None Acqui5tions None Reallsed profit/(loss) since date acqulred GAIN/LOSS ON INVESTMENTS- UNREALISED Unreallsed proflt/(loss) in 2021 No. l Account IMV 2021- MV 20201 No. 2 Account IMV 2021- MV 20201 188.427 148,453 39.974 Unrealised proflt/(loss) since date acquired No. l Account IMV 2021- BVI 92.350 No. 2 Accovnt IMV 2021- BVI 116.967 24.618 Gay and Peter Hartley's Hillards Charitable Trust DONATIONS FY 2021 73,018 No. l Account 59,368 No.2 Account 13,650 5tar5eed Learnlng St Gemma's Hospice Chlldren's Heart Surgery Fund The Snowdrop Prolèct Weston Favell Centre Foodbank Holy Trlnlty Church, Idle Jane Tomllnson Appeal Sheffleld YOGA for MEICFS Door 84 Youth and Communlty Centre For8et Me Not Children's Hosplce Cruse Bereavement Care Wakefleld Whlrlwlnd Wheelchalr Basketball Llndsay Lodge Hosplce Snaps Yorkshlre Hope for Tomorrow Westwood 2015 Llmlted Plarform I Chrlst Church Armley Communlty Projett Golf In Socletv The Hut 1,000 1,000 I,orx) i.o(J) Merchant Adventurers, York Age UK- return of donatbon 2020 World Wlldllfe Fund IEA 350 -iooo 500 500 Injured Jockey'5 Fund Hearing Dogs fo¥ the Deaf The Clnammon Trust Thoroughbred Rehabilitation Centre RNIB 500 1,000 soo 51)0 1,000 500 1,000 1,000 500 The RAF Benevolent Fund Zane Can¢er Research Antlblotlc Research GSSFA South Yorkshlre ABF 950 100 1,000 1,000 99Q 1,000 500 500 Walkin8 wlth the wounded CRUK Save the Chlldre Amnesty Internatlonal MAP Mabgate Crlsls Age UK I,￿0 1,000 1,000 1,000 1,000 I,¢X)O 1,000 1,000 1,000 1,200 500 1,000 1,000 1.000 Muslcal Connectlons Safehaven, Rotherham Spencer Conta¢t Rotherham Talkln8 Newspaper Speak with IT The Swan Song Projert Church of the Martyrs, Lelcester The Swan Song Prolect Llve Musl¢ Now Lincoln Trauma Centre Tassibee Project Communlty Sport CIC Mainstay The Prlnce of Wales Hospice St Catherine's Hospice 1,000 1,000 1,000 i.OLK) 1,000 1,000 928 Carriedfgrwurd 34.868 Corriedforward 13,650 Gay and Peter Hartley's Hillards Charitable Trust DONATIONS FY 2021 (Cont'd) No. l Account No. 2 Account 8roughtforw17rd St Martin's Chrurch 34,868 8roughtfonvord 13,650 Trust Leeds Read for GLN)d Reuben's Retreat New Parks Methodlst Church The Butterfiy Trust Kirkwood Hospice Roald Dahl's Marvellous thr1d￿n,$ Charity Restore York Leeds Hospitals Charity St George's Crypt Yorkshire Children's Centre Kidz aub Leed5 Reatt Wakefield District Scout Group The Kid's Aid Foundation Reflect Loncolnshire Youth Mission Focu54Hope Grow Wakefield Hospi St Andrew's Hospice Think Children Children's Bereavement Centre Selfa Totsl 59,368 Totsl 13.650 Gay and Peter Hartley's Hillards Charitable Trust NOTES FY 2021 Unpresented cheques 2021 The following cheques had not been presented as at 31 December 2021 No. l Account The Swan Song Proj&t 110304 New Parks method￿ Church #0316 1,000 1,0 Wakefield Distrirt Scout Group #0326 ncolnshire Youth Mission #0329 I,o(K) Grow #0331 No. 2 Account Trustee's travel expenses- RNU event #190 MAP Mabgate #0191 38 UK #0193 i Unpresented cheques pald after the year end The followng cheques, that had not been presented as at 31 December 2021. have now been paid No. l Account Colnshi￿ Youth Mission 110329 No. 2 Account MAP Mabgate #0191 Age UK #0193 Gay and Peter Hartley's Hlllards Charitable Trust NOTES FY 2021 (Cont'd) Accountancy fees Provision for fees for y.e. 31112121 Salaries & employee expenses Salaries Office expenses Leeds City Council Tax 758 Website maintenance and development costs Rejuvenate Other 954 250 Trustees expenses RNLI Lifeboat launch Yorkshire Funders Forum 1.377 50 Sundry expenses Kirklees Council Grave Maintenance 206 206