Gay & Peter Hartley's Hillards Charitable Trust Trustees, Annual Report Reporting Period 1st January 2024 to 31st December 2024 Name of Trust Gay & Peter Hartley's Hillards Charitable Trust Registered Charity number 327879 Address c/0 The Green House, 400 Shadwell Lane. Leeds L517 8AW Contart Helena A Wyles, Secretary to the Trustees Website www.hillardstrust.o President R C Hartley MBE, DL Trustees Sir Norman Bettison QPM, MA, MBA (Chair) Peter A H Hartley CBE Simon R H Hartley MRICS Susan J H Hartley BA. MBA George S H Hartley Oscar P H Hartley Bsc Matthew H H Hartley MA (Honsl Investment Managers M&G plc, 10 Fenchurch Avenue, London EC3M SAG Bankers Handelsbanken. Lawnswood Business Park, 1st Floor Gladstone House. Redvers Close. Leeds LS16 6QY Independent Examiner Mr. Keith Horsley Governing Document Trust Deed dated 02.07.1988 Constitution Unincorporated Association Power to Appoint Trustees Peter A H Hartley CBE (Settlor) R C Hartley MBE, DL (Settlor) The Trust Deed stipulates a minimum of 3 Trustees and a maximum of 7 Trainlng of trustees The Settlors write to new trustee5 Outlining the history and objectives of the trust. The new trustee is provided with a pdf copy of the Charities Commission document outliningthe responsibilities and duties of trustees. Manasement The day to day business of the Trust 15 managed by the Secretary to the Trustees. The trustees meet at least twice a year to review applications. Custodlan Trustee The Trustees do not act as Custodian trustees
Objectives Founded by Gay and Peter Hartley in 1988, Gay & Peter Hartley's Hillards Charitable Trust is a Leeds based charitable organisation that makes grants to local charities in 11 counties in North and Central England. Hillards was a family grocery business founded by John Wesley Hillard in 1885. John Wesley was the grandfather of the Trust's Co-founder Peter Hartley. Hillards traded for 102 years until 1987. In 1972 it becarne a public limited company trading on the London Stock Exchange. In 1987, after a fiercely contested battle. Hillards was taken over through one of the first hostile tske-over bids in the UK. At that time, Hillards plc employed more than 7,500 people across 40 supermarkets in 40 towns. Based on the public-spirited value5 of the companTrls founding family, the Trust's mission is to support social welfare opportunities in the towns once served by Hillards stores. The Trust makes grants to independent, Ioc21, non-profft. voluntary and community based charitable organisations that share the Trust'5 vision of enhancing social support in those communities. The Trust seeks to make grants specifically in 15 towns in West Yorkshire, 6 in South Yorkshi, 5 in Lancashire, 4 in North Yorkshire, 4 in Lincolnshire, 3 in Nottingharnshire. 3 in Derbyshire and 2 in Northamptonshire. The Trust.-.-_ also makes grants in Peterborough. Brownhills and LeISter. The Trust operates a website through which potential applications tan be quickly checked for elgibility in accordance with the Trust's guidelines and restrictions. Summary of activftles FY 2024 Gay & Peter Hartley's Hillards Charitable Trust made 90 grants during the year with a total value of £84,798. Income was £92,351. There were no 'special' donations in 2024. Publlc benefft5 In managingthe assets of the Trnst and in making donations for the year ended 31st December 2024. the Trustees have complied with their duty to have due regard to the guidance on public benefwt published by the Charity Commission.
Flnancial Review As at 31st December 2024 the Trust's assets were £1,592,352. The Trust has no reserves. As it is forseen that the Trust's assets will always Significantly exceed its liabiltt&es. there is no policy on holding reserves. However. the trustees aim to distribute net income arising in a Calendar year in which it was generated. Income that is not distributed in any one year is retained as income to be distributed in future years. Declaration The Trustees declare that they have approved the Trustees. Report 3S presented above as well as the Accounts and that this report is signed on their behalf. Signature Position Chair Name Sir Norman Bettison QPM. MA, MBA Date
Gay & Peter Hartlevs HILLARDS Charitable Trust FY 2024 ACCOUNTS 27 February 2025 Page I
Gay and Peter Hartlevs Hillards Charftable Trust INCOME STATEMENT FY 2024 2024 2023 Total Income 92.351 87,733 Investment Income 92.351 87,733 69,121 No. l Account 72.760 No. 2 Account 19.591 18,612 Bank Interest No. l Account No. 2 Account Other Income None Deduct Total Expenses & Grants 86,940 78,691 Deduct - Administrative expenses (notes +8) Salary & other employee costs Inspection & actountsncy Offlce 4,142 5,241 1,584 1,452 450 974 1.749 Website development 1.134 Trustees expenses Sundry expenses Dedurt- Grants 82.798 73.450 No. l Account 64,548 20.250 43,480 32.470 No. 2 Account Unpresented cheque5 more than one year (Ad (2.C(Ql -2,500 Surplus/(deticit) income 5,411 9,042 Page 3
Gay and Peter Hartley's Hillards Charitable Trust GAIN/LOSS ON INVESTMENTS - REALISED Realised profit/(loss) FY 2024 PROCEEDS cosr GAIN/ILOSS) No. l Account Disposals None Acqui5tions None No. 2 Account Disposals None Acqutstions None Realised protit/(loss) since date acquired GAIN/LOSS ON INVESTMENTS - UNREALISED Unrealised profit/(loss) in 2024 No. l Account IMV 2024_ MV 2023) No. 2 Account IMV 2024- MV 2023} 38,387 30.244 8.143 Unrealised protit/(loss) since date acquired No. l Account (MV 2024- BV) 24,603 No. 2 Account (MV 2024- BV) 30,977 6.375 Page 5
Gay and Peter Hartley's Hillards Charltable Trust DONATIONS FY 2024 (Cont'd) No. l Account No. 2 Account Brought fOard Lollipop York and District Family Matters. York BCCS A55i5t LCH Charity Turning Point. Brighouse Brighouse Central Food Bank Read for Good Cartwheel Youth and Community Centre SNaP Youth Reflect The B05ton Men's Shed Spencer Contact Sunshine and Smiles PHAB Club, Leeds The fin Hat Centre Uniform Exchange Friends of Silsden Town Hall Kidz Klub. Leeds Ocean Youth Trust, Leeds The Wave Projert Into University, Grimsby Rotherham Talking Newspaper Fight Against Blindness The Sick Children's Trust Kirkwood Hospice Bickershaw Craft and Chat Club The Friendship Cirde. Leeds Aphasia Support Loros Hospice My Life Children's Heart Federation Martin House Children's Hospice Brought forward 20.250 250 250 Totsl 64.548 Totsl 20250 Page 7
Gay and Peter Hartley's Hillards Charitable Trust NOTES FY 2024 (Cont'd) Total - Note5 4 to 8 4,142 Accountancy fees Provision for fees for y.e. 3U12124 450 Salaries & employee expenses Salaries 1.584 Office expenses Leeds City Council Tax Trustee's Zoom subscription 818 156 Website maintenance and development costs Rejuvenate 1,134 Sundry expenses None Page 9
Gay and Peter Hartws H411ardsChwltalkTrnst INCOME/DISTRIBLrrioN CALCULATOR FY 2024 (£) No. 2 ACCOUNT As of 31 December 2024 Cumulative Balance OPENING BALANCE Undi5tr¥lxrted IncowE all priorsrS 01-01-24 9.147 9.147 DEDUCT Pro$$f knvmvUnkr exper5 9.147 u[Down expdistrIYr10nfflOat Olfice of Setretary Accountancy Webslte n3ainterwKe Cheque y.e. 3J11¥23 not we5Wrt ADD/DEDucf QUARTERLY CASHFLOW oi DNidend 29Q2-24 2.939 ,086 9.018 DlstrlbutwjaNI extye. 3J103124 Divldend 31-05-24 14.351 8.701 5.650 Q3 Dlder 4.462 13,163 11.663 Distrlbutions and expws q.e. /24 LSC DNidend 13-12-24 6.857 18,520 7,670 Di5tribuiiots*yl expere. 31112124 10.8Y) CLOSING BALANCE Net Vndlstibuted Income at 31 December 2024 7,670 Charifund dividend schedule •Charifvnd unltshEkl by 2Accourt 2L769 29 Februarylnterim 31 May Interirn 31 August interirn IS December Fs 135 2.939 0.245 5a33 0.205 4.462 0.315 6A57 eli
Independent Examiner's Report Report to the Trustees of Gay & Peter Hartley's Hillards Charitable Trust On accounts for year ended 31.12.2024 Registered Charity No. 237879 I report to the trustees on my examination of the accounts of the above charity ("the Trusv,) for the year ended 31-12-2024. Responsibilities and basis of As the charity's trustees, you are responsible for the preparation of the report accounts in accordan with the requirements of the Charities Act 2011 { the Acv). I report in respert 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 D1ctionS given by the Charity Commission under section 145(5)(bl of the Act. Independent Examiner's Report I have completed my examination. I confimi that no material matters 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 Act; or the accounts did not accord with the accounting records," or the accounts did not comply with the applicable requirements concerning the fomi and content of accounts set out in the Charities {Accounts and Reports} Regulations 2(X18 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 matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed Date 27-Feb-25 Name Keith Horsley Address 98 Green Lane, Cookridge. Leeds LS16 7HF