DUTON
MOORE
Chartered Accountant5
& Business Advisers
HESSLEWOOD CHILDREN'S TRUST
(HULL SEAMEN'S AND GENERAL ORPHANAGE)
FINAfqcIAL STATEMENTS
FOR THE YEAR ENDED
31" MARCH, 2024
Registered Charity No: 529804
Aldgate House
1-4 Markel Place
Hull HUI IRS
T. 01482 326617
F. 01482 329863
E. enquiries@duttonmoore.co.uk

HESSLEWOOD CHILDREN'S TRUST
(HULL SEAl￿￿N's AND GENERAL ORPHANAGE)
cO￿rENTs
Report of the Management Committee
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
Charitabl¢ Payments

HESSLEWOOD CHILDREN'S TRUST
(HULL SEAMEIY'S AND GEIYERAL ORPHANAGE)
REPORT OF THE MANAGEMENT COMMrrrEE
FOR THE YEAR ENDED 31. MARCH, 2024
Trustees
Prof P Draper
Mrs T. Caley
Mrs G. Munn
Mrs D. Lidgett
Mr D. Turner
Capt. P. Watts
Mrs D. Knox
Mrs P. Glover
Dr D.J. Bowes
Revd G. Turner
Ms L. Davis
Dr C. Woodyatt
(Chairnian)
(Hon. Treasur¢r)
(Died I I" June 2023)
Executive Committee
Prof P Draper
Mrs T. Caley
(Chairnian)
(Hon. Treasurer)
Objectives and Activities
In accordance with th¢ Charity's schemes dated 20 May. 1986 and I l April, 2017, the funds may be applied
for the ￿lIef of those in nced and for the promotion of education.
Beneficiaries of th¢ Sch¢m¢ shall be pcrsons in need. hardship or distress who are ¢ith¢r:
(i)
under the age of 25 and ￿sIdent, or have parent(s) resident in eithcr the fornier county of
Humberside or in the district of Gainsborough or Caistor in Lincolnshire or
are fomier residents of the Hull Seamen's and General Orphanage.
Preference shall be given to beneficiaries who are the children of seamen.
{ii)
In fijrtherance of the aims and objectives the trustees may pay for such items, services or facilities by way of
donations or subscriptions to institutions or organisations which provide or which undertake in return to
provide such items, services or facilities.
The Trustees consider that the risks to which the Charity is exposcd are not of material significance.
Public Benefit
The Trust¢¢s confirni that they have carried out their duties under the Charities Acts.
The Trustees apply the income to a wide range of charitable purposes.
Achievements and Perforniance
During the year the trnstees have made donations totalltng £92,137 (2023 £102.01 l ) to various charitable
causes. They believe that the amounts distributed have been of great benefit to the charities chosen in their
work in the wider comtnunity and to the individuals in necd of relief or education.
Financial Position and Future Activities
The financial positton of the Charity is a strong one with net asscts at 31 March, 2024 amounting to
£3,594,161 (2023 £3,412,063).
Total income during the year amounted to £1 10.111 (2023 £94.806). of which £37,453 (2023 £37,900)
was applied to management expenses of the Charity leaving a balance of £72,658 (2023 - £56,906).

HESSLEWOOD CHILDREN'S TRUST
(HULL SEAMEN'S AIID GENERAL ORPHANAGE)
REPORT OF THE MANAGEMENf COMMrrrEE
FOR THE YEAR ENDED 31°, MARCH, 2024 (coiYfINUED)
Financial Position and Future Activities (continued)
The result for the year is increased by the realis¢d gains on sales of investments £142,472 (2023 - Loss £8,057)
and increased by the unTealiscd gains in the value of invesiments of £59.105 (2023 - Loss £194.405).
The Charity intends to continue implementing its aims and objectives as set down by the governing document
for the forthcoming year.
Trustees, responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees" report and financial statements in accordance
with applicable law and Unitcd Kingdom Accounting Standards (United Kingdom Generally Acceptcd
Accounting Practice).
The law applicable to charities in England and Wales requires the charity trustees to prepare financial
ststements for each year which give a true and fair view of the stste of affairs of the charity and of the
incoming resources and application of resources, of the charity for that period. In preparing the financial
statements, the trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the applicable Charities SORP.
make judgements and estimates that are reasonable and prudent.
state 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 charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy
at any time the financial wsition of the charity and to enable them lo ensure that the financial statements
comply with th¢ Charilics Aci 2011, the applicable Charities (Accounts and Reports) R¢gulations, and th¢
provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking
reasonabl¢ st¢ps for the prevention and detection of fraud and other itT¢gulariti¢s.
Appointment and Training of Trnstees
New trustees are appointed on the recomtnendation of an existing trustee and with the approval of the trustees,
meeting.
All n¢c¢ssary training and guidance is given by the ex￿utiVe committee and the other truste¢s.
The trustees ar¢ not subject to periodic retirement or r¢-¢lection.
Board of Management Trnstees
At the Annual General Meeting a Board of Trustees shall be elected. Additional or alternative appointments
may be madc at an Extraordinary General Mccting.
It shall consist of not less than five members one of whom shall be the Vicar of Hessle for the time
being and one shall bc a representative of Trinity House Hull. The Board shall have the power to CO-
opt mcmbers.
It shall tneet at least twice per year (nornlally March and October). Additional meetings tnay be held.
if needed.

HESSLEWOOD CHILDREN'S TRUST
(HULL SEAMEN'S AkND GENERAL ORPHANAGE)
REPORT OF THE MANAGEMEiYf COMMITfEE
FOR THE YEAR ENDED 31" MARCH, 2024 (CONTINUED)
Policies
The Trustees regard the whole of the income as available to meet the objects of the trust. There is no
intention to build up reserves. In this connection, profits (and 1055es) on the sale of investments are
not regarded as income, howevcr: although the Charity'5 governing documents allow both the income
from investments and the investmcnts th¢mselves to be applied for the aims of the trust, nonetheless
thc trustees consider the investment portfolio to b¢ held in the nature of a singl¢ p¢rnianent endowment.
The investments are actively managed on the advice of stockbrokers with a view to preserving the real
value of the lunds whilst at the same tivne maintaining the income available for charitable purposes.
All donations to be mad¢ are approved at the regular meetings of the trustees.
Charity Registration
The organisation is registered as an unincorporated Charity - No. 529804, was fornied on 20 May, 1986
and is governed by a Charity Commission Scheme of that date. as revised by a further Charity Commission
Scheme effective from I l April, 2017.
Administration
The day to day administration and long terni planning of the organisation is the responsibility of the
principal officers and executive Commitlee.
Trustees
The trustees are listed on pag¢ l of these accounts.
Secretary Correspondence Address and Principal Office
Mrs L. Bullock, 62 The Meadows. Cherry Burton, East Yorkshire, HUI 7 7SD
Stockbrokers
Barclays Wealth Management
Bankers
Barclays Bank PIC
Solicitors
Graham & Rosen, 8 Parliament StreeL Hull, HU12BB
Independent Examiner
A.R. Bullock Esq. Dutton Moore, Chartered Accountants, Aldgate House, l 4 Market Place, Hull,
FIUI IRS
Signed for and on behalf of the trustees
Prof P Draper - Chairn)an
Hull: 7" NovcEnber, 2024

REPORT OF THE INDEPENDENT EXAMtNER TO THE TRUSTEES OF
li
li
HESSLEWOOD CHtLDREN'S TRUST (HULL SEAl￿EN's AND GENERAL ORPHANAGE)
ON THE AccouNfs FOR THE YEAR ENDED 31" MARCH. 2024
CHARITY NUMBER 529804
I report on the accounts of the charity for the year ended 31. March. 2024 which arc set out on pages 5 to 9.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The Ch￿Ity'S trustees consider that
an audit is not required for this year under the Charities Act 2011 ('fthe Charities Act") and that an independent
examination is needed.
It is my responsibility to:
examine the accounts under the Charities Act.
to follow the procedures laid down in the General Directions given by the Charity Commission" and
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the
accounts presented with those records. It also includes consideration of any unusual items or disclosures in thc
accounts, and the seeking of explanations from the trustees concerning any such matters. The procedures
undertak¢n do not provide all th¢ cvidcnce that would be required in an audit and, ¢onswucntly no opinion is
given as to whether the accounts present a 'true and fair view, and the report is limited to those matter set out
in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
which gives me reasonable cause to believe that. in any material respecL the requirements:
to keep accounting records in accordance with the Chariti¢s Act" and
to prepare accounts which accord with the accounting records and to comply with the
accounting requirements of th¢ Charities Act
have not been met.
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
A.R. Bullock FCA
Indep¢nd¢nt Examiner
Dutton Moore
Aldgatc House
1-4 Markct Place
Hull
HUI IRS
Dated.. 7 November. 2024

HESSLEWOOD CHILDREN'S TRUST
(HULL SEAMEN'S AND GENERAL ORPHANAGE)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 315t MARCH. 2024
Note
2024
2023
Incoming resources
Income and endowments
Investment income
Donations
Bank deposit interest
Legacy
101.043
20
1,206
7,842
94,605
201
Total incoming resources
£iio.111
£94,806
Resources expended
Direct charitable expenditure
Charitable payments (page 9)
92,137
102,011
Investment management costs
Stockbroker's fees
23.756
23,281
Governance costs
Meeting expenses
Secretarial expenses
Accountancy
Sundry expenses
History loo exhibition
Insurance
Brochures
81
9.000
3,450
63
125
7,500
3,450
71
3.233
240
248
855
13,697
14,619
Total resources expellded
£129.590
£139,911
Net deficit before investment gains
(19,479)
(45,105)
Gains/(Losses) on investment assets
during the year
Realised
Unrealised
142,472
59,105
(8,057)
(194,405)
201,577
(202,462)
Net movement in fund
182,098
(247,567)
Total unrestricted funds brought forward
at I, April, 2023
3,412,063
3,659,630
Total unrestricted funds carried forward
st
at 31 March, 2024
£3,594,161
£3,412,063

HESSLEWOOD CHILDREN'S TRUST
(HULL SEAMEN'S AND GENERAL ORPHANAGE)
BALANCE SHEET- 31" MARCH, 2024
Note
2024
2023
Fixed assets
Listed investments
3,385,040
3,204,717
Current assets
Balances with bankers
Cash with stockbrokers
148,558
70,069
144,281
72,444
£218.627
£216,725
Current liabilities
Creditors
£9,506
£9,379
Net current assets
209,121
207,346
Net assets
£3,594,161
£3,412,063
Representing
Unrestricted
Main fund
3,594,161
3,412,063
Per page 5
£3,594,161
£3,412,063
Signed for and on behalf of the trustees
c+-kn
Prof P Draper - Chainnan
Hull: 7 November, 2024

HESSLEWOOD CHILDREN'S TRUST
(HULL SEAMEN'S AND GENERAL ORPHAIYAGE)
NOTES ON THE FINANCIAL STATEMENrs
FOR THE YEAR ENDED 31st MARCH, 2024
Principal Accounting Polic1￿=_
Basis of accounting
These accounts have been prepared under the historical cost convention with items rccognised at cost
or transaction value unless otherwise stated in the relevant notes to these accounts.
The accounts have been prepared in accordance with the Statement of Recommended Practice:
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July, 2014
and with the Charities Act 2011.
The charity constitutes a public benefIt entity as defined by FRS 102.
Investment income
DÈvidends received and bank interest are accounted for when receivable by the Charity.
Charitable payments
Charitable payments are accounted for when approved by the trustees.
Other ineome and expenditure costs are accounted for on an accruals basis. Due to the nature and
structure of the Charity, there are no support costs and all payments other than charitabl¢ paymcnts
are regarded as being related to the governance of the Charity.
Taxation
As a registered Charity, the Charity is exempt from income tax and capital gains tax.
Investments held as fixed assets are valued at their mid-market value by the Trusts, stockbrokers.
Movements in their value during the year hav¢ bccn adjusted through the Statement of Financial
Activities in accordance with the Statement of Recommended Practice.
Going concern
The going conc¢m basis of accountÈng has been used in view of the financial strength of the charity.
Investments
2024
2023
Quotcd investments at market value
£3,385,040 £3,204,717
Historical cost
£2,950,236
£2,829,018
Although the Charity's goveming documents allow both the income from investments and the
investments themselves to be applied for the aims of the trusL nonetheless the trustees consider the
investment portfolio to be held in the nature of a pemianent endowment.

HESSLEWOOD CHtLDREN'S TRUST
(HULL SEAMEN'S AND GENERAL ORPHANAGE)
NOTES OIY THE FINANCIAL STATEMENTS
FOR THE YEIIR ENDED 315t MARCH, 2024 (CONTINUED)
Income
All of the income generated is used for the purpose of meeting the objects of the Trust. None of the
expenditure relates to the raising of funds.
Creditors
2024
2023
Accountancy
Stockbrokers
3,450
6.056
3,450
5,929
£9,506
£9,379

HESSLEWOOD CHILDREN'S TRUST
(HULL SEAMEN'S AND GENERAL ORPHANAGE)
CHARITABLE PAYMENTS
31" MARCH, 2024
For Education:
Cat Zero
Clifton Primary School
Douglas Bader Foundation
Family Holiday Charity
Fulfill My Wish
Happy Days
Holy Trinity PCC
Hull Womens Aid
INTO University Bridlington
Kids Yorkshire
Kings Mill School
New Life
North Ferriby Riding for the Disabled
Panthlon Foundation
Pelican Park
Read for Good
St. Andrews Hospice
St. Cuthberts
The Police Community Clubs
University of Hull
Whizz Kids
Young Archaeology Club
2,000
500
1,000
1,000
1,000
4.000
4,000
1,500
10.000
1,000
10,920
1,000
2,500
1,400
9,354
2.000
3.000
750
2,000
15,000
1,000
400
75,324
Payments to or on behalf of specific individuals:
For education
For relief in need
16,813
16,813
£92,137