Charity number: 802022
WH & A Hawkins Charitable Trust
Unaudited
Trustees. report and financial statements
For the year ended 31 March 2024

WH & A Hawkins Charitable Trust
Contents
Page
Reference and administralive detalls of the Charlty, Its Trust88s and advlsers
Trustees, report
Independent examlnor's report
Statement of flnanclal actlvltles
Balance sheet
Notes to the financlal statements
10-17

WH & A Hawkins Charitable Trust
Reference and administrative details of the Charity. its Trustees and advisers
For the year ended 31 March 2024
Trustees
M H Vaughan, Trustee
R l McGregor, Trustee
S J C Ratcliffe, Trustee
D H Berry, Trustee
Charlty reglstered
number
802022
Principal office
Kreston Reeves LLP
37 St Margaret's Street
Canterbury
Kent
CT12TU
Bankers
HSBC Bank plc
115 Week Street
Maidstone
Kent
ME14 1QW
Sollcltors
Whitehead Monckton Limited
5 Eclipse Park
Siltingbourne Road
Maidstone
Kent
ME14 3EN
Page 1

WH & A Hawkins Charltable Trust
Trustees, report
For the year ended 31 March 2024
The Trustees present their annual report together with the financial statements of the Charity for the year 1 April
2023 to 31 March 2024.
Objectlves and activities
a. Pollcles and objectlves
The Charity was established by William Henry Hawkins and Annette Hawkins to provide a source of funding for
other charitable institulions. Under the terms of the deed, Trustees have absolute discretion to make donations
to such charitable organisations that they see fit.
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities and
setting the grant making policy for the year.
The Charity carries out these objects by funding charitable and other non-profrt making organisations which meet
the Trustees. criteria for support. In doing so Ihey principally support charities working in the following fields,
although support is not restricted to these areas..
Health and medical research
Hospices
Support for the UK'$ armed forces
The environment
Children and young people
The Trustees aim to favour organisations within the locality of Hartlip near Sittin9bourne along with others
operating lo support the people of Kent. In addition the Charity makes donalions lo a number of prominent
national charities.
In setting objectives and planning for activities, the Trustees have given due consideialion to general guidance
published by the Charity Commission relating lo public benefit. including the guidance 'Public benefrt.- running a
charity (PB2)'.
Achlevements and perforniance
a. Revlew of actlvltles
During the year the Charitable Trust made unrestricted grants to 34 charities and other not for profit
organisations with various purposes in lin8 with Trustees, objectives detailed above. These were to both national
and local charities. The Trustees are confident that their grantmaking policy of supporting a wide range of
charitable and other non-profit making causes which seek to make a posilive contribution to society, and in
particular the county of Kent, is such so as to demonstrate compliance with the public benefit obligations of the
charity.
Note 4 to the fi'nancial statements provides details of those organisations that the Charity has supported during
the year.
b. Investment policy and perfornianco
The Charrtvs funds are invested in a range of blue chip investments with Ihe aim of minimising financial risk
whilst at the same time achieving a desired rate of return. Investment performance is reviewed regularly by the
Trustees. This has been achieved through investment via professionally managed charity funds.
Page 2

WH & A Hawkins Charitable Trust
Trustees. report {continuedl
For the year ended 31 March 2024
Flnancial review
a. Golng concern
The Trustees are aware the Charitrfs investments due to the market volalility caused by geowpolitical issues
including the wars in the Ukraine and the Middle Easl and the upcomig US election. At this stage it is unclear
how long the uncertain outlook for the global economy will last. However, the Trustees are confident that the
long-tem focus of the professionally managed charity funds, in which the Charity's investments are held, will
minimise the impact on the Charity.
The Trustees have a reasonable expectation thal the Charity has adequate resources to continue in operational
existence for the foreseeable fulure. For this reason, they continue to adopt the going concern basis in preparing
the financial statements. Further details regarding the adoption of the going concern basis can be found in the
accounting policies below.
b. Reserves policy
The Trustees broadly aim lo match the level of donations made to the amount of investment income receivable
each year, whilst maintaining the value of investments under their control such that the Charity will be able to
continue to make a constant level of donations each year for the foreseeable future. The Charitls committed
obligations are minimal, and has sufficient funds to be able to meet these without affecting the amount of
charitable donations it is able to make. The balance held as unrestricted funds at 31 March 2024 was £3,288,818
(2023.. £3,210,649) which is regarded as free reservès.
It is the Trustees. inlention to reserve a small balance of income, partly to offset the possible fall in investment
income, and to enable them to continue their policy of responding lo appeals for signrficant support where
appropriale, the timing of which is unpredictable.
c. Principal funding
The Charity is relianl on its investment income to ensure it can maintain the currenl level of charitable donations
made without need to reduce the level of capital retained by the Charity. The Charrty does not undertake any
fundraising activity.
Structure, governance and management
a. Constltution
The Charity's governing documenl is the Trust deed dated 29 January 1989 together with subsequent
amendments.
b. Methods of appolntment or electlon of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the
terms of the Trust deed.
c. Organlsatlonal structure and declslon-making policies
The Trustees hold meetings three times a year, or more often as necessary. to agree on the donations to be
made during the period and to review investment performance. Decisions are made jointly by all Trustees.
Page 3

WH & A Hawkins Charltable Trust
Trustees. report Icontinued}
For the year ended 31 March 2024
Structure, governance and management (continued)
d. Financlal rlsk management
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the
operations and finances of the Charity, and are satisfied that systems and procedures are in place to mrtigate
exposure to the major risks.
Plans for future perSods
The Trustees hope to continue making grants at a similar level to local and national Charities lo aid their work.
statement of Twstees. responslbllltles
The Trustees are responsible for preparing the Trustees, report and the financial slatements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable lo charities in England & Wales requires the Trustees to prepare financial statements for
each financial year which give a true and fair view of the slate of affairs of the Charily and of its incoming
resources and application of resources, including its Income and expenditure, for that period. In preparing these
financial slatements, the Trustees are required to..
8ele¢t suitable accounting policies and then apply them consistently.,
observe the method5 and principles of the Charities SORP (FRS 1021.,
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards IFRS 1021 have been followed. subjecl 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 adequate accounting records that are sufficient to show and explain
Ihe Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity
and enable them lo ensure that the financial statements comply with the Charities Act 2011, the Charity
{Accounts and Reports) Regulations 2008 and the provisions of the 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 irregularities.
App
ved b order of the members of the board of Trustees and signed on their behalf by:
DHBerry
Trustee
Date. Ili(
2&
Page 4

## **WH & A Hawkins Charitable Trust** 

## **Independent examiner's report** 

**For the year ended 31 March 2024** 

## **Independent examiner's report to the Trustees of WH & A Hawkins Charitable Trust ('the Charity')** 

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2024. 

## **Responsibilities and basis of report** 

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). 

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. 

Page 5 



**WH & A Hawkins Charitable Trust** 

## **Independent examiner's report (continued) For the year ended 31 March 2024** 

## **Independent examiner's statement** 

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: 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 (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. 

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' 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. 

## **Disclosure section** 

During the year Kreston Reeves LLP has provided bookkeeping services to the Charity. As a consequence of the provision of these services your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. 

I can conirm that in completing my examination I have applied the requirements of the Financial Reporting Council's Ethical Standard in order to ensure my objectivity and independence. 

Page 6 



**WH & A Hawkins Charitable Trust** 

## **Independent examiner's report (continued) For the year ended 31 March 2024** 

## **Use of my report** 

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report. 

Signed: Dated: 18 September 2024 

Samantha Rouse FCCA DChA 

Kreston Reeves LLP Chartered Accountants 

Page 7 



WH & A Hawkins Charitable Trust
Statement of financial activities
For the year ended 31 March 2024
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Investments
152,836
152,836
140,096
Total income
152,836
1 $2,836
140,096
Expenditure on:
Charitable activities
109,733
109,733
141,675
Total expendlture
109,733
109,733
141,675
Net gainsl(losses} on investments
35,066
35,066
{167,811)
Net movement In funds
78,169
78,169
1169.390}
Reconclllatlon of funds:
Total funds brought forward
Net movement in funds
3,210,649
78,169
3,210,649
78,169
3,380,039
1169,390)
Total funds carrled forward
3,288,818
3,288,818
3,210.649
The Slatemenl of financial activities includes all gains and losses iecognised in the year.
The notes on pages 10 to 17 form part of these financial statements.
Page 8

WH & A Hawkins Charitable Trust
Balance sheet
As at 31 March 2024
2024
2023
Note
Flxed assets
Investment5
3,159,705
3,086,096
3,169,705
3,086,096
Current assets
Cash al bank and in hand
132,713
126,153
132,713
126,153
Creditors.. amounts falling due within one
year
(3,6001
(1,600)
Net current assets
129,113
124,553
Total net assets
3,288,818
3,210,649
Charlty funds
Restricted funds
Unrestricted funds
10
3,288,818
3,210,649
Total funds
3,288,818
3,210,649
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
DHBerry
Trustee
The notes on pages 10 lo 17 fomi part of these financial statemenls.
Page 9

WH & A Hawkins Charitable Trust
Notes to the financial statements
For the year ended 31 March 2024
General Information
WH & A Hawkins Charitable Trust is an unincorporated Charity operating in England and Wales. The
address of the registered office is 37 St. Margaret's Street, Canterbury, Kent, CT1 2TU. Details of the
principal activities are included in the Trustees ' Report.
Accountlng pollcles
2.1 Basis of preparatlon of flnancial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 1021
Accounting and Reporting by Charities.. Statement of Recommended PractlC8 applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 1021 (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair, view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fair. view. This departure has involved following the Charities SORP IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
WH & A Hawkins Charitable Trust meets the definition of a public benefit entity under FRS 102.
Assels and liabilities are initially recognised at historical cost or transaction value unless othe￿ise
staled in the relevant accounting policy.
2.2 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Investment income, gains and losses are allocated to the appropriate fund.
2.3 Golng concern
The Trustees consider whether the use of going concern is appropriate i.e. whether there are any
material uncertainties related to events or conditions that may cast significant doubt on the ability of
the Charity to continue as a going concern. The Trustees make this assessment in respect of a
period of at least one year from the date of authorisation for issue of the financial statements and
have concluded that the Charity has adequate resources lo continue in operational existence for the
foreseeable future and there are no material uncertainties about the Charity's ability to c
tinue as a
going concern, Ihus they continue to adopt the going concern basis of accounting in pre
aring the
financial slatements.
2.4 Investments
Fixed asset investments are a form of financial instrL5ment and are initially recognised at their
transaction value and subsequently measured at fair value at the balance sheet dale using the
closing quoted market price. Investment gains and losses. whether realised or unrealised. are
combined and shown in the heading 'net gainsl (losses) on investments, in the statement of financial
activities.
Investment valuations are obtained by Trustees from the infomation provided by the investment
managers. The Trustees utilise closing quoted market price infomiation available at the balance
sheet date.
Page 10

WH & A Hawklns Charitable Trust
Notes to the flnanclal statements
For the year ended 31 March 2024
Accounting policies Icontlnuedl
2.5 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to investment income is recognised at the tim8 the investment
income is receivable.
2.6 Interest recelvable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Charity., this is normally upon notificalion of th8 interest paid or payable by the
institution with whom the funds are deposited.
2.7 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs altributable to a single activity are allocated directly
to that activity. Shared costs which conlribute to more than one activity and support costs which are
not attributable to a single activity are apportioned be￿een those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
Grants payable are charged in the year when the offer is made excepl in those cases where the offer
is conditional, such grants being recognised as expenditure when the conditions attachin9 are
fulfilled. Grants offered Subject to conditions which have not been met at the year end are noted as a
commilment, but not accrued a5 expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.8 Cash at bank and In hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.9 Liabllftles and provlslons
Liabilities are recognised when there is an obligation al the Balance sheet dale as a result of a past
event, il is probable thal a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that Ihe Charily anticipales it will pay lo settle the debt or the
amount it has received as advanced payments for the goods 01 services it must provide.
Provisions are measured at the best estimate of Ihe amounts required to settle the obligation. Where
the effect of the time value of money is material, the provision is based on the present value of those
amounts. discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Stalement of financial activrties as a finance cost.
Page11

WH & A Hawkins Charitable Trust
Notes to the financial statements
For the year ended 31 March 2024
Accountlng policies (continued
2.10 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their seltlement value wilh the exception of bank loans which are subsequently
measured at amortised cost using the effective interest method.
Investment incom•
Unrestrlcted
funds
2024
Total
funds
2024
Total
funds
2023
Investment income- listed investments
Bank interest received
149,830
3,006
149,830
3,006
138,572
1,524
152,836
152,836
140,096
Pa9e 12

WH & A Hawklns Charitable Trust
Notes to the financial statements
For the year ended 31 March 2024
Grants payable
During the year the Charity made the following significant unreslricted grants..
2024
Alzheimer's Society
Blackthorn Trust
Britlsh Hedgehog Preservation Society
CXK Limited
Demelza House
Ellenor
Fifth Trust
Hartlip Parochial Church Council
Hartlip Methodist Church
Heart of Kent Hospice
Kent Association for the Blind
Kent Surrey Suss8x Air Ambulance
Kent Wildlife Trust
MS Trust
Pilgrims Hospice
Princes Trust Fairbridge
Royal British Legion
SSAFA
We are Beams
Wisdom Hospice
Young Lives Foundation
Other Grants of £1000 or less
5,000
2,000
3,000
4,000
10,000
5,000
1,$00
5,000
2,000
8,000
4,000
2,500
5,000
3,000
5,000
2,000
6,000
3,000
2,500
10,500
4,000
12,750
104,750
Govemance costs
2024
2023
Accountancy costs
Bank charges
Computer costs
4,800
65
118
4,660
115
4,983
4,775
Accountancy fees comprise of £1.080 in repsect of the independent examination of the financial
statements and £3,720 in respect of other services provided.
Page 13

WH & A Hawkins Charitabl8 Trust
Notes to the financlal statements
For the year ended 31 March 2024
Trustees, remuneratlon and expenses
During the year, no Trustees received any remuneration or other benefits12023 - £NIL).
During the year ended 31 March 2024, no Trustee expenses have been incurred {2023- £NIL).
Flxed asset Investments
Listed
Investments
Cost or valuation
At 1 April 2023
Additions
Revaluations
3,086,096
38,543
35,066
At 31 March 2024
3,159,705
Net book value
At 31 March 2024
3,169,705
At 31 March 2023
3,086,096
2024
2023
Material Investments
M&G Charifund Accumulation
M&G Charifund Equity
M&G Charibond Fixed Interest
SUTL Cazenove Charity Bond Z Income
SUTL Cazenove Charity Equity Value Fund Z Income
SUTL Cazenove Charity Sustainable Mulli-Asset Fund Z Income
SUTL Cazenove Charity Equity Income Fund Z Income
735,270
641,150
300,322
704,963
653,078
299,125
45,872
672,849
524,254
185,955
693,782
599,253
189,928
3,159,705
3,086,096
Creditors: Amounts falling due within one year
2024
2023
Accruals
3,600
1,600
Page 14

WH & A Hawklns Charitsbl8 Trust
Notes to the financial statements
For the year ended 31 March 2024
Financial instruments
2024
2023
Flnancial assets
Financial assets measured at fair value through income and expenditure
3,1 $9,705
3,086,096
Financial assets measured at fair value through comprise listed investments. These have been measured
at the year end price as quoted bythe investment manager.
10. Statement of funds
Statement of funds - current year
Balance at
31 March
2024
Balance at 1
Aprll 2023
Galnsl
(Losses)
Income Expendltur•
Unrestrlcted funds
Capital fund
Income fund
3,138,539
72,110
35,066
3,173,605
115,213
152,836
1109,733
3,210,649
152,836
1109,733)
35,066
3,288,818
Statement of funds - prlor year
Balance at
31 March
2023
Balance at
1 April 2022
Gainsl
(Losses)
Income Expenditure
Unrestrlcted funds
Capilal fund
Income fund
3,306,350
73.689
(167,811) 3,138,539
72,110
140,096
(141,675)
3.380,039
140,096
(141,675)
(167,811) 3,210.649
Page 15

WH & A Hawkins Charitable Trust
Notes to the financial statements
For the year ended 31 March 2024
11.
Summary of funds
Summary of funds - current year
Balance at
31 March
2024
Balance at 1
Aprll 2023
Gainsl
{Losses)
Income Expendlture
General funds
3,210,649
152,836
1109,733
35,066
3,288,818
Summary of funds - prior year
Balance at
31 March
2023
Balance at
1 April 2022
Gainsl
{Losses)
Income Expenditure
General funds
3.380.039
140.096
(141.675}
1167.811)
3.210.649
12. Analysis of net assots betwaan funds
Analysls of net assets between funds - current perlod
Unrestrlcted
funds
2024
Total
funds
2024
Fixed asset investments
Current assets
Creditors due within one year
3,159,705
132,713
(3,600)
3,159,705
132,713
(3,600)
Total
3,288.818
3,288,818
Analysls of net assets between funds - prlor perlod
Unrestricted
funds
2023
Total
funds
2023
Fixed asset investments
Current assets
Creditors due within one year
3,086,096
126,153
(1,600)
3,086,096
126,153
{1 ,600)
Total
3,210,649
3.210.649
Page 16

WH & A Hawkins Charltable Trust
Notes to the flnanclal statements
For the year ended 31 March 2024
13. Related party transactlong
The Charity has not entered into any related party transaction during the year, nor are there any
outstanding balances owing belween related parties and the Charity at 31 March 2024.
14. Controlling party
The Charity is conlrolled by the Trustees as outlined in the Trust Deed.
Page 17