The Hampton Settlement
'I'rustees' report for the vear ended 31 December 2023
rh¢ TruNIILS Ibl. Ille .1 ru%t suhmii IIiLir Ji)nual rcpon and Illi unaudiied financial %lJlim¢ni% for ihL LndLd
I tk£emb¢r
?o!-, riiL I rii%l¢L% il)nlJrm IhJi Ihe ilrtiiual report Jnd liiianLiAI iaiemeni% ol. Il)L chariiv comply w Iih Ihl curreni >iaiuior)
r¢quiTeinenl%. Ihl r&wuirem¢ni% vl. IhL Lharii>' % goieniingi dlxument and thL PIO% l.%ivI)% ol. the SiaiLmLni ol. Recomm¢nd¢d
PraciiiL1S1)l1 h1¢h IN r('Lu¥ni>¢d ay haviiig
chariiabl¢' ohiLcII%L'% I'hil Tru1 bbuierned an41 manabpk'd h%. a ("ommiTi¢e ol-'I ru%ie¢% In acrordanre lIh Ihe frus1 Deld.
Rlsk managemtnl
hc I ruilLiTh liaic i)%'Lrall Ti%pun%ihilily lor cnsuringi iliiil i1iL .1 ru%1 has in plaLL JpproprialL %lL'in i)I' Lvnlruls. linanLidl JIMI
Ili¥ I rii%i 1% ui)¢r3iiiibP L IIiLiL'iiily etT¢(ii% 41y.'
11% JiLl% e¥ardLY1 4ibidiii%l unauihoriicd u%. i)r di%po%ilivii'.
priiplf fiiufLl4 are niai11147111l(I dnd liniincial Inli)rinaii%)ii uxbd M'iihiii IliL' I ru%t or lor iiul)1ILJliuii 1% rLlidbl¢.
IhL I tul' %>il¢ln ol. IiiiJiiil.I1 Lolltrol ar& dLibDiiiiI 10 PTO% ide rea7bIL. liui Iiui ab%olulL' Ii%uianLe abiainli IndiLriJl
l)e IDajiTrr wi%k%. li> %4 hich lh¢ I I'ut IN 4'I1)veJ. a* idLiilifii.d b% tIIL -1 ru%lLl%. Ii&ll L h¢¥n rLi I¢ ed a11414)'%lLlll% hai'e h¢rii
Objcctiyes and acsiviliesl public benefit itsl
-he l4ainpli)ii %¢iil¢mi'ni exi%t% Ici maiiiiain a Tru%1 Funil lor Ilie henelit ol'thL hLnL fieiarie4. The hLYILliciarie% are i oluniJr
ouih M'ork i)rgTal)iiltion ihai In&LI Lirlain criieria Ji)d liaiL IihJeLli%-ei regardiiibl Ihi hLlp and ¢duL.Llti)ii ol. yuuii¥ PLople 111
rthLm IrL Idiid Iiriindril).. hul Tli?1 L iIIu%l¥Ll¥. Ihrvugh IliL'ir li i%urL' aciis IilL% lIh.7 i ieii io Ihv dci LlopmL'iit of Iheir
ph>'si¢al. iiilnidl ;Iiid lpifiiuiil Ldi)JL IIiL'4. I hc direLi l)eiii lili M liieh llom Irvin Illi I lJmpion SciilcmLni iiiclu(IL improviiigi ihL
ph>'%icJI. IllLlll411 aiiil %pirilual capiil)ililiL4 1)I' yaiing PLiTrplc 111 N(Inhem Ircldii(l il)riiiJ&li ¢ducatiOll XT%'lii%. durin¥ leiNuri
pur5Uii4.
Achlei'ements aiid performance
'rhc Tru%1 l.uiid111 h¢eii held iii a Iixld iniert'%t dep()Xll .'ILLiiilliI while Ihi I ruNILLs d¢¢ide on thc hL'%l Iiii-L'%lmenl oplivii% liir
the luiurL c>l-IliL I'rusl l und iluririb IU?.l. I hL Ilampl(Jii %iltlLinLnl has beLn li?iikiiib IDr opporluiiiiii.4 iluriiig the j'vdr 10 hc.li
Duriny IhL t%¥'LIIL iiioiiih period Lll(ILII I I DLcemhLr ?O?I IliL. I'rii41 hi¢ il lil't Iriii)Iniiibi reyourLe% ol- L7 1) I fi i ?0??: £?.¢>Q71
Flnancial rci, j¢ii'
'Ihe nLt 11)L4)iiiii)g? rL%I)ure¢% li)r ilic VLJT am()uni¢d i() jl l) l {). L()InpaTed iviih nLI IiiLI)Ininb) re511ufLL LII- £?.(11)7 lur ih¢
pr¢i'iou% year. I Iii iLcuinulaie(I lui)d% amounied lu L¥41 11)l of i l DLCLmbLr 20?3 1?a22.. £%14 !771.
The Hampton Settlement
Trustees, report for the year ended 31 December 2023 (Continued)
'in•ncil rlsk rnittagement
I he charil%' % cwcralion% il io a i"arieiy nr rinancial ri%k% thai In¢lude lh¢ i.Ilcci4 of ¢han¥¢4 In114uidity ri%k and Intere41
Tale cash fl014 ri%k The charill. ha% In pla¢c a ri%k rnanaEemeni prc)¥rimme ihai + Iwh ai ihc currcnt IiThe
and In the fore%¢eabSe future. "I'his alio allow% Ihe charily to plan for liiture de¥Llw)mLnt%. Thi% IN c%limaied ai a re%cri e le¥el
of £10.(N)O ai)d bieneral rcser¥¢% are currenily al>ov¢ Ihis leiel. I"hi re¥erve% policy is revieweil annually. Frec rc%efVL?¥ af¢
Ihole unreslriLl¢(I reserves nol ilclignaied for. nor inve%ied iii fiicd and which are a%'ailahlL for general ii%e and can be
dc%iunale one or mor¢ of Ihc
ljeneficiarie
txtemenl of Trustees, rcsponslbllltles
I"he IruMee4 are re%ponsibl¢ for prcpaTin¥ lh¢ Tru4ice4 Anniiul Rcpon and lh¢ linancial slalcmcnl in aecordan¢c M lili
appli¢ablc la. anJ Uniied Kin&diim A¢counlin¥ SiansJard.s11 llilc41 Kin8dorn Cjcncrally Accci)Icil Accouniing Praciiccl.
Thc low applicabl¢ lo chari11¢% In Ynnhern Ifeland requ1¥ ihe Iruilcc% lo prii)arc linan¢ial %lli Ii'iTiiii114 for eacli financial year
hirh give a Inii. Jnd fair i iew of ihe Slale of affairs nf Ihe charily iiid of Ihe incoming rewurce% and applicaiion (trf r¢sour¢e$
of ihe chariiv for ihai periThl.
In preparin ihc¥c financial %iatemeniq. Ihe ini%tee% are requirld io,.
elLcl uilahle accounlii)b policies aiid Ihen apply ihcm con%i$iently-
ohxervc ihc method% Jiiij principle% in ilic fhariiies SnRP.'
mak'e judgmen1% an41 ¢%liinale% Ihai arc reanable ancl pTu45cni:
lal¢ ,hether applicahlc accouniing %iandards, eompri%inb FRS 10) hai'L. heen follo.ell. Nuhjeci lo any molcrial
dcpariure¥ disclose41 and cxplained in lh¢ financial qalcrncnls, and
Prcporc ihe financial .%iaiemeni.8 on ihe going conccm unle&s il 1% inapproprialc to premime Ihai th¢ ch4lTily ill
conlinuc in busine¥.
Thc Irusiec% are re%pon5ible for keeping prop¢r Jc¢oynting re¢orJ% ihat divlo%¢ wilh rea4onahle ac¢iiTacy al aii>' Iimc ihc
financial po%i¢ion of ihe charili and cnablc Ihcm in ensure Ihai thc fii)ancial ilthllerncnls compl% ii'iili lh¢ Chariiii¥ Aci
l Northem Ireland) 2008 I'hL. Chariiie% l ACL15 and Report%1 Re8ulaiion4 Iyorthcrn Ireland) •01 S. They arc al¥0
respon%ihle for %afeguaTding Ihc asxet% of ihc charily and hencc for takin8 r¢&%Dnahlc hlcp4 for ihl prci'eniion an(141eieclion or
fraud and oih¢r irrcgulaiitic%.
The Iru.wec% are re4ponsihle fnr Ihc mainlenance.1nd integrity (If Ihe ch3rilN' and financial informaii(M included on ihe chariii.
¢b¥iie. Lc¥i%lalion in the Unii¢d Kingdom &Toicming the prcparaiion and di%*minalion of financial aleMen14 may differ
from le8i%lalion in oiher juri1¢110g.
y OTder of Ihc Tru%1¢¢5
lJrofeKwr Ann MJric Cjray
Lhalrperson