2022-12-31-accounts

The Hanson Young Trust Annual Report of the Trustees and Financial Statements for the year ended 31 July 2022 Scottish Charity SC 034883

FOR THEYEAR ENDED 31 JULY 2022 Trusteeg Report The Trustee5 of the Han50n YoungTrust Tn￿} hwe pleasure in present￿8 thetr annual report for the ￿ar from l August 2021 to 31July 2022. Legal StJs The Trust 15 a charttsble bo actin under a Deed of Trust dated 2 Julv 2(Ml3. Charltable Purpo principal purposes of Twst are as Terwded in theTrust Deed. nametr. he relief of poverty, the advancement of educatron the a(fvancement of ￿ Christian religion sn ar￿S of Kenya and elSeW￿re, where communities are afferted by manitst social dw1¥a￿n and human nee(Y. In frjrtherano thereof but not otherw&e theTrnstee55hall seek: I togive financial aid and supportforthe deVek)Wr￿0f churche4 schoo& medlcal and other health dinics and other wojects forthe public benefiL 2 to facilitstethe dIssemr￿￿)Th of Biblesand crther Chrisiian literatuwe whin K￿¥4. 3 to give financial aid and support to tlw empltyffd IV any Chrtstian ¢hurch orChri5tlan mt5sk>nary O￿anisat￿ within Kenya• a5 shall be brty4htto the attent￿ of the Trustee5. 4 to tr f￿￿tial aid and sUp￿rt for the benef of mi5wnars other persons at one tlme empknyed in Christian churches or other Chri4ian or￿lsati￿S In Kenrd for the resetdement in reti￿ment particutsrty tothe Unid Ki￿¢M. S to gr4e financial akl and support to indl¥lthals and famihe5 forthe amelloraty)n of pcwerty Re¥1￿ dthe year The Trust continued to support chaities wh￿h kn the Opin#￿ of the Trustees meet the purposes of the Trustand tothat end theTrustees have dwnneled a numberof Brantsth[r￿lthe Barnabas Fund (Charrty No 1092935) and Wycliffe Biwe TTrnS1ato￿ Charity No 251233) vthom they have lo regarded as being fully informed about Io(31 situatKJns and the responslble Calib￿ of ￿cipIents and always on the basls that arfden￿ of awopriats use of grant monies i5 ¢Kisd05ed ￿ reapients to the Trustees. The TnJ5tees have continued their rkn to utTi tse the resour￿ of the Trust wkh the ayn of windiN8 up the Trust by the end of the current Financial Year. C(¥￿nt has been granted ty OSCR subiett to condltions contained In thelr e-mail dated 16 ￿Tre 2022 and these will be met ￿ the Trustees foll￿￿¥ apwoval ofthe Report and

Han$￿ Youn8Tru5t Scottlsh Charlty No 034883 Reserve5 The Trustee5 have not adopted a polityto gulde the level of reserves as 8rnntsand donations paid are dependent on avallable funds Lepl and Admlnlstratlon Infmation Chalrman Bankers Investment Royal Bank of Scotland 88 Htgh Street Lanark MLII 7 Investec Wealth Ltd 5 Geooe Square Glasgow G2 IDY 6 The Cottages Auchiochan MLII OGJ Approv4 byTru5tees

Recelpts and Payments Account forthe yearended 31July 3)22 Receipts Oon*ions Investment Incorne PrO￿d$ from the sale of IrNestments . 8ankcompensialion 275 Total Re￿Ipts Donatlons and grants paid Legal Fees Independent Examlnat4¢)n Fee r4fr3neygram Charges 524 Totsl Payments Surplu5llDefiut) foryear Balan￿ broughtforward Balan￿ c¥rfed foThMd (4ffl (o) Staternert of Balances At 31July 2ry22 8ankand Gish Openin8 BalaTr￿ 11812L rplusl{Defiatl Closin8 Balance 31n13)22 (4.367) (o) (33)> {4,087) L225 Investecwealth & Investment Independent Examination Fe• ned on behalf of the Trustee Date

Hansw Yow¥Trwt Scottlsh Ch•rfty No 034883 Notes to the Accounts l. Accountin8 Poficies Accountlng Convertlon The financial statements have been prepared under the historlcal cost conventl(x), and in accordance with the Charltles Accounts (Scotland} Regulations 21)06 (as amended). Basis oAfinancla15totements The financial statements have been prepared on a recelpts and payments bas15. Recelpts ond PaymentsAccovnt Forthe purpose of the Recelpts and Payments account as shown on page 3, funds are defined as follows: Unrestricted funds comprise Ino)me received for the objects of the tharty wfth(MJt fijrther Specified purpose and are available as general funds. Restrlcted fund. In 2006 as a very young boy Shine Lyagoba was brought from Uganda to Lcmdon for major heart surgery under the auspices of Charlty of Hope. Two of the Founding Trustees had known hisfamity whlle In Kenya and facllitated the joumey to London. Sincethat tlme, a number of Scots Christians made aware of Shine'5 medical condltton supported Shine In the cost of hls mediclon and sustenance. They a150 SUPPOrted hls mother by pr(widing furbds to meet the further educion fees of Shlne's slblings, thelr father havin8 died in 2017 leaving his family In Impoverished drcumstances. These supporters agreed that forthe better managlng and facllitatlng of Shine's SUPPOrt and that of hls siblings any fvnds given for those purposes be transferred to the Trust. During the year under report the last of such donatlons was T￿lVed. All such gifts are held bythe Trust under Restricted Funds. Due to such donatlons belng Inadequate to meetthe bl- monthly costs of medication etc, the Trustees agreed to augment these gifts by contlnulng bl- monthly support at the level historically given by these supporters. The Trustees have been communlcatirbg regularly with Shlne'5 MOt￿r for some time and dearly working towards thls point where the family wlll cease to recelve any further support from the TnJ5t. 2. Transactlons wlth Trustees and related prtles No Trustees received any remuneration or expenses from the Charlty. 3. DonatloTrs Donatlons made during the year are listed on page 6.

IN theT Ès ofTHE HANSON YOUNG TRLsr I report on the &counts of the dwhy forthe ytsi 31 July 2(ll2 whith a￿ set out on page$ 3 The Charitfs trustees are responsible for the prepaAti)n of the accounts in accordan￿ with the terms of the Charlties and Trustee Investment IScotlaThl) 2LK15 and the Charltles Accounts (Scotlandl Regulatbns 2(X)6 las amended). The Charity trustees u>nsider that the audit requirement of Regulatlon 1011) Id) of the Accounts Regulations does not appky. It is my resporsibirtyto examine the accounts as required under seC￿n 4411) (¢) of the Art and to State thether partknlar Matters have come to my attentlon. Basls ol Independent Examlnerfs siat•ment My examination is carrled out in actordance ith Re8ulatM)nii of the tharities Accounts {Scottsndl Regulatlons 20C6. An examination indudes a revw ofthe accounting records kept ￿the charity and a comparison of the accounts presented with those recordL It also indudes consideration of anv unusual item5 or discbsures inthe accounts and seeks expknation fromthe Trustees cOn￿mIng anv such matters. The procedures undertaken do not Pr￿ide all the evidence that W￿ld be required in an audiL and consequently I do not express an audit opinM)n onthe view gNen by the accounts. Independent Ex¥min•rfs Slateme In the course of my examinatxm. no matter hascoft to Myattenti￿. i gives me reasonabte C￿tset0 belie th In any material respect the ftequremert&" al to keep accounting records in accordance with Sectk)n 4411) (a) of the 2(K15 Act and ReEulatlon 4 ofthe 2005 Accounts Regu￿10n$ (a5 amended). aThJ bl to prepare accounts whkh accord with the account￿8 records and comply vAth Re8ulation 9 of the 21X6A(£ounts Regulatin5 (as amerrfI￿) hwe not been me( or 2 to which. in my oplnion. attentKffi Sh￿&1 be dAwn in order to enalAe a proper understanding of the accounts to be reached. Cornerstone Atcounting Ltd 11 Ern8ath Road Bo'ness EH519DP Date: I IOZ2

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