FORMAN HARDY CHARITABLE TRUST

Registered charity 1000687 · accounts filings on the Charity Commission register

N/A

Objects

1. TO APPLY THE INCOME AND ALL OR SUCH PARTS OF THE CAPITAL AS THE TRUSTEES THINK FIT IN THE PROMOTION OR ASSISTANCE OF ANY CHARITABLE PURPOSES FOR THE BENEFIT OF THE INHABITANTS OF THE CITY OF NOTTINGHAM OR NOTTINGHAMSHIRE AS THE TRUSTEES THINK FIT.2. THE PROMOTION OR ASSISTANCE OF EXCLUSIVELY CHARITABLE PURPOSES

Area of benefit: NOT DEFINED IN PRACTICE NOTTINGHAMSHIRE

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Get email alerts

Latest income
£42k
Latest spending
£107k
Registered
1990
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £2,659,951, which the Trustees intend to retain to fund normal annual expenditure. The charity reported a net gain for the year of £18,518, driven by investment performance, while total charitable grants awarded amounted to £101,850. The trustees confirmed adequate resources for continuing operations and noted no material issues arising from the independent examination.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient funds to cover grants and donations, management and administration costs on an annual basis (held: £2.7m)
“It is the policy of the Trust to maintain unrestricted reserves which provide sufficient funds to cover grants and donations, management and administration costs on an annual basis.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: NJ Forman Hardy is a director of T. Bailey Holdings Limited which owns T. Bailey Asset Management Limited, the manager of funds held by the Trust.
“These funds are managed by T. Bailey Asset Management Limited. NJ Forman Hardy is a director of T. Bailey Holdings Limited which owns T. Bailey Asset Management Limited.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Nottingham City · Nottinghamshire · Scotland

Income and spending

Financial year endIncomeSpending
05/04/2025£42k£107k
05/04/2024£34k£100k
05/04/2023£17k£128k
05/04/2022£11k£142k
05/04/2021£18k£100k

Common questions

Is FORMAN HARDY CHARITABLE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £2,659,951, which the Trustees intend to retain to fund normal annual expenditure. The charity reported a net gain for the year of £18,518, driven by investment performance, while total charitable grants awarded amounted to £101,850. The trustees confirmed adequate resources for continuing operations and noted no material issues arising from the independent examination. Its FY2025 accounts were independently examined.