THE SPEECH, LANGUAGE AND HEARING FOUNDATION
The charity receives income from rent which is solely used to make grants to charities and organisations that provide support, therapy and education to children who are hearing impaired, autistic and communication delayed.
Financial health, per its FY2024 accounts
The accounts state that free reserves were £966,928, which is below the stated policy target of not less than £150,000. The charity reported a net movement in funds of £531,889, driven largely by a £518,576 gain on the revaluation of fixed assets.
What the accounts disclose
“It is the policy of the charitable company that free reserves which have not been designated for a specific use should be maintained at a level equivalent to not less than one year’s budget grant expenditure i.e. £150,000.”
“The fair value of the investment property has been arrived at on the basis of a valuation carried out by A.I.Jaye, a trustee of the charity. A.I. Jaye is a fellow of the Royal Instiute of Chartered Surveyors and a member of the Institute of Revenues Ratings and Valuation. The valuation was made on an open market value basis by reference to the current annual rentals, the term of the lease and the current market conditions. The trustees consider the fair value of the investment property to be materially the same as at 31 January 2024 and 31 December 2024. If investment properties were stated on an historical cost basis rather than a fair value basis, the carrying amount would have been £1,517,962 (£1,517,962 - 31 December 2023) and no depreciation would have been charged.” — page 20
Property (HM Land Registry)
Register events
- Received assets from another charity (09/02/2016)
Trustees
- ANDREW JAYE
- ANGELA HARDING
- Adam Charles Marks
- Katie Jaye-Lipton
- Tanya Smollan-Kaplan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £182k | £169k |
| 31/12/2023 | £187k | £178k |
| 31/12/2022 | £82k | £107k |
| 31/03/2022 | £204k | £202k |
| 31/03/2021 | £149k | £275k |
Common questions
Is THE SPEECH, LANGUAGE AND HEARING FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that free reserves were £966,928, which is below the stated policy target of not less than £150,000. The charity reported a net movement in funds of £531,889, driven largely by a £518,576 gain on the revaluation of fixed assets. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| OVINGDEAN HALL FOUNDATION | 2 | £200k |
| MOONDANCE FOUNDATION | 1 | £3.0m |
| MAN GROUP PLC CHARITABLE TRUST | 1 | £150k |
| THE FIDELITY UK FOUNDATION | 1 | £144k |
| SOHN FOUNDATION LONDON | 1 | £65k |
| THE HARGREAVES FOUNDATION | 1 | £25k |
| ICAN CHARITY | 1 | £25k |
| THE SYNCONA FOUNDATION | 1 | £20k |
Charities like this
- THE CHARLES RUSSELL SPEECHLYS FOUNDATION
- BIRKDALE TRUST FOR HEARING IMPAIRED LTD
- ST CATHERINE'S - SPEECH AND LANGUAGE
- THE AUDITORY VERBAL CENTRE
- The Carr Fenton Foundation
- EWING FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SPEECH, LANGUAGE AND HEARING FOUNDATION | £182k | — | 0 | above | — | no doubt |
| THE CHARLES RUSSELL SPEECHLYS FOUNDATION | £639k | — | 0 | unclear | — | no doubt |
| BIRKDALE TRUST FOR HEARING IMPAIRED LTD | £253k | — | 0 | above | — | no doubt |
| ST CATHERINE'S - SPEECH AND LANGUAGE | £6.4m | — | — | below | — | no doubt |
| THE AUDITORY VERBAL CENTRE | £1.2m | — | — | unclear | — | no doubt |
| The Carr Fenton Foundation | £14.4m | — | — | unclear | — | no doubt |