HACKBLOCK EDUCATIONAL CHARITY
The main objective of the Charity is to provide funds to support children and young people under 25 living in the parish of St. Leonard's Southminster and neighbouring parishes. This can include financial support for the governors of Southminster Primary School. Grants may also be allocated to individuals or other bodies, after an application to the Trustees, in accordance with the scheme.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £1,351,795 as of 31 December 2024, derived from investment assets and cash. The trustees report maintaining a policy of protecting the original capital fund through inflationary adjustments, resulting in a net movement in funds of £21,358 for the year.
What the accounts disclose
“Dividends received 33,170” — page 6
“Whilst not a stipulation of the original Trust Deed, the Trustees have maintained a policy of protecting the original capital fund by way of an allocation out of the income and capital growth.” — page 8
Trustees
- GEOFF GRAHAMchair
- Adrian James Smith
- PAUL LUCAS
- Peter ADAMS
- Rev PETER BEGLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £39k | £45k |
| 31/12/2023 | £36k | £49k |
| 31/12/2022 | £34k | £32k |
| 31/12/2021 | £31k | £4k |
| 31/12/2020 | £31k | £14k |
Common questions
Is HACKBLOCK EDUCATIONAL CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £1,351,795 as of 31 December 2024, derived from investment assets and cash. The trustees report maintaining a policy of protecting the original capital fund through inflationary adjustments, resulting in a net movement in funds of £21,358 for the year. Its FY2024 accounts were independently examined.