MAY HEARNSHAW CHARITABLE TRUST
Latest income
£101k
Latest spending
£102k
Registered
1992
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total income was £101,365 against total expenditure of £102,394, resulting in a net expenditure for the year. The trustees consider the overall finances to be sound, noting adequate liquid funds are available to cover the excess of expenditure over income on the unrestricted fund.
What the accounts disclose
Reserves policy: pay out or commit to grants of the level of the annual net income after costs (held: £182k)
“It is the policy of the Trustees to pay out or commit to grants of the level of the annual net income after costs. Any reserves held at each year end are expected to be paid out in line with this policy.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Related party transactions
“Mr C H Ringrose is a partner with BHP LLP. No charges are made for his services. BHP LLP act as accountants to the Charity, charging fees at market rate as detailed in the accounts. Subject to the foregoing no reimbursement of expenses is paid, directly or indirectly, to any Trustee or person or persons known to be connected with any of them.” — page 19
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Charles Howard Ringrose
- MICHAEL ROSS WARD
- RICHARD DAVID LAW
- WILLIAM ALFRED MUNRO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £101k | £102k |
| 05/04/2024 | £99k | £88k |
| 05/04/2023 | £101k | £72k |
| 05/04/2022 | £88k | £82k |
| 05/04/2021 | £74k | £60k |
Common questions
Is MAY HEARNSHAW CHARITABLE TRUST financially healthy?
The accounts state that total income was £101,365 against total expenditure of £102,394, resulting in a net expenditure for the year. The trustees consider the overall finances to be sound, noting adequate liquid funds are available to cover the excess of expenditure over income on the unrestricted fund. Its FY2025 accounts were independently examined.