R G HILLS CHARITABLE TRUST
Financial health, per its FY2023 accounts
The accounts state that unrestricted funds increased to £117,836, while the charity holds significant permanent endowment funds of £4,157,399. The Trustees consider the level of reserves sufficient to cover unforeseen expenses and provide flexibility for exceptional funding requirements. The charity reported a net loss on investments of £246,409 but maintained adequate resources to continue operations.
What the accounts disclose
“The Trustees have concluded the target level of reserves should be in the region of 630, 000 to 640, 000.” — page 5
Trustees
- HARVEY MARSTON STRANGE BARRETT
- Kenneth Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £144k | £181k |
| 31/03/2024 | £151k | £166k |
| 31/03/2023 | £156k | £158k |
| 31/03/2022 | £138k | £146k |
| 31/03/2021 | £130k | £101k |
Common questions
Is R G HILLS CHARITABLE TRUST financially healthy?
The accounts state that unrestricted funds increased to £117,836, while the charity holds significant permanent endowment funds of £4,157,399. The Trustees consider the level of reserves sufficient to cover unforeseen expenses and provide flexibility for exceptional funding requirements. The charity reported a net loss on investments of £246,409 but maintained adequate resources to continue operations. Its FY2023 accounts were audited by Pure Audit Limited.