THE HAMPSTEAD GARDEN SUBURB TRUST LIMITED
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased by £378,727 to £4,117,091, supported by significant one-off income from freehold sales and lease variations. However, the Trust reports an underlying operational deficit of £41,375, reflecting that asset sale proceeds are being used to cover annual running costs while the organization builds a sustainable rental income portfolio.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Elspeth Margaret Clements
- Grenville Ian Manuel
- JONATHAN MARK HENRY ROSS
- Nicola Avery-Gee
- Olga Vladic-Weal
- Richard Alan Harvey Townley
- Sarah Stafford
- Thomas Darwall-Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.9m | £1.4m |
| 31/03/2024 | £2.0m | £1.4m |
| 31/03/2023 | £1.9m | £1.1m |
| 31/03/2022 | £1.8m | £1.2m |
| 05/04/2021 | £1.8m | £1.1m |
Common questions
Is THE HAMPSTEAD GARDEN SUBURB TRUST LIMITED financially healthy?
The accounts state that unrestricted reserves increased by £378,727 to £4,117,091, supported by significant one-off income from freehold sales and lease variations. However, the Trust reports an underlying operational deficit of £41,375, reflecting that asset sale proceeds are being used to cover annual running costs while the organization builds a sustainable rental income portfolio. Its FY2025 accounts were audited by Menzies LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 10/10/2007 | £39k | "Central Square, Hampstead Garden Suburb" |