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THE HARRY BACON FOUNDATION

Registered charity 1056500 · accounts filings on the Charity Commission register

General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£94k
Latest spending
£155k
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that free reserves decreased to £54,494 from £103,742 in the prior year, while unrestricted bank balances increased to £27,677. The charity holds significant expendable endowment investments valued at £2,507,472, which the trustees note may be transferred to unrestricted funds at their discretion. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the charity's continuing operations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks (held: £54k)
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Ludlow Trust Company Limited (a corporate trustee) was paid £14,351 for trust administration services and cash management fees.
“Ludlow Trust Company Limited was paid £14,351 for trust administration services and cash management fees during the year under review.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company Limited is a corporate trustee and received payments for administration and cash management services.
“Ludlow Trust Company Limited was paid £14,351 for trust administration services and cash management fees during the year under review.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
20/05/2025£94k£155k
20/05/2024£87k£24k
20/05/2023£56k£205k
20/05/2022£51k£24k
20/05/2021£40k£86k

Common questions

Is THE HARRY BACON FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that free reserves decreased to £54,494 from £103,742 in the prior year, while unrestricted bank balances increased to £27,677. The charity holds significant expendable endowment investments valued at £2,507,472, which the trustees note may be transferred to unrestricted funds at their discretion. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the charity's continuing operations. Its FY2025 accounts were independently examined.