THE HAWTHORNE MEADOW TRUST
THE AIM OF THE TRUST IS TO PROVIDE AFFORDABLE ACCOMMODATION FOR ELDERLY PERSONS AND TO SUPPORT THE WORK AMONGST THE ELDERLY OF THE LOCAL COMMUNITY.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit on unrestricted funds of £73,202 for the year ended 31 December 2024, reducing its unrestricted reserves to £1,564,728. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future and that its reserves policy target of three to six months' expenditure has been maintained.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £31k | £104k |
| 31/12/2023 | £25k | £116k |
| 31/12/2022 | £447k | £29k |
| 31/12/2021 | £8k | £27k |
| 31/12/2020 | £802 | £19k |
Common questions
Is THE HAWTHORNE MEADOW TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit on unrestricted funds of £73,202 for the year ended 31 December 2024, reducing its unrestricted reserves to £1,564,728. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future and that its reserves policy target of three to six months' expenditure has been maintained. Its FY2024 accounts were independently examined.