THE HEDLEY DENTON CHARITABLE TRUST
GENERAL CHARITABLE PURPOSES.THE TRUSTEES CONSIDER A RANGE OF OBJECTIVES MAINLY TO CHARITIES IN THE NORTH OF ENGLAND WHICH CAN PROVIDE BENEFITS LOCALLY AND FURTHER AFIELD COVERING AREAS SUCH AS MEDICAL RESEARCH AND CARE, YOUTH DEVELOPMENT, THE DISABLED, ARTS AND ASSISTING THE DISADVANTAGED BOTH AT HOME AND OVERSEAS.
Financial health, per its FY2025 accounts
The charity maintains a strong balance sheet with total assets of £2,101,752, primarily held in fixed asset investments. However, its free reserves are low at £14,814, which is significantly below the trustees' stated policy target of approximately six months of expenditure. The charity relies on investment income to fund its activities and has no employees, with day-to-day administration outsourced to related parties.
What the accounts disclose
“It is the policy of the charity to maintain Net Current Assets, at a level which equates to approximately six months expenditure.” — page 4
“C.M. Watts, a trustee, charged £600 (2024: £600) in respect of administration and management charges during the year.” — page 16
“C.M. Watts, a trustee, charged £600 (2024: £600) in respect of administration and management charges during the year. At the balance sheet date the amount due to C.M. Watts was £600 (2024: £600).” — page 16
“Charles Nicholson Asset Management is related due to C. Nicholson, a trustee, being a principal at the firm. Charles Nicholson Asset Management charged £28,685 (2024: £27,423) during the year in respect of management fees for the investment portfolio that it managed. At the balance sheet date the amount due to Charles Nicholson Asset Management was £649 (2024: £652).” — page 16
“C.M. Watts, a trustee, charged £600 (2024: £600) in respect of administration and management charges during the year. At the balance sheet date the amount due to C.M. Watts was £600 (2024: £600).” — page 16
“Charles Nicholson Asset Management is related due to C. Nicholson, a trustee, being a principal at the firm. Charles Nicholson Asset Management charged £28,685 (2024: £27,423) during the year in respect of management fees for the investment portfolio that it managed. At the balance sheet date the amount due to Charles Nicholson Asset Management was £649 (2024: £652).” — page 16
Trustees
- IAIN HARALD NICHOLSONchair
- CHARLES CRAIGHILL NICHOLSON
- CHARLES MICHAEL WATTS
- Lauren Wilson
- Victoria Stevenson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £55k | £84k |
| 05/04/2024 | £56k | £84k |
| 05/04/2023 | £58k | £96k |
| 05/04/2022 | £63k | £93k |
| 05/04/2021 | £60k | £79k |
Common questions
Is THE HEDLEY DENTON CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The charity maintains a strong balance sheet with total assets of £2,101,752, primarily held in fixed asset investments. However, its free reserves are low at £14,814, which is significantly below the trustees' stated policy target of approximately six months of expenditure. The charity relies on investment income to fund its activities and has no employees, with day-to-day administration outsourced to related parties. Its FY2025 accounts were independently examined.