HAY FESTIVAL FOUNDATION LTD
To further the education and learning of both the Great Britain and Northern Ireland and the other countries around the world in the art or science of literature and poetry, in particular by promoting public festivals. shows, readings and fairs in both the United Kingdom of Great Britain and Northern Ireland and such other countries as the Board of Trustees may decide from time to time
Objects
THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE:-(A) TO FURTHER THE EDUCATION AND LEARNING OF THE PEOPLE OF BOTH THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND OTHER COUNTRIES AROUND THE WORLD IN THE ART AND SCIENCE OF LITERATURE, POETRY AND ALL OTHER FORMS OF ARTISTIC EXPRESSION, IN PARTICULAR BY PROMOTING PUBLIC FESTIVALS, SHOWS, READINGS AND FAIRS;(B) TO PROMOTE STUDY AND RESEARCH IN LITERATURE AND POETRY AND ALL OTHER FORMS OF ARTISTIC EXPRESSION THROUGHOUT THE WORLD PROVIDED THE RESULTS OF SUCH RESEARCH SHALL BE PUBLISHED;(C) TO PROMOTE EXCELLENCE IN LITERATURE AND POETRY AND ALL OTHER FORMS OF ARTISTIC EXPRESSION THROUGHOUT THE WORLD AND IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE ABOVE) TO AWARD MEDALS AND/OR PRIZES IN FURTHERANCE OF THIS OBJECT;(D) TO PROMOTE OR DEVELOP FOR THE BENEFIT OF THE PEOPLE OF BOTH THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND OTHER COUNTRIES AROUND THE WORLD THE ART OR SCIENCE OF LITERATURE, POETRY AND ALL OTHER FORMS OF ARTISTIC EXPRESSION IN ALL ITS BRANCHES AND LIKEWISE TO PROMOTE AND DEVELOP THE IMPROVEMENT OF LITERATURE, POETRY AND ALL OTHER FORMS OF ARTISTIC EXPRESSION IN THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND AND OTHER COUNTRIES AROUND THE WORLD.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an unrestricted surplus of £421,196 and total funds carried forward of £1,675,313 for the year ended 31 December 2025. Per the trustees' report, free reserves of £736,719 are below the stated optimum policy target of £1,105,000, though the trustees consider current levels sufficient for short-term support. The auditors confirmed no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: £60,001 - £70,000 £70,001 - £80,000 £110,001 - £120,000 2025 1 1 1” — page 25
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: £60,001 - £70,000 £70,001 - £80,000 £110,001 - £120,000 2025 1 1 1” — page 25
“At 31 December 2025, the charity held unrestricted funds of £867,971 (2024: £446,775). After accounting for those funds tied up in fixed assets of £11,252, and those designated for the VAT liability, the charity's free reserves amount to £736,719 (2024: £431,422). Whilst this is less than the optimum level of £1,105,000 the trustees are satisfied that the current reserves held are sufficient to support the organisation in the short term and will strive to build these back to optimal level over the coming years.” — page 10
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 280
- Government income: £122,616 — grants £122,616 (2); 2% of the £6,883,201 total gross income on the same return
- Employees paid over £60,000: 3 (£60,001–£70,000: 1; £70,001–£80,000: 1; £110,001–£120,000: 1)
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 280
- Government income: £801,375 — grants £801,375 (3); 13% of the £6,365,737 total gross income on the same return
- Employees paid over £60,000: 3 (£60,001–£70,000: 1; £70,001–£80,000: 1; £110,001–£120,000: 1)
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 209
- Government income: £261,578 — grants £261,578 (3); 5% of the £5,389,786 total gross income on the same return
- Employees paid over £60,000: 3 (£60,001–£70,000: 1; £70,001–£80,000: 1; £110,001–£120,000: 1)
Corporate structure
- Registered company of the charity Companies House 03490480
Leadership, per the charity’s website
- Jay Hunt — Chair
- Stephen Fry — Festival President
Company officers (Companies House)
- CROSBIE, Mark John on trustee list
- BUNT, Philip Alan on trustee list
- HUNT, Jacqueline on trustee list
- CLOSS STEPHENS, Elan, Dame not on trustee list
- STEWART, Shakia Asha on trustee list
- BUTLER, Nicholas Jones on trustee list
- FOLLOWELL, Anthony Paul on trustee list
- ALBERT, Corisande Charlotte on trustee list
- KHAN, Suhair Fariha on trustee list
- OLUSOGA, David Adetayo on trustee list
- SHEDD, Edward John on trustee list
- BEJARANO DE LA TORRE, Victoria Eugenia not on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Anthony Paul Followell
- Corisande Albert
- Dame Elan Closs Stephens
- Edward Shedd
- Jacqueline Hunt
- Mark Crosbie
- Nicholas Jones Butler
- Philip Bunt
- Professor David Adetayo Olusoga
- Shakia Asha Stewart
- Suhair Fariha Khan
- Victoria Bejarano De la Torre
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £6.9m | £6.4m |
| 31/12/2024 | £6.4m | £6.0m |
| 31/12/2023 | £5.4m | £5.1m |
| 31/12/2022 | £4.7m | £4.6m |
| 31/12/2021 | £167k | £46k |
Common questions
Is HAY FESTIVAL FOUNDATION LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an unrestricted surplus of £421,196 and total funds carried forward of £1,675,313 for the year ended 31 December 2025. Per the trustees' report, free reserves of £736,719 are below the stated optimum policy target of £1,105,000, though the trustees consider current levels sufficient for short-term support. The auditors confirmed no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Hazlewoods LLP.
What does the highest-paid employee of HAY FESTIVAL FOUNDATION LTD earn?
Per its FY2025 accounts, the highest-paid employee was in the £110,001 - £120,000 band, and 3 employees earned over £60,000.
Who funds HAY FESTIVAL FOUNDATION LTD?
Funders whose own accounts filings name HAY FESTIVAL FOUNDATION LTD as a grant recipient include THE JOHN BROWNE CHARITABLE TRUST, THE ARNOLD BURTON 1998 CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE JOHN BROWNE CHARITABLE TRUST | FY2025 | £130k | |
| THE ARNOLD BURTON 1998 CHARITABLE TRUST | FY2021 | £2k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/07/2004 | £5k | There is no project name available for this record |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ANNABEL ARBIB FOUNDATION | 1 | £262k |
| THE ARCHITECTURAL HERITAGE FUND | 1 | £34k |
| THE TOLKIEN TRUST | 1 | £30k |
| THE CHRISTOPHER LAING FOUNDATION | 1 | £20k |
| THE JOHN COATES CHARITABLE TRUST | 1 | £10k |
| WHITAKER CHARITABLE TRUST | 1 | £5k |
| THE ELMLEY FOUNDATION | 1 | £4k |
| THE SAINTBURY TRUST | 1 | £4k |
Charities like this
- STRATFORD LITERARY FESTIVAL
- THE HENLEY FESTIVAL TRUST
- CAMBRIDGE LITERARY FESTIVAL
- BEWDLEY FESTIVAL LIMITED
- HARVEY'S FOUNDRY TRUST
- HASLEMERE FESTIVAL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HAY FESTIVAL FOUNDATION LTD | £6.9m | £110,001 - £120,000 | 3 | below | — | no doubt |
| STRATFORD LITERARY FESTIVAL | £307k | — | 0 | above | — | no doubt |
| THE HENLEY FESTIVAL TRUST | £4.6m | £100,001 - £110,000 | — | within | — | no doubt |
| CAMBRIDGE LITERARY FESTIVAL | £485k | — | 0 | unclear | — | no doubt |
| BEWDLEY FESTIVAL LIMITED | £86k | — | 0 | unclear | — | no doubt |
| HARVEY'S FOUNDRY TRUST | £888k | — | 0 | below | — | no doubt |