THE CHARLES HASTINGS EDUCATION CENTRE
Health education
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net unrestricted deficit of £34,549 for the year ended 31 March 2025, compared to a surplus in the prior year. Per the trustees' report, unrestricted general reserves were £293,729 at year-end, which the trustees believe is sufficient to cover significant income loss or large repairs, exceeding their stated minimum policy target of £250,000.
What the accounts disclose
“The principal source of funding sources is the letting of the charity's premises to its subsidiary, the Worcestershire Healthcare Education Company Ltd (WHEC) and, through WHEC, to the Worcestershire Acute Hospitals NHS Trust, acting as agent for all NHS bodies in the county.” — page 4
“The charity's policy for the level of income reserves was reviewed in February 2018 and it was decided that a minimum reserve of £250,000 be maintained between The Charles Hastings Education Centre and its subsidiary, The Worcestershire Healthcare Education Company.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- JOHN BLACKchair
- ANDREW GRANT DUNCAN
- Anthony Gerard Bramley
- Deborah Nicol
- Dr Helen Cartwright
- Dr JAMES MATHER
- Dr Laura Tulloch
- Dr NICHOLAS HUDSON
- Dr Ravi Khehar
- Dr STUART KING
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £699k | £621k |
| 31/03/2024 | £1.3m | £642k |
| 31/03/2023 | £440k | £415k |
| 31/03/2022 | £296k | £406k |
| 31/03/2021 | £337k | £384k |
Common questions
Is THE CHARLES HASTINGS EDUCATION CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net unrestricted deficit of £34,549 for the year ended 31 March 2025, compared to a surplus in the prior year. Per the trustees' report, unrestricted general reserves were £293,729 at year-end, which the trustees believe is sufficient to cover significant income loss or large repairs, exceeding their stated minimum policy target of £250,000. Its FY2025 accounts were audited by The Richards Sandy Partnership Ltd.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 18/09/2009 | £565k | "Museum@WRI" |
| The National Lottery Heritage Fund | 07/09/2006 | £44k | "Community Connections" |
| The National Lottery Heritage Fund | 09/01/2004 | £40k | "The George Marshall Medical Museum, Worcester - Phase II" |
| The National Lottery Heritage Fund | 29/03/2000 | £321k | "Worcester Museum of Medicine & Health Care" |
Funders of similar charities
Charities like this
- EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT
- Notting Hill and Harlesden Methodist Circuit
- EDUCATION FOR LIFE
- FOUNTAINS OF KNOWLEDGE
- TENDER EDUCATION AND ARTS
- National Centre For Universities and Business
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHARLES HASTINGS EDUCATION CENTRE | £699k | — | 0 | unclear | — | no doubt |
| EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT | £1.1m | £90,001 - £100,000 | — | above | — | no doubt |
| Notting Hill and Harlesden Methodist Circuit | £200k | — | 0 | unclear | — | no doubt |
| EDUCATION FOR LIFE | £231k | — | 0 | below | — | no doubt |
| FOUNTAINS OF KNOWLEDGE | £1.1m | — | 0 | above | — | no doubt |
| TENDER EDUCATION AND ARTS | £1.8m | Over £60,000 | 1 | unclear | — | no doubt |