THE MRS. HILDA BEER CHARITABLE TRUST
To apply the income for the benefit of charitable objects and purposes.
Financial health, per its FY2024 accounts
The charity reported a net increase in funds of £50,482, bringing total unrestricted and endowment reserves to £1,667,570. This figure significantly exceeds the trustees' stated policy target of maintaining unrestricted reserves of no less than £10,000. The accounts state there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees will maintain sufficient reserves to meet unforeseen requirements and consider that unrestricted reserves should be no less than £10,000.” — page 5
“During the period Druces LLP provided administration services to the H C Beer Charitable Trust amounting to £9,600 (2023 - £11,580). Trustees Mr M Duncan and Mr P Campbell are also partners of Druces LLP. Mr P A Caruana is employed by Druces LLP. These services are not related to Mr M Duncan, Mr P Campbell and Mr P A Caruana’s trusteeship and therefore are not deemed to be Trustees’ remuneration. At the balance sheet date the amount due to Druces LLP was £6,120 (2023 - £2,400). Page | 14” — page 16
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £58k | £76k |
| 31/12/2023 | £55k | £54k |
| 31/12/2022 | £53k | £71k |
| 31/12/2021 | £52k | £116k |
| 31/12/2020 | £50k | £85k |
Common questions
Is THE MRS. HILDA BEER CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The charity reported a net increase in funds of £50,482, bringing total unrestricted and endowment reserves to £1,667,570. This figure significantly exceeds the trustees' stated policy target of maintaining unrestricted reserves of no less than £10,000. The accounts state there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.