HULT INTERNATIONAL BUSINESS SCHOOL LTD

Registered charity 1092321 · accounts filings on the Charity Commission register · also known as HURON UNIVERSITY USA IN LONDON LIMITED

Higher education / student welfare

Causes: Education/training · website · Get email alerts

Latest income
£19.7m
Latest spending
£18.5m
Registered
2002
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £1.17m for the year ended 31 July 2025, reducing its net liabilities to £7.0m. Per the trustees' report, the charity operates on a cost-plus basis with revenue guaranteed by a US parent charity, which the trustees believe ensures future surpluses and restores reserves to an adequate level.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £145,000 - £149,999 — above the median for charities its size (£130k)
“£145,000 - £149,999 2” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Educational Services (97% of income)
“Educational Services 18,970,957” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: one year’s costs (held: £-7.0m)
“The reserves policy is to reach a positive net assets level of reserves, with a longer-term objective of having reserves equal to at least one year’s costs as an adequate reserves level.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan interest charged by Hult International Business School AG
“During the financial year 2025, interest of £435,555 was charged on a loan to the School of £9.3m advanced by Hult international Business School AG, a company owned by the father of Mr Hult, a director of the company.” — page 31
“The President Matthew Lilley total annual remuneration is £309,839 (FY2024: £206,905) This represents the total annual remuneration paid by the School & Ashridge (Bonar Law Memorial) Trust.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration of President Matthew Lilley
“During the financial year 2025, interest of £435,555 was charged on a loan to the School of £9.3m advanced by Hult international Business School AG, a company owned by the father of Mr Hult, a director of the company.” — page 31
“The President Matthew Lilley total annual remuneration is £309,839 (FY2024: £206,905) This represents the total annual remuneration paid by the School & Ashridge (Bonar Law Memorial) Trust.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Knox Cropper LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/07/2025)

Total income
£19.7m
Total spending
£18.5m
Reserves (reported)
£7.0m
Employees
135

Reported reserves equal ~4.5 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (97% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/07/2025£19.7m£18.5m
31/07/2024£18.7m£17.7m
31/07/2023£17.3m£16.4m
31/07/2022£15.2m£14.3m
31/07/2021£11.5m£10.8m

Common questions

Is HULT INTERNATIONAL BUSINESS SCHOOL LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus of £1.17m for the year ended 31 July 2025, reducing its net liabilities to £7.0m. Per the trustees' report, the charity operates on a cost-plus basis with revenue guaranteed by a US parent charity, which the trustees believe ensures future surpluses and restores reserves to an adequate level. Its FY2025 accounts were audited by Knox Cropper LLP.

What does the highest-paid employee of HULT INTERNATIONAL BUSINESS SCHOOL LTD earn?

Per its FY2025 accounts, the highest-paid employee was in the £145,000 - £149,999 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with LONDON COLLEGE OF BUSINESS STUDIES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
HULT INTERNATIONAL BUSINESS SCHOOL LTD£19.7m£145,000 - £149,999—unclear—no doubt
LONDON COLLEGE OF BUSINESS STUDIES FY2025£1.9m—0unclear—no doubt
THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL FY2025£249k—0unclear—no doubt
B'NAI B'RITH HILLEL FOUNDATION FY2025£1.4m——above—no doubt
HUNTER HALL SCHOOL LTD FY2025£1.0mGreater than £60,0001above—no doubt
THE STUART HALBERT FOUNDATION FY2025£210k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.