HULT INTERNATIONAL BUSINESS SCHOOL LTD
Higher education / student welfare
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.
What the accounts disclose
“£145,000 - £149,999 2” — page 25
“Educational Services 18,970,957” — page 22
“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
“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
“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
Year-over-year changes
- Top pay band moved from £206,905 (FY2024) to £145,000 - £149,999 (FY2025).
Corporate structure
- Registered company of the charity Companies House 03005603
Leadership, per the charity’s website
- Dr. Stephen Hodges — President (Former)
- Professor Patrick Lynch — Professor
Company officers (Companies House)
- ITZKOWITZ, Jay Noah, Mr. on trustee list
- SANDBERG, Ulf, Mr. on trustee list
- BURNS, Craig Douglas on trustee list
- HULT, Philip Eric on trustee list
- JEDREY, Christopher Michael on trustee list
- LILLEY, Matthew James on trustee list
- RANGNE BLENDOW, Åsa Elisabeth Staffansdotter not on trustee list
- SERENHOV, Christer Seved on trustee list
- SINTROS, James Lee on trustee list
- WALSH, Rebecca Lucy on trustee list
- BARBER, Nicholas Charles on trustee list
- BANESTIG, Joakim
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Asa Elisabeth Staffansdotter RANGNE BLENDOW
- Christer Seved SERENHOV
- Christopher Michael JEDREY
- Craig Douglas BURNS
- James Lee SINTROS
- Jay Noah Itzkowitz
- Matthew James Lilley
- Nicholas Charles BARBER
- Philip Eric HULT
- Rebecca Lucy WALSH
- Ulf Sandberg
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BLOOM FOUNDATION | 1 | £4.4m |
| PRISM THE GIFT FUND | 1 | £107k |
| THE RISMAN FOUNDATION | 1 | £84k |
| THE HUMANITARIAN TRUST | 1 | £25k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £20k |
| THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST | 1 | £10k |
| THE HAROLD HYAM WINGATE FOUNDATION | 1 | £6k |
| CRAPS CHARITABLE TRUST | 1 | £5k |
Charities like this
- LONDON COLLEGE OF BUSINESS STUDIES
- THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL
- B'NAI B'RITH HILLEL FOUNDATION
- HUNTER HALL SCHOOL LTD
- THE STUART HALBERT FOUNDATION
- INTERNATIONAL SCHOOLS OF BUSINESS MANAGEMENT LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HULT INTERNATIONAL BUSINESS SCHOOL LTD | £19.7m | £145,000 - £149,999 | — | unclear | — | no doubt |
| LONDON COLLEGE OF BUSINESS STUDIES | £1.9m | — | 0 | unclear | — | no doubt |
| THE BRITISH FRIENDS OF HARVARD BUSINESS SCHOOL | £249k | — | 0 | unclear | — | no doubt |
| B'NAI B'RITH HILLEL FOUNDATION | £1.4m | — | — | above | — | no doubt |
| HUNTER HALL SCHOOL LTD | £1.0m | Greater than £60,000 | 1 | above | — | no doubt |
| THE STUART HALBERT FOUNDATION | £210k | — | 0 | unclear | — | no doubt |