HARPER ADAMS UNIVERSITY DEVELOPMENT TRUST
The Trust raises funds to support the work of Harper Adams University. It's principal aim is to finance student scholarships, particularly for those students who need financial aid to pursue their course of study, and to help generate income to support building projects that assist the University to achieve it's primary educational purpose.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased to £196,896 from £215,537 in the prior year, resulting in a net expenditure of £118,276 for the period. The trustees confirm that reserves are considered appropriate for planned activities and that the charity will only distribute funds it can afford, ensuring it can meet liabilities as they fall due. The auditor reported no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Reserves are kept to manage shortfalls of income and cover expenditure such as governance costs. The reserves held at the year-end are considered to be appropriate for the planned and continuing activity of the Trust.”
“During the year payments were made to Harper Adams University totalling £572,082 (2024: £434,034), and the Development Trust received funds of £1,896 (2024: £48,000). At the year end the Development Trust was owed £nil (2024: £nil) by Harper Adams University and owed Harper Adams University £26,038 (2024: £71,502). The Trustees all give freely their time and expertise without any form of remuneration or other benefit in kind (2024: £nil). Trustee expenses are met by Harper Adams University.” — page 17
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "within" (FY2025).
Funders the charity credits
- Kildare Charitable Trust
- Rochester Bridge Trust
Structured financials (annual return, FY ending 31/07/2024)
Trustees
- Richard Hambletonchair
- Amanda Thorn
- Comfort Tevera
- David Farley
- Joan Cole
- Matthew Blaken
- Professor Ken Sloan
- William Alexander Ivor Ferguson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £412k | £531k |
| 31/07/2024 | £513k | £502k |
| 31/07/2023 | £595k | £502k |
| 31/07/2022 | £388k | £476k |
| 31/07/2021 | £794k | £719k |
Common questions
Is HARPER ADAMS UNIVERSITY DEVELOPMENT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased to £196,896 from £215,537 in the prior year, resulting in a net expenditure of £118,276 for the period. The trustees confirm that reserves are considered appropriate for planned activities and that the charity will only distribute funds it can afford, ensuring it can meet liabilities as they fall due. The auditor reported no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by BDO LLP.
Who funds HARPER ADAMS UNIVERSITY DEVELOPMENT TRUST?
Funders whose own accounts filings name HARPER ADAMS UNIVERSITY DEVELOPMENT TRUST as a grant recipient include CLA CHARITABLE TRUST, CLAN TRUST LIMITED, THE MILLICHOPE FOUNDATION, DUCHY OF LANCASTER BENEVOLENT FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| CLA CHARITABLE TRUST | FY2023 | £7k | |
| CLAN TRUST LIMITED | FY2024 | £6k | |
| CLAN TRUST LIMITED | FY2025 | £3k | |
| THE MILLICHOPE FOUNDATION | FY2022 | £3k | |
| CLAN TRUST LIMITED | FY2022 | £3k | |
| DUCHY OF LANCASTER BENEVOLENT FUND | FY2022 | £3k | Youth and education |
| THE MILLICHOPE FOUNDATION | FY2025 | £3k | |
| THE MILLICHOPE FOUNDATION | FY2023 | £3k | |
| CLAN TRUST LIMITED | FY2023 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JMCMRJ SORRELL FOUNDATION | 1 | £100k |
| THE HAPPY BABY COMMUNITY | 1 | £28k |
Charities like this
- HAROLD AND MARJORIE MOSS CHARITABLE TRUST
- THE HARPER ADAMS UNIVERSITY STUDENTS' UNION
- FRIENDS OF HARVARD UNIVERSITY
- THE SUTASOMA TRUST
- IAPS CHARITABLE TRUST
- CLSG BURSARY AND AWARDS FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HARPER ADAMS UNIVERSITY DEVELOPMENT TRUST | £412k | — | 0 | within | — | no doubt |
| HAROLD AND MARJORIE MOSS CHARITABLE TRUST | £156k | — | 0 | above | — | no doubt |
| THE HARPER ADAMS UNIVERSITY STUDENTS' UNION | £1.5m | — | 0 | unclear | — | no doubt |
| FRIENDS OF HARVARD UNIVERSITY | £1.1m | — | 0 | unclear | — | no doubt |
| THE SUTASOMA TRUST | £134k | — | 0 | unclear | — | no doubt |
| IAPS CHARITABLE TRUST | £197k | — | 0 | above | — | no doubt |