HARPER ADAMS UNIVERSITY DEVELOPMENT TRUST
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?
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 CLAN TRUST LIMITED, THE MILLICHOPE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| CLAN TRUST LIMITED | FY2024 | £6k |
| THE MILLICHOPE FOUNDATION | FY2023 | £3k |
| CLAN TRUST LIMITED | FY2023 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TOMLINSON FAMILY CHARITABLE TRUST | 1 | £225k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £100k |
| THE HAPPY BABY COMMUNITY | 1 | £14k |
| The Brindle Foundation | 1 | £14k |
| THE MCCORQUODALE CHARITABLE TRUST | 1 | £10k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £9k |
| DAVID LAING FOUNDATION | 1 | £5k |