HAMPSHIRE AND THE ISLE OF WIGHT COMMUNITY FOUNDATION

Registered charity 1100417 · accounts filings on the Charity Commission register

Latest income
£656k
Latest spending
£1.5m
Registered
2003
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves amounted to £457,688, which the Trustees consider adequate to sustain the charity for the medium-term and equate to just under budgeted annual running costs. The charity reported a net surplus of £143,398 for the year, driven largely by investment gains, and holds total funds of £16.15 million. The Trustees and auditors confirm the charity is well-placed to manage its business risks and continue in operational existence.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
At current levels unrestricted reserves equate to just under budgeted annual running costs for 2024. The Trustees consider that this level should be adequate to sustain HIWCF for the medium-term.
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Morris Crocker.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£656k
Total spending
£1.5m
Cost of raising funds
£84k
Reserves (reported)
£325k
Employees
8

Reported reserves equal ~2.6 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Register events

Trustees

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

Operates in: Hampshire · Isle Of Wight · Portsmouth City · Southampton City

Income and spending

Financial year endIncomeSpending
31/12/2024£656k£1.5m
31/12/2023£1.0m£1.8m
31/12/2022£2.4m£2.2m
31/12/2021£1.6m£2.2m
31/12/2020£4.8m£2.7m

Common questions

Is HAMPSHIRE AND THE ISLE OF WIGHT COMMUNITY FOUNDATION financially healthy?

The accounts state that unrestricted reserves amounted to £457,688, which the Trustees consider adequate to sustain the charity for the medium-term and equate to just under budgeted annual running costs. The charity reported a net surplus of £143,398 for the year, driven largely by investment gains, and holds total funds of £16.15 million. The Trustees and auditors confirm the charity is well-placed to manage its business risks and continue in operational existence. Its FY2023 accounts were audited by Morris Crocker.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund15/01/2025£250k"Past Futures: A People's History of the Isle of Wight"
The National Lottery Heritage Fund19/09/2011£10k"Discovering a lost Rectory in a rural community: a case-study from Hampshire"

Funders of similar charities

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