PAUL HAMLYN FOUNDATION
Latest income
£50.7m
Latest spending
£50.7m
Registered
2004
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total funds amounted to £861.4 million at the end of the reporting period, with an endowment value of £929.2 million. The trustees are satisfied that there are no material uncertainties surrounding the ability of the Foundation to continue as a going concern, as the endowment significantly exceeds existing commitments and planned spending.
What the accounts disclose
Reserves policy: at least six months of working-capital commitments (including grant commitments) (held: £880.4m)
“Within this context, the Finance, Audit and Risk Committee has agreed to manage its reserves by ensuring a sum equivalent to at least six months of working-capital commitments (including grant commitments) is held in readily accessible liquid assets.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Michael Hamlyn is Trustee of the Nerve Centre which was awarded a grant of £2 million in December 2019 and paid £200,000 of this plus £49,053 inflationary increase in March 2024
“Michael Hamlyn is Trustee of the Nerve Centre which was awarded a grant of £2 million in December 2019 and paid £200,000 of this plus £49,053 inflationary increase in March 2024 (2023/24: awarded inflationary uplift of £42,978, paid £242,978). ” — page 58
“Martha Mackenzie joined the Paul Hamlyn Foundation board in October 2024 and is Executive Director of Civic Power Fund. At the time she joined the board, Paul Hamlyn Foundation was already in discussion with Civic Power Fund regarding a grant for £1 million, which was subsequently awarded later in 2024/25. Civic Power Fund was also awarded two further grants in 2024/25 totalling £120,000. Civic Power Fund was paid £65,000 in 2024/25 (2023/24: awarded £186,168 and paid £291,168).” — page 58
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Martha Mackenzie joined the Paul Hamlyn Foundation board in October 2024 and is Executive Director of Civic Power Fund. ... Civic Power Fund was paid £65,000 in 2024/25
“Michael Hamlyn is Trustee of the Nerve Centre which was awarded a grant of £2 million in December 2019 and paid £200,000 of this plus £49,053 inflationary increase in March 2024 (2023/24: awarded inflationary uplift of £42,978, paid £242,978). ” — page 58
“Martha Mackenzie joined the Paul Hamlyn Foundation board in October 2024 and is Executive Director of Civic Power Fund. At the time she joined the board, Paul Hamlyn Foundation was already in discussion with Civic Power Fund regarding a grant for £1 million, which was subsequently awarded later in 2024/25. Civic Power Fund was also awarded two further grants in 2024/25 totalling £120,000. Civic Power Fund was paid £65,000 in 2024/25 (2023/24: awarded £186,168 and paid £291,168).” — page 58
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Foundation made a £2 million grant and a payment of this amount to the Helen Hamlyn Trust in 2023/24
“Michael Hamlyn is Trustee of the Nerve Centre which was awarded a grant of £2 million in December 2019 and paid £200,000 of this plus £49,053 inflationary increase in March 2024 (2023/24: awarded inflationary uplift of £42,978, paid £242,978). ” — page 58
“Martha Mackenzie joined the Paul Hamlyn Foundation board in October 2024 and is Executive Director of Civic Power Fund. At the time she joined the board, Paul Hamlyn Foundation was already in discussion with Civic Power Fund regarding a grant for £1 million, which was subsequently awarded later in 2024/25. Civic Power Fund was also awarded two further grants in 2024/25 totalling £120,000. Civic Power Fund was paid £65,000 in 2024/25 (2023/24: awarded £186,168 and paid £291,168).” — page 58
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Marcus Davey, who was appointed as a Trustee of the Foundation in October 2024, is CEO of the Roundhouse Trust
“Michael Hamlyn is Trustee of the Nerve Centre which was awarded a grant of £2 million in December 2019 and paid £200,000 of this plus £49,053 inflationary increase in March 2024 (2023/24: awarded inflationary uplift of £42,978, paid £242,978). ” — page 58
“Martha Mackenzie joined the Paul Hamlyn Foundation board in October 2024 and is Executive Director of Civic Power Fund. At the time she joined the board, Paul Hamlyn Foundation was already in discussion with Civic Power Fund regarding a grant for £1 million, which was subsequently awarded later in 2024/25. Civic Power Fund was also awarded two further grants in 2024/25 totalling £120,000. Civic Power Fund was paid £65,000 in 2024/25 (2023/24: awarded £186,168 and paid £291,168).” — page 58
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Moira Sinclair is a trustee of Clore Leadership which was awarded two grants of £20,000 each in April and November 2024 both of which were fully paid in 2024/25
“Michael Hamlyn is Trustee of the Nerve Centre which was awarded a grant of £2 million in December 2019 and paid £200,000 of this plus £49,053 inflationary increase in March 2024 (2023/24: awarded inflationary uplift of £42,978, paid £242,978). ” — page 58
“Martha Mackenzie joined the Paul Hamlyn Foundation board in October 2024 and is Executive Director of Civic Power Fund. At the time she joined the board, Paul Hamlyn Foundation was already in discussion with Civic Power Fund regarding a grant for £1 million, which was subsequently awarded later in 2024/25. Civic Power Fund was also awarded two further grants in 2024/25 totalling £120,000. Civic Power Fund was paid £65,000 in 2024/25 (2023/24: awarded £186,168 and paid £291,168).” — page 58
Per its FY2025 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 05042279
Structured financials (annual return, FY ending 31/03/2025)
Total income
£50.7m
Total spending
£50.7m
Cost of raising funds
£9.3m
Reserves (reported)
£0
Employees
57
Register events
- Received assets from another charity (13/03/2018)
- Received assets from another charity (06/10/2015)
Trustees
- JAMES LINGWOODchair
- Akeela Ahmed
- Bernard Dalle
- Dr Thomas Palakudiyil
- JANE HAMLYN
- Jennifer Forster
- MICHAEL HAMLYN
- Marcus Davey
- Martha Beaton Mackenzie
- Silaja Birks
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £50.7m | £50.7m |
| 31/03/2024 | £72.0m | £72.1m |
| 31/03/2023 | £5.5m | £54.4m |
| 31/03/2022 | £5.1m | £52.4m |
| 31/03/2021 | £39.8m | £49.8m |
Common questions
Is PAUL HAMLYN FOUNDATION financially healthy?
The accounts state that total funds amounted to £861.4 million at the end of the reporting period, with an endowment value of £929.2 million. The trustees are satisfied that there are no material uncertainties surrounding the ability of the Foundation to continue as a going concern, as the endowment significantly exceeds existing commitments and planned spending. Its FY2025 accounts were audited by Crowe UK LLP.
Who funds PAUL HAMLYN FOUNDATION?
Funders whose own accounts filings name PAUL HAMLYN FOUNDATION as a grant recipient include MANCHESTER CITY GALLERIES TRUST, THE BARROW CADBURY TRUST, THE A B CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| MANCHESTER CITY GALLERIES TRUST | FY2024 | £100k |
| MANCHESTER CITY GALLERIES TRUST | FY2024 | £23k |
| THE BARROW CADBURY TRUST | FY2025 | £5k |
| THE A B CHARITABLE TRUST | FY2024 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BOOST CHARITABLE TRUST | 1 | — |
| THE ALTENBURG FOUNDATION | 1 | £84k |
| THE STORY OF CHRISTMAS | 1 | £30k |
| THE LOWER GREEN FOUNDATION | 1 | £30k |
| THE HARGREAVES FOUNDATION | 1 | £24k |
| THE CHILDHOOD TRUST | 1 | £15k |
| THE HOLLIDAY FOUNDATION | 1 | £10k |
| THE VICTORIA FOUNDATION | 1 | £9k |