THE HUTTON FOUNDATION
Financial health, per its FY2022 accounts
The Hutton Foundation reported a net outgoing of £288,625 for the year ended 31 December 2022, resulting in total unrestricted funds of £1,192,451. The charity's reserves policy is to retain sufficient levels to make charitable donations, with funds held in interest-bearing bank accounts to avoid investment risk. The trustees are satisfied that the charity's objects continue to be achieved.
What the accounts disclose
“The charity's reserve policy is to retain a sufficient level of reserves to make charitable donations.”
Trustees
- AMANDA JANE HUTTON
- GRAHAM HUTTON
- JAMES HUTTON
- RICHARD EDWARD HUTTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £250k | £262k |
| 31/12/2023 | £114k | £212k |
| 31/12/2022 | £137k | £198k |
| 31/12/2021 | £195k | £194k |
| 31/12/2020 | £145k | £447k |
Common questions
Is THE HUTTON FOUNDATION financially healthy?
The Hutton Foundation reported a net outgoing of £288,625 for the year ended 31 December 2022, resulting in total unrestricted funds of £1,192,451. The charity's reserves policy is to retain sufficient levels to make charitable donations, with funds held in interest-bearing bank accounts to avoid investment risk. The trustees are satisfied that the charity's objects continue to be achieved. Its FY2022 accounts were independently examined.