THE JOSEPH AND ELIZABETH HODGSON TRUST FUND
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted net assets of £4,025,363, derived primarily from an investment portfolio valued at £3,985,983. The trustees consider their investments as expendable endowments and do not maintain specific income reserves, aiming to distribute a large percentage of income net of expenses each year. The independent examiner confirmed that no material matters came to their attention regarding the financial statements.
What the accounts disclose
“Mr M G Brabner and Mr R E S Gill, two of the trustees are also a Consultant and a Partner respectively with Brabners LLP who charge for the legal and advisory services they provide to the charitable trust. During the year costs invoiced including vat amounted to £10,884 (2023: £8,821)”
Trustees
- MICHAEL GRAHAM BRABNERchair
- Rupert Edward Samuel Gill
- TREVOR LEARY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £114k | £108k |
| 05/04/2024 | £108k | £108k |
| 05/04/2023 | £103k | £66k |
| 05/04/2022 | £90k | £101k |
| 05/04/2021 | £68k | £113k |
Common questions
Is THE JOSEPH AND ELIZABETH HODGSON TRUST FUND financially healthy?
The accounts state that the charity holds unrestricted net assets of £4,025,363, derived primarily from an investment portfolio valued at £3,985,983. The trustees consider their investments as expendable endowments and do not maintain specific income reserves, aiming to distribute a large percentage of income net of expenses each year. The independent examiner confirmed that no material matters came to their attention regarding the financial statements. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TERRACE LIMITED | 1 | £45k |
| THE HAPPY BABY COMMUNITY | 1 | £14k |