THE MAY HARDY MBE CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Financial health, per its FY2025 accounts
The accounts state that free reserves were £14,626 and bank balances were £23,176 at the end of the period. The charity holds an expendable endowment fund valued at £1,639,962 which can be released to support activities. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“HSBC was paid £26,321 for trust administration and investment management fees during the year under review Ludlow Trust Company (Southampton) Ltd was paid £2,428 for trust administration fees during the year under review. These fees are authorised under clause 28 of the trust deed.”
“HSBC was paid £26,321 for trust administration and investment management fees during the year under review Ludlow Trust Company (Southampton) Ltd was paid £2,428 for trust administration fees during the year under review. These fees are authorised under clause 28 of the trust deed.”
“HSBC was paid £26,321 for trust administration and investment management fees during the year under review Ludlow Trust Company (Southampton) Ltd was paid £2,428 for trust administration fees during the year under review. These fees are authorised under clause 28 of the trust deed.”
“HSBC was paid £26,321 for trust administration and investment management fees during the year under review Ludlow Trust Company (Southampton) Ltd was paid £2,428 for trust administration fees during the year under review. These fees are authorised under clause 28 of the trust deed.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 12/07/2025 | £48k | £52k |
| 05/04/2024 | £42k | £52k |
| 05/04/2023 | £31k | £27k |
| 05/04/2022 | £24k | £26k |
| 05/04/2021 | £29k | £69k |
Common questions
Is THE MAY HARDY MBE CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that free reserves were £14,626 and bank balances were £23,176 at the end of the period. The charity holds an expendable endowment fund valued at £1,639,962 which can be released to support activities. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. Its FY2025 accounts were independently examined.