HFC Help For Children UK LTD
The principal mission of Hedge Funds Care UK is to support efforts to prevent and treat child abuse. Hedge Funds Care UK is a charity raising funds and awareness within the hedge fund industry. Hedge Funds Care UK grants the funds raised at each event within the local region to organisations selected and evaluated on the basis of their ability to address child abuse and neglect.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £248,948, which the Directors consider adequate to cover general expenditure and future grant cycles. The charity reported a net income surplus of £41,798 for the year, driven by strong fundraising event income, and maintains a cash balance of £295,944. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It was agreed amongst the Directors that a flexible reserve policy is used in order to continue operations, arrange events to raise funds and normalize grant making for each annual cycle, taking into account the risk that funding is disrupted.”
“During the year the Charitable Company was recharged overheads and expenses from Hedge Funds Care US of £57,797 (2023: £44,826). This is in respect of administrative support provided by the US to the UK. At the year end, a balance was due to Hedge Funds Care US of £47,579 (2023: a balance was due from Hedge Funds Care US of £3,251). Three of the Directors of Hedge Funds Care US are also Directors of HFC Help for Children UK Ltd.” — page 15
“A number of the Directors are employed by or owners of firms that are Global Sponsors of HFC Help for Children UK Ltd. During the year Directors gave £21,965 (2023: £67,986) and their respective firms gave £60,998 (2023: £50,118) through donations and purchasing of gala tickets.” — page 15
“During the year the Charitable Company was recharged overheads and expenses from Hedge Funds Care US of £57,797 (2023: £44,826). This is in respect of administrative support provided by the US to the UK. At the year end, a balance was due to Hedge Funds Care US of £47,579 (2023: a balance was due from Hedge Funds Care US of £3,251). Three of the Directors of Hedge Funds Care US are also Directors of HFC Help for Children UK Ltd.” — page 15
“A number of the Directors are employed by or owners of firms that are Global Sponsors of HFC Help for Children UK Ltd. During the year Directors gave £21,965 (2023: £67,986) and their respective firms gave £60,998 (2023: £50,118) through donations and purchasing of gala tickets.” — page 15
Corporate structure
- Registered company of the charity Companies House 05804261
- Equity: £227k
- Average employees: 1
Company officers (Companies House)
- JARMAN, David Neil on trustee list
- TWIDLE, Benjamin on trustee list
- LUCCOCK, Thomas William on trustee list
- CHURCHILL, Lucy on trustee list
- COOMBES, Simon David on trustee list
- MOURGUES, Louise Evelyn on trustee list
- GODDARD, Malcolm Ian on trustee list
- MERRITT-HOLMES, Michael James on trustee list
- STREETER, Catherine, Ms. on trustee list
- FULLER, Ashley Stuart, Mr. on trustee list
- HUGHES, Robert Anthony, Mr. on trustee list
- SCHULTZ, Robert on trustee list
- INGLIS, Jack Edward not on trustee list
- RADLEY-GARDNER, Christopher on trustee list
- GLINER, Greg on trustee list
- PETROVIC, Darko not on trustee list
- AMBROSINI, Damon Andrew on trustee list
- MAY, Jonathan Edward on trustee list
Trustees
- Jack Inglis Edwardchair
- Ashley Fuller
- Benjamin Twidle
- Catherine Streeter
- Christopher Radley-Gardner
- DAMON ANDREW AMBROSINI
- Dan Petrovic
- David Jarman
- Greg Gliner
- Jonathan Edward May
- Louise Mourgues
- Lucy Churchill
- Malcolm Goddard
- Michael Merritt-Holmes
- Robert Hughes
- Robert Schultz
- Simon David Coombes
- Thomas Luccock
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £478k | £437k |
| 31/12/2023 | £482k | £432k |
| 31/12/2022 | £348k | £455k |
| 31/12/2021 | £389k | £279k |
| 31/12/2020 | £119k | £201k |
Common questions
Is HFC Help For Children UK LTD financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £248,948, which the Directors consider adequate to cover general expenditure and future grant cycles. The charity reported a net income surplus of £41,798 for the year, driven by strong fundraising event income, and maintains a cash balance of £295,944. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DOGS FOR AUTISM | 2 | £14k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. PETER, FORMBY | 1 | — |
| THE HEALTH FOUNDATION | 1 | £1.1m |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £1.1m |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £861k |
| THE SENECA TRUST | 1 | £700k |
| GUY'S AND ST THOMAS' FOUNDATION | 1 | £500k |
| THE PENNIES FOUNDATION | 1 | £390k |
Charities like this
- HOPE AND HOMES FOR CHILDREN
- CARE UK Charity
- SUDC-UK
- HALO CHILDREN'S FOUNDATION
- BBC CHILDREN IN NEED
- HUGGARD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HFC Help For Children UK LTD | £478k | — | 0 | above | — | no doubt |
| HOPE AND HOMES FOR CHILDREN | £8.0m | £120,000 - £129,999 | — | unclear | — | no doubt |
| CARE UK Charity | £470k | — | 0 | unclear | — | no doubt |
| SUDC-UK | £401k | — | 0 | unclear | — | no doubt |
| HALO CHILDREN'S FOUNDATION | £106k | — | 0 | unclear | — | no doubt |
| BBC CHILDREN IN NEED | £61.0m | — | — | unclear | — | no doubt |