THE HEARN FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted reserves increased to £11,563,054, significantly exceeding the trustees' stated policy target of maintaining reserves equivalent to two years of charitable expenditure. The charity reported a net surplus for the year and the independent auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The current reserves policy of theTrusteesistomaintainfreereservesintheunrestrictedfundslevelwhichequates to approximately two years of charitable expenditure taking account of average annual expenditure over the previous3years.” — page 5
“During 2025 the Trust received donations of £2,645,412 (2024 £378,455) from Mr P Hearn, £645,187 (2024 £490,612) from OPD Group Limited, a company controlled by Mr P Hearn and a donation of £775,000 from Ms F Robinson”
“During 2025 the Trust received donations of £2,645,412 (2024 £378,455) from Mr P Hearn, £645,187 (2024 £490,612) from OPD Group Limited, a company controlled by Mr P Hearn and a donation of £775,000 from Ms F Robinson”
“During 2025 the Trust received donations of £2,645,412 (2024 £378,455) from Mr P Hearn, £645,187 (2024 £490,612) from OPD Group Limited, a company controlled by Mr P Hearn and a donation of £775,000 from Ms F Robinson”
“During 2025 the Trust received donations of £2,645,412 (2024 £378,455) from Mr P Hearn, £645,187 (2024 £490,612) from OPD Group Limited, a company controlled by Mr P Hearn and a donation of £775,000 from Ms F Robinson”
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Francesca Robinson
- JOHN GULIO PIKE
- MICHAEL ROBERT FREDERICK HEARN
- PETER JOHN HEARN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £4.4m | £2.3m |
| 31/12/2024 | £882k | £786k |
| 31/12/2023 | £943k | £1.4m |
| 31/12/2022 | £2k | £333k |
| 31/12/2021 | £124 | £285k |
Common questions
Is THE HEARN FOUNDATION financially healthy?
The accounts state that the charity's unrestricted reserves increased to £11,563,054, significantly exceeding the trustees' stated policy target of maintaining reserves equivalent to two years of charitable expenditure. The charity reported a net surplus for the year and the independent auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Lincoln Brown & Co Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |