HANNAH MEMORIAL ACADEMY TRUST
Providing education to underprivileged children
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £300,471, a significant increase from the previous year's £32,039, driven largely by a £285,000 legacy gift. The trustees report adequate financial resources to continue operations for the foreseeable future, with no stated reserves policy target to compare against. The charity relies on individual giving and has no active fundraising costs disclosed against specific fundraised income figures.
What the accounts disclose
“The trustees consider that this method was necessary to ensure continuity of charitable work, but acknowledge it is not best practice. Procedures have since been strengthened and alternatives are being investigated.”
Trustees
- Ben Pattie
- CHRISTINE STELLA BROWNING
- Camilla MacLaverty
- HELEN MARY WILDE
- RAM VARMA FCCA
- ROGER PATRICK MACLAVERTY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 15/02/2025 | £315k | £47k |
| 15/02/2024 | £9k | £21k |
| 15/02/2023 | £7k | £11k |
| 15/02/2022 | £14k | £13k |
| 15/02/2021 | £13k | £15k |
Common questions
Is HANNAH MEMORIAL ACADEMY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £300,471, a significant increase from the previous year's £32,039, driven largely by a £285,000 legacy gift. The trustees report adequate financial resources to continue operations for the foreseeable future, with no stated reserves policy target to compare against. The charity relies on individual giving and has no active fundraising costs disclosed against specific fundraised income figures. Its FY2025 accounts were independently examined.