THE HAWERBY TRUST
Apply the income and, in their discretion, the capital of the Trust in promoting the Objects in such manner as the Trustees in their absolute discretion think fit and in doing so may make grants and donations to such institutions, foundations, trusts, individuals and undertakings, at such time, in such manner and of such amount as the Trustees in their absolute discretion think fit
Financial health, per its FY2024 accounts
The accounts state that free reserves decreased to £10,989 from £23,135 in the prior year, while expendable endowment assets increased to £1,640,366. The trustees maintain a policy of holding free reserves to cover future needs and contingencies, though no specific monetary target is defined in the text.
What the accounts disclose
“Investment income 40,125” — page 4
“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.” — page 1
“During the year under review, Forrester Boyd charged fees for the provision of administrative fees amounting to £5,988. The trustee, Peter Fearn, is a partner in Forrester Boyd. In addition, the corporate trustee, Forrester Boyd Trustees Ltd. Is a company controlled by partners in Forrester Boyd. The amount of £5,988 was outstanding as at 31 December 2024 and included as a creditor.” — page 6
“During the year under review, the trustees have paid in a total of £23,000 during the year to cover cashflow shortfall with regards to making donations. £10,000 of this has been paid back to the trustees during the year, with £13,000 still outstanding and owed back to the trustees at 31 December 2024.” — page 6
“During the year under review, Forrester Boyd charged fees for the provision of administrative fees amounting to £5,988. The trustee, Peter Fearn, is a partner in Forrester Boyd. In addition, the corporate trustee, Forrester Boyd Trustees Ltd. Is a company controlled by partners in Forrester Boyd. The amount of £5,988 was outstanding as at 31 December 2024 and included as a creditor.” — page 6
“During the year under review, the trustees have paid in a total of £23,000 during the year to cover cashflow shortfall with regards to making donations. £10,000 of this has been paid back to the trustees during the year, with £13,000 still outstanding and owed back to the trustees at 31 December 2024.” — page 6
Trustees
- Forrester Boyd Trustees Limited
- KATE BLODWEN MORGAN GRIFFITHS
- MAX ANDREW MORGAN GRIFFITHS
- Michael Parker
- NICHOLAS DAVID MORGAN GRIFFITHS
- PAMELA DAWN LISBETH GRIFFITHS
- SUSAN PATRICIA PARKER
- WILLIAM PETER MORGAN GRIFFITHS
- WYNNE PHILIP MORGAN GRIFFITHS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £55k | £109k |
| 31/12/2023 | £39k | £112k |
| 31/12/2022 | £28k | £106k |
| 31/12/2021 | £29k | £105k |
| 31/12/2020 | £30k | £186k |
Common questions
Is THE HAWERBY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that free reserves decreased to £10,989 from £23,135 in the prior year, while expendable endowment assets increased to £1,640,366. The trustees maintain a policy of holding free reserves to cover future needs and contingencies, though no specific monetary target is defined in the text. Its FY2024 accounts were independently examined.