Charity Accounts Intelreading the accounts so you don’t have to

THE HUGH SYMONS CHARITABLE TRUST

Registered charity 1137778 · accounts filings on the Charity Commission register · also known as NONE

Latest income
£314k
Latest spending
£356k
Registered
2010
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that total funds decreased to £5,261,129 at the year end, down from £5,672,399 in the previous year, due to charitable grants exceeding income and investment losses. The trustees maintain a reserves policy of holding cash reserves equivalent to approximately one-half of the previous year's income to provide a cushion against unforeseen expenditure. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: approximately one-half of the previous year's income (held: £184k)
“Cash reserves of approximately one-half of the previous year's income are held to provide a 'cushion' against unforeseen expenditure and against sharp fluctuations in income.” — page 3
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Andrews and Palmer Ltd.

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Dorset

Income and spending

Financial year endIncomeSpending
05/04/2025£314k£356k
05/04/2024£322k£421k
05/04/2023£311k£418k
05/04/2022£305k£536k
05/04/2021£105k£343k

Common questions

Is THE HUGH SYMONS CHARITABLE TRUST financially healthy?

The accounts state that total funds decreased to £5,261,129 at the year end, down from £5,672,399 in the previous year, due to charitable grants exceeding income and investment losses. The trustees maintain a reserves policy of holding cash reserves equivalent to approximately one-half of the previous year's income to provide a cushion against unforeseen expenditure. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Andrews and Palmer Ltd.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE HELPING FOUNDATION1£307k
The Wavertree Education Trust Limited1£12k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE SIMON GIBSON CHARITABLE TRUST.