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HAY CASTLE TRUST

Registered charity 1144524 · accounts filings on the Charity Commission register · also known as HAY CASTLE TRUST LIMITED

The Company's objects are to preserve the heritage of Hay Castle in Hay-on-Wye and to advance educationon the architecture of the building, local history and the arts by the purchase and preservation of the buildingand its surrounding land.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£526k
Latest spending
£524k
Registered
2011
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net income of £2,250 for the year ended 30 April 2025, with total unrestricted reserves standing at £9,564,503. Per the trustees' report, adjusted free reserves were approximately £129,500, which represents 100% of the stated policy target of three months' operating expenses. The trustees and auditors confirm that the financial statements are prepared on a going concern basis with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: more than £60,000 — below the median for charities its size (£60k)
“One employee received emoluments in excess of £60,000.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee received emoluments in excess of £60,000.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months operating expenses, or approximately £130,000 (held: £9.6m)
“The target is an amount sufficient to cover at least three months operating expenses, or approximately £130,000.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Hay Castle Trading Limited
“Some of these activities are carried out through a subsidiary company, Hay Castle Trading Limited, which donates its profits to the Trust.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by MHA. Discloses 6 of 6 completeness components.

Corporate structure

HAY CASTLE TRADING LIMITED — per its own Companies House accounts
  • Donated/gift-aided to the charity: £55k
  • Creditors include £10,088 owed to group undertakings (2024: £0).
“During the year the company paid a donation of £55,408 (2024: £51,681) to its parent undertaking, Hay Castle Trust.”

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 30/04/2025)

Total income
£526k
Total spending
£524k
Cost of raising funds
£27k
Reserves (reported)
£130k
Employees
8

Reported reserves equal ~3.0 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (47% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 5.1% of total income — above the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Herefordshire · Powys

Income and spending

Financial year endIncomeSpending
30/04/2025£526k£524k
30/04/2024£558k£534k
30/04/2023£616k£476k
30/04/2022£1.3m£162k
30/04/2021£1.5m£92k

Common questions

Is HAY CASTLE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a net income of £2,250 for the year ended 30 April 2025, with total unrestricted reserves standing at £9,564,503. Per the trustees' report, adjusted free reserves were approximately £129,500, which represents 100% of the stated policy target of three months' operating expenses. The trustees and auditors confirm that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by MHA.

What does the highest-paid employee of HAY CASTLE TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the more than £60,000 band, and 1 employees earned over £60,000.

Who funds HAY CASTLE TRUST?

Funders whose own accounts filings name HAY CASTLE TRUST as a grant recipient include MOONDANCE FOUNDATION, COLWINSTON CHARITABLE TRUST, The Ashley Family Foundation, SR & PH Southall Trust, THE MUMFORD MEMORIAL TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
MOONDANCE FOUNDATIONFY2022£292kCauses in Wales
MOONDANCE FOUNDATIONFY2023£25k
COLWINSTON CHARITABLE TRUSTFY2024£12kCover 50% of the costs for Hidden Gifts — Refugee Artists in Wales.
The Ashley Family FoundationFY2024£10k
SR & PH Southall TrustFY2022£10kGrants to institutions
The Ashley Family FoundationFY2025£10k
COLWINSTON CHARITABLE TRUSTFY2025£6kExhibition celebrating 20th Century Welsh artists
THE MUMFORD MEMORIAL TRUSTFY2022£5k
ASSOCIATION OF INDEPENDENT MUSEUMSFY2025£4kWales Contactless Donation Box Grant
HEREFORDSHIRE COMMUNITY FOUNDATIONFY2025£2k

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund22/11/2024£20kHay Castle Living Lawn
The National Lottery Heritage Fund25/03/2014£5.9m"The Regeneration of Hay Castle"