THE HURSTCOTE CHARITABLE FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased from £205,233 to £230,982, driven by a net income of £25,749 against total expenditure of £17,153. The charity holds significant unrestricted reserves, primarily comprising an investment property valued at £193,000, indicating a stable financial position with no stated policy target for comparison.
What the accounts disclose
“The Trustees have adopted a reserves policy to ensure that the charity maintains sufficient financial stability to cover unforeseen expenses and future programme costs.” — page 5
“donations of £1,224 were received from, and a grant of £8,996 was made to, Forge on the Green Ltd. Two of the trustees, Thomas and Osha Hufton, are the only directors and shareholders of this company.” — page 15
“During the year the trustees made aggregate donations of £6,500 to the charity.” — page 15
“donations of £1,224 were received from, and a grant of £8,996 was made to, Forge on the Green Ltd. Two of the trustees, Thomas and Osha Hufton, are the only directors and shareholders of this company.” — page 15
“During the year the trustees made aggregate donations of £6,500 to the charity.” — page 15
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £164k | £37k |
| 05/04/2024 | £43k | £17k |
| 05/04/2023 | £2k | £2k |
| 05/04/2022 | £184 | £2k |
| 05/04/2021 | £5k | £46k |
Common questions
Is THE HURSTCOTE CHARITABLE FOUNDATION financially healthy?
The accounts state that unrestricted funds increased from £205,233 to £230,982, driven by a net income of £25,749 against total expenditure of £17,153. The charity holds significant unrestricted reserves, primarily comprising an investment property valued at £193,000, indicating a stable financial position with no stated policy target for comparison. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KIDS IN KATHMANDU NEPAL | 1 | £22k |