THE HURSTCOTE CHARITABLE FOUNDATION
The principle activities of Forging Futures, the working name of the charity, is to help children, young people and adults feel supported, safe and have access to education, training and employment.
Objects
THE OBJECTS OF THE TRUST ARE TO BENEFIT SUCH REGISTERED CHARITIES OR SUCH CHARITABLE PURPOSES AND IN SUCH PROPORTIONS AND IN SUCH MANNER AND SUBJECT TO SUCH TERMS AND CONDITIONS AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION THINK FIT FROM TIME TO TIME.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £127,468 for the year, with total unrestricted reserves of £340,450. The trustees report that these reserves are in line with their reserves policy, which aims to ensure sufficient financial stability to cover unforeseen expenses and future programme costs.
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
“During the year, donations of £884 (£1,224 : 2024) and fundraising income of £2,900 (£0 : 2024) were received from Forge on the Green Ltd. Furthermore, a total of £24,300 (£8,996 : 2024) was granted to Forge on the Green Ltd. The Hurstcote Foundation delivers its charitable programmes through a grant-funded partnership with Forge on the Green. Two of the trustees, Thomas and Osha Hufton, are the only directors and shareholders of this company.” — page 14
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
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?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £127,468 for the year, with total unrestricted reserves of £340,450. The trustees report that these reserves are in line with their reserves policy, which aims to ensure sufficient financial stability to cover unforeseen expenses and future programme costs. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE 4814 TRUST | 2 | £25k |
| THE KPMG FOUNDATION | 1 | £300k |
| KIDS IN KATHMANDU NEPAL | 1 | £42k |
| Z V M RANGOONWALA FOUNDATION | 1 | £40k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £33k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £29k |
| THE LONDON MARATHON CHARITABLE TRUST LIMITED | 1 | £23k |
| THE WILL CHARITABLE TRUST | 1 | £10k |
Charities like this
- NOW FOSTER: THE FUTURE LTD
- RIO FERDINAND FOUNDATION
- FUTURE
- FUTURE FOR ALL
- AJ BELL FUTURES FOUNDATION
- THE OUTLOOK FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE HURSTCOTE CHARITABLE FOUNDATION | £164k | — | 0 | above | — | no doubt |
| NOW FOSTER: THE FUTURE LTD | £327k | — | 0 | unclear | — | no doubt |
| RIO FERDINAND FOUNDATION | £1.3m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| FUTURE | £268k | — | 0 | above | — | no doubt |
| FUTURE FOR ALL | £140k | — | 0 | unclear | — | no doubt |
| AJ BELL FUTURES FOUNDATION | £570k | — | 0 | unclear | — | no doubt |