HAYS TRAVEL FOUNDATION
Latest income
£388k
Latest spending
£469k
Registered
2015
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity incurred a net deficit of £92,001 for the year ended 30 April 2023, resulting in unrestricted reserves of £60,084. The trustees note that financial sustainability risks are mitigated by the support of Hays Travel Limited, which provided the majority of the charity's funding.
What the accounts disclose
Reserves policy: no intention to build up extensive reserves (held: £60k)
“There is no intention to build up extensive reserves; instead, income received will largely be expended in year on grants.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Hays Travel Limited donated £150,000 to the Foundation during the year. Dame Irene Hays and Ken Campling are Trustees on the Board of Trustees, are also directors of Hays Travel Limited. Dame Irene Hays is the majority shareholder in Hays Travel Limited.
“Hays Travel Limited donated £150,000 (2022: £91) to the Foundation during the year. During the year, there have been nil costs calculated from employees of Hays Travel Limited spending time carrying out the Foundation’s objectives. No Trustees received gifts from Hays Travel Limited in respect to their services as Trustees. The total value of these gifts was £Nil (2022: £Nil). No Trustee expenses have been reimbursed in the year (2022: £Nil).” — page 14
Per its FY2023 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 09357982
Trustees
- Dorothy Gregory
- IRENE HAYS
- Kenneth Peter Campling
- MICHAEL DILLON
- PROF PETER MICHAEL FIDLER MBE
- WILLIAM DAVID FLEETWOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £388k | £469k |
| 30/04/2024 | £397k | £338k |
| 30/04/2023 | £169k | £261k |
| 30/04/2022 | £100k | £40 |
| 30/04/2021 | £132k | £81k |
Common questions
Is HAYS TRAVEL FOUNDATION financially healthy?
The accounts state that the charity incurred a net deficit of £92,001 for the year ended 30 April 2023, resulting in unrestricted reserves of £60,084. The trustees note that financial sustainability risks are mitigated by the support of Hays Travel Limited, which provided the majority of the charity's funding. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOHN BROWNE CHARITABLE TRUST | 1 | £130k |
| Impact London Collective | 1 | £50k |
| ROSA FUND | 1 | £26k |
| SMALLWOOD TRUST | 1 | £21k |
| THE EVAN CORNISH FOUNDATION | 1 | £15k |
| THE BUZZACOTT STUART DEFRIES MEMORIAL FUND | 1 | £5k |
| ANOTHER WAY WOMEN'S FOUNDATION | 1 | £4k |
| C B AND H H TAYLOR 1984 TRUST | 1 | £2k |