HIGHWAY ONE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure deficit of £11,158 for the year ended 31 December 2023, following an income of £325,503. Despite this deficit, the trustees confirm that unrestricted fund balances remain substantial at £2,115,872, and they maintain a reasonable expectation that the charity has adequate resources to continue in operational existence.
What the accounts disclose
“A minimum of £10,000 is held in cash to cover three months of administration and expenditure costs.” — page 8
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- JACQUELINE SUSAN ELTONchair
- DUNCAN JAMES MCCALLUM
- Dr Sarah Rutherford
- Michael Armstrong
- NEIL WILLIAM MAYBIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £510k | £620k |
| 31/12/2023 | £326k | £337k |
| 31/12/2022 | £253k | £299k |
| 31/12/2021 | £272k | £304k |
| 31/12/2020 | £272k | £269k |
Common questions
Is HIGHWAY ONE TRUST financially healthy?
The accounts state that the charity reported a net expenditure deficit of £11,158 for the year ended 31 December 2023, following an income of £325,503. Despite this deficit, the trustees confirm that unrestricted fund balances remain substantial at £2,115,872, and they maintain a reasonable expectation that the charity has adequate resources to continue in operational existence. Its FY2023 accounts were independently examined.
Who funds HIGHWAY ONE TRUST?
Funders whose own accounts filings name HIGHWAY ONE TRUST as a grant recipient include UNSEEN (UK).
Known funders
| Funder | Year | Amount |
|---|---|---|
| UNSEEN (UK) | FY2025 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WILLIAM ADLINGTON CADBURY CHARITABLE TRUST | 1 | £357k |
| MOUNDFIELD CHARITIES LIMITED | 1 | £50k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |
| RINA CHARITABLE TRUST | 1 | £28k |
| THE BENZI DUNNER SCHOOLS TRUST | 1 | £27k |
| NEWPIER CHARITY LIMITED | 1 | £17k |
| THE RANDAL CHARITABLE FOUNDATION | 1 | £12k |