THE HEARTH FOUNDATION
The object of the Charity as stated in its constitution, is to advance such charitable purposes (according to the law of England and Wales) as the Trustees see fit from time to time.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £2,838,628, which the trustees consider sufficient to cover operating costs on its freehold investment properties. However, the charity reported a net expenditure of £110,091 for the year, resulting in a decrease in total funds from the previous year. The trustees expressed confidence in the investment performance and stated they do not intend to seek further funding.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free funds of the charity, at a relatively high level in order to provide sufficient funds to cover operating costs on the freehold investment properties.” — page 3
Property (HM Land Registry)
Trustees
- MICHAEL BOSWORTH FCAchair
- CHRIS BOSWORTH
- DR S BOSWORTH
- MRS H E BOSWORTH
- MRS J BOSWORTH
- MRS V M BOSWORTH M.ENG MBA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £133k | £184k |
| 05/04/2024 | £140k | £110k |
| 05/04/2023 | £121k | £153k |
| 05/04/2022 | £154k | £196k |
| 05/04/2021 | £116k | £115k |
Common questions
Is THE HEARTH FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £2,838,628, which the trustees consider sufficient to cover operating costs on its freehold investment properties. However, the charity reported a net expenditure of £110,091 for the year, resulting in a decrease in total funds from the previous year. The trustees expressed confidence in the investment performance and stated they do not intend to seek further funding. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TIM HENMAN FOUNDATION | 1 | £9k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
Charities like this
- THE HARGREAVES FOUNDATION
- THE HEARN FOUNDATION
- THE HERITAGE FOUNDATION
- Howden Foundation
- THE HARRY & MARY FOUNDATION
- THE HELPING FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE HEARTH FOUNDATION | £133k | — | 0 | unclear | — | no doubt |
| THE HARGREAVES FOUNDATION | £1.3m | £110,001 - £120,000 | — | above | — | no doubt |
| THE HEARN FOUNDATION | £4.4m | — | 0 | above | — | no doubt |
| THE HERITAGE FOUNDATION | £463k | — | 0 | above | — | no doubt |
| Howden Foundation | £1.3m | — | — | above | — | no doubt |
| THE HARRY & MARY FOUNDATION | £632k | — | 0 | unclear | — | no doubt |