Charity Accounts Intelreading the accounts so you don’t have to

HAIR AND BEAUTY CHARITY

Registered charity 1166298 · accounts filings on the Charity Commission register · also known as THE HAIRDRESSERS CHARITY, The Hair and Beauty Charity · also registered in Scotland as SC051293 (OSCR)

The Hair and Beauty Charity is dedicated to helping hair and beauty professionals in need. We offer financial support to individuals and their families facing difficult times due to unforeseen circumstances such as illness, bereavement and financial hardship.

Causes: The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£306k
Latest spending
£308k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total unrestricted funds carried forward were £2,746,675, with free reserves of £72,835. The trustees consider the ideal level of reserves to be three months of resources expended, approximately £76,963. The charity reports adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Fundraising cost ratio: 49.4% of fundraised income — above the 90th percentile for charities its size (median 2.9%)
“We are pleased to say that we managed to generate £87,142 from fundraising activities during the year.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of resources expended (held: £73k)
“The trustees consider that the ideal level of reserves as at 31 December 2024 would be three months of resources expended which is about £76,963.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Hair and Beauty Charity (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2020)

Total income
£825k
Total spending
£405k
Cost of raising funds
£36k
Reserves (reported)
£101k
Employees
2

Reported reserves equal ~3.0 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£306k£308k
31/12/2023£267k£290k
31/12/2022£289k£315k
31/12/2021£234k£375k
31/12/2020£825k£405k

Common questions

Is HAIR AND BEAUTY CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that total unrestricted funds carried forward were £2,746,675, with free reserves of £72,835. The trustees consider the ideal level of reserves to be three months of resources expended, approximately £76,963. The charity reports adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.