HENDERSON HUB COMPANY LIMITED
Providing facilities for the use of the inhabitants of Abbots Langley, without distinction of political, religious or other opinions, for recreation and leisure time occupation, with the object of improving the conditions of life; Advancement of the arts for public benefit through the provision of facilities to enable participation in a wide range of visual, literary and performing arts
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £10,715 for the year ended 31 March 2025, increasing its total funds to £85,169. The trustees report that unrestricted reserves of £55,516 exceed their stated policy target of three to six months of expenditure. However, the trustees note a challenging outlook due to a change in funding approach from a key grantor, Abbots Langley Parish Council.
What the accounts disclose
“The Trustees have agreed that the Charity should seek to retain between three and six months of the coming year's expenditure budget in unrestricted reserves. As at 31 March 2025, unrestricted reserves were £55,516, representing more than six months of planned expenditure for the 2025/26 financial year (expenditure budget for 2025/26 set at £101,302).” — page 5
“The Trustees have agreed that the Charity should seek to retain between three and six months of the coming year's expenditure budget in unrestricted reserves.” — page 5
“Despite this year's result, we are predicting a challenging couple of years due to a change in approach from ALPC. Our next application will only support project funding and will be the last application we can make in the next 2-year period. Funding therefore needs to be reviewed as a matter of urgency.” — page 4
“The Charity has a close relationship with Abbots Langley Parish Council, who act as the Custodian Trustees of the Henderson Hall, and with the Henderson Memorial Hall Trustees who are a registered charity and act as the Management Trustees. These parties act as the landlord for the Henderson Hub Company lease over the Henderson Hall” — page 5
Funders the charity credits
- ALPC
- Co-op Local Community Fund
Trustees
- Andrew John Thomson
- Janet Linda Perry
- Jean Catherine James
- Robert Mckeever
- Shirley Ann Watts
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £112k | £101k |
| 31/03/2024 | £92k | £88k |
| 31/03/2023 | £108k | £120k |
| 31/03/2022 | £100k | £100k |
| 31/03/2021 | £84k | £88k |
Common questions
Is HENDERSON HUB COMPANY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £10,715 for the year ended 31 March 2025, increasing its total funds to £85,169. The trustees report that unrestricted reserves of £55,516 exceed their stated policy target of three to six months of expenditure. However, the trustees note a challenging outlook due to a change in funding approach from a key grantor, Abbots Langley Parish Council. Its FY2025 accounts were independently examined.