HAS TRUST
To provide accommodation , activities and skills development to people including young adults affected by learning disability and/or mental health issues in the South West of England via 3rd party charitable organisations .
Objects
“THE OBJECTS OF THE CHARITY ARE TO RELIEVE THE NEEDS OF PEOPLE THROUGHOUT THE SOUTH WEST OF ENGLAND WITH LEARNING DISABILITIES AND/OR MENTAL HEALTH DIFFICULTIES AND IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING, YOUNG ADULTS AGED BETWEEN 18 AND 30 (“THE BENEFICIARIES”), BY PROVIDING ACCOMMODATION, SUPPORT AND SERVICES TO ASSIST IN ACHIEVING GREATER INDEPENDENCE AND QUALITY OF LIFE WHEREVER POSSIBLE AND IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING THE CHARITY MAY: 1.1.1 HELP IMPROVE THE BENEFICIARIES’ QUALITY OF LIFE THROUGH THE PROVISION OF ACTIVITIES AND ASSIST IN DEVELOPING THEIR SKILLS (FOR EXAMPLE THROUGH THE USE OF COMMUNITY ART PROJECTS).1.1.2 PROVIDE RESIDENTIAL ACCOMMODATION TO THE BENEFICIARIES.AND IN SUCH OTHER WAYS AS THE TRUSTEES THINK FIT GUIDED ALWAYS BY VALUES OF UNCONDITIONAL CARE AND INCLUSIVENESS TOWARDS THE BENEFICIARIES. 1.2 THIS PROVISION MAY BE AMENDED BY SPECIAL RESOLUTION BUT ONLY WITH THE PRIOR WRITTEN CONSENT OF THE COMMISSION”
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net decrease in funds of £50,581 for the year ended 31 August 2025, primarily due to a £100,000 transfer to an endowment fund. Despite this outflow, unrestricted reserves remain substantial at £739,235, supported by a £750,000 investment property and £32,954 in cash. The trustees confirm that resources are adequate and no material uncertainties exist regarding the charity's ability to continue its activities.
What the accounts disclose
“Income for the year was higher than the previous year with bank interest of £1,559 on top of increased rental income of £ 25,043 .” — page 4
Trustees
- STEPHEN JOHN MAGRATHchair
- ANDREW DALTON HORNSBY
- JIEUN LEE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £52k | £102k |
| 31/08/2024 | £27k | £2k |
| 31/08/2023 | £23k | £2k |
| 31/08/2022 | £21k | £45k |
| 31/08/2021 | £20k | £51k |
Common questions
Is HAS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net decrease in funds of £50,581 for the year ended 31 August 2025, primarily due to a £100,000 transfer to an endowment fund. Despite this outflow, unrestricted reserves remain substantial at £739,235, supported by a £750,000 investment property and £32,954 in cash. The trustees confirm that resources are adequate and no material uncertainties exist regarding the charity's ability to continue its activities. Its FY2025 accounts were independently examined.