THE ALBERT HUNT TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity made a deficit of £5,196,005 for the year, reducing unrestricted funds to £46,870,107. Per the trustees' report, the charity is in the process of spending down its assets to close by January 2029, having restructured its investment portfolio to significantly reduce risk. The trustees consider the current level of free reserves sufficient to meet grant-making commitments and the planned closure.
What the accounts disclose
“The Trustees consider that the current level of free reserves is sufficient to allow the charity to continue its intended grant making strategy and meet any commitments throughout the period to 2029 and the closure of the Trust.” — page 10
Structured financials (annual return, FY ending 05/04/2025)
Register events
- Received assets from another charity (22/05/2026)
- Received assets from another charity (17/10/2019)
Trustees
- BRIDGET MARY MCGUIREchair
- Ian Reid Fleming
- Kate Spence
- Stephen Harvey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £1.5m | £10.8m |
| 05/04/2024 | £1.5m | £7.9m |
| 05/04/2023 | £1.1m | £7.8m |
| 05/04/2022 | £901k | £6.4m |
| 05/04/2021 | £1.4m | £4.8m |
Common questions
Is THE ALBERT HUNT TRUST financially healthy?
The accounts state that the charity made a deficit of £5,196,005 for the year, reducing unrestricted funds to £46,870,107. Per the trustees' report, the charity is in the process of spending down its assets to close by January 2029, having restructured its investment portfolio to significantly reduce risk. The trustees consider the current level of free reserves sufficient to meet grant-making commitments and the planned closure. Its FY2024 accounts were audited by Buzzacott LLP.
Who funds THE ALBERT HUNT TRUST?
Funders whose own accounts filings name THE ALBERT HUNT TRUST as a grant recipient include MACMILLAN CARING LOCALLY, HABITAT FOR HUMANITY GREAT BRITAIN, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CATHERINE'S, WAKEFIELD.
Known funders
| Funder | Year | Amount |
|---|---|---|
| MACMILLAN CARING LOCALLY | FY2023 | £10k |
| HABITAT FOR HUMANITY GREAT BRITAIN | FY2023 | £6k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST CATHERINE'S, WAKEFIELD | FY2023 | £500 |