THE HARDY FOUNDATION

Registered charity 1181246 · accounts filings on the Charity Commission register

Making grants

Causes: Education/training · Disability · The Prevention Or Relief Of Poverty · Animals · Grant history (this charity is a funder) · Get email alerts

Latest income

£2.8m

Latest spending

£212k

Registered

2018

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £2,832,896, significantly exceeding the trustees' policy target of covering one year's administrative costs. The charity reported a net income of £2,612,768 driven by a large donation, while maintaining a going concern status with no material uncertainties identified by the auditors.

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

What the accounts disclose

Reserves policy: one year’s administrative costs (held: £2.8m)

“the trustees aim to maintain unrestricted reserves sufficient to cover at least one year’s administrative costs.”

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Grant to REORG

“During the year the charity paid a grant of £200,000 (2023 - £10,000) to REORG (charity number: 1192223), a charity in which Edward Thomas Hardy is a former trustee.” — page 23

“During the year, the charity received donations, with no conditions attached, from a related company controlled by a trustee of £2,683,000 (2023: £nil).” — page 23

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Donation from related company

“During the year the charity paid a grant of £200,000 (2023 - £10,000) to REORG (charity number: 1192223), a charity in which Edward Thomas Hardy is a former trustee.” — page 23

“During the year, the charity received donations, with no conditions attached, from a related company controlled by a trustee of £2,683,000 (2023: £nil).” — page 23

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Donations from trustees

“During the year the charity paid a grant of £200,000 (2023 - £10,000) to REORG (charity number: 1192223), a charity in which Edward Thomas Hardy is a former trustee.” — page 23

“During the year, the charity received donations, with no conditions attached, from a related company controlled by a trustee of £2,683,000 (2023: £nil).” — page 23

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Fiander ETL. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income

£2.8m

Total spending

£212k

Reserves (reported)

£2.8m

Employees

Reported reserves equal ~160.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

EDWARD THOMAS HARDYchair
EDWARD JOHN HARDY
RICHARD JEREMY PAUL

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

Operates in: Nepal · Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2024	£2.8m	£212k
31/12/2023	£3k	£42k
31/12/2022	£94k	£79k
31/12/2021	£23	£26k
31/12/2020	£150k	£25k

Common questions

Is THE HARDY FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £2,832,896, significantly exceeding the trustees' policy target of covering one year's administrative costs. The charity reported a net income of £2,612,768 driven by a large donation, while maintaining a going concern status with no material uncertainties identified by the auditors. Its FY2024 accounts were audited by Fiander ETL.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE ADDERSTONE FOUNDATION	1	£1.2m
THE TIM HENMAN FOUNDATION	1	£9k
BOOST CHARITABLE TRUST	1	£7k
THE EDWARD AND DOROTHY CADBURY TRUST	1	£1k
Evergreen Care UK	1	£500

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HEDLEY FOUNDATION LIMITED.

HEDLEY FOUNDATION LIMITED income £1.5m
RATANBEN ZAVERCHAND KARA FOUNDATION income £162k
THE HERITAGE FOUNDATION income £463k
THE HARGREAVES FOUNDATION income £1.3m
KUSZER TZEDAKAH income £141k
THE ZAHA HADID FOUNDATION income £9.2m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
THE HARDY FOUNDATION	£2.8m	—	0	unclear	—	no doubt
HEDLEY FOUNDATION LIMITED FY2024	£1.5m	—	0	above	—	no doubt
RATANBEN ZAVERCHAND KARA FOUNDATION FY2025	£162k	—	0	above	—	no doubt
THE HERITAGE FOUNDATION FY2025	£463k	—	0	above	—	no doubt
THE HARGREAVES FOUNDATION FY2025	£1.3m	£110,001 - £120,000	—	above	—	no doubt
KUSZER TZEDAKAH FY2025	£141k	—	0	above	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.