HELP A NEIGHBOUR IN DISTRESS SCHEME (HANDS)
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a significant surplus of £1,518,421 in 2024, driven primarily by a legacy receipt of £1,550,621, resulting in total unrestricted reserves increasing to £1,708,768. The trustees have designated the legacy funds separately, noting that free reserves remain at approximately £190,000, which they consider to be about three years' worth of operational funding against a policy target of five years. The charity is wholly reliant on voluntary donations and grants for ongoing income, with no permanent source of regular income.
What the accounts disclose
“Rick Stevenson Design Ltd, a company connected with a trustee, was paid £1,960 (2023 - £330) for design and artwork services.” — page 20
“R Austin, a spouse of a trustee, was reimbursed £49 (2023 - £243) for outing and office expenses she had paid for personally on the charity’s behalf.” — page 20
“Rick Stevenson Design Ltd, a company connected with a trustee, was paid £1,960 (2023 - £330) for design and artwork services.” — page 20
“R Austin, a spouse of a trustee, was reimbursed £49 (2023 - £243) for outing and office expenses she had paid for personally on the charity’s behalf.” — page 20
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (02/01/2025)
Trustees
- Thomas John Christopher Webbornchair
- Clara Stevenson
- Emma Juana Slater
- Maurice Austin
- Thomas Blacksell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.6m | £72k |
| 31/12/2023 | £17k | £44k |
| 31/12/2022 | £18k | £40k |
| 31/12/2021 | £42k | £56k |
| 31/12/2020 | £311k | £59k |
Common questions
Is HELP A NEIGHBOUR IN DISTRESS SCHEME (HANDS) financially healthy?
The accounts state that the charity achieved a significant surplus of £1,518,421 in 2024, driven primarily by a legacy receipt of £1,550,621, resulting in total unrestricted reserves increasing to £1,708,768. The trustees have designated the legacy funds separately, noting that free reserves remain at approximately £190,000, which they consider to be about three years' worth of operational funding against a policy target of five years. The charity is wholly reliant on voluntary donations and grants for ongoing income, with no permanent source of regular income. Its FY2024 accounts were independently examined.