THE HARGREAVES FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £72,449,619 following significant investment gains of £7,032,754, which offset a net expenditure on charitable activities of £3,578,131. The trustees maintain that the charity is a going concern with no material uncertainties identified regarding its ability to continue operations. Reserves are held as unrestricted funds with a policy focused on maintaining suitable cash balances for liquidity rather than a specific multi-month expenditure target.
What the accounts disclose
“In the band £110,001 - £120,000 1”
“The Trustees will endeavour to ensure that suitable cash balances are maintained at all times to ensure the smooth operation of the Foundation and appropriate liquidity at all times.” — page 14
Year-over-year changes
- Top pay band moved from £90,001 - £100,000 (FY2024) to £110,001 - £120,000 (FY2025).
Leadership, per the charity’s website
- Peter Hargreaves — Founder
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- PETER KENDAL HARGREAVESchair
- LOUISA ROSE HARGREAVES
- NIGEL JAMES BENCE
- Robert Kendal Hargreaves
- Rosemary Hargreaves
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £1.3m | £4.2m |
| 31/01/2024 | £1.2m | £3.0m |
| 31/01/2023 | £378k | £1.7m |
| 31/01/2022 | £2.4m | £1.1m |
| 31/01/2021 | £91.5m | £489k |
Common questions
Is THE HARGREAVES FOUNDATION financially healthy?
The accounts state that unrestricted funds increased to £72,449,619 following significant investment gains of £7,032,754, which offset a net expenditure on charitable activities of £3,578,131. The trustees maintain that the charity is a going concern with no material uncertainties identified regarding its ability to continue operations. Reserves are held as unrestricted funds with a policy focused on maintaining suitable cash balances for liquidity rather than a specific multi-month expenditure target. Its FY2025 accounts were audited by PKF Francis Clark.
What does the highest-paid employee of THE HARGREAVES FOUNDATION earn?
Per its FY2025 accounts, the highest-paid employee was in the £110,001 - £120,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
| Evergreen Care UK | 1 | £500 |