THE HARWOOD CHARITABLE TRUST
Latest income
£364k
Latest spending
£379k
Registered
2021
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted funds have fallen into a deficit of £4,826, resulting in total net liabilities of £4,826. The trustees attribute this to the reliance on the Harwood Group for funding administrative costs and general donations 'as and when required' to maintain operational existence.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The charity keeps reserves to a minimum, as donations from the Harwood group are made ‘as and when needed'.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“Harwood Group are committed to donate to the Trust as and when required, to fund administrative costs and other general donations, at the request of the trustees. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 15
“During the year, donations totalling £360,200 (2024: £198,197) were received from Growth Financial Services Limited, a company where one of the trustees is a director.” — page 18
“During the year, scholarship fees totalling £201,074 (2024: £123,197) were payable to Learna Limited, to sponsor students enrolling in various higher medical education programmes.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 15
“During the year, donations totalling £360,200 (2024: £198,197) were received from Growth Financial Services Limited, a company where one of the trustees is a director.” — page 18
“During the year, scholarship fees totalling £201,074 (2024: £123,197) were payable to Learna Limited, to sponsor students enrolling in various higher medical education programmes.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 15
“During the year, donations totalling £360,200 (2024: £198,197) were received from Growth Financial Services Limited, a company where one of the trustees is a director.” — page 18
“During the year, scholarship fees totalling £201,074 (2024: £123,197) were payable to Learna Limited, to sponsor students enrolling in various higher medical education programmes.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Christopher Harwood Bernard Millschair
- Alan Richard Durrant
- Charles Patrick Harwood Mills
- Harry Christopher Harwood Mills
- Nicholas Harwood Bertram Mills
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £364k | £379k |
| 31/03/2024 | £198k | £193k |
| 31/03/2023 | £104k | £100k |
Common questions
Is THE HARWOOD CHARITABLE TRUST financially healthy?
The accounts state that the charity's unrestricted funds have fallen into a deficit of £4,826, resulting in total net liabilities of £4,826. The trustees attribute this to the reliance on the Harwood Group for funding administrative costs and general donations 'as and when required' to maintain operational existence. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £33k |
| THE KNIGHTLAND FOUNDATION | 1 | £30k |