HANDSPARK CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £235,777 at the period end, representing a surplus for the year. The trustees report that the charity would have been unable to continue paying grants without a cash injection due to delays in receiving Gift Aid from HMRC, which was resolved via a trustee loan. The trustees intend to maintain sufficient cash reserves to enable grants and provide flexibility for emergency payments.
What the accounts disclose
“The Trustees also intend to maintain sufficient cash reserves to enable grants to be made and to give flexibility to make emergency payments to worthy causes as the need arises.”
“The charity received £181,166 (2023 - £225,100) from the John Haynes Discretionary Settlement, a trust of which J Haynes is a Trustee.” — page 15
“The charity paid grants to World Bicycle Relief UK of £20,000 (2023 - £20,000), a charity of which J Haynes is a trustee. There are no special terms imposed on this grant and it was approved in the same way as all other grants paid.” — page 15
“The charity received £181,166 (2023 - £225,100) from the John Haynes Discretionary Settlement, a trust of which J Haynes is a Trustee.” — page 15
“The charity paid grants to World Bicycle Relief UK of £20,000 (2023 - £20,000), a charity of which J Haynes is a trustee. There are no special terms imposed on this grant and it was approved in the same way as all other grants paid.” — page 15
Trustees
- JOHN HAROLD COLEMAN HAYNESchair
- Annette Constance Haynes
- Catherine Wigington
- Rebecca Elenor Beresford
- Valencia Rose Haynes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £420k | £287k |
| 31/12/2023 | £325k | £223k |
Common questions
Is HANDSPARK CHARITABLE TRUST financially healthy?
The accounts state that the charity held unrestricted reserves of £235,777 at the period end, representing a surplus for the year. The trustees report that the charity would have been unable to continue paying grants without a cash injection due to delays in receiving Gift Aid from HMRC, which was resolved via a trustee loan. The trustees intend to maintain sufficient cash reserves to enable grants and provide flexibility for emergency payments. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| M B FOUNDATION (ALSO KNOWN AS MOSSAD HORAV MOSHE ARYEH HALEVY) | 1 | £490k |
| THE TURNER-KIRK TRUST | 1 | £33k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |
| UK FRIENDS OF YAD YISROEL INCORPORATING SPONSOR A MEAL FOUNDATION | 1 | £1k |
| BCH TRUST | 1 | £1k |