HODNET CONSOLIDATED ELEEMOSYNARY CHARITIES
Provide grants to individuals and organisations.
Objects
SEE INDIVIDUAL CONSTITUENTS
Financial health, per its FY2024 accounts
The accounts state that the charity had unrestricted reserves of £400,958.47 at the year end, representing a net decrease from the previous year's £377,344.25 due to a significant investment loss. The trustees report a surplus on charitable activities of £22,285.95, but this was offset by a net movement on investments of (333,000.00). Total assets stood at £1,407,756.80, primarily driven by investment assets valued at £1,317,512.38.
What the accounts disclose
Policies the charity declares
- Investing charity funds policy and procedures
- Investment
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2021)
Trustees
- DOCTOR JAMES ROMESH MEHTAchair
- ANN TAYLOR
- DAVID MICHAEL MORGAN
- GILLIAN MARY ROBERTS
- JANICE MARGARET PARKER
- JOHN HENRY POWELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £34k | £344k |
| 31/12/2023 | £33k | £8k |
| 31/12/2022 | £362k | £19k |
| 31/12/2021 | £1.0m | £971k |
| 31/12/2020 | £6k | £4k |
Common questions
Is HODNET CONSOLIDATED ELEEMOSYNARY CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity had unrestricted reserves of £400,958.47 at the year end, representing a net decrease from the previous year's £377,344.25 due to a significant investment loss. The trustees report a surplus on charitable activities of £22,285.95, but this was offset by a net movement on investments of (333,000.00). Total assets stood at £1,407,756.80, primarily driven by investment assets valued at £1,317,512.38. Its FY2024 accounts were independently examined.