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THE HENRY SMITH CHARITY

Registered charity 230102 · accounts filings on the Charity Commission register · also known as HENRY SMITH (ESTATES CHARITIES), HENRY SMITH (KENSINGTON ESTATES CHARITIES), SMITHS CHARITY, THE CHARITY OF HENRY SMITH (KENSINGTON ESTATE)

Latest income
£16.4m
Latest spending
£82.4m
Registered
1963
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total assets were well in excess of the £276 million core endowment, with unrestricted reserves held at nil throughout the year as funds were withdrawn from the endowment as required for grant-making. The charity reported a net movement in funds of £41.8 million, driven by investment gains, and confirmed it is a going concern with sufficient controls in place.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The Main Unrestricted fund balance was nil throughout the year, with the Charity withdrawing funds from the Endowment as required for grant-making.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Dads Unlimited for which Trustee Bella Colgrain is a patron.
“A grant of £210,000 was awarded during the year to Dads Unlimited for whom Bella Colgrain (Trustee) is a patron, and a grant of £34,204 was awarded to the Diocese of Leeds for whom Mark Granger (Trustee) is also connected.” — page 32
“A grant of £210,000 was awarded during the year to Dads Unlimited for whom Bella Colgrain (Trustee) is a patron, and a grant of £34,204 was awarded to the Diocese of Leeds for whom Mark Granger (Trustee) is also connected.” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Diocese of Leeds for which Trustee Mark Granger is connected.
“A grant of £210,000 was awarded during the year to Dads Unlimited for whom Bella Colgrain (Trustee) is a patron, and a grant of £34,204 was awarded to the Diocese of Leeds for whom Mark Granger (Trustee) is also connected.” — page 32
“A grant of £210,000 was awarded during the year to Dads Unlimited for whom Bella Colgrain (Trustee) is a patron, and a grant of £34,204 was awarded to the Diocese of Leeds for whom Mark Granger (Trustee) is also connected.” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Galop for which Trustee Ben Kernighan is CEO.
“A grant of £210,000 was awarded during the year to Dads Unlimited for whom Bella Colgrain (Trustee) is a patron, and a grant of £34,204 was awarded to the Diocese of Leeds for whom Mark Granger (Trustee) is also connected.” — page 32
“A grant of £210,000 was awarded during the year to Dads Unlimited for whom Bella Colgrain (Trustee) is a patron, and a grant of £34,204 was awarded to the Diocese of Leeds for whom Mark Granger (Trustee) is also connected.” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Property advisory services from Carter Jonas, where Trustee Mark Granger was Chief Executive.
“A grant of £210,000 was awarded during the year to Dads Unlimited for whom Bella Colgrain (Trustee) is a patron, and a grant of £34,204 was awarded to the Diocese of Leeds for whom Mark Granger (Trustee) is also connected.” — page 32
“A grant of £210,000 was awarded during the year to Dads Unlimited for whom Bella Colgrain (Trustee) is a patron, and a grant of £34,204 was awarded to the Diocese of Leeds for whom Mark Granger (Trustee) is also connected.” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Property advisory services from Cushman & Wakefield, where Trustee George Roberts is Chief Executive.
“A grant of £210,000 was awarded during the year to Dads Unlimited for whom Bella Colgrain (Trustee) is a patron, and a grant of £34,204 was awarded to the Diocese of Leeds for whom Mark Granger (Trustee) is also connected.” — page 32
“A grant of £210,000 was awarded during the year to Dads Unlimited for whom Bella Colgrain (Trustee) is a patron, and a grant of £34,204 was awarded to the Diocese of Leeds for whom Mark Granger (Trustee) is also connected.” — page 32
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£16.4m
Total spending
£82.4m
Cost of raising funds
£17.1m
Reserves (reported)
£6.9m
Employees
44

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£16.4m£82.4m
31/12/2023£14.4m£65.5m
31/12/2022£11.9m£80.7m
31/12/2021£11.0m£53.2m
31/12/2020£12.1m£55.4m

Common questions

Is THE HENRY SMITH CHARITY financially healthy?

The accounts state that total assets were well in excess of the £276 million core endowment, with unrestricted reserves held at nil throughout the year as funds were withdrawn from the endowment as required for grant-making. The charity reported a net movement in funds of £41.8 million, driven by investment gains, and confirmed it is a going concern with sufficient controls in place. Its FY2024 accounts were audited by Crowe U.K. LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
CORAM LIFE EDUCATION1£20k

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