TOWN AND MANOR OF HUNGERFORD CHARITY
Financial health, per its FY2024 accounts
The accounts state that the charity reported a decrease in total funds of £46,848 for the year ended 31 December 2024, driven by charitable expenditure exceeding income. Per the trustees' report, free reserves stood at £421,743, which is above the stated policy target of £361,504, though the trustees note this coverage is expected to decline as reserves are allocated to planned expenditures.
What the accounts disclose
“The level of reserves is intended to cover, at a minimum, two years of income loss from the fishery and the commons, equating to £361,504.” — page 21
“Red 76 Tax Ltd, a company controlled by one of the trustees charged the charity £1,176 (2023: £583) for software, payroll and pension administration services” — page 48
“During the year, there were food purchases made of £204 (2023: £205) from the Tutti Pole Teashoppe, a company in which a trustee is an owner manager.” — page 48
“Red 76 Tax Ltd, a company controlled by one of the trustees charged the charity £1,176 (2023: £583) for software, payroll and pension administration services” — page 48
“During the year, there were food purchases made of £204 (2023: £205) from the Tutti Pole Teashoppe, a company in which a trustee is an owner manager.” — page 48
“Red 76 Tax Ltd, a company controlled by one of the trustees charged the charity £1,176 (2023: £583) for software, payroll and pension administration services” — page 48
“During the year, there were food purchases made of £204 (2023: £205) from the Tutti Pole Teashoppe, a company in which a trustee is an owner manager.” — page 48
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Alistair Wilson Fyfe
- Christopher Charles Scorey
- JONATHAN WILLIAM WELFARE
- Julian Pole Winser
- Kate Druce Edwards
- Peter Joseph
- Philip Ian Porter
- Richard Handscombe
- Simon Jeremy Lee-Smith
- Steve Brunning
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £394k | £467k |
| 31/12/2023 | £546k | £364k |
| 31/12/2022 | £491k | £457k |
| 31/12/2021 | £561k | £525k |
| 31/12/2020 | £358k | £298k |
Common questions
Is TOWN AND MANOR OF HUNGERFORD CHARITY financially healthy?
The accounts state that the charity reported a decrease in total funds of £46,848 for the year ended 31 December 2024, driven by charitable expenditure exceeding income. Per the trustees' report, free reserves stood at £421,743, which is above the stated policy target of £361,504, though the trustees note this coverage is expected to decline as reserves are allocated to planned expenditures. Its FY2024 accounts were independently examined.