THE JOE HYMAN CHARITABLE TRUST
The object of the charity is to make a wide range of charitable donations at the discretion of the trustees, who identify projects and organisations they wish to support as well as organisations who apply speculatively. The trustees also have a policy of not responding to any correspondence unless it relates to grants it has agreed to make, or to the general management of the trust.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £58,884 for the year ended 5 April 2025, driven by investment income and gains. Free reserves stood at £1,165,218, which exceeds the stated policy target of accumulating income on deposit for grant-making. The trustees confirmed the accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Dividend Income 45.121” — page 10
“The Trustees’ policy on reserves is to accumulate income on deposit account with interest paid gross and instant access for the purpose of making donations.” — page 7
“Support costs include accountancy fees of £1,314 (2024 £1,244) and were paid to TC Group, a firm of which David R Leigh, a Trustee, is a Partner. This is permitted under provisions in the Trust Deed.” — page 13
“Governance costs include £2,460 (2024 £2,460) in respect of Trust administration, which were paid to TC Group.” — page 13
“Support costs include accountancy fees of £1,314 (2024 £1,244) and were paid to TC Group, a firm of which David R Leigh, a Trustee, is a Partner. This is permitted under provisions in the Trust Deed.” — page 13
“Governance costs include £2,460 (2024 £2,460) in respect of Trust administration, which were paid to TC Group.” — page 13
Trustees
- SIMONE HYMANchair
- DAVID LEIGH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £49k | £11k |
| 05/04/2024 | £49k | £12k |
| 05/04/2023 | £54k | £20k |
| 05/04/2022 | £41k | £9k |
| 05/04/2021 | £41k | £26k |
Common questions
Is THE JOE HYMAN CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £58,884 for the year ended 5 April 2025, driven by investment income and gains. Free reserves stood at £1,165,218, which exceeds the stated policy target of accumulating income on deposit for grant-making. The trustees confirmed the accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.