HEDLEY FOUNDATION LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity holds total unrestricted funds of £42,062,801, with consolidated free reserves of £1,110,178. The trustees consider the appropriate target level of consolidated free reserves to be twelve months of operating expenditure, and the current level represents eleven months of such expenditure. The charity relies entirely on invested assets for funding and maintains a cautious approach to expenditure amidst macro-economic threats.
What the accounts disclose
“The current level of consolidated free reserves at 31 March 2023 is in line with this target, representing eleven months of operating and grant-making expenditure.” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- SIR ANDREW CHARLES FORD GCVOchair
- ALEXANDER SCULLY
- ANGUS EDWARD FANSHAWE
- CHARLES ALBURY BENNETT
- LORNA BARBARA MARGARITE STUTTAFORD
- PATRICK ROY HOLCROFT LVO OBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.5m | £1.5m |
| 31/03/2024 | £1.6m | £1.4m |
| 31/03/2023 | £1.3m | £1.3m |
| 31/03/2022 | £1.3m | £1.1m |
| 31/03/2021 | £1.1m | £656k |
Common questions
Is HEDLEY FOUNDATION LIMITED financially healthy?
The accounts state that the charity holds total unrestricted funds of £42,062,801, with consolidated free reserves of £1,110,178. The trustees consider the appropriate target level of consolidated free reserves to be twelve months of operating expenditure, and the current level represents eleven months of such expenditure. The charity relies entirely on invested assets for funding and maintains a cautious approach to expenditure amidst macro-economic threats. Its FY2023 accounts were audited by PKF Littlejohn LLP.
Who funds HEDLEY FOUNDATION LIMITED?
Funders whose own accounts filings name HEDLEY FOUNDATION LIMITED as a grant recipient include Evergreen Care UK.
Known funders
| Funder | Year | Amount |
|---|---|---|
| Evergreen Care UK | FY2024 | £500 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| ATTEND | 1 | £60k |
| CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO | 1 | £30k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |