Charity Accounts Intelreading the accounts so you don’t have to

THE INTERNATIONAL HERMENEUTIC SOCIETY

Registered charity 263101 · accounts filings on the Charity Commission register

The IHS exists to make known and propagate hermeneutic techniques and disciplines so that mankind might better understand itself. Hermeneutics is the science of interpretation, discovery and communication of the teachings of world scriptures. We run Tan-y-Garth Hall Retreat in North Wales to provide practical opportunities for people to explore & apply such works for improving personal wellbeing.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Latest income
£45k
Latest spending
£48k
Registered
1971
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net loss of £3,367 for the year, resulting in a reduction of unrestricted net assets from £746,361 to £742,994. Despite this loss and significant drops in grant and course income, the Trustees consider the financial position healthy, citing sufficient free reserves and successful management of cash flow through cost-cutting and strategic shifts in accommodation trading.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: appropriate to the Charity's needs... based on the Charity's size and the level of financial commitments held (held: £743k)
“The Trustees aim to ensure the Charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/10/2024£45k£48k
31/10/2023£59k£74k
31/10/2022£53k£70k
31/10/2021£26k£64k
31/10/2020£28k£28k

Common questions

Is THE INTERNATIONAL HERMENEUTIC SOCIETY financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net loss of £3,367 for the year, resulting in a reduction of unrestricted net assets from £746,361 to £742,994. Despite this loss and significant drops in grant and course income, the Trustees consider the financial position healthy, citing sufficient free reserves and successful management of cash flow through cost-cutting and strategic shifts in accommodation trading. Its FY2024 accounts were independently examined.