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

HIGGS CHARITABLE TRUST

Registered charity 267036 · accounts filings on the Charity Commission register

The Charity operates in the areas set in in the Charity Classifcation section of this Return.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Get email alerts

Latest income
£41k
Latest spending
£54k
Registered
1974
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted net assets increased to £1,375,575, supported by significant investment gains. The trustees report that reserves policy is to hold no reserves other than to meet immediate project needs, with cash capital reserves not exceeding £1,000 held at the bank. The charity is small, with total expenditure of £53,671 and no staff costs disclosed.

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

What the accounts disclose

Reserves policy: not hold reserves other than to meet immediate project needs. Cash capital reserves not exceeding £1,000 (held: £1.4m)
“It is the policy of the Trustees to not hold reserves other than to meet immediate project needs. Cash capital reserves not exceeding £1,000 are deposited with the Trustees Bankers and income distributed on an annual basis.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: R E Beresford is a partner at Mogers, Solicitors, from which the Trust acquired services.
“During the year the Trust entered into transactions with Mogers, Solicitors, of which R E Beresford is a partner. During the year services to the value of £4745 (2023: £10,161) were acquired from the firm. These transactions were charged at normal professional rates.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 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
11/12/2024£41k£54k
11/12/2023£38k£84k
11/12/2022£38k£84k
11/12/2021£35k£29k
11/12/2020£31k£43k

Common questions

Is HIGGS CHARITABLE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted net assets increased to £1,375,575, supported by significant investment gains. The trustees report that reserves policy is to hold no reserves other than to meet immediate project needs, with cash capital reserves not exceeding £1,000 held at the bank. The charity is small, with total expenditure of £53,671 and no staff costs disclosed. Its FY2024 accounts were independently examined.