THE HUDSON FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the Foundation has free reserves of £1,058,051, which exceeds its stated core reserve policy target of £200,000. The Foundation relies on a wholly owned trading subsidiary for its principal funding and reports a net resource expenditure of £120,765 for the year, yet maintains adequate resources to continue in operational existence.
What the accounts disclose
“They have therefore established a core reserve of £200,000 to cover at least three years core expenditure assuming no Gift Aid receipts from Alan Hudson Ltd.”
“During November 2021, the Foundation made a grant commitment of £36,000 payable at £1,000 per month from January 2022 to the Wisbech and Fenland Museum (Registered Charity No 311307). A further grant of £39,000 was awarded in July 2024, payable at £1,000 per month from February 2025. Mr D W Ball is a Trustee of the Wisbech and Fenland Museum.” — page 32
“The principal funding source of the Foundation is the wholly owned trading subsidiary, Alan Hudson Limited, which rents the Foundation's property and donates any taxable profits by way of gift aid to the Foundation.” — page 4
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- David William Ballchair
- EDWARD CHARLES NEWLING
- Michael Leslie Hutchinson
- STEPHEN GROUNDS LAYTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £976k | £1.1m |
| 31/07/2024 | £1.2m | £1.3m |
| 31/07/2023 | £1.7m | £1.5m |
| 31/07/2022 | £716k | £1.0m |
| 31/07/2021 | £1.7m | £1.4m |
Common questions
Is THE HUDSON FOUNDATION financially healthy?
The accounts state that the Foundation has free reserves of £1,058,051, which exceeds its stated core reserve policy target of £200,000. The Foundation relies on a wholly owned trading subsidiary for its principal funding and reports a net resource expenditure of £120,765 for the year, yet maintains adequate resources to continue in operational existence. Its FY2025 accounts were audited by Wheelers.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMATEURS TRUST | 1 | £90k |
| THE 3 TS CHARITABLE TRUST | 1 | £10k |
| THE BATCHWORTH TRUST | 1 | £5k |
| FARRER AND CO CHARITABLE TRUST | 1 | £4k |