HALLE ENDOWMENT TRUST
Latest income
£293k
Latest spending
£351k
Registered
1983
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity holds total fund balances of £7,641,073, comprising two permanent endowment funds. The trustees report that reserves are maintained above the stated target buffer level, and the auditor confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: 20% of the market value of investments (held: £7.6m)
“On the basis of information from the Investment Managers the trustees have set the target level for this “Buffer reserve” at 20% of the market value of investments”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The Hallé Endowment Trust is a subsidiary of the Hallé Concerts Society and is aggregated in the group accounts of the Society. The Society is a registered charity (number 223882) and a company limited by guarantee (number 62753), incorporated in the UK.
“The Hallé Endowment Trust is a subsidiary of the Hallé Concerts Society and is aggregated in the group accounts of the Society. The Society is a registered charity (number 223882) and a company limited by guarantee (number 62753), incorporated in the UK.” — page 26
Per its FY2024 accounts as filed with the Charity Commission.
Funders the charity credits
Trustees
- Claire Dwyer
- DAVID MCKEITH
- Deborah Anne Francis
- Elizabeth Margaret Shepherd
- John Eckersley
- Simon Shelbourn
- Timothy James Seagrave
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £293k | £351k |
| 31/12/2023 | £272k | £381k |
| 31/12/2022 | £253k | £349k |
| 31/12/2021 | £206k | £348k |
| 31/12/2020 | £332k | £307k |
Common questions
Is HALLE ENDOWMENT TRUST financially healthy?
The accounts state that the charity holds total fund balances of £7,641,073, comprising two permanent endowment funds. The trustees report that reserves are maintained above the stated target buffer level, and the auditor confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £250k |
| THE SACKLER TRUST | 1 | £50k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | 1 | £5k |
| EARL OF CHESTER'S FUND | 1 | £3k |