HYDE CHARITABLE TRUST
The Hyde Charitable Trust is part of the Hyde Group and supports the work of the Hyde Foundation, Hydes social investment team. The Charitys funds are targeted to the Hyde residents and communities who are most in need and it invests money in programmes and services that have the most impact on the lives and futures of Hyde residents and communities.
Objects
The Object of the Charity is to promote charitable purposes in England and particularly the prevention or relief of poverty or financial hardship.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £10,849,000, which the trustees consider sufficient to continue as a going concern. The charity reported a net loss of £1,052,000 for the year, primarily driven by a £206,000 loss on the revaluation of investments. Despite the investment decline, the trustees maintain that liquid assets and cash are expected to comfortably meet future obligations.
What the accounts disclose
“There is no set level of “free reserves” however the Trustees do require that income generated from investments is made available for grant making.” — page 34
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Trustee benefits, answered Yes to: any trustee benefit
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Government income: £59,000 — grants £59,000 (2); 12% of the £502,000 total gross income on the same return
- Grant-making is its main activity
Corporate structure
- Registered company of the charity Companies House 01803707
Company officers (Companies House)
- EDWARDS, Myles on trustee list
- LLOYD, Malcolm William on trustee list
- O'CALLAGHAN, Colm Paul on trustee list
- BLAKE, Ann-Marie Amanda on trustee list
- HAYE, Julien Patrick Marie on trustee list
- SKILBECK, Jessica on trustee list
- FERGUSON, Clare Joanna Elizabeth on trustee list
- O'RIORDAN, Melanie Avril Elizabeth
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Ann-Marie Blake
- Clare Ferguson
- Colm Paul O'Callaghan
- Jessica Skilbeck
- Julien Patrick Marie Haye
- Malcom William Lloyd
- Myles J Edwards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £343k | £1.2m |
| 31/03/2024 | £513k | £1.3m |
| 31/03/2023 | £502k | £1.1m |
| 31/03/2022 | £445k | £1.1m |
| 31/03/2021 | £5.3m | £1.5m |
Common questions
Is HYDE CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £10,849,000, which the trustees consider sufficient to continue as a going concern. The charity reported a net loss of £1,052,000 for the year, primarily driven by a £206,000 loss on the revaluation of investments. Despite the investment decline, the trustees maintain that liquid assets and cash are expected to comfortably meet future obligations. Its FY2025 accounts were audited by BDO LLP.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Greater London Authority | 14/01/2019 | £150k | Young Londoners Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| QUARTET COMMUNITY FOUNDATION | 1 | £5k |
Charities like this
- THE HAYES (KENT) TRUST
- THE LINDEN CHARITABLE TRUST
- THE GYDE CHARITY
- HYDE PHYSIOTHERAPY CENTRE
- LYDE GREEN COMMUNITY ASSOCIATION
- THE HADLEY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HYDE CHARITABLE TRUST | £343k | — | 0 | unclear | — | no doubt |
| THE HAYES (KENT) TRUST | £69k | — | 0 | unclear | — | no doubt |
| THE LINDEN CHARITABLE TRUST | £92k | — | 0 | unclear | — | no doubt |
| THE GYDE CHARITY | £62k | — | 0 | below | — | no doubt |
| HYDE PHYSIOTHERAPY CENTRE | £766k | — | 0 | above | — | no doubt |
| LYDE GREEN COMMUNITY ASSOCIATION | £127k | — | 0 | unclear | — | no doubt |