HYDE CHARITABLE TRUST
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
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
- Natalie Waller Mrs
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?
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.