THE HORNERS CHARITY FUND
The charity operates through separate sub-committees of the Trustees in considering grant applications, scholarships and educational endowments, and in monitoring the investment performance of the funds and the availability of cash to make grants
Financial health, per its FY2022 accounts
The accounts state that the charity reported an overall decrease in funds of £417,525 for the year ended 31 December 2022, driven by a loss in the capital value of investments of £369,979. The Trustees confirmed that the charity remains a going concern for the foreseeable future, citing confidence in its financial position and reserves level despite market volatility.
What the accounts disclose
“The policy is to expend all investment income and regular donor and fundraising income in the financial year in which it is received or shortly thereafter.” — page 8
Trustees
- ALAN MARTIN ANDREW PRICE
- Colin Ralph Freedman
- David William Kirkham Chitty
- Dr Barry Martin Maunders
- Dr David George Cameron FRSC
- KEITH MARTIN DAVIS
- Michael O'Brien
- Rebecca Katherine Joyce
- Robert Pinchen
- Timothy Firth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £141k | £236k |
| 31/12/2024 | £152k | £270k |
| 31/12/2023 | £132k | £211k |
| 31/12/2022 | £134k | £181k |
| 31/12/2021 | £189k | £165k |
Common questions
Is THE HORNERS CHARITY FUND financially healthy?
Per its FY2022 accounts: The accounts state that the charity reported an overall decrease in funds of £417,525 for the year ended 31 December 2022, driven by a loss in the capital value of investments of £369,979. The Trustees confirmed that the charity remains a going concern for the foreseeable future, citing confidence in its financial position and reserves level despite market volatility. Its FY2022 accounts were independently examined.