THE HASTINGS YOUTH TRUST
A grant making charity which assists recognised organisations and individuals under the age of 25 who live in the Borough of Hastings or within 5 miles of the Borough boundary
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit for the year of £43,997, resulting in a decrease in net assets from £998,582 to £954,585. The trustees maintain reserves to meet commitments and aim to distribute income via grants, with unrestricted funds currently standing at £954,585. The independent examiner confirmed that no material matters were identified during the examination of the accounts.
What the accounts disclose
Trustees
- Andrew Clive Gill
- MR CMD NORCOCK
- MR T S NOVIS
- MRS J L PARROTT
- MRS M D GARRAD
- MRS V L SPICE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £36k | £36k |
| 05/04/2024 | £27k | £20k |
| 05/04/2023 | £26k | £44k |
| 05/04/2022 | £25k | £22k |
| 05/04/2021 | £24k | £10k |
Common questions
Is THE HASTINGS YOUTH TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit for the year of £43,997, resulting in a decrease in net assets from £998,582 to £954,585. The trustees maintain reserves to meet commitments and aim to distribute income via grants, with unrestricted funds currently standing at £954,585. The independent examiner confirmed that no material matters were identified during the examination of the accounts. Its FY2025 accounts were independently examined.