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HAWKWOOD COLLEGE LIMITED

Registered charity 311767 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

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Latest income
£1.3m
Latest spending
£1.3m
Registered
1964
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a deficit of £49,475 for the year ended 31 December 2023, resulting in unrestricted net current assets being in a deficit of £35,819. The trustees acknowledge the net current liabilities position and note that the charity is indebted to banks, relying on future income generation and potential asset sales to maintain operations.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“However free reserves, defined as unrestricted net current assets, as at 31 December 2023 were in deficit of £35,819. The trustees are aware of the deficit and are committed to rebuilding the reserves through income generation or cutting costs where possible.” — page 14
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Trustees have also asked the executive to discuss a capital repayment holiday on the Triodos loans should the finance projections worsen. In addition, The Lodge, a distinct capital asset on the estate, valued at c.£350,000 is being held as a reserve. As a last resort, the Trustees would sell the Lodge to ensure Hawkwood continues to operate.” — page 14
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Godfrey Wilson Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.3m
Total spending
£1.3m
Cost of raising funds
£217k
Reserves (reported)
£744k
Employees
44

Reported reserves equal ~6.8 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£1.3m£1.3m
31/12/2023£1.2m£1.3m
31/12/2022£1.3m£1.2m
31/12/2021£1.1m£956k
31/12/2020£628k£704k

Common questions

Is HAWKWOOD COLLEGE LIMITED financially healthy?

The accounts state that the charity reported a deficit of £49,475 for the year ended 31 December 2023, resulting in unrestricted net current assets being in a deficit of £35,819. The trustees acknowledge the net current liabilities position and note that the charity is indebted to banks, relying on future income generation and potential asset sales to maintain operations. Its FY2023 accounts were audited by Godfrey Wilson Limited.