H M HUBBARD LAW SCHOLARSHIP FUND

Registered charity 313533 · accounts filings on the Charity Commission register

The charity provides scholarships to study in France, Spain and Canada the law and legal procedure of the particular country.The charity also provides funds for solicitors and their families in need.

Objects

CLAUSE 9(III)(A) OF THE WILL OF 3 APRIL 1946 SHALL HAVE EFFECT AS IF IT WERE AS FOLLOWS:SUBJECT TO THE PROVISIONS OF THIS SUB-CLAUSE, THE SCHOLARSHIPS SHALL BE AWARDED TO STUDENTS WHO HAVE EITHER:A) OBTAINED AN UNDERGRADUATE DEGREE IN LAW OF AT LEAST CLASS 2(II) FROM A UK UNIVERSITY;B) A GRADUATE’S DIPLOMA IN LAW (GDL); ORC) A CHARTERED INSTITUTE OF LEGAL EXECUTIVES (CILEX) LEVEL 6 DIPLOMA IN LAW AND PRACTICE;AND WHO EVINCE TO MY TRUSTEES’ SATISFACTION AN INTENTION TO PURSUE A CAREER AS A SOLICITOR OF THE SENIOR COURTS OF ENGLAND AND WALES.IF GRANTS CANNOT BE MADE TO SUCH STUDENTS, MY TRUSTEES MAY MAKE AWARDS TO INDIVIDUALS WHO HAVE QUALIFIED AND ARE CURRENTLY PRACTISING AS SOLICITORS.9(III)(B) EACH SCHOLARSHIP SHALL BE AWARDED ON CONDITION THAT THE HOLDER THEREOF DURING THE TERM OF SUCH SCHOLARSHIP STUDIES IN FRANCE SPAIN OR CANADA OR ONE OR MORE OF THOSE COUNTRIES THE LAW AND LEGAL PROCEDURE OF SUCH COUNTRY. IF GRANTS CANNOT BE MADE TO SUCH STUDENTS THEN MY TRUSTEES MAY MAKE AWARDS FOR THE STUDY OF THE LAW OF THE EUROPEAN UNION IN FRANCE AND SPAIN.9(III)(C) THE CONDITIONS AND REGULATIONS CONCERNING SUCH SCHOLARSHIPS AND THE TENURE AND REVOCATION THEREOF SHALL BE SETTLED BY MY TRUSTEES WITH POWER FROM TIME TO TIME TO VARY THE SAME”.9(III)(D) IF AT ANY TIME THE INCOME FROM THE INVESTMENTS REPRESENTING DOREEN’S SHARE AFTER HER DEATH AND THE PROVISION OF THE AFORESAID ANNUITIES SHALL AMOUNT IN ANY ONE YEAR TO MORE THAN TWENTY TWO THOUSAND POUNDS OR SUCH OTHER HIGHER AMOUNT AS MY TRUSTEES FROM TIME TO TIME DECIDE (“THE SCHOLARSHIP ALLOCATION”) THE AMOUNT OF SUCH INCOME IN EXCESS OF THE SCHOLARSHIP ALLOCATION SHALL BE HELD BY MY TRUSTEES UPON TRUST TO PAY THE SAME FOR THE MAINTENANCE AND RELIEF OF SOLICITORS OR THE WIDOWS OR CHILDREN OF DECEASED SOLICITORS WHO MAY BE IN NEED FROM ANY CAUSE WHATEVER.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income

£65k

Latest spending

£122k

Registered

1972

Accounts read

FY2025

Financial health, per its FY2025 accounts

The charity reported a net decrease in funds of £128,050 for the year, driven by a significant unrealized loss on investments of £71,187 and charitable expenditure exceeding income. Despite this, the charity maintains substantial unrestricted reserves of £79,943 (comprising £79,479 in the Law Scholarship Income Account and £464 in the General Fund), which the trustees state are sufficient to finance future scholarships and continue operations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investments (100% of income)

“Total unrestricted incoming resources of the Charity for the year were £65,106” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: sufficient uncommitted income... to finance a one-year scholarship (held: £80k)

“the Trustees aim to have sufficient uncommitted income at 1 September each year in the Law Scholarship Income Fund to finance a one-year scholarship.”

Per its FY2025 accounts as filed with the Charity Commission.

Payments to trustees: One trustee was reimbursed £115 in travelling expenses. Fees of £8,948 were paid to Debenhams Ottaway LLP, a firm where Trustee Claire Sharp is a partner. No trustee received remuneration.

“In the year ended 5 April 2025 one Trustee (2024 - one) was reimbursed travelling expenses of £115. Fees of £8,948 were paid for legal services to Debenhams Ottaway LLP, of which Mrs Claire Sharp a Trustee, is a partner. (2024 - £8,271). The Trustees received no remuneration for their services. (2024 — nil).” — page 14

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Bullying and harassment policy and procedures
Complaints policy and procedures
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
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Trustees · trustee networks

Claire Elizabeth Sharp
John Andrew Chadwick
Paul Gurney Cattermull
Roy Neil Arthur

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

Operates in: Canada · France · Spain

Income and spending

Financial year end	Income	Spending
05/04/2025	£65k	£122k
05/04/2024	£70k	£82k
05/04/2023	£67k	£109k
05/04/2022	£69k	£59k
05/04/2021	£65k	£49k

Common questions

Is H M HUBBARD LAW SCHOLARSHIP FUND financially healthy?

Per its FY2025 accounts: The charity reported a net decrease in funds of £128,050 for the year, driven by a significant unrealized loss on investments of £71,187 and charitable expenditure exceeding income. Despite this, the charity maintains substantial unrestricted reserves of £79,943 (comprising £79,479 in the Law Scholarship Income Account and £464 in the General Fund), which the trustees state are sufficient to finance future scholarships and continue operations. Its FY2025 accounts were independently examined.