HORNBIE'S FOUNDATION

Registered charity 503802 · accounts filings on the Charity Commission register · also known as HORNBIES FOUNDATION, NEWTON CHARITY

Since the inception of the Trust the main area of funding has been in assisting the development and needs of the school. The policy of the Charitable Trust is to review on a regular basis requests for financial assistance which meet the objectives and criteria of the Trust.

Causes: Other Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income
£189k
Latest spending
£109k
Registered
1974
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted reserves of £3,100,726 (comprising £310,726 in income funds and £2,779,524 in capital funds) alongside a revaluation reserve of £2,022,007. The trustees report that the charity's performance has been 'most satisfactory' and that it has been able to provide ongoing support for its charitable objects. The independent examiner confirmed that no matters came to their attention regarding the preparation of the accounts or compliance with the Act.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (53% of income)
Investment income 2 89,082 — page 3
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Lancashire

Income and spending

Financial year endIncomeSpending
31/12/2024£189k£109k
31/12/2023£69k£88k
31/12/2022£68k£156k
31/12/2021£82k£75k
31/12/2020£67k£82k

Common questions

Is HORNBIE'S FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £3,100,726 (comprising £310,726 in income funds and £2,779,524 in capital funds) alongside a revaluation reserve of £2,022,007. The trustees report that the charity's performance has been 'most satisfactory' and that it has been able to provide ongoing support for its charitable objects. The independent examiner confirmed that no matters came to their attention regarding the preparation of the accounts or compliance with the Act. Its FY2024 accounts were independently examined.