HOWARD WATSON SYMINGTON MEMORIAL CHARITY

Registered charity 512708 · accounts filings on the Charity Commission register

To help the elderly, vulnerable and those on low income in Market Harborough and the Bowdens;To help in relieving misfortune and ill-health for local people;To help in improving the conditions of life for local people, with particular emphasis on social welfare, facilities for recreation and other leisure time occupation; andTo help in providing and supporting educational facilities

Objects

FOR THE GENERAL BENEFIT OF THE INHABITANTS OF THE URBAN AREA CENTRED ON MARKET HARBOROUGH, GREAT BOWDEN AND LITTLE BOWDEN WITHIN THE COUNTY OF LEICESTERSHIRE IN ONE OR MORE OF THE FOLLOWING WAYS, OR IN SUCH OTHER WAYS AS THE TRUSTEES THINK FIT: (A) IN RELIEVING PERSONS WHO ARE IN NEED, HARDSHIP OR DISTRESS; (B) IN RELIEVING PERSONS WHO ARE SICK; (C) IN PROVIDING AND SUPPORTING WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE SAID INHABITANTS IN THE INTERESTS OF SOCIAL WELFARE FACILITIES FOR RECREATION AND OTHER LEISURE TIME OCCUPATION; (D) IN PROVIDING AND SUPPORTING EDUCATIONAL FACILITIES.

Area of benefit: THE FORMER URBAN DISTRICT OF MARKET HARBOROUGH

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

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · website · Get email alerts

Latest income
£90k
Latest spending
£70k
Registered
1982
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves increased to £107,253, a level the trustees believe is sufficient for immediate needs. The charity relies on investment income to fund its activities and faces market risks, but maintains a diversified portfolio managed by two firms. No material uncertainties were identified regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Related-party transaction: The Charity reimbursed MHTBC for the direct employment related costs of the employee, which amounted to £2,737.
“The Charity is related to the Market Harborough and The Bowdens Charity - Charity Number 1157787 ("MHTBC") by virtue of having two trustees in common. During the year the MHTBC employed a new part-time member of staff who has been engaged entirely in supporting the Charity's administration and grant making activities. The Charity has reimbursed MHTBC for the direct employment related costs of the employee, which amounted to £2,737. No unpaid amounts were outstanding at 31 December 2024.” — page 16
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 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.

Trustees · trustee networks

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

Operates in: Leicestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£90k£70k
31/12/2023£59k£84k
31/03/2023£75k£139k
31/03/2022£75k£37k
31/03/2021£74k£53k

Common questions

Is HOWARD WATSON SYMINGTON MEMORIAL CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £107,253, a level the trustees believe is sufficient for immediate needs. The charity relies on investment income to fund its activities and faces market risks, but maintains a diversified portfolio managed by two firms. No material uncertainties were identified regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.