THE HULL AND EAST RIDING CHARITABLE TRUST
Financial health, per its FY2023 accounts
The accounts state that total unrestricted funds amounted to £9,015,936 at the year end, representing a net decrease of £5,294 from the previous year due to grant expenditures exceeding investment income and gains. The trustees maintain a reserves policy aimed at generating sufficient income to distribute as grants, with no specific monetary target or time-based policy stated in the filing. The independent auditors confirmed that the use of the going concern basis of accounting was appropriate and identified no material uncertainties regarding the charity's ability to continue operations.
What the accounts disclose
“The trustees aim to maintain reserves at a level that will generate the amount of income the trustees wish to distribute as grants to achieve the charitable objects of the trust.”
Register events
- Received assets from another charity (27/11/2024)
Trustees
- Adrian Mark Horsley JP DLchair
- Matthew W D Fletcher
- Victoria Margaret Carver
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £227k | £534k |
| 05/04/2024 | £205k | £388k |
| 05/04/2023 | £175k | £403k |
| 05/04/2022 | £162k | £315k |
| 05/04/2021 | £140k | £343k |
Common questions
Is THE HULL AND EAST RIDING CHARITABLE TRUST financially healthy?
The accounts state that total unrestricted funds amounted to £9,015,936 at the year end, representing a net decrease of £5,294 from the previous year due to grant expenditures exceeding investment income and gains. The trustees maintain a reserves policy aimed at generating sufficient income to distribute as grants, with no specific monetary target or time-based policy stated in the filing. The independent auditors confirmed that the use of the going concern basis of accounting was appropriate and identified no material uncertainties regarding the charity's ability to continue operations. Its FY2023 accounts were audited by Smailes Goldie Chartered Accountants.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRIGHOUSE WEST YORKSHIRE AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN | 1 | £8k |
| SUICIDE & CO | 1 | £5k |