HUGGARD
Latest income
£3.2m
Latest spending
£3.2m
Registered
1990
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net loss of £235,590 for the year ended 31 March 2023, compared to a gain in the previous year. Per the trustees' report, unrestricted free reserves stood at £449,657, which is above the stated policy target of three to six months of continuation costs.
What the accounts disclose
Reserves policy: three to six months of continuation costs (held: £450k)
“The trustees have established a policy which sets out that cash reserves should be at a level equal to the costs of continuation of the charity for the period of between 3-6 months.” — page 9
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£3.2m
Total spending
£3.2m
Cost of raising funds
£9k
Reserves (reported)
£3.0m
Employees
56
Register events
- Received assets from another charity (11/06/2013)
Trustees
- ANDRINA RHIANNON MATTHEWSONchair
- Dr DAVID WILLIAMS
- Janice Christine Hill
- Julia Phillips Lewis
- MR KEN HAINES
- STEPHEN JOHN THOMAS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.2m | £3.2m |
| 31/03/2024 | £3.7m | £3.7m |
| 31/03/2023 | £3.4m | £3.5m |
| 31/03/2022 | £2.6m | £2.7m |
| 31/03/2021 | £2.5m | £2.4m |
Common questions
Is HUGGARD financially healthy?
The accounts state that the charity reported a net loss of £235,590 for the year ended 31 March 2023, compared to a gain in the previous year. Per the trustees' report, unrestricted free reserves stood at £449,657, which is above the stated policy target of three to six months of continuation costs. Its FY2023 accounts were audited by Carston.