HITCHIN BOYS' SCHOOL CHARITABLE TRUST
The objective is to assist in the provision of facilities which will enable and encourage the pupils of Hitchin Boys' School to play games and sports.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a deficit of £18,063 for the year, with unrestricted reserves standing at £112,504. The trustees report that cash reserves and projected income exceed future commitments, maintaining a reserves policy target of three to six months' expenditure. Per the independent examiner's report, no matters came to attention that would prevent a true and fair view.
What the accounts disclose
“There are two main sources of income for the charity being rental of the school's astro turf sports facility and donations/grants.” — page 4
“It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months' expenditure.” — page 5
Trustees
- Michael Cranfieldchair
- David Kim Hutchinson
- Deborah Ivory-Webb
- MR CHRIS JOB
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £91k | £35k |
| 30/06/2024 | £57k | £56k |
| 30/06/2023 | £52k | £150k |
| 30/06/2022 | £77k | £76k |
| 30/06/2021 | £42k | £58k |
Common questions
Is HITCHIN BOYS' SCHOOL CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a deficit of £18,063 for the year, with unrestricted reserves standing at £112,504. The trustees report that cash reserves and projected income exceed future commitments, maintaining a reserves policy target of three to six months' expenditure. Per the independent examiner's report, no matters came to attention that would prevent a true and fair view. Its FY2025 accounts were independently examined.