Charity Accounts Intelreading the accounts so you don’t have to

THE DEREK HILL FOUNDATION

Registered charity 801590 · accounts filings on the Charity Commission register · also known as T1045

The trustees have chosen to use the foundation's assets to provide grants and bursaries for the arts and related travel. The trustees do not normally support individuals direct.All grant applications must be submitted via email to [email protected]. Please ensure the subject line of the email clearly identifies the charity that you are applying to.

Causes: Arts/culture/heritage/science · Get email alerts

Latest income
£31k
Latest spending
£50k
Registered
1989
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £1,111,966, representing a net decrease from the previous year due to investment losses and grant expenditures exceeding income. The trustees confirm adequate assets are available to fulfill obligations and report no material uncertainties regarding the charity's ability to continue as a going concern. The charity does not maintain specific income reserves, aiming instead to distribute a large percentage of investment income net of expenses.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: do not maintain income reserves as such (held: £1.1m)
“The trustees aim to distribute a large percentage of the income, net of expenses, in each financial year and therefore do not maintain income reserves as such.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Rathbones Trust Company Limited received £15,600 for management and administration services. Individual trustees received only reimbursed travel expenses.
“None of the trustees (or any persons connected with them) received any remuneration or benefits from the foundation during the year, with the exception of Rathbones Trust Company Limited, details of which are disclosed in note 15.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Investment management fees paid to Rathbones Investment Management Limited, a related party.
“The charges for the management of the investment portfolio provided by Rathbones Investment Management Limited amounted to £2,735 (£2,648 in 2024) for the year ended 9 May 2025.” — page 17
“At the year end Mrs J Batterham (a former trustee) held twelve paintings, with a current value of £11,449 (£11,449 in 2024) on the trustees' behalf.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Chattels held by former trustee Mrs J Batterham (now her executors) on behalf of the trust.
“The charges for the management of the investment portfolio provided by Rathbones Investment Management Limited amounted to £2,735 (£2,648 in 2024) for the year ended 9 May 2025.” — page 17
“At the year end Mrs J Batterham (a former trustee) held twelve paintings, with a current value of £11,449 (£11,449 in 2024) on the trustees' behalf.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Ireland · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
09/05/2025£31k£50k
09/05/2024£32k£55k
09/05/2023£28k£62k
09/05/2022£18k£159k
09/05/2021£35k£160k

Common questions

Is THE DEREK HILL FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,111,966, representing a net decrease from the previous year due to investment losses and grant expenditures exceeding income. The trustees confirm adequate assets are available to fulfill obligations and report no material uncertainties regarding the charity's ability to continue as a going concern. The charity does not maintain specific income reserves, aiming instead to distribute a large percentage of investment income net of expenses. Its FY2025 accounts were independently examined.