THE HENRY SMITH CHARITY

Charity number: 230102
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Charity is an endowed grant maker which awards grants for purposes within its objects within the UK.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£14,448,000

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Donations and legacies £0
Charitable activities £0
Other trading activities £0
Investments £14.45m
Other £2.00k

Total expenditure:
£65,535,000

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Raising funds £15.76m
Charitable activities £49.77m
Other £0

£88,041,000 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £15.76m
Charitable expenditure £49.77m

People

40 Employee(s)

12 Trustee(s)

42 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 3
£70k to £80k 2
£100k to £110k 1
£130k to £140k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 15 October 1963: Standard registration
  • 15 May 1998: Removed (Transfer of funds)
  • 15 May 1998: Funds transferred to
Organisation type:
Other
Other names:
  • SMITHS CHARITY (Working name)
  • HENRY SMITH (ESTATES CHARITIES) (Previous name)
  • HENRY SMITH (KENSINGTON ESTATES CHARITIES) (Previous name)
  • THE CHARITY OF HENRY SMITH (KENSINGTON ESTATE) (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Nicola Pollock Trustee 12 June 2024
THE CENTRE FOR INNOVATION IN VOLUNTARY ACTION
Received: On time
LOCAL TRUST
Received: On time
William Sieghart Trustee 12 March 2023
None on record
Ben Kernighan Trustee 14 November 2022
None on record
Baldeesh Nahl Trustee 01 September 2022
None on record
Janet Garrill Trustee 25 January 2022
None on record
Andrew Beeforth Trustee 01 December 2021
None on record
Abureza Faisel Rahman Trustee 18 March 2021
None on record
George Roberts Trustee 18 March 2021
None on record
Jonathan Asquith Trustee 10 December 2019
None on record
Emma Davies Trustee 11 September 2019
None on record
Christopher Mark Granger Trustee 13 March 2019
OUNDELIAN MEMORIAL TRUST
Received: On time
The Lady Bella Colgrain DL Trustee 27 November 2014
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £12.04m £12.07m £11.00m £11.90m £14.45m
Total expenditure £43.02m £55.40m £53.20m £80.70m £65.54m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £2.00m N/A N/A N/A
Income - Donations and legacies £0 £2.00m £0 £0 £0
Income - Other trading activities £129.00k £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £11.91m £10.04m £11.00m £11.89m £14.45m
Income - Other £0 £27.00k £0 £2.00k £2.00k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £33.91m £41.52m £42.10m £68.06m £49.77m
Expenditure - Raising funds £9.11m £13.88m £11.10m £12.64m £15.76m
Expenditure - Governance £185.00k £203.00k £242.00k £346.00k £287.00k
Expenditure - Grants institution £30.65m £38.38m £38.71m £63.65m £44.49m
Expenditure - Investment management £9.11m £13.88m £11.10m £12.64m £15.76m
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £123.00k £139.00k £129.00k £126.00k £42.00k
Long-term investments £1.13bn £1.24bn £1.42bn £1.38bn £1.42bn
Other assets £6.88m £9.06m £22.80m £15.27m £14.79m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £41.41m £50.67m £55.73m £177.69m £174.12m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 05 July 2024 On Time
Accounts and TAR 31 December 2023 05 July 2024 On Time Download Open in new window
Annual return 31 December 2022 25 July 2023 On Time
Accounts and TAR 31 December 2022 25 July 2023 On Time Download Open in new window
Annual return 31 December 2021 12 September 2022 On Time
Accounts and TAR 31 December 2021 12 September 2022 On Time Download Open in new window
Annual return 31 December 2020 27 October 2021 On Time
Accounts and TAR 31 December 2020 27 October 2021 On Time Download Open in new window
Annual return 31 December 2019 22 September 2020 On Time
Accounts and TAR 31 December 2019 22 September 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

SCHEME DATED 05 OCT 2000 AS AMENDED BY RESOLUTION DATED 18 MAR 2009 AS AMENDED BY SCHEME DATED 07 MAY 2013 as amended on 06 Dec 2022 as amended on 14 Jun 2023

Charitable objects

SUMMARY OBJECTS ONLY - FOR MORE DETAILS, PLEASE SEE SCHEME 1) RELIEF OF POOR KINDRED OF HENRY SMITH 2) HOSPITALS AND OTHER FORMS OF CARE FOR THOSE WHO ARE SICK OR IN NEED 3) RELIEF OF POOR, AGED OR SICK PERSONS AND THEIR SPOUSES, WIDOWS, WIDOWERS AND DEPENDANTS 4) RELIEF OF POOR, AGED OR SICK CLERGY AND THEIR SPOUSES, WIDOWS, WIDOWERS AND DEPENDANTS 5) RELIEF, REHABILITATION AND TRAINING OF DISABLED PERSONS, INCLUDING DISABLED EX-SERVICEMEN AND WAR WIDOWS 6) MEDICAL RESEARCH 7) PROMOTION OF MORAL WELFARE OR SOCIAL SERVICE 8) RELIEF AND REHABILITATION OF THOSE PERSONS WHO ARE OR WHO HAVE BEEN SLAVES OR SERFS AND THEIR DESCENDANTS WHO ARE IN NEED OR DISTRESS OR FOR PREVENTING THE SEIZURE OF PERSONS FOR SLAVERY OR SERFDOM 9) MAINTENANCE OF GODLY PREACHERS OR OTHERWISE FOR THE FURTHERANCE OR PROMOTION OF KNOWLEDGE AND RELIGION 10) RELIEF OF POOR, AGED OR INFIRM PERSONS WITHIN THE ESTATES OR ELSEWHERE IN ENGLAND AND WALES

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Linked charities

Linked charities
Linked charity 230102-12 ALFRISTON AND MAYFIELD ESTATES
Governing document
WILL OF HENRY SMITH 24 APRIL 1627 (P.R.VOL.4 PP.488)
Charitable objects
RELIEF OF GODLY PREACHERS AND BETTER FURTHERANCE OF KNOWLEDGE AND RELIGION.
Area of benefit
NOT DEFINED
Registration history
  • 15 October 1963 : Standard registration
  • 15 May 1998 : Removed
  • 15 May 1998 : Asset transfer out

Contact information

Address:
3rd Floor
Caledonia House
223 Pentonville Road
London
Phone:
02072644970
Email:
No information available
Website:

www.henrysmithcharity.org.uk Open in new window