PAUL HAMLYN FOUNDATION

Charity number: 1102927
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The foundation supports work in the UK and India. Its focus is on helping people to overcome disadvantage and lack of opportunity so that they can realise their potential and enjoy fulfilling and creative lives. It has a particular interest in supporting young people and a strong belief in the importance of the arts. It operates through grant making and related charitable activities.

Income and expenditure

Data for financial year ending 31 March 2024

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.

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:
  • General Charitable Purposes
  • Education/training
  • Arts/culture/heritage/science
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales
  • India
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 13 June 2005: Standard registration
  • 17 March 2016: Removed (Transfer of funds)
Organisation type:
Charitable company
Other names:
  • THE PAUL HAMLYN FOUNDATION (Working name)
  • THE PAUL HAMLYN FOUNDATION (Previous name)
Company number:
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
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

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
JANE HAMLYN Chair
None on record
Jennifer Forster Trustee 25 March 2025
None on record
Bernard Dalle Trustee 01 October 2024
NORTHWESTERN UNIVERSITY (USA) FOUNDATION LIMITED
Received: On time
Marcus Davey Trustee 01 October 2024
WALK TO THE HORIZON LIMITED
Received: On time
Martha Beaton Mackenzie Trustee 01 October 2024
None on record
Silaja Birks Trustee 02 January 2024
None on record
Dr Thomas Palakudiyil Trustee 02 January 2024
None on record
Akeela Ahmed Trustee 02 August 2021
THE MOTHERHOOD PLAN
Received: On time
MICHAEL HAMLYN Trustee
None on record
JAMES LINGWOOD Trustee
None on record
TOM WYLIE OBE Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £32.21m £39.76m £5.06m £5.46m £72.02m
Total expenditure £57.25m £49.84m £52.37m £54.37m £72.12m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £1.05m £310.00k N/A £35.00k N/A
Income - Donations and legacies £2.10m £969.89k £95.00k £128.00k £17.60k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £762
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £30.10m £38.79m £4.94m £5.32m £10.01m
Income - Other £15.18k £661 £20.43k £20.02k £61.99m
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £51.53m £43.69m £42.87m £45.40m £63.07m
Expenditure - Raising funds £5.72m £6.14m £9.50m £8.98m £9.05m
Expenditure - Governance £88.31k £72.24k £66.91k £73.49k £155.14k
Expenditure - Grants institution £45.86m £37.67m £36.66m £38.90m £56.35m
Expenditure - Investment management £5.72m £6.14m £9.50m £8.98m £9.05m
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 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £6.30m £6.22m £6.13m £5.92m £5.93m
Long-term investments £758.09m £933.87m £943.98m £915.48m £916.41m
Other assets £22.96m £7.91m £7.05m £4.82m £3.28m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £50.91m £42.44m £42.03m £50.88m £64.48m

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 March 2024 06 November 2024 On Time
Accounts and TAR 31 March 2024 06 November 2024 On Time Download Open in new window
Annual return 31 March 2023 18 December 2023 On Time
Accounts and TAR 31 March 2023 18 December 2023 On Time Download Open in new window
Annual return 31 March 2022 13 October 2022 On Time
Accounts and TAR 31 March 2022 13 October 2022 On Time Download Open in new window
Annual return 31 March 2021 19 January 2022 On Time
Accounts and TAR 31 March 2021 19 January 2022 On Time Download Open in new window
Annual return 31 March 2020 09 December 2020 On Time
Accounts and TAR 31 March 2020 09 December 2020 On Time Download Open in new window
Submit annual return Open in new window

Linked charities

Linked charities
Governing document
SETTLEMENT DEED DATED 15 APRIL 1987 AS AMENDED BY SUPPLEMENTAL DEEDS DATED 17 MARCH 1988, 16 JANUARY 1991, 22 JANUARY 2002 AND 21 NOVEMBER 2002 AS AFFECTED BY A UNITING DIRECTION MADE UNDER S. 96.5 OF THE CHARITIES ACT 1993 AND DATED 8 JUNE 2005
Charitable objects
FOR THE BENEFIT OF SUCH CHARITY OR CHARITIES OR FOR SUCH CHARITABLE PURPOSE OR PURPOSES AS THE TRUSTEES MAY FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION SELECT AND IN SUCH SHARES AND IN SUCH MANNER AS THEY MAY FROM TIME TO TIME DETERMINE.
Area of benefit
NATIONAL
Registration history
  • 13 June 2005 : Standard registration
  • 17 March 2016 : Removed

Contact information

Address:
PAUL HAMLYN FOUNDATION
5-11 LEEKE STREET
LONDON
WC1X 9HY
Phone:
02078123300