HEART OF ENGLAND COMMUNITY FOUNDATION

Charity number: 1117345
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Manage funds on behalf of a range of donors who want to invest in their local communities, supporting hundreds of grassroots organisations every year to make their communities a better place to live, work and play. We aim to make a real difference at a local level across the areas we support.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£15,620,667

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Donations and legacies £591.42k
Charitable activities £14.27m
Other trading activities £0
Investments £753.40k
Other £1.50k

Total expenditure:
£14,227,572

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Raising funds £122.29k
Charitable activities £14.11m
Other £0

£1,673,704 investments gains (losses)

Total income includes £10,825,280 from 14 government grant(s)

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 £122.29k
Charitable expenditure £14.11m
Retained for future use £1.39m

People

14 Employee(s)

8 Trustee(s)

89 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£70k to £80k 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:
  • General Charitable Purposes
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
Where the charity operates:
  • Birmingham City
  • Coventry City
  • Dudley
  • Sandwell
  • Solihull
  • Walsall
  • Warwickshire
  • Wolverhampton

Governance

Registration history:
  • 20 December 2006: Standard registration
  • 02 December 2013: Funds received from 1063014 SOLIHULL COMMUNITY FOUNDATION
  • 12 August 2015: Funds received from 231063 HARRY PAYNE TRUST
  • 13 April 2016: Funds received from 1142137 LIBRARY OF BIRMINGHAM DEVELOPMENT TRUST
  • 01 December 2016: Funds received from 1112725 FIVE OF HEARTS
  • 17 April 2018: Funds received from 215973 THE ANNIE BETTMANN FOUNDATION NO 1
  • 05 July 2018: Funds received from 1045304 HEART OF ENGLAND COMMUNITY FOUNDATION
  • 28 December 2018: Funds received from 528996 THE AKRILL, WILSON AND KENRICK EDUCATIONAL FOUNDAT...
  • 28 December 2018: Funds received from 529018 THE ALBRIGHTS' TRUST FUND IN CONNECTION WITH OLDBU...
  • 28 December 2018: Funds received from 528870 THE ANNIE LENNARD SCHOOL FUND
  • 28 December 2018: Funds received from 528821 CHARLES WOODCOCK SWIMMING PRIZE FUND
  • 28 December 2018: Funds received from 510733 THE DAVIS TRUST FUND
  • 28 December 2018: Funds received from 528882 EDWARD I WHEATLEY TRUST FUND, IN CONNECTION WITH G...
  • 28 December 2018: Funds received from 528999 THE SAVINGS BANK INTEREST FUND
  • 28 December 2018: Funds received from 529015 WEST BROMWICH EDUCATIONAL FOUNDATION
  • 28 December 2018: Funds received from 508038 THE FOUNDER PARENTS' ASSOCIATION AWARD FOR SERVICE
  • 28 December 2018: Funds received from 245876 CHARITY OF JOHN SPENCER
  • 23 October 2019: Funds received from 529071-2 MAYORESS'S BURSARY FUND
  • 23 October 2019: Funds received from 529071-1 LAURA M WESTON SCHOLARSHIP
  • 23 October 2019: Funds received from 529071-3 GLEDHILL FOUNDATION
  • 23 October 2019: Funds received from 529071-4 THE ADAMS TRUST FUND
  • 24 October 2019: Funds received from 529071-9 THE WILLIAM PERKS MEMORIAL PRIZE FOR MUSIC
  • 24 October 2019: Funds received from 529071-6 GEORGE FRANCIS BETTS SCHOLARSHIP FUND
  • 24 October 2019: Funds received from 529071-8 LIGHTWOODS EXTENSION LECTURE SOCIETY PRIZE FUND
  • 24 October 2019: Funds received from 529071-7 THE GLASS WORKS MEMORIAL FUND
  • 24 October 2019: Funds received from 529071-16 GEORGE FRANCIS BETTS SCHOLARSHIP FUND
  • 24 October 2019: Funds received from 529071-13 DR FRIESSE MEMORIAL GERMAN PRIZE
  • 24 October 2019: Funds received from 529071-20 W C LEWIS MEMORIAL PRIZE FUND
  • 24 October 2019: Funds received from 529071-5 MABEL HARSTON PRIZE FOR NEEDLEWORK
  • 24 October 2019: Funds received from 529071-17 HEWITSON MEMORIAL BURSARY
  • 24 October 2019: Funds received from 529071-18 CARL NEWTON QUIMBY MEMORIAL PRIZE
  • 24 October 2019: Funds received from 529071-19 THOMAS POTTER MEMORIAL PRIZE
  • 24 October 2019: Funds received from 529071-15 ARTHUR FENTON MEMORIAL PRIZE
  • 24 October 2019: Funds received from 529071-14 A L HALEY MEMORIAL FUND
  • 08 January 2020: Funds received from 529071-12 THE LILIAN LENCH PRIZE FUND
  • 09 January 2020: Funds received from 529071-11 THE THOMAS DEELEY MEMORIAL TRUST
  • 21 March 2020: Funds received from 1003164 THE BEWLEY CHARITABLE TRUST
  • 14 July 2021: Funds received from 254183 HARRY WESTON MEMORIAL FUND
  • 27 October 2021: Funds received from 266182 PSA PEUGEOT CITROEN CHARITY TRUST
  • 10 August 2022: Funds received from 1091315 RECOM: BRIDGING THE IT GAP IN THE COMMUNITY LTD
  • 22 February 2023: Funds received from 702700 THE JOHN FRIENDS MEMORIAL FUND
  • 22 February 2023: Funds received from 225876 DOCTOR WILLIAM MACDONALD OF JOHANNESBURG TRUST
  • 01 March 2023: Funds received from 505364 TANSLEY CHARITY TRUST
  • 07 June 2023: Funds received from 221748 SOUTH BIRMINGHAM FRIENDS INSTITUTE TRUST
  • 15 November 2024: Funds received from 529043 THE MACKMILLAN EDUCATIONAL FOUNDATION
Organisation type:
Charitable company
Other names:

No other names

Company number:
05999452 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Financial Conduct Authority
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

8 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
CHRISTOPHER WEST Chair 30 March 2017
None on record
Daniel Geoffrey William Boardman-Weston Trustee 04 June 2025
None on record
Richard Port MBE Trustee 05 October 2022
None on record
ALETHEA FULLER Trustee 10 June 2021
None on record
CALUM JAMES NISBET Trustee 11 March 2021
None on record
Jude Jennison Trustee 07 December 2017
None on record
Michelle Vincent Trustee 16 October 2013
None on record
PAUL BELFIELD 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 £6.61m £7.18m £4.07m £3.71m £15.23m
Total expenditure £5.88m £9.20m £3.95m £3.52m £14.23m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £62.02k £646.53k £2.04m £845.04k £10.83m
Income - Donations and legacies £6.15m £7.01m £3.75m £6.05m £591.42k
Income - Other trading activities £84.38k £85.18k £0 £0 £0
Income - Charitable activities £0 £0 £0 £2.15k £14.27m
Income - Endowments £1.34m £244.14k £116.62k £2.92m £393.80k
Income - Investment £331.00k £308.81k £339.97k £515.17k £753.40k
Income - Other £46.58k £20.30k £96.09k £68.83k £1.50k
Income - Legacies £0 £0 £108.98k £0 £2.00k
Expenditure - Charitable activities £5.78m £9.08m £3.85m £3.42m £14.11m
Expenditure - Raising funds £106.24k £117.24k £40.83k £106.37k £122.29k
Expenditure - Governance £9.62k £11.04k £10.56k £12.91k £12.00k
Expenditure - Grants institution £5.06m £8.42m £3.26m £2.64m £13.00m
Expenditure - Investment management £55.64k £54.97k £0 £47.71k £61.84k
Expenditure - Other £0 £0 £59.40k £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 £9.96k £5.72k £1.47k £1.19m £1.19m
Long-term investments £12.49m £15.64m £17.11m £19.07m £21.16m
Other assets £7.07m £5.26m £5.61m £3.84m £11.77m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £209.92k £601.56k £1.26m £511.82k £7.48m

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 22 January 2025 On Time
Accounts and TAR 31 March 2024 22 January 2025 On Time Download Open in new window
Annual return 31 March 2023 24 January 2024 On Time
Accounts and TAR 31 March 2023 24 January 2024 On Time Download Open in new window
Annual return 31 March 2022 09 January 2023 On Time
Accounts and TAR 31 March 2022 09 January 2023 On Time Download Open in new window
Annual return 31 March 2021 24 January 2022 On Time
Accounts and TAR 31 March 2021 24 January 2022 On Time Download Open in new window
Annual return 31 March 2020 26 January 2021 On Time
Accounts and TAR 31 March 2020 26 January 2021 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.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 15 NOVEMBER 2006 as amended on 05 Oct 2022 as amended on 12 Jun 2025

Charitable objects

(A) THE PROMOTION OF ANY CHARITABLE PURPOSES FOR THE BENEFIT OF THE COMMUNITY IN THE CITY OF COVENTRY, THE COUNTY OF WARWICKSHIRE AND ELSEWHERE IN THE UNITED KINGDOM ("THE AREA OF BENEFIT") AND IN PARTICULAR THE ADVANCEMENT OF EDUCATION THE PROTECTION OF GOOD HEALTH BOTH MENTAL AND PHYSICAL AND THE RELIEF OF POVERTY AND SICKNESS; (B) OTHER EXCLUSIVELY CHARITABLE PURPOSES WHICH ARE IN THE OPINION OF THE TRUSTEES BENEFICIAL TO THE COMMUNITY IN THE AREA OF BENEFIT.

Area of benefit

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

CITY OF COVENTRY, WARWICKSHIRE AND ELSEWHERE IN THE UNITED KINGDOM

Contact information

Address:
c/o Stellantis
Pinley House
Sunbeam Way
Coventry
CV3 1ND
Phone:
02477800520
Email:
tina@heartofenglandcf.co.uk
Website:

www.heartofenglandcf.co.uk Open in new window