OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

← The Charles Hayward Foundation

2024-12-31-accounts

Charity Number: 1078969

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2024

CONTENTS PAGE
Legal and administrative information 1
Report of the Trustees 2 – 8
Independent auditor’s report 9-11
Financial statements comprising: -
Statement of Financial Activities 12
Balance sheet 13
Cash flow statement 14
Notes to the accounts 15 – 22
List of grants 23-29

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

TRUSTEES

Mrs. S. J. Heath (Chairman) Mrs. E. Cameron Mrs. J. M. Chamberlain Mrs. C. Donald Mr. R. Griffith Mr. A. J. Heath Mr. B. D. Insch Mr. J. N. van Leuven, K.C.

SENIOR MANAGEMENT TEAM:
Director Mrs. D. Napierala
Grants Manager Ms J. Hughes
PRINCIPAL ADDRESS Hayward House,
45 Harrington Gardens,
London SW7 4JU
BANKERS CAF Bank Ltd,
25 Kings Hill Avenue,
Kings Hill,
West Malling,
Kent ME19 4JQ
SOLICITORS Stone King,
Boundary House
91 Charterhouse Street
London EC1M 6HR
AUDITORS Azets Audit Services
Statutory Auditors, Chartered Accountants
2nd Floor, Regis House
45 King William Street
London
EC4R 9AN
INVESTMENT MANAGERS Newton Investment Management Ltd,
Mellon Financial Centre,
160 Queen Victoria Street,
London EC4V 4LA
OU Endowment Management,
27 Park End Street,
Oxford OX1 1HU

1

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

STRUCTURE GOVERNANCE AND MANAGEMENT

The Foundation operates from its Hayward House offices in London with a small permanent staff. Trustee board meetings are held three times a year to consider grant applications and award grants, receive reports on activities, and monitor routine operations. The Foundation’s main grant programme comprises a two-stage process. A Grants Committee selects applications to be put forward to the full Trustees’ meeting as a second and final stage of the grant making process. Decisions are made on the basis of information provided at meetings and taking into account recommendations by staff. A Finance Committee advises the Trustee board on matters of finance, investment, audit and personnel. The Foundation’s accounts are subject to an independent annual audit.

Appointment and re-appointment of Trustees is by Trustees’ resolution. The Trustees are appointed for a term of five years after which they may be re-appointed for a further three years but serve no more than eight years in total, other than in exceptional circumstances. The board may re-appoint a Trustee beyond the aggregate period of eight years if there is a good reason for so doing and by unanimous vote of those present at a meeting. The Chairman is appointed by the Trustees for one year.

The board regularly reviews the range of skills among Trustees. The Foundation encourages training and development of Trustees by promoting attendance at events organised by the Association of Charitable Foundations, appropriate training sessions and other topical, financial and investment seminars.

New Trustees are chosen for the particular skills and experience they can bring to the board. Potential Trustees are interviewed and briefed by the Chairman on their legal obligations under charity law and the Trust Deed, the function of the committees and the decision-making processes at the Foundation. They are provided with the Charity Commission’s ‘Trustee Welcome Pack’, ‘Essential Trustee’ and ‘Making decisions at a charity’ guidance as well as with the Foundation’s own information pack including the Trust Deed, accounts and annual report. When a new Trustee joins the board, they receive minutes of Trustees’ recent meetings and other management and financial reports and are encouraged to attend a training seminar for new Trustees organised by external bodies.

The Trustees consider the board of Trustees and the senior management team comprise the key management personnel of the charity in charge of directing and running the Foundation on a day-today basis. The Trustees give their time freely and no Trustee received remuneration in the year. Details of Trustees’ reimbursed expenses are disclosed in note 5.

The remuneration of the senior staff is reviewed by the Trustees on an annual basis taking into account the requirements of their role and performance during the year. From time to time the Trustees benchmark pay levels against comparable positions in similar organisations.

The Trustees have complied with the Charities Act, having due regard for the Charity Commission guidance on public benefit when reviewing the Foundation’s aims and objectives, in setting the grant making policy and in making awards. These are made only to UK registered charities, which individually have to meet the public benefit requirement.

Achievements and performance

In 2024 the Trustees made new offers of grants, some multi-year, amounting to £2,270,850, cancelled a grant with a value of £28,000 and paid grants to 222 organisations totalling £2,924,706. At the end of the year under review the Foundation had outstanding grant offers and commitments of £1,503,192.

2

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

The relevance of each application and the potential outcome that an applicant proposes to achieve with help of a grant from the Foundation is assessed against the stated criteria and objectives in each category of the Trustees’ grant making policy. While the monitoring and evaluation of outcomes remains the responsibility of grantees, the majority of organisations are asked to send a progress report within a year of a grant being paid. With multi-year grant awards, a progress report is requested within a year of each payment and prior to further payments. The report is required to detail the results and outcomes of the project and the extent to which the project is meeting the objectives stated in the original application. The Trustees and staff also make their own assessment by occasionally visiting some of the recipient organisations. Overall, these processes provide evidence that the Trustees continue to meet their charitable objectives by funding a variety of organisations, the majority of which have met, and some exceeded, their stated outcomes.

The report below provides details of grant distribution by category although it should be noted that several grants impact on more than one area. The narrative below highlights some outcomes achieved with the financial contribution from the Foundation this year.

Grants paid during the year were distributed as follows: -

Social & Criminal Justice
Heritage & Conservation
Overseas
Small Grants
Miscellaneous
TOTAL		 £2,254,200
£58,000
£202,006
£371,500
£39,000
£2,924,706		 77.1%
2.0%
6.9%
12.7%
1.3%		 101
3
14
67
37
222

This report highlights representative grants paid during 2024:

Social and Criminal Justice

The Foundation supported projects that help to prevent people entering the criminal justice system, and which support those already in the system to rebuild their lives. Funding in this category is aimed at early intervention programmes for vulnerable young children and their families, tailored preventative work with young people at risk of offending, services that try to reduce re-offending and aid resettlement, and programmes of support that alleviate the consequences of domestic abuse. A total of 101 grants were made in this area in 2024.

Unlocking Potential received their first of three grant payments of £25,000 towards the charity’s Schools Programme – early intervention support for approximately 3,000 children a year with social, emotional, and mental health (SEMH) needs. Unlocking Potential’s staff are embedded in nearly 30 mainstream schools (predominantly primary schools) across ten London boroughs. They provide consistent and comprehensive universal and targeted therapeutic interventions to children referred by the schools’ pastoral care team and are active in engaging the parents/carers of the children being supported. The Schools Programme improves young people’s engagement in learning, attendance and attainment at school, behaviour, and relationships.

Trafford Domestic Abuse Services (TDAS) received a grant of £20,000 (final grant payment of three) towards support for children and young people affected by domestic abuse residing in the charity’s refuge accommodation in Manchester. One-to-one support, group programmes, therapeutic activities and family support help young people to work through the impact of domestic abuse, explore their emotions and experiences, and develop coping strategies. Outcomes of the project include improved emotional well-being, self-esteem, resilience and family relationships.

A first grant instalment (of three) of £20,000 was made to Tempus Novo, a charity working in Yorkshire with industry-leading corporations to successfully place ex-offenders into sustainable employment. Tempus Novo works with prisoners towards the end of their sentence or ex-offenders in the community, allocating them a caseworker and providing one-to-one support and coaching to help them develop life and communication skills and grow in confidence. The charity ensures all candidates for employment have the required documents and a bank account, and helps them with job applications and interviews, as well as providing mentoring and support to both employee and employer for a minimum of 12 months. The purpose of the grant is to aid in the expansion of the charity’s service to the North-West of England, placing 150 ex-offenders into employment with a 70% job retention rate after six months and a 90% reduction in re-offending.

3

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Heritage & Conservation (Category currently discontinued)

The focus in this category is on protecting, restoring, and interpreting past inventions, discoveries, industrial sites and defining moments that have shaped British history and identity, and displaying them in a modern context for public engagement, use and learning. In 2024, three grants were paid in this category.

St. Paul’s Cathedral Foundation received a grant of £10,000 towards the conservation of the ‘Light of the World’ painting – an important pre-Raphaelite artwork painted by Holman Hunt in 1904, which is regarded by many as the most significant depiction of Christ of its period. Restoration and preventative conservation works were carried out on the Cathedral floor, with interpretation text on the painting and daily talks about the work being undertaken held by the conservators for visitors. The painting is now in a stable condition with significant improvement made to its aesthetic appearance; it is protected by new glazing and has been rehung in a prominent location on the Cathedral Nave South Aisle.

The Zoological Society of London (ZSL) received a grant of £18,000 towards the redevelopment of the Library and Archives Reading Room at London Zoo. The project has increased collection storage and visitor capacity enabling improved outreach and engagement sessions and delivery of a more diverse programme of content. The project is enabling ZSL to better share its unique collection and support research and learning through access to their resources on zoology and animal conservation.

A grant of £30,000 was paid to the Ironbridge Gorge Museum Trust – the organisation responsible for the UNESCO World Heritage Ironbridge Gorge site that had a significant role in the development of the Industrial Revolution. The purpose of the grant was for the conservation and digitisation of glass plate negatives from the Coalbrookdale Company collection, who developed the production technique of smelting iron with coke. The negatives illustrate the products produced by the company during the nineteenth century, were photographed by the company’s own photographic department, and the images used to advertise the items. Over 1,800 glass plate negatives were conserved through cleaning and repairs before being packed appropriately for long-term storage. Images from the negatives have been digitised and will be catalogued and made available for viewing.

Overseas

In this category, the trustees made grants to charities that delivered projects in Commonwealth countries in Africa. Charities must be registered in the UK and adequate local monitoring must be demonstrated. Projects that improve access to clean water and sanitation, develop sustainable livelihoods in the context of environmental and wildlife conservation, and create self-sustainability through training in farming skills and income generation activities, were considered in this category. 14 grants were paid in this group in 2024.

The Foundation funded The Mango Tree with a grant of £10,000 towards supporting 150 farmers and their families in impoverished communities in Hombay County, Kenya to increase their crop yields and incomes, and improve household food security and nutrition. The project facilitates the establishment of smallholder farming groups (20-30 people each) and assists in the development of more diverse and sustainable livelihoods through training that includes natural resource management, climate mitigation techniques and adoption of climate resilient value chains, as well as the provision of appropriate inputs.

A grant of £15,000 was made to Children on the Edge towards a project to combat poverty in the Napak district of Karamoja, Uganda, and improve the livelihoods of 420 households. The project involves the delivery of group workshops and training on enterprise planning and development to assist community members in establishing businesses and other income generating activities. Participants are also trained to establish Village Savings and Loans Associations (VSLAs) and are given the opportunity to access microloans (£20-40).

Made with Hope was awarded a grant of £15,000 towards improving sanitation facilities at Muungano Primary School, Tanzania, for the benefit of over 500 students. The project involved the construction of 10 girl-friendly toilet cubicles with a changing room and menstrual facilities plus toilet blocks for boys, as well as the installation of handwashing facilities. Menstrual Health Management (MHM) and Sexual and Reproductive Health and Rights (SRHR) training was delivered to both girls and boys to tackle taboos and increase understanding, with two teachers and 120 parents trained to support students on these subjects and increase the sustainability of the project. Reusable sanitary products were also distributed to all girls of menstruating age to boost hygiene and confidence.

4

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Small Grants (Older People)

The small grant programme is open to charities operating in the British Isles with an annual income of less than £350,000. It provides grants of up to £7,000 for projects being delivered at community/grassroots levels which improve the physical and emotional health of older people, including projects that alleviate loneliness and isolation, provide practical help and support to older people living in their own homes, and address the needs of people with dementia and their carers. In 2024, 67 grants were made in this category. A list of small grants with the purpose for which each grant was made is attached to these statements.

FUTURE PLANS

The Trustees will continue supporting charities by making grants for projects within their grant making policy areas. They will continue monitoring the financial performance of their investment portfolio with a particular reference to the achievement of their longer-term strategy which gives greater emphasis to the preservation of capital.

In 2024 the Trustees made a decision in principle to sell Hayward House and relocate elsewhere with options being considered in 2025.

TRUSTEE ACTIVITIES

Trustees, members of the finance committee and staff attended various charity events and webinars and seminars on investment management and investment strategy, including the Newton/BNY Mellon Charity Investment Conference.

INVESTMENT POWERS, GRANT DISTRIBUTION, RESERVES POLICY AND GOING CONCERN

The Charles Hayward Foundation is a grant making charity. Its assets are essential to support the activities of the Foundation and are held as investments and bank deposits.

The Trustees’ powers of investment, and to expend capital and income, are not restricted under the originating Trust Deed and, in accordance with the Deed, they have absolute discretion to invest in such shares, stocks, funds, securities and property as they see fit.

The Foundation does not seek to retain reserves as the Expendable Endowment gives Trustees the flexibility to use capital as well as income to meet the charity’s operating costs and grant making obligations. Any operating deficit arising on income is met from the endowment fund and any surplus that may arise on income is expended in future years.

The Foundation aims to make grants based on a formula with an annual distribution rate of 3.2% applied to the average investment value on 31[st] December each year, over five years while taking into account annual running costs. The formula is designed to smooth annual grant distribution while maintaining the capital base in real terms over time. The formula has been operational since 2013 and at the end of 2024 the value of the endowment is 3.15% lower than the value of the 2013 endowment expressed in 2024 terms.

At the end of 2024, the total endowment fund stands at £82,822,952 (2023: 78,038,062) and there is no balance on the unrestricted income fund.

The Trustees have considered the financial budgets and cash flow forecasts for the Foundation for the period to August 2026 covering a minimum of 12 months from date of signing, reviewed the financial performance of the investment portfolio and the ability of the Foundation to meet current and new grant commitments.

The Trustees consider the Foundation to have adequate resources to continue its activities for the foreseeable future and therefore there are no material uncertainties over the Foundation’s financial viability. Accordingly, they continue to adopt the going concern basis in preparing the financial statements as outlined in the Statement of Trustees’ Responsibilities.

5

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

INVESTMENT POLICY

The financial objective of the Foundation is to grow in real terms the Foundation’s capital base in the medium term, while providing increasing income to fund the Foundation’s grant making activities. The Foundation assets are invested in line with these aims. Trustees presently see no reason to exclude particular sectors from their investments - this is reviewed annually - however, they expect their investment managers to demonstrate responsible stewardship of investment assets.

The Foundation currently adopts a total return approach to investment and the Trustees may use capital as well as income to meet the charity’s operating costs and grant making obligations. It is expected that, if in any one year the total return is insufficient to meet the charity’s budgeted expenditure, in the longterm investment gains should enable the fund to be maintained in real terms. The investment managers’ mandate is to manage the portfolio on a discretionary basis and in line with the overall policy. The inflation measure most relevant to the Foundation is the Consumer Price Index. Over a longer period, the Trustees compare performance to CPI+4% after fees.

Since 1[st] January 2020 the Foundation’s assets are managed by two investment houses – Newton Investment Management and Oxford University Endowment Management. The Newton portfolio is currently held in their pooled fund, the Newton Growth and Income Fund for Charities; it’s mandate is to deliver capital growth and income. The Newton Fund is managed with reference to a composite benchmark. The Oxford Endowment Fund’s aim is to preserve and grow the value of perpetuity capital whilst providing a sustainable income stream to fund charitable activities. The fund is focused on delivering absolute real returns of 5% per annum. OEF is not benchmarked; one of its key approaches is a multi-year time horizon which aligns well with the Foundation’s long-term view and aims.

FINANCIAL REPORT FOR THE YEAR

The assets of the Foundation comprise fixed assets used in its operations and investments which provide returns. The net incoming resources of the Foundation for the year ended 31[st] December 2024 and the financial position at that date is set out in the financial statements which follow.

The financial statements show that the Foundation received income of £129,426 (2023: £99,342) in the year. The cost of grant making was £3,015,432 (2023: £2,712,362). The net operating deficit for the year was £3,285,897 (2023: £2,984,811), which was funded by the sale of units in the Newton investment portfolio and receipt of investment gains from the OEF portfolio. The financial statements show that the total funds were £82,822,952 (2022: £78,038,062) at the end of the year, after total investment gains for the year of £8,070,787 (2023: gain of £5,841,108). Investment management costs amounted to £399,891 in 2024 (2023: £371,791).

FINANCIAL PERFORMANCE

In 2024 the investment assets of the Foundations were divided between two investment houses: Newton Investment Management Ltd and Oxford University Endowment Management. In 2024 the Newton Investment fund generated 9.15% after fees, underperforming its benchmark return of 9.30% but achieving the Foundation’s longer return target of CPI+4%. The OEF portfolio recorded a return of 12.1% after fees, outperforming its objective of 5% real return, meeting the Foundation’s longer-term target.

In the year total investments to the value of £1,750,000 were encashed from the Newton Portfolio to support operational activities in 2024. In addition, investment gains of £1,292,262 were released from the OEF portfolio. Unrealised investment gains of £2,292,141, after OEF fees, were made representing 7.3% increase (2024 increase of 2.2%) of the investment portfolio value at the start of the year.

The Trustees believe that the changes made in investment strategy in 2019 and the subsequent repositioning of the Foundation’s portfolio will contribute to the aim of maintaining the value of the endowment fund in the longer term. The position will continue to be monitored in the years ahead.

On 30[th] June 2025, the Newton portfolio valuation was £50,300,129.

The latest available Oxford University Endowment Fund valuation on 31[st] March 2025 shows a value of 31,929,973.

6

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

TRUSTEES' RESPONSIBILITIES

The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and regulations and United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards).

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions, disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the charity’s constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of Information to Auditors

Insofar as each of the Trustees of the charity at the date of approval of this report is aware there is no relevant audit information (information needed by the charity’s auditor in connection with preparing the audit report) of which the charity’s auditor is unaware. Each Trustee has taken all of the steps that he/she should have taken as a Trustee in order to make himself/herself aware of any relevant audit information and to establish that the charity’s auditor is aware of that information.

7

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

RISK MANAGEMENT

The Trustees and management assess the major risks to which the charity is exposed, and this process continued during the year. In the opinion of the Trustees the charity has established, and continues to operate, systems and controls to mitigate risks to an acceptable level in day-to-day operations.

The Trustees identified the uncertainty of financial returns to constitute the charity’s major financial risk. This is mitigated by having a diversified financial portfolio under the management of two investment houses operating to different mandates. Working through the financial sub-committee the Trustees regularly review investment strategy and monitor financial performance. They also operate a grant distribution formula which helps to ensure the stability of resources available for grant awards in any given year.

Another major risk identified during the review is a misuse of funds by a grantee charity. To mitigate this risk the Trustees restrict grants to charities registered with the UK Charity Commission or equivalent bodies. The awards are made following a due diligence process and grants are monitored; multiple grants are paid only on receipt of satisfactory progress reports.

A further major risk is IT related fraud and cyber crime. The Foundation’s staff participate in training on tackling financial fraud and mitigating cyber risk, read related guidance and are subscribed to the charity fraud awareness hub to receive email notices about new IT scams. In addition, the Foundation has taken insurance policy against cyber threats including social engineering.

THE TRUSTEES

The Trustees in office during the year were as follows:

Mrs. S.J. Heath (Chairman) Mrs. J. M. Chamberlain Mrs. C. Donald Mr A.J. Heath Mr. R. Griffith Mr. B. D. Insch Mr. J.N. van Leuven, K.C.

No Trustee had any beneficial interest in any contract with the charity during the year.

EQUAL OPPORTUNITY POLICY

The Charles Hayward Foundation is an equal opportunities employer and will apply objective criteria to assess merit. It aims to ensure that no job applicant or employee receives less favourable treatment on the grounds of age, race, colour, nationality, religion, ethnic or national origin, gender, marital status, sexual orientation or disability.

Selection criteria and procedures are reviewed to ensure that individuals are selected, promoted and treated on the basis of their relevant merits and abilities. All employees are given equal opportunity and, where appropriate and possible, special training to enable them to progress both within and outside the organisation. The Charles Hayward Foundation is committed to a programme of action to make this policy effective and has brought it to the attention of all employees.

Approved by the Trustees on July 2025 and signed on their behalf by:

Susan Heath

8

THE CHARLES HAYWARD FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Independent Auditor’s Report to the Trustees of the Charles Hayward Foundation

Opinion

We have audited the financial statements of The Charles Hayward Foundation (the ‘charity’) for the year ended 31 December 2024 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the trustees annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

9

THE CHARLES HAYWARD FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

10

THE CHARLES HAYWARD FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standards-andguidance-for-auditors/Auditors-responsibilities-for-audit/Description-of-auditors-responsibilities-foraudit.aspx. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

John Howard FCA (Senior Statutory Auditor) for and on behalf of Azets Audit Services Statutory Auditors, Chartered Accountants 2nd Floor, Regis House 45 King William Street London EC4R 9AN

Date:

11

THE CHARLES HAYWARD FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Notes
Income from:
Investments
2
Total income
Expenditure on:
Raising funds –
Investment
management costs
3
Charitable activities
- Grant making
13
- Grant related support
costs
4
Cost of grant making
Total expenditure
Net operating deficit
Net (losses) / gains on
investments
Net (expenditure) /
income
Transfers between
funds
Net movement in funds
Reconciliation of funds
Total funds brought
forward
Total funds carried
forward
12*		 Unrestricted
Income Fund
Expendable
Endowment
Total
Unrestricted
Income Fund
Expendable
Endowment
2024
2024
2024
2023
2023
£
£
£
£
£
129,426
-
129,426
99,342
-		 Total
2023
£
99,342
129,426
-
129,426
99,342
-
-
(399,891)
(399,891)
-
(371,791)		 99,342
(371,791)
(2,653,350)
-
(2,653,350)
(2,391,880)
-
(362,082)
-
(362,082)
(320,482)
-		 (2,391,880)
(320,482)
(3,015,432)
-
(3,015,432)
(2,712,362)
-		 (2,712,362)
(3,015,432)
(399,891)
(3,415,323)
(2,712,362)
(371,791)		 (3,084,153)
(2,886,006)
(399,891)
(3,285,897)
(2,613,020)
(371,791)
-
8,070,787
8,070,787
-
5,841,108		 (2,984,811)
5,841,108
(2,886,006)
7,670,896
4,784,890
(2,613,020)
5,469,317
2,886,006
(2,886,006)
-
2,613,020
(2,613,020)		 2,856,297
-
-
4,784,890
4,784,890
-
2,856,297
-
78,038,062
78,038,062
-
75,181,765		 2,856,297
75,181,765
-
82,822,952
82,822,952
-
78,038,062		 78,038,062

All recognised gains during the year are included in the Statement of Financial Activities.

The accompanying notes form part of this Statement of Financial Activities.

The notes on pages 15 to 22 form part of these accounts.

12

THE CHARLES HAYWARD FOUNDATION BALANCE SHEET AS AT 31 DECEMBER 2024

Notes
FIXED ASSETS
Intangible Assets
6
Tangible assets
7
Investments
8
Total Fixed Assets
CURRENT ASSETS
Debtors and prepayments
9
Short-term deposits
Cash at bank and in hand
Total Current Assets
LIABILITIES:
Creditors: Amounts falling due within
one year
10
NET CURRENT LIABILITIES
Total assets less current liabilities
Creditors: Amounts falling due after
more than one year
11
TOTAL NET ASSETS
The Funds of the Charity:
Expendable Endowment funds
12
Approved by the Trustees on July 2025		 Total Funds
Total Funds
2024
2023
£
£
5,573
-
1,987,864
2,021,090
80,310,683
77,623,526
84,304,120
79,644,616
17,739
16,111
70,000
165,000
11,995
55,782
99,734
236,893
(1,499,702)
(1,503,947)
(1,399,968)
(1,267,054)
82,904,152
78,377,562
(81,200)
(339,500)
82,822,952
78,038,062
82,822,952
78,038,062

and signed on their behalf by Susan Heath

The notes on pages 15 to 22 form part of these accounts.

13

THE CHARLES HAYWARD FOUNDATION CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024

2024 2023
£ £
Reconciliation of net income to net cash flow from
operating activities
Net income for the reporting period 4,784,890 2,856,297
Dividends, interest and rents from investments (note 2) (129,426) (99,342)
Losses / (Gains) on investments (note 8) (7,868,352) (5,656,130)
(Increase) in debtors (note 9) (1,628) (332)
(Decrease) in creditors (notes 10 & 11)
(262,545)		 (189,587)
Depreciation (note 4) 34,365 **33,881 **
Net cash (used in) operating activities (3,442,696) (3,055,213)
CASH FLOW STATEMENT
Net cash (used in) operating activities (3,442,696) (3,055,213)
Cash flows from investing activities:
Dividends, interest and rents from investments 129,426 99,342
Purchase of Intangible assets (6,712) -
Proceeds from sale of investments 1,750,000 1,900,000
Investment Distribution **1,292,262 ** 1,258,745
Net cash provided by investing activities 3,164,976 **3,258,087 **
Increase/(Decrease) in cash (277,720) 202,874
2023
Cash Flow		 2024
£
£		 £
Analysis of cash and cash equivalents
Cash at bank and in hand 55,782
(43,787)		 11,995
Short term deposits 165,000
(95,000)		 70,000
Cash balances held by investment management for
re-investment 2,033,634
(138,933)		 **1,894,701 **
2,254,416
(277,720)		 1,976,696

The notes on pages 15 to 22 form part of these accounts.

14

THE CHARLES HAYWARD FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. PRINCIPAL ACCOUNTING POLICIES

(a) Basis of preparation

The financial statements have been prepared in accordance with the Charities SORP (FRS102) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011 and UK Generally Accepted Practice.

The Foundation constitutes a public benefit entity as defined by FRS 102.

The Trustees have considered the financial budgets and cash flow forecasts for the Foundation for the period to June 2026 covering a minimum of 12 months from date of signing.

The Trustees consider the Foundation to have adequate resources to continue its activities for the foreseeable future and there are therefore no material uncertainties over the Foundation’s financial viability. Accordingly, they continue to adopt the going concern basis in preparing the financial statements as outlined in the Statement of Trustees’ Responsibilities.

The financial statements are presented in Sterling and rounded to the nearest £.

(b) Income

Income is derived from the encashment of investment units.

Any recoverable taxation, which are included on an accruals basis.

(c) Expenditure

Costs of generating funds represent amounts paid to the Foundation's external investment advisors.

Charitable activities expenditure comprises grants and donations awarded by the Trustees in accordance with criteria set out in the Trust Deed, together with grant related support expenditure. Grants are charged to the statement of financial activities when a legal or constructive obligation arises when the other party has a reasonable expectation of receipt.

Grant related support costs represent staff, office and governance costs incurred in managing the grant award programme.

(d) Investments

Investments are included in the accounts at mid-market value at the balance sheet date and the surplus or deficit on this revaluation, together with realised gains and losses, is included within investment gains or losses on the face of the Statement of Financial Activities. Investment management costs are charged against the expendable endowment.

15

THE CHARLES HAYWARD FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. PRINCIPAL ACCOUNTING POLICIES – CONTINUED

(e) Governance Costs

These comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

(f) Pensions

Employees of the Foundation are entitled to avail themselves of a pension scheme whereby individual money purchase contributions are matched by contributions by the Foundation as a percentage of salary. The Foundation’s contribution is charged to the Statement of Financial Activities in the year. No contributions were outstanding at the year end.

(g) Taxation

The Foundation carries on activities which are exempt from corporation tax and income tax.

(h) Intangible Fixed assets

Intangible assets are capitalised when

Depreciation has been calculated at the following annual rates, in order to write off each asset over its estimated useful life.

Website development costs 33% straight line

(i) Tangible Fixed assets

Freehold property is stated at valuation in 1990 by the predecessor charity, The Hayward Foundation, less depreciation. Furniture and office equipment, including computer equipment, is stated at cost, or valuation by the predecessor charities, less depreciation. Tangible assets with costs of £500 or more are capitalised.

Depreciation has been calculated at the following annual rates, in order to write off each asset over its estimated useful life.

Buildings 2% straight line Furniture and office equipment 20% straight line Computer equipment 33% straight line

The furniture in the office is mainly antique and has a residual value in excess of book value. Depreciation is not therefore provided, as the amount of any depreciation charge would not be material.

The freehold property requires routine internal and external refurbishment reflecting its age. Costs arising from meeting these needs are expensed in the year the expenditure is incurred as the need is identified and the refurbishment takes place. Material expenditure is disclosed in the notes to the accounts.

16

THE CHARLES HAYWARD FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. PRINCIPAL ACCOUNTING POLICIES – CONTINUED

(i) The Trust Fund

Expendable Endowment

The trust deed provides that the Trustees shall hold the capital of the Trust Fund as expendable endowment and the income thereof for the benefit of such charitable purposes as the Trustees may determine. This fund as a whole therefore provides the core cash receipts of the Foundation and thereby the finance for its continuing activities. In 2013 and for future years the Trustees agreed to allocate an amount to the grant programme based on a percentage of the fund value on 31[st] December, calculated on a five-year moving average basis and taking into account annual running costs. The Fund is subject to review by the Trustees from time to time to take account of the impact of inflation and so ensure that so far as possible its value is maintained in the accounts in real terms.

Unrestricted Income Fund

The policy of the Trustees is to expend within a reasonable time its cash receipts from investments after deducting the costs of generating funds and administrative costs. Any balance on the Fund is transferred to the expendable endowment at the end of the year and remains available for future years.

(k) Financial instruments

The Charles Hayward Foundation has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at amortised cost using the effective interest method. Financial assets held at amortised cost comprise cash at bank and in hand, together with accrued interest and other debtors. Financial liabilities held at amortised cost comprise grants payable and accruals.

Investments are held as part of an investment portfolio are held at fair value at the Balance Sheet date, with gains and losses being recognised within income and expenditure.

(l) Cash and cash equivalents

Cash and cash equivalents include cash at bank and in hand, cash held for reinvestment and short-term deposits with a maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

(m) Critical accounting judgements and key sources of estimation uncertainty

In the application of the charity’s accounting policies, which are described in note 1, Trustees are required to make judgements, estimates, assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects the current and future periods.

In the view of the Trustees, no assumptions concerning the future or estimation uncertainty affecting assets and liabilities at the balance sheet date are likely to result in a material adjustment to their carrying amounts in the next financial year.

17

THE CHARLES HAYWARD FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

2.
INVESTMENT INCOME
Investment income
Interest on deposits		 2024
2023
£
£
121,722
93,183
7,704
6,159
129,426
99,342

Investment income represents interest earned on cash held within the investment portfolio. The cash requirements of the portfolio are mostly met from the sale of investment units from the Foundations investment portfolio held with Newton and distributed gains from the Oxford Endowment Fund.

3. COST OF GENERATING FUNDS

These costs comprise the investment manager’s fees. The Trustees are of the opinion that these relate to the generation of a total return on the investment portfolio and as such have charged the Expendable Endowment with these fees.

4.

GRANT RELATED SUPPORT COSTS
Establishment expenses
Personnel and pension costs (note 5)
Audit and Accountancy
Other expenses
Depreciation (note 6 and 7)
Included in support costs are governance related costs,
analysed as follows:
Establishment expenses
Personnel and pension costs
Audit and accounts preparation
Depreciation
Other expenses		 2024
2023
£
£
87,167
52,898
203,178
193,377
19,611
20,255
17,761
20,071
34,365
33,881
362,082
320,482
2024
2023
£
£
4,358
3,065
6,606
6,346
15,080
15,000
1,718
1,694
888
1,005
28,650
27,110

(Included in the above figures is an audit fee of £14,000 (2023: £14,000)).

Governance costs are charged in the following manner Establishment expenses, Depreciation and other expenses - 5% Personnel costs based on the estimated % of each employee spent on governance issues.

Establishment expenses include property refurbishment of £1,894 (2023: £14,901).

18

THE CHARLES HAYWARD FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

5.
PERSONNEL AND PENSIONS COSTS
Personnel costs
Social security costs
Pension and other benefit contributions
Average number of staff employed in year:
Full time
Part time		 2024
2023
£
£
140,980
136,723
10,174
9,569
52,024
47,085
203,178
193,377
No.
No.
2
2
2
2

The average number of employees during the year was four (2023: four) of which three were employed on charitable support or governance activities.

Having regard to the small number of full-time employees the Foundation considers its key management personnel to comprise the two full time employees and trustees. The total employment benefits including employer pension contributions of these key management personnel were £179,925 (2023: £171,797).

One employee earned between £100,000 and £109,999 (2023: one employee earned between £100,000 and £109,999)

No Trustee received any remuneration for their services during the year; travelling & sundry expenses incurred on behalf of or reimbursed to two Trustees amounted to £956 (2023: £1,852).

6.
INTANGIBLE FIXED ASSETS
Cost or Valuation
At 1 January 2024
Additions
At 31 December 2024
Depreciation & amortisation
At 1 January 2024
Charge for year
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023		 Website
Total
£
£
-
-
6,712
6,712
6,712
6,712
-
-
1,139
1,139
1,139
1,139
5,573
5,573
-
-

19

THE CHARLES HAYWARD FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

7.
TANGIBLE FIXED ASSETS
Cost or Valuation
At 1 January 2024
Additions
At 31 December 2024
Depreciation & amortisation
At 1 January 2024
Charge for year
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023		 Freehold
Property
Furniture
Office &
Computer
Equipment
Total
£
£
£
£
2,959,000
148,160
26,529
3,133,689
-
-
-
-
2,959,000
148,160
26,529
3,133,689
1,072,820
14,440
25,339
1,112,599
32,510
-
716
33,226
1,105,330
14,440
26,055
1,145,825
1,853,670
133,720
474
1,987,864
1,886,180
133,720
1,190
2,021,090

(a) The freehold property was donated to The Hayward Foundation in 1991 for the specific purpose of providing accommodation for the Foundation and its related charity The Charles Hayward Trust on a permanent basis. On transfer to The Charles Hayward Foundation, the Trustees adopted the transitional provisions of Financial Reporting Standard No 15 ‘Accounting for Fixed Assets’,

(b) All tangible assets are held for continuing use in the Foundation's activities.

(c) Freehold Property comprises a land element of £1,333,500 which, in line with Financial Reporting Standard 102, is not depreciated, and a buildings element of £1,625,500 which is subject to an annual charge for amortisation.

20

THE CHARLES HAYWARD FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

8.
INVESTMENTS
Listed investments
As at 1 January
Additions at cost
Disposals
Unrealised & realised gains
Investment gain distribution
At 31 December
Cash held by investment managers for re-investment
Balance at 31 December
Historic cost of listed investments at 31 December
Analysis of investments:
Newton Growth & Income Fund for Charities
Oxford University Endowment Management
Cash held for re-investment
9.
DEBTORS
Prepayments & accrued income
Other Debtors
10.
CREDITORS: amounts falling due within one year
Grants payable (see note 13)
Trade creditors
Taxation and social security
Accruals		 2024
2023
£
£
75,589,892
73,092,507
-
(1,750,000)
(1,900,000)
7,868,352
5,656,130
(1,292,262)
(1,258,745)
80,415,982
75,589,892
1,894,701
**2,033,634 **
82,310,683
77,623,526
52,206,578
51,334,699
2024
2023
£
£
46,676,829
44,142,880
33,739,153
31,447,012
1,894,701
2,033,634
82,310,683
77,623,526
2024
2023
£
£
15,642
14,501
2,097
1,610
17,739
16,111
2024
2023
£
£
1,421,992
1,435,048
9,336
2,908
3,805
3,902
64,569
62,089
1,499,702
1,503,947

21

THE CHARLES HAYWARD FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

11. CREDITORS: amounts falling due after more than one year 2024 2023
£ £
Grants payable (see note 13) 81,200 339,500
12. ANALYSIS OF ASSETS BETWEEN FUNDS
2024 Fixed assets Investments Other assets Total
& liabilities
£ £ £ £
Expendable endowment 1,993,437 82,310,683 (1,481,168) 82,822,952
Unrestricted income fund - - - -
1,993,437 82,310,683 (1,481,168) 82,822,952
2023 Fixed assets Investments Other assets Total
& liabilities
£ £ £ £
Expendable endowment 2,021,090 77,623,526 (1,606,554) 78,038,062
Unrestricted income fund - - - -
2,021,090 77,623,526 (1,606,554) 78,038,062

13. GRANTS

The Trustees consider that grant making is the Foundation’s sole charitable activity. The following is an analysis of the movement on grants account:

Obligations at 1 January
Payable within one year
Payable more than one year
Approvals in year
Small grants paid in year
Offers cancelled
Trustee grants paid
Total Grants
Grant charge for the year
Payments in year
Obligation at 31 December
Payable within one year
Payable more than one year		 2024
2023
£
£
1,435,048
1,267,100
339,500
695,700
1,774,548
1,962,800
2,270,850
2,106,000
371,500
319,780
(28,000)
(97,900)
39,000
64,000
2,653,350
2,391,880
2,653,350
2,391,880
(2,924,706)
(2,580,132)
1,503,192
1,774,548
1,421,992
1,435,048
81,200
339,500
1,503,192
1,774,548

14. RELATED PARTY TRANSACTIONS

There are no related party transactions in the report period which require disclosure.

22

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2024

SOCIAL & CRIMINAL JUSTICE

Action4Youth Breakout - intervention program for at risk youth £19,000
Amber Foundation 2 bed spaces at Bythesea Lodge, Wiltshire, for young
people with offending backgrounds		 £24,500
Aspire Oxfordshire
Community Enterprise Ltd		 Through the Gate (TTG) support project £12,700
Aurora New Dawn DVA Cars™ Project helping domestic abuse victims in
Hampshire access safety, justice and rebuild their lives		 £25,000
Barca Leeds Discover Programme for young people at risk of
involvement in crime		 £22,600
Basis Yorkshire Young People Service – additional support worker £25,000
Beating Time 'Inside Job' employment support for people leaving prison £25,000
Berkshire Women's Aid
(BWA)		 Aim for Change - a programme for those who use abusive
behaviour		 £23,600
Big House The Open House theatre project £25,000
BIGKID Foundation Breaking Barriers with American Flag Football' programme
for girls who are at risk of school exclusion		 £15,800
Blackpool FC Community
Trust		 Tower Above mentoring programme £25,000
Bolton Lads & Girls Clubs Outreach project to support at-risk youth £25,000
Brent Centre For Young
People		 Youth Offending Project £25,000
Brighton and Hove Albion
Foundation		 Twinning Programme £25,000
Bristol Rugby Community
Foundation (Bristol Bears)		 ‘Set Play’ programme for young people at risk of offending
in south Bristol		 £23,000
CARA (Centre for Action
on Rape and Abuse)		 Integrated Support project £25,000
Circles South West 'Circles of Support and Accountability' for young people
displaying sexually harmful behaviour		 £25,000
Citizens Advice Somerset Access to Justice - Litigants in person £25,000
City Gateway ReBuild - Pathways to Employment for young ex-offenders
and people at high risk of offending		 £25,000
Cumbria Addictions Advice
and Solutions CADAS		 East Coast Family Service support vulnerable families
impacted by addiction		 £20,000
Cyrenians Key to Work early intervention project for young people in
Edinburgh		 £15,000
Dandelion Time farm-based therapeutic programmes for children with
serious emotional and behavioural difficulties and their
families		 £20,000
DARTS, Doncaster
Community Arts		 Creative Classrooms - drama workshops for at risk
children		 £19,500
DASH Charity (Domestic
Abuse Stops Here)		 Refuge Family Practitioner £25,000
Early Years Scotland 'Children Affected by Parental Imprisonment' programme £20,000
Edinburgh Women's Aid Continuation of Children’s Rights and Participation Service
(CRPS)		 £15,500
Empire Fighting Chance Box Champions programme, combining boxing,
psychologically informed mentoring and wraparound
support		 £25,000
everyFAMILY (Brentry &
Henbury Children's Centre)		 The Nurturing Programme, an evidence-based parenting
programme for fathers at HMP Bristol		 £17,500
Fine Cell Work Support for prisoners at HMPs Downview and Send in
prison and progress to post release training and
employment scheme		 £20,000

23

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2024

Fortalice Ltd Support services for children and young people affected by
domestic abuse and violence		 £20,000
Foundation of Light Prepared to Play Programme for young people aged 9 to
13 and their families		 £23,000
Future Men Future Dads Programme £15,000
Gilgal Birmingham Frontline Support Worker at the Refuge £25,000
Greater Manchester Youth
Network (GMYN)		 Programme for young people with experience of the care
system in Tameside		 £25,000
Her Centre Post of Young Women and Girls IDSAA £25,000
Hope into Action 'This Positive Futures' project - empowerment worker £25,000
Hull Women's Aid Salary of a Specialist Young Survivor Worker £20,000
Inspire Suffolk SportPlus project for at risk young people (aged 12-16) £16,900
Irene Taylor Trust Making Tracks £25,000
Jigsaw4u Limited Continuation of expanded Jigsaw4u’s Headlight
Programme		 £25,000
Kids Inspire Talk Together therapeutic services for children and their
families		 £25,000
Leap Confronting Conflict Improving Prospects £25,000
Mahdlo Early Intervention Programme for vulnerable girls in
Oldham, aged 12 to 16		 £19,000
Mentoring Plus Volunteer Mentoring Project for at risk youth £15,000
Music Works Making It 2 £20,000
Nelson Trust Salary of Change Team Key support worker at Swindon £25,000
NEPACS Court based early intervention project for families in the
criminal justice system		 £25,000
New Horizon Youth Centre Youth Outreach Project £25,000
NIDAS Domestic Abuse Outreach Worker £21,000
Oasis Children's Venture Girl Space £15,000
Oasis Domestic Abuse
Service		 Recovering Together family support project £25,000
Off the Fence Gateway Women’s Centre £25,000
One 25 Limited Outreach support for women street sex-working or at risk
of entering street sex work		 £25,000
One Small Thing Community Partner Post at the Southampton Hub £25,000
Ormiston Families 'Breaking Barriers' - individual support for children and
young people who have a close family member imprisoned		 £20,000
Positive Youth Foundation Mentoring programme for young people aged 10-14 at risk
of offending.		 £25,000
Power2 Ltd Power2 Energise programme £25,000
Preston North End
Community and Education
Trust (PNECET)		 'On the Ball’ programme £25,000
Prisoners' Advice Service Legal advice and support for female prisoners £15,000
Prisoners' Education Trust Distance learning courses for female prisoners £15,000
Rape & Sexual Violence
Project (RSVP)		 Red Project - sex workers' advocacy service £20,000
Rees Foundation Caring for young care experienced people in custody £22,600
Rising Sun Domestic
Violence Project		 Adolescent Boys Programme £25,000
Rochdale Connections
Trust		 Targeted support for youth at risk of entering criminal
justice system		 £21,900
RSACC Rape and Sexual
Abuse Counselling Centre		 Peer support groups for sexual abuse survivors £20,000

24

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2024

Safeline Salary of part time Early Intervention Co-Ordinator for
Primary School Prevention Programme		 £19,600
Safety Net UK Trauma-informed support and therapy to children and
young people impacted by domestic and sexual abuse		 £20,000
Saracens Foundation Breakdown Project at the Pavilion Pupil Referral Unit in
Barnet		 £25,000
Save the Family Family mentor post £23,000
Settle The Settle Programme £25,000
Sexual Assault & Abuse
Support Service,
Buckinghamshire and
Milton Keynes
(SAASSBMK)		 Therapeutic support services for survivors of sexual
violence and domestic abuse		 £25,000
Sport 4 Life UK EET Project - Education, Employment and Training for at
risk youth		 £20,000
St. Michael's Fellowship 'Fathers Included' intervention program for young dads £15,000
Staffordshire Women's Aid Salary of Volunteer Coordinator £23,000
Stockport County
Community Trust		 ‘Rise Together’ project for at-risk teenage girls £24,000
Stockport Women's Centre Salary of the Senior Case Worker managing the one-to-
one casework service		 £18,000
Streets of Growth 'Inspire' project for women at risk £25,000
Support After Rape and
Sexual Violence Leeds
(SARSVL)		 Develop and expand specialist counselling service £25,000
Switchback Switchback Initiative - mentoring and training inside prison
and on release		 £25,000
TDAS (Trafford Domestic
Abuse Services)		 "Accommodation-based support service for children and
young people affected by domestic abuse”		 £20,000
Tempus Novo Helping offenders, particularly re-offenders, gain and retain
employment		 £20,000
The Trust for Developing
Communities		 Connect Youth Coaching Programme £20,000
ThinkForward Coaching and employability intervention in the City of
London Academy’s Pre-Apprentice Hub for at risk youth		 £25,000
Three13 Training and
Enterprise Ltd		 ‘Pathway to employment’ programme in The Oakwood
Gardens		 £23,400
TLG (Transforming Lives
for Good)		 Early intervention programme £18,300
Unlocking Potential Schools Programme – social, emotional, and mental health
support in London schools		 £25,000
Venture Trust Next Steps Outreach program for at risk women £25,000
Voices from Care Cymru Care leavers’ peer support programme in the criminal
justice system		 £25,000
We are Survivors Outside OUT Spoken (OSOS) - a prison release
programme for male offenders who are victims of sexual
abuse		 £25,000
Wigan Athletic Community
Trust		 ‘Empowered’ program for girls vulnerable to crime and
child sexual exploitation		 £19,500
Wigan Youth Zone Outreach youth work and diversionary activities for young
people at risk of offending		 £20,000
WILD Young Parents Safer parents - safer babies. Specialist support for young
parents		 £22,300
With Kids "Play Therapy for children who have experienced adverse
childhood experiences and trauma”		 £25,000
Woman's Trust Pan London therapeutic support groups for women
affected by domestic abuse		 £25,000

25

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2024

Women in Prison Women MATTA - Early intervention support for at-risk
women		 £25,000
Women's Work Derby Salary of a Project Worker on a Turnaround Project £25,000
Working Chance Limited Providing employment support to female ex-offenders £25,000
Yellow Door Early years domestic abuse programme for parents and
children of under 5 years of age living in Southampton		 £25,000
YMCA Worcestershire HMP Hewell Rainbow project £25,000
Young Lives Foundation Mentoring and support for at risk youth £20,000
Youth Federation for
Cheshire		 Back on Track Programme £25,000
TOTAL £2,254,200
HERITAGE & CONSERVATION
Ironbridge Gorge Museum
Trust		 Conserve and digitise The Coalbrookdale Company
Collection		 £30,000
St. Paul's Cathedral
Foundation		 Conservation and relocation of 'The Light of the World'
painting		 £10,000
The Zoological Society of
London (ZSL)		 Development of the Library & Archive reading room £18,000
TOTAL £58,000
OVERSEAS
ACE Africa (UK) Training in farming skills and income generation activities
for women’s groups in Bungoma, Kenya		 £15,000
African Adventures
Foundation		 Not just a WASHroom Ghana £15,000
African Child Trust Mheshimishe Binti Project educating girls aged 11 to 18
about menstrual health and hygiene in Chato district,
Tanzania		 £15,000
Chevening Scholarship -
Association of
Commonwealth
Universities		 Chevening Scholarship £18,856
Children on the Edge Small business training and Village Savings and Loans
Associations for households in the Napak region in
northern Uganda.		 £15,000
EdUKaid Empowering adolescent girls and young women through
income generating skills training in rural Tanzania.		 £15,000
Funzi and Bodo Trust Agricultural training and establishment of a Farm School £14,500
Kids Club Kampala Skills Empowerment Project provides vocational training,
business skills and startup resources to women in
Kampala’s slums. Uganda		 £13,250
Made with Hope Improving sanitation facilities and providing menstrual and
sexual health education at Muungano Primary School,
Tanzania		 £15,000
Mondo Foundation 'Standing on our own two feet' expanding women's small
businesses in Tanzania		 £10,400
Signpost International Agricultural training and financial management support for
smallholder farmers in Uganda		 £15,000
The Mango Tree Our Lives Our Land supporting impoverished communities
in Homabay County, Kenya		 £10,000
Tiyeni Emazini Hot Spot in Northern Malawi £15,000
Zambia Orphans Aid UK Providing WASH facilities for a new girls’ secondary
school and women’s education centre in Chibombo
District, Zambia		 £15,000
TOTAL £202,006

26

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2024

SMALL GRANTS

SMALL GRANTS
Absafe 'Dinna Get Scammed' - cyber resilience sessions for older
people		 £6,000
African Women Impact UK Over 65s Social Club – combatting isolation among older
BME women		 £5,000
Age Concern Mole Valley Support services for older people £4,000
Age Concern North Norfolk Day centre activities £3,000
Ainsdale Lunch and Leisure Weekly exercise classes for older people £5,000
Amadudu Women's Refuge Therapeutic support and activities for families in refuge
accommodation		 £10,000
Arts 4 Dementia Community-based creativity programme in Southwark £5,000
Arts Active Trust 'Get Creative and Get Moving' - Creative Arts for
Wellbeing programme for older people		 £4,000
Audlem & District
Community Action		 Support and activities for older people £4,000
BEFriend Ealing befriending service for older people £5,000
Birchall Trust Pre Trial-Therapeutic Support Programme £10,000
BUDS (Better
Understanding of Dementia
for Sandwell)		 Social activity session for newly diagnosed people living
with dementia and their carer/family member		 £5,000
Carnagat Area Community
Association		 Weekly social and activity group for older people £3,000
Children First Derby One-to-one mentoring and indoor climbing sessions for
vulnerable young people		 £8,000
Children Heard and Seen Salary of a Child and Families practitioner working with
children in Berkshire with a parent in prison		 £10,000
Cleveland Housing Advice
Centre		 Support and advice services for older people £5,000
Communicare in
Southampton		 Volunteer support services for older people £5,000
Copenhagen Youth Project Enterprise and Employability Programme £10,000
Cornwater Evergreens Social activities for older people £5,000
Coventry Rugby
Community Foundation		 Walking rugby for older people £4,000
Creative Response Arts Arts sessions for older people £3,000
Dartmouth Caring One-to-one dementia support £5,000
Dementia Together Wirral Social activities and support to people living with dementia
and their carers		 £3,000
Dromboughil Community
Centre		 'Aged to Perfection' - lunch and activity club for older
people		 £3,000
Dundee Age Concern Music therapy for older people £4,000
Fair Play Foundation Active Seniors £5,000
Fair Shares Stroud Time Bank – Supporting Older People with
Dementia		 £5,000
Faversham Assistance
Centre (FACE)		 Home maintenance and gardening services for older
people		 £4,000
Fermanagh Women's Aid Personal development programmes for women who have
experienced domestic abuse		 £10,000
Forget-me-not Chorus FMNC community choirs in Cardiff North, and Cardiff
South & Vale		 £4,000
Geese Theatre Company ‘Journey Woman’ programme in prisons £10,000
Healthy Generations Community exercise programme for older people £5,000

27

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2024

Henna Asian Women's
Group		 Befriending service for older people £5,000
Herts Musical Memories Singing group in Wheathampstead for people with
dementia and their carers		 £5,000
Impact Family Services Group work support programmes for victims of domestic
abuse		 £10,000
Karis Neighbour Scheme Karis BeFriends project for older people £5,000
Kincardine & Deeside
Befriending		 Volunteer befriender expenses £5,000
Leicester Tigers
Foundation		 'Love to Move' programme for people with dementia £4,500
Lewisham Churches Care Ageing Well in Lewisham social activity groups for older
people		 £3,000
MRS Independent Living Fifty Plus Digital project £4,000
Museum of Oxford
Development Trust		 Social and activity sessions for older people in Barton £4,000
Neighbourhood Action (In
Farnley, New Farnley and
Moor Top)		 ‘Friendly Fridays’ Memory Loss Support Group £3,000
OPAL Services (Rural West
Cheshire)		 'Food for Thought' project for older people £4,000
Ormlie Community
Association		 Silver Citizens programme £5,000
Otakar Kraus Music Trust OK Music Harmony £4,000
Pallion Action Group Life and employability skills support programme for young
people at high risk of/engaged in offending or anti-social
behaviour		 £10,000
PCC of All Hallows
Bromley-by-Bow		 Fern Street Family Centre £10,000
Poleglass Community
Association @ Sally
Gardens		 Workshops and mentoring for at risk youth £10,000
Purple Shoots Business
Lending Ltd		 ‘Why not…Start a Business’ course and support for ex-
offenders		 £10,000
Selsey Community Forum Selsey Care Shop £5,000
Shopper-Aide Ltd Shopping service and social groups for older people £3,000
Skerton (Lancaster)
Community Association		 'Skerton Seniors' - weekly activities for older people £3,000
St. David's Bradbury Day
Centre		 Salary of a Weekend Support Worker £5,000
Telford & The Wrekin
Senior Citizens Forum
(Forum 50+)		 Befriending support services £5,000
The Cape Community Day
Care Centre		 Cape wellbeing project for older people £4,000
The Gatton Trust Wild Wellbeing project for older people £4,000
The Green Team Garden maintenance service for older people £6,000
The KidsAid Foundation One-to-one trauma-specialised therapeutic support for
children and young people, and their parents/caregivers		 £10,000
Time to Talk Befriending Volunteer costs for befriending services for older people £5,000
Unite Carers in Mid Devon Support for older carers £5,000
Volunteer Centre,
Kensington and Chelsea		 InsideOut programme supporting offenders and ex-
offenders		 £10,000
Wainman Trust Activities programme for older people £5,000
West Norfolk Befriending Supporting isolated older carers £5,000
Wetherby in Support of the
Elderly		 WiSE Memory Cafe £5,000

28

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2024

Wick Community Hub The Monday Club group for older people £3,000
XL Wales Digital Inclusion project for older people £6,000
York Neighbours Support services for older people £4,000
TOTAL £371,500
MISCELLANEOUS
Amber Trust £500
Bucks Association for the Care of Offenders (BACO) £1,000
Cancer Research UK £1,000
Cardiac Risk in the Young (CRY) £500
Chalke Valley History Trust £850
Changing Faces £500
Dodford Children's Farm £1,000
Ebbesbourne Wake PCC £500
Epilepsy Research UK £500
Florence Nightingale Hospice Charity £2,000
Julia's House £650
Marie Curie £500
National Autistic Society £1,000
PACE Centre £1,000
Pershore Wellbeing Hub £1,000
Priaulx Library £5,000
Princess Alice Hospice £500
Ripple Effect £1,000
Salvation Army £500
Seeds4Success £1,000
Songbird Survival £1,000
Spinal Injuries Association £500
St Mungo's £500
St. Peter & St. James Charitable Trust £1,000
St. Raphael's Hospice £500
St. Richard's Hospice £1,000
Thames Valley Air Ambulance £1,000
The Brain Tumour Charity £2,000
The Compassionate Friends (TCF) £1,000
The Compassionate Friends (TCF) £2,000
The Garden Museum £2,000
The Grace Dear Trust £1,000
The Irish Guards Charity £750
Tusk Trust £1,000
Valle Crucis Mission Area £1,250
Welsh Air Ambulance Charitable Trust £1,000
West Barnes Singers £1,000
TOTAL £39,000

29