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2025-12-31-accounts

Charity Number: 1078969

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2025

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 2025

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 2025

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 2025 the Trustees made new offers of grants, some multi-year, amounting to £2,204,900, cancelled a grant with a value of £25,000 and paid grants to 209 organisations totalling £2,725,950. At the end of the year under review the Foundation had outstanding grant offers and commitments of £1,327,000.

2

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

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 and Criminal Justice
Heritage and Conservation
Overseas
Small Grants (Older People)
Miscellaneous
TOTAL		 £2,103,950
£20,000
£229,500
£300,500
£72,000
£2,725,950		 77.2%
0.7%
8.4%
11.0%
2.7%		 91
1
15
58
44
209

This report highlights representative grants paid during 2025:

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 91 grants were made in this area in 2025.

Switchback received the second of two grant payments of £25,000 towards the charity’s intensive mentoring and practical training programme supporting young men (aged 18-30) leaving prison in London. Centred on a meaningful relationship between a Switchback Mentor and Trainee, consistent one-to-one support is provided beginning up to three months pre-release and continuing through the transition back into the community. Switchback help trainees build motivation and navigate services, providing support across ten life pathways (e.g. housing, finances, physical and mental health, etc), and access to real-work training. Outcomes include improved stability and confidence, positive progress in education, training or employment, and re-offending rates significantly below the national average.

A first grant instalment (of two) of £25,000 was made to Staying Put towards the charity’s hospitalbased Independent Domestic Violence Advocate (HIDVA) at Bradford Royal Infirmary who works in the context of pre- and post-natal services, supporting new and expectant mothers experiencing abuse. The Maternity HIDVA is embedded within the community midwifery pathway and hospital network, and has become a trusted, visible, and highly effective presence for women at one of the most vulnerable points in their lives. The role focuses on women’s safety, provides information and support, and makes referrals to other services, as well as training hospital staff to identify the signs of abuse, ensuring that women experiencing abuse are identified earlier and supported more effectively.

The Recruitment Junction received the first of two grant payments of £25,000 towards its work supporting people with convictions into paid employment through a combination of prison-based and community interventions. Working across North East England, the charity’s team of Specialist Recruitment Consultants provide one ‑ to ‑ one mentoring, group support and practical pre ‑ employment preparation (e.g. CV writing, mock interviews, disclosure coaching, etc), before matching candidates to suitable vacancies from the charity’s network of 50+ employer partners, as well as providing in ‑ work support once employment is secured. Historically, over 70% beneficiaries have secured paid employment.

3

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

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. 15 grants were paid in this group in 2025.

The Foundation funded Pump Aid with a grant of £15,000 towards expanding its professional water point repair and maintenance service in Malawi. Through the project four local water entrepreneurs are trained, mentored and supported to become Area Mechanics, establishing businesses that provide repair and maintenance services to at least 100 community water points, restoring access to safe water for over 41,000 people. Communities are supported to take ownership of their waterpoint assets and contribute in a financially sustainable way, helping to ensure long-term functionality.

Sand Dams Worldwide received a grant of £15,000 towards one of their projects in the Ukambani region of southeast Kenya, which support rural, dryland communities to improve water security and build more resilient, sustainable livelihoods. Working with their local NGO partner, African Sand Dam Foundation ‑ (ASDF), the project includes construction of a sand dam to provide year round clean safe water, as well as community water, sanitation and hygiene training. Communities will receive training in sustainable, climate-smart agricultural methods, and be supported to establish a demonstration farm, tree nursery and seed bank. The project will benefit 170 people directly and a further 1,000 indirectly.

‑ A grant of £15,000 was made to Tools for Self Reliance towards an income generation project supporting women from female ‑ headed households in Duusi, northern Ghana. Working with long ‑ term ‑ partner, Trax Ghana, the project provides agri business training, tools and inputs to 50 women, enabling ‑ them to cultivate sweet potatoes and produce high quality shea butter using locally available processing equipment. Participants also receive business, financial management and microfinance training, alongside sexual and reproductive health education. The project will facilitate farmer ‑ to ‑ farmer learning and expansion into local markets, improving household income and food security with wider benefits for an estimated 1,250 family members.

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 £10,000 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 2025, 58 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 various options being considered in future years.

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.

4

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

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 2025 the value of the endowment is 7.6% higher than the value of the 2013 endowment expressed in 2025 terms.

At the end of 2025, the total endowment fund stands at £90,053,466 (2024: 82,822,952) 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 July 2027 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.

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.

5

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

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 2025 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 £87,438 (2024: £129,426) in the year. The cost of grant making was £2,936,656 (2024: £3,015,432). The net operating deficit for the year was £3,270,098 (2024: £3,285,897), 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 £90,053,466 (2024: £82,070,787) at the end of the year, after total investment gains for the year of £10,500,612 (2024: gain of £8,070,787). Investment management costs amounted to £420,880 in 2025 (2024: £399,891).

FINANCIAL PERFORMANCE

In 2025 the investment assets of the Foundations were divided between two investment houses: Newton Investment Management Ltd and Oxford University Endowment Management. In 2025 the Newton Investment fund generated 13.8% after fees, underperforming its benchmark return of 16.8% but achieving the Foundation’s longer return target of CPI+4%. The OEF portfolio recorded a return of 7.9% 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 £2,500,000 were encashed from the Newton Portfolio to support operational activities. In addition, investment gains of £1,327,010 were released from the OEF portfolio. Unrealised investment gains of £2,157,738, after OEF fees, were made representing 6.4% increase (2024 increase of 7.3%) 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 31[th] March, the Newton portfolio valuation was £53,539,796. Oxford University Endowment Fund valuation on 31[st] March 2026 shows an (estimated) value of £33,802,702.

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

6

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

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.

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.

7

THE CHARLES HAYWARD FOUNDATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

THE TRUSTEES

The Trustees in office during the year were as follows:

Mrs. S.J. Heath (Chairman) Mrs. E. Cameron 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. Mr. Brian Insch retired during the year. The trustees wish to express their sincere appreciation and gratitude for his dedicated leadership on the Finance Committee and his invaluable contribution to the Foundation’s grant making over many years.

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 2[nd] June 2026 and signed on their behalf by:

Susan Heath

8

THE CHARLES HAYWARD FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025

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 2025

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.

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THE CHARLES HAYWARD FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025

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 2025

Notes
Income from:
Investments
2
Other income
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
2025
2025
2025
2024
2024
£
£
£
£
£
85,648
-
85,648
129,426
-
1,790
-
1,790		 Total
2024
£
129,426
87,438
-
87,438
129,426
-
-
(420,880)
(420,880)
-
(399,891)		 129,426
(399,891)
(2,549,758)
-
(2,549,758)
(2,653,350)
-
(386,898)
-
(386,898)
(362,082)
-		 (2,653,350)
(362,082)
(2,936,656)
-
(2,936,656)
(3,015,432)
-		 (3,015,432)
(2,936,656)
(420,880)
(3,357,536)
(3,015,432)
(399,891)		 (3,415,323)
(2,849,218)
(420,880)
(3,270,098)
(2,886,006)
(399,891)
-
10,500,612
10,500,612
-
8,070,787		 (3,285,897)
8,070,787
(2,849,218)
10,079,732
7,230,514
(2,886,006)
7,670,896
2,849,218
(2,849,218)
-
2,886,006
(2,886,006)		 4,784,890
-
-
7,230,514
7,230,514
-
4,784,890
-
82,822,952
82,822,952
-
78,038,062		 4,784,890
**78,038,062 **
-
90,053,466
90,053,466
-
82,822,952		 82,822,952

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 2025

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		 Total Funds
Total Funds
2025
2024
£
£
4,104
5,573
1,955,095
1,987,864
89,336,636
82,310,683
92,295,835
84,304,120
14,044
17,739
118,053
70,000
26,072
11,995
158,169
**99,734 **
(1,258,938)
(1,499,702)
(1,100,769)
(1,399,968)
90,195,066
82,904,152
(141,600)
(81,200)
90,053,466
82,822,952
90,053,465
82,822,952

Approved by the Trustees on 2[nd] June 2026

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 2025

2025 2024
£ £
Reconciliation of net income to net cash flow from
operating activities
Net income for the reporting period 7,230,514 4,784,890
Dividends, interest and rents from investments (note 2) (87,438) (129,426)
Losses / (Gains) on investments (note 8) (10,285,230) (7,868,352)
(Increase) in debtors (note 9) 3,695 (1,628)
(Decrease) in creditors (notes 10 & 11)
(180,365)		 (262,545)
Depreciation (note 4) **35,391 ** 34,365
Net cash (used in) operating activities (3,283,433) (3,442,696)
CASH FLOW STATEMENT
Net cash (used in) operating activities (3,283,433) (3,442,696)
Cash flows from investing activities:
Dividends, interest and rents from investments 87,438 129,426
Purchase of Intangible assets (1,152) (6,712)
Proceeds from sale of investments 2,500,000 1,750,000
Investment Distribution 1,327,010 **1,292,262 **
Net cash provided by investing activities 3,913,296 3,164,976
Increase/(Decrease) in cash 629,863 (277,720)
2024
Cash Flow		 2025
£
£		 £
Analysis of cash and cash equivalents
Cash at bank and in hand 11,995
14,077		 26,072
Short term deposits 70,000
48,053		 118,053
Cash balances held by investment management for
re-investment **1,894,701 **
567,733		 **2,462,434 **
1,976,696
629,863		 2,606,559

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 2025

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 July 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 2025

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 2025

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 2025

2.
INVESTMENT INCOME
Investment income
Interest on deposits		 2025
2024
£
£
78,408
121,722
7,240
7,704
85,648
129,426

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		 2025
2024
£
£
102,667
87,167
204,350
203,178
21,108
19,611
23,383
17,761
35,391
34,365
386,899
362,082
2025
2024
£
£
5,133
4,358
6,342
6,606
15,315
15,080
1,770
1,718
1,169
888
29,729
28,650

(Included in the above figures is an audit fee of £14,100 (2024: £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 £4,384 (2024: £1,894).

18

THE CHARLES HAYWARD FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

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		 2025
2024
£
£
146,140
140,980
8,278
10,174
48,887
52,024
203,305
203,178
No.
No.
2
2
2
2

The average number of employees during the year was four (2024: 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 £181,162 (2024: £179,925).

One employee earned between £90,000 and £99,999 (2024: 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 three Trustees amounted to £1,307 (2024: £956).

6.

INTANGIBLE FIXED ASSETS
Cost or Valuation
At 1 January 2025
Additions
At 31 December 2025
Depreciation & amortisation
At 1 January 2025
Charge for year
At 31 December 2025
Net book value
At 31 December 2025
At 31 December 2024		 Website
Total
£
£
6,712
6,712
1,152
1,152
7,864
7,864
1,139
1,139
2,621
2,621
3,760
3,760
4,104
4,104
5,573
5,573

19

THE CHARLES HAYWARD FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

7.
TANGIBLE FIXED ASSETS
Cost or Valuation
At 1 January 2025
Additions
At 31 December 2025
Depreciation & amortisation
At 1 January 2025
Charge for year
At 31 December 2025
Net book value
At 31 December 2025
At 31 December 2024		 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
1,105,330
14,440
26,055
1,145,825
32,510
-
259
32,769
1,137,840
14,440
26,314
1,178,594
1,821,160
133,720
215
1,955,095
1,853,670
133,720
474
1,987,864

(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 2025

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		 2025
2024
£
£
80,415,982
75,589,892
-
-
(2,500,000)
(1,750,000)
10,285,230
7,868,352
(1,327,010)
(1,292,262)
86,874,202
80,415,982
2,462,434
**1,894,701 **
89,336,636
82,310,683
51,289,188
52,206,578
2025
2024
£
£
50,977,311
46,676,829
35,896,891
33,739,153
2,462,434
1,894,701
89,336,636
82,310,683
2025
2024
£
£
13,105
15,642
939
2,097
14,044
17,739
2025
2024
£
£
1,185,400
1,421,992
1,894
9,336
4,980
3,805
66,663
64,569
1,258,937
1,499,702

21

THE CHARLES HAYWARD FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025

11. CREDITORS: amounts falling due after more than one year 2025 2024
£ £
Grants payable (see note 13) 141,600 81,200
12. ANALYSIS OF ASSETS BETWEEN FUNDS
2025 Fixed assets Investments Other assets Total
& liabilities
£ £ £ £
Expendable endowment 1,959,199 89,336,637 (1,242,370) 90,053,466
Unrestricted income fund - - - -
1,959,199 89,336,637 (1,242,370) 90,053,466
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

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
Grant balance written off
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		 2025
2024
£
£
1,421,992
1,435,048
81,200
339,500
1,503,192
1,774,548
2,204,900
2,270,850
300,500
371,500
(25,000)
(28,000)
(2,462)
-
72,000
39,000
2,549,758
2,653,350
2,549,758
2,653,350
(2,725,950)
(2,924,706)
1,327,000
1,503,192
1,185,400
1,421,992
141,600
81,200
1,327,000
1,503,192

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 2025

SOCIAL & CRIMINAL JUSTICE

A band of brothers Quest for Community programmes 25,000
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 25,000
Aurora New Dawn DVA Cars™ Project helping domestic abuse victims in
Hampshire access safety, justice and rebuild their lives		 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		 24,800
Beyond the Streets 'Beyond Support' – remote support service for women
experiencing sexual exploitation who sell sex		 25,000
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
Blackburn Youth Zone Sound Futures early-intervention and diversionary project
based around music and creative arts in Darwen Youth
Zone		 25,000
Carney's Community Key Work support for young people at risk 20,000
Catzero ‘Full Families’ programmes in Grimsby and Hull 25,000
Charnwood 20:20 (known
as Love4Life)		 Salary of a Youth Worker supporting vulnerable girls in
Leicester		 25,000
Coram Leap Confronting
Conflict		 Improving Prospects 25,000
Dallaglio RugbyWorks Delivery of the RugbyWorks programme at HMYOI Parc
and PRU Ty Gwyn, Wales		 25,000
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		 20,500
Drive Forward Foundation Salary of a Careers Specialist to support care-experienced
young people into employment		 25,000
Edinburgh Women's Aid Continuation of Children’s Rights and Participation Service
(CRPS)		 15,700
Empire Fighting Chance Box Champions programme, combining boxing,
psychologically informed mentoring and wraparound
support		 25,000
EVE Nene Valley Christian
Family Refuge		 Evolve - behaviour change programme for perpetrators of
abuse		 20,000
everyFAMILY (Brentry &
Henbury Children's Centre)		 The Nurturing Programme, an evidence-based parenting
programme for fathers at HMP Bristol		 17,500
Fight for Peace In Your Corner - targeted preventative support programme
for young people at risk of offending		 25,000
Fortalice Ltd Support services for children and young people affected by
domestic abuse and violence		 20,000
Hampton Trust Salary of a Domestic Abuse Prevention Practitioner 25,000
Haven Wolverhampton Salary of a Domestic Abuse Key Worker 25,000
HMDT Music One Spirit rehabilitation programme for young people 25,000
Hull Women's Aid Salary of a Specialist Young Survivor Worker 20,000
Independence Initiative Warm Welcome Project – support for newly released
prisoners		 18,800
Ivison Trust Child Exploitation parent pilot program 24,250

23

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2025

Jigsaw4u Limited Continuation of expanded Jigsaw4u’s Headlight
Programme		 25,000
Justlife Foundation Targeted Referrals Project for prison leavers in
Manchester		 25,000
Key 4 Life Prison Programmes 25,000
Kidz Klub Leeds Family Support Work programme 25,000
LandWorks Continuation of trainee placements 20,000
Mahdlo Early Intervention Programme for vulnerable girls in
Oldham, aged 12 to 16		 20,000
Mentoring Plus Volunteer Mentoring Project for at risk youth 15,000
Morecambe FC Community
Sports		 'Inspiring Futures' – early intervention programme for at
risk youth		 20,000
Nelson Trust Salary of Change Team Key support worker at Swindon 25,000
New Dawn New Day Salary of a part-time Intensive Support Worker for the Out
of Court Resolution service		 25,000
Oasis Project Towards the salary of a domestic violence recovery worker
at the Oasis women's family recovery service in Brighton
and Hove		 24,000
Off the Fence Gateway Women’s Centre 25,000
One Small Thing Community Partner Post at the Southampton Hub 25,000
Only a Pavement Away Custodial services project – support into employment
within the hospitality industry for prison leavers		 25,000
Oswin Project Mentoring programme for prisoners engaging with Release
on Temporary Licence		 25,000
Positive Youth Foundation Mentoring programme for young people aged 10-14 at risk
of offending		 25,000
POW Nottingham Police Liaison Worker salary 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
Pure Insight 1628 Expansion of the charity’s mentoring programme and
mental health support services for care experienced young
people		 25,000
Rees Foundation Caring for young care experienced people in custody 25,000
Rising Sun Domestic
Violence Project		 Adolescent Boys Programme 25,000
Rochdale Connections
Trust		 Targeted support for youth at risk of entering criminal
justice system		 24,500
RSACC Rape and Sexual
Abuse Counselling Centre		 Peer support groups for sexual abuse survivors 20,000
Safeline Salary of part time Early Intervention Co-Ordinator for
Primary School Prevention Programme		 21,200
Safety Net UK Trauma-informed support and therapy to children and
young people impacted by domestic and sexual abuse		 20,000
Saints Foundation (SFC) Saints Restart – supports the resettlement of male
offenders who are due to be released from HMP
Winchester		 23,000
Sexual Assault & Abuse
Support Service,
Buckinghamshire and
Milton Keynes
(SAASSBMK)		 Therapeutic support services for survivors of sexual
violence and domestic abuse		 25,000
Sister System Early intervention programme designed to prevent care
affected girls and young women from entering the criminal
justice system		 25,000

24

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2025

Southmead Development
Trust Limited		 Targeted early intervention programme supporting
vulnerable young people and their families		 23,000
Sport 4 Life UK EET Project - Education, Employment and Training for at
risk youth		 20,000
Staffordshire Women's Aid Salary of Volunteer Coordinator 23,200
StandOut StandOut programme at HMP Wandsworth 25,000
Staying Put Maternity HIDVA post based at Bradford Royal Infirmary
and in the community		 25,000
Stockport County
Community Trust		 ‘Be You’ 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
Street Soccer Group Street soccer project at HMP Brixton 25,000
Swale Action to End
Domestic Abuse (Sateda)		 Group and individual activities to combat mental ill health
among women experiencing domestic abuse		 20,000
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 Recruitment Junction Securing people with convictions paid employment through
a combination of prison-based and community intervention		 25,000
The Salmon Youth Centre Employment pathway project for NEET young people who
have offended or are at risk of offending.		 19,800
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
TLC Talk Listen Change Behaviour Change Programmes for Children and Young
People in Salford		 15,500
Trelya Lettya - targeted early intervention for families in West
Cornwall		 24,000
Trevi Women Ltd Sunflower Women’s Centre 25,000
Unlocking Potential UPLifting Children Programme – social, emotional, and
mental health support in London schools		 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
WILD Young Parents Safer parents - safer babies. Specialist support for young
parents		 21,900
With Kids Play Therapy for children who have experienced adverse
childhood experiences and trauma		 25,000
Women in Prison Women MATTA - Early intervention support for at-risk
women		 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 Bradford Y’s Girls mentoring programme 25,000
YMCA Worcestershire HMP Hewell Rainbow project 25,000
Young Gloucestershire Hidden Victims Project supporting families of offenders 25,000
Youthscape Drop-in youth support and targeted youth programmes –
Compass and Fearless		 25,000
TOTAL £2,103,950

25

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2025

HERITAGE & CONSERVATION

Folkestone Leas Lift
Company		 Repair and conserve the Grade II* listed Leas Lift cliff
funicular railway		 20,000
TOTAL £20,000

OVERSEAS

Action on Poverty Improving food security and livelihoods for camel herding
communities in North Eastern Kenya		 15,000
Advantage Africa Training in goat rearing, and clean water access for
people with disabilities in Kenya		 15,000
Afrikids, UK Family Livelihood Support Programme (FLISP), Ghana 15,000
Amigos A beekeeping project in Masindi, Gulu and Kitgum districts
of Uganda.		 14,500
Awamu Skills training programme for girls and young women in
the slums of Kampala, Uganda		 15,000
Bees for Development Supporting people with disabilities through beekeeping,
Uganda		 15,000
Build It International Building Brighter Futures - construction of water,
sanitation, and hygiene (WASH) facilities at Miswa
Primary School in Zambia		 15,000
Chevening Scholarship -
Association of
Commonwealth
Universities		 Chevening Scholarship 20,000
Network for Africa Livelihood support and training for people recovering from
mental health issues in Agago District, northern Uganda		 15,000
Open Arms Malawi Sustainable agricultural programme in Mangochi region,
Malawi, including introducing new crops		 15,000
PRAGYA Decontamination and protection of water sources and
WASH Project for pastoralist communities in Samburu
ASAL (arid and semi-arid land), North Kenya		 15,000
Pump Aid Expansion of the repair and maintenance services to
reach over 40,000 Malawians with safe water access in
Wimbe in Kasungu District		 15,000
S.A.L.V.E. International
(SALVE)		 Permaculture Business Training programme for 15
families of resettled children, Uganda		 15,000
Sand Dams Worldwide Support a community Self-Help Group (SHG) in
Ukambani, Kenya to build a sand dam and learn climate-
smart agricultural techniques		 15,000
Tools for Self Reliance Income generation project for all female small business
groups in Duusi Community in Ghana		 15,000
TOTAL £229,500
SMALL GRANTS
Abbeyview Day Centre Fife Happy Memories Dementia Café 7,000
acta Community Theatre
Ltd		 Making Time - weekly creative arts sessions for isolated
older people		 4,000
Advice Mid Wales / Cynor
Canolbarth Cymru (Bro
Ddyfi Advice Centre)		 Home visiting service for older people 6,000
Age Concern Barnstaple &
North Devon		 In-person and telephone befriending service 5,000
Age Concern Causeway 'Meet & Eat' social cafes for older people 3,000

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THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2025

Age North Downs & Ards
(AGEnda)		 Carers Circles project 5,000
Age UK Reading Information and advice helpline 3,000
ALLY Foyle (Active Living
in Later Years)		 MAC (Music, Art & Connection) project for older people 4,000
Aylsham & District Care
Trust		 Volunteer-led community support programme for older
people		 5,000
Befriended Activities Coordinator delivering services for older people 5,000
Caribbean Elderly Hairoun
Day Centre		 Connected Lives project for older people 5,000
Community Action Norwich Day Centre for older people 5,000
Cowal Elderly Befrienders
SCIO		 Dementia inclusion project 5,000
Endike Community Care Dementia Café 4,000
Engage With Age People Addressing Loneliness project for older people 5,000
Focus4Hope Social Connections project for older people 7,000
Forever Young Club Forever Young Club 3,000
Friends for Life
Bedfordshire		 Supporting socially isolated older care home residents in
Bedford		 5,000
GAP - A Thanet
Community Project		 Friday Club for older people 2,000
GASP Motor Project Vocational training programme for at risk youth 10,000
Good Morning Project Ltd
(known as Good Morning
Service)		 Good Morning Service 6,000
Good Neighbours in North
Cardiff		 Support services for older people 3,000
Helping Older People New
Forest (HOPe)		 Befriending and support services for older people 7,000
Henfield Haven CIO Tuesday social and activity club for older people 4,000
HTH Teamwork CIO Free home help services for vulnerable older people 5,500
Independent Children and
Family Services (ICAFS)		 'Doctor in the Pocket' - digital access and training for older
people		 5,000
It's Your Life It’s Your Future - mentoring programme for young people
at risk of permanent exclusion from school		 10,000
Liberty Choir UK Liberty Choir prison programme at HMP Downview 10,000
Maryvale Community
Project		 Lunch club and telephone befriending service 5,000
Mearns Kirk Helping Hands Project Worker to support volunteers delivering wellbeing
and social activities for older people		 5,000
Mid Ulster Community and
Arts Trust Ltd		 Chair exercise and chair Pilates social sessions for older
people		 3,000
Musical Keys Connect - In Time Together project for people living with
dementia		 5,000
Mustard Tree Foundation 'Engage Befriending' project for older people 5,000
Neighbours in Poplar Paint and Connect project for older people 5,000
Neston Community Youth
Centre Ltd (NCYC Ltd)		 Improving and expanding support services for older
people		 5,000
Older Citizens Advocacy
York (OCAY)		 Advocate providing advice and support to older people 5,000
Queensferry Churches
Care in the Community		 Support Worker salary providing services and support for
older people		 5,000
Ray Ceredigion Support group for people impacted by dementia 4,000
Reach Community Projects One-to-one debt management advice and support for
prisoners		 10,000
Reach Family Project Reach Befriending 5,000

27

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2025

Safety Centre (Hazard
Alley) Ltd		 In-school knife crime workshops 10,000
Sandwell Citizens
Advocacy		 Sandwell Together - telephone befriending service for
older people		 4,000
Senior Citizens Support
Group		 Winter Warmer project for older people 3,000
Shapeshifter Productions The Smiling Sessions for older people 4,000
South Brent and District
Caring		 Social and activity groups for older people 4,000
St. George's and St. Peter's
Community Association		 The Daffodil Club Vitality Programme for older people -
social activities programme		 5,000
Subco Trust Support for older people with dementia and their carers 4,000
Talitha Arts Therapeutic arts workshops in care homes for people with
dementia		 4,000
The Community Bureau Increased support and weekly groups for older people 3,000
The Dementia Care Hub Telephone support service for families/carers of people
with dementia		 4,000
The Memory Box
Foundation		 'Memories, Tea and Me' project in libraries 4,000
The No Way Trust Ltd
(Prison Me No Way)		 Crime and Safety Awareness Days in schools 10,000
The Orrell Trust 'Wednesday Club' for older people 4,000
The Welcome 'Rebel Oldies' social and activity sessions 3,000
Treasures Foundation Education and employment support programme for
women in recovery		 10,000
Trinity Methodist Church
Barton upon Humber		 'Living Later Life Well' project for older people 5,000
Westminster Arts
(Resonate Arts)		 Creative Befrienders for older people with dementia 5,000
Wishing Well Music for
Health		 Wishing Well - Music for People with Dementia 4,000
TOTAL £300,500

MISCELLANEOUS

MISCELLANEOUS
Access Adventures 1,000
ACE SMA 2,000
Amber Foundation 1,050
Amber Trust 500
Bucks Association for the Care of Offenders (BACO) 2,000
Cardiac Risk in the Young (CRY) 500
Chalke Valley History Trust 950
Changing Faces 1,000
Cheltenham Open Door 2,500
COPE Children's Trust (Rainbows Children's Hospice) 1,000
Council of the Priaulx Library 5,000
Dodford Children's Farm 7,500
Early Music as Education 1,000
Ebbesbourne Wake PCC 1,000
Epilepsy Research UK 1,000
Epilepsy Research UK 500
Florence Nightingale Hospice Charity 1,000
Game & Wildlife Conservation Trust 1,500

28

THE CHARLES HAYWARD FOUNDATION APPENDIX TO THE ACCOUNTS LIST OF GRANTS FOR THE YEAR ENDED 31 DECEMBER 2025

Haller Foundation 1,000
Maggie Keswick Jencks Cancer Caring Centres Trust 1,500
Marie Curie 500
National Autistic Society 2,000
PACE Centre 2,000
Raise Your Hands 2,000
Ripple Effect 2,000
Salisbury District Hospital Charitable Fund - Stars Appeal 2,000
Seeds4Success 2,000
Songbird Survival 1,250
Southern Hospice Group (St. Barnabas Hospice and Chestnut Tree House) 1,000
Spinal Injuries Association 500
St. Raphael'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) 3,000
The Royal Marsden Cancer Charity 2,000
The Royal Marsden Cancer Charity 3,000
The Royal Marsden Cancer Charity 500
The Sparrow School Foundation 1,000
Trailblazers Mentoring 2,000
Tusk Trust 2,000
Valle Crucis Mission Area 1,250
Welsh Air Ambulance Charitable Trust 1,500
West Barnes Singers 2,000
TOTAL £72,000

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