Charity registration number 1094935
Company registration number 04468139 (England and Wales)
HEREFORDSHIRE COMMUNITY FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
HEREFORDSHIRE COMMUNITY FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
K J Hall
G J Hughes
L Hughes
A J I Lowther
F Myers MBE
P P Spens
A Davies
N Pearce-Higgins
S L De Rohan
P C H Thomas
M E Lewin
(Appointed 17 July 2024)
E A Read
(Appointed 23 July 2025)
R C C Robinson
(Appointed 30 April 2025)
Secretary
C Frowd
CEO
B Sullivan
Charity number
1094935
Company number
04468139
Registered office
The Fred Bulmer Centre
Wall Street
Hereford
HR4 9HP
Auditor
Kendall Wadley LLP
Granta Lodge
71 Graham Road
Malvern
Worcestershire
WR14 2JS
Bankers
CAF Bank
25 Kings Hill
West Malling
Kent
ME19 4JQ
HEREFORDSHIRE COMMUNITY FOUNDATION
CONTENTS
Page
Chairman's Report
1 - 3
Trustees' report
4 - 8
Statement of trustees' responsibilities
9
Independent auditor's report
10 - 12
Statement of financial activities
13 - 14
Balance sheet
15
Statement of cash flows
16
Notes to the financial statements
17 - 46
HEREFORDSHIRE COMMUNITY FOUNDATION
CHAIRMAN'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

We are pleased to present the Annual Report and Financial Statements for the year ended 31st March 2025. Since our founding in 2002, the Herefordshire Community Foundation (HCF) has served as a trusted channel for charitable giving and impactful grant-making. To date, HCF has proudly awarded £7,802,315 in funding across 4,337 individual grants - supporting grassroots initiatives that enrich lives and strengthen communities across Herefordshire.

A Successful Year of Giving

We remain proud to be Herefordshire’s leading independent grant-maker. In 2024-25, HCF continued to demonstrate strong performance, with £604,247 awarded in grants to community groups and individuals – compared with £748,110 in 2023–24. Our grants spanned a wide range - from a £60 award from the HCF Care Fund for emergency dentistry care for a homeless individual, to £18,000 to Herefordshire Green Network from the Green Oak Fund. In total, HCF issued 552 grants, comprising 164 community grants and 388 individual awards.

Supporting Care-Experienced Parents: Baby Steps

One of our proudest achievements this year was the launch of Baby Steps, an innovative programme supporting care-experienced parents and parents-to-be (aged 16–25). Thanks to £150,000 funding over three years via UKCF from the CCLA LAMIT Care Leavers Fund - matched by our Iron Fund - Baby Steps is the first initiative of its kind in Herefordshire. Led by HCF, it brings together community organisations and Herefordshire Council to ensure brighter futures for young families who, by definition, lack the breadth of family support which most young families can rely on.

Household Support Fund: Easing the Cost-of-Living Crisis

Partnering with the Talk Community Team at Herefordshire Council, HCF distributed £136,538 from the Household Support Fund. The funding helped 285 households with energy costs and essential white goods. Support was targeted at elderly residents, people living with disabilities, and low-income families with young children - those most vulnerable to rising living costs.

The Iron Fund: Flexible and Far-Reaching

We gratefully acknowledge a generous donation of £1million to the Iron Fund - which has been our flagship programme for the past eight years. In 2024–25, £70,932 was awarded across 42 grants (compared with £171,340 across 95 grants in the previous year). The Iron Fund also supported our Community Warm Spaces initiative, helping heat shared spaces. It also provided food provision during winter – benefitting 6 projects across Herefordshire.

George’s Fund: Nurturing Childhood Wellbeing

In 2024, we delivered the second round of grants from George’s Fund, a memorial fund honouring the short and special life of George Price. Ten grants totalling £38,476 were awarded to projects encouraging children aged 3–11 years to connect with nature and build emotional resilience. This fund has been a shining example of how a memorial fund can generate benefit from tragedy.

Investing in Children’s Mental Health: The ELSA Programme

The Mental Health Fund supported the training of Emotional Literacy and Support Assistants (ELSAs) across 85 primary schools, at a total cost of £24,500. ELSA is a nationally accredited early intervention programme equipping teaching assistants to support children’s emotional wellbeing. Our goal is to ensure every primary school in Herefordshire has at least one ELSA.

HEREFORDSHIRE COMMUNITY FOUNDATION
CHAIRMAN'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -

Emergency Flood Relief for Flood Victims

Following widespread flooding across Herefordshire during the winter, we issued 77 awards to affected households and 3 schools and 1 sports centre totalling £24,250 through our Emergency Relief Fund. This compares with 11 awards totalling £4,237 in the previous year.

Andrew Basnett Memorial Fund

We were pleased to work with the Basnett family and Hereford College of Arts (HCA) to launch the Andrew Basnett Memorial Fund, honouring the life and artistry of blacksmith Andrew Basnett. The first award supported the inaugural Andrew Basnett International Blacksmithing Masterclass, aimed at nurturing emerging talent in the field.

High Sheriff Fund: Strengthening Safer Communities

We were pleased to work with High Sheriff, Patricia Churchward, to award ten grants totalling £30,000 from the High Sheriff Fund. Established in 2016, the fund supports initiatives that promote law and order, and foster safer communities across Herefordshire.

Heaton Legacy

We were deeply grateful for the legacy gift of £250,000 from the estate of Stuart Michael Heaton. In 2012, Mr Heaton established the Heaton Fund with HCF to support good causes in and around Ledbury. Thanks to his generosity, this legacy will continue to benefit communities across Herefordshire for years to come.

Bridging the Digital Divide

To address digital exclusion, HCF distributed 19 laptops to community projects such as Burghill Talk Community Hub and Ledbury Refugee Support. These devices have helped recipients access advice, education, employment resources and online services.

Charity of the Year Recognition

We were thrilled to be named Charity of the Year 2024 by Herefordshire Means Business. It was truly uplifting to receive this recognition from our local business community - a testament to the collaborative spirit that drives our work.

Creating a Legacy of Giving

HCF enables individuals, families, and businesses to establish named or anonymous charitable funds tailored to the causes they care about - at far less cost and administration than setting up a standalone charity. We manage everything from vetting and distribution to claiming Gift Aid, making impactful philanthropy simple and efficient.

We also offer memorial funds that honour loved ones by continuing their legacy through lasting support for local causes. For many, this provides comfort and purpose at a time of loss.

HEREFORDSHIRE COMMUNITY FOUNDATION
CHAIRMAN'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -

A Call to Herefordshire Businesses: Join Business for Good

We are particularly keen to grow our Business for Good Fund, which brings together enterprises of all sizes - from sole traders to multinationals - to collectively drive positive change across Herefordshire by each making an equivalent donation commensurate with their size. By pooling donations, the business community supports local projects and improves the lives of local people. Get in touch to learn how your business can be part of this impactful initiative.

A Note of Thanks

I am pleased to record my thanks to our dedicated trustees and staff for another successful year. I am equally grateful to our partners and grantees for their commitment to supporting our local communities. Together, we continue to build a stronger Herefordshire.

..............................
Frank Myers MBE
Chairman
Date: 22 October 2025
HEREFORDSHIRE COMMUNITY FOUNDATION
TRUSTEES' REPORT (INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The objects for which the Foundation is established are:

- To promote any charitable purposes for the benefit of the community in the County of Herefordshire and in particular the advancement of education, the protection of good health both mental and physical and the relief of poverty and sickness;

- To promote other exclusively charitable purposes in the United Kingdom and elsewhere which are in the opinion of the Trustees beneficial to the public including the community in the County of Herefordshire;

- To match the wishes of donors, corporate or individual, to community needs, to encourage local philanthropy for the public benefit, and to enable donors to use the resources of the Foundation to achieve more effective giving;

- To seek donations to endowment funds, individually tailored to the donor’s wishes or, for smaller amounts in a pooled endowment fund;

- To seek donations to flow-through funds for those who wish to see a more immediate impact from their generosity;

- To enable its donors to take full advantage of all external aid to the sector including donation matching and gift aid;

- To establish links with the voluntary, business and statutory sectors in order to ensure the best possible use of resources within these sectors.

Public Benefit

The Trustees seek to ensure that the activities of each of the Funds under the umbrella of the Foundation meet ‘Public Benefit’ tests in accordance with the following Charity Commission guidance:

- Know what the Fund was set up to achieve – this is known as the Fund's 'purpose'.

- Identify how the Fund's purpose is beneficial – this is the 'benefit aspect' of public benefit.

- Know how the Fund's purpose benefits the public or a sufficient section of the public – this is the 'public aspect' of public benefit.

- Identify how the Fund's purpose will be delivered – this is known as 'furthering' the charity's purpose for the public benefit.

The Trustees, having reviewed the objectives and activities of the Foundation and its constituent Funds and, having given due consideration to Charity Commission guidance above, are satisfied that the Foundation business is properly conducted for the ‘public benefit’.

HEREFORDSHIRE COMMUNITY FOUNDATION
TRUSTEES' REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -

The Funds

The Foundation manages a number of sub-funds that fall into two broad categories – Endowment and Flow-through. Although all the funds belong to the Foundation, they are ring-fenced and operate separately in accordance with the wishes of the donor.

Endowment Funds are long-term capital funds with the aim of increasing their value by judicious investment applying their income to the charitable purpose of the sub-fund.

Flow-through Funds tend to have a limited life with the goal of distributing the whole sum donated in accordance with the goals of the donor.

Our approach to fundraising

In order to carry out its activities, the trustees have considered The Charities (Protection and Social Investment) Act 2016. The charity complies with the Code of Fundraising Practice. It has received no complaints on fundraising activity and does not undertake fundraising in a way that might intrude on any person's privacy or take advantage of vulnerable people. The majority of the charity's fundraising activity is derived from grant funding and contract opportunities via grant making trust, public agencies and prime contractors. It does not carry out either directly or through other professional agencies, direct marketing or face-to-face approaches to individuals vulnerable or otherwise.

Achievements and performance

This was another exceptional year for Herefordshire Community Foundation. HCF has now distributed nearly £8 million in terms of grants awarded since it was established in 2002. In the period 2024-2025 HCF gave out 552 grants, 164 to charities and 388 to individual beneficiaries.

Financial markets continued to remain turbulent but the Foundation has benefited from sound investment which has resulted in the growth of our funds again this year.

The Foundation remains as a significant benefactor for the County of Herefordshire.

Financial review

Principal funding sources

Income for endowment fund building comes from donations. Income from donations combined with dividend and interest income is used for grant making. The administration (unrestricted fund) income comes from a contribution from each fund and from unrestricted donations.

Investment policy and objectives

All endowment capital is invested in the COIF Charities Investment Fund, run by CCLA Investment Management. To quote from their web site:

"CCLA is one of the UK's largest charity fund managers according to the latest Charity Finance Survey. Managing investments for charities, religious organisations and the public sector is all we do. Based in the City of London, with an office in Edinburgh, we are largely owned by our clients funds."

Investments continue to perform within or above the guidelines as agreed by the Investment Committee and set out in the Foundation’s Investment Policy.

HEREFORDSHIRE COMMUNITY FOUNDATION
TRUSTEES' REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -

Reserves policy

The total reserves of the charity increased by £1,47 3,291 to £9,37 4,550 from £7,901,259. Restricted funds increased from £369,243 to £599,264 and Endowment funds increased from £7,343,260 to £8,592,91 4 in the year. The Trustees continue to seek further funding for marketing and endowment fund development activities.

The Foundation aims to retain sufficient free reserves to provide adequate working capital to fund its administration and fund development activities for at least six months, taking into account committed income. The Trustees are satisfied that the net assets of the Foundation are adequate to fulfil the obligations of the Foundation. Free reserves currently amount to £1 56,279 (2024 - £1 66,768), the Trustees are satisfied that free reserves are more than sufficient for a minimum of six months development activities

Grant-making policy

HCF supports charities, grassroots community groups and social enterprises to make a positive difference in their communities

All grants made must promote charitable purposes and are awarded in accordance with HCF’s charitable aims and objectives.

Going concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the accounts.

Quality Accreditation

The Foundation holds the latest Quality Accreditation awarded by the UKCF. These exacting standards are endorsed by the Charity Commission and cover the key areas of Definition and Governance, Finance and Risk, Donor Services and Development, Grant Making and Community Engagement and Communications. Community Foundations must hold this quality accreditation to manage publicly funded grant programmes. The foundation continues to hold the latest Quality Accreditation (QA5).

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The Fund Director has carefully controlled administration costs that are funded by direct donations and internal transfers from the individual funds managed. Trustees regularly review the risk assessment profile, in line with Charity Commission recommended guidelines.

HEREFORDSHIRE COMMUNITY FOUNDATION
TRUSTEES' REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
Plans for future periods

The Trustees plan, during the next twelve months, to:

- Continue to make grants to support local communities for the public benefit and in accordance with the wishes of donors

- Seek to extend its Endowment and Flow-through Funds for individuals and corporate givers

- Raise the profile of the Foundation in the County

- Actively encourage local philanthropy for local benefits

- Develop a range of donor 'vehicles' designed to meet the ever-widening range of charitable aims of prospective donors

- Enable existing donors to achieve more effective giving

- To identify ways and work with smaller businesses who wish to create a collective fund

Structure, governance and management

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Incorporation as a company limited by guarantee took place on 24 th June 2002 and registration as a charity occurred on 5 th December 2002.

Trustees

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

K J Hall
G J Hughes
L Hughes
A J I Lowther
F Myers MBE
P P Spens
S J M Wynn
(Resigned 6 November 2024)
A Davies
N Pearce-Higgins
S L De Rohan
P C H Thomas
J J E Wilding
(Resigned 23 October 2024)
M E Lewin
(Appointed 17 July 2024)
E A Read
(Appointed 23 July 2025)
R C C Robinson
(Appointed 30 April 2025)
HEREFORDSHIRE COMMUNITY FOUNDATION
TRUSTEES' REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 8 -

Recruitment and appointment of Trustees

The Board aims to achieve representation across the different areas of the County; to maintain a wide range of interests within the voluntary and community sectors and to ensure that key skills, such as fund development, financial and legal knowledge, are provided within the Trustee group.

Organisational structure

The Trustee Board is the strategic decision-making body of the Foundation. It employs a part-time Director, who carries out the day-to-day management of the Foundation. Grant panels are established as appropriate for the assessment of grants and their recommendations are submitted to the Board for final approval. At the current stage of development, active participation by Board members is required to advance fund development, the website and the profile of the Foundation within Herefordshire. The remuneration of key management of the charity is set by the board.

Induction and training of new trustees

All Trustees are provided with an induction to the work for the Foundation and opportunities to attend training and development events are provided.

Related parties

The Foundation is affiliated to and acknowledge the support of the United Kingdom Community Foundation (UKCF).

There are occasions when the Foundation is asked to support a beneficiary of other charities and may receive funds for management from charitable projects which a certain member of the Trustees have an interest. At all times these transactions are within scope of its objects.

Auditor

In accordance with the company's articles, a resolution proposing that Kendall Wadley LLP be reappointed as auditor of the company will be put at a General Meeting.

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

This report has been prepared having take advantage of the small companies exemption in the Companies Act 2006.

The trustees' r eport was approved by the Board of Trustees.

F Myers MBE
Trustee
22 October 2025
HEREFORDSHIRE COMMUNITY FOUNDATION
STATEMENT OF TRUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
- 9 -

The trustees, who are also the directors of Herefordshire Community Foundation for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law 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, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

- select suitable accounting policies and then apply them consistently;

- observe the methods and principles in the Charities SORP;

- make judgements and estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that 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 Companies Act 2006. 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.

HEREFORDSHIRE COMMUNITY FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF HEREFORDSHIRE COMMUNITY FOUNDATION
- 10 -

Opinion

We have audited the financial statements of Herefordshire Community Foundation (the ‘Charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows 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:

-

give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended;

-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-

have been prepared in accordance with the requirements of the Companies Act 2006.

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 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 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.

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:

-

the information given in the financial statements is inconsistent in any material respect with the trustees' r eport; or

-

sufficient accounting records have not been kept; or

-

the financial statements are not in agreement with the accounting records; or

-

we have not received all the information and explanations we require for our audit.

HEREFORDSHIRE COMMUNITY FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF HEREFORDSHIRE COMMUNITY FOUNDATION
- 11 -
Responsibilities of trustees

As explained more fully in the s tatement of trustees' r esponsibilities, the trustees, who are also the directors of the Charity for the purpose of company law, 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 charitable company 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 the Act and relevant regulations made or having effect thereunder.

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.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Extent to which the audit was considered capable of detecting irregularities, including fraud

- an understanding of the risk assessment process (including the assessment of the risk of fraud) adopted by the Board is obtained and their attitude to risk ascertained.

- an assessment of the susceptibility to material mis-statement of the financial statements as a result of management over-ride or fraud is made.

- it is ensured that the engagement team have, collectively, the appropriate competence, capabilities and skills to be involved in the assignment, are fully briefed and understand the risks specific to the charity.

Audit response to risks identified

As a result of the outcome of our risk review:

- we establish processes to test the outcomes of our assessment which include, a review of Board minutes, analytical review, the relevance and accuracy of significant accounting estimates, substantive testing of significant transactions, work to identify unusual or unexpected accounting entries including the testing of journal entries, information disclosed in the financial statements is traced to supporting documentation. In all instances it is acknowledged that material mis-statements that arise from fraud may involve deliberate concealment or collusion and are, therefore, by their very nature harder to detect than those arising from error.

- an understanding of the legal and regulatory framework as applicable to the charity is obtained together with knowledge of the procedures put in place by the charity in order to comply with the same.

- it is established if there have been any instances of non-compliance with applicable laws and regulations, where there are such breaches, a full understanding, including gathering of relevant documentation appertaining to the event is obtained and assessed.

It should be noted that Auditing standards limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

HEREFORDSHIRE COMMUNITY FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF HEREFORDSHIRE COMMUNITY FOUNDATION
- 12 -

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.

Sarah Morley BA (Hons) ACA (Senior Statutory Auditor)
for and on behalf of Kendall Wadley LLP
22 October 2025
Granta Lodge
71 Graham Road
Malvern
Worcestershire
WR14 2JS

Kendall Wadley LLP is eligible for appointment as auditor of the Charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

HEREFORDSHIRE COMMUNITY FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 13 -
Current financial year
Unrestricted
Restricted
Endowment
Total
Total
funds
funds
funds
2025
2025
2025
2025
2024
Notes
£
£
£
£
£
Income and endowments from:
Donations and legacies
3
2,998
654,287
1,668,819
2,326,104
974,409

Investment s

4
4,953
3,421
254,153
262,527
228,783
Other income
5
29,023
-
-
29,023
43,906
Total income and endowments
36,974
657,708
1,922,972
2,617,654
1,247,098
Expenditure on:
Charitable activities
6
189,524
404,929
199,318
793,771
916,536
Net gains/(losses) on investments
10
-
(2,214)
(348,378)
(350,592)
650,177
Net (expenditure) / income
(152,550)
250,565
1,375,276
1,473,291
980,739
Gross transfers between funds
12
146,171
(20,549)
(125,622)
-
-
Net movement in funds
(6,379)
230,016
1,249,654
1,473,291
980,739
Fund balances at 1 April 2024
188,756
369,243
7,343,260
7,901,259
6,920,520
Fund balances at 31 March 2025
182,377
599,259
8,592,914
9,374,550
7,901,259

HEREFORDSHIRE COMMUNITY FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 14 -
Prior financial year
Unrestricted
Restricted
Endowment
Total
funds
funds
funds
2024
2024
2024
2024
Notes
£
£
£
£
Income and endowments from:
Donations and legacies
3
4,000
473,432
496,977
974,409

Investment s

4
3,844
8,296
216,643
228,783

O ther income

5
43,906
-
-
43,906
Total income and endowments
51,750
481,728
713,620
1,247,098
Expenditure on:
Charitable activities
6
168,426
580,208
167,902
916,536
Net gains/(losses) on investments
10
-
18,774
631,403
650,177
Net (expenditure) / income
(116,676)
(79,706)
1,177,121
980,739
Gross transfers between funds
12
117,801
25,133
(142,934)
-
Net movement in funds
1,125
(54,573)
1,034,187
980,739
Fund balances at 1 April 2023
187,631
423,816
6,309,073
6,920,520
Fund balances at 31 March 2024
188,756
369,243
7,343,260
7,901,259
HEREFORDSHIRE COMMUNITY FOUNDATION
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 15 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
13
22,607
18,265
Tangible assets
14
3,491
3,723
Investments
15
8,143,569
7,218,876
8,169,667
7,240,864
Current assets
Stocks
17
-
1,680
Debtors
18
107,610
206,636
Investments
19
104,668
89,407
Cash at bank and in hand
1,087,873
605,331
1,300,151
903,054
Creditors: amounts falling due within one year
20
(95,268)
(242,659)
Net current assets
1,204,883
660,395
Net assets
9,374,550
7,901,259
The funds of the Charity
Endowment funds
22
8,592,914
7,343,260
Restricted income funds
23
599,259
369,243
Unrestricted funds
182,377
188,756
9,374,550
7,901,259

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025, although an audit has been carried out under section 144 of the Charities Act 2011.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 22 October 2025
F Myers MBE
Trustee
Company registration number 04468139 (England and Wales)
HEREFORDSHIRE COMMUNITY FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
- 16 -
2025
2024
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from operations
28
1,516,097
163,361
Investing activities
Purchase of intangible assets
(4,343)
(11,548)
Purchase of tangible fixed assets
(1,194)
(3,066)
Purchase of current asset investments
(15,261)
(89,407)
Purchase of fixed asset investments
(1,483,258)
(631,481)
Proceeds on disposal of fixed asset investments
207,974
260,353
Investment income received
262,527
228,783
Net cash used in investing activities
(1,033,555)
(246,366)
Net increase/(decrease) in cash and cash equivalents
482,542
(83,005)
Cash and cash equivalents at beginning of year
605,331
688,336
Cash and cash equivalents at end of year
1,087,873
605,331
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 17 -
1
Accounting policies
Charity information

Herefordshire Community Foundation is a private company limited by guarantee incorporated in England and Wales (Company number: 04468139) and a charity registered with the charity commission in England and Wales (Charity number: 1094935). The registered office is The Fred Bulmer Centre, Wall Street, Hereford, HR4 9HP.

1.1
Accounting convention

The financial statements have been prepared in accordance with the Charity's Memorandum and Articles of Association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties about its ability to continue. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
1.4
Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 18 -
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Grants payable are payments made to third parties in the furtherance of the charitable objects of the Trust. In the case of an unconditional grant offer this is accrued once the recipient has been notified. Notifications give the recipient a reasonable expectation that they will receive the one-year or multi-year grant. Grant awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the Trust.

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty as to the timing of the grant or the amount of grant payable.

1.6
Intangible fixed assets other than goodwill

Intangible assets are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
10 years straight line
1.7
Tangible fixed assets

Assets costing more than £150 are capitalised.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
4 years - straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.8
Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 19 -
1.9
Impairment of fixed assets

At each reporting end date, the Charity reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.10
Stock

Stock consists of donated laptops for distribution to beneficiaries. Laptops are valued at a flat rate of £84.

1.11
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.

1.12
Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.13
Liabilities

Liabilities are recognised when there is an obligation at the balance sheet data as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods and services it must provide.

1.14
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.15
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.16
Financial instruments

The charity only 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 their settlement value.

2
Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated 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 ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 20 -
3
Income from donations and legacies
Unrestricted
Restricted
Endowment
Total
Unrestricted
Restricted
Endowment
Total
funds
funds
funds
funds
funds
funds
2025
2025
2025
2025
2024
2024
2024
2024
£
£
£
£
£
£
£
£
Donations and gifts
2,998
201,722
1,668,819
1,873,539
4,000
177,599
496,977
678,576
Legacies receivable
-
250,000
-
250,000
-
-
-
-

Grants

-
202,565
-
202,565
-
295,833
-
295,833
2,998
654,287
1,668,819
2,326,104
4,000
473,432
496,977
974,409
Grants receivable for core activities
Household support grant
-
142,565
-
142,565
-
149,469
-
149,469
Mumford Memorial Trust Fuel Poverty
-
10,000
-
10,000
-
10,000
-
10,000
Herefordshire Together Grant
-
-
-
-
-
136,364
-
136,364
Baby Steps
-
50,000
-
50,000
-
-
-
-
-
202,565
-
202,565
-
295,833
-
295,833
4
Income from investments
Unrestricted
Restricted
Endowment
Total
Unrestricted
Restricted
Endowment
Total
funds
funds
funds
funds
funds
funds
2025
2025
2025
2025
2024
2024
2024
2024
£
£
£
£
£
£
£
£
Dividends, interest and rebates
4,953
3,421
254,153
262,527
3,844
8,296
216,643
228,783
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 21 -
5

O ther income

Unrestricted
Total
Unrestricted
Total
funds
funds
2025
2025
2024
2024
£
£
£
£
Management fees
29,023
29,023
43,906
43,906
29,023
29,023
43,906
43,906
6
Charitable activities

Resources expended on charitable activities

Resources expended on charitable activities

2025
2024
Notes
£
£
Staff costs
138,969
117,431

Rent and service charge

2,424
2,424

Postage and stationery

358
263

Sundry expenses

1,906
1,195

Fees, subs and training

6,313
5,301

Bank charges

180
180

Computer running costs

12,250
10,542

Grants paid out

29
604,247
748,110

Charis voucher and donation fees

1,483
6,339

Travel and entertaining

1,650
203

Event and marketing

993
2,057

Fund raising expenses

308
361
771,081
894,406
Share of governance costs (see note 7)
22,690
22,130
793,771
916,536
Analysis by fund
Unrestricted funds
189,524
168,426
Restricted funds
404,929
580,208
Endowment funds
199,318
167,902
793,771
916,536
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 22 -
7
Support costs allocated to activities
Total
Total
2025
2024
£
£
Governance costs
22,690
22,130
2025
2024
Governance costs comprise:
£
£
Depreciation
1,426
914
Audit fees
5,580
5,220
Professional fees
14,952
15,244
Insurance
732
752
22,690
22,130

Audit fees are for the audit and preparation of the statutory financial statements.

8
Trustees

In this or the previous year n one of the trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year. None of the trustees were reimbursed expenses in this or the previous year.

9
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
6
5
Employment costs
2025
2024
£
£
Wages and salaries
131,364
111,834
Social security costs
5,597
3,738
Other pension costs
2,008
1,859
138,969
117,431

The Charity considers its key management personnel comprise the management and admin team. The total amount of employee benefits received by key management personnel was £138,969 (202 4 - £117,431).

There were no employees whose annual remuneration was more than £60,000.
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 23 -
10
Net gains on investments
Restricted
Endowment
Total
Restricted
Endowment
Total
funds
funds
funds
funds
general
general
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Revaluation of investments
(2,214)
(348,378)
(350,592)
18,774
631,403
650,177
11
Taxation

The charity is exempt from tax ation on its activities because all its income is applied for charitable purposes.

12
Transfers

Transfer s in the year relate to management fees for the funds.

13
Intangible fixed assets
Software
£
Cost
At 1 April 2024
18,265
Additions
4,342
At 31 March 2025
22,607
Amortisation
At 1 April 2024 and 31 March 2025
-
Carrying amount
At 31 March 2025
22,607
At 31 March 2024
18,265
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 24 -
14
Tangible fixed assets
Fixtures and fittings
£
Cost
At 1 April 2024
6,522
Additions
1,194
At 31 March 2025
7,716
Depreciation
At 1 April 2024
2,799
Depreciation charged in the year
1,426
At 31 March 2025
4,225
Carrying amount
At 31 March 2025
3,491
At 31 March 2024
3,723
15
Fixed asset investments
Listed investments
£
Cost or valuation
At 1 April 2024
7,218,876
Additions
1,483,259
Valuation changes
(350,592)
Disposals
(207,974)
At 31 March 2025
8,143,569
Carrying amount
At 31 March 2025
8,143,569
At 31 March 2024
7,218,876
16
Financial instruments
2025
2024
£
£
Carrying amount of financial assets
Instruments measured at fair value through profit or loss
8,143,569
7,218,876
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 25 -
17
Stocks
2025
2024
£
£
Laptops to be donated
-
1,680
18
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
8,481
820
Prepayments and accrued income
99,129
205,816
107,610
206,636
19
Current asset investments
2025
2024
£
£
1 Year Bond
104,668
89,407
20
Creditors: amounts falling due within one year
2025
2024
£
£
Other taxation and social security
2,372
2,395
Trade creditors
1,816
1,801
Grants payable
78,443
223,655
Accruals
12,637
14,808
95,268
242,659
21
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
2,008
1,859

The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund.

HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 26 -
22
Endowment funds

Endowment funds represent assets which must be held permanently by the Charity. Income arising on the endowment funds can be used in accordance with the objects of the Charity and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund.

Movement in funds
Movement in funds
Balance at
1 April 2023
Income
Expenditure
Transfers
Gains
Balance at
1 April 2024
Income
Expenditure
Transfers
Losses
Balance at
31 March 2025
£
£
£
£
£
£
£
£
£
£
£
Permanent endowments
Becket Bulmer
1,090,299
34,808
(35,539)
(16,497)
104,881
1,177,952
34,809
(38,347)
(17,563)
(48,913)
1,107,938
Richard Bulmer
209,344
6,636
(7,826)
(3,146)
19,472
224,480
6,712
(5,316)
(3,329)
(9,089)
213,458
John Morgan
34,876
1,213
-
(533)
2,839
38,395
1,274
-
(579)
(1,321)
37,769
Hergest
77,228
2,536
(800)
(1,176)
7,054
84,842
2,607
(1,000)
(1,268)
(3,290)
81,891
Glencora
160,461
5,115
(6,382)
(2,418)
14,961
171,737
5,049
(4,500)
(2,537)
(6,984)
162,765
Coneygree
27,912
917
(730)
(425)
2,539
30,213
904
(1,750)
(447)
(1,184)
27,736
CPRE
31,635
1,021
(5,000)
(464)
2,412
29,604
934
-
(446)
(1,124)
28,968
Jack Hughes
47,986
1,635
(1,943)
(734)
4,101
51,045
1,626
(1,108)
(767)
(1,912)
48,884
Bulmer Gilmour
78,157
2,523
(3,477)
(1,173)
7,075
83,105
2,416
(4,000)
(1,206)
(3,303)
77,012
H.E.C
225,032
8,013
(7,481)
(3,383)
20,306
242,487
7,210
(8,248)
(3,607)
(9,472)
228,370
Herefordshire Country Fair
81,671
2,820
-
(1,249)
6,774
90,016
2,961
-
(1,356)
(3,153)
88,468
Joanies
2,255,393
71,780
(68,138)
(25,739)
216,298
2,449,594
71,836
(89,835)
(36,269)
(100,980)
2,294,346
Iron Fund Endowment
1,233,950
515,535
-
(22,446)
159,024
1,886,063
1,492,508
-
(41,686)
(115,639)
3,221,246
Hereford College of Arts
74,890
2,471
(6,192)
(947)
6,566
76,788
2,409
(5,243)
(1,156)
(3,067)
69,731
HCF Care Fund
43,888
1,468
(500)
(672)
3,831
48,015
2,157
(60)
(726)
(1,785)
47,601
C/fwd
5,672,722
658,491
(144,008)
(81,002)
578,133
6,684,336
1,635,412
(159,407)
(112,942)
(311,216)
7,736,183
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22
Endowment funds
(Continued)
- 27 -
B/fwd
5,672,722
658,491
(144,008)
(81,002)
578,133
6,684,336
1,635,412
(159,407)
(112,942)
(311,216)
7,736,183
Judith Shrimpton Endowment
32,660
1,066
-
(500)
3,088
36,314
1,064
(2,590)
(530)
(1,441)
32,817
HCF Sports Fund
4,303
150
-
(66)
349
4,736
4,357
(1,035)
(83)
(162)
7,813
Much Marcle United Fund
107,227
3,656
-
(1,641)
9,178
118,420
3,837
-
(1,786)
(4,275)
116,196
George's Fund
50,012
1,625
-
(766)
4,769
55,640
1,703
-
(839)
(2,226)
54,278
High Sheriff Endowment
208,338
17,403
(13,014)
(3,572)
20,102
229,257
36,317
(30,088)
(5,024)
(9,682)
220,780
The Charlotte Emma Ballard Trust Fund
19,536
621
(2,380)
(289)
1,658
19,146
571
(600)
(284)
(774)
18,059
Charles & Anna Saunders Family Fund
61,489
25,194
(3,000)
(941)
5,562
88,304
14,062
(3,738)
(1,380)
(4,152)
93,096
HCF Arts Fund
5,126
176
-
(78)
434
5,658
183
(860)
(85)
(202)
4,694
Wye Valley National Landcape
66,502
2,029
(5,500)
(962)
5,864
67,933
2,079
(1,000)
(1,013)
(2,726)
65,273
HCF MHF
81,158
3,209
-
(53,117)
2,266
33,516
2,591
-
(516)
(1,053)
34,538
Castle Sychrov
-
-
-
-
-
-
153,328
-
(1,140)
(5,488)
146,700
Andrew Basnett Fund
-
-
-
-
-
-
67,468
-
-
(4,981)
62,487
6,309,073
713,620
(167,902)
(142,934)
631,403
7,343,260
1,922,972
(199,318)
(125,622)
(348,378)
8,592,914
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22
Endowment funds
(Continued)
- 28 -

The Foundation manages a number of different types of funds. They fall into two main groups :–

- Endowment funds where the donations are held as capital and the income is distributed as grants in accordance with the wishes of the donor.

- Flow-through funds where the whole donation is distributed as grants over a set period, usually five years or less.

Endowment funds are further divided into three groups:-

- Unmatched Endowment funds received no matched funding from Government apart from Gift-Aid. The Foundation manages one such fund, invested with CCLA Investment Management Limited. Fees are charged to capital.

- Grassroots Endowment funds received matched government funding under a now closed Grassroots Endowment Match Challenge scheme in addition to Gift-Aid. The Foundation manages nine such funds, invested with CCLA Investment Management Limited. Fees are charged to capital.

- Community First Endowments receive matched government funding under a current scheme in addition to Gift Aid. Such funds are invested with CCLA Investment Management Limited in accordance with the rules of the scheme. Fees are charged to income. The income is supplemented by capital gains in excess of inflation.

There follows a brief description of the charitable objects of each fund grouped as above.

Unmatched Endowment Funds (no additional government funds)

Becket Bulmer

To promote the cultural advancement of the people of Herefordshire in particular through the theatre, music and arts, enhance the education of young people, the improvement of the environment and the support of disabled people. In addition to support Hereford Cider Museum and award an annual bursary to the Hereford Police Male Choir Young Musician of the Year. Approximately 8% of the value of the Becket Bulmer Fund was matched through the Grassroots Endowment Match Challenge, a government scheme that ran from 2008 to 2011.

Richard Bulmer

To help under-25’s living in and from Herefordshire to further their artistic aspirations with particular emphasis on music and travel.

John Morgan

To promote activities which raise environmental awareness and which benefit the environment with emphasis on the Kington area.

Hergest

As for John Morgan but also to support the artistic endeavours of residents from Kington.

HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22
Endowment funds
(Continued)
- 29 -

Glencora

To promote activities that benefit the environment, enhance the lifestyles of the older generation and further the arts with particular emphasis on music. Priority given to applications from the Ledbury/Colwall area.

Coneygree

To support the activities of community/voluntary groups in Ledbury and the twenty-three surrounding parishes to provide care and fellowship to individuals and rehabilitate those with mental or physical health problems through their activities. There is a special focus given to groups working with older people.

CPRE (Herefordshire)

To support groups that protect the countryside.

HCF Care Fund

To fund any Herefordshire emergency or requirement which needs an immediate response. The emphasis should be on individuals, the homeless, poor or needy such as replacement clothing for a family after a house fire, or an essential home appliance for an individual or family needing urgent rehousing after domestic abuse.

Judith Shrimpton Fund

A fund created to benefit such organisations and activities in Herefordshire and the West Midlands whose aim is to relieve the needs of people with disabilities of any kind and to help individuals lead a lifestyle of their choice.

HCF Sports Fund

A currently inactive fund but established to raise money for sport in Herefordshire.

Much Marcle United Fund

A consolidated group of old charities for the benefit of the people of the Ancient Parish of Much Marcle. Specifically, to support organisations and community groups that work in support of the wider community. Grants for individuals will be considered for education or welfare issues.

Charlotte Emma Ballard Trust

A fund created to support children living in Ledbury.

Charles & Anna Saunders Family Trust Fund

A fund created to help people who are working to better themselves through hard work.

HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22
Endowment funds
(Continued)
- 30 -

HCF Mental Health Fund

It has been a long-time priority of HCF to provide a fund dedicated to addressing mental health issues throughout Herefordshire. Thanks to a legacy left to the Foundation and a large, very generous, corporate donation, the HCF Mental Health Fund has now been set up and the Foundation is currently collaborating with local organisations and providers, including the NHS, to ensure the funding will be targeted where it is most needed.

Community First Endowment Match Challenge (a government scheme that offered £1 for every £2 endowed)

Jack Hughes Fund

Established by the Herefordshire County Proficiency Tests Committee to support the rural communities across the county, initially with rural education requirements and skill enhancement opportunities.

Bulmer Gilmour

To support voluntary and community groups in Herefordshire, with emphasis on families.

H.E.C.

Herefordshire Education Fund. To support education, including Bursaries for the under-25’s.

H.C.F.

Herefordshire Country Fair. A fund using any available surplus from the annual Country Fair to support the rural community in Herefordshire.

Joanies

This fund, covering England and Wales, has a wide-ranging, community-based focus but particularly welcomes applications from organisations working with young people aged 11 to 25 and is especially interested in projects that lead to employment, accreditation, further education, training and integration. It looks for innovation and entrepreneurship and for strong evidence of how closely applicants consult young people in developing their service, and for any community involvement or local financial support.

Hereford College of Arts

A fund created to support the arts in Herefordshire, including bursaries for students at the Hereford College of Arts and an annual Brian Hatton Award to the Herefordshire Young Artist of the year.

Castle Sychrov Endowment Fund

The primary aim of the fund is to benefit Herefordshire, particularly in relation to activities that support young people aged 5-21, whether in relieving hardship, funding education and training needs, or appropriate youth projects. Funds may be directed to individuals or communities.

HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22
Endowment funds
(Continued)
- 31 -
Hybrid Funds
High Sheriff
To support community and voluntary groups involved with law and order and community cohesion. This fund is regularly augmented and has benefited from both government schemes.
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22
Endowment funds
(Continued)
- 32 -
Flow-through Funds
Iron Fund
A fund created to relieve the needs of people within the county of Herefordshire which favours projects that encourage community cohesion, issues of isolation and disadvantage, and are able to demonstrate local need.
The Heaton Fund
To support community groups and charities based in Ledbury.
Wye Valley National Landscape (Formerly AONB)
The Fund provides an opportunity to apply for grant aid for projects which conserve and enhance the Wye Valley Area of Outstanding Natural Beauty (AONB) and its setting. AONBs are nationally important landscapes, designated for their outstanding natural and scenic beauty. The HCF Wye Valley AONB Fund is administered by the Herefordshire Community Foundation and coordinated by the Wye Valley AONB Unit, based in Monmouth. The Fund supports projects which benefit communities and the environment of the Wye Valley Area of Natural Beauty (AONB) and the area adjoining the AONB boundary (where the majority of the benefit is in the AONB) that is within Herefordshire, Gloucestershire and Monmouthshire. The fund seeks to conserve and enhance the local characteristics of wildlife, landscape, land use and community. Sustaining social well-being and economic viability are also important aims.
Herefordshire RSN
To support the relief of mental and physical sickness of persons in Herefordshire who suffer from stress, by the provision of emotional support, practical support and advice. To advance the education of the public, including professionals, in the significance of stress in rural communities.
Surviving Winter
Grants of up to £300 to vulnerable individuals and families to help pay for winter heating funded by transfer of winter fuel allowance.
The Odey Fund
The Odey Fund operates in South Herefordshire and North Gloucestershire. Priority for grants is given to established charitable organisations active in the fields of education and youth development for the age range of 16 to 25 years old with the secondary element of wider community support grants.
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22
Endowment funds
(Continued)
- 33 -
TVYP
The TVYP Fund aims to advance the education of young people aged 11 to 25 who are in conditions of need, hardship or distress and who reside in the identified parishes of South Shropshire and North Herefordshire through activities to develop their physical, mental and spiritual capacities. The fund offers educational, leisure, accommodation, economic and training opportunities for education, support and/or experience for the beneficiaries.
Emergency Appeal Fund
Funds raised by HCF, in conjunction with Hereford Times, to support individuals, community groups and charities affected by the floods caused by Storm Dennis.
George's Fund
George's Fund has been set up by a Trustee of the Foundation to celebrate the short and special life of George Price, to be used to promote the interests of Herefordshire's young children.
The Hereford Times Christmas Appeal
This is funding raised by the Hereford Times during Christmas 2021. It was donated to The Living Room in Hereford to provide Christmas food parcels for those living in need.
Knife Angel Fund
The Knife Angel Fund was set up to facilitate the transport and installation of the Knife Angel when it was exhibited in Hereford in June 2021. This was to include hosting a series of workshops and interactive events, including a national level conference to engage with professionals working in associated spheres. It is envisaged that this initiative will continue now the Knife Angel has left Hereford and there will be a general weapons amnesty, which has full approval of West Mercia Police.
The Queen's Green Canopy Fund
The fund was set up by the Lieutenancy of Herefordshire and Herefordshire Council to support the Queen's Green Canopy initiative locally as a long-lasting way to mark the Queen's Platinum Jubilee in 2022. The aim of the fund is to facilitate the purchase, transport, planting and guarding of trees from the source to schools and other publicly accessible places across Herefordshire.
Help for Refugees Fund
To fund the transport of essential goods from Herefordshire to where they are needed. Residual funds will support the resettlement of refugees in Herefordshire.
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22
Endowment funds
(Continued)
- 34 -
Addressing Fuel Poverty Fund (Flow-Through)
This fund has been made available by Herefordshire Council, to provide grants of up to £500 for fuel payments to support families in fuel poverty.
Household Support Fund (Flow-Through)
A grant funded by Herefordshire Council to provide support of up to £500 for energy, water and white goods to families struggling with the cost of living.
Logistics Aid
The aim of the fund is to facilitate the transport of essential goods and emergency relief from Herefordshire to Ukraine, Turkey and bordering countries to relieve need.
Green Oak Fund
The aim of the Green Oak Fund is to benefit organisations that work to increase environmental awareness or pormote arts and heritage within Herefordshire.
Community Warm Spaces
Providing grants of up £2,000 to heat community spaces and support food projects, giving priority to organisations supporting people experiencing homelessness, older people, disabled people and young families in need, as well as those providing meals to those suffering hardship.
Baby Steps Fund (Flow-Through)
A fund secured from UK Community Foundation Care Leavers Project funding, supported by CCLA and administered by HCF to support care-experienced parents and parents-to-be aged 16 to 25 in Herefordshire for this 4 year project.
HCF are providing matched funding for the project.
Jeremy Holden Memorial Fund
A fund set up in memory of Jeremy Holden to promote economic development and job opportunities in Bromyard.
Castle Sychrov Endowment Fund
A donor directed fund to benefit specific charitable causes specified from time to time by the Donors countrywide.
Hereford Military Festival Fund
The aim of the fund is to support the Hereford Military Festival.
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
22
Endowment funds
(Continued)
- 35 -
Andrew Basnett Flow Through and Endowment Funds
Funds set up to remember the talents of the blacksmith and art metal worker Andrew Basnett by inspiring and supporting the next generation of artisans.
Business For Good Fund (Flow Through)
An HCF initiative introducing a new way for businesses to manage their charitable giving. Local businesses each donate £10 per employee per year creating a fund to support good causes across Herefordshire.
Please Note:
Wye Valley National Landscape (Formerly AONB) Flow Through has now been spent out but still is an Endowment fund.
George's Fund is still a Flow Through but is now also an Endowment fund.
HCF Mental Health Fund is still an Endowment fund but is now also a Flow Through.
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 36 -
23
Restricted funds

The restricted funds of the charity compri se the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be use d.

Movement in funds
Movement in funds
Balance at
1 April 2023
Income
Expenditure
Transfers
Losses
Balance at
1 April 2024
Income
Expenditure
Transfers
Gains
Balance at
31 March 2025
£
£
£
£
£
£
£
£
£
£
£
Addressing Fuel Poverty Fund
18,000
-
(18,000)
-
-
-
-
-
-
-
-
Herefordshire RSN
4,907
235
(500)
(50)
-
4,592
228
-
-
-
4,820
Surviving Winter
50,689
22,034
-
(20,051)
-
52,672
15,974
-
(26)
-
68,620
Odey Fund
901
33
(500)
(50)
-
384
19
-
-
-
403
TVYP
73,590
2,246
(20,500)
(2,050)
4,940
58,226
1,729
(10,117)
(1,012)
(1,878)
46,948
Iron Fund Flow-Through
157,780
106,466
(171,340)
(17,069)
13,834
89,671
2,243
(70,932)
(7,302)
(336)
13,344
Ross Tennis Club
1,208
-
-
-
-
1,208
-
-
-
-
1,208
Emergency Appeal Fund
41,938
-
(4,237)
(424)
-
37,277
224
(24,250)
(2,301)
-
10,950
George's Fund
33,151
21,874
(34,511)
(1,841)
-
18,673
36,989
(39,628)
(2,167)
-
13,867
Heaton Fund
13,161
316
(7,640)
(573)
-
5,264
250,202
(4,000)
(300)
-
251,166
C/fwd
395,325
153,204
(257,228)
(42,108)
18,774
267,967
307,608
(148,927)
(13,108)
(2,214)
411,326
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
23
Restricted funds
(Continued)
- 37 -
B/fwd
395,325
153,204
(257,228)
(42,108)
18,774
267,967
307,608
(148,927)
(13,108)
(2,214)
411,326
Help For Refugees
205
-
-
-
-
205
275
-
-
-
480
Knife Angel of Hereford
11,550
-
-
(750)
-
10,800
-
(10,800)
-
-
-
The Queen's Green Canopy
2,311
-
(1,605)
(243)
-
463
-
-
-
-
463
Herefordshire Together
-
136,364
(136,364)
-
-
-
-
-
-
-
-
Hereford Times Christmas Appeal
-
1,654
(1,486)
(168)
-
-
-
-
-
-
-
Logistics Aid
3,360
161
(3,521)
-
-
-
-
-
-
-
-
Green Oak Fund
-
40,876
(18,380)
(1,838)
-
20,658
38,070
(25,152)
(2,065)
-
31,511
Household Support Fund
11,065
149,469
(142,991)
-
-
17,543
142,565
(136,538)
-
-
23,570
Community Warm Spaces
-
-
(6,890)
19,311
-
12,421
288
(8,082)
(436)
-
4,191
HCF mental health fund
-
-
(11,743)
50,929
-
39,186
-
(24,500)
(2,450)
-
12,236
Baby Steps Care Leavers Programme
-
-
-
-
-
-
50,000
(22,112)
-
-
27,888
The Jeremy Holden Memorial Fund
-
-
-
-
-
-
3,280
-
(28)
-
3,252
Castle Sychrov - Flow Through
-
-
-
-
-
-
86,704
(16,706)
(1,671)
-
68,327
Herefordshire Military Festival Fund
-
-
-
-
-
-
18,250
(9,112)
(489)
-
8,649
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
23
Restricted funds
(Continued)
- 38 -
Andrew Basnett Fund - Flow Through
-
-
-
-
-
-
10,008
(3,000)
(300)
-
6,708
Business for Good
-
-
-
-
-
-
660
-
(2)
-
658
423,816
481,728
(580,208)
25,133
18,774
369,243
657,708
(404,929)
(20,549)
(2,214)
599,259

See the previous note for the narrative regarding the nature of funds.

HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 39 -
24
Analysis of net assets between funds
Unrestricted
Restricted
Endowment
Total
funds
funds
funds
2025
2025
2025
2025
£
£
£
£
At 31 March 2025:
Intangible fixed assets
22,607
-
-
22,607
Tangible assets
3,491
-
-
3,491
Investments
-
56,227
8,087,342
8,143,569
Current assets/(liabilities)
156,279
543,032
505,572
1,204,883
182,377
599,259
8,592,914
9,374,550
Unrestricted
Restricted
Endowment
Total
funds
funds
funds
2024
2024
2024
2024
£
£
£
£
At 31 March 2024:
Intangible fixed assets
18,265
-
-
18,265
Tangible assets
3,723
-
-
3,723
Investments
-
141,501
7,077,375
7,218,876
Current assets/(liabilities)
166,768
227,742
265,885
660,395
188,756
369,243
7,343,260
7,901,259
25
Operating lease commitments

At the reporting end date the Charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2025
2024
£
£
Within one year
1,848
1,848
Between two and five years
-
1,848
1,848
3,696
26
Related party transactions

During the year donations of £1,128,376 (2024; £501,227) were received from trustees without conditions. There were no other related party transactions in this or the previous year.

27
Analysis of changes in net funds

The Charity had no material debt during the year.

HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 40 -
28
Cash generated from operations
2025
2024
£
£
Surplus for the year
1,473,291
980,739
Adjustments for:
Investment income recognised in statement of financial activities
(262,527)
(228,783)
Fair value gains and losses on investments
350,592
(650,177)
Depreciation and impairment of tangible fixed assets
1,426
914
Movements in working capital:
Decrease in stocks
1,680
4,788
Decrease/(increase) in debtors
99,026
(135,601)
(Decrease)/increase in creditors
(147,391)
191,481
Cash generated from operations
1,516,097
163,361
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 41 -
29
Grant Listing
Fund
Grant Recipient
Amount
Total
£
£
TVYP
Weobley High School
717
2 Face Dance Ltd (Joint Funding)
4,000
South Shropshire Youth Forum
5,400
10,117
Iron Fund
ECHO
1,000
Brightfire
1,000
Creating Future Lives - 2 Laptops
168
Ledbury Refugee Support - 5 Laptops
420
Our News Our Views
3,000
Brain Tumour Support
2,500
Lancashire T20 Superleague - 5 Laptops
420
Colwall Community Hub - 2 Laptops
168
Open Arms Kington - 1 Laptop
84
Burghill Talk Hub - 2 Laptops
168
Bicycle & helmet for an individual
297
Laptop Power Adaptors
48
Delivery & fitting of a fridgefreezer for an individual
69
Refugees Resetlement & Migration - 1 Laptop
84
Laptop & printer for an individual
1,038
White goods for an individual
439
Bed & mattress for an individual
333
Funding of Oak Apples for Citizenship Awards
975
Herefordshire Veterans Support
936
Herefordshire Council Support Worker - 1 Laptop
84
Mencap
4,281
Ledbury Community Hub
2,959
Herefordshire Growing Point (Joint Funding)
2,800
Close House Projects
5,000
Herefordshire Nurture through Nature
3,000
Cracked Slipper
3,274
Exmoor Calvert Trust
2,000
Make 2nds Count
1,232
Herefordshire Riding for the Disabled
5,000
Basement Youth Trust
5,000
PCC Orleton
3,000
Venture
5,297
At the Hub
7,000
Burghill & Tillington Cricket Club
4,070
Wye Play
5,000
Respite Breaks for an Individual
1,200
White goods for an Individual
500
White goods for an Individual
740
Hardship funding to 4 individuals
1,343
Returned payments relating to 3 grants
(4,996)
70,931
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
29
Grant Listing
(Continued)
- 42 -
Becket Bulmer
The Green Group
2,600
PCC Orleton
500
Hereford Cider Museum Quarter 1 Grant
3,927
Hay Castle Trust
2,000
Flash Theatre Productions
2,500
Ledbury Community Hub
3,000
Hereford Community Land Trust
850
Hereford Cider Museum Quarter 2 Grant
3,936
Hereford Guild of Guides
1,000
ECHO
2,000
Hereford Cider Museum Quarter 3 Grant
3,906
Rotherwas Together
1,408
Arts Uplift CIC
3,725
Ferel Productions (Joint Funding)
2,100
2 Faced Dance Ltd
1,000
Hereford Cider Museum Quarter 4 Grant
3,897
38,347
Bulmer Gilmour
Wye Play
1,000
Ewyas Harol Memorial Hall
3,000
4,000
Coneygree
Ledbury Food Group
750
2 Faced Dance Ltd (Joint Funding)
1,000
1,750
Glencora
Eastnor Bowling Club
2,000
Hereford Growing Point (Joint Funding)
2,000
Aylestone Park Association
500
4,500
Herefordshire Care Fund
Funding for a Dentisit Appointment for a homeless individual
60
60
Charlotte Ballard Fund
John Masefield High School
600
600
Heaton Fund
Herefordshire Military Festival (Joint Funding)
3,000
Ledbury Community Brass Band
1,000
4,000
Herefordshire Education Charity
Staunton on Wye School (Joint Funding)
238
Whitecross High School (Joint Funding)
250
St James C of E Primary School (Joint Funding)
250
Bursary for an Individual
665
3 Degreez Allstarz CIC
515
PT Instructor Course for an Individual
995
Drumset for Music Student (Joint Funding)
1,500
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
29
Grant Listing
(Continued)
- 43 -
Bursary for an Individual
750
Feral Productions
1,040
PT Trainer Course for an Individual
650
Kingstone & Thruxton Primary School
500
Holmer C of E School
395
Burghill Community Academy
500
8,248
Herefordshire College of Arts
Herefordshire Collage of Arts New Designers Exhibition
5,243
5,243
Hergest Fund
The Green Group
1,000
1,000
High Sheriff Fund
Houghton Project
5,000
3 Degreez CIC
2,500
ECHO
1,500
At the Hub
5,000
Close House
5,000
Herefordshire Veterans Support
2,500
Crimestoppers
437
Hinton Community Centre
5,000
Bromyard Food Bank
2,152
Hereford Cathedral
1,000
30,089
Jack Hughes Fund
Courses for 7 Individuals
1,108
1,108
Joanies Fund
Delivery of Laptops
41
Delivery of Laptops
22
Side by Side Children
2,280
Funny Wonders
3,500
Escape Family Support
2,000
Project Rewild CIC
3,500
The Literacy Pirates
3,000
The Amber Foundation
3,069
Cambridge Film Trust
2,000
All Change Arts Ltd
3,500
Creating Future Lives CIC
1,000
Breadwinners
1,300
FND Change CIC
1,000
Creative Sustainability
2,000
Lancs T20 Superleague
1,500
Connections Bus Project
2,000
Swansea Music Art Digital
2,810
Techresort Community
3,000
The Jericho Foundation
3,000
GCC County Fund
3,000
The Mix Stowmarket
2,000
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
29
Grant Listing
(Continued)
- 44 -
Mytime Young Carers
3,612
Peer Productions
2,000
Blackburn Youth Zone
3,000
21 Together
3,000
MAMA Youth Project
3,000
Me 2 Club
3,000
Sport 4 Life
3,000
Coach Core Foundation
3,000
The Rock-Currock Youth
3,000
Cycle of Life
2,500
Mile Rainbow CIC
2,600
Portsmouth Sailing Trust
3,000
Safe & Sound Homes
2,000
The Offshoot Foundation
2,500
ROJA Arts
2,600
In this Together
2,500
89,834
Judith Shrimpton
Living Paintings Trust
1,500
Acorn's Children Hospice
1,090
2,590
Richard Bulmer Fund
Herefordshire Music Fund
2,816
Royal National College for the Blind
1,000
Drumset for Music Student (Joint Funding)
1,500
5,316
HCF Arts Fund
Feral Productions (Joint Funding)
860
860
Charles & Anna Saunders Family Trust Fund
Staunton on Wye School (Joint Funding)
238
Whtiecross High School (Joint Funding)
250
St James CE Primary School (Joint Funding)
250
Herefordshire Military Festival (Joint Funding)
2,000
Herefordshire Light Infantry Museum
500
Fairfield School
500
3,738
HCF Sports Fund
City of Hereford Swimming Club
1,035
1,035
Wye Valley Nationl Landscape Fund
Wye Play
1,000
1,000
Emergency Flood Appeal Fund
Holmer C of E Academy
2,000
Eardisland Village Hall
2,000
Peterchurch Primary School
500
Ross Sports Centre
500
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
29
Grant Listing
(Continued)
- 45 -
77 x Flood Relief Grants
19,250
24,250
George's Fund
Fundraising
1,152
The Cart Shed
4,775
Marches Family Network
4,326
Growing Local
4,988
Riverside Primary School
3,500
Longtown Outdoor Learning
4,140
Orchard Multi-Academy Trust
4,800
Hereford Nurture through Nature
3,224
Hope Support Services
2,688
Brampton Abbots C of E School
1,435
Cultivating Learning
4,600
39,628
Knife Angel of Hereford
Close House Projects
5,000
Cracked Slipper Company
3,000
Clehonger Action Network
2,801
10,801
Green Oak Fund
Leominster in Bloom
730
Herefordshire Green Network
18,000
Hands up for the Planet
422
New Leaf Sustainable Development
6,000
25,152
Community Warm Spaces
Hereford City Church
2,000
Staunton on Wye Village Hall
1,750
Ledbury Community Hub
1,500
Our Lady's Community Hall
1,732
LEAF
500
The Lion Hub CIC
600
8,082
Household Support Fund
285 grants for fuel & energy costs & the purchase of white goods to individuals living in fuel poverty.
136,538
136,538
HCF Mental Health Fund
ELSA Training for 2 cohorts of Teachers from Herefordshire Schools
24,500
24,500
Baby Steps Care Leavers Programme
CLD Trust Project Management Costs
10,000
University of Warwick Project Evaluation Costs
1,000
Home-Start Project Management Costs
11,112
22,112
Castle Sychrov Fund
Father Hudson's Caritas
12,500
Herefordshire Military Festival
1,000
HEREFORDSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
29
Grant Listing
(Continued)
- 46 -
Contact
1,500
Acorns Children's Hospice
1,706
16,706
Herefordshire Military Festival
Website Design
4,800
Internet Support Costs
312
Project Management Costs
4,000
9,112
Andrew Basnett Fund
Hereford College of Arts Blacksmiths Masterclass
3,000
3,000
552 grants given out in total
604,247
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