Finance Score: -6

Governance Score: 1

Support Score: 0

Deficit on unrestricted reserves: -2
Spending falling: -1
Volatile income: -3

No conflicts policy: -1
Dynamic board: +3
Mainly male board: -1

No supporters identified

Overall GiG Score: -5

HULT INTERNATIONAL BUSINESS SCHOOL LTD

Higher education / student welfare/ housing

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates most of its income
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return
This charity does not have a Conflict of Interests policy
The Board is predominantly male
Over half the Board have joined recently

Financial issues to consider:

There was a deficit on unrestricted reserves of £10,016,075 at the last year end after deducting the value of own use assets
There has been a change of accounting period recently, so trends may be hard to determine
Spending has fallen significantly over the last 5 years relative to the previous period
Income has been volatile recently

Financial Data ?

Income & Spending ?

N.B. data has been adjusted to reflect year end change

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/07/22		£15,190	£14,295	£895	£0	£-10,016	£-10,016	-8.4	95
31/07/21?		£11,460	£10,813	£647	£0	£-10,911	£-10,911	-12.1	67
30/09/20		£13,128	£12,336	£792	£0	£-11,558	£-11,558	-11.2	83
30/09/19		£39,882	£22,186	£17,696	£0	£-11,751	£-11,751	-6.4	80
30/09/18		£40,466	£37,611	£2,856	£0	£-29,427	£-29,447	-9.4	80
30/09/17		£37,784	£39,738	£-1,955	£0	£-32,282	£-32,302	-9.8	90
30/09/16		£32,049	£32,173	£-125	£0	£-20,080	£-20,100	-7.5	105
30/09/15		£28,886	£50,692	£-21,806	£73	£-19,955	£-19,975	-4.7	106
30/09/14		£22,310	£22,153	£158	£58	£1,851	£1,831	1	81
30/09/13		£20,472	£18,768	£1,705	£53	£1,693	£1,673	1.1	79
30/09/12		£15,030	£13,957	£1,074	£56	£-12	£-32	-0	59
30/09/11		£10,368	£9,885	£483	£40	£-1,085	£-1,105	-1.3	63
30/09/10		£6,571	£6,638	£-67	£45	£-1,568	£-1,588	-2.9	43
30/09/09		£3,029	£3,883	£-854	£39	£-1,502	£-1,522	-4.7	32
30/09/08?		£3,450	£4,138	£-688	£67	£-647	£-667	-1.9	43
30/06/07	*	£2,882	£2,975	£-93	£85	£41	£21	0.1	42
30/06/06		£3,058	£3,029	£29	£0	£0	£0	n/a	0
30/06/05	*	£3,024	£3,024	£1	£0	£0	£0	n/a	0
30/06/04		£3,087	£2,992	£94	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 25%
Highest pay band: £350,000-£400,000
Liabilities/Assets: 197%
Liabilities/Income: 134%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: -8.4 months
Net Current Assets/Spending: -2 months
Quick Ratio: 0.5

Asset Split ?

Established: 22 years
(29 years as a company)

www.hult.edu

hultlondonfinance@hult.edu

02076365667

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training

GiG Classification

Colleges and universities

How it operates

Makes Grants to Individuals
Provides advocacy/advice/information
Provides services

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People

Who works here?

95 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (12)

Current Trustees appointed

Gender Split

Based on 10/12 persons

Age Range of Trustees: 50-83

CHRISTER SEVED SERENHOV Appointed: 2022, Occupation: Trustee And Board Member

ASA ELISABETH STAFFANSDOTTER RANGNE BLENDOW Appointed: 2022

CHRISTOPHER AHLBERG (Chair) Appointed: 2022, Occupation: Chairman And Director

CHRISTOPHER MICHAEL JEDREY Appointed: 2022, Occupation: Director

CRAIG DOUGLAS BURNS Appointed: 2022, Occupation: Director

DAVID JOHN COLLIS Appointed: 2022, Occupation: Director

JAMES LEE SINTROS Appointed: 2022, Occupation: Director

MATTHEW JAMES LILLEY Appointed: 2022, Occupation: President

NICHOLAS CHARLES BARBER Appointed: 2022, Occupation: Director

PHILIP ERIC HULT Appointed: 2022, Occupation: Director

REBECCA LUCY WALSH Appointed: 2022, Occupation: Director

DEMING CHEN Appointed: 2023, Occupation: Company Director, Other trusteeship: KESWICK FOUNDATION LIMITED,

Legal constitution

Charitable company registered in England & Wales on 31/05/2002, number: 1092321
Registered at Companies House on 21/12/1994, number: 03005603

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Paying staff
Risk management

Filing Record

19 returns made; AR07: 1 days late, AR05: 8 days late,

Main office

35 Commercial Road
London
E1 1LD

Objectives

THE INSTITUTION HAS BEEN ESTABLISHED FOR THE OBJECT OF THE ADVANCEMENT OF THE EDUCATION OF THE PUBLIC BY THE PROVISION OF EDUCATIONAL COURSES SERVICES AND FACILITIES AT UNIVERSITY AND OTHER ADVANCED ACADEMIC LEVELS

Defined Area of Benefit:

NOT DEFINED

Data Sources