THE THALES CHARITABLE TRUST
Latest income
£155k
Latest spending
£198k
Registered
1990
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity is solvent and has sufficient funds to meet its immediate needs. The trustees do not set out to create any reserves, seeking instead to give donations equal to the yearly income received. No material deficits or uncertainties regarding the charity's continuation are disclosed.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The Trust does not set out to create any reserve for any of its funds.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Principal source of funds identified as The THALES Group of Companies.
“The THALES Group of Companies The charity’s principal sources of funds (including any fundraising) Para 1.47” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Darryn Rawlins
- Lindsey Beer
- MICHAEL WILLIAM PETER SEABROOK
- Nigel MacVean
- Pamela Ann Simpson
- STEPHEN MURRAY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £155k | £198k |
| 31/12/2023 | £155k | £152k |
| 31/12/2022 | £175k | £145k |
| 31/12/2021 | £165k | £176k |
| 31/12/2020 | £161k | £183k |
Common questions
Is THE THALES CHARITABLE TRUST financially healthy?
The accounts state that the charity is solvent and has sufficient funds to meet its immediate needs. The trustees do not set out to create any reserves, seeking instead to give donations equal to the yearly income received. No material deficits or uncertainties regarding the charity's continuation are disclosed.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SPECTRIS FOUNDATION | 1 | £200k |
| THE APAX FOUNDATION | 1 | £81k |