CAPITB TRUST
The promotion of education and training for the public benefit of those employed or intended to be employed in the British apparel and textile manufacturing industry.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,786,154, a decrease from the prior year's £1,857,775, driven by a net loss on investments and charitable expenditure exceeding income. The trustees maintain that these reserves are sufficient to protect current activities and meet day-to-day responsibilities, citing a policy to maintain high reserve levels to maximize grant funding through investment income. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The reserves policy is to maintain as high a level of reserves as possible in order to have investments to yield income to maximise the amount of grant monies available in the pursuance of the charitable objectives.” — page 7
“H Smith was the company secretary up to 11 October 2023 and a director of Company Accountancy Services Ltd (CASL). Included in administrative expenses is £nil (2024: £5,775) for services provided by CASL to CAPITB Trust.” — page 18
“L Dawson is a director of Samuel Brothers (St Paul's) Limited to which CAPITB Trust awarded a grant of £6,000 during the 2025 financial year (2024: £nil). This amount was still outstanding at the year end.” — page 18
“H Smith was the company secretary up to 11 October 2023 and a director of Company Accountancy Services Ltd (CASL). Included in administrative expenses is £nil (2024: £5,775) for services provided by CASL to CAPITB Trust.” — page 18
“L Dawson is a director of Samuel Brothers (St Paul's) Limited to which CAPITB Trust awarded a grant of £6,000 during the 2025 financial year (2024: £nil). This amount was still outstanding at the year end.” — page 18
“H Smith was the company secretary up to 11 October 2023 and a director of Company Accountancy Services Ltd (CASL). Included in administrative expenses is £nil (2024: £5,775) for services provided by CASL to CAPITB Trust.” — page 18
“L Dawson is a director of Samuel Brothers (St Paul's) Limited to which CAPITB Trust awarded a grant of £6,000 during the 2025 financial year (2024: £nil). This amount was still outstanding at the year end.” — page 18
Structured financials (annual return, FY ending 31/03/2021)
Trustees
- ADAM MANSELL
- BRITA HIRSCH
- DALIAH HEARN
- ELIZABETH FOX
- LEE BRENDAN DAWSON
- MARTIN JAMES JENKINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £71k | £120k |
| 31/03/2024 | £77k | £106k |
| 31/03/2023 | £66k | £118k |
| 31/03/2022 | £65k | £49k |
| 31/03/2021 | £2.1m | £2.3m |
Common questions
Is CAPITB TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,786,154, a decrease from the prior year's £1,857,775, driven by a net loss on investments and charitable expenditure exceeding income. The trustees maintain that these reserves are sufficient to protect current activities and meet day-to-day responsibilities, citing a policy to maintain high reserve levels to maximize grant funding through investment income. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.