THE SIR JAMES KNOTT TRUST
The primary objective of the Sir James Knott Trust is to help improve the conditions of people living and working in the North East of England
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted reserves stood at £63,435,786, supported by a total investment portfolio valued at £72,433,015. The trustees report that total income exceeded expenditure by £43,899 before investment gains, and they maintain a prudent level of cash reserves to smooth grant payments and cover administrative costs. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a prudent level; these are held to smooth the quantum of grants paid in the normal course of business, to provide sufficient funds to cover administrative costs and to ensure there are funds available to respond to current and future applications.” — page 6
“The Sir James Knott Trust is a related party with College Valley, by having common Trustees. During the year, The Sir James Knott Trust received a donation of £400,000 (2024 - £100,000).” — page 30
“The Trust made grants to other charities with which Trustees have an association totalling £50,000 (£2024: £15,000).” — page 30
“The Sir James Knott Trust is a related party with College Valley, by having common Trustees. During the year, The Sir James Knott Trust received a donation of £400,000 (2024 - £100,000).” — page 30
“The Trust made grants to other charities with which Trustees have an association totalling £50,000 (£2024: £15,000).” — page 30
Leadership, per the charity’s website
- Ben Speke — Chair
- Jo Curry — Manager
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (25/11/2021)
Trustees
- George Christian Festing
- JOHN CRESSWELL
- Rev FIONA JEAN SAMPLE
- Sir Walter John Buchanan Riddell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.8m | £3.7m |
| 31/03/2024 | £3.1m | £3.4m |
| 31/03/2023 | £2.7m | £2.4m |
| 31/03/2022 | £2.9m | £2.9m |
| 31/03/2021 | £2.0m | £2.2m |
Common questions
Is THE SIR JAMES KNOTT TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted reserves stood at £63,435,786, supported by a total investment portfolio valued at £72,433,015. The trustees report that total income exceeded expenditure by £43,899 before investment gains, and they maintain a prudent level of cash reserves to smooth grant payments and cover administrative costs. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRITISH HEN WELFARE TRUST | 1 | £15k |
| BRIGHOUSE WEST YORKSHIRE AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN | 1 | £8k |
Charities like this
- DAVID AND ELIZABETH KERFOOT CHARITABLE TRUST
- James Tuttiett Charitable Trust
- THE SIR JAMES RECKITT CHARITY
- THE KERRISON TRUST
- THE PRIMROSE TRUST
- THE KNOLL CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SIR JAMES KNOTT TRUST | £3.8m | — | 0 | unclear | — | no doubt |
| DAVID AND ELIZABETH KERFOOT CHARITABLE TRUST | £315k | — | 0 | unclear | — | no doubt |
| James Tuttiett Charitable Trust | £548k | — | 0 | unclear | — | no doubt |
| THE SIR JAMES RECKITT CHARITY | £1.8m | — | 0 | below | — | no doubt |
| THE KERRISON TRUST | £213k | — | 0 | above | — | no doubt |
| THE PRIMROSE TRUST | £121k | — | 0 | unclear | — | no doubt |