SCOTT (EREDINE) CHARITABLE TRUST
The trust exists for such charitable objects as directed by the settlor or as the trustees shall from time to time determine
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £14,783,172 at the balance sheet date, which the trustees consider in line with their policy to maintain a sufficient capital base. The charity reported a net movement in funds of £2,840,376, driven largely by unrealised investment gains, while total income was £618,122. The independent auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“The charity look to hold reserves in order to provide a sufficient capital base to generate income to cover administrative expenditure and grants payable as documented in the trust deed.” — page 4
“During the year grants of £10,000 were made to REACT Disaster Response Ltd. N HC Wills is a trustee of REACT Disaster Response Ltd.” — page 17
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Amanda Jane Scott
- Col Nick Wills OBE
- KEITH JAMES BRUCE-SMITH
- Miss Lucy Gibson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £618k | £594k |
| 31/12/2023 | £573k | £579k |
| 31/12/2022 | £437k | £536k |
| 31/12/2021 | £585k | £530k |
| 31/12/2020 | £461k | £376k |
Common questions
Is SCOTT (EREDINE) CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £14,783,172 at the balance sheet date, which the trustees consider in line with their policy to maintain a sufficient capital base. The charity reported a net movement in funds of £2,840,376, driven largely by unrealised investment gains, while total income was £618,122. The independent auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2024 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CMZ LTD | 1 | £351k |
| THREE PILLARS TRUST | 1 | £343k |
| YAD SHLOMO TRUST | 1 | £223k |
| THE ABC TRUST | 1 | £197k |
| THE MELOW CHARITABLE TRUST | 1 | £149k |
| CANNON CHARITABLE TRUST | 1 | £115k |
| CROWNHOST LIMITED | 1 | £78k |
| COMET CHARITIES LTD | 1 | £53k |
Charities like this
- EVERSHEDS SUTHERLAND (INTERNATIONAL) CHARITABLE TRUST
- SIR SAMUEL SCOTT OF YEWS TRUST
- SCHREIBER CHARITABLE TRUST
- THE SCS TRUST
- DELVES CHARITABLE TRUST
- KEREN CHOCHMAS SHLOMA TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SCOTT (EREDINE) CHARITABLE TRUST | £618k | — | 0 | above | — | no doubt |
| EVERSHEDS SUTHERLAND (INTERNATIONAL) CHARITABLE TRUST | £519k | — | 0 | above | — | no doubt |
| SIR SAMUEL SCOTT OF YEWS TRUST | £153k | — | 0 | unclear | — | no doubt |
| SCHREIBER CHARITABLE TRUST | £820k | — | 0 | unclear | — | no doubt |
| THE SCS TRUST | £166k | — | 0 | within | — | no doubt |
| DELVES CHARITABLE TRUST | £222k | — | 0 | above | — | no doubt |