JIM COUSINS TRUST
To help young people in the Witney area
Objects
TO OR FOR THE BENEFIT OF SUCH CHARITABLE PURPOSE OR PURPOSES INSTITUTION OR INSTITUTIONS AS THE TRUSTEES SHALL FROM TIME TO TIME THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased by £253,303 to £1,720,233 due to investment losses and grants exceeding income. The trustees consider this reserve level adequate for future purposes and report no contingent liabilities or material uncertainties regarding the charity's continuation.
What the accounts disclose
“Income for the financial year was £59,966 made up of wholly of dividend income” — page 6
“It is the policy of the Trustees to maintain Reserves to provide adequate funding of assets to enable the Grants to be maintained on the basis that approved grants should as far as possible be matched to the realised income.” — page 4
“An amount of £10,302.00, inclusive of VAT, is payable to John Welch & Stammers in respect of professional fees for the year to 5 April 2025. Mr Mark Drasdo is a trustee of the Charity and partners of the firm of John Welch & Stammers.” — page 10
Policies the charity declares
- Internal charity financial controls policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
Trustees
- Dr Melody Ann Clara Helm
- GARETH THOMAS ALTY
- Gillian Fettes
- Ian Leslie Lever
- John Warwick Stanley
- Judith Veronica Holloway
- Mark Drasdo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £60k | £102k |
| 05/04/2024 | £56k | £74k |
| 05/04/2023 | £57k | £64k |
| 05/04/2022 | £58k | £46k |
| 05/04/2021 | £36k | £45k |
Common questions
Is JIM COUSINS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased by £253,303 to £1,720,233 due to investment losses and grants exceeding income. The trustees consider this reserve level adequate for future purposes and report no contingent liabilities or material uncertainties regarding the charity's continuation. Its FY2025 accounts were independently examined.