Charity Accounts Intelreading the accounts so you don’t have to

THE VEC ACORN TRUST

Registered charity 1002997 · accounts filings on the Charity Commission register · also known as THE VEC CHARITABLE TRUST

Used to encourage excellenace in sole individuals and groups especially young people and the arts

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Arts/culture/heritage/science · Amateur Sport · Other Charitable Purposes · Get email alerts

Latest income
£34k
Latest spending
£118k
Registered
1991
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a total deficit for the year of £97,793, driven by grants exceeding income and losses on investment disposals. The trustees note a policy of rebuilding reserves, and the estimated current value of the trust fund is £2,576,350.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Dividends and interest (100% of income)
“Total dividends and interest payments on Stocks and Shares managed by Veritas Asset Management (UK) Limited 34,203.39”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: rebuilding the reserves (held: £2.6m)
“The Trustees have continued their policy of rebuilding the reserves of the Trust.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Australia · South Africa · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£34k£118k
05/04/2024£35k£121k
05/04/2023£34k£112k
05/04/2022£26k£141k
05/04/2021£25k£121k

Common questions

Is THE VEC ACORN TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a total deficit for the year of £97,793, driven by grants exceeding income and losses on investment disposals. The trustees note a policy of rebuilding reserves, and the estimated current value of the trust fund is £2,576,350. Its FY2025 accounts were independently examined.