JACK FOAT'S TRUST
Such charitable purposes for the benefit of the Parish of Ash as the Trustees may decide.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £1,009,498, driven primarily by a £1,037,755 gain on the revaluation of investment property, despite an operational deficit of £55,639. Per the trustees' report, free unrestricted reserves totalled £1,323,974, which exceeds the stated reserves policy target of approximately £60,000 (representing 12 months of expenditure). The trustees confirmed the charity has adequate resources to continue as a going concern with no material uncertainties.
What the accounts disclose
“Income from investment properties 35,782” — page 12
“To this end the Trust aim to keep 12 months expenditure in reserve, estimated to be approximately £60,000.” — page 4
Trustees
- ANDREW WILKINSON
- GARY LASLETT
- IAN STEWART CHANDLER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £83k | £138k |
| 05/04/2024 | £71k | £48k |
| 05/04/2023 | £68k | £74k |
| 05/04/2022 | £60k | £41k |
| 05/04/2021 | £61k | £35k |
Common questions
Is JACK FOAT'S TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of £1,009,498, driven primarily by a £1,037,755 gain on the revaluation of investment property, despite an operational deficit of £55,639. Per the trustees' report, free unrestricted reserves totalled £1,323,974, which exceeds the stated reserves policy target of approximately £60,000 (representing 12 months of expenditure). The trustees confirmed the charity has adequate resources to continue as a going concern with no material uncertainties. Its FY2025 accounts were independently examined.