BROADMEAD TRUST FUND
Broadmead Trust Fund makes grants to both individuals and other registered charities .Grantsare made in order to advance the christian religion and for the relief of the poor and needy.There are no restrictions on the geographical areas served by the charity.
Objects
(1)TO ADVANCE THE CHRISTIAN RELIGION (11)FOR THE RELIEF OF THE POOR AND NEEDY
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves at year-end were £21,944, which the trustees note is equivalent to 94% of the grants made during the year. The charity's operations are funded by voluntary donations and short-term loans, with a significant portion of its liabilities consisting of an interest-free loan from a trustee. The independent examiner reported no matters requiring attention regarding compliance with accounting requirements.
What the accounts disclose
“Income Receipts (a) From Voluntary Sources Gift Aid Donations Other Donations”
“(ii) Loan from a trustee 97,818 96,657 The loan from a trustee is unsecured and interest free with no fixed repayment terms.”
Trustees
- DOREEN MORRISS
- Louise Ruth Morriss
- Paul Richard Morriss
- ROGER NEIL MORRISS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £32k | £21k |
| 05/04/2024 | £22k | £41k |
| 05/04/2023 | £31k | £32k |
| 05/04/2022 | £55k | £74k |
| 05/04/2021 | £79k | £50k |
Common questions
Is BROADMEAD TRUST FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves at year-end were £21,944, which the trustees note is equivalent to 94% of the grants made during the year. The charity's operations are funded by voluntary donations and short-term loans, with a significant portion of its liabilities consisting of an interest-free loan from a trustee. The independent examiner reported no matters requiring attention regarding compliance with accounting requirements. Its FY2025 accounts were independently examined.