STAPLES TRUST
Financial health, per its FY2025 accounts
The accounts state that total funds decreased by 4.1% to £16,470,405, driven by a net loss on investment assets of £588,815. Unrestricted reserves stood at £158,943, which the trustees consider adequate to meet current commitments, with the ability to draw on expendable endowment if necessary. The trustees are satisfied that the going concern basis remains appropriate.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £413k | £328k |
| 05/04/2024 | £415k | £505k |
| 05/04/2023 | £301k | £605k |
| 05/04/2022 | £263k | £515k |
| 05/04/2021 | £323k | £453k |
Common questions
Is STAPLES TRUST financially healthy?
The accounts state that total funds decreased by 4.1% to £16,470,405, driven by a net loss on investment assets of £588,815. Unrestricted reserves stood at £158,943, which the trustees consider adequate to meet current commitments, with the ability to draw on expendable endowment if necessary. The trustees are satisfied that the going concern basis remains appropriate. Its FY2025 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ERNEST COOK TRUST | 1 | £99k |
| ATTEND | 1 | £60k |
| CHICHESTER CATHEDRAL RESTORATION AND DEVELOPMENT TRUST CIO | 1 | £30k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST DUNSTAN AND ALL SAINTS, STEPNEY | 1 | £3k |