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SKERRITT TRUST

Registered charity 1016701 · accounts filings on the Charity Commission register

Housing needs of the elderly within a 10 mile radius of Old Market Square, Nottingham

Objects

A.TO CARRY ON ASSIST AND PROMOTE FOR THE BENEFIT OF THE COMMUNITY HOUSING AND ASSOCIATED AMENITIES FOR AGED PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS IN THE AREA OF INTEREST.B.TO RELIEVE AGED PERSONS IN NEED PARTICULARLY WITH A VIEW TO ASSISTING THEM SO THAT THEY CAN REMAIN IN THEIR OWN HOMES FOR AS LONG AS POSSIBLE.

Area of benefit: A RADIUS OF 10 MILES FROM NOTTINGHAM MARKET SQUARE

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Other Charitable Purposes · Get email alerts

Latest income
£84k
Latest spending
£69k
Registered
1993
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £2,739,403, significantly exceeding its stated policy target of £40,000. The charity reported a net decrease in funds of £34,235 for the year, driven by a net loss on investments of £49,371 which outweighed its incoming resources. Despite the investment loss, the charity remains in a strong financial position with adequate resources to support its activities for the foreseeable future.

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

What the accounts disclose

Reserves policy: £40,000 (held: £2.7m)
“It is the policy of the Charity to always maintain funds, which provide sufficient funds, to cover management, administration and support costs for one year. The Trustees consider that £40,000 should be retained for this purpose.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Teresa Clayton is a trustee of the Joint Homes Committee who received total grants of £20,000 during the year.
“Teresa Clayton is a trustee of the Joint Homes Committee who received total grants of £20,000 during the year. Sandra Warzynska is a trustee of Age UK Nottm and Notts and also a trustee of Radford Care Group who received total grants of £7,000 and £10,254 during the year respectively.” — page 17
“Sandra Warzynska is a trustee of Age UK Nottm and Notts and also a trustee of Radford Care Group who received total grants of £7,000 and £10,254 during the year respectively.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Sandra Warzynska is a trustee of Age UK Nottm and Notts who received total grants of £7,000 during the year.
“Teresa Clayton is a trustee of the Joint Homes Committee who received total grants of £20,000 during the year. Sandra Warzynska is a trustee of Age UK Nottm and Notts and also a trustee of Radford Care Group who received total grants of £7,000 and £10,254 during the year respectively.” — page 17
“Sandra Warzynska is a trustee of Age UK Nottm and Notts and also a trustee of Radford Care Group who received total grants of £7,000 and £10,254 during the year respectively.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Sandra Warzynska is a trustee of Radford Care Group who received total grants of £10,254 during the year.
“Teresa Clayton is a trustee of the Joint Homes Committee who received total grants of £20,000 during the year. Sandra Warzynska is a trustee of Age UK Nottm and Notts and also a trustee of Radford Care Group who received total grants of £7,000 and £10,254 during the year respectively.” — page 17
“Sandra Warzynska is a trustee of Age UK Nottm and Notts and also a trustee of Radford Care Group who received total grants of £7,000 and £10,254 during the year respectively.” — page 17
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Clayton & Brewill. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Nottinghamshire

Income and spending

Financial year endIncomeSpending
05/04/2025£84k£69k
05/04/2024£84k£83k
05/04/2023£86k£105k
05/04/2022£88k£100k
05/04/2021£85k£96k

Common questions

Is SKERRITT TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,739,403, significantly exceeding its stated policy target of £40,000. The charity reported a net decrease in funds of £34,235 for the year, driven by a net loss on investments of £49,371 which outweighed its incoming resources. Despite the investment loss, the charity remains in a strong financial position with adequate resources to support its activities for the foreseeable future. Its FY2025 accounts were audited by Clayton & Brewill.