SEARS GROUP TRUST

Registered charity 1022586 · accounts filings on the Charity Commission register

TO AID EMPLOYEES AND FORMER EMPLOYEES OF ANY COMPANY THAT IS OR HAS BEEN ASSOCIATED WITH SEARS LIMITED, AS WELL AS THEIR FAMILIES AND DEPENDANTS. THE TRUST'S OBJECTIVE IS THE RELIEF OF FINANCIAL NEED WHETHER CAUSED BY REASON OF AGE OR SICKNESS OR HOWSOEVER.

Objects

THE RELIEF OF POVERTY AMONGST ANY PERSONS WHO ARE EMPLOYEES OF A COMPANY AT A TIME WHEN IT IS A SUBSIDIARY OF SEARS PLC OR WHO WERE EMPLOYEES OF A COMPANY WHEN IT WAS A SUBSIDIARY OF SEARS PLC AND THE FAMILIES AND DEPENDANTS OF SUCH PERSONS.

Area of benefit: NOT DEFINED

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

Causes: The Prevention Or Relief Of Poverty · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves decreased from £12,041,946 to £11,845,621, remaining well above the trustees' stated adequate level of £7m to £8m. The charity reported a net loss of £196,325 for the year, driven by investment losses, while total expenditure of £462,869 was funded by investment income of £408,405 and capital drawdown. The trustees and auditors confirm the going concern basis is appropriate with no material uncertainties identified.

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

What the accounts disclose

Accounts audited by Dunkley’s Statutory Auditors Chartered Accountants. Discloses 6 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.

• Complaints handling
• Complaints policy and procedures
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Investment
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

Trustees · trustee networks

• Christopher Lindsey Huscroft · trustee of 1 other charity
• Margaret Mary Hannell
• Sears Group Trustees Limited
• Stephen Sellars

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

Operates in: Ireland · Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Common questions