PERSONAL ASSURANCE CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity held positive unrestricted reserves of £51,276 at the end of the year, representing a surplus for the period. The trustees confirmed that the accounts were drawn up on a going concern basis, supported by anticipated future donations from the controlling party. No minimum reserves policy is maintained, and the charity has no employees.
What the accounts disclose
“The trustees have decided that there is no requirement to maintain a minimum level of reserves.” — page 3
Trustees
- Hywel Phillips
- Jennifer Hinde
- Joshua Roberts-Jones
- Justine Woolf
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £100k | £98k |
| 31/12/2023 | £101k | £125k |
| 31/12/2022 | £79k | £152k |
| 31/12/2021 | £170k | £115k |
| 31/12/2020 | £75k | £106k |
Common questions
Is PERSONAL ASSURANCE CHARITABLE TRUST financially healthy?
The accounts state that the charity held positive unrestricted reserves of £51,276 at the end of the year, representing a surplus for the period. The trustees confirmed that the accounts were drawn up on a going concern basis, supported by anticipated future donations from the controlling party. No minimum reserves policy is maintained, and the charity has no employees. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| C S KAUFMAN CHARITABLE TRUST | 1 | £71k |
| MOSDOS HATORAH PNEI MENACHEM LTD | 1 | £40k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £1k |