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MARY LEAPMAN CHARITABLE TRUST

Registered charity 1024783 · accounts filings on the Charity Commission register

General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com

Causes: General Charitable Purposes · Get email alerts

Latest income
£31k
Latest spending
£40k
Registered
1993
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held free reserves of £3,722 and bank balances of £8,456 at the end of the period. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. The charity also holds an expendable endowment fund with investments valued at £981,932.

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

What the accounts disclose

Reserves policy: maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks (held: £4k)
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: HSBC UK Bank Plc provided trust administration and investment management services for £16,288.28.
“HSBC was paid £16,288.28 for trust administration and investment management services. Ludlow was paid £1,478 for trust administration services during the year under review. These fees are authorised under clause 2 of the trust deed.”
“HSBC was paid £16,288.28 for trust administration and investment management services. Ludlow was paid £1,478 for trust administration services during the year under review. These fees are authorised under clause 2 of the trust deed.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company (Southampton) Ltd provided trust administration services for £1,478.
“HSBC was paid £16,288.28 for trust administration and investment management services. Ludlow was paid £1,478 for trust administration services during the year under review. These fees are authorised under clause 2 of the trust deed.”
“HSBC was paid £16,288.28 for trust administration and investment management services. Ludlow was paid £1,478 for trust administration services during the year under review. These fees are authorised under clause 2 of the trust deed.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
16/06/2025£31k£40k
05/04/2024£20k£37k
05/04/2023£19k£34k
05/04/2022£16k£30k
05/04/2021£18k£32k

Common questions

Is MARY LEAPMAN CHARITABLE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity held free reserves of £3,722 and bank balances of £8,456 at the end of the period. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. The charity also holds an expendable endowment fund with investments valued at £981,932. Its FY2025 accounts were independently examined.