THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £10,722,998, which the Trustees consider sufficient to permit the Trust to continue in operation in the medium term. The charity reported a net movement in funds of a loss of £225,623, primarily due to an unrealised investment loss of £178,685, though total income from investments and rentals remained stable at £163,173. The Trustees note that while the charity suffered a capital loss following stockmarket fluctuations, this is currently manageable.
What the accounts disclose
“It is the policy of the Trust to maintam unrestricted funds invested to achieve sufficient income to enable suificient distributions to be made in accordance with the aims of the Trust.” — page 3
Trustees
- MR M T WOMACKchair
- Ann Sunderland
- Gina Vivian-Neal
- Robert Law
- jane rebecca follows
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £192k | £488k |
| 31/03/2024 | £379k | £341k |
| 31/03/2023 | £163k | £210k |
| 31/03/2022 | £160k | £152k |
| 31/03/2021 | £168k | £230k |
Common questions
Is THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves stood at £10,722,998, which the Trustees consider sufficient to permit the Trust to continue in operation in the medium term. The charity reported a net movement in funds of a loss of £225,623, primarily due to an unrealised investment loss of £178,685, though total income from investments and rentals remained stable at £163,173. The Trustees note that while the charity suffered a capital loss following stockmarket fluctuations, this is currently manageable. Its FY2023 accounts were independently examined.