THE TAIT MEMORIAL TRUST
Financial health, per its FY2025 accounts
The accounts state that the Trust finished the year with a net surplus of £9,574, demonstrating a significant improvement over the prior year's deficit. Per the trustees' report, the Trust holds unrestricted reserves of £199,026 and investment assets valued at £199,500, resulting in total net assets of £245,684. The Trust is operated entirely by trustees and volunteers without remuneration.
What the accounts disclose
“The Trustees have designated the M&G Charifund investment as a long-term capital reserve. Only the income generated from this investment is used to supplement the Awards Fund. The capital is not available for expenditure except by explicit Trustee resolution.” — page 22
Trustees
- ISLA BARING OAMchair
- Chad Daniel Vindin
- Dr Margaret Mayston AM
- JUSTIN BARING
- Matthew Keith Phillips
- SUSAN THORNTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £120k | £107k |
| 31/03/2024 | £119k | £131k |
| 31/03/2023 | £158k | £105k |
| 31/03/2022 | £128k | £102k |
| 31/03/2021 | £105k | £92k |
Common questions
Is THE TAIT MEMORIAL TRUST financially healthy?
The accounts state that the Trust finished the year with a net surplus of £9,574, demonstrating a significant improvement over the prior year's deficit. Per the trustees' report, the Trust holds unrestricted reserves of £199,026 and investment assets valued at £199,500, resulting in total net assets of £245,684. The Trust is operated entirely by trustees and volunteers without remuneration. Its FY2025 accounts were independently examined.
Who funds THE TAIT MEMORIAL TRUST?
Funders whose own accounts filings name THE TAIT MEMORIAL TRUST as a grant recipient include THE TAIT MEMORIAL TRUST, THE GILBERT AND SULLIVAN SOCIETY.
Shared trustees with funders
- Chad Daniel Vindin — trustee here and at THE TAIT MEMORIAL TRUST
- Dr Margaret Mayston AM — trustee here and at THE TAIT MEMORIAL TRUST
- ISLA BARING OAM — trustee here and at THE TAIT MEMORIAL TRUST
- JUSTIN BARING — trustee here and at THE TAIT MEMORIAL TRUST
- Matthew Keith Phillips — trustee here and at THE TAIT MEMORIAL TRUST
- SUSAN THORNTON — trustee here and at THE TAIT MEMORIAL TRUST
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE TAIT MEMORIAL TRUST | FY2025 | £4k |
| THE TAIT MEMORIAL TRUST | FY2025 | £4k |
| THE TAIT MEMORIAL TRUST | FY2025 | £4k |
| THE TAIT MEMORIAL TRUST | FY2025 | £4k |
| THE TAIT MEMORIAL TRUST | FY2025 | £3k |
| THE TAIT MEMORIAL TRUST | FY2025 | £3k |
| THE GILBERT AND SULLIVAN SOCIETY | FY2025 | £2k |
| THE TAIT MEMORIAL TRUST | FY2025 | £2k |
| THE TAIT MEMORIAL TRUST | FY2025 | £2k |
| THE TAIT MEMORIAL TRUST | FY2025 | £2k |
| THE TAIT MEMORIAL TRUST | FY2025 | £1k |
| THE TAIT MEMORIAL TRUST | FY2025 | £1k |
| THE TAIT MEMORIAL TRUST | FY2025 | £414 |
| THE TAIT MEMORIAL TRUST | FY2025 | £100 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NISBET TRUST | 1 | £325k |
| THE ANCHOR SOCIETY CIO | 1 | £32k |
| JOHN JAMES BRISTOL FOUNDATION | 1 | £18k |
| THE BEAVERBROOK FOUNDATION | 1 | £15k |
| SPIELMAN CHARITABLE TRUST | 1 | £10k |
| THE PORTISHEAD NAUTICAL TRUST | 1 | £9k |
| THE MARCHUS TRUST | 1 | £5k |
| THE DE BRYE CHARITABLE TRUST | 1 | £3k |