RJ AND AH DANIELS CHARITABLE TRUST
Apply income or capital for the benefit of such charities as the trustees shall think fit.
Objects
SUCH CHARITABLE PURPOSES AND TO MAKE DONATIONS TO SUCH CHARITABLE INSTITUTION OR INSTITUTIONS AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted free reserves of £176,088.74, which the trustees consider higher than the policy target of three months of expenditure. The charity reports no fundraising activities, relying instead on investment income to fund £250,000 in charitable donations and administrative costs.
What the accounts disclose
“No fundraising is undertaken to support the work of the charity.”
“The Trustee aims to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure.” — page 4
“Remuneration of £16,752.00 (£21 ,078.00 in 2023) including VAT was paid to Kleinwort Hambros Trust Company (UK) Limited for its service as Corporate Trustee.” — page 13
“Remuneration of £16,752.00 (£21 ,078.00 in 2023) including VAT was paid to Kleinwort Hambros Trust Company (UK) Limited for its service as Corporate Trustee.” — page 13
Policies the charity declares
- Investment
- Risk management
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £214k | £325k |
| 31/12/2023 | £182k | £227k |
| 31/12/2022 | £162k | £241k |
| 31/12/2021 | £30k | £1k |
| 31/12/2020 | £32k | £66k |
Common questions
Is RJ AND AH DANIELS CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted free reserves of £176,088.74, which the trustees consider higher than the policy target of three months of expenditure. The charity reports no fundraising activities, relying instead on investment income to fund £250,000 in charitable donations and administrative costs. Its FY2024 accounts were independently examined.