THE PROVEN FAMILY TRUST
MAKE GRANTS TO ORGANISATIONS FOR THE BENEFIT OF CHILDREN/YOUNG PEOPLE, ELDERLY/OLD PEOPLE, FOR THE PURPOSE OF RELIEVING DISABILITY, SICKNESS AND POVERTY AND FOR APPROPRIATE PROJECTS IN THOSE FIELDS.
Financial health, per its FY2025 accounts
The accounts state that the Trust holds investments with a market value of £629,666 as of March 2025, generating investment income of £34,388 for the year. The trustees report that reserves are held to provide a sound capital base expected to yield sufficient income to continue supporting charitable projects. The filing was examined by an independent examiner who confirmed no material matters gave cause for concern regarding the accounts.
What the accounts disclose
“Income from investments received in the year totalled £34,388 (2024: £38,209).” — page 4
“The Trust paid honorarium of £2,500 (2024: £2,300) to the wife of one of the trustees, Colin Worthington, for administrative work done during the year. Legal fees of £13,140 (2024: £4,800) were paid to Waugh & Musgrave, whose sole principal solicitor is trustee Graham Quigley.” — page 6
“The Trust paid honorarium of £2,500 (2024: £2,300) to the wife of one of the trustees, Colin Worthington, for administrative work done during the year.” — page 6
“Legal fees of £13,140 (2024: £4,800) were paid to Waugh & Musgrave, whose sole principal solicitor is trustee Graham Quigley.” — page 6
“The Trust paid honorarium of £2,500 (2024: £2,300) to the wife of one of the trustees, Colin Worthington, for administrative work done during the year.” — page 6
“Legal fees of £13,140 (2024: £4,800) were paid to Waugh & Musgrave, whose sole principal solicitor is trustee Graham Quigley.” — page 6
Trustees
- Ben Taxman
- David Simon Griffiths
- Richard Askew
- SIMON GRIFFITHS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £34k | £51k |
| 05/04/2024 | £38k | £26k |
| 05/04/2023 | £41k | £34k |
| 05/04/2022 | £37k | £39k |
| 05/04/2021 | £32k | £33k |
Common questions
Is THE PROVEN FAMILY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust holds investments with a market value of £629,666 as of March 2025, generating investment income of £34,388 for the year. The trustees report that reserves are held to provide a sound capital base expected to yield sufficient income to continue supporting charitable projects. The filing was examined by an independent examiner who confirmed no material matters gave cause for concern regarding the accounts. Its FY2025 accounts were independently examined.