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PHILIP BREEZE WILL TRUST

Registered charity 1055260 · accounts filings on the Charity Commission register · also known as PHILIP BREEZE CHARITY

Distribution of the Charity's income to the charitable organisations specified in the will of the late Philip Breeze

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income
£1.9m
Latest spending
£31k
Registered
1996
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that the charity reported a net surplus of £478,276 for the year ended 5 April 2026, driven by investment income of £1,903,414 which exceeded total expenditure of £31,103. Although the charity incurred net investment losses of £1,394,035, unrestricted funds increased to £4,847,256, and the trustees consider there are no material uncertainties about the charity's ability to continue as a going concern.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: expendable endowment to be retained during the lifetime of the annuitant (held: £4.8m)
“The Trustee regards the original capital plus re-invested gains and surpluses as expendable endowment to be retained during the lifetime of the annuitant.” — page 4
Per its FY2026 accounts as filed with the Charity Commission.
Payments to trustees: John Alistair Clemence received £13,650 remuneration from Radix Properties Limited while a trustee.
“John Alistair Clemence was a director of Radix Properties Limited until 21st March 2025 and received remuneration of £13,650 in the year to 31st March 2025 while a trustee of the Charity.” — page 14
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: Secretarial Services Ltd, a company where trustee John Alistair Clemence was director and sole shareholder, provided accountancy services. No payments were received in the current year, though £9,625 was received in 2025.
“John Alistair Clemence (trustee to 21st March 2025) was a director [and sole shareholder] of Secretarial Services Ltd which provided accountancy services to the Charity until 21st March 2025. Secretarial Services Ltd received no payments from the Charity in the current year (2025 - £9,625)” — page 14
“John Alistair Clemence was a director of Radix Properties Limited until 21st March 2025 and received remuneration of £13,650 in the year to 31st March 2025 while a trustee of the Charity.” — page 14
Per its FY2026 accounts as filed with the Charity Commission.
Related-party transaction: John Alistair Clemence, a former trustee, received remuneration of £13,650 from Radix Properties Limited, a company wholly owned by the Charity, while he was a trustee.
“John Alistair Clemence (trustee to 21st March 2025) was a director [and sole shareholder] of Secretarial Services Ltd which provided accountancy services to the Charity until 21st March 2025. Secretarial Services Ltd received no payments from the Charity in the current year (2025 - £9,625)” — page 14
“John Alistair Clemence was a director of Radix Properties Limited until 21st March 2025 and received remuneration of £13,650 in the year to 31st March 2025 while a trustee of the Charity.” — page 14
Per its FY2026 accounts as filed with the Charity Commission.
Trading subsidiary: Radix Properties Limited
“The Charity owns 100% of the shares of Radix Properties Limited.” — page 14
Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited by Perrys Audit Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 05/04/2026)

Total income
£1.9m
Total spending
£31k
Cost of raising funds
£2k
Reserves (reported)
£4.8m
Employees
0

Per its annual return, largest income source: Donations and legacies (93% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
05/04/2026£1.9m£31k
05/04/2025£2.2m£434k
05/04/2024£493k£248k
05/04/2023£302k£399k
05/04/2022£480k£408k

Common questions

Is PHILIP BREEZE WILL TRUST financially healthy?

Per its FY2026 accounts: The accounts state that the charity reported a net surplus of £478,276 for the year ended 5 April 2026, driven by investment income of £1,903,414 which exceeded total expenditure of £31,103. Although the charity incurred net investment losses of £1,394,035, unrestricted funds increased to £4,847,256, and the trustees consider there are no material uncertainties about the charity's ability to continue as a going concern. Its FY2026 accounts were audited by Perrys Audit Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE PHILLIPS AND RUBENS CHARITABLE TRUST1£300k
NORTH EAST THAMES QUAKER TRUST1£20k
THE SIR JAMES RECKITT CHARITY1£18k
LANCASHIRE CENTRAL AND NORTH AREA QUAKER MEETING1£434

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE PHILLIPS FAMILY CHARITABLE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
PHILIP BREEZE WILL TRUST£1.9m—0above—no doubt
THE PHILLIPS FAMILY CHARITABLE TRUST FY2025£100k—0unclear—no doubt
ST PHILIP'S SCHOOL TRUST LIMITED FY2025£2.0m——unclear—no doubt
PHILADELPHIA ASSOCIATION LIMITED FY2025£221k—0above278156.0%no doubt
THE PHILIP MARSDEN FAMILY CHARITABLE TRUST FY2025£118k—0unclear—no doubt
HOUSING BURSARY TRUST FUND FY2025£102k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.