THE KATHLEEN TRUST
The policy of the trustees is to assist young and impecunious musicians
Objects
UPON TRUST TO PAY OR APPLY THE INCOME (OF THE TRUST FUND) TO SUCH CHARITABLE FOUNDATIONS AND FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES IN THEIR DISCRETION SHALL FROM TIME TO TIME THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that total income was £31,165 while charitable expenditure amounted to £55,538, resulting in a net deficit on unrestricted funds that was covered by transfers from expendable endowment. Net assets decreased from £1,544,960 to £1,471,198, with the majority held in fixed asset investments. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Policies the charity declares
- Internal charity financial controls policy and procedures
- Investment
- Risk management
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £31k | £56k |
| 05/04/2024 | £32k | £73k |
| 05/04/2023 | £33k | £144k |
| 05/04/2022 | £137k | £145k |
| 05/04/2021 | £11k | £133k |
Common questions
Is THE KATHLEEN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total income was £31,165 while charitable expenditure amounted to £55,538, resulting in a net deficit on unrestricted funds that was covered by transfers from expendable endowment. Net assets decreased from £1,544,960 to £1,471,198, with the majority held in fixed asset investments. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.