THE KATHLEEN TRUST
The policy of the trustees is to assist young and impecunious musicians
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
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.