THE IRIS AND DAVID FREEMAN CHARITABLE TRUST
General charitable activities, mainly to assist children and young people.
Objects
THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST FOR SUCH PURPOSES AS SHALL BE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND IN SUCH SHARES AND PROPORTIONS AS THEY SHALL THINK FIT.
Financial health, per its FY2025 accounts
The charity held unrestricted reserves of £1,632,091 at the year end, which the trustees consider more than adequate to meet future charitable objectives. The trust reported a net expenditure of £51,176 for the year, driven by donations of £110,000 against investment income of £51,130 and a net gain on investments of £10,094. The accounts state there are no material uncertainties regarding the charity's ability to continue.
What the accounts disclose
“The charity generated investment income of £51,130 (2024: £37,912) during the course of the year and made donations of £110,000 (2024: £27,725)” — page 3
“It is the policy of the charity to maintain unrestricted funds. This provides sufficient funds to cover management, administration and support costs and to respond to emergency applications for grants which may arise from time to time.” — page 3
“On 6 June 2024 the trustee M. I. Freeman loaned the trust £50,000. This loan was unsecured and interest free. The loan was repaid by the trust on 18 June 2024. There were no other related party transactions during the year ended 5 April 2025.” — page 15
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- MICHAEL IAN FREEMANchair
- JILL WILLS
- PETER FREEMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £51k | £112k |
| 05/04/2024 | £38k | £30k |
| 05/04/2023 | £66k | £623k |
| 05/04/2022 | £34k | £44k |
| 05/04/2021 | £13k | £35k |
Common questions
Is THE IRIS AND DAVID FREEMAN CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The charity held unrestricted reserves of £1,632,091 at the year end, which the trustees consider more than adequate to meet future charitable objectives. The trust reported a net expenditure of £51,176 for the year, driven by donations of £110,000 against investment income of £51,130 and a net gain on investments of £10,094. The accounts state there are no material uncertainties regarding the charity's ability to continue. Its FY2025 accounts were independently examined.