Charity Accounts Intelreading the accounts so you don’t have to

THE FULMER CHARITABLE TRUST

Registered charity 1070428 · accounts filings on the Charity Commission register

Donations made at the discretion of the trustees

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Get email alerts

Latest income
£494k
Latest spending
£541k
Registered
1998
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves stood at £12,572,648, which the trustees consider sufficient to meet immediate charitable requirements and ongoing administration. The charity's reserves policy is to retain reserves sufficient to cover one year of normal operating costs, a target described as being covered 'many times over' as of 31 December 2023. The independent auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (82% of income)
“Investment income of £399,673 (PY - £366,158) was received.”
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: one year of normal operating costs (held: £12.6m)
“The charity retains reserves at a level sufficient to cover one year of normal operating costs.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from trustees and connected parties
“Donations totalling £70,000 (2022: £20,000 ) were received from the trustees and parties connected to them.” — page 25
“The Trust gave £1,200 (2022: £1,200) to the Dragonfly Schools Foundation of which c Mytum is the Chair of Trustees.” — page 25
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Dragonfly Schools Foundation where a trustee is Chair
“Donations totalling £70,000 (2022: £20,000 ) were received from the trustees and parties connected to them.” — page 25
“The Trust gave £1,200 (2022: £1,200) to the Dragonfly Schools Foundation of which c Mytum is the Chair of Trustees.” — page 25
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by David Owen & Co. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £305k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£494k£541k
31/12/2024£493k£500k
31/12/2023£488k£433k
31/12/2022£391k£408k
31/12/2021£357k£301k

Common questions

Is THE FULMER CHARITABLE TRUST financially healthy?

Per its FY2023 accounts: The accounts state that unrestricted reserves stood at £12,572,648, which the trustees consider sufficient to meet immediate charitable requirements and ongoing administration. The charity's reserves policy is to retain reserves sufficient to cover one year of normal operating costs, a target described as being covered 'many times over' as of 31 December 2023. The independent auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2023 accounts were audited by David Owen & Co.