THE ELM TREE TRUST
Financial health, per its FY2024 accounts
The accounts state that total funds increased by £84,719 during the year to a balance of £665,945, driven by a generous donation and net investment gains. The charity holds £32,499 in unrestricted income funds and maintains a policy of restricting outgoing resources to available income, keeping reserves at a minimal level. The trustees confirm adequate resources exist to continue operations for the foreseeable future with no material uncertainties.
What the accounts disclose
“It is the Trustees policy to restrict outgoing resources to the available income. Clause 2 of the Trust Deed gives the power to apply the Trust fund and the income thereof for such Charitable purposes as the Trustees shall in their absolute discretion determine. Accordingly it is possible to maintain reserves at a minimal level.” — page 5
“Rathbones Trust Company served as a Trustee during the year, of which a payment of £4,330 was made (£4,716 in 2023) to Rathbones Trust Company as detailed in note 9. Nancy Naidoo served as a Trustee during the year, and donated shares to the Trust valued at £49,999 (£50,000 in 2023) as detailed in note 3.” — page 15
“Nancy Naidoo served as a Trustee during the year, and donated shares to the Trust valued at £49,999 (£50,000 in 2023) as detailed in note 3.” — page 15
“Rathbones Trust Company served as a Trustee during the year, of which a payment of £4,330 was made (£4,716 in 2023) to Rathbones Trust Company as detailed in note 9. Nancy Naidoo served as a Trustee during the year, and donated shares to the Trust valued at £49,999 (£50,000 in 2023) as detailed in note 3.” — page 15
“Nancy Naidoo served as a Trustee during the year, and donated shares to the Trust valued at £49,999 (£50,000 in 2023) as detailed in note 3.” — page 15
Trustees
- Helen Clark
- NANCY NAIDOO
- Rathbones Trust Company Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £214k | £548k |
| 31/03/2024 | £61k | £34k |
| 31/03/2023 | £8k | £27k |
| 31/03/2022 | £60k | £34k |
| 31/03/2021 | £55k | £125k |
Common questions
Is THE ELM TREE TRUST financially healthy?
The accounts state that total funds increased by £84,719 during the year to a balance of £665,945, driven by a generous donation and net investment gains. The charity holds £32,499 in unrestricted income funds and maintains a policy of restricting outgoing resources to available income, keeping reserves at a minimal level. The trustees confirm adequate resources exist to continue operations for the foreseeable future with no material uncertainties. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRITISH HEN WELFARE TRUST | 1 | £15k |