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THE PENDERELS TRUST LIMITED

Registered charity 1073513 · accounts filings on the Charity Commission register · also known as PENDERELS TRUST

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Latest income
£9.5m
Latest spending
£7.7m
Registered
1999
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £1,724,761 for the year ended 31 March 2025, driven by unrestricted income from services and investment returns. Per the trustees' report, unrestricted reserves stood at £7,774,267, which exceeds the stated policy target of six months' operating costs plus redundancy and legal costs. The trustees confirmed that adequate resources exist to continue operations for the foreseeable future with no material uncertainties identified.

What the accounts disclose

Employees paid over £60,000: 1
“One employee received emoluments of more than £60,000 during the year (2024 1).” — page 36
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: six months operating costs plus an additional fund to cover redundancy costs for all staff plus legal costs associated with winding up of the company (held: £7.8m)
“It was agreed that the level of unrestricted funds kept should be set at a minimum level of six months operating costs plus an additional fund to cover redundancy costs for all staff plus legal costs associated with winding up of the company.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Armstrongs, Chartered Accountants and Statutory Auditors. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£9.5m
Total spending
£7.7m
Reserves (reported)
£7.8m
Employees
217

Reported reserves equal ~12.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£9.5m£7.7m
31/03/2024£9.1m£7.1m
31/03/2023£6.5m£6.1m
31/03/2022£5.8m£5.4m
31/03/2021£5.4m£4.8m

Common questions

Is THE PENDERELS TRUST LIMITED financially healthy?

The accounts state that the charity reported a net surplus of £1,724,761 for the year ended 31 March 2025, driven by unrestricted income from services and investment returns. Per the trustees' report, unrestricted reserves stood at £7,774,267, which exceeds the stated policy target of six months' operating costs plus redundancy and legal costs. The trustees confirmed that adequate resources exist to continue operations for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by Armstrongs, Chartered Accountants and Statutory Auditors.