MISS EDITH MARY SAGE CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Objects
FOR THE BENEFIT OF SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED THAT THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF TWENTY- ONE YEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY WITHOUT PREJUDICE TO THE RIGHT OF THE TRUSTEES TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR.
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £17,229 at the end of the reporting period, down from £23,509 in the previous year. The trustees maintain a policy of holding reserves to cover future needs and contingencies, and no funds were in deficit. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks. At the end of the reporting period the charity had free reserves of £17,229”
“Ludlow Trust Company Limited was paid £7,017 (2024: £5,684) for trust administration services and cash management fees during the year under review.”
“Ludlow Trust Company Limited was paid £7,017 (2024: £5,684) for trust administration services and cash management fees during the year under review. These fees are authorized under clause 14 of the will trust.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 12/05/2025 | £42k | £52k |
| 12/05/2024 | £24k | £49k |
| 12/05/2023 | £18k | £19k |
| 12/05/2022 | £17k | £8k |
| 12/05/2021 | £13k | £34k |
Common questions
Is MISS EDITH MARY SAGE CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £17,229 at the end of the reporting period, down from £23,509 in the previous year. The trustees maintain a policy of holding reserves to cover future needs and contingencies, and no funds were in deficit. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.