THE DAVID SNOWDON TRUST
Latest income
£285k
Latest spending
£238k
Registered
1999
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £6,508,116, an increase from the previous year's £6,101,209. The trustees maintain a policy to distribute the majority of annual income while retaining funds for large projects, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves policy: maintain the capital but to distribute the majority of each years income, whilst being mindful of retaining funds to meet any large projects and causes (held: £6.5m)
“It is the Trustees policy to maintain the capital but to distribute the majority of each years income, whilst being mindful of retaining funds to meet any large projects and causes.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: A trustee, Mr JFD McMillan, is a director of McMillan & Co Consultants Limited who are due a fee of £9,250 (2023: £8,250) plus VAT for the preparation of the accounts and related matters.
“A trustee, Mr JFD McMillan, is a director of McMillan & Co Consultants Limited who are due a fee of £9,250 (2023: £8,250) plus VAT for the preparation of the accounts and related matters.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: DMB Snowdon made a donation of £110,465 (2023: £32,600). During the year reimbursement of costs of £11,722 (2023 £9,939) were made to DMB Snowdon in respect of the time spent on the charity's behalf by the secretary who he employs.
“The following related party transactions occurred: - DMB Snowdon made a donation of £110,465 (2023: £32,600). During the year reimbursement of costs of £11,722 (2023 £9,939) were made to DMB Snowdon in respect of the time spent on the charity's behalf by the secretary who he employs.”
“A trustee, Mr JFD McMillan, is a director of McMillan & Co Consultants Limited who are due a fee of £9,250 (2023: £8,250) plus VAT for the preparation of the accounts and related matters.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: A trustee, Mr JFD McMillan, is a director of McMillan & Co Consultants Limited who are due a fee of £9,250 (2023: £8,250) plus VAT for the preparation of the accounts and related matters.
“The following related party transactions occurred: - DMB Snowdon made a donation of £110,465 (2023: £32,600). During the year reimbursement of costs of £11,722 (2023 £9,939) were made to DMB Snowdon in respect of the time spent on the charity's behalf by the secretary who he employs.”
“A trustee, Mr JFD McMillan, is a director of McMillan & Co Consultants Limited who are due a fee of £9,250 (2023: £8,250) plus VAT for the preparation of the accounts and related matters.” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Funders the charity credits
- The Armitt Trust
Structured financials (annual return, FY ending 31/12/2022)
Total income
£2.8m
Total spending
£113k
Cost of raising funds
£30k
Reserves (reported)
£5.8m
Employees
0
Register events
- Received assets from another charity (11/04/2023)
- Received assets from another charity (18/11/2022)
Trustees
- John Frederick Douglas McMillanchair
- Christopher Jackson Malpas
- Clive Wilson
- Dr RUTH MARGARET CAYTON
- Michael Stephen Bult
- Robert Stuart Jackson
- Stuart Gerrard Allison stuart
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £285k | £238k |
| 31/12/2024 | £265k | £193k |
| 31/12/2023 | £153k | £157k |
| 31/12/2022 | £2.8m | £113k |
| 31/12/2021 | £1.5m | £64k |
Common questions
Is THE DAVID SNOWDON TRUST financially healthy?
The accounts state that unrestricted reserves stood at £6,508,116, an increase from the previous year's £6,101,209. The trustees maintain a policy to distribute the majority of annual income while retaining funds for large projects, and the auditors confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by A I Cherry Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ANJUMAN-E-JAMALI (BRADFORD) | 1 | £280k |
| ANJUMAN-E-ZAINEE (CROYDON) | 1 | £112k |
| ANJUMAN-E-SAIFEE (LEICESTER) | 1 | £63k |
| THE HOUSING ASSOCIATIONS' CHARITABLE TRUST | 1 | £20k |