CANNON CHARITABLE TRUST
Latest income
£617k
Latest spending
£607k
Registered
2000
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £2,575,524, which the trustees consider sufficient to preserve continuity of operations. The charity reported a net income of £9,420 for the year, funded primarily by donations and loan interest, with total charitable expenditure of £607,239.
What the accounts disclose
Related-party transaction: Loan to CSJ Investments Ltd
“At 31 January 2025, the Charity had a loan of £2,500,000 (2024: £2,500,000) issued to CSJ Investments Ltd. Mr Tauber, a trustee of the Charity, is a director and shareholder of CSJ Investments Ltd. The loan is unsecured and interest is chargeable at 7% above the Bank of England base rate. During the year, loan interest of £302,483 (2024: £295,445) was paid.” — page 15
“All of the donations received by the Charity during the year were received from related parties. These donations were received without any attached conditions.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations from related parties
“At 31 January 2025, the Charity had a loan of £2,500,000 (2024: £2,500,000) issued to CSJ Investments Ltd. Mr Tauber, a trustee of the Charity, is a director and shareholder of CSJ Investments Ltd. The loan is unsecured and interest is chargeable at 7% above the Bank of England base rate. During the year, loan interest of £302,483 (2024: £295,445) was paid.” — page 15
“All of the donations received by the Charity during the year were received from related parties. These donations were received without any attached conditions.” — page 15
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/01/2025)
Total income
£617k
Total spending
£607k
Reserves (reported)
£2.6m
Employees
0
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £617k | £607k |
| 31/01/2024 | £668k | £677k |
| 31/01/2023 | £3.7m | £1.2m |
| 31/01/2022 | £582k | £1.2m |
| 31/01/2021 | £1.5m | £989k |
Common questions
Is CANNON CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves stood at £2,575,524, which the trustees consider sufficient to preserve continuity of operations. The charity reported a net income of £9,420 for the year, funded primarily by donations and loan interest, with total charitable expenditure of £607,239. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £125k |
| STEPHEN TAYLOR FOUNDATION | 1 | £65k |
| THE HEADLEY TRUST | 1 | £50k |
| JOFFE CHARITABLE TRUST CIO | 1 | £36k |
| THE GIBBS CHARITABLE TRUSTS | 1 | £15k |
| THE A M CHARITABLE TRUST | 1 | £10k |
| REDEEMER CHURCH CHESTER LE STREET | 1 | £9k |
| CATHOLIC CHARITABLE TRUST | 1 | £8k |