CANNON CHARITABLE TRUST
Promote encourage and provide finance for religious education and social welfare both in the United Kingdom and worldwide
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
“The charity's incoming resources, totalling £616,744, comprise of voluntary contributions of £313,200 from companies and individuals in the United Kingdom, and loan interest receivable of £303,544.” — page 4
“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
“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
Structured financials (annual return, FY ending 31/01/2025)
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?
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. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £128k |
| STEPHEN TAYLOR FOUNDATION | 1 | £65k |
| THE HEADLEY TRUST | 1 | £50k |
| JOFFE CHARITABLE TRUST CIO | 1 | £36k |
| THE A M CHARITABLE TRUST | 1 | £32k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £20k |
| THE GIBBS CHARITABLE TRUSTS | 1 | £17k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £14k |
Charities like this
- CANBURY PARK CHURCH TRUST
- CANON COLLINS TRUST
- THE ROCHESTER CATHEDRAL TRUST
- GURU NANAK NISHKAM SEWAK JATHA LONDON UK
- SHRI KANAGATHURKKAI AMMAN (HINDU) TEMPLE TRUST
- REGIONS BEYOND UK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CANNON CHARITABLE TRUST | £617k | — | 0 | unclear | — | no doubt |
| CANBURY PARK CHURCH TRUST | £150k | — | 0 | unclear | — | no doubt |
| CANON COLLINS TRUST | £758k | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| THE ROCHESTER CATHEDRAL TRUST | £166k | — | 0 | unclear | — | no doubt |
| GURU NANAK NISHKAM SEWAK JATHA LONDON UK | £655k | — | 0 | unclear | — | no doubt |
| SHRI KANAGATHURKKAI AMMAN (HINDU) TEMPLE TRUST | £1.7m | — | 0 | above | — | no doubt |