MRS IRIS NOREEN SETCHELL CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Objects
TO OR 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
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £56,514 at the end of the reporting period, down from £62,178 in the previous year. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks, with no funds reported 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.”
“Ludlow Trust Company Limited was paid £10,490 (2024: £12,882) for trust administration services and cash management fees during the year under review. These fees are authorized under clause 14 of the trust deed.”
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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 13/07/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 13/07/2024
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 13/03/2023
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 13/03/2023 (received 23/01/2024, 10 days after the 13/01/2024 due date).
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 13/07/2025 | £32k | £44k |
| 13/07/2024 | £67k | £22k |
| 13/03/2023 | £27k | £122k |
| 13/03/2022 | £28k | £17k |
| 13/03/2021 | £24k | £49k |
Common questions
Is MRS IRIS NOREEN SETCHELL CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £56,514 at the end of the reporting period, down from £62,178 in the previous year. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks, with no funds reported in deficit. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MRS IRIS NOREEN SETCHELL CHARITABLE TRUST | £32k | — | 0 | unclear | — | no doubt |
| MISS RENE ETHEL CHECKLAND CHARITABLE TRUST | £34k | — | — | unclear | — | no doubt |
| THE DENIS JAMES BARTLETT AND BRIGID CATHERINE CLARE BARTLETT CHARITABLE TRUST | £37k | — | 0 | unclear | — | no doubt |
| THE ELLEN MAVIS CHALK CHARITABLE TRUST | £57k | — | — | unclear | — | no doubt |
| THOMAS HENRY NORMAN ALLEN CHARITABLE TRUST | £77k | — | 0 | unclear | — | no doubt |
| MARGARET JOAN CAMPION CHARITABLE TRUST | £47k | — | 0 | unclear | — | no doubt |