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MRS IRIS NOREEN SETCHELL CHARITABLE TRUST

Registered charity 1084274 · accounts filings on the Charity Commission register

General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£32k
Latest spending
£44k
Registered
2000
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 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 (held: £57k)
“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.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company Limited, a corporate trustee, received fees for administration and cash management services.
“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.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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.