THE NORA MILBURN CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Financial health, per its FY2025 accounts
The accounts state that free reserves were £2,464 at the end of the period, with additional bank balances of £8,948 and investments valued at £1,191,160 within the expendable endowment fund. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. 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.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 06/03/2025 | £31k | £40k |
| 05/04/2024 | £24k | £41k |
| 05/04/2023 | £23k | £38k |
| 05/04/2022 | £16k | £31k |
| 05/04/2021 | £19k | £39k |
Common questions
Is THE NORA MILBURN CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that free reserves were £2,464 at the end of the period, with additional bank balances of £8,948 and investments valued at £1,191,160 within the expendable endowment fund. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.