THE IONE VASSILIOU CHARITABLE TRUST
To pay or apply the income and capital of the trust for such charitable objects or purposes as the trustees think fit, in accordnace with the governing document.
Objects
THE FURTHERANCE AND PROMOTION 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 £130,446 and an expendable endowment fund valued at £1,995,030. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks. The independent examiner confirmed that no material matters came to their attention during the examination.
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 (Southampton) Ltd was paid £4,990 for trust administration fees during the year under review.”
“HSBC UK Bank PLC was paid £24,170 for trust administration and investment management fees during the year under review.”
“Ludlow Trust Company (Southampton) Ltd was paid £4,990 for trust administration fees during the year under review.”
“HSBC UK Bank PLC was paid £24,170 for trust administration and investment management fees during the year under review.”
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
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- IONE MARIA VASSILIOU
- JEANNINE GEORGIA ELPIS VASSILIOU
- LUDLOW TRUST COMPANY (SOUTHAMPTON) LTD
- NIKA TASSA VASSILIOU
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 17/09/2025 | £84k | £32k |
| 05/04/2024 | £51k | £37k |
| 05/04/2023 | £37k | £56k |
| 05/04/2022 | £26k | £22k |
| 05/04/2021 | £30k | £79k |
Common questions
Is THE IONE VASSILIOU CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £130,446 and an expendable endowment fund valued at £1,995,030. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks. The independent examiner confirmed that no material matters came to their attention during the examination. Its FY2025 accounts were independently examined.