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.
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.”
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.