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THE NICKA VASSILIOU CHARITABLE TRUST

Registered charity 1089248 · 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 · Get email alerts

Latest income
£80k
Latest spending
£31k
Registered
2001
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held free reserves of £127,280 at the end of the reporting period, an increase from the previous year's £64,699. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. No funds were in deficit, and the charity reported no grants awarded during the year under review.

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: £127k)
“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: HSBC UK Bank Plc paid for trust administration
“HSBC UK Bank Plc was paid £10,196 for trust administration during the year under review. These fees are authorised under clause 6 of the trust deed.”
“Ludlow Trust Company (Southampton Ltd) was paid £4,802 for trust administration during the year under review. These fees are authorised under clause 6 of the trust deed.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company (Southampton Ltd) paid for trust administration
“HSBC UK Bank Plc was paid £10,196 for trust administration during the year under review. These fees are authorised under clause 6 of the trust deed.”
“Ludlow Trust Company (Southampton Ltd) was paid £4,802 for trust administration during the year under review. These fees are authorised under clause 6 of the trust deed.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 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
17/09/2025£80k£31k
05/04/2024£50k£66k
05/04/2023£36k£22k
05/04/2022£26k£20k
05/04/2021£27k£77k

Common questions

Is THE NICKA VASSILIOU CHARITABLE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity held free reserves of £127,280 at the end of the reporting period, an increase from the previous year's £64,699. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. No funds were in deficit, and the charity reported no grants awarded during the year under review. Its FY2025 accounts were independently examined.