THE NICKA VASSILIOU CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
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 £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.
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.”
“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.”
“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.”
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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 17/09/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
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 | £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.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NICKA VASSILIOU CHARITABLE TRUST | £80k | — | 0 | above | — | no doubt |
| THE CARLILE FOUNDATION CHARITABLE TRUST | £72k | — | 0 | unclear | — | no doubt |
| MRS IRIS NOREEN SETCHELL CHARITABLE TRUST | £32k | — | 0 | unclear | — | no doubt |
| THE VERONIQUE CHARITABLE TRUST | £35k | — | 0 | unclear | — | no doubt |
| THE RICHARD AND LILLIAN WOODS CHARITABLE TRUST | £28k | — | 0 | unclear | — | no doubt |
| THE DORIS LOUISE HAILES CHARITABLE TRUST | £91k | — | 0 | unclear | — | no doubt |