THE HON A G SAMUEL CHARITABLE TRUST
The Trustees aim to distribute the net income each year in accordance with the terms of the Trust Deed.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £1,490,711, supported by investment gains of £138,329 and charitable grants of £53,000. The trustees report no need for a reserve fund, stating the policy is to make grants broadly within annual income. The independent examiner confirmed that accounting records were kept and financial statements accorded with those records.
What the accounts disclose
“Investment management fees of £10,125 (2023: £8,690) were paid in the year. Investment income for the year amount to £27,089”
Trustees
- THE HON MICHAEL JOHN SAMUELchair
- JACQUELINE EVE O'HALLORAN
- LORD BEARSTED
- THE HON MRS JULIA ALINE SAMUEL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £26k | £27k |
| 31/12/2023 | £24k | £23k |
| 31/12/2022 | £24k | £23k |
| 31/12/2021 | £21k | £24k |
| 31/12/2020 | £21k | £23k |
Common questions
Is THE HON A G SAMUEL CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £1,490,711, supported by investment gains of £138,329 and charitable grants of £53,000. The trustees report no need for a reserve fund, stating the policy is to make grants broadly within annual income. The independent examiner confirmed that accounting records were kept and financial statements accorded with those records. Its FY2024 accounts were independently examined.