THE EDNA LINNELL CHARITABLE TRUST
PRINCIPLY SUPPORTING THE MARHARISHI FOUNDATION AND THEN OTHER UK REGISTERED CHARITIES
Objects
TO PAY AND APPLY THE INCOME AND (IF AND SO OFTEN AS MY TRUSTEES THINK FIT) THE WHOLE OR SUCH PART OR PARTS OF THE CAPITAL OF THE CHARITABLE TRUST AS THEY SHALL IN THEIR DISCRETION THINK FIT TO OR FOR THE MAHARISHI FOUNDATION (GB) OR TO OR FOR THE BENEFIT OF SUCH OTHER EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN THE UNITED KINGDOM OR ANY OTHER PART OF THE WORLD AS MY TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED ALWAYS THAT NOTHING CONTAINED HEREIN SHALL AUTHORISE MY TRUSTEES TO APPLY ANY PART OF THE CHARITABLE TRUST OR THE INCOME THEREOF TO OR FOR THE BENEFIT OF ANY OBJECTS OR PURPOSES AS AFORESAID SAVE THOSE REGARDED AS CHARITABLE BY THE LAWS OF ENGLAND AND WALES.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £42,786 before investment gains, resulting in a net movement in funds of £50,761 due to significant portfolio gains. Per the trustees' report, total unrestricted reserves stood at £2,512,182, with free reserves of £342,347, which the Trustee considers sufficient to support anticipated grant-making expenditure. The charity has no employees and relies on external professional services for administration and investment management.
What the accounts disclose
“It is the policy of the charity to ultimately maintain ‘free reserves’ (being that element on the unrestricted reserves which is not funding investments) of approximately one year’s running costs.” — page 5
“During the year the trust was charged £41,041 (2024: £22,903) for legal advice, accounts production, and day to day administration by Brachers LLP, a firm of solicitors, of which Mr C Eriksson-Lee (trustee representative during the year) was a partner.” — page 13
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
Trustees
- Brachers Trust Corporation Ltd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £57k | £99k |
| 29/02/2024 | £34k | £64k |
| 28/02/2023 | £28k | £47k |
| 28/02/2022 | £27k | £64k |
| 28/02/2021 | £28k | £53k |
Common questions
Is THE EDNA LINNELL CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £42,786 before investment gains, resulting in a net movement in funds of £50,761 due to significant portfolio gains. Per the trustees' report, total unrestricted reserves stood at £2,512,182, with free reserves of £342,347, which the Trustee considers sufficient to support anticipated grant-making expenditure. The charity has no employees and relies on external professional services for administration and investment management. Its FY2025 accounts were independently examined.