THE DOUGLAS AND PHYLLIS NICOL CHARITABLE FOUNDATION TRUST
In accordance with the terms of the Trust the available income is paid once a year to St Alban's church, Hindhead for the purposes specified. The Trustees are satisfield that these purposes remain charitable and for the public benefit. The Trustees have complied with the duty in Section 4 of the Charity Act 2006 to have due regard to public benefit guidance published by the Charity Commission.
Objects
UPON TRUST TO PAY IN ONE AMOUNT ANNUALLY, ON THE 31ST. OF DECEMBER OF EACH YEAR ( OR ON A DATE AS NEAR AS POSSIBLE TO THIS DATE AS MAY BE CONVENIENT TO THE BANK ) THE BALANCE OF INCOME REMAINING ON DEPOSIT AFTER THE DEDUCTIONS AS DESCRIBED IN PARAGRAPH (E) ABOVE, TOTHE VICAR AND CHURCHWARDENS FOR THE TIME BEING OF THE PARISH CHURCH OF SAINT ALBAN, HINDHEAD, SURREY, FOR THE GENERAL UPKEEP, MAINTENANCE, AND IMPROVEMENTS TO THE PARISH CHURCH OF SAINT ALBAN, HINDHEAD, SURREY, AND OF ITS GRAVEYARD.TAKING OTHER SOURCES OF INCOME INTO ACCOUNT, IF THE INCOME FROM THE CHARITABLE TRUST FORMED ABOVE, SHOULD AT SOME FUTURE DATE EXCEED THE EXPENDITURE, THE VICAR AND CHURCHWARDENS FOR THE TIME BEING OF SAINT ALBAN CHURCH, HINDHEAD, SURREY, MAY ACCUMULATE SUCH INCOME TOWARDS EXPENDITURE IN FUTURE YEARS, OR MAY USE THE SAME FOR OTHER CHARITABLE IN LAW CAUSES, SUCH AS THE RELIEF OF POVERTY IN THE PARISH.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £126,063 and restricted/endowment reserves of £238,641, with total cash funds of £364,704. The trustees report that reserves are kept to meet maintenance obligations associated with owning residential property and are kept under review. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“RENTAL INCOME 7 82,770 : 82,770 71,715” — page 10
“CO-TRUSTEE EXPENSES : - 3,000 3,000 3,000” — page 10
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- 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
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- JACQUELINE ANNE NICOL-ALLISS
- LLOYDS BANK PRIVATE BANKING LTD
- PETER NICOL-ALLISS
- SIMON PETER GREY NICOL-ALLISS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 13/11/2025 | £166k | £142k |
| 13/11/2024 | £117k | £97k |
| 13/11/2023 | £101k | £136k |
| 13/11/2022 | £93k | £120k |
| 13/11/2021 | £88k | £69k |
Common questions
Is THE DOUGLAS AND PHYLLIS NICOL CHARITABLE FOUNDATION TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £126,063 and restricted/endowment reserves of £238,641, with total cash funds of £364,704. The trustees report that reserves are kept to meet maintenance obligations associated with owning residential property and are kept under review. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2024 accounts were independently examined.