THE DOUGLAS AND PHYLLIS NICOL CHARITABLE FOUNDATION TRUST

Registered charity 1097272 · accounts filings on the Charity Commission register

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.

Area of benefit: PARISH CHURCH OF ST ALBAN, HINDHEAD, SURREY.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Religious Activities · Get email alerts

Latest income
£166k
Latest spending
£142k
Registered
2003
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Rental Income (48% of income)
“RENTAL INCOME 7 82,770 : 82,770 71,715” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Co-trustee expenses of £3,000 were paid.
“CO-TRUSTEE EXPENSES : - 3,000 3,000 3,000” — page 10
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Financial Conduct Authority. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Surrey

Income and spending

Financial year endIncomeSpending
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.