THE WINDHORSE TRUST

Registered charity 1098979 · accounts filings on the Charity Commission register · also known as FRONTGAIN LIMITED

The advancement of the Buddhist religion & support of a Buddhist lifestyleTo relieve povertyTo advance the education of the publicTo advance environmental protection and improvement

Causes: Religious Activities · Grant history (this charity is a funder) · Get email alerts

Latest income

£519k

Latest spending

£975k

Registered

2003

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £495,554 for the year ended 31 March 2025, contrasting with a surplus in the previous year. Per the trustees' report, free reserves stood at £1,484,350 at year-end, which the Board considers sufficient to continue funding activities for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: at least three months annual expenditure (held: £1.5m)

“At the year-end free reserves stood at £1,484,350 the equivalent of at least three months annual expenditure.” — page 6

Per its FY2025 accounts as filed with the Charity Commission.

Payments to trustees: One director received remuneration total £35,693 during the year (2024: £35,200).

“One director received remuneration total £35,693 during the year (2024: £35,200). Three trustees received reimbursed travel expenses in the year total £250. (2024: £96).” — page 16

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: 15. RELATED PARTY TRANSACTIONS

“During the year, one of the trustees paid £50 per month service charge to the charity for the maintance of her privately owned property.” — page 20

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Chater Allan LLP. Discloses 4 of 6 completeness components.

Property (HM Land Registry)

11 registered titles in England and Wales held by the charity’s company or corporate body (10 freehold); recorded price paid £1.1m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2025)

Total income

£519k

Total spending

£975k

Reserves (reported)

£1.5m

Employees

Reported reserves equal ~18.3 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (78% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Michael John Silverchair
BERNARD LAURENCE MURPHY
JOHN LINNEY · trustee of 1 other charity
Rachel Mead McMahon
Robert Ernest Jones · trustee of 1 other charity

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/03/2025	£519k	£975k
31/03/2024	£500k	£434k
31/03/2023	£485k	£538k
31/03/2022	£341k	£228k
31/03/2021	£401k	£476k

Common questions

Is THE WINDHORSE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £495,554 for the year ended 31 March 2025, contrasting with a surplus in the previous year. Per the trustees' report, free reserves stood at £1,484,350 at year-end, which the Board considers sufficient to continue funding activities for the foreseeable future. Its FY2025 accounts were audited by Chater Allan LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE HUGH PILKINGTON CHARITABLE TRUST	1	£400k
THE TANLAW FOUNDATION	1	£147k
FUTURE DHARMA FUND	1	£90k
THE ALL SAINTS EDUCATIONAL TRUST	1	£53k
THE PETS AT HOME FOUNDATION	1	£50k
THE 3 TS CHARITABLE TRUST	1	£50k
THE WESTMINSTER FOUNDATION	1	£20k
BETTY PHILLIPS CHARITABLE TRUST	1	£20k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with WINDHORSE PUBLICATIONS LTD.

WINDHORSE PUBLICATIONS LTD income £259k
THE HIMALAYAN TRUST UK CIO income £263k
THE BUDDHIST SOCIETY TRUST income £257k
ROKPA TRUST income £2.5m
WINDLE TRUST INTERNATIONAL income £5.1m
HORSEWORLD TRUST income £1.2m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
THE WINDHORSE TRUST	£519k	—	0	above	—	no doubt
WINDHORSE PUBLICATIONS LTD FY2025	£259k	—	0	no_policy	—	no doubt
THE HIMALAYAN TRUST UK CIO FY2025	£263k	—	0	unclear	—	no doubt
THE BUDDHIST SOCIETY TRUST FY2023	£257k	—	0	above	—	no doubt
ROKPA TRUST FY2024	£2.5m	—	0	above	4.3%	no doubt
WINDLE TRUST INTERNATIONAL FY2025	£5.1m	—	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.