THE TRUELOVES CHARITABLE TRUST
The Trust's objectives are to provide funds for the care and support of persons with mental or physical disabilities.
Objects
FOR THE BENEFIT OF ONE OR MORE OF THE FOLLOWING BENEFICIARIES AND IF MORE THAN ONE IN SUCH SHARES AND PROPORTIONS BETWEEN THEM AND GENERALLY IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT NAMELY:- (A) ANY QUALIFIED CHARITY, OR (B) ANY CHARITABLE ORGANISATION OR ORGANISATIONS OR ANY CHARITABLE INSTITUTION OR INSTITUTIONS SELECTED BY THE TRUSTEES FOR CHARITABLE PURPOSES RELATED TO THE PROVISION OF RESIDENTIAL OR CARE SERVICES FOR MENTALLY OR PHYSICALLY DISABLED CHILDREN AND ADULTS, OR (C) ANY LOCAL BOROUGH OR AUTHORITY IN ENGLAND AND WALES FOR THE PURPOSE OF THE PROVISION OF RESIDENTIAL OR CARE SERVICES FOR MENTALLY OR PHYSICALLY DISABLED CHILDREN AND ADULTS WHERE THE PROVISION OF THESE SERVICES CANNOT BE MET BY THE FUNDS OF THE BOROUGH OF AUTHORITY, OR (D) ANY MENTALLY OR PHYSICALLY DISABLED CHILD OR ADULT RESIDENT IN ENGLAND OR WALES FOR THEIR WELFARE, MAINTENANCE OR BENEFIT NOT OTHERWISE PROVIDED FOR BY CHARITABLE ORGANISATIONS, LOCAL AUTHORITY, STATE OR OTHER FUNDING BODIES.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £244,062, which the trustees consider sufficient to maintain a policy target of three to six months' expenditure. The filing confirms the charity is a going concern with adequate funds to meet projected costs for the next 12 months.
What the accounts disclose
“It is the policy of the Trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure.” — page 6
Policies the charity declares
- Complaints handling
- Conflicting interests
- Internal charity financial controls policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Volunteer management
Trustees
- DAVID ALBERT THOMAS SKIDMORE
- FIONA KAREN SKIDMORE
- GRACE ANN DRANE
- JAN VALENTINE
- Millie Louise Double
- Rosie Kira Double
- VIRGINIA CHERYL DOUBLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £49k | £47k |
| 31/05/2024 | £20k | £40k |
| 31/05/2023 | £16k | £48k |
| 31/05/2022 | £64k | £52k |
| 31/05/2021 | £101k | £35k |
Common questions
Is THE TRUELOVES CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £244,062, which the trustees consider sufficient to maintain a policy target of three to six months' expenditure. The filing confirms the charity is a going concern with adequate funds to meet projected costs for the next 12 months. Its FY2025 accounts were independently examined.