THE TULA TRUST LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net surplus of £392,929 for the year ended 5 April 2024, driven by donations of £441,108 and net investment gains of £295,393. Per the trustees' report, unrestricted reserves stood at £2,568,588, which the directors consider sufficient to cover administration and support costs for at least three months. The charity had no employees and no trustees received remuneration during the year.
What the accounts disclose
“the directors intend to ensure that future reserves levels are maintained to cover administration and support costs for at least the following three months.”
“Donations for the year are from trustees and close family members.” — page 13
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- ALAN MARK WARNER
- CHRISTOPHER RODNEY HOWELL
- KARL ENEVOLDSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £674k | £422k |
| 05/04/2024 | £486k | £388k |
| 05/04/2023 | £391k | £275k |
| 05/04/2022 | £213k | £338k |
| 05/04/2021 | £286k | £273k |
Common questions
Is THE TULA TRUST LIMITED financially healthy?
The accounts state that the charity reported a net surplus of £392,929 for the year ended 5 April 2024, driven by donations of £441,108 and net investment gains of £295,393. Per the trustees' report, unrestricted reserves stood at £2,568,588, which the directors consider sufficient to cover administration and support costs for at least three months. The charity had no employees and no trustees received remuneration during the year. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | 1 | £80k |
| B K CHARITABLE TRUST | 1 | £72k |
| DILLHAVEN LIMITED | 1 | £71k |
| THE JMCMRJ SORRELL FOUNDATION | 1 | £50k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| BETTENHURST CHARITY LIMITED | 1 | £16k |
| THE VIVIENNE AND SAMUEL COHEN CHARITABLE TRUST | 1 | £14k |