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GERALD PALMER ELING TRUST COMPANY

Registered charity 1100869 · accounts filings on the Charity Commission register

Latest income
£2.3m
Latest spending
£1.6m
Registered
2003
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the group reported a net movement in funds of £51,520 for the year ended 31 March 2023, driven by a loss on investment revaluation of £512,618 which was partially offset by a surplus on income and expenditure. The charity holds unrestricted reserves of £332,417, which is below the stated policy target of three to six months of operating expenditure, although the total net assets are substantial at £89.7 million. The trustees confirm the group has adequate resources to continue as a going concern.

What the accounts disclose

Reserves policy: three to six months of operating expenditure (held: £332k)
“It is the policy of the Directors to maintain sufficient income reserves to fund unforeseen revenue expenditure on the Estate for a period of three to six months ahead.” — page 8
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP.

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

Total income
£2.3m
Total spending
£1.6m
Reserves (reported)
£466k
Employees
4

Reported reserves equal ~3.4 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£2.3m£1.6m
31/03/2024£2.2m£1.4m
31/03/2023£2.0m£1.4m
31/03/2022£1.8m£1.2m
31/03/2021£1.7m£1.2m

Common questions

Is GERALD PALMER ELING TRUST COMPANY financially healthy?

The accounts state that the group reported a net movement in funds of £51,520 for the year ended 31 March 2023, driven by a loss on investment revaluation of £512,618 which was partially offset by a surplus on income and expenditure. The charity holds unrestricted reserves of £332,417, which is below the stated policy target of three to six months of operating expenditure, although the total net assets are substantial at £89.7 million. The trustees confirm the group has adequate resources to continue as a going concern. Its FY2023 accounts were audited by Saffery 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.

FunderSimilar charities fundedAmount to them
BACON FOUNDATION LTD1£60k
BROADMEAD COMMUNITY CHURCH1£15k
SWIRE 27651£15k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE ELM TREE TRUST.