MARY SINCLAIR WATSON CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Objects
THE COMPANY SHALL HOLD MY RESIDUARY ESTATE AS TO BOTH CAPITAL AND INCOME AS TRUSTEES (HEREINAFTER CALLED THE "MARY SINCLAIR WATSON CHARITABLE TRUST") UPON TRUST TO PAY OR APPLY THE INCOME OF THE MARY SINCLAIR WATSON CHARITABLE TRUST WITH POWER IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME TO PAY OR APPLY THE WHOLE OR ANY PART OR PARTS OF THE CAPITAL OF THE MARY SINCLAIR WATSON CHARITABLE TRUST TO OR FOR THE BENEFIT OF ALL OR SUCH ONE OR MORE OF CHARITIES CONNECTED WITH ANIMAL WELFARE HOMELESSNESS CHILDREN HOSPICES AND CRUELTY AS THE COMPANY SHALL IN THEIR ABSOLUTE DISCRETION SELECT AND IN SUCH SHARES IF MORE THAN ONE AND IN SUCH MANNER AS THE COMPANY SHALL FROM TIME TO TIME IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £2,962 and bank balances of £12,635, alongside an expendable endowment fund valued at £681,211. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. No material uncertainties regarding the charity's continuation as a going concern were disclosed.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow Trust Company Ltd was paid £3,277 for trust administration fees during the year under review. HSBC was paid £7,282 for trust administration and investment management fees during the year under review. These fees are authorised under clause 3 of the trust deed.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 28/12/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 28/12/2024
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/12/2025 | £34k | £42k |
| 28/12/2024 | £16k | £18k |
| 05/04/2024 | £0 | £0 |
| 05/04/2023 | £11k | £11k |
| 05/04/2022 | £14k | £35k |
Common questions
Is MARY SINCLAIR WATSON CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £2,962 and bank balances of £12,635, alongside an expendable endowment fund valued at £681,211. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. No material uncertainties regarding the charity's continuation as a going concern were disclosed. Its FY2025 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MARY SINCLAIR WATSON CHARITABLE TRUST | £34k | — | 0 | unclear | — | no doubt |
| MISS MURIEL LIDDIATT CHARITABLE TRUST | £60k | — | 0 | unclear | — | no doubt |
| MARY LEAPMAN CHARITABLE TRUST | £31k | — | 0 | unclear | — | no doubt |
| ILLINGWORTH CHARITABLE TRUST | £161k | — | — | unclear | — | no doubt |
| INTRUST | £482k | — | — | unclear | — | no doubt |
| THE MAY HARDY MBE CHARITABLE TRUST | £48k | — | 0 | above | — | no doubt |