THE RICHARD AND LILLIAN WOODS CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Objects
THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY TO APPLY THE INCOME, AND ALL OR SUCH PART OR PARTS OF THE CAPITAL, AT SUCH TIME OR TIMES AND IN SUCH MANNER TO, OR FOR THE BENEFIT OF, SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £13,774 at the end of the reporting period, having held nil in the previous year. The trustees maintain a policy of keeping free reserves to cover future needs, contingencies, and risks. No funds were in deficit, and there were no uncertainties regarding the charity's ability to continue as a going concern.
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.”
“HSBC was paid £13,716 for trust administration and investment management fees during the year under review. These fees are authorised under clause 36 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 03/08/2025
- 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 05/04/2024
- 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 |
|---|---|---|
| 03/08/2025 | £28k | £24k |
| 05/04/2024 | £15k | £27k |
| 05/04/2023 | £12k | £24k |
| 05/04/2022 | £21k | £37k |
| 05/04/2021 | £11k | £22k |
Common questions
Is THE RICHARD AND LILLIAN WOODS CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £13,774 at the end of the reporting period, having held nil in the previous year. The trustees maintain a policy of keeping free reserves to cover future needs, contingencies, and risks. No funds were in deficit, and there were no uncertainties regarding the charity's ability to continue as a going concern. 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 |
|---|---|---|---|---|---|---|
| THE RICHARD AND LILLIAN WOODS CHARITABLE TRUST | £28k | — | 0 | unclear | — | no doubt |
| THE LINDLEY FOUNDATION | £52k | — | 0 | unclear | — | no doubt |
| THE DORIS LOUISE HAILES CHARITABLE TRUST | £91k | — | 0 | unclear | — | no doubt |
| THE LATE ST PATRICK WHITE CHARITABLE TRUST | £92k | — | 0 | unclear | — | no doubt |
| THE JOHN RAYMOND TIJOU CHARITABLE TRUST | £61k | — | 0 | unclear | — | no doubt |
| ILLINGWORTH CHARITABLE TRUST | £161k | — | — | unclear | — | no doubt |