Charity Accounts Intelreading the accounts so you don’t have to

THE RICHARD AND LILLIAN WOODS CHARITABLE TRUST

Registered charity 1106414 · accounts filings on the Charity Commission register

General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com

Causes: General Charitable Purposes · Get email alerts

Latest income
£28k
Latest spending
£24k
Registered
2004
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 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 (held: £14k)
“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.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trust administration and investment management fees paid to HSBC.
“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.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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.