THE CLAUDE JESSETT TRUST COMPANY
The charity owns a museum site and a collection of historic vehicles, fair organs and other historic items, situated at Hadlow Down in East Sussex. Volunteers are encouraged to work on the restoration and maintenance of these items, they are displayed on public days (currently 5 a year) and by taking them to external public events following granting of planning permission, new buildings are being
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £7,159,209, which the trustees consider sufficient to provide financial flexibility for the foreseeable future. The charity operates on a going concern basis with no material uncertainties identified. The organization is exempt from audit under small companies' provisions and relies on an independent examiner's report.
What the accounts disclose
“The trustees have forecast the level of free reserves (that is those funds not tied up in fixed assets, and designated as restricted funds) the charity will require to sustain its operations. The trustees are pleased to note that there are sufficient free reserves to provide financial flexibility for the foreseeable future.” — page 5
“The Kings Mill Practice of which Mr P Haining, a trustee, is the principal was paid £5,884 for accounting and secretarial services (2023: £5,964).” — page 16
“Invatek Computer Services Limited, a company of which Mr P J Greinig, a trustee, is a director, was paid £1,492 for provision of communication services and computer support services. (2023: £2,073).” — page 16
“The Kings Mill Practice of which Mr P Haining, a trustee, is the principal was paid £5,884 for accounting and secretarial services (2023: £5,964).” — page 16
“Invatek Computer Services Limited, a company of which Mr P J Greinig, a trustee, is a director, was paid £1,492 for provision of communication services and computer support services. (2023: £2,073).” — page 16
“The Kings Mill Practice of which Mr P Haining, a trustee, is the principal was paid £5,884 for accounting and secretarial services (2023: £5,964).” — page 16
“Invatek Computer Services Limited, a company of which Mr P J Greinig, a trustee, is a director, was paid £1,492 for provision of communication services and computer support services. (2023: £2,073).” — page 16
“The Kings Mill Practice of which Mr P Haining, a trustee, is the principal was paid £5,884 for accounting and secretarial services (2023: £5,964).” — page 16
“Invatek Computer Services Limited, a company of which Mr P J Greinig, a trustee, is a director, was paid £1,492 for provision of communication services and computer support services. (2023: £2,073).” — page 16
“The investment in subsidiary comprises an investment in the whole of the issued share capital of Tinkers Park Limited, a company which was incorporated on 25th November 2003. The company commenced trading during 2005 when it took over the running of The Tinkers Park Rally.” — page 19
Property (HM Land Registry)
Register events
- Received assets from another charity (02/05/2019)
Trustees
- Benjamin John Floyd
- CHRISTOPHER NIGEL ROGERS
- Guy Simon Osborne
- JAMES JOHN HATFIELD
- PETER HAINING
- Peter John Greinig
- ZITA THERESIA DALY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £167k | £132k |
| 31/12/2023 | £136k | £134k |
| 31/12/2022 | £175k | £98k |
| 31/12/2021 | £145k | £93k |
| 31/12/2020 | £145k | £89k |
Common questions
Is THE CLAUDE JESSETT TRUST COMPANY financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £7,159,209, which the trustees consider sufficient to provide financial flexibility for the foreseeable future. The charity operates on a going concern basis with no material uncertainties identified. The organization is exempt from audit under small companies' provisions and relies on an independent examiner's report. Its FY2024 accounts were independently examined.