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THE ELM HOUSE TRUST

Registered charity 1109073 · accounts filings on the Charity Commission register

The charity supports worthwhile causes in North Yorkshire, particularly in Wensleydale and its side valleys and in Coverdale with a view to benefitting the areas.

Causes: General Charitable Purposes · Get email alerts

Latest income
£29k
Latest spending
£60k
Registered
2005
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted funds of £1,498,672 and a revaluation reserve of £162,074, totaling net assets of £1,660,746. The trustees report a satisfactory financial position, noting sufficient cash flows to meet liabilities for at least one year. The charity generated a net income of £34,943 for the year, driven by investment gains, while charitable expenditure totaled £60,479.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: To hold investments for long-term capital and income growth with a view to primarily donating annual income generated (held: £1.5m)
“To hold investments for long-term capital and income growth with a view to primarily donating annual income generated. The reserves policy will be reviewed on a regular basis.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 10. RELATED PARTY TRANSACTIONS AND TRUSTEES REMUNERATION EXPENSES
“Emma Varley is an associate director of Titan Private Wealth Ltd which manages the Trust’s investment portfolio. During the year the Trust made payments of £13,262 (2023: £14,450) for investment management services to Titan Private Wealth Ltd and these transactions were made on an arms length basis.” — page 14
Per its FY2024 accounts as filed with the Charity Commission.

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

Property (HM Land Registry)

3 registered titlesin England and Wales held by the charity’s company or corporate body (3 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: North Yorkshire · Northumberland · Stockton-on-tees

Income and spending

Financial year endIncomeSpending
31/12/2024£29k£60k
31/12/2023£29k£53k
31/12/2022£29k£50k
31/12/2021£29k£54k
31/12/2020£27k£59k

Common questions

Is THE ELM HOUSE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted funds of £1,498,672 and a revaluation reserve of £162,074, totaling net assets of £1,660,746. The trustees report a satisfactory financial position, noting sufficient cash flows to meet liabilities for at least one year. The charity generated a net income of £34,943 for the year, driven by investment gains, while charitable expenditure totaled £60,479. Its FY2024 accounts were independently examined.