QUOTHQUAN TRUST
Spreading the Christian faith through encouraging and supporting the promotion of the Gospel of Jesus Christ.Supporting Christian individuals and organisations, principally through two different activities - grant making and mixed motive (social) investments.
Objects
TO ADVANCE THE CHRISTIAN FAITH (IN ACCORDANCE WITH THE STATEMENT OF FAITH MADE AND AS AMENDED FROM TIME TO TIME UNDER ARTICLE 28) AND AS AN EXPRESSION OF CHRISTIAN WITNESS, LOVE AND CONCERN TO UNDERTAKE ANY OF THE FOLLOWING TO RELIEVE THE POOR. THE SICK, THE CHARITABLE NEEDS OF THE ELDERLY AND THOSE IN CONDITIONS OF NEED, HARDSHIP AND DISTRESS; TO PROVIDE AND /OR SUPPORT TRAINING, EDUCATION AND PASTORAL CARE; AND TO PROVIDE AND/OR SUPPORT FACILITIES IN THE INTERESTS OF SOCIAL WELFARE OR RECREATION OF EITHER THE GENERAL PUBLIC IN THE AREA OF THOSE IN CHARITABLE NEED OF SUCH FACILITIES WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE.
Financial health, per its FY2024 accounts
The accounts state that the charity has no unrestricted funds and therefore no reserves as defined by the SORP, resulting in a negative net asset position due to restricted funds being invested in property and loans. The trustees consider the financial position satisfactory, citing regular cash flow from loan repayments and interest to meet grant commitments. The charity is confirmed as a going concern with sufficient resources for the next 12 to 18 months.
What the accounts disclose
“The Charity has no unrestricted funds and, therefore, as the Charity SORP defines reserves as excluding restricted funds, the Charity has no reserves.” — page 7
Policies the charity declares
- Complaints handling
- 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
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £63k | £167k |
| 31/12/2023 | £440k | £184k |
| 31/12/2022 | £82k | £191k |
| 31/12/2021 | £87k | £187k |
| 31/12/2020 | £124k | £160k |
Common questions
Is QUOTHQUAN TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity has no unrestricted funds and therefore no reserves as defined by the SORP, resulting in a negative net asset position due to restricted funds being invested in property and loans. The trustees consider the financial position satisfactory, citing regular cash flow from loan repayments and interest to meet grant commitments. The charity is confirmed as a going concern with sufficient resources for the next 12 to 18 months. Its FY2024 accounts were independently examined.