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CULLUM FAMILY TRUST

Registered charity 1117056 · accounts filings on the Charity Commission register

Relief of poverty and the advancement of education and of religion and other such purposes for the benefit of the public

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income
£788k
Latest spending
£1.5m
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total unrestricted reserves stood at £32,989,706, a decrease from the previous year's £33,908,585. The trustees confirm that sufficient income is generated from investments to maintain the ongoing grant-making programme, with no material uncertainties identified 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

Highest-paid employee band: Under £60,000 — below the median for charities its size (£60k)
“No employee received remuneration amounting to more than £60,000 in either year.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Income from listed investments (99% of income)
“Income from listed investments 727,112”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: Maintain or increase level of reserves (held: £33.0m)
“The aim is to maintain or increase the level of reserves and for donations to be made out of income.”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Trustees received remuneration amounting to £110,088 in the current year (2024: £87,823). Claire Cullum-Jay is remunerated in her capacity as Chief Executive and Simon Cullum for his research into further support that the Trust can provide.
“Trustees received remuneration amounting to £110,088 in the current year (2024: £87,823). Claire Cullum-Jay is remunerated in her capacity as Chief Executive and Simon Cullum for his research into further support that the Trust can provide.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Abi Cullum, daughter of Peter Cullum, received remuneration of £25,453 (2024: £24,832) for her services to the Trust.
“Abi Cullum, daughter of Peter Cullum, received remuneration of £25,453 (2024: £24,832) for her services to the Trust.” — page 33
“Claire Cullum-Jay, daughter of Peter Cullum, received remuneration of £31,817 (2024: £31,041) for her services to the Trust.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Claire Cullum-Jay, daughter of Peter Cullum, received remuneration of £31,817 (2024: £31,041) for her services to the Trust.
“Abi Cullum, daughter of Peter Cullum, received remuneration of £25,453 (2024: £24,832) for her services to the Trust.” — page 33
“Claire Cullum-Jay, daughter of Peter Cullum, received remuneration of £31,817 (2024: £31,041) for her services to the Trust.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Simon Cullum, son of Peter Cullum, received remuneration of £52,818 (2024: £51,530) for his services to the Trust.
“Abi Cullum, daughter of Peter Cullum, received remuneration of £25,453 (2024: £24,832) for her services to the Trust.” — page 33
“Claire Cullum-Jay, daughter of Peter Cullum, received remuneration of £31,817 (2024: £31,041) for her services to the Trust.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Trust invested £2,364,978 in the Bayes Entrepreneurship Investments 2016 LLP of which the Trust is a member.
“Abi Cullum, daughter of Peter Cullum, received remuneration of £25,453 (2024: £24,832) for her services to the Trust.” — page 33
“Claire Cullum-Jay, daughter of Peter Cullum, received remuneration of £31,817 (2024: £31,041) for her services to the Trust.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Peter Cullum owed the trust a balance of £52,000 at year end 2024, which was repaid in full post year end.
“Abi Cullum, daughter of Peter Cullum, received remuneration of £25,453 (2024: £24,832) for her services to the Trust.” — page 33
“Claire Cullum-Jay, daughter of Peter Cullum, received remuneration of £31,817 (2024: £31,041) for her services to the Trust.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Hurst Accountants Limited. Discloses 5 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 05/04/2025)

Total income
£788k
Total spending
£1.5m
Cost of raising funds
£124k
Reserves (reported)
£33.0m
Employees
4

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 15.7% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
05/04/2025£788k£1.5m
05/04/2024£489k£1.5m
05/04/2023£1.6m£966k
05/04/2022£914k£1.8m
05/04/2021£787k£1.4m

Common questions

Is CULLUM FAMILY TRUST financially healthy?

Per its FY2025 accounts: The accounts state that total unrestricted reserves stood at £32,989,706, a decrease from the previous year's £33,908,585. The trustees confirm that sufficient income is generated from investments to maintain the ongoing grant-making programme, with no material uncertainties identified regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Hurst Accountants Limited.

What does the highest-paid employee of CULLUM FAMILY TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
JEREMY COLLER FOUNDATION1£230k
THE REED FOUNDATION1£84k
THE IMAM HUSSEIN FOUNDATION1£1k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with Coller Family Foundation.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CULLUM FAMILY TRUST£788kUnder £60,0000unclear—no doubt
Coller Family Foundation FY2025£230k—0below—no doubt
THE LADY FATEMAH (A.S.) CHARITABLE TRUST FY2025£4.1m—0below—no doubt
THE SHANLEY CHARITABLE TRUST FY2025£224k—0unclear—no doubt
KING/CULLIMORE CHARITABLE TRUST FY2025£327k—0above—no doubt
THE CRISPIN DAVIS FAMILY TRUST FY2025£507k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.