COQUET TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a modest operational surplus of £148,254, though the overall result was a deficit of £42,999 due to expenditure from the designated Innovation Fund. Per the trustees' report, free reserves increased to £1,736,467, which the trustees consider sufficient to maintain the charity's reserves policy target of three to six months' expenditure.
What the accounts disclose
“The number of employees whose annual remuneration was more than £60,000 is as follows: £80,001 to £90,000 1” — page 26
“The number of employees whose annual remuneration was more than £60,000 is as follows: £80,001 to £90,000 1” — page 26
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 8
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Coquet Trust: Not Rated
Trustees
- Andrew Titmus
- DAVID IAN ROWLAND
- Dr PAUL SMITH
- Elizabeth Clare Rogerson
- IAN GALE
- SUSAN WELSH
- Sarah Turner
- Steven Carnaby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £10.0m | £10.1m |
| 31/03/2024 | £9.0m | £9.1m |
| 31/03/2023 | £8.1m | £7.8m |
| 31/03/2022 | £7.3m | £7.3m |
| 31/03/2021 | £6.5m | £6.5m |
Common questions
Is COQUET TRUST financially healthy?
The accounts state that the charity achieved a modest operational surplus of £148,254, though the overall result was a deficit of £42,999 due to expenditure from the designated Innovation Fund. Per the trustees' report, free reserves increased to £1,736,467, which the trustees consider sufficient to maintain the charity's reserves policy target of three to six months' expenditure. Its FY2025 accounts were audited by Azets Audit Services.
What does the highest-paid employee of COQUET TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 02/11/2023 | £10k | "Nature, Habitat and Heritage Project" |