THE CITY SOLICITORS EDUCATIONAL TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves are minimal at £2,684, with total funds carried forward of £234,869. The trustees consider these reserves adequate given the nature of the Trust's activities, and the auditors confirmed no material uncertainties regarding the entity's ability to continue as a going concern.
What the accounts disclose
“The Trustee is satisfied that the unrestricted and restricted reserves, currently £2,684 and £232,185 respectively, are adequate given the nature of the Trust’s activities.”
“The Trust’s Trustee is the City of London Solicitors’ Company. The City of London Solicitors' Company is also Trustee of The City of London Solicitors’ Company Charitable Fund.” — page 19
Structured financials (annual return, FY ending 31/12/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £267k | £161k |
| 31/12/2024 | £603k | £410k |
| 31/10/2023 | £237k | £277k |
| 31/10/2022 | £390k | £318k |
| 31/10/2021 | £103k | £110k |
Common questions
Is THE CITY SOLICITORS EDUCATIONAL TRUST financially healthy?
The accounts state that unrestricted reserves are minimal at £2,684, with total funds carried forward of £234,869. The trustees consider these reserves adequate given the nature of the Trust's activities, and the auditors confirmed no material uncertainties regarding the entity's ability to continue as a going concern. Its FY2024 accounts were audited by F. W. Smith, Riches & Co..
Who funds THE CITY SOLICITORS EDUCATIONAL TRUST?
Funders whose own accounts filings name THE CITY SOLICITORS EDUCATIONAL TRUST as a grant recipient include EVERSHEDS SUTHERLAND (INTERNATIONAL) CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| EVERSHEDS SUTHERLAND (INTERNATIONAL) CHARITABLE TRUST | FY2024 | £12k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MILLS AND REEVE CHARITABLE TRUST | 2 | £4k |
| BRIDGE HOUSE ESTATES | 1 | £6.0m |
| THE LEGAL EDUCATION FOUNDATION | 1 | £530k |
| FARRER AND CO CHARITABLE TRUST | 1 | £100k |
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £5k |
| THE CHARLES RUSSELL SPEECHLYS FOUNDATION | 1 | £4k |
| The Dentons UK and Middle East LLP Charitable Trust | 1 | £3k |
| THE BUZZACOTT STUART DEFRIES MEMORIAL FUND | 1 | £1k |