CLAPP FAMILY CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Financial health, per its FY2025 accounts
The accounts state that free reserves decreased significantly from £81,451 to £8,197 during the period. The charity holds bank balances of £20,260 and investments valued at £1,654,753 within an expendable endowment fund. The trustees report no uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“No trustee received any remuneration or was reimbursed any expenses in the year under review. Ludlow was paid £10,755 (2024: £10,608) for trust administration and cash management charges during the year under review.”
“Ludlow was paid £10,755 (2024: £10,608) for trust administration and cash management charges during the year under review. These fees are authorised under clause 13 of the trust deed.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 25/10/2025 | £94k | £175k |
| 25/10/2024 | £55k | £20k |
| 25/10/2023 | £39k | £105k |
| 25/10/2022 | £39k | £50k |
| 25/10/2021 | £28k | £39k |
Common questions
Is CLAPP FAMILY CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that free reserves decreased significantly from £81,451 to £8,197 during the period. The charity holds bank balances of £20,260 and investments valued at £1,654,753 within an expendable endowment fund. The trustees report no uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.