DUKE UK TRUST LIMITED
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves decreased from £16,718 to £16,102 during the year, resulting in a net expenditure of £616. The charity's policy is to maintain no general reserves other than £5,000 for running costs, with all incoming resources donated to designated institutions. The trustees confirm that resources are adequate to continue operating as a going concern with no material uncertainties.
What the accounts disclose
“To achieve its objectives, the charity has elected to donate all its incoming resources less administrative expenses, to the designated institutions. Therefore, all funds are designated, and, as a policy, it does not maintain any general reserves, except for £5,000 for running costs.” — page 3
“Duke University, USA, whose Board of Trustees is the ultimate controlling party, was the sole beneficiary of grants made by the charity during the year and it also makes contributions towards the charity's administration and governance costs which amounted to £15,089 (2024 - £2,894). They are shown as other income in these accounts.” — page 4
Structured financials (annual return, FY ending 31/07/2022)
Trustees
- Barbara Jean Hough
- Jeremy Daniel Arkin
- Michael Carl Sholtz
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £298k | £298k |
| 31/07/2024 | £158k | £161k |
| 31/07/2023 | £289k | £316k |
| 31/07/2022 | £518k | £495k |
| 31/07/2021 | £594k | £759k |
Common questions
Is DUKE UK TRUST LIMITED financially healthy?
The accounts state that total unrestricted reserves decreased from £16,718 to £16,102 during the year, resulting in a net expenditure of £616. The charity's policy is to maintain no general reserves other than £5,000 for running costs, with all incoming resources donated to designated institutions. The trustees confirm that resources are adequate to continue operating as a going concern with no material uncertainties. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COUNTY AIR AMBULANCE TRUST | 1 | £354k |
| PARKINSON'S DISEASE SOCIETY OF THE UNITED KINGDOM | 1 | £169k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| G F EYRE CHARITABLE TRUST | 1 | £1k |