THE THOMAS MOFFITT CLARK CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Objects
THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL AT SUCH TIME OR TIMES AND IN SUCH MANNER TO OR FOR THE BENEFIT OF SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION THINK FIT PROVIDED THAT THE TRUSTEES MAY IN THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF TWENTY-ONE YEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY WITHOUT PREJUDICE TO THE RIGHT OF THE TRUSTEES TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR
Financial health, per its FY2025 accounts
The accounts state that free reserves were £1,385 at the end of the period, a significant decrease from £55,363 the previous year. The charity holds bank balances of £17,488 and investments valued at £1,204,482 within an expendable endowment fund. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks.
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.”
“Ludlow Trust Company Limited was paid £6,907 (2024: £11,323) for trust administration services and cash management charges during the year under review. These fees are authorised under clause 13 of the trust deed.”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 10/10/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 10/10/2024
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 10/10/2023
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 10/10/2025 | £70k | £129k |
| 10/10/2024 | £45k | £17k |
| 10/10/2023 | £26k | £79k |
| 10/10/2022 | £26k | £34k |
| 10/10/2021 | £19k | £31k |
Common questions
Is THE THOMAS MOFFITT CLARK CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that free reserves were £1,385 at the end of the period, a significant decrease from £55,363 the previous year. The charity holds bank balances of £17,488 and investments valued at £1,204,482 within an expendable endowment fund. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. Its FY2025 accounts were independently examined.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE THOMAS MOFFITT CLARK CHARITABLE TRUST | £70k | — | 0 | unclear | — | no doubt |
| THOMAS HENRY NORMAN ALLEN CHARITABLE TRUST | £77k | — | 0 | unclear | — | no doubt |
| THE MAURICE HENRY ROE CHARITABLE TRUST | £33k | — | 0 | unclear | — | no doubt |
| MISS MURIEL LIDDIATT CHARITABLE TRUST | £60k | — | 0 | unclear | — | no doubt |
| THE HAPPY CHARITABLE TRUST | £46k | — | — | unclear | — | no doubt |
| JOHN HENDERSON MCGREGOR CHARITABLE TRUST | £47k | — | — | unclear | — | no doubt |