THE THOMAS MOFFITT CLARK 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 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.”
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.