THE ANNETT TRUST
The Trustees shall hold the capital and income of the Trust Fund upon trust to pay or apply the income and capital thereof to such charitable organisations or for such other charitable purposes and at such times and in such manner as the Trustees in their discretion think fit but having particular regards for charities involved in health care.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £2,147,820, which the trustees consider sufficient to ensure the future of the trust for the foreseeable future. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. The trust fund is entirely unrestricted, with total income of £78,077 and net gains on investments of £52,230 contributing to the fund's stability.
What the accounts disclose
“the Trustees consider that there is no need for a specific reserve.” — page 3
“Jeremy Thring is on the staff list as a Consultant for Thrings LLP. Thrings carried out all of the administration and accounts preparation of the trust until November 2024. The fees charged for this service in 2024, solely by Thrings LLP, was £4,320 including VAT (2023 : £8,304). Following the transfer of the adminisation and accounts preparation to Farnfields LLP, in November 2024, there were no further related party transactions to declare.” — page 13
Trustees
- JEREMY JOHN THRINGchair
- ALASTAIR MICHAEL STUART YOUNG
- ELIZABETH MARGARET EVANS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £78k | £81k |
| 31/12/2023 | £75k | £126k |
| 31/12/2022 | £80k | £125k |
| 31/12/2021 | £70k | £67k |
| 31/12/2020 | £63k | £52k |
Common questions
Is THE ANNETT TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £2,147,820, which the trustees consider sufficient to ensure the future of the trust for the foreseeable future. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. The trust fund is entirely unrestricted, with total income of £78,077 and net gains on investments of £52,230 contributing to the fund's stability. Its FY2024 accounts were independently examined.