THE FAIRFIELD CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that net assets increased to £25,317,853 due to a rise in the value of investments, while total income decreased slightly to £667,111. The charity holds significant liquid reserves of £1,565,682, which exceeds the trustees' stated target of at least £750,000, providing flexibility for emergency payments. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Trustees consider that holding at least £750,000 in liquid funds to allow for both regular giving and to give trustees the option to react quickly where there is an immediate need to provide funds to alleviate suffering or to support deprived communities.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- John Acland-Hood
- Peter Richard John Spear
- Susan Andrews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £667k | £487k |
| 31/03/2024 | £753k | £368k |
| 31/03/2023 | £583k | £333k |
| 31/03/2022 | £476k | £335k |
| 31/03/2021 | £393k | £424k |
Common questions
Is THE FAIRFIELD CHARITABLE TRUST financially healthy?
The accounts state that net assets increased to £25,317,853 due to a rise in the value of investments, while total income decreased slightly to £667,111. The charity holds significant liquid reserves of £1,565,682, which exceeds the trustees' stated target of at least £750,000, providing flexibility for emergency payments. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Albert Goodman LLP.