THE TOMLINSON FAMILY CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity holds an expendable endowment fund of £3,584,334 and reports unrestricted free reserves as a deficit of £28,065. The trustees consider that significant free reserves are not needed given the availability of the endowment fund, accepting that deficits may arise from timing differences between liabilities and transfers. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“the trustees do not consider that the charity needs to maintain any significant free reserves although they recognise that such reserves may arise from time to time. As at 31 July 2025 free reserves were a deficit of £28,065”
“Ludlow Trust Company Limited charged fees for administrative services and cash management services of £18,354 (2024: £18,150), as shown in noted 3, with £1,587 (2024: £1,526) payable at the balance sheet. These fees are authorised under section 6.2 of the trust deed.” — page 14
Trustees
- LINDSAY PETER TOMLINSON
- LUDLOW TRUST COMPANY LTD
- SARAH TOMLINSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £284k | £217k |
| 31/07/2024 | £384k | £350k |
| 31/07/2023 | £349k | £313k |
| 31/07/2022 | £337k | £518k |
| 31/07/2021 | £194k | £214k |
Common questions
Is THE TOMLINSON FAMILY CHARITABLE TRUST financially healthy?
The accounts state that the charity holds an expendable endowment fund of £3,584,334 and reports unrestricted free reserves as a deficit of £28,065. The trustees consider that significant free reserves are not needed given the availability of the endowment fund, accepting that deficits may arise from timing differences between liabilities and transfers. The independent 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 Blue Spire Limited.