Plato Trust
To provide accommodation for people with, or recovering from, mental health issues.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £1,362,390, exceeding the stated reserves policy target of approximately nine months of unrestricted expenditure. The trustees confirm that resources are sufficient to continue operations in the medium term, noting that the charity is almost wholly reliant on Housing Benefit and that future government cuts could impact funding.
What the accounts disclose
“No employee received emoluments over £60,000 in the year” — page 18
“It is the policy of the charitable company to maintain unrestricted funds at a level which equate to approximately 9 months unrestricted expenditure.” — page 7
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- PETER EWAN LAWchair
- Guy French
- Jessica Tooth-Markham
- Liam O'Brien QPM
- Timothy Huggan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £535k | £383k |
| 31/01/2024 | £412k | £380k |
| 31/01/2023 | £371k | £313k |
| 31/01/2022 | £361k | £293k |
| 31/01/2021 | £357k | £282k |
Common questions
Is Plato Trust financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £1,362,390, exceeding the stated reserves policy target of approximately nine months of unrestricted expenditure. The trustees confirm that resources are sufficient to continue operations in the medium term, noting that the charity is almost wholly reliant on Housing Benefit and that future government cuts could impact funding. Its FY2025 accounts were independently examined.
What does the highest-paid employee of Plato Trust earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.