THE CROSS TRUST
To advance any religious or other charitable object, including the support of any religious or charitable institution or work for the furtherance of religious or secular education, to advance the Christian faith in the United Kingdom or overseas, the relief of the poor and needy and comfort of the sick and aged.
Objects
TO ADVANCE RELIGION AND OTHER CHARITABLE PURPOSES, INCLUDING THE SUPPORT OF ANY RELIGIOUS OR CHARITABLE INSTITUTION OR WORK FOR THE FURTHERANCE OF RELIGIOUS OR SECULAR EDUCATION: TO ADVANCE THE CHRISTIAN FAITH IN THE UNITED KINGDOM OR OVERSEAS; THE RELIEF OF THE POOR AND NEEDY AND THE HELP AND COMFORT OF THE SICK AND AGED.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £133,306 for the year, resulting in a decrease in unrestricted reserves from £623,762 to £490,456. The trustees consider the reserves policy target to be three to six months of governance and support costs, and the current free reserves of £490,456 are stated without explicit comparison to a specific monetary target derived from that policy. The 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 aim to maintain free reserves equivalent to approximately three to six months of governance and support costs” — page 5
“During the year, Lord Michael Farmer, a trustee and director, donated £558,000 (2024: £50,000) to the charity. No restrictions or conditions were placed on these donations.” — page 20
“The Lady Farmer, a trustee and director, is also a trustee of Luckley House School Limited. During the year the charity made grants totalling £160,113 (2024: £158,977) to Luckley House School Limited.” — page 20
“During the year, Lord Michael Farmer, a trustee and director, donated £558,000 (2024: £50,000) to the charity. No restrictions or conditions were placed on these donations.” — page 20
“The Lady Farmer, a trustee and director, is also a trustee of Luckley House School Limited. During the year the charity made grants totalling £160,113 (2024: £158,977) to Luckley House School Limited.” — page 20
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- Lord Michael Stahel Farmerchair
- Antonia Rose Rochefort Richards
- DOUGLAS JAMES OLSEN
- JENNY DOROTHY ROCHEFORT FARMER
- Melanie Sara Beckham
- Rev Michael Robert John Neville
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £707k | £846k |
| 05/04/2024 | £95k | £1.4m |
| 05/04/2023 | £183k | £721k |
| 05/04/2022 | £4.7m | £4.5m |
| 05/04/2021 | £82k | £1.1m |
Common questions
Is THE CROSS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net loss of £133,306 for the year, resulting in a decrease in unrestricted reserves from £623,762 to £490,456. The trustees consider the reserves policy target to be three to six months of governance and support costs, and the current free reserves of £490,456 are stated without explicit comparison to a specific monetary target derived from that policy. 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 SKS Audit LLP.
Who funds THE CROSS TRUST?
Funders whose own accounts filings name THE CROSS TRUST as a grant recipient include THE CROSS TRUST.
Shared trustees with funders
- Antonia Rose Rochefort Richards — trustee here and at THE CROSS TRUST
- DOUGLAS JAMES OLSEN — trustee here and at THE CROSS TRUST
- JENNY DOROTHY ROCHEFORT FARMER — trustee here and at THE CROSS TRUST
- Lord Michael Stahel Farmer — trustee here and at THE CROSS TRUST
- Melanie Sara Beckham — trustee here and at THE CROSS TRUST
- Rev Michael Robert John Neville — trustee here and at THE CROSS TRUST
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CROSS TRUST | FY2021 | £640k |
Funders of similar charities
Charities like this
- COMMUNITY OF THE HOLY CROSS
- THE PROCLAMATION TRUST
- THE CHARIS TRUST
- THE TERRYS CROSS TRUST
- SOCIETY OF THE HOLY CROSS (ALSO KNOWN AS SOCIETAS SANCTAE CRUCIS)
- THE PRESENCE CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CROSS TRUST | £707k | — | 0 | unclear | — | no doubt |
| COMMUNITY OF THE HOLY CROSS | £408k | — | 0 | unclear | — | no doubt |
| THE PROCLAMATION TRUST | £1.6m | — | — | unclear | — | no doubt |
| THE CHARIS TRUST | £591k | — | 0 | unclear | — | no doubt |
| THE TERRYS CROSS TRUST | £446k | — | 0 | unclear | — | no doubt |
| SOCIETY OF THE HOLY CROSS (ALSO KNOWN AS SOCIETAS SANCTAE CRUCIS) | £37k | — | 0 | above | — | no doubt |