TRUST OF MRS E M SIDGWICK
The charity serves as managing trustees for two residential properties on St Matthew's Street which are vested in the Ely Diocese Board of finance. Net rent is applied as grants to promote Christianity in the area around St Matthew's Street, but cannot be used for the relief of poverty nor for the salaries and costs of church services at St Matthew's church.
Financial health, per its FY2024 accounts
The accounts state that the charity's overall financial position was considered satisfactory at the end of the year. The Sidgwick Trust maintains a reserves balance sufficient to cover routine property expenses, with unrestricted reserves of £2,809.57 at year-end. The charity's activities are funded primarily by rent received and interest, with resources expended on grants, loan repayments, and property maintenance.
What the accounts disclose
“The Sidgwick trust seeks to maximise grants while maintaining a reserves balance sufficient to cover routine expenses on the property including redecoration and replacement of landlord’s furniture and white goods.” — page 1
“The property was let to Friends International (registered charity number 1094095) to house one of their full time workers among overseas students in the city until June 2019.” — page 1
“The building work was financed by interest free loans from a number of congregation members at St Matthew’s church.” — page 1
“The property was let to Friends International (registered charity number 1094095) to house one of their full time workers among overseas students in the city until June 2019.” — page 1
“The building work was financed by interest free loans from a number of congregation members at St Matthew’s church.” — page 1
Trustees
- Rev Frank Pricechair
- Claire Mason
- David William Binns
- Dr Peter Matthew Smye
- George Onyango Okal
- John Robert Anstead
- Katherine Probert
- Louise Claire Robinson
- Morag Elspeth Willoughby
- Paula Ayliffe
- Rev Thomas Simpson
- Steven Timothy Giles
- Timothy Hamilton Fieth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £43k | £44k |
| 31/12/2023 | £42k | £43k |
| 31/12/2022 | £69k | £69k |
| 31/12/2021 | £40k | £44k |
| 31/12/2020 | £54k | £52k |
Common questions
Is TRUST OF MRS E M SIDGWICK financially healthy?
Per its FY2024 accounts: The accounts state that the charity's overall financial position was considered satisfactory at the end of the year. The Sidgwick Trust maintains a reserves balance sufficient to cover routine property expenses, with unrestricted reserves of £2,809.57 at year-end. The charity's activities are funded primarily by rent received and interest, with resources expended on grants, loan repayments, and property maintenance. Its FY2024 accounts were independently examined.