THE VALIANT CHARITABLE TRUST
The Trustees meet regularly to decide on the grants they wish to make.
Objects
(1) THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO APPLY THEM IN SUCH PROPORTIONS AND IN SUCH MANNER IN ALL RESPECTS FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME THINK FIT.(2) PROVIDED THAT THE TRUSTEES MAY AT THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF TWENTY ONE YEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR.(3) PROVIDED FURTHER THAT NOTWITHSTANDING ANYTHING CONTAINED IN THIS DEED NO PART OF THE TRUST FUND OR THE INCOME THEREOF SHALL BE PAID OR APPLIED OTHERWISE THAN FOR EXCLUSIVELY CHARITABLE PURPOSES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £10,241 for the year ended 5 April 2025, driven by resources expended of £130,422 against incoming resources of £120,181. Per the trustees' report, unrestricted fund balances decreased from £4,653,905 to £4,587,020, though the trustees maintain sufficient cash reserves to meet current and planned expenditure. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees are maintaining sufficient cash reserves to meet current and planned expenditure.” — page 5
“Management and administration expenses include £45,174 (2024: £33,901) in relation to legal and other administrative support carried out by Collyer Bristow LLP; a firm of solicitors, where Ian Roger Woolfe was a partner until September 2015 and is now a consultant.” — page 15
“Gift Aid Donations received in the year from Lady Dixon totalled £40,000 (2024: £nil).” — page 15
“Management and administration expenses include £45,174 (2024: £33,901) in relation to legal and other administrative support carried out by Collyer Bristow LLP; a firm of solicitors, where Ian Roger Woolfe was a partner until September 2015 and is now a consultant.” — page 15
“Gift Aid Donations received in the year from Lady Dixon totalled £40,000 (2024: £nil).” — page 15
Policies the charity declares
- Conflicting interests
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
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
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 05/04/2025 (received 09/02/2026, 4 days after the 05/02/2026 due date).
Structured financials (annual return, FY ending 05/04/2022)
Trustees
- MR ROGER WOOLFE
- Steven Ian Graham Dixon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £120k | £130k |
| 05/04/2024 | £138k | £276k |
| 05/04/2023 | £373k | £1.3m |
| 05/04/2022 | £697k | £421k |
| 05/04/2021 | £483k | £380k |
Common questions
Is THE VALIANT CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net loss of £10,241 for the year ended 5 April 2025, driven by resources expended of £130,422 against incoming resources of £120,181. Per the trustees' report, unrestricted fund balances decreased from £4,653,905 to £4,587,020, though the trustees maintain sufficient cash reserves to meet current and planned expenditure. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UNSEEN (UK) | 1 | £5k |
Charities like this
- THE WANDS CHARITABLE TRUST
- THE VALENTINE CHARITABLE TRUST
- ODIN CHARITABLE TRUST
- G L TILLOTSON CHARITABLE TRUST
- TYNESIDE CHARITABLE TRUST
- THE KASNER CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE VALIANT CHARITABLE TRUST | £120k | — | 0 | unclear | — | no doubt |
| THE WANDS CHARITABLE TRUST | £376k | — | 0 | within | — | no doubt |
| THE VALENTINE CHARITABLE TRUST | £1.3m | — | 0 | unclear | — | no doubt |
| ODIN CHARITABLE TRUST | £313k | — | 0 | above | — | no doubt |
| G L TILLOTSON CHARITABLE TRUST | £26k | — | 0 | unclear | — | no doubt |
| TYNESIDE CHARITABLE TRUST | £30k | — | 0 | below | — | no doubt |