THORNTON-SMITH AND PLEVINS TRUST
Making of educational grants to young people, generally in the age range 16-19, who are in distressed circumstances.
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £20,508,436, driven by significant investment gains of £1,653,877 which offset a net operational deficit. Unrestricted reserves stood at £19,438,531, providing substantial liquidity relative to the charity's annual expenditure of £763,455. The trustees report that the charity is dependent on investment income and has no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Trustees’ policy is to maintain the real value of the endowment, distributing the return in excess of this by way of grants. To implement this policy, Trustees set an annual distribution ceiling of 3.5% of the Trust’s portfolio value” — page 7
Trustees
- Martin Robin Graychair
- Charles Sydney Fowle
- Charles William Smyth-Osbourne
- FIONA ELSIE TENNICK
- Flora Lyon
- Martin Anthony Cranmer Humphreys
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £458k | £763k |
| 31/07/2024 | £447k | £558k |
| 31/07/2023 | £367k | £321k |
| 31/07/2022 | £373k | £339k |
| 31/07/2021 | £352k | £361k |
Common questions
Is THORNTON-SMITH AND PLEVINS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds increased to £20,508,436, driven by significant investment gains of £1,653,877 which offset a net operational deficit. Unrestricted reserves stood at £19,438,531, providing substantial liquidity relative to the charity's annual expenditure of £763,455. The trustees report that the charity is dependent on investment income and has no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Mercer & Hole LLP.