THE PRESTON FAMILY CHARITABLE SETTLEMENT
General charitable purposes
Objects
THE OBJECTS ARE SUCH CHARITABLE PURPOSE OR PURPOSES AS THE TRUSTEES SHALL AT THEIR ABSOLUTE DISCRETION DETERMINE
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £251,136, up from £237,336 the previous year, while total expenditure of £338,570 was funded by £352,370 in income. The trustees confirm that assets are adequate to fulfil obligations and the charity is prepared on a going concern basis. No employees were engaged during the year, and all funds remain unrestricted.
What the accounts disclose
“It is the policy of the charity to maximise unrestricted funds, which are free reserves of the charity, to ensure that sufficient funds are available to cover grants and donations payable, and management and administration costs for the forseeable future.” — page 4
Policies the charity declares
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
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 05/04/2021
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 3 were received after the due date: year ending 05/04/2023 (received 17/04/2024, 72 days after the 05/02/2024 due date); year ending 05/04/2022 (received 17/02/2023, 12 days after the 05/02/2023 due date); year ending 05/04/2021 (received 10/03/2022, 33 days after the 05/02/2022 due date).
Trustees
- ANTHONY CHARLES PRESTONchair
- MR E J PRESTON
- MR M C PRESTON
- MRS J E HOPKINSON
- Margaret Preston
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £352k | £339k |
| 05/04/2024 | £0 | £30k |
| 05/04/2023 | £2k | £53k |
| 05/04/2022 | £2k | £612k |
| 05/04/2021 | £421k | £54k |
Common questions
Is THE PRESTON FAMILY CHARITABLE SETTLEMENT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased to £251,136, up from £237,336 the previous year, while total expenditure of £338,570 was funded by £352,370 in income. The trustees confirm that assets are adequate to fulfil obligations and the charity is prepared on a going concern basis. No employees were engaged during the year, and all funds remain unrestricted. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| M B FOUNDATION (ALSO KNOWN AS MOSSAD HORAV MOSHE ARYEH HALEVY) | 1 | £37k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £35k |
Charities like this
- THE FORRESTER FAMILY TRUST
- THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT
- THE EDDLESTON SETTLEMENT
- THE STEVENSON FAMILY'S CHARITABLE TRUST
- THE ATHERTON FAMILY CHARITABLE TRUST
- THE ROSTON CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PRESTON FAMILY CHARITABLE SETTLEMENT | £352k | — | 0 | above | — | no doubt |
| THE FORRESTER FAMILY TRUST | £1.2m | — | 0 | above | — | no doubt |
| THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT | £377 | — | 0 | unclear | — | no doubt |
| THE EDDLESTON SETTLEMENT | £34k | — | 0 | unclear | — | no doubt |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | £397k | — | 0 | unclear | — | no doubt |
| THE ATHERTON FAMILY CHARITABLE TRUST | £99k | — | 0 | above | — | no doubt |