38 DEGREES TRUST
38 Degrees Trust will make grants to other organisations in line with the Trust's objects.
Financial health, per its FY2025 accounts
The accounts state that the charity held free unrestricted reserves of £53,066 at the end of the financial year, a decrease from the previous year's £183,824. The trustees' stated policy is to maintain enough reserves to cover anticipated administrative and financial fees for twelve months. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts.
What the accounts disclose
“Our approach to financial sustainability is to maintain enough reserves to pay anticipated administrative and financial fees including audits for twelve months and to make all other monies available for grants.”
“During the year, 38 Degrees provided adminstrative services to 38 Degrees Trust, which has a trustee who is also a director or 38 Degrees. These were charged at a rate of £4,835 (2024: £4,440) in line with estimated actual costs involved.” — page 13
“Durng the year, 38 Degrees Trust made a grant to 38 Degrees of £173,500 (2024: £nil).” — page 13
“During the year, 38 Degrees provided adminstrative services to 38 Degrees Trust, which has a trustee who is also a director or 38 Degrees. These were charged at a rate of £4,835 (2024: £4,440) in line with estimated actual costs involved.” — page 13
“Durng the year, 38 Degrees Trust made a grant to 38 Degrees of £173,500 (2024: £nil).” — page 13
Trustees
- BENEDICT SOUTHWORTHchair
- Andrew Croxford
- PETER TYSON
- WARREN PUCKETT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £53k | £184k |
| 30/09/2024 | £133k | £9k |
| 30/09/2023 | £106k | £69k |
| 30/09/2022 | £2k | £1k |
| 30/09/2021 | £2k | £2k |
Common questions
Is 38 DEGREES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free unrestricted reserves of £53,066 at the end of the financial year, a decrease from the previous year's £183,824. The trustees' stated policy is to maintain enough reserves to cover anticipated administrative and financial fees for twelve months. The independent examiner confirmed that no material matters came to their attention during the examination of the accounts. Its FY2025 accounts were independently examined.
Who funds 38 DEGREES TRUST?
Funders whose own accounts filings name 38 DEGREES TRUST as a grant recipient include This Day Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| This Day Foundation | FY2024 | £380k | |
| This Day Foundation | FY2025 | £212k |