PAULINE MEREDITH CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that free reserves were £74,945, with additional bank balances of £96,421 and investments valued at £2,302,203 within the expendable endowment fund. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. Total funds increased from £1,365,103 to £1,376,319 over the period.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow Trust Company Limited was paid £16,738 for trust administration services during the year under review. These fees are authorised under clause 14 of the trust deed.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 11/06/2025 | £185k | £142k |
| 11/06/2024 | £95k | £134k |
| 11/03/2023 | £57k | £95k |
| 11/03/2022 | £67k | £35k |
| 11/03/2021 | £48k | £101k |
Common questions
Is PAULINE MEREDITH CHARITABLE TRUST financially healthy?
The accounts state that free reserves were £74,945, with additional bank balances of £96,421 and investments valued at £2,302,203 within the expendable endowment fund. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. Total funds increased from £1,365,103 to £1,376,319 over the period. Its FY2024 accounts were independently examined.