THE VASEPPI TRUST

Registered charity 1139619 · accounts filings on the Charity Commission register

Grants are made to support a variety of organisations and charities, particularly in the areas of arts and education.

Objects

1 SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE PUBLIC AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT2 THE TRUSTEES SHALL PAY OR APPLY OR CAUSE TO BE PAID OR APPLIED AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES SHALL IN THEIR DISCRETION THINK FIT THE INCOME AND IF AND IN SO FAR AS THE TRUSTEES SHALL THINK FIT THE CAPITAL OF THE TRUST IN PROMOTING THE OBJECTS3 THE TRUSTEES MAY AT THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF 21 YEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE TRUST IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME BY INVESTING THE SAME AND THE RESULTING INCOME AND HOLD THE SAME AS PART OF THE CAPITAL OF THE TRUST 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 TRUST ARISING IN THE THEN CURRENT YEAR

Area of benefit: UNDEFINED.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · Grant history (this charity is a funder) · Get email alerts

Registered contact address: Kensington and Chelsea, London, England (from the postcode on the register)

Latest income

£106k

Latest spending

£376k

Registered

2010

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted funds of £7,899,507, derived primarily from investment returns and donations. The trustees consider this amount an appropriate base for future grant-making, noting that the funds are effectively an expendable endowment under the trust deed. The charity reported a net income increase to £263,206 for the year ended 31 December 2025.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy

“The Trustees consider that the unrestricted funds of £7,909,107 provide an appropriate base from which capital appreciation should ensure that grant-making can continue in line with the Trustees' objectives.”

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Robert Cope is a director of Globe12 Ltd, which manages the Cypanga SICAV Focus fund. The Charity invested in this fund during the year, but there were no management fees paid to Globe12 during 2025. His voluntary time for overseeing the management of the investments has not been included in the financial statements.

“Robert Cope is a director of Globe12 Ltd, which manages the Cypanga SICAV Focus fund. The Charity invested in this fund during the year, but there were no management fees paid to Globe12 during 2025. His voluntary time for overseeing the management of the investments has not been included in the financial statements.” — page 15

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Year-over-year changes

Reserves position vs the charity's own policy moved from "within" (FY2024) to "below" (FY2025).

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Conflicting interests
Financial reserves policy and procedures
Investing charity funds policy and procedures
Investment

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2024

Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2023

Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

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 31/12/2024 (received 10/11/2025, 10 days after the 31/10/2025 due date).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

Trustees · trustee networks

Robert Cope · trustee of 1 other charity
SIRI ALEXANDRA PERTWEE COPE
THOMAS CYRUS FUSSELL

Trustee list from the Charity Commission register (current, not historical).

Operates in: Italy · Philippines · Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2025	£106k	£376k
31/12/2024	£174k	£416k
31/12/2023	£111k	£366k
31/12/2022	£7k	£249k
31/12/2021	£5k	£206k

Common questions

Is THE VASEPPI TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £7,899,507, derived primarily from investment returns and donations. The trustees consider this amount an appropriate base for future grant-making, noting that the funds are effectively an expendable endowment under the trust deed. The charity reported a net income increase to £263,206 for the year ended 31 December 2025. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
FRANCIS C SCOTT CHARITABLE TRUST	1	£94k
THE HADFIELD CHARITABLE TRUST	1	£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE VANNECK CHARITABLE TRUST.

THE VANNECK CHARITABLE TRUST income £70k
THE P T C TRUST income £55k
WALNEY COMMUNITY TRUST income £180k
JRM TRUST income £50k
THE VENIK TRUST income £938k
ROMODHAM TRUST income £53k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
THE VASEPPI TRUST	£106k	—	below	—	no doubt
THE VANNECK CHARITABLE TRUST FY2026	£70k	—	unclear	—	no doubt
THE P T C TRUST FY2025	£55k	—	unclear	—	no doubt
WALNEY COMMUNITY TRUST FY2025	£180k	—	unclear	—	noted
JRM TRUST FY2025	£50k	—	unclear	—	no doubt
THE VENIK TRUST FY2025	£938k	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.