THE ASHLA CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity held free reserves of £30,970 and unrestricted bank balances of £53,459 at the end of the reporting period. The charity also holds an expendable endowment fund valued at £2,640,945, which can be released to support its activities. The independent examiner confirmed that no material matters were identified that would cast doubt on the accounts or the keeping of accounting records.
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 £14,205 (2023 - £14,726) for trust administration services and £138 for cash management fees (2023: £133) during the year under review. These fees are authorised under clause 6 of the trust deed.”
Trustees
- Catherine Elizabeth Oldridge-Turner
- LUDLOW TRUST CO LTD
- MARGARET ROSE MARY TURNER
- REBECCA TURNER-JONES
- RICHARD TIMMIS TURNER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/10/2025 | £103k | £98k |
| 30/10/2024 | £66k | £56k |
| 30/10/2023 | £49k | £185k |
| 30/10/2022 | £102k | £94k |
| 30/10/2021 | £59k | £65k |
Common questions
Is THE ASHLA CHARITABLE TRUST financially healthy?
The accounts state that the charity held free reserves of £30,970 and unrestricted bank balances of £53,459 at the end of the reporting period. The charity also holds an expendable endowment fund valued at £2,640,945, which can be released to support its activities. The independent examiner confirmed that no material matters were identified that would cast doubt on the accounts or the keeping of accounting records. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DEO GLORIA TRUST | 1 | £4k |