THE PAMELA EDMUNDSON/CONNOLLY CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Objects
THE TRUSTEES SHALL PAY OR APPLY THE INCOME OF THE PAMELA EDMUNDSON/CONNOLLY CHARITABLE TRUST WITH POWER IN ITS ABSOLUTE DISCRETION FROM TIME TO TIME TO PAY OR APPLY THE WHOLE OR ANY PART OR PARTS OF THE CAPITAL OF THE TRUST FUND TO OR FOR THE BENEFIT OF ALL OR SUCH ONE OR MORE OF THE CHARITIES (AS HEREINAFTER DEFINED) IN SUCH SHARES IF MORE THAN ONE AND IN SUCH MANNER AS THE TRUSTEES SHALL FROM TIME TO TIME IN ITS ABSOLUTE DISCRETION THINK FIT PROVIDED THAT THE TRUSTEES SHALL ALSO HAVE POWER DURING THE PERIOD OF TWENTY ONE YEARS FROM MY DEATH IF IN ITS ABSOLUTE DISCRETION IT THINKS FIT FROM TIME TO TIME TO ACCUMULATE ALL OR ANY PART OF THE INCOME OF THE PAMELA EDMUNDSON CONNOLLY CHARITABLE TRUST BY INVESTING THE SAME AND THE RESULTING INCOME THEREOF IN ANY INVESTMENTS HEREBY AUTHORISED AND ADDING THE ACCUMULATIONS TO THE CAPITAL OF THE FUND.
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £42,174 at the end of the reporting period. The trustees pursue a policy of maintaining these reserves to cover future needs, opportunities, contingencies, and risks. The charity also holds bank balances of £14,639 and investments valued at £1,196,924 within an expendable endowment fund.
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.”
“HSBC and Ludlow Trust Company Limited were paid £14,215 total for trust administration and cash management services during the year under review. Other”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 26/07/2025 | £51k | £29k |
| 05/04/2024 | £24k | £50k |
| 05/04/2023 | £23k | £16k |
| 05/04/2022 | £25k | £39k |
| 05/04/2021 | £19k | £65k |
Common questions
Is THE PAMELA EDMUNDSON/CONNOLLY CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £42,174 at the end of the reporting period. The trustees pursue a policy of maintaining these reserves to cover future needs, opportunities, contingencies, and risks. The charity also holds bank balances of £14,639 and investments valued at £1,196,924 within an expendable endowment fund. Its FY2025 accounts were independently examined.