JOHN JACKSON CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £96,763 at the year end, which is above the trustees' stated policy target of £60,000. The trust reported a net movement in funds of a loss of £138,633 for the year, driven by investment revaluations and grant expenditures, but maintains a substantial permanent endowment fund valued at over £18 million.
What the accounts disclose
“It is the policy of the trustees that an unrestricted reserve will be held of £60,000, approximately two months’ gross rent from the investment properties, to enable the trust to meet sudden and unforeseen repairs becoming necessary on those properties, such as storm damage, and to enable continuity of grant funding in the event of fluctuations of income.” — page 6
“In accordance with the specific authority in the Will of the late John Alan Jackson the trustees may charge their usual professional charges for time spent in the administration of the charitable trust. Note 21 discloses the amounts charged.” — page 27
“The investment properties (all freehold) were valued on 5 April 2024 by Leaper Stanbrook Ltd, Estate Agents, of which one of the trustees is a director, on an open market basis.” — page 29
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- MR C P FREEMANchair
- ANDREW JONATHAN LEAPER
- MARGARET SUSAN DOWNEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £557k | £607k |
| 05/04/2024 | £522k | £595k |
| 05/04/2023 | £475k | £464k |
| 05/04/2022 | £465k | £343k |
| 05/04/2021 | £440k | £513k |
Common questions
Is JOHN JACKSON CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves were £96,763 at the year end, which is above the trustees' stated policy target of £60,000. The trust reported a net movement in funds of a loss of £138,633 for the year, driven by investment revaluations and grant expenditures, but maintains a substantial permanent endowment fund valued at over £18 million. Its FY2024 accounts were audited by Manningtons.