SPUC EDUCATION AND RESEARCH TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £98,535 for the year, a significant shift from the previous year's surplus, driven by a decrease in legacy income and donations. Despite this deficit, the charity holds unrestricted reserves of £2,943,766, which the trustees consider sufficient to continue as a going concern and fund their primary activities.
What the accounts disclose
“The long-term aim of the reserves policy is therefore to achieve a level of reserves at which investment Income is sufficient to fund the work of ARCH.” — page 7
“Unlisted investments comprises a 20% equity holding in Stannary Properly Limited, a private company limited by shares incorporated in England and Wales. This investment is accounted for as an investment in an associate.” — page 27
Structured financials (annual return, FY ending 28/02/2022)
Register events
- Received assets from another charity (20/06/2023)
Trustees
- PHILLIPPA MARGARET FORSDIKE MCSPchair
- ANTHONY CHARLES MULLETT
- Christine Mary Hudson
- JOHN ANTHONY DEIGHAN LLM
- John Joseph Smeaton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £306k | £329k |
| 29/02/2024 | £262k | £783k |
| 28/02/2023 | £233k | £252k |
| 28/02/2022 | £573k | £407k |
| 28/02/2021 | £420k | £482k |
Common questions
Is SPUC EDUCATION AND RESEARCH TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £98,535 for the year, a significant shift from the previous year's surplus, driven by a decrease in legacy income and donations. Despite this deficit, the charity holds unrestricted reserves of £2,943,766, which the trustees consider sufficient to continue as a going concern and fund their primary activities. Its FY2023 accounts were audited by Knox Cropper LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £21.1m |
| JUVENILE DIABETES RESEARCH FOUNDATION LIMITED | 1 | £38k |