THE NISBET TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £586,179 for the year, resulting in unrestricted reserves falling to £926,412 from £1,512,591 in the previous year. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors.
What the accounts disclose
“The charity received donations in the year of £2,500,000 (2023: £2,500,000) from Key West (Holdings) Ltd. Mr A Nisbet, Mrs A M Nisbet, Mr J P Nisbet and Miss E R Nisbet are directors and shareholders of that company.” — page 20
“The charity awarded grants of £nil (2023: £265,000) to The Bristol Music Trust. Mr A Nisbet is a former trustee of this charity.” — page 20
“The charity received donations in the year of £2,500,000 (2023: £2,500,000) from Key West (Holdings) Ltd. Mr A Nisbet, Mrs A M Nisbet, Mr J P Nisbet and Miss E R Nisbet are directors and shareholders of that company.” — page 20
“The charity awarded grants of £nil (2023: £265,000) to The Bristol Music Trust. Mr A Nisbet is a former trustee of this charity.” — page 20
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ANDREW NISBETchair
- ANNE MARIE NISBET
- EMILY ROSE NISBET
- Henry Louis Michael Bothamley
- JOSEPH NISBET
- ZOE JULIE JOYNER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.5m | £3.1m |
| 31/12/2023 | £2.5m | £2.1m |
| 31/12/2022 | £2.0m | £1.7m |
| 31/12/2021 | £1.5m | £1.4m |
| 31/12/2020 | £404k | £1.4m |
Common questions
Is THE NISBET TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £586,179 for the year, resulting in unrestricted reserves falling to £926,412 from £1,512,591 in the previous year. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified by the auditors. Its FY2024 accounts were audited by Simpkins Edwards Audit LLP.
Who funds THE NISBET TRUST?
Funders whose own accounts filings name THE NISBET TRUST as a grant recipient include UNSEEN (UK).
Known funders
| Funder | Year | Amount |
|---|---|---|
| UNSEEN (UK) | FY2025 | £15k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SF FOUNDATION | 1 | £445k |
| GERSON BERGER ASSOCIATION LIMITED | 1 | £105k |
| OLLINGHAM LIMITED | 1 | £100k |
| FRIENDS OF WMSBG-KOLEL DAMESEK ELIEZER | 1 | £100k |
| ARDINA LIMITED | 1 | £98k |
| RNH SYNAGOGUE & COLLEGE LTD | 1 | £75k |
| YESBE LIMITED | 1 | £68k |
| Y G S YESHIVA GEDOLA SEMINAR | 1 | £59k |