James Tuttiett Charitable Trust
Financial health, per its FY2023 accounts
The accounts state that total unrestricted funds increased to £4,099,550, with cash reserves of £679,979. The trustees consider this level of reserves appropriate given the nature of the income, which is derived from donations and investments. The audit report confirms the financial statements give a true and fair view and identifies no material uncertainties regarding going concern.
What the accounts disclose
“During the year a donation of £254,000 (2021: £502,000) was received, without restrictions, from a company in which a trustee is a director. During the year dividends of £14,589 (2021: £13,380) were received, without restrictions, from a company in which a trustee is a director.” — page 23
Structured financials (annual return, FY ending 31/10/2021)
Trustees
- AMELIA TUTTIETT
- JAMES TUTTIETT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £364k | £58k |
| 31/10/2023 | £354k | £97k |
| 31/10/2022 | £354k | £112k |
| 31/10/2021 | £586k | £58k |
| 31/10/2020 | £326k | £41k |
Common questions
Is James Tuttiett Charitable Trust financially healthy?
The accounts state that total unrestricted funds increased to £4,099,550, with cash reserves of £679,979. The trustees consider this level of reserves appropriate given the nature of the income, which is derived from donations and investments. The audit report confirms the financial statements give a true and fair view and identifies no material uncertainties regarding going concern. Its FY2023 accounts were audited by Harris & Trotter LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KAHAL IMREI CHAIM LIMITED | 1 | £12k |