THE KERUSSO TRUST
Financial health, per its FY2024 accounts
The accounts state that total income was £123,234 against total expenditure of £125,982, resulting in a net expenditure for the year. The trustees report that cash reserves of £61,763 represent a healthy level to meet ongoing commitments, supported by a reserves policy aiming to hold three months of committed charitable activities. The charity holds significant unrestricted net assets of £990,249, primarily in an expendable endowment fund comprising a revalued property.
What the accounts disclose
“They aim to carry sufficient general unrestricted reserves in cash to meet the committed charitable activities for three months”
Trustees
- Rev Andrew Paul Hayeschair
- Christine Elizabeth Partridge
- Dr JONATHAN DAVID GROVES
- Professor Jonathan Paul Stephens MBE
- RUTH GROVES
- Rev Andrew Robert Rollinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £166k | £171k |
| 31/12/2024 | £123k | £126k |
| 31/12/2023 | £113k | £122k |
| 31/12/2022 | £109k | £101k |
| 31/12/2021 | £95k | £75k |
Common questions
Is THE KERUSSO TRUST financially healthy?
The accounts state that total income was £123,234 against total expenditure of £125,982, resulting in a net expenditure for the year. The trustees report that cash reserves of £61,763 represent a healthy level to meet ongoing commitments, supported by a reserves policy aiming to hold three months of committed charitable activities. The charity holds significant unrestricted net assets of £990,249, primarily in an expendable endowment fund comprising a revalued property. Its FY2024 accounts were independently examined.
Who funds THE KERUSSO TRUST?
Funders whose own accounts filings name THE KERUSSO TRUST as a grant recipient include WALLINGFORD BAPTIST CHURCH.
Known funders
| Funder | Year | Amount |
|---|---|---|
| WALLINGFORD BAPTIST CHURCH | FY2023 | £4k |
| WALLINGFORD BAPTIST CHURCH | FY2022 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £10k |
| W F SOUTHALL TRUST | 1 | £3k |
| THE CARMELA & RONNIE PIGNATELLI FOUNDATION | 1 | £3k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PHILIP, TUNBRIDGE WELLS | 1 | £1k |
| SUTTON CHRISTIAN CENTRE TRUST | 1 | £600 |