THE CHERITH TRUST
We provide care and a pastoral-style ministry and befriending services to elderly and frail persons. We have made regular visits to elderly persons in the area of the West Midlands known as the Black Country. The Cherith House provides a range of fellowship and hospitality functions.
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a very small deficit of £64, effectively achieving a break-even position, with total unrestricted funds of £567,783. The trustees consider reserves adequate to meet operating expenditure as it falls due and maintain that sufficient reserves remain to support ongoing activities. The charity is not dependent on any specific future funding source to continue operations, as confirmed by the going concern statement.
What the accounts disclose
“The Trustees' reserves policy is to retain sufficient reserves to ensure the charity can meet its operating expenditure as it falls due.” — page 5
“During the year, relatives of trustees were employed by The Cherith Trust. Their employments are on normal commercial terms and their salaries are commensurate with their duties, and are set by an independent group of trustees.” — page 17
Corporate structure
- Registered company of the charity Companies House 08008192 · Financial health read from its filings
Company officers (Companies House)
- COLE, Andrew Timothy on trustee list
- FIELD, Lydia Christine on trustee list
- MANSELL, David Kenneth on trustee list
- HAYWARD, Thomas James on trustee list
- SHELDON, Neil on trustee list
- SHELDON, Benjamin Paul not on trustee list
- STONELAKE, Paul Simeon on trustee list
- HICKMAN, Paul Ernest on trustee list
- MARTIN, Marcus James on trustee list
- SHELDON, Benjamin Paul
Register events
- Received assets from another charity (11/07/2012)
Trustees
- Andrew Timothy Cole
- David Kenneth Mansell
- Lydia Christine Field
- MARCUS JAMES MARTIN
- MR Ben Sheldon
- Neil Sheldon
- PAUL ERNEST HICKMAN
- PAUL SIMEON STONELAKE
- Rev Thomas James Hayward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £41k | £57k |
| 05/04/2024 | £92k | £44k |
| 05/04/2023 | £31k | £42k |
| 05/04/2022 | £24k | £40k |
| 05/04/2021 | £18k | £34k |
Common questions
Is THE CHERITH TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a very small deficit of £64, effectively achieving a break-even position, with total unrestricted funds of £567,783. The trustees consider reserves adequate to meet operating expenditure as it falls due and maintain that sufficient reserves remain to support ongoing activities. The charity is not dependent on any specific future funding source to continue operations, as confirmed by the going concern statement. Its FY2025 accounts were independently examined.