THE GERALD CURGENVEN WILL TRUST
The objects of the charity are to raise income for its income beneficiary, Marlborough College, a charity registered with charity number 309486, and to preserve the capital for general charitable purposes.
Objects
THE OBJECTS OF THE CHARITY ARE TO 1.RAISE INCOME FOR ITS INCOME BENEFICIARY, MARLBOROUGH COLLEGE, A CHARITY REGISTERED WITH CHARITY NUMBER 309486; AND 2.TO PRESERVE THE CAPITAL FOR GENERAL CHARITABLE PURPOSES.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £119,240 for the year ended 31 December 2024, resulting in total unrestricted funds carried forward of £3,272,681. The trustees acknowledge a reserves policy of holding three to six months of expenditure, noting that current funds exceed this target as they plan to distribute surplus capital to other charities in the coming years.
What the accounts disclose
“The trustees acknowledge that the Trust only requires three to six months of expenditure to be held as reserves.” — page 3
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
In the news
Trustees
- Rebecca Perry
- SARAH ANN GAY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £143k | £24k |
| 31/12/2023 | £163k | £10.2m |
| 31/12/2022 | £252k | £292k |
| 31/12/2021 | £250k | £141k |
| 31/12/2020 | £273k | £193k |
Common questions
Is THE GERALD CURGENVEN WILL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income of £119,240 for the year ended 31 December 2024, resulting in total unrestricted funds carried forward of £3,272,681. The trustees acknowledge a reserves policy of holding three to six months of expenditure, noting that current funds exceed this target as they plan to distribute surplus capital to other charities in the coming years. Its FY2024 accounts were audited by Simpkins Edwards Audit LLP.