THE PEARSON-YOUNG MEMORIAL TRUST
Making grants to fund Students
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £182,349.66, which the Trustees regard as the reserve for grant-making purposes. The charity is dependent on its investment portfolio for regular income and operates in a low-risk environment by not entering into commitments exceeding available cash resources.
What the accounts disclose
“Investment income 4 63,255.96 - 63,255.96 61,340” — page 7
“During the year £7,110 (2024: £9,036) was paid to Broadfield Law UK LLP (formerly BDB Pitmans LLP) for administration fees, of which Alastair Collett (Trustee) is a partner of the firm.” — page 12
Trustees
- ALASTAIR COLLETT LLB
- JOHN CALVERT GRIFFITHS QC CMG
- Jemima Jane Waller
- MARIE CHARLOTTE GRIFFITHS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £77k | £31k |
| 05/04/2024 | £67k | £48k |
| 05/04/2023 | £58k | £83k |
| 05/04/2022 | £58k | £17k |
| 05/04/2021 | £49k | £7k |
Common questions
Is THE PEARSON-YOUNG MEMORIAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £182,349.66, which the Trustees regard as the reserve for grant-making purposes. The charity is dependent on its investment portfolio for regular income and operates in a low-risk environment by not entering into commitments exceeding available cash resources. Its FY2025 accounts were independently examined.