THE PAYBACK TIME TRUST
General Charitable Purposes. Trustees Do Not accept any unsolicited applications
Financial health, per its FY2025 accounts
The accounts state that free reserves were £17,229 at the end of the reporting period, with unrestricted bank balances of £130,779 and expendable endowment investments valued at £3,381,447. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow Trust Company Limited was paid £14,637 (2024: £9,110) for trust administration and cash management services during the year under review.”
“Ludlow Trust Company Limited was paid £14,637 (2024: £9,110) for trust administration and cash management services during the year under review. These fees are authorized under clause 13 of the trust deed.”
Trustees
- KATHLEEN BARCOCK
- Ludlow Trust Company Ltd
- Sarah Fleur Guttridge
- Stuart Andrew Barcock
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 23/03/2025 | £143k | £142k |
| 23/03/2024 | £77k | £128k |
| 23/03/2023 | £63k | £134k |
| 23/03/2022 | £104k | £129k |
| 23/03/2021 | £53k | £120k |
Common questions
Is THE PAYBACK TIME TRUST financially healthy?
Per its FY2025 accounts: The accounts state that free reserves were £17,229 at the end of the reporting period, with unrestricted bank balances of £130,779 and expendable endowment investments valued at £3,381,447. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED | 1 | £5k |
| THE LAUFFER FAMILY CHARITABLE TRUST | 1 | £5k |
Charities like this
- THE PORTO CHARITABLE TRUST
- THE AURUM CHARITABLE TRUST
- THE TOMLINSON FAMILY CHARITABLE TRUST
- THE JEANNINE VASSILIOU CHARITABLE TRUST
- THE ARDEOLA CHARITABLE TRUST
- PENINIM CHARITY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PAYBACK TIME TRUST | £143k | — | 0 | unclear | — | no doubt |
| THE PORTO CHARITABLE TRUST | £70k | — | 0 | unclear | — | no doubt |
| THE AURUM CHARITABLE TRUST | £1.8m | — | 0 | below | — | no doubt |
| THE TOMLINSON FAMILY CHARITABLE TRUST | £284k | — | 0 | below | — | no doubt |
| THE JEANNINE VASSILIOU CHARITABLE TRUST | £115k | — | 0 | unclear | — | no doubt |
| THE ARDEOLA CHARITABLE TRUST | £483k | — | 0 | below | — | no doubt |