GESS CHARITABLE TRUST
To apply the charity's income for the benefit of exclusively charitable purposes, and to make donations to charitable institutions, at the discretion of the trustees.
Objects
THE OBJECTS OF THE CHARITY ARE TO APPLY THE INCOME, AND SUCH PART OR PARTS OF THE CAPITAL, TO OR FOR THE BENEFIT OF SUCH EXCLUSIVELY CHARITABLE PURPOSES, AND TO MAKE DONATIONS TO SUCH CHARITABLE INSTITUTIONS, AT SUCH TIMES AND IN SUCH MANNER AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the Trust held unrestricted reserves of £33,732 at the end of the financial year, derived from a bank balance of £33,763. The Trust received £25,000 in donations and paid £23,882 in charitable donations, resulting in a positive excess of receipts over payments. The Trustees are satisfied that the financial statements comply with regulatory requirements and the Trust Deed.
What the accounts disclose
“The Trust received donations of £25,000.” — page 3
“It is the Trustees’ objective that the Trust should maintain a positive level of reserves at all times.” — page 3
“The Trustees are members of the Seligman Family.” — page 4
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Risk management
Trustees
- GEORGE EDWARD SPENCER SELIGMANchair
- Mark Donald SELIGMAN
- VERONIQUE SYBILLE SELIGMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £31k | £24k |
| 05/04/2024 | £36k | £35k |
| 05/04/2023 | £20k | £26k |
| 05/04/2022 | £25k | £34k |
| 05/04/2021 | £20k | £33k |
Common questions
Is GESS CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust held unrestricted reserves of £33,732 at the end of the financial year, derived from a bank balance of £33,763. The Trust received £25,000 in donations and paid £23,882 in charitable donations, resulting in a positive excess of receipts over payments. The Trustees are satisfied that the financial statements comply with regulatory requirements and the Trust Deed. Its FY2025 accounts were independently examined.