THE PINECONE TRUST
THE CHARITY PROVIDES FINANCIAL OR OTHER ASSISTANCE TO YOUNG PEOPLE BETWEEN THE AGES OF 16 AND 25 WHO RESIDE IN THE COUNTIES OF MERSEYSIDE, LANCASHIRE OR CUMBRIA TO ENABLE THEM TO SECURE EDUCATION OR TRAINING WITH A VIEW TO GAINFUL EMPLOYMENT OR SELF-EMPLOYMENT.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £727,736 to £719,847 due to a net expenditure of £7,889, driven by grants of £19,199 and investment management costs. The charity maintains a reserves policy target of not less than £500,000, and its actual unrestricted reserves of £719,847 remain well above this threshold. The independent examiner confirmed that no material matters came to attention regarding the accounts or accounting records.
What the accounts disclose
“The Trust aim to maintain the reserves at not less than £500,000.” — page 3
Trustees
- ROB ALTHAMchair
- Alexandra Chialton
- MARTIN JOSEPH REID
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £31k | £26k |
| 31/03/2024 | £23k | £46k |
| 31/03/2023 | £33k | £34k |
| 31/03/2022 | £28k | £27k |
| 31/03/2021 | £41k | £28k |
Common questions
Is THE PINECONE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased from £727,736 to £719,847 due to a net expenditure of £7,889, driven by grants of £19,199 and investment management costs. The charity maintains a reserves policy target of not less than £500,000, and its actual unrestricted reserves of £719,847 remain well above this threshold. The independent examiner confirmed that no material matters came to attention regarding the accounts or accounting records. Its FY2025 accounts were independently examined.