LET YOURSELF TRUST
Establishing itself around Martyn Joseph?s [www.MartynJoseph.net] formidable music career and years of humanitarian work, Let Yourself Trust is a non-profit organization that provides funding for and informs on a wide variety of projects and justice movements both abroad and home. 2014 marks LYT's first two projects - the Alrowwad Children's Theatre in Palestine, and Project Somos in Guatemala.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the period with unrestricted reserves of £40,395, which the trustees confirm remained within their stated target range of £8,000 to £15,000. The financial review notes a surplus driven by sustainable income from over 500 monthly donors, allowing for increased charitable expenditure. No material uncertainties or going concern issues were identified.
What the accounts disclose
“As a general principle, they consider that Let Yourself Trust should maintain a minimum of £8,000 to maximum of £15,000 in reserves between six months of budgeted expenditure.”
Trustees
- REV ROGER OLDFIELD CANONchair
- Andrew Davies
- CLARE HARRIS
- Gill Hewitt
- RUTH OLDFIELD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £120k | £113k |
| 29/02/2024 | £108k | £131k |
| 28/02/2023 | £122k | £119k |
| 01/03/2022 | £109k | £112k |
| 01/03/2021 | £129k | £113k |
Common questions
Is LET YOURSELF TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the period with unrestricted reserves of £40,395, which the trustees confirm remained within their stated target range of £8,000 to £15,000. The financial review notes a surplus driven by sustainable income from over 500 monthly donors, allowing for increased charitable expenditure. No material uncertainties or going concern issues were identified. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRONTLINE TRUST | 1 | £122k |
| OSMANI TRUST | 1 | £96k |
| THE STEVE MORGAN FOUNDATION | 1 | £70k |
| THE ESSEX AND SOUTHEND SPORTS TRUST | 1 | £50k |
| The Portal Trust | 1 | £40k |
| EAST END COMMUNITY FOUNDATION | 1 | £11k |
| SIR HARRY PILKINGTON FUND | 1 | £2k |
| SKELTON BOUNTY | 1 | £2k |
Charities like this
- LONDON YOUTH SPORTS TRUST LIMITED
- THE LETCHWORTH CIVIC TRUST
- HELP YATEEM TRUST
- TRUST LEEDS
- TE TRUST
- LEYTON ORIENT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LET YOURSELF TRUST | £120k | — | 0 | above | — | no doubt |
| LONDON YOUTH SPORTS TRUST LIMITED | £199k | — | 0 | above | — | no doubt |
| THE LETCHWORTH CIVIC TRUST | £129k | — | 0 | above | — | no doubt |
| HELP YATEEM TRUST | £389k | — | 0 | below | — | no doubt |
| TRUST LEEDS | £119k | Under £60,000 | 0 | within | — | no doubt |
| TE TRUST | £226k | — | 0 | unclear | — | no doubt |