THE CHESS TRUST
Provision of grants to organisations and individuals for the development of the playing of chess
Objects
THE OBJECTS OF THE CIO ARE:1. THE ADVANCEMENT OF AMATEUR SPORT BY PROMOTING THE STUDY AND PRACTICE OF CHESS IN ALL ITS FORMS, PRINCIPALLY, BUT NOT EXCLUSIVELY, FOR THE BENEFIT OF THE RESIDENTS OF ENGLAND; AND 2. THE ADVANCEMENT OF EDUCATION BY PROMOTING THE DEVELOPMENT OF YOUNG PEOPLE THROUGH THE TEACHING AND PRACTICE OF CHESS.
Financial health, per its FY2025 accounts
The charity holds total funds of £790,017, comprising £639,880 in restricted reserves and £150,137 in unrestricted reserves. Although the charity reported a net expenditure of £30,715 for the year, it maintains adequate liquid funds to meet planned expenditure over the forthcoming years. The accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/08/2023
- Grant-making is its main activity
Register events
- Received assets from another charity (18/01/2020)
- Received assets from another charity (11/01/2020)
Trustees
- Adam Gerard Ashton
- Alexander Longson
- DAVID STANLEY WILLIAM EUSTACE
- Dr Stephen Greep
- Evgeny Kornilovich
- MICHAEL CYRIL TRURAN
- Malcolm Bernard Pein
- Richard James Walsh
- Sarah Natasha Longson
- Simon David Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £27k | £105k |
| 31/08/2024 | £17k | £99k |
| 31/08/2023 | £60k | £86k |
| 31/08/2022 | £190k | £92k |
| 31/08/2021 | £12k | £63k |
Common questions
Is THE CHESS TRUST financially healthy?
Per its FY2025 accounts: The charity holds total funds of £790,017, comprising £639,880 in restricted reserves and £150,137 in unrestricted reserves. Although the charity reported a net expenditure of £30,715 for the year, it maintains adequate liquid funds to meet planned expenditure over the forthcoming years. The accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MACDONALD-BUCHANAN CHARITABLE TRUST | 1 | £145k |
| KUSUMA TRUST UK | 1 | £50k |
| THE ORP FOUNDATION | 1 | £48k |
| THE ANGUS LAWSON MEMORIAL TRUST | 1 | £41k |
| The Jones Community and Education Trust | 1 | £20k |
| The Portal Trust | 1 | £20k |
| VENDQUOT LIMITED | 1 | £6k |
| THE WOODWARD CHARITABLE TRUST | 1 | £5k |
Charities like this
- THE FORT TRUST
- CHESS IN SCHOOLS AND COMMUNITIES
- BUCKS COUNTY TENNIS
- THE SHAAREI CHESED TRUST
- THE GOODENOUGH CHARITABLE TRUST
- THE HOMESTEAD CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHESS TRUST | £27k | — | 0 | unclear | — | no doubt |
| THE FORT TRUST | £29k | — | 0 | above | — | no doubt |
| CHESS IN SCHOOLS AND COMMUNITIES | £2.0m | — | — | unclear | — | no doubt |
| BUCKS COUNTY TENNIS | £196k | — | 0 | unclear | — | no doubt |
| THE SHAAREI CHESED TRUST | £161k | — | 0 | unclear | — | no doubt |
| THE GOODENOUGH CHARITABLE TRUST | £50k | — | 0 | unclear | — | no doubt |