THE PETER AND TERESA HARRIS CHARITABLE TRUST
The trust's objects are namely charitable purposes for the public benefit as are exclusively charitable according to theLaws of England and Wales as the Trustees may from time to time determine. The policies adopted in furtherance ofthese objects are to make grants.
Financial health, per its FY2025 accounts
The accounts state that the Trust reported a net deficit of £143,463 for the year ended 5 April 2025, driven by a loss on investments of £97,225 and charitable expenditure exceeding investment income. Despite this deficit, total unrestricted and endowment funds remain substantial at £2,744,557, and the Trustees consider current reserves adequate to sustain ongoing grant-making activities.
What the accounts disclose
“The Trust does not fundraise and its income is comprised wholly of income arising on the Trust's investment portfolio” — page 4
“During the year grants were made to charities totalling £32,580 (2024: £20,000) where the two charities share common trustees.” — page 14
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £83k | £129k |
| 05/04/2024 | £79k | £123k |
| 05/04/2023 | £67k | £71k |
| 05/04/2022 | £57k | £114k |
| 05/04/2021 | £41k | £138k |
Common questions
Is THE PETER AND TERESA HARRIS CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust reported a net deficit of £143,463 for the year ended 5 April 2025, driven by a loss on investments of £97,225 and charitable expenditure exceeding investment income. Despite this deficit, total unrestricted and endowment funds remain substantial at £2,744,557, and the Trustees consider current reserves adequate to sustain ongoing grant-making activities. Its FY2025 accounts were independently examined.