THE FARRER FAMILY TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £55,998 for the year ended 31 March 2024, resulting in total unrestricted funds of £4,766,216. The trustees consider the cash reserves of £282,204 to be adequate for the running of the charity, with the majority of funds held in investment property. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The reserves policy of the Trustees is to ensure that the Charity safely commits as much as possible to furthering its objects whilst retaining financial stability and the potential to respond to new opportunities. At the balance sheet date there was £282,204 in cash reserves which the Trustees consider to be adequate for the running of the charity” — page 5
Trustees
- Lord Mark Thomas Bridges KCVOchair
- Beatrice Hope Farrer
- JOHN PHILIP WILLIAM FARRER
- Maria Jane Margaret Farrer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £282k | £148k |
| 31/03/2024 | £230k | £174k |
| 31/03/2023 | £214k | £222k |
| 31/03/2022 | £199k | £82k |
| 31/03/2021 | £184k | £178k |
Common questions
Is THE FARRER FAMILY TRUST financially healthy?
The accounts state that the charity reported a net income of £55,998 for the year ended 31 March 2024, resulting in total unrestricted funds of £4,766,216. The trustees consider the cash reserves of £282,204 to be adequate for the running of the charity, with the majority of funds held in investment property. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £10k |