THE JAGCLIF CHARITABLE TRUST
THE TRUST WILL DONATE FUNDS FOR THE BENEFIT OF A RANGE OFCHARITABLE PURPOSES AS THE TRUSTEES SEE FIT.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £72,219,766, supported by significant donation income of £31,718,702. The trustees confirm that reserves have been built up to fund future grant activities and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees ensure the Trust holds sufficient working capital for the ongoing grant commitments. Reserves have been built up to fund future grant activities.” — page 5
“During the period the Trust wrote back a grant totalling of £1,600,000 and made donations of £1,005,000 (2024: £635,000 donations made) to ARK, a UK charity of which I. G. P. Wace is a Trustee.” — page 22
“Included in concessionary loans is a balance of £2,400,000 (2024: £2,400,000), representing a loan to EdCity Office , a charity of which I.G.P. Wace is a Trustee.” — page 22
“During the period the Trust wrote back a grant totalling of £1,600,000 and made donations of £1,005,000 (2024: £635,000 donations made) to ARK, a UK charity of which I. G. P. Wace is a Trustee.” — page 22
“Included in concessionary loans is a balance of £2,400,000 (2024: £2,400,000), representing a loan to EdCity Office , a charity of which I.G.P. Wace is a Trustee.” — page 22
“During the period the Trust wrote back a grant totalling of £1,600,000 and made donations of £1,005,000 (2024: £635,000 donations made) to ARK, a UK charity of which I. G. P. Wace is a Trustee.” — page 22
“Included in concessionary loans is a balance of £2,400,000 (2024: £2,400,000), representing a loan to EdCity Office , a charity of which I.G.P. Wace is a Trustee.” — page 22
“During the period the Trust wrote back a grant totalling of £1,600,000 and made donations of £1,005,000 (2024: £635,000 donations made) to ARK, a UK charity of which I. G. P. Wace is a Trustee.” — page 22
“Included in concessionary loans is a balance of £2,400,000 (2024: £2,400,000), representing a loan to EdCity Office , a charity of which I.G.P. Wace is a Trustee.” — page 22
“In February 2020 The Jagclif Charitable Trust acquired 100% of the issued share capital of Summer Isles Enterprises Ltd, Company Number: 07210121 which is incorporated in the UK. Summer Isles Enterprises Ltd operated commercial activities” — page 17
Structured financials (annual return, FY ending 30/06/2025)
Register events
- Received assets from another charity (01/11/2017)
Trustees
- Ian Gerald Patrick Wacechair
- Claudia Alicia Wace
- Ernesto Fragomeni
- JOHN VINCENT
- Robert Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £33.0m | £21.2m |
| 30/06/2024 | £22.8m | £11.5m |
| 30/06/2023 | £16.1m | £9.6m |
| 30/06/2022 | £21.4m | £16.2m |
| 30/06/2021 | £25.1m | £10.9m |
Common questions
Is THE JAGCLIF CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £72,219,766, supported by significant donation income of £31,718,702. The trustees confirm that reserves have been built up to fund future grant activities and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TOMLINSON FAMILY CHARITABLE TRUST | 1 | £225k |
| THE JORDAN CHARITABLE FOUNDATION | 1 | £60k |
| The Brindle Foundation | 1 | £14k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £11k |
| THE HOBSON CHARITY LIMITED | 1 | £10k |
Charities like this
- THE J J CHARITABLE TRUST
- JEG TRUST LIMITED
- The Johnson Family Charitable Trust
- CLIFTON COLLEGE DEVELOPMENT TRUST
- JEWISH TRAINING ACADEMY FOR GIRLS (JTAG) LTD
- THE JG CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE JAGCLIF CHARITABLE TRUST | £33.0m | — | — | unclear | — | no doubt |
| THE J J CHARITABLE TRUST | £842k | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| JEG TRUST LIMITED | £672k | — | 0 | unclear | — | no doubt |
| The Johnson Family Charitable Trust | £199k | — | 0 | above | — | no doubt |
| CLIFTON COLLEGE DEVELOPMENT TRUST | £171k | — | 0 | below | 0.1% | no doubt |
| JEWISH TRAINING ACADEMY FOR GIRLS (JTAG) LTD | £1.1m | — | 0 | below | — | no doubt |