THREE MONKIES TRUST
We aim to support charities operating primarily in England welcomes applications from small to medium-sized charities with an annual income of less than £500,000.The Charity focuses on 3 main areas:- Promoting the advancement and accessibility of music and the arts- Helping children and young people under 25- Supporting London-based charities to provide accommodation for key workers.
Objects
THE OBJECTS OF THE CIO ARE SPECIFICALLY RESTRICTED TO SUCH OBJECTS OR PURPOSES WHICH ARE RECOGNISED AS EXCLUSIVELY CHARITABLE UNDER THE LAW OF ENGLAND AND WALES.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £11,490,842, which the trustees regard as free reserves to be retained for grant-making. The auditor confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations.
What the accounts disclose
“Incoming resources totalled £2,512 (2024: £307) and comprised of investment income and bank interest.” — page 6
“During the year, the charity committed £150,000 (2024: £145,000) to Sadler’s Wells Trust Limited, in which one of the trustees, Nigel Paul Higgins, is Chairman.” — page 19
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- 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 31/03/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANNA IMOGEN HIGGINS
- ANTON EDGAR HIGGINS
- MAJA NATASHA HIGGINS
- NIGEL HIGGINS
- SANYA POLESCUK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £11.8m | £335k |
| 31/03/2024 | £307 | £340k |
| 31/03/2023 | £6k | £427k |
| 31/03/2022 | £0 | £301k |
| 31/03/2021 | £0 | £285k |
Common questions
Is THREE MONKIES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £11,490,842, which the trustees regard as free reserves to be retained for grant-making. The auditor confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations. Its FY2025 accounts were audited by Martlet Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KING'S COLLEGE HOSPITAL CHARITY | 1 | £100k |
| THE CROSS TRUST | 1 | £50k |
| THE HOWARD FOUNDATION | 1 | £30k |
| NORFOLK COMMUNITY FOUNDATION | 1 | £20k |
| THE SOLA TRUST | 1 | £11k |
| THE DEO GLORIA TRUST | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE, WIMBLEDON PARK | 1 | £6k |
Charities like this
- MONDAY CHARITABLE TRUST
- THE 3 TS CHARITABLE TRUST
- Trinity Church Central London
- FUTURE
- THE J C ROBINSON TRUST NO 3
- THE TRINITY PARISH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THREE MONKIES TRUST | £11.8m | — | 0 | unclear | — | no doubt |
| MONDAY CHARITABLE TRUST | £4.1m | — | 0 | unclear | — | no doubt |
| THE 3 TS CHARITABLE TRUST | £1.5m | — | 0 | above | — | no doubt |
| Trinity Church Central London | £299k | £61,882.09 | — | unclear | — | no doubt |
| FUTURE | £268k | — | 0 | above | — | no doubt |
| THE J C ROBINSON TRUST NO 3 | £27k | — | 0 | unclear | — | no doubt |