THE BROWN SOURCE TRUST
Financial health, per its FY2024 accounts
The accounts state that free reserves were £5,919 at the end of the reporting period, with additional bank balances of £116,962 and investments valued at £853,875 within the endowment fund. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or accounting records.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow received £7,994 for trust administration services during the year under review. These fees are authorised under clause 13 of the trust deed.”
“Ludlow received £7,994 for trust administration services during the year under review. These fees are authorised under clause 13 of the trust deed.”
Trustees
- Alan John Brownchair
- CHLOE JOANNA NOBLE
- HANNAH LOUISE BROWN
- HARRY WILLIAM BROWN
- Jack Robert Brown
- Ludlow Trust Company Ltd
- NICOLA SUSAN BROWN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 21/11/2025 | £120k | £109k |
| 21/11/2024 | £89k | £92k |
| 21/11/2023 | £23k | £104k |
| 21/11/2022 | £125k | £132k |
| 21/11/2021 | £72k | £84k |
Common questions
Is THE BROWN SOURCE TRUST financially healthy?
The accounts state that free reserves were £5,919 at the end of the reporting period, with additional bank balances of £116,962 and investments valued at £853,875 within the endowment fund. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or accounting records. Its FY2024 accounts were independently examined.