THE CUNMONT CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £7,115,018, a significant increase from the prior year's £6,140,261, driven largely by investment gains. The trustees note that this accumulated surplus provides surety for future grant-making even if income reduces. The charity reported a net movement in funds of £974,757 for the year ended 31 March 2024.
What the accounts disclose
“The unrestricted reserves at 31 March 2024 were £7,115,018 (2023: £6,140,261). The Trustees review the level of grants issued regularly and the accumulated surplus is intended to provide surety that in the event of a reduction in income generated the Trust would still be able to make grants.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALEXANDER JAMES CALLANDERchair
- Edward James Callander
- Elizabeth Louise Callander
- TC TRUSTCO LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.4m | £120k |
| 31/03/2024 | £206k | £8k |
| 31/03/2023 | £301k | £173k |
| 31/03/2022 | £2.3m | £47k |
| 31/03/2021 | £76k | £49k |
Common questions
Is THE CUNMONT CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves stood at £7,115,018, a significant increase from the prior year's £6,140,261, driven largely by investment gains. The trustees note that this accumulated surplus provides surety for future grant-making even if income reduces. The charity reported a net movement in funds of £974,757 for the year ended 31 March 2024. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SAMJO LIMITED | 1 | £904k |
| MOLE CHARITABLE TRUST | 1 | £95k |