THE JOSEPH AND FRANCES CLARK TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £297,845, which the trustees note equates to around one year's expenditure. The charity reported a net income of £466,655 for the year, driven by significant government grants and investment income, although this was offset by an unrealised loss on unlisted investments. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“At the end of the financial year, reserves were £3,056,801 (2023: £2,590,146), of which £297,845 are free reserves (2023: £504,421). This equates to around 1 year's expenditure.”
“The charity received the gift of an investment property worth £1,075,000 and land worth £45,000 in the current year from the Nathan Clark 1984 Charitable Settlement. They also received a donation of £350,000 in the prior year from the same charity. Richard Clark is a trustee of both charities.” — page 26
Structured financials (annual return, FY ending 05/04/2024)
Register events
- Received assets from another charity (30/01/2025)
Trustees
- WILLIAM ROGER CLARKchair
- ALICE HELENA WAKEFORD
- SIBELLA MARGARETHA PEDDER
- WILLIAM BANCROFT PEDDER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £197k | £324k |
| 05/04/2024 | £1.3m | £348k |
| 05/04/2023 | £469k | £191k |
| 05/04/2022 | £85k | £164k |
| 05/04/2021 | £40k | £201k |
Common questions
Is THE JOSEPH AND FRANCES CLARK TRUST financially healthy?
The accounts state that unrestricted reserves stood at £297,845, which the trustees note equates to around one year's expenditure. The charity reported a net income of £466,655 for the year, driven by significant government grants and investment income, although this was offset by an unrealised loss on unlisted investments. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Godfrey Wilson Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| DILLHAVEN LIMITED | 1 | £71k |
| J & J CHARITABLE TRUST LIMITED | 1 | £17k |
| KTRUST LIMITED | 1 | £12k |