THE CARTHUSIAN TRUST
The Charity provides means-tested bursaries and scholarships to pupils of Charterhouse School or donations towards capital projects that will benefit the pupils of the School.
Objects
THE OBJECTS OF THE CIO ARE:SUCH CHARITABLE PURPOSES CONNECTED WITH THE SCHOOL AS THE TRUSTEES SHALL AFTER CONSULTATION WITH THE SCHOOL GOVERNING BODY THINK FIT INCLUDING, WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING:A) THE PROVISION OF BURSARIES AND SCHOLARSHIPS TO PUPILS AT THE SCHOOL; ANDB) THE FINANCING OF PROJECTS OF A CAPITAL NATURE CONNECTED WITH THE SCHOOL.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased to £4,020,747 from £4,205,341 in the prior year, driven by a significant drop in income from £626,857 to £155,974. Per the trustees' report, free reserves (General Funds) stood at £846,970, which the trustees consider sufficient to cover current annual expenditure and future capital grants.
What the accounts disclose
“The large majority of this income was from bank interest and dividends.”
“One of the Trustees, C W D Macey, is a Governor of Charterhouse School. During the period, the Trust has provided funds of £469,971 (2024: £249,342) to Charterhouse School in relation to bursaries, scholarships and donations.” — page 18
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/07/2024)
Trustees
- Andrew Man
- CHARLES WILLIAM DAVID MACEY
- Charles Davies
- David Roderic Notley Hunt KC
- IAN WALLER
- JAMES BALKWILL
- STUART BELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £156k | £475k |
| 31/07/2024 | £627k | £259k |
| 31/07/2023 | £2.0m | £229k |
| 31/07/2022 | £43k | £96k |
| 31/07/2021 | £140k | £298k |
Common questions
Is THE CARTHUSIAN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased to £4,020,747 from £4,205,341 in the prior year, driven by a significant drop in income from £626,857 to £155,974. Per the trustees' report, free reserves (General Funds) stood at £846,970, which the trustees consider sufficient to cover current annual expenditure and future capital grants. Its FY2025 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £505k |
| SUTTON'S HOSPITAL IN CHARTERHOUSE | 1 | £385k |
| THE C P CHARITABLE TRUST | 1 | £25k |
| THE BELLASIS TRUST | 1 | £10k |
| THE ABDALLA FOUNDATION | 1 | £9k |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £6k |
| THE ETON FIVES ASSOCIATION LIMITED | 1 | £5k |
Charities like this
- SUTTON'S HOSPITAL IN CHARTERHOUSE
- EMANUEL SCHOOL GENERAL CHARITABLE TRUST
- CHARTERHOUSE SCHOOL
- DR CHALLONER'S SCHOOL EDUCATIONAL TRUST
- CLS BURSARY AND AWARDS FUND
- PMC Education Trust
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CARTHUSIAN TRUST | £156k | — | 0 | unclear | — | no doubt |
| SUTTON'S HOSPITAL IN CHARTERHOUSE | £5.0m | — | — | below | — | no doubt |
| EMANUEL SCHOOL GENERAL CHARITABLE TRUST | £868k | — | 0 | within | — | no doubt |
| CHARTERHOUSE SCHOOL | £64.8m | — | — | below | 7.3% | no doubt |
| DR CHALLONER'S SCHOOL EDUCATIONAL TRUST | £358k | — | 0 | within | — | no doubt |
| CLS BURSARY AND AWARDS FUND | £167k | — | 0 | above | — | no doubt |