THE TABLET TRUST
Financial health, per its FY2024 accounts
The accounts state that the group reported a consolidated deficit of £73,149 for the year ended 31 January 2024, driven by accumulated trading losses in its publishing subsidiary. Despite this deficit, the trustees confirmed the group remains a going concern, supported by £199,654 in liquid investments and a freehold property valued at £1.65m that could be leveraged for funding if necessary.
What the accounts disclose
“Funds are retained to meet the future needs of The Tablet and The Pastoral Review through which the aims of the charity are primarily achieved. In this context, reserves are being maintained to fund the publishing and accommodation needs of the company.” — page 9
“The Trust entered into related party transactions with The Tablet Publishing Company a 100% owned subsidiary during the year and provided restricted and unrestricted grants of £141,592 (2023: £82,599), and a programme related investment totalling £215,754 (2023: £248,475) at the year end (See Note 13 for further details). In addition, a charge for secretarial services of £56,400 (2023: £50,000) was made from The Tablet Publishing Company to the Tablet Trust. At the year end, the Trust was due £133,338 from The Tablet Publishing Company (2023: £119,742). Donations of £18,127 were received from the Trustees (2023: £12,596).” — page 41
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- DAME Helen Frances GHOSH
- Julie Anne Etchingham
- Katherine Jeffrey
- Lady Rachel Billington
- Luke Hughes
- MICHAEL ANTHONY CRAVEN
- PAUL VALLELY
- Robert Francis Thomas Binyon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £1.9m | £2.0m |
| 31/01/2024 | £2.1m | £2.1m |
| 31/01/2023 | £2.1m | £2.1m |
| 31/01/2022 | £2.1m | £2.1m |
| 31/01/2021 | £2.1m | £2.2m |
Common questions
Is THE TABLET TRUST financially healthy?
The accounts state that the group reported a consolidated deficit of £73,149 for the year ended 31 January 2024, driven by accumulated trading losses in its publishing subsidiary. Despite this deficit, the trustees confirmed the group remains a going concern, supported by £199,654 in liquid investments and a freehold property valued at £1.65m that could be leveraged for funding if necessary. Its FY2024 accounts were audited by Crowe U.K. LLP.
Who funds THE TABLET TRUST?
Funders whose own accounts filings name THE TABLET TRUST as a grant recipient include THE TOLKIEN TRUST, MIDDLE WAY TRUST, THE DAUGHTERS OF JESUS CIO.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE TOLKIEN TRUST | FY2022 | £50k |
| THE TOLKIEN TRUST | FY2023 | £25k |
| MIDDLE WAY TRUST | FY2025 | £15k |
| THE DAUGHTERS OF JESUS CIO | FY2024 | £10k |
| MIDDLE WAY TRUST | FY2024 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HURDALE CHARITY LIMITED | 1 | £25k |
| BIG BEN TRUST | 1 | £5k |