THE SINCLAIR CHARITY
To provide funding for various charitable endeavours at the discretion of the Trustees.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £13,208,410 at the period end, which the trustees consider sufficient to fund current activities from investment income. The charity reported a net movement in funds of £(996,160) due to investment revaluation losses, though operational income exceeded charitable expenditure. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees aim to maintain reserves at a level whereby current levels of expenditure incurred in the key activities of the Charity can be solely funded from investment income.”
“During the year the charity received dividend income of £305,114 (2023: £435,877) from Mountview Estates P.L.C. and dividend income of £200,401 (2023: £162,487) from Sinclair Estates Limited. One of the trustee of the charity is also a director of Mountview Estates P.L.C. and two of the trustees of the charity are also directors of Sinclair Estates Limited.” — page 19
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- DUNCAN MORRALL SINCLAIRchair
- ANDREW KENNETH STUBBS
- Corrine Rochelle Sinclair
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £654k | £688k |
| 31/12/2023 | £732k | £688k |
| 31/12/2022 | £754k | £615k |
| 31/12/2021 | £963k | £543k |
| 31/12/2020 | £4.3m | £878k |
Common questions
Is THE SINCLAIR CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £13,208,410 at the period end, which the trustees consider sufficient to fund current activities from investment income. The charity reported a net movement in funds of £(996,160) due to investment revaluation losses, though operational income exceeded charitable expenditure. 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 John Crook & Partners.
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Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SINCLAIR CHARITY | £654k | — | 0 | above | — | no doubt |
| SWIRE 2765 | £2.2m | — | 0 | above | — | no doubt |
| THE ADINT CHARITABLE TRUST | £212k | — | 0 | unclear | — | no doubt |
| RICHMOND TRUST FUND | £220k | — | 0 | above | — | no doubt |
| H M SASSOON CHARITABLE TRUST | £124k | — | 0 | unclear | — | no doubt |
| THE SEARLE CHARITABLE TRUST | £167k | — | 0 | unclear | — | no doubt |