THE FRAXINUS CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £65,360 as of 24 October 2025, an increase from £15,020 in the prior year. The trustees explicitly state that they do not consider the charity needs to maintain any significant free reserves, as the expendable endowment fund provides sufficient resources. Total incoming resources were £618,472, with total resources expended at £590,500, resulting in a net movement in funds of £286,701.
What the accounts disclose
“Incoming resources for the year totalled £618,472 (2024: £600,556) consisting of investment income of £83,461 (2024: £107,001) and transfers from the capital fund of £535,011 (2024: £493,555) to cover expenditure in excess of the investment income received.” — page 5
“Given the availability of the expendable endowment fund the trustees do not consider that the charity needs to maintain any significant free reserves although they recognise that such reserves may arise from time to time.” — page 6
“During the year under review, £100,000 (2024: £645,244) of donations were received from the settlor trustees with £25,000 (2024: £87,500) gift aid claimed.” — page 17
“During the year under review Ludlow Trust Company Limited charged the charity £23,388 (2024: £21,955) for administrative services with £1,569 (2024: £1,538) accrued at the balance sheet date.” — page 17
“During the year under review, £100,000 (2024: £645,244) of donations were received from the settlor trustees with £25,000 (2024: £87,500) gift aid claimed.” — page 17
“During the year under review Ludlow Trust Company Limited charged the charity £23,388 (2024: £21,955) for administrative services with £1,569 (2024: £1,538) accrued at the balance sheet date.” — page 17
“During the year under review, £100,000 (2024: £645,244) of donations were received from the settlor trustees with £25,000 (2024: £87,500) gift aid claimed.” — page 17
“During the year under review Ludlow Trust Company Limited charged the charity £23,388 (2024: £21,955) for administrative services with £1,569 (2024: £1,538) accrued at the balance sheet date.” — page 17
“During the year under review, £100,000 (2024: £645,244) of donations were received from the settlor trustees with £25,000 (2024: £87,500) gift aid claimed.” — page 17
“During the year under review Ludlow Trust Company Limited charged the charity £23,388 (2024: £21,955) for administrative services with £1,569 (2024: £1,538) accrued at the balance sheet date.” — page 17
Structured financials (annual return, FY ending 24/10/2025)
Trustees
- Alexander Justinian Ash
- JUSTINIAN JOSEPH ASH
- Ludlow Trust Company Ltd
- Thomas Benedict Ash
- Victoria Ash
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 24/10/2025 | £618k | £591k |
| 24/10/2024 | £601k | £622k |
| 24/10/2023 | £328k | £350k |
| 24/10/2022 | £426k | £421k |
| 24/10/2021 | £338k | £374k |
Common questions
Is THE FRAXINUS CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £65,360 as of 24 October 2025, an increase from £15,020 in the prior year. The trustees explicitly state that they do not consider the charity needs to maintain any significant free reserves, as the expendable endowment fund provides sufficient resources. Total incoming resources were £618,472, with total resources expended at £590,500, resulting in a net movement in funds of £286,701. Its FY2025 accounts were audited by Blue Spire Limited.
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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 FRAXINUS CHARITABLE TRUST | £618k | — | 0 | above | — | no doubt |
| Q CHARITABLE TRUST | £760k | — | 0 | below | — | no doubt |
| MILLIE'S WATCH | £112k | — | 0 | unclear | — | no doubt |
| The Patricia Routledge Foundation | £614k | — | 0 | below | — | no doubt |
| PAULINE MEREDITH CHARITABLE TRUST | £185k | — | 0 | unclear | — | no doubt |
| THE JOAN LYNETTE DALTON CHARITABLE TRUST | £120k | — | 0 | unclear | — | no doubt |