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THE GALLUS TRUST

Registered charity 1175647 · accounts filings on the Charity Commission register

General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£56k
Latest spending
£58k
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that free reserves amounted to £7,804 at the end of the reporting period, with additional bank balances of £15,263 and investment assets of £982,542 held within an expendable endowment fund. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks, while the independent examiner confirmed that no material matters came to their attention regarding the accounts.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: maintaining a free reserve available to be spent in the furtherance of the charity’s objectives, as well as covering future needs, opportunities, contingencies and risks (held: £8k)
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives, as well as covering future needs, opportunities, contingencies and risks.”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Ludlow Trust Company Limited was paid £8,788 for trust administration and cash management services during the year under review. These fees are authorised under clause 6 of the trust deed.
“Ludlow Trust Company Limited was paid £8,788 for trust administration and cash management services during the year under review. These fees are authorised under clause 6 of the trust deed.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company Limited was paid £8,788 for trust administration and cash management services during the year under review. These fees are authorised under clause 6 of the trust deed.
“Ludlow Trust Company Limited was paid £8,788 for trust administration and cash management services during the year under review. These fees are authorised under clause 6 of the trust deed.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
06/04/2025£56k£58k
06/04/2024£22k£52k
06/04/2023£24k£53k
06/04/2022£42k£47k
06/04/2021£29k£50k

Common questions

Is THE GALLUS TRUST financially healthy?

Per its FY2025 accounts: The accounts state that free reserves amounted to £7,804 at the end of the reporting period, with additional bank balances of £15,263 and investment assets of £982,542 held within an expendable endowment fund. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks, while the independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.