THE SILLITOE CHARITABLE TRUST
To advance the education of the public in general (and Geology students in particular) in the science ofEconomic Geology by providing suitable funding for education, research, publications, student supportand other suitable programs.
Financial health, per its FY2025 accounts
The accounts state that the charity held total net assets of £1,522,285 at the year end, comprising £1,477,382 in Expendable Endowment and £44,903 in Unrestricted Income Funds. The Trustees consider Unrestricted Income funds to be free reserves and do not maintain a set reserves policy target. The charity reported a net income of £428,915 after expenditure of £4,228,279, primarily driven by a £4.2 million donation to the Natural History Museum.
What the accounts disclose
“Apart from payments totalling £5,490 (£6,150 in 2024) made to Rathbones Trust Company (RTC), a trustee, for professional services rendered, as permitted by clause 29(2)(b) of the charity's governing document, no amounts were paid to any related parties during the year ended 31 October 2025.” — page 15
“Apart from a donation made by Dr Sillitoe as detailed in note 3, which had no conditions attached to it, no amounts were received by the charity from related parties during the year ended 31 October 2025 (nil in 2024).” — page 15
“Apart from payments totalling £5,490 (£6,150 in 2024) made to Rathbones Trust Company (RTC), a trustee, for professional services rendered, as permitted by clause 29(2)(b) of the charity's governing document, no amounts were paid to any related parties during the year ended 31 October 2025.” — page 15
“Apart from a donation made by Dr Sillitoe as detailed in note 3, which had no conditions attached to it, no amounts were received by the charity from related parties during the year ended 31 October 2025 (nil in 2024).” — page 15
Structured financials (annual return, FY ending 31/10/2024)
Trustees
- Dr RICHARD HENRY SILLITOEchair
- JEANNIE MARY BILLINGTON
- Rathbones Trust Company Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £52k | £4.2m |
| 31/10/2024 | £3.3m | £33k |
| 31/10/2023 | £32k | £21k |
| 31/10/2022 | £22k | £13k |
| 31/10/2021 | £15k | £14k |
Common questions
Is THE SILLITOE CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held total net assets of £1,522,285 at the year end, comprising £1,477,382 in Expendable Endowment and £44,903 in Unrestricted Income Funds. The Trustees consider Unrestricted Income funds to be free reserves and do not maintain a set reserves policy target. The charity reported a net income of £428,915 after expenditure of £4,228,279, primarily driven by a £4.2 million donation to the Natural History Museum. Its FY2025 accounts were independently examined.