THE CONNAUGHT TRUST
TO PROMOTE MILITARY EFFICIENCY IN ALL RANKS OF RESERVE FORCES AND TO SUPPORT THE CHARITABLE ACTIVITIES OF CADET FORCES OF ALL THREE SERVICES IN CENTRAL SOUTHERN ENGLAND SUBJECT TO THE RESTRICTIONS SET OUT IN THE CHARITABLE OBJECTS.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £59,520 for the year ended 31 December 2024, resulting in a decrease in net assets to £4,848,243. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Free reserves are held at £4,378,243, which is significantly above the stated policy target of one year's grants estimated at £200,000.
What the accounts disclose
“The reserves policy of the Trust is for free reserves to cover one year of grants estimated at £200,000.” — page 4
“During the year, Julian Walker received consultancy fees totalling £2,936 (2023: £25,939) for his role as Executive to the Trust. Apart from the above, there was no trustee's remuneration or other benefits for the year ended 31 December 2024” — page 15
“During the year the Charity paid £28,080 (2023: £1,020) to Vail Williams, a company in which one Trustee is a member. There were no (2023: £nil) balances owed or owing at the year end.” — page 20
Property (HM Land Registry)
Register events
- Received assets from another charity (03/12/2019)
Trustees
- Charles Edward Haviland Ackroydchair
- Cdr Anthony Charles Robert Stickland RD RNR
- James Douglas Lacey
- Lt Cdr Danielle Louise Griffin MChem FCA
- Lt Cdr Richard Brooks
- Marianne Lesley Harris-Bridge
- Squadron Leader Graeme Hughes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £215k | £235k |
| 31/12/2023 | £245k | £252k |
| 31/12/2022 | £290k | £178k |
| 31/12/2021 | £232k | £305k |
| 31/12/2020 | £220k | £96k |
Common questions
Is THE CONNAUGHT TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £59,520 for the year ended 31 December 2024, resulting in a decrease in net assets to £4,848,243. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Free reserves are held at £4,378,243, which is significantly above the stated policy target of one year's grants estimated at £200,000. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £34k |
| Army Benevolent Fund | 1 | £20k |
| THE ARMY CENTRAL FUND | 1 | £5k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £3k |
Charities like this
- NUFFIELD TRUST FOR THE FORCES OF THE CROWN
- THE RIFLES REGIMENTAL TRUST
- ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST
- The Connolly Foundation (UK) Limited
- ROYAL ARTILLERY INSTITUTION LIMITED
- THE ROYAL CALEDONIAN EDUCATION TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CONNAUGHT TRUST | £215k | — | 0 | unclear | — | no doubt |
| NUFFIELD TRUST FOR THE FORCES OF THE CROWN | £1.4m | more than £60,000 | 1 | unclear | — | no doubt |
| THE RIFLES REGIMENTAL TRUST | £574k | — | 0 | unclear | — | no doubt |
| ROYAL ENGINEERS VOCATIONAL EDUCATION AND TRAINING TRUST | £730k | — | 0 | above | — | no doubt |
| The Connolly Foundation (UK) Limited | £14.0m | £170,001 - £180,000 | — | unclear | — | no doubt |
| ROYAL ARTILLERY INSTITUTION LIMITED | £951k | — | 0 | above | — | no doubt |