THE CONNAUGHT TRUST
Financial health, per its FY2022 accounts
The accounts state that unrestricted funds decreased by £208,123 during the year, resulting in total net assets of £4,889,309 at year-end. The charity holds significant investment assets valued at £2,906,757 and investment property at £1,737,000, providing a substantial asset base. Per the trustees' report, free reserves are held to cover one year of estimated grants, with additional designated funds for property repairs and marketing.
What the accounts disclose
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?
The accounts state that unrestricted funds decreased by £208,123 during the year, resulting in total net assets of £4,889,309 at year-end. The charity holds significant investment assets valued at £2,906,757 and investment property at £1,737,000, providing a substantial asset base. Per the trustees' report, free reserves are held to cover one year of estimated grants, with additional designated funds for property repairs and marketing. Its FY2022 accounts were audited by Morris Crocker Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £28k |
| Army Benevolent Fund | 1 | £20k |
| THE ARMY CENTRAL FUND | 1 | £5k |
| THE BARBERS' COMPANY GENERAL CHARITIES | 1 | £500 |