THE IMP TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity held free reserves of £20,555 and bank balances of £61,426 at the end of the reporting period. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. The charity also holds £1,120,515 in an expendable endowment fund which can be released to support activities.
What the accounts disclose
“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.”
“Ludlow Trust Company Limited was paid £8,551 for trust administration services and £109 for the cash management services during the year under review. These fees are authorised under clause 13 of the trust deed.”
Trustees
- IAN REGINALD PERMAIN
- LUDLOW TRUST COMPANY LTD
- MARIA PERMAIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 16/10/2025 | £149k | £153k |
| 16/10/2024 | £104k | £103k |
| 16/10/2023 | £20k | £67k |
| 16/10/2022 | £111k | £110k |
| 16/10/2021 | £54k | £55k |
Common questions
Is THE IMP TRUST financially healthy?
The accounts state that the charity held free reserves of £20,555 and bank balances of £61,426 at the end of the reporting period. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. The charity also holds £1,120,515 in an expendable endowment fund which can be released to support activities. Its FY2024 accounts were independently examined.