THE WALNUT TREE TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity achieved a net surplus of £19,730.96 for the year, with total income of £76,566.22 against total disbursements of £56,835.26. However, the trustees note that current funding is insufficient to rebuild or develop certain areas, leading to the decision to borrow money to accelerate property restoration. The charity also terminated a letting agent arrangement due to poor value for money and unresolved tenant issues.
What the accounts disclose
“In the context of our current funding there is no realistic manner to rebuild or develop this area. We acknowledged the need for listed building consent to demolish the structure completely but we don’t have the funds for this.” — page 1
“Some Trustees and other individuals have offered to loan money totalling £110 k. Private loans will cost the Trust less to finance.”
“We have filed a Serious Incident Form to the Charity Commission.” — page 1
Year-over-year changes
- Going concern: no going-concern doubt (FY2022) → going-concern doubt noted (FY2023).
Register events
- Received assets from another charity (12/02/2020)
Trustees
- Jill Aisherchair
- Graham Joseph Peck
- John Dinnis
- Jonathan Rosser Histed
- Lesley Spence
- Louise Anne Taylor
- Peter Carwile Kasch
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £151k | £161k |
| 31/12/2023 | £77k | £57k |
| 31/12/2022 | £27k | £47k |
| 31/12/2021 | £26k | £7k |
| 31/12/2020 | £24k | £11k |
Common questions
Is THE WALNUT TREE TRUST financially healthy?
The accounts state that the charity achieved a net surplus of £19,730.96 for the year, with total income of £76,566.22 against total disbursements of £56,835.26. However, the trustees note that current funding is insufficient to rebuild or develop certain areas, leading to the decision to borrow money to accelerate property restoration. The charity also terminated a letting agent arrangement due to poor value for money and unresolved tenant issues.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NORTHWICK TRUST | 2 | £52k |
| CHAPMAN CHARITABLE TRUST | 2 | £6k |
| THE GUNTER CHARITABLE TRUST | 1 | — |
| THE BANISTER CHARITABLE TRUST | 1 | £742k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £650k |
| THE FIDELITY UK FOUNDATION | 1 | £400k |
| Moto Foundation | 1 | £275k |
| GARFIELD WESTON FOUNDATION | 1 | £200k |