THE CATHERINE WINES CHARITABLE TRUST
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Objects
THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME, AND ALL OR SUCH PART OR PARTS OF THE CAPITAL, AT SUCH TIME OR TIMES AND IN SUCH MANNER TO, OR FOR THE BENEFIT OF, SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES (CHARITABLE ACCORDING TO THE LAWS OF ENGLAND) IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT, TAKING INTO CONSIDERATION THOSE CHARITABLE OBJECTS AND PURPOSES FAVOURED BY OR OF INTEREST TO THE SETTLOR.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds totalled £6,378,128 at the year end, which the trustees consider sufficient to maintain reserves equivalent to three to six months of expenditure. The charity reported a net decrease in funds of £52,684 for the year, primarily due to charitable donations of £80,000 against incoming resources of £46,362. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
“At the balance sheet date the charity held investments valued at £3,812,177 in companies connected to some of the trustees.” — page 14
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
Structured financials (annual return, FY ending 05/04/2023)
Trustees
- Bambi Tiguide Sidibe-Cisse
- Dr Ismail Ibrahim Ahmed
- RAYMOND JOHN MACKIE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £46k | £99k |
| 05/04/2024 | £206k | £89k |
| 05/04/2023 | £6.3m | £58k |
| 05/04/2022 | £61k | £28k |
| 05/04/2021 | £0 | £12k |
Common questions
Is THE CATHERINE WINES CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds totalled £6,378,128 at the year end, which the trustees consider sufficient to maintain reserves equivalent to three to six months of expenditure. The charity reported a net decrease in funds of £52,684 for the year, primarily due to charitable donations of £80,000 against incoming resources of £46,362. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.