THE PIPELINE TRUST
General charitable purposes for public benefit.
Objects
TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME.
Financial health, per its FY2024 accounts
The accounts state that the charity distributed £28,662 in grants during the year, exceeding its £25,000 income from donations, resulting in a net decrease in cash reserves. Per the trustees' report, cash reserves fell from £5,361 to £1,699, with the trustees noting their objective is to retain cash at a level considered appropriate to meet liabilities as they fall due.
What the accounts disclose
“Grant fram The Newcombe Estates Company Limited 25,000” — page 6
“no funds were spent on support costs in the year or in the previous year.”
“Their objective will be to identify organisations worthy of support so that the Charity’s income is distributed on an annual basis and cash reserves will be retained ata level that they consider appropriate to meet any liabilities as they fall due and to enable the Charity to respond in a timely fashion to urgent appeals from deserving causes.” — page 3
Policies the charity declares
- Financial reserves policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- Robert William Newcombechair
- Alexandra Clare Houghton
- EDWARD MARK NEWCOMBE
- JONATHAN CHARLES DYMOKE NEWCOMBE
- Lionel John Newcombe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £25k | £29k |
| 31/12/2023 | £31k | £28k |
| 31/12/2022 | £25k | £27k |
| 31/12/2021 | £38k | £43k |
| 31/12/2020 | £19k | £30k |
Common questions
Is THE PIPELINE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity distributed £28,662 in grants during the year, exceeding its £25,000 income from donations, resulting in a net decrease in cash reserves. Per the trustees' report, cash reserves fell from £5,361 to £1,699, with the trustees noting their objective is to retain cash at a level considered appropriate to meet liabilities as they fall due. Its FY2024 accounts were independently examined.