THE DAVIDGE USHER TRUST
Latest income
£537k
Latest spending
£296k
Registered
2019
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £37,191,362, an increase of £1,312,495 from the previous year, driven largely by investment gains. The trustees report that budgeted income and expenditure are sufficient for the charity to continue as a going concern for at least twelve months. No staff were employed during the period, and charitable activities consisted solely of grant making.
What the accounts disclose
Reserves policy: to utilise the property income in the maintaining, up keeping and upgrading of the property portfolio, and the investment portfolio utilised for the purposes of making grants to institutions and individuals during the course of the period (held: £37.2m)
“The policy for holding reserves is to utilise the property income in the maintaining, up keeping and upgrading of the property portfolio, and the investment portfolio utilised for the purposes of making grants to institutions and individuals during the course of the period.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rental receivable on certain properties - all charged at commercial rates and terms: - Mr M S Arrowsmith £53,708 (2024 £60,343)
“Rental receivable on certain properties - all charged at commercial rates and terms: - Mr M S Arrowsmith £53,708 (2024 £60,343) - Mr R Arrowsmith £60,480 (2024 £58,582)” — page 22
“Rental receivable on certain properties - all charged at commercial rates and terms: - Mr M S Arrowsmith £53,708 (2024 £60,343) - Mr R Arrowsmith £60,480 (2024 £58,582)” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rental receivable on certain properties - all charged at commercial rates and terms: - Mr R Arrowsmith £60,480 (2024 £58,582)
“Rental receivable on certain properties - all charged at commercial rates and terms: - Mr M S Arrowsmith £53,708 (2024 £60,343) - Mr R Arrowsmith £60,480 (2024 £58,582)” — page 22
“Rental receivable on certain properties - all charged at commercial rates and terms: - Mr M S Arrowsmith £53,708 (2024 £60,343) - Mr R Arrowsmith £60,480 (2024 £58,582)” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Solar PV payments on certain properties - payable under normal commercial payment terms - Mr M S Arrowsmith 24,716 (2024 £6,235)
“Rental receivable on certain properties - all charged at commercial rates and terms: - Mr M S Arrowsmith £53,708 (2024 £60,343) - Mr R Arrowsmith £60,480 (2024 £58,582)” — page 22
“Rental receivable on certain properties - all charged at commercial rates and terms: - Mr M S Arrowsmith £53,708 (2024 £60,343) - Mr R Arrowsmith £60,480 (2024 £58,582)” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Recharges of utilities and repairs costs recharged to The Davidge Usher Trust - payable under normal commercial payment terms: Mr R Arrowsmith £705 (2024 £319)
“Rental receivable on certain properties - all charged at commercial rates and terms: - Mr M S Arrowsmith £53,708 (2024 £60,343) - Mr R Arrowsmith £60,480 (2024 £58,582)” — page 22
“Rental receivable on certain properties - all charged at commercial rates and terms: - Mr M S Arrowsmith £53,708 (2024 £60,343) - Mr R Arrowsmith £60,480 (2024 £58,582)” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: A grant was paid to Volunteer Action CIC of £5,000 which one trustee R Allinson, is also a Trustee of.
“Rental receivable on certain properties - all charged at commercial rates and terms: - Mr M S Arrowsmith £53,708 (2024 £60,343) - Mr R Arrowsmith £60,480 (2024 £58,582)” — page 22
“Rental receivable on certain properties - all charged at commercial rates and terms: - Mr M S Arrowsmith £53,708 (2024 £60,343) - Mr R Arrowsmith £60,480 (2024 £58,582)” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2026)
Total income
£537k
Total spending
£296k
Cost of raising funds
£179k
Reserves (reported)
£36.7m
Employees
0
Register events
- Received assets from another charity (16/04/2021)
Trustees
- Benjamin Michael Berridge
- Catherine Usher
- DAVID JOHN SMITH
- MARK STUART ARROWSMITH
- MARY PHILIPPA ROSE JAMES
- RICHARD ARROWSMITH
- Richard Allinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £537k | £296k |
| 31/03/2025 | £573k | £565k |
| 31/03/2024 | £488k | £428k |
| 05/04/2023 | £467k | £323k |
| 05/04/2022 | £432k | £298k |
Common questions
Is THE DAVIDGE USHER TRUST financially healthy?
The accounts state that unrestricted reserves stood at £37,191,362, an increase of £1,312,495 from the previous year, driven largely by investment gains. The trustees report that budgeted income and expenditure are sufficient for the charity to continue as a going concern for at least twelve months. No staff were employed during the period, and charitable activities consisted solely of grant making. Its FY2025 accounts were audited by Shaw Gibbs (Audit) Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAVID LAING FOUNDATION | 1 | £106k |
| THE JOHN ARMITAGE CHARITABLE TRUST | 1 | £70k |
| CORAM LIFE EDUCATION | 1 | £20k |
| THE SCOTT BADER COMMONWEALTH LIMITED | 1 | £4k |