THE TERN TRUST

Registered charity 1186646 · accounts filings on the Charity Commission register

To promote or carry out research, provide advice, publish or distribute information and/or make grants or loans of money and give to guarantees. To support, administer or set up other charities. To raise funds (but not by means of taxable trading). To borrow money and give security for loans. To acquire or hire property of any kind and let or dispose of property of any kind. To set aside funds...

Causes: General Charitable Purposes · Get email alerts

Latest income
£26k
Latest spending
£46k
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held unrestricted funds of £995,088 at the year end, having incurred a net deficit in funds of £66,092 due to investment losses. The trustees report that there is no need to retain reserves for future giving as the charity carries out no direct charitable activities and does not generally make commitments to future giving.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income (96% of income)
Income from quoted investments amounted to £25,021 (2024: £24,457) for the year. Total investment income for the year, including bank interest of £986 (2024: £831), was £26,007 (2024: £25,288). — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: no need to retain reserves (held: £995k)
As the charity carries out no direct charitable activities and does not generally make commitments to future giving, there is no need to retain reserves for this purpose. — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 05/04/2021)

Total income
£714k
Total spending
£17k
Cost of raising funds
£8k
Reserves (reported)
£832k
Employees
0

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£26k£46k
05/04/2024£27k£48k
05/04/2023£22k£11k
05/04/2022£170k£34k
05/04/2021£714k£17k

Common questions

Is THE TERN TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity held unrestricted funds of £995,088 at the year end, having incurred a net deficit in funds of £66,092 due to investment losses. The trustees report that there is no need to retain reserves for future giving as the charity carries out no direct charitable activities and does not generally make commitments to future giving. Its FY2025 accounts were independently examined.