THE CORTON HILL TRUST
Financial health, per its FY2025 accounts
The accounts state that total funds decreased to £7,208,972 from £7,586,914 in the prior year, driven by a significant drop in investment income and transfers from endowment. Free reserves fell to £190,750, though the trustees note that significant free reserves are not considered necessary given the availability of the expendable endowment fund. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Given the availability of the expendable endowment fund the trustees do not consider that the charity needs to maintain any significant free reserves and recognise such deficits on reserves will arise from time to time.” — page 5
“During the year under review one of the trustees, Ludlow Trust Company Limited, charged fees for the provision of administrative services of £28,285 (2024: £31,016), shown in note 4.” — page 15
“During the year under review one of the trustees, Ludlow Trust Company Limited, charged fees for the provision of administrative services of £28,285 (2024: £31,016), shown in note 4.” — page 15
“During the year under review, two grants of £575,000 were awarded to an organisation, of which one of the settlor trustees, Nicholas Robinson, is the director.” — page 15
“During the year under review one of the trustees, Ludlow Trust Company Limited, charged fees for the provision of administrative services of £28,285 (2024: £31,016), shown in note 4.” — page 15
“During the year under review, two grants of £575,000 were awarded to an organisation, of which one of the settlor trustees, Nicholas Robinson, is the director.” — page 15
Structured financials (annual return, FY ending 13/11/2025)
Trustees
- CATHERINE JOANNA ROBINSON
- Ludlow Trust Company Ltd
- NICHOLAS JAMES GRAY ROBINSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 13/11/2025 | £933k | £1.1m |
| 13/11/2024 | £4.2m | £4.2m |
| 13/11/2023 | £1.4m | £1.1m |
| 13/11/2022 | £1.0m | £1.1m |
| 13/11/2021 | £796k | £794k |
Common questions
Is THE CORTON HILL TRUST financially healthy?
The accounts state that total funds decreased to £7,208,972 from £7,586,914 in the prior year, driven by a significant drop in investment income and transfers from endowment. Free reserves fell to £190,750, though the trustees note that significant free reserves are not considered necessary given the availability of the expendable endowment fund. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Blue Spire Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS OF THE YEATMAN HOSPITAL | 1 | £78k |