Q CHARITABLE TRUST

Registered charity 1186920 · accounts filings on the Charity Commission register

Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com

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 CHARITIES OR SUCH EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAWS OF ENGLAND AND WALES IN ANY PART OF THE WORLD (OBJECTS) AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Bristol, City of, South West, England (from the postcode on the register)

Latest income
£1.9m
Latest spending
£3.1m
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds a deficit in free reserves of £1,938,073 as of 31 December 2025, compared to a deficit of £930,620 in the prior year. The trustees report that they do not consider it necessary to maintain significant free reserves given the availability of the expendable endowment fund. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations.

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

What the accounts disclose

Largest income source: Investments (100% of income)
“Incoming resources for the year totalled £1,877,865 (2024 period: £759,871) consisting of investment income of £564,985 (2024 period: £693,455) and transfers from the capital fund of £1,312,880 (2024 period: £66,416).” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“As at 31 December 2025 free reserves were a deficit of £1,938,073 (2024 deficit: £930,620).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company Limited charged fees for administrative services amounting to £53,345 (2024: £49,558) were paid during the year, as shown in note 3, with £14,305 (2024: £12,984) accrued at the balance sheet date. These fees are authorised under section 6 of the trust deed.
“Ludlow Trust Company Limited charged fees for administrative services amounting to £53,345 (2024: £49,558) were paid during the year, as shown in note 3, with £14,305 (2024: £12,984) accrued at the balance sheet date. These fees are authorised under section 6 of the trust deed.” — page 20
“During the year under review, a grant of £140,000 (2024: £136,734) was awarded to the charity Over The Wall Camp. One of the trustees of Over The Wall Camp is the brother of trustee Alexia Quin. Consequently, both Alexia Quin and Jonathan Roger Aitken Quin were considered to have a conflict of interest in relation to this grant and were not involved in the approval of the grant.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: During the year under review, a grant of £140,000 (2024: £136,734) was awarded to the charity Over The Wall Camp. One of the trustees of Over The Wall Camp is the brother of trustee Alexia Quin. Consequently, both Alexia Quin and Jonathan Roger Aitken Quin were considered to have a conflict of interest in relation to this grant and were not involved in the approval of the grant.
“Ludlow Trust Company Limited charged fees for administrative services amounting to £53,345 (2024: £49,558) were paid during the year, as shown in note 3, with £14,305 (2024: £12,984) accrued at the balance sheet date. These fees are authorised under section 6 of the trust deed.” — page 20
“During the year under review, a grant of £140,000 (2024: £136,734) was awarded to the charity Over The Wall Camp. One of the trustees of Over The Wall Camp is the brother of trustee Alexia Quin. Consequently, both Alexia Quin and Jonathan Roger Aitken Quin were considered to have a conflict of interest in relation to this grant and were not involved in the approval of the grant.” — page 20
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Blue Spire Limited. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2025

  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2024

  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
  • Grant-making is its main activity

Self-declared on the annual return for the financial year ending 31/12/2023

  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
  • Grant-making is its main activity

Source: this charity’s annual returns on the Charity Commission register.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.9m
Total spending
£3.1m
Cost of raising funds
£205k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Other (70% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 10.9% of total income — above the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£1.9m£3.1m
31/12/2024£760k£1.6m
31/12/2023£1.7m£930k
31/12/2022£1.4m£773k
31/12/2021£2.0m£4.3m

Common questions

Is Q CHARITABLE TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds a deficit in free reserves of £1,938,073 as of 31 December 2025, compared to a deficit of £930,620 in the prior year. The trustees report that they do not consider it necessary to maintain significant free reserves given the availability of the expendable endowment fund. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operations. Its FY2025 accounts were audited by Blue Spire Limited.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE HAPPY CHARITABLE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
Q CHARITABLE TRUST£1.9m—0below—no doubt
THE HAPPY CHARITABLE TRUST FY2025£46k——unclear—no doubt
THE LATE FRANCES CRABTREE CHARITABLE TRUST FY2025£59k—0unclear—no doubt
The Patricia Routledge Foundation FY2025£614k—0below—no doubt
THE STEFAN AND MAY FRANCES KWASNIEWSKI CHARITABLE TRUST FY2026£48k—0unclear—no doubt
MARGARET GUIDO'S CHARITABLE TRUST FY2026£37k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.