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

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

Latest income

£760k

Latest spending

£1.6m

Registered

2019

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that free reserves were a deficit of £930,620 as at 31 December 2024, compared to a deficit of £307,494 in the prior year. The trustees do not consider that the charity needs to maintain any significant free reserves given the availability of the expendable endowment fund. Total net assets less current liabilities stood at £41,831,059, supported by fixed asset investments valued at £42,409,916.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £-931k; policy: no significant free reserves)

“Given the availability of the expendable endowment fund the trustees do not consider that the charity needs to maintain any significant free reserves although they recognise that such reserves will arise from time to time. As at 31 December 2024 free reserves were a deficit of £930,620” — page 4

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Ludlow Trust Company Limited charged fees for administrative services amounting to £49,558 (2023: £88,221) were paid during the year, as shown in note 3. These fees are authorised under section 6 of the trust deed.

“Ludlow Trust Company Limited charged fees for administrative services amounting to £49,558 (2023: £88,221) were paid during the year, as shown in note 3. These fees are authorised under section 6 of the trust deed.” — page 19

Per its FY2024 accounts as filed with the Charity Commission.

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

Structured financials (annual return, FY ending 31/12/2024)

Total income

£760k

Total spending

£1.6m

Cost of raising funds

£190k

Reserves (reported)

£0

Employees

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Investments (91% 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: 24.9% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

Alexia Jane Quin
Jonathan Roger Aitken Quin
Ludlow Trust Company Ltd · trustee of 8 other charities

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

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

Income and spending

Financial year end	Income	Spending
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
17/09/2020	£285k	£270k

Common questions

Is Q CHARITABLE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that free reserves were a deficit of £930,620 as at 31 December 2024, compared to a deficit of £307,494 in the prior year. The trustees do not consider that the charity needs to maintain any significant free reserves given the availability of the expendable endowment fund. Total net assets less current liabilities stood at £41,831,059, supported by fixed asset investments valued at £42,409,916. Its FY2024 accounts were audited by Blue Spire Limited.

Charities like this

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

THE JOAN LYNETTE DALTON CHARITABLE TRUST income £120k
MILLIE'S WATCH income £112k
PAULINE MEREDITH CHARITABLE TRUST income £185k
THE MCCORQUODALE CHARITABLE TRUST income £212k
THE THOMPSON6 CHARITABLE TRUST income £99k
The Patricia Routledge Foundation income £614k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
Q CHARITABLE TRUST	£760k	—	below	—	no doubt
THE JOAN LYNETTE DALTON CHARITABLE TRUST FY2025	£120k	—	unclear	—	no doubt
MILLIE'S WATCH FY2025	£112k	—	unclear	—	no doubt
PAULINE MEREDITH CHARITABLE TRUST FY2025	£185k	—	unclear	—	no doubt
THE MCCORQUODALE CHARITABLE TRUST FY2025	£212k	—	below	—	no doubt
THE THOMPSON6 CHARITABLE TRUST FY2025	£99k	—	unclear	—	no doubt

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