THE TOR TRUST
General Charitable Purposes. 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.
Financial health, per its FY2026 accounts
The Tor Trust reported total incoming resources of £18,575, primarily from investment income and bank interest, against total payments of £37,190, which included £28,000 in grants. To cover this shortfall, the charity transferred £8,197 from its expendable endowment fund, resulting in unrestricted free reserves of £45,502 at year-end. The trustees state that the availability of the expendable endowment fund means it is not necessary to hold significant unrestricted reserves.
What the accounts disclose
“Total incoming resources for the year were £18,575 (2025: £25,071), comprising investment income and bank interest.”
“The trustees aim to maintain a modest level of free reserves to provide flexibility in the timing of grant-making and to meet ongoing administration costs. Given the availability of the expendable endowment fund, which can be drawn upon at the trustees’ discretion, the charity does not consider it necessary to hold significant unrestricted reserves.”
“Ludlow Trust Company Ltd was paid £8,590 (2025: £8,120) for trust administration and cash management fees during the year under review. These fees are authorised under clause 6 of the trust deed.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 07/01/2026
- 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 07/01/2025
- 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 07/01/2024
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Grant-making is its main activity
Trustees
- LISA WELTON
- LUDLOW TRUST COMPANY LTD
- Stephen Frank Welton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 07/01/2026 | £27k | £42k |
| 07/01/2025 | £33k | £17k |
| 07/01/2024 | £21k | £11k |
| 07/01/2023 | £20k | £20k |
| 07/01/2022 | £11k | £8k |
Common questions
Is THE TOR TRUST financially healthy?
Per its FY2026 accounts: The Tor Trust reported total incoming resources of £18,575, primarily from investment income and bank interest, against total payments of £37,190, which included £28,000 in grants. To cover this shortfall, the charity transferred £8,197 from its expendable endowment fund, resulting in unrestricted free reserves of £45,502 at year-end. The trustees state that the availability of the expendable endowment fund means it is not necessary to hold significant unrestricted reserves. Its FY2026 accounts were independently examined.
Charities like this
- THE THOMPSON6 CHARITABLE TRUST
- MISS PATRICIA ANN HERBERTS CHARITABLE TRUST
- THE ROY PROCTOR FOUNDATION
- THE JOAN LYNETTE DALTON CHARITABLE TRUST
- SEAVIEW CHARITABLE TRUST
- INTRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE TOR TRUST | £27k | — | — | below | — | no doubt |
| THE THOMPSON6 CHARITABLE TRUST | £99k | — | — | unclear | — | no doubt |
| MISS PATRICIA ANN HERBERTS CHARITABLE TRUST | £61k | — | — | unclear | — | no doubt |
| THE ROY PROCTOR FOUNDATION | £75k | — | — | unclear | — | no doubt |
| THE JOAN LYNETTE DALTON CHARITABLE TRUST | £120k | — | — | unclear | — | no doubt |
| SEAVIEW CHARITABLE TRUST | £102k | — | 0 | unclear | — | no doubt |