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THE TOR TRUST

Registered charity 1187325 · accounts filings on the Charity Commission register

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

Causes: General Charitable Purposes · website · Get email alerts

Latest income
£27k
Latest spending
£42k
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that free reserves increased to £55,920 from £36,447 in the prior year, supported by bank balances of £13,912 and expendable endowment investments valued at £973,500. The trustees maintain a policy of holding free reserves to cover future needs, contingencies, and risks. The independent examiner confirmed that no material matters came to attention regarding the accounts or accounting records.

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

What the accounts disclose

Reserves policy: maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks (held: £56k)
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Ludlow Trust Company Limited (a corporate trustee) received £8,120 for trust administration and cash management services.
“No trustee received any remuneration or was reimbursed any expenses in the year under review. Ludlow Trust Company Limited was paid £8,120 (2024: £7,195) for trust administration and cash management services during the year under review.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company Limited, a corporate trustee, was paid for services.
“Ludlow Trust Company Limited was paid £8,120 (2024: £7,195) for trust administration and cash management services during the year under review. These fees are authorised under clause 6 of the trust deed.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

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
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 FY2025 accounts: The accounts state that free reserves increased to £55,920 from £36,447 in the prior year, supported by bank balances of £13,912 and expendable endowment investments valued at £973,500. The trustees maintain a policy of holding free reserves to cover future needs, contingencies, and risks. The independent examiner confirmed that no material matters came to attention regarding the accounts or accounting records. Its FY2025 accounts were independently examined.