THE CHARLOTTE AITKEN TRUST
To advance the education of the public in the subject of literature.To promote the creative arts for the public benefit, especially literature, whether fiction, nonfiction,drama or poetry.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted free reserves of £6,710,127, which are being actively spent down over a planned period of around six years. The charity does not actively fundraise, relying entirely on investment returns from its endowment to cover charitable activities and governance costs.
What the accounts disclose
“The current intention is to run the unrestricted general and designated funds down over a period of around 6 years although this period will be subject to a continuing review.” — page 7
“During the year three trustees (2024: three) were reimbursed a total of £4,755 (2024: £2,276) in respect of travel and subsistence costs incurred in connection with the charity.” — page 23
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Sebastian Charles Faulks CBE, FRSLchair
- Clare Frances Alexander
- Lauren Christine Howard
- Simon Alexander Murray
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £175k | £520k |
| 31/12/2024 | £712k | £667k |
| 31/12/2023 | £245k | £398k |
| 31/12/2022 | £7.8m | £244k |
| 30/06/2021 | £25k | £25k |
Common questions
Is THE CHARLOTTE AITKEN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted free reserves of £6,710,127, which are being actively spent down over a planned period of around six years. The charity does not actively fundraise, relying entirely on investment returns from its endowment to cover charitable activities and governance costs. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £543k |
| ANGUISH'S EDUCATIONAL FOUNDATION | 1 | £118k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £111k |
| GOFUNDME.ORG.UK | 1 | £67k |
| NATIONAL ART COLLECTIONS FUND | 1 | £40k |
| Norwich Freemen's Charity | 1 | £20k |
| JOHN INNES FOUNDATION | 1 | £20k |
| THE T. S. ELIOT FOUNDATION | 1 | £16k |
Charities like this
- NEWCASTLE ARTS CENTRE TRUST LTD
- THE ARTANGEL TRUST
- THE GUY AND ELINOR MEYNELL CHARITABLE TRUST
- ARTSWORK LIMITED
- POETRY LONDON LTD
- THE CONWY ARTS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHARLOTTE AITKEN TRUST | £175k | — | 0 | unclear | — | no doubt |
| NEWCASTLE ARTS CENTRE TRUST LTD | £175k | — | 0 | unclear | — | no doubt |
| THE ARTANGEL TRUST | £1.4m | £90,001 - £100,000 | — | unclear | — | no doubt |
| THE GUY AND ELINOR MEYNELL CHARITABLE TRUST | £373k | — | 0 | unclear | — | no doubt |
| ARTSWORK LIMITED | £1.9m | — | — | unclear | — | no doubt |
| POETRY LONDON LTD | £130k | — | 0 | unclear | — | no doubt |