PATRIK'S TRUST

Registered charity 1187536 · accounts filings on the Charity Commission register

The objects of the Trust are met through the activities of:- Purchasing buildings and making them available for low or no rents to organisations meeting this need.- Where necessary developing the purchased buildings to make them suitable to meet the objects.- Provision of grants to organisations meeting this need.

Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · Get email alerts

Latest income
£35k
Latest spending
£24k
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity has negative free reserves of £320,352 due to a long-term loan used to purchase social investment property. Despite this negative free reserves position, the trustees report a surplus for the year and confirm the adoption of the going concern basis, citing adequate resources for the foreseeable future.

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

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £-320k)
The reserves balance is £1,279,648 as at 31 March 2025 (2024: £1,268,186). £1,600,000 of reserves is the investment in Lynsters farm so the free reserves balance is negative £320,352. — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustees raised funds via bike ride.
Two of the Trustees undertook a bike ride to raise funds for the Trust, and raised £4,048. — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2021)

Total income
£1.1m
Total spending
£6k
Reserves (reported)
£1.1m
Employees
0

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£35k£24k
31/03/2024£241k£83k
31/03/2023£31k£35k
31/03/2022£16k£34k
31/03/2021£1.1m£6k

Common questions

Is PATRIK'S TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity has negative free reserves of £320,352 due to a long-term loan used to purchase social investment property. Despite this negative free reserves position, the trustees report a surplus for the year and confirm the adoption of the going concern basis, citing adequate resources for the foreseeable future. Its FY2025 accounts were independently examined.