JAC TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves were £514,038 at the end of the year, with no stated reserves policy target. The charity reported a net expenditure of £2,081,067, largely driven by a significant loss on investment revaluations, while total funds decreased from £12.8 million to £10.7 million. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Note 13 shows details of a property gifted to the Trust by the JA Clark 1960 Settlement.” — page 27
“The current holding of C & J Clark Ltd ordinary shares is as follows: C & J Clark Ltd £1 ordinary shares 1,318,202” — page 24
“Note 13 shows details of a property gifted to the Trust by the JA Clark 1960 Settlement.” — page 27
“The current holding of C & J Clark Ltd ordinary shares is as follows: C & J Clark Ltd £1 ordinary shares 1,318,202” — page 24
“Note 13 shows details of a property gifted to the Trust by the JA Clark 1960 Settlement.” — page 27
“The current holding of C & J Clark Ltd ordinary shares is as follows: C & J Clark Ltd £1 ordinary shares 1,318,202” — page 24
Register events
- Received assets from another charity (24/05/2022)
Trustees
- WILLIAM HENRY BRIGHT PYMchair
- Aidan John Raymond Pelly
- Andrew Pym
- David Linehan
- Odette Clark Campbell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £188k | £1.2m |
| 31/12/2024 | £243k | £650k |
| 31/12/2023 | £204k | £882k |
| 31/12/2022 | £168k | £546k |
| 31/12/2021 | £160k | £574k |
Common questions
Is JAC TRUST financially healthy?
The accounts state that unrestricted reserves were £514,038 at the end of the year, with no stated reserves policy target. The charity reported a net expenditure of £2,081,067, largely driven by a significant loss on investment revaluations, while total funds decreased from £12.8 million to £10.7 million. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Sumer Audit.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HELPING FOUNDATION | 1 | £307k |