RADSTOCK TRUST CIO
Latest income
£186k
Latest spending
£526k
Registered
2020
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total funds stood at £8,471,236, comprising an Endowment Fund of £8,468,824 and a General Fund of £2,412. The trustees consider the financial position satisfactory, noting the charity can continue its objects from expected investment income and capital.
What the accounts disclose
Reserves policy: sufficient funds as a reserve to cover the normal expenditure of the management of the CIO and to even out charitable donations as necessary (held: £2k)
“The Trustees’ Reserves Policy is to retain sufficient funds as a reserve to cover the normal expenditure of the management of the CIO and to even out charitable donations as necessary.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Mr E J Harris, a trustee, was an employee of Lifewords, a connected charity. He absented himself from decision-making regarding grants to Lifewords. Lifewords received £320,000 in grants.
“Until February 2025 Mr E J Harris was an employee of the charity Lifewords which benefits from the CIO’s grant funding. Mr Harris absented himself from the decision-making process when grants to the connected charity were discussed. During the year Lifewords received grants from the CIO of £320,000” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Register events
- Received assets from another charity (19/05/2021)
Trustees
- DORIS HUMPHREY
- EDUARDO JUAN HARRIS
- GEOFFREY RICHARD NORRIS
- Martin James Lacey
- Rev GEOFFREY THOMAS COYNE
- Rosemary Joan Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £186k | £526k |
| 31/12/2023 | £196k | £485k |
| 31/12/2022 | £184k | £498k |
| 31/12/2021 | £189k | £457k |
Common questions
Is RADSTOCK TRUST CIO financially healthy?
The accounts state that total funds stood at £8,471,236, comprising an Endowment Fund of £8,468,824 and a General Fund of £2,412. The trustees consider the financial position satisfactory, noting the charity can continue its objects from expected investment income and capital. Its FY2024 accounts were independently examined.