THE CLEMENCE CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of income of £39,112 for the year ended 5 April 2025, driven by a large legacy and increased grant making. Total funds increased to £342,876, with unrestricted reserves held as expendable endowment. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees aim to retain a minimum level of reserves sufficient to ensure that the charity can meet all future forecast operational expenditure, and without a maximum, seeking to grow the charity’s invested funds, and annual income.” — page 3
Trustees
- James Robert Edward Kerr CLEMENCE
- Jonathan Michael Offer Clemence
- William John Clemence
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £254k | £215k |
| 05/04/2024 | £21k | £16k |
| 05/04/2023 | £65k | £72k |
| 05/04/2022 | £336k | £7k |
| 05/04/2021 | £125 | £500 |
Common questions
Is THE CLEMENCE CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a surplus of income of £39,112 for the year ended 5 April 2025, driven by a large legacy and increased grant making. Total funds increased to £342,876, with unrestricted reserves held as expendable endowment. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JORDAN CHARITABLE FOUNDATION | 1 | £20k |