THE DECOY TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity holds total unrestricted funds of £295,341, though it reports net current liabilities of £7,314 due to private loans. The trustees maintain that reserves are kept as low as possible to maximize charitable grants and have received assurance from creditors that loans will not be called in detriment to the charity.
What the accounts disclose
“trustees wish to keep reserves as low as possible in order to maximise its charitable grants.” — page 5
“Mr C Englard & Mrs R Englard, directors and trustees of The Decoy Trust are also trustees of Filey Foundation Ltd. During the year, Filey Foundation Ltd donated £1,140 to The Decoy Trust.” — page 18
“Mr C Englard & Mrs R Englard, directors and trustees of The Decoy Trust are also trustees of Filey Foundation Ltd. In a previous year, Filey Foundation Ltd lent £222,000 to The Decoy Trust. This was all repaid during the year.” — page 18
“Mr C Englard & Mrs R Englard, directors and trustees of The Decoy Trust are also trustees of Filey Foundation Ltd. During the year, Filey Foundation Ltd donated £1,140 to The Decoy Trust.” — page 18
“Mr C Englard & Mrs R Englard, directors and trustees of The Decoy Trust are also trustees of Filey Foundation Ltd. In a previous year, Filey Foundation Ltd lent £222,000 to The Decoy Trust. This was all repaid during the year.” — page 18
Register events
- Received assets from another charity (20/02/2024)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £154k | £90k |
| 31/12/2023 | £116k | £47k |
| 31/12/2022 | £161k | £4k |
Common questions
Is THE DECOY TRUST financially healthy?
The accounts state that the charity holds total unrestricted funds of £295,341, though it reports net current liabilities of £7,314 due to private loans. The trustees maintain that reserves are kept as low as possible to maximize charitable grants and have received assurance from creditors that loans will not be called in detriment to the charity. Its FY2024 accounts were independently examined.
Who funds THE DECOY TRUST?
Funders whose own accounts filings name THE DECOY TRUST as a grant recipient include FILEY FOUNDATION LTD.
Shared trustees with funders
- MR C ENGLARD — trustee here and at FILEY FOUNDATION LTD
- MRS R ENGLARD — trustee here and at FILEY FOUNDATION LTD
Known funders
| Funder | Year | Amount |
|---|---|---|
| FILEY FOUNDATION LTD | FY2023 | £260k |
| FILEY FOUNDATION LTD | FY2024 | £18k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASHKELON FOUNDATION | 1 | £438k |
| THE ROZAC CHARITABLE TRUST | 1 | £9k |
| The Edge Ministries | 1 | £6k |
| MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED | 1 | £5k |
| THE LAUFFER FAMILY CHARITABLE TRUST | 1 | £1k |