Charity Accounts Intelreading the accounts so you don’t have to

THE RECORD CHARITABLE TRUST

Registered charity 1197459 · accounts filings on the Charity Commission register

To advance the education of young people throughout England and Wales, for the public benefit by making grants, awards, scholarships and bursaries to secondary school students in full-time education. To advance such other charitable purposes (according to the laws of England and Wales) as the trustees see fit from time to time

Causes: General Charitable Purposes · Education/training · Grant history (this charity is a funder) · Get email alerts

Latest income
£208k
Latest spending
£299k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held total funds of £3,726,598, comprising £3,708,673 in expendable endowment and £17,925 in unrestricted income. The trustees consider the unrestricted balance to be free reserves, which they wish to equate to a minimum of one year's scholarship bursaries. The filing confirms adequate resources for the foreseeable future with no material uncertainties regarding going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: a minimum of one year's scholarship bursaries (held: £18k)
“The Trustees consider the balance of Unrestricted Income Funds held to be free reserves and wish for this to equate to a minimum of one year's scholarship bursaries.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Neil Record, Trustee, donated investments to the charity. Note 3 discloses £1,183,000 in investments received, and Note 18 states: 'A generous donation of investments was given to the charity by Neil Record, Trustee.'
“A generous donation of investments was given to the charity by Neil Record, Trustee. As disclosed in Note 3, no conditions were attached to the donation requiring the charity to alter the nature of its activities in any way.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£208k£299k
05/04/2024£121k£251k
05/04/2023£110k£196k

Common questions

Is THE RECORD CHARITABLE TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity held total funds of £3,726,598, comprising £3,708,673 in expendable endowment and £17,925 in unrestricted income. The trustees consider the unrestricted balance to be free reserves, which they wish to equate to a minimum of one year's scholarship bursaries. The filing confirms adequate resources for the foreseeable future with no material uncertainties regarding going concern. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE BELLASIS TRUST1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CLSG BURSARY AND AWARDS FUND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE RECORD CHARITABLE TRUST£208k—0unclear—no doubt
CLSG BURSARY AND AWARDS FUND FY2025£1.4m—0above—no doubt
THE ROWLAND EDUCATIONAL FOUNDATION FY2025£378k—0above—no doubt
IAPS CHARITABLE TRUST FY2025£197k—0above—no doubt
EMANUEL SCHOOL GENERAL CHARITABLE TRUST FY2025£868k—0within—no doubt
WILLIAM PALMER COLLEGE EDUCATIONAL TRUST FY2025£260k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.