THE RECORD CHARITABLE TRUST
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.
What the accounts disclose
“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.”
“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
Trustees
- Neil Peter Recordchair
- Katy Alison Wealthall Carver
- Robert William Record
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £208k | £299k |
| 05/04/2024 | £121k | £251k |
| 05/04/2023 | £110k | £196k |
Common questions
Is THE RECORD CHARITABLE TRUST financially healthy?
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.