GEOFFREY OWEN DECEASED CHARITABLE TRUST
To benefit Quekett Microscopical Club
Objects
TO ADVANCE SUCH PURPOSES AS ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES THROUGH THE PROVISION OF GRANTS OF FINANCIAL ASSISTANCE IN ACCORDANCE WITH CLAUSE 5(C) OF THE WILL OF THE LATE GEOFFREY OWEN DATED 24 MAY 1988.
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £6,546 at the end of the reporting period, with a policy to maintain reserves to cover future needs and contingencies. The charity reported no funds in deficit and no uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“Ludlow Trust Company Ltd was paid £10,367 (2024: £10,100) for trust administration and cash management fees during the year under review.”
“Ludlow Trust Company Ltd was paid £10,367 (2024: £10,100) for trust administration and cash management fees during the year under review. These fees are authorised under clause 2 of the will.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- LUDLOW TRUST COMPANY LTD
- LUDLOW TRUST COMPANY LTD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 15/11/2025 | £43k | £50k |
| 15/11/2024 | £50k | £59k |
| 15/11/2023 | £37k | £46k |
| 15/11/2022 | £33k | £38k |
Common questions
Is GEOFFREY OWEN DECEASED CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £6,546 at the end of the reporting period, with a policy to maintain reserves to cover future needs and contingencies. The charity reported no funds in deficit and no uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.