DAVID AND ELIZABETH KERFOOT CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased significantly to £601,054, driven largely by the receipt of an investment property valued at £300,000. Free reserves remained low at £1,054, while the charity reported a net income of £296,713 against charitable expenditure of £18,401. The trustees confirmed adequate resources for the foreseeable future with no material uncertainties identified.
What the accounts disclose
“It is the charity's policy to maintain a balance on unrestricted funds which are sufficient to cover ongoing expenditure of the trust as may arise from time to time.” — page 3
“Donation of property valued £300,000 (2024 nil) was received from Kerfoot CS, of which David and Elizabeth Kerfoot are Directors.” — page 12
“Donations were received from David and Elizabeth Kerfoot, the settlors, in 2025 of nil (2024 £3,500).” — page 12
“Donation of property valued £300,000 (2024 nil) was received from Kerfoot CS, of which David and Elizabeth Kerfoot are Directors.” — page 12
“Donations were received from David and Elizabeth Kerfoot, the settlors, in 2025 of nil (2024 £3,500).” — page 12
Trustees
- DAVID ARNOLD KERFOOTchair
- ELEANOR JANE WADE
- ELIZABETH MARY KERFOOT
- JENNIFER ELIZABETH WOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £315k | £18k |
| 31/03/2024 | £13k | £10k |
| 31/03/2023 | £10k | £9k |
Common questions
Is DAVID AND ELIZABETH KERFOOT CHARITABLE TRUST financially healthy?
The accounts state that unrestricted reserves increased significantly to £601,054, driven largely by the receipt of an investment property valued at £300,000. Free reserves remained low at £1,054, while the charity reported a net income of £296,713 against charitable expenditure of £18,401. The trustees confirmed adequate resources for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were independently examined.