THE BADLEY MEMORIAL TRUST
The organisation makes grants for the supply of white goods, beds, mattresses and flooring to persons resident in the former County Borough of Dudley who are in need by virtue of a disability (physical or mental) and in financial need.
Objects
3. OBJECTSTHE OBJECTS OF THE CIO ARE:3.1. THE RELIEF OF SICKNESS AND THE PRESERVATION OF HEALTH; AND3.2. THE RELIEF OF THOSE IN NEED BY REASON OF ILL-HEALTH OR DISABILITY,AMONG PEOPLE RESIDING PERMANENTLY OR TEMPORARILY IN THE METROPOLITAN BOROUGH OF DUDLEY (?THE AREA OF BENEFIT?) BY SUCH CHARITABLE MEANS AS THE TRUSTEES SHALL FROM TIME TO TIME THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £2,671,506.57, which the trustees consider sufficient to cover one year of administrative and professional expenses in case of investment volatility. The charity does not actively fundraise and relies entirely on investment income, which was £83,261.48 for the year. The trustees confirm that resources are adequate to meet obligations as they fall due.
What the accounts disclose
“Dividends - UK equitities 80,196” — page 13
“They have decided to build up a pot of reserves equivalent to one year’s administrative and professional expenses but excluding grant commitments.”
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
Trustees
- David John Stanleychair
- ALAN JOHNSON
- COUNCILLOR ANNE ELIZABETH MILLWARD
- Cllr Elaine Ann Taylor
- Julie Dawn Bull
- MICHAEL SHAW
- MICHAEL STUART WILLIAMS
- NICOLAS ANTHONY BARLOW
- STEPHEN JAMES WALTHO MBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £83k | £59k |
| 31/03/2024 | £0 | £0 |
Common questions
Is THE BADLEY MEMORIAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £2,671,506.57, which the trustees consider sufficient to cover one year of administrative and professional expenses in case of investment volatility. The charity does not actively fundraise and relies entirely on investment income, which was £83,261.48 for the year. The trustees confirm that resources are adequate to meet obligations as they fall due. Its FY2025 accounts were independently examined.