SEAVIEW CHARITABLE TRUST
General Charitable Purposes. Trust is open to applications. Please submit your application to https://funding.ludlowtrust.com
Financial health, per its FY2026 accounts
The accounts state that total incoming resources were £29,916, while grants awarded totaled £90,500, with the shortfall funded by a transfer from expendable endowment funds. At year-end, the charity held unrestricted free reserves of £22,714 and an expendable endowment fund with a market value of £2,631,135. The trustees report no funds in deficit and no material uncertainties regarding the charity's continuation.
What the accounts disclose
“Total incoming resources for the year were £29,916 (2025: £34,647), comprising investment income and bank interest.”
“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 Limited was paid £12,232 (2025: £14,164) for trust administration and cash management fees during the year under review. These fees are authorised under clause 9 of the trust deed.”
Trustees
- Christina Elliott
- Jonathan Elliott
- Ludlow Trust Company Ltd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 11/04/2026 | £102k | £114k |
| 11/04/2025 | £99k | £101k |
| 11/04/2024 | £21k | £80k |
Common questions
Is SEAVIEW CHARITABLE TRUST financially healthy?
Per its FY2026 accounts: The accounts state that total incoming resources were £29,916, while grants awarded totaled £90,500, with the shortfall funded by a transfer from expendable endowment funds. At year-end, the charity held unrestricted free reserves of £22,714 and an expendable endowment fund with a market value of £2,631,135. The trustees report no funds in deficit and no material uncertainties regarding the charity's continuation. Its FY2026 accounts were independently examined.