THE CHARLES AND ELSIE SYKES TRUST
TO FURTHER SUCH CHARITABLE PURPOSES FOR SUCH CHARITIES, AND SUCH PERSONS BEING BY REASON OF POVERTY IN THE OPINION OF THE TRUSTEES IN NEED OF CHARITABLE RELIEF, AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION SELECT.
Objects
TO FURTHER SUCH CHARITABLE PURPOSES FOR SUCH CHARITIES, AND SUCH PERSONS BEING BY REASON OF POVERTY IN THE OPINION OF THE TRUSTEES IN NEED OF CHARITABLE RELIEF, AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION SELECT.
Financial health, per its FY2025 accounts
The charity's unrestricted reserves fell to £235,107, which is below the trustees' stated policy target of maintaining reserves equal to half a year's net income excluding grants. Despite this decrease, the total funds held increased significantly due to investment gains, and the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“There was a 36.6% decrease in the unrestricted reserves to £235,107 (2024: £370,880). This puts unrestricted reserves at 39% (2024: 52%) as a percentage of unrestricted net income excluding grants payable.” — page 14
“The Trust's secretary, Mr Neil Shaw, is also a partner in LCF Law who act as solicitors for the CIO. For the secretarial services provided by his firm, fees were incurred during the year amounting to £36,803 (2024: £37,697) which were inclusive of VAT.” — page 37
“Mr John Garbutt acts as the treasurer and is a director at DSC Chartered Accountants who also act for the CIO as accountants and tax advisors. For the treasurer's duties, fees were incurred during the year amounting to £22,589 (2024: £21,720) which were inclusive of VAT.” — page 37
“The Trust's secretary, Mr Neil Shaw, is also a partner in LCF Law who act as solicitors for the CIO. For the secretarial services provided by his firm, fees were incurred during the year amounting to £36,803 (2024: £37,697) which were inclusive of VAT.” — page 37
“Mr John Garbutt acts as the treasurer and is a director at DSC Chartered Accountants who also act for the CIO as accountants and tax advisors. For the treasurer's duties, fees were incurred during the year amounting to £22,589 (2024: £21,720) which were inclusive of VAT.” — page 37
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (19/02/2026)
Trustees
- DAVID STANLEY MEADchair
- Dr DAVID JULIAN LEINHARDT
- Dr Elizabeth Mary Rimmer
- Elaine Morrison
- Nicholas Charles Rust
- Nicola Mercer
- Richard Jonathan Newton
- SEAN RUSHTON
- Sara Louise Buchan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £669k | £878k |
| 31/12/2024 | £790k | £1.1m |
Common questions
Is THE CHARLES AND ELSIE SYKES TRUST financially healthy?
Per its FY2025 accounts: The charity's unrestricted reserves fell to £235,107, which is below the trustees' stated policy target of maintaining reserves equal to half a year's net income excluding grants. Despite this decrease, the total funds held increased significantly due to investment gains, and the trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by HPH Accountants LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MACDONALD-BUCHANAN CHARITABLE TRUST | 1 | £120k |
Charities like this
- THE CHARLES SKEY CHARITABLE TRUST
- THE SIR HUGH AND LADY SYKES CHARITABLE TRUST
- THE CHARLOTTE HEBER-PERCY CHARITABLE TRUST
- THE SHAAREI CHESED TRUST
- THE ALEXANDER MOSLEY CHARITABLE TRUST
- THE CYRIL SHACK TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHARLES AND ELSIE SYKES TRUST | £669k | — | 0 | below | — | no doubt |
| THE CHARLES SKEY CHARITABLE TRUST | £351k | — | 0 | above | — | no doubt |
| THE SIR HUGH AND LADY SYKES CHARITABLE TRUST | £93k | — | 0 | above | — | no doubt |
| THE CHARLOTTE HEBER-PERCY CHARITABLE TRUST | £275k | — | 0 | unclear | — | no doubt |
| THE SHAAREI CHESED TRUST | £161k | — | 0 | unclear | — | no doubt |
| THE ALEXANDER MOSLEY CHARITABLE TRUST | £5.8m | — | 0 | unclear | — | no doubt |