THE CHARLES AND ELSIE SYKES TRUST

Registered charity 1204728 · accounts filings on the Charity Commission register

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.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: North Yorkshire, Yorkshire and The Humber, England (from the postcode on the register)

Received the assets of THE CHARLES SYKES TRUST ALSO KNOWN AS THE CHARLES AND ELSIE SYKES TRUST (charity 206926) — merger registered 19/02/2026.
Source: Charity Commission register of merged charities (OGL v3.0).
Latest income
£669k
Latest spending
£878k
Registered
2023
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Related party transaction: Secretary Mr Neil Shaw is a partner in LCF Law, which provided secretarial services for £36,803.
“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
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Related party transaction: Treasurer Mr John Garbutt is a director at DSC Chartered Accountants, which provided accountancy services for £22,589.
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HPH Accountants LLP. Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

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

Source: this charity’s annual returns on the Charity Commission register.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£669k
Total spending
£878k
Cost of raising funds
£73k
Reserves (reported)
£235k
Employees
0

Reported reserves equal ~3.2 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 10.9% of total income — above the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England

Income and spending

Financial year endIncomeSpending
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

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE MACDONALD-BUCHANAN CHARITABLE TRUST1£120k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CHARLES SKEY CHARITABLE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE CHARLES AND ELSIE SYKES TRUST£669k—0below—no doubt
THE CHARLES SKEY CHARITABLE TRUST FY2025£351k—0above—no doubt
THE SIR HUGH AND LADY SYKES CHARITABLE TRUST FY2025£93k—0above—no doubt
THE CHARLOTTE HEBER-PERCY CHARITABLE TRUST FY2025£275k—0unclear—no doubt
THE SHAAREI CHESED TRUST FY2025£161k—0unclear—no doubt
THE ALEXANDER MOSLEY CHARITABLE TRUST FY2025£5.8m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.