THE ACCOMPLISHMENT TRUST

Registered charity 1206497 · accounts filings on the Charity Commission register

Latest income
£166k
Latest spending
£160k
Registered
2024
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that free reserves were £15,035, with additional bank balances of £130,327 and investments valued at £2,599,549 within the expendable endowment fund. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the keeping of accounting records.

What the accounts disclose

Reserves policy: 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 (held: £15k)
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.
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company Ltd paid £14,362 for trust administration and cash management fees.
Ludlow Trust Company Ltd was paid £14,362 for trust administration and cash management fees during the year under review. These fees are authorised under clause 9 of the trust deed.
Sir Michael Barber declared that he is the Chancellor of the University of Exeter and therefore did not take part in the decision to award the grant.
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Sir Michael Barber declared interest as Chancellor of University of Exeter regarding a grant to the University.
Ludlow Trust Company Ltd was paid £14,362 for trust administration and cash management fees during the year under review. These fees are authorised under clause 9 of the trust deed.
Sir Michael Barber declared that he is the Chancellor of the University of Exeter and therefore did not take part in the decision to award the grant.
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Sir Michael Barber declared interest as Chairman of Somerset County Cricket Club regarding a grant to Somerset Cricket Foundation.
Ludlow Trust Company Ltd was paid £14,362 for trust administration and cash management fees during the year under review. These fees are authorised under clause 9 of the trust deed.
Sir Michael Barber declared that he is the Chancellor of the University of Exeter and therefore did not take part in the decision to award the grant.
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Alys Barber did not participate in grant decisions due to kinship with Sir Michael Barber.
Ludlow Trust Company Ltd was paid £14,362 for trust administration and cash management fees during the year under review. These fees are authorised under clause 9 of the trust deed.
Sir Michael Barber declared that he is the Chancellor of the University of Exeter and therefore did not take part in the decision to award the grant.
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
12/12/2025£166k£160k
12/12/2024£88k£82k

Common questions

Is THE ACCOMPLISHMENT TRUST financially healthy?

The accounts state that free reserves were £15,035, with additional bank balances of £130,327 and investments valued at £2,599,549 within the expendable endowment fund. The trustees pursue a policy of maintaining free reserves to cover future needs, opportunities, contingencies, and risks. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts or the keeping of accounting records. Its FY2025 accounts were independently examined.

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