THE CORDON CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity held total funds of £398,218, comprising an expendable endowment fund of £397,953 and unrestricted free reserves of only £265. The trustees report that they do not consider it necessary to maintain significant free reserves given the availability of the expendable endowment, and they confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Given the availability of the expendable endowment fund the trustees do not consider that the charity needs to maintain any significant free reserves although they recognise that such reserves will arise from time to time. As at 29 August 2025 the charity’s total funds amounted to £298,218 with free reserves £265.” — page 4
“During the year under review, donations received from the settlors amounted to £814,770 with £5,000 gift aid claimed.” — page 12
“During the year under review Ludlow Trust Company Limited charged £5,179 for administration services with £591 accrued at the balance sheet date. These fees are authorised under section 9.2 of the trust deed.” — page 12
“During the year under review, donations received from the settlors amounted to £814,770 with £5,000 gift aid claimed.” — page 12
“During the year under review Ludlow Trust Company Limited charged £5,179 for administration services with £591 accrued at the balance sheet date. These fees are authorised under section 9.2 of the trust deed.” — page 12
Trustees
- Sir Donald Hood Brydon CBEchair
- LUDLOW TRUST COMPANY (SOUTHAMPTON) LTD
- Lady Corrine Susan Jane Brydon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/08/2025 | £320k | £319k |
Common questions
Is THE CORDON CHARITABLE TRUST financially healthy?
The accounts state that the charity held total funds of £398,218, comprising an expendable endowment fund of £397,953 and unrestricted free reserves of only £265. The trustees report that they do not consider it necessary to maintain significant free reserves given the availability of the expendable endowment, and they confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JD FOUNDATION | 1 | £561k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |