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THE 29TH MAY 1961 CHARITY

Registered charity 200198 · accounts filings on the Charity Commission register · also known as THE 29TH MAY 1961 CHARITABLE TRUST

Latest income
£6.0m
Latest spending
£6.0m
Registered
1961
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity's net assets decreased from £131,100,228 to £129,013,260 due to grants awarded exceeding available income, despite positive investment gains. The trustees maintain that the expendable endowment fund will grow sufficiently over time to meet investment objectives and sustain grant-giving capacity. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: The trustees set an annual budget for grants to be awarded of approximately 4% of the two-year average value of the fund... intended that the expendable endowment fund will grow sufficiently over net grants awarded by a margin above inflation (held: £129.0m)
“The trustees set an annual budget for grants to be awarded of approximately 4% of the two-year average value of the fund. This budget is primarily derived from income, with the balance being drawn from capital. In this way it is intended that the expendable endowment fund will grow sufficiently over net grants awarded by a margin above inflation in order to meet the trustees’ investment objectives so that the grant giving capacity of the charity will not diminish in real terms.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by HB &O Limited.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£6.0m
Total spending
£6.0m
Cost of raising funds
£889k
Reserves (reported)
£0
Employees
0

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£6.0m£6.0m
31/03/2024£6.3m£6.3m
05/04/2023£5.3m£5.3m
05/04/2022£6.2m£6.2m
05/04/2021£5.7m£5.7m

Common questions

Is THE 29TH MAY 1961 CHARITY financially healthy?

The accounts state that the charity's net assets decreased from £131,100,228 to £129,013,260 due to grants awarded exceeding available income, despite positive investment gains. The trustees maintain that the expendable endowment fund will grow sufficiently over time to meet investment objectives and sustain grant-giving capacity. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by HB &O Limited.

Who funds THE 29TH MAY 1961 CHARITY?

Funders whose own accounts filings name THE 29TH MAY 1961 CHARITY as a grant recipient include CURE LEUKAEMIA.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
CURE LEUKAEMIAFY2022£130k
CURE LEUKAEMIAFY2024£500

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
DEBMAR BENEVOLENT TRUST LIMITED1£190k
BEIS MENACHEM CHABAD LUBAVITCH1£102k
RNH SYNAGOGUE & COLLEGE LTD1£75k
YESHIVAS LUBAVITCH MANCHESTER1£20k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE G W CADBURY SECTION CHARITABLE TRUST.