THOMAS STANLEY SHIPMAN CHARITABLE TRUST
ASSISTANCE FOR THE RELIEF OF P0VERTY AND GENERAL CHARITABLE PURPOSES FOR THE BENEFIT OF RESIDENTS OF THE CITY AND COUNTY OF LEICESTER
Objects
TO PAY OR APPLY THE INCOME FOR SUCH CHARITABLE OBJECTS, PURPOSES OR INSTITUTIONS AS THE TRUSTEES IN THEIR DISCRETION THINK FIT. THE INCOME MAY BE USED FOR THE PURPOSE OF RELIEVING POVERTY BY GRANT OF PENSIONS AND OTHERWISE; TO BENEFIT ALSO EMPLOYEES OR EX-EMPLOYEES OF THE COMPANY.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds totalled £561,541 at year-end, which the Trustees consider to be considerably in excess of their reserves policy requirements. The charity reported a net income of £8,002 and confirmed it has adequate cash resources to finance operations and meet obligations throughout the current financial year.
What the accounts disclose
“It is the policy of the Trustees to maintain unrestricted funds, which include the free reserves of the Trust, at a level, which, in the event of a significant fall in income, would provide sufficient funds to meet the on-going operating expenditure.” — page 6
“Mr P B D Murray, a Trustee of this charity, manages the Market Harborough office of Redmayne Bentley LLP, the stockbroker for the Charity. During the year portfolio management fees of £6,647 (2024 £6,431) were charged by Redmayne Bentley LLP to the Trust.” — page 19
“Mr P B D Murray is a Trustee of The Thomas Stanley Shipman Charitable Trust. During the year, the Trust provided a grant of £2,000 (2024 £2,000) to John Heggs Bates Charity For Convalescents, a charity in which Mr P B D Murray is a current Trustee.” — page 19
“Mr P B D Murray, a Trustee of this charity, manages the Market Harborough office of Redmayne Bentley LLP, the stockbroker for the Charity. During the year portfolio management fees of £6,647 (2024 £6,431) were charged by Redmayne Bentley LLP to the Trust.” — page 19
“Mr P B D Murray is a Trustee of The Thomas Stanley Shipman Charitable Trust. During the year, the Trust provided a grant of £2,000 (2024 £2,000) to John Heggs Bates Charity For Convalescents, a charity in which Mr P B D Murray is a current Trustee.” — page 19
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
Trustees
- HUGH COLIN STEVENSONchair
- MARK THOMAS NEWBY
- PETER DOLEMAN
- Paul Brian Douglas Murray
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £65k | £89k |
| 31/05/2024 | £55k | £47k |
| 31/05/2023 | £55k | £87k |
| 31/05/2022 | £63k | £69k |
| 31/05/2021 | £48k | £69k |
Common questions
Is THOMAS STANLEY SHIPMAN CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds totalled £561,541 at year-end, which the Trustees consider to be considerably in excess of their reserves policy requirements. The charity reported a net income of £8,002 and confirmed it has adequate cash resources to finance operations and meet obligations throughout the current financial year. Its FY2025 accounts were audited by Somerbys Limited.