NICHOLAS WATTS' GIFT

Registered charity 203271 · accounts filings on the Charity Commission register · also known as BROWNSDON AND TREMAYNE ESTATE

To distribute income arising from the Estate of Mr N Watts in accordance with the terms of the decesased's Will and Scheme set up in 1985.

Causes: The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£30k
Latest spending
£11k
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds significant non-monetary investment assets valued at £836,575.61, with total funds available for distribution exceeding £142,000 across its restricted funds. The trustees report a surplus of receipts over payments for the year, indicating that income from assets exceeded charitable distributions and governance costs.

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

What the accounts disclose

Reserves policy: invest surplus reserves available for distribution in investments which provide a reasonable rate of return without compromising on accessibility (held: £144k)
The Trustees' policy is to invest surplus reserves available for distribution in investments which provide a reasonable rate of return without compromising on accessibility. — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Devon

Income and spending

Financial year endIncomeSpending
30/06/2025£30k£11k
30/06/2024£29k£5k
30/06/2023£27k£11k
30/06/2022£27k£14k
30/06/2021£26k£16k

Common questions

Is NICHOLAS WATTS' GIFT financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds significant non-monetary investment assets valued at £836,575.61, with total funds available for distribution exceeding £142,000 across its restricted funds. The trustees report a surplus of receipts over payments for the year, indicating that income from assets exceeded charitable distributions and governance costs. Its FY2025 accounts were independently examined.