Charity Accounts Intelreading the accounts so you don’t have to

THE HEATHCOAT TRUST

Registered charity 203367 · accounts filings on the Charity Commission register

Latest income
£954k
Latest spending
£973k
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted funds decreased to £5,542,219 from £5,658,704 in the prior year, driven by a net expenditure that included significant investment losses. The trustees consider the reserve fund sufficient for the time being, noting that its value fluctuates with market conditions due to unrealized gains and losses. The charity maintains a strong financial base through professionally managed investments and continues to distribute grants to fulfill its charitable objectives.

What the accounts disclose

Reserves policy: sufficient for the time being (held: £5.5m)
“The trustees consider the reserve fund to be sufficient for the time being but as unrealised gains and losses are reflected through this fund its value will fluctuate with market conditions at each year end.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Westcotts (SW) LLP.

Structured financials (annual return, FY ending 05/04/2025)

Total income
£954k
Total spending
£973k
Cost of raising funds
£130k
Reserves (reported)
£5.5m
Employees
1

Reported reserves equal ~68.4 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Cornwall · Devon

Income and spending

Financial year endIncomeSpending
05/04/2025£954k£973k
05/04/2024£931k£871k
05/04/2023£954k£875k
05/04/2022£879k£806k
05/04/2021£683k£775k

Common questions

Is THE HEATHCOAT TRUST financially healthy?

The accounts state that unrestricted funds decreased to £5,542,219 from £5,658,704 in the prior year, driven by a net expenditure that included significant investment losses. The trustees consider the reserve fund sufficient for the time being, noting that its value fluctuates with market conditions due to unrealized gains and losses. The charity maintains a strong financial base through professionally managed investments and continues to distribute grants to fulfill its charitable objectives. Its FY2025 accounts were audited by Westcotts (SW) LLP.

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
SIR JOSEPH WILLIAMSON'S CHARITABLE TRUST1£62k
DINA PERELMAN TRUST LIMITED1£10k
RICHARD WATTS AND THE CITY OF ROCHESTER ALMSHOUSE CHARITIES1£100

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SIR JOSEPH WILLIAMSON'S CHARITABLE TRUST.