THE TALISMAN CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £705,654 for the year ended 5 April 2025, driven primarily by net losses on investments of £702,430. Despite this loss, the charity maintains unrestricted free reserves of £184,030, which the trustees confirm falls within their stated policy parameters of 10% to 80% of total net income. The trustees express a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees consider it prudent to maintain a target level of free reserves in unrestricted funds, which is no lower than 10% and no greater than 80% of the total net income, prior to deducting costs relating to charitable activities, as shown in the Statement of Financial Activities of the preceding year's annual accounts.” — page 6
Trustees
- philip denmanchair
- Dr FRANCESCA MARIE-CAROLA DENMAN
- NICHOLAS JERMYN WOLSTAN CAINE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £330k | £334k |
| 05/04/2024 | £318k | £342k |
| 05/04/2023 | £270k | £243k |
| 05/04/2022 | £231k | £230k |
| 05/04/2021 | £235k | £181k |
Common questions
Is THE TALISMAN CHARITABLE TRUST financially healthy?
The accounts state that the charity reported a net loss of £705,654 for the year ended 5 April 2025, driven primarily by net losses on investments of £702,430. Despite this loss, the charity maintains unrestricted free reserves of £184,030, which the trustees confirm falls within their stated policy parameters of 10% to 80% of total net income. The trustees express a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Peters Elworthy & Moore.