Isles of Scilly Charitable Trust comprising the Edward McDonald Fund and the Pilots Widows Fund
For such charitable institutions, organisations or purposes within the Isles of Scilly as the Trustees from time to time think fit.
Financial health, per its FY2025 accounts
The accounts state that total assets held by the Isles of Scilly Charitable Trust amounted to £248,188.44 as of 31 March 2025. The trustees' report indicates that the Trust complied with its reserves policy by maintaining cash balances above the stated £10,000 working target, with the majority of funds invested in various investment funds.
What the accounts disclose
“Under normal circumstances, the Trust will look to maintain a cash balance of £10,000 for immediate working purposes.” — page 2
Register events
- Received assets from another charity (06/10/2023)
Trustees
- Joel Williamschair
- Frances Grottick
- Rev CAROLE MARGARET HOLMES
- Rev Elizabeth Burke
- Sarah Pelistry Molison Hale
- Stephen Watt
- Tim Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £29k | £38k |
| 31/03/2024 | £39k | £42k |
| 31/03/2023 | £27k | £31k |
| 31/03/2022 | £16k | £18k |
| 31/03/2021 | £43k | £28k |
Common questions
Is Isles of Scilly Charitable Trust comprising the Edward McDonald Fund and the Pilots Widows Fund financially healthy?
Per its FY2025 accounts: The accounts state that total assets held by the Isles of Scilly Charitable Trust amounted to £248,188.44 as of 31 March 2025. The trustees' report indicates that the Trust complied with its reserves policy by maintaining cash balances above the stated £10,000 working target, with the majority of funds invested in various investment funds.