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.
Objects
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
Policies the charity declares
- Financial reserves policy and procedures
- Safeguarding policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Government income: £20,500 — grants £20,500 (4); 72% of the £28,670 total gross income on the same return
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Government income: £20,860 — grants £20,860 (3); 54% of the £38,598 total gross income on the same return
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Government income: £10,314 — grants £10,314 (1); 39% of the £26,511 total gross income on the same return
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/03/2023 (received 01/08/2024, 183 days after the 31/01/2024 due date).
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL SOCIETY OF WILDLIFE TRUSTS | 1 | £140k |
| THE ARCHITECTURAL HERITAGE FUND | 1 | £20k |
| THE LEACH FOURTEENTH TRUST | 1 | £3k |
| ASSOCIATION OF INDEPENDENT MUSEUMS | 1 | £1k |
Charities like this
- THE ISLES OF SCILLY MEDICAL LAUNCH TRUST
- THE ISLES OF SCILLY MEDICAL CENTRE TRUST
- THE ISLES OF SCILLY MUSEUM ASSOCIATION
- THE S AND Y CHARITABLE TRUST
- ISLES OF SCILLY WILDLIFE TRUST LIMITED
- THE SAM MORLEY CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Isles of Scilly Charitable Trust comprising the Edward McDonald Fund and the Pilots Widows Fund | £29k | — | 0 | above | — | no doubt |
| THE ISLES OF SCILLY MEDICAL LAUNCH TRUST | £20k | — | 0 | unclear | — | no doubt |
| THE ISLES OF SCILLY MEDICAL CENTRE TRUST | £39k | — | 0 | unclear | — | no doubt |
| THE ISLES OF SCILLY MUSEUM ASSOCIATION | £232k | — | 0 | below | — | no doubt |
| THE S AND Y CHARITABLE TRUST | £113k | — | 0 | unclear | — | no doubt |
| ISLES OF SCILLY WILDLIFE TRUST LIMITED | £757k | — | 0 | unclear | — | no doubt |