THE NORTHCOTE TRUST
Provides funds for potential University students to enable them to study at Australian Universities.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £187,529, which represent its free reserves. The trustees report a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, citing a net gain of £701,628 driven by investment surpluses. The charity's total funds increased to £5,194,443, with the majority held in an expendable endowment fund.
What the accounts disclose
“Principal funding came from the investment income arising on the Trust's investment portfolio.” — page 4
Funders the charity credits
Trustees
- Dr Margaret Mayston AMchair
- Dr Hilary Emmett
- Dr Simon Sleight
- Olga Belinda Hancock
- Paul Madden CMG FRGS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £179k | £207k |
| 31/12/2024 | £209k | £187k |
| 31/12/2023 | £200k | £152k |
| 31/12/2022 | £185k | £167k |
| 31/12/2021 | £152k | £144k |
Common questions
Is THE NORTHCOTE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £187,529, which represent its free reserves. The trustees report a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, citing a net gain of £701,628 driven by investment surpluses. The charity's total funds increased to £5,194,443, with the majority held in an expendable endowment fund. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE TOMLINSON FAMILY CHARITABLE TRUST | 1 | £225k |
| The Brindle Foundation | 1 | £14k |
| DAVID FORBES-NIXON FAMILY CHARITABLE FOUNDATION | 1 | £9k |
Charities like this
- NORTH WEST YOUNG PEOPLES DEVELOPMENT TRUST
- BECKETT'S AND SARGEANT'S EDUCATIONAL FOUNDATION
- THE SIR JAMES KNOTT TRUST
- NORTHWESTERN UNIVERSITY (USA) FOUNDATION LIMITED
- BRAMBLETYE SCHOOL TRUST LIMITED
- CLIFTON COLLEGE DEVELOPMENT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NORTHCOTE TRUST | £179k | — | 0 | unclear | — | no doubt |
| NORTH WEST YOUNG PEOPLES DEVELOPMENT TRUST | £228k | — | 0 | unclear | — | no doubt |
| BECKETT'S AND SARGEANT'S EDUCATIONAL FOUNDATION | £284k | — | 0 | unclear | — | no doubt |
| THE SIR JAMES KNOTT TRUST | £3.8m | — | 0 | unclear | — | no doubt |
| NORTHWESTERN UNIVERSITY (USA) FOUNDATION LIMITED | £399k | — | 0 | below | — | no doubt |
| BRAMBLETYE SCHOOL TRUST LIMITED | £6.3m | — | — | above | — | no doubt |