SIR JOHN PRIESTMAN CHARITY TRUST
The making of donations to any charitable institution for the benefit of any persons inhabitants of the county of durham and in particular of the county borough of sunderland. Building, maintaining and furnishing churches, mission halls and schools in the counties of durham and york.The relief,in necessitous circumunstances, of ministers of the church of england in the counties of durham and york.
Financial health, per its FY2024 accounts
The accounts state that total funds increased by £470,682 to £16,134,300, driven by significant investment gains, although unrestricted income fund reserves decreased by £48,453 to £275,872. The charity is dependent solely on investment income to fulfill its objects and maintains a reserves policy target of approximately 9-12 months of expenditure. The auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Income from UK investments 304,893” — page 11
“In reviewing the level of reserves the Trustees consider that reserves of approximately 9-12 months expenditure are appropriate.” — page 6
“During the year ended 31 December 2024 grants payable of £8,500 (2023: £8,500) were made to George Hudson’s Charity, a charity in which PW Taylor acts as Trustee. The Trustees are authorised to undertake these transactions under clause 9 of the 1931 Settlement.” — page 21
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- TIMOTHY RPS NORTONchair
- Frank Nicholson
- Jean Majer
- PETER WILSON TAYLOR
- THOMAS WILLIAM GREENWELL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £491k | £567k |
| 31/12/2023 | £541k | £676k |
| 31/12/2022 | £497k | £512k |
| 31/12/2021 | £550k | £484k |
| 31/12/2020 | £391k | £479k |
Common questions
Is SIR JOHN PRIESTMAN CHARITY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased by £470,682 to £16,134,300, driven by significant investment gains, although unrestricted income fund reserves decreased by £48,453 to £275,872. The charity is dependent solely on investment income to fulfill its objects and maintains a reserves policy target of approximately 9-12 months of expenditure. The auditors confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Armstrong Watson Audit Limited.
Who funds SIR JOHN PRIESTMAN CHARITY TRUST?
Funders whose own accounts filings name SIR JOHN PRIESTMAN CHARITY TRUST as a grant recipient include THE CHURCH LADS' AND CHURCH GIRLS' BRIGADE.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE CHURCH LADS' AND CHURCH GIRLS' BRIGADE | FY2023 | £788 | for North East Mini bus driver training |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £92k |
| FIRST IPC PRESBYTERY OF THE UNITED KINGDOM | 1 | £47k |
| THE SOLA TRUST | 1 | £6k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST NICHOLAS, SEVENOAKS | 1 | £2k |
| CBRE UK CHARITABLE TRUST | 1 | £750 |
Charities like this
- BETHANY CITY CHURCH SUNDERLAND
- THE JESMOND TRUST
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF TYNEMOUTH PRIORY HOLY SAVIOUR, TYNEMOUTH
- THE NORTHUMBRIA HISTORIC CHURCHES TRUST
- TRINITY CHURCH YORK
- NEWCASTLE DIOCESAN SOCIETY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SIR JOHN PRIESTMAN CHARITY TRUST | £491k | — | 0 | unclear | — | no doubt |
| BETHANY CITY CHURCH SUNDERLAND | £351k | — | 0 | above | — | no doubt |
| THE JESMOND TRUST | £1.4m | — | 0 | below | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF TYNEMOUTH PRIORY HOLY SAVIOUR, TYNEMOUTH | £241k | — | 0 | unclear | — | no doubt |
| THE NORTHUMBRIA HISTORIC CHURCHES TRUST | £456k | — | 0 | unclear | — | no doubt |
| TRINITY CHURCH YORK | £324k | — | 0 | above | — | no doubt |