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SIR JOHN PRIESTMAN CHARITY TRUST

Registered charity 209397 · accounts filings on the Charity Commission register

Latest income
£491k
Latest spending
£567k
Registered
1962
Accounts read
FY2024

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

Reserves policy: approximately 9-12 months expenditure (held: £276k)
“In reviewing the level of reserves the Trustees consider that reserves of approximately 9-12 months expenditure are appropriate.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to charity where trustee is also trustee
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Armstrong Watson Audit Limited.

Structured financials (annual return, FY ending 31/12/2023)

Total income
£541k
Total spending
£676k
Cost of raising funds
£45k
Reserves (reported)
£345k
Employees
0

Reported reserves equal ~6.1 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Durham · Sunderland

Income and spending

Financial year endIncomeSpending
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?

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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
THE CHURCH LADS' AND CHURCH GIRLS' BRIGADEFY2023£788

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
ST HILD AND ST BEDE TRUST1£831k
CHARITY OF SIR RICHARD WHITTINGTON1£32k
CBRE UK CHARITABLE TRUST1£750

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE JESMOND TRUST.