FREDERICK GEORGE DRAY, RESIDUARY ESTATE TRUST
The charity pays the income of the trust fund to four appointed charities in accordance with the governing documents.
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £20,264 at the end of the reporting period, compared to £171 in the previous year. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks, with no funds reported in deficit.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
“HSBC was paid £1,556 for trust administration and investment management fees during the year under review. These fees are authorised under clause 2 of the trust deed.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 14/09/2025 | £54k | £35k |
| 05/04/2024 | £51 | £0 |
| 05/04/2023 | £29k | £29k |
| 05/04/2022 | £43 | £33 |
| 05/04/2021 | £27k | £27k |
Common questions
Is FREDERICK GEORGE DRAY, RESIDUARY ESTATE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £20,264 at the end of the reporting period, compared to £171 in the previous year. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks, with no funds reported in deficit. Its FY2025 accounts were independently examined.