THE PATRICK TRUST
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds decreased from £11,931,559 to £11,811,576 due to a net expenditure of £119,983, driven by a significant unrealized investment loss. The trustees confirm that assets are sufficient to meet obligations and there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“J A Pritchard, H P Cole and L Pritchard are directors of PMG Investments Limited and are remunerated by that company. Collectively they were paid emoluments by the company for services rendered in the year ended 5 April 2025 totalling £108,340 (2024: £70,020).” — page 15
“Shares in group undertakings consist of an investment in the subsidiary company PMG Investments Limited. The principal activity of PMG Investments Limited is the letting of office and commercial property.” — page 17
Structured financials (annual return, FY ending 05/04/2022)
Trustees
- Amanda Jane Pillinger
- Camilla Joan Smart
- HEATHER PATRICIA COLE
- JULIAN ANDREW PRITCHARD
- Laura Louise Pritchard
- Simon Jeremy Smart
- WILLIAM BOND-WILLIAMS BSC
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £326k | £260k |
| 05/04/2024 | £245k | £192k |
| 05/04/2023 | £347k | £230k |
| 05/04/2022 | £3.7m | £440k |
| 05/04/2021 | £110k | £87k |
Common questions
Is THE PATRICK TRUST financially healthy?
The accounts state that total unrestricted funds decreased from £11,931,559 to £11,811,576 due to a net expenditure of £119,983, driven by a significant unrealized investment loss. The trustees confirm that assets are sufficient to meet obligations and there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Thomas and Young Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CORAM LIFE EDUCATION | 1 | £5k |