VICTOR MANN TRUST FUND
Give financial help to the elderly residents within the Wallsend Area of North Tyneside.
Financial health, per its FY2024 accounts
The accounts state that the charity is in a good financial position, holding unrestricted reserves of £1,189,229 against negligible expenditure. The trustees report that no reserves policy is held because the charity has very little expenditure and funds grants directly from investment income. The independent examiner confirmed that the accounts comply with applicable regulations and no material matters were identified.
What the accounts disclose
Trustees
- Cllr Carl Johnson
- Cllr Ian Grayson
- Cllr John Harrison
- Cllr Louise Marshall
- Cllr Tricia Neira
- James Barry Montague Cllr
- Julie Elizabeth Cruddas Cllr
- Nigel John Huscroft
- Wendy Lott Cllr
- cllr Charlie Gray
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £55k | £18k |
| 31/12/2023 | £178k | £14k |
| 31/12/2022 | £78k | £24k |
| 31/12/2021 | £26k | £22k |
| 31/12/2020 | £23k | £20k |
Common questions
Is VICTOR MANN TRUST FUND financially healthy?
Per its FY2024 accounts: The accounts state that the charity is in a good financial position, holding unrestricted reserves of £1,189,229 against negligible expenditure. The trustees report that no reserves policy is held because the charity has very little expenditure and funds grants directly from investment income. The independent examiner confirmed that the accounts comply with applicable regulations and no material matters were identified. Its FY2024 accounts were independently examined.