THE SIR THOMAS WHITE LOAN CHARITY

Registered charity 218061 · accounts filings on the Charity Commission register · also known as SIR THOMAS WHITE LOAN CHARITY, THE LOAN CHARITIES OF SIR THOMAS WHITE, ROBERT HEYRICK AND JOHN PARKER

The Charity loans amounts up to £20,000 interest free for nine years to persons aged over 18 and under 45 setting up their own business within Leicester(shire) or Rutland, Loans for post-graduate education up to £10,000, interest free for nine years to persons aged over 18 and under 45, who have lived in Leicester(shire)/Rutland for at least 3 years.

Objects

THE OBJECTS OF THE CHARITY ARE, FOR THE PUBLIC BENEFIT, TO MAKE INTEREST FREE LOANS (THE AMOUNT OF WHICH, THE REPAYMENT PERIOD AND OTHER CONDITIONS OR REGULATIONS ARE TO BE DETERMINED FROM TIME TO TIME BY THE TRUSTEES) OR GRANTS FOR THE PURPOSE OF ESTABLISHING IN THEIR CHOSEN OCCUPATION OR WAY OF LIFE, PERSONS OF NOT MORE THAN 45 YEARS OF AGE WHO ARE RESIDENT, EMPLOYED OR CARRYING ON BUSINESS IN THE AREA OF BENEFIT, WITH A PREFERENCE FOR THOSE IN THE CITY OF LEICESTER, PROVIDED THAT THE CHARITY SHALL ONLY MAKE GRANTS OUT OF ANY ASSETS OF THE CHARITY WHICH, IN THE OPINION OF THE TRUSTEES, ARE NOT CAPABLE OF BEING USED EFFECTIVELY BY THE CHARITY FOR THE PURPOSES OF MEETING DEMAND FOR LOANS ON THE PART OF BENEFICIARIES IN THE AREA OF BENEFIT.

Area of benefit: LEICESTERSHIRE AND RUTLAND

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Economic/community Development/employment · Other Charitable Purposes · website · Get email alerts

Latest income

£431k

Latest spending

£391k

Registered

1964

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that total net assets increased to £5,428,833, supported by unrestricted funds of the same amount. The charity maintains liquid reserves of £330,551, which exceeds its stated minimum policy target of £236,000. The trustees and auditors confirm the charity is a going concern with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and legacies (79% of income)

“The main income of the charity comes from Sir Thomas White's Charity of Coventry under whose scheme a portion of its clear profit each year is given to The Sir Thomas White Loan Charity. The distribution relevant to the year under review was £339,934 (2024: £326,546).” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: minimum of £236,000 (held: £331k)

“The trustees have also ensured that funds will be available to service the current level of applications, and that cash reserves will be maintained to a minimum of £236,000.”

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: The financial statements include the independent examination fee of £900 (2024: £900) payable for The John Heggs Bates' Charity for Convalescents, a charity with the same trustees.

“The financial statements include the independent examination fee of £900 (2024: £900) payable for The John Heggs Bates' Charity for Convalescents, a charity with the same trustees.” — page 18

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sturgess Hutchinson. Discloses 4 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Financial Conduct Authority. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

LUCY JANE WOMACKchair · trustee of 2 other charities
ANNE CLARE WHITLOCK · trustee of 1 other charity
Amjad Khan · trustee of 1 other charity
DAVID ALAN HOPE FCA BSC · trustee of 1 other charity
Gaurang Chhotubhai Naik · trustee of 1 other charity
Gregory Michael Hollingsworth · trustee of 1 other charity
Ivan Richard Court CMgr FCMI · trustee of 1 other charity
Linda Neville · trustee of 1 other charity
Lisa Louise Botterill · trustee of 1 other charity
Mark James Sandall · trustee of 1 other charity
Mitesh Chandulal Sodha · trustee of 1 other charity
Parmdeep Singh Vadesha · trustee of 1 other charity
Paul Brian Douglas Murray
Phillip Brian Cox · trustee of 1 other charity
Samantha Caroline Purvis · trustee of 1 other charity
Simi Johal · trustee of 1 other charity

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

Operates in: Leicester City · Leicestershire · Rutland

Income and spending

Financial year end	Income	Spending
31/12/2025	£431k	£391k
31/12/2024	£431k	£379k
31/12/2023	£416k	£329k
31/12/2022	£377k	£375k
31/12/2021	£336k	£306k

Common questions

Is THE SIR THOMAS WHITE LOAN CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that total net assets increased to £5,428,833, supported by unrestricted funds of the same amount. The charity maintains liquid reserves of £330,551, which exceeds its stated minimum policy target of £236,000. The trustees and auditors confirm the charity is a going concern with no material uncertainties identified. Its FY2025 accounts were audited by Sturgess Hutchinson.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NOTTINGHAM MUNICIPAL CHARITIES.

NOTTINGHAM MUNICIPAL CHARITIES income £323k
SIR THOMAS WHITE'S NORTHAMPTON CHARITY income £458k
THE THOMAS SQUIRE CHARITY income £166k
THE BRISTOL BENEVOLENT INSTITUTION income £511k
LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED income £4.0m
SIR THOMAS WHITE'S CHARITY income £3.4m

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
THE SIR THOMAS WHITE LOAN CHARITY	£431k	—	—	unclear	—	no doubt
NOTTINGHAM MUNICIPAL CHARITIES FY2024	£323k	—	0	unclear	—	no doubt
SIR THOMAS WHITE'S NORTHAMPTON CHARITY FY2024	£458k	—	0	unclear	—	no doubt
THE THOMAS SQUIRE CHARITY FY2025	£166k	—	0	unclear	—	no doubt
THE BRISTOL BENEVOLENT INSTITUTION FY2024	£511k	—	0	unclear	—	no doubt
LEICESTER HIGH SCHOOL CHARITABLE TRUST LIMITED FY2024	£4.0m	£100,001 - £110,000	—	below	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.