FRIARSGATE TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased by £172,521 to £4,155,299, driven by a net loss on investments and grant expenditures exceeding investment income. The trustees report adequate resources for the foreseeable future, with cash held to cover running costs and investment management fees constituting the primary cost of generating funds.
What the accounts disclose
“It is the policy of the Charity to maintain sufficient cash funds to meet its anticipated expenditure on charitable grants.” — page 6
Trustees
- Annika Small
- Diana Augusta Altman
- ROBERT MCLAREN NEWMAN
- Richard Arthur Norton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £123k | £149k |
| 05/04/2024 | £118k | £126k |
| 05/04/2023 | £119k | £142k |
| 05/04/2022 | £112k | £177k |
| 05/04/2021 | £98k | £117k |
Common questions
Is FRIARSGATE TRUST financially healthy?
The accounts state that unrestricted reserves decreased by £172,521 to £4,155,299, driven by a net loss on investments and grant expenditures exceeding investment income. The trustees report adequate resources for the foreseeable future, with cash held to cover running costs and investment management fees constituting the primary cost of generating funds. Its FY2025 accounts were independently examined.